Bitcoin is back above $9,000 and several technical indicators estimate that it could soon enter a parabolic move. 

Following the recent price rejection off the 200-day moving average on Jan. 19, Bitcoin plunged over 10%. 

Recent developments in Telegram’s legal battle have revealed the names of investors who participated in the company’s multi-billion dollar token sale in 2018, as first reported by CoinDesk on Jan. 27.

Most notably, statements during the deposition of Telegram CEO Paval Durov revealed that Mickey Malka of Ribbit Capital was an early investor. Malka is best known within the cryptocurrency industry for his role in the now-defunct Bitcoin Foundation.

CherrySwap v2, an automated market maker for interest rate swaps, is an early insight into how DeFi can absorb traditional finance by recreating similar mechanisms in a permissionless manner. 

Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.

As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.

Stablecoin giant Tether Ltd. has just launched a gold-backed cryptocurrency, which is price-pegged to the precious metal. The news was announced in a Jan. 23 web post.

Uniswap, a leading decentralized exchange (DEX), has seen tremendous growth in the last week, having cleared all-time highs in terms of platform liquidity and ETH locked in reserves. 

Litecoin saw a substantial amount of value transferred on its network throughout 2019. As the cryptocurrency market appears to have entered a new bull run, this year looks even more promising for LTC.

According to a recent report by BitInfoCharts, over $100 billion worth of LTC were transacted over the Litecoin blockchain last year. 

Ripple Insights has published its quarterly markets report, which reveals that the company and its XRP token experienced mixed growth in 2019.

Ripple’s On-Demand Liquidity (ODL) services, which facilitate cross-border settlements, saw noticeable growth. These services handled 550% more value in Q4 of 2019 than they did in Q3. In raw transactions, those services saw a 290% increase in activity.

Central banks representing a fifth of the world’s population say they’re likely to issue a “Central Bank Digital Currency” in the next three years, according to an official survey.

According to a survey on CBDCs published by the Bank of International Settlements on Jan. 23, central banks representing 20% of the world’s population say they’re likely to issue a CBDC in the next three years ⁠— and while the relative number of banks is small, representing 10% of the banks surveyed, that’s still twice as many as last year.

In the last 24 hours, Bitcoin took a 3% nosedive that saw its price move below the $8,500 support level. Now, the flagship cryptocurrency is being held by a thin barrier that could break at any minute pushing it further down.