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Top Cryptocurrency News Today – Bitcoin, Ethereum, Shiba Inu, Dogecoin, Binance coin, Bitgert & Centcex

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Top Cryptocurrency News Today – Bitcoin, Ethereum, Shiba Inu, Dogecoin, Binance Coin, Bitgert & Centcex


from Analytics Insight
January 13, 2022

Here’s what is happening in the market today in regards to the top cryptocurrency

The cryptocurrency market took a breather this week with most crypto coins now in recovery mode and doing very well. Although the total volume of crypto has decreased, global market capitalization has increased. But the market seems to be alive today and larger price jumps are expected in the future. What do the top cryptocurrencies look like today? Here’s what is happening in the market today in terms of the top cryptocurrencies.

1. Bit device

Bitgert has been doing very well in the market since last year, although the start of the staking process in the first week of December put the cryptocurrency on an upward trend. 2022 was a great year for the project, and its market value has grown rapidly, especially after the slump. Bitgert is still one of the most dynamic cryptocurrencies today, despite having fallen 2% in the past 24%.

The upcoming Brise Exchange, which launches in the first quarter of 2022, has been one of the factors driving the current growth. Most investors, however, are looking at the coin’s bullish growth expected following the introduction of the groundbreaking zero gas fee blockchain. Bitgert is one of the top cryptocurrencies to watch out for this year. More about the project on the Bitgert website.

2. Centcex

Centcex is one of the newest cryptocurrencies on the market and was launched on November 19, 2022. CENX was one of the few token moonings in the first week of January. Today, cryptocurrency is up over 6% in the last 24 hours of this writing.

The high token utility value and the expected variety of products the project is developing are among the factors that attract investors. The team is already developing the Centcex exchange, a KYC-free cryptocurrency exchange that is due to launch shortly. Read more about the project on the Centcex website.

3. Bitcoin

Bitcoin is up more than 2% in the past 24 hours. This is good news for the market as this is a crypto coin that has a huge impact on almost the entire crypto market. The rise in the price of Bitcoin has also increased its market value, although it still has no need to regain the billion it lost during the recent slump.

Bitcoin is still one of the highly potent cryptocurrencies and the forecast price for 2022 is over $ 100,000. The growing numbers of real-world companies accepting BTC payments, the use of BTC to store value and many other factors are expected to make the coin optimistic.

4. Ethereum

Ethereum has come out of the dip for the past four days since the market started rally. At the time of this writing, the Eth coin had gained over 3% in the past 24 hours which is an impressive feat. Eth is one of the cryptocurrencies that is expected to grow more than 100% this year.

The ongoing Ethereum 2.0 upgrade is one of the factors that will drive ETH’s bull run in 2022. The protocol upgrade will make the network faster, cheaper, and more secure. This will make Ethereum one of the best blockchains out there. It is one of the crypto coins to look at.

5. Shiba Inu

Shiba Inu is one of the biggest winners out there today. In the past 24 hours, the coin has gained more than 11%, according to coinmarketcap.com. Shiba has done very well in 2021, and 2022 looks good for this cryptocurrency as development to improve the network continues.

The introduction of the Doggy DAO is already causing a lot of excitement, which in some ways is responsible for the rising prices. The DAO grants the community voting rights on important issues. It has also looked at whale manipulation. Other products come through the Shiba Inu network. It’s one of those crypto projects to watch in 2022.

6. Dogecoin

Dogecoin has gained over 12% in the past 24 hours. This is an impressive feat for open source digital currency. There are many developments at DOGE that are designed to improve coin performance in 2022. Those following this coin already know that the Dogecoin Foundation was re-established last year.

The team of advisors for the mint also changed, Vitalik Buterin and Elon Musk came straight away. All of these are developments that have attracted crypto investors and that is why the coin is doing fine despite the market rally. Dogecoin is one of the cryptocurrencies to watch out for.

7. Binance coin

Binance Coin is up over 5% in the past 24 hours. Although the trading volume is down 10%, the cryptocurrency is recovering very well from the slump. BNB is one of the coins that is expected to do very well this year and that is expected to grow by over 100%.

The growth of Binance coins is being driven by the increasing demand for the Binance Chain’s products, including the Binance exchange and the Binance Smart Chain. There are so many new Bep-20 tokens on the market for projects based on BCS. The demand automatically increases the BNB demand and the price.

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Cryptocurrency Fraud Dupes Bengaluru Man of Over Rs. 2 Crore, Police Initiates Inquiry: Report

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Crypto-related scams have been on the rise in recent times after the sector has expanded in several parts of the world including India. In a recent incident, a 30-year-old crypto investor from Bengaluru reportedly lost over Rs. 2 crore in a scam. The victim, Dhanraj S, a resident of Jayanagar area in Bengaluru, has made a complaint to the police, accusing an acquaintance named Santosh TS of allegedly cheating on him. In this case, an investigation was initiated.

Both Dhanraj and Santosh have known each other since 2014. In order to raise additional funds, Santosh is said to have convinced Dhanraj to invest in multiple avenues, including cryptocurrencies.

Dhanraj reportedly invested around Rs. 2.25 crore via online and cash transactions in cryptocurrencies and other trades which he claims are lost.

The exact amount Dhanraj had invested in crypto assets remains a secret for now.

Jayanagar Police have reportedly registered a fraud case against the suspect.

Also in early 2021, a 38-year-old crypto investor from Bengaluru lost nearly Rs. 10 lakh in an alleged fraud case.

The incident took place on a crypto trading platform when the victim attempted to transfer Rs 90,000 from a bank account to a wallet but was connected to a bogus helpline number.

At that time, the unknown fake helpline operator took OTPs from the victim and transferred Rs. 9 lakh for personal wallets. Because the underlying technology of cryptocurrencies, based on blockchain, can enable untraceable payments, it is difficult to recover funds lost in such scams.

In December 2021, Hyderabad’s Additional Police Commissioner (Crime and SIT) Shikha Goel had warned crypto investors in India to refrain from transferring assets to unknown, unauthorized wallets.

“The scammers ask you to share your cryptocurrency details. And once you put it in your wallet, the money will be taken away. If you are using or investing in cryptocurrencies, please only approach the reputable and long-established players in the field,” Goel had said.

India is considering what regulations to impose on the crypto space.

The government has raised concerns that cryptocurrencies could be used to lure investors with misleading claims and to fund endeavours, such as terrorist activities and money laundering.

A recent report by Chainalysis also warned Indian investors after the research firm identified nearly 10 million visits from India to rogue crypto websites.

Crypto scams have drained investors over $7.7 billion (around Rs 58,700) over the past year, a report by Chainalysis revealed in December.

Interested in Cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 Podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not legal tender and is subject to market risks. The information provided in this article is not intended to and does not constitute financial advice, trading advice, or any other advice or recommendation of any kind offered or endorsed by NDTV. NDTV is not responsible for any loss arising from any investment made based on an accepted recommendation, forecast or other information contained in this article.

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You may be overlooking what happens to these assets when you die

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Freemixer | E+ | Getty Images

If you’re like most Americans, you don’t have a formal plan for what will happen to your wealth when you die.

According to a 2021 Gallup poll, only 46% of Americans have taken precautions with their money and wealth.

These results have been more or less consistent since 1990.

But while people’s reluctance to plan their deaths has remained the same over the past several decades, the assets they own have likely become more complicated.

More from Personal Finance:
Bank of America cuts overdraft fees
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Here are the top jobs – and how to get them

From airline rewards and credit card points to social media accounts and cryptocurrencies, the checklist of assets to budget for has grown longer.

While your written plan – if you have one – should cover big things like your home and retirement savings, you may have other possessions that have been overlooked.

“It’s a good idea to think about anything that you or others you love might find valuable,” said Abby Schneiderman, co-founder and co-CEO of Everplans, which helps people create accounts to make their wills wishes to save their passwords and their funeral.

“Take an inventory of what those things are, and then figure out who you want those things to go to if something happens to you,” Schneiderman said.

Conduct an inventory of digital assets

Damir Khabirov | iStock | Getty Images

Your digital assets can run the gamut from hardware and software to photos or videos.

To ensure those assets are accessible in an emergency, consider sharing the unlock code for both your phone and computer with someone in your life, Schneiderman recommended.

In addition, you should store all your online passwords in a secure password manager and make sure someone else has access to this information.

“If you don’t, you may be completely shut out of the human world today,” Schneiderman said.

Not only create access to social media accounts, but also plan how they will be continued after your death, if at all.

With Facebook, for example, you can let the company know who you want your account with after you die, said certified financial planner Carolyn McClanahan, director of financial planning at Life Planning Partners in Jacksonville, Fla.

That might not be as easy with other social media companies, McClanahan said. In addition, it is important to indicate whether the account should be closed or continued.

This can be especially complicated for social media or other revenue-generating sites. Do you want the deal closed or is there someone else you can pass it on to?

Wills cover the basics, but they don’t cover the practical aspects of what happens when someone dies.

Carolyn McClanahan

Director of Financial Planning at Life Planning Partners

“You have to plan really well,” McClanahan said. “This is a financial asset, not just a digital asset.”

Appointing a digital executor who can help you fulfill your wishes can make the process of handling your digital estate smoother, Schneiderman noted.

In most states, this isn’t a legally binding term because an executor has a will, she noted. Nevertheless, this person can help the executor to fulfill your wishes.

providing access to online financial accounts

If you don’t make online financial investments accessible, you risk losing them for good.

This is especially true for cryptocurrency assets, McClanahan noted.

“Once you’re gone and nobody knows how to access it, that’s gone forever,” she said.

Keeping a detailed list of your online financial accounts and passwords through a secure password manager can help ensure none of these assets go unnoticed.

It’s also important to think about the perks some of these accounts can offer, from airline points to credit card rewards.

Some points may still be redeemable by a spouse. But it may not be possible to transfer them to friends or family, McClanahan said.

“People accumulate these big accounts,” McClanahan said. “Don’t do that because it will really cripple your family.”

Make arrangements for your pets

While you cannot leave assets directly to an animal, you can make plans for the care of any pets you may have.

That includes naming a handler, as well as the money he should be given to care for this animal, Schneiderman said.

Also plan sentimental items

Elizabeth Fernandez | moment | Getty Images

Some things you may want to share may have more emotional value than financial value.

For Schneiderman, that includes a cookie recipe her grandmother taught her that has been in the family for generations.

For others, it could be an important piece of jewelry, like a grandparent’s wedding ring.

Determining who gets these items while you’re still alive can help prevent family arguments when you’re gone. McClanahan said she advises letting customers, friends and family choose the items they ultimately want in advance.

She also lets clients write down their wishes for their funeral arrangements, which can help reduce the amount of decisions their grieving families have to make.

“Wills cover the basics, but they don’t cover the practical aspects of what happens when someone dies,” McClanahan said.

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Crypto Prices today: Top cryptocurrency prices today: Bitcoin, Terra, Solana gain; Cardano drops 7%

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New Delhi: Crypto prices remained sluggish on Wednesday as the Fed’s dovish stance and economic woes continued to spook crypto investors.

With the exception of Bitcoin, Terra and Solana, all other seven of the top 10 digital tokens traded lower during early trade. Cardano fell 6 percent thanks to the profit booking in the meter. Bitcoin held above $42,000 even as Ethereum slipped below $3,200.

The global crypto market cap fell about 1 percent from the previous day to $2 trillion. The total volume of the crypto market remained flat and stood at $77.46 billion.

As Bitcoin heads into 2022, a growing cohort of long-term investors is doubling their cryptocurrency stockpiles in hopes that a December plunge was just a blip.

What is cooking in India
Indian cryptocurrency exchanges are considering updates to their self-regulatory code of conduct to avoid clashes with regulators. IAMAI and BACC did not respond to ET’s requests for comment. The move comes amid heightened scrutiny of the sector by regulators including the Income Tax Division, the Enforcement Directorate and others.

expert opinions

BTC continues to trade sideways while other altcoins of BNB, ADA and XRP are trading in red CoinDCX research team. “Ahead of the House Energy and Trade Committee hearing on cryptocurrency and blockchain energy use, we can expect the crypto market to face major tough battles,” he added.

Global Updates

  • Singapore and China’s Silicon Valley, the city of Shenzhen, is building what is likely the world’s first blockchain-based network for cross-border trade data exchange between two major economies.

  • Animoca Brands, an investor in non-fungible tokens (NFT) and Metaverse projects, raised nearly $360 million at a $5.5 billion valuation.

  • Bahrain-based cryptocurrency exchange Rain Financial has raised $110 million in a Series B funding round co-led by Paradigm and Kleiner Perkins, CoinDesk reported.

Rationalization of NFTs
OpenSea, a non-fungible token (NFT) marketplace, set a new daily record of $261 million on Sunday. This month has seen an average of $169 million in trading volume per day so far.

Monthly Ether (ETH) trading volume surpassed $3.5 billion for the first time ever, two weeks before the end of January.

New competitors are quickly gaining ground on OpenSea, and a major competitor is LooksRare, a new NFT marketplace that launched earlier this month and is already surpassing OpenSea in terms of trading volume, according to Dune Analytics.

The lack of major competition was one of the main reasons for its success. That could change in 2022 as numerous platforms look to capitalize on the potential, WazirX Trade Desk said.

“The market is still buzzing with activity which could easily attract newcomers like the recently launched ‘LooksRare’. Based on the numbers above, NFT may not be a fad as it could play a pivotal role in the Metaverse.

BuyUcoin tech view
MATIC by Polygon is one of the top 20 best performing cryptocurrencies. Even during the recent dip, it was trading above the 200 moving average.

Matic trades in a parallel channel. After mostly trading in the upper range, Polygon (MATIC) has fallen back into the red bottom leg of the channel, ie support, followed by a bullish retracement towards $2.50.

ET STAFF

With a Relative Strength Index (RSI) around 50, the price seems to be pushing a bit in the middle of the trend channel. In the short-term, price activity could go either way, but the surge is likely to continue as the Polygon London hard fork is set to go live.

It’s still aiming for the fair $3 target. It will be interesting to see how far MATIC can go given current events.

(The views and recommendations in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial advisor before taking a position in the assets mentioned.)

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