Welcome to today's edition of our Crypto Insider! Stay updated with the latest happenings in the cryptocurrency world with our concise and insightful summaries.

From market movements to regulatory updates, innovative projects, and technological advancements, we've got you covered. Whether you're a seasoned investor or just starting your journey in the crypto space, our news digest provides valuable insights to keep you informed and empowered.

So buckle up and dive into today's top crypto stories! Let's explore the exciting world of digital assets together.

MARKET OVERVIEW (Today's Cryptocurrency Prices by Market Cap)

The global crypto market cap is $1.79T, a 4.16% increase over the last day.

The total crypto market volume over the last 24 hours is $69.7B, which makes a 18.52% increase. The total volume in DeFi is currently $5.21B, 7.47% of the total crypto market 24-hour volume. The volume of all stable coins is now $64.92B, which is 93.13% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 52.19%, an increase of 0.75% over the day.

Bitcoin Crosses $46K as Year of 'Long' Begins, Easing ETF Sell-Off

Bitcoin (BTC) crossed $46,000 early Friday, as the CoinDesk 20 Index (CD20), a measure of the biggest cryptocurrencies, jumped over 2%.

The largest crypto by market cap reached a one-month high as East Asia ushered in its biggest festive of the year, celebrating the start of what’s believed to be one of the luckiest periods as per the Chinese Zodiac.

In Mandarin Chinese, the word for dragon is pronounced similarly to “long,” boosting memetic value among crypto traders.

Bitcoin could rise to as much as $48,000 in the coming days as the asset historically shows gains around the Chinese New Year period, 10X Research said in a Thursday note, predicting a gain of at least 11%.

Bitcoin ETFs record third-largest inflow day as BTC price rises above $46,000

The third-largest inflow day for spot Bitcoin ETFs came on the same day the BTC price crossed $46,000 to record a new multiweek high.

0On Feb. 8, spot Bitcoin exchange-traded funds (ETFs) experienced their third-largest influx, totaling $403 million. The large inflows came despite over $100 million exiting the Grayscale Bitcoin Trust (GBTC).

Stay tuned for tomorrow's updates as we bring you the latest news and information. We will keep you informed and provide you with all the necessary details.

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