Key takeawaysPI is up 1% in the last 24 hours, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday.Selling pressure persists despite the recent slight recovery. Market sentiment remains bearish despite PI’s recoveryPI, the native coin of the Pi Network, is up 1% in the last 24 hours and is now trading at $1.91 per coin. The positive performance comes despite the broader cryptocurrency market recording losses in the last few hours.According to PiScan, the reserves of centralized exchanges have decreased by 4.24 million PI tokens, indicating large withdrawals over the last 24 hours. The decline in exchange reserves reflects strong buying pressure, allowing PI to recover above $0.19.Will PI hit $0.20 soon?The PI/USDT 4-hour chart is bearish and efficient despite the coin adding 1% to its value in the last 24 hours. At press time, PI is trading at $0.191, roughly 30% up from Monday’s low at $0.1502. The recovery aligns with the strong buying pressure and could push PI’s price higher in the near term. The RSI of 33 means that PI is slowly escaping the oversold region as buyers step in. The MACD lines are still within the negative territory, indicating that the sellers have yet to fully relinquish control. PI/USDT 4H ChartIf the recovery continues and PI hits the $0.1919 resistance level, it could rally towards the $0.2060 psychological zone. An extended bullish run would allow PI hit the previous weekly high of $0.2116.However, a daily candle close below $0.1919 could see PI give up some of its recent gains and retest the support levels at $0.1835 and $0.1632 in the near term. The post PI rebounds above $0.19 despite selling pressure: Check forecast appeared first on CoinJournal.

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Funds were split between two wallets holding $3.3 million and $880,000.The exploit involved MEV-linked addresses and preemptive transaction timing.MakinaFi has not released a technical statement or mitigation plan.A major crypto breach has struck MakinaFi, draining millions in Ethereum from the decentralised finance platform.The incident resulted in the loss of 1,299 ETH, valued at roughly $4.13 million at the time of the attack.PeckShieldAlert flagged the theft on X, where it traced the movement of the stolen assets across Ethereum wallets.The breach quickly gained traction online as blockchain analysts and on-chain trackers pieced together the flow of funds.It became evident that the attacker moved fast, using tools and tactics that suggest a high level of technical precision.Makinafi loses millions in etherThe exploit saw a sudden outflow of Ethereum from MakinaFi, although the platform has not yet issued a public explanation or technical breakdown.Users and observers are left to rely on data from Etherscan and posts from security firms to understand what happened.The total 1,299 ETH was siphoned off through a set of carefully timed transactions.While MakinaFi has yet to share how the vulnerability was exploited, the timing and transaction order suggest that the attack wasn’t random.There was no immediate freeze or recovery attempt reported from MakinaFi’s side.Two wallets hold the stolen fundsOn-chain data shows the stolen ETH was split between two addresses.The first wallet, marked as 0xbed2…dE25, currently holds an estimated $3.3 million. The second, 0xE573…f905, contains around $880,000.These wallets have not yet moved the funds further, but blockchain analysts are keeping a close eye on them.The attacker has so far avoided sending the ETH to known mixing services or exchanges, but watchers remain alert to any shift in movement patterns.Builder activity reveals exploit timingFurther investigation revealed links to an MEV Builder address (0xa6c2…).This detail points to a transaction ordering strategy often used to exploit timing advantages within the blockchain.PeckShieldAlert noted that some of the activity involved preemptive execution, a hallmark of MEV exploitation.The use of builder-side execution implies a high degree of automation and planning.The attacker likely used MEV tools to front-run or reorder transactions, increasing their chances of success and reducing the likelihood of detection during the transfer.Community tracks next stepsMakinaFi has not issued any official response or update since the incident was flagged.Without a public statement or action plan, it’s unclear whether the platform is investigating, attempting to recover the funds, or planning to compensate users.Meanwhile, the blockchain community continues to track the stolen ETH.Any attempt to combine the funds or offload them through exchanges could offer a chance for intervention.Analysts are watching for token mixing, wallet consolidations, or transfers to centralised platforms, which may trigger alerts or freezes.The lack of communication from MakinaFi leaves open questions around security readiness and risk management.Until a full breakdown is shared, the technical details behind the breach remain largely speculative.For now, the stolen ETH sits idle but visible — and the crypto world watches to see what happens next.The post MakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected appeared first on CoinJournal.

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A hard-start approach may force compliant firms to stop operations.The HKSFPA urges a 6–12 month grace period for applicants.The association also raised concerns over the CARF framework.Hong Kong’s plan to tighten oversight of digital asset firms has raised concerns that crypto managers could be forced to suspend operations.The warning comes from the Hong Kong Securities & Futures Professionals Association (HKSFPA), which has flagged risks associated with the potential implementation of new licensing requirements without a transition period.The government is currently consulting on extending the city’s regulatory reach across virtual asset dealing, advisory and fund management services.These proposals aim to close gaps in oversight but could leave active firms in limbo if licences are required from day one.Concerns over hard launch timingThe HKSFPA’s main concern is that a “hard start” would require all market players to hold a valid licence before the new framework officially begins.Without any grace period, this could mean that businesses awaiting approval would have to stop offering regulated services, even if they’ve submitted their applications.This would impact firms that are already operating legally under the current rules but have not yet received a licence under the new system.The concern is that licensing reviews could take time, especially given the complexity involved, which could create regulatory bottlenecks and disrupt the sector.Group pushes for grace periodIn a formal submission, the HKSFPA has asked for a six to twelve-month deeming period for businesses that apply ahead of the new regime’s start date.The group believes this would allow operations to continue while the Securities and Futures Commission (SFC) processes applications.Without such a buffer, even firms with strong compliance practices could face forced shutdowns due to administrative delays.The application process itself is not quick, and the risk of backlogs is significant, especially as more companies prepare to enter a newly regulated environment.Expanded oversight still under reviewThe proposed rules are still in the consultation phase and do not yet have a confirmed start date.If implemented, they would mark a shift in how virtual asset services are governed in Hong Kong, moving beyond trading platforms to include advisory and fund management services.The industry body supports Hong Kong’s aim of strengthening regulatory standards for digital assets.However, it warns that if timelines are too rigid, it could discourage institutional involvement and slow down the adoption of compliant crypto infrastructure.Second warning highlights implementation riskIn a separate consultation submission made this week, the HKSFPA also expressed concerns about the upcoming Crypto Asset Reporting Framework (CARF) being introduced in line with the OECD’s recommendations.While the group supports the policy direction, it again warned that inflexible execution could lead to unintended exposure to operational and legal risks.Taken together, the two submissions reflect a broader message from the industry: while regulation is welcomed, execution must avoid creating hurdles that push firms out of the market.The post Crypto firms in Hong Kong face risks as new licensing rules advance appeared first on CoinJournal.

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Bitcoin’s bullish price outlook remains, but a retest of support near $90,000 poses a threat to this.The latest price action comes amid a whale move to transfer $84 million in BTC that had been dormant for 12 years.Global stocks and crypto faced new downside pressure amid escalating US-EU trade tensions.The Bitcoin price revisited support below $92,000 early Tuesday as a whale’s sudden jolt stirred sentiment amid a transfer of over 900 BTC worth approximately $84 million, with the coins having been dormant for over a decade.Mounting pressures on the cryptocurrency’s price also coincide with broader market jitters, which are largely fueled by escalating US-EU trade tensions over Greenland.BTC also traded lower as US Treasury yields rose.Bitcoin whale moves coins dormant for over 12 yearsDetails shared by blockchain tracker Lookonchain showed that an old wallet, labeled “1A2hq…pZGZm,” shifted 909 BTC to a fresh address “bc1qk…sxaeh” for the first time in 12 years.More than $84 million worth of BTC was first loaded in the wallet in 2013 when BTC traded below $7.With prices skyrocketing over the year, the whale finds themselves sitting on unrealized profits exceeding 13,000%.The movement mirrors similar transfers seen when Bitcoin exploded past the $100,000.A Bitcoin OG has woken up after 13 years of dormancy, moving all 909.38 $BTC($84.62M) into a new wallet.When this OG first received $BTC 13 years ago, the price was under $7 — now up ~13,900×.https://t.co/gc0FeYxGkz pic.twitter.com/lxfikGdfNl— Lookonchain (@lookonchain) January 20, 2026BTC price slipped nearly 2% as social media erupted with speculation of profit-taking.However, with the whale’s funds remaining off exchanges, analysts are pointing to a possible wallet consolidation or enhanced security rather than imminent offloading.Fed’s $3.8B liquidity injection puts crypto assets on alertThe Federal Reserve is set to inject $3.8 billion into the economy on Tuesday, drawing close attention from crypto traders who see potential upside for Bitcoin amid easing macro liquidity conditions.The move comes as global markets refocus on liquidity, following a period of balance sheet expansion by the Fed aimed at supporting market functioning.Such injections are often viewed as constructive for risk assets, including Bitcoin (BTC), based on the view that looser funding conditions in traditional markets can support higher asset prices.Previous Fed liquidity operations, including a $29.4 billion repo injection in 2025, were cited by the founder of Cardano (ADA) as potentially supportive for Bitcoin and other risk assets.During the last liquidity injection period, from December 12, 2025, to January 14, 2026, Bitcoin rose from about $90,270 to roughly $96,929.On Monday, crypto watcher DefiWimar wrote on X that, “When traditional money printing kicks into high gear, smart money flows into crypto,” underscoring how increased liquidity can influence asset allocation decisions.​Bitcoin faces mounting headwindsBitcoin has recently slid to the $90,000 level, further eroding the bullish sentiment that dominated amid the spike to above $97k.In early Asian hours on Jan. 20, sellers pushed prices to $90,620.This mirrored dips for Nasdaq futures, which were down by over 1.6% amid persistent headwinds in recent weeks.While stocks have not recorded a major pullback, broader risk-off sentiment has capped the moves seen in 2026.Cryptocurrencies have recorded similar downturns, even as gold leads safe-haven assets to new record highs.Economist Mohamed El-Erian shared this outlook on X.On a day when geo-economics is again very much in evidence—including the possibility of an EU–US trade war over Greenland (with the UK seemingly caught in a messy middle)—gold has once more traded at a record high, exceeding $4,700 an ounce.
Also of note for the reasons discussed… pic.twitter.com/CuyHAWMR8V— Mohamed A. El-Erian (@elerianm) January 20, 2026On Tuesday, Bitcoin and US stocks futures shed gains as the 10-year US Treasury yield climbed to 4.287%, a four-month…

Solana traded to lows of $128 as the price broke down from above $135.The technical outlook suggests bears could eye a dip to $120 or lower.Bitcoin’s trajectory will also dictate broader sentiment.Solana (SOL) price declined by about 4% in the past 24 hours to trade below $130 as of writing on January 20, 2026.The altcoin’s value slipped amid heightened selling pressure across the broader market, with corrections sending Bitcoin to around $90,600.For Solana, derivatives metrics hint at a potential bearish tilt, with further downside action toward sub-$120 levels likely.​Solana dips below $130Top altcoins continue to see notable traction, as shown by the $1 billion real-world assets milestone for Solana.However, while this points to long-term potential, in the short term, it appears bullish sentiment is waning.Escalating global economic uncertainties and cryptocurrency sector volatility signal this outlook, with long liquidations in SOL derivatives surpassing $20 million in the past 24 hours.The imbalance in liquidations, with longs comprising over 95% of total wipeouts, points to overcrowded bullish bets.Notably, this shows how vulnerable bulls are to cascading sell-offs.In this case, the aggressive unwinding by leveraged bulls has open interest in SOL futures contracting to roughly $8.2 billion amid diminished risk appetite.​Meanwhile, funding rates hover at a mildly 0.0070%, but seller dominance has SOL prices down 8% this past week.The monthly action has seen shorts shrink the altcoin’s value to just +2.4%.A look at institutional flows does present a mixed picture. US spot Solana ETFs registered over $47 million in net inflows last week.SoSoValue data shows that net inflows were up from about $41 million and $20 million over the previous two weeks.However, spot-driven selling could erode this support, potentially triggering outflows.​​SOL price forecast – Is $120 next?As highlighted, Solana traded below the key support at $130, having slipped under the 20-day and 50-day exponential moving averages.The EMAs are clustered at $137 and $159, respectively, hinting at a short-term bearish structure.Charts also show the daily MACD line has crossed below its signal, with histogram bars expanding negatively.Meanwhile, RSI hovers at 41 and is drifting toward oversold territory to suggest more room for downward momentum.Solana Price ChartSolana price chart by TradingView​If support at $125-$126 fails, it will open a path for a revisit of the $120 mark.Bears could target lows of $116 reached on December 18, 2025.On the other hand, upside resistance looms at the $137 level, and notable supply zones also await around $145 and $160.A decisive move in either direction will be key to bears or bulls. Market sentiment will also hinge on Bitcoin’s trajectory, with fresh tumbles amplifying SOL’s downside vulnerability.The post Solana risks plunge to under $120 as sellers dominate appeared first on CoinJournal.

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The one-exchange-one-bank model is not a legal requirement but is widely followed.A government study found the setup limits access for small crypto exchanges.Large platforms dominate Korean won-based trading due to better liquidity.South Korea’s top regulators are reportedly reviewing how local cryptocurrency exchanges work with banks, aiming to create a more balanced playing field.The current system often links each crypto exchange to just one bank, limiting choice and creating high entry barriers for smaller firms.Though this setup isn’t officially required by law, it has become widespread due to anti-money laundering and identity verification rules.The Financial Services Commission and the Fair Trade Commission are now coordinating a review to see whether this long-standing practice is stifling competition and reinforcing the dominance of a few large exchanges.Rules may favour bigger exchangesUnder the existing system, exchanges need to form exclusive partnerships with domestic banks to allow customers to deposit and withdraw Korean won.Without that link, they can’t offer basic fiat services.The model emerged in response to growing demands for transparency and risk control, but may now be working against smaller market participants.A recent study commissioned by the government explored how current crypto regulations impact competition.According to findings reported by local outlet Herald Economy, researchers concluded that the one-to-one exchange-bank setup makes it harder for newer or smaller exchanges to access banking services.Even though it helps manage financial risks, applying the same strict standards across the board may be excessive when firms vary in size, volume, and risk profile.The study also noted that most Korean won-based crypto trading happens on just a few large platforms, making the market highly concentrated.Liquidity gap highlights entry barriersThe research pointed out that when a few platforms dominate trading volume, they benefit from deeper liquidity and faster transactions.This creates a cycle where users are more likely to choose the bigger players, further limiting the reach of smaller exchanges.As long as banking access remains difficult, that pattern is unlikely to change.This concentration may make the market less dynamic, reduce innovation, and restrict consumer options.As a result, the current setup could be reinforcing the position of already-powerful exchanges, rather than encouraging healthy competition.Lawmakers delay key digital asset billThe review of crypto-banking links comes alongside delays in broader legislative changes.The Digital Asset Basic Act, which is expected to reshape the country’s crypto regulation, was initially scheduled for submission before the end of 2023.However, on December 31, lawmakers pushed it back to 2026.The bill proposes allowing the launch of stablecoins backed by the Korean won, as long as the issuing companies store their reserve assets with approved custodians such as banks.The delay stems from disagreements over how to supervise stablecoin issuers and whether a new oversight body should pre-approve them.The Financial Services Commission is also weighing how to allow both financial and non-financial firms to take part in this sector without compromising on safety.The goal is to support innovation while maintaining strong regulatory safeguards.The post South Korea may target fairer crypto market with banking rule changes: report appeared first on CoinJournal.

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Portugal prohibits political betting under its 2015 online gambling law.Polymarket remains accessible, but regulators may ask ISPs to block it.Polymarket faces restrictions in 30+ countries, with access limits varying by market.Portugal’s gambling regulator has ordered blockchain-based prediction market Polymarket to cease operations in the country within 48 hours after the platform saw a sharp spike in activity linked to Sunday’s presidential election.According to Rádio Renascença, bets placed on the outcome of the Jan. 18 vote exceeded 103 million euros ($120 million).The regulator, the Serviço de Regulação e Inspeição de Jogos (SRIJ), said Polymarket does not hold a licence to offer betting services in Portugal and is therefore operating illegally.The enforcement step highlights how prediction markets are increasingly colliding with national gambling laws, particularly when political events drive rapid inflows of user activity and large volumes of capital.A fast-growing prediction market meets strict local gambling rulesPolymarket is a prediction market that lets users bet on real-world events such as politics, sports, or other developments by buying shares tied to potential outcomes.In Portugal, betting on political events and other real-world outcomes is illegal.Under the country’s 2015 online gambling law, betting is permitted only on sports, casino games, and horse racing.SRIJ said Polymarket is not authorised to offer betting services in Portugal and cannot legally operate political markets, whether they relate to domestic events or international developments.The regulator’s 48-hour deadline and what could come nextThe regulator’s decision was tied to the surge in election-related betting, with activity around the Portuguese presidential race drawing increased attention.SRIJ formally ordered Polymarket to quit the country within 48 hours.However, the platform remains accessible for now, though regulators may soon instruct internet service providers to block access.Other prediction market platforms, including Kalshi, Myriad, and Limitless, also appear to be accessible in Portugal, even as authorities focus specifically on Polymarket’s licensing status and its political betting markets.Election-related volume draws fresh scrutinyThe size of the wagering linked to the Jan. 18 vote has put the spotlight on how quickly liquidity can concentrate on political markets.Rádio Renascença reported that bets exceeded 103 million euros ($120 million), underscoring the scale of the activity on Polymarket tied to Portugal’s presidential election.Such volumes can draw regulator attention faster than smaller niche markets, especially in jurisdictions where political betting is explicitly restricted.Polymarket faces bans in 30+ countriesPolymarket was founded in 2020 and has already faced restrictions in more than 30 countries, including Singapore, Russia, Belgium, Italy, and, more recently, Ukraine.Regulatory approaches vary by jurisdiction. Some countries, such as Belgium, have blacklisted the website.Others, including France, have limited access so that local users can enter the platform in a “view-only” mode rather than actively participate.Portugal’s enforcement action adds to that growing list and shows how legal pressure on prediction markets can escalate quickly when platforms gain traction around elections.The post Portugal orders Polymarket to shut down over election betting surge appeared first on CoinJournal.

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Swap wETH to Mantle’s mETH from major chains in under 60 seconds.No traditional bridges, slippage, or complex onboarding steps required.Netting + rebalancing cuts liquidity fragmentation and operational costs.The blockchain industry’s liquidity fragmentation problem has a new solution.Everclear, the interoperability protocol formerly known as Connext, has launched cross-chain asset settlement on Mantle Network.The partnership will allow users to convert wrapped Ethereum (wETH) from major chains including Ethereum, Arbitrum, Base, and Polygon directly into Mantle’s mETH token in under 60 seconds.The integration bypasses traditional bridging entirely, marking a significant infrastructure breakthrough for decentralized finance adoption.​The partnership tackles one of DeFi’s most stubborn challenges: liquidity fragmentation.As blockchain ecosystems have proliferated, identical assets now exist in multiple representations across different networks.This fragmentation creates inefficiency, higher costs, and friction that deters both retail and institutional participation.Everclear’s clearing infrastructure solves this problem by netting cross-chain flows and automatically rebalancing inventory, dramatically reducing redundant liquidity and operational costs.​How the settlement layer worksThe mechanics are elegant in their simplicity. Users holding wETH on any supported chain select Mantle as their destination.Everclear’s solver network fills the intent immediately, delivering mETH to the user’s wallet while managing settlement and rebalancing operations behind the scenes at optimal pricing.The result is zero slippage, fast execution, and capital efficiency that traditional bridges cannot match.​Nikita Bulgakov from the Everclear Foundation explained the vision:Everclear was built to be the settlement layer for a fragmented, multi-asset future. By connecting different representations of the same asset, we enable partners like Mantle and mETH Protocol to offer a truly chain-abstracted experience to users.​Accelerating Mantle’s institutional adoptionMantle has emerged as a serious contender in the liquidity infrastructure space, anchoring over $4 billion in community-owned assets and positioning itself as the premier gateway for institutions connecting with on-chain liquidity and real-world assets.The mETH Protocol, Mantle’s flagship liquid staking solution, achieved a peak total value locked of $2.19 billion and is now integrated across 40+ major platforms including Bybit, Ethena, and leading custody providers like P2P and Copper.“Real-world usability of on-chain assets depends on efficient settlement across chains,” said Emily Bao, Key Advisor of Mantle.This integration reinforces Mantle’s RWA and ETH-native strategy by removing onboarding friction and enabling capital to flow into the ecosystem in a more scalable, institutional-grade way.The Everclear partnership removes a critical barrier to growth.Previously, users navigating multiple chains faced bridge risks, slippage costs, and complexity that discouraged participation. Now, onboarding becomes frictionless.Expanding the settlement layerEverclear already processes approximately $400 million in monthly volume across blue-chip assets and stablecoins, serving professional users including market makers, solvers, bridges, and exchanges.The Mantle launch marks the beginning of expanded cross-asset settlement capabilities, with plans to support additional ETH-based assets, stablecoins, and emerging blockchain networks.​This development underscores the industry’s evolution toward chain-abstracted finance, where users and institutions interact with blockchain infrastructure without managing underlying complexity.For the DeFi ecosystem, it represents a meaningful step toward mainstream adoption.The post Everclear launches cross-chain asset settlement on Mantle, enabling 60-second wETH-to-mETH swaps appeared first on CoinJournal.

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The Optimism Foundation’s proposal for a token buyback goes to a vote on January 22, 2026.OP price has fallen sharply over the past year, and sentiment is largely bearish.The buyback could catalyze gains, with OP eyeing $0.52-$0.75.Optimism’s OP token changed hands around $0.30 on Tuesday, January 20, 2026, slightly up in the past 24 hours as the community edges towards a key governance vote.But having traded to intraday highs of $0.37 last week, the token’s dip to current levels risks allowing for a pullback to all-time lows of $0.25 reached in December.Can Optimism Foundation’s plans for a buyback program that commits Superchain revenue to monthly OP purchases bolster bulls?​Optimism buyback details and implicationsOptimism is set for a governance vote on January 22, 2026, following a proposal floated earlier this month.The Optimism Foundation wants community approval to allocate half of the sequencer fees for open-market buybacks of OP.A proposal for the next chapter of Optimism 🔴The Optimism Foundation is putting forward a proposal to align the OP token with growing Superchain demand by directing 50% of incoming Superchain revenue to regular OP buybacks https://t.co/VSDazlbRdX pic.twitter.com/jBQoJyxDCF— Optimism (@Optimism) January 8, 2026If the vote passes, the program will start in February, with 50% of Superchain revenue flowing to Optimism. Repurchases are set to occur over the next year.The remaining 50% funds will be allocated to ecosystem grants, maintaining flexibility.As with other  models, such as dYdX’s 75% fee buybacks, Optimism aims to buy from the market. However, the tokens go back to the OP treasury rather than direct burns.If the latter happens, supply reduction will signal confidence in OP and Superchain’s dominance.“With this buyback mechanism, OP transitions from a pure governance token to a token that is tightly aligned with the growth of the Superchain,” Optimism wrote at the time.The mechanism targets every enterprise that creates a new chain on the Superchain, with these expected to add to the underlying demand for OP.​OP token price forecastThe Optimism (OP) price is down nearly 94% from its peak of $4.85 reached in March 2024. The downtrend has crushed holder sentiment, and despite the buyback proposal, the outlook is largely bearish.Bears may hold this advantage unless Optimism for instance, burns the repurchased tokens. BNB’s quarterly burns have helped the token’s price storm to new highs.In the short term, a post-vote rally could push prices to $0.52.Optimism Price ChartOptimism price chart by TradingViewAs the daily chart above indicates, the 50-day and 200-day exponential moving averages act as supply zones at $0.32 and $0.51 (currently).Targets in the $0.60-$0.75 range are a possibility should the crypto market experience a rebound from current downward pressure.Gains for Ethereum and top ecosystem tokens will catalyse this likely OP bounce.However, bearish pressure means the psychological $1 mark remains well off the threshold for now.Major token unlocks will continue to cap gains, too, and a dip to $0.25 on fresh downward catalysts will encourage sellers.The post Optimism (OP) slips toward $0.25 ahead of Jan. 22 buyback vote appeared first on CoinJournal.

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Litecoin price fell below $70, trading to lows seen in April 2025.Declines follow a broader cryptocurrency market downturn amid geopolitical tensions.Bitcoin and Ethereum dropped to key support levels.Litecoin (LTC) price has turned negative amid mounting downward pressure, with a slight dip in the past 24 hours pushing LTC below the critical $70 mark.Seller dominance has the altcoin trading nearly 10% down over the past week.This comes amid escalating geopolitical tensions fueled by uncertainties surrounding Greenland and the United States’ interest in the Arctic territory currently under Denmark.It’s this dampening risk appetite across digital assets that has Litecoin at risk amid a correction to levels seen in April last year.Litecoin fails to hold $70 supportLitecoin’s price action turned bearish after hitting a high of $84 on January 6, 2026.A series of lower highs and lows led to today’s breach of the psychologically vital $70 support level.It’s the first time in nearly a year, with market data showing LTC dipped to a low of $68.45 during early US trading hours on Jan. 20.Daily volume, however, shrank 45% to about $413 million, indicating a potential thaw in heavy selling.Litecoin Price ChartLitecoin price chart by TradingViewInterestingly, the $70 level coincides with a long-term downtrend line from early 2020.The weekly chart also shows that the 50-week exponential moving average (EMA) is about to cross below the 200-week EMA.A 50‑week EMA crossing below the 200‑week EMA is generally interpreted as a long‑term bearish signal.In technical analysis, this is a “death cross,” and often suggests downside or weak performance, in this case, it suggests the recent trend has weakened.The weekly RSI is downsloping but not yet in oversold territory, but last time it touched the threshold, the LTC price hit lows of $46.On-chain metrics also reveal a surge in long-position liquidations.According to Coinglass data, Litecoin has seen close to $800,000 in 24 hour liquidations. Meanwhile, open interest at $564 million points to potential exacerbation of the slide.The areas around $62 and $51 offer the next support zones.Bitcoin, Ethereum fall to key levelsGlobal stocks fell on Tuesday, and mirroring the move is Bitcoin (BTC), which extended its correction amid the geopolitical tensions related to Greenland.BTC has fallen to near $90,000, with buyers unable to reclaim key levels despite bullish corporate signals. Strategy’s announcement of acquiring 22,305 BTC for $2.13 billion, at an average of $95,284 per coin, did not lift buyers.Among top altcoins, Ethereum (ETH) has shed over 5% in the past 24 hours to hover near $3,000.XRP has again failed to rally amid a recent spike and slipped to $1.92 as cryptocurrencies struggled.Geopolitical risks may see these coins tumble further.The post Litecoin dips below $70 as geopolitical tensions throttle crypto momentum appeared first on CoinJournal.

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Bitcoin fell to lows of $87,800 on Tuesday before bouncing to above $89,000.Losses for BTC came as gold hit new record high above $4,870.Galaxy Digital CEO Mike Novogratz says bulls need to take out bears around $100,000-$103,000.Bitcoin dipped to around $87,800 on Tuesday, breaking lower as risk assets struggled.However, amid waning investor confidence in the bellwether digital asset, gold has surged to new record highs.Industry heavyweight Mike Novogratz says the flagship digital asset needs to reclaim the $100,000 mark to resume its uptrend.Bitcoin price bounces off $87,800 lowBroader market uncertainty, including geopolitical tensions, has kept Bitcoin below the psychologically important $100,000 level.In the latest session, the cryptocurrency slipped under $90,000, with data from CoinMarketCap showing intraday lows of $87,814 on major exchanges.Bitcoin’s rally earlier this year was driven by strong institutional demand, but that momentum has eased in recent weeks.In contrast, gold has climbed to fresh record highs above $4,870, reinforcing its role as a safe-haven asset amid heightened geopolitical risks and ongoing macroeconomic pressures.Mike Novogratz, the outspoken CEO of Galaxy Digital Holdings, weighed in on Bitcoin’s current woes via a post on X.Novogratz, a veteran Wall Street trader turned crypto evangelist,  notes that Bitcoin could regain its upward momentum if bulls reclaim the $100,000-$103,000 level.“The gold price is telling us we are losing reserve currency status at an accelerating rate.   The long bond selling off is not a good sign either,” he posted on X. “BTC is disappointing as it is still being met with selling.  I will reiterate it has to take out 100-103k to regain its upward trend. I think it will, in time.”Bitcoin price technical outlookFrom a technical perspective, the declines have pushed prices beneath the critical 61.8% Fibonacci retracement level calculated from its April low of $74,400 to October’s record peak of $126,198.Bears have also breached the key support zone at the 50-day Exponential Moving Average (EMA) at $92,066 and a prior upper consolidation boundary near $90,000.Bitcoin Price ChartBitcoin price chart by TradingViewOther technical signals reinforcing the pessimistic outlook include the Relative Strength Index (RSI), which currently stands at 42.Notably, the Moving Average Convergence Divergence (MACD) indicator has also flashed a bearish crossover, suggesting sellers are in control.Volume profiles indicate thinning buying interest, which could exacerbate downside risks if headwinds persist.A sustained close below $87,700 could accelerate the downturn toward the lower channel boundary at $85,450.The demand reload zone aligns with the 78.6% Fibonacci retracement level.The post Bitcoin touches lows of $87,800 as gold hits new record high appeared first on CoinJournal.

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TRON (TRX) has extended its decline amid a widespread cryptocurrency market pullback.Prices have dropped further from recent highs near $0.32 and could slide to lows of $0.25.Market conditions, including Bitcoin’s performance, will dictate overall movement.Latest market data shows the TRON token slipping below key support levels at $0.30, with this coming amid downward pressures related to geopolitical and macroeconomic uncertainty.This comes as reduced risk appetite impacts top coins. Broader market losses tied to jitters around souring US-EU trade relations have spooked investors.On Tuesday, Bitcoin dropped below $90,000 and briefly slid to $87,800.Ethereum slid to under $3,000 amid sharp losses for US stocks, while Solana, BNB and XRP all fell below key support levels.TRON price slips below $0.30As crypto caught a bid last week, TRON’s price jumped to $0.32.However, with bulls retreating across the market, the altcoin has once again breached the critical $0.30 support level.Volume-driven selling has accelerated the drop, with the token now trading near $0.29 as of writing.The 24-hour trading volume is up 22% to over $770 million.This slip echoes patterns seen in late 2025, when TRX hovered around $0.28 to $0.30 amid similar market hesitancy.While the token showed signs of pulling higher,  it generally has underperformed the broader crypto index.The repeated test of the psychological support and resistance zone highlights indecisiveness.Technical analysis: What next for TRON?TRX displays weakening bullish momentum on the daily chart.As can be seen,  the MACD signals a reversal with the histogram contracting.Meanwhile, an RSI near 47 signals a potential acceleration towards oversold territory.On the daily chart above, we can see the TRX price rose as RSI climbed to hit overbought conditions.The pullback follows these gains and points to profit-taking.Declines have pushed prices below the support line of a narrow ascending channel, and failure to reclaim $0.30 could allow bears to target lower supports at $0.25.The 50-day exponential moving average currently acts as key reload zone near $0.29.TRON Price ChartTRON price chart by TradingViewAs such, upside potential remains if buying interest rebounds amid broader market recovery.Bulls’ first targets lie in the $0.32-$0.33 resistance zone. Short term, with momentum hinging on broader market conditions, will see bulls eye $0.38 and $0.50.How BTC navigates the negative terrain is crucial for altcoins, as an extension of bearish price action spells doom for buyers across the crypto market.The post TRON extends downturn from $0.32 on broader crypto woes appeared first on CoinJournal.

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Axie Infinity (AXS) price jumps past $2 amid renewed GameFi investor interest.On-chain data shows rising exchange balances and declining holders.$2 remains a key support, with volatility and profit-taking signalling a looming pullback risk.Axie Infinity (AXS) has staged an impressive comeback, surging past the $2 mark in the latest rally.The token’s recovery has captured the attention of GameFi enthusiasts and investors alike.This rebound comes amid a broader resurgence in the gaming and decentralised finance sector.Strong AXS price recovery and market momentumOver the past week, Axie Infinity (AXS) has jumped nearly 92%, highlighting renewed investor interest.Today, in just 24 hours, the token rose by 19%, with its price currently at $2.406. This surge represents a strong rebound from the $1.06 low recorded earlier this week.Axie Infinity surges past $2 Axie Infinity price chart | Source: TradingViewFurthermore, AXS’s market capitalisation now stands at $407 million, supported by over $1 billion in daily trading volume.Such activity underscores the high liquidity and demand driving the current rally.The rally is partly fueled by renewed optimism in the GameFi space.Investors are increasingly attracted to projects like Axie Infinity that combine gaming with blockchain incentives.South Korean traders, in particular, have contributed significantly to the token’s resurgence, trading AXS at a premium on major exchanges.Additionally, the project’s development of the bAXS token has provided further momentum by promising new staking and ecosystem benefits.On-chain data signals cautionDespite the bullish momentum, several on-chain indicators suggest caution.The number of AXS holders has declined sharply in the past week, signalling profit-taking among investors.Exchange balances have also risen slightly, indicating potential selling pressure that could slow or reverse gains.Axie Infinity on-chain exchange flowSource: ArkhamMeanwhile, weekly active addresses on the Ronin network remain below 10,000, showing that user growth has yet to fully recover.Futures open interest for AXS has reached $130 million, the highest in three years, highlighting elevated speculative activity and liquidation risk.Furthermore, the transaction flow data presents a mixed picture.Some investors are withdrawing AXS from exchanges, signalling bullish sentiment.Others are depositing tokens back onto exchanges, suggesting caution or potential profit-taking.These conflicting signals emphasise that while the short-term rally is strong, market dynamics remain fragile.Axie Infinity price forecastLooking ahead, $2 serves as a critical support level for Axie Infinity.A sustained move above this point could pave the way for further gains in the short term.However, the declining holder count and high speculative activity suggest that volatility may persist.Investors should monitor both trading volume and on-chain metrics to gauge market sentiment.Long-term growth for Axie Infinity (AXS) will likely depend on revitalising user engagement and expanding its GameFi ecosystem.Despite the impressive rebound, caution is warranted as the token navigates this critical phase.The post Axie Infinity surges past $2 as GameFi market revives, but caution looms appeared first on CoinJournal.

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Tezos price rose to above $0.63 before retreating to under $0.59.Momentum looked to have faded despite news of TenX adding XTZ.From a technical perspective, a break below $0.50 could trigger “further pain” for bulls.Tezos (XTZ) experienced a brief surge earlier this week amid positive corporate adoption news, rising to above $0.63.However, with top cryptocurrencies struggling, a retreat to lows of $0.59 leaves bulls facing mounting downward pressure.Sellers might eye a pullback to a critical support level, and broader market uncertainties suggest further pain could follow.​Why did XTZ price rise as top coins fell?Bitcoin dropped to under $90k on Tuesday, pulling most of the crypto market lower as liquidations cascaded across the ecosystem.But as ETH, XRP, and Solana all dipped, Tezos defied the trend as its price climbed to above $0.63.Gains continued into early Wednesday as the market digested announcements from TenX, a publicly listed blockchain infrastructure firm.We’re pleased to announce that we've added Tez ( $XTZ ) as part of a strategic staking partnership with the @TezosFoundation .This investment supports our validator operations on the @tezos network and reflects our broader strategy of generating recurring revenue through… pic.twitter.com/QlYeHZ6VsC— TenX (TSX-V : $TNX) (@TenXprotocols) January 20, 2026TenX revealed it had acquired 5.54 million XTZ tokens at an average price of $0.5868 each.Purchases occurred on the open-market and over-the-counter trades conducted between January 2 and January 19, 2026.This purchase, valued at around $3.25 million and funded by cash from an August 2025 financing round, forms part of a strategic staking partnership with the Tezos Foundation.According to details, the deal aims to bolster TenX’s validator operations on the Tezos network, generating staking yields of 8-10% while enhancing network security and decentralization.“This is a long-term value decision, not a short-term trade,” Mat Cybula, CEO of TenX, noted.He added:“Tezos is built for sustainability and upgradability, and we want TenX to be aligned with ecosystems that reflect that.”Tezos price outlook – Can bulls hold above $0.50?The technical picture for XTZ reveals a precarious balance on both daily and weekly charts, with $0.50 emerging as a pivotal psychological and structural support.Indicators like the daily RSI at 56 signal momentum that could shed the bearish outlook.However, the MACD points to potential sell pressure, which could be compounded by high volatility across altcoins.On the weekly chart, the bullish long-term trend remains.Tezos Price ChartTezos price chart by TradingView​On the daily timeframe, XTZ hovers above $0.59, but faces resistance at the $0.63 level.The 50-day EMA around $0.54 offers a strong support base, but failure at this zone could accelerate declines toward $0.54.Bulls must defend $0.50 to avert further downside, which potentially has a path to lows of $0.42.Tezos last traded at these levels in late 2025, with prices having broken lower after breaching the 50-day EMA at $0.63.The post Tezos price outlook as momentum fades above a key level appeared first on CoinJournal.

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CCA runs fully on-chain auctions that clear bids block by block for gradual price discovery.After auctions end, liquidity is automatically added to a Uniswap v4 pool at the final cleared price.The model aims to reduce sniping, front-running, and bundled transactions during token launches.Uniswap has rolled out its Continuous Clearing Auctions (CCA) feature on Base, giving developers a new way to launch tokens fully on-chain with built-in price discovery and automatic liquidity setup.The decentralised exchange confirmed the rollout on Jan. 22, with the CCA framework now available to builders using Uniswap v4 on the Base network.The update expands Uniswap’s structured token launch tools to one of the busiest Ethereum layer-2 ecosystems, offering teams a single workflow for auctions, pricing, and liquidity.With CCA now live for Base developers, projects can run token sales that settle gradually over time rather than relying on one-time listings or fixed-price launches that can trigger sharp price swings.What CCA does on BaseCCA allows teams to run fully on-chain token auctions where tokens are sold gradually instead of all at once.The mechanism clears bids block by block, which helps prices form naturally before open trading begins.Once the auction ends, liquidity is added automatically to a Uniswap v4 pool at the final cleared price.This reduces the need for teams to manually create a pool after launch and aims to avoid common listing issues linked to sudden volatility at the start of trading.Developers can also adjust auction settings to fit their launch requirements while keeping the entire process on-chain and transparent.How auctions reduce launch risksThe model is designed to create a fairer starting point for new tokens by spreading distribution over time.Rather than concentrating activity into a single launch moment, CCA introduces a phased selling process that can lower the impact of sniping, front-running, and bundled transactions.By clearing bids over multiple blocks, the auction format supports more gradual price discovery.This can help reduce sharp dislocations that often happen when tokens go live with limited liquidity or when early trading activity is dominated by automated strategies.For teams, this approach bundles the early steps of a token launch into one on-chain flow, covering auction mechanics, pricing formation, and liquidity provisioning without requiring separate manual actions.Open access for all Base developersUniswap’s deployment on Base is open to all developers building on the network. The feature does not require approvals or special access, meaning any team can integrate CCA into its token launch process.This open availability may appeal to projects looking for alternatives to private sales or unstable fair-launch formats.It also supports teams that want a more standardised on-chain approach to distributing tokens while setting up liquidity in a predictable way once the auction completes.With CCA, teams can rely on the auction’s final cleared price to determine the pool setup, rather than selecting an initial listing price independently.Uniswap’s wider v4 expansionThe Base rollout follows Uniswap’s broader expansion of v4 tools across multiple chains in recent months.CCA was rolled out in late 2025 and has already been used by projects such as Aztec Network for early price discovery and liquidity setup.Uniswap has also been integrating with partners such as Revolut for fiat access and Ledger for safe swaps via its trading API.Separately, the protocol has gone live on networks including Monad and X Layer.By bringing CCA to Base, Uniswap is extending structured launch infrastructure into a major Ethereum layer-2 environment, while continuing to expand its product suite and chain support across decentralised finance.The post Uniswap brings token launch auctions and price discovery to Base appeared first on CoinJournal.

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SEC deputy secretary-general Jomkwan Kongsakul said crypto ETF rules could be issued early this year.Thailand’s SEC will treat crypto as another asset class and allow up to 5% portfolio allocation to digital assets.KuCoin Thailand is seeking to resolve an SEC suspension linked to capital requirements and a shareholder dispute.Thailand’s Securities and Exchange Commission is preparing a new set of regulations designed to bring crypto investment products further into the country’s formal financial system.The regulator is working on rules to support crypto exchange-traded funds (ETFs), crypto futures trading, and tokenised investment products, according to SEC deputy secretary-general Jomkwan Kongsakul.The Bangkok Post reported on Thursday that the SEC aims to issue formal guidelines for crypto ETFs in Thailand “early this year.”The move signals Thailand’s effort to position itself as a regional crypto hub for institutional investors, even as retail trading remains active despite a ban on crypto payments.Crypto ETFs move closer to formal approvalKongsakul said the SEC’s board has approved crypto ETFs in principle and the agency is now finalising investment and operational rules. He said the regulator sees crypto ETFs as a product that could reduce barriers for investors who may be hesitant about directly holding digital assets.“A key advantage of crypto ETFs is ease of access; they eliminate concerns over hacking and wallet security, which has been a major barrier for many investors,” Kongsakul said.Under the proposed framework, the SEC will treat crypto as “another asset class,” and investors will be able to allocate up to 5% of a diverse portfolio to digital assets.Futures trading planned for TFEXAlongside ETF guidelines, the SEC is also moving to regulate and enable crypto futures trading on the Thailand Futures Exchange (TFEX).This would allow investors to gain exposure to crypto price movements through regulated derivatives markets.Kongsakul said other initiatives under consideration include establishing market makers to support trading liquidity and recognising digital assets as an official asset class under the Derivatives Act.Thailand has been working to attract more institutional interest in crypto markets, particularly through regulated products that sit within existing legal frameworks.Tokenisation and sandbox collaboration with central bankThe SEC is also expanding its approach beyond ETFs and futures through tokenisation initiatives.Kongsakul said the agency is working with the Bank of Thailand on a tokenisation sandbox, which could provide a controlled setting for testing tokenised instruments.The SEC “will encourage issuers of bond tokens to enter the regulatory sandbox,” Kongsakul added.By pushing tokenised bond products into a supervised environment, Thailand could develop regulated pathways for blockchain-based issuance without opening the door to unmonitored retail distribution.Tighter oversight for financial influencersWhile expanding products and market access, the SEC is also tightening standards around promotion and investment-related content online.Kongsakul said the regulator is stepping up oversight of “financial influencers,” signalling that marketing and informal advice will face more restrictions.He said, “Any recommendation related to securities or investment returns will require proper authorisation as either an investment advisor or introducing broker.”The rules aim to curb unregulated investment promotion, particularly at a time when digital assets continue to be widely discussed across social media.KuCoin Thailand works to resolve SEC suspensionThe regulatory shift comes as the Thai SEC continues enforcement actions in the local exchange market.Earlier in January, the SEC suspended KuCoin Thailand’s operations after the company’s capital fell below the minimum requirements for five consecutive days, according to local news outlet The Nation on Wednesday.KuCoin Thailand said the breach was linked to a shareholder dispute between Singapore’s CI…

The SSC launched the process after the Ministry of Finance issued Decision No. 96.Banks and brokers, including SSI, VIX, and major lenders, are preparing to apply.Rules include 10 trillion dong capital, 65% institutional ownership, and a 49% foreign cap.Vietnam has formally moved closer to running a regulated crypto market after opening applications for licences to operate digital asset trading platforms.The step brings the country’s long-planned pilot programme into action, setting the stage for approved exchanges to operate under direct regulatory oversight.The State Securities Commission of Vietnam (SSC) said the licensing window opened on Tuesday, following the introduction of new administrative procedures under Decision No. 96 by the Ministry of Finance.The decision implements a resolution on piloting a regulated crypto asset market, which Vietnam has been developing for years.Even with the licensing process now live, the market is still in its early phase.No platform has yet been licensed, and regulators have not announced approvals since the application window opened.SSC opens licensing window under new proceduresThe SSC confirmed that applications under the new administrative procedures will be accepted beginning January 20, 2026.Vietnam’s Ministry of Finance issued Decision No. 96 as part of implementing the country’s resolution to pilot a regulated crypto asset market.The SSC framed the move as a step towards bringing crypto under formal regulatory supervision.The opening of the licensing window also follows a key legal shift. Vietnam’s Law on the Digital Technology Industry entered into force on Jan. 1, defining digital and crypto assets in statute for the first time.Under the law, Vietnam recognises crypto assets as property. However, it explicitly excludes them from legal tender status.The country also maintains restrictions on the use of crypto as a means of payment, keeping the pilot focused on regulated market activity rather than consumer transactions.Domestic banks and securities firms prepare applicationsWhile the licensing window marks progress, Vietnam’s regulated crypto market is still waiting for actual approvals.That said, early interest from domestic financial firms appears to be emerging.Vietnam News reported on Wednesday that around 10 securities companies and banks have publicly announced plans and their readiness to participate in the crypto asset market once licensed.The report stressed that these institutions are preparing applications rather than already operating approved platforms.Among the firms named was SSI Securities, which established SSI Digital in 2022.Another is VIX Securities, which has invested in its VIXEX digital asset exchange unit.Several major banks were also listed, including Military Bank, Techcombank, and VPBank.The institutions indicated they plan to begin operations only after receiving regulatory approval.No crypto exchange licensed as pilot enters operational phaseEven though Vietnam has opened the licensing window, the pilot framework remains at the starting line in practical terms.Earlier hesitancy around the pilot has been linked to Vietnam’s high capital threshold and strict eligibility rules, which set a tough entry bar for potential operators.That context matters because the latest application process does not automatically mean platforms will launch quickly.Vietnamese regulators have not announced any receipt or approvals of applications since the licensing window opened, meaning the number of applicants and their progress remains unclear.For investors and market participants, this suggests Vietnam is moving in a controlled and staged way, with formal procedures advancing before any exchange can legally operate under the pilot regime.Vietnam’s strict licensing framework shapes market entryVietnam’s crypto licensing framework is among the most restrictive in the region, reflecting the government’s cautious approach to market development.Applicants must be Vietnamese entities with a minimum paid-in capital of 10…

Key takeawaysBitcoin is up 1% in the last 24 hours but continues to trade below $90k.The performance comes despite Trump’s Davos speech on Wednesday, which ended the imposition of new tariffs on European nations against the US purchase of Greenland.Bitcoin remains below $90k despite improved risk sentimentBitcoin is currently in the green after adding 1% to its value in the last 24 hours, ending its six consecutive days of decline. The price recovery comes following strengthened global risk sentiment in response to US President Trump’s U-turn on Greenland at the World Economic Forum in Davos.On Wednesday, Trump mentioned that he had reached an agreement with the North Atlantic Treaty Organization (NATO) on a framework for a future deal on Greenland. This ended the need to impose new tariffs on European nations.In addition to that, Trump added that he hopes to sign the bill on crypto soon, as the US Congress continues to work on a crypto market structure bill that was postponed last week by the Senate Banking Committee.However, the positive news hasn’t affected Bitcoin’s price action as it continues to trade below the $90k threshold. Institutional demand for Bitcoin is also on the decline. Data obtained from SoSoValue shows that spot Bitcoin ETFs recorded an outflow of $708.71 million on Wednesday, the third consecutive day of withdrawals and the highest single-day outflow since November 20. BTC eyes $93k if the $87k support holdsThe BTC/USD 4H chart is bearish and efficient as Bitcoin has lost 7% of its value over the last seven days. It is currently trading below the 50-day Exponential Moving Average (EMA) at $92,044 and has lost the $90k psychological level. Bitcoin is trading at $89,900 after retesting the midpoint of a horizontal parallel channel at $87,787 earlier this week. If BTC continues its ongoing recovery, it could extend the advance toward the 50-day EMA at $92,044.The RSI on the 4-hour chart is 40, pointing upward toward the neutral 50 level, indicating fading bearish momentum. However, the RSI must stay above the neutral 50 for the bulls to push the price higher. BTC/USD 4H ChartThe Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover on Tuesday, indicating downward pressure.However, if BTC closes the daily candle below the $87,787 support, it could extend the fall toward the next support level at $85,569.The post BTC stays below $90k despite Trump backing off Greenland tariff threats appeared first on CoinJournal.

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Key takeawaysCAKE is up 4.5%, approaching the $2 psychological level.The derivatives data back the recovery as funding rates turn positive.CAKE’S derivatives data support bullish movementCAKE, the native coin of the Pancakeswap exchange, has added 4.5% to its value in the last 24 hours and is now approaching $2.0.The rally comes as Coinglass’s OI-Weighted Funding Rate data shows that the number of traders betting that the price of CAKE will slide further is lower than that anticipating a price increase. The positive funding rate means that more traders are bullish on CAKE than bearish. The metric flipped positive on Wednesday and currently reads 0.0046%, indicating that longs are paying shorts.In addition to that, Coinglass’s long-to-short ratio for CAKE reads 1.11 on Thursday, nearing the highest level over a month. The ratio moving above one indicates that more traders are betting on CAKE to rally higher. The bullish scenario comes after Pancakeswap announced earlier this week that the community had approved CAKE’s max supply reduction proposal. The max supply has been reduced from 450 million to 400 million, and burns consistently outweigh emissions. CAKE could rally towards $2.1The CAKE/USDT 4-hour chart is bearish and efficient despite CAKE adding 4.5% to its value in the last 24 hours. CAKE’s price was rejected at the weekly resistance level of $2.13 on Saturday and declined by 10% earlier this week. However, it rebounded on Wednesday and is now approaching the $2.0 maerk once again. CAKE/USD 4H ChartIf CAKE continues its price recovery, it could rally towards the 50-day Exponential Moving Average (EMA) at $2.06.The Relative Strength Index (RSI) on the 4-hour chart is 46, pointing upward toward the neutral 50 level, indicating fading bearish momentum. For the rally to be sustained, the RSI must move above the neutral level. On the flip side, if CAKE’s daily candle closes below the $1.88 support level, it could extend the correction toward the support zone around $1.79.The post Pancakeswap price forecast: CAKE surges 4% as derivatives data turn bullish appeared first on CoinJournal.

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Wet werkelijk rendement Box 3 is set to begin on January 1, 2028, according to the Dutch parliament.A 36% flat tax will apply to positive net returns above a €1,800 threshold per person.Losses can be carried forward to offset future gains.The Netherlands is preparing to change how it taxes investors, and the shift could have a direct impact on people holding Bitcoin and other crypto assets.Starting in 2028, the country plans to tax unrealised gains, meaning investors could owe tax even if they have not sold their holdings.According to a post shared by Crypto Rover, the Netherlands is moving towards taxing unrealised Bitcoin gains, bringing fresh attention to how governments may treat crypto under mainstream investment rules.The policy is expected to cover a broad set of assets, including Bitcoin, other cryptocurrencies, stocks, bonds, and similar investments.For many investors, the key issue is that tax would be triggered by changes in value over time, not by selling and locking in profits.That makes the reform especially relevant for crypto holders, who often deal with sharp price swings and long holding periods.Netherlands plans overhaul of Box 3 wealth taxAccording to the Dutch parliament, the Netherlands will introduce a new tax system called Wet werkelijk rendement Box 3 starting January 1, 2028.The idea is to tax investors based on the actual returns they make each year, rather than on estimated returns set by the government.Under the planned approach, authorities would compare the value of a person’s assets at the start and end of the year. Any income earned during that period would also be included in the calculation.This means investors could be taxed on both realised profits and unrealised gains that only exist on paper.The tax will apply to Bitcoin, other cryptocurrencies, and traditional investment products.The reform is designed to treat different asset classes equally and apply one consistent method across a modern portfolio.Why the Netherlands is changing its tax modelThe proposed change follows a court ruling that found the old Box 3 system unfair.Under the previous framework, investors were taxed based on assumed returns, even if their holdings did not perform in line with those assumptions.Lawmakers argue the new structure is more accurate because it is based on the real change in value of assets, rather than an estimate that may not reflect actual outcomes.Supporters of the change believe it improves fairness, especially for investors whose returns have historically been overstated by the assumed-return method.The planned system also reflects how investment behaviour has evolved over the years.Many households now hold a mix of traditional assets and crypto, and the government appears to be moving towards rules that apply consistently across both categories.How unrealised gains would be taxed each year?Under the new rules, the government would calculate a person’s yearly investment result by comparing asset values at the beginning and end of the year, plus any income earned during that period.A 36% flat tax would apply to positive net returns above a €1,800 annual threshold per person.In simple terms, the tax would be linked to annual performance rather than transactions.That means an investor could owe tax if their portfolio rises in value, even if they did not sell anything and did not receive cash from their holdings.If an investor records a loss, that loss can be carried forward and used to offset future gains.This gives investors some protection during negative years, although the timing mismatch between paper gains and cash flow remains a concern for some.What the reform could mean for Bitcoin and crypto holdersFor crypto investors, the biggest challenge is volatility. Bitcoin and other digital assets can rise sharply in a short time, and then fall just as quickly.A year-end value increase could create a tax bill, even if the investor has not sold any crypto and has no cash available from those gains.Critics warn this could create liquidity pressure…

Shiba Inu (SHIB) currently hovers near critical support; breaking it may trigger deeper losses.Momentum is weak, and future rallies are expected to be modest.Investors are shifting to utility and DeFi tokens for higher ROI.Currently, Shiba Inu (SHIB) is hovering just above its critical support zone around $0.0000077.Notably, this area represents the bottom of previous cycles and is closely watched for potential rebounds.If it fails to hold above the support zone, a double-digit correction could follow.Market sentiment and investor shiftsInvestor sentiment around SHIB is cautious and the broader market conditions for altcoins and memecoins are fragile.Many traders are increasingly favoring projects with real-world utility, a trend that has led some capital to rotate away from meme coins like SHIB.This shift suggests that SHIB may face challenges regaining strong speculative demand.Most analysts believe that Shiba Inu’s next rally would be modest compared to its past movements.After a period of aggressive growth, the meme coin now appears to be in a consolidation phase and future price moves are likely to be gradual rather than explosive.Investors looking for higher ROI are reportedly turning to DeFi tokens, meaning capital is flowing toward assets perceived as having greater long-term potential, which could ultimately limit the pace and size of SHIB’s short-term gains.SHIB technical outlook and risksTechnically, Shiba Inu (SHIB) remains under pressure and its momentum has been weak after the early January gains.The meme coin gained nearly 25% during the first weeks of the month but has given back most of those profits.Short-term charts show lower highs and lower lows, indicating bearish patterns, with resistance at moving averages, such as the 50 and 100-period EMA, limiting upward movements.The relative strength index (RSI) also remains in weak territory, showing little sign of a sustained reversal.Shiba Inu price analysisShiba Inu price chart | Source: TradingViewThe current price action shows consolidation near the critical support at $0.0000077, but no strong breakout signals have emerged.Holding the support at $0.0000077 is essential to prevent sharper declines.A break below the support could lead to deeper corrections and erode investor confidence.On-chain data and derivatives activity suggest that speculative demand is currently low.This reduces the safety net against selling pressure, heightening risk.However, despite these challenges, stabilizing at the support level could allow SHIB to maintain a trading range.A measured recovery would likely require broader market strength or positive developments within SHIB’s ecosystem.Analysts emphasize that while a modest rally is possible, the coin lacks catalysts for a parabolic surge.Investors should monitor key support zones, market sentiment, and competition from utility-focused projects.Shiba Inu’s near-term trajectory will largely depend on its ability to hold critical levels and adapt to shifting investor preferences.The post Shiba Inu faces critical support amid modest rally prospects appeared first on CoinJournal.

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