Live Feed

South Korean crypto exchange Bithumb announced it will temporarily suspend deposits and withdrawals for Hippo Protocol (HP) starting at 2:00 a.m. UTC on Jan. 28 to support a network upgrade.

Dogecoin entity House of Doge plans to launch a DOGE payment and e-commerce app called Such in the first half of this year, in partnership with Nasdaq-listed Bragg House Holdings (TBH), The Block reported. The app will support DOGE payments by combining a native DOGE wallet with Hustles, a toolkit designed for small business owners. House of Doge signed a merger agreement with Bragg House last month and is targeting a public listing early this year.

South Korean crypto exchange Bithumb has announced it will delist Bonfida (FIDA) at 6:00 a.m. UTC on Feb. 23. The exchange said the decision followed the Bonfida Foundation’s failure to submit explanatory materials addressing unresolved issues that had previously placed the token on its delisting watchlist. Bithumb added that after a comprehensive review of the foundation’s disclosures, business viability, and sustainability, it determined that the token no longer meets the criteria for continued trading support.

A Bitfinex-based whale address has recently been purchasing 450 BTC per day with prices in the $90,000 range, according to a post on X by Adam Back, CEO of blockchain technology developer Blockstream. He noted that this daily purchase volume is equivalent to the amount of new BTC mined each day.

The inspector general for the U.S. Commodity Futures Trading Commission (CFTC) has identified digital asset regulation as a key risk for fiscal year 2026, warning that expanding the agency's supervisory authority amid staff reductions could strain its capabilities. According to Decrypt, the number of CFTC employees fell 21.5% from 708 in 2024 to 556 in 2025. The inspector general's office noted that the current derivatives-focused framework is ill-equipped to handle decentralized spot markets and that the agency requires additional personnel, technology, and data infrastructure.

Spot gold has surpassed $4,800 per ounce, setting a new all-time high. The precious metal has gained approximately $500 per ounce since the beginning of the year. It is currently trading at $4,799.25, up 0.77% from the previous trading day.

According to CoinNess market monitoring, BTC has risen above $89,000. BTC is trading at $89,010.27 on the Binance USDT market.

A Hyperliquid whale address (starting with 0xb317), previously suspected of profiting from insider trading ahead of last October's largest-ever liquidation event, is now facing an unrealized loss of approximately $50 million due to the market downturn, Onchain Lens reported. The position flipped from a $40 million profit to a loss on Jan. 17. The address holds several leveraged long positions: 1,000 BTC at an average price of $91,506 (5x leverage), 223,340 ETH at $3,161 (5x leverage), and a 10x leveraged long on SOL at an average price of $130.

Tom Lee, Chairman of Fundstrat and Bitmine (BMNR), has predicted that crypto and stock markets could experience a painful decline early in the year but will see a strong recovery toward year-end, Cointelegraph reported. Speaking on the Master Investor podcast, Lee suggested that tariffs and geopolitical instability could cause a market correction in the initial months of the year. However, he analyzed that Bitcoin could reach a new all-time high this year, which would signal a full recovery from the shock of massive leverage liquidations in October of last year. Lee also commented on the recent decoupling of crypto and gold, attributing it to repeated deleveraging that has weakened market maker functions. He added that this instability might persist until institutional participation expands.

People Power Party lawmaker Park Seong-hoon has proposed an amendment to South Korea's Virtual Asset User Protection Act that would shift the burden of proof for damages onto virtual asset service providers (VASPs), Herald Kyungjae reported. The bill would make VASPs, such as exchanges, liable for compensating users for losses resulting from incidents like hacking and system failures. To be exempt from liability, a provider would have to prove that the user was grossly negligent or intentionally at fault, or that the company had rigorously followed all security protocols to prevent the incident. The amendment also includes a provision requiring VASPs to immediately report such occurrences to financial authorities.

CoinMarketCap's Altcoin Season Index has increased by two points from yesterday to reach 28. The index is calculated by comparing the price performance of the top 100 cryptocurrencies, excluding stablecoins and wrapped tokens, against Bitcoin over the last 90 days. An "altcoin season" is declared when 75% of these top coins outperform Bitcoin over that period, with a reading closer to 100 indicating a stronger season.

Bitcoin has fallen below $90,000, tracking declines in U.S. stocks and both long-term U.S. and Japanese government bonds, according to a Bloomberg analysis. The report attributes the sharp drop to a significant outflow of capital from risk assets like BTC, driven by external uncertainties. These include tariff threats from the U.S. White House against European countries and geopolitical friction surrounding Greenland. Experts reportedly view the $90,000 level as a critical indicator for the asset's short-term direction. Amid the heightened market volatility, other major cryptocurrencies such as Ethereum (ETH) and Solana (SOL), along with related stocks like Coinbase (COIN) and Strategy (MSTR), also fell. The analysis concludes that investors are currently rotating capital into safe-haven assets like gold to hedge against risks from what it described as aggressive U.S. foreign policy.

Japan's Finance Minister Satsuki Katayama has called for market stability as long-term government bond yields surge to multi-decade highs, Bloomberg reported. Katayama stated that Japan's debt dependency is at a 30-year low and its fiscal deficit is the smallest among G7 nations. She added that all options are on the table regarding the yen's weakness, based on consultations with the U.S. The rising yields, which move inversely to bond prices, indicate a strong sell-off in the Japanese government bond market. This trend is also pushing up U.S. Treasury yields, adding pressure to the global bond market. Analysts note that if Japanese bond yields continue to rise, it could force an unwinding of the yen carry trade, where investors borrow low-interest yen to invest in assets like Bitcoin or U.S. stocks. Such a move could create downward pressure on these markets as investors face pressure to repay their loans.

Trend Research, a subsidiary of LD Capital, borrowed an additional 20 million USDT and subsequently purchased 6,656 ETH on Binance. The firm then deposited the assets into the crypto lending protocol Aave (AAVE). Trend Research currently holds a total of 651,310 ETH, valued at $1.91 billion. The company has been accumulating ETH since last November, when the price was $3,400, and has continuously borrowed USDT to fund its purchases.

Investor sentiment toward risk assets, including Bitcoin, has cooled sharply amid renewed tariff pressure from U.S. President Donald Trump, according to an analysis by XWIN Research Japan, a contributor to CryptoQuant. The research firm explained that Trump's tariff policy is exerting downward pressure on Bitcoin's price from 2025 onward, as tariffs directly impact corporate earnings, inflation, and monetary policy expectations, thereby weakening overall risk appetite. This environment makes risk assets like Bitcoin more vulnerable to corrections. The analysis also noted that periods of Bitcoin price declines from last year to the present have coincided with times of heightened economic uncertainty stemming from tariffs and trade conflicts. XWIN Research Japan further stated that economic risks tend to be priced into Bitcoin quickly. As uncertainty over economic growth and interest rates increases, investors move to reduce their short-term exposure. In this process, Bitcoin is treated more as a liquid asset for risk aversion than a long-term store of value, leading to temporary sell-offs. The firm concluded that the economic risks amplified by the shock of Trump's tariff policy are currently having a negative impact on Bitcoin's price, but cautioned that the market's assessment could change if there is a structural increase in exchange inflows or a general deterioration in supply and demand conditions.

The total cryptocurrency market capitalization lost $150 billion in a single day on Jan. 21, Watcher.Guru reported.

The Crypto Fear & Greed Index from data provider Alternative has fallen eight points from yesterday to 24, shifting market sentiment from the Fear stage to Extreme Fear. The index measures market sentiment on a scale where 0 indicates extreme fear and 100 represents extreme optimism. It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

According to CoinNess market monitoring, BTC has fallen below $88,000. BTC is trading at $87,999.81 on the Binance USDT market.

Benjamin Cowen, founder of IntoTheCryptoverse, predicted on X that precious metals are likely to outperform cryptocurrencies this year, just as they did last year. However, he warned that a major correction in precious metals could occur later in the year. In that event, Cowen believes cryptocurrencies could experience an even sharper decline. He advised traders to operate based on the market that exists, not the one they want.

Major exchanges have seen $350 million worth of futures liquidated in the past hour. In the past 24 hours, $1,054 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has fallen below $89,000. BTC is trading at $88,930.01 on the Binance USDT market.

Grayscale has submitted an S-1 application to the U.S. Securities and Exchange Commission (SEC) for the launch of a Near Protocol (NEAR) ETF, Unfolded reported.

Jamie Coutts, a crypto market analyst at Real Vision, stated on X that he has changed his view on the threat quantum computing poses to Bitcoin, which he previously dismissed as far-fetched. He noted that while many crypto investors argue that quantum computing would endanger the entire financial system, not just Bitcoin, large banks are already investing heavily in research and development to prepare for it. In contrast, Coutts argued that Bitcoin is different. Although technical upgrades are possible, they require a slow and complex process across the decentralized network. He explained that there is no risk assessment committee, authorized entity, or designated leader to spearhead such upgrades. Coutts concluded that while the timeline for quantum computing's realization is uncertain, its impact will be immense, and the primary risk for decentralized systems is the difficulty in responding adequately to such threats in their early stages.

Boundless (ZKC), a decentralized zero-knowledge (ZK) computing marketplace, has launched a new technology that uses Bitcoin as the final settlement and verification layer for ZK proofs, The Block reported. The technology converts complex computational results from networks like Ethereum into ZK proofs, which are then recorded and verified on the Bitcoin network using the Bitcoin Virtual Machine (BitVM). The service will initially launch on Bitcoin and Coinbase's Layer 2 network, Base, with plans for future expansion.

The three major U.S. stock indices finished Tuesday's trading session in negative territory. S&P 500: -2.06% Nasdaq Composite: -2.39% Dow Jones Industrial Average: -1.76%