Alina Habba resigns as acting NJ US attorney

nypostPublished on 2025-12-08Last updated on 2025-12-08

Abstract

This article reports that Alina Habba has resigned from her position as the acting U.S. Attorney for the District of New Jersey. The brief text is accompanied by a video player, but the core news is the announcement of her departure from this significant federal prosecutor role.

Crypto and Traditional Finance Sentiment Improves: Can Bitcoin (BTC) Traders Sweep Shorts Above $93,000?

The article discusses the recent improvement in sentiment among both retail crypto and traditional finance investors, aligning with Bitcoin's (BTC) price recovery towards the $90,000 mark. However, the $93,000 resistance zone is identified as a significant barrier due to a concentration of sell orders and short positions that are suppressing further upward movement. Analysts from Bernstein and VanEck suggest that Bitcoin has broken its traditional 4-year cycle pattern and is now in an extended bull market, with institutional buying absorbing retail panic selling. This view was reinforced after MicroStrategy announced a substantial purchase of 10,624 BTC at an average price of $90,615, its largest acquisition since July 2025. Despite the rebound from November's low of $80,612, BTC's price remains range-bound. Technical analysis points to key support levels between $73,700 and $76,500. Data from Hyblock and order books show that while smaller traders (0-100 BTC) are increasing participation, larger entities are selling into rallies near the $93,000 level. The liquidation heatmap indicates a cluster of short positions between $94,000 and $95,300, which could provide fuel for a potential rally toward $100,000 if bullish momentum intensifies.

cointelegraph_中文17m ago

Crypto and Traditional Finance Sentiment Improves: Can Bitcoin (BTC) Traders Sweep Shorts Above $93,000?

cointelegraph_中文17m ago

Bitcoin (BTC) Gains Buying Support, But Data Shows Professional Traders Are Skeptical of a Rally Above $92,000

Based on the provided article, here is a concise English summary: Bitcoin (BTC) is facing resistance after failing to break above $92,250, leading to a pullback. The article attributes this to macroeconomic uncertainty, including a delayed U.S. jobs report, a softening housing market, and a pause in spot Bitcoin ETF inflows. Data shows professional traders remain skeptical of a sustained rally above $92,000. The monthly futures premium (basis rate) has remained low, and the demand for protective put options is high, with market makers demanding a 13% premium to sell downside protection on Deribit. This indicates traders are willing to pay a significant cost to hedge against potential price declines. Furthermore, a bearish signal is emerging from China, where Tether (USDT) is trading at a discount to the official USD/CNY rate. This suggests strong selling pressure and capital flight from the crypto market, a pattern often seen during bearish phases. The article concludes that while the $90,000 level is providing support, a rapid return to $100,000 is unlikely. It hinges on improved visibility regarding the U.S. job market and real estate sector, which may take longer to materialize than the upcoming Fed policy decision.

cointelegraph_中文19m ago

Bitcoin (BTC) Gains Buying Support, But Data Shows Professional Traders Are Skeptical of a Rally Above $92,000

cointelegraph_中文19m ago

Wall Street Turns Ultra-Bullish on Ethereum as Institutional Demand Rises and Fee Reform Advances

Ethereum is entering a phase resembling its strongest market cycles, driven by institutional accumulation, shrinking exchange supply, and proposals to stabilize network economics. ETH held on exchanges has fallen to a record low of 8.7% of total supply, with significant accumulation from entities like BitMine Immersion Technologies and ETF inflows. Nearly 40% of ETH is locked in staking or institutional products, creating a tight supply environment. Additionally, Vitalik Buterin has proposed a gas futures market to help users hedge against fee volatility. Analysts compare current dynamics to Bitcoin years ago, citing reduced speculation and sustained institutional demand as factors that could support a major repricing.

bitcoinist34m ago

Wall Street Turns Ultra-Bullish on Ethereum as Institutional Demand Rises and Fee Reform Advances

bitcoinist34m ago

From 'Criminal Cycle' to Value Return: Four Major Opportunities in the 2026 Crypto Market Outlook

The crypto market is undergoing a necessary "purification" phase, shifting from a "crime cycle" of high-FDV, low-utility projects and pump-and-dump schemes towards value-driven growth. Key 2025 trends included maturation of regulated stablecoins (with over $100B in net growth), the rise of PerpDEXs (reaching $230B open interest), and Digital Asset Trusts (DATs) attracting TradFi interest. However, many DATs and airdrops faltered, highlighting the need for real utility and sustainable tokenomics. Looking ahead to 2026, four major opportunities are identified: 1. **Prediction Markets:** Platforms like Polymarket and Kalshi, backed by institutional interest and mainstream distribution, are set to grow significantly. 2. **Stablecoin Payments:** Supported by clear regulations (e.g., the Genius Act) and adoption by giants like Visa and Stripe, stablecoin transaction volumes are surging. 3. **Mobile dApps:** With improved user onboarding and growing mobile transaction trends, apps like Fomo App are driving accessibility and adoption. 4. **Real Revenue and Value Accrual:** Protocols generating actual income (e.g., via buybacks) and sharing profits with token holders will thrive. The focus shifts from speculation to sustainable business models in trading, yield, and payments. The industry is evolving towards practical applications, genuine revenue, and clearer value propositions, making 2026 a pivotal year for crypto's maturation.

深潮39m ago

From 'Criminal Cycle' to Value Return: Four Major Opportunities in the 2026 Crypto Market Outlook

深潮39m ago

China's Stablecoin Window Closes: A Regulatory Drama Long Written

China's regulatory crackdown on stablecoins marks a definitive shift from targeting speculative trading to safeguarding national financial sovereignty. The recent coordinated ban, emphasized by former central bank officials, underscores that private stablecoins—even those pegged to the yuan—are seen as threats to state-controlled currency issuance and financial stability. Authorities argue that dollar-dominated stablecoins like USDT and USDC facilitate capital flight and expose China to external risks, while domestic alternatives are deemed redundant given the advanced digital yuan (e-CNY) infrastructure. The policy aims to isolate China’s financial system from global crypto influence, preventing "digital dollar colonization" and curbing underground activities like money laundering. However, potential downsides include technological isolation from blockchain innovation, increased opacity in illicit transactions, and reduced influence in global digital currency developments. For industry participants, the message is clear: abandon gray-area operations, avoid RWA tokenization of Chinese assets, and focus either on offshore hubs like Hong Kong or compliant domestic channels like e-CNY integration. The era of ambiguity is over, forcing a choice between exiting entirely or operating within strict regulatory boundaries.

比推43m ago

China's Stablecoin Window Closes: A Regulatory Drama Long Written

比推43m ago

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