"The first step toward success
is taken when you refuse to be a captive
of the environment in which you first find yourself."
-Mark Caine
Bitcoin: $43,767.58 | Dom: 40.0% | HR: 182.941 EH/s
Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney
BREAKING: Xapo closes shop in New York, gives up BitLicense and Coinbase announces acquisition of derivatives exchange FairX. TransUnion wants to bring credit checks to the crypto lending market and Bitcoin rewards platform Satsback V2 launches.
Northwest Arkansas offering $10K in Bitcoin to attract remote workers
This Just In: Bitcoin shoots to $44,000 as US inflation hits 7.8% in December as Crypto and fintech stocks rally after months-long slide and extremely rare Bitcoin reversal signal appears on-chain. Jack Dorsey announces Bitcoin legal defense fund. $1.3B of Bitcoin withdrawn from exchanges as miners’ reserves reach yearly high.
Bitcoin
What to expect for $BTC ahead of CPI Print; is Bitcoin now on three months cycles? Bitcoin ($BTC) reclaims Dec 4 lows and approaches descending channel resistance. Bitcoin exchange outflows see biggest daily spike since September 2021. Bitcoin funding rates stay negative as BTC price spikes to $43.5K. Bitcoin and Ethereum are heading for a 'death cross.' Should you care? Bitcoin sentiment unwavering at ‘extreme fear’, Analysts maintain full-scale bull market on the horizon. Bitcoin HODLers drive mammoth decline in Cryptocurrency trading volume.
Altcoins
More than 16,000 $ETH bought in last hour. Richest Ethereum Whales accumulating two surging Altcoins ($MATIC/$LINK) as top wallet buys $15,000,000 worth of Polygon ($MATIC.) MATIC flips Shiba Inu in Market Capitalization after 16% Rebound. $ADA rebounds 11% from key level as on-chain signals flip bullish. 240 Million $XRP shifted by Ripple and Bithumb global exchange. Avalanche ($AVAX) bounces at important horizontal support. Historically accurate algorithm predicts Cardano might surge to $3.60 by March 2022. Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies. FTX Token ($FTT) increases by 25% after January low. The expanding Cosmos: Here’s why Osmosis ($OSMO) hit a new all-time high.
Doggie-Coin Watch
Shiba Inu goes live on Mexico’s largest Crypto exchange Bitso as it recovers. 3.7 Million $SHIB destroyed in past day, while 116 Million got burned in last 4 Days. Shiba Inu ($SHIB) Hits 90-Day Low in Popularity. Shiba Inu ($SHIB) Rallies 8% on Robinhood Listing Rumors. SHIBA INU ($SHIB) breaks out from long-term resistance, still down 64% from all-time high. Binance exchange accounts for over 30% of all $SHIB spot trades globally. Dogecoin up 5.30% in past 24 hours as it is back among top purchased coins by Whales. $BABYDOGE community rallies for Binance listing after 99% rise YTD. Price Predictions for Memecoin Floki Inu in 2022.
People on the Move
Meta poaches staff from Microsoft and Apple for metaverse plans and CryptoCom NFT appoints Jeff Zeller, former Apple and ESPN executive, as senior director.
Acceptance/Adoption
Most Crypto users believe Cryptocurrency payments will become a standard, Paysafe study reveals. Wiki contributors want to drop crypto donations over environmental concerns. Visa survey forecasts Cryptocurrency merchant adoption boom.
Analyst's Corner
Economist Alex Kruger says inflation data will dictate next phase of Bitcoin ($BTC) and Crypto market cycle. IMF Economists warn of ‘contagion’ risk in increasingly linked Bitcoin and stock markets. One Altcoin ($VET) is presenting ‘massive opportunities,’ according to Crypto Analyst Michaël van de Poppe. Bitcoin ($BTC) and one decentralized finance Altcoin ($CRV) ready for big rallies, according to Crypto analyst Credible Crypto. Pseudonymous analyst Credible tells his 293,800 Twitter followers that leading smart contract platform Ethereum ($ETH) looks poised to rally as it flashes multiple bullish signals. Smart Money will buy the fear once Bitcoin drops to this level and Ethereum Bears are wrong Crypto Analyst Nicholas Merten. SOPR gives bearish long-term signal. Solana predicted to eat away at Ethereum's market share by Bank of America.
Notable Voices
Kevin O'Leary: Shark Tank Investor Compares Volatile Crypto Markets to Google, Microsoft and Amazon
Guido Buehler: Bitcoin Might Reach $75,000 in 2022 on Internal Valuation Models - Swiss Bank CEO
Hong Fang: Bitcoin surpassing $100k ‘shouldn’t be a problem’, OKCoin CEO suggests
Jerome Powell: Fed Chair Says A US CBDC And Stablecoins Could Coexist
Pascal Gauthier: Retail is pushing the Bitcoin price up, says Ledger CEO
IMF: Bitcoin matured to ‘an integral part of digital asset revolution.’
Ric Edelman: A third of Americans to buy Bitcoin by end of 2022
Mark Cuban: Billionaire investor seeks Crypto utility over trading
Acquisitions/Partnerships
Republic of Palau and Cryptic Labs launch digital residency program; Why? Animal Concerts partners with Korea’s Klaytn: K-pop in the Metaverse? Mercado Bitcoin operator acquires Portuguese crypto exchange CriptoLoja. Owner of Russian bank Tinkoff acquires Swiss digital asset firm Aximetria.
Funds/ETFs
Crypto funds outperformed traditional hedge funds and digital asset benchmarks. Which Mutual Funds, ETFs Are Making Crypto-related Investments? Bitcoin ETF boredom leaves “Lackluster Interest” behind.
Follow Dat Money
Zero Hash raised $105 million in series D round. Indonesian financial super-app Pluang raised $55 million from Accel. Swiss Digital Asset Bank SEBA raised $119M to grow international and institutional adoption. Checkout.com's valuation hits $40 billion with $1 billion raise.
Blockchains
Polygon ($MATIC) schedules long-awaited EIP-1559 upgrade for next week. XRP can now be sent to human-readable addresses. Layer 1 Blockchains defy early year Crypto downturn. Alf Protocol leverages Solana to unlock opportunities of DeFi 3.0 and Binance corroborates Solana network’s congestion issues. Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX. Dfinity Foundation set to unlock smart contracts on Bitcoin, advancing further into Ethereum’s orbit.
Mining
Bitcoin Mining in the USA: Gavin Qu of PrimeBlock predicts in future. Hydroelectric plant powering Crypto Mining operations in Costa Rica. Bitcoin Mining operations in Kazakhstan restore 90% of production but Hashrate still lagging.
Exchanges/Wallets/ATMs
Coinbase lists new ‘Golden’ Ethereum token "Goldfinch Protocol ($GFI)" as Crypto markets bounce. Cash App integrates Bitcoin Lightning Network for faster BTC transfers. Startup exchange D2X aims to offer first EU Crypto derivatives for institutions. Kraken launches $LINK, $OMG and $BAT in Japan. Thai Bourse to launch Digital Asset exchange as Crypto tax looms. Major Italian bank UniCredit backtracks on Crypto Ban. dYdX outline plans for full decentralization in late 2022. eToro rolls out smart portfolios for new metaverse investors. First DEX on Oasis Network hits $100M TVL in 24 hours.
Regulation
Crypto Regulation coming - Hong Kong fears Crypto may endanger financial system if not monitor. Sweeping Crypto regulation is on its way that could either provide clarity or stifle innovation in coming weeks. Congress's agriculture committees request information on digital assets from the CFTC.
DAOs
KlimaDAO increases carbon offset stash by 50% in two months
Web3
Simplify reveals plans to launch Web3 ETF.
NYC restaurant claims it will open for NFT holders only. Russian protest group Pussy Riot seeks to tackle gender inequality in the NFT space. Crypto prices are down while the NFT Market Remains Red Hot. Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs. Man sells 933 selfies as NFTs for $3 each — and the collection's now worth millions. The Gap jumps into NFTs on Tezos—with physical apparel perks. Hot Ethereum NFT platform LooksRare is rife with wash trading—and OK with it and exceeds $394M in sales. Twitch Co-founder Justin Kan talks gaming NFTs and the institutional investment case for Crypto.
Metaverse
The Sandbox ($SAND) COO on the Future of the Ethereum-Powered Metaverse. Singapore seeks to ‘balance’ economic innovation while shielding public from the Metaverse.
Stablecoins/CBDCs
Bill seeks to ban Fed from issuing Digital Currency to consumers. Hong Kong Monetary Authority aims to oversee stablecoin reserves
With the good comes the bad, don’t mention ‘K’ country: Bitcoin Magazine's YouTube restored after ban. Ripple v. SEC might be pushed back one month. American Securities body says Crypto scams are the biggest threat in 2022.
