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Feb 20 • 4 tweets • 7 min read
🔝#Bitcoin Skyrockets to All-Time High in 2023: Is it the Right Time to #Invest?💥

📰Let’s dive into your weekly digest of specially curated reads by #Matrixport 📰

What’s #trending in #cryptocurrency?
⬇️⬇️⬇️ Image
1️⃣ #Bitcoin Rockets Past $24.7K to Reach 2023 High

2️⃣ #Paxos Reportedly Ordered to Stop Issuing #BUSD; #Tether’s #USDT Gains $1b

3️⃣ #Polygon Announces Launch Date for #zkEVM #Mainnet Beta in March
4️⃣ #Binance and #HuobiFreeze $1.4M in #Crypto Tied to #HarmonyBridge Theft

5️⃣ #ConfluxNetwork Partners with #China Telecom to Build #Blockchain-Enabled SIM Cards

READ OUR #NEWSLETTER IN FULL: bit.ly/3XIWLxQ
🚀 #Stake your #ETH now with #Matrixport's Native #Staking and earn up to 5.61% #APY! 🤑 Professionally audited, secure, and easy to use. Don't wait, start staking today!

⚡️Grow your wealth with Matrixport App here: bit.ly/3P2DzHZ

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More from @realMatrixport

Matrixport Profile picture
Feb 22
🔥 The newest hype in the #crypto space: #ordinal #NFTs

#Minted directly on the #Bitcoin #blockchain! 🎨

💰 Learn how this multi-billion dollar #token is offering greater security, transparency, and use cases🧵👇

Also, it's best to sub to our TG
t.me/matrixportupda… Image
1/10 🚀 #OrdinalNFTs are the latest hype in the #crypto space! Unlike classic #NFTs which rely on #token standards like #ERC721, ordinal NFTs are #minted directly on the #Bitcoin #blockchain. This offers greater permanence and immutability on the distributed #ledger.
2/10 🎨 With #ordinalNFTs, users can inscribe digital art, profile pictures, videos, audios, and images directly onto #satoshis (the smallest unit of #Bitcoin). This means no need for additional #sidechains, L2 solutions, or #tokens! #cryptoart
Read 12 tweets
Matrixport Profile picture
Feb 20
Get ready for another #Bitcoin rally!🚀

Get all the deets in our 🧵⏬

Also, it's best to sub to our TG
t.me/matrixportupda…

#bitcoin #cryptocurrency #investing Image
1/10: Our Greed & Fear index dropped to mid-level last week, setting the market up for another #rally. With #Bitcoin still driven by #US #trading hours and a US public holiday on Monday, we expect US institutions to lift prices above 25,000 from Tuesday night onwards. Image
2/10: #Bitcoin and #Ethereum prices are both above their 50-day moving averages, which is a #bullish sign. The global #crypto market cap increased by 10.9% WoW to $1.17 trillion, with Bitcoin dominance at 40.4% for the week. Overall, the trend is up and the market is #bullish.
Read 12 tweets
Matrixport Profile picture
Feb 14
🚨 Paxos-Binance USD Issue Sparks Concerns over Stablecoin Oversight and Backing 🤔

Sub to our TG
t.me/matrixportupda…

🔢 What You Need to Know in 10 Bullet Points: 📝

#BUSD #Paxos #Binance #Stablecoins #Crypto 💰
1/ 🟢 #Paxos, a regulated trust company based in New York, issues and redeems the dollar-backed token #BUSD, licensed to be called "#BinanceUSD," a #stablecoin.
2/ 📉 In the past 24 hours, #BNB has dropped -6%, and around $2.4bn of shorts have been put on. But the issue does not appear to be around #stablecoins per se, what the market initially feared, but rather that #Paxos was not stringent enough with its oversight of the #BUSD.
Read 12 tweets
Matrixport Profile picture
Feb 13
🔥💰 Things are heating up! From bullish #Bitcoin & #Ethereum to underperforming #stablecoins & declining active addresses. Catch on these #alphatrades right here 🧵

Sub to our TG
t.me/matrixportupda…
1/10 💡 The "Greed & Fear" indicator just dropped from 100 to 50. This indicator is based on the technical momentum of #crypto prices and shows a shift in sentiment.
2/10 🚀 #Bitcoin is currently 21,781 above the 50d MA of 20,308, and #Ethereum is 1,514 above the 50d MA of 1,465, both with a price change of -6.7% & -9.2% WoW respectively. The overall trend remains #bullish.
Read 12 tweets

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