Crypto News

The post Pepe Coin Price Risks 80% Crash as Alarming Pattern Forms and 6.5T Inflows appeared on BitcoinEthereumNews.com. Pepe Coin price remains in a bear market this year. It has dropped by ~82% from its highest point this year, lagging behind other top coins like Ethereum and Bitcoin. Still, technicals suggest that the Pepe price may plunge by another 80% as its exchange inflows are soaring.  Pepe Coin Price Technicals Show that it is at Risk of More Downside The daily timeframe chart reveals that the Pepe Coin price has been in a deep bear market this year. It has continued to form a series of lower lows in a sign that bears are always prevailing whenever it attempts to rebound. Pepe value formed a death cross in August and has remained below the 50-day and 200-day Exponential Moving Averages (EMA) since then. A death cross is one of the most common bearish patterns in technical analysis. It has also dropped below the Ichimoku cloud indicator, a sign that bears remain in control. A closer look shows that at least two risky patterns have formed. The most recent was the inverse cup-and-handle pattern. This pattern is made up of a horizontal line and a rounded top and is a common continuation sign.  It has also been forming the risky head-and-shoulders pattern. This pattern started forming in March last year when it jumped to a high of $0.00001636. It then formed the head section at $0.00002820.  Pepe Coin price retested the resistance at $0.00001636 in May, which became the right shoulder. Most recently, it has dropped below this pattern’s neckline at $0.0000051.  Therefore, all these patterns mean that the token will continue falling, with the next target being at $0.00000090, down by 80% from the current level.  Pepe Coin Price Chart On the other hand, a move above the resistance at $0.000010 will invalidate the bearish Pepe price forecast.…

The post Wall Street Concerns Over Potential Fed Chair Appointment appeared on BitcoinEthereumNews.com. Key Points: Wall Street warns Trump about appointing Kevin Hassett as Fed Chair. Concerns include potential market instability. Industry’s reaction highlights independence need. Wall Street insiders urge President Trump to reconsider the potential appointment of Kevin Hassett as Federal Reserve Chairman, citing risks to market stability and Fed independence. Appointing Hassett could lead to rising inflation and interest rates, impacting both traditional financial markets and the cryptocurrency ecosystem, as asset sensitivity to policy changes grows. Wall Street’s Apprehension Over Hassett’s Nomination Kevin Hassett’s potential nomination as Federal Reserve Chair has raised concerns from Wall Street and U.S. corporate insiders. Key figures, including Kevin Warsh and Christopher Waller, are also in consideration. The lack of independence and market credibility are primary issues highlighted by these insiders. If Hassett were appointed, long-term interest rates could rise, potentially leading to increased inflation pressures and disrupting financial markets. Mortgage and consumer rates, closely tied to the 10-year Treasury yield, are at risk of spiking. Market reactions have been characterized by caution from crypto leaders and investors regarding potential fallout. Raoul Pal, CEO of Real Vision, emphasized the importance of Fed independence in maintaining macroeconomic stability. Bitcoin Price Steady Despite Potential Fed Changes Did you know? Past Fed appointments during politically sensitive periods have coincided with increased market volatility, affecting both traditional and digital assets, underscoring the importance of central bank independence. As of December 3, 2025, Bitcoin’s price is $92,271.69, with a market cap of roughly 1.84 trillion, reflecting a 1.51% increase over 24 hours according to CoinMarketCap. Recent data shows Bitcoin experienced a 5.09% rise over the past seven days despite longer-term declines. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 16:59 UTC on December 3, 2025. Source: CoinMarketCap Insights from Coincu research suggest that a politically motivated Fed could lead to increased economic…

The post BlackRock CEO Openly Pivots On Bitcoin Stance appeared on BitcoinEthereumNews.com. BlackRock CEO Larry Fink has shifted his perspective on Bitcoin — and he openly acknowledged the change. Speaking at the NYT DealBook Summit on Wednesday, Fink stated that he now sees potential in Bitcoin. Fink was once a vocal critic who famously labeled Bitcoin “an index for money laundering,”  Today, Fink described Bitcoin as “an asset of fear,” elaborating that investors frequently purchase it in response to concerns about financial security, geopolitical instability, or the ongoing debasement of traditional assets caused by growing deficits. “If you bought it for a trade, it’s a very volatile asset, you’re going to have to be really good at market timing, which most people aren’t,” Fink said. “If you’re buying it as a hedge against all your hope, then it has a meaningful impact on a portfolio… the other big problem of Bitcoin is it is still heavily influenced by leveraged players.” Fink, speaking alongside Coinbase CEO Brian Armstrong, noted that market movements — like a recent 20–25% drawdown in Bitcoin — often reflect broader events, such as trade agreements with China or potential settlements in Ukraine.  Despite all this, Fink still suggested it can serve as meaningful portfolio insurance for those holding it as a hedge rather than for short-term trading. Fink emphasized that his perspective has evolved through years of client interactions and discussions with policymakers, calling his change of heart a “very glaring public example” of the need to reassess strong opinions.  Meanwhile, BlackRock, the $13.5 trillion asset manager Fink helped build, now offers several crypto products, including a major Bitcoin ETF, marking a stark contrast to his earlier skepticism. “There is no chance” that Bitcoin goes to zero, said Mr. Armstrong, who sat beside Fink. Fink also shared an optimistic view for the asset: “I see a big, large use…

The post Charles Schwab open to crypto acquisitions if pricing makes sense, says CEO appeared on BitcoinEthereumNews.com. Key Takeaways Charles Schwab CEO signals openness to crypto acquisitions if valuations align. The firm plans to launch spot crypto trading in 2026 after phased testing. At the Reuters NEXT conference, Charles Schwab CEO Rick Wurster said the top brokerage company will continue looking for acquisitions that strengthen its client offerings, including potential deals in the crypto sector if valuations are attractive. “If the right opportunity presented itself at the right price, we would certainly consider that,” Wurster said. Schwab is preparing to debut spot BTC and ETH trading in the first half of 2026 as it targets Coinbase’s market share, Wurster said previously. The firm is also eyeing a stablecoin launch and says clients want to consolidate crypto on Schwab, where they already hold $25 billion in ETPs. Source: https://cryptobriefing.com/charles-schwab-open-crypto-acquisitions-pricing-makes-sense/

The post Sony’s Blockchain Partner Launches Institutional-Grade Stablecoin for Soneium appeared on BitcoinEthereumNews.com. In brief Startale USD (USDSC) is live on Soneium, the Ethereum layer-2 network officially launched by Sony in January. Stablecoin platform M0 is providing the underlying infrastructure for USDSC. The launch follows Japan’s financial regulator approving a yen-stablecoin pilot from the country’s three megabanks earlier this month. Startale Group, Sony’s blockchain collaborator on the Soneium network, has launched an institutional-grade dollar stablecoin on Wednesday as the default settlement currency for the Ethereum layer-2 platform. The stablecoin, Startale USD (USDSC), went live alongside a rewards program called STAR Points that incentivizes transactions through the Startale App, as per a press release shared with Decrypt. Sony launched Soneium in January, following a testing period that drew over 14 million users and processed 50 million transactions. “USDSC is the digital dollar for Soneium that powers everything in the Startale App,” Sota Watanabe, founder of Astar Network and CEO of Startale Group, told Decrypt. “As more users and creators join Soneium, everyone needs a stable and trusted currency to move money around, make payments, and earn consistent yields.” Universal stablecoin platform M0, which recently partnered with MetaMask and Stripe’s Bridge for the MUSD stablecoin, is providing the “underlying infrastructure for USDSC, connecting issuance, application logic, and liquidity into a single programmable system.” “We believe that USDSC can become more than a digital dollar; it can be the foundation of a payment railway and yield opportunities designed to empower the creator economy on Soneium,” Watanabe said. Users can earn STAR Points by minting and holding USDSC, providing liquidity on Uniswap, and interacting with apps, while select Soneium projects will distribute tokens and rewards through the Startale App. The Startale App waitlist is now open, offering early access to USDSC features and STAR Points. Stablecoin momentum builds Stablecoin issuer Circle secured Japan’s first approval for a…

The post Harvey AI Enhances Legal Operations with Innovative Tools appeared on BitcoinEthereumNews.com. Tony Kim Dec 02, 2025 14:18 Harvey AI’s legal platform is revolutionizing in-house legal operations with tools like Workflow Builder and Harvey for Word Add-In, enhancing efficiency and productivity across legal teams. Harvey AI is transforming the landscape of in-house legal operations through its innovative platform capabilities, which are designed to optimize efficiency and productivity. According to Harvey AI, their legal team has integrated various new features to streamline legal processes significantly. Workflow Builder: Streamlining Vendor Reviews One of the standout tools introduced by Harvey AI is the Workflow Builder. This feature allows users to create custom workflows that automate repetitive tasks, thereby speeding up processes like vendor onboarding. The tool has been pivotal for the Privacy team at Harvey, enabling them to conduct vendor reviews efficiently by summarizing key terms and mapping requirements against vendor commitments. This automation has reportedly saved the team significant time, reducing the workload by 4-6 hours weekly. Harvey for Word Add-In: Efficient Redlining The Harvey for Word Add-In is another crucial innovation, allowing legal teams to conduct redlining within Microsoft Word efficiently. By applying commercial playbooks directly, the tool facilitates automatic generation of responsive redlines, which are then reviewed by the legal team. This integration of AI into Word has made it possible for legal teams to handle redlines more swiftly, with Harvey AI reporting that its Commercial Legal team uses the add-in for nearly every commercial matter. Vault: Managing Large Document Sets Vault, another feature from Harvey AI, has proven indispensable for data extraction across large document sets. The tool’s capability was recently enhanced, increasing the document limit to 100,000, making it particularly useful for larger organizations. A notable use case involved compliance with the EU’s Digital Operational Resilience Act (DORA), where Vault helped streamline…

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The post Bitget and Julián Alvarez Team Up to Show How GetAgent Makes Every Trader Play Smarter appeared on BitcoinEthereumNews.com. This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, December 3, 2025 — Bitget, the world’s largest Universal Exchange (UEX), has released the second video in its LALIGA collaboration series, this time starring football champion Julián Alvarez and the exchange’s AI-powered crypto assistant, GetAgent. The new film leans into a playful twist: Alvarez’s […] Source: https://news.bitcoin.com/bitget-and-julian-alvarez-team-up-to-show-how-getagent-makes-every-trader-play-smarter/

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The post ECB’s Lagarde: Underlying inflation remains consistent appeared on BitcoinEthereumNews.com. European Central Bank (ECB) President Christine Lagarde said that growth in economic activity should benefit from increased household spending and a resilient labor market, testifying before the Committee on Economic and Monetary Affairs of the European Parliament, in Brussels on Wednesday. Key takeaways Growth in economic activity should benefit from increased household spending and a resilient and more inclusive labour market. Indicators of underlying inflation remain consistent with our 2% medium-term target. We expect inflation to stay around our 2% target in the coming months. To respond flexibly to new challenges as they arise and will consider, as needed, new policy instruments in the pursuit of its price stability objective.” Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.28% -0.86% -0.34% -0.25% -0.48% -0.47% -0.29% EUR 0.28% -0.59% -0.04% 0.03% -0.21% -0.19% -0.01% GBP 0.86% 0.59% 0.54% 0.63% 0.39% 0.40% 0.58% JPY 0.34% 0.04% -0.54% 0.09% -0.14% -0.14% 0.05% CAD 0.25% -0.03% -0.63% -0.09% -0.23% -0.23% -0.04% AUD 0.48% 0.21% -0.39% 0.14% 0.23% 0.00% 0.19% NZD 0.47% 0.19% -0.40% 0.14% 0.23% -0.01% 0.18% CHF 0.29% 0.01% -0.58% -0.05% 0.04% -0.19% -0.18% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote). Source: https://www.fxstreet.com/news/ecbs-lagarde-underlying-inflation-remains-consistent-202512031553