In the latest close session, OneSpan (OSPN - Free Report) was down 1.14% at $13.02. The stock fell short of the S&P 500, which registered a gain of 0.01% for the day. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.44%.
The internet security company's shares have seen a decrease of 0.15% over the last month, surpassing the Computer and Technology sector's loss of 0.69% and falling behind the S&P 500's gain of 0.86%.
The investment community will be closely monitoring the performance of OneSpan in its forthcoming earnings report. On that day, OneSpan is projected to report earnings of $0.31 per share, which would represent year-over-year growth of 29.17%. At the same time, our most recent consensus estimate is projecting a revenue of $59.85 million, reflecting a 2.16% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.44 per share and a revenue of $240.11 million, demonstrating changes of +9.09% and 0%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for OneSpan. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, OneSpan is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, OneSpan is presently trading at a Forward P/E ratio of 9.11. This valuation marks a discount compared to its industry average Forward P/E of 25.1.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 55, putting it in the top 23% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Pinterest (PINS) Stock Falls Amid Market Uptick: What Investors Need to Know
Pinterest (PINS - Free Report) closed the most recent trading day at $26.80, moving -2.51% from the previous trading session. This change lagged the S&P 500's daily gain of 0.01%. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.44%.
The stock of digital pinboard and shopping tool company has fallen by 1.08% in the past month, lagging the Computer and Technology sector's loss of 0.69% and the S&P 500's gain of 0.86%.
Analysts and investors alike will be keeping a close eye on the performance of Pinterest in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.68, marking a 21.43% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.33 billion, indicating a 15.15% upward movement from the same quarter last year.
PINS's full-year Zacks Consensus Estimates are calling for earnings of $1.62 per share and revenue of $4.23 billion. These results would represent year-over-year changes of +25.58% and 0%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Pinterest. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.99% upward. Pinterest presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Pinterest is presently being traded at a Forward P/E ratio of 14.59. This valuation marks a discount compared to its industry average Forward P/E of 25.1.
Meanwhile, PINS's PEG ratio is currently 0.53. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 1.61 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 55, placing it within the top 23% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Synopsys (SNPS) Stock Declines While Market Improves: Some Information for Investors
Synopsys (SNPS - Free Report) closed the most recent trading day at $514.49, moving -1% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.01% for the day. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.44%.
Prior to today's trading, shares of the maker of software used to test and develop chips had gained 9.22% outpaced the Computer and Technology sector's loss of 0.69% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of Synopsys in its upcoming release. The company is predicted to post an EPS of $3.56, indicating a 17.49% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.39 billion, indicating a 64.28% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $14.4 per share and a revenue of $9.63 billion, indicating changes of +11.54% and +36.55%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Synopsys. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 10.61% higher. Synopsys is currently a Zacks Rank #3 (Hold).
In terms of valuation, Synopsys is currently trading at a Forward P/E ratio of 36.1. This valuation marks a premium compared to its industry average Forward P/E of 23.03.
Also, we should mention that SNPS has a PEG ratio of 3.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.91.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 74, putting it in the top 31% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
SkyWater Technology, Inc. (SKYT) Stock Slides as Market Rises: Facts to Know Before You Trade
SkyWater Technology, Inc. (SKYT - Free Report) closed at $27.31 in the latest trading session, marking a -2.67% move from the prior day. This move lagged the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.44%.
Heading into today, shares of the company had gained 44.86% over the past month, outpacing the Computer and Technology sector's loss of 0.69% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of SkyWater Technology, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.01, indicating a 125% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $160 million, indicating a 111.95% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.05 per share and a revenue of $431.05 million, representing changes of -16.67% and 0%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for SkyWater Technology, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, SkyWater Technology, Inc. boasts a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 93, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Progressive (PGR) Laps the Stock Market: Here's Why
Progressive (PGR - Free Report) closed the most recent trading day at $213.15, moving +1.94% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.44%.
The insurer's shares have seen a decrease of 6.15% over the last month, not keeping up with the Finance sector's gain of 1.95% and the S&P 500's gain of 0.86%.
The investment community will be closely monitoring the performance of Progressive in its forthcoming earnings report. The company is predicted to post an EPS of $4.46, indicating a 9.31% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $21.95 billion, up 8% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $17.97 per share and revenue of $86.37 billion, which would represent changes of +27.9% and 0%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Progressive. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.9% lower. Progressive is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Progressive is presently trading at a Forward P/E ratio of 12.68. This represents a premium compared to its industry average Forward P/E of 10.56.
We can additionally observe that PGR currently boasts a PEG ratio of 1.27. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. PGR's industry had an average PEG ratio of 2.15 as of yesterday's close.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 111, which puts it in the top 46% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Comfort Systems (FIX) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Comfort Systems (FIX - Free Report) closed at $971.49, marking a -6.15% move from the previous day. This change lagged the S&P 500's 0.01% gain on the day. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.44%.
Coming into today, shares of the heating, ventilation and air conditioning company had gained 1.35% in the past month. In that same time, the Construction sector lost 1.55%, while the S&P 500 gained 0.86%.
The upcoming earnings release of Comfort Systems will be of great interest to investors. The company's upcoming EPS is projected at $6.77, signifying a 65.53% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.28 billion, indicating a 22.29% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $26.31 per share and revenue of $8.74 billion, which would represent changes of +80.21% and 0%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Comfort Systems. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Comfort Systems possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Comfort Systems is presently being traded at a Forward P/E ratio of 33.81. This represents a premium compared to its industry average Forward P/E of 23.86.
The Building Products - Air Conditioner and Heating industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 178, finds itself in the bottom 28% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Marvell Technology (MRVL) Stock Drops Despite Market Gains: Important Facts to Note
Marvell Technology (MRVL - Free Report) ended the recent trading session at $83.45, demonstrating a -1.41% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.01% for the day. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.44%.
The chipmaker's stock has dropped by 8.47% in the past month, falling short of the Computer and Technology sector's loss of 0.69% and the S&P 500's gain of 0.86%.
The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. On that day, Marvell Technology is projected to report earnings of $0.79 per share, which would represent year-over-year growth of 31.67%. Alongside, our most recent consensus estimate is anticipating revenue of $2.21 billion, indicating a 21.39% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.84 per share and a revenue of $8.18 billion, indicating changes of +80.89% and +41.87%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Marvell Technology. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.14% upward. Marvell Technology currently has a Zacks Rank of #1 (Strong Buy).
With respect to valuation, Marvell Technology is currently being traded at a Forward P/E ratio of 29.78. This represents a discount compared to its industry average Forward P/E of 34.84.
Also, we should mention that MRVL has a PEG ratio of 0.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. MRVL's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 93, positioning it in the top 38% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Moderna (MRNA) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Moderna (MRNA - Free Report) closed at $33.86, marking a -5.66% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.01%. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.44%.
Heading into today, shares of the biotechnology company had gained 23.63% over the past month, outpacing the Medical sector's gain of 2.01% and the S&P 500's gain of 0.86%.
The investment community will be closely monitoring the performance of Moderna in its forthcoming earnings report. On that day, Moderna is projected to report earnings of -$2.79 per share, which would represent a year-over-year decline of 11.6%. At the same time, our most recent consensus estimate is projecting a revenue of $683.27 million, reflecting a 29.27% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$7.98 per share and revenue of $1.95 billion, which would represent changes of +10.03% and 0%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Moderna. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.25% higher. Moderna is currently sporting a Zacks Rank of #3 (Hold).
The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 107, finds itself in the top 44% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Merck (MRK) Surpasses Market Returns: Some Facts Worth Knowing
Merck (MRK - Free Report) closed the most recent trading day at $110.99, moving +2.2% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.01%. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.44%.
Prior to today's trading, shares of the pharmaceutical company had gained 11.25% outpaced the Medical sector's gain of 2.01% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of Merck in its upcoming release. The company is slated to reveal its earnings on February 3, 2026. On that day, Merck is projected to report earnings of $2.08 per share, which would represent year-over-year growth of 20.93%. Alongside, our most recent consensus estimate is anticipating revenue of $16.18 billion, indicating a 3.56% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.98 per share and revenue of $64.81 billion, indicating changes of +17.39% and 0%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Merck. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.96% lower. Merck is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Merck's current valuation metrics, including its Forward P/E ratio of 12.97. This denotes a discount relative to the industry average Forward P/E of 15.6.
Meanwhile, MRK's PEG ratio is currently 1.11. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Large Cap Pharmaceuticals was holding an average PEG ratio of 1.59 at yesterday's closing price.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Amgen (AMGN) Stock Falls Amid Market Uptick: What Investors Need to Know
Amgen (AMGN - Free Report) ended the recent trading session at $330.05, demonstrating a -3.39% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.01%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.44%.
Prior to today's trading, shares of the world's largest biotech drugmaker had gained 8.33% outpaced the Medical sector's gain of 2.01% and the S&P 500's gain of 0.86%.
Analysts and investors alike will be keeping a close eye on the performance of Amgen in its upcoming earnings disclosure. On that day, Amgen is projected to report earnings of $4.74 per share, which would represent a year-over-year decline of 10.73%. Simultaneously, our latest consensus estimate expects the revenue to be $9.47 billion, showing a 4.2% escalation compared to the year-ago quarter.
AMGN's full-year Zacks Consensus Estimates are calling for earnings of $21.28 per share and revenue of $36.36 billion. These results would represent year-over-year changes of +7.26% and 0%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Amgen. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.11% increase. Amgen presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Amgen is presently being traded at a Forward P/E ratio of 15.75. This valuation marks a discount compared to its industry average Forward P/E of 22.11.
It is also worth noting that AMGN currently has a PEG ratio of 3.11. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Medical - Biomedical and Genetics industry had an average PEG ratio of 1.56.
The Medical - Biomedical and Genetics industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 107, positioning it in the top 44% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Freeport-McMoRan (FCX) Stock Declines While Market Improves: Some Information for Investors
Freeport-McMoRan (FCX - Free Report) closed at $54.22 in the latest trading session, marking a -2.31% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.01%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.44%.
Prior to today's trading, shares of the mining company had gained 19.48% outpaced the Basic Materials sector's gain of 5.26% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of Freeport-McMoRan in its upcoming release. The company's earnings per share (EPS) are projected to be $0.22, reflecting a 29.03% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $4.9 billion, indicating a 14.28% downward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.5 per share and a revenue of $25.09 billion, signifying shifts of +1.35% and 0%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Freeport-McMoRan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 7.23% upward. Freeport-McMoRan is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Freeport-McMoRan is holding a Forward P/E ratio of 27.39. This denotes a premium relative to the industry average Forward P/E of 26.48.
One should further note that FCX currently holds a PEG ratio of 0.92. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Mining - Non Ferrous industry stood at 0.92 at the close of the market yesterday.
The Mining - Non Ferrous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 18, putting it in the top 8% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Broadwind Energy, Inc. (BWEN) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, Broadwind Energy, Inc. (BWEN - Free Report) closed at $3.75, marking a +2.46% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.01%. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.44%.
The company's stock has climbed by 3.1% in the past month, exceeding the Industrial Products sector's gain of 0.63% and the S&P 500's gain of 0.86%.
The investment community will be paying close attention to the earnings performance of Broadwind Energy, Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.01, showcasing a 75% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $37.76 million, up 12.53% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.26 per share and revenue of $158.37 million. These totals would mark changes of +420% and 0%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Broadwind Energy, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Broadwind Energy, Inc. presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Broadwind Energy, Inc. is presently being traded at a Forward P/E ratio of 66.54. Its industry sports an average Forward P/E of 22.02, so one might conclude that Broadwind Energy, Inc. is trading at a premium comparatively.
The Manufacturing - General Industrial industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 176, putting it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:512mo ago
Why Abercrombie & Fitch (ANF) Outpaced the Stock Market Today
Abercrombie & Fitch (ANF - Free Report) closed at $129.85 in the latest trading session, marking a +2.1% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.01%. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.44%.
The teen clothing retailer's stock has climbed by 18.79% in the past month, exceeding the Retail-Wholesale sector's gain of 1.61% and the S&P 500's gain of 0.86%.
Market participants will be closely following the financial results of Abercrombie & Fitch in its upcoming release. On that day, Abercrombie & Fitch is projected to report earnings of $3.55 per share, which would represent a year-over-year decline of 0.56%. Our most recent consensus estimate is calling for quarterly revenue of $1.67 billion, up 5.54% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $9.78 per share and a revenue of $5.27 billion, representing changes of -8.51% and +6.48%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Abercrombie & Fitch. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Abercrombie & Fitch is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Abercrombie & Fitch has a Forward P/E ratio of 13 right now. This denotes a discount relative to the industry average Forward P/E of 20.54.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 44, finds itself in the top 18% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-01-08 23:572mo ago
2026-01-08 18:522mo ago
Trump Calls on Fannie and Freddie to Buy $200 Billion in Mortgage Bonds
Thank you for joining us today for this outpatient- focused webinar hosted by Lumos Diagnostics as an Antibiotic Stewardship Sponsor of the Urgent Care Association. Today's session will also feature real-world insights from WellStreet Urgent Care, one of the nation's leading urgent care organizations.
My name is Amelia Stephens, and I'm the Global Marketing Consultant for Lumos Diagnostics. I'll be moderating today's session, welcome.
Today's webinar is titled reducing diagnostic uncertainty, Rapid evidence-based antibiotics stewardship and outpatient care. Today's discussion will focus on stewardship solutions for outpatient settings. Particularly during peak respiratory season when overlapping symptoms are heightened and patient volume surge.
Next slide, please, image in. We're also joined today by Annie Bell, Vice President of Medical Affairs at Lumos Diagnostics. Annie leads clinical strategy and clinical research for Lumos' rapid diagnostic technologies and has contributed to multiple peer-reviewed clinical studies on FebriDx.
With expertise in clinical research, host response biomarkers, infectious disease, respiratory diagnostics and antimicrobial stewardship and he works closely with clinicians to evaluate and implement tools that improve diagnostic accuracy and patient outcomes.
Today, Annie will walk us through the clinical evidence behind FebriDx and explain how rapid diagnostics can support evidence-based antibiotic decision-making during the initial patient visit.
We're also joined today by Dr. Brian Bobb, Senior Medical Officer at WellStreet Urgent Care, one of the nation's leading urgent care networks. In this role, Dr. Bobb oversees quality improvement, provider and education and clinical pathway development across high-volume centers.
His work focuses on reducing unnecessary antibiotic use improving diagnostic confidence and enhancing care consistency, especially during high-volume seasons. Today, Dr. Bobb will share real-world insights from WellStreet's implementation of FebriDx, including how
Delaware filing signals early positioning as Grayscale explores altcoin ETF products. Key Takeaways Grayscale took an early procedural step toward a potential BNB ETF. BNB has lagged major crypto assets despite renewed interest in ETF products. Grayscale Investments registered a statutory trust for a proposed BNB exchange-traded fund in Delaware on January 8, 2026, according to state records. The filing establishes the legal vehicle typically used before submitting formal ETF applications to federal regulators.
The move comes as BNB is up about 4% since the start of the year, trading around $890 at press time, and underperforming major tokens such as Ethereum, Solana, and XRP, which have each rallied more than 12% over the same period.
Disclaimer
2026-01-08 22:572mo ago
2026-01-08 16:552mo ago
Shiba Inu Whales Wake Up: 111% Signals Smart Money Return
SHIB bursts out with an 111% upswing in $100K+ whale transfers as institutional participation drives in fresh liquidity.
Market Sentiment:
Bullish Bearish Neutral
Published: January 8, 2026 │ 8:55 PM GMT
Created by Gabor Kovacs from DailyCoin
The first week of 2026 was pretty wild for Shiba Inu (SHIB). The popular canine coin rode a 35% upswing along with other blue-chip meme coins, driven by demand. According to Santiment, SHIB’s crypto whales have indulged themselves in frequent Shiba Inu trading so far this week, sparking a 111% upswing in transactions beyond $100K.
Bulls Gain Balance, Enterprise Money Floods InThis has boosted Shiba Inu’s price to $0.00000969 on Monday, but the campaign towards the $0.0000100 target was halted with the help of a 6% market correction. Since Santiment confirmed the large-player capital rotation into major-cap meme coins, Shiba Inu’s bounce back now heavily relies on buying power from the largest investors.
Shiba Inu’s Balance Of Power (BOP), a key metric in understanding whether bears or bulls are leading the charge, has just flipped back to 1. This figure indicates that Shiba Inu’s bulls are trying to regain momentum, but driving up the price doesn’t come as an easy task, considering Shiba Inu’s latest statistics on Derivatives markets.
What’s Going On Behind The Scenes For SHIBDespite a close gap of $34K, short-selling crypto players had outshone the Shiba Inu price longs, who took in $284K in excessively-leveraged position liquidations. These daily liquidations reflect on SHIB’s Spot price with Thursday’s correction still going on, as the Bull Bear Power (BBP) metric confirmed bearish dominance on SHIB’s price charts.
With regulations easing & institutions embracing crypto at an unprecedented level, Shiba Inu’s growth in 2026 will rely on adoption, especially if SHIB eventually becomes the second meme coin to gain an ETF listing.
While Dogecoin’s (DOGE) fans are enjoying the bi-folded DOGE ETF submission of Grayscale’s GDOG & Bitwise’s BWOW, Shiba Inu’s progress in the exchange-traded fund (ETF) field revolves around T. Rowe’s crypto basket, including SHIB on the $1.7 trillion asset manager’s ETF red carpet. Previously, SHIB Army’s also initiated a petition for a standalone SHIB ETF.
Stay in the loop with DailyCoin’s hottest crypto news:
Binance Launches Perpetual Contracts on Gold and Silver
Flare Connects XRP To Hyperliquid Via Breaking Listing
People Also Ask:What caused the 111% uptick in Shiba Inu’s whale transactions?
Santiment data shows a 111% week-on-week increase in transactions over $100,000, driven by institutional and high-net-worth players repositioning into SHIB’s deep liquidity as a high-beta meme play for the 2026 cycle.
Is this fully-bullish for Shiba Inu’s (SHIB) price?
Mixed – the surge signals returning big money and potential accumulation, but SHIB ranks only #10 among major memes (behind FLOKI’s 950% and PEPE’s 620%), and retail interest remains low.
How does SHIB compare to other meme coins right now?
Per Santiment, memes dominate whale growth lists: #1-3 and #10 are meme projects. SHIB’s 111% is solid but trails leaders, highlighting its established liquidity drawing pros over pure hype plays.
DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2026-01-08 22:572mo ago
2026-01-08 16:552mo ago
Why XRP Could Surge to $20: Elliott Wave Expert Says “Only Bullish Scenarios Remain” After Accumulation Phase
XRP traded rather weakly on Thursday, holding just above $2.10, even after gaining roughly 13% over the past week.
Following an extended period of crypto market quiet, the crypto-asset is emerging as a key focus for investors, with analysts now pointing to a potential major recovery ahead due to various bullish signals.
Notably, data from blockchain analytics firm Santiment highlights that whale wallets holding between 10 and 10,000 XRP have quietly accumulated roughly 26% of the total circulating supply since mid-December.
“The key stakeholders are finally accumulating again, and they now hold the highest proportion of XRP since early November.” The analysts noted in a recent analysis.
This level of accumulation is being interpreted as a strong sign of confidence among institutional and high-net-worth investors, often referred to as whales.
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Santiment further noted that long-term holders are still largely in the red, with average losses around 2.55% as of New Year’s Eve. Notably, this dynamic, in which whales buy heavily while retail traders remain cautious, can often precede significant price appreciation.
“Historically, periods when large stakeholders increase their holdings while smaller traders remain hesitant can set the stage for a bullish move,” they added.
This surge in whale activity is reinforced by data that shows a sharp increase in large XRP Ledger transactions valued at $100,000 or more. The network recorded 2,170 such transfers on Monday, before activity jumped to 2,802 by the following day, marking a three-month high.
Retail sentiment, in contrast, remains largely neutral. Unlike previous rallies where retail fear-of-missing-out drove sharp short-term spikes, XRP’s current momentum appears measured and steady. Analysts see this as a positive factor, as it reduces the likelihood of sudden, unsustainable surges driven by hype.
“While retail traders are still actively purchasing dips, the market’s current steadiness suggests a healthier environment for long-term growth,” one analyst explained.
Technical indicators also appear supportive. On the weekly chart, the Relative Strength Index (RSI) has recently broken above its moving average, signaling a potential shift in momentum, as noted by crypto analyst Steph Is Crypto.
“The weekly RSI has broken back above its moving average. This is important because it usually only happens when momentum starts to shift decisively in favor of buyers.” He tweeted on Thursday.
“Since 2024, every previous RSI break above its moving average on the weekly timeframe led to strong upside and follow-through in price over the weeks that followed.”
Elliott Wave analyst XForceGlobal, a popular Elliott Wave Theory expert, also expressed bullish expectations, citing pattern recognition and market psychology.
“Here’s PROOF that XRP can easily go to $5 this cycle (and even up to $20+) using pattern recognition from the Elliott Wave Theory,” he said. “Most of the bearish ideas have been invalidated, and we are left with only two options: a bullish scenario and a very bullish scenario.”
According to him, XRP’s current setup has created a new price floor following previous market consolidations, and a flat pattern is forming, which, once resolved, could propel the token significantly higher.
“The macro is still trading within a tight range that hasn’t been done in the history of XRP’s price action and has created a new price floor that is now, in my opinion, in the validation stage before further upside based on pattern recognition.” He added.
At press time, XRP was trading at $2.128, down 2.31% in the past 24 hours.
2026-01-08 22:572mo ago
2026-01-08 16:592mo ago
XRP Price Prediction: XRP Enters Re-Accumulation After Rally – $3.20 Target Back in Focus
XRP Price Prediction: XRP Enters Re-Accumulation After Rally – $3.20 Target Back in Focus XRP
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Anas Hassan
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Anas Hassan
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Jun 2025
About Author
Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
6 minutes ago
Retail investor data from Binance reveals that XRP is entering a re-accumulation phase following a strong upward movement that has witnessed relatively stable flow percentages from both whales and retail since mid-December.
Today’s XRP price prediction indicates that balanced behavior from both whales and retail investors could trigger a rally back to $3.20.
Whale Participation Declines as Distribution Phase EndsOn-chain analyst Arabchain observed that data on XRP flows to Binance demonstrates whales accounted for approximately 60.3% of total flows, compared to 39.7% for retail investors.
Whale XRP Flows to Binance Decline, Signaling Reduced Selling Pressure
“Decline in whale flows since mid-December, although still at relatively high levels, is a positive sign in the medium term, as it reduces the likelihood of a sudden sell-off.” – By @ArabxChain pic.twitter.com/P646tKZe1u
— CryptoQuant.com (@cryptoquant_com) January 8, 2026 While whales still account for the largest share of flows, the overall trend since mid-December clearly indicates a gradual decline in their participation, after peaking above 70% in November and early December.
This decrease in whale flows coincides with a clear price correction, with the average XRP price dropping from near $3.20 during its late 2025 peak to around $2.26 currently.
“The decline in whale flows since mid-December, although still at relatively high levels, is a positive sign in the medium term, as it reduces the likelihood of a sudden sell-off,” Arabchain explained.
The indicator displays early signs of bullish reversal if the $2.20 level holds.
Institutional demand for XRP continues to be largely shaped by whale activity, with spot XRP exchange-traded funds acting as a key conduit for large capital flows.
Since the start of the year, spot XRP ETFs have attracted nearly $80 million in fresh inflows, extending a streak of consistent buying seen on trading days following the November launch of these products.
Cumulatively, total net inflows have now reached approximately $1.2 billion, while assets under management stand at around $1.53 billion, underscoring sustained interest from large investors.
XRP Price Prediction: Daily Chart Shows A-B-C-D Correction CompletingThe XRP daily chart captures a broader corrective structure that appears to be transitioning into an early reversal phase.
The price action mapped by the A-B-C-D sequence shows a completed impulsive move followed by a prolonged decline that bottomed near the D leg around the $1.60-$1.70 region.
From that low, XRP has staged a sharp rebound, but now consolidates just above the clearly defined $2.20 support zone, which has functioned as a pivotal level in recent weeks.
Source: TradingViewStructurally, the market has broken out of the descending trendline that guided the decline from the C high, suggesting downside momentum has weakened.
However, price still hovers within a tight range around $2.10-$2.30, indicating hesitation as buyers and sellers battle for short-term control.
Momentum indicators lean cautiously bullish. The RSI has rebounded above the 50 level and holds in the mid-to-high 50s, signaling improving buying pressure without entering overbought territory.
This supports the notion that the recent pullback is corrective rather than initiating a fresh downtrend.
Provided XRP holds above $2.20, the structure favors a continuation higher toward the next resistance zone in the $2.70-$3.00 region, aligning with the projected E leg on the chart.
Maxi Doge Presale: Positioned for XRP-Led RallyIf XRP reclaims the $3.00 level and resumes its bullish rally, presale projects like Maxi Doge (MAXI) would attract capital from investors seeking high ROI opportunities.
Maxi Doge is an early-stage memecoin following the Dogecoin playbook that helped it surge over 10x during the 2023-2024 breakout rally.
The presale project has established an alpha channel to help traders exchange insider tips and share trade ideas, mirroring the early days of Dogecoin.
The MAXI presale has already raised over $4.4 million and offers 70% annual staking rewards for early participants at the current $0.000277 price.
To buy early before price increases, visit the official Maxi Doge website and connect a crypto wallet like Best Wallet.
You can pay with existing crypto like USDT and ETH, or use a bank card to complete your purchase immediately.
Visit the Official Maxi Doge Website Here
2026-01-08 22:572mo ago
2026-01-08 16:592mo ago
Amazon Web Services and Ripple Signal AI Expansion on the XRP Ledger
The partnership seeks to use Amazon Bedrock to analyze massive data logs and detect anomalies in real time. AI technology will reduce network incident investigation times from several days to just 2 or 3 minutes. The system will integrate XRPL’s C++ source code with AI models to provide ultra-precise technical diagnostics. Ripple and Amazon Web Services (AWS) have partnered to propose an ambitious technical initiative that marks a historic achievement in the AI expansion on the XRP Ledger. Sources close to the project state that the companies are integrating the Generative Artificial Intelligence capabilities of Amazon Bedrock to transform how this Layer-1 blockchain is monitored and analyzed.
The XRP Ledger (XRPL), active since 2012, operates through a global network of over 900 nodes that generate a massive volume of data, estimated between 2 and 2.5 petabytes.
Until now, when a technical incident occurred, engineers had to manually track complex C++ code logs—a process that could span several days.
With the new AI expansion on the XRP Ledger, AWS ensures that this time will be reduced to mere minutes, drastically optimizing the network’s operability.
Amazon Bedrock: The Engine of AI Expansion on the XRP Ledger Basically, the innovation centers on using Amazon Bedrock as an interpretative layer between system logs and human operators. Vijay Rajagopal, Solutions Architect at AWS, explained that AI agents will be able to reason over large datasets, identifying patterns and anomalous behaviors automatically.
This technical workflow not only analyzes logs but also processes the XRPL base code repositories. By linking operational data with server standards, the AI expansion on the XRP Ledger allows models to understand how the protocol should behave, providing precise explanations for connectivity failures or node downtimes.
⚠️AMAZON WEB SERVICES & RIPPLE discussing AMAZON Bedrock for the XRPL🔥
The overview of this video:
XRPL runs on high-performance C++ code (A powerful programming language) .
At scale, C++ systems produce large volumes of cryptic logs (history).
AWS partners with Ripple, using… pic.twitter.com/2bjfT9MOkn
— ProfessoRipplEffect (@ProfRipplEffect) January 7, 2026 In summary, this technological integration—utilizing services such as Amazon S3, AWS Lambda, and EventBridge—positions the Ripple ecosystem at the forefront of blockchain infrastructure.
The AI expansion on the XRP Ledger not only improves system resilience but also eliminates technical bottlenecks, allowing developers to focus on creating new features rather than manual error resolution.
2026-01-08 22:572mo ago
2026-01-08 17:002mo ago
Pump.Fun DEX Volume Crossed $2 Billion, Will the Token Price PUMP?
Pump.Fun DEX Volume Crossed $2 Billion, Will the Token Price PUMP?PUMP drops 18% despite $2.03 billion DEX volume, signaling weak price demand.Holder accumulation stays minimal, showing lack of long-term conviction.PUMP trades near $0.00217, needing a 50% rally to recover losses.Pump.fun price action turned sharply negative after a strong rally earlier this week. The token surged alongside heightened activity on the platform, but gains quickly unraveled. Over the past 24 hours, PUMP dropped 18%, erasing momentum and rendering recent milestones ineffective in supporting price.
The decline highlights fragile confidence among participants. While Pump.fun reached record usage levels, price action failed to reflect that growth.
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PUMP Holders Show No ConvictionPump.fun reached a major operational milestone on January 6, recording $2.03 billion in daily DEX volume. Such activity typically supports bullish price movement.
However, PUMP failed to rally following the announcement, signaling weak translation of platform success into token demand.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
PUMP DEX Volume. Source: DeFiLlamaInvestor participation initially increased alongside the volume spike. Active addresses rose, suggesting heightened engagement. That participation proved conditional.
As the PUMP price began falling, many users exited positions, indicating behavior driven by anticipated gains rather than confidence in long-term value.
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PUMP Active Addresses. Source: SantimentThis reaction suggests speculative positioning dominated activity. Instead of reinforcing price stability, the milestone became a sell trigger. The lack of sustained follow-through implies that market participants viewed the event as an opportunity rather than a foundation for higher valuation.
PUMP Buying Remains WeakMacro indicators offer limited support for a recovery. Data shows the top 100 PUMP holders modestly increased positions over the past week. Their combined holdings rose by just 0.87%, reflecting restrained accumulation rather than strong conviction.
Large holders often lead trend reversals through decisive buying.
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In this case, accumulation remains minimal. The marginal increase suggests caution among influential wallets, which reduces the likelihood of a sustained rebound driven by long-term investors.
PUMP Top 100 Holders. Source: NansenWeak accumulation limits upside durability. Without meaningful capital inflows from top holders, price rallies rely heavily on short-term traders. That structure leaves PUMP vulnerable to rapid reversals during periods of volatility.
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PUMP Price Needs To Rally 50%PUMP trades near $0.00217 at the time of writing after an 18% daily decline. Price is currently holding above the $0.00212 support level. This zone now acts as immediate defense against further downside.
Despite recent gains, PUMP remains far from recovering December losses. A full recovery would require another 50% rally, which appears unlikely under current conditions.
If bearish momentum persists, the price may fall below $0.00212 and test $0.00191 support.
PUMP Price Analysis. Source: TradingViewA bullish alternative depends on stronger accumulation and improved participation quality. If investor demand increases and selling pressure eases, PUMP could rebound toward $0.00242.
A move above this level would invalidate the bearish thesis and signal renewed confidence.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-01-08 22:572mo ago
2026-01-08 17:002mo ago
Ripple's XRP Suffers Another Blow As WisdomTree Pulls ETF Application
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In a devastating blow for Ripple’s XRP, global asset management firm WisdomTree has announced the withdrawal of its Exchange-Traded Fund (ETF) application. Notably, this move comes as XRP ETFs experience significant demand in the highly competitive ETF market. Moreover, the news has triggered a substantial decline in the altcoin’s price, which just recently began to recover from previous lows.
Ripple’s XRP Declines As WisdomTree Abandons ETF XRP has faced a significant setback in its recent rally, as WisdomTree formally withdraws its registration for an ETF. Filed just over a month ago in December 2024, the asset manager has now requested the US Securities and Exchange Commission (SEC) to cancel its ETF application.
The news likely triggered the sharp decline in XRP’s price, erasing significant gains made earlier this week. WisdomTree’s filing with the US SEC confirmed that its planned ETF product would not proceed, despite months of coordination with regulators and exchanges and substantial costs invested in the project.
Notably, the filing cited Rule 477 of Regulation C under the Securities Act of 1933 and clarified that no shares had been sold under the original registration. This means the planned product was effectively halted before it reached the market.
Initially, WisdomTree’s XRP ETF was designed to provide regulated exposure to the token through shares listed on Cboe BZX. This structure followed a model similar to the asset manager’s previous Bitcoin ETF. Given that WisdomTree’s Spot Bitcoin ETF is among the most prominent and widely adopted US-based crypto products, its decision to withdraw its XRP ETF comes as a surprise.
This move highlights the underlying difficulties of launching new crypto investment vehicles, even for firms with an established reputation and a track record of success in related products. Currently, competition in the XRP ETF market is fierce, and this could have been a contributing factor to WisdomTree’s exit.
Several firms, including Grayscale, Canary Capital, Franklin Templeton, and Bitwise, are already capturing the majority of inflows, vying for liquidity in an increasingly crowded space. By stepping away from its XRP ETF plans, WisdomTree not only avoids this congestion but also strategically positions itself to recalibrate its next move in the crypto space.
XRP ETFs See First Outflow Since Launch Following WisdomTree’s withdrawal of its XRP ETF application, data from SoSovalue revealed significant outflows across four of the five available products. Daily total net inflows turned negative on January 7, recording an outflow of approximately $40.8 million.
This marks the first outflow since XRP ETFs launched in Q4 2025, ending a streak of over 35 days of consistent inflows. Canary Capital, Bitwise, Franklin Templeton, and 21Shares all experienced major outflows. Only Grayscale recorded positive flows of about 0.13%, roughly $1.69 million.
Source: Chart from SoSoValue Cumulative net inflows into the XRP ETF also reached $1.25 billion on January 6, 2026. However, as of writing, this figure has fallen to $1.2 billion, reducing the market value by approximately $5 billion.
XRP trading at $2.11 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-01-08 22:572mo ago
2026-01-08 17:002mo ago
Ethereum's BPO fork: How it will shape ETH's 2026 prediction
As L1s evolve, the pressure on decentralization naturally increases.
No doubt, that’s the main reason “scalability” has become a top priority for developers, as chains compete to handle more data without compromising security. To make that work, adding an extra layer becomes essential.
For Ethereum [ETH], this comes through L2s like Arbitrum [ARB], which developers use to build dApps without dealing with high fees. Against this backdrop, Ethereum’s latest BPO fork stands out as a meaningful upgrade.
Source: X
According to the official announcement, the fork raised the blob limit from 15 to 21, giving Ethereum-based L2s more room to post data each block. In simple terms, this means better scalability and lower costs for L2 users.
Why does this matter? L2s don’t just scale Ethereum. Instead, they also feed into Ethereum’s economic model. Put simply, as L2 usage grows, a portion of the fees they pay for settlement flows back to the Ethereum mainnet.
In that sense, this upgrade isn’t just a scaling change.
Instead, it reinforces Ethereum’s strategy of pushing activity to L2s while still capturing value at the base layer. More importantly, looking at on-chain activity, this latest fork really does feel like a strategic masterstroke.
Scaling L2s without sacrificing Ethereum’s economics The short-term impact of Ethereum’s 2025 upgrades was a bit bearish.
Take the fee structure, for example: The back-to-back upgrades lowered network fees, which hit ETH’s revenue by around $100 million, as L2 earnings dropped roughly 53%. And yet, Ethereum keeps rolling out forks.
The key reason? Network usage. As the chart below shows, L1 application TVL has now crossed $300 billion, showing that activity and adoption are still growing, offsetting lost revenue and keeping devs incentivized.
Source: Token Terminal
Notably, this is where the recent BPO fork comes in.
With Ethereum already seeing solid usage, the higher blob limit gives L2s more space to post data per block, supporting even more activity. The result? More data processed means Ethereum can recover lost revenue.
In short, this is a smart strategic move: it lets L2s scale without hurting Ethereum’s economic model, creating a strong feedback loop. More data leads to more revenue, which in turn drives even more developer activity.
Hence, this puts Ethereum’s fundamentals front and center for this cycle.
Final Thoughts Raising the blob limit from 15 to 21 gives ETH-based L2s more room per block, improving scalability and supporting higher on-chain activity. Increased L2 usage feeds revenue back to ETH’s base layer, positioning ETH strongly for 2026.
Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network. She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations. At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.
2026-01-08 22:572mo ago
2026-01-08 17:032mo ago
Nexo to offer zero-interest crypto lending for BTC and ETH holders
Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans.
According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and can be repaid using either stablecoins or collateral, depending on market conditions.
The offering expands a structured lending model that had previously been available only through Nexo’s private and OTC channels, where it facilitated more than $140 million in borrowing during 2025, according to the company.
Borrowers choose the loan size and duration up front, with terms that prevent liquidation before maturity and define the repayment range. At the end of the term, loans can be settled using either stablecoins or collateral, with the option to renew under new terms.
Nexo is a crypto financial services company founded in 2018 that offers crypto-backed loans, trading and savings services to users across 150 jurisdictions.
In April 2025, the company said that it would reenter the US market after withdrawing in late 2022 and settling a case with the Securities and Exchange Commission for $45 million in early 2023.
Defi lending grows in 2025Crypto lending has evolved significantly since 2022, when companies such as Celsius and BlockFi were widely blamed for amplifying market contagion and deepening the fallout from the FTX collapse.
In 2025, centralized lenders including Nexo, Ledn, Xapo Bank and Coinbase expanded their crypto lending offerings under more conservative, fully collateralized structures, while decentralized finance (DeFi) protocols also recorded strong growth.
According to DefiLlama data, DeFi lending products grew from about $48.15 billion in total value locked (TVL) on Jan. 1, 2025, to a peak of $91.98 billion on Oct. 7, 2025.
DeFi lending total value locked. Source: DefiLlamaAlthough the market trended lower following the Oct. 10 crypto liquidation event, activity stabilized in November and total value locked (TVL) currently stands at around $66 billion.
The DeFi lending market is led by Aave, with more than $22 billion in outstanding loans backed by over $55 billion in deposited assets, according to DefiLlama data.
2026-01-08 22:572mo ago
2026-01-08 17:132mo ago
Cardano's 5-Wave Rally On Cards, But Trend Reversal Still Unproven
Cardano’s rally from December lows has carved out a clean 5-wave impulse, nailing Fibonacci targets amid shallow corrections.
Market Sentiment:
Bullish Bearish Neutral
Published: January 8, 2026 │ 9:13 PM GMT
Created by Kornelija Poderskytė from DailyCoin
Independent crypto analyst and YouTube chartist More Crypto Online sees a potentially significant bullish structure forming on Cardano (ADA) — but stops well short of calling a full trend reversal.
In a new update focused on ADA’s recent price action, the analyst identifies a “pretty nice five wave move to the upside” starting from the December 31 low.
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In Elliott Wave terms, five waves up from a potential bottom often mark the beginning of a larger uptrend. The move, however, is described as “not the cleanest” and, crucially, “way too early to confirm a meaningful trend reversal.”
Bullish Setup Hinges On Two Key Support ZonesThe core of the analysis is conditional.
To keep the bullish count alive, the analyst wants to see ADA pull back in a *three-wave* corrective structure (an ABC), not a full impulsive five-wave decline. That would support the idea of a wave 2 correction following the initial five-wave rise from the December 31 low.
He highlights a “micro support area” between $0.391 and $0.412. As long as the pullback into this zone is corrective, “we can give the bulls the benefit of the doubt,” he says. A decisive move below $0.391 would make it “more probable that the wave 2 has already started” in a deeper correction.
The broader, more critical level sits at $0.349. Above that price, the analyst maintains the working scenario of a larger ABC pullback before another potential leg higher.
Bitcoin Correlation Amid ADA’s 48.5 Cent TriggerThe ADA outlook is explicitly tied to the wider crypto market, particularly Bitcoin.
The analyst notes that Bitcoin may still be in a larger corrective structure, with the possibility of “one more low.” As long as that scenario is on the table, he argues, ADA also faces the risk of another leg down, even if the five-wave rally from late December holds for now.
For confirmation of a more serious bullish shift, ADA would need to break above $0.485 — the swing high from December 9. A move through that level would be “next evidence” in favor of a trend reversal, but the video stops short of treating it as a certainty.
What It Means For InvestorsIn practical terms, the analysis frames ADA as being in a fragile early-stage bullish setup rather than a confirmed new uptrend. Higher prices are “on the table” as long as:
The current pullback remains a three-wave structure Price holds above Cardano’s long-term $0.349 support line No clear five-wave decline emerges to hand the lead back to the bears For traders watching ADA, the levels $0.412, $0.391, $0.349, and the $0.485 resistance form the key technical map laid out in the video.
Dig into DailyCoin’s latest crypto news today:
Binance Launches Perpetual Contracts on Gold and Silver
Flare Connects XRP To Hyperliquid Via Breaking Listing
People Also AskIs the charterer calling a new ADA bottom?
No. He explicitly says it’s too early to confirm a meaningful trend reversal.
What invalidates the bullish scenario?
A clear five-wave decline down from current levels and a break below $0.349 would strongly favor a bearish continuation.
Why is $0.485 price level important?
It’s the December 9 swing high; a break above it would be important evidence that the bullish structure is gaining traction.
DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2026-01-08 22:572mo ago
2026-01-08 17:132mo ago
Pi Network (PI) Price Predictions: Here's Why It's Hard to Stay Bullish
“At some point, you have to ask if this is innovation… or just wasted time and opportunity cost,” one X user stated.
Unlike many leading cryptocurrencies, Pi Network’s native token failed to post a substantial uptick in the opening days of the new year.
It has been in a massive downtrend over the past several months, prompting some analysts to be quite bearish about the future. Meanwhile, certain indicators suggest a further pullback could be on the horizon.
‘Hard to Stay Bullish’ PI currently trades at approximately $0.20 (per CoinGecko’s data), representing a minor 2% increase on a weekly scale and a whopping 93% collapse since the all-time high of $3 observed in February last year.
X user pinetworkmembers, who has been quite critical of the project as of late, claimed it’s “hard to stay bullish” on PI at the moment. They noted that the asset had barely moved up when BTC bounced at the start of 2026, outlining several hurdles for the price.
The main ones include the lack of support from a major exchange, “no real open mainnet,” unclear supply, centralized control, locked balances, and others.
“At some point, you have to ask if this is innovation… or just wasted time and opportunity cost,” they added.
The increased exchange supply reinforces the bearish outlook. Almost 1.8 million tokens have been transferred to centralized platforms in the past 24 hours alone, which is often considered a pre-sale step.
As of now, more than 425 million PI are stored on exchanges, with roughly 52% of that amount held by Gate.io. Bitget comes in second with around 148 million coins.
You may also like: Bitcoin (BTC) Plunges Before the FOMC Meeting, Pi Network (PI) Soars by 15%: Market Watch PI Exchange Reserves, Source: piscan.io Something for the Bulls Some analysts refuse to wave the white flag, arguing that a resurgence could be knocking on the door. X user Vuori Trading claimed that PI has been breaking out from an eight-month downtrend, predicting the price might rise to $0.57 soon.
Prior to that, Aman assumed that the asset had been “consolidating tight under key resistance after trending higher.” The market observer forecasted new peaks should the valuation surge above $0.215.
The upcoming token unlocks also deserve to be observed. Over 130 million PI are scheduled for release in the next 30 days, as today (January 8) is the record day, with 5.3 million coins freed up. The average daily unlock is around 4.36 million, which is less aggressive than in previous months and could provide some short-term price stability.
PI Token Unlocks, Source: piscan.io Tags:
2026-01-08 22:572mo ago
2026-01-08 17:222mo ago
Zcash Rebounds as Developers Clarify Exit Was Structural, Not a Walkout
Zcash Rebounds as Developers Clarify Exit Was Structural, Not a WalkoutZcash rebounded after developers clarified the exit was a governance shift, not a protocol issue.Initial losses were driven by panic selling and headline misinterpretation.The network remains operational with development continuing.Zcash (ZEC) rebounded on January 8 after an initial sharp sell-off triggered by concerns over its core development team.
The recovery followed fresh clarification from Electric Coin Company (ECC) leadership, which helped ease fears that the privacy-focused blockchain had been abandoned.
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ECC Clarification Reframes the ExitZEC price fell more than 20% at one point, briefly dropping below $390, before recovering above the $430 level.
Trading volume spiked during the decline, suggesting forced selling driven by headline risk rather than a change in protocol fundamentals.
Zcash Price Recovery After Sudden Crash. Source: CoinGeckoThe sell-off followed an earlier statement from ECC CEO Josh Swihart. The entire ECC team had left after what he described as “constructive discharge” due to governance disputes with the Bootstrap nonprofit board.
That initial message sparked concern that Zcash had lost its core developers.
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However, follow-up clarification later in the day reframed the situation. Swihart said the team remains fully committed to Zcash and has reorganized under a new startup structure.
Also, he emphasized that the move was driven by structural constraints of nonprofit governance. It was not a departure from the project itself.
Crucially, the clarification stressed that the Zcash protocol remains unaffected and fully operational.
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No consensus rules, cryptographic systems, or network infrastructure were changed.
Zcash Governance Dispute, Not a Protocol CrisisThe dispute centers on governance and organizational control rather than technical development. ECC staff exited the nonprofit structure overseeing Zcash development but retained the same team, mission, and roadmap under a new corporate entity.
This distinction appeared to be missed in early market reactions. Initial interpretations framed the event as a mass resignation or project breakdown, which accelerated selling pressure.
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As additional context emerged, sentiment began to stabilize.
fun to wake up to a barrage of AI slop bait about zcash that everyone has fallen for
no one in zcash has quit, they literally just changed the name of the company and the corp docs lmao
meaning you just got baited for a discount, won't remain for long
$10,000
— mert | helius (@mert) January 8, 2026 Several industry figures publicly criticized the early narrative, arguing that the market reaction overstated the situation. Commentary from infrastructure leaders described the event as a corporate restructuring rather than a developer exodus.
That pushback helped shift focus away from worst-case assumptions and toward the underlying continuity of development.
While governance tensions remain unresolved, the immediate risk of a protocol disruption appears to have been overstated. The market now turns to how the new development structure executes and whether clearer communication can prevent similar shocks.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-01-08 22:572mo ago
2026-01-08 17:302mo ago
Strange New Chinese AI Predicts the Price of XRP, Dogecoin and Solana By the End of 2026
Strange New Chinese AI Predicts the Price of XRP, Dogecoin and Solana By the End of 2026 Dogecoin Solana XRP
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Tim Hakki
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Tim Hakki
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A journalist and copywriter with a decade's experience across music, video games, finance and tech.
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
16 minutes ago
As 2026 gets underway, China’s strange new ChatGPT alternative, KIMI AI, has released fresh cryptocurrency price projections for XRP, Solana, and Dogecoin.
The LLM paints an optimistic picture, suggesting those who take positions in the projects today could see returns of 3x or more by the end of the year.
Here’s how KIMI AI expects them to perform if a full-scale crypto bull market ignites in 2026.
XRP (XRP): KIMI AI Predicts Ripple’s Payments Token Reaching $8Ripple’s XRP ($XRP) has started the year on a strong footing, rising roughly 14% over the last seven days to trade at $2.09. According to KIMI AI, sustaining this momentum could propel XRP to the $8 level before the end of 2026.
Source: KIMI AI
XRP dominated headlines last year after rallying to a seven-year high of $3.65 in July, following Ripple’s landmark legal win against the U.S. Securities and Exchange Commission. The ruling removed a major regulatory overhang and reignited investor confidence.
Still, XRP spent much of 2025 moving sideways between $2 and $3. A broader market downturn late in the year even dragged the price briefly below $2.
At present, XRP’s Relative Strength Index (RSI) is hovering around 54, a neutral zone that indicates strength at its current level, which was also a strong support level throughout last year.
A move to KIMI’s projected upper target would translate into gains of just under 300% for current holders.
Institutional money will be the key driver here. The recent rollout of spot XRP exchange-traded funds (ETFs) in the U.S. has already begun attracting large investors, mirroring the early stages of Bitcoin and Ethereum ETF inflows. If additional products gain approval, 2026 could become the year XRP goes mainstream.
Dogecoin (DOGE): KIMI AI Predicts an Easy 3xOriginally launched in 2013 as a joke, Dogecoin ($DOGE) has matured into one of the crypto market’s largest assets. With a market cap of almost $24 billion, it now capitalizes half of the $49 billion meme coin sector.
Source: KIMI AI
DOGE formed several constructive chart patterns in late summer and early autumn of 2026, but momentum faded after a sharp market-wide sell-off in October.
Dogecoin’s all-time high of $0.7316 was set during the retail-fueled bull run of 2021. While the Doge Army has its hearts and minds set on a $1 Dogecoin, KIMI AI views that milestone as unlikely in 2026. Instead, the model projects a peak near $0.45, which would still represent a clean 3x increase from the current price of around $0.14.
Despite being a meme coin, Dogecoin is actually a viable tender for many merchants across the globe. Tesla accepts DOGE for select merchandise, and major payment platforms such as PayPal and Revolut have added support for Dogecoin transactions, strengthening its role as a functional digital currency.
Solana (SOL): KIMI AI Targets $400 for SOLSolana ($SOL) enters 2026 as one of crypto’s most dynamic smart contract platforms. The network now supports around $9 billion in total value locked (TVL) and commands a market capitalization close to $75.9 billion, while developer activity and user growth continue to accelerate.
Source: KIMI AI
Recent launches of Solana-focused ETFs by firms such as Bitwise and Grayscale have renewed market enthusiasm, with many investors drawing parallels to the early ETF adoption phases of Bitcoin and Ethereum.
After a sharp correction in the final quarter of 2025, SOL is now back up in a local support zone after rising 8% in the last week to trade at $134. In a highly bullish scenario, KIMI AI estimates Solana could climb to $400 in 2026, a 200% increase from today’s price—well above its previous all-time high of $293 set last January.
Solana also has one of the strongest narratives of any altcoin: growing institutional interest in Solana’s tokenization of real-world assets, driven by major players like Franklin Templeton and BlackRock, reinforces SOL’s long-term upside potential.
Maxi Doge (MAXI): Early-Stage Meme Coin Outside KIMI’s ModelBeyond the classics, pre-launch token sales remain popular among investors seeking opportunities with higher-risk and higher-potential returns. Maxi Doge ($MAXI) is one such project, having raised over $4.4 million as meme coin investors pile in to Dogecoin’s degen successor.
The project revolves around Maxi Doge persona, Dogecoin’s fun, hilarious, and ripped cousin, who has spent the last decade feeling sidelined by his relative’s unprecedented popularity. Now he’s back, having mastered the art of degen trading with 1,000x leverage and no stop loss.
MAXI is issued as an ERC-20 token on Ethereum’s proof-of-stake network, leveraging Ethereum’s mature developer ecosystem and improved energy efficiency for a more modern meme coin than Dogecoin, which utilizes a consumptive Bitcoin-era proof-of-work design.
The ongoing presale offers staking rewards of up to 70% APY, though yields decline as more participants join. MAXI is currently priced at $0.000277 in its latest presale phase, with automatic price increases scheduled for future rounds. Tokens can be purchased using MetaMask or Best Wallet.
Dogecoin move over, Maxi’s the new top doge in crypto!
Stay updated through Maxi Doge’s official X and Telegram pages.
Visit the Official Website Here
2026-01-08 22:572mo ago
2026-01-08 17:342mo ago
BlackRock adds $900M in BTC as long-term selling hits 2017 lows
BlackRock added close to $900 million in Bitcoin during the first week of January, rebuilding exposure after an end-of-year drawdown and coinciding with a sharp slowdown in long-term selling.
On-chain data indicates the asset manager accumulated 9,619 BTC over the past three days, valued at roughly $878 million. BlackRock now holds about 780,400 BTC, worth close to $70 billion. The firm’s Bitcoin position peaked near 804,000 BTC on Nov. 30, before declining into year-end. The early-January purchases mark a swift reversal of that reduction.
Bitcoin’s Exchange Inflow Coin Days Destroyed (CDD) on Binance has dropped to its lowest level since 2017, indicating older coins are barely moving onto exchanges. Long-term holder supply fell from over 15 million BTC in July 2025 to 13.6 million BTC by November, and has stabilized in recent months.
Additional on-chain indicators support the view that selling pressure has eased. CryptoQuant data shows the SOPR Ratio at levels linked to market resets, with recent buyers realizing losses while long-term holders remain profitable and inactive. Bitcoin’s Net Unrealized Profit/Loss (NUPL) sits near 0.3, a zone that historically coincides with transitions from recovery into steadier conditions.
Source: Lookonchain; CryptoQuant (on-chain data)
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
2026-01-08 22:572mo ago
2026-01-08 17:362mo ago
Stablecoins just replaced Bitcoin for crime on the dark web – and the reason why is a $154 billion nightmare
The era of the hooded hacker hoarding Bitcoin in a dark web wallet is over.
In 2025, the center of gravity in the illicit cryptocurrency economy shifted decisively away from the volatility of the original cryptocurrency and toward a dense, dollar-linked shadow system.
According to new Chainalysis data shared with CryptoSlate, stablecoins accounted for 84% of the $154 billion illicit transaction volume last year, marking a clear shift in risk toward programmable dollars.
This structural shift has enabled Chinese money laundering networks to scale “laundering-as-a-service” operations while nation-states like North Korea, Russia, and Iran plugged into these same rails to evade Western controls.
Why criminals ditched BitcoinThe most striking trend in the 2025 data is the displacement of Bitcoin as the primary currency of crime. For over a decade, Bitcoin was synonymous with illicit online activity, but its dominance has eroded steadily since 2020.
As shown in the illicit activity chart below from 2020 to 2025, Bitcoin's share of dirty flows has plummeted year after year, while stablecoins have surged to capture the vast majority of the market.
Stablecoins Dominate Illicit Crypto Activities (Source: Chainalysis)This migration is not accidental. It mirrors trends in the broader, legitimate crypto economy, where stablecoins are increasingly dominant due to their practical benefits: easy cross-border transferability, lower volatility than assets like Bitcoin or Ethereum, and broader utility in decentralized finance (DeFi) applications.
However, these same features have made stablecoins the preferred vehicle for sophisticated criminal enterprises.
So, the shift away from Bitcoin represents a modernization of financial crime.
By leveraging assets pegged to the US dollar, criminal actors effectively utilize a shadow version of the traditional banking system, one that moves at the speed of the internet and operates outside the immediate reach of US regulators.
This “dollarization” of crime allows cartels and state actors to settle payments in a stable unit of account without exposure to the wild price swings that characterize the rest of the crypto market.
The geopolitical pivotIf the period from 2009 to 2019 was the “Early Days” of rogue niche cybercriminals, and 2020 to 2024 was the era of “Professionalization,” 2025 marked the arrival of “Wave 3”: Large-scale nation-state activity.
In this new phase, geopolitics has moved on-chain. Governments are now tapping into the professionalized service providers originally built for cybercriminals while simultaneously standing up their own bespoke infrastructure to evade sanctions at scale.
Russia, in particular, demonstrated the viability of state-backed digital assets for sanctions evasion. Following legislation introduced in 2024 to facilitate such activities, the country launched its ruble-backed A7A5 token in February 2025.
In less than one year, the token transacted over $93.3 billion, allowing Russian entities to bypass the global banking system and move value across borders without relying on SWIFT or Western correspondent banks.
Similarly, Iran’s proxy networks have continued to leverage the blockchain for illicit finance.
Confirmed wallets identified in sanctions designations show that Iranian-aligned networks facilitated money laundering, illicit oil sales, and the procurement of arms and commodities to the tune of more than $2 billion.
Despite various military setbacks, Iran-aligned terrorist organizations, including Lebanese Hezbollah, Hamas, and the Houthis, are utilizing cryptocurrency at scales never before observed.
North Korea also recorded its most destructive year to date. DPRK-linked hackers stole $2 billion in 2025, a figure driven by devastating mega-hacks.
The most notable of these was the February Bybit exploit, which resulted in losses of nearly $1.5 billion, marking the largest digital heist in cryptocurrency history.
Money laundering industrializationThis surge in volume is supported by the emergence of Chinese money laundering networks (CMLNs) as a dominant force in the illicit on-chain ecosystem. These networks have dramatically expanded the diversification and professionalization of crypto crime.
Building on frameworks established by operations such as Huione Guarantee, these networks have created full-service criminal enterprises.
They offer specialized “laundering-as-a-service” capabilities, supporting a diverse client base that ranges from fraudsters and scam operators to North Korean state-backed hackers and terrorist financiers.
A key trend identified in 2025 is the increasing reliance of both illicit actors and nation-states on infrastructure providers that offer a “full stack” of services.
These providers, which are themselves visible on-chain, have evolved from niche hosting resellers into integrated infrastructure platforms. They provide domain registration, bulletproof hosting, and other technical services specifically designed to withstand takedowns, abuse complaints, and sanctions enforcement.
By offering a resilient technical backbone, these providers amplify the reach of malicious cyber activity. They allow financially motivated criminals and state-aligned actors to maintain operations even as law enforcement agencies attempt to dismantle their networks.
Convergence of digital and physical threatsWhile the narrative of crypto crime often focuses on digital theft and laundering, 2025 provided stark evidence that on-chain activity is increasingly intersecting with violent crime in the physical world.
Human trafficking operations have increasingly leveraged cryptocurrency for financial logistics, moving proceeds across borders with relative anonymity.
Even more disturbing is the reported rise in physical coercion attacks. Criminals are increasingly using violence to force victims to transfer assets, often timing these assaults to coincide with cryptocurrency price peaks to maximize the value of the theft.
Illicit activity remains less than 1% of crypto economyDespite these alarming trends, the broader context remains important. The illicit volumes tracked in 2025 remain less than 1% of the legitimate crypto economy.
However, the qualitative shift in that 1% is what concerns regulators and intelligence agencies. The integration of nation-states into the illicit supply chain via stablecoins raises the stakes for national security.
As government agencies, compliance teams, and security professionals look toward 2026, the challenge will be disrupting a professionalized, state-sponsored shadow economy that has successfully weaponized the efficiency of modern finance.
Cooperation among law enforcement, regulatory bodies, and crypto businesses will be crucial, as the integrity of the ecosystem now intersects directly with global geopolitical stability.
Mentioned in this article
2026-01-08 22:572mo ago
2026-01-08 17:372mo ago
Breaking: Zcash Price Crashes 20% as Core Developer Team Resigns
Zcash Price Today: ZEC Suffers Sharp Sell-OffZcash ($ZEC) is under heavy selling pressure after shocking news hit the market. The privacy-focused cryptocurrency crashed by around 21% in the past 24 hours, erasing approximately $1.6 billion from its market capitalisation.
ZEC price in USD - TradingView
The sell-off comes as the broader crypto market is already turning bearish, amplifying downside moves across altcoins — with ZEC among the hardest hit.
Why did ZCash Crash? The sudden crash followed confirmation that the entire Zcash core development team has resigned simultaneously.
Electric Coin Company (ECC), one of the main firms responsible for developing Zcash, announced that its full team stepped down after a governance dispute with Bootstrap, a nonprofit entity created to support the Zcash network.
This internal conflict raised serious concerns among investors about:
The future development of the protocolGovernance stabilityLong-term innovation and maintenanceMarkets reacted immediately, pricing in uncertainty and execution risk.
ZEC Chart Analysis: Panic Selling Breaks Key LevelsLooking at the ZEC/USD chart, the price action clearly reflects panic-driven selling.
ZEC/USD 4H - TradingView
ZEC was already trending lower before the news, but the resignation announcement triggered a near-vertical sell-off, pushing price sharply below previous support zones.
Key observations from the chart:
Strong breakdown from the $480–$500 areaRapid move toward the $385 zoneBrief rebound attempt, followed by weak consolidationThis type of price action typically signals capitulation, especially when paired with negative fundamental news.
Bearish Market Conditions Add Fuel to the DropThe timing of the news made the move even more aggressive. Crypto markets are currently under pressure, with risk appetite fading and traders rotating out of altcoins.
In a bearish environment:
Bad news gets punished harderLiquidity dries up quicklyRecovery attempts tend to be short-livedZEC’s drop reflects both project-specific risk and broader market weakness.
What’s Next for Zcash?In the short term, ZEC remains highly volatile. Any meaningful recovery would likely require:
Clear communication on governance and development continuityReassurance that protocol upgrades will continueStabilisation across the wider crypto marketUntil then, ZEC may continue trading under pressure, with rallies facing strong selling interest.
2026-01-08 22:572mo ago
2026-01-08 17:382mo ago
Is a $2.9 Million Bitcoin Possible? VanEck's New Capital Report Says Yes
Recently, VanEck, through analysts Matthew Sigel and Patrick Bush, published a report estimating that the Bitcoin price in 2050 could reach $2.9 million. They claim this valuation is based on a 15% compound annual growth rate, driven by the cryptocurrency’s transformation into a global medium of exchange and a fundamental reserve asset for central banks.
This hypothetical scenario responds to a structural shift called the “Reserve Pivot,” where the loss of confidence in G7 sovereign debt would force financial institutions to seek refuge in decentralized assets. The firm suggests that if “hyper-bitcoinization” occurs, the Bitcoin price in 2050 could even escalate to $53.4 million, surpassing gold as the primary pillar of the international financial system and store of value.
Looking ahead, analysts should monitor the cryptocurrency’s negative correlation with the US Dollar and its capacity to settle international trade. While the base projection is ambitious, VanEck also proposes a bearish scenario of $130,000, emphasizing that the evolution of the Bitcoin price in 2050 will strictly depend on its institutional adoption in the face of global monetary debasement.
Disclaimer: Crypto Economy Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
2026-01-08 22:572mo ago
2026-01-08 17:452mo ago
XRP Price Prediction: Spot Trading Arrives After Years of Waiting, Is This the Missing Piece for XRP Bulls?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Alejandro Arrieche
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Alejandro Arrieche
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Dec 2024
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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
12 minutes ago
A new spot product for XRP just went live on Hyperliquid, giving investors another way to gain exposure through one of the most active decentralized exchanges in the market.
The launch, seen as a bullish development for XRP price predictions, comes courtesy of Flare, a Layer-1 blockchain focused on cross-chain interoperability.
Their new token, FXRP, is designed to integrate XRP into the Hyperliquid ecosystem, expanding access and utility for one of crypto’s most closely watched assets.
Through this token, investors will be able to buy XRP on Hyperliquid’s spot market for the first time since the platform was launched.
FXRP is a wrapped version of Ripple’s native asset that is fully collateralized by XRP. Investors can redeem the token for the underlying asset at any given point on the XRP Ledger as well. Dhruv Shah, an analyst for Flare, explained that the launch is part of a move to make the token EVM-compatible.
With this new token, investors will also be able to earn yield on their XRP holdings through Flare’s earnXRP program.
This program offers an 8% annual percentage yield (APY), and it is available on the Flare Network.
XRP Price Prediction: Fibonacci Retracement Sets Key Support at $2.03In the past week, XRP has gone up by 12% as the crypto market bounced back strongly since the year started.
Source: TradingViewHowever, the price just hit a sell wall once it reached the 200-day exponential moving average (EMA). It now seems headed to retest the $1.90 area to see if buying interest is still strong enough.
The $2.03 area is the key support to watch as this coincides with the 61.8% Fibonacci level. This is the lowest this pullback may go to keep the uptrend alive.
If the price bounces off this mark, then XRP could soon retest the 200-day EMA. In that case, the odds of a bullish breakout will rise rapidly. In that case, a quick move to $3 will be highly likely as well.
New projects like Flare tend to attract significant attention with this kind of innovation. Similarly, a top crypto presale called Bitcoin Hyper ($HYPER) has raised over $30 million to launch the first real Bitcoin L2, built on Solana.
Bitcoin Hyper ($HYPER) Taps on Solana’s Efficiency to Unlock BTC’s Full PotentialBitcoin Hyper ($HYPER) is a scaling protocol for the Bitcoin OG blockchain that leverages Solana’s low fees and fast transaction processing speeds to kickstart a new era for Bitcoin’s DeFi ecosystem.
BTC holders will be able to access a growing list of decentralized apps through this L2 without having to move their assets out of the Bitcoin blockchain.
Investors will get the chance to earn yield, stake, and lend their BTC like never before.
With top wallets and exchanges beginning to pay attention to Bitcoin Hyper, demand for its native token $HYPER is expected to climb quickly.
To buy $HYPER at its discounted presale price, simply head to the official Bitcoin Hyper website and link up any compatible wallet (e.g. Best Wallet).
You can either swap USDT or SOL for this token or use a bank card to invest in seconds.
Visit the Official Bitcoin Hyper Website Here
2026-01-08 22:572mo ago
2026-01-08 17:462mo ago
Truebit protocol confirms security incident as exploit drains over $26m in ETH
The Truebit protocol has confirmed a security incident involving one of its smart contracts on 7 January. The on-chain exploit resulted in the loss of more than 8,500 ETH, valued at approximately $26–26.5 million at current prices.
In a statement posted on X, Truebit said it had identified malicious activity linked to the “Truebit Protocol: Purchase” contract at address 0x764C64b2A09b09Acb100B80d8c505Aa6a0302EF2, and urged users not to interact with the contract until further notice.
The team said it is working with law enforcement and will provide updates through official channels.
Pricing flaw enabled free token mints While Truebit has not yet disclosed technical details of the vulnerability, on-chain analysis indicates the exploit stemmed from a pricing logic failure in the contract’s getPurchasePrice[uint256] function.
The function reportedly returned a zero price for unusually large mint requests, allowing attackers to mint tokens at no cost.
Using this flaw, the attacker was able to repeatedly mint and sell tokens back into the protocol’s bonding curve, draining ETH reserves through a rapid buy-sell loop.
One of the primary exploit transactions used a function explicitly labeled “Attack”.
The majority of the stolen funds were consolidated into a single address, with a smaller portion routed to a secondary wallet.
Funds moved through Tornado Cash Shortly after the exploit, roughly half of the stolen ETH was routed through Tornado Cash, according to transaction records.
The rapid use of mixing services suggests the exploit was deliberate and pre-planned, rather than opportunistic.
Truebit TRU token price collapses The exploit had an immediate market impact. The TRU token fell sharply following the incident. It dropped more than 60%, from around $0.16 to $0.005 in a single 12-hour candle on major exchanges.
Source: TradingView
The drop reflects traders’ reaction to the scale of the loss and uncertainty around remediation.
Exploit reflects broader trend in crypto crime The Truebit incident comes amid a broader rise in crypto-related crime.
Data from Chainalysis shows that illicit cryptocurrency transactions increased sharply in 2025, primarily driven by stolen funds and activity associated with sanctioned entities.
The data showed a jump to approximately $154 billion in 2025.
Source: Chainalysis
The trend highlights how economically motivated attacks continue to target weaknesses in smart contract logic, particularly those tied to pricing and token issuance mechanisms.
At the time of writing, Truebit has not announced recovery plans or whether users will be made whole.
The team has reiterated that updates will be shared via its official communication channels.
Final Thoughts The Truebit exploit highlights how pricing and boundary-condition bugs remain among the most dangerous smart contract risks, even without complex attack vectors. The incident adds to growing evidence that economically motivated exploits continue to scale alongside broader crypto adoption.
2026-01-08 22:572mo ago
2026-01-08 17:472mo ago
Zcash Developers Leave Electric Coin Company to Launch Independent Firm
TLDR: Entire Electric Coin Company development team exits to form independent Zcash-focused firm A governance dispute with Bootstrap board members triggers mass departure from ECC structure Zcash protocol remains fully operational despite organizational split affecting development team ZEC price drops 9.78% in 24 hours as market reacts to news of developer team reorganization Zcash developers are launching a new company after collectively departing Electric Coin Company following governance tensions with Bootstrap board members.
The entire ECC team exited the organization and plans to continue developing privacy-focused cryptocurrency solutions under a fresh corporate structure.
Josh Swihart announced the move through social media, explaining the split stemmed from disagreements with board leadership.
Despite the organizational change, the development team maintains its original mission while ZEC trades at $428.97 amid market volatility.
Formation of New Development Entity The former Electric Coin Company team is establishing an independent organization to pursue Zcash-related development work.
Swihart confirmed the same team will operate under new management structures. The developers cited fundamental disagreements with Bootstrap board members as the primary catalyst for forming a separate entity.
Over the past few weeks, it's become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into…
— Josh Swihart 🛡 (@jswihart) January 7, 2026
Board members Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai reportedly altered employment terms in ways the development team found untenable.
The changes made it difficult for developers to execute their responsibilities with integrity. Rather than compromise their vision, the team chose to build a new operational framework.
The newly formed company will maintain focus on creating what developers call “unstoppable private money.” This mission aligns with the original goals that guided their work at ECC.
The transition allows the team to operate independently from governance structures they believe hindered progress.
Network Stability and Industry Perspectives Zcash protocol operations continue without disruption despite the organizational split. The blockchain’s open-source and permissionless nature ensures users can transact normally regardless of corporate changes. Technical infrastructure remains secure and functional throughout the transition period.
Zooko Wilcox offered measured commentary on the situation without directly involving himself in the dispute. He vouched for the character of the Bootstrap board members named in the controversy.
1. The Zcash network is open source, permissionless, secure, and private, and nothing that happens in this conflict can change that. You can safely continue to use Zcash. 👍 ⤵️
— zooko🛡🦓🦓🦓 ⓩ (@zooko) January 7, 2026
His decade-long professional relationships with several board members informed his assessment of their integrity.
Market participants reacted to the news with ZEC declining 9.78% in 24 hours and 17.93% over seven days as of this writing. Trading volume surged to $1.59 billion during this period.
The price movement suggests investor uncertainty about organizational stability, though technical fundamentals remain solid.
The development team promised additional information about their new venture soon. Meanwhile, the split demonstrates how cryptocurrency projects navigate tensions between decentralized principles and organizational governance.
Both parties maintain their actions serve the broader Zcash ecosystem and community interests moving forward.
2026-01-08 22:572mo ago
2026-01-08 17:492mo ago
Solana Price Prediction: Solana Just Quietly Took Over Wall Street's Hottest New Trend – Is This the Most Bullish Chart in Crypto?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Harvey Hunter
Content Writer
Harvey Hunter
Part of the Team Since
Apr 2024
About Author
Harvey Hunter is a Content Writer at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
8 minutes ago
Solana is quietly proving to be Wall Street’s blockchain of choice, carving out a strong foothold in the RWA narrative that could drive bullish Solana price predictions.
The altcoin dominates the tokenised stock trend, hosting roughly 57% of the $1 billion in on-chain stock assets under management (AUM) through its platform xStocks
Tokenised Stock AUM by blockchain ($). Source: Dune Analytics.A lead that only stands to widen with the Alpenglow upgrade expected in early to mid-2026, set to make the network up to 100x faster with sub-second finality.
Solana is preparing a major consensus upgrade called Alpenglow, targeting sub-second finality.
Alpenglow replaces Tower BFT + PoH with two new components:
• Votor (vote aggregation)
• Rotor (stake-weighted block propagation)
Finality latency could drop from 12.8s → 100–150ms.… pic.twitter.com/8llTYRY7qa
— VAYLA (@vaylamanager) January 5, 2026 As a closer match to the throughput demand of traditional finance markets, Solana is uniquely positioned as the infrastructure to bridge TradFi and DeFi. Particularly for high-frequency, compliance-heavy products like tokenised equities.
With regulation pushing tokenization deeper into the mainstream, even capturing a tiny slice of U.S. stock market trading volumes could translate into a meaningful surge in on-chain activity, fees, and long-term demand for SOL as the utility token behind it.
Solana Price Prediction: Hottest Setup in Crypto?As the bull market matures, sticky adoption of tokenised equity could bring the demand needed to finally realise a year-long descending channel.
Still, stubborn multi-month resistance at $145 suggests a breakout move may not be ready just yet, particularly as momentum indicators show exhaustion.
SOL USD 1-day chart, year-long descending triangle. Source: TradingView.The RSI has made a sharp reversal after hitting the 70 oversold threshold, a typical indicator of local tops. The MACD follows with a narrowing gap above the signal line.
Traders should watch closely for a higher low to confirm an uptrend, keeping the historic resistance and key breakout threshold at $210 in focus.
Fully realized, the pattern eyes a potential 280% move to $500.
And if Solana can become the underlying infrastructure for mainstream financial institutions, a 650% move to $1000 could be in the cards.
However, the onboarding of Wall Street will likely be a slow process, making the full price impact of adoption unlikely to be realised over the near-term.
Bitcoin Hyper: Solana Could Have CompetitionThose who chose Solana as their TradFi bet may soon need to reconsider, as the Bitcoin ecosystem finally tackles its biggest limitation: scalability.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security with Solana tech, creating a new Layer-2 network that unlocks scalable, efficient use cases Bitcoin couldn’t support on its own.
Just like the Ondo Layer-2 did for Ethereum, Bitcoin Hyper could bring Bitcoin into the RWA conversation.
The project has already raised over $30 million in presale, and post-launch, even a small fraction of Bitcoin’s massive trading volume could send its valuation significantly higher.
Bitcoin Hyper is fixing the slow transactions, high fees, and limited programmability that have long capped Bitcoin’s potential – just as the market turns bullish.
Visit the Official Bitcoin Hyper Website Here
2026-01-08 21:572mo ago
2026-01-08 15:182mo ago
Truebit token price falls 99% after reports of $26M exploit
The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether.
The Truebit protocol reported a security incident “involving one or more malicious actors” with a smart-contract address suggesting the loss of $26 million worth of Ether.
In a Thursday X post, Truebit said it was in contact with law enforcement and “taking all available measures” following the security incident. Crypto sleuths monitoring the protocol reported that the exploit had resulted in the removal of 8,535 Ether (ETH), worth about $26.6 million at the time of publication.
Source: TruebitThe affected smart contract address provided by Truebit showed only small amounts of ETH stolen. However, analysis from Lookonchain and other sleuths signaled that the total amount of crypto stolen in the attack was worth more than $26 million.
It’s unclear what led to the multimillion-dollar exploit or whether user funds were at risk. Cointelegraph reached out to Truebit for comment on the incident, but had not received a response at the time of publication.
Almost immediately following reports of the exploit, the price of the Truebit (TRU) token plummeted to an all-time low. According to data from Nansen, the TRU price fell more than 99% to $0.0000000029 from about $0.16 at the time of writing.
Truebit hack follows major exploits in 2025December saw several significant hacks and exploits resulting in millions of dollars worth of digital assets stolen.
The Flow Foundation reported that an attacker had managed to counterfeit tokens on the network on Dec. 27, resulting in about $3.9 million in losses. Hackers also targeted Trust Wallet’s Chrome browser extension using a malicious update to steal $7 million.
Despite these incidents, blockchain analytics platform PeckShield reported on Jan. 1 that the total losses across the crypto industry due to exploits and hacks dropped to $76 million in December from $194 million in November .
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
2026-01-08 21:572mo ago
2026-01-08 15:202mo ago
Meme Coin News: Memes Roar Back as Risk-On Returns to Crypto
Memes are back in top form this week, with some of the top performing major meme coins tacking on upwards of 40% week-over-week (WoW).
TL;DR: Sentiment: market bounce revives risk-on; meme coins regain trader attention. Launchpads: Pump.fun’s PumpSwap accelerates churn; Solana still leads meme issuance. Risks: Shibarium restitution deadline looms; BONK.fun revenue flows reach public markets. With the broader cryptocurrency market seeing a bounce, meme coins are back in vogue this week.
Most popular memes are soaring, but a handful didn’t get the memo.
Here’s the scoop on what went down in the meme coin sector this week 👇
Meme Coin Snapshot Memes are back in top form this week, with some of the top performing major meme coins tacking on upwards of 40% week-over-week (WoW).
Pepe (PEPE) and Fartcoin (FARTCOIN) are leading the charge among the top 10 list, gaining 47.6% and 41.6%, respectively.
But Department Of Government Efficiency (DOGE) led the narrative with a 621% gain on significant trading volume, sending it to a $21.4 million market capitalization (mcap).
As is typical with meme coins, a handful of major names saw contrarian price action—dumping hard.
Some of the worst performers include:
Meme Coin Launchpad Metrics Pump.fun (Solana’s largest meme coin launchpad) continued to outperform Four.meme (BNB Chain’s largest meme coin launchpad) across most major metrics this week, solidifying its position as the most popular launchpad.
Pump.fun currently achieves roughly 10x the number of daily token launches of Four.meme. The monthly graduation rates of the two platforms is ~0.65% vs 0.62%, respectively.
This suggests Solana is still the home for meme coins, at least for now.
Meme Coins vs Other Sectors With the CMC Crypto Fear and Greed Index ticking back into neutral territory, speculators are beginning to switch risk-on.
This has resulted in the meme coin sector outperforming most others over the last week.
The meme coin sector was second only to the DePIN sector in terms of its mcap-weighted category performance. The sector saw a seven-day mcap-weighted gain of 14.5%, eclipsing most other sectors.
Source: DefiLlama
Chain Specific Highlights Meme coins across most L1s saw a major recovery this week, fueled by more favorable macroeconomic conditions and a reset of trader sentiment moving into 2026.
Some highlights across prominent L1s include:
Ethereum: Shiba Inu (SHIB) up 22.4% Solana: SPX6900 (SPX) gained 21.7% BNB Chain: Floki (FLOKI) soared by 31% Highlights across major L2s include:
Base: Brett (BRETT) spiked 27.6% Arbitrum: Degen (DEGEN) pumped 26.2% Meme Coin News Roundup Another week, another wave of major developments in the meme coin space. Below, we’ve summarized a handful of the most significant to bring you up to speed.
Pump.fun Expands PumpSwap Beyond ‘Just Memes’: Pump.fun pushed PumpSwap as a broader on-chain venue, highlighting support for select verified partner tokens and detailing how trading fees are allocated.
K9 Finance Sets a Hard Restitution Line: K9 Finance reiterated a Jan. 6, 2026, deadline for victims to be made whole following the Shibarium bridge incident, warning a DAO vote on its future relationship with Shibarium if resolution stalls.
BONK.fun ‘Meme Revenue’ Hits Public Markets: Bonk, Inc. (Nasdaq: BNKK) disclosed a $1M value transfer attributed to its BONK.fun revenue interest (half cash & half BONK), framing it as a “revenue-to-treasury” flywheel.
What You Can Do Now With the meme coin market heating up, here’s how you can stay ahead of the game.
Peep the trending list: Spot narratives early and position accordingly (click here ➜ click trending) Automate your research: Get CMC AI to dive into the projects you’re most excited about. >> That’s all for this recap! Check in next week for more on the latest meme coin news and developments.
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2026-01-08 21:572mo ago
2026-01-08 15:502mo ago
Morgan Stanley to launch Bitcoin, Ether, and Solana trading on E*Trade and its own digital wallet in 2026
Morgan Stanley is rolling out major changes to how it handles digital currencies, employee stock programs, and private company investments in 2026, with plans that company executives say work together as part of a single vision for the future of finance.
Jed Finn, who runs wealth management at Morgan Stanley, said the bank’s various moves are connected. “It all fits together in a broader strategy of adapting to the change in the industry and in some cases driving the change in the industry,” Finn told Barron’s Advisor.
The investment bank revealed last year it would team up with Zerohash, a company that builds cryptocurrency systems, to let people buy and sell Bitcoin, Ether, and Solana through E*Trade. Finn said that the feature should be ready to use in the first six months of this year. After that, Morgan Stanley plans to introduce its own digital wallet in the second six months of 2026. The bank sees this wallet as more than just a place to hold coins; it wants to eventually use it for trading all kinds of assets that exist in digital form.
“This is really a recognition that the way that financial service infrastructure works is going to change,” Finn said. He explained that as the bank builds out its systems, it will be able to mix traditional banking with newer forms of digital finance.
That could mean letting customers borrow money against their cryptocurrency to buy stocks, or the other way around. It might also involve making loans based on cryptocurrency that people keep in cold storage, which is a way to hold digital money offline for safety.
Morgan Stanley also expanded its relationship last year with Carta, a software company that helps private businesses track who owns their stock. The deal lets Morgan Stanley offer financial planning services to workers at those companies. This builds on an agreement from 2024 that made Morgan Stanley the only firm handling shares for companies getting ready to go public.
Capturing private company employees and founders The Carta deal brings together two major players in managing company ownership records. For Morgan Stanley’s wealth division, it opens doors to founders, executives, and early investors who hold big stakes in young companies. These people often have questions about getting cash from their holdings, spreading out their investments, planning for retirement, and other money matters that Morgan Stanley can help with better than Carta can.
“What became clear is that if we could partner with Carta to deliver Morgan Stanley Wealth Management capabilities through the Carta platform to the individuals, we would be able to help everybody involved,” Finn said. He noted that many people involved with private companies have wealth on paper that has not yet turned into actual money. “But we’re in this for the long haul. We’re in this for 20, 30, 40 years—multiple generations.”
EquityZen deal opens door to pre-IPO investing Morgan Stanley is also working to give more people access to private companies. A key part of this effort is buying EquityZen, a marketplace for trading private company shares. Morgan Stanley agreed to purchase EquityZen last year, and the deal should finish early in 2026.
Getting EquityZen will let Morgan Stanley’s regular wealth customers invest in private companies and grow its business with companies that want to sell more of their stock before going public.
“The average time to IPO 20 years ago was five years, and today it’s 14 years, and so all of our clients are missing out on that wealth creation,” Finn said. He explained the bank wanted to give customers access to opportunities usually limited to venture capital firms and large institutional investors.
Finn said Morgan Stanley picked EquityZen over other private share exchanges because it works directly with the companies issuing stock. Other exchanges use different types of contracts that can make company leaders lose track of who controls their shares, he said. “We didn’t want to be doing anything around the companies.”
The EquityZen purchase fits with the Carta partnership by strengthening Morgan Stanley’s ties to private companies with valuable stock. The bank wants to help arrange limited share sales for raising money and use its Carta connection to update ownership records.
Looking ahead, Finn sees the digital money systems Morgan Stanley is building eventually changing how private shares are sold. At first, sales on EquityZen will work the old-fashioned way. But later, private companies might turn portions of their stock into digital tokens to make trades between buyers and sellers easier.
“One huge benefit is transaction efficiency for the company,” he said. “Once there’s a digital representation of that share of value for the private-market company, it can trade seamlessly and no one has to sign anything and it becomes an instantaneous settlement.”
The move comes as real-world asset tokenization continues to gain traction across the financial industry, with experts predicting the market could reach trillions of dollars in the coming years.
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2026-01-08 21:572mo ago
2026-01-08 15:532mo ago
2,692,600,000 XRP Turn Bearish as Binance Users Ignite Selling Pressure
XRP is seeing its first price dip in 2026 amid the broad shift in market sentiments. While the massive rally it saw earlier this year has delivered notable gains to holders, it appears that traders are beginning to take profit.
Amid this declining momentum, on-chain data from CryptoQuant shows that about 2,692,600,000 XRP is currently sitting on the world’s largest cryptocurrency exchange, Binance.
Binance users are selling XRPThe surge in the XRP reserve on Binance has flashed warning signs that the ongoing price slump might be prolonged, as holders appear to be selling off their assets.
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Although exchange reserves are key indicators of liquidity and accessibility, they often represent impending headwinds on the concerned asset’s price action, hinting that a major price move, either bad or good, may be coming soon.
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As such, it is important to note that increases in exchange reserves, as seen in the current XRP reserve on Binance, represent an early warning sign for a deeper price drop in the price of the asset.
While nearly 2.7 billion XRP is currently sitting on Binance, the XRP exchange reserve on the platform has increased decently by 0.30% over the last day.
This implies that traders on Binance are increasingly selling off their assets, possibly to take profits after the prolonged Q4 2024 volatility or to hedge against potential market bloodbaths in the new year.
XRP open interest dips 3.61%The bearish trend seen in XRP’s on-chain activity and trading price has also extended to the futures market, as only 1,960,000,000 XRP have been committed in active futures contracts as of January 8.
With the declining momentum, XRP open interest across all supported exchanges has declined by 3.61% over the last 24 hours. This suggests weakening investor confidence as momentum continues to fade.
Source: TradingView Amid the negative market trend, XRP has slumped by 3.28% over the last 24 hours, and it is trading at $2.12 as of writing time.
Fidelity Digital Assets has noted that Bitcoin's volatility has plunged to the lowest level ever.
"Realized volatility" measures how much an asset's price fluctuates over a specific period (in this case, one year). A score of 42% is exceptionally low for Bitcoin, which has historically seen annual volatility exceeding 100% or even 200% in its early years.
In plain words, Bitcoin is currently "boring." This "uncharacteristic" calm suggests Bitcoin is losing its "casino" status. It is trading within a tighter range than usual, without the violent 20-30% daily swings that characterized previous cycles.
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However, it is worth noting that volatility tends to be cyclical in financial markets. It transitions from periods of high turbulence to low stability. A drop to 42% indicates extreme compression, which is comparable to a spring being coiled tight.
A new all-time high?Fidelity Digital Assets has identified a rare and historically bullish signal: Bitcoin has become unusually stable.
It illustrates a technical phenomenon where periods of all-time low (ATL) volatility (red bars) act as a precursor to all-time high (ATH) Prices (green bars).
For instance, the low volatility of 2016 preceded the 2017 bull run to $20,000.
The chart shows a fresh cluster of red bars appearing right now. Fidelity’s argument is that this current period of stability is a sign of accumulation that is building energy for a move to new highs.
Bitcoin is currently trading at $90,789, struggling to recover from a recent drop. The cryptocurrency recently failed to surpass the $95,000 level.
2026-01-08 21:572mo ago
2026-01-08 15:552mo ago
Bitcoin bulls chase $91K as early 2026 rally finds sustained volume
Bitcoin’s start of year (BTC) rally ran into stiff resistance near $93,000, triggering a pullback that has shifted the market’s focus back to key support levels. While the higher-time-frame (HTF) structure still looks fragile, the lower time-frame (LTF) signal suggests bulls may yet have room to regain control if critical levels hold.
Key takeaways:
Bitcoin rejected at $93,000 for the third time, slipping back toward weekly lows near $89,250.
Rising open interest during the dip suggests shorts are building positions near $90,000.
Strong passive bids around $90,000 could act as a springboard, or fail and open the door to the $86,000 to $87,000 range.
Bitcoin bulls need to hold $90,000After an 8% surge to $93,000, Bitcoin printed a swing failure pattern (SFP) at the same resistance level for the third time. The rejection pushed BTC down to weekly lows near $89,250, reviving the risk of consolidation or bearish continuation in line with the broader HTF trend.
Bitcoin six-hour chart. Source: Cointelegraph/TradingViewStill, the LTF structure leaves room for a bullish response. Bitcoin is currently testing a key order block between $89,200 and $90,500, the first area of interest where bulls could attempt fresh long entries if momentum flips positive.
Adding to this support, BTC continues to hold above the monthly rolling VWAP (volume-weighted average price), which turned bullish again at the start of 2026.
In the near term, Bitcoin could chop sideways into the weekly close. A decisive bullish engulfing recovery above $91,666 would mark the first confirmation of bullish continuation, forming a higher low on the LTF trend and potentially trapping late shorts positioned between $90,000 and $92,000.
Bitcoin open interest and price. Source: CoinalyzeOpen interest data strengthens this setup. As BTC dipped from $92,000 to $90,000, open interest climbed sharply, a sign that short positions are building. If BTC can defend $90,000, a short squeeze becomes likely. A strong daily close above $91,700 would be the first signal, opening the path for another test of $93,000.
However, failure to hold above $89,000 would quickly expose internal liquidity between $86,000 and $87,000, giving sellers a clear downside target.
BTC buyers flood order book with passive bidsData from CoinGlass shows the aggregated order book liquidity delta flashing strong passive bids around $90,000. Over the past two weeks, similar bid absorption has preceded short-term recoveries, a pattern that could repeat if buyers continue to defend this zone.
Bitcoin orderbook liquidity delta chart. Source: CoinGlassThat being said, futures trader Byzantine General cautioned that rising open interest cuts both ways. The analyst said,
“Liquidations data suggests that there's a good amount of vulnerable longs in there. I could see a little bounce here at 90k, but ultimately it makes sense to me that it takes out those local lows around 86k.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
2026-01-08 21:572mo ago
2026-01-08 15:562mo ago
Optimism Proposes Using Half Its Revenue to Buy Back OP Tokens
Optimism Proposes Using Half Its Revenue to Buy Back OP Tokens
Anas Hassan
Crypto Journalist
Anas Hassan
Part of the Team Since
Jun 2025
About Author
Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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Last updated:
6 minutes ago
The Optimism Foundation announced plans to dedicate 50% of incoming Superchain revenue to monthly OP token buybacks starting February 2026, marking a fundamental shift in the network’s tokenomics strategy.
The proposal transforms OP from a pure governance token into one directly aligned with the Superchain’s growth, where the network captured 61.4% of the Layer-2 fee market and processes 13% of all crypto transactions.
The buyback mechanism would operate on collected sequencer revenue from chains including Base, Unichain, Ink, World Chain, Soneium, and OP Mainnet, which contributed 5,868 ETH over the past twelve months to a treasury managed by Optimism governance.
Based on comparable allocations from last year’s revenue, the program would deploy approximately 2.7k ETH, or roughly $8 million, in OP purchases at current prices, with the governance vote scheduled for January 22.
Revenue-Driven Token EvolutionThe Foundation plans to partner with an OTC provider to execute monthly conversions of ETH to OP, beginning with January’s revenue in February.
Conversions will occur within predetermined windows regardless of price, though the program pauses if monthly revenue falls below $200,000 or if the OTC provider cannot execute under the maximum allowable fee spreads.
Purchased tokens will flow back into the collective treasury, where they may eventually be burned, distributed as staking rewards, or deployed for ecosystem expansion as the platform evolves.
The mechanism starts small but scales with Superchain expansion, where every transaction across participating chains expands the buyback base and creates structural demand for OP tokens.
The proposal also grants the Foundation discretion to manage the remaining ETH treasury assets to generate yield and support ecosystem growth, thereby reducing governance overhead that historically limited active treasury management.
While governance retains oversight over capital allocation parameters, this flexibility seeks to keep the Superchain competitive with peers that deploy capital more adaptively.
Superchain Dominance Fuels Growth StrategyThe buyback initiative comes as the Layer-2 landscape consolidates dramatically around Base, Arbitrum, and Optimism, which together process nearly 90% of all L2 transactions.
Base alone surpassed 60% market share by late 2025, while activity across smaller rollups dropped 61% since June, with many operating as “zombie chains” with minimal user activity.
Despite aggressive fee wars triggered by the Dencun upgrade’s 90% fee reduction, pushing most rollups into losses, Base generated approximately $55 million in profit during 2025.
The Superchain model leverages this concentration, where member chains contribute portions of sequencer revenue back to Optimism, creating a flywheel where usage generates revenue, revenue funds development, and development drives additional usage.
Meanwhile, Optimism continues building infrastructure for long-term sustainability, having selected Ether.fi as its strategic liquid staking partner on OP Mainnet in December, following a comprehensive RFP process.
The collective has earned 80.03 ETH in yield through staking operations, with the partnership designed to strengthen OP Mainnet’s position as a secure, liquid, and institutionally trusted DeFi environment.
Governance Debate and Implementation TimelineThe proposal is facing some scrutiny from delegates concerned about bundling two distinct policy decisions into a single vote.
Community member Gonna.eth urged splitting the buyback mechanism from Foundation treasury discretion, arguing that bundling creates risks in which delegates approve expanded discretionary power primarily because of expected OP price appreciation rather than evaluating treasury management authority on its own merits.
Source: OptimismThe governance proposal moves to vote in Special Voting Cycle #47, requiring Joint House approval at a 60% threshold.
If approved, the Foundation will promptly enter into agreements with an OTC provider and publish an execution dashboard tracking fills, pacing, pricing, and balances for monthly conversions.
The program will continue for twelve months before re-evaluation, with initial operations executed by the Foundation under predetermined parameters, eliminating discretion.
Over time, the mechanism may move increasingly on-chain through Protocol Upgrade 18, which ensures all sequencer revenue from OP Chains gets collected on-chain without Foundation involvement.
At the time of publication, OP trades at $0.31, down 1% in the past 24 hours.
2026-01-08 21:572mo ago
2026-01-08 16:002mo ago
XRP vs Dogecoin: Which Is More Likely to Be a Millionaire-Maker?
Both of these altcoins face formidable long-term challenges.
XRP (XRP 2.32%) and Dogecoin (DOGE 2.97%), both launched in 2013, have turned some of their earliest investors into millionaires. A $10,000 investment in XRP's earliest trade would be worth $3.57 million today, while the same investment in Dogecoin's debut could have grown to about $7 million. However, those investors would have needed to hold their tokens through three crypto winters and one major U.S. recession to experience those gains.
Both tokens also lost their luster over the past 12 months, as XRP declined almost 10% and Dogecoin sank nearly 60%. Let's see why these two altcoins stumbled -- and if either one can generate even more millionaire-making gains over the next decade.
Image source: Getty Images.
The differences between XRP and Dogecoin XRP, the native token of the XRP Ledger, was created by the founders of the fintech company Ripple Labs. Its creators pre-minted its entire supply of 100 billion tokens before its launch, so it can't be actively mined like Bitcoin (BTC 0.05%) or staked like Ethereum (ETH 0.89%).
XRP is primarily used as a bridge currency to accelerate financial transactions on Ripple's platform. If a user wants to make a financial transaction across two fiat currencies, they're both instantly converted to XRP (as the "bridge") and back to the target currency. That approach is cheaper, faster, and arguably more secure than traditional interbank SWIFT transfers.
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Dogecoin was created from the open-source code for Litecoin (LTC 0.40%), which was forked (split off) from Bitcoin's (BTC 0.05%) blockchain. Like Litecoin and Bitcoin, Dogecoin can still be actively mined with the energy-intensive (PoW) consensus mechanism.
Yet unlike those two other tokens, which have supply caps, Dogecoin doesn't have a maximum supply and has 168 billion tokens in circulation. Its supporters believe that design will encourage more people to spend their Dogecoins instead of hoarding them.
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Neither the XRP Ledger nor Dogecoin's blockchain natively supports smart contracts, which are used to develop decentralized apps (dApps) and other tokenized assets. However, both blockchains recently added some limited support for Ethereum-compatible apps.
The catalysts and challenges In 2020, XRP faced an existential crisis when the Securities and Exchange Commission (SEC) sued Ripple for selling its own XRP tokens to fund its expansion. The SEC alleged that Ripple was selling the token as an unlicensed security, and its lawsuit prompted the top crypto exchanges to delist XRP. Ripple also lost several of its top financial customers.
Last August, the SEC lawsuit finally concluded with a lighter-than-expected fine for Ripple. The court also ruled that XRP wasn't an unlicensed security when sold to retail investors on public crypto exchanges. That victory prompted the top crypto exchanges to relist XRP, and its first spot price exchange-traded funds (ETFs) were approved and launched in late 2025.
Those positive developments stabilized XRP's price, but it could face fierce competition from stablecoins -- including Ripple's own Ripple USD (RLUSD 0.01%) -- which could be more reliable bridge currencies than XRP because they're tightly pegged to the U.S. dollar. XRP also can't be valued by its scarcity, like Bitcoin, or its usefulness to developers, like Ethereum.
Dogecoin initially garnered significant attention from celebrity investors, including Elon Musk, Mark Cuban, and Snoop Dogg. Musk's unpredictable tweets about Dogecoin often drove its price higher, while several companies -- including Tesla (TSLA +0.90%) -- started to accept Dogecoin as a payment method.
CleanCore Solutions (ZONE +1.14%), a producer of ozone cleaning products, recently announced that it would acquire 5% of Dogecoin's entire circulating supply to build its own "Dogecoin Treasury". The SEC also approved Dogecoin's first spot price ETFs in late 2025, making the meme coin more accessible to retail investors. All of that buzz kept Dogecoin afloat, even though it lacks any clear advantages against Bitcoin, Litecoin, and other mined tokens.
Could XRP or Dogecoin generate more millionaire-making gains? I don't think XRP and Dogecoin can turn a fresh $10,000 investment into $1 million again over the next decade. However, if we stretch the timeline a bit further, I believe XRP has a brighter future and a better chance at generating bigger multibagger gains than Dogecoin.
XRP may not seem particularly impressive on its own, but its integration into Ripple's expanding fintech ecosystem could significantly boost its long-term value. Ripple submitted its application for a U.S. bank charter last July, and its expansion and evolution into a full-fledged bank could drive XRP's price to fresh highs over the next few decades. I'm not as optimistic about Dogecoin, which is still primarily supported by hype and social media buzz instead of any fundamental strengths.
2026-01-08 21:572mo ago
2026-01-08 16:002mo ago
Ethereum: BlackRock buys $149mln of ETH, but sellers guard THIS zone
On-chain data showed whales rotating $31.7 million into staked Ethereum, locking over 40,000 stETH as BlackRock accumulated ETH during market volatility.
Large holders continued rotating capital into ETH staking.
One whale redeployed $31.7 million via Wintermute, then converted the funds into over 40,000 stETH, worth roughly $126 million.
That move locked the supply instead of keeping it liquid.
Alongside this, BlackRock added 46,851 ETH, valued near $149 million, over three consecutive days, reinforcing sustained accumulation.
Meanwhile, BitMine expanded its commitment by staking an additional 19,200 ETH. This pushed its total staked balance to 827,008 ETH, worth about $2.62 billion.
These figures mattered because staking and accumulation removed ETH from circulation.
As a result, immediate sell-side pressure continued to thin. Even so, the price did not react impulsively.
Ethereum coils between demand and supply Ethereum [ETH] traded inside a clearly defined range, reflecting balance rather than weakness.
Sellers continued defending the $3,300–3,350 supply zone, where several recovery attempts stalled. Buyers, however, consistently stepped in near the $2,780–2,850 demand zone.
Recent pullbacks slowed around $2,800, then rebounded toward $3,100 without acceleration. This repeated behavior highlighted absorption.
Volatility narrowed as the price oscillated between these levels.
As a result, downside momentum weakened with each test of demand. Sellers struggled to force continuation.
Buyers also avoided chasing breakouts. Instead, they accumulated gradually. This range-bound structure aligned with growing staking activity.
Locked supply reduced panic selling. Consequently, price stability improved as the market waited for direction.
Source: TradingView
Exchange outflows quietly drain sell-side liquidity Spot flow data reinforced the same narrative.
ETH continued posting persistent net outflows from exchanges. Recent daily figures showed withdrawals exceeding $52.3M, extending a multi-week trend.
This matters because exchanges represent immediate selling venues. When ETH exits, sellers lose fast access to liquidity. Therefore, the circulating supply keeps tightening.
However, price has not surged sharply. That detail signals accumulation rather than speculative chasing. Buyers absorb supply without forcing higher levels.
Meanwhile, sellers fail to generate follow-through on dips.
Outflows remain steady rather than reactive. This consistency reduces downside risk. Each retracement meets thinner sell pressure.
Consequently, ETH stabilizes faster after pullbacks, reinforcing the broader compression structure.
Source: CoinGlass
Leverage fades as risk resets Derivatives data added another layer to the picture.
Open Interest declined by about 2.03%, settling near $40.64 billion.
That drop reflected leverage unwinding rather than aggressive short positioning. Importantly, the ETH price held firm during the reduction.
This limited forced liquidations and cooled volatility. As leverage exited, the market reset risk instead of amplifying moves.
Lower Open Interest reduced liquidation cascades during pullbacks. Consequently, downside moves lost speed and depth.
Combined with staking growth and exchange outflows, reduced leverage supported price stability. The market shifted from speculation toward positioning.
Source: CoinGlass
Overall, growing staking and accumulation activity pointed to rising conviction that downside risk remained limited at current levels.
Locked supply, persistent exchange outflows, and declining leverage continued to reduce selling pressure. Upside remained gradual, but structure favored stability over breakdowns.
Final Thoughts Ethereum’s structure increasingly reflected positioning rather than speculation, as staking, outflows, and leverage unwound together. That balance may continue limiting sharp downside, even if upside remains measured. The next break likely depends less on sentiment and more on whether this quiet accumulation persists.
2026-01-08 21:572mo ago
2026-01-08 16:002mo ago
XRP spot ETF records first net outflow since launch as price pulls back
XRP’s spot exchange-traded fund [ETF] has recorded its first-ever daily net outflow since launch. The trend breaks a streak of uninterrupted inflows that had persisted since its launch in November 2025.
According to data from SoSoValue, the XRP spot ETF posted a net outflow of approximately $40.8 million on 7 January.
Despite the outflow, total net assets held by the product remain elevated at around $1.53 billion, underscoring that the move represents a pause in accumulation rather than a broad unwind.
Source: SoSoValue
The outflow comes as XRP’s price retraced from recent highs following a strong rally into the new year.
XRP ETF outflow follows January price rally XRP entered January with renewed momentum, pushing above the $2.40 level earlier this week after weeks of steady gains.
However, price action has since cooled, with XRP pulling back roughly 9% to trade near $2.14 at the time of writing.
Source: TradingView
Notably, the ETF outflow coincided with this short-term retracement, suggesting the move may reflect profit-taking or portfolio rebalancing rather than a structural shift in investor sentiment.
While ETF flows had previously moved in one direction, the latest data indicates that XRP’s ETF market is beginning to experience two-way flow dynamics, a common feature as new products mature.
Assets remain elevated despite first outflow Even after the outflow, XRP ETF assets remain near cycle highs, highlighting that institutional exposure to the asset has not materially diminished.
Since its launch in November 2025, the product has accumulated more than $1.5 billion in net assets. Also, it has benefited from sustained inflows during XRP’s late-2025 recovery phase.
The recent outflow represents a single-day adjustment, rather than a prolonged trend of capital exits.
Historically, early-stage crypto ETFs often experience periods of consolidation following strong inflow streaks, particularly after sharp price advances.
Market interprets move as consolidation, not reversal Importantly, XRP’s broader price structure has not shown signs of a breakdown. The token remains well above its December lows, and trading volumes suggest continued market participation rather than capitulation.
The initial outflows are not uncommon once products transition from launch-phase accumulation into more balanced trading environments.
In this context, the latest data point may signal normalization, rather than weakening demand.
What comes next Market attention will now shift to whether ETF flows stabilize or extend into consecutive outflow sessions.
A return to net inflows could reinforce the view that the current move was driven by short-term positioning. However, sustained outflows may prompt closer scrutiny of institutional appetite at current price levels.
For now, XRP’s first ETF outflow marks a notable milestone, but one that appears consistent with consolidation following a strong rally rather than a decisive change in trend.
Final Thoughts XRP’s spot ETF recorded its first net outflow since launch, ending a period of uninterrupted inflows following a strong price rally. Despite the outflow, total ETF assets remain elevated, suggesting consolidation rather than a broader reversal in institutional demand.
2026-01-08 21:572mo ago
2026-01-08 16:042mo ago
Shiba Inu builds momentum in January as meme-coin risk comes back online
SHIB rises 22% weekly despite a recent 24-hour price dip. Key resistance sits at $0.000010; a breakout confirms trend change. Targets extend to $0.000025 in Q2 with a stable breakout. Shiba Inu (SHIB) slips over 24 hours while total crypto market value nears $3.17 trillion. Even so, SHIB advances 22% on the week and recovers traction after a rough 2025 with a 60% drawdown. Price action now shows a cleaner setup: the relative strength index (RSI) lifts out of oversold territory and holds above 50, a sign of steady bid in short-term ranges.
Price compresses after months of wide swings and prints higher lows on mid-timeframe charts. A compact pennant forms and narrows into a defined trigger. Traders track resistance at $0.000010 as the first gate. A close above that line with rising volume would confirm range exit and invite follow-through.
35.6M $SHIB has been quietly withdrawn from Binance over the final 5 months of 2025, signaling sustained exchange outflows 🐕
This accumulation occurred while price sits on a long-term support zone, historically linked to demand absorption 🧱
October marked the peak, with over… pic.twitter.com/UYpuk5PMxz
— CryptoOnchain (@CryptoOnchain) January 6, 2026
Technical levels and flow map Market desks monitor daily closes above prior intraday highs, sustained buying delta, and shallow pullbacks as confirmation filters. Without those factors, price often rotates back into the channel and punishes late entries. The working map stays clear: near-term support at $0.0000092–$0.0000094, primary resistance at $0.000010, and step-up targets beyond the trigger.
A clean break can project toward $0.000025 during Q2, with extension to $0.000036 during H2, assuming persistent liquidity and a stable tone in broader risk assets. Traders define invalidation on a firm loss of $0.0000090, especially if upper wicks expand and follow-through fades. That pattern often signals profit taking after expansion candles.
Energy prices ease, select equity indices grind higher, and geopolitical tension caps risk appetite in certain windows. Within that backdrop, SHIB pulls back less than several large altcoins and more than BTC and ETH—a typical profile when memecoins shift from impulsive bursts into testing phases.
On-chain fundamentals remain intact ShibaSwap and Shibarium operate as functional rails, though reported volumes stay modest. The brand retains a large base of retail holders and elevated presence in derivatives, conditions that often magnify both rallies and retracements.
Flow remains the hinge: net additions in perpetuals with stable funding, plus spot bids on dips, support continuation; coordinated outflows and falling open interest remove thrust.
2026-01-08 21:572mo ago
2026-01-08 16:112mo ago
Falling ETH Supply Signals Breakout Potential, But Can Demand Catch Up?
Ethereum breaks out of a symmetrical triangle to the upside, projecting a technical target near $3,700. ETH reserves on exchanges have fallen below 16.5 million, reducing immediate selling pressure. The Coinbase Premium Index shows weak institutional demand in the United States, which could stall the rally. Ethereum closed 2025 nearly touching $3,000, but it has started the new year with renewed strength. At the time of writing, the Ethereum price in 2026 managed to break through the $3,200 barrier, showing breakout signals that have captured traders’ attention.
$ETH is about to EXPLODE to the upside.
How?
• The Bollinger Bands are squeezing tightly, meaning that a BIG move is coming soon.
• Last time when 2 of 2 whale colors turned on, $ETH climbed from $1.8K to $4.9K.
Waiting for the pop.
(And the second whale color.) pic.twitter.com/i8lUtZdSVx
— Bryant (@TheSkayeth) January 8, 2026 In this context, technical analysis reveals a “squeeze” in the Bollinger Bands on the three-day chart—a formation that generally precedes major volatility moves, similar to the rallies that previously pushed the asset toward its all-time highs.
Analyst Ali Martinez noted that ETH has exited a symmetrical triangle on the daily chart. If the asset manages to stay above the support zone between $3,100 and $3,300, the technical target based on the height of this formation places the Ethereum price in 2026 around $3,700. However, if the price falls below these levels, the bullish scenario would be invalidated, shifting base support toward $2,800.
The Duality Between Deflationary Supply and Institutional Demand Despite the optimistic charts, data from CryptoQuant reveals an important duality. On one hand, ETH reserves on exchanges have reached historical lows, sitting below 16.5 million units.
This supply scarcity is a fundamentally bullish factor for the Ethereum price in 2026, as any increase in buying activity can trigger aggressive upward price movements.
However, the “Coinbase Premium Gap” has fallen to its lowest point since early 2025, moving into negative territory. This indicator, which measures the price difference between Coinbase and Binance, suggests that interest from U.S. institutions is waning.
Without the backing of U.S. institutional capital, Ethereum might face difficulties consolidating above key resistance levels.
Despite this scenario, experts like Merlijn The Trader remind investors that ETH typically sees outstanding performance during the first and second quarters, keeping long-term projections of $10,000 alive for this cycle.
On Jan. 8, the Truebit protocol's native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. The Anatomy of the Attack The native token of Truebit, a verification and orchestration layer for tokenized assets, collapsed by 99.
2026-01-08 21:572mo ago
2026-01-08 16:162mo ago
Zcash Foundation Defends Network Resilience Amid High Selling Pressure on ZEC in 2026
The Zcash Foundation has defended the Zcash (ZEC) network as independent from any third party. The Zcash Foundation responded to claims that the core team had dropped out amid onchain data showing notable cash out from the team.
“No single contributor, team, or organization controls Zcash. In fact, Zcash was deliberately designed for resilience,” the Zcash Foundation stated.
Zcash Network Suffers Low Development Activity According to onchain data analysis from Santiment, development activity on the Zcash network has dropped to its lowest level since 2021. The decline in GitHub events from the Zcash team coincided with reports of an exodus of the core developers.
Source: X
On January 7, 2026, the entire team from Electric Coin Company resigned ostensibly due to internal governance conflict. Around 25 ECC team members led by Josh Swihart, the CEO, and Chelsea Komlo, the Chief Scientist resigned.
As such, the Zcash Foundation urged the ZEC community to separate the organizational shift of any single entity from the network. Furthermore, the Zcash Foundation reiterated that the Zcash network is resilient and continues to run smoothly.
What’s Next for ZEC Price?The unfolding event of the team exodus increased selling pressure on the ZEC price today. According to market data from CoinMarketCap, ZEC price dropped over 18% on Thursday to trade below $400, before rebounding towards $431 at press time.
After an impressive bull rally in 2025, catalyzed by the privacy narrative, the ZEC price has faced short-term selling pressure. The loss of key developers raised concerns about the network’s ability to execute crucial updates like Halo 2, a Trustless ZK proof.
From a technical analysis standpoint, altcoin has formed a potential macro reversal pattern, which can only be invalidated if ZEC price rallies above its prior all-time high.
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