Analysis News

Monero (XMR) is leading the crypto market bounce by breaking out of a macro resistance level and breaching above the $600 barrier for the first time. A legendary trader has suggested that the cryptocurrency is mirroring silver’s historical breakout and could see a massive price discovery rally. Related Reading: Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight Monero Soars To New Highs On Monday, Monero outperformed the rest of the market, surging nearly 21% toward its new all-time high of $611.01. The privacy-focused cryptocurrency has been leading the start-of-year market rally, experiencing a 43% increase over the past seven days. XMR’s rally has been fueled by renewed interest in privacy tokens and redirected liquidity toward the project, which ha...

Dogecoin started a fresh decline below the $0.1450 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.140. DOGE price started a fresh decline below the $0.1420 level. The price is trading below the $0.140 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.1395 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1400 and $0.1420. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1500, like Bitcoin and Ethereum. DOGE declined below the $0.1450 and $0.1420 support levels. The price even traded below $0.140. A low was formed near $0.1348, and the price is now showing...

The rapid devaluation of NYC Token highlights the volatility and potential risks in crypto markets, raising concerns about investor protection and transparency.
The post Ex-NYC Mayor Eric Adams’ NYC Token tanks over 80% as team allegedly manipulates trading activity appeared first on Crypto Briefing.

As the January 15 markup of the crypto market structure bill—known as the CLARITY Act—draws closer, reports indicate that Coinbase (COIN) is reconsidering its support for the legislation.  A Monday report from Bloomberg suggests this shift in position is contingent on whether the anticipated bill includes provisions beyond enhanced disclosure requirements tied to stablecoin rewards. High Stakes For Coinbase The CLARITY Act is expected to be marked up in at least one Senate committee this Thursday, and Coinbase’s potential withdrawal could have significant implications for the bill.  A source familiar with Coinbase’s stance told Bloomberg that the exchange would re-evaluate its support if the legislation veers too far from its interests, particularly regarding stablec...

XRP price extended losses and traded below $2.080. The price is now attempting to start a fresh increase and faces hurdles near the $2.120 level. XRP price started a fresh decline below the $2.10 zone. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $2.10. XRP Price Turns Red XRP price failed to stay above $2.150 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.120 and $2.10 to enter a short-term bearish zone. The price even spiked below $2.050. A low was formed at $2.034, and the price is now consolidating losses. ...

XRP may be setting up for a final, cleaner long entry if the broader market delivers one more volatility-driven pullback, according to CryptoinsightUK’s Will Taylor, who says his preferred “risk to reward” zone sits materially below current support. The thesis hinges on whether Bitcoin prints a double-bottom-style retest and drags major alts into deeper liquidity pockets before the next leg higher. In his Jan. 10 newsletter, Taylor framed early 2026 as a market caught between two plausible paths: a familiar pullback-and-recover structure that has defined prior Bitcoin dips, or a continuation higher that leaves would-be buyers watching price run away. “The question mark for me is whether we do get a wick below this ascending trend line into that double bottom area and...

The court's decision highlights ongoing tensions between state regulations and emerging digital platforms, impacting future market operations.
The post Court temporarily blocks Tennessee regulators’ action against Kalshi appeared first on Crypto Briefing.

Ethereum price failed to clear the $3,160 resistance and dipped again. ETH is now consolidating and might make another attempt to surpass $3,200. Ethereum started a downside correction below $3,180 and $3,150. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,085 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,080 zone. Ethereum Price Starts Consolidation Ethereum price failed to surpass $3,150 and trimmed gains, like Bitcoin. ETH price declined below $3,120 and $3,120 to enter a short-term bearish zone. The last major swing low was formed at $3,050 before the price started a consolidation phase. There was a minor u...

Exempting non-custodial blockchain developers from money transmitter laws could boost innovation and protect privacy rights in the US.
The post Senators Lummis and Wyden push bill to exempt non-custodial blockchain developers from money transmitter laws appeared first on Crypto Briefing.

Markets pulled $454 million from crypto exchange-traded products last week as investors stepped back amid rising bets that the US Federal Reserve may not cut rates soon. Related Reading: CZ Fuels Optimism As Binance Coin’s $1,000 Target Trends According to CoinShares data and market reports, the move erased much of the early-week gains that had pushed roughly $1.5 billion into the sector during the first two trading days. The shift was sharp and broad, though a few assets saw money flow in. Smart Money Flees Bitcoin While Some Altcoins Attract Cash Bitcoin-linked products bore the brunt of withdrawals, with about $405 million leaving Bitcoin ETPs. Ethereum funds were also hit, posting roughly $116 million in outflows. Multi-asset crypto products reported net redempti...