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Bitcoin Miners Pull Back: Hashrate Drops To 3-Month Low
On-chain data shows the Bitcoin mining Hashrate has declined to its lowest level since October as miners continue to decommission farms.
7-Day Average Bitcoin Mining Hashrate Has Declined RecentlyThe Bitcoin “Hashrate” refers to an indicator that keeps track of the total amount of computing power that the miners as a whole have attached to the blockchain. This metric may be used as a proxy for the behavior of the network validators.
When the value of the Hashrate goes up, it means new miners are joining the chain and/or old ones are expanding their facilities. Such a trend implies BTC mining is looking attractive to these validators.
On the other hand, the indicator observing a decline suggests some of the miners have decided to disconnect their rigs from the network, potentially because they are finding the cryptocurrency to be unprofitable.
Now, here is a chart from Blockchain.com that shows the trend in the 7-day average value of the Bitcoin Hashrate over the past year:
As displayed in the above graph, the 7-day average Bitcoin Hashrate set a new all-time high (ATH) around 1,151 exahashes per second (EH/s) back in October. Since this record, however, the indicator’s value has gone down.
What’s behind this trend? The answer to that question could lie in the miner revenue. Miners earn their income through two means: block subsidy and transaction fees. Out of these, the former contributes the largest portion to their revenue.
Block subsidy remains fixed in terms of BTC value (outside of Halving events, during which they permanently get slashed in half), but its USD value changes alongside the cryptocurrency’s price. Thus, miner revenue is more-or-less dependent on the asset’s price action.
Back in October, Bitcoin rallied to a new ATH, so miners responded by upgrading their facilities. When the bullish price action didn’t continue, however, the cohort started pulling back. As a result, the 7-day average Hashrate has fallen to around 998 EH/s, its lowest level in more than three months.
Interestingly, the latest continuation of the decline in the indicator has come despite the fact that the cryptocurrency has made some recovery recently. This may be a possible sign that miners aren’t yet convinced by a return of bullish momentum.
A potential consequence of the Hashrate decline may be a drop in the Bitcoin mining Difficulty during the next network adjustment. According to data from CoinWarz, miners have taken an average of 10.6 minutes per block since the last adjustment, which is notably slower than the blockchain’s target of 10 minutes.
To correct for this, Bitcoin could be forced to decrease its Difficulty by 5.6% in the next biweekly adjustment. However, something to note is that there is still about a week to go until this event, so the network’s response could change depending on how the Hashrate behaves in the coming days.
BTC PriceAt the time of writing, Bitcoin is floating around $95,500, up more than 5% over the last seven days.
South Korea Advances Tokenized Securities Framework Amid Crypto Regulation Push
As South Korea intensifies its push for crypto regulation, lawmakers have advanced a bill to establish a legal framework for issuing and trading security token offerings (STOs) using distributed ledger technology (DLT).
Lawmakers Amend Framework For Tokenized SecuritiesOn Thursday, South Korea’s National Assembly passed key amendments to the Capital Markets Act and the Electronic Securities Act, creating a legal framework for the issuance and distribution of tokenized securities.
According to an official government release, the revised rules define tokenized securities as a broad category that extends to both debt and equity products, and recognize them as legitimate financial instruments.
The amendments to the Electronic Securities Act will allow qualified issuers to launch tokenized securities using distributed ledger technology. Meanwhile, the Capital Markets Act changes will enable the products to be traded as investment contract securities on brokerages and other licensed intermediaries.
Notably, the existing Capital Markets Act prohibited the distribution through securities firms, deeming investment contract securities “unsuitable for distribution due to their non-standard characteristics.”
The changes are “expected to enhance accessibility to investments and improve the provision of investment information for these securities,” the official government release stated.
After legislative approval, the bill will be submitted to the State Council, followed by official presidential promulgation. Therefore, the legislation is expected to be enacted one year after being signed into law, tentatively in January 2027.
Moreover, the Financial Services Commission (FSC) is set to lead the implementation, forming a joint “Token Securities Council” with relevant agencies to ensure seamless preparatory work, including the development of supporting infrastructure and enhanced safeguards.
The consultation body will comprise the FSC, the Financial Supervisory Service, the Korea Securities Depository, the Financial Investment Association, industry participants, and experts.
South Korea’s Crypto Regulatory Push ContinuesThis major step follows South Korea’s efforts to develop and establish clear, comprehensive rules to regulate the local crypto industry. Last week, the government shared its 2026 Economic Growth Strategy, which included a plan to open its market to Bitcoin (BTC) Exchange-Traded Funds (ETFs) this year.
Crypto-based ETFs have been banned in South Korea since 2017. In 2024, the country’s regulator reaffirmed its stance after the US Securities and Exchange Commission (SEC) approved the investment products. However, it has now cited the success of the US and Hong Kong’s crypto funds as a key factor for their shift.
The FSC will also accelerate the next phase of its digital asset legislation this quarter to establish a clear regulatory framework for stablecoins. As reported by Bitcoinist, South Korea’s Second Phase of the Virtual Asset User Protection Act was delayed until the start of 2026 due to an ongoing disagreement between the FSC and the Bank of Korea (BOK).
The financial authorities have been clashing for months over rules related to the issuance and distribution of stablecoins, disagreeing on the extent of banks’ role in the issuance of won-pegged tokens.
Nonetheless, the main policies of the crypto framework have been decided, set to include investor protection measures, such as no-fault liability for crypto asset operators and isolation of bankruptcy risks for stablecoin issuers.
Moreover, the country is lifting its long-standing ban on institutional crypto trading, which is anticipated to begin later this year. According to local reports, the FSC is considering a rule to limit corporate cryptocurrency investments at 5% of a company’s equity capital.
Under the latest proposal, eligible firms would be able to allocate up to 5% of equity capital per year to digital assets, limited to the top 20 cryptocurrencies by market capitalization. The final draft version could be released as early as January or February.
Кэти Вуд указала на преимущества биткоина перед золотом
CRYPTO Act Proposal: Unlicensed Operations In New York Could Lead To 15 Years In Prison
On Thursday, a new legislation was proposed in New York that aims to impose additional regulations on digital asset firms. The proposed law, known as the “CRYPTO” Act—short for “Cryptocurrency Regulation Yields Protections, Trust, and Oversight”—would make it illegal for digital asset firms to operate without the necessary licenses.
The announcement came from Manhattan District Attorney (DA) Alvin L. Bragg, Jr., and New York State Senator Zellnor Myrie, who emphasized the urgency of regulating the cryptocurrency marketplace in the State.
NY’s Proposed Crypto BillAccording to the duo’s press statement, organizations that exchange, trade, or transport cryptocurrencies in New York are required to register for a virtual currency license. Failure to do so has resulted in merely civil sanctions.
In contrast, the proposed CRYPTO Act would introduce criminal penalties for operating without a license, bringing New York’s regulatory framework closer to that of the federal system, where unauthorized conduct can result in up to five years in prison.
The new Act aims to ensure that digital asset businesses adhere to the same levels of diligence and transparency as traditional money transmitters.
Under the new legislation, unlicensed operations would fall under the category of Unlicensed Virtual Currency Business Activity, leading to a series of graduated penalties based on the value of the transactions involved.
Offenders could face charges ranging from a Class A misdemeanor to a Class C felony for activities involving $1 million or more within a year, potentially resulting in sentences of 5 to 15 years in state prison.
A “Shadow Financial System”District Attorney Bragg expressed concern about the growth of cryptocurrency, describing it as a “shadow financial system” that facilitates money laundering and other criminal activities. “Crypto is the go-to means for bad actors to move and hide the proceeds of crime,” he stated.
Bragg further urged that the time has come for unlicensed cryptocurrency businesses to face criminal repercussions for not adhering to due diligence requirements.
Senator Myrie echoed Bragg’s sentiments, noting, “As the use of crypto has grown, so has illicit activity.” He emphasized that New York, as a major financial hub, must take seriously its regulatory responsibilities.
Myrie’s bill aims to align the state with the 18 other jurisdictions that have made unlicensed virtual currency transactions criminal offenses, to enhance consumer protection against potential fraud and scams.
This legislative push coincides with a letter from House Democrats to Securities and Exchange Commission (SEC) Chair Paul Atkins, in which several lawmakers urged the reinstatement of enforcement actions against digital asset firms.
The letter sent on Thursday and signed by Representatives Maxine Waters, Sean Casten, and Brad Sherman, expressed deep concerns regarding the SEC’s recent retreat from prosecuting violations related to “digital asset securities.”
Featured image from DALL-E, chart from TradingView.com
ZachXBT: Пользователь аппаратного кошелька лишился активов на $282 млн
Казахстан смягчил требования к майнингу и обороту криптовалют
Belarus Opens Door To Crypto Banks With New Presidential Decree
Belarus took a major step on January 16, 2026, when President Aleksandr Lukashenko signed Decree No. 19 to set rules for so-called “cryptobanks.” The move creates a clear legal spot for companies that want to mix token services with classic banking and payment work.
Decree Defines Cryptobanks And RulesAccording to the decree, a cryptobank is a joint-stock company that may carry out token operations alongside banking, payment and other financial services.
Reports have disclosed that these firms must be residents of the Belarus High-Tech Park (HTP) and will be listed in a special register kept by the National Bank.
The new document ties cryptobank status to HTP residency, which aims to concentrate activity inside a known tech zone. That requirement also means the HTP’s rules will play a role in daily oversight.
Requirements For Market EntryBased on reports from regulators, cryptobanks will face dual supervision: oversight from both the National Bank of the Republic of Belarus and the HTP’s governing bodies. This twin structure is meant to let token services grow while keeping closer control of financial risks.
Officials say cryptobanks will follow many of the rules that apply to non-bank credit and financial organizations, including standards for capital, risk controls and anti-money-laundering checks.
That suggests applicants will need to show robust compliance systems before being accepted into the register.
Belarus: Short-Term Business PlansNational Bank officials said that the decree could be followed by real market steps fast. Aliaksandr Yahorau, the First Deputy Chairman of the National Bank, said Belarus could see its first operating cryptobank within six months after laws and rules are aligned.
He added that cryptobanks may be able to issue loans secured by cryptocurrency, provide payment cards linked to crypto accounts, and allow self-employed people to receive salaries in tokens.
What Comes Next For BelarusThe decree builds on earlier efforts to attract tech and crypto business to Belarus, and it clearly signals a state interest in bringing token activity under formal control.
The next steps will include drafting implementing rules, creating the special registry at the National Bank, and deciding capital and licensing thresholds for applicants.
Featured image from Unsplash, chart from TradingView
XRP Social Interest Explodes To Rival The Likes Of Bitcoin – Details
XRP is in the center of crypto conversations, with social interest on X rising to levels that now rival Bitcoin. Recent data tracking the most searched cashtags on the platform shows XRP consistently appearing among the dominant assets drawing user attention. Interestingly, this surge in visibility is not happening in isolation but in tandem with a series of regulatory, institutional, and ecosystem developments within the XRP ecosystem.
XRP Surges Into The Top Cashtags On XData tracking the most-searched cashtags on the social media platform X shows XRP climbing alongside other cryptocurrencies like Bitcoin and Ethereum. However, a closer look at the data shows that XRP has received many more cashtags compared to other cryptocurrencies.
This trend was revealed by Nikita Bier, head of product at X, who shared a visualization chart of recent search behavior on X. The chart data shows that XRP has consistently appeared among the most queried assets on X since December 2025. Throughout the period depicted, top cashtag traffic has been fluctuating with daily rhythm as X users scan the platform and post on X with cashtags.
The share of searches attributable to $xrp slices into a larger portion of the total during days in early January 2026, which indicates extended interest. On some dates, XRP’s presence in the search mix rivals that of $btc and $eth, which are typically the dominant anchors of crypto attention on social media.
The chart also shows how other tags wax and wane alongside XRP’s performance. Some days show greater fragmentation, where interest is spread across stocks such as $iren (IREN), $tesla (Tesla), $gme (GameStop), and $asts (AST SpaceMobile Inc.). Nonetheless, the trajectory for XRP in the first half of January shows a growing base of people actively getting involved in the cryptocurrency.
Why XRP Is Commanding So Much AttentionSocial interest on X is a mix of speculation and ecosystem developments, which XRP is currently sitting at the center of. Behind this spike in attention are tangible developments surrounding Ripple and the XRP ecosystem.
One recent example is how Ripple secured regulatory approval from the UK’s Financial Conduct Authority, obtaining both an Electronic Money Institution license and cryptoasset registration. Ripple’s regulatory buildout is expanding across Europe, with additional approvals in Luxembourg as part of its push to operate on both sides of the continent.
Interestingly, there are also indications of deeper engagement with Ripple’s ecosystem on the institutional side. Rumors and mentions on X indicate that BlackRock, the world’s largest asset manager, has started to use Ripple’s USD-backed stablecoin (RLUSD) as collateral. However, this move is yet to be confirmed by BlackRock.
These updates, combined with many others, help explain why social interest and cashtag searches for XRP have recently been on the rise on X and other social media platforms.
XRP Burn Rate: Here’s How Many Coins Are Gone Forever
XRP’s huge circulating supply is always a point of discussion among many market participants. This discussion is always around how it can realistically trade at huge price levels in the double and triple digits with such a huge total supply. However, discussion around its burn rate has resurfaced due to current figures showing a steady reduction in the cryptocurrency’s total supply.
According to data shared by an expert on X, XRP’s supply has declined by more than 2 million tokens over the past two years, with comments about how the burn mechanism works, what it actually means for long-term supply, and how it fits into discussions about its valuation and use in large-scale payments.
XRP Burns: Millions Are Gone ForeverXRP does not rely on a discretionary burn program or periodic token destruction events. Instead, the XRP Ledger permanently destroys a small amount of the token every time a transaction is processed. This fee is not paid to validators or any network participant. Once it is consumed by the protocol, it is removed from circulation permanently.
According to numbers shared on X by 24HRSCRYPTO, the total supply stood at 99,988,313,728 about 806 days ago. Today, that number is closer to 99,985,726,061. The difference is 2,587,667 XRP that no longer exist, meaning a little over 3,200 of the altcoin is destroyed per day.
That number may not look dramatic compared to its nearly 100 billion maximum supply. However, it shows consistent on-ledger usage leading to a steady reduction in supply. This has led to the cumulative amount of the token burned slowly moving higher over the full lifetime of the Ledger.
Pre-Mined, How Institutions Fit Into The DesignThe post by 24HRSCRYPTO also revisits a long-standing aspect of XRP’s structure. The token’s entire supply of 100 billion tokens was created at inception, although not all were released at launch.
Furthermore, its supply has always been fixed, and burns will continue to reduce the total number of the token in existence. This is in contrast to networks like Ethereum, Dogecoin, and Solana that see their total circulating supply increase over time.
Furthermore, Ripple, which developed the Ledger, has consistently framed the altcoin from a payments and financial infrastructure perspective. This trend is also unlike most other cryptocurrencies, which are built to work in parallel against traditional finance.
24HRSCRYPTO notes that this design reflects an institutional mindset, noting that supply certainty is something banks and large financial players tend to prefer. When trillions start to flow into the altcoin, the circulating supply will continue to decrease. According to the analyst, $100 per XRP is inevitable in this case. This viewpoint is based on the fact that higher price targets for the token are not speculations but a functional requirement for global-scale usage.
A New Bitcoin Market Regime: Spot Absorption Offsets Futures Noise
Bitcoin is facing a critical test as bulls try to push price above a key resistance zone, hoping to confirm that the recent rebound has real traction. After weeks of choppy trading and repeated rejections, the market is again pressing into levels that could decide whether BTC transitions back into recovery mode or slips into another leg of consolidation. While momentum has improved in recent sessions, the broader structure still reflects uncertainty, with investors split between breakout expectations and caution after the latest correction.
A report from XWIN Research Japan suggests Bitcoin is not currently in a strong directional trend, but instead remains trapped in a consolidation phase defined by range-bound price action and ongoing structural rebuilding. In this environment, the market is attempting to reset positioning after heavy volatility, while supply and demand continue to balance out near major technical levels.
According to the analysis, the bias remains conditionally bullish, meaning upside continuation is still possible if Bitcoin can secure acceptance above resistance and hold it as support. However, the report also warns that short-term overheating risks persist, especially if leverage builds too quickly or price surges without sustained spot demand behind it. With Bitcoin approaching a pivotal inflection point, the next move could be decisive for broader market sentiment.
Whales Take Control as Retail Activity Stays MutedThe report adds that one of the most important shifts in Bitcoin’s current structure is the change in participant quality. CryptoQuant data suggests retail involvement in both spot and futures markets remains muted, while “Big Whale Orders” continue to appear across spot exchanges and derivatives venues.
This points to a market that is being driven less by impulsive speculation and more by larger players gradually positioning through size and patience, shaping liquidity conditions around key price levels.
This trend is reinforced by the 90-day Spot Taker CVD, which has flipped back into Taker Buy Dominant territory. In simple terms, aggressive market buying is increasing again, yet price has not accelerated sharply.
That combination often implies that sell-side pressure is being absorbed, and available supply is being quietly taken off the table at lower levels. Rather than signaling euphoric demand, the behavior aligns more with structural accumulation and controlled risk-taking.
At the same time, futures markets are heating up. Rising volumes and taker buying in derivatives suggest a more speculative layer is returning, raising the risk of short-term volatility if leverage becomes overcrowded. Still, spot flows indicate whales are absorbing supply, meaning futures-driven shakeouts can occur while underlying accumulation continues. The base case remains retail fading as whales take control, unless leverage distorts the structure again.
Bitcoin Faces Heavy Moving Average ResistanceBitcoin is holding near $95,500 after a sharp recovery rally that began from the late-November lows. The chart shows BTC rebounding aggressively from the $85,000–$88,000 area, forming a clean sequence of higher lows and higher highs into mid-January. This move suggests that buyers have regained short-term control, but the market is now entering a key resistance zone where rallies have repeatedly stalled since the breakdown in November.
The most immediate level to watch is the cluster between $95,000 and $98,000, where price is now pressing into overhead supply. BTC is also approaching the declining medium-term moving averages, which are acting as dynamic resistance and signaling that the broader trend is still recovering, not fully reversed.
A clean daily close above this zone would strengthen the case for continuation toward the $100,000 psychological level and potentially a retest of the $105,000 area.
However, if Bitcoin fails to hold above $94,000–$95,000, the breakout risks turning into another liquidity sweep followed by consolidation. In that scenario, support sits near $92,000, with a deeper pullback targeting the $88,000–$90,000 range where buyers previously stepped in. For now, the trend is improving, but confirmation depends on reclaiming resistance with sustained volume.
Featured image from ChatGPT, chart from TradingView.com页面
