2023-02-17 (Friday)

BITCOIN (BTC)

Current Price:  $ 23,679 (24h Changes: -3.89 % )

Current Market Cap:  $ 457,345,471,427 (24h Changes: -3.92 % )

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BTC-Positive News

1. Bitcoin bulls aim to hold this week's BTC gains leading into Friday's $675M options expiry
Source:  Cointelegraph
Date:  Thu, 16 Feb 2023 13:37:55

$675 million in BTC options are set to expire on Feb. 17, but bears could aim to take control by pushing Bitcoin price below $22,000.

2. Bitcoin briefly soars beyond $25k; liquidates $232M from short sellers
Source:  CryptoSlate
Date:  Thu, 16 Feb 2023 12:42:17

Bitcoin's (BTC) price soared beyond $25,000 for the first time since June 2022 — peaking at $25,104, according to CryptoSlate's data.

3. $24K Bitcoin — Is it time to buy BTC and altcoins? Watch Market Talks live
Source:  Cointelegraph
Date:  Thu, 16 Feb 2023 12:00:00

Join us as we discuss whether it's time to consider stacking some sats and buying into some attractive altcoins.

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BTC-Neutral News

1. Biggest Bull Trap Awaits? Bitcoin Price To March Towards $30K?
Source:  Coingape
Date:  Thu, 16 Feb 2023 10:48:23

Bitcoin (BTC), the world's largest cryptocurrency continued its recovery rally on Thursday. Bitcoin price went on to surge by a whopping 10% over the past 24 hours, breaking the crucial $24k price level.

2. Mt. Gox's 2 Largest Creditors Pick Payout Option That Won't Force Bitcoin Selloff: Sources
Source:  Coindesk
Date:  Thu, 16 Feb 2023 11:00:16

The two largest creditors of failed crypto exchange Mt. Gox have picked a repayment option that could allay fears bankruptcy repayments will tank the price of bitcoin, sources say.

3. Why Bitcoin? Nigeria Faces Violent Protests Amid Cash Scarcity
Source:  CryptoPotato
Date:  Thu, 16 Feb 2023 13:15:33

The cash shortage in Nigeria has led to violent protests, leaving countless citizens injured and a few dead. 

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BTC-Negative News

1. Bitcoin? A load of crap, stupid and dangerous rubbish, says Berkshire Hathaway's Charlie Munger
Source:  Proactive Investors
Date:  Thu, 16 Feb 2023 09:59:05

Berkshire Hathaway Inc (NYSE:BRK.A)'s nonagenarian vice chair and Warren Buffett's lieutenant Charlie Munger has provided a few vague hints at his thoughts on bitcoin and cryptocurrency technology in a recent shareholder live stream with The Daily Journal, of which he is a board member. Munger, it seems, has a few bones to pick with the US not cracking down harder on “crypto shit”.

2. Bitcoin Trades Sideways After Inflation Comes in Slightly Hot
Source:  Coindesk
Date:  Thu, 16 Feb 2023 14:00:08

Bitcoin (BTC) is trading mostly flat after the Consumer Price Index (CPI) rose 0.5 percent in January on a seasonally adjusted basis. On a year-over-year basis, however, inflation was running somewhat hotter than expected, coming in at a 6.4% pace in January versus 6.5% in December and against predictions for 6.2%.

ETHEREUM (ETH)

Current Price:  $ 1,651.14 (24h Changes: -2.05 % )

Current Market Cap:  $ 199,052,466,664 (24h Changes: -1.95 % )

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ETH-Positive News

1. The Crypto Market's Golden Triangle: Ethereum (ETH), Solana (SOL), and RenQ Finance (RENQ)
Source:  CryptoNewsFlash
Date:  Thu, 16 Feb 2023 03:27:31

Investors in the crypto market are always on the lookout for the next big thing.

2. Ethereum Supply Deflation Hits New Record as Staking Withdrawal Update Draws Near
Source:  BeInCrypto
Date:  Thu, 16 Feb 2023 03:23:29

The Ethereum price has cranked to a five-month high today, while ETH issuance is at its most deflationary since the Merge occurred.

3. Ethereum Makes a Comeback—But Is Now a Good Time to Buy?
Source:  CoinPedia
Date:  Thu, 16 Feb 2023 07:13:10

The recent rise in Bitcoin's price has lifted the entire crypto space, which had been stuck in narrow ranges. The Ethereum price also rose above $1500 before being stymied by bears just below $1700. The bulls, on the other hand, maintain significant dominance but prefer to remain low-key for the time being.

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ETH-Neutral News

1. Co-Founder of Privacy-Focused Gnosis Chain Proposes Plan to Reduce Ethereum Dependency for GNO Token
Source:  Coindesk
Date:  Thu, 16 Feb 2023 03:08:49

Gnosis co-founder Martin Köppelmann flagged potential security issues in a proposal discussion on Gnosis' governance forums.

2. Top Crypto Strategist Predicts Bitcoin (BTC) Will Surpass Ethereum (ETH) at Lightning Speed
Source:  CoinPedia
Date:  Thu, 16 Feb 2023 01:32:15

Bitcoin has always been synonymous with cryptocurrency and has been the most valued in the industry for several years. However, in 2022 several people were claiming that with the merger ETH will take over BTC to be the king asset of crypto.

3. Can Ethereum reclaim $2,000 before March's Shanghai upgrade?
Source:  Finbold
Date:  Thu, 16 Feb 2023 08:34:00

The second-largest cryptocurrency by market capitalization, Ethereum (ETH), has climbed back above the $1,600 level as the decentralized finance (DeFi) asset saw a substantial flow of capital into its market capitalization in the last 24 hours.

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ETH-Negative News

1. Ethereum [ETH] capitulation soon? Look at these PoS metrics first
Source:  AMBCrypto
Date:  Thu, 16 Feb 2023 09:00:53

A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies.

2. Ethereum price prints 'death cross' after losing 13% versus Bitcoin from 2023 peak
Source:  Cointelegraph
Date:  Thu, 16 Feb 2023 10:14:39

ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators.

3. Short Trades Make up 90% of $200M in Losses as Bitcoin, Ether Surge
Source:  Coindesk
Date:  Thu, 16 Feb 2023 02:22:01

Bitcoin futures saw some $85 million in losses alone, data shows.

BINANCECOIN (BNB)

Current Price:  $ 305.58 (24h Changes: -3.9 % )

Current Market Cap:  $ 48,274,217,362 (24h Changes: -3.54 % )

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BNB-Positive News

1. Binance Coin Circles Above $315 And Takes Aim At Previous Highs
Source:  Coin Idol
Date:  Thu, 16 Feb 2023 07:42:00

Binance Coin (BNB) price is rising after breaking above the 21-day line SMA.

2. Binance Coin price analysis: BNB recovers to $320, what is next for the crypto?
Source:  Cryptopolitan
Date:  Thu, 16 Feb 2023 12:46:48

TL;DR Breakdown Binance Coin price analysis suggests consolidation at the current level before moving to the $350.00 mark The closest support level lies at the $303.40 mark BNB faces resistance at the $325.00 mark The Binance Coin price analysis shows that the BNB price action has made strong bullish movements to the $320.

3. Six key takeaways from the BNB Chain Tech Roadmap 2023
Source:  Cryptopolitan
Date:  Thu, 16 Feb 2023 04:16:35

In a recent blog post, BNB Chain unveiled a comprehensive technical roadmap to bolster its network decentralization, infrastructure for sidechains, and storage network to augment performance and efficiency this year. These are the six vital takeaways from the BNB Chain Tech Roadmap 2023.

CARDANO (ADA)

Current Price:  $ 0.39 (24h Changes: -4.86 % )

Current Market Cap:  $ 13,734,093,548 (24h Changes: -4.3 % )

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ADA-Positive News

1. Cardano Wallets Set to Seamlessly Integrate with Ethereum Smart Contracts
Source:  UToday
Date:  Thu, 16 Feb 2023 08:26:00

Sebastien Guillemot, CTO and co-founder of Milkomeda, has unveiled a new feature coming to the blockchain interoperability protocol: wrapped smart contracts. 

2. Cardano (ADA) Stablecoin Djed and Shen (SHEN) Added to This Platform as Borrowable Assets
Source:  UToday
Date:  Thu, 16 Feb 2023 10:50:00

The official Twitter handle of COTI Network, the emitter of Djed stablecoin developed on the Cardano chain by IOHK and COTI, has spread the word about Djed and its reserve token, SHEN, expanding their utility.

3. Cardano (ADA) Gains More than 5% as Whale Activity Soar on the Network
Source:  Crypto Economy
Date:  Thu, 16 Feb 2023 03:40:16

Cardano (ADA) network experienced a spectacular uptick in whale transactions since the start of February with an average of approximately

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ADA-Neutral News

1. Cardano News: ADA Co-founder Backs Contingent Staking Amid Increasing FUD
Source:  Coingape
Date:  Thu, 16 Feb 2023 05:23:32

Cardano News: Cardano Co-founder, Charles Hoskinson has expressed his disappointment with the stubborn take of people on staking and that they are misrepresenting contingent staking, which he announced last week for Cardano. He went on to clarify that a KYC regime is not implemented on Cardano through contingent staking and does not take the place The post Cardano News: ADA Co-founder Backs Contingent Staking Amid Increasing FUD appeared first on CoinGape.

2. Cardano founder says contingent staking critics don't ‘understand a basic concept'
Source:  Finbold
Date:  Thu, 16 Feb 2023 04:50:40

After proposing contingent staking to help the cryptocurrency market align with regulatory requirements, Cardano (ADA) founder Charles Hoskinson has faced a large number of questions and comments criticizing his model coming from the cryptocurrency community.

3. Cardano founder addresses concerns about contingent staking
Source:  AMBCrypto
Date:  Thu, 16 Feb 2023 13:30:10

Charles Hoskinson is certainly not new to controversy and criticism when it comes to matters related to the Cardano blockchain. The latest instance of criticism involves contingent staking, an idea that Charles recently talked about.

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ADA-Negative News

1. Cardano [ADA] faces price rejection at $0.
Source:  AMBCrypto
Date:  Thu, 16 Feb 2023 09:30:34

Cardano [ADA] posted a 10% hike on 15 February after Bitcoin [BTC] reclaimed the $24k zone. The impressive rally followed strong US retail sales in January.

RIPPLE (XRP)

Current Price:  $ 0.39 (24h Changes: -3.07 % )

Current Market Cap:  $ 19,666,936,064 (24h Changes: -2.71 % )

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XRP-Positive News

1. Ripple To Sponsor Fintech Initiative At U.S. Ivy League College
Source:  Bitcoinist
Date:  Thu, 16 Feb 2023 13:27:06

According to a press release shared with Bitcoinist, payment company Ripple became the newest sponsor for the “Fintech at Cornell” initiative. Launched by the Cornell SC Johnson College of Business, the initiative seeks to “encourage” innovation in the Financial Technology (FinTech) sector.

2. XRP (XRP) up 5% as Millions of Coins Shift Hands, Here's What's Happening
Source:  UToday
Date:  Thu, 16 Feb 2023 07:21:00

XRP (XRP) is among the high flyers in the digital currency ecosystem today with a number of unique on-chain transactions flagged for the payment token. The digital currency is currently valued at $0.4006, up 5.3% over the past 24 hours, per data from CoinMarketCap.

3. Altcoin Surge Explained as ADA, SOL, XRP and MATIC Rise up to 10%
Source:  Dailycoin
Date:  Thu, 16 Feb 2023 14:00:00

Investors watch Solana, Cardano, XRP, and MATIC in the crypto market as they experience varying degrees of growth.

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XRP-Neutral News

1. Ripple Lawsuit Building Up to Be a Watershed Moment for SEC Enforcement Policy
Source:  BeInCrypto
Date:  Thu, 16 Feb 2023 00:24:45

The outcome of the Ripple case with the SEC will likely have a major impact on the future of the agency's enforcement regime.

2. Ripple Vs. SEC: Forbes Journalist Files Motion For Access To Hinman Docs
Source:  Bitcoinist
Date:  Thu, 16 Feb 2023 02:00:53

Although all documents have already been submitted in the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) and all eyes are now on Judge Analisa Torres' decision, there has been a new motion with a potential massive impact. Forbes journalist Dr.

3. Ripple v. SEC: New Update Shared as Journalist Seeks Access to Hinman Speech: Details
Source:  UToday
Date:  Thu, 16 Feb 2023 03:21:00

Defense lawyer and pro-Ripple attorney James K. Filan has shared a new update with respect to the ongoing lawsuit between Ripple Labs Inc and the United States Securities and Exchange Commission (SEC).

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XRP-Negative News

1. Forbes Contributor Opposes SEC's Attempt To Seal Documents In Ripple Case 
Source:  CoinPedia
Date:  Thu, 16 Feb 2023 06:27:09

The Ripple vs SEC lawsuit is intensifying amid increased regulatory scrutiny of the cryptocurrency market in the United States. The New York State Department of Financial Services has already halted the continuation of Binance-backed BUSD stablecoin, and the Kraken cryptocurrency exchange has stopped offering staking programs after SEC's intervention.

SOLANA (SOL)

Current Price:  $ 22.56 (24h Changes: -4.57 % )

Current Market Cap:  $ 8,493,254,867 (24h Changes: -4.59 % )

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SOL-Positive News

1. The Crypto Market's Golden Triangle: Ethereum (ETH), Solana (SOL), and RenQ Finance (RENQ)
Source:  CryptoNewsFlash
Date:  Thu, 16 Feb 2023 03:27:31

Investors in the crypto market are always on the lookout for the next big thing.

2. What's Next for Solana (SOL) & Polygon (MATIC)-Here's the Fresh Targets!
Source:  CoinPedia
Date:  Thu, 16 Feb 2023 07:58:45

The crypto markets are rising today-most the tokens have surged by nearly 10%, breaking beyond their respective resistance levels. Altcoins also appear to be in a very strong position currently, displaying the possibility of a bullish breakout soon.

3. Crypto Prices Today: Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL)
Source:  Coingape
Date:  Thu, 16 Feb 2023 01:59:26

Crypto Prices Today: On-chain data confirms that the market is bullish, and today's price increase may not be a temporary rebound. As of writing, Bitcoin price increases by a massive 11.50% in the last 24 hours.

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SOL-Neutral News

1. Zeta integrates Chainlink Price Feeds on Solana's mainnet: all the details
Source:  The Cryptonomist
Date:  Thu, 16 Feb 2023 02:59:14

Blockchain oracles are at the heart of many decentralized finance protocols. They provide applications like Zeta with secure and reliable financial data that can be used on-chain, enabling the creation of innovative and open financial products.

2. VIDEO: Chatting crypto and podcasts with Solana Foundation's Austin Fedara
Source:  Invezz
Date:  Thu, 16 Feb 2023 05:22:11

After hosting a podcast for close to a year now, yesterday I got to interview a fellow podcast host for the first time. Austin Federa is the head of communications at the Solana Foundation, but also hosts the Validated podcast, a web3 podcast re-launched last year.

AVALANCHE (AVAX)

Current Price:  $ 18.93 (24h Changes: -4.83 % )

Current Market Cap:  $ 5,959,842,600 (24h Changes: -5.02 % )

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AVAX-Positive News

1. Crypto news for Avalanche (AVAX): +1,500% for transaction volume in 2022
Source:  The Cryptonomist
Date:  Thu, 16 Feb 2023 09:25:37

Such activity came even as the TVL of DeFi on Avalanche slipped from a peak of $15 billion in 2021 to just over $900 million in November 2022.

2. Biggest Movers: MATIC Hits 10-Month High as AVAX Extends Recent Gains
Source:  Bitcoin
Date:  Thu, 16 Feb 2023 11:30:13

Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high.

3. Avalanche price rebounds even as DEX and NFT volume retreats
Source:  Invezz
Date:  Thu, 16 Feb 2023 04:08:47

Avalanche's (AVAX/USD) DEX volume is struggling even as DeFi protocols stage a comeback in 2023. These trends point to significant challenges in the ecosystem as it attempts to take market share from the likes of Ethereum, BNB Chain, Polygon, and Arbitrum. Avalanche DEX volume retreats Avalanche is one of the top Ethereum-killers in the industry.

COSMOS (ATOM)

Current Price:  $ 13.65 (24h Changes: -4.04 % )

Current Market Cap:  $ 3,986,540,151 (24h Changes: -3.9 % )

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ATOM-Positive News

1. Cosmos Hub To Initiate Rho Network Upgrade Today
Source:  Crypto Daily
Date:  Thu, 16 Feb 2023 04:30:00

Cosmos Hub is set to undergo its Rho upgrade today, which will be executed at block height 14099412. The update will add a global fee module which will improve the security of the Cosmos Network.

2. CoinTracker expands crypto tax solution to Arbitrum, Optimism, and Cosmos
Source:  Invezz
Date:  Thu, 16 Feb 2023 09:04:34

CoinTracker, the leading cryptocurrency tax and portfolio tracker tool, has expanded its solution to Arbitrum, Optimism and Cosmos blockchains. With this multichain support, even more crypto users can now handle their digital asset tax filing seamlessly across different blockhains, the CoinTracker team said in an announcement.

3. Coin Bureau Reveals Top Altcoin Picks Including Cardano, Monero, and Two Additional Crypto Assets
Source:  The Daily Hodl
Date:  Thu, 16 Feb 2023 10:30:13

Guy Turner from Coin Bureau is revealing his top four altcoin picks, including Cardano (ADA) and Monero (XMR). In a new interview on the CryptoBusy podcast, Turner says Cardano's blockchain upgrades and passionate community earns it a place on his top-four list. “I'd go for ADA at the moment. Yeah, it's got its problems.

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ATOM-Neutral News

1. Cosmos (ATOM) Price Rebounds but Is Not out of the Woods Yet
Source:  BeInCrypto
Date:  Thu, 16 Feb 2023 10:30:00

The Cosmos (ATOM) price is likely still correcting the increase that ended with the Feb. 3 high

POLKADOT (DOT)

Current Price:  $ 6.43 (24h Changes: -2.47 % )

Current Market Cap:  $ 7,727,111,123 (24h Changes: -2.18 % )

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DOT-Positive News

1. Polkadot price analysis: DOT floats at $6.63 as bulls strive to continue their lead
Source:  Cryptopolitan
Date:  Thu, 16 Feb 2023 02:16:05

The Polkadot price analysis for today suggests bulls are seeking to redirect the negative pressure. On February 14, 2023, despite the sharp declines seen earlier, bulls made a comeback, providing support for the DOT/USD price at the $6.12 level.