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Key points:The failure of the bulls to maintain Bitcoin above $94,050 has renewed selling, opening the doors for a fall to $87,700 and then to $84,000.Most major altcoins remain under pressure and are threatening to challenge their recent lows. Bitcoin (BTC) is stuck inside a narrow range between $94,588 and $89,260, indicating indecision between the bulls and the bears. The prediction markets do not expect the bulls to take charge in the near term, giving only a 30% chance of BTC hitting $100,000 before Jan. 1.According to crypto analyst Darkfost, BTC is struggling to recover due to a lack of incoming…

A group of crypto organizations has pushed back on Citadel Securities’ request that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks.Andreessen Horowitz, the Uniswap Foundation, along with crypto lobby groups the DeFi Education Fund and The Digital Chamber, among others, said they wanted “to correct several factual mischaracterizations and misleading statements” in a letter to the SEC on Friday.The group was responding to a letter from Citadel earlier this month, which urged the SEC not to give DeFi platforms “broad exemptive relief” for offering trading of tokenized US equities, arguing they could…

Key takeaways ETH is up 1.4% in the last 24 hours and is now trading above $3,200. The leading altcoin by market cap could retest the $3k psychological level as the bullish momentum stalls. Market momentum stalls Bitcoin (BTC) and Ethereum (ETH) are currently trading around key resistance levels after rallying over the past 24 hours. The resistance levels could see the leading cryptocurrencies retest lower psychological areas before either dumping harder or embarking on a successful breakout. At press time, Ether is trading above $3,200 per coin after adding 1.4% to its value in the last 24 hours. It…

SpaceX and BlackRock recently shifted more than $296 million in Bitcoin (BTC) to Coinbase Prime, according to on-chain trackers at Lookonchain. The large transfers landed just hours before the U.S. Federal Reserve confirmed a 25-basis-point rate cut, adding fresh tension to an already shaky market. The timing has drawn traders into a debate over whether these moves signal strategic custody changes or preparations to sell amid heightened volatility. Fresh Transfers Raise Questions as Fed Decision Hits Markets According to Lookonchain, SpaceX moved another 1,021 BTC, worth around $94 million, to a Coinbase Prime-linked address on December 10, continuing a pattern…

OpenAI has officially released GPT-5.2, and the reactions from early testers — among whom OpenAI seeded the model several days prior to public release, in some cases weeks ago — paints a two toned picture: it is a monumental leap forward for deep, autonomous reasoning and coding, yet potentially an underwhelming "incremental" update for casual conversationalists.Following early access periods and today's broader rollout, executives, developers, and analysts have taken to X (formerly Twitter) and company blogs to share their first testing results. Here is a roundup of the first reactions to OpenAI’s latest flagship model."AI as a serious analyst"The strongest…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SpaceX moved 1,021 Bitcoin worth about $94.48 million on December 10, according to on-chain alerts from blockchain trackers. The transfer was sent to wallets tied to Coinbase Prime, raising questions about whether the company is reshaping part of its treasury while attention grows around its potential public listing. Ledger Shuffle Raises Questions Reports have disclosed that this move is only the latest in a series of large bitcoin transfers involving wallets believed to be linked to SpaceX. Analysts tracking the transactions say the pattern looks more like…

Ripple CEO Brad Garlinghouse announced minutes ago that the company he runs had received conditional approval from the US Office of the Comptroller of the Currency, a national agency created to ensure a safe and sound national banking system, to charter Ripple National Trust Bank. In addition, Circle received similar approval, while BitGo, Fidelity, and Paxos had their state-chartered trust companies convert to the federal system, as journalist Eleanor Terrett explained. Adding more context here: The @USOCC‘s conditional approvals span both newly created (de novo) national trust banks and state-chartered trust companies converting into the federal system. De novo approvals…

Sangha Renewables announced the energization of its 19.9-megawatt bitcoin mining facility in Ector County, West Texas today, in partnership with Links Genco and TotalEnergies. The project operates behind-the-meter on a 150-megawatt solar farm, combining renewable energy generation with digital infrastructure to explore new revenue streams for the energy sector. The facility, developed with support from Links Genco, uses bitcoin mining to provide dispatchable industrial demand that aligns with variable renewable output.  Links Genco provided energy structuring and grid compliance services, helping Sangha configure a load profile that complements solar generation while mitigating exposure to transmission constraints and local curtailment, according…

The US Office of the Comptroller of the Currency has conditionally approved five national bank charter applications for companies tied to the digital assets industry.In a Friday notice, the OCC said it had conditionally approved BitGo, Fidelity, and Paxos to convert their existing state-level trust companies into federally chartered national trust banks. In the same announcement, the regulator said it had conditionally approved new applications from Circle and Ripple for national trust bank charters.“New entrants into the federal banking sector are good for consumers, the banking industry and the economy,” said Jonathan Gould, the Comptroller of the Currency, adding: “The…

Mike Selig is positioned to replace Acting Chair Caroline Pham at the CFTC if confirmed. The CFTC has already expanded crypto oversight through collateral approvals and spot trading permissions. Travis Hill’s confirmation would formalise his interim role at the FDIC and continue crypto-friendly banking policies. Crypto regulation in the United States is entering a more defined phase as Senate procedures bring key financial watchdog appointments closer to completion. Two agencies with direct influence over digital assets, the Commodity Futures Trading Commission and the Federal Deposit Insurance Corp., are on the verge of formal leadership changes, as per a CoinDesk report.…