MakerDAO [MKR]: All you need to know about protocol’s latest proposal

At press time, BTC was trading at a price level last seen in August 2022. The rally in price since the beginning of the year has put many holders in profit. Strong gains between 20 – 22 January pushed Bitcoin’s [BTC] price to rally by over 2% during the intraday trading session on 23 January. This caused the leading coin to trade at levels last seen in August 2022, data from CoinMarketCap showed.

The king coin beat other cryptocurrencies per digital asset investments in the past week. Despite hitting $23,000 on-chain data suggested that there could be a further BTC uptick. Following a week full of swings and a weekend of greens, Bitcoin [BTC] dominated other assets per the crypto fund inflow, CoinShares...

St. Maarten announced plans to adopt TRON as a legal tender. TRX’s price reacted positively and so did the metrics. TRON [TRX] reached another milestone on 24 January, taking another step towards the network’s goal of increasing its global adoption. Justin Sun, the founder of TRON, revealed that St. Maarten announced its plans to adopt TRON as legal tender.

High fees on Uniswap could lead to users searching for cheaper alternatives. Order flow toxicity and a decline in organic transactions on Uniswap could cause disinterest in the DEX. Uniswap [UNI] ranked third in the crypto space in terms of fees charged to users. According to Token Terminal’s tweet on...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. APE could oscillate in a higher range if BTC maintains the $23K zone. There was a slight accumulation despite a drop in trading volume. ApeCoin [APE] has been...

Avalanche’s NFT ecosystem got good news as NAKAVERSE went multichain. A few metrics and market indicators were in sellers’ favor. Avalanche’s [AVAX] NFT ecosystem got good news on 23 January, which could help the network register growth in the field. Nakamoto Games, a metaverse ecosystem, recently announced that NAKAVERSE was poised to go multichain. They began by integrating NFTs with Dogecoin [DOGE] and would soon add other networks, including Avalanche.

Tron’s prospects look good after the robust growth it achieved in 2023. TRX could benefit from the network growth but only if the market is aligned positively. Crypto-savvy observers and enthusiasts may have noticed that the Tron blockchain network has been receiving an increasing share of the spotlight. This has been the case for the last few months and a new update from the network reveals why.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The $1.05 has posed stern resistance in the past two weeks. A revisit to the 12-hour bullish breaker and Fibonacci retracement level could be expected. Polygon [MATIC] saw...

Tesla has not sold any Bitcoins in the fourth quarter of 2022. The e-car manufacturer’s digital assets value has seen a significant drop compared to Q3. Tesla, an American multinational electric car manufacturer, has released its earnings report for the fourth quarter of 2022. The firm spearheaded by Elon Musk continues to hold the same position on Bitcoin (BTC) compared to its Q3 2022 report. The firm has not sold or purchased any BTC.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH’s weak fundamentals could delay immediate price reversal. Short-term Ethereum holders’ profits could be cut to size. Ethereum [ETH] dropped below its $1,600 mark after Bitcoin...