Crypto

Political progressives have joined forces to oppose current versions of the industry-backed legislative effort in the Senate.

A divided Federal Reserve approved a 0.25% rate cut, but concerns over inflation and growth, as well as Glassnode data highlighting BTC’s “fragile range,” may keep it under $100,000. On Wednesday, the US Federal Reserve approved a 25-basis-point interest rate cut, marking the third this year and aligning with market expectations. Typical of its previous pre-FOMC price action, Bitcoin rallied above $94,000 on Monday, but the media’s hawkish depiction of the rate cut reflects a Fed that is divided over the future of US monetary policy and the economy. Given the “hawkish” label associated with this week’s rate cut, it’s possible that Bitcoin price could sell on the news and remain range-bound until a new momentum driver emerges. CNBC reported that the Fed’s 9-3 vote is a signal that members remain concerned about the resilience of inflation, and that the rate of economic growth and pace of future rate cuts could slow in 2026. Read more

A Polymarket contract asking whether President Donald Trump will declassify UFO files in 2025 sat at 5.5% on Dec. 6. The next day, it rocketed toward 90%. The trigger wasn’t a White House announcement or a Pentagon press conference, but likely a resolution proposal filed with UMA Protocol, the decentralized oracle that settles Polymarket’s disputes. […] The post How a “Jellyfish UFO video” and PDF fueled a controversial 1,700% market explosion appeared first on CryptoSlate.

Institutions have been holding off with the Fed’s rate cut decision imminent – Solana Price Predictions near their next potential catalyst. The post Solana Price Prediction: Institutional Flows Into Spot ETFs Dry Up – Here’s the Catalyst They Might Be Waiting For  appeared first on Cryptonews.

The DOJ said the firm knowingly facilitated illicit trades tied to sex work, sanctions evasion, and fraud, earning millions in fees while ignoring U.S. law.

The central bank’s move was widely expected, with the Federal Reserve announcing the third rate cut for 2025.

The company’s second acquisition in a week brings manufactured-home chattel loans onchain as Ether treasury stocks continue to slide. Former biotech company ETHZilla (ETHZ) is doubling down on its push into real-world asset markets, taking a 15% stake in digital housing lender Zippy to bring manufactured-home loans onchain. The deal marks the company’s second acquisition in a week. According to Wednesday’s announcement, ETHZilla will pay $5 million in cash and $16.1 million in stock for a 15% stake in Zippy, a US-based lender founded in 2021 that originates manufactured-home loans through a digital platform. The companies plan to link Zippy’s loan-origination and AI-powered systems with ETHZilla’s tokenization stack for onchain distribution of manufactured-home chattel loans, including potential forward-flow sales to institutional investors. Read more

Bitcoin’s price has declined by more than $2,000 in the last 24 hours. It dropped by some $500 in the past few minutes, and then recovered, right as the US Federal Reserve announced another rate cut – the third one for this year. It reduced the rates by 25 basis points (0.25%), while Powell also […]

The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.

In a new interview, Musk detailed how the short-lived government efficiency effort identified improper federal spending and drew political pushback.

The digital assets company is one of many to seek regulatory approval from UAE authorities or attempt to expand their services into a region drawing them in. Galaxy, the digital asset management and infrastructure company, announced an upcoming office and a new arm in Abu Dhabi as part of its push into the Middle East. In a Wednesday notice, Galaxy said it would establish an entity under the registration authority of the Abu Dhabi Global Market (ADGM), the area’s international financial center. According to Galaxy founder and CEO Mike Novogratz, the move was part of a strategy to expand the company’s existing partnerships and operations. “The Middle East is a rapidly growing financial hub that is home to some of the world’s most sophisticated investors and innovators,” said Galaxy managing director Bouchra Darwazah. “It has become a particularly influential region for our investors, clients, and portfolio companies, and we believe this office will help establish new opportunities as a leading global digital a...

BitMine Immersion Technologies Chairman Tom Lee said Ethereum has bottomed—and his firm is aggressively buying as a result.

Japan has prepared a comprehensive reset of crypto oversight, moving digital assets from the Payment Services Act to the Financial Instruments and Exchange Act, with stricter exchange disclosures, insider-trading rules, bank-linked trading and a pending flat tax on gains. The post Japan Moves Crypto to Securities Law – Tighter Rules & Platform Crackdowns Coming appeared first on Cryptonews.

1.35B XRP removed from exchanges in 60 days as whales shift holdings; analysts see possible breakout with targets up to $22.

Wallets labeled with connections to defunct dark web marketplace Silk Road moved millions in Bitcoin for the first time in years.

The company argued that digital asset treasuries are operating companies and that MSCI indexes include businesses with a single-asset focus. Strategy, the largest Bitcoin treasury company, submitted feedback to index company MSCI on Wednesday about the proposed policy change that would exclude digital asset treasury companies holding 50% or more in crypto on their balance sheets from stock market index inclusion. Digital asset treasury companies are operating companies that can actively adjust their businesses, according to the letter, which cited Strategy’s Bitcoin-backed credit instruments as an example. The proposed policy change would bias the MSCI against crypto as an asset class, instead of the index company acting as a neutral arbiter, the letter said. Read more

PNC Bank, the sixth-largest commercial bank in the United States, has launched direct spot Bitcoin trading for eligible private bank clients, becoming the first major US bank to offer native Bitcoin exposure following regulatory approval from the Office of the Comptroller of the Currency. The post Bitcoin Price Prediction: US Bank Now Lets Clients Buy BTC Directly – Could This Be the Start of a Banking Domino Effect? appeared first on Cryptonews.

XRP whales have dumped a significant volume of tokens ahead of today’s FOMC meeting and may have delayed the token’s recovery. However, long-term holders are still not selling and continue to show the kind of commitment that favors a bullish XRP price prediction.According to data from Santiment, whale wallets holding between 100 million and 1 […] The post XRP Price Prediction: $100M Whale Dump Hits Just Before Breakout – Can Retail Buying Stop the Bleed? appeared first on Cryptonews.

Vanguard is opening crypto ETF access to millions of investors. The move reflects a broader 2025 trend of crypto finding its way into investor portfolios. Vanguard’s decision to open access to spot crypto ETFs marks a major shift from its earlier anti-crypto stance and gives more than 50 million clients a regulated path to gain exposure to digital assets. The firm will allow trading of approved third-party ETFs tied to BTC, ETH, XRP and SOL while avoiding memecoins or unregulated tokens and choosing not to launch its own crypto products. The move brings significant institutional legitimacy to crypto and shows that even traditionally conservative asset managers cannot overlook sustained demand for regulated exposure to digital assets. Read more

Bitcoin is attempting a recovery, but the short-term trend depends on the Federal Reserve’s upcoming interest rate decision. Meanwhile, ETH leads the altcoin recovery. Key points: Buyers will have to drive Bitcoin above $94,589 to open the gates for a retest of the psychological level of $100,000. Ether is showing strength, but several other major altcoins are struggling to sustain their rebound.  Read more