Bitcoin Back To $90,000, Ethereum, XRP, Dogecoin Meander As Crypto Looks For Catalysts

Bitcoin has fallen back down to $90,000 as sideways price action continues on Friday.

Notable Statistics:

Coinglass data shows 119,115 traders were liquidated in the past 24 hours for $415.96 million.       

In the past 24 hours, top gainers include Mantle, Hyperliquid and Bitcoin Cash.

Notable Developments:

Trader Notes: Ted Pillows flagged two major Bitcoin liquidity zones at $88,000–$89,000 and $93,000–$94,000, suggesting price may dip to sweep the lower band before reversing higher.

Crypto chart analyst Ali Martinez noted Bitcoin whales have offloaded ~170,500 BTC over the past year — a significant reduction in large-holder supply.

Daan Crypto Trades said Bitcoin is stuck…

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Coinbase Soon To Have Prediction Market And Tokenized Stocks

Coinbase is reportedly preparing to launch its own prediction markets, powered by U.S.-based operator Kalshi, in a move that could expand the types of assets available on the exchange amid cooling investor interest in cryptocurrencies, according to reporting from Bloomberg and CNBC.

The announcement is expected to come next week, coinciding with Coinbase’s “Coinbase System Update” showcase on Dec. 17. While the exchange declined to confirm specifics, it encouraged users to tune into the livestream for updates.

Rumors of the new prediction markets have been circulating for nearly a month. In mid-November, tech researcher Jane Manchun Wong shared a screenshot of what appeared to be…

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Vanguard Exec Says Bitcoin Is Like ‘A Digital Labubu’

Bitcoin (CRYPTO: BTC) returned to the center of Wall Street’s credibility debate after a senior Vanguard executive dismissed the asset as a speculative “digital toy.”

Vanguard Executive Doubles Down On Bitcoin Skepticism

Vanguard Group Global Head of Quantitative Equity John Ameriks said Bitcoin lacks the income, compounding, and cash-flow characteristics the firm seeks in long-term investments.

Speaking at Bloomberg’s ETFs in Depth conference in New York on Thursday, Ameriks compared Bitcoin to a viral plush toy collectible, calling it a “digital Labubu.”

Absent evidence that the technology delivers durable economic value, Ameriks said it is difficult to view Bitcoin as anything beyond…

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Bitcoin Falls To $90k, Vanguard Exec Calls BTC A Digital Toy

The bitcoin price was trading in the $92,000 range earlier today but has now dropped back toward $90,000, reflecting continued volatility despite the U.S. Federal Reserve’s 25-basis-point rate cut. 

After briefly spiking above $93,000 yesterday, the crypto fell below $90,000 and stabilized around $90,600 at the time of writing.

The pullback comes amid mixed signals from the Fed. While the rate cut to 3.50%–3.75% was widely anticipated, Fed Chair Jerome Powell’s cautious remarks and a 9–3 split among FOMC members — one favoring a deeper 50-basis-point cut and two opposing any reduction — tempered enthusiasm for risk assets, including BTC.

Analysts described the decline as a…

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OCC Grants Conditional Approvals To 5 Crypto Firms

The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approvals for five digital asset firms — Ripple, Circle, Fidelity Digital Assets, BitGo, and Paxos — to become federally chartered national trust banks, marking a major milestone in the integration of cryptocurrency into traditional finance.

The approvals, announced Friday, allow the firms to convert from state-level trust charters to federal status, subject to meeting the OCC’s conditions. 

Once finalized, these institutions will join roughly 60 other national trust banks regulated by the OCC, gaining the ability to offer fiduciary and custody services nationwide. 

Unlike larger national…

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Why Trump Should Pardon The Developers Of Bitcoins Non Custodial Samourai Wallet

On December 18th, days before Christmas, Keonne Rodriguez, co-founder of the Bitcoin Samourai Wallet, will have to surrender to prison. His crime? Creating a software tool that gave Bitcoin users comparable privacy to that which banks are expected to provide. Samourai Wallet, the brand and technology stack built by Rodriguez and William Lonergan Hill, was shut down by the U.S. Government in April 2024 on a variety of charges, including money laundering, but only one charge stuck after a high-profile trial, the weakest charge of all, “unlicensed money transmission”.

What does it mean to transmit money? According to prosecutors, custodial control over user funds is no longer a…

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Sangha Opens Bitcoin 20MW Bitcoin Mining Facility In Texas

Sangha Renewables announced the energization of its 19.9-megawatt bitcoin mining facility in Ector County, West Texas today, in partnership with Links Genco and TotalEnergies.

The project operates behind-the-meter on a 150-megawatt solar farm, combining renewable energy generation with digital infrastructure to explore new revenue streams for the energy sector.

The facility, developed with support from Links Genco, uses bitcoin mining to provide dispatchable industrial demand that aligns with variable renewable output. 

Links Genco provided energy structuring and grid compliance services, helping Sangha configure a load profile that complements solar generation while mitigating…

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Pakistan Rolls Out 2 Bold Crypto Exchange Deals

Pakistan is moving to formalize its place in the global digital-asset economy, signing a memorandum of understanding with Binance to explore the tokenization of up to $2 billion in state-owned assets while granting early regulatory clearances to both Binance and HTX. 

Together, the initiatives reflect one of the country’s most ambitious pushes yet to merge sovereign finance with blockchain-based infrastructure.

According to Pakistan’s finance ministry, the MoU with Binance will allow the government to assess tokenising sovereign bonds, treasury bills, and commodity reserves — including oil, gas, and metals — as it seeks new tools to boost liquidity and expand market…

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3 Macro Factors Driving The Bitcoin Drawdown From $120,000 To $90,000

Bitcoin’s (CRYPTO: BTC) months-long range-bound trading, and a 12% pullback that’s keeping it from reclaiming $100,000, has traders digging into what’s driving the weakness.

What Happened: Pseudonymous macro researcher Capital Flows elaborated in a detailed X thread that three key macro forces are behind Bitcoin’s drawdown:

Bitcoin is acting as a risk-asset release valve: BTC remains highly sensitive to shifts in risk appetite. While it typically tracks equities, it has recently diverged because it responds more quickly to changes in macro liquidity and the broader risk curve.

Real interest rates now dominate price action: despite Fed rate cuts, what truly matters is net liquidity…. Read more on Benzinga

Bitcoin Price Forecast Tools And Cycle Valuation Metrics

The Bitcoin Magazine Pro Price Forecast Tools chart provides a comprehensive framework for identifying potential price floors during bear cycles and forecasting upside targets based on on-chain fundamentals and network-derived data points. By aggregating multiple metrics, this methodology has historically called Bitcoin market cycle peaks and bottoms with remarkable accuracy. Can these tools continue to provide a basis for reliable BTC price forecasting over the next 12 months and beyond?

CVDD & Balanced Price: Bitcoin Price Cycle Low Indicators

The Cumulative Value Days Destroyed (CVDD) metric has historically called Bitcoin price cycle lows almost to perfection across…

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