Pakistan Charts Crypto Overhaul With Binance Shaping New Framework

PANews reported on December 7th that Huobi and HTX will jointly launch NIGHT/USDT spot trading on December 9th. NIGHT deposits will be available soon. Simultaneously, Huobi leverage will add isolated margin trading for NIGHT/USDT (10X). Midnight is reportedly a next-generation blockchain, and $NIGHT is a popular coin within the ADA ecosystem. It utilizes zero-knowledge proof technology to provide practicality without compromising data protection or ownership, thereby enabling applications that can safeguard user, business, and transaction data and metadata.

The post Can Bulls Defend the $2 Mark? appeared on BitcoinEthereumNews.com. The crypto market is holding its breath as the Federal Reserve is widely expected to announce another rate cut next week. With an 86% probability of a 25-basis-point reduction, the move signals a shift in monetary policy—one that could ripple through traditional and digital markets alike. For XRP price, this decision comes at a critical juncture. The token is consolidating near the $2 mark, showing early signs of compression that could lead to a decisive breakout or breakdown. How the Fed’s Decision Could Influence XRP Price Prediction When the Fed lowers interest rates, liquidity usually flows toward higher-risk assets like cryptocurrencies. Investors see reduced borrowing costs as a green light to move capital away from bonds and into speculative sectors. In the short term, this could boost demand across the crypto market, especially for large-cap coins like XRP that have historically tracked broad market sentiment. However, this policy shift isn’t without risk. If the rate cut sparks fears of inflation, the dollar might weaken temporarily, boosting crypto prices, but an overheated market could later face correction once inflation pressures resurface. In essence, XRP’s near-term rally potential depends not only on the cut itself but on how investors interpret the Fed’s broader tone—whether it signals a short-term stimulus or a sustained dovish stance. Technical Analysis: XRP Price Faces a Tight Squeeze XRP/USD Daily chart- TradingView The XRP price daily chart shows price holding just above the $2.04 zone, hugging the lower Bollinger Band range. The bands have tightened, signaling a phase of volatility contraction. Historically, such setups precede large directional moves. The middle band (SMA 20) around $2.11 acts as immediate resistance, while the upper band near $2.28 defines the ceiling for bullish expansion. The Heikin Ashi candles show mild indecision—smaller bodies and wicks on both sides—hinting at market hesitation. A…

The Central Bank of Russia’s long-term strategy for 2026 to 2028 paints a picture of growing concern. The document, prepared […] The post Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy appeared first on Coindoo.