Crypto NewsCryptoMarket Daily UpdatesUncategorized

Cryptomarket Valuation and Opinion 01-06-22

Market Data Highlights

Bitcoin opens at $44K. It hits lowest at $42K and highest at $44K and stable around $41K ~ $42K. The average transaction fee is $2.62 which is a 18.55% increase from 01-05-22. Fear and Greed level is at 15.

Ethereum opens at $3.6K. It hits lowest at $3.3K and highest at $3.6K and stable around $3.3K. The average transaction fee is $41.64 which is a 1.14% increase from 01-05-22. Fear and Greed level is at 25.

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:

The NFT market is up! But the crypto market continues going down. The upward momentum is gone.

Today’s sentimental news and comments:

Bullish News ?

Dapper Labs becomes the first NFT company to lobby with the US government.

NYC Mayor said to buy the dip.

The House Subcommittee on Oversight and Investigations may be planning a hearing on Bitcoin’s carbon footprint.

Binance bought the dip of 43K bitcoin.

Bearish News ?

All my apes are gone! Theft stole Bored Ape from an NFT owner worth more than $2M.

Future Trend ?

WeChat adds digital Yuan wallet supports.

Web3 projects are on the rise.

Crypto scammers took a record $14B in 2021!

Scam Alert ⚠️

Scam: Telegram random airdrop message

Reason scam: scam airdrop to steal tokens from your wallet 

Scam types: fake promotion, rug pull potential, fake token

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