Crypto market

 

BTC - $23485 -1.43%. During the night, the crypt rose above $24,000 2 times, after which it rolled back, and is traded in a small sideways trend.

Alts are red, except for a few assets. Unexpectedly, the TerraClassic (USTC) token has grown by 70%. The fear and greed index shows greed (60). Trading volume ($59.9 billion).

The growth leaders among altcoins are USTC, LUNC, ETHW.

Fall leaders are DYDX, APT, LRC.

BTC dominance is 44.11%.

Altseason index 16.
 

The US Congress will accept cryptocurrency as a means of payment

 

A resolution proposing to add crypto payments to vending machines and other machines in the Capitol building has been published on the Congress website.

The sponsor of the resolution is Senator Ted Cruz. He represents the state of Texas, which is rapidly moving towards the legalisation of bitcoin.
 

In a couple of months, a set of laws for crypto regulation will appear in the United States.

 

In the published roadmap, the White House writes that more control and separation of crypto and traditional finance is needed.

Increased pressure from regulators and yesterday's statement by the US Treasury Secretary that a recession is still likely is not good news for the crypto.

 

The Italian fashion designer showed the concept of a new collection with the Shiba Inu logo.

 

Shiba Inu partnered with John Richmond back in early 2022. He showed his first SHIB collection at Milan Fashion Week in September 2022.

The second collection is made in street style. Considering it is worn by celebrities like Snoop Dogg, this is not bad news for the mennonite community.

 

California is introducing blockchain-based driver's licences.

 

The State Department of Motor Vehicles has begun compiling a vehicle database on the Tezos blockchain.

Within 3 months, all cars will be digitised and added to the digital database as NFTs.

Then the app and digital wallet will be released. This will simplify the sale and re-registration of the car.

 

52.1% of bitcoins are mined by 2 pools - Foundry (USA) and Antpool (China).

 

34.1% of BTC hashrate comes from Foundry.

18% of the network is controlled by Antpool. Previously, it was he who was the largest bitcoin pool.

80% of BTC mining is concentrated in 5 pools.

If they enter into a criminal conspiracy, they can rewrite the history of transactions and even destroy bitcoin.

 

In Nigeria, the price of bitcoin has risen to $38,935, and this is the reason.

 

Cryptocurrency at this cost is bought on the popular Nigerian exchange NairaEX.

Interest in BTC has grown sharply due to the introduced limit on withdrawing money from ATMs.

The local regulator wants to force Nigerians to switch to CBDC, and they switch to cue ball.

 

DOGE goes up when the whole market is red - here's the reason.

 

Mr. Tweet, as Elon Musk renamed himself on Twitter, continues to influence memcoin.

The DOGE community was thrilled to hear that Twitter is developing its own payment system and has already applied for licensing.

First, support for fiat (dollar) will be added to Twitter, and later - crypto assets, and, as the community hopes, DOGE will be among them.

 

Meta almost went bankrupt on investments in the Metaverse

 

In the fourth quarter of 2022, the development of this area brought the company $4.2 billion in losses, and $13.7 billion over the year.

Meta CEO Mark Zuckerberg said he was not going to abandon the original plans.

However, spending will be limited in 2023. No more than 20% of all costs will go to the creation of the Metaverse.

The Chinese city of Suzhou rolled out a plan for the development of the crypto sphere for 2023-2025

 

The volume of transactions in E-CNY (digital yuan) will increase 6 times to $300 billion ($50.5 billion in 2022).

They will allocate $30 billion for loans for the development of small and medium-sized businesses.

At least 1,000 new crypto firms will be created. Now there are 371 of them.