What Crypto Whales Are Buying During the Early December Market Dip
Crypto whales have turned active during the early December market dip, and their buying patterns reveal a split across three very different tokens. One is pushing through every major price extension with aggressive whale demand. Another is playing a steady reversal setup after days of pressure. And a third is showing early signs that heavy…
XRP, Bitcoin On The Edge; Has Santa Abandoned Nasdaq?
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Payments-focused cryptocurrency XRP$2.0173 has taken a hit this week, falling more than 6% to $2, a level that has become a make-or-break line for the Ripple-linked token.Since last December, this level has emerged as a bear fatigue zone, a spot where…
Breaking: U.S. FDIC to Release First Stablecoin Guidelines Under GENIUS Act this Month
The US FDIC plans to publish draft rules that will detail how stablecoin issuers apply for federal oversight under the GENIUS Act. This is expected to be released before the end of the month. FDIC Prepares First Proposal for Stablecoin Issuers According to FDIC acting Chairman Travis Hil, the agency will deliver its first proposal…
Michael Saylor drops ‘green dot’ hint: Bullish sign or warning for Bitcoin?
Strategy’s (Nasdaq: MSTR) Executive Chairman Michael Saylor’s weekend signal has kept the market on edge. In the past few months, his typical “green dots” signals over the weekend were followed by a BTC purchase announcement on the following day. But the latest message has kept analysts guessing. Source: X The green dot he referenced is…
Bitcoin Traders Bet on Sub-$80K New Year: Derive
Bitcoin BTC$87,040.82 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,” Nick Forster, co-founder of Derive, said in a market note.”That…
