Ether ‘Bear Trap’ Confirmed as Bitcoin Probes Friday High, XRP Eyes $2.30 Hurdle
Ether looks north after a confirmed bear trap....
Read More
Eric Trump Says He’s Not Selling As American Bitcoin Shares Crash 38%: ‘Fundamentals Are Virtually Unmatched’
American Bitcoin Corp. (NASDAQ:ABTC) shares modestly recovered in Tuesday’s after-hours trading following a sharp drop triggered by the expiration of the lockup period for investors, including co-founder Eric Trump. ABTC stock is at key technical levels. Get the latest updates here. Early Investors Can Take Profits, Says Trump ABTC gained over 4%...
Read More
Tether Debate Heats Up As Former Bank Analyst Refutes Hayes’ Claims
Arthur Hayes, the BitMEX co-founder, warned late last month that Tether’s shift into Bitcoin and gold could leave the stablecoin exposed if those assets tumble. According to Hayes, a roughly 30% drop in Tether’s BTC and gold holdings could erase the company’s equity and leave USDT vulnerable. His comments...
Read More
Kalshi inks partnership with CNN for official prediction data
Kalshi has struck a newsroom deal with CNN that brings its prediction data into a media outlet for the first time. Kalshi has taken a major step into mainstream media after securing an exclusive partnership that brings its real-time prediction…...
Read More
CNN to Use Kalshi Prediction Markets Across Its News Coverage
The deal brings market-implied probabilities into CNN’s newsroom and introduces a Kalshi-powered ticker for segments that rely on event contracts....
Read More
Peter Schiff Says Bitcoin Value ‘Purely Subjective,’ Unlike ‘Objective’ Gold, Economist Says BTC Has No ‘Utility’ Beyond Belief — Draws Fire
Noted economist Peter Schiff said on Tuesday that gold’s intrinsic value stems from tangible properties as opposed to Bitcoin (CRYPTO: BTC), which he deemed “purely subjective.” Schiff Says Bitcoin Has No Utility Beyond Belief In an X post, Schiff refuted claims by Bitcoin advocates that gold’s value is subjective....
Read More
New U.S. Stablecoin Regulations Imminent as FDIC Finalizes GENIUS Act Guidelines
The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to publish its first formal proposal outlining how stablecoin issuers will operate under the GENIUS Act, according to acting chairman Travis Hill. The rulemaking package is expected to be submitted to the House Financial Services Committee before the end of...
Read More
Deutsche Bank-backed Taurus partners with Everstake to enhance institutional crypto staking
This partnership could accelerate institutional adoption of crypto by aligning staking services with traditional finance standards and security. The post Deutsche Bank-backed Taurus partners with Everstake to enhance institutional crypto staking appeared first on Crypto Briefing....
Read More
Will the End of Quantitative Tightening Reverse the Crypto Down Trend?
The Federal Reserve’s decision to halt balance-sheet runoff comes as crypto pressure spreads across the market after a sharp weekend sell-off. As per Reuters’ report, the central bank ended quantitative tightening on December 1. It will now roll over maturing Treasuries and reinvest mortgage-bond payouts into Treasury bills. The...
Read More
ETH USD Traders Brace For Fusaka Mainnet Launch Tomorrow: Will Ethereum Price Reclaim $3,000?
Ethereum is set to activate its Fusaka upgrade on December 3, a move that marks another step in the network’s effort to improve performance, security, long-term stability, and the Ethereum price outlook. Core developers say the update focuses on making the network faster and more reliable for wallets, decentralized...
Read More