Crypto

Source: Coin Tegraph Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Read Full Article

Source: Coin Tegraph Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.  Read Full Article

Source: Bitcoinist A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) has been employing tactics to dissuade financial institutions from engaging in crypto-related activities. FDIC: Stay Away From Crypto Coinbase claimed that FDIC had sent letters…

Source: Bitcoinist Bitcoin has entered a consolidation phase after falling short of breaking its all-time high this week, leaving bulls in anticipation of the next big move. Currently trading just below its previous peak, BTC’s inability to push past this level has led to a temporary reset in momentum.  Key data from CryptoQuant shows a…

Source: Coin Tegraph Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields. Read Full Article

Source: Bitcoinist Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). Paxos USDG Compliant With Upcoming Singaporean Regime In a press release on…

Source: Coin Tegraph The M2 money supply is an economic measure of the total amount of a sovereign nation’s fiat currency currently circulating worldwide. Read Full Article

Source: Bitcoinist In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges against the crypto developer drag on for at least the next five months. Mandamus Petition Trial Still…

Source: Bitcoinist Australian computer scientist and self-proclaimed Bitcoin inventor Craig Wright is facing a contempt of court case over his lawsuit against BTC Core developers and Jack Dorsey’s Square. UK Judge James Mellor put Wright’s lawsuit on hold until the application is resolved on December 18. Wright Faces Contempt Case For Bitcoin Core Lawsuit On…

Source: Bitcoinist On Friday, Strive Asset Management, a firm co-founded by investor and presidential advisor Vivek Ramaswamy, announced the launch of a new wealth management division. The initiative aims to provide “true financial freedom” for clients by integrating Bitcoin into investment portfolios as a hedge against long-term economic risks.  Strive’s Focus On Crypto Investments  The…