Daily Dose of Crypto

• Bitcoin dominance: 41.55% (+0.30%)
• Cryptocurrency market cap: 2.279 Trillion Dollars (+1.16%)
• BTC average transaction fee: $1.510 ( -11.16%)
• ETH average gas Price: 65.95 Gwei (-15.82%)

• Binance’s Singapore entity plans to withdraw its application for a crypto license in the city-state, and will expel local users by Feb. 13, 2022, the exchange said on Monday.

• The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information about the mainstream adoption of Bitcoin and redistribution of 500 BTC among the Indian citizens.

• Crypto exchange AscendEX — formerly known as BitMax — has been hacked for an estimated $77.7 million.

• The International Monetary Fund issued a call for a "comprehensive, consistent and coordinated" global policy front on cryptocurrency this week.

• Soft drink manufacturer Pepsi, under its parent company PepsiCo, announced on Thursday that it is releasing a collection of 1,893 non-fungible tokens (NFTs) on December 14.

• South Africa’s financial regulatory watchdog plans to introduce crypto regulations in 2022, according to Bloomberg.

• According to a report published by Grayscale Investments on Monday, more than one-quarter of U.S. investors surveyed (26%) said they already own Bitcoin. Out of this group of owners, 46% and 44% also jointly held Ethereum and Dogecoin in their accounts, respectively.