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Presented to you by U.Today, these are the top three news stories from the previous day.

The XRP community receives a crucial alert about a new danger: Specifics


Recently, the well-known XRP Ledger Explorer XRPScan sent out a crucial alert to the XRP community on the X platform. The alert relates to rumors that an XRP account is connected to the US Treasury.
Users were cautioned by the network to "do their own due diligence before trusting, buying, or selling tokens on the public ledger." XRPScan stressed that explorers are impartial platforms that do not filter information until it is absolutely required, and that anyone may create an account on the XRP Ledger and customize the fields to their liking, just like on any public blockchain. Because of these worries, XRPScan temporarily marked the suspicious account as spam.

In an interview with Bloomberg's Francine Lacqua at Bloomberg House in Davos, BlackRock CEO Larry Fink said that the price of Bitcoin could reach $700,000 with wider institutional adoption. Fink also shared insights from a recent conversation with a sovereign wealth fund, which asked the BlackRock boss if it should have a 2% or 5% allocation. "If everybody adopted this conversation, it would be $500,000, $600,000, $700,000 per Bitcoinā€¦I am not promoting it by the way. That is not my promotion," he said. As previously reported by U.Today, Fink has consistently argued that Bitcoin could be a gold substitute as well as a hedge against currency depreciation and political instability.

SoSoValue reports that the net assets of BlackRock's iShares Bitcoin Trust ETF have surpassed $60 billion.

SHIB burns 5,785% of the skyrocket.

Over 3.2 million SHIB tokens were sold of by the SHIB community in the last day, according to current data from Shibburn. The dog-themed meme cryptocurrency's burn rate rose by 5,785% as a result of their acts. However, the price of SHIB has been largely unchanged in spite of this significant increase in burn activity. Although the burn rate has decreased by 6.81% from the previous week, the total number of SHIB destroyed over the past week has reached roughly 63.3 million tokens. SHIB saw a brief 7.71% price increase on January 21 to hit $0.00002126 before plunging 3.85% to $0.00002043. It appears that this price swing is tied to the fluctuations of Bitcoin, which recently peaked before declining. SHIB eventually recovered after losing its critical $0.00002 mark earlier today, and according to CoinMarketCap, it is currently trading at $0.00002035.

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