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Ripple’s XRP Ousted From Hong Kong Virtual Asset Consortium’s Top Crypto Index
16.1.2024
As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships. Ripple’s XRP Loses Ground in HVAC’s...
Bitcoin Price Prediction as Greed Index Hits Neutral Post-ETF Launch – Are Investors Losing Confidence?
15.1.2024
In the dynamic realm of cryptocurrency, Bitcoin‘s price trajectory has recently taken a downward turn, falling to $42,000 amidst diminishing enthusiasm for Bitcoin exchange-traded funds (ETFs). This decline occurs against the backdrop of a slightly contracting global crypto market, which...
BRC-20 Inscription Growth Key for Bitcoin’s Continued Dominance in 2023 – Binance Research
15.1.2024
The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year. In their 140-page report, the research...
ETH Beta Profits at Launchpad XYZ as Traders Shift from OP and MATIC to Pocket 2,917% ROI, ICO May Sellout
15.1.2024
Monday, 15 January 2024 – Volatility has returned to the crypto market with a vengeance and that’s good news for the consumers of the trading signals from Launchpad XYZ, where recent returns are hitting 2,917% ROI. Based on its proprietary technology, the Web3 platform’s trading...
Defunct Celsius CEO Mashinsky Moves to Sweep Fraud Charges Under Carpet
15.1.2024
Source: Video screenshot, Youtube/Nasdaq The former CEO of the Celsius Network, Alex Mashinsky, has filed a motion requesting the dismissal of charges related to commodities fraud and market manipulation. This request was made through his legal team. Giving reasons for this request, Mashinsky noted...
Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading
15.1.2024
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token...
Stablecoin Leader Tether Approaches 100 Billion in Circulation
15.1.2024
Source: Adobe / Jim Tether, the issuer of the popular USDT stablecoin, has strengthened its dominance in the stablecoin market by approaching 100 billion tokens in circulation. The company’s market share expanded significantly in 2023, growing from 50% at the beginning of the year to over...
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
15.1.2024
Top cryptos Celestia, Sei, Aptos, Arbitrum, and Sponge are potential portfolio diversifiers ahead of the 2024 Bitcoin halving. Image by Thanasak Wongsuk, Vecteezy. With last week’s Bitcoin ETF launches and the 2024 Bitcoin halving event right around the corner, the crypto market is looking...
South Korea’s Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
15.1.2024
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South...
JP Morgan: Bitcoin ETFs Could See $25 Billion Inflows From Existing Products Without Fresh Capital
15.1.2024
Source: AdobeStock / Alexey Novikov Banking giant JP Morgan projects a huge inflow into spot Bitcoin ETFs from other cryptocurrency-related products even without new capital from the wider financial market. JP Morgan Market Trends Report Highlights Inflows Following Bitcoin ETF Approval In a recent...
Ethereum Price Prediction as ETH Stays Above $2,500 Amid Market Uncertainty – A Sign of Strength?
15.1.2024
Ethereum price predictions remain bullish as the ETH price stays above $2,500, despite growing market uncertainty about the near-term outlook. The Ethereum (ETH) price hit its highest level since May 2022 last week above $2,700. The pump was at the time driven by optimism about the approval of spot...
Ethereum Technical Analysis: ETH Stabilizes in a Narrow Range
15.1.2024
Today’s trading session commenced with ethereum oscillating between $2,480 and $2,532 in the past hour, enclosed within a daily range of $2,472 to $2,544. This restricted range hints at a brief stabilization period after a spell of recent market swings. Ethereum maintains a strong market...
Bitcoin Technical Analysis: BTC’s Subdued Start to the Week Amid US Market Closures
15.1.2024
Monday is anticipated to be a subdued day for trading activities, owing to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Over the past hour, bitcoin has been observed trading within the range...
Bonk Price Prediction As Renewed Buying Interest Develops into Bullish Pattern – Is $0.00002 the Next Target?
15.1.2024
The Bonk price has fallen by 5% today, dropping to $0.00001401 as the cryptocurrency market as a whole loses 0.5% in the past 24 hours. Yet BONK remains up by an impressive 40% in the past week, with the meme token witnessing a 0.7% gain in the past hour alone, as it begins to recover....
Solana Price Prediction as SOL Overtakes XRP – Is $10,000 SOL Possible?
15.1.2024
The Solana price has dipped by 2% in the past 24 hours, dropping to $95.31 on a day when the crypto market as a whole has fallen by 1%. Despite this loss, SOL remains up by 5.5% in a week and by 29% in the last 30 days, with its gains over these periods enabling […]
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Game Over for NFTs? Will the Market Recover in 2024
15.1.2024
Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space....
LBank Announces Fourth Launchpad, Featuring EchoLink
15.1.2024
PRESS RELEASE. LBank, a leader of global crypto exchange, announced the launch of its fourth Launchpad on January 26, 2024, featuring the project EchoLink. This announcement has garnered widespread market attention, following the significant success of LBank’s previous Launchpad projects...
Bitcoin Price Prediction: BTC Choppy Near $42,600, Ark & BlackRock Stir Buzz
15.1.2024
As the trading week begins, Bitcoin exhibits a choppy pattern, marginally up by 0.06% and hovering around $42,635. The cryptocurrency landscape is buzzing with notable developments that could shape its short-term trajectory. Ark Invest’s Cathie Wood, a known advocate for Bitcoin, continues...
BlackRock Buys Over 13 Days of Bitcoin Production: A Sign of Supply Shortage?
15.1.2024
In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues. According to InvestAnswers, BlackRock bought 11,439 Bitcoins following the official launch of their spot Bitcoin ETF. This amount...
Gamestop’s Cryptocurrency Adventure Pauses: NFT Marketplace Closure Looms
15.1.2024
In an announcement prominently displayed on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its intention to shut down the platform on Feb. 2, 2024. This decision means that users of the Gamstop NFT market will lose the ability to “buy, sell, or create NFTs.”...