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Crypto World

Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan

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Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment.

In his latest memo, Hougan flagged three factors influencing the market, beginning with crypto’s struggle to attract investor enthusiasm as prices remain under pressure and momentum fades.

On Contrarian Bet and Clarity

Bitcoin is down 24% this year, while Ethereum has fallen 36%, Solana 40%, and XRP 32%. At the same time, exchange-traded funds have recorded outflows and spot trading volumes have dropped to their lowest levels in years. Hougan attributed part of the weakness to investors’ growing preference for artificial intelligence-related opportunities, including AI stocks, robotics companies, and private firms such as SpaceX, while noting that the Nasdaq-100 has gained 43% year-over-year.

According to the Bitwise exec, the dominance of the AI trade has forced crypto to evolve from a momentum investment fueled by excitement into a “contrarian” bet that requires patience, a long-term perspective, and a focus on fundamentals. He said this pivot helps explain why investors are paying greater attention to revenues and favoring projects with clear fundamentals, such as Hyperliquid.

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Hougan said that crypto is not disappearing but is changing the types of investors and projects it rewards. The second factor weighing on the market, he said, is uncertainty surrounding the Clarity Act, a proposed market structure bill designed to establish a comprehensive regulatory framework for cryptocurrencies in the United States. Although the legislation recently cleared a hurdle in the Senate, the Bitwise exec noted that prediction market Polymarket currently assigns only a 55% probability that it will be approved before year-end.

The D.C. insiders he recently spoke to estimated the chances of passage between 5% and 30%. Hougan said this ambiguity is discouraging institutional investors, who can either allocate capital to rapidly rising AI-related assets or invest in crypto while facing the possibility of a major regulatory setback. He even argued that large-cap crypto assets are unlikely to experience a sustainable rally until this uncertainty is resolved, and added that the resolution itself is more important than the outcome because crypto can adapt whether the legislation passes or fails but struggles to thrive while uncertainty continues.

Crypto Winter Nearing an End?

Zooming out, Hougan also observed that the current downturn differs from previous crypto bear markets. Rather than rotating into Bitcoin, investors are moving toward smaller, less established cryptocurrencies with “credible fundamentals.” He pointed to one-month gains of 73% for Hyperliquid, 50% for Zcash, and 44% for Stellar, despite declines in larger assets.

Hougan said this rotation demonstrates that fundamentals are becoming more important as crypto moves away from momentum-driven trading and suggested that it may indicate that the market is “closer to the end of this winter than the beginning,” while acknowledging that the coming weeks could remain “painful.”

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However, not all analysts share Hougan’s view. Analyst Doctor Profit has repeatedly warned that the worst could still lie ahead. He expects Bitcoin to enter a capitulation phase below $60,000 and ultimately bottom in the $40,000-$50,000 range between September and October 2026.

CryptoQuant CEO Ki Young Ju, on the other hand, cautioned that the current bear market could extend into early 2027.

The post Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan appeared first on CryptoPotato.

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Market Movers: Marvell’s AI Surge, Alphabet’s Massive Spend, GameStop’s Rally, and Oil’s Climb

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

TLDR

  • Marvell Technology stock soared following comments from Nvidia CEO Jensen Huang about the company’s potential to reach trillion-dollar valuation
  • Alphabet’s announcement of an $80 billion AI infrastructure investment has created division among investors concerned about returns
  • GameStop shares climbed after the company exceeded earnings forecasts and revealed a $2 billion share repurchase program
  • Semiconductor and AI hardware companies like Broadcom, Nvidia, and Dell dominated trading volume on Wall Street
  • Oil prices surged past $95 a barrel, driving energy sector gains while stoking inflation worries

Marvell Technology Rallies on CEO’s Trillion-Dollar Vision

Marvell Technology emerged as a standout performer in today’s trading session. The stock continued its upward trajectory after Nvidia’s CEO Jensen Huang reportedly indicated the semiconductor firm has the potential to reach a trillion-dollar market capitalization.

These remarks triggered renewed investor enthusiasm for Marvell shares. The firm specializes in networking semiconductors, customized AI processors, and data center equipment utilized by leading cloud service providers.

Market participants view Marvell as a prime beneficiary of the ongoing AI infrastructure buildout. The company’s technology forms a critical component of the backbone required to operate large-scale artificial intelligence deployments.

The stock’s surge rippled through the semiconductor sector, boosting confidence across AI-related equities. Market watchers increasingly anticipate sustained AI demand growth as enterprises and public institutions compete to develop cutting-edge systems.

Alphabet’s $80 Billion AI Investment Sparks Debate

Alphabet captured market attention following its disclosure of an $80 billion allocation toward AI infrastructure development and expansion. The magnitude of this capital commitment has generated mixed reactions from the investment community.

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Proponents argue the expenditure is essential to remain competitive with rivals including Microsoft, Amazon, and OpenAI. Skeptics express concern that such aggressive capital deployment could compress profit margins if AI-generated revenues fail to materialize proportionally.

This discussion mirrors broader anxieties emerging throughout the technology industry. AI infrastructure development is emerging as one of the most capital-intensive technological competitions in modern business history.

Nevertheless, numerous investors maintain confidence in Alphabet’s long-term prospects. The company’s dominant search platform, expanding cloud services, and AI capabilities continue to represent formidable competitive advantages.

GameStop Rallies Following Strong Earnings and Buyback Announcement

GameStop captured headlines after delivering quarterly results that exceeded analyst projections. The video game retailer simultaneously unveiled a $2 billion stock repurchase initiative, propelling shares significantly higher.

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The buyback announcement demonstrates management’s optimism regarding the company’s strategic trajectory. Share repurchases reduce outstanding equity, potentially providing price support through reduced supply.

While meme-stock fervor has subsided from previous heights, GameStop demonstrated its continued ability to generate momentum and capture retail investor interest. The move provided a temporary boost to other speculative equities.

Semiconductor Stocks Maintain Market Spotlight

Broadcom, Nvidia, Dell, HPE, and Super Micro Computer ranked among the day’s most heavily traded securities. Market participants continue positioning AI hardware companies as premier long-term growth opportunities.

Broadcom faces its upcoming earnings announcement later this week. Analysts are particularly focused on management commentary regarding custom AI semiconductor demand and cloud infrastructure spending trends.

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A positive earnings report from Broadcom could provide additional momentum to the semiconductor sector rally. Chip stocks have delivered superior returns compared to most market segments in recent months.

The market continues favoring companies with direct exposure to AI hardware and infrastructure development. This trend has enabled semiconductor equities to outperform numerous other industry groups.

Crude Oil Breaks $95 Amid Escalating Geopolitical Concerns

Beyond technology, oil prices commanded significant attention. Crude oil advanced beyond $95 per barrel as Middle Eastern geopolitical tensions escalated.

Energy sector stocks posted substantial gains following the commodity price surge. Elevated oil prices simultaneously renewed concerns about inflation and potential implications for Federal Reserve monetary policy decisions.

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Increasing energy costs introduce additional uncertainty into the market’s forward outlook. Heightened inflationary pressure could influence the central bank’s approach to interest rate adjustments.

Today’s market activity highlighted the dominant themes currently influencing investor sentiment. Artificial intelligence, semiconductor innovation, retail trading dynamics, and geopolitical uncertainty all contributed to shaping the session’s narrative.

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Treasury Signals CLARITY Act by Summer; Bitcoin Reserve Moves

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Crypto Breaking News

According to Cointelegraph, U.S. Treasury Secretary Scott Bessent told lawmakers that the department is advancing plans to establish a strategic Bitcoin reserve and a United States digital asset stockpile, building on President Trump’s executive order issued more than a year earlier. Speaking at a Senate Finance Committee hearing on the Treasury’s fiscal year 2027 budget, Bessent stated that the department is “proceeding with all deliberate speed” on the 2025 order to establish Bitcoin and digital asset reserves. The Reuters-style framing here is that the reserve effort remains underway, with governance and practical design still being developed as part of a broader digital assets initiative.

The Treasury indicated that the reserve, when assembled, has to date been filled with crypto assets seized by the government, and there were no additional acquisition plans disclosed as of March. Bessent underscored that the effort is uncharted territory—“new technology, this is new ground”—and stressed the importance of integrating best practices to ensure durability of the program over time. The current public figure associated with the scale of the initiative is the quantity of assets held in reserve.

The United States reportedly holds 328,372 BTC in its reserves, valued at about $215 billion at the time of publication. While lawmakers have pursued efforts to codify Trump’s order into law, the broader regulatory framework surrounding digital assets continues to evolve. In parallel, some jurisdictions have begun to legislate state-controlled crypto reserves or related mechanisms.

Key takeaways

  • The Treasury is pursuing the Trump administration’s executive order to establish a strategic Bitcoin reserve and a broader digital asset stockpile, with officials describing progress as proceeding with “all deliberate speed.”
  • The reserve has been populated with crypto seized by the government, and no additional acquisition plans were announced as of March, according to public remarks.
  • The United States reportedly holds 328,372 BTC in its reserves, valued at roughly $215 billion at the time of reporting, highlighting the scale and policy implications of state-held digital assets.
  • Legislative momentum around the Digital Asset Market Clarity (CLARITY) Act remains a focal point, with House passage completed and Senate committees weighing their versions; the White House signaled a July–summer timeline for action.
  • State-level developments, such as Texas’s enactment of its own crypto reserve framework, illustrate a growing regulatory mosaic that intersects with federal approaches to custody, supervision, and market integrity.

Strategic reserve development and current holdings

At the center of the Treasury’s briefing is a long-horizon governance challenge: turning a presidential directive into a functional, auditable, and legally robust strategic reserve. Bessent framed the effort as a “new technology” and “new ground,” emphasizing that the department is pursuing a design that will be durable and resilient for ongoing use. The rhetoric signals an emphasis on formalized custody standards, risk controls, and transparent stewardship as the program transitions from concept to practice.

On the operational footing, officials indicated that the existing crypto stockpile largely comprises assets seized in enforcement actions. There were no announced plans to acquire additional cryptocurrency beyond those holdings as of the latest public disclosures. The size of the holdings—328,372 BTC—illustrates the scale of the policy discussion surrounding a state-managed digital asset reserve and its potential implications for monetary sovereignty, sanctions enforcement, and public‑private collaboration in custody and liquidity management.

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The disclosure of a substantial BTC stake anchored the debate around governance, risk management, analytics, and cross-border policy alignment. For institutional analysts and compliance teams, the question is not only custody but how such a reserve would interface with existing AML/KYC frameworks, sanctions regimes, and financial-market infrastructure while remaining compliant with domestic and international law. The public record indicates a careful approach to building a durable, legally defensible framework, acknowledging that this is a novel type of state asset holding within a complex financial ecosystem.

Regulatory progress and the CLARITY Act: framing onshore clarity

Bessent turned to the Digital Asset Market Clarity (CLARITY) Act when addressing questions about a legislative pathway for the sector. The bill, designed to address securities and commodities issues for digital assets, has advanced through House deliberations and now faces reconciliation with Senate measures. Senate committees—particularly Banking and Agriculture—have produced their own versions, and the full chamber will need to harmonize the bills before a vote can occur. The administration’s position has been that a coherent federal framework is essential to aligning U.S. practices with global standards and to providing clear custody and enforcement expectations for industry participants.

As part of the broader regulatory conversation, officials highlighted that the Treasury views the CLARITY Act, alongside recently enacted stablecoin legislation, as a critical step toward “bringing US best practices onshore” and establishing robust custody standards. White House crypto adviser Patrick Witt framed the administration’s objective as delivering predictable oversight and workable rules that support legitimate innovation while constraining risk. The timeline presented by administration officials positions a possible Senate passage in the summer, with some observers predicting a signing ceremony around Independence Day or shortly thereafter, though partisan dynamics and procedural hurdles remain a focal point for lawmakers and market participants.

For institutions, the CLARITY Act signals the potential for clearer regulatory boundaries and more explicit licensing pathways for digital-asset custodians, exchanges, and custodial banks. From a compliance perspective, the act could shape how firms structure their AML/KYC programs, monitoring controls, and licensing interactions across state and federal jurisdictions, including cross-border operations and transitional arrangements as regulatory definitions converge.

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State trajectories, enforcement context, and cross-border implications

Beyond federal deliberations, state-level actions are shaping the policy environment for digital assets. Texas, for example, has enacted legislation creating its own framework for state-controlled crypto reserves, illustrating a growing willingness among states to formalize digital-asset custody and strategic holdings. This development contributes to a nuanced regulatory mosaic in which state authorities, federal agencies, and international counterparts must navigate differing models of asset control, oversight, and public accountability.

On the enforcement front, the Treasury and other agencies continue to coordinate with sector participants, with ongoing discussions about how seized assets, sanctions regimes, and cross-border usage intersect with national security and financial stability objectives. The broader question of how much of a role a national reserve should play in sanctions enforcement, monetary policy considerations, and international relationships remains unsettled, with lawmakers examining how to balance strategic assets with risk controls and market integrity.

Additionally, developments in sanctions enforcement and foreign-policy considerations—such as the reported seizures of digital assets tied to other jurisdictions—underscore the need for robust governance, transparent reporting, and interoperable compliance standards. The evolving policy landscape will be a key area for institutions to monitor, particularly for banks, exchanges, and asset managers that engage with digital assets in regulated contexts.

Closing perspective

The Treasury’s ongoing work to establish a strategic Bitcoin reserve and a formal digital asset stockpile sits at the intersection of national policy, regulatory design, and practical financial-market operations. As the CLARITY Act advances and state initiatives unfold, the risk and compliance implications for institutions remain front and center. The coming months will reveal how federal and state authorities reconcile jurisdictional differences, implement custody and reporting standards, and define the role of state-held assets within a broader sovereign financial architecture.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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The selloff In Bitcoin, Altcoins Deepened, Will Bulls Buy The Dip?

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The selloff In Bitcoin, Altcoins Deepened, Will Bulls Buy The Dip?

Key points:

  • Bitcoin risks falling below $65,000, but lower levels are likely to attract solid buying by the bulls.
  • HYPE, ZEC and XLM look strong on the charts while other major altcoins risk resuming their downtrend.

Bitcoin (BTC) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher levels. The launch of fresh strikes by the US and Iran has hurt sentiment, but Bitrue Research Institute research lead Andri Fauzan Adziima told Cointelegraph that the fall was more about “leveraged liquidations, heavy ETF outflows, and technical breakdowns than pure Iran news, but it amplifies the fear.”

All eyes have shifted to BTC’s yearly lows of $60,000. Veteran trader Peter Brandt said in a post on X that BTC has formed an expanding triangle, a common and reliable pattern. He projects a decline to about $56,000, but added that a move above $75,000 would invalidate this bearish view.

Crypto market data daily view. Source: TradingView

The short-term trend has turned negative, but the bulls are unlikely to give up without a fight. Buyers are expected to enter the $65,000 to $60,000 zone, but relief rallies are likely to be sold into. Volatility is likely to increase over the next few days as the bulls and bears battle for supremacy. Buyers will have to propel the price above $77,000 to signal that BTC has bottomed out in the short term. 

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What are the crucial support levels to watch out for in BTC and the major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

BTC collapsed after breaking below the support line on Tuesday, indicating aggressive liquidation of long positions.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

There is support at $65,000, but that may not hold. That clears the path for a drop to the $62,500 to $60,000 support zone. Buyers are expected to defend the zone with all their might, as a close below it would signal a resumption of the downtrend. The BTC/USDT pair then risks falling to $50,000.

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The bears will attempt to maintain their advantage by selling the relief rallies to the 20-day exponential moving average ($74,064). Buyers will have to secure a close above the 50-day simple moving average ($76,966) to signal a comeback.

Ether price prediction

Ether’s (ETH) $1,916 to $2,465 range resolved to the downside on Tuesday, indicating that the bears are in control.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The ETH/USDT pair may dip to the solid support at $1,750. The oversold level on the relative strength index (RSI) suggests a bounce is possible from $1,750, but rallies are likely to be sold into. A shallow rebound increases the possibility of a break below the $1,750 level. If that happens, the ETH price may plummet to $1,550.

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Buyers have an uphill task ahead of them. They will have to swiftly push and sustain the price above the 20-day EMA ($2,056) to suggest that selling pressure is easing. The pair may then rise to the 50-day SMA ($2,218).

BNB price prediction

BNB (BNB) fell below the breakout level of $687 on Monday and extended its decline to the 50-day SMA ($645) on Tuesday.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The drop back below $687 may have trapped the aggressive bulls. The $628 level may act as a temporary support, but it is likely to be broken. If that happens, the BNB/USDT pair may plummet to solid support at $570.

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This negative view will be invalidated in the near term if the BNB price turns up sharply from the current level and breaks above $745. That signals solid demand at lower levels. The pair may then march to $790 and later to $900.

XRP price prediction

XRP (XRP) broke below the strong support of $1.27 on Tuesday, indicating that the bears are in charge.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

The next support on the downside is the Feb. 6 intraday low of $1.11. Buyers are expected to fiercely defend the $1.11 level, as a close below it signals the start of the next leg of the downtrend to $1.

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On the way up, the downtrend line is the first hurdle for the bulls to overcome. If they clear that, the XRP/USDT pair may climb to $1.61. Sellers are expected to pose a substantial challenge at the $1.61 level, but if the bulls prevail, a new up move may begin.

Solana price prediction

Solana (SOL) closed below the $76 support on Tuesday, indicating that the bears have overpowered the bulls.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The bulls will attempt to push the SOL price back above $76, but are expected to face significant resistance from the bears. If the price declines from $76, the next stop is likely the Feb. 6 low of $67. Buyers will strive to hold the $67 level, as a close below it may sink the SOL/USDT pair to $60.

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Buyers will have to drive and maintain the price above the moving averages to suggest that the break below $76 may have been a bear trap.

Hyperliquid price prediction

Hyperliquid (HYPE) has held strong among all the mayhem, signaling that the bulls expect the uptrend to continue.

HYPE/USDT daily chart. Source: Cointelegraph/TradingView

Profit-booking was seen near $75, but the shallow pullback suggests the bulls view the dips as buying opportunities. If buyers push the HYPE price above $75, the rally could reach the $85-$89 zone.

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The first support on the downside is $64, and then the breakout level of $59.41. If the HYPE/USDT pair rebounds off $59.41, it suggests that the bulls have flipped the level into support. The buyers will then again attempt to resume the uptrend.

Dogecoin price prediction

Dogecoin (DOGE) has dipped to the support of the $0.09 to $0.12 range, where buyers are expected to step in.

DOGE/USDT daily chart. Source: Cointelegraph/TradingView

If the DOGE price turns up from the current level, the bears will attempt to halt the recovery at the 20-day EMA ($0.10). If the price turns down sharply from the 20-day EMA, the risk of a break below $0.09 increases. The DOGE/USDT pair may then slump to $0.08.

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This negative view will be invalidated in the near term if the price rises above the moving averages. That suggests the pair may extend its stay inside the range for a few more days. 

Related: Bitcoin copying 2022 ‘almost perfectly’ as trader sees key support failing

Zcash price prediction

Zcash (ZEC) turned up and closed above the 20-day EMA ($568) on Tuesday, indicating buying at lower levels.

ZEC/USDT daily chart. Source: Cointelegraph/TradingView

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The bulls will have to drive and maintain the ZEC price above $690 to signal the resumption of the uptrend. If they manage to do that, the ZEC/USDT pair may rally to $750, where the bears are expected to mount a strong defense. However, if buyers overcome the barrier, the pair may soar to $856.

Sellers are likely to have other plans. They will attempt to pull the price below the neckline of the developing head-and-shoulders pattern. A close below the neckline signals that the pair may have topped out in the short term.

Cardano price prediction

Cardano (ADA) continued lower, plunging below the $0.22 support on Tuesday, signaling the resumption of the downtrend. 

ADA/USDT daily chart. Source: Cointelegraph/TradingView

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The RSI has slipped into oversold territory, increasing the likelihood of consolidation or a relief rally in the near term. Any recovery attempt is expected to face selling at $0.22 and then at the 20-day EMA ($0.24). If the ADA price breaks down from the overhead resistance, the bears will attempt to pull the ADA/USDT pair down to $0.20.

Buyers will be back in the driver’s seat on a close above the 50-day SMA ($0.25). That suggests the market rejected the break below $0.22.

Stellar price prediction

Stellar (XLM) has been in a bull phase of its own, rising from $0.14 on May 23 to $0.30 on May 30. 

XLM/USDT daily chart. Source: Cointelegraph/TradingView

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The sharp rally prompted profit-booking by short-term traders, pulling the XLM price down to the 50% Fibonacci retracement level at $0.22. If the price rises from the current level, the bulls will attempt to push the XLM/USDT pair above $0.27 and then $0.30. If they succeed, the pair may surge to $0.35.

Contrary to this assumption, if the price declines and breaks below the 61.8% retracement level at $0.20, it suggests the pair may have topped out in the near term.

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Bitcoin selloff continues as prices slide below $63,000 for the first time since February

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Bitcoin selloff continues as prices slide below $63,000 for the first time since February

Bitcoin extended losses early Thursday, falling to $63,000 for the first time since February 24. The cryptocurrency has lost over 14% this week alone and 21% over the past four weeks, according to CoinDesk data.

The selloff has triggered demand for protective options plays, pushing the fear gauge, the 30-day implied volatility index BVIV, to 53.17, its highest level since April 2.

Investors yanked another $50 million from U.S.-listed spot ETFs Wednesday, marking the 13th consecutive trading day of outflows from these vehicles, which are viewed as a proxy for institutional demand.

“A broad sell-off in crypto, which started with Strategy’s transfer triggering ETF outflows and is now fueled by speculative news about Mt. Gox liquidations, signals a potential continued sell-off. BTC at $50k is a level some are starting to talk about as a bottom this year,” Paul Howard, senior director at liquidity provider Wincent, said in an email.

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“Whilst there is a long way to go, the absence of catalysts and the movement of liquidity into other tech sectors such as AI indicate we have further volatility ahead,” he added.

Some traders are closely watching levels around $60,000 as potential support. The February crash saw prices nearly test that level on some exchanges before the sell-off ran out of steam

“The first major zone I’m watching is the low $60k region, because that is where a lot of important pieces start coming together. We have the local low around $59.9k. We have the 200-week moving average now sitting in that same general area,” analysts at data tracking platform Material Indicators said in an email.

“That does not guarantee support. It simply tells us this is where the market should have to make a decision,” they added.

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160 Officials Tell Senate to Pass CLARITY Act as Floor Talks Resume

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160 Officials Tell Senate to Pass CLARITY Act as Floor Talks Resume


A coalition of 160 former U.S. national-security, intelligence and law-enforcement officials urged the Senate on Tuesday to pass the Digital Asset Market Clarity Act, casting the bill as a national-security upgrade rather than an industry favor. The letter, organized by the Blockchain Association,… Read the full story at The Defiant

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Israel Tax Authority Dissatisfied With Voluntary Crypto Disclosures

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Crypto Breaking News

Crypto Breaking News

The uptake on Israel’s crypto voluntary disclosure program remains modest relative to policymakers’ expectations, underscoring the challenges of using immunity from criminal prosecution to coax tax compliance in a rapidly evolving asset class. The policy, introduced to encourage disclosure and correct reporting of crypto holdings, became effective with an August 2025 framework that offers certain protections for filers who come clean and settle their liabilities.

Globes reported that the Israel Tax Authority has so far received disclosures totaling roughly $50 million in crypto capital, a fraction of the tens or even hundreds of billions that could be underreported, depending on holdings. The program’s design grants immunity from criminal charges for filers whose crypto asset value does not exceed the equivalent of $522,000 as of December 2024, provided reports are corrected and all taxes are paid in full before August 31, 2026. To date, only 58 filers have attempted to use the mechanism, according to the same coverage.

“In the cryptocurrency field, the difficulty of the absence of an anonymous track is even more acute,” commented Iftach Simhony, a CPA and head of the tax department at the Prof. Bein Law Office, as cited by Globes. “When the risk assessment of some taxpayers is not high, and the procedure itself does not offer certainty or anonymity in the first stage, the incentive to undergo voluntary disclosure is weakened.”

The disclosure framework announced by the tax authority describes a pathway to immunity from criminal charges for crypto holders who disclose holdings within the threshold, file accurate reports, and settle tax obligations by the deadline. The policy relies on transparency and timely reporting, with the threshold tied to December 2024 values and a rigidity around the full payment deadline, signaling a measured approach to bringing crypto gains into the tax net without immediate criminal exposure for disclosures within the cap.

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Separately, data from the Bank of Israel situates the private crypto landscape within a broader national financial frame. The bank’s financial stability report covering January to June 2024 estimates that Israelis held about $1 billion worth of crypto assets, highlighting the scale of the market and the potential tax base that policy makers are trying to align with enforcement and compliance strategies.

Key takeaways

  • Israel’s voluntary disclosure program has yielded about $50 million in crypto disclosures so far, far below the projected potential as of the August 2025 policy rollout.
  • The program offers immunity from criminal charges if holdings stay under the equivalent of $522,000 (as of December 2024) and all taxes are paid and reported by August 31, 2026; uptake remains limited, with 58 filers reported.
  • Analysts point to concerns about anonymity and risk assessment, suggesting that the lack of a clear anonymity pathway dampens participation in the early stage of the program.
  • Bank of Israel data indicates Israelis hold roughly $1 billion in crypto assets, underscoring the significant scale of the market and the implications for future tax policy and enforcement.
  • In the United States, lawmakers are pursuing a de minimis exemption for small crypto transactions through the PARITY Act, signaling a shift toward simpler reporting for routine, low-value activity.

Israel’s disclosure program: incentives, constraints, and what changes could matter

The August 2025 framework aims to strike a balance between enforcement and voluntary compliance by offering a shield from criminal charges for those who disclose and settle. Yet the limited early engagement—just 58 filers—suggests that farmers of crypto reporting may be deterred by a combination of perceived risk, the timing of the deadline, and the perception that the disclosure process lacks sufficient privacy guarantees. The threshold, pegged to the December 2024 value reference, creates a clear boundary: the smaller holders could leverage the immunity route, while larger holders remain under the ordinary tax regime with heavier scrutiny.

Observers stress that successful tax collection in this space requires not just a carrot (amnesty) but also a clear, efficient path to reporting that reassures taxpayers about privacy and minimizes the friction of compliance. The Globes interview with Iftach Simhony captures a core tension: when the incentives to disclose are not compelling—especially for those who worry about privacy and potential audits—the policy’s effectiveness can falter before it starts to reshape behavior.

Global context: how U.S. policy discussions could influence Israel and broader crypto taxation

The international backdrop adds another layer of complexity for policymakers. In the United States, a bipartisan effort known as the PARITY Act seeks to relieve the burden of crypto tax reporting for small-value activity. The bill would direct the Internal Revenue Service to study establishing a de minimis exemption for digital assets, potentially allowing taxpayers to bypass reporting for minor or routine transactions. If such a threshold were adopted, it could reduce administrative costs for individuals and exchanges alike and shift how tax authorities allocate enforcement resources.

From a policy design perspective, the American approach contrasts with Israel’s emphasis on disclosure as a pathway to immunity. The divergent approaches highlight the ongoing debate over how to balance tax compliance with user privacy, enforcement risk, and the practical realities of a fast-growing asset class. For investors and users in both markets, the cross-border regulatory dialogue matters because it affects how crypto gains are reported, how accurately holdings are captured, and how compliant behavior is incentivized over time.

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For Israeli readers, the question remains: will the current uptake be sufficient to close the gap between expected tax receipts and actual revenue? For U.S. stakeholders, will any de minimis exemption gain legislative traction, and how might that shape reporting standards for international crypto activity? Both questions are central to understanding how governments adapt tax regimes to the digital-asset era while striving to maintain a competitive, innovation-friendly environment.

As crypto markets continue to evolve, regulators will likely reassess thresholds, reporting formats, and enforcement priorities. Market participants should monitor updates to the Israeli policy framework, potential changes to the Bank of Israel’s regulatory stance, and any new developments in U.S. tax policy that could ripple across borders and influence how crypto profits are disclosed and taxed in the months ahead.

Readers should stay attuned to further disclosures from the Israel Tax Authority and Bank of Israel, as well as Congressional updates on the PARITY Act, to gauge how these regulatory movements might affect tax planning, compliance costs, and strategic decisions for investors and businesses operating in or collaborating with Israel and the United States.

This article was originally published as Israel Tax Authority Dissatisfied With Voluntary Crypto Disclosures on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

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Sam Altman ChatGPT AI Predicts XRP Price For The Next 30 Days

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Sam Altman ChatGPT AI Predicts XRP Price For The Next 30 Days

ChatGPT AI predicts XRP price positioned for a strong 30-day move, targeting $1.55 to $1.80 prediction from a current price of $1.238, with the squeeze scenario toward $1.60 and beyond activating the moment XRP flips $1.35 into support.

The bull case Sam Altman’s AI is building is not complicated but the timing element makes it more interesting than most XRP predictions this week.

Months of underperformance have left a large pool of sidelined capital sitting on the sidelines waiting for a signal, and ChatGPT is arguing that signal is close.

Source: ChatGPT AI XRP Price Prediction

Institutional ETF interest is still growing, XRPL activity is rising, and the regulatory cloud that suppressed participation for years has cleared. Those 3 things working together create the conditions for aggressive rotation when Bitcoin stabilizes and gives altcoins room to breathe.

The $1.35 level is the specific technical trigger ChatGPT identifies. Right now, it is resistance. Flipping it into support on a closing basis with volume behind it is the event that changes the character of the trade from a range grind to a momentum move toward $1.60 and above.

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That is a precise and useful read because it gives a clear line in the sand rather than a vague directional opinion.

The bear case is equally specific. The $1.15 to $1.18 zone is the floor that matters most on the downside. Losing it with conviction would trigger a liquidity flush toward $1.00, which is a level XRP has not traded at since before the November 2024 breakout.

Broad market weakness or fading ETF momentum are the 2 catalysts that could push the price there, and both are live risks given where Bitcoin is sitting right now.

XRP Price Prediction: XRP Just Had a 6.98% Weekly Loss and Is Now Testing the Pre-Breakout Zone That Started Everything

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XRP price is closing the current week at $1.238, down nearly 7% on the week, and this weekly chart, going back to early 2024, is showing something that has not happened since the original November 2024 breakout: price is approaching the launch zone where the entire institutional repricing began.

The vertical move from $0.55 to $3.40 in late 2024 left little structural support on the way up, as it happened too quickly for buyers to build meaningful positions at any particular level.

That speed is now working against the recovery, because there are no strong historical support zones between $1.00 and $1.60 built through accumulation rather than just passed through during a parabolic move.

Source: XRP Price / Tradingview

The $1.20 level is the closest thing to a genuine floor on this chart, and it has been tested and held on multiple weekly closes since February.

This week’s candle low of $1.188 tested below $1.20 intraweek before recovering to close at $1.238, which mirrors the wick behavior seen at the February low.

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That kind of below-support wick followed by a recovery close is often the last liquidity grab before a meaningful bounce, and it is exactly the pattern ChatGPT’s $1.15 to $1.18 bear case floor is referencing.

If $1.20 holds on a weekly close basis, the base between $1.20 and $1.60 remains intact, and the $1.55 to $1.80 target stays in play. If it breaks, the next level with historical significance is $1.00, where the pre-election institutional positioning began in late 2024.

LiquidChain Is Catching the Attention of XRP holders: ChatGPT AI Predicts It’s the Next 100x

The rotation has already started. Most people just have not noticed where it is going.

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Large-cap crypto is not broken. It is just capped. Bitcoin, Ethereum, and XRP are all pressing against the same resistance bands they have been testing for weeks.

The macro relief that would unlock the next leg keeps getting delayed. The institutional inflows that were supposed to arrive keep getting pushed back. Sitting in assets where the upside depends entirely on catalysts outside your control is a strategy with a known ceiling.

The money that understands cycles does not wait at that ceiling. It moves before the next thing becomes obvious.

Early-stage infrastructure plays operate on fundamentally different math. The market cap is small enough that a relatively modest capital rotation produces dramatic price movement.

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The upside has not been priced in yet because the market has not fully discovered the project yet. That gap between what something is worth and what the market currently thinks it is worth is where the asymmetric returns come from.

Multi-chain fragmentation is one of the most persistent and costly problems in DeFi. Bitcoin, Ethereum, and Solana each run their own isolated liquidity infrastructure with no native way to connect them.

Every user who moves value between ecosystems pays for that disconnection in fees, slippage, and failed transactions. LiquidChain eliminates that cost entirely by collapsing all 3 networks into a single execution layer. One deployment. Full ecosystem access. No cross-chain tax on every interaction.

The presale is at $0.01454 with just over $700,000 raised. Ground floor is not a marketing phrase here. It is a description of where this actually sits in its lifecycle.

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Execution is unproven. Adoption is unknown. Those risks are real and worth naming directly. Established assets offer a smoother ride toward a ceiling that is already visible. This offers an earlier seat at a table that has not been set yet.

Explore the LiquidChain Presale

The post Sam Altman ChatGPT AI Predicts XRP Price For The Next 30 Days appeared first on Cryptonews.

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BlockDAG Builds Traction as Toncoin, Shiba Inu & Bonk Coin Show Uneven Market Signals

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BlockDAG Builds Traction as Toncoin, Shiba Inu & Bonk Coin Show Uneven Market Signals

The crypto market is moving through uneven momentum as different narratives compete for attention. Toncoin remains tied to its messaging-based ecosystem and steady network usage. Shiba Inu continues to rely on strong community participation and periodic meme-driven cycles across retail sentiment shifts. Bonk Coin tracks closely with Solana activity, often reacting quickly to broader ecosystem moves.

BlockDAG is drawing increased focus due to its now live Legacy Sale offering BDAG at a $0.00000044 price and a buyback program allowing holders to sell coins at $0.001 per coin. This is where the next big crypto discussion intensifies, as direction splits across utility, community, and sentiment-led assets. BlockDAG currently sits within a more active participation cycle compared to its peers.

1. BlockDAG: Live Legacy Sale Drives Buyback Program Access

The Legacy Sale is now live, allowing participants to access the Buyback Program through their dashboard after purchase by selecting “Sell Coins.”

There are two participation routes. Legacy Sale buyers can register their BDAG in the dashboard for the Buyback Program with no swap required. Existing holders may also participate by acquiring BDAG via BDAG SWAP at a discounted rate and sending tokens to the designated buyback wallet, subject to a daily submission cap per wallet.

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Eligible BDAG submitted under the Buyback Program will be repurchased, with payments made in USDT to the registered wallet by November 1, 2026. Proof-of-funds wallets have also been added to the “Sell Your BDAG” page for added transparency.

The next big crypto discussion often centers on assets where timing and access shape participation more than passive holding. In this case, attention is focused on the narrowing buyback window and how quickly conditions are expected to change within a short timeframe.

Overall, BlockDAG is experiencing a moment where urgency is driven by a clearly defined buyback adjustment, making timing a critical variable for those engaging with the current participation opportunity.

2. Toncoin: Price Holds Near $2 Range Stability

Toncoin is a blockchain asset within The Open Network ecosystem, primarily used for payments, staking, and network-based transactions. It has maintained steady visibility due to ongoing ecosystem activity and integration with messaging-based applications.

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Price movements have reflected broader market conditions, with periods of volatility followed by consolidation rather than sustained directional trends. Toncoin is currently trading in the approximate range of $2.00–$2.10, based on recent market data, with intraday fluctuations across exchanges.

In broader discussions around the next big crypto, Toncoin is often referenced due to its established position among large-cap assets and consistent network usage. Its price behavior continues to be shaped by market sentiment and overall crypto cycle movements rather than isolated momentum shifts.

3. Shiba Inu: Market Driven by Social Sentiment

Shiba Inu remains a widely recognized meme-based cryptocurrency, driven primarily by community participation, social sentiment, and periodic retail-driven interest. Within the next big crypto discussion, it is often referenced as an example of a sentiment-led asset that tends to move in short cycles rather than sustained trends.

Its ecosystem includes additional utility components, but price action continues to be influenced mainly by broader market mood and liquidity shifts across exchanges. Shiba Inu is currently trading around $0.0000055 USD, with minor fluctuations reflecting overall crypto market volatility. Despite cyclical movement patterns, it maintains consistent visibility due to its large holder base and active trading presence across major platforms.

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4. Bonk Coin: Volatility Driven by Solana Sentiment

Bonk Coin operates within the Solana ecosystem as a meme-driven token influenced heavily by community activity and broader network sentiment. Price action tends to respond quickly to shifts in liquidity and trading interest across the ecosystem.

Bonk Coin is currently trading around $0.0000055 USD, with short-term movement driven largely by speculative flows and overall market conditions. Within the next big crypto discussion, it is often referenced as part of Solana’s meme segment that experiences sharp but sentiment-led price cycles rather than steady directional trends.

Its behavior remains closely tied to retail engagement patterns, where momentum builds and fades in line with broader crypto market risk appetite.

The Bottomline

Toncoin continues to trade near the $2 level as it tracks broader market cycles, while Shiba Inu remains around $0.0000055 with movement shaped by shifting sentiment. Bonk Coin also holds near $0.0000055, reflecting fast reactions to Solana-driven liquidity changes. These assets remain active, but their direction largely follows the overall market rhythm rather than setting it.

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BlockDAG, however, is currently defined by timing sensitivity around its $0.001 buyback window, creating a clear focus on execution over waiting. At the same time, BDAG remains available at $0.00000044 with direct buyback program access and 30% off live swap access, adding another layer of participation interest.

This mix of structured timing and accessible entry points keeps BlockDAG in the next big crypto narrative as attention shifts toward assets where timing directly shapes opportunity. Momentum continues building as engagement tightens around its current window.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Outpoll Launches Global Prediction Market Platform Built Around Professional Trading Tools

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Outpoll Launches Global Prediction Market Platform Built Around Professional Trading Tools

Outpoll announced the global launch of its prediction market platform, a venue where users can trade on the outcomes of real-world events across politics, sports, crypto, and culture. The platform goes live as prediction markets have moved firmly into mainstream coverage, with the category reaching a multi-billion-dollar valuation tier and prices from these markets increasingly cited alongside polls and expert forecasts.

The Outpoll prediction market platform is built around a specific conviction: prediction markets have become a full trading category and deserve the same toolkit traders bring over from FX, crypto, and futures. Where the category historically optimized for casual participation, Outpoll’s prediction market platform treats the user as a trader from the first interaction.

The launch product covers six pillars. Take-profit and stop-loss orders are available on open positions, alongside both limit and market order types – standard equipment on most trading venues, and overdue in the prediction market category. A full public REST and WebSocket API ships with the platform, with documented Python examples covering automation of protective orders, real-time price monitoring, and integration with external infrastructure. Creator-led markets allow approved community leaders and subject-matter experts to launch and curate their own markets with platform-level oversight on quality and resolution. An integrated news section sits directly inside the trading interface, removing the gap between consuming a relevant headline and acting on it. The platform launches with a native Android application available on Google Play, with an iOS version on the roadmap. Multi-currency deposits with in-app conversion to USDC remove first-time friction for users funding their accounts.

Markets on the Outpoll prediction market platform are fully collateralized at the contract level, with positions settled in USDC. Resolution rules and authoritative sources are published before each market opens, with platform-level oversight ensuring markets resolve as defined. Trading fees are approximately 0.1% per trade, in line with industry norms, with no additional charges in the order flow. Onboarding uses a risk-based, trigger-driven KYC approach managed by a dedicated compliance team. The platform also operates a cashback program in which active traders receive Outpoll Token rewards credited to their accounts.

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Prediction markets earn their seat at the table by producing prices worth paying attention to. The Outpoll prediction market platform is built around the conviction that the more efficiently traders can express views, the more those prices are worth – and that the platforms which invest in serious tooling earliest will compound a structural advantage as the category matures.

About Outpoll

Outpoll is a global prediction market platform built for traders, forecasters, and audience-led communities. The platform is available globally with restrictions per Terms of Use. More information is available at outpoll.com, with full API reference at docs.outpoll.com/api and the Android application available on Google Play.

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Revolut Eyes Stablecoin Services Through Future US Bank

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Revolut Eyes Stablecoin Services Through Future US Bank

Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company’s US CEO, Cetin Duransoy.

Duransoy told the news service that customers of the bank, which is expected to launch next year, will have access to FDIC-insured accounts, multi-currency deposits, stock trading and cryptocurrency services. He said that Revolut plans to initially target retail and business customers with international banking needs, including those managing multiple currencies.

Revolut applied for a US national bank charter in March, which would allow the company to offer federally insured banking products nationwide under a single federal regulatory framework. 

That filing marked a change from the company’s earlier plans to acquire a US bank as part of its expansion strategy. Duransoy joined Revolut that same moont to lead its growth in the United States.

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Revolut is looking to get a US foothold in a stablecoin market that has grown to around $319.5 billion, up from about $247 billion a year ago, according to DefiLlama data.

Founded in 2015, Revolut offers digital banking, payments, investing and cryptocurrency products to more than 75 million customers globally, according to its website. Outside of the US, its customers are already able to use their bank cards to make payments with USDT and USDC Stablecoins.

Source: DefiLlama

Related: Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement

Stablecoins draw big interest from financial services providers

Revolut’s plans come amid a series of recent stablecoin launches by banks, fintech companies and payment providers as digital-dollar products move deeper into payments and banking services.

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In December, digital bank SoFi launched SoFiUSD, a dollar-backed token that enables customers to transact on the Ethereum and Solana networks through the company’s mobile app.

Last week, Falcon Finance introduced the stablecoin fUSD through Anchorage Digital’s regulated issuance platform. The token is backed by cash, repurchase agreements and short-term US government securities and is intended for institutional trading and treasury operations.

On Tuesday, MoneyGram introduced MGUSD in partnership with Bridge, Stripe’s stablecoin platform. The Stellar-based token is integrated into the MoneyGram app and can be used to hold and transfer dollar-denominated balances.

The activity has coincided with a broader push by fintech and digital asset companies to obtain federal banking approvals in the United States. This year, Nubank and Crypto.com received conditional approval to establish national banks, while Circle, Ripple, BitGo, Fidelity Digital Assets and Paxos secured similar approvals from the Office of the Comptroller of the Currency in late 2025.

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Source: Crypto.com

Magazine: Big Questions: Do we really only need 2–5 cryptocurrencies?

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