Category: Other Crypto News

Bitwise Found What’s Really Driving Ethereum Price

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Ethereum’s price has spent much of the past cycle lagging its own institutional and on-chain progress, and Bitwise says the reason is straightforward: ETH is still trading primarily as a Bitcoin proxy, not as a fundamentally valued network. In a new factor-model analysis, the asset manager found BTC has been the dominant force behind weekly ETH returns since 2018, with macro conditions, network activity and ETP flows playing secondary roles. That finding matters because it cuts against one of the more persistent narratives around Ethereum. Regulatory clarity has improved, institutional…

Bitcoin Chases $72K After Fed Decides To Hold Rates: Is BTC Selling Over?

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Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside an overarching sell-off in US stocks.  The correction followed a hotter-than-expected Producer Price Index (PPI) report, which was 0.7% higher than the 3.4% year-on-year estimate. Despite the selling, data shows BTC spot market demand holding steady, with buyers stepping in to absorb the selling pressure and proof of this appetite being reflected by Bitcoin reclaiming $72,000 after Federal Reserve minutes highlighted their decision to leave interest rates unchanged. While the market…

XRP Liquidations Accelerate After $1.50 Breakout: Short Squeeze Unfolds

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XRP has reclaimed the $1.50 level as market activity accelerates and bullish momentum begins to build after weeks of consolidation. The move higher suggests that buyers are regaining control, with traders closely watching whether XRP can sustain this breakout and establish a stronger uptrend. Related Reading Beyond price action, derivatives data is revealing a notable shift in market behavior. According to a recent CryptoQuant report, multiple indicators are now signaling activity levels not seen in weeks, pointing to a renewed wave of participation across XRP markets. In particular, the Multi-Exchange…

Bitcoin Stuck At $74K As US Fed Sets the Stage For Explosive Move

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Bitcoin (BTC) is hanging around $74k, still respecting the post‑shock range and struggling to clear recent highs. Bitcoin Range Holds Today’s QCP Market Colour reports that “the damage has been fairly contained”: the broader crypto market is soft compared with November–January, but continues to be under pressure, as other macro‑sensitive risk assets have fallen harder, although the pullback has been fairly limited in comparison. Dip‑buying interest appears near the lower end of the range, yet spot volumes are light and the tape feels macro‑led rather than crypto‑idiosyncratic. Related Reading In…

‘We are so Close this Time‘ — Senator Lummis on Market Structure Bill

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Wyoming Senator Cynthia Lummis, one of the main proponents of a digital asset market structure bill in the US Congress, has said that the legislation is getting closer to passage despite “things that [she] did not expect” in 2025.  Speaking at the DC Blockchain Summit hosted by the Digital Chamber on Wednesday, Lummis said she had thought that the crypto industry would already be celebrating a “victory lap” for the market structure bill, which passed the US House of Representatives in July 2025. She said that “the main thing” that…

Pundit’s XRP Projection For Next Bull Cycle Shows When Rally To $100 Is Coming

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Popular crypto pundit TARA has published a five-cycle Fibonacci roadmap for XRP on X, projecting that the crypto’s price will eventually surpass $100 in the long term.  The projections, which are based on 0.618 extension targets applied to XRP’s 12-month candlestick chart, trace a sequence of progressively higher cycle peaks, each one separated by corrections and extended accumulation periods, that culminate in a Cycle 5 top of $153. Macro Targets For XRP TARA’s projection framework begins with a pricepoint that is already settled history. Cycle 1, which she noted as…

SBI VC Trade Launches USDC Lending Service for Japan Users

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SBI Holdings’ digital asset arm, SBI VC Trade, said it will launch a USDC lending service in Japan on Thursday, allowing retail users to lend stablecoins to the platform under fixed-term agreements in exchange for returns. On Wednesday, the company said users will be able to lend Circle’s USDC (USDC) stablecoin to the platform and receive interest payments, with a maximum application of 5,000 USDC per offering. The product is structured as a loan to SBI VC Trade rather than a deposit, meaning users take direct counterparty risk. SBI said…

Crypto Ties a Liability in Illinois Primary

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Not all voters are sold on crypto, and in Illinois, the crypto industry lobby failed to secure a victory, despite spending millions.  On Tuesday, Illinois Lieutenant Governor Juliana Stratton won a primary election for a rare open US Senate seat in her state. She is expected to win in the general election and take the seat of retiring Democratic Senator Dick Durbin. In the primary, she won over two other candidates, Representative Raja Krishnamoorthi, who currently represents Illinois’ 8th Congressional district, and Representative Robin Kelly from Illinois’ 2nd.      The crypto…

Crypto Lobby Loses Key Illinois Race Yet Keeps $221M Firepower For Midterms

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Crypto just suffered its first major electoral setback of the 2026 cycle in deep‑blue Illinois, where Lieutenant Governor Juliana Stratton beat pro‑crypto Representative Raja Krishnamoorthi in the Democratic Senate primary, NBC News reports. Related Reading An Electoral Crypto Loss Fairshake, the industry‑backed super political action committee (PAC), poured almost $10 million into ads attacking Stratton as anti‑innovation, but local political muscle, including Governor JB Pritzker’s endorsement and millions in support, proved stronger than crypto money this time. In a state this blue, Stratton’s primary win all but guarantees her a…

Can Bitcoin save you from the dreaded Cantillon Effect?

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In 2025, the 10 richest US billionaires gained nearly $700 billion in wealth over the course of the year, according to Oxfam. To put that in perspective, 1,000 Americans working for 32 years earn as much as these billionaires make in a single day. The rich are getting richer, and the poor are getting poorer. Over the past four decades, the wealthiest 1% of Americans have seen their average yearly income skyrocket to $731,492, while those in the bottom 20% have barely moved at just $33,000, US statistics show.  Cumulative…