🔍 Market Summary

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Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approv…

XRP ETFs Grow Past $60M As Price Struggles To Respond

XRP ETFs Grow Past $60M As Price Struggles To Respond

XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid.At the time of reporting, XRP was trading around $1.86, down more than 8% in the last week. That gap between ETF growth and a falling spot …

'True Currency': Did Elon Musk Just Describe Bitcoin?

'True Currency': Did Elon Musk Just Describe Bitcoin?

In a recent social media post, Elon Musk has opined that energy is the true currency.Bitcoiners have treated this take as an endorsement of the leading cryptocurrency because it validates the core philosophy of proof-of-work money. They see Musk's post as an indirect admission that Bitcoin is the su…

Blockchain Association says no to expanding stablecoin yield prohibition

Blockchain Association says no to expanding stablecoin yield prohibition

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders.Expand…

Pro-crypto US Senator Lummis won’t seek reelection in 2026

Pro-crypto US Senator Lummis won’t seek reelection in 2026

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed of…

Crypto’s Capitol Hill champion Sen. Lummis says she won’t seek re-election

Crypto’s Capitol Hill champion Sen. Lummis says she won’t seek re-election

Sen. Cynthia Lummis — a leading force behind efforts to pass sweeping cryptocurrency legislation and to codify a strategic bitcoin reserve — said she will not seek reelection.The Wyoming Republican's term is set to end in January 2027. In a post on X on Friday, she said this past fall had taken a to…

SEC confirms years-long director bans for former Alameda, FTX executives

SEC confirms years-long director bans for former Alameda, FTX executives

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice, the US Securities and Exchange Commission said that it had obtained final conse…

CoinDesk Bitcoin Price Index Gained 3.89% to $87960.93 — Data Talk

CoinDesk Bitcoin Price Index Gained 3.89% to $87960.93 — Data Talk

CoinDesk Bitcoin Price Index is up $3291.82 today or 3.89% to $87960.93Largest percentage increase since Dec. 2, 2025, when it gained 6.60%Snaps a two day losing streakDown 2.50% this weekWorst weekly performance since the week ending Nov. 21, 2025, when it fell 10.32%Down 3.7% month-to-dateDown 5.8…

Sun Token to Hold Giveaway

Sun Token to Hold Giveaway

SunPump runs an AI-powered on-chain interaction campaign featuring SunAgent. From December 19 to 25, users can interact with the AI agent via wallet-connected commands and share their experience on X to participate in a 500 USDT prize pool. Participation requires completing at least one on-chain int…

Illuvium Launches Christmas Sale With Limited Festive Bundles

Illuvium Launches Christmas Sale With Limited Festive Bundles

Illuvium has opened its Christmas Sale, scheduled to go live on December 19 at 12:00 UTC.The sale includes Arena + Beyond Bundles featuring exclusive seasonal cosmetic items.The offer is strictly limited to 200 Arena bundles and 150 Beyond bundles and will be distributed on a first-come, first-serve…

XRP to $2 by End of 2025 Narrative Not Dead, But Bollinger Bands Warn: Don't Fixate on It

XRP to $2 by End of 2025 Narrative Not Dead, But Bollinger Bands Warn: Don't Fixate on It

XRP is trying to end 2025 with a number that sounds easy at first glance but is difficult in reality — a close above $2. The daily Bollinger Bands on the chart by TradingView show why the margin is thin; the price is still sitting under the centerline of the Bollinger Bands range, so the market has…

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, …