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Kalshi lost court protection in Nevada and now faces enforcement while it appeals, even as its business booms and valuation hits $11 billion.

Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines.

Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and other factors beyond Japan’s bond market stress.

#binance #etf #ripple #xrp #kraken #xrp price #upbit #xrp news #xrpusd #xrpusdt #vincent van code

A sudden drop in XRP balances across major crypto exchanges has led to speculations about how this might affect the cryptocurrency’s price action. The movement was highlighted by analyst Vincent Van Code, who explained that the transfers are not simply a sign of long-term holders scooping up supply.  Instead, he pointed to the expanding influence of newly launched Spot XRP ETFs, which are now absorbing a significant share of market activity that once took place on retail platforms. ETF Demand Is Pulling Liquidity Away From Exchanges Van Code noted that billions of XRP leaving Binance, Upbit, and Kraken are largely flowing into ETF custodial wallets. This changes the way the market reacts to buying and selling pressure because retail exchanges now operate with thinner liquidity. When daily trading volume on those platforms averaged around the multi-billion-dollar range, it required very large orders to create noticeable price movement.  Related Reading: Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch Now that volume has contracted, even moderate-sized trades can produce sharp intraday swings. The effect is a market environment that is fundamentally supported by ETF buying, yet increasingly sensitive to smaller sell-offs or sudden bids. Even as exchange liquidity drops, Van Code noted that high-frequency trading firms are preventing price dislocations. These groups have already mastered the arbitrage models used in Bitcoin and Ethereum ETFs, and they have now adapted the same systems for XRP.  Whenever the ETF price drifts above or below its underlying value, the bots immediately correct the gap, keeping both markets tightly aligned. This mechanism makes sure that XRP still gets purchased during ETF creation events and provides a layer of structural stability, even though retail charts may begin to show more frequent spikes and dips. What This Means For XRP’s Approach To New Price Highs In Van Code’s view, the long-term picture for XRP is strengthened by this shift, even though the short-term experience for traders may become more uncomfortable. When XRP enjoyed daily spot volumes in the range of $2 billion to $3 billion on exchanges, you would typically need more than $200 million in concentrated buying or selling to push the price 5% to 10% in either direction.  Related Reading: Analyst Predicts 10x Rally For XRP Price If This Trend Repeats Now that on-exchange volume has dropped toward levels below $1 billion a day, the equation looks very different. A sell order or resistance wall of around $15 million can now swing XRP by roughly 12% to 18% within a single hour in these thinner conditions. However, the saving grace is these arbitrage bots.  According to the analyst, XRP is still on track to reach $5. However, until the price adapts to reduced spot volume on exchanges, traders should be prepared for air pockets up to 20% in price, where relatively modest buy or sell flows can cause outsized moves. Featured image from Peakpx, chart from Tradingview.com

#business

Vanguard will open its platform to crypto ETFs and funds, offering more than 50 million clients access to Bitcoin, Ether, XRP, and Solana.
The post Vanguard will open trading access to crypto ETFs and funds starting tomorrow appeared first on Crypto Briefing.

#markets #news #strategy

Peter Schiff took a victory lap after the company Monday morning announced it had raised $1.44 billion via common stock sales as a reserve to pay preferred dividends for nearly two years.

The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain.

The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token.

#markets #policy #sec #regulation #legal #funds #xrp etf #litecoin etf #dogecoin etf

The first exchange-traded fund tracking Chainlink is set to begin trading on Tuesday on the New York Stock Exchange. 

#ethereum #ripple #adoption #stablecoins #xrp #xrpl #rlusd

Ripple’s RLUSD stablecoin is rapidly expanding on Ethereum rather than the company’s native XRP Ledger (XRPL). According to CryptoSlate data, RLUSD’s total circulating supply has surged to $1.26 billion within 12 months of its launch. Of this, roughly $1.03 billion, or 82% of the total supply, resides on Ethereum, while the $235 million balance is on […]
The post RLUSD supply hit $1.26B, and 82% of it now sits on Ethereum, not XRPL appeared first on CryptoSlate.

#markets

The "loudest" critics of the company are "manifestly unfamiliar" with how Strategy works, the investment bank wrote.

#tokenization #defi #solana #web3 #startups #decentralized infrastructure #companies #crypto ecosystems #layer 1s

Kalshi has tapped Solana to move its prediction markets onchain and enable permissionless monetization of its "global liquidity pool."

#ripple #xrp #xrpusd

XRP is entering December with a mix of unusual market signals, steady price action, and renewed bullish expectations from analysts and prediction platforms. Related Reading: $300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up Despite the general instability and uncertainty in the crypto market, traders continue to monitor XRP’s behavior above the $2.0 range as new data points shape sentiment. XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview One-Sided Liquidations Highlight Market Imbalance Liquidation data from CoinGlass recorded an unusual reading this week after XRP posted $0 in short liquidations during a one-hour window. All losses came from long positions, totaling about $128,000. Such a clean one-sided liquidation profile is rare in active derivatives markets and immediately stood out across the crypto sector. Other major assets, such as Bitcoin and Ethereum showed typical liquidation activity on both sides. For XRP, the imbalance suggested that leveraged traders were heavily positioned for upside, leaving long holders exposed even to small price movements. Despite this, XRP’s price has not been immune to the broader market downturn, which saw the total crypto market cap drop by more than 5%. XRP slipped toward the $2.04 area, but analysts note that the $2.00 zone remains a key support level. On the upside, $2.20 continues to act as the immediate resistance level to watch. Technical Outlook Points to a Potential December Breakout XRP ended November down more than 17%, mirroring a broad market decline that has seen Bitcoin fall to $86,700 and several altcoins record double-digit losses. This drop came despite positive developments, including strong early inflows into newly approved crypto ETFs and the growth of Ripple USD (RLUSD). On the charts, XRP continues to trade around the Murrey Math Lines pivot. Analysts highlight a bullish flag pattern forming on the eight-hour timeframe, which is typically a continuation structure that may trigger a breakout. A successful move higher could send the token toward $2.73, the next major resistance. Mixed Prediction Market Signals but Strong Community Confidence Prediction markets are split on XRP’s near-term prospects. Kalshi data shows a 69% probability that XRP will end the year with a positive return, reflecting strengthened sentiment after weeks of consolidation. In contrast, Polymarket assigns a 99% chance to XRP reclaiming the ATH by 2026. Related Reading: XRP Hit By Violent 59% Leverage Flush As Speculators Slam The Brakes Despite the divergence, the community outlook remains firm. Traders point to XRP’s steady range, rising ETF interest, and resilience during volatility as indicators of potential upside. As December unfolds, XRP’s narrow trading band and unusual liquidation patterns are setting the stage for this decisive month. Cover image from ChatGPT, XRPUSD chart from Tradingview

Though the US dominated the number of requests from agencies in individual countries, Coinbase reported a modest increase in the overall number outside the country.

#finance #tokenization #news #prediction markets #cnbc #kalshi

The prediction market is rolling out tokenized contracts on Solana to meet crypto traders where they already are, Kalshi told CNBC.

#law and order

A lawsuit filed by Coinbase shareholders accuses the company’s leadership of withholding key information for years while making billions selling inflated stock.

#polymarket #analysis #prediction markets #kalshi

If you open your brokerage this year and a “Markets” tab seems to be sprouting unfamiliar yes/no questions (“Will the Fed cut rates in March?”, “Will a major ETF get approved this quarter?”), you wouldn’t necessarily be hallucinating. The recent regulatory green-light for Polymarket via a cleared path under its newest acquisition of an exchange […]
The post Prediction markets are coming to your brokerage appeared first on CryptoSlate.

#ethereum #ethereum price #eth #ethusdt #ethereum news #ethereum analysis #ethereum whale #ethereum distribution #ethereum whale activity

Ethereum lost the critical $3,000 level on Sunday, sliding toward $2,800 and triggering a new wave of fear across the market. The drop highlights a deepening corrective phase that has pushed short-term investors into heavy unrealized losses, prompting many to reassess their risk exposure. Related Reading: Bitcoin Must Break Key Supply Clusters To Regain ATH Momentum – Watch These Levels Adding to the uncertainty, fresh on-chain data has revealed renewed distribution from major holders. According to data from Arkham, shared by Lookonchain, the well-known whale 0xdECF deposited another 5,000 ETH—roughly $15.05 million—into Binance. This move expands a pattern of consistent selling pressure from large wallets, often seen during heightened market stress. While one whale does not define the broader trend, these deposits usually reinforce bearish sentiment among traders who monitor exchange inflows as a proxy for potential sell-side liquidity. Whale Distribution Deepens Amid Broader Market Anxiety Since October 28, the same whale wallet has accelerated its selling activity, unloading 25,603 ETH—approximately $85.44 million—across Binance and Galaxy Digital. Despite this aggressive distribution, the wallet still holds 10,000 ETH valued at roughly $30.34 million, leaving open the possibility of continued sell pressure if market conditions weaken further. Large-scale movements like these often signal a shift in sentiment from sophisticated holders who tend to anticipate volatility earlier than the broader market. This selling spree comes at a moment when confidence is already fragile. The recent Tether FUD, fueled by speculation around reserve transparency and potential regulatory scrutiny, has added stress to liquidity conditions. Meanwhile, renewed headlines about a supposed China Bitcoin ban have resurfaced on social media, amplifying fear across both retail traders and short-term investors. Although neither narrative reflects new fundamental risks, emotional markets often react sharply to sensational news during corrective phases. Related Reading: Bitcoin STH Loss Transfers Fall 80% From Peak – What Comes Next? Together, these factors create a backdrop where whale distributions gain outsized influence. If the remaining 10,000 ETH enters exchanges, it could deepen short-term downside pressure. Conversely, a pause in selling may suggest that the whale views current levels as near-capitulation territory, offering a potential floor for stabilization. Ethereum Price Tests Support as Downtrend Remains Intact Ethereum’s 4-hour chart shows a market still struggling to regain momentum after losing the $3,000 handle. The broader structure remains decisively bearish, with price trading below the 50 SMA, 100 SMA, and 200 SMA—a clear indication that sellers continue to control the trend. Each attempt to recover above the moving averages has been rejected, reinforcing the downtrend that began in late October and has continued through November. The recent bounce from the $2,750–$2,800 support zone shows that buyers are defending this level, but the reaction lacks conviction. Volume remains muted, and the latest attempt to reclaim $3,000 quickly failed, forming another lower high. This signals hesitation and suggests that bulls are not yet strong enough to shift market structure. Related Reading: XRP Reserves On Binance Collapse To Record Lows: Investors Move Toward Long-Term Holding The compression seen toward the end of the chart formed a small symmetrical triangle, but the breakdown that followed confirms that sellers still dominate short-term momentum. As long as ETH remains below the 200 EMA—now near $3,350—the macro trend favors continuation to the downside. If $2,800 breaks cleanly, the next liquidity pockets sit around $2,600 and $2,450, levels that could attract stronger buyer interest. For now, Ethereum must reclaim $3,000 with sustained volume to neutralize bearish pressure. Featured image from ChatGPT, chart from TradingView.com

#ecosystem

Kalshi launches tokenized event contracts on Solana, enabling regulated, on-chain trading of event outcomes on the blockchain network.
The post Kalshi brings tokenized event contracts to Solana appeared first on Crypto Briefing.

#news #crypto news

President Donald Trump is likely to announce his new Federal Reserve Chair before the end of this week. Several sources, including Scott Bessent, Treasury Secretary, have confirmed that President Trump has already made the decision on the next Fed chair, and the announcement is likely to happen before this year’s Christmas. According to Walter Bloomberg, …

#ecosystem

Coinbase expands its Coinbase 50 Index with Hedera, Mantle, VeChain, Immutable, Sei, and Flare, noting their rising market relevance.
The post Coinbase adds six new tokens to its top 50 index appeared first on Crypto Briefing.

Ether futures overtake Bitcoin on CME as ETH volatility spikes, fueling debate over a potential Ether super-cycle amid a broader crypto market pullback.

Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for the bull market to end with a drop to $70,000 and below.

#price analysis #altcoins #ripple (xrp)

The cryptocurrency market ended the month on a bearish note, with the Bitcoin (BTC) price falling below $84,000 and the XRP price dropping to $1.98. Although both tokens have recovered to above $85,000 and $2, the prospect of a deeper correction continues to haunt the rally. With selling pressure soaring due to a nearly 180% …

#dogecoin #doge #doge price #doge news #dogecoin news #dogecoin price #dogeusd #dogeusdt #javon marks

A fresh analysis points to a developing bullish pattern that may set the stage for a massive surge in the Dogecoin price. The crypto analyst who shared this analysis argues that the current structure in DOGE’s trend suggests the early formation of a recovery move strong enough to trigger a 174% price rally. With momentum building and technical indicators aligning, this new setup could be the catalyst that pushes Dogecoin out of its downtrend.  Dogecoin Price Trend Signals 174% Rally Dogecoin is entering a phase that analysts say could be the beginning of a powerful bullish structure forming on the charts. According to crypto market expert Javon Marks, the popular meme coin is maintaining a series of signals pointing toward a major upside continuation phase. If confirmed, these developments could open the door to an explosive 174% rally in the weeks ahead. Related Reading: Can Dogecoin Price Still Reach $10 With The 3rd Wave Deadlock? Marks explained that Dogecoin’s price behavior is beginning to reflect a bullish trend that could accelerate rapidly. The chart shows that momentum indicators are displaying early signs of strength and recovery while key support levels have remained firmly intact. This combination is laying the foundation for a much bigger breakout, one that the analyst predicts could spark a rally well above 174%.  The analysis shows that the projected 174% rally is part of a broader recovery wave, with Dogecoin expected to reach $0.374 as its first target. Beyond that stage, a more ambitious goal sits near $0.6533, a level that lies more than 315% above DOGE’s current price of $0.136. Even more impressively, Marks has forecasted an explosive surge to $1.25, representing a staggering 820% increase in the meme coin’s price.  The accompanying chart shows Dogecoin forming a series of higher supports following a prolonged corrective period. According to Marks, this developing trend shows that the meme coin is maintaining strong bullish signals despite its volatile price action over the recent months. The chart also displays a clear break from its extended downtrend, followed by a sequence of impulsive waves that continue to hold above previous lows. Dogecoin Eyes Breakout Above Key Resistance Zone Sharing similar bullish sentiments, crypto analyst Sudelytic notes that Dogecoin is showing signs of a resurgence after a prolonged period of quiet activity. According to the expert, the meme coin is approaching a key resistance zone between $0.30 and $0.35, a price range that could determine its next move. Related Reading: What Happens If Dogecoin Moves Out Of This Massive Wyckoff Accumulation? If Dogecoin breaks above this zone with strength, Sudelytic predicts it could target new levels above $1.5. Despite its strong breakout potential, the analyst cautions that this resistance area is challenging to overcome. A failure to move past it could result in additional sideways action before any significant upward momentum returns.  Given the significance of this resistance, Sudelytic notes that Dogecoin’s price action is being closely monitored. He points out that the meme coin’s history of unexpected rallies is the key reason why he remains optimistic about its outlook.  Featured image from Pngtree chart from Tradingview.com

#ecosystem

Robinhood to unveil AI innovations and new prediction markets at its December event, expanding event contract and trading insights.
The post Robinhood to unveil AI innovations and prediction market features on December 16 appeared first on Crypto Briefing.

The acquisition expands Goldman’s defined-outcome ETF business and moves the bank deeper into crypto-linked investment products.

#markets #bitcoin #defi #policy #crypto #security #stablecoins #central banks #exploits #hacks #web3 #bitcoin etf #funds #protocols #ethereum etf #xrp etf #solana etf #equities #token projects #strategy #companies #crypto ecosystems #u.s. policymaking #finance firms #public equities #international policymaking #investment firms #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#federal reserve #policy #sec #congress #regulation #legal #treasury department #senate banking committee #fdic #house financial services committee #u.s. policymaking #senate agriculture committee

House Republicans criticized what they described as the Biden administration’s "coordinated attack" on digital assets.

#polymarket #analysis #prediction markets

The first thing many Ukrainians check in the morning is not Instagram or email, it is a war map. DeepStateMap.Live, a volunteer-built OSINT project, shows which villages are under occupation, where Ukrainian advances hold, and where the front looks fragile. It’s a survival tool as much as a news product, funded by donations and backed […]
The post Polymarket war bets collide with the maps civilians use to survive appeared first on CryptoSlate.