"We must be willing to let go of the life we have planned, so as to have the life that is waiting for us."
-E. M. Forster
Bitcoin: $41,786.37 | Dom: 39.6% | HR: 190.211 EH/s
Breaking: Pantera's new venture fund sees $1 billion in total commitments. BitMEX to Acquire One of Germany’s Oldest Banks Bankhaus von der Heydt.
This Just In: Brevan Howard Launches First Digital Assets Fund in ‘Massive’ Crypto Push. Ethereum’s EIP-1559 upgrade launches on Polygon to burn MATIC and Cross-chain protocol Multichain bug gets exploited for $1.34 million; Multichain asks users to revoke approvals amid ‘critical vulnerability.’
Crypto.com Hack
- CryptoCom Pauses Withdrawals and Restarts Users’ 2FA Accounts After Reports of Suspicious Activity
- Crypto.com Loses $15 Million Worth of Ethereum to Hackers
- Crypto.com Hot Wallet Hacked, No Funds Lost Says the Exchange
TALKABOUTABLE
- NFT-focused Animoca Brands valued at $5B following $358M raise
- NFT marketplace Metaplex (backed my Michael Jordan) raised $46M to expand gaming and metaverse applications
- Coinbase partners with Mastercard to let users buy NFTs via cards
- Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining.
- OpenSea confirms acquisition of Dharma, sets sights on fiat onramps
- Intel to give presentation on energy-efficient 'Bonanza Mine' Bitcoin ASIC next month
- Britain to Regulate Decentralized Finances and UK government latest to ramp up scrutiny of crypto ads.
- FTX announced as naming rights sponsor of Australian Blockchain Week 2022
- Over 1.6M BNB Removed In Binance’s First Quarterly Auto-Burn
- UFC Champ Francis Ngannou Teams With Cash App to Take Winnings in Bitcoin
- CryptoCom Becomes Financial Backer of the Australian Football League and the AFLW
- Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
- Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy BTC
- Thailand’s Former SEC Chief Tipsuda Thavaramara Opposes Possible Crypto Taxation: Report
- Binance eyes Thailand for latest crypto exchange expansion
- Binance Destroys $700 Million Worth Of BNB With New Auto-Burn Model
- Indian PM Narendra Modi Calls for Common Global Stand on Cryptocurrencies
- USDC Supply on Ethereum Tops USDT
- NCFTA onboards crypto exchange Binance to fight against cybercrime.
- Chinese Authorities Crack Rug Pull Scam, Arrest 8 Individuals
BITCOIN IS REVOLUTIONIZING GLOBAL MONEY MANAGEMENT
Bitcoin
Enormous volatility imminent for Bitcoin, derivatives data shows. Crypto Markets Lose $100 Billion Daily as Bitcoin Dips Below $42K. Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders and analysts still expect ‘one more impulse’ move. However Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K. Bitcoin Dominance Rate (BTCD) Reaches Lowest Weekly Close Since 2018. Dormancy Flow Gives Buy Signal for Sixth Time in History: Bitcoin (BTC) On-Chain Analysis. Bitcoin Realized Losses Remain Elevated Showing Sell-Side Hasn’t Exhausted Yet. Analysts warn that Bitcoin could dip to $38K 'before an eventual breakout.'
Altcoins
TA: Ethereum Revisits Key Support, Why Recovery Could be Capped. Grape: Musk’s Rando Tweet about the Fruit Jacked up the Price of the GRAPE Token. Here's What One of Biggest Ethereum Whales (LIGHT) Is Buying and Holding Right Now; RON token. $ADA Surges After Launch of ‘Pavia’ ($PAVIA), the First Cardano-Powered Metaverse. Cardano goes ‘full send’ with a 50% ADA rally ahead of SundaeSwap launch. Near Protocol (NEAR) Falls By 15% After Reaching New All-Time High — Multi Coin Analysis. 224.3 Million XRP Wired, 1/3 of That Moved by Ripple to Huobi; XRP Creates Long Wick After Considerable Bounce. OlympusDAO’s slide continues: OHM down 90% from all-time high; OlympusDAO Establishes OHM as a Liquid Asset within the Balancer Ecosystem. Hopes Of XRP Getting Listed On Coinbase And Robinhood Spurred By Binance With wXRP Integration. Avalanche (AVAX) Drops After All-Time High, Consolidates Above $80. Bitcoin-Integrated Altcoin $STX Spikes After Earning Surprise Support From Coinbase.
Doggie-Coin Watch
Dogecoin Enters Decentralized Finance. Elon Musk Supports DOGE and Its Cofounder with His Classic Tweet. BabyDoge Listed by Hong Kong's CoinEx Exchange. Shiba Inu Now Held by Over 1.145 Million Users: New All-Time High. Dogecoin (DOGE) and Shiba Inu (SHIB) Among the Most Popular Cryptocurrencies in the US: New Huobi Global Survey.
Analyst's Corner
Bitcoin Current Market Dynamics Differ from the 2021 "Pre-Bull Run Era": Analyst Alex Kruger. Investment giant Invesco predicts the Bitcoin bubble to burst in 2022, to trade below $30k. What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst TechDev. Crypto Price Prediction: ‘Valuation Models’ Reveal Bitcoin 2022 Target. Crypto Strategist Altcoin Sherpa Predicts Breakout for Ethereum Challenger Fantom (FTM), Says Solana (SOL) Primed To Rally. Cardano: Prominent Crypto Analyst Michael van de Poppe Explains How to Trade $ADA as It Surges. Ethereum (ETH) Has Eight Main Competitors, According to InvestAnswers – Here Are His Picks. Large Bitcoin Whale Addresses Record Growth During Recent Price Dip, Here Is What It Means according to Santiment. FTX CEO Sam Bankman-Fried on Ethereum Rivals Solana ($SOL) and Avalanche ($AVAX). JPMorgan: Ethereum Losing NFT Crown to Solana. Mike Novogratz Issues Bearish Warning About Crypto.
Acceptance/Adoption
From tuk tuks to COVID tests, YouTuber tests Bitcoin use cases across multiple countries
Acquisitions/Partnerships
Andreessen-Backed Mythical Games Buys Game Streaming Startup to Build in the Metaverse. El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership. MSCI Partners With Digital Assets Firm Menai Financial Group.
Follow Dat Money
Crypto.com Bolsters Venture Arm to $500M. Blossom Capital targets crypto tokens with new $432 million fund. GameFi Major Digital Entertainment Asset Raised $12 Million. Crypto market maker Byte Trading raises $7 million in seed funding. ParaFi Capital-backed Crypto Venture Capital Firm Prepping Launch, Sources Say.
Blockchains
Cardano ($ADA) Sees Transaction Volume Briefly Surpass That of Ethereum ($ETH) Ahead of DEX Launch and Launches New Project to Boost Third-Party Smart Contract Development; Here are the 11 ways Cardano is planning to scale in 2022. Cardashift Is Building a Cardano-Powered Launchpad For Sustainable Impact. Elliptic is developing a new blockchain data product for institutional crypto traders. Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain. Blockchain assessment: How to assess different chains? DeFi Ecosystem Werewolf Protocol Evolves into Lycan Chain. QANplatform Unveils First EVM-Compatible Quantum-Resistant Blockchain: Details. Morpheus.Network hits roadmap targets, attracting investors focused on fundamentals.
Mining
Solo Ethereum Miner Earns 170 ETH for Mining Block. Kazakhstan’s Miners are Living out of Suitcases. Where to Now? Mr. Wonderful plans to invest in mining company stocks. Kosovo Law Enforcement Seizes Over Three Hundred Crypto Mining Machines. Bitcoin miners’ resilience to geopolitics — A healthy sign for the network. Kosovo Crypto Miners Considering Selling Gear Following Ban.
Defi/CeFi
‘VeNomics’ Taking Over DeFi as New Model for Earning More Rewards. Where are the best APYs for stablecoins? | Find out now on The Market Report!
Regulation
Early birds: U.S. legislators invested in crypto and their digital asset politics. The NFT Investor’s Worst Nightmare: IRS Craves For A Crackdown.
Web3
Web3 ETFs Will Spur Ecosystem Support and Growth, Industry Pros Say. Mars4 Metaverse NFT Sale Raises Over $250k in a Day: The World’s First Virtual Mars NFTs Are Selling Rapidly. Blockchain Courts and Cats That Look Like Dogs: How DAOs Wrestle With the Law. Korean Bithumb exchange to launch NFT marketplace. Two Crypto Sectors (NFTs & Blockchain Gaming) Growing Rapidly, Defying Overall Market Correction: DappRadar. ClearDAO Integrates Derivatives Trading into DeFi Primitives, Here’s How. Mercedes partners with NFT artists to celebrate G-Class series. What Are Play-to-Earn Games? How Players Are Making a Living With NFTs. Microsoft Frames $69B Activision Blizzard Deal as 'Metaverse' Move. OpenSea Records All-Time High Monthly Trading Volume.
Stablecoins/CBDCs
Central Bank Of Bahrain Succeeds In JPM Cryptocurrency Payment Trial. 'The risks outweigh the benefits' of a Swiss CBDC, says SNB governing board member. Malaysia to Explore the Potential Launch of a CBDC (Report).
Would you Believe?
Rare Black Diamond from Space Will be Auctioned for Cryptocurrency and Only 27% of El Salvador’s population trusts Bitcoin, study reveals. Covid prompts 43% of institutional investors to adopt ‘much more positive view of crypto’.
With the good comes the bad, Crypto Influencer Frustrated with ‘Unusable’ State of Malfunctioning OpenSea and IreneDAO NFTs causing a stir on crypto Twitter. Chinese police unearth multi-million-dollar DeFi rug pull. This Bitcoiner Just Lost 26 BTC Worth Over A Million Dollars To A “Michael Saylor Giveaway” Scam. England Soccer Manager Enmeshed in Crypto Scam. Bukele Doesn’t Care About El Salvador’s Downgraded Sovereign Debt. DAO leader causes cascade across ‘rebase’ tokens after $11M dump.