The post Russia Cracks Down on Illegal Crypto Mining appeared first on Coinpedia Fintech News

The Russian Ministry of Justice has introduced a draft amendment to the Criminal Code to punish illegal cryptocurrency mining, reflecting stricter oversight of unlicensed digital asset activities. Under the proposal, people mining without registration could face fines of up to 1.5 million rubles or up to two years of compulsory labor. New Article 171.6 would also allow penalties for operators of mining infrastructure. If the activity causes large damage or involves organized groups, the draft allows sentences of up to five years in prison. The amendment is currently open for public review on Russia’s official legal portal.

The post Ondo Price Prediction 2026, 2027 – 2030: Can Ondo Hit $10? appeared first on Coinpedia Fintech News

The post What Is Shiba Inu’s ‘Shib Owes You’ Plan for Hack Victims? appeared first on Coinpedia Fintech News

Shiba Inu is finally putting structure around one of the most difficult chapters in its history.

Months after the Plasma Bridge hack shook the ecosystem, the project has introduced a formal recovery plan aimed at addressing unresolved user losses. The initiative, called “Shib Owes You” (SOU), turns what was once an open-ended promise into a verifiable, on-chain process.

A Direct Message to the Shib Army

The update came from OG Shiba Inu developer Kaal Dhairya, who acknowledged the strain the past year has placed on the community.

“This year, especially the last few months, has been the hardest period in Shiba Inu’s history,” he wrote, pointing to the hack and the exit of key figures who “left, without accountability.”

Dharyia also pushed back against claims that no legal action was taken. “I have personally been interviewed by not one, not two, but three federal agents,” he said, confirming that information related to the incident has already been shared with authorities.

What Is ‘Shib Owes You’?

SOU is a tokenized debt framework built on Ethereum. Under the system, affected users receive dynamic NFTs that represent the exact amount still owed to them.

“This isn’t a promise in a database somewhere,” Dhairya wrote. “It’s cryptographic proof that you own a claim, recorded permanently on the Ethereum blockchain.”

Each NFT updates as repayments or donations occur, reducing the outstanding balance in real time. The tokens can also be sold, merged, or split, giving users flexibility if they don’t want to wait for full repayment.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   BTC, ETH, XRP, SOL Price Drop Ahead of FOMC Meeting
•   ,

How Repayments Will Be Funded

To support SOU, Shiba Inu is tightening its operations. Dhairya said projects that fail to generate revenue will be paused or shut down, with ecosystem income redirected toward compensating affected users.

“If we’re going to ask the community to be patient while we rebuild, then everyone who has access to ecosystem resources needs to be held to the same standard,” he said.

Future licensing of the Shiba Inu brand will also prioritize funds flowing back into the repayment system.

Infrastructure Is Back, But Caution Is Key

The Plasma Bridge has been restored with added safeguards, critical contracts have moved to hardware custody, and the SOU system has been audited by Hexens.

Still, Dhairya warned that the SOU platform is not live yet and urged users to avoid third-party sites claiming early access.

For now, Shiba Inu is signaling a shift toward repair, accountability, and long-term trust rebuilding.

FAQs

The post FOMC Minutes to Release Today: Here’s How Bitcoin Price Could React appeared first on Coinpedia Fintech News

The U.S. Federal Reserve is set to release the minutes from its December 10 FOMC meeting today, a macro event that could shape market direction well into early 2026. With Bitcoin tightly linked to macro signals, traders across crypto, gold, and equities are bracing for heightened volatility once the report goes live.

Historically, FOMC outcomes have leaned bearish for risk assets. Updated data shows that prices moved lower 75% of the time after FOMC meetings, while only 12.5% of cases saw prices move higher, with the remaining 12.5% showing no clear direction. This trend has made many traders cautious, especially with Bitcoin still stuck in a tight range.

FOMC Minutes to Clarify Fed’s Rate Cut Path

According to the CME FedWatch Tool, expectations around rate cuts remain mixed. The probability of a January rate cut is still low at around 16%, though slightly higher than earlier estimates. Markets are pricing in a 52% chance of a cut by March, while expectations for a second cut by July stand near 59%.

Looking further ahead, rate-cut expectations for 2026 have rebounded modestly, but they remain well below early December highs. Importantly, the Fed’s own dot plot suggests just 33 basis points of cuts on average for 2026, highlighting a more cautious, “wait-and-see” stance among policymakers.

The minutes are expected to shed light on internal disagreements within the Fed. While a 25-basis-point cut was delivered at the December meeting, officials remain divided over how quickly further easing should happen, especially with inflation and jobs data still sending mixed signals.

Why FOMC Minutes Matter for Bitcoin Price?

Bitcoin’s next move will largely depend on how the FOMC minutes are interpreted by the market. If the minutes signal that the Federal Reserve is leaning toward more rate cuts in 2026, the U.S. dollar is likely to weaken, risk appetite could improve, and capital may flow back into assets like Bitcoin, supporting a price recovery. 

However, if the minutes reinforce a cautious or hawkish “wait-and-see” stance, the dollar could strengthen, risk sentiment may fade, and Bitcoin could come under renewed selling pressure. With BTC closely tied to macro conditions, the tone of these minutes could act as the catalyst that decides whether Bitcoin breaks higher or revisits lower support levels.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   BTC, ETH, XRP, SOL Price Drop Ahead of FOMC Meeting
•   ,

Bitcoin Price Outlook: Key Levels to Watch

At present, Bitcoin is range-bound between $87,000 and $90,000, a structure that has held for over a month. Until BTC reclaims the $90,000 level, upside momentum remains capped.

• Bullish scenario: A clean break and acceptance above $90,000 could open the door to $95,000, and potentially a push toward six-figure levels if momentum builds.
• Bearish scenario: Losing the $87,000 support zone increases the likelihood of a drop toward $84,000–$85,000, a level that has acted as a key demand area since November.

Technically, Bitcoin is trading below important resistance near the anchored VWAP, with thin holiday liquidity amplifying moves. Equal lows around $86,690 remain a clear downside liquidity target, while the strongest upside setups appear only at range extremes.

What Comes Next

With liquidity expected to return after the holidays, today’s FOMC minutes could set the tone for Bitcoin’s first major trend of 2026. Until then, the market remains coiled, waiting for the Fed’s words to provide clarity on whether the next move breaks higher or slips lower.

FAQs

The post Hyperliquid Price Prediction 2026, 2027 – 2030: Will HYPE Price Hit A New ATH? appeared first on Coinpedia Fintech News

The post Dogecoin Price Struggles Near Key Support—What Traders Should Watch Next appeared first on Coinpedia Fintech News

Dogecoin (DOGE) price has slipped back into focus as the broader crypto market continues to consolidate. While Bitcoin and Ethereum remain range-bound, DOGE has underperformed, raising questions about whether the memecoin is losing momentum or quietly forming a base. With price hovering near an important support zone, the next few moves could be critical for DOGE traders.

Current DOGE Price Action: Market Snapshot

Dogecoin (DOGE) is currently trading in the $0.125–$0.13 range, extending its short-term weakness. The memecoin carries a market capitalization of roughly $20–21 billion, keeping it among the top crypto assets by size.

Over the past 24 hours, trading volume has hovered around $900 million to $1.1 billion, showing participation remains active but lacks strong directional conviction. On the performance side, DOGE is down modestly on the day and remains negative on the weekly timeframe, reflecting broader risk-off sentiment.

Social interest around DOGE has stabilized, but without a meaningful spike, suggesting attention persists while bullish conviction remains limited.

Dogecoin Price Analysis

The Dogecoin price is believed to be replicating the previous pattern as it drops below a crucial range. Previously, this pullback kept the price consolidated below the local highs for a couple of years. With the yearly trade being on the horizon, the bulls are trying hard to push the levels within the bullish range. However, technically, the price is yet to mark lows, and hence it would be interesting to watch whether the DOGE price could defend the support at $0.1.

The weekly price action of DOGE appears to be pretty bearish, as the Gaussian channel has turned red, hinting at the bears holding a grip over the rally. The weekly RSI has dropped heavily, but before reaching the lower threshold, it is attempting a bullish divergence. From a technical perspective, Dogecoin remains under pressure after failing to hold above the $0.14 resistance, which has now flipped into a supply zone.

The price is currently consolidating near $0.125–$0.13, an area that has repeatedly acted as short-term support over the past few months. Momentum remains weak. Recent rebounds have produced lower highs, indicating sellers are still active on rallies. Trading volume, while steady around $900M–$1.1B, has not expanded enough to signal strong accumulation. Until DOGE reclaims the $0.138–$0.14 range with volume support, upside attempts are likely to remain capped.

Two Scenarios Traders Should Watch

Scenario 1: Support Holds, Base Formation

If $0.13 continues to hold as support, DOGE could form a short-term base. In this scenario, a gradual recovery toward $0.145–$0.16 becomes possible, especially if broader market sentiment improves and Bitcoin stabilises. However, this would likely be a relief move, not the start of a full trend reversal.

Scenario 2: Support Fails, Deeper Pullback

A decisive breakdown below $0.13 would weaken the structure further. That would expose DOGE to a move toward the $0.12–$0.11 demand zone, where stronger historical buying interest is expected. Failure to hold that region could keep DOGE range-bound for an extended period.

Conclusion: Dogecoin Price Prediction for January 2026

Dogecoin’s outlook hinges on whether it can stabilize above current support levels in the coming months. In the near term, price action suggests consolidation rather than strength. Looking ahead to January 2026, outcomes diverge clearly:

• Bullish case: If DOGE regains momentum alongside a broader market recovery, the price could revisit the $0.20–$0.25 range.
• Bearish to neutral case: If memecoin interest continues to fade, DOGE may remain capped below $0.18, with downside risks toward $0.10–$0.12 during deeper market pullbacks.

For now, DOGE price remains a level-driven trade, where confirmation matters more than anticipation.

The post Russia’s New Crypto Law Could Send Unregistered Miners to Prison for 5 Years appeared first on Coinpedia Fintech News

Russia is tightening its grip on crypto mining and this time, the consequences are serious.

Just weeks after officially legalizing cryptocurrency mining, the Russian Ministry of Justice has proposed new criminal penalties targeting miners who operate outside the system. If approved, illegal crypto mining could carry fines, forced labor, and even prison sentences of up to five years.

Russia Targets Unregistered Crypto Miners

The proposal, published on Russia’s official legal draft portal, introduces a new article to the Criminal Code: Article 171.6, titled “Illegal mining of digital currency and activities of a mining infrastructure operator.”

Under the draft law, anyone mining digital assets without being registered could face punishment. The document specifically refers to “conducting digital currency mining by a person not included in the register of persons engaged in digital currency mining.”

For basic violations, penalties could include a fine of up to 1.5 million rubles, compulsory labor, or up to two years of forced labor.

Higher Profits Could Mean Prison Time

The law draws a clear line based on the scale of profits.

If illegal mining causes “significant damage” or generates income of 3.5 million rubles, criminal liability applies. For cases involving organized groups or profits deemed “especially large” – 13.5 million rubles or more – the punishment becomes much harsher.

In those cases, courts could impose fines ranging from 500,000 to 2.5 million rubles, forced labor for up to five years, or prison sentences of up to five years, with additional fines possible.

Legal Mining Comes With Rules

Russia legalized crypto mining on November 1, 2024, but with strict conditions. On the same day, the Federal Tax Service launched official registries for miners and mining infrastructure operators.

As of the end of May 2025, more than 1,000 miners were registered. All miners, including individuals and businesses, must report their mined digital assets every month through their tax accounts.

Enforcement Is the Next Step

In early December, Deputy Prime Minister Alexander Novak said the government plans to introduce criminal liability for illegal mining in 2026.

The direction is now clear. Crypto mining is allowed in Russia but only for those willing to operate openly, register, and report. Those who don’t may soon face more than just fines.

The post Iran’s Rial Hits Historic Low as Inflation Sparks Unrest appeared first on Coinpedia Fintech News

Iran’s economic pressure reached a breaking point in December 2025 as the rial slid to a historic low of nearly 1.4 million per US dollar. The collapse, which marks a 40% drop since June, has pushed the country into renewed unrest and reopened discussions around alternative stores of value, including Bitcoin.

The scale of the decline is staggering. In just a decade, the rial has lost more than 95% of its purchasing power, falling from around 32,000 per dollar in 2015 to current levels. Inflation has only added fuel to the crisis, with prices climbing faster than household incomes can keep up.

Inflation Hits Daily Life Hard

As per reports, Iranian consumers are feeling the pain most sharply in essential goods. Annual inflation rose to 42.2% in December, while food prices jumped by 72% compared to last year. Medical costs were not far behind, climbing nearly 50%. These increases have pushed everyday life out of reach for many families. Following the news, Iran’s Central Bank Governor Mohammad Reza Farzin has resigned.

As frustration spilled into the streets, shopkeepers in Tehran’s Grand Bazaar shut their doors, with protests spreading to cities like Isfahan, Shiraz, and Mashhad. Reports suggest this is the most significant wave of public demonstrations since 2022. Political instability and financial stress have also led to leadership changes, including the resignation of Iran’s central bank governor.

Gold Surges as Trust in Fiat Erodes

When confidence in currency fades, Iranians traditionally turn to gold. That trend accelerated this year, with gold coins doubling in price since June and reaching nearly 1.7 billion rials each. The surge reflects a deep loss of faith in monetary policy, worsened by sanctions, declining oil revenues, and long-standing banking sector issues.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Key U.S Economic Events To Watch This Week
•   ,

Bitcoin Enters the Conversation

Against this backdrop, Bitwise CEO Hunter Horsley pointed to Bitcoin as another way people attempt to shield themselves from economic mismanagement. He described Bitcoin as a tool that exists outside government control, offering individuals a way to protect their savings when national systems fail.

The idea is not unique to Iran, as per Alex Gladstein of the Human Rights Foundation. Across inflation-hit economies, Bitcoin and stablecoins are increasingly used as alternatives to weakening local currencies. Similar patterns have been seen in Argentina, where citizens turned to crypto as the peso deteriorated.

A Hedge, Not a Cure

Bitcoin’s fixed supply and independence from domestic monetary policy make it appealing during currency crises. However, it is not without risks. Volatility, access restrictions, and regulatory pressure remain real barriers, especially in countries facing strict controls.

Still, Iran’s deepening crisis highlights why Bitcoin continues to resurface in moments of monetary collapse, not as a perfect solution, but as a reflection of lost trust in traditional systems.

FAQs

The post Bitcoin May Be Helping the US Dollar, Coinbase CEO Brian Armstrong Says appeared first on Coinpedia Fintech News

Bitcoin has long been seen as a hedge against the US dollar. But Coinbase CEO Brian Armstrong is making a different case – one that’s gaining attention as America’s debt problem keeps growing.

Armstrong believes Bitcoin is not a threat to the dollar. Instead, he says it may actually help keep it strong.

“Bitcoin is good for USD,” Armstrong said, arguing that Bitcoin creates healthy competition that pressures governments to stay disciplined.

Bitcoin as a Pressure Valve for the Dollar

According to Armstrong, Bitcoin acts as a financial escape hatch when trust in government policy starts to weaken.

“Bitcoin provides a check and balance on the dollar in the sense of, if there’s too much deficit spending or inflation in the US, people will flee to Bitcoin in times of uncertainty,” he said.

That possibility, he argues, forces policymakers to think twice before letting inflation spiral. Armstrong warned that if inflation continues to outpace economic growth, the US could eventually lose its reserve currency status – something he described as “a massive blow” to the country.

“It might be okay to have 2-3% inflation if the economy is growing at 2-3%,” he said. “But if inflation outstrips the growth of the economy, you’ll eventually lose the reserve currency status.”

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Why Were Coinbase and Gemini Blocked in the Philippines?
•   ,

Why This Argument Now?

US national debt has climbed to about $37.65 trillion and is growing by more than $70,000 every second. Earlier this year, interest payments on that debt surpassed the country’s entire defense budget.

Armstrong has pointed to these numbers as proof that current incentives don’t encourage balanced budgets. He has also supported efforts to modernize government operations, saying technology could help reduce waste and improve efficiency.

Crypto Community Reacts

Armstrong’s comments quickly sparked discussion online.

Many users agreed with his framing, with one popular reaction stating, “Competition creates accountability. Bitcoin is the check. Inflation is the problem.”

Others weren’t convinced. Some pushed back, saying the perspective doesn’t address the dollar’s intrinsic value.

Bitcoin’s Role Is Changing

The idea that Bitcoin could support the dollar, rather than replace it, is gaining ground. Senator Cynthia Lummis has said Bitcoin could strengthen the US financial position, while Strategy’s Michael Saylor has framed it as digital capital for national balance sheets. Texas has already kick-started its strategic reserve.

The value is clear. Bitcoin has a big role to play.

FAQs

The post Bitcoin, Ethereum, and XRP Price Predictions for January 2026 appeared first on Coinpedia Fintech News

As January 2026 approaches, crypto markets remain volatile, with analysts pointing to potential price movements for Bitcoin (BTC), Ethereum (ETH), and XRP. After a sharp market correction that wiped out $1.2 trillion in recent months, the market is at a critical juncture, and the actions of both retail and institutional investors will likely shape early 2026 trends.

Bitcoin Price 

The Bitcoin price is showing early signs of recovery after recent sell-offs. Analysts note that the current fear and greed index is low, reflecting widespread retail capitulation, while institutional investors view the $3 trillion market cap floor as a potential launchpad for the next cycle. 

Short liquidations, combined with capital rotation from record-high precious metals like gold and silver, could drive BTC toward the $100,000–$110,000 range. Bitcoin’s monthly close will be crucial in determining whether this is a historic accumulation phase or a temporary bull trap.

• Bitcoin could test the $100K–$110K range

Ethereum Price

Ethereum (ETH) price is hovering near key support levels, prompting caution among traders. Technical patterns, such as a potential Head & Shoulders formation, indicate that ETH may experience consolidation or moderate upward movement if support holds around $2,900–$2,950. 

Analysts highlight that trading volume, trend momentum, and relative performance against Bitcoin will dictate the strength of any rally. Institutional interest in staking and DeFi activity could further influence ETH’s trajectory, though current market conditions suggest limited short-term gains without significant buy-side pressure.

• Ethereum may experience moderate gains around $2,900–$3,150

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Ethereum Accelerates Its Roadmap With Glamsterdam and Hegota Upgrades
•   ,

XRP Price 

XRP continues to closely track broader market movements but has shown relative weakness compared to Bitcoin in recent months. Analysts suggest XRP may trade in the $1.8–$3.4 range, with median projections around $1.9–$2.0 in January. 

The crypto’s performance will be influenced by regulatory clarity, institutional trading activity, and overall market liquidity. As Bitcoin and Ethereum attempt to recover, XRP could either benefit from bullish momentum or face amplified losses if BTC breaks to new lows, reflecting the token’s sensitivity to broader market trends.

• XRP might trade between $1.8 and $3.4

The crypto market is currently undergoing what many call a “great reset,” with widespread retail fear coinciding with institutional accumulation at lower price levels. Precious metals like gold and silver are experiencing volatility, prompting some capital to flow into crypto, while low retail interest signals a potential opportunity for early buyers. 

Analysts emphasize that price trends, trading volume, support and resistance levels, and overall market momentum will determine whether January 2026 marks the start of a new bull phase or continued consolidation.

FAQs