Today's Crypto and Bitcoin News

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Friday2025/1212
12-03

Michael Saylor, Bukele, and Tom Lee Buy Bitcoin and Ethereum Amid Market Downturn

Derived from 528btc, despite a 26% drop in Bitcoin and a 38% decline in Ethereum from their October highs, major investors continue to accumulate. Michael Saylor's MicroStrategy added 8,795 BTC, El Salvador purchased 1,122 BTC for its national reserves, and Strive Inc. bought 1,567 BTC. Bitmine Imme...

Bitcoin Tests Ichimoku Cloud Resistance as $220M in Short Positions Liquidated

As per The Crypto Basic, Bitcoin is currently testing key resistance on the daily Ichimoku Cloud, with price action consolidating near the upper end of its 24-hour range. Over the past 24 hours, BTC has traded between $87,186 and $93,928, gaining approximately 6.5%. The lower boundary of the cloud i...

19.5354 Million POL Worth $2.49M Transferred to Coinbase Prime

In accordance with ChainCatcher, at 00:57, 19,535,400 POL (worth approximately $2.49 million) was transferred from an anonymous address (starting with 0x4939...) to Coinbase Prime, according to Arkham data.

Bitcoin's Settlement Volume Matches Visa and Mastercard Combined, But Economic Throughput Lags

Derived from CryptoDnes, recent data reveals that Bitcoin processed approximately $6.9 trillion in settlement volume over the past three months, matching the combined throughput of Visa and Mastercard. However, after filtering out internal custodian and exchange activity, Bitcoin's economic throughp...

Sui Surges 23% After Coinbase Launches SUI in New York

As per AMBCrypto, Sui (SUI) rose over 23% in the past 24 hours following Coinbase's confirmation that New York residents can now trade SUI via iOS and Android apps. The move into a major U.S. jurisdiction has improved SUI's regulatory clarity and liquidity. Additionally, the SUI Network announced an...

Zero Knowledge Proof (ZKP) Attracts Attention With Live 24-Hour Presale Auction

As reported by Blockchainreporter, Zero Knowledge Proof (ZKP) is gaining traction for its live 24-hour presale auction system, which distributes 200 million ZKP coins daily based on proportional contributions. The auction refreshes every day, supports over 20 payment methods, and records transaction...

Trump's Picks for CFTC and FDIC Move Closer to Confirmation in Senate

As reported by Coindesk, two key Trump administration nominees for U.S. financial regulatory agencies—Mike Selig for CFTC chairman and Travis Hill for FDIC chairman—are advancing in the Senate confirmation process. Senate Majority Leader John Thune initiated a cloture process to fast-track confirmat...

Bitcoin Futures Enter Deepest Backwardation Since FTX Collapse

Derived from Coindesk, Bitcoin futures have returned to their deepest backwardation since the FTX collapse in November 2022, with the CME Bitcoin annualized basis reaching -2.35%. Backwardation occurs when near-term futures trade at higher prices than longer-dated contracts, signaling weaker price e...

Bitcoin Futures Revert to Deepest Contango Since FTX Collapse

Derived from 528btc, the CME Bitcoin futures price has fallen to its lowest level since November 2022, with the annualized basis rate dropping to -2.35%. The current market structure, where near-term contract premiums exceed long-term contracts, indicates traders expect weaker prices ahead, followin...

5 Meme Coins Highlighted for Potential 2026 Bull Run: DeepSnitch AI, DOGE, WIF, and More

Citing Blockchainreporter, a recent article lists five meme coins, including DeepSnitch AI, Dogecoin (DOGE), and WIF, as potential top picks for the upcoming 2026 bull cycle. DeepSnitch AI (DSNT) is highlighted for its low price of $0.02577 and AI-focused tools for traders. DOGE is noted for a recen...

SUI Price Surges 30% Amid Technical Bounce, Coinbase NY Listing, and Ecosystem Growth

In accordance with Captainaltcoin, SUI has surged over 30% in two days, breaking out of a long-term falling channel after touching a key support level. The price rebound was amplified by the Coinbase NY listing on December 2, which doubled 24-hour trading volume to $1.85B. The token also absorbed a ...

Wall Street and U.S. Business Insiders Oppose Trump's Nomination of Kevin Hassett for Fed Chair

Derived from Odaily, U.S. financial and business insiders are reportedly urging Trump against appointing Kevin Hassett as Federal Reserve Chair, citing concerns over his political background and lack of credibility in the market. They argue that Hassett's role as Director of the National Economic Co...

Onchain Assets and Smart Locks: A Sci-Fi Vision Becomes Reality

According to Blockworks, the sci-fi concept of smart locks enforcing financial contracts, as depicted in Philip K. Dick’s 'Ubik,' is becoming a tangible possibility in decentralized finance. The article explores how smart contracts could control real-world assets like cars and apartments, enabling a...

Firelight Launches XRP Staking for DeFi Insurance Protection

Derived from Coindesk, Firelight, a new DeFi protocol built by Sentora and backed by Flare Network, has introduced XRP staking to provide on-chain protection against hacks. Users can stake XRP to earn rewards tied to DeFi 'cover,' which helps protocols absorb losses from exploits. The system operate...

HODLer Airdrops! Talisman (SEEK) World Premiere Listing on KuCoin!

Dear KuCoin Users, KuCoin is excited to announce that another great project, Talisman (SEEK) will be listed on KuCoin Spot trading with HODLer Airdrops. Please take note of the following schedule: Deposits: Effective Immediately (Supported Network: ETH-ERC20) Call Auction: From 1...

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