๐จ Crypto News Update - January 31, 2025 ๐จ
Hedge Fund Warns of Crypto Collapse: Elliott Investment Management is concerned about the crypto market's rapid rise and warns of an inevitable collapse due to increasing speculation. ๐ธ
UFC Instagram Hacked: The UFC's Instagram was hacked to promote a fake cryptocurrency, causing concern among fans and fighters. ๐
Crypto Convict Talks Future: Heather "Razzlekhan" Morgan, convicted in a $4.5B crypto heist, shares her plans despite her upcoming prison sentence. ๐ค
Upcoming Token Unlocks: Expect market volatility with major token unlocks this week, totaling over $330M in value. ๐
Mining Rig Fires in South Korea: Overheating crypto mining rigs caused a fire in South Korea, raising safety concerns. ๐ฅ
Crypto.com Delists USDT: Regulatory pressure in the EU leads Crypto.com to delist Tetherโs USDT alongside other tokens. ๐ช๐บ
Stay tuned for more updates! ๐ฐ
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