Crypto

Ethereum could see another rise in transaction speed in January, with developers considering raising the gas limit to 80 million after the next blob parameter-only hard fork. Transaction throughput on the Ethereum network is set to be boosted again next month, with developers aiming to increase Ethereum’s gas limit from 60 million to 80 million in January. Christine Kim, vice president of the research team at Galaxy Digital, shared a summary of the All Core Developers meeting on Monday, in which Nethermind representatives said developers should be ready to move forward with a gas limit increase after the next BPO hard fork on Jan. 7. Ethereum Foundation developer operations engineer Barnabas Busa, however, noted that two client-level optimizations are needed before another increase in the block gas limit — namely, partial blob responses on the execution layer and the max blobs flag on the consensus layer. Read more

Kalshi’s head of crypto, John Wang, has explicitly framed prediction markets as “the memecoins of 2023,” capturing the idea that they now attract the same speculative attention and community energy that meme tokens did. The post Prediction Markets vs Meme Coins: Is This Where Crypto’s Next Alpha Lives? appeared first on Cryptonews.

Bitcoin faces declining participation as active wallets reach 2023 lows and the Fear & Greed Index plunges to 11, while analysts identify the $81,500 True Market Mean Price as the critical support level that must hold to preserve the bull trend, with a reclaim of $100,000 needed to invalidate bearish momentum. The post Bitcoin Price Prediction: Active Wallets Drop to 2023 Lows as Liquidity Thins — Can BTC Reclaim $100K and Invalidate the Bears? appeared first on Cryptonews.

Coinbase signaled its platform is expanding beyond digital assets, with U.S. customers gaining access to traditional stock trading.

The leader of the derivatives regulator is planning to join the crypto industry as the CFTC and other federal regulators work on policies to benefit the sector.

Coinbase is racing toward its goal of creating an “everything app” with its platform adding a slew of new offerings, including stock trading and prediction markets. Coinbase is launching stock trading and prediction markets as the crypto exchange looks beyond digital assets to chase its ambition of creating an “everything app.” Coinbase head of consumer and business products, Max Branzburg, announced at the company’s year-end conference that “stock trading is now available on Coinbase.” “This is a major milestone in our plan to enable 24/7 trading of stocks and ETFs from anywhere in the world, powered by crypto,” he said. Read more

With the possibility of a 2026 bull run once US regulators pull their fingers out and deliver legislation, the pre-Christmas period might just be the best time to buy crypto. Bitcoin has been moving below $90,000 since Sunday. Over the past 24 hours, BTC slipped about 0.6% and is currently changing hands near $86,860.One important […] The post Best Crypto To Buy Now 17 December – XRP, Sky, MemeCore appeared first on Cryptonews.

Coinbase is dramatically expanding the assets available to trade on its platform, including novel cryptocurrencies, perpetual futures, stocks and prediction markets, starting with Kalshi.

Perplexity’s AI-powered ChatGPT rival, Perplexity AI, has released a fresh set of highly volatile projections for Pi Network, Bitcoin, and Solana as the month draws to a close. The model suggests that all three cryptocurrencies face the potential for sharp price moves in either direction over the coming weeks.Below is a breakdown of Perplexity’s two-sided […] The post Perplexity AI Predicts the Price of Pi, Bitcoin, and Solana By the End of 2025 appeared first on Cryptonews.

During the 2023 trial, Ellison delivered damning testimony, describing lies, reckless borrowing and the secret misuse of FTX customer funds.

The regulatory approval followed an October notice from Coinbase saying that the exchange would be investing an undisclosed amount into the Indian exchange. The Competition Commission of India, the regulatory body responsible for promoting fair competition in the country, has approved Coinbase acquiring a minority stake in cryptocurrency platform CoinDCX. In a Tuesday notice, the regulator said it had approved Coinbase Global’s minority stake acquisition in DCX Global Limited, the company behind CoinDCX. Coinbase chief legal officer Paul Grewal confirmed the news in a Wednesday X post, saying it deepened the exchange’s “long-term partnership with one of India’s most established and trusted digital asset platforms.” Neither the regulatory announcement nor Grewal’s post included information about the percentage of Coinbase’s stake in the crypto exchange. Cointelegraph reached out to a Coinbase spokesperson for comment, but had not received a response at the time of publication.  Read more

Jito Labs' CEO said the foundation was forced offshore due to hostile regulators under the previous SEC leadership. The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for digital assets in the country. Jito is a maximal extractable value (MEV) infrastructure builder for the Solana network. MEV refers to the profit that traders or validators can make by controlling the order, inclusion or exclusion of transactions in a blockchain block. By rearranging transactions before they are confirmed, MEV participants can capitalize on opportunities such as arbitrage or front-running to earn extra fees on transaction rewards. The Jito Foundation was forced to operate overseas due to the debanking of the crypto industry during the so-called Operation Chokepoint 2.0, according to Lucas Bruder, co-founder and CEO of Jito Labs. Bruder, pseudonymously known as “buffalu,” said: Read more

The wealth advisory firm enlisted the help of crypto-based algorithmic trading firm Arch Public to create the strategy.

Potential 2028 presidential candidate Gavin Newsom again goaded the president with a website highlighting ties to those with criminal records, including some in crypto.

The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market. Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more constructive over the longer term. Key takeaways: Analysts say Bitcoin’s downside risk is centered about $65,000 to $75,000. Read more

Bitcoin's brief rally to $90K quickly turned sour, dropping to $85K as traders lose faith in a Santa rally.

Bitcoin trades near $89,000 today after its 14-day relative strength index fell below 30 in mid-November, a threshold traders track for capitulation. A chart circulated by Global Macro Investor’s Julien Bittel, sourced to LSEG Datastream, overlays Bitcoin’s recent path with the average trajectory that followed the last five RSI breaks below 30 and traces a […] The post Bitcoin just flashed a rare capitulation signal that historically triggers a violent rally appeared first on CryptoSlate.

The sole remaining CFTC commissioner, Caroline Pham, said earlier this year that she would leave the agency after the US Senate confirms a replacement. Caroline Pham, the acting chair of the US Commodity Futures Trading Commission, will leave the financial regulator to join MoonPay, following the Senate confirmation of her successor. In a Wednesday X post, MoonPay confirmed reports that Pham would join its team as a chief legal and administrative officer. She became acting chair in January amid the changeover in presidential administrations and has been the sole Republican commissioner at the CFTC for months, following the end of other leaders’ terms and resignations.  Pham said in May that she planned to leave the CFTC following the Senate confirmation of Brian Quintenz, US President Donald Trump’s first pick to replace her as chair. However, after a pushback from Gemini co-founders Cameron and Tyler Winklevoss, the White House withdrew Quintenz’s nomination and later named Securities and Exchange Commission...

With about two months remaining until her expected release date, former Alameda Research CEO Caroline Ellison has been transferred out of federal prison. Caroline Ellison, the former CEO of Alameda Research who pleaded guilty to charges related to her role in the collapse of cryptocurrency exchange FTX, has been transferred out of the Federal Correctional Institution (FCI) in Danbury, Connecticut, where she spent the past few months serving her two-year sentence.  According to Federal Bureau of Prisons records as of Wednesday, Ellison was located at a Residential Reentry Management field office in New York City, marking the first change in housing since she reported to FCI Danbury in November 2024. The former Alameda CEO received a two-year sentence for her role in FTX’s downfall — one of the lighter sentences compared to that of the exchange’s CEO, Sam “SBF” Bankman-Fried, who was sentenced to 25 years.  Read more

India is exploring asset tokenization as a way to open high-value investments such as real estate, infrastructure, and carbon credits to middle-class citizens, while keeping ownership and regulation within the country. The post India Pushes Tokenization Bill to Open Billion-Dollar Real Estate to Middle Class — Will It Pass? appeared first on Cryptonews.