News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Hyperliquid’s HYPE hit a $50 ATH, gaining institutional attention via BitGo custody. Analysts now eye $55–$73 if momentum holds.
Cronos rallies on Trump Media hype, but overheated indicators and leveraged longs suggest liquidation risks could spark a pullback.
This feels more like a blockchain tailored for stablecoins.
Tom Lee’s bold Ethereum forecast ties into BitMine’s massive ETH accumulation and a looming supply squeeze, fueling breakout speculation.
In the heart of Lisbon, a 30-person team that has quietly orchestrated some of crypto’s most successful marketing campaigns just got bigger. Lunar Strategy, approaching its sixth year of operation, has acquired Calib3r, a marketing firm recognised for precision-driven crypto campaigns, as part of its plan to become “the biggest media powerhouse in crypto.” The … <a href="https://beincrypto.com/lunar-strategy-expands-calib3r-acquisition/">Continued</a>
Bitcoin price is battling heavy selling pressure after 10 straight days of inflows into exchanges. While sellers remain active, short-term holder NUPL has dropped to three-month lows, a pattern that previously marked the start of rallies. The next move depends on whether buyers can defend today’s rare outflow.
- 06:28European Central Bank's Schnabel: Agrees with market expectations that the central bank's next move will be a rate hikeJinse Finance reported that European Central Bank Executive Board member Schnabel agreed with investors' bets that the ECB's next move would be a rate hike. Schnabel stated that borrowing costs are already at a level that will remain appropriate for some time unless new shocks occur, and that consumer spending, corporate investment, and significant government spending on defense and infrastructure will continue to boost the economy. The German hawk pointed out that economic and inflation risks are tilted to the upside. She hinted that at the December meeting, new economic growth forecasts might be revised upward, and analysts expect the deposit rate to be maintained at 2% for the fourth time. Schnabel is the first ECB policymaker to explicitly state that borrowing costs have not only reached an "appropriate level" (a point repeatedly emphasized by President Lagarde and other ECB officials) but have actually reached the lower bound. (Golden Ten Data)
- 06:28Japan's 10-year government bond yield rises to 1.965%, reaching its highest level since June 2007Jinse Finance reported that Japan's 10-year government bond yield rose to 1.965%, reaching a new high since June 2007. (Golden Ten Data)
- 06:03BRICS countries launch gold-backed digital currency "Unit"BlockBeats News, December 8, according to Intellinews citing the Russian Academy of Sciences Institute for Economic Strategies (IRIAS), the BRICS group has launched a working prototype of a gold-backed trade currency called "Unit." This is a digital trading instrument supported by a reserve basket consisting of 40% physical gold and 60% BRICS national currencies, with equal weighting among the Brazilian real, Chinese yuan, Indian rupee, Russian ruble, and South African rand. The pilot project was initiated by IRIAS, which issued 100 Units on October 31, each initially pegged to 1 gram of gold. Although this initiative has not yet become official policy, its existence is a direct step toward de-dollarization. The value of "Unit" is designed to fluctuate daily according to the performance of the component currencies against gold. As of December 4, market fluctuations had adjusted the value of the reserve basket to the equivalent of 98.23 grams of gold, effectively making each Unit worth 0.9823 grams of gold.