Crypto News LIVE: Bitcoin, a digital currency curated in 2009, once again stirred a whirlpool of speculations among crypto market enthusiasts globally as the token’s price surged past the $42K mark recently. As of writing, the Bitcoin price witnessed a marginal spring of 0.70% over the past 24 hours and is currently trading at $42,405. Meanwhile, altcoins like Ethereum and XRP noted a 0-1% drop over the past day, whereas Solana noted an uptick of 3.55%.
On the other hand, with the Fed’s upcoming announcement of this year’s first interest rates decision, the BTC price is expected to boost further. With a noteworthy probability of slashed rates, market experts hope to see a significant boost in the BTC token’s price.
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04:30:29 PM IST, 29 January 2024
Crypto News LIVE: Solana Price Holds Strong Above $97 Mark, Eyeing Next Breakout At $140
Solana price has recently demonstrated considerable steadiness in the fluctuating crypto market. It has successfully sustained a psychologically important level above the crucial $97 mark. This renewed interest from buyers has driven the value of this digital currency up by 10% within a week. Solana is trading at approximately $97.03, experiencing a slight 0.52% decrease over the past 24 hours.
#Solana is ready for upward continuation here.
After the initial push upwards, there’s always a period of consolidation, and it seems it’s ended.
A higher timeframe support test at $80 provided support.
Looks likely we’ll be continuing towards $140. pic.twitter.com/5DRQaRhbZh
— Michaël van de Poppe (@CryptoMichNL) January 28, 2024
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04:10:11 PM IST, 29 January 2024
Crypto News LIVE: Conflux (CFX) Price Eyes $0.36 Target After Key Breakout
Over the last two months, the Conflux coin price has shown a steady trend, hinting at a bullish reversal with an inverted head and shoulders pattern. On January 26th, a notable surge in trading volume led to a breakthrough above the pattern’s neckline resistance at $0.215. Maintaining above this level could trigger a 52% rise, aiming for a $0.36 target, marking a significant shift in the coin’s trajectory.
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03:50:03 PM IST, 29 January 2024
Crypto News LIVE: Bear Traps Encourage Polkadot (DOT) Price Rally to $9.5
In the daily time frame chart, the Polkadot Price showed the formation of a bearish reversal pattern called Head and Shoulder. On January 22nd, the broader market correction bolstered sellers to breach the pattern’s support to further strengthen their control over the asset. However, the buyers stepped in around $6 support and surged the price back above neckline support. Currently trading at $6.8, if the coin price leverage this failed breakdown, the buyers could lead a rally to $9.56.
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03:37:15 PM IST, 29 January 2024
Crypto News LIVE: MANTA Price Springs 62% Following Manta Network Launch
The Manta price noted a 62% surge in its price recently, subsequent to successfully integrating a robust modular infrastructure for its users that empowers the construction and deployment of decentralized applications (dApps).
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03:16:38 PM IST, 29 January 2024
Crypto News LIVE: Microsoft CEO Eyeing India For AI Development?
In a recent gust of developments, Microsoft CEO Satya Nadella unveiled plans to visit India on February 7th and 8th, with a scope-in on AI and its immense potential across the nation.
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02:58:28 PM IST, 29 January 2024
Crypto News LIVE: Top Crypto Analyst Spotlights Bitcoin’s Buy The Dip Sentiment
Ali Martinez, a renowned crypto market analyst, recently highlighted Bitcoin’s current market dynamics, showcasing a surge in new BTC addresses and the growing wave of investor interest.
While many are busy scrolling through to find pictures of #TaylorSwift, I’m diving deep into #Bitcoin trends.
Here’s a fresh insight: The rise in new $BTC addresses indicates a growing wave of investor interest. It looks like many have been buying the #BTC dip. pic.twitter.com/9ppaSOrzn4
— Ali (@ali_charts) January 29, 2024
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02:38:58 PM IST, 29 January 2024
Crypto News LIVE: Binance-Backed SkyArk Chronicles $15 Mln Funding Saga
Binance-backed gaming platform SkyArk Chronicles recently issued a statement claiming that the firm has completed a $15 million funding round led by Binance Labs. However, the statement was soon deleted, whereas Binance proclaimed that it did not participate in the gaming platform’s most recent funding round.
SkyArk Chronicles is a project incubated and invested in by Binance Labs in 2021 through Incubation Season 3; please note that Binance Labs did not participate in the project’s latest financing round this year. Thank you all for your attention.
SkyArk Chronicles 是 Binance… pic.twitter.com/wqu2PBxKGE
— Binance Labs Fund (@BinanceLabs) January 29, 2024
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02:19:19 PM IST, 29 January 2024
Crypto News LIVE: Top Analyst Predicts MATIC Price Potential Rebound To $1.50
Leading crypto market analyst Michael van de Poppe recently anticipated that MATIC is gearing up for an upward push, although the token has been underperforming recently. He expects the next rally to push the token to the $1.25-$1.50 region.
Request 05 – $MATIC
Higher timeframe support levels have been holding and liquidity has been taken.
I’m expecting another upwards push, although $MATIC has also been underperforming.
Next rally could be to $1.25-1.50 region. pic.twitter.com/Ir0YDbWNS3
— Michaël van de Poppe (@CryptoMichNL) January 28, 2024
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01:49:18 PM IST, 29 January 2024
Crypto News LIVE: Futures ETF Not Needed For Spot XRP ETF
According to Bloomberg ETF analyst James Seyffart, a futures ETF is not required for an XRP spot ETF to be approved. However, a regulated market remains crucial for the SEC, when deciding to approve ETFs.
I agree with @JSeyff . You need a futures market, not necessarily a futures ETF. Although a futures ETF will help add liquidity to the futures market, improving intraday trading activity and correlation with spot … improving odds for a spot ETF
— Scott Johnsson (@SGJohnsson) January 29, 2024
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01:25:08 PM IST, 29 January 2024
Crypto News LIVE: Polyhedra Network Unveils Partnership With TNA Protocol
The Polyhedra Network recently announced plans to merge forces with the TNA Protocol, aiming to oversee the seamless transfer of Bitcoin name assets across Bitcoin, Bitcoin Layer-2s, Ethereum, and EVM-compatible chains.
🤝 We are excited to announce our partnership with @TNA_Protocol, the top protocol for programmable Bitcoin name assets.
zkBridge supports TNA to seamlessly transfer Bitcoin name assets across Bitcoin, Bitcoin Layer-2s, Ethereum, and EVM-compatible chains. https://t.co/QSyKTtrv3M
— Polyhedra Network (@PolyhedraZK) January 29, 2024
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12:57:06 PM IST, 29 January 2024
Crypto News LIVE: BitSwap Unveils OKX Wallet Integration
BitSwap, the first cross-chain swap for the Bitcoin ecosystem, recently announced plans to integrate the OKX wallet into its system, facilitating efficient trading for BRC20 assets on multiple blockchains.
Happy to annouce that @BitSwap_xyz, a cross-chain swap for the BRC20 and Bitcoin ecosystem, has integrated the #OKXWallet! 🎉
Enjoy a seamless trading experience for BRC20 assets across diverse blockchains on @BitSwap_xyz 🙌 pic.twitter.com/pLGPX4nzDA
— OKX Web3 (Wallet | DeFi | NFT) (@okxweb3) January 29, 2024
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12:37:01 PM IST, 29 January 2024
Crypto News LIVE: Top Analyst Foresees Solana To $113
Leading crypto market analyst ALI Martinez recently spotlighted Solana’s current market dynamics, predicting it to reach $113 ahead potentially.
#Solana appears to be breaking out from a descending parallel channel. If $SOL can hold above $94, it has a great chance of advancing toward $113! pic.twitter.com/cNdS6GeXXK
— Ali (@ali_charts) January 28, 2024
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12:16:49 PM IST, 29 January 2024
Crypto News LIVE: YieldMax Pursues SEC Approval For Bitcoin Options Income Strategy ETF
YieldMax, a prominent fund group, recently revealed that the firm has filed for a Bitcoin options income strategy ETF (YBIT) with the regulatory body, the U.S. SEC.
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11:53:38 AM IST, 29 January 2024
Crypto News LIVE: Bitcoin Whales Reshuffle 4,675 BTC From Coinbase Institutional
In another significant crypto whale chronicle, Bitcoin whales shifted staggering amounts of BTC to and fro from Coinbase Institutional. As per on-chain data, a whale shifted 1,426 BTC from Coinbase Institutional to an unknown wallet, whereas another whale moved 3,249 BTC from an unknown wallet to Coinbase Institutional.
🚨 🚨 🚨 1,426 #BTC (60,491,777 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/iyXKxhdXT8
— Whale Alert (@whale_alert) January 29, 2024
🚨 🚨 🚨 🚨 🚨 🚨 3,249 #BTC (137,277,045 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/E3LSUGZTed
— Whale Alert (@whale_alert) January 29, 2024
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11:30:13 AM IST, 29 January 2024
Crypto News LIVE: Whale Offloads Over 27 Mln XRP To Bitstamp
As per on-chain data revealed by the blockchain tracker Whale Alert, an XRP whale shifted 27.7 million XRP to Bitstamp, a Luxembourg city-based CEX.
🚨 27,700,000 #XRP (14,482,315 USD) transferred from unknown wallet to #Bitstamphttps://t.co/JmHPN5e6CS
— Whale Alert (@whale_alert) January 28, 2024
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11:09:33 AM IST, 29 January 2024
Crypto News LIVE: DWF Labs Head’s X Account Compromised
According to a recent statement by the DWF Labs’ X handle, the X account of Andrei Grachev, the head of DWF Labs, got hacked.
We’re addressing the compromise of Andrei’s X account (@ag_dwf). Here’s what you need to know:
🚨 If you clicked on any unusual links, please:
1️⃣ Inform your local authorities as a precaution.
2️⃣ Enhance your account security with strong passwords and two-factor authentication…— DWF Labs (@DWFLabs) January 29, 2024
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10:50:10 AM IST, 29 January 2024
Crypto News LIVE: Renzo Unveils BNB Chain Support
Ethereum staking protocol Renzo recently announced plans to foster restaking with BNB Chain. Furthermore, bETH deposits on the DeFi platform start February 5.
Renzo is humbled to bring restaking to the largest and most vibrant DeFi community! @eigenlayer @binance @BNBCHAIN 🙏🏻
bETH deposits open on Feb 5th
ETH deposits are never capped
Link in bio ☝🏻 https://t.co/7vx0XzUMp2
— Renzo (@RenzoProtocol) January 28, 2024
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10:31:24 AM IST, 29 January 2024
Crypto News LIVE: TRON Founder Justin Sun Spotlights Blockchain’s Role In Revolutionizing Finance
TRON Founder Justin Sun recently stated that blockchain is a technology curated to enhance the financial efficiency of humans. Since its inception into the economic realm, the technology has brought about phenomenal changes, and there is still a long way to go, according to Sun.
Blockchain is revolutionizing finance – that’s a fact.
Dive in and find out why 👇https://t.co/f0Uq6ClawU pic.twitter.com/XQ6ejODK3i
— H.E. Justin Sun 孙宇晨 (@justinsuntron) January 29, 2024
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10:10:22 AM IST, 29 January 2024
Crypto News LIVE: Hong Kong Files For First Spot Bitcoin ETF
Harvest Hong Kong, a leading fund company in Hong Kong, recently submitted a spot Bitcoin ETF application to the Hong Kong SFC (Securities and Futures Commission), emerging as the nation’s first-ever organization to do so.
On January 26, Harvest Hong Kong, one of China’s largest fund companies, submitted a Bitcoin spot ETF application to the Hong Kong Securities and Futures Commission. This is the first institution in Hong Kong to submit a Bitcoin spot ETF application. https://t.co/UgMfQ6G8xQ
— Wu Blockchain (@WuBlockchain) January 29, 2024
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09:52:00 AM IST, 29 January 2024
Crypto News LIVE: STEPN-Linked Wallet Dumps GMT To Binance
As per the data revealed by Spot On Chain, a STEPN-linked wallet address, 0x8b3, recently deposited 14.34 million GMT to Binance.
Wallet 0x8b3 (investor or team wallet of @Stepnofficial) deposited 14.34M $GMT ($3.87M) to #Binance ~14hrs ago.
Notably, it received 131M $GMT from all unlocks since Jul 2023, and has deposited 25.8M $GMT to CEX at ~$0.27 ($6.93M) amid price drops.
Still holds 104.5M $GMT… pic.twitter.com/x4e7V6GvbJ
— Spot On Chain (@spotonchain) January 29, 2024
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09:31:40 AM IST, 29 January 2024
Crypto News LIVE: Shiba Inu Burn Rate Jumps 100%
As per data unveiled by the SHIB burn tracker, Shibburn, the token’s burn rate surged 117.4% over the past 24 hours with a 20.84% upswing noted over the past week.
HOURLY SHIB UPDATE$SHIB Price: $0.00000905 (1hr 0.10% ▲ | 24hr -1.29% ▼ )
Market Cap: $5,339,161,407 (-1.22% ▼)
Total Supply: 589,291,946,420,932TOKENS BURNT
Past 24Hrs: 15,812,778 (117.4% ▲)
Past 7 Days: 197,906,314 (20.84% ▲)— Shibburn (@shibburn) January 29, 2024
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09:28:17 AM IST, 29 January 2024
Crypto News LIVE: Top Analyst Foresees Solana Rally Ahead
Crypto market analyst Michael van de Poppe recently stated that the Solana (SOL) token is preparing itself for an upward momentum shortly ahead.
#Solana is ready for upward continuation here.
After the initial push upwards, there’s always a period of consolidation, and it seems it’s ended.
A higher timeframe support test at $80 provided support.
Looks likely we’ll be continuing towards $140. pic.twitter.com/5DRQaRhbZh
— Michaël van de Poppe (@CryptoMichNL) January 28, 2024
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
This news is republished from another source.
