Crypto

Bitcoin price prediction turns cautious after CPI as a bear flag threatens a $80,600 breakdown below the $85K support zone. The post Bitcoin Price Prediction: Bear Flag Strengthens After CPI as $85K Wobbles appeared first on Cryptonews.

Data suggests that fears about Xinjiang-related Bitcoin mining have overstated the impact, with hashrate losses proving brief and driven partly by US power curtailments. Recent claims of a major Bitcoin mining crackdown in China’s Xinjiang region rippled through the digital asset industry this week, but data by TheMinerMag suggests the actual impact was far smaller than early narratives implied. According to the latest Miner Weekly report, the Bitcoin network initially experienced a short-term hashrate decline, which was linked to developments in Xinjiang. However, the drop also coincided with power curtailments in the United States. Most major mining pools recovered to near pre-dip levels within days, resulting in a net decline of roughly 20 exahashes per second, which is significantly lower than the approximately 100 EH/s loss cited in early reports. “That points to a largely temporary disruption rather than a sustained, region-specific shutdown,” the report said.  Read more

The decline occurred on volume that was 35% above the token's 30-day average.

The SEC's approval of generic listing standards for crypto ETPs on Sept. 17 cut the launch timeline to 75 days and opened the door to plain-vanilla products. Bitwise predicts more than 100 crypto-linked ETFs will launch in 2026. James Seyffart, senior ETF analyst at Bloomberg, backed the call but added a caveat: “We're going to […] The post 100 new crypto ETFs in 2026 will share a terrifying “single point of failure” that could freeze 85% of global assets appeared first on CryptoSlate.

U.S. asset manager Bitwise has forecast a wave of new crypto-linked exchange-traded funds (ETFs), predicting that more than 100 such products could launch in the United States by 2026 as regulatory clarity accelerates and issuer barriers fall. The post Bitwise Predicts ‘ETF-palooza’ as Over 100 Crypto-Linked ETFs Set to Launch in the U.S. by 2026 appeared first on Cryptonews.

HYPE trades near $24 after a 60% drop from ATH, with bearish charts, whale activity, and token supply events shaping near-term price action.

US lawmakers are only considering de minimis tax exemptions for dollar-pegged stablecoins, according to Bitcoin Policy advocate Conner Brown. 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 less, with a $5,000 annual limit on tax-free transactions and sales. Read more

Fintech firm Intuit is working with Circle via a multi-year strategic alliance that will see USDC used across the firm's products.

The storage token hit an intraday high of $1.26 before selling off sharply to trade down on the day.

Ethereum trades near $2,800 after a 12% weekly drop, with analysts warning of further downside as key support levels continue to break.

In a recent Cointelegraph interview, James Check uses onchain data to challenge popular Bitcoin narratives and outline his thinking for 2026. Bitcoin’s price may look deceptively familiar, but according to onchain analyst James Check, the market beneath the surface has changed far more than most investors realize. In a new interview with Cointelegraph, Check revisits a question he was asked earlier this year: Are we in a bull market or a bear market? While Bitcoin (BTC) is trading near similar price levels, Check says that leverage, investor cost base, and sell-side behavior are now very different, and all those shifts matter. In fact, a majority of the capital currently invested in Bitcoin was acquired at higher prices, leaving many holders underwater and shaping a cautious sentiment. Read more

With technical and preparatory work complete, the ECB pressed lawmakers to move quickly on Europe’s public digital currency amid global stablecoin concerns.

The company’s stablecoin infrastructure and USDC coin will be part of the deal, potentially to be embedded in Intuit’s financial platforms. Intuit, the company behind TurboTax, Credit Karma, QuickBooks and Mailchimp, announced a “multi-year, strategic partnership” with stablecoin issuer Circle involving its stablecoin infrastructure and USDC (USDC). In a Thursday notice, Intuit said the agreement with Circle would allow “faster, lower-cost” payments through their platforms, which focus on business transactions, tax refunds and marketing. According to Circle CEO Jeremy Allaire, the deal will “extend the speed, power and efficiency of USDC for everyday financial transactions.” USDC is the second-largest stablecoin by market capitalization, trailing Tether’s USDt (USDT) by more than $186 billion. According to data from Nansen, USDC’s market cap was more than $77 billion at the time of publication. Read more

The SEC charged a Philadelphia-based Bitcoin mining entrepreneur with running an illegal securities scheme and misappropriating over $48 million of customer funds.

Smart money appears to be betting on a deceptively bullish setup – Dogecoin price predictions may be about to realise their bullishness. The post Dogecoin Price Prediction: Is a DOGE Price Explosion Coming as Whales Accumulate 138M Coins Overnight appeared first on Cryptonews.

Issued by SoFi Bank, the dollar-backed token is designed for payments and settlement across banks, fintechs and enterprise platforms. SoFi Technologies has launched SoFiUSD, a fully reserved US dollar stablecoin issued by its banking subsidiary, SoFi Bank. According to Thursday’s announcement, SoFiUSD is backed one-to-one by cash held by SoFi Bank, a nationally chartered and insured depository institution, and is redeemable on demand. It is designed to support low-cost settlement for banks, fintechs and enterprise platforms. A SoFi spokesperson told Cointelegraph that SoFiUSD will initially be issued on the Ethereum network, with plans to add support to other blockchains over time. Read more

A crypto whale lost nearly $38M after an attacker drained a multisig wallet following a private key compromise.

A very supportive macro backdrop is being ignored for now, said Bitwise's Andre Dragosch.

Far softer than expected inflation numbers Thursday morning had markets racing early, but some are questioning the data.

Cardano is signaling a fundamental shift from the network's roots in academic research toward a commercially driven “operating system” model. On Dec. 17, the Intersect Product Committee released a report titled “Vision 2030,” outlining a strict set of performance benchmarks intended to redefine how the market values the network. Intersect, the member-based organization tasked with […] The post Cardano’s new roadmap assumes a 500% price explosion to mask an alarming gap in real protocol revenue appeared first on CryptoSlate.