The crypto market is going up today, Dec. 8, with Bitcoin and most altcoins being in the green. Summary The crypto market is going up ahead of the Federal Reserve rate decisions. Polymarket odds of a Federal Reserve interest rate cut rose to 95%. These coins jumped as futures open interest resumed the uptrend. Bitcoin…
Bitcoin’s rally into the $92,000 resistance zone lacks bullish volume, raising concerns that the move is only a dead-cat bounce before a deeper correction. Summary BTC bounce shows weak bullish volume and limited sustainability. Rejection from point of control strengthens the bearish case. Losing $89,000 may trigger a drop toward $86,000 support. Bitcoin (BTC) price…
South Korea plans no-fault rules forcing crypto exchanges to fully reimburse users for hacks and IT failures, echoing bank-style protections. Summary New rules would make Korean exchanges fully compensate users for losses from hacks or system failures, unless customers showed gross negligence. The move follows repeated IT incidents, including a rapid Solana asset drain at…
Pi Network price continued its downtrend today, Dec. 8, as a lawsuit filed against the developers in October emerged. Summary Pi Network price has pulled back by double digits in the past few days. A lawsuit against the parent company and its founders was filed in the U.S. The coin’s biggest whale has continued accumulating…
Bloomberg’s Eric Balchunas rebuts Bitcoin–tulip comparisons, citing 17 years of recoveries, ETF demand, and halving-driven scarcity as proof of lasting asset value. Summary Eric Balchunas notes Bitcoin is still up roughly 250% in three years and 122% in 2024, despite a 27% pullback from October highs. He argues non-productive assets like Bitcoin, gold, art, and…
Ethereum price lacks conviction as weak volume and failed follow-through increase the risk of a deeper correction toward $2,200 unless buyers step in to defend key support zones. Summary ETH struggles to reclaim the value area high due to thin bullish volume. Losing $2,800 opens the door to the untapped $2,200 support. Market structure remains…
Summary Bitcoin trades in a tight $91k–$92k band with market cap near $1.8 trillion and dominance around 58–60%. Price sits above the 200-day moving average but struggles to clear the $100k–$120k resistance zone as momentum indicators flatten. High open interest and positive funding show crowded leveraged longs, increasing liquidation risk if spot reverses. Bitcoin (BTC)…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There is a common misconception in the current narrative on web3 scaling that mass adoption requires faster, bigger, and more powerful blockchains. Every cycle, a new generation of chains emerges, promising millions…
On-chain gas futures proposal aims to make Ethereum transaction fees predictable for high-volume users and enterprises by locking in gas prices ahead of time. Summary Vitalik Buterin proposes an on-chain gas futures market allowing users to pre-buy gas at fixed prices for later use. The design extends EIP-1559, offering price predictability for exchanges, rollups, and…
Former QuadrigaCX co-founder Michael Patryn loses $1M in seized gold, cash, and luxury goods after British Columbia invokes unexplained wealth order powers. Summary BC seizes 45 gold bars, luxury watches, cash from a Vancouver safety deposit box tied to Patryn under its unexplained wealth order regime. Authorities allege the assets came from misappropriated QuadrigaCX customer…
