Australia has taken another step to bring about legislation that will place 
crypto platforms under the same laws and licensing obligations as financial 
institutions.

Australia moves forward with bill to regulate crypto under finance laws

Bitcoin is sitting at a critical crossroads once again, hovering dangerously 
close to a liquidity pocket that could trigger deeper losses if bulls fail to 
respond. Momentum has slowed, volatility is tightening, and attention is now 
locked on one key level that could determine whether BTC stages a recovery or 
slips further into the trap below $82,000. Key Resistance at $89,000 Remains 
Bitcoin’s Biggest Hurdle Analyst Lennaert Snyder highlighted in a recent 
update that BTC is currently locked in a critical fight for the key $89,000 
resistance level. He acknowledged the recent price action, noting that Bitcoin 
had a &#8220;nice bounce&#8221; from the support box he posted yesterday, advising those 
who longed for the bottom to &#8220;enjoy the gains. Related Reading: Bitcoin’s 
Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst 
Snyder confirmed that the $86,000 support box is still valid, but stressed 
that this level should now only be used for reversals. A return to this 
support would be interpreted as a weak sign, indicating that buyers are 
struggling to maintain the current altitude. The primary objective remains to 
break the immediate overhead barrier. Lennaert Snyder states that Bitcoin 
still needs to decisively reclaim the $89,000 resistance to trigger a 
meaningful rally and long entries to the next target at $93,000. Given the 
ongoing struggle at resistance, the analyst confirms that it is &#8220;totally 
understandable&#8221; if traders are looking for local short entries. Losing the 
crucial $86,000 support level would confirm a structural breakdown, triggering 
shorts to the next major target at the $82,200 rangelow. Finally, Lennaert 
Snyder warned about the potential for a deeper move, stating that if the 
market goes for the lows again, it should be treated as a reversal opportunity 
only. He notes a high probability that sellers will sweep the $80,600 low to 
&#8220;tank new fuel.” Smart Risk First: Analyst Stresses Discipline Over Aggression 
According to crypto expert and investor Ted Pillows, the current Bitcoin setup 
is a moment that demands strict risk management. He emphasized that BTC 
continues to face heavy rejection around the $88,000 resistance level, making 
this zone a decisive barrier for further upside. Related Reading: Bitcoin 
Price Recovery Loses Strength, Traders Watch $90K as Last Line of Defense In 
response to the ongoing uncertainty, Ted noted that he has manually taken 
partial profits across all open trades. The move is meant to reduce exposure 
and protect capital until Bitcoin provides a clearer directional signal. With 
volatility tightening, he believes caution is the smarter play. Ted added that 
he intends to scale back into his positions only after Bitcoin successfully 
flips the resistance level into support and holds above the S/R zone. Featured 
image from Pngtree, chart from Tradingview.com

Bitcoin Needs To Reclaim This Key Level To Escape The Trap Below $82,000

The CFTC is turbocharging America’s innovation momentum by recruiting top CEOs 
to shape the future of crypto market structure, blockchain rulemaking, and 
next-gen digital-asset oversight as the agency pushes into a new era of 
financial transformation. CFTC Opens CEO Innovation Council Nominations U.S. 
Commodity Futures Trading Commission (CFTC) announced on Nov. 25 that Acting 
Chairman […]

CFTC Urges Crypto CEOs to Help Shape Regulation as US Market Structure Accelerates

Thailand has ordered World, the biometric ID project backed by Sam Altman, to 
halt all iris-scanning operations and erase 1.2 million biometric records 
following violations of the country’s data protection law. Thailand’s Personal 
Data Protection Committee issued the directive on Nov. 24, saying World failed 
to secure proper consent and posed heightened risks by storing […]

World’s Iris-Scanning Halted in Thailand as Officials Demand Data Destruction

Ethereum climbed back above $3,000 after a wave of exchange traded-fund 
inflows and heavy whale accumulation helped stabilize the market following 
weeks of selling. Ethereum has climbed back above $3,000, trading at $3,037, a 
3.5% daily gain. The move came…

Cryptocurrency price in VEF