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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Shiba Inu – European Wrap 16 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Shiba Inu – European Wrap 16 January
FXStreet TeamFXStreet TeamFXStreet

Binance's CZ thwarts Harmony One hackers from laundering, recovers 124 BTC

Binance CEO Changpeng Zhao informed his 8.1 million followers on Twitter that the exchange collaborated with Huobi to thwart Harmony One hacker’s recent move. The security teams of the exchanges worked together to help recover $2.6 million worth of BTC from the $100 million hack in June 2022. 

Ethereum staking gets hot ahead of Shanghai upgrade, ETH turns deflationary again

Ethereum staking, which involves locking ETH tokens in a deposit contract and earning the opportunity of validating transactions and yielding the altcoin as a reward, has increased ahead of a major event for the altcoin: the Shanghai hard fork, which could happen in March 2023. 

ETH Whale Transaction Count

Here’s how SHIB, BONE and LEASH holders can benefit from Shiba Inu layer-2 Shibarium’s launch

Shiba Inu, the second largest meme coin in the crypto ecosystem, dropped details of the upcoming launch of layer-2 scaling solution Shibarium. Three Shiba Inu ecosystem tokens: SHIB, BONE and LEASH will derive utility from the scaling solution.

SHIB/USDT price chart

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Sberbank issues Russia's first corporate loan backed by Bitcoin

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Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

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Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.