💰BTC UPDATE:
BTC is going pretty well so far. Holding above $22.5k level and turned it into support which is previously a big resistance. As long as, BTC holds above $22.5k level we can expect another rally up to $25k level.
Tomorrow is weekly closing, if we get a weekly close above $22.8k then it would be much better for BTC and Alts. Let's see how this goes. Will keep updating you. Stay tuned and pin our channel at the top.
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💰BTC is going exactly as we expected.
Currently at the big resistance of $22.5k level. Will wait for the daily close. If we get a daily close above $22.5k then $24k-$25k is next stop. Will post a fresh chart after daily close. Stay tuned.
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Chainalysis estimates that ransomware attackers extorted at least $456.8 million from victims in 2022, down from $765.6 million the year before.
Source
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🥇 Google searches for "how to buy bitcoin” in the United States 🇺🇸 and Nigeria 🇳🇬 show an incredible difference.
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🟠 Binance will delist BeamPrivacy $BEAM at 2023-01-26 09:00 UTC.
Beam is a scalable, private cryptocurrency based on both the MimbleWimble and LelantusMW protocols.
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NFT sales volume rebounded significantly in December, finally breaking the downward trend. Blur recorded double the volume of OpenSea during the period.
Source
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⚡️Glassnode: The current cryptocurrency growth is as close as possible to bitcoin's spring 2019 reversal
The price must exceed $22,400 to confirm local growth 💰
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🇮🇷🇷🇺The Central Bank of Iran (CBI) is collaborating with the government of Russia to launch a stablecoin backed by gold.
👉🏻 The goal of this new stablecoin is to enable cross-border transactions instead of fiat currencies, such as the U.S. dollar❗️
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🥇 1 BTC = $21300
👉🏻 Bitcoin hasn't seen this much volume on a move up in nearly 2 years 📈
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⚡️An animation showing how many days Bitcoin's market capitalization has spent in each price range
💭So far, we have spent most of our time between $100 billion and $1 trillion 💰
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💰Bitcoin markets display a fascinating and bizarre level of consistency between cycles.🧐
In the 2018-29 bear, $BTC traded below the 200DMA 🔵 for 386-days.
With last weeks rally, $BTC is back above the 200DMA, having spent 381-days trading below it.
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🟢USDT Dominance Update:
The USDT dominance has been continuously rejected from the higher levels and till now it has not shown any sign of recovery. If the rejection continues to drop then we can expect USDT.D to even reach close to 4.9%. This will surely be a good thing for BTC and the altcoins.
For now, the USDT.D has support at the 6.4% to 6.5% level and if it has to bounce back then this could be the level from where we can expect a bounce back. Other support levels for dominance are 5.6% to 5.8% and 4.8% to 5%.We hope that this update was helpful for you all. Stay tuned.
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₿REAKING: Samsung's #bitcoin wallet is now available in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.
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🆘 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
Source
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JUST IN: 🇺🇸 US national debt reaches an all-time high of $31.41 trillion.
Government interest on debt through Q3 when the Fed funds rate was still at 3.08%. It is 4.33% now and they insist they want to raise to 5%+.
Trillions in debt will also have to be refinanced at higher rates in 2023 and 2024.
There is a math problem in there somewhere.
ETH|BTC|News
🥇 Bankers and regulators at WEF event in Davos show concerns about Bitcoin and crypto adoption and call for "urgent" regulation.
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🚨 United States DOJ takes action against Bitzlato after arresting the CEO in Miami on Tuesday, Jan. 17, for charges of money laundering, ransomware attacks, and more.
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🇪🇺 $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
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🟠 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).
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⚡️Top 15 stablcoins by market capitalization
Top 5 stablcoins hold 87% of the entire stablcoin market capitalization - U.S. Department of Commerce Institute 💰💰💰
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Bitcoin is trading above $20k for the first time since Nov. 8th. Trade volumes have soared, reaching their highest levels since the FTX collapse.
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The BTC fear and greed index shows the maximum values for the last 6 months 👆
The idea of a crypto market reversal is becoming more and more popular...
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