TLDR: Ethereum absorbed $1.1 billion in liquidations as total crypto market lost $470 billion over three days. Binance ETH funding rates dropped to -0.028%, levels last seen during the FTX collapse in November 2022. Aggregated funding rates across exchanges hit -0.078%, signaling extreme bearish positioning in derivatives. Market remains in cleansing phase as geopolitical tensions …
Monthly archives: January 2026
Woman Sues JPMorgan Chase After Scammers Drain $1,300,000 From Bank Account: Report
A woman in Florida is reportedly suing JPMorgan Chase after scammers extracted over $1 million from her account. Eighty-year-old Olga Ponorovsky alleges the bank failed to protect her and her funds when she fell victim to an investment scam, reports The Sun. Ponorovsky, a retired engineer, first came across the scam in September 2023 when …
CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone
CoreWeave’s transformation from a crypto-mining operator to a large-scale AI infrastructure provider highlights a broader shift in how computing resources are reused across technology cycles. In its latest newsletter, The Miner Mag outlined how Ethereum’s move away from proof-of-work reduced demand for GPU-based mining, pushing companies like CoreWeave to redeploy hardware toward AI training and …
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VC Roundup: Crypto funding rebounds as institutions test onchain finance
Venture capital and institutional money are flowing back into digital asset companies at the start of 2026, with industry data showing $1.4 billion committed across venture rounds and public market listings. The largest transactions included Visa-linked stablecoin issuer Rain, which reached a $1.9 billion valuation after raising $250 million, and crypto custodian BitGo’s $200 million-plus …
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XRP Breakdown Deepens While Market Confidence Slips
XRP slid sharply to fresh session lows as relentless selling broke key support, deepening a multi-day downtrend and leaving price vulnerable amid rising global uncertainty and a risk-off market tone. XRP Downtrend Extends as Rebound Attempts Fail At 11:17 a.m. on Jan. 31, XRP is trading at $1.616, extending losses after another sharp hourly selloff …
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Arthur Hayes Lays out Bull Run Conditionals, Bitfinex Issues Warning, and More — Week in Review
Lawmakers push closer to market-structure rules, exchange-traded funds (ETF) flows stall, Arthur Hayes eyes central bank liquidity, Tom Lee flags metals-to- crypto rotation, and banks face $500 billion run risk in this Week in Review. Week in Review Crypto faces a turning point as regulation, liquidity, and capital flows collide. U.S. lawmakers say crypto market …
US Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds
Bitcoin mining took a direct hit from January’s U.S. winter storm, with Cryptoquant data showing sharp declines in hashrate, production, and miner revenue across the network. Bitcoin Mining Production Falls to Post-Halving Lows According to Cryptoquant researchers, several large U.S.-based mining firms curtailed operations as severe weather disrupted power availability, accelerating a networkwide hashrate drawdown …
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$1.65 Trillion on Ice—Bitcoin Struggles to Shake off the Bears
Bitcoin entered Saturday, Jan. 31, 2026, with a bruised ego and a market trying to find its footing. Priced at $82,699 with a market capitalization of $1.65 trillion, bitcoin floated within a 24-hour trading band of $81,953 to $84,367. Its daily volume printed a notable $53.64 billion—ample liquidity, but not enough conviction to shake off …
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Fraudster Steals $36,000,000 From Medicare, Splurges on Luxury Items, Large Home and Rolls-Royce
A man in Florida is pleading guilty to defrauding Medicare out of tens of millions of dollars in a ‘Doctor Chase’ scheme. The U.S. Department of Justice (DOJ) says 38-year-old Sean Alterman has admitted to running a healthcare fraud scheme that involved fraudulent claims made to Medicare. Authorities say that Alterman, who owned and operated …
Bitcoin vs. gold: BTC is a ‘better opportunity’ than in 2017, data says
Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say. Key takeaways: BTC vs gold hit a record low, a level that has lined up with past major bottoms. Some analysts warn that a rotation to BTC from …
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US Government Dismantles International Fraud Ring Behind $36,900,000 Crypto Investment Scam
The U.S. Department of Justice has says a Chinese national is heading to federal prison for his role in an international cryptocurrency investment fraud that siphoned more than $36.9 million from 174 victims. Jingliang Su has pleaded guilty to one count of conspiracy to operate an illegal money-transmitting business and was ordered to pay $26,867,242.44 …
303,965 Americans at Risk After Hackers Hit US State Agency, Access Massive Trove of Records
A massive health services data breach has placed the personal information of 303,965 Americans at risk. The breach, classified as an Unauthorized Access/Disclosure event affecting a state agency’s network server, hit the Minnesota Department of Human Services (DHS) on January 16th. [adinserter block=”1″] The compromised data stems from the MnChoices system, a statewide platform used …
Active Solana addresses spike 115%, four in 10 merchants take Bitcoin: Month in Charts
Activity on major altcoin networks, namely Solana and Ethereum, saw major milestones in January. Daily active addresses on Solana consistently topped 5 million in the second half of the month. Ethereum overtook major layer 2s in December in terms of daily active addresses after major upgrades to the network. In January, the network marked a …
US Treasury sanctions Iran-linked crypto exchanges for first time
The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement on Friday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said the sanctions are part of a wider move …
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Web3 games shuttered, Axie Infinity founder warns more will ‘die’: Web3 Gamer
More crypto gaming studios are likely to face the chopping board in 2026, according to Axie Infinity co-creator and Ronin Network co-founder, Jeff “JiHoz” Zirlin. “I will continue to say this, you’re going to see a lot of teams die,” Zirlin said during a recent interview with gaming influencer Yellow Panther. Zirlin argued that many …
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