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Top 5 AI Crypto Tokens Experience Downturn, Sector Loses $960 Million in Value
22.1.2024
The value of crypto assets linked to artificial intelligence (AI) surged to $7 billion at the beginning of the year. However, recent weeks have seen a reduction of $960 million in the overall worth of the AI crypto sector. Each of the leading five AI-focused digital assets has experienced a decline...
FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources
22.1.2024
BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
22.1.2024
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price
Is It Too Late to Buy Bitcoin SV? BSV Price Pumps 5% as Latest Meme Token Prepares to Launch
22.1.2024
Bitcoin SV is in the midst of a dramatic retracement move, yet, market hopes are growing after a +5% price pump. Explore this BSV price analysis and discover if it is too late to buy Bitcoin SV. BSV price has been in retracement for a number of weeks now, amid market risk-off behaviour stemming...
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...
Ethereum Technical Analysis: Bearish Trends Dominate Across Multiple Timeframes
22.1.2024
Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum...
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...
Bitcoin Technical Analysis: BTC Navigates Through Bearish Currents
22.1.2024
With market capitalization standing at $798 billion and a 24-hour trade volume of $16.58 billion, bitcoin’s current state remains consolidated just above the $41K zone. As bitcoin hovers around $41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly...
Near future of Bitcoin after ETF approval
22.1.2024
It was a historic moment when the US Securities and Exchange Commission approved 11 applications for the Bitcoin ETF. The community sang praises for estimates that the token will now inch closer to its ATH or at least continue surging every possible day. However, questions surround BTC, talking...
Study: Potential Approval of Spot ETF Is Ethereum’s ‘Strongest Narrative Right Now’
22.1.2024
The approval of a spot ethereum exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) could be the crypto asset’s “strongest narrative,” according to a Kaiko Research analysis. The Kaiko Research team believes that ethereum’s rally post-bitcoin...
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
22.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Play to Earn Done Right – Neoxa.net The Future of Crypto Gaming
22.1.2024
Since the dawn of the gaming era many gamers have dreamed of making money from their hobby and of course their passion for games. Although it’s been possible for the lucky few, this has never been a possibility for the masses. A unique and innovative crypto gaming project called Neoxa makes...
Metamask Launches Ethereum Validator Staking Services
22.1.2024
Metamask, the Ethereum Virtual Machine (EVM) wallet, has announced the launch of its validator staking services for Ethereum. The feature will allow users who want to stake their ether to do it simply from the Metamask portfolio interface, without managing hardware equipment, while maintaining...
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
Solana (SOL), Cardano (ADA) Lead Crypto Market Lower as Traders Grapple With BTC Headwinds
22.1.2024
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours
Sega to Develop New Web3 Games, Reveals Partnership With Finschia
22.1.2024
Sega Singapore, a subsidiary of the worldwide recognized entertainment company, has announced that it will seek to produce new Web3 games as part of a partnership established with Finschia, a blockchain project. As part of this partnership, Sega will also participate in the governance of Finschia...
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
22.1.2024
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs
Sri Lanka’s Stance on Crypto and the Launch of ‘Lanka Pay’ in 2024
22.1.2024
Sri Lanka has always been a country where cash is king and this remains the case despite the country planning to introduce its digital currency by the end of 2024. Once dubbed “the pearl of the Indian Ocean” — Sri Lanka is known for producing the finest tea, fresh coconuts,...
Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees
22.1.2024
Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms. Chris J Terry, founding partner of BTCdata Corporation, recently expressed his concerns about the impact of GBTC’s...
Latam Insights: Argentina’s MIlei Blasts Collectivism at Davos, Venezuelan Petro Still Alive
22.1.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei warns about the dangers of collectivism at Davos, the Venezuelan petro is still alive, and Colombia works to regulate...