Author: Kryptonews

Bitcoin (BTC) onchain data shows BTC whales are active as the price attempts to extend its breakout from the $90,000 level. Key takeawaysBitcoin whale spending surged to $286 million, the largest spike since early November.Momentum indicators are bullish, but volatility is likely this week. Data from Capriole Investments indicated that OG whale spent value, i.e., Bitcoin moved after remaining dormant for more than seven years, jumped to about $286 million on Saturday. This marked the strongest resurgence in old-coin activity since Nov. 3, 2025, when the metric spiked near $570 million and coincided with BTC’s market correction.  BTC OG Whale Spent…

With Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million.Cryptocurrency infrastructure platform Bakkt Holdings announced an agreement to purchase Distributed Technologies Research, a stablecoin and fiat payments infrastructure provider.In a Monday notice, Bakkt said the agreement will have the company issue more than nine million shares of its Class A common stock to Distributed Technologies Research shareholders. At the time of publication, the price of shares of Bakkt Holdings (BKKT) on the New York Stock Exchange was $19.54, having surged more than 20% in the previous 24 hours, which would would make the…

Ethereum co-founder Vitalik Buterin is making a case that the most valuable upgrade for the world’s second-largest blockchain may be learning how to stop upgrading.Last November, Buterin reportedly argued that locking down parts of the base layer can reduce bugs and lower the odds of “surprises” for a network that secures hundreds of billions of dollars’ worth of value.This month, he sharpened the same message with a new framing: Ethereum, he argued, should be able to keep running safely and usefully even if the people who maintain it disappear.That standard, which he has described as a “walkaway test,” is meant…

Rachel Accurso, the YouTube star better known to children and parents as Ms. Rachel, announced last week that she will present Colors That Survived, an exhibition and fundraiser featuring artworks created by children in Gaza. The works will be exhibited Tuesday at Caelum Gallery in New York’s Chelsea neighborhood. They have also been reproduced as limited-edition prints of 20, priced at $200 each, and will be available for purchase through January 30 via Artists Support, a nonprofit that collaborates with artists to raise funds for various causes. According to a press release, 100 percent of the proceeds will go to…

The altcoin market enters the second week of January with unclear signals. Some tokens have reached new all-time highs. Others have recovered amid skepticism. Most altcoins continue to struggle to recover from the heavy sell-off that occurred in October last year.In that context, three altcoins face a high risk of large liquidations because traders may be misjudging real market demand.Sponsored Sponsored1. Solana (SOL)The early 2026 meme-coin wave is not extremely strong, but it indicates that traders are becoming more open to risk. The Solana ecosystem has posted several new records. Pump.fun’s DEX volume has hit a new all-time high. The…

VelaFi, a stablecoin-based financial infrastructure company under Galactic Holdings, has raised $20 million in a Series B round to support the expansion of its enterprise payments and settlement services across Latin America, the United States and Asia. According to Monday’s announcement, the round was led by XVC and Ikuyo, and brings the company’s total funding to more than $40 million.Founded in 2020, VelaFi provides payments infrastructure that connects local banking systems, global transfer networks and stablecoin protocols. Its services include fiat on- and off-ramps, cross-border payments, foreign exchange workflows and multi-currency treasury operations, which are offered through its platform and…

Key points:Bitcoin could reach the $94,789 level, where the bears are expected to step in.Select major altcoins are showing strength, indicating that the recovery may continue for some more time.Bitcoin (BTC) bulls have pushed the price above $92,000, but higher levels may attract sellers. The net outflows of $1.37 billion from BTC exchange-traded funds from Tuesday to Friday last week, according to SoSoValue data, show that institutional investors remain cautious.   Fidelity Investments director of global macro Jurrien Timmer said in a post on X that BTC is “following the internet S-curve a lot closer now than the power law curve.” He…

Corporate Bitcoin investor Strategy added another 13,627 Bitcoin to its balance sheet last week, spending $1.25 billion as it continues accumulating Bitcoin early in the year. The purchase marks the company’s biggest BTC buy since July.In a Form 9-K filing with the United States Securities and Exchange Commission, the company disclosed on Monday that its Bitcoin (BTC) stash has reached a total of 687,410 BTC, acquired at an aggregate cost of about $51.8 billion. The latest batch of BTC was bought at an average price of $91,519 per coin, well above Strategy’s total average cost basis of $75,353.The latest acquisition reinforces Strategy’s…

Philip Tinari is leaving the Beijing institution he has long called home for a new one in Hong Kong, where he will be deputy director and head of art at Tai Kwun Culture & Arts. He assumes the new post February 23 and will be involved with all artistic disciplines, including heritage, contemporary art, and performing arts. He takes over the head of art role from curator Pi Li, who started in February 2023 leaves in February at the expiration of his contract, as ArtReview reported. “I have been following Tai Kwun’s growth over these years and am truly excited…

Bitcoin (BTC) is looking like the loser versus gold as precious metals top new all-time highs Monday.Key points:Bitcoin is not the debasement trade after years of loses against gold, analysis concludes.As precious metals hit all-time highs, BTC price action fails to rebound.Gold starts grilling the S&P 500, potentially shifting a years-old narrative if it continues to gain.BTC debasement trade: “The narrative is broken”New analysis from Karel Mercx, an investment specialist at Dutch investment advisory Beleggers Belangen, says Bitcoin has failed as the “debasement trade.”Bitcoin slipped below 20 ounces in gold terms to start 2026, and is now circling two-year lows,…