💰 Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant
A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest analysis by CryptoQuant.
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💰 Samson Mow believes Bitcoin will surge to $1 million 'within days or weeks' once supply crunch hits
JAN3 CEO and Bitcoin bull Samson Mow believes that Bitcoin will see a significant supply shock in the coming days that could potentially cause its price to surge to $1 million within a matter of ‘days or weeks.’
Source
Coin | Trading | News
INFORMATION: DATA/USDT Looks good on 1 Hour time frame on a breakout.
ENTRY BETWEEN: 0.04899 - 0.04563
TAKE PROFITS:
1) $0.05057 3%
2) $0.05210 - 6%
3) $0.05353 - 9%
4) $0.05802 - 18%
5) $0.06394 - 30%
STOP LOSS: $0.04375
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Coinbase partners with stablecoin exchange Yellow Card in African expansion — link | tl;dr
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Has everyone noticed that there is strong growth in the BRC20 and Ordinals space? 💭
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💰 ETH started outperforming Bitcoin !!
Because of the ETH Dencun upgrade & ETH ETF Fomo.
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NEW: 🟠 Multinational bank Standard Chartered calling for $50b-$100b of inflows into spot Bitcoin ETFs in 2024 🔥
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💰 $2 Billion in Bitcoin Awakens, Shifting From Long-Term Hibernation
Arkham Intelligence reports that approximately $2 billion worth of bitcoin, stored in five distinct addresses, experienced movement on Jan. 16, 2024, for the first time since their initial deposit in 2019. Each of these addresses obtained their funds from wallets established on Jan. 15, 2019, following a period of inactivity since 2013, when the bitcoins were initially dormant.
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🔴 Vanguard issues a statement:
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💰 If FOMO really kicks in then expect #ETH to reach $2750 - $3200 in Q1 2024.
Accumulate : $2420 - $2320
@AltcoinTrading
💵 Crypto firms paid $5.8b in fines in 2023, more than entire traditional finance system
According to data, crypto firms paid nearly $6 billion in fines in 2023 for shortcomings in customer checks and anti-money laundering controls violations
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🏦 SushiSwap Axes Lending Protocol and Token Launchpad
Ethereum-based decentralized finance (DeFi) protocol SushiSwap has made the decision to shut down Kashi, its lending protocol, and Miso, its token launchpad. Founded in 2020, SushiSwap allows customers to swap, lend, and borrow cryptocurrencies using their own external wallets.
The decision comes as the platform has faced significant financial uncertainty in recent months. In a December update the firm announced that it only had 1.5 years of operating costs, saying that the “situation requires immediate action to ensure sufficient resources for uninterrupted operation”. SushiSwap CEO Jared Grey said that the company has been pursuing a strategy.
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