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XRP price started a recovery wave above $2.080. The price is now consolidating and might struggle to clear the $2.10 resistance. XRP price started a recovery wave above the $2.060 zone. The price is now trading above $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.0850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.10. XRP Price Faces Rejection XRP price remained supported above $2.020 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $2.050 and $2.060 to enter a positive zone. There was also a spike above the 50% Fib retracement level of the downward move from the $2.2130 swing high to the ...

The CFTC launched a pilot letting Bitcoin, Ether and USDC serve as collateral in derivatives markets, advancing the integration of digital assets into regulated finance.
The post US CFTC Begins Pilot Allowing Digital Assets To Serve As Collateral appeared first on Cryptonews.

A recent survey reveals that Japanese investors are stepping back from the crypto market, not due to price volatility but because of complex tax requirements. Japanese financial planning platform 400F surveyed 894 participants nationwide in November about their cryptocurrency habits. Among former crypto holders, 22.2% cited difficulties with the tax system as their primary reason
The post Japan Investors Exit Crypto Not Because of Volatility, But Because of This appeared first on BeInCrypto.

Dubai’s new pact with Binance signals a bold push to embed blockchain and crypto payments into customs operations, positioning the emirate for faster trade flows, lower costs and a more competitive digital-economy footprint. Dubai Customs–Binance Blockchain Partnership Advances Digital Trade Dubai Customs, a government entity overseeing the emirate’s trade gateways, said on Dec. 7 that […]

Hong Kong’s licensed crypto exchange HashKey will list on the Hong Kong Stock Exchange on December 17, becoming the city’s first publicly traded cryptocurrency exchange. This move signals the formal entry of traditional Chinese industrial capital into the digital asset market. Hong Kong’s Web3 Ambitions Face Their First Market Test HashKey Holdings opened its public
The post HashKey IPO: China’s Industrial Capital Finds a Crypto Gateway in Hong Kong appeared first on BeInCrypto.

Ethereum is edging closer to a major decision point as price action tightens between key support and resistance levels. Momentum is building, but the market now awaits to see whether bulls can force a breakout or if a deeper pullback ensues. Ethereum Holds The Line: $3,000 Support Ignites Fresh Upside According to a recent update by analyst Ted Pillows, Ethereum has demonstrated resilience in the face of recent market volatility. The asset successfully held up the crucial $3,000 level and is now showing signs of moving higher, suggesting that this level remains a strong foundation for the current price action. Related Reading: Ethereum Shows Strength: Indicators Suggest Bigger Moves Ahead Ted highlighted a significant external factor contributing to the upward pressu...

Ethereum price started a fresh increase above $3,050. ETH is now consolidating gains and might aim for more gains if it clears the $3,180 resistance. Ethereum started a fresh increase above the $3,020 and $3,050 levels. The price is trading above $3,075 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,180 zone. Ethereum Price Faces Resistance Ethereum price managed to stay above $2,950 and started a fresh increase, like Bitcoin. ETH price gained strength for a move above the $3,020 and $3,050 resistance levels. However, the bears were active below $3,200. A high was formed at $3,179 ...