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FOLLOW DAT MONEY! $1B
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Happy Tuesday Folks! Yesterday's most covered news was Binance offering to purchase Voyager assets for $1B and today the most covered news is BlockFi making a motion to allow certain wallets to withdraw Crypto. In addition to the Binance news SBFraud agreeing to be extradited continue to grab the attention of most media outlets. Couple that with Binance news and everyone being nervous if it's the next show to drop, Grayscale is taking that limelight as they signal they might sell off Bitcoin if the ETF doesn't get approved.
Today, we learn that Gerald Cotton might not be as dead as we thought as the cold wallet from QuadrigaCX comes alive. Meanwhile, Bitcoin continues to be "tick tock next block" 100% uptime and is currently feeling a bit of a relief rally possibly due to Japan allowing Bond Yields to rise.
WATCH
LISTEN
Podcast of the Day: An Honest Look at Bitcoin & The Crypto Landscape with Haseeb Awan | The Charlie Shrem Show
Other Podcast
- Rep. Tom Emmer (R-MN) on FTX, the SEC, and the House Crypto agenda for 2023 | On The Brink
- 2022 in Review + How Cobie and Chris Burniske Are Playing the New Year | Unchained
- Slow & Steady Wins The Coins With Hut 8 | Sue Ennis | The Mining Pod
- Audit Firms Don’t Want to Work With Crypto Companies, and That’s a Problem | The Breakdown
- Quantifying the Value of Digital Assets: What Equity Markets Can Teach Us About Crypto Fundamentals | Joshua Frank, The Tie | The Wolf Of All Streets
- Dec 19: Is GBTC In Trouble? | Decrypt Daily
- Read_685 - How the IMF and World Bank Repress Poor Countries, Part 3 [Alex Gladstein] | Bitcoin Audible
- SPECIAL: IMF / World Bank and African Bitcoin Conference with Alex Gladstein and Sam Callahan - December 19th, 2022 | Cafe Bitcoin
- #384: Nostr Got 1.4B Sats From Jack Dorsey And Banned From Twitter with jb55 | TFTC
SOURCES
CRYPTO MARKET
- BlockFi files motion to return frozen crypto to wallet users (Cointelegraph | TB | CryptoPotato | Blockworks | Coindesk)
- $1.7M in Bitcoin tied to QuadrigaCX reawakens after years of dormancy (Cointelegraph | UToday | Blockworks | Bitcoinist | Coindesk | TDH)
- Peak Crypto Market Negativity Could Be a Bottom Signal, Historical Data Suggests (Cryptoglobe)
- Crypto Tax: An In-Depth Look at OECD Plans for 2023 and Implications for Your Crypto (BIC)
- Coinbase, Binance enjoy market share gains after FTX demise (TB)
- ‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst Jim Bianco (Cointelegraph)
- 10 Predictions for the Future of Crypto in 2023 (Coindesk)
- Co-Founder of $4,000,000,000 Crypto Pyramid Scheme Faces 60 Years in Prison (TDH)
- Macro Guru Raoul Pal Says One Catalyst Could Open Institutional Floodgates and Set Off Crypto Fireworks (TDH)
- Dan Morehead: Veteran $4,500,000,000 Crypto Hedge Fund Says ‘DeFi Is Superior’ – Here’s Why (TDH)
- Okcoin CEO Hong Fang Names Three Catalysts for Next Crypto and Bitcoin (BTC) Bull Run (TDH)
- 4 legislative predictions for crypto in 2023 (Cointelegraph)
- Bankrupt Celsius Could Follow in Voyager Digital’s Footsteps and Be Acquired Soon (BIC | Cointelegraph)
- EU Criminal Justice Agency Raids Properties, Uncovers €15m Crypto Scam (Bitcoinist)
BINANCE
- Will Binance Meet the Same Fate as FTX? Experts Share Their Opinions (BIC)
- Staggering $3,200,000,000 in Stablecoins Exit Crypto Exchange Binance in 30 Days: Analytics Firm Glassnode (TDH)
- Binance joins U.S. lobby group's executive committee (TB | Cryptoglobe | Cointelegraph)
BTC
Price
- Bitcoin Price Bounces Off $16,300, Here’s Why (NewsBTC)
- Bitcoin, crypto prices higher, Grayscale's GBTC discount to NAV narrows (TB)
- Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise (Cointelegraph | Coindesk)
- How Long Does the Bitcoin (BTC), Ethereum (ETH) and XRP Bounce Have to Run? (BIC)
Voices
- Bitcoin Likely to Resume Outperforming Once This Happens: Bloomberg's Chief Strategist Mike McGlone (UToday | Cryptoglobe)
Grayscale
- Grayscale's Discount Almost Reaches 50%, 1 BTC Exposure Now Costs $8,400 (UToday)
Lightning
- Crowdfunding gets leg up from Lightning Addresses on Bitcoin (Cointelegraph)
Mining
- Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms (Coindesk | TB | BM | Cointelegraph | Blockworks)
Misc
- The Africa Bitcoin Conference Showed That Africa Needs Bitcoin, Just As Bitcoin Needs Africa (BM)
- Hackers steal EV giant NIO users’ data demanding millions in Bitcoin (Finbold | Blockworks | Bitcoinist)
- Machankura’s Bitcoin Wallet Targets Africans With Old-School Phones and No Internet (Coindesk)
- Portion of Bitcoin Supply Held by Retail Investors Reaches All-Time High: Glassnode (Decrypt | BIC)
ETH
- Ethereum Bounces Above $1.2K, Bitcoin Touches December Lows (Market Watch) (CryptoPotato)
- Visa dreams up plans to let you auto-pay bills from your crypto wallet (Cointelegraph | BIC | Bitcoinist | TDH)
- ConsenSys Shareholders Win Battle in War for Critical Ethereum Infrastructure (Blockworks)
- Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse (Cointelegraph)
- Bloomberg Analyst Mike McGlone Predicts Ethereum (ETH) Outperforms Bitcoin (BTC) Once Risk Assets Reverse (TDH)
BNB
- Binance Strengthens in Asia in Response to US Pressure, BNB Price at Crossroads (UToday)
- Binance Coin (BNB) Price Bounces on News of Voyager Acquisition (BIC | NewsBTC)
- Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer (NewsBTC)
- 3 reasons why BNB price risks another 30% decline by January (Cointelegraph)
XRP
- Ripple Whales Transfer One Billion XRP, Is a Price Dump Incoming? (BIC)
- Ripple v. SEC court case update as of December 20, 2022 (Finbold)
- SEC Wants To Kill Crypto And Ripple In The US, Defense Lawyer Says (Bitcoinist)
- Dozens of Millions of XRP Moved by Ripple – Is Crypto Giant Dumping? (UToday)
ADA
- Major Cardano (ADA) Innovations Unveiled and Explained by Developers (UToday)
- Cardano-Centered Stablecoin Djed Set to Debut in January — ADA Poised For Rapid Adoption (ZyCrypto)
DOGE
- Biggest Dogecoin Holder in World Transfers Enormous 3.8 Billion DOGE to This Address (UToday | Cryptoglobe)
- Dogecoin Smokes Coinbase By $2 Billion In Market Cap – No Longer A ‘Silly’ Joke? (Bitcoinist | UToday)
- Largest Dogecoin Holder Transfers $280M In DOGE, Is It Elon Musk? (Bitcoinist)
MATIC
- Polygon (MATIC) Could Surge to $0.83 If These Signals Are Validated: Analyst (UToday)
- Decrypt’s 2022 Crypto Project of the Year: Polygon (Decrypt)
SHOCKING
- Police body cam leaks suspect’s seed phrase during vehicle inspection (Cointelegraph)
FTX FIASCO
- FTX warns it will claw back political donations and contributions (Cointelegraph)
- Auros bankruptcy protection filings show funds tied up on FTX (TB)
- FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations (Coindesk)
- SBF’s Timely Arrest Was Not Coincidental: Tom Emmer (CryptoPotato)
- Ripple CEO Brad Garlinghouse Calls Gary Gensler’s Meetings With Sam Bankman-Fried ‘Shameful’ (TDH)
- Who has returned donations or contributions from FTX amid the firm’s reputational risks? (Cointelegraph | CryptoPotato)
- Sam Bankman-Fried Reportedly Set for Extradition to the U.S. (Coindesk | Cointelegraph | Blockworks | Cointelegraph | Coindesk | TB | Forbes | BIC)
- FTX Has Over $1B in Cash, Creditor Meeting Told (Coindesk)