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The bullish PYTH price prediction ranges from $0.9273 to $0.9861. PYTH price might also reach $1.134 in 2024. PYTH’s bearish market price prediction for 2024 is $0.2037. What is Pyth Network (PYTH)? As an oracle, Pyth Network publishes financial market data to diverse blockchains in the industry. The Pyth Network team boasts that over 90 first-party publishers contributed to their market data. From this combined market data, the network offers price feeds for a number of different asset classes, such as US equities, commodities, and cryptocurrencies. These price feeds publish a “robust aggregate” of publisher prices that is updated multiple times per second.  As per the documents, Pyth offers three different data products to support various applications, such as Solana Price Feeds, Pythnet Price Feeds, and Benchmarks. The Pythnet Price Feeds provide real-time prices for 35+ blockchain ecosystems, such as Ethereum, BNB, Avalanche, and more. The ‘Benchmarks...

Telefónica and Nova Labs team up for Helium Mobile Hotspots in Mexico to extend coverage of mobile services in select locations. Nova Labs, the creator of Helium Network, has announced a partnership agreement with Telefónica, a multinational telecommunications company, to launch Helium Mobile Hotspots in Mexico. As per a blog post, the new product will improve mobile coverage for select customers in Mexico City and Oaxaca. The joint solution, which is said to be based on the OpenWifi standard developed by the Telecom Infra Project, enables select Movistar customers in Mexico to access the Helium Mobile Network using their Movistar SIM cards for authentication. Telefónica, in its turn, monitors hotspot status before allowing access and data downloads over the Helium Mobile Network. You might also like: Helium’s IOT token blasts higher by 370% after Solana migration José Juan Haro, chief wholesale officer at Telefónica, says the company’s expectation, if successful, is ...

The Ethereum price is down 5% in the last 24 hours to trade for $2,222 as of 1:10 a.m. EST time, with trading volume rising 26%. Trading volume is surging amid chatter about spot ETH ETFs (exchange-traded funds) as investment banking giant JPMorgan says there’s only a 50% chance of Ether ETFs being approved by May. .@jpmorgan says the chances of a spot $ETH ETF getting approved by May is 50:50. @willcanny99 reports.https://t.co/eXIcghfJNG — CoinDesk (@CoinDesk) January 19, 2024 “For the SEC to approve spot Ethereum ETFs in May, it would need to classify Ethereum as a commodity (similar to Bitcoin) rather than a security,” said JPMorgan’s Nikolaos Panigirtzoglou. “This is far from given. I wouldn’t put more than a 50% chance to the SEC classifying Ethereum as a commodity before May.” Elsewhere, ARKInvest’s President and COO Tom Staudt says an Ether ETF could come “soon.” When are we getting a Spot $ETH ETF? @ARKIn...

Ripple’s XRP token has faced a significant correction over the last few weeks. The asset is down by 2.6% in the daily charts, 8.4% in the weekly charts, and over 14% since December 2023. Nonetheless, XRP is still in the green since January 2023, rallying by over 28% in the previous year. Source: CoinGecko Although XRP is one of the most popular cryptocurrencies in the market, some analysts are bearish on the asset’s future growth. According to El Salvador President Nayib Bukele’s Bitcoin (BTC) advisor, Max Keiser, Ripple ’s XRP is a ‘centralized garbage’ coin. Keiser predicts that XRP’s price will hit $0.01. If the asset falls to $0.01, it would translate to a drop of about 98% from current levels. Also Read: Valkyrie Chief Investment Officer Says Ripple XRP ETFs Could Come Centralized garbage going to $0.01 pic.twitter.com/mDQ0PPBgWi — Max Keiser (@maxkeiser) January 19, 2024 Will Ripple’s XRP fall to $0.01? ...

Crypto data and news providers Cointelegraph, WalletConnect, Token Terminal, and De.Fi email addresses are sending phishing emails . In a Jan. 23 Telegram post, pseudonymous blockchain sleuth ZachXBT warned emails from domains under the legitimate domains of those companies. Data gathered from blockchain analytics service Arkham Intelligence shows that the address received hundreds of transactions, with nearly all activity starting on Jan. 23. Etherscan data shows 80 transactions just on Ethereum (ETH). $580,000 has been drained so far. ZachXBT | Investigations by ZachXBT Telegram channel Visualization of the transactions that reached the phishing address since Jan. 23 | Source: Arkham Intelligence You might also like: Trezor investigates phishing attack that left 66k users vulnerable So far, it is unclear how the attacker could send messages that appear to come from the aforementioned organizations. Multiple hacking techniques may have been employed by the entity...

After yesterday’s impressive session, most tokens have displayed red candles, as only 7% show positive movement. On this note, Braintrust emerges as today’s frontrunner , experiencing an impressive 63.94% gain over the past 24 hours. Biggest Crypto Gainers Today – Top List However, Dogwifhat takes the spotlight as today’s underperformer, witnessing a notable loss of 16.51% during the same period. Meanwhile, Dogecoin has seen a notable surge, closely tied to the positive reception within the crypto community regarding the introduction of a specialized payments account by Elon Musk’s X platform. 1. Siacoin (SC) SC’s entry into the top crypto gainers today was expected with the recently concluded Sia Innovate & Integrate #Hackathon. The event has been a showcase of remarkable innovation, and winners will be unveiled around January 26. Shifting our focus to Siacoin’s performance, the current price is $0.011950, trading at approximately $1...

Global financial institution JPMorgan has warned that Grayscale’s Bitcoin (BTC) fund, GBTC, could suffer further selloff in the coming weeks. According to the bank, the $3 billion inflow into spot BTC ETFs (Exchange Traded Funds) ‘ reflects a rotation from existing bitcoin vehicles. ‘ The bank further stated that the shift shows ‘ retail investors shifting from digital wallets held with exchanges/retail brokers to cheaper spot bitcoin ETFs. ‘ Also Read: Bitcoin ETF Trade Volume Reaches $9.7 Billion in Three Days . Grayscale converted its GBTC fund into a spot BTC ETF after the SEC’s (Securities and Exchange Commission) historic approval earlier this month. JPMorgan analyst Nikolaos Panigirtzoglou highlights that BTC’s price fell 10% after the spot BTC ETF launch. Panigirtzoglou states, ‘ It appears that profit taking, i.e., buy the rumor/sell the fact dynamics, took place in recent days as we had previously feared. ‘ Sinc...

Do Kwon’s Terraform Labs has filed for Chapter 11 bankruptcy protection in Delaware, estimating between $100 million to $500 million in both assets and liabilities. In the January 21 filing, the company said it plans to settle debts owed to employees and vendors without seeking additional financing. The company also says that filing for bankruptcy will allow it to navigate ongoing legal proceedings in Singapore and the US. Some of the unsecured creditors mentioned in the filing include Standard Crypto Venture and TQ Ventures. Terraform Labs To Expand Web3 Offerings Terraform Labs also intends to expand its offerings in the Web3 industry according to its CEO, Chris Amani. The executive said the filing will protect its goal of working with the community on infrastructure, innovative tools, and products. The US Securities and Exchange Commission (SEC) recently pushed the upcoming fraud trial of Terraform Labs’ former CEO, Do Kwon, to March 25. Crypto in the courts: Toda...

The dominoes continue falling for Terraform Labs in the wake of 2022’s stablecoin collapse. The firm behind the failed TerraUSD (UST) token has now filed for Chapter 11 bankruptcy protection as liabilities stemming from the fiasco swell past $500 million. In a Saturday court filing, Terraform Labs voluntarily initiated Chapter 11 proceedings, citing potential debts and assets totaling between $100 million and $500 million. The bankruptcy bid comes as the company faces mounting legal threats over allegations of fraud behind the UST scheme. Also read: Shiba Inu: $1000 in SHIB Becomes $9 Million in January 2024 “We have overcome significant challenges before and…look forward to the successful resolution of the outstanding legal proceedings,” stated Terraform CEO Chris Amani. However, with Terraform Labs co-founder Do Kwon facing charges both in South Korea and the United States, the road to resolving costly lawsuits remains filled with obstacles. ...

Unibot price outlook as new Telegram trading bot Bitbot hits presale stage UNIBOT trades around $89 on January 20, down from highs of $236 in August 2023. With the token’s early investors seeing 200x following its launch, could Bitbot prove a better buy in 2024 given its advantages over Unibot? New Telegram trading bot Bitbot (BITBOT) launched its presale as anticipated earlier this week. It is currently attracting huge interest as the raised amount surpasses $147k in just three days.  Meanwhile, Unibot (UNIBOT), one of the popular Telegram-based crypto trading apps, is looking to bounce after hitting lows of $74.73 on January 19. Here is Unibot’s price outlook as the market eyes fresh momentum following this week’s struggles. But could Bitbot’s explosive start to the presale be a precursor of its eventual dominance of the space? What is Bitbot? Bitbot is a Telegram trading platform that offers the world’s first non-cust...

The Bitcoin price dropped slightly over the past 24 hours to trade at $42,527.68 as of 9:00 am EST. That came during another day when JPMorgan CEO Jamie Dimon was criticizing Bitcoin, saying it’s like a ”pet rock” that ”does nothing.” Jamie Dimon Criticizes BTC Again "There are cryptocurrencies that do something, that might have value. And then there's one that does nothing, I call it pet rock. The #Bitcoin, or something like that," says @JPMorgan CEO Jamie Dimon. "It has some use cases. Everything else is people trading among themselves." pic.twitter.com/EnUBuIEHkI — Squawk Box (@SquawkCNBC) January 17, 2024 Although Dimon did name some use cases for blockchain technology, such as its distributed ledger and ability to transfer value, the BTC perma-critic said that Bitcoin has very little use cases. He added that most of the activity around Bitcoin is just, “people trading among themselves.”   The Bitcoin Price Falling B...