Bitcoin’s prolonged sell-side pressure from long-term holders may be approaching its limits after years of steady distribution, according to K33.
The post K33 Says Long-Term Bitcoin Holder Selling May Be Nearing Exhaustion appeared first on Cryptonews. …
Category: Cryptocurrencies
HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise
HashKey Holdings closed 3% below its IPO price of HK$6.68 in its Hong Kong debut despite raising $206 million and attracting oversubscription from institutional and retail investors, as the city’s largest licensed crypto exchange navigates broader market headwinds with bitcoin down 36% from October highs.
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Tether Launches PearPass, a Peer-to-Peer Password Manager Without Cloud Storage
Tether introduced PearPass, a free peer-to-peer password manager that removes cloud infrastructure vulnerabilities by storing credentials exclusively on user devices while enabling encrypted synchronization across platforms, as the stablecoin giant addresses escalating cybersecurity threats following major breaches exposing billions of credentials at cloud-based competitors.
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Circle Partners With LianLian Global to Explore Stablecoin Payments
Circle Internet Group, Inc. (NYSE: CRCL), the global financial technology firm and issuer of USDC, announced it has signed a Memorandum of Understanding (MOU) with LianLian Global, a licensed cross-border payments provider.
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Gemini, PancakeSwap Enter Prediction Markets as Fever Spreads Across Crypto
Crypto platforms are accelerating their push into prediction markets, with Gemini and PancakeSwap emerging as the latest players to roll out new offerings.
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SBF’s Ex-Girlfriend Caroline Ellison Transferred to Early Community Confinement
Former Alameda Research CEO Caroline Ellison has been transferred to community confinement after serving approximately 11 months of her two-year sentence, earning early release through substantial cooperation in prosecuting FTX founder Sam Bankman-Fried.
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Crypto Will Never be Recognized as Official Currency in Russia, Lawmaker Says
Russian lawmaker Anatoly Aksakov said that payments in Russia must only be conducted in rubles, dismissing crypto becoming legal tender.
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Elizabeth Warren Presses DOJ, Treasury on Potential Probe of DeFi Exchanges
Elizabeth Warren is seeking answers from federal law enforcement over whether decentralized cryptocurrency exchanges are under active investigation.
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Bhutan Pledges $1 Billion in Bitcoin to Build ‘Mindfulness City’ Without Selling Reserves
Bhutan announced a Bitcoin Development Pledge committing up to 10,000 BTC valued at approximately $1 billion toward Gelephu Mindfulness City construction, using collateralized lending and yield strategies to finance infrastructure while preserving its position as the world’s fifth-largest government Bitcoin holder.
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Best Altcoin to Buy Today That Could 100x – 16 December
The crypto market remains a state of ‘extreme fear,’ but here’s the best altcoin to buy now in order to make profits amid the pessimism.
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