Bitcoin NFT Bubble Bursts: Values Plummet 60% After Holiday Frenzy

Bitcoin NFT Bubble Bursts: Values Plummet 60% After Holiday Frenzy

[ad_1] The short-lived reign of Bitcoin as the leading NFT platform came to an end this month, with Ethereum reclaiming the top spot as NFT sales on the Bitcoin network plummeted over 60% compared to December’s record highs. Data from NFT analytics platform CryptoSlam reveals a stark reversal in fortunes. After surpassing Ethereum in December … Read more

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

[ad_1] This month’s removal of the investment limit for retail investors in digital tokens backed by real estate or infrastructure marks a significant shift. Previous rules had limited retail investors to 300,000 baht (approximately $8,400) per offering in asset-backed ICOs. [ad_2] Source link

Why Is Bitcoin Price Up Above $43,000 Today?

Why Is Bitcoin Price Up Above $43,000 Today?

[ad_1] Bitcoin is back above $43,000 just days after making a swift recovery from below $40,000 to $42,000. This trend reversal is believed to be due to a number of recent developments that have painted a bullish narrative for the flagship crypto token.  The Grayscale Effect Is Wearing Off Bloomberg analyst James Seyffart recently highlighted … Read more

Glassnode Co-Founder Warns: Bitcoin’s Surge Could Trigger A $1 Billion Liquidation Event – Here’s Why

Glassnode Co-Founder Warns: Bitcoin’s Surge Could Trigger A $1 Billion Liquidation Event – Here’s Why

[ad_1] A notable perspective recently came from the Glassnode co-founders Jan Happel and Yann Allemann, Negentropic on X, who recently shared insights into Bitcoin price dynamics. Notably, the analysts highlighted liquidity as a crucial factor for Bitcoin’s price trajectory. Bitcoin Market On The Brink Of Spike In Volatility Negentropic revealed that BTC’s recent ascent above … Read more

What Are The Top 8 DeFi And Web3 Wallets To Use In Crypto?

What Are The Top 8 DeFi And Web3 Wallets To Use In Crypto?

[ad_1] In this article, we will explore the finest Web3 and DeFi wallets that offer substantial advantages to crypto users. While Web3 wallets and DeFi wallets share a strong connection, it’s important to understand their distinctions. By highlighting the top wallets in both categories, we aim to provide users with valuable insights into the wallets … Read more

Selling Pressure Subsides As Grayscale Sends 8.6K Bitcoin To Coinbase, Falling Below Average

Selling Pressure Subsides As Grayscale Sends 8.6K Bitcoin To Coinbase, Falling Below Average

[ad_1] In the third week of January, Bitcoin (BTC) demonstrated a modest 3% price recovery, following increased selling pressure exerted by asset manager Grayscale since January 12.  Interestingly, there are indications that this selling pressure is now diminishing, pointing towards a potential restart of the bullish trend that Bitcoin has been experiencing since October 2023. … Read more