A weekly newsletter on actionable digital asset market insights and practical observations with a smidgen of greentea 🍵 insights
🎥🔥 My Youtube Content 🎥🔥
💸 Companies and Deals I am Watching Closely 💸
📖 Book of the Month 📖
I will be adding recommended reading to my website but readers here can get what I consider to be key books to read first over the holidays and as we enter Q1 2022. I have a new book coming next week and will move this one onto a running page on my website.
Listen to this book for free with Audible Manias Panics Crash Book
💸 Companies and Deals I am Watching Closely 💸
1. Galaxy Digital's Acquisition of BitGo will be complete in Jan./Feb.2022 & they will list in the US in Q1 (most likely) - Link
💭✍🏼 Food For Thought 💭 ✍🏼
My latest article, What Does Singapore Tell Us About the Future of Central Bank Digital Currencies? - Link
📈 Top 10 Market Movements by Market Cap over the last 7 days 📉:
Regardless of where you live in the Federal Reserve's changes in policy are dates everyone should be generally aware of including for Crypto Markets. Make sure to bookmark to save these dates. When we get changes in Fed policy these are the dates the worlds investors pay attention to.
FOMC Meetings 2022 - Link
U.S. Bureau of Labor Statistics Data Release Dates (Keep an eye on CPI and PPI data because of the global inflation narrative)
Bitcoin Balance on Exchanges- Huobi (largest Exchange in China)
Bitcoin: Total Transfer Volume to Exchanges - All Exchanges (7d Exponential Moving Average)
Same on-chain data confirmation that retail is still buying and hodling.
Bitcoin: Futures Perpetual Funding Rate - All Exchanges
This updated chart shows December 2021 to today and represents the premium paid between the perpetual future contract price and the spot price for Bitcoin. Where the rate is highly positive this means traders (that are buying the futures contracts) and paying a premium to be long Bitcoin and are very bullish. Conversely, where the rate is negative it shows that traders are very bearish on Bitcoin and the market will actually pay a trader for being long Bitcoin. Here the level has risen from the prior lows and shows (in my opinion) that traders are more bullish on Bitcoin in the short term (next few weeks) and this also means leverage is ticking up at the moment with Bitcoin currently in the $47k range to start 2022.
Total Value Locked (USD) in DeFI
Ethereum Burned since the London Hard Fork (EIP 1559)
Updated the year end, the burning of Ethereum is supporting the price. "Burning" means the literal destruction of Ethereum supply which has the effect of decreasing the supply which supports the price in addition to general network demand. Let's see how the Burn continues to play out with the upcoming Ethereum Merge which I expect to be announced in late Q1 or Q2 this year.
The chart above is updated the year end, the burning of Ethereum is supporting the price. "Burning" means the literal destruction of Ethereum supply which has the effect of decreasing the supply which supports the price in addition to general network demand. Let's see how the Burn continues to play out with the upcoming Ethereum Merge which I expect to be announced in late Q1 or Q2 this year.
Welcome to 2022!
P.S. If you are reading this--thank you and for sticking to the end I have a few gems for you. First, I am going to launch a DeFI portfolio only for Newsletter subs (this will not go on the website). Coming soon! I am pondering setting up a private Discord with specials gems. Stay Tuned for more 🔥 in 2022! 🙏🏻
Products I Personally Use and Support
Green Tea Tidbits:
Gyokuro is a type of Japanese green tea that is grown only in the shade. This growing technique increases the caffeine and theanine, an antioxidant that drinkers believe to fight heart disease and cancer.
This Newsletter does not provide, and no portion of this content purports to be, individualized or specific investment advice and I do not provide investment advice. All information provided herein is general in nature and is made without regard to individual levels of sophistication or investment experience, investment preferences, objectives or risk parameters and without regard to the suitability of the content for individuals or entities who may access it.
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The content herein is based upon information from sources believed to be reliable and I am not responsible for errors, inaccuracies or omissions of information; nor is it responsible for the accuracy or authenticity of the information upon which I rely. For informational purposes only. Do your own research.
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