Here’s what happened in crypto today
Today in crypto, Bitcoin may be heading for significant upside in 2026, Solo Bitcoiner miner mines block. Meanwhile, Tyler Winklevoss claims JPMorgan paused Gemini's onboarding after he criticized the bank’s data access fees. Bitcoin ‘up year’ is 2026, and the four-year cycle is dead: BitwiseBitcoin’s price could see significant upside in 2026, bucking the traditional four-year market cycle, according to Bitwise chief investment officer Matt Hougan.The prediction comes as other analysts are divided on whether Bitcoin will stray from its historical pattern or follow the traditional halving cycle and peak in the coming months.“I bet 2026 is an up year,” Hougan said in an X video on Friday. “I broadly think we’re in for a good few years,” Hougan added.Hougan said the four-year halving cycle “is dead” for several reasons, including the Bitcoin halving becoming “half as important” every four years, and the interest rate cycle being positive for crypto. Since April, US President Donald Trump has been publicly pressuring Federal Reserve Chair Jerome Powell to cut interest rates, a potentially bullish catalyst for Bitcoin, as lower rates make traditional assets like bonds and term deposits less appealing to investors.Solo BTC miner mines block, scores rewardA solo Bitcoin miner successfully mined a block and added it to the blockchain ledger on Saturday, collecting the 3.125 BTC block reward, valued at $372,773. The miner added block 907283, which contained 4,038 transactions and block fees totaling $3,436, through the Solo CK pool, which controls around 6.3 exahashes per second (EH/s) of computing power. The mining industry is increasingly dominated by large, corporate players. However, solo miners continue to mine blocks, although the odds of a successful solo miner are similar to winning the lottery.Tyler Winklevoss claims JPMorgan blocked Gemini over public criticismGemini co-founder Tyler Winklevoss has accused JPMorgan Chase of halting the crypto exchange’s onboarding process in response to his public criticism of the bank’s new data access policy.In a Friday post on X, Winklevoss claimed JPMorgan retaliated after he called out the banking giant’s new move as anti-competitive behavior that could harm fintech and crypto firms.“My tweet from last week struck a nerve. This week, JPMorgan told us that because of it they were pausing their re-onboarding of Gemini as a customer after they off-boarded us during Operation ChokePoint 2.0,” the Gemini boss wrote.The dispute stems from a recent Bloomberg report that revealed JPMorgan’s decision to charge financial technology firms for access to customer bank data — a move Winklevoss argued would “bankrupt fintechs” that facilitate crypto purchases.