Shares of American Bitcoin Corp (ABTC), the Bitcoin-mining and treasury company headed by Eric Trump, plunged on Tuesday as difficult market conditions continued to pressure crypto-linked equities. ABTC, which debuted on the Nasdaq in early September following a reverse merger with Gryphon Digital Mining, lost more than half its value in early trading. The stock…
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Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation without legislation from Congress, signaling his expectations for the industry in 2026. In a CNBC interview released on Tuesday, Atkins said the SEC was providing “technical assistance” as Congress considered legislation for digital asset regulation,…
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Key takeaways Texas became the first US state to add Bitcoin exposure to a state-managed investment portfolio by purchasing about $5 million of BlackRock’s IBIT ETF through its newly created Texas Strategic Bitcoin Reserve. SB 21 shifted Texas from a crypto mining hub to an active digital asset investor. The bill authorizes the state comptroller…
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An official from the Bank of Russia suggested easing restrictions on cryptocurrencies in response to the sweeping sanctions imposed on the country. According to a Monday report by local news outlet Kommersant, Bank of Russia First Deputy Governor Vladimir Chistyukhin said the regulator is discussing easing regulations for cryptocurrencies. He explicitly linked the rationale for…
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More big-name financial institutions are opening the door to Bitcoin exposure, signaling a growing institutional appetite for regulated digital asset products. Bank of America, the second-largest US bank, reportedly recommended a 1%–4% cryptocurrency allocation to its wealth management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms, according to a statement…
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Bitcoin (BTC) is printing a key bear market bottom signal at $87,000 as analysis says that BTC price history may repeat. Key points: Bitcoin’s velocity RSI metric returns to levels seen only around bear market bottoms. BTC price action could thus be performing a “major cyclical reset,” says analysis. The crypto long/short ratio breaks a…
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The United Kingdom is considering a ban on crypto donations to political parties, a move that would directly affect Reform UK and its leader, Nigel Farage, who have leaned into digital assets as part of a pitch for a crypto revolution in Britain, according to Politico. The option is being discussed as part of an…
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RedotPay has teamed up with Ripple to launch “Send Crypto, Receive NGN,” a new feature that lets users convert digital assets into Nigerian naira and receive the funds in local bank accounts within minutes. The service is built on Ripple Payments and supports a basket of major tokens at launch, including USDC (USDC), USDt (USDT),…
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Bitcoin (BTC) has been in a downtrend since early October, with the price dropping below its network value, suggesting a possible recovery in 2026. Key takeaways: Bitcoin price dropped below its fair value, a setup that has historically preceded positive one-year returns. Strengthening network activity suggests robust adoption beyond speculation. Bitcoin spot CVD flipped positive,…
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Bitcoin’s latest pullback may already be bottoming out, with asset manager Grayscale arguing the market is on track to break the traditional four-year halving cycle and potentially set new all-time highs in 2026. Some indicators are already pointing to a local bottom, not a prolonged drawdown, including Bitcoin’s (BTC) elevated option skew rising above 4,…
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