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Crypto Victory Ahead? This Senator’s Decision Clears Path For Market Structure Bill Approval
A crucial amendment that was expected to delay passage of the CLARITY Act, also known as the crypto market structure bill, could be scrapped ahead of a vital committee vote this week, potentially simplifying the bill’s path forward. Senate Crypto Bill Clears Key Hurdle According to a report by...Bitcoinist
Wed, Jan 28
Crypto Bears Beware: Global Liquidity Cycle May Be The Longest On Record
Crypto analyst Matt Hughes is arguing the global liquidity cycle is stretching well beyond its usual rhythm and that the extension is precisely why staying structurally bearish on crypto has been so punishing since 2020. Hughes, who posts as “The Great Mattsby,” said Monday that the cycle is “now ~6...NewsBTC
Wed, Jan 28
XRP Price Pattern Draws Unusual Comparisons To Silver: Analyst
Traders have been looking at a chart that lines up XRP’s major moves with decades of silver data. The match is not perfect. It is, however, striking enough to get people talking about what might happen next. Some see it as a warning. Others see a possible roadmap for big gains. Related Reading: Bitc...Bitcoinist
Wed, Jan 28
Bitcoin Cash Price Forecast: Retail interest sparks in BCH amid reversal chances
Bitcoin Cash (BCH) is trading around $600 at press time on Wednesday, framing a potential double bottom reversal on the daily chart. The BCH token is witnessing renewed capital inflows into its futures contracts amid a positive funding rate cycle, signaling renewed investor interest.
Fxstreet
Wed, Jan 28
A 45-year-old Chinese national, Jiangling Su, has received a four-year prison sentence for his role in a 37 million crypto laundering scam
A 45-year-old Chinese national, Jiangling Su, has received a four-year prison sentence for his role in a $37 million crypto laundering scam that affected nearly 174 Americans.Cryptopolitan
Wed, Jan 28
Avalanche Price Forecast: AVAX holds near $12 as spot ETF debuts on Nasdaq lifts bullish sentiment
Avalanche (AVAX) price holds above $12 at the time of writing on Wednesday, after rebounding from the lower boundary of its horizontal parallel channel, signaling early signs of stabilization.Fxstreet
Wed, Jan 28
Record Pain: Bitcoin Investors Suffer $4.5B Loss, Most In 3 Years
Reports note that Bitcoin holders realized large losses as prices slid, and the headline number is hard to ignore. According to on-chain tracker CryptoQuant, about $4.5 billion in net losses was recorded on January 23. Related Reading: Bitcoin Influencers Get Spotlight In X’s New ‘Starterpacks’ ThatNewsBTC
Wed, Jan 28
Solana (SOL) Recovery Reaches A Level That Changes Everything
Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There was a break...NewsBTC
Wed, Jan 28
Two Big Forces Are Shaping Crypto Right Now, Says Bitwise CIO
Bitwise CIO Matt Hougan says crypto’s near-term trajectory is being pulled by two very different macro forces: a breakout in gold that signals a deeper institutional trust problem, and a suddenly uncertain path for the Clarity Act that could determine whether the current pro-crypto regulatory postur...Bitcoinist
Wed, Jan 28
XRP Price Stuck Under $2.00 As Markets Brace For Another Slide
XRP price failed to surpass $2.00 and started another decline. The price is now correcting gains and might struggle to stay above $1.860. XRP price started a downside correction and tested the $1.90 zone. The price is now trading near $1.890 and the 100-hourly Simple Moving Average. There is a decli...NewsBTC
Wed, Jan 28
Standard Chartered Predicts Stablecoins Could Drain $500B From US Bank Deposits
Stablecoins could pose a significant challenge to the US banking system over the next several years, with as much as $500 billion in deposits potentially moving out of traditional banks by the end of 2028, according to a new analysis from Standard Chartered. Stablecoins Could Pressure Bank Earnings ...Bitcoinist
Wed, Jan 28
Top Crypto Gainers: Hyperliquid rallies as Pump.fun and Zcash hit key resistance
Hyperliquid (HYPE), Pump.fun (PUMP) and Zcash (ZEC) are among the top gainers over the last 24 hours, as Bitcoin’s (BTC) minor recovery on Tuesday eases pressure on the broader cryptocurrency market. Hyperliquid rally crosses above $30 while PUMP and ZEC approach crucial resistance levels.Fxstreet
Wed, Jan 28
XRP Derivatives Reset: Open Interest Drops Nearly 60% From July Peak
XRP is trading below the $2.00 mark as the market drifts into a phase defined by apathy and uncertainty, with participation thinning and conviction on both sides fading. After a powerful rally earlier in the cycle, price action has cooled significantly, and recent attempts to regain momentum have fa...NewsBTC
Wed, Jan 28
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP extend recovery after retesting key supports
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are extending their recovery so far this week after a massive correction last week. BTC trades above $89,000, ETH above $3,000 and XRP above $1.90.
PRESS DIGEST-British Business - January 28
Jan 28 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British pub operator Revel Collective TRC.L has entered administration, with 41 venues and 1,582 j...Reuters
Wed, Jan 28
Ethereum Price Breaks Back To $3K As Traders Question Follow-Through
Ethereum price started a recovery wave from the $2,800 zone. ETH is now trading near $3,000 and might aim for more gains if it clears $3,050. Ethereum managed to stay above $2,850 and started a recovery wave. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There is a bull...NewsBTC
Wed, Jan 28
Bitcoin, Ethereum ETFs Show No Signs Of Renewed Demand, Says Glassnode
Bitcoin and Ethereum spot ETFs have continued to observe weak demand as their monthly average netflows have remained in the red. Bitcoin & Ethereum Spot ETFs Have Been Observing Net Outflows As pointed out by on-chain analytics firm Glassnode in a new post on X, the average netflow for both Bitc...Bitcoinist
Wed, Jan 28
Bitcoin Social Interest Fades As Retail Chases Gold, Silver Hype
Data shows social media interest has shifted away from Bitcoin and the cryptocurrency sector recently as interest in Gold and Silver has spiked. Crypto Social Volume Has Cooled Recently In a new post on X, analytics firm Santiment has talked about how the Social Volume has compared between the crypt...NewsBTC
Wed, Jan 28
Bitcoin Price Marches Upward, But $90K Could Decide The Next Act
Bitcoin price started a recovery wave above $88,000. BTC is slowly moving higher and might rise further if it clears $89,600. Bitcoin started a minor recovery wave above the $88,000 level. The price is trading above $88,500 and the 100 hourly simple moving average. There is a rising channel forming ...NewsBTC
Wed, Jan 28
