Mining
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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 
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Rug pulls put 2021 scam revenue close to all-time highs — chainalysis
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Ethereum continues to maintain a high correlation with Bitcoin.
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2021 institutional adoption timeline — link
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Mon/Fri were the busiest trading days on Binance over the past 30 days while weekends showed the lowest volumes.
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Bitfinex whales have built a buy wall just above $45k.
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Bitcoin futures OI in BTC up 10%
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24.6% of all Bitcoin supply is sitting above the current price around $47,000, meaning 1 in 4 BTC is currently underwater — link
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Just over 1,700 venture capital deals focused on the crypto space occurred in 2021, netting these startups, projects and protocols some $25.1 billion in financing — link
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Bitcoin-owning senator Lummis to propose crypto overhaul bill next year — link | archive
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Kraken to develop NFT marketplace offering token-backed loans — link
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The synthetic asset protocol Mirror on Terra blockchain is under "governance attack." The "hacker" is looking forward to stealing $30 million worth of MIR tokens via the initiated Proposal 185, which was disguised as a cooperation request with the Solana network.
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#ETH slowly climbed up the level, broke the resistance to the upside turns support now. Price is hodling above it, which is a good sign. We can expect more push in #ETH in coming days if #BTC sustain above the $50,000 mark. Alts will follow #ETH and pump too. Around $4200 is the local Resistance as of now.
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#ONE contines to move to the upside, broke the a major resistance level. Trade is running around 16%, you can take some profits now and hodl the trade with BE stops. 4H candle closed above the resistance, if daily candle also give a close above resistance then we can see some aggresive pump in #ONE.
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Crypto exchange Binance gets in-principle nod from Bahrain — link
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