Author: Bitxjournal Team

XRP edged higher to $2.06, sustaining support above $2.04 after a volatile trading session. The crypto market remains largely range-bound, with traders closely monitoring key technical levels amid limited catalysts. Despite brief buying pressure lifting XRP slightly, broader conviction remained mutedas the token struggled to break free from its multi-week consolidation. Resistance sits near $2.10 while support holds at $2.04, forming the current trading corridor. Bitcoin and Ethereum similarly faced momentum challenges, reinforcing a cautious environment across altcoins. No significant news or developments emerged to push XRP decisively higher. Background factors such as ETF flows institutional positioning, and network activity…

US Securities and Exchange Commission Chair Paul Atkins expressed strong optimism that the crypto market structure bill will reach President Trump’s desk this year. The legislation is designed to move digital asset markets out of a regulatory gray zone and establish clear oversight for both the SEC and CFTC. Atkins praised the bill as a key step in providing regulatory clarity for the domestic crypto sector, aligning with the administration’s goal of making the US a global crypto hub. He emphasized that clear rules will give investors and companies greater certainty in the marketplace, protecting against conflicting regulatory actions. The…

The debate over whether Bitcoin should be allowed in US retirement plans is heating up, as crypto asset managers and lawmakers take opposing positions. While regulators question the risks, industry leaders argue that concerns about volatility are overstated and inconsistent with how traditional assets are treated. Bitwise Chief Investment Officer Matt Hougan criticized the long-standing resistance to including Bitcoin in 401(k) plans, calling the opposition unfair and outdated. He argued that Bitcoin’s price swings are often highlighted while similar or greater volatility in individual stocks is ignored. Over the past year, Bitcoin experienced roughly a 65% price range, compared with…

Former New York City Mayor Eric Adams has unveiled a new cryptocurrency project just weeks after leaving office, introducing a city-branded memecoin called NYC Token. Adams says the token is intended to combat antisemitism and rising anti-American sentiment while promoting blockchain education and innovation tied to New York City. According to Adams proceeds from the token are expected to support non-profit organizations focused on education and awareness programs, as well as fund blockchain education initiatives and scholarships for students from underserved communities. He framed the project as a way to use emerging technology to address cultural and social challenges beyond…

The US Commodity Futures Trading Commission has announced the formation of a new Innovation Advisory Committee aimed at shaping how emerging technologies such as blockchain and artificial intelligence are regulated in American financial markets. The newly formed committee replaces the agency’s previous technology-focused panel and is designed to advise regulators on commercial, economic, and real-world impacts of new financial technologies. According to the CFTC, the goal is to develop clear and practical regulatory frameworks that reflect how modern markets actually operate as innovation accelerates. Blockchain technology is increasingly reshaping finance by enabling faster settlement, lower transaction costs, and round-the-clock markets.…

Ethereum co-founder Vitalik Buterin has argued that the network must reach a stage where it can endure for decades even without ongoing active development. He described this requirement as a “walkaway test,” meaning Ethereum’s core value should remain intact even if its original builders step away. According to Buterin Ethereum should function like a durable tool rather than a service dependent on constant upgrades. The goal is for the protocol’s existing features to be sufficient on their own, ensuring long-term reliability, neutrality, and trust. He stressed that Ethereum should eventually be considered cryptographically safe for 100 years, setting a high…

A new bipartisan bill introduced in the US Senate seeks to provide long-awaited regulatory clarity for blockchain developers by formally excluding certain crypto activities from money transmitter requirements at both the federal and state levels. The Blockchain Regulatory Certainty Act (BRCA), introduced by Senators Cynthia Lummis and Ron Wyden, is designed to ensure that writing software, publishing open-source code, or maintaining decentralized networks does not automatically trigger money transmission laws. The bill targets growing concerns among developers who fear criminal liability for how third parties use their technology. Lummis said in X post; Recent legal actions have intensified anxiety across…

The US Senate Agriculture Committee has postponed its planned markup of a major crypto market structure bill until the final week of January, signaling that negotiations are still underway as lawmakers work to secure sufficient bipartisan support. Committee Chairman John Boozman said the decision reflects ongoing discussions aimed at finalizing unresolved details. He emphasized that building broad, bipartisan agreement remains the priority before formally advancing the legislation. The markup was originally scheduled for mid-January but was pushed back to allow more time for consensus-building. The proposed legislation is closely watched by the digital asset industry because it would clarify how…

US President Donald Trump has pledged to ensure that major technology companies bear the cost of their rapidly growing electricity consumption, arguing that American households should not face higher power bills due to data centers fueling the artificial intelligence boom. Trump said the US must remain the global leader in artificial intelligence and advanced computing, but stressed that this leadership should not come at the expense of consumers. He pointed to a sharp rise in household electricity costs, noting that the average price per kilowatt-hour has increased by roughly 40% over the past five years. According to Trump, agreements with…

Meta is preparing to reduce its workforce within Reality Labs, its metaverse-focused division, as the company intensifies its push into artificial intelligence development. The reported move reflects a broader shift in strategic priorities as spending on virtual worlds continues to decline. According to reports, Meta is expected to lay off around 10% of Reality Labs staff, potentially impacting roughly 1,500 employees as early as this week. Reality Labs currently employs about 15,000 people and is responsible for Meta’s virtual reality hardware, including VR headsets, as well as its metaverse platforms such as Horizon Worlds and Horizon Workrooms. The planned reductions…