Category: Other Crypto News

Bitcoin Drops Below $90K On Whale and Long-Term Holder Selling Pressure.

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Bitcoin (BTC) slipped below $90,000 during the New York trading session on Tuesday alongside an increase in long-term selling. Large holders also exited their positions, keeping the downside pressure firmly in place. Key takeaways: Bitcoin dips below $90,000 as whales deposit over $400 million to exchanges. Long-term holders accelerate profit-taking, selling 68,650 BTC/day since Jan. 17.  Bitcoin analysts view $84,000–$86,000 as a potential support zone for a bounce. Whales dump BTC as long-term selling intensifies Data from CryptoQuant’s whale screener highlighted a “second wave of aggressive selling pressure” that pushed…

Solana Mobile SKR Jumps 38% On Airdrop Launch

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Solana Mobile, a subsidiary of Solana Labs, the organization behind the Solana blockchain, has launched a token airdrop for holders of its Web3 smartphone, Solana Seeker. The Seeker (SKR) token, the utility and governance asset of the Solana Mobile ecosystem, went live on Wednesday, the company said in a post on X. Users of the Solana Seeker smartphone have 90 days to claim airdropped SKR tokens, which can be staked to earn rewards. The airdrop is available to at least 100,000 users and 188 developers, with almost 2 billion SKR…

Tom Lee Still Sees Bitcoin At $250k But Warns 2026 Gets ‘Jagged’

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Fundstrat’s Tom Lee reiterated his $250,000 Bitcoin target while cautioning that 2026 could be a “jagged” year for crypto adoption and a turbulent one for broader risk assets, framing any major pullback as a buying window rather than a signal to de-risk. Speaking on The Master Investor Podcast with Wilfred Frost in an interview released Jan. 20, Lee said he expects 2026 to ultimately “look like a continuation of the bull market that started in 2022,” but argued markets must first digest several transitions that could deliver a drawdown large…

Nansen Debuts Autonomous AI Crypto Trading On Base, Solana

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Nansen has launched autonomous cryptocurrency trading tools that allow users to execute trades through artificial intelligence agents and natural language prompts, as the platform expands beyond analytics into transaction execution. The new feature enables users to place trades by entering conversational commands in Nansen’s mobile app, rather than using traditional charts or order books, the company said in an announcement shared on Wednesday. The product is aimed at retail users seeking simplified access to crypto markets. Nansen AI can also analyze onchain signals and provide data-driven insights to guide investor…

Galaxy to Launch $100M Hedge Fund to Trade Crypto Upside and Downside

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Mike Novogratz’s digital asset firm Galaxy is preparing to launch a $100 million hedge fund aimed at profiting from both rising and falling crypto prices. The fund is set to launch in the first quarter and will be structured to take long and short positions across digital assets and traditional equities tied to financial infrastructure, the Financial Times reported on Wednesday. Up to 30% of the fund’s capital will be allocated directly to crypto tokens, with the remainder deployed into financial services stocks expected to be shaped by digital asset…

Trove’s New Token Craters 95%, Sparking Investor Revolt

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Trove Markets’ new token collapsed almost immediately after trading began, wiping out the vast majority of early gains and leaving many backers angry and confused. The drop was brutal. Traders who bought early watched their holdings shrink by about 95% in a matter of hours. Token Price Plunges After Launch Initial prices implied a market value near $20 million. Based on reports, the token fell to roughly $0.0008 per unit, trimming the market cap to below $1–2 million. Some wallets unloaded huge chunks of coins right after the token generation…

Chainlink Drops To $12.50, But Largest Whales Are Accumulating

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On-chain data shows the largest of Chainlink whales have been accumulating recently even as the cryptocurrency’s price has slipped below $13.00. Top 100 Chainlink Whales Have Been Expanding Their Supply In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the holdings of the 100 largest addresses present on the Chainlink network. This category of holders naturally includes the large whales, investors who carry sums significant enough to have some influence on the blockchain. As such, their combined supply can be worth keeping…

Grayscale Files To Convert NEAR Protocol Trust Into Spot ETF

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Crypto asset manager Grayscale has filed with the US Securities and Exchange Commission to convert its NEAR Protocol Trust to an exchange-traded fund. Grayscale filed a preliminary prospectus on Tuesday for the Grayscale NEAR Trust, a security that offers shares representing fractional ownership in NEAR Protocol tokens (NEAR).  The company intends to convert the existing Trust into an ETF to be listed on the New York Stock Exchange Arca.  The move follows Grayscale’s established pattern of launching products as private trusts, moving them to OTC markets, and eventually converting them…

Dogecoin (DOGE) Rebound Looks Fragile With Multiple Hurdles Ahead

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin IFP Hints At Potential Turnaround: What It Means

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…