BlackRock Executive Rick Rieder: Bitcoin Will Surpass Gold, Investors Should Hold
BlackRock's Rick Rieder believes Bitcoin will replace gold as a store of value and advises investors to include it in their portfolios.
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Blockchain Industry Updates & Privacy News
US Stock Market Splits Sharply with Tech Stocks Shining
The US stock market showed sharp divergence recently, with the Dow Jones Index falling 1.01%, while the S&P 500 and Nasdaq Composite rose 0.34% and 0.82% respectively.
Read More1INCH Investors Sell-off Causes 16.7% Price Drop
Monitoring shows three 1INCH investor addresses sold 36.36 million 1INCH worth $5.04 million, causing a significant price drop.
Read MoreConsumer Confidence Plummets: Economic Concerns Drag U.S. Index to Decade Low
U.S. consumer confidence dropped to a decade low in January amid growing concerns over the economy and job market, with both present and future indicators sharply declining.
Read MoreMysterious Whale Closes $5.36M ETH Short Position, Now Focused on $8.75M DASH Short
Chain analysis reveals a major crypto player has closed its $5.36M ETH short position. The trader now maintains an $8.75M DASH short with $1.54M unrealized profit. This entity has demonstrated significant market activity since December.
Read MoreMysterious Investor Shorting ETH with 15x Leverage Gains Attention
On January 27, monitoring revealed an institution shorted 7,347 ETH with 15x leverage at an average price of $2,910.9, currently showing a small profit. The address has been building positions since last year, with an investment style contrasting sharply with MicroStrategy, making it a notable 'counterparty' in the market.
Read MoreDaily Crypto Digest | January 27 Top News Highlights
Key news on January 27 includes Tether boosting gold reserves, OpenAI's CISO departing, Zama launching on Binance Wallet, BTC holdings rising, and Japan's XRP regulatory plans.
Read MoreHungarian Central Bank Governor Hints at Potential Increase in Gold Reserves to Stabilize Economy
Hungarian central bank plans to keep interest rates steady and may increase gold reserves to stabilize economy amid inflation concerns and currency fluctuations.
Read MoreTokenized Gold and DeFi Innovator Tenbin Raises $7 Million
Tenbin raised $7 million led by Galaxy Ventures. The platform plans to launch tokenized gold and high-yield forex tokens linked to emerging market currencies.
Read MoreAustralian Court Slaps BPS Financial With $9.7M Penalty Over Qoin Wallet Violations
BPS Financial was fined 14 million AUD ($9.7M) by an Australian court for operating its Qoin digital wallet without a license and misleading users, signaling increased scrutiny over digital finance compliance.
Read MoreMesh Secures $100 Million Funding with Valuation Surpassing $1 Billion
Mesh, a crypto payment network, announced its latest funding round, raising a total of $200 million and achieving a $1 billion valuation.
Read MoreTether Launches Federally Regulated Stablecoin USA₮, Paving the Way for Dollar-Backed Compliance
Tether has launched USA₮, a dollar-backed stablecoin regulated under the U.S. federal framework. Issued by Anchorage Digital Bank, the first federally regulated stablecoin issuer.
Read MoreBlockchain Breakthrough: $90 Million Investment Fuels Web3 Expansion
Jiuzi Holdings secures $90 million strategic investment to advance blockchain and Web3 ecosystem development.
Read MoreBloomberg Dollar Spot Index Hits Lowest Level in Over Two Years
The Bloomberg Dollar Spot Index recently hit its lowest level since March 2022, signaling a weakening US dollar. Analysts attribute the trend to shifts in Fed policy expectations and global economic conditions.
Read MoreTether Generates $15 Billion Profit in 2025, Surpassing South Korea's Economic Scale in Asset Holdings
On January 27, 2025, Fortune reported that Tether generated $15 billion in annual profits, with U.S. Treasury holdings surpassing economies like South Korea, alongside major allocations in Bitcoin and gold.
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