Cryptocurrency & Financial markets_- more sell off to come 4th DEC 2021

MAJOR RISKS HERE
THE RISK IS YOU BUY TOO EARLY

Cryptocurrency & Financial
Market News & Stats
1st Dec 2021

Today, I am talk about the following:

1. USA has recorded its first case of the Omicron virus - Equity markets have sold off
2. On Tuesday, Powell said it was time to retire the word "transitory" while describing inflation
3. Risk metrics still indicating a sell off in Cryptocurrency markets - we sit at this stage
4. https://www.wsj.com/articles/turkish-lira-plumbs-record-low-on-erdogans-continued-calls-for-rate-cuts-11638347691?mod=rss_markets_main
ISTANBUL—Turkey’s central bank moved Wednesday to prop up the country’s collapsing currency, selling foreign reserves after the lira reached new lows following comments by President Recep Tayyip Erdogan in defence of his unorthodox economic policies.

5. https://financefeeds.com/will-ripples-xrp-be-joined-by-cardano-and-tron-against-the-sec/

The US operation of eToro has decided to delist Cardano (ADA) and TRON (TRX), thus disabling access to new positions and staking rewards, while allowing US residents to close existing positions as they see fit.

6. https://www.bnnbloomberg.ca/crypto-com-buys-two-exchanges-from-ig-group-for-216-million-1.1689443

7. Crypto.com The exchange announced a new partnership with financial infrastructure solutions provider Silvergate Tuesday, enabling institutions to deposit and withdraw U.S. dollars funds from their bank accounts. Crypto.com’s clients will now have access to the Silvergate Exchange Network, a near-real-time payments platform that lets users transfer U.S. dollars at any time free of charge. The new feature will be available to institutional clients in all of the exchange’s available markets.

8. Brazil’s 2TM Group, the parent company of exchange Mercado Bitcoin, has raised $50.3 million in a second closing for its Series B funding round as it eyes Latin America expansion. The unicorn completed the first closing of the round in July, raising $200 million from the SoftBank Latin America Fund. The second closing acts as an extension where more investors can join the round. New investors include U.S.-based equity fund 10T and venture capital fund Tribe Capital, plus Brazil-based firms Traders Club, Pipo Capital and Endeavor.https://www.theblockcrypto.com/linked/125767/brazils-2tm-raises-50-3-million-in-second-series-b-closing?utm_source=rss&utm_medium=rss
9. South Korea’s Shinhan Bank (Ripple client) and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network..https://cointelegraph.com/news/charity-platform-expects-significantly-larger-crypto-than-fiat-donations-for-giving-tuesday
10. Huobi Tech is introducing crypto lending for institutional investors in Hong Kong, according to a company press release shared with CoinDesk. The loans will range from $10,000 to $100 million in USDT and other currencies,
Despite its regulatory issues in Singapore, Huobi Global has chosen the country as its regional headquarters. The exchange will have another one set up in Europe.

Cryptocurrency & Fiat Markets
News & Stats
29TH Nov 2021


Today I talk about the following:

1. Covid Variant

2. Fiat markets

3. Risk metrics are extreme at the moment

4. WHEN IN DOUBT, STAY OUT OF RISK MARKETS

5.https://cryptopotato.com/turkish-lira-collapses-under-erdogans-rule-can-bitcoin-be-a-lifeboat-for-locals/

6. USA EQUITY MARKETS TECHNICALLY LOOK Terrible

7. STAGFLATION IS HERE TO STAY

8. https://cryptoslate.com/whales-bought-40000-bitcoin-during-the-dip-this-week/

9. https://www.theblockcrypto.com/linked/125650/microstrategy-buys-more-bitcoin-btc-over-414-million-cash

10. https://cointelegraph.com/news/tanzania-reportedly-makes-plans-to-launch-cbdc

11. https://cointelegraph.com/news/two-mas-regulated-bitcoin-funds-launch-in-singapore

12. · https://blockworks.co/celsius-suspends-cfo-due-to-external-fraud-sexual-assault-investigation/

13. CORPORATE FUNDING IS RISING FAST

14. · https://decrypt.co/87161/trillion-dollar-investment-firm-invesco-launches-european-spot-bitcoin-etp

15. · https://cryptobriefing.com/indian-government-has-no-plans-to-recognize-bitcoin-as-currency/?utm_source=main_feed&utm_medium=rss

16. Social media, Liquidity, volatilities, derivatives, trading data, fear & greed indexes, fees, huge volumes going through the exchanges, supply on exchanges are low, Inflation, Hacks, DeFis, NFTs, funding rates, fiat markets, investments start up funding from equity and debt markets - massive amounts will go to Cryptocurrency projects, economics, Government, Regulations, more cryptocurrency stories and so much more .....

Cryptocurrency & Financial

Market News & Stats

26th Nov 2021



Today I talk about:

1. Covid in South Africa - a new strain

2. Fiat market sell off due to Covid strain

3. I am still bullish specific Cryptocurrency Assets

4. Huge funds coming into the market

6. Cryptocurrencies are cheap - fiat markets are very expensive

7. QIC coming to the market this is huge people - Crypto Daily covered yet another fund, Queensland Investment Corporation, which was reported to be considering some exposure to crypto. However, the company denied the report, saying that it “incorrectly implied” that it would be exposing its clients to crypto. https://cryptodaily.co.uk/2021/10/australia-largest-pension-funds-queensland-investment-corporation-confirms-they-are-looking-into-crypto

8. This is huge too. https://cryptodaily.co.uk/2021/11/66-billion-ozzy-pension-fund-looking-to-invest-in-crypto

The CEO of Rest Super, an Australian pension fund with $66 billion in assets, said at an annual general meeting yesterday that the company was looking to invest in crypto, and soon.The statement will have sent shock waves through both the crypto and the pensions sectors as this is the first Australian superannuation fund to be looking into adding crypto to its portfolio.

In an article on Business Insider Australia, the move is seen as one that could start a wave of institutional investment into crypto down under. Where Rest Super invests, many more will follow. Andrew Lill, the CEO of Rest Super, revealed the news to shareholders on Tuesday at an annual general meeting, and he stated that a small portion of the fund would be invested into crypto. He said:

It’s still a very volatile investment, so any allocation exposure we make to cryptocurrencies is likely to be part of our diversified portfolio as initially a fairly small allocation that may, over time, build,” He added “We see it as a very interesting and important part of our portfolio going forward into the future.”

9. https://www.cryptonewsz.com/university-of-melbourne-and-algorand-foundation-to-build-blockchain-courses/

A new association between the University of Melbourne and the Algorand foundation has been declared. This will pave the way for the facilitation of world-class education on cryptocurrency and blockchain technology courses.

Coming together is a part of the larger plan of the Algorand foundation to make students aware of the enormous potential of blockchain technology and encourage them to make careers in this lucrative field. This is part of the 250M Algo Grant Program that has been announced by the foundation as one of the support functions for the cryptocurrency and blockchain domain.

10.https://coincheckup.com/blog/pantera-capitals-600-million-haul-to-be-used-for-new-crypto-fund/

Pantera Capital, a prominent cryptocurrency investment firm has raised $600 million for its new crypto-asset funds during its latest financing round, according to a tech news outlet The Information.

11. https://www.finextra.com/newsarticle/39285/japanese-banks-to-test-digital-currency/cards

12.

Cryptocurrency & Financial
Markets News & Stats
23rd Nov 2021



Today I talk about the following:

1. Bitcoin‘s 4-hour chart shows a potential bullish double bottom at $55,499 – the 161.8% Fibonacci extension of the pullback from record highs reached on Nov. 10. Needs to hold this level

2. https://u.today/breaking-indian-government-to-ban-almost-all-cryptocurrencies

India‘s government is on track to impose a ban on virtually all privately issued cryptocurrencies, such as Bitcoin and Ether, according to a bill slated for the winter parliament session.

3. https://www.coindesk.com/business/2021/11/22/brazils-central-bank-plans-to-launch-a-cbdc-pilot-in-2022-report/? tm_source=Sailthru&utm_medium=email&utm_campaign=First%20Mover%20Nov%2023%2C%202021&utm_term=First%20Mover

4.https://www.cryptonewsz.com/bitfinex-parent-company-joins-hands-with-el-salvador-government/

El Salvador, the crypto country, is on a roll with back-to-back high-profile announcements. First, the nation recently announced a Bitcoin City only to follow it with a partnership with the El Salvador government.

iFinex, the parent company of Bitfinex, released an official post about joining hands with the Government of El Salvador. The collaboration will see both parties trying to formulate a digital asset and securities framework.

5.https://www.japantimes.co.jp/news/2021/11/23/business/softbank-brazil-bitcoin/

2TM Participacoes SA, owner of the biggest Brazilian cryptocurrency brokerage, is hunting for acquisitions to enter other Latin American markets.

The plan is for the company, which is backed by SoftBank Group Corp., to expand into Mexico, Colombia, Chile and Argentina to become a provider of blockchain infrastructure for financial markets in the region, including services such as custodian and fund management, Chief Executive Officer Roberto Dagnoni said in an interview.

6.Citigroup will hire up to 100 new employees to support its digital asset division for institutional clients

7.Binance is reportedly in talks with sovereign wealth funds about receiving an investment from them as it looks to improve relationships with governments.

https://blockworks.co/binance-looks-to-settle-on-ireland-as-global-headquarters/

Binance has registered a fourth entity in Ireland, according to a corporate filing spotted by The Independent
https://www.cryptoninjas.net/2021/11/18/infstones-archival-api-service-speeds-up-dune-analytics-integration-with-bsc

8. https://financefeeds.com/paysafe-digital-wallets-widen-crypto-offering-40-coins/

9. https://u.today/request-finance-partners-with-nft-heavyweight-the-sandbox-to-handle-sand-payments

Cryptocurrency & Financial

Markets News & Stat

23rd Nov 2021



Today I talk about the following:

1. Bitcoin's 4-hour chart shows a potential bullish double bottom at $55,499 – the 161.8% Fibonacci extension of the pullback from record highs reached on Nov. 10. Needs to hold this level

2. https://u.today/breaking-indian-government-to-ban-almost-all-cryptocurrencies

India's government is on track to impose a ban on virtually all privately issued cryptocurrencies, such as Bitcoin and Ether, according to a bill slated for the winter parliament session.

3. https://www.coindesk.com/business/2021/11/22/brazils-central-bank-plans-to-launch-a-cbdc-pilot-in-2022-report/? tm_source=Sailthru&utm_medium=email&utm_campaign=First%20Mover%20Nov%2023%2C%202021&utm_term=First%20Mover

4.https://www.cryptonewsz.com/bitfinex-parent-company-joins-hands-with-el-salvador-government/

El Salvador, the crypto country, is on a roll with back-to-back high-profile announcements. First, the nation recently announced a Bitcoin City only to follow it with a partnership with the El Salvador government.

iFinex, the parent company of Bitfinex, released an official post about joining hands with the Government of El Salvador. The collaboration will see both parties trying to formulate a digital asset and securities framework.

5.https://www.japantimes.co.jp/news/2021/11/23/business/softbank-brazil-bitcoin/

2TM Participacoes SA, owner of the biggest Brazilian cryptocurrency brokerage, is hunting for acquisitions to enter other Latin American markets.

The plan is for the company, which is backed by SoftBank Group Corp., to expand into Mexico, Colombia, Chile and Argentina to become a provider of blockchain infrastructure for financial markets in the region, including services such as custodian and fund management, Chief Executive Officer Roberto Dagnoni said in an interview.

6.Citigroup will hire up to 100 new employees to support its digital asset division for institutional clients

7.Binance is reportedly in talks with sovereign wealth funds about receiving an investment from them as it looks to improve relationships with governments.

https://blockworks.co/binance-looks-to-settle-on-ireland-as-global-headquarters/

Binance has registered a fourth entity in Ireland, according to a corporate filing spotted by The Independent
https://www.cryptoninjas.net/2021/11/18/infstones-archival-api-service-speeds-up-dune-analytics-integration-with-bsc

8. https://financefeeds.com/paysafe-digital-wallets-widen-crypto-offering-40-coins/

9. https://u.today/request-finance-partners-with-nft-heavyweight-the-sandbox-to-handle-sand-payments

Cryptocurrency & Financial

Markets News & Stats

22nd Nov 2021

Today I talk about the following:

1. Our Portfolios performances

2. ConstitutionDAO had raised over $45 million for the auction, but was unable to compete against Griffin’s final bid due to hidden expenses such as Sotheby’s auction fee of 13.9% and the costs to preserve and transport the historic document. This caused confusion and frustration, as some felt the DAO had not been transparent enough with its contributors and closed fundraising too early. Now that the auction is over, ConstitutionDAO is fracturing. Some members are demanding refunds while others are urging the DAO to pursue a new project with all that capital. Since it began, ConstitutionDAO has maintained that if it lost the auction, all contributors would be refunded. What many donors new to the Ethereum ecosystem didn’t realize, however, was that the network’s high gas fees meant no one would see their full donation amount returned.

3. A California man who in February agreed to plead guilty to felony charges of money laundering and operating a crypto exchange without proper licensure has been sentenced to three years in federal prison, according to a release from the U.S. Department of Justice

4.Quidd, a marketplace for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million in private pre-sales and an initial DEX offering (IDO). The token sale took place on Polkadot project incubator Polkastarter on Nov. 18. The allotment of 2 million QUIDD tokens at a price of US$0.25 per token sold out in under an hour, raising $500,000.https://cointelegraph.com/news/animoca-brands-raises-5m-for-nft-marketplace-quidd

5. The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet back in May. The project, built on Internet of Things-focused blockchain IoTeX, is halfway complete, counting the days for its pilot scheduled for early 2022. https://cointelegraph.com/news/us-navy-to-pilot-blockchain-based-project-to-improve-medical-supply-lines

6. On 19 November, 2021 Senator Cynthia Lummis promised to make sure that the bill’s tax reporting requirements would be “clear.” She acknowledged the need for consumer protection but also warned against “stifling innovation.”

https://ambcrypto.com/senator-assures-there-will-be-clarity-in-us-infra-bills-tax-reporting-requirements/

7.Bitcoin continues to drift below $60,000 amid positive action in U.S. stock futures. El Salvador's announcement of plans to issue bitcoin-backed bonds to fund the construction of the world's first Bitcoin City along the Gulf of Fonseca near a volcano failed to inspire buying over the weekend https://cointelegraph.com/news/el-salvador-to-inaugurate-bitcoin-city-backed-by-1b-bitcoin-bonds

The only country in which bitcoin is legal tender, El Salvador, is set to build an entire city based on the flagship cryptocurrency, according to President Nayib Bukele. The ‘Bitcoin City’ will be located along the Gulf of Fonseca near a volcano.

8. venezuelans-promised-axie-infinity-scholarships-for-crypto-training-courses

The initiative is a part of the La Guaira Digital program, which aims to fast-track...

Cryptocurrency & Financial
Markets News & Stats
17th Nov 2021



Today, I talk about the following:

1. VeChain upgrades to Proof of Authority 2.0 consensus mechanism The latest consensus mechanism upgrade is expected to improve several aspects of the network’s security and key operations while making it even more environmentally friendly. https://cointelegraph.com/news/vechain-upgrades-to-proof-of-authority-2-0-consensus-mechanism

2. Binance CEO Changpeng ”CZ” Zhao has said that he intends to donate up to 99% of his wealth as many business magnates do.

3.Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.

The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet, a self-custody cryptocurrency wallet built into the Brave desktop browser, enabling users to store and buy cryptocurrencies like Ether (ETH).

4.The IOTA network is moving forwards with the development of its multi-asset ecosystem. The foundation will soon launch a staging network – the Shimmer network – to test its new staking feature for IOTA tokens. Interestingly, other tokens minted on the blockchain will be sent to stakers – not IOTA itself.https://cryptopotato.com/iota-price-surges-20-daily-as-team-announces-staking-testnet/

5. BlockFi’s high-yield crypto interest products have reportedly come under the federal microscope. Citing one anonymous source, Bloomberg reported Wednesday that the U.S. Securities and Exchange Commission (SEC) is “scrutinizing” the New Jersey-based crypto lender. Reportedly at issue are BlockFi’s marquee landing products, which can yield as much as 9.5%. BlockFi has maintained that its product is not a security.

6.Portal partners with Polygon to advance DeFi on Bitcoin “Given that Portal is a DeFi layer on Bitcoin, we are excited to partner with Polygon to enable WBTC/BTC and POS-WBTC to BTC swaps. We believe that having liquid markets and enabling price discovery will appropriately price wrapped Bitcoin based on risk and enables increased usability for Bitcoin.”

7.Perth Heat Integrates Bitcoin Payment -The baseball club has rebranded itself to be called “the Bitcoin baseball team.” As part of the partnership with OpenNode, Perth Heat is setting Bitcoin as the new standard for payments and payouts. Players and staff will get their pay in Bitcoin, although it is not mandatory. Players can still be paid in traditional fiat or partially in Bitcoin. However, the club’s CEO, Steven Nelkovski, said that all current employees of the club were on board with the scheme.. https://www.newsbtc.com/news/bitcoin/top-australian-baseball-club-to-pay-players-in-bitcoin/

8. Ethereum Wallet MetaMask Reports 21 Million Users, Up 420% Since April

9.Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari.

10. Crypto.com has agreed to pay $700 million in cash to AEG to rename Staples Center in the U.S. The centre is home to various professional sports franchises as well as entertainment events, such as the GRAMMY Awards. Crypto.com has struck a 20-year deal with AEG, the owner and operator of the Staples Center in Los Angeles, to rename one of the most famous sports and entertainment venues in the U.S. Staples Center, the official home to four professional...

Cryptocurrency & Financial
Markets News & Stats
17th Nov 2021


Today, I talk about the following:

1. VeChain upgrades to Proof of Authority 2.0 consensus mechanism The latest consensus mechanism upgrade is expected to improve several aspects of the network’s security and key operations while making it even more environmentally friendly. https://cointelegraph.com/news/vechain-upgrades-to-proof-of-authority-2-0-consensus-mechanism

2. Binance CEO Changpeng "CZ" Zhao has said that he intends to donate up to 99% of his wealth as many business magnates do.

3.Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.

The company announced to Cointelegraph on Tuesday that it is prepping the official launch of Brave Wallet, a self-custody cryptocurrency wallet built into the Brave desktop browser, enabling users to store and buy cryptocurrencies like Ether (ETH).

4.The IOTA network is moving forwards with the development of its multi-asset ecosystem. The foundation will soon launch a staging network – the Shimmer network – to test its new staking feature for IOTA tokens. Interestingly, other tokens minted on the blockchain will be sent to stakers – not IOTA itself.https://cryptopotato.com/iota-price-surges-20-daily-as-team-announces-staking-testnet/

5. BlockFi’s high-yield crypto interest products have reportedly come under the federal microscope. Citing one anonymous source, Bloomberg reported Wednesday that the U.S. Securities and Exchange Commission (SEC) is “scrutinizing” the New Jersey-based crypto lender. Reportedly at issue are BlockFi’s marquee landing products, which can yield as much as 9.5%. BlockFi has maintained that its product is not a security.

6.Portal partners with Polygon to advance DeFi on Bitcoin “Given that Portal is a DeFi layer on Bitcoin, we are excited to partner with Polygon to enable WBTC/BTC and POS-WBTC to BTC swaps. We believe that having liquid markets and enabling price discovery will appropriately price wrapped Bitcoin based on risk and enables increased usability for Bitcoin.”

7.Perth Heat Integrates Bitcoin Payment -The baseball club has rebranded itself to be called “the Bitcoin baseball team.” As part of the partnership with OpenNode, Perth Heat is setting Bitcoin as the new standard for payments and payouts. Players and staff will get their pay in Bitcoin, although it is not mandatory. Players can still be paid in traditional fiat or partially in Bitcoin. However, the club’s CEO, Steven Nelkovski, said that all current employees of the club were on board with the scheme.. https://www.newsbtc.com/news/bitcoin/top-australian-baseball-club-to-pay-players-in-bitcoin/

8. Ethereum Wallet MetaMask Reports 21 Million Users, Up 420% Since April

9.Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari.

10. Crypto.com has agreed to pay $700 million in cash to AEG to rename Staples Center in the U.S. The centre is home to various professional sports franchises as well as entertainment events, such as the GRAMMY Awards. Crypto.com has struck a 20-year deal with AEG, the owner and operator of the Staples Center in Los Angeles, to rename one of the most famous sports and entertainment venues in the U.S. Staples Center, the official home to four professional sports...

Cryptocurrency & Financial
Markets News & Stats
15th Nov. 2021



Today, I talk about the following:

1. We have been buying today - for Investment and Trading Portfolios

2. President Joe Biden just signed a $1.2 trillion bipartisan infrastructure bill — and it includes some new legislation crypto investors should know about.

The new law will require brokers — aka cryptocurrency exchanges — to issue a 1099-B. In other words, crypto exchanges will now be required to notify the IRS directly of crypto transactions. “The bill will signify the end of hiding many gains for many crypto investors,” says Grant Maddox, an independent CFP based in South Carolina

3. China Mining Crackdown

Further weighing on cryptocurrencies on Tuesday was additional comments emanating from China on cryptocurrency mining. The National Development and Reform Commission plans to further crack down on industrial-scale Bitcoin mining as well as any involvement by state companies

4. Coinbase Pushes for Single Crypto Regulator: CEO Says 'We Have 53 Regulators in Just One Country, the US' – Regulation Bitcoin News

5. lots of liquidations

6. Active addresses, transactions, volume and more

7. Derivatives

8. Social media, trends , google searches, fiat markets, liquidity & Fear & Greed index

9. Volatility and leverage

10. The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632.

11. Nexo buyback

12.Bitcoin creator Satoshi Nakamoto could FINALLY be unmasked at $64B cryptocurrency trial in Florida. The true identity of Bitcoin creator Satoshi Nakamoto could soon be unveiled as the family of David Kleiman looks to prove he created the cryptocurrency. Kleiman's family has sued Australian programmer Craig Wright for control of their deceased relative's alleged share of Nakamoto's assets. The family reportedly plans to provide evidence proving that Wright and Kleiman worked together since the cryptocurrency's inception in 2008. Meanwhile, Wright's attorneys say they can prove Wright is the sole creator of the cryptocurrency

13. · Group of Crypto Investors on Discord Plans to Buy Copy of US Constitution ConstitutionDAO has. raised more than $3 million in a few days and is racing to place a bid in a high-profile Sotheby’s auction for one of the only original copies of the Constitution. https://www.vice.com/en/article/xgdzbk/group-of-crypto-investors-on-discord-plans-to-buy-copy-of-us-constitution

14. · Alchemy and TRON ecosystems.https://news.bitcoin.com/alchemy-pay-integrates-with-tron-to-enable-trx-payment-and-investment/

15. Still opportunities in Cryptoland and more