Another month passed by, and as we gear up for an eventful time of year, here’s a recap of the past week:
This week’s charts reveal an optimistic outlook for Bitcoin, underlining its continued growth and potential.
First of all, the number of wallets holding at least $10,000 worth in Bitcoin has surged to an impressive 2.6 million, nearly approaching an all-time high. This milestone underscores the growing trust and investment in Bitcoin, signaling a robust and expanding market.
Second, a remarkable 90% of all Bitcoin units are currently held in profit. This statistic is a testament to the resilience and foresight of investors who endured and thrived through the market’s fluctuations, proving the long-term viability and reward of Bitcoin investments.
Finally, the Bitcoin network is making significant strides in transaction value, settling $7.1 billion per day, exclusive of non-economic transactions like exchange internals. This figure is rapidly approaching all-time highs, highlighting Bitcoin’s increasing utility and acceptance in high-value transfers.
Each graph paints a picture of a flourishing Bitcoin ecosystem, hinting that the best is indeed yet to come.
Committed to helping you achieve your 2024 financial goals, we offer critical insights on the major digital asset megatrends. Based on your recent picks, we hosted RWA on LinkedIn Audio, scheduled an AI & Blockchain broadcast for February 20th, and CBDC advancements X space on February 26th. Cast your vote for the next topic you’d like to learn about and we’ll deliver:
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Don’t forget to review the list of primary and secondary security tokens offered on our platform, each representing a different industry and a unique opportunity.
A milestone was reached this week. Trucpal has successfully concluded its first tranche of STO after sharing its revenue with investors and announcing two rounds of dividends. This tranche is set to officially close on February 29th! It’s your last chance to invest in Trucpal’s STO under the existing terms! ACT FAST!
This week, you paid extra attention to a tweet featuring an inspiring quote from LearnVest’s CEO Alexa von Tobel, emphasizing the importance of a good financial plan as a roadmap for our future choices. The tweet continued with Republic Note’s clear roadmap, offering direct access to the trillion-dollar private equity industry and turbocharging portfolios with exposure to Republic’s expanding venture portfolio of over 750+ assets.
INX Academy offers multiple articles and guides to help you better understand this evolving market and the wealth of opportunities it has to offer.
This week, all eyes were on the Super Bowl, the magnet for sports fans worldwide who, more than ever, feel like they’re part of the team. INX Academy offers in-depth articles explaining how fans can be involved with their team every day of the year.
To celebrate the ultimate fan moment, here are the top three fan token articles:
INXers, our global INX community on Telegram, engage in lively discussions, recognize trends, share news, and debate critical issues. Each week, we gain insights into their perspectives and preferences through a weekly poll.
Poll of the Week:
With approximately 70 days left until Halving Day, what’s your $BTC Halving Day Price Prediction?
The vote is still ongoing.
Join our community on Telegram to cast your vote.
We have a busy week ahead.
Stay tuned for more updates!
The INX Digital Company inc. is an expert in the field of finance, crypto and digital securities.