The global crypto market has seen a positive trend over the last day. The performance of Bitcoin, Ethereum, and others shows gains as the market resumed gains. The positive performance has proved to be a good omen for investors who have increased investments. As the market continues to improve in value, there is a chance of continuation of bullishness. There is a need for continuous gains as the market has faced a lasting winter which has affected its overall performance.
Vauld has rejected the final acquisition offer from Nexo. Nexo won’t be able to acquire customers or assets of its failed competitor. The long-standing offer had continued from its larger competitor for a while and has finally rejected on 5 January. Vauld co-founder Darshan Bathija told Nexo that his company would reject a proposal put forward by Nexo. Vauld said that Nexo hasn’t been able to provide an assessment of its solvency.
It added that it had concerns over how Nexo would handle US-based customers. Nexo had stated in December that it would stop serving the country’s residents. Vauld concluded that Nexo’s revised proposals have failed to assure the mentioned matters. Nexo’s acquisition offer has been under consideration since last July. Vauld was one of the several companies that filed for bankruptcy following the collapse of Celsius.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Ethereum, and others.
BTC trading at $16.95K
The number of Bitcoin addresses holding over 10 Bitcoins has reached a two-year-high. Bitcoin addresses over the last two months have been fluctuating between accumulation and dumping. There has been considerable change in their acquisition or ditching of Bitcoin. As the recent data shows, the recent change shows a positive metric.
The recent changes for Bitcoin show the continuation of the positive trend. The latest data shows that it has added 0.85% over the last 24 hours. The seven-day data shows that it has added 2.35%.
The price value of BTC is currently in the $16,957.53 range and is likely to improve further. The market cap value of Bitcoin is estimated to be $326,510,320,416. The 24-hour trading volume of Bitcoin is about $14,212,505,326.
ETH continuing gains
A critical vulnerability has been discovered on Polkadot parachains, putting $200 million at risk. The result of this vulnerability has been the theft of three Ethereum-compatible wallets. The amount has been estimated to be $200 million. Thefts and hacks have been one of the main reasons for the lasting crypto winter.
The performance of Ethereum has also continued to improve. The latest data shows that it has added 1.56% over the last 24 hours. The seven-day data shows that it has added 6.10%.
The price value of ETH is currently in the $1,269.35 range. The market cap value of this coin is estimated to be $155,334,787,955. The 24-hour trading volume of the same coin is about $4,886,461,687.
AAVE resumes bullishness
Aave has resumed a bullish trend as it attracted new gains. The latest data shows that it has added 2.14% over the last 24 hours. The weekly performance shows that it has added 9.18%. The price value of AAVE is currently in the $56.65 range.
The market cap value of Aave is estimated to be $798,414,114. The 24-hour trading volume of this coin is about $40,139,289. The same amount in its native currency is about 708,944 AAVE.
CHZ bullish
Chiliz has also been in a bullish mood over the recent hours. The latest data shows that it has added 1.21% over the last 24 hours. The seven-day data shows that it has added 10.16%. The price value of CHZ is currently in the $0.1103 range.
The market cap value of Chiliz is estimated to be $733,690,561. The 24-hour trading volume of this coin is about $78,655,971. The circulating supply of the same coin is about 6,649,111,577 CHZ.
Final Thoughts
The global crypto market has seen a positive trend over the last day. The performance of Bitcoin, Ethereum, and others has shown gains. As the market continues to attract gains, the improvement of the value is likely to continue. The global market cap value has seen a significant change. The latest data shows that it is estimated to be $825.66 billion.
