News
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Wall Street is going bullish on Baidu, Nvidia’s top chip competitor in China
Baidu is finally getting the kind of attention it’s been quietly waiting for, and Wall Street is suddenly piling in. Analysts at Goldman Sachs and Macquarie Securities both told the trading floor this week that Kunlunxin, Baidu’s chip unit, will unlock serious value if it goes public, advising investors to start considering it. Hong Kong-listed […]Cryptopolitan
Fri, Dec 12
Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds
As the start-of-week momentum slows, Dogecoin (DOGE) dropped 5.5% on the daily timeframe, falling to the recent lows once again. Some analysts have suggested that the cryptocurrency is setting the stage for a massive short-term and mid-term rally if the retests of current levels hold. Related Readin...NewsBTC
Fri, Dec 12
Ethereum Net Taker Volume Bottoms Rise: A Repeat Of The 2025 Pre-Rally Setup?
Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially sparked volatility across the crypto market. While many expected a stronger reaction from Ethereum, the asset instead slipped lower as traders reasses...Bitcoinist
Fri, Dec 12
PRESS DIGEST- Financial Times - December 12
Dec 12 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Lululemon shares jump after chief Calvin McDonald announces departure- Crypto founder Do Kwon sentenced to 15 years in prison- Disney t...Reuters
Fri, Dec 12
SpaceX $94M Bitcoin Move Triggers Questions About IPO Timing
SpaceX moved 1,021 Bitcoin worth about $94.48 million on December 10, according to on-chain alerts from blockchain trackers. The transfer was sent to wallets tied to Coinbase Prime, raising questions about whether the company is reshaping part of its treasury while attention grows around its potenti...Bitcoinist
Fri, Dec 12
This Whale Isn’t Stopping: $392M Ethereum Long And A Tight Liquidation Price Revealed
Ethereum has retraced to the $3,160 level following the highly anticipated FOMC meeting, where the Federal Reserve cut interest rates by 25 basis points. While rate cuts typically support risk assets, Jerome Powell’s comments added a new layer of uncertainty to the market. Related Reading: The Whale...NewsBTC
Fri, Dec 12
Ethereum (ETH) Consolidates at $3K While MUTM Surges 250%, Which Crypto Has the Better 2026 Outlook?
Ethereum is holding near the $3,000 range again, but its latest price action has left many investors questioning where the next real upside may come from. While ETH stabilizes under familiar resistance levels, a new altcoin priced at $0.035 has surged 250% and is moving through its final allocation window. With attention shifting toward early-stage […]Cryptopolitan
Fri, Dec 12
Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher
Dogecoin rose 4% to trade at $0.14 Thursday, according to market reports. Market capitalization was about $21 billion while 24-hour trading volume hovered near $1.6 billion. The move followed renewed on-chain activity that has drawn attention from traders and analysts. Related Reading: Institutions ...NewsBTC
Fri, Dec 12
Dogecoin Barely Blinks As Musk Confirms X Money Is Running Internally
Elon Musk has confirmed that X’s long-promised payments layer, X Money, is already running inside the company — but Dogecoin, his on-again-off-again favorite meme coin, has barely twitched. Replying to developer and X feature-watcher Nima Owji on December 10, Musk dropped a characteristically terse ...Bitcoinist
Fri, Dec 12
Do Kwon sentenced to 15 years in prison after $50B Terra collapse
Terraform Labs co-founder Do Kwon has received a 15-year federal prison sentence, concluding a case that stemmed from the collapse of the TerraUSD (UST) stablecoin. The collapse wiped out an estimated $50 billion in market value within three days and triggered a chain of events that reshaped the digital-asset sector. The sentence, issued by District […]Cryptopolitan
Thu, Dec 11
TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
Kwon sentenced to 15 years in prisonJudge rebukes Kwon for repeatedly lying to investorsKwon expected to face charges in South Korea By Jack Queen NEW YORK, Dec 11 (Reuters) - Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in...Reuters
Thu, Dec 11
Microsoft AI boss promises development halt if tech poses existential risk
Microsoft consumer artificial intelligence chief Mustafa Suleyman says he will stop development outright if advanced AI ever threatens human safety. Speaking on Bloomberg’s The Mishal Husain Show, Mustafa vowed that Microsoft’s focus is building super intelligence aligned with human interests, not chasing raw power at any cost. “We won’t continue to develop a system that […]Cryptopolitan
Thu, Dec 11
Rushi Manche returns with $100M fund after scandalous Movement Labs exit
Rushi Manche has made a return to the crypto industry with his new company, Nyx Group. Manche has pledged $100 million to support blockchain founders. Founders familiar with and trusted by the Nyx Group are the only individuals eligible for Rushi Manche’s $100 million support initiative. He indicated that additional information about the partners would […]Cryptopolitan
Thu, Dec 11
