Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.
Polkadot Surges 13% After Breaking Above Key Resistance
The token outpaced broader crypto markets as volume spiked 34% above weekly averages.
Over $300M in Shorts Liquidated as Bitcoin Surges Past $91K
The enhanced volatility in the cryptocurrency markets has returned in full force at the start of December, but in the right direction now. After yesterday’s crash to under $84,000, the market leader went on a tear and surged past $91,000 minutes ago. The analysts from the Kobeissi Letter said the asset is on its way […]
Trust Wallet Enters Prediction Markets Race With New Trading Feature
Trust Wallet has launched a prediction markets feature that lets its 200 million users trade real-world event outcomes directly from their wallets without leaving the app. The wallet-native tool went live on December 2 on Myriad on BNB Chain, with integrations with Polymarket and Kalshi to follow soon. The move positions Trust Wallet inside a […]
Bitcoin Price Prediction: This Week Could Define the Whole Year – Everyone is Watching What BTC Does Next
Volatility has returned to the crypto market as Bitcoin briefly plunged over 7% to $83,800 before rebounding above $86,000. This sharp move has turned the first week of December into a potential turning point for how Bitcoin price predictions will unfold heading into 2025. This sudden shift arrives just as macro data, central bank decisions, […]
Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop
The company also plans to sell shares to fund the repurchase of existing debt.
A simple breakdown of Strategy’s Bitcoin plan and what could shape future sales
A clear look at Strategy’s Bitcoin model, the conditions that could trigger sales and how to understand future updates within the proper context.
Why Solana’s crypto casino changed hands from memecoins to prediction markets
Solana’s memecoin trading registered $13.9 billion in monthly volume last month, the lowest print since February 2024, when the mania hadn’t yet caught fire. At the same time, Polymarket clocked $3.7 billion in volume, its best month since launch, while Kalshi posted $4.25 billion in volume, its second-best performance. Together, the two largest prediction platforms […]
Bank of America Goes Bullish on Bitcoin With New 1–4% Client Allocation
Bank of America is making one of its biggest moves into crypto yet. Beginning in January, the bank will let its wealth advisers recommend putting 1% to 4% of a client’s portfolio into digital assets, mainly through spot Bitcoin ETFs. Until now, Bank of America allowed clients to buy crypto on their own but did […]
American Bitcoin stock tumbles 50% as BTC proxy trade unravels
ABTC shares plunged by more than 50% in early trading as the broader crypto market downturn triggered a sharp repricing of mining and treasury stocks.
XRP Price Steadies at $2.20 as Heavy Liquidity Cluster Intensifies Near $2.15
The short-term XRP liquidation heatmap shows a dense liquidity band forming around $2.15, creating a narrow trading zone for the asset. The price currently trades near $2.20, and the chart highlights a concentration of leveraged positions that cluster around the noted level. This development appears during a period of limited volatility, and the data shows […]
Worst Signal on Record? What the Z-Score Crash Means for BTC’s Price
Yesterday, Bitcoin (BTC) dipped below $84,000, wiping out billions of dollars in leveraged positions in only a matter of hours. The plunge also marked one of the cryptocurrency’s biggest distortions on record over one day, with Binance data showing a –4.45 Z-score spike, which is an extremely rare reading that points to severe market imbalance. […]