Cryptocurrency News LIVE Updates: Bitcoin, the world’s first-ever digital currency, witnessed further declines in its price over the past day, dropping 4.33%, reaching $38,966. Notably, it even slipped as low as $38,943 today, as per CoinMarketCap’s data, with a continuous flux resulting in the price’s movement to and fro the $39K mark. Whilst, other cryptos like Ethereum, Solana, and XRP also noted downturns of 2%-5%, nabbing significant attention globally.
Meanwhile, the Ondo finance team offloaded 40 million ONDO to multiple exchange addresses, aligning with the price plunge witnessed by the ONDO token. Notably, the token’s price fell by 15% briefly, sparking speculations among crypto market enthusiasts globally.
Meme coins Shiba Inu and Dogecoin also noted a price fall, dropping 2% and 2.31%, respectively.
Notably, Mt Gox, the infamously hacked crypto exchange, recently announced plans to repay its creditors in Bitcoin, curating a tidal wave of speculations orbiting the Bitcoin price. Aligning with this, as Mt Gox reveals plans to unlock massive amounts of Bitcoin, a potential impact is much expected on the BTC price, accompanied by thrilling twists in market sentiments right before the upcoming halving.
Live
04:55:30 PM IST, 23 January 2024
Crypto News LIVE: Jim Cramer Spotlights Bitcoin’s Bearish Turn
As the Bitcoin price continues its downward movement today, Jim Cramer, host of Mad Money, highlights the token’s 20% fall from its high. Market sentiments still appear to be bullish as replies to his statement displayed a buying sentiment for the token, hinting at a pump ahead.
04:33:09 PM IST, 23 January 2024
Crypto News LIVE: UMA Price Rallies 28% As Derivatives Traders Invest $130 Mln
The UMA price charts appear to be showcasing notable gains in recent days. With the token’s price soaring 28% today, its weekly charts illustrate a roughly 200% surge, garnering attention globally. Meanwhile, amid the token’s pump, derivatives traders invested $130 million in UMA, aligning with the open interest upswing of 30% over the past day. This further adds up to the token’s bull run.
04:11:20 PM IST, 23 January 2024
Crypto News LIVE: WisdomTree & Invesco Propel Bitcoin ETF Fee War In Europe
Following the recent successful inception of the U.S. spot Bitcoin ETFs, Invesco, and WisdomTree waged a new battle in Europe, commencing a fee-slashing chronicle on their European-listed Bitcoin exchange-traded products (ETPs).
03:51:39 PM IST, 23 January 2024
Crypto News LIVE: AI Hampers US Elections
As per numerous reports hovering over the United States elective space, AI appears to have caused quite the commotion following a deepfake audio of Biden that surfaced in the nation over the weekend.
The deepfake audio reportedly said, “Save your vote for the November election,” to voters living in New Hampshire.
03:33:22 PM IST, 23 January 2024
Crypto News LIVE: Top Crypto Analyst Anticipates Bitcoin Price To $32K
A renowned crypto market analyst, Ali Martinez, predicts the Bitcoin price to reach as low as $32,700.
03:19:12 PM IST, 23 January 2024
Crypto News LIVE: Blockchain Association Of Kenya Unveils Potential Draft For Virtual Asset Bill 2024
The Blockchain Association of Kenya unveiled a potential draft for the upcoming virtual asset bill, welcoming considerations and potential changes from the public.
02:52:48 PM IST, 23 January 2024
Crypto News LIVE: Pro-XRP Lawyer Stamps SEC As ‘Money Grab’
John E. Deaton slated the SEC’s speech as a ‘pure money grab’ in a recent post shared on X. Furthermore, the Pro-XRP Lawyer raised questions about the regulatory body’s motives, accusing it of a lack of transparency.
02:36:38 PM IST, 23 January 2024
Crypto News LIVE: Bitcoin Whales On A Selling Spree
Recent crypto market data spotlighted by top analyst Ali Martinez portrays that Bitcoin whales sold a staggering 70,000 BTC, worth approximately $3 billion, in the past two weeks.
02:16:32 PM IST, 23 January 2024
Crypto News LIVE: HashKey Group & OKX Eye Partnership To Facilitate Compliant Virtual Asset Innovation in Hong Kong
As per a report, Hashkey Group, a leading digital assets financial services firm, and OKX, a crypto exchange, recently announced plans to strategically merge forces in Hong Kong. With this, the entities aim to promote compliant virtual asset innovation and industry development nationwide.
02:00:26 PM IST, 23 January 2024
Crypto News LIVE: HTX DAO Unveils Next Batch Of Ecological Builders
In a gust of strategic developments, HTX DAO recently revealed the fourth batch of its ecological builders, Cypher Capital, and the Ape NFT Foundation. Subsequently, APENFT is all set to donate 5% of the same amount of funds as Huobi HTX’s donation, aiding the DAO in its journey across the realm of DeFi.
01:41:17 PM IST, 23 January 2024
Crypto News LIVE: Crypto Startup Figure Eyes SEC’s Approval For Interest-Bearing Stablecoins
Crypto and blockchain startup Figure Technologies Inc. is setting its sights on introducing interest-bearing stablecoins following the SEC’s potential approval.
01:18:22 PM IST, 23 January 2024
Crypto News LIVE: Mt Gox To Repay Creditors In Bitcoin, BTC Price Impacted?
Mt Gox, the infamously hacked crypto exchange, recently announced plans to repay its creditors in Bitcoin. Notably, the firm intends to unlock massive amounts of Bitcoin for this repayment over the next two months.
This unlock is expected to hit the crypto market, potentially impacting the BTC price and market sentiments for the upcoming halving.
01:02:36 PM IST, 23 January 2024
Crypto News LIVE: Coinbase CLO Contends U.S. Treasury’s Crypto Mixing Rule
Coinbase CLO Paul Grewal recently cracked down on the U.S. Treasury’s crypto mixing rule, emphasizing data integrity concerns to optimize regulatory efficiency.
12:49:43 PM IST, 23 January 2024
Crypto News LIVE: Bitcoin ETFs Net Outflow For Day 7
BitMEX Research recently spotlighted the total net outflow of spot Bitcoin ETFs on Day 7.
As per the data, the net outflow totals $87.5 million while writing. BlackRock, Fidelity, and Bitwise continue to cork the best ETF service providers list.
12:22:04 PM IST, 23 January 2024
Crypto News LIVE: Shiba Inu Whales Reshuffle 4 Tln SHIB
On-chain data for Shiba Inu illustrated a staggering 4.27 trillion SHIB shifted between unknown wallets recently. Notably, these wallets were registered on Bitvavo.
12:02:39 PM IST, 23 January 2024
Crypto News LIVE: XRP Whale Offloads 29 Mln To Bitstamp
Amid XRP’s continued price slump, an unknown address offloads 29.1 million XRP to Bitstamp again. The amount transferred totaled $15.45 million while writing.
11:42:32 AM IST, 23 January 2024
Crypto News LIVE: Trump Backs Vivek Ramaswamy on CBDC Threat
Donald Trump recently stated that Vivek Ramaswamy informed him about the potential dangers of CBDC creation. Agreeing with which, Trump vowed never to let a CBDC into the nation if elected.
11:22:09 AM IST, 23 January 2024
Crypto News LIVE: Top Analyst Foresees XRP Price Rebound
One of the most prominent crypto market analysts, Ali Martinez, eyes an XRP price rebound shortly ahead, propelling market optimism for the token. Meanwhile, the XRP price showcased notable declines in recent days, followed by significant whale offloading activity.
11:03:24 AM IST, 23 January 2024
Crypto News LIVE: Bitcoin Price Plunges 20% Post ETF Inception
The Bitcoin price appears to have jotted down a remarkable dip following the inception of ETFs within the trading landscape. The token’s price surged up to $49,021 promptly after the SEC’s ETF approval. However, today, the token’s price traded as low as $39,474, as per CoinMarketCap’s data, marking a roughly 20% decrease since that day.
10:42:37 AM IST, 23 January 2024
Crypto News LIVE: U.S. SEC Points Finger At SIM Swapping For X Account Breach
The US SEC stated that it was the prey of a fraudster technique named SIM swapping that resulted in its X account breach right before the Bitcoin ETF approval.
10:17:32 AM IST, 23 January 2024
Crypto News LIVE: Dogecoin Whale Accumulates 166 Mln DOGE, Sparks Speculations
As per recent on-chain data unveiled by the blockchain tracker Whale Alert, an unknown address withdrew 166.20 million DOGE, worth approximately $14 million, from Robinhood amid the meme coin’s price slump.
09:57:10 AM IST, 23 January 2024
Crypto News LIVE: Binance Vs SEC Fraud Suit Takes A Thrilling Twist
Following a four-hour long hearing in a Washington courtroom on Monday, U.S. District Court Judge Amy Jackson cracked down on the U.S. SEC’s stance on digital assets that the regulatory body classifies as securities. Meanwhile, Binance appears to be leveraging the judge’s ruling.
09:31:46 AM IST, 23 January 2024
Crypto News LIVE: Shiba Inu Burn Rate Rockets 400% As Community Shifts SHIB To Dead Wallet
The Shiba Inu crypto community transferred a staggering 100 Million SHIB to a dead wallet again. With this, the SHIB burn rate marks a 447.16% upswing, propelling market optimism for the token.
09:16:46 AM IST, 23 January 2024
Crypto News LIVE: FTX & Celsius Move Staggering Amounts Of ETH To CEXs
As per on-chain metrics spotlighted by Spotonchain, Celsius moved 15, 200 ETH to Coinbase and FalconX, whereas, FTX shifted 1000 ETH to Wintermute trading. The total number of ETH moved to CEXs equaled a whopping $38.35 million.
This news is republished from another source. You can check the original article here
