Midday News Update #Web3
💸 Former Barclays exec John Glover predicts #Bitcoin could hit $125K by Q1 2025, citing Elliott Wave Theory, after completing a correction phase below $92K earlier this week.
🪙 #Ethereum eyes $4K as RSI climbs to 63.6, supported by bullish indicators and a surge in whale wallets holding over 1,000 $ETH, signaling renewed investor confidence.
🌐 #SEİ EVM surpasses 10M addresses, with 5M new addresses added in the last 30 days, contributing up to 85% of network activity, marking a record growth phase.
🐶 Shiba Inu’s $TREAT token launches on Jan 14, acting as a utility and governance tool for its Layer 3 privacy-focused blockchain, key to full ecosystem decentralization.
⚖️ Terra founder Do Kwon faces up to 130 years in prison as US prosecutors build a fraud case involving five key schemes, including manipulating LFG and misrepresenting Terra’s stability.