Cardano (ADA) has witnessed strong price volatility over the past month, preventing this altcoin from reclaiming the support level at $1.
Broader market signals still indicate a neutral to bearish state, limiting upward momentum. However, long-term ADA holders (LTH) are providing important support, preventing the price from declining further.
ADA has strong support
The DAA divergence indicator (Daily Active Addresses) of Cardano has continuously signaled sell in recent days. This trend reflects a lack of interest from investors, along with the price not surging strongly, which has weakened bullish sentiment in the market.

Congressman Guy Reschenthaler (Republican) recently revealed a series of cryptocurrency purchases. The 41-year-old lawmaker currently owns cryptocurrencies such as XRP (linked to Ripple), Solana (SOL), and Bitcoin (BTC), with transaction values ranging from $1,000 to $15,000. Additionally, Congressman Mike Collins, also a Republican, disclosed the purchase of Ski Mask Dog (SKI) earlier this year.

World Network, a human identity verification project on the blockchain platform, previously known as Worldcoin, has just announced a significant milestone by surpassing 10 million users globally.
Launched in 2023 with sponsorship from Sam Altman, CEO of OpenAI, World employs retinal scanning technology through small spherical devices to verify that users are indeed human. Participants who scan their eyes and register will receive WLD tokens. The project's philosophy emphasizes the importance of distinguishing between humans and AI agents in an increasingly AI-dependent society.

Deputy Chairman of the Federal Deposit Insurance Corporation (FDIC) Travis Hill has criticized the previous actions of federal agencies in restricting banks' participation in cryptocurrency activities.

Travis Hill – Deputy Chairman of the FDIC, United States
He emphasized that these measures, including the use of 'cease and desist letters,' not only hinder innovation but also create the perception that regulators are stifling the development of blockchain.

Hedera (HBAR) is currently struggling to gain upward momentum, reflecting a lack of direction amid the volatile crypto market. This indecisiveness has made investors cautious, further complicating the task of determining the long-term potential of this altcoin.
The price of HBAR is still fluctuating within a narrow range, further adding to the ambiguity about its short-term outlook.

Microsoft has filed a lawsuit aimed at stopping cybercriminal activities that exploit generative AI technology, according to a statement on January 10.
The lawsuit, made public in the Eastern District Court of Virginia, targets a foreign-based criminal group accused of circumventing protections in AI services to produce and distribute harmful and illegal content.
The lawsuit highlights the boldness and persistence of cybercriminals in exploiting vulnerabilities in advanced AI systems.

A prominent Bitcoin analyst has just warned that cryptocurrency investors should act cautiously in the coming months, as profit-taking events are expected to continue increasing in the short term.
"Risk is reaching a peak for the first time in this cycle, with significant profit-taking from coins that have been sold off. There are still many profit-taking events before the market can rebalance," analyst Willy Woo shared in a post on January 10 on the X platform with 1.1 million followers.

A surprising move from an official appointed by President Joe Biden is seeking to hold crypto wallet developers accountable for any fraudulent or erroneous transactions affecting users.
However, this measure is almost certain to be overturned when Donald Trump takes office at the end of this month.
Today, the Consumer Financial Protection Bureau (CFPB) announced a new proposed regulation, empowering the bureau to regulate digital asset wallets like financial institutions providing electronic money transfer services. This regulation will allow the bureau to hold wallet providers like MetaMask and Phantom accountable for fraudulent or erroneous transactions, including 'unauthorized' transactions.

The current market capitalization of altcoins is still lower than the all-time high in November 2021, when the flow of capital among altcoin projects and the inflow of capital into the market remained sluggish.
Ki Young Ju, market analyst and CEO of CryptoQuant, compared the current market capitalization of altcoins with Bitcoin. He pointed out that the value of Bitcoin has doubled since 2021 and stated that 'only altcoin projects with clear use cases and compelling narratives can survive in the long term.'

North Dakota has just become the latest state in the U.S. to consider putting Bitcoin on its balance sheet. On Friday, the state legislature introduced Resolution 3001, proposing to invest "a portion of the state fund in digital assets and precious metals."
This resolution aims to mitigate the impact of inflation on North Dakota's financial situation by diversifying its investment portfolio. Behind the resolution are Representatives Nathan Toman, Matthew Heilman, Jared Hendrix, Daniel Johnston, SuAnn Olson, and Todd Porter, along with Senators Jeff Barta and Bob Paulson.

With Bitcoin's growing presence in traditional financial systems and speculation surrounding the US's strategic reserve of BTC, some experts predict a major supply shock could occur this cycle, potentially breaking the four-year cycle theory with extraordinary price increases.
However, a new report suggests that such a supply shock is unlikely to occur by 2025.
Bitcoin Supply Analysis from Long Term Hodlers (LTH)

The cryptocurrency market is in the “Banana Zone” and heading toward the “Banana Singularity” – a phase where “everything is bullish,” according to Raoul Pal, co-founder and CEO of Real Vision.
“Banana Zone” is a term coined by Pal to describe a period of strong price increases.
“Yes, we are still in the Banana Zone,” Pal wrote on X, adding that the first phase of this bull run was the breakout last November.

Currently, an official proposal is being voted on by the Arbitrum DAO to implement an Important Improvement Proposal (AIP) to transition Arbitrum One and Arbitrum Nova to the Bounded Liquidity Delay (BoLD) mechanism.
BoLD has been deployed on the Arbitrum testnet since April 2024. It is a dispute resolution protocol with interactive fraud proofs for optimal rollups, which can be used on Arbitrum chains to improve security.

According to new research from Foresight Ventures and Primitive, Asia dominates the global crypto market, accounting for 60% of the world's cryptocurrency users and contributing the largest share of global liquidity.
Of these, five Asian countries, including India, Indonesia, and Vietnam, are ranked in the top 10 of the Global Cryptocurrency Adoption Index 2024.
Asia Leads Global Cryptocurrency Adoption

Sol Strategies is raising $27.5 million CAD (about $19 million USD) in debt financing to expand its investments in the SOL token and Solana’s staking infrastructure. This is the second multimillion-dollar investment strategy the company has announced this week.
Specifically, the Toronto-based company, formerly known as Cypherpunk Holdings, is raising capital through a private placement of “unsecured convertible debenture units,” a long-term debt instrument that can be converted into the company’s equity, to ParaFi Capital.

Russian enforcement officers are currently liquidating more than 1,032 Bitcoin, worth approximately 96.6 million USD at a BTC price of $93,653 at the time of writing, which was seized from Marat Tambiev, a former investigator of the Russian Investigative Committee, who was convicted in a high-profile cryptocurrency bribery case.
Tambiev, formerly the lead investigator in Tver District of Moscow, was convicted of receiving 1,032 BTC as a bribe to protect the interests of the Infraud Organization, a hacker group he was investigating.

BNB is attempting to break through the resistance level of $741, an important barrier to reach the all-time high (ATH) of $793.
Although this altcoin has made continuous efforts, signals from the broader market are limiting the price increase, causing BNB to be trapped in a narrow range.
BNB investors remain optimistic
The Relative Strength Index (RSI) has fluctuated near the neutral line over the past month, indicating market hesitation. Although BNB has seen some notable price increases, this momentum has not been strong enough to push the price significantly higher. This stagnation reflects weak sentiment, influenced by overall market conditions.

XRP is currently trading at $2.28, reflecting the overall correction in the cryptocurrency market. Despite the sharp decline, XRP still maintains most of the 300% increase achieved by the end of 2024.
During the period from January 7 to January 9, this coin has avoided a deeper correction and continues to accumulate around the downtrend line, with expectations of breaking the resistance in the range of $2.50 to $2.60.

The price of Solana (SOL) has sharply declined, losing nearly 11% over the past seven days after failing to break through the resistance level of $220. Following this rejection, SOL fell below the critical threshold of $200, reflecting a strong downward momentum in the market.
Despite the prevailing downtrend, the activity of 'whales' shows signs of accumulation again, with major investors continuously increasing their positions over the past five days. These developments suggest a potential price recovery, although the short-term outlook for SOL remains under downward pressure.

Cardano (ADA) has faced significant downward pressure, with the price of this coin dropping more than 15% in the past 48 hours. This altcoin has failed to maintain the $1 support level and has fallen below this critical threshold.
This price decline has triggered a strong wave of sell-offs in the investment community, increasing bearish sentiment in the market.
ADA investors begin to sell off