The Fed’s top bank cop is heading to Capitol Hill with a message that boils 
down to: yes, banks and crypto firms can all play nicely — but rules must be 
followed.

Fed’s Bowman pushes lawmakers for tougher stablecoin rules

Similar to major assets in the cryptosphere, Dogecoin (DOGE) is facing renewed 
selling pressure as broader crypto market weakness intensifies, pushing the 
memecoin below several key technical levels. Related Reading: $300 Million 
Crypto Bet: Kazakhstan’s Central Bank Gears Up The decline occurs amid 
outflows, a weakening market structure, and fading speculative interest, 
raising questions about whether a deeper correction may be underway. DOGE&#8217;s 
price trends to the downside on the daily chart. Source: DOGEUSD on 
Tradingview Dogecoin Breaks Key Supports as Selling Pressure Mounts Dogecoin 
slipped below important support areas after breaking a bullish trend line on 
the hourly chart, continuing a multi-day downtrend. The price now trades below 
the 100-hour simple moving average, near $0.13, with MACD momentum 
strengthening in the bearish zone and the RSI remaining below 50. The coin 
declined more than 8% in 24 hours, falling through multiple Fibonacci 
retracement zones and failing to regain footing above the 23.6% level of the 
latest swing move. Analysts note that immediate resistance lies near the 50% 
retracement of the recent decline. A close above that threshold is needed to 
ease short-term downside pressure. Failure to break above these resistance 
areas has kept momentum tilted toward sellers, with a retest of recent lows 
likely if the market does not stabilize. Weak Flows and Derivatives 
Contraction Deepen Market Strain Spot market flows show persistent 
distribution. Recent data revealed a $5.7 million outflow, extending the 
multi-month trend of reduced accumulation from large holders. Earlier inflows 
that supported rallies toward $0.30 have given way to steady red prints, 
reflecting waning confidence among major players. Derivatives markets 
reinforce the weakening structure. Open interest has dropped more than 9% as 
traders unwind positions rather than add exposure during declines. Long-short 
ratios show a mild long bias, but price action has repeatedly invalidated 
those positions, triggering waves of long-side liquidations whenever DOGE 
attempts to rise above short-term moving averages. These repeated failed 
rallies have kept Dogecoin locked beneath declining EMAs between $0.154 and 
$0.202, a structure analysts say remains firmly bearish. DOGE ETF 
Disappointment and Market Rotation Add Further Pressure Dogecoin’s recently 
launched ETFs have not provided support. Combined inflows from major issuers 
barely surpassed $2 million, far below expectations and significantly weaker 
than the debut flows seen in Bitcoin or Ethereum funds. The soft demand has 
signaled limited institutional appetite for the memecoin, contributing to 
negative sentiment. Related Reading: XRP Hit By Violent 59% Leverage Flush As 
Speculators Slam The Brakes Meanwhile, market rotation is moving toward 
utility-focused assets and payment-driven networks. Declining volume and low 
whale activity suggest traders may be shifting away from meme assets in favor 
of projects showing faster adoption and real-world use cases. Cover image from 
ChatGPT, DOGEUSD chart from Tradingview

Market Downturn Hits Dogecoin Hard: Is a Larger Correction on the Horizon?

Institutional interest in Solana ETFs suggests a shift in crypto investment 
trends, potentially impacting Bitcoin&#8217;s dominance in the market.
The post Cantor Fitzgerald reveals 58,000 share position in Volatility Shares 
Solana ETF appeared first on Crypto Briefing.

Cantor Fitzgerald reveals 58,000 share position in Volatility Shares Solana ETF

Vanguard Group will permit ETFs and mutual funds holding Bitcoin, Ethereum, 
XRP, and Solana to trade on its platform beginning Tuesday, marking a policy 
shift for the asset management firm.

Vanguard finally lets crypto sit at the adult table — ETFs only, please

Ripple’s expanded Singapore license clears the way for broader regulated 
crypto payment services, sharpening its push to deliver faster, more efficient 
digital asset infrastructure across a region central to Asia Pacific’s 
accelerating blockchain adoption. MAS Greenlight Boosts Ripple’s Digital Token 
Integration With Global Rails Ripple announced on Dec. 1 that the Monetary 
Authority of Singapore […]

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