Category: Other Crypto News

Legendary Bitcoin OG Deepens Ethereum Bet Despite Losses Exceeding $70 Million

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Ethereum is facing renewed selling pressure as the broader market struggles with fear, uncertainty, and growing bearish expectations. After weeks of weakness, many analysts are now openly calling for a prolonged bear market stretching into 2026, arguing that Ethereum remains below key structural levels and lacks strong momentum. Related Reading Bulls are attempting to defend the $2,800 mark, a level that has become critical for maintaining short-term confidence, but price action continues to reflect hesitation rather than conviction. Volatility remains elevated, and market sentiment is dominated by caution rather than…

Synthetix Returns To Ethereum Mainnet After 3 Years

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Perpetuals trading platform Synthetix is returning to Ethereum’s mainnet, with its founder arguing the network is now more than capable of supporting high-frequency financial applications after years of network congestion drove derivatives activity elsewhere. “By the time perp DEXs became a thing, the mainnet was too congested, but now we can run it back,” Synthetix founder Kain Warwick told Cointelegraph during an interview on Wednesday.  “It’s kind of crazy that there really hasn’t been a Perp DEX on mainnet,” he added, explaining that reduced demand after the perp DEX exodus,…

Solana Value Proposition Extends Beyond Tech Into Economic Infrastructure

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In the evolving landscape of blockchain technology, Solana has rapidly emerged as a platform not merely defined by its technical capabilities but by its broader implications for economic infrastructure. By enabling the class of decentralized applications, SOL is positioning itself as a high-performance blockchain and a foundational layer for the next-generation economic activity.  Why Infrastructure That Enables Continuous Markets In an X post, crypto analyst Vibhu mentioned that Solana is no longer just a piece of financial technology, but a fully functioning economy. What exists on SOL today has gone…

Sacks Says CLARITY Act Will Reach Senate Next Month

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The long-awaited Digital Asset Market Clarity Act, or CLARITY Act, is moving closer to passage, with a Senate markup expected in January, says White House artificial intelligence and crypto czar David Sacks. Sacks posted to X on Thursday that Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman had confirmed that the bipartisan crypto bill will reach the Senate next month. ”We are closer than ever to passing the landmark crypto market structure legislation that President Trump has called for. We look forward to finishing the job…

Federal Reserve Revamps Bank Crypto Rules, Opening New Channels for Digital Asset Trading

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The U.S. Federal Reserve has taken a notable step in reshaping how banks under its supervision can engage with crypto, reversing guidance introduced in 2023 that had sharply limited such activities. Related Reading The decision reflects a broader reassessment inside the central bank about how regulation should adapt to financial innovation, especially as digital assets continue to intersect with traditional banking infrastructure. Under the earlier framework, uninsured state-chartered banks were required to follow the same constraints as federally insured institutions in order to remain under Federal Reserve supervision. That approach…

Dollar Dominance in Global Debt Moves in Cycles, Fed-linked Study Finds

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A new Federal Reserve discussion paper finds that the US dollar’s role in global bond markets has risen and fallen in cycles over the past six decades, with no clear long-term trend toward either greater dollar dominance or de-dollarization. Using the Bank for International Settlements’ (BIS) international debt securities database, the authors identify three distinct “dollarization waves” since the 1960s, showing that shifts in currency use have followed cyclical patterns rather than a steady structural change in global financing. “We find no monotonic dollarization or de-dollarization trend; instead, the dollar’s…

Analyst Says This XRP Level Is Keeping Downside Pressure In Check

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Market analysts are closely watching the XRP price as recent movements test key support levels. A new technical analysis has highlighted a critical price zone that is currently helping contain further downside pressure on XRP. Over the past few months, the cryptocurrency has struggled to reclaim its previous highs, recently crashing below the $2 psychological level amid increased volatility and market uncertainty.  XRP Key Support Contains Downside Risks Crypto analyst Skipper shared a new technical update on XRP this week, highlighting current market dynamics and a critical support level that…

Bitcoin Trips On $90K As CPI Shows Cooling US Inflation

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Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets. Key takeaways: The lower-than-expected CPI print generated a positive response from Bitcoin as new positions opened versus the usual short covering. Onchain data shows “balance-sheet” repair and loss absorption for BTC, not capitulation. CPI print lifts BTC price as positioning rebuilds…

US Lawmakers Exclude BTC From De Minimis Tax Exemption: BPI

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Representatives of the Bitcoin Policy Institute (BPI), a nonprofit Bitcoin advocacy organization, warned that US lawmakers have not included a de minimis tax exemption for Bitcoin transactions below a certain threshold. “De Minimis tax legislation may be limited to only stablecoins, leaving everyday Bitcoin transactions without an exemption,” Conner Brown, BPI’s head of strategy, said on X, adding that the decision to exclude Bitcoin (BTC) is a “severe mistake.” In July, Wyoming Senator Cynthia Lummis introduced a bill proposing a de minimis tax exemption for crypto transactions of $300 or…

XRP Faith Hits New Highs as Long-Term Holders Talk of a Historic Endgame

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Reports have circulated across social channels this week after a prominent XRP commentator warned critics that they may be underestimating the token’s long-term role in finance. Related Reading According to a post on X by user UnknowDLT, XRP’s place in global payment rails was “planned more than a decade ago,” and the token could one day become “the most valuable asset in the world,” a claim that has stirred both debate and disbelief. Community Voice Turns Loud Supporters in the XRP community have long argued that market prices miss bigger…