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Cryptocurrency ↪ Inside ⚠️ Crypto News ⛓ Onchain analytics 🗓 Market updates/insights Admin : @Mark_CryptoInside Twitter : https://twitter.com/Crypto_Inside_ MediaPartner: @Bitcoin_Insights

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🥇 1 BTC = $21300

👉🏻 Bitcoin hasn't seen this much volume on a move up in nearly 2 years 📈

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🥇 Texas A&M University, one of the largest universities in the US, is set to launch its inaugural course on Bitcoin.

The course will focus on the development of Bitcoin libraries from scratch and is expected to be benefitting over 74,000 students!

👉🏻 Crypto adoption continues 😉

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🔵ETH

The first coin in crypto history reaching Deflation mode.

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💰BTC UPDATE:

BTC is slowly heading into the resistance zone. $21.5k-$22.5k is a big resistance and remember the correction is still due in the market so manage your risk in all open positions and do not trade without SL.

In LTF, we might see some more upside but sooner or later we see some correction. A healthy pullback is always good for the market in the long term.

Let's see how this goes. Stay tuned and pin our channel at the top for more updates.

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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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⚡️PlanB presented a new forecast for BTC

- The bottom has been reached at $15,500.
- The price will exceed $32,000 per halving in 2024.
- The bullish run is 2025, when bitcoin rises above $100,000.

Do you agree with this scenario? 🤔

Yes - 👍
No - 👎

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💰BTC UPDATE:

BTC is doing exceptionally well. Crushed all the resistances. It pumped almost 25% after the breakout of the triangle. Although, we expect some pullback but it never comes and price reached our target without any retracement.

Now, we have a strong resistance in $21k-$22k zone. So if BTC rejects from here then we see a pullback up to $19k-$20k or if it breaks and close above $22k resistance then another pump up to $25k is ahead.

Let's see how this goes. We will keep updating you. Stay tuned and pin our channel at the top for more updates.

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⚡️Bitcoin has maintained its investment value since 2016

Compared to the S&P500 index, real estate, gold and a number of currencies (Nigerian naira, Turkish lira and Argentine peso), Bitcoin has not lost a percent 💰

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BTC hashrate hits ATH second time in 7 days, difficulty expected to grow 9%.

BTC hashrate rose 20% on Jan. 12 before retracing to 251.79 EH/s.

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🇺🇸 US Inflation Data Update.

US CPI inflation: 6.5%

Food inflation: 10.4%

Electricity inflation: 14.3%

Natural gas inflation: 19.3%

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⚪️ Bulgarian authorities raided crypto broker NEXO’s offices.

"Bulgarian authorities raided Nexo offices in Sofia. It was reported to be an international operation underway for financial crimes

It's been further reported that the Bulgarian owners of the company have appropriated Nexo customers assets"

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Miss Universe El Salvador wore an outfit that featured Salvadoran currency from different eras. 

El Salvador never fails to represent 💰Bitcoin on a global scale.

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💰BTC UPDATE:

BTC is going perfectly as we expected. Breaks out from the triangle and touched $18.4k level. Currently, we have a strong resistance at $18.3k-$18.5k level. Bulls need to clear this resistance level and hold above it by daily close for more upside movement.
A rejection from here will take us to $17k-$17.5k level which is also a bullish retest of this triangle.


So as of now wait for a correction before opening any new position. Also, today CPI data will release so we see more volatility in the market.

Stay tuned for more updates.

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🇸🇻 El Salvador approves bill to enable launch of #Bitcoin  bonds 💰

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👀 FTX has recovered over $5 billion in cash and cryptocurrencies, attorney says.

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⚡️Top 15 stablcoins by market capitalization

Top 5 stablcoins hold 87% of the entire stablcoin market capitalization - U.S. Department of Commerce Institute 💰💰💰

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Funding rates matrix turns red for the first time in months!

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💰Bitcoin  price has increased 12 days in row — The second longest streak in history!

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BTC has risen to 21K, but institutional investors are just watching 👀

"OTC trading will be brisk when they expect a full-fledged uptrend turn."

Link

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🟢 Tether’s 2022 Settlement Volume Flips Visa and Mastercard.

Tether : $18.2 trillion
Visa: $14.1 trillion
Mastercard: $7.7 trillion

Busd : $2.5 trillion
Usdc: $1.7 trillion

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🥇 Bitcoin is currently trading around $21k

For the past 3 hours, someone(s) just bought ~$4B worth of $BTC futures in market orders, and $87M short positions liquidated across all exchanges.

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Any 💰 future tellers out here?

UP - 👍
DOWN - 👎

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🥇 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!

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Grayscale's BTC and ETH trusts have generated about $1.5 billion for the firm so far

Source

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The CPI Inflation in the USA🇺🇸 has fallen to 6.5%.

This is the lowest inflation rate since Oct 2021

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📉 The Savings Rate just collapsed down to 2.2%, the lowest level ever.

Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC. Expect a big decline in consumer spending in 2023.

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📢US CPI release today

Expectations leaning on a drop 6.5%

🟢 Bullish if we go below it
🟡 Neutral if it falls within expectations
🔴 Bearish if we go above it

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🇸🇻🥇 El Salvador passes law establishing legal framework for all cryptocurrencies.

El Salvador continues its widespread adoption of digital assets as the country officially passes a law establishing a legal framework for all cryptocurrencies. The news was shared by the National Bitcoin Office of El Salvador (ONBTC), which stated that the law had been passed today.

👉🏻 With a legal framework in place, businesses and individuals can feel confident in using cryptocurrencies for transactions and investment. This will help to promote innovation and growth in the cryptocurrency market in El Salvador⚡️

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Bitcoin mining hash rate all time high 🔥🔥

14d moving average: 270 EH/s

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🟠 Binance gains court approval to acquire bankrupt crypto lender Voyager.

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