News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Quick Take Colder weather led to higher energy prices in the U.S., prompting Bitcoin’s mining difficulty to adjust downward for the first time since late September, 2024, according to Bitcoin mining firm Luxor. The U.S. accounts for 36% of global Bitcoin mining hashrate, with Texas alone contributing nearly half that sum, according to Luxor’s estimates.
Quick Take Transactions on the Bitcoin network fell to an 11-month low in January, indicating reduced activity on the network. Bitcoin’s backlog of unprocessed transactions has also plummeted, leading to record-low transaction fees as miners clear out Bitcoin’s mempool. Several blocks went unfilled on Saturday. Several U.S.-based Bitcoin mining firms are exploring diversifying their operations by offering compute for AI and high-performance computing workloads.
Markets shook off the DeepSeek panic, with stocks and crypto stabilizing after a chaotic week. Tech stocks split—Microsoft tanked while Google and Meta gained as traders played it safe with AI leaders. Bitcoin and Ethereum are stuck below key resistance levels, with weak momentum keeping full recovery on hold.
Polymarket data shows an 82% chance of XRP ETF approval in 2025, peaking at 89% on Jan 20 before cooling after an SEC closed-door meeting. Grayscale filed to convert its $16M XRP Trust into an ETF, joining firms like CoinShares and WisdomTree in seeking SEC approval. XRP trades below $3.10, with analysts eyeing $3.34 resistance; a breakout could test its 2018 all-time high of $3.84.
The crypto company has turned into a booming investment fund.
BTC remains resilient above $100K, but resistance at $106K challenges further gains. Whale accumulation and technical signals hint at the next trend.
- 22:26Total Cryptocurrency Market Capitalization Falls Below $4 TrillionAccording to a report by Jinse Finance, data from CoinGecko shows that the total cryptocurrency market capitalization has fallen below $4 trillion, currently standing at $3.988 trillion, marking a 2.0% decline over the past 24 hours. Among them, BTC's market dominance is 58.9%, while ETH's market dominance is 11.4%.
- 22:02BASE network’s total value locked currently stands at $4.263 billion, up 3.51% in the past 24 hoursAccording to a report by Jinse Finance, data from DefiLlama shows that the current TVL on the BASE network is $4.263 billion, with a 24-hour increase of 3.51%. The top three protocols by TVL in the ecosystem are as follows: Morpho with a TVL of $1.501 billion, up 8.82% over 7 days; AAVE with a TVL of $714 million, up 16.85% over 7 days; and Aerodrome with a TVL of $626 million, up 6.81% over 7 days.
- 21:42Solana blockchain TVL currently stands at $9.872 billionAccording to the latest data from CoinGecko reported by Jinse Finance, the current total value locked (TVL) on the Solana blockchain is $9,872,951,824, representing a 1.6% increase over the past 24 hours. The 24-hour trading volume stands at $13,980,830,371, up by 19.4%.