Thursday, January 4, 2024
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Bitcoin experienced a nearly 10% drop early Wednesday, coinciding with the release of a Matrixport report predicting the SEC's rejection of all spot BTC ETF applications this month.
According to a K33 Research analyst in an interview, the market's pullback was more likely a result of a "typical leverage flush," prompted by overheating conditions, rather than influenced by any individual viewpoints. In other news, Etherscan acquires Solscan, Vitalik emphasizes the significance of ENS, and South Korea's Financial Services Commission has proposed a ban on citizens using credit cards to purchase cryptocurrencies.
Read on! | | | | Among the 100 biggest crypto by market cap, 92 recorded gains last year.
2023 ended with Bonk as the top gainer (+7,303%), far ahead of blue chips Bitcoin (+163%) and Ethereum (+99%). | | |
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Etherscan, a leading block explorer, has recently acquired Solscan, a prominent block explorer within the Solana ecosystem.
This strategic move aims to enhance the accessibility of blockchain data across various networks, according to the company's announcement. With this acquisition, Etherscan intends to integrate beneficial features from both Etherscan and Solscan, as stated in their announcement today.
The Block | | Importance of an Identity
ENS, the governance token linked to the Ethereum Name Service project, surged by over 50% on Wednesday following Ethereum co-founder Vitalik Buterin's endorsement of the service as "super important."
The Ethereum Name Service (ENS) platform facilitates the purchase of domain names on the Ethereum blockchain.
These domains serve as alternatives to alphanumeric wallet addresses and enable users to send and receive funds seamlessly.
CoinDesk | | Korea Says No to Crypto Credit Cards South Korea's top financial regulator, the Financial Services Commission, has proposed an amendment to its credit finance act today. This amendment seeks to prevent local citizens from purchasing cryptocurrencies using credit cards.
The primary goal of this amendment is to restrict crypto traders from accessing foreign crypto exchanges for purchasing cryptocurrencies, as stated by the regulator.
The Block | | | Buidl Your Own AI Crypto Chatbot
Fortunately with drag-and-drop editors, advanced coding skills are no longer required to create an AI crypto chatbot based on a language learning model (LLM).
In this low-code, beginner friendly tutorial, we'll cover how to easily develop and deploy your own AI crypto chatbot with Flowise, OpenAI and CoinGecko API! | | | Top 10 Trending Crypto Pools | |
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