📊 HERE 'S WHAT HAPPENE IN CRYPTO 👇

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: Coinbase Institutional forecasts a strong year-end rally for Bitcoin, Western Union announced it will roll out a “stable card” for high-inflation economies, and Strategy’s Phong Le addresses why his firm raised a $1.44 billion USD reserve earlier this week.

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Bitcoin poised for year-end rally: Coinbase Institutional
Coinbase Institutional forecasts a strong year-end rally for Bitcoin and the broader cryptocurrency market, driven by a growing global M2 supply and US Federal Reserve rate cuts.

“We think crypto could be poised for a December recovery as liquidity improves, Fed cut odds jump to 92% (as of Dec 4), and macro tailwinds build,” Coinbase Institutional wrote in a recent report.

The firm previously predicted Bitcoin’s October “weakness” based on money-supply dynamics and now expects a “December reversal” to follow.

A year-end rally would align with broader market patterns, as seasonality often contributes to the so-called “Santa Claus rally,” when asset prices tend to rise during the holiday period.

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