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January was a fairly good month for the cryptocurrency market. Several assets started their recovery journey, and some even did much better than others. Meme coins like Dogecoin [DOGE] and Shiba Inu [SHIB] bagged double-digit gains. BabyDoge Coin, on the other hand, was among the month’s best performers. According to CoinGecko, BabyDoge rose by a whopping 66.4% over the last thirty days. The asset went from trading for a low of $0.000000000933 all the way to a high of $0.000000001551. At press time, the meme crypto currency was trading for $0.000000001524 with a 3.2% daily increase. Source Despite BabyDoge ’s latest upswing, the asset remains 76% below its all-time high of $0.000000006345. The coin’s price surge was further linked to the array of developments in the BabyDoge network. Burn BabyDoge Burn! Burning tokens, or sending them to dead wallets, has become an integral part of several networks. The BabyDoge network has been relentlessly carrying out burns. T

FTX ’s demise caused massive disruption and a severe impact on the entire market. Justice was partially served after Sam Bankman-Fried was arrested. Yet, he was granted a whopping $250 million bail and is currently under house arrest. While his parents were part of this bond, the other two guarantors remained under wraps. However, that might change soon going forward. According to sources, US District Judge Lewis Kaplan ordered that details pertaining to these individuals can be made public. JUST IN: 🇺🇸 Judge rules the identities of the two people who helped secure SBF's $250 million bail can be made public. — Watcher.Guru (@WatcherGuru) January 30, 2023 The identities of these individuals were concealed after SBF ’s parents were subject to threats. That wasn’t all. The possibility of the two being dragged to “media scrutiny” and “harassment” despite having no connection to the FTX case was highlighted. However, Judge Kaplan said, “The information at issue is ent

Binance says it has already unblocked 90% of crypto accounts that were suspended due to the Bitzlato investigation. Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users. On Jan. 18, a group of Russian-speaking Binance clients complained about blocked account s and not being able to withdraw their funds from the exchange. The affected users created a Telegram group chat to report about the issues, stating that the account s were blocked without a warning. The members of the group — now counting more than 1,000 members — promptly drew parallels between the blockages and enforcement action against the crypto firm Bitzlato by the United States Department of Justice. The U.S. Financial Crimes Enforcement Network also listed Binance among the top Bitcoin (BTC) counterparties of Bitzlato. Many chat members have openly admitted that they used Bitzlato, including incoming and outg

Bitcoin and Ethereum have been two of the most popular digital assets in the world, with their prices having seen a huge surge since their inception. As more and more people become interested in cryptocurrencies, it is important to understand what factors could propel Bitcoin and Ethereum to new heights.  This article will discuss the various factors that could affect the prices of these two popular digital currencies, including fundamental and technical Analysis .  In the past 24 hours, the crypto market cap has increased by 1.45% to a staggering $1.71 trillion while trading volume has gone down by 7.81%, amounting to $79.382 billion. DeFi's market share in the 24-hour cryptocurrency trading volume was around 0.01% with a total of $9.84 billion. However, stablecoins represented 99.99% at $79.82 billion and Bitcoin had a 41.65% market dominance at the time of writing, trading at $37,527.19 today. The Factors That Could Propel BTC and ETH To New Heights In the up

Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months. Polygon (MATIC) Polygon (MATIC) was a big gainer on Friday, as prices rose to their highest point in 11 weeks. Following a low of $1.07 on Thursday, MATIC/USD raced to an intraday peak of $1.15 earlier today. As a result of this, polygon moved to its strongest point since November 11, which is the last time prices were trading at this point of resistance. MATIC/USD – Daily Chart Looking at the chart, the surge took place when the 14-day relative strength index (RSI) broke out of a ceiling at 69.00. As of writing, the index is tracking at 72.14, and appears to be en route to a ceiling at the 77.00 mark. Should this occur, there is a strong possibility that MATIC will be trading above the $

Join Our Telegram channel to stay up to date on breaking news coverage Investors in 2023 are looking more towards crypto with utilities. Seeing beyond the tradability of an asset, investors now want to invest in cryptocurrencies that back technologies with long-term gains. Whales are the first ones to notice – and they have already started to stock up on these altcoins. What Is The Hype With Altcoins? You may have come across instances where people became millionaires by investing in Bitcoin and wished it happened with you too. Well, that’s history. It’s almost impossible for people today to make exponential gains with Bitcoin, given its large market cap and high entry price. And this is where alt coins make an entrance.   Alt coins enable investors to make outsized returns, thanks to their low market cap and minimal entry price. Whales, in particular, are quite fond of such projects as they enable them to acquire a significant chunk of a project for relatively less capital

Source: AdobeStock / Tada Images United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction.  In a Thursday press release, the DNB detailed that digital asset service providers wishing to operate in the Netherlands are required to register with the central bank under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act ( Wwft).   The DNB said that Coinbase failed to comply with this law during the period between 15 November 2020 and at least 24 August 2022, adding that it has imposed an administrative fine of €3,325,000, or around $3.6 million, on the exchange.   Coinbase's non-compliance is punishable by a category 3 fine, which can range from a minimum amount of €0 and a maximum amount of €4 million. The central bank said it took into account factors like Coinbase being one of the largest crypto s

Shiba Inu investors have only one goal, and the goal is to make the token reach the $0.01 milestone. The “1 cent dream” is alive and kicking, and the majority of holders believe that SHIB will someday bring them good fortunes. Investors don’t mind holding Shiba Inu for decades to achieve the desired financial results when it hits the 1 cent mark. The majority of holders who purchased $1,000 worth of SHIB before January 2023 would all be millionaires when it reaches $0.01. The million-dollar question now is — ‘When will Shiba Inu reach $0.01?’ — and how long will this take? Also Read: Exclusive: ‘Here’s What I’ll Do When Shiba Inu Reaches $0.01′ When Will Shiba Inu Reach $0.01? Let’s Do the Math The main problem holding Shiba Inu back from reaching $0.01 is the massive circulating supply of 549 trillion SHIB tokens. Reaching the 1 cent mark is a herculean task, as it needs to have a market valuation of $6.5 trillion. The numbers seem to be impossible to achieve, as that is

Join Our Telegram channel to stay up to date on breaking news coverage Threshold pumped massively. In this article, we will discuss the T token price prediction and also look an alternative project with a lot more potential. There has been a lot of optimism this week in the crypto market. We will analyze whether Threshold Network is a good long-term investment given that it lately demonstrated strong potential. The full Threshold Network token price prediction in the video above, follow his YouTube channel for more crypto price predictions and reviews of potential crypto to buy now.  Threshold Network Overview The Threshold Network supplies and maintains a collection of cryptographic primitives for multiple decentralized applications. The network is the result of the Keep Network and NuCypher protocol unification, which was completed on January 1, 2022 with the release of the T token. Threshold Network is a connection between public and private blockchains. Threshold Networ

There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back to the core tenets of crypto, such as decentralization, self-custody, transparency, and censorship resistance. People are naturally turning to DeFi (decentralized finance). Unfortunately, much of DeFi is not yet ready to act as a suitable substitute. In this article, I will talk about two of the most important challenges: how to make DeFi more accessible to new users and how to improve its performance when compared to centralized services. The Onboarding Problem and Its Solution The problem with getting new users to adopt DeFi is partly due to user experience (UX). Bitcoin.com’s Head of Product Experience Alex Knight did an excellent job outlining the problems and solutions of the UX chal

Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away. Bitcoin (BTC) starts the last week of January in fine form after sealing its highest weekly close in five months.  Despite opposition, the largest cryptocurrency is holding on to its newfound strength and continues to surprise market participants. This is no mean feat — market sentiment has plenty to spook it and initiate a rethink among investors. Macro conditions remain uncertain, while within Bitcoin, research has highlighted whales on exchanges potentially moving prices artificially with huge amounts of liquidity. Nonetheless, Bitcoin has seen its most impressive gains percentage-wise in over a year, and hopes remain that the good times will endure. What could that depend on? Cointelegraph takes a look at some of the major factors to keep in mind as a January unlike any other draws to a close. Bitcoin analysts bank on "continuation" to come It is