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Bitcoin faces ‘sell the news event’ before 2024 BTC price all-time high

Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual. should break new all-time highs in 2024 — but the halving will punish bulls first, new analysis says. In its latest market update released on Feb. 2, trading suite…
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Gen AI report highlights job loss concerns in entertainment

According to a CVL Economics report, 36% of entertainment leaders using generative AI report a reduced need for specific skills for daily tasks and responsibilities among their staff. Generative artificial intelligence (Gen AI) will lead to the loss of more jobs in the film and animation industry than in other sectors, according to consultancy firm…
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Ethereum futures premium drops to 3-month low — Is ETH undervalued?

The ETH prospects premium arrived at its most reduced level since November 2023, yet verifiable proof focuses to a purchasing a valuable open door. Ether ETH financial backers might be disheartened because of the 12.5% drop in the beyond three weeks, yet will a more profound gander at the resource’s information give more expectation or…
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Crypto teacher loses student’s $1.2M investment in fake hedge fund

According to the U.S. SEC, Brian Sewell allegedly never launched the crypto hedge fund that promised to use AI and other strategies for maximizing returns. A crypto exchanging course teacher is having to deal with penalties from the US protections controller for misdirecting 15 understudies into putting a consolidated $1.2 million in a mutual funds…
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Crypto Biz: Tether’s bumper 2023, Global X pulls Bitcoin ETF filing, and more

Tie’s strong exhibition in 2023 shows rising interest for stablecoins and closer ties between crypto firms and the conventional monetary framework. Tether, a stablecoin issuer, had a successful 2023, earning $6.2 billion in net profits primarily from passive income from USDT stablecoin reserves supported by US Treasury securities. Over the course of the past year,…
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Dogecoin network activity goes parabolic — Will DOGE price follow?

Dogecoin network activity has surged in the past week, but DOGE price hasn’t moved yet. Well known memecoin Dogecoin DOGE has been exchanging sideways, over the 200-day remarkable moving normal (EMA) since Jan. 7. DOGE cost is down 0.4% throughout the past week and 14% over the course of the past month, and, surprisingly, however…
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Solana (SOL) price is down, but network activity reflects strength

Solana price has been rocky over the past two weeks but user activity on the network continues to increase. Solana’s SOL local token, SOL, has encountered a 9.8% decay between Jan. 30 and Feb. 1, neglecting to break over the $104 obstruction for the fifth time in about a month. While considering a more drawn…
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Spot Bitcoin ETFs add 151K BTC amidst GBTC dump in January

In spite of forceful selling by the Grayscale Bitcoin Trust ETF, every one of the 10 spot Bitcoin ETFs altogether added almost 19,000 BTC in January. Update, February 1 at 12:15 UTC: Added the most recent openly revealed information from BlackRock’s iShares Bitcoin Trust and rectified the complete figures. The Grayscale Bitcoin Trust (GBTC) trade…
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Ripple chairman Chris Larsen hacked for reported 213M XRP worth approximately $112.5M

The alleged hack was reported by internet sleuth ZachXBT. Swell fellow benefactor and chief executive Chris Larsen said on Jan. 31 that his own records had been hacked. The news was first announced by crypto investigator ZachXBT, where it was at first believed that the actual organization had been hacked. “Yesterday, there was unauthorized access…
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Pro Bitcoin traders caught by surprise after BTC price rebounds 11% in 8 days

The cost of Bitcoin BTC expanded by 11% in the eight days following Jan. 23 subsequent to skipping off the $38,500 support. The development astonished numerous financial backers, including Arthur Hayes, prime supporter of the BitMEX trade. Hayes anticipated that risk assets, such as Bitcoin, would fall as a result of the increased risks of…
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