"I am not a product of my circumstances I am a product of my decisions."
-Stephen Covey
Bitcoin: $43,051.17 | Dominance: 39.9% | Hashrate: 161.682 EH/s
BIG NEWS: NASDAQ-Listed BTCS firm to pay Bitcoin dividends (BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin) - NYC mayor getting paid in Bitcoin suggests buying the dip. Binance buys the dip adding over 43K Bitcoin to wallet.
Extreme Fear: Bitcoin Fear and Greed Index at lowest point since July 2021. Crypto traders fret an overheated futures market amid fall in spot prices but they say a drop to $38K is the worst case scenario.
Bitcoin and Crypto Markets in turmoil as Fed plans to reduce balance sheet; reasons why Bitcoin just tanked to $42K - but party just getting started. TA: Bitcoin plunges below key support, turn sell on rallies. $810 Million worth of longs liquidated as Bitcoin price plunges to $43,000.Crypto investment inflows increased 36% in 2021. Bitcoin Twitter flips bearish, community responds. El Salvador loses almost 15% as Bitcoin retraces to $43,000. Is Bitcoin entering a bear market? Here’s what the technicals show; current Bitcoin trend looks similar to June. OR is the Bitcoin (BTC) Bottom In? Analytics firm CryptoQuant says these two bullish signals are flashing? Bottom is close for Bitcoin and Ethereum, according to popular Crypto Analyst Capo – here’s how low the markets could go.
THE GREAT RESET AND THE RISE OF BITCOIN
What Did They Say?
Mozilla Co-Founder Jamie Zawinski blasts Crypto donors as 'planet-incinerating Ponzi Grifters.'
Altcoin
EY’s Global Blockchain Leader: ‘2022 Is the Year of Ethereum.’ Meanwhile, Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets. Solana, Terra and Polkadot are growing faster than Ethereum did, however Solana, Avalanche, ALGO record losses as market tumbles, sentiment shifts into "Extreme Fear." 3 reasons why Cosmos ($ATOM) price is near a new all-time high. The 10 Fastest-Growing Cryptocurrency Ecosystems In 2021. Axie Infinity leads gaming Crypto crash amid wider market rout. $MATIC profitability remains above 70% despite Cryptocurrency market correction, however MATIC and Chainlink among top 10 tokens whales are buying as market falls. Oracle tokens turn bullish as blockchain projects focus on interoperability.
Doggie-Coin Watch
25.6 Million SHIB gone in last 24 hours and Shiba Inu Whales Held onto Tokens Despite Market Sell-off. Shiba Inu and Dogecoin coming to AMC theaters in march. SHIB trading begins on this India-based global exchange Koinbazar open to US residents.
Analyst's Corner
Bulls
Bitcoin Is Safer From Government Bans Than Gold or Silver, According to Crypto Hedge Fund CEO Zhu Su. Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation. Raoul Pal says ‘reasonable chance’ crypto market cap could 100x by 2030. Banking Giant Goldman Sachs says Bitcoin can break $100,000. ‘Bitcoin a Contrarian Bet’ for 2022, Says Messari Founder Ryan Selkis. Top Crypto Analyst Credible predicts rally to new all-time highs for Curve ($CRV), says one mid-cap Altcoin $HBAR looks fantastic. Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analyst Mike McGlone. Crypto Analyst Justin Bennett makes massive VeChain (VET) prediction.
Bears
Peter Schiff predicts nightmare Bitcoin crash if it collapses through these vital support levels.JPMorgan has bearish warning about Ethereum. Mike Novogratz Predicts Bitcoin Will Bottom Out at $38,000. 2022 Could Be Tough Year for Crypto, Says MAI Capital's Chris Grisanti.
Here's what's keeping $108.4 Billion wealth managers from investing in Bitcoin: Bloomberg.This year will be about DeFi and Oracles, according to analyst Michaël van de Poppe – Chainlink ($LINK) is one Altcoin to watch. This $6,000,000,000 Ethereum-Based Altcoin ($AXS) is proof of how powerful the Crypto Metaverse will be: Sam Bankman-Fried.
Acquisitions/Partnerships
2 crypto M&A shops are merging ahead of a wave of expected deal-making activity and Samsung Enters Metaverse Through Collaboration with Decentraland ($MANA.)
Follow Dat Money
Report: VCs Invested $33B in Crypto and Blockchain Startups in 2021. HAWKU raises $4MM. CryptoSlam Nets $9MM in Seed Round Led by Animoca Brands. Crypto bank Sygnum raised $90MM, now valued at $800 million. Ethereum-Based NFT marketplace OpenSea raised $300,000,000 in a round led by giant Crypto VC firm. The Human Rights Foundation gave away 425 Million Sats.
Blockchains
Ethereum dominates among developers but competitors growing faster. Ethereum halfway to perfection, says Vitalik Buterin as he outlines vision for ETH 2.0. Aave launches its permissioned pool Aave Arc, with 30 institutions set to join. OlympusDAO Rolls Out $3.3M Bug Bounty Program With DeFi Security Platform Immunefi. $MATIC: Polygon’s Top 5 Achievements in 2021.
Mining
Core Scientific minded over 1K Bitcoin in Decemeber to end 2021 holding 5,296 BTC. Congress is preparing an oversight hearing on Bitcoin mining's environmental impact. Bitcoin Miners Marathon Digital, Hut 8 Plot Hashrate Growth. Bitcoin’s Hashrate unmoved while Kazakhstan turns off internet.
Web3
Study: Number of monthly active Web3 developers hit an all-time high in 2021
NFT market OpenSea now worth more than Kraken, Gemini, and eToro. Australian Open serves up NFTs linked to live matches. Singapore's Next-Gen Tycoons join NFT craze with launch of collaboration platform for entrepreneurs. Polygon network activity spikes as NFT sales reach new height. Castlevania’s Konami Is Latest Video Game Giant to Jump Into Ethereum NFTs. Binance implements a ‘fair way’ to purchase NFTs. Dapper Labs becomes the first NFT company to register to lobby with the US government. Rap Legend Nas Sells Two Songs as NFTs on DJ 3LAU's Royal Platform. How this NFT trader lost his funds on OpenSea, does the platform needs to change? Candy Digital Hits Home Run with MLB NFTs, Plans to Recruit New Fans in 2022.
Meta reportedly drops VR/AR operating system development. Sin City Metaverse Land Sale Sold-Out in Under Two Hours, Netting $3.5m. Zen Fighters introduces Esports Metaverse gaming experience on Blockchain. This Protocol Aims to Bring “Living” NPCs To Metaverse Games. An Insight Into Top 3 Projects in the Web3 Index Chart: Pocket Network, Arweave, and Livepeer.
The Investor’s Guide to DeFi 2.0
Regulation/Tax
How the geopolitics of 2021 will shape the year ahead for Bitcoin. Thailand hits Crypto traders with capital gains tax. El Salvador prepares regulatory framework to issue controversial Bitcoin bonds.
Exchanges/Wallets
Cryptowire launches first Indian Crypto index fund. Monero (XMR) being listed on decentralized Cryptocurrency exchange Crypton. Cardano's first all-in-one DeFi wallet announces new connectivity milestone. Bank of America: Coinbase revenue to diversify and accelerate in 2022 and beyond.
CBDC/Stablecoins
Central Bank of Bahrain successfully completes JPM Coin test run. Neobank Wirex expands Stablecoin roster.
With the good comes the bad, Crypto crime was the highest — and lowest — ever in 2021: Chainalysis. Crypto Crime Stopper: How Coinbase foiled the theft of a half million from an elderly man’s bank accounts. Solana suffers network blackout for second time in a week as Co-Founder denies reports of a DDoS attack. One year after Capitol Hill riot, far Right’s love affair with Bitcoin persists.
Funny? Comedian Stephen Colbert spoofs 'Colbert Coin' in response to rise in crypto scams
Crypto Jobs Market ‘Has Matured’ According to CryptoJobsList Chief
Top 3 Podcast:
The Pomp Podcast: #773 Bividend - The World's First Bitcoin Dividend w/ Charles Allen
The Wolf of All Streets: How He Persuaded Michael Saylor To Buy Billions Of Dollars Worth Of Bitcoin | Eric Weiss, BIG Fund
The Bad Crypto Podcast: HODLing with Dan Held
MUST WATCH!
