Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.
Posts published on January 17, 2023 go to media archive 2/3
Bitcoin aSOPR Again Retests Bull-Bear Junction Level, Will Resistance Break This Time?
Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time? Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level As per the latest weekly report from…
Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened following a public holiday on Monday. Polkadot also moved higher in today’s session, snapping a two-day…
Is this a bull run or a bull trap? Watch The Market Report live
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss whether the recent price rally is a bull run or a bull trap.
'To the moon' or 'total crash'? Bitcoin price hits new 4-month highs
BTC price action is still splitting consensus regarding whether Bitcoin will continue higher — what do you think?
Whales Move Billions Of XRP Following Price Spike
The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days. A recent…
Masa Finance launches soulbound Web3 identity protocol for Ethereum
According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness.
Myth Buster: Ethereum Shanghai Hard Fork Won’t Create Major Selling Pressure
2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the…
Hong-Kong investment fund raises $500M to push mass adoption in Web3
The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption.
Polygon enlists Xternity to migrate multiplayer Web3 game from Solana
To help transfer Synergy Land’s resources onto the EVM chain, Xternity proposed a process — via its network migration tool — that can be used to migrate games or projects across chains.
10 practices crypto can borrow from TradFi to better protect customers
The crypto industry would be wise to learn from and adopt the proven principles and processes TradFi relies on to protect consumers.
Africa Web3 games publisher Carry1st raises $27M
VC firms Bitkraft Ventures and Andreessen Horowitz participated in the funding round, which aims to advance Web3 gaming in Africa.
Here’s Why $22,400 Could Be The Next Major Level To Break For Bitcoin
As Bitcoin continues its strong rally, $22,400 could be the level to watch next, if this on-chain metric is anything to go by. Bitcoin Long-Term Holder Realized Price Is Currently Around $22,400 According to the latest weekly report from Glassnode…
Algorand TVL Hits $177 Million As Altcoin Rally Continues – Can ALGO Sustain This Push?
Algorand is one of the fastest growing crypto in terms of gains. According to CoinGecko, the token has appreciated by 30% in the last two weeks. With the broader crypto market rallying as Bitcoin breaks its crucial $21,000 resistance, ALGO is set…
Sazmining Launches Hydroelectric-Powered Mining Facility In Wisconsin
The site furthers the company’s goals of providing mining hosting services to a retail audience using sustainable power sources.Sazmining, a bitcoin mining hosting solution provider, has launched their first hydroelectric-powered mining facility in…
'I thought SBF was the Mark Zuckerberg of crypto,' says Anthony Scaramucci
Anthony Scaramucci said blockchain "skepticism is usually born from a lack of knowledge," while sharing his crypto holdings of Bitcoin, Ether, Solana and Algorand.
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000, Following Strong Chinese GDP Figures
Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to action, following the observation of the Martin…
DeFi Begins Recovery As TVL Exceeds $45 Billion
Decentralized Finance (DeFi) has always been the most evolving sector in the Web3 space. With new innovations and protocols popping up in the DeFi industry, the ecosystem total value locked (TVL) continued to increase until the bear market stepped…
Bitcoin Is The Solution To The World’s Economic Inequality Problem
After a year of growing economic disparity and damage to Bitcoin’s mainstream reputation, education is the key to solving global inequality.This is an opinion editorial by Haider Rafique, the global chief marketing officer for cryptocurrency…
Silvergate reports $1B net loss in the fourth quarter of 2022
The report highlighted that deposits in the fourth quarter were $7.3 billion, which was lower than the third quarter figure of $12 billion.
NEW! Rent-to-Own DigitalNote Smart Nodes - The smart way to own a @DigitalNoteXDN Masternode and drive passive income at 5.6% PA. Pay Quarterly or Ann...
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a…
Bitcoin Price Spike May Push Rally To This Amount, Top Analyst Predicts
The recent surge in the price of Bitcoin has revived hope in crypto assets. To this point, pseudonymous crypto analyst Cheds stated that a massive rally might not be far-fetched for BTC soon. The crypto market struggled with rising inflation rates…
Bitget Becomes the First CEX to Launch Copy Trading in The Spot Market
PRESS RELEASE. (Victoria, Seychelles, 17 Jan 2023) – Leading crypto derivatives exchange Bitget announces to be the first exchange to launch copy trading in the spot market. As the first exchange for offering copy trading for derivatives in…
Binance Coin (BNB) Forms Bearish Pattern, But Fundamentals Look Strong
In the wake of FTX’s collapse, many eyes focused on the now undisputed largest cryptocurrency exchange in the world, Binance. Due to an opaque proof of reserves, the withdrawal of accounting firm Mazars, and a bank run on the exchange, the…
Bitcoin DeFi ecosystem explained
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain.
WEF Predicts Metaverse Tech Will Change Industry First, Moving to the Consumer Space Later
The World Economic Forum (WEF) has published an article predicting how metaverse tech will evolve and how it will be introduced in different sectors. For the organization, the biggest impact of the implementation of this tech will be observed in…
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
The current BTC price boost may not be a natural phenomenon any longer, new research says.