Green Tea & Digital Assets Weekly Round Up (January 2, 2022)

Green Tea & Digital Assets Weekly Round Up (January 2, 2022)

A weekly newsletter on actionable digital asset market insights and practical observations with a smidgen of greentea šŸµ insights

šŸŽ„šŸ”„ My Youtube Content šŸŽ„šŸ”„

Subscribe šŸ™šŸ¼

šŸ’ø Companies and Deals I am Watching Closely šŸ’ø

šŸ“– Book of the Month šŸ“–

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.

Manias Panics & Crashes Audiobook
caption for image

Listen to this book for free with Audible Manias Panics Crash Book

šŸ’ø Companies and Deals I am Watching Closely šŸ’ø

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

šŸ’­āœšŸ¼ Food For Thought šŸ’­ āœšŸ¼

My latest article, What Does Singapore Tell Us About the Future of Central Bank Digital Currencies? - Link

šŸ“ˆ Top 10 Market Movements by Market Cap over the last 7 days šŸ“‰:

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)

Link

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

defipulse.com

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! Ā I am pondering setting up a private Discord with specials gems. Stay Tuned for more šŸ”„ in 2022! šŸ™šŸ»

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.

Disclaimer:

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.

No information provided herein, should be construed as an offer to sell, or a solicitation of an offer to buy any security or investment vehicle, nor should it be construed as tailored or specific to you, or any reader or consumer thereof. You understand and agree that the content does not constitute specific recommendations of any particular investment, security, portfolio, transaction or strategy, nor does it recommend any specific course of action is suitable for any specific person or entity or group of persons or entities.

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.

Some products or services on this newsletter may have affiliate links. This means that I may earn a commission if you click through the link and make a purchase and/or subscribe. I will only provide links to products or services that I genuinely like, use and support.

ā€‹