Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours. However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels. It’s a ride that some expect to be packed with market volatility.

Why Memecoins Matter Memecoins are the most divisive topic in crypto. By memecoins, I mean tokens that represent an idea and fluctuate in price based on the attention that idea receives. The best meme investors tend to be young people who are very online and attuned to internet culture. Memecoins are commonly juxtaposed with tokens that possess actual utility withi…

U.K. Financial Regulator Aims for Crypto Regime by 2026 The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026. Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country’s roughly 68 million population.

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall ETH advanced 4% during the day, outperforming BTC’s 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted. Bitcoin is likely to move sideways until year-end, said Paul Howard, senior dire…

Trump’s Sluggish DeFi Project Gets a Big Boost From Justin Sun’s $30M Token Purchase The Donald Trump-backed cryptocurrency platform World Liberty Financial got off to a sluggish start, with investors buying far fewer of its WLFI tokens than the project hoped for. But now, Chinese-born crypto billionaire Justin Sun has just given it a significant boost, buying $30 million worth of WLFI. World Liberty is a decentralized finance (…

Mudslinging Sullies Prediction Markets Just as Sector’s Prospects Brighten Kalshi paid social media influencers to talk trash about its rival Polymarket’s founder, Shayne Coplan, an incendiary article in Pirate Wires revealed. Someone apparently decided to launch a retaliatory smear campaign against Kalshi. (Polymarket denies any involvement.) All of this is happening just as things were starting to look bright on the …

Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another ‘Long Island Iced Tea’ Fad? Following MicroStrategy’s successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps. The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term success remains uncertain. While optimists see thi…

Avalanche Blockchain’s Largest-Ever Upgrade Goes Live on Testnet Avalanche’s largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein’s knowledge to bring more traditional financial institutions to the network.

CoinDesk 20 Performance Update: XLM Surges 47.7% as Index Rises Over 100 Points CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3382.04, up 3.2% (+104.5) since 4 pm ET on Friday. Seventeen of 20 assets are trading higher. Leaders: XLM (+47.7%) and DOT (+37.1%). Laggards: SOL (-2.3%) and BTC (-1.8%). The …

Tornado of Administrative Overreach: Challenging Sanctions of Crypto Mixing Services Cryptocurrency transactions are often anonymous, but they’re not private. In fact, they’re quite public. Anyone with the right technical know-how can see every transaction ever made on most publicly accessible blockchains. This radical transparency and traceability has made it easier (contrary to popular belief) for law enforcement to track sto…

Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility November’s expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin. Bitcoin’s max pain price is $78,000, significantly lower than the current spot price. The majority of the put open interest represent hedging activity and not outright downside bets: European Head of Research at Bitwise – Dragosch.

Michael Saylor’s MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation. The Nasdaq 100 Index begins its annual reranking this week, with results set to be announced on Dec…

First Mover Americas: Bitcoin Regains $98K After Weekend Slump Bitcoin returns to $98,000. Crypto futures saw $500 million in liquidations amid volatility. Brokers raise price targets for MicroStrategy.

MicroStrategy Is a Bitcoin Magnet Pulling in the Earth’s Capital Reserves: Bernstein Bernstein raised its MicroStrategy price target to $600 from $290. Broker Canaccord also increased its price target for the software company, to $510 from $300. The shares rose over 6% in early trading Monday.

Crypto Gets Shock Video Dose as Users Stream ‘NSFW’ Content to Pump Their Memecoins Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value. Despite the platform’s moderation efforts, some of this content surface…

Pinili ni Trump ang Pro-Crypto Hedge Fund Manager na si Scott Bessent para sa Treasury Secretary Pinangalanan ni US President-elect Donald Trump ang hedge fund manager na si Scott Bessent, isang Cryptocurrency enthusiast, bilang kanyang pinili para sa Treasury Secretary. Kung kinumpirma siya ng Senado, ang susunod na tao na ang pirma ay nagpapalamuti sa US paper currency ay magiging fan ng digital currency ecosystem na itinakda upang palita…

Trump escolhe o gestor de fundos de hedge pró-criptomoedas Scott Bessent para secretário do Tesouro O presidente eleito dos EUA, Donald Trump, nomeou o gestor de fundos de hedge Scott Bessent, um entusiasta de Criptomoeda , como sua escolha para Secretário do Tesouro. Se o Senado o confirmar, a próxima pessoa cuja assinatura adornar a moeda de papel dos EUA será um fã do ecossistema de moeda digital criado para substituir o sistema financeiro …

Trump elige al gestor de fondos de cobertura Scott Bessent como secretario del Tesoro El presidente electo de Estados Unidos, Donald Trump nombró al gestor de fondos de cobertura Scott Bessent, un entusiasta de las criptodivisas, como su candidato a secretario del Tesoro. Si el Senado lo confirma, la próxima persona cuya firma adorne el papel moneda estadounidense será un fanático del ecosistema de la moneda digital creado para s…

Bitcoin May Be More Vulnerable to Negative News Near $100K, Data Suggests BTC’s order book shows executed bullish flow isn’t being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.