News
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South Korea’s Stablecoin Legislation Hits Roadblock As FSC Misses December 10 Deadline
South Korea’s government has reportedly missed the deadline to submit its highly anticipated stablecoin legislation, risking a delay of the second phase of the country’s regulatory efforts to align with global standards and foster innovation. Related Reading: Chainlink and Mastercard Join Swapper Fi...Bitcoinist
Thu, Dec 11
Bitcoin Lacks Fresh Momentum As Realized Cap Growth Still Declining
On-chain data shows the Bitcoin Realized Cap Growth indicator has continued to decline recently, a sign new capital inflows lack momentum. Bitcoin Realized Cap Growth Has Been Heading Down Recently As explained by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Realized Cap Gr...NewsBTC
Thu, Dec 11
Bitcoin dips below $90,000 as AI worries dent risk appetite
Bitcoin briefly falls below $90,000 markEther down more than 4%Concerns about AI profits hit risk sentiment By Gregor Stuart Hunter SINGAPORE, Dec 11 (Reuters) - Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh c...Reuters
Thu, Dec 11
PRESS DIGEST -Wall Street Journal - December 11
Dec 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Crypto platform Gemini GEMI.O, which was founded by billionaire twins Tyler and Cameron Winklevoss, said it had received a license from...Reuters
Thu, Dec 11
Solana Price Forecast: SOL dips as hawkish Fed cuts dampen market sentiment
Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum.
Fxstreet
Thu, Dec 11
Dogecoin (DOGE) Slips Back Into the Red—Is Momentum Breaking Down?
Dogecoin started a fresh decline below the $0.1450 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE price started a fresh decline below the $0.1450 level. The price is trading below the $0.140 level and the 100-hourly simple moving average. There...NewsBTC
Thu, Dec 11
Bybit signals regulated institutional future with new licensing milestone
In this post: Bybit announced its strategic roadmap at the Bybit Institutional Gala event in Dubai, showcasing several advancements in regulation, institutional credit infrastructure, and execution technology. Ben Zhou, Bybit Co-founder and CEO, delivered a keynote speech at the event, confirming that Bybit has received full authorization under the UAE’s VAPO framework. According to Zhou, the […]Cryptopolitan
Thu, Dec 11
American Federation Of Teachers Opposes Crypto Market Structure Bill In New Letter
The American Federation of Teachers (AFT) has formally added its voice to the growing opposition against the proposed crypto market structure bill, urging the Senate Banking Committee to reconsider the legislation. In a letter obtained by CNBC, AFT President Randi Weingarten described the bill as “a...Bitcoinist
Thu, Dec 11
Strategy Calls For Withdrawal Of MSCI’s Exclusion Plan For Digital Asset Treasury Companies
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes. Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Sa...NewsBTC
Thu, Dec 11
XRP Price Under Pressure—Can It Survive This Support Test?
XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.040 zone. The price is now trading below $2.020 and the 100-hourly Simple Moving Average. There is a bearish trend line forming ...NewsBTC
Thu, Dec 11
Cardano Price Forecast: ADA flips bearish as derivatives markets flout network growth
Cardano (ADA) extends losses by 5% at press time on Thursday, following the 3% decline on the previous day and breaking the local resistance trendline. Derivatives data indicate a bearish shift in the narrative, as Open Interest and the number of active long positions decline.
Fxstreet
Thu, Dec 11
Blue Origin and SpaceX compete for space AI
Jeff Bezos’ aerospace company is now a direct competitor of Elon Musk’s SpaceX after announcing that it’s creating the technology necessary to launch data centers in space. Blue Origin has been working on the technology to launch data centers in space for more than a year, meanwhile SpaceX wants to upgrade its satellites to handle […]Cryptopolitan
Thu, Dec 11
Shiba Inu Declared ‘Dead’—Unless This Game-Changer Arrives, Expert Says
A noted Bitcoin adviser has warned that Shiba Inu faces an uphill climb unless it retakes a prior support band, a call that has stirred debate across crypto social channels. Related Reading: Institutions Scoop Up 9,000 Ether, Fueling Bullish Signals According to posts by BingX Bitcoin adviser Nebras...NewsBTC
Thu, Dec 11
Public Asset Manager Strive Launches $500M Plan To Load Up On Bitcoin
Strive, the bitcoin-focused issuer backed by Vivek Ramaswamy, launched an at-the-market plan to sell up to $500 million of its Variable Rate Series A Perpetual Preferred Stock. Related Reading: Bitcoin Meets Shari’ah Finance As UAE Bank Leads The Way Reports have disclosed the offering was filed on ...Bitcoinist
Thu, Dec 11
Ethereum Price Retreats From Resistance—Is a Trend Reversal Starting?
Ethereum price started a fresh increase above $3,350. ETH is now correcting gains from $3,450 and might decline further below $3,200. Ethereum started a downside correction from the $3,450 zone. The price is trading near $3,200 and the 100-hourly Simple Moving Average. There was a break below a bull...NewsBTC
Thu, Dec 11
Top Crypto Gainers: Terra surges 40% as MemeCore, XDC Network holds gains
Terra (LUNA), MemeCore (M), and XDC Network (XDC) emerge as top performers over the last 24 hours. LUNA leads the rally with 40% gains while MemeCore and XDC hold steady on Thursday after 6% and 3% rise, respectively, on the previous day.Fxstreet
Thu, Dec 11
Solana Enters Bear Territory: Realized Loss Now Outweighs Profit
On-chain data shows the Solana Realized Profit/Loss Ratio has dipped into the loss-taking zone recently, a sign that SOL liquidity has thinned. Solana Liquidity Back At Levels Associated With Bear Markets According to data from on-chain analytics firm Glassnode, Solana liquidity has recently contrac...NewsBTC
Thu, Dec 11
