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Join Our Telegram channel to stay up to date on breaking news coverage Enjin (ENJ) displayed strength as the crypto market entered the third weekend of the year 2023. The Enji price was up more than 31% in the last three days to reach a high of $0.465 on Thursday. At the time of writing, the gaming token was hovering at $0.417, up 76% since the beginning of the year. ENJ is up 14% in the last 24 hours with a 24-hour trading volume of $344 million, which is up more than 90% on the day.  Investors could be asking whether this is the right time to buy ENJ. The truth is, there is never a right or wrong time to place your bets in the crypto market. However, with the help of proper technical Analysis backed with market data and project fundamentals, traders can make informed decisions. Nevertheless, the overall crypto market sentiment does little to show the direction the market may take in the near future. According to Santiment, a market intelligence platform, there are mixed...

The crypto market has retraced slightly since Wednesday after the Department of Justice announced an enforcement action against the small Chinese cryptocurrency exchange. News of the reveal – which was ultimately underwhelming for many in the community – nevertheless dampened a broad rally among digital assets throughout the week.  Solana’s Volatile Week Solana (SOL) – which rose as high as $24.75 on Monday – trades at $21.08 at writing time. While down roughly 10% since earlier this week, its still up over 30% since last week, and maintains a $7.7 billion market cap – knocking on Polygon (MATIC)’s door to return into crypto’s top ten largest coins.  Similarly, “Dogecoin killer” Shiba Inu has risen over 23% in the last 7 days, despite falling by 8.7% within the last 24 hours. Its premiere rival, DOGE, is down by roughly the same across the day, but is coming off of relatively modest weekly gains of just 4%.  KYC & Audit Solutions! SolidProof The week’s rall...

On January 18th, Bitcoin began to experience a bearish correction. It obtained support close to $20,500 and its trend seems sustainable. In this article, you will find the latest information regarding BTC and ETH's fundamental outlook and more. Read ahead for additional details! Bitcoin, the world's largest and most well-known cryptocurrency, failed to extend its 14-day bullish rally, falling to around $20,759 as the current risk-off wave in the cryptocurrency market weakened riskier assets, such as Bitcoin and other cryptos. According to the most recent figures, the global crypto market valuation has dropped by nearly 4% in the last 24 hours, from $999 billion to $969 billion. Meanwhile, Ethereum, the second-largest cryptocurrency, failed to sustain its rally and lost more than 4% of its value, dropping to $1,526.  The majority of cryptocurrencies experienced a sharp decline due to the market's reaction to the US ban on the Bitzlato exchange. The negati...

Source: AdobeStock / supamotion As more and more crypto companies face scrutiny – and some throw in the towel after a rough bear market - questions are being raised whether that could be a good thing for crypto after all. Latest among the crypto entrepreneurs that are facing scrutiny now are Cameron and Taylor Winklevoss, the twins who founded Gemini exchange. The twins have been in the spotlight recently as a feud between them and fellow crypto entrepreneur Barry Silbert has unfolded over Gemini’s interest-paying “Earn” program. The partner Gemini worked with for its Earn program was Genesis Global Capital, a subsidiary of Silbert’s Digital Currency Group (DCG). But when Genesis in November last year halted redemptions for its clients, Gemini’s clients also became unable to withdraw funds held on Gemini Earn. According to a Bloomberg article from Tuesday, the twins – who earlier in January wrote an open letter to DCG’s...

Join Our Telegram channel to stay up to date on breaking news coverage Aave price prediction shows that AAVE kicked off its rally as the coin continues to spike higher to touch the $91.2 resistance. Aave Price Prediction Statistics Data: Aave price now – $86.62 Aave market cap – $1.2 billion Aave circulating supply – 14 million Aave Coinmarketcap ranking – #40 AAVE/USD Market Key Levels: Resistance levels: $100, $105, $110 Support levels: $70, $65, $60 AACEUSD – Daily Chart AAVE/USD had a significant boost that allowed the coin to exceed the $90 level, this momentum extending considerably as crypto continues to climb higher within the channel. However, the current performance of the coin indicates the addition of an upward movement. It’s just a matter of time before this coin reaches a $100 level in the nearest term. Aave Price Prediction: What to Expect from Aave In the last few days, the Aave price has moved from $58 to $91 and at the same time moved t...

Ethereum, Dogecoin , and Litecoin have mirrored the bullish notion of the market. Bitcoin [BTC], was undoubtedly at the top with 59% of its holders at profit. Yet, the trio was seen dominating the altcoin space as most of their holders were in profit. Ethereum [ ETH ], managed to surge to a high of $1,594.04 earlier today. The increased interest of the community could drive ETH to $1,600 which is just a couple of dollars away. At press time, the entire market was undergoing consolidation, as a result, ETH was trading for $1,566.17 with a 0.54% daily drop. Nevertheless, 60% of ETH holders were making significant profits. In addition to this, 39% of the asset’s holders were enduring losses at the crypto’s current price. Source Dogecoin [DOGE] recorded a 10.49% surge over the last couple of days. However, the meme crypto was plummeting by 3.67% at press time while its price held at $0.08393. About 59% of DOGE holders were making money at the asset’s existin...

The 2022 launch of Shibarium was eagerly anticipated by the Shiba Inu Army. Things didn’t work out the way they were supposed to, even though it was stated that it would probably happen by the end of 2022. Nevertheless, the team has been working relentlessly to push out Shibarium . The market has been on a positive rally, with major coins displaying double-digit gains. Shiba Inu erased one zero and is trading at $0.00001002 at press time. Amidst all this market positivity, Shiba Inu lead developer Shytoshi Kusama dropped his insights on the upcoming Shibarium . During fall the tree may have only a few leaves, but then spring appears. Luckily, Shibarium, in this context, is a Pine Tree. Still, it needs water, sunlight and proper soil. But pines survive and thrive during the harshest winters. (I also hear the needle tea is good for u.) https://t.co/IlmwGjvSog — Shytoshi Kusama™ (@ShytoshiKusama) January 15, 2023 Kusama hints that Shibarium will survive the...

Image Source: Pixabay The crypto-focused exchange-traded fund (ETF) market has seen a topside push in 2023 amid a surge in cryptocurrency prices. So far this year, the 14 top-performing ETFs are all tied to digital assets, excluding leveraged products, out of about 2,000 funds tracked by Bloomberg, the media reported Friday, noting that crypto funds are dominating the $6.8 trillion ETF market. The topside push by crypto funds comes as digital assets are off to a shining start this year. Bitcoin, the world's largest cryptocurrency, has passed the $21,000 price mark over the past day after months of inactivity. Ethereum has also reached around $1,600. Both coins have gained around 10% over the past day. Crypto ETFs have come to the spotlight this year after a lackluster performance last year. In 2022, cryptocurrency-linked funds were among the worst performers as the industry lost around $2 trillion worth of value amid the collapse of a number of high-level p...

Ripple ’s native token XRP reached a weekly high of $0.37 after the CPI data-induced rally on Friday. Inflation in the U.S. dropped to 6.5% in December from 7.1% in November 2022. XRP is now looking to break through its resistance levels of $0.37 head to $0.39. Also Read: When Will XRP Reach Its All-Time High of $3.40? Whale Activity Into XRP Increases Source: The Motley Fool XRP is among the top list of gainers this week as whale activity for the token witnessed a sharp increase. Since December 2022, several whales have transferred XRP tokens to unknown and private wallet addresses. Last month alone, over 1 billion XRP tokens were moved by whales from leading crypto exchanges Coinbase and Binance. You can read more details about the 1 billion tokens transfer worth $370 million here. Also, over the past week, two different whales moved 109 million tokens worth $30.2 million to private wallet addresses. One whale moved the tokens from a Bitstamp address worth $15 ...

Double Protocol Partnership with XandarGames, this will lead to deployment and integration of NFT rental solutions for Xandars NFTs and in-game items. Xandar community will be able to rent, lend, and sublet NFTs in the Double Protocol NFT rental marketplace powered by the ERC-4907 token standard. The benefits of this integration include: lowering the barrier for users to utilize Xandar NFTs, providing a revenue source for Xandar NFT holders, and potentially turbo-charging Xandar user base. As Double Protocol announced its Partnership with XandarGames. The Integration Play-to-Earn suggests that most gamers are in the game to have fun while also earning tokens. Empowering the blockchain gaming community with an NFT rental marketplace will further enrich the playing experience and create an atmosphere that is even more rewarding for participants of Xandar multiplayer RPG game. This integration will be completed in the coming weeks as Double Protocol and Xandar will work closely to ensure ...

Author: Dongbing, Chief Researcher at Bitdeer, the article only represents his personal point of view At present, there are three major sources of FUD in the market : 1. Miners; 2. Grayscale; 3. Binance. However, I feel that the market has over-exaggerated these three events, and the actual situation is not as pessimistic as imagined. DCG As the dispute between Gemini and DCG intensified, DCG seemed to be in a precarious situation again, and the market began to worry about the liquidation of Grayscale’s property, but this worry is actually a bit unfounded. You must know that Grayscale itself operates trust products. Under the Anglo-American legal system, a trust is an extremely special existence, and its ownership is highly isolated from the settlor and administrator. Even if the settlor goes bankrupt, the entrusted trust assets will not be affected. Similarly, if there is a problem with the manager of the trust product, only the manager needs to be replaced, and the survival of the...

A cybersecurity firm warned users of a fake Pokemon NFT game that spreads malware and targets gamers. In this week’s newsletter, read about how the Metaverse may integrate touch and smell . Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within the NFT space. And don’t forget this week’s Nifty News featuring a warning to gamers about a fake Pokemon NFT game spreading malware.  Touch and smell become the next big thing for the metaverse at CES 2023 One of the catalysts for the metaverse to generate $5 trillion in value in 2030 is the development of a more human experience. With the senses of smell and touch added to virtual reality (VR) experiences at the Consumer Electronics Show (CES) 2023, the metaverse is set to deliver more positive experiences to users. A metavers...