#Write2Earn!

RISK TRADE

ONLY USE 15-20% OF YOUR EXTRA FUND

$BB
$REZ
$NOT

Check✊✊

$BB
$REZ
$TAO
my analyses ✊

#Write2Earn! #SaveBangladeshistudents

take entry with your 10% scalping fund
It's a good time for entry
Risk stock

1st entry

$BB -0.27-0.285
$REZ -0.035-0.038
$TAO - 185 - 190

My Signal

TOP GAINERS

$BB
$NOT

#Write2Earn!

$NOT
Whether you follow me or not is up to you

My Signal 💪

#Write2Earn!

$BB

$BB
Top Gainers 💪

My signal 🚀

#Write2Earn!

$PIXEL
ANALYSIS 💪✊

#Write2Earn!
No Risk Trader

$ETH
$MATIC

$ARB

Daily BTC Review $BTC #Write2Earn

❌Liquidations in the market over the last 24 hours, CoinGlass: ~37 K traders, totaling ~$113 million - 25% long positions and 75% shorts.

So much for the return of volatility and normal price movements. And we didn't have to wait until the end of the week. The price is once again testing an important resistance zone within 45K📈

The important point is that the price is once again above the Ishimoku Cloud and has fully broken above the moving averages on the 8-hour timeframe.

❗ If now #BTC fails to break and consolidate above 45K - we will see a rebound and a retest of the MA and the Ishimoku Cloud around 42.8K. Further we will look at the situation.

It is important to understand:

⚫ Full break of 45K - cancel or at least postpone for some time the descending scenario.

⚫ A rebound from the corrective Fibo zone, with the confirmation of the seller's strength - may lead to a fall first to 42.8K - 40K, and then to 35K.

$BTC $BTC

Bitcoin ETFs surge with $247m inflow as #BTC nears $44k again

Spot Bitcoin ETFs witnessed a net inflow of $247 million for the first time a week.

This divergence in fund flows was particularly evident among the other nine ETFs, excluding Grayscale, which collectively saw a net inflow of $467 million. Data from SoSo Value shows that BlackRock’s ETF IBIT recorded a single-day net inflow of $299 million, constituting 64% of the total net inflows this week.

However, Grayscale’s Bitcoin Trust (GBTC) reported a substantial net outflow of $220 million in a contrasting development. Grayscale transferred 2,682 BTC, valued at approximately $114 million, to the address of Coinbase Prime Deposit. Additionally, the firm moved 5,281 #BTC to a new address, speculated to be Grayscale’s updated custody address. The transactions could indicate a significant restructuring in Grayscale’s asset management strategy.

This resurgence contributed to a spike in Bitcoin’s price, reaching its highest point in the past three weeks. Despite the net outflows from GBTC, the ETF issuers augmented their holdings by more than 4,200 Bitcoin, worth roughly $183 million. This shift in dynamics comes after a week of negative daily flows, which saw nearly 20,000 Bitcoins exiting the funds between Jan. 23 and Jan. 26.

#TradeNTell
Crypto Trader Nets $1.6 Million in Just 14 Hours From Trading Solana-Based Memecoin

A cryptocurrency trader has recently managed to make over $1.6 million by trading the Solana-based meme-inspired cryptocurrency Wen ($WEN) by buying it just after it opened for trading and selling it right after to realize their gains.

According to on-chain analysis service Lookonchain, the trader spent $125,500 worth of the USDC stablecoin to buy 20 billion WEN tokens as soon as they started trading, before selling 12.5 billion tokens for over $807,000, realizing a gain of $682,000 in the process. The trader is still holding onto 7.6 billion tokens worth over $900,000.

In just 14 hours, this trader made over $1.6M trading #MEME coin $WEN!😱

He spent 125.5K $USDC to buy 20B $WEN when $WEN opened trading, and sold 12.5B $WEN for 807K $USDC, realizing a profit of $682K.

And currently holds 7.6B $WEN($941K), with an unrealized profit of $941K.
Users on the microblogging platform X (formerly known as Twitter) where Lookonchain shared their findings pointed out that this isn’t the norm in the cryptocurrency space, and suggested instead that these types of moves aren’t made by savvy traders, but rather by project insider taking advantage of their followers.

Notably, market data shows that the price of the meme-inspired cryptocurrency hit a peak of over $900 shortly after it started trading, but has since completely collapsed to now be trading at $0.00017 per token.

Its price action suggests that insiders planned a pump and dump scheme on the cryptocurrency. These illegal schemes boost the value of an asset through exaggerated or false statements about it, usually with insiders buying it so its price moves in a bid to leave other investors with a “fear of missing out.”

As these investors move in, the insiders dump their holdings on them. These schemes are seen in assets with micro or small market capitalizations and are relatively common in the cryptocurrency space.

#TradeNTell #BTC #NewsUpdated

US Government to Auction $130 Million in Silk Road Bitcoin

The US government is auctioning over $130 million in Bitcoin seized from the Silk Road case, involving digital assets linked to criminal activities. This significant move reflects the evolving approach to handling cryptocurrencies in law enforcement.

The US government is set to auction over $130 million in Bitcoin, previously seized in the high-profile Silk Road investigation, marking a significant move in the handling of digital assets linked to criminal activities.

In a recent decision by the US District Court for the District of Maryland, 2,874.9 BTC (valued at around $129 million) and an additional 58.7 BTC (approximately $3.3 million) were cleared for sale. This action follows the court-approved forfeiture of 69,000 BTC connected to the Silk Road case, a notorious digital black market​​​​​​​​.

#BTC #TradeNTell
Bitcoin Transforms El Salvador’s Economy: Official Adoption, Investment Boom and Advances in Crypto Legislation

El Salvador adopts Bitcoin as official currency, attracting global investment and fostering crypto tourism
Innovation in Bitcoin legislation, El Salvador positions itself as a leader in cryptocurrency adoption and regulation
El Salvador is becoming the new bitcoin paradise, attracting tycoons from all over the world. Can you imagine? A small country in Central America leading the bitcoin revolution. It’s impressive.

Juan Carlos Reyes, head of the National Commission for Digital Assets (CNDA), has revealed that an increasing number of bitcoin entities, that is, those holding more than 1,000 BTC, are coming to the country. Since August 2022, this trend has been on the rise. What will attract them so much to El Salvador? Surely, the opportunities to invest and grow in a cryptocurrency-friendly environment.

Bitcoin (BTC) is a peer-to-peer cryptocurrency, originally described in a 2008 paper by the pseudonymous Satoshi Nakamoto. Launched in January 2009, it was the world’s first cryptocurrency, and remains the most popular, with the highest market capitalization of all cryptocurrencies. Bitcoin was built on several key innovations. Firstly, Nakamoto guaranteed that Bitcoin transactions were immutable, by recording all transactions on a distributed ledger known as a blockchain. Secondly, he ensured Bitcoin’s scarcity by capping the total number of Bitcoin in existence at 21 million. Finally, the community was incentivized to verify transactions by receiving rewards in the form of “mined” Bitcoin for checking the accuracy of the blockchain.
#BTC #Write2Earn:

#Write2Earn: i think bnb will go to bullish way because it seems to going high and very high. so i think everyone should buy #BNB and when binance announce any launchpad news that time bnb just go as like Rocket i hope everyone understand the trick so #buyBNB #Spot #longbnb

#TradeNTell #BTC

The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of Bitcoin from the former marketplace Silk Road, totaling over $131 million. 

This action follows the court’s order in the case of U.S. v. Joseph Farace, where Bitcoin was seized from Ryan Farace and Shaun Bridges in 2021. Ryan France was sentenced to 54 months in prison earlier this year for laundering drug profits over the dark web, along with his father.

Bridges was a U.S. Secret Service Special Agent, convicted back in 2015 for laundering drug money using Bitcoin over the notorious darknet market, Silk Road. 

You might also like: Alameda gap is still haunting Bitcoin despite ETF approval

The confiscated digital assets include 2,874 Bitcoins valued at approximately $129 million and 58 worth around $3 million. Both batches were seized back in 2021 in Memphis and Arlington. 

The U.S. District Court has expressed its intention to sell the forfeited assets as directed by the Attorney General. Excluding the defendants in the case, individuals who claim an interest in the forfeited assets have been given a 60-day window from Jan. 10 to file an ancillary petition, a legal document required to be filed to claim an interest in a seized property. 

After reviewing any claims or when the claim period ends, the U.S. will officially own the seized Bitcoin and can sell it legally.

#TradeNTell
Ethereum price managed to hold the $2,200 support as the crypto market downturn intensified this week, on-chain signals highlight rising whale demand. 

#BTC #BTC

Bitcoin Analysis

BTC remained below the 50-day EMA while holding above the 200-day EMA. The EMAs sent bearish near-term but bullish longer-term price signals.

A BTC break above the morning high of $40,277 would support a move to the 50-day EMA. A breakout from the 50-day EMA would bring the $42,968 resistance level into play.

On Wednesday, investors must consider crypto-spot ETF-related news and US lawmaker scrutiny.

However, a break below the $39,861 support level would give the bears a run at the $37,986 support level.

The 14-Daily RSI reading, 37.57, indicates a BTC fall below the Tuesday low of $38,547 before entering oversold territory.

U.Today - Ethereum's long-term holders have overtaken Bitcoin's, marking only the second occurrence of such an event. The value's growth confirms a relevant market thesis: Ethereum is still in the accumulation mode, despite the relatively weak market performance.

The "Hodler Ratio" chart indicates that the percentage of Ethereum holders committed to holding their assets for the long term has seen a steady increase, now surpassing that of Bitcoin. This metric is crucial as it demonstrates the trust that investors place in the network's future.

Ethereum's ability to surpass Bitcoin in the percentage of long-term holders can be attributed to several factors. The continuous development of the Ethereum network, including the new road map and the growing ecosystem on Layer 2 networks, boosted investor confidence. Furthermore, the majority of investors believe that Ethereum is still lagging behind and has not yet shown its true market potential.

.

Larry Fink, the CEO of Blackrock, the world’s largest asset manager, says he has become “a big believer” in bitcoin, emphasizing that it is “bigger than any government.” Calling the cryptocurrency “digital gold,” the executive stressed: “Unlike gold, where we manufacture new gold, we’re almost at the ceiling of the most of the amount of bitcoin that could be created.” Blackrock’s chief also sees value in having Ethereum exchange-traded funds (ETFs).

Blackrock CEO Larry Fink Is a ‘Big Believer’ in Bitcoin
Larry Fink, the CEO of Blackrock, the world’s largest asset manager, shared his outlook on bitcoin, crypto, and the spot bitcoin exchange-traded fund (ETF) market, in an interview with CNBC and Fox Business Friday. Blackrock’s spot bitcoin ETF, the Ishares Bitcoin Trust (IBIT), was among the 11 spot bitcoin ETFs approved by the U.S. Securities and Exchange Commission (SEC) on Wednesday.

Describing bitcoin, Fink shared with Fox Business: “If you’re in a country where you’re fearful of your future, fearful of your government, or you’re frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long-term store of value. Like I said, it’s like digital gold.” The Blackrock chief added:

It’s an international ledger that’s cross-border. It’s bigger than any government.

In an interview with CNBC, Fink explained why he thinks the price of bitcoin will go up. “I believe it goes up as the world is more frightened. If people have fearful geopolitical risks, they’re fearful of their own risk … And unlike gold, where we manufacture new gold, we’re almost at the ceiling of the most of the amount of bitcoin that could be created.”

Fink admitted that three years ago he was a “naysayer,” noting: “About two years ago, I switched, and I’m actually … in the last few years, I’m a big believer.” Emphasizing that he believes bitcoin is an asset class, Fink explained: