Day: December 28, 2025

Mirae Asset in Talks to Buy Korean Crypto Exchange Korbit: Report

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Mirae Asset Group is in talks to acquire Korbit, South Korea’s fourth-largest cryptocurrency exchange, in a deal valued at roughly 100 billion to 140 billion Korean won ($70 million to $100 million). The potential acquisition would be led by Mirae Asset Consulting, a non-financial affiliate of the group, which has reportedly signed a memorandum of understanding with Korbit’s major shareholders, according to a Sunday report from The Chosun Daily. Korbit is primarily owned by NXC and its subsidiary Simple Capital Futures, which together hold about 60.5% of the exchange. SK…

Canton (CC) Rockets Again by 17%, Bitcoin (BTC) Stalls Below $88K: Weekend Watch

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FIL is the next big gainer today. Bitcoin’s sluggish price performance during the last weekend of 2025 continues, as the asset has remained sideways between $87,500 and $88,000. Most altcoins are in a similar situation, with little to no volatility from the larger caps. ZEC, DOT, UNI, CC, and NEAR have marked substantial gains from the mid caps. BTC Trades Sideways After a wild period that lasted for the past 10 days or so, BTC has expectedly calmed down during and after the Christmas holidays. In the past business…

Bitcoin Faces a Race to Secure a Green 2025 Yearly Candle

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Bitcoin (BTC) eyed weekend highs into Sunday’s weekly close with the yearly candle in focus. Key points: Bitcoin sees an eerily calm weekend as analysis eyes a three-day bullish divergence locking in. It may take until the new year for capital to redeploy and the BTC price situation to change. Bitcoin is down 6% for the year, potentially marking a bearish post-halving record. New year could bring $100,000 BTC price Data from TradingView showed BTC price action nearing $88,000 after two days of barely any volatility. BTC/USD one-hour chart. Source:…

XRP Structure Will Remain Bearish Until This Key Level Is Reclaimed

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Ripple’s XRP remains under sustained bearish pressure, with recent price action showing limited recovery attempts and continued acceptance at lower levels. The broader structure suggests the market is still in a corrective phase rather than transitioning into accumulation. XRP Price Analysis The Daily Chart On the daily timeframe, XRP continues to trade within a well-defined descending channel that has been respected since the major breakdown earlier in the trend. The asset is currently hovering just above a key demand zone around the $1.80 area, which has acted as a buyer’s…

Ethereum in 2025: The Good, the Bad, and the Ugly 

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With 2026 only a few days away, it is imperative to evaluate how much the Ethereum network has grown this year, from protocol upgrades to price movements and ecosystem expansion. Although 2025 and this bull cycle were not entirely positive for Ether (ETH), the network recorded significant upgrades that optimized the user experience. There are multiple Ethereum Improvement Proposals (EIPs) in the works as developers continue to work together to scale the network. The Good At the start of the year, developers prepared for the release of the Pectra upgrade…

How Will XRP End 2025?

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Will XRP end the year on the right foot? What a year it has been for Ripple and the token behind it. We talked numerous times about the major moves made by the Brad Garlinghouse-led company, which included the closure of the SEC lawsuit, impressive partnerships, and big acquisitions. The underlying asset benefited from some of those, as it pumped to a fresh all-time high of $3.65 in mid-July. However, it has slumped hard in the following months and now sits below a crucial support line at $1.90. Although…

Uniswap Burns $596M in UNI After Fee Switch Governance Vote

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Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury. Onchain data shows the burn transaction was completed at around 4:30 am UTC on Dec. 28, confirming the first large-scale implementation of the governance decision passed earlier this week, according to analyst EmberCN. The transaction permanently reduced Uniswap (UNI)’s token supply, marking one of the largest burns ever carried out by a decentralized finance protocol. The highly anticipated Uniswap…

Bitcoin Doesn’t Need Gold And Silver To ‘Slow Down’

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Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts. “Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that Bitcoiners who think otherwise “don’t understand any of these assets.” Echoing a similar sentiment, macroeconomist Lyn Alden said in a podcast published to YouTube on Saturday, that while “a lot of people phrase it as competition,” she is “not in that camp.” The Bitcoin-to-gold ratio is 19.29 at the…

Crypto Derivatives Hit $85.7 Trillion in 2025 as Binance Tightens Its Grip on the Market

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Binance, OKX, Bybit, and Bitget together control over 60% of total derivatives trading volume. Centralized exchanges (CEXs) firmly dominated global crypto derivatives activity throughout the year, as total trading volume reached about $85.7 trillion and average daily turnover was roughly $264.5 billion. Trading followed a “low start, high finish” pattern, amidst tight macro liquidity early in the year and stronger risk appetite later on. CoinGlass said that the global derivatives market has “solidified into a stratified oligopolistic landscape.” Crypto Derivatives Trading in 2025 According to CoinGlass’ 2025 Crypto Derivatives…