Author: James Wilson
Bitcoin trades about 27% below its $125k high, yet 67% of supply remains in profit above the key 50% band, signaling only moderate bearish pressure so far. Summary Bitcoin has corrected roughly 27–35% from its October all-time high near $125k, but two-thirds of supply still sits in profit versus acquisition price. The supply-in-profit metric, tracked by Adler AM, stays above the 50% “capitulation” line, echoing early-2022 correction conditions rather than a full market top or deep bear. Short-term moving averages and a recovering drawdown suggest a local base may be forming, though a drop in profitable supply below 50% could…
Bhutan launches TER, a fully gold-backed token on Solana, as part of a wider strategy spanning tokenized assets, CBDC pilots, and Ethereum-based digital ID. Summary Bhutan’s Gelephu Mindfulness City launches TER, a sovereign-backed token fully collateralized by physical gold and issued on Solana. DK Bank is exclusive distributor and Matrixdock provides tokenization infra, offering on-chain proof of reserves and instant settlement. TER expands Bhutan’s digital strategy alongside a Ripple CBDC pilot, Bitcoin reserves, and a national ID migration to Ethereum by 2026. Bhutan has launched TER, a sovereign-backed digital token fully collateralized by physical gold reserves, marking the country’s latest…
Terra (LUNA) surged sharply ahead of Do Kwon’s upcoming sentencing, fueled by market speculation and recent ecosystem updates. Summary Terra price jumped strongly over the past day after a long period of consolidation. Trading activity and open interest indicate traders are taking fresh positions, supporting the short-term momentum. The move is event-driven, and analysts caution that the verdict could trigger rapid reversals. Terra traded around $0.2076 at press time, up 39% in the past day, The token has hovered between $0.147 and $0.243 in the last 24 hours. The move extends a sharp 7-day rally of 188% and a 30-day…
Crypto prices today pulled back as traders unwound positions following a brief bounce after the Federal Reserve’s latest rate cut. The total crypto market cap has fallen 3% to $3.1 trillion. Bitcoin traded at $89,975, down 2.7% in the past… Source link
Gemini has received approval for prediction markets in the U.S., with GEMI stock jumping after the news. Summary Gemini Titan receives a CFTC license to run regulated prediction markets. U.S. customers will soon trade event-based contracts directly on Gemini. GEMI shares jump in after-hours trading after the announcement. Gemini has secured approval for a Designated Contract Market license, clearing the way for the exchange to bring regulated prediction markets to U.S. users for the first time. The exchange announced on Dec. 10 that its affiliate, Gemini Titan LLC, received a DCM license from the Commodity Futures Trading Commission after a…
The United Arab Emirates has deported a founder of Finiko, Russia’s largest recent cryptocurrency pyramid scheme, Russian officials reported. Summary Details about the deported founder are not yet clear. Irina Volk, spokesperson for Russia’s MVD, announced that a person accused of leading a criminal organization and committing large-scale fraud has been transferred to Russian custody at Dubai Airport. Finiko launched in Russia in 2018. The fraudulent project defrauded thousands of investors across the post-Soviet region and internationally, causing millions in losses. Details about the deported founder and the circumstances of the UAE extradition have not been disclosed, as authorities continue…
The Commodity Futures Trading Commission (CFTC) has launched a pilot program allowing Bitcoin, Ether, and USDC to be used as collateral in U.S. derivatives markets. Summary The CFTC has launched a pilot program allowing Bitcoin, Ether, and USDC to be used as in-kind collateral in U.S. derivatives markets through registered brokers. The program includes enhanced reporting and monitoring to ensure safety and regulatory compliance. It also provides broader guidance for tokenized real-world assets, aiming to integrate cryptocurrencies into traditional finance. The update marks a significant step toward integrating digital assets into traditional finance. Speaking on CNBC’s Squawk Box on Wednesday,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto payments are no longer optional, they offer fast, secure, and global options customers expect. Summary Accept crypto online with a payment processor like CoinsPaid for fast, global, and low-fee transactions. Crypto payments reduce fees, speed up settlement, and let businesses reach global buyers 24/7. CoinsPaid’s processor handles invoices, confirmations, and conversions for 20+ crypto coins securely. Accepting crypto is no longer a novelty. Customers want fast, global, and secure ways to pay. A modern crypto payment processor gives…
The Sei token, native to the layer-1 blockchain network Sei, gained value on December 10, following the announcement of a strategic partnership with Xiaomi Corporation to integrate crypto wallet technology into the smartphone manufacturer’s devices. Summary Sei token jumped after the network announced a partnership with Xiaomi to pre-install a Sei crypto wallet on new smartphones. Integration targets Europe, Latin America, Southeast Asia, and Africa, enabling dApp access and peer-to-peer transfers. Sei Labs and Xiaomi project tens of millions of new users, supported by Sei’s new $5M Global Mobile Innovation Program. The token posted intraday gains while most major cryptocurrencies…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Real Finance secures $29m to scale its RWA tokenization infrastructure and target $500m in on-chain assets. Summary Real Finance raises $29m to expand its RWA infrastructure and targets tokenizing $500m in assets in its first year. Nimbus Capital leads a $29m commitment to Real Finance as it builds compliant rails for global real-world asset tokenization. Real Finance eyes rapid expansion, partnering with global banks to scale secure, regulated RWA tokenization. Real Finance, the real-world asset (RWA) tokenization network, has…