Crypto Update: Bitcoin, Ethereum Extend Losses As Big Eyes Coin Rakes In $26m
The two biggest cryptocurrencies, Bitcoin and Ethereum, have seen their new year rallies stagnate because of concerns that “Operation Choke Point 2.0” may be ready to assault the crypto industry.
Lately, both Bitcoin and Ethereum have been struggloig for consistency, with analysts predicting that smaller coins could be headed sharply higher. Bitcoin and Ethereum’s prices had recovered from their December lows but have found themselves dragged back time after time.
Bitcoin Seeks “Life Support”, May Fall Below $20,000
Bitcoin Price Index dropped to $21,856.63 on Monday morning, as it continues its quest to get back above $23,000 where it was earlier, which made raised optimism for the eagerly expected bull run. After losing the $23K and $22K levels, according to Joe DiPasquale of BitBull Capital, Bitcoin is currently seeking support to see if it will rise back to the $23K level or drop to $20K “very fast.”
Bitcoin is considering new regulatory developments while searching for support. The Securities and Exchange Commission (SEC) last week levied a $30 million fine against Kraken for its staking scheme, but not Coinbase. The SEC is reportedly targeting the Binance USD stablecoin, and according to The Wall Street Journal, Paxos is next on the list of targets.
Ethereum
Ethereum has been huffing and puffing in the cryptocurrency market for days now, after recording an impressive start to the year 2023. The price of ETH at the time of writing is $1,520.66 per coin. According to WalletInvestor, if things continue the way they are, the value of ETH might even drop as low as $476.16 in the space of a year.
Ethereum has gone down by 0.89% in the last 23 hours, and has decreased by 6.23% in the last 7 days. However, given the rollercoaster tendencies of the cryptocurrency market, with its unpredictable nature, Ethereum might however pull a surprise.
Big Eyes Coin Shows Class, Reaches $26m In Grand Style
In one of the largest cryptocurrency presales in recent memory, Big Eyes Coin (BIG) has raised $25.76 million through its presale round. This indicates that BIG will raise millions of dollars over time, and is destined for the echelon when it launches.
Big Eyes Coin is a decentralized cat-themed meme coin. It’s wonderful that cats are now included in the meme cat-category! In addition to its proof-of-stake consensus mechanism, this reduces carbon emissions. It is currently giving away a 200% launch bonus which enables investors to tripple their investments when they buy BIG.
Big Eyes Coin is also big in charities, as it intends to preserve 5% of its holdings in a wallet designated for charitable contributions. After being formally introduced, Big Eyes Coin wants to reach the top! It’s also accepting Bitcoin, Dogecoin and BNB for exchange during the presale.
Investment benefits, and investing early benefits even more. Get a 200% bonus on Big Eyes Coin when you use the promo code “LAUNCHBIGEYES200” and triple your investment! Big Eyes is a financial commitment that ensures excellent returns!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Crypto Update: Bitcoin, Ethereum Extend Losses As Big Eyes Coin Rakes In $26m appeared first on Analytics Insight.
The two biggest cryptocurrencies, Bitcoin and Ethereum, have seen their new year rallies stagnate because of concerns that “Operation Choke Point 2.0” may be ready to assault the crypto industry.
Lately, both Bitcoin and Ethereum have been struggloig for consistency, with analysts predicting that smaller coins could be headed sharply higher. Bitcoin and Ethereum’s prices had recovered from their December lows but have found themselves dragged back time after time.
Bitcoin Seeks “Life Support”, May Fall Below $20,000
Bitcoin Price Index dropped to $21,856.63 on Monday morning, as it continues its quest to get back above $23,000 where it was earlier, which made raised optimism for the eagerly expected bull run. After losing the $23K and $22K levels, according to Joe DiPasquale of BitBull Capital, Bitcoin is currently seeking support to see if it will rise back to the $23K level or drop to $20K “very fast.”
Bitcoin is considering new regulatory developments while searching for support. The Securities and Exchange Commission (SEC) last week levied a $30 million fine against Kraken for its staking scheme, but not Coinbase. The SEC is reportedly targeting the Binance USD stablecoin, and according to The Wall Street Journal, Paxos is next on the list of targets.
Ethereum
Ethereum has been huffing and puffing in the cryptocurrency market for days now, after recording an impressive start to the year 2023. The price of ETH at the time of writing is $1,520.66 per coin. According to WalletInvestor, if things continue the way they are, the value of ETH might even drop as low as $476.16 in the space of a year.
Ethereum has gone down by 0.89% in the last 23 hours, and has decreased by 6.23% in the last 7 days. However, given the rollercoaster tendencies of the cryptocurrency market, with its unpredictable nature, Ethereum might however pull a surprise.
Big Eyes Coin Shows Class, Reaches $26m In Grand Style
In one of the largest cryptocurrency presales in recent memory, Big Eyes Coin (BIG) has raised $25.76 million through its presale round. This indicates that BIG will raise millions of dollars over time, and is destined for the echelon when it launches.
Big Eyes Coin is a decentralized cat-themed meme coin. It’s wonderful that cats are now included in the meme cat-category! In addition to its proof-of-stake consensus mechanism, this reduces carbon emissions. It is currently giving away a 200% launch bonus which enables investors to tripple their investments when they buy BIG.
Big Eyes Coin is also big in charities, as it intends to preserve 5% of its holdings in a wallet designated for charitable contributions. After being formally introduced, Big Eyes Coin wants to reach the top! It’s also accepting Bitcoin, Dogecoin and BNB for exchange during the presale.
Investment benefits, and investing early benefits even more. Get a 200% bonus on Big Eyes Coin when you use the promo code “LAUNCHBIGEYES200” and triple your investment! Big Eyes is a financial commitment that ensures excellent returns!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Crypto Update: Bitcoin, Ethereum Extend Losses As Big Eyes Coin Rakes In $26m appeared first on Analytics Insight.
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