Coinbase is pressuring U.S. lawmakers as Congress prepares to release a major 
crypto market-structure bill on Jan. 12. Banking Lobby vs. Crypto Firms 
Coinbase is ramping up pressure on U.S. lawmakers as Congress prepares to 
unveil a sweeping crypto market-structure bill. At issue: whether exchanges 
like Coinbase can continue offering rewards to customers who hold […]

Coinbase Threatens to Pull Support for Crypto Bill Over Stablecoin Rewards

Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level that 
indicates that the Dogecoin price top is above $10. The analyst also 
highlighted the meme coin’s performance during past bull cycles to explain why 
it could rally to double digits. Dogecoin Price Eyes Rally Above $10 Based on 
These Fibonacci Extensions In an X post, DOGECAPITAL predicted that the 
Dogecoin price could rally above $10, which would mark the top for the 
foremost meme coin. This came as he noted that the monthly DOGE chart 
highlights where major cycle peaks have historically formed using Fibonacci 
extensions and that this pattern is “remarkably consistent.” Related Reading: 
Dogecoin Rapid Accumulation Suggests Sharp Upward Sweep Is Coming The crypto 
analyst mentioned that in the first cycle, the Dogecoin price topped exactly 
at the 4.236 Fibonacci level. In the second cycle, DOGE is said to have peaked 
again at the 4.236 Fibonacci level. DOGECAPITAL remarked that this pattern 
isn’t random but rather a structural behavior. He then stated that if this 
pattern continues into the next cycle, the data strongly suggests that the 
Dogecoin price’s upcoming cycle top could again align with the 4.236 Fibonacci 
level, which currently sits at $33.25. DOGECAPITAL added history doesn’t 
repeat perfectly, but it often rhymes. In this case, DOGE has followed its 
long-term Fibonacci structure with “near-perfect accuracy,” which is why he is 
confident that the meme coin could reach this price target. Meanwhile, it is 
worth mentioning that DOGECAPITAL’s accompanying chart showed that the 
Dogecoin price could reach this $33.25 target between now and 2028. 
Interestingly, the chart showed that DOGE could rally to as high as $100 if it 
reaches the upper boundary of the ascending channel. A rally to these targets 
would mark new all-time highs (ATHs) for the meme coin, whose current ATH is 
$0.74. Market Cap Doesn’t Matter For DOGE A potential Dogecoin price rally to 
$33.25 would give the meme coin a market cap of around $5.6 trillion. However, 
DOGECAPITAL stated that market cap has never dictated how DOGE moves. He said 
that if it did, half the insane runs in crypto wouldn’t exist. The analyst 
noted that Shiba Inu exploded to a massive valuation in 2021 with no 
“realistic” justification, yet the market still sent it to such highs. Related 
Reading: Analyst Says the Worst Is Over For Dogecoin, Predicts Rally To $0.8 
DOGECAPITAL stated that his focus is on the long-term Fibonacci structure and 
that the Dogecoin price has topped at the 4.236 Fib level in two separate 
cycles. He added that this is the entire point of the chart and that it is not 
tied to any quarter, fundamentals, or market cap logic. The analyst also 
claimed that short-term volatility doesn’t erase a decade-long pattern and 
that if the Fib structure breaks, he will adjust accordingly. At the time of 
writing, the Dogecoin price is trading at around $0.14, up in the last 24 
hours, according to data from CoinMarketCap. Featured image from iStock, chart 
from Tradingview.com

Analyst Highlights Fibonacci Level That Could Put Dogecoin Price Top Above $10

In a major new development for the crypto industry, Senators Ron Wyden and 
Cynthia Lummis announced on Monday evening the introduction of a bipartisan, 
standalone version of the Blockchain Regulatory Certainty Act (BRCA). This 
legislation aims to provide much-needed clarity for software developers and 
infrastructure providers in the blockchain space, particularly concerning 
their classification under federal law. New Crypto Bill To Protect Blockchain 
Developers According to the detailed press release regarding the matter, the 
BRCA specifies that developers and providers who do not have control over user 
funds will not be classified as money transmitters. Senator Lummis highlighted 
the ongoing challenges faced by blockchain developers, stating: Blockchain 
developers who have simply written code and maintain open-source 
infrastructure have lived under threat of being classified as money 
transmitters for far too long. This designation makes no sense when they never 
touch, control, or have access to user funds, and unnecessarily limits 
innovation. Related Reading: Crucial Role Of The CLARITY Act In Avoiding A New 
October 10 Crypto Crash, Expert Explains Lummis emphasized that the bill 
provides developers with the clarity needed to advance digital finance without 
the fear of legal repercussions for activities that do not pose a money 
laundering risk. Lummis added, “It’s time to stop treating software developers 
like banks simply because they write code.” Senator Wyden echoed these 
concerns, arguing that imposing the same regulatory requirements on developers 
as those applied to exchanges or brokers is fundamentally flawed. Main 
Highlights Of The BRCA The Blockchain Regulatory Certainty Act aims to set 
clear federal standards defining when blockchain developers and service 
providers can be exempt from money transmitter regulations. Under current 
legislation toward crypto, the Senators assert blockchain developers face 
regulatory ambiguities that have not only stifled innovation but also driven 
many projects offshore, as they navigate conflicting regulations across 
different states. Related Reading: Dogecoin Breaks Its ‘Lower-Band Prison’ As 
Daily Trend Flips The bill specifically establishes that a “non-controlling 
developer or provider” refers to any entity that develops or maintains 
distributed ledger technology but does not possess the unilateral authority to 
initiate or execute transactions involving users’ digital assets without 
third-party consent. In addition, the crypto bill clarifies protected 
activities, including the development or publication of software for 
distributed ledgers, maintenance services for blockchain networks, offering 
customer self-custody solutions, and providing necessary infrastructure to 
support distributed ledger services. Importantly, while the bill allows states 
to enforce their laws consistent with federal regulations, it also prevents 
them from imposing money transmitter requirements on developers engaged solely 
in the specified protected activities. Featured image from DALL-E, chart from 
TradingView.com

New Hope For Crypto: Senators Introduce Blockchain Regulatory Certainty Act

Precious metals analyst Lynette Zang has warned that the global financial 
order is shifting away from legal norms toward coercive power, arguing in a 
2026 outlook interview that bank bail-ins, asset seizures, and renewed gold 
confiscation risks are increasingly plausible in this day in age. Zang Warns 
of Rising Risk Following U.S. Bank Failures In […]

Expert Flags Bail-ins, Asset Seizures and Gold Confiscation as Confidence in Banks Erodes

Several blockchain analysts said they were unable to verify whether the Latin 
American nation held $60 billion in the cryptocurrency.

Cryptocurrency price in LKR