Business

What Citadel Securities Gains from VC Cash
Sequoia Capital and Paradigm’s $1.15 billion investment in Citadel Securities isn’t a garden-variety deal. It actually says a lot about the growing intersection of crypto and traditional finance.On the surface, it’s hard to see why a 20-year-old market maker that’s already a huge name needs VC ...
FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption – Finance Bitcoin News
The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures.
Crypto.com Security Report & Next Steps
Crypto.com gets hacked
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
The Brazilian city also plans to give discounts on tax payments made with bitcoin.
North Korean Hackers Stole Nearly $400M in Bitcoin, Ethereum in 2021: Report - Decrypt
Chainalysis data has found that North Korea-affiliated hackers earned about $400 million from hacks in 2021.
El Salvador’s bitcoin buying spree boosts its risk of default, rating agency Moody’s warns
The country’s bitcoin holdings may have lost $10 million in value during the recent cryptocurrency rout, Bloomberg has estimated.
Binance partners with Thai billionaire for crypto exchange in the country
Binance has partnered with Gulf Innova — a subsidiary of Thai billionaire Sarath Ratanavadi’s Gulf Energy — to set up a crypto exchange.
Bitcoin takes a hit as a popular payments token among consumers
Crypto-payments processor BitPay Inc. is in the news today after it told Bloomberg that payments using digital tokens have become a popular method of purchase. Interestingly, however, Bitcoin has noted a falling dominance, compared to altcoins, when it comes to payments. Looking at last year’s data,…
2021: A year of mass adoption for cryptocurrencies in Brazil
For the next year, we can expect even more major Brazilian and Latin American firms to enter the cryptocurrency market.

Markets

Crypto Charts 53
Bitcoin Long Term Chart I am showing the long term logarithmic chart of Bitcoin going back to the start of this leg higher. We are looking for a low to occur soon to complete the wave 2 correction which should find support around the previous wave iv at $39′620. We
Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten
The imminent start of central bank tightening is putting pressure on the crypto market.
30% Rally for Bitcoin Is Likely Just Around the Corner, According to Crypto Analyst Justin Bennett - The Daily Hodl
Widely followed crypto analyst Justin Bennett says that a sizeable rally for Bitcoin (BTC) is a very likely scenario in the coming days.
Bitcoin Holding Support Above $42K; Resistance at $45K-$47K
Support remains intact, which could keep buyers active over the short term.
Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows
Bitcoin miners likely have no incentive to sell BTC at prices above $34,000, data reveals.

Regulations

Singapore curbs crypto marketing in digital asset crackdown
Singapore advised that service providers should only market their wares on their own websites, apps or social media.
Former Thai SEC chief lays out three critical issues with crypto taxations
The Thai government is currently mulling a 15% tax on crypto trading, and many former and current financial executives have come out to share their concerns.
As Binance shrinks in Asia, will it move to the Middle East?
Binance’s CEO is now the richest man in Asia, but the crypto exchange giant’s presence in Asia—where Binance got its start—is withering under regulatory heat.
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town – Mining Bitcoin News
A record high consumption of electricity blamed on illegal crypto farms in Georgia has caught the attention of authorities in Tbilisi.

Opinions

Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
Investor Bill Miller no longer considers himself being just a “Bitcoin observer” but rather a real Bitcoin bull.
Solana Could Become the Visa of Digital-Asset World: Bank of America
Solana and other blockchains may snag market share from Ethereum over time, the bank said in a research note.

Altcoins Watch

Readings / Podcasts