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Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will release its consumer confidence report later today, with the Federal Reserve holding its policy meeting on Wednesday. Ethereum also moved lower today. Bitcoin Bitcoin (BTC) retreated from a recent five-month high on Tuesday, with prices falling below the $23,000 mark in today’s session. BTC/USD fell to a low of $22,657.58 earlier in the day, less than 24 hours after hitting a high at $23,296.53. The move comes as traders appear to have secured gains from recent surges in price, and ahead of the upcoming Federal Reserve policy decision. BTC/USD – Daily Chart As can be seen from the chart, today’s drop saw BTC move closer to a price floor at $22,500, with the relative strength index (RSI) hitting a floor of its own. Currently, the index is

The Fight Out presale continues to see investment secured at a rapid pace with more than $3.6 million raised for the new move-to-earn project. Almost $150,000 of FGHT was bought over the weekend with crypto buyers excited by how the M2E project is set to disrupt the fitness space and also its plans to build real gyms. Investors are also buying sooner rather than later to take advantage of the lowest prices and up to 50% extra in bonus tokens. The price of FGHT rises every 12 hours to a maximum of $0.0333 on March 31, 2023, when the presale ends. That means those who invest at the time of writing will hold an asset that has appreciated by more than 80% before its IEO. Investors earn bonus tokens depending on the size of their purchase and the length of time they choose to vest their tokens. For example, at the time of writing, an investor who purchases $499 of FGHT and chooses the minimum vesting period of three months will return 27,149 tokens. One who purchases $50

Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan Kazakhstan’s Senate has adopted a bill designed to regulate cryptocurrencies and related activities in the Central Asian nation. Along with additional legal documents, the new law “On Digital Assets in the Republic of Kazakhstan” creates conditions for establishing a crypto ecosystem in the country, local media reported. Members of the upper house of parliament considered the comprehensive package earlier in January and decided to propose certain amendments to the Mazhilis, which had already approved its version of the legislation. However, President Kassym-Jomart Tokayev dissolved the lower house on Jan. 19 and called early el

Image from autograph.io/tom-brady Are you a fan of Tom Brady and looking to add one of his rare NFTs to your collection? Look no further! Read on to discover a comprehensive guide on how to buy a Tom Brady NFT, including information on who Tom Brady is, what the Tom Brady NFT collection consists of, how much you can expect to pay, and more. Who is Tom Brady? Tom Brady is a professional American football player who is widely regarded as one of the greatest quarterbacks in the history of the sport. He has played for the New England Patriots of the National Football League (NFL) for much of his career and has led the team to numerous division, conference, and Super Bowl titles.  Brady has also been named the Super Bowl Most Valuable Player (MVP) five times, and has been selected to the Pro Bowl, the all-star game for the NFL, 14 times. He has also set many NFL records, including the most passing yards, touchdowns, and completions in a career. While he has achieved a gr

Top10 News 1. Aptos’ weekly summary a. APT rose to $15.81, a record high, an increase of 22% in 24h link As of Jan. 25, 20:35, APT rose to $15.81, a record high, an increase of 22% in 24h and 340% in the past 30d. According to Coinglass, the annualized funding rate of APT U-based contracts has reached a relatively high negative rate: Binance -215% Bybit -250% OKX -106%. b. Aptos TVL exceeded US$58 million, a new high link As of Jan. 26, 10:31, Aptos TVL exceeded US$58 million, a new high, and PancakeSwap accounted for 58%. The two major staking agreements, Tortuga and Ditto, have seen TVL growth of more than 35% in the past 1 day, and both provide APT staking income of about 7% APY. 2. UAE’s weekly summary a. Thani Al-Zeyoudi: Crypto will play a major role for UAE trade going forward link Thani Al-Zeyoudi, the UAE’s minister of state for foreign trade, told Bloomberg that Crypto will play a major role for UAE trade going forward and build together the right governance and legal sy

January has been a kind month to the crypto market, with Bitcoin and Ethereum seeing substantial gains while many altcoins continue to bounce hard from 2022 lows. Bitcoin recently rose to a January peak of $23,501 before rebounding slightly to its present value at $23,180 as of writing. This represents an increase of 0.53% on the day and more than 9.55% over the past week. Ethereum has also seen gains, currently trading at $1,614, up 3.5% for the day and 6.5% for the week. The industry's two largest cryptocurrencies by market capitalization have also seen a cumulative trading volume of more than $56 billion in the past 24 hours, surpassing the $53 billion posted by stablecoin Tether. Many in the market are wondering if this is the start of a larger bull run or if another correction is on the horizon. The overall crypto market capitalization is currently holding steady above $1 trillion after reclaiming the level on January 20. However, it's still ways away f

Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over 20,000 BTC for Bitzlato Since 2018 The global leader in the crypto trading sector, Binance, has allegedly transferred cryptocurrency worth almost $346 million for the Hong Kong-based Bitzlato, Reuters reported quoting data from Chainalysis. Bitzlato was a little known exchange until it was recently targeted in what U.S. authorities described as a “significant blow to the crypto crime ecosystem.” Last week, the Justice Department announced that Bitzlato’s co-founder and majority shareholder, Russian citizen Anatoly Legkodymov who lives in China, was arrested in Miami and charged with operating an unlicense

Join Our Telegram channel to stay up to date on breaking news coverage Even as the market begins to retrace, QNT is showing strong price movements as it defies the trend and continues to rise. Although the asset’s price movement has been impressive, investors should keep in mind that several other coins can deliver gains. QNT Defies Market Trend Although coin prices took a significant step forward over the past week, the market appears to have cooled in the last 24 hours. The broader market has shed 2.77% of its value, with the crypto market cap now fighting to maintain its place above the trillion-dollar mark. Nevertheless, the Quant protocol’s QNT token has managed to buck the trend. Trading at $155.20, QNT is up by 6.24% in the past 24 hours. The digital asset has been a solid performer, with a 45% surge in the past month. And as crypto prices continue to impress investors, QNT is one of the major names to keep in mind. QNT’s price gain has done relatively well for its t

Founded in 1998, Google is an American, multinational technology company that focuses on several areas, including search engines, cloud computing, and more. Allegations against Google have surfaced every now and then, and it has been under scrutiny from US and EU regulators. Read more: Silver Golub & Teitell LLP Files Class Action Lawsuit Against Digital Currency Group and Barry Silbert Antitr US t laws in the US are in place to regulate the conduct of b US iness operations to prevent anticompetitive behavior. According to the details in the latest court document, the US J US tice Department filed a lawsuit against Google on Tuesday. The lawsuit is based on grounds of allegations that the tech giant ab US ed its dominance in the digital advertising b US iness. J US T IN: 🇺🇸 US government files antitr US t lawsuit against Google $GOOGL. — Watcher.Guru (@WatcherGuru) January 24, 2023 The lawsuit is the second antitrust complaint against Google “Google ha

Join Our Telegram channel to stay up to date on breaking news coverage eCash price is trading in the red after recording 10% gains between Sunday and Monday. The gains for XEC were as high as 16% on Monday alone when the altcoin, formerly known as Bitcoin Cash ABC (BCHA), climbed to a high of $0.0000351.  At the time of writing, the eCash price was trading at $0.000032, up only 0.08% on the day. XEC’s trading volume is up 17% in the last 24 hours to $52,038,198 with a live market cap of $630,906,138, placing it at #70 on CoinMarketCap ranking.  eCash Price Needs To Hold Above The $0.000027 – $0.000030 Demand Zone After coiling up above the $0.000021 support line, eCash (XEC) embarked on recovery on January 4, rising 50% to the current levels, leading to the creation of an ascending parallel channel on the daily chart.  This uptick saw the XEC price rise above key levels, flipping them into support. These include the $0.000024 major support level, the 50-day simple moving av

A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure. Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies.  The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the U.S., and has since recovered strongly to surpass its previous peak above 270 EH/s. It was particularly encouraging to see that the hashrate holding well above summer 2022 lows, despite the aftermath of FTX collapse. Bitcoin 7-day average hash rate. Source: Glassnode However, despite the recent robustness in a variety of metrics, the Mining industry faces many challenges, which will likely restrict its growth moving forward. The hurdles include low profitability, a threat from new-age efficient machines and the upcoming Bitcoin halving which will slash block rewards by half. BTC mining