22 Dec: Plea Deal of the Century!

"Be faithful in small things because it is in them that your strength lies."

 –Mother Teresa

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• Guggenheim's Scott Minerd, Fickle Bitcoin Forecaster, Dies After Heart Attack (

Welcome to Thursday Folks! Yesterday the most covered news of the day was about Core Scientific going bankrupt, PAXFUL dropping $ETH from it's platform, and the Indian Central Bank saying that Crypto should be banned because it can threaten the global financial infrastructure. 

Today, we are back to the FTX Fiasco as Caroline Ellison makes the plea deal of the century and possibly avoids a 110-year sentence. Pat Toomey is introduces the Stablecoin Trust Act as he exits congress as Stablecoins could surpass all major credit card networks in 2023. 

Meanwhile, Bitcoin remains stable under $17K and many are shocked it's not lower given all the crap that's happened in the market.  

Podcast of the Day: Bitcoin, Privacy, Randomness, Security & Consensus Mechanisms with Matthew Niemerg | The Charlie Shrem Show

Other Podcast

• BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard | Bitcoin Fundamentals
• Bitcoin Mining's Year In Review with Coin Metrics | The Mining Pod
• 2022: The Year In Review | Byron Gilliam | On The Margin
• Dec 21: Bitcoin Miners Are Shutting Down | Decrypt Daily
• Why Are a Dead Guy's Crypto Coins Moving? | The Breakdown
• The Queen of Scams with Jamie Bartlett | What Bitcoin Did
• SLP444 Mike Jarmuz - Is Bitcoin VC Fiat? | Stepan Livera
• Exchanges are counting on ‘proof-of-reserves’ to restore consumer confidence, says Bitstamp US CEO | The Scoop
• 2023 Macro Outlook with Joe Burnett & Mitchell from Blockware Solutions and Dr.Jeff - December 21, 2022 | Cafe Bitcoin
• #189: Ingo Rube on, CEO of KILT, on Blockchain Identity Protocol and Digital identification | CryptoNews

SOURCES

CRYPTO MARKET

• Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin (
• Interest In Bitcoin Actually Ballooned In 2022 Despite Crypto Winter, This Metrics Show (Bitcoinist
• Still bullish: 40% of survey respondents plan to buy crypto in 2023 (Cointelegraph
• Worldwide Bitcoin Adoption: Countries With Peak Google Search Interest in 2022 (
• How Regenerative Finance Is Bringing Sustainability to Crypto (
• Crypto Services Lose out to Traditional Finance Giants as Fallout Fears Increase (
• Coinbase Predicts Investors Will Flock to Two Crypto Assets in 2023 As Flight to Quality Catches On (
• Immunefi says it has facilitated $66M in bug bounty payouts to whitehats since inception (Cointelegraph
• The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors (
• 2023 Should Be the Year of On-Chain User Security (

• Binance at the Center of Drug Cartel Money Laundering Plot, Report Alleges (

• Bitcoin dips below $16.7K as US GDP meets fresh BTC price 'death cross' (Cointelegraph
• Bitcoin Is Leading Indicator for S&P 500, Past Data Show (
• Bitcoin low volume sparks BTC price warning as metric hits ‘value zone’ (Cointelegraph
• Bitcoin Correction Soon? MVRV Triple Ribbon Approaches Bearish Cross (

• Legendary investor B. Miller says Bitcoin at $17k after FTX’s collapse is ‘remarkable’ (
• SBF, Ellison Thought Bitcoin Would’ve Crashed More As FTX Caved (Blockworks

• British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations (
• Last Bitcoin Mining Refuge Is No Longer Viable (
• Crypto Miners Are Feeling The Pinch Of High Energy Prices And Slump In Crypto Prices (ZyCrypto
• How Much Power Does Bitcoin Network Consume? Here’s What Glassnode Estimates (Bitcoinist

• Frozen bank account triggers switch to Bitcoin salary for a whole year (Cointelegraph

• Is Ethereum in Danger? Supply Offset Drops Drastically: Details (
• Ethereum Creator Vitalik Buterin Names Four Reasons Why the World Needs Crypto Money (
• Talking Ethereum 2.0 With ConsenSys PM Matt Nelson: When Can ETH Validators Unstake? (CryptoPotato

USDT/USDC

• Stablecoin settlements can surpass all major card networks in 2023: Data (Cointelegraph
• Retiring U.S. Sen. Pat Toomey Introduces Stablecoin TRUST Act (

• XRP Whales Are Rapidly Accumulating As 2022 Comes to a Close, Says Crypto Analytics Firm Santiment (
• Machine learning algorithm sets XRP price for January 1, 2023: $.33 (
• Ripple Partner and MoneyGram Launch New Remittance Service in Cryptoglobe
• Ex-Ripple Director Says XRP LEDGER Smart Contracts in Development (
• Ripple-SEC Case Update: New Motions to Be Filed by Parties, Per New Scheduling Update (
• XRP Accepted as Payment by Top Dubai Real Estate Developer (

• Dogecoin In Freefall Following Musk’s Decision To Step Down As Twitter CEO (Bitcoinist
• Dogecoin (DOGE) Now Listed on Top European Crypto Exchange: Details (

• Machine learning algorithm sets Cardano (ADA) price for January 1, 2023: $.25 (
• $ADA: Cardano’s 2022 Highlights (Cryptoglobe

• Polygon’s zkEVM launched its second testnet, the last step before mainnet goes live (
• Brace for Another 22% Drop in the Polygon (MATIC) Price (
• Polygon (MATIC) Beats Network Record Amid Launch of Last Testnet (

FTX FIASCO

• Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ 'Fraud' Charges, Also Settle With SEC, CFTC (CointelegraphCointelegraph
• SEC Calls FTT Exchange Token a Security (Cointelegraph
• First Mover Americas: FTT Token at Center of New U.S. Charges in FTX Case (
• government says Bankman-Fried will depart Wednesday (
• FTX Creditors Hire Law Firm Paul Hastings as Representation (
• FBI agent involved in J.Belfort, B. Madoff cases explains how to prosecute Bankman-Fried (