When it comes to managing your crypto assets, control and security matter. This is where GEME Wallet truly stands out.
Unlike custodial wallets, where a third party holds and manages your private keys, GEME Wallet is non-custodial. This means you—and only you—own your private keys and seed phrase. No company, platform, or intermediary has access to your funds.
With custodial services, your assets depend entirely on the provider’s security and policies. If the service is compromised or restricted, your funds may be at risk. GEME Wallet removes this dependency, giving you full ownership and freedom over your crypto.
Why choose GEME Wallet?
🔐 Full control of your private keys
🧩 No third-party access to your funds
🛡️ Higher security & transparency
🚀 True ownership of your digital assets
With GEME Wallet, your crypto is truly yours—secure, transparent, and fully under your control.
SAFE Crypto Act will Have Scammers Shaking In Their Boots: Crypto Lawyer
Newly proposed legislation could see the US Treasury, FinCEN, the Secret Service, and law enforcement coordinate to catch crypto scammers and fraudsters. Two US Senators have introduced legislation aimed at cracking down on crypto fraud and scams by equipping law enforcement with better tools to spot attacks and identify perpetrators.
The Strengthening Agency Frameworks for Enforcement of Cryptocurrency (SAFE) Act, introduced by Democrat Elissa Slotkin and Republican Jerry Moran on Monday, seeks to coordinate action between the US Treasury, law enforcement, regulators and private sector players to tackle crypto fraud and scams.
“This task force, established by the SAFE Cryptocurrency Act, will allow us to draw upon every resource we have to combat fraud in digital assets,” Slotkin said, while Moran added:
“As cryptocurrency becomes more widely used, this legislation would help counter threats and make certain all Americans are better protected from crypto scams.” The Federal Bureau of Investigation reported Americans lost $9.3 billion to crypto-related investment scams in 2024, marking a 66% increase from 2023. Individuals over 60 were the worst affected, accounting for losses of $2.84 billion.
It should be noted that the figure includes any investment scam that simply mentions crypto as part of its ploy. Many do not involve blockchain or cryptocurrencies.
Despite public and private efforts to raise awareness, crypto fraudsters and scammers have found more sophisticated ways to steal funds from investors.
However, Gabriel Shapiro, general counsel of crypto investment firm Delphi Labs, noted that a successful implementation of the SAFE Crypto Act could prompt crypto fraudsters and scammers into a state of panic .
“Scammers will probably end up shitting themselves if this goes hard,” Shapiro said in a post to X on Tuesday, noting that the attorney general.
CIS Exclusive Binance Earn Special Offer: Subscribe to USDT Simple Earn to Enjoy 700% APR!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Earn is pleased to launch a promotion on Simple Earn Flexible Products for eligible users in Kazakhstan, Azerbaijan, Uzbekistan, Belarus, Armenia, Kyrgyzstan, Tajikistan, Turkmenistan, Moldova! During the Promotion Period, every eligible user who subscribes to USDT Flexible Products can enjoy an exclusive 700% Bonus Tiered APR rewards for 5 days. Promotion Period: 2025-12-16 00:00 (UTC) to 2026-01-16 23:59 (UTC) How to Participate Only KZ, AZ, UZ, BY, AM, KG, TJ, TM, MD users who have not subscribed to Simple Earn Flexible Products across all tokens prior to 2025-12-16 00:00 (UTC) are eligible for this special offer.Subscription Format: Maximum five (5) days of subscription period.* Complete subscription on a first-come, first-served basis in accordance with the terms below.Reward Payout: Bonus Tiered APR: Distributed to users’ Spot Accounts on a daily basis.The first reward will be given the day after accrual starts (two days after subscription).Real-Time APR: Accrued and directly accumulated in users’ Earn Accounts every minute. Simple Earn Flexible Products Special Offer Digital AssetDurationAPR During the Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserUSDT5 daysTier 1Tier 20.1 USDTUnlimitedReal-Time APR+700% Bonus Tiered APR(0 - 200 USDT)Real-Time APR(Tier > 200 USDT) Subscribe Now Terms & Conditions: These terms and conditions (“Activity Terms”) govern users’ participation in the activity above (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice.Only users who complete identity verification during the Promotion Period can qualify for rewards in the Promotion. Only master accounts qualify for rewards in the Promotion, sub-accounts are not eligible to receive rewards. The products or features referred to above may not be available in your region. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance services in each country from which the services are accessed.Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn. Rewards:This Promotion has a total prize pool of 10,000 USDT and will end once either all prizes are distributed or the Promotion Period concludes, whichever comes first.Real-Time APR is subject to change every minute, please refer to the respective product page(s) for accurate information. Real-Time APR rewards are accrued and directly accumulated in users’ Earn Accounts every minute.Bonus Tiered APR rewards are offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Account.All users who subscribe to the Simple Earn Flexible Products Special Offer will receive both Real-Time APR and Bonus Tiered APR rewards for up to 5 days during the Promotion Period.* Before the Promotion ends, users can enjoy the Special Offer within the 5-day period after the first subscription. Redemption within the 5-day period will terminate the reward accrual of the Bonus Tiered APR rewards from the redemption day. After the Promotion ends, users will only be entitled to Real-Time APR rewards. Example: New User A subscribes to USDT Flexible Products on 2025-12-16, redeems on 2025-12-19, and resubscribes on 2025-12-30. Bonus Tiered APR rewards will accrue on 2025-12-17, 2025-12-18, and 2025-12-31, and be distributed to User A on 2025-12-18, 2025-12-19, and 2026-01-01.Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.APR rewards are distributed from Binance’s own funds, and are determined based on the assessment and evaluation of prevailing market conditions. This Promotion is not associated with the issuer of USDT in any manner.A large amount of redemption requests might delay redemption temporarily. Redemptions may resume upon return of liquidity.Users can view their Flexible Products assets by going to Assets > Earn > Simple Earn > Flexible.Redemption time for Flexible Products subscriptions: Instant.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Additional Promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-12-16
Crypto Urges SEC To See The Good in Blockchain Privacy Tools 🔐
SEC chair Paul Atkins says the agency must find how to allow people to use blockchain privacy tools “without immediately falling under suspicion. Crypto industry executives have urged the US Securities and Exchange Commission to shift its thinking on blockchain privacy tools, pitching that there are legitimate applications for them outside of criminal use.
The SEC hosted crypto and finance executives for a discussion and panel on financial surveillance and privacy on Monday, the agency’s sixth crypto-focused roundtable this year, as it seeks to overhaul its approach to crypto.
StarkWare general counsel Katherine Kirkpatrick Bos, who participated in a panel discussion, told Cointelegraph after the event that a major takeaway was that there shouldn’t be an assumption that those using and creating privacy tools are “overwhelmed by wrongdoers.”
“Why is the assumption that an individual needs to affirmatively prove that they are compliant or they’re using the tool for good?” “As opposed to it being the other way around, where the assumption is that this individual is using the tool for good until there is some sort of indication that they’re using it for bad,” she said.
Kirkpatrick Bos added that “of course, wrongdoers were using, or are using those tools, but there needs to be a balance.”
Binance To advise Pakistan on $2 Billion Asset Tokenization As Country Prepares Stablecoin Launch Partner offers
Pakistan’s Finance Ministry signed a non-binding MoU with Binance to explore the tokenization of sovereign bonds, treasury bills, and commodity reserves valued at up to $2 billion. The country’s Virtual Assets Regulatory Authority also granted preliminary clearances to Binance and HTX to begin local licensing processes. The moves follow Pakistan’s recent announcement that it plans to launch a national stablecoin as part of a broader digital finance overhaul. Advertisement
Pakistan is ramping up its digital asset ambitions, signing a memorandum of understanding (MoU) with crypto exchange Binance to explore tokenizing up to $2 billion in state-owned assets while also advancing plans for a national stablecoin.
The agreement, announced Friday by the country's finance ministry, sets the stage for Binance to advise on blockchain-based distribution of Pakistan's sovereign bonds, treasury bills, and commodity reserves including oil, gas, and metals, according to Reuters.
Pakistani Finance Minister Muhammad Aurangzeb characterized the MoU as a signal of Pakistan's reform trajectory and a step toward a "long-term partnership" with Binance. "The next step for us is execution, and we are fully committed to delivering results with speed and quality," Aurangzeb said.
Binance founder Changpeng "CZ" Zhao, who serves as a strategic advisor to the Pakistan Crypto Council, called the agreement "a great signal for the global blockchain industry and for Pakistan," adding that it marks the beginning of a move toward full deployment of the tokenization initiative. The Binance MoU is non-binding and requires definitive agreements within six months, subject to regulatory approvals.
Binance, HTX secure preliminary clearance Alongside the Binance MoU, Pakistan's regulator granted preliminary clearances to both Binance and HTX to begin local licensing.
XRP Bulls Gain Ground Over Bears On Social Media, ETF Inflow Streak Continues 🚀
Spot XRP exchange-traded funds continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows.
Trader sentiment toward XRP has been shifting into bullish territory on social media this week, according to market intelligence platform Santiment, and at the same time, the streak of inflows into the token’s exchange-traded funds has continued.
Retail traders are staying optimistic toward XRP XRP $2.02 as it hovers around the $2 mark, with the week recording the seventh highest number of bullish comments for the year, Santiment said on Friday, citing data from its analytics platform Sanbase, which monitors social interest across cryptocurrency social channels, including Telegram, Discord, subreddits, and X.
“XRP’s bulls and bears continue to battle, and the asset is hanging on to a $2.00 market value for now. Sentiment is showing bullishness across social media,” Santiment said.
XRP has been drifting between $1.99 and $2.17 in the last seven days and is trading hands for $2.03 as of Saturday, according to crypto data aggregator CoinGecko. XRP ETF inflow streak continues Meanwhile, spot XRP exchange-traded funds (ETFs) continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows, according to crypto research and investment platform SoSoValue.
The ongoing influx has pushed cumulative total inflows to nearly $974.5 million and the total assets under management to about $1.18 billion.
Nov. 14 has still been the strongest day for XRP ETF inflows, with over $243 million. In the weeks since, Nov. 18 has been the weakest day, with only $8 million, and Nov. 18 has seen the second-highest intake with $164 million. Related: Ripple seeks to buy $1 billion XRP tokens for new treasury: Report Giannis Andreou, the founder and CEO of crypto miner Bitmern Mining, said in an X post at the start of the week that “Wall Street hasn’t stopped buying,”
**“Market up, market down… The important thing is to eat 🍜😌 #BinanceSquareTalks #Write2Earn #squrecreator #BinanceAlphaAlert #TrumpTariffs $BTC $SOL $XRP
Bitcoin decouples From Stocks in Second Half of 2025📉📈
The gap between equities and Bitcoin got wider after Bitcoin’s post-all-time-peak correction in October. The US Federal Reserve announced its third interest rate cut of the year on Wednesday, lifting US equities while Bitcoin BTC $90,373 slipped before bouncing back.
That dynamic has defined the second half of 2025. Even as capital flows into Bitcoin are increasingly tied to traditional equity investors, the cryptocurrency has continued to diverge from the stock market.
Over the past six months, Bitcoin has fallen almost 18%. Meanwhile, the three major US stock indexes posted strong and consistent gains, with the Nasdaq Composite up 21%, the S&P 500 rising 14.35% and the Dow Jones Industrial Average climbing 12.11%.
Bitcoin has still recorded notable milestones this year, including setting new all-time highs and avoiding the typical “red September” for the third year in a row.
Here’s how Bitcoin’s divergence from stocks has widened through the second half of the year. July: GENIUS Act lifts crypto July 2025 was defined by strong equity performance and a resilient risk appetite that persisted despite significant tariff announcements.
Early-July trade rhetoric caused brief turbulence, but markets quickly shifted their focus back to corporate earnings and underlying growth fundamentals.
Related: DATs bring crypto’s insider trading problem to TradFi: Shane Molidor
On July 9, AI chip giant Nvidia became the first company to reach a $4-trillion valuation. On the same day, equities shrugged off trade-related shocks as the S&P 500 and Nasdaq posted fresh record highs even after the US announced 50% tariffs on copper.
Bitcoin ended July up 8.13%, marking its strongest monthly performance in the second half of the year to date, including December. Crypto markets strengthened after US President Donald Trump signed the GENIUS Act into law, injecting fresh optimism into the sector, particularly for stablecoin-related. #BinanceSquareTalks
Luna founder sentenced to 15 years in prison by Beautiful Country for a job well done, all his tokens have gone to zero Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a U.S. judge for his involvement in the Terra-Luna token collapse. The 2022 collapse resulted in a loss of $40 billion, and the judge pointed out his choice to lie and engage in misconduct. $LUNA2 $1000LUNC $USTC {future}(LUNA2USDT)
Crypto News Flash Solana Set for Major Exposure as Coinbase Opens Instant Trading to 100 Million Users 💯
As part of Solana integration, millions of assets will be instantly accessible to Coinbase’s user base, and allow issuers to reach global markets. The feature is similar to Coinbase’s existing interface, but executes all core functions fully on-chain. Coinbase has formed a new partnership with the Solana ecosystem, unveiling a new on-chain trading feature that enables users to trade tokens directly on the Solana network without requiring a formal listing process. The announcement was made at the Breakpoint 2025 conference in Abu Dhabi on December 11.
According to Andrew Allen, head of Coinbase’s Solana product team, the initiative will bring millions of new assets on-chain and make them immediately accessible to users. He noted that the feature allows instant trading of these tokens on Coinbase. It also gives issuers the ability to reach a global audience without undergoing a traditional listing review.
“For issuers and builders, if your token has sufficient liquidity, this means you can be accessible to the millions of users on Coinbase without getting listed,” said Allen.
The launch builds on Coinbase’s earlier expansion of decentralized exchange integrations, including support for tokens on its Base blockchain introduced in August. At that time, the company indicated plans to broaden DEX connectivity across additional networks, beginning with Solana. This is the latest development after the formation of the Solana-Base bridge last week. Coinbase on Improving Connection With Solana Sabs Sachdeva, a Coinbase software engineer leading the Solana DEX integration, shared how the new feature works during the Abu Dhabi event. The interface is very similar Coinbase’s traditional trading platform. However, the Solana blockchain directly handles functions like order execution, routing, as well as slippage . #BinanceSquareFamily
wait ....wait ....wait ......Guys leave everything and focus here....$ETH Is Preparing for Its Next Big Move Structure Is Speaking Clearly...
$ETH on the weekly chart is showing a very clear pattern: every time it taps the 2,800–3,000 demand zone, it rebounds with strong momentum. This week is no different — buyers stepped in again, holding the structure firmly.
Right now ETH is pushing toward the 3,400–3,500 resistance area. A breakout above 3,500 on weekly candles opens the door for a much larger move.
If ETH closes above 3,500 with strength, the next upside targets are visible: 4,000 → 4,350 → 4,800
But if ETH gets rejected here and drops back below 3,100, a retest toward 2,850 becomes possible before any bigger move.
Bottom Line: – Structure is bullish – Weekly trend is curling upward – Momentum is building again – Break above 3,500 = continuation toward 4k+
ETH is entering an important zone — watch how it reacts here, because the next major trend will be decided at this level.
Asia's Newest Crypto hub: Gelephu Mindfulness City Partners With Matrixdock for Pioneering Gold Tokenization initiative ✍️
Singapore, Gelephu, Bhutan, December 11, 2025 – Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC’s gold-backed token, TER.
This strategic collaboration follows the recent granting by the GMC Authority (GMCA) of a Financial Services Licence to Matrixdock's parent company, Matrixport, a global crypto financial services leader. This dual announcement signals GMC’s serious commitment to building a transparent and secure global hub for digital finance and attracting top-tier blockchain innovation.
Under this partnership, Matrixdock serves as the key tokenization technology provider for TER.Leveraging its leadership in gold tokenization and institutional-grade infrastructure, Matrixdock will develop the tokenization infrastructure underpinning TER. This initiative underscores GMC’s mission to advance a secure, transparent and digital-first financial ecosystem that enhances macroeconomic resilience and expands access to prosperity for individuals and enterprises in GMC and internationally.
The groundbreaking collaboration was celebrated with statements from key figures driving this initiative:
HB Lim, Managing Director (Financial Services), GMCA stated: “GMC aims to be an innovative, transparent, and blockchain-centred hub for digital assets, and regulatory clarity is our competitive edge. The licensing of Matrixport and appointment of Matrixdock are significant milestones, and we are currently in advanced discussions with a strong pipeline of other international digital asset firms who recognize GMC’s unique advantage as a secure and growth-focused base of operations.
Yudong Zhang, CEO of DK Bank, GMC’s pioneering digital-first bank,
🌐 Blockchain Trial on Canton Network Tests Collateral Reuse With Tokenized US Treasurys !!!
The latest trial explored multiple stablecoins and showed tokenized US Treasurys can be reused instantly across counterparties.
Digital Asset and a group of financial institutions have completed a second round of onchain US Treasury financing on the Canton Network, introducing real-time collateral reuse and expanding the number of stablecoins involved. 🚀 Five transactions were executed in the newest phase, building on the July pilot, which first demonstrated that US Treasurys and the USDC USDC $1 stablecoin could be combined to finance and settle transactions on the blockchain.
In the latest trial, the companies used multiple stablecoins to finance positions against tokenized US Treasurys, widening the pool of onchain liquidity available for financing transactions.
The trial showed that tokenized US Treasurys could be passed between counterparties and reused as collateral in real-time, sidestepping the operational delays that typically accompany rehypothecation in traditional finance. ✍️ The effort brought together Bank of America, Citadel Securities, Cumberland DRW, Virtu Financial, Société Générale, Tradeweb, Circle, Brale and M1X Global, which are all a part of the Canton Network’s Industry Working Group. Kelly Mathieson, chief business development officer at Digital Asset — the company behind the Canton Network — said in a statement that the test was “part of a thoughtful progression toward a new market model.” 💯 Justin Peterson, chief technology officer of Tradeweb, added that “demonstrating real-time collateral reuse and expanded stablecoin liquidity isn’t just a technical achievement — it’s a blueprint for what the future of institutional finance can look like.” #BinanceSquareFamily
The Federal Reserve (Fed) holds several key meetings throughout the year to review the state of the U.S. economy and decide on monetary policy actions that influence global financial markets. These meetings are closely watched by investors, governments, and financial institutions because decisions made by the Fed often impact interest rates, inflation, lending, and overall economic stability.
1. Purpose of the Federal Reserve Meetings
Each meeting focuses on: Reviewing economic data such as inflation, employment, and GDP growth Assessing global financial risks Deciding whether to raise, cut, or maintain interest rates Discussing long-term monetary policy strategies Communicating future economic outlooks to the public
2. Key Decisions Made During the Meetings The Federal Open Market Committee (FOMC), made up of Federal Reserve governors and regional bank presidents, makes decisions such as: Interest rate adjustments (most important for markets) Quantitative easing or tightening Economic projections and policy statements Guidance on future monetary actions These decisions affect borrowing costs, mortgage rates, investment flows, and even cryptocurrency market sentiment.
3. Impact on Financial Markets Every meeting has the potential to move markets significantly. Some key effects include: Stock Market: Markets react instantly to interest rate changes or unexpected policy announcements. Dollar Strength: Higher rates often strengthen the U.S. dollar, affecting global trade. Crypto Market: Bitcoin and altcoins often react to Fed decisions, especially concerning inflation and liquidity. Bond Market: Treasury yields shift based on expectations of future policy.
4. Economic Indicators Monitored During the Year To prepare for each meeting, the Fed analyzes: CPI & PCE inflation numbers Employment/unemployment rates Wage growth, Consumer spending, Global economic pressures, Banking system stability. This helps them determine whether the economy is expanding too fast or slowing down. #FedRatePrediction
$BTC BitCoin Peeled Off Exchanges This Year In Positive Long -Term Sign 👇
Some of the Bitcoin outflows from exchanges are going to individual users’ storage wallets, but ETFs and institutions are accumulating coins too.
There are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, in a positive sign for the market, according to the market intelligence platform Santiment. Over 403,000 Bitcoin BTC$90,127 have moved off exchanges since Dec. 7, 2024, representing roughly 2% of the total supply, Santiment said in an X post on Monday, citing data from its sanbase dashboard.
Users often move their Bitcoin away from exchanges into cold storage wallets, which, in theory, makes it harder to sell and could signal long-term plans to hold onto it. 👌 “In general, this is a positive long-term sign. The less coins exist on exchanges, the less likely we’ve historically seen a major sell-off that causes downside pressure for an asset’s price.” “As Bitcoin's market value hovers around $90K, crypto’s top market cap continues to see its supply moving away from exchanges,” Santiment added.
🚀 A year ago, there were around 1.8 million Bitcoin on exchanges. Source: Santiment Bitcoin is also shifting into ETFs While much of the Bitcoin on exchanges is likely headed back to hodler wallets, Giannis Andreou, the founder and CEO of crypto miner Bitmern Mining, said that exchange-traded funds (ETF) could also be absorbing these coins. 💯 Citing data from BitcoinTresuries.Net, Andreou said that ETFs and public companies now hold more Bitcoin than all exchanges combined, after years of outflows and ETFs quietly accumulating in the background.
$ETH Ethereum’s first ZK-rollup, ZKsync Lite, to be retired in 2026 ZKsync says its first Ethereum zero-knowledge rollup blockchain will have an “orderly sunset” next year as it has served its purpose. ZKsync Lite, the first-ever zero-knowledge (ZK) rollup network to launch on Ethereum, will be deprecated next year, its team says, as it has fulfilled its purpose.
“In 2026, we plan to deprecate ZKsync Lite (aka ZKsync 1.0), the original ZK-rollup we launched on Ethereum,” ZKsync wrote to X on Sunday. “This is a planned, orderly sunset for a system that has served its purpose and does not affect any other ZKsync systems.”
It added that ZKsync Lite “was a groundbreaking proof-of-concept and validated critical ideas related to building production ZK systems.”
“It did its job: prove what’s possible and pave the way for the next generation.” Technology company Matter Labs launched ZKsync Lite in 2020, designed for fast transfers and minting non-fungible tokens (NFTs). However, it didn’t support smart contracts, which limited its use.
I’m 100% confident this coin is going straight to $10 very soon — the pump is inevitable! 💯🔥 Perfect long entry: $1.30 Don’t miss this golden opportunity! 💰⚡ I strongly recommend everyone to go LONG on $TRADOOR ! 🚀✨
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: Coinbase Institutional forecasts a strong year-end rally for Bitcoin, Western Union announced it will roll out a “stable card” for high-inflation economies, and Strategy’s Phong Le addresses why his firm raised a $1.44 billion USD reserve earlier this week.
📈📉 Bitcoin poised for year-end rally: Coinbase Institutional Coinbase Institutional forecasts a strong year-end rally for Bitcoin and the broader cryptocurrency market, driven by a growing global M2 supply and US Federal Reserve rate cuts.
“We think crypto could be poised for a December recovery as liquidity improves, Fed cut odds jump to 92% (as of Dec 4), and macro tailwinds build,” Coinbase Institutional wrote in a recent report.
The firm previously predicted Bitcoin’s October “weakness” based on money-supply dynamics and now expects a “December reversal” to follow.
A year-end rally would align with broader market patterns, as seasonality often contributes to the so-called “Santa Claus rally,” when asset prices tend to rise during the holiday period.
Cryptocurrencies, Western Union, CFTC, Poland, ESMA, European Union, Stablecoin, MicroStrategy, MiCA. #binancesqquare