NewsTimely, comprehensive, professional, and accurate information and data to stay updated on the latest news about blockchain, cryptocurrency, and Bitcoin.FameEX Hot Topics | Bitcoin Mining Company Core Scientific Prepares to Exit BankruptcyCore Scientific, a key player in the Bitcoin mining industry, has recently been granted approval by the bankruptcy court in the Southern District of Texas for its restructuring plans, a crucial step in its journey to recover from Chapter 11 bankruptcy. This approval is a significant milestone for thBTC0.00%ETH0.00%2024-01-19 03:10:55FameEX Weekly Market Trend | January 18, 20241. Market TrendFrom Jan. 15 to Jan. 17, the BTC price swung from $41,720.00 to $43,578.08, with a volatility of 4.5%. The last analysis cited a $43,000 market turning point. For an uptrend, a significant breakthrough and stability above $43,000 are crucial. If a downward trend persists, it is likelyBTC0.00%ETH0.00%2024-01-18 11:48:20Reasons Why Ethereum (ETH) Is Rising Compared to BitcoinDespite bearish pressures in the overall cryptocurrency market, Ether is displaying resilience by maintaining strength at the crucial $2,500 support level.Source: blockchain.newsEven as futures liquidations have been on the rise, with data from Coinglass indicating $15.03 million in ETH shorts liquiBTC0.00%ETH0.00%OP0.00%2024-01-18 07:47:45FameEX Morning Crypto News Recap | January 18, 2024NYSE's Strategic Decision — Introduction of Bitcoin ETF Options Aimed at Elevating Market DynamicsIn a notable development, NYSE Arca Inc. has proposed a rule amendment to permit options trading for commodity-based trust shares, specifically targeting bitcoin-based ETFs. This move, detailed in a 19bBTC0.00%ETH0.00%2024-01-18 04:20:11FameEX Hot Topics | Analyst Suggests Buying Bitcoin in Its Current Dip, Anticipates 'Substantial Upside Potential'In the fluctuating realm of cryptocurrency, Gautam Chhugani, a senior analyst at the prestigious global asset management firm Alliance Bernstein, has presented a notable strategy for investors: to take advantage of the current downturn in Bitcoin’s market value. This counsel is particularly timely, BTC0.00%ETH0.00%2024-01-17 08:18:01Ethereum Does 20% Better Than Bitcoin, But Will It Sustain $2.5K?ETH surge is supported by an uptick in on-chain activity and the market's expectation of a network upgrade and a spot ETF. However, the question lingers: is this momentum sufficient?Source: capital.comBetween January 8 and January 11, Ethereum's native token, Ether, experienced a notable 20% rally, BTC0.00%ETH0.00%2024-01-17 08:18:00FameEX Morning Crypto News Recap | January 17, 2024Bitcoin Achieves Highest Google Trends Search Interest Post-SEC's ETF ApprovalFrom January 7 to 13, 2024, 'bitcoin' hit a maximum interest score of 100 on Google Trends, peaking on January 11, following the SEC's approval of 11 bitcoin ETFs. This spike in interest aligns with the increased focus on BTC0.00%ETH0.00%2024-01-17 04:08:06FameEX Hot Topics | Morgan Stanley Cautions That Bitcoin's Rapid Expansion and CBDCs Could Undermine US Dollar's SupremacyAndrew Peel, the Head of Digital Assets at Morgan Stanley, has recently highlighted a potential transformation in the global financial landscape due to the rise of digital assets like Bitcoin and central bank digital currencies (CBDCs). This change, he suggests, might pose a challenge to the U.S. doBTC0.00%ETH0.00%2024-01-16 08:26:10Fantom Foundation Slashes Validator Staking Requirement by 90% to Bolster Network SecurityThe Fantom Foundation cuts validator staking by 90% to enhance security and accessibility after a recent wallet hack.Image source: CoinMarketCapThe Fantom Foundation, an influential player in the blockchain industry, has taken a major step to enhance its network's security and accessibility. In a reBTC0.00%ETH0.00%FTM0.00%2024-01-16 07:05:35FameEX Morning Crypto News Recap | January 16, 2024IMF Leader Recognizes Crypto as Valid Asset Class, Maintains Bitcoin Can't Supplant US Dollar's Leading RoleIMF leader Kristalina Georgieva views cryptocurrencies as an asset class, not as actual currency. She dismisses the prospect of bitcoin usurping the global dominance of the U.S. dollar, citingBTC0.00%ETH0.00%2024-01-16 03:56:361...919293...222
