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JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
UAE President Sheikh Mohamed bin Zayed Forms AI Council to Shape Future Technologies
23.1.2024
Source: Pexels In another pro-tech initiative, the United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has announced the creation of an Artificial Intelligence and Advanced Technology Council (AIATC). In his capacity as Ruler of Abu Dhabi, the UAE President has issued a...
Bonk Holders Migrating To New AI Crypto ICO Built For Traders To Hunt 1549% ROI Tokens – 24-Hour Countdown Begins
23.1.2024
BONK selloff has redirected attention to hot new Launchpad XYZ’s crypto ICO presale and $LPX token hours before launch. Image by creative, Adobe Stock. The recent freefall of BONK’s price, dropping 70% since mid-December, has investors searching for the next big crypto winner. This...
Bloomberg: Don’t Blame Bitcoin ETFs For Crypto Market Dump – Here’s the Latest
23.1.2024
Bitcoin ETFs are not to blame for Bitcoin (BTC)’s seismic price drop this month, according to Bloomberg ETF analyst Eric Balchunas. Tapping a fresh multi-year high of $49,000 on January 11, the launch of several U.S.-based Bitcoin spot ETFs that same day has appeared to mark a definitive local...
Iris Energy Boosts Bitcoin Mining Capacity to 6 EH/s, Eyes 20 EH/s Milestone by H2 2024
23.1.2024
According to an announcement from the publicly-listed bitcoin miner Iris Energy, the mining operation has increased its operating capacity to 6 exahash per second (EH/s) and expects an additional 4 EH/s to be online by the first half of 2024. Iris Boosts Mining Capacity to 6 EH/s Amidst IREN Share...
Critical Bug in Ethereum’s Nethermind Client Highlights Risks of Low Client Diversity
23.1.2024
A severe bug in the Nethermind Ethereum execution client has recently been uncovered, affecting 8% of Ethereum’s validators and reminding everyone of the necessity for greater client diversity in the Ethereum network. Critical Flaw in Ethereum’s Nethermind Client Spotlights the Dangers...
Trump Doubles Down on Anti-CBDC Stance, Gives Full Credit to Ramaswamy
23.1.2024
Former President Donald Trump doubled down on his claim that he will “never allow” a central bank for digital currency (CBDC) during a Monday night rally in New Hampshire. Trump vows no CBDC Trump credited former presidential hopeful Vivek Ramaswamy, who has since endorsed Trump in...
Emerging Cryptocurrency Has Potential to Rival Solana (SOL
23.1.2024
In the ever-evolving world of cryptocurrencies, a new contender has emerged with the potential to rival established giants like Solana (SOL). Pandoshi, a fresh and innovative cryptocurrency, is rapidly gaining traction within the blockchain community. Known for its unique approach to decentralized...
Avalanche Foundation Unveils Eligibility Criteria Framework for Acquisition of Meme Coins
23.1.2024
The Avalanche Foundation has unveiled an “eligibility framework” detailing guidelines for its plan to acquire meme coins. In an announcement published January 23rd, the foundation behind the Avalanche blockchain outlined the essential characteristics that a meme coin must possess to...
Deutsche-backed Taurus Receives Green Light to Introduce Tokenized Securities for Retail Clients
23.1.2024
Fintech firm Taurus has received regulatory approval from Switzerland’s financial regulator to offer tokenized securities to retail clients. In a press release published January 23rd, Taurus announced that it had received regulatory approval from Switzerland’s Financial Market...
Is It Too Late to Buy Sui? SUI Price Rallies as New Meme Coin Approaches $10 Million
23.1.2024
Looking at the charts, SUI price analysis reveals that Sui Network is primed for a significant price rally, leaving some FOMO investors asking is it too late to buy SUI? This comes amid impressive growth in SUI’s DeFi offering, which has recently seen total value locked (TVL) surge to...
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
23.1.2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities. GBTC Sees...
Metallicus Introduces New Metal Blockchain Banking Innovation Program
23.1.2024
  From the start, Metallicus has operated with a vision that the future of crypto is secure and compliant. With a dynamic advisory board made up of diverse leaders from the blockchain, cryptocurrency, and traditional banking worlds, they have steadily worked to advance their strategy to build...
Over $580,000 Drained in Phishing Scams Targeting Web3 Firms – What’s Going On?
23.1.2024
About $580,000 has been drained following a calculated phishing campaign targeting at least four web3 firms’ email addresses. Digital asset scam detective, ZackXBT commented on the developments on X (formerly Twitter). He flagged several emails sent out in a calculated attempt to appear to be from...
Crypto Mystery Deepens with 21,000 Ordinal Inscriptions Airdropped in Enigmatic Bitcoin Game
23.1.2024
In a mysterious development, someone has airdropped 21,000 digital inscriptions, known as RSICs, to the Bitcoin Ordinals community as part of a Bitcoin game promotion. The message on one of the inscriptions suggests a “technological arms race” related to securing a bag of runes has begun, and...
Maxine Waters Questions Meta’s Digital Asset Ambitions
23.1.2024
Maxine Waters has sent a probing letter to Meta, querying the tech giant’s recent spate of trademark applications related to digital assets and blockchain technology. Maxine Waters Suspects Meta’s Renewed Interest in Digital Assets Through Trademark Filings Maxine Waters, the ranking...
Coinbase Begins Technical Assessment to Onboard New Ethereum Execution Client for Diversity
23.1.2024
Digital asset exchange Coinbase has revealed its effort toward Ethereum execution client diversity after users complained about the platform’s overreliance on Go.Ethereum (Geth). In a Jan 23 X (formerly Twitter) post, Coinbase quelled community concerns about the dominance of Geth as the only...
SEC Blames Social Media Account Hack on ‘SIM Swap’ Attack in Fake Bitcoin ETF Post
23.1.2024
The US Securities and Exchange Commission (SEC) has revealed that its social media account on X fell victim to a “SIM swapping” attack in relation to the false post about the approval of Bitcoin exchange-traded funds (ETFs) earlier this month. The incident, which occurred on January...
Is Sei Going to Crash? SEI Price Drops 20% as a New Mining Protocol Shakes Up the Market
23.1.2024
Sei Network has experienced a worrying -20% drop in SEI price. But can SEI price analysis predict a potential crash ahead of Sei Network V2? This retracement follows market-wide optimism regarding the upcoming Sei Network V2 upgrade. The upgrade aims to introduce a fully parallelized EVM. $SEI...
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
23.1.2024
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset further depreciated by 5.3% relative to the U.S. dollar...