Crypto News

PANews reported on December 10 that, according to BitcoinTreasuries.NET, the National Pension Service of South Korea (NPS) has increased its stake in Bitcoin treasury company Strategy (MSTR) to $93 million.

The post Supply chain diversification away from China is progressing from talks to action, EU chamber says appeared on BitcoinEthereumNews.com. Unmanned trucks transport containers at Dapukou Container Terminal in Zhoushan Port, Ningbo, Zhejiang, China, on December 9, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Supply chain diversification away from China is about to move from just talk to action. That’s what Jens Eskelund, president, European Union Chamber of Commerce in China, told reporters on Tuesday ahead of the launch of a report on supply chain risks, and as businesses look ahead to the new year after a tumultuous 2025. “Dependencies are being discussed in much more detail than they were before … Are we even sure Europe can manufacture toothpaste without ingredients sourced in China?” Eskelund said. Reflecting continued global demand, China’s trade surplus for the year through November reached a record $1 trillion, according to official figures released Monday. That means the country exported far more than it imported, despite U.S. tariffs. “The higher that production goes up, the higher the risk that countries will begin to react,” Eskelund said. He pointed out China faced a record high of 198 World Trade Organization trade investigations last year, well over half of which were from developing countries. Other figures cited by the EU Chamber in its report Wednesday showed that China’s share in containers shipped globally was creeping up — at 37% for the first three quarters of this year, up from 36% at the end of 2024 and 31.7% before the pandemic in 2019. A weak Chinese currency and domestic overproduction contributed to that growth, the chamber said. It recommended members “eliminate single-source dependencies” on the U.S. and China, and called on EU policymakers to “accelerate plans to identify and eliminate critical dependencies.” Investors have heard this conversation before. During Covid-19, businesses started to realize how reliant they were on products and parts from China, when stringent…

The post Avalanche, Crypto Associations Held Key Meeting with US SEC Crypto Task Force appeared on BitcoinEthereumNews.com. Avalanche developer Ava Labs, Blockchain Association, and The Digital Chamber met with the U.S. Securities and Exchange Commission (SEC). The meeting primarily focused on addressing regulatory oversight of crypto assets, especially protocol tokens, by the US SEC and the Commodity Futures Trading Commission (CFTC). US SEC Crypto Task Force Meets with Industry Leaders According to a memo by the US SEC Crypto Task Force, its staff met with representatives from Blockchain Association, Avalanche firm Ava Labs, Sidley Austin LLP, and The Digital Chamber. The meeting addressed major regulatory challenges and potential pathways for harmonizing crypto oversight. It aligns with the recent SEC-CFTC joint statements and the President’s Working Group (PWG) report on strengthening digital financial technology in the United States. Ava Labs, which develops the Avalanche blockchain, and Sidley Austin suggested a two-part regulatory approach for protocol tokens. The SEC would handle the first sale of tokens before they are functional, treating them as investment contracts. The CFTC would oversee tokens that are already working in live systems, treating them as commodities. This proposed framework, described in recent submissions to regulators, aims to clarify rules without needing new laws or categories. The goal is to bring crypto trading to the U.S. and encourage responsible innovation, which is a main focus of the Crypto Market Structure bill. Ava Labs, Blockchain Association, and The Digital Chamber stressed the need for regulatory clarity on protocol tokens, consistent disclosure, and responsible innovation while protecting investors. Avalanche Price Rockets Almost 8% Avalanche price has jumped nearly 8% in the past 24 hours, currently trading at $14.58. The 24-hour low and high are $13.53 and $14.71, respectively. Furthermore, trading volume has increased by 48% in the last 24 hours, indicating a rise in interest among traders. As CoinGape reported, Avalanche is now part of the Bitwise…

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The UAE was Oman’s largest trading partner in the first nine months of 2025 with bilateral commerce rising 9 percent year on year to $10.4 billion, despite an overall drop in Oman’s international trade. The two countries mainly exchanged electrical materials, machinery, food, minerals and chemicals between January and September, according to Oman’s National Center for Statistical […]

BitcoinWorld Unlock New Opportunities: Binance Lists WET Perpetual Futures with 20x Leverage Binance, the world’s leading cryptocurrency exchange, just made a significant move that has traders buzzing. The platform announced it will list WET perpetual futures, opening new avenues for market participation. This contract, paired against USDT, goes live on December 10th at 7:00 a.m. UTC and supports leverage of up to 20x. For anyone involved in […] This post Unlock New Opportunities: Binance Lists WET Perpetual Futures with 20x Leverage first appeared on BitcoinWorld.

The Office of the Comptroller of the Currency has effectively told national banks they can let customers buy and sell […] The post U.S. Banks Get Green Light to Offer Safe, Risk-Free Crypto Transactions appeared first on Coindoo.

The post Binance CEO’s WeChat Hacked to Promote MUBARA Memecoin appeared on BitcoinEthereumNews.com. Binance founder Changpeng Zhao said the WeChat account of newly appointed co-CEO Yi He was hacked late Tuesday and used to promote a little-known memecoin, turning the breach into a pump-and-dump scheme that briefly sent the asset surging on some decentralized exchanges. Zhao said the attackers used the compromised account to circulate memecoin endorsements and urged users to ignore the messages. “Web2 social media security is not that strong. Stay safu!” he wrote on X. “Do not buy meme coins from the hackers posts.” Loading… Yi He said she no longer uses WeChat and that the phone number tied to the account was taken over, preventing her from regaining access. The hack comes less than a week after Binance elevated Yi He to co-CEO during the firm’s Blockchain Week event. On-chain data shows the hack quickly shifted from a social-engineering breach to a trading exploit. Analytics account Lookonchain identified two newly created wallets that accumulated roughly 21.16 million MUBARA tokens — a little-known memecoin on decentralized exchanges — by spending 19,479 USDT across PancakeSwap and related routes. As the fake endorsement spread through WeChat channels, trading volume and price spiked sharply on Dexscreener charts. The wallets then began offloading the position as fresh liquidity arrived. According to Lookonchain, the attacker has already sold 11.95 million MUBARA for 43,520 USDT and still holds another 9.21 million tokens worth roughly $31,000, leaving profits near $55,000 with remaining inventory yet to be sold. The sequence reflects a familiar exploit pattern of buying early, triggering retail demand through a compromised high-profile account, and sell into the surge. Late traders — reacting to what appeared to be an endorsement from a top Binance executive — were left exposed as the price reversed almost immediately once the selling began. Binance has not issued a separate comment…

The post Bitcoin Pull Back as Fed Expected to Cut Rates 25 bps appeared on BitcoinEthereumNews.com. Bitcoin briefly traded above $94,000 on Tuesday before slipping back toward $92,500 in Asian morning hours Wednesday, a swing that revived bullish positioning but left the market exposed ahead of one of the most consequential Federal Reserve decisions of the year. The move came as Asian equities traded mixed, with investors waiting for clarity on the Fed’s policy path and the tone of Chair Jerome Powell’s final press conference of 2025. Altcoins were mixed. Ether rose 7% in the past 24 hours to trade around $3,320, extending its weekly gain to nearly 10%. Solana added over 5%, while dogecoin advanced 5%. Cardano outperformed with an 8.5% jump on the day and nearly 6% in the week. All tokens pulled back 1-2% in Asian morning hours as traders likely took profits on the move overnight. XRP added a smaller 2% over 24 hours and remains down 4% on the week, while BNB, USDC and TRX traded flat. Market depth in smaller tokens remained thin, echoing the uneven liquidity that has characterized December trading so far. Bitcoin’s rebound was helped by a surge in social sentiment. Blockchain analytics firm Santiment said the level sparked a wave of retail optimism, noting that “traders FOMO back in and expect higher prices” as calls for “higher But sentiment cooled quickly. BTC slipped back under $93,000 in late Asian trading, prompting renewed debate over whether the move was technically meaningful or simply another stop-hunt inside the broader $86,000–$94,000 range. Some analysts argued the volatility spike may actually mark exhaustion. CF Benchmarks research analyst Mark Pilipczuk said in an email that bitcoin has posted “a classic volatility spike, with realized volatility rising above implied volatility for the first time in months.” He noted that historically, this crossover “has occurred eight times, and in six cases it aligned…

PANews reported on December 10 that Binance Futures will launch WETUSDT perpetual contracts at 15:00 (UTC+8) on December 10, 2025, with a maximum leverage of 20x.