Cryto volatility rages on, Telegram aims for a huge ICO and Lyft says people are ditching cars. All that and more in The Daily Crunch for January 16, 2018.

1. All the cryptocurrency is tumbling

Maybe. By the time you ready this, it might have reversed curse and be on the way to new record highs. That's the crypto rollercoaster.

Still, to see all of them fall by double-digit percentages around the same time is not going to be easy for even the most stalwart investors to see. The question is, will values ever stabilize?

2. Meanwhile, Telegram's trying for a huge ICO to build the next big crypto platform

Seems like bad timing. Or is it good timing? Again, as I've said in past newsletters, I don't really understand any of this. But that doesn't mean it's not important to track.

3. Lyft says its users are slowly but surely ditching cars

Lyft is making big claims about the broad impact of its platform, and one of those is that around a quarter of a million of its users gave up their personal car last year thanks to the availability of ridesharing services. If that number picks up, we could have a trend on our hands.

4. Facebook is going to declutter Messenger

Messenger wanted to be a platform so bad it became a disjointed, tangled and complicated mess. Now, the Messenger will be streamlined to hopefully become a much better, well, messenger.

5. The Model 3 is going to get a lot more voice control

Tesla's Model 3 will eventually be able to understand just about anything you say to it, and translate that into action. That's what Tesla CEO Elon Musk told a Model 3 owner, after he suggested there's just too much going on with the Model 3's touchscreen infotainment display.

6. Uber will cap UK driver hours

Uber has been trying to play nicer with UK policy makers and transportation authorities after getting slapped last year. The company is now capping driver hours at 10, with a requirement that they then take a six hour beak before their next shift.

7. People spent more time in apps in 2017, but that growth is slowing

Eventually, hopefully it'll reverse. And then we'll remember parks, trees and streams.