⚡️According to ARK Invest By 2030, 5.6 billion people (65% of the world's population) will use digital wallets that will replace traditional banks and credit cards.
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#Bitcoin #NFTs push transaction fees on the blockchain to highest in over a year
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🔵 Ethereum's gas prices continue to rise, with a 29.27% increase in January 2023 due to increased user activity. The average gas price has gone from 19.2 gwei to 24.82 gwei.
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👀 Michael Saylor: FTX's meltdown was painful but necessary for the industry to grow up.
👉🏻 This is a common view among those in the industry, as it highlights the importance of having robust infrastructure and systems in place to handle high levels of volatility and trading volume❗️
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✖️ Ripple continues to actively buy back its XRP tokens on the market.
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🔵🥇 Twitter begins applying for regulatory licenses to introduce payments across the platform, which will "potentially" include Bitcoin and crypto.
👉🏻 Elon Musk and Twitter are going to lead crypto out of the bear market ⚡️
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U.S. citizens' savings are at a record low 👆
It's time for Americans to start austerity mode, which will reduce demand and accelerate the decline in inflation.And then the Fed will soften up...
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⚡️El Salvador mines BTC from volcanoes
The Tecapa volcano in El Salvador produces more clean geothermal energy than the local population can use
Mining bitcoin with additional energy helps reduce costs and balance the power grid 💰
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Tesla's Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million
Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem.
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🇺🇸 Bill to establish Bitcoin & crypto as a form of payment in state agencies has been introduced to the New York Senate.
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#Bitcoin is still a tiny fraction of world assets:
BTC
▓ $0.44T
Gold
▓▓▓▓ $11T
S&P 500
▓▓▓▓▓▓▓▓ $36T
Global Equities
▓▓▓▓▓▓▓▓▓▓▓▓▓ $110T
Global Debt
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $300T
Global Real Estate
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $325T
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⚡️Top 10 Blockchain Infrastructure Projects by Fully Diluted Market Cap
Ethereum leads, followed by BNB, and Aptos, which has shown significant growth in the recent days.
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Bitcoin's 7-day average hashrate has hit an all-time high of 300 EH/s!
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🆘 LocalBitcoins, a pioneering P2P trading platform, announces closure after a decade in operation.
👉🏻 Users have 12 months to withdraw funds before shutdown❗️
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Reporter: "Do you take any blame for inflation?"
President Biden: "Do I take any blame for inflation? No."
Reporter: "Why not?"
President Biden: "Because it was already there when I got here."
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🇳🇬🥇 Nigeria leads the world in Bitcoin adoption and sets new record of Google searches.
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⚡️ BTC's capitalization is now larger than that of any global bank. Bitcoin with a capitalization of $435 billion compared to banks:
Wells Fargo = $170 billion
ICBC = $219 billion
Bank of America = $267 billion
JP Morgan = $406 billion
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⚡️Top 15 Blockchains by 30D NFT Sales Volume
Ethereum💰 leads, followed by Solana 💰, Cardano 💰, and Immutable X. Worth noting, that Tezos (+102%), Ronin (+81.9%), and Solana (+74.4%) showed the highest 30-day increase in trading volume 📁
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MetaMask swaps peaked at $3B-$5B of volume per month, generating close to $0.5B in revenue since launch in late 2020 and averaging $1M+ a day during the bull run.
Source
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🏴 Some interesting statistics about $APT.
Top 20 holders of hold a total of 155,576,835 $APT($2.76B), accounting for 15.3% of the total supply, and accounting for 97.1% of the circulating supply.
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💰BTC UPDATE:
BTC looks good in shorter time frame. Breaks out from the bullish pennant like structure in 4hr time frame but still there is some resistance here. We need a close above this red box. Once we close above it, we are ready to go to test $24k-$25k level.
Keep an eye. Stay tuned and pin our channel at the top for more updates.
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