The bill is still a &#8220;priority,&#8221; White House Crypto Council Director Patrick 
Witt said, but interagency legalities remain a challenge.

‘Obscure’ laws stall Bitcoin reserve: White House Crypto Council director

With bitcoin hovering tantalizingly near the $100,000 mark, long-silent, old- 
school bitcoin wallets are suddenly stirring, reappearing with a noticeable 
uptick in activity. On Jan. 16, two wallets dating back to 2016 sprang to 
life, moving 1,087 BTC—valued at more than $103 million—for the first time in 
9 years and 9 months. From Cold Storage to […]

2016-Era Bitcoin Whale Suddenly Shifts 1,087 BTC in Onchain Awakening

AVAX, the native token of the Avalanche protocol, is ready for a potential 
price breakout following another week of significant mixed price action. In 
line with the widespread crypto market uplift, the altcoin had initially 
surged as high as $14.85 before retracing below the $13.50 price. According to 
analyst Ali Martinez, AVAX now lies at another critical price juncture, with 
the next price move likely to determine its short-term trend. Related Reading: 
SUI Reclaims Smart Money Zone, While Weekly Structure Signals Big Move Ahead 
Here’s Why AVAX Must Clear $14.83 Resistance In an X post on January 16, 
Martinez shares an insightful analysis of the AVAX 12-hour trading chart, 
identifying a key price zone and an important chart formation. According to 
the presented technical review, AVAX’s recent rejection around $14.85 can be 
attributed to heavy resistance in this region. Most notably, the altcoin has 
struggled to break past this $14.83 price barrier thrice in the last month, 
indicating a significant willingness among investors to sell when the price 
approaches this zone. This could be driven by a general view of such a price 
point as a good profit-taking zone or expectation of a price decline based on 
historical data. It&#8217;s worth noting that Martinez’s analysis also shows that 
AVAX price movement has formed an inverse head and shoulders pattern, thereby 
favoring an imminent upside breakout. For context, the inverse H&amp;S formation 
is a bullish pattern that signals a potential trend reversal. As seen above, 
it consists of three troughs: the left shoulder, where price declines, then 
rebounds; the head, a deeper decline to around $11.26 followed by a recovery, 
and the right shoulder, a higher low ($13.75) that fails to reach the depth of 
the head. All rebound highs are connected by a resistance line ($14.83) known 
as the neckline. And a bullish breakout indicates strengthening buying 
pressure. Therefore, Martinez explains that AVAX must push past this barrier 
in a decisive manner to trigger a bullish breakout towards $17.59 as an 
initial price target. With sustained buying pressure, the analyst predicts a 
further rise to $18.41, representing a potential 35% gain on present market 
prices. Related Reading: XRP Breakout Possible Before The Weekend, Expert Says 
AVAX Market Overview At the time of writing, AVAX trades at. $13.61 reflecting 
minor losses 1.19% and 1.34%in the past one and seven days, respectively. 
Meanwhile, the monthly chart reports a market gain of 14.67%, indicating the 
market could indeed be experiencing a trend reversal following the net 
negative Q4 2025 performance. Featured image from Firi, chart from Tradingview

AVAX Pushes Toward $18 As Key Resistance Looms: Analyst

The tariffs could strain US-European relations, potentially impacting global 
trade dynamics and geopolitical alliances significantly.
The post Trump announces 10% tariff on Denmark and key European allies over 
Greenland dispute appeared first on Crypto Briefing.

Trump announces 10% tariff on Denmark and key European allies over Greenland dispute

Crypto exchange-traded fund (ETF) flows turned mixed on Friday as Bitcoin’s 
multi-day inflow streak snapped sharply. Ether managed to stay marginally 
positive, while XRP and Solana closed the week with subdued, low-conviction 
moves. Crypto ETFs Mixed as Bitcoin Slides and Ether Clings to Inflows The 
week ended on a more cautious note for crypto ETFs, […]

Cryptocurrency price in USD