Author: James Wilson
Galaxy Digital opens an Abu Dhabi office under ADGM, deepening its Middle East footprint as UAE regulators fast-track major exchanges and stablecoin issuers. Summary Galaxy Digital has set up a new Abu Dhabi entity under ADGM as part of its strategy to scale digital asset investment and infrastructure in high-demand institutional markets. UAE regulators in Abu Dhabi and Dubai have recently greenlit major exchanges like Binance and Bybit, alongside new stablecoin approvals including Ripple-, Circle- and Tether-linked products. ADGM now recognizes Tether’s fiat-referenced token across multiple blockchains, enabling licensed firms to conduct regulated activities with USDT in a growing regional…
Polkadot trades near $2 inside a long-term accumulation “home” range flagged since 2022, where Egrag Crypto sees structural support but no confirmed bottom yet. Summary DOT has returned to a price band an analyst labels a long-term accumulation zone, after a sharp intraday drop and subsequent stabilization around $2. Egrag Crypto frames the area as a structural floor using Wyckoff accumulation logic, liquidity wicks, and Polkadot’s multi-chain role, while still allowing for deeper downside. Inclusion in a Bitwise index and potential cycle-bottom dynamics support a long-term accumulation thesis, but traders are watching whether buyers defend this “home” range again. Polkadot…
Stellar prints a fresh TD Sequential ‘9’ buy on weekly support, echoing a prior setup that preceded a strong XLM rally, but confirmation still hinges on demand. Summary Stellar has retraced from its summer peak into a weekly demand zone where a TD Sequential “9” buy signal has reappeared after previously preceding a near‑doubling move. Intraday data show sharp spikes, heavy volume on the initial surge, and subsequent stabilization back inside the demand area highlighted on the higher‑timeframe chart. Traders are watching whether buyers defend this zone again, while analysts warn that TD signals alone cannot guarantee a sustained reversal…
ETH is rallying on whale accumulation, renewed spot ETF inflows, and improving risk sentiment as traders watch December seasonality, Fed policy, and $4k resistance. Summary Ethereum has outperformed Bitcoin and several altcoins as sentiment improves ahead of the FOMC decision, with whales and corporates ramping up accumulation and futures leverage. U.S. spot Ethereum ETFs have flipped back to net inflows, signaling returning institutional demand and helping sustain the current uptrend despite recent volatility. Analysts say a clean break above key resistance is needed to extend the rally toward $4,000, while a rejection could trigger a pullback if leveraged longs get…
Bhutan launches TER, a fully gold-backed token on Solana, as part of a wider strategy spanning tokenized assets, CBDC pilots, and Ethereum-based digital ID. Summary Bhutan’s Gelephu Mindfulness City launches TER, a sovereign-backed token fully collateralized by physical gold and issued on Solana. DK Bank is exclusive distributor and Matrixdock provides tokenization infra, offering on-chain proof of reserves and instant settlement. TER expands Bhutan’s digital strategy alongside a Ripple CBDC pilot, Bitcoin reserves, and a national ID migration to Ethereum by 2026. Bhutan has launched TER, a sovereign-backed digital token fully collateralized by physical gold reserves, marking the country’s latest…
Sei price is testing a key resistance level after a surge in trading activity, with its new Xiaomi integration drawing fresh attention to the project’s long-term outlook. Summary Sei is trading around a multi-day resistance level, with volume jumping sharply as traders reopen positions across spot and derivatives markets. Xiaomi’s built-in Sei wallet introduces a major distribution channel that could add millions of new users. The chart shows early signs of stabilizing momentum, though $0.145–$0.146 remains a tough resistance zone. Sei was trading at $0.1421 at press time, up 2.1% in the past 24 hours. The token has remained in…
Trump Billionaires Club, a licensed-but-unofficial Trump mobile game, will offer TRUMP rewards via Open Loot as devs deny political ties or true asset ownership. Summary Trump Billionaires Club is a 3D board-style mobile and web game using TRUMP-themed rewards, with crypto and non-crypto modes via Open Loot. Freedom45Games licenses Trump’s name but says neither Trump nor his businesses helped design the game, and players gain no true asset ownership. The launch follows prior Trump-linked web3 games and comes as the Solana-based TRUMP meme coin trades far below its peak despite fresh marketing. A Donald Trump-themed mobile cryptocurrency game is scheduled…
Solana faces a liquidity reset with $500M in long positions at risk as ETF inflows clash with thinning on-chain liquidity and elevated leverage. Summary On-chain data shows Solana liquidity has dropped to bear-market territory as realized losses outweigh profits. Around $500M in leveraged SOL longs sit near $129, raising liquidation risk if price dips modestly from current levels. Spot Solana ETFs keep attracting institutional inflows, offering structural support despite futures deleveraging and volatility. Solana’s (SOL) on-chain liquidity has contracted to levels typically associated with bear markets, according to blockchain analytics data, while approximately $500 million in long positions face potential…
Terra (LUNA) surged sharply ahead of Do Kwon’s upcoming sentencing, fueled by market speculation and recent ecosystem updates. Summary Terra price jumped strongly over the past day after a long period of consolidation. Trading activity and open interest indicate traders are taking fresh positions, supporting the short-term momentum. The move is event-driven, and analysts caution that the verdict could trigger rapid reversals. Terra traded around $0.2076 at press time, up 39% in the past day, The token has hovered between $0.147 and $0.243 in the last 24 hours. The move extends a sharp 7-day rally of 188% and a 30-day…
Crypto prices today pulled back as traders unwound positions following a brief bounce after the Federal Reserve’s latest rate cut. The total crypto market cap has fallen 3% to $3.1 trillion. Bitcoin traded at $89,975, down 2.7% in the past… Source link