Author: Kryptonews

Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies, according to a Dec. 4 presentation seen by Bloomberg.While the proposal signals an institutional thaw toward crypto, the regulator is still keeping its guard up with a conservative risk framework. The proposal requires insurers to keep aside a dollar in reserve for every dollar invested…

In brief Arthur Hayes believes Bitcoin could run to $200,000 by March before settling around $124,000. The BitMex co-founder thinks the Fed’s new RMP policy is a catalyst, likening it to quantitative easing (QE). In this scenario, Hayes sees BTC ranging from $80,000-$100,000 to close out the year. BitMex founder and Bitcoin billionaire Arthur Hayes says BTC will soon rise to a price of $200,000 before falling back to create a bottom above $124,000.According to Hayes, the sharp rise in Bitcoin’s price will stem from the Fed’s “Reserve Management Purchases” or RMP, a new operating policy shared by the Fed…

XRP broke down from a multi-day consolidation late Saturday, slipping below the $1.93 support zone as elevated volume confirmed sellers were in control, even as broader crypto markets remained mixed.News backgroundThe move comes amid a broader cooling in risk appetite across crypto, with bitcoin struggling to hold recent rebounds and large-cap altcoins seeing selective pressure rather than broad capitulation. Analysts have noted that XRP, in particular, has been vulnerable since losing the $2.00 handle earlier this month, with repeated rebounds failing to attract sustained follow-through.On-chain data from Glassnode shows that below $1.77, realized supply thins significantly until the $0.80 area,…

The Tether-backed data centre operator Northern Data reportedly sold its Bitcoin mining business, Peak Mining, to three companies run by Tether executives.Northern Data was sold for up to $200 million to Highland Group Mining, Appalachian Energy, and an Alberta-based company, run by Giancarlo Devasini, Tether co-founder and chair, and its CEO, Paolo Ardoino, the Financial Times reported on Friday. Filings reportedly show that Highland Group’s directors are Devasini and Ardoino, and the sole director of the Alberta company is Devasini, while it remains unclear who runs Delaware-based Appalachian Energy.Northern Data initially announced the Peak Mining divestment in November, but did not…

David Sacks announced on Dec. 18 that Senate Banking Chair Tim Scott and Senate Agriculture Chair John Boozman confirmed a January 2026 markup for the CLARITY Act.“We look forward to finishing the job in January!”The problem: a January markup isn’t finishing anything.It’s the opening move in a multi-year pipeline where the most contested questions haven’t been resolved, and statutory language still sits in brackets.The real work won’t begin until the bill clears a Senate floor vote, conference negotiations, and a presidential signature.The CLARITY Act passed the House in July alongside the GENIUS stablecoin bill. It now sits in the Senate…

Ethereum price appears to be consolidating after months of leverage exited the market, easing pressure without yet pointing to a clear direction. Summary Ethereum open interest has fallen about 50% since August, showing widespread position closures by large traders. Binance taker sell volume has dropped to its lowest level since May, pointing to softer sell-side urgency. The chart shows sideways movement below key resistance, with buyers cautious and sellers less aggressive. Ethereum is trading in a calmer market environment after a sharp reduction in leverage, with data showing that open interest across major exchanges has fallen since August. According to…

Dogecoin edged lower over the past 24 hours as selling pressure pushed the token below a key support level near $0.129, with elevated volume confirming a breakdown from its recent consolidation range.Market overviewDOGE slipped roughly 0.3% over the 24-hour period ending Dec. 22, trading down from $0.1309 to $0.1305 after failing to hold support that had contained price action for several sessions. While the percentage move was modest, intraday volatility reached roughly 4%, reflecting increased sensitivity around nearby technical levels.Trading activity picked up notably during the session. Aggregate volume rose sharply, with turnover spiking well above recent averages as price…

Binance, the leading crypto exchange by trading volume, has just made it possible for everyone to earn a passive-like income through ether options, opening up a strategy once limited to pros.The exchange announced in a press release shared with CoinDesk that it is allowing users to write (sell) ether options, helping them effectively manage risk and generate extra income. This decision responds to increasing demand from both retail and institutional investors for advanced derivative trading tools.The announcement builds on Binance’s move to democratize bitcoin BTC$88,814.90 options writing and mirrors the explosive demand for BTC, ETH, and ETF-based instruments. The institutional…

The top performing cryptocurrencies in December 2025 will likely be Web3 Gaming Tokens, signifying a transition from speculative cryptocurrencies to utility-based blockchain projects focused on gaming. Based on recent statistics, both gaming and AI-based (or powered) cryptocurrencies have attracted considerable interest from investors, and as a result have produced numerous double digits returns that significantly exceed those of bitcoins, etc. Audiera Leads Gaming Token Race Audiera (BEAT) jumped 31.53% to $2.98, which turned out to be the standout winner among the top gainers for the month of December. The token, which fuels the Web3 evolution of the iconic Audition music…

Binance’s growth reflects how liquidity, clear regulations, diversified stablecoins, and resilient infrastructure create a reliable trading environment. The leading crypto exchange, Binance, has surpassed 300 million registered accounts eight years after its July 2017 launch. The exchange’s growth is attributed to effective liquidity management and fast asset listings. It also benefited from stablecoin markets and strategies that appeal to both retail and institutional participants. From the start, Binance lowered barriers for global users and offered deep order books, creating a liquidity flywheel. Professional market makers and the expansion of derivative products further improved execution quality and kept spreads tight…