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04:04
Analyst: Bitcoin Support Level Around $85,000, Range-Bound Movement Expected in the Second Half of the Month
BlockBeats News, January 19th, according to Decrypt, Bitcoin briefly fell below $92,000, with a 24-hour network-wide liquidation of over $865 million. Fisher8 Capital investment analyst Lai Yuen stated that the crypto market's decline was mainly due to the resurgence of the US-Europe trade war and market concerns about Trump's new round of tariff proposals. Bitget's Chief Analyst Ryan Lee said: "The recent pullback in Bitcoin is more driven by changes in global risk sentiment rather than the cryptocurrency market's own fundamentals. Rising macroeconomic uncertainty, combined with profit-taking after the previous sharp rise, has led investors to adopt a more cautious strategy across various markets such as stocks, commodities, and digital assets." Looking ahead, Lee expects Bitcoin to maintain a range-bound pattern in the second half of January, with support possibly forming around $85,000.
03:57
Trove shifts to Solana to rebuild DEX, TROVE token launch postponed to January 19
PANews reported on January 19 that Trove recently announced it will abandon its deployment plan on Hyperliquid and instead rebuild its TROVE token and perpetual contract DEX on Solana. Previously, a liquidity provider supporting Hyperliquid withdrew 500,000 HYPE holdings, prompting a strategic adjustment for the project. The TROVE token TGE has been postponed to January 19 at 24:00 (UTC+8). The project team will arrange refunds totaling approximately $2.44 million for some ICO participants, and the funds will be transferred to a multi-signature account for subsequent distribution.
03:56
「Yolo Long Ranger」 Liquidates FARTCOIN Short, Loses $40,000
BlockBeats News, January 19, according to Hyperinsight monitoring, the "aggressive long-pro" trader (0xbaae1) closed out a 1,789,328.7 FARTCOIN short position, realizing a $40,000 loss. The address currently holds no position and is in a wait-and-see state. This address has shown a very high risk preference, employing a high-frequency, large-position isolated margin trading strategy.
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