Top cryptocurrency news of the day – January 20, 2023

What happened in the cryptocurrency markets today? Top cryptocurrency news of the day What happened in the cryptocurrency industry today? What are today's top cryptocurrency news? You can find all these developments in the rest of the news. Cryptocurrency markets started the last business day of the week with some negative news. First of all, the bankruptcy filing of Genesis, which has been in financial crisis for a while, late yesterday remained on the crypto agenda throughout the day. However, Nexo was fined $46.5 million for selling unregistered securities in the United States. Nexo officials said they were pleased to reach an agreement with the fine. So much so that the local asset of the crypto lending company, NEXO, achieved a significant gain in value following this development. NEXO is now the most profitable cryptocurrency in the top 100, with a value increase of nearly 20% since yesterday. The general situation in the cryptocurrency markets shows that yesterday's gains continue to be maintained. While the total market value is at 980 billion dollars, the average transaction volume is seen to be below 40 billion dollars. Bitcoin is currently at the $21,000 mark with a daily increase of 1.3%. Ethereum, on the other hand, is changing hands at $ 1,550 with a value increase of nearly 2%. The two largest cryptocurrencies, which dominate approximately 60% of the market, continue to increase in value by over 10% this week. When we look at the latest situation of the top 100 cryptocurrencies, it is seen that while 87 cryptocurrencies are moving positively towards the evening hours compared to yesterday, only 13 cryptocurrencies are negative. Shiba Inu (SHIB) developer gave a clue about the opening date of Shibarium When Shytoshi Kusama, one of the most important developers of Shiba Inu, updated her Twitter status, the Shiba community thought that she was hinting at the launch date of Shibarium. Shiba Inu lead developer Shytoshi Kusama updated her Twitter bio and wrote a sentence with Shibarium there. The community interpreted this sentence as meaning that the beta version of Shibarium will be released on February 14. While January was a very active month for the Shiba community, many details about Shibarium were given and it was emphasized that the launch was very soon. Cardano will see a major cryptographic update in February Cardano developer Tim Harrison of IOHK shared details of a blockchain update designed to improve the interoperability of the network and enable the development of decentralized cross-blockchain applications. The update in February aims to directly affect the cryptographic structure used in Cardano and facilitate the creation of cross-chain projects by providing support for common digital signature standards on the Plutus smart contract platform. BTC miners transferred a significant amount of Bitcoin to Binance this week According to Blockchain data, miners have transferred 5,592 BTC to Binance since mid-week. These miners have sent up to 5,592 BTC to Binance since January 17. CryptoQuant Writer Julio Moreno pointed out that a large amount of BTC was released from the reserves of the mining company 1THash within three days, and the reserves of the mining pool of 5,732 BTC, currently worth $ 120.1 million, were emptied. While commenting on the issue, CryptoQuant CEO Ki Young Ju talked about the speculations about the sale of BTCs transferred to the stock exchange. Ki Young Ju pointed out that last September, miners sold over 4,500 BTC assets in 3 days when Bitcoin was at $ 20,000. OKX publishes proof of reserves report OKX, which has become the second largest exchange in the market in terms of transaction volume, continues to publish reports on its reserves. OKX showed that it has liquid assets of $7.5 billion in its quarterly report published today. While these assets consist of liquid assets such as Bitcoin, Ethereum and USDT, the exchange kept the local asset OKB separate from the assets it showed as reserves. Cardano CEO Charles Hoskinson is considering purchasing CoinDesk Cardano CEO Charles Hoskinson announced that he may bid for Coindesk to Digital Currency Group. According to the latest news, DCG is considering selling some of its companies due to liquidity shortage. One of them is the crypto media company Coindesk. CoinDesk was acquired by DCG in 2016 for close to $500,000. was purchased in return. According to some rumors, several investors have made offers of between $200 and $300 million to acquire CoinDesk. In his last statement, Hoskinson said that $200 million was a very high figure to buy Coindesk, but a more accurate assessment could be made after examining Coindesk's financial situation. Source: Investing.com