The Kraken-affiliated company was built for the purpose of effecting a merger with one or more operating businesses.
Quantum resistance, scalable architecture, and a better block-building model that resists centralization pressures are needed if Ethereum is to pass the test of time.
XRP is attempting to stabilize above the $2 level after enduring several days of sustained selling pressure, as the broader market searches for direction. While price action has cooled from recent highs, the latest data suggests that activity around XRP remains balanced rather than distressed. According to metrics shared by Arab Chain via CryptoQuant, trading behavior shows no signs of panic or speculative excess despite the recent pullback. Related Reading: CVDD Model Signals Bitcoin Is Not Yet Deeply Undervalued: Drawdown Lags Historical Cycles Data sourced from Binance indicates that XRP’s 30-day Z-Score for trading volume is currently around 0.44. This reading places current volume slightly above its 30-day average, but still well within a historically normal range. Importantly, Z-Score values above +2 are typically associated with aggressive inflows and speculative surges, while deeply negative readings tend to signal market apathy or liquidity drying up. XRP’s current position in the positive-neutral zone suggests neither scenario is playing out. This context matters. Rather than reflecting capitulation or renewed hype, the data points to a market that is digesting prior moves. As XRP holds above $2, the absence of abnormal volume spikes implies that recent selling pressure may be easing, setting the stage for consolidation or a more deliberate next move once conviction returns. XRP Volume Z-Score Signals Market Equilibrium The report explains that this behavior suggests XRP’s recent price action was not fueled by a speculative frenzy, but instead reflected relatively balanced trading between buyers and sellers. Despite XRP managing to hold above the $2 level, the absence of an elevated volume Z-Score indicates that the market is not experiencing excessive excitement. Rather, conditions point to a phase of consolidation or potential accumulation following the volatility seen in previous weeks. This type of Z-Score reading commonly appears during periods of anticipation, when participants wait for a clearer directional catalyst. In such environments, price can remain range-bound as liquidity stays stable and neither side gains decisive control. If XRP’s price begins to move higher while the Z-Score rises above the 1.5–2.0 range, it would suggest fresh capital entering the market and could mark the beginning of a stronger, momentum-driven advance. That combination would provide clearer confirmation of renewed demand. On the other hand, if trading volume contracts further and the Z-Score remains near zero or slips into negative territory, it would imply fading interest. Under those conditions, XRP could face renewed downside pressure or extend its sideways consolidation as liquidity thins. The current Z-Score does not deliver a clear buy or sell signal. Instead, the data highlights a stable market environment. Any meaningful move now requires volume confirmation to establish its robustness. Related Reading: Ethereum Long-Term Cost Basis Holds Firm: Structural Floor Forms Near $2.8K XRP Price Struggles to Reclaim Key Moving Averages XRP is currently trading near the $2.05 level after a prolonged period of selling pressure, as shown on the daily chart. The recent rebound from sub-$1.90 levels suggests that buyers are attempting to defend the psychological $2.00 zone, which has acted as an important pivot throughout this cycle. However, price action remains structurally weak, with XRP still trading below its major moving averages. The chart shows XRP firmly below the 200-day moving average (red line) near the $2.55–$2.60 area, a level that now represents a critical medium-term resistance. The 100-day and 50-day moving averages (green and blue lines) are also sloping downward, reinforcing the bearish trend that began after the failed breakout above $3.50 in late 2025. Each attempt to recover has been capped by these dynamic resistance levels, signaling persistent distribution rather than aggressive accumulation. Related Reading: Bearish Signal Emerges For Ethereum As US Spot Demand Fades From a market structure perspective, XRP continues to print lower highs and lower lows, despite the short-term bounce. Volume has remained relatively muted during the recent recovery, suggesting limited conviction behind the move. This supports the idea that the rebound is corrective rather than the start of a new impulsive trend. For bullish momentum to regain credibility, XRP must reclaim and hold above the $2.30–$2.40 region, followed by a break above the 200-day moving average. Until then, the prevailing structure favors consolidation or further downside risk. Featured image from ChatGPT, chart from TradingView.com
Former NYC Mayor Adams is a vocal advocate for the city's crypto sector, and previously supported the 'NYC Coin' and BitBond initiatives.
Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold?
Analysts are calling for an XRP price explosion, as the cryptocurrency’s market structure and the reappearance of historically reliable technical patterns support this bullish outlook. Although XRP experienced a brief rebound at the beginning of 2026, its price has since given back some of those gains and is now trading slightly above $2.0. Nevertheless, analysts remain optimistic about XRP’s near-term growth and have identified a key setup that could trigger the anticipated surge. XRP Price Prepares For Major Explosion Market expert CRYPTOWZRD has shared a fresh technical analysis of XRP, pointing to a familiar setup that previously led to an explosive price surge. He stated that XRP has spent more than a year trading sideways, forming a base that closely resembles an early pre-rally phase. Related Reading: Wall Street Analyst Is Still Bullish On Bitcoin, Predicts Price Recovery This sideways behavior had preceded a sharp vertical breakout during the 2024 bull cycle. CRYPTOWZRD noted that the current market structure mirrors this setup, suggesting that history may repeat itself if conditions align. His chart supports this view by showing XRP locked in a broad horizontal range for an extended period. In the past, XRP’s price repeatedly bounced between a clearly defined yellow support zone and red resistance bands, confirming range-bound behavior and accumulation. On the chart, the historical breakout is visible as a strong, impulsive upward move that followed XRP’s retest of support and the invalidation of the previous downtrend. Following its initial price rally in July 2024, XRP entered a topping phase near the upper red resistance area. After failing to hold those highs, the cryptocurrency saw a sharp pullback described as a “quick dump,” which drove prices back toward a key support region in the next month. Interestingly, XRP began to trade within a descending channel after the pullback. Once the price broke the channel’s upper boundary, it triggered a powerful rally, propelling XRP from approximately $0.5 to over $2. A similar descending channel is now visible in XRP’s current market structure, reinforcing the analyst’s view that another parabolic move may be unfolding. In this setup, XRP has already broken above the upper boundary of the channel, and now its price is expected to push through the red resistance bands positioned between $3.4 and $3.7 Analyst Warns That XRP Must Clear $2.26 Or Risk Another Drop Speaking on current price action, crypto analyst ChartNerd warns that XRP could see another price correction if it fails to break and hold above the $2.26 support level. According to the expert, both the weekly 20 Exponential Moving Average (EMA) and the middle regression band of the Gaussian Channel are acting as resistance. Related Reading: Here’s Why the Bitcoin Price Was Able To Break $94,000 The chart also shows these indicators converging at the $2.26 support level, strengthening the barrier XRP must overcome. A failure to break above this level could cause the price to retrace back toward multi-month support near $1.9, where a higher low could form if buyers step in. Featured image created with Dall.E, chart from Tradingview.com
The CFTC is looking to invite Tyler Winklevoss, Shayne Coplan, Kris Marszalek, and other crypto leaders to assist its approach to regulating the blockchain industry.
Bitcoin has entered a fresh bout of volatility after a rare and highly charged response from Jerome Powell, following reports that federal prosecutors have opened a criminal investigation related to his conduct as Federal Reserve Chair. In a direct and unusually pointed statement, Powell said: “The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of the President.” Related Reading: CVDD Model Signals Bitcoin Is Not Yet Deeply Undervalued: Drawdown Lags Historical Cycles The market reaction was immediate. Bitcoin dropped from the $92,500 area to nearly $90,500, reflecting heightened uncertainty as traders reassessed political and macro risks. The move interrupted an otherwise stable consolidation phase and reintroduced volatility at a moment when BTC was attempting to build support above the $90,000 level. What makes this episode particularly notable is the shift in Powell’s public stance. Over the past 12 months, despite repeated criticism from President Trump, Powell consistently declined to engage, often responding with variations of “I have no response or comment.” That long-standing silence broke yesterday. As markets digest the implications, Bitcoin now finds itself at the intersection of macro policy, political pressure, and investor psychology. The next reaction—both from policymakers and from risk assets—could prove decisive for short-term price direction. Retail Fear Persists as Short-Term Holders Capitulate Within the Uptrend A recent CryptoQuant analysis adds another layer to the current political and macro-driven volatility, revealing that retail investors remain fearful of short-term price swings even as Bitcoin maintains a broader upward structure. The Short-Term Holder SOPR (STH SOPR) highlights a recurring behavioral pattern that tends to appear during corrective phases within a larger bull trend. Despite Bitcoin printing higher highs and higher lows throughout 2024 and 2025, short-term investors have been consistently realizing losses. Toward the end of last year, retail sentiment deteriorated sharply, with the STH SOPR dropping to around 0.98. Levels last seen in November 2022, when Bitcoin was trading near $16,000. While the indicator has not fully entered extreme capitulation territory below 0.98, it has remained under the neutral 1.00 level for more than 70 days, signaling sustained selling at a loss. This divergence is critical when STH SOPR remains below 1.00, coinciding with extended consolidations or corrective phases, driven by heightened pressure since Bitcoin broke above its previous all-time high. Historically, periods where STH SOPR stays below 1.00 coincide with extended consolidation or corrective phases, driven by elevated fear and realized losses. However, during the current uptrend, these episodes have repeatedly marked favorable accumulation zones. The mismatch between rising prices and capitulating retail behavior often reflects opportunity rather than weakness. This highlights Bitcoin’s underlying structural strength despite short-term volatility. Related Reading: Ethereum Long-Term Cost Basis Holds Firm: Structural Floor Forms Near $2.8K Bitcoin Consolidates Below Key Resistance as Volatility Compresses Bitcoin’s weekly chart shows the market in a consolidation phase following a sharp correction from the October highs near $120,000. After losing the $100,000 psychological level, BTC found demand in the low-$80,000s before rebounding toward the $90,000–$94,000 range, where price is currently stalling. This zone has clearly become a short-term equilibrium. With buyers defending higher lows but struggling to generate enough momentum for a decisive breakout. From a trend perspective, Bitcoin remains below the 50-week moving average, which is now acting as dynamic resistance around the mid-$90,000 area. In contrast, the 100-week moving average continues to slope upward well below the price. Reinforcing the idea that the broader macro trend remains intact despite recent weakness. The 200-week moving average, far lower, continues to define the long-term bull market structure. Related Reading: Bitcoin Remains In A High-Risk Zone As Short-Term Holders Stay Underwater Volume has compressed significantly during this consolidation, suggesting reduced participation and indecision. This typically precedes a volatility expansion rather than a continuation of slow, sideways trading. As long as BTC holds above the rising 100-week moving average, downside appears structurally limited. Failure to reclaim the $94,000 resistance zone would keep the market vulnerable to another leg of consolidation before a sustainable trend resumes. Featured image from ChatGPT, chart from TradingView.com
Senate Agriculture Committee will finalize crypto market structure legislation by late January after talks advanced over the weekend, Boozman said.
Senate leaders have delayed a key vote on crypto market structure legislation, citing unresolved policy issues around stablecoin yield.
Cardano founder says Trump’s actions have politicized crypto and alienated half the country.
After weeks of waiting, the United States Senate is preparing to adopt the Clarity Act in 2026. The need for regulatory clarity in the United States remains unprecedented as the crypto bull stalls due to bipartisan delays. Crypto Regulatory Talks Gain Traction in the U.S. Pro-crypto U.S. Senator Cynthia Lummis has introduced a bipartisan act …
Yes, real Coke uses coca leaves. No, there's no cocaine. And now you can make the whole thing at home for pennies.
An Ethereum price collapse could break the blockchain’s ability to settle transactions and freeze over $800 billion in assets, a Bank of Italy research paper warns. The paper, authored by Claudia Biancotti of the central bank’s Directorate General for Information Technology, outlined a contagion scenario where ETH's price collapse degrades the blockchain’s security infrastructure to […]
The post Ethereum’s hidden ‘death spiral’ mechanic could freeze $800 billion in assets regardless of their safety rating appeared first on CryptoSlate.
Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that indicates that the Dogecoin price top is above $10. The analyst also highlighted the meme coin’s performance during past bull cycles to explain why it could rally to double digits. Dogecoin Price Eyes Rally Above $10 Based on These Fibonacci Extensions In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10, which would mark the top for the foremost meme coin. This came as he noted that the monthly DOGE chart highlights where major cycle peaks have historically formed using Fibonacci extensions and that this pattern is “remarkably consistent.” Related Reading: Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The crypto analyst mentioned that in the first cycle, the Dogecoin price topped exactly at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern isn’t random but rather a structural behavior. He then stated that if this pattern continues into the next cycle, the data strongly suggests that the Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci level, which currently sits at $33.25. DOGECAPITAL added history doesn’t repeat perfectly, but it often rhymes. In this case, DOGE has followed its long-term Fibonacci structure with “near-perfect accuracy,” which is why he is confident that the meme coin could reach this price target. Meanwhile, it is worth mentioning that DOGECAPITAL’s accompanying chart showed that the Dogecoin price could reach this $33.25 target between now and 2028. Interestingly, the chart showed that DOGE could rally to as high as $100 if it reaches the upper boundary of the ascending channel. A rally to these targets would mark new all-time highs (ATHs) for the meme coin, whose current ATH is $0.74. Market Cap Doesn’t Matter For DOGE A potential Dogecoin price rally to $33.25 would give the meme coin a market cap of around $5.6 trillion. However, DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said that if it did, half the insane runs in crypto wouldn’t exist. The analyst noted that Shiba Inu exploded to a massive valuation in 2021 with no “realistic” justification, yet the market still sent it to such highs. Related Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and that the Dogecoin price has topped at the 4.236 Fib level in two separate cycles. He added that this is the entire point of the chart and that it is not tied to any quarter, fundamentals, or market cap logic. The analyst also claimed that short-term volatility doesn’t erase a decade-long pattern and that if the Fib structure breaks, he will adjust accordingly. At the time of writing, the Dogecoin price is trading at around $0.14, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
In a major new development for the crypto industry, Senators Ron Wyden and Cynthia Lummis announced on Monday evening the introduction of a bipartisan, standalone version of the Blockchain Regulatory Certainty Act (BRCA). This legislation aims to provide much-needed clarity for software developers and infrastructure providers in the blockchain space, particularly concerning their classification under federal law. New Crypto Bill To Protect Blockchain Developers According to the detailed press release regarding the matter, the BRCA specifies that developers and providers who do not have control over user funds will not be classified as money transmitters. Senator Lummis highlighted the ongoing challenges faced by blockchain developers, stating: Blockchain developers who have simply written code and maintain open-source infrastructure have lived under threat of being classified as money transmitters for far too long. This designation makes no sense when they never touch, control, or have access to user funds, and unnecessarily limits innovation. Related Reading: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains Lummis emphasized that the bill provides developers with the clarity needed to advance digital finance without the fear of legal repercussions for activities that do not pose a money laundering risk. Lummis added, “It’s time to stop treating software developers like banks simply because they write code.” Senator Wyden echoed these concerns, arguing that imposing the same regulatory requirements on developers as those applied to exchanges or brokers is fundamentally flawed. Main Highlights Of The BRCA The Blockchain Regulatory Certainty Act aims to set clear federal standards defining when blockchain developers and service providers can be exempt from money transmitter regulations. Under current legislation toward crypto, the Senators assert blockchain developers face regulatory ambiguities that have not only stifled innovation but also driven many projects offshore, as they navigate conflicting regulations across different states. Related Reading: Dogecoin Breaks Its ‘Lower-Band Prison’ As Daily Trend Flips The bill specifically establishes that a “non-controlling developer or provider” refers to any entity that develops or maintains distributed ledger technology but does not possess the unilateral authority to initiate or execute transactions involving users’ digital assets without third-party consent. In addition, the crypto bill clarifies protected activities, including the development or publication of software for distributed ledgers, maintenance services for blockchain networks, offering customer self-custody solutions, and providing necessary infrastructure to support distributed ledger services. Importantly, while the bill allows states to enforce their laws consistent with federal regulations, it also prevents them from imposing money transmitter requirements on developers engaged solely in the specified protected activities. Featured image from DALL-E, chart from TradingView.com
Traders rotated to Monero (XMR), Zcash (ZEC) and Railgun (RAIL) as bitcoin, ether remain stuck under key resistance levels.
Several blockchain analysts said they were unable to verify whether the Latin American nation held $60 billion in the cryptocurrency.
Bakkt Holdings will acquire stablecoin firm Distributed Technologies Research in an equity deal, sending shares up 18%.
Senators introduced a bill that clarifies that software developers who do not control users' funds are not considered money transmitters.
Fitch said sharp Bitcoin price swings could quickly erode collateral backing these securities, increasing the risk of losses for lenders and investors.
Bakkt is continuing its strategic pivot to provide “B2B2C” turnkey operator services through a stablecoin infrastructure acquisition.
The latest purchase lifted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply.
Ethereum is nearing a decisive phase that could unlock a major long-term price expansion. A higher-timeframe analysis shared by a TradingView analyst suggests that, despite current short-term weakness, Ethereum remains structurally positioned for a significant upside move. If the ongoing formation resolves as expected, the projected breakout places Ethereum’s price well above $24,000. Ethereum’s Long-Term Structure Remains Intact From a broader perspective, the analyst emphasizes that Ethereum has not broken its established trend since 2020. Over that period, price action has continued to form higher highs, reinforcing the view that the long-term structure remains valid. Rather than signaling failure, the prolonged consolidation seen over recent years is framed as stabilization within a large and defined range. Related Reading: Analyst Predicts Strongest XRP Price Rally In History Is Coming, Here’s Why This range sits between $1,000 and $3,000, with the $1,000 level identified as a critical psychological and structural support. According to the analysis, Ethereum’s ability to hold above this zone is central to the bullish thesis. Remaining above it allows the asset to continue developing a massive ascending triangle, a formation often associated with strong continuation moves once completed. Within this triangle, the analyst outlines a clear progression of internal price phases. Two major legs of the structure have already formed, and Ethereum is now moving through the final phase needed to complete the setup. This phase has brought short-term bearish signals, but they remain part of the broader structure rather than a structural breakdown. As the price approaches the lower boundary of the triangle, several layers of support converge. These include the rising structural trendline and key moving averages that have historically supported Ethereum’s price. The analyst notes that stabilization and a bounce are likely in this area, provided Ethereum does not break below the triangle’s lower limit. Such a break would invalidate the structure, but current conditions suggest that risk remains contained. Why A Breakout Opens The Door To $24,000 The bullish scenario hinges on confirmation. Once the triangle is fully formed and Ethereum breaks above its upper boundary, the analyst expects a continuation move to follow. Based on the size of the formation and prior market behavior, the projected expansion points to a move of roughly 300% from current levels. When applied to Ethereum’s existing range, that expansion places the primary bullish target above $24,000. This projection is not presented as a short-term price call, but as the potential outcome of a multi-year structure finally resolving upward. Related Reading: XRP Mirrors Gold’s Trajectory: What A Similar ATH Rally Would Mean Additional context strengthens this outlook. Ethereum continues to benefit from growing institutional participation, and recent data shows record stablecoin transfer volumes exceeding $8 trillion on the network. These developments suggest increasing reliance on Ethereum’s infrastructure, which could support sustained price expansion following a confirmed breakout. Ultimately, the analyst believes Ethereum’s next major move depends on how this consolidation phase concludes. If the structure holds and the breakout is confirmed, the path toward prices above $24,000 becomes a technical continuation rather than an outlier scenario. Featured image created with Dall.E, chart from Tradingview.com
Senator Cynthia Lummis introduced a standalone bill to press a key point on how blockchain software developers are treated, though crypto market structure observers await the big show.
Chainlink (LINK) price has signaled a midterm bullish outlook in 2026. The mid-cap altcoin, with a fully diluted valuation of about $9.4 billion, has been forming a potential reversal pattern in the past two months. Chainlink Price Eyes Market Reversal In the weekly timeframe, LINK price has been retesting a crucial logarithmic support level that …
ETH’s recent rally was driven by spot demand and a healthy use of futures market leverage, potentially setting Ether up for a follow-up move to $4,000.
On Sunday night, a lot of people in markets did the same thing at the same time: they opened a video and listened to a central banker sound like he was reading from a crisis manual. Jerome Powell said the Federal Reserve had received grand jury subpoenas and that the Trump administration had threatened a […]
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With Bakkt's share price surging following the announcement, the stock deal could be worth about $178 million.
The Dogecoin price is currently up by approximately 17% since the December 31 low and the rebound is starting to look less like a dead-cat bounce and more like a regime change, according to crypto analyst Cantonese Cat, who points to a clear shift in how DOGE is trading inside its Bollinger Bands on the daily chart. The setup matters now because price has moved from months of lower-band pressure into the upper half of the range, often the earliest tell that trend behavior is rotating. Cantonese Cat’s latest daily view (Binance) frames the move through Bollinger Band positioning rather than pattern-chasing. As the analyst put it: “DOGE daily shows a clear trend change that is easy to see when you see how it was riding on the lower half of the Bollinger band for months but now has a clear change in character.” That “character” is visible in the band mechanics. DOGE closed around $0.1405 on the print shown, now trading above the 20-day basis line near $0.1348 after spending much of the prior stretch leaning into the lower half of the envelope. The upper band is near $0.1564 and the lower band near $0.1132. Related Reading: Here’s How High The Dogecoin Price Would If It Repeats Previous Parabolic Runs In the analyst’s framing, the basis line becomes the near-term “line in the sand” for whether this is a genuine trend flip or simply a volatility expansion that fades. Holding above it keeps price in the upper half of the bands, where trends typically behave differently than they do during lower-band rides. Weekly And Monthly Chart Support The Thesis Zooming out, Cantonese Cat’s weekly chart (Dec. 20) casts the broader structure as an Elliott-style sequence: a completed Wave 1 advance followed by a Wave 2 correction. The analyst wrote: “We’ve already had a 13 month bear market for DOGE, with my working hypothesis of this being likely a wave 2 correction prior to wave 3 explosion. The entire reason why this may play out is that it doesn’t feel likely right now, and you want me to stop posting.” Related Reading: Is The Dogecoin Rally A Dead Cat Bounce? Analysts Weigh In The levels on the chart are explicit. DOGE is sitting between the 0.382 retracement near $0.1177 and the 0.5 level near $0.1542, with higher retracement markers at roughly $0.2021 (0.618), $0.2477 (0.707), $0.2968 (0.786), and $0.3732 (0.886). Above that, the 1.0 level is labeled near $0.4844, with extensions reaching approximately $0.9029 (1.272), $1.2497 (1.414), $1.9934 (1.618), $4.7793 (2.0), and $8.9077 (2.272), the latter aligning with the analyst’s repeatedly cited “$9 region” target for this cycle. On Jan. 9, Cantonese Cat paired DOGE’s monthly chart with the iShares Russell 2000 ETF (IWM), arguing a recurring bull-phase rhythm: “DOGE has always been about 2-4 months behind IWM during the bull phase.” The comparison highlights prior instances where IWM’s breakout behavior preceded DOGE’s major upside phases, implying DOGE’s current improvement could be read as a delayed echo if the template holds. Overall, the near-term question is whether DOGE can keep closing above the daily Bollinger basis (~$0.1348) and avoid slipping back into the lower-half posture that defined the prior months. On the upside, a break above the upper band region (~$0.1564) and the 0.5 Fib ($0.1542) is crucial for further upside. At press time, DOGE traded at $0.13674. Featured image created with DALL.E, chart from TradingView.com