Day: December 19, 2025

Analyst Predicts Massive BTC Breakout Next

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BTC currently hovers around $88,000, but what’s next? Bitcoin had a phenomenal year that started after 2024’s US presidential elections and culminated in early October with a surge to a new all-time high of over $126,000. The asset also spent several consecutive months within a six-digit price territory, and it enjoyed a healthy demand for the spot Bitcoin ETFs alongside different sorts of adoption. However, the landscape since that aforementioned new peak has been quite different. Its price tumbled by over 30% and sits well below $90,000 as of…

US Clarity Act Will Not Move Needle On Bitcoin’s Price: Analysts

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Veteran trader Peter Brandt said the potential passage of the US Clarity Act is unlikely to have a significant impact on Bitcoin’s price, after indications that it could pass Congress as soon as January. “Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value,” Brandt told Cointelegraph on Friday. “Having an asset regulated, particularly an asset for which die-hard investors never wanted to be regulated, is not an earth-shattering event,” he added. His comments came after White House crypto and AI czar David…

Coinbase Sues Illinois, Michigan, and Connecticut Over Prediction Market Crackdown

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Coinbase’s announcement of a new partnership with Kalshi to enter prediction markets was made just a day before the lawsuits were filed. Coinbase has filed lawsuits against Illinois, Michigan, and Connecticut, while challenging state efforts to regulate prediction markets and asking federal courts to clarify who has oversight authority. In its filings, the crypto exchange is seeking declaratory and injunctive relief, arguing that prediction markets fall under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC) rather than state gaming regulators. Who Controls Prediction Markets? The company stated…

SEC Confirms Years-Long Director Bans for Former Alameda, FTX Execs

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Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment. In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.  The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each.…

$HLS Token Launches Across Major Tier-1 Exchanges

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BVI, BVI, 19th December 2025, Chainwire [PRESS RELEASE – BVI, BVI, December 19th, 2025] Helios is the ETF Layer for Cross-Chain Finance – a Layer 1 blockchain engineered to make automated, diversified, multi-chain portfolios a native blockchain primitive. With the TGE now live, $HLS becomes available to the public, enabling broader participation in the Helios ecosystem as the network developers. $HLS Now Live on Major Exchanges At launch, $HLS is available for trading on multiple centralized exchanges, including: KuCoin BingX MEXC Weex LBank This initial exchange availability is designed…

Pro-Crypto Senator Lummis to Not Seek Reelection in 2026

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Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027. In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed office in January 2021, quickly establishing herself as a blockchain and Bitcoin-focused politician who later aligned with US President Donald Trump’s crypto agenda. “Deciding not to run for reelection does represent a change of heart for me,…

Blockchain Association Petitions US Lawmakers, for Crypto Customer Rewards

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The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market concentration,” the letter said. The letter compared the rewards offered by crypto platforms to those offered by credit…

FDIC’s GENIUS Act Stablecoin Plan Leads a Week of Crypto Business Moves

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Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules. That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s (BTC) lackluster performance, corporate treasuries are…

Galaxy Predicts Stablecoins Will Overtake ACH Transaction Volume in 2026

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Stablecoins could process more transaction volume than the US Automated Clearing House system in 2026, as regulatory clarity and rising adoption expand their usage, according to a new forecast. Galaxy Research, the research arm of digital asset company Galaxy Digital, pointed to existing transaction data and regulatory developments to support its prediction, noting that “stablecoin transactions already eclipse major credit card networks such as Visa and now process roughly half the transaction volume of the automated clearing house (ACH) system.” Thad Pinakiewicz, vice president of research, said stablecoin supply has…

DraftKings Enters Prediction Markets, Eyes Crypto Contracts

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DraftKings is expanding beyond sports betting into the realm of prediction markets, laying the groundwork for future crypto-linked contracts as regulated event trading gains momentum in the United States. As Bloomberg reported, the company announced on Friday that it has launched the DraftKings Predictions app, which allows users to trade contracts on sports and financial outcomes. At launch, the app is available in 38 states, with sports-related trading permitted in 17 of them. DraftKings ultimately plans to expand its prediction market offerings beyond sports and finance to include contracts linked…