Author: CryptoDigestAlert.com
Dragonfly Executive Calls Current Crypto Market Dip “Easiest Bear Market Ever”: Here’s Why
TLDR: The current crypto downturn is milder than 2022, with markets showing functional resilience. 2022 featured collapses of Luna, 3AC, FTX, Genesis, BlockFi, and NFT projects. Crypto networks remain operational, supporting staking, trading, and decentralized finance activities. Clearer regulatory frameworks reduce systemic risk and support market stability today. The current crypto market downturn is showing signs of stability, with fundamentals remaining largely intact. Dragonfly Capital’s managing partner, Haseeb, described the present bear market as “ the easiest bear market” he’d ever seen. He contrasted it with 2022, a period marked by multiple collapses, including Luna, 3AC, FTX, Genesis, and BlockFi.…
TLDR Mark Fairless, CEO of ClearBank, advocates developing British pound stablecoins to maintain the UK’s financial competitiveness. Fairless stresses that the UK risks falling behind in global finance if it does not create a stablecoin backed by the British pound. The Bank of England is developing regulatory frameworks for stablecoins to ensure their safe integration into the country’s financial system. Sarah Breeden, Deputy Governor of the Bank of England, confirms the UK will align its stablecoin regulations with international efforts. The UK government has released a consultation paper on stablecoin regulations, with industry feedback due by February 2026. Mark Fairless,…
The Daily: Canary Capital launches spot XRP ETF, JPMorgan sees bitcoin support at $94K, Polymarket quietly relaunches in US, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! Bitcoin has fallen below the key $100,000 psychological level, but analysts argue whales are buying the dip — scooping up more than 45,000 BTC this week as leverage resets and macro conditions soften.In today’s newsletter, Canary Capital launches a spot XRP ETF, Polymarket quietly relaunches in the U.S., Grayscale files for an IPO, and more.Meanwhile, the Czech central bank buys bitcoin for the first time as part of its digital asset “test portfolio.”Let’s get started!P.S. Don’t forget to check out The Funding, a…
XRP price has confirmed a highly bearish pattern on the daily chart, as risk-averse sentiment continues to weigh over the broader crypto market. Summary XRP price dropped 7% to an intraday low of $2.27 on Friday. Bearish sentiment prevailing across the broader market has weighed down XRP investors. Multiple bearish patterns have formed on the daily chart. According to data from crypto.news XRP (XRP) dropped 7% over the past 24 hours to an intraday low of $2.27 before recovering slightly to $2.32 at press time. At its current price, the altocin remains 36% below its all-time high of $3.65 reached…
TLDR: Aave Labs gains MiCAR authorization from Ireland’s central bank to launch regulated zero-fee stablecoin ramps. Push by Aave Labs will enable euro-to-stablecoin conversions across 30 European Economic Area countries. The MiCAR license makes Aave one of the first DeFi firms to operate under Europe’s new crypto framework. Ireland becomes Aave Labs’ regulatory base for expanding compliant DeFi access across the European market. Aave Labs has received MiCAR authorization from the Central Bank of Ireland, marking a regulatory milestone for DeFi in Europe. The approval allows the company to introduce zero-fee on and off-ramps for its stablecoin GHO and others…
TLDR: Tether leases a 20,000+ GPU network to advance freedom-first AI infrastructure. Partnership with Rumble and Northern Data integrates crypto, AI, and creator tools. QVAC platform benefits from high-speed GPU clusters for model training and content tools. Initiative emphasizes decentralization, resisting censorship, and empowering users globally. Tether has entered a major partnership to advance AI computing infrastructure and creator-focused tools. The stablecoin issuer signed an agreement to lease a significant portion of a 20,000+ GPU network. This network is among the largest globally, supporting AI research and Tether’s QVAC platform. The move aligns with Tether’s focus on freedom-first digital services…
First U.S. Bank to Trade Crypto: SoFi Enables Bitcoin, Ethereum, Solana Access
TLDR: SoFi becomes the first nationally‑chartered U.S. bank to enable retail crypto trading. Launch covers major tokens including Bitcoin, Ethereum and Solana under one platform. Regulatory clarity from the OCC in 2025 freed banks to advance crypto services. SoFi’s roadmap includes stablecoin issuance and crypto‑based infrastructure extensions. Retail customers at SoFi Technologies, Inc. (“SoFi”) can now buy, sell and hold crypto. This makes the firm the first U.S. nationally chartered bank to offer direct crypto trading. The product launch follows regulators granting clearer guidance to banks on digital assets. According to CEO Anthony Noto, the offering is live for retail…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Smart new projects are uniting AI, DeFi, and user-owned data to redefine how people earn, save, and invest in the digital age. AI is everywhere, from creating ads and writing code to making recipes. Now, it has even begun to influence how people spend, save, and invest. As this new AI-driven trend takes the world by storm, a new generation of finance projects has emerged that are making use of AI’s advanced capabilities. These ventures are reinventing what personal…
ICP publishes tongue-in-cheek apology for building tech that proves DApps don’t need AWS
The ICP team has issued a tongue-in-cheek apology boasting about running full-stack apps entirely on-chain, even as the ICP token remains down 99% from ATH. Summary The ICP team issued a tongue-in-cheek “apology” bragging about the protocol’s ability to run full-stack applications entirely on-chain without the need for traditional cloud services like AWS. In response, several community members criticized ICP underwhelming price performance, which dropped from its ATH of $750 to just $6. The Internet Computer Protocol (ICP) team has just released an unofficial apology for “proving that “Decentralized Apps” don’t actually need Amazon Web Services to run…” and for…
U.S. Lawmakers Unveil Crypto Market Structure Bill, CFTC Set to Lead Oversight
TLDR: U.S. Senate crypto market structure bill draft gives the CFTC authority over digital commodities like Bitcoin and Ethereum. Developers gain protection from being classified as money transmitters under the new bill. The bill ties crypto custody to U.S. Treasuries, linking markets to dollar-based collateral. Retail investors get safeguards through a new Digital Commodity Retail Office at the CFTC. The U.S. Senate Agriculture Committee has introduced a comprehensive crypto market structure bill that could reshape digital asset regulation nationwide. The proposal gives the Commodity Futures Trading Commission (CFTC) primary authority over digital commodities such as Bitcoin and Ethereum. It also…
