Articles
XRP News: XRPL Velocity Hits Record 2025 High, Will XRP Price Explode
The XRP Ledger is showing increased activity, with its Velocity reaching a high for 2025 at 0.0324. This indicates more XRP is moving between wallets, suggesting higher demand. A RealFi project aiming to bring real estate onto the XRP Ledger is contributing to the excitement, with its Real Token listing on a centralized exchange on December 5th. An XRP ETF is also impacting the market by removing XRP from exchanges, with over $874.3 million in net inflows so far. This reduction in available XRP could lead to a supply shock if demand increases. XRP is currently trading around $2.16, with traders watching key price zones for potential upward movement toward a target range of $3.50 to $4.00.
Best Crypto to Buy as BlackRock Moves Into AI and Stablecoins
BlackRock's recent report highlights AI, digital infrastructure, and stablecoins as major trends impacting markets through 2030. The report suggests a shift towards utility-based crypto projects rather than purely speculative ones. Three cryptocurrencies are highlighted as potentially benefiting from these trends: PEPENODE ($PEPENODE), a mine-to-earn memecoin; SUBBD Token ($SUBBD), an AI-focused platform for content creators; and BNB ($BNB), the native token of the BNB Chain. PEPENODE's presale has raised over $2.26 million and is priced at $0.0011778 with a potential 2026 target of $0.0072. SUBBD Token's presale has raised $1.38 million and is priced at $0.0571 with a potential 2026 target of $0.48. BNB is currently trading at $910.
Putin Adviser Demands Crypto in Russias Trade Data, Calls Bitcoin a Hidden Export
A top economic advisor to Vladimir Putin, Maxim Oreshkin, is advocating for Russia to include cryptocurrency transactions in its official trade data, recognizing crypto's increasing role in the nation's economy. Oreshkin views Bitcoin mining as a significant but currently unacknowledged export, impacting the foreign exchange market. Russian companies are already using cryptocurrency to pay for imports, influencing the value of the ruble. Russia now controls approximately 15.5% of the global Bitcoin hashrate, second only to the United States, and mined 54,000 Bitcoin in 2023. Mining revenues are around $12.9 million daily, backed by substantial investments in infrastructure. Due to sanctions, crypto has become essential for cross-border trade, leading the central bank and Ministry of Finance to legalize crypto payments for foreign economic activity and even establish a confidential sandbox for companies using digital assets in international deals. This formal recognition would make Russia one of the first major economies to integrate crypto into its official trade balance.
From Negative to Bullish: Coinbase Premium Signals Big Money Returning to Bitcoin
Bitcoin has rebounded to over $93,000 after a recent drop, with signs suggesting increased buying from major U.S. investors. The Coinbase Premium Index, which reflects the difference in Bitcoin price between Coinbase and other exchanges, has turned positive after being negative in November. This shift is attributed to announcements like Charles Schwab planning to offer Bitcoin and Ethereum trading in early 2026, and Vanguard reconsidering crypto access. Japan is also expected to approve Bitcoin ETFs, potentially bringing $310 billion into the market. Additionally, the Estimated Leverage Ratio on Binance has decreased, indicating less risky trading activity and a more stable market. This combination of factors points to a potential strengthening of Bitcoin's price.
Fusaka Upgrade Turns Ethereum Into Reliable Infrastructure, Says EFs James Smith
James Smith of the Ethereum Foundation (EF) states that the Fusaka upgrade will transform Ethereum into a more reliable infrastructure. The upgrade's specifics and impact on the market are not detailed in this summary.
Court revives $80M Binance case tied to Bitcoin theft
A Florida appeals court has revived an $80 million lawsuit against Binance related to a Bitcoin theft. The plaintiff claims Binance was negligent in not freezing funds after the theft was reported and seeks to recover the lost Bitcoin plus interest. The court ruled that the lower court was wrong to dismiss the case due to a lack of jurisdiction, suggesting California law could apply. This opens Binance up to potential further lawsuits regarding asset security. The company also faces other lawsuits, including one accusing it of facilitating transfers to terrorist organizations. Two years ago, Binance pleaded guilty and agreed to pay over $4 billion in penalties to resolve charges of money laundering and sanctions violations, pledging to improve its compliance. Binance is expected to appeal the current decision or pursue arbitration, with the case returning to trial court. This legal action could set a precedent for challenging crypto exchanges' asset recovery processes.
Western Union Reveals Four Pillars of Its Stablecoin Strategy
Western Union is implementing a four-part stablecoin strategy to modernize cross-border payments using blockchain technology. The core idea is to unlock capital currently tied up in the traditional banking system, which holds hundreds of millions to enable international transactions. Western Union is partnering with four providers to launch a Digital Asset Network by the first half of 2026, enabling customers to convert between cash and stablecoins in person. A stablecoin card will also be available, targeting customers in high-inflation countries by allowing them to spend their digital dollar balances without converting to local currency. Finally, Western Union plans to issue its own stablecoin on Solana to manage costs, compliance, and reach new customers. In related news, Coinbase CEO Brian Armstrong stated that several major U.S. banks are partnering with Coinbase on pilot programs involving stablecoins, custody, and digital asset trading.
Wall Street Doubts GENIUS Act Will Move Dollar or T-Bill Markets
The recent passage of the GENIUS Act, the first federal stablecoin law in the United States, has sparked debate on Wall Street regarding its potential impact. Major financial institutions are currently divided on whether this new legislation will lead to increased demand for the U.S. dollar and T-Bill markets.
CryptoQuant Says Strategy Builds $1.44B Safety Net Against Likely Bitcoin Bear Market
Strategy, a company known for its focus on Bitcoin and led by Michael Saylor, has established a substantial reserve of $1.44 billion in U.S. dollars. This move comes as market sentiment weakens, suggesting the company is preparing for a potential downturn in the Bitcoin market.
OpenAI sued over unprotected ChatGPT logs
OpenAI has been ordered by a U.S. Magistrate Judge to provide 20 million anonymized ChatGPT conversation logs as evidence in a copyright lawsuit brought by The New York Times and MediaNews Group. The lawsuit alleges that ChatGPT inappropriately used copyrighted news content for training, leading to outputs that replicate or summarize their reporting. The plaintiffs believe the logs will demonstrate that ChatGPT is regenerating copyrighted material without permission. OpenAI is required to remove identifying information from the logs before releasing them and has been given seven days after anonymization to publish the content. OpenAI is appealing the ruling, citing concerns about user privacy and potential erosion of trust, arguing that the majority of conversations are irrelevant to the lawsuit and such demands contradict security practices. Critics believe OpenAI's resistance suggests it is hiding something, highlighting the need for transparency when AI systems rely on publicly available content. The outcome of this case, and others like it against Microsoft and Meta, could significantly impact AI training, media sustainability, and digital rights by setting precedents for how AI companies collect, share, and monetize information and whether compensation is required for using copyrighted material.
Cardano (ADA) Reclaims a Key ResistanceIs a Major Rally About to Begin?
Cardano (ADA) has recovered above a key resistance level, sparking speculation of a potential bullish trend reversal. After struggling below $1 and breaking below a multi-year support level held since 2024, the price has shown signs of recovery. The token is forming a double-bottom pattern but needs to validate a bullish divergence. Indicators suggest a potential breakout is possible. The major hurdle for Cardano is around $0.52, and regaining control requires securing the range above $0.75. Strong developer activity and rising whale accumulation could indicate an early-stage bullish phase, with potential targets of $0.70-$0.80.
Huge Shiba Inu Divergence to Sprout an Over 234% Recovery
According to market expert Javon Marks, Shiba Inu is showing signs that it may recover and increase in price significantly. Marks predicts Shiba Inu could potentially increase over 234% due to what he calls a bullish divergence.
Binance Bitcoin Stockpile Shrinks Amid Market Turmoil
Bitcoin's price has risen above $93,000, but the amount of Bitcoin held on the Binance exchange is decreasing. This decline is due to investors moving their Bitcoin to personal wallets for security and large U.S. buyers, like spot ETF managers, storing coins with custodians, reducing the available supply. The futures market for Bitcoin is also very active, with open interest at a record $67 billion. Recently, there was a significant liquidation event where over $640 million in long positions were wiped out in an hour. Traders are closely watching the $92,000-$94,000 price range as a potential barrier for further gains and $88,000-$89,000 as a support level where buying activity is anticipated.
Ethereum Price Shows 142% Gold-Like Pattern, ETH to $4000?
Ethereum's price is showing a pattern similar to gold's breakout before a 142% price increase, suggesting a potential move towards $4,000 if it breaks above $3,248. The Fusaka upgrade, designed to improve Ethereum's scaling capabilities, supports this bullish outlook, potentially mirroring the 56% gain seen after the Pectra upgrade, targeting a price of $4,264. Increased inflows into Ethereum ETFs and long-term holders moving ETH off exchanges further strengthen the positive trend. Fidelity has recently added around $34.4 million in Ethereum. Tom Lee related wallets removed about $150 million worth of ETH from exchanges. Charles Schwab will allow Bitcoin and Ethereum trading in early 2026.
Ripple CEO Targets $180K Bitcoin Price by End of 2026; Binance, Solana Execs Diverge
Ripple CEO Brad Garlinghouse has predicted that Bitcoin's price will reach $180,000 by the end of 2026. This projection was made during Binance Blockchain Week in Dubai, where Bitcoin was trading near $93,342, down 0.6% in the last 24 hours and about 26% below its all-time high of over $126,000. Other executives presented different forecasts. Binance CEO Richard Teng refrained from giving a specific price target, emphasizing long-term fundamentals, while Solana Foundation President Lily Liu estimated Bitcoin would exceed $100,000 by the end of 2026. Garlinghouse's optimistic view is based on improving regulations in the U.S. and the increasing involvement of major financial firms in the crypto market. These differing opinions among industry leaders highlight the existing uncertainty in digital asset valuations, especially during periods of market volatility.
Best Crypto Presales to Buy as the SEC Closes Chapter on Rule 13f-2
The SEC has shelved Rule 13f-2, leading to increased speculative investment in crypto presales. Investors are now showing interest in presales of smaller cryptocurrencies. These include Bitcoin Hyper ($HYPER), a project aiming to enhance Bitcoin's capabilities with faster transactions; Maxi Doge ($MAXI), a meme coin focused on trading culture; and Remittix ($RTX), a project focused on using cryptocurrency for international money transfers. Bitcoin Hyper has raised $28.9 million in its presale, with tokens priced at $0.013375 and 40% APY staking rewards. Maxi Doge has raised over $4.2 million, with tokens priced at $0.0002715 and a staking APY of 72%. Remittix has raised over $28.4 million, with tokens priced at $0.119 each, and aims to facilitate crypto-to-fiat remittances across 30+ countries.
ING Flags Upside Potential in 10-Year U.S. Treasury Yield
ING suggests that the yield on the 10-year U.S. Treasury note could potentially increase. The report highlights the potential for upward movement in these yields, meaning investors could see higher returns on these bonds. The report focuses specifically on the 10-year U.S. Treasury yield, indicating a belief that this particular benchmark rate may rise.
BNB Chain Launches New Prediction Market Platform Built by Former Binance Staff
BNB Chain has launched a new prediction market platform called Predict. The platform was created by former Binance employees and incubated by YZi Labs. Predict aims to enhance capital efficiency with a yield-generating model where user funds continue to generate returns during active predictions. CZ, the head of Binance, announced the launch on X, noting the team's background. The launch aligns with BNB Chain's plan, announced in September 2025, to expand its presence in the prediction market sector. Early reactions show user interest in the platform's waitlist and potential DeFi integrations. Predict's goal is to develop BNB Chain into a leading prediction market ecosystem.
DOGE Investors Hope Fade as RTX Emerges the Stronger Contender to Reach $1 Dogecoin Price Milestone
Dogecoin's price is currently at $0.147, and investor interest from large holders is decreasing, with whale transactions at a 2-month low. This decline in large transactions suggests less confidence in Dogecoin's ability to reach $1. Meanwhile, Remittix (RTX), priced at $0.119, is gaining attention due to its real-world applications, including a newly launched iOS wallet and upcoming crypto-to-fiat payment features. Remittix has raised over $28.5 million and sold more than 692 million tokens and has also completed CertiK KYC verification. Some investors are shifting from Dogecoin to Remittix, believing RTX has a higher chance of reaching the $1 milestone due to its utility and adoption, while Dogecoin's price movement relies more on market sentiment.
Will Litecoin hit $95 amid rising retail demand? Check forecast
Litecoin's price has increased by 1% to around $85 per coin, driven by rising demand potentially linked to new cryptocurrency ETFs and Vanguard's decision to allow exposure to these ETFs. While a specific Litecoin ETF saw zero net flow on Monday and Tuesday, the futures market shows increased investor confidence with a 4.41% surge in Open Interest to $440.26 million. Data also indicates larger average order sizes from major investors. Technical indicators suggest a potential rise to around $92.94, with a possibility of reaching $99.51. However, a loss of momentum could lead to declines to $79.68 or $74.66.
3 Crypto Narratives Surge in December 2025Top Picks for 2026?
In December 2025, three crypto-related areas are showing significant growth. First, crypto card payments reached a record $406 million in November, with Rain, RedotPay, and Ether.fi Cash being the top providers. Rain saw the biggest growth at 22%. This suggests that using crypto for everyday purchases is becoming more popular. Second, the Trump administration is now focusing on robotics instead of AI. This may lead to increased interest in blockchain projects related to automation. Analyst HK started a new position in Robotics x Crypto, highlighting PEAQ. Third, prediction markets are booming, with Opinion.Trade reaching $1.5 billion in weekly volume and briefly surpassing its rivals, Kalshi and Polymarket. This growth is driven by AI forecasting and low fees. CZ also re-entered the sector, unveiling a YZiLabs-backed prediction platform on BNB Chain. These three trends could shape the crypto market in early 2026, with investors watching for regulatory changes, new card options, and listings on major prediction markets.
Ex-Citadel Engineers Raise $17M for Stablecoin Payments Startup Fin
Former Citadel engineers have raised $17 million in funding for their new startup, Fin, which is developing a stablecoin-based payments app. The app aims to facilitate fast and inexpensive cross-border payments, particularly for large transactions. Pantera Capital led the funding round, with participation from Sequoia and Samsung Next. Fin plans to pilot its platform with import-export businesses soon, targeting a market where traditional wire transfers are slow and costly. The company intends to generate revenue through transaction fees and interest earned on stablecoins held in Fin wallets, positioning itself against established financial institutions like JPMorgan Chase and Barclays. The funding for Fin comes amid increasing interest in stablecoins, with the sector's market capitalization exceeding $300 billion. Traditional finance giants are also showing more interest in stablecoin infrastructure with Citadel Securities investing $200 million in crypto exchange Kraken and participating in Ripple's $500 million funding round. European banks are also forming a consortium to launch a euro-backed stablecoin, and Sony Bank plans to issue a USD-pegged stablecoin. Federal regulators are working on rules for stablecoin issuers, with the FDIC expected to publish its first framework soon.
21-Year-Old Burned Alive in Austria Over Crypto Assets
A 21-year-old Ukrainian student was murdered in Vienna, Austria, after being tortured and forced to reveal the passwords to his cryptocurrency wallets. The attackers emptied his crypto accounts and then burned him alive in his father's car. Two suspects, a 19-year-old student and a 45-year-old Ukrainian national, were arrested in Ukraine after fleeing with large amounts of cash believed to be the converted crypto. The victim was the son of Kharkiv's deputy mayor. Authorities identified the suspects through surveillance footage and are investigating the total amount of cryptocurrency stolen. This incident highlights a growing trend of violent crimes targeting cryptocurrency holders, with a significant increase in such attacks reported globally.
$120K Bitcoin Price Prediction Fuels Bitcoin Hypers $28.95M Presale
Bitcoin is rebounding, potentially reaching $120,000 due to increased investment from exchange-traded funds and expectations of lowered interest rates. These ETFs saw over $58 million in inflows on December 2nd. The total capital added to Bitcoin in this cycle is $732 billion. Bitcoin Hyper ($HYPER) is a new project aiming to improve Bitcoin's usability for decentralized finance (DeFi) and gaming by offering faster, cheaper transactions. It proposes a Bitcoin-native Layer 2 solution. The $HYPER presale has already raised over $28.95 million. The project uses Solana Virtual Machine (SVM) execution environment for sub-second, low-cost smart contracts. Some predictions suggest $HYPER could see significant returns, potentially 1,395% by 2026. The goal is to increase Bitcoin's utility beyond just storing value.
Solana Sets Timeline for SKR Token To Power New Mobile Ecosystem
Solana Mobile is launching the SKR token in January 2026 to power its mobile ecosystem. SKR will be used to verify devices, review app submissions, and incentivize participation. The total supply of SKR will be 10 billion tokens, allocated for growth, airdrops, community funding, and Solana Mobile and Solana Labs. The token will initially have a 10% inflation rate, decreasing annually to stabilize at 2%. Users can stake SKR to Guardians to earn rewards and participate in the network's security and governance.
ETH Price Tests Key Levels Ahead of Major Shift
Ethereum (ETH) is currently trading around $3191, with traders closely monitoring key support and resistance levels. The immediate support level to watch is $3100, which is also the 100-day Exponential Moving Average (EMA). A breakdown below this level could lead to further price drops. Resistance is observed at $3230, coinciding with the 50-day EMA, and further resistance exists at $3310 based on the Upper Bollinger Band. The article suggests a potential price target extension of $5823. The Stochastic RSI indicates bearish momentum. Stop-loss orders are recommended below $3020 to protect against potential losses. Buying opportunities may arise near $3100 or $3020, while selling opportunities could be considered near $3230 or $3310. The 61.8% Fibonacci level is at $3221, and the 138.2% Fibonacci extension target is $5823. Overall, the analysis suggests caution due to current weakness and bearish momentum, advising traders to manage risk carefully.
Ripple Moves Over $101 Million in XRP to Binance, Whats Next?
Ripple, a company known for its XRP cryptocurrency, transferred over $101 million worth of XRP to the Binance exchange. This movement of a large amount of XRP may indicate Ripple's intent to sell or use the funds for other purposes. The transfer's impact on the price of XRP will depend on various market factors following this large movement of funds.
US Sen. Lummis Hints At US Bitcoin Buy With Franklin Meme
U.S. Senator Cynthia Lummis posted an image on X that has sparked speculation about the United States potentially increasing its Bitcoin holdings. The image, resembling a children's book cover, features a turtle named Franklin using a laptop with the Bitcoin logo. This has been interpreted by some as a hint towards the U.S. government considering a strategic Bitcoin reserve. Senator Lummis has previously advocated for the creation of a U.S. Strategic Bitcoin Reserve, potentially holding up to 1 million Bitcoin. The post follows previous actions, including President Trump's executive order establishing a Strategic Bitcoin Reserve framework and Treasury Secretary Scott Bessent's recent appearance at a Bitcoin-themed bar. While there is no official confirmation of government Bitcoin purchases, the post is being viewed as a signal that the U.S. might be moving towards accumulating Bitcoin. Bitcoin was trading at $93,381 at the time of the article.
Citadel Urges SEC to Regulate DeFi Platforms Trading Tokenized Stocks
Citadel Securities is urging the U.S. Securities and Exchange Commission (SEC) to regulate decentralized finance (DeFi) platforms that allow trading of tokenized U.S. stocks. Citadel argues that these DeFi platforms, smart contract developers, and wallet providers should be subject to the same securities laws as traditional exchanges because they function similarly when tokenized stocks are involved. They are concerned that a separate regulatory system for DeFi could undermine existing securities laws. The crypto industry, including figures from Uniswap and the Blockchain Association, opposes this push, arguing it could stifle innovation and protect Citadel's market dominance. They state that DeFi's open-source, peer-to-peer nature lowers barriers to entry and challenges traditional finance. Traditional finance groups like SIFMA and the World Federation of Exchanges support Citadel, emphasizing the need for investor protections in the tokenized securities market.
Binance BNB Price Approaches 7-Year Resistance, Bulls Eye $1,200 Level
Binance's BNB token is showing signs of recovery after a recent drop, currently trading above $920. Analysts are observing that BNB is approaching a significant resistance level that has been in place for seven years. A break above this resistance could lead to a rally towards $1,200. The price is interacting with this resistance for the sixth time, historically leading to higher price peaks. If BNB breaks through this channel with significant trading volume, it could potentially reach targets of $950-$1,000 in the short term, and $1,150-$1,500 by mid-2026. Technical indicators such as the weekly RSI and MACD are also suggesting a potential breakout.
Bitcoin Hyper Becomes the Best Crypto Presale as it Nears $30M
Bitcoin Hyper, a project aiming to improve Bitcoin's usability by creating a layer-2 solution with fast transaction speeds and low fees, has raised over $28.95 million in its presale. Bitcoin Hyper seeks to address Bitcoin's limitations in speed and programmability by integrating Solana's technology, allowing for wrapped Bitcoin to be used in DeFi and gaming applications. The project aims to turn Bitcoin into an asset that can be actively used instead of being held passively. The presale token price is $0.013375 with 40% APY staking, and the project anticipates a release window between Q4 2025 and Q1 2026. Price predictions estimate a potential token value of $0.20 by the end of 2026 and $1.50 or higher by 2030, depending on the project's progress and adoption.
Ethereum Price Reclaims $3,200 as Shark Wallets Accelerate Accumulation
Ethereum's price has risen back above $3,200. This increase coincides with a period of increased buying activity from large Ethereum holders, often referred to as 'shark' wallets, who are accumulating more of the cryptocurrency.
Here is Possible XRP Price if Bitcoin Hits $180,000 as Recently Predicted by Ripple CEO
Ripple's CEO, Brad Garlinghouse, reiterated his positive outlook on the cryptocurrency market, especially for Bitcoin, at the Binance Blockchain Week in Dubai. Following this, an XRP community member speculated on a potential XRP price based on Garlinghouse's prediction of Bitcoin reaching $180,000.
Bitcoin Buy Spike Faces a Macro Wall as M2 Velocity Stalls Out: Expert
Bitcoin is showing strong buying activity, indicated by a taker buy ratio near 1.17, meaning buyers are aggressively making market orders. However, M2 velocity, which measures how quickly money circulates in the economy, has stopped increasing. This plateau in M2 velocity suggests the economy isn't growing as quickly, creating a divergence between the crypto market's enthusiasm and the broader economic trend. The expert notes that Bitcoin's price increases are currently driven more by leveraged positions than actual economic improvement. This reliance on leverage increases the risk of sudden price drops, as the market's short-term energy contrasts with slower structural flows. The tension between aggressive buying and slowing economic activity could lead to increased volatility in the crypto market.
Strategys Michael Saylor Engages With MSCI Over Possible Index Exclusion By January 15
Strategy (MSTR) is in talks with MSCI regarding a possible exclusion from MSCI's indices by January 15. This is due to concerns that Strategy's business model, which focuses on buying cryptocurrencies, resembles an investment fund, which isn't eligible for index inclusion. Analysts estimate this exclusion could lead to $2 billion to $8 billion in outflows. Michael Saylor, representing Strategy, downplays the potential impact of the exclusion, noting the stock's inherent volatility due to its reliance on Bitcoin's price. He also stated that the company is not merely a passive Bitcoin holding entity. Strategy has also established a $1.44 billion USD reserve to cover dividend payments and debt obligations, funded by an at-the-market stock offering, with the goal of maintaining dividend coverage for at least 12 months and ideally longer. Currently, Bitcoin is trading above $93,000, and MSTR stock is up 2% in premarket trading.
Bitfinex Flags Seller Exhaustion as Bitcoin Eyes Relief Rally
Bitcoin rebounded significantly, rising nearly 8% after a period of decline. Bitfinex suggests this recovery is due to sellers becoming less active after a large amount of risky trades were eliminated from the market, reducing the potential for further price drops. This follows a period in October where $19 billion in leveraged positions were wiped out. The market is now considered less risky and more stable. Some analysts are questioning whether Bitcoin's traditional four-year cycle still applies, as recent price movements don't align with past patterns. Cathie Wood of ARK Invest predicts that liquidity issues in the crypto and AI markets will soon improve due to expected policy changes by the Federal Reserve. ARK Invest has been actively buying crypto-related stocks during the recent downturn.
One Bullish XRP Metric Hits a 3-Month High So Why Cant the Price Break Out?
XRP's price is stuck in a range between $1.81 and $2.28 despite a bullish signal. A measure called 'dormancy', which indicates how little older XRP tokens are moving, has hit a three-month high, suggesting less selling pressure. However, long-term holders of XRP are selling off their holdings, which is offsetting the positive impact of the increased dormancy. This selling pressure from long-term holders is preventing the price from breaking out. For XRP to escape its current range, it needs to close above $2.28. If it falls below $1.98, it could drop back to $1.81.
Connecticut Issues Stop Orders to Kalshi, Robinhood, and Crypto.com for Gambling Violations
Connecticut's Department of Consumer Protection (DCP) has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com, accusing them of offering unlicensed sports prediction contracts that violate state gaming laws. The DCP considers these contracts illegal gambling and asserts that the companies misrepresented their services as legal, potentially violating consumer protection laws. The state raised concerns about insufficient consumer protections, particularly related to financial and data security risks, and the possibility of underage betting. These platforms also allegedly failed to prevent insiders from betting on events where they may have an unfair advantage. Kalshi, Robinhood, and Crypto.com face potential penalties and are required to allow Connecticut users to withdraw their funds. Only DraftKings, FanDuel, and Fanatics are currently authorized to offer sports betting in Connecticut.
Connecticut Bans Robinhood, Kalshi, and Crypto.com: Heres Why
Connecticut has ordered Robinhood, Kalshi, and Crypto.com to stop offering sports betting services to residents of the state. State regulators claim that these platforms are operating without the necessary licenses and are allowing individuals under the legal wagering age to participate. The state's Department of Consumer Protection issued cease and desist orders to the companies, citing violations of Connecticut's gambling laws, which restrict sports wagering to only three approved operators. Robinhood and Kalshi argue that their products are overseen by the Commodity Futures Trading Commission as derivatives, not gambling products. State officials are concerned about consumer risks associated with these unregulated platforms, including data breaches and the potential for withheld winnings, since these platforms are not subject to the same regulatory oversight as licensed operators. The companies are required to allow Connecticut residents to withdraw their funds immediately, or they could face civil penalties and possible criminal charges.
Connecticut Halts Robinhood, Kalshi & Crypto.com Event Betting
Connecticut regulators have ordered Kalshi, Robinhood, and Crypto.com to cease offering sports event contracts to residents, claiming they constitute unlicensed online gambling. The order requires the companies to immediately stop advertising and providing these products within Connecticut and to allow residents to withdraw their funds. While regulators consider the contracts sports bets, Robinhood and Kalshi maintain that their markets are federally regulated derivatives overseen by the Commodity Futures Trading Commission (CFTC).
Zcash Traders Eye Bounce After Long Liquidity Flush Despite Weak Reversal Signals
Zcash (ZEC) is potentially set for a price bounce after a significant drop that eliminated overextended positions, but analysts caution against expecting a full trend reversal. ZEC is currently trading around $330-$340, having fallen from highs near $740 in late November. Key support levels are identified between $280 and $360, where buyers may become aggressive, while resistance is noted around $480-$520. Traders are advised to be wary of chasing short-term gains and instead wait for confirmation of a trend reversal before committing significant capital. Fibonacci retracement levels also suggest a possible bounce from the current price range towards $400-$450, but the overall downtrend remains in place.
Fanatics Markets Launches With Crypto.com To Bring Regulated Prediction Trading to U.S. Users
Fanatics Markets has launched a new platform in partnership with Crypto.com to offer regulated prediction trading to users in the United States. The platform allows users to trade on the outcomes of various events related to sports, finance, economics, and politics. The initial launch covers 24 states, with plans to expand to include event contracts for crypto, stocks, climate, tech, movies, and music in the near future. Crypto.com provides the regulated market infrastructure for the platform, while Fanatics manages the app design and user interface. The platform also includes risk-management tools to help users control their trading activity, manage limits, and reduce risk. The goal of the partnership is to make regulated prediction trading more accessible to a broader U.S. audience.
XRP ETFs Approach $1B as Ripple CEO Says We Are Still Early
XRP exchange-traded funds (ETFs) are approaching $1 billion in total value. This growth is fueled by significant interest from large financial institutions and the availability of these ETFs on major traditional finance platforms. Ripple's CEO has expressed a positive outlook on the continued growth and adoption of XRP.
BONK Scores Major Win as Team Adjusts Fee Structure to Boost DAT Purchases
The cryptocurrency BONK has experienced a positive development as its team has modified the fee structure. This adjustment is designed to encourage more purchases of DAT, presumably a related or associated asset. The specific details of the fee adjustment and the expected impact on DAT purchase volume were not provided in the title, but the change is anticipated to result in increased DAT acquisition.
Ethereum News Today: Fusaka Upgrade Brings Major Change to Blob Gas Fees
Ethereum's recent Fusaka upgrade addresses an issue where blob gas fees were effectively zero after the Dencun update, creating an imbalance as rollups utilized Ethereum's data space without incurring significant costs. This upgrade implements EIP-7918, setting a minimum blob price that aligns with actual verification costs, now ranging between 0.01 Gwei and 0.5 Gwei. Further upgrades are planned to increase the blob target from six to fourteen by January 7th, providing rollups with additional data space. A key component of Fusaka is PeerDAS, enabling nodes to sample data, reducing the load on node operators, and scaling Ethereum's data handling capacity. While users may not immediately notice the change, developers are expected to leverage the more stable fee system and increased capacity for improved applications.
Strategy Builds $1.44B Cash Reserve as It Pauses Aggressive Bitcoin Buying
Strategy, a company known for heavily investing in Bitcoin, has significantly reduced its Bitcoin purchases and built a $1.44 billion cash reserve. This shift is due to expectations of potentially unstable market conditions. The company aims to use this cash to cover dividend and debt payments for at least a year, possibly longer. Their Bitcoin purchases have dropped from 134,000 BTC in November 2024 to just 135 BTC so far this month. Market indicators suggest a possible Bitcoin price decline, potentially to the $55,000-$70,000 range next year. However, analysts believe Strategy's combined cash and Bitcoin holdings make it more stable and less likely to be forced to sell its Bitcoin. Currently Strategy holds over 650,000 BTC.
Uniswap Founder Criticizes Citadels Push for DeFi Regulation by SEC
Hayden Adams, the founder of Uniswap, has publicly criticized Citadel Securities for urging the U.S. Securities and Exchange Commission (SEC) to regulate decentralized finance (DeFi) protocols in the same way as traditional financial exchanges. Citadel argues that DeFi protocols function similarly to traditional financial intermediaries and should therefore be subject to the same regulations, including registration and capital requirements. Adams argues that Citadel's push aims to control DeFi and undermine its decentralized nature. He suggests that applying traditional financial rules to DeFi could hinder innovation and the open nature of platforms like Uniswap, potentially creating challenges for developers, validators, and liquidity providers within the DeFi ecosystem.
CZ Teases New BNB Chain Native Prediction Market Predict.Fun
Changpeng Zhao (CZ), the head of Binance, has announced a new prediction market platform called Predict.Fun that will operate natively on the BNB Chain. Specific details about the platform's functionality, launch date, or potential impact on the BNB Chain ecosystem were not disclosed in the announcement. The platform's purpose is to allow users to make predictions, presumably on the price movements of cryptocurrencies or other events, using the BNB Chain.
Cardano: Top Midnight Wallet Holds 7.3B NIGHT Tokens, 31% of Supply
On the Cardano blockchain, a specific cryptocurrency token called NIGHT is being distributed to users soon in an event known as the Glacier Drop. Data shows that one particular digital wallet currently holds a significant portion of these tokens, specifically 7.3 billion NIGHT tokens, which represents about 31% of all NIGHT tokens available.
Ripple CEO Brad Garlinghouse Issues Critical Warning About Rising Holiday Scams
Ripple CEO Brad Garlinghouse is warning people about a rise in online scams, especially during the holiday season. He highlights that scammers exploit this time, hoping victims won't report fraud. Garlinghouse promotes Scamberrypie, a website offering advice on avoiding scams, and mentions partnerships with companies like Match Group, Cash App, the National Cryptocurrency Association, and Coinbase to raise awareness. The warning comes as statistics show 57% of adults experienced scam attempts in 2025, with 23% losing money. Garlinghouse specifically addresses scams involving XRP, Ripple's token, which have increased since its rise in value. He warns against fake YouTube videos promising doubled XRP returns and reminds users that Ripple will never ask for asset transfers, wallet data, or investment stream participation. He advises verifying sources before engaging with suspicious content. Stolen funds from fraud have reached nearly $450 billion and 20% of victims do not report the crime.
Lock In With Ripple: Why This Week Will Be A Game-Changer For XRP
XRP is entering a potentially significant week due to several factors converging. The introduction of multiple Spot XRP exchange-traded funds (ETFs) in the United States is creating institutional demand for XRP. Currently five major issuers, including 21Shares, Bitwise, Grayscale, Franklin Templeton, and Canary Capital, are trading XRP-backed funds simultaneously. These funds have already accumulated over $824 million in inflows since their launch, with no net outflows recorded. This increased ETF demand is occurring as the supply of XRP available on exchanges is decreasing. Ripple also received regulatory approval in Singapore for its subsidiary to operate a fully licensed payments platform. Additionally, the XRP Ledger is experiencing increased on-chain activity, with a rise in AccountSet operations, new wallets, and transaction volume. A simulation based on ETF demand suggests potentially significant price increases for XRP, dependent on elasticity. Ripple's regulatory upgrade and increased Ledger activity indicate growing real-world usage coinciding with institutional demand via ETFs.
Entre Capital Introduces $300M Fund With Focus on AI Agents, DePIN
Entre Capital has launched a new $300 million fund. The fund will focus on investing in companies that are developing Artificial Intelligence agents and DePIN (Decentralized Physical Infrastructure Networks). This investment aims to support the growth and development of these specific sectors within the broader technology and cryptocurrency landscape.
Cardano Founder Outlines How to Attract Retail Investors to Crypto Without 100x Hype
Cardano founder Charles Hoskinson believes the cryptocurrency industry is struggling to attract regular, non-professional investors. He suggests that the industry needs to go back to its original ideas because these investors are no longer interested in quick profits or exaggerated claims of huge returns.
Solana Seekers Core Chip Found to Have Unfixable Security Hole, Ledger Reports
Ledger has reported a critical, unfixable hardware flaw in the MediaTek Dimensity 7300 chip used in devices like the Solana Seeker phone. This flaw allows hackers with physical access to completely take over the device and steal private keys, potentially compromising crypto holdings. The vulnerability lies in the chip's boot process and can be exploited in minutes, and because it's a hardware issue, software updates cannot fix it. MediaTek acknowledged the issue but stated the chip wasn't designed for high-security environments. Solana Mobile is planning to launch a governance token called SKR for its Seeker phone in 2026, with a total supply of 10 billion tokens distributed across airdrops, growth initiatives, liquidity, community treasury, Solana Mobile, and Solana Labs. More details on SKR are expected at the Solana Breakpoint Conference in December.
Connecticut Cracks Down on 3 Prediction Markets as StateFederal Fight Escalates
Connecticut has ordered Kalshi, Robinhood Derivatives, and Crypto.com to immediately stop offering event-based prediction contracts, claiming they constitute unlicensed online sports betting. The state's Department of Consumer Protection accuses the platforms of violating state gaming laws and endangering consumers, citing concerns like advertising to individuals on self-exclusion lists and lacking adequate integrity controls. This action highlights a conflict between state gambling regulations and federal oversight of derivatives, especially with Kalshi filing a federal lawsuit challenging Connecticut's authority. Other states like New York and Nevada are also engaging in similar regulatory battles, contrasting with Polymarket's recent CFTC approval allowing it to operate in more than 20 states. The future of prediction markets in the US hinges on resolving this state-federal regulatory clash, with potential outcomes ranging from federal supervision to state-level gambling regulation.
Shark Wallets Drive Ethereum to 3-Week High After Fusaka Deployment
Ethereum's price reached a three-week high of $3,230, driven by significant buying activity from 'shark wallets' holding between 1,000 and 10,000 ETH. This price increase follows the successful implementation of the Fusaka upgrade, which aims to improve Ethereum's performance and lower costs. The network also experienced a surge in new wallets, reaching 190,000 in a single day. Additionally, a notable investor, Tom Lee, reportedly purchased $150 million worth of ETH, indicating confidence in the asset. Despite the recent gains, Ethereum is still down 35% from its all-time high and slightly down year-to-date.
Uniswap Founder Blasts Citadel for Urging SEC to Treat DeFi Like Wall Street
Uniswap founder Hayden Adams criticized Citadel Securities after the firm urged the SEC to regulate DeFi similarly to Wall Street. Citadel's letter to the SEC argues that DeFi platforms function as exchanges and broker-dealers, warranting the same regulations. They are concerned about tokenized stocks trading on DeFi platforms, potentially creating a shadow equity market. Citadel suggests that DeFi participants who earn fees or influence order routing should be treated as regulated financial intermediaries. Adams specifically called out Citadel's claim that DeFi lacks fair access, stating that open-source, peer-to-peer technology lowers barriers to liquidity creation. The crypto community worries that applying Wall Street regulations to DeFi could stifle innovation by imposing registration, capital requirements, and best execution duties on protocol teams, front-end operators and DAOs.
Franklin Templeton Launches Solana ETF as NYSE Arca Approval Pushes SOEZ Live for Trading
Franklin Templeton, a major asset manager, has launched a Solana ETF (exchange-traded fund) called SOEZ, now trading on the NYSE Arca. This allows investors to gain exposure to Solana ($SOL) without directly holding the cryptocurrency. SOEZ tracks the CF Benchmarks Solana Index and charges a 0.19% management fee, which is waived on the first $5 billion in assets until May 31, 2026. The launch comes amid rising institutional interest in Solana, driven by its high transaction speeds and low fees. The approval of SOEZ is viewed as a validation of Solana's potential and could lead to greater institutional investment and broader adoption. Solana's price had recently rebounded, and analysts predict further gains, partly due to anticipation of the ETF. The ETF uses the CF Benchmarks Solana Index, providing regulated pricing and institutional compliance.
Chase $30K in Shuffle Casinos Six of Hacksaws Finest Challenge
Shuffle Casino is hosting a promotion called "Six of Hacksaws Finest" from December 4th to December 11th, offering a $30,000 prize pool to players who achieve specific multiplier targets on six selected Hacksaw Gaming slot games. Participants must place bets of at least $0.40 (or equivalent) on Jaws of Justice, Le Santa, Wanted Dead or a Wild, Le Bandit, Xmas Drop, and The Luxe, aiming for multipliers of 40x, 80x, 120x, 160x, 200x, and 240x respectively. The prize pool will be split equally among all eligible players who successfully complete all six targets. Players must be Wood rank or above in Shuffle's VIP Program, and only real money bets count toward the promotion. Prizes will be automatically credited within 72 hours after the event ends.
WLFI Sets January Rollout for Real-World Asset Products as Trump-Backed Venture Steps Into Global Spotlight
World Liberty Financial (WLFI), a crypto venture with ties to Donald Trump's family, plans to launch its real-world asset (RWA) products in January. This was announced at a Binance event in Dubai. WLFI's native stablecoin, USD1, has already been used by an Abu Dhabi-backed firm, MGX, to pay for its investment in Binance. The company is also developing a wallet, a decentralized exchange (DEX), a global payment system, and a credit card, with collaborations planned with TikTok and Apple. The RWA market is expected to grow, and WLFI aims to take advantage of that.
Binance Unveils Binance Junior as Yi He Steps In as Co-CEO, Marking a New Era for the Exchange
Binance has launched Binance Junior, a platform designed for children aged 6 to 17 to learn about crypto under parental supervision. This platform allows parents to create sub-accounts for their children, set permissions, monitor activity, and facilitate transfers, while restricting trading and withdrawals. The goal is to introduce young users to blockchain technology and responsible finance. In addition to this new product, Binance has appointed Yi He, a co-founder of the company, as Co-CEO. Her responsibilities will include driving innovation, strengthening regulatory frameworks, scaling community programs, and building infrastructure for future growth. The company now has almost 300 million users. These two announcements signify Binance's focus on expanding its reach, improving its regulatory standing, and building a long-term infrastructure for Web3 adoption.
ADA, ETH, XRP Climb as Bitcoin Zooms Above $93K, But Traders Warn of Fakeout Rally
Bitcoin's price increased significantly, surpassing $93,000. Alongside Bitcoin's rise, ADA, ETH, and XRP also experienced price increases. However, some traders are suggesting that this upward movement might be a temporary 'fakeout rally', indicating a potential price correction could follow.
Ripple CEO's Bold Call: Bitcoin to Hit $180K by End of 2026
Ripple's CEO has predicted that Bitcoin will reach $180,000 by the end of 2026. This prediction is a straightforward projection about the future value of Bitcoin. It suggests a significant potential increase in Bitcoin's price within the next few years. The CEO did not provide details on his rationale.
Kalshi, Robinhood and Crypto com Face Cease & Desist Order in Connecticut
Kalshi, Robinhood, and Crypto.com have received cease and desist orders from the state of Connecticut. These orders mean that these companies are being told to stop offering certain services or operations within Connecticut. The specific reasons for the orders and the exact services affected were not detailed in this article, but the core implication is that these platforms face potential restrictions on their ability to operate in Connecticut.
Ten European Banks Form Qivalis To Gear Up For Euro Stablecoin Launch In H2 2026
Ten major European banks, including BNP Paribas, ING, Banca Sella, and others, have formed a consortium called Qivalis, based in Amsterdam. Their goal is to launch a euro-backed stablecoin in the second half of 2026, aiming to provide an alternative to US dollar-dominated stablecoins like USDT and USDC, which currently control 85% of the market. Qivalis is seeking an electronic money institution license from the Dutch Central Bank to ensure compliance with the EU's Markets in Crypto Assets Regulation (MiCAR). Jan-Oliver Sell, with previous experience at Coinbase Germany and Binance, has been appointed as Qivalis CEO. The consortium is open to additional banks joining the project. In related news, PayPal's PYUSD stablecoin has seen its supply increase from $1.2 billion in September to $3.8 billion. Bitcoin is currently trading around $92,800, up 7% over the last week.
Bitcoin Attempts a Pattern Break, but One Group Could Still Block the 15% Rally
Bitcoin has increased by 1.9% over the past week and is currently trading near $93,300, showing signs of a potential breakout that could lead to a 15% rise. The increase in demand is supported by a shift in exchange flows, indicating more Bitcoin is being withdrawn than deposited. However, the rally is mainly driven by short-term holders, who are quick to sell if the price stalls. Long-term holders have not significantly participated in the buying, which could make the rally unstable. To confirm the breakout, Bitcoin needs to close above $93,200, targeting potential price levels at $96,600, $99,800, and $104,000. A drop below $90,400 could lead to further declines, while falling under $80,500 would invalidate the breakout pattern.
Kevin Hassett Sparks a CryptoBond Market Split as Fed Race Heats Up
Kevin Hassett is a leading candidate to become the next Federal Reserve Chair in 2026, replacing Jerome Powell. This potential appointment has created a split in financial markets. Bond investors are concerned that Hassett would push for rapid interest rate cuts, even if inflation stays above the 2% target, potentially undermining the Fed's independence and causing instability. Crypto traders, on the other hand, are optimistic because Hassett is seen as favoring lower rates, increased liquidity, and a weaker dollar, which are generally positive for cryptocurrencies like Bitcoin and Ethereum. Hassett has advised Coinbase and holds COIN stock. President Trump is expected to announce his choice for Fed Chair soon, with a nomination anticipated early next year. Investors are watching closely as this decision will impact monetary policy and digital asset markets.
Pundit Reveals How Five-Digit XRP Price Could Power SWIFT, DTCC, RAW, Gold, and CBDCs
KING VALEX, a figure within the XRP community, has predicted that XRP's price could reach between $10,000 and $50,000. This prediction is based on the belief that widespread adoption of XRP by major financial institutions would require a significant price increase to facilitate global financial transactions.
Senator Cynthia Lummis sparked speculation about federal Bitcoin buying with a cryptic post on X
Senator Cynthia Lummis posted a cryptic message on X hinting at potential U.S. government Bitcoin purchases, sparking discussions about the implications of such a move. This comes as Texas officials confirmed the state acquired nearly $5 million in Bitcoin through a BlackRock exchange-traded fund, making it one of the first states to directly fund a cryptocurrency reserve. Texas' acquisition was made at a price of nearly $87,000. While supporters see this as a strategic move that could benefit Texas in the long term, critics express concerns about the volatility of Bitcoin and the potential risks to taxpayer funds.
Crypto Market News Today [LIVE] Updates 4th Dec: Ethereum Fusaka Upgrade, ETH ETF inflows, ETH Price Today
Today's crypto market update focuses on Bitcoin and Ethereum. Bitcoin is expected to avoid a major crash similar to 2022, provided Strategy continues to hold its significant Bitcoin reserves of 650,000 BTC. The report suggests future pullbacks will likely result in a long sideways phase. Ethereum's Fusaka upgrade went live today, designed to improve network speed and capacity. The upgrade increases block space, streamlines data checks for nodes, reduces congestion, and facilitates easier scaling for Layer-2 networks, potentially boosting Ethereum's long-term demand. Additionally, Ethereum's price rose to $3,215 due to increased buying activity from mid-sized investors holding between 1,000 and 10,000 ETH, along with a surge of 190,000 new wallets being created in a single day, signaling strong network growth.
Binance Takes Family-Centric Approach to Crypto with Junior Wallet
Binance has launched Binance Junior, a mobile app that allows parents with Binance accounts to deposit cryptocurrency into savings accounts for children aged 6 to 17. Parents can set spending and transfer limits. The app allows children 13 and up to initiate transfers independently, subject to local regulations and daily limits. This initiative aims to promote crypto adoption among younger generations, supported by data showing over half of Gen Z own or have owned crypto. The move aligns with a growing trend of educational resources, like children's books on cryptocurrency, designed to teach kids about digital assets.
Solana (SOL) Cools Off After Rally While Market Eyes a Resistance Break
Solana (SOL) has been trading above $140 after a recent rise past the $135 mark. It's currently consolidating, with a potential to increase further if it breaks the $145 resistance level. There's a bullish trend line forming around $143, suggesting possible support at that level. If Solana fails to overcome the $145 resistance, it might decline, with initial support near $143 and a stronger support level around $135. The next major resistance levels to watch are $148, $150, $162 and $180. Technical indicators show the MACD losing pace in the bullish zone and the RSI above 50.
SBF Cheers Trumps Pardon Of Honduras Ex-President
In December 2025, former Honduran President Juan Orlando Hernndez, who was serving a 45-year sentence in the US for drug trafficking and weapons charges after being convicted in 2024, received a full pardon from then US President Donald Trump. Sam Bankman-Fried, also imprisoned in the US after his conviction related to the FTX collapse, publicly praised Trump's decision. Bankman-Fried expressed support for Hernndez's release, noting they had previously shared a prison dormitory. The pardon has sparked considerable controversy, drawing criticism from lawmakers and anti-drug officials who believe it weakens efforts to combat drug trafficking. Concerns have also been raised about the potential impact on US relations in the region and public opinion in Honduras. While supporters claim Hernndez faced political attacks and the pardon corrects an injustice, others worry it could set a problematic precedent for executive clemency.
First Chainlink ETF Sees Massive Investor Activity with $41M in Inflows on Launch
A new investment fund focused on Chainlink, a cryptocurrency network, has launched and attracted significant investor interest. The fund, which is structured as an Exchange Traded Fund (ETF), saw $41 million flow into it on its first day of trading. This indicates strong initial demand from investors wanting exposure to Chainlink through a regulated investment product.
BTC at $100K Back on Table as Volatility Shatters Uptrend, Ether Bulls Grow Bolder
Recent market volatility is reigniting discussions about Bitcoin potentially reaching $100,000. Despite this volatility, the overall trend remains upward. Simultaneously, there's increasing optimism among investors regarding Ethereum's performance.
Pundit Says Anything Over 10,000 XRP Means Youre Doing Fine
A commentator known as TheXRP Guy stated on Twitter that holding 10,000 XRP tokens could be enough for investors to achieve financial success. This statement reopens the discussion about how many XRP tokens are necessary for a secure financial future.
[LIVE] Crypto News Today: Latest Updates for Dec. 04, 2025 Bitcoin Selling Pressure Eases as Market Rebounds; ETH Breaks $3.2K
The cryptocurrency market experienced a general recovery, particularly in the decentralized finance (DeFi) sector, which saw gains exceeding 5%. Ethereum's price surpassed $3,200, while Bitcoin rose by 1.6% to reach $93,000. Chainlink increased by 7.51% and Curve DAO saw a gain of over 12%. While Bitcoin's selling pressure is diminishing, demand remains low. Market analysts suggest that the current period is more likely to bring stability than a rapid recovery, with a stronger rebound anticipated after excessive selling activity subsides.
Ethereum Fusaka Upgrade Goes LiveHeres Why a Breakout Toward $3,500 is Imminent
The Ethereum network recently implemented the Fusaka upgrade to improve transaction efficiency and support scaling tools. Following the upgrade, wallets holding significant amounts of Ethereum, specifically between 1,000 and 10,000 ETH, have accumulated approximately 450,000 ETH between November 18 and December 2. This accumulation reverses a previous sell-off and suggests renewed confidence among larger holders. Ethereum's price has reclaimed $3,215 and is approaching resistance around $3,350 to $3,450. Breaking this resistance could lead to a price target of $3,500. Technical indicators suggest potential upward movement, supported by increased on-chain activity and network growth following the Fusaka upgrade.
Altcoin Season In 2026? Depends on These Conditions
A market analyst suggests a significant altcoin season may occur by 2026, contingent on specific conditions being met. The recent approval of crypto ETFs is driving optimism, with institutions showing increased interest in altcoins. However, for a true altcoin season to materialize, altcoin ETFs, excluding Bitcoin-related funds, need to attract over $1 billion in weekly inflows and reach at least $50 billion by the end of 2026. Furthermore, monthly token unlocks must stay below $5 billion. If these conditions are not met and supply overtakes demand, altcoins may struggle, leaving Bitcoin and Ethereum as the dominant institutional choices.
XRP Price Nears Breakout Zone, Suggesting a Potential Rally May Be Brewing
XRP's price has been recovering, moving above $2.15. It's showing positive signs and could rise further if it breaks past the $2.25 level. Currently, it's trading above $2.15 and the 100-hour Simple Moving Average, with a contracting triangle pattern forming around $2.20. If XRP breaks above $2.22, it could potentially reach $2.25, then $2.35, and possibly higher to $2.40 or even $2.45. However, if it fails to surpass $2.25, it might decline, with initial support around $2.18 and $2.15. A drop below $2.15 could lead to further declines towards $2.10 or even $2.05.
Dogecoin Reclaims Bullish Structure as Whale Activity Hits 2-Month Low
Dogecoin has regained a positive trend in its price movement. Simultaneously, the amount of large transactions involving Dogecoin, often associated with major investors (whales), has reached its lowest point in two months. This suggests a shift in market dynamics for Dogecoin.
Kalshi, Robinhood, Crypto.com Hit With Connecticut Stop Order for Gambling Violations
Connecticut's Department of Consumer Protection has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com, demanding they stop offering what the state considers unlicensed online gambling to Connecticut residents. The state argues that the platforms' sports-style prediction products are illegal wagers and violate state gaming laws because they don't have the required licenses. Furthermore, the state is concerned about a lack of consumer protections, potential for insider knowledge influencing outcomes, and the platforms potentially targeting underage individuals and those on self-exclusion lists. The companies must immediately cease offering these products and allow Connecticut residents to withdraw their funds. Failure to comply could result in civil penalties and potential criminal charges. The state currently only authorizes DraftKings, FanDuel and Fanatics to legally operate sports betting.
XRP Clears Resistance Channel With Traders Eyeing $2.33-$2.40 Zone
XRP has broken through a resistance channel, a level where the price previously struggled to rise above. Traders are now anticipating a potential price increase to the $2.33 to $2.40 range, meaning they expect the value of XRP to possibly climb to these levels.
Dogecoin Developer Creates New Way To Use DOGE With Banking IBAN Heres How
A Dogecoin developer, Paulo Vidal, has created a new protocol called D-IBAN that converts Dogecoin addresses into a format similar to International Bank Account Numbers (IBANs). This is designed to make Dogecoin more compatible with traditional banking systems by allowing banks to validate Dogecoin addresses. The D-IBAN system supports multiple Dogecoin address types and uses the same checksum algorithm that banks use. The encoding is reversible, and the protocol also includes features like DogeMoji and DogeWords to make addresses easier to share. While some in the crypto community are excited, others are cautious, noting that banks might require AML/KYC compliance and that simply creating a mathematically valid IBAN doesn't guarantee banks will process transactions. Vidal emphasizes that D-IBAN is optional and aims to provide a familiar format for banks to handle Dogecoin while preserving user control and decentralization.
Next Key XRP Level Could Be $1.2 If Current Support Fails, Says Analyst
A crypto analyst suggests that XRP's price might fall to $1.2 if it breaks below its current support level of $2. The analyst identified a 'Parallel Channel' pattern in XRP's price chart, where the price consolidates between two parallel lines, acting as resistance and support. XRP recently bounced off the lower support level of this channel at $2, but a failure to hold this level could lead to a significant drop to $1.2. Currently, XRP is trading at $2.17, recovering alongside the broader cryptocurrency market.
Bitcoin 2026 Outlook: Ripple CEO Brad Garlinghouse Predicts $180,000
Ripple CEO Brad Garlinghouse predicts Bitcoin will reach $180,000 by the end of 2026. This prediction was made during a panel discussion at Binance Blockchain Week. Other predictions included Solana Foundation President Lily Liu forecasting Bitcoin above $100,000. These forecasts come after Bitcoin recently experienced a sharp $5,000 drop, leading to $700 million in liquidations. The drop was triggered by rising Japanese government bond yields unwinding the Yen Carry Trade. Despite this crash, on-chain data indicates that large Bitcoin holders, known as whales, accumulated 375,000 BTC during the downturn, and miners reduced their selling. The market is now awaiting the Bank of Japan's next policy decision on December 18, which could significantly impact Bitcoin's price. An interest rate hike could push Bitcoin toward $75,000, while a pause could trigger a rally back toward $100,000.
$41M Pours Into First LINK ETF: Will Chainlink Finally Break Its ATH?
The Grayscale Chainlink Trust ETF ($GLNK), the first of its kind in the U.S., launched with approximately $41.5 million in inflows on its first day. This ETF allows institutional investors to gain exposure to Chainlink's native token, LINK, through traditional investment accounts. Following the ETF launch, LINK's price broke out of a downward trend, leading to speculation it may reach new all-time highs. On-chain data indicates significant whale accumulation of LINK prior to and after the ETF launch. Open Interest in LINK has also risen, suggesting increased trader confidence. Despite the positive momentum, analysts are cautious, noting that early whale investors may sell their holdings as they approach profit targets, potentially creating selling pressure that could limit further gains. The market is closely monitoring whether institutional demand can outweigh potential profit-taking by large holders.
Asia Market Open: Bitcoin Steadies Around $93K, Stocks Drift After Weak US Prints Reinforce Fed Cut Outlook
Bitcoin is holding steady around $93,000 as Asian stock markets show mixed performance. Soft economic data from the US is increasing expectations that the Federal Reserve will cut interest rates soon. Several factors are contributing to Bitcoin's recent strength, including Vanguard potentially lifting its ban on Bitcoin ETFs, a Bank of America recommendation for crypto allocation, and the possibility of Kevin Hassett becoming the next Fed chair. Traders are also closely watching US jobless claims data, which could further influence Bitcoin's price. In the stock market, Japan's Nikkei is up, while other Asian markets are slightly down. The expectation of a Fed rate cut has increased, with markets pricing in an 89% chance of a cut next week. The dollar has fallen to a five-week low as investors analyze signals regarding future Fed policy. Investors are also monitoring a backlog of US economic data and focusing on private sector surveys to understand the Fed's likely course of action. The personal consumption expenditures index, a key inflation gauge, will be released soon.
Ethereum Surges Above $3,200 as Traders Eye a Stronger Bullish Extension
Ethereum's price has risen above $3,200, signaling a potential for further gains. It is currently testing the $3,250 resistance level. If it breaks through this point, it could climb to $3,320, and potentially even higher towards $3,450 or $3,500. However, failure to surpass $3,250 could lead to a decline, with initial support around $3,160 and further support near $3,120. A drop below $3,120 might push the price down to $3,050, or even as low as $2,980 or $2,880.
Risk Runs Hot: Massive Crypto Liquidation Wave Slams Traders Overnight
Cryptocurrency traders are using more leverage, leading to larger and more frequent liquidations. Daily liquidations have significantly increased compared to the last market cycle, with one notable event on October 10 seeing over $640 million in long positions wiped out per hour as Bitcoin's price sharply declined. Futures markets have expanded, reaching record levels in open interest and daily turnover, with perpetual contracts dominating activity. Spot trading has also doubled, indicating more active participation in the market. Bitcoin's monthly inflows have been substantial, pushing its realized market capitalization to a record high, and its share of the overall crypto market has risen significantly. The Bitcoin network has processed nearly $7 trillion in transfers in the last 90 days. Bitcoin is currently trading at $93,165, showing gains in daily and weekly timeframes.
Strategy Eyes Bitcoin Lending Partnerships With Big Banks
Strategy CEO Phong Le indicated the company may consider lending its Bitcoin holdings in the future, but only after large US banks establish robust, institutional-grade Bitcoin custody and lending services. Strategy currently focuses on buying and holding Bitcoin as its primary treasury reserve asset. To protect against being forced to sell Bitcoin, Strategy maintains a $1.4 billion dollar reserve to cover dividends and interest payments. The company recently issued equity to pre-fund dividends for roughly 21 months and aims to maintain a cash buffer equal to two to three years of dividends. Strategy is defending its dividend policy and asserting that it is not overleveraged. Le also argued that Strategy should be recognized as a fully integrated Bitcoin operating company, not just a fund.
CZ Walks to Center Stage of Prediction Markets
Changpeng Zhao (CZ), the founder of Binance, is increasing his involvement in prediction markets. He has introduced a new prediction market on BNB Chain, and Trust Wallet, which he owns, has integrated prediction trading features for its 220 million users. This follows BNB Chain's previous integration with Polymarket and the launch of Opinion mainnet in October, aiming to establish BNB Chain as a central hub for decentralized prediction markets. CZ highlighted that the new prediction market allows user funds to generate yield while awaiting outcomes and is backed by YZiLabs, which manages over $10 billion in assets. Trust Wallet's new 'Predictions' feature enables users to bet on various events, including politics, sports, and market trends, using BNB or stablecoins, through a partnership with Myriad. BNB Chain's October integration with Polymarket allows users to participate in high-volume prediction markets within the BNB ecosystem. Opinion Labs, backed by YZi Labs, launched its mainnet exclusively on BNB Chain, offering uncensored event forecasting and hedging options. CZ's increased activity in prediction markets aims to create a home base for next-generation platforms, following the surge in valuation of prediction markets like Kalshi and Polymarket.
Bitcoin Strengthens Again as Market Positions for Another Wave of Gains
Bitcoin has increased above $92,000 and is currently testing the $94,000 resistance level. There's a bullish trend line forming around $92,000. If Bitcoin breaks above $94,000, it could potentially reach $95,000, $95,850, or even higher targets like $96,500, $97,200, and $98,000. However, if Bitcoin fails to surpass $94,000, it could decline towards support levels at $92,000 and $91,200, with further support at $88,850 and $87,500. Key resistance levels to watch are $94,000 and $95,000, while major support levels are $92,000 and $91,200.
Bitcoin (BTC USD) Price: Bullish Expectations Vs. Downside Risk
Bitcoin's price is showing signs of a potential recovery, with the Coinbase premium index turning positive, suggesting renewed interest from larger investors. Liquidity on exchanges like Binance is also improving. However, there's hesitation among big investors, known as whales, possibly due to concerns about liquidity issues stemming from the bond market. While Bitcoin has bounced back after a recent dip, whale activity indicates cautious optimism, with hedging in the derivatives market. If Bitcoin gains enough momentum and breaks past a key resistance level, it could potentially target a price range of $103,500 to $108,900. The price movement in the coming days will depend on the behavior of whales and institutional investors, with increased volatility expected due to the upcoming FOMC meeting.
Asia Morning Briefing: Polymarket Bettors Still Expect Big Strategy Buys Even as Saylor Prepares for a Weak Market
Polymarket bettors are anticipating significant strategic cryptocurrency acquisitions despite Michael Saylor's preparations for a potentially weak market. The article highlights a divergence in expectations between those placing bets on Polymarket and Saylor's anticipation of market challenges. The focus is on contrasting market sentiment, with bettors expecting considerable investment activity and Saylor positioning for a possible downturn.
Crypto-To-Politics Donation Pipeline Under Threat As UK Mulls Ban
The UK is considering banning political donations made with cryptocurrencies like Bitcoin due to concerns about anonymous transactions potentially allowing foreign or illegal money to influence elections. This move would directly affect Reform UK, a political party that recently started accepting crypto donations. Officials and watchdogs are worried that the pseudonymous nature of crypto wallets makes it difficult to trace the origin of funds. While a full or partial ban is being debated, even stricter transparency rules would be challenging to enforce. The Conservative Party raised 6.3 million in the first half of the year, compared to Reform's 2.1 million over the same period, highlighting the significance of any new fundraising avenues. It's unclear whether these changes will be implemented before the next election.
Bitcoin Stands At The Edge Of Explosion Cup & Handle + IH&S Signal A Breakout Storm
Bitcoin is showing signs of a potential price surge, according to market analysts. Two trading patterns, called the Cup & Handle and Inverse Head and Shoulders, suggest a breakout is likely. If Bitcoin closes above $93,160, the Cup & Handle pattern indicates a possible climb to $104,000. Another analyst highlights key resistance levels at $98,200 and $107,500. Conversely, failure to maintain price above a certain area could lead to a drop towards the $82,477 region, with further declines possible if it falls below that. Bitcoin has broken past $87,500 and $90,000, confirming the Inverse Head and Shoulders pattern. The next resistance level to watch is $95,000.
Tight supply, EVs, solar & electronics demand push silver higher than gold. But is it better?
Silver's price has doubled so far in 2025, outpacing gold's 60% increase, due to high demand from the electronics, electric vehicle, and solar industries coupled with limited supply from miners. Silver inventories are low, and major producing countries like Mexico, Peru, and China face regulatory and environmental challenges. Unlike gold, silver lacks central bank support to increase market supply. Global silver holdings are valued under $50 billion, significantly less than gold's $1.2 trillion. Physical silver-backed ETFs saw holdings increase by 15.7 million ounces in November, indicating bets on continued supply tightness. Options market activity shows increased demand for call options (bets on price increases), making upside bets more expensive. One market technician pointed out that an ETF tracking silver's performance has seen gains that historically precede price peaks.
Fusaka Pushes Ethereum Above $3,200: It Will Reach $4,262 If This Happens
Ethereum's Fusaka upgrade went live on December 3rd, introducing PeerDAS technology to improve transaction processing for layer-2 rollups and increase the gas limit. Following the upgrade, Ethereum's price surpassed $3,200, a level previously considered a strong resistance point. Traders are observing if this upward trend will continue, with some suggesting a potential rise to $4,262 based on previous market behavior after a similar upgrade. Key support levels to watch are $3,200, and further down, $2,996, while the next price target to watch for a continued rally is $3,653.
Nvidia CEO says China likely won't accept its US-made H200 chips now
Nvidia CEO Jensen Huang stated that China is unlikely to accept the company's H200 AI chips, even if the U.S. government eases export restrictions. This is because China will not buy degraded or watered-down versions of the chips. The H200 chip is powerful enough to train and run large-scale AI models, making it a sensitive technology. The Trump administration is discussing whether to allow the H200 to be sold in China. Nvidia needs to sell globally, but there are concerns about China's military getting ahead in AI. Senator Elizabeth Warren criticized the idea of allowing the H200 into Chinese hands. China represents a $50 billion opportunity for Nvidia, but the company has excluded data center revenue from China in its financial forecasts. China previously told local firms not to buy Nvidia's H20 chip and to use homegrown chips instead.
Ethereums Fusaka upgrade goes live
Ethereum's Fusaka upgrade went live on Wednesday at 9:49 p.m. UTC. This upgrade introduces peer data availability sampling (PeerDAS), which aims to increase data capacity and reduce transaction costs for Ethereum and Layer 2 networks. The upgrade is expected to improve transaction speed and lower fees, potentially leading to a more user-friendly experience. Layer-2s and rollups may experience faster processing and more efficient interaction with the Ethereum mainnet. Some analysts believe Fusaka could positively impact the price of ETH. Since December 1st, Ethereum's price has increased by over 13%. The number of Ethereum addresses holding at least $1 million has risen by 4.68%, representing at least $623 million of additional capital among top-tier holders.