Shiba Inu whales are rotating their profits into PropiChain, betting on its AI features and potential to rise.

Shiba Inu (SHIB) whales make strategic moves by cashing out and rotating profits into new opportunities. As a result, SHIB has experienced a 3.12% dip in the past 24 hours. This shift in focus indicates a growing interest in projects that promise higher returns.

PropiChain (PCHAIN) is catching investors’ attention due to its unique AI features. The project has raised $2 million during the presale, with its token selling at $0.01.

Shiba Inu sees 883% outflows

Shiba Inu experienced a massive 883% increase in outflows, with large investors pulling out over 460 billion SHIB. Between January 15 and 16, the total Shiba Inu outflows grew from 647 billion to 1.11 trillion SHIB. This large-scale movement has left investors worried about its future price movement.

The significant outflows were driven by big investors cashing out and adjusting their positions. Some investors sold out their Shiba Inu holdings to protect their gains. This pushed Shiba Inu to drop, denoting a 10.84% decrease in the past week.

Analysts believe Shiba Inu might have limited upside potential as new meme coins take the spotlight.

Whales bet on PropiChain and its AI features

Shiba Inu whales are betting big on PropiChain’s AI-driven altcoin. The project has raised $2 million during the presale and this is only scratching the surface as new investors join the fold.

At $0.01, PropiChain could be undervalued, making it a favorite among investors in the crypto space.

Its appeal comes from real estate tokenization and fractional ownership features. This will create new opportunities for PropiChain’s users, as many of them will be able to buy portions of properties. The true impact of this model is that it allows them to diversify their portfolios and earn passive income through rental income.

However, PropiChain’s AI features are its secret weapon. The platform will allow for predictive market analysis, helping users spot lucrative real estate investments and capitalize on them before anyone else.

With its automated valuation models, users will benefit from fair and accurate property appraisals. This will allow buyers and sellers to close real estate deals faster as the pricing is provided by AI algorithms.

Additionally, smart contracts will be used to automate transactions such as auto-leasing and lease renewals. This process handles transactions on behalf of landlords and tenants, improving efficiency and reducing costs.

PropiChain also incorporates the metaverse for virtual property viewing, allowing users to walk through properties in the digital space.

To maintain the safety of users and investors, PropiChain’s smart contracts have been rigorously audited by BlockAudit, a reputable Web3 security firm.

Shiba Inu and PCHAIN in 2025

While Shiba Inu has surged thanks to the hype around meme coins, PropiChain is counting on its AI features for a significant edge in 2025.

The new altcoin is also benefiting from bull market rotations, where smart money rotates their profits from established altcoins. With a growing community of investors, PropiChain could be the dark horse of this bull market.

Investors scoop the PCHAIN token

PCHAIN could currently be one of the most undervalued tokens in the market. At $0.01, PropiChain provides growth investors with a low entry for potentially massive gains.

Due to its promising AI features, PropiChain has raised $2 million in its ongoing token presale. This is considered a stepping stone as it has been listed on CoinMarketCap, opening up an avenue to attract more investors. The listing serves as a reminder the AI-driven altcoin is committed to transparency and growth.

For more information on PropiChain, visit their website or online community.

Dubai-based crypto market maker CLS Global will plead guilty to charges related to wash trading on the decentralized exchange Uniswap.

Federal prosecutors in Boston announced Wednesday that the company will face market manipulation and wire fraud charges after falling victim to an FBI sting operation.

$428K Fine and U.S. Market Ban

As part of the plea agreement, the financial services firm will pay penalties and forfeited assets totaling over $428,000. The company will also be barred from offering services to U.S. investors and will be required to file annual compliance certifications.

A press release shows that CLS Global had been providing market-making services and other related offerings for crypto companies. The investigation specifically focused on its involvement with NexFundAI, a fake digital currency company set up by the FBI that had token trading on Uniswap.

The firm admitted that it had agreed to provide services for NexFundAI, which included wash trading to fraudulently generate trading volume and attract investors.

During several video conferences between July and August 2024, an employee explained that CLS used an algorithm for self-trading, buying, and selling from multiple wallets so that the activity was not visible and appeared organic. The worker revealed, “I know that it’s wash trading, and I know people might not be happy about it.”

The UAE-based firm then proceeded to buy and sell the token on Uniswap using its own wallets, creating fake trading volume to meet exchange listing requirements and bring in potential investors.

FBI Sting Operation

CLS Global is registered in the United Arab Emirates and has more than 50 employees based outside the U.S. It provided crypto-related services accessible to American investors, with the company’s official website listing partnerships with major centralized exchanges such as Binance, Bybit, KuCoin, Bitfinex, OKX, and Bitget.

The charges against it followed an undercover law enforcement operation targeting crypto “wash trading,” a practice where assets are bought and sold by the same party to create the illusion of market activity.

The company was one of three market makers investigated in the initiative, which also led to charges against several individuals involved in manipulating digital assets that were offered and sold as securities. This case marked the first set of criminal charges against financial services firms for market manipulation and wash trading in the industry.

Meanwhile, the Securities and Exchange Commission (SEC) also filed a related civil enforcement action against CLS Global, alleging violations of securities laws. The agency is seeking permanent injunctions, disgorgement of allegedly ill-gotten gains plus interest, and civil penalties, with any money seized from the crypto firm credited to the SEC resolution.

Ethereum (ETH) has been underperforming in recent weeks, with its price action leaving investors disappointed following last week’s flash crash and heightened volatility. Despite initial hopes for a recovery, ETH has struggled to regain momentum, trending downward since mid-December. This lack of bullish movement has left investors eager for a surge that could break Ethereum out of its current slump.

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Adding to the anticipation, top analyst Carl Runefelt recently shared a technical analysis suggesting that Ethereum may be preparing for its next significant move. According to Runefelt, ETH is forming a 4-hour symmetrical triangle, a pattern often associated with periods of consolidation before a breakout. While the direction of the breakout remains uncertain, the formation indicates that a decisive move could be on the horizon.

As Ethereum hovers near key levels, market participants are closely monitoring the triangle’s resolution. A breakout to the upside could reignite bullish sentiment, while a breakdown may signal continued struggles for the largest altcoin. With the broader crypto market showing signs of recovery, the coming days will be crucial for Ethereum to prove its resilience and reestablish its position as a leading performer in the space. All eyes are now on ETH’s next move.

Ethereum Consolidates Before A Move

Ethereum is currently in a short-term consolidation phase, trading between key demand and supply levels as the market grapples with uncertainty. While analysts are anticipating a major move, the direction remains unclear due to heightened volatility and mixed sentiment among investors. ETH’s price action reflects a market in wait-and-see mode, with traders closely monitoring key technical levels for signs of a breakout.

Top analyst Carl Runefelt recently shared his technical analysis on X, highlighting Ethereum’s preparation for its next significant move. According to Runefelt, ETH is forming a 4-hour symmetrical triangle, a pattern that often precedes a decisive breakout. He noted that this setup comes with both bullish and bearish scenarios, depending on the direction of the breakout.

If ETH breaks above the triangle, the bullish target is set around $3,900, signaling the potential start of a new bullish phase. Conversely, a breakdown below the triangle would point to a bearish target near $2,720, indicating further downside. Runefelt emphasized the importance of monitoring this pattern as it unfolds, as the outcome could set the tone for Ethereum’s next trend.

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With market sentiment still uncertain and volatility remaining high, Ethereum’s symmetrical triangle offers a clear framework for traders. Whether the breakout is upward or downward, it will likely mark the beginning of a significant move, shaping Ethereum’s trajectory in the weeks to come. For now, investors are keeping a close eye on this critical technical formation.

Volatility Driving The Market

Ethereum is currently trading at $3,317, navigating a market dominated by massive volatility. This heightened price action has become the primary force driving speculation and uncertainty among traders. As Ethereum struggles to stabilize, holding above critical support levels is essential to maintaining a bullish structure and avoiding further downside.

The $3,300 level has emerged as a key area of support that bulls need to defend to sustain momentum. If ETH can hold this mark and push above the $3,550 resistance with strength, it could solidify a bullish outlook and potentially lead to a stronger recovery. Breaking this level would also signal renewed confidence among investors, opening the door to a more sustained upward trend.

However, the market’s uncertainty also carries the risk of a deeper correction. Losing the $3,000 psychological level could trigger additional selling pressure, leading to a dramatic drop and testing lower support zones. Such a move would challenge ETH’s resilience and likely extend its consolidation phase.

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As the market waits for clearer signals, Ethereum’s ability to hold above key levels will be closely watched. The coming days are critical for determining whether ETH can maintain its structure or face further volatility and downside pressure.

Featured image from Dall-E, chart from TradingView.

Payments-focused cryptocurrency XRP and world’s most-used blockchain Solana (SOL) prices spiked on Wednesday afternoon, after report that the Chicago Mercantile Exchange (CME) is adding futures contracts of both.

According to a post on X, CME have posted the futures page for XRP and SOL in their “staging subdomain.”

A screenshot of the website shows that the regulated futures could start trading on Feb. 10 pending regulatory approval. The website was not accessible at the time of publication. CoinDesk reached out to CME for comments.

“We’ve seen a slew of ETF filings for SOL and XRP futures ETFs. Typically these would use CME or CBOE futures but we don’t have any yet,” Bloomberg Intelligence ETF analyst James Seyffart told CoinDesk. “I would expect CME to list those futures in the next month assuming those issuers know something we don’t.”

XRP and SOL jumped as much as 3% in the minutes after the post started circulating on social media, TradingView data showed.

UPDATE (Jan. 22, 10:09 UTC): Adds comments from Bloomberg ETF analyst.

Read More: Solana Bull Bets Big on SOL Rallying to $400

The Department for Work and Pensions (DWP) has announced three significant changes to Universal Credit as part of a £240million package aimed at shifting focus from welfare to work.

The changes, outlined in the Get Britain Working White Paper, will affect millions of benefit claimants across the UK. Work and Pensions Secretary Liz Kendall said: “We promised change, and that is what we will deliver.

Massive changes are coming to Universal Credit

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However, due to Universal Credit being paid monthly in arrears based on assessment periods, some claimants may not see the increase until June 2025. The new monthly standard allowance rates will see single people under 25 receive £316.98, while those 25 or over will get £400.14.

Joint claimants under 25 will receive £497.55 per month, with couples where one or both are 25 or over getting £628.10. The Secretary of State’s annual review has also confirmed a 4.1 per cent increase to the basic and new state pensions under the triple lock.

This means those in the full rate of the new state pension will see an increase of over £470 per year. Bank holiday payment dates may be affected, with benefits usually paid on the working day before if the regular payment date falls on a holiday.

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A new Fair Repayment Rate will be introduced, reducing Universal Credit deductions from 25 per cent to 15 per cent of the standard allowance from April 2025. This change will benefit 1.2 million of the poorest households by an average of £420 a year.

Britons are being urged to calculate how much they could be entitled to from the DWP

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These deductions cover various debts impacting households, including energy bills, water bills, council tax, rent arrears, service charges, child maintenance and court fines.

Third-party deductions will be set at five per cent of the Universal Credit standard allowance, ranging from £15.85 for single people under 25 to £31.41 for joint claimants aged 25 or over.

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Minimum deductions for rent and service charges will be reduced to 15 per cent of the Universal Credit standard allowance, down from the current level of 20 per cent.

The Government is also investing £1billion to extend the Household Support Fund in England by a full year and maintain Discretionary Housing Payments in England and Wales.

This additional funding aims to help struggling families and pensioners facing the greatest financial hardship. The DWP will continue moving claimants to Universal Credit throughout this year, with all managed migration notices expected to be sent by December 2025.

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Changes are coming to Universal Credit

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The complete transition from legacy benefits to Universal Credit is scheduled to finish by March 2026. This migration affects claimants currently receiving Working Tax Credit, Child Tax Credit, Income Support, Income-based Jobseeker’s Allowance, Income-related Employment and Support Allowance and Housing Benefit.

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Money expert Fiona Peake from Ocean Finance advises: “Universal Credit and other benefits will see updates, with new rules around work requirements. Keep track of any changes to your entitlements.

“The Government’s online benefits calculator is worth checking regularly, as you might become eligible for additional support.

“Consider using budgeting apps or speaking with a financial adviser to create a personalised action plan. The most important thing is not to bury your head in the sand – stay informed and take action early.”