Bitcoin bull cycle outpaces historical patterns by 100 days: Report
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more. Go to Source
CoinMarketCap
Auto Added by WPeMatico
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’
The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders. Go to Source
Bitcoin dips below short-term holder realized price, sparking $60K fears
Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon. Go to Source
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
Swan Bitcoin’s Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next. Go to Source
CoinMarketCap rival CoinGecko acquires NFT startup Zash
CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed. Go to Source
CoinMarketCap launches ChatGPT plugin
The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap. Go to Source
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
A crypto exchange claiming $1.7 billion in daily trades and reporting $1.4 billion of daily trading volume on CoinMarketCap had reportedly displayed false license data until Estonian regulators checked it. Go to Source
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. Go to Source Powered by WPeMatico
Vitalik dumps $700K worth of shitcoins that he never asked for
As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops. Go to Source Powered by WPeMatico
Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40%
On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among … Read more
