• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Tuesday, June 3, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Breaking Crypto Market Update: Overnight Shifts You Need to Know – January 18th Review

Per Lindström by Per Lindström
January 18, 2024
in News
Reading Time: 3 mins read
0
Share on TwitterShare on Facebook

Cryptocurrency Market Dynamics

Bitcoin (BTC), according to the TradingView resource, started Thursday with a decline. As of the time of writing, the cryptocurrency is trading at $42,588. The 24-hour minimum for Bitcoin is $41,848, the maximum is $43,013.

 

The second largest cryptocurrency by capitalization, Ethereum, started the day with a decline, followed by a recovery to previous levels. As of the time of writing the review, the coin is trading at $2,48216.

In the top 10 cryptocurrencies ranked by market cap, the only coin that showed positive dynamics was Solana (+0.17%). The best result for the week was shown by BNB (+0.96%). The largest losses per day (-2.90%) and seven days (-10.20%) were recorded for Cardano.

In the top 100 highest ranked by market cap, the best result for the day was recorded by dYdX (ethDYDX) (+5.41%) and for the week – by Sui (+39.54%). Over the past 24 hours, THORChain (-10.96%) lost its price more actively than others. The largest losses for the week were recorded at Bonk (-17.84%).

 

Latest Crypto Updates – January 18

 

–Representatives of Coinbase appeared in the New York District Court and answered questions from the prosecution – the US Securities and Exchange Commission (SEC).

In June 2023, the SEC accused Coinbase of operating without registration. According to the regulator, the crypto exchange offered clients tools for conducting transactions with unregistered securities in the form of cryptocurrencies. According to Coinbase representatives, the trading platform has never stated that transactions in digital assets cannot be regarded as investment contracts. At the same time, the platform team drew attention to the fact that the SEC did not present any charges in its lawsuit that would satisfy the definition of an investment contract.

Coinbase, in turn, is trying through the court to get the Commission to formulate transparent rules for regulating the digital asset market. Representatives of the trading platform are in favour of dismissing the case and accuse the SEC of “regulating through coercion.” During the hearing, the judge did not decide to dismiss the case.

 

–Bitcoin’s hash rate—the total amount of computing power connected to the cryptocurrency network— has plummeted 34%. The indicator fell due to the shutdown of mining installations in Texas due to a significant drop in temperature.

Let us remember that America is the largest mining center. The United States acquired this status against the backdrop of the migration of miners from China after the country’s regulators introduced restrictions on the extraction of digital assets in the spring of 2021.

 

-Former US President and candidate for the post of head of the country in the 2024 elections, American politician Donald Trump, spoke out against central bank digital currencies (CBDC). He made this statement as part of his election campaign.

If he gets the presidency, the politician promised to prohibit the American Central Bank from creating and launching a CBDC. He sees the central bank’s digital currency as a tool to control citizens. Previously, other candidates for the US presidency made similar promises.

Tags: bitcoinCBDCCoinbaseCrypto MarketEthereumTrump 2024
Previous Post

DYDX Rockets Past $3, Gearing Up for Major Rally

Next Post

Ethereum (ETH), Solana (SOL) and Ripple (XRP) investors are buying into the Pushd (PUSHD) presale

Related Posts

bitcoin btc
Featured

K33 Begins Bitcoin Buying with 10 BTC Purchase for Treasury Strategy

June 3, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory
News

Binance Beats SEC—Crypto Cheers the Legal Victory

June 2, 2025
Cardano Tanks 50% From Highs—Hope or Hype Ahead
News

Cardano Tanks 50% From Highs—Hope or Hype Ahead

June 1, 2025
Solana Price Prediction:Is the $200 Dream Dead
News

Solana Price Prediction:Is the $200 Dream Dead?

May 31, 2025
Featured

Netflix Casts Leads for FTX Drama

May 30, 2025
Featured

Trump’s Meme Coin Dinner Under Investigation

May 29, 2025

Press Releases

Binance Beats SEC—Crypto Cheers the Legal Victory
News

Binance Beats SEC—Crypto Cheers the Legal Victory

by Alex Mercer
June 2, 2025

Introduction From courtroom drama to crypto karma, Binance is having a moment. The SEC has officially pulled the plug on...

Read more
Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

Bitcoin Gains Ground as Job Market Wobbles—Digital Gold to the Rescue?

May 25, 2025
Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

Altcoin Season Is Loading—But First, Let Bitcoin Do Its Thing

May 23, 2025
Dogecoin’s Ready to Bark Again—Could $0.30 Be the Next Fetch?

Dogecoin Ready to Bark Again—Could $0.30 Be Next

May 20, 2025
Ethereum Climbs While PEPE Reloads—Who's About to Explode

Ethereum Climbs While PEPE Reloads—Who’s About to Explode?

May 18, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier