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Price predictions 1/12: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH

On January 12, 2023, analysts provided price predictions for various cryptocurrencies and financial indices, including Bitcoin (BTC), Ethereum (ETH), and others. The SPX index is expected to face resistance around 4,000 points, while the DXY (U.S. Dollar Index) is projected to remain strong, impacting crypto prices. Bitcoin is anticipated to test the $20,000 level, with Ethereum showing potential for growth if it surpasses $1,500. Additionally, altcoins like XRP, BNB, and Solana (SOL) are highlighted for their potential volatility, with specific price targets set for each. Overall, the market sentiment remains cautious amid macroeconomic factors influencing price movements.

Read the full article: Coin Telegraph

Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

According to a report by Chainalysis, Iran's cryptocurrency economy is projected to reach $7.8 billion by 2025, driven largely by increased Bitcoin usage amid ongoing protests in the country. The report highlights that the political and economic instability has led many Iranians to turn to cryptocurrencies as

Tokenization firms reject Coinbase's crypto bill equities claims

Tokenization firms have pushed back against claims made by Coinbase regarding the classification of tokenized equities as securities under a proposed crypto bill. Coinbase argued that tokenized equities should be treated similarly to traditional stocks, which would subject them to strict regulatory oversight. In contrast, tokenization companies assert that their

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

Democratic lawmakers have criticized the U.S. Securities and Exchange Commission (SEC) for its recent approach to cryptocurrency regulation, particularly in light of allegations regarding Justin Sun's connections to China. They argue that the SEC's actions could hinder innovation and competitiveness in the U.S. crypto

BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'

BitMine anticipates generating $400 million in income from its ether holdings, highlighting a significant investment in the cryptocurrency. Additionally, the company has placed a bet on popular YouTuber MrBeast, believing this could potentially yield a tenfold return. This strategic move reflects BitMine's confidence in both the cryptocurrency market

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Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

Tokenization firms reject Coinbase's crypto bill equities claims

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

BitMine expects $400 million income on ether holdings, bet on MrBeast could '10x'