Sei Network prediction highlights growing stability after a brief dip from its January peak of $0.85, thanks to a firm support level at $0.775. This trailblazer in the world of sector-specific Layer 1 blockchains for decentralized exchanges (DEXes) is currently eyeing a medium-term target of $1, trading comfortably at $0.8 during US business hours on Wednesday. […]
Bitcoin: Crypto Trader Bullish On BTC Amid Signs Of Recovery
Bitcoin price’s recent movements have stirred attention among investors, with signs of a modest recovery following a sharp decline. Amid this shift, a prominent crypto trader’s bullish outlook on Bitcoin’s future, fueled by significant whale accumulation, has sparked discussions in the crypto community. Notably, as market sentiments sway, the spotlight remains on Bitcoin’s resilience amid […]
AI News: UN Boss Calls Out Big Tech’s ‘Profit-Driven Recklessness’
During the World Economic Forum (WEF) meeting that was held recently in Davos, the United Nations (UN) Secretary General, António Guterres, highlighted certain big AI firms that are recklessly profit-oriented. AI Firms Shunning Social Impact Over Profit According to the UN official, these AI firms are beginning to get too concerned with amassing profit at […]
3 Ethereum Altcoins Outperforming Solana Today
Ethereum has seen slow growth amid the recent market crash, and partly fueled by the fading expectation of SEC approving Ethereum ETFs in may. ETH has experienced losses by 15% in the past week, facing resistance at $3,550, with Bitcoin also making a substantial pullback. Despite this downtrend, some Ethereum-based cryptocurrencies have shown significant growth […]
Thailand SEC Lifts Restriction On Digital Tokens Investment
Thailand’s Office of the Securities and Exchange Commission (SEC) has lifted restrictions on digital token investments, ushering in a transformative era for crypto enthusiasts. Notably, the SEC’s latest press release, dated January 18, unveils updated criteria aimed at fostering a secure and vibrant digital asset landscape. Meanwhile, these regulatory changes, effective from January 16, 2024, […]
Binance Co-Founder Optimistic Amidst CZ’s Legal Situation
At a meetup in Dubai, Binance co-founder He Yi addressed the legal circumstances of Changpeng Zhao, also known as CZ. Yi provided reassurance regarding the former CEO’s situation, as CZ awaits sentencing in the United States. Despite the impending legal consequences, Yi described CZ’s position as “largely peaceful.” This update was shared during the Token2049 […]
Indian Crypto Community Awaits Budget 2024 with Hopes for Tax Reforms
India prepares to unveil its Union Budget for 2024 on February 1. Meanwhile, the domestic cryptocurrency sector is holding its breath for a significant tax cut. Rajagopal Menon of WazirX has expressed the community’s hopes to CoinGape, advocating for a substantial decrease in the Tax Deducted at Source (TDS). He said, “We hope that the […]
Bitcoin Price Risk Falling On Options Expiry Before Bitcoin Halving?
Bitcoin price fell below $60,000 today after reports of Israel missile attack on Iran surfaced, which were later confirmed to be Iran’s defense systems taking down drones. Meanwhile, Bitcoin and Ethereum prices rebound due to short squeezes, but traders brace for the last crypto options expiry ahead of this Bitcoin halving as volatility prevails in […]
VeChain Official Account Hacked, Used to Promote Scam Giveaway
VeChain, a prominent blockchain-based protocol, became the latest victim of a cyber attack when its official X account was compromised on January 18, 2024. The hackers used the account to orchestrate a scam giveaway, targeting VeChain (VET) and Ethereum (ETH) holders with promises of lucrative returns. This incident adds to the growing list of cybersecurity […]
Bitcoin Price Update: BTC Halving Changes Altcoins Outlook, Ethereum, Solana On The Move
Bitcoin price update: After taking investors on a rollercoaster for the last two weeks, the crypto market started to move up on Friday, hours before Bitcoin halving. Investors who had been anxiously waiting for the green light rallied behind BTC price and also the altcoins, most of which are witnessing modest gains. Ethereum, the second-largest […]