Cryptonews

Now, the 4-hour LTC/USDT chart-a favorite among the coffee-stained screens of traders-shows Litecoin kissing that $80 support line like it’s an old friend. This ain’t the first rodeo for that level; it’s held firm all year, like a trusty fence post. Some traders are squinting at their screens, seeing this as a sign of greener pastures ahead, maybe even a sprint back to $100. But let’s not get ahead of ourselves-this dance depends on the market’s mood and whether the buyers stick around. 🤠

Ah, 2025, that fickle muse of the market, has finally allowed these altcoins to step into the spotlight, albeit with the faintest flicker of hope. Even as the Altcoin Season Index wanes like a dying fire, a few brave souls dare to dance to their own rhythm, unchained from Bitcoin’s gravitational pull.

Ladies and gentlemen, gather around because your trusted committees are hard at work-but apparently at a standstill. The market structure bill has landed in Senate’s lap. Lawmakers, in their infinite wisdom, are at odds over a few apparently finicky elements. While drafts are practically ready for the red pen treatment, the controversial bits are still up in the air.

Interest is dropping faster than my New Year’s resolutions, and ETF flows are reversing like a bad breakup. So, is this a correction or the start of a bear market? Who knows? Probably neither. It’s just crypto being crypto. 🌪️

In a December 5 post that could double as a reality TV script, PlanD claims Bitcoin is trapped in a “decision zone” between $85,400 and $93,000. Translation: it’s stuck in the emotional equivalent of a rom-com montage, waiting for a plot twist. If BTC can muster the courage to break through $93,000, it’ll be eyeing $100,000 like a six-figure dream. But if it stumbles below $85,300? Prepare for a 19% freefall that would make even the most stoic investor cry into their coffee. 😭

Their own bespoke global M2 money supply index shows a recovery so confident, it’s practically winking at us through the economic fog, suggesting that a softer dollar could turn the market’s frown upside down by late 2025. Coincidence? Or the universe’s way of reminding us that hope, like crypto, is often irrational but irresistibly charming?

Traders, those brave souls who bet their fortunes on digital graphs, found themselves adrift in confusion, for no calamity heralded this plunge-nay, not even the nefarious WhatsApp rumors of a Keynesian uprising. Silver, that shimmering paragon of serenity, and the S&P 500, that bullish bard of Wall Street, ascended triumphantly, while Bitcoin-poor Bitcoin-dipped its nose like a humble thimble in a brewing storm.

Key Takeaways

But worry not, for the Core Team has been busy, busy bees. Oh, how they’ve toiled and tinkered with improvements aplenty, culminating in a pièce de résistance announced just last Friday.

On the 4th of December, Ondo Finance Inc., with all the subtlety of a marching band in a library, submitted a letter to the SEC’s Crypto Task Force. The letter, written in the style of a desperate inventor begging for a patent, outlines a “roadmap” to speed up tokenized securities. The firm claims the U.S. is lagging behind global markets, as if the entire nation is trapped in a bureaucratic time warp. 🕰️