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Author: James Wilson
Zcash price is testing the $420 resistance of a multi-month symmetrical triangle as rising trading volume and institutional accumulation hint at a potential breakout. Summary Zcash might be eyeing a fresh rally, testing $420 triangle resistance. Spot and futures volumes show renewed trader interest and risk appetite. Institutional buys and exchange listings have boosted momentum and visibility. Zcash was trading at $395 at press time, up 11% over the past 24 hours, as the market recovered after a quiet start to the week. The seven-day range sits between $306 and $420, leaving the coin 18% higher on the week but…
HashKey has opened subscriptions for its Hong Kong initial public offering, targeting up to $215M with backing from UBS and Fidelity in a key moment for the city’s crypto ambitions. Summary HashKey launches a Hong Kong IPO seeking up to $215M as subscriptions open this week. The licensed exchange aims to scale its infrastructure as Hong Kong pushes deeper into regulated digital assets. Cornerstone investors including UBS and Fidelity commit $75M, indicating confidence despite market volatility. The exchange operator is seeking to raise as much as HK$1.67 billion, or about $215 million, in what may become one of the city’s…
U.S. and Canadian companies holding digital assets, or DATs, have experienced significant stock price declines in 2025, with median prices falling 43%, Bloomberg reported. Summary U.S. and Canadian companies holding digital assets in their treasuries have seen stock prices fall by a median of 43% in 2025. These companies, known as digital asset treasuries (DATs), adopted a strategy popularized by Michael Saylor. Smaller DATs have struggled to raise capital, with companies like Alt5 Sigma Corp. experiencing significant stock declines after their token purchases. The companies, known as digital asset treasuries (DATs), get a lot of flak. Why? Because they use…
Strategy has made its largest Bitcoin purchase in months, acquiring 10,624 Bitcoin for approximately $962.7 million last week. Summary Strategy Inc. acquired 10,624 Bitcoin for $962.7 million, bringing its total holdings to 660,624 BTC, despite a 60% decline in its stock price over the past six months. CEO Michael Saylor remains committed to accumulating Bitcoin long-term, rejecting the sale of assets to fund dividends, and has built a $1.44 billion cash cushion to support the company for nearly two years. The company faces increasing competition as major banks like JPMorgan and Morgan Stanley launch Bitcoin-linked products, challenging Strategy’s role as…
Ripple’s $500 million share sale in November raised its valuation to $40 billion, with institutional investors taking a cautious approach amid crypto volatility. Source link
Major U.S. banks push accusations of political de-banking, urging caution as industry concerns surge. Evidence suggests compliance, not ideology, is driving most account closures. Summary Banks insist account closures stem from AML and regulatory compliance, not political views. Crypto businesses face real de-risking pressure but not targeted ideological suppression. Lack of transparency fuels misconceptions, highlighting the need for clearer banking standards. A wave of online outrage erupted this month after allegations surfaced claiming major U.S. banks were “de-banking” customers for political reasons. The narrative quickly spread through crypto circles, amplifying fears that traditional finance was weaponizing banking access against individuals…
Over the past day, the XRP price has been fluctuating, dipping to $2 before bouncing back about 1.3%. And the timing couldn’t be more interesting, with traders nervously eyeing tomorrow’s Fed meeting, which might set the mood for the whole crypto market as we head into the final stretch of the year. Summary XRP price has been fluctuating, hovering around $2.07 after dipping to $2. Traders are closely watching the December 9–10 Fed meeting, which could influence crypto market trends. XRP shows strong demand, supported by recent institutional traction and ETF launches. Upside targets include $2.20 and $2.40 if $2…
HBAR price remained in a narrow range above a key support level as exchange-traded funds’ inflows dried. Summary HBAR price has formed a head-and-shoulders pattern on the daily chart. It has also formed a death cross pattern as the 50-day and 200-day moving averages crossed each other. Demand for the recently launched HBAR ETFs has dried in the past few days. Hedera (HBAR) token was trading at $0.1350, down by 55% from its highest point in August. Data compiled by SoSoValue shows that the cumulative total inflows in Hedera ETFs stood at $82 million, bringing the total net assets to…
The crypto market is going up today, Dec. 8, with Bitcoin and most altcoins being in the green. Summary The crypto market is going up ahead of the Federal Reserve rate decisions. Polymarket odds of a Federal Reserve interest rate cut rose to 95%. These coins jumped as futures open interest resumed the uptrend. Bitcoin (BTC) price rose to $92,000, while the market valuation of all tokens jumped by 2.63% in the last 24 hours to $3.12 trillion. Some of the most notable gainers were tokens like Canton, which jumped by 23%, and SPX6900, Zcash, and Pepe. All the other…
Pi Network price continued its downtrend today, Dec. 8, as a lawsuit filed against the developers in October emerged. Summary Pi Network price has pulled back by double digits in the past few days. A lawsuit against the parent company and its founders was filed in the U.S. The coin’s biggest whale has continued accumulating in the past few days. Pi Coin (PI) token dropped to $0.2200, its lowest level since Nov. 16, and ~23% below the highest point on Nov. 28. It remains much lower than the all-time high. The ongoing Pi Network price crash happened after details of…