Author: John Smith
Bitcoin price suffered a harsh reversal on Monday, wiping out some of the gains made last week when it soared to $93,000. Summary Bitcoin price dived below the important support at $85,000. The Bank of Japan’s central bank governor pointed to a rate hike. A hike when the Fed is cutting may lead to unwinding of the carry trade. Bitcoin (BTC) token dived to $84,880, triggering a broader crypto market crash that affected most altcoins. The market capitalization of all coins dropped by ~8% to $2.9 trillion. One potential reason why Bitcoin price crashed is a sudden flip by the…
XRP price continues to break down as bearish market structure strengthens, placing the $1.80 support zone at risk amid persistent lower highs and rejection from key resistance levels. Summary XRP continues printing lower highs and lower lows, confirming bearish structure. Rejection from the bearish order block and 200-day moving average caps upside momentum. Limited support below current levels increases the probability of a drop toward $1.80. XRP (XRP) price is entering a deeper phase of bearish pressure as its market structure continues to deteriorate. After losing significant high-time-frame resistance and forming a clear bearish order block, the asset has struggled…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As panic sweeps through the crypto market, a growing number of investors are turning to Proof-of-Work reward models like Moon Hash to find stability when prices collapse. Summary Market crashes have sparked interest in PoW-based daily reward systems that are less tied to price volatility and require no leverage or trading skills. Moon Hash stands out with renewable-energy-powered computing, mainstream crypto support, and beginner-friendly contracts, including a $15 signup bonus. The platform offers a simple path for newcomers, letting…
Japan plans a 20% flat tax on crypto gains in 2026, aligning with stock taxes and aiming to revive trading and attract institutional products. Summary Japan plans to shift crypto from progressive rates up to 55% to a flat 20% levy, split 15% to the central government and 5% to local authorities. Lawmakers expect lower taxes to revive domestic trading, spur blockchain innovation, and draw in asset managers like Nomura, Daiwa, MUFG, and Amova. The FSA is preparing rules for 105 listed tokens, including BTC and ETH, treating them as financial products under insider trading regulations. Japan is preparing to…
Kamirai launches a VC-free, community-governed Web3 ecosystem combining its Kamirex DEX for Asian markets with a dark fantasy console RPG where players own on-chain assets. Summary Kamirai offers order matching and liquidity pools for cross-chain transfers, targeting Asian crypto traders under a decentralized governance model. The Kamirai Federation is an action-RPG for PlayStation and Xbox, with digital items recorded on-chain so players retain asset ownership. Kamirai rejects private equity and VC allocations to avoid centralized sell pressure and position users as governors rather than exit liquidity. Kamirai, a Web3 infrastructure project, announced the launch of its “Dual-Engine Ecosystem” on Friday,…
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foothold in the country. Summary Ripple received approval from the Monetary Authority of Singapore to expand the scope of its Major Payment Institution license. According to Ripple execs, the expanded license will allow it to better support institutions. According to a Dec. 1 announcement, Ripple Markets APAC, which serves as the blockchain payment firm’s Singapore subsidiary, has been greenlighted by the Monetary Authority of Singapore to expand the scope of payment services it can offer under its Major Payment Institution license. “Ripple has…
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s proof-of-work links digital value to real-world electricity and hardware expenditure. Musk notes this shift depends on technological progress; for now, fiat currencies still dominate payments while Bitcoin remains an alternative asset and monetary system. Tesla CEO Elon Musk outlined a vision in which traditional currency…
Crypto prices today fell across the board on as thin liquidity, heavy leverage, and more than $600 million in liquidations drove a sharp market pullback. The total crypto market cap dropped 5% to $3.04 trillion, extending last week’s weakness. Bitcoin… Source link
North Korea has spent nearly 30 years developing artificial intelligence capabilities that could accelerate crypto theft operations, according to a report from South Korea’s Institute for National Security Strategy. Summary INSS says North Korea is using banned NVIDIA GPUs to accelerate AI-driven cybercrime. AI tools in facial recognition and voice synthesis may boost industrial-scale crypto theft. Crypto hacks hit $172.5M in November, with code flaws causing most of the losses. Researchers discovered Pyongyang is using banned NVIDIA GeForce RTX 2700 graphics cards to power AI research focused on pattern recognition, speech processing, and data optimization. The findings come as crypto…
Upbit will resume digital asset deposits and withdrawals on December 1 at 1:00 PM KST following a $37 million hack that targeted Solana-based assets. The South Korean exchange announced that all existing deposit addresses have been deleted, and users must issue new addresses before depositing funds. The security breach occurred on November 27, 2025, when hackers stole approximately 44.5 billion KRW ($30-36 million USD) from Upbit’s hot wallets. Unlike the 2019 attack which focused on Ethereum (ETH), the latest incident targeted Solana ecosystem tokens including Solana (SOL), USDC, and Bonk (BONK). North Korea’s Lazarus Group is suspected of planning the…