Shiba Inu:
According to CoinMarketCap data, Shiba Inu trading volume has shot up nearly 70% in the last 24 hours as its price approached the key $0.000012 level.
The trading volume, which refers to the total amount transferred between buyers and sellers, might suggest investor positioning, although not often so.
According to CoinMarketCap data, 27,747,491,040,661 SHIB, or 27 trillion tokens worth $332,414,104, were swapped in the last 24 hours.
At the time of publication, SHIB was up 3.84% since the past day at $0.00001196.
The price had reached intraday highs of $0.0000123 before slightly easing.
Terra Luna:
Rise is development activity on Terra (LUNA) and Terra Classic (LUNC) chains promises price pump for both tokens.
Terra (LUNA) and Terra Classic (LUNC) saw sudden upside moves in just a few hours.
LUNA price jumps 4% in an hour, while LUNC price bounces 3% in just an hour.
The reason behind the rally is the recent uptick in the development activity on both blockchains, supported by the Terra Classic community and social sentiment.
Blockchain and NFTs:
Sensation: Only 2% of game developers are using blockchain, crypto and NFTs The team of the Game Developers Conference 2023 (GDC) surveyed over 2,000 leading game developers about business models, monetization schemes, technical opportunities and preferable platforms for their products. Two sections of the survey covered developers' opinions on the prospects of blockchain adoption in gaming.
Crypto:
The U.S. Securities and Exchange Commission’s (SEC) chairman Gary Gensler tweeted a Twitter spaces session where he discussed the risks of crypto investments with SEC Commissioner Caroline Crenshaw on Jan. 27.
Speaking to the U.S. army, Gensler said crypto is a highly speculative and volatile investment instrument. He continued that several crypto projects are unregistered securities as they fail to comply with securities law.
The SEC chairman has repeatedly stated that the commission should register many crypto projects because they qualify as securities. However, the crypto community has accused the regulator of employing a “regulation by enforcement’ tactics.
Solana:
Solana [SOL] developers have been stepping up their game for a while now with several new updates and integrations that help increase the capabilities and offerings of the network.
One of the latest was Solana Mobile announcing that the Solana dApp Store was open for app submissions. The Solana dApp Store itself is a curated catalog, managed by Solana Mobile, with apps that conform to a set of policies that it has made available.
The official announcement mentioned that these policies were in place to shield users from harmful and unlawful content without limiting an app’s ability to use crypto features such as exchanging NFTs or other digital goods.
Litecoin:
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day.
Ethereum:
Pseudonymous Coin Bureau host Guy is expressing bullish sentiment toward the leading smart contract platform Ethereum (ETH).
Guy tells his 2.21 million YouTube subscribers that Ethereum is likely to see a higher price this year after rallying by over 55% from its 2022 low.