Bitcoin traders’ risk sentiment turned bullish, with the proof being in this week’s futures-led advance to $95,000. Will bulls make another attempt after retesting a key underlying support level? The start of 2026 saw Bitcoin and select altcoins rally back toward their weekly range highs, and the current situation across markets highlights improving investor sentiment and trading volumes. Since Jan. 1, Bitcoin continued to show improvement with tightening range consolidation clearly seen in its daily higher lows and higher highs, leading to the weekly high at $94,800. 7-day liquidation heatmap data from Hyblock shows long liquidation clusters between $89,000 to $87,000 and short positions sitting at the weekly range high near $95,000. From a technical trader’s point of view, the start of year rally pulled the price above the 20-day moving average, which is currently converging with the 50-day moving average. After BTC failed to hold $95,000 and liquidate the short positions in that zone, it appears that some...
Cryptocurrency index benchmarks and crypto index investment vehicles will grow in popularity as market complexity increases, analysts say. The Nasdaq Stock Exchange and the Chicago Mercantile Exchange (CME) Group joined forces to unify their crypto indexes, rebranding the Nasdaq Crypto Index (NCI) as the Nasdaq-CME Crypto Index. The NCI benchmark index includes Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL), Chainlink (LINK), Cardano (ADA) and Avalanche (AVAX), spokespersons for Nasdaq confirmed to Cointelegraph. Sean Wasserman, head of index product management at Nasdaq, said in Friday’s announcement: Read more
New rules from Colombia’s tax authority require crypto service providers to collect and share user and transaction data. Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset sector. The rules were set out in Resolution 000240, issued on Dec. 24, which adds a crypto reporting regime aligned with OECD-developed international standards, including the Crypto-Asset Reporting Framework (CARF). According to the new rules, crypto exchanges, custodians and other service providers must report identifying information and transaction data for “reportable” users, enabling the automatic exchange of that information with foreign tax authorities. Read more
Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry. A number of Democratic lawmakers in the US Senate are reportedly pushing for conflict-of-interest guardrails in a crypto market structure bill under consideration. According to a Thursday report from Punchbowl News, Senate Democrats including Adam Schiff and Ruben Gallego demanded safeguards in the Republican-led Responsible Financial Innovation Act (RFIA) which would affect how US regulatory agencies and the government handles digital assets. The lawmakers reportedly pushed for provisions prohibiting public officials, including US President Donald Trump, from profiting from any connections to crypto companies. “It is a red line,” Gallego told Punchbowl on the ethics guardrails. “They need to get it right, or they’re not going to have enough votes to pass this.” Read more
Big banks aren’t debating crypto anymore — they’re building it. From tokenized cash to ETFs, Wall Street is quietly going onchain. For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking. Morgan Stanley, meanwhile, is positioning itself to offer exposure to Bitcoin (BTC) and Solana (SOL) through exchange-traded funds (ETFs), potentially bringing crypto investments to millions of wealth management clients. Read more
The crypto market structure bill is unlikely to come up for a second vote in 2026 if it fails to pass in a vote next week, analyst Alex Thorn said. The passage of the Digital Asset Market Clarity Act of 2025, also known as the CLARITY market structure bill, hinges on bipartisan support in the United States Senate Banking Committee, according to Alex Thorn, head of research at crypto investment firm Galaxy. Typically, the Senate needs at least 60 votes to advance legislation, and Republicans need seven to 10 Democrats to vote yes on the CLARITY Act, Thorn said on Friday. If Republicans can secure four votes from Democrats on the Senate Banking Committee, it is “likely” that all 17 Democratic senators who voted for the GENIUS Act, a stablecoin regulatory framework, will vote with Republicans to advance the market structure bill. Thorn added: The US Congress passing a crypto market structure framework would foster crypto adoption, especially among institutional investors, who may be hesitant to adopt digital as...