While stocks continued Friday's downward trend Monday, Bitcoin and other cryptocurrencies remained relatively steady, though Bitcoin is currently struggling to stay above the $17,000 support. As markets remain unpredictable, this is a great time to follow the lead of many other investors buying into successful presales to get in on the ground floor of some very promising projects. More on this below.

A second powerful moment occurs when the same user is introduced to a block explorer, looks up their address and sees that same transaction there on the blockchain for all to see.

The decreasing outflow volumes across short-Bitcoin products could be an indication of improving fundamentals as opportunistic investors rush to buy the dip. 

As many as 1,200 old <a target="_blank" href="https://cryptonews.com/coins/bitcoin/">bitcoins</a> from dormant addresses have moved in the days since the collapse of <a target="_blank" href="https://cryptonews.com/tags/ftx">FTX</a>, with activity picking up further in the past few days.

Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network.

El Salvador President Nayib Bukele called a Bloomberg report on its bitcoin experiment “full of lies.” The crypto community largely seems to agree with him.

Bitcoin opened the week at around $17,200 on global optimism that China is easing its COVID-19 restrictions that have slowed down its&nbsp;economy.

According to Data Analytics’ tweet on 2 December, the amount of <a href="https://ambcrypto.com/?s=wrapped+bitcoin">Bitcoin Avalanche Bridged [BTC.b]</a> on <a href="https://ambcrypto.com/?s=avalanche">Avalanche [AVAX]</a> surpassed that of the <a href="https://ambcrypto.com/?s=Ethereum+network">Ethereum network</a>. This development suggested that users may have spotted new opportunities on the Avalanche network and have showcased their faith in the protocol.

On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile, called “Onesignature,” shared a signed message tethered to an extremely old block reward created on Jan. 19, 2009. The key was associated with bitcoin block 1,018 which was created 16 days after Satoshi Nakamoto launched the network.

Bitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin.