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Cardano Price Forecast as ADA Pumps Up 44% in 30 Days – Can ADA Reach $10 This Year?
24.1.2023
The cardano price has risen by a very slight 0.2% in the past 24 hours, reaching $0.378397 amid a similar rise for the cryptocurrency market as a whole. This means that ADA has increased by 8% in a week and just over 44% in the last 30 days, as the market waits for a new Cardano update that will...
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
24.1.2023
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for returning the old notes, the central bank insists...
Bitcoin miners’ worst days may have passed, but a few key hurdles remain
23.1.2023
A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure
Is it Too Late to Buy Aptos? Experts Give Their APT Price Predictions After 72% Rise in 7 Days
23.1.2023
APT, the token that powers new up-and-coming layer-1 blockchain Aptos, is consolidating just to the north of the $13 level on Monday. Profit-taking in wake of a stunning 281% rally since the start of the month, with over 70% of these gains coming in the last seven days, preventing...
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
23.1.2023
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed...
NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023
22.1.2023
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven...
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
21.1.2023
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...
Biggest Movers: Meme Coins Move Lower, With SHIB Declining by 10%
19.1.2023
Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on Wednesday, fell by nearly 10% today. Markets have been largely overbought in the past few days, with bears seemingly reentering. Dogecoin was also in the...
Taboo Token Price is Up 267% in 7 Days - What is TABOO and Should You Consider Buying It?
19.1.2023
Taboo Token price rally continues uninterrupted even as most crypto assets trim weekly gains in the wake of the United States Justice Department enforcement action on Wednesday that saw the founder of a little-known exchange, Bitzlato arrested and extradited to the US to answer to charges of money...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
18.1.2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork
17.1.2023
According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment...
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
16.1.2023
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about...
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
15.1.2023
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past...
Meta Masters Guild Crypto Presale Raises $200k – Only 5 Days Left to Benefit From 42% Price Hike
15.1.2023
The latest play-to-earn games platform, Meta Masters Guild, has raised $200,000 from eager investors just four days after its presale began.
The project styles itself a guild and its mission is to become the go-to ecosystem for mobile-centric play to earn games.
Interest in crypto gaming...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Shiba Inu Price is Up 12% in 7 Days - Should You Buy This Meme Coin Today?
13.1.2023
Shiba Inu price is on the verge of another bullish breakout as investors engage in song and dance following a New Year relief rally. SHIB currently boasts 6.6% in 24-hour gains, 16.1% in weekly cumulative gains and a 19% increase in two weeks....
Read More: Shiba Inu Price is Up 12% in 7 Days...