Crypto News

After a vigorous correction-one might say a spirited retreat-our dear Bitcoin has been shuffling just beneath the grand threshold of $90,000 to $92,000. This rather petty range sits atop an immense heap of liquidity, so densely packed that even the most inattentive observer cannot overlook it. Leverage, that risky game of wagers, is piled high just above that mark, evident from the heatmaps of liquidation-a rather dramatic tableau of potential fireworks.

According to some fancy company disclosures (because, of course, they’re not just making this up), their treasury now has about 4.066 million ETH. What’s that in real money? Well, roughly a gazillion dollars-no, seriously, about $13 billion, mostly in Ethereum. Looks like they’re planning to buy their way to the moon-or at least to a very nice orbit. 🚀

In a missive to the digital ether, the enigmatic Alex Thorn, blockchain savant, proclaims that uncertainty reigns supreme, and investor whims shall paint the canvas of volatility through 2026. Oh, the drama! 🎭

A prominent crypto titan, with a wallet address as enigmatic as a Russian novel, found itself in a dire predicament. 🚫💸

Ethereum (ETH), that once-proud stallion, now trots wearily under the yoke of bearish pressure. Her attempts to reclaim the Point of Control are met with the indifference of a summer storm, fleeting and ineffectual. 🌩️ The absence of bullish volume is a silent rebuke, a market shrugging its shoulders at her pleas. The structure, oh the structure! It is a sonnet of despair, each stanza a lower high, each rhyme a lower low. 📉

Bybit, that paragon of crypto prowess, shall bid adieu to Japan’s shores in 2026, lest it offend the island’s finicky regulators. 🤖💸 A gradual retreat, not a hasty exit-thus sparing users the agony of sudden loss, though not the sorrow of departure. 🧠💸 A consequence of Japan’s Financial Services Agency, ever vigilant, tightening its grip … Read more

A seismic shift, you say? More like a wobbly jelly on a wobbly plate! Ethereum derivatives have gone all wobbly-wobbly, with open interest down 50% since August. It’s one of the most spectacular de-leveraging tantrums of the year. Who knew numbers could throw such a fit? 🤪📉

The Facts

The Altcoin Season Index, that most fickle of companions, has again betrayed its followers, now languishing below 20, a number so abysmal it rivals the depths of the Mariana Trench. One might say the top 100 altcoins have collectively decided to abandon their aspirations of outperforming Bitcoin, choosing instead to wallow in mediocrity. A most unseemly spectacle, I assure you.

The Hong Kong Insurance Authority, in its infinite wisdom, hath unveiled this draft on the fourth day of December, a gift to the insurers who dare to dream of digital riches. But beware, for the price of admission is steep: capital equal to their crypto holdings, a mirror held up to their greed and fear. 🪞💎