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Welcome to Crypto Daily Digest, your daily dose of the latest news, trends, and insights from the world of cryptocurrency.
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Crypto Twitter Mocks Justin Bieber’s NFT as It Crashes 99% To $59KJustin Bieber’s $1.31 million NFT investment suffers a steep decline. The tweet about Bieber’s NFT loss generated intense discussions among crypto enthusiasts. Some question the long-term viability of NFTs and potential money laundering. A recent tweet by SAY CHEESE, a Twitter user based in the United States, has ignited a firestorm of discussions surrounding pop star Justin Bieber’s ill-fated purchase of a Bored Ape NFT. The tweet, which featured a screenshot of the purchased NFT alongside

Crypto Twitter Mocks Justin Bieber’s NFT as It Crashes 99% To $59K

Justin Bieber’s $1.31 million NFT investment suffers a steep decline.

The tweet about Bieber’s NFT loss generated intense discussions among crypto enthusiasts.

Some question the long-term viability of NFTs and potential money laundering.

A recent tweet by SAY CHEESE, a Twitter user based in the United States, has ignited a firestorm of discussions surrounding pop star Justin Bieber’s ill-fated purchase of a Bored Ape NFT.

The tweet, which featured a screenshot of the purchased NFT alongside
ADA May Trigger a Bullish Confirmation Soon, According to Popular AnalystAnalyst Dan Gambardello predicted that ADA may enter into an 8-9% move in the coming week. The analyst noted that ADA was trading above the 20-day MA line and may climb to $0.32. Conversely, a drop below the 20-day MA may lead to ADA falling to $0.22, according to the analyst. The crypto analyst and trader Dan Gambardello shared his bullish outlook for Cardano (ADA) in a pair of tweets published earlier today. In the first post, he shared his latest technical analysis for the altcoin, wherein

ADA May Trigger a Bullish Confirmation Soon, According to Popular Analyst

Analyst Dan Gambardello predicted that ADA may enter into an 8-9% move in the coming week.

The analyst noted that ADA was trading above the 20-day MA line and may climb to $0.32.

Conversely, a drop below the 20-day MA may lead to ADA falling to $0.22, according to the analyst.

The crypto analyst and trader Dan Gambardello shared his bullish outlook for Cardano (ADA) in a pair of tweets published earlier today. In the first post, he shared his latest technical analysis for the altcoin, wherein
NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in AsiaThe partnership will offer multi-chain indexing to provide data-query API to developers. The NEAR Foundation, the non-profit behind the ecosystem development of the NEAR protocol, is joining with Alibaba Cloud, the Chinese tech giant’s arm for computing and storage, to accelerate Web3 growth in Asia and the Middle East, the organization said Monday. The partnership grants the NEAR Foundation access to #Alibaba Cloud's developer ecosystem across Asia and the Middle East in a bid to attract more

NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in Asia

The partnership will offer multi-chain indexing to provide data-query API to developers.

The NEAR Foundation, the non-profit behind the ecosystem development of the NEAR protocol, is joining with Alibaba Cloud, the Chinese tech giant’s arm for computing and storage, to accelerate Web3 growth in Asia and the Middle East, the organization said Monday.

The partnership grants the NEAR Foundation access to #Alibaba Cloud's developer ecosystem across Asia and the Middle East in a bid to attract more
Bitcoin Monthly Volume Surpasses Yearly Average, Why This Is BullishData shows the Bitcoin monthly average trading volume has now surpassed the yearly average one. Here’s why this may be bullish for the asset. Bitcoin 30-Day SMA Volume Has Crossed Above The 365-Day SMA According to data from the on-chain analytics firm Glassnode, this is the first time since the LUNA collapse that this pattern has formed for the #cryptocurrency . The “trading volume” here refers to the total amount of Bitcoin the investors are moving around on the blockchain. When the value o

Bitcoin Monthly Volume Surpasses Yearly Average, Why This Is Bullish

Data shows the Bitcoin monthly average trading volume has now surpassed the yearly average one. Here’s why this may be bullish for the asset.

Bitcoin 30-Day SMA Volume Has Crossed Above The 365-Day SMA

According to data from the on-chain analytics firm Glassnode, this is the first time since the LUNA collapse that this pattern has formed for the #cryptocurrency . The “trading volume” here refers to the total amount of Bitcoin the investors are moving around on the blockchain.

When the value o
Ethereum Price Follows Bitcoin and $2,000 Seems ImminentEthereum price is rallying above $1,850 against the US Dollar. ETH is clearly following Bitcoin’s rally and might soon test the $2,000 resistance zone. Ethereum is moving higher above the $1,850 and $1,880 resistance levels. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,890 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further above the $1,930 and $1,950 resistance levels

Ethereum Price Follows Bitcoin and $2,000 Seems Imminent

Ethereum price is rallying above $1,850 against the US Dollar. ETH is clearly following Bitcoin’s rally and might soon test the $2,000 resistance zone.

Ethereum is moving higher above the $1,850 and $1,880 resistance levels.

The price is trading above $1,850 and the 100-hourly Simple Moving Average.

There is a key bullish trend line forming with support near $1,890 on the hourly chart of ETH/USD (data feed via Kraken).

The pair could rise further above the $1,930 and $1,950 resistance levels
Bitcoin Signals Major Momentum Shift, Why $50K Could Be NextBitcoin is trading at $30,000 today, up more than $5,000 in around a week since retesting 25,000 support. More important than the psychological level itself is the fact the push above $30,000 has turned momentum on monthly price charts bullish for the first time since August 2021. In addition, price is back above a dynamic technical resistance level that has prevented a bull run for several months. With that out of the way, crypto could soar. Bitcoin Above $30,000 Triggers Bullish Crossover A

Bitcoin Signals Major Momentum Shift, Why $50K Could Be Next

Bitcoin is trading at $30,000 today, up more than $5,000 in around a week since retesting 25,000 support.

More important than the psychological level itself is the fact the push above $30,000 has turned momentum on monthly price charts bullish for the first time since August 2021. In addition, price is back above a dynamic technical resistance level that has prevented a bull run for several months. With that out of the way, crypto could soar.

Bitcoin Above $30,000 Triggers Bullish Crossover

A
Bitcoin Reclaims Over 50% Market Dominance Following BlackRock ETF FilingThe SEC’s crackdown against altcoins is boosting Bitcoin’s share of the crypto market. Bitcoin’s market capitalization is once again larger than that of all other cryptocurrencies combined, according to data from TradingView.  The site’s BTC dominance metric rose above 50% on Monday for the first time since May 2021, when Bitcoin’s price plummeted after China announced a total ban on crypto mining, and Tesla partly distanced itself from the asset over environmental concerns.  Pledditor @Pledd

Bitcoin Reclaims Over 50% Market Dominance Following BlackRock ETF Filing

The SEC’s crackdown against altcoins is boosting Bitcoin’s share of the crypto market.

Bitcoin’s market capitalization is once again larger than that of all other cryptocurrencies combined, according to data from TradingView. 

The site’s BTC dominance metric rose above 50% on Monday for the first time since May 2021, when Bitcoin’s price plummeted after China announced a total ban on crypto mining, and Tesla partly distanced itself from the asset over environmental concerns. 

Pledditor @Pledd
Aptos (APT) Gains 18% In The Last Week – Could A Market Reversal Finally Be On?Aptos (APT) has shown an impressive market performance in the last week gaining by 18.25% to emerge as one of the biggest weekly gainers on #CoinMarketCap . This positive price movement is quite significant for many APT investors, as the APT market has been under bearish control for most of 2023. Aptos’ Unimpressive 2023 Aptos began the year with a bang, surging by over 500% to hit its all-time high price of $18.58 on January 26. However, the prominent altcoin had since experienced a steady de

Aptos (APT) Gains 18% In The Last Week – Could A Market Reversal Finally Be On?

Aptos (APT) has shown an impressive market performance in the last week gaining by 18.25% to emerge as one of the biggest weekly gainers on #CoinMarketCap . This positive price movement is quite significant for many APT investors, as the APT market has been under bearish control for most of 2023.

Aptos’ Unimpressive 2023

Aptos began the year with a bang, surging by over 500% to hit its all-time high price of $18.58 on January 26. However, the prominent altcoin had since experienced a steady de
Litecoin Price Prediction as LTC Shoots Up 8% From $70 Level – Can LTC Reach $1,000 in 2023?#Litecoin (LTC), one of the prominent cryptocurrencies in the market, has experienced a significant surge, rising by 8% from its previous level of $70.  This upward movement has sparked speculation among investors, leading to questions about the potential for Litecoin to reach the $1,000 mark in 2023. In this Litecoin price prediction, we will take a look at the technical outlook and examine the possibilities for its future trajectory. Litecoin Price The current price of Litecoin (LTC) is $7

Litecoin Price Prediction as LTC Shoots Up 8% From $70 Level – Can LTC Reach $1,000 in 2023?

#Litecoin (LTC), one of the prominent cryptocurrencies in the market, has experienced a significant surge, rising by 8% from its previous level of $70. 

This upward movement has sparked speculation among investors, leading to questions about the potential for Litecoin to reach the $1,000 mark in 2023.

In this Litecoin price prediction, we will take a look at the technical outlook and examine the possibilities for its future trajectory.

Litecoin Price

The current price of Litecoin (LTC) is $7
Ripple partners with Colombia’s central bank; Bullish for XRP?While #Ripple  continues to wage a widely publicized legal battle against the United States Securities and Exchange Commission (SEC), the blockchain company has not let regulatory hurdles stand in the way of its innovation and expansion of its reach, including in Colombia. As it happens, Colombia’s central bank, Banco de la República, has announced a partnership with Ripple alongside the Ministry for Information and Communications Technologies (MinTIC) to implement Ripple’s central bank digital

Ripple partners with Colombia’s central bank; Bullish for XRP?

While #Ripple  continues to wage a widely publicized legal battle against the United States Securities and Exchange Commission (SEC), the blockchain company has not let regulatory hurdles stand in the way of its innovation and expansion of its reach, including in Colombia.

As it happens, Colombia’s central bank, Banco de la República, has announced a partnership with Ripple alongside the Ministry for Information and Communications Technologies (MinTIC) to implement Ripple’s central bank digital
XRP Primed For Massive Upsurge as SEC Case Tilts in Ripple’s Favor Amid Huge Reveal Of Hinman FilesXRP, the native cryptocurrency for the #Ripple network, has witnessed an impressive surge following the public release of the highly anticipated Hinman documents. On Tuesday, the popular #cryptocurrency soared over 7% to tap $0.5650 at noon. This price movement was met with enthusiasm from investors, as the reveal is a significant development in the ongoing legal dispute between the cryptocurrency firm and the US Securities and Exchange Commission (SEC). In a tweet, Ripple CEO Brad Garlingho

XRP Primed For Massive Upsurge as SEC Case Tilts in Ripple’s Favor Amid Huge Reveal Of Hinman Files

XRP, the native cryptocurrency for the #Ripple network, has witnessed an impressive surge following the public release of the highly anticipated Hinman documents.

On Tuesday, the popular #cryptocurrency soared over 7% to tap $0.5650 at noon. This price movement was met with enthusiasm from investors, as the reveal is a significant development in the ongoing legal dispute between the cryptocurrency firm and the US Securities and Exchange Commission (SEC).

In a tweet, Ripple CEO Brad Garlingho
Crypto Volatility Incoming: Breaking Down This Week’s Major Macro EventsThis week in the crypto #market is shaping up to be one of the most significant in terms of macroeconomic events. These unfolding developments will not only have a ripple effect on cryptocurrencies, but also on stocks, the dollar, and every other asset class. Let’s break down these crucial events and why they matter to crypto enthusiasts and investors. The Macro Economic Calendar And Its Impact On Crypto All week long, the crypto market will be exposed to the impact of a series of macro events

Crypto Volatility Incoming: Breaking Down This Week’s Major Macro Events

This week in the crypto #market is shaping up to be one of the most significant in terms of macroeconomic events. These unfolding developments will not only have a ripple effect on cryptocurrencies, but also on stocks, the dollar, and every other asset class. Let’s break down these crucial events and why they matter to crypto enthusiasts and investors.

The Macro Economic Calendar And Its Impact On Crypto

All week long, the crypto market will be exposed to the impact of a series of macro events
Shiba Inu surges in the metaverse with Rocket Pond reveal, sparking hopes for $0.001 SHIB price.Shiba Inu (SHIB) is one of the #cryptocurrency initiatives that has captivated investors’ interest and enthusiasm the most. The introduction of Rocket Pond, the creation of the SHIB Metaverse, and the impending mainnet release of Shibarium are just a few of the significant changes that the Shiba Inu community is anxiously anticipating as the project gathers pace and speed. The launch of Rocket Pond, one of the 11 SHIB Metaverse hubs, was one of the most eagerly awaited updates. According to Ma

Shiba Inu surges in the metaverse with Rocket Pond reveal, sparking hopes for $0.001 SHIB price.

Shiba Inu (SHIB) is one of the #cryptocurrency initiatives that has captivated investors’ interest and enthusiasm the most. The introduction of Rocket Pond, the creation of the SHIB Metaverse, and the impending mainnet release of Shibarium are just a few of the significant changes that the Shiba Inu community is anxiously anticipating as the project gathers pace and speed.

The launch of Rocket Pond, one of the 11 SHIB Metaverse hubs, was one of the most eagerly awaited updates. According to Ma
Vitalik Buterin calls for three mandatory 'transitions' for EthereumVitalik Buterin, the co-founder of Ethereum, has proposed a roadmap consisting of three transitions: Layer 2 scaling, wallet security enhancement, and privacy measures. #Ethereum co-founder Vitalik Buterin laid out a roadmap in a blog post comprising three major technical transitions that he believes are needed to ensure the success of the Ethereum blockchain. Buterin contends that these transitions – Layer 2 scaling, wallet security enhancement, and privacy measures – will be pivotal in prese

Vitalik Buterin calls for three mandatory 'transitions' for Ethereum

Vitalik Buterin, the co-founder of Ethereum, has proposed a roadmap consisting of three transitions: Layer 2 scaling, wallet security enhancement, and privacy measures.

#Ethereum co-founder Vitalik Buterin laid out a roadmap in a blog post comprising three major technical transitions that he believes are needed to ensure the success of the Ethereum blockchain.

Buterin contends that these transitions – Layer 2 scaling, wallet security enhancement, and privacy measures – will be pivotal in prese
Bitcoin whale transfers nearly $40 million after decade of dormancyOne bitcoin whale has woken up after more than 10 years of inactivity. It transferred more than 1,400 coins to a new address. A wallet holding a large bitcoin sum transferred its 1,432.93 bitcoins — worth $37.8 million — to a new address after more than 10 years of inactivity. The address initially received bitcoin on April 9, 2013, when the price was only $195.40 per coin, on-chain analyst Lookonchain noted. The price of bitcoin is down more than 3% on Coinbase over the past week. Source: T

Bitcoin whale transfers nearly $40 million after decade of dormancy

One bitcoin whale has woken up after more than 10 years of inactivity.

It transferred more than 1,400 coins to a new address.

A wallet holding a large bitcoin sum transferred its 1,432.93 bitcoins — worth $37.8 million — to a new address after more than 10 years of inactivity.

The address initially received bitcoin on April 9, 2013, when the price was only $195.40 per coin, on-chain analyst Lookonchain noted.

The price of bitcoin is down more than 3% on Coinbase over the past week. Source: T
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin TumbleCryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat. Binance's BNB token led the sell-off in the altcoin market, while BTC remained flat. Crypto markets extend losses as central banks globally signal further rate hikes. Major cryptocurrencies targeted as unregistered securities in U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase dropped sharply to lead an altcoin sell-off Wednesday

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

Binance's BNB token led the sell-off in the altcoin market, while BTC remained flat.

Crypto markets extend losses as central banks globally signal further rate hikes.

Major cryptocurrencies targeted as unregistered securities in U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase dropped sharply to lead an altcoin sell-off Wednesday
USDC Stablecoin Issuer Circle Gets Regulatory Green Light In SingaporeCircle, the company behind the popular #USDC stablecoin, just got an official greenlight to operate in Singapore. After receiving an in-principle approval in November last year, Circle’s Singapore branch has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The Singapore license means Circle can now offer USDC to even more people and businesses in Asia. USDC is one of the most popular and trusted stablecoins. Issued by Circle, each USDC tok

USDC Stablecoin Issuer Circle Gets Regulatory Green Light In Singapore

Circle, the company behind the popular #USDC stablecoin, just got an official greenlight to operate in Singapore. After receiving an in-principle approval in November last year, Circle’s Singapore branch has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The Singapore license means Circle can now offer USDC to even more people and businesses in Asia.

USDC is one of the most popular and trusted stablecoins. Issued by Circle, each USDC tok
Here’s How Bitcoin Could Witness a Full-On Reversal Toward a New All-Time High, According to AnalystA closely followed #crypto strategist is outlining how #bitcoin ( #BTC ) can regain its bullish momentum and rally toward a fresh all-time high. Pseudonymous analyst Credible Crypto tells his 340,600 Twitter followers that Bitcoin bulls have successfully defended a critical support level at $25,000 following Monday’s corrective move. According to Credible Crypto, a move below $25,000 will likely be driven by forced liquidations, which he thinks would be favorable for long-term BTC bulls. “I c

Here’s How Bitcoin Could Witness a Full-On Reversal Toward a New All-Time High, According to Analyst

A closely followed #crypto strategist is outlining how #bitcoin ( #BTC ) can regain its bullish momentum and rally toward a fresh all-time high.

Pseudonymous analyst Credible Crypto tells his 340,600 Twitter followers that Bitcoin bulls have successfully defended a critical support level at $25,000 following Monday’s corrective move.

According to Credible Crypto, a move below $25,000 will likely be driven by forced liquidations, which he thinks would be favorable for long-term BTC bulls.

“I c
Bitcoin and Crypto To Rise Again As Fed Poised To Resume Money Printing: InvestAnswersA popular analyst says that #bitcoin ( #BTC ) and the #crypto markets could receive a boost from the resumption of monetary expansion. In a new video update, the pseudonymous host of InvestAnswers says that global liquidity, or the amount of money circulating in the system, has historically been one of the best indicators for the movements of the crypto markets. The analyst says that with liquidity slightly falling over the past year, the trend is likely to reverse and boost Bitcoin in the pro

Bitcoin and Crypto To Rise Again As Fed Poised To Resume Money Printing: InvestAnswers

A popular analyst says that #bitcoin ( #BTC ) and the #crypto markets could receive a boost from the resumption of monetary expansion.

In a new video update, the pseudonymous host of InvestAnswers says that global liquidity, or the amount of money circulating in the system, has historically been one of the best indicators for the movements of the crypto markets.

The analyst says that with liquidity slightly falling over the past year, the trend is likely to reverse and boost Bitcoin in the pro
$1.5 Trillion Asset Manager Franklin Templeton Bets Big On BitcoinFranklin Templeton, one of the world’s largest asset managers with over $1.5 trillion in assets under management, plans to invest heavily in #bitcoin as well as its underlying technology. This strategy was revealed by Sandy Kaul, the Senior Vice President of Franklin Templeton’s burgeoning #crypto business, during a Sunday interview with Scott Melker, host of the Wolf Of All Streets podcast.  Discussing how Franklin Templeton entered the digital asset space, Kaul explained that the company was

$1.5 Trillion Asset Manager Franklin Templeton Bets Big On Bitcoin

Franklin Templeton, one of the world’s largest asset managers with over $1.5 trillion in assets under management, plans to invest heavily in #bitcoin as well as its underlying technology.

This strategy was revealed by Sandy Kaul, the Senior Vice President of Franklin Templeton’s burgeoning #crypto business, during a Sunday interview with Scott Melker, host of the Wolf Of All Streets podcast. 

Discussing how Franklin Templeton entered the digital asset space, Kaul explained that the company was
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