Bidemi ruth

#ETH
Optimism and Arbitrum flip Ethereum in combined transaction volume
The two layer-2 networks processed more than 1.1 million transactions combined on Jan. 10.

#NFT
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors

#Etheteum
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity.

#Crypto
Crypto technology will shift towards 'steadier hands' in 2023: Circle CSO
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.

#Doge
The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year.
On December 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing,

#Crypto
Cross border retail payments can take days to clear due to the number of intermediaries. Crypto transactions clear within seconds; a great way to meet the FSB’s target of clearing 75% of transactions within one hour.
Cryptocurrencies can address access challenges.

#NFT
The Binance NFT marketplace is a central location where you can buy and sell digital artworks and collectibles. The Binance NFT marketplace, powered by the Binance blockchain technology and community, offers the highest liquidity platform for users to launch and trade NFTs.

#BITCOIN
Santiment predicted that a price drop to as low as $12,200 is not out of the question since there are two notable volume gaps between that level and $14,600 that whales might be paying attention to.
Whales have been disposing of their assets.

#BITCOIN
Bitcoin whales have become net sellers recently, which Santiment believes is an indicator of more price drops.
The price of bitcoin took a massive hit in 2022, dropping by more than 50% in 12 months. the crypto analytics platform Santiment believes there’s more bad news.

#BTC
Bitcoin not undervalued yet, says research as Bitcoin price drifts nearer to $16K
An indicator tracking transactions in profit and loss has yet to repeat its traditional bear market bottom sequence, says CryptoQuant.
BTC not at a good value enough for a macro price bottom.

#Dogecoin
The developers of Dogecoin have denied rumors that the network is immediately switching to proof of stake (PoS), saying that they are merely planning to release a proposal on the topic. The denial was made after critics said the team was going to “kill scrypt miners.”

#ETH
Its been 105 days since Ethereum transitioned from a proof of work blockchain to a proof of stake network and the number of Ethereum validators is set to surpass 500,000 in 2023. Ethereum’s issuance rate of new coins has dropped considerably. Eth Issuance Rate Is 0.014% p/A

#BTC
Despite BTC price action flagging at nearly 80% below its latest all time high, not everyone is bearish about even its mid term outlook.
While calls for a further drop before BTC/USD finds its new macro bottom remain, Capriole believes that 2023 will be bright for Bitcoin.

#Bitcoin
Bitcoin is due to copy gold’s explosive 1970s breakout as it becomes the world’s “hardest asset” in 2024.
That was one forecasted from the latest edition of the Capriole Newsletter, a financial circular from research and trading firm Capriole Investments.

#Bitcoin
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain.

The Federal Bureau of Investigation has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with you

#BTC
Bitcoin price volatility due within days, new take says as Bitcoin flatlines at $16.8K
Bitcoin hodlers may not have much longer to wait before Bitcoin price action gets interesting again.
Bitcoin hodlers are enjoying another day of zero volatility on Dec. 26.

#NFTs
2022 hasn’t been kind to non fungible token (NFT) holders, and statistics show that interest in the subject has dropped a great deal this year. Google Trends data shows that the search term “NFT” had a score of around 52 during the week of Dec. 26, 2021 – Jan. 1, 2022.

#LTC
Litecoin is another one of the popular cryptocurrencies among investors in 2022. The Litcoin token is constantly rising as the crypto is due to its halving event. Litcoin has finally become the more efficient and affordable replacement for Bitcoin.

#Ethereum
Ethereum recently launched its Merge upgrade that enabled altcoins to rally. After the launch of the upgrade, Bitcoin rallied too, giving positive hopes of profits to crypto investors. Google data says that interest in the word “ethereum 2.0” rose intensely.