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Magic Eden Rewards, Treeverse, and Immutable – Top NFT News Today – 24 January
24.1.2024
The market for non-fungible tokens (NFTs) is not having the best of days, with significant drops across the board making the NFT news rounds today. Over the past 24 hours, the sales volume has dropped by nearly 20%. At the time of writing, it’s standing at $29,981,386. As we’ll see below,...
Viral Toaster Stunt Guy Banned From Twitch For 30 Days
23.1.2024
Australian-based Twitch streamer Boggles recently went viral after seemingly live-streaming a stunt that involved shoving metal forks into toasters and electrocuting himself. To be clear: Each time he did this it was fake, but that didn’t stop Twitch from banning the content creator for 30 days...
Pepe Price Prediction as PEPE Global Ranking Falls to 130 – Will PEPE Rise Again?
23.1.2024
The Pepe price has slumped to $0.000001015 today, falling by 7% as the cryptocurrency market as a whole drops by 5% in the past 24 hours. PEPE has now fallen by 16% in a week and by 27.5% in the last 30 days, with the meme coin also having lost 76.5% since reaching an all-time […]
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Denver Pastor Accused of Misappropriating $1.3 Million Raised via a Crypto Token Sale
23.1.2024
The Colorado Securities regulator has accused the pastor of an online-only church of illegally pocketing $1.3 million which was raised via the sale of a cryptocurrency he created. A judge in Colorado has since ordered the closure of the pastor and his wife’s bank accounts for 14 days....
Bitcoin Plummets Below $40K for First Time in 48 Days, Triggering Market-Wide Crypto Slide
22.1.2024
On Monday, Jan. 22, 2024, the value of bitcoin fell below the $40K mark for the first time in 48 days, as per market analysis. In the last 24 hours, bitcoin witnessed a 4% decline, with a 14.2% decrease observed over the preceding two weeks. Bears Take the Reigns—Bitcoin Falls Under $40K...
Digital Asset Investment Products Record $21M Outflows Despite $11.8B Trading Volume
22.1.2024
Digital asset funds have recorded a minor $21 million in outflows while trading volumes surged past $11 billion as crypto prices plummeted in the past seven days. CoinShares’ Digital Asset Weekly Fund Flows report on Jan 22 shows a slight decline in bullish momentum although inflows were...
Tokenization is a “New Financial World” – Is Larry Fink Right?
22.1.2024
The much-anticipated Bitcoin ETF approval on January 11 has set the crypto media alight. Still, despite some early signals of bullish action, the markets didn’t respond with quite the same enthusiasm, with BTC trading down 8% in the days immediately following the news. However, short-term movements...
Bitcoin ETFs Rapidly Accumulate 95,000 BTC, Nearing $4 Billion AUM
22.1.2024
In just six days of trading, the recently approved spot Bitcoin exchange-traded funds (ETFs) have collectively accumulated an impressive 95,000 BTC, with total assets under management (AUM) inching close to the $4 billion mark. According to Eric Balchunas, a senior ETF analyst at Bloomberg...
Bonk Price Prediction as Market Cap Suffers – Are Investors Shifting to Newer Cryptos?
22.1.2024
The Bonk price has slumped by 7% in the past 24 hours, plunging to $0.00001093 on a day when the wider crypto market continues to correct following this month’s Bitcoin ETF approvals. BONK has now declined by 22% in a week and by 40% in the last 30 days, although the Solana-based meme coin...
Cardano NFTs and Corporate Interest Spike – Top NFT News Today – 22 January, 2024
22.1.2024
The non-fungible tokens (NFTs) sales volume is like weather – changes daily, several times a day. Unlike weather, however, NFT news forecasts are a bit more difficult, so we can never be sure what to expect. After several days of drops, the 24-hour sales volume is up today by 4.55% to $36,306,092...
Solana Price Prediction as Stablecoin Transfers Hit Monthly Record of $300 Billion – SOL Adoption Rising?
22.1.2024
The Solana price has dropped by 6% in the past 24 hours, slipping to $87.69 as the cryptocurrency market as a whole falls by 2.5% today. After having a very strong December, SOL is now down by 8% in a week and by 8.5% in the last 30 days. However, the altcoin – the fifth-biggest […]
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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
22.1.2024
Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping...
Value Locked in Defi Surpasses $57 Billion, Securing Over $20 Billion in 3 Months
21.1.2024
Data from defillama.com reveals that over the past 93 days, the total value locked (TVL) in decentralized finance (defi) protocols escalated from $37.46 billion on Oct. 20, 2023, to the present $57.74 billion. Notably, 57.3% of the total value in defi is anchored in the Ethereum blockchain, while...
FDUSD Market Cap Skyrockets by $1 Billion in 2024, Clinching Top 4 Stablecoin Spot
21.1.2024
According to statistics, the stablecoin crypto asset FDUSD has seen its market capitalization grow by $1 billion since the start of the year. Presently, the supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days. FDUSD’s Market Cap Swells from $1.6 Billion...
GBTC’s Mixed Fortune: 54% Market Share in ETF Trade Volume Accompanied by $2 Billion BTC Exodus
20.1.2024
Over a span of six days in the U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs), along with the recently revamped GBTC, collectively saw a trading volume of $16.53 billion. GBTC, commanding the majority of this trade volume, experienced a substantial reduction in...
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
20.1.2024
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with a single exception occurring when it briefly fell...
DogWifHat Price Prediction as 500% Pump Shocks Market – Next Crypto Unicorn?
18.1.2024
A surge in Solana blockchain-based meme coin DogWifHat’s (WIF) price in recent days has shocked the market, with some claiming the token could be the next crypto unicorn. The DogWifHat price reached a new all-time high in the $53s earlier on Thursday, pushing its market cap at the time above $530...
Solana Price Prediction as Franklin Templeton with $1.5 Trillion AUM Indicates Interest in Solana – $1,000 SOL Incoming?
18.1.2024
The Solana price has dropped by 3% today, slipping to $98.76 as the cryptocurrency market as a whole suffers a 1% loss. But while SOL is also down by 5% in a week, it remains up by a very healthy 32% in the last 30 days, not to mention its 340% gain in the past […]
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Crypto Trader Makes $1 Million in 10 Days Following Elon Musk’s Bio Update
18.1.2024
A crypto trader has turned $10,000 into $1 million in just 10 days by investing in Etherum-based TROLL tokens. This happened right after Elon Musk made his X (Twitter) bio read “Chief Troll Officer (CTO)”. On-chain data from Etherscan shows that a crypto trader made millions from...
Bitcoin Price Prediction: BTC at $42,700 Amid $1B ETF Inflows and Texas Hash Rate Drop
18.1.2024
In today’s financial landscape, the Bitcoin price prediction becomes increasingly significant as BTC trades at $42,700, marking a 0.75% decrease on Thursday. This trend occurs amidst a surge in market activity, highlighted by nearly $1 billion inflows into Bitcoin ETFs over just three days....