"Zeal will do more than knowledge."
- William Hazlitt

Powered by Forward - Finally, a doctor dedicated to your long-term health

Happy Saturday Folks! It's been one wild week. Last week Bitcoin was trading around $19,268.00 and as I type it's trading around $19,515.00 so Bitcoin is basically continuing the trend of acting like a Stablecoin for the past few weeks it appears. Let's recap the week shall we? 

Monday the price of Bitcoin closed at $19,623.58 and the sentiment was wildly positive with S2F creator buying the dip along side Institutions. Traders Pentoshi, Cowen, and Hayes all leaned positive, Rastani neutral, and Clark, Merten a bit on the negative side; I've discontinued covering several of these traders and "Analysts" since it appears their calls have been consistently incorrect - not easy trying to call this market. The most covered news of the day was about Kim Kardashian and it still baffles me that this story got as much press as it did. 
Podcast of the Day: On The Brink: Alexandra DaCosta and David Yi (Aspen Creek) on a New Model for Renewable Mining

Tuesday the price of Bitcoin closed at $20,336.84 and the sentiment was mainly bullish with miner metrics leaning a bit positive; HODLers are still HODLing and rising. Analyst Novogratz see the Fed steering the ship, Mucci predicts Crypto will decouple once we have clear regulation, and trader Kaleo things a squeeze is coming. The most covered news of the day was on-chain metrics show the Bitcoin price is primed for bullish explosion.
Podcast of the Day: The Pomp Podcast: #1099 Robert Breedlove On Money, Power, War & Bitcoin

By Wednesday the price of Bitcoin closed at $20,160.72 and the sentiment was mainly bullish once again as Bitcoin traded above $20K once again; $14K is still a possibility it seems. Analyst Cuban is still bullish, while Woo is still looking for "max pain;" Bloomberg Analysts see Bitcoin, Ethereum, and other Altcoins outperforming most major asset classes. The most covered news of the day was Do Kwon saying his funds were not frozen.
Podcast of the Day: The Scoop - Block and Circle are teaming up to onboard crypto's next billion users 

Right over the hump on Thursday the price of Bitcoin closed at $19,955.44 and the sentiment was still bullish as price continued to rise in the early part of the day; many looking for a violent breakout - which didn't materialize. Trader Rekt Capital sees a window of opportunity for Bitcoin and the bottom might take place in the next 1-3 months. The most covered news of the day was South Korean judge dismisses warrant for individuals involved in the Terra collapse.
Podcast of the Day: Stephen Livera: SLP419 Matthew McClintock- UHNW Bitcoin Strategies

As the week came to a close on Friday the price of Bitcoin closed at $19,546.85 and the sentiment was a bit neutral as Bitcoin attempts to hang on to $19-20K range. Trader Kaleo continued to predict a massive impulse breakout for Bitcoin around mid-December, as Robert Kiyosaki suggest pension funds should now invest in Bitcoin. The most covered news of the day was Binance chain getting hacked for $570MM and this statement from CZ: “An exploit on a cross-chain bridge, BSC Token Hub, resulted in extra BNB. We have asked all validators to temporarily suspend BSC. The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide further updates accordingly.”
Podcast of the Day:Unchained: Kristin Smith on Why Crypto Legislation Could Be Passed by Year's End

Told ya it was a wild week. As you might have been able to tell, I've reorganized the way I curate the news to make it a bit more easier to see what's going on. I focus on the top 10 Digital Assets since there is a tremendous amount of news esp as it applies to CeFi/DeFi, Web3, NFTs, etc. I highly encourage you to Follow Dat Money as well because this curation of news focuses on where the money is going, who is providing the funding which might be valuable for you if you are raising funds or looking to invest. 

WEEKEND NEWS

Trending

• ‘Shark Tank’ Star Believes Stablecoin Regulation Would Be Bullish for Many Cryptoassets (Cryptoglobe | TDH | BIC)
• U.S., Brazil authorities break up $768 million alleged crypto crime ring (TB | TDH | Coindesk)

Gaining Traction

• XRP pumps almost 60% in a month amid minor wins in SEC lawsuit (Finbold | NewsBTC)
• Stablecoins Plagued by Security Issues and Trust Concerns, Reveals New Report (BIC | Cointelegraph)

Other News

• Rich Investors’ Pathway to Crypto Just Got a Bit Easier This Week (Coindesk)
• Three biggest crypto stories from the past week (TB)
• This Week in Coins: Bitcoin, Ethereum Unmoved Amid Stock Slide (Decrypt)
• Here's Why This Week Could Be Disruptive for Cryptocurrency Markets (UToday)
• Why the US is one of the most crypto-friendly countries in the world (Cointelegraph)
• Mysterious Bitcoin Whale Allocated Almost 5,000 BTC Since Mid-September (UToday | ZyCrypto)
• Bitcoin price gives up key trend line as US jobs data deals 5% losses (Cointelegraph)
• Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation (Cointelegraph)
• Why Bitcoin Social Mention Is Increasing While Ethereum’s Drops Following Merge (Bitcoinist)
• Greenidge reshuffles executive ranks, expects further losses in Q3 (TB)
• Public Bitcoin Miners Plan To Grow Hashrate 50% By End Of 2022 (Bitcoinist)
• Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs (Cointelegraph)
• Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes (Coindesk)
• Here’s What Could Trigger the Next Parabolic Bitcoin (BTC) Rally, According to Quant Analyst (TDH)
• "Rich Dad Poor Dad" Author Gives Reason for Interest in Bitcoin: Details (UToday | Cryptoglobe)
• Crypto Strategist Maps Path Forward for Bitcoin, Warns BTC Will Continue Falling Until One Condition Is Met (TDH)
• Will Mt. Gox Release The 140K BTC On January 2023? Repayment Methods Revealed (NewsBTC | TDH)
• Blurred Regulatory Lines Leave Bitcoin Investors In Limbo With Little Hopes For Clarity Before End Of Year (ZyCrypto)

THE UPCOMING RELEASE OF BITCOIN CORE 24.0

• Ethereum OI Hits $7.7 Billion, Why A Rally Might Be In The Works (NewsBTC)
• Macro Guru Raoul Pal Reveals Bullish Outlook on XRP (TDH)
• Cardano ($ADA) Voted Most Popular Crypto for Staking, According to Recent Poll (Cryptoglobe)
• $ADA: Analyst Says Cardano Will Impress Institutional Investors, ‘Really, Really Positive’ (Cryptoglobe)
• Sentiment Heavily Bearish on Solana, Tron and One More Ethereum Rival (TDH)
• Solana Has Very High Chance of Leading Next Bull Cycle, According to Macro Guru Raoul Pal (TDH)
• How Central Banks Will Be Forced to Print Money Again: Arthur Hayes (CryptoPotato)
• Celsius creditors face fallout from U.S. bankruptcy disclosure process (TB)
• Moody's executives say new EU MiCA regulations could unleash stablecoin innovation (TB)
• XRP: Real Vision CEO Raoul Pal Believes ‘Court Case’ Will Get ‘Resolved Positively’ (Cryptoglobe)
• US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds (Coindesk)
• HEX Is up 37,000% – but Is It a Scam? (BIC)