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The crypto market witnessed a day of mixed fortunes as the global market cap climbed back to $1.7 trillion, signaling a stabilization after a 3% drop yesterday.  Notably, Bitcoin surged to $43,600, marking its highest point since last week, despite a mere 6% increase in trading volume over the past 24 hours. In contrast, Solana (SOL) experienced a notable decline, shedding nearly 5% of its value today.  The market also saw significant volatility in XRP, which plummeted to $0.49, its lowest in a month. This drop was primarily attributed to speculations around a $113 million breach affecting Ripple. However, XRP rebounded following confirmation from Ripple Co-Founder Chris Larsen that the breach was limited to his personal XRP wallets. You might also like: FTX aims for full customer repayment; halts revival efforts The meme coin market faced a significant downturn, with the market cap falling by 2%. Solana-based meme coins such as BONK and dogwifhat (WIF) experienced over

The Gorilla price soared 141% in the last 24 hours to trade for $0.005085 as of 5:00 a.m. EST time on trading volume that skyrocketed 1,773%. The pumped fired GORILLA onto Gate.io exchange’s list of top five daily gainers. 🔥 https://t.co/8kWqgEeplL Top5 Daily Gainers – January 31 ⭐️ Top Gainers ⭐️ 1️⃣ #WEN +6296.88% 2️⃣ #DMAIL +533.7% 3️⃣ #LUS +185.23% 4️⃣ #ABT +57.94% 5️⃣ #GORILLA +45.65% Trade Here: https://t.co/Gs1d4s4Re4 #Gateio #Topgainers #CryptoGems pic.twitter.com/ROmNpMVi8r — Gate.io (@gate_io) January 31, 2024 The surge comes on the back of hype around the Gorilla launchpad, marking the unveiling of the network’s flagship utility, the “GORILLA PAD.” 🦍🍌LAUNCHPAD UPDATE 🦍🍌 Dear GORILLAS, the moment we've all been eagerly anticipating is finally here—the unveiling of our flagship utility, the "GORILLA PAD," poised to be the next "Pinksale." Over the past 30 days, our dedicated developers have tirelessly fine-tuned,… pic.twitter.com/hUKN

XRP (XRP) whale transactions have seen a remarkable increase recently, spiking by a massive 198% over the past 24 hours, as the cryptocurrency witnessed massive selloffs that have plummeted its price to the $0.51 support level. Data from Santiment validates this observation, indicating a surge in XRP whale engagement. Notably, whale transactions valued at least $100,000 exhibited a significant downturn on Jan. 27 and 28, falling below both the 400 threshold and the monthly average. XRP price, social volume and whale activity – Jan. 31 | Source: Santiment However, these transactions saw a mild uptick on Jan. 29, as XRP capitalized on the latest Bitcoin (BTC) resurgence to the ground for a potential trend reversal. The asset eventually retested $0.54 for the first time in a week. Amid this upswing, transactions worth at least $100,000 rose to 613 on Jan. 29. However, XRP encountered formidable resistance at the $0.54 psychological territory, resulting in a substantial decline in

Most cryptocurrencies have recently experienced a short squeeze following a bullish sentiment shift in the cryptocurrency market. Previously, Finbold correctly identified and reported some of these opportunities with projects like Bitcoin (BTC) and Curve (CRV). A short squeeze happens when bearish crypto currency traders dominate the market, opening short positions and creating upwards high liquidity. The price soars as these positions are liquidated, triggering more liquidations in an upward cascade. Notably, not many digital assets are left with potential liquidity to go through a short squeeze this week. In this context, we identified Filecoin (FIL) as the most relevant laggard with meaningful liquidations to the upside. Moreover, Dogecoin (DOGE) features as the most likely short-squeezable cryptocurrency in a higher time frame. However, it is important to understand that the higher the time frame, the easier this scenario can change over time. Short squeeze alert for Filecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Leading meme coins are rallying . Dogecoin (DOGE) is up 3.68% while Shiba Inu (SHIB) added 3.52%. Meanwhile, the upcoming meme coin, Sponge, is up 50% in the last month. DOGE and SHIB rallying Several positive developments in the crypto market have contributed to its recovery from last week’s sell-off. These moves, primarily related to Bitcoin, are expected to drive broader market bullish sentiment and support altcoin growth. You might also like: Maker generates $14m in revenue, Ethereum’s earnings surge The launch of Bitcoin spot ETF advertisements by BlackRock and VanEck on Google, a first in three years, signaled a shift in investor sentiment. JUST IN: BlackRock & VanEck #Bitcoin ETFs go LIVE on Google. pic.twitter.com/oLqkLrcsT3 — Radar (@RadarHits) January 29, 2024 Additionally, reports suggest that $8.5 tr

Hedge fund manager Scaramucci predicts Bitcoin could reach $170,000 post-halving. BlackRock’s CEO initially dismissed Bitcoin as a “stupid asset” that “sucks,” reveals Scaramucci. Scaramucci’s calculation multiplies Bitcoin’s price at the time of halving by four 18 months later. In a recent interview, Anthony Scaramucci, founder of SkyBridge Capital, made a bold prediction regarding Bitcoin’s price post-halving, suggesting it could soar to $170,000. Scaramucci’s assertion is based on a data-driven Analysis of Bitcoin’s historical price patterns following halving cycles. He emphasized a simple yet compelling Analysis : “Go back and look at Bitcoin halving cycles the day that the Bitcoin halves, multiply it by four 18 months later, and it’s been uncanny that that’s been the price of Bitcoin.” “I’m using a $35,000 number at the halving, and that’s conservative… Let’s say we’re at $50,000 in April, then it’s a $200,000 handle. Let’s say we’re at

OKX has expanded its digital asset offerings by integrating various inscription token standards, including Dogecoin Ordinals, into its wallet and marketplace. The integration process begins with the Bitcoin token standard, SRC-20 (Stamps), allowing users to view and transfer different inscription standards. OKX Wallet plans to incorporate ARC-20 (Atomicals), DRC-20 (Doginals), and Runes by late February. Concurrently, the OKX Marketplace will integrate these standards , enabling the purchase and sale of DRC-20, ARC-20, and Runes inscription s without fees. We're the first-to- market with four new inscription token standards across #Web3 Wallet and Marketplace: ️ Atomicals ️ Stamps ️ Runes ️ Doginals Details here: https://t.co/c0LAuwKrhP pic.twitter.com/wkKpHUShe8 — OKX (@okx) January 29, 2024 The development is part of a broader trend where new token standards on various blockchain platforms are named distinctively, such as PRC-20 on Polygon PoS, Ethscriptions on Ethereu

Rebel Satoshi is in its last presale stage, a few weeks before it goes live. Dogecoin witnessed a 9% price boost spurred by a bogus X/Twitter story. Celestia hit an all-time high amid potential airdrops and investors benefitting from attractive staking rates. Recent episodes in the crypto market have resulted in interesting developments in Dogecoin (DOGE) and Celestia (TIA). On the one hand, Doge was the subject of a fake X/Twitter post. Meanwhile, the newly launch ed Celestia keeps making high after high. Rebel Satoshi ($RBLZ) is another project on a similar trajectory. This revolutionary meme coin is about to be launch ed, with experts anticipating virality! Rebel Satoshi is a few weeks away from launching Rebel Satoshi is a rebellious meme coin with aspirations to conquer the modern monetary status quo and inject more decentralized finance. The project is motivated by Satoshi Nakamoto and Guy Fawkes, using their defiant spirits to fight against centrali

Newly released crypto assets can offer buyers a higher return on investment (ROI). Today, we reviewed various new coins on the market. Restake Finance went up 8.1% in the last day, putting its price back over $1.78. This is similar to what’s happening with other new releases, as many are also going up. New Cryptocurrency Releases, Listings, and Presales Today At the same time, Meme Kombat, a presale play-to-earn (P2E) token, is also doing well, giving early investors one more opportunity to join before it launches on Uniswap. This article discusses the recent events surrounding the upswing in prices of these newly listed tokens . 1. Restake Finance (RSTK) Restake Finance (RSTK) introduces a novel approach to yield optimization through rehypothecation, leveraging the Ethereum ecosystem and EigenLayer’s capabilities. The token’s mission centers on allowing users to earn Ethereum staking rewards. In addition, it offers EigenLayer native rewards without the need to lock assets or man

Bitcoin Maxi Max Keiser predicts Bitcoin will hit $50,000 as GBTC selling pressure slows down.  Keiser claims Wall Street players restricted BTC’s move to $50K by blocking ETF purchases.  Active Bitcoin wallet addresses crossed the one million mark. Renowned Bitcoin maximalist Max Keiser has stoked optimism amongst crypto community members following a prediction that Bitcoin’s price is set to hit $50,000 as market sentiment switches.   In the tweet posted on social media platform X (formerly X), Keiser explained that the selling pressure on the Grayscale Bitcoin fund has eased. This sentiment switch follows days of continuous sell-offs as investors exited the fund for cheaper and newly launched exchange-traded funds (ETFs). In addition to the GBTC sell-off, Keiser also blamed Wall Street traders for the disappointing BTC price performance. As noted in the tweet, Keiser claims some Wall Street players were blocking BTC ETF purchases.  With the se

In what is a rather surprising development for the meme coin, Shiba Inu (SHIB) has seen its large transactions increase by 300% to reach a total of $178 million over the last 24 hours. Indeed, the mystery large where revealed by IntoTheBlock. Specifically, 20.2 Trillion SHIB were transferred, preceding the massive increase. Ultimately, the surge in large transactions skyrocketed to the aforementioned $178.38 million. Moreover, that figure is the highest that the Shiba Inu ecosystem has observed over the last eight months. Now, the most important question regards what that could mean for the asset’s price. Also Read: Shiba Inu: When Will SHIB The Metaverse Release? Shiba Inu (SHIB) Whales Lead 300% Price Surve There is little argument to be made about the popularity of one of the most prominent meme coins on the market. Indeed, Shiba Inu stands as one of the industry’s most important popular assets. However, like the rest of the industry, 2024 has not had it off to the best

The non-fungible token market has gone mainstream again after losing its initial market hype recently. The rapidly growing NFT sector is expected to retest a massive upward macro trend in the coming months. Below, we have listed some of the top trending NFTs on the OpenSea NFT marketplace right now: 1. Pudgy Milady NFT Collection Pudgy Milady, an NFT collection that Features a limited edition of 8110 generative PFP NFTs in a neochibi aesthetic inspired by street style tribes Milady Maker and Pudgy Penguins, is the top trending NFT collection on the OpenSea NFT marketplace right now. In the past 24 hours, the NFT collection has amassed a trading sales volume of 62 ETH. 2. PUNKBITS NFT Collection PUNKBITS, an NFT collection that Features a limited supply of 10,000 unique 3D-modeled NFTs hosted on the Ethereum blockchain, is the second top-trending NFT collection on the OpenSea NFT marketplace right now. In the past 24 hours, the NFT collection has amassed a sales volume of 7 ETH a

CoinShares moves to cut management fees for its Bitcoin exchange-traded product. The management fee will drop from 0.98% to 0.35% per year next Thursday. CoinShares holds approximately 40% of the assets in all European crypto ETPs. Leading crypto-focused asset manager CoinShares has announced a significant cut in the management fees for its Bitcoin exchange-traded product (ETP). CoinShares disclosed this move in an official press statement today, January 25. According to the announcement, this initiative will see the management fee plummet from 0.98% per year to 0.35% per year. The reduction will become effective next Thursday, February 1, and will apply to physically-backed Bitcoin ETPs in Europe.  The report noted that the action aligns with CoinShares’ commitment to making digital assets accessible to foster inclusivity. Emphatically, CoinShares sees the lowered management fee as a means to expand investors’ access to virtual assets through regulated p

It is no secret that the cryptocurrency market loves a memecoin to speculate on for the short term. Now, a new fun token surge in DeFi earning the attention and interest of crypto traders amid an airdrop campaign.  The new memecoin is called HUG, opening its arms to hug-related memes while appealing to love and kindness. Notably, the token “powered by hugs” has gained the attention of large influencers and is yet in its early stages. In particular, Ivan on Tech ( @IvanOnTech , 425,700 followers) recently hosted a HUG airdrop on X (formerly Twitter). The post already had over 1,800 comments with other relevant accounts supporting the recently launched memecoin, campaign, or infrastructure network. For example, Adrian Zduńczyk ( @crypto_birb , 650,100 followers). Legend! @PiersRidyard knows what he’s doing — Adrian Zduńczyk, CMT (@crypto_birb) January 22, 2024 HUG price analysis  Interestingly, HUG runs on Radix (XRD), part of a DeFi ecosystem that is still growing and maturing.

Eligio Regalado, an online pastor in Colorado, said he may have ”misheard” God’s instructions when starting a crypto project that lost its investors millions of dollars. Regaldo is f acing charges of civil fraud in the alleged sale of $3.2 million of a cryptocurrency called INDXcoin to 300 investors. “The INDXcoin was illiquid and practically worthless,” said a complaint filed by Colarado’s securities commissioner. “I nvestors lost millions; and Defendants dissipated investor funds to support their lavish lifestyle.” Regulators File A Formal Complaint Against The Regalados The complaint accuses Regalado and his wife of scamming Denver’s Christian community with a counterfeit digital currency called INDXcoin . The report revealed that the crypto was sold through the Kingdom Wealth Exchange (KWE), a broken exchange platform that it is alleged was “created, controlled and operated” by the pastor and his wife. Regaldo claimed God told him directly that investors would become wealthy