Now guess who else is backing BNB? šø @Richard Teng ā the head of #Binance, whom I had the chance to meet at #CMCVIP in Dubai.
When institutions like VanEck file for a BNB ETF, and leaders like him are at the center of the conversation about the industry's future, it becomes clear: $BNB isnāt just a token ā itās a strategy.
š„ Incredible energy at Binance Blockchain Week! Honored to be recognized in the TOP-100 at the awards ceremony standing among people who are truly pushing the industry forward.
šø Sharing moments from the event the motivation and inspiration here go beyond words. The industry is growing, and we are growing with it š
š Markets are confident: the Fed will cut rates by 25 bps in December (95% probability). The odds of āno changeā sit at just 5%, and all other scenarios are nearly zero. What does this mean for crypto? š š 1. More liquidity ā support for Bitcoin and altcoins A rate cut = cheaper capital. Historically, this boosts inflows into risk assets like $BTC , $ETH , and major altcoins.
š³ 2. Whales position early With expectations this strong, large players typically accumulate before the announcement ā increasing volatility into the event.
š„ 3. A potential market jolt If the Fed delivers the expected cut ā a short-term bullish impulse is likely. If not ā sharp downside volatility due to liquidations.
The crypto market is standing at the edge of a major macro trigger that could set the tone for the rest of the year. š
Over 24 hours, #Bitcoin is down 0.93% (~$90.4K), underperforming the broader market.
Reasons for the decline: 1. ETF Outflows: -$60.5M on Dec 8. Grayscale and Fidelity are taking profits. BlackRock (IBIT) is still holding on (+$Ā 28.7M). 2. Technical Resistance: BTC is failing to break the key 30-day SMA ($92.4K). TheĀ $90.4K level is the current point of control. 3. Macro Risk: Heightened rhetoric from Putin regarding Ukraine has hit all risk assets (S&P 500 is also down).
What's in focus? š“ Bearish Scenario: A break belowĀ $90KĀ opens a path down toĀ $86.4K (November low). š¢ Bullish Scenario: Holding aboveĀ $90KĀ and a retest ofĀ $92.4K could restore positive momentum.
This is a correction after a rally. Not panic, but profit-taking amid geopolitics. Watching today's ETF flows closely.
Spot ETF inflows of $71.4M reversed a weeks-long negative trend.
š Technicals: $BTC broke the descending trend, holding above the 100-hour SMA and the key 61.8% Fib ($87,800). Holding above $91,650 opens a path to $93K. A drop below $90K risks a fall to $87,800.
āļø Derivatives: The $316M liquidation reduced systemic risk. Low funding rates support holding, but a drop below $90K may trigger new liquidations.
šÆ Outlook: BTC shows resilience with improved tech analysis, stable institutional flows, and cleared leverage. However, it's still down 11.4% over 30 days, with the market focused on the Dec 10 FOMC.
š Levels to Watch: Above $93K targets the 200-day SMA (~$109K). Below $90K risks a fall to $86,500.
Michael Saylor's Binance Blockchain Week presentation is coming soon. Subscribe below!
Are Your Keys at Risk? CZ Reveals the #1 Rule for Choosing a Hardware Wallet
Have you ever wondered what truly safeguards your crypto fortune? It's not your password, 2FA, or even your seed phrase. It'sĀ a principle that must never be broken. Binance Co-founder Changpeng Zhao (CZ) recently articulated it with crystal clarity in a discussion:Ā "The private key should never leave the hardware wallet."Ā And this isn't just a suggestionāit's a "non-negotiable criterion" for anyone serious about security. Why is this the "Ironclad" Rule? Hardware wallets (cold wallets) are considered the gold standard because they isolate your keys from the internet. But in CZ's view, this isolation must be absolute. Not a "Nice-to-Have," but the Foundation.Ā Any device that can even theoretically export your private key outside itself (e.g., for a backup on a connected device) creates a critical vulnerability.The Goal is an Impregnable Fortress.Ā True hardware wallets use secure elementsāchips thatĀ physicallyĀ prevent key extraction. All transaction signing happens inside, and only the already-signed transaction leaves the device.Skepticism as a Shield.Ā CZ explicitly urges users to be wary of any wallet that cannot guarantee this principle. Why is CZ Emphasizing This Now? This focus on a fundamental rule is more timely than ever. The Rise of Self-Custody.Ā With the growth of DeFi and Web3, more users are moving assets off exchanges to hold their own keys. And here lies the major pitfall:Ā the vulnerability of backups and recovery phrases.Ā Even with the most secure hardware wallet, if you store your seed phrase in the cloud or on an unprotected device, the entire security model collapses.CZ is a Realist.Ā He is a long-time advocate of self-custody but has always warned that poor key management can be catastrophic. His hardline stance is an attempt to raise the security baseline for the entire industry.Echoing Expert Consensus.Ā This position resonates with the mantra "Not your keys, not your crypto." Leading experts like Andreas Antonopoulos have been saying the same for years: control over your keys is control over your assets, and that control must be maximally secure. What This Means for You: The Practical Takeaway Choosing a hardware wallet isn't just about brand or price. It's an audit against the core principle. The question you must ask before buying any hardware wallet is: "Can this device, in any wayāeven during a firmware update or backup creationātransmit my private key externally to a connected computer or phone?" The correct answer isĀ "No, under no circumstances." The industry is moving towards mass adoption, and security is becoming the cornerstone. CZ's words are a powerful reminder: in the world of crypto, true security begins with the inviolability of your private key. Don't compromise on this. What do you think? Do today's popular hardware wallets communicate this fundamental "key-never-leaves" principle clearly enough to users? Or does the focus often shift to convenience at the expense of maximum security? #Binance #CZ #ChangpengZhao
The End of Altcoins? Why Kevin O'Leary Sees a Future Only for BTC and ETH
If the "altseason" were a party, Kevin O'Leary, the famous investor from Shark Tank, would be turning off the music and flipping on the lights right now. His verdict is harsh:Ā most altcoins aren't just overvaluedāthey are doomed.Ā And the reason lies not in hype or technology, but in boring legal documents from Washington. O'Leary's perspective is that of an institutional investor. He argues that the current regulatory transformation in the US isn't just "bringing order," but is fundamentallyĀ redrawing the map of the crypto market, creating a world convenient for big money. And in this new world, there simply won't be room for thousands of coins. 1. Not Mining, but Laws: How Regulators Are Building the New Market Instead of analyzing charts, O'Leary studies bills. His key thesis: every new rule from the SEC or the Treasury is another step pushing hedge funds, banks, and ETF providers toward two assets:Ā Bitcoin (as digital gold)Ā andĀ Ethereum (as core infrastructure). Why? Because they are: UnderstandableĀ to regulators.HaveĀ maximum liquidity.Are perceived as theĀ least riskyĀ in their class. Everything else represents operational overhead and legal risks that major players are unwilling to take for marginal gains. 2. Two Regulatory Shifts Changing the Game O'Leary highlights two concrete forces already altering the landscape: The Legitimization of Stablecoins.Ā Laws like the "Fit21 Act" turn stablecoins backed by US government bonds into aĀ digital cash equivalent. Why use volatile BTC for settlements when there's a regulated digital dollar? This, according to O'Leary, has already stripped one of the utility niches from the first cryptocurrency and hit altcoins built around payments.The "Clarity Act" (Expected 2025).Ā This is the main gateway. When it opens, institutions will flood into crypto. But they won't diversify widely. O'Leary predicts:Ā 3-5% portfolio allocations will go almost exclusively into BTC and ETH.Ā That's enough to capture the lion's share of the crypto market's effect without dealing with "junk assets." 3. The "Great Purge": Which Altcoin Has a Chance? O'Leary calls the upcoming period a "purge." Only those meeting new criteria will survive: Indisputable Utility:Ā A real product or service the ecosystem cannot do without (e.g., decentralized hosting, oracle networks).Financial Resilience:Ā Funds for expensive compliance, legal support, and marketing under strict oversight.Uniqueness:Ā A solution thatĀ cannot be offered by either BTC or ETH. He offers a killer argument:Ā Over the last 8 weeks, portfolios of only BTC and ETH have consistently outperformed those diversified into altcoins.Ā The trend has already begun. What's Next? The Choice Belongs to the Community O'Leary's forecast is a challenge to the entire altcoin community. If he's right, we are entering an era ofĀ crypto duopoly, where capital and attention concentrate on two titans. If he's wrong, then altcoins will have to prove their necessity not to traders, but toĀ regulators and institutional investment committees. What do you think? Do you agree with this harsh "survival of the fittest" scenario? Does it mean theĀ death of innovationĀ or, conversely, itsĀ maturation, where money flows only into truly groundbreaking projects? Comment below! Which altcoin, in your opinion, has ironclad arguments to survive O'Leary's "great purge," and why? #altcoins $BTC $ETH #BTC #ETH
š³ Whales are buying ā large wallets added 88K BTC since November. Supply tightens, but resistance near 94K may trigger profit-taking.
š¦ Macro still weighs on #BTC ā CPI at 2.9% delays rate-cut expectations. Until policy shifts, upside remains capped.
The photo was taken during a discussion about the importance of tokenized gold and bitcoin.
š Bottom line: Bitcoin is stuck between whale strength and macro hesitation. Key levels: hold 88K to avoid deeper correction, break 94K for bullish continuation.
š„ Will whale conviction overpower macro headwinds?
SEC and Privacy: Are Laws Catching Up to Zcash? A Key Roundtable That Could Change Everything
Hey! So you've been following how regulators are cracking down on privacy coins, right? Well, a major event is on the horizon. It seems the SEC has finally matured enough for a serious conversation, not just lawsuits. Here's what's happening:Ā On December 15th, the SEC is holding a roundtable on financial oversight and privacy.Ā And this isn't just another bureaucratic meeting. It's the first time the agency is so openly bringing in the key builders of crypto privacy. Among the key participants areĀ Zooko Wilcox (founder of Zcash), as well as top figures from Aleo, Spruce, and other projects in zero-knowledge proofs and decentralized identity. Why is this even happening? It seems the SEC has realized that privacy technologies (like zk-SNARKs used by Zcash) are no longer a niche toy, but a foundation for the future of digital assets. Commissioner Esther Pierce (the "crypto mom" herself) stated directly that there's a need to "recalibrate" oversight to avoid stifling freedoms and innovation. It sounds promising, but is it hard to believe? What will be discussed? How these technologies work.Ā Regulators are trying to understand the mechanics, not just ban "dark" coins.Where privacy and oversight intersect.Ā Is it possible to monitor risks without seeing every single transaction? This is the core question.The future of regulation.Ā The industry has a chance to show that privacy and compliance can coexist. As the Grayscale lawyer noted, this is a rare case where the regulator is saying, "Come in, let's talk." Context: The market has already voted. While regulators were thinking, the market gave its answer. In 2025,Ā privacy tokens (ZEC, XMR, etc.) soared by over 237%Ā (Artemis data). This growth was driven by demand for financial autonomy amid tightening global surveillance. The SEC seems to have noticed this trend and understands it can no longer be ignored. What does this mean for us? This is a signal.Ā Privacy technologies are ceasing to be marginal in the eyes of the regulatorāthey are becoming part of the mainstream discussion.Ā The decisions that will begin to be debated on December 15th could determine whether we get a regulated but free crypto market, or if privacy tools will be driven deep underground. The question I'm asking myself and you: Will the SEC be able to find a balance between the security of the financial system and the fundamental right to privacy? Or is this roundtable just a formality before new bans? #SEC #zcash #SECCrypto
Why ETH Could Explode: $6 Trillion On-Chain and an Accumulation Phase
Hey! Have you been following ETH lately? Things are getting really interesting. Recently, two strong signals have emerged that could indicate the start of a major move. Let's break it down point by point ā it's worth it. First Signal ā Massive Money in Motion. According to Token Terminal, in this quarter (Q4), nearlyĀ $6 trillion in stablecoin transfersĀ have been processed through the Ethereum network. That's more than the entire previous quarter, and there's still time left before December ends. This means the network is operating at record volumes ā USDT, USDC, and other stablecoins are flowing like a river through DeFi, exchanges, and bridges. Essentially, Ethereum is already processing more than Visa and Mastercard in their quarterly reports. These aren't just numbers ā it's proof that the blockchain has become the primary settlement system for huge capital flows. Second Signal ā A Classic Accumulation Pattern. Analysts (like Crypto GEMs) point out that aĀ Wyckoff accumulation phaseĀ has formed on ETH's long-term chart. In short: after the 2022ā2023 decline, the price entered an extended consolidation, often interpreted as quiet accumulation by large players before an upward move. Historically, such patterns on ETH's chart have preceded strong bullish waves. What Does This Mean Together? The huge transaction volume showsĀ fundamental demand strengthĀ ā the network isn't idle; it's packed to the brim. Meanwhile, the Wyckoff pattern hints atĀ technical readinessĀ for a rally after a prolonged consolidation. The combination looks compelling. But there are nuances: Any growth will depend on overall market liquidity, macro factors (Fed rates, inflation), and the development of the Ethereum ecosystem (L2, DeFi, institutional adoption). Skeptics believe the current range represents market exhaustion, not accumulation. But if the pattern plays out, analysts' targets look far ahead ā up to $20,000 by 2026. Question for you: Do you think record stablecoin volumes and classic chart patterns are strong enough arguments for a new Ethereum ATH, or is this just noise within a sideways trend? Share your thoughts in the comments $ETH #ETH #Ethereum #stablecoin
Whale Accumulation: Where is Bitcoin Headed on the Tide of Record Demand?
While the Bitcoin price corrects around $90k, one of the largest Bitcoin dramas in history is unfolding behind the scenes. The major players, whom we call "whales" and "sharks," aren't just buyingāthey are purchasing Bitcoin at an unprecedented rate, which, according to analysts, is record-breaking. What does this mean for the market, and is there a reversal signal behind it? Let's figure it out. A Paradigm Shift: From Distribution to Aggressive Accumulation Not long ago, large holders were taking profits. But the sharp drop to $80,000 became a trigger. The whales did a 180-degree turn and started buying up the asset at levels not seen in previous cycles. The key indicator,Ā Glassnode's "Accumulation Trend Score,"Ā which tracks net buying/selling by large holders, is approaching 1. This signals maximum buying pressure. A similar pattern was observed in Julyāand then Bitcoin rose from below $100,000 to a historic peak of $124,500 by August. Numbers That Speak for Themselves 240% of the annual issuanceĀ ā this is the rate at which whales and sharks (holders from 10 to 10,000+ BTC) are currently absorbing new bitcoins. Demand is catastrophically outpacing new supply.-130% annual exchange absorption rateĀ ā this means Bitcoin is leaving trading platforms at a record pace. Investors are massively moving the asset to cold wallets for long-term storage, reducing selling pressure.1.5 times the annual issuanceĀ ā this is how much the purchases by holders with more than 100 BTC exceed.Ā This is the fastest accumulation rate in Bitcoin's history. Who is Behind This Movement? Activity is not only coming from the "giants": Institutional Investors:Ā Traditional financial companies and corporate treasuries are increasing their Bitcoin exposure.Medium-Sized Holders (10-1000 BTC):Ā This cohort has also been aggressively buying over the past weeks, adding depth to the trend. The Contrast: Record Losses for the "Little Guys" While whales are buying up, another part of the market is in pain. After the drop to $80,000, the market recordedĀ $5.78 billion in realized lossesāthe largest spike since the FTX collapse in 2022. The main burden was borne by short-term traders and recent buyers, who realized losses of $3 billion. Interestingly, exchange-traded funds (ETFs) had a minimal impact on selling (about 3%), indicating that the main pressure came from retail investors. What's the Bottom Line? We are seeing a classic redistribution picture:Ā weak hands under pressure are selling off the asset, which is immediately absorbed by strong, long-term confident players.Ā The record accumulation speed by whales amid massive withdrawals from exchanges creates a powerful foundation for potential growth. The Main Question:Ā Will this unprecedented accumulation by "big money" not only stop the correction but also become fuel for a new historic rally in the coming months? $BTC #BTC #bitcoin #Bitcoinā
Investors Vote with Their Dollars: Chainlink ETF Smashes Records Amid Market Downturn
Hey! I get that the market is all red right now and the mood isn't the most cheerful. But while many are sighing, something important happened behind the scenes. I'm talking about Chainlink (LINK). This week saw an event that might be underappreciated: Grayscale launchedĀ GLNKāthe first US exchange-traded product entirely focused on Chainlink. And this isn't just a formality. Instead of a quiet start typical for niche products,Ā GLNK blew expectations out of the water. On just the first day, the fund attractedĀ $41 million, and by the end of the day, its assets grew toĀ $64 million. Analysts like James Seyffart from Bloomberg call these numbers anomalous for a debut, especially considering the overall bearish trend in the crypto market. Why is this important? Let's break it down: Strength Despite Weakness.Ā The new product launched with a record at a time when prices are falling and investors are nervous. This is a powerful signal: demand for structured access to Web3 infrastructure (which Chainlink is) exists, and itĀ is not dependent on the momentary price of Bitcoin or Ethereum. Investors are deliberately buying not just "crypto," but a key technology.Not Your Typical ETF.Ā GLNK trades on NYSE Arca, but it's not a classic stock ETF (under the 40-Act). It's a product that directly holds LINK tokens. That means it offers a more direct exposure to Chainlink's assets, albeit with different risks. Institutions can now easily invest in the "guts" of blockchain ecosystemsāthe oracles and tokenization infrastructure.A Shift in Narrative.Ā The market is beginning to understand that crypto investments aren't just about "digital gold" ($BTC ) or "world computers" ($ETH ). They're also about theĀ infrastructure layersĀ that make all this magic possible. Chainlink, by supplying real-world data to smart contracts, is such a foundation. And now you can bet on that foundation through regulated exchanges.The Domino Effect.Ā Notice a trend? Grayscale's GLNK isn't the only sign. Last month, Bitwise registered its own Chainlink product (CLNK) with the Depository Trust & Clearing Corporation (DTCC), which is preparation for a potential launch. Institutional rails are being laid in several places at once. In a nutshell:Ā The success of GLNK isn't about speculating on the price of LINK. It's a dollar vote for a future where blockchains need reliable external data. It's recognition that value in the crypto space is created not only on the first layer (L1), but also in critical "middleware" layers like oracles. Food for thought:Ā Do you think the success of infrastructure products like GLNK is a temporary cautionary move by investors during uncertainty, or the start of a long-term trend of investing in the "building blocks" of Web3, rather than just the end products? #Chainlink #etf $LINK #Grayscale Ā
Forget the PIN: How Your Stolen Phone Can Empty Your Crypto Wallet
Hey! Imagine this: you lost your phone or it got stolen. You think, "Scary, but not critical. I have a PIN, Face ID, and I didnāt save my MetaMask seed phrase anywhere." It seems like your accounts are safe. Well, not quite. Researchers from Ledger have just proven thatĀ physical access to your Android smartphone = access to all your hot walletsĀ on it. This isnāt about hacking softwareāitās a directĀ hardware-level attack on the phoneās processor itself. What did they do? They took a popular MediaTek chip (found in many mid-range smartphones) and usedĀ electromagnetic pulsesĀ to "break" it at the most fundamental levelāduring boot-up. Itās like not picking the lock but remotely reprogramming it to open on command. The technical gist (in short): A special device directs electromagnetic pulses into the chip.This triggers a glitch in the most protected partāthe boot ROM.Using this glitch, attackers can gainĀ full controlĀ over the processor (the highest privilege level, EL3).Thatās it. After that, they can easily extract private keys from any installed wallet (Trust Wallet, MetaMask, etc.). The whole process takesĀ a few minutes, and the success rate, according to their data, is up to 1%. For an attacker who has your device, thatās more than enough. Why does this matter for you and me? Phones get stolen and lost.Ā This isnāt some mythical internet threatāitās an everyday reality.Hot wallets on phones are at risk.Ā Ledger clearly states that theirĀ hardware wallets (and similar devices) are unaffectedĀ because they have a secure chip designed specifically to counter such attacks.The chipmaker (MediaTek) essentially confirmed:Ā this chip was made for mass-market consumers, not for storing critically important data. Financial operations require specialized protection. The key takeaway from the researchers: A modern smartphone is a convenient "wallet" for daily spending, but not a "safe" for long-term holdings. Keeping significant amounts in hot wallets on your phone after this study is a huge risk. Question for you:Ā How do you distribute your assets between hot and hardware wallets after news like this? Do you trust your smartphone to store significant sums? #Android #Web3 #crypto
Not Just More Gas: Vitalik Buterin on the Next Phase of Ethereum Scaling
Ethereum is on the brink of a new evolutionary phase. Co-founder Vitalik Buterin has just outlined his vision for the future of scaling, and itās not simply about "increasing throughput." This is about a smart, targeted upgrade that could change the game for developers and users. This strategic insight comes at a critical time: Ethereum is recovering from a recent correction, while institutional capital, drawn by real-world asset (RWA) tokenization, is flowing back into the ecosystem. š What Buterin Proposes: "Targeted Growth" Over Uniform Scaling In his post, Vitalik stated he expects "further growth, but moreĀ targeted/less uniformĀ growth" from the network. In practice, this means not just raising the gas limit (which is already planned) but reshaping its economics. The Core Idea:Ā Increase the total gas limit per block (e.g., by 5x), but simultaneously make certain operations that create the heaviest load on the execution layer more expensive. Efficient operations stay cheap; resource-intensive ones become costlier. What Could Become More Expensive? SSTORE operations:Ā Especially when creating new storage slots in a contract.Complex computations:Ā Certain arithmetic opcodes.Calls to "bloated" contracts:Ā With large code size.Some precompilesĀ (excluding essential elliptic curve functions). This incentivizes developers to write optimized smart contracts, making the network as a whole more efficient and spam-resistant. š Context: Why This Matters Now Gas demand is high.Ā The block gas limit has already doubled from 30 million to 60 million in the past year, and the community is discussing further increases.Tokenized assets are the new foundation.Ā Stablecoins and RWAs have become a "value anchor" for Ethereum. Their sustainable growth requires a predictable and efficient network.The market is looking for catalysts.Ā ETH, fueled by macro expectations and whale accumulation (+$22 million during the dip), has rebounded toward key levels. A decisive break above the $3800ā$4200 zone could pave the way to $5000. š” What This Means for the Ecosystem Buterin's approach marks a shift from extensive to intensive scaling. The network won't just get "faster"; it will get "smarter." This could: Stimulate innovationĀ in code optimization.Improve stabilityĀ under high load.Enhance economics for stakersĀ and validators through higher fee revenue, without overburdening nodes. Food for thought: Vitalik proposes making the network more efficient through "differentiated" pricing for operations. Do you think this will accelerate DeFi and RWA development, or could it create unnecessary barriers for new developers? #VitalikButerin $ETH #ETH #Ethereum
Sony is Building a Universal Web3 Payment Ecosystem: What It Means for Crypto and Gamers
Hey everyone! It seems like traditional industry giants are increasingly embracing Web3. I just looked into the latest news about Sony ā and this isn't just another NFT experiment, but a full-scale strategic shift. The company has announced plans to launch its own "tablet" (think: universal) Web3 network with a new internet interface. Sounds abstract? Let's break it down. What`s Happening? Sony Bank (the online bank within Sony Financial Group) is preparing to launch a stablecoin, likely pegged to the US dollar, by 2026. But the key point is that this stablecoin won't exist in a vacuum. It will become the core of a new ecosystem that connects: Purchases on the PlayStation Store (games, subscriptions, content)Digital assets and NFTsPayments between users within the Sony networkPotentially, partner services This payment tool will workĀ alongside familiar methodsĀ (like cards), not as a replacement. Why is Sony Doing This? User Retention: About 30% of Sony Group's revenue already comes from its gaming division. A Web3 network will create a closed-loop economy, keeping users within the Sony ecosystem longer and increasing spending.Entry into New Financial Services: Sony Bank applied for a US banking license in October 2023 and partnered with Bastion (known for its work with a16z) to ensure the stability of its stablecoin. This is a direct move into the US digital payments market.Structural Changes: In September 2023, Sony Financial Group was spun off from Sony Group and listed on the Tokyo Stock Exchange. This gave the bank more freedom for risky long-term projects ā like this one. The Technical Foundation: BlockBloom In early 2023, Sony Bank announced the creation of a Web3 division calledĀ BlockBloom. Its goal is to link digital and physical experiences through NFTs, fiat, and digital currencies. The stablecoin is set to become a key payment instrument within this ecosystem. What`s in it for Users? Imagine this: you buy an in-game item in God of War, earn an NFT achievement for it, then sell it to another player for Sony's stablecoin, and immediately use those funds to pay for a Crunchyroll (Sony's anime service) subscription or a movie ticket for a new Sony Pictures film. All without conversions, hidden fees, or leaving your Sony account. Why This Matters for the Crypto Industry Legitimization: When corporations like Sony enter the space, it changes the stance of regulators and mass consumers.Mass Adoption: Sony has hundreds of millions of active PlayStation users, service subscribers, and device owners. For many, this will be their first experience using cryptocurrency (yes, a stablecoin is crypto too).Focus on Utility: Unlike many "NFT for the sake of it" projects, Sony is building a system with real utility from the start: payments, content, cross-platform functionality. Unanswered Questions Which blockchain will Sony choose?Ā No info yet. Possibly a private fork or a partnership with an existing network.Will the stablecoin be available on external exchanges?Ā Or will it remain an exclusively internal asset?How will regulators react?Ā The US license application is already submitted ā the process is underway. And the Key Discussion Point: Do you think Sony's success in building such an ecosystem will force other tech giants (Microsoft, Apple, Google) to accelerate their own Web3 strategies? Or, on the contrary, if the project fails, will it freeze the industry for several more years? And would you use a stablecoin from Sony if it offered real advantages in games and content? #SonyCrypto #Web3 #Sony
Cardano Takes Off: What's Behind ADA's 14% Surge and Can It Break Through to $0.60?
Hey there! Look, ADA really surprised everyone today ā the coin literally shot upĀ 14%, breaking through theĀ $0.45Ā level and hitting a new weekly high. While the broader market was up just ~7%, Cardano showed double the momentum, making it worth a closer look. Hereās whatās happening under the hood: 1. Technical signals have shifted tone The price didn't just jump ā ADA confidently broke through key resistance atĀ $0.44Ā and is holding above it.Trading volume surged by almost 50%Ā ā to $969 million. This isn't just a speculative spike, but a serious influx of attention.RSI (Relative Strength Index) is around 41Ā ā meaning the coin has left oversold territory but is still far from overbought. There's room to grow. 2. December could heat up Coincidence? I don't think so. Cardano has two major events coming up in the next few days: December 5:Ā Coinbase launches 24/7 trading for ADA.December 8:Ā MidnightĀ launches ā a new privacy-focused blockchain built on Cardano, with its token distribution and listing starting. Plus, the Cardano Foundation has already voted to increase ADA listings on other exchanges. All of this means more catalysts for interest and liquidity. 3. Targets and risks The next major target isĀ $0.55. But to get there, ADA needs to hold above $0.44 and maintain its current momentum. If volume doesn't dry up and the market doesn't tumble again, ADA has every chance to continue rising. Still, competition canāt be ignored: Zcash (ZEC) is breathing down Cardanoās neck in terms of market cap ranking. To keep its spot in the top 10, ADA needs to show strength ā not just in spikes, but in sustainability. Discussion question: What do you think ā is this the start of a real reversal for Cardano, or just a local correction before new lows are tested? And can Decemberās news flow push ADA toward $0.60? $ADA $ZEC #ADA #Cardano #CardanoADA