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Fear grips the market as BTC price tests support, altcoins weaken

The crypto market showed few, if any, signs of recovery on Tuesday with bitcoin BTC$91,380.91 trading at $91,400 while ether ETH$3,051.96 traded around $3,060. The fear and greed index is now flashing 15/100, a low not seen since April, before the bitcoin price defied bearish expectations by surging to over $100,000 from $76,000 in a […]

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German Exchange Adds SocGen’s MiCA Stablecoins to Core Market Systems

Deutsche Börse Group (DB1) and Societe Generale-FORGE plan to bring regulated euro and dollar stablecoins into the systems that underpin some of Europe’s biggest financial markets, the companies said on Tuesday. The groups signed an agreement to integrate SG-FORGE’s euro and dollar CoinVertible tokens with Deutsche Börse’s post-trade operations, including Clearstream. Today, most settlement takes

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Bitcoin dominance bleeds with price, but market watchers say Altcoin season is on hold

Bitcoin BTC$91,568.78 has seen a sharp decline this month, accompanied by a drop in its dominance rate, the share of BTC’s market capitalization in relation to the overall cryptocurrency market. A lower dominance rate is often interpreted as investors rotating out of bitcoin and into altcoins, fueling speculation about the arrival of an “alt season”.

Bitcoin dominance bleeds with price, but market watchers say Altcoin season is on hold Read More »

Record outflow of $1.26 billion. hits BlackRock Bitcoin ETF (IBIT) while costs for bearish options rise

BlackRock’s spot bitcoin ETF, IBIT, has recorded record outflows this month amid a drop in price and a sharp rise in the price of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded net outflows of $1.26 billion so far this month, marking the largest monthly redemption

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Mastercard selects polygon to bring verified usernames to self-managed wallets

Mastercard ( MA ) has chosen Polygon to operate a new system that lets people send crypto to verified usernames instead of long wallet addresses, the companies said Tuesday. Mastercard Crypto Credential standardizes how blockchain addresses are verified by enabling human-readable aliases that correspond to a verified individual, the company said in an emailed press

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Pulling back from $2.27 Peak but maintaining uptrend structure above $2.15

Technical breakdown accelerates despite institutional product rollouts as XRP tests critical support amid broader market weakness. News background Several XRP ETFs launched throughout November, including Franklin Templeton’s EZRP on November 18, joining Canary Capital’s XRPC and several Bitwise products. Combined first-week ETF flows exceeded $245 million, signaling significant institutional interest during the rollout. Despite strong

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El Salvador buys 1,090 Bitcoin as IMF pressure increases

El Salvador is doubling down on its bitcoin strategy during one of the sharpest selloffs of the year, adding more than 1,000 BTC to its national BTC coffers. The government has now accumulated nearly 7500 BTC, a position built through a one-BTC-per-day policy that continues despite IMF conditions discouraging further public holdings, although El Salvador

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DOGE Eyes Rebound After Multi-Year Trendline Break Tests $0.15 Floor

The memecoin is testing critical support after whale accumulation fails to offset accelerating technical deterioration and institutional selling pressure. News background • Whale cohorts have accumulated 4.72B DOGE (~$770M) over the past two weeks despite price declines• Speculation grows around Bitwise and Grayscale preparing spot DOGE ETF filings• BTC’s death cross and extreme fear sentiment

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FDT welcomes Dubai’s $456m freeze welcome as Techteryx seeks to recover TrueUSD reserves from Aria

With a Dubai court freezing $456 million tied to TrueUSD’s reserves, First Digital Trust said it is backing Techteryx’s efforts to recover the funds after they became illiquid in 2023 following transfers to complex investment structures linked to Aria Group, a shortfall that required an emergency bailout from Justin Sun to keep the stablecoin afloat.

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