Bitcoin (BTC) started the critical week where the FED will announce its interest rate decision for December above $91,000. Bitcoin, which fell below $90,000 over the weekend, has recovered slightly, but expectations of a decline continue. Stating that Bitcoin could fall to $50,000 at this point, Bloomberg Intelligence senior commodity strategist Mike McGlone shared his
Bitcoin is currently hovering at a critical technical level that needs to be defended to prevent major losses, according to crypto analyst “Daan Crypto Trades.” He was referring to the 0.382 Fibonacci retracement zone, which serves as a key area of support and resistance during market cycles. “I think this is a key area for
Ethereum competes with other chains like Solana or BNB Chain, thanks largely to its layer-2 solutions. In fact, while the layer-1 of Solana and BNB Chain do not require layer-2 solutions due to their very fast and cost-effective transactions, Ethereum’s layer-1, on the other hand, needs layer-2 to compete on equal footing in these aspects.
Bitcoin (BTC) and altcoins started the critical week with a recovery, in which the last FED interest rate decision of the year will be announced. As BTC rises above $91,000 again, US economists are certain that the FED will announce an interest rate cut this week. According to the Financial Times, 85 percent of 40
Farcaster will now center its roadmap around its in-app wallet and trading features as the key product area to show sustained traction after years of stalled social growth. Cofounder Dan Romero said in a series of posts over the weekend Romero said the team spent 4.5 years pursuing a social-first strategy but never achieved a
SoSoValue’s weekly ETF flow report showed significant outflows in Bitcoin and Ethereum spot ETFs. A total of $87.77 million in net outflows occurred from Bitcoin spot ETFs during the period December 1–5. Bitcoin and Ethereum Spot ETFs Exceed $1.53 Billion in Net Outflows Last Week: ARKB and ETHA Lead the Way Fidelity’s FBTC ETF saw
Ark Invest founder Cathie Wood says the U.S. economy is inching toward a powerful liquidity wave as tax cuts, artificial intelligence (AI) investment, and falling rates set the stage for what she views as a new bull market. AI, Tax Cuts and Capital Spending: Ark Invest’s Wood Says the Recovery Is Already Here In the
zkSync has started preparing the retirement of its original ZK-rollup, setting up a transition to more advanced infrastructure across its network. Summary zkSync Lite will be deprecated in 2026 under a planned shutdown process. Funds remain safe, and a migration guide will arrive next year. The ecosystem is focusing on zkSync Era, the ZK Stack,
US Treasury Secretary Scott Bessent made noteworthy assessments of the American economy during his appearance on the Face the Nation program on CBS News. Bessent, stating that the economy is “in better shape than they expected,” stated that they expect 3 percent real GDP growth by the end of 2025. Addressing President Donald Trump’s discomfort
The Bitcoin mining stocks market has slipped slightly by 1.8% compared to last week. The majority of the stocks were in the red as the trading volume dipped by 25.66%. At the start of the week, BTC mining stocks had a trading volume of $413.5k, and by Friday, this number dropped to $307.35k. The market