| All eyes firmly on the CPI report due on Jan. 12 If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active uer at FreeBitco.in. Your User ID 4327909 was last active on 2023-01-08.  LAST WEEK IN CRYPTO Hello FreeBitco.in Users! Let's take a look at what happened Last Week in Crypto: ➤ Bitcoin's Fresh Start 2023's First Trading Week Brings a Three-Week High for Bitcoin BTC | BITCOIN $17248.00 +1.44%  After a disappointing festive period, BTC started the new year on a positive note, closing out the first trading week of 2023 with a three-week high of $17,000. At the time of writing, Bitcoin trades at $17,200. Analysts and traders are looking to the U.S. CPI report on Jan. 12 as a potential catalyst for a relief rally. Euro CPI came in at 9.2% instead of the forecasted 9.6%, which indicates that inflation might finally be cooling off. Also, key figures in the industry believe that BTC might finally be ready to break out of the $16,000 - $17,000 range it has occupied for the past several weeks. The 50DMA and the 20-day EMA have overlapped, and the price action has reclaimed both as support at the moment. Should the CPI report drop below 7%, that could fuel a rally to $19,000 in the coming weeks. All eyes on Jan. 12 now. Here's How You Can Win Big This Week      DOWNLOAD XFUN WALLET   CRYPTO NEWS WEEKLY ROUND UP Indonesia Set to Launch a National Crypto Exchange This Year  As part of a broader financial reform launched in Dec. 2022, Indonesia is set to create a national crypto exchange in 2023. This move will be the beginning of an eventual shift of oversight from the Commodity Futures Trading Regulatory Agency of Indonesia to the Financial Services Authority (FSA). Suminto Sastrosuwito, Director General of Budget Financing and Risk Management, stated, ''...crypto assets have become investment and financial instruments, so they need to be regulated on an equal basis with other financial and investment instruments.'' Trading in digital assets is largely legal in Indonesia. With over 275 million people, Indonesia is the world's fourth-most populous country, and this move could boost further adoption of digital assets. Mastercard Ramps Up Blockchain Exposure With Web3 Musician Accelerator Program  On Jan. 7, Mastercard announced the ''Mastercard Artist Accelerator'' program to help musicians build their careers via Web3. It is a Polygon-based program that will connect five emerging musicians from across the globe with mentors to enable them to set up their brands in the Web3 space. "The artists will gain exclusive access to special events, music releases and more,'' read a blog post announcing the development. ''A first-of-its-kind curriculum will teach the artists how to build (and own) their brand through Web3 experiences like minting NFTs, representing themselves in virtual worlds and establishing an engaged community." Polygon Studios CEO Ryan Watt noted that Web3 can enable artists to ''grow a fanbase, make a living, and introduce novel mediums for self-expression and connection on their own terms." For those that aren't selected for the program, Mastercard is launching an NFT collection called the ''Mastercard Music Pass''. A live-streamed artist showcase later in the year will form the climax of the program. STAY TUNED FOR THE LATEST NEWS EVERY WEEK Keep an eye on your inbox for your weekly dose of cryptocurrency news, updates, trends, analysis, and more. 
Get Latest News
This email was sent to unilesstari.blog01@blogger.com because you have registered an account at FreeBitco.in. To unsubscribe from future promotional notification emails, please opt-out here. |
BTC Begins 2023 With Multi-Week High
Advertisement
