Author: James Wilson
The GME stock price retreated by over 5% on Wednesday, reaching its lowest level since Nov. 26 as GameStop faced a double whammy of weak sales and the ongoing woes in the Bitcoin treasury industry. Summary The GME share price pulled back after publishing its earnings. GameStop is facing a double whammy of slow growth and ongoing challenges among Bitcoin treasury companies. The weekly chart shows that the stock has formed a head-and-shoulders pattern. GameStop stock dropped to $21.5, down by over 37% from its highest level this year, bringing its market capitalization from $15 billion to $10 billion. GameStop…
WIF price a sharp rebound from $0.31 as bullish volume returns, reclaiming key structure. A sustained hold above the point of control could open the path toward $0.48. Summary WIF sees a sharp recovery after defending the $0.31 support level. Point of control reclaimed, indicating renewed market strength beneath price. Holding current structure could pave the way for a move toward $0.48. WIF (WIF) price is showing one of its most notable technical recoveries in recent weeks after rebounding aggressively from the $0.31 region. This bounce, backed by clear increases in bullish volume, has shifted short-term sentiment and positioned the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Institutional capital is finally flowing into the crypto sector. It first came through Bitcoin (BTC) and Ethereum (ETH) ETFs, but the next frontier is staking, where assets don’t just sit around; they earn yield. Institutions demand growth, compliance, and security. Now that crypto is part of their capital base, staking is destined to become a core strategic pillar. Summary Most validators still run on consumer cloud platforms (AWS, Google Cloud), exposing networks to centralization, outages, opaque performance,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP holders look for steadier returns in a slow and unpredictable market, many are turning to Sunny Mining’s automated cloud-mining model for daily earnings without active trading. Summary Sunny Mining lets users buy cloud-hashrate contracts with XRP and earn automatic daily payouts. The platform follows UK and EU regulatory standards and offers strong security, transparent fees, and beginner-friendly features. New users receive a $15 bonus, and contracts start from $100, giving investors a simple way to generate passive…
Abu Dhabi’s ADGM designates Tether’s USDT as an Accepted Fiat-Referenced Token across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON, expanding prior approvals. Summary ADGM’s FSRA now recognizes USDT as an Accepted Fiat-Referenced Token for regulated institutions across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON. The move builds on earlier recognition of USDT on Ethereum, Solana and Avalanche, enabling cross-border payments, custody and settlement in a supervised framework. Tether says the UAE’s digital asset rules and ADGM partnership advance financial inclusion while positioning USDT as a core settlement rail in the region. Tether’s USDT stablecoin…
Tajikistan passes law imposing steep fines and up to 8 years in prison for Bitcoin miners using stolen electricity amid worsening winter energy shortages. Summary New Criminal Code article punishes illegal electricity use for virtual asset mining with fines and multi‑year prison terms. Prosecutor General links gray mining farms to nationwide power shortages, financial losses and money laundering risks. Amendments also target tax evasion in crypto mining and will take effect after President Rahmon signs and publishes the bill. Tajikistan’s parliament has approved legislation imposing prison sentences of up to eight years for individuals who mine bitcoin using electricity illegally…
Bitwise’s $1.25b 10-asset crypto fund wins SEC approval to uplist from OTC to NYSE Arca as a regulated ETP, giving institutions index-style exposure to top coins. Summary SEC approves Bitwise 10 Crypto Index Fund to trade as an exchange-traded product on NYSE Arca after a delayed review and Dec. 4, 2024 rule change certification. The $1.25b rules-based fund tracks the 10 largest cryptocurrencies by market cap and liquidity, with monthly rebalancing and current holdings like BTC, ETH, SOL and XRP. Uplisting from OTC expands access for advisors and institutions, aligning crypto index exposure with traditional ETP structures alongside Grayscale’s multi-asset…
Crypto prices today are edging higher as traders position for the Federal Reserve’s December interest rate decision and a possible shift in liquidity conditions. Summary Bitcoin, Ethereum, and major altcoins rose ahead of the Fed policy decision. Traders expect a 25bp cut with mixed historical reactions after FOMC events. Analysts see possible short-term swings, with key support near $87,000. The total cryptocurrency market value rose 3% to $3.2 trillion, extending a quiet recovery across major assets. Bitcoin gained 2.3% in the past day to $92,496, while Ethereum increased 6% to $3,312. Solana rose 3.9% to $138, continuing its steady climb.…
Aave Labs has proposed deploying Aave V3 on MegaETH at mainnet launch to capture early liquidity and borrowing demand. Summary Aave Labs reopened its ARFC to deploy Aave V3 on MegaETH at Day 0. Incentives include 30M MegaETH points and a 6% MEGA KPI reserve. Proposal follows MegaETH’s $1B pre-deposit event and Aave’s recent product updates. Aave Labs has submitted a new governance proposal to launch Aave V3 on MegaETH at mainnet Day 0, aiming to draw fast user growth, deep liquidity, and strong borrowing demand. The Dec. 8 proposal reopens an earlier discussion to prepare a V3 deployment on…
Visa unveiled new survey data highlighting the growing impact of artificial intelligence (AI) and cryptocurrency on consumer spending, marking a generational shift in shopping behavior this holiday season. Summary Visa’s survey shows nearly 50% of U.S. shoppers are using AI tools for holiday shopping. Gen Z is outpacing other generations in digital-first shopping behaviors, including using digital wallets. As shoppers embrace new technologies, concerns about transparency, security, and online scams remain, with 61% preferring human customer service and 66% worried about potential online scams this season. According to the survey, nearly half of U.S. shoppers are now using AI tools…