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XRP Repeats a Warning Signal That Once Led to a 68% Drop
XRP Warns of a Major Breakdown as Historical Signals Resurface
XRP is once again at a critical crossroads. A combination of onchain data, weakening technical structure, and fresh ETF outflows is flashing a warning signal that traders have seen before — and it did not end well the last time it appeared. According to recent market intelligence, XRP’s current setup closely resembles the conditions that preceded a dramatic 68% price collapse in 2022, raising serious concerns about what may come next.
As XRP struggles to defend key psychological levels, investors are asking a pressing question: will bulls step in this time, or is history about to repeat itself?
A Familiar Onchain Pattern That Traders Fear
Recent data from Glassnode suggests that XRP’s onchain market structure is entering a dangerous phase. The current distribution of holders mirrors a setup observed in early 2022, a period that ultimately led to months of sustained downside.
At the heart of this warning is XRP’s cost-basis behavior. Short-term investors who entered the market within the last week to month are accumulating XRP below the cost basis of mid-term holders who bought between six and twelve months ago. This imbalance creates a fragile environment where newer buyers remain relatively comfortable, while mid-term holders are trapped in losing positions.
Over time, this gap builds psychological pressure. Investors who are underwater become increasingly likely to sell into any price rebound, creating persistent overhead resistance that prevents sustained upside momentum.
Lessons From 2022: Why This Signal Matters
The last time XRP displayed this exact onchain structure was in February 2022, when the token traded near $0.78. What followed was a slow but relentless decline that erased nearly 68% of its value, pushing XRP down to around $0.30 by mid-year.
Market analysts now warn that if XRP fails to reclaim critical support zones, a similar scenario could unfold. While the market environment today is different, investor behavior often repeats under pressure — especially when fear and uncertainty begin to dominate.
If current support levels weaken, projections suggest XRP could slide toward the $1.40 region, with deeper downside possible if selling accelerates.
Why the $2 Level Has Become a Psychological Battlefield
The $2 price level has emerged as one of the most important zones for XRP in recent months. Each attempt to reclaim this level since early 2025 has triggered massive realized losses, often ranging between $500 million and $1.2 billion on a weekly basis. This pattern reveals a clear behavioral trend: many holders are using rallies toward $2 as an opportunity to exit their positions.
As long as XRP remains below this threshold, selling pressure is likely to persist. The longer the price struggles under $2, the more confidence bears gain, and the more hesitant bulls become.
Historical price action reinforces this concern. In previous cycles, XRP repeatedly weakened key support levels through multiple retests before eventually breaking down. Once those levels failed, the decline accelerated rapidly.
Technical Structure Points to Deeper Risk
From a technical perspective, XRP’s recent move below its 50-day simple moving average signals a shift in momentum. This breakdown suggests that bears are regaining control, opening the door for a potential move toward lower support zones around $1.25 or even closer to the 200-week moving average near $1.03.
In 2022, XRP followed a nearly identical trajectory. After losing a long-held support level, price cascaded downward until it found temporary relief near its long-term moving average. Traders now fear that the current structure may be setting up for the same outcome if buyers fail to act decisively.
ETF Outflows Add to the Bearish Narrative
Adding further pressure to XRP’s outlook is the behavior of spot XRP exchange-traded funds. Recently, XRP ETFs recorded their second-ever day of net outflows since launch, with more than $53 million exiting the market in a single session. This marked the largest outflow event so far, surpassing the previous record set earlier in the year.
ETF flows often serve as a proxy for institutional sentiment. When capital begins to leave these products, it suggests that larger players are growing cautious or reducing exposure, which can amplify downside volatility in the broader market.
Navigating XRP Volatility With Smarter Tools
In times of heightened uncertainty, risk management becomes more important than ever. Many traders are turning to advanced platforms like BYDFi, which offers professional trading tools, deep liquidity, and flexible risk-control features tailored for volatile crypto markets.
BYDFi allows traders to monitor price action across multiple timeframes, manage leverage carefully, and react quickly to market shifts. For those navigating XRP’s current turbulence, having access to a reliable and fast trading environment can make a meaningful difference.
Whether traders are hedging downside risk or positioning for a potential rebound, platforms like BYDFi provide the infrastructure needed to adapt to rapidly changing conditions.
Final Thoughts: Will History Repeat or Will Bulls Defend?
XRP is approaching a decisive moment. The convergence of bearish onchain signals, weakening technical structure, and ETF outflows paints a cautious picture. While history does not always repeat perfectly, it often rhymes — and the similarities to 2022 are difficult to ignore.
If bulls manage to reclaim and hold the $2 level, confidence could return and invalidate the bearish scenario. However, failure to do so may invite a deeper correction, testing the resolve of long-term holders once again.
For now, all eyes remain on XRP’s key support zones, as the market waits to see whether this warning signal becomes just another false alarm — or the beginning of a much larger move.
2026-01-26 · 8 days ago0 045Will XRP price double again as latent buy pressure threatens shorts?
Will XRP Price Double Again as Hidden Buying Pressure Builds?
XRP is once again under the spotlight as traders debate whether history is about to repeat itself. After months of sideways movement and heavy downside pressure, derivatives data is flashing signals that closely resemble conditions seen before XRP’s most explosive rallies. While price action remains subdued for now, a growing imbalance beneath the surface suggests that short sellers may be underestimating the risk ahead.
Negative Funding Rates Reveal a Crowded Trade
Over the past two months, XRP funding rates on major exchanges have remained consistently negative. This indicates that a large portion of leveraged traders are positioned for further downside, paying a premium to maintain their short exposure. Historically, such conditions have not been sustainable for XRP.
Similar funding environments appeared ahead of sharp rebounds in previous cycles. In mid-2024, negative funding preceded a rally of roughly 50%, while in early 2025, the same setup was followed by a surge of more than 100%. These patterns suggest that excessive pessimism among derivatives traders has often created the foundation for aggressive upside moves.
How Falling Prices Created Latent Buy Pressure
The current bearish bias emerged after XRP suffered a steep decline from its multi-year high near $3.66, losing roughly half of its value. That correction reinforced negative sentiment and encouraged traders to pile into short positions. However, this collective positioning may now be working against the bears.
When shorts accumulate at scale, they create what analysts describe as latent buying pressure. As price begins to rise, even modestly, these short positions can be forced to close, triggering liquidations that convert selling pressure into rapid buying. This dynamic has repeatedly fueled XRP’s strongest rallies over the past two years.
Why the $2 Zone Matters More Than Ever
XRP recently rebounded from the lower boundary of its long-standing trading range, stabilizing around the $1.80 to $2.00 area. This zone has acted as a critical inflection point throughout 2025, serving as the launchpad for XRP’s last major rally toward $3.66.
Despite this bounce, the $2 level remains psychologically and technically decisive. Previous retests of this area were often accompanied by large realized losses, indicating that many holders chose to exit rather than accumulate. For the bullish thesis to regain strength, XRP must not only hold this support but reclaim higher levels with conviction.
Technical Levels That Define the Bullish and Bearish Paths
From a broader technical perspective, XRP’s outlook hinges on its ability to reclaim key moving averages. A sustained move above the $2.22 region would signal that buyers are regaining control and could open the door to a renewed push higher. Failure to do so, however, would leave XRP vulnerable to a deeper pullback toward longer-term support levels near $1.40.
This tension between structural support and overhead resistance explains why the market feels compressed. Volatility is being stored, and once released, it is unlikely to be subtle.
Where Traders Are Positioning for the Next Move
As uncertainty persists, many traders are turning to advanced platforms such as BYDFi to monitor funding rates, open interest, and derivatives positioning in real time. Access to these metrics is becoming increasingly important as XRP approaches a potential turning point, where shifts in sentiment can trigger rapid and outsized price moves.
BYDFi’s derivatives tools allow traders to assess whether negative funding is easing or intensifying, offering valuable insight into whether short pressure is reaching exhaustion or preparing for another wave.
Can XRP Really Double Again?
The idea of XRP doubling in price may sound ambitious, but it is not without precedent. Past cycles have shown that when negative funding persists for extended periods and price holds critical support zones, upside reversals can be swift and violent. Still, this outcome depends on XRP maintaining the $1.80–$2.00 region and attracting fresh spot demand.
If support breaks decisively, the latent-buying-pressure thesis weakens considerably, shifting the balance back in favor of the bears. Until then, the risk remains asymmetrically skewed against overconfident short sellers.
Final Outlook
XRP’s current setup reflects a familiar narrative. While price remains under pressure, derivatives data suggests that the market may be leaning too heavily in one direction. Negative funding rates, compressed price action, and historical precedent all point to the possibility of another sharp move if conditions align.
Whether XRP ultimately doubles again will depend on how it behaves around key technical levels in the coming weeks. For now, one thing is clear: as hidden buying pressure builds, shorts may be standing closer to danger than they realize.
2026-01-28 · 6 days ago0 024Crypto Whales Hunt Gold as Prices Reach Decade-High
Crypto Whales Turn to Gold as Bitcoin Hits a Rare Stall
As Bitcoin struggles to find momentum, crypto whales are increasingly turning their attention to gold, creating a fascinating intersection between traditional safe-haven assets and the digital economy. Recent blockchain data shows a surge in tokenized gold withdrawals from major centralized exchanges, signaling that high-net-worth crypto investors are hedging during uncertain macroeconomic conditions.
Massive Gold Moves Spark Attention
On January 27, blockchain analytics firm Lookonchain flagged three wallets that collectively withdrew around $14.33 million in tokenized gold from exchanges such as Bybit, BYDFi , and MEXC. One wallet alone pulled 1,959 XAUT, valued at nearly $10 million, while others moved smaller but still significant amounts of XAUT and PAXG.
These tokenized assets track the price of gold rather than represent immediate physical delivery. However, their movement carries a clear message: crypto whales are seeking safety within the ecosystem without needing to exit digital channels.
The timing is notable. Spot gold has surged past $5,000 an ounce, attracting defensive capital, while Bitcoin has remained largely range-bound, trading near $88,125—up only 0.28% since the start of 2026. This divergence underlines a tactical approach: hedge in gold first, while Bitcoin waits for a favorable macro catalyst.
Tokenized Gold: Crypto’s On-Chain Safe Haven
The growing interest in tokenized gold is redefining how crypto investors hedge risk. Unlike traditional gold purchases, these tokenized assets allow investors to stay entirely within crypto rails, buying and moving gold on-chain without cashing out into fiat. This speed, flexibility, and familiarity are key advantages for whales who want security but remain embedded in digital markets.
Large exchange withdrawals often indicate intent to hold long-term rather than engage in short-term speculation. This aligns with the broader market trend: gold is rallying, with spot prices climbing 64% in 2025 and another 18% year-to-date into January 2026. Even major stablecoin issuers, like Tether, added 27 metric tons of gold to their reserves in late 2025, reflecting a growing acceptance of gold as a crypto-native hedge.
Bitcoin Stalls Amid ETF Outflows
While gold surges, Bitcoin’s slower movement is less about sentiment and more about market flows. Weekly reports from Bitwise Europe showed net outflows of $1.811 billion from global crypto ETPs, with over $1.1 billion from Bitcoin-specific products. Even US-listed Bitcoin ETFs recorded net outflows of $1.324 billion over the same period.
These outflows suppress incremental demand, meaning price stagnation does not reflect a lack of conviction but rather a flow-driven pause. Derivatives data supports this, with a three-month annualized basis near 4.8% and options skew leaning toward downside protection—a clear sign of risk management rather than a crowded long position.
Meanwhile, the Crypto Fear and Greed Index has swung back to fear after a brief January surge, highlighting the cautious sentiment dominating the market. A “maximum pain” stress channel between $75,000 and $81,000 for Bitcoin further illustrates how hedgers navigate downside risk when liquidity is thin.
Understanding the Sequencing of Gold and Bitcoin
The narrative emerging from these flows is not one of abandonment but strategic sequencing. Gold is the immediate safe-haven during risk-off periods, while Bitcoin may take the spotlight later when macro conditions favor liquidity and risk appetite.
The macro picture explains this rotation. Persistent geopolitical tensions, central bank gold purchases, and debates over reserve diversification have all contributed to gold surpassing the US dollar as the largest global reserve asset. In this context, investors diversify across bullion and Bitcoin, but timing and objectives differ: gold for stability, Bitcoin for potential upside during reflation or liquidity surges.
Wall Street asset managers are increasingly formalizing this relationship. Crypto-focused firms like Bitwise and Proficio Capital Partners recently launched an ETF bundling gold, metals, and Bitcoin, providing investors structured exposure to non-fiat assets and reinforcing the gold-first, Bitcoin-later strategy.
Could Bitcoin Be Poised for the Next Leg Up?
Some models suggest the next phase may favor Bitcoin, driven by relative value and liquidity rather than its status as a safe haven. Analysts at Bitwise Europe note that the BTC-to-gold ratio is at a minus-2-standard-deviation extreme relative to global money supply, a level not seen since 2015. Historical cycles indicate that BTC/Gold bear markets typically last around 14 months, and the current cycle has already reached this duration.
If flows reverse—from ETF outflows to inflows—Bitcoin could reconnect with gold’s momentum, and predictions point to potential prices above $125,000. The rotation would signal that risk appetite has returned and the market is ready to embrace Bitcoin as a high-convexity, trustless store of value.
Gold Sets the Stage, Bitcoin Awaits
For now, gold dominates the hedge narrative. Its historical stability, lower volatility, and central-bank support make it the go-to asset in a fear-driven market. Bitcoin, with its self-custody architecture and trustless design, is positioned as the next phase of macro hedging, waiting for the liquidity and market sentiment to shift.
Crypto whales are signaling a methodical approach: secure the present with gold, prepare for the future with Bitcoin. Understanding this sequencing may be key for traders and investors looking to navigate risk, maximize opportunities, and stay ahead in the ever-evolving intersection of digital and traditional finance.
2026-02-02 · a day ago0 015Obscure Laws Stall US Bitcoin Reserve, Says White House Crypto Council Director
Obscure Laws Continue to Delay the Creation of a US Bitcoin Reserve
A Strategic Idea Trapped Inside Legal Complexity
The concept of the United States establishing a national Bitcoin reserve has evolved from a fringe discussion into an official government initiative. Yet, despite growing political acknowledgment and increasing global interest in Bitcoin as a strategic asset, the plan remains stalled. According to Patrick Witt, Director of the White House Crypto Council, the delay has little to do with political resistance and everything to do with complicated and often overlooked legal frameworks.
In recent remarks, Witt confirmed that multiple federal agencies are actively engaged in discussions about the reserve. However, conflicting legal authorities and outdated statutory provisions continue to slow progress. What seems like a simple decision from the outside quickly becomes a maze once federal law and agency mandates are examined in detail.
Inside the White House Crypto Council’s Struggle
Witt revealed that agencies such as the Department of Justice and the Office of Legal Counsel are deeply involved in evaluating whether existing laws allow the government to formally establish and manage a Bitcoin reserve. Each agency operates under strict legal boundaries, many of which were written long before digital assets existed.
The challenge lies in determining which agency has the legal authority to hold Bitcoin, how it should be classified on federal balance sheets, and whether current laws permit long-term custody of a decentralized asset. These obscure provisions, as Witt described them, have become the main obstacle rather than political disagreement.
Despite the complexity, Witt stressed that the initiative remains active and has not been abandoned.
Trump’s Executive Order: A Historic Yet Limited Step
In March 2025, President Donald Trump signed an executive order that formally created a Strategic Bitcoin Reserve alongside a broader Digital Asset Stockpile. This move marked the first time Bitcoin was recognized at the executive level as a potential strategic reserve asset.
The order required the federal government to retain all Bitcoin already in its possession and explicitly prohibited selling those holdings. However, it also placed strict limitations on how the reserve could grow. The government was only allowed to add Bitcoin obtained through asset forfeiture cases, effectively banning direct market purchases.
While symbolic and historic, the order failed to satisfy much of the Bitcoin community, which had expected a more aggressive and forward-looking accumulation strategy.
Why Bitcoin Supporters Felt Let Down
For many Bitcoin advocates, the announcement felt incomplete. A reserve that relies solely on seized assets lacks the strategic intent associated with national reserves like gold or foreign currencies. Critics argue that refusing to acquire Bitcoin on the open market undermines the credibility of the entire initiative.
Bitcoin maximalist voices were particularly vocal. Some claimed that the administration’s approach reflected caution bordering on avoidance, suggesting that Washington was unwilling to fully commit to a fixed-supply asset that exists outside traditional monetary control.
The disappointment intensified when a long-anticipated digital asset policy report released in mid-2025 made no meaningful reference to expanding the Bitcoin reserve. For many investors, this confirmed fears that progress was largely symbolic.
Treasury Signals a Possible Shift in Strategy
Momentum briefly returned in August 2025 when US Treasury Secretary Scott Bessent proposed the idea of acquiring Bitcoin through budget-neutral strategies. These approaches would allow the government to accumulate BTC without increasing the national deficit or burdening taxpayers.
Such strategies could involve reallocating existing reserve assets, converting portions of traditional holdings into Bitcoin, or using gains from revalued metals reserves to fund purchases. Although no official plan has been implemented, the proposal reopened serious discussion about whether the US could become an active participant in Bitcoin markets.
If adopted, this approach could dramatically reshape global perceptions of Bitcoin’s role in sovereign finance.
Why a US Bitcoin Reserve Would Change Everything
A fully operational US Bitcoin reserve would represent a turning point not only for cryptocurrency markets but for the global financial system. It would signal that Bitcoin has matured beyond speculation and is now considered a legitimate strategic asset by the world’s largest economy.
Such a move could accelerate adoption by other governments, encourage institutional inflows, and further legitimize Bitcoin as digital gold. Traders and investors following these developments often turn to platforms like BYDFi, which provides access to spot trading, derivatives, and advanced risk-management tools suited for navigating policy-driven market shifts.
As governments explore tokenization, blockchain infrastructure, and digital asset reserves, Bitcoin remains the most widely recognized and decentralized option available.
Legal Barriers Versus Market Reality
While lawmakers debate legal interpretations, the Bitcoin market continues to evolve independently. Institutional adoption grows, global liquidity increases, and nation-states quietly explore digital asset strategies of their own. This widening gap between regulatory pace and market reality highlights a recurring theme in Bitcoin’s history.
The laws slowing progress today were written for a financial system that never anticipated decentralized digital money. Updating those frameworks is proving far more difficult than embracing the idea itself.
What Comes Next for America’s Bitcoin Ambitions
For now, the Strategic Bitcoin Reserve remains in a transitional phase. Interagency negotiations continue, legal opinions are being reviewed, and policymakers search for viable pathways that align innovation with existing law.
Whether the United States ultimately embraces Bitcoin as a true reserve asset or limits its role to symbolic holdings will have lasting implications. One thing is already certain: Bitcoin is no longer ignored in Washington. The debate has moved from theory to execution, even if the law is struggling to keep pace.
As the world watches closely, the outcome of this effort may define how digital assets are integrated into national financial strategies for decades to come.
2026-01-23 · 11 days ago0 030Traveling? Public Evil Twin WiFi Could Compromise Your Crypto Accounts
Traveling With Crypto? How Evil Twin WiFi Can Empty Your Wallet
After a long international flight, exhaustion sets in quickly. Your phone battery is low, your mobile data isn’t working yet, and the airport offers what looks like a lifesaver: free WiFi. You connect without hesitation, log into an exchange, and move some crypto while waiting for your luggage. Everything seems fine — until hours later, when your funds are gone.
This is not bad luck. This is how an Evil Twin WiFi attack works.
Public WiFi has become one of the most underestimated threats to crypto holders, especially for travelers. As digital assets become more valuable, attackers are increasingly targeting moments when users are tired, rushed, or disconnected from their usual security habits.
What Is an Evil Twin WiFi Network?
An Evil Twin is a fake wireless network designed to look identical to a legitimate one. Hackers clone the name of real WiFi networks found in airports, hotels, cafés, and conference venues. When your device connects, it unknowingly hands control of its internet traffic to the attacker.
From that moment, anything you do online can potentially be monitored, intercepted, or manipulated. The danger does not come from breaking encryption directly, but from quietly positioning the attacker between you and the internet.
Security researchers have confirmed that these attacks are especially common in high-traffic travel locations, where people expect free internet and rarely stop to verify its authenticity.
Why Crypto Users Are Prime Targets While Traveling
Crypto transactions are irreversible. Once funds are transferred, there is no bank to call and no chargeback to request. Attackers know this, which is why crypto users are particularly attractive victims.
When connected to a fake WiFi network, attackers may not instantly steal your funds. Instead, they wait for a mistake. A login page that looks legitimate. A prompt asking you to re-authenticate. A fake security update. In some cases, users are even tricked into entering their seed phrase, believing it is required to “restore” access.
Even without direct access to a wallet’s private keys, attackers can still cause serious damage. Stolen exchange credentials, email access, or two-factor authentication codes can be enough to drain centralized accounts within minutes.
Fake Login Pages: The Real Weapon Behind Evil Twins
The most dangerous part of an Evil Twin attack is not the WiFi itself, but what comes after. Once connected, victims are often redirected to counterfeit login pages that perfectly imitate popular exchanges or wallet services.
These pages are designed to exploit trust and fatigue. When you are jet-lagged, stressed, or in a hurry, subtle warning signs are easy to miss. A slightly altered URL, an unexpected verification request, or a sudden session expired message can feel routine — but they are often traps.
Attackers rely on social engineering, not advanced hacking. They succeed when users act without double-checking.
Why Public WiFi Alone Doesn’t Automatically Mean You’re Hacked
Connecting to public WiFi does not instantly compromise your crypto. The real danger appears when sensitive actions are taken while connected. Logging into exchanges, approving wallet connections, signing transactions, or changing security settings significantly increases risk.
This is why experienced traders avoid handling serious crypto operations on unknown networks. Even reputable platforms with strong security measures cannot protect users from voluntarily handing credentials to fake interfaces.
Trusted exchanges such as BYDFi, which emphasizes account protection, risk control systems, and secure infrastructure, still advise users to access accounts only through verified networks and official domains. Platform security is strongest when combined with smart user behavior.
How Travelers Can Reduce Crypto Risk Without Becoming Paranoid
The safest approach is behavioral discipline. Many security incidents happen not because systems fail, but because people make rushed decisions. Avoiding high-value transactions while traveling dramatically lowers exposure.
Some experienced crypto users separate their funds into multiple layers. Long-term holdings stay untouched. A secondary wallet is used for travel, containing only limited funds. A small hot wallet handles daily payments or minor interactions. This structure ensures that even if something goes wrong, losses remain controlled.
Using personal mobile hotspots, disabling automatic WiFi connections, and confirming network names directly with venue staff also reduce the chance of connecting to a malicious access point.
When You Have No Choice but to Use Public WiFi
Sometimes, public WiFi is unavoidable. In these cases, encryption becomes critical. A trusted VPN can help protect data by encrypting traffic before it reaches the network. However, VPNs are not magic shields. They reduce risk, but they do not prevent phishing or fake login pages.
Users should always access exchanges and trading platforms through bookmarked URLs or by manually typing the domain. Clicking ads or search engine results while on public WiFi increases exposure to spoofed websites.
Most importantly, no legitimate service will ever ask for a seed phrase. Not during login, not during verification, and not during support interactions. Any such request is a scam — without exception.
Crypto Conferences and Hotels: A Growing Blind Spot
Security professionals have also raised concerns about crypto conferences and hotels. These locations concentrate high-value targets in a single area, often using shared networks. Attackers know this and adjust their tactics accordingly.
Recent incidents shared on social media show how easily a combination of public WiFi, fake prompts, and small mistakes can lead to drained wallets. Even when an Evil Twin network is not directly involved, the environment itself creates opportunities for deception.
The Takeaway: Awareness Is the Best Defense
Evil Twin attacks succeed not through technical brilliance, but through timing and psychology. They target moments of distraction, urgency, and fatigue — conditions that travelers experience daily.
Protecting crypto while traveling is less about fear and more about habits. Limiting sensitive actions, using secure platforms like BYDFi responsibly, verifying every connection, and maintaining wallet separation can mean the difference between a safe journey and a costly mistake.
In crypto, convenience is often the enemy of security. When you’re on the road, slowing down may be the most valuable protection you have.
2026-01-23 · 11 days ago0 053Crypto Executives Divided on CLARITY Act After Coinbase Exit
Crypto Industry Divided Over CLARITY Act as Coinbase Withdraws Support
The U.S. crypto industry finds itself at a crossroads as the controversial CLARITY Act faces renewed scrutiny in Washington. Tensions are rising between crypto executives and lawmakers, revealing a sharp split on how best to regulate digital assets while fostering innovation. The debate comes amid the high-profile withdrawal of support from Coinbase, the nation’s largest cryptocurrency exchange, which cited serious concerns about the bill’s current draft.
Coinbase Breaks Ranks
Coinbase CEO Brian Armstrong made headlines when he publicly stated that his firm could not support the legislation in its present form. Armstrong outlined a series of issues he said made the bill materially worse than the current status quo. Key concerns included restrictions on tokenized equities, potential prohibitions on DeFi platforms, expansive government access to financial records, and measures that could undermine privacy and innovation. He emphasized that the draft’s treatment of stablecoin rewards and banking competition also posed serious risks to the ecosystem.
While Armstrong acknowledged the Senate’s efforts to craft a bipartisan compromise, he stressed that we’d rather have no bill than a bad bill, signaling that Coinbase will not lend its backing until the legislation better aligns with industry needs.
Supporters Still See Progress
Despite Coinbase’s withdrawal, other crypto leaders remain cautiously optimistic. Chris Dixon, managing partner at a16z Crypto, noted that the bill lays the foundation for clear regulatory guidance, which the industry has long sought. Dixon highlighted that both major political parties and previous administrations have worked with crypto innovators to safeguard decentralization, protect developers, and provide fair opportunities for entrepreneurs. He believes that, while imperfect, the CLARITY Act could help the U.S. maintain its leadership in digital asset innovation.
Peter Van Valkenburgh, executive director of Coin Center, echoed this sentiment, stating that the current draft “represents a positive step forward” and expressed hope that further amendments would strengthen the bill while protecting innovation and investor rights.
Lawmakers Face Industry Pushback
The Senate Banking Committee’s delay in marking up the CLARITY Act reflects the complexity of balancing regulatory clarity with the needs of the fast-growing digital asset sector. Lawmakers must navigate divergent perspectives, with some executives advocating for stricter rules to protect consumers, while others, like Coinbase, fear that overly restrictive measures could stifle innovation and drive crypto activity offshore.
Industry lawyers and venture capitalists have weighed in on both sides. Jake Chervinsky, a prominent crypto attorney, emphasized that markup sessions and Senate floor debates offer opportunities to refine the legislation, and urged stakeholders to push for the “best possible version” rather than abandoning efforts altogether. Meanwhile, Tim Draper, veteran venture capitalist, sided with Armstrong, warning that the compromise, as currently written, appears heavily influenced by banking interests and could be worse than no legislation at all.
Market Reaction and Bitcoin Resilience
Despite the political turmoil, cryptocurrency markets appear largely unfazed. Bitcoin’s recent price movements demonstrate resilience, with the flagship asset topping $97,600 before cooling slightly. Industry insiders note that digital assets often anticipate regulatory outcomes, pricing in potential market changes ahead of official decisions.
Gracie Lin, CEO of OKX Singapore, pointed out that Bitcoin’s rally coincides with renewed demand for spot ETFs, growing liquidity, and optimism that a clearer regulatory framework could stabilize U.S. digital asset markets. She highlighted three critical factors for the market moving forward: how the CLARITY Act evolves through the Senate Banking Committee, the resilience of spot ETF flows, and the Federal Reserve’s late-January meeting, which could either support or reset financial conditions.
The Road Ahead for U.S. Crypto Regulation
The CLARITY Act controversy underscores the delicate balance lawmakers face in regulating a rapidly evolving sector. On one hand, clear rules of the road are essential for fostering innovation and attracting investment. On the other, missteps could inadvertently stifle the very technologies the U.S. hopes to lead globally. As debates continue, the crypto community watches closely, aware that the final outcome could shape the industry’s trajectory for years to come.
The divide between Coinbase and other crypto leaders highlights the stakes involved. Whether the CLARITY Act emerges as a transformative framework or a cautionary tale, it is clear that regulatory decisions in Washington will have far-reaching implications for investors, developers, and users alike.
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2026-01-19 · 15 days ago0 085Crypto Price Predictions 1/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH
Market Volatility Returns as Global Tensions Shake Risk Assets
The crypto market entered a fragile phase at the start of the week, as renewed trade tensions between the United States and several European countries reignited fears of a global risk-off environment. This shift in sentiment has not only affected digital assets but also traditional markets, with traders turning cautious and reducing exposure to volatile instruments.
Bitcoin and major altcoins have given back a portion of their recent gains, while safe-haven assets such as gold and silver surged to new all-time highs. Despite the short-term pressure, long-term market participants remain optimistic, viewing the current pullback as a necessary reset rather than a structural breakdown.
Against this backdrop, let’s take a closer look at the technical outlook for the S&P 500, the US Dollar Index, and the top cryptocurrencies shaping the market narrative.
S&P 500 Faces Resistance as Bulls Defend Key Levels
The S&P 500 Index continues to struggle near the psychological 7,000 level, where selling pressure has intensified. While bears are clearly active at these highs, the index has not seen aggressive downside follow-through, suggesting that buyers are still present beneath the surface.
As long as prices remain above short-term moving averages, the broader uptrend remains intact. A deeper correction could emerge if sellers force a break below medium-term support, potentially opening the door to a sharper pullback. However, if buyers regain control and push decisively above 7,000, the index could accelerate toward higher historical targets, reinforcing risk appetite across global markets.
US Dollar Index Caught Between Buyers and Sellers
The US Dollar Index recently attempted to reclaim strength by moving above its key moving average, but upside momentum quickly faded as sellers stepped in. This hesitation reflects the broader uncertainty in macro markets, where investors are balancing geopolitical risks against expectations of future monetary policy.
If the dollar weakens again, it may remain trapped within a broad consolidation range for some time. On the other hand, a strong rebound would signal renewed confidence in the greenback, potentially adding pressure to both equities and cryptocurrencies in the short term.
Bitcoin Struggles Near Support as Traders Turn Defensive
Bitcoin remains under pressure as uncertainty dominates market psychology. The leading cryptocurrency has pulled back toward a crucial support zone that traders are closely monitoring. While selling pressure has been persistent, the structure still suggests consolidation rather than a full trend reversal.
Some analysts argue that Bitcoin is temporarily lagging behind gold, which has benefited from the risk-off environment. According to long-term network models, BTC and gold may ultimately move in the same direction, albeit on different timelines. A strong bounce from current levels could reignite momentum toward six-figure price targets, while a breakdown would likely keep Bitcoin range-bound for the coming weeks.
For traders seeking flexibility during volatile conditions, platforms like BYDFi offer advanced charting tools, multiple order types, and access to both spot and derivatives markets, making it easier to navigate uncertain price action.
Ethereum Waits for a Breakout as Indecision Persists
Ethereum continues to trade within a tightening range, reflecting growing indecision among market participants. Neither bulls nor bears have managed to assert dominance, resulting in compressed volatility that often precedes a major move.
A confirmed breakout to the upside could send Ether toward higher resistance zones and restore confidence across the altcoin market. Conversely, a breakdown below support would likely extend the consolidation phase, delaying any meaningful recovery. Until a clear direction emerges, traders remain cautious, favoring short-term strategies over long-term commitments.
XRP Loses Momentum as Bears Reassert Control
XRP has shown signs of renewed weakness after slipping below a critical technical level. This move has emboldened sellers, who are now attempting to push the price toward a well-defined support area.
If buyers manage to defend this zone, XRP could remain locked in its broader trading channel. However, a decisive breakdown would significantly increase downside risk, potentially triggering a sharper sell-off. A sustained move above descending resistance would be required to shift the outlook back in favor of the bulls.
BNB Tests Market Confidence After Failed Breakout
BNB has retreated after failing to hold above a key breakout level, signaling hesitation among buyers. While demand has appeared at lower prices, sellers continue to cap upside attempts.
A strong recovery above nearby resistance would revive bullish momentum and open the door to higher price targets. If selling pressure intensifies, however, BNB could revisit deeper support zones, testing the patience of longer-term holders.
Solana Enters Consolidation as Momentum Fades
Solana has cooled off after being rejected at a major resistance level, sliding back toward its mid-range support. The flattening of technical indicators suggests a period of sideways movement, as traders wait for a clearer signal.
A breakout above resistance could reignite interest and attract fresh capital, while a breakdown below support would expose Solana to a much deeper correction. Until then, range trading remains the dominant theme.
Dogecoin Clings to Support Amid Market Weakness
Dogecoin has found temporary relief at a key support level, where buyers have stepped in to absorb selling pressure. Despite this defense, upside progress remains limited by overhead resistance.
If buyers can reclaim key moving averages, DOGE may continue oscillating within its established range. Failure to hold support, however, would likely signal a continuation of the broader downtrend, increasing downside risk.
Cardano Approaches Critical Support Zone
Cardano has drifted lower after losing key technical levels, bringing price dangerously close to an important support area. A strong rebound could reignite bullish attempts and shift momentum back toward recovery.
Should this support fail, Cardano may slide toward the lower boundary of its long-term channel, where buyers are expected to mount a defense. Market sentiment around ADA remains cautious but not decisively bearish.
Bitcoin Cash Weakens as Bears Take the Lead
Bitcoin Cash has shown increasing signs of weakness, with momentum indicators favoring sellers. Recent attempts to recover have been met with selling pressure, suggesting that bears remain in control.
A decisive move higher would be needed to invalidate the bearish setup and restore confidence. Until then, the risk of further downside remains elevated, particularly if broader market sentiment continues to deteriorate.
While the current market environment is defined by uncertainty and geopolitical tension, long-term prospects for both traditional and digital assets remain intact. Periods like this often separate emotional traders from disciplined investors.
For those looking to stay active despite volatility, using a reliable and versatile trading platform such as BYDFi can provide the tools needed to manage risk, explore multiple strategies, and stay prepared for the next major move in the market.
2026-01-26 · 8 days ago0 050Pendle Revamps Governance Token to Address Low User Adoption
Pendle Unveils a New Governance Era as sPENDLE Replaces vePENDLE
Decentralized finance protocol Pendle is entering a new phase of its evolution after announcing a major overhaul of its governance model, replacing the long-standing vePENDLE token with a new, more flexible asset called sPENDLE. The change comes as the team acknowledges that, despite Pendle’s impressive growth, its previous governance design failed to achieve broad user participation.
The transition marks one of the most significant tokenomic updates in Pendle’s history and reflects a wider trend across DeFi: simplifying governance, improving liquidity, and lowering barriers for everyday users.
Why Pendle Is Moving Away From vePENDLE
Pendle’s original governance system was built around vePENDLE, a vote-escrow token that required users to lock their PENDLE for long periods of time. While the model was intended to encourage long-term alignment with the protocol, it ultimately created friction for most participants.
According to the Pendle team, long lock-up durations, non-transferability, and limited interoperability made vePENDLE unattractive to a large segment of users. Governance participation also required weekly engagement and a deep understanding of DeFi mechanics, which concentrated rewards among a small group of advanced participants.
This complexity became increasingly misaligned with Pendle’s expanding user base and growing total value locked, prompting the team to rethink how governance and incentives should function.
Introducing sPENDLE: A More Liquid Governance Token
The newly announced sPENDLE token is designed to address these shortcomings by introducing liquidity and flexibility into Pendle’s governance framework. Unlike vePENDLE, sPENDLE is a liquid staking and governance token that allows holders to exit their position with a 14-day withdrawal period, or immediately by paying a small fee.
This shift removes the psychological and financial burden of long-term lock-ups, making governance participation more accessible to both retail users and institutions. The Pendle team believes that lowering exit friction will significantly improve adoption and engagement across the ecosystem.
Staking for sPENDLE is set to go live shortly, while new vePENDLE locks will be paused ahead of a snapshot that will facilitate the transition.
Interoperability and DeFi Integration Take Center Stage
One of the most critical limitations of vePENDLE was its lack of interoperability. Because the token was non-transferable, it could not be used across other DeFi platforms, limiting its utility beyond Pendle’s own ecosystem.
sPENDLE changes that dynamic entirely. The new token is designed to integrate with multiple DeFi protocols, opening the door to use cases such as restaking, composable yield strategies, and broader liquidity participation. This aligns Pendle with a growing movement toward modular DeFi, where assets are expected to function seamlessly across platforms.
For traders and investors who already operate across multiple ecosystems, this change significantly increases the attractiveness of holding PENDLE.
A Simpler Governance Model Focused on Real Decisions
Pendle is also redesigning how governance itself works. Under the new structure, token holders will no longer be required to participate in weekly votes to remain eligible for rewards. Instead, governance participation will focus only on major protocol decisions, known as Pendle Protocol Proposals.
When no critical proposal is active, holders will automatically remain eligible for governance rewards without taking any action. This approach aims to strike a balance between meaningful decentralization and user convenience, ensuring that governance rewards are no longer limited to a small, highly technical minority.
Revenue Buybacks and Long-Term Incentives
To further strengthen the new model, Pendle plans to allocate up to 80% of its protocol revenue toward PENDLE token buybacks, which will then be distributed as governance rewards. This mechanism directly links protocol performance to token holder incentives, reinforcing long-term alignment without forcing users into rigid lock-ups.
With Pendle reportedly generating tens of millions of dollars in revenue, this buyback-driven reward system could become a powerful driver of sustainable value for holders under the new sPENDLE framework.
Pendle’s Position in the DeFi Market
Despite its governance challenges, Pendle has grown into one of the largest DeFi platforms by total value locked, ranking among the top protocols in the sector with billions of dollars secured on-chain. The governance revamp suggests that Pendle is now prioritizing scalability of participation, not just scalability of capital.
If successful, the sPENDLE transition could serve as a blueprint for other DeFi protocols struggling with low governance engagement.
Tracking PENDLE and DeFi Tokens on BYDFi
As governance innovation continues across DeFi, many traders prefer using flexible and advanced trading platforms to gain exposure to tokens like PENDLE. Platforms such as BYDFi provide access to a wide range of crypto assets, market analysis tools, and derivatives trading options, making them a practical choice for users looking to trade or hedge DeFi-related tokens.
For investors monitoring Pendle’s transition and broader DeFi governance trends, BYDFi offers a streamlined environment to track price movements, manage risk, and explore emerging opportunities without the complexity often associated with decentralized interfaces.
A Strategic Reset With Broader Implications
Pendle’s move from vePENDLE to sPENDLE is more than a technical upgrade—it is a strategic reset that acknowledges the realities of user behavior in modern DeFi. By prioritizing liquidity, interoperability, and simplified governance, Pendle is positioning itself for its next stage of growth.
Whether sPENDLE delivers the adoption boost Pendle expects will become clearer in the months ahead. However, one thing is certain: governance models that prioritize usability and flexibility are quickly becoming the standard in decentralized finance.
2026-01-26 · 8 days ago0 040Bitcoin and Ether Trading Arrives at KBC Bank Under MiCA Rules
KBC Bank to Launch Bitcoin and Ether Trading in Belgium Amid MiCA Rollout
Belgium is set to enter a new era of regulated crypto trading as KBC Bank announces plans to allow retail investors to buy and sell Bitcoin and Ether through its Bolero platform. This initiative marks one of the first opportunities for Belgian investors to access cryptocurrencies within a fully regulated and secure banking environment. Scheduled to go live on February 16, KBC’s move comes shortly after the European Union’s Markets in Crypto-Assets (MiCA) framework officially took effect in Belgium on January 3, 2026.
Bringing Crypto Trading to Retail Investors
KBC Bank, recognized as one of Belgium’s largest financial institutions, is introducing a custodial crypto trading service integrated with its existing Bolero investment platform. According to the bank, this service is designed to empower self-directed investors who wish to participate in the crypto market without stepping outside the regulated financial system. By providing a proprietary custodial solution, KBC aims to ensure that users can safely buy, sell, and hold digital assets while remaining compliant with MiCA standards.
This will enable self-directed investors in Belgium to invest in cryptocurrencies within a secure and fully regulated environment, a first in Belgium, the bank stated in its announcement. Erik Luts, Chief Innovation Officer of KBC Group, emphasized that the service transforms crypto innovation into an accessible, concrete opportunity for ordinary investors.
Navigating MiCA Compliance in Belgium
While KBC claims full compliance with MiCA regulations, Belgium has yet to issue any official MiCA licenses, highlighting a gray area in the regulatory landscape. The bank has submitted a complete crypto asset service provider notification to the relevant authorities, signaling its intent to offer trading services as soon as the regulatory approval process allows.
Belgium’s adoption of MiCA came later than some other EU member states, with the national implementing law only published in December 2025. The framework designates the Financial Services and Markets Authority (FSMA) and the National Bank of Belgium (NBB) as the primary authorities for crypto oversight, establishing the country’s regulatory infrastructure for the first time.
A Complex EU Regulatory Landscape
KBC’s launch arrives amid broader debates across Europe about the supervision and enforcement of MiCA. Some member states, such as France, have pushed for centralized oversight under the European Securities and Markets Authority (ESMA), arguing that passporting licenses across countries could risk fragmented enforcement. France has even suggested it might block licenses issued in other jurisdictions, while countries like Malta have opposed centralization to preserve innovation and competitiveness.
This complex regulatory environment makes KBC’s initiative particularly significant, as it represents a domestic bank taking proactive steps to comply with EU crypto legislation while preparing for potential shifts in oversight.
Implications for Belgian Investors
For retail crypto investors in Belgium, KBC’s upcoming launch could be transformative. The ability to trade Bitcoin and Ether through a well-established bank provides a layer of trust and security often absent in purely online or unregulated exchanges. Investors can now access digital assets through a familiar interface while benefiting from regulatory protections that MiCA aims to establish across the European Union.
As the crypto market continues to evolve, platforms like BYDFi also provide retail and professional traders with complementary access to a wide range of digital assets. While KBC focuses on a bank-backed, regulated experience, BYDFi offers flexibility and advanced trading features, catering to those who wish to explore broader crypto strategies or access international markets.
Looking Ahead
KBC Bank’s move to integrate Bitcoin and Ether trading under a MiCA-compliant framework represents a milestone for crypto adoption in Belgium. By combining regulation, custodial security, and user-friendly access, the bank sets a precedent for how traditional financial institutions can bridge the gap between conventional banking and digital assets.
As Belgium’s crypto ecosystem develops under MiCA, the rollout of KBC’s platform will likely influence other banks and financial institutions to explore similar regulated crypto offerings. For investors, the message is clear: digital assets are moving from niche experimentation to mainstream financial services, and access through trusted institutions is becoming increasingly feasible.
2026-01-21 · 13 days ago0 085
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