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🪙Bitcoin market sentiment turned positive in the US.

It was traded over +1.27% premium per minute on Coinbase as of Jan 13th, 2023 at 19:38 EST.



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India's Central Bank head calls for a ban on cryptocurrencies because "it is gambling," leads to a "dollarization" of the economy, and banks "will lose control" if it grows further.


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💩1
🥇 Africa leads the world in Bitcoin  adoption.


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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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🪙BREAKING: Bitcoin    Difficulty hits a new ATH!


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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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🔶Binance will delist $BEAM on January 26, 2023

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🪙Bankers and regulators at WEF event in Davos show concerns about Bitcoin  and crypto adoption and call for "urgent" regulation.


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🦄1inch launched hardware wallet

Join Waiting list
Here

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🪙New FTX Chief says FTX could Restart

FTX’s new chief executive, John J. Ray III, said he’s looking into the possibility of reviving the bankrupt crypto exchange as he works to return money to the failed company’s customers and creditors.

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BREAKING: Genesis Global filed for Chapter 11 bankruptcy protection in New York federal district court.

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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🇺🇸 Total debt: $31.4 trillion

Annual interest paid on debt: ~$1.2 trillion by 2024.

Annual tax revenue: $4.9 trillion

Annual Deficit: $1.4 trillion Loss
Projected 2023 Deficit: Over $2 trillion

The debt will continue piling up to 200% debt to GDP.

The Fed will have to eventually do yield curve control to keep the interest expense from consuming all tax rev.

The likely course of action is for the Fed to copy Japan. Take rates down to 0% again and let all of the debt rollover at yields between 0% to 1%.

That eliminates most of the interest expenses of the govt within a few years.


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🥇 Samsung's #bitcoin   wallet is now available in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.


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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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🇺🇸 Miami Mayor: High inflation, debt and Fed manipulation "scream for investing in things outside the fiat system."

"It's no wonder to me that 🥇Bitcoin  is up 30% this year" 🙌


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💰BTC is going exactly as we expected.

Currently we had a big resistance at $22.5k. hopefully, Bitcoin has breaked $22.5k of level.

Now next stop will be 24k-$25k 👍


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🪙Feds seize almost $700 million of FTX assets in Sam Bankman-Fried criminal case

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Alright #crypto predictors out there, will #Bitcoin    pump this weekend? 😉
Anonymous Poll
75%
Yes 👍
25%
No 😯
🪙 El Salvador are in the green on their latest Bitcoin purchases.

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Some Big Token unlocks in this week might cause volatility make sure to check if you hold them here

Token Unlocks shows that AXS, ACA, GAL, RON, YGG, and IMX will be unlocked this week. 4.89 million AXS tokens ($63.18m) will be unlocked on January 23; RON will be unlocked on January 27 about 42.93m (about $24.25m); IMX will be unlocked on January 28.

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