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Crypto Recap - January 28, 2025: 3 Key Highlights

The crypto landscape continues to shift with notable events. Here are three key updates from January 28, 2025:

DeepSeek Token Scam Exposed
A fake token linked to the DeepSeek AI app briefly hit a $48M market cap before being exposed. Over 22,000 wallets were affected by this scam. This serves as an important reminder to stay vigilant and learn how to spot scams before they can cause damage.

Trump’s Memecoin Sparks a Crypto Surge
The launch of Trump’s official memecoin sent crypto search interest soaring, even surpassing Bitcoin’s all-time high in 2021. However, while this move created excitement, regulators are raising concerns about potential national security risks, making the situation more complex.

Standard Chartered’s Bullish Call
Despite the market’s recent downturn, Standard Chartered is staying positive, advising investors to “buy the dip.” Bitcoin’s price continues to move in sync with the Nasdaq, leading some to believe this could be the right opportunity to get back into the market.

With Bitcoin hovering around the $100K mark, many are wondering what lies ahead for crypto. Stay tuned for more developments as the market continues to evolve.

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