A crypto analyst says that the market “could be approaching euphoria territory” with the significant amount of XRP longs “being reloaded” as the price retraces. XRP has fallen nearly 18% since hitting its yearly high on Dec. 3, but traders are still holding out hope for a strong rebound. That optimism, however, could be tested...Continue Reading

Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto has been over-regulated.” Former United States Treasury Secretary Lawrence Summers has dismissed President-elect Donald Trump’s idea of a strategic Bitcoin reserve as “crazy” and a means to pander to his crypto campaign donors. “Some of...Continue Reading

An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72% following a post from influencer Keith Gill. Memecoin and stock influencer Keith Gill, better known by his online handle Roaring Kitty, appears to have sent GameStop, AMC stocks, and a related memecoin surging after his...Continue Reading

Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure. Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap,...Continue Reading

Over the past two weeks, spot Ether ETFs have clocked in more than $1.3 billion in inflows as the cryptocurrency rallied close to $4,000. Spot Ether exchange-traded funds in the United States have just recorded their largest day of inflows in history, resulting in the ninth consecutive trading day of positive flows for the rallying...Continue Reading

Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024. Stablecoin issuer Circle says its United States-dollar pegged token has become the first of its kind to comply with incoming listing rules set out by Canada’s securities regulator — allowing it to continue to be listed on licensed...Continue Reading

Donald Trump has appointed former PayPal operating chief David Sacks, known for co-hosting the “All In” podcast, as his top AI and crypto adviser. United States President-elect Donald Trump has named All In podcast co-host and venture capitalist David Sacks as his lead policy adviser on artificial intelligence and crypto. “David O. Sacks will be...Continue Reading

Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime. Australia’s national financial intelligence agency has flagged crypto as a priority for the year ahead and is creating a new task force to crack down on crypto ATM providers who may be flouting...Continue Reading

The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.” FT Alphaville — a daily news commentary service created by the Financial Times — has been slammed on X after issuing a spiteful apology to Bitcoiners as the...Continue Reading

On Dec. 5, Bitcoin retreated further from the psychologically crucial $100,000 level, briefly dipping below $93,000 and triggering a significant amount of long position liquidations. A sudden dip in the price of Bitcoin wiped out $300 million of long positions in the market as its price fell 5.47% within minutes on Dec. 5, briefly falling...Continue Reading