Bitcoin Ethereum and NFTs News 📲

2024-01-22 15:52:48 • Market Downtrend: Solana (SOL) and Cardano (ADA) lead a decline in the crypto market, with a 5% drop in the past 24 hours.
• Dogecoin Fluctuation: DOGE initially resisted the market trend, spurred by potential adoption on a social app, but later followed the downtrend.
• Bitcoin’s Support Break: Bitcoin lost its $41,000 support level, with predictions of dropping to $38,000, influencing broader market losses.
• Grayscale’s GBTC Impact: Analysts, including Bloomberg’s Eric Balchunas, link bitcoin’s recent decline to potential sales from Grayscale’s GBTC ETF.
• Grayscale Movements: Over $400 million worth of bitcoin was moved to Coinbase Prime, hinting at possible sales.
• Contrasting ETF Trends: New bitcoin ETFs like BlackRock’s IBIT and Fidelity’s FBTC show over $1 billion in inflows, indicating buying interest.

#CryptoMarket #Solana #Cardano #Bitcoin #Grayscale #ETFs #MarketTrends

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2024-01-22 09:20:01 9 Freshly Launched Spot Bitcoin ETFs Gather Over 81,000 BTC, Valued at $3.39 Billion

Since Jan. 12, 2024, Grayscale’s newly transitioned spot bitcoin exchange-traded fund (ETF), GBTC, experienced a withdrawal of 50,106.59 bitcoin. Meanwhile, the nine newly launched spot bitcoin ETFs have collectively accumulated 81,366 bitcoin, valued at approximately $3.39 billion.

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2024-01-21 19:50:05 Aave’s Approval Paves Way for Aave V3 MVP on Neon EVM!

Aave community has resoundingly voted in favor of the Temperature Check proposal, paving the way for the deployment of Aave V3 MVP on the Neon EVM mainnet. The primary objective of the proposal is to propel Aave into new frontiers, expanding its reach to previously untapped users, untapped liquidity sources, diverse communities, and integrating seamlessly with the flourishing Solana ecosystem.

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2024-01-21 09:10:10 USDC Wallet Growth Soars 59% Despite Headwinds: Circle

USDC’s open technology is currently accessible on 15 different blockchains. Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – USDC – wasn’t immune to these forces either.

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2024-01-20 22:10:33 USI Tech CEO Charged for $150M Crypto Fraud Scheme

Horst Jicha, the CEO of USI Tech, is facing severe charges for orchestrating a fraudulent scheme that deceived investors out of $150 million. Jicha, a 64-year-old German national, was arrested in December, marking a significant turn in a saga that began in 2018 with cease and desist letters from U.S. and Canadian regulators.

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2024-01-20 09:53:03 Bitcoin miners enter $482m buying spree amid BTC price slump

Bitcoin price dipped to a 40-day low of $40,700 on Jan 19, sparking concerns of major liquidations if it loses the $40,000 support. Since the much-anticipated spot ETF approval verdict, Bitcoin (BTC) has delivered sideways price performance. Another sell-off wave on Jan. 19 saw prices tumble toward $40,000 for the first time since mid-December.

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2024-01-19 21:15:33 Fidelity’s Bitcoin ETF joins the $1 billion club in alongside BlackRock

Fidelity’s spot Bitcoin (BTC) exchange-traded fund (ETF) swiftly secured its position as the second ETF provider to surpass $1 billion in assets under management (AUM) within a week of its launch. Data from Bloomberg shows that Fidelity’s Wise Origin Bitcoin Trust achieved this milestone on its fifth day of trading, recording flows that reached $1.01 billion in AUM. BlackRock’s iShares Bitcoin Trust (IBIT) had reached the same milestone a day earlier, and its AUM currently stands at $1.06 billion.

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2024-01-19 07:55:01 Bitcoin Halving Just Around 93 Days Away, Anthony Scaramucci Gives $170K BTC Price Target

SkyBridge’s Anthony Scaramucci stated that Bitcoin price could surpass $170,000 a year after Bitcoin halving in April 2024. After the successful launch of the spot Bitcoin ETFs in the US last week, analysts are betting upon the upcoming Bitcoin halving event scheduled sometime around mid-April 2024. As of now, there are 13,902 Bitcoin blocks left until the upcoming Bitcoin halving, slated for Friday, April 19, 2024.

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2024-01-18 21:16:03 Stay Ahead in the Crypto Universe with a Single Tap!

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2024-01-18 21:05:03 Bitcoin Miner Core Scientific Set to Emerge From Bankruptcy

Core Scientific, Inc., a major bitcoin miner, is about to emerge from Chapter 11 bankruptcy. In a press release on their website, Core Scientific announced that the Southern District of Texas bankruptcy court has green-lighted its reorganization plans, setting the stage for the company to relist its shares on Nasdaq by the month’s end.

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