There hasn’t been a market for good technology in the cryptocurrency space. A series of blunders from well-capitalized projects proved that there are no consequences for poor implementation. Crypto often is still an exercise in building narrative rather than displaying technical acumen. Bitcoin price market cap The Rise of Chain Abstraction and End of Blockchain Factionalism

The move came at a time where regulators in the U.S. started to heavily crack down on crypto companies, including Coinbase itself, which was sued and is still under investigation by the Securities and Exchange Commission (SEC) for allegedly violating federal securities laws. The exchange has moved to dismiss those allegations. What percentage of my portfolio should be in crypto? CoinDCX Research Team told ABP Live, “Over the last 24 hours, the market displayed positive momentum as both BTC and ETH saw a rally of approximately 3%. BTC reached the $43,000 level and is currently holding just below it, with the 20 EMA D level playing a crucial role. ETH is positioned between two significant levels at $2,130 and $2,450. The monthly US CPI remaining unchanged is considered positive news, prompting a favourable response from BTC and ETH. This recovery could reflect the market's anticipation of the potential approval of a spot BTC exchange-traded fund (ETF) in January 2024, aligning with notable cash inflows from institutional investors.”