The Global #Economy Saw More Stormy Weather After #Inflation Report
But marketcap of #crypto maintains its position with a rise of 0.37% at 1.01T
And the two biggest cryptocurrencies, #Bitcoin and #Ether, kept cruising along at about the same levels they've held for the majority of the last two weeks. #BTC remained stable at around $20,385.16, while #ETH continued to float at $1,550.24. Both prices were up slightly over the previous 24 hours.
But marketcap of #crypto maintains its position with a rise of 0.37% at 1.01T
And the two biggest cryptocurrencies, #Bitcoin and #Ether, kept cruising along at about the same levels they've held for the majority of the last two weeks. #BTC remained stable at around $20,385.16, while #ETH continued to float at $1,550.24. Both prices were up slightly over the previous 24 hours.
The global #cryptocurrency market cap today remained below the $1 trillion mark, as it was flat in the last 24 hours to $797.6 billion.
#Bitcoin price today rose with the world's largest and most popular digital token #trading almost flat with a positive bias at $16,608.94. On the other hand, #Ether, the coin linked to the #ethereum blockchain and the second largest cryptocurrency, was up about half per cent at $1,198.
#Bitcoin price today rose with the world's largest and most popular digital token #trading almost flat with a positive bias at $16,608.94. On the other hand, #Ether, the coin linked to the #ethereum blockchain and the second largest cryptocurrency, was up about half per cent at $1,198.
The global #crypto market cap stood at $798.7 billion on the first working day of 2023.
The price of #Bitcoin, the world's largest cryptocurrency, hovered around $16,600, with its #dominance currently at 40.1 per cent, which is a increase of 0.07 per cent over the day.
On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest #cryptocurrency, was also trading marginally higher at $1,200.
The price of #Bitcoin, the world's largest cryptocurrency, hovered around $16,600, with its #dominance currently at 40.1 per cent, which is a increase of 0.07 per cent over the day.
On the other hand, #Ether, the coin linked to the ethereum blockchain and the second largest #cryptocurrency, was also trading marginally higher at $1,200.
Happy Birthday #Ethereum 🎂
Today marks the 8th birthday of the #Ethereumnetwork and #Ether – the world’s second-largest digital asset.
5 Historic key points that contributed to Ethereum's success over 8 years.
Inception - Launched on July 30, 2015, as a blockchain platform for decentralized applications (dApps) with smart contracts.
ICO & ERC-20 - The rise of Initial Coin Offerings (ICOs) and ERC-20 tokens in 2017 expanded Ethereum's utility and adoption.
DeFi Boom - Ethereum's smart contract capabilities fueled the growth of decentralized finance (DeFi) applications.
Ethereum 2.0 - The transition from PoW to PoS began in December 2020, improving scalability and security.
Enterprise Adoption - Ethereum attracted major companies and consortiums, fostering real-world use cases and ecosystem growth.
Today marks the 8th birthday of the #Ethereumnetwork and #Ether – the world’s second-largest digital asset.
5 Historic key points that contributed to Ethereum's success over 8 years.
Inception - Launched on July 30, 2015, as a blockchain platform for decentralized applications (dApps) with smart contracts.
ICO & ERC-20 - The rise of Initial Coin Offerings (ICOs) and ERC-20 tokens in 2017 expanded Ethereum's utility and adoption.
DeFi Boom - Ethereum's smart contract capabilities fueled the growth of decentralized finance (DeFi) applications.
Ethereum 2.0 - The transition from PoW to PoS began in December 2020, improving scalability and security.
Enterprise Adoption - Ethereum attracted major companies and consortiums, fostering real-world use cases and ecosystem growth.
What do you think will be the highest price of #Ether this year 2023?
Anonymous Poll
67%
$2100 - $2500
11%
$2500 - $3000
11%
$3000 - $3500
11%
Over $3500
Key Events This Week:
#Crypto #Cryptonews
📍Wed 10 Jan
🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC
📍Thu 11 Jan
🔵US #CPI for December
🔵US Initial Jobless Claims for the Week
🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading
📍Fri 12 Jan
🔵December #PPI Inflation data
Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.
#Crypto #Cryptonews
📍Wed 10 Jan
🔵Anticipated Bitcoin Spot #ETF announcements by U.S. SEC
📍Thu 11 Jan
🔵US #CPI for December
🔵US Initial Jobless Claims for the Week
🔵#Cboe Digital Plans to Launch #Bitcoin and #Ether Margin Futures Trading
📍Fri 12 Jan
🔵December #PPI Inflation data
Four Federal Reserve members will speak before the crucial January #Fed meeting, offering insights on upcoming inflation data.
Amberdata reports #Ether options indicating short-term bearish sentiment, with negative skew observed for one, two, and three months.
One-week call-put skew hits three-month low at nearly -8, signaling caution amid changing betting patterns. #CryptoNews
https://coinpedia.org/news/ether-options-indicate-bearish-sentiment-amid-bullish-predictions/
One-week call-put skew hits three-month low at nearly -8, signaling caution amid changing betting patterns. #CryptoNews
https://coinpedia.org/news/ether-options-indicate-bearish-sentiment-amid-bullish-predictions/
Coinpedia Fintech News
Is Ether Headed Lower? Short-Term Bearishness Grips Options Market
It's not easy to navigate the world of cryptocurrency, and some insights can prove extremely valuable! Now, Amberdata, a reputable tracker of digital
Gary #Gensler faces constant legal issues and criticism amid his unchanged approach to #Ether #ETFs. #CryptoNews
SEC scrutinizes #Ethereum ETF applications, with delays sparking debates and market uncertainty over approval prospects.
https://coinpedia.org/news/secs-gary-gensler-clarifies-bitcoin-etf-nod-doesnt-guarantee-ethereum-etf-approval/
SEC scrutinizes #Ethereum ETF applications, with delays sparking debates and market uncertainty over approval prospects.
https://coinpedia.org/news/secs-gary-gensler-clarifies-bitcoin-etf-nod-doesnt-guarantee-ethereum-etf-approval/
CoinPedia
SEC’s Gary Gensler: Bitcoin ETF Nod Doesn’t Guarantee Ethereum ETF Approval
Gary Gensler is in the headlines almost daily and seems neck-deep in legal scoops and negative criticism of his leadership. SEC Chair Gary Gensler offered
Top #CryptoNews This Week
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
Top #CryptoNews In Last 12 Hours
1️⃣ #Coinbase sought to launch perpetual futures contracts in Canada, engaged with #regulators for policy updates. #Kraken and #Gemini also increase Canadian investments.
2️⃣ #Ether's price surges, nearing $3,000 for the first time in almost 2 years, while Bitcoin remains steady. Public holiday in US limits #Bitcoin demand.#Altcoins show potential.
3️⃣ Bitcoin holdings on #Coinbase hit a 9-year low as whales withdraw $1B $BTC, sparking debate on supply shock or over-the-counter liquidity.
4️⃣ The #Cryptomarket saw a $2.45 billion inflow, led by the US. Bitcoin dominated with $2.42 billion. Total Assets Under Management reached $67 billion.the highest since December 2021.
5️⃣ British gov't planned #crypto rules approval by lawmakers within 6 months before 2024 election, addressing regulatory concerns. Announced by Bloomberg.
1️⃣ #Coinbase sought to launch perpetual futures contracts in Canada, engaged with #regulators for policy updates. #Kraken and #Gemini also increase Canadian investments.
2️⃣ #Ether's price surges, nearing $3,000 for the first time in almost 2 years, while Bitcoin remains steady. Public holiday in US limits #Bitcoin demand.#Altcoins show potential.
3️⃣ Bitcoin holdings on #Coinbase hit a 9-year low as whales withdraw $1B $BTC, sparking debate on supply shock or over-the-counter liquidity.
4️⃣ The #Cryptomarket saw a $2.45 billion inflow, led by the US. Bitcoin dominated with $2.42 billion. Total Assets Under Management reached $67 billion.the highest since December 2021.
5️⃣ British gov't planned #crypto rules approval by lawmakers within 6 months before 2024 election, addressing regulatory concerns. Announced by Bloomberg.
The #cryptomarket is unstable following the #BTC #halving, with the total value decreasing by 3% to $2.4 trillion, suggesting significant shifts ahead.
The expected #altseason delay is due to #Bitcoin's increasing dominance, and Ethereum's price may decrease due to the US SEC rejecting spot #Ether #ETF.
https://coinpedia.org/news/altcoin-dump-ahead-before-inevitable-rise-top-crypto-analyst-shares/
The expected #altseason delay is due to #Bitcoin's increasing dominance, and Ethereum's price may decrease due to the US SEC rejecting spot #Ether #ETF.
https://coinpedia.org/news/altcoin-dump-ahead-before-inevitable-rise-top-crypto-analyst-shares/
CoinPedia
Altcoin Dump Ahead Before Inevitable Rise; Top Crypto Analyst Shares
The cryptocurrency market has recently been trending on wobbly sentiments, two weeks after the fourth Bitcoin (BTC) halving. The total cryptocurrency
#Altseason imminent: #Bitcoin profits shift to #altcoins, #Ether #ETF decision, institutional interest, consolidation signal rally.
Key indicators: Bitcoin dominance reversal, $ETH/$BTC pair shift, #altcoin market cap rebound projection.
https://coinpedia.org/price-analysis/altcoins-rally-to-begin-in-2-months-here-are-the-top-picks/
Key indicators: Bitcoin dominance reversal, $ETH/$BTC pair shift, #altcoin market cap rebound projection.
https://coinpedia.org/price-analysis/altcoins-rally-to-begin-in-2-months-here-are-the-top-picks/
CoinPedia
Altcoins Rally To Begin in 2-Months; Here Are the Top Picks
The total cryptocurrency market cap has established a consolidation range in the past few weeks, thus signaling an inevitable rebound ahead. Bitcoin's
Does the SEC's #ETF Decision Indicate #ETH and Other Tokens Aren't Securities?
Will #Ether #ETFs Spark a New Wave of #Cryptocurrency Adoption?
Click Below to Read This Interesting News 👇 #CryotoNE
https://coinpedian.substack.com/p/big-win-for-ethereum-as-the-sec-approved
Will #Ether #ETFs Spark a New Wave of #Cryptocurrency Adoption?
Click Below to Read This Interesting News 👇 #CryotoNE
https://coinpedian.substack.com/p/big-win-for-ethereum-as-the-sec-approved
Substack
Big Win For Ethereum As The SEC Approved All Spot Ethereum ETFs
What's Next for Spot Ether ETFs After SEC Approval?
When Will BlackRock's Spot #Ether #ETF Hit the #CryptoMarket?
How Will #BlackRock's Spot Ether ETF Impact #Ethereum's Price?
Want to Know When Might Investors Trade $ETH ETFs?
#CryptoNews #Crypto
https://coinpedian.substack.com/p/is-blackrocks-spot-ether-etf-secretly
How Will #BlackRock's Spot Ether ETF Impact #Ethereum's Price?
Want to Know When Might Investors Trade $ETH ETFs?
#CryptoNews #Crypto
https://coinpedian.substack.com/p/is-blackrocks-spot-ether-etf-secretly
Substack
Is BlackRock's Spot Ether ETF Secretly Set to Launch in June Following Their S1 Filing?
Ready to Ride the Ether Wave?
Want to Know How is #Ethereum Outperforming #Bitcoin in Market Value Realized Value(MVRV) Trends?
Will the Launch of #Ether #ETFs on July 2 Affect Ethereum's Price?
Click Below to Read More👇
#Crypto #CryptoNews #Cryptomarket
https://coinpedian.substack.com/p/is-ethereum-really-overvalued-heres
Will the Launch of #Ether #ETFs on July 2 Affect Ethereum's Price?
Click Below to Read More👇
#Crypto #CryptoNews #Cryptomarket
https://coinpedian.substack.com/p/is-ethereum-really-overvalued-heres
Substack
Is Ethereum Really Overvalued? Here’s What the Data Says
Will ETH Hit $10K by the End of 2024?
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🔵Gary #Gensler, SEC chair, spoke at Bloomberg Invest Summit. He mentioned the #EthereumETF approval process is progressing smoothly.
🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.
🔵Highlights that many crypto tokens are considered securities.
#Ether #CryptoNews
🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.
🔵Highlights that many crypto tokens are considered securities.
#Ether #CryptoNews
Why Did #Bitcoin Dip Below $58K?
Can #Ether, #Binance Coin, and #Solana Recover from Their Recent Drops?
Want to Know What's Happening in the #Cryptomarket??
Click Below to Read More👇👇👇
https://coinpedian.substack.com/p/2024-crypto-market-insights-etf-approvals
Can #Ether, #Binance Coin, and #Solana Recover from Their Recent Drops?
Want to Know What's Happening in the #Cryptomarket??
Click Below to Read More👇👇👇
https://coinpedian.substack.com/p/2024-crypto-market-insights-etf-approvals
Substack
2024 Crypto Market Insights: ETF Approvals, Regulatory Frameworks, and Market Dynamics
Report
Top #CryptoNews This Week
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
How High Can #Ether Soar with ETFs on the Horizon?
How Will Spot #EtherETFs Impact the #CryptoMarket?
Click Here👇
https://coinpedian.substack.com/p/ethereum-etf-launch-date-confirmed
How Will Spot #EtherETFs Impact the #CryptoMarket?
Click Here👇
https://coinpedian.substack.com/p/ethereum-etf-launch-date-confirmed
Substack
Ethereum ETF Launch Date Confirmed: SEC Greenlights Trading for July 23
What Will Ether's Price Be?