• Solana (SOL) surged by as much as 30%, setting a fresh multi-month high
• Shiba Inu (SHIB) was trading at its strongest point since November, up 10% today
• Cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing

Cryptocurrency markets were feeling the bullish vibes to start the weekend, with the global market cap 8.28% higher as of writing. Two of the biggest movers were Solana (SOL) and Shiba Inu (SHIB), both of which hit multi-month and six-week highs respectively.

Solana (SOL) was the biggest mover, rallying by as much as 30% on Saturday. Following a low of $16.52 yesterday, SOL/USD surged to an intraday high of $22.37 earlier today. This marked the token’s strongest point since November 9, when price was at a top of $24.60. The move came after the 14-day relative strength (RSI) index moved above a ceiling at the 80.00 level, and is now tracking at 85.44. It remains to be seen whether or not the current rally will continue, or if it will cool off as the day matures.

Shiba Inu (SHIB) was another notable gainer in crypto markets, as the meme coin rose by over 10% today. SHIB/USD hit a peak of $0.00001081 to start the weekend, after ending the working week at a low of $0.000009462. This resulted in prices climbing to their highest level since early November. Overall, Shiba Inu has now risen for a third consecutive session, and is up 24% in the last seven days. It appears that the earlier gains have already begun to show signs of easing, with price now trading at $0.00001039. This comes after the RSI failed to break out of its long-term resistance point at the 80.00 mark.

The weekend is still young, and it will be interesting to see if the bullish sentiment in cryptocurrency markets persists in the coming days.

• Dogecoin (DOGE) and shiba inu (SHIB) both surged to multi-week highs on Thursday, with DOGE/USD climbing to its highest point since December 27.
• The rally in meme coins comes after a period of consolidation over the holiday season and coincided with the 14-day relative strength index (RSI) breaking out of a key resistance zone.
• SHIB/USD also surged to its strongest point since December 18, breaking out of its own resistance level at $0.00000850 and sending the RSI above the 50.00 level.

On Thursday, both Dogecoin (DOGE) and shiba inu (SHIB) surged to multi-week highs, as traders returned from recent Christmas and New Year’s celebrations. Dogecoin raced to a peak of $0.07503 earlier today, after bottoming out at $0.07181 on Wednesday. This move sent the token to its strongest point since December 27, when price was in the midst of a prolonged sell-off.

The rise in price also came as the 14-day relative strength index (RSI) marginally broke out of a key resistance zone. The index is currently tracking at 42.81, which is slightly above a ceiling of 42.00.

Shiba inu also saw notable gains on Thursday, with SHIB/USD surging to a peak of $0.000008531 earlier today. The move sent the meme coin to its strongest point since December 18, prior to the holiday season consolidation.

Looking at the chart, the rally also saw SHIB break out of a recent point of resistance at $0.00000850, with the RSI also following suit. Price strength surged past its own ceiling at the 50.00 level, and is currently tracking at 51.63.

Despite this sign of strength, traders should still keep an eye on the market as the nonfarm payrolls numbers will be released on Friday. If the numbers come in higher than expected, it could trigger a widespread sell-off in the cryptocurrency market.

• A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament to create the necessary payment infrastructure for the digital ruble.
• The proposal aims to amend several existing laws such as the law on „On the National Payment System“ to assign to the Bank of Russia the role of sole operator of the CBDC platform.
• Changes to the Federal Law „On Personal Data“ allow Russia’s central bank to process personal info

The Bank of Russia, the country’s central bank, has proposed the introduction of a digital ruble, a central bank digital currency (CBDC) meant to facilitate payments and money transfers in the Russian Federation. The new form of national fiat has been submitted in the form of a draft law to the State Duma, the lower house of parliament, for consideration.

The explanatory notes to the bill, quoted by the crypto page of the Russian business news portal RBC, suggest that the main purpose of the legislation is to develop the necessary payment infrastructure for the digital ruble. This, the sponsors believe, would provide Russian citizens, businesses, and the state with access to fast, convenient, and low-cost money transfers.

The proposal aims to amend several existing laws such as the law on „On the National Payment System“ to which the members of Duma want to add definitions pertaining to the CBDC. The new provisions assign to the Bank of Russia the role of sole operator of the CBDC platform. They also establish the procedures for opening wallets for the digital ruble and accessing its platform. An amendment to the law „On Currency Regulation and Currency Control“ secures the status of the digital ruble as a currency of the Russian Federation and defines CBDCs issued by the central banks of other nations as foreign currencies.

Changes to the Federal Law „On Personal Data“ allow Russia’s central bank to process personal information related to the digital ruble. The legislation also sets out the conditions for the use of data obtained in the process of providing services for the issuance, circulation, and withdrawal of the digital ruble.

The Bank of Russia is currently conducting a series of tests to assess the viability of the digital ruble. The central bank has already completed the first stage of the project, where it tested the technical capabilities of the CBDC platform. The second stage is focused on the testing of the legal framework and the third, the final stage, will assess the economic implications of the digital ruble.

The Bank of Russia expects to have the digital ruble ready for launch by the end of 2021. The introduction of the digital ruble would be a major development in the Russian payments sphere, as it would provide citizens and businesses with a faster, cheaper, and more secure alternative to traditional payment methods.

• Robert Kiyosaki, author of Rich Dad Poor Dad, is investing in Bitcoin because it is classified as a commodity.
• Kiyosaki warned that the Securities and Exchange Commission (SEC) regulations will „crush“ most other cryptocurrencies.
• The SEC and CFTC have both confirmed that Bitcoin is a commodity.

Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, has recently revealed why he is investing in Bitcoin. He believes that the cryptocurrency is a commodity much like gold, silver, and oil, and that the U.S. Securities and Exchange Commission (SEC) regulations will “crush” most other crypto tokens.

Kiyosaki’s 1997 book Rich Dad Poor Dad has been a New York Times Best Seller for over six years and has sold more than 32 million copies in over 51 languages across 109 countries. On Friday, he took to Twitter to announce his intention to buy more Bitcoin and explained why he is “very excited” about the crypto asset.

The SEC Chairman Gary Gensler has said repeatedly that Bitcoin is a commodity while most other crypto tokens are securities. This has been confirmed by the Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam, who has stated that Bitcoin is a commodity.

The SEC has been criticized for targeting crypto exchanges and other crypto-related businesses with enforcement actions since 2018. However, it has also issued guidance on crypto and digital asset markets, which is aimed at helping investors make informed decisions. The regulator is currently working on a new set of rules for crypto brokers and dealers.

Kiyosaki’s recent crypto investment is a sign that the industry is gaining more mainstream attention. He may be the first in a long line of famous authors, celebrities, and investors who will invest in the crypto space. It remains to be seen what the future holds for the SEC and its regulations, but it’s clear that the regulator is taking the crypto industry seriously.

• BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations.
• These tools include automation for vehicle financing processes, and also a rewards program for customers of the automotive company adapted to compliance processes in Thailand.
• The alliance will use Binance’s Bnb Chain as the anchor chain for these transactions due to its performance-to-cost ratio.

BMW, the German car manufacturer, has recently announced a partnership with Coinweb, a layer 2 (L2) blockchain interoperability protocol, in order to introduce blockchain-based processes to its operations. This alliance will enable the introduction of blockchain-based tools that can streamline different processes, such as the financing of BMW-branded vehicles, and also a rewards program for customers of the automotive company adapted to compliance processes in Thailand.

The first task of this partnership involves the development of a smart contracts platform that can be used to facilitate the financing of BMW vehicles, which will include the implementation of an Anti Money Laundering (AML) and Know Your Customer (KYC) tool that is adapted to the local laws of Thailand. The smart contracts platform will also provide a secure environment for the completion of the various procedures needed for the financing of vehicles.

The second task of this alliance is the creation of a blockchain-based loyalty program that will reward customers of the BMW brand with products and services, assigning a rank to each customer directly related to their rewards accumulation. Coinweb stated that it will use Binance’s Bnb Chain as the anchor chain for these transactions due to its performance-to-cost ratio. However, the transactions could be broadcasted to other blockchains if needed.

The introduction of blockchain processes to BMW’s operations is expected to bring multiple benefits, such as a more efficient and secure process for the financing of vehicles, as well as the ability to reward customers in a cost-effective manner. Moreover, by using a layer 2 protocol, BMW will be able to take advantage of the speed and scalability of the blockchain technology, while still maintaining the security of the information.

In conclusion, BMW’s partnership with Coinweb is an example of how companies are increasingly introducing blockchain processes as part of their operations due to the ostensible reliability of the tech and how it can help save on costs. The two tasks of this partnership are expected to bring multiple benefits to BMW, its customers, and the automotive industry as a whole.

• Russia’s former head of state, Dmitry Medvedev, predicts that digital fiat currencies will spread in the new year and the U.S. Dollar will lose its status of global reserve currency.
• Medvedev foresees the Bretton Woods monetary system collapsing, the IMF and World Bank crashing, and oil prices and natural gas prices increasing.
• He also expects the EU to collapse, the euro to fall out of use, and France and Germany to clash while Hungary and Poland occupy parts of Western Ukraine.

As the world awaits the New Year, one former head of state is making predictions about what the future holds. Dmitry Medvedev, who served as the President of Russia from 2008-2012, has taken to social media to share his thoughts on what he believes will happen in 2023. In a series of tweets, the politician gave his two cents on the wildest predictions for the year ahead.

Medvedev believes that the U.S. dollar will be losing its status as the global reserve currency, with digital fiat currencies taking over. He foresees the Bretton Woods monetary system collapsing, which would cause the International Monetary Fund (IMF) and World Bank to crash. In addition, Medvedev predicts that oil prices will reach $150 per barrel, and natural gas prices will increase to over $5,000 per barrel.

The former head of state also expects the European Union (EU) to collapse after the United Kingdom rejoins the bloc. He believes that the euro will fall out of use, and France and Germany will clash while Hungary and Poland occupy parts of Western Ukraine.

Although these predictions may seem far-fetched, Medvedev is not the only one to make such predictions. Other world leaders, economists, and financial analysts have expressed similar beliefs about what the future holds for the global economy.

At the end of the day, only time will tell if Medvedev’s predictions will come true. However, his “humble contribution” to the “wildest predictions” ahead of the New Year has certainly sparked conversation about the future of the global economy.

• Bitcoin’s hashrate has increased from 170 to 300 EH/s due to a number of Texas miners temporarily going offline.
• Statistics from Dec. 29 show two mining pools, Foundry USA and Antpool, commanding more than 50% of the global hashrate.
• Bitcoin mining difficulty is expected to decrease significantly in the next five days.

The Bitcoin (BTC) network’s hashrate saw a significant surge this week, reaching a peak of 300 exahash per second (EH/s) on Dec. 28, 2022. This spike was largely due to a number of Texas-based miners temporarily going offline on Dec. 25, 2022. This shift in the network’s hashrate distribution has caused some controversy, as two mining pools now command more than 50% of the global hashrate.

The Bitcoin network relies on the computational processing power of miners to secure the network and process transactions. This power is measured in hashrate, which is expressed as exahash per second (EH/s). This week, the total hashrate of the network dropped to a low of 170 EH/s on Dec. 25, 2022, due to miners in Texas curtailing their hashpower. This was done to reduce the strain on the electricity grid and ensure the safety of the miners and their facilities. However, by 12:00 p.m. (ET) the same day, the hashrate had already recovered to 240 EH/s and continued to climb, eventually reaching the 300 EH/s mark late on Dec. 28.

Statistics from Dec. 29, 2022 show that two mining pools, Foundry USA and Antpool, are now controlling more than 50% of the global hashrate. Foundry USA currently commands 31.45% of the total hashrate, while Antpool controls 21.87%. Together, these two mining pools are responsible for 53.32% of the current 250.57 EH/s. F2pool and Viabtc have 14.25% and 9.34% of the hashrate respectively.

The jump in hashrate has caused some to accuse the network of becoming more centralized. This has led to some criticism of the network, which is counterintuitive to the decentralization that Bitcoin is meant to promote. However, the hashrate is expected to drop significantly in the next five days, as the mining difficulty is expected to decrease due to the current hashrate distribution. This decrease in difficulty should make it easier for smaller miners to compete and reduce the percentage of hashrate commanded by the two biggest mining pools.

• The U.S. dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars.
• The Argentine peso plummet accelerated last week when it lost more than 10% of its value.
• Analysts who seek to explain the historic drop in the currency’s value mention that there are two main elements making the exchange rate soar.

The value of the Argentine peso has sunk to its lowest level ever as citizens rush to exchange their holiday payments for U.S. dollars. The exchange rate between the U.S. dollar and Argentine peso has seen an unprecedented escalation over the past month, with the Argentine fiat currency reaching new historic lows. On December 28th, the U.S. dollar reached a value of 356 pesos in its parallel cash denomination, commonly referred to as the “blue” exchange rate, having closed November at 314 pesos per U.S. dollar.

Analysts and economists have sought to explain the historic drop in the currency’s value, and have identified two main elements making the exchange rate soar. The first has to do with the abundance of pesos in the market due to payments companies have made, increasing the demand for dollars in an ecosystem with exchange controls. The other has to do with the political and legal uncertainty created by the attempt of Argentine president Alberto Fernandez to disobey the mandate of the International Monetary Fund (IMF).

These factors, combined with the weakening of the Argentine peso since the start of 2022, has caused Argentines to drop their peso-based savings in favor of dollars and stablecoins as a hedge. The Argentine currency has lost more than 70% of its value since the beginning of the year, having started at 207 pesos per U.S. dollar. This decline has led citizens to seek U.S. dollars as a safe haven, causing the exchange rate to skyrocket.

The economic situation in Argentina is becoming increasingly precarious, with inflation and poverty levels on the rise. The government has implemented various measures to try and stabilize the value of the peso, such as increasing taxes and cutting public spending. However, these measures have not been able to prevent the currency from sinking to its lowest level in history.

The current situation in Argentina is a reminder of the importance of stable currencies and the importance of protecting one’s savings. With exchange controls in place and the peso’s value continuing to decline, Argentines are turning to U.S. dollars and other forms of stable currencies to ensure the security of their savings. It remains to be seen whether the Argentine government will be able to implement measures to help stabilize the peso, or if the currency will continue to decline in value.

An analyst warns that if Bitcoin support (BTC) gets closer and closer to $9,000, exchange users could sell a lot…

According to data from the CryptoQuant web-based analysis resource, the amount of BTC on exchanges skyrocketed on July 15.

Joe Biden’s Twitter account is hacked by criminals asking for BTC donations

Kraken publishes unusual daily BTC deposits of USD 38.5 million
When traders return their Bitcoin to the exchanges from a private BTC purse, it suggests that they have a desire to trade or sell in the short term.

The opposite is also true, as Cointelegraph reported; the balance of exchanges witnessed a long-term downward trend that in May reached its lowest point since late 2018, when the BTC/USD fell to USD 3,100.

Now, says CryptoQuant, nervousness about weak price performance seems to be sending a signal to prepare for downward volatility.

Argentina: Suspected maneuvers to bypass banks‘ foreign exchange restrictions

Looking at Kraken, the big trading platform, data shows that 4,229 BTCs (USD 38.5 million) came in on Wednesday, far more than the average of 500 BTCs (USD 4.55 million) in the last few weeks.

Although the order book data is yet to come in, Kraken may be presenting an anomaly that does not reflect the widespread sentiment of traders, the overall conditions are decidedly bearish.

„I expect a small setback,“ CEO Ki Young Ju told Cointelegraph in private comments.

Twitter Hacking: Obama, Uber, Biden, Gates, Bezos, Kanye West and many more continue to fall
Ki added that if a sale begins, he does not expect it to coincide with that of March, when an event halved the BTC/USD in a matter of hours.

„In my opinion, it will be around USD 8,800,“ he said.

The number is less pessimistic than other recent targets. Earlier this week, Cointelegraph analyst filbfilb highlighted Bitcoin’s 20-week moving average at USD 8,200 as a realistic buying support zone.

For all exchanges, meanwhile, deposits remain well below their March decline levels, indicating that the trend to hold, not sell, continues.

BTC price falls close to USD 9,000

Bitcoin remains tied to movements in the macro-markets, which in turn are dictated by sentiment about the coronavirus and geopolitical tensions between the United States and China.

The status quo has been difficult to change, and was responsible for the trade corridor in which BTC/USD has not left since the third week of June.

At the close of this edition, the pair was trading at USD 9,080, while selling pressure seemed to be increasing according to CryptoQuant’s predictions.

The last time Bitcoin briefly lost the USD 9,000 level was on June 28, reaching a high of USD 9,480 in the meantime.

Am Mittwoch kündigte Pokerstars , dass es Re-Branding wird und zur Restrukturierung der European Poker Tour und andere Pokerstars Live – Events (wie der Asia Pacific Poker Tour), sie alle zusammen unter zwei Schirme zu bringen: der Pokerstars – Meisterschaft und der Pokerstars – Festival. Wir fragten uns , warum nur drei EPT Season 13 Veranstaltungen im Mai bekannt gegeben wurden; vielleicht aus diesem Grund.

Die Pokerstars-Meisterschaft wird die „main“ Tour sein, so zu sprechen, und „wird in dem großen Städten stattfindet, von den angesehensten Casinos auf der ganzen Welt organisiert, und ist für Spieler aller die beste Poker-Erfahrung auf dem Planeten liefern Ebene.“

Wie die aktuelle European Poker Tour stoppt, wird jeder Pokerstar Championship Stopp für etwa eine Woche laufen und eine Hälfte oder so und so viele wie 100 Turniere bestehen kann. Die erste Pokerstars Championship Event wird die Pokerstars-Meisterschaft Bahamas sein, eine Namensänderung von der Pokerstars Caribbean Adventure (PCA), im Januar 2017. Die PCA emblematischen einer der Gründe, warum Pokerstars hat beschlossen, die European Poker Tour Namen und wieder verschrotten -Marke; Pokerstars fühlte es „seine europäischen Grenzen entwachsen“, die es bereits mit dem PCA getan hatte.

Pokerstars hat auch bestätigt, Barcelona, ​​Monte-Carlo, Macau und Panama so weit Meisterschaft aufhört.

Jeder Pokerstar Championship Standort wird ein Turnier Rangliste hat; der Spieler, den die Rangliste Rennen gewinnt, wenn alle Ereignisse am Veranstaltungsort getan werden, erhalten ein VIP-Paket gewinnen, die einen Pokerstar Championship Main Event Buy-in für das folgende Jahr umfasst, Unterkünfte und ein Eintrag in ein Invitational (Freeroll?) mit einem $ 100.000 winner-take-all-Preis.

Die Pokerstars Festival sind kürzere Tour Stopps – man denke WPT Nationals oder WSOP Circuit – „Spaß, Urlaub fühlen“ mit einem Diese für etwa eine Woche mit weniger Turniere mit niedrigeren Buy-ins gehen, richtet sich an Hobbyspieler. Die erste wird Pokerstars Festival New Jersey sein, von der Resorts Casino Hotel in Atlantic City gehosteten 29. Oktober bis 6. November . Dies wird die erste Pokerstars betriebene Live – Turnier in den Vereinigten Staaten, eine klare Anstrengungen Sterne, um zu versuchen , eine stärkere Position im Garten – Staat zu etablieren.

Obwohl die Pokerstars Festival Anschläge kleiner als die der Pokerstars-Meisterschaft sind, werden nach wie vor New Jersey haben mehr als 50 Turniere mit Buy-Ins von $ 100 bis $ 5.000 reichen.

„Wir sind entschlossen, den Pokermarkt in New Jersey und einen Teil dieser Strategie zu wachsen, ist zu helfen, der Poker-Hub von Amerika im November New Jersey zu machen“, sagte Eric Hollreiser, Pokerstar Director of Corporate Communications, in einer Erklärung. „Wir laden die Spieler aus der ganzen Welt in der Garde State für die beste Live-Poker-Erfahrung in der Welt aufschlagen, live und online, mit dem ersten NJCOOP vor dem Festival Auftakt mit vielen Turnieren im Angebote und großen Preisen .“

Obwohl das teuerste Turnier an der Haltestelle New Jersey wird $ 5.000 kosten, das Main Event, vom Laufen 1. November bis 5. November , wird ein Buy-in von nur $ 1.100 haben. Das ist immer noch nicht billig von den meisten Menschen der Budgets, aber für einen Main Event auf einer großen oder große Halb Poker Tour, das ist sehr preiswert.