The rate hike post is here:Bank of Japan hikes rates - as widely expectedUSD/JPY dipped lower on the Statement and forecasts. Its dropping further now. yen crosses lower alongside. The danger is further yens strength if Bank of Japan Governor Ueda is hawkish at his forthcoming press conference, scheduled of r0630 GMT / 0130 US Eastern time. From that post linked above, you can see that the BoJ is not expecting the CPI to drop back under its 2% target any times soon:The BOJ board’s median forecast for core CPI in fiscal 2024 is +2.7%, up from +2.5% in October.The BOJ board’s median forecast for core CPI in fiscal 2025 is +2.4%, up from +1.9% in October.The BOJ board’s median forecast for core CPI in fiscal 2026 is +2.0%, up from +1.9% in October.This will clear the way for further rate hikes ahead. This article was written by Eamonn Sheridan at www.forexlive.com.

In 2024, the People's Bank of China, expanded its gold reserves by 44.17 tons, bringing the total to a record-high 2,279.57 tons, making it the sixth-largest globally. That year, China produced 377.24 tons of gold, while consumption reached 985.31 tons. Gold imports totalled 156.864 tons, reflecting an 8.83% year-on-year increase, according to the China Gold Association. This article was written by Eamonn Sheridan at www.forexlive.com.

Still to come is the press conference from Bank of Japan Governor Ueda, due at 0630 GMT (and 0130 US Eastern time for the night owls). Ueda is expected to signal further rate hikes to come, with a risk he is more hawkish than he usually is. The BoJ hiked today mainly due to two factors, that it had outlined previously and very publicly:signs of ongoing wage risesno market turbulence in the wake of Trump's inauguration and EO signing frenzyBoJ eyes were also on the weak yen, they'd like to avoid further weakness. If the Fed goes on an extended pause the BoJ may not get its wish. ***From the decision:Bank of Japan (BOJ) made its rate decision by an 8-1 vote.BOJ board member Nakamura dissented from the decision on the rate hike.Nakamura opposed the rate hike, stating that the BOJ should decide on changing the guideline for money market operations only after confirming a rise in firms' earnings power, based on sources at the next monetary policy meeting (MPM).The BOJ stated that real interest rates remain at very low levels.The BOJ indicated it will continue to raise the policy rate if the economy and prices move in line with its forecast.The BOJ affirmed that it will conduct monetary policy appropriately to achieve its 2% inflation target in a sustainable and stable manner.The BOJ noted that the likelihood of Japan’s economy aligning with its forecast is increasing.The BOJ reported that Japan's economy is recovering moderately, albeit with some weaknesses.Many firms have indicated that they plan to offer solid pay increases in the upcoming spring wage negotiations.The BOJ observed that underlying inflation is gradually rising towards its target.The BOJ stated that overall, markets remain stable, although various uncertainties persist.The BOJ emphasized that even after a policy shift, real interest rates will remain deeply negative, and accommodative monetary conditions will be maintained.The Bank of Japan (BOJ) reports that consumption is rising moderately as a trend.Japan's potential growth rate is estimated to be around 0.5%.Inflation is slightly overshooting expectations due to rising import prices caused by a weak yen and increasing rice costs.Medium- and long-term inflation expectations are moderately increasing.Nominal wages are clearly rising, and more Japanese firms are passing on higher labor and distribution costs.The BOJ expects inflation expectations to gradually increase as changes in corporate and household behavior continue.Forecasts:The BOJ board’s median forecast for core CPI in fiscal 2024 is +2.7%, up from +2.5% in October.The BOJ board’s median forecast for core CPI in fiscal 2025 is +2.4%, up from +1.9% in October.The BOJ board’s median forecast for core CPI in fiscal 2026 is +2.0%, up from +1.9% in October.The BOJ board’s median forecast for real GDP in fiscal 2024 is +0.5%, compared to +0.6% in October.The BOJ board’s median forecast for real GDP in fiscal 2025 remains at +1.1%, unchanged from October.The BOJ board’s median forecast for real GDP in fiscal 2026 remains at +1.0%, unchanged from October.**USD/JPY was volatile upon the release but is net a touch softer: This article was written by Eamonn Sheridan at www.forexlive.com.

The president of Japan's largest trade union Rengo says its very important to secure wage rises as real wages continue to fall and the result of this year's wage negotiations must exceed last yearStill awaiting the Bank of Japan statement, the Bank is expected to raise rates by 25bp This article was written by Eamonn Sheridan at www.forexlive.com.

Trump spoke in an interview with Fox, referring to his phone conversation with Chinese President Xi Jinping:"It went fine. It was a good, friendly conversation" "I can do that," Trump said in the interview when asked if he could make a deal with China over fair trade practices. Trump said he would rather not use tariffs against China but called tariffs a "tremendous power." "But we have one very big power over China, and that's tariffs, and they don't want them, and I'd rather not have to use it, but it's a tremendous power over China" Since assuming office, Trump has discussed implementing a 10% penalty tariff on Chinese imports, citing concerns that fentanyl is being smuggled from China into the U.S. through Mexico and Canada. However, despite his campaign promises, he did not impose these tariffs right away. He has also issued tariff threats against the European Union, Mexico, and Canada. **The USD fell on his remarks, and is losing a little more as I post. Yuan has strengthened also - CNH to its strongest since December 11. This article was written by Eamonn Sheridan at www.forexlive.com.

1000 GMT / 0500 US Eastern time Participation by ECB President Christine Lagarde in Stakeholder Dialogue 'The global economic outlook' during World Economic Forum in DavosIMF Managing Director Kristalina Georgieva will also participate The European Central Bank is expected to cut interest rates at its meeting next week. 7 days, 4 major central bank decisions (BoJ, Federal Reserve, European Central Bank, BoC) This article was written by Eamonn Sheridan at www.forexlive.com.

The USD has slumped pretty much across the baord. AUD/USD has hit a 5 week high.CAD, EUR, AUD, NZD ... all higher. USD/JPY not dropping too much, down about 10 points or so. ' This article was written by Eamonn Sheridan at www.forexlive.com.

Trump says would rather not have to use tariffs on China. Trump speaking in an interview with says he thinks can make a deal with ChinaTrump spoke with China's President Xi on Thursday. Xi must have made a convincing case. This article was written by Eamonn Sheridan at www.forexlive.com.

It's a big day for the Bank of Japan, its expected to take its benchmark rate +25 bp to 0.5%, the highest since 2008 and the biggest rate hike since February 2007.As always, there is no firm time for the BoJ statement. Experience suggests to expect it some time in the 0230 to 0330 GMT time window.What we do have a time for is the news conference later from Bank of Japan Governor Ueda, that's due at 0630 GMT. I suspect he'll signal further rate hikes. Previews here:Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on FridayThe BOJ meet today and tomorrow and is unlikely to delay rate hike actionAnd, earlier from Japan:Japan December headline CPI +3.6% (expected +3.4%, prior 2.9%)Meanwhile, the yen is losing ground: This article was written by Eamonn Sheridan at www.forexlive.com.

The People's Bank of China have added 200bn yuan via a one-year MLF, at an unchanged rate of 2%this does not offset the 795bn yuan of MLF maturing This article was written by Eamonn Sheridan at www.forexlive.com.

The news on this is here from earlier:Monetary Authority of Singapore will slightly reduce the slope of the S$NEER policy bandRecapping/summary: Singapore’s central bank, the Monetary Authority of Singapore (MAS), eased monetary policy for the first time since 2020, citing slower growth and inflation.As background to today:MAS tightened policy five times between 2021–2022 to combat inflation.It paused tightening in April 2023 as economic growth concerns took precedence over inflation risks.MoreMAS slightly reduced the slope of its policy band for the Singapore dollar nominal effective exchange rate (S$NEER) but kept the band’s width and center unchanged to ensure medium-term price stability.Core inflation is projected to be 1.0%–2.0% in 2025, down from the previous 1.5%–2.5% forecast. It has cooled significantly from 5.5% in early 2023 to 1.8% in December.GDP growth in 2024 was 4.0%, exceeding the government’s 3.5% projection, but MAS expects slower growth of 1%–3% in 2025.The Singapore dollar initially dipped against the U.S. dollar but later stabilizedMAS indicated that further easing will depend on core inflation trends and the pace of economic slowdown. This article was written by Eamonn Sheridan at www.forexlive.com.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.The previous close was 7.2846PBOC injects 284bn yuan via 14-day RR, sets rate at 1.65% 105bn yuan mature today net injection is 179bn yuanThe longer than 7 days is the PBoC providing liquidity for the long holiday coming up (LUnar New Year). This article was written by Eamonn Sheridan at www.forexlive.com.

Trump wants lower oil prices:Trump called for OPEC to increase productionThe oil price dropped in response and that is following on here in Asia time (overnight US/Europe): This article was written by Eamonn Sheridan at www.forexlive.com.

Japan flash manufacturing PMI for January drops to 48.8, a 10-month lowprior 49.6Services 52.7prior 50.9Composite 51.1prior 50.5 ***Earlier today we got Japan's core inflation rate (in December 2024) hitting a 16 month high:Japan December headline CPI +3.6% (expected +3.4%, prior 2.9%)Keeping the Bank of Japan well on track for a rate hike later today:Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on FridayThe BOJ meet today and tomorrow and is unlikely to delay rate hike action This article was written by Eamonn Sheridan at www.forexlive.com.

GfK Consumer Confidence data for the UK in January 2024 plunged to -22, its worst in a yearexpected -18, prior -17the sharpest December-to-January decline since 2011The GfK survey is not adjusted for seasonal factorsit typically declines in January, but this drop was more pronounced than usualall five components of the index fell***ps. The Bank of England is widely expected to cut interest rates at its next meeting on February 6. This article was written by Eamonn Sheridan at www.forexlive.com.

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. How the process works:Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value. This article was written by Eamonn Sheridan at www.forexlive.com.

Monetary Authority of Singapore is Singapore's central bank. Policy decision statement today, in brief:MAS says no change to the width of the policy band or the level at which it is centred.MAS says it will reduce slightly the slope of the S$NEER policy band.MAS says the measured adjustment is consistent with a modest and gradual appreciation path of the S$NEER policy band that will ensure medium-term price stability.Singapore’s MAS says Singapore’s GDP growth is projected to moderate over 2025.Singapore’s MAS says the Singapore economy is forecast to expand at a slower pace of 1.0–3.0% this year.Singapore’s MAS says MAS core inflation is now forecast to average 1.0–2.0% in 2025, lower than the previous forecast of 1.5–2.5%.Singapore’s MAS says CPI-all items inflation is forecast to average 1.5–2.5% in 2025.Singapore’s MAS says MAS core inflation has moderated more quickly than expected and will remain below 2% this year.Singapore’s MAS says Singapore’s growth momentum is expected to slow over this year.Singapore’s MAS says Singapore’s growth momentum is expected to outperform in H2 2024. SGD weakened initially but is little changed as I update:***Note that the MAS's key monetary policy tool is its exchange rate policy. It adjusts the exchange rate of its dollar (SGD) instead of changing domestic interest rates like most other economies.It manages the SGD exchange rate against a basket of currencies of Singapore's major trading partners.sets the path of the policy band of the Singapore dollar nominal effective exchange rate (S$NEER)this serves to strengthen or weaken the local currency against those of its main trading partnersS$NEER is a combined index made up of bilateral exchange rates between Singapore and its major trading partnersis a trade-weighted exchange rateMAS permits the S$NEER to move up and down within the policy band (exact levels are not disclosed). If it goes out of this band, the MAS steps in by buying or selling Singapore dollars.The policy band has three parameters that the MAS can adjust:the slope, the level and the widthadjusting the slope will influence the pace at which the Singapore dollar strengthens or weakensadjusting the level, or mid-point, of the policy band allows for an immediate strengthening or weakening of the S$NEER,widening the policy band allows for more volatility of the S$NEERthese parameters are what are reviewed This article was written by Eamonn Sheridan at www.forexlive.com.

Hong Kong's South China Morning Post reports that Shangai is considering plans to bypass China's 'Great Firewall'. As part of efforts to attract more foreign investment. *** China's Great Firewall is a state-controlled internet censorship and surveillance system that restricts access to foreign websites, limits online content, and monitors internet activity within the country. Operated by the Chinese government, it blocks major platforms like Google, Facebook, Twitter, and YouTube while promoting domestic alternatives such as Baidu, WeChat, and Weibo. The system employs various techniques, including IP blocking, DNS filtering, keyword censorship, and deep packet inspection, to regulate online information and maintain government control over digital communication. While designed to protect national security and promote domestic tech growth, it also limits free speech and access to global information, forcing users to rely on VPNs and other circumvention tools to bypass restrictions. This article was written by Eamonn Sheridan at www.forexlive.com.

Japan inflation data for December 2024, all figures are y/y.Headline overall inflation rate 3.6%Expected 3.4%, prior 2.9%the m/m rate is +0.6% (prior 0.4%)Core Inflation Rate 3.0%Expected 3%, prior 2.7%Inflation Ex-Food and Energy 2.4% prior 2.4%If anyone at the Bank of Japan was waiting to see this data before hiking rates (which I doubt) this clears the deck. The BoJ is expected to take its short-term rate to 0.5% at today's decision. ***The past six months have shown a drift higher for Japanese inflation overall, with a more noticeable jump in November:July 2024: The core CPI, which excludes fresh food prices, increased by 2.7% y/y, up from 2.6% in June.August 2024: The core CPI rose by 2.8% y/y, matching market expectations and marking the fourth consecutive month of acceleration.September 2024: The core CPI growth slowed to 2.4% y/y, primarily due to the implementation of energy subsidies.October 2024: The core CPI, which excludes fresh food prices, increased by 2.3% year-on-year (y/y). This marked a slight deceleration from the previous month's growth rate. The slowdown was primarily attributed to the base effect of the prior year's government decision to halve subsidies aimed at curbing fuel costs.November 2024: The core CPI rose by 2.7% y/y, indicating an acceleration in inflation. This uptick was largely due to the government's reduction of electricity and gas subsidies, which led to higher energy prices.***Still to come from Japan is the expected rate hike from the BoJ:Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on FridayThe BOJ meet today and tomorrow and is unlikely to delay rate hike actionAs always, there is no firm time for the BoJ statement. Experience suggests to expect it some time in the 0230 to 0330 GMT time window. A rate hike is widely expected today. When there is some sort of change of policy expected the announcement is more likely to come later in that time window than earlier This article was written by Eamonn Sheridan at www.forexlive.com.

South Korea's acting President Choi Sang-mok instructed authorities to closely track policy shifts in the U.S. administration and global financial markets to ensure stability in domestic markets.Domestic markets in South Korea have seen more action than usual after the marital law incident in early December. Financial authorities there pretty much announce they are watching this on a day to day basis. This article was written by Eamonn Sheridan at www.forexlive.com.

I posted on Trump's shrill insistence earlier:ICYMI - Trump will "demand that interest rates drop immediately"Trump spoke to the World Economic Forum in Davos via video link:"With oil prices going down, I'll demand that interest rates drop immediately, and likewise they should be dropping all over the world,"Adding a little more now, from further comments made by Trump at the White House:"I think I know interest rates much better than they do, and I think I know it certainly much better than the one who's primarily in charge of making that decision," Trump wants to fire Federal Reserve Chairman Jerome Powell. This article was written by Eamonn Sheridan at www.forexlive.com.

S&P Global Australian Flash PMIs for January 2025:>Manufacturing PMI: 49.8 prior was 47.8jumps to a 12- month highServices PMI 50.4 prior 50.86-month lowComposite 50.3 prior 50.25-month high From the reports, comments from Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence:“The first set of S&P Global Flash Australia PMI data for 2025 brought positive news with Australia’s private sector remaining in growth territory amid rising services activity, while manufacturing output stabilised after falling for over two years straight. “Incoming new orders meanwhile expanded at an accelerated rate, hinting at further growth in the near term. That said, the uptick in new work was underpinned mainly by improvements in domestic demand, as the reduction in export orders, particularly in the manufacturing sector, outlined the uncertainties pertaining to external trade. “Rising inflationary pressures observed from these early PMI indicators also outlined a challenging outlook for sales. Not only have rising prices dampened sales thus far according to anecdotal evidence, the potential to keep interest rates elevated for longer also poses a threat to the outlook for growth in 2025. Overall, S&P Global Market Intelligence forecasts growth at 2.1% for Australian GDP in 2025.”***Final January data are published on 3 February for manufacturing and 5 February for services and composite indicators. This article was written by Eamonn Sheridan at www.forexlive.com.

According to Bank of America's January global fund managers' survey, the biggest threats to risky assets in 2025 are a sharp rise in bond yields, U.S. Federal Reserve rate hikes, and a global trade war. Among the surveyed fund managers, 36% identified a disorderly increase in bond yields as a major concern, 31% pointed to Fed rate hikes, and 30% highlighted a trade war. The greatest tail risk—an unlikely event that could lead to significant losses—was inflation forcing the Fed to raise rates, cited by 41% of respondents. On the positive side, 38% of fund managers viewed faster economic growth in China as the most beneficial development for risky assets. This article was written by Eamonn Sheridan at www.forexlive.com.

Trump spoke via video link to the World Economic Forum in Davos, Switzerland.There were a few items of note, the biggie for me was:“I’ll demand that interest rates drop immediately,” “And likewise, they should be dropping all over the world. Interest rates should follow us all over.”Reports note that Trump did not mention the Federal Reserve by name. Which is neither here nor there really, its not like his comments were aimed at the Reserve Bank of Australia or something! More:Forexlive Americas FX news wrap: Trump speaks at Davos, US stocks hit a record"Did you hear something?" This article was written by Eamonn Sheridan at www.forexlive.com.

US initial jobless claims 223K vs 220K estimateTrump reiterates Feb 1 data for Canada and Mexico tariffsTrump: Zelensky told me he's ready to make a dealCanada November retail sales 0.0% vs +0.2% expectedEIA weekly US crude oil inventories -1017K vs -1645KAlcoa highlights resilient aluminum demand in a good sign for the global economyMarkets:Gold flat at $2753WTI crude oil down $1.18 to $74.26S&P 500 up 0.5%US 10-year yields up 4.5 bps to 4.64%JPY leads, USD lagsTrump continued to talk about tariffs on Wednesday in an appearance at Davos but the effect on the market was minimal. There was some initial US dollar buying but it quickly faded by around 50 pips in a move the other way. Trump did rattle some other cages, particularly in oil where he caused for OPEC to increase production. That led to a $1.50 decline in oil prices from where they were trading beforehand. He made the call saying that it would drive Russia to make peace in Ukraine but let's not forget that Russia is an integral part of OPEC+.Late in the day, Trump also reiterated Mexico and Canada tariffs for Feb 1, though it only led to a 12 pip move in the loonie.The crypto market was also bounced around as he signed an order regarding a committee to investigate a digital asset reserve but the reaction was mixed, in part because some of that was already priced in. There was also some regurgitation of a report from last week highlighting that a reserve could prioritize coins 'founded in the USA' rather than bitcoin.Finally, power generation companies rallied once again as Trump once again talked about doubling US electrical capacity.In FX, the overall moves were small with the largest one coming in the yen as traders de-risk ahead of the BOJ decision. This article was written by Adam Button at www.forexlive.com.

USD/CAD rose on this, though only by a dozen pips to 1.4377.Yesterday Deutsche Bank argued that USD/CAD would go to 1.53 with tariffs and as high as 1.61 in a trade war, so you can see that the market is pricing this more as a threat than a reality. This article was written by Adam Button at www.forexlive.com.

Trump said earlier today that he wants the war in Ukraine to end.Reuters also had an interesting report today citing "five sources with knowledge of the situation" that Putin is concerned about distortions in Russia's wartime economy.That has contributed to the view within a section of the Russian elite that a negotiated settlement to the war is desirable, according to two of the sources familiar with thinking in the Kremlin.There is also this line:Putin believes key war goals have already been met, including control of land that connects mainland Russia to Crimea, and weakening Ukraine's military, said one of the sources familiar with thinking in the Kremlin.It all makes me wonder if the groundwork isn't being laid for an end to the war. This article was written by Adam Button at www.forexlive.com.

If you look at the composition of the Fed, even after Trump fills upcoming appointments, there just aren't the votes for Trump to sway the Fed.We're going to be hearing him barking about interest rates for the next four years but I think it's a waste of energy to worry about it and it won't be a market mover. This article was written by Adam Button at www.forexlive.com.

We will await the details but an aide cited by Reuters said one of the orders is in regards to establishing a commission on science and technology.Update: President Donald Trump signed an Executive Order establishing a Presidential Working Group on Digital Asset Markets to develop a framework for crypto.The Executive Order on Crypto tasks the working group with developing a framework for regulations and the creation of a strategy national digital asset stockpile.Earlier today Trump pledged to make the US the world leader in crypto. This article was written by Adam Button at www.forexlive.com.

Bloomberg earlier reported that Trump would sign an executive order around this time. It's not clear on what the topic will be but it's worth watching closely. This article was written by Adam Button at www.forexlive.com.

Bank of America maintains a cautious stance on EUR against G10 currencies in the near term due to trade uncertainty, weakened risk sentiment, and relative monetary policy dynamics, particularly following strong US economic data. They see opportunities in EUR/JPY and EUR/CAD downside trades.Key Points:Drivers of EUR Caution:Trade Uncertainty:Worsened risk sentiment and uncertainty around global trade policies continue to weigh on EUR, particularly against "high-beta" G10 currencies.While trade uncertainty has retraced from its November peak, lingering concerns remain a significant headwind for EUR.Relative Monetary Policy:The ECB’s pricing is viewed as bearish, especially in comparison to the Federal Reserve, which continues to display a more hawkish stance following the robust US December jobs report.Positioning Risks:USD Positioning:Extended USD long positioning raises concerns for a potential pullback.This dynamic adds a degree of caution to outright EUR/USD downside trades, leading BofA to favor cross-specific strategies.Euro Area Sentiment:BofA notes that Euro-area bearishness is becoming stretched, creating potential limits to further near-term EUR declines.Preferred Trades:EUR/JPY Downside:Monetary policy divergence with a potentially hawkish BoJ provides room for EUR/JPY weakness.EUR/CAD Downside:The CAD's relative resilience and potential trade uncertainties favor EUR/CAD downside in the near term.Conclusion:While EUR sentiment remains weighed down by trade uncertainty and ECB policy divergence, extended USD positioning leads BofA to favor EUR/JPY and EUR/CAD downside over broad-based EUR weakness. These cross-trades offer tactical opportunities amidst stretched bearish positioning on the Eurozone. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. This article was written by Adam Button at www.forexlive.com.

Trump's performance at Davos today was fairly inspirational and showed some vision for growing the US and if they get to anything like a 15% corporate tax rate (from 21%), that would be a wildly-positive outcome. We will ignore the deficit worries for now. This article was written by Adam Button at www.forexlive.com.

High yield 2.243%WI 2.232%Tail 1.1 bpsBid to cover 2.48X vs 6 month average of 2.41XDirects 16.7% vs 18.5% averageIndirects 66.51% vs 71.8% average. This article was written by Greg Michalowski at www.forexlive.com.

The price of the major European indices are closing higher and continueing the run in 2025German Dax, +0.74%. The price is up 7.55% this year, and closed at a new record.France's CAC +0.70%. The price is up 6.94% this year and closed at the highest level since June 2024UK FTSE 100, +0.23%, The price is up 4.80% this year, and closed at a new record levelSpain's Ibex, +0.92%. The price is up 3.42% this year. Italy's FTSE MIB +0.72%. The price is up 5.64% this year. This article was written by Greg Michalowski at www.forexlive.com.

Prior was -1962KGasoline +2332K vs +2281K expectedDistillates -3070K vs +283K expectedRefinery utilization -5.8% vs +0.8% expectedThat drop in refinery utilization highlights some of the issues around cold weather lately. WTI fell shortly before the report after Trump called for OPEC to pump more.Here were the private inventory numbers yesterday:Crude +1000KGasoline +3200KDistillates +1900K This article was written by Adam Button at www.forexlive.com.

The US dollar declined modestly across the board during Trump's appearance in Davos after initially rallying.Trump talked about tariffs across the board as a way to raise money for tax cuts. On the initial talk of tariffs, the US dollar briefly jumped but that move was steadily faded afterwards. It's shown on the cable chart in a drop to 1.2300 then up to 1.2350.Perhaps some of the selling was on Trump talking about lowering interest rates, though he certainly doesn't have the power to overrule the Federal Reserve.The bond market hasn't exactly endorsed the move with 10-year yields still up 4.5 bps on the day and near the highs. Two year yields are down about 1.5 bps so maybe there is some fuel there but it's tough to square.A bigger move came in oil, which fell about $1.20 to $74.50 after Trump said he would ask Saudi Arabia and OPEC to "lower the price of oil". This article was written by Adam Button at www.forexlive.com.

The Turkish Lira pair against the dollar stabilized in trading near its all-time low in early trading on Thursday morning. The pair's trading stabilized

Recent signals from Trump have strongly supported gold prices, with gains reaching a resistance level of $2764 per ounce, the highest level for spot gold prices

The US Dollar against the Japanese Yen has been trading in a narrow range and a neutral position in recent trading sessions, but there have been attempts

The USD/INR is within the same price sphere it occupied at this time last week, but the currency pair over the past handful of days has certainly reacted to conditions in global Forex, yet with a calm hand.

We need to move to a neutral stanceThis follows from his remarks in the previous day here. The ECB will meet next week and is set to cut rates again by 25 bps, with a strong likelihood of another one in March as well. The rate cut for next week is fully priced in currently. This article was written by Justin Low at www.forexlive.com.

As we predicted and confirmed, the attempts of the GBP/USD currency pair to recover remain weak and await further stimulus.

For three consecutive trading sessions, the EUR/USD pair has been moving in a corrective upward trend.

The USD/ILS has fallen to values seen in the spring of 2023, this as financial institutions are clearly feeling more confident about their outlooks regarding Israel’s circumstances.

USD/MYR: The US dollar takes a dive against the Malaysian ringgit and the market looks to get noisy, with all eyes on the 4.4 level to see if USD it will hold a range or drop lower.

USD/MXN: As the US dollar bounces between 20 and 21 pesos, volatility is on the horizon and a potential upside, as traders wait for the US to levy tariffs on Mexico and the market to respond.

DAX 40: While bullish overall, the German index is a little overstretched, so a pullback could offer a great buying opportunity to pick up cheap contracts

GBP/USD: Looking bearish, and having run out of momentum the British pound is struggling against a strong US dollar, and in danger of moving down as far as the 1.21 level.

BTC/USD: Bitcoin has been choppy with a bit of a pullback though it is generally still on an upward trajectory, with all eyes watching the $110,000 level to see if it can break higher.

The GBP/USD exchange rate wavered as focus shifted from this week’s swearing in of Donald Trump to next week’s policy statements by the Bank of England (BoE) and the Federal Reserve (Fed). It was trading at 1.2330, up by almost 2% from its lowest level this month.

USD/CAD: With the threat of tariffs on Canadian goods and government uncertainty, the Canadian dollar is on the back foot and any pullback will likely see a lot of support near the 1.4350 level

The EUR/USD exchange rate was flat and hovering near its highest level since December 30th. It moved slightly above the psychological point at 1.0400, up by 2.40% from its lowest point this month as the US dollar index retreated.

XAG/USD: The market is somewhat bearish and is likely to continue to see a a potential “pairs trade”, with traders buying gold and shorting silver

Bitcoin price remained in a tight range a crypto investors waited for more actions from the Donald Trump administration. The BTC/USD pair traded at 104,450 on Thursday morning, a few points lower than the all-time high of over 109,000.

NASDAQ 100: Remaining bullish, the index looks like it could eventually break above 22,100, and go even higher, with the occasional short term pullback offering buying opportunities

Benchmark S&P 500 Equity Index Touches 6,100 Late Yesterday; Stocks Led Broadly Higher by AI Technology; President Trump to Speak Later Today

XAU/USD: Gold is looking bullish and could eventually find the momentum to make it all the way to the $2900 level

EUR/USD: The market appears bearish and it’s very likely that the euro will try to get down to the 1.03 level

Late news:Bank of Japan monetary policy board member Nakamura is attending the meeting by telephone. The BoJ says Nakamura is recovering from a possible infection. ***OK, on with the post!***The Bank of Japan raised rates in March 2024, ending its negative interest rate policy regime. The Bank increased short-term interest rates to a range of 0% to 0.1%. It followed up in July, when it further raised the key interest rate to 0.25%.Those two rate hikes were the first in (not quite) 20 years! The Bank hiked once in 2006 and 2007:The Bank is widely expected to raise its short term rate again tomorrow:Poll shows 18 out of 19 economists expect a Bank of Japan rate hike on FridayThe BOJ meet today and tomorrow and is unlikely to delay rate hike action This article was written by Eamonn Sheridan at www.forexlive.com.

BOJ signals January rate hike amid strong wage growth and yen speculation.That would seem to be a decent one-sentence summary of what's to come from the Bank of Japan statement due on Friday, January 24, 2025 Scouring around various notes on what to expect from the BoJ and the consensus that has emerged is for a rate hike on Friday. Analysts expect the central bank to raise interest rates by 25 basis points at this meeting, reinforcing the positive cycle between rising inflation and higher nominal wages.The Bank of Japan (BOJ) is growing more confident about the outcome of the 2025 spring wage negotiations, reinforcing expectations for a 25-basis-point rate hike at its January meeting. The shift in sentiment follows discussions on regional economic conditions at a branch managers' meeting on January 9, where policymakers assessed wage and inflation trends.Deputy Governor Himino stated on January 14 that many companies plan to increase wages as much as or more than last year, signaling strong labor market momentum. The following day, Governor Ueda echoed this optimism, further raising the likelihood of a policy tightening move this month.At the same time, speculative positioning against the Japanese yen has been gradually increasing. With the Federal Reserve turning less dovish due to the resilience of the U.S. economy, a decision by the BOJ to hold rates steady could trigger further yen weakness, fueling carry trades and increasing import-driven inflation, which risks eroding consumer purchasing power.The BOJ is unlikely to delay action, particularly given market reactions to Donald Trump’s first few days. This article was written by Eamonn Sheridan at www.forexlive.com.

1000 GMT / 0500 US Eastern time - Bank of England Financial Policy Committee External Member Carolyn Wilkins will give speech at Fitch Ratings ‘Geopolitics and financial stability: a plan beats no plan’Note:The Bank of England's Financial Policy Committee (FPC) was established in 2013 to improve financial stability after the financial crisisleads BoE work on financial stabilityidentifies and monitors risks that threaten the resilience of the UK financial system as a wholealso has power to take action to counter those risks FPC also has a secondary objective to support the economic policy of the Government. At least once a year, the Chancellor makes recommendations about the FPC’s responsibilities for financial stability and also about the Government’s growth and employment objectives. Wilkins is ex of the Bank of Canada This article was written by Eamonn Sheridan at www.forexlive.com.

1030 GMT / 0530 US Eastern time will bring a speech from Bank of Spain governor Jose Luis Escriva. As a governor of member back he is also a Governing Council member at the ECB. There was a cascade of ECB speakers on Wednesday:ECB's Lagarde: No US tariff is what I expectedECB's Lagarde: We're not overly concerned about export of inflation to EuropeECB's Knot sees little obstacle to another rate cut next weekECB's Stournaras says rates should be close to 2% by end of the yearECB's Villeroy: Disinflation process is still on trackECB's Escriva: a 25 bps cut next week is a likely scenarioECB's Nagel says confident inflation will return to 2% target by mid-yearECB's Rehn: We are aconfident inflation will stabilise at the target as predictedECB's Holzmann says it would be better to wait a bit longer on rate cutsECB's Makhlouf: High levels of uncertainty call for prudence in mon polEven the Swiss National Bank got into to!SNB's Schlegel: We cannot exclude negative interest rates This article was written by Eamonn Sheridan at www.forexlive.com.

An official at the People's Bank of China has gotten in line with supportive comments today says will expand the scope and increase the scale of liquidity tools to fund share purchases at proper timeAnd, more from China's securities regulator: will further improve connect schemes, expedite cross-border investment to improve attractiveness of china stocksEarlier:China to boost long-term funds for equity marketsChinese official says 100s of bns of yuan to flow into shares every year from pensionsChina official says insurance firms still have room to increase their market investmentChinese equities jumping on all the supportive new policiesUSD/CNH is relatively stable: This article was written by Eamonn Sheridan at www.forexlive.com.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.How the process works:Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.The previous close was 7.2770PBOC injects 480 billion yuan via 14-day reverse repos at 1.65%340bn yuan mature today This article was written by Eamonn Sheridan at www.forexlive.com.

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. How the process works:Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value. This article was written by Eamonn Sheridan at www.forexlive.com.

Justin had the news item overnight:ECB's Nagel says confident inflation will return to 2% target by mid-yearThe ECB is widely expected to cut rates at its meeting next week:7 days, 4 major central bank decisions (BoJ, Federal Reserve, European Central Bank, BoC) This article was written by Eamonn Sheridan at www.forexlive.com.

High levels of uncertainty in global macrofinancial environment calls for prudence in monetary policy decisionsIt's hard to tell which way to take this. He's obviously talking about tariffs and whatnot but does prudence mean using your ammo or saving it?In any case, the market is pretty much fully priced for 25 bps at the next two ECB meetings so there won't be any debate until after that. This article was written by Adam Button at www.forexlive.com.

Monetary policy will stop being restrictive in the near futureAgain, all of the commentary today has been to sell the story of rate cuts coming in January and March. So, this is consistent with that theme. This article was written by Justin Low at www.forexlive.com.

USD/JPY: A very choppy market as the Bank of Japan continues to be the focus of traders, as Friday is its next interest rate decision.

Canadian inflation fell to a slightly lower level than expected, while New Zealand’s data was in line with the consensus expectation.

USD/CAD: The US dollar is likely to strengthen against the CAD, with the 1.45 level above as a significant barrier, creating a buy-on-the-dip scenario

EUR/USD: Trump tariff tweets continue to cause volatility and this is a market in which to buy cheap US dollars

I am confident inflation will return to 2% target by middle of the yearMainly because wage momentum is normalisingAlso because economic developments in Europe remain subduedThe narrative today is just to say anything to sell the story of back-to-back rate cuts in January and March. This article was written by Justin Low at www.forexlive.com.

The USD/MYR has seen a sudden glimpse of selling the past two days and has moved from the 4.4900 level to a value around 4.440 as of this writing.

The NZD/USD has been able to produce some upwards mobility early this week which essentially saw the 0.56000 level tested and is now producing ratios next to the 0.56560 mark as of this morning.

GBP/USD: High volatility and a bearish outlook for the British pound with the potential bounce presenting an opportunity to short

BTC/USD: Bitcoin continues to look bullish, though seems to have hit a bit of a brick wall near the $110,000 level

USD/MXN: Choppy markets, as Trump turns up the heat with tariff threats on Mexico. This is a market that will continue to look at the region between 20 MXN and 21 MXN as a major barrier

After Reaching New Record High, Bitcoin Fails to Close at a High; President Trump Floats 10% Tariff on China, Threatens EU, Panama; US Dollar Continues Retreat; Bank of Japan Strongly Expected to Hike Rates by 25 bps

USD/CHF: Long-term, the US dollar is bullish against the Swiss Franc, right now this is a potential “buy on the dips” market just waiting to happen

This market has seen a rebound, rising to a high of 1.2338, up from this month’s low of 1.2100.

Jump Trading has sued a former employee, claiming he stole the crypto firm’s intellectual property to help start a rival blockchain company.

A new SEC-led task force could fast-track crypto ETFs for assets like XRP, SOL, and DOGE, promising clearer regulations, transparency, and broader investor access. SEC Task Force Could Fast-Track ETFs for XRP, SOL, DOGE Matt Mena, a crypto research strategist at 21Shares, a leading provider of cryptocurrency exchange-traded products (ETPs), believes a new cryptocurrency task […]

Ethereum price is consolidating above the $3,180 support. ETH must clear the $3,350 resistance zone to start a fresh increase in the near term. Ethereum started a fresh increase from the $3,180 support zone. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $3,220 support level. Ethereum Price Breaks Resistance Ethereum price started a decent upward move from the $3,180 level, beating Bitcoin. ETH was able to surpass the $3,220 and $3,250 resistance levels. There was a break above a key bearish trend line with resistance at $3,280 on the hourly chart of ETH/USD. The pair even surpassed $3,300 and tested $3,350. A high was formed at $3,346 and the price is now moving lower. There was a move below the $3,320 and $3,300 support levels. The price dipped below the 23.6% Fib retracement level of the upward move from the $3,181 swing low to the $3,346 high. Ethereum price is now trading above $3,250 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,350 level. The first major resistance is near the $3,370 level. The main resistance is now forming near $3,450. A clear move above the $3,450 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,580 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,350 resistance, it could start another decline. Initial support on the downside is near the $3,260 level. The first major support sits near the $3,220. A clear move below the $3,220 support might push the price toward the $3,180 support. Any more losses might send the price toward the $3,120 support level in the near term. The next key support sits at $3,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,250 Major Resistance Level – $3,350

Atari has teamed up with DYLI, a social e-commerce platform, to drop 500 collectible packs, including a rare item signed by its founder.

On Thursday, Jan. 23, Ross Ulbricht, the founder of the infamous Silk Road marketplace, broke his silence for the first time since receiving a pardon from U.S. President Donald Trump. In a public statement, Ulbricht emphasized his newfound freedom, making it clear to the world that “Donald Trump is a man of his word.” Ross […]

Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange’s hot wallets, resulting in a temporary half of withdrawals. Related Reading: Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level Phemex Suffers First Crypto Exchange Hack Of 2025 On Thursday morning, the first crypto exchange hack of the year hit the industry. Multiple reports revealed suspicious activity involving Phemex’s hot wallets was taking place over several chains. Blockchain security firm Cyvvers shared on X it had detected multiple transactions to several suspicious wallets on different chains, “including BNB, ETH, OP, POL, BASE, and ARB.” The security firm’s initial report stated that over $29 million worth of crypto had been transferred to the suspicious addresses, later raising the sum. “Upon deeper analysis, it has come to light that both BTC and TRON blockchains have also been impacted, with the estimated total loss now reaching approximately $37 million,” the update read. Cyvvers seemingly identified around 125 suspicious transactions spread across the different blockchains and noted that the attackers had started swapping the tokens to Ethereum (ETH) to avoid potential freezing measures. Meanwhile, on-chain data analysis firm Lookonchain broke down the crypto heist, stating that the hack had taken around $31 million worth of crypto assets. According to the analysis, 3.48 million USDC, 3.42 million USDT, and 841 ETH, worth $2.7 million were drained from the exchange’s hot wallet. Additionally, the attackers took 110,701 LINK, 142 billion PEPE, 1.19 million FET, and 29,509 AVAX, valued at around $7.3 million combined. Lookonchain also listed ONDO, TRX, CRV, JASMY, AAVE, SHIB, GRT, and BRETT, as part of the stolen crypto assets. Compensation Plan In The Works After the news, Phemex CEO Federico Variola confirmed the attack on one of the crypto exchange’s hot wallets. Variola assured users that Phemex’s cold wallets remained safe and that they were investigating the reports. The exchange then announced on X the temporary halt of withdrawals due to the emergency inspection and strengthening of the security measures but did not offer further details about the incident. To ensure security, withdrawals have been temporarily suspended while we conduct an emergency inspection and strengthen wallet services. We sincerely apologize for the inconvenience. Withdrawals will be restored soon. Phemex and the development team apologize for the disruption. Our mission to provide a seamless and trusted trading environment remains firm. Nonetheless, the post stated that ongoing business operations were fine and that trading services continued as usual. Phemex’s team also revealed they are working on a compensation plan, which will be announced soon. It’s worth noting that, in 2024, the number of hacks and total value lost increased from the year prior. According to Chainalysis data, 2024 was the fourth consecutive year in which the funds stolen from crypto hacks exceeded the billion-dollar mark. Related Reading: Number Of New Trump-Themed Malicious Tokens Spike 206% After Official Memecoin Launch Additionally, the total value stolen surged to $2.2 billion last year, and it became the year with the most individual hacks, reaching 303 incidents by December. Centralized exchanges (CEXs) were the most targeted platforms in Q2 and Q3, recording some of the largest incidents in the industry’s history, while Decentralized finance (DeFi) platforms accounted for the largest share of stolen assets in Q1, like most quarters between 2021 and 2023. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $102,000 support zone. Bitcoin Price Eyes Fresh Increase Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the $105,500 and $106,000 levels. The bulls even pushed the price above the $106,500 level. However, the bears were active near the $106,800 zone. A high was formed at $106,833 and the price is now correcting gains. There was a move below the $105,000 level. There was a move below the 50% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. Bitcoin price is now trading below $104,000 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $102,000 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $104,000 level. The first key resistance is near the $105,500 level. A clear move above the $105,500 resistance might send the price higher. The next key resistance could be $106,800. A close above the $106,800 resistance might send the price further higher. In the stated case, the price could rise and test the $108,200 resistance level and a new all-time high. Any more gains might send the price toward the $110,000 level. More Losses In BTC? If Bitcoin fails to rise above the $104,500 resistance zone, it could start a downside correction. Immediate support on the downside is near the $102,500 level or the 76.4% Fib retracement level of the upward move from the $101,281 swing low to the $106,833 high. The first major support is near the $101,250 level. The next support is now near the $100,500 zone. Any more losses might send the price toward the $88,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $102,500, followed by $101,250. Major Resistance Levels – $104,500 and $105,500.

Cornerstone Research says the US Securities and Exchange Commission launched 33 crypto-related lawsuits last year, down from 47 in 2023.

Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning […]

The meme coin craze has made its way to Ronin thanks to Tama Meme, a Pump.fun-like launchpad on the Ethereum gaming network.

Better Markets filed an amicus brief in the SEC vs. Ripple case, criticizing the court’s ruling for ignoring the economic realities of Ripple’s XRP token sale. District Court Failed to Appraise Today’s Investor Better Markets, a non-profit committed to building a resilient financial system, has filed an amicus brief in the case between the U.S. […]

On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow suit, as increased token burn often influences a cryptocurrency’s price movements.  Shiba Inu Burn Rate Skyrockets Over 600% Shibburn, the official Shiba Inu token burn tracker, has just reported a dramatic increase in burn rate, with over 3.24 million SHIB tokens permanently removed from circulation. The tracking platform revealed that the SHIB token burn rate shot up by approximately 612.78% in less than 24 hours. This spike represents one of the most significant one-day increases in recent weeks. Related Reading: Shiba Inu Burn Skyrockets 1,068% Amid Market Bleed, Can Bullishness Push Price Above $0.00003 Again? Typically, a surge in a token’s burn rate is largely attributed to community-led initiatives focused on reducing the cryptocurrency’s supply and potentially inducing scarcity. Considering the large size and strong dedication of the Shiba Inu community, it’s not uncommon to see occasional spikes in burn rates. The community has been a strong advocate for token burns, believing that a supply reduction could trigger a price surge for SHIB.  Despite the latest burn and substantial decrease in SHIB’s circulating supply, the meme coin’s price has yet to demonstrate any significant upward movement. In fact, Shiba Inu appears to be on a downtrend, as CoinMarketCap reports a 1.6% decline in the last 24 hours and a previous 9.3% drop over the past week.  Currently, the price of SHIB is trading at $0.00002, experiencing no recent increases, while its 24-hour trading volume has crashed by 46.33%. Nevertheless, this lack of immediate price action and present bearish conditions does not rule out the potential for a future rally in Shiba Inu.  Supporting this possibility of a bull trend driven by heightened token burns, crypto analyst Rananjay Singh commented on the recent 612% spike in the Shiba Inu burn rate on X (formerly Twitter). Singh explained that when a cryptocurrency’s supply declines and demand stays strong, prices tend to increase significantly. Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For The analyst suggests that increased token burns, upcoming updates in the Shiba Inu ecosystem, and the growing excitement among community members could potentially trigger substantial gains for the meme coin in 2025.  What’s Next For The SHIB Price? ‘Shib Spain,’ a popular SHIB supporter on X, has predicted that a massive pump could be on the horizon for the meme coin. The analyst connects Ethereum’s price action with Shiba Inu’s, sharing a detailed chart that showed instances when ETH experienced a price reversal and underwent a significant rally. Although the meme coin was not indicated on the chart, the analyst’s mention likely ties his projected SHIB price pump to an increase in ETH. This suggests that if Ethereum experiences a price surge, altcoins like Shiba Inu could follow suit, potentially sparking a significant uptrend. Featured image from Unsplash, chart from Tradingview.com

“Bitcoin” wasn’t mentioned once in Trump’s executive order to study a crypto stockpile, so some maximalists fear it could include other cryptocurrencies.

Untouched Bitcoin wallets potentially linked to Ross Ulbricht and Silk Road are now worth over $47 million.

The letter to federal regulators warns the TRUMP meme coin opens up covert foreign influence, urging regulators to answer the call.

The pre-authorization for Okx brings it closer to obtaining a complete MiCA license after establishing a dedicated MiCA hub in Malta. Okx Inches Closer to Full MiCA License Okx Exchange has announced the receipt of Markets in Crypto-Assets Regulation (MiCA) pre-authorization for Virtual Financial Assets (VFA). This is a precursor to obtaining a full MiCA […]

Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as traders respond to uncertain conditions and Bitcoin’s consolidation near all-time highs. Related Reading: Ethereum Is Ready For The Next Big Move – Analyst Shares Bullish Target Despite the recent dip, optimism remains among analysts and investors. Top analyst Ali Martinez shared a technical analysis on X, highlighting a bullish perspective for Chainlink. According to Martinez, LINK is currently in the midst of a bullish breakout that, if sustained, could propel the price toward a $50 target. This long-term outlook offers hope for those concerned about the recent retracement, positioning Chainlink as a potential standout in the altcoin market. As volatility continues to dominate, Chainlink’s ability to navigate these conditions and hold above key levels will be crucial for its bullish trajectory. With analysts pointing to the potential for significant upside, the market is closely watching LINK’s price action in anticipation of its next move. The coming days will reveal whether Chainlink can capitalize on its current setup and emerge as a leader in the altcoin space. Chainlink Prepares For A Breakout  Chainlink (LINK) has emerged as a bullish standout amid a volatile crypto market, displaying resilience and strength even as altcoins face aggressive selling pressure and uncertainty. With its price maintaining a clear bullish structure, Chainlink appears poised for another upward move, signaling confidence among investors despite broader market turbulence. Renowned crypto analyst Ali Martinez recently shared a technical analysis on X, highlighting Chainlink’s strong position. According to Martinez, LINK is currently in the midst of a bullish breakout, with a target set at $50. This optimistic projection is supported by the token’s ability to consolidate above critical demand levels, further reinforcing its bullish outlook. Beyond the technicals, Chainlink’s strong fundamentals add to its appeal. As a pioneer in Oracle blockchain technology, Chainlink continues to cement its leadership in the Real-World Assets (RWA) sector. Its cutting-edge solutions, which enable seamless data integration between blockchains and traditional systems, have garnered widespread adoption and positioned Chainlink as an indispensable part of the decentralized finance ecosystem. Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details As Chainlink consolidates its gains and prepares for the next leg higher, all eyes are on its ability to maintain its structure and capitalize on its bullish momentum. With both technical and fundamental indicators aligning, LINK is well-positioned to weather market volatility and lead the altcoin recovery. Investors are watching closely as Chainlink continues to set itself apart in the evolving crypto landscape, with its $50 target representing a potential milestone in its ongoing growth. LINK Holding Strong Above Key Level Chainlink (LINK) is currently trading at $24.26, a pivotal level that has transitioned from a stubborn resistance to a strong support zone. This shift marks a significant milestone for LINK, as the $24 level had acted as a supply zone for weeks. Now holding firmly as support, it signals that bulls have regained control, setting the stage for a potential surge. The price action suggests that LINK is building momentum to break above the $27 mark, a critical level that could trigger a more explosive rally. With the broader market facing uncertainty and heightened volatility, LINK’s ability to maintain key demand zones showcases its relative strength and investor confidence. This bullish setup positions Chainlink as a standout performer among altcoins, as it continues to weather market turbulence. If bulls can maintain control and push above $27 with conviction, the next rally could propel LINK into higher targets, potentially sparking renewed interest and activity in the altcoin market. Related Reading: XRP Whales Keep Loading Up Their Bags – 100 Million XRP Accumulation In 48 Hours As traders closely monitor these developments, Chainlink’s resilience at the $24.26 level underscores its potential for significant upside. The coming days will be crucial in determining whether LINK can sustain its bullish structure and capitalize on this opportunity to lead the market higher. Featured image from Dall-E, chart from TradingView

The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry.

Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.

OpenAI's latest tool turns its chatbot into a virtual assistant that can book flights, order pizza, and handle mundane tasks.

After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting The world’s largest cryptocurrency has been on a bullish trajectory since November, fueled by Donald Trump’s victory in the US presidential election. Over the past three months, BTC has surged from approximately $67,000 to $104,536 at the time of writing, posting gains of over 50%. Related Reading: Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says However, crypto analyst Krillin predicts that BTC may continue to “chop” in the $100,000 to $110,000 range until the FOMC meeting. The analyst suggests that unless the Bank of Japan takes extraordinary policy measures, BTC is unlikely to break out of this range before the end of the month. At present, the CME FedWatch tool indicates a 99.5% probability that the US Federal Reserve (Fed) will not cut interest rates at the upcoming meeting. Krillin expects a market dump to follow the anticipated hawkish meeting, which may be partially offset by a dovish-sounding press conference hinting at future quantitative easing (QE). For the uninitiated, QE is a monetary policy where central banks inject money into the economy by purchasing government bonds and other financial assets to lower interest rates and stimulate economic activity. This increased money supply can weaken fiat currencies, potentially driving investors toward assets like BTC, boosting its price as a hedge against inflation and currency devaluation. Krillin’s prediction aligns with a recent market observation which states that BTC profit-taking has declined by 93% from its December peak, and that the long-term holders are back in accumulation mode, preparing for the next leg up. However, how long the current consolidation phase may last is anyone’s guess. Meanwhile, crypto analyst Ali Martinez notes a sharp decline in capital inflows into the digital assets market, from $134 billion on December 10 to $43.37 billion. This low liquidity could result in sharp price swings, increasing the risk of liquidations for leverage traders. Will BTC Peak In Q2 2025? As BTC awaits the FOMC meeting to determine its next price trend, some analysts remain optimistic that the cryptocurrency could hit its market cycle peak in Q2 2025 as more institutions embrace the asset under favourable regulations. Related Reading: Bitcoin May Target $145,000 To $249,000 Under Trump Administration: Report For example, crypto analyst Dave The Wave recently predicted that BTC will likely peak in the summer of 2025. A report by Bitfinex supports this outlook, forecasting that Bitcoin could surge to $200,000 by mid-2025, albeit with minor corrections along the way. That said, Bitcoin must defend the $100,000 price level, as failure to do so could see the asset drop to as low as $97,500. At press time, BTC trades at $104,536, up 1.4% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale (GIGN). David Balland Rescued After Two-Day Manhunt Ledger co-founder David Balland was rescued late Wednesday evening after being kidnapped on Tuesday in the small French town of Vierzon by […]

Senator Elizabeth Warren urged DOGE Chair Elon Musk to cut wasteful spending, proposing full IRS funding and closing the carried interest loophole.

Bitcoin price fell after US President Donald Trump signed an executive order creating a working body for researching and designing a “national digital asset stockpile.”

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Top Chinese crypto traders earn millions on TRUMP, Coinbase may expand to Philippines, what on Earth is Bimcoin? Asia Express.

The Ethereum co-founder warned against crypto projects offering “sugar-high short-term fun” rather than those used to build wealth.

Solana’s increasing popularity has seen the blockchain outpace Ethereum with over 5 billion dex transactions and 344 million active addresses in the past three months. Solana’s Impressive Transaction Volume Underscores Its Potential to Rival Ethereum Over the past three months, Solana has eclipsed Ethereum in several key metrics, as it makes it claim to be […]

The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate.

President Donald Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets on Thursday, according to reporting by Fox Business, opening the door to a potential “strategic national digital asset stockpile.” David Sacks, White House A.I. and crypto czar will lead the group, which will include key figures such as […]

The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.

Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.

Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving investors optimistic about its potential for further gains in the coming weeks. Related Reading: Ethereum Is Ready For The Next Big Move – Analyst Shares Bullish Target Top analyst Jelle has weighed in on the situation, providing a detailed technical analysis that offers insight into SOL’s current price action. According to Jelle, Solana is experiencing “more violent moves, as expected,” while compressing around its previous all-time highs. This compression is a natural phase following such a significant rally and is seen as a healthy consolidation that could set the stage for the next leg higher. With key levels holding firm and sentiment improving, Solana appears well-positioned for a potential breakout. Investors are closely monitoring the market dynamics as SOL prepares for what could be another major surge. As one of the standout performers in the crypto market, Solana’s ability to navigate this volatility and push past resistance levels will be crucial in determining its trajectory in the weeks ahead. The coming days could mark the start of a new chapter in SOL’s impressive journey. Solana Testing Crucial Liquidity  Solana has been making headlines with its aggressive price movements, especially after breaking its all-time high (ATH). Following its impressive rally, SOL has entered a phase of consolidation while holding key demand levels, signaling the potential for sustained bullish momentum. This period of compression is seen as a natural and healthy part of the market cycle, especially after such a strong upward move. Crypto analyst Jelle recently shared a detailed technical analysis on X, shedding light on Solana’s current market behavior. According to Jelle, SOL has experienced violent price action moves as it compresses right around its previous all-time highs. This consolidation phase, while volatile, is necessary to build a solid foundation for the next leg higher. Jelle noted that it’s encouraging to see key levels holding firm, adding that it feels like it’s only a matter of time before Solana resumes its bullish trajectory. Analysts across the board remain optimistic about Solana’s outlook, with many predicting that the coming months will be extremely bullish if SOL can maintain its current structure. Holding these key demand levels is critical to sustaining momentum, and a breakout from this consolidation phase could propel Solana into new price discovery. Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details As one of the most promising blockchain networks in the crypto space, Solana’s resilience amid aggressive price action highlights its strength and growing investor confidence. With technical and fundamental indicators aligning, Solana is poised to remain a standout performer as the market anticipates its next move. The coming weeks will be pivotal in determining whether SOL can capitalize on its strong foundation and deliver another wave of significant gains. Price Action Details: Key Levels To Hold Solana (SOL) is currently trading at $243, down over 10% since yesterday as the broader altcoin market faces selling pressure. This decline comes amid Bitcoin’s consolidation just below its all-time high (ATH), which has left altcoins struggling to maintain bullish momentum. For SOL to recover and regain upward traction, it is crucial for bulls to defend the current price levels. Holding above $243 is key to preventing further downside, while a decisive push above the $265 resistance mark would signal a return to strength. Breaking this level with conviction could reignite investor confidence and set the stage for a renewed rally. Related Reading: MVRV Pricing Bands Suggest Ethereum Cycle Peak Is Still Ahead – Analyst Sets $7,000 Target However, the risks of a deeper correction remain if SOL fails to hold support. A drop below $230 would likely trigger additional selling pressure, leading to extended losses and testing lower demand zones. Such a move would challenge Solana’s recent bullish structure and delay its chances of a recovery. Featured image from Dall-E, chart from TradingView.

The Azuki-linked Animecoin Foundation has launched the ANIME token on Ethereum and Arbitrum with an airdrop. Here are the essential details.

Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex’s hot wallets across several chains. Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB. In its Jan. 23 alert, the security firm noted that the suspicious […]

BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?

Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs.

Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.

The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference.

Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions.  Crypto analyst Kevin (Kev_Capital_TA) noted a significant range between $96,000 and $111,000, calling it the most pivotal zone on Bitcoin’s liquidation heatmap. This zone could determine the market’s next trajectory after months of back and forth movement trading between this range. Bitcoin’s Liquidity Heatmap Highlights Key Levels According to Kevin’s analysis, which he posted on social media platform X, large liquidity blocks dominate the range between $96,000 and $111,000, which has created an important zone for Bitcoin traders to keep an eye on. Related Reading: This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next Liquidity heatmaps visualize areas where buy and sell orders accumulate, often serving as potential reversal or breakout points. The presence of significant liquidity in this range suggests that the market could experience heightened volatility once Bitcoin approaches these levels, and inexperienced investors could be caught up in the price action. The liquidity blocks within this range are highlighted in green in the Bitcoin price chart below. These green zones are high-activity zones that act as a magnet for price action. Notably, the largest liquidity cluster lies near $109,700, slightly above Bitcoin’s current all-time high of $108,786, achieved just three days ago. This proximity to this all-time high means that Bitcoin could undergo another strong price action once it reaches this level. There are many market participants with buy and sell orders here around $109,700. Bitcoin Needs To Break Above its Prolonged Sideways Trading Kevin also pointed out Bitcoin’s extended period of sideways trading, which has tested the patience of many investors. He noted that Bitcoin traded sideways for eight months at the end of 2024, followed by a brief surge in price, only to return to another three-month period of low volatility. Related Reading: Bitcoin Upper Band Moves Above $105,400 – Where Price Is Headed Next Since then, however, the strong bullish momentum has yet to repeat itself. Although long-term holders may still be in profit, short-term traders are feeling the most strain from the lack of any substantial upward price action. The first step in repeating bullish momentum would be to break above the upper end of the liquidation zone at $110,000.  If Bitcoin breaches this range, it could trigger a significant rally or sell-off depending on the prevailing sentiment and trading activity within the zone. However, the lack of liquidity beyond these levels also poses risks, especially below the lower end of the zone. The thinner orders means there isn’t enough hold up liquidity to reject a price breakdown. At the time of writing, Bitcoin is trading at $102,200, down by 2.8% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com

Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears.

The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory Commission (FSC) is set to unveil a draft bill for virtual asset service providers (VASPs) in June. According to a […]

The majority of projects involved the authenticity vertical, establishing confirmed identity and legitimacy through secure verification.

Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.

The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference.

The man behind popular AI bot Truth Terminal sold off a huge chunk of Fartcoin holdings, prompting a price plunge for the Solana token.

The CEO of top American bank Morgan Stanley said that he is open to working with regulators so that the firm can offer crypto services.

Following Bitwise’s and Rex Shares’ recent application for spot Dogecoin ETFs in the United States, crypto analyst Ali Martinez has provided a technical outlook suggesting Dogecoin (DOGE) could ascend to $15. His analysis, detailed in a logarithmic chart spanning from 2017 to 2025, captures a massive ascending channel that highlights the potential upward trajectory for DOGE. Dogecoin Targets $15 Martinez’s chart delineates a long-term ascending channel where Dogecoin’s price action is bounded by a structure consisting of three parallel trendlines. The lowest of these lines has consistently served as a firm support since 2017, aiding the price to stabilize during significant downturns, notably in early 2019 and again in mid-2022. The median line of the channel, which presently hovers around $0.40 to $0.45, has just been tested by DOGE as it recently surged to this level, marking a critical inflection point that was last touched in early 2022. Related Reading: Dogecoin ETF Filing Takes Market By Storm, Can Positive Sentiment Trigger 200% Rise To $1 ATH? The upper boundary of the channel, which is the focus of Martinez’s bullish forecast, is projected to climb well above $10, touching as high as $15 by late 2025. This top trendline is not just a theoretical limit but has proven to be the bull run top twice for the Dogecoin price, once in January 2018 and then in May 2021. At the last all-time high in May 2021, Doge even significantly exceeded the channel. Martinez’s prediction highlights the spot Dogecoin ETFs as potential market catalysts. He suggests that the approval and launch of such financial products could channel fresh institutional and retail investment into DOGE, propelling it towards these higher valuations. In trading terms, the current position of DOGE below the median line is pivotal. This price level has historically acted as a springboard for upward movement when sustained buying pressure is present. Should DOGE maintain its footing above this zone, the pathway to higher resistance levels around $1.00, and potentially the channel’s upper echelon near $15, appears technically feasible. Related Reading: Dogecoin Momentum Weakens: RSI Signals Bearish Continuation To $0.3 Notably, the spot Doge ETFs could hit the market as early as April, according to Bloomberg’s ETF specialist Eric Balchunas. Bitwise officially lodged the application to register a Dogecoin ETF on Wednesday. The company submitted its proposal, named the “Bitwise Dogecoin ETF,” to the Delaware Division of Corporations, which is part of the U.S. Department of State. Although such registrations can occasionally be misleading, Balchunas confirmed via X: “Bitwise Doge ETF likely coming soon.. and yes I checked and this is def legit (vs some whack job committing forgery for a quick pump a la BlackRock XRP that one time).” Registering in Delaware represents an initial step before advancing to a formal ETF submission with the Securities and Exchange Commission (SEC). This registration process sets up the legal structure that would manage the proposed ETF but does not constitute a direct application for SEC approval. This initiative follows an earlier application by investment firms Rex Shares and Osprey Funds, both of which have also filed applications for multiple cryptocurrency ETFs, including one focused on Dogecoin. At press time, DOGE traded at $0.34. Featured image created with DALL.E, chart from TradingView.com

The Silk Road founder’s financial status was unclear, but many crypto users have donated to his ”transition into his new life” since he received a presidential pardon.

The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.”

French authorities freed Ledger co-founder David Balland on Wednesday, local outlets reported, following his abduction in an apparent crypto ransom scheme.

Bitcoin is flying high Thursday as momentum builds around a potential strategic national BTC reserve under President Trump.

Former Binance CEO Changpeng Zhao will actively coach and mentor startups within the incubator.

“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant’s CEO.

A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty. Related Reading: Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs Speculation Fuels TRUMP Token’s Rally Despite its sharp decline in price (down 16% in the last 24 hours), the TRUMP token managed to outdo XRP in trading volume. The rally in trading activity in TRUMP’s token has piqued the interest of the entire cryptocurrency community, with speculation pointing towards a very strong reaction of traders to the token, probably fueled by its political branding or hype around its speculative nature. Donald Trump, the 47th president of the United States, launched the meme coin Official Trump (TRUMP), which is based in Solana, over the weekend. Its price immediately reached highs close to $80, indicating that it was a huge success at launch. At the time of writing, TRUMP was trading at $35.69, with a 24-hour trading volume surpassing XRP’s. In particular, according to CoinMarketCap data, the meme coin has experienced $8.7 billion in trade activity, compared to XRP’s $8.3 billion. Since its inception on January 17, TRUMP has experienced an incredible $38 billion in trade activity, according to CryptoQuant data released on Wednesday. Notably, big sell-offs as momentum cools are probably the cause of the recent price’s sustained high trading volume. According to Dexscreener data, sale volume has recently surpassed buy volume. Meanwhile, XRP keeps growing steadily, while holding the number one spot of the top-ranked digital assets on the market. A short-term jump in trading volumes of the TRUMP token indicated a new shift in interest into tokens that bring more volatility and rewarding trading dynamics. XRP Standing Strong Although the TRUMP token managed to take a trading volume lead over XRP temporarily, it’s not easily replaced in the long run because of its years-long presence in the market. XRP, being an old cryptocurrency, has attracted followers and institutional investment and, thus, is relatively stable in the market. Related Reading: Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode The TRUMP token is, on the other hand, a recently introduced and relatively speculative asset whose trading volume peak may prove transitory and reliant on the whim of speculative traders rather than being based on sustainable investment. The contrast between the two tokens—one propelled by excitement and the other by solid fundamentals—illuminates the divergent forces at work in the cryptocurrency market. Although XRP may be more resilient, the TRUMP coin is presently experiencing a brief period of excitement and even controversy, which highlights the market’s unpredictable nature and the factors that influence trading activity. Featured image from Gearbest, chart from TradingView

BTC price volatility returns with a vengeance as US Senator Cynthia Lummis leaks a cryptic 10am announcement.

The heated online debate over the Ethereum Foundation and a change in governance signals the need for a shift in direction, says the Consensys founder.

PEPE, MOG and Azuki’s just launched ANIME token all transcend “memecoins” to become “culture coins” says Azuki founder Zagabond: NFT Creator.

Ecosystem health is the key to blockchain’s long-term success. Cultivating transparency, strong developer tools and engaged communities, blockchain networks can grow securely and sustainably.

The minimum barrier to entry for tokenized Uranium is now just $10, down from the previous minimum of $4.2 million for over-the-counter uranium trades.

Ethereum’s new ERC-7779 token standard aims to improve smart account interoperability, simplify wallet migrations and introduces advanced features for a better user experience.

Crypto donations to extremist groups have declined worldwide but are rising in Europe, while North America remains at the top of the charts.

Clearpool co-founder and CEO Jakob Kronbichler offered his insights on the shift toward private credit tokenization and DeFi yield growth.

“I’m back with AIntivirus. An AI version of myself. You didn’t think I would miss this cycle, did you," his X account asked. But is it real?

Azuki co-founder Zagabond discusses the ANIME drop on Ethereum and Arbitrum, how the anime ecosystem can benefit, and dropping after Trump.

The non-profit has backed the SEC's appeal against Ripple, seeking to overturn a key district court ruling.

Etherealize, backed by Vitalik Buterin and the Ethereum Foundation, aims to make Ethereum the top blockchain for Wall Street.

ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false.

Bitcoiners have been waiting for this for years, but why now? And how did he get here after more than a decade in prison.

The crypto asset manager's latest business filing signals a potential expansion into a new category of ETFs made based around Dogecoin.

Award-winning films The Brutalist and Emilia Perez were called out for using AI for actors' voices. Filmmakers argue it improved them.

The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.

Rising Telegram game Trump's Empire will reward players with a crypto airdrop. Follow these tips to boost your allocation.

A recent study shows how a brain implant can decode four-dimensional movements from simple finger thoughts.

Goldman Sachs CEO David Solomon said Wednesday that he sees Bitcoin as a speculative asset rather than as a competitor to the U.S. dollar.

Stack up free animal feed to boost your Zoo game airdrop. Here are the daily riddle and rebus answers for Tuesday, January 21.

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

And Ethereum could rocket to $10,000 per coin, the bank added.

Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.

Crypto rises as Trump to setup crypto taskforce. Trump pardons Ross Ulbricht. BTC fair value $200k: Bitwise. BTC price to reach multi millions: Armstrong. Coinbase would delist USDT if ordered to. MicroStrategy shareholders allow more BTC buys. Rex shares files for TRUMP, DOGE, BONK ETFs. Texas court reverses Tornado cash sanctions. Trump to converge TradFi and crypto: FT. Banking industry ready for crypto: BofA CEO. Circle buys Hashnote for undisclosed amount. SOL stablecoin supply up 60% since Friday. Justin Sun lays out plan for ‘ETH to $10k’. Jupiter set to airdrop $630m JUP. BTC miners see 3x profit margins. BTC mining saved Texas $18b. Riot Platforms pivots to AI data centers. CLS Global pleads guilty to wash trading. CryptoCom relaunches US exchange. KULR buys another $8m BTC. Finland launches first ever crypto ETPs.

UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what they’re buying and selling. Streaming live every Tuesday from 12:00 PM EST to 1:00 PM EST on YouTube and X.

Trump's Empire is a rising Telegram crypto game that lets you build up your business and political empire—and earn towards a future airdrop.

This marks the second regulatory defeat for the Treasury after the U.S. Fifth Circuit Court handed down a similar ruling in November 2024.

The DePIN project aims to wean vapers off nicotine through a tokenized model that leverages financial incentives to help them quit.

“These are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April,” an ETF analyst said.