2h ago
Bitcoin trades between $90K and $94K as Bitfinex whales close longs and short liquidity builds
Bitcoin has been capped below $94k after its recent rejection and is now moving in a narrow range between $90k and $93k, with spot price around $90,739 and a modest daily decline. While Bitfinex whales are aggressively closing long positions, a pattern that previously preceded a 50% rally to a $112k all‑time high, market liquidity is now clustered in short liquidation zones near $91.8k–$92.2k and $93.8k–$94.2k, and the long/short ratio has stayed under 1 for five straight days. With RSI sliding from 65 to 52 and demand weakening, a sustained break above $94k could trigger a short squeeze, whereas losing $90k support may open the way to $88k and heavier long liquidations.
BTC
BTC+0.61%
2h ago
3h ago
Morgan Stanley Files Solana and Bitcoin ETFs as Bollinger Flags XRP Risks and Shiba Inu Rally Fades
Bitcoin’s New Year advance is stalling near the key $90,000 support area after multiple failed attempts to hold above that level since November 2025. Morgan Stanley has filed for both Solana and Bitcoin ETFs with staking features, while Shiba Inu briefly touched $0.00001 and XRP jumped about 32% in January, drawing a cautionary technical warning from John Bollinger. Bitcoin has also posted its first post‑halving red year as traders monitor tight ranges and potential Sunday volatility around $85,000 to $90,000.
XRP
XRP-1.58%
3h ago
3h ago
Coinbase may drop backing for key US crypto bill over proposed limits on stablecoin rewards
Coinbase Global Inc. is warning US lawmakers it could withdraw support for a major digital asset bill if new rules severely restrict its ability to pay rewards on stablecoins held on its platform. The exchange wants any changes limited to stronger disclosure requirements, arguing broader bans or exclusive rights for licensed banks could threaten an estimated $1.3 billion in annual stablecoin-related revenue. The dispute over rewards, which follows the GENIUS Act's stablecoin framework passed in July, is now weighing on bipartisan support for the market structure legislation planned for early 2026.
Selected
3h ago