Month: January 2026

Worse Than the Covid Crash? Bitcoin’s New ‘Record Low’ Signal Explained

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Bitcoin falls below $90K as MACD hits record low, with analysts warning a break under $87,200 could lead to a drop toward $69,230. Bitcoin has been under strain after its largest decline in history, according to analysts. The price action has cooled after a rapid drop, while traders watch key levels to gauge the next move. 3-Day MACD Falls to Record Low Michaël van de Poppe, a market analyst, noted that Bitcoin’s recent decline triggered a new low on the 3-day MACD indicator. He stated that this drop “was…

Tom Lee’s Bitmine stakes 827K Ethereum worth over $2.5B

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Key Takeaways Bitmine, a Nasdaq-listed company, added 19,200 ETH to its holdings. The company’s total Ethereum holdings now amount to 827,008 ETH, valued at over $2.5 billion. Share this article Bitmine, a Nasdaq-listed Ethereum treasury operator, staked an additional 19,200 ETH worth over $60 million, according to data tracked by Onchain Lens. The company’s total ETH staked now exceeds 827,000 units valued at over $2.5 billion. The company appears to have moved roughly 167,800 ETH into staking in the four days since it last reported its holdings. The firm is…

Zcash Developer Activity 2021 Low, ZEC Down 40% On Governance Dispute

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Developer activity linked to the privacy-focused cryptocurrency Zcash has fallen to its lowest level in years, as a governance dispute and a prolonged price decline weigh on the project’s ecosystem. Data from market intelligence company Santiment shared in a Thursday X post showed that developer activity tied to Zcash dropped to its weakest level since November 2021. Over the same period, the Zcash (ZEC) token has fallen about 40% over the past two months. “Historically, rising development activity leads to standout altcoins being able to emerge above the pack. The…

Babylon Code Vulnerability Risks Block Production Slowdown

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A newly disclosed software flaw in the Bitcoin staking protocol Babylon may allow malicious validators to disrupt parts of the network’s consensus process, potentially slowing block production during key periods, according to developers. The vulnerability affects Babylon’s block signature scheme, known as the BLS vote extension, which is used to prove that validators have agreed on a block. The bug enables malicious validators to intentionally omit the block hash field when sending their vote extension, which could lead to validator consensus issues during the epoch boundaries of the network, according…

Bitcoin, Ether ETFs See January Outflows After Early-Year Rebound

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United States spot Bitcoin and Ether exchange-traded funds (ETFs) have shed over $1 billion in combined outflows since Tuesday, marking an early-year pullback after a brief rebound to start 2026.  SoSoValue data shows spot Bitcoin (BTC) ETFs recorded $1.13 billion in outflows between Tuesday and Thursday, offsetting $1.17 billion in inflows on Jan. 2 and Monday. Spot Ether (ETH) ETFs had a similar pattern, with about $258 million exiting since Wednesday, after posting modest inflows earlier in January.   The reversal erases gains accumulated in the opening days of the year…

Truebit Suffers $26.5M Loss in First Major DeFi Hack of 2026

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The exploit leveraged a flaw in Truebit’s pricing logic, letting the attacker mint unlimited TRU tokens and drain ETH reserves. Truebit Protocol has suffered a major security breach resulting in the loss of approximately $26.5 million in ETH. The incident has also triggered a collapse in the value of its native token, TRU, which plummeted by nearly 100% within hours. Smart Contract Breach Blockchain security firm PeckshieldAlert flagged the incident via X, stating that Truebit had fallen victim to an exploit that drained over 8,500 ETH, worth approximately $26.5…

FCA Opens UK Crypto Licensing Gateway Under New Regime

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Financial authorities in the United Kingdom set a timeline for a new crypto licensing regime, requiring aspiring companies to seek full authorization before the framework comes into force. Crypto asset service providers (CASPs) will be able to apply to enter the UK under the crypto licensing regime starting this autumn, the Financial Conduct Authority (FCA) said Thursday. “We expect the application period will open in September 2026,” the FCA noted, adding that the timeline will be confirmed in due course. The FCA’s gateway will offer a limited window for applications…

South Korea’s Supreme Court Says Bitcoin Held on Exchanges Can Be Seized

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South Korea’s Supreme Court handed down its first explicit ruling that Bitcoin held in centralized exchanges can be seized by investigators, marking a notable shift in how exchange‑custodied crypto is treated under criminal law.  In a decision on Dec. 11, 2025, and disclosed via the court’s official bulletin, the court upheld the seizure of 55.6 Bitcoin (BTC) held in a Korean exchange account by a suspect under a money laundering investigation. Bitcoin is now an “object of seizure” under the Criminal Procedure Act because it is electronic information with independent…

Viral Polymarket Screenshot Claims 53% Odds of Tom Lee Fraud Charges

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Rapid pushback from prominent accounts highlighted how quickly misinformation can be challenged, yet still travel widely. A claim that Polymarket traders have priced a 53% chance of Fundstrat co-founder Tom Lee facing securities fraud or Ponzi scheme charges in 2026 spread across X on January 9, 2026. The episode has drawn attention not because of any legal action, but because it shows how screenshots of prediction markets and crypto tribalism can blur into misleading narratives. A Viral Screenshot, Rising Odds, and Missing Verification The discussion began when X user…

Morph’s $150 Million Accelerator Backs Startups Scaling Real-World Payments Onchain

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[PRESS RELEASE – Singapore, Singapore, January 9th, 2026] Morph, the Ethereum-based settlement layer purpose-built for payments, today announced the launch of its Payment Accelerator, a $150 million program designed to support payment companies bringing live, real-world transaction activity onchain. Stablecoins are increasingly being adopted as a settlement rail for global commerce and cross-border transfers. Morph cited more than $27.6 trillion in stablecoin transaction volume processed in 2024 as evidence of accelerating demand for faster settlement, lower costs, and programmable payment flows. Despite this growth, the company noted that much of…