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Price analysis 2/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX

Strong U.S. jobs data for January could not pull Bitcoin and select altcoins lower, indicating a strong bullish undercurrent.

'Crypto summer' likely to start in Q2 2023, Morgan Creek Capital CEO says

Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management.

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

Bitcoin buyers may get a chance to "load up" below $22,000 on the back of employment statistics.

Bitcoin’s big month: Did US institutions prevail over Asian retail traders?

There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though?

Binance re-enters South Korea with GOPAX exchange

With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi.

Why did Bitcoin price go down today? BTC traders brace for $23K retest

Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed's rate hike and market commentary fades.

Ray Dalio says Bitcoin is not the answer, the community responds

The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin.

Marathon’s first Bitcoin sale in 2 years not the result of distress

The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn't as a result of distress.

MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.

Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio

The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the […]

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs

The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution.

Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?

Absent shill and bullish newsflow, DOGE and SHIB have struggled to keep up with the wider crypto market rally that occurred in January.

Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

Join us as we discuss BTC's recent price rally, especially after the latest United States Federal Reserve meeting.

Is the Metaverse really turning out like ‘Snow Crash’?

Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult book has the amusingly-named Hiro Protagonist running around in an artificial cyber world, trying to stop a virus that wipes minds, aided by his hacker friend Y.T. Reality is a place to escape from, a neoliberal future wrecked by hyperinflation and […]

Community mocks Charlie Munger for his obsession with China’s Bitcoin ban

The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom.

What crypto hodlers should keep in mind as tax season approaches

Filing crypto taxes can be complex, especially for those exploring the decentralized finance world. Here’s what to keep in mind.

Bank of China ex-advisor calls Beijing to reconsider crypto ban

The current crypto ban in China is beneficial in the short term, but there are big opportunities that can be missed in the long run, the economist argued.

Bitcoin paints Nasdaq green as NCI index marks 38% gain in January

The bullish rise of Bitcoin and other altcoins in January helped the Nasdaq Crypto Index to register its third-highest monthly gain.

Bitcoin bulls must reclaim these 2 levels as 'death cross' still looms

BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts.

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