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In brief Former New York City Mayor Eric Adams launched the NYC token, claiming it would fund charitable causes. The token surged to a nearly $600 million market cap before crashing to over $1oo million. A wallet linked to the token deployer removed $2.43 million in USDC liquidity, added back $1.5 million, leaving $932,000 unaccounted for. A wallet linked to former New York City Mayor Eric Adams’ newly launched crypto token allegedly pocketed nearly $1 million through suspicious manipulation of a liquidity pool on Monday.The creator of the NYC token sent 80 million coins to an account that added the…

Bitcoin dipped below the $101K miner breakeven, a level that historically aligns with cycle lows and has sparked rebound expectations. Bitcoin (BTC) slipped below the estimated $101,000 miner breakeven level on January 12, even as on-chain data and macro headlines stirred debate about whether the market is setting up for a rebound. The move has split opinion across the crypto community, with some analysts pointing to early signs of renewed demand while others warn that fragile technicals still leave room for further downside. On-Chain Data and Macro Noise Shape the Near-Term Picture Several analysts on X argued that Bitcoin’s pullback…

The debut of Polymarket probabilities on Sunday’s Golden Globes broadcast put the brand in front of millions of viewers As usual, Sunday’s Golden Globes inspired a lot of reactions on social media, as many posters offered their takes on award winners and various happenings during the ceremony. But a new feature of this year’s broadcast of the awards show on CBS and Paramount+ was the focus of many comments. Polymarket announced on Friday that it had struck a deal with the Golden Globes to become the awards show’s exclusive prediction market partner. While the news release announcing the agreement suggested that odds…

After a robust start to the year, Bitcoin (BTC) has encountered significant resistance that has hindered its recovery trajectory, resulting in a brief dip below the $90,000 mark over the last few days. As analysts evaluate the situation, they have identified crucial levels that will influence Bitcoin’s short-term price movements. Critical Bitcoin Price Levels In a recent post on social media platform X (formerly Twitter), market analyst Ted Pillows outlined three critical price points for Bitcoin in the short-term price action. The first key level to monitor is $89,200, which has served as a vital support.  Should the Bitcoin price…

The bitcoin price was trading near the $90,000 mark on Friday as crypto markets steadied following a delay from the U.S. Supreme Court on a closely watched ruling tied to President Donald Trump’s tariff policy, temporarily easing near-term macro uncertainty. The price of bitcoin stood at $90,443 at the time of writing, down about 1% over the past 24 hours, according to market data. Daily trading volume totaled roughly $45 billion, while bitcoin’s total market capitalization slipped to approximately $1.80 trillion, also down 1% on the day. Despite the modest pullback, the bitcoin price remains tightly rangebound near recent highs.…

Bitcoin has been consolidating since late November, struggling to establish a clear directional bias as the market searches for stability ahead of the next volatility wave. After failing to sustain momentum above the October 2025 highs, price action has shifted into a broad range, reflecting growing uncertainty among investors. While some market participants interpret this pause as a potential base for continuation, others remain cautious, pointing to historical bear market behavior for context. Related Reading According to a report by top analyst Axel Adler, the current Bitcoin drawdown from the October peak remains historically shallow. The Bitcoin Bear Market Correction…

The number of Bitcoin addresses (bitcoin whales) holding at least 100 BTC has climbed to a new all-time high, according to on-chain data from Bitcoin Magazine Pro, pointing to continued accumulation among large holders despite some recent bitcoin price dips and broader crypto market volatility. The metric tracks the total number of unique Bitcoin addresses with balances of 100 BTC or more — a cohort commonly associated with so-called “bitcoin whales,” including high-net-worth individuals, funds, corporations, and long-term strategic holders.  The latest data shows the count has surpassed all previous peaks, extending a multi-year uptrend that has persisted across several…

The Banking Committee chief confirmed Friday evening that he’s pressing forward, though the Agriculture Committee says it still hopes for a bipartisan version.

As Solana (SOL) fails to reclaim a major resistance area, a market watcher suggested that the cryptocurrency is poised to retest the November lows. However, other analysts predicted that the altcoin consolidation period may end soon. Related Reading Solana Rejected From Key Area On Friday, Solana faced a nearly 4% correction after trying to reclaim a crucial resistance zone for the second time this week. The cryptocurrency has been trading between the $120-$145 price range since the early November correction, hitting its local lows three weeks ago. Amid the crypto market’s star-of-the-year rally, SOL jumped over 13% from its yearly…

Wyoming launched a state-backed stablecoin on Solana, and Morgan Stanley filed for a Solana trust product this week. Last month, Visa expanded USDC settlement to run on Solana rails, and JPMorgan tokenized commercial paper using Solana for part of the settlement stack.These are not rumors or roadmap promises. They happened over 60 days, and they force a cleaner question than the old binary: institutions are no longer asking whether to engage with Solana, but how much exposure and on which layer.The “institutions won’t embrace Solana” claim survived as long as it did because it conflated two different bets: buying SOL…