Crypto Industry News & Market Trends

BABA Price Prediction: Smart Money Is Stacking Longs at $117 — But the Chart Isn't Ready to Cooperate Yet

Zach Anderson　　Aug 26, 2026 10:21　　BABA sits at $119.06, pinned below every major moving average with momentum at a dead standstill — top traders are 68% long and taker buys are running 2-to-1, but a failure to reclaim $121.27 this …　　The Immediate Setup　　BABA is stuck in no-man‘s land — and that is not a neutral statement. At $119.06, the tokenized stock is trading below its 7-day, 20-day, 50-day, EMA-12, and EMA-26 simultaneously. When every short- and medium-term average is stacked above price, that is not consolidation — it is a bearish structure. Bulls got a 1.27% lift on the day, but within a 24-hour range of $117.41 to $121.55, that move hasn’t broken anything meaningful.　　What‘s interesting is where momentum sits. The MACD histogram has flatlined at zero — the bears have been running this trade for weeks and their energy is visibly exhausted. Stochastics at 31.69/%D 25.36 are crawling out of oversold territory, and with price hugging the lower Bollinger Band at a %B of 0.18, the statistical rubber band is stretched. That doesn’t mean a snap-back is guaranteed, but the risk/reward for continued aggressive shorting at current levels is deteriorating fast. Tracked across Blockchain.news, BABA‘s tokenized structure means this price

08-27Industry

Best Web3 Careers in 2026: Jobs, Skills and Salaries Explained

Web3 has become a real industry. A few years ago, most crypto jobs were experimental roles at small startups. In 2026, Web3, which covers blockchain, DeFi, and token-based projects, now supports major businesses like exchanges, payment systems, tokenized assets, and enterprise blockchain tools.　　Job opportunities have grown this year, and salaries can now be higher than in traditional tech for people with similar experience.　　But a Web3 job is no longer just about coding. The industry also needs analysts, compliance officers, community managers, and writers. Whether you already work in crypto or are coming from another field, heres what the Web3 job market looks like in 2026.　　Skills and Experience Needed in 2026　　You dont need a computer science degree to work in Web3. Many professionals learn through online courses, bootcamps, or by contributing to open-source projects.　　For technical roles, the core skills are Solidity (the main programming language for writing smart contracts) and Rust (used for building faster, newer blockchains like Solana).　　Security knowledge is now one of the most valuable skills in the industry, since a single coding mistake in a smart contract can lose millions of dollars.　　For non-technical roles, employers want people who already understand how crypto works: what a DAO (a Decentralized

08-27Industry

IREN Stock Slides 5% as Investors Brace for Thursdays Q4 Earnings

Key TakeawaysFourth-quarter and full-year financial results from IREN are scheduled for release on August 27 following market closeAnalyst projections point to a loss of $0.46 per share with revenues reaching $135.6MShares declined approximately 5% during Wednesdays session before the announcementTechnical indicators showing a death cross pattern alongside balance sheet worries are fueling downward momentumThe company elevated its 2026 ARR projection above $4B following approximately $2.8B in fresh AI cloud agreements announced in July　　IREN Limited (IREN) will unveil its fourth-quarter and complete 2026 fiscal year earnings on August 27 following the markets close. Trading activity on Wednesday showed shares declining roughly 5% to $40.16 as market participants adopted a cautious stance before the financial disclosure.　　IREN Limited, IREN　　Current Street expectations forecast earnings per share at negative $0.46 with top-line revenues coming in at $135.6M. The analyst communitys outlook entering this reporting period reflects heightened caution. Throughout the past three months, no analysts have increased their EPS projections, whereas two firms have lowered their forecasts.　　The revenue outlook paints an equally subdued picture. Ten downward adjustments have been recorded, with no upward revisions during the same timeframe.　　Key Focus Areas for Market Watchers　　While reported figures matter, forward-looking guidance represents the critical element investors are monitoring.

08-27Industry

Expert Witness Asked ChatGPT To Show 0% Fault—The Wrong Way For Experts To Use AI

There is a right and wrong way for an expert witness to use AI.　　getty　　There is a wrong way for an expert to use AI. It is to ask a chatbot to build the case for your answer before you have tested that answer against the evidence. A lawsuit over a deadly explosion in Houston shows what that looks like. An expert hired by 3M typed his prompts into ChatGPT. The prompts were produced in discovery and are now public. Plaintiffs counsel used them to question him in front of the jury.　　On Jan. 24, 2020, propylene gas leaked from a worn rubber hose at Watson Grinding and Manufacturing in Houston. The gas built up and exploded. Two workers died. A man who lived nearby died from his injuries. Hundreds of homes were damaged. The U.S. Chemical Safety and Hazard Investigation Board‘s final report found that the hose was degraded and poorly crimped. It also found that a manual shutoff valve had not been closed and that the plant’s automated gas-detection, alarm, exhaust-fan-startup, and gas-shutoff system was inoperative.　　Residents, families, and businesses sued Watson Grinding and 3M. They claimed 3M had not properly serviced that gas-detection system. 3M hired Josh Autenrieth, an engineer

08-27Industry

Bitcoin and Gold rally cools post-US PCE inflation data

Bitcoin (BTC) is edging lower, trading slightly above $78,000 on Wednesday. This correction comes after last weeks rally and the subsequent rejection around $81,000. The decline reflects cooling sentiment amid overheated market conditions and increased profit-taking.　　Gold (XAU/USD) is also retracing, testing support at $4,600 as investors weigh the implications of recent United States (US) inflation data.　　Bitcoin and Gold react to US PCE inflation data　　Annual US inflation, as measured by the Personal Consumption Expenditures (PCE) Price Index, held steady at 3.7% YoY in July, according to data released Wednesday by the Bureau of Economic Analysis (BEA).　　The figure exceeded market expectations of 3.6%. Meanwhile, the core PCE Price Index, which strips out volatile food and energy components, remained unchanged at 3.3%, in line with forecasts.　　On a monthly basis, both headline and core PCE rose 0.2%. Additional data showed Personal Income rose 0.4% MoM, outpacing the market consensus of 0.3%, while Personal Spending advanced 0.2%.　　Investors evaluate the US PCE data to gain insight into the Federal Reserve‘s (Fed) monetary policy. Market attention now turns to Friday’s Jackson Hole central bankers‘ symposium, where Fed Chairman Kevin Warsh is anticipated to offer a fresh perspective on the Fed’s near-term policy outlook, even as he continues

08-27Industry

Crypto retirement plans face opposition from 53% of Americans

A new national survey has found that 53% of Americans oppose employers offering cryptocurrency in workplace retirement plans, while 77% consider such investments risky.　　The National Institute on Retirement Security reported in its survey that 46% of respondents considered cryptocurrency in workplace retirement plans “very risky,” contributing to the 77% who expressed some level of concern.　　Crypto retirement plans face resistance from US savers　　Opposition to workplace crypto options extended beyond respondents who viewed digital assets as risky. According to the institute, 53% did not support employers offering cryptocurrency as an investment choice within their retirement plans.　　Public concern about digital assets emerged alongside deeper anxiety over the condition of the US retirement system. The survey found that 80% of Americans believed the country faces a retirement crisis, compared with 67% in 2020. Another 61% said they were worried about achieving financial security during retirement.　　Household costs and debt also affected how respondents viewed their ability to save. According to the report, 68% said preparing for retirement had become harder, while 77% said debt prevented them from putting aside enough money.　　Researchers gathered the findings as part of a national survey conducted by Greenwald Research from Oct. 24 through Nov. 14, 2025. The poll included 1,203

08-27Industry

Crypto CEO Faces US Extradition Over Alleged $20 Million Token Scheme

In briefA UK judge rejected Manpreet Kohlis extradition challenge and sent the case to British ministers.Prosecutors allege Saitama executives used coordinated purchases and paid market makers to inflate the tokens activity.Kohli remains free on £200,000 bail and can appeal. He has not been convicted.　　A British judge has rejected former Saitama CEO Manpreet Kohlis bid to avoid extradition to the United States, where he faces charges tied to an alleged crypto market-manipulation scheme.　　According to a report by Reuters, Judge Samuel Goozee rejected Kohlis challenge on August 19 and sent the case to the U.K. government for a decision on the U.S. extradition request. Kohli can appeal the ruling, so his extradition is not yet final, and he remains free on £200,000, about $272,400, bail.　　Myriad: Will Congress pass the Clarity Act？ Click to make your prediction.　　U.S. prosecutors have charged Kohli with wire fraud, market manipulation, related conspiracy offenses, and operating an unlicensed money-transmitting business. The charges concern Saitama, an Ethereum-based token that once reached a reported market capitalization of $7.5 billion.　　Kohli challenged extradition in part by arguing that U.S. authorities could not adequately address his mental health and risk of suicide in custody. Judge Goozee found that safeguards during his transfer and

08-27Industry

Banks found a way to copy stablecoins without losing the money that funds their loans

Banks defend themselves against stablecoins by saying they are building tokenized deposits to modernize payments, with programmable money and around-the-clock settlement.　　Falcon Finance chief RWA officer Artem Tolkachev told CryptoSlate that the explanation covers only half the reason:　　“It is the balance sheet, not the technology.”　　A tokenized deposit keeps the money a stablecoin would move off a banks balance sheet, leaving it as a deposit the bank can still lend against. Tolkachev said:　　“A stablecoin competes with the deposit. A tokenized deposit is the deposit, just programmable.”　　Underneath stablecoins and tokenized deposits　　Tolkachev said that, to whoever is holding them, a tokenized deposit, a reserve-backed stablecoin, and an overcollateralized synthetic dollar look identical.　　In the case of a tokenized deposit, the $100 million sits on one banks balance sheet. The bank earns the return by lending it out, and the holder carries that banks credit risk, though the position still counts as an insured deposit.　　The FDICs position backs that reading, saying tokenization changes a deposits form while leaving its substance intact.　　In a reserve-backed stablecoin, the money moves into the issuers reserves, and the issuer earns the yield on those reserves. The holder carries the issuers operational and reserve risk with no claim on the upside, since

08-27Industry

Crypto education demand far outpaces college courses: OKX report

A new OKX report has found that 90% of college students want crypto and blockchain included in financial education, even though only 28% of reviewed U.S. business schools offered related courses.　　Summary90% of students and 87% of parents support college-level crypto and blockchain education.33% of students rely mainly on social media for crypto knowledge, compared with 7% who cite schools.47% of students have taught a parent or guardian about crypto or investing.56% of students would accept 20% of their salary in Bitcoin.　　Crypto education demand exceeds course availability　　In its New Money Curriculum report shared with crypto.news on Aug. 26, OKX said support for crypto education extended across both generations surveyed, with 87% of parents joining 90% of students in saying colleges should teach crypto and blockchain.　　Some respondents wanted more than an optional course. According to the report, 27% of students and 32% of parents said crypto and blockchain education should be required for college students.　　Formal course availability remained far below those figures. A separate 2025 study published in the Information Systems Education Journal examined 533 U.S. universities with business schools accredited by the Association to Advance Collegiate Schools of Business.　　You might also like:　　Tether signs MoU with DMCC to advance tokenization and digital

08-27Industry

Mastercard Makes Surprise XRP Ledger Move

Payments Mastercard has joined an upcoming XRPL hackathon in New York as a sponsor.　　The New York-headquartered firm will participate in the 36-hour XRP Ledger Hackathon that is scheduled for Oct. 24–25.　　The event will bring developers to New York to build and launch projects on the XRP Ledger ahead of Swell. The much-awaited Ripple conference will take place the following week.　　The hackathon includes four tracks focused on protocol innovation, agentic finance, lending and borrowing.　　Teams with existing projects have also been encouraged to add XRPL functionality.　　Mastercards relations with Ripple　　Mastercards relationship with Ripple has gradually expanded over the past year.　　In November 2025, Ripple announced a collaboration with Mastercard, WebBank and Gemini that revolves around Ripples RLUSD stablecoin. The partnership came after Gemini launched an XRP edition of its Mastercard credit card last August.　　The card allows customers to earn rewards in XRP, including up to 4% back on some purchases.　　Mastercard subsequently took another major step toward blockchain-based settlement. In June 2026, the company said its network would support settlement with regulated stablecoins including Ripples RLUSD. The company also listed the XRP Ledger among the blockchain networks.　　Mastercard‘s relationship with Ripple predates the RLUSD settlement plans. In 2023, Ripple was selected as one of the initial

08-27Industry

...

272274

...

1000