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Insights and Breaking News on Bitcoin and the whole crypto/finance ecosystem. Buy ads: https://telega.io/c/Bitcoin_Insights ➡️@Bitcoin_Insights Admin: @BitcoinInsightsAdmin (We never send direct messages first) Partner: @Cryptocurrency_Inside

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Bitcoin Insights

❗️Longest 🥇 Bitcoin Bear Market Ever: 👇

2011 Bear Market (163 days)
June 8th, 2011 - Nov 18th, 2011

2013-2015 (406 days)
Dec 4th, 2013 - Jan 14th, 2015

2017-2018 (364 days)
Dec 16th, 2017 - Dec 15th, 2018

2021-2022 (426 days)
Nov 8th, 2021 - Jan 8th, 2023

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🇺🇸 Judge rules that Celsius users gave up legal rights to their BTC by using the platform and all the $4.2 billion of crypto deposits are now property of Celsius.

Take your 🥇 Bitcoin  off exchanges!

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WEF says that 🥇 Bitcoin  has "harmful effects" and there should be "responsible actors encouraging responsible use" of it.

So they're advocating for CBDCs instead 🤡🤡🤡

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Hard money vs Easy money... Who's going to win in the long run?

❤️ = The🥇 Bitcoin Standard
🤮 = The Fiat Standard

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🚨 Gemini is now publicly calling out Barry/DCG, saying total owed is nearly $1.7B and that Barry hasn't been cooperating on a resolution.

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👀 BlackRock Lends Money to Bankrupt Bitcoin Miner Core Scientific

Blackrock Inc. is among a group of creditors that lent money to Bitcoin miner Core Scientific Inc. so it can continue to operate while it’s in bankruptcy, according to a filing from the asset manager. 

BlackRock has committed $17 million of a debtor-in-possession loan through funds and accounts managed by its subsidiaries. The funds managed by the firm also held $37.9 million in secured convertible notes of Core Scientific as of Dec 28, according to the filing.

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💰 1 Year SOL chart

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🇷🇺 Former Russia President: "The Bretton Woods system will collapse. Euro and Dollar will stop circulating as global reserve currencies."

#Bitcoin  😉

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📉 $9.6 Trillion-Asset Manager Fidelity Files Trademark Applications For An Nft #Marketplace And #Crypto Trading Services.

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💰 Bloomberg out here estimating that 900 million people regularly make crypto transactions

(Personally, I think the estimates are too high)

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📁 Cryptocurrencies with the HIGHEST INFLATION

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👉🥇 Twitter implements Bitcoin & financial charts for cashtags ($BTC) in search.

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📱Mercedes-Benz has filed NFT, Metaverse and crypto trademark applications.

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🥇 The Lightning Network Ecosystem

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🥇 BTC drawdowns from the maximum per cycle

🗣Each cycle the maximum drawdown decreases in percentage equivalent.

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🚨 Inflation rate Update:

Argentina 🇦🇷 92.4%
Turkey 🇹🇷 84.39%
Russia 🇷🇺 12%
Italy 🇮🇹 11.8%
UK 🇬🇧 10.7%
Euro Area 🇪🇺 10.1%
Germany 🇩🇪 10%
Netherlands 🇳🇱 9.9%
Mexico 🇲🇽 7.8%
USA 🇺🇸 7.1%
France 🇫🇷 6.2%
Brazil 🇧🇷 5.9%
India 🇮🇳 5.88%
Spain 🇪🇸 5.8%
Japan 🇯🇵 3.8%
Switzerland 🇨🇭 3%
China 🇨🇳 1.6%

(Official data from Government real inflation could be a lot higher)

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🇨🇭 Switzerland’s City of Lugano says citizens and visitors can now live there using only 🥇Bitcoin as "hundreds" of merchants accept BTC .

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🚨 BREAKING: Sam Bankman-Fried pleads not guilty to all charges in #FTX fraud case.

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⚡️Today is the 14th anniversary of the launch of the Bitcoin network

On January 3, 2009, a person or group of people under the alias Satoshi Nakamoto launched the main network and mined the genesis block. The hash contains the headline of the article "Chancellor on brink of second bailout for banks" 📁

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⚡️Leaders of cryptocurrency inquiries for 2022 in America and worldwide

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🆘 Elon Musk Faces Margin Call on Loan Used to Purchase Twitter

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Link

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🥇 MicroStrategy increases bitcoin holdings by 2,500 and now holds 132,500 BTC

MicroStrategy announced the purchase of 2,500 BTC, holding a total of approximately 132,500 bitcoins as of December 27, at a price of approximately $4.03 billion, with an average price of approximately $30,397 per bitcoin.

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⚫️ Mango Markets exploiter arrested on fraud charges.

U.S. prosecutors have reportedly filed criminal charges of commodities fraud and manipulation against Avraham Eisenberg for trying to steal $110 million in October by rigging the Mango Markets cryptocurrency exchange.

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109 years ago today, the Federal Reserve was founded.

Since then, the US dollar has lost over 96% of its value.

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👀 Breaking: NBC News reports that #FTX founder SBF will be released on $250 million bail.

“FTX founder Sam Bankman-Fried is set to be released on $250 million bond and placed under house arrest at his parents’ Palo Alto home following his first court appearance in Manhattan federal court Thursday.”

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👀 Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud

Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.

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Amazon is the first company in history to have a one Trillion dollar drop in market cap.

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Only one year difference

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🆘 BlackRock says get ready for a recession unlike any other and 'what worked in the past won't work now'

"Recession is foretold as central banks race to try to tame inflation. It's the opposite of past recessions," they said. "Central bankers won't ride to the rescue when growth slows in this new regime, contrary to what investors have come to expect. Equity valuations don't yet reflect the damage ahead" according to BlackRock.

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⚠️ Mazars is pausing all work for crypto clients, including proof of reserves reports

According to Bloomberg, the auditor Mazars has suspended all services including proof of reserves for cryptocurrency exchanges, and its clients include Binance KuCoin Cryptocom and others. The AUP engagement provided by Mazars is widely misused as an “audit”.

Another audit firm, Armanino, is ending its crypto audit practice and dropping clients, Forbes reported. Armanino is auditor for FTX and OKX, Gate. Armanino was named in a class action lawsuit for its audit work at FTX.

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