By James Van Straten (all times one unless otherwise stated)

Bitcoin (BTC) continues to climb the WURS of Worress and push over $ 97,000 despite hotter than expected US consumer and producer price inflation reports in the last few days. It’s a surprise. As prices are rising and the likelihood of a bold rate being cut, you would expect risky investments like Cryptocurrencies at least should pause.

The lively behavior may be supported by signs that inflation is still seen as facilitating in the coming months.

“Bitcoin could probably get some relief in the short -term assessment of the high -frequency US inflation indicator of truflation, suggesting a significant decline in headline inflation in the coming months,” said Andre Dragosch, the head of European research at Bitwise. Truflation US Inflation Index currently shows 2.06%, indicating a potential fall.

Dragosch also noticed the Federal Reserve’s cautious attitude, suggesting that the central bank is very aware of what happened in the 1970s, when three waves of inflation hit tops of 6.2%, 12%and 15%.

“Fed is afraid of the inflation scenario in the 1970s, which is why it is taking a more cautious approach at the moment and is afraid of cutting out aggressively,” he said.

All of this means that the Bitcoin Bull market is far from over if historic trends endure. Look at the 200 -week moving average (a period of almost four years!). It is currently around $ 44,200, during the previous market top of $ 69,000 from November 2021. Previously, the average has risen against the prior record, a step that involves additional price growth is on the cards.

Also, consider that short -term holders have accumulated 1.5 million bitcoin since September, which shows continued demand from investors who tend to keep their BTC for less than 155 days.

On the public company front, Coinbase followed Robinhood with a strong earnings, and Gamestop is considering a Bitcoin investment, another potential catalyst for the market. Stay aware!

What to look at

• Crypto:
• Macro
  • February 14, 8:30: The US Census Bureau releases January’s retail data.
    • Retail Sales Mother Est. -0.1% vs. Prev. 0.4%
    • Detail Sale Yoy Prev. 3.9%
  • February 18 at. 10:20: San Francisco Fed President and CEO Mary C. Daly gives a speech at the conference for community bankers in Phoenix. Livestream -link.
  • February 19, 14:00: Fed releases minutes of the FOMC meeting 28-29. January.
• Earnings
  • February 18: CoinShares International (CS), Pre-Market
  • February 18: Semler Scientific (SMLR), Post-Market
  • February 20: Block (XYZ), Post-Market, $ 0.88
  • February 26: Mara Holdings (Mara), $ -0.13

Token -events

• Management votes and calls
• Unlock
  • February 14: Starknet (Strk) to lock 2.48% of circulating supply worth $ 15.19 million.
  • February 15: SEI (SEI) to lock 1.25% of circulating supply worth $ 13.46 million.
  • February 16: Arbitum (Arb) to lock 2.13% of circulating supply worth $ 46.2 million.
  • February 16: Avalanche (Avax) to lock 0.4% of circulating supply worth $ 43.55 million.
  • February 21: Quick Token (FTN) to lock 4.66% of circulating supply worth $ 78.8 million.
  • February 28: Optimism (OP) to lock 2.32% of circulating supply worth $ 36.67 million.
• Token launches
  • February 14: Pudgy Penguins (Pengu) to be listed on Coinbase, according to a post shared by the Pudgy Penguins account.

Conferences:

Coindesk’s consensus about taking place in Hong Kong on 18-20. February And in Toronto on 14 to 16 May. Use the code’s diary and save 15% on passports.

Token Talk

By Francisco Rodrigues

Binance founder and former CEO Changpen Zhao’s dog has been the city. After revealing that he had the pet and was bombarded with requests for information, he eventually gave to know that Memecoins would be launched.

Zhao shared a photo of himself with the Belgian Malinois named Broccoli in a long -term post that inspired a slain Memecoins. These tokens, which traded under Ticker -Broccoli, debuted both BNB chain and Solana.

Some so significant price increases right after their introduction to reaching billions of dollars plus market hoods as dealers rushed in. When the hype faded, the prices did too. Wealth was created and sold over broccoli.

For example, a trader used less than $ 1,000 to create a token inspired by the dog and started selling tokens just two minutes later. The trader managed to earn $ 6.5 million on the launch, which Coindesk’s Danny Nelson reported.

The volatility affected the price of the BNB itself, which is now 6.6% lower within the last 24 hours, while Bitcoin and Ether are both slightly up. PANDEKESWAPS Cake token, which had risen more than 70% in the week, is down to 18% during the same period.

Elsewhere, the Trump-backed Defi Protocol WLFI has continued to accumulate tokens and bought about $ 5 million value of wrapped Bitcoin (WBTC) and $ 1.4 million movement (MOVE).

Derivatives Location

• XRP’s eternal financing rates remain a little negative, indicating a bias for shorts despite a 10%price increase. If prices continue to rise, these shorts can throw the towel in, squeeze their bets and add an upward price in prices.
• LTC, XLM and DOGE have seen net purchases in eternal futures, according to the open interested cumulative volume-delta traced by Velo data.
• BTC CME FUTURES BASIC remains under ETH base.
• Block Strows on Deribit directly contained long time in calls out of money and a bull call spread. In ETH, a call option was filed for $ 3,300 strike in the outlet of March, according to AmberData.

Market Movement:

• BTC has risen 0.57% from 16:00 a Thursday to $ 97,093.36 (24 hours: +0.96%)
• ETH has risen 1.39% of $ 2706.09 (24 hours: +1.13%)
• Coindesk 20 has risen 3.70% to 3,324.03 (24 hours: +3.85%)
• Ether Cesr Composite Staking Rate has risen 1 BPS to 3.06%
• BTC -Financing rate is at 0.0035% (3,8632% annual) on Binance

• DXY is down to 0.32% at 106.97
• Gold has risen 1.17% of $ 2,960/OZ
• Silver has risen 4.32% to $ 34.06/oz
• Nikkei 225 Closed -0.79% at 39,149.43
• Hang bed closed +3.69% at 22,620.33
• FTSE has dropped 0.26% at 8,741.88
• Euro Stoxx 50 is unchanged at 5,501.78
• DJIA closed Thursday +0.77% at 44,711.43
• S&P 500 CLOSED +1.04% at 6.115.07
• Nasdaq closed +1.5% at 19,945.64
• S&P/TSX Composite Index Closed +0.53% at 25,698.5
• S&P 40 Latin America closed +0.69% at 2,438.53
• US 10-year-old Treasury dropped 7 bps on 4.53%
• E-MINI S&P 500 Futures are down 0.1% to 6.129.25
• E-MINI NASDAQ-100 FUTURES ARE UNIFRELED AT 22.107
• E-mini dow jones industrial average index futures is down to 44,686

Bitcoin -Statistics:

• BTC Dominance: 60.58 (-0.63%)
• Ethereum to Bitcoin ratio: 0.02783 (0.47%)
• Hashrate (Seven-Day Sliding Average): 818 EH/S
• HashPrice (Spot): $ 54.1
• Total fees: 5.67 BTC / $ 546.770
• Cme futures open interest: 167,750
• BTC priced in gold: 33.0 oz
• BTC VS GOLD MARKET CAP: 9.37%

Technical analysis

• XRP has jumped from the Ichimoku Cloud Support and kept the wider bullish views intact.
• Prices appear to be heading towards the falling trendline resistance, which, if topped, is likely to give a step to detect heights.
• A potential feature under the cloud would signal a bearish trend change.

Crypto shares

• Microstratey (Mstr): Closed Thursday of $ 324.92 (-0.58%), an increase of 0.6% to $ 327.03 in pre-market.
• Coinbase Global (Coin): Closed to $ 298.11 (8.44%), down 1% at $ 295.12.
• Galaxy Digital Holdings (GLXY): Closed to C $ 28.37 (+5.58%)
• Mara Holdings (Mara): Closed to $ 16.91 (+4.13%), an increase of 0.65% to $ 17.02
• Riot Platforms (Riot): Closed to $ 12.23 (+9.59%), an increase of 0.1% to $ 12.24.
• Core Scientific (Corz): Closed to $ 12.54 (+3.72%), dropped 0.32% to $ 12.50.
• Cleanspark (CLSK): Closed to $ 10.67 (+1.43%), an increase of 0.66% to $ 10.74.
• COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 23.28 (+2.42%), dropped 1.12% of $ 23.02.
• Semler Scientific (SMLR): Closed to $ 49.45 (+3.69%), an increase of 1.86% to $ 50.37.
• Exodus Movement (2.

Etf is flowing

SPOT BTC ETFS:

• Daily Net Tream: -$ 156.8 million
• Cumulative net streams: $ 40.05 billion
• Collected BTC holdings ~ 1,171 million.

SPOT ETH ETFS

• Daily Net Tream: $ 12.8 million
• Cumulative net streams: 3.14 billion dollars
• They gathered eth Holdings ~ 3,777 million.

Source: Father’s page -Investors

Flows overnight

Today’s chart

• The chart shows yields on the US 10-year-old Treasury.
• The 10-year dividend has fallen by 27 basic points in four weeks, while the two-year dividend has fallen 10 base points.
• The so -called Tire Flat of the Treasury is a positive sign of risk assets per day. Some observers.

While you were asleep

In ether