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Don’t you think you should share this with crypto #beginners?

In 2022, more than 400 mn people used #cryptocurrencies worldwide, a nearly 35% increase over 2021.

But still more than 95% of people worldwide still don’t use crypto.

Here are the key things that every #trader needs to get started with crypto.

Read More: https://www.linkedin.com/feed/update/urn:li:activity:7019655546064564224
In a surprising move, the Bitcoin futures market has seen an unprecedented level of activity in the past three hours.

A massive $4 billion worth of BTC futures was purchased through market orders, and an astonishing $87 million worth of short positions was liquidated across all exchanges.
Solana SOL is seeing major gains this weekend after surging 22% in just two hours - fueled by liquidated shorts - making it the star performer.

While Bitcoin and Ethereum's Surge back over $21k & $1,550 respectively
The global #crypto market cap rose 1.91 percent to $993.22 billion, over the last day. The total crypto market #volume over the last 24 hours decreased 31.25 percent to $48.1 billion.

The price of #Bitcoin, the world's largest #cryptocurrency, hovered around $21,146.95, with its dominance at 40.09 percent, which is an increase of 0.03 percent over the day.
Regardless of the ETH price trend, the market participants continued to stake their ETH on the ETH 2.0 deposit address which marked new highs.
The global #crypto market cap saw a minor dip early Tuesday morning, dipping down to around $985 billion with a #volume of $48.1 billion.

However, despite some losses, #Bitcoin (BTC) and #Ethereum (ETH) managed to remain stable within the $21,000 and $1,500 marks, respectively.
Top #Blockchain Platforms with Total Unique Addresses accounted in 2022

#Ethereum witnessed the highest number of total addresses in Jan 2022, nearly 183.06 mn addresses.

In Dec 2022, the #BNB chain which accounted for 126.27 mn total addresses in Jan 2022, plunged 87% to 236.66 mn on Dec 31, 2022.

#Fantom saw the highest growth rate compared to other popular chains, hitting a growth of 2108% from 1.50 mn in Jan 2022 to 33.31 mn in Dec 2022.
#Bitcoin miner movement again.

🔴2397 BTC outflow from miner wallets.

Is this hindering the Bitcoin price rally?
Put your math skills to the test with our #crypto puzzle.



#Bitcoin #Ethereum #USDT
The recent rally for $BTC and $ETH resulted in a significant reduction in overall futures leverage.

The ratio between Futures Open Interest and coin reserves held on the exchange has fallen to between 25% and 30%, as many traders closed out positions (or were liquidated).
The overall supply of #Bitcoin on exchanges has dropped from 11.85% to 6.65% over the past year, a historic drop that illustrates the rise in interest in self custody. #Binance, #Coinbase, #Kraken, #Kucoin, and #Bitstamp all reflect this $BTC exodus.
#bitcoin trading over the 200 day MA for the first time since December 2021
“Genesis Crypto Firm, Is Planning to File for Bankruptcy.”

The crypto lending unit of DCG could file as soon as this week

The cryptocurrency lending unit of Digital Currency Group has been in confidential negotiations with various creditor groups amid a liquidity crunch. It has warned that it may need to file for bankruptcy if it fails to raise cash.
The SEC charges NEXO for its "lending product," and settles with them the same day. A $45 million collection.

But isn't NEXO an exchange? What about the numerous "securities" that NEXO is unlawfully selling to U.S. citizens? Is That's okay??
#Cryptocurrency is becoming more popular in Nigeria.
 
Do you know? Nearly, 35% of Nigerians own cryptocurrency, and also Nigeria is among the largest African countries driving Africa’s #crypto growth.

Here’s to look out for some of the best crypto #exchanges from Nigeria which provide you with a simple, secure, and reliable #trading experience.
#BTC Dominance has followed the orange path perfectly

Still, there is scope for some overextension beyond the red resistance towards the top of this Macro Black Wedge

Bitcoin will continue to increase in Market Dominance for the time being
On Monday, the value of top #cryptocurrencies showed mixed signals. The global market cap managed to climb above the $1 trillion mark over the weekend.

#Bitcoin experiencing a slight dip at $22,675.24, while #Ethereum rises by 0.56% to $1,631.61 in the last 24 hours.
📈 Are you Holding #Solana? What do you think, Solana is still powerful?

🔹 Solana Labs lost almost $700 mn in value due to the #FTX collapse and has since come off the lows, with a market cap now crossing $8.99 bn.

🔹 However, the partnership with Google Spiked Solana by over 40%, and it announced its plans for the #dApp Store including Solana Mobile stack and #Solana pay.

🔹 More than 350 #projects are on Solana due to its security, speed, and cost-efficiency throughput.

🔹 Here’re some reasons why Solana is still a long-term buy


🔗 Read More: https://www.linkedin.com/feed/update/urn:li:activity:7023272639641124864
#ElonMusk has achieved remarkable success over the past three decades - averaging a multi-billion dollar company every five years.

From #PayPal to #Tesla, #SpaceX to #Neuralink, and now #OpenAI and The Boring Company, Elon has achieved success in an astonishingly short amount of time.

His latest venture is OpenAI, the maker of #ChatGPT uses artificial intelligence ( #AI ) to simulate human conversation.

OpenAI is yet another testament to Elon’s remarkable entrepreneurial spirit and drive for success.
On Wednesday during the early Asian trading hours, the global #crypto market was in the red as the prices of #Bitcoin dipped by 1.87 percent.

The second most popular token, #Ethereum, has dropped 5.5% from yesterday and is #trading at $1,546.85.

Other popular #cryptocurrencies also witnessed a drop in their value.