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6 AI Chatbots Forecast Bitcoin’s 2024 Finale — Predicting $60K to $90K Amid ETF Inflows and Halving Hype
12.1.2024
In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value reached $47,000, coinciding with the approval of...
Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why
12.1.2024
Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI crypto gaining traction during...
CoinShares Exercises Option to Acquire Valkyrie Funds Following Spot Bitcoin ETF Approval
12.1.2024
Source: Adobestock Investment management company, CoinShares has exercised the right to acquire Valkyrie Funds, a unit of Valkyrie Investment Inc. following the approval of its spot Bitcoin (BTC) ETF by the Securities and Exchange Commission (SEC). CoinShares solidifies position as a bridge between...
Synapse Network Embarks On A Historic Journey By Migrating To zkSync
12.1.2024
Synapse Network , a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer Zero integration. Notably, $SNP is set to become the first-ever omnichain...
Kevin O’Leary says Institutions Won’t Use Spot Bitcoin ETFs and Hints at Next Trend in Crypto
12.1.2024
(Photo by Steven Ferdman/Getty Images) While the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States will further lead to the institutionalization of Bitcoin, Kevin O’Leary — a Canadian venture capitalist and CNBC personality — told Cryptonews that...
Can the Polkadot Ecosystem Blossom? Toncoin and InQubeta Anticipate Significant Development
12.1.2024
Polkadot’s (DOT) founder, Gavin Wood, recently introduced Polkadot 2.0. This approach uses core time rentals to become flexible and is an excellent addition to its ecosystem. Meanwhile, Toncoin (TON) and InQubeta (QUBE) are notable DeFi projects positioned to drive significant development...
Telcoin Fully Restores User Balance Two Weeks After $1.2 Million Exploit
12.1.2024
Source: Pixabay Financial app developer Telcoin has restored all user balances two weeks after an exploit led to $1.2 million worth of funds being drained from users’ accounts. In an email to CryptoNews, Telcoin noted that it had restored all user balances, fixed the vulnerability,...
Two South Korean Brokerages Pause Transactions of Foreign Spot Bitcoin ETFs
12.1.2024
Source: Pixabay Two major South Korean securities firms have suspended transaction services of foreign spot Bitcoin ETFs. Following an announcement from South Korea’s Financial Services Commission, the country’s top financial watchdog, Samsung Securities and Mirae Asset Securities...
SEC Seeks Court Order for Ripple’s Financial Statements in Ongoing Legal Tussle
12.1.2024
The legal battle between the SEC and Ripple Labs continues, with the SEC seeking court intervention to obtain Ripple’s financial statements and data on institutional XRP sales. SEC’s Legal Pursuit of Ripple Continues With Request to Disclose Financials and XRP Contracts The U.S....
Groundbreaking Debut for Bitcoin ETFs, Garnering $4.5 Billion on Day One
12.1.2024
Source: Adobe / Backcountry Media The new spot Bitcoin ETFs made a significant impact when they debuted on Wall Street on Thursday, collectively amassing $4.5 billion in volume on their first day of trading. The impressive debut exceeded market observers’ expectations, reflecting the strong...
Is It Too Late to Buy Ethereum Classic? ETC Price Pumps 56% as This Meme Coin Goes Viral
12.1.2024
Meme Kombat presale is seeing continuous hype as ETC ‘s price spikes 56% on Ethereum ETF speculation. Image by Kerem Goktug Kaya, DALL-E 3. Ethereum Classic (ETC), the original Ethereum hard fork, has recently experienced a massive spike in its price, rallying more than 50% amid the broader...
More Institutions Will Look to DeFi for Regulated Solutions in 2024 + More Crypto News
12.1.2024
Source: Night Crows Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: In 2024, More Institutions Will Look to DeFi for Regulated Solutions – Swarm Co-founder Bitmain Raises...
Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
12.1.2024
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $47K mark, the value has stayed...
Is Internet Computer Crashing? ICP Price Drops 8% as This Bitcoin Mining Protocol Takes All the Attention
12.1.2024
Leading decentralized data protocol Internet Computer has witnessed a sudden -8% drop in ICP price, and with panicked holders asking ‘Is Internet Computer Crashing?’ explore this ICP price analysis to find out. This comes amid excitement in the crypto community for Bitfinity layer-2...
10 Best Crypto Discord Groups & Servers to Join in 2024
12.1.2024
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. While getting into the cryptocurrency market can be a rather daunting task, joining one of the best crypto Discord groups can make it far easier. ...
Ripple Faces SEC Pressure for Financial Transparency in Ongoing Legal Saga
12.1.2024
Source: Adobe / Dennis The legal battle between US-based blockchain payments firm Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn as the SEC seeks to compel Ripple to disclose its financial statements for the years 2022-2023. The regulator filed the motion...
Top NFT News Today – 12 January, 2024
12.1.2024
Source: hub.cryptopunks.app The non-fungible token (NFT) revival seems to be well on its way for now. And today is quite a Yuga Labs day. Last November, Yuga Labs announced a collaboration with Magic Eden to launch the Magic Eden Ethereum Marketplace by the end of the year. The team, however, said...
FTX Creditors File Motion to Block Crypto Valuation with Low 2022 Prices
12.1.2024
Source: Adobe / Александр Поташев A group of FTX creditors have filed a motion seeking to stop plans of the collapsed exchange from valuing their cryptocurrency assets based on 2022 prices. FTX Creditors...
Bonk Price Prediction as BONK Skyrockets, Outperforming Dogecoin – Is BONK the New DOGE?
12.1.2024
The Bonk price has dropped to $0.00001525 today, marking a 3% loss as the market also suffers a corrective dip in the past 24 hours. However, this dip has done little to reverse the very impressive gains BONK has made in recent days, with the meme coin actually up by 37.5% in the past week....
Bitcoin ETFs Enable the ‘Mass Marketing’ of a Worthless Asset to Main Street Americans, Says Better Markets
12.1.2024
An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial product to Main Street Americans.” The organization...