Category: Analysis

Avalanche Launches $1M Build Games Competition, Opens Applications for Builders

Key Notes The competition features an open-ended format without predefined categories, allowing any project idea built on Avalanche’s platform. Grand prize winner receives $100,000 with milestone-based payouts, while participants gain access to Codebase accelerator funding. Launch coincides with record network activity of 1.71 million daily active addresses and 4.2 million average daily transactions. Avalanche AVAX $12.14 24h volatility: 4.3% Market cap: $5.23 B Vol. 24h: $365.56 M launched Build Games today, a six-week global builder competition offering $1 million in total prizes to developers creating new products on the network.…

Strategy Acquires 22,305 BTC for $2.13B

Key Notes Strategy paid an average of $95,284 per Bitcoin during the January 12-19 acquisition period. The company has now spent $53.92 billion acquiring Bitcoin at an average cost of $75,979 per coin. Strategy sold company shares to fund the purchase, raising $2.125 billion in the process. Strategy disclosed its third and largest Bitcoin BTC $90 565 24h volatility: 2.6% Market cap: $1.81 T Vol. 24h: $47.71 B acquisition of 2026 on January 19, purchasing 22,305 BTC for approximately $2.13 billion. The company’s total holdings now stand at 709,715 BTC,…

Trove Market Pivots From Hyperliquid to Solana

Key Notes Trove token tanks 95% as the exchange pivots from Hyperliquid to Solana. The decision was attributed to the withdrawal of a key liquidity partner who previously supported the Hyperliquid integration. Despite the boycott, Hyperliquid saw its user count rise to 1.4 million in 2025 from roughly 300,000 a year earlier. After raising funds for a Hyperliquid-based HYPE $22.13 24h volatility: 6.5% Market cap: $5.28 B Vol. 24h: $241.97 M perpetual DEX, Trove Market has abruptly moved to the Solana blockchain. The shift comes just days before its Token…

Portugal Orders Polymarket Shutdown, Site Stays Live

Key Notes SRIJ reportedly notified Polymarket to cease operations within 48 hours on January 17, but no official order has been published on the regulator’s website. Political betting is illegal in Portugal, where only sports and casino games are permitted. Portugal joins more than 30 countries restricting Polymarket, including France and Ukraine, although the platform has not yet blocked access from Portugal. Portugal’s gambling regulator reportedly ordered Polymarket to shut down operations in the country, though no official enforcement document has been published and the platform remains fully accessible to…

XRP Faces Renewed Selling Pressure as 2022-Like Patterns Resurface

Key Notes XRP has dropped nearly 20% from last week’s $2.40 high, finding support around $1.85. Short-term buyers are accumulating below long-term holders’ cost basis, echoing 2022’s crash pattern. XRP derivatives open interest fell over 4%, signaling cautious and bearish market sentiment. Ripple’s native cryptocurrency, XRP XRP $1.91 24h volatility: 3.4% Market cap: $116.29 B Vol. 24h: $3.70 B , has been under severe selling pressure, dropping nearly 20% from last week’s high of $2.40. The coin is currently finding support at $1.85. Technical indicators raise concerns, as XRP’s current…

MegaETH Announces Global Stress Test Before Mainnet Debut

Key Notes MegaETH will open its mainnet on January 22 for a 7-day global stress test. The target is about 11 billion transactions and sustained throughput of 15,000-35,000 TPS. Gaming apps and backend ETH transfers will run in parallel to test fees, latency, and stability under load. MegaETH will open its mainnet on January 22 for a global stress test ahead of its public rollout. The test will run for 7 days and targets a total of 11 billion transactions under sustained load. The network is aiming for true throughput…

Cardano Price Prediction: Whales Quietly Buy 210 Million ADA – Can ADA Hit $100? 

The buying occurred while ADA continued to trade under pressure. ADA is down more than 3% over the last 24 hours and is currently trading near $0.36. Over the past day, the price has held between $0.36 and $0.40, with the seven-day range capped near $0.43. The accumulation took place during the decline, not after a bounce. 210 million Cardano $ADA bought by whales in the past three weeks! pic.twitter.com/Mqq4xdQGSK — Ali Charts (@alicharts) January 17, 2026 Exchange reserve data shows a slight drop in available ADA. That points to…

Coinbase CEO to Meet World Leaders at Davos Over Crypto Bill

Key Notes Armstrong said the Davos meetings will focus on advancing the US crypto market structure bill. Coinbase pulled support for the Senate version of the CLARITY Act days earlier. Stablecoins and tokenization expansion are also on Armstrong’s agenda. Coinbase CEO Brian Armstrong recently shared on X that he will meet bank leaders and policy makers at the World Economic Forum in Davos this week. The main agenda of the meeting would be the advancement of the US crypto market structure bill. Just arrived in Davos for @WEF. Three main…

Gaming Firm Plaee Taps Crypto.com to Launch Prediction Markets in the US

Key Notes Plaee is leveraging Crypto.com’s compliance with CFTC to launch a prediction market platform. Crypto.com’s institutional liquidity and regulatory compliance will be integrated with Plaee’s CRM and retention engines. Crypto.com recently collaborated with Stripe and High Roller Inc in related deal. Plaee, a company offering technology platforms for iGaming operators, has inked a strategic partnership with Crypto.com. Together, these firms plan to establish a prediction market technology infrastructure that is compatible with the United States Commodity Futures Trading Commission (CFTC) standard. Plaee and Crypto.com Eyes API-first Architecture As part…

Hong Kong Securities Group Opposes Stricter Crypto Licensing Rules for Asset Managers

Key Notes The proposal eliminates the existing 10% threshold. Any crypto allocation would require a full virtual asset management license. The consultation deadline is January 23. Hong Kong’s securities industry is pushing back against proposed regulatory changes that would require traditional asset managers to obtain full virtual asset licenses even for minimal cryptocurrency exposure. The Hong Kong Securities and Futures Professionals Association objected on Jan. 20. The group said removal of the existing 10% threshold, a minimum level below which extra licensing isn’t required, creates a disproportionate compliance burden, according…