Ripple Fires Back at SEC's Unreasonable Demands, DOGE up as Elon Musk's Xpayments Nears Launch, Max Keiser Expects XRP to Crash to $0.01: Crypto News Digest by U.Today
u.today

Take a look at the most prominent crypto events that took place over this weekend!

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Bitcoin Setting Up for Price Explosion if Pattern Plays Out, According to Glassnode Founders – Here’s Their Target
dailyhodl.com

The co-founders of the crypto analytics firm Glassnode think Bitcoin (BTC) could be primed for a parabolic rise if the top digital asset repeats a particular pattern. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, draw attention to the quote “History doesn’t repeat itself, but […]

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Crypto Markets Likely To Go ‘Ballistic’ in 2024 With Altcoins Outshining Bitcoin: Analyst Jason Pizzino
dailyhodl.com

Analyst Jason Pizzino thinks altcoins could outshine Bitcoin (BTC) this year as the crypto markets anticipate two potential bullish catalysts. In a new YouTube video, Pizzino tells his 307,000 subscribers that two massive events for the crypto space are coming up this year: the Bitcoin halving and the US presidential election. Pizzino thinks the halving, […]

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OKB Faces Significant Over 50% Price Decline: OKX Platform Responds
nulltx.com

The native token of the OKX platform, OKB, experienced a sudden and substantial drop in value on January 23.  Plummeting from $52 to $25 before stabilizing, this abrupt decline underscores the inherent volatility of the cryptocurrency market, sparking concerns about its stability and the factors contributing to such rapid price fluctuations. OKX platform coin OKB […]

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A Colorado pastor accused of pocketing $1.3 million in <b>cryptocurrency</b> scam says the Lord …
www.google.com

A Colorado pastor facing civil fraud charges related to his cryptocurrency business admitted to pocketing $1.3 million but says he used part of it for …

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Revolutionizing Stablecoins: Figure Technologies Eyes SEC Approval for First-Ever Interest-Bearing Stablecoin
crypto-economy.com

The financial technology startup, Figure Technologies Inc., founded by former CEO of SoFi Technologies Inc., Mike Cagney, is seeking approval from U.S. regulators to issue an interest-bearing stablecoin. This initiative represents a novel attempt to create a new class of stablecoins with federal legitimacy. If successful, Figure would be the first to offer a stablecoin […]

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Bitcoin Adoption In Pakistan Continues To Rise Without Regulatory Clarity
bitcoinmagazine.com

Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good times are coming, and the country’s future is bright amid political chaos and a […]

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3AC Co-Founder Su Zhu Says His Time in Prison Was Quite Enjoyable
cryptopotato.com

After Three Arrows Capital collapsed during crypto winter, founders Su Zhu and Kyle Davies stuck around on Twitter, making excuses for themselves before going silent for months and resurfacing with a new crypto project – the exchange OPNX. Later on, the pair also launched “3AC Ventures,” a new hedge fund, although public information is limited. […]

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Ethereum Whale Transfers Across Exchanges And DeFi, What Is Going On?
www.newsbtc.com

An Ethereum (ETH) whale has recently executed a series of transactions, carrying out a considerable movement of funds across various platforms. The blockchain analytics platform Spot On Chain initially brought to light this activity, involving roughly $46.02 million in ETH tokens. Deciphering The Whale’s $46M ETH Transfer Across Major Platforms The whale, operating through a […]

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History Suggests Massive Bitcoin Correction Underway, According to Analyst Benjamin Cowen
dailyhodl.com

Analyst Benjamin Cowen believes Bitcoin (BTC) is about to enter a correction phase similar to prior market cycles as the crypto king teeters at $40,000. In a new strategy session, Cowen tells his 789,000 YouTube subscribers that Bitcoin has historically experienced a massive market correction as it approaches the halving. Every four years, Bitcoin undergoes […]

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Bitget Unveils New Messi Film To Kick Off Second Year of Messi Partnership
dailyhodl.com

January 23, 2024 – Victoria, Seychelles Bitget, the world’s leading cryptocurrency exchange and Web 3.0 company, today launches a new brand film about the internationally recognized footballer Lionel Messi to kick off their second-year partnership, with a continuation of the theme, ‘#MakeItCount.’ This campaign aims to inspire everyone to push beyond limits and seize opportunities, […]

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Ben Cowen Unveils Bold Predictions for Bitcoin Halving
cryptonews.com.au

Ben Cowen suggests that, while current market patterns echo those of 2016, future movements remain unpredictable. He discusses the interplay between Bitcoin and Ethereum, noting that significant movements in Bitcoin often precede a downturn in the Ether-Bitcoin pair. He further emphasises the importance of a consistent, Bitcoin-heavy investment strategy, acknowledging the risks and potential errors. […]

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Crypto Analysts Warn Investors to Watch Out for Buy Zones
cryptonews.com.au

During the cryptocurrency market downturn, investors are debating whether to purchase during the low (‘buy the dip’) as suggested by Raoul Pal. Scott Melker disagrees that the Spot Bitcoin ETF launch was flawed, arguing instead that it’s the most successful ETF launch in history and predicting Bitcoin’s price will rise. Analyst Rekt Capital suggests that […]

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Ethereum (ETH) In Dangerous Position, Bitcoin (BTC) About to Lose $40,000, Shiba Inu (SHIB) At Local Support
u.today

As Bitcoin drops below $41,000, altcoins take hit

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US targets Iraqi airline Fly Baghdad, its CEO and Hamas <b>cryptocurrency</b> financiers for … – Quartz
www.google.com

Iraqi airline Fly Baghdad is denying U.S. allegations that have resulted in it being hit with sanctions from the Treasury Department.

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ARBITRUM PRICE ANALYSIS & PREDICTION (January 22) – ARB Slips Below $2 After Losing Momentum For A Week, Can It Recover?
nulltx.com

Yesterday saw ARB through a major crack below a psychological level after losing steam for a week. Although, it has charted a notable loss in three days. It may retake the cracked level if the market recovers.  Last week, ARB reached its highest price level of $2.42 after witnessing a dramatic increase for 80 days. […]

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Cornell University’s College Scholar Program Approves First Bitcoin Focused Degree
bitcoinmagazine.com

Cornell University’s College of Arts & Sciences’ College Scholar Program has officially approved the first independent Bitcoin-focused study on January 11th. The pioneer behind this academic milestone is Ella Hough, a student at Cornell University, who is set to embark on a unique academic journey that is centered around Bitcoin. “The past 15 months have […]

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Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection
dailyhodl.com

Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary petition to the U.S. Bankruptcy Court for the District of Delaware. The document, which was filed on Sunday, indicates Terraform Labs has between 100-199 creditors, owns between $100,000,001-$500 million in estimated assets, and owes between […]

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Shock Vote on Cosmos Hub! Community Rejects Proposal 868, Keeping ATOM’s Minimum Inflation at 7%
crypto-economy.com

The Cosmos Hub community has voted against Proposal 868, deciding to maintain the minimum inflation of the ATOM token at 7%. The proposal, which aimed to reduce inflation, was met with significant resistance, leading to its ultimate rejection. The Cosmos Hub, a decentralized network of independent parallel blockchains, is powered by the ATOM token. The […]

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Avalanche’s Culture Catalyst: Eligibility Rules for Memecoins Purchase Revealed
crypto-economy.com

Avalanche Foundation, the supporter of the Avalanche blockchain, has taken steps in its memecoin acquisition initiative by introducing an eligibility framework that outlines key criteria for the consideration of these highly volatile coins. This move is part of the foundation’s strategy to foster culture, creativity, and engagement within its ecosystem. The recently released eligibility criteria […]

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SEC Reveals Multi-Factor Authentication Disabled Before False ETF Approval Post
cryptopotato.com

On Monday, the Securities and Exchange Commission (SEC) disclosed that multi-factor authentication (MFA) on its X account was disabled leading up to a false post earlier this month, just before the formal approval of spot Bitcoin ETFs. The incident occurred on Tuesday, January 9, 2024, when the SEC’s @SECGov X account was compromised, and unauthorized […]

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XRP Price Topside Bias Vulnerable If It Continues To Struggle Below $0.60
www.newsbtc.com

XRP price is consolidating above the $0.520 support. The price could gain bearish momentum unless there is a close above $0.550 and $0.570. XRP is showing bearish signs below the $0.550 and $0.570 resistance levels. The price is now trading below $0.5420 and the 100 simple moving average (4 hours). There is a key bearish […]

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Satoshi-Era Ethereum Wallet Suddenly Awakens
u.today

Whale Alert has reported a significant transfer of 133 ETH from a long-inactive pre-mine address, stirring intrigue and speculation in the crypto community

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Cardano Leads in Development Activity, Surpassing Polkadot and Optimism
cryptonews.com.au

A Santiment report has revealed Cardano dominates developer activity, dispelling some “zombie chain” doubts over the past fortnight. Cardano leads the way but is closely followed by Polkadot and Kusama, while Optimism and Ethereum rise up the rankings. The price of Cardano’s native token, ADA, has fallen nearly 10% amid a rough week for the […]

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SEC Reveals Details About Bitcoin ETF Hack Incident
cryptonews.com.au

In yet another plot twist, the SEC revealed that they purposefully disabled multi-factor authentication about six months prior to the hack. An exploit called “Sim swapping” is blamed, which has raised eyebrows over such a significant security lapse at a major government agency. The incident highlights the importance of cybersecurity for everyone – even those […]

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Disruptive Online Casino BitcoinGames.com Transforms <b>Cryptocurrency</b> Gambling Landscape
www.google.com

… gaming. The platform also champions a swift transactional experience, offering instant, free cryptocurrency transfers with limitless maximums.

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Why Is Bitcoin Censorship Resistant?
bitcoinmagazine.com

One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good reason that the phrase “censorship resistant” is the wording you hear […]

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Trust Wallet Launches ETH Pooled Staking Service
dailyhodl.com

January 23, 2024 – Dubai, United Arab Emirates Trust Wallet, a leading cryptocurrency gateway, announces the launch of ETH pooled staking. This feature aims to expand the Ethereum staking experience, offering greater access, potential for rewards and security for Trust Wallet users. ETH pooled staking, offered through Trust Wallet and powered by Kiln, addresses some […]

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Blockchain Finance Firm Ondo Expands Into Asia Pacific Amid On-Chain Activity Concerns
nulltx.com

Leading blockchain finance company Ondo Finance has made a strategic move into the Asia Pacific region, marking its entry with the opening of its inaugural office in the area. The expansion aims to strengthen Ondo Finance’s presence and offerings in the rapidly growing market. Ondo Finance is introducing three tokenized products to its portfolio, catering […]

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Abra Settles with Texas Regulator, Will Open Withdrawals for 12,000 Customers
www.financemagnates.com

The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypto assets for roughly 12,000 investors. Withdrawals Will Start Under the settlement terms, Abra clients with a balance […]

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Celsius Dump Triggers Ethereum Dive: $35 Million Sell-Off Sends ETH Price Crashing
www.newsbtc.com

Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected noteworthy transfers, including a 13,000 ETH deposit ($30 million) on Coinbase and an additional 2,200 ETH ($5 million) on FalconX. These transactions suggest a […]

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Solana collapses! What can happen to SOL in the short term?
crypto-economy.com

In recent days, Solana (SOL) has seen a sharp drop in its price, raising concerns about the possible bursting of the bubble that led the cryptocurrency to reach a high of $126 on December 26, 2023. Data from CoinMarketCap reveals an 8.7% decrease in price in the last 24 hours, placing it at around $80 […]

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