Month: January 2026

Cere Network Hit With Second Lawsuit Alleging Fraud

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The co-founder and board of crypto infrastructure platform Cere Network have been hit with a $100 million lawsuit claiming they undertook a pump-and-dump scheme that stole millions of dollars from investors. In a lawsuit filed in a San Francisco federal court on Tuesday, Vivian Liu, who said she worked for and invested in the company, claimed Cere co-founder Fred Jin, his brother, his wife, and the company’s board stole $41 million from investors. According to the lawsuit, Jin promised ahead of a public token launch for the platform in November…

Gold Almost Adds Bitcoin’s Market Cap in a Day

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Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day.  Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose to $38.77 trillion, with the single-day increase nearly matching Bitcoin’s (BTC) $1.75 trillion market cap, Infinite Market Cap data shows. Silver is on a tear too, having rallied 21.5% over the last week to a $6.6 trillion market cap, further expanding its lead on Nvidia — the largest publicly…

Dogecoin (DOGE) Slips Back As Bears Regain The Upper Hand

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Dogecoin corrected some gains and traded below $0.1220 against the US Dollar. DOGE is now holding the $0.120 support but might decline further. DOGE price started a fresh downside correction from $0.1275. The price is trading below the $0.1225 level and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $0.1245 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1200. Dogecoin Price Trims Gains Dogecoin…

OpenAI’s Social Network Would Require Biometric Proof Of Personhood

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OpenAI-linked token Worldcoin spiked 40% on Wednesday following a report that the artificial intelligence firm is working on a bot-free social media platform that requires “proof of personhood.”   According to a Tuesday Forbes report citing sources familiar with the matter, OpenAI is aiming to develop a “humans-only platform” as a point of difference from other social media services on the market.  Still in its early stages, sources state that a small team of around 10 people is building the platform to compete with X, and that it has reportedly been…

Liquidity Will Decide BTC’s Next Rally: Glassnode

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Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next phase of BTC price expansion. Bitcoin (BTC) bulls managed to prevent a price drop into the $80,700 to $83,400 support zone, and futures market data points to a potential short-term liquidity grab near $93,500. Despite the short-term bullish bias, Glassnode analysts believe a more robust recovery cannot take place until a key market liquidity metric reaches a certain threshold. Key takeaways: Over 22% of the Bitcoin…

XRP Price Signals Vulnerability With Another Drop On The Table

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

SEC Releases New Guidance On Tokenized Securities Framework

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The United States Securities and Exchange Commission has released new guidance on tokenized securities, categorizing assets into two categories to provide more clarity for companies entering the space. The SEC’s statement on tokenized securities, released on Wednesday, defines the assets as issuer- or third-party-sponsored tokenized securities.  “Tokenized securities generally fall into two categories: (1) securities tokenized by or on behalf of the issuers of such securities; and (2) securities tokenized by third parties unaffiliated with the issuers of such securities,” the regulator stated.  Issuer-sponsored tokenized securities enable companies to tokenize…

MegaETH Mainnet Launch Locked in For Feb. 9

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Ethereum layer 2 MegaETH has penciled its mainnet launch for Feb. 9 after a rigorous “global stress test” last week to ensure the high‑speed chain is ready for public use. “Get ready for the fastest* EVM chain ever,” MegaETH co-founder and chief technology officer Lei Yang posted to X on Wednesday after the chain was seen processing up to 35,000 transactions per second during the seven-day stress test. Public Mainnet // 02.09.26 pic.twitter.com/fMcqVnQ7ZB — MegaETH (@megaeth) January 28, 2026 The test involved MegaETH opening the mainnet to select users to…

US Senators Challenge Deputy AG Over Crypto Taskforce Shutdown

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Six US senators have challenged Deputy Attorney General Todd Blanche for shutting down the Department of Justice’s (DOJ) cryptocurrency enforcement team in April last year while holding substantial amounts of cryptocurrency at the time.  Blanche disbanded the DOJ’s national cryptocurrency enforcement team in April 2025, just months after Donald Trump was inaugurated as US president following a pro-crypto campaign.  The task force was created in 2022 under the Joe Biden administration and led major investigations, including the probe into Binance and its founder Changpeng “CZ” Zhao, who pleaded guilty in…

Tokenization May Stop Stock Trading Freezes: Robinhood CEO

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Tokenized stocks could help prevent the trading freezes that commonly occur on traditional exchanges, such as the meme stock halt on GameStop years ago that locked out traders, says Robinhood CEO Vlad Tenev. Tenev said in an X post on Wednesday that the GameStop trading freeze in 2021 was “one of the strangest and most visible equity market failures in recent history,” caused by complicated rules stemming from the two-day stock settlement period at the time.  “What happens when you combine slow, outdated financial infrastructure with unprecedented trading volume and…