Crypto NewsCryptoMarket Daily UpdatesUncategorized

Cryptomarket Valuation and Opinion 12-15-21

Market Data Highlights

Bitcoin opens at $48K. It hits lowest at $46K and highest at $49K and stable around $47K ~ $48K. The average transaction fee is $2.00 which is a 11.11% decrease from 12-14-21. Fear and Greed level is at 29.

Ethereum opens at $3.8K. It hits lowest at $3.6K and highest at $4.0K and stable around $3.9K. The average transaction fee is $25.33 which is a 5.43% decrease from 12-14-21. Fear and Greed level is at 37.

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 weak. The crypto market was scared by the Fed meeting which I did not see any benefits and it recovered after the Fed announced they did not care about crypto disruption.

Today’s sentimental news and comments:

Bullish News ?

Jack Dorsey and Jay-Z work on board to launch the Bitcoin endowment.

Swiss Bank launched a Gold-Backed digital token.

Rarible integrates Tezos NFTs.

Bearish News ?

The Fed will have 3 rate hikes in 2022.

Lack of regulatory clarity will be the norm in the crypto market.

Future Trend ?

The US government monitors the Bitcoin lightning network.

The Fed chair says he isn’t concerned about crypto disrupting financial stability in the US.

Scam Alert ⚠️

Scam: tokens

Reason scam: scam tokens either from fake airdrops or force to send into your wallet

Scam types: fake smart contract tokens that require to be active when users trade them and create a portal to transfer wallet funds away

Follow me here

Thanks for reading and see you tomorrow!

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Your email address will not be published.