After months of rollercoaster rides with the $1,500 price range, Ethereum has finally managed to break the $1,600 resistance and is doing a good job stabilizing it at the moment. Alongside Bitcoin and most other leading altcoins, Ethereum has recorded some solid returns so far in January, with a value increase of around 30%. If the market continues this recovery and other puzzles fall into place as well, Ethereum could have one hell of a comeback year in 2023. However, experts believe that… Source link

Bitcoin and Ethereum prices fell during Tuesday afternoon trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Dogecoin was the exception in that list as it rebounded from its morning losses. See related article: January weekly crypto product investment reaches highest since July, says CoinShares report Fast facts Bitcoin, the largest cryptocurrency by market capitalization, fell 2.89% to US$22,971 over 24 hours to 4 p.m. in Hong Kong, posting a 0.39% drop in the past… Source link

Individuals who have a lot of money invested in Ethereum don’t always limit themselves to just one cryptocurrency. They often spread their wealth around. That’s exactly what has been happening recently, according to crypto tracking website WhaleStats. Ethereum whales are especially buying these three cryptocurrencies hand over fist. Image source: Getty Images. 1. USD Coin USD Coin (USDC 0.06%) ranks as the favorite cryptocurrency for the top 100 Ethereum whales these days. And it’s not… Source link

In today’s article, the Quickex team takes apart one of the most promising controversies of the past decade. Can cryptocurrencies other than Bitcoin show the same returns and bring in as much money as the very first cryptocurrency did? Moreover, in addition to answering this question, the Quickex team will also present an opportunity to buy Monero and BTC on their platform. Because only on Quickex you can exchange BTC to XMR in a fast, secure and reliable way. What is better: Monero or… Source link

Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46 million of longs liquidated Data from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight. A rebound saw the pair flip $23,000 to short-term resistance, and was still trading below that level at the time of writing. The stakes remained high… Source link

Blockchain-powered fantasy sports firm Sorare has sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform. Sorare has driven an interesting use case for Ethereum-based fantasy sports and digital card trading in recent years, offering fans the ability to mint, collect and trade various player cards with other users across a variety of nonfungible token (NFT) marketplaces. Cointelegraph reached out to Sorare to clarify details of their latest… Source link

Most crypto investors seek projects that bring progressive solutions to the market. Snowfall Protocol (SNW) is a perfect investment in this case. The new project has revolutionized cross-chain trading. Other crypto projects like Bitcoin Cash (BCH) and Litecoin (LTC) are also good investment options, but they have yet to adopt the high interoperability like Snowfall Protocol (SNW). Bitcoin Cash (BCH) becomes accessible through another wallet; the price crosses the $130 mark Bitcoin Cash… Source link

Jan 31 (Reuters) – Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117 million last week, the biggest weekly increase since last July, according to data from asset manager CoinShares. Bitcoin was far and away the biggest draw, with funds tracking it responsible for $116 million of that. Crypto funds’ total assets under management have risen to $28… Source link

Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park.  Speaking via video call, Gouspillou said with a smile: “Bitcoin mining saved the park from bankruptcy.” Virunga is Africa’s oldest protected park and a symbol of the… Source link

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