Business

December, 2025

  • 10 December

    Binance Co-CEO’s WeChat Hacked to Promote Meme Coin, CZ Issues Warning

    In a brazen crypto scam, Binance co-CEO Yi He’s long-dormant WeChat account was compromised on December 9, 2025, and exploited to promote the obscure BNB Chain meme coin Mubarakah (MUBARA). The breach, which occurred just days after Yi He’s elevation to co-CEO alongside Richard Teng, underscores the persistent vulnerabilities in Web2 social platforms amid surging meme coin hype. Hackers accessed …

  • 10 December

    Asset Manager Strive Unleashes $500M Stock Sale to Buy More Bitcoin

    Strive Asset Management, the Nasdaq-listed firm co-founded by Vivek Ramaswamy in 2022, has announced a $500 million at-the-market (ATM) sales agreement for its Variable Rate Series A Perpetual Preferred Stock (SATA). The proceeds will fund general corporate purposes, including acquiring more Bitcoin and related products, alongside working capital, income-generating assets, business acquisitions, and share repurchases. This move positions Strive to …

  • 9 December

    Ethereum Price Prediction: Vitalik’s Bold Move to Tackle High Fees – Game Changer for ETH?

    Ethereum (ETH), the second-largest cryptocurrency by market cap at ~$380 billion, grapples with persistent fee volatility despite 2025’s overall decline—averaging $0.30 per transaction, down from $1 at year-start, yet spiking to $2.60 during peaks. On December 6, co-founder Vitalik Buterin proposed an on-chain gas futures market to hedge unpredictability, building on EIP-1559’s base fee mechanism. This “prediction market for BASEFEE” …

  • 9 December

    XRP Price Prediction: Panic Hits as XRP Drops – Could a Massive Bounce Be Next?

    As of December 9, 2025, XRP has plunged over 6% in the last 24 hours, trading at approximately $2.05 amid a broader crypto market pullback tied to Bitcoin’s dip below $90K and Fed policy jitters. The drop—triggering $50M+ in liquidations—has fueled panic selling, with XRP breaching the $2.10 support after rejection at $2.20 resistance, down from a November peak near …

  • 9 December

    Crypto Exchange HashKey Eyes Hong Kong IPO, Aiming to Raise $215M

    Hong Kong’s premier licensed cryptocurrency exchange, HashKey Group, has kicked off its initial public offering (IPO) on the Hong Kong Stock Exchange, aiming to raise up to HK$1.67 billion ($215 million) in a landmark move for the region’s digital asset sector. Subscriptions opened on December 9, 2025, with 240.6 million shares priced between HK$5.95 and HK$6.95 each—potentially valuing the firm …

  • 9 December

    Crypto Firms Deserve a Fair Shot: OCC Chief Advocates Equal Bank Chartering

    In a bold endorsement of crypto’s integration into traditional finance, Acting Comptroller of the Currency Jonathan V. Gould declared on December 8, 2025, that cryptocurrency firms deserve “equal treatment” when applying for federal bank charters, rejecting any “artificial distinctions” based on their digital asset focus. Speaking at the Blockchain Association’s Policy Summit in Washington, D.C., Gould emphasized the OCC’s commitment …

  • 9 December

    Tether’s USDT Earns Regulatory Recognition in Abu Dhabi Global Market

    In a landmark boost for stablecoins, Tether announced on December 8, 2025, that its flagship USDT has been officially recognized as an “Accepted Fiat-Referenced Token” (AFRT) by the Abu Dhabi Global Market (ADGM), the UAE’s premier international financial center. This approval, granted by the Financial Services Regulatory Authority (FSRA), extends USDT’s regulated status across nine additional blockchains—Aptos, Celo, Cosmos, Kaia, …

  • 9 December

    JPMorgan CEO Shocks: “We Cut Republicans and Democrats” – Debanking Everyone?

    In a heated Fox Business interview on December 8, 2025, JPMorgan Chase CEO Jamie Dimon pushed back against accusations of politically motivated “debanking,” bluntly stating, “We cut Republicans and Democrats” in reference to account closures, but emphasizing these decisions stem solely from risk management and regulatory compliance, not political or religious affiliations. The remark, made amid scrutiny over banks’ handling …

  • 9 December

    AI Claude Predicts XRP, Solana & PEPE Prices by End of 2025 – Here’s What to Expect

    As cryptocurrencies navigate a volatile 2025—with Bitcoin down over 7% year-to-date amid regulatory shifts and macroeconomic pressures—investors are leveraging AI tools like Anthropic’s Claude for speculative forecasts. Recent analyses from CryptoNews, prompted by market recovery signals, reveal Claude’s end-of-2025 price targets for XRP, Solana (SOL), and PEPE. These projections blend technical patterns, adoption trends, and sentiment, but remain hypothetical, as …

  • 9 December

    Asia Market Open: Bitcoin Holds at $90K Amid Fed Uncertainty Impacting Equities

    As Asian markets convened on Tuesday, December 9, 2025, Bitcoin (BTC) demonstrated notable resilience, stabilizing around the $90,000 level despite heightened investor caution ahead of the U.S. Federal Reserve’s policy meeting. While equities grappled with uncertainty over the pace of monetary easing, BTC’s relative poise underscored its evolving role as a potential hedge against traditional market volatility. Bitcoin traded in …