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Breaking: BlackRock Adds Bitcoin to Their Global Allocation Fund (Trustnodes)
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- Coinbase’s $100M settlement with NY regulator pumps stock 7%.(10)
- Core Scientific to shut down Celsius Crypto mining equipment.(7)
- Genesis says it needs more time for lending crisis solution.(5)
JP Morgan still dabbling in Crypto, but is the bank serious about adoption? If not they should because Crypto payments volume in eCommerce climbs over 60% in 2022.(2) Crypto Trading Volumes Fall to 2019 Levels. Crypto asset funds saw inflows plummet 95% last year to just $433 million.(4)
Cryptosat launches second ‘cryptographically-equipped’ satellite using SpaceX rocket.(3) US federal agencies release joint statement on crypto asset risks and safe practices.(3) IRS wants a ‘symbiotic relationship’ with Crypto companies to fight financial crime. 100 crypto lobbyists prepare for the fight of their lives as Congress resumes. Tron founder Justin Sun is keeping some of his coins in Valkyrie Digital Assets.
War-torn Ukraine is turning to Crypto. UK’s crime agency creates new crypto unit; looking for a crime figher with a $50K salary.(4) Crypto tax pushes Indian users to switch to foreign exchanges; Government revenue hurt. Israeli securities regulator moves to establish crypto legal framework.(5)
Brace for impact? Bitcoin Open Interest RSI forms bearish divergence. Bitcoin volatility at 2.5-year low as market boredom continues. $16.8K Bitcoin now trades further below the 200-week trendline than ever. Bitcoin price key indicators suggest strengthening case for upside break as Bitcoin price plays catch-up with Altcoins, $28,000 is a key level and Bitcoin will reach $33,000 in April 2023 based on cycle analysis.
Over $8 trillion worth of transactions made on Bitcoin blockchain in 2022.(2) Lugano, Switzerland makes living on a Bitcoin standard possible with hundreds of merchants that accept BTC. Macro expert Lyn Alden makes 2023 Bitcoin (BTC) forecast, says privacy should be key area of development. Prince Philip of Serbia believes Bitcoin promotes global financial inclusion. He's not alone. Rise of Argentina’s Bukele? Leading Presidential candidate Javier Gerardo Milei preaches Bitcoin. Bitcoin failed as risk asset, digital Gold and non-correlated asset, says Peter Schiff.
Bitcoin miner Stronghold moves to erase $18M in debt as CEO’s shares plummet.(2) Bitcoin miners are split on when the bear market will fade into bull. Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023. Iranian courts order return of thousands of seized Crypto mining machines. U.S. Bitcoin miner Clean Spark increased its annual BTC production by 200% In 2022.
Ethereum price gains momentum, $ETH could rise to $1,300 and $ETH inflation at almost 5,000 ETH, but it might become deflationary again. Ether-Bitcoin ratio on a bullish path after triangle breakout, says Trader Lewis Harland. Trouble in Ethereum staking paradise as only 20% in the money. Ethereum Name Service (ENS) wrapped 2022 with over 2.2M registrations. Crypto community predicts $XRP price increase as Whale holdings surge: $0.3961.
$XRP had one of its best years in 2022. Ripple CEO optimistic about US 'regulatory clarity for crypto.'(2) CryptoLaw founder and blockchain enthusiast John Deaton revised his belief that a settlement in the Ripple-SEC lawsuit might be unlikely due to the Hinman emails. Santiment paints bullish picture for $XRP, but this may not be the case. Self-proclaimed Satoshi slams XRP as a Ponzi scheme, says Ripple will deflect. $ADA jumps 6% as Cardano DeFi activity ticks up.(2) Solana leads Crypto market gains, how long will this continue? Machine learning algorithm sets Solana price for January 31, 2023: $13.73. Solana ($SOL) staking engagement returns near all-time highs, but Fake Solana NFTs are being sold on Magic Eden in 'massive' exploit.(2)
Binance led market share in 2022 despite overall decline in CEX volumes(2) and 'is the crypto market’ according to Arcane who crowns the exchange 2022’s winner.(4) Indonesia plans to launch its own crypto exchange.(4)
US Feds put together ‘FTX task force’ to trace stolen user funds. Hypothetical plans to purchase and rebrand FTX pitched on Crypto Twitter. SBF pleads ‘not guilty’ to all charges as judge grants redaction of bail signers’ identities. SBF could still change his not guilty plea says Ira Lee Sorkin Madoff lawyer. Former SPAC CFO Cooper Morgenthau pleads guilty to funds misappropriation to trade Crypto. NFTs on Magic Eden are unintentionally displaying Porn, 'Big Bang Theory' images (5)
Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations.
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Podcast of the day: BTC111: Nostr - Decentralized Social Media & Bitcoin w/ William Casarin (Bitcoin Podcast) | Bitcoin Fundamentals
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- Cosmic Bitcoin and Why Bitcoin Is Built To Last w/ Tomer Strolight | Bitcoin Magazine
- Bitcoin Lessons & Signs of a Bottom in 2023 with Scott Melker | The Charlie Shrem Show
- On Bitcoin’s 14th Birthday, the Gemini-DCG War of Words Heats Up | The Breakdown
- 2023 Bitcoin & Macro Outlook with Lyn Alden | What Bitcoin Did
- Jan 3: Will Congress Ban Stock & Crypto Trading? | Decrypt Daily
- Read_688 - The Chaffening [Aristophanes] | Bitcoin Audible
- Are NFTs Securities? with Securities Lawyer Brian Frye | Bankless
- Could the Crypto Markets Revive in 2023? Two Researchers Discuss | Unchained
- Bitcoin Genesis Day with Tomer Strolight, Dr.Jeff, Tone Vays and the Café Bitcoin Crew - January 3rd, 2023 | Cafe Bitcoin
- Crypto's 2022 Year End Review | Matt Fiebach | On The Margin
- Lawrence Lepard: It's Just Math | The Bitcoin Matrix
