Category: crypto

Matrixport reports that Bitcoin’s on-chain health is improving after Q4 stress, with downside risks fading. Limited new capital suggests selective exposure with low leverage is advised. Structural supports are holding, but strong spot inflows and long-term holder urgency are needed for sustainable breakouts. Matrixport recommends a cautious approach.

An anonymous trader’s success in betting on Venezuela’s Maduro and Iran events raises concerns of insider trading on Polymarket. Analysts warn of “information laundering” to manipulate markets and policymakers. A bill to ban U.S. officials from trading on non-public info is proposed. The controversy highlights the impact of prediction platforms on global events.

Dogecoin is consolidating on the daily chart, with an inverse head-and-shoulders pattern potentially forming. Bollinger Bands indicate a possible bullish breakout or breakdown, with price holding above the basis line. A break above a horizontal resistance level is needed for the pattern to confirm, targeting an overhead supply zone.

The US Senate Banking Committee, under Chairman Tim Scott, postponed the markup of a crypto market structure bill with no new date set. Bipartisan negotiations are ongoing to gain broader support for the bill. The bill would determine how digital assets are regulated by the SEC and CFTC. Concerns have been raised over limitations on…

California regulators fined Nexo Capital $500,000 for issuing loans without assessing borrowers’ ability to repay. The firm was ordered to transfer customer funds to its US affiliate. Nexo’s lack of underwriting policies increased the risk of default. The company previously faced regulatory issues in the US and criminal charges in Bulgaria.

Utah resident Brian Gary Sewell has been sentenced to three years in federal prison for defrauding investors out of $2.9 million through an unlicensed cryptocurrency business. He pleaded guilty to wire fraud and operated a cash-to-crypto service that converted over $5.4 million without proper registration, leading to additional charges.

Uniswap is now available on OKX’s X Layer, offering zero-fee swaps and access to native markets like xBTC, USDT, and USDG through its app and wallet. This integration on a low-cost Ethereum-compatible Layer 2 network aims to provide deep liquidity and institutional-grade trading infrastructure to users.

Sui experienced a six-hour network outage on Jan. 14 due to a consensus divergence among validators. User funds remained safe, and the issue was not related to heavy network usage or security breaches. Validators fixed the problem, restoring normal operations on the same day. Plans for automation and testing improvements were made to prevent future…

Security researchers have identified a ransomware group, DeadLock, using Polygon smart contracts to hide and rotate its command-and-control infrastructure. The ransomware stores rotating proxy addresses in smart contracts on the Polygon network, making it difficult to block or disrupt. Despite limited confirmed victims, the method is decentralized and poses serious risks.

Zcash’s value dropped by 7.6% despite the SEC concluding its investigation into the Zcash Foundation without recommending enforcement action. The announcement led to a 12% surge in the ZEC token value, reversing recent declines. However, lingering uncertainty around privacy coins continues to impact the market.