The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.
North Korean operatives were caught on camera, live, after security researchers lured them into a booby-trapped “developer laptop,” capturing how the Lazarus-linked crew tried to blend into a US crypto job pipeline using legitimate AI hiring tools and cloud services. The evolution in state-sponsored cybercrime was reportedly captured in real time by researchers at BCA […]
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Chainlink (LINK) is once again in the spotlight across the cryptosphere after the launch of the first U.S. Chainlink-focused ETF sparked a sharp price rebound and renewed institutional interest. LINK surged more than 20% in 24 hours, trading around $14.4 as volumes and market participation accelerated. Related Reading: Can the Fusaka Upgrade Renew Ethereum’s Momentum After Recent Price Hit? Chainlink ETF Launch Sparks Strong Market Reaction Grayscale launched the GLNK ETF on December 2, converting its previous private Chainlink trust into a publicly traded product on NYSE Arca. The ETF opened with zero fees and recorded more than 1.17 million shares traded on its first day, far above historical averages. Trading volume reached roughly $13.8 million, while early inflows were reported near $43 million, reflecting strong initial demand. The ETF gives institutions regulated exposure to LINK without requiring direct token custody. With access through major platforms such as Fidelity and Robinhood, Chainlink is receiving increased visibility among traditional investors. Grayscale currently holds about 1.3 million LINK tokens through the product. Derivatives data also shows rising interest, with LINK futures open interest climbing more than 20% and funding rates turning positive as traders add long positions. LINK's price gains some momentum on the daily chart. Source: LINKUSD on Tradingview Technical Signals Point Toward Breakout Potential Beyond ETF-driven momentum, the LINK chart is drawing attention from technical analysts. Several analysts have emphasized a rare four-year descending wedge pattern, typically associated with long-term compression before a breakout. LINK recently bounced from the $12.50 support level, forming higher lows and regaining key Fibonacci levels. Momentum indicators are turning positive as well. The daily RSI has recovered to around 53, while MACD signals improving strength. LINK is now approaching the $14.96 Supertrend level and remains below the 50-day and 200-day EMAs, both key levels the market is watching for confirmation of a trend shift. If the token holds above $13, analysts expect a possible move toward the $18–$20 resistance range. A break above these zones could open the path toward the higher targets mentioned by long-term analysts. Year-End Targets Strengthen as Market Sentiment Improves Crypto analyst Ali Martinez notes that LINK is currently sitting on an important long-term support trendline, which could act as a foundation for a move toward $26 and potentially $47 if momentum continues. Rising institutional inflows, accelerating derivatives activity, and a new spot ETF creating a steady channel for capital have strengthened market expectations. Related Reading: $93K And Climbing: Analysts Say Bitcoin’s Push To $100K Has Begun For now, traders are watching the $12–$13 support area for signs that LINK can sustain its recovery. A decisive move above $14.50–$15 would mark the next major step toward a full bullish breakout. Cover image from ChatGPT, LINKUSD chart from Tradingview
Consensys said Ethereum researchers are now looking to “roll out hard forks on an accelerated twice-a-year cadence."
At the center of the upgrade is PeerDAS, a system that lets validators check small slices of data rather than entire “blobs,” reducing both costs and computational load for validators and layer-2 networks.
Fin, founded by two former Citadel engineers, raised capital to launch a stablecoin app for cross-border payments as banks and fintechs expand into digital assets.
Cryptocurrencies show strength despite investors’ concerns about the AI industry and weak US labor and consumer data. Would an acceleration of money printing boost Bitcoin?
Crypto deals activity surged to record levels this year, even as the industry continued to face significant market turbulence and macroeconomic headwinds.
Sport clothing and collectibles giant Fanatics has launched Fanatics Markets, letting users trade outcomes of sports, politics and more — with crypto and IPO bets coming by 2026.
Like Polymarket and Kalshi, Fanatics Markets will let users trade contracts across sports, finance, economics, and politics.
At the DealBook Summit, BlackRock CEO Larry Fink acknowledged Bitcoin’s utility, as Coinbase’s Brian Armstrong said the exchange is running pilots with major US banks.
Hyperliquid HIP-3 market trading volume surpassed $5 billion as the platform expands custom perpetuals for synthetic assets and tech stocks.
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The oracle token outperformed most major cryptocurrencies as U.S. investors gained ETF access to LINK for the first time.
French startup Mistral releases a 4-model AI family, challenging DeepSeek with frontier performance and EU data sovereignty for enterprises wary of Chinese alternatives.
Ethereum (ETH) price has signaled a potential market reversal ahead. The large-cap altcoin, with a fully diluted valuation of about $377 billion, rallied 4% during the past 24 hours to trade above a crucial midterm supply level around $3,082. In the four-hour timeframe, the ETH/USD pair will have formed a potential higher low, after consistently …
the heldTron has emerged as one of the strongest performers during the latest market downturn, showing a level of resilience rarely seen among major altcoins. While most large-cap cryptocurrencies have suffered drawdowns of 40% or more since August, Tron has limited its losses to just 24%, outperforming nearly the entire altcoin sector. This relative strength highlights the network’s unique positioning and the steady demand it continues to attract despite broader market weakness. Related Reading: Bitcoin Liquidation Dominance Hits Multi-Year High: The Real Cause Behind BTC’s Breakdown A major factor behind this resilience is Tron’s growing dominance in the stablecoin ecosystem. According to data from Tronscan, shared by Lookonchain, Tether minted another 1 billion USDT on Tron, signaling continued confidence in the network’s ability to handle large-scale stablecoin issuance. This new mint has pushed Tron’s stablecoin market cap above $80.2 billion, solidifying its role as the leading chain for USDT circulation. As capital rotates defensively into stablecoins, Tron tends to benefit disproportionately. Its ability to maintain relative stability while the rest of the market capitulates reinforces the idea that Tron’s utility-driven demand remains intact—and may continue to offer support even if volatility persists. Tron Strengthens Its Position as the Second-Largest Stablecoin Network Tron has become a central pillar of the global stablecoin ecosystem, securing its position as the second-largest blockchain for stablecoin activity. Its appeal comes from fast settlement times, extremely low transaction fees, and deep liquidity—features that make it the preferred network for high-volume USDT transfers, especially across exchanges, OTC desks, and remittance corridors. This infrastructure has allowed Tron to attract massive stablecoin flows, with its total stablecoin market cap now exceeding $80.2 billion, largely driven by Tether’s continual issuance on the network. However, despite Tron’s remarkable growth, Ethereum still dominates the stablecoin landscape, maintaining a market cap of roughly $166 billion, which is nearly double that of Tron. Ethereum’s dominance is supported by its broader DeFi ecosystem, institutional presence, and the higher-value activity that takes place through smart contracts, lending protocols, and on-chain financial applications. Stablecoins on Ethereum often serve as liquidity for sophisticated trading and yield strategies, whereas on Tron, they are primarily used for settlement, payments, and exchange flows. The two ecosystems complement different market needs. Ethereum anchors the institutional and DeFi-driven segment of stablecoin usage, while Tron leads in high-throughput, cost-efficient transactions. As stablecoin demand grows globally, both networks continue to reinforce their positions. One through scalability and speed, the other through DeFi depth and capital concentration. Related Reading: Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates TRX Holds Strong Weekly Structure Despite Volatility Tron’s weekly chart shows a notable level of resilience compared to broader market conditions. While many altcoins have experienced far deeper drawdowns, TRX has held above the $0.27–$0.28 support zone. Maintaining a strong higher-timeframe structure. The recent correction pulled the price down from the $0.36 region, but TRX continues to trade comfortably above the 50-week SMA. Which now sits around $0.28 and acts as immediate dynamic support. This strength is significant. Throughout 2025, TRX has respected its rising moving averages. The 50-week SMA in particular has provided consistent support during each market pullback. The 100-week and 200-week SMAs, positioned well below the current price, show a broad, healthy long-term uptrend that remains intact. Related Reading: Massive Ethereum Distribution Continues: Whale Sends Another 5,000 ETH To Binance For Tron to regain bullish momentum, it must reclaim the $0.30–$0.32 region. Which served as support during the previous uptrend and now acts as resistance. A strong weekly close above this zone could open the door for a retest of the $0.34–$0.36 highs. Until then, TRX remains one of the market’s more stable performers, showing controlled downside and structural strength. Featured image from ChatGPT, chart from TradingView.com
Difficulty and network valuation models point to BTC hovering around fair value near $90,000.
XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance?
Strategy, formerly known as MicroStrategy, is considering a pivot that would fundamentally alter the risk profile of the world’s largest corporate Bitcoin treasury. For a decade, the company sold Wall Street on a singular thesis: it was a digital vault, offering unencumbered exposure to Bitcoin without the risks of custody or counterparty risk. That stand is changing […]
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In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.
BlackRock links rising US national debt to potential crypto adoption, citing fiscal risks as a catalyst for alternative assets.
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Distribution is designed to go to the ecosystem, With 30% to airdrops, 25% to growth initiatives, and 10% for liquidity and launch support.
The Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022. The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have shaped every major crypto cycle, and removing the multi-year drain on liquidity is expected to set the stage for healthier crypto market conditions and see the Bitcoin price push above $100,000 in the coming days. Policy Shift Meets A Market Still Searching For Direction The Fed has frozen its balance sheet at roughly $6.57 trillion after three years of balance-sheet reduction. Treasury runoff has stopped on December 1, though mortgage-backed securities will continue declining slowly. Related Reading: Finance Expert Says Bitcoin Price Growth Is In ‘Google 2017’ Phase, What This Means Ending QT means that the Fed is stepping away from the rapid balance-sheet reduction that tightened financial conditions throughout 2023 and 2024. The move comes after bank reserves fell to levels that threatened short-term funding stability, and the Fed made the move to halt any further liquidity drain. Crypto investors are expecting the end of QT to relieve some of the selling pressure that has contributed to the crypto industry in recent months. This is due to historical comparisons of how the industry played out in previous ends to QT. In 2019, when the Fed last ended QT, digital assets bottomed within weeks and then entered a strong recovery phase. That period represented a decisive low for altcoins and preceded Bitcoin’s rise from roughly $3,800 to $29,000 over the next year and a half. Interestingly, the entire crypto market’s short-term behavior is starting to show signs of bullishness. Particularly, the entire market is up by 7.2% in the past 24 hours, with Bitcoin leading the charge. However, cryptocurrencies are facing a different macro environment today, and the outlook is whether Bitcoin and other cryptocurrencies can go on another extended bullish rally in the coming months. Why Is Bitcoin’s Reaction Delayed? Ending QT is a meaningful turning point, but it does not automatically flood the system with fresh liquidity. Benjamin Cowen, founder of IntoTheCryptoverse, offers one of the clearest explanations for what to expect. Related Reading: Financial Strategist Debunks Prediction That Bitcoin Price Will Reach $220,000 In 45 Days He noted that in 2019, the Fed announced QT would end on August 1, but the balance sheet continued falling through mid-August because previously scheduled Treasury maturities had not yet settled. It wasn’t until early 2020 that Bitcoin started to experience explosive gains. According to Cowen, the same dynamic applies now. Therefore, the Federal Reserve’s balance sheet could continue edging lower for a few more weeks, meaning the first meaningful uptick in liquidity may not show up until early 2026. This delay suggests that traders hoping for an immediate boost or a quick return of Bitcoin above $100,000 are simply ahead of the cycle. The tightening phase has ended, but the actual recovery in liquidity has yet to begin. Featured image from Pngtree, chart from Tradingview.com
The highly anticipated Fusaka Upgrade for Ethereum is on the verge of going live on Wednesday, heralding significant enhancements to the network’s overall functionality. Analysts contend that this pivotal development could usher in a considerable supply crunch for ETH, potentially boosting its price during a challenging period for the broader cryptocurrency market. Layer 2 Solutions To Boost ETH Burn According to analysts at Bull Theory, the Fusaka Upgrade integrates components from previous upgrades—Osaka, Fulu, and PeerDAS—but its most impactful feature is its resolution of one of Ethereum’s biggest challenges. Layers 2 (L2) solutions have long utilized Ethereum’s security while contributing minimal fees back to the network. Despite L2 solutions like Base, Arbitrum, Optimism, and zkSync generating millions in fees from users, the fees recorded on Ethereum tended to diminish to nearly zero when they posted their data. Consequently, this meant that significant L2 activity did not result in substantial ETH being burned, even though approximately 85% of Ethereum transactions now occur on these Layer 2 solutions. Related Reading: Bitcoin Slump Claims New Victims: Leveraged ETFs Tied To Strategy Suffer Major Losses The Fusaka Upgrade fundamentally changes this dynamic. A key enhancement is EIP-7918, which mandates that Layer 2 transactions pay real fees to Ethereum. This adjustment ensures that every L2 transaction will contribute directly to the burning of ETH—something that was not previously guaranteed. The analysts assert that this feature represents one of the most significant value shifts since the introduction of EIP-1559. Post-Fusaka Projections The upgrade is further expected to broaden the scope of ETH burn from being predominantly derived from Layer 1 (L1) transactions to encompassing all L2 activity. Historically, most ETH burn has originated from mainnet transactions; thus, the network saw slight inflation in 2024–2025 as Layer 2s made transactions cheaper, leading to a decrease in ETH burn while staking continued to issue new ETH. Post-Fusaka, every L2 blob will incur a minimum cost, which will be burned. As Layer 2 adoption increases, the rate at which ETH is burned will also rise, contributing to increased scarcity of ETH. This enhancement positions Ethereum to shift back towards deflation for the first time in several years. Currently, ETH issues around 620,000 new tokens annually for stakers while burning approximately 350,000 tokens. This results in a net slight inflation. However, projections following the Fusaka Upgrade, even with conservative estimates, suggest that the additional burn from L2 activity could range from 200,000 to 400,000 ETH per year. Combined with existing burn rates, this could bring the total to over 600,000 ETH, leading to a net neutral or slightly deflationary state for ETH. More bullish models predict that if L2 adoption flourishes and demand for blobs rises, burn rates could soar to between 900,000 and 1.2 million ETH annually, resulting in a supply decrease of 200,000 to 300,000 ETH each year. Monetary Transformation For Ethereum? Another notable aspect of the Fusaka upgrade is PeerDAS, which enhances Layer 2 growth by reducing bandwidth requirements by 85%. This efficiency allows L2 solutions to publish more blobs at lower costs, resulting in increased fees and, consequently, more ETH burned. Related Reading: Analyst Says This Needs To Happen For The XRP Price To Rally Again The upgrade also increases the block gas limit from 36 million to 60 million, allowing more transactions to fit within each block. This increase means that more transactions can occur, leading to higher fees collected and a corresponding rise in burning. Furthermore, lower fees for transactions—such as swaps, bridges, on-chain gaming, and social applications—will likely drive more usage, resulting in increased transactions and higher ETH burn. Ultimately, the analysts believe that the Fusaka Upgrade represents a significant monetary transformation for Ethereum, indicating that the network is not only scaling but also beginning to monetize that scaling effectively. Featured image from DALL-E, chart from TradingView.com
CQ’s Julio Moreno told The Block that if the bear market continues, bitcoin could trade between $70,000 and $55,000 next year.
The SKR token, native to Solana mobile ecosystem, is designed to power control, economics, incentives, and ownership.
CEO Brian Armstrong said top banks are "leaning into this as an opportunity," signaling Wall Street’s quiet embrace of crypto infrastructure.
Yi He appointed co-CEO of Binance, focusing on innovation and expansion as she joins Richard Teng to lead global growth and inclusion.
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Fin launches stablecoin payments on Solana after $17M Series A, aiming for fast, cost-effective blockchain-based transactions.
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Armed with CFTC approval, Polymarket has launched its mobile platform for sports and proposition markets under federal oversight.