Month: January 2026

Bitcoin Recoils to $95K, But Classic Chart Pattern Projects 18% Gains

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Bitcoin’s (BTC) price traded 9.5% above its Jan. 1 open of $87,500, and traders were confident that BTC’s short-term “trend is up” as the price approached a key level of interest. Key takeaways: Bitcoin price consolidates around $95,000 as bulls face a major barrier ahead. Technical analysis shows an ascending triangle targeting $113,200 BTC price.  Bitcoin price is at an “inflection point” As Cointelegraph reported, Bitcoin’s ability to return to a six-figure price hinges on overcoming the resistance at $98,000 — the short-term holder (STH) cost basis.  This is the…

Ethereum Hits Staking Highs as ETH Price Targets $4K Zone

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Ethereum tests $3.3K support after bullish breakout as staking hits all-time high and new wallet activity rises across the network. Ethereum (ETH) is now trading near a key range that may decide its short-term move. The $3,300–$3,400 zone is being tested after the asset broke out of key technical patterns. Breakout Supports Bullish Setup Analyst Merlijn The Trader has pointed out a few important technical patterns on the 12-hour chart. Ethereum recently broke out of a falling wedge. This type of pattern often appears at the end of a…

Polygon Trims Workforce Amid $250M Open Money Stack Payments Pivot

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Polygon Labs has cut personnel as it pivots more aggressively to a payments-first strategy built around stablecoin rails and what it calls an “Open Money Stack,” a new, vertically integrated set of services designed to move money onchain. The layoffs came just days after announcing a deal worth as much as $250 million to acquire US crypto ATM and payments company Coinme and wallet and developer platform Sequence.  Polygon did not publicly disclose how many roles were eliminated, but according to multiple sources on social media platforms like X, a…

KBC Bank To Launch MiCA-Regulated Crypto Trading in Belgium

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KBC, one of Belgium’s largest banks, is set to roll out Bitcoin and Ether trading to retail investors next month via its own custodial solution and investment platform. From Feb. 16, KBC customers will be able to buy and sell crypto assets through the online investment platform Bolero, the bank announced Thursday. “This will enable self-directed investors in Belgium to invest in cryptocurrencies within a secure and fully regulated environment, a first in Belgium,” KBC said. Launched in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA), KBC’s crypto…

Citron Research Accuses Coinbase CEO Brian Armstrong of Undermining CLARITY Act

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Coinbase withdrew support for the CLARITY Act, citing risks to tokenized equities, DeFi privacy, and stablecoin rewards. Citron Research on Thursday accused Coinbase CEO Brian Armstrong of opposing the Senate’s CLARITY Act to protect the exchange’s stablecoin yield business from new competition, as debate over the bill intensified in Washington and across the crypto industry. The allegation has widened a public split within crypto, pitting Coinbase’s objections against other firms that still back the bill while lawmakers scramble to revive stalled negotiations. Citron’s Claims Collide With Coinbase’s Public Stance…

Will Markets React to $2.8B Crypto Options Expiry Event?

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Friday has arrived again, and that means another round of Bitcoin and Ether options contracts are expiring while spot markets have steadily climbed this week. Around 25,000 Bitcoin options contracts will expire on Friday, Jan. 16, with a notional value of roughly $2.4 billion. This expiry event is slightly larger than last week’s, but derivatives trading remains slow, so there is unlikely to be any impact on spot markets. Crypto markets have gained around $130 billion since the start of the week, with the majors hitting two-month highs despite the…

State Street Launches Platform For Tokenizing Assets

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State Street said its new crypto platform would help clients build tokenized money market funds, exchange-traded funds, and products such as tokenized deposits and stablecoins. Multinational banking giant State Street has launched an institutional digital asset platform, aimed at helping businesses navigate the sector and launch a range of crypto products.  State Street said on Thursday its platform aims to bridge traditional assets to crypto via tokenization and will build tokenized money market funds, exchange-traded funds products such as tokenized deposits and stablecoins. The platform will provide institutions with tokenization…

US Homebuilder To Launch Crypto Rewards After Regulatory OK

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US homebuilder Megatel Homes is set to launch a crypto rewards platform after receiving a Securities and Exchange Commission “no-action” letter. Megatel said on Thursday that the platform, dubbed MegPrime, would give users rewards for using “MP Tokens,” such as using them to pay their rent to earn back tokens that can be used for “everyday purchases” or converted to US dollars. It came after the SEC allowed MegPrime to go ahead with its plans in its letter on Thursday, recommending no enforcement action so long as the platform strictly…

Stronger Foundations Built Behind Crypto 2025 Price Swings

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Crypto prices were a mixed bag in 2025, but behind the scenes and away from the market volatility, so-called “structural pillars” like user access, settlement rails and regulations improved, says Binance. Prices across the crypto market fluctuated significantly throughout 2025, with Bitcoin (BTC) swinging between a low of $76,000 in April and a new all-time high of over $126,000 in October. Binance Research said in a report on Thursday that mark movements aside, regulatory clarity with legislation like the GENIUS Act in the US and Europe’s MiCA framework, helped establish…