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The post Bhutan Launches Gold-Backed TER Token on Solana to Bolster Blockchain Initiatives appeared on BitcoinEthereumNews.com. Bhutan has launched TER, a gold-backed digital token on Solana’s blockchain, representing physical gold in custody. Issued by Gelephu Mindfulness City, it underscores the nation’s blockchain strategy, including Bitcoin reserves and crypto mining, to promote sustainable digital assets. Bhutan launches TER token, backed by sovereign gold reserves on Solana. The token supports limited use in Gelephu Mindfulness City, aligning with stablecoin ecosystems. Bhutan holds 5,984 BTC worth over $536 million, ranking seventh among global sovereign holders per Arkham Intelligence data. Bhutan gold-backed token TER launches on Solana, boosting blockchain adoption. Explore how this sovereign asset integrates crypto with national reserves—discover sustainable innovation today! What is Bhutan’s Gold-Backed Digital Token TER? Bhutan’s gold-backed digital token TER is a sovereign-backed asset issued on Solana’s blockchain by Gelephu Mindfulness City, a Special Administrative Region. Each TER token represents physical gold held in secure custody, derived from the Dzongkha word for ‘treasure.’ This launch marks a significant step in Bhutan’s multi-year blockchain adoption, emphasizing transparency and sustainability in digital finance. How Does the TER Token Integrate with Bhutan’s Blockchain Ecosystem? The TER token’s issuance involves key partners like DK Bank, Bhutan’s first digital bank regulated by the Royal Monetary Authority, which acts as the exclusive distributor and custodian. Matrixdock, a digital asset platform licensed by the Gelephu Mindfulness City Authority in September, provides the tokenization infrastructure. Users can purchase TER directly through DK Bank in the initial phase, with tokens maintained in institutional custody for security. This integration aligns with Bhutan’s broader crypto strategy. The country has pursued blockchain initiatives since 2019, including Bitcoin mining powered by hydroelectric resources. According to data from Arkham Intelligence, Bhutan holds 5,984 BTC valued at over $536 million, positioning it as the seventh-largest sovereign Bitcoin holder worldwide. For comparison, the U.S. leads with 328,369 BTC worth more than…

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Crypto Drop Wipes Out $370M in Bul

On-chain data shows the Bitcoin Realized Cap Growth indicator has continued to decline recently, a sign new capital inflows lack momentum. Bitcoin Realized Cap Growth Has Been Heading Down Recently As explained by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Realized Cap Growth has been trending lower recently. The “Realized Cap” is an on-chain capitalization model for BTC that calculates its total value by assuming the value of each individual token is equal to the spot price at which it was last transacted on the blockchain. Related Reading: Solana Enters Bear Territory: Realized Loss Now Outweighs Profit This is unlike the usual market cap, which simply calculates the total valuation of the asset by multiplying the number of tokens in circulation with the current spot price, considering the latest value of the cryptocurrency to be the one value for all coins. In short, what the Realized Cap represents is the amount of capital that the Bitcoin investors as a whole used to purchase the asset’s supply. On the other hand, the market cap is the value that the investors are carrying in the present. The Realized Cap itself isn’t the indicator of interest in the current discussion, but rather the Realized Cap Growth, measuring the 365-day changes occurring in the Realized Cap. Changes in the indicator naturally reflect the amount of capital exiting or entering the cryptocurrency. In other words, the Realized Cap Growth contains information about the asset’s netflow. Now, here is the chart shared by Maartunn that shows the trend in the 7-day and 59-day moving averages (MAs) of the Bitcoin Realized Cap Growth over the last few years: As displayed in the above graph, the Bitcoin Realized Cap Growth has witnessed both its 7-day and 59-day MAs reverse down recently, with the former line crossing under the latter. The trend indicates that growth in the Realized Cap has been slowing down during the recent market downturn. “This suggests Bitcoin is lacking momentum from new cost basis inflows,” noted the analyst. With the 7-day MA falling below the 59-day MA, the indicator is now flagging the current market to be in a “bear phase.” The last time this signal maintained for an extended duration was alongside BTC’s decline over the first few months of 2025. It now remains to be seen how long momentum from new capital inflows will stay weak for Bitcoin this time around. Related Reading: Bitcoin In An Opportunity Zone? Hash Ribbons Flash New Buy Signal In some other news, the Bitcoin short-term holders are still under a notable amount of stress, as CryptoQuant author IT Tech has pointed out in an X post. Short-term holders (STHs) are defined as the Bitcoin buyers who got into the market during the past 155 days. Despite the rebound BTC has seen since its November low, STHs are still in a loss of 10%. BTC Price At the time of writing, Bitcoin is floating around $92,400, down 1.5% over the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

The post Crypto Market Signals Bearish Sentiment Amid Funding Rate Analysis appeared on BitcoinEthereumNews.com. Key Points: CoinGlass data shows a bearish sentiment in crypto derivatives funding rates. Major perpetual contracts below neutral indicate short-heavy positioning. BTC, ETH, and major altcoins are primarily affected by funding shifts. On December 11th, CoinGlass data revealed that funding rates on major CEXs and DEXs are predominantly bearish, affecting mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). This indicates a market-wide short bias, suggesting traders are positioning defensively, potentially signaling cautious sentiment in the cryptocurrency derivatives markets. Bearish Funding Rates Across Major Crypto Exchanges CoinGlass data highlights that major centralized exchanges (CEXs) and decentralized exchanges (DEXs) are displaying funding rates below the baseline neutral mark of 0.01%. This metric implies a net bearish sentiment, affecting prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and key altcoins like Solana (SOL) and Binance Coin (BNB). Cryptocurrency exchanges use funding rates to maintain balance between a contract’s value and the underlying asset price. Major assets impacted include BTC, ETH, SOL, and BNB. Typical bearish sentiment is seen across BTC and ETH perps, representing a market trend towards more defensive or short-biased strategies. Market participants are paying lower premiums to maintain long positions. Such indications of negative funding across major platforms suggest a broadly bearish outlook among traders, with implications for potential short squeezes if market momentum shifts. “The global average funding rate stood at -0.006%, a sign that shorts are paying longs to keep their bearish bets open. Historically, this negative flip has actually marked seller exhaustion, aligning with local bottoms when sustained.” – Glassnode, On-chain and derivatives analytics provider Historical Context, Price Data, and Expert Insights Did you know? Historically, persistent negative funding rates have sometimes preceded a market bottom, signaling trader exhaustion. Short squeezes often follow if spot prices stabilize or rise, redressing the bearish sentiment. Bitcoin (BTC), a key…

The post Bitcoin News: BTC/USD Pops to $94K, but Fed Uncertainty Looms Over the Rally appeared on BitcoinEthereumNews.com. Key Insights Buyers pushed the BTC/USD price above $94,000 to signal that bulls were in control of the short-term trend. The recent BTC price surge could face pressure once the Fed announces its decision on Wednesday, analysts warn. Liquidity metrics are not yet signaling full confidence in a BTC price rebound. The bid-ask ratio has remained relatively low and uneven. Bulls pushed the BTC/USD price above $94,000 to signal that buyers were in control of the short-term trend. However, trading volume data suggested caution at the time of writing with a top analyst claiming volume was insufficient to sustain the price level. Santiment described the move as a “much-needed rebound” that drew traders back into the market. The firm said the sudden price jump has drawn investors back into the market but it will need steady buying in the coming days to keep it going. BTC/USD Price Outlook: Bitcoin Price Today Braces for Swings Before Fed Meeting The recent Bitcoin price surge could face pressure once the Fed announces its decision on Wednesday, analysts warn. CME Group futures show an 88.6% chance of a 0.25% rate cut. Until yesterday, traders mostly stayed on the sidelines, keeping Bitcoin’s price stuck in a sideways range. That changed when BTC climbed above $93,500, forming the higher high needed to get short-term bullish momentum back on track. Meanwhile, the futures market shows a 21.6% probability of another quarter-point cut in January. The rally to $94K attracted significant market interest, source: Santiment Sykodelic, a top Bitcoin analyst, noted that any price action leading into the FOMC is hard to read because the meeting could cause significant volatility. Big day tomorrow. Any price action leading into FOMC is hard to read because tomorrow will be very volatile.$ETH is looking amazing… very strong every way you look at…

The post U.S. Fed Trims Benchmark Fed Funds Rate Range to 3.50%-3.75% appeared on BitcoinEthereumNews.com. The U.S. Federal Reserve delivered a widely expected 25 basis point rate cut on Wednesday, lowering the range on its benchmark fed funds rate by 25 basis points to 3.50% to 3.75%. This marks the third straight quarter point reduction and brings short-term borrowing costs to their lowest level since 2022. “Uncertainty about the economic outlook remains elevated,” said the Fed in its policy statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months.” The Fed in its statement also noted that reserve balances had declined and said it intends to begin purchases of shorter-term Treasury paper as needed to “maintain an ample supply of reserves.” The price of bitcoin BTC$90,327.54 was volatile in the minutes following the news, but remaining around the $92,400 level. U.S. stocks moved modestly higher and the 10-year Treasury yield dipped two basis points to 4.15% Today’s rate cut is of particular note given the unusually large amount of public dissension among Fed members about the course of monetary policy. Several in recent weeks had loudly voiced their opposition ahead of time to not just today’s easing, but also the central bank’s 25 basis point reduction at its previous meeting in October. Indeed two members — the Kansas City Fed’s Jeffrey Schmid and the Chicago Fed’s Austan Goolsbee — voted to hold policy steady. A third member, Fed Governor Stephen Miran — a recent Trump appointee — voted for a 50 basis point cut. Economic projections update Alongside the policy decision, this Fed meeting came with an updated set of the central bank’s economic projections. Core inflation is now seen at 3% for 2025 and 2.5% for 2026, each down 10 basis points from previous estimates. GDP growth is…

The post What Needs to Happen Before Bitcoin Turns Bullish Again? appeared on BitcoinEthereumNews.com. Bitcoin (BTC) once again fell below the $90,000 mark in early Asian trading hours today, despite positive macroeconomic catalysts. An analyst highlighted the drop in stablecoin inflows as a key factor behind Bitcoin’s ongoing weakness, suggesting fresh liquidity is vital for a bullish rally. Sponsored Sponsored The Key Catalyst Bitcoin Needs to Turn Bullish Again Data from BeInCrypto Markets showed that December has been a volatile month for the largest cryptocurrency. This follows two consecutive months of losses, with Bitcoin posting its largest monthly decline of the year in November. At the time of writing, BTC was trading at $89,885, down 2.7% over the past 24 hours. The drop comes despite yesterday’s Federal Reserve decision to cut interest rates for the third time this year. Bitcoin (BTC) Price Performance. Source: BeInCrypto Markets The bank lowered rates by 25 basis points to a target range of 3.50%–3.75%. Rate cuts are typically viewed as bullish for the crypto market. In fact, many expected a rebound. However, prices moved in the opposite direction. So, if not this, then what exactly does Bitcoin need to reverse its downtrend? According to Darkfost, its liquidity. The analyst explained that stablecoin inflows into exchanges have dropped from $158 billion in August to approximately $76 billion today. This represented a decline of 50% over just a few months. Meanwhile, the 90-day average fell from $130 billion to $118 billion, highlighting a clear downward trend. Sponsored Sponsored “One of the main reasons why Bitcoin is struggling to recover right now is the lack of incoming liquidity. When we talk about liquidity in the crypto market, we’re primarily referring to stablecoins,” the post read. Declining Stablecoin Exchange Inflows. Source: X/Darkfost The analyst added that this steep decline in stablecoin inflows signals weakening demand. Bitcoin now faces ongoing selling pressure that new capital…

The launch adds to Bhutan’s broader blockchain push, including Bitcoin reserves, Binance Pay integration and hydro-powered BTC mining.

The post Bitcoin Whale Liquidates 2x BTC Long Worth $64M, Posts Over $23M Profit in the Last 30 Days appeared on BitcoinEthereumNews.com. According to Coinbob’s widely watched address tracker, around 04:00 UTC this morning a whale labeled pension-usdt.eth closed a 2x leveraged BTC long, unwinding a position valued at approximately $64 million and securing a modest profit of about $560,000. Over the past seven days, this address has booked roughly $7.12 million from two short positions and three long positions, illustrating a mixed‑timing approach to market moves. Market observers note the account favors short-term swing trading, opening sizable BTC and ETH bets with low leverage and an average holding window near 20 hours. In the last 30 days, cumulative profits exceed $23 million, signaling persistent activity among large-volume wallets and highlighting the value of blockchain analytics for risk-aware investors in the crypto market. Source: https://en.coinotag.com/breakingnews/bitcoin-whale-liquidates-2x-btc-long-worth-64m-posts-over-23m-profit-in-the-last-30-days