
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.
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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.
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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.
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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.
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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.
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The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap.
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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.
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The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises.
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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.
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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 […]
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