Author: Kryptonews

The Bitcoin price upswing, backed by low trading volume, indicates a lack of strong conviction from buyers to continue upstream. According to FedWatchtool, the odds for 25% bsp in an interest rate cut have surged to 85.1%.  BTC’s fear and greed index at 15% accentuates extreme fear among market participants. The pioneer cryptocurrency, Bitcoin, rebounded over 3% to reclaim the $90,000 mark. The buying pressure can be attributed to the surprise plunge in U.S. initial jobless claims to 216k, bolstering odds for a December rate cut. With the upswing, the coin price also regained key technical support, signaling a potential…

Felix Pinkston Nov 29, 2025 05:34 LINK price retreats 1.2% to $13.12 amid broader crypto weakness, testing technical support while momentum indicators hint at potential reversal formation. Quick Take • LINK trading at $13.12 (down 1.2% in 24h) • Trading on technical factors in absence of major catalysts • Testing lower Bollinger Band support zone around $11.56-$13.04 range • Following Bitcoin’s decline but showing relative strength in momentum indicators Market Events Driving Chainlink Price Movement No significant news events have emerged in the past 48 hours specifically targeting Chainlink, leaving LINK price action…

Market Highlights Bitcoin hit an all-time high of $123,000, fuelled by record spot ETF inflows and corporate treasury buys U.S. Congress began “Crypto Week”, advancing landmark bills on stablecoins and digital asset classification Grayscale filed confidentially for an IPO with the SEC. Trump Media “Crypto Blue Chip ETF” holding BTC, ETH, SOL, XRP & CRO. ISO 20022 goes live: Fedwire upgrade puts XRP, Stellar, Algorand & others in spotlight Markets Overview Wall Street hovered near record highs this week as investors shrugged off President Trump’s latest tariff plans, which target over 20 countries with steep duties effective Aug. 1. The…

In brief Crypto-releated equities are surging higher on Friday as Bitcoin and Ethereum regain ground. Firms like BitMine Immersion Technologies (BMNR) and CleanSpark (CLSK) have moved higher, now up 27% and 54% across the last five trading sessions, respectively. Other Bitcoin miners like Riot Platforms, MARA Holdings, and Cipher Mining are all green, as well. Crypto-related equities like BitMine Immersion Technologies and leading Bitcoin miners CleanSpark and Riot Platforms are strongly positive amid crypto market rebounds sending Bitcoin above $92,000 earlier Friday and Ethereum back over $3,000. Shares in BitMine (BMNR), the leading Ethereum treasury firm, are up 4.47% today and…

Tether, the issuer of the USDT stablecoin, has spent the past year accumulating Bitcoin and gold at a pace that puts it on par with several sovereign treasuries.For context, the firm purchased more gold than every central bank combined over the last quarter alone, pushing its total holdings to 116 tons of physical bullion.Tether’s Gold Accumulation (Source: Financial Times)Yet the build-up has not impressed traditional finance.On Nov. 26, credit rating firm S&P Global downgraded its assessment of USDT’s ability to maintain its dollar peg to a 5, the lowest score in its stablecoin rating structure.The agency pointed to rising allocations…

Prediction market Kalshi lost a court case earlier this week when a federal judge ruled that Nevada state regulators and laws had jurisdiction over some of its sports-based events contracts. The case is going to go before an appeals court but if this result holds, it might restrict all prediction markets providers, including companies like Polymarket.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativeA federal judge ruled against Kalshi in its case against Nevada’s gaming regulators, saying that the prediction market provider’s sports-related contracts…

SÃO PAULO — Crypto payments company Truther plans to launch a card in El Salvador on January 29, via a partnership with Visa, which allows users to spend USDT directly from their wallets without needing to preload funds or rely on custodial services.The product, revealed during an interview with CoinDesk at the Blockchain Conference Brasil, draws funds from Truther’s self-custody wallet at the moment of purchase. The card will have a 2% fee on currency conversions, and for Brazilian users, it won’t carry the IOF tax on financial transactions. After the launch in El Salvador, the card will be available…

The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for December 11, as hashprice, a critical metric that measures expected miner profitability per unit of computing power, sits at record lows. Bitcoin’s next mining difficulty adjustment is expected to occur at block 927,360 at about 12:09:34 AM UTC, marginally increasing the difficulty from 149.30 trillion to 149.80 trillion, according to CoinWarz.The most recent adjustment, which occurred on Thursday, decreased the difficulty from 152.2 trillion to 149.3 trillion, resulting in an average blocktime of about 9.97 minutes at the time of this writing, slightly below the 10-minute…

The trading activity of Ethereum (ETH) has remained high throughout 2025. Interestingly, CryptoQuant data now reveals that spot trading volume across exchanges reached $375 billion in November. Meanwhile, exchange-traded fund (ETF) volume climbed to nearly $35 billion. Institutional Money Pours In According to the analysis, Ethereum began the year with significant volatility in monthly trading activity, with total volume fluctuating between roughly $280 billion and $380 billion before accelerating sharply in the middle of the year. That surge eventually led to a peak of more than $599 billion in August, and marked the highest monthly trading volume recorded during the…

BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil.The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management.Speaking at the Blockchain Conference in São Paulo to local media, Castro called the development “a big surprise” and said that allocations in the firm’s bitcoin ETFs, including the U.S.-based IBIT and Brazil’s IBIT39, had come close to $100 billion.“When we launched, we were optimistic,” Castro said, “but we…