Analysis Crypto by Thebittimes.Com

The Fear and Greed Index fell to its lowest levels in 100 days as Bitcoin (BTC) fell below the $40,000 mark for the second time in a week. Against the backdrop of changes to BTC and the cooling of the market in the wake of the widely anticipated spot BTC exchange traded funds (ETF), the Fear and Greed Index has moved into the neutral zone indicating a decrease in the interest of potential investors in cryptocurrency. Alternative.me The Fear and Greed Index is a scale from 0 to 100 with 0 being the most fearful and 100 being the most greedy. Currently the Index is at 48 points corresponding to a neutral zone with a predominance of fear. This is the lowest value since Oct. 16, when the Index was 47. Since the beginning of Nov. 2023, the fear and greed index has been in the “greed” zone, indicating investors’ desire to buy cryptocurrencies. Interest in purchasing digital assets was driven by anticipation of the imminent launch of a Bitcoin ETF. Now, the Index h...

With so many projects in the  meme coin  market claiming to offer potential investors high ROI, finding viable tokens with excellent prospects of yielding substantial returns in the coming days can be challenging. We offer insight on three meme coins to buy now. Ponke emerges as a compelling choice for investors looking for promising meme cryptocurrencies. The project recorded an impressive 131% increase in its price in the last seven days, even amidst broader market declines. New and Best Meme Coins to Buy Now Bear Inu has demonstrated advancements, announcing the completion of a comprehensive audit conducted by  Certik  and getting listed on LBank. These developments have increased the trust of its community, numbering over 22,000. In addition, Meme Kombat presents itself as a noteworthy alternative to top meme coins like Dogecoin, warranting attention from discerning investors. 1. Meme Kombat ($MK) Meme Kombat ($MK)  emerges as a novel ERC20 presale, orc...

The Bitcoin price plunged nearly 4% to trade for $40,033 as of 1:05 a.m. EST time, but trading volume surged 125%. The move saw over $218 million in long positions liquidated against $35.23 million in short positions. BTC Liquidations The move saw up to $480 million in open interest wiped out of the market, moving from$16.79 billion to $16.31 billion between January 22 and 23. BTC Open Interest The drop comes amid rising volatility in the market, with altcoins also suffering in the aftermath of the crash in the Bitcoin price. The surging volatility could extend until the market is certain that the Bitcoin price has bottomed out. Some analysts say the surging volatility is because of the “big players” in the BTC market ushered in by the landmark approval of spot Bitcoin exchange-traded funds (ETF) applications on January 10. BTC drops 3% and everyone is in a full blown panic lmao Ya'll wanted the ETF right? Didn't you realize you were letting the worlds ...

In a surprising turn of events that has garnered attention within the crypto community, Robinhood, the prominent American trading platform, has significantly expanded its Shiba Inu (SHIB) holdings, positioning it as the third-largest asset in its diverse portfolio. This strategic decision coincides with the platform’s adjustment to its investment strategy, involving a reduction in its Bitcoin (BTC) holdings, indicating a notable shift in its approach to asset management. Analyzing the Numbers: Shiba Inu’s Surge in Robinhood’s Portfolio Data from the esteemed crypto market Analysis entity, Arkham Intelligence, reveals that Robinhood now possesses an impressive 36.825 trillion SHIB tokens, marking a substantial increase from its previous holdings of 36.685 trillion SHIB. Crypto enthusiast Lola, a vocal supporter of Shiba Inu, brought this development to light, providing insightful Analysis and comparisons of both current and past data. Source Robinhood’s s...

Investment crypto products’ outflows amounted to $21 million last week. According to a CoinShares report, outflows from investment products into digital assets were modest at $21 million last week. However, this figure masks very high Bitcoin (BTC) trading volumes last week, totaling $11.8 billion, seven times the average weekly trading volume in 2023. Source: CoinShares Geographically, capital inflows into the United States totaled $263 million, while Canada and Europe saw outflows of $297 million. Analysts suggest that such trends are explained by the migration of assets to the United States. Bitcoin product outflow s were minor, totaling $25 million, although trading volumes of $11.8 billion represented 63% of all BTC volumes on trusted exchanges. Ethereum (ETH) and Solana (SOL)-based product s saw outflow s of $14 million and $8.5 million, respectively. Analysts note that ETP activity is currently dominating overall trading activity. Incumbent issuers with higher co...

Rango Exchange partners with Braavos, the next generation of wallets made for an intuitive and safe start in crypto. Rango’s integration of Braavos Wallet improves the user experience for swaps and bridges within the Starknet ecosystem. Exploring Braavos Wallet: A Secure and User-Friendly Smart Contract Wallet Take a closer look at what Braavos Wallet has to offer. It’s not just any ordinary wallet. Rather, it’s a smart contract wallet that delivers both security and ease of use when accessing Starknet and other Dapps. Starknet , on the other hand, is a decentralized layer-2 network that revolutionizes Ethereum by enabling secure scaling while giving Dapps the freedom to scale transactions and computation infinitely. Why Braavos Wallet is the Smart Choice for Secure Transactions on Starknet Braavos Wallet is a standout option for those looking for smart contract accounts with advanced functionalities. Among its many Features are multi-call capabilities, hardware signe...

DOGE formed a MACD golden cross as the price briefly reached $0.090.  Speculation around a possible DOGE payment on X triggered the price increase. If buying pressure increases, the coin may hit $0.11 in the short to mid term. Not only did Dogecoin (DOGE) rise by 7.36% in the last 24 hours, but the coin also had its first Moving Average Convergence Divergence (MACD) golden cross on January 20. Trader Tardigrade revealed this after checking out the DOGE weekly chart.  $DOGE is having the first ever MACD Golden Cross.@XPayments @dogecoin pic.twitter.com/biONGtgBMy — Trader Tardigrade (@TATrader_Alan) January 21, 2024 Will X Add DOGE to the Options? The MACD golden cross occurs when a short-term Moving Average (MA) crosses over a major long-term MA. When this happens, it means the cryptocurrency’s movement is ready for a long upward run. However, Dogecoin’s price did not suddenly jump without a known cause. Instead,  the launch of the X P...