CryptoAddicted

BREAKING: 🇸🇻 El Salvador approves bill to enable launch of #Bitcoin bonds 🙌 👀 @cryaddicted

📰 Top Crypto News this Week 📰 #1-🤯Coinbase cuts another 20% of its workforce #2-🛑Binance denies its stablecoin isn’t fully backed #3-💰USDC transfer volume hit 5X USDT's #4-🇦🇷Argentina to encourage citizens to reveal crypto holdings #5-🇳🇬 Nigeria to create the stablecoins regulation @cryaddicted

JUST IN: #Binance approved to operate in Sweden 🇸🇪 $BNB 🚀🚀🚀 ?… (Not financial advice) @cryaddicted

Something to think about… 👀 (Not financial advice) @cryaddicted

JUST IN: $50 billion Group One Trading just bought $240 MILLION of MicroStrategy shares, per Bloomberg 👀 Wall Street is buying the #Bitcoin dip ✊🔥 @cryaddicted

JUST IN: Crypto.com Delists Tether ($USDT) in 🇨🇦 Canada Citing its compliance with regulators in the country, Crypto.com has announced its decision to delist Tether in Canada. Decrypt has reported on a notice sent to users in the country that the cryptocurrency exchange platform will no longer support transactions involving the stablecoin. The exchange’s support of Tether transactions will end on Jan 31. 🫢 What is happening? @cryaddicted

BREAKING: 🇺🇸 Ex-Coinbase manager's brother sentenced to prison in world's first crypto insider trading case Source: (Link) @cryaddicted

World Bank Warns of a Global Recession in 2023 💰📉 The fears of a recessionary state have lingered throughout 2022, which then sported near-constant increases in rate hikes. That decision could have implications for the coming year. In news surfacing today, the World Bank cut its 2023 growth forecast to a level that sees many countries on the brink of a recessionary status. Moreover, with the continued impact of Russia’s war on Ukraine, and the central bank’s rising interest rates, the economic outlook for 2023 is growing grim. @cryaddicted

‼️JPMorgan CEO calls #Bitcoin a “Decentralized Ponzi Scheme” Also JPMorgan: “We replace real estate with digital assets as our preferred alternative asset class” (05.25.2022) @cryaddicted

JUST IN: 🇳🇵Nepal orders internet service providers to block #crypto-related websites and apps. 📊 Nepal’s Number of Crypto Users: 4.4% (1,326,623 people) Could this happen to other countries? What do you think 👀 @cryaddicted

A Belgian Member of Parliament took his salary in #Bitcoin during all of 2022 and didn't sell once 🇧🇪 "I put this salary in Bitcoin on a cold wallet every month and I haven't touched it" 👏 @cryaddicted

The #Bitcoin Network processed $41,461,179,862 worth of transactions while banks and the stock market was closed this weekend. 🔥🤯 Crazy number!!… @cryaddicted

Ark Invest's Cathie Wood: Our capitulation metrics show #Bitcoin bottomed and is ready to turn 🚀 👀👀 @cryaddicted

85% of #bitcoin is not moving. More users everyday are choosing to HODL #bitcoin for the long-term. This is a clear indication of the growing trust and confidence in the world's first decentralized monetary network @cryaddicted

🇸🇻 El Salvador's #Bitcoin city will be free of income, property, and capital gains taxes! 🙌 @cryaddicted

‼️ BlackRock to add #Bitcoin  exposure to $15 billion Global Allocation Fund with cash-settled futures. ‼️ @cryaddicted

JUST IN: 🇷🇸 Prince Philip of Serbia confirms he’s "working on" Serbia buying #Bitcoin 🙌🔥 @cryaddicted

43 out of 100 top global brands has already tippy toed into web3, in loyalty and NFTs. Slowly but surely! 🔥🔥 @cryaddicted

Peter Schiff: Bitcoin Price Will Never Reach $100,000 Schiff, a well-known financial analyst and investor, has been very vocal in his criticism of Bitcoin. He believes that cryptocurrency does not have any intrinsic value, as it has yet to prove itself as a safe store of value or currency.  The gold bug recently warned that Bitcoin was heading to zero.   His Bitcoin price predictions have been largely inaccurate. In 2018, he predicted that the currency would fall to $1,000 and urged people to sell their Bitcoins before it happened. He also predicted in 2020 that the currency would reach zero. Neither of these predictions came true. While Schiff's forecasts have not been accurate, it should be noted that he was right about the cryptocurrency bubble of 2021 when Bitcoin rose to an all-time high and then crashed soon after. He correctly identified this bubble before it popped, although he failed to predict its effects or exact timing accurately @cryaddicted