Discounts and bundle deals were offered to mining operators, as 2025 ends on a bad note for the crypto market and the mining industry. 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 terahash-second (TH/s), and some hardware bundles were auctioned off to mining operators that could “name their own price,” TheMinerMag said. Read more
Fundstrat’s head of research said institutional tokenization supports a $7,000–$9,000 Ether price in early 2026 and a longer-term case for $20,000. Ethereum’s growing role in institutional finance took center stage on CNBC’s Power Lunch this week, when Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Ether could climb to $7,000–$9,000 by early 2026 as Wall Street accelerates efforts to tokenize assets and move financial activity onchain. Lee said Ether’s (ETH) investment case is increasingly tied to its use as financial infrastructure, as Wall Street experiments with onchain settlement and tokenized securities. “Wall Street wants to tokenize everything,” Lee said, pointing to initiatives at Robinhood and BlackRock. The shift, he said, could bring efficiencies to traditional finance while anchoring real-world use cases on Ether. He added that Ether could eventually reach $20,000 as adoption deepens. Read more
Stani Kulechov's comments followed an uproar in the Aave community about the relationship between the Aave decentralized autonomous organization and Aave Labs. Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence a controversial community vote that failed to pass. “These tokens were not used to vote on the recent proposal, and that was never my intention. This is my life's work, and I am putting my own capital behind my conviction,” Kulechov said. He also said that Aave Labs has not clearly communicated the economic alignment between it and Aave token holders. “In the future, we'll be more explicit about how products built by Aave Labs create value for the DAO and AAVE token holders,” he added. Read more
Bitcoin’s technical and onchain market structure was robust throughout 2025, but ever-shifting macroeconomic conditions eventually put a cap on BTC price. Will the trend shift in 2026? 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. Read more
Cryptocurrency markets experienced a modest recovery this week, but spot Bitcoin ETFs extended a five-day losing streak amid thin year-end liquidity. Cryptocurrency markets had a small rebound following last week’s dip, as investor activity wound down during the holidays. Bitcoin (BTC) fell to a weekly low of $86,561 on Tuesday, before bouncing back above $88,600 on Friday, according to TradingView data. Spot Bitcoin exchange-traded funds (ETFs) demand remained weak, recording $175 million in outflows on Wednesday, which marked a fifth consecutive day of net outflows, according to Farside Investors. Read more
The USX stablecoin briefly slipped below its dollar peg on Solana DEXs before recovering after its issuer injected liquidity into secondary markets. 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. Aggregated DEX data shows a less extreme move. A 15-minute USX/USD chart from GeckoTerminal’s Orca pool shows USX dipping to about $0.80, reflecting where most trading volume occurred, before recovering and stabilizing near $0.99 as liquidity returned. Read more
Regulatory clarity in the United States and the likelihood of falling interest rates will push the crypto ETF market higher in 2026. Crypto exchange-traded funds (ETFs) are set to explode in 2026, with over 100 new ETF filings expected and billions of dollars in net inflows pouring into the investment vehicles, according to analysts. Senior Bloomberg ETF analyst Eric Balchunas forecast a base case of $15 billion in capital flows in 2026 and as much as $40 billion if market conditions improve. The US Federal Reserve is “probably” going to lower the interest rate in 2026, pushing net inflows toward the mid or upper limits of the estimate, Balchunas told Cointelegraph. Read more
The mainnet rollout follows the Fermi testnet activation in November, further reducing block times on the layer-1 blockchain network. 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. Read more
In an exclusive Cointelegraph interview, the crypto analyst pointed to macro headwinds, muted sentiment and cycle dynamics shaping Bitcoin’s path into 2026. As Bitcoin (BTC) continues to underperform gold and major equity indices, investors are increasingly questioning whether this cycle is unfolding differently than expected. In a new interview with analyst Benjamin Cowen, we dig into why Bitcoin is lagging traditional markets, and why the current setup may feel strikingly similar to 2019. Cowen points out that while stocks and gold are responding positively to expectations around future monetary easing, Bitcoin appears far more sensitive to actual liquidity conditions rather than optimism alone. That distinction, he explains, helps clarify why BTC has struggled to gain momentum even as broader markets push higher. According to Cowen, Bitcoin often requires a clearer macroeconomic catalyst before it can outperform, and that catalyst may not yet be in place. Read more
Bitcoin and several major altcoins attempted to start a relief rally, but higher levels continue to attract strong selling by the bears. Key points: Bitcoin attempted to rise above $90,000, but sustained recovery may require institutional demand to pick up. While most major altcoins are struggling near their recent lows, Bitcoin Cash looks strong on the charts. Read more