US Democratic Senators working on crypto market structure legislation filed several amendments on Friday, including measures to address conflicts of interest with US officials profiting from the crypto industry. The ethics-focused amendments were filed ahead of the Senate Agriculture Committee’s markup for the crypto market structure legislation this Tuesday, which seeks to give greater clarity on…
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Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026. Bloomberg Intelligence strategist Mike McGlone said he has reversed his long-term outlook on Bitcoin and the broader crypto market, arguing that investors should “sell the rallies” across risk assets in 2026. In McGlone’s view, the conditions that…
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United States lawmakers postponed a planned markup of the Digital Asset Market Clarity Act (CLARITY), delaying progress on a bill intended to define how cryptocurrencies and decentralized finance (DeFi) platforms are regulated and prompting renewed pushback from DeFi leaders who say the bill still fails to adequately protect developers. Industry groups and crypto venture firms…
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A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users. Authorities in France have started a preliminary investigation into a breach of cryptocurrency tax platform Waltio that could have compromised users’ personal data. According to a Thursday notice by…
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Bitcoin (BTC) may remain pinned below $100,000 for the first half of 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways: BTC price has a less than 10% chance of retaking $100,000 before Feb. 1, according to prediction markets. Traders predict that Bitcoin is unlikely to see $100,000 before June. Bitcoin’s price…
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Bitcoin (BTC) stayed trapped below $90,000 at Friday’s Wall Street open as gold and silver approached historic milestones. Key points: Bitcoin fails to shift its sideways trading behavior while gold comes within 2% of $5,000 per ounce. Bullish BTC price outlooks become increasingly rare as safe havens outperform. Gold snags an unprecedented $23,000 target for…
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BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan. The gap between the US’s longer-dated and shorter-dated bonds has widened to its highest level since 2021, signaling potential trouble for Bitcoin (BTC) in 2026. Key takeaways: A wider gap means long-term yields are…
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Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday. The United Kingdom-based fintech has been in discussions with US officials about applying for a bank license through the…
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Bitcoin’s (BTC) drop below $90,000 has pushed onchain profitability metrics into the negative territory, signaling BTC’s entry into a bear market, new research reveals. Data from TradingView showed that Bitcoin price action had established a new range on lower time frames, and market observers were watching the key support levels below. Key takeaways: Bitcoin’s net…
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Lawmakers in the US state of Kansas are considering a bill that would create a state-managed Bitcoin and digital assets reserve fund funded through unclaimed property rather than direct purchases of cryptocurrency. Kansas Senate Bill 352, introduced by Senator Craig Bowser on Wednesday, would establish a “Bitcoin and digital assets reserve fund” in the state…
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