Bitcoin hovers around $43,000, ending the year up 158% from 2022, while privacy tokens such as Dash and Monero slump after OKX delists their trading pairs.
Bitcoin is predicted to soar in price after the potential approval of spot Bitcoin exchange-traded funds (ETF) in the US, according to Castle Island Ventures founding partner Nic Carter, who believes that the ETFs will have a greater impact on Bitcoin's value than the April 2024 Bitcoin halving event.
Several altcoins including KAVA, Near Protocol (NEAR), Avalanche (AVAX), Axie Infinity (AXS), and Stellar (XLM) have upcoming developments that could have a positive impact on their price in January.
AlgosOne, a next-generation trading AI, utilizes advanced natural language processing and deep neural networking algorithms to automate crypto trading and make financial independence accessible to all, requiring minimal user input and implementing risk mitigation strategies to safeguard profits.
The Avalanche Foundation plans to purchase select meme coins as part of its "Culture Catalyst" program to broaden its portfolio and embrace diverse cryptocurrency communities.
Optimism (OP) and Cardano (ADA) are showing bullish indicators, with OP potentially targeting $6 and ADA potentially rallying towards $0.78, according to trader and analyst Ali Martinez.
Cryptocurrencies Dash, Monero, and ZCash experienced a 10% drop as OKX exchange announced it will delist their trading pairs, citing non-compliance with listing criteria, potentially due to their privacy features that regulators do not favor.
The Ripple XRP price has fallen since its yearly high in July and is currently trading close to support levels, with the possibility of either bouncing or breaking down in the future.
The Avalanche Foundation is considering buying meme coins to recognize and encourage the culture and fun associated with them, expanding its portfolio to embrace a wider spectrum of possibilities in the cryptocurrency market. Several Avalanche-based meme coins have experienced significant gains following the foundation's announcement.
AI and Big Data are attracting attention in the cryptocurrency market as innovative solutions, with notable AI cryptos like Injective, Numerai, Render Network, InQubeta, and Borroe Finance gaining popularity for their unique features and solutions.
A cryptocurrency trader predicts a significant drop in Bitcoin's price following a potential new all-time high due to previous patterns of parabolic rallies and crashes.
Bitcoin saw its largest single-day outflow in terms of BTC since December 2022, with over 28,000 BTC worth $1.19 billion leaving centralized exchanges, indicating investors' preference for long-term holdings and potentially signaling institutional activity ahead of the expected launch of BTC exchange-traded funds (ETFs) in January.
Bitcoin and altcoins experienced a day of consolidation with a slight correction in prices, while stocks performed well; former Goldman Sachs executive Raoul Pal predicts a crypto bull market cycle that could last up to four years and lead Bitcoin to reach $1 million by 2025.
Bitcoin is expected to reach new all-time highs before experiencing a significant correction, according to a popular crypto trader who warns that parabolic rallies are often followed by devastating crashes.
A federal judge has ruled that Terraform Labs and its founder, Do Kwon, sold unregistered securities in the form of cryptocurrencies, including LUNA and UST, in a victory for the SEC, with the trial scheduled to proceed in January.
A federal judge ruled that four crypto tokens offered by Terraform Labs, including UST and LUNA, are unregistered securities, contradicting a previous decision on the token XRP and dealing a blow to the crypto industry's interpretation of securities law.
Microsoft acquires Activision Blizzard and its various studios, layoffs devastate the gaming industry, generative AI tools raise concerns among gamers, Grand Theft Auto 6 is officially announced, Apple reveals the Apple Vision Pro mixed-reality headset, Immutable and Polygon partner for a new Ethereum gaming network, and the esports industry faces challenges and struggles for sustainability.
In the last trading day of 2023, Bitcoin consolidated below $43,000 while some altcoins experienced losses and others saw gains; meanwhile, stocks closed in the negative, with the S&P, Dow, and Nasdaq all down.
India's Financial Intelligence Unit (FIU) has requested the effective ban of nine crypto exchanges, including Binance and Kraken, due to their failure to register and comply with anti-money laundering and anti-terrorist financing regulations.
$14 billion worth of Bitcoin options are expiring on Friday, providing insight into investor sentiment on the future price of Bitcoin, with a majority of options on Derebit indicating confidence in a continued price increase and a split between calls and puts on CME. Meanwhile, open interest in Bitcoin contracts has reached $21 billion, and there is anticipation for the halving event in April, which historically has been followed by an increase in Bitcoin's price.
Fox News offers live TV streaming, full episodes, and live radio coverage, including shows like "The Bottom Line," "Special Report with Bret Baier," "The Ingraham Angle," and "Jesse Watters Primetime."
India's Financial Intelligence Unit is set to ban 9 crypto exchange URLs, including Binance and Kraken, due to non-compliance with money laundering prevention legislation.
The upcoming Ethereum layer-2 scaling network, Blast, has attracted over $1 billion in deposits for its token airdrop, making it the 23rd largest protocol by total value locked, with users able to earn a 4% annual return on Ethereum and 5% on stablecoins.
The launch of a Bitcoin exchange-traded fund (ETF) next year may cause the cryptocurrency’s price to drop, as investors may sell off their holdings after the approval, potentially leading to a plunge in Bitcoin’s price to as low as $32,000 per coin, according to a report by CryptoQuant.
Silly Dragon (SILLY/USD) has experienced a meteoric rise, reaching new all-time highs, largely due to its strong community backing, limited supply, and the momentum of the Solana ecosystem.
U.S. Congressman Tom Emmer is leading a bill with Ohio congressman Warren Davidson to fire SEC Chairman Gary Gensler, citing his favoritism towards Wall Street and opposition to the future of finance, particularly involving cryptocurrency.
Financial Intelligence Unit, an Indian government agency, has identified nine global cryptocurrency exchanges, including Binance and Kraken, as operating illegally in India and has requested the IT Ministry to block their websites for non-compliance with anti-money laundering regulations.
Blast, an Ethereum layer-2 scaling network, has attracted over $1 billion in deposits from users seeking yield and a chance to participate in an upcoming token airdrop, positioning itself as a competitor in the crowded Ethereum scaling market.
Cathie Wood's ARK Next Generation Internet ETF sold its holdings of Grayscale Bitcoin Trust due to uncertainty surrounding the approval of the trust's conversion to an ETF, instead opting to invest in ProShares Bitcoin Strategy ETF; however, Wood mentioned the decision was made out of caution and that they maintain exposure to bitcoin through BITO in light of tax and regulatory uncertainties.
Solana's SOL token experienced a 6% decline as the previous weeks' ecosystem frenzy and Solana-based meme coin rally began losing momentum, with leveraged long positions getting liquidated and traders rebalancing their positions.
TeraWulf Inc. announces a significant expansion of its self-mining capacity and plans for further growth in Bitcoin mining facilities.
Shares of bitcoin mining operators, including Riot Blockchain and Marathon Digital Holdings, have declined after recent gains, as investors await approval for a spot bitcoin ETF, while Riot and Marathon plan to expand their mining operations in 2024 and ARK Invest sells its remaining Grayscale shares.
Crypto exchange Binance experienced a 30% growth in its user base in 2023 despite regulatory challenges, with strong interest from institutional investors and growth in various product offerings such as Binance Pay and Binance Earn.
Solana (SOL) experiences a dip in price, falling below $100 per coin, but continues to be the best-performing cryptocurrency since November with a 78% increase in the past month, despite concerns over the trial of FTX founder Sam Bankman-Fried and a short squeeze, while other cryptocurrencies on the Solana blockchain, like Bonk (BONK), decline in value and investor interest shifts to Dogwifhat (WIF).
Bitcoin myths, such as its association with illegal activities and money laundering, are debunked by Kunal Bhasin, co-leader of KPMG Canada’s crypto asset and blockchain practice, who highlights the evolution of technology infrastructure, regulation, and law enforcement in combating financial crime in the digital asset ecosystem.
Tech millionaire Bryan Johnson is following a strict plant-based diet as part of his age-reversal regimen, consuming dishes like the "Super Veggie" bowl and "Nutty Pudding" for lunch and dessert, respectively, in an attempt to reverse his age and stay young.
The cryptocurrency market is expected to triple and reach $4.94 billion by 2030, driven by the focus on remittances and global payments; in the near term, Bitcoin, Ethereum, and Everlodge are projected to experience substantial growth and are seen as top crypto investments leading up to 2024.
The Dow Jones Industrial Average rose after higher-than-expected jobless claims, and Cathie Wood's Ark Invest firm made changes in its bitcoin-related positions, including purchasing shares of Proshares Bitcoin Strategy ETF and selling shares of Grayscale Bitcoin Trust ETF and Coinbase Global; meanwhile, other market indexes such as the S&P 500 and Nasdaq also experienced gains.
The text presents five influential individuals in the digital assets and web three space in 2023, including Gary Gensler, Jenny Johnson, Lido Dow, Casey Rodeo, and Ryan Ss.
AlgosOne.ai is an advanced AI-driven trading platform that automates the trading process, providing traders with rapid and informed decision-making capabilities, personalized settings, and advanced risk management to maximize profits and navigate volatile markets.
Argentine President Javier Milei has proposed a controversial draft bill that would allow citizens to declare their domestic and foreign crypto holdings to receive a favorable tax rate and legalize the use of those assets in the country, which has faced economic instability and inflation for decades.
MicroStrategy, the largest corporate holder of bitcoin, bought an additional 14,620 BTC, bringing its total holdings to 189,150 BTC worth around $5.9 billion. ARK Invest purchased shares of ProShares Bitcoin Strategy ETF and sold holdings of Grayscale Bitcoin Trust, while bitcoin is holding above $40,000 as a significant amount of options tied to BTC and ETH will expire on Deribit.
JPMorgan is predicted to take a major step towards tokenized real-world assets, with the value expected to grow to $16 trillion by 2030, according to a report by crypto asset manager Bitwise.
Shares of Marathon Digital Holdings Inc. fell in premarket trading, potentially ending its record-long win streak, as bitcoin also declined, reversing earlier gains.
Grand Canyon Education faces a lawsuit from the FTC for deceptive advertising, Iovance Biotherapeutics drops after the FDA halts its experimental cell therapy, and Ethereum's price breaks above a pennant pattern, signaling a continuation of its uptrend.
Pseudonymous cryptocurrency analyst Kaleo predicts that Pepe Coin (PEPE/USD) will reach new all-time highs compared to Ethereum (ETH/USD), while also highlighting the potential breakout of Shiba Inu (SHIB/USD) as Ethereum continues to rise, with both coins potentially experiencing significant price increases.
Polygon (MATIC) has the potential to surge by 65% and reach a price of $1.73 if it breaks out of a key resistance level, according to cryptocurrency analyst Ali Martinez.
The FTX saga, involving a group of young individuals involved in a major financial fraud, is likened to a high school drama, featuring characters such as Sam Bankman-Fried, Caroline Ellison, Gary Wang, Nishad Singh, Ryan Salame, Amy Wu, Sam Trabucco, Tiffany Fong, Lewis Kaplan, Joe Bankman, Barbara Fried, and Michael Lewis.
The crypto world expects the SEC to approve a spot bitcoin ETF in January, but there will only be room for a few major players, with larger institutional firms like BlackRock and Fidelity likely to appeal to older investors with more money to invest.
SEALSQ Corp has announced its post-quantum semiconductor technology, designed to secure cryptocurrency transactions against the threat of quantum computing, offering unparalleled security and ensuring the longevity and reliability of digital currency transactions.