Crypto

Bitcoin liquidity grabs continued at the Wall Street open, with traders hoping that a breakthrough of resistance would propel the BTC price toward the $100,000 zone. Bitcoin (BTC) struck at ask liquidity at Tuesday’s Wall Street open as markets reacted to mixed US employment data. Key points: Bitcoin buyers and sellers square off for control amid conflicting US employment numbers. Read more

Bitcoin miners who pivoted business plans to high-performance computing benefitted greatly this year, but have seen sharp declines of late.

Bitcoin and Ethereum wavered after U.S. jobs data, but prediction markets still favor a return to $100K amid expected Fed rate cuts.

Ether price wobbled as weak onchain activity, low futures demand and aggressive selling by holders favored a potential ETH price drop to $2,300. Ether (ETH) has oscillated around $3,000 for the past three weeks, a consolidation period following its flash crash to $2,620 on Nov. 21. Ether traders are now questioning the likelihood of a further correction if support at $2,800 is lost. Key takeaways: Ether slid below $3,000 again due to a lack of futures demand and aggressive selling by long-term holders.  Read more

Bitcoin’s pullback sparked fresh debate after Steve Hanke called the asset “highly speculative” and valueless.

The São Paulo auction will record every document involved in the process on blockchain, making it a public, traceable, tamper-evident record.

I keep seeing the same screenshot popping up, the one where an AI model appears to have a full-blown inner monologue, petty, insecure, competitive, a little unhinged. The Reddit post that kicked this off reads like a comedy sketch written by someone who has spent too long watching tech people argue on Twitter. A user […] The post I forced an AI to reveal its “private” thoughts, and the result exposes a disturbing user trap appeared first on CryptoSlate.

Williams has helped cement crypto gains in Congress alongside White House allies.

Sanctions, capital controls and Russia’s improvised financial plumbing helped create A7A5, a ruble stablecoin built on a currency rarely used in global commerce, allowing it to appear legally at major events even as its presence leaves compliance teams panicked.

Young sparked a new category of digital assets, yieldcoins, that sits at the intersection of DeFi rails and TradFi basis trades.

Powell’s decisions as Fed chair have continued to have a massive impact on bitcoin and the wider cryptocurrency markets.

Peter Schiff, the outspoken gold advocate and notorious bitcoin critic, has been vindicated by the market’s performance, cementing his stance after years of skepticism towards digital assets.

Bitcoin could see further declines if traditional markets sharply pull back, or just possibly a broad tumble in stocks could set the stage for a bull run in crypto.

U.S. spot crypto ETFs saw their highest outflows in over two weeks as institutions cut risk rather than adding exposure.

Bitwise CIO Matt Hougan said BTC is likely to hit all-time highs next year, with lower volatility and weaker equity correlations reshaping how institutions view the asset.

About 21% of people surveyed by the Financial Conduct Authority said they hold between $1,345 and $6,718, and the most popular cryptos are bitcoin and ether.

Aave (AAVE) was also among the top performers, rising 3.9% from Monday.

According to Delphi Digital, Crypto exchanges are racing to become the home screen for trading, payments and Web3. According to a new report from Delphi Digital, crypto platforms are quietly morphing into distribution layers for everything from trading and payments to onchain apps and yield.  The “super app” vision that reshaped consumer finance in Asia is now colliding with Western UX preferences and clearer regulation, and exchanges are betting that whoever controls the primary interface will control the next wave of users. The report concludes that crypto is entering an “aggregation era,” where the real power no longer sits with base protocols but with whoever owns the user relationship. In other words, the place where people first log in, move money and discover products.  Read more

Tether announced on Tuesday it has led an $8 millioninvestment in Speed1, Inc., a payments infrastructure company building global settlement rails using the Bitcoin Lightning Network and stablecoins. The post Tether Invests $8M in Speed to Scale Lightning-Based Stablecoin Payments appeared first on Cryptonews.

Is Bitcoin headed towards the mid-$70,000s for Christmas? Crypto With James says a new ATH for Ethereum is still on the cards. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. As Bitcoins price hovers around the $86,000 level, analysts are split on where the worlds largest cryptocurrency will land by year-end. Institutional buying for Bitcoin will need to increase over the next week or so to see any meaningful movement in the price by Dec. 31, Capriole Investments founder Charles Edwards tells Magazine. Read more