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26/08/26

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Here’s what happened in crypto today

Here’s what happened in crypto today
Default Door Remote - 26 Aug 2026
Today in crypto, Bernstein expects Bitcoin to reclaim $125,000 by late 2026 ahead of its four-year cycle peak. Revolut began rolling out its EURR euro stablecoin to selected customers in Denmark, Poland and Portugal, and 39 US banking associations formed BankChain Alliance.

Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peakWall Street research company Bernstein expects Bitcoin to recover from its latest downturn, reclaim its 2025 high and set new records in the coming years heading into the peak of its historical cycle.

Bernstein expects Bitcoin (BTC) to reclaim $125,000 by late 2026 under both its base and bull cases, according to a research report published Wednesday and seen by Cointelegraph.

The company said Bitcoin gained 28% over the previous 10 days after falling about 50% from its October 2025 peak, a rebound that could signal the end of the current bear cycle.

The analysts’ call comes as institutional investors and corporate Bitcoin buyers play a bigger role in the market, which Bernstein said provided greater downside support during the latest cycle and contributed to a smaller drawdown than the 75% to 90% declines of previous cycles.

Revolut rolls out euro stablecoin in 3 European marketsRevolut has begun rolling out its first stablecoin, a euro-pegged token called EURR, to selected customers in Denmark, Poland and Portugal. 

In an announcement shared with Cointelegraph on Wednesday, the company said that the phased rollout will expand to other European Economic Area (EEA) markets later this year, subject to product, operational and regulatory readiness. 

EURR is issued by Bridge Building S.A., the Luxembourg-based entity of Stripe-owned stablecoin infrastructure company Bridge. Revolut said EURR will be integrated into its retail app, with plans to support multiple blockchain networks and transfers to external wallets. 

The launch adds a Markets in Crypto-Assets (MiCA)-compliant stablecoin to Revolut as it withdraws Tether’s USDt from the EEA and Switzerland. Revolut previously said remaining USDT balances would be converted into customers’ base currencies after Aug. 31.

“Denmark, Poland, and Portugal were selected for their market size, where approximately 2 million customers will be involved in the initial rollout,” a Revolut spokesperson told Cointelegraph.

US banking groups plan nationwide blockchain network for 2027 Thirty-nine US state banking associations have formed the BankChain Alliance to build a nationwide, industry-owned blockchain network for banks, targeting a 2027 launch. 

On Tuesday, the alliance announced that the network intends to support smart payment tools, tokenized deposits, stablecoins and automated settlement. BankChain said it plans for the network to be interoperable with other blockchains and said it was selecting a technology partner. 

The participating associations represent thousands of financial institutions across the US. BankChain said it will invite banks nationwide to take ownership of stakes. However, the announcement did not mention individual banks that have committed to joining or disclose how the network will be governed or funded. 

BankChain joins several US bank-led networks announced or advanced since late 2025, spanning major, regional and community lenders building shared infrastructure for moving deposits and payments onchain within the regulated banking system. 

Cointelegraph reached out to BankChain for more information but did not receive a response before publication.