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),…
Amundi launches an Ethereum-based tokenized share class of its euro money market fund, using CACEIS wallet infrastructure to enable on-chain orders, with settlement in stablecoins or future CBDCs while keeping traditional channels open. Summary Amundi’s new share class, Amundi Funds Cash EUR – J28 EUR DLT, records ownership and transactions on Ethereum for transparency and…
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…
Kamirai launches a VC-free, community-governed Web3 ecosystem combining its Kamirex DEX for Asian markets with a dark fantasy console RPG where players own on-chain assets. Summary Kamirai offers order matching and liquidity pools for cross-chain transfers, targeting Asian crypto traders under a decentralized governance model. The Kamirai Federation is an action-RPG for PlayStation and Xbox,…
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…
Dogecoin price breaks key supports, trades below 100-hour MA, with bearish indicators signaling risk of further short-term downside. Summary Dogecoin price broke a key bullish trend line and several support levels, now trading below the 100-hour simple moving average. Price sits under key Fibonacci retracement levels, with upside capped by nearby resistance and 50% retracement…
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….
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,”…
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…
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…
