- A tumultuous week in the crypto market with a series of events including hacks, fake news, and the introduction of groundbreaking Bitcoin spot ETFs.
- The SEC's Twitter account was compromised by hackers who falsely announced the approval of an ETF, leading to significant fluctuations in Bitcoin's price.
- Despite the earlier chaos, the launch of Bitcoin spot ETFs was a success, resulting in substantial trading volumes and outperforming other Bitcoin ETFs.
- Coingecko experienced a Twitter hack similar to the SEC, putting users at risk of falling victim to a phishing scam.
- U.S. officials issued warnings about the increased use of AI for malicious activities such as hacking, scamming, and money laundering in the future.

Diving into the second week of January in the crypto space brought a mix of surprises, milestones, and security challenges. The week commenced with a shocking turn of events as the SEC's official Twitter account announced the approval of spot Bitcoin ETFs, causing a surge in Bitcoin prices. However, the excitement was short-lived when SEC Chair Gary Gensler revealed the tweet was a result of a hack, prompting concerns about the SEC's security protocols and its ability to safeguard sensitive information.
This incident raised questions about who watches over the regulators, prompting U.S. Senators to seek an explanation. Just a day after this turmoil, on January 10, 2024, the eagerly awaited spot Bitcoin ETFs were officially approved, marking a significant milestone for the crypto market. The ETF market went live on January 11, with an impressive combined trading volume of approximately $4.5 billion on the first day, outperforming Bitcoin futures ETFs.
In terms of return on investment (ROI), spot Bitcoin ETFs outshone both GBTC and Bitcoin futures ETFs, with an average return of 6.7%. Notably, the Grayscale Bitcoin Trust (GBTC) emerged as the best-performing spot Bitcoin ETF, followed by Blackrock's ETF and Fidelity's ETF.
The crypto sector faced another setback when Coingecko, a major crypto data aggregator, fell victim to a hacking spree on January 10, 2024. The attackers gained access to Coingecko's X account and terminal, posting a phishing link that led users to a fake website offering airdrop tokens for a supposed new crypto ($GCKO). This incident underscored the urgent need for enhanced crypto education, revealing that human errors, such as clicking on fraudulent links, can still pose significant security risks despite robust measures like two-factor authentication.
Meanwhile, at the International Conference on Cyber Security, U.S. officials raised concerns about the darker side of AI, emphasizing its potential role in cybercrimes such as hacking, scamming, and money laundering. They highlighted AI's ability to reduce the technical expertise required for such illicit activities, pointing to the rising threat of AI-based cyber attacks, particularly deepfakes.
As the crypto landscape navigates these challenges and milestones, it's crucial for participants to stay informed and exercise caution, given the volatile nature of cryptocurrencies. Voice of Crypto provides information with the aim of accuracy, but users are encouraged to conduct their own research and make informed financial decisions, considering the inherent risks associated with crypto assets.

#BitcoinETFapproved #SEC #altcoins #CoinGecko #AIsignals
$BTC

SLEEPLESS AI’S $2.5 MILLION INVESTMENT TO SECURE $AI TOKEN’S FUTURECONTENTS1. The $AI together plan – Sleepless AI’s strategy for long-term growth2. Addressing market perceptions and building investor confidence3. ConclusionTL;DRSleepless AI has launched the $AI Together Plan, committing $2.5 million from NFT auction revenues to bolster the long-term value of the $AI token following its successful launch on Binance.This strategic investment aims to address market skepticism, enhance the token’s market value, and build investor confidence, positioning the $AI token for sustained growth and stability.Following the successful launch of its $AI token, Sleepless AI has announced a significant financial strategy, the $AI Together Plan. The initiative involves channeling an estimated $2.5 million, accrued from the company’s NFT auction revenues, into securing the long-term price performance of the $AI token. Amidst the market’s mixed reactions, ranging from congratulations to skepticism, Sleepless AI is taking a firm stand to bolster the value of its digital asset.The $AI Together Plan is a clear response to the current market valuation of the $AI token, which Sleepless AI believes is undervalued. By dedicating a substantial portion of its NFT auction revenue to the token, the company aims to demonstrate its confidence in the token’s potential and address any market uncertainties. The move is indicative of Sleepless AI’s commitment to its investors and its belief in the token’s long-term growth prospects.The $AI together plan – Sleepless AI’s strategy for long-term growthThe $AI Together Plan is a strategic initiative by Sleepless AI to ensure the stability and growth of the $AI token in the long run. The plan is not just about injecting funds into the token; it’s a comprehensive strategy to enhance its market value and investor appeal. The allocation of $2.5 million from NFT auction revenues is a testament to the company’s belief in the token’s inherent value and its potential for significant growth over time.The strategic investment is expected to positively impact the token’s market performance, instilling confidence among current and potential investors. Sleepless AI’s proactive approach to managing the token’s value demonstrates a deep understanding of market dynamics and a commitment to navigating the complex landscape of cryptocurrency investment. The $AI Together Plan is poised to play a crucial role in shaping the future trajectory of the $AI token, making it a more attractive and stable investment option.Addressing market perceptions and building investor confidenceThe launch of the $AI token has been met with a spectrum of reactions, highlighting the challenges and opportunities in the cryptocurrency market. Sleepless AI’s decision to invest heavily in the token is a bold move to address market skepticism and reinforce investor confidence. The initiative is not only about enhancing the token’s value but also about sending a strong message to the market about the company’s dedication to its digital assets.By openly communicating its strategy and intentions with the $AI Together Plan, Sleepless AI is setting a new standard in transparency and investor relations in the crypto space. The approach is likely to resonate well with investors, especially those who may have reservations about the token’s future. The company’s commitment to its investors and the token’s long-term success is a reassuring signal to the market, potentially leading to increased interest and investment in the $AI token.ConclusionSleepless AI’s $AI Together Plan represents a forward-looking approach to securing the long-term success of the $AI token. The company’s substantial investment and strategic focus on enhancing the token’s market value reflect its commitment to growth and investor confidence. As Sleepless AI navigates the evolving landscape of cryptocurrency, the $AI Together Plan stands as a significant move towards ensuring the stability and prosperity of its digital assets. The initiative not only bolsters the $AI token’s position in the market but also reinforces Sleepless AI’s reputation as a visionary and investor-centric company in the crypto industry.As a Web Researcher and Internet Marketer, crypto expert delivers relevant valuable content for audiences. He focuses on financial and crypto market analysis,🏆 as well as technology-related areas that help people change their lives. I have 10 years experience in CRYPTO follow me more valuable post ..thank u💌🙏