Market Data Highlights
Bitcoin opens at $50K. It hits lowest at $48K and highest at $51K and stable around $50K ~ $51K. The average transaction fee is $1.92 which is a 18.30% decrease from 12-07-21. Fear and Greed level is at 28.
Ethereum opens at $4.3K. It hits lowest at $4.2K and highest at $4.4K and stable around $4.3K. The average transaction fee is $33.18 which is a 11.52% decrease from 12-07-21. Fear and Greed level is at 39.
NFT market highlights:
The NFT market is up and down. I think people are getting over the NFT market. Although it may drive the future of crypto growth, it is taking a break now.
Today’s sentimental news and comments:
Bullish News ?
Coinbase stores 12% of the worlds’ total crypto according to its CFO.
OpenSea community does not work the company to IPO.
Shiba trend has dropped as its Google searches fall 92% since October.
Bearish News ?
CBDCs in Europe trial has been successful in France and Switzerland.
CFTC commissioner wants more clarity due to Crypto regulation enforcement. There is a power struggle between the SEC and CFTC.
Future Trend ?
Crypto CEOs are testimonies in Congressional hearings. The government starts to pay more attention to the crypto industries.
Cardano testing ERC-20 converter with AI tokens. Cardano may lead the technology advancement in the future.
Scam Alert ⚠️
Scam: Booster
Reason scam: connect wallet and steal safemoon tokens
Scam types: fake wallet, stealing code embedded
Thanks for reading and see you tomorrow!
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