Binance Users Lose Millions After Accounts Hacked, Billionaire Investor Chamath Palihapitiya Issues $500K per BTC Prediction: Crypto News Digest by U.Today

As a researcher with a background in cybersecurity and cryptocurrencies, I find the Binance account hacks story particularly alarming. The fact that users lost millions of dollars through hacked accounts is a serious concern, and the reports of Binance’s alleged knowledge of the compromised plugin and failure to act promptly adds fuel to the fire. … Read more

Fundstrat’s Tom Lee Stands by $150,000 Bitcoin Price Target

As a seasoned crypto investor with a keen interest in following the market trends and analysts’ predictions, I find Tom Lee’s bullish outlook on Bitcoin intriguing. His defense of the $150,000 price target is not new, but his recent emphasis on the tailwinds from the Bitcoin halving and the inflows into Bitcoin ETFs adds weight … Read more

Bitcoin (BTC) Price Predicted to Reach $100,000 by Mike Novogratz

As a researcher with a background in cryptocurrencies and a keen interest in market trends, I find Mike Novogratz’s latest comments on Bitcoin intriguing. His prediction of Bitcoin entering six-digit territory this year is not far-fetched given the current market dynamics. Mike Novogratz, the CEO of Galaxy Digital, shared with Bloomberg his belief that Bitcoin, … Read more

Shiba Inu (SHIB) in Trouble, Again, Will XRP Finally Break $0.52 Resistance? Cardano (ADA) Isn’t Allowed to Join Bullish Party

As a seasoned crypto investor, I’ve seen my fair share of market ups and downs. The recent plunge of Shiba Inu (SHIB) below the 50 Exponential Moving Average (EMA) is a strong bearish sign that cannot be ignored. This crucial support level has been breached, indicating selling pressure has overtaken buying interest. The price declines … Read more

Bitcoin ETFs Record Shockingly High Inflows

As a researcher with a background in financial markets and experience in analyzing ETF trends, I find the recent surge in net inflows for spot-based Bitcoin ETFs truly remarkable. With Fidelity’s Wise Origin Bitcoin Fund leading the charge at $379 million, it’s clear that institutional investors are showing renewed interest in Bitcoin as an asset … Read more

Ripple CEO Explains Why XRP ETF Is Inevitable

As a researcher with a background in fintech and cryptocurrencies, I find Brad Garlinghouse’s perspective on multiple altcoin exchange-traded funds (ETFs) intriguing. His argument that people want diversified exposure to different assets makes logical sense, as it is a common investment strategy in traditional markets. In a recent interview on Fox Business, Ripple CEO Brad … Read more

Fhenix Raises $15 Million to Advance Confidentiality in Blockchain

As an experienced blockchain analyst, I’m thrilled to see Fhenix, a layer-2 blockchain development company, raising $15 million in funding led by Hack VC. This investment is a significant step forward for the team as they continue to develop homomorphic encryption for confidentiality solutions on Ethereum. As a researcher focusing on layer-2 blockchain development, I, … Read more

Shiba Inu’s Shibarium Skyrockets 3,436% in New Accounts in 24 Hours

As a researcher with experience in blockchain analysis, I find the recent surge in activity on Shiba Inu’s blockchain platform, Shibarium, to be quite intriguing. The data shows an unprecedented rise in new accounts and transaction volume within just 24 hours. This is particularly noteworthy given the previous concerns about declining activity on the network. … Read more