12/28/2021
- BTC price per piece, $ 49,099.81
- ETH price per item, $ 3,906.39
- BTC, the highest price ever $ 69,044.77
- ETH highest price ever $ 4,851
- Global cryptocurrency market capitalization is $ 2.44 trillion. (equivalent to -3.3% change in the last 24 hours)
- Crypto Fear & Greed Index 41/100 (FEAR)
- 1,282,068.90 ETH is the amount that has been burnt to this day after the ETH combustion.
- Average amount of ETH burned per minute (6.14 ETH / min)
- Estimated hashrate per BTC: 167.715 EH / s
- Estimated hashrate per ETH: 992.59 TH / s
-1. Hackers took control of HP servers, which are based on AMD EPYC processors. Raptoreum is a cryptocurrency that a few months ago was completely anonymous for most cryptocurrency miners, while today it is at the forefront of CPU mining. It didn't take long, hackers using the Log4J exploit managed to take control of the AMD-based HP 9000 EPYC servers, turning the powerful hardware into cryptocurrency miners for RTM. This feat doubled the hashing speed for the processor-based Raptoreum (RTM) cryptocurrency from 200 MH / s to 400 MH / s before most of the machines in service were shut down. Log4J is a Java vulnerability that was recently disclosed as part of the famous Apache suite and deserves the highest possible threat classification (10) according to the "CVSS 3.0" guidelines. This is because the exploit does not require physical access and allows privilege escalation to trick the system into connecting, downloading and running malware from a hacked server. Several software vendors patched the vulnerability, but the HP EPYC 9000 machines were not affected. The Raptoreum developers first noticed an unusual increase in hashrate since December 9. While the number of machines contributing to the Raptoreum continues to grow, an abnormal jump in network hashing speeds from the typical 200 MH / s to literally doubling at 400 MH / s was observed on December 9 - with the increase coming from one wallet.
2. Some Salvadorans say their Chivo wallets are low on funds. According to many Salvadorans who publish their entries on social media, some money from the state-owned "Chivo" wallets of the national BTC wallet of El Salvador is said to be missing. On Twitter on December 16, at least 50 Salvadorans reported losses of more than $ 96,000 in December after the government set up Bitcoin (BTC) wallets in a discussion started by the user "commissioner". Some of these transactions cost as little as $ 61, but others said they were out of thousands or more. "Money and transactions are gone from the wallet," Luis Guardado said in a direct appeal to President Nayib Bukele. "No tech support and only useless phone calls where my money is, no effect." Bukele said in October that 3 million Salvadorans use their Chivo wallets, roughly half of the country's 6.5 million inhabitants. Since the Bitcoin Act was first proposed in El Salvador in June, many people in the country have opposed the measure for a variety of reasons, including volatility in cryptocurrency prices and claims that it was an unreliable investment for pension funds. Protesters marched through the capital city of San Salvador before the law took effect on September 7, after which some people managed to loot and burn down Chivo's kiosks.
3. Jesse Powell (CEO of the Kraken exchange) said the exchange would expand into the NFT-backed non-convertible token and loan market, starting this project in 2022. Powell explained that the company plans to enter the NFT market in early 2022 and hopes to add a feature that will determine the liquidation value of the NFT and whether it can be issued as collateral for a loan. According to Jesse, the NFT market will go through 3 stages of adaptation: "Phase one is speculation, phase two is art buying and supporting artists, phase three is the functional use of NFT." Additionally, the Kraken exchange recently acquired "Staked", an infrastructure platform that allows for trustless staking of cryptocurrencies in order to attract new investors. Kraken customers will now be able to earn rewards and benefits from cryptocurrencies while maintaining control over their digital assets. Kraken's announcement shows how NFT backed loans are becoming more and more common as more and more DeFi platforms such as Arcade and Nexo offer this new lending model. As recently reported by Cointelegraph, Arcade closed a $ 15 million funding round in December as part of a wider effort to expand its portfolio and attract more investors to its secured NFT platform.
4. Banxa is a payment infrastructure platform that aims to help digital asset companies improve their retention through compliance, regulation, and cryptocurrency user experience. Thanks to state-of-the-art digital asset payment solutions, Banxa has helped several well-known cryptocurrency exchanges to implement infrastructure for building world-renowned trading platforms. This list includes the cryptocurrency exchanges Binance, OKEx, KuCoin, and ByBit - all of which use Banx to ensure their global customer base can purchase cryptocurrencies using both credit / debit cards and local payment methods such as wire transfers banking. Based on recent Banx research, it is estimated that as many as 62% of customers who have experienced an unsuccessful transaction do not try to use the service again. This means the loss of nearly two-thirds of potential customers due to unsuccessful transactions. In addition to failed trades, fraudulent trades can also affect the rate at which cryptocurrency exchanges can achieve the desired level of customer conversion. By analyzing these errors, Banxa aims to refine the process of replacing onboarding payment providers. "We believe the future of digital asset space will be driven by deeper integration with traditional financial payments and services, and building the infrastructure to achieve this is our primary goal," explained Holger A***ns, CEO of Banxa. “We've decided that regulated, compliant companies will eventually take over the market as it becomes more regulated. By making our business public, completing the process and actively pursuing registration and licensing, we plan to lead the market in terms of transparency, available payment methods, and regulation and compliance with the global market, ”said A***n.
5. Mexico's third richest person sent an uplifting New Year's message to Bitcoin enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended abandoning fiat money and buying Bitcoin in a two-minute Christmas movie. He gives three pieces of advice to his 957,200 Twitter followers as part of his Christmas and New Years message before asking his followers to retweet and share: - “Avoid fiat money. Be it dollar, euro or yen - everything is the same. It's fake money from paper lies. Central banks are producing more than ever. ' Suddenly there is a pause in the video and then he points to the camera and says, "Invest in Bitcoin!"
6. Virtual concerts have already started to appear, in particular A***na Grande's performance in October 2021 in the famous Fortnite game. About 78 million Fortnite users attended the Grande show, and some commentators speculated that she would earn over $ 20 million through the virtual concert. According to Fitzpatrick, organizing concerts in the Metaverse has many advantages for artists. While streaming services like Spotify are cutting their music revenue, Animal Concerts allows performers to earn 50% of revenue from both ticket sales and NFT. Because celebrities benefit directly, having a strong incentive to encourage their fans to the world of Metaverse, where many of them will encounter the world of blockchain for the first time.
7. "PwC Hong Kong", an international subsidiary of the global organization "PricewaterhouseCoopers" (PwC), announced on Thursday its arrival in the metaverse world with the acquisition of a plot of land in the popular game world The Sandbox. While the cost of LAND's assets has not been disclosed, it has been noted that PwC Hong Kong intends to build a Web 3.0 consultancy center to facilitate a new generation of professional services including accounting and taxation. Global organization PwC, headquartered in London, UK, documented revenue of $ 45 billion from June 2020 to June 2021, an increase of 2% compared to the previous year. William Gee, a partner at PwC Hong Kong, stated that the organization will seek to "use our knowledge to advise clients" in the world of metavers, calling emerging technology a "digital phenomenon". The Sandbox Chief Operating Officer Sebastien Borget shared his enthusiasm for bringing PwC Hong Kong to the platform: “Metaverse is open to business. We welcome PwC to Hong Kong to see how Sandbox supports new immersive experiences and ways to connect brands with customers. ” Thus, you can see how more and more huge businesses are entering the world of not only blockchain and cryptocurrencies, but most of all they do not want to be left behind in the world of metavers.
8. The world's largest cryptocurrency exchange, Binance, has been licensed by the Central Bank of Bahrain to act as a cryptographic service provider in the Kingdom of Bahrain. As announced, the approval in principle is the first for a Binance entity in the Middle East and North Africa region. In a statement, Binance CEO Changpend Zhao said approval from national regulators is "essential to building trust in cryptocurrencies and blockchain and to further improve mass adoption." When it comes to licensing, it is "a matter of formalities," says Abdulkarim Haji, director of licensing at the country's central bank. He highlighted Bahrain as the ideal location for Binance to establish its headquarters in the region. In a surprise move, Binance also obtained a cryptocurrency financing license in Canada, registered as Binance Canada Capital Market. The new subsidiary of the exchange will handle digital assets, money transfers, currency exchange and will operate as a money services company (MSB). Binance's decision reflects the company's increased focus on the Middle East region. The company recently became the first cryptocurrency exchange to join a new crypto center created by the Dubai World Trade Center Authority.
9. Due to the increase in energy consumption in Iran during the winter, the local energy authorities decided to suspend the operation of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of the Iran Grid Management Company (Tavanir), announced that Iran is closing cryptocurrency mining centers again to reduce the use of liquid fuels in power plants in the face of falling temperatures. Mashhadi said Iranian authorities took action to reduce energy consumption last month, The Islamic Republic of Iran Broadcasting reported on Saturday. - "The Ministry of Energy has been implementing measures since last month to reduce the consumption of liquid fuels in power plants, including cutting off the power supply to licensed cryptocurrency mines, turning off lighthouses in less risky areas and strict supervision of consumption." The government emphasized the importance of saving energy in the country, calling on citizens to reduce electricity and gas consumption as much as possible. According to local reports, 70% of the fuel consumed in Iran is used to heat buildings. The new energy saving measures are expected to reduce energy consumption by at least 40%. By enforcing restrictions on authorized cryptocurrency mine owners, the Iranian government is also working to combat illegal cryptocurrency mines. In late November, local energy authorities announced that they had confiscated a total of 222,000 mining devices used to illegally mine cryptocurrencies since enacting industry regulations. Iran is one of the largest cryptocurrency mining countries in the world, accounting for around 4.5–7% of the global BTC hashrates. The country had previously introduced a temporary blanket ban on cryptocurrency mining in the summer, citing historically peak energy spikes due to low temperatures. The ban was then lifted in September as Iran's electricity grid became more stable.
10. Seven NFL players in 2021 decided to start receiving their salary in crypto or partially converting their cash salary into cryptocurrencies. Aaron Rodgers - The reigning 2020 NFL MVP announced in a November 1 video post on Twitter that it is partnering with its Cash App payment service to take part of its Bitcoin salary. In the case of Rodgers, part of his salary will be sent to his Cash App account, which he will then use to buy BTC. Other players who want to accept some of their salaries in cryptocurrencies are: Tom Brady, Odell Beckham Jr, Trevor Lawrence, Saquon Barkley, Sean Culkin and Aaron Jones.
- BTC Futures Exchanges (Leverages) Come Out! - which in the past was not able to direct the trend, but it certainly gave a lot of fluctuations and uncertainty in the market.
- BTC spot exchanges are starting to come back, if there is too much BTC in the spot markets, and the law of supply and demand is as valid as in any other market, as well as in the crypto market, then we can expect further corrections. If BTC returns to the spot exchanges, we have to be careful because it is quite a negative price sign from the economic point of view.
- The BTC that are sold today are starting to hit wallets that have very little sales history, or those that have never sold a single BTC. (This is very positive news, because usually a bear market may enter a period of time when those portfolios that have very little sales history become active.
- Bitcoin Rainbow Price Chart: HODL! (don't sell, hold!)
- According to Phil Konieczny, who in one of his last episodes referred to cycles on Bitcoin, notes that each cycle is longer, and the current cycle in which we are, if it lengthens, but less than the previous cycles, we will still be able to notice a hill in March, April 2022.
- Unfortunately, you have to be prudent and have more than one strategy up your sleeve. You cannot go all out hoping that BTC will grow to 100K, because the market will, unfortunately, sooner or later teach us humility. Do your own analyzes, educate yourself, we have YouTube today, which is a huge dose of knowledge by itself. Do not ignore the YouTube videos of Konieczny, Ostapowicz, etc. You must be in the education process all the time, only then will you be able to understand that thanks to this education, you will earn even a lot in the future.
https://www.tomshardware.com/
Phil Konieczny - YT Channel
Piotr Ostapowicz - YT Channel
cointelegraph.com
bitcoin.pl
bithub.pl
glassnode.com