Crypto NewsCryptoMarket Daily UpdatesUncategorized

Cryptomarket Valuation and Opinion 01-01-22

Market Data Highlights

Bitcoin opens at $46K. It hits lowest at $46K and highest at $47K and stable around $46K ~ $47K. The average transaction fee is $3.10 which is a 10.40% decrease from 12-31-21. Fear and Greed level is at 29.

Ethereum opens at $3.7K. It hits lowest at $3.6K and highest at $3.7K and stable around $3.7K. The average transaction fee is $26.03 which is a 7.93% decrease from 12-31-21. Fear and Greed level is at 35.

Also, you can view my 1 min video summary if you want to skip the reading:

Here are some highlights to support my analysis: 

NFT market highlights:

New Year with new NFTs. Many new trends are strongly getting more attention.

Today’s sentimental news and comments:

Bullish News ?

At end of meme coins in 2022? We shall see.

Crypto regulatory uncertainty continues as US SEC hires more crypto advisors.

Bearish News ?

Binance-owned exchange WazirX targeted by India’s government for alleged tax evasion.

Ripple released another 1 Billion XRP.

MicroStrategy’s buying the dip makes Bitcoin unattractive anymore.

Future Trend ?

10 crypto predictions for the year 2022!

-Layer 1 continues growing

-Bridges between L1 and L2 will improve

-Zero-knowledge proof is a trend

-Regulated Defi is coming

-Institutional money will enter Defi

-Defi insurance will emerge

-NFT communities are rising

-Brands enter NFT and Metaverse

-Web2 companies will FOMO

-DAO2.0 is coming

DAOs are the foundation of Web3.

Scam Alert ⚠️

Scam: Assurance Trust Token

Reason scam: scam token that helps people to avoid scam

Scam types: fake token, rug pull potential, the website is not working

Follow me here

Related posts
Crypto News

BAYC | Ape Fest to Whiskey and The Scandal?!? #BURNBAYC?

Crypto News

Luxury Fashion Brands Are Entering The Crypto Space

Crypto News

Bitcoinstalking on Crypto Staking

Crypto News

Top Places to Purchase Crypto for the Beginner

Sign up for our Newsletter and
stay informed

Leave a Reply

Your email address will not be published.