21Shares' macro chief looks at why Bitcoin has held relatively steady since the start of Middle East hostilities, while gold has slipped below $4,500 and key support levels. The divergence between gold and Bitcoin (BTC) in 2026 can be explained by two distinct segments of buyers, according to Stephen Coltman, head of macro at crypto exchange-traded product (ETP) provider 21Shares. Gold’s rally over the last three years has been primarily fueled by central bank buying, while Bitcoin is more widely held by individuals than financial institutions, Coltman told Cointelegraph. He said: However, BTC has more utility for individuals who may use it as an alternative “lifeline” when local banking infrastructure fails during times of crisis, and accessing the traditional financial system is not possible. Read more
Proponents of Bitcoin's four-year cycle theory say the price of BTC typically rises for three of the four years and declines in the final year. The current Bitcoin (BTC) bear market can be explained by the four-year cycle and long-term BTC holders selling at the $100,000 psychological level, according to Anthony Scaramucci, managing partner of the SkyBridge investment firm. Bitcoin’s four-year market cycle has been “muted” by institutional investors and inflows from BTC exchange-traded funds (ETFs) that have cushioned volatility, Scaramucci said, but the altered market dynamics have not fully erased BTC’s traditional cycles. He said: BTC will continue to see choppy price action for most of the year, until the fourth quarter of 2026, when prices will start to rise again in a new bull market cycle, he said. Read more
Bitcoin fell over the weekend to set up another visit to "unreliable" support, but analysis flagged a new BTC price golden cross. Bitcoin (BTC) traded below $69,000 on Sunday as the market faced a critical weekly candle close. Key points: Bitcoin approaches its 200-week trend line after sinking throughout the weekend. Read more
The investment giant told the regulator's crypto task force it supports trading tokenized securities on alternative trading systems and tradfi on-chain integration. Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month by the regulator’s Crypto Task Force. Fidelity said it is “critical” for the SEC to develop a comprehensive regulatory framework and clear rules of the road for tokenized securities trading, including rules for trading tokenized securities issued by third parties. Read more
USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14. Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar peg and prompting decentralized finance (DeFi) protocols with exposure to move quickly to contain any fallout. Cointelegraph reported earlier Sunday that an attacker exploited USR’s minting mechanics, creating tens of millions of unbacked tokens and dumping them through DeFi pools, which broke the stablecoin’s peg and prompted Resolv to pause protocol functions as it assessed the damage. The token dropped as low as $0.14 (86% below its intended $1 price) after the exploit before rebounding to $0.42 at the time of writing, according to data from CoinGecko. Read more