Day: December 9, 2025

BTC Breaks $94K Ahead Of FOMC, But This Metric Lags Price

admin

Bitcoin (BTC) bulls appear to be back in control of the short-term trend, pushing the BTC price above $94,000, despite underlying liquidity indicators raising a red flag. Key takeaways: Bitcoin has reclaimed $94,000, strengthening the short-term bullish structure after a few days of indecision. Bid-ask liquidity remained muted despite the breakout, indicating that buyers are stepping in but not yet in sufficient size. Bitcoin maintains uptrend ahead of FOMC meeting Bitcoin struggled to secure a decisive daily close above $93,000 following the initial break in structure on Dec. 3. With…

Bitwise’s Crypto Index Fund Moves to NYSE Arca

admin

Bitwise Asset Management’s 10 Crypto Index Fund (BITW) is moving from the over-the-counter market to NYSE Arca, a shift that brings crypto exposure further into mainstream trading infrastructure. Beginning Tuesday, BITW is officially uplisted to NYSE Arca — one of the New York Stock Exchange’s electronic markets for exchange-traded products — where it will trade as an exchange-traded product, the company announced. Launched in 2017, BITW offers diversified exposure to the 10 largest cryptocurrencies by market capitalization, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP). The fund rebalances…

Canton Network partners with RedStone to expand DeFi access to $6T assets

admin

Key Takeaways Canton Network has partnered with RedStone, an oracle provider, to enhance DeFi access to $6 trillion worth of tokenized real-world assets. RedStone becomes the primary oracle for Canton Network, enabling secure, real-time data feeds for institutional-grade and decentralized finance applications. Share this article Canton Network, a public blockchain tailored for the financial industry, today partnered with RedStone, an oracle provider delivering real-time data feeds for blockchain ecosystems, to expand DeFi access to $6 trillion worth of assets. The partnership enables Canton Network to extend DeFi connectivity to its…

Kalshi surpasses $2.8 million volume on Solana as on-chain activity rises

admin

Key Takeaways Kalshi, a regulated prediction market platform, reached over $2.8 million in trading volume on Solana. The platform allows users to trade tokenized event contracts natively on Solana’s blockchain. Share this article Kalshi, a regulated prediction market platform, today surpassed $2.8 million in trading volume on Solana as its tokenized event contracts gain traction among crypto traders. The platform enables users to bet on event outcomes through blockchain tokens that trade natively on Solana, bringing regulated prediction markets directly into the crypto ecosystem. Kalshi’s integration allows seamless on-chain trading…

Cronos Labs unveils Cronos One, an all-in-one solution for web3 newcomers

admin

Key Takeaways Cronos Labs launched Cronos One, a platform that streamlines Web3 onboarding by integrating wallet top-ups, bridging, and identity verification. Cronos One features gasless, privacy-preserving attestations and is supported by partners like Crypto.com, VVS Finance, Moonlander, Delphi, and Tectonic. Share this article Cronos Labs has unveiled Cronos One, a single hub designed to streamline the onboarding process for newcomers and multi-chain users into the Cronos ecosystem, according to a Tuesday announcement. With Cronos One, users can move assets, fund their wallets, and verify their identity through a smooth, frictionless…

The Sandbox Ecosystem Welcomes Web3 Platform Corners, Beta Now Available to Coin Internet Content

admin

Los Angeles, United States, 9th December 2025, Chainwire [PRESS RELEASE – Los Angeles, United States, December 9th, 2025] The Sandbox ecosystem welcomes Corners, a new Web3 platform in invite-only beta that lets participants coin and gain value from Internet content Expanding The Sandbox ecosystem, Corners is a new Web3 platform to coin, curate, and share the content of the Internet, allowing curators to gain value from collections of URLs from all corners of the Internet The Sandbox and Animoca Brands welcome the new free-to-use curation platform, Corners, into their…

OCC confirms banks can execute riskless principal crypto transactions

admin

Key Takeaways The OCC has confirmed that national banks can execute riskless principal crypto trades, acting as intermediaries without taking crypto onto their own balance sheets. Under Interpretive Letter No. 1188, this allows banks to facilitate offsetting customer trades in crypto while avoiding inventory risk. Share this article The Office of the Comptroller of the Currency (OCC) confirmed today that national banks can execute riskless principal crypto trades, allowing financial institutions to facilitate digital asset transactions without assuming inventory risk. Under Interpretive Letter No. 1188, banks can act as intermediaries…

Bitcoin reclaims $94K ahead of tomorrow’s Fed meeting

admin

Key Takeaways Bitcoin’s move above $94K reflects growing confidence in a near term Fed rate cut. Traders are increasingly focused on Powell’s guidance for signs of further easing beyond 2025. Share this article Bitcoin surged back above $94,000 on Tuesday, extending a sharp recovery as traders positioned ahead of an expected Federal Reserve interest rate cut. The largest digital asset by market value climbed back above $94,000 by midday Tuesday as traders positioned for tomorrow’s Federal Reserve meeting, with markets pricing in a 25 basis point rate cut. The CME…

Over $190M in crypto shorts liquidated in last hour amid Bitcoin rally

admin

Key Takeaways Over $190 million in short positions were liquidated within one hour as Bitcoin’s price surged. Short liquidations are automatic closures of bets against an asset when its price rises beyond margin requirements. Share this article Crypto markets witnessed over $190 million in short position liquidations within a single hour as Bitcoin surged higher, forcing automatic closure of leveraged bets against the leading digital asset. The liquidation wave struck traders who had positioned themselves against Bitcoin’s price movement, with forced sell-offs triggered when the cryptocurrency’s rally pushed past key…

Circle Develops Privacy-Focused USDCx With Aleo

admin

Stablecoin issuer Circle is developing a privacy-enhanced version of its US dollar-pegged USDC token, aiming to spur institutional adoption by offering greater confidentiality than traditional public blockchains allow. The new stablecoin, called USDCx and targeting banking and enterprise users, is being built in partnership with the privacy-focused blockchain company Aleo, Fortune reported on Tuesday, citing Aleo co-founder Howard Wu. Unlike most existing stablecoins, which have wallet addresses and transaction details fully visible onchain, USDCx is designed to provide “banking-level privacy.” Circle would still be able to provide a compliance record…