Author: Kryptonews

Filecoin FIL$1.2760 fell 4.2% to $1.28 on Tuesday amid significant volatility as traders drove sharp reversals during a broader market decline, according to CoinDesk Research’s technical analysis model.The model showed that the decentralized storage token established a bearish price trend with $0.08 range representing 6.3% volatility.Volume was 12.75% above the seven-day average, according to the model. The peak of 11.7 million tokens was 85% above the 24-hour average of 2.81 million. The spike confirmed the token’s breakdown below the psychological $1.30 support price, the model said.Wider crypto markets also fell. The CoinDesk 20 index was 3.7% lower at publication time.Technical…

XRP drops below key support at $1.93 as volume spikes. Analysts warn of a move toward $1, with whale selling and bearish signals increasing. XRP has come under pressure after slipping below key support levels. The recent drop adds to ongoing concerns about a deeper correction toward the $1 area. Analysts are watching current price action as volume rises and technical indicators weaken. Breakdown Signals and Volume Spike XRP is trading around $1.88 after falling through the $1.93 support zone, which now acts as resistance. The move comes with a nearly 6% drop over 24 hours and a weekly…

Fundstrat’s Tom Lee believes basic market dynamics favor crypto bullishness despite recent price woes. In a new interview with CNBC, Lee predicts that crypto’s “best years are still definitely ahead.” “Today, there are only four million Bitcoin wallets with $10,000 in them. There are 900 million IRA and brokerage accounts globally that have $10,000, so that’s 200 times larger a market.”  Lee thinks crypto’s 2025 story is still positive despite some hiccups and “uncertain” price levels. “I think that there have been some concerns about quantum, and then there was that huge deleveraging event on October 10th, but the crypto…

For our team, this is not only the loss of a respected builder in the Web3 space, but the loss of a close and trusted partner with whom we worked side by side on strengthening validator infrastructure and staking systems within the Solana ecosystem as part of the CTDG initiative.The Web3 community lost a builder whose contribution deserves to be named with clarity and gratitude.For us, his absence is felt both professionally and personally – in the work we shared, the decisions we shaped together, and the long-term systems we helped build.Alexander Ray was not only an engineer, a founder,…

The United Kingdom’s Financial Conduct Authority (FCA) launched a series of consultations on proposed rules for digital asset markets, marking the next phase in the government’s effort to establish a comprehensive regulatory framework for crypto assets.The proposals, published across three consultation papers, cover crypto trading platforms, intermediaries, staking, lending and borrowing, market abuse, disclosures and decentralized finance (DeFi). The FCA said consultation responses will be open until Feb. 12, 2026.The regulator said the proposals aim to support innovation while ensuring that consumers understand the risks associated with crypto investment. It added that regulations should not eliminate risks entirely, but should…

Key Takeaways Trump expressed willingness to consider a pardon for Samourai Wallet developer Keonne Rodriguez. The case highlights tensions between privacy-focused crypto development and government prosecution. Share this article President Trump said on Monday that he would review the case of Keonne Rodriguez, co-founder of the Samourai Bitcoin wallet, who was sentenced to five years in prison last month for conspiracy to operate an unlicensed money transmitting business.Trump was asked by Decrypt during an afternoon event in the Oval Office about the possibility of granting clemency to Rodriguez. He said he was aware of the matter and would look into…

Singapore-based StraitsX plans to bring its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026. The rollout, announced in collaboration with the Solana Foundation, will allow users to settle transactions in Singapore dollar- and US dollar-backed stablecoins using Solana’s high-speed, low-cost infrastructure, the issuer said in a Tuesday blog post.“Launching XSGD and XUSD together on Solana will be game-changing. It unites CEX support, AMM liquidity, lending pools, and everyday payments on a single high-performance chain,” said Tianwei Liu, co-founder and CEO of StraitsX. StraitsX said the expansion is aimed at supporting growing demand from digital…

Key Takeaways:Bitwise has filed a key amendment for its Bitwise Hyperliquid ETF (ticker: BHYP), signaling the product is moving into launch-ready territory.The ETF will hold Hyperliquid (HYPE) directly, track a CF Benchmarks reference rate, and charge a 0.67% annual management fee.Uniquely, the fund plans to stake most of its HYPE holdings to earn additional tokens, adding on-chain yield to a spot altcoin ETF structure.Bitwise is pushing deeper into the altcoin ETF race with a detailed filing for the Bitwise Hyperliquid ETF, a spot product designed to hold HYPE directly while also staking it for extra rewards. The latest amendment fleshes…

The Louvre Museum in Paris was forced to close on Monday after hundreds of employees went on strike to protest “increasingly deteriorated working conditions.” Around 400 of the museum’s 2,100 staffers participated in the strike, blocking the museum’s iconic pyramid entrance, according to the New York Times. The three major unions representing Louvre workers—the CGT, CFDT, and Sud—announced the strike last week in a notice to France’s Ministry of Culture. The notice, shared with press, reads, “The theft of 19 October 2025 highlighted shortcomings in priorities that had long been reported.” The notice further said that museum workers “feel that…

Ethereum price lost the key $3,000 psychological support as U.S. Ethereum ETFs recorded their third straight day of net outflows, as the broader market sentiment adopted a risk-averse sentiment. Summary Ethereum price fell below $3k on Tuesday for the third time this month. U.S. Ether ETFs hit a three-day outflow streak, losing nearly $140 million. ETH price is close to confirming a bearish flag on the daily chart. According to data from SoSoValue, the nine spot Ethereum ETFs recorded $224.7 million in net outflows on Monday, Dec. 15, marking the largest single-day outflows since Nov. 21. BlackRock’s IBIT led the…