# Crypto Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Crypto", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Coinbase's Walled Garden

Coinbase is strategically shifting from being a simple crypto on-ramp to building a comprehensive "everything exchange" to combat fee compression and cyclical trading volumes. This mirrors a common industry pattern where initial specialization gives way to integrated platforms that win through convenience, not perfection. The company is aggregating diverse assets—cryptocurrencies, stocks, perpetual futures, and prediction markets—into a single app. The thesis is that users, after a single KYC and bank link, prefer a unified platform over managing multiple specialized apps. This strategy aims to boost engagement; for instance, prediction markets keep users active during calm crypto periods. While the core business remains monetizing users through various fees and subscriptions, the real long-term differentiation is its control over the Base blockchain. This infrastructure could enable truly on-chain, 24/7 trading with instant settlement, something traditional brokers like Robinhood can't easily replicate. However, this move towards a centralized super-app conflicts with crypto purists who value decentralization. Coinbase's bet is that convenience and a seamless user experience will create a powerful ecosystem lock-in through low switching costs, not contracts. It aims to serve the mass market that prioritizes ease of use, even if it means sacrificing ideological purity. The challenge is to avoid becoming a bloated app while executing this Amazon-like strategy of being "good enough" at everything to become the default financial platform.

marsbit12/23 13:12

marsbit12/23 13:12

Assessing if OKB crypto is ready to rally after a 54% decline

OKB, the utility token of the OKEx exchange, gained 2.39% in 24 hours but remains down 54% from its October high of $238. Despite the sharp decline, technical analysis suggests a potential bullish reversal. The price recently rebounded after nearly retesting a key Fibonacci support level at $90.71. While indicators like the A/D show increasing buying pressure, the RSI has struggled to break above the neutral 50 level, indicating bearish momentum is weakening but not yet fully reversed. Given ongoing market pressure from Bitcoin's bearish trend, OKB may continue consolidating rather than experiencing an immediate explosive rally. Traders are advised to consider buying above the $104.4 support level, with short-term targets at $115.4 and $118.8, using a drop below $104.4 as an invalidation point.

ambcrypto12/23 13:02

Assessing if OKB crypto is ready to rally after a 54% decline

ambcrypto12/23 13:02

Who is Harriet Hageman? The Republican Congresswoman Eyeing Cynthia Lummis’ Senate Seat

Republican Senator Cynthia Lummis of Wyoming, a prominent crypto advocate, will not seek reelection in 2026, creating a policy void for the digital asset sector in the Senate. Her departure may impact crypto legislation, as she co-sponsored key bills on regulation, self-custody rights, and stablecoins. Harriet Hageman, Wyoming’s Republican House Representative, is reportedly considering a run for the seat. While not as vocal as Lummis on crypto, Hageman has a pro-crypto voting record, supporting bills like FIT21 and opposing a retail CBDC. Her potential election could maintain Wyoming’s support for crypto, though her advocacy style may differ.

ccn.com12/23 12:50

Who is Harriet Hageman? The Republican Congresswoman Eyeing Cynthia Lummis’ Senate Seat

ccn.com12/23 12:50

Don't Waste Every Loss: The 'Sisyphean Revelation' of the Crypto Market

The article "Don't Waste Every Loss: The Sisyphus Lesson for Crypto Markets" addresses skilled traders facing significant profit drawdowns despite strong historical performance. It draws a parallel to the myth of Sisyphus, who found meaning in the struggle itself, suggesting that success in crypto trading lies not in avoiding losses but in embracing the process with awareness and resilience. The piece critiques two common emotional reactions to major losses: doubling down aggressively (like a Martingale strategy) or quitting entirely. Both are seen as superficial fixes that avoid the core issue: flawed risk management. The real challenge isn’t knowing risk principles but executing them consistently under emotional pressure, ego, and stress. To recover, traders must accept the loss as a tuition fee for personal flaws, not bad luck. They should anchor to current net worth, not past highs, and avoid the dangerous urge to "win it back." Strict rules on position sizing, stop-losses, and discipline are essential to prevent catastrophic failures. Emotional release is encouraged, but the key is converting pain into a lesson to avoid repetition. The article concludes that such losses, if approached with a冷静, machine-like mindset, can build resilience and improve one’s system. Each failure becomes a moat that others must pay to learn. The goal is not redemption or revenge but growth, ensuring the same mistakes never recur.

marsbit12/23 12:39

Don't Waste Every Loss: The 'Sisyphean Revelation' of the Crypto Market

marsbit12/23 12:39

The Hidden Realities and Concerns Behind Web3 Unicorn Phantom

The Web3 unicorn Phantom, valued at $3 billion, has navigated a challenging 2025 in the crypto wallet market. While its user base grew to nearly 20 million monthly active users and assets under custody surpassed $25 billion, its market share in embedded swaps plummeted from 10% to just 0.5%, as users migrated to exchange-linked wallets offering lower fees and stronger incentives. Phantom, which started on Solana and expanded multi-chain, remains heavily dependent on the Solana ecosystem, with 97% of its swap transactions occurring there. This has posed risks as Solana's TVL declined over 34% from its peak. In response, Phantom has aggressively pursued new product lines to diversify revenue and usage. Key launches include its native stablecoin CASH, which surpassed $100 million in supply; a Phantom-branded debit card for spending crypto in the U.S.; the acquisition of trading tools like Solsniper; integration of a prediction market with Kalshi; and the release of a free SDK, Phantom Connect, for easier dApp onboarding. CEO Brandon Millman emphasizes focusing on product over token launches or an IPO, aiming to make crypto a tool for everyday payments. However, the path is competitive, with MetaMask having already launched a similar card in more regions. The success of Phantom's debit card and the sustainability of its stablecoin remain to be proven as it battles to define the future of independent non-custodial wallets.

marsbit12/23 12:08

The Hidden Realities and Concerns Behind Web3 Unicorn Phantom

marsbit12/23 12:08

Push to End Crypto Staking Double Taxation Gains Momentum in Washington

As crypto staking becomes more widespread, U.S. lawmakers are pushing for clearer tax rules to avoid double taxation and simplify compliance. A bipartisan group of 18 House representatives has urged the IRS to update its guidance, arguing that taxing staking rewards only upon sale—rather than at receipt—would better reflect actual economic gains and reduce administrative burdens. They warn that current policies may discourage staking, which is crucial for blockchain security. Additionally, the newly introduced Digital Asset PARITY Act proposes a de minimis exemption for small stablecoin transactions and defers income recognition from staking for up to five years. These efforts reflect a growing consensus in Congress for more coherent crypto tax policies ahead of key 2026 tax changes.

bitcoinist12/23 11:49

Push to End Crypto Staking Double Taxation Gains Momentum in Washington

bitcoinist12/23 11:49

Fundstrat Warns of Bitcoin Price Drop to $60,000, Contrasts Tom Lee’s Bullish $200,000 Prediction

Fundstrat Global Advisors has reportedly issued an internal warning about a potential sharp correction in cryptocurrency markets in early 2026, according to a leaked document circulating on social media. The document suggests Bitcoin could fall to around $60,000, Ethereum to $1,800, and Solana to between $50 and $75. This contrasts sharply with the publicly bullish stance of the firm’s chairman, Tom Lee, who has repeatedly predicted Bitcoin could reach $200,000 or higher. In response, Fundstrat’s Head of Digital Asset Strategy, Sean Farrell, clarified that the differing forecasts reflect separate analytical approaches for different client types and risk profiles, not an internal conflict. Lee remains optimistic, especially about Ethereum’s role in tokenization, suggesting it is "grossly undervalued" and could reach $12,000.

ccn.com12/23 11:24

Fundstrat Warns of Bitcoin Price Drop to $60,000, Contrasts Tom Lee’s Bullish $200,000 Prediction

ccn.com12/23 11:24

ETHZilla offloads $74.5 mln Ethereum to pay debt: ‘Embarrassing!’

ETHZilla, a Peter Thiel-backed firm, has sold $74.5 million worth of Ethereum (24,291 ETH) to pay down its debt, marking a significant shift from its corporate treasury strategy just four months after adopting it. The company also announced it will discontinue its mNAV metric and pivot its focus toward tokenization. This abrupt change drew sharp criticism from analysts, with one calling it an "embarrassing" destruction of shareholder value. The firm’s mNAV had fallen below 1 in early December, complicating its ability to raise capital. Meanwhile, broader market outflows hit ETH, with treasury and ETF firms seeing nearly $670 million in outflows over the past week, keeping ETH prices subdued below $3,000.

ambcrypto12/23 10:03

ETHZilla offloads $74.5 mln Ethereum to pay debt: ‘Embarrassing!’

ambcrypto12/23 10:03

Hageman video fuels Senate chatter as Lummis leaves Wyoming seat open

Wyoming Representative Harriet Hageman has sparked speculation about a 2026 Senate run by posting a cryptic "Soon" video after Senator Cynthia Lummis announced she will not seek reelection. Lummis, a key crypto industry ally and co-sponsor of major digital asset legislation, is retiring, leaving a significant void for crypto advocacy in the Senate. Hageman, while aligned with broader conservative priorities, is now being encouraged by Wyoming's crypto community, including Custodia Bank founder Caitlin Long, to embrace this legacy. The race will test whether Wyoming continues its role as a central hub for crypto policy or shifts focus to other agenda items.

cointelegraph12/23 09:15

Hageman video fuels Senate chatter as Lummis leaves Wyoming seat open

cointelegraph12/23 09:15

Huobi HTX 'Double Dan Carnival · Trading Festival' Officially Launches, 200,000 USDT Prize Pool Collaborates with TRON Ecosystem to Create Year-End Trading Feast

Huobi HTX has launched its "Year-End Carnival: Trading Festival" from December 22, 2025, to January 18, 2026, featuring a total prize pool of 200,000 USDT. The event is co-sponsored by key TRON ecosystem projects including TRON DAO, SunPump, JUST, AINFT, BitTorrent, WINkLink, Steemit, and SunGenX. Highlights include a 28-day daily red envelope rain with 5,000 USDT distributed each day at 11:00 AM UTC+8. On Christmas and New Year’s Day, an additional 10,000 USDT no-threshold red envelope will be released. Users who perform any transaction or interactive activity (such as posting or sharing) on the HTX App between December 1, 2025, and January 15, 2026, become eligible to claim the red envelopes. The campaign integrates trading incentives, airdrops, and community activities to boost engagement with the TRON ecosystem. It includes phases for interactive learning, core trading missions—covering spot, futures, and copy trading—and a finale with intensified rewards. Huobi HTX aims to enhance year-end market participation and user experience through this event.

深潮12/23 08:11

Huobi HTX 'Double Dan Carnival · Trading Festival' Officially Launches, 200,000 USDT Prize Pool Collaborates with TRON Ecosystem to Create Year-End Trading Feast