Beiträge

Veröffentlicht am

Bitcoin slips below $92K as dormant whale moves and macro pressures mount

  • Bitcoin’s bullish price outlook remains, but a retest of support near $90,000 poses a threat to this.
  • The latest price action comes amid a whale move to transfer $84 million in BTC that had been dormant for 12 years.
  • Global stocks and crypto faced new downside pressure amid escalating US-EU trade tensions.

The Bitcoin price revisited support below $92,000 early Tuesday as a whale’s sudden jolt stirred sentiment amid a transfer of over 900 BTC worth approximately $84 million, with the coins having been dormant for over a decade.

Mounting pressures on the cryptocurrency’s price also coincide with broader market jitters, which are largely fueled by escalating US-EU trade tensions over Greenland.

BTC also traded lower as US Treasury yields rose.

Bitcoin whale moves coins dormant for over 12 years

Details shared by blockchain tracker Lookonchain showed that an old wallet, labeled “1A2hq…pZGZm,” shifted 909 BTC to a fresh address “bc1qk…sxaeh” for the first time in 12 years.

More than $84 million worth of BTC was first loaded in the wallet in 2013 when BTC traded below $7.

With prices skyrocketing over the year, the whale finds themselves sitting on unrealized profits exceeding 13,000%.

The movement mirrors similar transfers seen when Bitcoin exploded past the $100,000.

BTC price slipped nearly 2% as social media erupted with speculation of profit-taking.

However, with the whale’s funds remaining off exchanges, analysts are pointing to a possible wallet consolidation or enhanced security rather than imminent offloading.

Fed’s $3.8B liquidity injection puts crypto assets on alert

The Federal Reserve is set to inject $3.8 billion into the economy on Tuesday, drawing close attention from crypto traders who see potential upside for Bitcoin amid easing macro liquidity conditions.

The move comes as global markets refocus on liquidity, following a period of balance sheet expansion by the Fed aimed at supporting market functioning.

Such injections are often viewed as constructive for risk assets, including Bitcoin (BTC), based on the view that looser funding conditions in traditional markets can support higher asset prices.

Previous Fed liquidity operations, including a $29.4 billion repo injection in 2025, were cited by the founder of Cardano (ADA) as potentially supportive for Bitcoin and other risk assets.

During the last liquidity injection period, from December 12, 2025, to January 14, 2026, Bitcoin rose from about $90,270 to roughly $96,929.

On Monday, crypto watcher DefiWimar wrote on X that, “When traditional money printing kicks into high gear, smart money flows into crypto,” underscoring how increased liquidity can influence asset allocation decisions.

​Bitcoin faces mounting headwinds

Bitcoin has recently slid to the $90,000 level, further eroding the bullish sentiment that dominated amid the spike to above $97k.

In early Asian hours on Jan. 20, sellers pushed prices to $90,620.

This mirrored dips for Nasdaq futures, which were down by over 1.6% amid persistent headwinds in recent weeks.

While stocks have not recorded a major pullback, broader risk-off sentiment has capped the moves seen in 2026.

Cryptocurrencies have recorded similar downturns, even as gold leads safe-haven assets to new record highs.

Economist Mohamed El-Erian shared this outlook on X.

On Tuesday, Bitcoin and US stocks futures shed gains as the 10-year US Treasury yield climbed to 4.287%, a four-month high.

Notably, higher yields lift borrowing costs for loans, mortgages, and investments worldwide, impacting risk sentiment.

As El-Erian notes, President Donald Trump’s tariff threats against Europe over Greenland have sparked retaliation worries, driving bond sales and yield surges.

While the market weighs the situation, analysts say these macro risks could sideline capital from volatile assets like Bitcoin.

BTC traded just above $91,140 at the time of writing.

The post Bitcoin slips below $92K as dormant whale moves and macro pressures mount appeared first on CoinJournal.

Veröffentlicht am

Crypto firms in Hong Kong face risks as new licensing rules advance

  • A hard-start approach may force compliant firms to stop operations.
  • The HKSFPA urges a 6–12 month grace period for applicants.
  • The association also raised concerns over the CARF framework.

Hong Kong’s plan to tighten oversight of digital asset firms has raised concerns that crypto managers could be forced to suspend operations.

The warning comes from the Hong Kong Securities & Futures Professionals Association (HKSFPA), which has flagged risks associated with the potential implementation of new licensing requirements without a transition period.

The government is currently consulting on extending the city’s regulatory reach across virtual asset dealing, advisory and fund management services.

These proposals aim to close gaps in oversight but could leave active firms in limbo if licences are required from day one.

Concerns over hard launch timing

The HKSFPA’s main concern is that a “hard start” would require all market players to hold a valid licence before the new framework officially begins.

Without any grace period, this could mean that businesses awaiting approval would have to stop offering regulated services, even if they’ve submitted their applications.

This would impact firms that are already operating legally under the current rules but have not yet received a licence under the new system.

The concern is that licensing reviews could take time, especially given the complexity involved, which could create regulatory bottlenecks and disrupt the sector.

Group pushes for grace period

In a formal submission, the HKSFPA has asked for a six to twelve-month deeming period for businesses that apply ahead of the new regime’s start date.

The group believes this would allow operations to continue while the Securities and Futures Commission (SFC) processes applications.

Without such a buffer, even firms with strong compliance practices could face forced shutdowns due to administrative delays.

The application process itself is not quick, and the risk of backlogs is significant, especially as more companies prepare to enter a newly regulated environment.

Expanded oversight still under review

The proposed rules are still in the consultation phase and do not yet have a confirmed start date.

If implemented, they would mark a shift in how virtual asset services are governed in Hong Kong, moving beyond trading platforms to include advisory and fund management services.

The industry body supports Hong Kong’s aim of strengthening regulatory standards for digital assets.

However, it warns that if timelines are too rigid, it could discourage institutional involvement and slow down the adoption of compliant crypto infrastructure.

Second warning highlights implementation risk

In a separate consultation submission made this week, the HKSFPA also expressed concerns about the upcoming Crypto Asset Reporting Framework (CARF) being introduced in line with the OECD’s recommendations.

While the group supports the policy direction, it again warned that inflexible execution could lead to unintended exposure to operational and legal risks.

Taken together, the two submissions reflect a broader message from the industry: while regulation is welcomed, execution must avoid creating hurdles that push firms out of the market.

The post Crypto firms in Hong Kong face risks as new licensing rules advance appeared first on CoinJournal.

Veröffentlicht am

MakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected

  • Funds were split between two wallets holding $3.3 million and $880,000.
  • The exploit involved MEV-linked addresses and preemptive transaction timing.
  • MakinaFi has not released a technical statement or mitigation plan.

A major crypto breach has struck MakinaFi, draining millions in Ethereum from the decentralised finance platform.

The incident resulted in the loss of 1,299 ETH, valued at roughly $4.13 million at the time of the attack.

PeckShieldAlert flagged the theft on X, where it traced the movement of the stolen assets across Ethereum wallets.

The breach quickly gained traction online as blockchain analysts and on-chain trackers pieced together the flow of funds.

It became evident that the attacker moved fast, using tools and tactics that suggest a high level of technical precision.

Makinafi loses millions in ether

The exploit saw a sudden outflow of Ethereum from MakinaFi, although the platform has not yet issued a public explanation or technical breakdown.

Users and observers are left to rely on data from Etherscan and posts from security firms to understand what happened.

The total 1,299 ETH was siphoned off through a set of carefully timed transactions.

While MakinaFi has yet to share how the vulnerability was exploited, the timing and transaction order suggest that the attack wasn’t random.

There was no immediate freeze or recovery attempt reported from MakinaFi’s side.

Two wallets hold the stolen funds

On-chain data shows the stolen ETH was split between two addresses.

The first wallet, marked as 0xbed2…dE25, currently holds an estimated $3.3 million. The second, 0xE573…f905, contains around $880,000.

These wallets have not yet moved the funds further, but blockchain analysts are keeping a close eye on them.

The attacker has so far avoided sending the ETH to known mixing services or exchanges, but watchers remain alert to any shift in movement patterns.

Builder activity reveals exploit timing

Further investigation revealed links to an MEV Builder address (0xa6c2…).

This detail points to a transaction ordering strategy often used to exploit timing advantages within the blockchain.

PeckShieldAlert noted that some of the activity involved preemptive execution, a hallmark of MEV exploitation.

The use of builder-side execution implies a high degree of automation and planning.

The attacker likely used MEV tools to front-run or reorder transactions, increasing their chances of success and reducing the likelihood of detection during the transfer.

Community tracks next steps

MakinaFi has not issued any official response or update since the incident was flagged.

Without a public statement or action plan, it’s unclear whether the platform is investigating, attempting to recover the funds, or planning to compensate users.

Meanwhile, the blockchain community continues to track the stolen ETH.

Any attempt to combine the funds or offload them through exchanges could offer a chance for intervention.

Analysts are watching for token mixing, wallet consolidations, or transfers to centralised platforms, which may trigger alerts or freezes.

The lack of communication from MakinaFi leaves open questions around security readiness and risk management.

Until a full breakdown is shared, the technical details behind the breach remain largely speculative.

For now, the stolen ETH sits idle but visible — and the crypto world watches to see what happens next.

The post MakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected appeared first on CoinJournal.

Veröffentlicht am

PI rebounds above $0.19 despite selling pressure: Check forecast

Key takeaways

  • PI is up 1% in the last 24 hours, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday.
  • Selling pressure persists despite the recent slight recovery. 

Market sentiment remains bearish despite PI’s recovery

PI, the native coin of the Pi Network, is up 1% in the last 24 hours and is now trading at $1.91 per coin. The positive performance comes despite the broader cryptocurrency market recording losses in the last few hours.

According to PiScan, the reserves of centralized exchanges have decreased by 4.24 million PI tokens, indicating large withdrawals over the last 24 hours. The decline in exchange reserves reflects strong buying pressure, allowing PI to recover above $0.19.

Will PI hit $0.20 soon?

The PI/USDT 4-hour chart is bearish and efficient despite the coin adding 1% to its value in the last 24 hours. At press time, PI is trading at $0.191, roughly 30% up from Monday’s low at $0.1502. The recovery aligns with the strong buying pressure and could push PI’s price higher in the near term. 

The RSI of 33 means that PI is slowly escaping the oversold region as buyers step in. The MACD lines are still within the negative territory, indicating that the sellers have yet to fully relinquish control. 

PI/USDT 4H Chart

If the recovery continues and PI hits the $0.1919 resistance level, it could rally towards the $0.2060 psychological zone. An extended bullish run would allow PI hit the previous weekly high of $0.2116.

However, a daily candle close below $0.1919 could see PI give up some of its recent gains and retest the support levels at $0.1835 and $0.1632 in the near term.

The post PI rebounds above $0.19 despite selling pressure: Check forecast appeared first on CoinJournal.

Veröffentlicht am

DUSK dips 35% after surging 150% in seven days: Check forecast

Key takeaways

  • DUSK has dropped below $0.2, losing 35% of its value in the last 24 hours.
  • The coin rallied to $0.32 on Monday, up 150% within a week.

DUSK cools down following its recent surge

DUSK, the native coin of the Dusk Network, has dropped below the $0.20 level, losing more than 35% of its value in the last 24 hours. The bearish performance comes after the coin added 150% to its value within seven days, outperforming major cryptocurrencies.

Data obtained from CoinGlass shows that futures OI at exchanges reached a new all-time high of $47.94 million on Monday and steadied around $39 million on Tuesday. 

During that same period, the OI on the Binance exchange has reached $20.54 million, levels not seen since February 2023. The growing OI means new or additional money is entering the market, resulting in DUSK’s price surging higher. 

Santiment data also shows that the DUSK ecosystem’s trading volume reached a new all-time high of $298.43 million on Monday and steadied around $264.16 million on Tuesday. 

On Monday, Dusk announced its partnership with Chainlink to integrate key standards across DuskEVM. The integration will enable cross-chain interoperability for tokenized real-world assets and support real-time, high-integrity data for compliant financial applications, backed by NPEX, a fully regulated Dutch stock exchange.

Will DUSK rally towards $0.33?

The DUSK/USD 4-hour chart remains bullish and efficient despite the 35% pullback within the last 24 hours. It is still trading above the weekly resistance level at $0.17, with the bulls defending this level.

If the bulls regain control and DUSK closes its daily candle above the weekly resistance level, it could extend the rally toward the December high of $0.33.

DUSK/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart stands at 74, above the overbought threshold, indicating strong bullish momentum. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover.

However, if the correction persists, DUSK could extend the decline toward the 50% price level at $0.18.

The post DUSK dips 35% after surging 150% in seven days: Check forecast appeared first on CoinJournal.