Author: Kryptonews

In brief While crypto traders may have hoped for it, predictors on Myriad are don’t believe a Santa rally is coming for crypto majors. Predictors also think it’s unlikely that President Trump will pardon developer Keonne Rodriguez by February. On the other hand, predictors favor Steve Harrington to make it through the “Stranger Things” finale alive. Crypto traders haven’t had much to cheer about during the holiday season. But headed into the final stretch of 2025, predictors on Myriad can express their discontent (or uncommon bullishness) by predicting whether or not Santa will bring a rally which would send Bitcoin back…

Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets.Key takeaways:The lower-than-expected CPI print generated a positive response from Bitcoin as new positions opened versus the usual short covering.Onchain data shows “balance-sheet” repair and loss absorption for BTC, not capitulation.CPI print lifts BTC price as positioning rebuilds near $90,000According to crypto trader Back, Bitcoin’s post-CPI bounce has been accompanied by rising…

A popular crypto analyst believes a privacy-focused altcoin is heading to new all-time highs even as the broader market loses steam. Analyst and trader Kevin Svenson tells his 163,500 followers on X that Monero (XMR) is set up for a price explosion that may result in a more than 80% increase in its current value during the second half of 2026. “XMR has been quietly building a two-year parabolic trend – now approaching all-time highs. The narrative: privacy. The play: Monero. If you’re bored with the crypto market, you’re simply not positioned correctly. The best opportunities hide in plain sight.”…

The U.S. senators negotiating the crypto market structure bill have rarely been so openly eager to find a bipartisan solution for that legislation. Even as political noise and clashes with President Donald Trump rage around them, lawmakers and staffers have met for an earnest series of talks seeking to hash out the industry’s regulatory destiny in the U.S.Despite this increasingly rare bipartisan exercise and the confidence expressed by some of the leading players, the unresolved details of the legislation are significant, and some of the coming headwinds are out of their hands.After the House of Representatives cleared — for the…

Cardano is signaling a fundamental shift from the network’s roots in academic research toward a commercially driven “operating system” model.On Dec. 17, the Intersect Product Committee released a report titled “Vision 2030,” outlining a strict set of performance benchmarks intended to redefine how the market values the network.Intersect, the member-based organization tasked with maintaining the network’s continuity, aims to secure Cardano’s position not just as a cryptocurrency but as critical digital infrastructure. The strategy explicitly moves away from vague adoption promises.Instead, it commits the ecosystem to achieving Key Performance Indicators (KPIs), including 324 million annual transactions, 1 million monthly active…

The SEC’s approval of generic listing standards for crypto ETPs on Sept. 17 cut the launch timeline to 75 days and opened the door to plain-vanilla products.Bitwise predicts more than 100 crypto-linked ETFs will launch in 2026. James Seyffart, senior ETF analyst at Bloomberg, backed the call but added a caveat:“We’re going to see a lot of liquidations.”That pairing of explosive growth and swift culling defines the next phase, as generic standards solve a timing problem rather than a liquidity problem. For Bitcoin, Ethereum, and Solana, the flood reinforces dominance. For everything else, it is a stress test.The new rules…

Representatives of the Bitcoin Policy Institute (BPI), a nonprofit Bitcoin advocacy organization, warned that US lawmakers have not included a de minimis tax exemption for Bitcoin transactions below a certain threshold.“De Minimis tax legislation may be limited to only stablecoins, leaving everyday Bitcoin transactions without an exemption,” Conner Brown, BPI’s head of strategy, said on X, adding that the decision to exclude Bitcoin (BTC) is a “severe mistake.”In July, Wyoming Senator Cynthia Lummis introduced a bill proposing a de minimis tax exemption for crypto transactions of $300 or less, with a $5,000 annual limit on tax-free transactions and sales. The…

DOT$1.7693 slipped 2% to $1.77 over the last 24 hours.Volume surged 35% above its 30-day average, according to CoinDesk Research’s technical analysis model.The session’s most dramatic action hit during a sharp intraday decline that tested critical support levels. The model showed that DOT dropped from $1.85 to $1.76 on exceptional volume of 8.81 million. This marked 236% above the 24-hour simple moving average, according to the model.The token then executed a swift V-shaped recovery back to $1.80. This price action confirmed strong institutional support at the $1.76 psychological level, the model said. DOT underperformed wider crypto markets. The broader market…

Recent claims of a major Bitcoin mining crackdown in China’s Xinjiang region rippled through the digital asset industry this week, but data by TheMinerMag suggests the actual impact was far smaller than early narratives implied.According to the latest Miner Weekly report, the Bitcoin network initially experienced a short-term hashrate decline, which was linked to developments in Xinjiang. However, the drop also coincided with power curtailments in the United States.Most major mining pools recovered to near pre-dip levels within days, resulting in a net decline of roughly 20 exahashes per second, which is significantly lower than the approximately 100 EH/s loss…

A US court is once again being asked to weigh in on maximal extractable value practices after a judge allowed new evidence to be added to a class-action lawsuit tied to a memecoin platform.The judge granted a motion to amend and refile to include new evidence a class-action lawsuit against memecoin launch platform Pump.fun, the maximal extractable value (MEV) infrastructure company Jito Labs, the Solana Foundation, which is the nonprofit organization behind the Solana ecosystem, and others.The motion said over 5,000 pieces of evidence in the form of internal chat logs were submitted by a “confidential informant” in September that…