Author: Kryptonews

Ethereum is attempting to reclaim the $3,000 level as the broader crypto market remains trapped in a phase of uncertainty and uneven conviction. Price action suggests buyers are willing to defend key support zones, yet momentum remains fragile, with rallies struggling to extend meaningfully. This hesitation is occurring against a backdrop of elevated leverage and unstable derivatives behavior, which continues to shape short-term market dynamics. Related Reading A recent report from CryptoQuant highlights a growing source of risk beneath the surface. Ethereum’s Estimated Leverage Ratio on Binance remains at a record high, with the 7-day simple moving average holding around…

Bitcoin’s market capitalization is now around $1.57 trillion, making it the 13th-largest asset by this metric, behind Saudi Aramco and Tesla stock.The move came after its price dropped sharply from around $90,000 to $78,500, a loss of more than 11% over the last 7-day period. The recent price decline comes amid geopolitical tension, a breakdown in the precious metals rally, the nomination of a “Hawkish” next Federal Reserve chair and a partial government shutdown.Bitcoin falling out of the top 10 assets by market cap is significant because, in recent years, it remained in the list as prices stayed elevated. Just…

Ethereum is trading at a critical juncture as buyers continue to defend the $2,600 support zone, attempting to stabilize the price after recent volatility. While this level is keeping short-term downside in check, broader market pressure and weakening structure leave bears watching closely for a potential breakdown that could open the door to a deeper macro pullback. $2,600 Holds As Key Support On Ethereum 6H Chart On X, Can Özsüer highlighted that Ethereum is currently holding above the $2,600 support zone on the 6-hour chart, a level that has so far provided a solid base for price action. As long…

Frontier AI — the most advanced general-purpose AI systems currently in development — is becoming one of the world’s most strategically and economically important industries, yet it remains largely inaccessible to most investors and builders. Training a competitive AI model today, similar to the ones retail users frequent, can cost hundreds of millions of dollars, demand tens of thousands of high‑end GPUs, and require a level of operational sophistication that only a handful of companies can support. Thus, for most investors, especially retail ones, there is no direct way to own a piece of the artificial intelligence sector.That constraint is about…

Despite a cautionary, optimistic outlook currently being noticed in the wider crypto market (driven by macro uncertainties), some cryptocurrencies are experiencing stability with steady rises in customer investment. Today, market analyst Phoenix Group listed the top trending cryptocurrencies by market capitalization. The larger cryptocurrency market continues to tumble due to the Fed’s decision to maintain interest rates steady, two days ago, on Wednesday, January 28, and ongoing geopolitical tensions between Iran and the US, causing implications on oil prices and the global economy. Despite market difficulties, the analyst highlighted top crypto assets that registered momentum based on a massive increase…

Step Finance, a decentralized finance (DeFi) portfolio tracker built on Solana, said some of its treasury wallets were compromised in a security breach under active investigation.Onchain data shared by blockchain security firm CertiK shows that 261,854 SOL, worth roughly $27 million at current prices, was unstaked and transferred during the incident.The platform disclosed the breach in a post on X and asked cybersecurity firms to assist with the investigation. It did not specify how the attacker gained access or whether user funds were affected.The platform’s governance token, STEP, dropped over 80% in the last 24 hours, according to SoSoValue data.…

Bitcoin mining activity has taken its biggest hit since late 2021 after a severe winter storm in the United States forced several large mining firms to curtail operations, triggering a sharp drop in network hashrate, production and revenue.Bitcoin’s total network hashrate has fallen about 12% since November 11, marking the largest drawdown since October 2021, when the network was still recovering from China’s sweeping mining ban.(CryptoQuant) The hashrate now sits near 970 exahashes per second, its lowest level since September 2025, according to CryptoQuant data.The decline accelerated this week as extreme weather disrupted power supply across key US mining hubs.…

Key NotesTrump nominated Kevin Warsh for Fed Chair, odds on Polymarket hit 96%.BTC fell nearly 3% to $82,700, reacting to Warsh’s hawkish/anti-QE history.Warsh opposes retail CBDCs, favoring private stablecoins. . President Donald Trump announced via Truth Social that he will nominate Kevin Warsh to replace Jerome Powell as Federal Reserve Chairman. The decision sets up a closely watched Senate confirmation process at a time when markets are highly sensitive to changes in monetary leadership. Warsh previously served at the Fed from 2006 to 2011 and later held senior roles in investment banking and policy advisory circles. This pushed a rapid…

Bitcoin’s dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin.That may sound alarming at first glance, and it technically puts Michael Saylor’s firm underwater on its bitcoin holdings, but it doesn’t fundamentally change the company’s financial position.There is no balance sheet stress and no forced selling risk. What it does is slow down its future bitcoin buying.Strategy currently holds 712,647 bitcoin — all of it unencumbered, meaning none of the holdings are pledged as collateral, so there’s no risk of forced selling just because the price falls below its…

The ongoing crypto crash intensified on Saturday, with Bitcoin and most altcoins being in the deep red. Summary The crypto crash accelerated on Saturday, with Bitcoin tumbling to $75,000. The market capitalization of all coins dropped to $2.7 trillion. Bitcoin and the broader crypto market is reacting to the soaring risks. Bitcoin (BTC) dropped below the important support level at $80,000 for the first time in months, while Ethereum (ETH) moved to a low of $2,300. The market capitalization of all tokens dropped by 5.5% in the last 24 hours to $2.63 trillion. The worst-performing tokens were cryptocurrencies like River,…