G20 Crypto Standards, DATs’ Future, BNB ETF Advance, China Mining Resurgence, and more in this Week in Review. Week in Review The G20 pushed unified crypto oversight with new stablecoin and DeFi standards, experts debated whether DATs (crypto-holding firms) are fading amid the market downturn, Vaneck advanced a BNB ETF toward a Nasdaq listing with […]
Get to learn about Exodus Wallet’s safety, functionality, fees, and how it compares to other wallets via our Exodus Wallet Review, which can help you decide if it fits your crypto storage and trading needs. Exodus Wallet is a non-custodial cryptocurrency wallet known for its user-friendly design and multi-asset support. The platform offers features such…
Read more
According to CoinWarz, the next difficulty adjustment is expected at block 927,360, moving the target from 149 trillion to close to 150 trillion. That is a modest rise, but it matters because Bitcoin miners are already working with very thin margins. Hashpower is strong enough to push difficulty up even while returns stay near record lows. Related Reading: Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say Hashprice Sits Near Break-Even Hashrate Index data shows hashprice is hovering around $38.3 PH/s per day, a touch up from a recent trough below $35 PH/s on November 21. Reports indicate that $40 PH/s is roughly the break-even level for many operations. When revenue per petahash drifts under that mark, some miners face a hard choice as they usher in December: switch off rigs or keep paying to mine. Average block times have been close to the 10-minute goal, with the network recently averaging about 9.97 minutes, which helped trigger the most recent adjustment that dropped difficulty from 152.2 trillion to 149.3 trillion. Hardware, Politics And Supply Risks Reports have disclosed a US Department of Homeland Security probe into Bitmain, the China-based ASIC maker, over concerns its machines could be accessed remotely. Bitmain is reported to control about 80% of the ASIC market, according to the University of Cambridge. That market concentration leaves the industry vulnerable. If US officials impose restrictions, tariffs, or other limits, miners could face higher hardware costs and slower deliveries. Some equipment orders might be delayed or rerouted, and expansion plans would be tested. China Unlikely To End Bitcoin Mining Ban Despite Uptick Meanwhile, overseas, a mild uptick in China’s bitcoin mining has led some scholars to urge Beijing to relax its ban so miners can use excess energy, but experts say a formal reversal is unlikely. Related Reading: 320 Ether On The Move: Bhutan Ramps Up Its Staking Game According to Hashrate Index, China’s share of global hash rate rose from 13.75% in Q1 2025 to 14% in the current quarter, placing it third behind the US and Russia. Historical data from the Cambridge index shows China’s hash rate fell to zero in July 2021 before unofficial activity pushed it back to 22.29% by September 2021; Cambridge stopped updating its mining map in February 2022. Beijing has tightened rules on crypto in recent years, arguing such activity disrupts financial order and can enable illegal behavior. Experts believe those political and policy concerns make an official lift of the mining ban unlikely, despite the recent rise in activity. Featured image from Getty Images, chart from TradingView
Bitcoin price stayed stuck near $91,000 due to weak ETF flows and cautious derivatives as stocks and gold rallied on rising rate-cut bets.
submitted by /u/KIG45 [link] [comments]
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Bolivia announces the integration of stablecoins into its banking system, Tether abandons mining operations in Uruguay, and the Libra Trust emerges out of the blue. Historic: Bolivia to Integrate Stablecoins Into Its […]
submitted by /u/TheGreatCryptopo [link] [comments]
New research showed BTC price action on course to copy the 2022 bear market while risk-asset inflows showed signs of a bullish turnaround.
Coinbase is funding a pilot that will deliver $12,000 worth of USDC to 160 low‑income New Yorkers. Managed by Givedirectly, the program will help recipients while studying how the cryptocurrency is spent and exchanged. Coinbase Funds ‘Future First’ Universal Income Pilot In New York The Facts Coinbase will provide funding for a universal basic income […]
The monthly XRP chart has entered one of its most decisive phases in years, and one of the asset’s most vocal analysts is laying out a blunt roadmap. Egrag Crypto, known for his long-standing bullish stance on XRP, released a new technical update that breaks down the future outlook for the cryptocurrency into three straightforward outcomes. The chart accompanying his analysis shows XRP trading around the $2.20 region, sitting just above an important Fib support level but still wrestling with momentum, with the monthly candle about to close. Related Reading: 320 Ether On The Move: Bhutan Ramps Up Its Staking Game XRP Must Close Above $2.60 To Keep Bullish Momentum Intact Egrag’s first decisive level is at $2.60, which matches with the 0.5 Fibonacci retracement level on the monthly chart. The analyst described a close above this region as bullish but the asset would not yet be fully clear of danger. The chart shows XRP repeatedly testing this price level in the first half of the year before breaking above it in July. However, the most recent breakdown in Q2 2025 has now put the price level in focus again. The analysis becomes more aggressive once price action breaks above $3.40. EGRAG identified this as the 0.888 Fibonacci level, one of the final retracement zones. According to him, a close above this level confirms a super-bullish macro breakout, which he summarized with the phrase “we are so back.” The chart reinforces this idea by showing a tight compression beneath this upper 0.888 Fib cluster, and that a decisive breakout could lead to a rapid move into new all-time high prices if there’s enough buying pressure. XRP Price Chart. Source: @egragcrypto On X A Close Below 21 EMA Would Break Bullish Structure The downside scenario in Egrag’s breakdown is equally straightforward. He warned that a close below the 21-month EMA would mean a severe failure of the bullish trend structure. His wording was intentionally harsh, noting that such a breakdown would mean “we are f**ked, no sugar-coating it.” The chart shows the 21 EMA currently sitting around the $1.83-$1.90 price zone, forming the final major support on the monthly timeframe. Losing this level would drag XRP back into a deeper corrective zone and finally undo most of the price advancement made this year. A significant development showed up towards the end of the week that aligns with the bullish continuation Egrag outlined. 21Shares confirmed that its US Spot XRP ETF, which is listed under the ticker TOXR, has received SEC approval and will officially launch on Monday. Related Reading: Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say The upcoming launch adds a perspective that institutional participation in XRP is only beginning. If inflows follow the early strength seen from other issuers, the ETFs could reinforce the bullish case Egrag mapped on the chart, especially if the XRP price is able to cross above $2.60 in December. Featured image from Pixabay, chart from TradingView
