AI Summary
- The crypto industry is reacting to the announcement that U.S. Senator Cynthia Lummis, a prominent advocate for digital assets, will not seek reelection, raising concerns about future regulatory support.
- Recent analysis indicates that Bitcoin is showing signs of entering a bear market, driven by decreasing demand and significant ETF outflows, complicating the optimism surrounding its price stability.
- Instability within the market is underscored by the fact that Bitcoin's price struggles to hold above key thresholds, compounded by investors’ cautious reactions to macroeconomic data and uncertainties relating to interest rates.
- There is growing interest in the potential of stablecoins, with predictions suggesting they could surpass traditional banking transaction volumes by 2026, as regulatory frameworks begin to solidify.
- Institutional interest persists despite market volatility, highlighted by significant inflows into Bitcoin ETFs and a bullish outlook from major financial institutions, indicating a continued shift towards digital currency acceptance.
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Sources
Cointelegraph
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Crypto community ‘very sorry’ over Senator Lummis' reelection decision
2 hours ago
by Cointelegraph by Ciaran Lyons
Industry supporters said crypto "would not be where it is today" without US Senator Cynthia Lummis, who announced she would not seek reelection next year.
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Crypto market ‘isn’t scared enough’ to call a bottom yet: Santiment
6 hours ago
by Cointelegraph by Ciaran Lyons
Social media sentiment indicates Bitcoin is in a range where a drop below $75,000 is possible, according to Santiment founder Maksim Balashevich.
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Bitcoin's apparent demand shrinks, signals new bear market: Analysts
10 hours ago
by Cointelegraph by Vince Quill
Multiple factors, including ETF outflows, contracting demand, and price falling below key support levels, indicate the start of a BTC bear market.
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Sell Bitcoin for gold? Not so fast, one analyst says
11 hours ago
by Cointelegraph by Vince Quill
Bitcoin's fundamental properties make it a better long-term bet than gold, according to Bitcoin maximalist and analyst Matthew Kratter.
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Blockchain and no-code tools challenge AWS' dominance: Crypto exec
14 hours ago
by Cointelegraph by Vince Quill
Crypto and Web3 projects market themselves as decentralized but still rely on centralized cloud infrastructure to power applications.
CoinDesk
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Tom Lee responds to controversy surrounding Fundstrat’s differing bitcoin outlooks
10 hours ago
by Siamak Masnavi
Markets, Fundstrat, Bitcoin News, NewsA debate on X over seemingly conflicting bitcoin forecasts from Fundstrat analysts drew a response from Tom Lee, highlighting differing mandates and time horizons.
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Uniswap’s UNI Jumps 19% as governance vote to activate protocol fees opens
11 hours ago
by Siamak Masnavi
Markets, Uniswap, NewsUNI jumped after voting began on a proposal to activate Uniswap protocol fees, while broader crypto markets traded quietly.
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VanEck's new Avalanche ETF filing to include staking rewards for AVAX investors
12 hours ago
by Francisco Rodrigues
Finance, VanEck, Avalanche, AVAX, NewsThe fund will use Coinbase Crypto Services as its initial staking provider and pay a 4% service fee, with rewards accruing to the fund and reflected in its net asset value.
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Ethereum’s ‘Glamsterdam’ upgrade aims to fix MEV fairness
12 hours ago
by AI Boost
Tech, Ethereum News, Upgrade, NewsThe full scope of Glamsterdam has not yet been finalized, but developers are targeting it to go live in 2026.
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State of Crypto: Trying to figure out the market structure bill's prognosis
12 hours ago
by Nikhilesh De
Policy, Newsletters, State of Crypto, Market Structure Legislation, NewsWill we get this bill after all?
Decrypt
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Marshall Islands Test Crypto for Universal Basic Income as Cash and Banks Fall Short
11 hours ago
by André Beganski
DeFiThe Marshall Islands recently used Stellar to pay universal basic income, testing whether crypto can stand in for basic banking
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OpenAI, Microsoft Sued Over ChatGPT's Alleged Role in Connecticut Murder-Suicide
13 hours ago
by Jason Nelson
Artificial IntelligenceThe lawsuit alleges that OpenAI's ChatGPT reinforced delusions that preceded a fatal attack on a user’s mother.
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Crypto Industry Must Make Progress Before Trump Leaves Office: Etherealize Co-Founder
14 hours ago
by Ryan Gladwin
official-trump, Law and OrderPresident Trump is leading the crypto charge in Washington, but the industry could face backlash once he leaves office, Etherealize co-founder Danny Ryan told Decrypt.
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The 7 Largest Publicly Traded Ethereum Treasury Firms
16 hours ago
by Logan Hitchcock
Long ReadsPublicly traded firms are now stacking Ethereum, pulling in billions of dollars of ETH. These are the largest holders.
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Bitcoin Has Entered a Bear Market, Say Analysts—Here's Why
16 hours ago
by Jason Nelson
MarketsAs Bitcoin continues to languish below the $90,000 mark, CryptoQuant analysts are ready to call it: BTC has entered a bear market.
AMBCrypto
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‘Altcoin season isn’t gone’ – Why 2026 may be the year to watch
2 hours ago
by Samyukhtha L KM
Altcoin, Ethereum, News, News 1, Social, Trading View, ambcryptoWhy do some believe we’re already in altseason, even though most investors haven’t recognized it yet?
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Can Ethena hold $0.20 after 101M ENA flood exchanges?
4 hours ago
by Gladys Makena
Altcoin, News, News 1, Social, Trading View, ambcryptoEthena Labs deposited 101.79 million ENA worth $20.9 million to exchanges
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Canton Network surges on SEC-linked boost – Can CC extend gains?
6 hours ago
by Olayiwola Dolapo
Altcoin, News, News 1, Social, Trading ViewRegulatory clarity and partnerships fueled CC’s surge, but liquidity data hinted at near-term caution.
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Analyzing Ethereum’s price rebound as BlackRock shifts $109M in ETH
7 hours ago
by Vivaan Acharya
Altcoin, Ethereum, News, News 1, Social, Trading View, ambcryptoLarge ETH transfers surfaced after the rally, but conviction across markets stayed thin.
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Here’s how Euro stablecoins hit $1B despite weak hype
8 hours ago
by Samyukhtha L KM
News, News 1, Social, Stablecoins, Trading View, ambcryptoUSDC cross-chain transfers hit record highs with sped up transaction-driven growth.