Author: John Smith
Aster price remains stable around the $0.92 support zone as buyers defend the value area low, raising the possibility of a bottom forming and a potential rotation toward higher resistance levels. Summary ASTER maintains stability above the $0.92 support and value area low. Repeated buybacks hint at accumulation and early bottom formation. A reclaim of the Point of Control could trigger a move toward $0.09 HTF resistance. Aster (ASTER) continues to demonstrate impressive stability amid broader market volatility, holding firmly around the critical $0.92 support region. Despite external market pressure and fluctuating sentiment, ASTER has retained structure and maintained a…
Shiba Inu Coin price has been in a freefall this year as demand for meme coins waned. This rebound could be about to end as key fundamentals and technicals align. Summary Shiba Inu Coin price has dropped and is now in a technical bear market. Whales have started buying SHIB as the supply in exchanges has tumbled. Technical analysis suggests that the token has more upside in the near term. Shiba Inu (SHIB) token was trading at $0.00000841 today, Dec. 12, a few points above the year-to-date low of $0.00000753. It remains ~75% below its highest point in November last…
Pi Network’s first Open Network hackathon crowned Blind_Lounge and other utility-focused Mainnet apps, highlighting growth but with clear risk disclaimers for users. Summary Pi Network’s Core Team picked Blind_Lounge as the top Mainnet app, with Starmax and RUN FOR PI taking second and third in a 215-submission hackathon. Honorable mentions like Kindrek, Workflet For Pi, PallyPay, SimpleJoy, and Agora Pulse show a push toward payments, work tools, and social use cases. The Core Team stressed these are independent projects, warning users to expect bugs and use all third-party Pi apps at their own risk. Pi Network’s Core Team announced the…
Trump’s CFTC pick Michael Selig heads for a Senate vote as the agency scraps “actual delivery” rules, greenlights spot crypto on futures bourses, and tests RWA collateral. Summary Michael Selig, Trump’s nominee to lead the CFTC, faces a full Senate vote after a narrow committee approval, promising to make the U.S. “Crypto Capital of the World.” The CFTC scrapped its 2020 “actual delivery” guidance, folded Bitcoin, Ethereum, and others back into a tech‑neutral regime, and allowed spot crypto trading on long‑regulated futures venues. A new pilot lets Bitcoin, Ether, USDC, and tokenized Treasuries serve as collateral under tight reporting, while…
Bitcoin’s growing correlation with AI stocks and credit leaves it exposed to an AI bubble unwind, but future easing could reignite BTC as liquidity returns. Summary Bitcoin’s correlation with Nvidia, Oracle and the Nasdaq has risen, making BTC vulnerable to any sharp AI-led risk-off move and credit repricing. Central banks and the IMF warn that AI-fueled valuations, leverage and private credit structures could trigger a disorderly correction across risk assets. Analysts say an AI credit shock would likely hit Bitcoin first, but subsequent monetary easing has historically driven strong BTC upside as liquidity recovers. Bitcoin faces dual risk from potential…
Nasdaq-listed Hyperliquid Strategies approves a $30m stock buyback over 12 months to tighten its share price link to HYPE as it scales a treasury of staked tokens. Summary Hyperliquid Strategies authorized a $30m repurchase over 12 months to support the share price and increase per-share exposure to its HYPE token treasury. The vehicle emerged from a merger between Sonnet BioTherapeutics and a Paradigm-backed SPAC and now holds a large HYPE allocation for staking and DeFi. Backers include D1, Galaxy Digital, Pantera, Republic Digital and 683 Capital, while Hyperliquid’s perp DEX has become a top on-chain futures venue. Hyperliquid Strategies has…
YouTube has taken a subtle step that could reshape the way creators manage their income. Summary YouTube now supports PYUSD payouts for U.S. creators. PayPal handles conversion and settlement inside its network. PYUSD has been growing as banks and platforms expand stablecoin use. YouTube will now let U.S. creators receive payouts in PayPal’s PYUSD stablecoin, marking one of the clearest steps Big Tech has taken toward crypto-linked earnings. The update was shared in a Dec. 12 Fortune report, which cited PayPal’s head of crypto, May Zabaneh, saying the feature is already live for eligible users. How PYUSD payments are being…
JPMorgan Chase & CO. on Thursday became one of the first major global banks to use a public blockchain to issue a $50 million U.S. commercial paper for Galaxy Digital Holdings. Summary JPMorgan used the Solana blockchain for the issuance. Scaramucci praised JPMorgan’s move, calling it “good news” for his investment thesis and supportive of his bullish stance on Solana and Avalanche. Coinbase Global and Franklin Templeton reportedly purchased the debt instrument, paying with USD Coin, a stablecoin issued by Circle. J According to Reuters, the New York-based bank used the Solana (SOL) blockchain for the issuance. Coinbase Global and…
Two Bitcoin wallets linked by analysts to Silk Road-era activity moved a substantial amount of cryptocurrency in May, with follow-up activity on Dec. 10 adding to a pattern of dormant supply movements, according to blockchain tracking data. Summary Two long-dormant Bitcoin wallets tied by analysts to Silk Road–era activity moved more than 3,400 BTC in May, with additional consolidation on Dec. 10. Forensic data shows the funds—sourced from wallets dormant since 2013—were redirected to new SegWit P2WPKH addresses, a structure analysts say is consistent with re-keying instead of preparation for sale. Market observers note that U.S. Bitcoin ETFs absorb substantial…
Canadian financial technology analysts have issued forecasts projecting expanded adoption of XRP in digital payment systems, according to reports circulating in cryptocurrency markets. Summary Canadian fintech researchers are forecasting wider adoption of XRP in digital payments. Analyst Skipper_xrp noted growing XRPL ecosystem activity—including interest in the raccoon-themed RACO token—while also pointing to new U.S. regulatory clarity. The ruling allows banks to facilitate XRP trades within a regulated framework, which analysts say could boost institutional integration and strengthen XRP’s positioning. Financial institutions have continued to implement blockchain-based settlement systems, prompting several Canadian researchers to issue projections on XRP’s potential role in…