Bitcoin has yet to find a bottom, but the data suggests buyers were very interested in the abrupt dip to $80,000. Several altcoins are also approaching deep discount levels. Key points: Bitcoin has been facing intense selling pressure, opening the doors for a fall to the crucial support at $73,777. Several major altcoins have slipped below their support levels, indicating that bears remain in firm control. Read more
Khurram Dara had been hinting for months that he might try to unseat state Attorney General Letitia James, claiming that she had engaged in “lawfare” against the crypto industry. Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General. In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026. The former Coinbase lawyer had been hinting since August at potential plans to run for office, claiming that James had engaged in “lawfare” against the crypto industry in New York. Read more
The crypto treasury company plans to stake its ETH holdings to generate revenue, but is already down well over $1,000 on each ETH it holds. BitMine, a crypto treasury company that accumulates Ether (ETH) and Bitcoin (BTC), said on Friday it plans to launch the “Made in America Validator Network” (MAVAN) to stake its ETH holdings. The company is piloting MAVAN with three staking infrastructure providers, ahead of the launch slated for the first quarter of 2026, according to an announcement from BitMine. Staking tokens to validate proof-of-stake (PoS) blockchains secures networks and generates revenue in the form of staking rewards paid out in the native token of the blockchain network, in this case, ETH. Read more
The rollout lets users convert crypto to local currency and pay merchants via QR codes, tapping Latin America’s biggest crypto market. KuCoin Pay has integrated with Pix, Brazil’s central bank-run instant payments network, allowing users to convert and spend cryptocurrencies at any merchant that accepts Pix QR codes. The launch taps into one of the world’s largest crypto user bases, with roughly 26 million Brazilians, about 12% of the population, now using digital assets, according to a Friday announcement from the exchange. The integration supports instant crypto-to-Brazilian currency conversions (Brazil’s currency is the real), enabling users to transfer funds from KuCoin accounts to any Brazilian bank or pay merchants directly through Pix. It also features multi-functional wallet tools for managing both cryptocurrencies and fiat currencies within the KuCoin app. Read more
Bitcoin's price dips below $90,000, yet Republic and Kraken ink nine-figure deals. If this is a bear market, someone forgot to tell big money. As Bitcoin (BTC) plunged below $90,000 this week, igniting fresh fears that the bull market may be over, hundreds of millions of dollars continued to flow into crypto companies, signaling that institutional appetite for the sector remains strong. Republic Technologies became the latest company to add Ether (ETH) to its treasury, securing $100 million in financing under unusually favorable terms for the industry. The deal was structured as a zero-interest convertible note, meaning Republic neither pays interest nor risks defaulting for missed payments — a rare setup in the crypto financing landscape. “Republic’s raise, while unique, probably won’t spark off a new normal for how funds are raised in the crypto industry, though it is a sign of a maturing market that new forms of money raising are being seen, and that is the trend that is likely to continue,” Komodo chief t...