Illinois had issued cease-and-desist letters to Kalshi, Robinhood, and Crypto.com in April over sports event contract offerings.
XRP holders could be facing another prolonged stretch of downside pressure as the cryptocurrency continues to lose ground in a weakening market. XRP’s performance this period has been underwhelming enough that analysts have seemingly given up hope of the price challenging higher resistance levels in the near term. They revealed that XRP has slipped below key support zones, leaving few technical barriers to slow further declines. XRP Faces Further Decline As All Support Fails A crypto market analyst who goes by the name ‘Guy on the Earth’ on X has shared a rather bleak outlook on XRP’s near-term prospects. In his post on Thursday, the analyst revealed that XRP looks set for more pain as the market structure continues to deteriorate. He noted that price action is now threatening to lose its Descending Channel, signaling overall weakness rather than stabilization. Related Reading: Bitcoin Just Entered Extreme Oversold Levels And Analysts Predict New ATH Targets According to the expert, the probability of XRP reclaiming the $1.95 level by the weekly close is incredibly low. However, losing this consolidation range that has contained price since November 2024 opens the door to a technical downside target near $0.90. He also pointed out that a confirmation from the monthly timeframe aligns with the two-week chart, which is fast approaching its close in just a few days. Guy on the Earth stated there was little optimism left in the current price setup. He emphasized that no meaningful support levels are holding, and the market demand appears thin, leaving XRP vulnerable to continued selling pressure and potential declines. The analyst’s review of the cryptocurrency’s performance was blunt, suggesting that the market “is what it is” at this stage. Looking at the chart shared alongside the analysis, XRP is clearly trading within a well-defined downward channel that has guided price lower for several months now. Each bounce attempt has been capped by descending resistance, reinforcing the cryptocurrency’s bearish trend. Recent candles also show price drifting toward the lower boundary of the Descending Channel, increasing the risk of a correction. Momentum indicators at the bottom of the chart also reflect ongoing pressure. XRP’s Relative Strength Index (RSI) sits near the lower end of its range, showing persistent weakness as price fails to recover. Related Reading: Ripple Goes Institutional: What The Doppler Finance And SBI Partnership Means For XRP Analyst Weighs Short-Term Hope For XRP When asked by a crypto community member if a daily close back inside the Descending Channel could temporarily save XRP from an extended downturn, Guy on the Earth acknowledged the possibility. He stated that such a move could help in the short term but described it as a “trivial” development compared to larger structural levels. The crypto analyst’s focus remains on the $1.95 level on the two-week close, highlighting it as the most critical area to watch. He pointed out that this structure has remained intact for the past 13 months, making it a defining support zone for XRP. While bouncing back to the channel would not erase the broader bearish trend, the expert revealed that it would at least suggest that XRP still has a chance to grow. Featured image created with Dall.E, chart from Tradingview.com
Rieder's potential appointment could signal a shift towards integrating digital assets into mainstream financial policy, impacting global markets.
The post Bitcoin-friendly Rick Rieder to be interviewed for US Fed chair role at Mar-a-Lago appeared first on Crypto Briefing.
Ripple is sharpening its focus on traditional finance by deepening its collaboration with TJM Investments, a broker-dealer operating under US regulatory oversight. By acquiring a minority interest in the firm, Ripple is taking a calculated step toward the core systems that institutional investors already rely on, rather than pursuing visibility through new retail-facing products or …
When Circle's shares opened at $69 on the New York Stock Exchange in June, more than double the $31 pricing, it looked like validation. Investors paid up for a regulated stablecoin issuer with real revenues, treating USDC rails as financial infrastructure rather than speculative crypto exposure. Six months later, Circle trades at $82.58, up nearly […]
The post A toxic trend that suggests the IPO window is slamming shut for most crypto companies ignored Circle appeared first on CryptoSlate.
Your day-ahead look for Dec. 19, 2025
As Bitcoin price absorbs the selling pressure, attention is quietly shifting to how large-cap altcoins are behaving during this pause. XRP, in particular, is drawing interest not because it is rallying aggressively, but because it isn’t breaking down. In a market where hesitation often exposes weakness, XRP’s ability to hold structure is becoming a signal …
Bybit's UK launch signifies a growing trend of crypto exchanges adapting to stringent regulations, potentially enhancing market stability and trust.
The post Bybit officially launches in the UK after regulatory reset appeared first on Crypto Briefing.
Coinbase is pushing back against state-level resistance as it moves deeper into prediction markets, filing lawsuits against regulators in Connecticut, Illinois, and Michigan. At stake is a much larger question than one company’s product launch: who gets to regulate prediction markets in the United States, and whether they are treated as financial instruments or gambling …
Bitcoin, Ethereum and XRP traded carefully on Friday as global investors watched the expiry of about $7.1 trillion worth of U.S. stock and ETF options. This is the largest options expiry ever recorded, and its size has raised concerns about short-term market volatility. Still, analysts say such events do not automatically lead to a sharp …
Bybit has reentered the U.K. after a two-year pause, reopening access to spot trading on about 100 crypto pairs for local users. Instead of operating directly, the exchange is using a structure that aligns with the Financial Conduct Authority’s strict financial promotion rules by routing services and marketing through London-based, FCA-regulated crypto exchange Archax. This …
The administrator winding down what remains of Terraform is suing Jump Trading, accusing it of contributing to its demise while profiting illegally.
Oracle shares jumped 6% in pre-market on Friday as TikTok's U.S. agreement helped calm AI bubble fears after a volatile macro week.
The investment firm also picked up another 575,644 shares in Solana treasury company Solmate amid its latest fund rebalancing.
Glamsterdam and Hegota are expected to continue Ethereum's twice-a-year upgrade schedule in 2026 following Pectra and Fusaka.
Bitcoin prices swung sharply around the opening of U.S. markets this week, triggering large liquidations and renewing debate over the role of derivatives, liquidity and timing in the world’s largest cryptocurrency. Bitcoin saw fast moves higher and lower within short time frames, leading to the forced closure of both bullish and bearish leveraged positions, according …
Concerns over quantum computing are weighing on Bitcoin’s price and slowing some investment flows, amid a sharp divide between developers and many investors. Related Reading: UK Crypto Ownership Takes Biggest Hit Since 2021, Regulator Says Developers Call Threat Distant According to Bitcoin developer Adam Back of Blockstream, quantum machines remain far from able to break Bitcoin’s protections. He said the tech is still “ridiculously early” and that research hurdles persist. Back expects no real threat within the next decade and argued that even if parts of Bitcoin’s cryptography were compromised, the network would not automatically be emptied. Security, he noted, does not rest solely on encryption in a way that would allow mass theft on the blockchain. i think the risks are short term NIL. this whole thing is decades away, it’s ridiculously early and they have massive R&D issues in every vector of the required applied physics research to even find out if it’s possible at useful scale. but it’s ok to be “quantum ready” and — Adam Back (@adam3us) December 18, 2025 The Risk That Keeps Some Awake Other voices in the community disagree. Jameson Lopp, a well-known Bitcoin engineer, has warned about the worst-case outcome if quantum advances allowed attackers to break the ECDSA signature scheme that secures many wallets. In that scenario, forged signatures could be used to move funds, and user confidence might erode quickly. That warning has been repeated as a technical possibility, not as something imminent. How should we treat quantum vulnerable coins in a future where quantum computing becomes a threat? This panel from the Presidio Quantum Bitcoin Summit features myself, @theblackmarble, and @cryptoquick.https://t.co/jhr6hjLXru — Jameson Lopp (@lopp) September 14, 2025 Investors Worry, Capital Shifts Nic Carter, a partner at Castle Island Ventures, told observers that it is “extremely bearish” when influential developers appear to dismiss any quantum risk outright. He said the gap between investor concern and developer assessment is large. Reports have disclosed that some capital is being held back while large holders consider spreading risk into other assets. Craig Warmke of the Bitcoin Policy Institute added that perceived quantum risk has already pushed some holders to reduce their Bitcoin positions. Quantum risk is stemming the flow of capital into bitcoin, and encouraging large holders to diversify out of bitcoin. When non-technical people express concerns, they sometimes use technically incorrect language. It’s frustrating to see technical people dismiss concerns with an… https://t.co/MtSNY7Ivg3 — Craig Warmke (@craigwarmke) December 18, 2025 Current Technology Falls Short Most cryptographers agree quantum computers today are not powerful enough to crack Bitcoin’s cryptography. That assessment is widely reported by analysts who follow both fields. Metaculus’s median date for when quantum computers will break modern cryptography is 2040:https://t.co/Li8ni8A9Ox Seemingly about a 20% chance it will be before end of 2030. — vitalik.eth (@VitalikButerin) August 27, 2025 Still, the timeline is debated. Based on reports from researchers and public comments from industry figures like Vitalik Buterin, there is a measurable chance — about ~20% — that a machine capable of breaking today’s crypto could exist by 2030. That estimate has prompted calls for proactive steps. Related Reading: Trump-Linked World Liberty Backs USD1 With Treasury-Fueled Expansion Calls For Preparedness Grow Financial institutions and national programs, the reports say, are investing heavily in quantum work, and tools like AI are accelerating research in the field. As a result, many in the crypto world argue contingency plans should be ready well before any practical threat appears. Suggestions include moving to quantum-resistant signature schemes and improving wallet practices so funds are not left exposed while upgrades take place. Some experts point out that banks and other big targets may face attacks earlier, which could give the crypto sector time to respond. Featured image from Shutterstock, chart from TradingView
BTC rose to $88,000 after the Bank of Japan raised interest rates. The increase, seen as a potential risk-off trigger, failed to spark a flight into the yen.
US institutional selling pressures Bitcoin, limiting upside momentum and signaling potential market caution and capital outflows.
The post Coinbase Premium Gap drops to -$57, signaling heavy US selling appeared first on Crypto Briefing.
Something important is happening in India’s crypto market, and it’s not coming from retail traders chasing short-term moves. In 2025, institutional crypto investment in India is rising fast. Across major Indian exchanges including CoinDCX, CoinSwitch, ZebPay, and Mudrex, institutional participation has grown 30–50% year-on-year, now making up a meaningful share of total trading volumes. That …
Fidelity’s director of macro is predicting a Bitcoin bottom near $65,000 in 2026, but remains a “secular bull” despite predicting an end to the current four-year cycle.
Contrary to popular belief, quantum computers will not “crack” Bitcoin encryption; instead, any realistic threat would focus on exploiting digital signatures tied to exposed public keys. Quantum computers cannot decrypt Bitcoin because it stores no encrypted secrets on-chain. Ownership is enforced by digital signatures and hash-based commitments, not ciphertext. The quantum risk that matters is […]
The post Bitcoin encryption isn’t at risk from quantum computers for one simple reason: it doesn’t actually exist appeared first on CryptoSlate.
The deal is less about chasing returns and more about access to familiar market structures, regulated intermediaries and predictable settlement.
While Bitcoin and most altcoins are still testing key levels, Zcash has already delivered one of the strongest rallies of the year. But according to Real Vision CEO Raoul Pal, this explosive move may not signal the start of a lasting bull run. Instead, he believes Zcash’s surge looks more like capital rotating into niche …
Cardano founder Charles Hoskinson has openly criticized President Donald Trump’s involvement in cryptocurrency, saying it created confusion, fear, and political damage for the industry at a critical time. While many crypto leaders stayed silent, Hoskinson says most are afraid to speak openly. Hoskinson Slams Trump’s Crypto Moves In a recent interview, Hoskinson described Trump’s crypto …
Terraform Labs sued Jump Trading and senior executives for $4 billion, alleging the firm manipulated Terra’s ecosystem and unlawfully profited from the crash, the WSJ reported.
Bybit is relaunching in the UK with a stripped‑back spot and P2P platform, reopening a market it exited after the Financial Conduct Authority’s (FCA) 2023 crackdown.
The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.
Fidelity’s global macro director, Jurien Timmer, has called the end of the latest bitcoin bull run, while highlighting gold’s continued bull market strength.
Bitcoin’s options market has a new obsession: Christmas week. In a post Thursday, energy-sector managing partner David Eng argued the next eight days (December 19 through December 26) could define the near-term cycle for BTC, not because of a macro headline or some sudden ETF stampede, but because a large chunk of dealer gamma exposure is scheduled to roll off the board in two shots. At press time, bitcoin traded around $86,928, after swinging between roughly $84,461 and $89,230 intraday. Eng’s framing is blunt and very “options people”: the market is being mechanically pinned, and the pin has an expiry date The Hidden Force Holding Back Bitcoin Price? “The narrative isn’t just about tomorrow. We are staring down the barrel of a ‘Double-Barreled’ Liquidity Event that will wipe 67% of the entire derivatives board clean by December 26th,” Eng wrote. “Bitcoin is trading at $88,752, deep in the -25% Value Zone (Trend Value: $118k). The spring is coiled, but two massive structural weights are holding the lid down.” Related Reading: Bitcoin & Ethereum Diverge: Longs Dominate BTC, While ETH Shorts Rise Those “weights,” in his telling, are two expiries with meaningful gamma attached: roughly $128 million tied to Dec. 19 (21% of the total he tracks) and another $287 million at Dec. 26, which he calls the “boss level” ceiling. He labels the combined $415 million a coming “Gamma Flush,” arguing that once it clears, the hedging drag that’s been compressing spot price action should ease. The practical point is less mystical than it sounds. If dealers are sitting on meaningful gamma around a tight cluster of strikes, their delta-hedging can dampen volatility and keep spot gravitating around certain levels until that exposure decays or expires — the kind of “why does this tape feel glued?” frustration traders know too well. Eng’s map is built around very specific lines in the sand: $85k–$90k as the “mud” zone where hedging pressure keeps snapping price back, and $90,616 as the flip level he’s watching around the Dec. 19 expiry. “Stage 1: The Spark (Tomorrow, Dec 19) — $128 Million in Gamma expires tomorrow (21% of total). This is the ‘Appetizer.’ It removes the immediate suppression pinning us below $90k,” he wrote. “Watch the $90,616 flip level. If we clear this, the intraday shackles fall off.” But Eng is clearly more focused on the week after. “Stage 2: The Floodgate (Next Friday, Dec 26) — $287 Million in Gamma expires next week,” he continued. “A staggering 46.2% of all dealer gamma exposure sits on this single date… Dealers have a quarter-billion-dollar incentive to keep volatility crushed and price pinned near $85k-$90k through Christmas to harvest this premium.” Related Reading: Bitcoin Washout Points To $180,000 In 90 Days, GMI Says The claim, basically: pre-Dec. 26 is “thick mud,” post-Dec. 26 is the tape suddenly breathing again. “When you combine these two dates, $415,000,000 of gamma — two-thirds of the entire market structure — evaporates in the next 8 days,” Eng wrote. “Before Dec 26: The market is fighting through thick mud… After Dec 26: The mud dries up. The suppression mechanism is gone. The Power Law gravity ($118k) takes over without the dealer counter-flow.” He also tossed out a provocative ratio that’s been circulating in derivatives circles all year: dealer mechanics versus ETF demand. “Dealer Gamma forces are currently ~13x stronger than ETF Flows,” he wrote. “Dealer ~$507.6M, ETF ~$38M. This is why the market is obeying the technical gamma levels ($85k/$90k) and ignoring the ETF volume.” Dealer Gamma forces are currently ~13x stronger than ETF Flows Dealer ~$507.6M ETF ~$38M This is why the market is obeying the technical gamma levels ($85k/$90k) and ignoring the ETF volume. — David ???????? (@david_eng_mba) December 18, 2025 And when critics in the replies questioned whether “$287M” is even meaningful, Eng clarified what the figure is — and what it isn’t. “The $287M figure refers to dealer gamma exposure (GEX), not total options size,” he wrote. “GEX measures how much spot Bitcoin dealers may need to buy or sell to stay delta-neutral as price moves. It reflects hedging pressure, not notional value.” So the tradeable implication of Eng’s thesis is straightforward: expect the pinning games into Christmas, then watch whether a post-expiry regime shift actually shows up in realized volatility — and in price’s ability to stop bouncing off the same levels like it’s hitting invisible glass. At press time, Bitcoin traded at $87,953. Featured image created with DALL.E, chart from TradingView.com