Crypto News Weekly Digest 13.01.2023

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2023-01-13

 

Crypto market today

BTC — $18851 +3.86%. As expected, Bitcoin rose to $19,000 on good news yesterday, then consolidated a bit and is trading sideways with minimal volatility. Altos are green.

Growth leaders among altcoins are APT, FXS, MANA.

Fall leaders are NEXO, XMR, TON.

BTC dominance is 42.07%.

Altseason index - 27.

 

The creators of the Gala gaming ecosystem hype on partnership with the Rock.

A January 9 tweet announced a Gala Film collaboration with actors Dwayne Johnson and Mark Wahlberg.

The price of the GALA token instantly rose by 108%, but then the tweet was deleted without explanation.

Rumor has it that the post was intended only for a closed discord, but this is hard to believe. The price of GALA is falling.

 

The first bitcoin transaction is 14 years old

The first block of bitcoin was mined on January 3, 2009. At first, Satoshi Nakamoto, the creator of Bitcoin, was mining alone.

On January 12, 2009, Hal Finney, an American programmer, joined him.

Satoshi sent him 10 BTC. At present value, it is $180,000.

 

Many countries will plunge into recession in 2023 - World Bank.

World GDP will grow by 1.7%. This is the minimum since 2020. The US and the Eurozone are expected to fall by 0.5% due to:

▪️Economic recession.

▪️Rising interest rates.

▪️The ongoing war in Ukraine.

Any negative event (new pandemic, political or military conflict) will lead to a decrease in production, sales, wages, an increase in unemployment.

 

Morgan Stanley bought $3.6 million worth of bitcoins.

An American holding bought bitcoins for its European fund through the Grayscale Bitcoin Trust.

This is a safer way to invest, especially for venture capital investors.

The bank is known for its investments in high quality and reliable products.

 

In China, $4.1 million in crypto was stolen using Face ID.

The attacker attended a meeting of crypto investors. Marked the victim, followed her to the parking lot:

▪️picked up and unlocked the phone with a wallet;

▪️ withdrew all the crypto to your account.

If he is caught, he will be given a maximum of 4 years in prison.

 

Shanghai hard fork unlocks staking ETH.

Since 2020, 15.9 million ETH has been blocked. This is $20.1 billion or 13.2% of all crypto in circulation. What do you think is more likely:

Mass outflow of the crypt, increased pressure from sellers and a drop in the price of ETH.

Bullish Driver for Ethereum, Return to Pre-FTX Crash Prices?

Who knows, we might even see it hit 1.6K!

 

All G7 countries are developing CBDCs.

The UK, Germany, Italy, Canada, France, Japan and the US are developing their digital assets as of early 2023. Total in the world:

 

▪️12 CBDC launched;

▪️17 are being tested by banks;

▪️72 are in the research and development phase.

 

LG TVs will support the Metaverse.

Through a partnership with Web3 gaming and music platform Oorbit, LG's next generation of TVs will:

▪️attend virtual concerts;

▪️play multiplayer games;

▪️chat with friends and shop;

▪️create and customize your avatar.