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Check out Cramer’s latest controversial crypto allegation and the following reaction from industry participants.
Upcoming U.S. jobless claims and CPI data could trigger new all-time highs for bitcoin, according to QCP Capital.Meanwhile, ether continues to lag as SEC Chair Gary Gensler noted that the spot Ethereum ETF S-1 approvals “will take some time,” the analysts said.
Quick Take Geoff Kendrick expects bitcoin to hit $100,000 ahead of the U.S. presidential elections this year. The Standard Chartered analyst added that, if Friday’s U.S. Non-Farm Payrolls data is “friendly,” the bitcoin price could reach a new all-time high over the weekend.
According to some analysts, BTC could spike above $90K should it overcome critical resistance levels, while BNB might reach the $1,000 mark.
- 11:17Opinion: The core PCE is expected to cool down this week, predicting the Federal Reserve will cut interest rates by 25 basis points in the June meetingAmeriprise Financial's Chief Economist Russell Price predicts that the overall PCE will increase by 0.3% in December, and the core PCE will increase by 0.2%, which is consistent with general market estimates. Economists generally predict that the core PCE will continue to decline in the coming months, although sticky service prices still put upward pressure on this index. Russell Price added analysis: "Maintaining a pause is a very rational and reasonable view, it is expected that the Federal Reserve will cut interest rates by 25 basis points at the meeting in June."
- 11:13The probability of "Ripple ETF getting approved this year" predicted on Polymarket is now reported to be 82%January 31 news, according to official website data, Polymarket predicts an 82% chance of the "Ripple ETF being approved this year".
- 11:12OpenZK has completed a comprehensive security audit of HashlockOn January 31, the L2 network project OpenZK announced that it has successfully completed a comprehensive security audit conducted by Web3 security auditing company Hashlock. It is reported that OpenZK uses ZK Rollup technology to enhance Ethereum's scalability and transaction efficiency while maintaining high security.