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Bitcoin Cash holds near $500 despite broader crypto market slump: check 2026 outlook

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Bitcoin Cash holds near $500 despite broader crypto market slump: check 2026 outlook
  • Bitcoin Cash price held near $500 as bulls battled intraday sell-off pressure.
  • The altcoin could retest key resistance levels amid Bitcoin’s gains.
  • However, Standard Chartered forecasts BTC could drop to $50k, and BCH will likely mirror this.

Bitcoin Cash (BCH) price is demonstrating notable resilience, with bulls holding near the $500 mark as the broader cryptocurrency market downturn hits sentiment.

On February 12, 2026, the BCH price hovered between $496 and $523, down nearly 3% in the past 24 hours but still within range of this crucial level.

Bitcoin Cash price holds $500 amid BTC struggle

The resilience comes as the broader crypto market faces pressure, including from macroeconomic factors.

Sell-off across the sector has seen Bitcoin struggle to reclaim the $70,000 mark, and on Thursday, Standard Chartered analyst Geoff Kendrick highlighted the bank’s forecast for BTC in 2026.

Specifically, Standard Chartered has now slashed its 2026 target to $100,000 per Bitcoin, citing potential further pain before prices recover.

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Amid downward pressure, the bank sees bears pushing BTC to support around $50,000.

Kendrick said in a note to clients that Ethereum will also likely drop to $1,400 before rebounding to highs of $4,000 in 2026.

While BCH remains near $500 and has held above the $450 support, this outlook for BTC and ETH suggests the coin could be at risk of further decline.

Negative sentiment will cascade to other Bitcoin-related tokens.

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BCH price technical outlook and forecast for 2026

Bitcoin Cash price fell to around $468 on October 10, 2025, and to $454 on Feb. 5, 2026.

The two dates highlight the last two major sell-off events across the crypto market. If prices fall past this support base, a retest of June 2025 lows at $385 could follow.

Before this, Bitcoin Cash had rallied from $268 to $443 between April 9 and May 23.

From a technical perspective, BCH’s weekly chart indicates that the price currently hovers above a key horizontal support level.

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The uptick between March and September 2025, and between November 2025 and early January 2026, also put prices above the middle line of a broader parallel channel.

The resistance level of this pattern lies near $700, while support is around $264.

Bitcoin Cash BCH Price Chart
Bitcoin price chart by TradingView

Currently, BCH’s price hovers at the 50-day moving average of $597, which has acted as support since Oct. 10, 2025.

If the price drops below the 50-day SMA, bulls could be in trouble. The weekly RSI sits in the neutral 40-50 zone. However, it is likely to suggest potential bearish acceleration before a rebound.

Meanwhile, the MACD indicator shows strengthening bearish momentum after a bearish crossover in mid-January.

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A weekly close above $510 could allow buyers a relief rally towards the channel resistance. However, if prices slip under $425, a revisit of $300-$260 could be next.

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Crypto World

Canada Moves to Shut Crypto Out of Election Financing

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The Canadian government has moved to formally ban political donations made in crypto.

Filed March 26 as part of Bill C-25, the amendment to the Canada Elections Act aims to permanently close potential channels for untraceable foreign funding.

Canada Proposes Severe Penalties Up to $100,000 for Defaulters

The legislation prohibits cryptocurrency contributions for partisan activities, advertising, and election surveys. The ban is also being extended to money orders and prepaid payment products due to traceability concerns.

“No chief agent of a registered party, financial agent of a registered association, official agent of a candidate or financial agent of a nomination contestant or leadership contestant shall accept a contribution that is in the form of [digital assets],” the filing stated.

The ban blankets the entire political ecosystem, including parties, associations, candidates, leadership campaigns, and third parties.

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Under the new rules, political agents must return any cryptocurrency donation to the contributor or destroy the asset within 30 days.

If the assets cannot be returned, third parties are required to liquidate them into fiat currency and surrender the funds to the chief electoral officer, who will then forward the amount to the Receiver General for Canada.

The penalties for noncompliance are severe. Violators who knowingly accept crypto donations face fines reaching twice the value of the offending contribution. Corporations involved in these activities face an even stiffer penalty: an automatic $100,000 fine in addition to the double-value penalty.

Meanwhile, Canada’s policy shift is not occurring in a vacuum. The legislation closely mirrors a recent UK government move to ban cryptocurrency donations to political parties.

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These countries’ moves stand in stark contrast to the United States, where the crypto lobby has entirely financialized the political landscape.

The US crypto industry has already deployed over $273 million to influence the outcome of the forthcoming midterm elections, according to data tracked by Follow The Crypto.

Crypto Donations for US Elections.
Crypto Donations for US Elections. Source: Follow The Crypto

The divergence highlights a fundamental difference in political mechanics. In the US, crypto heavyweights like Coinbase and the Fairshake super PAC are using their corporate war chests to run sophisticated ad campaigns backing pro-crypto candidates.

If passed, Bill C-25 ensures Canada’s electoral system will remain firmly insulated from the digital asset arms race currently defining its southern neighbor.

The post Canada Moves to Shut Crypto Out of Election Financing appeared first on BeInCrypto.

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Linea Ends Direct EVM Arithmetization, Moves to RISC-V to Match Ethereum’s Proving Roadmap

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Linea’s shift to RISC-V reduces instruction complexity from EVM’s full opcode set to roughly 40 instructions.
  • Every Ethereum hard fork previously forced complete rewrites of Linea’s ZK constraint modules under the old system.
  • RISC-V enables Type-1 Ethereum compatibility automatically through standard compiler tooling, replacing manual constraint work.
  • Linea retains zkC, Vortex, and Arcane in the new stack, preserving years of cryptographic research and production experience.

Linea, the Ethereum Layer 2 network developed by ConsenSys, is transitioning from direct EVM arithmetization to a RISC-V-based proving architecture.

The team spent three years building one of the most rigorous ZK proving systems in production. That work produced a 1,000-page specification that became an ecosystem reference.

However, the approach created maintenance challenges that slowed progress. The move to RISC-V marks a strategic reset focused on performance, modularity, and Ethereum alignment.

A Simpler Instruction Set Changes Everything

The EVM operates with a complex, dynamic state model that is difficult to translate into mathematical constraints. RISC-V, by contrast, offers approximately 40 instructions and 32 registers.

That simplicity makes traces narrower and allows the prover to start working on proof chunks immediately. The performance gains are structural, not incremental.

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Every Ethereum hard fork previously required complete rewrites of Linea’s constraint modules. That maintenance burden consumed significant research capacity.

The team was managing complexity instead of advancing cryptographic performance. Switching to RISC-V removes that cycle entirely.

Type-1 Ethereum compatibility was another major obstacle under the old architecture. Achieving it required implementing Keccak, RLP, and the Merkle Patricia Trie manually inside constraints.

With RISC-V, a standard EVM client compiles directly to a RISC-V binary, and the compiler handles compatibility automatically.

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Linea’s cryptographic researcher Alexandre Belling presented the transition at the eth_proofs conference. As Linea posted on X, the team is moving toward “true modularity,” where every layer can be independently benchmarked, audited, or replaced. That was not achievable with the tightly coupled system previously in use.

The Ethereum Foundation has also committed to RISC-V as part of its proving layer roadmap. Linea cited this as a deciding factor. Continuing on the previous path would have meant diverging from Ethereum’s long-term technical direction.

What Carries Forward Into the New Stack

Linea is not discarding years of work. The team’s constraint-native language, zkC, will be used to write the RISC-V virtual machine. Vortex and Arcane, which handle proving and aggregation, are architecture-independent and transfer directly.

Formal verification is being built into the new system from the start. Constraints are being designed for export to tools like Lean. That approach makes the stack auditable by a much wider audience than before.

Linea also retains full-stack ownership across its infrastructure. That includes the Besu execution client, the Maru consensus layer, the ZK prover, and the gateway. No critical third-party dependencies exist in the architecture.

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As Linea noted in a follow-up post on X, direct EVM arithmetization was “difficult to audit without deep cryptographic expertise.”

RISC-V is widely taught, well documented, and supported by a growing developer ecosystem. The shift makes the proving stack accessible beyond Linea’s internal team.

The transition positions Linea as an early mover in a space where the broader Ethereum ecosystem is now converging.

Years of production proving experience now apply to a simpler, faster architecture. The team has indicated more technical details will follow in the coming weeks.

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Ethereum Builders Propose ‘Economic Zone’ to Fix L2 Fragmentation

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Ethereum, Vitalik Buterin, Ethereum 2.0, Layer2, Arbitrum

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction.

According to an announcement shared with Cointelegraph, the proposed “Ethereum Economic Zone” (EEZ) would allow smart contracts on different rollups to execute synchronously across networks without relying on bridges.

The initiative targets a key trade-off in Ethereum’s scaling strategy, where dozens of layer-2 networks have improved throughput but split liquidity, infrastructure and user activity across separate environments.

If implemented, the framework would let applications share infrastructure across rollups while settling back to Ethereum, reducing duplication and the need for cross-chain transfers.

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The project is being developed together with Ethereum researchers and industry participants, with early contributors including infrastructure providers and DeFi protocols exploring a shared standard for interoperable rollups.