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Throwback to 2012 when #Coinbase gave you 0.1 $BTC (worth $1.20 then, $4200 now) just for referring people.

Sui Price Prediction: Can Explosive DeFi TVL Surge To $341M Keep SUI Holders Blissful?

Sui price prediction: SUI surged 10% on Monday unbothered by ongoing market doldrums following the spot ETF triggered sell-off last week.

Despite the fireworks surrounding the approval of spot Bitcoin ETFs last week, the crypto market entered the new week with a hangover. Initial surges in Bitcoin and most altcoins quickly gave way to profit-taking, leaving many licking their wounds. However, amidst the bear clouds, a handful of altcoins like Sui (SUI), Binance Coin (BNB), Chainlink (LINK), and Aptos have remained surprisingly resilient, even flashing green.

For Sui, this bullish defiance could offer promising opportunities. Increased investor interest could see the path of least resistance shift upward, ushering in a new phase of price discovery.

After surging in double-digits despite the calm crypto market on Monday, Sui price trades at $1.39. The uptick in the price has been drastic in 2024, with the token rallying by 80% since January 1.

Sui currently sits above the most crucial bull market indicators starting with the 200-day Exponential Moving Average (EMA) (in purple), the 50-day EMA (in red), and the 20-day EMA (in blue).

Doge and Shiba Inu Fail to Impress Following Approval of Bitcoin ETF

Over the past day, DOGE and SHIB have experienced a 5% and 4% increase in value, respectively. Despite these gains, bearish forces still maintain control in both markets
Meme-based cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB), experienced modest gains of 5% and 4% respectively within the past 24 hours. This increase followed the recent approval of a Bitcoin ETF by the Securities and Exchange Commission (SEC).

As of the latest update, DOGE was trading at $0.08264, while SHIB was valued at $0.00000994, based on CoinMarketCap data.

DOGE bulls beware
Caution is advised for DOGE enthusiasts, as the positive momentum resulting from the BTC ETF approval manifested in a slight upward crossover of DOGE's MACD with its trend line on a 12-hour chart. While this typically signifies the beginning of a new bullish cycle, it's important to highlight that the demand for DOGE remained relatively subdued.

BLACKROCK CEO LARRY FINK SAYS BITCOIN "IS AN ASSET CLASS THAT PROTECTS YOU"

The worlds largest asset manager CEO says Bitcoin is no different that what gold represented for thousands of years.

In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it "is an asset that protects you."

"I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they're fearful of their own risks," said Fink. "It's no different than what gold represented over thousands of years. It is an asset class that protects you."

Fink's recognition of Bitcoin as a protective asset suggests helps shift the narrative surrounding the digital currency, emphasizing its role as a safeguard amid economic uncertainties. This endorsement from the head of the world's largest asset management firm is a significant milestone for Bitcoin's acceptance within mainstream financial circles.

"Unlike gold where we manufacture new gold, we're almost at the ceiling of the amount of Bitcoin that can be created," Fink continued. "What we're trying to do is offer an instrument that can store wealth."

The statement comes just two days after the US Securities and Exchange Commission (SEC) approved BlackRock's, alongside 10 other asset managers, spot Bitcoin ETF. Fink's positive sentiment further adds to the growing chorus of influential figures recognizing Bitcoin's potential to play a protective role in an investment portfolio.

As the Bitcoin market continues to evolve, statements like these from key industry figures contribute to shaping a positive narrative around Bitcoin, potentially influencing broader market sentiments and paving the way for increased adoption.

SOL Potential: Can It Hit $150 Amidst Spot BTC ETF Buzz?

Solana Price Prediction: SOL is currently experiencing a temporary decline before embarking on a surge towards $150. Want to know the ideal entry point?

In the face of recent market volatility surrounding the potential approval of a spot Bitcoin ETF, Solana's price has experienced a significant correction over the past two weeks. After reaching a new local high of $126.36, the coin has witnessed a sharp decline of nearly 25%, currently trading at $94.58. However, a closer look at the daily chart reveals the formation of a bullish Flag pattern, suggesting that the asset may soon rebound and aim for higher price targets.

The retracement to the 38.2% Fibonacci level indicates that the overall trend for Solana remains bullish. If the price successfully breaks out of the flag pattern in a bullish manner, it would suggest that the correction phase is coming to an end.

With a 24-hour trading volume of $3.3 billion, Solana has seen a 12% gain, indicating growing investor interest. The recent pullback from the all-time high of $126 in late December found support at the 38.2% Fibonacci retracement level of $85.

Is Ethereum's Comeback Possible as it Struggles Against BTC

The price of ETH reached its lowest point in the past 20 months when compared to BTC. However, there is potential for an increase in the altcoin's price in Q1, driven by its upcoming major upgrade.

The altcoin, Ethereum [ETH], has been experiencing a decline in its value against Bitcoin [BTC] since May 2022, as per AZC News analysis. The last six months have been particularly unfavorable, with a drop of 18.80% to 0.048 BTC.

However, the recent compromise of the U.S. SEC’s X account has led to hackers announcing the approval of all spot ETFs, causing a sharp increase in volatility and prices of cryptocurrencies. In the midst of this, ETH has gained.

Bitcoin Price Prediction as ETF Deadline Ends Today – $100,000 BTC Incoming?

In a dramatic turn of events, Bitcoin, the most prominent cryptocurrency, recently witnessed a surge to nearly $48,000. This unexpected rise was triggered by a misleading tweet from the U.S. Securities and Exchange Commission (SEC), which falsely indicated the approval of Bitcoin exchange-traded funds (ETFs).

However, this surge was short-lived as the SEC promptly rectified the situation, confirming their social media account had been compromised and denying the approval of Bitcoin ETFs. This clarification led to Bitcoin’s price correcting to around $46,000.

#ARB ARB Skyrockets: 49% Monthly Surge, Arbitrum TVL Doubles

ARB, the intrinsic token powering Ethereum's layer 2 scaling through Arbitrum, notched an impressive 49.49% surge in the last

Arbitrum's Dominance in Layer 2 Solutions Unveiled
Amidst the ever-evolving landscape of blockchain technology, the native token of Arbitrum, ARB, has firmly established itself as a frontrunner in the Ethereum layer 2 scaling domain. Demonstrating an impressive surge of 49.49% in the past month, ARB has set itself apart from its counterparts in the market.

The Catalysts Behind ARB's Stellar Performance
Several factors contribute to the remarkable success of ARB. Foremost among them is its soaring trading volume, recently surpassing $3.3 billion and experiencing a staggering 3000% increase within a month. This surge not only indicates growing investor confidence but also underscores the escalating interest in the untapped potential of Arbitrum.h

Daily Analysis: BTC, ETH, SSV, LDO, DAO

Markets are facing corrections after fake news of an ETF approval sent cryptos pumping. This came as the SEC website was hacked, giving out unauthorized news of an ETF approval. The global market cap has declined by 0.9% from its previous 24-hour mark in the unfolding of this event.

LTC gets green light on HashKey

On Jan. 10, HashKey Exchange announced the listing of LTC on a licensed virtual asset exchange in Hong Kong. Deposits and withdrawals are now available, with trading set to begin on Jan. 12 between the LTC/USD pair. LTC deposits and withdrawals are available through the Litecoin network, with trading open only to professional investors

In addition, the exchange is launching a “Learn How to Earn HSK” campaign to give away a reward pool of 5,000 HSK to qualified HashKey exchange customers. Rewards will be distributed on a first-come, first-serve basis to the first 250 customers who submit a quiz with correct answers.

The LTC price showed virtually no reaction to the news. Over the past 24 hours, the coin has risen in price by 1.66%, according to CoinMarketCap data, to $67.25. At the same time, trading volume in the token has increased by 17.5% reaching $483 million.

The crypto ETF's are to be approved VERY soon

They will bring a lot of new investors/capital to crypto. Not only BTC/ETH will profit, all of crypto will grow

NOW is the moment to complete your bag

Shiba Inu (SHIB) Skyrockets 1,288% as Whales Go on Buying Spree to Eliminate Zero

At the time of writing, SHIB was trading below the $0.00001 mark, up 4.25% in the last 24 hours to $0.0000093. According to IntoTheBlock data, Shiba Inu is seeing a 1,288% spike in large transaction volume, which reflects the total amount in crypto terms moved in large transactions. For context's sake, large transactions refer to those where more than $100,000 were transferred. Large Transaction Volume indicates the total amount transacted by whales or large holders in a single day. Increases in large transaction volumes point to high activity among whales, either buying or selling. Per IntoTheBlock data, large transaction volumes reached 9.38 trillion SHIB in the last 24 hours, which was remarkably the highest in the last seven days.

Shiba Inu dipped to lows of $0.0000085 in yesterday's trading as the market fell at the start of Monday as investors eagerly awaited the SEC's decision on a Bitcoin spot ETF

Nonfiction Authors Sue OpenAI and Microsoft for Copyright Infringement in Latest Legal Battle

The Basbanes and Gage lawsuit, however, specifically seeks damages of up to $150,000 for each instance of copyright infringement.

This latest legal challenge adds to a growing list of lawsuits against OpenAI and Microsoft.Nonfiction Authors Sue OpenAI and Microsoft for Copyright Infringement in Latest Legal Battle

OpenAI and Microsoft are facing yet another copyright infringement lawsuit, as nonfiction authors Nicholas Basbanes and Nicholas Gage have taken legal action against the tech giants, claiming that they used their copyrighted works to develop their artificial intelligence (AI) system.

The lawsuit, filed on January 5th in a Manhattan federal court, closely follows a similar lawsuit brought by The New York Times against Microsoft and OpenAI a week earlier.

The NYT’s complaint alleges that the companies used the newspaper’s content to train AI chatbots and seeks “billions of dollars” in damages.

OpenAI had previously acknowledged the importance of compensating copyright owners for the use of their work.

In response to the ongoing legal battles, OpenAI stated that they respect the rights of content creators and are committed to collaborating with them to ensure they benefit from AI technology and new revenue models.

In September, a professional organization for published writers, including renowned authors like George R.R. Martin, John Grisham, Jodi Picoult, George Saunders, and Jonathan Franzen, joined a proposed class-action lawsuit against OpenAI.

Additionally, author Julian Sancton has filed a lawsuit against OpenAI and Microsoft, alleging unauthorized use of his work to train AI models.

OpenAI is also grappling with another class-action lawsuit in California, filed by Clarkson Law Firm in June 2023. This lawsuit accuses OpenAI of scraping private user information from the internet to train their popular chatbot, ChatGPT.

Cardano (ADA) Destroys Massive Resistance Level, Comes Back to Bull Mode

Cardano (ADA) has recently displayed a remarkable surge in its price action. The ADA/USDT chart indicates that Cardano has made a decisive move, cutting through the local resistance level marked by the 50-day Exponential Moving Average with convincing strength. The breakthrough above the 50 EMA is significant, as this moving average often serves as a barrier that distinguishes bearish trends from bullish ones. Piercing through it typically suggests that the momentum has shifted in favor of the bulls. With this explosive move, traditional technical analysis would suggest that ADA is set to continue its upward trajectory, potentially forming new higher highs as it enters a bullish phase.

BITCOIN ANALYST BENJAMIN COWEN CAUTIONS ON POSSIBLE CORRECTION; INQUBETA PRESALE GAINS ATTENTION AMONG INVESTORS

The popular crypto analyst Benjamin Cowen has just stated that Bitcoin is very likely to undergo a significant correction soon, based on its past price movements. The analyst considers a pullback of over 30% to be on the table for BTC. Many are worried as there have been spikes and dips in BTC, so many are seeing that this could actually be possible.

Experienced crypto analyst Cowen, in his latest strategy session, pointed out to his subscribers that he is closely monitoring Bitcoin’s 100-week simple moving average (SMA). According to Cowen, whenever Bitcoin has risen above the 100-week SMA, it has tended to retest this average before continuing upwards.

Cowen also emphasised that the actions of the Federal Reserve (Fed) will be decisive in determining whether Bitcoin’s price will find support above the 100-week SMA, saying:

“Historically, at this point in the cycle, and actually in later stages of the cycle, we have retested the 100-week moving average. This is something we acknowledge as appearing at a stage in the cycle. There was no harsh landing in 2016. You could argue it was a soft landing. We experienced a recession fear that many thought would happen, but it didn’t.”

Snapshot of Bitcoin ETF Issuers Following SEC’s Deadline

Fox Business Reporter Eleanor Terrett provided a comprehensive update on the status of cryptocurrency issuers following the official deadline set by the Securities and Exchange Commission (SEC). As of now, all issuers except Hashdex have successfully submitted their updated S-1 filings, and in the case of Grayscale, an updated S-3 filing. This is a very important milestone as it indicates preparations for potential launches that could happen next week.

Snapshot of Bitcoin ETF Issuers
With the deadline now behind us, Terrett summarizes the list of Bitcoin ETF issuers who have diligently completed their legal requirements. These organizations, having delivered their comprehensive documents, are ready for potential launches in the near future. The list of approved issuers includes:

Solana Price Prediction as Total Value Locked Declines by 20% – Is Demand for SOL Weakening?

Following an earlier retest of last week’s lows in the $85s, Solana price (SOL) is attempting to rebound, though declining total value locked (TVL) remains a concern for the bulls.

SOL/USD was last changing hands around $94, with the SOL price up around 5%.

Solana has been moving higher on Monday in tandem with a push higher in leading cryptocurrencies Bitcoin and Ethereum amid optimism that spot Bitcoin ETFs will gain approval in the US this week.

However, at $4.125 billion as per DeFi Llama data, Solana’s declining TVL is a warning sign.

Trade Value Locked (TVL) refers to the dollar-denominated value of cryptocurrency locked within the smart contracts deployed on any given blockchain.

Solana’s TVL peaked on the 25th of December at $5.15 billion and has since declined 20%.

Part of that can be explained by a pullback in the price of Solana and Solana blockchain-issued assets.

SOL is down around 25% from its December peaks, while leading Solana meme coin Bonk (BONK) is down over 70%.

But it may also suggest that DeFi investors and crypto traders have been shifting capital away from Solana.

Satoshi Nakamoto's Wallet Address Received 27 Bitcoins

Satoshi Nakamoto's wallet suddenly received 27 Bitcoins, equivalent to about 1.2 million USD, from a stranger. Is this intentional or just accidental?

According to the Twitter account of J. Cornor Grogan, a director at the cryptocurrency exchange Coinbase, someone just made a large transaction transferring 27 Bitcoins (equivalent to about 1.2 million USD) to Satoshi Nakamoto's Genesis wallet address, essentially locking this money permanently.

This transaction took place in the early morning of January 6, with a fee of up to 100 USD, significantly higher than the usual fee at that time. This is a complex chain of transactions, starting from Binance and ending at Satoshi Nakamoto's Genesis Wallet.

Will Bitcoin ($BTC ) Price Surpass $55000 Next Week?

The Bitcoin price bullish breakout from the channel pattern would trigger a directional rally in the near term; Enter now?

Over the past five weeks, the Bitcoin price has been highly volatile indicating the market participants are waiting for the approval of spot Bitcoin ETFs. Despite making notable swings in the daily chart, the price movement is confined within a channel pattern projecting a shallow recovery. Here’s how this pattern could foretell the near-term future for this asset.

Will the Bitcoin Price Surpass $50000 in January?
The BTC price may remain sideways until the channel pattern is intact.
A bullish breakout from the upper trendline will intensify the buying momentum.
The intraday trading volume in Bitcoin is $17.4 Billion, indicating a 15% loss.

Why The Bitcoin Spot ETF Approval Appears Nearly Certain: Bloomberg Analysts Weigh In

In October, Eric Balchunas and fellow Bloomberg analyst James Seyffart predicted that there is a 90% chance that ARK Invest and 21 shares would receive approval for their joint Bitcoin spot ETF bid on January 10, which marked the final deadline date for the SEC’s response on their application.

However, in a recent X post on January 6, Balchunas raised the probability of this greenlight to an astounding 95% after declaring that there was only a 5% probability the SEC would reject the ARK/21 ETF bid in the coming days.