Author: Isabella Taylor

The Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank charters to five digital asset firms on Friday, including Ripple, Circle, and Fidelity Digital Assets, according to an official release. Summary The OCC granted conditional national trust bank charters to five major digital-asset firms—including Ripple, Circle, Paxos, BitGo, and Fidelity Digital Assets—integrating them directly into the federal banking system and Fed payment rails. The approvals, enabled by the new GENIUS Act and paired with Interpretive Letter 1188, give these firms expanded authority to settle stablecoins like USDC through the Federal Reserve and conduct riskless-principal…

Jill Gunter, co-founder of Espresso, reported Thursday that her crypto wallet was drained due to a vulnerability in a Thirdweb contract, according to statements posted on social media. Summary Crypto veteran Jill Gunter reported the theft of over $30,000 in USDC from her wallet, which was drained on Dec. 9 and routed through Railgun. The vulnerability stemmed from a legacy Thirdweb contract that allowed access to funds with unlimited token approvals. The incident followed a separate 2023 open-source library flaw that affected more than 500 token contracts and was exploited at least 25 times, according to ScamSniffer. Gunter, described as…

Carl Erik Rinsch, known for directing the movie “47 Ronin,” was convicted of wire fraud and money laundering for misappropriating funds provided by Netflix for a science-fiction series, the U.S. Attorney’s Office in New York announced. Summary Hollywood director Carl Erik Rinsch was convicted of wire fraud and money laundering for misusing Netflix funds. Prosecutors said Rinsch diverted the money into personal accounts and speculative trades—including Dogecoin—and luxury items. Rinsch faces up to 20 years per fraud and laundering count. Rinsch was found guilty of one count of wire fraud and one count of money laundering, each carrying a maximum…

Chinese artificial intelligence platform DeepSeek has released price projections for three major cryptocurrencies through the end of 2025, forecasting heightened volatility for Ripple’s XRP token, Solana, and Dogecoin. Summary DeepSeek has released end-2025 price projections. For XRP, the model outlines a bearish collapse scenario versus a bullish case tied to a final SEC lawsuit resolution in August. Solana’s outlook hinges on ecosystem growth and potential ETF-driven institutional adoption, while failure to break resistance could trigger a pullback. Dogecoin faces declining memecoin dominance, with upside dependent on broader payment adoption, while weaker sentiment could lead to further retracement despite holding key…

Summary Silver hit record highs while U.S. Treasury yields surged. Crypto skeptic Peter Schiff says this reflects mounting stress following the Fed’s recent rate cut and renewed quantitative easing. Chart data shows silver’s rally has been steady and technically strong, with higher highs, higher lows, and no speculative volume spikes—supporting the view that investors are repositioning amid declining confidence in current monetary policy. Silver prices reached record levels as U.S. bond yields continued climbing, prompting economist Peter Schiff to question the Federal Reserve’s recent monetary policy decisions. Schiff stated that silver is trading at an all-time high, while gold has…

Currently, the Ethereum price is in the $3,051–$3,272 range, moving down amid reactions to the Federal Reserve’s decision to cut interest rates. Traders are jittery, volatility is rising, and a clear trend is yet to take shape. Naturally, that leaves us asking: what’s a credible Ethereum price prediction going forward? Summary Ethereum is trading between $3,051–$3,272, with rising volatility and no clear trend as markets react to the Fed. Bulls remain in control above $3,000, with $3,200 as a key level that could trigger gains toward $3,400 if supported by institutional activity. A drop below $3,000 could lead ETH toward…

Bitcoin price retreated below $90,000 today, Dec. 12, as a senior executive at Vanguard warned that it was a ‘digital Labubu’ and as an alarming pattern formed. Summary Bitcoin price dropped below the important support at $90,000. A senior Vanguard expert called it a digital Labubu. The coin has formed a bearish flag pattern on the daily chart. Bitcoin (BTC) was trading at $89,700 at press time, down sharply from the year-to-date high of $126,300. Its pullback coincided with the significant drop in American equities, with the Nasdaq 100 and S&P 500 indices falling by over 1% as artificial intelligence…

Aster price remains stable around the $0.92 support zone as buyers defend the value area low, raising the possibility of a bottom forming and a potential rotation toward higher resistance levels. Summary ASTER maintains stability above the $0.92 support and value area low. Repeated buybacks hint at accumulation and early bottom formation. A reclaim of the Point of Control could trigger a move toward $0.09 HTF resistance. Aster (ASTER) continues to demonstrate impressive stability amid broader market volatility, holding firmly around the critical $0.92 support region. Despite external market pressure and fluctuating sentiment, ASTER has retained structure and maintained a…

XRP price continued its recent downtrend even after the Office of the Comptroller of the Currency granted Ripple Labs a conditional approval for a banking charter, and ETF inflows continued. Summary XRP price is stuck in a technical bear market after falling by ~45% from the year-to-date high. OCC granted Ripple Labs a national banking charter. The charter allows the company to offer custody services. Ripple (XRP) token dropped to a low of $1.980, continuing a downtrend that started in July when it peaked at $3.6600.  SEC grants Ripple Labs a banking license The XRP price has dropped despite having…

Ethereum price trades within a rising wedge at $3,200, a bearish pattern signaling weakening momentum and raising the likelihood of a breakdown toward lower support regions. Summary ETH forms a bearish rising wedge as price approaches the $3,200 region. Loss of the Value Area High and weak volume indicate structural weakness. Breakdown below the wedge and POC could accelerate a move toward $2,500 support. Ethereum’s (ETH) price has recovered modestly from recent lows, but the structure of this rebound is flashing warning signs. The asset has rallied into a bearish rising wedge, a technical formation that often appears during corrective moves…