Gold advocate Peter Schiff faced Binance co-founder Changpeng &#8220;CZ&#8221; Zhao during 
an event panel in Dubai, arguing that tokenized gold is a better store-of- 
value asset than Bitcoin.

Peter Schiff fails to authenticate gold bar during onstage test with CZ

Bitcoin is perched on its most important resistance since topping out. A 
decisive push through $98K? That could shift market structure, Trader Mayne 
says.

Bitcoin bulls face make-or-break test at $98k–$100k: Trader Mayne

CNBC partners with Kalshi to bring real time prediction market data into its 
coverage, enhancing reporting with market-driven forecasts.
The post Kalshi partners with CNBC to bring real-time prediction markets into 
financial news appeared first on Crypto Briefing.

Kalshi partners with CNBC to bring real-time prediction markets into financial news

XRP has reclaimed the $2.10 level after a strong rebound across the broader 
crypto market, signaling renewed confidence following several days of fear, 
volatility, and sharp pullbacks. Analysts now see the potential for a 
sustained recovery as momentum returns and buyers show signs of stepping back 
in. The reclaim of this key level comes at a crucial moment, with traders 
closely watching whether XRP can build enough strength to challenge higher 
resistances in the coming sessions. Related Reading: Bitmine Buys Another 
18,345 Ethereum ($54.94M) In Fresh Accumulation Push – Details Adding to the 
renewed optimism, a new report from CryptoOnchain on CryptoQuant highlights a 
major spike in XRP Ledger Velocity, marking one of the strongest on-chain 
signals of 2025. On December 2, the Velocity metric surged to 0.0324, its 
highest value of the year. Velocity measures how frequently XRP moves across 
the network, serving as a direct indicator of economic activity, liquidity, 
and transactional demand. Such a dramatic rise in Velocity shows that XRP is 
circulating rapidly among users rather than sitting dormant in wallets. It 
reflects increased participation from traders, active holders, and possibly 
even whales, pointing toward heightened engagement on the network. Network 
Activity Surges as Velocity Signals Peak 2025 Engagement According to the 
CryptoOnchain report, the latest spike in XRP Ledger Velocity indicates a 
dramatic shift in how XRP is being used across the network. Instead of sitting 
idle in cold wallets or being held for long-term storage, XRP is rapidly 
changing hands among market participants. This level of circulation suggests 
that traders, active users, and possibly whales are driving significantly 
higher transaction volume than usual. CryptoOnchain explains that such a 
strong jump in Velocity typically signals high liquidity and deep 
participation across the ecosystem. When coins move this quickly, it means the 
asset is being used in real economic activity—whether for trading, transfers, 
arbitrage, or strategic repositioning by large holders. This type of behavior 
often aligns with periods of heightened volatility, increased speculation, or 
structural shifts in market sentiment. Regardless of whether price trends 
upward or downward, the data confirms that the XRP Ledger is entering one of 
its most active phases of 2025. User engagement has reached a yearly peak, 
with more participants interacting with the network and more coins circulating 
than at any point this year. Such elevated activity often precedes or 
accompanies major market movements, reinforcing the idea that XRP is 
transitioning into a more dynamic and liquid phase as the recovery unfolds. 
Related Reading: Tron Hits $80.2B Stablecoin Milestone After Tether Mints 1B 
USDT On The Network XRP Faces Heavy Resistance in a Weakening Daily Structure 
XRP’s daily chart shows an attempted rebound toward the $2.15–$2.20 range, but 
the broader structure remains pressured by a persistent downtrend. After the 
sharp sell-off in late October and November—which pushed XRP below the $2.00 
level for the first time in months—the asset is now trying to stabilize. The 
recent bounce reflects short-term buying interest, yet the price still trades 
below all major moving averages, signaling that bulls have not fully regained 
control. The 50-day SMA is currently sloping downward near $2.35, acting as 
immediate resistance. The 100-day SMA around $2.55 and the 200-day SMA near 
$2.60 form a stacked barrier above price, confirming a structurally bearish 
setup. For XRP to build meaningful upside momentum, it must reclaim at least 
the 50-day SMA and flip it into support—something it has failed to do since 
late September. Related Reading: Bitcoin Liquidation Dominance Hits Multi-Year 
High: The Real Cause Behind BTC’s Breakdown Support remains stable around 
$2.00–$2.05, where buyers have defended the level repeatedly with long lower 
wicks. A breakdown below this area could expose XRP to deeper losses toward 
$1.80. Meanwhile, volume remains muted, suggesting the rebound lacks strong 
conviction. Featured image from ChatGPT, chart from TradingView.com

XRP On-Chain Velocity Hits Yearly High As Network Activity Explodes

Cathie Wood, CEO of Ark Invest, remains bullish on cryptocurrency — especially 
Ethereum.

Cryptocurrency price in CLP