U.Today – These are the three most important news of the past day, presented to you by U.Today.
the community receives an important warning about a new threat: details
XRPScan, the popular XRP Ledger Explorer, recently issued an important warning to the XRP community on the X platform. The warning relates to speculation about an XRP account allegedly linked to the US Treasury Department. The platform urged users to exercise caution and “do your own due diligence before trusting, buying or selling tokens on the public ledger.” XRPScan emphasized that, like any public blockchain, anyone can create an account on the XRP Ledger and set the fields to whatever they want, and that researchers serve as neutral platforms that do not censor information unless absolutely necessary. In light of these concerns, XRPScan marked the suspicious account as spam as an interim measure.
The CEO of BlackRock (NYSE: ) suggests the price could reach $700,000
During a conversation with Bloomberg’s Francine Lacqua at Bloomberg House in Davos, BlackRock CEO Larry Fink stated that the price of Bitcoin could rise to $700,000 with wider institutional acceptance. Fink shared insights from a recent conversation with a sovereign wealth fund; the fund asked the head of BlackRock whether it should have an allocation of 2% or 5%. “If everyone adopted this conversation, it would be $500,000, $600,000, $700,000 per Bitcoin… I’m not promoting that, by the way. That’s not my promotion,” he said. As previously reported by U.Today, Fink has consistently argued that Bitcoin can serve as an alternative to gold, as well as a hedge against currency declines and political instability. According to SoSoValue, BlackRock’s iShares Bitcoin Trust ETF has now surpassed $60 billion in net assets.
SHIB is soaring 5.785%
According to recent data from Shibburn, the SHIB community disposed of more than 3.2 million SHIB tokens in the previous 24 hours. Thanks to their actions, the burn rate of dog-themed crypto memes increased by 5785%. However, despite this significant increase in burn activity, the price of SHIB has remained relatively stagnant. During the past week, the total amount of SHIB tokens destroyed reached approximately 63.3 million tokens, although, compared to the previous week, the burning rate recorded a decrease of 6.81%. On January 21, SHIB experienced a temporary price jump of 7.71%, reaching $0.00002126, but then declined 3.85% to $0.00002043. This price fluctuation appears to be correlated with the movement of Bitcoin, which also recently hit an all-time high before experiencing a decline. Earlier today, SHIB lost its key level of $0.00002, but the token eventually managed to regain it, currently trading at $0.00002035, according to CoinMarketCap.
