Today's Crypto and Bitcoin News

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Saturday2025/1206
12-02

Trump Delays Fed Chair Announcement to Early 2026, Hassett Odds Rise to 81%

Citing Coinotag, Donald Trump announced he will name his next Federal Reserve chair early in 2026, pushing the timeline beyond initial expectations. This delay could influence crypto markets through potential interest rate cuts, benefiting assets like Bitcoin and Ethereum. Kevin Hassett, current dir...

Aave Expands to Mantle While Preparing to Shut Down Low-Revenue Chains

In accordance with Biji Network, Aave has officially partnered with Mantle Network to bring institutional-grade loan liquidity to the rapidly growing Layer-2 ecosystem. Aave V3 is now live on Mantle’s L2 environment as a core liquidity engine, supporting blue-chip assets like ETH, USDC, and USDT. Ma...

Wolfe Research Downgrades Circle (CRCL) to 'Sell' Amid Profit Margin and Interest Rate Pressures

In accordance with BitJie, stock analyst Darrin Peller from Wall Street research firm Wolfe Research downgraded Circle (CRCL) to 'Sell' with a $60 price target, indicating a potential 30% drop from its current $78 level. The downgrade follows a 40% decline in CRCL's stock price over the past month, ...

Grayscale Questions Bitcoin's Four-Year Cycle, Predicts 2026 Price Surge

As per Cointribune, Grayscale has challenged the traditional four-year cycle of Bitcoin, suggesting it may break free from historical patterns as early as 2026. The asset manager argues that macroeconomic and regulatory developments, including potential Fed rate cuts and progress in U.S. crypto legi...

Tria Launches Self-Custody Bitcoin Top-Up Service for Global Credit Card Spending

As reported by Bijiie, Tria, a non-custodial neo-bank, has launched a groundbreaking feature allowing users to top up their Tria payment cards directly from self-custody Bitcoin wallets. This enables users to spend via Visa or Mastercard networks without transferring assets to exchanges or custodian...

Milk Mocha's $HUGS Presale Becomes 2025's Most Notable Crypto Launch

Based on Blockchainreporter, the Milk Mocha ($HUGS) presale has become one of 2025's most notable crypto launches, drawing global attention. Originating from a popular webcomic, the project combines community passion with blockchain innovation, offering a no-KYC, no-waiting-list presale. The tiered ...

Aave Expands to Mantle Network Amid Plans to Consolidate Low-Revenue Chains

As reported by AMBCrypto, Aave has launched on Mantle Network to provide institutional-grade lending liquidity to the growing Layer-2 ecosystem. The integration supports assets like ETH, USDC, and USDT, aiming to attract large-scale capital. However, governance documents reveal Aave is preparing to ...

Amazon Launches Trainium 3 AI Chip, Crypto Miners Repurpose for AI Race

According to Coindesk, Amazon has launched Trainium 3, a new AI chip designed to compete with Nvidia, offering a fourfold increase in training speed while maintaining the same energy footprint. The chip is available via Amazon Web Services (AWS) and is part of Amazon’s broader strategy to expand its...

Fed QT Halt, Namibia Oil Deals, and Hydrogen Subsidies Stir Market Sentiment

Citing Bpaynews, markets are reacting to reports of a potential Fed quantitative tightening halt, alongside major oil deals in Namibia and a surge in hydrogen subsidies. Traders are also monitoring crypto volatility, with Bitcoin's price range widening and new 2x leveraged ETFs boosting XRP and Sola...

Kraken Acquires Backed Finance AG to Expand Tokenized Equities Ecosystem

Based on Bitcoin.com, Kraken has agreed to acquire Backed Finance AG, the issuer behind xStocks, to accelerate the expansion of tokenized equities. The acquisition aims to unify issuance, trading, and settlement under a single framework, streamlining access to tokenized assets. xStocks, which launch...

Aave Expands to Mantle Network, Plans to Shut Down Low-Yield Chains

According to Bijié Wǎng, Aave has launched its V3 protocol on the Mantle Network to enhance institutional-grade lending liquidity on the Layer-2 platform, supporting assets such as ETH, USDC, and USDT. At the same time, the Aave DAO is preparing to close projects on low-revenue chains like zkSync, M...

Wolfe Research Downgrades Circle (CRCL) to 'Sell' with $60 Price Target

As reported by Biji.com, Wolfe Research analyst Darrin Peller has initiated coverage of Circle (CRCL) with a 'sell' rating and a $60 price target, implying a 30% decline from the current $78. The downgrade is attributed to potential Federal Reserve rate cuts, which could threaten Circle's interest i...

Leveraged XRP and Solana ETFs Launch on CBOE Amid Price Gains

Citing Coinotag, the T-REX 2X Long XRP Daily Target ETF and T-REX 2X Long SOL Daily Target ETF debuted on Tuesday on the CBOE exchange, offering 200% leveraged exposure to XRP and Solana’s daily performance. XRP rose 8.6% to $2.17, while Solana climbed 12% to $139.56 on the same day. The funds use d...

EU Court Rules Apple Can Face €637M Antitrust Claim in Netherlands Over App Store Fees

As reported by Coinotag, the European Union’s top court has ruled that Apple can face an antitrust damages lawsuit in the Netherlands over its App Store practices, potentially leading to a €637 million payout for affected Dutch consumers. The CJEU confirmed Dutch courts’ jurisdiction due to the App ...

US Money Market Funds Surpass $8 Trillion Amid Attractive Yields

Based on Coinotag, US money market funds have exceeded $8 trillion in assets, driven by yields of around 3.80% that outpace bank deposit rates despite Federal Reserve rate cuts. Weekly inflows reached $105 billion, with over $848 billion added in 2025 so far, according to Crane Data and the Investme...

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