Bitcoin Shows 'Overheating Signal,' Major Correction Possible; SHIB Lead Issues Crucial BONE Call, Vitalik Buterin Shares Ethereum's Strategy Against Quantum Attacks: Crypto News Digest by U.Today

Rising U.S. core inflation prompts Bitcoin correction

At 1:30 pm local time on February 13, the U.S. Bureau of Labor Statistics (BLS) released the latest core inflation data for January.

Bitcoin Whales Sell $3 Billion in BTC - Analyst Warns of Potential Price Correction

Bitcoin Whales Trigger Concerns: 70,000 BTC Sell-Off Sparks Price Correction Fears. Analyst Ali Martinez warns of potential retracement to $32,700 based on historical patterns. Current market volatility and $3 billion sell-off prompt caution among investors.

XRP Faces Impending Correction Amidst Cryptocurrency Downtrend

XRP faces a challenging period with analysts predicting a significant correction. Ongoing legal uncertainties and mixed market sentiments contribute to the token's struggles. Investors cautiously watch for potential further declines.

Former Bitmex CEO Forecasts Potential 30% BTC Correction Amid Spot Bitcoin ETF Approval

Sharing insights into his diversified crypto portfolio, primarily consisting of Bitcoin and Ethereum, Hayes emphasizes the poor liquidity of other altcoins and their derivatives. He foresees the market initiating a substantial correction around March 12th if his projections materialize as expected.

Bitcoin Faces Short-Term Correction Risks as Analysts Warn of Further Drawdown

Bitcoin faces short-term correction risks as sell pressure from short-term holders and a holiday-induced illiquid market persist. Analysts, including Bitfinex's Jag Kooner, highlight the potential for a pullback above $44,000, emphasizing the role of profit-taking by medium-term holders. Despite a prolonged streak of bitcoin profitability, historical market behavior suggests pullbacks before a projected $3.2 trillion high by 2024. The current valuation parallels past trends, indicating a potential pullback after reaching the $44,000-$45,000 zone.

What should Bitcoin’s Layer2 do?

Layer 2 of general computing smart contracts on Bitcoin has always been a problem because the Bitcoin network cannot be relied on to ensure the security of smart contracts.

NFT、DeFi 正在奔向 Bitcoin——下一个热点，是 Bitcoin 第 2 层用例？

自 2023 年年初 Ordinals 开启 Bitcoin 的 NFT 试验以来，如何在 Bitcoin 上创立丰富的去中心化用例项目，成为行业关注的热点。

Crypto expert expects extended Bitcoin correction below $20k before setting potential rally at $30k

Mercado Bitcoin plans to expand to Mexico

The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country.

Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020.