Cryptocurrency & Financial

Markets News, Stats

& Data

for 7th Jan 2022



Today I talk about the following:

1. Market Stats, Trading models, Technical analysis, Sector performances & liquidity

2. Fiat markets, Economics, Central Banks, Regulators and Government news

3. Social media, & Greed and Fear index

4. Derivative Positions & Leverage & Risk Metrics

5. The House Subcommittee on Oversight and Investigations may be planning a hearing on Bitcoin’s carbon footprint. The subcommittee is reportedly working on a list of witnesses who may testify in an oversight hearing by the end of the month.. In the last year, large mining companies have expanded operations U.S. states like New York, Texas, Alabama, and Wyoming.https://cryptobriefing.com/u-s-congress-reportedly-set-for-hearing-on-bitcoins-carbon-footprint/?utm_source=main_feed&utm_medium=rss

6· Through a public disclosure on Jan 3, Dapper Labs became the first NFT company to federally register to lobby with the U.S. government. The company joins a growing list of influencers within the crypto industry that have taken to the floors of Congress in an effort to influence new policies.https://cointelegraph.com/news/dapper-labs-becomes-the-first-nft-company-to-register-to-lobby-with-the-us-government

7· Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space.https://www.livebitcoinnews.com/abu-dhabi-wants-to-be-the-worlds-biggest-btc-haven/

8· Community banks will soon enable Bitcoin services to customers, thanks to NYDIG and CSIhttps://coingape.com/community-banks-will-soon-enable-bitcoin-services-to-customers-thanks-to-nydig-and-csi/

9· The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset securities” in an Initial Coin Offering his company conducted in 2018.https://cointelegraph.com/news/sec-files-complaint-against-operator-of-unregistered-33m-crowd-machine-ico

10· New York City mayor Eric Adams has confirmed he will be taking his first three paychecks in the flagship cryptocurrency Bitcoin ($BTC). Adams assumed office as Mayor of New York City at the beginning of this year.https://www.cryptoglobe.com/latest/2022/01/new-york-city-mayor-confirms-hell-take-first-3-paychecks-in-bitcoin-btc/

11· Pakistan has purchased cryptocurrency worth $50 million in just six months, news agency ANI reported citing local media. However, it has also reportedly attracted the attention of Islamabad’s premier investigation agency after 2,923 transactions worth billions of Pakistani rupees were carried out over the months.https://ambcrypto.com/report-pakistan-bought-50-million-worth-of-crypto-opening-an-encashing-opportunity/

12· Coinsuper, a Hong Kong crypto exchange backed by Pantera Capital, has come under fire after customers reported not being able to withdraw their assets since November.https://cryptobriefing.com/pantera-backed-crypto-exchange-reportedly-freezing-user-funds/?utm_source=main_feed&utm_medium=rss

13· GameStop plans to set up multiple funds each of up to $100 million that would be invested in Artists, content creators, and game studios. The fact that play-to-earn (P2E) games are currently the biggest craze in the NFT ecosystem, GME can potentially take on the P2E market with its vast gaming experience.https://coingape.com/breaking-gamestop-gme-to-invest-100-million-towards-nft-ecosystem/

14· The Incentive Ecosystem Foundation, a community-led foundation of Project Serum, has raised $75 million in a new funding round. Serum is a Solana-based decentralized exchange and liquidity infrastructure platform. Tiger Global, Commonwealth Asset Management, Tagus Capital, executives at Golden Tree Asset Management, and several other investors participated in the round.https://www.theblockcrypto.com/post/129536/serum-crypto-100-million-token-sale-tiger-global-others?utm_source=cryptocompare&utm_medium=rss

15· Ruby Play Network is pleased to announce that CEX-offshoot Gate Labs has today officially backed the project, with an investment to be made directly by the exchange into the $RUBY token and blockchain gaming platform.https://coinpedia.org/news/gate-labs-invests-in-ruby-play-network/

16· Europe’s leading esports organization partners with Tezos. Team Vitality will collaborate with the Tezos ecosystem on educating fans on the benefits of blockchain as part of the gaming experience and promote the advancements of the technology. Esports and gaming fans are one of the most tech-savvy and engaged communities and Tezos is looking to tap into that with the partnership.https://cryptoslate.com/europes-leading-esports-organization-partners-with-tezos/

17· In recent months, reports have circled around Manchester City's partnership with the little-known cryptocurrency company 3Key Technologies. In November, The Times reported that Manchester City had suspended their partnership with the firm over questions relating to the identities of senior executives at the firm itself. 3Key Technologies, The Times reported, is allegedly registered in Seychelles, although no proof of its existence is available on Seychelles' companies database.https://decrypt.co/89932/manchester-city-fc-ends-partnership-crypto-firm-3key-technologies-report

18· Polygon's (MATIC-USD) non-fungible token sales jump 60% to a new all-time high of ~2M in December, according to Dune Analytics.https://seekingalpha.com/news/3785912-polygon-network-activity-surges-amid-record-high-nft-sales?utm_source=cryptocompare.com&utm_medium=referral

19. Japanese Video Game Giant Konami Reveals Castlevania 35th Anniversary NFTs https://news.bitcoin.com/japanese-video-game-giant-konami-reveals-castlevania-35th-anniversary-nfts/

20· Solana Suffers Network Blackout For Second Time In A Week As Co-Founder Denies Reports Of A DDoS Attackhttps://zycrypto.com/solana-suffers-network-issue-for-second-time-in-a-week-as-co-founder-denies-reports-of-a-ddos-attack/

21. Number of $BABYDOGE Token Holders Surpasses That of Shiba Inu ($SHIB)https://www.cryptoglobe.com/latest/2022/01/number-of-babydoge-token-holders-surpasses-that-of-shiba-inu-shib/

and much more