Bitcoin faces renewed technical pressure as a veteran trader flags a completed bear channel, warning that downside risk remains dominant unless a critical price level is decisively reclaimed.

While BTC plunged below $87,000 on Sunday, prediction markets are flashing mixed but revealing signals for bitcoin as late January betting frames a tug-of-war between short-term caution and longer-term optimism.

Earlier this week, blockchain investigator ZachXBT published an explosive thread on X alleging that a shadowy figure known online as “John” or “Lick” sat at the center of a web of cryptocurrency thefts that stretched from private wallets to U.S. government seizure addresses.

Monero has suffered a sharp reversal, plunging nearly 20% in a week and 41% from its Jan. 14 all-time high of $797.

XRP sank to session lows as intensifying macro uncertainty and rising trade tensions crushed risk appetite, driving a decisive breakdown from consolidation and reinforcing a bearish trend across crypto markets.

The price of bitcoin slid on Sunday, dipping below the $88,000 range and tagging a low of $87,471 per unit. Around noon (EST), the top crypto settled into a clean intraday slide, defined by a tidy staircase of lower highs and lower lows.

The Ethereum Foundation has formed a dedicated post-quantum security team as the ecosystem moves from long-term research into active execution to address the growing risks posed by quantum computing.

A potential U.S. military strike on Iran could trigger prolonged regional conflict and significant global economic disruption, according to geopolitical commentary shared in a recent Youtube interview with the host of the Predictive History channel.

Over the past seven days, the crypto economy coughed up roughly $220 billion and is now wobbling right around the $3 trillion line. Bitcoin slipped 6.6%, a broad swath of altcoins face-planted, yet a stubborn handful still walked away with gains this week.

It’s a tightrope walk in the crypto circus today as bitcoin teeters just above a crucial support zone, drawing both skeptics and hopeful scalpers to the ring. With a market that can’t decide if it wants to bounce or break, let’s dive into the technicals—where the drama is live and the signals are twitchy.

Quantum Threat Looms, New Whales Rising, Brandt Sees $58K–$62K, Trump Tariff Shock, and more in this Week in Review.

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil streamlines rules for banks entering the crypto industry, a Colombian pension fund-manager reveals the development of a bitcoin investment product, and Revolut applies for a banking license in Peru.

Nifty Gateway announces platform closure and moves to withdrawal‑only mode, with asset withdrawal instructions for users.

ZBD secures $40 million Series C to expand bitcoin and blockchain payment rails for gaming.

Using Truth Social, President Donald Trump warned Canada that if it became a “drop‑off port” for Chinese goods entering the United States, he would impose 100 % tariffs on Canadian products.