Coinbase predicts a crypto market rebound in December! 🚀 Improved liquidity, expected Fed rate cuts (92% probability!), & strong macro factors are key. They previously called for a weak Nov followed by a Dec rally – could signal renewed crypto momentum. #crypto #bitcoin #marketupdate
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USDC supply jumped $2B in a week! 🚀 Circle issued 8.2B USDC & redeemed 6.2B, bringing total circulation to 78B. Reserves: $46B in repos, $21.6B in Treasuries, $9.9B in bank deposits. #USDC #stablecoin #crypto
Kevin O'Leary predicts a crypto shakeout, backing only Bitcoin & Ethereum for the long term. He believes most altcoins are "worthless" and will fail, per Watcher.Guru. #crypto #Bitcoin #Ethereum #KevinOLeary
Solana spot ETFs saw $15.68M in net inflows yesterday! Bitwise (BSOL) led with $12.18M (total $593M), followed by Fidelity (FSOL) with $3.49M (total $46.42M). Total ETF NAV is now $878M. #Solana #ETF #crypto
CoinShares' James Butterfill dismisses Tether solvency fears, citing ~$181B in reserves vs ~$174.45B liabilities (~$6.8B surplus). Data doesn't suggest systemic stablecoin issues, despite prior warnings from Arthur Hayes.
#crypto #blockchain #news
XRP spot ETFs saw $10.23M in inflows yesterday! 🚀 Canary XRP (XRPC) led with $4.97M, now at $364M total inflows. Bitwise XRP ETF (XRP) added $2.27M ($187M total). Total ETF value: $861M. Cumulative inflows to date: $890M. #XRP #ETF #crypto
Aerodrome completed its domain migration after a Nov 21 hack impacting ~$700k in user funds (limited to those interacting with the malicious site). Wallets like MetaMask & Coinbase Wallet quickly flagged the issue. Compensation plan in development. Security enhanced! 🛡️ #crypto #security
Grayscale filed with the SEC to launch a Sui (SUI) ETF! 🚀 This would give investors traditional ETF access to the SUI cryptocurrency. Details on fees & listing are coming soon. Reflects growing crypto investment demand. #SUI #ETF #Grayscale #Crypto
Cantor Fitzgerald slashed Strategy stock’s price target by 59% to $229 (from $560), citing lower fundraising expectations ($7.8B vs $225B). Still rates it a “Buy.” #stockmarket #investment
SpaceX could hit an $800B valuation in a potential share sale, surpassing OpenAI! 🚀 That’s up from $400B in July. An IPO is reportedly planned for late next year. 🤯 #SpaceX #valuation #IPO
Coinbase added ImmuneFi (IMU) & Sentient (SENT) to its listing roadmap! 🚀 Listing isn't guaranteed & depends on market support & tech infrastructure. Stay tuned for updates! #crypto #Coinbase #IMU #SENT
13yr-dormant Bitcoin wallets just moved $178M worth of BTC! 2,000 BTC transferred from coins originally minted 2011-2013 by Casascius. Move sparks market speculation. Owner(s) unknown. #Bitcoin #crypto
Strive urges MSCI to maintain “index neutrality” after the index provider removed companies with significant Bitcoin holdings (like Strategy) from its indexes. Strive, a large corporate Bitcoin holder, argues the market—not MSCI—should evaluate companies’ Bitcoin strategies. #Bitcoin #MSCI
US stocks closed slightly higher Friday: Dow +0.22%, Nasdaq +0.31%, S&P 500 +0.19%. Weekly gains across the board. Google & Meta rose, Apple & Nvidia dipped. Coinbase (COIN) -1.58%, Circle (CRCL) -2.10%.
#crypto #blockchain #news
Ethereum's Fusaka upgrade massively increased blob fees (15,000,000x!) 🤯 EIP-7918 ensures L2s now pay for network resources, preventing congestion & boosting network health. #Ethereum #Fusaka #L2
US Core PCE inflation slowed to 2.8% year-over-year in Sept, below expectations. This could signal further Fed rate cuts as the central bank gauges cooling inflationary pressures. Key PCE data, used by the Fed, showed a 0.2% monthly increase. #inflation #fed #economy
🚨 $1.8M in LINEA tokens just moved to Binance! 🚨 This is the 3rd transfer this month from a wallet linked to the project, totaling $4.5M. 👀 On-chain data suggests potential selling pressure. Keep an eye on LINEA market dynamics! #crypto #LINEA #Binance
US consumer confidence edged up (53.3) in early Dec, led by younger consumers & falling inflation expectations (4.1% - lowest since Jan '25). High prices remain a worry, & labor market views are weak.
#crypto #blockchain #news
US December One-Year Inflation Rate Expectations Dip
Initial data indicates the US one-year inflation rate expectation stands at 4.1% for December, falling short of the anticipated 4.5%. The previous reading was 4.50%.
#crypto #blockchain #news
Dutch Central Bank warns a surge in dollar-pegged stablecoins & potential “bank run” could destabilize European markets, impact inflation & *force* the ECB to shift monetary policy. Growing regulatory scrutiny via MiCA framework expected. #stablecoins #ECB #crypto
#blockchain #news