Crypto News

- At a time when gold is outperforming every major cryptocurrency on the planet, it's easier than you might think to find a cryptocurrency capable of skyrocketing in value this year. I've found two beaten-down cryptos -- XRP (CRYPTO: XRP) and Sui (CRYPTO: SUI) -- capable of doing just that. Both have fallen significantly from their 2025 highs, giving them plenty of upside potential this year. Best of all, both come with powerful catalysts capable of jolting them back to life in 2026. XRP Let's start with XRP, which has been a longtime favorite with the crypto community. That's due, in large part, to its ability to deliver stratospheric returns within a very short period of time. Last year, for example, XRP skyrocketed from $0.50 to...

- Key Takeaways Bitcoin (BTC) could face further losses after its recent dramatic decline, a prominent crypto analyst warned, as criticism intensified over bullish forecasts from Fundstrat’s Tom Lee that traders say have failed to materialize. Bitcoin Price and Market Crash On Thursday, global financial markets had $3 trillion in market value wiped out in less than an hour. Gold saw roughly $1.5 trillion erased in market value, with prices sliding nearly 10% from recent highs. Silver fell about 12%. Bitcoin briefly fell below $83,000 before rebounding. At the time of reporting, it was trading at around $92,421. Such broad-based declines are typically associated with forced selling, margin calls, and risk-off...

- Arthur Hayes Says $300B Liquidity Drain Is Driving Bitcoin Lower Arthur Hayes says Bitcoin’s recent pullback is less about crypto-specific weakness and more about a sharp contraction in dollar liquidity rippling through global markets. Key Takeaways: In a post on X, the former BitMEX chief executive pointed to a roughly $300 billion drop in U.S. dollar liquidity over the past several weeks, driven largely by a $200 billion increase in the Treasury General Account (TGA). Hayes suggested the U.S. government may be rebuilding cash buffers to fund spending in case of a potential shutdown, effectively pulling liquidity out of the financial system. Dollar Liquidity Index Falls 7%, Weighing on Bitcoin The contraction is visible in the...

- Binance Converts SAFU Fund to Bitcoin After Oct. 10 Backlash—Will it Restore Trust or Add Risk? Key Takeaways Binance is making a major change to its Secure Asset Fund for Users (SAFU), its long-running emergency reserve designed to protect customers in case of hacks or unexpected incidents. The announcement lands at a tense moment for the exchange, as criticism has intensified across X over Binance’s token listing practices, particularly through its Binance Alpha program. Binance To Convert $1 Billion SAFU Fund to Bitcoin Binance said it will gradually convert roughly $1 billion in SAFU-stablecoin reserves into Bitcoin over the next 30 days. In an open letter to the crypto community, the exchange outlined how the transition will...

- Binance, the world’s largest crypto exchange by trading volume, announced plans to convert the entire $1 billion reserve of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days. The move comes as markets reel from a $1.7 billion crypto liquidation wave and from up to $9 trillion in whiplash across assets. Binance To Convert $1 Billion SAFU Fund to Bitcoin: All You Need to Know The SAFU fund, established in 2018 and funded by Binance’s trading fee revenue, serves as a financial backstop to protect users in the event of platform-related incidents. Under the new plan, Binance will gradually purchase Bitcoin to avoid sudden market disruption, a bold but centralized move by a private exchange to...

- US President Donald Trump is expected to nominate Kevin Warsh as the next chair of the Federal Reserve, with an official announcement anticipated Friday morning. Key Takeaways: Multiple media outlets have reported that Warsh has emerged as Trump’s pick to replace current Fed chair Jerome Powell, whose term expires in May. Warsh served on the Federal Reserve’s Board of Governors from 2006 to 2011 and has remained an influential voice on monetary policy since leaving the central bank. Prediction markets quickly reflected the shift. On Polymarket, Warsh’s odds of being nominated surged from around 30% to 95%, while former frontrunner Rick Rieder of BlackRock saw his chances fall sharply. Similar dynamics played out on Kalshi, where...

- Bitcoin’s value relative to gold has slipped close to levels last seen nearly a decade ago, reigniting debate over the cryptocurrency’s long-term performance as a store of value. Key Takeaways: Economist and long-time crypto critic Peter Schiff said Bitcoin is now worth about 15.5 ounces of gold, down 57% from its 2021 peak and only around 10% above its 2017 high when measured against the precious metal. In a post on X, Schiff argued that despite years of promotion and growing acceptance on Wall Street, Bitcoin has failed to outperform traditional safe havens. Schiff Says Gold and Silver Outshine Bitcoin as Safe Havens He said most current holders would have been better off owning gold or silver instead, pointing to strong gains...

- Crypto Sell-off Hits Corporate Treasuries as Strategy and BitMine Stocks Slide Nearly 10% The crypto market capitalization fell 6% over the past 24 hours as major assets moved sharply lower. The sell-off extended beyond digital tokens, weighing on leading crypto-focused treasury firms such as BitMine and MicroStrategy. While both companies continue to signal strong conviction through ongoing accumulation, the downturn highlights growing pressure on digital asset treasury firms. MicroStrategy Stock Slides to Nearly 16-Month Low Macroeconomic tensions weighed on crypto markets over the past 24 hours. Bitcoin fell 6.7%, while Ethereum extended its losses to 7.6%. During early Asian trading hours, both assets slid to two-month lows on...

- US DOJ Finalizes $400M Forfeiture Linked to Helix Crypto Mixer The US Department of Justice has completed the forfeiture of more than $400 million in assets tied to Helix, a darknet cryptocurrency mixer that authorities say was widely used to launder proceeds from illegal online marketplaces. Key Takeaways: In a statement released Thursday, the US Department of Justice said a final court order issued last week granted the government legal title to a range of seized assets, including cryptocurrencies, real estate, and financial accounts linked to Helix’s operations. The forfeiture marks one of the largest recoveries connected to a crypto mixing service to date. Helix Laundered $300M in Bitcoin for Darknet Users, Prosecutors Say...

- Roughly $8.8 billion worth of Bitcoin and Ethereum options expire today, January 30, 2026, marking the first monthly options expiry of the year. It places renewed focus on Bitcoin’s struggle to reclaim the $90,000 level, as the pioneer crypto continues to drift further away from it. Options Market Signals Caution as Bitcoin Drifts Further Below $90,000 The bulk of today’s exposure sits in Bitcoin options, which account for $7.54 billion in notional value, while Ethereum options make up a further $1.2 billion. Bitcoin is currently trading at $82,761, well below its $90,000 max pain level. Despite the pullback, positioning remains structurally bullish. Call open interest stands at 61,437 contracts, compared to 29,648 puts, pushing...

- Democrats Press DOJ Deputy Over Crypto Holdings, Enforcement Retreat Six Democratic senators have accused Deputy Attorney General Todd Blanche of violating conflict-of-interest law by dismantling crypto enforcement while holding substantial digital assets. In a letter sent Wednesday, Senators Mazie Hirono (D-HI), Richard Durbin (D-IL), Elizabeth Warren (D-MA), Sheldon Whitehouse (D-RI), Christopher Coons (D-DE), and Richard Blumenthal (D-CT) alleged that Blanche’s actions may have violated federal conflict-of-interest law, citing financial disclosures showing he held between $158,000 and $470,000 in crypto when he issued a policy memo easing oversight of the industry. The lawmakers pointed to 18 U.S.C. § 208(a), which prohibits...

- Keefe Bruyette Raises Core Scientific (CORZ) PT Following Pivot From Bitcoin Mining to AI Infrastructure Core Scientific Inc. (NASDAQ:CORZ) is one of the best performing new tech stocks. On January 26, Keefe Bruyette raised the price target on Core Scientific to $25 from $19 with an Outperform rating, having updated the company’s model ahead of the Q4 2025 report. The firm noted that Core Scientific is executing a full pivot from bitcoin mining to HPC leasing, though the shares remain valued largely on existing CoreWeave leases, and Keefe Bruyette sees an attractive setup for the shares ahead of expected pipeline updates and new deals. Additionally, earlier on January 6, BTIG analyst Gregory Lewis upgraded Core Scientific Inc...

- In the past 24 hours, nearly $1.7 billion in liquidations swept through the cryptocurrency market, with the total market capitalization declining by 6%. Bitcoin (BTC) alone accounted for nearly half of the total liquidations, with traders betting on further upside taking the biggest losses during the latest wipeout. Massive Liquidations Impact Leveraged Crypto Traders Data from CoinGlass shows a sharp wave of liquidations across the cryptocurrency market over the past 24 hours as asset prices declined following escalating US-Iran tensions. In total, 270,438 traders were liquidated during this period. Long positions accounted for the majority of losses, with liquidations reaching $1.57 billion. Meanwhile, short positions totaled...

- A flurry of macroeconomic and geopolitical developments triggered a broad-based selloff across global financial markets on Thursday, sending Bitcoin to its lowest level in nine months. Bitcoin shed 7.4% over 24 hours, hitting a low of $82,134 before a slight Friday morning recovery, according to price aggregator CoinGecko. The total crypto market capitalization declined by 6.7%, resulting in $1.68 billion in liquidated positions. Policy shifts in Washington played a central role in the correction, including U.S. President Donald Trump’s announcement that he would reveal his next Federal Reserve Chairman nominee on Friday. While nothing is final until an official announcement—expected later this morning—sources familiar with the...

- Bitcoin pulls back to as low as $81,000 as horrendous day continues Bitcoin's (BTC) price continued to pull back in late Thursday evening U.S. hours, tumbling to as low as $81,000 before bouncing to the current $82,000. The world's largest cryptocurrency has now lost nearly $10,000 over the past 24 hours of trading. More than $777 million in crypto longs were liquidated over the past hour, with that sum rising to $1.75 billion over the past 24 hours, according to CoinGlass. The broader cryptocurrency market likewise saw prices tank by 7% to 9% over the past 24 hours, with ether (ETH) hovering around $2,700, BNB (BNB) around $843, and XRP (XRP) around $1.74. A CoinDesk analysis suggested that bitcoin's price falling below $85,000...

- Bitcoin slid 7% to around $82,000 on Friday as Asian markets opened to volatile trade, after President Donald Trump endorsed a bipartisan deal to avert a fresh US government shutdown and said he has decided who he will nominate to lead the Federal Reserve. The crypto move came with a wave of forced unwinds. CoinGlass data showed $1.75B of liquidations over the past 24 hours, with long positions accounting for $1.65B and shorts at $105.63M, as 276,308 traders were liquidated. Bitcoin dominated the damage on the heatmap, with $826.63M of liquidations tied to BTC over 24 hours, while Ether followed with $428.48M. XRP and Solana also showed sizable hits at $72.35M and $70.34M. Market snapshot Risk Appetite Softens As Futures Slip...

Bitcoin sold off sharply early Friday Asian time, plunging more than 5% from $89,000 to a low of $83,400 during US daytime trading. Unlike gold and equities, it failed to recover—exposing a troubling identity crisis for the so-called "digital gold." The market is re-pricing trust in currencies and institutions, but that trust is flowing to gold vaults, not crypto wallets. Same Storm, Different Outcomes The sell-off was triggered by an escalation in US-Iran tensions after President Trump issued warnings on Truth Social, threatening military strikes unless Tehran agrees to a nuclear deal. Middle Eastern governments are attempting to push both sides into talks, but efforts have failed to gain traction as the US moves more firepower into...

- Indonesia's Financial Services Authority (OJK) reported that approximately 72% of licensed crypto exchanges in the country remained unprofitable as of the end of 2025, even as the number of crypto users surpassed 20 million. The figures highlight a structural challenge: a booming user base that increasingly prefers overseas platforms, leaving domestic exchanges struggling to compete. Indonesia's Cost and Liquidity Gap According to OJK data cited by local media, the total value of crypto transactions fell to IDR 482.23 trillion (~$30 billion) in 2025, down from IDR 650 trillion in 2024. OJK attributed this to Indonesian investors increasingly trading through regional and global platforms rather than domestic exchanges. Indodax CEO...

- Strategy, BitMine Stock Prices Dive as Bitcoin and Ethereum Sink Ethereum giant BitMine Immersion Technologies and top Bitcoin treasury Strategy and have seen their stocks slide amid a fresh round of investor worry, with both of their respective assets of choice both falling hard Thursday. Upon the close of markets on Thursday, BitMine, which trades under the BMNR ticker on the Nasdaq, had shed nearly 10% and was changing hands for $26.70. BMNR dipped as low as $26.02 on the day, matching its $26.02 close on November 2, 2025. At the start of the week, BitMine made its biggest buy yet in 2026 by acquiring $116 million worth of ETH. Since the start of the year, the company has made three other purchases: $108 million, $76 million...

- The U.S. Senate Agriculture Committee voted by a narrow margin to advance its own proposal of the long-awaited crypto market structure bill, bringing the overall CLARITY Act process a step further toward a full Senate test. After a markup session that lasted a little more than an hour, the committee voted on the bill, 12–11, in a party-line vote. The amendments put forward were all voted down, mostly along partisan lines. Clarity Bill Draws Lines Between the SEC and CFTC The bill is intended to shift the U.S. crypto regulations from an enforcement-first model to more explicit statutory guidelines. It would have the Commodity Futures Trading Commission with primary supervision over digital commodity spot markets of digital...