Crypto

Bitcoin’s year is usually narrated through the dollar chart, a familiar frame that captured a chaotic fourth quarter where BTC whipsawed through a violent two-month range. Price climbed to roughly $124,700 in late October before breaking down toward the mid-$80,000s in November, a swing that erased more than $40,000 from peak to trough. The volatility […] The post Bitcoin is failing its most important test, and an 11-month slide proves the “store of value” is broken right now appeared first on CryptoSlate.

Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.

Recall Labs, a firm that has run 20 or so AI trading arenas, pitted foundational large language models (LLMs) against customized trading agents.

Strategy remains in the Nasdaq 100 as MSCI considers excluding firms whose crypto holdings exceed 50% of total assets. Strategy held on to its place in the Nasdaq 100 during this year’s rebalancing, securing its first successful test in the benchmark since joining the index in December last year. The company, previously known as MicroStrategy, has become the largest corporate holder of Bitcoin (BTC). With its latest purchase of 10,624 Bitcoin for around $962.7 million last week, Strategy’s total holdings stand at 660,624 BTC, worth nearly $60 billion. The latest Nasdaq 100 adjustment saw Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor and Trade Desk removed from the tech-heavy gauge, while Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate and Western Digital entered the lineup, according to Reuters. Read more

The ETFs are well in the green in terms of net inflows, but what about XRP's price?

While legislative language circulates among all four corners of the talks — industry, White House, Republicans and Democrats — the process is still mid-stride.

Itaú Asset Management joins major Wall Street firms in advising small Bitcoin allocations, citing uncorrelated returns as BTC tests $90,000 support following sharp correction from October highs. The post Bitcoin Price Prediction: Brazil’s Largest Private Bank Itaú Supports Bitcoin Exposure — Can 3% allocation Push BTC Higher? appeared first on Cryptonews.

Vanguard's $12 trillion platform now allows Bitcoin ETF trading following CEO transition, though executives continue labeling crypto speculative and compare it to collectibles rather than productive assets. The post Bitcoin Is a “Digital Labubu,” Says Vanguard — Yet It Opens ETF Trading appeared first on Cryptonews.

Bitfinex said the recent 66% slide in spot trading volumes echoes lulls seen before next leg in the cycle. Bitfinex says crypto spot trading activity has fallen sharply this quarter, with volumes down 66% from January’s peak as traders step back amid softer ETF inflows and an uncertain macro backdrop. In a Sunday post on X, the exchange noted that the slowdown mirrors periods seen in earlier market cycles, where extended lulls often “precede the next leg in the cycle.” According to data from CoinMarketCap, 30-day crypto spot volumes have slipped from over $500 billion in early November to roughly $250 billion this week. Read more

HYPE and ENA have dropped the most from the larger-cap alts today.

Tether has launched an all-cash bid to acquire Italy’s Juventus Football Club, an offer that was reportedly swiftly turned down. The post Tether Makes All-Cash $1.1B Bid to Buy Juventus, but Offer Rejected appeared first on Cryptonews.

When Binance rolled out its new “Binance Junior” accounts this month, the announcement landed with the kind of split reaction usually reserved for children’s TikTok privacy updates. On paper, the product is tightly controlled, restricted to a savings lane, and anchored to a parent’s KYC identity: there are no trading buttons, no margin sliders, no […] The post Crypto for kids: Binance Junior looks safe, but the app creates a psychological imprint that parental controls can’t fix appeared first on CryptoSlate.

Wintermute’s Yoann Turpin and other crypto investors bought a rare triceratops fossil, signaling a shift from NFTs to ultra-scarce physical assets. The post From NFTs to Dinosaurs: Crypto Elite Turn to Ultra-Rare Tangible Assets appeared first on Cryptonews.

XRP continues to be deep in the red YTD.

The OCC has conditionally approved five crypto firms, including Circle and Ripple, to launch national trust banks. The post OCC Clears Circle, Ripple and Others to Launch Crypto National Banks appeared first on Cryptonews.

Trump commented on the interest rates for next year as well as new strikes against Venezuela.

Brazil’s largest private bank says Bitcoin can improve portfolio diversification and hedge currency risk despite a volatile year for the asset. Itaú Asset Management, the investment arm of Brazil's largest private bank, Itaú Unibanco, has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year. In a new research note, Itaú Asset’s Renato Eid said that the global backdrop of geopolitical tension, shifting monetary policy and persistent currency risks strengthens the case for adding Bitcoin (BTC) as a complementary asset. He called Bitcoin “an asset distinct from fixed income, traditional stocks, or domestic markets, with its own dynamics, return potential, and — due to its global and decentralized nature — a currency hedging function.” Read more

The DeFi Education Fund has led a rebuttal to Citadel Securities’ call for the SEC to bring DeFi platforms under securities laws if dealing in tokenized stocks. A group of crypto organizations has pushed back on Citadel Securities’ request that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks. Andreessen Horowitz, the Uniswap Foundation, along with crypto lobby groups the DeFi Education Fund and The Digital Chamber, among others, said they wanted “to correct several factual mischaracterizations and misleading statements” in a letter to the SEC on Friday. The group was responding to a letter from Citadel earlier this month, which urged the SEC not to give DeFi platforms “broad exemptive relief” for offering trading of tokenized US equities, arguing they could likely be defined as an “exchange” or “broker-dealer” regulated under securities laws. Read more

What's next for PI as the asset falls toward $0.20.

Tether says it will buy the controlling stake Exor has in Juventus, along with all remaining shares, an offer Exor has reportedly rebuffed. Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years. If Exor agrees, then Tether will make a “public offer for the remaining shares at the same price.” Juventus is a public company with a market capitalization of 944.49 million euros ($1.1 billion), having closed trading on Friday up 2.3% to 2.23 euros ($2.62). Read more