Ethereum price failed to clear the $3,200 resistance and dipped. ETH is now attempting to recover and faces an uphill task near the $3,180 level. Ethereum started a downside correction below $3,200 and $3,180. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $3,125 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,080 zone. Ethereum Price Attempts Fresh Recovery Ethereum price failed…
Month: January 2026
Memecoins Fuel Deadliest Year for Crypto Tokens
Crypto market turbulence decimated memecoins in particular last year, driving the number of crypto project failures to over 11.6 million in 2025, the highest level recorded for a single year. The fourth quarter of 2025 was among the worst, with 7.7 million tokens listed on GeckoTerminal ceasing active trading during the period, according to a report by CoinGecko research analyst Shaun Paul Lee released on Friday. Lee said the Oct. 10 market crash, which saw over $19 billion of crypto leverage liquidated in a day, was a key catalyst. “This…
Powell Says DOJ Probe Due To Defying Trump on Interest Rates
Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to the central bank’s headquarters. Federal Reserve chair Jerome Powell has blasted the Trump administration over a new criminal probe, arguing it’s the latest attempt to destroy the central bank’s independence on interest rates. Powell said on Sunday that the charges are “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of…
Bitcoin Price Recovery Bid Emerges, Resistance Still Looms Large
Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $90,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $90,000 zone. Bitcoin Price Attempts Recovery Bitcoin…
Coinbase May Withdraw Support from CLARITY Act: Bloomberg
US crypto exchange Coinbase is reportedly ramping up pressure on US lawmakers to resist a push to ban certain decentralized finance provisions in a major crypto bill known as the CLARITY Act. A report from Bloomberg on Sunday, citing “a person familiar with the firm’s thinking,” said Coinbase “may reconsider its support” for the bill should it restrict stablecoin issuers from offering rewards on crypto exchanges and other platforms. Cointelegraph reached out to Coinbase for comment but didn’t receive an immediate response. Banking groups have been concerned that stablecoin rewards…
X is Building a Smart Cashtags Feature Tracking Crypto, Stock Prices
Elon Musk’s social media platform is building a “Smart Cashtags” feature for release next month, giving users access to real-time price movements of cryptocurrencies and stocks. One of the concept screenshots has also teased a highly-anticipated in-app trading feature. In a post to X on Sunday, head of product Nikita Bier said users would be able to access smart contract information linked to crypto tokens, while all assets would have “mentions” showing recent discussion about the asset and news related to the companies and teams behind them. “X is the…
Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025
Despite falling meme coin volumes in 2025, Solana revealed Pump.fun and launchpads generated massive revenue. Solana-based meme coin launchpad, Pump.fun, emerged as one of the ecosystem’s top revenue-generating applications. Pump.fun was listed among seven Solana apps that generated more than $100 million in revenue during the year, as meme coin issuance and speculative trading remained a major activity driver on the network. Pump.fun Stole the Spotlight According to the latest findings by Solana, alongside Pump.fun, five other launchpads each recorded over $1 billion in volume in 2025. They collectively…
‘We Are in an Ethereum Market’ — Crypto Market Analyst
The price of Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, bottomed out in April 2025, and its price action mirrors the 2019 cycle, according to market analyst Michaël Van De Poppe. A surge in stablecoins, tokenized real-world assets (RWAs), which are traditional or physical assets represented as tokens on a blockchain, and developer activity on the Ethereum network are reasons to be bullish on Ethereum’s price, Van De Poppe said. “The stablecoin supply on Ethereum has seen an increase of more than 65% in 2025. It’s…
Lawsuit Win, Europe Expansion, $1B in BTC Loans
Coinbase’s S&P 500 debut signals mainstream acceptance, yet regulatory and security challenges show the road ahead remains complex. Coinbase closed 2025 with a series of landmark achievements, including joining the S&P 500, securing European regulatory approval, and surpassing $1 billion in crypto-backed loans. The year also marked major corporate and product developments, from record-breaking acquisitions to broader access for on-chain assets, solidifying the exchange’s position as a leading full-stack crypto platform. Record Growth and Global Expansion In a January 6 post on X, Coinbase listed its milestones from last…
India Tightens KYC and AML Requirements to Onboard New Crypto Users
India’s Financial Intelligence Unit (FIU), a regulatory agency that sets anti-money laundering and know-your-customer regulations, issued new guidelines tightening rules for onboarding users to crypto platforms. The new rules force regulated crypto exchanges to verify users through live selfie pictures and geographic location verification, according to The Times of India. The live selfie pictures are verified with software that tracks users’ eye and head movements to prevent AI deep fakes from being used to bypass the know-your-customer (KYC) verification process. Exchanges will also be required to collect the geolocation and…