Week in review: December 24, 2021 – Happy Holidays from the ALT 5 Team!

Written by ALT 5 Sigma
on December 27, 2021

In this week’s newsletter:

  • ALT 5 Sigma wishes you and your family Happy Holidays and all the best for 2022
  • ALT 5 Sigma announced yesterday that it has formed an exclusive partnership with crypto-friendly banking solution, BankLine.
  • Analysts give their top predictions for crypto in 2022.

Read our weekly round up below.

ALT 5 Sigma and BankLine Announce Partnership to Bring Digital Asset Platform to Bitcoin ATMs

AccessWire | December 23, 2021

ALT 5 Sigma announced today it has formed an exclusive partnership with BankLine, the only crypto-friendly banking solution that offers a portfolio of redundant depository institutions willing to serve the varied needs of the crypto industry.

From a Bitcoin Crash to Regulatory Crackdowns: Analysts Give Their Top Predictions For Crypto in 2022

CNBC | December 22, 2021

It’s a year that’s seen the first major crypto company go public with the debut of Coinbase in April, increased participation from Wall Street banks like Goldman Sachs, and the approval of the first U.S. exchange-traded fund linked to bitcoin.

Bitcoin Climbs To US$51,000, Highest in More Than Two Weeks

BNN Bloomberg | December 23, 2021

Bitcoin rose to about US$51,000 and touched the highest level in more than two weeks, buoyed by wider positive sentiment in financial markets. The largest cryptocurrency has advanced some 4 per cent over the past two days and at one point reached US$51,524 on Friday in Asian trading. Ether, the second-largest token, was near US$4,100.

This Week in Crypto: Downward Momentum Eases

TipRanks | December 19, 2021

Nearly every major cryptocurrency that briefly bounced back from the prior week’s losses has since retreated from earlier gains to trend horizontally. Even though fear has encircled the market to an extent, the latest FOMC decision may trigger some relief for bulls.

Pro-Bitcoin Senator Lummis to Propose New Crypto Regulator

Decrypt | December 23, 2021

Senator Cynthia Lummis (R-WY), a member of the Senate Banking Committee and one of only two sitting senators to hold Bitcoin in her portfolio, plans to introduce a bill that would drastically alter the legislative and regulatory landscape for crypto, according to a report today from Bloomberg.

Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack

Bitcoin.com | December 24, 2021

Decentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today.

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