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Midnight (NIGHT) Hits New All-Time High Amid Hoskinson-Led Rally

Cryptonite UAE

The Midnight (NIGHT) token has reached a new record high, fueled by intense investor demand and its high-profile connection to Cardano founder Charles Hoskinson. Despite its recent rapid ascent, technical indicators suggest the rally may still have room to run. Strong Inflows and Narrative Momentum Market data confirms that capital is still flowing into the … Read more

Lawmakers Urge IRS to Reform “Double Taxation” on Crypto Staking

Cryptonite UAE

A bipartisan coalition of 18 U.S. House representatives is calling on the IRS to overhaul how cryptocurrency staking rewards are taxed, arguing that the current framework stifles innovation and unfairly burdens investors. Led by Representative Mike Carey, the group sent a formal letter to IRS Acting Commissioner Scott Bessent requesting updated guidance before 2026. The … Read more

Crypto Market Pulse: Stability Returns as Bitcoin and Ethereum Reclaim Key Levels

Cryptonite UAE

The cryptocurrency market is showing signs of steadying, with the total market capitalization climbing 0.93% to reach $3.01 trillion. After a period of high volatility, the market atmosphere has shifted from a defensive posture to a cautiously optimistic “neutral-to-positive” outlook. This recovery is fueled by a decrease in forced liquidations and a rise in spot … Read more

Tether’s Vision for an AI-Powered Crypto Wallet

Cryptonite UAE

Tether is expanding its ecosystem with the development of a new mobile cryptocurrency wallet that integrates artificial intelligence to enhance user experience and security. Announced by CEO Paolo Ardoino, this initiative aims to streamline the management of digital assets while leveraging cutting-edge decentralized tools. Key Highlights of the Initiative Asset Support: The wallet is designed … Read more

Russia’s Central Bank Softens Stance as Bitcoin Mining Bolsters the Ruble

Cryptonite UAE

The Russian central bank, led by longtime cryptocurrency skeptic Elvira Nabiullina, is shifting its tone toward the digital asset sector. In a notable departure from her previous calls for a total ban, Nabiullina recently acknowledged that the country’s rapidly expanding Bitcoin mining industry has become a supportive factor for the ruble’s exchange rate. From Prohibitions … Read more

Indonesia Ehances Crypto Security: OJK Grants Licenses to 29 Trading Platforms

Cryptonite UAE

On December 22, Indonesia’s Financial Services Authority (OJK) took a major step toward formalizing the nation’s digital asset landscape by releasing a sanctioned list of 29 licensed crypto platforms. High-profile exchanges such as Indodax, Tokocrypto, and Upbit are among those recognized, as the regulator urges investors to prioritize the legality of their chosen platforms. Building … Read more

Michael Saylor Teases New Bitcoin Buy as Strategy Inc. Faces Critical MSCI De-Listing Threat

Cryptonite UAE

Michael Saylor is doubling down on his high-stakes treasury strategy. In a move that has become a familiar ritual for crypto observers, the Strategy Inc. (formerly MicroStrategy) Executive Chairman posted a cryptic “Green Dots ₿eget Orange Dots” teaser on X this past weekend. Historically, these posts serve as a precursor to Monday morning SEC filings … Read more

Ethereum’s $3,000 Tug-of-War: Growing Interest Meets Stagnant Utility

Cryptonite UAE

Ethereum is currently caught in a paradoxical state. While the number of investors is surging, the actual usage of the network hasn’t kept pace, leaving the price struggling to reclaim and hold the critical $3,000 psychological threshold. Wallet Growth Hits Record Levels Despite sluggish price action, investor curiosity in Ethereum is soaring. The network is … Read more

Institutional Giants and Whales Quietly Accumulate XRP Despite Flat Prices

Cryptonite UAE

The current XRP market is witnessing a strategic shift in power. While price action remains relatively stagnant, institutional investors and large-scale “whales” are aggressively positioning themselves for the future. Steady Institutional Inflows via ETFs Data from SoSoValue reveals that total net assets in Spot XRP ETFs have now climbed past $1.2 billion. What stands out … Read more

Market Pulse: Markets Steady as Bitcoin Eyes $89k and Gold Hits New Peaks

Cryptonite UAE

As the final weeks of 2025 approach, global markets are settling into a cautious but firm rhythm. Trading activity in the Asia-Pacific region started the week on a positive note, with risk assets showing resilience despite the thinning liquidity typical of the holiday season. Asset Performance Snapshot While crypto markets weren’t the primary driver of … Read more

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