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Crypto Charts 54

Bitcoin Bitcoin Long-Term Chart I am showing the long term chart again following the sharp sell off and whilst above $28'824 it remains valid. Last week however we did say: > ‘I would like to bring your attention to the alternative scenario which calls for a larger wave

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Digital Assets Report 56

* Crypto Market Cap declines to $1.6 trillion with Bitcoin shedding 25% of its value over the weekend * Andressen Horowitz seeks to raise a record $4.5 bn for new crypto funds * Bank of Russia suggests full ban on Cryptocurrency activity * Fantom adds 60% TVL within last week and overtakes

Chart Analysis

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'

Education

Guide to On-Chain Analysis

What are On-Chain Metrics ? On-chain metrics are indicators of a cryptocurrency's fundamentals. They are produced by extracting data from Blockchain ledger which provides public information. These are then aggregated to produce several metrics that describe the behaviour of users and investors. Below is a list of key On-Chain

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Digital Assets Report 55

Business What Citadel Securities Gains from VC CashSequoia 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

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Arab Bank Switzerland to offer Crypto asset management services

Arab Bank Switzerland to offer Crypto asset management services - UNLOCK BlockchainArab Bank switzerland 2022 is all about cryptocurrencies and DeFi tokens,to offer crypto asset management services in the near future.Unlock BlockchainLara Abdul Malak [https://www.unlock-bc.com/83831/arab-bank-switzerland-to-offer-crypto-asset-management-services/]

Chart Analysis

Crypto Charts 52

Bitcoin The sell off from the wave C high at $42'791 appears to be in three waves which keeps the bearish trend intact. It looks to me as if we are correcting in a wave iv expanding triangle and should see a new high above wave C. Expect

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Digital Assets Report 54

* Kevin O'leary backed DeFi venture purchases Bitbuy for $162m * Solana DEX, Serum, has raised $70m out of targetted $100m * Bitcoin continues downtrend, briefly dips below $40k * Fed's hawkish comments further push crypto markets down * Ray Dalio believes governments could outlaw Bitcoin Business Kazakhstan internet restoration not

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Arab Bank Switzerland Is Quietly Getting Into DeFi

Arab Bank Switzerland Is Quietly Getting Into DeFiThe Swiss sister entity to Jordan-based Arab Bank is offering clients access to AAVE, COMP, UNI and more. CoinDeskIan Allison [https://www.coindesk.com/business/2022/01/06/arab-bank-switzerland-is-quietly-offering-clients-defi-tokens/]

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Digital Assets Report 53

* Bitcoin first mined block is 13 years old on Monday * Polygon has quietly patched a security bug that risked $24 billion thanks to white hats * Samsung adds NFT features to its new TV * Goldman Sachs : Bitcoin has outperformed all capital markets in 2021 * SEC adds a new senior advisor for

Market Analysis

Market Intelligence 11

Bitcoin Weekly Price Action * Prices traded within a tight range for a third consecutive, with a weekly gain of 0.03% * Prices grinded slowly upwards, breaking 50k levels * Excessive leverage in futures markets caused a flush out from 51k to 49k in 24 hours Bitcoin Weekly ChartTechnical Analysis * Support is

Chart Analysis

Crypto Charts 51

Bitcoin Bitcoin 90 min chartIf wave ((2)) hasn’t ended at $48’838, we can expect support to be found at the low of the previous fourth wave and the 0.618% Fibonacci retracement level of wave ((1)) at $47’825, as highlighted in yellow. Wave (1) would then be

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Digital Assets Report 52

* Incoming Meta CTO targets 'Deep Compatability' With Blockchain & Web 3.0 * Bitcoin climbs back above $50k * Ray Dalio claims that Bitcoin has proven itself as a currency and store of value Business Meta Targeting ‘Deep Compatibility’ With Blockchain, Web 3: Incoming CTO - DecryptA senior executive at

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Market Intelligence 10

Bitcoin Weekly Price Action * Price of Bitcoin opened at $47.3k this week and closed at $48.8k for a weekly gain of approximately 3% * Price ranged within a tight channel of $45.6k and $49k * Second week of sideway price action for Bitcoin Bitcoin Weekly Price ActionSummary * Macro Outlook

Digital Assets Report 51

* Top Universities inlcuding Harvard and Oxford form an Education Decentralized Autonomous Organisation to promote Web 3.0 * Anchorage Digital raises $350 million in round led by KKR * Fantom DeFi protocol suffers $30 million hack * Dubai World Trade Center to create new Crypto hub Business KKR Bet on Crypto Vault Pushes

Chart Analysis

Crypto Charts 50

Bitcoin The low from the crash earlier this month is still in place and although it is possible that we have already completed the wave ii, until we close above $50'796 on an hourly basis, we will allow for another sell off from current levels. Would look to

Market Analysis

Market Intelligence 9

* Low confidence in Bitcoin prices as year end approaches * Perpetual Futures Funding Rates have declined as derivatives traders are more cautious * Average Social Sentiment is at a 30d low * Bitcoin Whales have reduced their positions by $1.86bn in the last week Bitcoin Weekly Price Action Bitcoin Weekly Price ActionTechnical

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Digital Assets Report 50

* Whatsapp testing crypto payments * Coinbase to offer users access to DeFi yields * Bitcoin price is consolidating in a downward channel Business Meta’s Whatsapp trials crypto payments in the USNovi said the aim of the payment system is to help millions of people who cannot access global financial systems. euronewsPascale

Market Analysis

Market Intelligence 8

* Weekend sell-off driven by liquidations in the futures market * Long-term holders continue holding as Short-term holders realized large losses * Whales bought the dip Bitcoin Weekly Price Action * Prices ranged around $57k until the weekend * Prices dropped to $42k or 28% in a few hours due to a leverage flush [https:

Chart Analysis

Crypto Charts 49

Bitcoin Last Friday's sell off stopped us out 44k with Bitcoin crashing down to 42'296. Currently we are trading at 51'200 and a move above 52'000 will be the first confirmation that a low is in place for the next leg higher

Market Analysis

$5.4bn worth of Bitcoin Derivatives Liquidated

* Bitcoin Price significantly dropped from $57k to $42k within an hour * Prices have stabilised between a range of $47k to $49k * Spot selling triggered long squeeze during late US / early Asia hours on the night of Friday to Saturday * On-Chain metrics confirm leverage flush amongst short-term traders Weekend Price Action

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Digital Asset Report 49

* Bitcoin price plunges to $42k as wider crypto market experiences a sell-off * 1Inch protocol raises $175m in funding round * India to regulate Cryptocurrencies * Goldman Sachs believes 'Crypto Options Markets' will enable continued institutional adoption Business DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber GroupThe Series

Market Analysis

Market Intelligence 7

Bitcoin Weekly Price Action * After increasing to $59k levels, prices suddenly dropped by 8% after news broke out of the new Omicron Covid variant * Prices stabilized and found support levels at $53.3k * Price surged by 6% after news was released suggesting the new variant wasn't as severe

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Crypto Charts 48

Bitcoin Bitcoin Short Term ChartLast time we said: ‘Looking at the BTC has either ended or is very close to ending and we would start to accumulate a long position at current level, add at 54'800 and again at 54'300, with stops below 44'000

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Digital Assets Report 48

* Bitcoin and Alt-Coins prices rebound Monday morning * Celsius raises $750M in Series B Funding Round * Plot of land of sells for $2.48M in Axie Infinity Metaverse * Grayscale claims that the Metaverse is a $1 Trillion-Dollar Market Opportunity Business Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever