Author: Kryptonews

Ethereum price has failed another attempt to move past $3,300, with price action stalling amid cooling U.S. demand. Summary Ethereum failed to reclaim the $3,300 resistance despite modest weekly gains. On-chain data points to fading U.S. institutional demand as the Coinbase Premium Gap drops to a 10-month low. Derivatives positioning and ETF outflows suggest traders are still cautious, keeping downside risks in play. ETH was changing hands near $3,115 at press time, down 0.7% over the past 24 hours. Over the last week, the token has traded between $3,008 and $3,293, ending the period up about 3%. Ethereum (ETH) is…

2025 was quite a year for the Smithsonian Institution, which found itself in the crosshairs of the second Trump administration early and often. Last year began with Trump calling for a purge of “anti-American ideology” from the institution’s 19 museums. 2026 appears to have brought more of the same. On Thursday, the New York Times reported that the Trump Administration has redoubled its efforts to bring the Smithsonian to heel and has put forward a deadline of next Tuesday for it to comply with a comprehensive review of its content and plans. That is with an eye toward bringing it inline…

Key NotesThe Venezuela-focused fintech detected compromised wallet authentication and activated emergency protocols.Co-founder pledged to cover all damages while users reported drained accounts without transaction records.This follows a January 5 attack that stole 340,000 USDC from over 1,000 users. The startup Kontigo, backed by Y Combinator and which raised $22 million in 2025, was attacked again and has paused access to its platform, according to a statement posted on its X account. This would be its second cyberattack affecting its services so far in 2026. According to a statement from Kontigo’s X account, the company claims to have detected a new…

Stablecoin payment flows could tap $56.6 trillion by 2030, according to Bloomberg Intelligence, a rise that would make stablecoins one of the most important payment tools in global finance.Stablecoin payment flows was $2.9 trillion in 2025, according to Bloomberg. Hitting $55.6 trillion would require a staggering 81% compounded annual growth rate (CAGR) over the next five years.This could be driven by increasing institutional adoption and rising reliance on stablecoins in countries where people are seeking protection from inflation and economic instability. Stablecoin payment flows between 2024 and 2025 and project flows through to 2030. Source: Bloomberg IntelligenceUSDT is dominating CeFi,…

Bitcoin could reach $2.9 million by 2050 once it becomes a settlement currency for international and domestic trade and makes its way into more central bank reserves, analysts at asset manager VanEck predict.The $2.9 million price target assumes a 15% Compounded Annual Growth Rate (CAGR) and Bitcoin (BTC) settling 5-10% of global international trade and 5% of domestic trade by 2050, according to VanEck’s head of digital assets research, Matthew Sigel and senior investment analyst, Patrick Bush.Global liquidity expansion and monetary debasement would be the primary drivers of Bitcoin’s price rise, they said in a note on Thursday: “Bitcoin is…

More than 56% of the Bitcoin network is now powered through sustainable means and is set to rise further as Bitcoin mining brings more green energy projects online, according to tech investor and ESG expert Daniel Batten.“Bitcoin mining could be the century’s most important sustainable innovation,” said Batten in a lengthy X post on Thursday.He pointed out that a lot has changed since 2021 when Bitcoin mining was powered by just 34% sustainable energy. The latest data from Batten, Willy Woo, and the Digital Assets Research Institute (DARI) shows that just a little over four years later, 56.7% of Bitcoin…

Researchers from South Africa and Sweden have found traces of poison on 60,000-year-old arrowheads in South Africa. Their discovery, reported by Stockholm University in the journal Science Advances, is the earliest direct evidence of the use of poisoned hunting weapons in the world so far. The oldest poisoned arrowheads known prior to the present study date to approximately 6,700 years ago. The quartz arrowheads were collected from sediment at Umhlatuzana Rock Shelter in KwaZulu-Natal, South Africa dated to the Pleistocene age. By analyzing the chemical structure of residue on the arrowheads, researchers identified a poison made from gifbol (Boophone disticha),…

Developers of privacy-focused Zcash have announced they’re already working on a new wallet for the cryptocurrency, less than a day after their high-profile exit from Electric Coin Company.“The team from the Electric Coin Company that launched Zcash, and created the Zashi wallet, is now launching a new wallet for Zcash, using the same Zashi codebase we built,” said former ECC CEO Josh Swihart late on Thursday.The code name for the wallet is cashZ and will be launched in a “few weeks,” he added. Users of the existing Zcash (ZEC) wallet, Zashi, will be able to migrate to the new one…

Positive sentiment shows signs of returning to the market in the first week of January, pushing altcoins toward a recovery. However, doubts remain over whether this rebound can last.Several altcoins could trigger large liquidations as their derivatives data approach danger zones that caused liquidations in the past. Which altcoins stand out?Sponsored Sponsored1. Ethereum (ETH)Many bullish factors support long positions in Ethereum (ETH) this week. The number of new ETH holders has surged recently. The Ethereum staking entry queue has surpassed the exit queue. On-chain Ethereum transactions have reached their highest level in a decade.As a result, traders have increased capital…

The Optimism Foundation has floated a major shakeup to the dynamics of the layer 2’s OP token, proposing to allocate 50% of its Superchain revenue to regular buybacks of the asset. Optimism Grants council member Michael Vander Meiden shared the proposal via X on Thursday, highlighting that “after many years of being a ‘useless gov token’ the value of the OP token will finally be tied to network activity.”The proposal was initially submitted in the Optimism governance forum on Wednesday. It outlines a plan to direct 50% of incoming Superchain revenue to monthly Optimism (OP) buybacks that will flow back into…