Day: December 3, 2025

Australian Bitcoin Industry Body Files Complaint Over ABC Bitcoin Article

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The Australian Bitcoin Industry Body (ABIB), a crypto industry group, says it has filed a formal complaint against the Australian Broadcasting Corporation, to correct a recent article contained several misrepresentations and factual errors about Bitcoin.  In its complaint, ABIB claimed that the article painted Bitcoin (BTC) as volatile, a tool for criminals, and ignored the benefits of Bitcoin for energy grids and humanitarian purposes.  “The article misrepresented Bitcoin’s purpose, conflated it with criminal activity, omitted long-standing publicly available information, and relied on sensational language rather than evidence to inform readers,”…

Trump Hints Who He’s Looking To Replace Fed Chair Jerome Powell

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Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald Trump appeared to hint at who he has in mind during a White House event.  Speaking at the White House on Tuesday, Trump introduced guests, welcoming Hassett as a “potential Fed chair.”  “It’s a great group, and I guess a potential Fed chair is here too,” he said. “I don’t know, are we allowed to say that, potential? He’s a respected person, that I can tell you. Thank you, Kevin.”…

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The December Bitcoin Roadmap: The Signals You Can’t Ignore

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Bitcoin has opened December 2025 on the back foot, and market structure around the new monthly candle is already drawing close scrutiny from traders. How Will Bitcoin Perform In December? Sharing a year-to-date chart on X, trader Daan Crypto Trades highlighted a recurring pattern in 2025: Bitcoin often sets its monthly extreme early. “We know by now that the first move does often create the monthly high or low within the first ~12 days,” he wrote. “This happens about 80% of the months.” His chart marks how February’s low, March’s…

Kevin O’Leary Tips Fed Not To Cut Rates In December

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American entrepreneur and investor Kevin O’Leary has pushed back against speculation that the US Federal Reserve will cut interest rates in December — a move that typically signals a favorable outlook for crypto.  However, O’Leary doesn’t anticipate a Fed rate hold negatively impacting Bitcoin’s (BTC) price. “I don’t actually think the Fed’s gonna cut in December,” O’Leary, also known as “Mr Wonderful,” told Cointelegraph during an interview on Tuesday, emphasizing that it’s not “gonna make a difference to Bitcoin.” Mr. Wonderful doesn’t tip Bitcoin to move more than 5% “I’m…

Rate Cut Potential in December🚀Crypto Market Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Stocks rallied on Monday as investors digested fresh comments from top Fed officials and AI companies rebounded from last week. The rally came after two top Fed officials voiced support for an interest rate cut at the central bank’s next rate-setting meetings, slated for Dec. 9 and 10. ~This episode is sponsored by Uphold~ Uphold Debit Card ➜ 00:00 Intro 00:10 Sponsor: Uphold 00:50 Signs of life 01:30 CNBC: Fed December rate cut odds 03:15 Fed rate cut odds back up 04:00…

Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates

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Ethereum has fallen below the $2,800 mark after a sharp and sudden decline, deepening panic across the market and reinforcing the sense that bulls have lost control. The recent drop has pushed investors into defensive mode, with some analysts now openly discussing the possibility of a broader bear market emerging. Selling pressure has intensified across spot and derivatives markets, and volatility continues to rise as traders struggle to identify a reliable support zone. Related Reading A new CryptoQuant report by Darkfost highlights one of the most alarming developments: Ethereum’s open…