Ether Gets $3,700 Target as Bull Market History Repeats Against Bitcoin

Ether (ETH) is teasing 170% gains in under two months as history repeats itself against Bitcoin (BTC). Key points: Ether has the potential to rematch long-term highs above 0.09 in Bitcoin terms. Bull market history continues to play out for the largest altcoin, with $3,700 the next target. Bitcoin itself could see $100,000 as soon…

Italy Sets Firm MiCA Deadline for VASPs

Italy’s securities regulator set a firm timetable for applying the European Union’s Markets in Crypto-Assets Regulation (MiCA) in the country, warning that unlicensed crypto platforms face a deadline to either seek authorization or leave the market. The move directly affects virtual asset service providers (VASPs) currently operating under Italy’s regime and the retail investors who…

Cantor Slashes Strategy Target 60%, Not Concerned By Forced-sale Fears

US-based financial firm Cantor Fitzgerald slashed its price target on Michael Saylor’s Bitcoin-heavy company, Strategy, but kept a bullish stance on the cryptocurrency’s long-term upside, downplaying fears of forced liquidation, according to the Financial Times. Cantor Fitzgerald reportedly lowered its 12-month price target on Strategy stock by 60%, adjusted to $229 from $560, according to…

BTC Eyes a Rare December Rally To Beat Strong Bearish Odds

Bitcoin (BTC) entered the new month with a statistical headwind it has never overcome: Every time November ended in the red, BTC struggled to turn bullish in December. Yet this year’s structure looks materially different, with momentum, liquidity rotation and cycle deviations pushing against what has been a 100% bearish seasonal setup. Bitcoin returns in…

Kraken Launches High-Touch VIP Program for Ultra High Net Worth Clients

Kraken, the cryptocurrency exchange preparing to go public in the U.S. early next year, has unveiled an invitation-only VIP program tailored to ultra high net worth individuals, sophisticated traders and strategic capital allocators, the company said. Crypto exchanges are looking to fill the gap when it comes to providing high-touch services to wealthy individuals, family…

Crypto Interest Drops Among Investors as Risk-Taking Declines

US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory Authority. The percentage of crypto investors was unchanged between 2021 and 2024 at 27%, but the number of investors considering either purchasing more or buying for the first…

Crypto Interest Drops Among Investors as Risk-Taking Declines

US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory Authority (FINRA). The percentage of crypto investors was unchanged between 2021 and 2024 at 27%, but the number of investors considering either purchasing more or buying for the…

Base Launches Chainlink-Secured Bridge To Solana Blockchain

Solana and Coinbase’s Ethereum layer-2 blockchain Base have been bridged together using Chainlink’s technology in a move to increase liquidity between the two networks. Base said on Thursday that it launched a bridge connecting it to Solana secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, enabling seamless asset transfers. The bridge is now live…

Ex-Signature Bank Executives Launch Blockchain Bank N3XT

A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments. N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company…

Bitwise CIO Says Strategy Forced Bitcoin Sale Unlikely

Strategy (MSTR) won’t be forced to sell Bitcoin to stay afloat if its share price drops, and those who say otherwise are “just flat wrong,” says Bitwise chief investment officer Matt Hougan. “There is nothing about MSTR’s price dropping below NAV [net asset value] that will force it to sell,” Hougan argued in a note…