Author: CryptoHoppers
The Pi crypto price has been in a freefall this month, continuing a trend that began late in November. Summary Pi Network price continued its freefall, reaching its lowest level since Nov.5. The daily volume of Pi plunged by 11% to $14 million, a sign of weak demand. This trend is happening after an investor filed a lawsuit against the developers. Pi Network (PI) token dropped to $0.2145, its lowest level in almost a month. It has dropped by ~25% from its November high, indicating it has entered a local bear market. The token has dropped as third-party data shows…
Record XRP Outflows Signal Imminent Supply Shock as 1B Tokens Leave Exchanges
TLDR: XRP exchange balances hit historic lows, falling sharply below the price structure line. Over one billion XRP withdrawn in three weeks, indicating strong accumulation trends. Supply crunch reduces market liquidity, making prices more sensitive to buying pressure. Historical trends suggest XRP could outperform BTC if current outflow patterns continue. XRP exchange balances are falling at a historic pace, raising concerns about a developing supply squeeze across major trading platforms. On-chain metrics from Glassnode show that more than one billion XRP has exited exchanges within the last three weeks. This drop has pushed the green supply line far below the…
Crypto-Asset Reporting Framework: Hong Kong Opens Consultation on Crypto Tax Reporting Rules
TLDR: Hong Kong begins consultation to integrate CARF rules and enhance crypto tax-reporting obligations. Updated CRS rules introduce new digital financial products and stronger due-diligence requirements. Government plans mandatory registration and stricter penalties for institutions handling reportable data. Automatic exchange of crypto-asset tax information is targeted to start with partner jurisdictions in 2028. Hong Kong has opened a public consultation on the Crypto-Asset Reporting Framework (CARF) and related amendments to the Common Reporting Standard (CRS). The process begins as the government moves to align its tax-reporting system with new OECD standards for digital assets. Officials confirmed that the consultation will…
This content is provided by a sponsor. PRESS RELEASE. BARCELONA, Spain – December 9, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced that Revolut, the global fintech serving over 65 million customers, has selected TRON for a blockchain infrastructure […] Source link
XRP price continues to compress inside a tightening triangle pattern, increasing the probability of a major breakout as price approaches the apex between key support and resistance levels. Summary XRP’s trading range is tightening, hinting that a major move is approaching. Market attention is building as price hovers near a crucial decision point. A surge in trading activity could determine whether XRP trends higher or breaks lower. XRP (XRP) price is showing one of its clearest structural patterns in months as price compresses into a multi-week symmetrical triangle. With higher lows forming beneath lower highs, the asset is now coiling…
Analyst Reveals What You Should Look Out For
After breaking below $90,000 again, the next direction of the Bitcoin price is being hotly debated once again. This comes with the added burden of a number of major events coming around this week, as well as investor sentiment being stuck in the negative territory for an extended period of time. Crypto analyst, MarcPMarkets, shares his thoughts on the current state of the market and what investors should be looking out for as the next direction is determined. The Bearish And Bullish Scenarios In the analysis shared on the TradingView website, MarcPMarkets highlights the different scenarios that could determine where…
TLDR: YPF is evaluating cryptocurrency payments at service stations to match growing local adoption. Dollar payment system currently used may guide crypto integration and transaction flow. Intermediaries like Lemon, Ripio, or Binance could handle crypto-to-currency conversions. Implementation depends on regulatory approval, security measures, and real-time conversion systems. Argentina’s YPF is examining the possibility of accepting cryptocurreny payments at its service stations. The initiative could make the company the first oil firm to transact in digital assets. This move follows a recent rollout allowing payments in U.S. dollars at YPF stations. Officials are reviewing systems and potential intermediaries for crypto integration.…
South Korea to Impose Bank-Level Liability on Crypto Exchanges After Upbit’s $30M Hack
Key Takeaways:South Korea plans to apply bank-level, no-fault compensation rules to crypto exchanges after a major breach at Upbit.Regulators want exchanges to reimburse users for losses from hacks or system failures, even if the platform is not at fault.The upcoming overhaul introduces stricter IT requirements, higher penalties, and expanded oversight, signaling the toughest regulatory shift in Korea’s crypto sector to date.South Korea is preparing one of its most aggressive regulatory responses yet after a high-profile incident at Upbit reignited concerns about weak digital-asset protections. The government now aims to treat crypto exchanges with the same standards as traditional financial institutions,…
Dubai Customs and Binance have agreed to work together to expand digital payment capabilities by integrating crypto assets into commercial and logistical transactions. Signed during Binance Week 2025 in Dubai, between Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE in Dubai, Binance, which offers payment solutions including Binance Pay, will work to enhance trade flow and accelerate investment cycles by offering its solutions to Dubai Customs. Dubai’s local logistics sector to benefit from digital payments As per the agreement, digital assets will be integrated into the commercial transactions and logistics sector, supporting…
Solana Price Prediction: Bulls Aim to Regain Control as Mutuum Finance (MUTM) at $0.035 Dominates DeFi with $1 Target
Solana (SOL) remains in the limelight as the bulls attempt to take charge again amidst recent volatility in the market. Observers are closely watching if the altcoin would be able to reclaim key levels of support and resistance in order to fuel the next surge. Despite the excellent SOL ecosystem and layer-1 functionality, Solana faces stiff competition from up-and-coming projects that are acquiring adoption in the early stages. Among these up-and-coming projects emerges Mutuum Finance (MUTM) with a current price of $0.035 and poised to quickly become one of the giants in the world of DeFi cryptos. The project’s lending/borrowing…