Get Smarter About Crypto

₿itcoin reached $40,040.

♢Ethereum reached $2,220.

What we will talk about today...

🔄📉 Why Bitcoin’s Price Dropped and How to Profit from It.

🚀🌐 The Future of Blockchain: Solana’s Token Extensions Offer Solutions for Every Industry.

💢🤑 Best Cheap Crypto to Watch: 7 Coins Under 1 Cent.

Bitcoin ETFs: The Good, the Bad, and the Ugly. What You Need to Know Before You Buy

Bitcoin’s trip has been a ride lately, going down but showing a possible bounce back. The show begins as the United States sees its first spot Bitcoin exchange-traded funds (ETFs), making changes in the crypto world. BTC’s recent fall to $38,500 moved the waters, but signs say the storm may be ending.

📉 ETF Changes and Grayscale Trouble

As the show starts, ETF money is the main thing. The Grayscale Bitcoin Trust (GBTC) loses money, maybe because of the ETF start. Investors, once ‘stuck’ in GBTC, now have a way to leave, making a change in how things work. But, some say that the lower pressure on Bitcoin is more complicated, involving FTX sales and other things.

💹 On-Chain Numbers Show Surprises

In a surprising turn, on-chain numbers, especially the Advanced Network Value to Transaction (NVT) Signal, come into the focus. It shows that recent money moves are very low compared to Bitcoin’s market value. This fall makes a move to the lowest difference level, saying that $38,500 may be a fake low point. A surprise not seen since the 2022 low market.

💪 Holders’ Strength Tested

The story gets more interesting as even the old holders, holding no matter what, face a test of belief. Long-term holders (LTHs), holding for 155 days or more, sent coins to exchanges at a loss. This is like a similar move during Bitcoin’s fall from its two-year highs after ETF started. Analysts watch carefully, wondering if LTHs are close to a bigger give-up.

🔮 Unsure Times and Bitcoin’s Way Ahead

As the story goes on, doubt stays. Will Bitcoin get back from the ETF fall, or are there more problems ahead? The story says a possible bounce back, but care stays. The crypto stage keeps changing, and Bitcoin’s trip keeps getting attention, keeping people excited.

Subscribe & Join Us as we uncover the fascinating crypto mysteries.

The Future of Blockchain Is Here: Solana’s Token Extensions Offer Solutions for Every Industry

Solana Labs made a big change in the blockchain world by starting token extensions, a big step in making the SPL Token better. These extensions, made by the Solana network, give a new set of solutions for businesses that want to use distributed ledger technology, with a focus on safety, rules, and easy interactions.

🚀 Making Blockchain Better with Solana’s Token Extensions

Solana’s new token extensions are not just a technical change; they are a way to make more people use blockchain. Helping different industries, like stablecoins, real-world assets (RWAs), and payments, these extensions give a lot of features. From transfer hooks and fees to private transfers and non-transferability, each feature has a special purpose, giving control over token interactions and making sure they follow the rules.

Anatoly Yakovenko, Solana Labs’ co-founder and CEO, showed the importance of this step forward. “Token extensions add to the things that make Solana the best place for developers,” Yakovenko said. “Solana is the first network to give this level of combined developer and user experience in a single token program. We’re already seeing the chance to build using token extensions with projects from some of the most known names in crypto.”

🌐 Early Users Lead the Way

Leading the way in using these new token extensions are big companies like Paxos and GMO-Z.com Trust Company Inc. Paxos made its stablecoin bigger on Solana in December 2023, as Bitcoin.com News said. Circle, another big player, started its EURC stablecoin on Solana in the same month. GMO Trust joined in, starting the first regulated Japanese yen stablecoin with a U.S. dollar stablecoin on the Solana platform.

Sheraz Shere, head of payments at the Solana Foundation, showed Solana’s attraction to big companies that want to join the Web3 world. “With token extensions, we are making more things possible for big companies to use blockchain by giving features that matter to them,” Shere said.

📈 Solana’s Crypto Trip: Performance Details

Solana’s own cryptocurrency, SOL, has gone up 3.3% in the last 24 hours, even though it went down 10% in the last week. In the last month, SOL went down 22% in value compared to the U.S. dollar. But, a bigger view shows a great 246% rise in the last six months, pushing SOL back into the top five cryptocurrencies by market value after a short break during the crypto winter.

🌌 Solana’s Future Looking Good

As Solana makes new things possible with its big token extensions, the blockchain world is changing. The recent changes in SOL’s value add some excitement, making Solana’s trip one to watch as it keeps making the future of decentralized technology.

Best Cheap Crypto to Watch: 7 Coins Under 1 Cent - January 25 Update

As the crypto market gets better, investors are looking for low-cost coins that could go up a lot in the next bull run. This article shows seven digital gems priced under 1 cent, giving a possible way to the next big thing in the crypto world.

🌐 1. Blur (BLUR): Strong in the Hard Times

After the recent Bitcoin crash, Blur (BLUR) has shown great strength, keeping support at $0.58. With clear signs of a move up to $1.5, BLUR is staying away from problems. Trading at $0.660479, it has a 13.77% increase in the day, with a market cap of $257.76 million, making sure it has high trading. Investors are hopeful, making BLUR a good choice for possible gains.

🚀 2. Sei (SEI): Good Recovery and Positive Feeling

Sei (SEI) is getting better, keeping support at $0.55 and having a 14.08% increase at $0.658906. With a 30% jump in trading volume to $972.47 million, SEI has a market cap of $1.60 billion and a balanced Fear & Greed Index at 48, showing positive feeling. Good basics and community support make SEI ready for future growth, maybe going over $1.003 by 2024.

🛰️ 3. Astar (ASTR): Ready for a Big Trip

Astar (ASTR) has support at $0.18 and is ready to go over $0.50, going up by 10.35% to hit $0.174664. With a market cap of $961.61 million and a 0.06% share, ASTR shows positive feeling and high trading. Good trends, a yearly supply increase rate of 45.10%, and a 245% price increase in the past year make Astar a coin to watch.

⛓️ 4. VeChain (VET): Making New Things for User Control

VeChain (VET) works with Ledger Live, giving users direct control over their money without middlemen. Trading at $0.00001120, VET shows good trends, trading above the 200-day moving average. With a market cap of $709.41 million and a 63.33T token in the market, VeChain is doing well in lasting and growing.

🚀 5. Kaspa (KAS): A Strong Comeback Story

Kaspa (KAS) is making a strong comeback, keeping support at $0.095 and looking at $0.15. Trading at $0.101782, it has a big 7.40% rise in the last 24 hours. With a market cap of $2.28 billion and a great 1,553% increase in the past year, Kaspa’s excited community and strong basics make it ready for growth.

💡 6. Bitcoin Minetrix (BTCMTX): Making New Things for Cloud Mining Credits

Bitcoin Minetrix makes a new way, letting users stake BTCMTX tokens for cloud mining credits. With a staking pool getting attention and a great APY of 103,225%, BTCMTX gives a new view in the crypto world.

🌌 7. Cronos (CRO): Hoping for Growth in 2024

Cronos’ CRO token is in the focus for possible growth in 2024. Analysts guess a positive trend, seeing CRO’s price going over $0.3952. Showing network working and smart plans, Cronos is expected to keep steady trading, with a lowest price guess of $0.2261 and an average of around $0.2818.

🌐 Making a Way in the Crypto World

As the crypto world changes, these low-cost coins under 1 cent give a look at possible chances. From strength and recovery to new things and growth guesses, each coin tells a different story in the big crypto world. Keep an eye on these gems as they go through the changing world of decentralized chances.

CAN YOU PREDICT THE PRICE?

HOW DID WE DO? 🤷

Stay tuned for more twists and turns in the crypto world & Happy Investing🚀💎