Japan will die Krypto-Regulierung endlich in die Vorschriften und Aufsichten der Wertpapiermärkte verlagern, was viele wichtige Änderungen mit sich bringt, die von den europäischen MiCA inspiriert scheinen.
Bitcoin slips under $90K after Oracle’s shock earnings miss sparks AI stock sell-off
- Bitcoin price showed fresh weakness as bulls revisited support below $90,000.
- The top coin dropped despite the US Federal Reserve’s interest rate decision.
- Oracle stock was down 11% in premarket trading amid AI trade jitters.
Bitcoin price failed to rally on Wednesday as the US Federal Reserve cut its interest rate, and showed weakness on Thursday as it fell to under $90,000.
The dip in BTC price reflected across cryptocurrencies, with major coins also tumbling to key levels amid fresh sell-off jitters.
While the top digital asset remains near the critical level as of writing on December 11, 2025, risk assets are broadly weak on signs of turbulence in technology stocks.
Artificial intelligence-related concerns, visible in market reaction to US-based cloud giant Oracle’s stock price, weighed on Bitcoin and most AI-related tokens.
Oracle’s shares tumbled after the company’s miss in its profit and revenue forecast.
Why did the Bitcoin price fall today?
Bitcoin hovered around $90,379 at the time of writing, down 2.4% in the past 24 hours.
The bellwether crypto asset nonetheless traded off its intraday lows of $89,458. Losses came amid a 9% uptick in daily volume to over $70 billion.
While stocks saw gains after the Fed’s rate cut, a premarket dump for Oracle pulled other AI stocks down and signalled fresh losses likely to encourage Wall Street bears.
In premarket trading, CNBC highlighted that Oracle shares plummeted by more than 11%.
This cascaded across AI-related peers, with Nvidia down nearly 2% and Micron 1.4% at the time. Microsoft, cloud company Coreweave and AMD also traded negatively.
This outlook, even tougher on crypto, pushed BTC lower.
Ethereum, XRP and Solana all shed gains as the market continued to reel from the crash and sentiment flip that followed the October 10, 2025 bloodbath.
CryptoQuant analysts say short-term holders dominate the count, still hovering in the “Pain Zone”.
“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones,” an analyst at CryptoQuant noted.
BTC Short-Term Holders are Still in a Pain Zone
“Structurally, these deep loss pockets usually show up closer to the late stages of a correction than the early ones.” – By @IT_Tech_PL pic.twitter.com/bw39CfxGh6
— CryptoQuant.com (@cryptoquant_com) December 11, 2025
Standard Chartered cuts BTC forecast for 2025
A lack of momentum since dipping below $100,000 has analysts recalibrating their end-of-year forecasts.
Standard Chartered,for instance, said earlier this week that it was cutting its 2025 BTC price prediction from $200k to $100k.
Geoff Kendrick, the global head of digital assets research at the banking giant, pointed to the slowdown in buying by Bitcoin treasury companies as a factor.
According to the analyst, bulls may now have only one key price driver- the spot exchange-traded funds space.
The post Bitcoin slips under $90K after Oracle’s shock earnings miss sparks AI stock sell-off appeared first on CoinJournal.
The Kingdom of Bhutan launches a gold-backed crypto on Solana
- Bhutan launches TER, a gold-backed crypto on the Solana blockchain.
- TER links physical gold to digital assets, boosting investor access globally.
- DK Bank is responsible for distributing TER, with Matrixdock handling token infrastructure.
Bhutan has made a striking move in the world of digital finance by launching TER, a gold-backed cryptocurrency built on the Solana blockchain.
The token, introduced through the Gelephu Mindfulness City (GMC), a special administrative region designed to attract global investment, represents a novel approach to bridging traditional asset security with blockchain technology.
Each TER token corresponds to a fixed amount of physical gold held in institutional custody, giving investors a regulated and transparent way to own gold digitally.
Gold meets blockchain in Bhutan
The TER token is distributed and custodied exclusively by DK Bank, Bhutan’s first licensed digital financial institution regulated by the Royal Monetary Authority.
The tokenisation infrastructure is provided by Matrixdock, a digital asset platform licensed under the GMC authority.
During the initial phase, investors can acquire TER directly through DK Bank, with all assets securely held in institutional custody.
Bhutan’s authorities have emphasised that TER combines the familiarity of traditional gold investment with the advantages of blockchain, including instant settlement, on-chain verification, and global transferability.
Gelephu Mindfulness City’s design allows for regulatory flexibility, enabling the launch of such digital assets under a sovereign-backed framework while remaining aligned with the nation’s core principles of transparency, sustainability, and long-term stewardship.
The initiative also underscores Bhutan’s goal of creating a digitally focused financial ecosystem, attracting international investors, and providing a city-level pilot for responsibly integrating crypto into the national economy.
Bhutan’s planned embrace of blockchain technology
TER is part of Bhutan’s broader and carefully planned embrace of blockchain technology.
The kingdom began Bitcoin mining operations in 2019, powered by its abundant hydroelectric resources, and has accumulated 5,984 BTC valued at more than $536 million, ranking it as the seventh-largest sovereign Bitcoin holder worldwide.
In addition to Bitcoin, GMC has announced plans to hold Ethereum and Binance Coin as part of its strategic reserves.
Bhutan has also partnered with Ripple to pilot a Central Bank Digital Currency, aiming to test a digital version of the national currency, the Ngultrum.
Beyond its crypto reserves, Bhutan has integrated blockchain into practical applications, such as its national digital identity system, which has been migrated to the Ethereum blockchain.
This makes Bhutan the first country to anchor a population-scale ID system on a public blockchain, providing more than 800,000 citizens with cryptographically verifiable credentials by early 2026.
Additionally, partnerships with Binance Pay have enabled the use of cryptocurrencies in the tourism sector, supporting over 100 digital currencies across more than 100 local merchants.
Setting a regional precedent
Bhutan’s TER token not only represents a leap in integrating blockchain with traditional finance but also reflects a strategic vision for sustainable economic innovation.
By connecting physical gold to digital assets within a regulated framework, the kingdom demonstrates how small nations can experiment with technology-driven financial models while preserving sovereignty and cultural values.
This development positions Bhutan as a pioneer in the use of blockchain for real-world asset tokenisation, potentially serving as a model for other countries seeking to modernise their financial ecosystems.
Notably, the launch of TER comes shortly after Kyrgyzstan unveiled USDKG, a gold-backed stablecoin pegged to the US dollar with an initial issuance of $50 million.
These initiatives highlight a growing regional trend where smaller nations are experimenting with state-backed digital assets tied to tangible reserves.
The post The Kingdom of Bhutan launches a gold-backed crypto on Solana appeared first on CoinJournal.
Ethereum leidet nicht unter kurzem Verlust der Finalität – Vitalik Buterin
Ethereum-Gründer Vitalik Buterin stellt klar, dass ein vorübergehendes Ausbleiben von Finalität – wie jüngst drohte – kein Problem für die Ethereum-Blockchain ist.
Gemini bekommt grünes Licht für Krypto-Wetten – Aktie springt nach oben
Eine Tochter der Kryptobörse Gemini hat von der CFTC die Zulassung für Krypto-Prognosemärkte bekommen, worauf die Aktie des Unternehmens positiv reagierte.