Investors holding 1,000, 5,000, and 10,000 XRP tokens could see massive profit if the XRP price rallies in a scenario where XRP powers the global payroll industry. XRP trades at $2.18 today with a market value of about $131.8 billion.
Market participants have continued to anticipate a scenario where an XRP price spike pushes their holdings to $1 million. XRP has struggled over the past few months.
Binance has secured three new licences in Abu Dhabi, tightening its grip on one of the most ambitious digital asset hubs in the Middle East and giving the exchange a powerful regulatory base as it pushes to keep institutional money on side.
The Financial Services Regulatory Authority of Abu Dhabi Global Market has approved Binance.com to operate through a trio of regulated entities that together cover exchange, clearing and broker dealer activities.
The authorizations were granted during Abu Dhabi Finance Week and apply to Binance’s global platform, not just a regional offshoot, which is a key point for professional traders watching where the exchange can legally serve them.
Major milestone
— Binance (@binance) December 8, 2025#Binance is the first-ever digital assets trading platform to secure a full suite of licenses from FSRA under @ADGlobalMarket.
This marks a breakthrough moment that raises global standards for regulation, security, and trust.
It reflects our commitment to… pic.twitter.com/ItRofJoAOC
Under the new structure, Nest Services Limited, which will be renamed Nest Exchange Limited, has been approved as a recognized investment exchange with permission to run a multilateral trading facility. It will host Binance’s on exchange business, including spot and derivatives markets.
Nest Clearing and Custody Limited has been approved as a recognized clearing house with added custody and securities depository permissions, putting it in charge of clearing, settlement and safekeeping of digital assets.
A third entity, BCI Limited, set to become Nest Trading Limited, holds a broker dealer licence that covers dealing and arranging in investments, asset management, custody arrangements and money services, including over the counter trading and conversion.
Binance has described the package as a comprehensive regulatory framework for Binance.com and a global first for the platform. The company says the approvals give it a cleaner path into multiple markets beyond the UAE and help it present itself as a more predictable counterparty to institutions that have grown wary of loosely regulated venues after a series of blow ups.
Richard Teng, Binance’s co-chief executive and a former senior executive at Abu Dhabi Global Market, said in a statement that working under the authority’s regime reflects a commitment to compliance, transparency and user protection.
He argued that the licence brings regulatory clarity and legitimacy and allows Binance to support its global operations from Abu Dhabi while keeping a distributed operating model that taps talent around the world.
For Abu Dhabi, the deal fits neatly into a broader push to turn its oil wealth and sovereign funds into long term exposure to digital assets and financial technology. The emirate, which sits on roughly $2 trillion in sovereign wealth, has been steadily increasing its footprint in crypto.
The Abu Dhabi Investment Council, an independently run arm of Mubadala Investment, more than tripled its holding in BlackRock’s iShares Bitcoin Trust during the third quarter, taking the position to almost 8m shares as of Sept. 30, worth about $518m at the time.
Binance also has direct financial ties to the city. In March, the exchange secured a $2b investment from AI-focused investor MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, one of the most influential figures in the emirate’s financial and security establishment.
That backing and the new licences deepen the sense that Abu Dhabi sees Binance as a core piece of its digital finance strategy.
The exchange has not yet named a global headquarters, but Teng has previously called the UAE an attractive option. With Abu Dhabi Global Market now authorised to host Binance.com’s regulated activities from January 5, 2026, the city will remain high on the list of possible long term bases, especially as more institutional clients demand clear regulatory anchors.
The approvals come after a difficult period for Binance on the enforcement front. Founder Changpeng Zhao stepped down as chief executive in 2023 after pleading guilty to breaking US anti money laundering laws.
The company agreed to pay more than $4.3b to settle a years long US investigation. Zhao was pardoned by President Donald Trump in October this year, removing a major legal cloud for the former CEO, but regulators and counterparties still expect Binance to prove that it can operate with tighter controls.
Binance says it now has more than 300m registered users and over $125 trillion in cumulative trading volume. It argues that operating under Abu Dhabi’s rules will give both retail and institutional users stronger comfort on oversight and consumer protection as it pushes toward its long stated goal of serving 1b people.
The leadership team is shifting as the regulatory architecture firms up. Last week, Teng named Binance co founder Yi He as the company’s new co-chief executive.
He described her as a driving force since the exchange’s launch, and credited her with shaping its culture, vision and user focused approach. Her formal elevation signals that Binance wants to present a more structured leadership bench as it leans further into regulated markets.
The post Binance Gains Multiple Regulatory Approvals In Abu Dhabi, Deepening UAE Presence appeared first on Cryptonews.
10x Research says Bitcoin may look calm on the surface, but the derivatives market is flashing signs of brewing volatility. In its latest weekly report, the firm notes that options traders are buying volatility, downside skew has returned, funding rates have softened, and futures open interest is diverging, all while spot ETFs continue to see net outflows. Despite bullish macro hopes around U.S. liquidity, 10x warns that market structure remains unsupportive, suggesting traders should brace for unexpected moves in the coming 1–2 weeks. Currently, Bitcoin is trading above $91,200, 1.8% up in the last 24 hours.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
The post [LIVE] Crypto News Today: Latest Updates for Dec. 08, 2025 – Market on Edge: 10x Research Warns Bitcoin’s Range Is About to Snap appeared first on Cryptonews.
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $138 zone.
Solana price remained stable and started a decent recovery wave from $128, like Bitcoin and Ethereum. SOL was able to climb above the $130 level.
There was a move above the 23.6% Fib retracement level of the downward move from the $147 swing high to the $128 low. Besides, there was a break above a key bearish trend line with resistance at $132 on the hourly chart of the SOL/USD pair.
Solana is now trading below $138 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $137 level, the 100-hourly simple moving average, and the 50% Fib retracement level of the downward move from the $147 swing high to the $128 low.
The next major resistance is near the $140 level. The main resistance could be $142. A successful close above the $142 resistance zone could set the pace for another steady increase. The next key resistance is $150. Any more gains might send the price toward the $155 level.
If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $132 zone. The first major support is near the $130 level.
A break below the $130 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term.
Technical Indicators
Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.
Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.
Major Support Levels – $132 and $130.
Major Resistance Levels – $138 and $140.
Decentralized messengers shift security beyond encryption by reducing metadata, limiting data requests and preparing for post-quantum threats.
ZKsync says the first Ethereum zero-knowledge rollup blockchain will have an “orderly sunset” next year, as it has served its purpose.
Bitcoin is holding a critical Fibonacci support level, but analysts warned that a break could trigger losses down to April lows of $76,000.
The digital bank now offers BTC, ETH, SOL and more via a secure app integration with US fintech firm Alpaca.
The Trump administration’s newly released 2025 National Security Strategy (NSS) failed to mention digital assets and blockchain tech. The 33-page-long document focuses instead on AI, biotech, and quantum computing.
Released Friday, the NSS is a key policy document framed by the White House. The policy papers lay out how the President views global threats and opportunities.
The pro-crypto administration has so far taken significant steps for the industry, including establishing the President’s Working Group on Digital Asset Markets, signing the GENIUS Act for stablecoin regulation and dropping several enforcement actions against crypto firms.
However, skipping any mention of Bitcoin in global economic policy discussions suggests that digital assets remain outside core security planning.
“We want to ensure that U.S. technology and U.S. standards — particularly in AI, biotech, and quantum computing — drive the world forward,” the national security strategy statement read.
Besides, Trump, who campaigned on becoming the “crypto president”, established a strategic national Bitcoin reserve. However, he later said that the stash will be funded with seized Bitcoin and not fresh BTC purchases.
Donald Trump’s National Security Strategy puts his family’s and friends’ business interests with our adversaries, like Russia and China, over promises to our allies.
— Senator Mark Kelly (@SenMarkKelly) December 6, 2025
If implemented, this plan would weaken U.S. influence across the globe and undermine our national security.…
The President has previously made strong on-record commitments, framing digital assets as part of the US’ national strategic issue.
For instance, at the Bitcoin Conference in Nashville in 2024, Trump stressed that the future of crypto and the future of Bitcoin “will be made in the USA, not driven overseas.”
Further, in several policy rollouts, Trump positioned global competitors as potential beneficiaries if the US fails to adopt crypto-friendly policies.
The strategy has only mentioned “digital finance” in non-crypto terms, pointing to international economic systems and payment rails, failing to address decentralized networks.
The impact of the White House’s latest document was reflected in the price of Bitcoin, plunging below $88,000 over the weekend.
However, the world’s largest crypto has risen 1.96% in the past 24 hours to $91,429, per CoinMarketCap data. A close above $91,600 could target $93K, while failure risks a pullback to $89.5K support. Bitcoin is trading at $91,143 at press time.
The post Trump’s New National Security Blueprint Overlooks Bitcoin’s Potential – AI, Quantum Gets Mentioned appeared first on Cryptonews.
Coinbase's re-entry into India could intensify competition among global exchanges, potentially accelerating crypto adoption in the region.
The post Coinbase resumes user registrations in India, plans fiat on-ramp by 2026 appeared first on Crypto Briefing.
Binance's ADGM authorization strengthens its global regulatory compliance, enhancing trust and expanding its influence in digital finance.
The post Binance secures full ADGM authorization for exchange, custody, and broker-dealer services appeared first on Crypto Briefing.
XRP price started a recovery wave above $2.050. The price is now showing positive signs but might struggle to clear the $2.10 resistance.
XRP price remained supported above $2.00 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $2.020 and $2.050 to enter a positive zone.
There was a clear move above the 23.6% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low. However, the price is now facing resistance near $2.10. There is also a connecting bearish trend line forming with resistance at $2.090 on the hourly chart of the XRP/USD pair.
The price is now trading above $2.060 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.10 level and the trend line. The first major resistance is near the $2.1250 level.
A close above $2.1250 could send the price to $2.160 and the 76.4% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low. The next hurdle sits at $2.220. A clear move above the $2.220 resistance might send the price toward the $2.280 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.450.
If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.050 level. The next major support is near the $2.00 level.
If there is a downside break and a close below the $2.00 level, the price might continue to decline toward $1.9650. The next major support sits near the $1.920 zone, below which the price could continue lower toward $1.850.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $2.020 and $2.00.
Major Resistance Levels – $2.10 and $2.160.
Crypto assets traded higher on Monday while Asia’s stock markets inched up, as traders stepped into a week dominated by the US Federal Reserve and a packed central bank calendar.
The mood stayed cautious, but risk assets, from crypto to equities, held their ground as investors lined up behind the prospect of fresh policy easing.
Bitcoin rose about 1.9%, keeping prices close to the $90,000 mark and extending a steady grind higher that has drawn support from rate-cut bets.
For crypto traders, the Fed meeting now looks less like a routine calendar event and more like a possible trigger for the next leg of the cycle.
Akshat Siddhant, lead quant analyst at Mudrex, said that if the Fed proceeds with a rate cut this week, a “Santa rally” becomes increasingly likely, pushing BTC toward the $100,000 mark.
He pointed to around $87,500 as an important support area, a level that still leaves the broader structure for Bitcoin looking constructive even if there is short-term volatility.
BIG WEEK INCOMING FOR CRYPTO
— ᴛʀᴀᴄᴇʀ (@DeFiTracer) December 7, 2025
MONDAY:
– FOMC MEETING
– POSSIBLE QE START
TUESDAY:
– INFLATION DATA RELEASE
WEDNESDAY:
– FOMC MEETING AND RATE CUTS
FRIDAY:
– DEF BALANCE SHEET
– POWELL RESIGNS
MEGA BULLISH WEEK FOR CRYPTO IS COMING! pic.twitter.com/F4XuZiWPcp
Across Asia’s equity markets, stocks nudged higher as trading got under way. Japan’s Nikkei slipped about 0.3% after a modest 0.5% gain last week, while South Korea’s Kospi eased 0.3% after jumping 4.4% last week on confirmation of lower US tariffs on its exports.
MSCI’s broad index of Asia-Pacific shares outside Japan dipped roughly 0.1% in relatively quiet dealings.
Mainland Chinese shares were set to take their cues from November trade figures, with investors watching how exports hold up against tariff headwinds. The data will feed into positioning on Chinese assets into year-end and help shape how much regional support Asian equities can offer to global risk sentiment.
US futures provided little directional push at the start of the week. S&P 500 and Nasdaq contracts traded close to flat as investors balanced the coming Fed decision with a fresh round of corporate results.
Earnings from Oracle and Broadcom will give another read on demand for AI-linked infrastructure and chips, while Costco’s numbers will offer a window into consumer spending.
Pricing in interest-rate markets shows how firmly investors lean toward an easing. Futures imply roughly an 85% chance of a quarter-point cut in the current 3.75% to 4% federal funds target range, so a hold would amount to a shock.
Yet the decision may not be straightforward inside the Federal Open Market Committee. Some policymakers have spoken openly against cutting too early, and the Fed has not seen three or more dissents at a single meeting since 2019, something that has occurred only nine times since 1990.
Market prices are more cautious, attaching about a 24% probability to a January move and not fully factoring in another easing until July. For Bitcoin and other digital assets, that path matters because it shapes the dollar, liquidity and the appeal of hard-cap assets.
US politics also hangs over the debate. Some investors worry that President Donald Trump’s repeated attacks on Fed independence could help push rates too low over time, setting the stage for a later inflation problem.
That kind of backdrop often feeds into the narrative that Bitcoin can act as a hedge against long-term currency debasement, even if day-to-day trading still reacts to standard macro data and funding conditions.
The Fed is not the only game in town. Central banks in Canada, Switzerland and Australia also meet this week and are widely expected to hold policy steady. The Swiss National Bank may see reasons to offset a strong franc, but with its policy rate already at 0%, officials remain wary of returning to negative territory.
The post Asia Market Open: Crypto and Asian Equities Make Quiet Gains as Fed-Focused Week Kicks Off appeared first on Cryptonews.
Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150.
Ethereum price managed to stay above $2,920 and started a fresh increase, like Bitcoin. ETH price gained strength for a move above the $3,000 and $3,020 resistance levels.
Recently, the price saw a downside correction from the $3,240 zone. There was a drop below the 50% Fib retracement level of the upward wave from the $2,718 swing low to the $3,240 low. However, the bulls remained active near the $2,920 zone.
Ethereum price is now trading above $3,050 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $3,140 level. There is also a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH/USD.
The next key resistance is near the $3,200 level. The first major resistance is near the $3,250 level. A clear move above the $3,250 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.
If Ethereum fails to clear the $3,140 resistance, it could start a fresh decline. Initial support on the downside is near the $3,050 level. The first major support sits near the $3,000 zone.
A clear move below the $3,000 support might push the price toward the $2,950 support. Any more losses might send the price toward the $2,920 region and the 61.8% Fib retracement level of the upward wave from the $2,718 swing low to the $3,240 low. The next key support sits at $2,840 and $2,820.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $3,050
Major Resistance Level – $3,140
Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650.
Bitcoin price managed to stay above the $90,500 zone and started a fresh increase. BTC gained strength for a move above the $91,500 and $92,500 levels.
There was a clear move above the $93,000 resistance. A high was formed at $94,050 and the price recently corrected some gains. There was a drop below the 50% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high.
However, the bulls were active near the $87,800 support and the 61.8% Fib retracement level of the upward move from the $83,871 swing low to the $94,050 high. The price is again rising above $90,000.
There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $91,000 and the 100 hourly Simple moving average.
If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $91,650 level. The first key resistance is near the $92,000 level. The next resistance could be $93,000. A close above the $93,000 resistance might send the price further higher. In the stated case, the price could rise and test the $95,000 resistance. Any more gains might send the price toward the $95,500 level. The next barrier for the bulls could be $96,200 and $96,450.
If Bitcoin fails to rise above the $91,650 resistance zone, it could start another decline. Immediate support is near the $90,000 level. The first major support is near the $89,500 level.
The next support is now near the $87,800 zone. Any more losses might send the price toward the $87,250 support in the near term. The main support sits at $86,500, below which BTC might accelerate lower in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $90,000, followed by $89,500.
Major Resistance Levels – $91,650 and $92,000.
It was only last month when Jack Mallers, CEO of Bitcoin payments company Strike, accused JPMorgan of closing his personal accounts without explanation.
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