Author: James Wilson
XRP price fell to $2 during a broader crypto sell-off, as leveraged positions unwound and traders treated anticipation of a new spot XRP ETF as a “sell-the-news” event, leaving the token at a key support and negative on the year despite ongoing progress at Ripple Labs. Summary XRP price underperformed majors like ETH and BNB in a 12-hour market drawdown, sliding to a support level that has repeatedly held in past sell-offs. Analysts saw no clear trigger beyond over-leverage and ETF hype, echoing earlier post-launch dips after Canary Capital and Bitwise spot XRP ETFs. Four XRP ETFs have attracted strong…
Bitcoin’s price in its early-December drop reflects algorithmic flows, thin liquidity, and a resistance retest, with van de Poppe framing it as a routine reset within ongoing consolidation. Summary Bitcoin price decline is driven by automated systems and new-month flows amplified short-term selling, driving a sharp early-December decline visible on TradingView charts. October’s market-maker washout left liquidity thin, so moderate sell orders pushed price down after rejection at a key resistance zone. Van de Poppe expects a resistance retest within one to two weeks, seeing continuation potential if Bitcoin can finally break above the established ceiling. Bitcoin price declined as…
The crypto market has started December in the red, shedding over $200 billion in total market value to settle at $3 trillion, its lowest level over the past week. Summary The total crypto market cap has tanked over 5% on Monday morning. Over $640 million has been liquidated across the crypto futures market. Bitcoin (BTC), the world’s largest crypto asset, dropped below key support levels and is now down 31.6% from its all-time high. Ethereum (ETH) slipped 6% on the day to trade near the $2,800 mark, while XRP (XRP) was down over 7% at the time of writing. Other…
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions. According to a Dec. 1 announcement, Ripple Markets APAC, which serves as the blockchain payment firm’s Singapore subsidiary, has been greenlighted by the Monetary Authority of Singapore to expand the scope of payment services it can offer under its Major Payment Institution license. “Ripple has…
Monad price has retraced after a strong rally, with a recent public dispute over its valuation weakening sentiment. Summary Monad has dropped toward the $0.024 support area after a sharp sell-off. A public dispute between Arthur Hayes and Monad’s CEO over FDV and token structure shifted sentiment during the token’s first trading week. The market is trying to stabilize after an early rally to $0.048, with $0.024 acting as a key support after launch. Monad is trading around $0.0242, down roughly 19% in the past day as traders react to a sharp cooldown and the ongoing argument over the project’s…
Hong Kong crypto exchange operator HashKey Holdings has been cleared by the Hong Kong Stock Exchange for a listing that would allow it to move forward with an initial public offering. Summary HashKey Holdings has cleared its Hong Kong Stock Exchange listing hearing, paving the way for a potential IPO. The company reported a net loss of HK$506 million in the first half of 2025. Hashkey intends to use IPO proceeds to upgrade infrastructure and fund expansion efforts. HashKey Holdings, which operates the largest licensed digital asset trading platform in Hong Kong, said in a Dec. 1 disclosure to the…
MiCA license in Austria lets KuCoin offer regulated crypto services across 29 EEA states, boosting its compliance, security standards, and EU market reach. Summary KuCoin’s Austrian MiCA license allows trading, custody, and other digital asset services across 29 EEA countries under a unified EU regime. The approval aligns with KuCoin’s broader “$2 billion Trust Project,” alongside AUSTRAC registration and multiple security certifications and audits. MiCA’s passporting rules place KuCoin among major exchanges like Coinbase and Kraken that secured authorization ahead of the December 2024 deadline. KuCoin has obtained a Markets in Crypto-Assets (MiCA) license in Austria through its European subsidiary,…
Bitcoin sank at Asia’s open, triggering leveraged liquidations and a broad crypto selloff as gold rallied and macro uncertainty fueled a sharp, volatile reset. Summary Bitcoin dumped from weekend levels at the Asian open, sparking forced long liquidations and a broad crypto market drawdown. Gold rallied as macro and Fed-policy uncertainty pushed some capital toward traditional safe havens and away from crowded crypto longs. Exchange balances and stablecoin reserves rose, signaling dry powder, but Bitcoin now trades below short-term holders’ cost basis, heightening downside risk. Bitcoin fell sharply at the start of Asian trading on Dec. 1, erasing significant value…
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s proof-of-work links digital value to real-world electricity and hardware expenditure. Musk notes this shift depends on technological progress; for now, fiat currencies still dominate payments while Bitcoin remains an alternative asset and monetary system. Tesla CEO Elon Musk outlined a vision in which traditional currency…
ADA trades lower after a brief network partition as analysts weigh Cardano’s resilience against higher-risk upside in Remittix’s Black Friday presale push. Summary Cardano price suffered a November 21 mainnet partition tied to a faulty delegation transaction, which engineers resolved within hours, but ADA remains at lower levels. Remittix is running a 200% Black Friday presale bonus, has launched an iOS wallet, completed audits and KYC, and plans December crypto-to-bank payments plus CEX listings. Analysts say Cardano is a mature layer-1 with large-cap profile, while Remittix is an early-stage, higher-risk payments token, reflecting very different risk-reward setups. Cardano’s native token…