Category: Other Crypto News

Vitalik Buterin Says He Will Return Fully to Decentralized Social in 2026

boss

Ethereum co-founder Vitalik Buterin said he plans to fully recommit to decentralized social media in 2026, arguing that only platforms built on shared, decentralized data layers can foster real competition and support mass communication systems aligned with users’ interests rather than engagement metrics. In a Wednesday post on X, Buterin said he has shifted his activity toward decentralized social platforms this year, noting that every post he has written or read in 2026 has been accessed through Firefly, a multi-client interface that supports X, Lens, Farcaster and Bluesky. “If we…

ETH Dip Buyers Absorb $130M Ether, But Risk Of $2.7K Drop Remains

boss

Ether (ETH) price saw a daily candle close below $3,000 on Tuesday, but a positive is that data showed large holders were buying throughout the dip. While ETH whale accumulation signals growing confidence, conflicting indicators suggest rising market risk for the altcoin. Key takeaways: ETH whales and institutional investors bought over $130 million in Ether as the price closed below $3,000 on Tuesday. BitMine added more than 92,500 ETH in January, showcasing the growing demand for staking yield. Whales bought the dip as ETH traded below $3,000 ETH dropped 7.83%…

US Senate Agriculture Committee to Release Updated Market Structure Bill

boss

The US Senate Agriculture Committee, one of two committees in the chamber considering legislation to establish digital asset market structure, is expected to release its text of the bill by the close of business on Wednesday. Chair John Boozman said last week that the committee would release its version of the Digital Asset Markets Clarity (CLARITY) Act on Wednesday, with a markup hearing scheduled for the following Tuesday. However, the committee had not announced any updates since Coinbase effectively derailed a scheduled markup in the Senate Banking Committee last week…

Sacks Says Banks and Crypto Will Merge Into One Digital Asset Industry

boss

White House crypto czar David Sacks said banks and crypto companies will ultimately merge into “one digital asset industry” once Congress passes the long-delayed market structure bill. The comments came during an interview on CNBC’s Squawk Box on Wednesday at the World Economic Forum (WEF) in Davos, Switzerland, where Sacks was asked about the negotiations around the proposed CLARITY Act, a market structure bill that has stalled amid debate over whether stablecoin issuers should be permitted to offer yield. David Sacks (middle) speaks during a Squawk Box interview at the…

Pushing Out Bears As Confirmation Closes In

boss

PEPE is finally entering a critical phase as recent price action suggests the market is actively pushing out bears ahead of a potential structural shift. Pseudonymous crypto analyst ‘The Composite Trader’ argues that the move is less about immediate upside and more about completing a controlled reversal process and preventing any further downside.  In an X post this Tuesday, The Composite Trader updated a setup he first outlined on January 5, explaining that PEPE’s sharp bullish expansion at the start of the year was never meant to be sustained. He…

Iran‘s Central Bank Acquired $507M in USDt to Prop up Rial: Elliptic

boss

The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Blockchain analytics platform Elliptic reported that the Central Bank of Iran (CBI) acquired more than half a billion dollars worth of Tether’s USDt, with indications that the stablecoins were used to prop up the country’s fiat currency. In a Wednesday report, Elliptic said Iran’s central bank had about $507 million in USDt (USDT), the US dollar-pegged stablecoin issued by Tether. According to the platform, it…

XRP Goes Institutional: Flare Networks Unveils New Infrastructure Support

boss

XRP is taking a decisive step toward institutional relevance as Flare Networks unveils new infrastructure designed to support enterprise-grade financial use cases. For years, XRP has been recognized for its speed and efficiency in cross-border payments, and XRP has often been discussed as a liquidity asset, but with limited programmability and on-chain utility. Flare’s latest move changes that equation, unlocking new layers of functionality that position XRP as more than just a settlement token. How Flare Expands XRP Smart Contract Capabilities Flare Networks is taking concrete steps to activate XRP…

Bitcoin, Altcoin Sell-off As Global Tensions Lead Traders To Cut Risk

boss

Key points: Bitcoin is attempting to find support near the $88,000 level, signaling a positive sentiment. Buyers will have to defend the support levels in select major altcoins, or else the recovery could fizzle out. Bitcoin (BTC) is attempting to find support near $88,000, but a handful of US and global macroeconomic factors are creating headwinds for the entire crypto market. As a result, the buyers are taking a cautious approach and possibly waiting to see how a reignited trade war between the US and EU will impact markets. The…

US Has to ‘Make it so that China Doesn’t Get the Hold‘ of Crypto

boss

US President Donald Trump used part of his speech addressing the crowd at the World Economic Forum (WEF) on Wednesday to discuss the motivations behind his crypto policies, saying China’s regulatory landscape was a factor.  In a Wednesday speech at the WEF’s annual meeting in Davos, Switzerland, Trump said he supported the signing of the payment stablecoin-focused legislation, the GENIUS Act, in July because it was “politically good” and “China wanted that market, too.”  “[I]t is politically popular,” said Trump on crypto. “But it’s, much more importantly, we have to…

Bitcoin’s Sharp Reversal Leaves Over $800 Million Liquidated In 1 Day

boss

Bitcoin tumbled sharply this week and erased the gains it had made in 2026. Reports from CoinGlass show that over the past 24 hours, 167,513 traders were forced out of their positions, with total liquidations reaching $857 million, with most of those losses coming from long bets. The price slid below the key $88,000 area on major exchanges as traders were forced out of leveraged positions. Liquidations And Quick Drop According to CoinGlass and market trackers, the liquidations were concentrated in long positions, which amplified the fall and made the…