Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
Veröffentlicht am

BNB price revisits $850 as token face bearish pressure

  • BNB price dropped to under $850 as cryptocurrencies solld-off.
  • The Binance ecosystem token could dump to $800 or lower if bears strengthen.
  • Technical indicators suggest sellers have upper hand in the short term.

BNB faces intensified selling pressure as bulls fail to hold onto gains made in recent sessions, mirroring losses around the broader cryptocurrency market.

As of writing on December 23, 2025, BNB traded around $851, down 1.5% in the past 24 hours as fresh volatility hit risk assets.

While price is off intraday lows of $847, the current outlook suggests bulls risk a revisit of recent key support levels.

BNB price faces fresh bearish pressure

As noted, the BNB price is trading in negative territory

This comes as sellers maintain control following a recent spike to $870, with profit-taking driving the token towards critical support levels.

In the past day, the altcoin has touched $847, and the technical picture signals a potential for further downside if bulls fail to defend this zone.

Market data indicates that BNB has declined more than 11% from its December high of above $920.

Amid the downturn across crypto this past week, the token touched intraday lows of $819.

While buyers then saw a modest rebound to above $870 amid regulatory milestones, the price remains well off its year-to-date peak and all-time high reached in October.

The downturn that has BNB price 38% off the ATH coincides with diminishing activity on the BNB Chain network.

Per blockchain explorer data, daily transactions have fallen nearly 47% from October peaks.

Reduced transaction volumes often reflect lower user and developer engagement, which can erode demand for the native token and contribute to price weakness.

BNB is also signalling market weakness via its derivatives numbers.

Data on Coinglass shows caution has futures open interest for BNB down from over $2.97 billion in October to $1.28 billion as of writing.

Position unwinding and decreased leveraged exposure are key catalysts.

BNB price forecast

From a technical perspective, BNB remains in a downtrend despite a breakout from a trendline on the daily timeframe seen in November.

Recovery also hit a supply wall near the 50-day exponential moving average.

Notably, bulls have defended the support around $825 – a reload from which buyers elevated the token in August to its peak in October.

But bearish signals dominate key indicators on the daily chart.

BNB Price Chart
BNB price chart by TradingView

The Moving Average Convergence Divergence (MACD) highlights fading momentum, while the RSI indicator has flatlined below the neutral mark.

If downside action strengthens, a dip below the support trendline could allow bears to eye $738 and then $647.

On the flipside, a decisive breakout above the $875 threshold could shift sentiment, opening the door to renewed gains towards $1,000.

The post BNB price revisits $850 as token face bearish pressure appeared first on CoinJournal.

Veröffentlicht am

IMF advances talks with El Salvador on Bitcoin policy and Chivo wallet future

  • IMF says talks with El Salvador continue, focusing on transparency, public funds protection, and Bitcoin-related risks.
  • Negotiations to sell or wind down El Salvador’s Chivo Bitcoin wallet are well advanced under the IMF loan program.
  • Despite IMF pressure, El Salvador continues daily Bitcoin purchases while GDP growth is projected near 4%.

The International Monetary Fund (IMF) said discussions with El Salvador over its Bitcoin-related policies remain ongoing, with a focus on improving transparency, protecting public funds, and reducing financial risks.

The update came as part of the IMF’s second review of El Salvador’s 40-month Extended Fund Facility (EFF), under which the country secured a $1.4 billion loan in 2024 after prolonged negotiations strained by its Bitcoin adoption.

According to the IMF, talks are particularly advanced regarding the future of the government-run Chivo Bitcoin wallet, including a potential sale or wind-down of the platform.

Chivo, launched in September 2021 as part of El Salvador’s Bitcoin rollout, has faced widespread criticism since its debut, including allegations of identity theft, fraud, technical failures, and frozen user accounts.

Chivo wallet under negotiation

The IMF confirmed that negotiations for the sale of the Chivo wallet are “well advanced,” marking a significant step in scaling back the government’s direct involvement in Bitcoin infrastructure.

One of the architects of the wallet said last year that the application should be shut down due to the controversy it generated since its launch.

As part of the EFF agreement, El Salvador committed to reducing public sector participation in Bitcoin-related activities.

In March, the IMF formally asked the country to halt Bitcoin accumulation through purchases and mining and to dismantle public structures used to acquire the digital asset.

The fund later said El Salvador has complied with these commitments, including initiating a full phase-out of the Chivo wallet.

Despite these steps, several private-sector Bitcoin wallets are expected to continue operating in the country.

At the time the IMF loan was agreed, Stacy Herbert, director of El Salvador’s National Bitcoin Office, said that while Chivo’s role would change, private wallet providers would continue to serve users.

Bitcoin accumulation remains a point of tension

Bitcoin policy remains a central source of friction between El Salvador and the IMF.

The fund has repeatedly warned that Bitcoin’s price volatility poses risks to public finances and has pushed for limits on government exposure.

Nevertheless, El Salvador continues to report ongoing Bitcoin purchases.

Last month, the country added 1,098 BTC to its national reserves, worth nearly $100 million at the time, according to official disclosures.

Data published by El Salvador’s Bitcoin Office shows that the country holds about 7,509 BTC, with purchases continuing on a daily basis, even during periods of high market volatility.

In May, the IMF reiterated that “efforts will continue” to ensure El Salvador does not accumulate additional Bitcoin.

President Nayib Bukele has publicly rejected the idea of stopping purchases, stating in March that the policy would continue regardless of external pressure.

IMF praises economic performance

While flagging ongoing concerns around Bitcoin, the IMF struck a positive tone on El Salvador’s broader economic performance.

The fund said the economy is expanding faster than expected, with real GDP growth projected to reach around 4% this year and strong prospects for next year.

The IMF also noted that fiscal targets remain on track, foreign reserves are increasing, and domestic borrowing has declined.

Structural reforms have advanced, including new banking stability legislation, the adoption of Basel III standards, and updated anti-money laundering rules.

The IMF said it will maintain close engagement with Salvadoran authorities as it works toward a staff-level agreement to complete the second EFF review, underscoring that Bitcoin-related risks remain under scrutiny even as the country’s macroeconomic outlook improves.

The post IMF advances talks with El Salvador on Bitcoin policy and Chivo wallet future appeared first on CoinJournal.

Veröffentlicht am

Bybit to gradually scale back Japan services from 2026 due to tight crypto regulations

  • Bybit will gradually scale back services for Japanese users from 2026 amid ongoing regulatory pressure.
  • Japan’s strict licensing rules are forcing unregistered crypto exchanges to limit or exit the market.
  • While pulling back in Japan, Bybit is expanding in the UK and Middle East under clearer frameworks.

Bybit is preparing to gradually scale back services for users based in Japan from 2026, marking a further shift in how global crypto exchanges navigate one of the world’s most tightly regulated digital asset markets.

The move follows months of regulatory pressure and earlier steps taken by the exchange to reduce its footprint in the country.

Bybit said the process will involve rolling account restrictions applied over time, rather than an immediate shutdown, as it aligns with Japan’s regulatory framework.

The development comes even as the exchange expands in other jurisdictions, underlining the uneven global regulatory landscape for crypto platforms.

Japan’s regulatory pressure

The phased restrictions will apply to users identified as Japanese residents, with Bybit implementing the measures on a rolling basis.

Users who believe they have been incorrectly classified have been asked to complete additional identity verification checks to resolve their status.

Bybit is not registered with the Financial Services Agency, which requires crypto exchanges serving Japanese residents to obtain local approval before offering services.

Japan’s regulatory regime has long been regarded as one of the strictest globally, shaped by past exchange failures and consumer protection concerns.

This framework has limited the ability of overseas platforms to operate freely in the country without a local licence.

Bybit’s decision to begin a structured withdrawal from 2026 reflects the growing difficulty for unregistered foreign exchanges to maintain access to Japanese users.

Earlier restrictions in Japan

The latest announcement builds on earlier actions taken by Bybit to curb its exposure to the Japanese market.

In October, the exchange halted new user registrations in Japan, citing ongoing discussions with regulators.

That decision signalled that continued full operations without registration were becoming increasingly unsustainable.

Regulatory scrutiny intensified in February, when Japan’s Financial Services Agency requested that app stores run by Apple and Google suspend downloads of five unregistered cryptocurrency exchanges.

Alongside Bybit, the list included MEXC Global, LBank Exchange, KuCoin, and Bitget. The move reinforced Japan’s stance that access to local users must be tightly controlled.

Industry figures have warned that this regulatory bottleneck is driving innovation elsewhere.

In July, Maksym Sakharov, co-founder and CEO of WeFi, said Japan’s strict oversight was pushing crypto development out of the country, as companies look for more flexible jurisdictions.

Despite the Japan pullback, Bybit remains one of the most active exchanges globally.

Rather than exiting heavily regulated markets altogether, Bybit has increasingly adopted jurisdiction-specific strategies, limiting certain services while expanding in regions with clearer or more accommodating frameworks.

Expansion beyond Japan

While scaling down in Japan, Bybit is simultaneously rebuilding its presence in other markets.

The exchange is reentering the UK after a two-year pause, launching a platform that offers spot trading and peer-to-peer services.

The UK return is structured through a promotions arrangement approved by Archax, rather than through direct UK registration.

Bybit has also strengthened its position in the Middle East.

Last month, it secured a Virtual Asset Platform Operator Licence from the United Arab Emirates’ Securities and Commodities Authority, eight months after receiving in-principle approval.

The licence allows the exchange to expand services in a region that has actively positioned itself as a hub for digital asset firms.

The post Bybit to gradually scale back Japan services from 2026 due to tight crypto regulations appeared first on CoinJournal.

Veröffentlicht am

Hyperliquid price reclaims $25 as whales look to buy more HYPE

  • Hyperliquid price gained to above $25 as buyers piled into the HYPE token.
  • Lookonchain shared details of two whales adding to their Hyperliquid positions.
  • Lookonchain noted that the large investors had deposited $5 million in USDC into Hyperliquid to purchase more HYPE tokens.

Bitcoin’s rally toward $90,000 on Monday drew widespread market attention, but Hyperliquid also stood out among assets posting notable gains.

The decentralised perpetuals trading platform’s native token, HYPE, rose nearly 5% as it moved back above the $25 level.

The advance followed a large whale transaction earlier in the session, alongside on-chain data indicating continued accumulation by large holders.

Sentiment was further supported after Hyperliquid shared an update related to HYPE trading activity and transparency on the platform.

HYPE featured among a group of tokens showing strong 24-hour performance, alongside Midnight, Sky, Kaspa and Sei, as broader interest extended beyond Bitcoin’s move.

Hyperliquid whales buy more HYPE, price gains

Recent on-chain data, highlighted by Lookonchain on X, reveals a strategic accumulation by two prominent whale wallets.

On December 22, 2025, Lookonchain noted that the large investors had deposited $5 million in USDC into Hyperliquid to purchase more HYPE tokens.

One of the wallets held 214,497 HYPE, worth over $5.44 million at the time and still boasted $5.52 million, likely ready to pounce.

The other whale held 102,460 HYPE worth $2.61 million and dry powder of $2.45 million meant for future purchases.

Both whales held the money in the USDC stablecoin.

As noted, the price of HYPE, which had experienced a decline of over 14% over the past seven days as it dropped to $22, swiftly reclaimed the $25 threshold.

The rebound could accelerate amid an altcoin bounce, allowing for a retest of the $30 resistance zone.

Whales might offer a formidable bid wall. A surge in buying pressure shows in the 15% spike in daily trading volume.

Hyperliquid Labs comments on HYPE insider trading

The HYPE price fell sharply in recent weeks, with allegations of insider trading surfacing.

Now, Hyperliquid has officially commented on the concerns.

In its update, the team categorically denies any misconduct from its members.

Per a statement shared on X, Hyperliquid Labs has clarified that a wallet accused of shorting HYPE belonged to a former employee who was terminated in the first quarter of 2024.

Hyperliquid Labs emphasised its stringent ethical standards. It includes a comprehensive trading policy that prohibits derivatives trading involving HYPE by team members and maintains a zero-tolerance stance on insider trading.

Co-founder of Hyperliquid Illiensic posted a similar update on Discord.

While the platform has dismissed the allegations of insider trading as solely the work of an unaffiliated former employee, the co-founder noted two key facts: Employees and the team cannot trade derivatives on the HYPE token or use insider information to trade. The same cannot be passed to third parties.

The post Hyperliquid price reclaims $25 as whales look to buy more HYPE appeared first on CoinJournal.

Veröffentlicht am

Kaspa price jumps to near $0.05 amid HTX listing

  • Kaspa price changed hands above $0.048 amid a slight uptick.
  • The token is set for listing on HTX, formerly Huobi.
  • A technical outlook suggests a potential bullish continuation.

Kaspa (KAS) is among top performers in the crypto market on Monday, December 22, 2025, as its price surges over 6% in 24 hours to above $0.048.

The uptick, which comes amid a recent listing announcement by HTX, sees the proof-of-work token trend towards the key $0.05 resistance level.

Bulls are edging higher after bouncing off lows of $0.040 reached on December 18.

Significantly, the KAS token’s gains outpace Bitcoin’s bounce to above $89,000 and Ethereum’s reclaiming of the $3,000 mark.

But can bulls hold on amid broader market fluctuations?

Price gains ahead of HTX listing

Kaspa’s price has jumped nearly 9% from its recent weekly low to hover around $0.048.

This uptick aligns with Bitcoin’s rebound from its lows last week.

However, the latest momentum for KAS can also be largely attributed to the anticipation surrounding its spot trading debut on HTX.

The crypto exchange, formerly known as Huobi, plans to list the altcoin this week.

While not a fresh announcement, this is something that could enhance liquidity and accessibility for traders worldwide.

Kaspa price is up as buyers anticipate that HTX’s vast user base could drive increased trading volume and exposure for KAS.

Over the past week, KAS has risen 8%, outperforming most peers.

Meanwhile, trading volume has surged 109% in the past 24 hours to over $33 million to signal bullish bias after price action shrank as broader market consolidated.

Kaspa’s unique blockDAG technology continues to attract long-term investors, and the upcoming listing on HTX aligns with ecosystem growth and integrations.

KAS price forecast

The price of Kaspa has been in a downtrend since hitting highs near $0.20 in July 2024.

Year-to-date highs are at $0.12, which the bulls reached in May 2025.

At around $0.048, the token’s value is thus well off recent peaks.

Bears may fancy their chances of returning to key levels below current prices.

The good news for bulls is that prices swiftly bounced off lows of $0.009 hit on October 10, 2025, when BTC crashed hard.

From a technical perspective, however, Kaspa exhibits a bullish reversal setup.

Kaspa Price Chart
Kaspa price chart by TradingView

A potential breakout from below a downtrend line on the daily chart indicates KAS might explode above $0.05.

If bulls revisit the $0.081 level, $0.10 area could be next. The all-time high of $0.207 could also be reachable in the short term.

The RSI is no longer in overbought territory and is upsloping, a scenario that reduces downside risks.

Meanwhile, the MACD indicator is hinting at a possible bullish crossover.

The Crescendo protocol upgrade and other bullish conditions in Q1 2026 might add to overall gains.

For the long-term, the $0.5 and $1 will be critical targets.

The post Kaspa price jumps to near $0.05 amid HTX listing appeared first on CoinJournal.