Robinhood issued an email to users stating that it has decided to end support for Bitcoin SV (BSV) on January 25 based on latest review. After the deadline, any BSV still in Robinhood Crypto account will be sold for market value. BSV has lost 8%.

https://robinhood.com/us/en/support/articles/bitcoin-sv-update

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#AWS now fully supports Avalanche’s infrastructure and dApp ecosystem, including one-click node deployment, offering the best tooling for these high compliance use cases.

Amazon #Chose Avalanche to bring scalable blockchain solutions to enterprises and governments.

https://twitter.com/avalancheavax/status/1613235554711400448

https://twitter.com/AWSstartups/status/1613236857348702210

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El Salvador’s Legislative Assembly has approved a law on the issuance of digital assets, which includes a legal framework for issuing bitcoin-backed bonds, also known as volcano bonds.

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TradingView launches 'The C63 TradeTime' watch.

They call it the world's first 'international trading watch'.

Watch how it works: https://youtu.be/ki8TF3rKuvg

They produced only 500 pieces and are sold out.

Would you buy? 👍/👎

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Since the beginning of 2023, total active wallets interacting with Solana DEXs have increased 83% from almost 45K per day to 83K per day.

Much of the increase comes from active wallets interacting with Radium, Jupiter, and Orca increasing 251%, 91%, and 62% respectively.

During the same period, total non-vote transactions on Solana have also increased 46% from $28M to $41M. Meanwhile, the SOL token price has increased 62% from $10 to $16 as well.

The network has experienced a resurgence in activity in 2023, but the increase in activity comes without any fundamental change or catalyst for the network.

Notably, the BONK meme token was launched on Solana in December 2022. The project went viral with a peak market capitalization of $151M on Jan. 5 and a top 24hr trading volume of $183M on Jan. 6.

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Crypto funding fell over 40% from 2021 to 2022 but the total value of private rounds still increased over 5x from 2020. Despite the fall, there were plenty of 9-figure rounds including ConsenSys, Yuga Labs, Opensea, Blockdaemon, Matter Labs, and Limit Break, among others.

If the trend from past bear markets continues, the capital will be deployed through the bear market to develop better UXs and rails for scalability to accommodate the new market participants in the next bull run.

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Inflation was 7.1% in November.

The inflation number for December is released tomorrow. Consensus expectation is 6.5%.

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14 years ago, on January 12, 2009, Satoshi Nakamoto made the first BTC transaction to Hal Finney sending 10 BTC.

https://www.blockchain.com/btc/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

@Bitcoins

Take FTX's name off the Miami Heat's arena, the crypto exchange's bankruptcy judge orders in ending a $135 million sponsorship deal.

https://www.businessinsider.in/cryptocurrency/news/take-ftxs-name-off-the-miami-heats-arena-the-crypto-exchanges-bankruptcy-judge-orders-in-ending-a-135-million-sponsorship-deal/articleshow/96938473.cms

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Number of Staked ETH Passes 16M

The $22.38 billion worth of staked ETH will be impossible to withdraw until Ethereum’s next big upgrade.

https://www.coindesk.com/tech/2023/01/12/number-of-staked-eth-passes-16m/

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It's finally here! The new 2023 Roadmap for #Gifto has been released:

https://giftoblog.medium.com/2023-giftos-year-to-shine-41ee47303688…

Get ready for some exciting updates:
- Token swap from $GTO to $GFT on the #BSC 🚀
- Staking
- Brand new wallet
- Gifto store
- And much more! 🎁

#Web3Gifto #Megaexpansion #Day1

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El Salvador passes law on cryptocurrency transfer:

El Salvador was the first country to adopt bitcoin as a legal currency in September 2021, using it along with the US dollar, which it adopted as its currency in 2001.

https://www.zawya.com/en/legal/regulations/el-salvador-passes-law-on-cryptocurrency-transfers-hvap4e1b

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🏛 In 2022, venture investors invested $37.7B in 1769 crypto projects, which is 19% more than in 2021 ($31.6 B).

Despite the longest crypto winter, venture investors continue to invest huge amounts of money in the crypto sector.

https://mobile.twitter.com/WuBlockchain/status/1612782934888681472

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India's CPI data out:

Retail Inflation Lowest In A Year, Falls To 5.72% In December.

The Consumer Price Index (CPI) based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021.

US to follow?

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US CPI:
6.5% YoY, -0.1% MoM
Forecasted: 6.5% YoY, -0.1% MoM

US CPI Core:
5.7% YoY, 0.3% MoM
Forecasted: 5.7% YoY, 0.3% MoM

The annual rate of CPI in the United States without seasonal adjustment in December recorded 6.5%, the sixth consecutive month of decline, the smallest increase since October 2021, and the previous was 7.10%

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NFTPerp is a decentralized exchange for perpetual futures on NFT collections. The platform launched a beta version on Nov. 25, 2022 that allows traders to take long or short positions on NFTs with up to 5x leverage.

The platform allows small investors to gain exposure to highly sought-after collections like CryptoPunks despite their high floor prices. Additionally, traders can now short NFTs to express a bearish view or hedge other positions.

Trading volume on the platform exceeded 16K ETH in December 2022 and remains on track to go even higher this month with over 11K ETH so far. The most traded NFT collection is the Bored Ape Yacht Club with a 40% volume share, followed by Azuki with a 29% volume share.

However, the low liquidity of many NFT collections leaves their derivatives vulnerable to price manipulation and it is unclear if NFT perpetual futures will gain significant adoption. But these primitives remain worth monitoring.

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MetaMask tweets to caution the wallet users about new scam:

A new scam called 'Address Poisoning' is on the rise. Here's how it works: after you send a normal transaction, the scammer sends a $0 token txn, 'poisoning' the txn history.

They use an address with the same first & last few characters as the real transaction you sent; in hopes you will not check the full address, and instead copy theirs in a future txn.

You can protect yourself by double-checking the full address, or by using the Address Book feature. If you need help: 'Menu > Support' in-app.

Read more: https://metamask.zendesk.com/hc/en-us/articles/11967455819035-Address-poisoning-scams

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Nexo's EVM addresses shows some crucial data:

Currently shows $378M in total holdings in 19 wallets out of which $264M is NEXO token. Only $114M in non-NEXO holdings on all EVM addresses combined.

Time to be careful and is Nexo next?

Nexo addresses & its holdings: https://docs.google.com/spreadsheets/d/1jlxRLp2mEW3a_7n3PGG-8vBjShyNnmH2q5YmaqqZbVs

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