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The recent rally in the cryptocurrency market, led by Bitcoin, has generated a wave of optimism among investors. However, it's important to keep the big picture in mind and not be swayed by short-term gains. The crypto market is still struggling, and the current rally, while impressive, is a far cry from the highs of late 2021. Given the current market backdrop, then, what are some of the best cryptos to buy today? The Federal Reserve, through its interest rate policy , has a significant impact on all markets, and Bitcoin and the general crypto market are no different. During the past decade, central banks worldwide adopted a dovish stance, which allowed for the cheap money that fueled the rise of high-risk assets, including Bitcoin . However, as central banks shifted to a hawkish stance, the value of these assets plummeted, leading to a corresponding downfall of Bitcoin. The current rally in the crypto market is driven by the hope that monetary policy will eve...

Join Our Telegram channel to stay up to date on breaking news coverage The electric vehicle (EV) movement is taking the world by storm, as individuals and organization race to bring down their carbon footprint. According to the latest projections, the EV market size is set to grow to be worth $1,108 billion by 2030 with the EV charging industry at the center of it all. Intertwined with the EV market, is the carbon credit industry, estimated to be worth 2.4 trillion by 2027. The idea of the carbon credit industry is to incentivize big corporations to limit the emission of carbon dioxide and other greenhouse gases. Companies producing EVs quickly became the biggest players in the carbon credit industry, which has grown to be much more valuable than the electric vehicle market. Unfortunately, people buying these vehicles are locked out of the lucrative carbon credit industry—left in the hands of large corporations like Tesla, General Motors, Ford, and BMW. On the bright sid...

While Bitcoin [BTC] has been busy eyeing $24K, lesser-known coins were rising up in the charts. Now, the MINA token, a crypto asset has been making the rounds for bagging double digital gains today. At press time, MINA was trading for $0.84 with a 24.62% surge over the last 24 hours. It should be noted that MINA is currently the best-performing asset in the cryptocurrency market. The altcoin rally from a low of $0.6539 all the way to a high of $0.9176 got the community speculating if its next stop was at $1. Source: Trading View As seen in the above chart, MINA moved past significant resistance levels of $0.766 and $0.821. However, the asset witnessed a slight setback. If this trend persists, MINA could plummet to its immediate support levels of either $0.627 or $0.518. It is important to note that that asset rallied close to 125% since Jan. 1, 2023, and reached a value last observed on August 2022. The community was optimistic about cryptocurrency and its jour...

Image Source: Pixabay The state of New York has announced a new bill that would allow agencies to accept crypto currency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state. Introduced on January 26 by Democratic Assembly Member Clyde Vanel, the New York State Assembly Bill A523 legislation suggests changes to the state’s current financial law to allow for the use of cryptocurrencies in payments to state agencies. More specifically, the bill allows state agencies to enter into “agreements with persons to provide the acceptance, by offices of the state, of crypto currency as a means of payment” for various types of fees, including “fines, civil penalties, rent, rates, taxes, fees, charges, revenue, financial obligations or other amounts, including penalties, special assessments and interest, owed to state agencies.”  The bill defined "crypto currency " as any form of digit...

Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa. About two months after the FTX collapse, the Solana network is stronger than ever, according to Austin Federa, head of strategy and communications at the Solana Foundation.  Federa defines the recent SOL token price crash as a short-term market reaction to the perceived connection between Solana and the defunct crypto exchange FTX. While FTX founder Sam Bankman-Fried was invested in many Solana-based projects, Federa pointed out he didn’t have any influence on the network’s operations and fundamentals.  “The external perception was that there was a very close relationship between the Solana network and FTX, which wasn’t the case,” Federa explained in a recent interview with Cointelegraph.  According to a recent report by Electric Capital, the Solana network has been experiencing a record inflow of Developers contrib...

The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB) has imposed an administrative fine of €3,325,000 (over $3.6 million) on Coinbase Europe Limited, on Jan. 18, 2023. An announcement explained the penalty with the exchange offering crypto services in the Netherlands in a past period without registering with the central bank. That, according to the regulator, constitutes non-compliance with Dutch rules as companies that want to provide crypto-related services are required to register with the DNB under the country’s Anti-Money Laundering and Anti-Terrorist Financing Act. The monetary authority further detailed that the base amount for this category of fines is €2 million wh...

Source: Moonbirds Kevin Rose, the co-founder of Moonbirds non-fungible tokens (NFTs) and the CEO of Proof Collective, has fallen victim to a phishing attack due to which he lost about $1.1 million worth of tokens. Some of the stolen NFTs include The Currency artwork by popular British artist Damien Hirst, one Autoglyph, 25 Art Blocks, one Cool Cat, as well as nine OnChainMonkey tokens, among others.  "I was just hacked, stay tuned for details - please avoid buying any squiggles until we get them flagged (just lost 25) + a few other NFTs (an autoglyph)," the entrepreneur said in a tweet.  In a thread retweeted by Rose, Arran Schlosberg, the vice president of Proof Collective, provides his take on how the hacker managed to seize control over the businessman’s NFT collection.  On the evening of January 25, Rose "was phished into signing a malicious signature that allowed the hacker to transfer a large number of high-value tokens. Here is a breakdown...

A Dogecoin price prediction seems to be quite important, especially considering the rally in the past few days. Dogecoin (DOGE), the first meme cryptocurrency, caused quite a stir in the cryptocurrency market. The asset received enthusiastic backing from multi-billionaire Elon Musk, who also contributed to keeping its name in the community. As a result, Musk’s actions had a direct impact on the price of DOGE. His recent Twitter acquisition had a significant impact on the asset’s value. Read more: Mutant Ape Planet Alleged Defrauder Taps Bernard Madoff Lawyer The meme coin has gained over 10.9% in value over the last 24 hours according to CoinMarketCap data. The meme coin has lost 5% value over the last 24 hours. As 2023 started off with a bang, here is our price prediction for Dogecoin for February 2023. Source: CMC Dogecoin price prediction for February 2023 At press time, DOGE is trading at $0.8402, as the market has slumped with ETH and other major alts d...

Join Our Telegram channel to stay up to date on breaking news coverage The price of Loopring has increased by 4.44% in the past week. The price of Loopring (LRC) has decreased today, currently at $0.292924 at press time with a 24-hour trading volume of $169,003,201. However, the price indicates a drop of -1.1% in the last 24 hours. The circulating supply of LRC coins is 1.2 billion, with a total supply of 1373873397.44246.  Loopring Protocol Partnership with Protocol Gemini Earlier in the week, the loopring protocol announced its partnership with the Gemini protocol to bring their cutting-edge Web3 games to Ethereum’s Layer 2 solutions. Gemini will elevate on-chain experiences by integrating augmented reality games, metaverses, and escape room experiences.  Their mission will be to empower players to build communities and infrastructure without restrictions by connecting decentralized and virtual worlds to the real-time environment. Perhaps this is the reason t...

Tamadoge is the top-performing major meme coin today, trading up 19% at $0.0176, after announcing its first game – Super Doge – will launch this week. Tamadoge currently has five games in beta testing in its Games Arcade, which makes it somewhat different to the run of the milll memes coins lacking in utility. Play-to-earn giant Axie Infinity is up 33% in past 7 days – helps lift TAMA? Interest in the coin is perhaps being rekindled by the performance of the standout play-to-earn coin Axie Infinity, helping to refocus investor and trader attention on coins in the P2E games sector.  AXS is up 33% in the past seven days although is down 7% today at $11.90. Axie is the original P2E success story, but following the $650 million Ronin bridge hack the price collapsed and many users fled the game.  There are signs of that changing with a revamped game that has addressed some of the flaws in the original, which seemed to emphasise attracting specu...

Join Our Telegram channel to stay up to date on breaking news coverage On Friday, the battle to add block 772,793 to the Bitcoin blockchain was won by a lone Bitcoin miner with an average hashing rate of just 10 TH/s (terahashes per second). Since the total hash rate of Bitcoin at the time the block was added was just over 269 exahashes per second, the single miner ’s hash rate of 10 TH/s only accounted for 0.000000037% of the computing power used to create the block chain. Simply put: It was a very unlikely victory for a single miner. The lone miner was the first to generate a legitimate hash for the block to be mined despite the fact that the odds were stacked against them. 98% of the total 6.35939231 BTC authorized for the block reward and fees went to the miner as compensation. The remaining 2% was sent to Solo CK Pool, an online mining platform that enables solitary mining. Randomness and probability in Bitcoin are wired for good fortune and labor A valid hash f...

Image Source: Pixabay New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'. The New York State Department of Financial Services (NYDFS) will also require state-regulated firms to disclose how they account for clients' digital currency, Reuters reported Monday, citing Adrienne Harris, the superintendent of NYDFS.  "It's timely, but truth be told, it was something we had on our policy roadmap even before FTX," Harris reportedly said.  The move comes amid reports that there was co-mingling of funds between the now-bankrupt cryptocurrency exchange FTX and its trading arm Alameda Research. Alameda was able to quietly use customer funds from FTX using a backdoor that allowed the loan to fly under the radar of investors, employees, and auditors. John Ray III, the new CEO of collapsed crypto exchange FTX, has also claimed that FTX and Alam...

Join Our Telegram channel to stay up to date on breaking news coverage Most cryptocurrency experts believe that the next bull run will take place by the end of 2023 and continue in the first quarter of 2024. With this in mind, investors are keen to get into crypto now while the prices are low. Lucky for them, several projects are currently in their presale stages and going for affordable prices before listing. They feature among our top crypto gainers today alongside APT and APE. Top crypto Gainers Today Aptos (APT) Aptos (APT) started a positive rally on December 30, 2022. Bouncing off the $3.0 support floor, the price has ascended by over 264% in the last 30 days and 254% in the last two weeks. After gaining almost 7% in the last 24 hours to trade at $13.65, the APT coin Features among the top crypto gainers today.  APT/USD Daily Chart TradingView Chart: APT/USD At the time of writing, APT was trading at $13.6 as bulls dominated the market. The weekend rally builds ...