The Bitcoin hash ribbons indicator has recently flipped back to a buy signal on the weekly timeframe, according to a Jan. 8 video analysis from crypto analyst Kevin (@Kev Capital TA). The setup matters, he argued, because the model has historically been associated with higher prices after corrective periods, even if its record is no longer spotless. In the video, Kev Capital walked viewers through the weekly Bitcoin chart with the hash ribbons overlay, describing it as one of the higher “hit rate” signals in crypto’s technical playbook. “There have been 19 buy signals on the weekly time frame throughout all of Bitcoin’s history and it has an 84% hit rate of playing out,” he said, adding that such consistency is rare for any single indicator. Hash ribbons attempt to infer miner stress and recovery by comparing short- and longer-term moving averages of network hash rate. Kev Capital framed it less as a simple “buy/sell” tool and more as a proxy for network health, where miner behavior can precede shifts in market structure. “It’s not just a buy and sell indicator. It’s tracking mining hash rate,” he said. “And what that basically means is it’s tracking the overall power and network health on the Bitcoin blockchain.” Related Reading: Bitcoin Fear & Greed Index Nears Neutral As Price Recovers The mechanics, as he explained them, hinge on the 30-day moving average of hash rate (his chart showed this as a green line) versus the 60-day moving average (a gray line). When the 30-day crosses below the 60-day, the model labels it capitulation, which he described as aligning with bearish price action and a weaker network backdrop. When the 30-day crosses back above the 60-day, the indicator prints a buy signal (shown as blue dots on his chart), which he interprets as miners “rebounding” after weaker operators have been forced out. “Anytime that 30-day crosses below the 60, it marks a capitulation phase, which shows that there’s been bearish price action in a weaker network,” Kev Capital said. “Now, when it crosses back above is when you get the blue dots, and that is a buy signal. That’s when the 30-day moving average of hash rate crosses back above the 60-day moving average of hash rate.” Bitcoin Hash Ribbons Buy Signal Returns The near-term catalyst for his update was a fresh signal sequence around the end of December. Kev Capital said the hash ribbons flashed capitulation in the second-to-last week of December, followed by a buy signal in the last week of December. He noted the indicator was again “flashing a capitulation signal” during the current week, not yet confirmed which could set up another buy signal if the moving averages continue to “mingle” and then resolve higher. Related Reading: Why Morgan Stanley’s Bitcoin ETF Is The ‘Most Bullish Thing Ever’: Jeff Park He also spent time qualifying the model’s reputation. While he cited an 84% historical hit rate for the weekly buy signals, he said that earlier in the current cycle the indicator printed two buy signals: in May and July that did not deliver the kind of follow-through that has defined prior successful instances. “We did go up from the original buy signal, but it really wasn’t a lot,” he said, contrasting that with prior hash ribbons episodes that “typically produce a 30 to 100% move.” In his telling, those underwhelming outcomes were enough to break what he described as a prior “100% hit rate” framing. https://t.co/vfZFXTAN77 #BTC Weekly Hash Ribbons buy signal and what it means. #Crypto #Altcoins — Kevin (@Kev_Capital_TA) January 8, 2026 Still, Kev Capital argues the context is now different because the latest signal comes after a drawdown. He referenced a 36% decline in Bitcoin during the recent corrective period and suggested the early signs of miner recovery, reflected in the moving averages stabilizing and attempting to turn up, are the conditions where the indicator has historically performed best. However, he cautioned that timing is variable, saying the setup can take “two to four to six weeks” to play out, or move sooner. At press time, Bitcoin traded at $91,009. Featured image created with DALL.E, chart from TradingView.com
South Korea’s Supreme Court has delivered a decisive ruling that removes lingering legal uncertainty around cryptocurrencies held on centralized exchanges. In a landmark judgment, the court confirmed that Bitcoin stored in exchange accounts can be lawfully seized under the Criminal Procedure Act, firmly placing digital assets within the scope of criminal enforcement. This decision strengthens …
The next 24 hours will be going to very important for the crypto market. As all eyes are on two big US events today: the Supreme Court’s ruling on Trump’s tariffs and the latest unemployment data. The total crypto market cap, which is already struggling near $3.11 trillion, is on the verge of facing massive …
Bitcoin ETFs have registered a net outflow of over $1 billion in three days.
Grayscale Investments has filed for new trusts in Delaware to pave the way for BNB and HYPE exchange-traded funds, registering entities 10465871 and 10465863 with CSC Delaware Trust Company. This move follows the massive inflows seen in spot Bitcoin and Ethereum ETFs. BNB supports Binance’s ecosystem, while HYPE powers Hyperliquid’s high-speed futures trading, which captured …
Protests began in Iran in response to worsening economic conditions and as the Iranian rial hit record lows against the US dollar.
President Donald Trump told The New York Times he will not pardon jailed FTX founder Sam Bankman-Fried, who is serving a 25-year sentence for fraud and conspiracy, and is appealing his conviction. SBF had once donated millions to political campaigns, including $5.2 million to the Biden campaign, but Trump made clear a pardon isn’t coming. …
BitMEX says the era of easy money via arbitrage trades likely died in the October crash, as a liquidation spiral left many market makers naked.
This new requirement aims at preventing tax evasion and enhancing transparency in the local digital asset sector.
Reports of non-consensual AI-generated sexual images doubled since late 2025, with some involving children, the Commissioner said.
Truebit Protocol, a blockchain project focused on verified computing, has suffered a major security breach that led to losses of around $26.5 million. The exploit caused the TRU token to crash to near zero, shaking investor confidence. Here’s how the attack happened and what steps Truebit has taken since then. Truebit Protocol Suffered a $26.5 …
The Zcash protocol remains unaffected despite the governance clash and restructuring with Bootstrap.
France is becoming a European hotspot for crypto wrench attacks, with over 14 crypto-related attacks documented last year.
Increased adoption of stablecoins by institutions and countries with economic instability could drive stablecoin payment flows to $56 trillion by 2030.
The attack exploited a flaw in an older smart contract, allowing the attacker to buy TRU at no cost and sell it back to extract ether.
Solana started a fresh increase above the $136 zone. SOL price is now consolidating above $138 and might aim for more gains above the $142 zone. SOL price started a fresh upward move above the $136 and $138 levels against the US Dollar. The price is now trading above $138 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $142 resistance zone. Solana Price Regains Traction Solana price corrected gains from the $144 zone but remained stable above the $130 zone, beating Bitcoin and Ethereum. SOL formed a low near $132 and started a fresh upward move. The price climbed above the $135 level to enter a short-term positive zone. It surpassed the 50% Fib retracement level of the downward move from the $143 swing high to the $132 low. Besides, there was a break above a bearish trend line with resistance at $137 on the hourly chart of the SOL/USD pair. Solana is now trading above $138 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $140 and the 76.4% Fib retracement level of the downward move from the $143 swing high to the $132 low. The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level. Another Decline In SOL? If SOL fails to rise above the $140 resistance, it could start another decline. Initial support on the downside is near the $138 zone. The first major support is near the $135 level. A break below the $135 level might send the price toward the $132 support zone. If there is a close below the $132 support, the price could decline toward the $124 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $138 and $135. Major Resistance Levels – $140 and $142.
Dogecoin (DOGE) is attempting to hold a crucial area as support after recording a 3.2% drop in the daily timeframe. Despite this, an analyst suggests that the leading memecoin is preparing to reclaim a key resistance level lost during the Q4 2025 pullbacks. Related Reading: XRP Named The ‘New Cryptocurrency Darling’ After Strong Start Of The Year Dogecoin Q1 Momentum Builds Dogecoin has seen a remarkable start to the year, recording a 21% jump from its yearly opening price of $0.117. Amid the recent market recovery, the cryptocurrency reclaimed a crucial price area and hit an eight-week high of $0.156 this Tuesday. Notably, the largest memecoin by market capitalization had retraced more than 50% from its Q2 2025 highs and was in a downtrend until last week’s price breakout. Amid this performance, market observer Trader Tardigrade highlighted a pair of Tweezer candlesticks on the monthly chart, which could suggest a bullish reversal is taking place. DOGE “has nearly recovered last month’s losses in just 8 days,” he explained, which signals that “clearly, bullish momentum is building up.” Notably, the analyst recently noted that DOGE has broken out of a bullish pattern, “showing strong upward momentum.” According to the chart, the cryptocurrency displayed a three-month falling wedge in the three-day chart. Following the recent price surge, Dogecoin was able to breach the pattern’s upper boundary, signaling an initial jump to the $0.140-$0.150 area. The trader highlighted that the memecoin displayed a similar performance during his 2024 rally, moving within a multi-month falling wedge before breaking out and kicking off a remarkable performance. If DOGE repeats its previous performance, the price could retrace briefly to retest the breakout area as support before the next major surge, the market watcher added. He also pointed out that after breaking out of the daily trendline, the cryptocurrency appears to be forming a bullish pennant in the one-day chart. A breakout from this pattern would lead to a 40% move toward the $0.20 area, lost during the early Q4 pullbacks. However, DOGE’s price needs to close the day above the $0.142 area to hold the formation. DOGE’s Rally In Danger? Despite the bullish outlooks, analyst Ali Martinez affirmed that Dogecoin is “hanging by a thread.” In a Thursday post, the market watcher emphasized that the cryptocurrency is trading within a crucial support zone between the local lows of $0.118 and the recent highs. If the memecoin’s momentum doesn’t hold and the price loses this key zone, it could risk a more than 40% retrace. According to the UTXO Realized Price Distribution (URPD) metric cited by Martinez, the next major support is around $0.073, where over 28 billion DOGE tokens were previously exchanged. Related Reading: Bitcoin At A Crossroads: $93,500 Reclaim Holds The Key For Next Move The analyst has recently pointed out that cryptocurrency’s price is seemingly on track to retest the $0.08 level after breaking out of a multi-year ascending channel. The chart shows that Dogecoin traded within an ascending channel on the three-day chart since 2023. However, the late 2025 corrections saw the memecoin lose the lower boundary of the ascending channel, potentially painting a concerning picture for its price if long-term bearish momentum continues. As of this writing, Dogecoin is trading at $0.142, a 14.55 increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Traders absorbed a two-step liquidation reset that left price trapped between $2.07 support and $2.17 resistance.
The latest deployment builds on its previously disclosed plan to stake $200 million in ETH across Linea and affiliated restaking partners.
Colombia's crypto data disclosure mandate enhances fiscal transparency, potentially influencing global tax policies and crypto market dynamics.
The post Colombia mandates disclosure of Bitcoin and crypto transaction data appeared first on Crypto Briefing.
XRP price extended losses and traded below $2.120. The price is now attempting to start a fresh increase and faces hurdles near the $2.20 level. XRP price started a fresh decline below the $2.20 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $2.20. XRP Price Attempts Recovery XRP price failed to stay above $2.25 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.20 and $2.150 to enter a short-term bearish zone. The price even spiked below $2.10. A low was formed at $2.063, and the price is now attempting to recover. There was a move above $2.120. Besides, there was a break above a connecting bearish trend line with resistance at $2.10 on the hourly chart of the XRP/USD pair. It tested the 23.6% Fib retracement level of the downward move from the $2.416 swing high to the $2.063 low. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.1680 level. The first major resistance is near the $2.20 level. A close above $2.20 could send the price to $2.240 or the 50% Fib retracement level of the downward move from the $2.416 swing high to the $2.063 low. The next hurdle sits at $2.280. A clear move above the $2.280 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.40. Another Decline? If XRP fails to clear the $2.20 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.080 level. The next major support is near the $2.050 level. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward $2.00. The next major support sits near the $1.9650 zone, below which the price could continue lower toward $1.880. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.080 and $2.050. Major Resistance Levels – $2.1680 and $2.240.
Bitcoin mining is accelerating renewable energy deployment, replacing fossil-fuel heating, expanding energy access and cutting methane emissions at scale.
Data shows the crypto derivatives market has faced a fresh wave of liquidations as Bitcoin and other assets have gone through a retrace. Crypto Market Has Seen Liquidations Of More Than $462 Million According to data from CoinGlass, a notable amount of liquidations have occurred in the crypto derivatives market over the past day. “Liquidation” refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain percentage specified by the platform. Related Reading: CryptoQuant CEO Expects Boring Bitcoin Action, Not Major Crash A mass amount of simultaneous liquidations can occur when the asset’s price observes a sharp price swing, not allowing investors the time to close their positions. The risk of this happening can increase depending on how much leverage traders are opting for. The trigger for the derivatives flush in the past day has been a downward move across tokens in the digital asset sector, which took Bitcoin to a low under $89,600. Below is a table that shows the numbers involved in this liquidation event. In total, the crypto market has witnessed over $462 million in liquidations during the last 24 hours, with longs dominating most of the flush. More specifically, bullish bets made up for $418 million of the positions involved, representing more than 90% of the total. The large amount of liquidations could indicate that the recovery in Bitcoin above $94,000 lured traders into opening fresh longs, which then ended up getting caught out by the price plunge. In terms of the symbols, the largest contributor to the liquidation event has been BTC with $132 million in positions involved, while Ethereum hasn’t been too far behind with a flush of $116 million. Interestingly, while the top two have been predictable, the third place hasn’t been occupied by the usual suspects this time. As the above heatmap displays, contracts related to Zcash (ZEC) have been caught up in liquidations of $24 million. The asset managing higher liquidations than the likes of XRP and Solana could be down to the fact that it has seen a notably sharper drop over the last 24 hours. Related Reading: Bitcoin Bounce A Bull Trap? Analyst Sees 2022-Style Bear Flag The latest liquidation squeeze has come as the futures market has been witnessing a re-expansion of Open Interest, as highlighted by Glassnode in its latest weekly report. The bearish price action between October and November had caused a massive amount of liquidations and forced traders to pull back on risk, resulting in the Open Interest taking a significant hit. Recently, the metric has seen a turnaround, implying investors have gradually been building up positions again. BTC Price At the time of writing, Bitcoin is trading around $89,500, down 2% over the past day. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Tactical de-risking and declining investor sentiment are the reasons behind the recent spot U.S. ETF outflows, Decrypt was told.
AI integration in healthcare could revolutionize patient care efficiency and data management, while ensuring compliance with privacy standards.
The post OpenAI introduces ChatGPT for Healthcare to support clinical and administrative operations appeared first on Crypto Briefing.
Employees who left the Electric Coin Company en masse on Wednesday are launching a new Zcash wallet, citing the need to return to cypherpunk principles and to scale faster.
Ethereum price failed to clear the $3,220 resistance and dipped. ETH is now attempting to recover and faces an uphill task near the $3,150 level. Ethereum started a downside correction below $3,220 and $3,200. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,050 zone. Ethereum Price Attempts Fresh Increase Ethereum price failed to remain stable above $3,220 and dipped further, like Bitcoin. ETH price declined below $3,200 and $3,120 to enter a short-term bearish zone. The price even dipped below $3,120. A low was formed at $3,050, and the price is now consolidating losses. It tested the 23.6% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low. Besides, there was a break above a connecting bearish trend line with resistance at $3,100 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,180 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $3,050, the price could attempt another increase. Immediate resistance is seen near the $3,150 level. The first key resistance is near the $3,180 level and the 50% Fib retracement level of the recent decline from the $3,308 swing high to the $3,050 low. The next major resistance is near the $3,210 level. A clear move above the $3,210 resistance might send the price toward the $3,250 resistance. An upside break above the $3,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,300 resistance zone or even $3,320 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,180 resistance, it could start a fresh decline. Initial support on the downside is near the $3,080 level. The first major support sits near the $3,050 zone. A clear move below the $3,050 support might push the price toward the $3,020 support. Any more losses might send the price toward the $3,000 region. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,050 Major Resistance Level – $3,180
Ethereum-based Truebit suffered a $26.6 million exploit that reportedly targeted a vulnerability in a smart contract deployed five years ago.
The cryptocurrency market recently experienced a brief uptick, but it has once again encountered increased volatility, with Bitcoin (BTC) and other major crypto assets retracting some of the gains achieved earlier in the week. Amid this churning landscape, Matt Hougan, Chief Investment Officer at Bitwise, has outlined three essential “checkpoints for a rally,” which he believes must be met for a lasting cryptocurrency recovery this year. Key Hurdles For Crypto Rally In the report released on January 6, Hougan highlighted the first hurdle for a sustained rally: avoiding a repeat of the catastrophic events that transpired on October 10, 2025. On that day, the market witnessed the largest liquidation event in its history, erasing approximately $19 billion in futures positions in just 24 hours. Related Reading: Did Morgan Stanley Orchestrate Bitcoin October Crash? Analysts Draw Correlations The aftermath of this event raised concerns among investors about the potential long-term health of significant market players such as hedge funds and major market makers. Many feared that these entities might need to liquidate assets to stabilize their operations, a scenario that could weigh heavily on the market. However, Hougan expressed a degree of optimism, suggesting that if any major firm were poised for a downturn, it likely would have occurred by now. He argues that investors have begun to move past the traumatic experience of October 10, contributing to the recent rally at the start of the new year. The second checkpoint outlined by Hougan is the passage of the crypto market structure bill, known as the CLARITY Act, which is currently making its way through Congress with the anticipated markup scheduled for January 15. This process involves aligning various drafts from the Senate banking and agriculture committees to reach a final vote. However, NewsBTC reported on Wednesday that several hurdles remain, including differing perspectives on how to regulate decentralized finance (DeFi) and stablecoin rewards. Legislative Framework Essential Hougan emphasized that the approval of the CLARITY Act is crucial for the long-term viability of cryptocurrencies in the United States. Without a legislative framework, Hougan stressed that the current pro-crypto stance at regulatory agencies could shift dramatically under future administrations. Bitwise’s CIO emphasized that passing the crypto market structure bill would solidify key regulatory principles into law, providing a sound foundation for ongoing growth in the crypto sector. Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The final hurdle for a sustained crypto rally is maintaining stability in the broader equity market. While cryptocurrencies do not operate in lockstep with stocks, a significant downturn—such as a 20% drop in the S&P 500—could dampen enthusiasm for all risk assets, including digital currencies. Hougan also notes growing concerns about a potential artificial intelligence (AI) bubble. However, current prediction markets suggest a low probability of a recession in 2026 and an approximately 80% chance of gains for the S&P 500. Featured image from DALL-E, chart from TradingView.com
A new plan would tie OP token value to network performance by using half of all Superchain fee revenue for systematic repurchases.