Bitcoin started the new year trading in the same narrow range that it occupied for the last two weeks of 2022...The price of exchange tokens tends to follow the news and has been unaffected by potential SEC actions. JPRubin23 and TheSamReynolds report
Bitcoin Celebrates the New Year With Old PricingAs investors savored the waning hours of the extended New Year's holiday weekend, bitcoin plugged along in the same narrow range it occupied for the last 15 days of 2022.
"The crypto community won't be sad to see the back of 2022 and who can blame them?" quipped Craig Erlam, senior analyst at foreign exchange market maker Oanda, in a recent email."Who knows what's to come in 2023 but at the very least, they'll be hoping to put the FTX scandal behind them and focus once more on innovation and adoption."
SOL, the native cryptocurrency of embattled blockchain platform Solana, continued a surge that began last week when Ethereum co-founder Vitalik Buterinpositively about the protocol. SOL was recently up 13%, although at just above $11, it has lost 93% of its value from a year ago when it was trading over $176 – a result of its entanglement with the imploded Terra ecosystem and FTX.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies – Regulation Bitcoin NewsRich Dad Poor Dad author Robert Kiyosaki is buying more bitcoin. He warned that SEC regulations will 'crush' most cryptocurrencies. crypto $BTC
Read more »
Valkyrie Reveals Intention to Sponsor Grayscale's Bitcoin Trust as GBTC Discount to NAV Widens – Bitcoin NewsValkyrie, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale's Bitcoin Trust (GBTC).
Read more »
2024 Maserati GranTurismo Folgore First Drive: First StrikeFor its “lightning” electric sub-brand, Maserati transfers racing technology to a swift, elegant grand-touring coupe.
Read more »
This Is Why Rich Dad, Poor Dad Author Buys Bitcoin Instead of AltcoinsThe US SEC will go after most altcoins since they are actually securities, said Kiyosaki.
Read more »
Ripple-SEC Settlement Expected by Community in 2023: CryptoLaw Founder's PollFounder of CryptoLaw says his earlier prediction on Ripple case outcome could be proven wrong at any moment
Read more »