Author: Kryptonews

The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration.In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a…

The crypto asset of a decentralized exchange on the Solana (SOL) network is seeing significant price gains after receiving trading support from Coinbase. Raydium (RAY) is currently trading for $1.25, up by 6.8% over the past 24 hours, following Coinbase’s announcement that the altcoin can now be traded on its platform. Says Coinbase on the social media platform X,  “Spot trading for Raydium (RAY) will go live on 14 January 2026. The opening of our RAY-USD trading pair will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported.” The US-based crypto exchange…

A French court ordered the high-profile Galerie Kraemer in Paris to return €2.8 million (around $3.25 million) to collector Sheikh Hamad bin Abdullah Al Thani over questions about a Chinese vase. The decision follows eight years of legal wrangling over the date attributed to the piece. As reported by the Art Newspaper, the Paris court of appeal sided with the collector, a cousin of the Emir of Qatar, “because of ‘serious doubts’ about the 18th-century dating of the gilded bronze mounts of the porcelain vase.” Related Articles The vase sold for €815 ($945) in Brazil 20 years ago, according to investigators…

Revenue in the crypto industry is increasingly flowing to user-facing applications rather than the underlying blockchain networks, according to recent data, signaling a potential shift in where investors and developers focus their attention.Decentralized finance (DeFi) applications now capture five times the fees generated by blockchains, according to data shared by Jamies Coutts, chief crypto analyst at crypto intelligence platform Real Vision.The trend suggests that more of the industry’s fees will be captured by DeFi applications like wallets, decentralized exchanges (DEXs) and other protocols, while the underlying networks will attract a smaller share of revenue.“While I am a believer that blockchain’s…

Key points:Bitcoin is attempting to find support near the $94,500 level, signaling a positive sentiment.Buyers will have to defend the support levels in select major altcoins, or else the recovery may fizzle out.Bitcoin’s (BTC) shallow pullback is attempting to find support near the $94,500 level, indicating a lack of aggressive selling by the bulls. A positive sign is that BTC’s rally above $97,500 was supported by solid buying by institutional investors since Monday. According to Farside Investors data, spot BTC exchange-traded funds recorded $1.81 billion in net inflows this week. BitMEX co-founder Arthur Hayes said in a post on Wednesday that…

The Ethereum ecosystem’s core values of decentralization, privacy and self-sovereignty have been sacrificed in pursuit of mainstream adoption and that trend must stop now, Ethereum co-founder Vitalik Buterin said.“2026 is the year that we take back lost ground in terms of self-sovereignty and trustlessness,” Buterin posted to X on Friday:“In 2026, no longer. Every compromise of values that Ethereum has made up to this point – every moment where you might have been thinking, is it really worth diluting ourselves so much in the name of mainstream adoption – we are making that compromise no longer.”To reverse that trend, Buterin…

In a recent interview, Aaron Arnold of Altcoin Daily broke down his crypto market outlook for 2026, drawing parallels with past market cycles and outlining bull, base and bear scenarios.Bitcoin’s price outlook for 2026 is coming into focus as investors weigh tightening supply against macroeconomic and market risks that could shape the next phase of the cycle. In a recent interview with Cointelegraph, crypto market commentator Aaron Arnold outlined bull, base and bear cases for Bitcoin in 2026, identifying the conditions that could drive prices higher or cap further gains.One major takeaway is that Bitcoin (BTC) may no longer need…

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February across the lender’s non-agency products, covering home purchases, refinancings and investment properties. While borrowers can already use assets such as stocks and bonds in underwriting, crypto holders have typically been required to sell their positions.At launch, Newrez said it will recognize Bitcoin (BTC), Ether (ETH), spot exchange-traded funds (ETFs) backed by those assets, and US dollar-backed stablecoins. The crypto assets must be held with US-regulated…

Joseph Atsus, a 51-year-old Pennsylvania man, was sentenced on Tuesday to 48 months in prison, a term of supervised release, and $1 million in restitution for several charges related to his participation in a notorious museum theft ring, the Department of Justice announced earlier this week. Atsus was part of a eight-person ring that stole millions in art and memorabilia between 1999 and 2019 from 20 museums, institutions, and stores across six states and Washington, D.C. Among the most valuable pieces stolen were Andy Warhol’s silkscreen work Le Grande Passion (1984) and Jackson Pollock’s oil painting Springs Winter (1949) from the Everhart Museum in…

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call discussing the company’s fourth quarter results for 2025, Solomon said many people at Goldman Sachs were “extremely focused” on issues including the Digital Asset Market Clarity (CLARITY) Act in the US Congress due to its potential impact on tokenization and stablecoins.A markup of the bill scheduled for Thursday was postponed after Coinbase said it would no longer support the legislation as written. In a markup…