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Bitcoin battles 2-month resistance amid โ€˜most hatedโ€™ stocks rally

Risk assets surge higher after U.S. inflation data, but belief in a sustained uptrend emerging is hardly anywhere to be seen. โ„น๏ธ

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๐Ÿ‘7๐Ÿ”ฅ1
UNCTAD takes aim at crypto in developing world in a series of critical policy briefs

The UN organization is urging countries with emerging economies to implement regulation to head off the potentially destabilizing influence of cryptocurrency. โ„น๏ธ

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๐Ÿ‘6๐Ÿ”ฅ3
Here are Bitcoin price levels to watch as BTC dips 5% from highs

Familiar support zones are back on the radar after $25,000 proves too much for Bitcoin bulls. โ„น๏ธ

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Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024. โ„น๏ธ

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๐Ÿ”ฅ6๐Ÿ‘2
Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including minersโ€™ revenue in dollars, network difficulty and hash rate.

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Ethereum hits 8-month highs in BTC as money heads for 'riskier' altcoins

Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022. โ„น๏ธ

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Bitcoin hits $25K as bearish voices call BTC price 'double top'

A casual dash over the $25,000 mark is fully retraced as weekend trading produces some classic volatility. โ„น๏ธ

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๐Ÿ‘5๐Ÿ”ฅ2
Bitcoin price corrects after hitting a wall at a multi-month descending trendline

โ€œUp onlyโ€ Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline. โ„น๏ธ

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Expansion of short-term BTC holders suggests 'final flush' of sellers

Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place. โ„น๏ธ

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๐Ÿ‘6๐Ÿ”ฅ2
Newly built Miami residential tower becomes bridge between cryptocurrency and real estate

For better portfolio diversification, cryptocurrency can now be used to purchase real estate in Miamiโ€™s desirable luxury market.

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๐Ÿ”ฅ7๐Ÿ‘1
Bitcoin price sees firm rejection at $24.5K as traders doubt strength

$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ether are quickly extinguished. โ„น๏ธ

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๐Ÿ‘6โค2
European Central Bank addresses guidance on licensing of digital assets

Specifically, the ECB will consider crypto firmsโ€™ business models, internal governance, and โ€œfit and properโ€ assessments which apply to licensing other companies. โ„น๏ธ

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๐Ÿ‘6โค2
Aussies buy fuel and chips with crypto across 175 fuel outlets

Commenting on the rollout, Cryptocomโ€™s Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia. โ„น๏ธ

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Options data shows Bitcoinโ€™s short-term uptrend is at risk if BTC falls below $23K

BTCโ€™s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure. โ„น๏ธ

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๐Ÿ‘6๐Ÿ”ฅ3
Crypto market bloodbath leads to over $500M in liquidations in 24 hours

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. โ„น๏ธ

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๐Ÿ‘7๐Ÿฅฐ2
Someone transferred $108,000,000 in #Bitcoin and paid a fee of $7.23.

Thatโ€™s a transaction fee of 0.00000006694%

No government bank or third party had to verify the transaction, nor could they have STOPPED IT, if they wanted to.

This is CRYPTO โค๏ธโ€๐Ÿ”ฅ

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๐Ÿ”ฅ7๐Ÿฅฐ2
3 reasons why the Bitcoin price bottom is not in

Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead. โ„น๏ธ

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๐Ÿ‘6๐Ÿ‘2
South African Reserve Bank encourages friendly behavior with crypto

The banking authority said avoiding risk by cutting off crypto-involved clients may pose a โ€œthreatโ€ to financial integrity.

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Australiaโ€™s new government finally signals its crypto regulation stance

Australian Treasurer Jim Chalmers said that his government will improve the way Australiaโ€™s system manages crypto assets and provide greater protections for consumers. โ„น๏ธ

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