News
17 Jan 2026, 10:30
Bitcoin Price To $100K: Why All Eyes Are On The Short-Term Holders

The Bitcoin price resumed its hot start to the new year this week, jumping above the $97,000 mark for the first time since November 2025. The flagship cryptocurrency reignited debates about the current phase of the market in its latest attempt to reclaim its six-figure valuation. Having surpassed the previously formidable $94,000 technical level, the Bitcoin price seemed set to cross the $100,000 mark again. However, recent on-chain evaluation has brought focus on an ongoing phenomenon among a specific set of investors in the market. Bitcoin Price Action Could Hinge On STH Realized Price In a January 16 post on the X platform, pseudonymous crypto analyst Darkfost revealed that the average realized price of the Bitcoin short-term holders (STHs) is another key level to watch. This price level represents the average price where the most recent (1-3 months) set of BTC investors acquired their coins. Related Reading: Bitcoin Tailwind: Cathie Wood Sees ‘Reaganomics On Steroids’ Ahead According to data highlighted by Darkfost, this STH realized price currently sits at around $102,000, meaning that the majority of the Bitcoin short-term investors are at a loss. The market pundit noted that this particular evaluation is adjusted to account for the 800,000 BTC recently moved by Coinbase. Darkfost noted that, as the Bitcoin price approached the realized price of the short-term holders, the investors are caught between two primary choices. It is either this group of investors holds and hopes for further upside, or they exit once they break even. Given that they are the most reactive set of investors, the Bitcoin short-term holders have not hesitated in taking short-term profits, as indicated by the latest exchange inflows. Darkfost, however, noted that the STH realized price level will be crucial to watch once all the profit-taking is done. Darkfost said that the Bitcoin price trading below this cost basis historically represents a good accumulation opportunity. Nevertheless, the analyst warned that bear market periods should be excluded, as short-term holders tend to witness prolonged drawdowns and pain during this season. STH Cost Basis Key For Momentum To Re-Accelerate Glassnode analyst Chris Beamish agreed in a recent post on X that the STH average realized price is a key inflection point. According to the market pundit, the Bitcoin price reclaiming this cost basis would signal that recent buyers are back in profit. Beamish stated that reclaiming the STH realized price would be necessary for bullish momentum to re-accelerate, while failure to do so would keep the BTC market in recovery mode. As of this writing, the Bitcoin price stands at around at $95,300, reflecting no significant change in the past day. Related Reading: Bitcoin Rally Accompanied By ‘Very Bullish’ Whale-Retail Behavior, Santiment Says Featured image from iStock, chart from TradingView
17 Jan 2026, 10:29
BitMine pulls $65M in ETH from Kraken in latest accumulation move

Lookonchain data revealed hours ago that a Bitmine wallet has accumulated approximately $65.4 million in ETH. The transaction involved a withdrawal from the Kraken exchange, showing 20,000 ETH moved to the firm’s wallet. Based on on-chain data, withdrawals made by whales from exchanges have historically suggested accumulation rather than liquidation. The withdrawal reflects the intent to move funds to a cold storage for long-term holding rather than immediate sale. Bitmine ETH accumulation hits 4.07M ETH Bitmine recently accumulated another 24,068 ETH on Wednesday, valued at approximately $80.57 million. The firm now holds 4.07 million ETH worth approximately $13.37 billion and represents 3.36% of ETH’s total supply. Tom Lee’s firm now ranks as the second-largest crypto treasury, behind Strategy, which holds 687,410 BTC, worth approximately $65.4 billion. It seems that Tom Lee( @fundstrat )'s #Bitmine bought another 20,000 $ETH ($65.4M) from #Kraken 3 hours ago. https://t.co/TQmP08vgjv https://t.co/DPN3ZPwXAk pic.twitter.com/ovs3VUqJu6 — Lookonchain (@lookonchain) January 16, 2026 The Ethereum token has jumped over 6% over the past week following a series of accumulations recorded by the treasury firm. At the time of publication, ETH was down 0.64% to $3,293. The recent moves follow Bitmines’ plans to launch its MAVAN (Made in America Validator Network) staking solution this year, in order to maintain its lead as a global crypto treasury firm. Tom Lee, chairman of Bitmine , pitched the MAVAN solution as a design strategy that moves the treasury firm from accumulation to monetization through validator operations. “We continue to make progress on our staking solution known as The Made in America Validator Network (MAVAN). This will be the ‘best-in-class’ solution offering secure staking infrastructure and will be deployed in early calendar 2026.” – Tom Lee , Chairman of Bitmine The launch of the MAVAN solution will help move his firm to become the largest staking provider across the crypto landscape, according to the Chairman. During the recent annual meeting on 15th January, Tom Lee urged Bitmine’s shareholders to vote to increase the authorized shares. He explained that Bitmine’s charter has an unusual feature requiring 50% of all outstanding shares to support a share increase. According to him, the clause limits the authorized share increase; therefore, there is a need to pursue the increment immediately to avoid slowing accumulation. Bitmine’s stock jumps over 4% this week Bitmine’s current total staked ETH stands at 2,155,656, valued at $7 billion, according to Arkham Intelligence data . This represents an increase of more than half a million since last week. So far, the CESR (Composite Ethereum staking rate) is 2.81% according to Quatrefoil data . Tom Lee outlined that if ETH is fully staked by MAVAN and its staking partners, the firm could realize an annual staking fee of $374 million at a 2.81% CESR. Bitmine’s stock has jumped 0.94% today following the news of accumulation trading at $31.16. The stock has recorded an over 4% increase, with an average volume of $45.39 million over the past five days following a series of accumulations. Meanwhile, Ethereum-focused treasuries hold approximately 13.1 million ETH , including those focused on staking and ETF strategies. Sharplink is the largest competitor to Bitmine, with current accumulation standing at 863.02 K ETH valued at $2.84 billion, followed by The Ether Machine treasury firm. The Ether Machine now holds 496.1K ETH, valued at $1.64 billion. U.S. Ethereum ETFs now hold approximately 6.31 million ETH valued at approximately $20.67 billion. That is roughly 5.2% of the total ETH supply. Based on data delivered by SoSoValue, BlackRock’s iShares Ethereum Trust ETF (ETHA) has attracted $12.94 billion since its launch, representing more than 50% of the market share across ETH ETFs. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
17 Jan 2026, 10:26
Ripple CEO Reacts to Coinbase Drama

Ripple CEO Brad Garlinghouse has publicly commented on a growing rift within the digital asset sector following Coinbase’s unexpected decision to withdraw its support for the Digital Asset Market CLARITY Act . His remarks come at a time when the U.S. crypto industry is facing heightened uncertainty over how future regulation will be structured and enforced. Coinbase’s Withdrawal Shakes Legislative Momentum The debate intensified when Coinbase CEO Brian Armstrong announced that the exchange could no longer support the CLARITY Act, a comprehensive piece of legislation aimed at clarifying regulatory oversight of digital assets. The announcement came just hours before a scheduled markup by the Senate Banking Committee , disrupting what had appeared to be coordinated industry engagement with lawmakers. Armstrong described the draft legislation as “materially worse than the status quo,” arguing that it introduced new risks rather than resolving existing regulatory ambiguity. His criticism focused on provisions he said would effectively prohibit tokenized equities, impose restrictions on stablecoin incentives, and raise unresolved privacy issues. The decision marked a sharp reversal from Coinbase’s earlier participation in discussions surrounding the bill. Garlinghouse’s Response Garlinghouse weighed in on the issue during a panel discussion at the CfC St. Moritz conference in Switzerland on January 15. The session examined whether crypto-native firms can coexist with traditional public markets, a topic that closely mirrors the broader regulatory debate unfolding in Washington. During the discussion, Garlinghouse acknowledged that Coinbase’s move caught him off guard. He said he was surprised by how forcefully the exchange rejected the legislation so late in the process. Nevertheless, he stopped short of dismissing Armstrong’s objections, suggesting that several of the concerns raised deserved fair consideration. While recognizing the validity of some of Coinbase’s criticisms, disagreement over legislative language should not derail broader efforts to achieve regulatory clarity . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Industry Support Remains Despite Setback Coinbase’s withdrawal does not represent a collapse of industry support. Garlinghouse revealed that several major players, including Ripple, Circle, Kraken, and venture capital firm Andreessen Horowitz, remain committed to working with policymakers to improve the legislation rather than abandoning it. The CLARITY Act aims to define the respective roles of the SEC and CFTC, an issue that has long contributed to regulatory uncertainty for crypto firms operating in the U.S. Garlinghouse had previously expressed optimism about the bill’s potential before it stalled following Coinbase’s exit. While the industry has not yet reached a consensus on the path forward, much of the sector continues to advocate for engagement rather than withdrawal from the regulatory process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CEO Reacts to Coinbase Drama appeared first on Times Tabloid .
17 Jan 2026, 10:23
Ethereum Faces Challenges: Market Trends and Investor Insights

Ethereum's futures market shows a cautious investor sentiment with a neutral to negative stance. Declining DApp interest and network fees pressure Ethereum's price and economic activity. Continue Reading: Ethereum Faces Challenges: Market Trends and Investor Insights The post Ethereum Faces Challenges: Market Trends and Investor Insights appeared first on COINTURK NEWS .
17 Jan 2026, 10:23
Ripple CTO Emeritus Issues Scam Alert on Copy Trading, What’s Real Risk?

Former Ripple CTO warns of hidden risks of copy trading as holders seek to profit from the markets.
17 Jan 2026, 10:17
xAI posts job for accounting tutor to train Grok on tax issues

Elon Musk’s artificial intelligence company xAI is advertising an accounting role to train its chatbot Grok on tax filings and corporate accounting, as it looks to expand its technical workforce and the AI outputs. Early Saturday morning, a member of program staff, Jeffrey Weichsel, announced on X that xAI is hiring experienced accountants to help train Grok on tax and accounting matters. “Do you want to prepare taxes for the next 3 months, or would you rather do something meaningful with purpose, helping create a truth-seeking AI that roots out corruption, fraud, and waste? Apply now,” he wrote , sharing a Greenhouse website link to the job application. xAI is training Grok on US taxes As seen in the Greenhouse job link, the Elon Musk-led firm xAI said it is searching for an “AI Accounting tutor” who would help improve Grok’s understanding of accounting, financial reporting, and tax-related issues. They would be required to train the chatbot using proprietary software to label and curate high-quality data, while supporting the development of new AI tasks together with xAI’s technical staff. According to the job description, the trainer will select and solve complex accounting problems from real-world corporate environments like consolidations, internal controls, and compliance with US Generally Accepted Accounting Principles. Candidates will also refine annotation tools used in AI training and regularly interpret and execute tasks based on instructions, and critique Grok’s responses to mould its accuracy and consistency in accounting scenarios. Applicants must have at least three years of experience at a Big Four accounting firm working on corporate or Securities and Exchange Commission (SEC) clients. Alternatively, they may qualify through senior corporate positions such as controller, assistant controller, or technical accounting manager at enterprises with reporting requirements. Moreover, the company issued educational requirements that included a master’s degree or doctorate in institutional accounting, or equivalent credentials as a licensed Certified Public Accountant. They must also be comfortable handling accounting resources like regulatory filings, financial databases, and enterprise resource planning systems. Teaching experience and published academic work in accounting journals were also listed as desirable attributes. The position is based either in Palo Alto, California, or on a fully remote basis, and the compensation would range from $45 to $100 per hour, depending on experience, education, and location. However, xAI said it cannot hire candidates based in Wyoming or Illinois and does not offer visa sponsorship. xAI training plea grows amid deepfake lawsuits The hiring push comes at a time when xAI is facing lawsuits over Grok’s generation of sexualized and nonconsensual images. Ashley St Clair, the mother of one of Elon Musk’s children, filed a lawsuit against xAI in New York on Thursday, blaming the firm for allowing Grok to generate sexually explicit images of her that were shared on X. “X users dug up photos of St Clair fully clothed at 14 years old and requested Grok undress her and put her in a bikini. Grok obliged,” St Clair’s attorneys surmised, adding that the imagery generated was “de facto non-consensual” and Grok’s developers had “explicit knowledge” that consent was absent. xAI has denied responsibility and countersued Ms St Clair, claiming she violated the company’s terms of service. Even with all the drama going on, the firm announced it raised $20 billion in a funding round held last week, surpassing its initial $15 billion target. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .









































