Month: January 2026

Dash Surges 125% Amid Privacy Coin Boom, and at the Expense of Zcash

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DASH price surged as capital rotated into privacy coins, with traders shifting away from Zcash after its governance turmoil. Key takeaways: Dash (DASH) emerged as one of the best crypto market performers this week, with its price rallying 125% to reach $79.60 on Wednesday. DASH/USDT daily chart. Source: TradingView Why is DASH rallying so much now? DASH primarily benefited from the capital rotation from rival Zcash (ZEC), last year’s top privacy-sector gainer, after the Electric Coin Company’s development team resigned amid governance disputes. ZEC/USDT vs. XMR/USDT and DASH/USDT weekly performance…

Sui mainnet faces a network stall, core team working on a fix

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Key Takeaways Sui mainnet has experienced a network stall. Users may encounter slow transactions or temporary processing failures during the disruption. Share this article Sui Mainnet is currently undergoing a network stall impacting dApps like Slush and SuiScan, leading to slowed or halted transactions, the team announced on X on Wednesday. Sui Mainnet is currently experiencing a network stall, and the Sui Core team is actively working on a solution. Be aware that dApps such as Slush or SuiScan may not be available, and transactions may be slow or temporarily…

What the GENIUS Act Was Meant to Stop—and the Stablecoin Loophole Banks See

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Key takeaways The GENIUS Act was designed to keep stablecoins as payment tools rather than savings products. As a result, it bans issuers from paying interest or yield to stablecoin holders. Community banks argue that a loophole exists because exchanges and affiliated partners can still offer rewards on stablecoin balances, even if the issuer itself does not pay yield. Smaller banks are more concerned than large banks because they rely heavily on local deposits. Any outflow of deposits could directly reduce lending to small businesses and households. Banks also note…

This ICP Metric Soars to a 2-Month High After 19% Surge: Pullback on the Way?

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Short-term correction or an “up only” scenario for ICP: what comes next? Internet Computer (ICP) is among the top-performing cryptocurrencies today (January 14), with its valuation surging by over 19%. However, one important indicator suggests that the bears might regain control in the short term. The Risks of an Incoming Correction Just recently, ICP pumped above $4, the highest level since the beginning of December 2025. Its market capitalization surged well beyond $2 billion, making it the 57th-largest cryptocurrency. ICP Price, Source: CoinGecko Despite the sharp rise, ICP’s Relative…

Algorand Foundation returns to the US, appoints new board for strategic blockchain initiatives

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Key Takeaways Algorand Foundation has re-established its headquarters in Delaware. A new board of directors has been appointed, led by Bill Barhydt as chair. Share this article Algorand Foundation has announced its return to the US, re-establishing its headquarters in Delaware and appointing a new board to drive its strategic goals. The move underscores the Foundation’s commitment to US leadership in blockchain innovation and financial empowerment. The new board is composed of finance, technology, and policy leaders, focusing on initiatives such as global payments, asset tokenization, and other financial empowerment…

Solana mocks Ethereum L2 Starknet over massive valuation versus low activity

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Key Takeaways Solana criticized Starknet for imbalance between high valuation and low user activity. The post appears to be a sarcastic comment referring to historical on-chain data from 2024. Share this article Solana’s official X account on Wednesday publicly mocked Starknet, a prominent layer 2 solution, over a stark mismatch between the project’s valuation and on-chain activity. The statement pointed to Starknet’s low daily active users and transactions despite maintaining a billion-dollar market capitalization. “Starknet has 8 daily active users, 10 daily transactions, and still somehow has a 1b MC…

Bitcoin Price Ignores PPI Overshoot to Hit $97,000

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Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November PPI data. Bitcoin (BTC) spiked to $97,000 at Wednesday’s Wall Street open as crypto markets shrugged off resurgent US inflation. Key points: Bitcoin reaches fresh eight-week highs, shrugging off high US PPI inflation data for November. The Supreme Court does not issue a ruling on international trade tariffs. BTC price must close the week above $93,500 to repeat April 2025-style bull run. Bitcoin hits new two-month high, shrugs off PPI Data from TradingView showed…

Bitnomial Launches US-Regulated Aptos Futures

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Chicago-based crypto exchange Bitnomial has launched monthly futures contracts tied to the Layer-1 blockchain Aptos’ native token, marking the first APT derivatives product regulated under the US oversight. The contracts will be available to institutional clients through Bitnomial’s clearing members, with retail access expected in the coming weeks via the company’s Botanical platform. According to an announcement shared with Cointelegraph, the contracts feature monthly expirations and settle in either US dollars or Aptos’ native APT (APT) token, depending on the position. Monthly futures are standardized derivatives that allow traders to…

Bitcoin Derivatives Enter Risk-On Mode as Futures Traders Go Aggressive

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Bitcoin futures has entered a bullish zone for the first time in three months. Bitcoin futures positioning has transitioned into a steady bullish zone for the first time in three months, according to analyst Axel Adler Jr. The Bitcoin Positioning Index rose to 3.5, which is the first breakout above the 3 level since October last year. BTC Futures Turn Bullish The index, which accounts for open interest dynamics, funding rates, and long/short opening ratios across major cryptocurrency exchanges, suggests that bullish positions in the futures market have been…

Rhode Island proposes bill to eliminate taxes on small Bitcoin payments

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Key Takeaways Rhode Island introduced legislation proposing tax exemptions for small Bitcoin transactions. The state’s Senate Bill 2021 aims to allow transactions up to $5,000 monthly or $20,000 annually without state tax liability. Share this article A new bill introduced by Rhode Island Senator Peter Appollonio proposes exempting small Bitcoin transactions from state income tax. Senate Bill 2021 (S 2021) would allow individuals and businesses to sell or exchange up to $5,000 in Bitcoin per month, or $20,000 per year, without state tax liability, according to the bill’s text. The…