Research: Bitcoin futures open interest grows ahead of FOMC meetingDiving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting.
Happy Tuesday!The global crypto market cap is $1.05 trillion with a 24-hour volume of $50.43 billion. The price of Bitcoin is $23,118.25 and BTC market dominance is 42.3%. The price of Ethereum is $1,592.89 and ETH market dominance is 18.5%. The best performing cryptoasset sector is Communication, which gained 9%.
Latest NewsResearch: Bitcoin futures open interest grows ahead of FOMC meeting
Diving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting. Avalanche network records 3.4% growth in Q4 2022Avalanche ended 2022 with significant subnet improvements and an increased number of daily transactions. South America-based exchange volume continues positive trajectoryExchange volume transactions for the month of January 2022 remained steady at 8.35B Court-appointed examiner confirms Celsius operated as a PonziAn independent report into Celsius's business affairs confirms shady business practices and Ponzinomics. UK home to hundreds of companies running crypto, forex scamsThe U.K. government pledged to "tighten the rules, including the introduction of a requirement to verify information provided to Companies House" to more effectively combat the fraudulent activities. CryptoSlate Daily wMarket Update: Dogecoin rally defies overall market sentimentThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Elon Musk downplays CBDC conspiracy chatterMusk believes market forces will determine the success or failure of Central Bank Digital Currencies (CBDCs). Lazarus attempt to launder additional $27.2M of funds stolen from Harmony bridge hackAt least two exchanges, Binance and Huobi, reported freezing a portion of the funds. Crypto ETPs sees 9000 BTC inflow in JanuaryValkyrie Bitcoin Miners ETF "We're Gonna Make It" (WGMI) has emerged as the best-performing fund in 2023, rising by over 100% in the past month. Turkey’s Nation Alliance set for crypto adoptionTurkey's opposing coalition released its doctrine as the elections approach — which included 13 matters aiming to increase crypto adoption.
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