Crypto market

 

BTC - $23005 -0.36%. Bitcoin is trading around $23,000. There was a slight drawdown to $22,660, but bull traders have the initiative.

Alts are mostly red. Trading volume is still low ($53.9 billion). The index of fear and greed (expectations of investors) shows greed for the first time in several months (55).

Growth leaders among altcoins are MATIC, FTM, TON.

Fall leaders are LDO, FXS, NEAR.

BTC dominance is 44.46%.

Altseason index 18.

 

Genesis Trading files for bankruptcy under the same article as FTX

 

The company owes from $1.2 to $11 billion (it is not yet clear exactly) 100,000 creditors.

About a billion is a debt to clients of the Gemini exchange, with which Genesis had a joint product.

The creator of the cryptocurrency Cardano became interested in the Coindesk website.
 

Huobi has admitted for the first time that the company is run by the founder of the TRON cryptocurrency.

 

In October 2022, About Capital, backed by Justin Sun, acquired a majority stake.

The exchange denied that he was interfering with the management of the exchange. But in a new press release, she confirmed the rumors.

Sun is on the board of directors and is the largest token holder.

 

The US banking system saved the Silvergate crypto bank.

 

After the collapse of FTX, users withdrew $8.1 billion of deposits. To process a withdrawal, the bank:

-sold securities for $5.2 billion;

-received a loan of $ 3.6 billion from the state.

Silvergate's loss was $718 million, more than its total profit since 2013.
 

Matrixport analysts revealed a working strategy for making money on bitcoin:

 

Buying BTC at the end of the first day of the Chinese New Year.

Sale after 10 trading days.

Profit +9% for the last eight years (2015-2022).

 

Europol seized $69.5 million and closed the Bitzlato crypto exchange.

 

Five people were arrested, including the founder, Russian Anatoly Legkodymov.

More than 100 accounts on other crypto exchanges worth $50 million have been frozen.

More than $1 billion was laundered through Bitzlato from two projects. Also, the United States accuses Binance of close ties with it.
 

Toncoin will freeze for 4 years 21.3% of initially distributed TON.

 

If you have never used your TON wallet since 2020, make at least 1 transaction, otherwise you will lose access.

On February 21, a vote will be held to temporarily freeze tokens on 194 inactive wallets that hold 1.08 billion tokens worth $2.5 billion.
 

Ethereum is running bad nodes spamming invalid blocks.

 

The Shanghai trial fork failed due to a misconfiguration of the Geth client. This is an application that allows you to deploy a node (node) in the blockchain.

The problem has been fixed. Now several malicious nodes have been created through Geth, checking the blockchain for the stability of the finalization (creating the correct version of the chain).

 

The US and the EU publish innovations in the taxation of crypto.

 

Europe will introduce a single euro tax on income from cryptocurrencies and mining. This proposal has been submitted to the European Parliament.

The U.S. Internal Revenue Service (IRS) recalls that from 2023 taxable items include POS staking, airdrops and crypto gifts.

 

A new patch for the Shiba Eternity game has been released - this is what the developers have changed:

 

Fixed a crash bug during deck editing.

Added proper spell effects and damage mechanism.

Players now have the ability to suggest designs for new cards.

Shiba Eternity is one of the top apps with a rating of 4.3 on Google Play and 4.9 on the Apple Store.

 

Aptos coin (APT) has grown by 400% in 1 month - we analyze why:

 

Aptos blockchain supports smart contracts and is easily scalable (high speed of payment processing).

The developers announced more community events in January, including the AptosWorldTour.

Trading activity on the Topaz NFT market is growing.

On January 20, two liquidity pools were launched on the Binance exchange for earning on staking and trading APT/BTC and APT/USDT.

 

The social networks of the Robinhood crypto trading platform were hacked and promoted a scam.

 

Hackers advertised Rabbit Hole (RBH), a little-known cryptocurrency token created on the blockchain of the Binance exchange.

Considering the popularity of Robinhood, the hackers didn't make much money - only about $8,000.

The head of Binance said that the account of the scammers was blocked. Alas, more and more scams are being released on the Binance Chain network.