Internet Computer = blockchain network running at web speed. Hosts smart contracts, dApps, and websites directly onchain without cloud providers.
Price drivers:
• Mission70 white paper: DFINITY Foundation announced plans to cut ICP inflation by 70% in 2026 through reduced token issuance. Lower inflation tightens supply, especially with 40% of ICP already staked. Trading volume spiked 190% on the news. Proposal needs Network Nervous System (NNS) DAO approval in Q1 2026, execution not guaranteed yet.
• Technical breakout: ICP broke a 2-month descending trendline, pushing past $4.00 resistance. MACD showing bullish crossover. $104M in short positions liquidated in 24h as bears got squeezed. Next resistance at $4.46 (200-day moving average).
• Supply leaving exchanges: Exchange netflows show ICP moving to self-custody, exchange supply down 3.7% in 7 days. Reduces immediate selling pressure. However, 165% volume spike suggests speculative interest rather than adoption-driven demand.
• Mixed sentiment: Some analysts targeting $10-$14 citing bull flag pattern. Others warning RSI >70 indicates overheating with potential pullback to $3.00 before further upside.
Technical view: • RSI: 76 (overbought but momentum-driven) • Next resistance: $4.46 • Key support: $4.22 (23.6% Fib level)
HyperLiquid ranks first in revenue among pre-TGE protocols, fourth among perpetual contract exchanges, and seventh in the entire crypto industry.
This data is very interesting — a protocol that hasn't even launched its token yet is outperforming many already-issued projects in revenue. What does this indicate? Product strength and user stickiness matter more than token economics.
The traditional mindset is to launch a token first, then build the product. However, truly valuable projects often do the opposite.
This morning, multiple media outlets reported that the U.S. military has ordered the USS Lincoln aircraft carrier and its carrier group to leave the Asian South China Sea region and move toward the Middle East. The formation includes several missile destroyers.
Additionally, the U.S. military is withdrawing some personnel from U.S. bases in Gulf countries such as Qatar, and all speculations point to an impending military action by Iran.
🚨JUST IN: The Senate Banking Committee has decided to pull tomorrow’s scheduled market structure markup following today’s drama with Coinbase. It’s unclear whether a new date has been set.
Bought from $3054 to $3342, 58 brothers @0x58bro has accumulated 5594.85 ETH this year, worth $17.77 million 👾
Address 58bro.eth withdrew 2100 ETH from #Binance 7 hours ago, then deposited into Aave; the average purchase price of accumulated $ETH since 01.02 is $3176.31, now with a floating profit of $840,000
Wallet address https://t.co/VgEm0VTWpe
This article is sponsored by #Gate Gate Exchange | @Gate_zh
The Senate Banking Committee delayed the review of the cryptocurrency bill, and Coinbase's withdrawal of support became a key turning point.
The fate of the market structure bill is once again uncertain, as regulatory ambiguity continues to trouble the industry's development. When major exchanges began questioning the bill's content, it indicated that the existing framework might have fundamental issues.
This policy inconsistency is a typical manifestation of the traditional financial system's attempt to control digital assets.
25 million ONDO tokens ($10.19 million) were transferred from Ondo's multi-signature wallet 6 hours ago, then entered 5 exchanges including Coinbase, OKX, Bybit, Gate, and Kucoin.
🚨NEW: Some of the crypto industry’s leading firms and trade associations are coming out in support of the @BankingGOP’s market structure bill this evening after Coinbase came out against it. So far, we’ve seen endorsements from @a16z, @circle, @krakenfx, @DigitalChamber, @Ripple, and @coincenter.
Another January night, another game. This one is at Marian Anderson Rec Center on 18th and Catherine. This gym has some serious character and a hard wood floor to die for. There’s even a boxing gym downstairs.
🚨NEW: It probably speaks to the size and influence of @coinbase on Capitol Hill that I'm hearing rumblings the markup could be pulled tomorrow after CEO @brian_armstrong announced he was withdrawing the company's support for the bill an hour ago. TO BE CLEAR: I have not confirmed whether this is happening with anyone on the Banking Committee (although I have reached out to @SenatorTimScott's office for comment), this is just what industry policy folks are telling me. I do know that Coinbase specifically requested postponing the markup earlier today before pulling its support.
🚨NEW: One of the lead Republican negotiators on the crypto market structure bill, @SenLummis, sat down with @CryptoAmerica_ to preview tomorrow’s high-stakes @BankingGOP markup and the current state of key issues.
She also shared why banks are taking up so much oxygen and why she believes protecting the right to self-custody and treating code as free speech is crucial.