DAY TRADING 📈
Posts
From Times Square to Token Rug — Eric Adams’ NYC Coin Implodes

From Times Square to Token Rug — Eric Adams’ NYC Coin Implodes

January 9–15, 2026 | Market Mood: Greed takes over as BTC pumps upward.

DayTrading Dispatch
January 16, 2026

🤡 NYC Token: From Civic Pride to Crypto Rug?

Eric Adams, once crowned “Bitcoin Mayor”, just launched a memecoin. It lasted about 12 minutes.

On Jan 12, he rolled out NYC Token in Times Square, calling it a crypto “against antisemitism, anti-Americanism, and for blockchain education.”

Here’s how it went down:

🚀 Market cap ripped to ~$580M within hours.

🧱 Liquidity vanished. ~$3M USDC vanished near the top.

💥 Price nuked over 80% in minutes, erasing nearly $500M in value.

💀 Token now trades around $0.13, miles below highs near $0.47.

Adams’ team says: “No rug. Just a rebalance by the market maker.”
🧠 Traders say: “Buzzword bingo with exit liquidity.”

👉 NYC Token might be the fastest round trip from press conference to trust implosion we’ve seen all year.

👉 Read the full breakdown

💀 THIS WEEK IN CHAOS

🔨 Wrench Attack in France: Crypto Exec’s Family Targeted

Three armed men broke into a crypto investor’s home in France, beat his parents, tied up the family, and escaped. They were after private keys.
👉 Self-custody isn’t just tech. It's a physical risk.

🩸 BTC Tapped $96K… Then Iran Happened

Bitcoin hit $96K with the market cap flirting with $3.25T — until U.S.–Iran tensions slapped the rally mid-pump.
👉 Pumps die fast when geopolitics walks in.

🚫 CLARITY Act Just Killed Stablecoin Yields

New amendments ban crypto firms from paying yield for holding stablecoins.
👉 TradFi yield hunters just lost their on-chain haven.

🐢 Crypto Market Bill Delayed Again

The Senate Agriculture Committee kicked the crypto bill markup to January 27 — again.
👉 Translation: Still no rules. Still no trust.

🦅 Trump-Linked Crypto Lender Goes Live

World Liberty Financial (yes, the Trump-backed one) launched a crypto lending arm. Already hit $20M TVL.
👉 Politics, yield, and volatility. What could go wrong?

🏛️ Coinbase Bails on Crypto Market Structure Bill

Brian Armstrong pulled out, citing sketchy legal language and future lawsuit bait.
👉 If Coinbase won’t back it, that says everything.

🧪 Poll of the Week: What Are BTC Whales Plotting?

🐋 $2.76B in Bitcoin Bought in Days. What Are Whales Plotting?

In just five days, whales scooped up 30,000 BTC, worth ~$2.76 billion at current prices. This shows a sharp spike in whale balances. Quiet accumulation. Loud implications. So what’s really going on?

👉 Cast your vote.

Whales move first. Everyone else reacts.

📚 RESOURCES WE LIKED THIS WEEK

Read smarter. Panic less. Or panic better.

🤖 Most Traders Use ChatGPT Wrong—These 7 Prompts Fix That

If ChatGPT hasn’t made you money yet, that’s a you problem. This fixes it.
👉 Upgrade your prompts before the market upgrades without you

📊 KuCoin Hits Record Market Share

While others bled volume, KuCoin just flowed.
👉 Follow the volume, not the influencers

🔗 Wrapped Bitcoin (wBTC): Making BTC Work on Ethereum

BTC, but usable. DeFi, but with training wheels. If you still don’t get wBTC, this is your intervention.
👉 Learn how Bitcoin leaves home

🕵️ What Is Venice AI?

A chatbot that doesn’t snitch, log, or farm your soul. Privacy maxis, this one’s for you.
👉 See why AI privacy suddenly matters

📊This Week’s Big Movers

Epic bouncers, super slides, and tokens that pumped like there’s no tomorrow.

👆 BitTorrent [OLD] [BTTOLD] +91515% 👆 PRXVT by Virtuals [PRXVT] +6182%

👆 JoyStick [JSK] +2714% 👆 Felis [FELIS] +1758% 👆 Islamic Coin [ISLM] +307%

👆 Palladium Network [PLLD] +194% 👆 Dash [DASH] +103% 👆 Binance Life +98%

👆 Monero [XMR] +56% 👆 Internet Computer [ICP] +35%

👇Solaris AI [OLD] [SOLARIS] -95% 👇DINOSOL [DINO] -91% 👇 UCHAIN [UCN] -47%

👇 Lava Network [LAVA] -39% 👇 Lighter [LIT] -38% 👇 Legacy Token [LGCT] -36%

👇 Midnight [NIGHT] -16% 👇 Litecoin [LTC] -7%

🔮 What to Watch Next Week

Short fuse. Big consequences.

🌍 Davos Meets Web3 (Jan 19–22)
While the World Economic Forum talks politics, the Web3 side event will yell about DeFi and tokenization.
👉 Big headlines. Low signal. Don’t trade the hype.

🏃‍♀️ MLK Day = Thin Liquidity
Jan 19: US markets closed. Low volume means smaller moves hit harder. Chop loves holidays.

🏛️ Regulatory Noise Reloaded