Day: December 12, 2025

Bitcoin bulls cheer Pi hackathon as Blind_Lounge wins 75,000 PI

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Pi Network’s first Open Network hackathon crowned Blind_Lounge and other utility-focused Mainnet apps, highlighting growth but with clear risk disclaimers for users. Summary Pi Network’s Core Team picked Blind_Lounge as the top Mainnet app, with Starmax and RUN FOR PI taking second and third in a 215-submission hackathon.​ Honorable mentions like Kindrek, Workflet For Pi, PallyPay, SimpleJoy, and Agora Pulse show a push toward payments, work tools, and social use cases.​ The Core Team stressed these are independent projects, warning users to expect bugs and use all third-party Pi apps…

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Pakistan Advances Crypto Licensing For Binance And HTX

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Pakistan’s authorities are moving to regulate major global cryptocurrency exchanges, issuing preliminary clearances to platforms including Binance to set up shop in the country. The Pakistan Virtual Assets Regulatory Authority (PVARA) has granted no objection certificates (NOCs) to Binance and HTX, paving the way for the exchanges to register locally and pursue full licensing, the regulator announced on X on Friday. The NOCs aim to ensure Pakistan’s phased approach to regulating crypto asset service providers aligns with the Anti-Money Laundering (AML) policies of the Financial Action Task Force (FATF), PVARA…

Ethereum Price Rallied 260% the Last Time ETH Was This Low

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Ether (ETH) traded close to a level that has previously marked market bottoms, as classic chart patterns suggested a possible rally to $5,000.  Key takeaways: Ether price traded closer to its realized price, historically a buying opportunity that has led to major rallies. V-shaped recovery and falling wedge patterns emerge, targeting $5,000 ETH price.  Ether price poised for parabolic rally The ETH/USD pair dropped 45% to multimonth lows of $2,621 on Nov. 21 from a high of $4,758 reached on Oct. 7. This drawdown saw the price drop close to…

Crypto Cruising on Tailwinds Into 2026: LONGITUDE

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Institutional investment and clear-cut regulations are laying the foundation for a strong start to 2026 for the wider cryptocurrency industry.  Industry players including Anthony Scaramucci, Kristin Smith, Eli Ben-Sasson, Ian Rodgers, Reeve Collins and Joseph Chalom delivered optimistic outlooks for the new year after a year of positive change, particularly in the United States. Cointelegraph’s latest LONGITUDE event featured panels focused on Solana’s growth, surging interest in privacy protocols and lessons learned from security incidents in 2025. From left, Solana Policy Institute president Kristin Smith, Cointelegraph journalist Ciaran Lyons and…

Pyth Network Debuts PYTH Reserve for Monthly Purchases

Key Notes Pyth Network has launched the PYTH Reserve. The goal is to turn protocol revenue into steady monthly token purchases. PYTH is up 3.5% as data points to a possible surge to the $0.12-$0.18 range. Pyth Network PYTH $0.0668 24h volatility: 3.2% Market cap: $384.44 M Vol. 24h: $25.96 M has announced the launch of the PYTH Reserve, a system that uses protocol income into monthly open-market purchases of the PYTH token. The announcement has resulted in a 4% spike in the token’s price, currently around $0.06698. Launched in…

BTCC Exchange Wins Best Centralized Exchange (Community Choice) at BeInCrypto 100 Awards 2025

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December 12th, 2025 – Vilnius, Lithuania BTCC, the world’s longest-serving cryptocurrency exchange, has been named Best Centralized Exchange in the Community Choice category at The BeInCrypto 100 Awards 2025. The award was announced during a live virtual ceremony on December 10, 2025. The BeInCrypto 100 Awards is an annual event celebrating the leaders, products, and initiatives shaping the future of Web3, organized by BeInCrypto, a reputable independent news and media platform, in partnership with Binance Square. In the “Best Centralized Exchanges” category, BTCC received the highest number of votes from…

UK MPs Warn BoE Rules May Push Innovation Offshore

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A cross-party group of members of the House of Commons and the House of Lords in the United Kingdom, including former Defense Secretary Sir Gavin Williamson, shadow Science and Tech (AI) Minister Viscount Camrose and the former Prime Minister Rishi Sunak’s chief whip, Lord Hart, have urged Chancellor Rachel Reeves to intervene over the Bank of England’s proposed regime for systemic stablecoins. In a joint open letter to the Chancellor on Thursday, they warned that the Bank of England’s proposals for regulating stablecoins could drive innovation and capital offshore. Stablecoins…

Ripple Breaks Into Europe’s Banking Sector With AMINA Team-up

Key Notes AMINA Bank, a fully regulated Swiss crypto bank, has teamed up with Ripple. The banking institution has plugged Ripple Payments into its core operations. Ripple also finalized the acquisition of Rail earlier today. AMINA Bank, a regulated Swiss institution known for leaning into crypto long before it was a trend, is now officially going live with Ripple Payments. It is now the first European bank to plug Ripple’s XRP $2.04 24h volatility: 1.8% Market cap: $123.29 B Vol. 24h: $2.89 B payment stack directly into its core operations.…

Bitcoin Decouples From Stocks in Second Half of 2025

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The US Federal Reserve announced its third interest rate cut of the year on Wednesday, lifting US equities while Bitcoin (BTC) slipped before bouncing back. That dynamic has defined the second half of 2025. Even as capital flows into Bitcoin are increasingly tied to traditional equity investors, the cryptocurrency has continued to diverge from the stock market. Over the past six months, Bitcoin has fallen almost 18%. Meanwhile, the three major US stock indexes posted strong and consistent gains, with the Nasdaq Composite up 21%, the S&P 500 rising 14.35%…