"And now we welcome the new year. Full of things that have never been."
–Rainer Maria Rilke
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It's Saturday Folks! As I close our 2022 I'd like to thank each of you for being on this 365 day journey with me as I've read the news, watch the videos, and listened to the podcast. 2022 was filled with disaster after disaster in the Crypto industry and as we look toward 2023, my hope and belief is that it will get and be better. Let's recap the week, shall we?
Monday the price of Bitcoin closed at $16,919.80 and the sentiment fairly flat. Many were questioning if Bitcoin could get above $17K and if not, more pain to come. The most covered news of the day was Polygon gaining NFT projects DeGods and y00ts that left Solana.(8)
Podcast of the Day: Michael Goldstein: Node World Order | Bitcoin Matrix
Tuesday the price of Bitcoin closed at $16,717.17 and the sentiment turned slightly negative as the price slumped more; the first time in history that Bitcoin has 4 red quarters. The most covered news of the day was DOJ looking into the FTX hack(4), VC emails might actually be North Korean hackers(4), and Hal Finney's Wife putting on a marathon charity event.(4)
Podcast of the Day: Forget Web 3. A Vision Of A Web 5 Social Network | Justin Rezvani, Zion | The Wolf of All Streets
By Wednesday (Humpday) the price of Bitcoin closed at $16,552.57 and the sentiment remained bearish as the bears were well position for Friday's option expiry. The most covered news of the day was MicroStrategy buying another 2,500 $BTC and performing tax loss harvesting by selling $11MM worth of $BTC.(8)
Podcast of the Day: An Internet with Attesters and No Identities with Ingo Rübe, Founder of KILT | The Charlie Shrem Show
Right over the hump on Thursday the price of Bitcoin closed at $16,642.34 and the sentiment was flat; some analyst were making higher prediction but in the out years. The most covered news of the day was about 3Commas API key leak.(8)
Podcast of the Day: #191: Oliver Gale, CEO of Panther Protocol, on Fundraising and Privacy in Crypto | Cryptonews
As the week came to a close on Friday the price of Bitcoin closed at $16,602.59 and the sentiment was negative as price stablized. The most covered news of the day was all about Solana and it's poor performance but Vitalik Buterin is not count it dead.(9)
Podcast of the Day: Muneeb Ali on the Future of Bitcoin Building | The Breakdown
Bottom line: Bitcoin lost $317.21 for the week. However, nothing has fundamentally changed about Bitcoin's code or the overall infrastructure so as Mark Yusko says, "price is a liar, it's noise." In fact, tick tock, next block as Bitcoin has maintained 100% uptime for the past 365 days. As 2023 approaches, it is my hope and goal to continue to provide you with information to help you see developing trends and be in the know. My primary focus will continue to be Bitcoin and secondarily other big news that happens. I hope you enjoy the new format and if not let me know. Thanks again for reading, watching, and listening with me.
