According to on-chain data, Bitcoin and Ethereum ETFs have recorded outflows of over $1B in ouflows. Meanwhile, crypto market news today shows that a new gem has entered the market.
Called DeepSnitch AI , it is changing the status quo in the trading sector. Its aim is to ensure that all traders have access to advanced trading tools that they can use for better analysis and more informed decision-making.
There have been several market-wide updates and bonuses from the project, which have led to a 120% price increase. DeepSnitch AI is currently trading at $0.03401 and has raised over $1.13M in funding. Speculations of a potential launch are currently all over the market and have sparked predictions of a 100X pump.
US BTC and ETH ETFs see outflow of over $1 billion
U.S.-listed Bitcoin and Ether spot ETFs have experienced massive outflows, losing more than $1 billion in a few days. The outflows come after both ETFs started January on a bullish note.
Presently, Bitcoin ETFs have seen total outflows of $1.13 billion, while Ether ETFs saw $258 million. This selloff is a cautious one that shows investors are backing down.
It also shows that the market is under uncertainty. Besides, both coins have lost some of their recent gains, falling to former support levels.
Crypto market news today: 3 altcoins soar on the charts
1. DeepSnitch AI: Is this the next best crypto gem?
Timing is very important in the crypto space, and this factor is the main divide between those who make it big in the market and those who sit on the sidelines. DeepSnitch AI is here to level the playing field.
DeepSnitch AI is trending in crypto market news today, offering traders real-time actionable information that allows them to be ahead of market trends. You are able to predict the changes in the market before they happen and then make better decisions on time.
The main strength of the platform is its AI-based agents that track the movements of whales, monitor the mood in the market, and analyze on-chain data. DeepSnitch AI can process thousands of data points to provide traders with market-wide updates that can help them see the why of price changes.
This degree of visibility and vision is the key to success in a volatile market, whether you are trading tokens or conducting trend analysis. You can use SnitchFeed to track whales, SnitchScan to analyze smart contract risk, SnitchGPT to query natural language, and AuditSnitch to evaluate smart contracts.
Presently, the latest crypto market news points to a big announcement from the DeepSnitch AI team. You do not want to miss out. To stay in touch, you can join the DeepSnitch AI ecosystem by getting the DSNT at $0.03401 for a potential 100X return.
2. Islamic Coin price skyrockets after Ethiq mainnet launch
Today’s crypto headlines reveal that Islamic coin is among the top gainers in the market right now. The altcoin has picked up the pace after a bearish performance last year.
Presently, its price has increased by 439.0% on the weekly timeframe and 684.8% on the monthly chart. Crypto market news today reveals that the surge in Islamic Coin is primarily driven by the launch of the Ethiq mainnet, a key catalyst boosting its utility.
As of January 9th, the Islamic coin was trading at $0.05287. Going forward, the Islamic coin price could rise to $0.07. CoinCodex forecasts that the Islamic coin price might trade between $0.07856 and $0.1478 by October 2026.
3. Stacks fail to break a major resistance level
Stacks coin is attempting a breakout towards the $0.40 level following its recent ascent from the $0.27 level. CoinGecko data shows the Stacks price has seen a minor correction, falling to $0.3661 on January 9th.
Despite the pullback, the Stacks coin still trades above the 50-SMA ($0.292), a sign that bulls are still in control. A crypto analyst predicts that the value of Stacks might rise to $0.57 in the coming weeks.
However, a rise in selling pressure could cause more downtrend in the coming days. If this happens, bulls would have to hold the 50-SMA to prevent further downturn.
Conclusion
The latest crypto market news today shows that DeepSnitch AI is gaining a lot of attention in the market. Given its low market and AI-based solution, many traders forecast that its price might skyrocket by 100X soon.
Investors who want to be part of the DeepSnitch AI ecosystem can get the DSNT coin at $0.03401 before the next price jump. The project has raised $1.13M amid rumours of a potential launch this January, which has spurred a potential 100X-300X narrative.
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FAQs
1. Is the crypto market going to rise?
Based on today’s crypto headlines, there is optimism for growth. More institutions are showing interest in crypto ETFs. Also, coins like DeepSnitch AI are expected to rise by 100X, which makes it a good crypto investment.
2. Should I exit crypto now?
Despite the volatile nature of crypto, exiting may not be wise. The latest crypto market news today suggests that utility-based projects like DeepSnitch AI might see up to 100X-300X after its speculated January launch.
3. Which crypto is best to invest in now?
Many traders believe DeepSnitch AI might be the best crypto to buy now due to its AI-powered platform and a growing ecosystem. Market-wide updates show that it could launch very soon and even be listed on exchanges.
This article is not intended as financial advice. Educational purposes only.