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WhiteWhale Solana Memecoin Crashes 60% After $1.3M Whale Selloff

The Solana memecoin WhiteWhale experienced a 60% price crash following a $1.3 million selloff by large holders, with on-chain data pointing to a trader named Remus as a key seller. The token, initially launched on Pump.fun, faced accusations of a rug pull. Despite a partial recovery by January 20, the incident resulted in significant losses for investors. A CoinGecko report cited in the article notes that over 50% of cryptocurrencies fail, with 2025 being a record year for token failures, highlighting the high risk and volatility in the memecoin market.

TheNewsCrypto01/20 12:24

WhiteWhale Solana Memecoin Crashes 60% After $1.3M Whale Selloff

TheNewsCrypto01/20 12:24

Bermuda Partners with Circle and Coinbase for World’s First On-Chain National Economy

Bermuda is partnering with Circle and Coinbase to create the world's first entirely on-chain national economy. Announced at the World Economic Forum in Davos, the initiative aims to modernize Bermuda's financial systems, attract global digital asset investment, and establish the island as a hub for digital finance innovation. This move addresses challenges faced by local businesses, such as high costs and limited access to offshore financial services, by implementing an on-chain payment system using stablecoins like USDC for faster settlements and lower fees. Plans include pilot programs for stablecoin payments, tokenization services, and nationwide digital literacy programs. This builds on Bermuda's early crypto regulatory efforts, including the 2018 Digital Asset Business Act, which licensed firms like Circle and Coinbase.

TheNewsCrypto01/20 12:15

Bermuda Partners with Circle and Coinbase for World’s First On-Chain National Economy

TheNewsCrypto01/20 12:15

MegaETH Announces January 22 Mainnet Launch With Global Performance Stress Test

MegaETH, a high-performance blockchain, will launch its mainnet on January 22, 2026, starting with a limited-access global stress test. The test aims to process 11 billion transactions in 7 days under heavy load while maintaining ultra-low fees and real-time confirmations. Initially, only selected latency-sensitive applications—such as trading platforms, gaming, and payment services—will be allowed to participate. The goal is to evaluate network stability, speed, and cost-effectiveness before gradually opening to the public. MegaETH is designed to offer Ethereum compatibility with significantly faster and cheaper transactions, targeting real-time on-chain applications.

TheNewsCrypto01/20 12:14

MegaETH Announces January 22 Mainnet Launch With Global Performance Stress Test

TheNewsCrypto01/20 12:14

Canton Network: Is CC’s 13% breakout based on leverage alone?

Canton Network (CC) surged nearly 13% in 24 hours, largely fueled by leveraged trading in perpetual futures, as Open Interest rose by $3.12 million to $21.1 million. However, the rally shows signs of weakness: the funding rate turned negative, indicating growing short positions, and trading volume declined despite rising prices. Although CC broke out of a descending channel, targeting $0.15, momentum is fading. Moving averages suggest bearish pressure, while the RSI at 53 remains mildly bullish but is trending downward. The uptrend appears leverage-driven and vulnerable to a pullback without stronger organic demand.

ambcrypto01/20 12:02

Canton Network: Is CC’s 13% breakout based on leverage alone?

ambcrypto01/20 12:02

Quant: Are long-term holders positioning for a larger move? Assessing…

Quant (QNT) has recorded significant gains, breaking out of a bullish pennant pattern and climbing nearly 8% in a day. The price moved above the 20-day and 50-day exponential moving averages (EMAs), which may now act as support levels and signal a potential trend reversal. On-chain data supports this strength, with daily transactions rising to 60,000, indicating increased network engagement. Exchange withdrawals have dropped to a record low, with only 24 transactions recorded recently, suggesting reduced selling pressure. Long-term holders are reinvesting profits rather than withdrawing, reinforcing positive sentiment. Combined, these technical and on-chain indicators suggest the bullish momentum may continue.

ambcrypto01/20 11:32

Quant: Are long-term holders positioning for a larger move? Assessing…

ambcrypto01/20 11:32

International Crypto Crime Ring Exposed: South Korea Uncovers $100 Million Laundering Scheme

South Korean authorities have uncovered a major international crypto crime ring, involving three Chinese nationals, that laundered approximately $101.7 million (150 billion won) through an illegal foreign exchange scheme. The suspects used domestic and international cryptocurrency accounts linked to Korean bank accounts, disguising the funds as payments for cosmetic surgery and overseas education. This case emerges as South Korea strengthens its crypto oversight, planning to expand anti-money laundering rules, implement the Travel Rule for crypto transfers, and introduce Bitcoin ETFs. Additionally, the Financial Services Commission is fast-tracking stablecoin legislation and preparing to lift the ban on institutional crypto trading, albeit with potential investment caps.

bitcoinist01/20 11:31

International Crypto Crime Ring Exposed: South Korea Uncovers $100 Million Laundering Scheme

bitcoinist01/20 11:31

ARK Founder Cathie Wood's 2026 Forecast: Gold Peaks, Dollar Rebounds, Bitcoin Charts Its Own Course

ARK Invest founder Cathie Wood's 2026 outlook predicts a "Reaganomics on steroids" era for the U.S. economy, driven by deregulation, tax cuts, stable monetary policy, and technological innovation. She anticipates a strong economic rebound from a "coiled spring" state, with productivity surges (4-6% annually) and controlled inflation (possibly negative) fueling 6-8% nominal GDP growth. Wood forecasts a significant dollar rally, similar to the 1980s, which could halt gold's momentum, while Bitcoin may outperform due to its supply constraints and low correlation with other assets. She dismisses AI bubble concerns, arguing that earnings growth will justify high valuations, and expects market returns even with compressed P/E ratios. Key themes include AI-driven capital expenditure booms, corporate tax rates near 10%, and deflationary pressures from innovation.

marsbit01/20 11:13

ARK Founder Cathie Wood's 2026 Forecast: Gold Peaks, Dollar Rebounds, Bitcoin Charts Its Own Course

marsbit01/20 11:13

Revolut Seeks Full Banking Licence in Peru to Expand Latin America Push

Revolut has applied for a full banking license in Peru to expand its Latin American operations. If approved, the UK-based digital bank will operate as a fully regulated lender, offering localized banking products and competing directly with established banks. Peru's financial system is highly concentrated, with the top four banks holding 82% of all loans. Revolut sees an opportunity to increase competition and improve access, particularly for underserved users. Remittances are a key focus, as one million Peruvians rely on money sent from abroad. The move is part of Revolut's broader strategy, which has seen strong growth in crypto services and record profits in 2024.

TheNewsCrypto01/20 11:13

Revolut Seeks Full Banking Licence in Peru to Expand Latin America Push

TheNewsCrypto01/20 11:13

Injective’s ‘supply squeeze’ clears with 99% vote – What’s next for INJ?

Injective's 'supply squeeze' proposal was overwhelmingly approved with 99.89% of the vote. The plan aims to dramatically reduce the INJ token supply by doubling the token burn rate and cutting staking reward emissions in half. This aggressive deflationary upgrade complements the existing community buyback program, which has already removed over 6.8 million tokens from circulation. Despite the bullish tokenomics update, the price reaction was muted. INJ saw a brief 4% rally but gave back gains due to broader market pressures, including a Bitcoin dip. Futures market data showed persistently low demand and negative sentiment, indicating the update was overshadowed by macro conditions. It remains to be seen if the deflationary measures will significantly boost INJ's price long-term.

ambcrypto01/20 11:08

Injective’s ‘supply squeeze’ clears with 99% vote – What’s next for INJ?

ambcrypto01/20 11:08

Hong Kong Industry Group Pushes Back on Tougher Crypto Manager Rules

A Hong Kong securities industry group, the HKSFPA, has criticized key parts of the city's proposed regulatory framework for virtual asset management. The group warns that the plan could deter traditional asset managers from gaining exposure to cryptocurrencies. A major point of contention is the removal of the existing 10% threshold, which currently allows Type 9 licensed managers to allocate a small portion of a fund to crypto without a full license. The proposed rules would require a full virtual asset license for any crypto allocation, which the HKSFPA calls disproportionate and costly. The group also raised concerns that proposed custody rules, requiring assets to be held only with SFC-licensed custodians, would disrupt venture capital and early-stage token investing, as many local custodians do not support such assets. The feedback highlights the industry's desire for risk-commensurate regulation rather than a one-size-fits-all approach that could hinder Hong Kong's ambitions to become a crypto hub.

TheNewsCrypto01/20 11:05

Hong Kong Industry Group Pushes Back on Tougher Crypto Manager Rules

TheNewsCrypto01/20 11:05

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