Crypto NewsCryptoMarket Daily UpdatesUncategorized

Cryptomarket Valuation and Opinion 01-17-22

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

NFT market highlights:

The NFT market is down along with the crypto market. That is not a good sign for the price level in the long term.

Today’s sentimental news and comments:

Bullish News ?

SpiceDAO paid $3M for a copy of Jodorowsky’s Dune.

Binance burns more of its token to support its valuation.

Bearish News ? suspends withdrawals as users report funds leaving their accounts.

India’s Prime Minister calls for global unified action on cryptocurrencies regulations.

Future Trend ?

Smart Contract 2.0 is coming this week.

OCC called for the collaboration of Federal entities in crypto regulations.

Singapore prohibits crypto firms from advertising publicly.

Scam Alert ⚠️

Scam: Fake TLK token

Reason scam: scam tokens that impersonate the real token

Scam types: impersonate, rug pull potential, fake token

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