London tops crypto hub rankings with 2nd highest number of crypto companies in the world
London tops crypto hub rankings with 2nd highest number of crypto companies in the worldThe city of London was praised for having over 800 crypto companies.Happy Saturday!The global crypto market cap is $1.09 trillion with a 24-hour volume of $41.85 billion. The price of Bitcoin is $23,407.86 and BTC market dominance is 41.5%. The price of Ethereum is $1,677.79 and ETH market dominance is 18.9%. The best performing cryptoasset sector is Deflationary, which gained 12%. Latest NewsLondon tops crypto hub rankings with 2nd highest number of crypto companies in the worldThe city of London was praised for having over 800 crypto companies. OpeaSea announces slew of new creator toolsTools include multi-stage minting phases, allowlist support, and rich narrative components, among other tools. W3E announces a new series of Web3 Esport tournamentsThe Web3 esport tournament organizer is set to bring creators, builders and pro players into a Web3 esports showdown. Filecoin’s Protocol Labs lays off one-fifth of staffThe distributed storage company has let go of 81 employees or 21% of its workforce. CFTC commits to regulating crypto products that are not securitiesThe U.S. regulator will work with the latest meeting of Congress to gain authority. Elon Musk cleared in trial over Tesla tweetsThe Tesla CEO was found not liable in a case that accused him of securities fraud. Craig Wright’s lawsuit against multiple Bitcoin developers will go to trialIf he wins, a number of developers could be forced to modify Bitcoin's code. ETH passes $1,700 for first time since September, but analysts say local top is in playSupply of ETH on exchanges have fallen to their lowest levels since June 2018 Research: BTC price surge increases miner profitability, indicating market bottomThe Difficulty Regression Model and Miner Revenue vs. Yearly Average comparison metrics indicate a market bottom as the hash rate reaches ATH. Russia-based Sberbank to launch DeFi platform on EthereumSberbank executive Konstantin Klimenko said that the bank's DeFi platform will be open for commerical operations at the end of April. |
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Bitcoin drops to $23,250 on significantly higher-than-expected US payroll data
Friday, February 3, 2023
The leading cryptocurrency fell to $23250 in response to strong labor market data.
Bitfinex sends $8.5M in crypto to Alameda’s wallet in last 24 hours
Thursday, February 2, 2023
Bitfinex made four transactions — which included $6 million USDT and 1545 Ethereum (roughly $2.52 million) — to the bankrupt firm's wallet.
M31 Capital bullish on BTC price, adoption in 2023 predictions
Wednesday, February 1, 2023
The firm also expects crypto adoption to increase further and mentions chains and NFTs might go in a new direction in 2023.
Research: Bitcoin futures open interest grows ahead of FOMC meeting
Tuesday, January 31, 2023
Diving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting.
Bitcoin closes 4 consecutive weekly green candles for first time since August 2021
Monday, January 30, 2023
The longest bear in Bitcoin history or a perfectly timed bottom from past halving cycle trends.
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