Author: Isabella Taylor
On January 30, the XRP price crashed sharply, reflecting rising investor anxiety over the economic outlook. Market jitters fueled by postponed U.S. inflation reports and potential government shutdowns drove heavy selling in the cryptocurrency market. Summary On January 30, the XRP price dropped sharply to around $1.75 at last check, reflecting rising investor anxiety over economic uncertainty. Near-term XRP volatility is expected, with the price prediction largely dependent on political and macroeconomic developments. Technically, a daily close below $1.80 could push XRP toward $1.60–$1.50, while a rebound requires a close above $1.83. Macroeconomic pressure builds After failing to hold the…
The apprehensions regarding trust continue to dominate most of the concerns associated with adoption of new technologies like blockchain. Blockchain has proved to be a highly disruptive technology, especially in the financial services sector, disrupting business models and unearthing new levels of efficiency. The adoption of blockchain in financial services raises many questions about the possible ways in which financial institutions can build trust using blockchain. Financial institutions have embraced blockchain technology with enthusiasm, thereby making organizations think about ways to tap into its innovative potential without the risks. The best thing about blockchain that builds trust in financial services…
Chinese national Jingliang Su was sentenced to 46 months in US prison for laundering $36.9M in a USDT-based pig-butchering scheme that funneled victim funds via Deltec to Cambodia. Summary Prosecutors say Su helped an international network move over $36.9M from US bank accounts into a Deltec Bank account before converting it to USDT and sending it to Cambodia. Fraudsters lured 174 US victims through social media, texts and dating apps into fake “high-yield” crypto platforms that showed fabricated profits while draining deposits. Su pleaded guilty to conspiracy to run an illegal money-transmitting business, received a 46‑month sentence plus $26M+ restitution,…
Artificial intelligence has taken the world by storm, transforming many industries with groundbreaking, innovative AI applications. If you want to hop on the bandwagon, you can take on the responsibility of security of AI systems and applications in the industry of your choice as an AI security expert. We are proud to announce that the new accredited Certified AI Security Expert (CAISE)™ certification launched by 101 Blockchains will help you become a leader in AI security. The new certification course has been tailored to transform you into a valuable asset for employers seeking the best ways to combat AI security…
CoreWeave stock price popped by over 9% on Monday, reaching a high of $100 after Nvidia boosted its investment in the company. Summary CoreWeave share price has formed an inverse head-and-shoulders pattern. Nvidia announced that it had invested another $2 billion in CoreWeave. Technical analysis suggests that the stock will likely continue rising. CoreWeave, a former Bitcoin (BTC) miner, rose to its highest point since November 10 last year. It has jumped by nearly 60% from its lowest level in December. The stock jumped after Nvidia, a major investor in the company, announced a $2 billion investment. Nvidia bought its…
About Shivani Gade Full Name: Shivani Gade Designation: Senior Full Stack Consultant Company: Oracle Financial Services Software Country: United States Shivani’s Learning Journey That Inspires Which 101 Blockchains Course(s)/Certification(s) did you complete? I have successfully earned the Certified Enterprise Blockchain Architect (CEBA)™ credential from 101 Blockchains. Why did you choose this program, and how was your overall learning experience with 101 Blockchains? Operating at the intersection of industry and academia, I required a curriculum that could satisfy rigorous architectural standards while addressing practical enterprise demands. With over 9 years of experience in financial systems and currently pursuing a PhD in Information…
Bitcoin ETFs recorded $1.33 billion in net outflows during the week ending January 23 and had the second-largest weekly redemption on record. Summary Bitcoin ETFs saw $1.33B in outflows, the second-largest weekly redemption on record. Ethereum ETFs followed with $611M in withdrawals, led by BlackRock’s ETHA. Solana ETFs stayed positive with inflows, while XRP saw its first weekly outflow. The exodus reversed the previous week’s $1.42 billion inflow, as institutional investors reduced crypto exposure amid market volatility. Ethereum spot ETFs followed with $611.17 million in weekly outflows, led by BlackRock’s ETHA which posted $432 million in redemptions. XRP spot ETFs…
Blockchain was believed to be a technology that could only serve as the driving force behind cryptocurrencies. Some of you may be surprised to know that many real world blockchain use cases have gained traction and that too beyond the domain of cryptocurrencies. Blockchain has the potential to solve many problems in the real world with its distinctive capabilities. The use cases of blockchain in different industries capitalize on the elements of decentralization, immutability, and transparency. Many people will believe that organizations adopting blockchain technology are just experimenting with it. Interestingly, blockchain solutions have delivered tangible benefits such as revenue…
The crypto market dipped while the Fear and Greed Index remained in the fear zone amid renewed trade war fears and as traders waited for key corporate earnings and the Federal Reserve decision. Summary The crypto market retreated as trade risks emerged Trump warned that he would implement a 100% tariff on Canadian goods. Cryptocurrencies will also react to the upcoming Federal Reserve interest rate decision. Crypto market dips amid trade war fears Bitcoin (BTC) and most altcoins retreated during the weekend. BTC moved to $88,700, while Ethereum (ETH) dropped to $2,930. Other top altcoins like Dogecoin and Solana also…