Latest Crypto News - January, 2024

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1 Jan 2024
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It's 2024 now and Happy New Years!


the cryptocurrency market showcases a spectrum of volatility. This article aims to keep you informed with the latest news and updates on Bitcoin, Ethereum, blockchain, NFTs, and emerging trends in the crypto space.


Ethereum Price Prediction: ETH will likely rally to $2,550 following recent bullish breakout (FXStreet) Ethereum is exhibiting signs of a potential bullish breakout, which could lead to a rally to $2,550. This prediction is based on the recent developments in the digital economy and the increasing adoption of blockchain technology.

Federal Reserve Rate Decision: Cathie Wood, ARK Invest sell $42.6 million of Coinbase stock (Investor's Business Daily) The recent Federal Reserve rate decision has led to a surge in cryptocurrency prices, with Cathie Wood, the founder of ARK Invest, selling $42.6 million worth of Coinbase stock. This move is seen as a sign of optimism in the crypto market.

Nigeria's Central Bank lifts ban on crypto transacting, initiates new blockchain integration for Minecraft (CryptoSlate) In a major development, the Central Bank of Nigeria has lifted the ban on transacting in cryptocurrencies. The bank has also initiated new blockchain integration for Minecraft, which could lead to increased adoption of the technology in the country.

Top 7 tokens to buy and hold for the new year (Analytics Insight) Investors are advised to purchase and hold the following tokens for the new year:

  • Retik Finance
  • Bitcoin
  • Ethereum
  • Shiba Inu
  • Solana
  • Bonk
  • Dogecoin


These tokens are expected to perform well in the coming year due to their potential for growth.


Cardano, Ethereum, Solana, Sui, Sei, NEAR Protocol, Gala, and the recently formed ScapesMania to undergo discussion.

A range of cryptocurrencies, including Cardano, Ethereum, Solana, Sui, Sei, NEAR Protocol, Gala, and the recently formed ScapesMania, are expected to undergo discussion in the coming year. This is based on the increasing interest in blockchain technology and the potential for these cryptocurrencies to grow in value.


References:

Feth, L. (2023, December 29). Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, & NFTs- December Week 4. Retrieved from https://innotechtoday.com/crypto-nft-today-the-latest-news-in-blockchain-cryptocurrency-nfts-december-week-4/

Passarlay, W. (2023, December 31). Top cryptocurrencies to watch this week: BSV, BCH, FTT. Retrieved from https://crypto.news/top-cryptocurrencies-to-watch-this-week-bsv-bch-ftt/

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