Crypto News

Bitcoin (BTC) may drop to $75,000 should it trigger a so-called 'double top' bearish reversal pattern.A double top comprises two consecutive peaks at approximately the same price, with a trendline drawn through the low point between these peaks. The failure to break above the previous peak, followed by a subsequent decline, suggests that the uptrend is losing momentum. So, an eventual breakdown of the horizontal trendline support, the double top neckline, is said to confirm a bullish-to-bearish trend change.BTC has pulled back to $100,000 at the time of writing, having failed to maintain a foothold above the December high last week. In other words, BTC looks to have formed a double top, with neckline support positioned around $91,300. A UTC...

PRESS RELEASE. The Lunar New Year is almost here! To celebrate, HTX has partnered with the TRON ecosystem to bring users a special event: “$600,000 Surprise Gifts Up for Grabs.” Running from January 28th to February 12th, this event features a $600,000 prize pool and tons of rewards, making it the perfect way to ringSource link

Artificial Intelligence (AI) tokens are in the red during the Asia morning trading hours, with the CoinGecko category down 9%, registering bigger losses than the CoinDesk 20 – a crypto index – which is down 5%.Crypto investors, like their traditional finance counterparts, are likely digesting the impact that DeepSeek, a new AI model, is having on the industry.Data from DeepSeek posted on Hugging Face, a forum of the AI industry, shows that its model outperforms OpenAI, all while being built on a budget of $6 million and a fraction of the Graphics Processing Units (GPUs) that OpenAI uses – which recently closed a $6.6 billion round with a valuation of over $157 billion.Perhaps most concerning to the perpetual GPU bulls...

The U.S. is closely monitoring BRICS currency talks, an Indian expert says, as the bloc advances efforts to reduce dollar reliance and boost financial sovereignty. US Monitoring BRICS Currency Talks, Says Indian Expert The ongoing push within BRICS to explore dedollarization and introduce a potential BRICS currency has garnered significant attention from global powers, particularlySource link

The House Oversight Committee is investigating claims that banks are shutting out crypto firms and individuals, citing political bias and regulatory overreach as key concerns. House Committee Investigates Whether Banks Are Quietly Crushing Crypto Firms The House Committee on Oversight and Government Reform announced on Jan. 24 that it is investigating the debanking of individualsSource link