In a span of four turbulent hours, the crypto market has grappled with a whirlwind of regulatory shifts and price shocks. The U.S. Senate's confirmation of Trump crypto-friendly nominees to helm the CFTC and FDIC headlines a profoundly pivotal moment, potentially rewriting the rulebook for digita... ... Read full đĄđ Market Analysis: 19-12-21
The Bitcoin price has experienced a significant correction after reaching all-time highs above $126,000 in October, currently trading just above $87,900. This marks a notable 30% decline over the past few months. Despite this setback, analysts at Citi express optimism for the cryptocurrencyâs futureâŚ
SBI VC Trade opens new rent coin lending round in JapanSBI Group is now a massive institutional partner of Ripple, the company associated with XRP.Recruitment round. SBI VC Trade, a subsidiary of SBI Holdings, announced a new recruitment round for its âRent Coinâ (lending) service.SBI VC Trade, a maâŚ
Veteran chartist Peter Brandt has once again turned his focus to the XRP community after sharing a technical breakdown that points to a bearish market structure on the weekly timeframe for the cryptocurrency. Brandtâs technical analysis focused squarely on chart behavior rather than sentiment, warniâŚ
On-chain data shows the Ethereum exchange netflow has witnessed a negative spike during the past week, a potential sign that investors have been accumulating.Ethereum Exchange Netflow Has Been Red For The Past WeekAs pointed out by institutional DeFi solutions provider Sentora in a new post on X, EtâŚ
While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said itâs been underway all along.âThere is always an altcoin season happening⌠and [if youâre] always saying altcoin season isnât there, [itâs] because you didnât own what went up,â HayeâŚ
Key takeaways:Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer assets, reducing interest in Bitcoin.Economic weakness in Japan and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term.Bitcoin (BTC) hâŚ
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 approvâŚ
XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRPâs 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 âŚ
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 suâŚ
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.ExpandâŚ
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 ofâŚ
Sen. Cynthia Lummis â a leading force behind efforts to pass sweeping cryptocurrency legislation and to codify a strategic bitcoin reserve â 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 toâŚ