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BTC popped after the Maduro arrest... what now?

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Plus: ETH gets institutional love

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GM. There's no need to zest your brain for news - today’s top crypto squeezes are served up and chilled.

Here's a taste of what's on tap:

🍍 Bitcoin's price spike;

🤝 Bitmine x Ethereum

🍋 PwC expands crypto services, wrench attacks on rise + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $3.17T 2.16% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $93,845.69 2.71% 6.82%
Ethereum Ethereum ETH $3,187.09 1.44% 8.14%
XRP XRP XRP $2.18 4.55% 17.09%
BNB BNB BNB $906.02 1.07% 6.09%
Solana Solana SOL $135.54 0.27% 9.40%
Prices as of 12:00 PM EST. Click here to see live data.

BTC checked the news and decided today was a good day to act unhinged.

Here's what happened: over the weekend, the US captured Venezuela's Nicolás Maduro. When something geopolitical breaks like that, the first reaction is usually uncertainty.

Gold jumped about 2.2% to roughly $4,424/oz as traders reached for safety.

In the meantime, crypto took all of that in, hesitated for a moment... and then also moved higher: Bitcoin pushed into the $93K area.

Now, a lot of traders had leaned short because they expected geopolitical stress to push crypto down. Instead, BTC climbed, so the market forced those bets out.

Around $200M in shorts got liquidated, and the vibe switched from "uncertain headline" trading to "momentum is back" trading.

Bitcoin price chart from BitDegree, 01-05

Source: BitDegree

Then, secondary narratives followed.

Traders began talking about Venezuelan state assets, sanctions enforcement, and whether any Bitcoin tied to government-linked wallets or past seizure cases could eventually come into play.

Nothing confirmed, nothing on-chain yet - but in crypto, these narratives don't need proof on day one.

They just need to be directional while price is already moving and liquidity is thin.

So, what matters next? We gotta see whether BTC can hold the $91K - $93K range without leverage cracking, and whether this headline stays quiet long enough for price to build on its own.

The market's confident right now, but it knows the truth: this rally started with news, and news can change fast.

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🥝 Memecoin harvest

These tokens just went from lol to lambo 🤡

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🤝 Bitmine x Ethereum

Let's talk about one of those crypto stories that sounds boring at first... and then rewires how you think about where all this is going.

A publicly traded company called Bitmine Immersion Technologies told the world it now holds more than 4M Ethereum tokens.

To put that in human terms: this isn't a retail investor with a Ledger and a dream. This is a company that's structured its balance sheet - the financial backbone of the business - around Ethereum.

Bitmine's tweet about crypto holdings

Source: @BitMNR

Now, instead of letting that Ethereum just sit there, a significant portion is being staked.

(Which means it's locked into the Ethereum network to help keep the system running - and in return, Bitmine earns more ETH over time.)

And this matters because it tells us how institutions are starting to use crypto.

For years, most big players either traded crypto, mined it, or held it.

Bitmine, on the other hand, is treating Ethereum like a productive asset: something that can secure a network, generate ongoing returns, and serve as a foundation for future services.

They're even building staking infrastructure that others could eventually use.

Translation: Ethereum is becoming a financial utility that companies can rely on.

Of course, this isn't risk-free. Ethereum's rules can change, regulations can shift, and crypto still has mood swings.

But that's exactly why this story is interesting: Bitmine isn’t ignoring those risks; it's betting that the usefulness of Ethereum outweighs them.

And once enough companies start thinking that way, crypto stops feeling experimental... and starts feeling inevitable.

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🍋 News drops you can't miss

🌍 Need to send money to the UAE but overwhelmed by all the choices? Our guide walks through the best ways.

🧑‍💼 PricewaterhouseCoopers is growing its crypto services now that US rules are finally getting clearer. They're doing this after new folks took over at key financial agencies and recent policy updates.

🛠️ Haseeb Qureshi noticed more "wrench attacks" lately. These are cases where thieves use actual force to steal people's crypto.

🇦🇷 Coinbase is stopping Argentine peso-based USDC buys, sales, and bank withdrawals on January 31 so it can rethink its approach there. Crypto-to-crypto trades still work, and everyone's assets are fine.

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🍌 Juicy memes

Meme about childhood fears of evil versus real-life struggles.

Source: @CryptoTea_

Meme about feeling lost and frustrated without WiFi for a short time.

Source: @BillyM2k

Meme about choosing between various meme-based cryptocurrencies.

Source: @TheCryptoLark

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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