U.S. Senate confirms pro-crypto Michael Selig as 15th CFTC chairman
A long-awaited decision in Washington is now set to reshape leadership at the U.S. derivatives regulator. A leadership change at a key U.S. market regulator is now set. Michael Selig was confirmed by the U.S. Senate on Dec. 18 and…...
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1,200,000 PI Tokens in 24 Hours: Is Pi Network’s Price Ready for a Further Rebound?
Pi Network’s team has been quite active lately, introducing interesting initiatives for the community and rolling out important updates. However, the price of its native token hasn’t managed to stage a decisive breakout and remains in red territory on both the weekly and monthly timeframes. One key factor, though,...
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XRP higher after early dip as buyers step in near $1.80
Institutional interest in Ripple-linked assets remains strong, though overall market participation is limited....
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Synthetix DEX returns to Ethereum mainnet after 2022 exit
Synthetix Network has returned to Ethereum mainnet, betting that scaling upgrades make layer-1 viable again for perps. Synthetix has brought its core trading product back to where it’s original home. In a blog post published on Dec. 19, the protocol…...
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Bitcoin Shark Accumulation Overstated: Glassnode Researcher Debunks Narrative
Senior researcher at on-chain analytics firm Glassnode has explained how the recent Bitcoin shark “accumulation” is not a sign of organic buying. Bitcoin Shark-Sized Entities Have Been Growing Recently In a new post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about the recent growth in the supply attached...
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Bitcoin, ether pop higher as Japan rate hike lifts Asian risk appetite
Japan’s 10-year government bond yield briefly touched 2% for the first time since 2006 after the central bank lifted its benchmark rate....
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Crypto market cap falls to 8-month low, analysts see more pain ahead
The total crypto market cap fell to $2.93 trillion, its lowest since April, erasing yearly gains as analysts anticipated further declines....
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Ethereum Exchange Supply Falls To 2016 Lows – Long-Term Holding Dominates
Ethereum is increasingly struggling to maintain a convincing bullish narrative as market sentiment continues to deteriorate. Price action remains fragile, and a growing number of analysts are openly discussing the possibility that Ethereum is transitioning into a broader bear market phase. Repeated failures to sustain upside momentum have weakened...
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Terraform Labs’ bankruptcy estate targets Jump Trading in $4B lawsuit
A new lawsuit has reopened scrutiny around the collapse of one of crypto’s most damaging failures. The legal fallout from the Terra collapse widened again this week. The Wall Street Journal reported on Dec. 18 that the court-appointed administrator overseeing…...
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Jump Trading sued for $4 billion over Terraform Labs fallout: Report
The lawsuit against Jump Trading highlights the ongoing legal and financial challenges in the crypto industry, affecting market stability. The post Jump Trading sued for $4 billion over Terraform Labs fallout: Report appeared first on Crypto Briefing....
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