Fanatics Markets' launch could mainstream prediction markets, enhancing fan engagement and potentially reshaping sports and cultural interactions.
The post Fanatics unveils prediction market platform Fanatics Markets with Crypto.com partnership appeared first on Crypto Briefing.
Bitcoin is approaching a critical tipping point as two powerful bullish patterns, the Cup & Handle and the Inverse Head and Shoulders, align to signal a potential breakout storm. With momentum building and key resistance levels now within reach, the market is bracing for what could be a major explosive move. BTC Climbs Above 93,160 As Cup & Handle Targets 104,000 Charting BTC on the 4-hour timeframe, analyst Kamile Uray revealed that the price is currently moving above the $93,160 level. Uray is closely monitoring the price, as a successful close above this level would confirm the breakout of a recently formed cup and handle pattern. According to this classic pattern, a confirmed breakout targets the $104,000 level. Related Reading: Bitcoin Rallies Into Resistance With Traders Watching for Breakout Confirmation If BTC reaches the $104,000 target without forming a wicking reversal, it would also decisively break the falling blue trendline. Breaking both this trendline and the pattern target would provide strong evidence for the continuation of the overall uptrend. The analyst highlighted that the next major resistances are located at the $98,200 and $107,500 levels. A break above $107,500 and the falling blue trend on the daily chart will serve as the ultimate sign that the long-term uptrend is fully resumed. Uray suggests that retests after the breakout of the pink box ( the handle resistance area) can be evaluated as potential trade entries. The mandatory stop-loss for these trades should be placed at a daily close below the pink box, maintaining strict risk management. Conversely, should the price fail to hold the pink box, the immediate support zone to watch is the $83,822 – $82,477 region below. A bearish scenario is confirmed by a daily close below $82,477, signaling a continuation of the downtrend. In this case, the market would likely seek the next support zone at $74,496 – $71,237, which represents the previous top broken in November 2024. If this zone holds, a major uptrend reversal could be expected again. IH&S Pattern Confirms Reversal Momentum According to a recent update by Crypto VIP Signal, Bitcoin’s recent price action has confirmed a significant bullish reversal. The asset has successfully surpassed the $87,500 mark and has also broken through the key level of $90,000. This upward movement confirms that the Inverse Head and Shoulders (IH&S) pattern has acted as expected, triggering a strong trend reversal signal. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? The analyst noted that the current market structure appears strong because the price increase is being supported by healthy trading volume. With the reversal confirmed, Crypto VIP Signal noted that the next technical benchmark for the market is $95,000, and it will be interesting to see how the price behaves when it tests this resistance point. Featured image from Pngtree, chart from Tradingview.com
Kevin O’Leary pushed back on what many traders are betting on, saying he does not expect the US Federal Reserve to cut rates in December and that such a move would not rock Bitcoin’s price. Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst Says The well-known investor/entrepreneur said he is not investing as if the Fed will ease policy, and he thinks Bitcoin will likely drift within 5% of its current level. Fed Cut Odds Skyrocketing According to the CME FedWatch Tool, markets are now pricing in an 89% chance of a December rate cut, a big swing from just weeks earlier when odds were far lower. This shift in expectations has been a main driver of recent moves in risk assets, including crypto. LATEST ???? Kevin O’Leary just said a December Fed rate cut is unlikely because inflation is still too high! He also said “It’s not going to make a difference to Bitcoin.” Do you agree? ???? pic.twitter.com/lJBrW4Z2kA — That Martini Guy ₿ (@MartiniGuyYT) December 3, 2025 Bitcoin Reacts To Shift In Sentiment Based on reports from market trackers, Bitcoin climbed after a recent dip, recovering from a low near $83,000 to trade around $93,700 in early trading sessions. Coingecko listed the price roughly in the $92,700–$92,800 band during morning trade. Traders point to support at $90,000 and resistance near $92,500, and some desk notes say a clean break above that could open a run toward $94K–$95K. Why O’Leary Is Skeptical O’Leary has flagged higher prices in the economy and sticky input costs as reasons the Fed might hold off. Reports show US consumer prices rose at a 3% annual rate in September, the fastest since January, a datapoint he cited to argue inflation still matters. The inflation numbers are being watched closely by policymakers weighing the trade-off between jobs and prices. Liquidity Moves Add Fuel Reports have disclosed that the Fed quietly put more than $13 billion of liquidity into short-term funding, a move some analysts say has helped restore liquidity in money markets and supported risk assets. That liquidity boost, together with the pause in Quantitative Tightening, has been flagged by quant desks as one reason bullish momentum returned to crypto. Market Reaction O’Leary’s take is at odds with the market odds and with several analysts who see easier monetary policy as a tailwind for assets like Bitcoin. He is not alone in warning against reading too much into a single Fed decision, but many traders have already positioned for easing and that positioning has moved prices. Related Reading: Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer What Traders Are Watching Now Traders say $90,000 is the key line for buyers, while $92,500 is the line sellers must yield for a higher move. A clean climb above $92,500 could point toward $94K and $95K, according to market desk notes. Liquidity flows and official Fed signals this week will likely determine whether those levels hold. Featured image from Unsplash, chart from TradingView
MrBeast's expansion into finance and telecom could disrupt traditional sectors, leveraging his vast audience to reshape consumer engagement.
The post MrBeast set to launch financial services and mobile phone businesses appeared first on Crypto Briefing.
This enforcement highlights the growing scrutiny on fintech platforms, emphasizing the need for clear regulatory compliance in digital wagering.
The post Connecticut targets Kalshi, Robinhood, and Crypto.com for offering illegal sports wagers appeared first on Crypto Briefing.
XRP is testing a key inflection zone above $2.00 as two independent frameworks from crypto analysts Dom (@traderview2) and Osemka (@Osemka8) converge on a potential reversal – with clearly defined levels at roughly $2.00, $2.22 and $2.50 marking the battlefield. XRP Price Consolidation Nears Its End On the higher-timeframe 2-day chart, Osemka frames the structure as a classic flat correction built on top of the 2021 high. “Here’s the range and levels to help you navigate it. We’re basing on top of 2021 high,” he writes, adding that “we’ve also never broken down after going sideways for this long, so I remain with my view of this being an accumulation range and a flat correction.” Related Reading: XRP Whale Wallets Collapse 20%, But Biggest Holders Hoard More Than Ever His chart shows XRP oscillating in a horizontal band whose floor aligns with the 2021 high, labeled as a “Reaccumulation” area. Price has repeatedly tagged this support and bounced, while midrange resistance in the low-to-mid $2 zone has capped multiple rallies. Above, a higher horizontal line marks the January spike, which Osemka treats as the cycle top. Internally, he maps an A–B–C corrective sequence. The B leg forms a dotted ascending channel, labeled as a 3-legged “abc” wave. “That dotted ascending range in the middle (3 legged abc wave in B) has me optimistic as that is a corrective move that is synonymous for a flat correction,” he explains. “Meaning the top was in January and this indeed is only a sideways correction.” The current C leg is contained within a downward “Corrective channel” pointing back toward the lower band. For Osemka, even a deeper test of support would not necessarily be bearish for the larger structure: “If we end up taking the lower end of the range with C leg it’ll remain to be seen. But if so, it’d be a great buying opportunity.” He also calls XRP “a perfect example on why I view BTC also as a flat correction with the top in January,” arguing that “while Bitcoin is messy, XRP is very clean.” Why Its Now Or Never For XRP Dom zooms in on the last six weeks of that broader range and focuses on the microstructure that could trigger a move back toward the upper band. “If you inverse the chart over the last 6 weeks, you’ll see a perfect 3 drive pattern, a very accurate reversal setup in crypto,” he writes. On the non-inverted chart, this corresponds to three downside pushes that fail to extend lower, followed by what he calls a higher low: “We can see a HL has finally formed which can hint at the first sign of a trend change developing.” His 8-hour chart highlights the monthly rolling VWAP as the key pivot. “Bulls needs to regain the monthly rVWAP around $2.22 and that would be the shift for a rally back towards ~$2.50,” Dom says. That ~$2.50 area aligns with higher VWAP clusters and the upper portion of Osemka’s range. Related Reading: XRP Price About $1,000 Is A Necessity, Analyst Claims Order-book and skew data back his view that conditions are ripe for a break if buyers step in. “Orderbooks are clear, if there was a time, it’s now for this trend to shift,” he notes, pointing to relatively clean liquidity overhead and a recovering skew after a washed-out short side. The downside is equally explicit: “If this setup fails, acceptance under $2 is next and the end of year is ugly.” That would mean a decisive loss of the long-defended support band built on the 2021 high and a deeper completion of the C leg in Osemka’s flat-correction structure. For now, XRP remains compressed between the $2.00 support, the $2.22 monthly rVWAP trigger and the ~$2.50 upside magnet, with the six-week 3-drive pattern and flat-correction range jointly defining one of the clearest technical inflection points on the XRP chart this year. At press time, XRP traded at $2.1798. Featured image created with DALL.E, chart from TradingView.com
The last two months have seen a major reset in the XRP open interest, coinciding with the widespread sell-offs that have rocked the market. Looking at past performances, historical data suggests that this open interest reset could be a major break for the altcoin. As prices begin to see some recovery, the reset could present the perfect opportunity for bulls to reclaim complete control of the XRP price and drive it toward higher levels. How Far Has The XRP Open Interest Crashed? To know the scale of this reset, it is important to look at the XRP open interest numbers over the last few months. Data from Coinglass shows that back in July, the XRP open interest hit a new all-time high of $10.9 billion as market participation surged to levels not seen before. Related Reading: When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market? Coincidentally, this rise to new all-time highs coincided with the XRP open interest coming out of another period of reset, eventually leading the XRP price to reach new seven-year peaks. However, it wasn’t long until the bears came knocking once again, and the open interest tumbled as the price fell. For perspective, the open interest is the total of all XRP futures or option contracts. Effectively, this is a reflection of participation and the number of bets that traders are making on the cryptocurrency. Thus, the higher the open interest, the higher the amount of money invested in XRP derivatives, and vice versa. Presently, the open interest is sitting at a low $3.75 billion, representing an over 65% crash from its $10.94 billion peak. But this crash could be the reset that the altcoin needs for another recovery, especially as liquidity begins to flow back into the market on account of the US Federal Reserve putting an end to quantitative tightening. Can The Price Surge To New All-Time Highs? Earlier in the year, when the XRP open interest had crashed from its January all-time highs, the reset ended up resulting in higher prices. Although the XRP price didn’t break its 2018 record, it came close in July. However, going by this trend, the altcoin could have a while longer to go before there is a surge. Related Reading: You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control? Following the crash in January, the XRP open interest had remained low for the next five months, with the price showing muted performance alongside it. With only two months since its last peak, the XRP open interest could trend low for a while longer before breaking out. However, if the trend holds, then the resulting rally would push the price above $3 once again. Featured image from Getty Images, chart from TradingView.com
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 […]
The post Secret footage from a rigged laptop exposes how North Korean spies are slipping past your security team appeared first on CryptoSlate.
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.
The post Hyperliquid’s HIP-3 market sees trading volume exceed $5 billion appeared first on Crypto Briefing.
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 […]
The post Strategy’s yield hunt inadvertently helps the very hedge funds looking to short its Bitcoin premium appeared first on CryptoSlate.
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.
The post BlackRock views rising US national debt as catalyst for crypto adoption appeared first on Crypto Briefing.
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