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NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
1.2.2023
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s...
Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains
1.2.2023
Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Marginally Higher Ahead of FOMC Meeting Results
1.2.2023
Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates by 25 basis points, taking current rates to 4.75%. Bitcoin was in the green on Wednesday,...
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
1.2.2023
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class
Bitcoin Prices and Ethereum Prediction; The US FOMC and Fed Rate Today
1.2.2023
Bitcoin (BTC) and Ethereum (ETH) have been cruising along the market, with their prices staying above $23,000 and $1,500 respectively. This has contributed to an overall growth of the global crypto market cap which currently stands at $1.05 trillion, showing a 0.91% increase in the last...
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals
31.1.2023
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Following the bitcoin price prediction report, Finder released another survey focused on ethereum...
Biggest Movers: DOGE Hits 8-Week High as Meme Coins Rally on Tuesday
31.1.2023
Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report in the United States. Shiba inu also moved higher, rebounding from losses to start the week....
Bitcoin Prices and Ethereum Prediction; Is The BTC Price Above $22,700 Enough To Trigger A Bull Run?
31.1.2023
On Tuesday morning, Bitcoin (BTC) dropped below the $23,000 mark in advance of the first US Federal Reserve meeting on interest rates since 2023, which is slated to take place on Wednesday.
Bitcoin dropped to $22,800, down 3% from its peak of $24,000 over the weekend. Ethereum (ETH) has also...
Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’
30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...
Biggest Movers: MATIC Retreats From 12-Week High on Monday
30.1.2023
Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Market sentiment in cryptocurrencies shifted today, with the global market cap trading 2.11% lower as...
Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally
30.1.2023
Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s...
Bitcoin Prices and Ethereum Prediction; Is Another 5% Rise Possible For BTC And ETH Today?
30.1.2023
Bitcoin and Ethereum prices have been on the rise for the past few months, and even today. This has resulted in many investors wondering if another 5% rise is possible for BTC and ETH today.
To answer this question, we need to look at the current market conditions and analyze whether or not there...
Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume
29.1.2023
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five...
Bitcoin Prices and Ethereum Prediction; The Factors That Could Propel BTC and ETH To New Heights
29.1.2023
Bitcoin and Ethereum have been two of the most popular digital assets in the world, with their prices having seen a huge surge since their inception. As more and more people become interested in cryptocurrencies, it is important to understand what factors could propel Bitcoin and Ethereum to...
Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows
29.1.2023
A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin could reach $100,000. ‘Strong Year Ahead...
Biggest Movers: DOGE up to 6-Week High, as AVAX Jumps 13% on Saturday
28.1.2023
Dogecoin rose to a six-week high on Saturday, as prices rose above a key resistance level to start the weekend. The meme coin climbed to its strongest point since December, as the global crypto market cap was mostly in the green in today’s session. Avalanche also surged today, hitting its strongest...
Bitcoin Prices and Ethereum Prediction; Could The Weekend See BTC & ETH Breakout?
28.1.2023
Bitcoin and Ethereum prices have been steady despite experiencing significant volatility in the past few weeks. Bitcoin is maintaining a narrow range between $22,350 and $23,350, while Ethereum is trading choppily within a tight range of $1,550 to $1,630.
As we enter the weekend, many investors...
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year
28.1.2023
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other...