Category: Bitcoin News

Vanguard Opens Crypto ETF Access For 50M+ Clients — Here’s Why It Matters

admin

Key takeaways Vanguard’s decision to open access to spot crypto ETFs marks a major shift from its earlier anti-crypto stance and gives more than 50 million clients a regulated path to gain exposure to digital assets. The firm will allow trading of approved third-party ETFs tied to BTC, ETH, XRP and SOL while avoiding memecoins or unregulated tokens and choosing not to launch its own crypto products. The move brings significant institutional legitimacy to crypto and shows that even traditionally conservative asset managers cannot overlook sustained demand for regulated exposure…

BTC’s Next Big Move? What Past FOMCs Reveal About BTC Price

admin

Bitcoin (BTC) price surged above $94,000 on Tuesday, a day before the Federal Open Market Committee (FOMC) interest rate decision, and history suggests that traders should brace for volatility. Throughout 2025, BTC’s performance around FOMC meetings revealed that macroeconomic expectations are often priced in, and this front-running by traders can overshadow the actual impact of the policy decision itself. Key takeaways: Bitcoin has historically sold off after most FOMC events, including during rate-cut cycles. BTC’s biggest inflows and leverage built up before FOMC events, thinning spot liquidity, and amplifying price…

Teachers Union Claims Risks to Retirement Funds in Crypto Market Structure

admin

The American Federation of Teachers (AFT), a union championing educators in the United States, has voiced its opposition to crypto market structure legislation moving through the Senate, claiming it “threatens the stability of their retirement security.” In a Monday letter to Republican and Democratic leaders on the US Senate Banking Committee provided by CNBC, the AFT said it opposed passage of the Responsible Financial Innovation Act, the bill that senators said “built on” the House of Representatives’ proposed solution to market structure, the CLARITY Act. According to the teachers’ union,…

Japan Plans Shift to Securities Rules for Crypto Regulation

admin

Japan’s financial regulators are preparing to move crypto asset oversight out of the country’s payments regime and into a framework designed for investment and securities markets. The Financial Services Agency (FSA) on Wednesday released a comprehensive report from the Financial System Council’s Working Group on the regulatory status of cryptocurrencies across multiple sectors. The document outlines a plan to shift the legal basis for crypto regulation from the Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA), which is the primary law regulating securities markets, issuance, trading…

Ether Rallied 100% the Last Time ETH Price Reclaimed the 50-week Trendline

admin

Ether (ETH) climbed 7% in the past day, reclaiming its 50-week moving average (MA) near $3,300, an occurrence that has historically preceded strong price rallies. Key takeaways: Ethereum may have found a floor around $2,800, signaling a local bottom. Ether price previously rose 100% after reclaiming the 50-week moving average. Ethereum whales accumulated nearly 1 million ETH over three weeks. Past breakouts led to 97%-147% ETH price rallies Data from Cointelegraph Markets Pro and TradingView shows that the ETH/USD pair bounced from $2,800 support, rising 20% to the current price…

XRP Price May Grow ‘From $2 to $10 in Less Than a Year: Analyst

admin

XRP (XRP) may enter a faster-than-expected repricing phase, according to analyst Chad Steingraber, who predicted the price could move “from $2 to $10” in under a year. Key takeaways: XRP ETFs absorbed over 506 million XRP in a month, supporting a $10 price outlook. Two major chart patterns point toward $14–$15 upside targets. ETF demand builds case for 400% XRP rally by 2026 Steingraber’s prediction followed strong early interest in the new XRP exchange-traded funds (ETFs) that were launched in November. These investment products took in more than $944 million…

Key BTC Levels to Watch Ahead of Fed Chair Powell’s Speech

admin

Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $94,000 on Tuesday as volatility hit the market ahead of the Fed rate cut decision on Wednesday. Key takeaways: The odds of a 25 bps cut on Dec. 10 now stand at 96%, according to Polymarket  BTC price may drop as low as $84,000 if key support levels are broken. BTC/USD four-hour chart. Source: Cointelegraph/TradingView 96% chances of a 25 basis points cut The year’s last US Federal Open Market Committee (FOMC) two-day meeting began on Tuesday, with the…

Yi He WeChat Hack Raises Web2 Security Risks for Crypto Executives

admin

Update Dec. 10, 9:30 am UTC: This article has been updated to add comments from a Binance spokesperson. Newly appointed Binance co-CEO and co-founder Yi He said on X that her WeChat account was hijacked after an old mobile number was taken, highlighting how Web2 messaging platforms can be used to impersonate crypto executives.  “WeChat was abandoned long ago, and the phone number was seized for use. It cannot be recovered at present,” she said in a translated X post.   The account has since been restored. A Binance spokesperson told…

Judge Temporarily Stops Connecticut’s Action Against Kalshi

admin

A US judge has granted prediction markets platform Kalshi a temporary reprieve from enforcement after the state of Connecticut sent it a cease and desist order last week for allegedly conducting unlicensed gambling. The Connecticut Department of Consumer Protection (DCP) sent Kalshi, along with Robinhood and Crypto.com, cease and desist orders on Dec. 2, accusing them of “conducting unlicensed online gambling, more specifically sports wagering, in Connecticut through its online sports event contracts.” Kalshi sued the DCP a day later, arguing its event contracts “are lawful under federal law” and…

Trump Themed Crypto Mobile Game Set for December Release

admin

A Trump-themed crypto mobile game, created by Bill Zanker, a member of the team that helped launch the official Trump memecoin and various NFT collections, is reportedly set to be released on the Apple App Store before the end of the year.  The game uses Trump’s name under a licensing agreement and is being created by Freedom 45 Games, according to the game’s website. It is also tied in with the Trump Coin.  The Apple App Store has an expected release date of Dec. 30, and the app is currently…