BitDigest December 22 · Issue #809
Dec 22, 2020
Author
- Crypto marketcap remains flat as bitcoin inches back to $23,000
- The Head of the Bank of Russia does not believe a digital ruble will threaten the domestic banking system
- Ripple says that the SEC is planning file a law suit against the digital payments company for issuing unregistered securities
Crypto Fear and Greed Index
The Fear & Greed Index for bitcoin and other large cryptocurrencies dropped 3 points falling below 90 for the first time since bitcoin broke back above $18,000 10 days ago. Investors are pointing to year end profit taking, this week’s expiration of the largest amount of open bitcoin future contracts (see below), and news of the expected SEC lawsuit against Ripple (see below) as grinch-like reasons to damper sentiment in the short-term.
