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Zcash price eyes breakout as price hits $420 resistance

Zcash price eyes breakout as price hits $420 resistance

The post Zcash price eyes breakout as price hits $420 resistance appeared on BitcoinEthereumNews.com. Zcash price is testing the $420 resistance of a multi-month symmetrical triangle as rising trading volume and institutional accumulation hint at a potential breakout. Summary Zcash might be eyeing a fresh rally, testing $420 triangle resistance. Spot and futures volumes show renewed trader interest and risk appetite. Institutional buys and exchange listings have boosted momentum and visibility. Zcash was trading at $395 at press time, up 11% over the past 24 hours, as the market recovered after a quiet start to the week. The seven-day range sits between $306 and $420, leaving the coin 18% higher on the week but still down 27% across the past month. During the most recent rebound, trading activity has increased sharply, with 24-hour spot volume reaching $1.28 billion, nearly a 100% increase from the day before. Derivatives flow paints the same picture of renewed interest. Futures volume rose more than 100% to $5.5 billion, while open interest increased 21% to $895 million. A move of this size usually means traders are returning with fresh risk, rather than exiting positions in stress. Privacy coins return to the spotlight Zcash’s recent rally has tracked new interest around privacy coins. Shielded pool usage has climbed to 30% of supply, and post-halving issuance remains tight. Several recent events have pulled ZEC back into the spotlight, from new exchange listings to institutional treasury builds. Bitget added ZEC spot trading on Dec. 3, giving the asset new reach across its large user base and triggering a double-digit intraday gain. Days later, France’s BPCE Bank integrated ZEC into its consumer app, marking one of the first banking rollouts of a privacy coin.  The momentum was not universal, however, as Bithumb delisted ZEC on Dec. 1 under MiCA 2.0 rules. This shows the rising split between regions on how privacy coins are…
Strategy Confirms Latest Buy Of 10,624 BTC for $962 Million

Strategy Confirms Latest Buy Of 10,624 BTC for $962 Million

The post Strategy Confirms Latest Buy Of 10,624 BTC for $962 Million appeared on BitcoinEthereumNews.com. Strategy purchases 10,624 BTC for $962M, increasing holdings to 660,624 BTC. MSTR stock rises 2% amid Bitcoin price fluctuations.   Michael Saylor’s Strategy, formerly known as MicroStrategy, has made a major Bitcoin acquisition. The company confirmed that it purchased 10,624 BTC for $962.7 million, expanding its holdings to a total of 660,624 BTC. Following this massive purchase, Strategy’s stock price jumped more than 2%. The announcement came during Saylor’s participation at the Bitcoin MENA conference, with the firm targeting further growth and expansion. Strategy’s Massive Bitcoin Purchase On December 8, Strategy revealed it had purchased 10,624 BTC between December 1 and 7. The average price per Bitcoin in this acquisition was $90,615. This adds to the company’s existing Bitcoin holdings, bringing the total to 660,624 BTC. These Bitcoin holdings have been acquired for a total of $48.38 billion, averaging $74,436 per coin. Strategy has just acquired 10 624 BTC for ~$962.7 million at ~$90 615 per bitcoin. They now hodl 660,624 $BTC 🔥 This is the biggest purchase made since July. pic.twitter.com/0v1acaNjR9 — Darkfost (@Darkfost_Coc) December 8, 2025 Michael Saylor shared the news with shareholders via X, emphasizing the company’s ongoing commitment to its Bitcoin strategy. He also mentioned that the company’s Bitcoin yield had reached 27.8% year-to-date (YTD). This purchase underscores Strategy’s belief in Bitcoin as a core asset for its long-term growth, even as the price of Bitcoin experiences fluctuations. Strategy Stock Reacts to Bitcoin Purchase Following the announcement of the purchase, Strategy’s stock (MSTR) rose by more than 2%. The increase in stock price reflects investor confidence in the company’s Bitcoin acquisition strategy. MSTR stock was priced at $182.45 during pre-market trading, showing a positive reaction from the market. However, this increase came amid a broader decline in Bitcoin’s price, which fell below $92,000. Despite the pullback…
Japan FSA Declares Overseas Bitcoin ETF Derivatives Not Suitable; IG Securities Suspends Spot Bitcoin CFD Trading

Japan FSA Declares Overseas Bitcoin ETF Derivatives Not Suitable; IG Securities Suspends Spot Bitcoin CFD Trading

The post Japan FSA Declares Overseas Bitcoin ETF Derivatives Not Suitable; IG Securities Suspends Spot Bitcoin CFD Trading appeared on BitcoinEthereumNews.com. According to the Japan Financial Services Agency (FSA), a recent Q&A revision clarifies that offering domestic CFD products and other derivatives tied to overseas cryptocurrency ETFs is not ideal, given Japan’s lack of approval for crypto ETFs and a developing investor protection framework. The FSA emphasizes that such instruments are linked to the spot price of digital assets and function as cryptocurrency derivatives with limited risk disclosure and an evolving regulatory structure. Because these instruments reflect the spot price of cryptocurrencies, they fall under the category of crypto derivatives, where disclosures and safeguards are often inadequate. The update signals a cautious regulatory posture, warning issuers and brokers against promoting or distributing overseas ETF‑linked crypto exposures within the current environment. In response, IG Securities has suspended CFD trading tied to U.S. spot Bitcoin ETFs such as IBIT. The directive suggests a protracted path to allowing overseas ETF‑linked crypto derivatives, reinforcing a conservative stance aimed at protecting retail investors and ensuring robust domestic supervision. Source: https://en.coinotag.com/breakingnews/japan-fsa-declares-overseas-bitcoin-etf-derivatives-not-suitable-ig-securities-suspends-spot-bitcoin-cfd-trading
[Live] Crypto Market News Today: Latest Updates on December 9, 2025

[Live] Crypto Market News Today: Latest Updates on December 9, 2025

The post [Live] Crypto Market News Today: Latest Updates on December 9, 2025 appeared on BitcoinEthereumNews.com. The post [Live] Crypto Market News Today: Latest Updates on December 9, 2025 appeared first on Coinpedia Fintech News December 9, 2025 05:51:30 UTC CFTC Launches Pilot Allowing Bitcoin and Ethereum as Collateral Acting CFTC Chairman Caroline Pham announced a new pilot program that allows Bitcoin, Ethereum, and USDC to be used as collateral in U.S. derivatives markets. The move supports the use of digital and tokenized assets in regulated trading. Along with this, the Market Participants Division withdrew Staff Advisory 20-34, saying it is no longer relevant. Officials said recent progress in digital assets and new laws like the GENIUS Act made the old guidance outdated. December 9, 2025 05:43:10 UTC Vitalik Buterin Says Ethereum Has Fixed a Key Network Weakness Ethereum co-founder Vitalik Buterin said the Ethereum Foundation earlier paid too little attention to the network layer, focusing more on economics, consensus, and blocks. He admitted that peer-to-peer networking skills were lacking before. However, Vitalik said this has changed now. He highlighted the strong performance of PeerDAS as proof, praising Raul Victor and Ethereum Foundation contributors for their “heroic” work. The new roadmap aims for faster data sharing, better stability, and improved network privacy. For years, I've complained internally at the EF that we do not have enough expertise at p2p: we think a lot about cryptoeconomics, BFT consensus and blocks, but we take the p2p networking layer for granted. I think that's no longer true, and PeerDAS shows it.@raulvk and others… pic.twitter.com/qwgXAbrYJw — vitalik.eth (@VitalikButerin) December 8, 2025 Source: https://coinpedia.org/news/live-crypto-market-news-today-latest-updates-on-december-9-2025/