iCrypto
557 subscribers
1.28K photos
29 videos
1 file
1.74K links
Latest crypto news & market insights
Download Telegram
Grayscale keeps adding Bitcoins to their fund. They goin' big!

Here is an overview of the last few days:

22-12-2020: +8703
23-12-2020: +12319
24-12-2020: +9603

— link
Bitstamp: In light of the SEC's recent filing alleging XRP is a security, we are going to halt XRP trading and deposits for all US customers on January 8, 2021. Other countries are not affected.

https://www.bitstamp.net/article/xrp-trading-and-deposits-be-halted-us-customers/
Bitcoin has been able to sustain above $23,000.

The IOMAP indicator supports that premise as is showing a strong level of support at the range between $23,069 and $23,377.1, where almost 900,000 addresses previously acquired 796,000 $BTC. — link
Things that didn’t exist on Christmas 15 years ago:

Bitcoin
iPhone
Twitter
Instagram
Android
iPad
App Store
Snapchat
Spotify
Airbnb
Uber
After briefly touching $25,000 early on Boxing Day, #Bitcoin flipped both Visa and Mastercard to become the 11th largest asset by market capitalization

Bitcoin: $461.9b
Visa: $459.9b
Mastercard: $332b

— link
Start of this #bitcoin bull run feels more like 2013 than 2017 — link
Inventory depletion on spot exchanges has stopped, signifying the re-accumulation phase of this macro cycle is likely complete. If this cycle mimics the last, inventory on exchanges will increase here on in as retail starts entering in large numbers, attracted by the price rises.

Retail tends to store more of their coins on exchanges which accounts for the inventory climb later in the cycle. This re-accumulation phase was 2x more powerful than the last cycle. It took 2x longer to complete and the depletion was 2x deeper. Very bullish. — link
Cash is a refuge from risk, but there is a price to pay. Would you sacrifice 98% of your opportunity to avoid the uncertainty of tomorrow? Volatility is Vitality. #Bitcoin is Hope. — link
Houston, we have a problem — link
Bitcoin’s market cap at $496b is now bigger than:

Visa: $459b
Walmart: $406b
JP Morgan: $376b
Mastercard: $332b
Disney: $314b
PayPal: $279b
Coca-cola: $228b
Netflix: $227b
Bitcoin is the largest financial service in the world.
According to google trends, #Bitcoin searches are still normal and not exploding. No FOMO yet and there is still lots of room for price to go up once there is actual mass interest picks up.
Let's look back at the past.
Bitcoin "Rainbow" price chart
Bitcoin was 23k on Dec 23rd
Bitcoin was 24k on Dec 24th
Bitcoin was 25k on Dec 25th
Bitcoin was 26k on Dec 26th
Bitcoin was 27k on Dec 27th

Bitcoin  IS NOW 28k on Dec 28th!
USA Based Exchanges:

Coinbase
Kraken
BinanceUS
Cex. io
Bitstamp
Gemini
Changelly
Bittrex
Coinmama
Localbitcoins
Nearly 2,000 dead cryptocurrency projects are cataloged at deadcoins .com

Hacks: 31
Scams: 780
Parodies: 102
Too stupid to survive: 1,070

— link