Bitcoin has traded near $89,000 as desks have weighed whether a Santa Claus Rally has depended less on the calendar and more on deeper spot liquidity, controlled leverage, a sustained run of spot ETF creations and rising net stablecoin supply across multiple sessions.
The post Why This Santa Claus Rally Setup Leaves Bitcoin One Shock Away From Support Retest appeared first on Cryptonews. …
Category: Cryptocurrencies
Bitcoin Price Prediction: $200M in Leveraged Liquidations Pushes BTC Under $90K — Can Bitcoin Avoid a Breakdown Below $84K?
Bitcoin tumbles below $90,000 following $200 million in leveraged liquidations and $3.3 billion BTC options expiry, with traders warning that failure to hold $84,000 support could trigger deeper correction toward $76,000.
The post Bitcoin Price Prediction: $200M in Leveraged Liquidations Pushes BTC Under $90K — Can Bitcoin Avoid a Breakdown Below $84K? appeared first on Cryptonews. …
Polymarket to Launch In-House Trading Desk That Bets Against Users: Report
Polymarket has begun building an internal market-making unit to provide liquidity as it relaunches in the U.S., echoing Kalshi’s model, whose house desk has already faced criticism and a proposed class action alleging conflicts with customers’ bets.
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Poland Stalls MiCA-Style Crypto Rules as Lawmakers Fail to Override Presidential Veto
Poland has failed to overturn a veto on an extensive MiCA-style crypto bill, leaving it as the EU’s last member without a national regime and deepening the standoff between President Nawrocki and Prime Minister Tusk over security, Russian interference, civil liberties and industry impact.
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China’s Alibaba AI Predicts the Price of XRP, Cardano, Dogecoin by the End of 2025
Alibaba AI has unveiled detailed forecasts for XRP, Cardano, and Dogecoin, outlining potential gains and risks for each token. The model indicates that all three cryptocurrencies could face heightened volatility through December as investor sentiment fluctuates.
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Strive Urges MSCI to Scrap Proposal Excluding Major BTC Holders
Strive is pushing back against MSCI’s plan to remove companies with significant digital-asset exposure from its global indexes.
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Strategy CEO Says $1.44B Cash Reserve Aims to Calm Bitcoin-Slump Fears
Strategy built a $1.44B cash reserve to ease investor fears about its ability to meet dividend and debt obligations.
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Indiana Bill Would Mandate Bitcoin in Pensions and Shield Self-Custody Rights
Indiana lawmakers have introduced HB1042, a bill that would allow public pension plans to offer crypto ETF exposure and protect digital asset usage across the state.
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Do Kwon Sentencing: US Wants 12 Years for Terra’s $40 Billion Crash
Federal prosecutors are seeking a 12-year prison term for Terraform Labs co-founder Do Kwon, whose algorithmic stablecoin fraud triggered a $40 billion market collapse that prosecutors say contributed to broader crypto contagion including FTX’s failure.
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CoinShares Debunks Tether Collapse Fears After Hayes Warning
CoinShares head of research James Butterfill has rejected insolvency concerns surrounding Tether following warnings from BitMEX founder Arthur Hayes, pointing to over $181 billion in reserves against $174 billion liabilities with a $6.78 billion surplus.
The post CoinShares Debunks Tether Collapse Fears After Hayes Warning appeared first on Cryptonews. …