Gold rally, FOMC outcome And Weak DXY May Extend Crypto Market Rally

Key points: Bitcoin is facing resistance at $90,500, but a positive sign is that the bulls have kept up the pressure. Several major altcoins are attempting to start a recovery, but are expected to face selling at higher levels. Sellers are attempting to maintain Bitcoin (BTC) below the $90,500 level, but the bulls continue to exert pressure. Fundstrat managing partner Tom Lee said on CNBC that cryptocurrencies should rise on a weaker dollar, but traders have responded by continuing to pile into gold and silver. Lee suggested that crypto is…

Bonk Price Prediction: 6-Month Wedge Pattern Just Exploded – Most Bullish Chart in Crypto Right Now?

The price is up 11% over the past 30 days and is trending higher at the time of writing. With meme coins starting to bounce back, BONK looks extremely bullish right now. BONK Price Analysis: Key Support and Upside Targets Spot volume has climbed by around 10% in the past 24 hours, while price is up 1% and holding above previous support, avoiding a drop back into the wedge. At the same time, RSI has recovered into the low 40s after hovering near oversold for months. MACD has also turned…

Crypto Market Shows Strength Ahead of FOMC Meeting as Powell Sets Tone

Key Notes Fed rate cut odds are less than 3% during FOMC, but investors watch for Powell’s tone for clues on future policy and liquidity. Short liquidations are dominating across intraday timeframes amid the market recovery. Bitcoin is up about 2.6% in 24 hours and is attempting to reclaim $90,000, with volumes up 15%. Just hours before the FOMC meeting on Jan. 28, the crypto market is showing strength with Bitcoin BTC $89 929 24h volatility: 2.0% Market cap: $1.80 T Vol. 24h: $49.22 B and top altcoins gaining anywhere…

6 weirdest devices people have used to mine Bitcoin and crypto

There’s something about Bitcoin and blockchain that just seems to attract weird and wacky tinkerers. While computationally powerful ASIC miners dominate proof-of-work crypto mining today, that hasn’t stopped innovative crypto miners from using everything from Game Boys to the Apollo moon mission guidance computer to help secure the network.  Magazine has gathered some of the strangest things people have tried to mine cryptocurrency with, and you’ll be astounded at the ingenuity. Press X to mine Bitcoin If your mom has ever given you a hard time about your gaming habits,…

South Korea Proposes Crypto Exchange Ownership Cap; Upbit, Coinone May Reduce Stakes

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OKX Launches Crypto Payment Card Across the European Economic Area

OKX has announced the launch of the OKX Card in Europe, expanding its payments footprint across the European Economic Area. The product allows users to pay with stablecoins at merchants that accept Mastercard, positioning crypto balances for direct everyday use rather than requiring prior conversion or preloaded fiat balances. Related Reading The announcement comes at a time when crypto infrastructure is increasingly intersecting with traditional financial rails. While price action across major assets remains volatile, platforms are continuing to build payment and settlement tools aimed at reducing friction between on-chain…

FSC Chair Defends Proposed Crypto Exchange Ownership Caps in South Korea

South Korea’s top financial regulator said crypto exchanges should face ownership limits similar to those applied to securities markets, signaling a harder public stance on governance reforms under the country’s proposed Digital Asset Basic Act. According to a report by The Korea Times, the Financial Services Commission (FSC) Chair Lee Eog-weon said licensed crypto exchanges should no longer be treated as ordinary private companies but as entities with public-infrastructure characteristics.  Lee’s comments come as the FSC reviews a proposal to cap major shareholders’ stakes in crypto exchanges at around 15%…

4 In 10 US Merchants Now Accept Crypto

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

OKX Launches Crypto Card In Europe For Stablecoin Payments

Cryptocurrency exchange OKX is rolling out a payment card in Europe, allowing users to spend stablecoins at merchants accepting Mastercard. The OKX Card is issued through the company’s Electronic Money Institution (EMI) partner, Monavate, OKX said Wednesday in an announcement shared with Cointelegraph. At launch, the card supports spending in stablecoins including Circle’s USDC (USDC) and the Paxos-issued Global Dollar (USDG). The move comes as crypto companies seek to expand the use of stablecoins for everyday payments under Europe’s evolving crypto regulatory framework. “With OKX Card, we’re making it simple…