Day: December 18, 2025

Analyst Says This XRP Level Is Keeping Downside Pressure In Check

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Market analysts are closely watching the XRP price as recent movements test key support levels. A new technical analysis has highlighted a critical price zone that is currently helping contain further downside pressure on XRP. Over the past few months, the cryptocurrency has struggled to reclaim its previous highs, recently crashing below the $2 psychological level amid increased volatility and market uncertainty.  XRP Key Support Contains Downside Risks Crypto analyst Skipper shared a new technical update on XRP this week, highlighting current market dynamics and a critical support level that…

World Liberty Financial Proposes 5% Treasury Allocation to Support USD1 Growth

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World Liberty Financial plans to deploy 5% of WLFI treasury to boost USD1. World Liberty Financial has proposed using a small portion of its unlocked treasury to boost the growth of its stablecoin, USD1. The latest move aims to expand the project’s influence across the crypto ecosystem. The plan recommends deploying around 5% of WLFI’s treasury tokens, which is roughly $120 million at current market prices, to support USD1 adoption and usage through select high-profile partnerships in both centralized finance (CeFi) and decentralized finance (DeFi). Strengthening USD1 Usage Since…

Bitcoin Trips On $90K As CPI Shows Cooling US Inflation

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Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing near-term inflation pressure and reviving risk appetite across markets. Key takeaways: The lower-than-expected CPI print generated a positive response from Bitcoin as new positions opened versus the usual short covering. Onchain data shows “balance-sheet” repair and loss absorption for BTC, not capitulation. CPI print lifts BTC price as positioning rebuilds…

Hyperliquid (HYPE) Crashes 60% From ATH: What’s the Next Stop?

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HYPE trades near $24 after a 60% drop from ATH, with bearish charts, whale activity, and token supply events shaping near-term price action. Hyperliquid (HYPE) is trading near $24 at press time, showing a sharp drop of more than 60% from its all-time high. The token has lost over 10% in the last 24 hours and nearly 13% in the past week. Market data shows weak momentum and further downside risks unless buyers return soon. As a result, its 24-hour volume is over $550 million, while its market cap…

Bitcoin Hashrate Rebounds After Xinjiang Mining Fears

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Recent claims of a major Bitcoin mining crackdown in China’s Xinjiang region rippled through the digital asset industry this week, but data by TheMinerMag suggests the actual impact was far smaller than early narratives implied. According to the latest Miner Weekly report, the Bitcoin network initially experienced a short-term hashrate decline, which was linked to developments in Xinjiang. However, the drop also coincided with power curtailments in the United States. Most major mining pools recovered to near pre-dip levels within days, resulting in a net decline of roughly 20 exahashes…

US Lawmakers Exclude BTC From De Minimis Tax Exemption: BPI

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Representatives of the Bitcoin Policy Institute (BPI), a nonprofit Bitcoin advocacy organization, warned that US lawmakers have not included a de minimis tax exemption for Bitcoin transactions below a certain threshold. “De Minimis tax legislation may be limited to only stablecoins, leaving everyday Bitcoin transactions without an exemption,” Conner Brown, BPI’s head of strategy, said on X, adding that the decision to exclude Bitcoin (BTC) is a “severe mistake.” In July, Wyoming Senator Cynthia Lummis introduced a bill proposing a de minimis tax exemption for crypto transactions of $300 or…

Circle partners with Intuit to integrate USDC into TurboTax and QuickBooks

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Key Takeaways Circle and Intuit have entered a multi-year deal to integrate USDC into TurboTax and QuickBooks. This integration enables tax refunds and business payouts through Circle’s stablecoin infrastructure. Share this article Circle has signed a multi-year strategic partnership with Intuit to bring stablecoin-powered financial services to the Intuit platform. The collaboration will allow Intuit to integrate Circle’s USDC and broader stablecoin infrastructure across its flagship products, including TurboTax, QuickBooks, Credit Karma, and Mailchimp. Source link

SoFi Launches Fully Reserved SoFiUSD Stablecoin Through its National Bank

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SoFi Technologies has launched SoFiUSD, a fully reserved US dollar stablecoin issued by its banking subsidiary, SoFi Bank. According to Thursday’s announcement, SoFiUSD is backed one-to-one by cash held by SoFi Bank, a nationally chartered and insured depository institution, and is redeemable on demand. It is designed to support low-cost settlement for banks, fintechs and enterprise platforms. A SoFi spokesperson told Cointelegraph that SoFiUSD will initially be issued on the Ethereum network, with plans to add support to other blockchains over time. The company said SoFiUSD can be used across…

Ethereum (ETH) Crashing? Key Levels That Could Trigger a Freefall

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Ethereum trades near $2,800 after a 12% weekly drop, with analysts warning of further downside as key support levels continue to break. Ethereum (ETH), the second-largest crypto by market cap, is trading at around $2,900 after falling by about 8% over the past week. Market activity remains high, with 24-hour trading volume at $31.3 billion. Traders are watching price levels as pressure builds around key support. Breakdown Signals Further Weakness Ethereum has broken below a rising trendline, ending a short period of upward movement. The asset now appears to…

Why Bitcoin’s Popular Narratives Don’t Match the Data — James Check on 2026

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Bitcoin’s price may look deceptively familiar, but according to onchain analyst James Check, the market beneath the surface has changed far more than most investors realize. In a new interview with Cointelegraph, Check revisits a question he was asked earlier this year: Are we in a bull market or a bear market? While Bitcoin (BTC) is trading near similar price levels, Check says that leverage, investor cost base, and sell-side behavior are now very different, and all those shifts matter. In fact, a majority of the capital currently invested in…