US Senate Agriculture Committee to Release Updated Market Structure Bill

The US Senate Agriculture Committee, one of two committees in the chamber considering legislation to establish digital asset market structure, is expected to release its text of the bill by the close of business on Wednesday. Chair John Boozman said last week that the committee would release its version of the Digital Asset Markets Clarity…

ETH Dip Buyers Absorb $130M Ether, But Risk Of $2.7K Drop Remains

Ether (ETH) price saw a daily candle close below $3,000 on Tuesday, but a positive is that data showed large holders were buying throughout the dip. While ETH whale accumulation signals growing confidence, conflicting indicators suggest rising market risk for the altcoin. Key takeaways: ETH whales and institutional investors bought over $130 million in Ether…

XRP Price Dropped 68% the Last Time This Happened

XRP’s (XRP) onchain market structure resembles a setup that led to significant losses in 2022 after the price lost a key support level. Key takeaways: XRP’s onchain structure mirrors the February 2022 setup that led to a 68% price drop.  XRP bulls must reclaim $2 to avoid a deeper correction toward $1.10. XRP spot ETFs…

Bitcoin, Altcoin Sell-off As Global Tensions Lead Traders To Cut Risk

Key points: Bitcoin is attempting to find support near the $88,000 level, signaling a positive sentiment. Buyers will have to defend the support levels in select major altcoins, or else the recovery could fizzle out. Bitcoin (BTC) is attempting to find support near $88,000, but a handful of US and global macroeconomic factors are creating…

Crypto’s Next Battle Is Privacy: Regulators Face Chicken-Egg Dilemma

Financial privacy is becoming the next structural battle in crypto, and neither governments nor the technology are fully prepared for mass digital surveillance or large-scale privacy. Institutional adoption of cryptocurrencies is accelerating, as more banks and payments companies test blockchain for settlements, but the technology itself exposes transaction data to the public. “What people are…

Crypto Market Crumbles As Greenland Row, Trump Tariffs Spook Investors

Key takeaway: Bitcoin (BTC) and Ether (ETH) retested their lowest levels in more than two weeks after crypto and stock markets digested US President Donald Trump’s fresh round of tariff threats. The potential tariffs are an attempt by the administration to convince Denmark to reconsider its control of Greenland. European nations have shown little willingness…

First FTX-Linked Exec to be Released from Prison Today

Caroline Ellison, the former CEO of Alameda Research, is scheduled for release from federal custody after serving 440 days of a two-year sentence. According to inmate records with the Federal Bureau of Prisons, Ellison is expected to be released from the Residential Reentry Management field office in New York City on Wednesday, more than a…

Fast-food chain Steak n Shake to pay hourly workers a bitcoin bonus

This follows news from a few days ago that the company added $10 million worth of bitcoin to its corporate treasury. Source link

Bitcoin Sharks Accumulate Despite ‘Perfect Bull Trap’ Warnings

Several chartists warn that Bitcoin could decline toward $30,000 in February as the price action mirrors previous four-year cycles. Bitcoin’s (BTC) 30% drawdown from all-time highs did little to deter large investors, who continued to increase their holdings throughout January. Key takeaways: Large holders are buying the dip, signaling long-term confidence. Chartists warn that a…

Solana Mobile SKR Jumps 38% On Airdrop Launch

Solana Mobile, a subsidiary of Solana Labs, the organization behind the Solana blockchain, has launched a token airdrop for holders of its Web3 smartphone, Solana Seeker. The Seeker (SKR) token, the utility and governance asset of the Solana Mobile ecosystem, went live on Wednesday, the company said in a post on X. Users of the…