Cryptocurrency-friendly bank Anchorage Digital announced that its subsidiary had been granted a BitLicense by New York’s Department of Financial Services (NYDFS).In a Dec. 16 notice, Anchorage Digital said its New York arm had received a BitLicense,
Bitcoin targeted fresh all-time highs at the Dec. 16 Wall Street open as the United States traditional finance trading week opened with a pop.BTC price demands new record highData from Cointelegraph Markets Pro and TradingView captured a BTC price s
Ripple, the blockchain company behind XRP, confirmed that its Ripple USD (RLUSD) stablecoin will begin trading globally tomorrow, Dec. 17.RLUSD, a new United States dollar-backed stablecoin developed by Ripple, is set for a global exchange debut, the
The Aave community is deliberating the possibility of ceasing operations on Polygon, citing concerns over an upcoming review of the risk profile of bridged assets on the network.A Dec. 13 proposal initiated by Aave chain founder Marc Zeller seeks the
Bitcoin continued its northward journey on Dec. 16, signaling continued demand from the bulls. Material Indicators co-founder Keith Alan said in a post on X that historically, Bitcoin makes “MACRO moves” at or around Dec. 17. He expects a rate cut b
The United Kingdom may see crypto asset regulation in 2026, the Financial Conduct Authority (FCA) said. In its latest step in that direction, the FCA has released a discussion paper on admissions and disclosures and market abuse regulation.What to ad
The Ethereum community is going head to head in a debate over whether or not to raise the gas limits on the Ethereum mainnet by as much as 100%.The gas limit refers to the maximum amount of gas that’s allowed to be spent for transactions to be includ
MicroStrategy, a major corporate Bitcoin holder, has added 15,350 BTC to its reserves, spending about $1.5 billion in cash, the company said on Dec. 16.MicroStrategy acquired the fresh stash of Bitcoin between Dec. 9 and 15, the company announced.Th
Today in crypto, MicroStrategy has acquired another 15,350 Bitcoin for $1.5 billion, taking its total holdings to 439,000 BTC, Bitcoin hit a new all-time high of $106,554 amid speculation that it could be designated a reserve asset as early as “day o
Bitpanda, a European digital asset platform, has received in-principle authorization from the Virtual Asset Regulatory Authority (VARA) as it prepares to expand its footprint into the United Arab Emirates (UAE).The regulatory approval sets the stage
XRP stalls after an amazing six-week rally as profit-booking slows down the altcoin’s rally toward $3.00. The pair is down 2% to its intraday low of $2.3 on Dec. 16 in a corrective trend that began after it topped out at $2.90 on Dec. 3. As a resul
Bitcoin launches into the week before Christmas with new all-time highs and sky-high BTC price targets.A classic “big week” for Bitcoin and crypto is forecast as price discovery returns in time for the start of the TradFi trading week.BTC price targ
The Bitcoin to gold ratio, one of the key metrics measuring the purchasing power of Bitcoin relative to gold, hit a new all-time high (ATH) as the BTC price broke new records.Veteran futures forex trader Peter Brandt took to X on Dec. 16 to report th
Key takeawaysCryptocurrencies like Bitcoin gain value from factors like scarcity, utility and security, not physical backing.Common methods to calculate intrinsic worth of a cryptocurrency include Metcalfe’s Law, cost of production and discounted uti
The total crypto market capitalization is up 3.2% over the last 24 hours to rest at $3.71 trillion on Dec. 16. The overall trading volume has also jumped 27% on the day to $162 billion, reinforcing the intensity of demand-side pressure.Bitcoin , the
Cryptocurrency investors have not halted their purchasing spree as Bitcoin set new highs and crypto investment products hit their 10th consecutive week of inflows.Digital asset investment products saw another $3.2 billion of inflows in the trading we
Michael Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, hinted that it bought more Bitcoin over the weekend, which would mark the firm’s first acquisition with an average purchase price of more than $100,000.In a Dec. 15 post
Ripple’s chief technology officer, David Schwartz, said there may be “supply shortages” in the early days of Ripple’s US dollar-pegged stablecoin, but warned investors not to “FOMO.” In a Dec. 15 post to X, Schwartz said he expects outsized volatilit
A man posing as an Uber driver in Scottsdale, Arizona, was reportedly arrested after allegedly stealing a combined $300,000 of crypto from two unsuspecting passengers.According to a Dec. 12 report from Fox10 Phoenix, the Scottsdale Police Department
Australia’s government will be developing a National AI Capability Plan to investigate how it can expand the country’s artificial intelligence industry amid calls for Australia to boost its competitiveness in the fast-growing industry. In a Dec. 16 s