JUST IN: JPMorgan CEO Jamie Dimon says his "personal advice" is to not get involved with Bitcoin.

JPMorgan is an authorized participant for BlackRock’s spot Bitcoin ETF.

🤝 @Cryptocurrency_Inside ✅

🌱 NEW Info: Growth and Sustainability in Bitcoin Mining 🌱

📈 In 2023, the Bitcoin mining network expanded by a massive 90%, sparking discussions about its environmental impact and profitability. This growth raises key questions about efficiency and energy costs.

🔍 A closer look reveals that the average cost of producing one Bitcoin stands at $37,856.

💡 Enhancements in Mining Network Efficiency:

Despite the increasing demand for energy, significant strides in efficiency have been made. Current analyses show an average network efficiency of 34W/T, with predictions of a reduction to 10W/T by mid-2026.

🌍 Bitcoin Mining and Its Environmental Impact:

Bitcoin mining often taps into underutilized energy sources, typically in remote areas. Currently, about 53% of the energy used for Bitcoin mining comes from sustainable sources.

🤝 @Cryptocurrency_Inside ✅

💰 According to Lookonchain, #Grayscale currently holds 566,973 $BTC($23.21B), sells ~52,227 $BTC ($2.14B) since the ETF approval.

iShares (BlackRock): 33,431 BTC
Fidelity: 24,857 BTC
Bitwise: 10,152 BTC
ARK21: 7,565 BTC
Invesco Galaxy: 4,619 BTC
VanEck: 2,207 BTC
Valkyrie: 1,737 BTC
Franklin: 1,160 BTC

🤝 @Cryptocurrency_Inside ✅ | link

NEW: 🏛 Franklin Templeton CEO underscores the importance of Bitcoin in protecting individuals from asset seizure by governments 💪

“There is a fear component to it that is considered almost an insurance or a safety component.”

- Jenny Johnson.

🤝 @Cryptocurrency_Inside ✅

JUST IN: 🇺🇸 President Trump says Vivek Ramaswamy told him about the dangers of a CBDC and promises to never allow it if elected.

🤝 @Cryptocurrency_Inside ✅

“Lost 🥇 coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.”

— Satoshi Nakamoto

🤝 @Cryptocurrency_Inside ✅

NEW: Strike CEO tells Yahoo Finance "Jamie Dimon was Jeffery Epstein's banker" after JP Morgan CEO bashes 💰Bitcoin 👀

🤝 @Cryptocurrency_Inside ✅

BlackRock holding webinar tomorrow about 💰 Bitcoin  for financial advisors, calling the ETF approvals “a pivotal moment for investors". 🔥

🤝 @Cryptocurrency_Inside ✅

Natalie Brunell: 🇺🇸The Fed doesn’t want deflation because we need inflation to stay solvent 👀

That’s what Bitcoiners are really worried about because we are built on a system of theft on the base layer 😮

🤝 @Cryptocurrency_Inside ✅

$5,000,000,000 WORTH OF SHORTS WILL BE LIQUIDATED IF 💰BITCOIN BREAKS ABOVE $46K.

🤝 @Cryptocurrency_Inside ✅

NEW: 🏛 Charles Schwab, with $8.5 trillion AUM, could soon launch a spot Bitcoin ETF, capitalizing on second-mover advantages 😮

Analysts suggest a "big and disruptive" move, such as "rolling out shock-and-awe low fees"❗️

🤝 @Cryptocurrency_Inside ✅

📉 Decline in Bitcoin Spot ETFs: Investor Interest Wanes

📊 Following initial excitement, the anticipated interest in the much-awaited spot Bitcoin ETFs seems to be diminishing. Last Wednesday marked the weakest day in terms of gross inflows (net inflows) since trading began.

✨ Despite the declining interest, the group of spot Bitcoin ETFs was considered by Bloomberg Intelligence analysts to be the most successful ETF launch in history, both in terms of trading volume and net inflow.

🤝 @Cryptocurrency_Inside ✅

BREAKING: 🆘 A Hong Kong court has ruled that Evergrande, China's largest real estate developer, must be liquidated.

The stock is now down another 20% today on the news and trading has been halted.

The Real Estate Giant Owes Over $300 Billion

🤝 @Cryptocurrency_Inside ✅

🖥 Google has updated its advertising policy to allow Bitcoin and crypto trust products to be advertised.

This change has led companies like BlackRock and VanEck to start advertising spot Bitcoin ETFs on Google.

🤝 @Cryptocurrency_Inside ✅

🌐 Will Bitcoin Achieve the Longest Winning Streak Since the Pandemic?

🚀 A five-month rise could be the longest since a six-month period from October 2020 to March 2021. Back then, Bitcoin soared to a record high of $69,000.

🌟 Spot Bitcoin ETFs by BlackRock Inc. and Fidelity Investments launched on January 11th in the USA. Prior to the launches, Bitcoin surged by nearly 160% last year, in anticipation of attracting new investors through these ETFs.

📉 However, following the introduction of the funds, Bitcoin experienced a drop of about 21% in just 12 days.

🔍 According to Sean Farrell of Fundstrat Global Advisors LLC, the slowdown in outflows from the Grayscale Fund is a significant positive factor for market sentiment.

🤝 @Cryptocurrency_Inside ✅

BREAKING: 🚨 German Police Seize 50,000 💰 Bitcoins Worth Over 2.17 Billion Euros, Allegedly Purchased with Money Earned from Operating a Film Piracy Website Until 2013 🎥

In a groundbreaking operation, the German police have confiscated around 50,000 Bitcoins, valued at approximately 2 billion euros. This incident marks one of the largest seizures of its kind in the country.

🇩🇪 The Bitcoins were seized following investigations into two individuals suspected of operating a piracy website and engaging in money laundering activities. The suspects voluntarily transferred the Bitcoins to a federal authority. Investigations are ongoing, with more details to be released soon.

Source

🤝 @Cryptocurrency_Inside ✅

🇺🇸 Billionaire Tim Draper says the US Government finally understands that "💰 Bitcoin is actually better for everyone."

🤝 @Cryptocurrency_Inside ✅

⚡️⚡️⚡️⚡️⚡️⚡️
The Fed kept the interest rates unchanged at 5.5% in line with consensus estimates.

🤝 @Cryptocurrency_Inside ✅

🟢 Tether has released its 2023 Q4 financial report:

⚫️A record-breaking Q4 net profit of $2.85bn
⚫️2023 yearly net profit of $6.2bn
⚫️Its excess reserves registered an all-time high increase of $2.2bn, totalling $5.4bn
⚫️Cash and cash equivalents cover 90% of all issued tokens
⚫️Achieved new record highs in both direct and indirect ownership of US treasuries, with $80.3bn exposure

🤝 @Cryptocurrency_Inside ✅