Month: January 2026

Ethereum Address Poisoning Attacks Steal $740K After Fusaka

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A security researcher claims Ethereum’s recent network surge could be linked to address poisoning attacks that are exploiting low gas fees on Ethereum. Recent record network activity on Ethereum could be partially linked to a wave of address poisoning attacks taking advantage of extremely low gas fees, said security researcher Andrey Sergeenkov. Cointelegraph reported on Friday that network activity retention nearly doubled to 8 million addresses in a month, while daily transactions hit an all-time high of almost 2.9 million. The week starting Jan. 12 saw 2.7 million new addresses,…

$2.17B Floods Into Crypto as Bitcoin Dominates, But Geopolitics Trigger a Sudden Reversal

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Bitcoin led with $1.55 billion as early-week optimism faded following Greenland tensions, tariff threats, and changing US Fed expectations. Digital asset investment products saw strong inflows of $2.17 billion last week. This was the highest weekly total since October 10, 2025, shortly before a major market crash. Most of the inflows came earlier in the week, which indicated strong investor interest. However, sentiment flipped on Friday after outflows of a whopping $378 million hit the market. The reversal followed rising diplomatic tensions over Greenland, renewed threats of additional trade…

Magic Eden to Capitalize on Speculation Supercycle

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Magic Eden CEO and co-founder Jack Lu says his company will be well-positioned for the “supercycle” where “finance merges with entertainment” amid a recent boom in prediction markets and betting. “Speculation is mainstream now. And Magic Eden is building for this world,” Lu posted to X on Monday. “Prediction markets are all over Emmys and the news. Betting is the second fastest growing industry in the US after AI. Sportsbook sponsorships are all over everyone’s favorite sports broadcasts. Hyper casual games + real-money gaming are converging.” Lu’s remarks come as…

XRP Price Hits Resistance on Recovery, Bulls Lose Momentum

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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…

Crypto Traders Return to Memecoins, Trading Volume Jumps 106%

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Memecoin traders appeared to be locking in profits on Monday after a strong start to the year, according to analysts, with memecoin trading volumes spiking while memecoin marketcap fell. Memecoin trading volume spiked to $5.62 billion on Monday, rising 106% from a day earlier, while memecoin market capitalization fell 6%, according to crypto data platform CoinMarketCap. The volume has since dropped back down to $3.6 billion, down more than 24% for the day.  Vincent Liu, the chief investment officer at Kronos Research, told Cointelegraph a surge in memecoin trading volume…

Ethereum Price Trapped Under $3,250, Momentum Tilts Lower

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Ethereum price started a fresh decline from the $3,300 resistance. ETH is now consolidating losses and is at risk of more losses below $3,150. Ethereum started a sharp downside correction below $3,250. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $3,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,160 zone. Ethereum Price Struggles Below Resistance Ethereum price failed to remain stable…

Bitcoin Spot Market Improves As Sell Pressure Eases

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Spot market conditions for Bitcoin are showing early signs of improvement with increased trading volume and decreasing sell-side pressure, according to analysts from Glassnode. There has been a “modest” lift in spot Bitcoin (BTC) trading volume, “while the net buy–sell imbalance has broken above its upper statistical band,” reported Glassnode on Monday.  This is signaling a “clear reduction in sell-side pressure,” but despite this, spot demand “remains fragile and uneven,” it added.  Bitcoin declined almost 3% from its weekend high of $95,450 to trade at around $92,550 at the time…

Bitcoin Price Action Turns Unsteady, Downside Threat Grow

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Bitcoin price started a fresh decline below $94,000. BTC is consolidating losses and remains at risk of more losses if it dips below $91,500. Bitcoin started a sharp decline below $94,000 and $93,000. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $94,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $94,000 zone. Bitcoin Price Turns Red Bitcoin price failed…

MegaETH Hits 47K TPS As It Prepares For 11B Transaction Stress Test

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Data shows Ethereum layer 2 MegaETH hit network speeds of up to 47,000 transactions per second in testing as the project prepares for a stress test ahead of its mainnet launch.   In an X post on Monday, MegaETH said it will launch a “global stress test” on Thursday, with an official launch to follow. “On Jan 22nd, we’re opening mainnet to users for several latency-sensitive apps while the chain is under intense, sustained load,” MegaETH said, adding: “Stress tests only matter if they’re uncomfortable. We’re targeting sustained, true TPS of…