After months of negotiation, Senate Banking Committee Chair Tim Scott released the text of the nearly 280‑page Digital Asset Market Clarity Act of 2025, a bipartisan proposal to bring clarity to U.S. crypto regulation. The bill draws a clearer line between SEC oversight for early‑stage tokens and CFTC control for ‘digital commodities’, aiming to resolve …
The US Senate Cynthia Lummis has unveiled a draft bill aimed at setting clear rules for the crypto market. The proposal is an amendment to H.R. 3633 and is titled the Digital Asset Market Clarity Act. The bill is expected to be marked up on January 15, 2026. If passed, the legislation could reduce regulatory …
Bitcoin and ether traders are betting on low volatility and reduced near-term risks despite resilient dollar index and tepid demand for spot ETFs.
On-chain data shows the Bitcoin long-term holder outflows have been declining recently, a potential sign that selling pressure may be fading. Bitcoin Long-Term Holder Netflow Is Getting Less Negative In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the netflow associated with the Bitcoin long-term holders (LTHs). The LTHs refer to BTC investors who have been holding onto their coins for a period longer than 155 days. Related Reading: Solana Price Jumps, But Network Adoption Remains Weak Statistically, the longer an investor holds onto their coins, the less likely they become to sell them at any point. As such, the LTHs with their long holding time are considered to include the resolute hands of the market. Though, while these HODLers tend to be patient, they have shown several phases of distribution during the last couple of years. Below is the chart shared by Glassnode that shows the trend in the monthly netflow of the Bitcoin LTHs. As is visible in the graph, the Bitcoin LTHs observed streaks of net outflows during both the bull rallies of 2024, suggesting that the diamond hands of the market participated in profit-taking. A short phase of distribution also appeared in mid-2025, indicating that the LTHs were doing yet another wave of profit realization. This selling was followed by a brief period of net inflows for the cohort, which was then followed by another wave of distribution in late 2025. This last phase of distribution is still ongoing, as the monthly netflow associated with the LTHs remains negative. The latest selloff has been a bit different from the last three, however, as it has occurred alongside bearish momentum in the cryptocurrency, not a price jump. While the distribution has continued, its intensity has been dropping lately as the netflow of the Bitcoin LTHs has been becoming less negative. As the analytics firm explains: Net outflows have rolled over from extreme levels, indicating that the market is progressively absorbing long-held supply and that a large portion of overhead supply may now be largely worked through. The decline in net outflows has come alongside a drop in the Realized Profit of the group, as Glassnode has pointed out in another X post. The Realized Profit here is an indicator that measures the total amount of profit that LTHs are realizing through their transactions. From the chart, it’s apparent that the profit-taking from the cohort was elevated earlier, but recently, the Realized Profit has dropped to a low level. Related Reading: Bitcoin Risks Drop To $69,000 If Pennant Support Breaks, Analyst Warns The analytics firm noted: Such conditions are often associated with heightened uncertainty and tend to emerge during mid-bull market pauses or the early stages of deeper bear markets. BTC Price At the time of writing, Bitcoin is floating around $91,800, down almost 3% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Nigeria is taking a firm step to bring cryptocurrency activity under its tax system through the Nigeria Tax Administration Act (NTAA) 2025. The new law allows tax authorities to track crypto transactions by linking them to real-world identities using Tax Identification Numbers (TINs) and National Identification Numbers (NINs). This is a major shift for Nigeria, …
Traders are focused on short-term levels, with resistance near $2.10 and support around $2.04.
Iran’s national currency, the rial, has fallen to levels many citizens describe as practically worthless. The collapse is not the result of a single event. Economists say it reflects years of high inflation, weak growth, sanctions, and limited access to foreign currency. What is failing now is something more fundamental: trust in money itself. As …
Monero (XMR), the flagship privacy coin has surged to a fresh all-time high, gaining strong bullish momentum as investors rotate capital into privacy-focused assets. As uncertainty deepens around rival privacy-focused projects-particularly following key developers exit in Zcash, market attention has swiftly rotated toward Monero. Following the capital rotation into XMR, Monero price posted fresh highs …
Analysts suggest macroeconomic conditions and stabilizing prices could support crypto markets in the medium term, with bitcoin potentially reaching $120,000 if sentiment improves.
VanEck predicts investors will be more confident in Q1, citing improved fiscal visibility and monetary clarity, though the jury is still out on how Bitcoin fits into this picture.
January 13, 2026 06:10:29 UTC Trump Impose 25% Tariff on Countries Trading With Iran President Donald Trump has announced a sweeping 25% tariff on any country that continues doing business with Iran, escalating efforts to economically isolate Tehran. The policy forces nations to choose between access to the U.S. market and trade ties with the …
Monero (XMR) is leading the crypto market bounce by breaking out of a macro resistance level and breaching above the $600 barrier for the first time. A legendary trader has suggested that the cryptocurrency is mirroring silver’s historical breakout and could see a massive price discovery rally. Related Reading: Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight Monero Soars To New Highs On Monday, Monero outperformed the rest of the market, surging nearly 21% toward its new all-time high of $611.01. The privacy-focused cryptocurrency has been leading the start-of-year market rally, experiencing a 43% increase over the past seven days. XMR’s rally has been fueled by renewed interest in privacy tokens and redirected liquidity toward the project, which has driven its market capitalization to $10 billion for the first time. Amid this performance, veteran trader Peter Brandt drew a parallel between Monero and Silver’s long-term charts, suggesting that the cryptocurrency could be near a massive breakout. In an X post, Brandt compared Monero’s current rally to silver’s historical breakout, which led to a massive run toward new highs. Silver saw a multi-decade price setup in which its price accumulated below and retested a macro ascending resistance trendline. According to the chart, its price formed its long-term resistance during its 2011 peak, when it reached a slightly higher ATH of $49.83 before correcting. During its Q4 2025 rally, silver finally broke above this key level, nearly doubling its price toward its latest ATH of $86.23. Similarly, Monero has been forming its multi-year ascending trendline in the monthly timeframe since its 2017 high. In 2021, the cryptocurrency retested this area, also hitting a slightly higher ATH before retracing. Now, XMR has broken out of its ascending resistance and could see a similar path to silver’s recent breakout into price discovery, the post suggested. XMR to See 50% Breakout Or Breakdown Next? Market observer TraderSZ recently shared an optimistic outlook for Monero once it broke through its crucial resistance area and turned this level into support. To the trader, the cryptocurrency could reach three main price targets if momentum continues. Per the post, the initial breakout level could reach the $685 area, a more than 30% rally from the resistance level. Moreover, it could surge between 50% and 80% toward the $790 and $900 levels, like silver’s recent price discovery progression in the monthly chart. Analyst 0xMarioNawfal also highlighted XMR’s performance as “price continues to trend aggressively higher, breaking through previous resistance levels with strong momentum and minimal pullback.” To him, the structure remains bullish, with buyers stepping in and “no clear signs of distribution yet.” As a result, he forecasted potential volatility but added that as long as the price holds above recent breakout levels, the trend will remain intact. Related Reading: Solana Price Jumps, But Network Adoption Remains Weak Nonetheless, Ali Martinez posted a more concerning forecast for the cryptocurrency, suggesting that a significant correction may be around the corner. According to the chart, Monero has been forming a multi-year rising wedge pattern since 2017, with the price bouncing between the upper and lower boundaries. Based on this, XMR could likely fail to turn the macro resistance into support and begin a long-term 50% decline toward the $300 area, where the pattern’s lower boundary is currently located. As of this writing, Monero is trading at $597, a 47.5% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
US President Donald Trump opened the door for cryptocurrencies to be included in 401(k) retirement plans in August last year with an executive order.
Nigeria has implemented sweeping tax reforms that require crypto activity to be linked to Tax Identification Numbers (TINs) and National Identity Numbers (NINs), allowing authorities to trace digital asset transactions for taxation and enforcement purposes without compromising blockchain security. Under the Nigeria Tax Administration Act 2025, virtual asset service providers are required to collect detailed customer …
Kalshi is free to continue operating in Tennessee for now, as a federal judge blocked state regulators from taking action after the prediction market sued.
Securities and Exchange Commission chair Paul Atkins voiced strong support for the bipartisan legislation aimed at moving crypto markets out of a regulatory gray zone.
After a brief rebound, crypto bulls have hit the brakes. Most top tokens are trading flat, with Bitcoin price holding its recent gains and Ethereum price staying firm above $3,100, signaling steady demand. Now, the market is heading into a three-day catalyst cluster that could trigger sharp, headline-driven swings. Key U.S. events line up back-to-back …
On-chain data revealed that a wallet linked to the token's deployer removed $2.5 million in liquidity, prompting accusations of a possible rug pull.
A Columbia Business School professor debunked five banking industry misunderstandings about stablecoin yields as the market structure bill heads for markups this month.
Dogecoin started a fresh decline below the $0.1450 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.140. DOGE price started a fresh decline below the $0.1420 level. The price is trading below the $0.140 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.1395 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1400 and $0.1420. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1500, like Bitcoin and Ethereum. DOGE declined below the $0.1450 and $0.1420 support levels. The price even traded below $0.140. A low was formed near $0.1348, and the price is now showing bearish signs. It is consolidating below the 23.6% Fib retracement level of the downward move from the $0.1539 swing high to the $0.1348 low. Dogecoin price is now trading below the $0.140 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1390 level. The first major resistance for the bulls could be near the $0.140 level. There is also a key declining channel forming with resistance at $0.1395 on the hourly chart of the DOGE/USD pair. The next major resistance is near the $0.1420 level. A close above the $0.1420 resistance might send the price toward the $0.1445 resistance or the 50% Fib retracement level of the downward move from the $0.1539 swing high to the $0.1348 low. Any more gains might send the price toward the $0.150 level. The next major stop for the bulls might be $0.1540. More Losses In DOGE? If DOGE’s price fails to climb above the $0.1400 level, it could continue to move down. Initial support on the downside is near the $0.1350 level. The next major support is near the $0.1320 level. The main support sits at $0.1280. If there is a downside break below the $0.1280 support, the price could decline further. In the stated case, the price might slide toward the $0.120 level or even $0.1180 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1350 and $0.1320. Major Resistance Levels – $0.1400 and $0.1420.
The NYC Token, which had a pretty rocky start, has been created to fight antisemitism, according to former New York City Mayor Eric Adams.
As the January 15 markup of the crypto market structure bill—known as the CLARITY Act—draws closer, reports indicate that Coinbase (COIN) is reconsidering its support for the legislation. A Monday report from Bloomberg suggests this shift in position is contingent on whether the anticipated bill includes provisions beyond enhanced disclosure requirements tied to stablecoin rewards. High Stakes For Coinbase The CLARITY Act is expected to be marked up in at least one Senate committee this Thursday, and Coinbase’s potential withdrawal could have significant implications for the bill. A source familiar with Coinbase’s stance told Bloomberg that the exchange would re-evaluate its support if the legislation veers too far from its interests, particularly regarding stablecoin incentives. Some insiders suggest the bill might restrict the ability to provide rewards to regulated financial institutions, a move that aligns with the banking sector’s concerns about losing deposits to crypto platforms. Related Reading: Dogecoin Breaks Its ‘Lower-Band Prison’ As Daily Trend Flips Coinbase currently holds applications for a national trust charter that could permit it to offer those kinds of rewards under regulatory rules. However, many crypto-native firms are pushing back against potential restrictions, arguing that such measures could disrupt competition in the market. The stakes for Coinbase are high, as rewards programs play a crucial role in its business model. The exchange allows users to earn 3.5% rewards on Circle’s USDC holdings. Should the market-structure bill include bans on these incentives, fewer users might choose to hold stablecoins on the platform. This could jeopardize an anticipated revenue stream projected at $1.3 billion in 2025, according to Bloomberg. Banking Vs. Crypto The GENIUS Act, passed into law in July of last year, prohibits stablecoin issuers from offering interest on token holdings, and does not prevent third-party partners like Coinbase from providing rewards tied to customer balances. The banking industry, however, argues that allowing exchanges to pay such rewards could negatively impact bank deposits and, consequently, community lending. As reported by Bitcoinist over the past month, the American Bankers Association (ABA) has voiced concerns that this situation could displace “billions” from local lending, allegedly harming small businesses and households. In contrast, Faryar Shirzad, Coinbase’s chief policy officer, has argued that maintaining rewards tied to stablecoins is crucial for preserving the dollar’s dominance, especially in light of China’s announcement to start offering interest on its digital yuan. Banking Lobby Fights Back A potential compromise being discussed would permit only licensed banking entities or financial institutions to provide rewards on stablecoin balances. Related Reading: Why The $2.9 Billion Bitcoin Whale Buy Could Spell Doom For The Market Recently, five crypto firms, including Ripple, Circle, and Paxos, received conditional approvals from the US Office of the Comptroller of the Currency (OCC) to become national trust banks, a move met with opposition from the banking lobby. If restrictions are indeed imposed, the report suggests that this could lead to creative workarounds as crypto firms seek alternative ways to reward customers. Featured image from DALL-E, chart from TradingView.com
The rapid devaluation of NYC Token highlights the volatility and potential risks in crypto markets, raising concerns about investor protection and transparency.
The post Ex-NYC Mayor Eric Adams’ NYC Token tanks over 80% as team allegedly manipulates trading activity appeared first on Crypto Briefing.
On-chain data shows unexplained liquidity withdrawals as Eric Adam’s NYC token’s market cap continues to bleed.
XRP price extended losses and traded below $2.080. The price is now attempting to start a fresh increase and faces hurdles near the $2.120 level. XRP price started a fresh decline below the $2.10 zone. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $2.10. XRP Price Turns Red XRP price failed to stay above $2.150 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.120 and $2.10 to enter a short-term bearish zone. The price even spiked below $2.050. A low was formed at $2.034, and the price is now consolidating losses. There was an attempt to clear $2.10, but the bears remained active. There is also a key bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP/USD pair. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.080 level and the trend line. The first major resistance is near the $2.120 level. It is close to the 23.6% Fib retracement level of the downward move from the $2.415 swing high to the $2.034 low. A close above $2.120 could send the price to $2.20. The next hurdle sits at $2.220 or the 50% Fib retracement level of the downward move from the $2.415 swing high to the $2.034 low. A clear move above the $2.220 resistance might send the price toward the $2.280 resistance. Any more gains might send the price toward the $2.320 resistance. The next major hurdle for the bulls might be near $2.350. More Losses? If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.020 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward $1.950. The next major support sits near the $1.920 zone, below which the price could continue lower toward $1.880. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.020 and $2.00. Major Resistance Levels – $2.10 and $2.120.
XRP may be setting up for a final, cleaner long entry if the broader market delivers one more volatility-driven pullback, according to CryptoinsightUK’s Will Taylor, who says his preferred “risk to reward” zone sits materially below current support. The thesis hinges on whether Bitcoin prints a double-bottom-style retest and drags major alts into deeper liquidity pockets before the next leg higher. In his Jan. 10 newsletter, Taylor framed early 2026 as a market caught between two plausible paths: a familiar pullback-and-recover structure that has defined prior Bitcoin dips, or a continuation higher that leaves would-be buyers watching price run away. “The question mark for me is whether we do get a wick below this ascending trend line into that double bottom area and then push higher,” he wrote, adding that the setup is crowded. “On the other side of this, it does make you think that everyone is probably looking at the same structure and waiting for something like this to play out.” Taylor said he had closed short-term trades during the week, not as a shift in his higher-timeframe view, but as a response to what he described as low-timeframe conditions and event risk. “Today we get the ruling on tariffs in the US. Is that going to provide some volatility?” he asked, pointing to a cluster of geopolitical headlines as potential catalysts that could either produce the pullback he’s watching for—or “deceive people… who are waiting for a pullback, and instead continue higher from here and leave those orders behind.” Related Reading: Spot XRP ETFs Hit Record Trading Volume In Past Week — Details Taylor’s shorter-term trade framework leans heavily on liquidity positioning, using Ethereum as a key tell for what Bitcoin might do next. He argued ETH “kind of favours the double bottom scenario” because “the amount of liquidity that has built up for ETH down to about $2,600” is heavier below than above on the hourly chart, an imbalance he views as a magnet if the market attempts to rally without first clearing that downside interest. One Last Buying Opportunity For XRP? That same logic carries into his XRP plan. Taylor said XRP has already “swept the highs of the range first,” forcing a decision point between holding a nearer support band—his “first blue box”—or fading into a deeper demand zone. “Now the discussion becomes whether we move into the first blue box as a weaker area of support and hold there… or whether we come back down into the deeper support zone around $1.90 to $1.82 and hold there,” he wrote. “That deeper area is my preferred risk to reward zone for placing long positions, and that is where I will be looking to get back into an XRP long and add to my position if we see that move specifically.” He added that the daily RSI on XRP was “close to crossing bearish,” presenting a technical backdrop that, in his view, supports the case for one more washout before trend continuation while stressing it does not alter his higher-timeframe bullish thesis. Related Reading: Ripple Builds ‘Next Amazon’ With XRP At The Center, Says Crypto CEO Taylor then pivoted to a more stimulative medium-term narrative, citing talk of “putting 200 billion into additional mortgage backed security purchases to cut mortgage rates,” along with suggestions of potential stimulus checks and the inflation sensitivity of oil prices. “Because of all of this, I think we’re going to see an epic rally. I don’t think people are really expecting the size or the scale of the move that could come,” Taylor wrote. “I believe we’re in the final shakeout period before the market really starts to march higher.” He said he remained “around 95% exposed to the market through spot positions,” framing the decision to close short-term trades as “a capital protection mechanism.” His minimum XRP price target is $3.40 and extends to $4.40 based on liquidity in the medium term. Long-term, he says that the argument for the $8-$12 range is still valid, as reported last week. Separate commentary in the newsletter from analyst @thecryptomann1 highlighted what “confirmation” would look like on Bitcoin: a reclaim of roughly $105,000, a push through, and a successful retest. He cited “a huge amount of volume around this region” and alignment with bull market support bands, arguing that regaining them would shift the read from “relief rally” to something more durable. He also pointed to USDT dominance sitting on a multi-year trend line but showing weakness, including being “trapped below the 20 EMA” with RSI “below 50” and rolling over conditions that, if they resolve lower, could align with a risk-on breakout in majors. At press time, XRP traded at $2.05. Featured image created with DALL.E, chart from TradingView.com
A partial draft of the Senate's legislation shows the bill remains blank on stablecoin rewards and has some protections for decentralized finance, but they're weaker than before.
The bill aims to define when and how crypto developers can face liability, as enforcement actions have intensified the debate.
DAXA published a statement criticizing the government's proposal to cap major shareholder stakes in crypto platforms at 15-20%.
A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.