"I can't change the direction of the wind, but I can adjust my sails to always reach my destination."
 –Jimmy Dean

Powered by LifeLine - The Power of Prevention

Follow Dat Money | Crypto Projections

READ

Happy Tuesday Folks! Bitcoin is just hanging around $22.5 and $23K for the past day or so with no clear direction. Sentiment seems to lean a bit positive but many still see this as a big bull trap; stay tuned!

Most Covered News:

• Binance holds token collateral and user funds on same wallet by ‘mistake.’(6)
• SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress says Michael Sonnenshein Grayscale CEO; crucial day for Bitcoin is March 7, 2023 as the court sets date for Grayscale vs. SEC.(5)
• Bitcoin jumps to $23K, looks bullish as miner sales hit three-year low; opens door to $25K - which spells misery for Bitcoin shorters.(4)

Study reveals extroverts 28% more likely to invest in crypto over stocks. SEC Commissioner Hester Peirce says don’t ‘swipe left’ on Crypto.(2) ARK Invest CEO Cathie Wood sees potential crypto rebound amid whiffs of a Fed pivot. Investor Jeremy Grantham dismisses bitcoin's latest rally as crypto prices tread water. Jim Cramer Pours Cold Water on Recent Bitcoin ($BTC) Gains.(2) Bitcoin (BTC) Hater Peter Schiff claims Crypto investors should cash out after 30% rally. Meanwhile, Coinbase Co-Founder Fred Ehrsam explains how Crypto can ‘get to 1 Billion users?’ Why Tax Deferral for Crypto-to-Crypto Like-Kind Exchanges Would Be Good for Us All. Rep. Davidson of Ohio says SEC is ‘asleep at the wheel.’ Arizona lawmakers seek to make crypto a tax-exempt property. Largest Crypto Hedge Fund in the World Pantera Capital Says DeFi Will Drive the Next Crypto Bull Market.

French National Assembly to vote on mandatory crypto firm licensing.(3) British authorities split on banning sale of crypto investment products. Crypto tax proposed by lawmakers to fund EU budget.(2) MiCA at the Door: how European Crypto firms are getting ready for sweeping Legislation. Coinbase CEO Brian Armstrong Thinks Brazil and Argentina Should ‘Consider Moving to Bitcoin.’ After the failure of their Stablecoin experiment, Iran and Russia will inevitably adopt Bitcoin. India Has Clamped Down on Crypto. What Will It Do With Its G-20 Power?

Bitcoin price prediction for Valentine’s Day 2023: $23,868; will BTC bring some love? Chinese New Year Bitcoin trade is guaranteed profit according to Researchers. Bitcoin's weekly options trading volume rises to highest since FTX's meltdown. Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit. Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks. Bitcoin rally pushes $BTC to surpass all global banks in market cap. Bitcoin on-Chain Analysis: NUPL Returns to Hope Area. Bullish For Bitcoin, Why The Trading Volume Kept Soaring Over The Last 7 Days.

Bitcoin surges to 23,000 as miners sales sees multi-year low. America’s first nuclear-powered Bitcoin mining center to open in Pennsylvania in Q1 of this year.(3) CEO of Canadian Utility Sophie Brochu who proposed banning new power to Crypto Miners exits.

Developer upgrades his old-school Nintendo to pay Bitcoin while playing Super Mario. In addition, you can now earn Bitcoin for listening to podcasts.(2) 7 people who could be Bitcoin creator Satoshi Nakamoto.

Ethereum Shanghai mainnet shadow fork goes live. Ethereum Merge a factor in $ETH’s deflationary turn. Ethereum futures and options data reflect investors’ growing confidence in ETH price. Dormant Ethereum ICO-Era Whale Moves 32,000 $ETH Ahead of Shanghai Upgrade.

Machine learning algorithm sets Cardano price for February 1, 2023: $0.3867. Cardano ($ADA) now supports $BUSD seamlessly with this bridge solution. Polygon ($MATIC) Price Faces Critical Hurdle on Road to $1.15.  Solana ($SOL) price rally could fizzle out due to weak fundamentals. How Strengthening Litecoin narratives could push $LTC prices to $100; it's addresses outpace Ethereum's.

Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao? Binance reportedly facilitated transactions worth $346M for the Russian exchange Bitzlato.(2) Kraken hires Blockchain.com's former chief compliance officer. Coinbase trading volume increases in January while other exchanges see declines: JPMorgan.

Genesis creditors file securities lawsuit against Barry Silbert and DCG. Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May.(3) Genesis seeks $20.9M from ‘Bitcoin Jesus’ over Crypto options trades that weren’t settled.

BlockFi looks to sell bitcoin mining loans totaling $160 million: Bloomberg. Celsius proposes restructuring to offer one-time ‘meaningful recovery’ payout for most creditors; significant return - possibly paid with new Celsius Token.(3) Celsius to store 20,000 mining machines, remains optimistic about new hosting sites.

North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms. Wormhole hacker moves $155M in biggest shift of stolen funds in months. US Prosecutors Close in on SBF’s Mysterious Investments. Bitzlato May Make Crypto Scoff, but Law Enforcement Thinks Otherwise. A 5-Pronged Approach to Sensible Crypto Regulation After FTX.

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.

WATCH

LISTEN

Podcast of the Day: Bitcoin Security + the Future of AI with Jameson Lopp | What Bitcoin Did

Other Podcast

• Does Crypto Have a Banking Problem? | The Breakdown
• Recession Cancelled? | Macro Monday With James Lavish, Dave Weisberger & Mike McGlone | The Wolf of All Streets
• Jan 23: Bank of America Pushing for CBDCs and it is Scary | gm Podcast
• Cosmic Bitcoin: The Intergalactic Schelling Point w/ Dhruv Bansal | Bitcoin Magazine
• Not Just FTX: One Skeptic’s Take on Why Crypto Is a Scam  | Unchained
• SLP452 Bitcoin Miniscript and what it enables - with Antoine Poinsot & Salvatore Ingala | Stephan Livera
• Susie B DDS on Bitcoin, Science, Memes & Dreams | Bitcoin Matrix
• There’s A Bitcoin Bar In NYC. Why? | Bloomberg Crypto