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Top Crypto Losers Today1. ORDI (ORDI)ORDI, a BRC-20 token, ranked first in the list of top crypto losers today. The ORDI price plunged by 10.76% to $54.53 with a market cap of $1.14 billion. The crypto reached a low of $51.41 in the last 24 hours and rebounded significantly after that. On the contrary, ORDI’s trade volume increased by 85.15% to $465.17 million. This comes after the crypto hit its all-time high of $90.96 earlier this month, suggesting a 40% decline since.2. SATS (1000SATS)SATS, another BRC-20 token, tumbled 9.20% to $0.0004229, reaching a market valuation of $888.33 million. In contrast, the SATS 24-hour trade volume surged 97.41% to $79.94 million. Whilst, the crypto plummeted to an all-time low of $0.0004103 earlier today.The bearish turn wiped away all the returns recorded in December last year when SATS attained an all-time high of $0.0009348. Since then, the BRC-20 token has lost a massive 54% in value from its ATH.3. OKB (OKB)The cryptocurrency by OK Blockchain Foundation, OKB, slipped 9.71% to $47.26, holding a market cap of $2.83 million. The crypto plunged from a high of $51.99 to a low of $37.51 today. Moreover, the OKB price is trading 26% lower than its ATH recorded in November 2023. On the contrary, its trading volume skyrocketed by a whopping 1861.33% to $90.84 million.$ORDI $1000SATS

The crypto market bloodbath has extended with Bitcoin (BTC) and Ethereum (ETH) prices crashing. While the major cryptocurrencies are splashed with significant sell-off pressure, some smaller altcoins have performed exceptionally well. Hence, let’s look at the top crypto gainers and losers today.Top Crypto Gainers Today1. Blur (BLUR)Blur, a crypto in the NFT ecosystem, emerged as the top-ranking digital currency in the gainers list. The Blue crypto price soared 14.27% to $0.6661 at press time on Wednesday, January 24. Whilst, it held a market cap of $837.71 million, up by 14.54%.In addition, the crypto’s trading volume surged 47.87% to $408.14 million. Earlier, Blur marked a notable milestone after attaining a high of $0.6667 today. Moreover, it washed off most of the 1-week losses to a mere 0.43% decline. Furthermore, it witnessed a 28% gain in the last 30 days.2. Sui (SUI)Sui, a popular virtual currency, bagged the second spot in the top crypto gainers list today. The SUI price jumped 14.13% to a high of $1.22 at the time of writing, with a market cap of $1.34 billion. Additionally, its trading volume spiked 86.22% to $798.10 million in the last 24 hours.3. Akash Network (AKT)Akash Network 1-Day Graph, Source: CoinMarketCapAkash Network, a part of the Cosmos ecosystem, grabbed the third spot after soaring to a high of $2.78. The AKT price surged by 12.31% to $2.68 today, with a market capitalization of $607.64 million. However, the 24-hour trade volume dropped by 9.05% to $6.04 million. Whilst, the crypto has lost nearly 6% in a week after being hit by a bearish turn.$BLUR $SUI

You can also read this news on BH NEWS: Emerging Altcoins with Potential: Astar, Myro, Kaspa, Celestia, and UMAThe cryptocurrency market continues to evolve with a series of small-cap altcoins making impressive strides, some of which have potential for 20x to 200x growth. Among these promising altcoins are Astar (ASTR), Myro (MYRO), Kaspa (KAS), Celestia (TIA), and Uma (UMA). While this does not confirm an uptrend for these coins, it can guide investors looking to enter the market on the most promising altcoins for research.Astar Network, a Polkadot parachain, boasts a growing ecosystem and trades at $0.1883, up 5.64% in the last 24 hours. Despite trading 44% below its all-time high (ATH), Astar’s upcoming updates and strategic partnerships could lead to significant adoption and price peaks in the next bull cycle.MYRO, a memecoin on the Solana blockchain, surged an astonishing 10,223% from a low price of $0.001995 to an ATH of $0.2607. Currently the third-largest memecoin by market value, MYRO trades at $0.2076 and could outperform its peers with new use cases on Solana, including the upcoming release of the Android Saga phone.Kaspa, a Proof of Work (PoW) cryptocurrency, has seen a 61,110% rise from its lowest level in June 2022 to the current price of $0.1045. With listings on global exchanges, including Binance, Kaspa’s price is expected to continue its upward trend.Celestia, known for allowing the creation of custom blockchains with minimal expense, has gained traction among investors and brokerages, especially after a recent Binance listing. TIA continues to trend upwards, recording a 50% jump at the beginning of the past week and hitting an ATH of $20.26 on January 15.UMA is an emerging protocol with unusual financing opportunities indicated by Bybit data, making it one to watch. Like other small-cap altcoins, UMA is sensitive to volatility but its proposition as a bridge between the external world and on-chain ecosystems has seen substantial adoption, which could impact its price in the long term.$ASTR

Today’s crypto market prices showed a mix of performances, with leading cryptocurrencies facing selling pressure from investors. However, recent market trends suggest a shift in investor focus toward smaller altcoins, contributing to the overall positive outlook for the crypto segment.Crypto prices have been experiencing extreme volatility today. This comes after the enthusiasm around Bitcoin Exchange-Traded Funds (ETFs) started to diminish. On the other hand, despite recent selling pressure on Bitcoin (BTC), analysts remain optimistic about its potential for a massive long-term growth.Top Crypto Prices TodayBitcoin, the largest crypto by market cap, witnessed its price inching closer to extend below the $40,000 level. The Bitcoin price saw a 2.25% decline, settling at $40,072.99 at press time on Tuesday, January 23. On the contrary, it’s trading volume skyrocketed by 164.52% to $30.67 billion in the last 24 hours. Whilst, the oldest crypto held a market cap of $785.80 billionTurning to other cryptocurrencies, the Ethereum (ETH) price slipped by 3.01% to $2,346.27. However, it registered a whopping 136.58% increase in its trading volume, reaching $13.57 billion. Similarly, Binance Coin (BNB) retreated by 1.48% to $310.61, while its market volume gained 24.91% to $930.18 million.In addition, Solana experienced a 3.54% decline in price, reaching $85.80. In contrast, it witnessed a staggering 137.42% rise in trading volume to $2.62 billion. Meanwhile, XRP noted a 1.51% decrease, settling at $0.5302, with a 13% loss over the past 30 days.$FTT

Palo Alto, USA, January 23rd, 2024, ChainwireInaugural Sui ecosystem event comes to Paris April 10-11, 2024Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract platform the initial contributors of which are the technology team that emerged from Diem, Meta’s blockchain project. A premier event for the broader web3 ecosystem, Sui Basecamp will take place in Paris on Wednesday, April 10th and Thursday, April 11th 2024, and will feature builders and partners from all over the world as the web3 community descends on the city of lights for Paris Blockchain Week.Both days will feature well-known speakers inside and outside Sui, to be announced in the upcoming weeks, and subjects of conversation will range widely from macro commentary on the industry as a whole, economics, cryptography, regulation, and the Move programming language. Attendees can expect insightful keynote speakers, interactive workshops, networking opportunities, and immersive activations designed to engage and entertain as they connect with like-minded individuals shaping the future of decentralized technologies like DeFi, NFTs, and more.Evan Cheng, Co-Founder and Chief Executive Officer of Mysten Labs, original contributor to Sui said: “Almost a year after our Mainnet launch, Basecamp will be a celebration of all the ways Sui’s ecosystem and partners have grown and prospered. We look forward to seeing partners, builders, enthusiasts, developers, and industry leaders in Paris for the first global Sui conference to celebrate achievements to date and to be inspired by the future possibilities.”Early bird tickets, at the discounted prices of $99 USD, are available today through March 1. Ticket prices remain discounted, at $149 USD, from March 2 through 31, then increase to the full price of $299 from April 1 until the event. $SUI

Bitcoin dropped under $40,000 amid GBTC sell-offs from bankrupt crypto exchange FTX and BTC deposits on Coinbase by spot BTC ETF issuer Grayscale.Bitcoin (BTC) slid down nearly 9% on Jan. 22, exchanging hands around $39,700 on venues like Binance and Coinbase. The largest cryptocurrency likely saw depreciating prices due to outflows from Grayscale’s spot Bitcoin ETF, a fund built on the firm’s long-standing GBTC product. GBTC is the largest spot BTC ETF in the U.S. marketing with over $20 billion in assets under management. The fund has seen daily outflows of up to $500 million since the Securities and Exchange Commission (SEC) permitted exchange-traded funds that track spot Bitcoin prices, resulting in over $2.8 billion leaving GBTC.Since actual Bitcoins underpin these ETFs, Grayscale has also sent BTC to exchanges for liquidation and redemption. Grayscale has deposited 52,227 BTC worth an estimated $2.2 billion into Coinbase Prime accounts from its custodial wallets, per crypto.news. The firm’s GBTC Bitcoin is also held with Coinbase.A major entity exiting GBTC, as revealed on Jan. 22, is the defunct crypto exchange FTX. Under bankruptcy administrator and CEO John J. Ray III, FTX’s estate has sold millions of GBTC shares for $1 billion. In addition, FTX-affiliated crypto hedge fund Alameda Research voluntarily dropped its lawsuit against Grayscale and its parent company, Digital Currency Group, that alleged internal malpractice from the pair — the lawsuit aimed to unseal $9 billion on behalf of FTX debtors.Elsewhere, the SEC acknowledged Nasdaq’s request for spot BTC ETF options. These types of derivatives allow traders to either speculate on an asset’s volatility or hedge against it in a move that may pull more capital into Bitcoin ETFs.$BTC $BTC

While Americans have seen the adoption of Bitcoin (BTC) spot and futures ETFs, the situation in Europe is different.Bitcoin ETFs have been a hot topic for many months, as the approval of ETFs based on actual Bitcoin in the U.S. could potentially lead to an influx of funds from Wall Street institutions, possibly pushing the price of Bitcoin to new heights.How do Bitcoin ETFs work?Like traditional ETFs, Bitcoin ETFs are issued by financial institutions that invest in Bitcoin and manage the fund on behalf of investors. A Bitcoin ETF can be structured in various ways. For example, it may hold Bitcoin futures or “physical” Bitcoin as the underlying asset, managed by the ETF issuer on behalf of the investor.In the case of funds with a Bitcoin base, the issuing institution buys BTC and holds it. Subsequently, it issues shares of the fund on a securities exchange, tracking the asset’s price. Investors directly own a portion of the underlying Bitcoin, and as the cost of BTC fluctuates, the value of the ETF changes accordingly.One notable advantage of Bitcoin ETFs is their trading on regulated securities exchanges, providing accessibility to various investors and eliminating the need for technical knowledge in securely storing crypto assets.As a result, investors new to cryptocurrencies can gain exposure to Bitcoin without requiring a crypto wallet or engaging in trading on a cryptocurrency exchange platform.Bitcoin ETP: not to be confused with ETFIn addition to ETFs, exchange-traded products (ETPs) exist in the regulated investment markets. ETP stands for exchange-traded product, representing an investment product available on a stock exchange.As the value and opportunity of the digital asset market grows, more cryptocurrency ETPs are coming into circulation, including ETPs for Bitcoin, Ethereum (ETH), and Litecoin (LTC).What is known about ETP in EuropeSpot Bitcoin ETPs have existed in Europe for a long time, providing investors with access to digital tokens. Europe is much more progressive in terms of cryptocurrency products.In May 2015, Swedish vendor XBT AB announced the authorization of Bitcoin Tracker One (a CoinShares product). It was the very first BTC-based security available on a regulated exchange. In October 2015, the company launched the euro-denominated Bitcoin Tracker EUR security system, available through Nasdaq Nordic.$BTC