Bonk Price Prediction: Bonk Just Exploded Out of a Long Downtrend – 100x Incoming?

Price has now exited a clearly defined descending channel on the daily timeframe as well. This move marks the first clean trend change since the prior distribution phase that began mid-2025. Institutional Tailwinds Add Fuel to the Setup Meanwhile, Canadian-listed TenX Protocols has expanded into the Solana ecosystem and selected BONK as part of its crypto treasury strategy. We acquired ~219,737,766,594.9 #BONK tokens with an average cost of approximately U$0.00001138 as part of our #Solana ecosystem participation. This reflects how we allocate capital across networks we actively operate in –…

Polygon Labs Announces Modular ‘Open Money Stack’ Platform To Streamline Cross-Border Payments

Key Notes The platform aims to function as a TCP/IP protocol for money, enabling instant global payments in any currency without gas fee concerns. Open Money Stack offers complete onchain financial services including yield opportunities, card programs, and invisible currency conversions across chains. Vendors can select specific support modules while maintaining full interoperability, with customers experiencing one-tap transactions and optional custody solutions. Polygon Labs is gearing up to launch “Open Money Stack,” a modular platform designed to provide seamless, cross-chain transactions between fiat and cryptocurrencies in an open, end-to-end framework.…

Optimism Proposes 50% OP Token Buybacks Starting February

Key Notes The proposal redirects 50% of Superchain revenue, totaling 5,868 ETH annually, toward monthly OP token purchases for treasury. Superchain processes 13% of all blockchain transactions but OP token historically showed no correlation to network performance. Community feedback supports the alignment strategy though concerns remain about 1.69 billion OP in outstanding token allocations. The Optimism Foundation rolled out a new governance proposal to enable OP OP $0.32 24h volatility: 0.1% Market cap: $617.88 M Vol. 24h: $92.84 M buybacks from 50% of the Superchain’s revenue. This proposal will be…

Bitcoin Could Fall to $50,000 Because of Gold

Key Notes Gold is in its strongest rally since 1979, signaling caution for Bitcoin investors. Bitcoin liquidity is drying up, increasing potential volatility. Analyst Ki Young Ju noted capital inflows into Bitcoin are slowing, with funds moving toward equities and commodities. Bloomberg’s commodity strategist, Mike McGlone, made a strong bearish prediction for Bitcoin BTC $91 128 24h volatility: 0.4% Market cap: $1.82 T Vol. 24h: $49.79 B , forecasting a price crash to $50,000. Meanwhile, the gold rally shows no signs of stopping. After a phenomenal 60% upside last year…

Crypto.com & Stripe Launch Crypto Payments in the U.S.

Key Notes Crypto.com users can pay online with their crypto balance at selected Stripe merchants in the US. Payments are completed by scanning a QR code and confirming in the Crypto.com app. Merchants receive funds through Stripe’s regular settlement system. Crypto.com and Stripe’s partnership is bringing cryptocurrency payments into everyday online shopping in the United States. This will give customers a way to pay directly with their digital assets. The rollout begins this month and allows shoppers to complete purchases without converting crypto to cash first. How the Crypto Payment…

India’s Tax Authorities and Central Bank Raise Crypto Concerns

Key Notes Indian tax authorities stated that the borderless nature of cryptocurrencies make tracking, taxation, and enforcement difficult. The Finance Ministry, FIU, and Income Tax Department are aligned on increasing oversight of decentralized platforms. India continues to impose a 30% flat crypto tax and 1% TDS, one of the largest in the world. Ahead of India’s February 2026 Union Budget, tax authorities raised concerns over crypto assets, aligning with the Reserve Bank of India (RBI). The warning discusses the enforcement challenges faced by the authorities that could undermine the government’s…

BlackRock Buys $878M in Bitcoin Over 3 Days

Key Notes BlackRock absorbed over $1 billion in Bitcoin and Ether in three days. The largest buys hit near $90K BTC. Accumulation is visible, but breakout confirmation depends on BTC holding $90K. BlackRock added 9,619 Bitcoin BTC $89 917 24h volatility: 2.3% Market cap: $1.80 T Vol. 24h: $48.77 B worth about $878 million and 46,851 Ether ETH $3 095 24h volatility: 3.8% Market cap: $373.35 B Vol. 24h: $25.75 B worth about $149 million across three straight days. The combined total stands near $1.03 billion, based on on-chain tracking…

Binance Launches TradFi Perpetuals Contract for Gold and Silver

Key Notes Binance introduces TradFi perpetual contracts linked to gold and silver, settled in USDT. Contracts trade 24/7 with pricing controls when traditional markets are closed. Products are offered under Abu Dhabi Global Market regulatory oversight. Binance TradFi Perpetuals entered the market this week as the exchange rolled out new futures contracts tied to gold and silver. This product will give users a way to trade traditional assets through crypto-style derivatives. The launch marks Binance’s first step into regulated non-crypto perpetual contracts. Binance TradFi Perpetuals Open Gold and Silver Trading…

XRP ETFs See First Outflows since Inception as Crypto ETF Market Suffers

Key Notes 21Shares XRP ETF triggered major outflows while other ETFs saw zero or net positive flows. After a strong start to 2026, spot Bitcoin and Ethereum ETFs reversed into heavy outflows, signaling a quick shift in investor sentiment. Despite weakness in BTC, ETH, and XRP ETFs, smaller products such as Solana ETFs continued to attract inflows. On Jan. 7, the spot XRP XRP $2.09 24h volatility: 7.1% Market cap: $126.70 B Vol. 24h: $4.26 B ETFs trading in the US saw their first-ever outflows at $40.7 million since launch.…

Zcash Price Falls 10%

Key Notes Zcash price has erased earlier gains amid mass departures of developers. Former ECC leadership says the Zcash network and protocol remain unaffected. Departing developers plan to form a new company to continue privacy-focused work. Privacy coin Zcash ZEC $405.2 24h volatility: 16.8% Market cap: $6.69 B Vol. 24h: $944.56 M price fell nearly 10% after the entire development team behind the blockchain resigned following a serious governance dispute. The sudden exit raised concerns among investors, even as former leaders said the network itself would continue operating without disruption.…