Author: Kryptonews

The Hong Kong Securities & Futures Professionals Association (HKSFPA) warned that the city’s proposed rollout of new crypto licensing regimes may unintentionally force compliant crypto managers to cease activities if regulators proceed without transitional arrangements. The warning centers on what the group described as a potential “hard start,” under which existing firms would be required to be fully licensed by the commencement date of the new rules or cease regulated activities while their applications are under review. Hong Kong’s Securities and Futures Commission and the Financial Services and the Treasury Bureau are currently consulting on new licensing regimes that cover virtual asset…

Ethereum price hovering below a key breakout zone as a record share of its supply is locked in staking, tightening available liquidity. Summary Ethereum is consolidating below $3,400 as volatility contracts and momentum cools. Staked ETH has reached a record 30% of total supply, reducing circulating liquidity. Derivatives activity has slowed, pointing to caution rather than aggressive positioning. Ethereum was trading at $3,162 at press time, down 1.3% over the past 24 hours. Over the last week, the price has moved between $3,119 and $3,379. ETH is up about 3.6% over the past month after climbing back above $3,000, though…

Bitcoin (BTC) slid to eight-day lows on Tuesday as macro headwinds gave bulls new headaches.Key points:Bitcoin toys with the 2025 and 2026 yearly opens after a “failed” breakout from its multimonth range.Current BTC price weakness is not a result of the macro environment, analysis says.Targets for Bitcoin include a comedown to 15-month lows.Bitcoin “breakout failed” as $90,000 loomsData from TradingView showed BTC price action retargeting $90,000 prior to the week’s first Wall Street trading session. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThis was tipped to be volatile thanks to a potent combination of geopolitical and macroeconomic forces, chief among which was the…

Key NotesMakina Finance lost $4.2 million to hackers.The protocol’s TVL rose 20.5% despite the notable attack.Makina advised its liquidity providers to remove their assets. Makina Finance, a decentralized finance execution engine based on Ethereum, was exploited early on Tuesday, Jan. 20. Nevertheless, this protocol that automates advanced risk-managed investment strategies, like yield farming, for asset managers, AI agents, and funds, still recorded strong performance. Multiple blockchain security platforms, including TenArmor, flagged the attack on X. 🚨TenArmor Security Alert🚨 Our system has detected a suspicious attack involving #Makina Finance @makinafi on #ETH, resulting in an approximately loss of $4.2M. It appears…

A dormant Satoshi-era Bitcoin wallet came back to life after 13 years, transferring its entire 909.38 BTC balance, worth about $84.6 million at current prices, into a fresh BTC address. Onchain data from blockchain analytics firm Arkham Intelligence shows that the address first received Bitcoin (BTC) in 2013, when one coin was trading at less than $7. By comparison, if, instead of buying 909.38 BTC, worth about $6,400 in 2013, the same amount had gone into a low‑cost S&P 500 index fund, it would be worth $37,000 today, after a gain of 481%.Over the same 13‑year window, benchmark gold prices have risen…

Bitcoin holders have realized net losses over 30 days, marking the first such stretch since late 2023 after more than two years dominated by realized profits.According to data shared by Julio Moreno, head of research at CryptoQuant, Bitcoin (BTC) rolling 30-day realized profit and loss metric has dipped below zero, indicating that coins moved onchain during the past month were sold at below their purchase cost.“Bitcoin holders realizing losses, for a 30-day period since, late December for the first time since October 2023,” Moreno wrote on X. The net realized profit/loss metric shows the net magnitude of profit or loss…

Bitcoin accumulation by wallets holding between 100 and 1,000 BTC could signal that there is continued interest in Bitcoin from institutional investors in the US.“Institutional demand for Bitcoin remains strong,” said CryptoQuant founder Ki Young Ju on Tuesday, adding that 577,000 Bitcoin (BTC) has been added to this wallet cohort (which includes exchange-traded funds) over the past year, “and it’s still flowing in.”“Excluding exchanges and miners, this gives a rough read on institutional demand.”  Large BTC wallets continue accumulating. Source: CryptoQuantThe increase is around 33% over the last 24 months, according to CryptoQuant, which is around the time when the…

At the start of the third week of January, total market-wide liquidations reached nearly $900 million. Negative volatility driven by Trump’s tariff impact on the EU caused the spike. The figure could rise further as several altcoins show warning signs.XRP, Axie Infinity (AXS), and Dusk (DUSK) are attracting capital and leveraging this week for different reasons. However, they could become traps for investors without strict risk management plans.Sponsored Sponsored1. XRPOn January 19, XRP dropped to $1.85 before rebounding to $1.95. The decline erased most of the recovery effort since the start of the year.Short-term traders appear increasingly bearish. Many are…

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Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption. In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol. “We’re excited to introduce sPENDLE, the next evolution of Pendle tokenomics. This upgrade is designed to address critical limitations of the vePENDLE system, while unlocking new opportunities for PENDLE holders and the protocol,” Pendle said. sPENDLE is a liquid fee and governance token with a 14-day withdrawal period,…