News
U.S. regulators have resisted Bitcoin ETFs but that may soon change https://t.co/VDHsn5VIvu
— Bloomberg Crypto (@crypto) February 10, 2021
"The government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto assets in financing illegitimate activities." https://t.co/S2LvSCNYY1
— Bitcoin News (@BTCTN) February 10, 2021
Twitter ripping higher after its CFO said it was considering (just considering!) buying bitcoin on its balance sheet. Up 15% pic.twitter.com/3SQe4Yl4Sy
— Frank Chaparro (@fintechfrank) February 10, 2021
Charts
According to Cambridge estimates, Bitcoin mining electricity usage is now on par with the total power consumption of countries such as Argentina and Norway.https://t.co/XeymCmeqqW
Source: @CambridgeAltFin, h/t @jasonzweigwsj pic.twitter.com/h1ch444rpV
— (((The Daily Shot))) (@SoberLook) February 10, 2021
There are 200,000 #Bitcoin addresses holding ≥ 6.15 BTC
cc: American Hodl pic.twitter.com/DziGWB1tR2
— Rafael Schultze-Kraft (@n3ocortex) February 9, 2021
The number of #Ethereum addresses holding more than 10,000 $ETH (≥ $17M) has seen a steep increase in the past 3 months, reaching levels not seen since May 2019.
Chart: https://t.co/pIKKSv9MIf pic.twitter.com/n0ehN4aCqd
— glassnode (@glassnode) February 10, 2021
BTC and ETH each have more daily active addresses than XRP, XLM, LINK, LTC, ADA, BNB, and DOGE combined.
Read more in this week's State of the Network:https://t.co/1XkDeQd4cL pic.twitter.com/FcIfM7sQae
— CoinMetrics.io (@coinmetrics) February 9, 2021
Analysis
In his op-ed on @CoinDesk, @jdorman81 of @Arca presents a different type of crypto “fundamental analysis,” and shows how connecting the dots between assets can reveal some interesting opportunitieshttps://t.co/3b6vAdDK4l
— CoinDesk Research (@CoinDeskData) February 9, 2021
We’re fked guys. We need to find a more bullish model now.
We’ll blow past $100,000 before the next #Bitcoin halving
Actual price: $46,548
Model price: $33,102 pic.twitter.com/ffeLD1HkG4— Mira Christanto (@asiahodl) February 10, 2021
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