Author: John Smith

Dogecoin price held steady above a crucial support level, with the Elliot Wave pattern pointing to an eventual rebound in the near term. Summary Dogecoin price has bottomed at a key support level. An Elliot Wave analysis suggests that the coin may rebound. DOGE ETF inflows have jumped in the past few days.  Dogecoin (DOGE) token was trading at $0.1397 on Saturday, a few points above the key support level at $0.1153. It remains in a bear market after falling by over 70% below its highest point in 2025. A potential catalyst for the DOGE token is that demand for…

The recent crypto market rally experienced earlier this year stalled recently as traders booked profits.  Summary The crypto market is wavering ahead of the upcoming CLARITY Act markup. Senator Tim Scott confirmed that the markup will take place on January 15. The CLARITY Act will likely not lead to a crypto market rally. Bitcoin (BTC) price plunged from the year-to-date high of $94,500 to the current $90,000. Other top altcoins like Ethereum (ETH) and Ripple (XRP) have also pulled back in the past few days.  CLARITY Act markup to happen on January 15 The crypto market will be in focus…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In his recent appearance on The Joe Rogan Experience, Jensen Huang, CEO of NVIDIA and one of the most influential figures in modern computing, issued a warning that “should” reverberate across every industry that relies on digital security. Quantum computing, he explained, is advancing quickly enough that it could soon render today’s encryption standards obsolete. “Quantum computers will make it possible” to break present cryptographic protections, he stressed, noting that this is why “the entire industry is…

Bitcoin spot ETFs recorded $249.99 million in net outflows on January 9, extending a multi-day redemption streak. Summary Bitcoin ETFs saw $1.38B in outflows over four days, led by BlackRock’s IBIT. Ethereum ETFs posted $351M in redemptions after a strong start to January. Solana ETFs were flat while XRP ETFs still attracted fresh inflows. BlackRock’s IBIT led withdrawals with $251.97 million in outflows, while Fidelity’s FBTC posted the only inflow at $7.87 million. Ethereum spot ETFs saw $93.82 million in net outflows on the same day and was the third consecutive session of redemptions. Solana spot ETFs recorded zero flows,…

Fasial Tariq, co-founder of Paradox Metaverse dubbed a “Ponzi” by crypto investigator Coffeezilla, has been linked to what UK authorities call the world’s largest seizure of illegal weight-loss drugs. Summary UK authorities seized £250K in illegal weight-loss drugs linked to a crypto gaming founder. Fasial Tariq was tied to companies operating from the raided Northampton facility. Coffeezilla previously labeled Paradox Metaverse a Ponzi after investigating the project. The Medicines and Healthcare Products Regulatory Agency raided an industrial estate unit in Northampton. They seized retatrutide (nicknamed the “Godzilla” of weight loss jabs) along with £20,000 ($27,000) in cash, raw chemical ingredients,…

With $763.5 million in cryptocurrency funding spread across six projects, the first full week of 2026 got off to a great start thanks to Rain’s $250 million Series C round. Summary Rain led the week with a $250M Series C, valuing the stablecoin firm at $1.95B. BlackOpal and Tres Finance together added $330M via funding and M&A activity. Bitcoin infrastructure projects like Babylon and ZenChain also secured new capital. According to Cryptofundraising data, the following summarizes this week’s cryptocurrency funding activity: Rain Raised $250 million in a Series C round Fully diluted valuation of $1.95 billion Rain is a blockchain-based…

Coinbase stock price remains under pressure this week as the recent momentum in the crypto market waned. Summary Coinbase stock price has crashed by 50% from its highest level in 2025. Wall Street analysts from Goldman Sachs and Bank of America are bullish on the stock. Technical analysis suggests that the stock has more downside in the near term. Coinbase, the biggest American crypto exchange, dropped by 50% from its highest level in 2025. It was trading at $247 today, January 8, giving it a market capitalization of $66 billion. Wall Street analysts are becoming bullish on the stock, which…

Iran’s Islamic Revolutionary Guard Corps (IRGC) reportedly moved about $1 billion in cryptocurrency through two UK-registered exchanges over the past two years, according to a report by blockchain intelligence firm TRM Labs. Summary Investigators at TRM Labs, a blockchain intelligence firm, found that the IRGC used Tether (USDT) on the TRON blockchain to route funds. Exchanges called Zedcex and Zedxion collectively processed a large majority of the transactions. The flow of funds helped the IRGC sidestep traditional banking restrictions, directing money to affiliated groups and other sanctioned entities. According to The Washington Post, the heavily sanctioned military force moved roughly…

According to CryptoSlam data, NFT sales volume has plunged by 27.65% to $62.58 million, down from last week’s $88.29 million. Summary NFT volume fell nearly 28% as buyer and seller counts dropped more than 75% week over week. Ethereum held top chain spot while Bitcoin NFT sales crashed over 65% in the past week. CryptoPunks led collections even as overall NFT activity hit multi-week lows. Market participation has crashed, with NFT buyers plummeting by 82.75% to 60,985 and sellers collapsing by 77.69% to 56,228. NFT transactions fell by 23.64% to 690,550. This bearish performance is happening as Bitcoin (BTC) price…

Rain, a provider of enterprise-grade stablecoin payments infrastructure, has raised $250 million in a Series C funding round. Summary Rain raised $250 million in a Series C round led by ICONIQ, valuing the stablecoin payments company at $1.95 billion and bringing total funding to over $338 million. Rain’s platform enables businesses to launch compliant stablecoin cards, wallets, and payouts, currently processing over $3 billion annually for 200+ partners, including Western Union and Nuvei. The funding will support expansion into key markets across North America, South America, Europe, Asia, and Africa. ICONIQ led the effort. Other investors such as Sapphire Ventures,…