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Join Our Telegram channel to stay up to date on breaking news coverage Flow price is back in the green following the launch of Doodles 2 Collectibles on its network. The token has exploded 8% in 24 hours and now sits significantly above its weekly low of $0.96. Flow price was not spared by the widespread dip in the market caused by tension ahead of the United States Open Market Committee (FOMC) meeting and the Federal Reserve decision on the interest rates hike. Market watchers expected a 0.25% increase in the rates, halfway lower than the 0.5% hike in December. This positive sentiment follows slightly positive inflation figures for December, which happened to have dropped from the levels seen in November. Although the minor ease in inflation is a positive sign, the battle has not been won yet and the Fed may still use the opportunity to get inflation under control. Therefore, the outcome of the FOMC meeting later on Wednesday could set the pace for the crypto market recovery

A Hard Working Man digital collectibles represent the latest evolution in NFT utility as music, art and technology collide. In 2021, the world witnessed nonfungible tokens (NFTs) as a possible short-term investment opportunity and a way to make a quick buck. Paired with a burgeoning bull market and an investor cohort keen on the technology sector, the blockchain and its derivative assets, like NFTs, became an investment hotspot, attracting billions of dollars. Fortunes were made and lost in the NFT frenzy; CryptoPunk #9998, an NFT which sold for 124,457.0675 Ether (ETH) — worth over $533 million in October 2021, exemplifies the incredible valuation spurts of NFT projects at that time. Despite the lavish sums, critics questioned the true value of these digital collectibles. Yes, of course, the technology has exciting implications for verifiable ownership of digital items on the blockchain, but could one truly justify a half-billion-dollar valuation on a piece of digital art? As a resul

Bitcoin bulls are getting a rain check on gains with BTC price action retracing its weekend progress. Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sees flash dip below $23,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day. These, while Bitcoin’s best performance for nearly six months, encountered problems with staying power as the week began, with pre-Wall Street trading seeing a brief trip below $23,000. At the time of writing, Bitcoin traded at around $23,250 as United States equities limped into the final few days of January. Among the topics of interest for analysts was the CME Bitcoin futures gap from the weekend getting swiftly “filled” by spot. “Gaps” in the futures chart often act as a short-term price magnet for spot once futures markets reopen

Bitcoin bulls look to push BTC price to $24,000 and in doing so, LTC, AVAX, APT and FTM could extend their monthly gains. Bitcoin (BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner. Usually, a sharp recovery from the market lows, driven by the leader, is a sign that strong hands may be buying aggressively. That could be because traders believe the selling may have been overdone in the near term or they found the valuation to be attractive. Crypto market data daily view. Source: Coin360 After the initial runup, a swift correction could be expected, which will shake out the weak hands. The next fall will also confirm whether Bitcoin has formed a bottom or not. If the low is confirmed, several altcoins may start to outperform Bitcoin in the near term. Which altcoins are showing promise in the near term? Let’s study the charts of Bitcoin an

Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys Helped Hive Victims Avoid Paying $130 Million in Ransom Ransomware network Hive, which has had around 1,500 victims in more than 80 countries, has been hit in a months-long disruption campaign, the U.S. Department of Justice (DOJ) and the European Union Agency for Law Enforcement Cooperation (Europol) revealed. A total of 13 nations participated in the operation, including EU member states, the U.K. and Canada. Hive has been identified as a major cybersecurity threat as the ransomware has been used by affiliated actors to compromise and encrypt data and computer systems of government facilities, oil multinationals,

SiO2 Finance joins Astar’s Build2Earn Program. The Astar community has approved Sio2 finance to join Astar’s Builder’s Program on 01/24/2023! To boost its development efforts in the Astar ecosystem SiO2 has been whitelisted into Astar’s dApp staking program. Astar Network is the TVL Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all significant layer 1 blockchains. Furthermore, Astar Network supports dApps using multiple virtual machines — WASM and EVM — and offers the best technology solutions and financial incentives via its #Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain. What is staking dApps? For great dApps

The Bitcoin price prediction gains 0.49% as bulls keep working hard to nurture a bullish trend above the upper boundary of the channel. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,175 Bitcoin market cap – $445.2 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $26,000, $28,000, $30,000 Support Levels: $20,000, $18,000, $16,000 BTC/USD is hovering at the $23,175 resistance level as the market price is above the 9-day and 21-day moving averages, indicating a bullish movement. For the past few days, the Bitcoin price has been moving sideways and in the context of the Bitcoin exchange rate forecast; an application of $24,000 resistance is expected. Bitcoin Price Prediction: Will BTC Break Above $24,000 Level or Reverse? If the Bitcoin price crosses above the upper boundary of the channel, it is likely for the ma

Join Our Telegram channel to stay up to date on breaking news coverage APT, the token that powers new up-and-coming layer-1 blockchain Aptos, stormed another 30% higher on Friday to rise above $16 per token for the first time. Year-to-date gains now stand at a stunning 365%, with the bulk of these gains coming in wake of a volume surge that began back on the 8 th of January. APT’s rally has been in part powered by a broader move higher in crypto since the start of the month which has, for the most part, been fuelled by macro-optimism (for easier monetary policy this year and next). Some analysts have also cited growth in trading volumes on Aptos-based NFT marketplace Topaz as boosting interest in the recently launched layer-1 blockchain. Unsustainable Rally? But aside from this, there doesn’t seem to any other notable fundamental catalysts driving the cryptocurrency higher. As a result, crypto Twitter community members are increasingly skeptical of the sustainability of the

With the deadline for filing tax returns in the UK just one week away, this crypto tax tool simplifies the tax-filing process. With the Jan. 31 deadline for filing tax returns in the United Kingdom fast approaching, crypto investors who haven’t yet submitted their crypto tax returns are in a tight spot. From figuring out how crypto is taxed in the U.K. to accurately computing net tax liability, it can be a perplexing and complex process for new investors. However, by following simple registration steps and using advanced crypto tax tools, U.K. crypto investors can save a lot of hassle and file their tax returns online to avoid any late submission penalties. Registering with the HMRC In order to be eligible to fill out self-assessment tax returns online, crypto investors will have to first register with HM Revenue and Customs (HMRC), the non-ministerial department of the U.K. government tasked with the responsibility of collecting taxes. Self-employed individuals or sole traders need

A court filing published on Friday has revealed that federal prosecutors seized $50 million that Sam Bankman-Fried held in a small Washington bank. The FTX co-founder held the money in a Farmington State Bank account that has now been taken over by authorities. It was reported by Markets Insider that the Farmington State Bank had just three employees at the time of Bankman-Fried’s account creation. Moreover, they specialized in agricultural loans to farmers until March 2022. Prosecutors seize $50 million from Sam Bankman-Fried 's account at Farmington State Bank. — Watcher.Guru (@WatcherGuru) January 24, 2023 SBF Kept $50 Million in Rural Bank As the authorities continue the seizure of assets belonging to disgraced FTX CEO, Sam Bankman-Fried , it seems as though the search has truly been an international one. Court documents filed on Friday have revealed the very interesting place the former billionaire kept tens of millions of dollars. It was reported that prosecu

Join Our Telegram channel to stay up to date on breaking news coverage Gala price is among the best-performing play-to-earn (P2E) blockchain tokens in 2023, with gains exceeding 180% in 30 days. Investor attention has been picking up the pace in this sector of the crypto economy amidst the rise of new platforms like Meta Masters Guild (MEMAG) and Calvaria (RIA). The bar has been set higher, as gamers search for blockchain games they actually enjoy spending time playing. Is Gala Price Ready to Pick Up the Pace To $0.1? Gala price has increased by 6.6% over the last 24 hours, although it has been moving sideways for nearly a week. Initially, the partnership between Gala Games and Dwayne Johnson (The Rock) earlier this month, ignited the rally, pulling the token above $0.04. The bulls’ aggressiveness extended the leg above a critical resistance, highlighted by the lower yellow band on the daily time frame chart below. GALA/USD daily chart Although the 200-day Exponential Moving