Author: Kryptonews

Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts.“Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that Bitcoiners who think otherwise “don’t understand any of these assets.”Echoing a similar sentiment, macroeconomist Lyn Alden said in a podcast published to YouTube on Saturday, that while “a lot of people phrase it as competition,” she is “not in that camp.” The Bitcoin-to-gold ratio is 19.29 at the time of publication. Source: LongTermTrendsAlden said the Bitcoin-to-gold ratio has performed so…

Reports of a large-scale security incident involving Trust Wallet have unsettled crypto users after more than $6 million in assets were drained from hundreds of wallets. While investigators continue to trace the source of the breach, the lack of clear technical explanations has reignited concerns over the risks of self-custody tools at a time when wallet security remains a critical weak point for the industry.Mystery Drain on Popular WalletsReports of inexplicable fund losses have been spreading on social media and blockchain forums in recent days. Affected customers reported that their wallets were drained within minutes, typically immediately after basic interactions…

Key Takeaways Robinhood distributed $750,000 in Bitcoin to its users taking part in the holiday event. The giveaway marks day two of the promotional campaign from the commission-free trading platform. Share this article Robinhood handed out $750,000 worth of Bitcoin to users on the second day of its holiday countdown event. The campaign launched on Friday with Dogecoin prizes and high-quality item giveaways. Robinhood $HOOD just announced their prizes for HOOD Holidays Day 2: – 5 people will win a trip to Hawaii for 2– 1000 people will win Away suitcases – Everyone else will split $750K of Bitcoin pic.twitter.com/eMqvGcvgMg…

Key Takeaways:The proposal of UNIfication has been passed by more than 125 million UNI votes by Uniswap governance, which was well above the expected quorum.This choice opens a one-time burn of 100 million UNI of the treasury and protocol-level trading fees following a brief timelock.The shift restructures the tokenomics of Uniswap, which previously relocated the value capture to the frontend fees, and it also alarms the liquidity providers.Uniswap has passed one of the key governance resolutions in its history. The UNIfication proposal is a game changer in terms of the manner the protocol frames value and aligns incentives throughout its…

VanEck analysts are expressing cautious optimism regarding Bitcoin’s recent performance, suggesting that the cryptocurrency may be nearing a long-term bottom. In a report published by the investment management firm, ongoing miner capitulation is cited as a potential bullish reversal signal. According to VanEck, a substantial number of Bitcoin miners are facing challenges linked to profitability, forcing them to sell off reserves or suspend operations entirely—a cycle that has historically preceded upward market moves.Miner capitulation, a phenomenon where mining operations become so unprofitable that participants are forced to shut down or liquidate assets, has often been observed near the conclusion of…

Peter Schiff, a famous financial commentator, stockbroker, and gold advocate known for being a staunch critic and vocal opponent of Bitcoin and cryptocurrencies, recently sparked tension in the crypto industry after issuing a warning regarding BTC immediately after reports highlighted that silver’s price encountered a substantial rise. Following his warning, Schiff expressed his belief that the cryptocurrency would face the reverse effect of silver’s surge. According to him, any adjustments could occur swiftly, as market downturns often accelerate under stress. This statement came after the prices of silver increased significantly in one day, boosting the metal to a record level…

Solana is trading around $122.80, slightly lower on the day, and at first glance the price action looks dull. Volatility has cooled, volume is lighter, and the chart has slipped into a familiar waiting game. But under the surface, both the technical structure and the broader narrative suggest this is more about compression than capitulation.Despite a 0.9% daily dip, Solana remains firmly positioned as a top-10 crypto asset, with a market cap near $69bn and more than $2.4bn in daily turnover. That’s not the profile of a market in retreat. It’s the profile of one catching its breath. What changed…

Bitcoin may post steady returns over the next ten years, but exceptionally large year-on-year gains are unlikely, according to Bitwise chief investment officer Matt Hougan.“I think we’re in a 10-year grind upward of strong returns. It’s not spectacular returns, [but] strong returns, lower volatility, some up and down,” Hougan said on CNBC on Friday.Hougan is sticking with his forecast that 2026 will be a positive year for Bitcoin (BTC), an outlook he first shared in July ahead of Bitcoin’s run to a new all-time high of $125,100 in October. “I think next year will be up,” Hougan said.“Slow-moving institutional buying”…

Worldwide Google search volume for the term “crypto” is hovering above the 1-year low and has reached a 1-year low in the United States as 2025 comes to a close, indicating weak crypto investor sentiment. The Google search volume scale ranges from 0-100, with 100 indicating the highest levels of search volume. Worldwide search volume for “crypto” hit 26 on Monday, just two points above the 1-year low of 24.Worldwide search volume collapsed during the crypto market crash in April, due to US President Donald Trump’s sweeping tariff policy. US Google search volumes for “crypto” followed the same pattern but…

Key Highlights Silicon Valley’s Erebor Bank has raised $350 million at a $4.35 billion valuation, to launch as a new national bank focused on crypto This funding round was backed by investors like Lux Capital and Founders Fund The bank received conditional FDIC deposit insurance and a preliminary national charter from the OCC According to the latest report, Erebor Bank is raising approximately $350 million in a new funding round.  According to Bloomberg, Peter Thiel-backed banking startup Erebor Bank is raising about $350 million in a funding round that would value the firm at roughly $4.35 billion. People familiar with…