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Weekly NFT Sales Dip — Ethereum Outshines Bitcoin, Solana and Avalanche Record Gains
20.1.2024
The latest statistics indicate a further decline in non-fungible token (NFT) sales this week, showing a 5.05% decrease compared to the previous week. Sales of NFTs reached $297 million, with Ethereum leading the way this week. Ethereum’s sales amounted to $106 million, overtaking...
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...
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
20.1.2024
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT stablecoins in circulation as a “testament to...
Myro Price Prediction as MYRO Starts Trending on Social Media – What Does it Do?
20.1.2024
MYRO, the cryptocurrency in question, has witnessed a modest uptick in its valuation. The price of MYRO is currently $0.240028, with trading activity over the last 24 hours reaching $78.63 million. The currency has appreciated by 1.65% within this period. Standing at the #230 rank...
Cogwise (COGW) Projected to Reach Top 30 Tokens on CoinMarketCap in 2024
20.1.2024
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment...
Study Shows Number of Crypto Developers Up by 52% Since 2018
20.1.2024
Over the past five years, the number of established developers with more than 2 years experience of working in crypto grew at an annualized rate of 52%. According to the findings of a study, established developers (2+ years) together with emerging developers make an average of three times more code...
Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...
Security Definition at the Core of Coinbase v SEC First Scuffle
19.1.2024
Coinbase, a U.S based cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) had their first scuffle as New York’s Judge Katherine Polk Failla weighted in on a motion to dismiss the case in which the regulator alleges the exchange was involved in facilitating the trade...
Bitcoin and Ethereum Price Prediction as BTC Bounces From $40,500 Support and ETH Recovers – Sell-Off Over?
19.1.2024
Bitcoin (BTC), the foremost cryptocurrency, witnessed a notable downturn, dipping below the $42,000 threshold on Friday. This marked its steepest fall since December 2023. The current price of Bitcoin stands at $41,332.95, with a 24-hour trading volume of approximately $26.61 billion. Ethereum...
Bitcoin ETFs Still Hungry on Day 5, 10.6K More BTC Added Despite Grayscale Outflows
19.1.2024
Bitcoin ETFs bought over 10,000 additional BTC on their fifth trading day, even as Grayscale saw continued outflows. Image by Thanasak Wongsuk, Vecteezy. The fervor around the newly launched spot Bitcoin exchange-traded funds (ETFs) continued unabated on their fifth day of trading, with the funds...
Ethereum and BNB See Steady Growth as Borroe Finance Shines in DeFi with Impressive Presale Stage 4
19.1.2024
Ethereum (ETH) and Binance Coin (BNB) are among the world’s top five cryptos, and they’ve recorded ecosystem wins in early 2024. However, investors are looking for the best crypto investments that will deliver massive ROI in the coming months. Luckily, these investors found Borroe Finance ($ROE)and...
Bitcoin Already Tops Silver In U.S. ETF Market After SEC Approvals
19.1.2024
The moment U.S. Bitcoin (BTC) spot ETFs went live last Thursday, they quietly achieved a major feat. The digital asset has now become the second-largest ETF commodity in the country, boasting $26 billion managed behind the securities wrapper. That’s more than silver ETFs, which hold slightly over...
Is Bonk Going to Zero? BONK Price Drops 65% From Peak as Attention Shifts to New Viral Meme Coin
19.1.2024
BONK price has seen major declines over the past few months, now sat at 65% of its peak, can BONK price analysis reveal whether BONK is going to zero? Also, discover the next meme coin trend as attention shifts. The downside move comes as BONK price action remains in a bearish pendant pattern...
3 Best Cryptos To Buy for a Gold and Commodities Portfolio in 2024
19.1.2024
Best cryptos to buy like Bitcoin, Tether Gold, and Bitcoin Minetrix stand out as potential portfolio additions in 2024 as digital assets are becoming mainstream. Image by Kerem Goktug Kaya, DALL-E 3. The digital asset market has seen astronomical growth over the past few years, with...
First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
19.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Coinbase, Nifty Island and Nyan Heroes – Top NFT News Today – 19 January
19.1.2024
The non-fungible token (NFT) is seeing another mixed day with NFT news varying in sentiment. Sales volume was down 13% over the past 24 hours at the time of writing and is currently at $42,893,676. NFT transactions have seen a 9% drop in the same period. And while sellers are down 3.5%, buyers...
Crypto Exchange Gemini Secures Registration in France — Now Operational in Over 70 Countries
19.1.2024
Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU countries and more than 70 countries worldwide...
Donald Trump Promises to Block Digital Dollar Creation — Calls CBDC ‘Dangerous Threat to Freedom’
19.1.2024
Former U.S. President Donald Trump has promised to stop the creation of a U.S. central bank digital currency (CBDC) if he is elected president of the United States. He explained that a digital dollar would give the federal government “absolute control over your money,” warning that...
Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...