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Ethereum trades near $3,100 after a structure break at $2,940. Analysts expect a short-term move toward the $3,270–$3,360 liquidity zone. Ethereum is showing signs of a possible short-term price move toward a key range between $3,270 and $3,360. The asset is trading at around $3,100 at press time, up 1% in the last 24 hours. However, it remains down 11% over the past seven days, following weeks of downside pressure. Structure Break and Price Response Crypto analyst Crypto Patel stated that Ethereum has confirmed a Break of Structure (BOS) at $2,940, which signals that sellers remain in control for now.…

In brief A veteran tech leaker shared screenshots of a potential Coinbase prediction market integration and stock trading feature. Coinbase did not deny the leaks, but rather teased a “new era” for the platform being announced via a December 17 livestream. The leaked screenshots suggest the Coinbase prediction market would be powered by Kalshi. Coinbase has teased a “new era” for the crypto exchange, with “exciting product announcements” coming on December 17. A company representative pointed Decrypt towards the tease in response to questions about leaks that appear to show the platform testing prediction market and stock trading features.Jane Manchun…

The bond lets companies borrow against Bitcoin held by a private custodian, unlocking capital without selling crypto or triggering taxes. The state of New Hampshire has approved the first municipal debt instrument in the United States to be backed by Bitcoin (BTC). Industry observers believe the move could open the door for digital assets to enter the global debt market, which is valued at about $140 trillion. $100M Bitcoin-Backed Financing According to journalist Eleanor Terret, the state’s Business Finance Authority (BFA) greenlighted a $100 million BTC-secured bond on Monday. The initiative allows companies to borrow money using over-collateralized BTC held…

In brief Former lobbyist Jack Abramoff was sentenced to three years of probation and ordered to pay $2.2 million in restitution for his “AML Bitcoin” fraud scheme. Abramoff and CEO Marcus Andrade spent ICO funds on personal expenses and made false claims about government contracts and a Super Bowl ad. Judge spared him prison time due to his guilty plea, testimony against Andrade, and aggressive cancer diagnosis. Former lobbyist Jack Abramoff was sentenced to three years of federal probation for his involvement in a scheme tied to a project called AML Bitcoin.Abramoff has also been ordered to pay $2.2 million…

Kraken raised $800M across two tranches to scale operations and expand global markets. Crypto exchange Kraken has announced that it raised $800 million in funding across two tranches as part of an effort to expand its on-chain financial infrastructure and broaden its global presence. According to the company, the primary tranche was led by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, with an additional commitment from Co-CEO Arjun Sethi’s family office. “Strategic Roadmap” Kraken also executed an agreement for a separate $200 million strategic investment from Citadel Securities at a $20…

BMNR stock is up 4.3% today, even as it remains down more than 21% over the past five days, mostly following Ethereum’s 12% slide this week. With Q4 earnings set for November 21, early strength in the BMNR price has raised the question of whether the stock is positioning itself ahead of the market, again.The last time this happened, BMNR moved much earlier than Ethereum. With bottoming signs flashing across crypto, traders are watching to see if history is lining up once more.BMNR Has Front-Run Ethereum Before — And Conditions Look SimilarBetween June 26 and July 3, Ethereum moved only…

Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December.Traders on the Chicago Mercantile Exchange (CME) now see just a 33% chance that the Federal Reserve cuts rates at its final policy meeting of 2025, down from 50% just a day earlier. Recall that less than one month ago, the chances of a December rate cut were more or less 100%. Following the Fed’s late October meeting though, Chairman Jerome…

A senior executive at DeFi Development Corp. (DFDV) has delivered one of the most aggressive long-term forecasts for the Solana price yet. According to him, Solana could see its value catapult to $10,000, leaving much of the market in the dust. This outlook, shaped by recent market turbulence and years of crypto experience, has drawn attention from industry experts as the DFDV executive outlines how SOL can reach this target by capturing a significant share of the global digital value.  Solana Price To Reach $10,000 In 10 Years DFDV COO and CIO Parker White recently shared his long-term thesis on…

Canada’s government managed to pass its federal budget in parliament that would — among many other things — institute a stablecoin policy.Parliament narrowly passed Prime Minister Mark Carney’s first budget on Monday evening. Deep in the lengthy document is a section that would govern the issuance of stablecoins, overseen by the Bank of Canada. There remain other procedural hurdles for the budget’s specific provisions, but this marked a major win for the new government. In an echo of many of the points from the recent U.S. law regulating issuers of U.S. dollar-backed stablecoins, issuers in Canada must maintain one-to-one reserves…

XRP is facing one of its most challenging moments in recent months as selling pressure accelerates and the broader crypto market slips into a risk-off environment. Bitcoin’s collapse below key psychological levels has dragged altcoins with it, and XRP has not been spared. Analysts are increasingly warning that the market may be entering a bear phase, pointing to tightening liquidity conditions, rising global economic uncertainty, and a sharp decline in investor appetite for risk assets. Related Reading What makes XRP’s situation more fragile is the growing number of holders sitting on unrealized losses. On-chain data reveals that many late buyers…