Cryptocurrency
Crypto investors gave bitcoin prediction today in anticipation of Fed meeting

As the publication of the Fed’s next key rate decision approaches, the market has been flooded with bitcoin prediction analysis about BTC’s reaction to the event.
Bitcoin prediction today — A rare bottom
Popular in the crypto community analyst Peter Brandt, who managed to correctly predict the crypto winter of 2018, in his bitcoin forecast analysis, confirmed the passage of the cryptocurrency bottom. According to their observations, the coin formed a cyclical low in the form of a rare figure of technical analysis — a fulcrum (bottom) with two walls.
Reflexivity Research co-founder Will Clement also believes bitcoin has already passed the cyclical bottom. In his opinion, investors are at a stage of “disbelief” regarding the psychology of market cycles.
Bitcoin predictions 2023 — The psychology of market cycles
Analyst Oriel Ohayon joined bitcoin predictions today, predicting that the lows have been left behind. According to his observations, a bear market lasts about a year. After that comes a three-year bull market. Oriel-Ohayon bitcoin prediction is based on the theory of cyclicality. Recall that every four years the BTC network experiences a halving. A halving of the cryptocurrency’s mining rate, as the history of observation of the coin shows, triggers its growth. The reason is the formation of a shortage of bitcoins in the market amid the growing popularity of digital assets.
Bitcoin forecast analysis — where next
Many members of the cryptocurrency community support a positive outlook for bitcoin. Among the signals that can support the growth of the cryptocurrency, the network users highlight the long-awaited exit of BTC from the narrowing wedge, as well as the MACD indicator moving into the bulls’ zone and the coin’s approach to the 200-day curve on the weekly chart.
Many crypto investors believe that the nearest target for BTC may become $25K. Over time, analyst Lark Davis is sure that the positive dynamics will bring bitcoin to the level of $100K. At the same time, some participants in the crypto community do not exclude the possible correction of BTC before further growth.
Following the stock market
To recap, bitcoin went up at the beginning of January amid the positive dynamics of the stock market, behind which the coin, as history shows, repeats the movements. Market participants paid attention to the fact that the S&P 500 managed to break the border of the downward channel, in which it has been moving since early 2022.Bitcoin echoed the positive dynamics of the index.
Bitcoin forecast 2023 — S&P 500 Index and BTC
On Wednesday, February 1, at 10:00pm, the results of the Fed meeting will be released, including new key rate values. According to CME-FedWatch, the regulator may slow down the rate hike to 0.25pc. Recall that the first step to slow the Fed rate increase was recorded in December 2022 (+0.5 p.p.). Before that, the market experienced four rate hikes of 0.75 p.p.
Crypto-investors believe that the Fed’s policy easing could support the stock market, which, in turn, can support the positive dynamics of the cryptocurrency market.
Previously, we told you that Cardano officially announced the upcoming launch of stablecoin Cardano — Djed.
Cryptocurrency
VeChain Kicksoff $15M StarGate Staking Program After SEC’s Staking Clarity

Layer 1 blockchain platform, VeChain, is set to launch its $15 million StarGate staking program on July 1. The latest rollout is expected to be one of its largest incentive initiatives amid broader industry interest in staking adoption following SEC guidance.
According to the official press release shared with CryptoPotato, the new program arrives days after the SEC clarified that protocol staking does not constitute a securities offering.
$15M StarGate Staking Program
StarGate introduces direct-from-protocol staking on the VeChainThor blockchain, utilizing NFT technology, which enables holders with as few as 10,000 VET to participate while earning higher rewards under the network’s upgraded Weighted Delegated Proof of Stake system.
The program forms a core part of the VeChain Renaissance roadmap, which is the blockchain’s most significant technical overhaul to date, and features enhanced tokenomics, EVM equivalence, and a reworked staking structure. The primary goal of these features is to make VeChainThor more appealing to developers and institutional participants.
In an effort to drive early adoption, the VeChain Foundation has allocated 5.48 billion VTHO tokens, which are valued at approximately $15 million. This will provide a six-month bonus rewards pool that will boost APY for participants who migrate their nodes or stake VET during the program’s initial phase.
Approved staking tiers will range from the Dawn tier, requiring 10,000 VET, to the Mjolnir X tier, requiring 15.6 million VET. The structure also offers higher yields for larger commitments, while smaller holders will still earn rewards within the new system.
VeChain Applauds SEC Ruling on Staking
The launch comes as ETF issuers and banks weigh staking integrations following the SEC’s landmark decision wherein the agency ruled that protocol staking does not constitute a securities offering, and removed registration requirements for solo, self-custodial, and custodial staking. Applying the Howey test, the SEC found that staking rewards stem from participants’ actions, not others’ efforts.
Responding to this clarification, VeChain CEO and Founder, Sunny Lu, said,
“The SEC’s recent guidance validates what we’ve been building toward: a fully compliant, accessible staking model that treats rewards as compensation for network services rather than investment returns. Our innovative approach of leveraging NFTs to represent participation ensures both simplicity for users and full regulatory alignment.”
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Cryptocurrency
Hackers Suck at Trading: The Story of How This Fraudster Lost $7M Trading ETH

An on-chain analytics firm analyzes the losses from a fraudulent wallet.
The beauty of trading on-chain lies in the fact that every transaction is 100% public – that goes for both professional traders, beginners, and, believe it or not – even hackers.
This is the story of a supposed fraudster who lost millions in a bad trade.
Hackers Are Not Savvy Traders
Lookonchain, a popular blockchain analysis firm, noted the activity early this morning on its account on the social media platform X.
The wallet in question, which, according to the analysts is linked to illicit hacking activities, received 12,282 Ethereum (ETH) three months ago, valued at around $23.72 million at that time, and sold it at $1,932 per coin.
Earlier today, the same culprit purchased 4,958 ETH at $2,495, totaling $ 12.37 million.
This results in a de-facto loss of around $6.9 million, as noted by Lookonchain.
It’s Not Just Cybercriminals Out Of Luck
As CryptoPotato reported yesterday, it’s not just bad actors that wind up out of pocket.
We noted two separate instances in which two traders, cumulatively, lost multiple millions on very high-risk, overleveraged trades.
Both were testing their luck with 40x and even 50x leverage, only to see their positions shrink as the markets did not turn in their favor.
One tried one too many times to come on top, and the other one failed to realize a significant profit.
This just goes to show that testing fate can quickly lead to an enormous shortfall, regardless of the trader’s intention and the manner in which the funds used for the transactions were obtained.
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Cryptocurrency
Shiba Inu-Themed Meme Coin Tanks After OKX Says Goodbye: Details

TL;DR
- A popular meme coin within SHIB’s ecosystem nosedived by double digits after OKX withdrew its support.
- Team member LUCIE addressed the panic, urging users to embrace DeFi over centralized platforms and warning that even major exchanges aren’t immune to collapse.
BONE Heads South
Shiba Inu (SHIB) is a meme coin that has evolved into a robust ecosystem over the past few years. One of the most popular tokens within the network is Bone ShibaSwap (BONE).
The asset has not been in its best shape lately, posting a 32% decline on a monthly scale and plunging by 12% in the past 24 hours alone.
The main reason triggering the latest downfall is OKX’s decision to withdraw its support from the meme coin. The well-known cryptocurrency exchange announced that it will delist several digital assets on July 7, with BONE included in the list.
OKX has already suspended deposits involving the token, while withdrawals will be terminated by the end of September.
“We will continue to monitor all listed trading pairs and implement the delisting/hiding mechanism as necessary,” the company concluded.
OKX boasts over 50 million users globally and is among the behemoths in its field. When it withdraws support for a token, it often leads to negative price impacts driven by reduced liquidity, limited access, and potential reputational concerns.
BONE saw the light of day in the summer of 2021 alongside the debut of ShibaSwap – Shiba Inu’s decentralized exchange. It enables holders to vote on development proposals and influence protocol decisions, serves as a reward for liquidity providers, and functions as a gas token for Shibarium. During its early days, its price skyrocketed above $15, while currently, it trades at a mere $0.18.
The Community’s Reaction
One person who gave their two cents on the delisting effort is the X user LUCIE, who serves as Shibarium’s marketing strategist. The team member thinks there’s much panic over two (unnamed) “manipulative” exchanges that have withdrawn their support from the token.
LUCIE said they don’t want to be involved in the drama, putting their trust in DeFi and highlighting its advantages over centralized platforms:
“I trust DeFi. Use good exchanges only to exchange. We’re here to build and embrace DeFi – and simplify it so even beginners can onboard without needing 2FA, KYC, and a blood sample just to get started.”
Shibarium’s executive also noted that SHIB and other cryptocurrencies, like XRP, have faced similar FUD (Fear, Uncertainty, and Doubt) but have survived the backlash over the years. At the same time, LUCIE reminded about the demise of former giants like FTX and WazirX, hinting that centralized exchanges are not immune to another collapse of that type.
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