Ethereum posts record onchain activity as research points to possible spam-driven growth: Asia Morning Briefing

Data suggests much of the recent spike in Ethereum transactions is tied to address poisoning, a scam that relies on cheap “dust” transfers to contaminate transaction histories rather than organic user demand. Source link

Bitcoin Traders Defend $92K, But For How Long?

Key takeaways: The BTC futures premium held near 5%, showing leverage demand was not impacted after the failed $98,000 breakout attempt. Bitcoin ETFs saw $395 million in outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk. Bitcoin (BTC) faced a 3.4% correction over the weekend as investors cut…

Injective Governance Vote Passes to Accelerate INJ Supply Cuts

Injective’s protocol community approved a major tokenomics overhaul on Monday, passing a governance proposal with 99.89% support based on staked voting power. Injective is a layer-1 blockchain focused on decentralized finance applications, with INJ (INJ) serving as its native token for staking, governance and transaction fees. The Supply Squeeze proposal (IIP-617) reduces its native token issuance and…

Bitcoin Traders Defend $92K, But For How Long?

Key takeaways: The BTC futures premium held near 5%, showing leverage demand was not impacted after the failed $98,000 breakout attempt. Bitcoin ETFs saw $395 million in outflows as gold hit new records, weakening hedge appeal and pushing traders to price downside risk. Bitcoin (BTC) faced a 3.4% correction over the weekend as investors cut…

Paradex Reports Service Outage, Cancels Open Orders

Update Jan 19, 1:44 pm UTC: This article has been updated to add information from Paradex’s Telegram channel. Crypto derivatives exchange Paradex reported a platform-wide service outage on Monday, leaving its trading interface and supporting infrastructure unavailable as the team investigates the issue.  According to its public status page, the disruption affected multiple business services,…

Ethereum Price Remains Bullish Above $3,000: Here’s Why

Ether’s (ETH) price had dropped 7% since being rejected from the $3,400 mark last week, falling to key support levels. Data suggested that increased staking demand, coupled with renewed ETF inflows and strong technical support, could lead to a sustained recovery.  Key takeaways: Ether queued for staking goes parabolic, with a 44-day wait time Institutional…

One Year After Gensler’s exit, SEC’s Crypto Playbook Looks Very Different

One year ago Tuesday, Gary Gensler resigned as chair of the US Securities and Exchange Commission (SEC) amid the inauguration of President Donald Trump.  Many in the crypto industry had heavily criticized the former SEC chair for his approach to digital asset regulation and enforcement. Gensler’s position on cryptocurrencies likely contributed to companies like Ripple…

Bitcoin $92K Drop Resets Leverage, Clears Unhealthy Investor Optimism

Bitcoin (BTC) saw a sharp pullback during the Asian market open, shaking out leveraged positions without breaking its market structure. While sentiment cooled rapidly, onchain and derivatives data suggest that the move resembles a structural reset rather than a deeper trend reversal. Key takeaways: $233 million in Bitcoin long liquidations flushed leverage while spot selling…

Strong ETF Demand, High Transactions Fail to Lift Price

Spot XRP (XRP) exchange-traded funds (ETFs) have continued to attract investor interest, recording inflows every day of last week as transactions surged to a six-month high. Unfortunately, these positive fundamentals didn’t help the bulls hold the price above the psychological $2 support level. How low can XRP price go? Key takeaways: XRP fell below $2…

Bitcoin, Altcoins Gains Retrace After US, EU Trade War Resumes

Key points: Bitcoin could remain under pressure as the US-EU trade war could create a risk-off environment in the short term. Most major altcoins have turned down from their overhead resistance levels, signaling that the bears remain in command. Bitcoin’s (BTC) pullback is attempting to find support near $92,000, but the bears have kept up…