NYSE unveiled a plan on Monday to enable blockchain-based 24/7 trading and instant settlement of stocks and ETFs, in addition to custody features.
Solana failed to settle above $140 and nosedived. SOL price is now consolidating losses below $135 and might struggle to start a recovery wave. SOL price started a fresh decline below $136 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $128 or $125. Solana Price Dips Further Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $138 and $135 support levels. The price gained bearish momentum below $132. A low was formed at $124, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $124 low. Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $134 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $124 low. The next major resistance is near the $136 level. The main resistance could be $138. There is also a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair. A successful close above the $138 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level. Another Decline In SOL? If SOL fails to rise above the $133 resistance, it could continue to move down. Initial support on the downside is near the $129 zone. The first major support is near the $125 level. A break below the $125 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $129 and $125. Major Resistance Levels – $133 and $138.
Despite a mixed performance in the early weeks of 2026, Ripple CEO Brad Garlinghouse remains optimistic about the future of crypto markets, predicting new record highs for digital assets this year. Ripple CEO Optimistic About Long-Term XRP Potential Speaking at the World Economic Forum in Davos, Switzerland, Garlinghouse noted that recent regulatory developments, including the landmark GENIUS Act, have “unlocked a lot of activity” in the sector. Related Reading: Bitcoin Bear Market Depths: A Closer Look At How Low BTC Could Go When asked about crypto performance during an interview with CNBC, Garlinghouse confidently stated, “I’m very bullish, and yes, I’ll go on record as saying, I think we’ll see an all-time high.” He emphasized that major financial institutions are increasingly showing interest in cryptocurrencies, labeling this shift as a “massive sea change.” However, he believes that this development is not fully reflected in current market prices. Despite his optimistic outlook, XRP, Ripple’s associated cryptocurrency, was trading at $1.88 and had experienced a notable 13% decline over the past week. The current market performance has led analysts to speculate about the possibility of a new bear market on the horizon. Nonetheless, he expressed confidence in the long-term potential of the XRP ecosystem, stating, “We are a very vested party in what goes on in the XRP ecosystem. In another five or 10 years, you’re going to see continued, very positive momentum.” Garlinghouse Confident CLARITY Act Will Pass Garlinghouse also anticipated that 2026 would see significant use cases for digital assets, mentioning that cryptocurrency exchange Binance is likely to re-enter the US market. He asserted that the GENIUS Act would facilitate the growth of stablecoins, potentially making operations like payroll more efficient. He believes cryptocurrencies are well-positioned for growth over the next decade. Regarding the crypto market structure bill, or the CLARITY Act, a vital framework for regulating crypto, Garlinghouse voiced confidence that it will eventually succeed. “It’ll get done. We are as close as we have ever been,” he said. However, the proposed market structure bill has encountered significant challenges, particularly after key provisions came under scrutiny. Coinbase CEO Brian Armstrong withdrew support for the bill just 24 hours before an anticipated markup scheduled for January 15, leading to a postponement of the process. Related Reading: Where Does Hyperliquid (HYPE) Stand Now? A Deep Dive Into Key Metrics Post-2025 Garlinghouse was taken aback by Armstrong’s strong opposition to the CLARITY Act, noting that “the rest of the industry, including exchanges that compete with Coinbase, were still supporting it.” The executive claimed that he still remains hopeful that industry leaders can navigate the current legislative impasse. “If we want the industry to continue to grow, we need things like the GENIUS Act and the CLARITY Act,” he affirmed. Featured image from OpenArt, chart from TradingView.com
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.
The project said the attacker subsequently bridged the stolen funds out of SagaEVM and converted them to ether.
Bitwise’s Matt Hougan argued crypto markets performed poorly in Q4 despite strong fundamentals, similar to early 2023 when crypto rebounded from 2022 lows.
XRP price started a recovery wave above $1.950 but failed near $2.00. The price is now showing a few bearish signs and might decline below $1.920. XRP price started a recovery wave above the $1.950 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $1.920. XRP Price Faces Key Hurdle XRP price remained supported above $1.8650 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.90 and $1.920 to enter a short-term positive zone. There was also a move above the 50% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low. The price even spiked above $1.980 before the bears appeared. The bulls failed to clear the $2.00 resistance. There is also a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.990 level or the 76.4% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low. The first major resistance is near the $2.00 level. A close above $2.00 could send the price to $2.0650. The next hurdle sits at $2.10. A clear move above the $2.10 resistance might send the price toward the $2.150 resistance. Any more gains might send the price toward the $2.20 resistance. The next major hurdle for the bulls might be near $2.250. Another Drop? If XRP fails to clear the $2.00 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.920 level. The next major support is near the $1.90 level. If there is a downside break and a close below the $1.90 level, the price might continue to decline toward $1.8650. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.750. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.920 and $1.90. Major Resistance Levels – $2.00 and $2.065.
On-chain analytics firm Glassnode has pointed out how large entities drove Bitcoin accumulation during the November-December bottoming phase. Large Entities Accumulated BTC, While Smaller Investors Sold In a new post on X, Glassnode has talked about the recent Bitcoin investor behavior. “During the November–December bottoming phase, supply accumulation was primarily driven by larger entities, while smaller cohorts were distributing,” noted Glassnode. To showcase the trend, the analytics firm has cited the Accumulation Trend Score, an on-chain indicator that tells us about whether BTC addresses are accumulating or distributing. The indicator uses two factors to calculate its value: the balance changes happening in the wallets of the investors and the size of the wallets themselves. This means that larger entities have a stronger influence on the metric. Related Reading: Chainlink Drops To $12.50, But Largest Whales Are Accumulating When the value of the Accumulation Trend Score is greater than 0.5, it means large entities (or alternatively, a large number of small entities) are accumulating. The closer is the indicator to 1.0, the stronger is this behavior. On the other hand, the metric being under the threshold implies that distribution is the dominant behavior among investors. The zero level acts as the extreme point for this side of the scale. The Accumulation Trend Score can also be separately calculated for specific Bitcoin segments to get a more granular view of behavior. Below is the chart shared by Glassnode, doing exactly this for the various BTC investor groups. As is visible in the graph, the Bitcoin Accumulation Trend Score was close to a value of 1.0 for 10,000+ BTC investors during the bottoming period that followed the price crash in November. The investors in this wallet range are often dubbed as “mega whales,” corresponding to the largest of entities on the network. The normal whales, holding coins in the 1,000 to 10,000 BTC range, started accumulating a bit later, as their Accumulation Trend Score turned blue in December. The whales have since maintained net buying, but the mega whales switched to a neutral behavior around mid-December. Interestingly, while the whales have been showing accumulation, the same hasn’t been true for the smaller investor groups. All cohorts carrying less than 1,000 BTC have displayed varying degrees of distribution during the last few weeks, with the 1 to 10 coins group in particular showing a near-perfect selling behavior. Related Reading: Bitcoin IFP Hints At Potential Turnaround: What It Means “This divergence appears to be driven in part by exchange-related wallet reshuffling, and also by large holders buying the dip,” explained the analytics firm. It now remains to be seen how long the distribution from smaller Bitcoin entities will continue. BTC Price Bitcoin has been falling since the week started as its price is now trading around $88,900. Featured image from Dall-E, chart from TradingView.com
As Senate Banking Committee shifts focus to housing concerns, the crypto bill may be delayed to late February or March, the report said.
With recent listings underperforming the CoinDesk 20, BitGo is positioning itself as a rare pure play on institutional crypto custody and long term adoption.
The Agriculture Committee is moving ahead on crypto legislation despite a lack of bipartisan agreement, even as the Banking Committee slows its own work.
BitGo priced its US IPO at $18 per share, above its previously marketed range of $15 to $17, with trading set to begin Jan. 22.
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.
Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120. Ethereum started another decline and traded below $2,920. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Attempts Recovery Ethereum price failed to remain stable above $3,050 and started a fresh decline, like Bitcoin. ETH price declined below $3,020 and $3,000 to enter a bearish zone. The bears even pushed the price below $2,920. The price finally tested $2,865 and is currently consolidating losses. There was a minor upside above the 23.6% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. Besides, there was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,050 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,900, the price could attempt another increase. Immediate resistance is seen near the $3,065 level. The first key resistance is near the $3,100 level. The next major resistance is near the $3,120 level and the 50% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. A clear move above the $3,120 resistance might send the price toward the $3,175 resistance. An upside break above the $3,175 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,220 resistance zone or even $3,300 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,065 resistance, it could start a fresh decline. Initial support on the downside is near the $2,980 level. The first major support sits near the $2,900 zone. A clear move below the $2,900 support might push the price toward the $2,840 support. Any more losses might send the price toward the $2,780 region. The main support could be $2,720. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,900 Major Resistance Level – $3,065
Ethereum has slipped below the $3,000 level again as selling pressure returns across the broader crypto market, keeping bulls on the defensive after a brief recovery attempt. The move back under this psychological zone suggests that traders remain cautious, with downside volatility re-emerging as risk appetite fades and liquidity thins near key support levels. Related Reading: Binance Order Flow Suggests Ethereum Is In Correction Mode: Demand Still Missing However, while price action looks heavy in the short term, on-chain data is flashing a different signal beneath the surface. According to Arab Chain, Ethereum reserves held across centralized exchanges have dropped to around 16.2 million ETH, marking their lowest level since 2016. That milestone matters because it highlights a steady, long-duration trend of withdrawals rather than a sudden one-off event. In practical terms, fewer coins sitting on exchanges typically means less immediate supply available for spot selling, especially during periods of market stress. This behavior can reflect a shift away from short-term trading and toward longer-term holding, self-custody, or deployment in DeFi. Ethereum remains vulnerable as price struggles below $3,000. Still, the persistent reserve decline suggests that supply conditions may be tightening in the background, setting the stage for a sharper reaction if demand returns. Binance Reserves Keep Falling The CryptoQuant analysis also points to a similar reserve drawdown on Binance, reinforcing the broader exchange supply contraction narrative. Since the beginning of 2026, Binance’s Ethereum reserves have dropped from roughly 4.168 million ETH to around 4.0 million ETH, signaling steady withdrawals even as the price remains under pressure. This matters because Binance is often the main liquidity hub for ETH spot and derivatives, so shifts in its reserve balance can reflect real changes in market positioning. What stands out is that this decline is happening without a meaningful rebound in inflows. In other words, ETH is not rotating back onto exchanges aggressively, suggesting sellers are not rushing to increase liquid supply at current levels. That dynamic typically aligns with a market where investors prefer holding behavior over active distribution. Either moving ETH to cold storage or deploying it across DeFi. While reserves falling does not guarantee an immediate rally, it can change the supply-demand equation over time. With fewer coins sitting on exchanges, the market becomes more reactive if demand returns suddenly, as there is less readily available ETH to absorb buy pressure. If Ethereum manages to reclaim key resistance levels, this supply tightening could amplify upside follow-through. Related Reading: XRP Leverage Builds Without Overheating: Open Interest Climbs And Volatility Spikes Ethereum Loses $3,000 as Bears Regain Control Ethereum is showing renewed weakness after failing to hold above the key $3,000 level, with price now hovering near $2,970 on the daily chart. After briefly stabilizing earlier this month, ETH attempted a rebound toward the $3,300–$3,400 supply zone. But momentum faded quickly as sellers stepped back in and pushed the market lower. From a technical perspective, Ethereum remains trapped below its major moving averages, reinforcing the bearish structure. The recent rejection near the descending trend of the 200-day average signals that upside attempts are still being capped by overhead resistance. Keeping bulls on the defensive. At the same time, the breakdown below $3,000 shifts market sentiment back into risk-off mode. Especially as crypto traders remain sensitive to broader macro uncertainty. Related Reading: Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets The current price action also reflects a fragile recovery attempt rather than a confirmed reversal. ETH’s latest drop places focus on the $2,850–$2,900 region as the next support area. An area where buyers previously stepped in during earlier selloffs. If this zone fails to hold, the market could revisit deeper levels from the previous correction phase. For bulls to regain control, Ethereum must reclaim $3,000 quickly and build stronger demand above that threshold.
X head of product Nikita Bier said the feature will launch in a few weeks, and already has over 1,000 pre-made “packs” of accounts to follow in each interest category — such as memecoin trading and crypto.
The S&P 500 climbed, crypto stocks were mixed and Bitcoin and Ether posted modest gains on Wednesday after Donald Trump called off his recent tariff threat.
Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000. Bitcoin started another drop below $90,000 and $89,000. The price is trading below $90,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,000 zone. Bitcoin Price Dips To New Weekly Lows Bitcoin price failed to stay above the $91,000 support and started a fresh decline. BTC declined sharply below the $90,000 and $89,500 support levels. The bears even pushed the price below $88,000. A low was formed at $87,200, and the price is now consolidating losses. There was a minor recovery wave above $89,200 and the 23.6% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low. Bitcoin is now trading below $90,500 and the 100 hourly Simple moving average. If the price remains stable above $88,000, it could attempt a fresh increase. Immediate resistance is near the $90,500 level. Besides, there are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $91,000 level. The next resistance could be $91,350 or the 50% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low. A close above the $91,350 resistance might send the price further higher. In the stated case, the price could rise and test the $93,000 resistance. Any more gains might send the price toward the $94,000 level. The next barrier for the bulls could be $95,000 and $95,500. Another Decline In BTC? If Bitcoin fails to rise above the $91,350 resistance zone, it could start another decline. Immediate support is near the $89,150 level. The first major support is near the $88,000 level. The next support is now near the $87,200 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,500, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $89,150, followed by $88,000. Major Resistance Levels – $91,350 and $92,000.
The Senate Banking Committee is backing Donald Trump’s move to bar institutions from buying family homes, which could delay the market structure bill, Bloomberg reports.
Bitcoin’s Tuesday slide to $87,895 has revived a familiar market habit: attaching a single, clean narrative to messy positioning, flows, and reflexive price action. This time, the culprit making the rounds is quantum computing, a potentially “existential threat” that’s supposedly explaining Bitcoin’s underperformance versus gold which has printed a new all-time high at $4,888. The quantum angle picked up steam after a post by Nic Carter, a partner at Castle Island Ventures. Carter wrote: “Bitcoin’s “mysterious” underperformance (due to quantum) is the only story that matters this year. The market is speaking the devs aren’t listening,” and shared a tweet about the news that Wall Street strategist Christopher Wood removed a 10% Bitcoin allocation from a model portfolio due to concerns that quantum computing could undermine Bitcoin’s long-term value proposition. Is Bitcoin Falling On Quantum Fears? Not everyone buying the premise is buying the price-action conclusion. Well-known Bitcoin advocate Vijay Boyapati, while acknowledging quantum computing as a real issue, pushed back on using it as the primary explanation for why Bitcoin is stalling and selling off. Related Reading: Bitcoin Whale Panic Fades: Sell Pressure On Binance Falls Off A Cliff “While I agree QC is a legitimate concern… I think the price stalling invites narratives to fill the explanatory void when, imo, the real explanation is really just the unlocking of an enormous supply once we hit a magic number for a lot of whales (100k),” Boyapati wrote. “Prices increasing are like waves hitting a glacier – eventually a chunk of supply breaks off and crashes onto the order books.” Boyapati’s broader point is that market structure can do plenty of damage on its own once a big level triggers distribution and confidence cracks. “Given the path dependent nature and feedback loops involved in a bull run sustained on narratives… the price stalling then causes people to doubt that Bitcoin will continue to go up and this then results in more selling until you get an equilibrium of supply and demand at some lower price point,” he added. “This is what happens during Bitcoin bear markets – and I think we’re in one.” James Check, a prominent Bitcoin on-chain analyst, co-founder of Check on Chain, and former Lead Analyst at Glassnode, largely sided with the view that quantum risk may be a background constraint on some capital, but not the dominant driver of the gold-versus-Bitcoin divergence. Related Reading: Tom Lee Still Sees Bitcoin At $250,000 But Warns 2026 Gets ‘Jagged’ “QC keeps some capital away, but this argument that gold is up and Bitcoin is down because of it just isn’t it,” he wrote. “Gold has a bid because sovereigns are buying it in place of treasuries. The trend has been in place since 2008, and accelerates after Feb-22.” He also highlighted the supply-side pressure Bitcoin has already absorbed. “Bitcoin saw sell-side from HODLers in 2025 which would have killed every prior bull thrice over, and then once more,” Checkmate said. The policy takeaway, in his view, is practical but limited: quantum preparedness matters, but attributing every downturn to it doesn’t help traders understand what’s actually clearing the market. In a short market update posted via Checkmate’s analytics brand Checkonchain, the immediate trigger for the move was described in leverage terms rather than existential risk. Bitcoin “sold back down into the high $80ks,” with “the bears taking a bunch of leveraged long traders out to the woodshed,” the note said, estimating that around $260 million in leveraged long exposure was wiped. Technically, the desk framed the structure as still resembling a bear flag, with a “clear supply air-pocket” between $70,000 and $81,000, language that points to thin bid support if sellers regain control. At press time, BTC traded at $88,890. Featured image created with DALL.E, chart from TradingView.com
Hashed said the Maroo blockchain combines the openness of public blockchains with compliance features essential for financial applications.
The U.S. Senate Agriculture Committee has released updated bill text ahead of a hearing next week — and some issues remain.
Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse.
Solana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh ecosystem catalyst as SOL trades near a critical technical support zone. Related Reading: What the Triple-Tap At $1.80 Means For The XRP Price The launch comes at a time when Solana’s price is hovering around $120–$130, an area analysts see as decisive for the token’s medium-term direction. SKR debuted at around $0.006 and climbed above $0.01 within hours of launch, pushing its market capitalization past $70 million. More than 100,000 users are eligible to claim the airdrop through the Seeker phone’s built-in wallet over a 90-day window. Any unclaimed tokens will be returned to the general distribution pool. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana SKR Airdrop Targets Users and Developers Solana Mobile allocated 30% of SKR’s fixed 10 billion token supply to airdrops and early unlocks. Nearly 2 billion SKR are being distributed to Seeker phone owners and developers who deployed “quality apps” in the Solana dApp Store during Season 1. The company said the token underpins governance, incentives, and economic activity within the Solana Mobile ecosystem. SKR can be staked directly from the Seed Vault wallet, with inflation events occurring every 48 hours. The annual inflation rate starts at 10% and declines by 25% each year until it stabilizes at 2%. The airdrop coincides with the start of Seeker’s Season 2 campaign, which introduces a refreshed app catalog, rewards programs, and a focus on sectors such as DeFi, gaming, payments, trading, and decentralized physical infrastructure (DePIN). Community reaction has been mixed. Some users reported receiving several thousand dollars’ worth of SKR, while others reported allocations closer to $50–$100. Some users expressed disappointment, citing delays in phone delivery and additional shipping costs. SOL Price Near Key Support While SKR draws attention to Solana’s mobile strategy, the SOL token itself is facing a technical test. After breaking below $136, SOL has slipped into the $120–$127 zone, where an ascending trendline from the 2023 lows meets historical horizontal support. This area has previously acted as both resistance and support, making it a closely watched “flip zone” for traders. A sustained hold above $120 could open the door to a recovery toward the $135–$150 range. A breakdown, however, may expose downside targets near $110 or even $100. Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt Short-term indicators show some stabilization. SOL recently bounced from around $124 to near $128, supported by renewed ETF inflows of roughly $3.08 million and spot market accumulation of about $9.31 million. These flows suggest buyers are stepping in at current levels. Cover image from ChatGPT, SOLUSD chart on Tradingview
The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.
The industry's great legislative hope is shifting to the U.S. Senate's Agriculture Committee, which released its own draft of the contentious oversight effort.
Circle said digital financial infrastructure, including stablecoins, can save 20% of the cost of delivering humanitarian aid.
Strive, Inc. raised about $160 million in a November offering of a new dividend-bearing Variable Rate Series A Perpetual Preferred Stock.
The pilot regime favors domestic banks and securities firms, with ownership rules and capital requirements likely limiting participation.