Pudgy Penguins’ PENGU token jumps 13% despite NFT sales dropping over 50%, fueled by a viral marketing campaign. Source: https://cointelegraph.com/news/pudgy-penguins-nft-sales-nosedive-as-token-rallies-nifty-newsletter-jan-1-8?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Decentralization is in danger — We can fix it
We can preserve Bitcoin’s core principles while enabling advanced functionality and interoperability. Source: https://cointelegraph.com/news/decentralization-is-in-danger-we-can-fix-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Market Update: Short Sellers Capitalize on Bearish Trends Below $2.30
XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of $127 billion, and an intraday price range of $2.21 to $2.35, reflecting notable bearish trends across all major timeframes. XRP XRP’s daily chart demonstrates a prevailing downtrend, with consistent lower highs and […] Source: https://news.bitcoin.com/xrp-market-update-short-sellers-capitalize-on-bearish-trends-below-2-30/
Bitcoin price dip to $92.5K caused by Fed interest rate concerns: Analyst
Rising concerns about Federal Reserve monetary policy and rising bond rates are having a negative impact on Bitcoin’s price. Source: https://cointelegraph.com/news/bitcoin-price-dip-to-92-5-k-caused-by-fed-interest-rate-concerns-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Movement Labs to close $100M VC round: Report
The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported. Source: https://cointelegraph.com/news/movement-labs-100m-vc-round-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sol Strategies Invests $25 Million CAD in Solana Ecosystem
A credit facility worth $25 million CAD has been obtained by Sol Strategies to purchase Solana tokens. Sol Strategies Goes Big on Solana Sol Strategies Inc., a Canadian holding company that invests in the Solana ecosystem announced that it has received a $25 million CAD unsecured, revolving demand credit facility to be used exclusively for […] Source: https://news.bitcoin.com/sol-strategies-invests-25-million-cad-in-solana-ecosystem/
Virtuals Protocol Discord server hacked, fake Google links posted
The security incidents occurred days after a researcher discovered a critical bug in a Virtuals Protocol audited contract, which was fixed. Source: https://cointelegraph.com/news/virtuals-protocol-discord-server-hacked-fake-links-posted?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 1/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK
Bitcoin’s sell-off shows no signs of forming a bottom, which is destroying traders’ appetite for altcoins. Source: https://cointelegraph.com/news/price-analysis-1-8-btc-eth-xrp-bnb-sol-doge-ada-avax-sui-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Agora, Galaxy complete AUSD stablecoin’s first live transaction
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market. Source: https://cointelegraph.com/news/agora-galaxy-ausd-stablecoin-first-live-transaction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Technical Analysis: Bulls Face an Uphill Battle as Resistance Looms at $98,000
Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation. Resistance […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-bulls-face-an-uphill-battle-as-resistance-looms-at-98000/