K33 Says Long-Term Bitcoin Holder Selling May Be Nearing Exhaustion
Bitcoin’s prolonged sell-side pressure from long-term holders may be approaching its limits after years of steady distribution, according to a new report from research and brokerage firm K33. Key Takeaways: About 1.6 million BTC from long-term holders have returned to circulation since 2024. K33 says the scale points to deliberate selling, not technical wallet movements. […]
HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise
HashKey Holdings saw its shares slip 3% on Wednesday during its Hong Kong trading debut, closing at HK$6.51 after pricing near the top of its marketed range at HK$6.68, according to CNBC. The crypto exchange raised $206 million in its initial public offering, marking the first public listing by a digital asset company in the […]
Tether Launches PearPass, a Peer-to-Peer Password Manager Without Cloud Storage
Tether unveiled PearPass, a peer-to-peer password manager that eliminates the need for cloud storage and centralized servers, amid major breaches that have exposed billions of credentials. The stablecoin giant announced that its free application synchronizes encrypted passwords directly between user devices via a peer-to-peer architecture, removing traditional cloud infrastructure vulnerabilities that have plagued competitors. PearPass […]
Circle Partners With LianLian Global to Explore Stablecoin Payments
An affiliate of Circle Internet Group, Inc. (NYSE: CRCL), the issuer of stablecoin USDC through its regulated entities, announced on Wednesday that it has signed a Memorandum of Understanding with LianLian Global, a licensed cross-border payments provider, to explore expanding the use of USDC. We are collaborating with LianLian Global to explore stablecoin-powered infrastructure for […]
Pudgy Penguins Price Prediction: PENGU Price Crashes 20% in a Week, Is a Recovery Possible this December?
Pengu price is down almost 80% from its highs near $0.04 and nearly broke to a new multi-month low after news that the SEC is targeting VC capital that invested in Pudgy Penguins. According to crypto journalist Kate Irwin, the SEC sued crypto venture firm Shima Capital and its founder, Yida Gao, three weeks ago, […]
XRP Consolidates at $1.99 as Trading Range Levels Remain Intact
XRP was trading around a key technical zone as the price was moving around the lower edge of a pre-established range. In the recent trading, XRP traded at a price of $1.99, which represents a 0.7% decrease in the last 24 hours. The price action was still contained in distinctly identified support and resistance levels, […]
Bitcoin ‘Scam’ Myth Exposed: How Prospect Theory Explains Investor Panic and Losses
Bitcoin (BTC) critics have returned to a familiar refrain, calling the asset a scam as it struggles to go back to the five-figure level it last enjoyed in mid-November. However, crypto commentator Shanaka Anslem Perera has reframed the argument as a psychological response rather than a financial one, tying panic selling to Nobel Prize–winning prospect […]
Aptos drops 5% to $1.50 as volume spikes above monthly average
The token has resistance at the $1.53 and then the $1.64 levels.
Ripple and SBI are redefining XRP DeFi, targeting a billion-dollar yield stream that ignores on-chain mechanics
SBI Ripple Asia signed a memorandum of understanding with Doppler Finance to explore XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger, the firms said Dec. 17. According to information shared with CryptoSlate, firms said they will explore collaboration on yield infrastructure for XRP, which lacks native staking, as well as RWA tokenization […]
Bitcoin’s Lightning Network Capacity Hits New-All Time High
Bitcoin Magazine Bitcoin’s Lightning Network Capacity Hits New-All Time High Bitcoin’s Lightning Network, the layer-2 payments system designed to make Bitcoin faster and cheaper to use, has reached a new all-time high in capacity, signaling renewed institutional interest even as grassroots adoption lags. Data from AMBOSS shows Lightning capacity climbed to 5,637 BTC yesterday, surpassing […]
Russia Draws Firm Line on Digital Assets, Keeping Crypto Out of Domestic Payments
Russia has reiterated its firm stance on crypto, drawing a clear distinction between digital assets and traditional currency. While global debate continues over whether crypto can coexist with national currencies, Russian lawmakers are reinforcing a long-held view. Inside the country, payments remain the sole domain of the ruble. The position comes as crypto usage grows […]
Saylor’s Long Bitcoin Bet Has Left Corporate Rivals Behind: Crypto Entrepreneur
Michael Saylor’s firm Strategy continues to make Bitcoin headlines with its enormous purchases, making it one of the largest holders in the world. Reports show the company owns 671,268 Bitcoin, roughly 3.2% of the total supply, valued at about $58.61 billion at the time of publication, according to Saylor Tracker. Bitcoin entrepreneur Anthony Pompliano said […]