Inverse Head and Shoulders in #BTCUSDT

Binance, one of the world's biggest cryptocurrency firms, will take a $200m (£147.6m) stake in Forbes


#Binance #Forbes #Crypto

#Bitcoin (BTC) addresses holding at least 1,000 BTC, the so-called #whales, have started accumulating more tokens during the recent #market recovery. As of Feb. 10, the total supply in these addresses was 8.096 million $BTC versus 7.95 million on Jan. 24.

#Bitcoin is that it's a great hedge against #inflation. There is only 21 million Bitcoin available once they're all mined, limiting supply. In theory, this limited supply should mean that Bitcoin is a good #hedge against the increased supply of the U.S. #dollar.

#Apple is a mobile network,
#Google is a search network,
#Facebook is a social network,
#Bitcoin is a monetary network.

- Micheal Saylor

As per the 1-day chart, #ADAUSDT formed descending triangle. On a successful breakout, #Cardano is expected to surge high above $2. however, the Bulls need to hold support $1 For an extended rally.

$ADA #ADA

The #cryptocurrency market continues to roll in the doldrums. Top #Cryptos are more than 30% down from #ATH.



#BTC #ETH #BNB #XRP #ADA

CRYPTOPUNK #5822 NFT HAS SOLD FOR $23.7 MILLION, THE FOURTH LARGEST NFT SALE ON RECORD

IYKYK


#Coinbase #Superbowl

#Gas fees on the #Ethereum network are below 40 GWEI even for fast transactions with confirmation times well under 30 seconds. Since the 10th of #January when gas prices hit a local top at over 218 GWEI, the past month has seen a clear downward trend in gas prices.

After a sharp selloff in the last couple of days, the #cryptocurrency market found some buyers near major support levels. The global cryptocurrency market capitalization rose 4.49% over the last 24 hours to $1.95T while trading volumes were up 18%+ to $73.07B.


$BTC $ETH $BNB

As Per #Glassnode reports, the number of addresses sent to the exchange (7d MA) reached a 1-Month Low of 4,927.268

It seems that #BTC Hodlers are Bullish on #Bitcoin Price

At Present, $100 in 2010 is equivalent in purchasing power to about $129, an increase of $0.29 over 12 years. The dollar had an average inflation rate of 2.14% per year From 2010-Today, resulting in a cumulative price increase of 28.93%.



#bitcoin #dollar #inflation