ADA, BYK, RAINBOW, SPOOKYSHIBA: Trending Cryptos Today Tues 18 Jan

By Duncan Ferris

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Cryptos are lower on Tuesday amid news of more cryptocurrency adoption in South America and calls for a worldwide regulatory strategy.

Most major coins were lower on Tuesday morning, with even Cardano (ADA) dropping back after a strong showing over the weekend.

Here are some of today’s other crypto stories:

  • Most major cryptos have seen their prices decline over the last 24 hours, with Bitcoin (BTC) down by around 2% and Ethereum (ETH) more than 3% lower.

  • Rio de Janeiro’s mayor, Eduardo Paes, has announced plans for the city’s treasury to hold 1% of its money in cryptocurrency, while he also reportedly has plans to give citizens discounts if they pay their tax bills in Bitcoin.

  • Addressing the 2022 World Economic Forum’s annual conference in Davos, Indian Prime Minister Narendra Modi has called for the “global family” to synchronize its response to the emergence of cryptocurrency, calling moves made by single nations “inadequate”.

For the latest trending equities news, check out our trending stocks!

The Big Hitters

  • Bitcoin (BTC) $41,840.74 (-2.09%)

  • Ethereum (ETH) $3,176.95 (-2.49%)

  • BNB (BNB) $467.40 (-2.85%)

  • Solana (SOL) $138.02 (-3.08%)

  • Cardano (ADA) $1.50 (-1.23%)

  • Ripple (XRP) $0.7484 (-2.12%)

Trending Cryptos

  • Byakko (BYK) $0.03399 (-29.88%)

  • Rainbow Token (RAINBOW) $0.00000000891 (+4.95%)

  • SpookyShiba (SPOOKYSHIBA) $0.00000000001758 (-4.66%)

Top Risers

  • Knight War The Holy Trio (MRE) $0.01815 (+473.12%)

  • TouchFuture (TF) $0.00001013 (+285.26%)

  • NinjaFloki (NJF) $0.00002413 (+237.79%)

Top Fallers

  • CryptoClans (COC) $0.01976 (-91.17%)

  • ShibRWD (SRWD) $0.00000000459 (-86.68%)

  • PAPPAY (PAPPAY) $0.0000001175 (-86.29%)

If you enjoyed reading this why not check out our reports into what lies ahead for cryptocurrency and NFTs? If not, there's always our 12 investing themes for 2022.

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In this article:

Topics:
Cryptocurrency
Industries:
Information Technology

Author: Duncan Ferris

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Duncan Ferris does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.

Duncan Ferris has not been paid to produce this piece by the company or companies mentioned above.

Digitonic Ltd, the owner of ValueTheMarkets.com, does not hold a position or positions in the stock(s) and/or financial instrument(s) mentioned in the above article.

Digitonic Ltd, the owner of ValueTheMarkets.com, has not been paid for the production of this piece by the company or companies mentioned above.

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