In a recent analysis, Eric Balchunas, senior ETF analyst for Bloomberg, has endorsed a forecast that BlackRock (NYSE:BLK) is on track to become the largest holder of Bitcoin, surpassing MicroStrategy. While Balchunas questioned the timeline of this projection, which suggests BlackRock’s supremacy over MicroStrategy by February 1 of this year, he conceded that BlackRock’s ascendance in the Bitcoin market is inevitable. Balchunas acknowledged the company’s growing influence after the successful launch of its Bitcoin ETF, which garnered 11,439 Bitcoins within a mere two days of trading on the Nasdaq.
Michael Saylor Issues Urgent Warning to Bitcoin Holders Amid Rising AI Scams
Former MicroStrategy CEO Michael Saylor took to the X platform on Sunday, January 14, to issue a crucial warning to the Bitcoin community regarding sophisticated scams leveraging AI technology to exploit unsuspecting holders. Saylor disclosed that his team confronts approximately 80 counterfeit AI-generated YouTube videos daily, underscoring the persistence of scammers in their efforts. Saylor emphasized that there is no risk-free method to double Bitcoin holdings, debunking the prevalent scam tactic of scanning barcodes for free BTC giveaways. Concluding his post on X, Saylor imparted timeless advice to the crypto industry: “Don’t trust, verify.”
Shiba Inu’s Shibarium Future Unveiled: New Developments on the Horizon
Lucie, the official marketing expert at Shiba Inu, has shed light on the future of Shibarium in a recent post titled “Unveiling the Future: What Awaits Shibarium” on the Binance Square network. The post hints at potential developments for the layer-2 solution in the upcoming year. Lucie expanded on the notion that Shibarium’s future extends beyond ShibaSwap and the Shiba Eternity play-to-earn game. Highlighting two forthcoming projects from the Shiba Inu team, Lucie mentioned the “super app” called Shibahub and the highly anticipated Shib Metaverse.
Lucie suggested that new projects are actively joining the Shibarium ecosystem, alluding to ambitious plans. Despite the presence of the Shiba Eternity game, SHIB the Metaverse, and the ShibaSwap DEX, Lucie emphasized that “the true excitement lies in the mysteries yet to be unraveled,” urging the community to stay tuned for further updates.
