Bitcoin Pro Traders Side-eye Breakouts To $92K

Key takeaways: Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin. Pro traders are incurring high costs to protect against Bitcoin price drops, while in China, stablecoins are being sold at a discount to exit the crypto market. Bitcoin (BTC) faced a $2,650 pullback after…

Bitcoin Pro Traders Side-eye Breakouts To $92K

Key takeaways: Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin. Pro traders are incurring high costs to protect against Bitcoin price drops, while in China, stablecoins are being sold at a discount to exit the crypto market. Bitcoin (BTC) faced a $2,650 pullback after…

Ripple Exec Says XRP Needs a Solana-Style Playbook to Keep Up

Key takeaways: Luke Judges states that technical strength alone cannot guarantee long-term competitiveness, suggesting that XRP could benefit from Solana’s pragmatism and execution speed. Judges believes Solana’s market traction comes from practical engineering and a fast go-to-market strategy rather than protocol design alone. David Schwartz takes the opposite position, arguing that XRPL’s reliability and stability…

Ripple Exec Says XRP Needs a Solana-Style Playbook to Keep Up

Key takeaways: Luke Judges states that technical strength alone cannot guarantee long-term competitiveness, suggesting that XRP could benefit from Solana’s pragmatism and execution speed. Judges believes Solana’s market traction comes from practical engineering and a fast go-to-market strategy rather than protocol design alone. David Schwartz takes the opposite position, arguing that XRPL’s reliability and stability…

BlackRock Files for Listing Staked Ether ETF

US-based asset management company BlackRock has applied to list and trade shares of an investment vehicle tied to staked Ether, following its offering of other cryptocurrency products. In a Friday filing with the US Securities and Exchange Commission, BlackRock filed a Form S-1 registration statement for its iShares Staked Ethereum Trust exchange-traded fund. The filing…

Canada Struggles to Track Crypto Taxes as $100M Recovered in Audits

The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers who use cryptoasset platforms are evading crypto taxes or are at high risk of non-compliance, the Canadian Press reported December 7. The news outlet said it received an emailed statement from CRA saying it has 35 auditors in its cryptoasset program, working on over 230…

USDT Wins Regulatory Recognition in Abu Dhabi’s ADGM

Tether’s USDt, the largest stablecoin by circulation, has secured a regulatory milestone in Abu Dhabi’s international financial center, opening the door for licensed institutions to use the token in regulated services. Announced Monday, USDt (USDT) was formally recognized as an “accepted fiat-referenced token,” allowing regulated firms in the Abu Dhabi Global Market (ADGM) to offer…

Why Bitcoin May Ignore the 4-Year Cycle in 2025, According to Grayscale

Key takeaways The halving-driven Bitcoin pricing pattern that shaped Bitcoin’s early history is losing power. As more BTC enters circulation, each halving has a smaller relative impact. According to Grayscale, today’s Bitcoin market is shaped more by institutional capital than the retail speculation that defined earlier cycles. Unlike the explosive rallies of 2013 and 2017,…

Here’s Why XRP Price Recovery Eyes 27% Rise to $2.65 Next

XRP (XRP) price is up 3% in the past 24 hours and 15.5% from its Nov. 21 low to $2.10 on Monday. This sets it up for further gains backed by several fundamental, onchain and technical factors. Key takeaways: XRP’s new all-time highs are in play, backed by increasing institutional demand and bullish trader sentiment….

Mantra CEO Urges OM Holders to Exit OKX

Tensions between blockchain platform Mantra and crypto exchange OKX are rising after Mantra accused the exchange of posting incorrect information about its token migration. In a Monday X post, Mantra CEO John Patrick Mullin urged users of centralized cryptocurrency exchange (CEX) OKX to withdraw their Mantra (OM) tokens and cut their “dependency” on the platform….