Welcome to
If this was forwarded to you, sign up here.>$4 Plus, download Insider's app for news on the go – click here for iOS>$4 andhere for Android>$4.
Let's jump in.
1. Unrest in Kazakhstan is rattling the bitcoin market. Violent protests erupted after the Kazakhstan government removed a price cap on liquefied petroleum gas last week. The nation's entire internet went offline — $4.
Hash rate is a key measure of how much computing power is required to support and create bitcoin, and it also plays a role in the token's security protocol. When $4 last year, Kazakhstan became the world's second-largest hub behind the US.
"The hash rate is not directly correlated to the price of bitcoin, but it gives an indication of the network's security, so a fall can spook investors in the short term," Marcus Sotiriou, an analyst at digital asset broker GlobalBlock, said in a note.
On Friday, bitcoin slipped to a three-month low. Nicholas Cawley of DailyFX said that the world's largest cryptocurrency was nearing another $4.
The political turmoil in Kazakhstan and the Fed's hawkish stance coming into this year have catalyzed a sell-off in risk assets like cryptocurrencies and other more-volatile investments.
During the bitcoin bear market, data from CoinMarketCap showed that $4 as more popular cryptocurrencies dipped into the red.
2. A bit of stability is creeping back into the Dow after the US jobs miss. But stocks are looking somewhat downbeat more broadly as focus turns to Powell's Senate hearing and CPI inflation data later this week. $4.
3. Goldman Sachs named its stock picks for 40% returns in 2022. The bank said certain stocks have the potential for market-beating returns, well beyond the 7% the S&P 500 is likely to deliver. $4
4. Earnings on deck: Tilray, Yanbu National Petrochemical, and Jabal Omar Development, all $4
5. An Oregon man is going to jail after buying 15,740 shares of Tesla with pandemic relief funds. Andrew Lloyd pleaded guilty to all three charges and was sentenced to four years in federal prison. $4.
6. Billionaire Ray Dalio said Fed rate hikes won't derail the economy. Dalio said tightened monetary policy does, however, make speculative stocks more vulnerable. $4
7. The cheapest piece of metaverse land you can buy is about $11,000. Virtual land has become an increasingly hot commodity. $4
8. Shark Tank's Kevin O'Leary has big expectations for NFTs. They could serve as a method of authentication for items like watches and cars, O'Leary explained. $4
9. This 32-year-old earned $1 million from 67 JPEG NFTs he created from his bedroom while in lockdown. He broke down the steps and software he used to create his art and mint the NFTs— $4
10. Former BlackRock stock chief Bob Doll broke down his market outlook for 2022. With a much more uncertain outlook this year, the 30-year market veteran shared his best ideas for where to put your money — $4
Event invite: Join Insider's multi-session editorial conference $4 presented by Adobe, for a discussion on the monumental changes happening in the workplace and how smart leaders are navigating these transitions. $4
Compiled by Phil Rosen. Feedback? Email prosen@insider.com or tweet $4.
Sign up for more Insider newsletters here>$4.