Category: Bitcoin News

Hackers Give Rainbow Six Siege Players 2B Credits Each

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French video gaming giant Ubisoft has been forced to halt the live services of Rainbow Six Siege after hackers breached the game and dished out 2 billion in-game credits to every player. The exploit was initially confirmed by the team via X on Dec. 27, with a series of updates following, ultimately leading to a suspension of the game’s servers and marketplace the following day. Reports from players on social media indicate that hackers were able to take control of the major parts of the game’s online systems, with players…

Many DATs ‘Will Disappear’ With Bleak 2026 Outlook: Execs

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Digital asset treasury (DAT) companies face a grim future heading into 2026, with shares in many of the largest players sharply down, industry executives say. “Going into the next year, I think that the outlook for DATs is looking a bit bleak,” Altan Tutar, co-founder and CEO of crypto yield platform MoreMarkets, told Cointelegraph. Large numbers of crypto treasury companies emerged in 2025 to give Wall Street investors another avenue to access cryptocurrencies. The share prices of many initially shot up as heavyweight investors poured in billions as Bitcoin (BTC)…

Analyst Asks Whether BTC Will End 2025 in the Green or the Red

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The yearly Bitcoin (BTC) price candle is set to close in the red, ending 2025 lower than at the start of the year, unless BTC can rise by 6.24% above the yearly open of about $93,374.  “3 days for Bitcoin to recover and close up on the year. If not, this will be the first post-halving year we close in the red. 6.24% required to make this a green candle,” Puckrin said.  Bitcoin hit an all-time high above $125,000 in October, days before a historic market crash put a dent…

Mirae Asset in Talks to Buy Korean Crypto Exchange Korbit: Report

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Mirae Asset Group is in talks to acquire Korbit, South Korea’s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million). The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit’s major shareholders, according to a Sunday report from The Chosun Daily. Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK…

‘Skinny’ Fed Accounts for Crypto is a Hedge Against Debanking — Lummis

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Wyoming Senator Cynthia Lummis, a pro-crypto United States lawmaker, said the recent proposal from Federal Reserve Governor Christopher Waller to give crypto companies access to “skinny” master accounts would end debanking under Operation Chokepoint 2.0. Waller proposed the idea at the Payments Innovation Conference in October, allowing crypto and fintech startups, including payment-only banks, access to accounts at the Federal Reserve similar to the “master accounts” used by banks, but with restrictions. Lummis said: “Governor Waller’s skinny master account framework ends Operation Chokepoint 2.0 and opens the door to real…

Is the BTC Price Headed to $85K?

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Bitcoin (BTC) bulls worry that institutional interest is weakening amid softer demand for BTC futures. However, other metrics suggest that the BTC price could avoid falling below $85,000. Key takeaways: BTC futures open interest fell to $42B, an eighth-month low, signalling a leverage flush rather than bearish bets. Bitcoin options pricing suggests stabilizing sentiment. BTC futures open interest hits eight-month low Bitcoin faced another rejection after briefly testing the $89,000 level on Friday. The move caught traders off guard, liquidating more than $260 million in leveraged BTC futures positions. BTC…

Bitmain Advertises Steep Discounts on Hardware to Miners Amid Industry Rout

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Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry. The company is offering bundle deals and discounts across the board, including on its S19 and S21 series machines that would have been considered “distressed sales” earlier in 2025 when Bitcoin (BTC) was rising in price, according to TheMinerMag. Even newer, flagship mining hardware like the S21 immersion-cooled ASICs were offered at discounts of $7 per…

Bitcoin Price Capped By Shifting Maco Conditions, Not Whale Selling

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Bitcoin’s 2024–2025 price action highlighted a disconnect between improving high-timeframe onchain structure and restrictive macroeconomic conditions. While crypto-native liquidity and supply dynamics strengthened during Bitcoin’s (BTC) 2024 rally, external variables, like elevated real yields and Federal Reserve balance sheet contraction, imposed valuation limits as the cycle progressed. Key takeaways Bitcoin rallied to above $100,000 from $42,000 in 2024 alongside rising stablecoin inflows and sustained BTC exchange outflows. A key BTC valuation metric expanded to 2.2 from 1.8 in 2024-2025, but remained below overheating thresholds of 2.7. In 2025, elevated real yields…

USX Stablecoin Stabilizes After Brief Depeg Triggered by DEX Sell Pressure

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USX, a Solana-native US dollar-pegged stablecoin, briefly traded below its peg on decentralized exchanges early Friday after heavy sell pressure overwhelmed available liquidity on Orca and Raydium, prompting issuer Solstice Finance to step in with liquidity support. In an X post on Friday, PeckShieldAlert showed USX briefly trading as low as $0.10 in secondary markets before rebounding, a move attributed to isolated trades executed during a period of extremely thin liquidity. Source: PekShieldAlert Aggregated DEX data shows a less extreme move. A 15-minute USX/USD chart from GeckoTerminal’s Orca pool shows USX dipping to…

BNB Chain Fermi Upgrade Slated for January 2026 Rollout

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The BNB Smart Chain’s Fermi hard fork has been scheduled for mainnet activation on Jan. 14, following about two months in the testnet phase. Fermi will lower the block interval to 250 milliseconds from 750 milliseconds to support “time-sensitive” applications that require sub-second block times, according to the BNB community’s GitHub page. The upgrade also introduces extended voting parameters to make up for the communication lag between nodes due to the shortened block times. A new indexing mechanism is included for users who only need a portion of the ledger’s…