News

🌐 Sony Launches Soneium Layer-2 Blockchain With Two Major Projects

Japanese tech giant Sony has officially launched the mainnet for its Layer-2 blockchain, Soneium, alongside two groundbreaking projects. With this move into the blockchain space, Sony aims to empower fans and creators, fostering global connections while safeguarding their rights. The debut projects on the Soneium network include an NFT-based fan marketing platform and a revamped crypto exchange services platform.

🏛 JPMorgan Breaks Silence on Solana and XRP ETF Possibilities

JPMorgan has dropped a positive hint at the adoption of Solana ETF and XRP ETF, while considering the success that the current US Crypto ETFs have achieved within a year. As a result, SOL and XRP tokens have picked up upside momentum, showing signs of an upcoming rally. Moreover, the development comes amid speculation that Donald Trump’s administration will greenlight new crypto ETFs already submitted to the U.S. Securities and Exchange Commission (SEC).

🇸🇻 El Salvador Crypto News: President Bukele Plans Bitcoin Nodes in Every Home

From buying one BTC a day, El Salvador President Nayib Bukele is taking the country’s crypto plans to the next stage with the goal of having a Bitcoin node at every home. Max Keiser, the senior Bitcoin advisor to President Bukele, revealed the key news about plans to transform the country into a full-blown BTC ecosystem this year.

Markets

📊 Crypto Prices Today Jan 14: Bitcoin Rebounds to $95K, FARTCOIN Surges 42%

Crypto prices today are showing signs of recovery after a sudden crash on Monday. Bitcoin price dropped to a low of $89K, its first dip to this level in 24 days, as traders await the upcoming U.S. CPI report. Major altcoins mirrored Bitcoin’s movement, with many falling by approximately 10% or more in the last 24 hours.

FARTCOIN emerged as the top gainer in the last 24 hours, surging by 42%.

The global crypto market cap stands at $3.29 trillion. Yesterday, around $150 billion was wiped off from the overall market capitalization. Trading volume saw an exponential jump of 127%, now reaching $174 billion.

🚀 8 Reasons To Be Bullish on Bitcoin Price Despite Recent Crash

Bitcoin price suffered a brutal crash on Monday, pushing it below $90,000. This crash liquidated nearly $820 million worth of positions in 24 hours. Despite this, the price is up 7% from the January 13 bottom of $88,909 and is likely to continue its ascent without any major dips. With such a strong comeback, analyst explains eight reasons why crypto markets are bullish and will continue to be.

🐋 Ethereum Whales Buy 1 Million ETH As Price Dips Below $3,000

Ethereum (ETH) has dropped nearly 30% since December 16, 2024, due to Bitcoin’s (BTC) crash under $90K on Monday. The sudden collapse in BTC and the broader crypto market seems to have created an opportunity for whales to accumulate. According to on-chain data, the supply held by whales has grown by more than 1 million ETH since then. With this bullish development, what’s next? A sustained bottom formation or a swift rally beyond 2024 highs? Let’s explore.

🌐 2024 at a Glance in Web3 🌐

The year 2024 was transformative for the Web3 ecosystem, witnessing rapid advancements, significant market shifts, and evolving regulatory landscapes. This analysis highlights the key crypto trends that have defined the year, supported by relevant data and insights, providing early to medium-scale crypto investors with a comprehensive understanding of what has transpired in the Web3 space.