Bitcoin trades around $89,000 after a recent 1.65% gain, amid mixed market signals with Solana (SOL) leading gains at $128.71 (up 3.44%). Ethereum sees record 8.7 million smart contract deployments in Q4, hitting a historical peak.
Key Market Moves
Whales shifted major assets: one withdrew 2,218 ETH, 37.1M SKY, and 4,772 AAVE from exchanges, while another sold 10,002 ETH for $29.38M USDC. Strategy (MicroStrategy) bolstered reserves to $2.19B via stock sales, holding 671,268 BTC steady for potential dips.
Regulatory Updates
SEC ended its appeal against Ripple Labs, easing crypto oversight tensions. JPMorgan froze stablecoin startup accounts over sanctions risks in high-risk regions like Venezuela.
Product Launches
Binance added spot pairs like ADA/USD1 and LUNC/USDC. Coinbase expanded to 24/5 stock trading, perpetual futures, and prediction markets via Kalshi. Robinhood plans TRUMP meme coin listing, with $7.6B market cap hype.
Bitcoin trades around $89,000
