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9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
26.1.2024
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion....
US Government to Sell $116 Million in Bitcoin Seized From Darknet Dealer ‘Xanaxman’
26.1.2024
The forfeiture division of the U.S. government has announced its plan to sell 2,933.64 bitcoin. These were confiscated from Ryan Farace, who faced charges in 2021 for laundering proceeds from drug trafficking. Farace, also known by his alias Xanaxman, disclosed in his plea agreement that...
Bonk Price Prediction Following Meme Coin Sector’s Recovery – Can BONK Reach $1?
26.1.2024
The Bonk price has jumped by 9% today, surging to $0.00001171 as the cryptocurrency market as a whole gains by 2.5% in the past 24 hours. This means that BONK is now down by 1.5% in a week and by 26% in the last 30 days, falling as part of a market-wide sell-the-news reaction to […]
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EchoLink’s Launchpad on LBank Witnesses Over 763% Surge within the First 30 Minutes
26.1.2024
PRESS RELEASE. LBank’s latest Launchpad project, EchoLink, has sparked significant excitement in the cryptocurrency market with its initial trading on LBank today. EchoLink began trading on January 26, 2024, at a price of $0.01, and astonishingly, within just the first 30 minutes, its price...
Shiba Inu Price Prediction as Shibarium Upgrades Trigger 4,240% Burn Rate Surge – A New Era for SHIB?
26.1.2024
The Shiba Inu price has remained static in the past 24 hours, holding to $0.000008872 as the cryptocurrency market as a whole gains by a very slight 0.3% today. This movement means that SHIB has fallen by 4% in a week and by 16% in the last 30 days, with the popular meme token also […]
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Bitcoin Technical Analysis: BTC Reclaims $41K Mark Following Short-Term Consolidation
26.1.2024
At present, the price of bitcoin is $41,106, marking a significant climb from its 24-hour low of $39,538 and peaking at $41,474. This upward movement signifies a 3% gain within the last day, reflecting a surge of optimistic sentiment among investors in the short term. Yet, when expanding the view...
Sygnum Bank Surpasses $40 Million in Strategic Funding Round
26.1.2024
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...
Bitcoin Price Prediction: Rises to $40,125 Amid Tesla’s $184M Holding and GBTC Stability
26.1.2024
In the realm of cryptocurrency, Bitcoin’s price prediction continues to draw attention as the digital currency experiences a modest increase, trading at $40,125, up by 0.30%. This surge aligns with significant developments in the crypto landscape. Notably, Tesla’s latest financial...
Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria
26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....
South African Regulator Expects to Determine Fate of 50 Crypto License Applications in ‘Coming Weeks’
26.1.2024
The head of enforcement at South Africa’s financial industry watchdog said on Jan. 24 that he expects the organization to decide the fate of 50 crypto firms’ license applicants in the coming weeks. The watchdog stated that from the more than 100 entities that applied for a license, 20 have since...
Former Bitmex Chief Expects Bitcoin to Bottom Out Between $30,000 and $35,000
26.1.2024
Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $30,000 and $35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that...
Tesla Maintains Bitcoin Holdings — $184M in Digital Assets Shown on Balance Sheet
26.1.2024
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s balance sheet for Q4 2023 shows net digital assets of $184 million. Musk is convinced that in the long term, Tesla will be the most valuable company on earth. The billionaire recently disclosed...
Pandoshi (PAMBO) Emerges as a Contender to Shiba Inu’s (SHIB) Success
26.1.2024
  In the volatile cryptocurrency market, investors continually seek emerging assets that offer exceptional profit potential. As we progress into 2024, this quest gains increasing relevance, with attention pivoting toward cryptocurrencies like Pandoshi (PAMBO) that exhibit immense room...
Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program
25.1.2024
The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...
Topps Navigates Web3 Hurdles: Shifts to Fortress Amid Regulatory Challenges in NFT Expansion
25.1.2024
This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a transition to a new provider, Fortress, in September....
Ransomware and Darknet Markets Top List For Most Prominent Crypto Crimes
25.1.2024
A new report from blockchain analysis firm Chainalysis found that crypto related crimes decreased in 2023. While notable, findings also show that ransomware and darknet market activity involving cryptocurrency increased considerably. Eric Jardine, cybercrime research lead for Chainalysis, told...
Crypto Lender Abra to Return Assets to Texas Investors
25.1.2024
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors. Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings...
Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry Expansion
25.1.2024
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point, Swan’s mining subsidiary has successfully...
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
25.1.2024
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen...
3 Cryptos Under the Radar: Potential Breakout Stars in 2024’s Market
25.1.2024
Under-the-radar cryptos like Celestia, Manta, and Sponge V2 are positioned for major growth in 2024 due to their unique capabilities. Image by AMERO MEDIA, Adobe Stock. The cryptocurrency market has seen monumental growth over the past year, with the total market capitalization more than doubling...