Day: January 9, 2026

ETH Risks Falling to $2.6K if This Key Level Cracks

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Ethereum continues to show resilience in early 2026, despite an increasingly tense macro backdrop. Geopolitical uncertainty in the Middle East, ongoing supply chain disruptions, and US–China tensions have shaken global risk appetite, yet crypto markets remain surprisingly stable. Ethereum Price Analysis: The Daily Chart On the daily chart, ETH has broken above the broad descending channel. After bouncing strongly from the green demand zone near $2,600 in mid-December, the price managed to reclaim the $3,000 psychological mark. However, the rally stalled just under the $3,500 resistance band, which aligns with…

Zcash Devs to Build New Wallet After ECC Exit Amidst Development Activity Slowdown

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Zcash developers exit ECC to launch a wallet and company. Developers behind privacy-focused cryptocurrency Zcash have announced plans to launch a new wallet and form a new Zcash-focused company. The latest development comes just a day after the team resigned en masse from the Electric Coin Company (ECC) following a governance dispute. New Wallet Push Former ECC CEO Josh Swihart announced that the team responsible for launching Zcash and developing the Zashi wallet will now create a new Zcash wallet, code-named cashZ, by utilizing the same Zashi codebase. He…

Bitcoin Bulls Rest, Prepping For Rally To $101.5K

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Bitcoin traders’ risk sentiment turned bullish, with the proof being in this week’s futures-led advance to $95,000. Will bulls make another attempt after retesting a key underlying support level? The start of 2026 saw Bitcoin and select altcoins rally back toward their weekly range highs, and the current situation across markets highlights improving investor sentiment and trading volumes. Since Jan. 1, Bitcoin continued to show improvement with tightening range consolidation clearly seen in its daily higher lows and higher highs, leading to the weekly high at $94,800. BTC/USDT 7-day liquidation…

US Lawmakers Demand Ethics Safeguards for Market Structure Bill: Report

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Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry. A number of Democratic lawmakers in the US Senate are reportedly pushing for conflict-of-interest guardrails in a crypto market structure bill under consideration. According to a Thursday report from Punchbowl News, Senate Democrats including Adam Schiff and Ruben Gallego demanded safeguards in the Republican-led Responsible Financial Innovation Act (RFIA) which would affect how US regulatory agencies and the government handles digital assets. The lawmakers reportedly…

BTC Price Suddenly Rockets by $2K as Trump Posts Unpublished Jobs Data

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The US Supreme Court also delayed making a decision on the Trump-imposed tariffs. Bitcoin’s price volatility returned on Friday afternoon following the latest developments on US soil. At first, the Supreme Court said it would not publish its decision on the legality of the tariffs imposed by the POTUS against numerous countries. Later, the President himself shared unreleased jobs data on his social media platform, showing that in the past year, the country’s private sector has created over 650,000 jobs, while government employment has fallen by 181,000. What’s particularly…

Nasdaq and CME Team Up To Issue the Nasdaq-CME Crypto Index

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The Nasdaq Stock Exchange and the Chicago Mercantile Exchange (CME) Group joined forces to unify their crypto indexes, rebranding the Nasdaq Crypto Index (NCI) as the Nasdaq-CME Crypto Index. The NCI benchmark index includes Bitcoin (BTC), Ether (ETH), XRP (XRP), Solana (SOL), Chainlink (LINK), Cardano (ADA) and Avalanche (AVAX), spokespersons for Nasdaq confirmed to Cointelegraph. Sean Wasserman, head of index product management at Nasdaq, said in Friday’s announcement: “We see the index-based approach as the direction investors are heading, beyond just Bitcoin. That’s similar to what we’ve seen in other…

Colombia Introduces Mandatory Crypto Reporting Rules for Exchanges

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Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset sector. The rules were set out in Resolution 000240, issued on Dec. 24, which adds a crypto reporting regime aligned with OECD-developed international standards, including the Crypto-Asset Reporting Framework (CARF). According to the new rules, crypto exchanges, custodians and other service providers must report identifying information and transaction data for “reportable” users, enabling the automatic…

Wall Street Moves Onchain as Banks Embrace Digital Assets

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For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking.  Morgan Stanley, meanwhile, is positioning…

Donald Trump Says No Pardon Issuance to FTX’s Sam Bankman-Fried

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Trump explained in an interview that he would not grant clemency to SBF, Sean “Diddy” Combs, Nicolás Maduro, and others. Hopes of Sam Bankman-Fried (SBF) receiving a pardon have been shattered. The United States’ president, Donald Trump, confirmed in a recent interview with The New York Times that he would not issue a presidential pardon to the imprisoned FTX founder. The latest comment came about a year after SBF and his parents sought a pardon from the president. Trump Shatters SBF’s Pardon Hopes Last year, Trump issued pardons to…

CLARITY Act Needs Bipartisan Support in Senate Banking Committee: Analyst

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The passage of the Digital Asset Market Clarity Act of 2025, also known as the CLARITY market structure bill, hinges on bipartisan support in the United States Senate Banking Committee, according to Alex Thorn, head of research at crypto investment firm Galaxy. Typically, the Senate needs at least 60 votes to advance legislation, and Republicans need seven to 10 Democrats to vote yes on the CLARITY Act, Thorn said on Friday. If Republicans can secure four votes from Democrats on the Senate Banking Committee, it is “likely” that all 17…