₿REAKING: New report estimates 99.76% of #bitcoin    transactions are used for legal purposes as #bitcoin    gains mainstream adoption

Bitcoin and Ethereum showing up a long green candels in the last 14 days of 2023.

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#bitcoin #ethereum

Which type of Crypto investor are you?

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#crypto

🥇 Bitcoin surpasses Mastercard and $META (Facebook) in market value.

Meta = 358.01 billion
Mastercard = 360.75 billion
Bitcoin = 371 billion

👉🏻 The future of finance looks great!

🤝 @Cryptorelevant

$21,544 🚀

$82,000,000 worth of #bitcoin short trades just got liquidated - More short positions than any day since July of 2021.

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The total crypto market capitalisation surpassed USD 1 trillion mark on January 14, according to the data from CoinGecko.

In anticipation of inflation reaching its peak and then bottoming out, Bitcoin prices increased over USD 21000- on January 14, according to a report by Mint.

The biggest price rise in the bitcoin prices was up to 7.5 percent to USD 21,299. This marks the 11th consecutive rise in bitcoin prices in a row. Bitcoin has not been able to move over USD 20,000 in its value since November 8, the report added.

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#crypto #bitcoin #ethereum

The most popular digital asset on the planet is proving its worth, as Bitcoin has surpassed both Meta Platforms Inc., and Mastercard, in Market capitalization.

BTC has seen a welcome resurgence in January, inching ever closer to a $20,000 price tag, and rebounding from an abysmal 2022. Moreover, the sentiment around crypto has seen it surpass the two notable companies in total Market Cap.

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#crypto #bitcoin

What will you choose shitcoin Or a Bitcoin.

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#bitcoin

Bitcoin has vastly outperformed the S&P 500.

Despite being around for over a decade, digital currencies like bitcoin are still the new kid on the block. As such, the asset class has a lot to prove in traditional finance circles, but despite that, the past decade has been nothing short of remarkable.

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#bitcoin #sp500

Bitcoin prices recover to $20,000 in 2023.
Ethereum prices recover $1,500 in 2023.

Bulls are becoming stronger.

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#crypto

CeFi comes with the promise of fund security and fair trade. Moreover, investors with fiat currency can also be a part of crypto trading with a backing of an active customer support team. DeFi, on the other hand, aims to make the blockchain space middle men and intrusion free.

Both of the models come with their own set of benefits and limitations. If privacy and transparency is important for you, go with DeFi and if you want greater flexibility, share risks with others in the blockchain network, choose CeFi.

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#crypto #defi #cefi

Shiba Inu Developers to launch Shibarium L2 network Beta

Hong Kong to Publish Approved List of Crypto for Retail Trading

Bitcoin is gradually regaining value following a major drop in 2022 that brought the asset’s price to a low of $15,000. Earlier this month, the price of Bitcoin was $17,162. Now, it is at a high of around $20,500.

Bitcoin has been rising for the past 12 days in a row. Since 2013, this is the longest run for Bitcoin.

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#bitcoin #bullmarket

Top 15 stablecoins by market capitalization

Top 5 stablecoins hold 87% of the entire stablecoin market capitalization - U.S. Department of Commerce Institute

BNB Chain has completed the burn of over $500 million worth of BNB tokens

-Token burn refers to the process of permanent deletion of coins from the circulating supply

-Over 100 million BNB or half of its total supply are burned.

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold.

According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade.

The token is projected to be issued in the form of a stablecoin backed by gold, according to Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain.

The stablecoin aims to enable cross-border transactions instead of fiat currencies like the United States dollar, the Russian ruble or the Iranian rial. The report notes that the potential cryptocurrency would operate in a special economic zone in Astrakhan, where Russia started to accept Iranian cargo shipments.

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Crypto mining stocks surge to yearly highs after Bitcoin surge.

-Bitfarms registered a 140% surge in the first two weeks of January 2023
-MarathonDigital Holdings with a 120% surge
-MVIS Global Digital Assets Mining Index is up by 64%

The selloff in Bitcoin and Ethereum are buying opportunities, Anthony Scaramucci said on Monday.

-He still sees bitcoin going up to $100,000 over the next 12-24 months.

He said that improving macroeconomic picture will be a factor in helping crypto prices recover.

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#bitcoin

Monex shows interest to buy FTX Japan

-CEO stated that getting the FTX subsidiary firm would be great for Monex once the local market remains less competitive.