Category: Bitcoin News

Moldova To Legalize Cryptocurrencies Aligned With EU MiCA Regulation

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Moldova plans to introduce its first comprehensive cryptocurrency legislation by the end of 2026, aligning its rules with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, according to the country’s finance minister, Andrian Gavrilita. Gavrilita said Wednesday in an interview on the state-owned TVR Moldova that the government is working with regulators to develop a legal framework that would allow citizens to hold and trade cryptocurrencies, while stopping short of recognizing digital assets as a means of payment. “We have the responsibility to regulate them, and it will be…

Bitcoin Recoils to $95K, But Classic Chart Pattern Projects 18% Gains

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Bitcoin’s (BTC) price traded 9.5% above its Jan. 1 open of $87,500, and traders were confident that BTC’s short-term “trend is up” as the price approached a key level of interest. Key takeaways: Bitcoin price consolidates around $95,000 as bulls face a major barrier ahead. Technical analysis shows an ascending triangle targeting $113,200 BTC price.  Bitcoin price is at an “inflection point” As Cointelegraph reported, Bitcoin’s ability to return to a six-figure price hinges on overcoming the resistance at $98,000 — the short-term holder (STH) cost basis.  This is the…

Polygon Trims Workforce Amid $250M Open Money Stack Payments Pivot

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Polygon Labs has cut personnel as it pivots more aggressively to a payments-first strategy built around stablecoin rails and what it calls an “Open Money Stack,” a new, vertically integrated set of services designed to move money onchain. The layoffs came just days after announcing a deal worth as much as $250 million to acquire US crypto ATM and payments company Coinme and wallet and developer platform Sequence.  Polygon did not publicly disclose how many roles were eliminated, but according to multiple sources on social media platforms like X, a…

State Street Launches Platform For Tokenizing Assets

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State Street said its new crypto platform would help clients build tokenized money market funds, exchange-traded funds, and products such as tokenized deposits and stablecoins. Multinational banking giant State Street has launched an institutional digital asset platform, aimed at helping businesses navigate the sector and launch a range of crypto products.  State Street said on Thursday its platform aims to bridge traditional assets to crypto via tokenization and will build tokenized money market funds, exchange-traded funds products such as tokenized deposits and stablecoins. The platform will provide institutions with tokenization…

US Homebuilder To Launch Crypto Rewards After Regulatory OK

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US homebuilder Megatel Homes is set to launch a crypto rewards platform after receiving a Securities and Exchange Commission “no-action” letter. Megatel said on Thursday that the platform, dubbed MegPrime, would give users rewards for using “MP Tokens,” such as using them to pay their rent to earn back tokens that can be used for “everyday purchases” or converted to US dollars. It came after the SEC allowed MegPrime to go ahead with its plans in its letter on Thursday, recommending no enforcement action so long as the platform strictly…

Ethereum Activity Retention Doubles With Record Transactions

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Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode. Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday. It added that this reflects a notable influx of new wallets engaging with the Ethereum network, “rather than activity being driven solely by existing participants.” New activity retention, or new network addresses, has spiked from just…

Crypto Sentiment Drops Amid Uncertainty Over US Crypto Bill

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Crypto market sentiment has dropped after hitting a multi-month high, as the crypto industry in the US is divided over a Senate version of a highly-awaited crypto market structure bill. The market sentiment-tracking Crypto Fear & Greed Index, slid by 12 points on Friday to a “neutral” score of 49 out of 100, dropping from its score of 61, indicating “greed,” on Thursday. The index’s score on Thursday was the highest recorded since it hit 64 out of 100 on Oct. 10, the same day the crypto market massively crashed…

Iran Turns to Crypto Amid Collapsing Economy, Protests

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Crypto usage in Iran has spiked amid the country’s mass protests, with a surge of Iranians withdrawing Bitcoin to preserve value amid instability, according to Chainalysis. Protests in Iran began around Dec. 28 over worsening economic conditions, after the Iranian rial hit record lows against the US dollar. Demonstrations escalated nationwide, with Iran’s regime responding by cutting internet access, carrying out mass arrests, and reportedly killing thousands. Chainalysis said in a report on Thursday that Iran’s crypto ecosystem hit $7.78 billion in 2025, which accelerated amid the ongoing unrest with…

Uniswap Goes Live on OKX’s X Layer as Preferred DEX Partner

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Uniswap has launched on X Layer, a layer-2 blockchain built by crypto exchange OKX, becoming the chain’s preferred decentralized exchange as OKX expands its decentralized finance footprint. The integration gives X Layer users access to Uniswap’s markets, including crypto token pairs and liquidity pools, with swaps executed at layer-2 costs and no fees charged by Uniswap Labs, the protocol told Cointelegraph. Launched in 2024, X Layer is OKX’s Ethereum Virtual Machine-compatible network, serving as core infrastructure for its DeFi applications. The network is integrated with OKX’s wallet and exchange, allowing…

Bitcoin Drops Pace At $97K As Retail Stays Sidelined: Did The Rally End?

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Key takeaways: Retail traders remain sidelined despite BTC’s rebound, as low funding rates and muted interest point to fragile investor sentiment. Institutional investors are buying the spot Bitcoin ETFs again and corporate buyers building BTC treasuries could help send BTC back to $100,000. Bitcoin (BTC) price stabilized near $95,500 on Thursday following an 8%, 3-day rally that wiped out $465 million in short BTC futures positions. However, according to web search and derivatives metrics, retail traders have remained on the sidelines. Bitcoin’s pullback from $97,900 may have further weakened investor…