alejandro 8-)

Crypto Analyst Says February Will Be A Bullish Month For Bitcoin, Here’s Why Crypto analyst and long-term crypto investor Jelle has highlighted an interesting historical pattern that suggests that February could be bullish for Bitcoin. This would no doubt be a relief for BTC investors who have to deal with a bearish January for the flagship crypto token. Why February Could Be Bullish For Bitcoin Jelle stated in an X (formerly Twitter) post that “February should be strong” for Bitcoin “if history keeps repeating itself.” The history which he alludes to is the pattern where February turns out to be a green month for Bitcoin after it has seen a bearish January and had closed in the green for the last four months of the previous year. Data from Coinglass shows that the only other times (2015 and 2016) BTC closed the last four months of the year in the green, it went on to record a bearish January and a bullish February after that. Last year, Bitcoin closed September, October, November, and December in the green, thanks largely to the frenzy around the Spot Bitcoin ETFs. Bearing the historical pattern in mind, Jelle expects that February will once again be a green month for Bitcoin. Interestingly, Bitcoin’s gains in February 2016 and 2017 were significant, recording 20% and 23%. As such, there isn’t only the possibility of this February being green for Bitcoin but also coming with huge gains for the crypto token. The Bull Market Stays On In a more recent X post, Jelle highlighted how Bitcoin was back above the $42,000 level and hinted that there could be more move to the upside as he stated that the “bull market stays on.” The crypto analyst is known to be a reputable trader, as he had previously mentioned how his strategies helped him catch the BTC bottom and sell the top. From his X post, one could see that Jelle was predicting that the next significant upward movement from Bitcoin could see it rise to as high as $53,000. Interestingly, from the accompanying chart, there was a likelihood of this happening sometime in February. Such a move will once again establish that historical pattern which Jelle had earlier highlighted. Whatever happens in February, Bitcoin investors can still take comfort in the fact that Bitcoin still has over 500 days of bullish momentum, according to crypto analyst Ali Martinez. Bitcoin whales have so far remained steadfast, with an increase in those holding 1,000 BTC or more despite the flagship crypto token’s recent price decline. At the time of writing, BTC is trading just above $42,000, down over 1% in the last 24 hours, according to data from CoinMarketCap.

NEXO to Hold AMA on X on January 30th Nexo is a prominent digital assets institution, focusing on maximizing the value and utility of digital assets. It offers a wide range of products including advanced trading solutions, liquidity aggregation from top venues, and tax-efficient asset-backed credit lines. Its Instant Crypto Credit Lines allow users to obtain loans in fiat or stablecoins by using digital assets as collateral, supporting over 60 types of cryptocurrencies. Nexo also offers products like Earn Interest, providing daily payouts and compounding interest with flexible yields, and Nexo Pro, a trading platform with access to over 400 market pairs and features like Smart Order Routing for deep liquidity. The Nexo Card, developed in partnership with Mastercard, is a unique crypto-backed credit card allowing clients to spend their crypto’s fiat value without selling the assets. The NEXO Token is an ERC-20, Ethereum-based token, serving as the platform’s native currency. It is crucial to Nexo’s Loyalty Program, offering token holders various benefits such as preferential borrowing rates, cash-back, free withdrawals, and enhanced yield rates. The token’s market presence is established through open market trading, enhancing its utility and value within the Nexo ecosystem. #CryptoNews

Thailand Crypto Exchanges Getting Ready Ahead of Crypto Taxes Changes Cryptocurrency exchanges in Thailand started informing customers about tax implications that may arise from their cryptocurrency trading activities in the country. This development follows a slew of recent tax policies introduced by the Thai government to draw revenue from the space. Previously, the tax authorities in the region announced upcoming changes that will see crypto revenue subjected to certain taxes. Amidst the development, local exchanges based in Thailand have begun alerting customers about the changes. In particular, the cryptocurrency exchange Bitkub exchange has updated its website’s FAQ section to reflect these changes. According to the information provided, crypto taxpayers, as categorized by tax authorities, include “a person who has sold, paid, transferred, or exchanged a cryptocurrency/digital token” on an exchange registered in Thailand. The category also includes crypto miners and persons earning in cryptocurrencies. Furthermore, the FAQ page details information on taxes chargeable on digital assets held by users. However, the crypto exchange clarified that it does not disclose customers’ information to tax authorities except at the customer’s request. Meanwhile, a September 2023 report by Bangkok Post said most of the policy changes are directed at income or assets acquired overseas. Per the report, the tax is seemingly directed at various groups, including citizens involved in cryptocurrency trading activities in the country. However, this is not the first time the Thailand government has introduced taxes directed at crypto trading. In January 2022, tax authorities in the region introduced a 15% capital gains tax on profits earned from cryptocurrency trading activities. Thais and foreign nationals who have spent more than 180 days per year in the country will be subject to the taxes once they take effect. #CryptoNew

Here’s what happened in crypto today Coinbase chief legal officer Paul Grewal accused the United States Government Accountability Office (GAO) of performing "zero analysis" in its latest crypto report. Do Kwon-founded Terraform Labs has filed for Chapter 11 bankruptcy protection. Meanwhile, Grayscale has seen the assets held by its Grayscale Bitcoin Trust (GBTC) fall by roughly $5 billion over the past weekend. US GAO performed ‘0 analysis’ for crypto report on evading sanctions — Coinbase exec Coinbase chief legal officer Paul Grewal came down heavily on the United States Government Accountability Office (GAO) over its recent report on crypto use for evading sanctions. In the same report that blames cryptocurrencies for helping bad actors evade sanctions, the GAO admits that cryptocurrencies decentralized nature and public ledger could enable “U.S. agencies and analytics firms to trace transactions and potentially identify illicit actors.” Apart from that, the report admits that using digital assets as a means of payment is limited. The report also noted that implementing global standards may increase compliance with Anti-Money Laundering (AML) regulations. Do Kwon’s Terraform Labs files for Chapter 11 bankruptcy protection Do Kwon’s Terraform Labs, the company behind the now-defunct stablecoin TerraUSD (UST), has filed for bankruptcy protection in the United States. The firm filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware, citing between $100 and $500 million in estimated liabilities and assets, according to a Jan. 21 filing. #CryptoNew

@MoistCr1TiKaL DJ Khaled's incredibly captivating intellect never fails to leave me awestruck. It astounds me how he can become utterly mesmerized by the mere sight of a man sitting casually without a shirt.

DJ Khaled has the most fascinating mind. Loses his marbles over a guy sitting shirtless

Building wealth is a marathon, not a sprint. Set goals, stay focused, and remember that every small step forward accumulates into

True wealth is found in the balance between financial prosperity and meaningful experiences. Invest in your passions, nurture relationships, and let success be measured in happiness and fulfillment.

@jessy_maridian ps enamorada

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@MarcoFabian_10 bien y tu cuidate ke te mejores de tu pie atentamente alejandro muñoz soy tu fan numero #1

yeah tengo twitter :P