Crypto

Bitcoin and altcoin rallies are being capped by heavy selling near the intraday range highs, leading some analysts to revise their end-of-year price estimates. What do technical charts say? Key points: Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels. Several major altcoins started a recovery, but the higher levels attracted solid selling pressure from the bears. Read more

The stablecoin will facilitate tokenized asset transactions and is expected to be linked to the Brazilian real.

The Robinhood CEO is predicting massive growth for crypto-based prediction markets as adoption accelerates.

Governor Gavin Newsom calls out Trump’s controversial crypto pardons, labeling CZ, Ulbricht, and others “criminal cronies” while raising concerns about financial crime and public accountability. The post California Governor Targets Trump’s Crypto Pardons: CZ, Ulbricht Branded ‘Criminal Cronies’ appeared first on Cryptonews.

Hyperliquid is learning how quickly sentiment can turn in crypto. According to CryptoSlate data, HYPE, the token that powers the decentralized perpetuals exchange, has dropped to seven-month lows in December after a year in which Hyperliquid looked like the default venue for on-chain leverage. During this period, the platform's trading volumes have stalled just as […] The post Hyperliquid is erasing $1 billion in token supply, but the market is still punishing the wrong metric appeared first on CryptoSlate.

One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.

Binance exited the United States in 2019, and a separate company, Binance.US, has been serving US customers since that time. Binance, the world’s largest cryptocurrency exchange by trading volume, is considering a strategic reshuffling to strengthen its presence in the US market, a move that could see Binance co-founder Changpeng “CZ” Zhao’s majority stake in the company reduced. Zhao’s controlling stake in Binance has been a “major hurdle” to the company expanding to strategically critical US states, according to Bloomberg, citing people familiar with the matter. Although no concrete plans have been announced, the conversation surrounding any potential action remains reportedly “fluid.”  The company is also considering partnerships with US-based companies, including asset manager BlackRock and decentralized finance (DeFi) platform World Liberty Financial (WLFI), which is linked to US President Donald Trump, to strengthen its footprint in the country. Read more

Pengu price is down almost 80% from its highs near $0.04 and nearly broke to a new multi-month low after news that the SEC is targeting VC capital that invested in Pudgy Penguins.According to crypto journalist Kate Irwin, the SEC sued crypto venture firm Shima Capital and its founder, Yida Gao, three weeks ago, alleging […] The post Pudgy Penguins Price Prediction: PENGU Price Crashes 20% in a Week, Is a Recovery Possible this December? appeared first on Cryptonews.

Calling Bitcoin a scam reflects investor psychology, not fundamentals, with prospect theory explaining panic selling after sharp drops.

The token has resistance at the $1.53 and then the $1.64 levels.

Circle Internet Group, Inc. (NYSE: CRCL), the global financial technology firm and issuer of USDC, announced it has signed a Memorandum of Understanding (MOU) with LianLian Global, a licensed cross-border payments provider. The post Circle Partners With LianLian Global to Explore Stablecoin Payments appeared first on Cryptonews.

SBI Ripple Asia signed a memorandum of understanding with Doppler Finance to explore XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger, the firms said Dec. 17. According to information shared with CryptoSlate, firms said they will explore collaboration on yield infrastructure for XRP, which lacks native staking, as well as RWA tokenization […] The post Ripple and SBI are redefining XRP DeFi, targeting a billion-dollar yield stream that ignores on-chain mechanics appeared first on CryptoSlate.

The federal taskforce would have to issue a report within one year of forming, outlining its strategy for combating crypto fraud.

More than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023. One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for claimants with ties to FTX or Alameda Research accounts. A group of investors asked Silvergate users who deposited fiat “into an FTX- or Alameda-related account” from 2019 to 2022 to submit claims for a settlement filed in the US District Court for the Southern District of California. According to the lawsuit, investors have until Jan. 30 to opt out or file a claim as part of a $10 million settlement that “resolves a lawsuit over whether Silvergate Bank, Silvergate Capital Corporation, and Alan J. Lane aided and abetted tortious conduct on the part of FTX, Alameda, and Sam Bankman-Fried.” Read more

Strong selling pressure overwhelmed positive Coinbase integration news as the psychological $1.90 level failed to hold.

ASTER falls 22% in a week after breaking key support, with price near $0.74 as futures open interest drops while whale accumulation continues.

The decline was accompanied by sharp volatility in bitcoin and weakness in U.S. tech stocks, suggesting a return of risk-off sentiment.

Tether introduced PearPass, a free peer-to-peer password manager that removes cloud infrastructure vulnerabilities by storing credentials exclusively on user devices while enabling encrypted synchronization across platforms, as the stablecoin giant addresses escalating cybersecurity threats following major breaches exposing billions of credentials at cloud-based competitors. The post Tether Launches PearPass, a Peer-to-Peer Password Manager Without Cloud Storage appeared first on Cryptonews.

HashKey Holdings closed 3% below its IPO price of HK$6.68 in its Hong Kong debut despite raising $206 million and attracting oversubscription from institutional and retail investors, as the city's largest licensed crypto exchange navigates broader market headwinds with bitcoin down 36% from October highs. The post HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise appeared first on Cryptonews.

Bitcoin’s prolonged sell-side pressure from long-term holders may be approaching its limits after years of steady distribution, according to K33. The post K33 Says Long-Term Bitcoin Holder Selling May Be Nearing Exhaustion appeared first on Cryptonews.