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Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?

The crypto market continues to be in the red based on more liquidation, resulting in the leading cryptocurrencies being in the fear zone. Market insight provider Santiment confirmed: “Have we dipped low enough where there’s “blood in the streets?” According to crowd sentiment, there’s quite a bit of FUD & bearishness for BTC, ETH,

Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown

Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub while the turmoil is still rocking Kazakhstan. Munoz pointed out: “The protests in Kazakhstan have repercussions all over the world including Bitcoin. We propose that Spain position itself as a safe destination for investments in cryptocurrencies to develop

Bitso Inks Deal as the Official Sponsor of Sao Paulo Football Club

South American trading platform, Bitso has inked a partnership with the Sao Paulo Football Club to be the team’s official sponsor from now until the next three years. As reported by Aithority, the partnership will see Bitso’s brand logo incorporated and showcased on SPFC’s official team jerseys, a move that will expand the exchange’s continent

Ethereum Stands at the Forefront of Web 3.0 Development, Attracting Over 700 Developers to Join Monthly

The leading decentralized finance (DeFi) ecosystem, Ethereum (ETH), constantly draws between 20% to 25% of developers eyeing Web 3.0.  At least 20% of new Web 3.0 developers are joining the Ethereum blockchain over rival networks, according to a report by early-stage venture firm Electric Capital.  With 18,416 monthly active developers in Web3, Ethereum accounts for

Binance CEO CZ Surpasses Tech Giant, Holding World’s Biggest Crypto Fortune with $96B Net Worth

According to the Bloomberg Billionaires Index, Changpeng Zhao, the Chief Executive Officer of Binance cryptocurrency exchange, known on Twitter as ‘CZ’, now enjoys a fortune of $96 billion who has surpassed many tech giants, including Facebook’s Mark Zuckerberg, Google’s founders Larry Page and Sergey Brin and Asia’s richest man Mukesh Ambani. CZ has been tagged the

Top 3 Coins to Watch this Week: BTC, LUNA, and MANA

The digital currency ecosystem has been experiencing a bullish plunge for the better part of the year, with the global crypto market capitalization plunging well below the $2 trillion benchmarks. While the ongoing price correction is more pronounced with Bitcoin (BTC), Ethereum (ETH), and the altcoins in the top 10 of crypto rankings, the entire

Bitcoin’s Long-Term Fundamentals Remain Strong

Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones. Market analyst Nick Mancini confirmed: “Addresses holding 1,000 or more BTC continue to grow despite the selling pressure. This is literally weak hands moving to strong hands.” Strong hands

Arbitrum network suffers minor outage due to hardware failure

The Ethereum layer 2 network Arbitrum has suffered its second outage in less than five months following a hardware failure. Arbitrum is back online at the time of writing but the team did report some downtime during the late hours of Jan. 9. The timing of the tweets suggests that the network was down for

Paypal Confirms Plans to Launch its Platform Specific Stablecoin

American payments giant Paypal Holdings Inc has confirmed it is working on its own digital currency, which will take the form of a stablecoin. The company shed more light on the plans after the developer Steve Moser uncovered a hidden code and images for a “PayPal Coin” in its app and shared it with Bloomberg.