U.S. spot Bitcoin ($BTC) ETFs lost roughly $4B since hitting a record high in October. But fear not! Most of it was just basis trades unwinding – think of it as crowded arbitrage parties packing up and going home. Not long-term investors fleeing like they’ve seen a crypto dragon. 🐉
Over the past six months, the offshore renminbi has been on a hot girl walk, strutting from 7.4 to 7.06 against the dollar. Go off, RMB! But for stablecoin holders, this means their dollar-denominated assets are losing value faster than a reality TV star’s dignity. 😬
Traders, as keen-eyed as coyotes under a desert moon, hollowed their gazes on the Federal Reserve, wondering what secret springs might once more flow into the parched lands of liquidity. Old Bitcoin, like Tom Joad setting forth on a gritty road, staggered but never fell, inching back to the prestige of a $2 trillion market cap. So goes the gamble.
At the heart of this regulatory revolution lies a triple-threat combo: the GENIUS Act, the CLARITY Act, and the SEC’s decision to renounce their Staff Accounting Bulletin 121 faster than a troll forsakes scent trails. Together, they form a framework that’s as sturdy as a Golemsmith’s creation. 🧱
At press time, Aster traded at $1.03-down 2.7% in 24 hours, because why not? It has wobbled between $0.9007 and $1.12 this week, still 57% below its September peak of $2.41 (ah, the good old days, when hope was cheap and losses were someone else’s problem).
In a rather bravura display, Aster has regaled the world with its plan for 2026: a Q1 debut of the L1 mainnet. Picture the scene: staking, governance, and ecosystem upgrades-in what could be a veritable overture to enchant the tech-savvy and finance-fluent alike.
The XRP price started a downside correction from the $2.220 zone, because who doesn\’t love a good correction? 🤣 It dipped below the $2.20 and $2.150 levels to enter a consolidation phase 📚.
Announced on December 4th (a date that may one day be infamous, or just another Tuesday), this update installs a shiny new “predictions” tab directly into the MetaMask mobile app. It’s like adding a roulette wheel to your Bible – convenient, perhaps, but spiritually questionable.
The humble ADA, native token of the Cardano kingdom, hath stirred from its slumber. Crypto sage Ali Charts doth declare the SuperTrend’s bullish decree. At a mere $0.4463, it climbs 1.64 percent in a day’s travail. A pittance, you say? Nay, for its market cap swelleth to 16.02 billion, and its daily trade volume-a hearty 694.47 million. Fully diluted, its vale is 20.08 billion. 🧙♂️
In a report that somehow managed to sound both confident and utterly vague, Grayscale’s research team-presumably fueled by caffeine and sheer optimism-declared that bitcoin’s recent plummet is “totally normal bull-market behavior.” Because nothing says “bull market” like watching your portfolio turn into a cautionary tale. They also hinted that bitcoin might hit new highs in 2026, assuming the world hasn’t ended by then.