Author: James Wilson
The IMF says large dollar stablecoins can accelerate currency substitution, weaken monetary control in fragile economies, and require strict, globally coordinated regulation and reserves. Summary The IMF notes stablecoins top $300 billion, mostly dollar-pegged, and can leapfrog local banks and payment rails via smartphones and unhosted wallets. Widespread dollar stablecoin use could shift savings and payments offshore, blunting central banks’ control over liquidity, credit, and rates, especially in high-inflation states. The paper backs “same activity, same risk, same regulation,” calling for harmonized laws, strict reserve and redemption rules, and coordination to avoid shadow-banking-style risks. The International Monetary Fund published a…
Traders say Dogecoin’s price cycle metrics have reset, with subdued valuation, rising active addresses and fresh whale accumulation, but roughly 11.7 billion DOGE near $0.20 cap upside. Summary The Mayer Multiple sits far below prior blow-off peaks, signaling DOGE is not yet in overheated territory seen at the 2017 and 2021 tops. Days spent at a loss have compressed from extreme readings, resembling reset phases that preceded past advances in Dogecoin cycles. Glassnode and Santiment data show the biggest active-address spike since September, 480 million DOGE bought by whales, and heavy realized-cost resistance around $0.20. Dogecoin price traded near recent…
Solana’s price relating to upgrade stack, rising developer activity, and improving technicals could support a move toward the $150 resistance if network traction and trading volumes continue. Summary Solana price includes planned upgrades like Alpenglow, MCP, and BAM to fix core issues, reduce voting overhead, and harden consensus after external research flagged vulnerabilities. Developer tools and apps across prediction markets, gaming, and AI keep activity elevated, even as speculative memecoin phases fade and users shift to practical use cases. SOL trades above short-term moving averages with rising momentum, but analysts view the prior $150 peak as a key resistance that…
Tom Lee forecasts Ethereum at $20K, saying BTC’s old cycle is over and ETH will lead tokenized assets as its long consolidation breaks to the upside. Summary Tom Lee says Bitcoin’s classic four-year cycle is dead and expects new BTC highs in early 2026 after tracking the S&P 500 in 2025. He argues Ethereum is undervalued, could reach $20K, and will anchor future tokenized securities and payment infrastructure. ETH has broken a five-year range, with technicals showing a W-pattern and RSI behavior pointing to further upside despite near-term resistance. Fundstrat Global Advisors co-founder Tom Lee projected Ethereum could reach $20,000…
DeepNode raises $5M to build a decentralized AI network on Base, using PoWR to reward useful AI models across sectors like healthcare, fraud detection, and crypto trading. Summary DeepNode secured $5M across seed and strategic rounds from Web3 and AI infra investors and community participants. The network uses Proof-of-Work Relevance to reward AI models based on real-world utility, not raw compute. Built on Base, DeepNode targets sub-cent fees and plans a mainnet launch by end of Q1 2026. DeepNode, a decentralized artificial intelligence network, announced it has raised $5 million across two funding rounds, according to a company statement. The…
Bitcoin has joined Woori Bank’s main Seoul trading room dashboard, displayed alongside FX and stock indicators as Korea tightens crypto rules and eyes bank-led stablecoins. Summary Woori Bank now shows live Bitcoin prices in its primary dealing room, treating BTC as a key market sentiment gauge next to FX and equity data. Korean banks deepen crypto ties, with Hana partnering Upbit’s operator and policymakers pushing bank-controlled won stablecoin consortia. Regulators plan stricter travel rule thresholds and pre-emptive account freezes for suspicious crypto flows, aligning with FATF standards by 2026. Woori Bank has begun displaying Bitcoin prices in its main trading…
KRW1, a KRW-backed stablecoin from BDACS, has launched on Polygon with real-time bank-linked proof-of-reserves, targeting payments, remittances, and institutional use. Summary BDACS deploys fully collateralized KRW1 on Polygon, using real-time proof-of-reserves via Woori Bank’s API. Polygon’s low fees and enterprise integrations position KRW1 for payments, remittances, and on-chain corporate flows. Analysts say the launch boosts KRW1’s global reach and aligns with South Korea’s upcoming digital asset rules. BDACS has launched its KRW-backed stablecoin KRW1 on the Polygon network, the company announced, following a proof-of-concept that confirmed stable and real-time performance from fiat deposits to on-chain settlement. The deployment expands KRW1’s…
After Trump’s pardon, Binance founder CZ calls the US an “emerging land for Binance” and vows to help make America the global hub for crypto innovation. Summary CZ says Trump’s pardon lets Binance engage more freely worldwide, including renewed focus on the US market. He calls America a vital tech and institutional market and wants major crypto firms and BNB exposure to return there. CZ praises US regulatory progress like the GENIUS and CLARITY Acts but stresses regulation, banks, and crypto must integrate. Changpeng Zhao, founder of cryptocurrency exchange Binance, announced plans to help establish the United States as a…
Bitcoin price now resembles early‑2022 sideways market, with rising supply in loss and shrinking long‑term holder profits, Glassnode says. Summary Glassnode’s cost basis model shows Bitcoin price below key 0.75, 0.85 and 0.95 profitability quantiles, putting over 25% of supply at a loss. Total Supply in Loss has surged to about 7.1 million BTC on a 7‑day average, matching ranges seen in early 2022’s sideways market. Long‑term holder SOPR has dropped to around 1.43 but stays above 1, meaning old coins still sell at profit, though margins are tightening. On-chain analytics firm Glassnode has identified similarities between current Bitcoin price…
USPD is facing a severe security breach after an attacker quietly gained control of its proxy contract months ago and used that access to mint new tokens and drain funds. Summary USPD suffered an exploit after an attacker seized proxy admin rights during deployment. The breach led to unauthorized USPD minting and stETH outflows worth about $1 million. The incident adds to a month of major exploits affecting exchanges and decentralized finance protocols. USPD disclosed the incident on Dec. 5, saying the exploit allowed an attacker to mint roughly 98 million USPD and remove about 232 stETH, worth around $1…