Januar 2023

ADA Price Soars as Cardano Network Developments Drive Growth

-The hype around the upcoming Djed stablecoin launch, among others, has played a part in driving ADA price up over the past weeks in January. -The Cardano community is anticipating upcoming launches that would enhance the network and Smart Contract capabilities. -The new improvement proposal known as CIP-30 would allow the integration of web-based wallet …

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59% of Bitcoin Holders Now Profitable as Price Action Recovers

• 59% of Bitcoin holders are currently profitable as the coin trades above the Realized Price. • On-chain data shows that the Realized Price of Bitcoin is around $19,700. • 38% of market participants are out of the money, while Bitcoin price action is recovering. As the crypto market continues to evolve and expand, investors …

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Altcoins On the Rise: Bitcoin’s Dominance By Volume At Lowest Level in Years

• Altcoin volume dominance recently touched a high of 64%, while Bitcoin dominance dropped to 16%. • This suggests that BTC has lost its market share to altcoins recently. • A chart shows the trend in the dominance by volume for Bitcoin and the altcoin sector. The cryptocurrency market has been abuzz in recent days …

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