Bitcoin Holds Key Support As Fed Rate Decision Looms

Bitcoin is currently hovering at a critical technical level that needs to be defended to prevent major losses, according to crypto analyst “Daan Crypto Trades.” He was referring to the 0.382 Fibonacci retracement zone, which serves as a key area of support and resistance during market cycles.   “I think this is a key area for…

XRP’s Bullish Divergence Signals ‘Strength’ Amid Spot ETF Success

Spot XRP exchange-traded funds (ETFs) continued to attract investors, recording their 11th straight day of inflows, underscoring institutional demand. But is this enough to keep the XRP (XRP) price above $2 and trigger a sustained recovery? Key takeaways: Spot XRP ETFs have attracted over $756 million in inflows since their launch. RSI bullish divergence and…

Bittensor Set for First TAO Halving on Dec. 14

With Bitcoin now in its fourth quadrennial halving, other decentralized projects have adopted similar supply-cut cycles — and Bittensor is approaching its first since launching in 2021. Bittensor, a decentralized, open-source machine-learning network built around specialized “subnets” that incentivize marketplaces for AI services, is expected to undergo its inaugural halving on or around Dec. 14….

Meta Plans Metaverse Budget Cuts in Shift to AR Glasses

Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into virtual reality glasses and artificial intelligence. No final decision has been made yet, but budget cuts and possible layoffs are on the table for Meta’s Reality Labs division, mainly aimed at its virtual…

Developers Propose Secret Santa Protocol For Ethereum

Ethereum researchers are working on ways to deploy a protocol they first introduced earlier this year, which could supercharge privacy with zero-knowledge proofs. Ethereum developer Artem Chystiakov shared his research on the Ethereum community forum on Monday, titled “Zero Knowledge Secret Santa (ZKSS),” which proposes a three-step “Secret Santa” algorithm. The paper was first introduced…

Crypto Has Reinvented and Replatformed the Middle Man

Today is a pivotal and dangerous moment for crypto. In my twelve years in this space, I have never seen the conditions we’re experiencing now, even in our most bearish cycles. Individually, these signals would be disconcerting. Together, they are signs of a major potential crisis. Whatever happened to calls for utility or onboarding the…

US GENIUS Act Splits Global Stablecoin Liquidity From EU MiCA

The United States’ new approach to stablecoin regulation is reshaping global liquidity flows and driving a sharp structural split with the European Union’s Markets in Crypto-Assets (MiCA) regime, effectively creating separate US and EU stablecoin liquidity pools, according to a new report from blockchain security auditor CertiK. The report finds that the US digital asset…

Bitcoin Cash Becomes Year’s Best-Performing L1 With 40% Gain

Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum…

Bitcoin Absorbs $732B in New Capital in ‘Institutionally Anchored’ Cycle

Bitcoin (BTC) rose on Wednesday, gaining 7.5% over the last 24 hours to trade above $93,000, as analysts expected new highs. This came amid record capital inflows, rising realized cap and decreasing volatility, which suggested a changing market structure, according to a new joint report from Glassnode and Fanara Digital.  Key takeaways: Bitcoin has attracted…

SOL price capped at $140 as altcoin ETF rivals reshape crypto demand

SOL struggles to extend its gains as declining activity, falling leverage demand and competition from newly launched spot altcoin ETFs challenge Solana’s price rebound. Source link