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BONK falls 9% as technical breakdown overshadows Swiss ETP debut

BONK fell 9.32% to $0.000008805 over the past 24 hours, extending a steep decline that pushed the Solana-based memecoin to new cycle lows. The decline unfolded despite a notable milestone for the asset last week: Bitcoin Capital AG listed the first BONK exchange-traded product (ETP) on Switzerland’s SIX exchange on November 27. The breakdown began […]

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Michael Saylor’s Strategy (MSTR) manages big bounce after early Monday dip

An overnight drop in the price of bitcoin combined with a hard-to-digest capital raising to send Strategy ( MSTR ) shares down 12.5% ​​to their weakest level in nearly 15 months in US morning trading on Monday. And yet, despite no rejection in the price of bitcoin BTC$86,815.51 – which remained close to session lows

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US FDIC chief says first Stablecoin regulations headed for proposal this month

The acting head of the US Federal Deposit Insurance Corp. said the banking regulator expects to begin proposing rules for stablecoin issuers by the end of December, according to testimony Travis Hill is preparing to deliver Tuesday before the House Financial Services Committee. First up on the regulator’s agenda for implementing the Guiding and Establishing

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$11T Asset Management Giant Vanguard Provides Client Access to Crypto ETFs

Vanguard, one of the world’s largest asset managers with about $11 trillion in assets under management, will begin allowing clients to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, according to Bloomberg. “Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,”

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Bitcoin (BTC) Mining Earnings Fall For Fourth Month In A Row: JPMorgan

Bitcoin BTC$86,327.55 mining profitability fell for a fourth straight month in November, according to a Monday report from JPMorgan (JPM). Daily block reward gross profit also fell 26% from the previous month, analysts Reginald Smith and Charles Pearce wrote. The Bitcoin network’s hash rate fell 1% to an average of 1,074 exahashes per second (EH/s)

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Prediction Market News: Kalshi Makes Effort For Tokenization

Kalshi is now offering tokenized versions of its event-contract bets on Solana, the company told CNBC, marking its clearest bid yet to attract crypto traders who have retreated to on-chain platforms like Polymarket. The setup tokenizes Kalshi’s existing event markets, spanning politics to macro data, and makes them tradable on Solana, according to Monday’s report.

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11% down as crypto sell-off overshadows ETF launch news

Oracle network Chainlink’s native token broke below $12 on Monday as the broader crypto market pullback overwhelmed anticipation for the token’s US spot ETF debut. The LINK token fell more than 11% over the past 24 hours, with a bearish technical picture pointing to a breakdown, noted CoinDesk Research’s technical analysis tool. The weakness came

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US House Lawmakers Describe Complaints About Government ‘Choke Point 2.0’

The US government deliberately tried to hold back crypto development for years, according to a report released by US Representative French Hill, who has been at the center of the congressional push to establish crypto policies. The Republican chairman of the House Financial Services Committee issued a lengthy report on Monday detailing the federal government’s

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Bitnomial Wins Approval to Debut First CFTC-Regulated Spot Crypto Trading Platform

Bitnomial, a Chicago-based derivatives exchange, is preparing to roll out the first spot cryptocurrency trading platform overseen by the US Commodity Futures Trading Commission (CFTC). The Chicago-based derivatives exchange’s self-certified rules went into effect on Friday, authorizing it to list both leveraged and non-leveraged spot crypto products. The approval opens the door for clients to

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JPMorgan and Strikes chief executive Jack Mallers declined to comment further on the debanking

When a Wall Street banking giant and a crypto boss start a public battle over bank resolution, the world takes notice and the back and forth gets messy. Jack Mallers, CEO of crypto payment firm Strike, dropped a bombshell on social media on November 23, saying that JPMorgan closed all of its accounts for no

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