Category: Other Crypto News

Pro-Crypto PAC to be Headed by Tether Executive ahead of US Midterms

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Jesse Spiro, the head of government affairs at stablecoin issuer Tether, will be chairing the organization of a crypto-backed Super political action committee (PAC) to “actively support candidates” in the 2026 US midterm elections and beyond. In a Wednesday announcement, the Fellowship PAC, a committee that launched in August 2025 and later claimed to have raised “over $100 million” from undisclosed backers aligned with the crypto industry, said that Spiro would become chair ahead of its first political endorsements for the 2026 elections. The PAC said that it would support…

Pundit Reveals The 5 Phases To Know When The Bleed Has Ended

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A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom. The analysis concludes that the cryptocurrency could still face additional downward pressure before ultimately reaching its final price floor this year.   The Early Phases Of Bitcoin’s Price Bottom Ardi, a technical analyst on X, has used the market structure and price movements during the 2022 bear market to predict when Bitcoin could reach a price floor in this current bear cycle. In his analysis, he…

Bitcoin Must Clear $69K For Altcoins and BTC To Resume Bull Market

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Key points: Buyers will have to sustain Bitcoin above $69,000 to gain the upper hand in the short term. Select major altcoins may break above their near-term resistance, signaling buying at lower levels. Bitcoin (BTC) is facing resistance at $69,000, but the bulls continue to exert pressure. A minor positive in favor of the bulls is that the US spot BTC exchange-traded funds have recorded $186.9 million in inflows this week, according to Farside Investors data. Is this a good level to buy BTC, or could it fall further? That’s…

Drift Protocol Warns of Potential Cybersecurity Exploit

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Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected “unusual” trading activity on the platform on Wednesday, warning users not to deposit funds until the issue has been resolved. The Drift team did not disclose the specific cause of the ongoing incident or the damage in its initial announcement and is currently investigating the issue.  In a subsequent update, the Drift team announced that deposits and withdrawals on the platform have been suspended.  Source: Drift Protocol Blockchain cybersecurity threat researcher Vladimir S said the exploit was likely due to a crypto…

Bitcoin Treasury Sell-Off Could Signal Deeper Capitulation Coming: Analyst

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The value of the Bitcoin treasury company’s holdings peaked at over $711 million in October 2025, when BTC hit an all-time high of about $126,000. Bitcoin (BTC) treasury company Nakamoto (NAKA) selling its BTC at a loss could signal capitulation of more crypto treasury companies and the start of a “contagion” that could spark a wave of forced selling, according to market analyst Nic Puckrin. “Cracks are beginning to show in the digital asset treasury (DAT) market,” Puckrin said, adding that the war in the Middle East will likely place…

Bitcoin Below $54K Would Signal Best Accumulation Zone: Analyst

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A drop to $54,000 could mark one of the strongest buying opportunities in Bitcoin’s current cycle, according to on-chain data analysts — but the price still sits roughly 20% above that level, and some market watchers say the bottom may not yet be in. Related Reading Realized Price Draws Attention From Long-Term Investors The metric at the center of the conversation is Bitcoin’s Realized Price, currently near $54,000. Unlike the daily spot price, this figure reflects the average cost at which every coin on the network last changed hands. When…

CFTC Chair Says Agency is Ready to Oversee Entire Crypto Market

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Michael Selig, US President Donald Trump’s nominee leading the Commodity Futures Trading Commission (CFTC), said the agency was prepared to oversee the entire $3 trillion crypto industry, with no timeline for Congress to pass a crucial market structure bill. In a Wednesday statement about his first 100 days as CFTC chair, Selig said that the commission was “ready to take responsibility” for the crypto market and reiterated his claim that it was the sole regulator to oversee prediction markets. His comments come as the US Senate considers the CLARITY Act,…

Why It’s Partnering, Not Issuing

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Key takeaways Meta plans to introduce dollar-linked stablecoin payments across its platforms in late 2026. Unlike its earlier Libra attempt, the company will not issue its own cryptocurrency but instead integrate existing stablecoins. Regulatory opposition to the Libra/Diem project made it clear that governments were uncomfortable with Big Tech issuing private global currencies. Meta’s new strategy reflects those lessons by avoiding direct control over the currency itself. Instead of managing stablecoin reserves or issuance, Meta intends to work with external partners that handle infrastructure, compliance and settlement, while Meta itself…

Dogecoin Team Just Dropped 5 “Bombshells” On The Community, Is DOGE About To Change Forever?

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The Dogecoin team has made an “important” announcement to the community, revealing five developments as they supposedly make a transition. This comes as DOGE attempts to reclaim the psychological $0.10 level with the crypto market rebounding.  Dogecoin Team Drops Important Message To DOGE Community In an X post, the Dogecoin team announced that, effective immediately, they are undergoing a full corporate restructuring and are transitioning to DogeCoin Financial Solutions LLC. As part of this transition, the team will be retiring the Shiba Inu logo in favor of a “tasteful navy…

Token Voting Is Crypto’s Broken Incentive System

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Opinion by: Francesco Mosterts, co-founder of Umia. Crypto prides itself on being a market-driven system. Prices, incentives, and capital flows determine everything from token valuations to lending rates and blockspace demand. Markets are the industry’s primary coordination mechanism. Yet, when it comes to governance, crypto suddenly abandons markets altogether. Recent governance disputes at major protocols have once again exposed the tensions inside DAO decision-making. Participation remains extremely low and influence is highly concentrated. A study of 50 DAOs found “a discernible pattern of low token holder engagement,” showing that a…