🔍 🟡🙂 Market Analysis: 23-12-03

As we head deeper into the final week of December, regulatory currents are stirring the crypto waters. US lawmakers have unveiled a draft bill proposing tax breaks for small stablecoin payments and a deferred approach to taxing staking rewards, offering a glimmer of relief for retail users and sm... ... Read full 🟡🙂 Market Analysis: 23-12-03

XRP Price Holds Key Support While Traders Weigh Breakout Odds and Downside Risk

XRP Price Holds Key Support While Traders Weigh Breakout Odds and Downside Risk

XRP enters the final days of 2025 trading in a narrow and tense range, with market participants split between expectations of a rebound and concerns over a deeper breakdown.After a volatile year that included sharp rallies, extended pullbacks, and growing institutional participation, the token is no…

BlackRock pins Bitcoin ETF as major theme alongside T-bills, tech stocks

BlackRock pins Bitcoin ETF as major theme alongside T-bills, tech stocks

BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks.The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF tracking Treasury bills and another tied to t…

Ethereum Price Presses Resistance, but Can The Recovery Survive?

Ethereum Price Presses Resistance, but Can The Recovery Survive?

Ethereum price started a recovery wave above $2,980. ETH is now consolidating and faces a key barrier near the $3,080 level.Ethereum started a decent upward move above the $3,000 zone.The price is trading above $2,980 and the 100-hourly Simple Moving Average.There is a rising channel forming with su…

Asia Market Open: Bitcoin Stalls At $88k As Asian Stocks Ride Wall Street Momentum

Asia Market Open: Bitcoin Stalls At $88k As Asian Stocks Ride Wall Street Momentum

Bitcoin steadied near $88,000 in early Asian trading on Tuesday as equities pushed higher into the year-end, with traders leaning on risk appetite while gold and silver powered to fresh records on rate cut bets and geopolitical tension.A broad MSCI gauge of Asia Pacific shares rose about 0.31% as th…

Bitcoin perpetual open interest rises as traders bet on year-end rally

Bitcoin perpetual open interest rises as traders bet on year-end rally

Crypto derivatives markets are heating up as Glassnode reports perpetual open interest has risen in anticipation of a big move at the end of this year.Perpetual open interest (OI) has risen from 304,000 to 310,000 Bitcoin (BTC) as its price briefly touched $90,000 on Monday, Glassnode said on Monday…

Here’s Why This Bitcoin Bounce Is Designed To Hurt The Most

Here’s Why This Bitcoin Bounce Is Designed To Hurt The Most

Bitcoin’s recent bounce may look like a sign of renewed strength, but the price action tells a more deceptive story. With downside liquidity still thin and support holding firm, the market appears primed for a move that draws in eager bulls rather than rewarding them. This rally could be less about …

XRP Price Trims Upside, Slow Decline Signals Seller Dominance

XRP Price Trims Upside, Slow Decline Signals Seller Dominance

XRP price started a decent increase above $1.920. The price is now correcting gains and might struggle to stay in a positive zone.XRP price started a downside correction and tested the $1.880 zone.The price is now trading below $1.90 and the 100-hourly Simple Moving Average.There is a declining chan…

Ghana legalizes crypto trading with new law, plans to explore gold-backed stablecoins

Ghana legalizes crypto trading with new law, plans to explore gold-backed stablecoins

Ghana has officially legalized crypto trading, launching a regulatory framework that brings local digital asset activities out of a legal gray area.On Monday, Ghana announced that its parliament passed the Virtual Asset Service Providers Bill, which stipulates that persons and entities seeking to co…

CFTC changes guard as Selig takes reins, Pham departs

CFTC changes guard as Selig takes reins, Pham departs

The US Commodity Futures Trading Commission has officially undergone a change in leadership, with acting chair Caroline Pham saying she will leave the agency on Monday and Mike Selig being sworn in as chair.Pham, who had been serving as the CFTC’s acting chair since January and its sole commissioner…

New Crypto Tax Proposal: Bipartisan House Duo Pushes For Stablecoin Safe Harbor

New Crypto Tax Proposal: Bipartisan House Duo Pushes For Stablecoin Safe Harbor

In the wake of a significant shift in crypto regulation spurred by the new White House administration under President Donald Trump, lawmakers are working on a fresh tax framework aimed at providing clarity and a safe harbor for certain transactions involving stablecoins. Proposed Crypto Tax Framewor…

Dogecoin (DOGE) Rebound Hits Resistance, Raising Fresh Rejection Risks

Dogecoin (DOGE) Rebound Hits Resistance, Raising Fresh Rejection Risks

Dogecoin started a steady increase above $0.130 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.1275.DOGE price started a fresh increase above $0.1280 and $0.130.The price is trading above the $0.130 level and the 100-hourly simple moving average.There is a b…

IMF, El Salvador Talks Continue Over Bitcoin Project, Chivo e-Wallet Sales

IMF, El Salvador Talks Continue Over Bitcoin Project, Chivo e-Wallet Sales

The International Monetary Fund (IMF) that discussions regarding El Salvador’s Bitcoin project continue “centered on enhancing transparency, safeguarding public resources, and mitigating risks.”The international agency is also in advanced talks, negotiating for the sale of the government-run Chivo c…