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#BINANCE
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#BITMEX
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Nearly 78% of Bitcoin’s total circulating supply is illiquid. This leaves less than 22% of all mined BTC on exchanges. The metrics show investors have been storing their Bitcoin in custodial wallets, to avoid selling them. 15M BTC is now held in self-custody storage.

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⚡️Breaking News ⚡️

Russian President Vladimir Putin Backing Proposal To Tax And Regulate $Bitcoin Min
ing


Btc.d update:
Looking at the charts, dominance is clearly bullish. It it sustains above 42, it can go till 45+ making alts bleed more . So don't open any alt long at current level.


U.S. SEC REJECTS SKYBRIDGE SPOT BITCOIN ETF


Binance will remove and cease trading on the following trading pairs at 2022-01-21 03:00 AM (UTC):
DGB/BNB, IOST/BNB, NEBL/ETH, NMR/BNB, PIVX/ETH, REP/ETH, RVN/BNB, SC/BNB, STMX/BNB, SUSHI/BIDR


Bitcoin Death cross is very near






*Major Reason for Bitcoin Price Drops instantly*

Kazakh government resigns,
shuts down internet amid protests, causing #Bitcoin network hash rate to tumble 13.4%

No timeline exists
when the internet will switch back on in the 2nd biggest $BTC mining country in the world.


The #whale is back from holidays: first buy of 2022

The 3rd largest #Bitcoin whale wallet added 456 #BTC today at $46.3k for a total of $21M. Another consistent buy under $47k

In total, the whale added 13,043 BTC since Nov 12 (worth $603M), 3,545 BTC left to catch up to Saylor.


New #Bitcoin hashrate All Time High! the first time since its previous ATH on April 15, 2021. Congrats #BTC Miners

Interesting to note, at previous #hashrate ATH on April 15, Bitcoin price was also at all time high, $64k. Currently, Bitcoin price is only at $47k, large discount.


Retail continues to stack stronger than ever for this year. Meanwhile institutions and whales bought Aug-Sep, sold down Nov-Dec, and now swinging towards a buy zone in Jan 2022.

Net flow chart:
Orange = holders of >1000 BTC
Blue = holders of


Buying DOT/USDT

25$-28$

BUY partially at every dip

Hold mid term




#BITCOIN (12H timeframe)

The price has recently broken the long-lasting downtrend.

We still need to get back above that support zone so we can confirm the reversal

🆔


Turkey President: Crypto Law Headed to Parliament


Turkey’s draft crypto bill is ready and will soon be sent to parliament, Turkish President Recep Tayyip Erdoğan said Friday during a press conference in Istanbul.

“We will take a step right away and send [the draft bill] to the parliament,” Erdoğan said. Although Erdoğan didn’t disclose much in the way of details this time, he said in September that the government “has absolutely no intention of embracing cryptocurrencies.”

Erdoğan said at the time the country would "move forward with our own currency that has its own identity.”

Despite the tough words, there’s no expectation of a crypto ban. 🚀




Read More: https://decrypt.co/89311/turkey-president-crypto-law-headed-parliament



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