🔹#ETHdevelopers plan to launch a “pump the gas” feature to increase the Ethereum gas limit from 30 million to 40 million, which, according to them, will reduce transaction fees on L1 networks by 15-33%
$CKB Nervos Network surges 56% on launch of RGB++ client for Bitcoin
The Nervos network's CKB token quickly surged over 55% shortly after the developers released RGB++, an advanced protocol base designed to work with Bitcoin. According to data from CoinMarketCap, CKB Nervos Network experienced notable growth of over 55% following the release of RGB++, an extension protocol designed to improve compatibility with Bitcoin. CKB's trading volume increased more than 1,800% to $116.4 million in the last 24 hours, the data shows.
💰#BTCupdated its local annual maximum, reaching $50,400. Most altcoins are far from their highs, but many are waiting for the altseason. The crypto market fear and greed index reached 79 points for the first time since November 2021.
Inflation in the USA is 3.1%.
📅Important events 02.13.24📆
❗️🔸 The criminal sentencing of the founder of the Binance CZ exchange on charges of money laundering was postponed until April 30
🔹 Franklin Templeton has applied for a spot ETH-ETF
🇪🇹 Ethiopia could become a new major mining center
📍 Wintermute and The Block launched GMCI, a digital asset index provider
🔝 In the ranking of top assets by market capitalization, Bitcoin is ahead of Warren Buffett's Berkshire Hathaway holding company
💰🔹 Peter Thiel's Founders Fund invested $100 million in#BTCand $100 million in #ETH, according to inside sources
🔹 Gas commission from the #Ethereum network reached an 8-month high amid interest in the new ERC-404 token standard
🔸📈 Banxa, a payment partner of exchanges such as Binance and OKX, was included in the UK cryptocurrency register
💰 Ledger entered into a partnership with the Coinbase exchange
🪙🇺🇸 Ripple plans to buy Standard Custody & Trust C for global expansion in the USA
💰 #BTC grows to 43 thousand dollars. Altcoins look worse, most are in a downward trend. On January 31, the Fed will announce its interest rate decision.
📅Important events 01.29.24📆
🚀 Starting today, Google allows advertising of cryptocurrencies in its advertising
💵 Bloomberg ETF analyst James Seyffart believes there's about a 60% chance of spot ETH-ETF approval in May, but the SEC has plenty of ways to delay decisions
💵 FTX is selling crypto assets and accumulating cash, the volume of which on the exchange’s balance sheet almost doubled by the end of 2023 - to $4.4 billion from $2.3 billion at the end of October
💵🇭🇰 One of China's largest funds, Harvest Hong Kong, has applied for a spot BTC-ETF in Hong Kong
🖼⛵️ In January, NFT trading volume on#OpenSeadecreased by 26% compared to December. On the contrary, volume on#Blurincreased by 21%
❌ A Hong Kong court ordered the liquidation of a large Chinese developer Evergrande
🪙 #Solana intends to redouble its efforts to attract developers and startups to its ecosystem
🤖 CFTC warns against fraudulent schemes using AI algorithms
💸 JUP airdrop will be held in January every year
💰🔼 Justin Sun became the second largest holder of the BYTE meme token
💵 BlackRock continues to buy Bitcoin for its spot BTC-ETF
▫️#SUI - 92.56 million $ ▫️#DYDX - 90.76 million $ ▫️#MC - $14.69 million ▫️#AI - $13.6 million ▫️#NYM- $13.47 million ▫️#ORBI- $10.28 million ▫️#BICO - $10.11 million
💰#BTChas steadily gained a foothold in the region of 40 thousand dollars. Altcoins are correlated. If the cue ball grows, alctoins may start to shoot, but a plan to reduce the first cryptocurrency to the area of 37 thousand dollars cannot be ruled out.
📅Important events 01.25.24📆
❗️ A new Trojan steals cryptocurrency on macOS devices. The Trojan is distributed as part of pirated activator disk images. During activation, the user is prompted to copy the application data to the Applications folder, and after pressing the PATCH button, enter the system password.
📈$NEAR set ATH by the number of daily active addresses (1.87 million)!
🟣 #Polygon ($MATIC) introduced a new blockchain scaling paradigm - Aggregation
🇬🇧The Central Bank of England is today opening public consultations on the launch of a digital pound, which in turn could lead to increased interest in cryptocurrencies from “big money”
🇺🇸🇦🇪 CNBC: A judge has REJECTED the Binance founder's request to be released for "hospitalization and surgery for an important person in his life."
🇺🇸 Tesla $TSLA reports that none of their $435,000,000 worth of#BTCwere traded in Q4 2023.
🔸Binance will stop all transactions with rubles after January 31
💵 Wallets with balances of 100 - 1000 BTC have sold about 70,000 BTC in the last 2 weeks
💵 BlackRock continues to buy $BTC for its spot BTC-ETF - bought another 6,495 BTC in a day, increasing the number of BTC on its balance to 39,925 BTC
#MANTA came in third place after #ARB and #OP in terms of value locked (TVL) among L2 scaling solutions. If you look at the previous growth of leaders, $MANTA has every chance to grow several times.
💎 Cryptocurrencies #BTC has a week of uncertainty, the rate of the first cryptocurrency is $41,550. The next one may turn out to be either green, with a move to local maxima, or red, with an update of the loys. Alctoins are correlated with the cue ball, but due to falling dominance they are holding up well.
1️⃣ Just on Friday, spot $BTC ETFs closed the day with a green candle, for the first time since the start of trading. While BlackRock and Fifedity are accumulating the first cryptocurrency, Grayscale is faced with a large number of people wanting to exit GBTC (minus $2 billion). Grayscale was identified as the main culprit behind the BTC sell-off, and this process might not have ended yet, it’s just that the stock market was closed over the weekend ❌
2️⃣ After Bitcoin halving, the average mining cost will be $37,856, this is another reason to keep the price above $40k. Meanwhile, miners are actively dumping the first cryptocurrency in order to accumulate liquidity before halving ⛏
3️⃣ Stablecoin TUSD with a capitalization of $1.9 billion has become untied from the dollar and has not been able to recover for more than a week. The piquancy of the situation is added by the fact that it was this stablecoin that Binance was going to bet on after stopping work with BUSD 😳
🪙 Finance
1️⃣ The US Congress voted for temporary funding: the shutdown was pushed back to March. Democrats and Republicans can't agree on the 2024 budget, but neither party wants the government and government agencies to shut down. The story with temporary funding may continue until the presidential elections, because everyone is trying to score political points 🗽
2️⃣ The Central Bank of China left the medium-term rate unchanged, and leading Chinese broker Citic Securities banned short selling. China is true to itself: they do not want to use economic stimulus measures at full force, and they are fighting the fall of markets with restrictions 😇
3️⃣ The Shell oil company has stopped all supplies through the Red Sea and it is far from the only one who made such a decision. The movement of merchant ships along the Suez Canal is under threat of a complete stop.
💰 #BTC goes sideways for 42-43 thousand dollars. Altcoins are standing still, now everything depends on the first cryptocurrency. When approaching local maxima, we can expect an altseason.