News updates December 10, 2021

1. US lawmaker purchases exposure to Bitcoin through Grayscale shares

Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN shares.

Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.

2. According to Bloomberg Intelligence, $100,000 Bitcoin (BTC) and $2,000 gold could greet 2022 as global markets face

In a tweet on Dec. 9, Mick McGlone, a senior commodity strategist at Bloomberg’s research arm, forecast that next year would be good for both gold and BTC.

3. Kazakhstan to decide whether to launch CBDC by late 2022

Kazakhstan, one of the world’s largest countries in terms of Bitcoin mining hash power, is continuing to explore a potential central bank digital currency 

 The National Bank of Kazakhstan has completed a prototype of a digital tenge platform, governor Erbolat Dossayev announced.

4. Great news for $btc today! Falling wedge pattern estimates it will hit $57k between 12th-17th December. Buy the low at $48k or breakout at $50k with a stop loss at $47k.