Day: December 16, 2025

Bitcoin Price Drops 5%—Is the Downtrend Back in Control?

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Bitcoin price corrected gains and traded below the $88,000 support zone. BTC is now consolidating and might struggle to clear the $88,500 zone. Bitcoin started a fresh decline from the $90,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $85,000 zone. Bitcoin Price Dips Further Bitcoin price failed to…

Trump Says He’ll Examine Case of Samourai Wallet Developer

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US President Donald Trump says he will review the case of convicted Samourai Wallet developer Keonne Rodriguez, hinting he will explore the possibility of a pardon. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison on charges stemming from their involvement in the crypto mixing protocol. “I’ve heard about it, I’ll look at it,” Trump said when asked about the case at a press conference about the Mexican border at the White House on Monday. “Okay, let’s take a…

Bitcoin (BTC) Headed for a Brutal Reset? Analyst Warns $60,000 Is Still on the Table

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Delayed Fed easing, weakening jobs data, and broken technical structures all indicate that Bitcoin’s bull market could be over. The crypto market has weakened since early October, with Bitcoin (BTC) sliding to about $90,000 from its then-peak of $126,000. Amidst rising concerns, market analyst Mr. Wall Street said that BTC is gearing up for a significant downturn after a final rebound toward the $100,000 level. He said a combination of deteriorating macroeconomic conditions, delayed Federal Reserve action, and bearish technical signals points to the start of a broader bear…

Ethereum (ETH) Stuck in a Mess? Key Levels to Watch This Cycle

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Ethereum holds $3K support as analysts track key levels and fractal patterns. Wave structure suggests a possible breakout toward $7,800+. Ethereum (ETH) is trading below $3,100 with a slight decline in the last 24 hours and little movement over the past week. The asset has held the $3,000 level despite broader market uncertainty. While it remains stable for now, the price action continues to lack direction. $2,800 and $4,100 Remain Key Zones Daan Crypto Trades has outlined two key levels that continue to define Ethereum’s higher timeframe structure —…

SBI, Startale Signal Institutional Path for Yen Stablecoins in Japan

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Japanese financial conglomerate SBI Holdings and Web3 infrastructure company Startale Group have signed a memorandum of understanding (MoU) to develop a fully regulated Japanese yen-denominated stablecoin, targeting tokenized asset markets and global settlement, the companies said in a press release shared with Cointelegraph. Under the MoU, the project will be issued and redeemed by Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank. At the same time, the licensed crypto asset exchange service provider, SBI VC Trade, will support circulation of the stablecoin.  Yoshitaka Kitao, the representative director,…

Trump open to reviewing pardon for Samourai Bitcoin app developer

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Key Takeaways Trump expressed willingness to consider a pardon for Samourai Wallet developer Keonne Rodriguez. The case highlights tensions between privacy-focused crypto development and government prosecution. Share this article President Trump said on Monday that he would review the case of Keonne Rodriguez, co-founder of the Samourai Bitcoin wallet, who was sentenced to five years in prison last month for conspiracy to operate an unlicensed money transmitting business. Trump was asked by Decrypt during an afternoon event in the Oval Office about the possibility of granting clemency to Rodriguez. He…

Crypto Market Drops As Trump Changes Fed Pick, AI Bubble Concerns Rise

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Key takeaways: Leverage surges in the crypto market, with $527M in liquidations in 24 hours, signaling growing caution among traders. Tighter liquidity and rising AI debt risks push traders to exit riskier assets, contributing to a market correction. The cryptocurrency market saw a correction on Monday, with Bitcoin (BTC) retesting the $85,000 level and Ether (ETH) dropping to $2,900. Traders became more risk-averse after a survey showed worsening economic conditions in the United States and changes in investor expectations regarding the proposed options for the next US Federal Reserve Chair.…

Bitcoin’s Sudden Breakdown Sparks $210M Liquidation Storm in 1 Hour

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BTC just dumped to a 2-week low. The calmness around $90,000 didn’t last long as bitcoin nosedived once again on Monday afternoon during the initial hours of US trading. The primary cryptocurrency stood close to $90,000 as of minutes ago, but it suddenly plunged to a two-week low of $86,700. BTCUSD Dec 15. Source: TradingView As hinted earlier today, the week is expected to be highly volatile due to the significant economic data scheduled for release in the following days. However, no main culprit is evident for the current…