Author: John Smith
The Commodity Futures Trading Commission (CFTC) has launched a pilot program allowing Bitcoin, Ether, and USDC to be used as collateral in U.S. derivatives markets. Summary The CFTC has launched a pilot program allowing Bitcoin, Ether, and USDC to be used as in-kind collateral in U.S. derivatives markets through registered brokers. The program includes enhanced reporting and monitoring to ensure safety and regulatory compliance. It also provides broader guidance for tokenized real-world assets, aiming to integrate cryptocurrencies into traditional finance. The update marks a significant step toward integrating digital assets into traditional finance. Speaking on CNBC’s Squawk Box on Wednesday,…
The United Arab Emirates has deported a founder of Finiko, Russia’s largest recent cryptocurrency pyramid scheme, Russian officials reported. Summary Details about the deported founder are not yet clear. Irina Volk, spokesperson for Russia’s MVD, announced that a person accused of leading a criminal organization and committing large-scale fraud has been transferred to Russian custody at Dubai Airport. Finiko launched in Russia in 2018. The fraudulent project defrauded thousands of investors across the post-Soviet region and internationally, causing millions in losses. Details about the deported founder and the circumstances of the UAE extradition have not been disclosed, as authorities continue…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BI DeFi surges in popularity as cloud mining demand grows, drawing over 2 million investors across 180+ countries in 2025. Summary BI DeFi emerges as a leading 2025 cloud mining platform, serving 2m+ users in 180+ countries with green energy data centers. The platform offers easy cloud mining with daily rewards, no hardware, and low entry barriers for retail crypto investors. BI DeFi ensures security via cold wallets, Lloyd’s insurance, AI monitoring, Cloudflare/McAfee, and PwC audits. Simultaneously with the…
WIF price a sharp rebound from $0.31 as bullish volume returns, reclaiming key structure. A sustained hold above the point of control could open the path toward $0.48. Summary WIF sees a sharp recovery after defending the $0.31 support level. Point of control reclaimed, indicating renewed market strength beneath price. Holding current structure could pave the way for a move toward $0.48. WIF (WIF) price is showing one of its most notable technical recoveries in recent weeks after rebounding aggressively from the $0.31 region. This bounce, backed by clear increases in bullish volume, has shifted short-term sentiment and positioned the…
MSTR stock price retreated by over 1.30% today, Dec. 10, as the company posted its response to MSCI on the proposal to exclude Digital Asset Treasury companies on indices. Summary MSTR stock dropped slightly after Strategy responded to MSCI. MSCI is reviewing whether to delist digital asset treasury companies. Strategy argues that such a move will be discriminatory. Strategy, formerly known as MicroStrategy, dropped to $185, a few points below this week’s high of $197. In a statement, the company explained why MSCI should not exclude it and other similar companies from its indices. It argued that Strategy was an…
NEAR trades at its weakest level since Oct. 10 as intents and revenue surge, with bulls betting a 20-Day MA reclaim and range breakout could mark a major bottom. Summary NEAR has dropped back to its lowest level since Oct. 10 while network intents and revenue grow at triple-digit monthly rates, creating a sharp usage–price divergence. Van de Poppe flags the current zone as the strongest accumulation cluster since October–November, with buyers defending key liquidity and watching a 20-Day MA reclaim for confirmation. A break above near-term resistance would reopen the broader trading range toward prior highs, while failure leaves…
ZKsync will shut down its legacy Lite network in 2026, keeping withdrawals live while steering users to Era and Elastic after major pilots, exploits and a Vitalik-backed upgrade. Summary ZKsync will retire its Lite network in 2026, keeping Ethereum mainnet withdrawals open as it publishes a detailed migration schedule next year. Launched in 2020 as a zk‑rollup testbed, Lite has since been eclipsed by ZKsync Era and the Elastic Network, which enable cross‑chain activity without standard bridges. 2025 brought two security incidents and a Vitalik Buterin endorsement, alongside asset‑tokenization pilots by Tradable, Deutsche Bank and UBS on ZKsync infrastructure. ZKsync…
Tajikistan passes law imposing steep fines and up to 8 years in prison for Bitcoin miners using stolen electricity amid worsening winter energy shortages. Summary New Criminal Code article punishes illegal electricity use for virtual asset mining with fines and multi‑year prison terms. Prosecutor General links gray mining farms to nationwide power shortages, financial losses and money laundering risks. Amendments also target tax evasion in crypto mining and will take effect after President Rahmon signs and publishes the bill. Tajikistan’s parliament has approved legislation imposing prison sentences of up to eight years for individuals who mine bitcoin using electricity illegally…
Bitwise’s $1.25b 10-asset crypto fund wins SEC approval to uplist from OTC to NYSE Arca as a regulated ETP, giving institutions index-style exposure to top coins. Summary SEC approves Bitwise 10 Crypto Index Fund to trade as an exchange-traded product on NYSE Arca after a delayed review and Dec. 4, 2024 rule change certification. The $1.25b rules-based fund tracks the 10 largest cryptocurrencies by market cap and liquidity, with monthly rebalancing and current holdings like BTC, ETH, SOL and XRP. Uplisting from OTC expands access for advisors and institutions, aligning crypto index exposure with traditional ETP structures alongside Grayscale’s multi-asset…
Crypto prices today are edging higher as traders position for the Federal Reserve’s December interest rate decision and a possible shift in liquidity conditions. Summary Bitcoin, Ethereum, and major altcoins rose ahead of the Fed policy decision. Traders expect a 25bp cut with mixed historical reactions after FOMC events. Analysts see possible short-term swings, with key support near $87,000. The total cryptocurrency market value rose 3% to $3.2 trillion, extending a quiet recovery across major assets. Bitcoin gained 2.3% in the past day to $92,496, while Ethereum increased 6% to $3,312. Solana rose 3.9% to $138, continuing its steady climb.…