Bitcoin Surges Above $92K Consolidating Gains
The US Federal Reserve has ended its Quantitative Tightening program, injecting $13 billion into markets. $BTC rose 4% to $93,800; $XRP increased 8% to $2.18. #Update #Crypto $XRP
The US Federal Reserve has ended its Quantitative Tightening program, injecting $13 billion into markets. $BTC rose 4% to $93,800; $XRP increased 8% to $2.18. #Update #Crypto $XRP
Connecticut’s Department of Consumer Protection orders @RobinhoodApp, @cryptocom, and Kalshi to cease unlicensed sports wagering operations. #Breaking #Legal
Rep. Marjorie Taylor Greene increased her Bitcoin exposure by investing in @BlackRock’s Bitcoin ETF during a market dip, joining other US politicians boosting crypto holdings. #Update #Crypto $BTC
@BitwiseInvestments CIO Matt Hougan rejects claims that Strategy must sell $BTC, asserting no index changes or market pressure necessitate liquidation. Current cash reserves cover obligations for over a year. #Update #Crypto $BTC
$ETH outperformed $BTC this week with $360M in spot ETF inflows versus $120M for Bitcoin, indicating a shift in investor preference and potential for a 20% rally. #Update #Crypto $ETH
The International Monetary Fund warns stablecoins, primarily tied to the U.S. dollar, could undermine monetary policy and financial sovereignty in certain nations. #Update #Crypto $USDT
Bitcoin, Ethereum, and Solana show signs of a potential high-time-frame reversal as they stabilize at key support levels. MacroCRG highlights bullish signals across these assets. #Update #Crypto $BTC
IMF warns stablecoins’ rapid expansion reshapes financial access, raising regulatory concerns. Economists urge unified oversight to address risks. #Update #Finance
Base launches a cross-chain bridge to Solana, secured by Chainlink CCIP and Coinbase infrastructure, enhancing SOL and SPL asset transfers. #Update #Crypto $SOL
@Coinbase’s Layer-2 network Base has launched its first Solana bridge, enabling seamless crypto transfers between the two networks, enhancing cross-chain activity and user access to decentralized applications. #Update #Crypto $SOL
@Grayscale’s GLNK ETF launched on Dec. 2 with $13M in trading volume and $41M inflows, offering direct exposure to Chainlink’s infrastructure amid concerns about the token’s price and private banking solutions. #Update #Crypto $LINK
BlackRock CEO Larry Fink reports sovereign funds are accumulating Bitcoin at $80,000, viewing it as a hedge against financial instability amid market volatility. U.S. risks losing digital asset leadership. #Update #Crypto $BTC
@HuaXiaBank issued 4.5 billion yuan ($600M) in tokenized bonds, aiming to streamline auction processes using China’s digital yuan with a fixed yield of 1.84%. #Update #Crypto $CNY
@DigitalAsset secures strategic investments from BNY, Nasdaq, S&P Global, and iCapital, emphasizing Wall Street’s growing support for blockchain infrastructure in regulated markets. #Update #Crypto $BTC $ETH