Crypto

Yala’s Bitcoin-collateralized YU stablecoin dropped as low as $0.2046 after an attempted protocol attack, failing to restore its $1 peg. Yala’s Bitcoin-backed stablecoin YU has failed to regain its dollar peg following an “attempted attack” early Sunday that sent the token plummeting to $0.2046. The Yala team confirmed the incident in a post on X, noting that it “briefly impacted YU’s peg.” The team added that they are working with blockchain security firm SlowMist and other security partners to investigate the breach. “Update: All funds are safe. Bitcoin deposited to Yala remains self-custodial or in vaults, with none lost,” the team wrote in their latest post on X. “We’ve identified issues and, as a precaution, paused some product features. Please wait for our green light before re-engaging,” they added. Read more

Ethereum co-founder Vitalik Buterin claims it is a “bad idea” to use artificial intelligence (AI) for governance. In an X post on Saturday, Buterin wrote: “If you use an AI to allocate funding for contributions, people WILL put a jailbreak plus “gimme all the money” in as many places as they can.” Why AI governance […] The post Ethereum founder Vitalik Buterin calls ‘AI governance’ a “bad idea” appeared first on CryptoSlate.

Ethereum trades near $4,640 as bulls eye $5,000. With supply tightening, whale accumulation, and bullish technicals, ETH could be set for its next breakout. The post Ethereum Price Prediction: Are Bulls Getting Ready to Push the ETH Price Higher? appeared first on Cryptonews.

The Yala stablecoin (YU), a Bitcoin-native over-collateralized stablecoin backed by Polychain, lost its dollar peg around 5:14 UTC+8 following a protocol attack that sent YU crashing to $0.2074 before recovering to $0.917, as the team promptly confirmed the incident and temporarily disabled Convert and Bridge functions. The post Polychain-Backed Yala Stablecoin YU Crashes to $0.20 After Protocol Attack appeared first on Cryptonews.

Solana price prediction: SOL gains 21.6% weekly, fueled by record $12B DeFi TVL, whale accumulation, and Galaxy’s $1.16B buy. Can SOL break $250 and rally to $300? The post Solana Price Prediction: The Data Point Investors Are Watching After SOL’s 21.6% Weekly Gain appeared first on Cryptonews.

A recent $16M PEPE purchase by a whale on Kraken has sparked speculation of a bull run, but declining user activity suggest it may be a setup, analysts say.

Veteran Wall Street strategist Jordi Visser expects US financial institutions to increase their exposure to Bitcoin before the end of 2025. The post Wall Street to Boost Bitcoin Allocations by Year-End, Says Veteran Analyst appeared first on Cryptonews.

Capital Group has turned a $1 billion bet on Bitcoin treasury stocks into $6 billion, with major holdings in Strategy and Metaplanet. Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham and Warren Buffett, has become an advocate for Bitcoin (BTC), according to a Sunday report by The Wall Street Journal. “I just love Bitcoin, I just think it is so interesting,” Casey said during a podcast interview with venture firm Andreessen Horowitz. He called Bitcoin “one of the coolest things that has ever been created by people,” per the WSJ report. Read more

Bitcoin steadies near $115,800 as ETFs post $2.3B inflows and whales add 237K BTC. Technical breakout targets $119.5K–$124.5K, with $130K in sight. The post Bitcoin Price Prediction: Could This Onchain Data Forecast a Parabolic Move for BTC? appeared first on Cryptonews.

Coinbase published a comprehensive guide detailing its digital asset listing process, emphasizing that applications remain free and merit-based after facing previous accusations of charging millions in listing fees. CEO Brian Armstrong announced the transparency initiative amid ongoing disputes with projects claiming the exchange demanded substantial payments for token listings.The guide comes as Coinbase struggles with […] The post Coinbase Releases Public Guide to Digital Asset Listing Process Amid Transparency Push appeared first on Cryptonews.

Shiba Inu’s Layer 2 network, Shibarium, came under fire on Friday after a coordinated flash loan attack exploited its bridge, draining nearly $3 million. The post Shiba Inu’s Layer 2 Shibarium Targeted in Flash Loan Attack, Nearly $3M Drained appeared first on Cryptonews.

Bitcoin mining firms are transforming their energy-hungry facilities into AI data centers, chasing stable contracts and higher returns as crypto profitability wanes.

CPI surprises to the upside while cracks widen in U.S. labor market; bitcoin climbs as the dollar weakens and bond yields fall.

Nakamoto CEO David Bailey says the digital asset treasury company “moniker itself is confusing," amid growing interest in balance sheet holdings beyond Bitcoin. Companies adding underperforming altcoins to their balance sheets are muddying the broader treasury narrative, says Bitcoin treasury company Nakamoto CEO, David Bailey. “The treasury company moniker itself is confusing,” Bailey said in an X post on Sunday.  “Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally muddled the narrative,” Bailey said. Read more

Can XRP surge by more than 65% again this year?

Pakistan has invited international crypto firms to apply for licenses under its regulatory authority PVARA, with strict criteria and global compliance standards. Pakistan has opened the door to international crypto businesses, inviting leading exchanges and virtual asset service providers (VASPs) to apply for licenses under a new federal regime. On Saturday, the Pakistan Virtual Asset Regulatory Authority (PVARA) called on major crypto firms to submit Expressions of Interest (EoIs) to enter the country’s digital asset market, according to a report by local news outlet Dawn. “This EoI is our invitation to the world’s leading VASPs to partner in building a transparent and inclusive digital financial future for Pakistan,” said Bilal bin Saqib, PVARA chair and minister of state for crypto and blockchain. Read more

PUMP is by far the top performer from the larger-cap alts today.

Ethereum is also close to breaking within the largest 20 assets.

Wall Street veteran Jordi Visser says Bitcoin allocations in traditional finance portfolios "will go higher" next year. Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told Anthony Pompliano during an interview published to YouTube on Saturday. “I think Bitcoin’s allocation number will go higher across portfolios,” Visser said. “That is going to happen,” he emphasized. Read more

Can XRP revisit the $3.60 level it? Coinbase files a legal motion requesting a hearing to address the SEC Office: Hodler’s Digest Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission (SEC) Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector Generals investigation, which found that the agency deleted nearly one years worth of text messages from Gensler and other senior officials in avoidable errors. The exchange said the SEC should explain why it did not conduct a full search of agency records, including text messages from Gensler and senior SEC officials, when it requested the messages in several Freedom of Information Act filings from 2023 and 2024. Read more