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Figment, OpenTrade and Crypto.com offer 15% Stablecoin Yield product to institutions

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Figment, a major infrastructure provider with $18 billion in assets at stake, is partnering with OpenTrade and Crypto.com to offer a new return product aimed at institutional investors looking for returns on stablecoins. The product provides around 15% annual return based on past performance by betting Solana SUN$131.79 and using perpetual futures to offset token […]

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Even the prediction markets didn’t see BTC’s selloff coming

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s slide into the low 90s has forced the prediction

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ICP falls as split below $5.00 extends multi-session weakness

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ICP fell to $4.8119 over the last 24 hours, down 5.57%, as the token extended its retracement from last week’s highs. The move pushed ICP sharply below the $5.00 threshold — a level that has repeatedly served as a pivot over recent months, according to CoinDesk Research’s technical analysis data model. The decline unfolded over

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HBAR fell 2.5% to $0.1480 Breaking Key Support amid rising volume

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HBAR fell sharply on Tuesday, falling 2.5% from $0.1518 to $0.1480 after breaking below a key support level that triggered a wave of fresh selling. The move followed a spike in trading activity late on November 16, when 168.9 million tokens changed hands – a 94% jump above the average – signaling large institutional distribution.

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Degen Gambler liquidated for $168 million. after charting the bottom of the Crypto dive

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A skilled gambler who previously deposited hundreds of thousands of dollars into cryptocasinos Stake and Roobet liquidated on HyperLiquid over the weekend, losing $5.5 million after going short before Sunday’s bounce with a series of leveraged positions worth $168 million. The trader shorted bitcoin BTC$92,304.82, XRP$2.1752 and zcash ZEC$683.58as well as having minor positions in

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Company shuts down citing ‘financially unsustainable’ market

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DappRadar, a once widely used platform for tracking decentralized applications, announced via its X account on Monday that it will shut down. Launched in 2018, the platform had grown into one of the most prominent analytics hubs for on-chain activity, reporting on everything from NFT markets to DeFi flows across dozens of blockchains. The team

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The Trump project in the Maldives opens more doors for cryptocurrency investors

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The Trump family business and its Saudi-based development partner, Dar Al Arkan, have a new project that draws on two of the family’s most successful money-making businesses: cryptocurrency trading and real estate development. The couple on Monday announced the latest real estate deal that the Trump Organization would license its name to: a luxury hotel

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Cboe Launches Bitcoin (BTC), Ether (ETH) ‘Perpetual-Style’ Crypto Futures on December 15

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Cboe Global Markets will debut bitcoin BTC$91,780.86 and ether ETH$3,000.34 “continuous futures” on Dec. 15, making it the first US exchange to offer crypto derivatives designed to act as perpetual futures. The new contracts – Bitcoin Continuous Futures (PBT) and Ether Continuous Futures (PET) – will be listed on the Cboe Futures Exchange and are

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KindlyMD delays quarterly report as merger accounts for losses, shares fall 7%

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Please MD (NAKA) announced to the SEC that it will be late filing its quarterly earnings report as it works through the detailed accounting related to the August merger with Nakamoto Holdings. The company, the 19th largest bitcoin tax firm, said it will not meet the deadline for its Form 10-Q for the period ended

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