Home Blog Page 1206

Pakistan signs deal with WLFI-linked crypto business for cross-border payments

0

The agreement would explore integrating a dollar-backed stablecoin into Pakistan’s regulated payments system as the country ramps up plans for digital currency and virtual-asset rules.

Best Bitcoin Wallets [January 2026] – Recovery, Privacy, DeFi

0

Disclosure: This article contains affiliate links. If you click a link and make a purchase or sign up for a service, Bitcoin.com may receive a commission. Our editorial content is independent and based on objective analysis. Looking for the best Bitcoin and crypto wallets in January 2026? We compare the top Bitcoin and crypto wallets […]

Metaspacex Limited partners with Popcorn Technology to expand into Web3.0 digital finance

0

(ACN Newswire) – Metaspacex Limited (“Metaspacex” or the “Company”, together with its subsidiaries, the “Group”; Stock Code: 1796.HK) announces that it has entered into a cooperation agreement with Popcorn Technology LLC. Pursuant to the agreement, the two parties will jointly establish a project company to develop blockchain and digital finance-related businesses, marking a significant milestone in the Group’s strategic expansion into the Web3.0 and digital asset sectors.

Through the collaboration, Metaspacex is expected to enter the high-growth digital finance sector and create new profit growth points by leveraging AI quantitative technologies and related trading platforms, while enhancing its overall competitiveness within the digital asset ecosystem. Popcorn Technology will provide the project company with a range of technologies and professional services for the clients, including the development of a public blockchain, a digital wallet, a blockchain explorer and a cryptocurrency trading platform, as well as consultancy services regarding obtaining a cryptocurrency exchange license.

In recent years, Metaspacex has actively explored opportunities in emerging technologies such as AI and blockchain, with a focus on diversifying its business and creating long-term value for shareholders. The Board believes that the deep integration of digital and virtual currencies with financial technology is becoming an important trend in global financial markets. The cooperation is closely aligned with the Group’s strategy to promote business diversification and advance its Web3.0 digital finance initiatives.

Bitcoin Price Gains 1.5% as Risk Assets Celebrate US CPI Print

0

Bitcoin (BTC) eyed one-week highs at Tuesday’s Wall Street open as markets surged on low US inflation data.

Key points:

  • Bitcoin approaches $93,000 and a “huge” resistance wall on the back of positive US inflation trends.

  • The S&P 500 beats records despite the ongoing spat between US President Donald Trump and Federal Reserve Chair Jerome Powell.

  • A trader calls time on the low time frame Bitcoin trading range.

Bitcoin gets US inflation boost as S&P 500 surges

Data from TradingView showed 1.5% BTC price gains accompanying cooler-than-expected Consumer Price Index (CPI) figures for December 2025.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

CPI matched 2.7% predictions, while core CPI came in at 2.6%, 0.1% below the anticipated level, the Bureau of Labor Statistics (BLS) confirmed. 

“The all items index rose 2.7 percent for the 12 months ending December, the same increase as over the 12 months ending November,” it wrote in an official statement.

US CPI 12-month % change. Source: BLS

Reacting, US stock markets immediately gained, with the S&P 500 hitting new all-time highs. 

“Both headline and core CPI inflation were FLAT in December,” trading resource The Kobeissi Letter responded on X.

Kobeissi touched on a problematic situation between the US government and the Federal Reserve. As Cointelegraph reported, the Fed is expected to keep interest rates at current levels at its next meeting on Jan. 28.

Fed target rate probabilities for Jan. 28 FOMC meeting (screenshot). Source: CME Group FedWatch Tool

At the same time, President Donald Trump continues to demand that rates drop further. A legal investigation into Powell announced in recent days has become a symbol of that tension, with Powell himself publicly suggesting that it came as a result of Fed policy.

After CPI, Trump reiterated his request for lower rates — something that would notionally have a positive impact on liquidity flowing into risk assets and crypto.

Source: Truth Social

Trump alluded to US trade tariffs helping bring inflation lower — a source of contention in itself, with the Supreme Court due to decide on the tariffs’ legality this week.

BTC price range “won’t last much longer”

As Bitcoin eyed $93,000, traders were thus under no illusion about the buying power required to propel the price into a sustained uptrend.

Related: Bitcoin loses to gold as debasement trade with BTC at 2-year lows: Analysis

Commentator Exitpump showed two volume-weighted average price (VWAP) trendlines coming into view as a “huge resistance area.”

VWAP refers to an average price point over a period of time, weighted by the amount of trade volume seen.

“The chop from the past few days has made it so there’s some decent liquidity built up on both sides,” trader Daan Crypto Trades continued earlier on the day. 

“Above, $92.6K-$94K is the area to watch. Below, $89.8K-$88.7K is pretty large.”

Total crypto liquidations (screenshot). Source: CoinGlass

Exchange order-book liquidity from monitoring resource CoinGlass put 24-hour cross-crypto liquidations at nearly $170 million.

“No doubt that this current ~$90K-$92K are which we’ve been trading in for the past 5 days or so, won’t last much longer,” Daan Crypto Trades added.

BTC liquidation heatmap. Source: CoinGlass