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2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
28.1.2024
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78%...
Bitcoin Stabilizes Over $42,000 as Crypto Fear and Greed Index Shifts to Neutral
28.1.2024
Recently fluctuating within the realms of “greed” and “extreme greed,” the Crypto Fear and Greed Index transitioned into a “neutral” phase on Sunday, Jan. 28, 2024. This shift coincides with bitcoin’s value jumping slightly over $42,000. In...
NFT Giant OpenSea Keeps Options Open for Potential Acquisition
28.1.2024
The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded...
Bitcoin Price to Hit $200,000 by 2025: Standard Chartered – Can Green Bitcoin Outperform BTC?
28.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Standard Chartered Bank predicts significant inflows into the market with the approval of BTC ETFs. In a recent report, the bank noted that there will be inflows of $50 billion to $100 billion this...
With VR and AR Poised To Explode, Crypto Project 5th Scape (5SCAPE) Can Spark Major Mainstream Breakthrough
28.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is filled with promising projects positioned for global success, and one notably significant niche is AR/VR gaming. This sector is steadily moving toward becoming a tangible...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
SEC Crypto Enforcement Reached New High in 2023
28.1.2024
U.S. Securities and Exchange Commission (SEC) crypto enforcement skyrocketed in 2023, with more than a 50% increase in crypto-related enforcement actions compared to 2022, according to a new report. The securities regulator “continues to view cryptocurrency-related enforcement as a...
JPMorgan Sees Downward Pressure Easing for Bitcoin as Grayscale Profit-Taking Fades
28.1.2024
Global investment bank JPMorgan says that profit-taking from Grayscale’s bitcoin trust (GBTC) has largely happened already. “This would imply that most of the downward pressure on bitcoin from that channel should be largely behind us,” the bank’s analyst explained....
Analysts Suggest Financial Giant Charles Schwab Poised to Shake Up Bitcoin ETF Market With Potential Late Entry
27.1.2024
In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the American multinational financial services corporation....
Could this $0.09 token be the next Solana? Whales are already taking positions
27.1.2024
Solana (SOL) has been one of the most recent success stories in the cryptocurrency market, rising more than 700% between January 2023 and January 2024. However, a recent pullback has paved the way for a new breakout star with similar or better potential.Retik Finance (RETIK) is a fairly...
BlackRock’s IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone
27.1.2024
BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11...
Bonk Price Prediction as $100 Million Floods In – Are Whales Buying?
27.1.2024
As the cryptocurrency market continues to evolve, Bonk (BONK) emerges as a noteworthy new player, currently trading at a striking $0.000012. With a significant influx of approximately $116.6 million in trading volume in just 24 hours, Bonk is drawing attention in the crypto space. Despite...
Market Eyes Major Comeback as Money Pours Into $BTC, $ETH and $GFOX
27.1.2024
The general market capitalization is increasing, with top cryptocurrencies like $BTC and $ETH gaining more liquidity. Market indicators suggest that a major comeback is imminent, and many cryptocurrencies are billed to experience a sustained rally during this period. Galaxy Fox‘s retail phase...
Shiba Inu Team To Begin Auto Burn Testing, Sei and NuggetRush Remain Bullish
27.1.2024
TLDR: NuggetRush has risen 80% so far during its presale. Shiba Inu Team wants to begin testnet deployment for auto burn this January. Analysts have predicted that the price of Sei will reach $0.805291 soon. The Shiba Inu team is gearing up to start testnet deployment for its auto-burn feature this...
Chinese Investors Are Turning to Crypto Amidst a National Stock Market Slump
27.1.2024
Chinese investors are increasingly putting part of their portfolios in cryptocurrency due to the state of the national stock market. According to reports, investors are using exchanges like Binance or Okx, or Hong Kong local exchanges, to purchase crypto using payment methods like Alipay...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
Best Crypto to Buy Now January 26 – Chiliz, Conflux, Optimism
26.1.2024
The cryptocurrency market has shown promising signs of strength today, with Bitcoin climbing 5% to trade around $42,000. This upward momentum has provided further tailwinds for altcoins like Chiliz (CHZ), which has surged 25% over the past month. With major partnerships and developments in...
Crypto Stocks Surge as Analyst Says ‘Not The Time to Turn Bearish’ on Bitcoin
26.1.2024
Bitcoin’s recovery has relieved investors as crypto stocks also post gains. Image by rybindmitriy, Adobe Stock. The crypto market experienced whiplash this week, with Bitcoin and related crypto stocks seeing a sharp selloff followed by a big rebound. After falling below $39,000 early in...
Is Bitcoin Going To Zero As Grayscale Sends 10,000 BTC To Coinbase – Best Altcoins To Invest In Right Now
26.1.2024
Investors are fretting over whether Bitcoin might be going to zero, as digital asset management firm Grayscale continues to dump BTC on the market from its Grayscale Bitcoin Trust (GBTC) ETF. Just on Friday, Grayscale sent another $400 million worth of BTC to Coinbase to be sold, crypto analyst...
Cardano Price Prediction as 10,000 New Smart Contracts Added – Can ADA Overtake Solana?
26.1.2024
The Cardano (ADA) price is rebounding on Friday after hitting multi-month lows earlier in the week under $0.45. The rebound mostly reflects an upturn in prices across the broader crypto market. Bitcoin (BTC) was up more than 5% in the past 24 hours, as per CoinMarketCap. The Cardano price was last...