Bitcoin, Ethereum Technical Analysis: BTC Hits Fresh 3-Week High, Ahead of Thursday’s US Inflation Report

Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
After having about $290 million locked at Digital Currency Group, Bitvavo decided to prefund the assets on its own and is now looking for full repayment.

Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” will be allowed.

#Crypto
DOGE, SHIB Surge to Multi-Week Highs on Thursday

#BTC
Erik Voorhees tips $40K BTC by June, but little consensus among pundits
ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.

#ShibaINU

SHIBA INU is built on the Ethereum blockchain and borrows several security features from its parent blockchain. Therefore, the Shiba Inu prediction analyzes the technology used behind a particular cryptocurrency to determine its longevity in the crypto space.

#BITCOIN
Crypto Stories: How Bitcoin helped helped a couple start a family
Bitcoin family from London have "no regrets" about their decision to sell Bitcoin to start a family.
No regrets

#NFT
Trump Digital Collectibles Slide Significantly in Value Since the Launch, After Looking at the Art Trump Was Pleased With His 30 inch Waistline. during the first day of the sale, each NFT was sold for $99 per unit.

#Dogecoin
Underdog rises: Dogecoin survived carnage in 2022 better than most
DOGE has performed much better than SHIB this year, despite the Shiba Inu community actively working on an Layer2 network, a metaverse and blockchain games.

The live Ethereum price today is $1,196. USD with a 24-hour trading volume of $4,529,659,044 USD. We update our ETH to USD price in real-time. Ethereum is down 1.90% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $146,408,322,963 USD.

#Cryptoscam
FBI Renews Warning About Pig Butchering Crypto Scam Sweeping the Country
The Federal Bureau of Investigation FBI has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S.

Stablecoins that have been bumped down a number of positions include dollar pegged coins like magic internet money, liquity usd, fei usd, and neutrino usd. The once-stable coin USDN is currently trading for $0.448 per unit after depegging from the $1 parity on Nov. 7, 2022

#Crypto
The market valuation of stablecoins has continued to slide and since January 2022, $28.08 billion in U.S. dollar value has left the stablecoin economy. Archived data indicates that the stablecoin economy was valued at $167.08 billion on January 5, 2022,

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3%

#Bitcoin
Bitcoin beats Tesla stock in 2022 as Bitcoin price heads for 60% losses
Bitcoin may in line for worse losses in the new year, analysts say, but Bitcoin price action has a least fared better than TSLA.

#Bitcoin
Bitcoin had gained 1,650% after bottoming out in March 2020 below $4,000, boosted by the Fed’s quantitative easing policy. Even as of December 28, investors who purchased Bitcoin in March 2020 are sitting on 332% profits.

#Bitcoin
Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
The amount of Bitcoin held underwater in wallets continues to increase, hitting levels never seen in history.
both short term and long term investors are sitting on more losses than ever before.

#BTC
Bitcoin ASIC miner prices hovering at lows not seen in years
ASIC miners price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.

#Bitcoin
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.
Bitcoin  is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin since its creation

#Bitcoin
Bitcin price ignores US PCE data at $16.8K as Bitcoin rejects volatility
The latest U.S. economic data fails to induce volatility in an otherwise flat Bitcoin price playing field. Bitcoin saw a flicker of volatility around the Dec. 23 Wall Street open.