Crypto Currency News
Bitcoin
$65,978.16
-377.82
Ethereum
$3,523.48
-26.99
Litecoin
$77.70
-1.9
DigitalCash
$24.97
-0.74
Monero
$173.75
-1.49
Nxt
$0.00
-0
Ethereum Classic
$24.23
-1.17
Dogecoin
$0.13
-0

Bitcoin’s youthful spirit is off to a gentle start

Tuesday, January 4, 2022, 11:43 a.m.

Happy New Year! And more importantly, happy birthday, Bitcoin! Yesterday marked the 13th birthday of the original and still largest cryptocurrency, the beginning of its teenage years. What kind of youth can we expect?

Although the concept of Bitcoin was introduced to the world on October 28, 2008 with the publication of the Bitcoin whitepaper, it actually wasn’t until January 3, 2009 that the anonymous creator Satoshi Nakamoto mined the first Bitcoin himself and started a revolution in the financial world initiated. Today the cryptocurrency ecosystem spans thousands of cryptocurrencies and there are projects around the world using the technology.

Last year, Bitcoin topped $ 1 trillion in market value for the first time, El Salvador adopted Bitcoin as legal tender, and banks like Morgan Stanley and JP Morgan began offering high-net-worth customers access to Bitcoin funds. What’s in store for 2022?

It’s been a smooth start to the year, with Bitcoin price continuing to trade in the same range between $ 46,000 and $ 51,000. Bitcoin is currently down about two percent in the past 24 hours and trades for more than $ 46,000, albeit below its average trading price of about $ 48,000 over the past 200 days. The global crypto market is down about 1.5 percent since yesterday to about $ 2.21 trillion.

Would you like to help spread the introduction and formation of Bitcoin in the UK and even pile some sats while you do so? Well now you can!

the Bitcoin pioneers Community, backed by Barry Silberts Digital Currency Group, was formed to bring Bitcoin to a mainstream audience in meaningful ways and now has members across the UK.

We share tips, stories, and ideas on how to encourage others to try Bitcoin for the first time. And thanks to the support of Luno, every Pioneer receives £ 500 a month of Bitcoin to share with beginners to help them get started.

So if you’re interested in Bitcoin, why not join today? Click here to find out more!

All feedback on Crypto AM Daily in partnership with Luno is welcomed by email at James.Bowater@cityam.com

Previous Crypto AM Daily in collaboration with Luno

Bitcoin price

In the markets

The bitcoin economy

* Definitions and findings can be found at https://bytetree.com/insights/

Total crypto market capitalization

The total capitalization of the entire cryptocurrency market at the time of writing is currently $ 2,225,180,411,845, from $ 2,243,803,480,422 yesterday.

What Bitcoin did yesterday

We got yesterday, January 3rd, 2022, at the price of. closed $ 46,458.12, down from $ 47,345.22 the previous day. The daily high was $ 47,510.73 yesterday and the daily low was $ 45,835.96.

Around this time last year, Bitcoin’s price closed the day at $ 31,971.91. In 2019, it closed at $ 7,410.66.

Bitcoin market capitalization

Bitcoin’s market capitalization at the time of writing is $ 879.79 billion. To put it in context, the market cap of gold is $ 11.459 trillion and Tesla is $ 1.204 trillion.

Bitcoin volume

The total spot trading volume reported by all exchanges in the last 24 hours was $34,534,565,122, down from $ 33,071,628,361.52 yesterday. High volumes may indicate that any significant price move has stronger support and is more likely to be sustained.

volatility

Bitcoin’s price volatility over the past 30 days is 41.56%.

Fear and greed index

The market sentiment is today 23, in extreme fear.

Bitcoin’s market dominance

Bitcoin’s market dominance is today 39.69. The lowest dominance ever measured was 37.09 on January 8, 2018.

Relative Strength Index (RSI)

The daily RSI is currently 38.91. A reading of 70 or above indicates that an asset is being overbought and may be prepared for a trend reversal or price correction – an RSI of 30 or below indicates an oversold or undervalued condition.

Convince your Nan: Soundbite of the day

“Given that money makes up half of any trade, and entire civilizations literally rise and fall based on the quality of their money, we speak of a formidable force that flies under cover of night.”

Ron Paul

What they said yesterday

Happy birthday Bitcoin!

To hope?

Hold on tight!

Crypto AM: Editor’s Recommendations

Peter McCormack: Bedford FC transformed into a global Bitcoin brand

In an interview with Crypto AM, Bitcoin investor and podcaster Peter McCormack talks about buying Bedford FC.

Exclusive: FTSE tracks the development of the Digital Asset Index in Crypto Push

FTSE continues to decline amid growing recession concerns(Photo by Lionel Healing / Getty Images)

Crypto could give London a unique post-Brexit advantage, says Hammond

This picture has an empty alt attribute;  the filename is 001-philip-hammond-cutout-57ed5191a2921-57ed5191b2a36.jpghttps://www.cityam.com/crypto-could-give-london-a-unique-post-brexit-advantage-says-hammond/

Diamond claws: crypto trading hamster dies after outstanding investment career

The first hamster to become a crypto investment guru, Mr Goxx, has died of unknown reasons.

New cryptocurrency called ‘JRR Token’ blocked by lawyers for Lord of the Rings creator Tolkien

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El Salvador is building Bitcoin city at the foot of the volcano

Bitcoin city

Bitcoin’s long-awaited taproot upgrade is here

Bitcoin's long-awaited taproot upgrade has just hit the home network.Bitcoin’s long-awaited taproot upgrade has just hit the home network.

Krypto AM: features

Krypto AM: Spotlighthttps://www.cityam.com/bumper-set-to-fire-up-its-liquidity-provision-program-today/embed/

Crypto AM: Founder Series https://www.cityam.com/using-blockchain-to-overcome-the-challenge-of-universal-connectivity/embed/

Crypto AM: Industry voices https://www.cityam.com/the-unforeseen-reputational-risks-of-nfts-and-how-to-avoid-them/embed/

Krypto AM: Contributors

Crypto AM: In conversation with James Bowaterhttps://www.cityam.com/creating-a-future-of-access-to-financial-tools-for-everyone-with-meld/embed/

Crypto AM: Tomorrow’s Money with Gavin S Brownhttps://www.cityam.com/will-tesla-change-direction-on-bitcoin-again/embed/

Crypto AM: Mixing in the Metaverse with Dr. Chris Kacherhttps://www.cityam.com/the-metaverse-is-here-and-even-facebook-is-getting-on-board/embed/

Crypto AM: Visions of the Future, Past and Present with Alex Lightman https://www.cityam.com/e-naira-digitising-nigeria-improving-lives-and-advancing-national-infrastructure/embed/

Crypto AM: Tiptoe through the Crypto with Monty Munford https://www.cityam.com/ive-spotted-curious-similarities-between-bitcoin-and-the-taliban/embed/

Crypto AM: Get a byte out of digital assets with Jonny Fry

Jonny Fry takes a byte out of digital assets

Crypto AM: Parliamentary Special Offer

Part one of two – April 2021https://www.cityam.com/the-government-is-cautious-about-crypto-but-i-think-well-get-there/embed/

Part two of two – April 2021https://www.cityam.com/opening-our-eyes-to-financial-inclusion-for-the-good-of-the-economy/embed/

Five-part series – March 2021

Day one…https://www.cityam.com/financial-services-bill-time-to-act/embed/

Day two …https://www.cityam.com/financial-institutions-should-consider-appointing-ai-officers/embed/

Day three …https://www.cityam.com/dlt-may-not-be-the-silver-bullet-but-its-worth-a-shot/embed/

Day four …https://www.cityam.com/theres-a-real-prize-for-the-uk-to-lead-when-it-comes-to-distributed-digital-id/embed/

Day five …https://www.cityam.com/we-need-to-strap-a-rocket-to-the-governments-fintech-thinking/embed/

Krypto AM: Events

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Warning notices

It is certainly tempting to get carried away with the excitement, but please heed this warning: do your own research, invest only what you can afford, and make good decisions. Hopefully the indicators included in this article will help with that. However, do not forget The content of this article is for informational purposes only and does not constitute investment advice or any form of recommendation or invitation. City AM, Crypto AM and Luno always advise you to seek your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 8:00 AM BST

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