Bitcoin Insights

30 January 2023 18:26

Musk Has Said He Wants Twitter Payments to Be Fiat, but Built So That Crypto Functionality Could Be Added

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

28 January 2023 14:17

💰 An interesting fact is that CME institutionals have almost completely closed all their short positions and continue to accumulate longs.

➡️ @Bitcoin_Insights

Bitcoin Insights

28 January 2023 11:12

💰 Bitcoin network has settled $339 billion of BTC  in the first three weeks of 2023

➡️ @Bitcoin_Insights

Bitcoin Insights

27 January 2023 20:49

‼️ White House Cryptocurrency Roadmap:
• They want to stop institutions from buying 💰 Bitcoin

That's why the SEC rejects Bitcoin ETF applications.

➡️ @Bitcoin_Insights

Bitcoin Insights

27 January 2023 13:03

🆘 Highest spike in 💰 Bitcoin outflows from Spot Exchange since December 2022. -7,313.64 BTC ($168,757,781.67) in outflows.

➡️ @Bitcoin_Insights

Bitcoin Insights

25 January 2023 16:36

🥇 Bitcoin is the best performing asset in the world this year

🔗 Goldman Sachs

➡️ @Bitcoin_Insights

Bitcoin Insights

24 January 2023 12:42

🇪🇺 EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto

The European Parliament's Economic and Monetary Affairs Committee voted to impose strict restrictions on banks seeking to hold crypto.

“Banks will be required to hold a euro of own capital for every euro they hold in crypto," Markus Ferber, the economic spokesperson for the parliament's largest political grouping, said in a statement. “Such prohibitive capital requirements will help prevent instability in the crypto world from spilling over into the financial system.”

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

23 January 2023 15:03

🥇 Bitcoin just closed UP 3 weeks in a row for just the 2nd time since October 2021.

👉🏻 The last trend was broken by the FTX fraud, Bitcoin has bounced back to higher prices now.

➡️ @Bitcoin_Insights

Bitcoin Insights

20 January 2023 22:24

🥇 Samsung's #bitcoin   wallet is now available in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.

➡️ @Bitcoin_Insights

Bitcoin Insights

20 January 2023 11:19

🇺🇸 Total debt: $31.4 trillion

Annual interest paid on debt: ~$1.2 trillion by 2024.

Annual tax revenue: $4.9 trillion

Annual Deficit: $1.4 trillion Loss
Projected 2023 Deficit: Over $2 trillion

The debt will continue piling up to 200% debt to GDP.

The Fed will have to eventually do yield curve control to keep the interest expense from consuming all tax rev.

The likely course of action is for the Fed to copy Japan. Take rates down to 0% again and let all of the debt rollover at yields between 0% to 1%.

That eliminates most of the interest expenses of the govt within a few years.

➡️ @Bitcoin_Insights

Bitcoin Insights

19 January 2023 13:39

🥇 Bankers and regulators at WEF event in Davos show concerns about Bitcoin  and crypto adoption and call for "urgent" regulation.

👉🏻 They're scared❗️

➡️ @Bitcoin_Insights

Bitcoin Insights

17 January 2023 17:06

🇪🇺 $9 billion European bank N26 will launch 🥇 Bitcoin  trading for millions of customers in 5 more EU countries

N26 said it would provide the service for customers in Belgium, Germany, Switzerland, Portugal and Ireland.

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

16 January 2023 11:24

🥇 Bitcoin's mining difficulty has increased by +10.26%, hits new all-time-high.

➡️ @Bitcoin_Insights

Bitcoin Insights

13 January 2023 16:24

🥇 Africa's oldest National Park is mining Bitcoin  to survive loss of revenue amid disease outbreaks and guerrilla attacks 🇨🇩

If it wasn't for Bitcoin, "we would have gone bust" - Virunga National Park Director 🙌

Full Article:
Gorillas, militias, and Bitcoin: Why Congo’s most famous national park is betting big on crypto

➡️ @Bitcoin_Insights

Bitcoin Insights

10 January 2023 15:31

⚡️Gemini co-founder says $2.8 billion Genesis "defrauded" Gemini and over 340,000 of their users.

👉🏻 Take your Bitcoin off exchanges! 🥇

➡️ @Bitcoin_Insights

Bitcoin Insights

30 January 2023 15:13

🪙 Nigeria's Bitcoin market skyrockets with a 63% premium ($37,869).

This demand comes just weeks after the Central Bank's cash withdrawal restrictions.

The country now leads the world in "Buy Bitcoin" searches.

➡️ @Bitcoin_Insights

Bitcoin Insights

28 January 2023 12:56

Billionaire Barry Sternlicht: "This year, the government will have to pay 4.5% interest on its debt (as opposed to 0.1%-2%), that means an interest expense of over $1 trillion! If it keeps going up, you have the Weimar Republic... who's going to buy our paper?"

➡️ @Bitcoin_Insights

Bitcoin Insights

27 January 2023 21:08

🪙 YTD Performance

➡️ @Bitcoin_Insights

Bitcoin Insights

27 January 2023 19:26

💰 Monthly Bitcoin bull rallies of around 39% or greater have only occurred 10 times since 2014.

On average, these rallies have seen continued positive forward performance over the next year.

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

26 January 2023 13:46

🥇 🇮🇷 Bitcoin market cap surpasses GDP of Iran.

➡️ @Bitcoin_Insights

Bitcoin Insights

24 January 2023 21:03

🥇 Edward Snowden: Bitcoin and Lightning make global money transfers "borderless, instant and free".

➡️ @Bitcoin_Insights

Bitcoin Insights

23 January 2023 17:01

Someone illuminated a massive 🥇 Bitcoin logo on Berlin’s TV tower

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

22 January 2023 14:52

🥇 Whales aggressively started the 2023 year!

More than 70,000 BTC that worth ~$1.4B were accumulated by whales’ wallets over the recent 2 weeks.

➡️ @Bitcoin_Insights

Bitcoin Insights

20 January 2023 18:14

🇺🇸 Miami Mayor: High inflation, debt and Fed manipulation "scream for investing in things outside the fiat system."

"It's no wonder to me that 🥇Bitcoin  is up 30% this year" 🙌

➡️ @Bitcoin_Insights

Bitcoin Insights

20 January 2023 07:55

🚨 Genesis Crypto Lending Businesses Files for Bankruptcy.

Names among Genesis creditors:

• Gemini: $765m
• Mirana (Bybit?): $151m
• Moonalpha (Babel): $150m
• Coincident Cap (Mex/Finex Leaderboarders): $110m
• Decentraland: $55m
• VanEck: $53m
• Abra: $30m
• Cumberland: $18m
• Stellar Foundation: $13m

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

18 January 2023 17:34

🚨 U.S. JUSTICE DEPARTMENT SAYS IT TO ANNOUNCE AN INTERNATIONAL CRYPTOCURRENCY ENFORCEMENT ACTION

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

17 January 2023 16:09

🟠 Binance has burned $617M worth of BNB on its 22nd Quarterly Burn.

Binance has completed its 22nd quarterly $BNB token burn of 2,064,494 tokens (~$617.7M equivalent). The latest quarterly burn includes the actual burning of 7,181.03 $BNB that was effectively burned via the Pioneer Burn Program. There is a total of 42,813,093 BNB tokens burned (worth approx. $12.8B at current rate).

🔗 Link

➡️ @Bitcoin_Insights

Bitcoin Insights

14 January 2023 02:45

🥇 Bitcoin is currently trading around $21k

For the past 3 hours, someone(s) just bought ~$4B worth of $BTC futures in market orders, and $87M short positions liquidated across all exchanges.

➡️ @Bitcoin_Insights

Bitcoin Insights

12 January 2023 09:19

📉 The Savings Rate just collapsed down to 2.2%, the lowest level ever.

Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC. Expect a big decline in consumer spending in 2023.

➡️ @Bitcoin_Insights

Bitcoin Insights

10 January 2023 10:35

🟠 Binance annual revenue grew 10x over the past two years. It was around $12B in 2022.

💰 Huobi’s quarterly revenue dropped -98% since 2021 Q2.

➡️ @Bitcoin_Insights