Rabu, 29 Januari 2025

😎Bitcoin far from 'extreme' FOMO; Davos elite drop wealth building secrets


	View in browser

Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

😎 Bitcoin far from 'extreme' FOMO

💰 How high can XRP price go?

📺 Get rich or die trying: Build wealth with the Davos elite

📰 Keep reading to find out about all of today's top stories and more

Bitcoin far from 'extreme' FOMO at above $100K BTC price — Research

Bitcoin investors are not yet exhibiting typical BTC price blow-off top behavior, UTXO data concludes.

Bitcoin newbies are not showing signs that the bull market top is in, new research agrees.

In a Quicktake blog post on Jan. 28, onchain analytics platform CryptoQuant said new investor participation had yet to reach "extreme levels."

Bitcoin cycle top "warning signs" not visible

Get the Full Story

How high can XRP price go?

XRP price is breakout of at least two technical patterns, indicating an initial rally toward the $4 milestone.

XRP has surged by around 58.50% year-to-date to reach $3.19 on Jan. 28. That includes at least 10-20% corrections in the short-term, including the one caused by China's DeepSeek market sell-off earlier this week.

Let's examine if XRP price could climb any further in the near term.

Secure Your Crypto with Trezor

– Exclusive 10% Discount!

[AD]

Protect your digital assets with Trezor, the trusted hardware wallet for ultimate security. For a limited time, enjoy an exclusive 10% discount on your purchase using the code COINTELEGRAPH10.

Don't miss this opportunity to enhance your crypto security!

Claim Your Discount Now

Ripple exec 'hopeful' next SEC chair will withdraw enforcement case

Stuart Alderoty, chief legal officer at blockchain payments firm Ripple Labs, said the potential next head of the US Securities and Exchange Commission, once confirmed by the Senate, could outright withdraw civil suits against crypto firms.

In a Jan. 28 X Spaces discussion for XRP Community Day 2025, Alderoty said he was hopeful that the SEC, under potential chair Paul Atkins, would drop crypto enforcement cases not involving fraud, in which the lawsuit was based mainly on registration issues. Ripple remains embroiled in an SEC lawsuit in which both parties have filed appeals after a judge issued a liability ruling in 2024.

Asking the Elite in Davos How to Build Wealth

We hit the streets of Davos to ask attendees at the World Economic Forum how they believe wealth is created—and if attending the prestigious (and expensive) event is worth the investment. From surprising insights to candid opinions, this video dives into whether the road to riches can really be found in the snowy Swiss Alps.