Shiba Inu Developers to launch Shibarium L2 network Beta

Hong Kong to Publish Approved List of Crypto for Retail Trading

Bitcoin is gradually regaining value following a major drop in 2022 that brought the asset’s price to a low of $15,000. Earlier this month, the price of Bitcoin was $17,162. Now, it is at a high of around $20,500.

Bitcoin has been rising for the past 12 days in a row. Since 2013, this is the longest run for Bitcoin.

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Top 15 stablecoins by market capitalization

Top 5 stablecoins hold 87% of the entire stablecoin market capitalization - U.S. Department of Commerce Institute

BNB Chain has completed the burn of over $500 million worth of BNB tokens

-Token burn refers to the process of permanent deletion of coins from the circulating supply

-Over 100 million BNB or half of its total supply are burned.

The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold.

According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade.

The token is projected to be issued in the form of a stablecoin backed by gold, according to Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain.

The stablecoin aims to enable cross-border transactions instead of fiat currencies like the United States dollar, the Russian ruble or the Iranian rial. The report notes that the potential cryptocurrency would operate in a special economic zone in Astrakhan, where Russia started to accept Iranian cargo shipments.

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Crypto mining stocks surge to yearly highs after Bitcoin surge.

-Bitfarms registered a 140% surge in the first two weeks of January 2023
-MarathonDigital Holdings with a 120% surge
-MVIS Global Digital Assets Mining Index is up by 64%

The selloff in Bitcoin and Ethereum are buying opportunities, Anthony Scaramucci said on Monday.

-He still sees bitcoin going up to $100,000 over the next 12-24 months.

He said that improving macroeconomic picture will be a factor in helping crypto prices recover.

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Monex shows interest to buy FTX Japan

-CEO stated that getting the FTX subsidiary firm would be great for Monex once the local market remains less competitive.

The selloff in Bitcoin and Ethereum are buying opportunities, Anthony Scaramucci said on Monday.

-He still sees bitcoin going up to $100,000 over the next 12-24 months.

He said that improving macroeconomic picture will be a factor in helping crypto prices recover.

For more quick updates, join us on Telegram: t.me/cryptorelevant 👈

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Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews

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The program "Build"...🎉

The "Build" program is a platform to help people in the cryptocurrency industry make money with a strong community's support. It has three levels: Level 1 is a free public group for discussion where beginners and creators can interact and network; Level 2 is for more advanced learners who want to specialize in a particular area, and have access to experienced creators as mentors; and Level 3 is for clients looking for promotions, optimization, and management of their projects. The program aims to provide beginners with the opportunity to learn new skills, creators to showcase their skills and attract customers, and businesses to promote and grow their projects.

Coming Soon.....👀🎯 Stay tuned 🤝

#Crypto #ProgramBuild

What Next?

Up 👍
Down 👎

Bitcoin is now worth more than JP Morgan Chase🥳🥳

Bitcoin processed $72,940,383,099 worth of transactions this weekend

Crypto Active developers have doubled over the past two years.

2021:- 12,000 total monthly active developers
2022:- around 24,000, furthermore 26,000 in June 2022

First public company to buy Bitcoin,
MicroStrategy has increased in value more than every major asset and technology stock in the world.

Optimism has outperformed Arbitrum since mid-December in transaction count.

Optimism:- 675.19k
Arbitrum:- 304.72k

FTX says $415 million of crypto was hacked.

FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”

Polygon-backed web3 gaming platform Intella X raises $12 million

-Intella X raised $12 million from investors that include Polygon, Animoca Brands and Magic Eden.

-The platform is the product of a partnership between South Korean gaming company Neowiz and Polygon.

-It’s set to launch later this quarter.

SHIB Burn Rate at Massive 613% Rise Following 20% Price Surge

-More than 70 million SHIB tokens have been burned since the unexpected price surge on the market.