Around 70k ETH longs were opened in the last 24 hours on Bitfinex.

If you wonder why I rely on Bitfinex - this is basically a whales exchange. Every big move on Bitfinex become profitable, this is like insider trading

DOGE pumped because of the Elon Musk news but on charts DOGE unable to break the resistance of $0.225 area. DOGE is now trying to hold the $0.19-$0.2 level. If DOGE hold the level then we see again a retest of $0.225 area. If DOGE unable to hold the support then the last major support is $0.16 area.

53% of the top 100 cryptos by market cap are trading below their 200d moving average — link

The yesterday pump turned to be a fake pump. DOGE unable to close the daily candle above the support area. The long wick shows price rejection and heavy sell-off. The major support is $0.16 and we may see another retest in coming days. The major resistance is $0.225 and $0.2 area.

Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia's venture capital arm, to establish a crypto exchange platform.
According to a joint announcement on Dec. 15, the agreement will also seek to broaden blockchain adoption throughout Indonesia, which is home to about 240 million people.
To assist with the development of the new exchange platform, Binance will provide asset management infrastructure and technology. The agreement will also seek to increase the application of blockchain technology in Indonesia more broadly.

MATIC unable to break the $2.45 resistance area. MATIC retested the $1.8 major support area and now trying to reclaim the $2 level. MATIC is bullish as long as it holds above $1.8 support area. You can hold your MATIC position with stop loss.

Unfortunately DXY looks super strong here after breaking out of the bull pennant!

Todays FOMC meeting will mean a lot to dollar and stocks, thus also to crypto. Most likely news won't be great for us.

Fed leaves rates unchanged. Fed doubles pace of tapering to $30bn per month.

Federal Reserve signals three interest rate hikes in 2022.

Hash rate market share breakdown of public mining companies — link

The panic & bearish sentiment towards #BTC  is extreme right now

But there’s nothing extreme about this -38% retrace

Over the years, BTC has retraced 30-40% many times in Bull Markets

In fact, $BTC retraced -53% this past May

-38% isn’t extreme

#Crypto #Bitcoin 

Rug pulls put 2021 scam revenue close to all-time highs — chainalysis

Ethereum continues to maintain a high correlation with Bitcoin.

2021 institutional adoption timeline — link

Justin Sun is retiring from Tron – but not crypto — link | Justin

Mon/Fri were the busiest trading days on Binance over the past 30 days while weekends showed the lowest volumes.

Bitfinex whales have built a buy wall just above $45k.

New ETF filed: VanEck Gold and Bitcoin Strategy ETF — link | sec

Bitcoin futures OI in BTC up 10%