Strategy has $1.4 billion in cash, no debt due until 2027, and Bitcoin&#8217;s price 
is above the company’s cost basis, making a sale unlikely, argues Matt Hougan.

Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says

Connecticut moved to block several major platforms after officials said they 
offered unlicensed sports wagering, signaling escalating scrutiny of online 
gambling services that allegedly sidestep state rules and expose residents to 
significant consumer risks. Connecticut Orders Unlicensed Gambling Platforms 
to Stop Operations Connecticut’s Department of Consumer Protection (DCP) 
Gaming Division issued on Dec. 3 cease […]

Cease and Desist Hits Robinhood, Crypto.com, Kalshi in Connecticut

Aster&#8217;s token burn and airdrop strategy could enhance scarcity and long-term 
value, potentially boosting investor confidence and market stability.
The post Aster burns 77.8M tokens and moves 77.8M to locked airdrop wallet 
appeared first on Crypto Briefing.

Aster burns 77.8M tokens and moves 77.8M to locked airdrop wallet

Bitcoin price started a fresh increase above $92,500. BTC is now consolidating 
gains and might attempt an upside break above $93,500. Bitcoin started a fresh 
increase above the $92,500 zone. The price is trading above $92,000 and the 
100 hourly Simple moving average. There was a break below a bullish trend line 
with support at $93,000 on the hourly chart of the BTC/USD pair (data feed 
from Kraken). The pair might continue to move up if it settles above the 
$93,000 zone. Bitcoin Price Faces Resistance Bitcoin price managed to stay 
above the $90,000 zone and started a fresh increase. BTC gained strength for a 
move above the $90,500 and $91,500 levels. There was a clear move above the 
$93,000 resistance. A high was formed at $94,050 and the price is now 
consolidating gains. There was a minor drop to test the 23.6% Fib retracement 
level of the upward move from the $83,870 swing low to the $94,050 high. There 
was a break below a bullish trend line with support at $93,000 on the hourly 
chart of the BTC/USD pair. Bitcoin is now trading above $92,000 and the 100 
hourly Simple moving average. If the bulls remain in action, the price could 
attempt another increase. Immediate resistance is near the $92,800 level. The 
first key resistance is near the $93,000 level. The next resistance could be 
$94,000. A close above the $94,000 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. Downside Break In 
BTC? If Bitcoin fails to rise above the $94,000 resistance zone, it could 
start another decline. Immediate support is near the $91,650 level. The first 
major support is near the $90,500 level. The next support is now near the 
$88,950 zone or the 50% Fib retracement level of the upward move from the 
$83,870 swing low to the $94,050 high. Any more losses might send the price 
toward the $87,750 support in the near term. The main support sits at $87,200, 
below which BTC might accelerate lower in the near term. Technical indicators: 
Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. 
Major Support Levels – $91,650, followed by $90,500. Major Resistance Levels – 
$93,000 and $94,000.

Bitcoin Coils Near Highs as Bulls Defend Gains Ahead of Resistance

SOL struggles to extend its gains as declining activity, falling leverage 
demand and competition from newly launched spot altcoin ETFs challenge 
Solana’s price rebound.

Cryptocurrency price in MMK