Author: John Smith
Bitcoin price briefly touched $93.9K today, December 3, sparking excitement, though it’s since pulled back slightly. The market is focused on the December 10 FOMC meeting, which could set the stage for broader trends. With an 87% likelihood of a 25-basis-point rate cut, traders are weighing whether Bitcoin will push higher or face a minor pullback. Summary BTC briefly spiked to $93.9 K on December 3 before pulling back, as markets gear up for the December 9–10 FOMC meeting. Given the possibility of a Fed rate cut, many anticipate a surge in liquidity — a setup that historically tends to favour Bitcoin and…
Gemini stock price crashed to a record low, continuing a trend that started soon after its initial public offering in September. Summary Gemini share price has crashed and triggered a $2.6 billion wipeout. Its drop coincided with the sell-off in Bitcoin treasury companies. Technicals points to more downside, potentially to $5. Gemini Space Station, which the Winklevoss Twins backed, plunged to a record low of $9.70, down by ~80% from its all-time high. Its market cap has dropped from $3.81 billion to the current $1.14 billion. Why Gemini stock price crashed Gemini is a top crypto exchange established by Tyler…
Pi Network price turns increasingly bearish as distribution strengthens across the current trading range, raising the probability of a correction toward the key $0.20 support level. Summary Failed breakout and bearish engulfing candle confirm distribution within the current range. Price struggles to move below multiple levels of resistance, including the 0.618 Fibonacci level and $0.25. Losing the point of control increases the probability of a drop toward the $0.20 value area low. Pi Network price (PI) is showing signs of weakness as price action slips deeper into a developing distribution phase. The asset is now trading below key high-timeframe resistance…
Ethereum breaks above $3,000 after the Fusaka upgrade, which adds PeerDAS and higher blob capacity, but price still must clear a dense EMA cluster to confirm a sustained uptrend. Summary Fusaka introduces PeerDAS, doubles gas capacity, and lays groundwork for two blob-parameter expansions that could cut rollup fees into 2026 as Ethereum price inches up. ETH broke a months-long descending trendline and trades inside a broad triangle, with resistance at the 20/50/200-day EMA cluster and a still-bearish Supertrend. Open interest is rising as traders re-enter leverage; holding higher lows and breaking above the EMA cluster are key to avoiding a…
21Shares has taken another step toward launching a spot Dogecoin exchange-traded fund in the U.S., filing an amendment that reveals the fund’s fee structure and adds fresh operational details. Summary 21Shares updated its S-1 to reveal the fund’s sponsor fee and confirm its cold-storage structure. The amendment arrives during a surge in DOGE-related investment products from major issuers. Trading activity around DOGE has picked up as investors position ahead of potential ETF clearance. In a new development, ETF issuer 21Shares is advancing its push to bring another spot Dogecoin ETF to the U.S. market.The firm filed a new amendment to…
Crypto prices today have rebounded sharply amid improving market sentiment and institutional flows. Summary Market sentiment has improved and liquidations dropped as risk appetite returns. Institutional inflows and ETF activity are supporting short-term gains. Investors are now watching upcoming Fed and BOJ decisions, which could shape Q4 trends Bitcoin climbed 8% to trade at $93,786 at press time, while Ethereum pushed back above $3,000 and BNB broke past $900. Many smaller altcoins saw even bigger gains. Sui jumped 30%, Pudgy Penguins surged 26%, and Hyperliquid gained about 10%. Investor sentiment is also picking up. The Crypto Fear & Greed Index…
Bitcoin’s latest cycle is defined by heavier institutional flows, ETF-driven liquidity and $24B in tokenized RWAs, with volatility nearly halved as $732B in new capital enters. Summary Glassnode estimates Bitcoin absorbed about $732B in new capital this cycle while one-year realized volatility dropped by nearly 50%. Tokenized real-world assets expanded from $7B to $24B in a year as pension funds, hedge funds and corporates seek on-chain exposure via regulated products. ETF rails, deeper liquidity and active market-making have moved flows into traditional infrastructure, tightening spreads and dampening extreme spot price swings. Bitcoin’s current market cycle has shown increased institutional participation…
Kalshi has struck a newsroom deal with CNN that brings its prediction data into a media outlet for the first time. Summary Kalshi’s prediction data will appear on CNN across TV and digital segments. The company raised $1 billion at an $11 billion valuation to expand markets and blockchain integrations. Legal wins and new distribution give Kalshi a stronger path toward wider, real-time adoption. Kalshi has taken a major step into mainstream media after securing an exclusive partnership that brings its real-time prediction market data directly into CNN’s newsroom. The company announced the deal on Dec. 2, in a statement…
Kraken, the third-largest centralized exchange by volume in the U.S., announced the acquisition of Backed Finance on Tuesday to expand its tokenized stock offering. Summary Kraken agreed to buy Backed Finance for an undisclosed price. Backed Finance boasts 23% market share; it offers exposure to more than 60 tokenized equities and ETFs. The integration is expected to enhance Kraken’s capabilities. The acquisition will support Kraken’s tokenized equity platform, xStocks, which surpassed $10 billion in total trading volume in November, according to the company. “Bringing Backed fully into our ecosystem also allows greater alignment on strategy and investment priorities, unlocking the…
Michael Burry, the investor known for predicting the 2008 financial crisis, has renewed his criticism of Bitcoin, stating the cryptocurrency is “worth nothing.” Summary Michael Burry says Bitcoin is “worth nothing” The investor, famous for predicting the 2008 financial crisis, renewed his criticism of the cryptocurrency as a speculative bubble lacking fundamental support. Crypto markets remain volatile and sensitive to regulation and investor sentiment. Burry claimed Bitcoin’s rise to six-figure price levels represents a speculative bubble not supported by quantifiable fundamentals. The investor noted on Michael Lewis’ podcast that widespread acceptance of Bitcoin’s elevated valuations demonstrates market behavior consistent with…