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Happy Tuesday Folks! I partied pretty hard as my Dallas Cowboys won their first playoff game in eons! So... How Bout Dem Cowboys?! Bitcoin is pumping and life is good. Let's get on with the news :)
Most Covered News:
- Silvergate posts $1 billion loss as crypto industry suffers a 'crisis of confidence;' shares jump pre-market.(6)
- Binance Coin ($BNB) forms bearish pattern, but fundamentals look strong. Binance burns $620 million worth of $BNB.(6)
- European Union postpones MiCA vote to April.(5)
Global crypto market cap nears $1 trillion after pumping $140 billion in a week. But, high risk of global recession could impact Crypto markets. Bernstein says custody services are the foundation for institutional Crypto adoption and to drop the zero Crypto policy. Kevin O’Leary warns another crypto ‘meltdown to zero’ will 100% happen.(2) 10 practices crypto can borrow from TradFi to better protect customers.
Crypto Regulation: Why Japan is urging its global counterparts to apply Crypto rules to banks.(2) SEC of Thailand issues crypto custody provider rules. Federal consumer protection watchdog stakes out crypto turf in SEC shadow. WEF publishes new in-depth guide to DAOs to air issues, encourage development. French Crypto Companies Must Seek Authorization by 2024 Under New Lawmaker Plans. Finnish Minister Calls for EU Law to Recognize DAOs.
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed.’ Here’s why $22,400 could be the next major level to break for Bitcoin. Meanwhile, Bitcoin Price Rally to $21.5K Takes Pause. Is The Bitcoin Bottom In or Not? Crypto Analysts Disagree. Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in. Is this a bull run or a bull trap? Watch The Market Report live. 'To the moon' or 'total crash'? Bitcoin price hits new 4-month highs. Buyers from Coinbase powered Bitcoin higher or did they? Bitcoin is the solution to the world’s economic inequality problem. Bitcoin’s 2023 winning streak 1-day away from making history. Bearish Signal: Bitcoin, Ethereum Profit-Taking Reach 2021 Levels. Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months. Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market.
Bitcoin Mining stocks record best month in a year amid $BTC price surge.(2) SEC leaked crypto miners' personal information during investigation.(2)
Ethereum hits 500,000 validators ahead of scheduled Shanghai upgrade.(3) Ethereum smart contracts deployment jumped 293% in 2022.(2) Developers keep the candle burning during chilly Crypto winter.(3) Masa Finance launches soulbound Web3 identity protocol for Ethereum.
Ripple CTO David Schwartz isn't so pleased with Flare proposal for two reasons.
Machine learning algorithm sets $XRP price for February 1, 2023: $0.40. Whales Move Billions Of $XRP Following Price Spike.
Dogecoin ($DOGE) bulls take charge bringing price target of $0.10 in sight. Cardano's Djed stablecoin launch in mainnet is near, $ADA contributor assumes.(2) Polygon upgrade goes live following low governance vote turnout.(2) Polygon enlists Xternity to migrate multiplayer Web3 game from Solana. Blockchain game Synergy Land migrates to Polygon. Polygon hard fork aims to tackle gas price spikes, but can it keep up with Ethereum?
Crypto lender Vauld gets another extension for submitting restructuring plan and creditor protection.(5) Fidelity-backed exchange OSL cuts workers amid ongoing Crypto winter.(3) Coinshares sees first inflow of ETH after two months; AUM up most since 2021. Circle Taps Deloitte as New Auditor, Doubles Down on Proof of Reserves. Crypto Exchange Binance Goes Live In Bahrain. German Neobank N26 Aims to Make Buying Crypto in Europe Easier.
Anthony Scaramucci calls Sam Bankman-Fried the Bernie Madoff of Crypto.
XRPL noncustodial wallet unveils 'big release' testing that might boost retail adoption. Legal expert says $XRP doomsayers ‘are overstating the SEC’s chances.' $XRP investors file class action lawsuit against coinbase. Ripple attorney lends further argument on why SEC is wrong about $XRP. SEC charges over Gemini, Genesis earn program latest shot at crypto lending.
FTX debtors identify $5.5 billion of liquid assets in ’Herculean effort.’(3) FTX bankruptcy debtors ditch the courtroom drama — for now (TB)
Death of BitConnect promoter’s wife sparks mysterious theories. Over $3,770,000,000 Lost to Blockchain-Related Hacks in 2022: Security Firm SlowMist.
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. Thanks again for reading, watching, and listening with me.
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