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Morgan Stanley on Decline of US Dollar, JPMorgan Warns of a BTC Selloff, BTC Mining Improved, and More — Week in Review
28.1.2024
Morgan Stanley has raised concerns about the potential decline of the U.S. dollar’s dominance due to the increasing interest in digital currencies. Meanwhile, JPMorgan has warned of a potential bitcoin selloff, anticipating a $3 billion outflow from Grayscale’s Bitcoin fund....
Crypto Forensics Breakthrough: Finnish Authorities Trace Monero in High-Profile Hack
28.1.2024
The National Bureau of Investigation in Finland has reportedly made significant progress in tracing Monero (XMR) transactions as part of an ongoing investigation into the criminal trial of Julius Aleksanteri Kivimäki. Kivimäki stands accused of hacking a private mental health firm’s database...
AI Hype: CFTC Urges Investors to be Wary of AI-Created Crypto-Asset Arbitrage Algorithms
28.1.2024
The Commodities Futures Trading Commission has urged investors to be wary of artificial intelligence-created algorithms which promise dubious returns on crypto asset investments. The commission said investors should conduct background research on the companies or individuals who offer such...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Deutsche Bank Survey: Over One-Third of Respondents Expect Bitcoin to Fall Below $20,000
28.1.2024
A Deutsche Bank survey has revealed that over one-third of 2,000 respondents anticipate bitcoin’s price to drop below $20,000. Moreover, around 15% of those surveyed predict the cryptocurrency’s price to range between $40,000 and $75,000 by the end of the year. Respondents Expect...
JPMorgan Sees Downward Pressure Easing for Bitcoin as Grayscale Profit-Taking Fades
28.1.2024
Global investment bank JPMorgan says that profit-taking from Grayscale’s bitcoin trust (GBTC) has largely happened already. “This would imply that most of the downward pressure on bitcoin from that channel should be largely behind us,” the bank’s analyst explained....
Could this $0.09 token be the next Solana? Whales are already taking positions
27.1.2024
Solana (SOL) has been one of the most recent success stories in the cryptocurrency market, rising more than 700% between January 2023 and January 2024. However, a recent pullback has paved the way for a new breakout star with similar or better potential.Retik Finance (RETIK) is a fairly...
BlackRock’s IBIT ETF Soars: Surpasses $2 Billion Market Cap in Crypto Milestone
27.1.2024
BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11...
Bonk Price Prediction as $100 Million Floods In – Are Whales Buying?
27.1.2024
As the cryptocurrency market continues to evolve, Bonk (BONK) emerges as a noteworthy new player, currently trading at a striking $0.000012. With a significant influx of approximately $116.6 million in trading volume in just 24 hours, Bonk is drawing attention in the crypto space. Despite...
Bitcoin and Ethereum Price Prediction as BTC Bounces 5% and ETH Pushes Past $2,200 – New Rally Starting?
27.1.2024
Bitcoin and Ethereum are charting a renewed path in the cryptocurrency markets, signaling a potential rally. On Saturday, Bitcoin saw a noteworthy rise, trading at $41,833, marking over 4% increase. The recent call for enhanced regulation by the chair of the CFTC, specifically targeting concerns...
Gala MUSIC Launches on LBank Exchange: A New Era in Music Streaming and Blockchain Technology
27.1.2024
PRESS RELEASE. In an exciting development for music enthusiasts and blockchain aficionados alike, Gala MUSIC, a trailblazing decentralized music platform, has officially launched on LBank Exchange. This launch marks a significant milestone in the evolution of the music industry, intertwining...
Shiba Inu Team To Begin Auto Burn Testing, Sei and NuggetRush Remain Bullish
27.1.2024
TLDR: NuggetRush has risen 80% so far during its presale. Shiba Inu Team wants to begin testnet deployment for auto burn this January. Analysts have predicted that the price of Sei will reach $0.805291 soon. The Shiba Inu team is gearing up to start testnet deployment for its auto-burn feature this...
Estonian Government Approves Extradition of Crypto-Fraud Accused Duo to the US, Again
27.1.2024
The Estonian government has once again approved the extradition of the two alleged masterminds behind the Hashflare crypto mining Ponzi scheme to the United States. According to a local news report, the government has met the conditions for the men’s extradition set by the Tallinn Circuit Court....
New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility
27.1.2024
WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets. The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad. Jupiter...
ECB Staff Unhappy With Christine Lagarde’s Leadership, Survey Shows
27.1.2024
A survey of European Central Bank (ECB) staff has revealed widespread dissatisfaction with President Christine Lagarde’s leadership. More than half of the respondents rated Lagarde’s performance as “very poor” or “poor.” Some expressed concerns that the former...
SEC Delays Spot Ethereum ETF Decisions
27.1.2024
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock, the world’s largest asset manager, and Grayscale Investments. Grayscale is seeking to convert its existing Ethereum Trust into a spot ETF. Spot...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
Best Crypto to Buy Now January 26 – Chiliz, Conflux, Optimism
26.1.2024
The cryptocurrency market has shown promising signs of strength today, with Bitcoin climbing 5% to trade around $42,000. This upward momentum has provided further tailwinds for altcoins like Chiliz (CHZ), which has surged 25% over the past month. With major partnerships and developments in...
Star Trek’s Jonathan Frakes Set to Direct Series for Jeff Garzik’s Web3 Production Studio: Deadline
26.1.2024
Star Trek’s Jonathan Frakes is set to direct a TV adaptation of the sci-fi book series “Deathlands” for crypto developer Jeff Garzik’s Web3 production studio NextCypher, Deadline reports. Commander turned director Known for his role as Commander William Riker in Star Trek...
Bitcoin and Ethereum Price Prediction as Tesla Still Holds $380 Million BTC and Another ETH ETF Gets Delayed
26.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) has recently reversed its downward trend, surpassing the significant $41,000 mark. This resurgence not only bolsters confidence in Bitcoin but also paves the way for other major cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE)...