Cryptocurrency news

• Why A Morning Star Reversal Could Awaken A Monster Bitcoin Rally

  16-01-2023 23:08 via newsbtc.com
  Bitcoin price is already turning heads after reclaiming $20,000 per coin, but if the current monthly candle closes on BTCUSD price charts, the top cryptocurrency will satisfy the conditions of a morning star reversal pattern. 
  The last time the signal occurred at the bottom of a major downtrend, Bitcoin began a two-year-long bull run in cryptocurrencies and went on to climb more than 6,000% after the morning star confirmed.
  Bitcoin Reclaims $20,000: A Wake Up Call For The Bull Market
  Bitcoi
  
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• EU finance ministers’ group releases statement on political aspects of digital euro

  16-01-2023 22:48 via cointelegraph.com
  The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.
  
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• HAYVN to launch cryptocurrency index fund - Cayman Compass

  16-01-2023 21:50
  
  HAYVN to launch cryptocurrency index fund  Cayman Compass
  
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• How To Buy Cryptocurrency: Basics for Beginners - GOBankingRates

  16-01-2023 21:33
  How To Buy Cryptocurrency: Basics for Beginners  GOBankingRates
  
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• Top 7 Metaverse Games To Invest in in 2023

  16-01-2023 21:27 via coinjournal.net
  Metaverse games are constantly expanding and becoming more advanced. The technology is connecting players with new earning opportunities and new methods of exploring immersive landscapes online, which makes them some of the most highly sought-after investment opportunities around.
  In this article, the very best metaverse games will be discussed and evaluated according to their investment potential:Metacade (MCADE)
  Axie Infinity (AXS)
  Gods Unchained (GODS)
  Decentraland (MANA)
  Enjin (ENJ)
  The Sand
  
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• Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution

  16-01-2023 21:15 via cointelegraph.com
  While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
  
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• MANA Soared 75% This Week, Entering The Top 100

  16-01-2023 21:00 via newsbtc.com
  According to CoinMarketCap’s data, Decentraland’s native token, MANA, has gained 17.59% in the last 24 hours, following the stellar performance of metaverse tokens since the start of the new year. MANA is one of the top 100 cryptocurrencies and has grown by 95% in the last month. In addition, it has been in the green for 14 of the previous 16 days.What Pushed MANA To The Sky?
  At the time of writing, MANA is trading at $0.6887. Since last week, the token’s price has increased by
  
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• Opinion: 2023 is a BUIDL year for crypto gaming

  16-01-2023 20:30 via cointelegraph.com
  In 2023, GameFi developers should focus on building out quality more than quantity.
  
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• Nexo sues Cayman Islands financial regulator over VASP license

  16-01-2023 20:15 via cointelegraph.com
  The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration.
  
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• Information orders against exchanges to aid the recovery of ... - JD Supra

  16-01-2023 20:15
  
  Information orders against exchanges to aid the recovery of ...  JD Supra
  
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• Crypto.com Decides To Let Go 20% Of Its Current Workforce

  16-01-2023 20:00 via newsbtc.com
  The crypto industry continues to stagger under a massive wave of layoffs that have been occurring in recent times. Among the recent companies from the sector, Crypto.com has planned on axing 20% of its workforce.
  The Singapore-based company, Crypto.com, has confirmed its decision via a blog post. According to Co-Founder and CEO Kris Marszalek, the platform must let go of 20% of its current employees.
  Crypto.com has faced significant criticism after attempting to reassure investors that the crypt
  
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• Four people jailed over multi-million cryptocurrency fraud in Blackpool - Victoria Advocate

  16-01-2023 19:49
  Four people jailed over multi-million cryptocurrency fraud in Blackpool  Victoria Advocate
  
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• Will New Interchain Station Wallet Launch Spike LUNC Price, Any Possibility?

  16-01-2023 19:00 via newsbtc.com
  After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain, was forked to create Terra (LUNA).
  Among these reforms is a recent integration with Interchain Station. The news boosted the Terra Classic (LUNC) price. According to Jared, lead developer at Terraform Labs, more integrations and reforms are coming to Ter
  
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• How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains

  16-01-2023 19:00 via cointelegraph.com
  Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman.
  
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• How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains

  16-01-2023 19:00 via cointelegraph.com
  Some cryptocurrencies will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to Arca’s chief investment officer, Jeff Dorman.
  
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• 12 Cryptocurrency Trends That Will Dominate in 2023 - Crypto News Flash

  16-01-2023 18:24
  12 Cryptocurrency Trends That Will Dominate in 2023  Crypto News Flash
  
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• Iran and Russia are working on gold-backed stablecoin: report

  16-01-2023 18:23 via coinjournal.net
  Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone.
  The stablecoin will be backed by gold, according to local Russian media outlet Vedomosti.
  Both Iran and Russia are under tough international sanctions.Iran and Russia are looking to launch a new stablecoin in the market, Russian news agency Vedomosti has reported.
  According to the news outlet, there’s cooperation between the Central Bank of Iran and its Russian
  
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• Ethereum Hits Monthly High And Turns Deflationary Again

  16-01-2023 18:03 via newsbtc.com
  The Ethereum price rally is on an upward trajectory since the last fortnight. Performing a little over Bitcoin’s growth, Ethereum gained 30%. On the morning of 16th January, Ethereum woke up to exciting news as Ethereum is riding high on the $1600 market price. 
  This comes after several contributory factors play a role in the price increase. From the accumulation of assets, particularly by Shark Addresses, it crossed above $1400 for the first time since 7th November on 12th January.&n
  
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• Seoul government opens city's metaverse project to public

  16-01-2023 18:00 via cointelegraph.com
  According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.
  
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• Lazarus Group Transfers $64M ETH From Harmony Bridge Hack

  16-01-2023 18:00 via newsbtc.com
  During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH. On January 16, blockchain detective ZachXBT published information about the transfer of a significant amount of Ethereum. The cryptocurrency assets which originated from Tornado Cash were transferred via Railgun. Railgun is a private smart contract platform that uses ze
  
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• Binance rolls out off-exchange settlement solution for institutions

  16-01-2023 17:18 via coinjournal.net
  Binance’s off-exchange settlement solution Binance Mirror to benefit institutional investors.
  The solution is offered via Binance Custody, a regulated institutional digital assets platform.
  Binance Mirror currently accounts for more than 60% of assets on Binance Custody.Binance is looking to grow confidence among institutional investors through a brand new service dubbed Binance Mirror.
  In an announcement published on Monday, the global crypto exchange giant said the service will be acces
  
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• 3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange

  16-01-2023 17:02 via cointelegraph.com
  According to the project's pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion.
  
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• What Matters In Crypto This Week: Will Bitcoin Keep Pumping?

  16-01-2023 17:00 via newsbtc.com
  Even though the next FOMC meeting of the U.S. Federal Reserve is still more than two weeks away, there are significant macroeconomic as well as crypto and Bitcoin-intrinsic events this week that investors should keep an eye on. As in previous weeks and months, it is very likely that the macro environments will steer the sentiment in the crypto market.
  After the December 2022 CPI was released last Thursday at 6.5%, the crypto market turned strongly bullish. Bitcoin rallied more than 18% after the
  
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• Polkadot: Why Recent On-Chain Feats Could Trigger Strong Investor Sentiment 

  16-01-2023 16:10 via newsbtc.com
  Polkadot has been riding the crypto wave since the start of the broader market rally. According to CoinGecko, the biggest gainers in the entire space are altcoins. Polkadot (DOT) is among them.
  Although the token has been finding gains in the past two weeks, DOT has been down almost 3% in the past 24 hours. This has been the price action since the token has been rejected on the $6.5 price resistance range.
  At the time of writing, DOT is trading at $5.78, up 21% in the last seven days, data by Co
  
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• Cryptocurrency Cosmos Hub Down More Than 4% Within 24 hours - Benzinga

  16-01-2023 16:00
  Cryptocurrency Cosmos Hub Down More Than 4% Within 24 hours  Benzinga
  
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• Cryptocurrency Chainlink Decreases More Than 3% Within 24 hours - Benzinga

  16-01-2023 16:00
  Cryptocurrency Chainlink Decreases More Than 3% Within 24 hours  Benzinga
  
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• Bitcoin Price Surges With Whale Activity, What Happens Now?

  16-01-2023 16:00 via newsbtc.com
  The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto enthusiasts believe the crypto winter is close to its end.
  The  U.S. Consumer Price Index (CPI) report has given Bitcoin and other cryptocurrency leverage. The consumer price index is an important metric that measures the monthly changes in prices pa
  
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• FantaVerse UT is going live on cryptocurrency exchange Poloniex ... - GlobeNewswire

  16-01-2023 15:45
  FantaVerse UT is going live on cryptocurrency exchange Poloniex ...  GlobeNewswire
  
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• Solana continues comeback with 137% YTD price surge

  16-01-2023 15:40 via coinjournal.net
  Solana is currently changing hands at $23.26, about 137% up year-to-date.
  The coin’s price plummeted after FTX fell in November, ending the year below $10.
  SOL price has soared amid positive sentiment, broader market rally and meme coin-driven interest.Solana traded below $10.00 on the first day of 2023, having plummeted more than 73% in a massive dump following the collapse of the FTX cryptocurrency exchange.
  As was the case, Solana is a blockchain project with ties to disgraced crypto f
  
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• Glassnode Points Out This Bizarre Consistency In Bitcoin Cycles

  16-01-2023 15:33 via newsbtc.com
  Glassnode has pointed out a bizarre consistency between the current and previous Bitcoin cycles in terms of a metric, here’s what.
  Bitcoin Breaks Above 200-Day Simple Moving Average Line
  A “simple moving average” (SMA) is an analytical tool that produces an average of any given quantity over a specific period of time. As its name already implies, it moves along with the quantity and changes its value accordingly.
  SMAs can be quite useful for studying long-term trends, as they s
  
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• Bitcoin price breakout or bull trap? 5K Twitter users weigh in

  16-01-2023 15:03 via cointelegraph.com
  BTC price may be riding monthly highs, but hardly anyone is sure that the good times are here to stay.
  
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• Bitcoin price: Analyst says BTC could hit $25K by March

  16-01-2023 14:52 via coinjournal.net
  Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion.
  Much of the buying pressure was retail driven as crypto mirrored stock markets’ Friday surge.
  Veteran trader and markets analyst Peter Brandt has shared his prediction for Bitcoin price in 2023.Cryptocurrencies roared into the weekend as Bitcoin price spiked to highs above $21,000 for the first time since FTX’s debacle began to unfold in November.
  Data from CoinGecko shows
  
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• Binance to let institutions store crypto with cold custody

  16-01-2023 14:48 via cointelegraph.com
  The new Mirror service is based on Binance Custody, a regulated institutional digital asset custodian, by mirroring cold storage assets through a 1:1 collateral on Binance.
  
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• CBDCs not worth the costs and risks, says former BoE advisor

  16-01-2023 14:46 via cointelegraph.com
  Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache.
  
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• Chiron Investigation develops new services to assist victims in recovering stolen cryptocurrency - Yahoo Finance

  16-01-2023 14:21
  Chiron Investigation develops new services to assist victims in recovering stolen cryptocurrency  Yahoo Finance
  
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• ‘Proof of Stake and Activity’ Cryptocurrency Fasttoken Opens Public ... - Decrypt

  16-01-2023 14:01
  
  ‘Proof of Stake and Activity’ Cryptocurrency Fasttoken Opens Public ...  Decrypt
  
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• Frontier in-browser wallet supporting Aptos goes live

  16-01-2023 13:58 via coinjournal.net
  DeFi protocol Frontier Wallet brings in-browser wallet support for Sui, Aptos, and 33 other cryptocurrencies.
  Besides transactions, users will also be able to stake and transfer tokens between networks.
  The wallet basically offers a one-stop platform for users to interact with dApps.Decentralized finance (DeFi) protocol Frontier has officially launched the Frontier in-browser wallet extension.
  The wallet extension brings in-browser wallet support for 35 cryptocurrencies including Sui and Aptos.
  
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• Monex wants to buy FTX Japan amid bankruptcy proceedings: Report

  16-01-2023 13:57 via cointelegraph.com
  Monex CEO Oki Matsumoto said that it will be a “very good thing” for them if there will be less competition in the market.
  
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• Who are the richest cryptocurrency billionaires? December 2022 list - Finbold - Finance in Bold

  16-01-2023 13:46
  
  Who are the richest cryptocurrency billionaires? December 2022 list  Finbold - Finance in Bold
  
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• Bitcoin Miners Show Signs Of Dumping, Bad For Rally?

  16-01-2023 13:40 via newsbtc.com
  On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally.
  Bitcoin Miners’ Position Index Has Shot Up Recently
  As pointed out by an analyst in a CryptoQuant post, miners may be putting selling pressure on the market currently. The relevant indicator here is the “Miners’ Position Index” (MPI), which measures the ratio between the miner outflows and the 365-day moving average of the same.
  The “miner outflows&rdq
  
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• Bitcoin vs Ethereum: Community split between capped supply and deflationary model

  16-01-2023 13:27 via cointelegraph.com
  Bitcoin proponents argued that Ether's monetary policy has changed at least seven times while BTC has seen zero changes.
  
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• Bitcoin could see $25K by March 2023 as U.S. dollar prints 'death cross' — analysis

  16-01-2023 13:24 via cointelegraph.com
  Bitcoin's price recovery in 2023 has witnessed minimal institutional buying, casting doubt on whether BTC will rally beyond $25,000.
  
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• Bitcoin could see $25K by March 2023 as US dollar prints ‘death cross’ — Analysis

  16-01-2023 13:24 via cointelegraph.com
  Bitcoin’s price recovery in 2023 has witnessed minimal institutional buying, casting doubt on whether BTC will rally beyond $25,000.
  
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• Binance and Huobi recover 121 BTC from Harmony bridge hackers

  16-01-2023 13:19 via coinjournal.net
  The Harmony bridge hack took place in June last year and over $100 million was lost
  121 bitcoins have been recovered by Huobi and Binance security teams.
  The hackers were also moving ETH worth about $64 million over the weekend.Seven months after one of the largest cryptocurrency exploits of 2022 took place, industry players are still optimistic about recovering the stolen funds. Over the weekend, Binance and Huobi teams teamed up to freeze and recover 121 bitcoins that the Harmony bridge hacke
  
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• ETH Whales Scoop Up SAND – Up Nearly 80% – For Its Highly Bought Crypto Menu

  16-01-2023 12:51 via newsbtc.com
  The Sandbox is one of the leading players in the GameFi space. Its native token SAND is now going down the net of ETH whales as the altcoin rally continues into its third week. According to CoinGecko, the token has gone up by 76% in the past two weeks. 
  ETH whales are also adding fuel to this fire, accumulating SAND and including the crypto on its top 10 tokens bought in the past 24 hours. Along with the recent release of Game Maker 0.8, The Sandbox ecosystem is expected to continue to be a
  
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• Cryptocurrency Global Market Report 2022: Featuring Bitmain Technologies, NVIDIA, Ethereum Foundation, Intel, Ripple & More - Yahoo Finance

  16-01-2023 12:30
  Cryptocurrency Global Market Report 2022: Featuring Bitmain Technologies, NVIDIA, Ethereum Foundation, Intel, Ripple & More  Yahoo Finance
  
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• UnityMeta Token Evaluates Readiness Of The Cryptocurrency And NFT Gaming Industry - Outlook India

  16-01-2023 12:18
  UnityMeta Token Evaluates Readiness Of The Cryptocurrency And NFT Gaming Industry  Outlook India
  
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• Bithumb ordered to pay customers for service outage

  16-01-2023 12:18 via coinjournal.net
  Bithumb had a one and half hour outage that caused customers to lose funds.
  South Korean Supreme Court has ordered the exchange to pay the customers for the damages.
  Initially, a district court had ruled in favour of the exchange but the ruling was later overturned.The local courts in South Korea have ordered that Bithumb is supposed to pay just about $200,000 for damages to 132 customers affected by a service outage on January 12, 2023.
  On January 13, The South Korean Supreme Court ruled that
  
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• Crypto prices surge via strongest rally in 9 months, but why?

  16-01-2023 12:15 via coinjournal.net
  Key TakeawaysBitcoin is back in the 20s, Ethereum has crossed $1,500 and altcoins are powering north in what is the biggest crypto rally in 9 month
  Optimism that Federal Reserve will pivot off high interest policy sooner than expected, following cooler inflation data
  Next big day for crypto markets is February 1st, when the Fed will decide on the latest interest rate policy
  Solana is up 130% since the start of the year, leading the altcoins
  Even memes are rising, with Dogecoin and Shiba Inu agai
  
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• Iran and Russia want to issue new stablecoin backed by gold

  16-01-2023 12:11 via cointelegraph.com
  The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like U.S. dollar, the Russian ruble or the Iranian rial.
  
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