The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The letter alleges that Blanche held substantial amounts of crypto when he shut down the DOJ's National Cryptocurrency Enforcement Team.
The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.
As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.
As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.
Crypto analyst CryptoBull has highlighted targets that XRP could reach as it eyes double digits. The analyst is confident the altcoin could reach these targets, noting that current price action is mirroring the previous bull run. XRP Eyes Rally To $11 And Then $70 In an X post, Crypto Bull stated that the next impulse will take XRP to $11 and that the last wave will take the altcoin to $70. This came as he noted that the price pattern is mirroring the previous bull run, with the only difference being time, which he claimed makes sense, as the altcoin needs longer accumulation to reach higher prices. Related Reading: XRP Completes ‘Super Guppy Compression’ Against Bitcoin, Next Target Emerges The analyst also indicated that it could take a year of accumulation for XRP to reach the $11 price target, meaning the last wave to $70 could take much longer. This prediction comes despite the current decline in the crypto market, with XRP trading below the psychological $2 price level. Despite the current bearish sentiment, crypto analyst CW has also declared that the XRP rally is about to begin and that the road to $21.5 is just the beginning. He noted that this is the Phase 4 peak while the first goal is for the altcoin to break its current all-time high (ATH). His accompanying chart showed that XRP could reach this $21 target by year-end. Meanwhile, there is the possibility of the altcoin rallying above $100 in the next Phase 1, which could happen next year. Crypto Pundit X Finance Bull recently highlighted the CLARITY Act and Trump’s tariffs as factors that could boost XRP’s demand and lead to higher prices for the altcoin. He expects the CLARITY Act to boost XRP’s demand, especially with Trump’s Crypto Czar predicting that more banks will enter into crypto once the bill passes. X Finance Bull predicts that XRP will be the token of choice for these banks based on his belief that Ripple will provide the rails to onboard them. XRP Breaking Out Of Multi-Year Triangle Crypto analyst XForce revealed in an X post that XRP is breaking out of the largest 6+ year triangle in history, yet people are calling it a fakeout. He added that he is not a permabull or permanbear on the altcoin but that he follows trends and plays macro breakout patterns. His accompanying chart indicated that XRP was on the verge of a move to the upside, with a potential rally above $11.50. Related Reading: XRP Price Recovery Is Possible If It Reclaims This Ichimoku Base On the lower timeframe, crypto analyst Chart Nerd stated that XRP is currently breaking out of a two-week falling wedge structure. He noted that this is a bullish reversal pattern that could send the altcoin back to $2.40 in the short term, as this is where the wedge formed. He highlighted a key resistance between $2.13 and $2.20, which the altcoin will need to break above to confirm a reversal. At the time of writing, the XRP price is trading at around $1.92, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
Binance founder and former CEO Changpeng Zhao (CZ) has pushed back against growing scrutiny surrounding his relationship with President Donald Trump, saying his ties to the president and his family have been widely misunderstood following Trump’s decision to grant him a pardon last year. CZ Rejects Allegations Of Binance’s Political Links Attention on Zhao intensified after President Trump issued a pardon in October 2025, a move that prompted renewed criticism from Democratic lawmakers and fueled questions about Binance’s alleged political and business connections. Addressing the controversy in a recent interview with CNBC, Zhao said claims of a business relationship with the Trump family are inaccurate. “There’s no business relationship whatsoever,” Zhao stated. The former executive added that the narrative surrounding the pardon and Binance’s alleged ties to Trump had been “misconstrued.” Related Reading: Binance Forms New Company In Greece, Moves Forward With MiCA Licensing Much of the scrutiny centers on Binance’s connection to the Trump-linked decentralized finance (DeFi) venture World Liberty Financial (WLFI). That connection traces back to a $2 billion investment made in March 2025 by MGX, a state‑owned firm based in Abu Dhabi, United Arab Emirates. MGX invested in Binance using USD1, a stablecoin created by World Liberty Financial. Zhao emphasized that the payment method was chosen by the investor, not Binance. “MGX is the investor. They choose USD1,” he said. “My request to them was they pay us in crypto. I don’t want to deal with banks, really.” According to Zhao, the use of the venture’s USD1 stablecoin has been wrongly interpreted as evidence of a deeper relationship. “Many people misconstrued that,” he added. WLFI Push Back On Political Influence Claims In a statement, WLFI spokesperson David Wachsman said the company played no role in the pardon process. “As we have stated many times, WLFI is not a political organization and had zero role in the pardon process,” Wachsman said. “To imply otherwise is dangerous and false.” Trump himself downplayed any personal connection in a November interview with CBS’s 60 Minutes. “I have no idea who he is,” the president said of Zhao. Trump added that he had been told Zhao was “a victim, just like I was and just like many other people, of a vicious, horrible group of people in the Biden administration.” Additional attention has focused on Binance’s lobbying efforts in Washington. NBC News reported during the week of the pardon that Binance had hired Checkmate Government Relations, a lobbying firm led by Charles McDowell, who is a friend of Donald Trump Jr. Related Reading: Expert Analyzes XRP, Ethereum, And Solana: Predictions For The Next Altcoin Season According to disclosures, the firm was paid $450,000 to lobby the White House and the Treasury Department on matters including “executive relief” and digital asset‑related financial services policy. Zhao denied that any lobbying effort was connected to his pardon. “There is a lot of media saying that there is some deal in place to get me the pardon,” he told CNBC in Davos. “As far as I know, that does not exist at all.” Binance’s former CEO also said he has never spoken directly with President Trump. “The closest that I got to him was today when he was doing the Board of Peace session,” Zhao said. “I was in the audience, about 30 to 40 feet away from him.” At the time of writing, Binance Coin (BNB) was trading at $893, having recorded a 4% drop over the previous week. However, it is one of the few cryptocurrencies to have retained gains year-to-date, with an increase of 30% in that time. Featured image from OpenArt, chart from TradingView.com
The OCC says the trust-bank application tied to President Donald Trump-connected World Liberty Financial will move ahead without the senator's requested pause.
Spacecoin said the partnership includes a token swap between the two projects, though it did not disclose the terms.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question. Why The Shiba Inu Price Crashed The Shiba Inu price crashed amid significant selling pressure, with a SHIB whale sending billions of tokens to Robinhood, likely to offload these tokens. Arkham data shows that the whale (0x2d0…9f7bB) first sent 210.365 billion SHIB tokens, worth $1.63 million, to the crypto exchange. These tokens represented about 97% of the whale’s SHIB holdings. Related Reading: Shiba Inu Sell-Offs Incoming: 82 Trillion Deposits Threaten To Crash SHIB Price Further data from Arkham shows that the SHIB whale sent an additional 1.52 billion tokens to Robinhood and 7 billion tokens to liquidity provider B2C2 Group, which could be an OTC sale. The Shiba Inu price has notably crashed by over 7% in the last week, and it suffered its worst drop during this period yesterday amid the whale’s transfers. The whale now holds only 5.86 billion SHIB, worth $46,790. The Shiba Inu price also crashed due to the sell-off in the broader crypto market, led by Bitcoin. BC dropped to as low as $87,000 yesterday amid concerns over trade tensions between the U.S. and Europe stemming from the Greenland-linked Trump tariffs. However, the market recovered towards the end of the day as Trump announced that he had canceled the proposed tariffs, having reached a Greenland deal with NATO. Despite the recent Shiba Inu price crash, the meme coin is still up over 15% year-to-date (YTD) and ranks among the best-performing crypto assets this year. However, SHIb is still far off from its current all-time high (ATH) of $0.00008845. Exchange Netflows For SHIB Remains Mixed SHIB’s exchange netflows have remained mixed, indicating there is no clear accumulation pattern for the meme coin at the moment. CryptoQuant data shows that today’s net flows are negative, totaling just over 7 billion Shiba Inu tokens, suggesting that more coins are flowing into exchanges than out. However, the total exchanges’ netflows yesterday were positive, at 1.6 billion tokens, indicating more tokens leaving exchanges, which is bullish for the Shiba Inu price as it hints at accumulation from whales. On January 16, SHIB’s netflows were also positive, totaling around 115 billion tokens. However, the positive netflows on that day were overshadowed by the negative flows of 214 billion SHIB recorded on January 20. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% Crypto traders still remain bullish on the Shiba Inu price as CoinGlass data shows the long/short ratio is currently above 1. Derivatives trading volume has also jumped by over 20% while the open interest is up almost 3%. At the time of writing, the Shiba Inu price is trading at around $0.000007978, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
The sharp reversal showed how closely crypto prices remain tethered to macro headlines. Solana, XRP, Cardano and dogecoin followed a similar pattern of quick losses and partial recoveries
Bitcoin rebounded above $91,000 after Trump said he was calling off new tariffs on eight EU countries related to his Greenland ambitions.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. President Donald Trump said he supported efforts to legislate crypto because of the political support he received for doing so.
Trump said U.S. prepares to negotiate to acquire Greenland that will not pose threat to NATO.
The recent price movements of Bitcoin are unfolding in a notably quiet environment and are largely absent from retail participation. Unlike past rallies that were fueled by viral speculation and surging search interest, the current advance appears to be driven by a different class of buyers. How Retail Activity Remains Muted Despite Price Movement Bitcoin is not being driven by retail emotion. An analyst known as the Master of Crypto highlighted on X that after President Donald Trump’s latest news hit the headlines, the market stayed flat for more than a day, despite BTC trading nonstop. The real move only began when Asian institutional flows entered the market, and gold followed the same pattern. Related Reading: Steak ’N Shake Doubles Down On Bitcoin With $10M Balance Sheet Boost This suggests that most breaking news explanations are written after the price has already been decided. The most concerning is that retail traders continue to pile into leverage even with clear warnings. Meanwhile, this was the third tariff-related headline from Trump, and BTC has reacted negatively to every single one. Any company that is capitalized entirely in a single fiat currency is exposed to catastrophic loss if that currency fails. Ben Werkman has pointed out that history shows that this risk repeatedly occurred with outright collapse, just like the Iranian rial, Argentine peso, Venezuelan bolívar, Zimbabwe dollar, and Lebanese pound, which have experienced severe breakdowns in purchasing power. Meanwhile, currencies like the Turkish lira and Sri Lankan rupee have undergone major devaluation cycles. When a monetary regime breaks, unhedged corporate balance sheets tend to break with it. Werkman argues that Bitcoin introduces an unprecedented hedge in this context. As a non-sovereign, globally liquid asset, BTC cannot be devalued overnight by a single policy decision or local political crisis. Companies may want to accumulate some BTC on their balance sheet, just in case these real-world events continue to happen. Key Levels That Will Define the Next Expansion Phase According to Creptosolutions, Bitcoin is now centered around the key zone of $90,000 and $92,000, an area that previously acted as strong support, after topping near $126,000. If the bullish market structure remains valid, this level must continue to hold. Related Reading: Bitcoin Price Action Turns Unsteady, Downside Threat Grow The price action here is not random. After a major rally, BTC is now compressing, suggesting that the market is building energy for the next direction. As long as the price remains above $90,000, buyers retain structural control, and another move up remains possible. If BTC sustained a break back above $103,000, it would continue surging higher. On the downside, a weekly close below $90,000 would turn the momentum negative, with a deeper drop toward the $85,000 to $80,000 zone. Currently, BTC is still moving in a narrow range and has not yet chosen a direction. This kind of behaviour usually leads to a strong move. The weekly close is more important than short-term price swings. How price behaves around the $90,000 level will provide the clearest signal of the next major move. Featured image from Pixabay, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The token may be launched on Crypto.com’s Cronos blockchain, with the exchange providing custodial services for the distribution.
The president and his family's growing ties with crypto have drawn significant scrutiny from critics and political rivals.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on every weekday.
Crypto analyst ChartNerd has raised the possibility of the XRP price recording another 30% surge from its current level. This comes even as the altcoin risks erasing its year-to-date (YTD) gains due to the recent crypto market crash. How The XRP Price Could Rally To $2.70 In an X post, ChartNerd stated that a potential XRP price rally to $2.70 is a possibility in the near term if the altcoin can hold the Fib support targets and mark a higher low. He highlighted three Fib support levels, including the 0.5 at $2, 0.618 at $1.99, and 0.786 at $1.89. He noted that the $2.70 was the base of the descending triangle, around the area where XRP broke down from following the October 10 crypto crash last year. Related Reading: XRP Wave C Push On The Way: What Could Send Price Below $2? ChartNerd also explained that the XRP price was currently in a falling wedge breakout pattern and that this typically leads to rallies as high as where the coin had broken down. As such, in this case, XRP could reach the descending triangle resistance at $2.70. The crypto analyst had also highlighted bullish fundamentals that could drive the rally toward this target. This includes Ripple’s alleged ties to South Korea’s tokenized infrastructure and projected major expansion for XRP. However, it is worth mentioning that the XRP price is also at risk of a further decline amid the latest crypto market crash, led by Bitcoin. BTC has dropped to as low as $92,000 in the last 24 hours, forcing XRP to crash below the psychological $2 level. This crash has occurred on the back of the latest Trump tariffs on some European nations over the U.S. proposed takeover of Greenland. The EU is weighing retaliatory tariffs, which could escalate this into another full-blown trade war. The Crash Could Be A “Blessing In Disguise” In another X post, ChartNerd suggested that the recent XRP price crash could be a blessing in disguise. This came as the analyst alluded to the $1.80 liquidity pocket on the monthly heatmap. He noted that this latest drawdown has swept the altcoin into that exact sell-side liquidity, a move which ChartNerd described as a clarity response. ChartNerd also suggested that the XRP price is likely a minor setback rather than a major retracement. He noted that although altcoins are taking hefty hits, Bitcoin hasn’t lost any key structure and that all he sees is “opportunity” until the trendline is invalidated. As such, XRP could see a bounce if BTC successfully defends this trendline. Related Reading: Analyst Says XRP Price Just Entered Neutral State – What This Means At the time of writing, the XRP price is trading at around $1.96, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin price succumbed to a violent selloff on Monday while gold and silver surged to all-time highs following President Donald Trump‘s threat of sweeping new tariffs on European allies. According to CryptoSlate's data, BTC slipped below $93,000 within minutes during early Asian trading hours, after trading comfortably in the mid-$95,000s just moments earlier. This price […]
The post Bitcoin just failed its biggest ‘digital gold’ test, and the reason why should have every investor deeply worried appeared first on CryptoSlate.
Crypto analyst TARA has predicted that the Bitcoin price will still rally despite bearish signals that have surfaced. She highlighted why the flagship crypto could reach this level and what could happen once it touches the price target. Analyst Predicts Bitcoin Price Surge To $99,000 In an X post, TARA opined that the Bitcoin price will reach $99,300, even though the flagship crypto is printing a bearish candlestick. She stated that BTC wants to touch this price target before it retraces deeper so that the correction does not break the critical support at $90,000. The analyst added that retracement levels for BTC will continue to be adjusted, with the new 2026 high above $97,000, while revealing subwaves on the way to the full target at $103,000. Related Reading: Analyst Outlines The Bulllish And Bearish Scenarios For Bitcoin – Here’s What To Know Notably, crypto traders are currently betting on the Bitcoin price rallying past the $99,000 level and reaching the psychological $100,000 level. Polymarket data shows a 48% chance that BTC will rally to $100,000 this month. This follows the flagship crypto’s recent rally from around $92,000 to above $97,000 following the release of the soft CPI inflation data earlier this week. The spot Bitcoin ETFs have also contributed to the Bitcoin price surge to start the year. In an X post, Bloomberg analyst Eric Balchunas highlighted that ETFs recorded net inflows of $843 million on January 14 and now boast 1-week net inflows of $1 billion and $1.5 billion year-to-date (YTD). With BTC rallying to $97,000 after trading sideways towards the end of last year, Balchunas opined that the buyers may have exhausted the sellers. Arthur Hayes Predicts Bitcoin Rally On Rising Liquidity In his latest blog post, BitMEX co-founder Arthur Hayes predicted that the Bitcoin price could sustain this rally as dollar liquidity rapidly increases. Hayes expects dollar liquidity to increase as U.S. President Donald Trump finds more ways to inject liquidity into the economy. The BitMEX co-founder highlighted how Trump plans to lower mortgage rates, which could cause Americans to borrow more. Related Reading: What’s Going On With Bitcoin And The Stock Market? Analyst Breaks It Down Hayes also mentioned that the liquidity in 2025 didn’t support crypto portfolios, which is why the Bitcoin price underperformed. He urged market participants not to draw wrong conclusions from the 2025 underperformance, as it was always a liquidity story rather than a cyclical bear market, as some analysts suggested. More liquidity could also flow into the market as Trump nominates a rate-cut advocate to replace Fed Chair Jerome Powell. This could lead to larger rate cuts, which would be bullish for the Bitcoin price and the broader crypto market. At the time of writing, the Bitcoin price is trading at around $95,300, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Three House Democrats are urging the SEC to explain its crypto enforcement retreat and the pause in the Justin Sun case.
Government-ethics questions still hang over the U.S. Senate's plans to vote on the crypto market structure bill, and Warren is raising a related argument.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cardano founder says Trump’s actions have politicized crypto and alienated half the country.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.