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Crypto Market Capitalization Surged 108% Despite Trading Volumes Plunging 31.6%: CoinGecko
17.1.2024
The crypto market recorded massive growth in several areas wiping out losses of the bear market with its market capitalization going up 108% to approximately $869 billion. A new market report released by CoinGecko shows industry performances across different quarters highlighting key metrics that...
That 'Pokémon With Guns' Game Really Wants You To Know It's Not A Scam
17.1.2024
The developers behind PalWorld—which folks online often refer to as “Pokémon with guns”—understand that people might be suspicious of this unorthodox survival game, so they’ve tried to assure folks it’s not a “scam” on Steam.Read more
Cardano Price Prediction as ADA Drops Towards $0.52 – Time to Buy the Dip?
17.1.2024
The Cardano (ADA) price is eyeing a possible drop below $0.52 as short-term price predictions turn bearish, but long-term bulls are nonetheless asking whether now is time to buy the dip. Nearly all cryptocurrencies in the top 20 by market capitalization are trading with losses on Wednesday....
Coinbase Holds First Court Faceoff With SEC: Here’s What You Need To Know
17.1.2024
The Securities and Exchange Commission (SEC) is meeting Coinbase today in federal court, with both parties presenting their first oral arguments amid their industry-defining lawsuit. Back in June, the market regulator sued Coinbase for listing a handful of “crypto-asset securities”...
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
17.1.2024
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar...
QCP Capital Predicts ETH to Outperform BTC Amid ETH Spot ETF Approval Expectations
17.1.2024
QCP Capital, a Singapore-based crypto trading firm, has forecasted that Ethereum will outperform Bitcoin in the medium term. In a recent post on Telegram, the company argued that the narrative surrounding potential ETH Spot ETF approvals will help ETH outshine the BTC in the short future. QCP said...
Everix Edge Review – Scam or Legitimate Trading Platform
17.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Everix Edge is a crypto trading platform that promises to allow investors to interact with the wild frontier of crypto trading via highly advanced investment tools. The platform claims to bring...
Vortex Edge Review – Scam or Legitimate Trading Platform?
17.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Vortex Edge is a crypto trading platform that claims to help investors discover a ‘new era of possibilities”. Using the perfect blend of advanced technology and effortless trading...
Circle Report Shows USDC Navigating Challenging Waters in 2023
17.1.2024
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin...
Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
17.1.2024
Indonesian crypto exchanges saw a sharp 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets
Top 10 Crypto Exchanges Saw $34.26 Trillion Trading Volume in 2023, Binance Maintained Top Rank: Report
17.1.2024
The combined trading volume of the top 10 crypto exchanges in 2023 reached a staggering $34.26 trillion, a 16% decline from the previous year, cryptocurrency rating and research firm TokenInsight revealed in a report today. Binance Retained Top Rank Despite Lawsuits Binance, one of the leading...
U.S. Spot Bitcoin ETFs Reach $10B Trading Volume in 3 Days; Grayscale Accounts for Over Half of that Figure
17.1.2024
Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days. According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded...
Bitcoin Price Prediction: BTC Nears $43,000 Amid Core Scientific Bankruptcy, Bukele Reelection & Grayscale ETF News
17.1.2024
In a dynamic week for the cryptocurrency market, Bitcoin price prediction is neutral as BTC is trading at $42,870 with a modest increase of less than 0.25% as of Wednesday. This uptick comes amidst a flurry of significant developments. Core Scientific, a prominent Bitcoin mining entity,...
ProShares Seeks to Expand Bitcoin ETF Offerings with Five New Leveraged and Inverse Funds
17.1.2024
ProShares has filed prospectus materials for five leveraged and inverse bitcoin ETFs days after the US SEC approved 11 spot Bitcoin ETFs. Spot Bitcoin ETFs trading which began on January 11, has already seen massive trading volumes, reaching billions of dollars. The newly introduced ProShares funds...
Skybridge Founder Expects Bitcoin to Surpass $170,000 Next Year
17.1.2024
Skybridge Capital founder Anthony Scaramucci expects bitcoin’s price to surge past $170,000 next year if the price of the cryptocurrency remains at the current level until the halving in April. He expects Bitcoin halving, as well as surging institutional demand for newly listed spot bitcoin...
Best Crypto to Buy Now January 16 – Klaytn, Blur, Sei
16.1.2024
The KLAY price is surging amid Klaytn’s proposed merger with Finschia and network updates, thrusting Klaytn into the spotlight as a strong candidate for the best crypto to buy now. In parallel, BLUR’s market performance has been resilient, with a notable increase in both price...
Terra Luna Classic Price Prediction as LUNA Holds Steady Amid Market Volatility – A Sign of Strength?
16.1.2024
Terra Luna Classic (LUNC) Price Chart / Source: TradingView The Terra Luna Classic price is holding steady amid market volatility, with some bulls hoping this could be a sign of strength. Terra Luna Classic (LUNC) was last trading in the $0.000123s, roughly flat on the day. Terra Luna Classic...
SEI Price Rockets Up with $300 Million Trading Volume as New Mining Protocol Prepares to Launch
16.1.2024
Sei Network has rocketed-up amid a huge spike of $300m trading volume, driving SEI price up +24.68% out of double-bottomed support, and now speculators suggest this new mining protocol could be next. This comes after SEI price retraced from -34.2% following a new all-time high at $0.8823 posted-on...
Spot Bitcoin ETFs Present New Trading Opportunities Amid Global Price Swings: Arthur Hayes
16.1.2024
Former BitMEX CEO Arthur Hayes believes the emergence of spot Bitcoin (BTC) exchange-traded funds (ETFs) would be a game-changer for traders worldwide. With Bitcoin prices displaying disparities between U.S. benchmarks and international markets due to global volatility, Hayes suggests that these...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Next Rally Starting?
16.1.2024
The Shiba Inu price has remained basically flat over 24 hours, sticking to $0.00000969 on a day when the wider market has recovered by nearly 1%. This price puts SHIB up by 2.5% in the past week, although the meme token remains down by 10% in the last 30 days and by 7% in a […]
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