Bi-Weekly Bitcoin Market Report(Jan.2023)
Bitcoin and other cryptos have been showing signs of strength in the current uptrend.
Bitcoin, Ethereum Dips Over 2%, Shiba Inu Falls Over 4%
The largest cryptocurrency Bitcoin dropped by 2.71% in the last 24 hours. Ethereum, the second largest crypto dipped by 2.91%.
BTC Long-Term HODLers Hit All-Time High as Bitcoiners Refuse To Sell
Data from Glassnode analyzed by CryptoSlate indicates that long-term Bitcoin holders have hit an all-time high, with a focus on Bitcoin that was previously active 2+ and 5+ years ago.
Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’
During the podcast, Kiyosaki called gold, silver, and bitcoin “the hottest subject on the market today,” noting that real estate is no longer a hot topic. Emphasizing that the U.S. dollar is “fake money,” the famous author said:I like Bitcoin. I call it people’s money.
Billionaire Ray Dalio Says Bitcoin Isn't an Effective Money, Store of Value, or Medium of Exchange
Billionaire investor and hedge fund manager Ray Dalio offered his view on bitcoin in an interview with CNBC Thursday. Referring to the world’s largest cryptocurrency, he said:
Next Bitcoin Mining Difficulty Change Estimated to Decrease As Block Times Have Lengthened
The next mining difficulty change is slated for Feb. 12, 2023. At the time of writing, metrics indicate the difficulty could drop as low as 5.6% below the current rate. The decline in estimated mining difficulty for Bitcoin is due to slower-than-average block intervals. Prior to the last two difficulty increases, block times were faster, leading to the increases. Currently, data shows that block times have slowed since the last difficulty change, with times ranging from 10 minutes 44 seconds to 10 minutes 36 seconds.
Celsius Examiner Reveals Astonishing Facts; South African Retail Giant Accepts Bitcoin | Cointime Weekly Jan.29 – Feb.04
Binance re-enters South Korea with investment in crypto exchange Gopax; White House publishes ‘roadmap’ to mitigate crypto risks; Kraken has wound down operations in its Abu Dhabi office; Google invests $300Mn in AI start-up anthropic…
7 Reasons Why Altcoins Are Not the Future
Investing in altcoins is like going to the casino, you could have a lucky break but most likely you’ll lose your shirt.
Bitcoin Ban or Bitcoin to $1 Million? Charlie Munger vs. Cathy Wood
Charlie Munger thinks all crypto, including Bitcoin, should be banned. On the other hand, Cathy Wood thinks Bitcoin will be $1 million per coin by 2030. Who should you believe?
Bitcoin Falls After 517K Jobs Added in January, Beating Expectations
The U.S. added 517,000 jobs in January, reported the Bureau of Labor Statistics (BLS), a huge jump from the revised 260,000 in December, and massively beating economist forecasts for 185,000.