Month: January 2026

Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears

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Ethereum price extended losses and traded below the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $2,920. Ethereum remained in a bearish zone and traded below $2,950. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,800 zone. Ethereum Price Dips Further Ethereum price failed to…

Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K

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Bitcoin price extended losses and traded below $88,500. BTC is consolidating losses and might attempt a recovery wave if it clears $88,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading below $88,200 and the 100 hourly Simple moving average. There is a new bearish trend line forming with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might recover if it manages to settle above $86,200 and $86,000. Bitcoin Price Dips Further Bitcoin price failed to…

Crypto Startup Entropy To Shut Down, Refund Investors

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Entropy founder and CEO Tux Pacific says after four years and multiple pivots, the project couldn’t find a scalable business model. Crypto start-up Entropy is closing down and handing funds back to investors, citing issues with scaling and struggling to find product-market fit. Entropy founder and CEO Tux Pacific posted to X on Saturday that the crypto automations platform doesn’t have a viable path forward after years of operation. “After four years, several pivots, and two rounds of layoffs, I’ve decided to wind-up Entropy and return capital to our investors,”…

Gold surges past $5,000 for first time as silver tops $107 on safe-haven buying

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Gold broke above $5,000 per ounce for the first time in history today, pushing the precious metal’s market capitalization past $35 trillion. The rally continued during early Asian trading on Monday as heightened risk-off sentiment gripped global asset markets amid ongoing economic and geopolitical tensions. In recent weeks, escalating frictions, including strained relations between the US and NATO, debate around the Greenland situation, and fears of potential US military action against Iran, have dominated headlines and reinforced gold’s appeal. Markets have also been unsettled by worries over the Fed’s independence…

Crypto Market Shaves $100B Amid US Government Shutdown Fears

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Around $100 billion was wiped from the crypto market late on Sunday, as uncertainty around another potential partial US government shutdown caused traders to sell off. Senate Democrats threatened to block a funding package if it included money for the Department of Homeland Security, which oversees Immigration and Customs Enforcement, after federal agents shot and killed a man in Minneapolis on Saturday. “Democrats sought common sense reforms in the Department of Homeland Security spending bill, but because of Republicans’ refusal to stand up to President Trump, the DHS bill is…

Deadly Winter Storm in US Impacts FoundryUSA and Other Mining Pools

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The hashrate of FoundryUSA, a digital asset advisory firm with the world’s largest Bitcoin (BTC) mining pool, has curtailed its hashrate by about 60% since Friday in response to the severe winter storm impacting large swaths of the United States. “Bitcoin hashrate on FoundryUSA alone is down by nearly 200 exahashes per second (EH/s), or 60%, since Friday amid continued curtailment. Temporary block production has slowed down to 12 minutes,” according to TheMinerMag.  FoundryUSA still commands about 198 (EH/s) of hashing power, accounting for about 23% of the global mining…

Saylor Says ‘Opportunists’ Pushing for BTC Changes Are Its Biggest Threat

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The biggest threat to the Bitcoin network is “ambitious opportunists” who want to push through protocol changes, according to Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy. Saylor’s comments sparked a debate online. Bitcoin maximalist Justin Bechler said the comments were directed toward software developers pushing for non-monetary use cases on Bitcoin, such as non-fungible tokens (NFTs) and onchain images in blocks. Source: Michael Saylor “The greatest risk to Bitcoin is quantum,” investor Fred Krueger said, while others like Mert Mumtaz, the CEO of remote procedure call (RPC)…

Bitcoin Gets the Macro Bug as $87,000 Comes Into Play

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Bitcoin (BTC) saw multiday lows into Sunday’s weekly close as bulls faced a week of macro uncertainty. Key points: Bitcoin heads lower as market nerves about upcoming macroeconomic volatility catalysts boil over. Downside risks firmly outweigh the odds of upside, BTC price analysis says. A potential bullish divergence against silver offers a glimmer of hope. Bitcoin sags into big macro week Data from TradingView tracked 1.6% losses for BTC/USD, which reached $87,471 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Long positions made up the majority of 24-hour crypto liquidations, which…

Bitcoin slides below $88K, triggering $135M in crypto long liquidations in the past hour

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Bitcoin dropped under $88,000 on Sunday, erasing around $135 million in crypto longs in the past hour amid renewed selling pressure across digital asset markets. The decline comes after Bitcoin retreated from a weekly high above $92,000 reached on January 19. The leading crypto asset traded at $87,743 at press time, down 1.5% on the day and nearly 8% over the past week, per CoinGecko. Market sentiment has turned fearful, with the Fear & Greed Index registering a score of 25. Technical analysts point to a false breakout of the…

Tezos Upgrades to Tallinn, Block Times Fall to 6 Seconds

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Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes storage costs and reduces latency, resulting in faster network finality times, according to an announcement from Tezos. Tallinn also allows all network validators, known as “bakers”, to attest to every single block, rather than a subset of validators attesting to blocks, which is how validators verified blocks in previous versions…