daily:-why-does-the-cryptocurrency-market-keep-falling?

Good morning, Incrypted !

today in the digest

  • Billionaire Bill Miller transferred half of his fortune to bitcoins
  • Due to the pandemic, the Australian Open will be held in the metaverse. Details and tickets
  • Tesla owner turned his electric car into a source for mining. The experts answered how real it is
  • Animoca Brands’ Lympo NFT platform has been hacked for $ 19, 7 million
  • The US authorities believe that cryptomats increase the crime rate

  • Bitcoin wakes up after black script. 3 positive signals.
  • e-CNY mobile client has become the most downloaded application in China.
  • Associated Press will create its own NFT marketplace on Polygon to monetize photos.
  • Where to buy and sell NFT: top – 18 Verified NFT marketplaces
  • Joe Rogan: “I have high hopes for cryptocurrency.”
  • The former politician became the top manager of the Binance crypto exchange.
  • FED completes cryptocurrency report: promises soon introduce

Why the market P keeps falling? What to expect next?

By tradition, we discussed with the analyst from DeltaTheta Research all the most interesting things that are happening in the crypt:

  • rate, rate, rate .. what does the Fed have?
  • liquidation as a market direction barometer.
  • the paradox of the fear index and the BTC rate.
  • the limits of growth and decline – what are the nearest landmarks?
  • And much more.


    Billionaire Bill Miller transferred half of his fortune to bitcoins

    Миллиардер Билл Миллер половину состояния перевел в биткоины Миллиардер Билл Миллер половину состояния перевел в биткоины
    • The legendary investor admitted that he keeps half of the free capital in the BTC
    • He bought most of the bitcoins at 30 thousand dollars

    The last few weeks have been extremely difficult for new investors. Especially for those who entered the market around October. Since that month, BTC has lost almost 42%, and reached the extreme level of fear.

    Despite everything, billionaire Bill Miller is optimistic about the future of cryptocurrencies. And this is confirmed by the current composition of his investment portfolio: 56% of net assets the businessman invested in the purchase of BTC and MicroStrategy promotions. The other half of the portfolio consists mainly of Amazon stock. But this is not surprising, since Bill Miller was one of the first investors in this company.

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    Due to the pandemic, the Australian Open will be held in the metaverse. Details and tickets

    • 19 in January, the next Australian Open tournament starts
    • It will be held for the first time not only at the real, but also at the virtual stadium

    The legendary Australian Open tennis tournament will be part of the metaverse and the NFT. This year’s championship will be streamed on Decentraland, the leading virtual reality platform. To get into the game, fans need to buy a digital ticket in the form of an NFT.

    The planet is now struggling with a new strain COVID – 20 Omnicron. Therefore, the organizers of the Australian Open decided to reduce the number of real physical seats and give access to the digital version of the tournament. This will allow foreign and local spectators to personally participate in the competition.

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    Из-за пандемии Australian Open проведут в метавселенной. Tesla owner turned his electric car into a source for mining. The experts answered how realistic it is

    • Siraj Raval from San Francisco uses Tesla batteries for mining
    • It costs less than connecting to the mains

    Siraj Raval from San Francisco uses a very unusual Ethereum mining way. He plugged the GPUs into his Tesla’s battery, hacked into the EPC panel, and hooked up special applications. The technique brings the man a monthly income of 800 dollars.

    Raval reveals what he spends on charging Tesla only $ 56 per month is much less than electricity bills if mine cryptocurrency in the usual way.

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    Владелец Tesla превратил свой электрокар в источник для майнинга. Эксперты ответили, насколько это реально Animoca Brands’ Lympo NFT platform was hacked for $ 20, 7 million

    Хакеры вывели из платформ Animoca Brands токены на 18,7 млн.долларов. Миллиардер Билл Миллер половину состояния перевел в биткоины
    • Hackers withdrew from hot wallets 20, 7 million dollars
    • According to the administration, the attack continues

    Animoca Brands suffered damage to 19, 7 million dollars. The culprit was hackers who ransacked its subsidiary platform Lympo (a service for minting sports NFT). The criminals managed to deduce 169, 2 million LMT tokens in the amount of 18, $ 7 million.

    According to the statement, 13 January hackers hacked 13 users’ hot wallets. Then they sent the stolen tokens to one address and exchanged them for ether through the Uniswap and Sushiswap exchanges. The criminals have already managed to withdraw the received ethers to third-party wallets.

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    The US authorities believe that crypto ATMs contribute to an increase in the crime rate

    • The department indicated an increase in the crime rate associated with the popularization of digital assets
    • The authorities believe that cryptocurrencies are used to finance illegal transactions

    On Monday, 01 January, the United States Accounts Chamber (GAO) published a report listing the recommendations for Congress regarding cryptocurrencies. The department paid special attention to how digital assets contribute to criminal activity.

    In particular, they recommend revising the regulation on cryptomats.

    The department believes that they serve to money laundering and financing of illegal transactions. And also for the purchase of drugs, weapons and human trafficking.

    At the same time, they seem to “drop out” of the police’s field of vision, since in the United States there is no simple and understandable regulatory framework for such terminals.

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    … 3 positive signals

    Биткоин приходит в себя после черного сценария. 3 позитивных сигнала.
    • The Fear and Greed Index still shows extreme investor panic
    • Meanwhile, analysts point to positive patterns

    Bitcoin is trading at around 42 thousand dollars. Per 30 for about 0 hours, 56%. But this was preceded by an extremely unfortunate week, during which the king of cryptocurrencies lost about 13%.

    Some commentators have noted that the chart is approaching the death cross formation. Despite the threatening name, this is a positive signal, because after breaking it, the market usually shows a trend reversal

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    e-CNY mobile client has become the most downloaded application in China

    • Last Tuesday, a mobile client appeared in the App Store and Play Market for transactions in digital yuan
    • The very next day the application topped the top in popularity in the App Store

    Earlier we reported that an application for transactions in digital yuan. So far, the software is only available in China, and not in all areas.

    However, this did not stop the app from reaching the top in popularity. In just a week, e-CNY mobile wallet became the most downloaded application in the PRC.

    The program has even bypassed WeChat, the Chinese super popular messenger. According to local providers, the wallet was downloaded by 2 million iOS users and 18 million owners of Android devices.

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    Мобильный клиент e-CNY стал самым загружаемым приложением в Китае. Associated Press will create its NFT marketplace on Polygon for photo monetization

    • For this, a separate marketplace was created based on Polygon
    • Token “drop” is planned every few weeks

    The American edition of the Associated Press announced the creation of its own NFT-marketplace. The site is developed on the basis of the “green” blockchain Polygon from Xooa.

    The purpose of this resource is to monetize the unique photographs of the magazine’s journalists. Many of the photographs in the AP collection have won the prestigious Pulitzer Prize.

    Planned project launch date – 42 January. The newspaper’s website has a waiting list that you can sign up for early access. It is not yet known whether it will be necessary to pay for this.

    Read more


    Associated Press создаст свой NFT-маркетплейс на Polygon для монетизации фотографий. Where to buy and sell NFT: top – 18 Verified NFT marketplaces

    Где продавать и покупать NFT: топ-13 проверенных NFT маркетплейсов.

    Где продавать и покупать NFT: топ-13 проверенных NFT маркетплейсов. Adidas has released NFT clothes, Tarantino has made NFT based on Pulp Fiction, McDonalds has done an NFT drop, TikTok will release its NFT, NFT, NFT, NFT …

    Everyone is talking about NFTs, we decided to figure out where they can be bought or sold.

    Read more



    Joe Rogan: “I have high hopes for cryptocurrency”

    • The infamous presenter Adam Curry also took part in the conversation
    • He admitted that he keeps money in BTC and believes in the global integration of CBDC

    Popular American podcaster Joe Rogan talked about cryptocurrencies in one of the issues. He stated that he considers this area to be promising and made several assumptions about how it will develop in the future.

    Episode number 1920 Rogan’s show titled “The Joe Rogan Experience” was released last Saturday, January 8th … He invited podcast pioneer and host of the controversial No Agenda program Adam Curry to join the conversation on cryptocurrencies.

    “Either this whole system will just fall apart, or we can fix this ship (the world economy – editor’s note), which will make life easier for everyone.”

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    1536 The former politician became the top manager of the Binance crypto exchange in Ukraine

    • The famous politician Kirill Khomyakov
    • Prior to that, the official headed the State Agency for 1.5 years infrastructure

    The Ukrainian division of the Binance crypto exchange has decided on a new general manager. Now these responsibilities will be assumed by the former head of the State Infrastructure Kirill Khomyakov.

    The ex-official will have to solve several tasks in the Binance team. Among them – the establishment of communication with state institutions and further expansion in the Ukrainian market.

    Где продавать и покупать NFT: топ-13 проверенных NFT маркетплейсов.Read more

    The Fed has completed a report on cryptocurrencies: they promise to present soon

    ФРС завершили отчет по криптовалютам: обещают скоро представить
    • They gave an approximate time frame for when it will be released
    • This report became the cornerstone and triggered unrest in the market

    Chairman Fed Jay Powell said the cryptocurrency report is already in its final stages. The Federal Reserve will present it in the coming weeks.

    The news came on Tuesday at the Senate Banking Committee. It was preceded by a question from Senator Mike Krapo about the stage of the work on the report. Powell announced full readiness. But when asked about the timing, he answered evasively:

    “I expect we will present it in the coming weeks … I hate talking about timing. ”

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    Have a good day!