BTC to $115K in August? 🙏

...And Extortion Emails: What To Do 😖 Mon. Jan 18, 2021 "Given a 10% chance of a 100 times payoff, you should take that bet every time." 🤑 - Jeff Bezos Market Activity Total Market Cap $1.01T (+0.17%) 24 Hour Volume $111.81B (-10.90%) Notable Movers Neo [(NEO)]( Bitcoin Dominance 66.18% (-0.03%) Bitcoin Price $35,893.10 (+0.63%) Cointelegraph says a thermocap metric shows [Bitcoin]( price is still in the "low end" of the bull cycle — but warns a possible bearish scenario could send the world’s biggest cryptocurrency tumbling to $27,000. CoinDesk argues that commentators and analysts who say Bitcoin is in a bubble don’t understand what the term means, adding that BTC is struggling to recover after the biggest weekly price loss since September. The Weekend News 🚨 Learn all about crypto at [Alexandria]( your new online crypto source! [‘Bitcoin Will Hit $115K in August’]( 💰 Pantera Capital claims that [BTC]( is on track to hit $115,000 in August — with prices set to rise by about $10,000 a month between now and the summer. Dan Morehead acknowledged that the targets may sound ludicrous — but argued that $5,000 a coin once sounded crazy too. [Click here to find out how it believes Bitcoin’s price will grow over the next eight months.]( [Seriously Scary Extortion Emails]( 📧 Last week, victims of the Ledger data breach revealed they had been sent threatening emails that warned the safety of their families was at risk unless they paid about $10,000 in [Bitcoin](. "I hope you do not ruin every little thing for yourself by making the wrong choice," one line read. [Here are five things you should do if you receive one of these messages.]( [Livecoin is Shutting Down]( 🚫 The Russian crypto exchange Livecoin has announced it is shutting down for good — admitting that its service has been "damaged hard" technically and financially by a Christmas Eve breach. The company stressed remaining funds will be distributed among clients. More than 106 [BTC]( 380 [ETH]( stolen by hackers in the "carefully planned" attack. [Read more.]( [Gary Gensler Confirmed at SEC]( ✅ Joe Biden has confirmed Gary Gensler will be taking over as chairman of the U.S. Securities and Exchange Commission. While Gensler has spoken out in favor of digital assets, he has made repeated calls for greater regulatory oversight of the crypto sector in recent months. Unfortunately for Ripple, he also maintains that [XRP]( is a security. [Read more.]( Poll of the Day 📣 According to the latest newsletter from Pantera Capital, [Ether]( is undervalued relative to [Bitcoin]( — with analysts claiming there’s going to be "a lot of positive pressure" on ETH prices in 2021. So, our question is this... On a scale of 1-5 (5 being definitely,) do you believe that ETH is undervalued right now? [Rate 1-5]( What You Said 🔊 Previously on the CoinMarketCap newsletter, we asked you this… On a scale of 1-5 (5 being definitely,) would global regulation be bad for [Bitcoin]( Thanks for all your responses — 22% of you believe that global regulation would be disastrous for BTC. Here’s what you had to say… One Bitcoin devotee writes: "It does fine without government involvement." 👎 Others question the practicalities of regulation, and argue it wouldn’t work: "It’s not possible." ❌ Another reader who’s against Christine Lagarde’s proposal argues: "Regulation goes against the Bitcoin concept and the reason it was launched in the first place... a total sellout." 😭 Not everyone hates the idea: "It's good for BTC to be regulated as it will reduce its high volatility and increase investor confidence." 💪 And the last word goes to this reader: "Bitcoin will always be free of government control, so the people who need it most like unbanked will be able to use it no matter what. Regulation will add a level of security for traders, find ways for people to get their lost bitcoin back, and so on. You need a little bit of both, freedom and regulation, the hard part is finding the perfect mix of the two." 🚀 Take a quiz! Earn $GRT and $SAND Tokens Learn about one of the most popular DeFi projects The Graph and [Sandbox]( Watch the series, complete quizzes & learn how you earn more with your digital assets.* [Learn More]( (Not available in certain countries, check FAQ for details) Crypto Deep Dive 🏊 And last but not least, it’s time for a deep dive into one of the projects making waves in CoinMarketCap’s rankings. This week, [Polkadot]( in the spotlight after a dramatic rise of 122% in the past seven days — overtaking [XRP](. This digital asset has a market cap of $15,097,578,527, making it 4th in our rankings. The gist of it 📖 - Polkadot makes a wide range of blockchains interoperable with each other - Sharding is used to improve scalability, with transactions processed on several chains at once Why people love it 😍 - Custom blockchains are quick and easy to develop, and Polkadot can be automatically upgraded without the need for a fork - Supporters believe DOT can help prevent fragmentation in the blockchain industry and fuel adoption going forward Why people doubt it 🤔 - There are concerns that this price hike is unsustainable and DOT may be overvalued - Although some say Polkadot is an "Ethereum killer," it remains far smaller than the No. 2 blockchain — in terms of market cap and the number of transactions processed Thanks for reading! Have a great day — more news tomorrow! 👋 😍 our newsletter? 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