UToday

Peter Brandt warns that altcoins may suffer as trust in fiat currencies erodes, advocating that Bitcoin has overtaken gold as a store of value. He notes Bitcoin's unique historical patterns of growth and decline, suggesting the current cycle is still declining.

A notable whale has invested over $2 million in Dogecoin with 10x leverage while simultaneously shorting DASH. Despite current losses and volatility in the DOGE market, the whale anticipates a potential reversal in altcoin trends.

Shiba Inu's lead ambassador, Shytoshi Kusama, remains silent on X since early December, raising expectations for updates. Developer Kaal Dhairya emphasized plans to support users affected by a recent incident, while team member Lucie highlighted the importance of commitment and participation in the evolving SHIB ecosystem.

Michael Burry, renowned for predicting the 2008 financial crisis, praised Bitcoin’s role in charitable donations, particularly for the nonprofit Little Wishes, which helps seriously ill children. Despite his past criticisms of Bitcoin, he highlighted its potential to attract younger donors for philanthropic causes.

803.78 million XRP is currently locked in ETFs, reflecting increasing institutional interest despite stagnant market prices. XRP's price has recently dipped, prompting a test of support around $2, while Ripple seeks regulatory expansion in the EU.

Senator Elizabeth Warren opposes the inclusion of cryptocurrencies in 401(k) retirement plans, arguing it exposes workers to high risks and volatility. She urges caution, highlighting the lack of regulatory oversight compared to traditional investments.

TREAT, a utility and governance token in the Shiba Inu ecosystem, celebrates its one-year anniversary amid discussions of ecosystem growth. Despite its milestone, TREAT's price declines, currently trading at $0.0001646, reflecting broader market trends.

Shiba Inu has experienced significant futures outflows, totaling $10.50 million, surpassing inflows of $8.8 million, suggesting traders are reducing their exposure. The SHIB price has slightly increased, and future resistance and support levels are highlighted.

Simon Gerovich, CEO of Metaplanet, suggests that companies hesitate to adopt Bitcoin not due to fear or disbelief but because it hasn't been a prominent topic of discussion. He argues that adopting Bitcoin requires strong leadership and a willingness to face skepticism, emphasizing long-term vision over immediate market pressures.

David Schwartz warns about the hidden risks of copy trading, highlighting a scam where traders inflate their success through multiple accounts, misleading others about their expertise. He emphasizes the difficulty in distinguishing genuine skill from mere luck, advising caution in following traders based solely on past performances.

SHIB price eyes stability near $0.00001
Dogecoin tests key $0.152 neckline as major breakout looms
XRP holds key Bollinger support as pullback cools momentum
SHIB price eyes stability near $0.00001
Shiba Inu price is facing a crucial test, but the 910% surge in burn rate might change the

The Permissioned Domains amendment on the XRP Ledger is close to activation, needing just one more vote for majority support. This feature is set to enhance institutional engagement on the network. Additionally, XRP Community Day is scheduled for February 11, with events focused on XRPL advancements.

Shiba Inu derivatives volume dropped 48% in 24 hours, despite a nearly 3% increase in open interest. Overall, sentiment in the crypto market has softened due to stalled legislation, with mixed signals in broader markets.

Samson Mow, CEO of JAN3, emphasizes Bitcoin's unique scarcity and predicts it may reach $1 million between 2031-2033, driven by annual price increases. He highlights the significance of Bitcoin's programmed scarcity and its deflationary mining process.