Latest Cryptocurrency News

IMF Warns That Growing Stablecoin Use Could Weaken Central Bank Power - Stablecoins are opening up new ways for people to access financial services, but the International Monetary Fund isn’t exactly cheering them on. In a big report released Thursday, the IMF makes it clear: while stablecoins bring convenience, they can also put central banks in a tight spot when it comes to controlling their own money systems. The main risk? Something called “currency substitution.” Basically, people start ditching their local money for foreign currencies—or digital coins tied to those currencies. Over time, this can chip away at a country’s control over its own economy. It used to be that if you wanted to use U.S. dollars, you had to actually get your hands on cash, or maybe open a special bank account. Now, with stablecoins spreading fast on smartphones and the internet, it’s much easier for regular folks to bypass local currencies entirely. The IMF warns that this isn’t just a slow trend. Stablecoins can sweep into an economy quickly, reaching far more people than old-school financial tools ever did. When it comes to cross-border payments, stablecoins pegged to foreign currencies can speed up this shift even more. If people use unhosted wallets—basically digital wallets outside the banking system—central banks can lose track of what’s going on. If enough people jump ship from their national currency, central banks could end up losing their grip on things like interest rates and how much money is floating around. The report also points out that if the world really starts running on dollar-backed stablecoins, even digital currencies created by local central banks—like CBDCs—might have trouble keeping up. CBDCs are different from private stablecoins because they’re run entirely by governments, giving the authorities complete control. But once people get used to private, dollar-based coins, it gets a lot harder for local alternatives to catch on. We’re already seeing this play out in places like Africa, the Middle East, Latin America, and the Caribbean. In these regions, stablecoins are replacing traditional foreign-exchange deposits that central banks rely on to steer their economies. The IMF gets why people are making the switch, especially in countries where inflation’s running wild and local money is losing value fast. IMF Warns That Growing Stablecoin Use Could Weaken Central Bank Power Right now, U.S. dollar stablecoins absolutely dominate the scene—about 97% of the $311 billion market, according to CoinGecko. Euro-linked stablecoins are tiny by comparison, and yen versions barely register. The entire market is tilted toward the dollar. The IMF says if countries want to protect their financial independence, they need to set clear rules for digital assets. The idea is to make sure these coins don’t get treated as official currency or legal tender. Without those guardrails, governments risk losing control over what people use to pay for things in their own countries. The European Central Bank is worried too. Last November, the ECB warned that a surge in dollar-backed stablecoins could drain money out of regular banks, forcing them to rely on riskier funding sources. But not everyone’s ringing alarm bells. When the U.S. signed off on stablecoin rules earlier this year, Treasury Secretary Scott Bessent talked up the positives—like boosting demand for U.S. government debt, which backs most stablecoin issuances. “This increased demand could help push down borrowing costs and support efforts to manage the national debt,” Bessent said. “It would also introduce millions worldwide to a dollar-based digital financial system.” Related Reading : https://www.topcoinindex.com/news/ethereum-whale-activity-continues-5000-eth-sent-to-binance-as-price-reclaims-3k-zone  

Ethereum Whale Activity Continues: 5,000 ETH Sent to Binance as Price Reclaims $3K Zone -Ethereum’s showing real signs of life after climbing back above $3,150. For weeks, fear and heavy selling kept ETH under pressure, but now, with the wider crypto market bouncing, things look brighter. What stands out? ETH is outpacing a lot of other major altcoins, and that’s got investors paying attention. On top of the price action, there’s fresh on-chain data from Lookonchain. One of Ethereum’s most-watched whales, wallet 0xdECF, just sent 5,000 ETH—worth about $15.5 million—to Binance. This isn’t the first time, either. This whale has a history of moving big amounts to exchanges during wild market swings, usually when things get turbulent and prices dip hard. This latest transfer shows the whale’s still active and reacting quickly as the market shifts. Big moves like this sometimes make traders nervous, but they also mean more liquidity and real activity from the major players. With ETH climbing back to key levels and whales shifting their positions, we’re at a crossroads. The next phase could define whether this rebound really sticks or fizzles out. According to Lookonchain, wallet 0xdECF has sold a total of 25,603 ETH (about $85.4 million) on Binance and Galaxy Digital since late October. Even after all that selling, the wallet still holds 5,000 ETH—so the whale’s not out, just a lot lighter. It’s a sign: big holders aren’t ditching Ethereum, but they’re cutting risk and staying nimble in these choppy markets. When a whale dumps this much ETH, it usually puts pressure on the price, especially if there’s not a lot of liquidity. That can make bad markets worse. But since the whale’s still got some skin in the game, it’s clear they see at least some upside—or they’re keeping their options open in case things turn around. Ethereum Whale Activity Continues: 5,000 ETH Sent to Binance as Price Reclaims $3K Zone Right now, Ethereum’s at a make-or-break moment. It’s reclaimed some important ground, but the bigger picture is still shaky. Macro trends and what big holders do next will shape where ETH goes from here. If the heavy selling slows down and buyers step up, this rally could gain steam. If not, a drop back toward $2,800 might be next. ETH’s daily chart looks better—momentum picked up after the price pushed above $3,150–$3,200. Buyers showed up in force when ETH bounced off the $2,750–$2,850 zone, and those deep lower wicks hint at real demand. Short-term levels have been won back, but the hurdles ahead are serious. The first test is the 50-day simple moving average, just above $3,250 and trending down. Every rally since October has hit a wall here. If bulls want to flip the script, they need to break through this level. Beyond that, there’s a thick band of resistance from the 100-day SMA near $3,450 to the 200-day at $3,600. Those levels have kept ETH in a downtrend for months. The good news? Trading volume jumped during this latest move, showing buyers have more conviction than they did in those weak November bounces. But let’s be real: the broader trend is still bearish until ETH can smash through the 50-day SMA and close above $3,300. So, here’s where things stand. If ETH can hold above $3,100, there’s a real shot at a continued recovery. But if it gets rejected around $3,250–$3,300, we could be headed for yet another test of the $2,800 zone. The next few days will tell us if this is the start of something bigger or just another blip before the next pullback. Related Reading : https://www.topcoinindex.com/news/cardano-founder-outlines-game-plan-for-2026-but-can-ada-still-bounce-back

Cardano Founder Outlines “Game Plan” for 2026 But Can ADA Still Bounce Back? -As 2025 winds down, Charles Hoskinson the guy behind Cardano seems to be looking ahead, just like the rest of the crypto world. He recently shared a roadmap that could shake up the Cardano ecosystem and maybe even change how ADA moves in the market next year. ADA hasn’t exactly been keeping up with the big altcoins this year, but these upcoming changes might give it a much-needed boost. Hoskinson’s got big plans for 2026, and he isn’t shy about it. In a new video on X, he laid out his vision: Cardano should become not just a better blockchain, but one of the most accessible distribution systems out there. Ambitious? For sure. Of course, he’s not sugarcoating things. Building something this complex brings headaches bugs, unexpected problems, the usual chaos. But Hoskinson says what really matters is how the team deals with it. Quick responses, learning from mistakes, and always improving that’s the game plan. Every failure is just another lesson. He’s not promising perfection, but he’s firm about Cardano’s staying power, long-term thinking, and the drive to keep pushing forward. Cardano Founder Outlines “Game Plan” for 2026 But Can ADA Still Bounce Back? Still, nobody knows if ADA’s price will finally turn around. Right now, it’s trading at about $0.449—a rough 63% drop for the year and down another 16.6% just this past month. That’s a hard pill to swallow when you look at Ethereum or Solana, both of which set new records earlier in the year. ADA’s weak performance has left investors scratching their heads, especially since Cardano’s development keeps moving and the community stays loud. Even so, some analysts aren’t giving up on ADA. Take Sssebi, for example. He’s watching that $0.50 resistance like a hawk. Break that, he says, and ADA could kick off what he calls a “mega bullish phase.” He thinks Cardano’s structure is still solid, even if the market’s ignoring it. Climbing past $0.50 could flip the mood and maybe spark a full-on recovery. Right now, Sssebi sees ADA hovering near $0.44 and thinks this could be the bottom. For traders looking for a turnaround, this price might be a tempting entry—if they’re willing to bet on a rebound in the months ahead. Related Reading :  https://www.topcoinindex.com/news/solana-mobile-reveals-new-skr-token-details-ahead-of-2026-launch

Solana Mobile Reveals New SKR Token Details Ahead of 2026 Launch - Solana Mobile shared fresh information on Wednesday about SKR, the upcoming native token that will power its Seeker smartphone ecosystem. The company confirmed that SKR is scheduled to debut in January 2026, serving as both the economic engine and governance layer for its decentralized mobile platform.

In an announcement posted on X, Solana Mobile revealed that SKR will have a fixed total supply of 10 billion tokens.

Solana Mobile emphasized that the token’s distribution is intentionally designed to reward users and support long-term expansion. The planned allocation includes:

• 30% for airdrops to early adopters and community members

• 25% for ecosystem growth, partnerships, and incentives

• 10% for liquidity and initial launch support

• 10% directed to a community treasury

• 15% allocated to Solana Mobile

• 10% reserved for Solana Labs

This structure aims to create a user-first token economy while giving the project resources to scale the Seeker ecosystem.

Solana Mobile Reveals New SKR Token Details Ahead of 2026 Launch

SKR will feature a linear inflation model aimed at encouraging early engagement—from staking to network participation. Inflation will start at 10% in the first year, then gradually decrease by 25% each year until it reaches a long-term steady rate of 2%.

Solana Mobile says this approach is meant to stimulate early activity during the platform’s initial expansion while maintaining a predictable and sustainable issuance model over time.

The SKR token will integrate closely with the Seeker phone, Solana Mobile’s next-generation device that launched in August. The Seeker builds on the original Saga phone, offering improved hardware and deeper on-chain capabilities, positioning it as a flagship for decentralized mobile experiences.

Related Reading : https://www.topcoinindex.com/news/tron-surpasses-80-2b-in-stablecoins-after-tether-issues-1b-usdt-on-the-network

Tron Surpasses $80.2B in Stablecoins After Tether Issues 1B USDT on the Network - Tron has managed to stand its ground while the rest of the crypto market took a beating. Most big-name altcoins have dropped over 40% since August, but Tron only slipped about 24%. That’s a pretty solid performance, especially when you look around and see the wreckage elsewhere. People seem to trust Tron, and there’s still plenty of demand for what it offers—even as the overall mood turns sour. A big reason for this strength? Tron’s grip on the stablecoin market keeps getting tighter. According to new data from Tronscan and Lookonchain, Tether just minted another $1 billion USDT on the Tron blockchain. That’s a huge vote of confidence in Tron’s ability to handle massive stablecoin transactions. With this latest addition, Tron’s total stablecoin market cap now sits above $80.2 billion. It’s the top dog for USDT transfers, and that’s not changing anytime soon. Whenever the market gets shaky, investors pile into stablecoins—and Tron is usually the main beneficiary. Its reputation for stability, even when everything else is crashing, keeps it in the spotlight. People keep using Tron because it works, and that steady demand isn’t fading. Tron is now a cornerstone in the global stablecoin scene, sitting comfortably as the second-biggest blockchain for stablecoin activity. What draws people in? Fast transactions, rock-bottom fees, and deep liquidity. If you’re moving big amounts of USDT between exchanges, over-the-counter desks, or across borders, Tron is where you go. All of this has helped Tron attract massive inflows, pushing its stablecoin market cap past $80.2 billion, thanks mostly to Tether’s nonstop minting. Still, Ethereum is in a league of its own here, with about $166 billion in stablecoins—almost double Tron’s total. Ethereum’s huge DeFi ecosystem, strong ties to big institutions, and all the high-value stuff happening in smart contracts and lending platforms keep it miles ahead in some areas. The difference is clear: Ethereum’s stablecoins fuel advanced trading and yield strategies, but Tron’s are all about payments, settlements, and liquidity on exchanges. So, each network serves its own crowd. Ethereum dominates with institutional and DeFi demand. Tron wins on speed, scale, and low fees for everyday transactions and high-volume flows. As stablecoins keep catching on around the world, both blockchains play a crucial role in the digital asset economy. Tron Surpasses $80.2B in Stablecoins After Tether Issues 1B USDT on the Network Looking at price action, TRX has held up better than most. While other altcoins slid further, TRX stayed strong above the $0.27–$0.28 support zone, keeping its bigger picture trend intact. Sure, it did pull back from the $0.36 area, but it’s still comfortably trading above the 50-week simple moving average, which sits around $0.28 and acts as a safety net. That’s important. All through 2025, TRX has respected its rising moving averages. The 50-week SMA has been reliable support during every dip. The 100-week and 200-week SMAs are both well below where TRX trades now, showing that the long-term uptrend is alive and well. If TRX wants to get back on offense, it needs to reclaim the $0.30–$0.32 area. That zone used to be strong support and is now a key resistance. Closing above it on the weekly chart could open the door to another shot at $0.34–$0.36. Until then, Tron stands out as one of the market’s most stable players—shrugging off heavy losses, showing real technical strength, and proving it can handle the pressure when most altcoins can’t. Related Reading : https://www.topcoinindex.com/news/chainlink-nears-major-breakout-zone-as-new-etf-ignites-market-excitement

Chainlink Nears Major Breakout Zone as New ETF Ignites Market Excitement - Chainlink (LINK) is grabbing headlines again after the first U.S.-listed Chainlink ETF hit the market and sent the price soaring. LINK shot up more than 20% in a single day, landing around $14.40 as trading volume and interest from big investors spiked. Grayscale’s GLNK ETF launched on December 2, moving its old private Chainlink trust onto NYSE Arca and making it public. They kicked things off with zero management fees, and the debut was wild—over 1.17 million shares traded, way above the usual numbers. Total trading hit about $13.8 million, with early inflows close to $43 million. That’s a strong sign that investors were waiting for something like this. This ETF makes it easier for institutions to get into LINK without actually holding the token. Now that you can find it on platforms like Fidelity and Robinhood, Chainlink is popping up on the radar for traditional investors who might’ve ignored crypto before. Right now, Grayscale’s ETF holds about 1.3 million LINK tokens. At the same time, the derivatives market is heating up. Open interest in LINK futures jumped over 20%, and funding rates turned positive as traders piled into long positions. On the technical side, LINK’s chart is starting to look interesting. Analysts are watching a rare four-year descending wedge pattern, which often hints at a big breakout after a long squeeze. LINK just bounced off the $12.50 support, put in some higher lows, and reclaimed key Fibonacci levels. Momentum is picking up. The daily RSI climbed to 53, and the MACD is turning more bullish. LINK is closing in on the $14.96 Supertrend marker, though it’s still under the 50-day and 200-day EMAs—levels traders watch for signs of a real trend reversal. Chainlink Nears Major Breakout Zone as New ETF Ignites Market Excitement If LINK can hold above $13, analysts are eyeing a move toward $18 to $20 resistance. Breaking through that could open the door to much bigger targets. There’s real optimism building as the year wraps up. Crypto analyst Ali Martinez points out that LINK sits on a major long-term support trendline, which could launch it toward $26 or even $47 if bulls keep pushing. With more institutional money flowing in, derivatives action ramping up, and the new ETF attracting steady capital, the mood around LINK is getting upbeat. For now, traders are glued to the $12–$13 support range to see if LINK can keep its momentum. A clean move above $14.50 to $15 would be the next big step toward a breakout. Related Reading : https://www.topcoinindex.com/news/hype-rises-8-after-approval-of-888-million-digital-asset-treasury