Day: January 6, 2026

Brian Quintenz Joins SUI Group Board after CFTC Nomination Pulled

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The former CFTC commissioner and Donald Trump’s first pick to chair the agency will join investment company SUI Group’s board and support the company’s treasury strategy. US President Donald Trump’s former pick to chair the Commodity Futures Trading Commission (CFTC) has joined the SUI Group’s board of directors. In a Tuesday notice, the SUI Group said former CFTC Commissioner Brian Quintenz’s appointment to its board would strengthen its “regulatory and policy leadership” amid the company’s digital asset treasury strategy. The company reported holding 107,743,979 Sui (SUI), worth about $200 million…

Pundit Warns XRP Investors To Stop Calling For $10,000, Shares ‘Realistic’ Price Targets

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A prominent crypto commentator known as Mason Versluis has issued a notable warning for XRP investors, pointing out that parts of the discussion around XRP to lofty price targets as high as $10,000 have drifted far away from reality and risk misleading investors. Pundit Pushes Back Against $10,000 XRP Predictions Bullish price predictions around XRP have been arriving at an unusually fast pace in recent months, especially as spot exchange-traded funds and institutional participation are now a major part of investor conversations.  Related Reading Social media platforms are now filled…

BTC Liquidation Data Could Push Price to New Highs: Analyst

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Bitcoin’s (BTC) sharp 7.4% rebound kick-started the first week of January and has shifted markets’ focus back to futures positioning, where liquidation data suggests the price action may be asymmetric. Key takeaways: Over $10.6 billion in long liquidations sit below $84,000, versus just $2 billion in shorts above $104,000. Retail positioning on Hyperliquid shows shorts are more vulnerable to upside squeezes than longs to downside moves. Bitcoin must reclaim the $100,000 cost basis to confirm a structural trend reversal. Liquidation imbalance raises volatility risk for BTC According to data from…

Solana’s Rally Approaches Key $146 Resistance

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Solana trades around $140 as analysts watch the $146 level for direction, with whales accumulating and a MACD buy signal hinting at upside. Solana (SOL) is trading near $140 with a 24-hour gain of 2% and a 7-day gain of almost 11%. Daily volume is over $5.5 billion. Despite the recent bounce, the asset remains below a key resistance level, which analysts say could decide whether the trend continues or stalls. $146 Marks a Key Level Analyst Man of Bitcoin views the recent rise as corrective. He noted that…

US Crypto Market Structure Bill could be Delayed until 2027: Report

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Investment bank TD Cowen reportedly warned that the 2026 midterm elections in the United States could pull support needed to pass a digital asset market structure bill under consideration in the Senate. According to reports, TD Cowen’s Washington Research Group said on Monday that the market structure bill, named the CLARITY Act when passed by the US House of Representatives in July but called the Responsible Financial Innovation Act in the Senate, was more likely to pass Congress in 2027, with final implementation potentially in 2029. According to the investment…

Venezuela stock market surges 100% amid post-Maduro optimism

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Key Takeaways Venezuela’s IBC index surged from 2,000 to nearly 3,900 in early 2026, gaining over 100% YTD, with a 50% rally on Tuesday alone. The Caracas Stock Exchange rallied after the US captured Nicolás Maduro, boosting sentiment around post-Maduro reforms and foreign investment. Share this article Venezuela’s IBC index, which tracks performance on the Caracas Stock Exchange, has more than doubled in 2026, climbing from 2,000 at the start of the year to nearly 3,900 by Tuesday afternoon, according to Trading Economics data. The rally accelerated sharply following the…

ETH Must Reclaim This Daily Trend to Trigger a 20% Rally

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Ether’s (ETH) 10% rise in January has refocused analysts’ attention on the daily chart, where the price structure points to higher prices but only if a key daily trend is reclaimed. Key takeaways: Ether is close to completing a daily double bottom targeting the $3,900 level. The 200-period EMA remains the decisive trend that ETH must flip. Volume delta data shows retail-led buying pressure, but whales continued to reduce exposure. Double bottom forms as ETH tests structural resistance Ether’s daily chart shows a developing double bottom that has taken shape…

David Sacks reportedly met with lawmakers to discuss crypto market structure bill this morning

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Key Takeaways David Sacks, serving as the White House AI and crypto czar, was spotted exiting the office of Senator Tim Scott, where a dozen senators had gathered to discuss the CLARITY Act, a proposed crypto market structure bill. The bill’s markup is expected to take place later this month. Share this article David Sacks may have met with lawmakers on Tuesday to discuss crypto market structure legislation, the CLARITY Act. The White House’s AI and crypto czar was seen departing Senator Tim Scott’s office, where a group of senators…

Tether Launches Scudo to Simplify Fractional Gold Ownership Onchain

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Tether has introduced a new unit of account tied to its digital gold token, XAUT, in a move aimed at lowering barriers to fractional gold ownership at a time when institutional investors and central banks are accumulating the precious metal at record levels. On Tuesday, the stablecoin issuer unveiled Scudo, a unit of account representing one-thousandth of a troy ounce of gold.  Each Scudo corresponds to 1/1,000 of an XAUT token, Tether’s gold-backed asset. XAUT is supported by more than 1,300 gold bars held in custody and currently has a…

Is $100K Imminent for Bitcoin After 7% Weekly Increase?

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Bitcoin has staged an impressive recovery, climbing back above $93K despite an environment filled with geopolitical tension. With rising global uncertainty, BTC’s resilience highlights its growing appeal as a hedge or alternative asset. At the same time, liquidation pressure is fading, and technicals show signs of renewed bullish momentum. The current price action is now testing a key resistance zone that could decide whether this rally continues or cools off. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC has broken out of the downward channel that capped…