Tether CEO Paolo Ardoino slammed S&P Global Ratings after it gave the company’s stablecoin its lowest stability score, citing disclosure gaps and high-risk reserves. Summary S&P rated tether’s stablecoin “5 (weak)”, pointing to limited transparency and growing exposure to bitcoin, gold, secured loans, and corporate bonds. Ardoino framed the rating as a failure of traditional…
Ethereum is retesting key resistance after a correction, with analysts eyeing the December 3 Fusaka upgrade as a potential catalyst for a rally and higher dominance Summary Ethereum failed to reclaim a major resistance zone this week, keeping the risk of printing a new low elevated despite a short‑term bounce. Analysts argue the December 3…
Bitcoin reclaimed the $91,000 zone after a 30% drawdown, with analysts divided over whether current consolidation signals recovery or a deeper bear phase. Summary Bitcoin bounced back above $91,000 after an eight‑month low, reclaiming a zone that flipped from support to resistance during Trump’s recent tariff talks. Bullish analysts highlight consolidation above key ranges and…
Australia introduces a digital assets framework bill to license crypto platforms under asic, aiming to protect consumers and boost market confidence. Summary Government bill would force most digital asset and tokenized custody platforms to obtain an afsl and comply with asic oversight and conduct rules. Framework adds tailored licensing thresholds, exempting low-volume platforms while aligning…
Altcoins shed over $1T in November as TOTAL3 dumped and capital rotated into stablecoins, but multiple analysts argue this looks like late-stage altcoin bear conditions before the next expansion phase. Summary TOTAL3 shows heavy capital outflows from altcoins into stablecoins after Bitcoin weakness, with November wiping out most of the year’s gains. Michaël van de…
Kaspa price is showing signs of a full bullish reversal from its long downtrend after it broke out of a key descending trendline that has kept its price in check for months. Summary Kaspa price has climbed 40% in the past week. Whales have bought the recent dip in KAS token. Multiple bullish reversal patterns…
Tether has reportedly confirmed its intention to cease its operations based in Uruguay. According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of its 38-member team, leaving only…
Pi Network struck a strategic partnership and investment deal with CiDi Games to build Pi-integrated titles, deepen token utility, and make gaming a core pillar of its ecosystem. Summary CiDi Games will build Pi-integrated games for tens of millions of Pioneers to drive daily engagement and on-chain activity. The move uses Pi Network Ventures’ $100m…
Chainlink price is close to a breakout from a bullish reversal pattern as hype surrounding the launch of its spot ETFs continues to build across the broader market. Summary Chainlink price is down 26% over the past month. Community hype surrounding upcoming spot ETF launches has renewed demand from whales. A bullish reversal pattern has…
SpaceX moved 1,163 BTC worth about $105m to a new Coinbase Prime-linked wallet after years of dormancy, trimming on-chain holdings to 6,095 BTC as analysts flag a custody reshuffle, not a sale. Summary SpaceX transferred 1,163 BTC to a new wallet likely tied to Coinbase Prime, following a similar 1,215 BTC move in October. The…
