Author: CoinNewsJunction.com

AVAX price is stuck in a deep bear market after crashing by 66% from its highest point in September, despite having some of the best fundamentals in the layer-1 industry. Summary AVAX price continued its strong downward trend. Spark’s total value locked on Avalanche has jumped to $210 million. The number of addresses in the network has continued rising. Avalanche network growth is accelerating Avalanche (AVAX) token dropped to $11.95, its lowest level since November 2023. It has declined over the past 13 consecutive weeks, underperforming other top networks in the crypto industry, such as Solana and Ethereum.  Data shows…

TLDR:  OCC found large banks applied restrictive policies that limited access for several lawful but sensitive industries. The agency reported internal rules requiring escalated reviews before certain customers could obtain services. Comptroller Gould said the OCC aims to stop actions that could “weaponize finance” across the banking system. Thousands of complaints on political and religious debanking remain under review for future public reporting. OCC Releases Preliminary Findings as the agency intensifies its examination of what it calls “weaponized finance” across the country’s largest national banks.  The Office of the Comptroller of the Currency released an early report detailing how nine…

Despite the recent crash that saw the XRP price fall below $2, many analysts claim that the cryptocurrency could still skyrocket to $100 by the end of the year. However, one expert has thoroughly dismissed these projections, urging investors to temper expectations and warning that those who believe such predictions need a “reality check.” Why XRP Can Never Reach $100 By Year’s End Crypto market expert Zach Humphries has delivered a detailed assessment of XRP, calling out extreme price predictions and overly optimistic expectations, especially during the current downtrend. In a video on X, he warns that claims suggesting XRP…

TLDR Individuals using electricity illegally for crypto face fines from 15,000 to 37,000 somoni. Groups committing large-scale offenses risk fines up to 75,000 somoni or 2–5 years imprisonment. Organized groups on an especially large scale may face 5–8 years in prison. Illegal mining has caused electricity shortages and financial losses exceeding 32 million TJS. Tajikistan has officially introduced criminal penalties for the illegal use of electricity for cryptocurrency mining.  The new regulations aim to curb unauthorized electricity consumption by individuals and groups operating mining farms. Offenders face fines ranging from 15,000 to 75,000 somoni or imprisonment for two to eight…

TLDR: Senate Republicans push for markup next week to advance crypto market legislation. Democrats seek stronger governance and consumer protection measures in the bill. Agriculture Committee’s draft leaves DeFi and other sections unresolved. Industry closely watches negotiations as holiday recess approaches, signaling urgency. Senators are accelerating efforts to finalize the crypto market bill as the holiday recess approaches.  Lawmakers are negotiating key provisions to create clear rules for the cryptocurrency industry, with only days remaining in the congressional calendar. Republicans are pushing for a markup next week, while Democrats continue seeking revisions to address governance and consumer protections.  Industry participants…

TLDR: Uber will invest over $400M in Japan in 2025 to grow local operations and marketing. The company plans deeper partnerships with taxi operators to strengthen mobility services. Uber Eats adoption in Japan is 20%, leaving room for growth in urban areas. Digital income programs for drivers may expand to Japan, offering flexible work opportunities. Uber commits $2B to Japan through a five-year expansion plan aimed at strengthening its position across mobility, delivery, and flexible work services.  The commitment was confirmed during a visit to Tokyo by Uber Technologies CEO Dara Khosrowshahi, who outlined the company’s long-term priorities for the…

Tesla hit a level today that looked insane just months ago, crossing a $1.5 trillion market cap after adding roughly $900 billion since April 2025. TSLA has surged by about 4% in early trade and sat just under the old peak of $488.54, putting the company on track for a record close. The move came as videos of new testing rounds went viral and analysts raised targets again. Robotaxi progress drives the stock higher The jump followed new excitement around Tesla’s Robotaxi program. A user on X.com posted a clip on Sunday showing a Tesla Robotaxi driving around Austin without…

Solana’s price trades below $130 after losing key high-timeframe support, increasing the risk of a capitulation move toward deeper liquidity below $100. Summary SOL breaks below $130, confirming a bearish structural shift. Price remains below the point of control with weak volume bounces. Untested liquidity below $100 raises capitulation risk. Solana (SOL) is showing increasing signs of downside vulnerability as price action slips beneath the critical $130 level on a closing basis. This region previously acted as high-time-frame support, and its loss marks a notable shift in market structure. With price now trading below key volume-profile levels and buyer response…

TLDR: Belarus blocks Bitget, ByBit, OKX and others after regulators cite inappropriate advertising on their websites. Users report access failures and warnings that VPN logins may risk account freezes on restricted exchanges. Officials confirm actions align with Article 511 of the Law on Mass Media, expanding oversight of crypto activity. A new centralized wallet registry tracks addresses linked to suspected criminal fundraising in ongoing cases. Belarus bars citizens from using foreign crypto exchanges after state authorities moved to block several major global trading platforms on December 10.  Local users reported that Bitget, ByBit, and OKX stopped opening through national internet…

TLDR Ethereum ETFs bought 67,532 ETH, over 3x the weekly issuance of 18,577 ETH. Bitcoin ETFs purchased 3,170 BTC, slightly exceeding new weekly network issuance. ETF demand surpasses new supply, but prices remain stable without major reaction. $208M in ETH and $286M in BTC were absorbed by ETFs without immediate market spikes. Ethereum and Bitcoin ETFs have recently shown strong purchasing activity, exceeding the amount of new coins being issued.  According to data shared by Bull Theory, Ethereum ETFs purchased 67,532 ETH in the past seven days, while the Ethereum network issued only 18,577 ETH. This means ETF buying accounted…