Author: James Wilson
21Shares has taken another step toward launching a spot Dogecoin exchange-traded fund in the U.S., filing an amendment that reveals the fund’s fee structure and adds fresh operational details. Summary 21Shares updated its S-1 to reveal the fund’s sponsor fee and confirm its cold-storage structure. The amendment arrives during a surge in DOGE-related investment products from major issuers. Trading activity around DOGE has picked up as investors position ahead of potential ETF clearance. In a new development, ETF issuer 21Shares is advancing its push to bring another spot Dogecoin ETF to the U.S. market.The firm filed a new amendment to…
U.K. authorities have passed a bill that recognizes digital assets like cryptocurrencies and stablecoins as property. Summary The U.K. has passed a new law formally recognizing digital assets like cryptocurrencies and stablecoins as personal property. The legislation introduces a third category of property, giving digital assets a clear legal status beyond traditional frameworks. The Property (Digital Assets etc) Bill has been given royal assent, which is the final step in the legislative process, Lord Speaker John McFall confirmed at the House of Lords on Tuesday. So far, the U.K. has had no official statutory stance regarding the property status of…
AAVE price has confirmed a breakout from a bullish reversal pattern, even as activity in its ecosystem continues to slow down. Summary AAVE price is down 10% over the past month. The network’s TVL and revenue have fallen over the past months. It has confirmed a bullish reversal pattern on the daily chart. According to data from crypto.news, Aave (AAVE) rebounded 13.5% on Wednesday, Dec. 3, after being in a downtrend over three months that had kept bullish momentum in check. Trading at $192.8 at press time, the 46th-largest crypto asset with a market cap of $2.92 billion was still…
Crypto prices today have rebounded sharply amid improving market sentiment and institutional flows. Summary Market sentiment has improved and liquidations dropped as risk appetite returns. Institutional inflows and ETF activity are supporting short-term gains. Investors are now watching upcoming Fed and BOJ decisions, which could shape Q4 trends Bitcoin climbed 8% to trade at $93,786 at press time, while Ethereum pushed back above $3,000 and BNB broke past $900. Many smaller altcoins saw even bigger gains. Sui jumped 30%, Pudgy Penguins surged 26%, and Hyperliquid gained about 10%. Investor sentiment is also picking up. The Crypto Fear & Greed Index…
Solana rebounds above $135 and its 100-hour SMA after breaking a bearish hourly trend line, but still needs to clear nearby resistance to avoid another pullback. Summary SOL trades above its 100-hour simple moving average after reclaiming key Fibonacci retracement levels from the latest decline. Hourly MACD has turned firmly bullish, while RSI holds above 50, signaling improving short-term momentum. Failure to break immediate resistance could send SOL back toward the broken trend line and lower support zones, risking a deeper near-term drop. Solana has risen above $135, recovering from recent lows and breaking above a bearish trend line on…
Stable has released its STABLE tokenomics design ahead of its mainnet launch, setting out how supply, vesting, and governance will work across the network. Summary STABLE has a fixed supply of 100B tokens, with 40% allocated to ecosystem growth and 10% for initial distribution. Team and investor allocations follow a four-year vesting schedule with a one-year cliff to ensure long-term alignment. Stable mainnet goes live on Dec. 8, backed by over $1.1B in pre-deposit funds and integration with USDT0 for gas fees. Stable, the Bitfinex-backed layer 1 designed for fast settlement and stablecoin payments, outlined its economic model on Dec.…
Kevin O’Leary downplays a possible December Fed rate cut, saying persistent inflation may keep policy tight and Bitcoin will likely drift within about 5% of current prices. Summary O’Leary rejects market odds of a December cut, saying he is not positioning his portfolio for easier policy. He expects Bitcoin to trade within roughly 5% of current levels whatever the Fed decides, seeing no major catalyst. His view contrasts with CME FedWatch odds near 88% for a cut, driven by shifting inflation data and recent Fed commentary. American entrepreneur and investor Kevin O’Leary has stated that a potential Federal Reserve interest…
Bitcoin’s latest cycle is defined by heavier institutional flows, ETF-driven liquidity and $24B in tokenized RWAs, with volatility nearly halved as $732B in new capital enters. Summary Glassnode estimates Bitcoin absorbed about $732B in new capital this cycle while one-year realized volatility dropped by nearly 50%. Tokenized real-world assets expanded from $7B to $24B in a year as pension funds, hedge funds and corporates seek on-chain exposure via regulated products. ETF rails, deeper liquidity and active market-making have moved flows into traditional infrastructure, tightening spreads and dampening extreme spot price swings. Bitcoin’s current market cycle has shown increased institutional participation…
The United States Justice Department has seized a web domain linked to a scam compound in Burma that ran cryptocurrency investment scams. Summary U.S. authorities have seized tickmilleas.com, a fraudulent crypto investment site operated from Burma’s Tai Chang compound. The operation was found to have ties with entities sanctioned by the U.S. Over 2,000 related social media accounts were removed. U.S. authorities have shut down the domain tickmilleas.com, which posed as a trading platform but was actually part of a wider fraud operation run out of the Tai Chang compound, also known as Casino Kosai, in Kyaukhat, Burma, a Dec.…
Cardano price stabilizes above key support as RSI recovers, EMAs compress and MACD improves, but stacked ask walls and strong resistance still limit breakout potential. Summary RSI has rebounded from oversold into the low 40s, while the 9-day EMA starts to curl up against a still-descending 20-day EMA. MACD histogram is expanding positively below zero, signaling early bullish momentum inside a broader downtrend. Order-book data shows strong bid walls below and dense ask liquidity above, creating a tight range where failure at resistance risks renewed downside. Cardano’s price action entered a stabilization phase on the daily chart following a period…