Russia Bans Crypto for Domestic Payments
Russia reinforces its stance against crypto as payment, maintaining the ruble’s exclusivity domestically, while allowing digital assets for cross-border trade. #Update #Crypto $BTC
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Bitcoin and Ethereum Set for New Highs
@DaveTheWave predicts Bitcoin is poised for a breakout, targeting nearly $129,000 as it attempts to breach resistance at $115,000. Current price: $112,484. #Update #Crypto $BTC (+6) ↗
Bitcoin Death Cross Panic Resurfaces
Bitcoin’s “death cross,” where the 50-day moving average falls below the 200-day, sparks client inquiries. VanEck’s Matthew Sigel highlights historical returns and market cycles. #Update #Crypto $BTC
Bitcoin Boosts Stablecoin Payments with $8M Investment
@Tether is investing $8 million in Speed to enhance stablecoin payments on the Bitcoin Lightning Network, aiming for efficient transactions with USDT. Speed processes over $1.5 billion annually, serving 1.2 million users. #Update #Crypto $USDT
Bitcoin Lightning Network Surges to 5,606 BTC
Lightning Network capacity reaches 5,637 BTC as exchanges like @Binance and @OKX increase off-chain channels, enhancing liquidity and transaction efficiency. #Update #Crypto $BTC
Bitcoin Outshines Gold as Analyst Warns
Crypto analyst Michaël Van De Poppe claims gold is overvalued against Bitcoin ($BTC), noting the RSI indicates a potential rotation with BTC historically bottoming when RSI dips below 30. Current price: $85,583. #Update #Crypto $BTC (-5) ↘
Ethereum’s Future Depends on Bitcoin’s Stability
Market analyst Benjamin Cowen states Ethereum’s (ETH) potential gains depend on Bitcoin (BTC) maintaining its position above the 50-week moving average; BTC currently trades at $98,653, below this key level. #Update #Crypto $ETH (-8) ↘
Bitcoin Under Pressure Amid Yen Trade Unwind
The yen carry trade unwind impacts global liquidity, potentially affecting $BTC as Japan raises rates while the Fed eases. #Update #Crypto $BTC
Bitcoin Support Launches in MetaMask Wallet
@MetaMask adds native support for $BTC, enabling users to trade and manage Bitcoin alongside other assets in its wallet. Users can now buy and swap BTC with local currencies. #Update #Crypto $BTC
Bitcoin and Ethereum Approved as Derivatives Collateral
@CFTC announces a pilot program allowing Bitcoin ($BTC), Ethereum ($ETH), and USD Coin ($USDC) as collateral in US derivatives markets, enhancing regulatory clarity and customer protection #Update #Legal $BTC
Bitcoin and Ethereum Futures Launch in December
@CboeGlobalMarkets is set to launch “perpetual-style” futures for $BTC and $ETH on December 15, featuring 10-year expirations and daily cash adjustments, pending regulatory review. #Update #Crypto $BTC
Bitcoin Bullishness Soars as Fundamentals Strengthen
Fundstrat’s Tom Lee asserts that market dynamics favor long-term bullishness for crypto, citing only four million Bitcoin wallets with $10,000 compared to 900 million global IRA accounts. BitMine Immersion added 102,259 Ethereum to its holdings. #Update #Crypto $ETH
Bitcoin’s Quiet Price Action Sparks Danger
Bitcoin struggles below $90K as liquidity deteriorates; CryptoQuant’s IFP metric signals structural fragility, increasing risk of sudden price moves. #Update #Crypto $BTC
Bitcoin Launches Texas Crypto Reserve with $5M
Texas has launched the nation’s first strategic Bitcoin reserve, purchasing $10 million in Bitcoin at $91,336 per coin to strengthen its balance sheet. $BTC is currently trading at $92,311. #Breaking #Crypto $BTC (-8) ↘