Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins

Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…

SEC Grants Approval For DTCC to Tokenize Traditional Assets

The US Securities and Exchange Commission has given a subsidiary of the Depository Trust and Clearing Corporation (DTCC) a highly coveted “no-action” letter, allowing it to offer a new securities market tokenization service. The DTCC said on Thursday that its subsidiary, the Depository Trust Company, was given the go-ahead to launch “a new service to…

Bank Of Japan Rate Cut Expected To Negatively Impact BTC, Altcoins

Key points: Bitcoin attempted a recovery on Monday, but renewed selling pressure threatens to pull the price to $84,000. Several altcoins are attempting to hold above their support levels, but the bounce lacks strength. Bitcoin (BTC) attempted a recovery on Monday, but the bears continue to exert pressure. Trader CrypNuevo said in a thread on…

BTC Parabola Break Revives 80% Drawdown Risk: Peter Brandt

Bitcoin (BTC) price is under scrutiny again as veteran trader Peter Brandt is cautioning that BTC has violated its parabolic trendline, a technical feature that preceded deep drawdowns in previous bull markets. While the signal is bearish, the current market structure reflects a key difference from previous market cycles.  Key takeaways: Peter Brandt said that…

Trade Unions Increasingly at Odds with Crypto in Retirement Accounts

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts. The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to…

Standard Chartered, Coinbase Expand Institutional Crypto Deal

Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British multinational bank announced on Friday. “We aim to explore how the two organisations can support secure, transparent and interoperable solutions…

Standard Chartered, Air Asia Parent Explore Malaysian Ringgit Stablecoin

Standard Chartered Bank Malaysia and Capital A, the parent company of AirAsia, plan to jointly explore a stablecoin pegged to Malaysia’s local currency, the ringgit. In a statement Friday, the bank’s Malaysian arm and Capital A said they signed a letter of intent to explore a ringgit-pegged stablecoin under the country’s Digital Asset Innovation Hub,…

Juventus Fan Token Sinks 13% After $1.3B Tether Bid Rejected

Juventus’ fan token (JUV) slid more than 13% from its intraday peak after a takeover bid of 1.1 billion euros ($1.3 billion) by stablecoin issuer Tether was rebuffed. JUV climbed to over $0.85, its highest mark since the start of November, at around 21:00 UTC on Sunday, but subsequently tracked downward to fall below $0.74…

Bitcoin Price Risks Falling to $70K Due to a Hawkish BoJ: Macro Analysts

Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Macro and technical signals align around a $70,000 downside target. BOJ hikes preceded…

Crypto Spot Volumes Down 66% From Peak as Next Cycle Leg Nears

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…