Bitcoin’s recovery stalls just short of rescuing its last underwater cohort
Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000. Source：CoinDesk
Liquidations jump to $547 million as oil rally hits crypto market
Bitcoin fell below $84,000 as oil climbed on Iranian tanker attacks, while smaller tokens fell harder and liquidations rose to $547 million. Source：CoinDesk
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Robinhood adds bitcoin worth $25 million to its balance sheet
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting…
Down but not out. Bitcoin's stair-step bullish trajectory is still intact
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stairstep trajectory intact. Source：CoinDesk
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham. Source：CoinDesk
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
The consumerfocused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth…
Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into…
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed. Source：CoinDesk
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral protocol easier for businesses…
Crypto is expanding the boundaries of what can be priced
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of…
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an…