Bitcoin: $46,425.78 | Dominance: 39.3% | Hashrate: 173.748 EH/s
BREAKING NEWS: World's First Bitcoin Dividend From Public Company
Good Morning Crypto Peeps! Another lackluster performance yesterday and today seems to be off to the same start. While there is a lot going on in the world of Digital Assets and Blockchain Tech, the price isn't reflecting that but ... something has my Spidey sense tingling. Meanwhile, the focus in on the GOLD...
U.S. Global Investors CEO Frank Holmes: Gold will rise in 2022, but millennials will drive Bitcoin to thrive. R. Kiyosaki, G. Celente slam interest rates ‘a whole scam’, urges to invest in Gold, Bitcoin. Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs. In fact, long-term holders accumulated $112,573,560,000 worth of Bitcoin in 2021, according to Crypto intelligence firm Glassnode. But headwinds do appear, because Bitcoin could go downstream in 2022 and record more losses and 2022 kicks-off with a big drop in Bitcoin trading volume - Bitcoin's price hits 1-month low at $43.7K as US stock prices fall. deVere CEO Nigel Green Buys The Bitcoin Dip, Teases New Crypto Project as Bitcoin Market Dominance Hits Lowest Level Since 2018.
Former SEC Chairman-turned-Crypto advisor Jay Clayton defends move to private sector
El Salvador: How it started vs. how it’s going with the Bitcoin Law in 2021
Bitcoin (BTC) on-chain analysis — liveliness value suggests accumulation prior to parabolic rally as Bitcoin monthly RSI lowest since September 2020 in fresh 'oversold' signal. Bitcoin (BTC) holds support and consolidates just above $46,000 and Michael van de Poppe suggests Bitcoin has already ‘bottomed out’ as BTC continues trading sideways. However, analysts agree BTC price consolidation cannot last - here's how new Bitcoin rally might start: Bloomberg. Bitcoin’s correlation with the S&P 500 has recently increased, meaning that equities might be an area to watch when making price predictions for the number one digital asset. After spending years on the sidelines, large banks are beginning to dive into the world of digital assets. ETH looking strong against BTC. ‘We are 50% of the way there,’ says Vitalik on Ethereum’s development.
Acquisitions/Partnerships
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162MM and Charles Hoskinson names exciting 2022 Cardano partnership to build P2P financial operating system. Algorand partners with Israel’s leading research university to support blockchain education. MoneyGram acquires stake in Ripple-invested Cryptocurrency cash exchange Coinme.
HUGE CARDANO & POLKADOT ADOPTION! CRYPTO NEWS & PREDICTIONS 2022
Altcoins
Ethereum became 140% more profitable than Bitcoin in 2021 and already performs better in 2022. Chainlink becomes profitable as token surges by 31% as largest Ethereum Investors splurge over $260,000,000 on it, making it the most traded token among ETH whales; also scooping up $MATIC. Internet Computer: Correction risk rises after ICP price gains nearly 60% in 5 days. Shiba Inu, Cardano Present Buying Opportunity According to This Indicator. REN price at risk of 50% drop after a bearish trading pattern shows up. XRP chart forms this familiar pattern ahead of January events. New LGBT token aims for equity but raises red flags with community. Bullish indicators align for VeChain with significant upward movement in play. Uniswap sustains 24-hour gains as UNI tops most widely-held token among Whales. After Deviation, Aave (AAVE) Reclaims Crucial Horizontal Level.
Doggie-Coin Watch
23 Million SHIB burnt in past day, 50 Million incinerated in last 4 days. SHIB Whales buy $300 Million worth of tokens in last 24 hours. 1.049 Billion Dogecoin shifted by Robinhood and Anon Whales over past day. BabyDoge reaches 1.2MM holders and beats Shiba Inu. How Elon Musk’s Starlink could make Dogecoin unstoppable. Regulated crypto platform Uphold to list Shiba Inu (SHIB) by mid-Jan.
Acceptance/Adoption
Florida Gubernatorial hopeful Nikki Fried to accept Crypto donations. Airbnb users want crypto payment options, according to CEO Twitter poll. Year of sponsorships: Celebrities who embraced crypto in 2021 - World Cup Hero Mario Gotze Joins Cryptocurrency Community.
Follow Dat Money
Fast-growing gTrade Platform Gets $250K Grant As It Closes In On First Major Milestones. Exotic Markets Secure $5MM to Grow New-Gen DeFi on Solana. Binance Labs Led $12MM Investment Round for WOO Network and Billionaire Alan Howard, Tiger Global Invest in $20MM Funding Round for Livepeer.
Analyst's Corner
Veteran Trader Peter Brandt comments on Uber-Bearish Bitcoin Head-and-Shoulders pattern. In a new Q&A session, the host of financial education YouTube channel InvestAnswers tells his 389,000 subscribers where he thinks Solana (SOL) is headed over the next six months. “I’m pretty confident we’ll see $400 or $450." In addition, what happens after lengthy BTC consolidation? he looks at periods of accumulation for Bitcoin. Polygon ($MATIC), Curve ($CRV) SUSHI ($SUSHI) and Yearn Finance ($YFI) primed for 10X gains this year, according to Analyst Jason Pizzino. Top Crypto Analyst Cred says its time for Harmony and Cosmos (ATOM) to shine. Billionaire Hedge Fund Manager Jeffrey Gundlach Warns Bitcoin Can Be Bought at Cheaper Prices, Says BTC ‘for Speculators.’
The Very Best From Jameson Lopp’s “Bitcoin 2021 Annual Review.”
Mining
The Bitcoin Hashrate is expected to thrive in 2022, but Bitcoin miner migration could be on horizon, triggering Hashrate drop. Unfortunately it looks like Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdown instead. Following energy shortage, Kazakhstan is reining in 2021's stampede of crypto miners.
ETFs
Bitcoin ETF decision delayed, SEC commissioner wonders why and Bitcoin Spot ETF Approval As The Ultimate Catalyst For $100k Bitcoin In 2022.
Regulation
Crypto.com Ads banned by UK Marketing Watchdog for ‘Misleading’ Information and EU regulator calls for public input on DLT for trading and settlement. Kosovo bans Bitcoin mining as energy crisis sweeps Europe.
Blockchains
Polygon MATIC discloses 3 key milestones to be launched in 2022. The launch of Telos’ EVM set up the best alternative to Cardano.
Web3
Shark Tank’s Kevin O’Leary: NFTs could become bigger than Bitcoin. Quentin Tarantino’s 'Pulp Fiction' NFTs will be auctioned despite lawsuit. Golf startup LinkDAO putts $10.5 million in NFT sales. MonkeyBall GameFi launches MBS trading, announces NFT release. ZKSea to release NFTs with Japanese luxury and cosmetic brand shu uemura. The worst influencer and celebrity NFT cash grabs of 2021. Nvidia entering Metaverse race with marketplace tie-ups and free software. Gains Network unlocks $250,000 to support leveraged DEX gTrade. Aave Arc to provide 30 financial institutions access to private pools of DeFi liquidity. Speculation mounts on MetaMask token launch. 3 key metrics show DeFi's TVL on the verge of a new ATH.
Exchanges
Crypto exchanges flourish when powered by "Plug and Play" technology. Voyager estimates quarterly revenue doubled in Q4 despite lawsuit.
With the good comes the bad and oh boy is it bad. Apex slimebag Tai Lopez — infamous for bragging about his lavish lifestyle — is now appropriating RadioShack’s name as a smokescreen for a dodgy initial coin offering (ICO) and top Bitcoin mining country Kazakhstan turns off internet amid protests. CertiK identifies Arbix Finance as a rug pull, warns users to steer clear.
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Top 3 Podcast:
The Breakdown: A Massive $879.6M Bitcoin Mining Machine Buy Kicks Off the Year of US Bitcoin Mining
Bitcoin Fundamentals: BTC059 - Bitcoin is Freedom w/ Nic Carter (Bitcoin Podcast)
Crypto 101: Ep. 407 - Why Crypto Works with Adam Back and Arnab Naskar
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