Cryptocurrency News:
Bitcoin price surge: Bitcoin has seen a significant rise, approaching the $100,000 level, supported by calming concerns over the trade war.
Meme coins decline: Celebrity-related meme coins, such as “MOTHER,” “DADDY,” “TRUMP,” and “MELANIA,” have seen a 75% decline from their highs, raising questions about the sustainability of these coins.
Bitcoin mining difficulty rises: Bitcoin mining companies have been affected by the network difficulty increasing to record levels, which is putting pressure on production and prompting companies to adopt new strategies to adapt.
Bitcoin price rise forecast: Standard Chartered Bank expects Bitcoin to reach $500,000 before the end of former US President Donald Trump’s term, supported by infrastructure improvements and increased institutional interest.
Cryptocurrency Hack Losses Decline: Cryptocurrency hack losses fell to $98.19 million in January 2025, down 39% from $160 million in the same month last year, according to a report by Chainalysis.
Note: The cryptocurrency market is affected by multiple factors, including regulatory and technical developments. It is always advisable to follow news and updates from reliable sources before making any investment decisions.
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