$BTC 58k soon🤡👍
• U.S. Government Crypto Movement: Wallets linked to the U.S. government transferred over $100 million in BTC and BNB, though an official sale has not been confirmed.
• Wells Fargo & Kraken Partnership Talks: Wells Fargo is reportedly in discussions with Kraken’s parent company, Payward, to deepen crypto trading liquidity.
• Paxos Adds XRP: Paxos integrated XRP into its regulated crypto brokerage platform.
• Abstract Layer 2 Shutdown: Pudgy Penguins' consumer-focused blockchain, Abstract, announced it will shut down on December 15 after spending tens of millions on support, following a similar move by Blast.
• Iran Conflict & Market Impact: Bitcoin and major altcoins trimmed recent losses and held steady as investors tracked developments surrounding tensions and talks involving the U.S. and Iran.
• Cronos (CRO) Exploit Rollback: Cronos fell about 5% following a chain rollback designed to recover $110 million from a Tectonic exploit