Bitcoin may see ‘relief bounce’ as stabilization signs emerge: Analysts
Bitfinex says “extreme deleveraging” and other indicators as factors that could help Bitcoin hold its ground and potentially move higher.
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Citadel causes uproar for urging SEC to regulate DeFi tokenized stocks
Citadel Securities argued that DeFi platforms offering tokenized US stocks should be regulated under securities laws and not get exemptive relief from the SEC.
BlackRock’s top brass says tokenization will bridge crypto and finance
BlackRock is the largest asset manager in the world, with over $13.4 trillion in assets under management, and operates the largest tokenized cash market fund, worth $2.8 billion.
Crypto treasuries lead stock recovery after shaky start to December
Digital asset treasury stocks surged Tuesday, with Ether-focused firms leading gains up to 12.35% as crypto markets rebounded from the sell-off.
Binance names co-founder Yi He co-CEO alongside Richard Teng
Crypto exchange Binance appointed co-founder Yi He as co-CEO, tightening its top team as it leans into regulated global expansion.
Bollinger Bands suggest Bitcoin bottom won’t fall under $55K
A crypto analyst used Bollinger Bands and RSI data to argue Bitcoin’s bear market bottom will not pass under $55,000.
Bitcoin miner Canaan plans adaptive green-energy mining platform
Canaan has been steadily investing in renewable energy projects, with a gas-to-computing pilot in Canada and a deal to deploy miners at a wind-powered data center in Texas.
FDIC acting chair says framework for stablecoin laws coming this month
FDIC acting chair Travis Hill will inform the House Financial Services Committee that the regulator plans to propose how it will apply the GENIUS Act this month.
ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment
Stablecoin yields not being overly high suggests the market hasn’t reached a “major top” and Ether may reach $3,200 in the near term, according to Santiment.
BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov
BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion.