Crypto

A “descending triangle” pattern in technical analysis points to bigger gains for the top-performing major token.

Also: Ripple’s Chainlink deal; Pyth partners with Revolut

The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.

In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.

“History shows these dips often pave the way for bigger bullish movements, especially with where we are in the market cycle now,” one market watcher said, as some foresee a shaky period in January.

A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.

AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.

FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million.

Prime Minister Justin Trudeau said he’d step down as prime minister and his party’s leader, opening the chance for a crypto supporter to replace him.

Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.