ETF GRAYSCAE deposits, Deepseek, and more
With another week, the encryption market suffers from big stories and new addresses. The Arthur Hayes list is expected to ride bitcoin to $ 70,000 and the extent of Deepseek on shock waves across the industry.
This week also witnessed the provision of ETF deposits to Litecoin and Solana with SEC, as well as rumors that the regulator may reject a rippral suit.
Arthur Hayes predicts a miniature financial crisis for Bitcoin
Arthur Hayes, former CEO of Bitmex, reviewed his short term expectations. Earlier this month, he expected that Bitcoin would reach its climax in mid -March before suffering from a great correction.
However, Hayes updated this week, saying that BTC was already about to decline.
“Reverse the arrangement of the soil articles chain.” Hayez called:
Hayes’s downside look was in the short term of Bitcoin driven by the worsening global liquidity environment. This causes the treasury revenues in the United States for 10 years, raising the federal reserve, and reducing the printing of funds in major economies such as the United States, China and Japan.
Hayes argued that Bitcoin is especially sensitive to shifts in global liquidity conditions, which may lead to expected stagnation. At the time of the press, Bitcoin has been trading at 104,709 dollars, a decrease of 0.3 % over the past 24 hours.
Grayscale is looking for SEC’s approval of Solana and Litecoin Etfs
Grayscale, one of the largest encryption asset management companies, made requests with SEC to track ETFS both Litecoin and Solana. ETF Litecoin is only the second company of this company, after requesting Canary Capital in October.
Moreover, according to Etf Eric Balchunas and James Seyfart analysts, Litecoin or Hedra Etf is likely to win SEC in the early time of Solana.
“We expect a wave of investment funds circulating in the encrypted currency next year, although not all at once. It is possible that ETFS Combo Comc + ETH, then probably Litecoin (because it is a BTC thorn, [therefore it’s a] The commodity), then Hbar (because it was not classified as security), then XRP/Solana (which was classified on securities in suspended lawsuits), “claimed Balchunas.
Their predictions seem to be fulfilled, as SEC has already agreed on Bitcoin and Ethereum Etf.
However, the Ramadi application did not significantly affect the prices of Litecoin. At the time of the press, LTC was traded at $ 131.60, an increase of 1.2 % over the past 24 hours.
Zachxbt tracks $ 29 million from the exploitation of the Sui symbol
Blockchain Zachxbt investigator recently revealed the loss of SUI of $ 29 million in December 2024. On January 26, Zachxbt revealed exploitation details, which targeted a main holder of SUI.
According to what was reported, the attacker cleared 6.27 million, at a value of $ 29 million, on December 12. The stolen assets from SUI to Ethereum were transferred using bridge tools, then washed via Tornado Cash in smaller parts.
“The victim moved the .Sui fields to a new unexpected address shortly after theft. Zachxbt said the current restrictions with Sui Block Explorers and Sui Analytics make the theft difficult to track.”
Zachbt occupied the headlines in January after it revealed that it had helped the US government restore a large part of $ 20 million stolen penetration.
Deepseek causes a large encryption sale, $ 800 million is classified in just one day
The unveiling of the Chinese AI Deepseek began with sharp sale of the encryption market.
Deepseek was founded less than two years ago, rose to a prominent position, and placed itself as a competitor to artificial intelligence giants such as Openai, Meta and Nvidia. At a cost of developing less than 10 million dollars, Dibsic has emerged as a disturbing competitor, which sparked a discussion among experts about its long -term effects.
The height of Deepseek causes a Bitcoin decrease (BTC) over 5 % within hours, with the main altcoins vision to 8-10 % more severe decreases. According to data from Coinglass, within 24 hours, 315,090 merchants were ranked on January 27, with a total of $ 800 million.
Some attributed the collapse of the market to the high popularity of Depsic and its potential impact on the stock market. ASH Crypto, who is an inventor of the industry warriors, is among those who connect the volatility to the reactions in the broader market caused by the fast Deepseek high.
“This has nothing to do with the encryption market and everything related to the stock market in the United States,” he explained.
ASH Crypto Link to retreat encryption to reassessing exaggerated technological stocks, noting the competitive Deepseek feature as one reason. The artificial intelligence coding sector also suffered in the wake of the rise of Dembassic, as the market value of artificial intelligence symbols decreased from double numbers.
Is Ripple ended against SEC?
SEC may have dropped a lawsuit against Ripple without advertising. The committee removed references to the case from its website, but other encryption claims are still visible.
Social media users note that SEC removes all references to this lawsuit.
“Is ripples free from the Supreme Education Council? I looked for” Ripple “in the SEC litigation department and … there are no results! Has the legal battle ended? Is this the last chapter of Ripple VS SEC? A historical moment for XRP. “The influencer John Square also claimed X (Twitter).
Commentators have also indicated that other claims, such as allowances against kraken and coinbase, are still on the website.
However, one of the lawyers claimed that the lawsuit is still active in the Paceer, a government site that provides access to the records of the federal court.
“SEC does not matter. The appeal is still open in the country’s PACER system. I just log in. The last input is a Ripple request to extend time to submit a brief. The case status is still being shown as active.”
Disintegration
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