Category: Bitcoin News

Short Squeeze Hits Top 500 Cryptos, Traders Unwind Bearish Bets

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Cryptocurrency markets staged their largest short squeeze since the selloff in early October, as a rebound in prices forced bearish traders to unwind positions and fueled hopes of a broader recovery. Short liquidations across crypto futures and perpetual contracts climbed to about $200 million on Wednesday, the highest level since about $1 billion in short positions was wiped out during the October market crash, according to data shared by analytics firm Glassnode. The company said that it was the biggest short liquidation event across the 500 largest cryptocurrencies since the…

Universal Blockchains Buckle Under Real-World Demands

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Opinion by: Steven Pu, co-founder of Taraxa ​Across verticals, the same pattern shows up again and again, and it has nothing to do with decentralization. Businesses rush toward blockchain solutions to solve their daily operational nightmares — only to discover that Ethereum and Solana can’t actually address them. ​Consider a construction foreman who approved a last-minute design change over a quick phone call, only to get sued six months later when the customer says they never agreed to it. Or consider an equipment leasing company that watches its revenue share…

What Will Trigger BTC Price Breakout?

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Bitcoin (BTC) rallied 10% from its yearly open near $87,500 before stalling below resistance, but analysts say the price remains positioned for higher targets if key supply levels are reclaimed and spot demand continues to build. Key takeaways: Bitcoin must take out resistance at $98,000 to trigger a rally to a six-figure BTC price. Spot demand and spot ETF inflows must persist for a breakout to $100,000. BTC price must take out resistance at $98,000 BTC’s price rebounds since November 2025 have repeatedly been rejected by a supply zone at…

Bitcoin ETFs Post $840M Inflows As BTC Rallies Above $97K

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Bitcoin exchange-traded funds (ETFs) have seen strong inflows for three consecutive days, reversing earlier January losses. Spot Bitcoin (BTC) ETF inflows topped $843.6 million on Wednesday, marking the largest single-day inflows of 2026 so far, according to data from crypto research platform SoSoValue. During the three-day streak, spot Bitcoin ETFs have drawn more than $1.7 billion, offsetting earlier outflows of about $1.4 billion on Jan. 6–9. The fresh inflows came amid Bitcoin revisiting two-month highs above $97,000 on Wednesday, pushing investor sentiment higher as the Crypto Fear & Greed Index…

Bitcoin RSI Leads Bullish Signals With All Eyes on $101,000

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Bitcoin leading indicators stayed bullish for BTC price action, with $101,000 of key importance as a resistance reclaim area next. Bitcoin (BTC) bull signals are persisting as price hits new two-month highs near $98,000. Key points: Bitcoin price leading indicators point to bullish continuation after two-month highs. The overall price environment is looking better than at any point since the start of October. 2026 may end up a “bear market year” unlike any other. Bitcoin RSI, MACD print classic reversal signal Data from TradingView reveals that Bitcoin’s relative strength index…

Lemon Launches Argentina’s First Bitcoin-Backed Credit Card

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Lemon, one of Argentina’s largest crypto exchanges, has launched what it describes as the country’s first Bitcoin-backed Visa credit card, offering users Argentine peso financing without forcing them to liquidate their BTC savings.  According to La Nación, a leading Argentine daily newspaper, customers must lock up 0.01 Bitcoin (BTC) as collateral (around $960 at current prices) to obtain an initial credit limit of 1 million pesos, with the BTC held as an immobilized guarantee rather than being sold or converted to fiat.  Lemon plans to expand the product so that…

Crypto Market Slide Hits ARK ETFs as Coinbase, Roblox Weigh on Returns

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A pullback in crypto markets during the fourth quarter of 2025 weighed on several of Cathie Wood’s ARK exchange-traded funds (ETFs), revealing that the firm’s flagship funds are sensitive to digital asset performance. According to ARK’s quarterly report released Wednesday, weakness in crypto-linked equities, led by Coinbase, emerged as a key drag on performance. The exchange was among the largest detractors across multiple ARK funds, including the ARK Next Generation Internet ETF (ARKW), ARK Blockchain & Fintech Innovation ETF (ARKF) and the ARK Innovation ETF (ARKK). Coinbase’s shares declined more…

Bitcoin New High Chances Depend On Monetary Expansion: Hayes

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Bitcoin will likely reach new all-time highs despite poor performance against gold and tech stocks last year, according to BitMEX co-founder Arthur Hayes, citing the potential expansion of monetary conditions. “If gold and the Nasdaq have the juice, how is Bitcoin going to get its groove back? Dollar liquidity must expand for that to happen,” Hayes said in a post on Wednesday. “Obviously, I believe it will in 2026,” Hayes said. Hayes pointed to several catalysts that would support a “drastic increase” in dollar liquidity in 2026, such as the…

Solana Mobile Announces Seeker Token Airdrop

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Over 100,000 Solana Mobile users and mobile app developers are set to receive a share of nearly 2 billion Seeker tokens as part of the first SKR airdrop next week. In a post via X on Wednesday, Solana Mobile revealed that an allocation tracker is now live and that users and developers can now check their “seed vault wallets” to see how much they will receive in the airdrop on Jan. 21.  “The total allocation for this airdrop includes: – 1,819,755,000 SKR to 100,908 users – 141,030,000 SKR to 188…

Ex-NYC Mayor Eric Adams Claims He Didn’t Profit From NYC Token

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A spokesperson for former New York City Mayor Eric Adams has refuted accusations that he moved money or profited from the NYC Token, which launched on Monday and plummeted 80% in the first hour of launch.  “To be absolutely clear: Eric Adams did not move investor funds. Eric Adams did not profit from the launch of the NYC Token. No funds were removed from the NYC Token,” Todd Shapiro, a spokesperson for Adams, said in a statement shared to X on Wednesday. Accusations of a potential rug-pull spread after the…