Author: Kryptonews

Former New York City Mayor Eric Adams is in hot water after promoting a crypto asset that suffered a massive price drop shortly after its launch. Adams introduced the memecoin NYC Token as a crypto asset with a cause. “Proud to launch @buynyctoken, a new token built to fight the rapid spread of antisemitism and anti-Americanism across this country and now in New York City.” The token surged following its launch. Data from the decentralized exchange (DEX) tracker Gecko Terminal shows the coin’s price hit $0.8 before plummeting to $0.1116.  “The token has since fallen over 81% from its peak…

A Telegram-based escrow service linked to an illicit online marketplace appears to be winding down operations after refunding more than $130 million in stablecoins, a move that analysts say could disrupt a major hub for crypto-related scams.Tudou Guarantee, a service linked to the Huione Group, has apparently refunded $130 million in Tether USDt (USDT) to the group’s public merchants since the beginning of 2026, according to data shared by blockchain analytics company Bitrace. Refunds began with roughly $3.7 million on Jan. 1 and peaked at about $18.1 million on Sunday, Bitrace said.Earlier on Friday, the company seemingly announced the shuttering…

The digital asset world is still changing at an astounding rate. By 2025, the story has changed to use-case adoption speculative mania, especially at the point of crypto exchanges and non-fungible tokens (NFTs), both of which are forming the basis of what many are calling Web3 ownership.As either an experienced investor or a curious beginner, it is evident that the mechanisms of redefining the process of ownership and value creation and exchange are no longer limited to just Bitcoin or DeFi. Rather, they exist in an ecosystem of dynamism, a conglomeration of marketplaces and tokenized collectibles, decentralized identity systems, and…

The US Department of Justice, at the direction of President Donald Trump, has opened a criminal investigation into Federal Reserve Chairman Jerome Powell.The DOJ alleges that the chair has misallocated funds in the course of renovations of Federal Reserve office buildings, a claim that Powell has denied.The Fed chair said that the charges were politically motivated and “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.”Trump had previously toured the office buildings that were under renovation, alleging that the Fed, at…

Investment bank Jefferies’ longtime “Greed & Fear” strategist Christopher Wood has reportedly dropped Bitcoin entirely from his flagship model portfolio, citing mounting concerns that advances in quantum computing could undermine the cryptocurrency’s long-term security.According to a report by Bloomberg, in the latest edition of his Greed & Fear newsletter, Wood said the 10% Bitcoin (BTC) allocation he first added in late 2020 has been replaced by a split position in physical gold and gold mining stocks.He argued that quantum breakthroughs would weaken Bitcoin’s claim to be a dependable store of value for pension‑style investors.​Wood added that concern over quantum risk…

Ether (ETH) is trading near $3,300, and one futures market trend points to another 10% to 25% upside move. However, the market may first see a liquidation-driven price dip before any sustained rally develops.Key takeaways:Ether’s Leverage Ratio is near 0.60, a level that has historically preceded 10% to 25% rallies after short pullbacks.The ETH SOPR remains below 1, indicating realized losses still outweigh profits despite recent price gains.Ether leverage setup favors upside after a short cleanupCrypto analyst Pelin Ay highlighted a recurring structure in Ether’s leverage dynamics. When the Leverage Ratio rises rapidly above price on Binance, it leads to…

Belarus has introduced a legal framework for so-called “cryptobanks,” formally integrating digital asset activity into the country’s regulated banking system under direct state oversight.On Friday, Belarusian President Alexander Lukashenko signed Decree No. 19, defining how crypto banks may operate and what conditions they must meet to enter the market. The decree positions cryptobanks as joint-stock companies authorized to combine token-based operations with traditional banking, payments and related financial services. Rather than creating a parallel sector for crypto, the framework ties digital asset activity to existing financial oversight mechanisms and infrastructure. Under the rules, cryptobanks must obtain resident status in the country’s Hi-Tech…

At least four artists have killed by Iranian police and militias since nationwide demonstrations against the Islamic Republic erupted in December, according to Artists at Risk Connection (ARC). In a statement published on January 13, the nonprofit organization—which provides emergency financial support to imperiled artists and cultural workers worldwide—condemned the reported killing of civilians by Iranian authorities, as well as the government-imposed internet and mobile blackout. Related Articles Citing credible human rights organizations and international media reports, ARC stated that among the thousands of civilians confirmed dead are sculptor Mehdi Salahshour, filmmaker Javad Ganji, fashion designer and student Rubina Aminian,…

Bitcoin’s (BTC) price traded 9.5% above its Jan. 1 open of $87,500, and traders were confident that BTC’s short-term “trend is up” as the price approached a key level of interest.Key takeaways:Bitcoin price consolidates around $95,000 as bulls face a major barrier ahead.Technical analysis shows an ascending triangle targeting $113,200 BTC price. Bitcoin price is at an “inflection point”As Cointelegraph reported, Bitcoin’s ability to return to a six-figure price hinges on overcoming the resistance at $98,000 — the short-term holder (STH) cost basis. This is the critical point on traders’ radar and one that has not received a convincing retest recently.Related: Bitcoin…

Google is rolling out updated crypto app requirements in South Korea, a move that could significantly restrict access to offshore crypto exchanges by tying app availability to local regulatory clearance. According to South Korean media outlet News1, starting Jan. 28, crypto exchange and wallet apps listed on Google Play in South Korea must upload documentation proving that their Virtual Asset Service Provider (VASP) registration with the country’s Financial Intelligence Unit (FIU) has been accepted. Google reportedly clarified that developers listing crypto exchange and custodial wallet apps must upload proof of completed FIU registration acceptance through its developer console. Apps that fail to meet…