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Cloudflare’s recent outage has prompted renewed calls in the crypto community for the adoption of Decentralized Physical Infrastructure Networks (DePIN) to address internet reliability issues. #Update #Crypto
U.S. Senators, including Elizabeth Warren, are negotiating crypto market regulations while probing Trump’s ties to World Liberty Financial Inc. over token sales to illicit actors. #Update #Crypto $BTC
@Robinhood is initiating a three-phase plan to create a permissionless financial ecosystem, starting with tokenized stocks in Europe, aiming for full DeFi compatibility by phase 3. #Update #Crypto $ARB
@Kraken raised $800M in funding, including $200M from Citadel Securities, to enhance blockchain infrastructure and expand into new markets. Valued at $20B, Kraken aims for more trading tools and services. #Update #Crypto $BTC
Chainlink’s $LINK surged 4.17% to nearly $14, breaking resistance levels amid increased institutional demand, with trading volume up 95%. Key support at $13.30; targets at $14.25-$14.50. #Update #Crypto $LINK
Canada’s government passed a federal budget that includes a stablecoin policy overseen by the Bank of Canada, requiring issuers to maintain one-to-one reserves and prohibiting interest on stablecoins. #Update #Crypto $CAD
@Revolut partners with @Polygon Labs to enable UK and EEA customers to send/receive $USDC and $USDT via the Revolut app, processing over $690M in transactions since December 2024. #Update #Crypto $MATIC
@Fidelity launches the Fidelity Solana Fund (FSOL) ETF on NYSE Arca, marking its entry into the Solana market with staking features. Canary Capital also introduces a competing ETF today. #Update #Crypto $SOL
XRP dropped 4.96% to $2.16, breaking key support at $2.20 despite strong ETF inflows; trading volume surged 54.56%. Price recovery stalled under $2.18, indicating bearish momentum persists. #Update #Crypto $XRP
Dubai court freezes $456M linked to TrueUSD reserves as @FirstDigitalTrust supports Techteryx’s recovery efforts from Aria Group, which caused liquidity issues requiring Justin Sun’s bailout. #Update #Crypto $FDUSD
A degen gambler lost $5.5M on HyperLiquid after shorting $BTC, $XRP, and $ZEC with leveraged positions totaling $168M; remains in bearish trades worth $115M on GMX. #Update #Crypto $BTC
$XLM slips 1.2% to $0.2548 after a volume spike of 30.4M XLM signals bearish momentum, breaching key support at $0.2527 and targeting $0.2500 next. #Update #Crypto $XLM
Cboe Global Markets will launch Bitcoin Continuous Futures ($BTC) and Ether Continuous Futures ($ETH) on Dec. 15, offering U.S. traders long-term exposure to crypto without rolling contracts. #Update #Crypto $BTC $ETH
@Figure stock surged 10% to $44.45 after hedge fund titan Stanley Druckenmiller invested $77M, with analysts raising price targets amid growing institutional interest in blockchain and AI lending. #Update #Crypto $FIGURE
