The Bank of England invites feedback on its proposed stablecoin framework, with the aim of finalizing the rules in the second half of 2026. The United Kingdom’s central bank is moving toward stablecoin regulation by publishing a consultation paper proposing a regulatory framework for the asset class. The Bank of England (BoE) on Monday released a proposed regulatory regime for sterling-denominated “systemic stablecoins,” or tokens it said are widely used in payments and therefore potentially pose risks to the UK financial stability. Under the proposal, the central bank would require stablecoin issuers to back at least 40% of their liabilities with unremunerated deposits at the BoE, while allowing up to 60% in short-term UK government debt. Read more
The reopening of the US government could fuel Bitcoin price recovery, as exchange order-book liquidity placed $112,000 on top of the list for bulls. Key takeaways: Bitcoin price rebounded as traders expected the US government shutdown to end this week. Bitcoin market analysis sees a squeeze toward $112,000 after a bullish weekly close. Read more
Bitcoin made major gains on the back of the US government potentially ending its shutdown, while planning to give many Americans a $2,000 tariff “dividend.” Bitcoin (BTC) storms back above $106,000 to start the week as US government reopening excitement takes over. Bitcoin joins risk assets in rebounding amid hopes that the US government will end its record shutdown this week. US inflation data could also return, providing key insight into future Fed policy. Read more
Bitcoin and gold often display a recurring pattern during the Christmas rally. Their movements are shaped by Federal Reserve policy, inflation trends and overall market liquidity. The Christmas rally, also known as the “Santa Claus rally,” refers to a recurring pattern in which crypto markets tend to rise during the final weeks of December and early January. Several factors contribute to this trend, including improved investor sentiment during the festive season and year-end portfolio adjustments as traders and institutions rebalance their holdings. Lower liquidity during the holidays can also amplify price movements, adding to the rally’s momentum. Around Christmas, crypto investors often behave differently than they do throughout the rest of the year. Read more
Crypto markets could get a lift as Politico reports the US Senate has reached a deal on a multi-part budget bill to end the government shutdown. The crypto market could soon see some much-needed relief after the US Senate reached an agreement on a three-part budget deal to end the government shutdown, Politico reports. Pending legislation to fund the US government has more than enough support to pass the 60-vote threshold, Politico reported on Sunday, citing two people familiar with the matter. It was Republican Senate Majority Leader John Thune’s 15th attempt to win Democratic support for a House-approved bill, putting the record 40-day government shutdown within reach of being lifted. Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Trump announces possible $2,000 tariff ‘dividend’ for Americans, Robert Kiyosaki predicts Bitcoin will reach $250,000 and gold $27,000 by 2026. Meanwhile, a crypto analyst mulls over altcoin season approaching. United States President Donald Trump announced on Sunday that most Americans will receive a $2,000 “dividend” from revenues collected from tariffs, which are currently undergoing legal review by the US Supreme Court. Trump maintained that the Executive Branch has the right to impose tariffs on other countries and floated the possible dividend in a Truth Social post: Read more
The cheap network fees are a boon for traders but could signal long-term fundamental issues with Ethereum's revenue generation model. Gas fees on the Ethereum layer-1 blockchain dropped to just 0.067 Gwei on Sunday, amid a lull in the crypto markets sparked by October’s historic market crash. The average price for executing a swap on Ethereum is just $0.11, non-fungible token (NFT) sales carry a fee of $0.19, bridging a digital asset to another blockchain network will cost users $0.04, and onchain borrowing costs $0.09 at the time of this writing, according to Etherscan. Ethereum network transaction fees hit a recent high of 15.9 Gwei on October 10, the day of the market flash crash that caused some altcoins to shed over 90% of their value within 24 hours. Read more
Large, long-term crypto and Bitcoin investors continue to sell into the market, keeping asset prices from hitting a blow-off top. Crypto whales and long-term holders are cashing out, exerting constant selling pressure on markets, and keeping crypto prices suppressed, similar to market dynamics following the 2000s dot-com stock market crash, according to analyst Jordi Visser. Visser said the current price action in the crypto market is reminiscent of the period following the 2000 dot-com stock market bubble, which crashed stocks by up to 80%, followed by 16 years of consolidation before they regained their previous highs. This meant that venture capitalists, who invested in tech during the crash, were forced to hold their investments due to mandated lock-up periods as they treaded water and then desperately sold into the markets as soon as they were able to, Visser said. He added: Read more