Category: Other Crypto News

Banks Should Embrace Stablecoin Yield in CLARITY Act: White House Adviser

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Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said it was “unfortunate” that the issue of stablecoin yield has become a major point of contention between the crypto industry and banks, adding that crypto service providers sharing yield with customers does not threaten the…

After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure

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After enduring a brutal 95%+ drawdown from its 2021 peak, Avalanche is now showing early signs of a potential high-timeframe reversal. With price stabilizing at macro support and forming an emerging Elliott Wave structure on the weekly chart, the current phase could mark a critical turning point in the broader cycle. Weekly Elliott Wave Structure Signals Macro Inflection AVAX is currently forming an Elliott Wave structure on the weekly chart, trading within a massive descending channel that has remained intact since the 2021 all-time high. The broader structure suggests the…

Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

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Key points: Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508. Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers. Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is stuck between the true market mean at $79,200 and the realized price near $55,000. The onchain data provider expects the range-bound action to continue until a major catalyst pushes the price either above or below…

Historical Pattern From 2017 Signals Bitcoin Price Crash To $35,000

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Bitcoin is still playing out a series of price actions that look like they may be entering a deeper correction phase. A technical analysis shared on social media platform X by crypto analyst Chiefy suggests that Bitcoin is repeating the macro structures seen after the 2017 and 2021 cycle tops. If the pattern continues to unfold with similar symmetry, the projection is that Bitcoin could fall to as low as $35,000 within days. Bitcoin Imitating 2017 And 2021 Cycle Structures Chiefy’s chart compares three major peaks: the $21,000 high in…

Bitcoin Pushes Above $69K as Retail Bulls Show Intent

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Bitcoin (BTC) rallied to $69,482 on Friday, and the rally coincided with data showing steady accumulation from smaller-sized holders in February. Analysts say the breakout may evolve into a broader bullish trend, although other data suggest that a longer period of price consolidation will underlie the emerging bull trend. Key takeaways: BTC broke above the $69,000 resistance and its descending channel, triggering $92 million in short liquidations within four hours. Small wallets added $613 million in February, while the whale wallets stalled with $4.5B billion in outflows. Short-term holder profit-ratio…

Trump Media Files For Cronos, Bitcoin‑Ether ETFs With Staking Focus

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Cardano Founder Hoskinson Warns Of 90-180 Days Of Pain

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Cardano founder Charles Hoskinson says the crypto market is headed for “90–180 days” of more grind, not because the industry lacks catalysts, but because retail is exhausted and the narrative that kept people engaged has stopped working. Speaking with CoinDesk at Consensus 2026 in Hong Kong, the Input Output CEO framed the current drawdown as a morale problem as much as a market one. “This one particularly stings because we expected a really strong cycle in 2025 and we didn’t quite get it,” he said. “So, a lot of people…

Anchorage Enables SOL Borrowing Without Moving Custody

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Anchorage Digital has partnered with Kamino and Solana Company to roll out a structure that allows institutions to borrow against staked Solana without moving assets out of regulated custody, potentially addressing a key friction between traditional finance and decentralized lending markets. In a Friday announcement, Anchorage said the initiative expands its Atlas collateral management platform by integrating with Kamino, a Solana-based decentralized lending protocol. The effort is being carried out in collaboration with Solana Company, a publicly traded Solana (SOL) treasury created in partnership with Pantera Capital and Summer Capital. …

Passing CLARITY Act Will ‘Comfort’ Crypto Market Investors: Scott Bessent

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Passing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. The stalling of the CLARITY bill over concerns voiced by crypto industry executives has negatively impacted the industry, Bessent told CNBC on Friday. He said: “In a time when we are having one of these historically volatile sell-offs, I think some clarity on the CLARITY bill would give great comfort to the market, and we could move forward from there.  I think if the Democrats were to take…

Bitcoin’s $2.3 Billion Wipeout Marks Harshest Crash In 4 Years: Analysts

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The recent slide of Bitcoin has punched a hole in short-term holders’ wallets and left loud questions about where prices might settle next. Markets are jittery; people who bought high are taking losses. Some sellers reacted fast, and that rush shows up in on-chain numbers. Realized Losses Hit Historical Levels According to CryptoQuant and an analyst writing under the name IT Tech, Bitcoin’s seven-day average of realized net losses climbed to about $2.3 billion — a figure that puts this sell-off among the largest loss events on record. “This is…