News
20 Jan 2026, 15:24
Bitcoin Dips Briefly Below $90,000 as Global Selloff Deepens

Bitcoin slid to its lowest level in more than a week on Tuesday, tracking a sharp selloff across global bond markets as investors continued to de-risk amid ongoing geopolitical tensions.
20 Jan 2026, 15:23
Bitcoin plunges below $90,000 amid global risk asset selloff

Ether is the worst performer among the major cryptos, down more than 6% over the past 24 hours and tumbling below $3,000.
20 Jan 2026, 15:20
MegaETH to stress test mainnet with 11B transactions

MegaETH will launch its mainnet for a worldwide stress test prior to the public release. The mainnet of the Ethereum Layer 2 network will go live on January 22. The team plans to process 11 billion transactions in seven days beginning Thursday. The goal is to maintain a rate of 15,000 to 35,000 transactions per second (TPS), as stated by MegaETH on X. MegaETH stress tests mainnet at scale The test will include applications that require low latency while running continuously. Users will engage with gaming apps like Stomp.gg, Smasher.fun, and Crossy Fluffle during the test. The team will perform Ether transfers and v3 AMM swaps. These will be done via the decentralized exchange Kumbaya, on the backend. The team will continue until 11 billion transactions are executed successfully. MegaETH aims to ultimately hold the highest transaction count among all EVM chains as users interact smoothly with it. The X post explained that stress tests are only useful when they create challenges, so any issues will be revealed and resolved. “Stress tests only matter if they’re uncomfortable … If things break, they’ll be surfaced and fixed,” wrote MegaETH on X. MegaETH shared a chart comparing transaction throughput across networks, including MegaETH, Solana, and Base. The chart shows MegaETH reaching between 18,500 and 34,000 TPS across three workloads. The transactions are a mix of transfers and automated market maker (AMM) swaps. On the other hand, Solana’s one-day peak sits near 1,590 transactions per second, while Base reaches about 200. Unlike Solana and Base, MegaETH’s figures come from a controlled stress test designed to push the network to its limits. The data shows the Layer-2 network operating at a much higher scale than existing EVM and non-EVM chains under heavy load. Soon after the stress test, MegaETH will release its public mainnet. It will feature decentralized finance (DeFi) activities and consumer apps. These apps will use USDm, the native stablecoin of the Layer-2 network. MegaETH calls itself a real-time Layer-2 on Ethereum that supports fast, high-volume applications. Its design depends on stable sequencer fees, which USDm aims to ensure. The MegaETH Global Stress Test 11B transactions in 7 days. On Jan 22nd, we’re opening mainnet to users for several latency-sensitive apps while the chain is under intense sustained load. Ultra-low fees. Real-time transactions. Public Mainnet in the days that follow. pic.twitter.com/ZIOZnctCZJ — MegaETH (@megaeth) January 19, 2026 Polymarket traders bet on MegaETH airdrop timing After the announcement of the mainnet launch, Polymarket traders rushed to open two markets for MegaETH’s airdrop. The first contract has a 9% chance of MegaETH conducting an airdrop by January 31, with a volume of $32,553. The second contract prices a 93% probability of the airdrop occurring by June 30, with a volume of $120,334. According to Cryptopolitan’s post on airdrop opportunities for 2026, MegaETH’s airdrop campaign is currently active. Users can qualify for MEGA tokens by using dApps and submitting transactions on the MegaETH Layer 2 network. However, the reward amount has not been disclosed. MegaETH’s public token sale ended in October last year. According to the project’s website, the auction was oversubscribed by 27.8 times. The sale followed an English auction style with a $50 million cap. This allowed participants to keep bidding even after the token hit the $0.0999 limit. Despite oversubscription, investors had the chance to bid from $2,650 up to $186,282 each. MegaETH reported that more than 50,000 people worldwide submitted bids. If you're reading this, you’re already ahead. Stay there with our newsletter .
20 Jan 2026, 15:19
China's Vice Premier declares market open despite record $1.2T trade surplus

Chinese Vice Premier He Lifeng pushed back against criticism of his country’s trade practices during a Tuesday address at the World Economic Forum in Davos, offering potential market access to tackle trade imbalances. He, who handles economic policy and trade negotiations for China, spoke to business executives and political figures gathered in Switzerland, attempting to calm worries about the flood of goods coming from the manufacturing giant. Last year, China recorded a $1.2 trillion trade surplus , as reported by Cryptopolitan earlier. Yet, He insisted his country views itself as a commercial partner rather than a competitor. “We never seek a trade surplus,” He told the audience as reported by Bloomberg. “On top of being the world’s factory, we hope to be the world’s market too.” The vice premier’s message stood in stark opposition to recent warnings from Donald Trump, who threatened severe tariffs on French wine after President Emmanuel Macron declined to support his peace proposal. He painted China as a supporter of cooperation , open trade and working together internationally, repeating arguments Beijing frequently makes. “The world must not return to the law of the jungle where the strong prey on the weak,” he stated. “China’s development presents an opportunity, not a threat to the world economy.” Fragile peace holds between economic powers He was among the Chinese officials who participated in discussions with the United States last year aimed at reducing friction after Trump launched a tariff battle. The negotiations with the American team, headed by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, resulted in a temporary agreement last October following five rounds of talks. The one-year deal has lowered tensions between the two largest economies globally, though Trump’s recent moves in nations friendly with China, including Venezuela and Iran, could challenge the delicate truce. For now, the agreement remains intact. President Xi Jinping and Trump plan to meet four times during the year, with an April summit potentially making Trump the fifth leader from a Group of Seven nation to visit China within six months. At the forum, He urged China and the United States to take advantage of chances to work together for mutual benefit. Without directly naming technology restrictions imposed on Beijing, he mentioned China frequently wants to purchase foreign products, but “others don’t want to sell.” “Trade issues often become security hurdles,” he said. However, suggesting warming ties with America, the Trump administration has moved toward permitting Nvidia Corp. to sell more sophisticated chips to China while still blocking its most advanced offerings. Under former President Joe Biden, the United States had worked with allies to limit Beijing’s access to advanced semiconductors considered important for its military ambitions. He’s trip to Switzerland happens as America sends its largest ever group to the forum. Trump will address attendees on Wednesday, joined by Bessent and Secretary of State Marco Rubio. Economic growth masks deeper problems China’s economy reached the official target of around 5% growth last year, based on data released Monday. Although exports have driven the world’s second-largest economy, its extended real estate decline and dropping investment are limiting the country’s demand for imports. Falling prices domestically also caused the yuan to lose value when adjusted for inflation, making Chinese goods more attractive internationally. This situation is creating concerns overseas as China sends exports to Africa, Latin America and other regions, with Macron describing it as “life or death” for European manufacturing. He said China plans to develop its consumer sector as a major driver of economic growth by increasing incomes and spending at home. Officials are working toward making China “a consumption powerhouse on top of a manufacturing powerhouse,” he explained. The country’s economic progress primarily comes from “reform and opening up and innovation, rather than so-called government subsidies,” according to He. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
20 Jan 2026, 15:17
$0.20 XRP Nightmare Is One Candle Away as -88% Scenario Turns Real

Something strange is happening on XRP's monthly chart as, if the price of the cryptocurrency breaks below $1.88, the next stop is not a small dip; it is $0.20, a -88% plunge hiding in plain sight.
20 Jan 2026, 15:14
Saylor’s Bigger Orange Tease: Strategy’s Massive Bitcoin Buying Spree Ignites 2026 Rally

Michael Saylor signals Strategy's next mega Bitcoin purchase after $2.13B January haul, pushing holdings to 687K+ BTC. Amid stock dips and geo-tensions, BTC adoption accelerates. The post Saylor’s Bigger Orange Tease: Strategy’s Massive Bitcoin Buying Spree Ignites 2026 Rally appeared first on CryptoCoin.News .











































