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CryptoQuant CEO: States' Bitcoin sales are overraged
According to blockchain analysis firm CryptoQuant, Bitcoin sales by governments such as the U.S. and Germany are overrated compared to the capital entering the market.
Stating that 224 billion dollars have entered the market since the beginning of 2023, the analyst said, "BTCs confiscated by the states have a share of approximately 9 billion dollars in realized market value."
Ki Young Ju then emphasized that the figure of 9 billion dollars corresponds to only 4 percent of the 224 billion dollar money inflow and said, "Do not allow state sales to ruin your transactions."
#Bitcoin #Us #German $BTC
According to blockchain analysis firm CryptoQuant, Bitcoin sales by governments such as the U.S. and Germany are overrated compared to the capital entering the market.
Stating that 224 billion dollars have entered the market since the beginning of 2023, the analyst said, "BTCs confiscated by the states have a share of approximately 9 billion dollars in realized market value."
Ki Young Ju then emphasized that the figure of 9 billion dollars corresponds to only 4 percent of the 224 billion dollar money inflow and said, "Do not allow state sales to ruin your transactions."
#Bitcoin #Us #German $BTC
🇺🇸 Federal Reserve and bank regulators warn US banks about cryptocurrency-related liquidity risks - Reuters
#Bitcoin will never need bailout. 😎
#Binance #BTC #crypto2023 #Us
#Bitcoin will never need bailout. 😎
#Binance #BTC #crypto2023 #Us
💰Bitcoin in third place (above the dollar) in the US Bloomberg poll
🤔"What will you buy if the US debt reaches the ceiling?"
#Binance #BTC #crypto2023 #Us
🤔"What will you buy if the US debt reaches the ceiling?"
#Binance #BTC #crypto2023 #Us
Bitcoin Poised To Hit $35,000 As It Beats US Dollar In Preferred Asset
Bitcoin emerges as the preferred investment choice for both professional and retail investors, surpassing the US dollar, yen, and Swiss franc, as per Bloomberg's recent MLIV Pulse survey. With the looming U.S. debt ceiling default risk, investors are flocking to Bitcoin, causing its price to rally over $35,000. This surge is attributed to Bitcoin's growing reputation as a safe haven, following gold and treasuries, especially amid the potential catastrophic consequences the US faces. Notably, 7.8% of professional investors and 11.3% of retail investors prefer investing in Bitcoin, reflecting its increasing popularity.
#Binance #BTC #crypto2023 #Us #Dollar
#Binance #BTC #crypto2023 #Us #Dollar
US April CPI inflation🇺🇸
✅ Year-over-year change:
CPI 4.9% (est. 5.0%, prev. 5.0%)
Core CPI 5.5% (est. 5.5%, prev. 5.6%)
✅ Month-over-month change:
CPI 0.4% (est. 0.4%, prev. 0.05%)
Core CPI 0.4% (est. 0.4%, prev. 0.38%)
This marks the 10th consecutive monthly drop in the US inflation rate📊
A Fed pivot may finally be near🤔
#Binance #crypto2023 #Us #cpi
✅ Year-over-year change:
CPI 4.9% (est. 5.0%, prev. 5.0%)
Core CPI 5.5% (est. 5.5%, prev. 5.6%)
✅ Month-over-month change:
CPI 0.4% (est. 0.4%, prev. 0.05%)
Core CPI 0.4% (est. 0.4%, prev. 0.38%)
This marks the 10th consecutive monthly drop in the US inflation rate📊
A Fed pivot may finally be near🤔
#Binance #crypto2023 #Us #cpi
