Stablecoin Trading Startup Perena Tries Its Luck on Solana Perena wants to be the “neutral layer” bringing liquidity to stablecoin issuers.

Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows “According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.

Crypto Daybook Americas: Bitcoin Bulls, Remember to Zoom Out When in Doubt Your day-ahead look for Dec. 12, 2024

Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.

Bitcoin Is Leaving Exchanges in Batches of $10M or More: Van Straten Institutional appetite for bitcoin has grown since Donald Trump won the U.S. election back in November.

A Single Pudgy Penguins NFT Now Costs More Than a Bitcoin The comic penguin collection has become the world’s second most-valued set of NFTs, crossing the $100,000 mark for the first time.

This Bitcoin Indicator Echoes Early November Vibe That Presaged a 40% Price Explosion BTC’s range-bound trading might be over soon, according to a widely tracked volatility indicator.

Assetera Enables Non-U.S. Investors to Trade Tokenized Nvidia, Coinbase, and S&P 500 The company has plans to include T-bills, money market funds and other instruments in future.

LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.

Less than 1% of Microsoft Shareholders Voted for BTC Proposal Prediction markets were skeptical that such a motion would pass.

Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges The motion calls for the integration of bitcoin into Vancouver’s financial strategies, including establishing a bitcoin reserve.

Crypto Doesn’t Care About Cash Flow. That Will Soon Change, Says Pantera Capital Cosmo Jiang, portfolio manager at Pantera Capital, says that crypto investing will get more fundamentals-oriented as the industry matures.

Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.

The Protocol: A Quantum Threat to Bitcoin? Also: An Ethereum dev’s defection to Solana; Polygon’s big proving-system flex; crypto’s most influential

Bitcoin Going to $200K, Coinbase to Join S&P 500: Bitwise’s 10 Predictions for 2025 This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.

Bitcoin Celebrates a “Champagne Moment” — What Lies Ahead? Since the Fed’s easing cycle began coupled with the outcome of the U.S. election, digital assets have experienced significant developments, prompting three predictions for the months ahead, says Andy Baehr.

Opening Doors for Banks Under a Trump Administration Despite the rapidly evolving relationship between traditional finance and cryptocurrency, significant changes are not just based on market dynamics, but also political factors, says Lucas Schweiger.

CoinDesk 20 Performance Update: RENDER Climbs 13.5% as All Assets Trade Higher Ethereum Classic (ETC) was among the top performers, gaining 11.3% from Tuesday.

A Bullish XRP Flag Emerges as $5 Call Options Heat Up: Godbole XRP’s price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit

Trader Turns $2.5K Into $200K by Buying XRP With 500X Leverage The position was dangerously close to liquidation before XRP moved to the upside.