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Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets
11.1.2023
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto...
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains
11.1.2023
Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing. Cosmos...
Bitcoin, Ethereum Technical Analysis: BTC Hits Fresh 3-Week High, Ahead of Thursday’s US Inflation Report
11.1.2023
Bitcoin raced to a fresh multi-week high on Wednesday, as markets turned their attention to tomorrow’s U.S. inflation rate report. Thursday’s report is expected to show that consumer prices have fallen to 6.5%, down from 7.1% the month prior. Ethereum also rose marginally higher...
Huobi clarifies Korean operations: Two separate entities aiming at same market
11.1.2023
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea
Crypto Boss Mike Novogratz Says Its Time to Cut Costs and Survive This ‘Transition period’
11.1.2023
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, argued that the events of 2022 have 'cleansed' the industry and that it is now time to survive the "transition period".
Talking to CNBC on Tuesday, Novogratz said that 2022 was a "grand washout"...
e-Money unfurls EEUR owing to bear market conditions
11.1.2023
e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in their camp, this much-thought-out step has been taken considering the present crypto bear market...
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
11.1.2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents...
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
10.1.2023
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China....
Crypto Markets Today: Coinbase Announces More Job Cuts Amid Market Jitters
10.1.2023
ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher
Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%
10.1.2023
After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot
Market Maker Group One Discloses 13.5% Stake in MicroStrategy
10.1.2023
Alongside a big drop in the price of bitcoin, MicroStrategy slumped more than 70% in 2022
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York
10.1.2023
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at an alleged proffer session...
5 signs that an altcoin bull run could be underway
10.1.2023
Record-low volatility and potentially positive macroeconomic data are providing crypto traders with a few opportunities
Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
10.1.2023
The news comes the same day crypto exchange Coinbase said it was cutting almost 20% of its workforce
AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report
10.1.2023
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss artificial intelligence altcoins, what they are, and whether they could lead us into the next bull market
Biggest Movers: SHIB Surges to 5-Week High, APE up for Fifth Straight Day
10.1.2023
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today’s session, as it rose to its strongest point...
Bitcoin, Ethereum Technical Analysis: ETH Above $1,330, Consolidating Recent Gains
10.1.2023
Ethereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs. Following a move to a three-week peak to start the week, markets maintained bullish sentiment, earlier in the day. Bitcoin also upheld recent momentum, with the coin remaining near...
PMI: Bot service market will reach $8.69B by 2030 with 32.4% CAGR
10.1.2023
PMI, the popular market research platform, recently revealed its latest report. The global bot service market is expected to reach $8.69B by 2030. In addition, the market is expected to grow at a whopping 32.4% CAGR. The global bot services domain was valued at $2.1 billion in 2020. Now,...
Wintermute is Now One of the Biggest Market Makers in Crypto and Has Birthed 36 Millionaires
10.1.2023
Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires.
According to its newly filed annual report, Wintermute paid its 36 UK staff $83 million in 2021, meaning the firm...