Cryptocurrency and blockchain did not receive a mention in Donald Trump’s national security priorities, despite the president’s desire for the US to become a hub for crypto.
Buterin proposed a system akin to prediction markets for gas fees, to provide Ethereum users with a means to hedge against future network fee volatility.
Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $91,650 zone. Bitcoin Price Faces Resistance Bitcoin price managed to stay above the $90,500 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,500 levels. There was a clear move above the $93,000 resistance. A high was formed at $94,050 and the price recently corrected some gains. There was a drop below the 50% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high. However, the bulls were active near the $87,800 support and the 61.8% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high. The price is again rising above $90,000. There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,650 level. The first key resistance is near the $92,000 level. The next resistance could be $93,000. A close above the $93,000 resistance might send the price further higher. In the stated case, the price could rise and test the $95,000 resistance. Any more gains might send the price toward the $95,500 level. The next barrier for the bulls could be $96,200 and $96,450. Another Decline In BTC? If Bitcoin fails to rise above the $91,650 resistance zone, it could start another decline. Immediate support is near the $90,000 level. The first major support is near the $89,500 level. The next support is now near the $87,800 zone. Any more losses might send the price toward the $87,250 support in the near term. The main support sits at $86,500, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $90,000, followed by $89,500. Major Resistance Levels – $91,650 and $92,000.
ZKsync plans to consolidate its focus on systems built with the ZK Stack, Prividiums, and the broader ZKsync network after sunsetting ZKsync Lite.
With a court order, Canada's tax service obtained data on 2,500 Dapper Labs users, though the CRA originally asked for data on 18,000 people.
Accessibility isn’t the only factor shaping a wave of tokenized assets, according to Securitize co-founder and CEO Carlos Domingo.
Bittensor’s first token halving is scheduled for Dec. 14, reducing TAO issuance by half as the AI-focused network adopts a Bitcoin-style fixed supply model.
Privacy-focused Ethereum L2 Aztec's token sale was the first public test of the Continuous Clearing Auction mechanism developed jointly with Uniswap Labs.
When European police staged another coordinated sweep against crypto mixers this autumn, most people saw a familiar headline and scrolled on. But every seizure, every frozen server rack, every compressed hard drive pushed into an evidence van has the potential to change how Bitcoin actually moves. Mixers (tools that allow users to break the traceable […]
The post Bitcoin wallets interacting with this specific protocol are now flagged for “high-risk” seizures by compliance algorithms appeared first on CryptoSlate.
Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than Bitcoin, which is largely interpreted as a bullish signal for altcoin enthusiasts. In the last week alone, the prominent altcoin reported a slight market gain of 0.86% compared to Bitcoin’s loss of 1.95%. When Ethereum outperforms Bitcoin, it encourages increased altcoin activity, as investor confidence spreads beyond the market leader into the broader crypto ecosystem. However, a full altcoin market takeover only comes into effect after the following technical developments. Firstly, de Poppe explains that Bitcoin, as the market leader, must achieve a breakthrough above $92,000 resistance, potentially testing the $100,000 mark, to signal renewed market strength. Additionally, the analyst states the ETH/BTC ratio must stay above its 20-day moving average (MA), indicating Ethereum’s continued dominance and further encouraging altcoin accumulation. Together, these signals could set the technical bedrock for a significant altcoin rally. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Macro Factors Could Amplify Altcoin Gains Beyond crypto-specific indicators, de Poppe also touches on broader financial market plays that could initiate the next altcoin move. The analyst suggests that a 5-10% correction in gold prices, coupled with a peak in silver, could encourage capital to flow into riskier assets like cryptocurrencies including cryptocurrencies. Meanwhile, a strong upward movement in the Nasdaq would indicate increased investor risk appetite, a development that often translates into heightened activity in the crypto markets. When combined with positive momentum in Bitcoin and Ethereum, these macro signals could create an environment ripe for a substantial altcoin rally. According to de Poppe, the fulfillment of these conditions indicates that altcoins could achieve market gains of 200%-300% in the present market cycle. Related Reading: Ethereum Shows Signs Of Accumulation As CVD Strengthens And Correlation Stays Elevated Market Overview At the time of writing, the total cryptocurrency market is valued at $3.04 trillion, following a significant 15.5% decline over the past month. Meanwhile, the altcoin market cap stands at $1.26 trillion, accounting for 41.44% of all circulating digital assets. In tandem, data from CoinMarketCap shows the altseason index at 20/100, as Bitcoin still maintains a dominant grip on overall market performance, with a 58.6% dominance. In short, the conditions for a full-scale altcoin breakout have yet to materialize, but the key indicators highlighted above suggest that scenario may be approaching if momentum shifts decisively toward risk assets. Featured image from Kriptomart, chart from Tradingview
Myriad's prediction market ecosystem enables you to make predictions using USDC. Here’s how to get set up and start using it.
The asset manager’s EPXC fund tokenizes a cash-secured put-writing strategy, signaling deeper integration between traditional market products and blockchain.
The number didn’t look dramatic at first glance ($13.5 billion in overnight repos on Dec. 1), but for anyone who watches the Federal Reserve’s plumbing, it was a noticeable spike. These operations rarely break into headlines, yet they drive the liquidity currents that shape everything from bond spreads to equity appetite to the way Bitcoin […]
The post A sudden $13.5 billion Fed liquidity injection exposes a crack in the dollar that Bitcoin was built for appeared first on CryptoSlate.
Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year.
Bitcoin saw snap downside toward the weekly close with $87,000 back on the radar ahead of an important Federal Reserve interest-rate decision.
The U.S. president's latest national security strategy focused on AI, biotech, and quantum computing.
For those of us who want to use crypto to make the world better, we need to start calling out this behavior for what it is: short-sighted, selfish, unwelcome greed, says VeChain co-founder Sunny Lu.
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
Bitcoin Cash has outpaced every major L1 in 2025, boosted by clean supply dynamics and renewed investor demand.
Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Related Reading: Here’s Why Bitcoin Volatility Sparks Fresh Attention On MicroStrategy Binance Records $40B Loss In BTC Monthly Spot Trading The spot trading volume refers to the total amount of Bitcoin that is bought and sold for immediate delivery on exchanges within a specific time period. It is a key market indicator used to gauge participation, liquidity, and investor interest. According to Darkfost in an X post on December 6, the Bitcoin market, in November, experienced a major fall in spot trading volume across major crypto exchanges. This development has been attributed to the asset’s price struggles, wherein it recorded a 17.5% devaluation during this period. On Binance, which accounts for more than half of all Bitcoin spot trading activity, spot volume fell from $198 billion in October to $156 billion in November, representing a 21% decline. The downturn was mirrored across other major exchanges, with ByBit posting a 13.5% drop, Gate.io sliding 33%, and OKX down 18%. Interestingly, Darkfost explains that Bitcoin’s recent price action, the major negative catalyst, pales in comparison to previous corrections. However, another red reading in December could initiate a market deterioration marked by conditions such as continued selling pressure, low market confidence, and, importantly, further drops in spot activity. A continuous decline in spot trading volume primarily mirrors a lack of market interest and is accompanied by other concerning factors, such as a weaker demand, high vulnerability to price swings, and limited support for rallies as investors prefer to sit on the sidelines. This dynamic, in turn, weighs on price growth, creating a self-reinforcing bearish loop. Related Reading: The $13.5 Billion Liquidity Injection That Could Send Bitcoin And Crypto Prices Flying Spot Trading Volume Peak Sees Consistent Regression In related news, Darkfost also reports that the present market cycle has featured a consistent decline in spot trading volume peaks. Notably, the chart above shows a market high of $333.57 billion on Binance in March 2024, followed by the lower peak of $246.04 billion in November 2024, and then just $198.6 billion last October. This trend becomes even more concerning when looking at the spot-to-futures volume ratio, which currently sits at 0.23, meaning futures activity now accounts for more than 75% of overall trading. In essence, while the Bitcoin market remains active, investor enthusiasm on the spot side is fading. By contrast, traders appear increasingly willing to speculate in the futures market, likely driven by elevated uncertainty and short-term volatility. At press time, Bitcoin trades at $89,300, reflecting a 0.21% loss in the past day. Featured image from Pexels, chart from Tradingview
BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC directly inside its banking apps.
Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024 In a December 6 post on the X platform, CryptoOnchain hypothesized that a local bottom appears to be forming for the price of Bitcoin. According to the market pundit, the selling pressure, especially amongst long-term holders, seems to be fading off at the moment. Related Reading: Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000 This market observation centers on the Spent Output Profit Ratio (SOPR) metric, which evaluates the profitability ratio of spent outputs for both long-term and short-term holders. This on-chain indicator evaluates whether market participants are selling their assets at a profit or at a loss. Typically, when the Bitcoin Spent Output Profit Ratio has a value greater than 1, it indicates that the investors are selling at a profit. On the flip side, an SOPR value less than 1 implies that the market participants are offloading their coins while in the red. According to CryptoOnchain, the Bitcoin SOPR has now fallen to 1.35, its lowest level since early 2024. The market analyst noted that this metric’s latest movement suggests a complete reset in market profitability, especially as the price of BTC slid beneath the $90,000 mark. Furthermore, CryptoOnchain highlighted that the heavy profit-taking phase by long-term holders appears to be coming to an end, as exhaustion and fatigue increasingly spread among the bears. From a historical perspective, the SOPR metric falling to this low signals a local bottom is forming for the BTC price, especially as the market cools down. Ultimately, CryptoOnchain revealed that a price rebound at this point could set the stage for Bitcoin’s next healthy upward rally. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $89,500, reflecting no significant changes in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is down by nearly 2% in the last seven days. Related Reading: Bitcoin Bull Run Set To Last Until 2027, Analysts Highlight Influential Factors With the price of Bitcoin down year-to-date and from its all-time high of $126,080 by roughly 5% and 30%, respectively, the market leader looks set to end 2025 in the red—barring a sudden change in market momentum. Featured image from iStock, chart from TradingView
The UK doesn’t pass many one-clause statutes that redraw the map of personal property, but that’s exactly what arrived with Royal Assent on Dec.2. After years of academic papers, Law Commission consultations, and scattered High Court judgments trying to make old categories fit modern assets, Parliament finally said that digital and electronic assets can exist […]
The post Crypto officially becomes a “third category” of property, fixing the fatal flaw in digital asset ownership. appeared first on CryptoSlate.
South Korea plans to hold crypto exchanges to the same no-fault compensation standards as banks after an Upbit hack exposed major gaps in consumer protection.
Bitcoin fell sharply on Friday, slipping below $90,000 after a wave of leveraged liquidations hit the market. Selling pressure increased as Bitcoin once again failed to break above a key resistance zone between $92,000 and $94,000, a level it has tested several times this week before pulling back. Liquidations Add to Volatility More than $200 …
Ether exchange balances dropped to a decade low of 8.7% as more ETH moved into staking and custody, setting up a potential supply squeeze.
OSL Hong Kong, a regulated digital asset exchange, has listed XRP on its platform, expanding the number of tokens available to professional investors under Hong Kong’s current licensing framework. The exchange said deposits and withdrawals for the asset are open, with trading accessible through its Flash Trade and OTC channels. According to OSL, XRP can …
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales. $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant platform, GugaOnChain shared that the Bitcoin market has been in a capitulation phase in recent days. This on-chain observation revolves around the Bitcoin Realized Profit and Loss ($) metric. For context, this metric tracks the actual profits (in US dollars) and losses investors realize—or lock in—whenever they offload their Bitcoin holdings to exchanges. Related Reading: Massive Bitcoin Awakening: 2 Physical Coins Unlock $179 Million After 13 Years GugaOnChain highlighted that about $1.705 billion worth of BTC has been realized in losses by market participants. On the other hand, a relatively smaller amount, totaling approximately $605 million, was reportedly realized in gains. Source: CryptoOnchainThis disproportionate distribution in losses, as against the profits acquired, puts the Loss/Gain ratio at a 2.82 reading. This means that, for every dollar made in profit, almost 3 dollars are lost. Looking at the bigger picture, the analyst pointed out that 74% of the total realized volume leans towards the red side of the market, leaving a mere 26% of the Bitcoin market in profits. When realized losses surge rapidly to overcome gains, it is often interpreted as a sign of capitulation. Historically, extreme capitulation events tend to set the pace either for price recovery or even deeper downside movement. These two possibilities, however, remain dependent on the integrity of available inflection points. Bulls Must Defend These Price Levels Or Risk Deeper Corrections Although the market odds currently seem stacked against the bulls, as the price takes on a bearish structure, the analyst also identified a few important zones that may determine Bitcoin’s next direction. GugaOnChain explained that, in the scenario where the bulls continue to bleed, the next price level presenting an opportunity of redemption lies around $71,450. This specific price level is critical, as it represents the realized price for investors who have acquired Bitcoin for about 12–18 months. Related Reading: Bitcoin Bull Season Hinges On Key $82,150 Level – Here’s Why Citing a more extreme scenario, the online pundit revealed that the next key support sits at $58,940. This zone is important as it is the realized price for investors whose coins are within the 18-month to 2-year age range. On the weekly timeframe, however, price zones around $80,000 and $74,000 appear significant enough for a short-term price recovery. A bullish reversal could take place if these price levels were to meet the present downturn with significant opposing strength. As of this writing, Bitcoin is valued at around $89,331, reflecting no significant movement in the past 24 hours. Featured image from iStock, chart from TradingView
The MiCA implementation has enhanced regulatory clarity, boosting euro stablecoin adoption and potentially stabilizing the crypto market.
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