In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, <\/p>\n
\t<\/span><\/p>\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t0.29%<\/span>\n\t\t\t\t\t<\/span><\/p>\n\t\t\t\t\n\t\t\t\n\t\t<\/p>\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t0.29%<\/span>\n\t\t\t\t\t<\/span><\/p>\n\t\t\t\t\n\t\t\t\n\t\t<\/p>\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t0.29%<\/span>\n\t\t\t\t\t<\/span><\/p>\n\t\t\t\t\n\t\t\t\n\t\t<\/p>\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t0.29%<\/span>\n\t\t\t\t\t<\/span><\/p>\n\t\t\t\t\n\t\t\t\n\t\t<\/p>\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\n\t\t\t\n\t\t<\/p>\n
\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\tBitcoin<\/span>\n\t\t\t\t\tBTC<\/span>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\t$91,401.24<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t0.29% \/24h<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\n\t\t\t\t\t$24.53B<\/span>\n\t\t\t\t\t<!– \n\t\t\t\t\t\t?<\/span>\n\t\t\t\t\t<\/span> –>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\tPrice 7d<\/span>\n\t\t\t\t\t<\/span><\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n\t\t\t<\/p>\n\t\t\n\t<\/p>\n\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t<\/p>\n
\t\t\t<\/p>\n
\t\t\n\t<\/p>\n
\thad dropped to $88k, from which it has only slightly recovered, trading at\n \n <\/span>\n <\/span>\n today.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nFor now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\nSpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For now, it looks like SpaceX has just shuffled its BTC around for custody reasons and does not plan to sell them.<\/p>\n
SpaceX(@SpaceX<\/a>) transferred out another 1,083 #BTC<\/a>($99.81M) ~30 mins ago, possibly to Coinbase Prime for custody.https:\/\/t.co\/zW62EKM2RD<\/a> pic.twitter.com\/MxgPpAFz8v<\/a><\/p>\n\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 Lookonchain (@lookonchain) December 5, 2025<\/a><\/p>\n\nHowever, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
However, BTC did fall around the time, just before the PCE inflation data<\/a> and the big options expiry. As of right now, BTC is trading 0.15% on the 24-hour charts and is down by 2% on the weekly chart.<\/p>\nLooking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Looking at the daily chart, it looks like BTC is finally breaking out of the long red downtrend channel, hinting that the worst of the sell-off might be over. As of right now, BTC is consolidating just below $90,000, the support turned resistance zone.<\/p>\n\n
(Source: TradingView<\/a>)<\/p>\nTill the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\nBitcoin\u2019s fair value is at $150,000 now.<\/p>\nThe gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Till the bulls can help its price action convincingly close above the $90,000 level, sellers will still be in the play to apply some short-term pressure. If BTC manages to breach $90,000, the next level to breach sits at $94,600.Clearing that would confirm BTC\u2019s bullish momentum and open the door to higher targets.<\/p>\n
Bitcoin\u2019s fair value is at $150,000 now.<\/p>\n
The gap between price and Global Liquidity is massive. pic.twitter.com\/RWrAJanvHu<\/a><\/p>\n\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 Rekt Fencer (@rektfencer) December 2, 2025<\/a><\/p>\n\nFrom there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\nEXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
From there on, upside zones around $108,000 and even $116,000, line up with past liquidity pockets.<\/p>\n
EXPLORE:\u00a0Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\nCrypto Update: Markets Brace For An Almost Certain Fed Rate Cut<\/h2>\nThe FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\nOn Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The FOMC (Federal Open Market Committee) meeting on December 9-10 is looming in close, and traders are almost fully convinced that the Fed (Federal Reserve) will keep things dovish.<\/p>\n
On Polymarket<\/a>, as of now, the odds of a 25 basis point rate cut are sitting at 92%, flipping market sentiments when it comes to BTC. Earlier talks of a breakdown are now replaced by the hopes of the crypto gold staging a comeback.<\/p>\nTraders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\nThe Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Traders are expecting the Fed Chair, Jerome Powell, to push through another quarter-point cut this week. At the same time, not all Fed officials are happy about their current predicament.<\/p>\n
The Fed has made back-to-back cuts<\/a>, with the last one in October after weak summer job data, sparking resistance<\/a> from hawkish members, with five voting officials openly signalling that they will not be backing any more rate cuts in December.<\/p>\nHowever, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\nMeanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\nLiveliness has been range bound since the 2017 peak, up until now.<\/p>\nThe 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\nNew Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
However, the momentum shifted on 21 November when New York Fed President John Williams said conditions justified a reduction in the \u201cnear term.\u201d Since then, markets have leaned hard into the idea of another cut.<\/p>\n
Meanwhile, Bitcoin liveliness, a metric that has coincided with BTC bull phases, is climbing again.<\/p>\n
Liveliness has been range bound since the 2017 peak, up until now.<\/p>\n
The 2017 Bull was special in that it was the first epic parabola with widespread participation, but was also when many old coins transacted to capture the BCH dividend.<\/p>\n
New Liveliness ATHs shows how extreme the\u2026 https:\/\/t.co\/aoVFr2jOsR<\/a><\/p>\n\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 _Checkmate (@_Checkmatey_) December 6, 2025<\/a><\/p>\n\nAnalyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\nThis would be my bullish scenario.<\/p>\nPre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\nAfter that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Analyst Micha\u00ebl van de Poppe is leaning bullish, though he expects some turbulence first. He\u2019s calling for pre\u2011FOMC selling pressure today and Monday, with prices possibly dipping to $87,000 to sweep liquidity before setting up for a stronger rally.<\/p>\n
This would be my bullish scenario.<\/p>\n
Pre-FOMC and on Monday, correction to sweep the lows. Perhaps hitting $87K.<\/p>\n
After that, bounce back up, swiftly, in which the uptrend is confirmed for #Bitcoin<\/a> and it’s ready to break $92K and therefore the run towards $100K in the coming 1-2\u2026 pic.twitter.com\/lQezKkQM5W<\/a><\/p>\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 7, 2025<\/a><\/p>\n\nEXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
EXPLORE:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now <\/a><\/strong><\/p>\n\n\n\n\n\t\t<\/span>\n\t\t\n\t\t\t2 hours ago\t\t<\/a><\/div>\n\nUS Wants 12 Years For Do Kwon Over $40B Terra Collapse<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nUS prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\nBloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
US prosecutors want a 12-year sentence for Do Kwon, co\u2011founder of Terraform Labs, over the $40 billion Terra collapse. Kwon currently faces sentencing in the US after being extradited from Montenegro earlier this year.\u00a0<\/p>\n
Bloomberg quoted<\/a> prosecutors stating to the US District Judge Paul Engelmayer that Kwon\u2019s actions were \u201ccolossal in scope,\u201d stressing that the damage went far beyond Terra itself.\u00a0<\/p>\nThe DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\nProsecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The DOJ is asking for a 12 year prison sentence for Terra founder Do Kwon after his guilty plea.<\/p>\n
Prosecutors say Do Kwon deserves the maximum sentence for his role in the 40 billion dollar Terra collapse. pic.twitter.com\/JChkGIYqbz<\/a><\/p>\n\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 Crypto Coin Show (@CryptoCoinShow) December 7, 2025<\/a><\/p>\n\nAuthorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\nThe U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t3 hours ago\t\t<\/a><\/div>\n\nSEC Greenlit SUI Crypto ETF With 2x Leverage<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nThe SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\nThis green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n<\/div>\n<\/div>\n\nMarket Cap<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\t\t\t\t24h<\/button>\n\t\t\t\t7d<\/button>\n\t\t\t\t30d<\/button>\n\t\t\t\t1y<\/button>\n\t\t\t\tAll Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\nThe hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\nRead More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Authorities state that Kwon misled investors by promoting Terra\u2019s algorithmic stablecoin as stable and sustainable, even though internal communications suggested he knew it was vulnerable<\/p>\n
The U.S. Department of Justice is pushing for a 12\u2011year sentence. Kwon\u2019s defense team, however, has argued for a lighter sentence, citing his time in harsh detention conditions in Montenegro and claiming he did not intend to defraud investors.<\/p>\n<\/div>\n<\/div>\n
The SEC\u2019s approval of the new 2x leveraged SUI Crypto ETF landed with good timing. Right when the market seems to crave the next regulatory surprise.<\/p>\n
This green light gives SUI another push into the institutional spotlight, and the arrival of a leveraged crypto ETF on Nasdaq gives traditional investors a way to ride SUI\u2019s daily moves without touching the token itself.<\/p>\n
The hammer also hits a sign that regulators are warming up to altcoin ETFs after months of approvals across the crypto market, and it adds fuel to the growing Sui\u2019s efficient network.<\/p>\n
Read More Here<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\t\t<\/span>\n\t\t\n\t\t\t4 hours ago\t\t<\/a><\/div>\n\nSouth Korea To Treat Exchanges As Banks<\/h2>\n<\/div>\n\n\n\t\t\t\tBy Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/div>\n\nSouth Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\nThis is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
South Korea is turning its screws on exchanges in the country after the latest $30 million Upbit hack and plans to treat these platforms more like banks going forward. Simply stated, if an exchange gets hacked, it should be on the hook to compensate users, no matter what.\u00a0<\/p>\n
This is a stark departure<\/a> from earlier, when exchanges were not liable to cover consumer losses in cases such as the Upbit hack.\u00a0<\/p>\n SECURITY UPDATE:<\/p>\nSouth Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\nThe move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
SECURITY UPDATE:<\/p>\n
South Korea is preparing to introduce bank-level, no-fault liability rules for crypto exchanges following the recent Upbit hack.<\/p>\n
The move aims to strengthen consumer protection and raise operational security standards across the industry. pic.twitter.com\/X7BKrxi4nW<\/a><\/p>\n\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2014 Crypto Patel (@CryptoPatel) December 7, 2025<\/a><\/p>\n\nThis is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\nNew rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\nThere are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\nEXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
This is not just about hacks either. Korea\u2019s five major exchanges, including Upbit, Bithumb, and Coinone, have had around 20 system failures since 2023, affecting more than 900 users and causing billions in damages. Upbit alone accounted for six of those failures.<\/p>\n
New rules are being discussed at the moment. They would require stronger IT security, faster breach reporting, and harsher penalties, including fines that can reach up to 3% of annual revenue.\u00a0<\/p>\n
There are also talks of a stricter anti-money laundering enforcement and shareholder restrictions, with convicted tax or drug offenders barred from owning stakes in licensed exchanges.<\/p>\n
EXPLORE:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<\/div>\n<\/div><\/div>\n<\/div>\nThe post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The post Crypto Today: Bitcoin Consolidates Below $90k, Fed Rate Cut Probability Might Spark Pump<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
In the last couple of days, the crypto space has been just going through the motions. SpaceX moved 1,083 Bitcoin (BTC), roughly $100 million, to new wallets. At the time, Bitcoin BTC $91,401.24 0.29% Bitcoin BTC Price $91,401.24 0.29% \/24h Volume in 24h $24.53B <!– ? –> Price 7d had dropped to $88k, from which […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118518","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118518"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118518\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}