Analyst Warns of Potential Sharp Decline in Bitcoin Mirroring 2016 and 2019 Corrections

• Analyst Jason Pizzino predicts a sharp Bitcoin pullback.
• Bitcoin’s technical indicators resemble past correction patterns.
• Wyckoff Distribution Pattern also suggests potential selling phase.

Source: en.coin-turk.com

Binance to Delist Four Altcoin Trading Pairs

• Binance announces delisting of four altcoin trading pairs.
• Trading for DAR/BNB, DEXE/ETH, ID/BNB, POLS/BTC to cease on January 19.
• Spot Trading Bot service for these pairs will also be discontinued.

Source: en.coin-turk.com

SEC Chair Gary Gensler Sees Irony in Spot Bitcoin ETF Approval — ‘This Was About Centralization’ – Regulation Bitcoin News

• SEC Chair Gary Gensler sees irony in the approval of spot bitcoin exchange-traded funds (ETFs). “This was about centralization.”

Source: news.bitcoin.com

Gamestop’s Cryptocurrency Adventure Pauses: NFT Marketplace Closure Looms – Bitcoin News

• This decision means that users of the Gamstop NFT market will lose the ability to “buy, sell, or create NFTs.”

Source: news.bitcoin.com

Bitcoin Price Today | Crypto Prices Today: Bitcoin, Pepe Coin Trade Near Flatline As FLR Rallies

• The crypto prices today remain static as investors evaluate market trends, with recent volatility and selling pressure dimming sentiment.

Source: coingape.com

Gamestop’s Cryptocurrency Adventure Pauses: NFT Marketplace Closure Looms – Bitcoin News

• This decision means that users of the Gamstop NFT market will lose the ability to “buy, sell, or create NFTs.”

Source: news.bitcoin.com

Taiko launches final testnet ahead of planned mainnet release in Q1 | The Block

• Taiko launched its final testnet, Katla, before its expected mainnet release by the end of the first quarter of 2024.

Source: www.theblock.co

Circle Completes USDC Upgrade to Version 2.2 – News Bitcoin News

• Circle, the financial services company, has completed the upgrade of its USDC stablecoin to the 2.2 version.

Source: news.bitcoin.com

TrueUSD drops below $1 peg to $0.985 amid selloff | The Block

• TUSD dropped to $0.985 on Tuesday morning in Asia, with Binance’s TUSD-USDT pair recording a net outflow of $66.1 million, data showed.

Source: www.theblock.co

Why the Bitcoin (BTC) Bull Trend Will Be On Halt Until Halving

• Large Bitcoin wallets are swiftly transferring older coins, lowering the average age significantly. This could pause the current bullish cycle temporarily.

Source: coingape.com

IMF Chief Sees Crypto as Asset Class — Says Bitcoin Won’t Dethrone US Dollar as Dominant Currency – Regulation Bitcoin News

• IMF’s chief sees crypto as an asset class, dismissing concerns of bitcoin becoming a more dominant currency than the U.S. dollar.

Source: news.bitcoin.com

Hong Kong’s HashKey secures $100 million in Series A round at $1.2 billion valuation | The Block

• HashKey Group said it plans to use the new capital to expand product offerings for its licensed business in Hong Kong.

Source: www.theblock.co

Circle Completes USDC Upgrade to Version 2.2 – News Bitcoin News

• Circle, the financial services company, has completed the upgrade of its USDC stablecoin to the 2.2 version.

Source: news.bitcoin.com

Reports Suggest That Binance is Reviewing the Status of Privacy Coins on Its Platform – Exchanges Bitcoin News

• Recent reports indicate that Binance, the largest crypto exchange, would be preparing to review all privacy coins listed on its platform.

Source: news.bitcoin.com

Apple and Google Remove Several Major Crypto Exchanges From App Stores in India Following Regulatory Crackdown – Bitcoin News

• Apple and Google have removed several crypto exchange apps from their app stores in India amid regulatory crackdown.

Source: news.bitcoin.com

Binance and Gulf Innova’s Thailand Crypto Exchange Open for Trading

• The crypto exchange is a joint venture between Binance and Thailand’s Gulf Innova.

Source: www.coindesk.com

Coin Center says it won’t answer Sen. Elizabeth Warren’s letter and that it makes ‘no apologies’ for its work | The Block

• Crypto advocacy group Coin Center has written a thorough response to Sen. Elizabeth Warren’s scathing letter.

Source: www.theblock.co

Circle CEO Expects US to Pass Stablecoin Legislation in 2024

• Circle CEO Jeremy Allaire has expressed his confidence in the United States finally passing long-awaited stablecoin legislation this year.

Source: cryptonews.com

Chainlink Price Prediction: Is It A Good Time To Buy LINK With Solid Demand At $14.8?

• Chainlink price has shown notable trends in early 2024, consistently oscillating between $13 and $17 since November 8. This behavior signals a …

Source: coinmarketcap.com

Guest Post by CoinPedia News: AVAX Price Suffers, STX Grows Over 600% – Pullix Gets Listed on CoinGecko

• The post AVAX Price Suffers, STX Grows Over 600% – Pullix Gets Listed on CoinGecko appeared first on Coinpedia Fintech News Avalanche (AVAX) has been in a downward trend for the past week as it halted near the $50.12 mark before facing resistance from the upper trendline. This pr…

Source: coinmarketcap.com

Guest Post by Cryptonews.com: SEC Agrees to Postpone Terraform Labs Trial Pending Do Kwon’s Extradition | CoinMarketCap

• The U.S. Securities and Exchange Commission (SEC) has filed in agreement with Terraform Labs to postpone the civil trial against Do Kwon and his former company, amid ongoing extradition proceedings. According to Reuters, in its recent court filing in Manhattan federal court, the …

Source: coinmarketcap.com

Pushd (PUSHD) the next Injective (INJ) in 2024? Experts think Pushd (PUSHD) will outperform Injective (INJ) two fold – NullTX

Source: nulltx.com

Crypto-Friendly Presidential Candidate Vivek Ramaswamy Suspends Campaign

• The former biotech executive was the only Republican contender to have a crypto plan.

Source: www.coindesk.com

HashKey Raises $100M, Reaches $1.2B Valuation

• Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Source: www.coindesk.com

ProBit Global Announces Exclusive 50% Discount on MUSIC Tokens

• ProBit Global, a top 20 global cryptocurrency exchange, is excited to announce an exclusive promotion providing its users the opportunity to purchase Gala

Source: cryptopotato.com

Google Cloud Joins ‘Blockchain of Data’ Flare as Validator

• Flare, which calls itself “the blockchain for data,” gives developers access to decentralized data via its Oracle system

Source: www.coindesk.com

Tether Dominance Reaches 71% as Market Cap Surges to Record $95B: Glassnode

• Tether’s financial success goes beyond stablecoins, with a $3B Bitcoin investment portfolio as of Jan 4, 2024, proving substantial profit.

Source: cryptopotato.com

OKX’s Middle East Business Wins Dubai Virtual Assets License

• OKX Middle East Fintech FZE will be offering local currency trading pairs such as AED/BTC, AED/ETH, and more in the coming weeks, said OKX General Manager for MENA Region Rifad Mahasneh.

Source: www.coindesk.com

Ethereum restaking protocol Renzo raises seed round at $25 million valuation | The Block

• EigenLayer-based Ethereum restaking protocol Renzo raised $3.2 million in a seed funding round led by Maven11.

Source: www.theblock.co

Nearly 70% of previous bull run cryptos are now defunct-Reports

• It has been revealed that a significant number of cryptocurrencies introduced during the peak of the 2020-2021 bull run have ceased active trading

Source: www.cryptopolitan.com

Solana price decline causes spike in long liquidations | The Block

• The price of SOL has dropped by more than 8% in the past 24 hours, marking the largest decline among blue-chip cryptocurrencies.

Source: www.theblock.co

1 in 4 CEOs expect to sack staff due to AI this year — PwC survey

• CEOs have signaled possible layoffs due to AI amid an IMF analysis finding AI could impact 40% of jobs.

Source: cointelegraph.com

Breaking: Pro-Bitcoin Vivek Ramaswamy Suspends Presidential Campaign, Endorses Donald Trump

• Pro-crypto Republican presidential candidate Vivek Ramaswamy has dropped out of the 2024 presidential race after receiving fewer votes in the Iowa …

Source: coinmarketcap.com

Polygon Foundation Faces 400M MATIC Misappropriation Claims

• Polygon Foundation has been accused of misappropriating MATIC. In addition to misappropriation claims, the entity is accused of dumping its MATIC holding on the community. The questionable transfers occurred over four years.

Source: dailycoin.com