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Top Crypto Gainers: Zcash, MYX Finance, MemeCore extend gains as market recovers
Zcash (ZEC), MYX Finance (MYX), and MemeCore (M) lead the cryptocurrency market recovery with double-digit gains over the last 24 hours. The technical outlook for Zcash and MemeCore suggests upside potential, while the MYX Finance token remains trapped between converging moving averages.
Fxstreet
Fri, Dec 12
Ethereum Price Prepares for Upside Move—Is the Rally About to Return?
Ethereum price started a fresh increase above $3,150. ETH is now consolidating and might soon aim for a clear upside break above $3,350. Ethereum started a downside correction from the $3,450 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a new connecting ...
NewsBTC
Fri, Dec 12
Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops To 2017 Levels
Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story ...
NewsBTC
Fri, Dec 12
UAE Telecom Powerhouse Embraces Dirham Stablecoin In New Payment Trial
e& UAE, United Arab Emirates’ telecom giant, has signed a memorandum of understanding with Al Maryah Community Bank to trial AE Coin, a Central Bank-licensed stablecoin, as a payment option across the telco’s services. Related Reading: MSCI Criticized For Bitcoin Omission: “It’s Like Faulting Ch...
Bitcoinist
Fri, Dec 12
Bitcoin Price Holds Firm—Is a Fresh Bullish Wave About to Start?
Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish tre...
NewsBTC
Fri, Dec 12
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
CFTC withdraws old crypto rules to modernize market oversight
The CFTC has reversed its 2020 guidance that was centered on the 'actual delivery' of digital assets.
Cryptopolitan
Fri, Dec 12
Coinbase to launch prediction markets and tokenized stocks in December
Coinbase will launch prediction markets and tokenized stocks on December 17.
Cryptopolitan
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
Zcash gains 12% amid rising interest in ZEC treasury Cypherpunk Technologies
Zcash is leading the crypto market recovery in the early Asian session on Friday, following a 12% jump over the past 24 hours. The move has extended its weekly gain to nearly 25%.
Fxstreet
Fri, Dec 12
Pakistan names crypto as foundation for new national financial rail
A senior official in Pakistan stated that BTC and digital assets should create a new financial system for the country.
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
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