[Philippine Digital Bank GoTyme Launches Cryptocurrency Services] On December 8, Philippine digital bank GoTyme, which has 6.5 million customers, partnered with U.S. fintech company Alpaca to launch cryptocurrency services in the Philippines. Users can now purchase and store 11 types of crypto assets, including Bitcoin, Ethereum, SOL, and DOT, through the GoTyme banking app. These assets can be automatically converted to U.S. dollars from Philippine pesos.
Click on the link to join: https://meeting.tencent.com/dm/ByECD2DjwiVW Price Trend Analysis K-line shape: ——1-hour level: Recently formed a V-shaped reversal, rapidly rebounded from the low point of 2907.52 on December 7th at 22:00 to the high point of 3140.5 on December 8th at 13:00, with an increase of over 8%. A long upper shadow line is currently appearing near 3140, indicating integer level selling pressure. ——Daily level: From December 5th to 7th, the double needle bottoming out (2983/2907) was completed, and then the volume broke through the 3050 key level. Yesterday, the long bullish candlestick swallowed the solid bearish candlestick from the previous two days, but it was clearly blocked at 3150. Technical Indicators: MACD: The golden cross between DIF (18.67) and DEA (13.10) enlarges within 1 hour, with 6 consecutive columnar bodies enlarging; The bearish area of the daily MACD (-64/-109) has contracted, but no golden cross has formed. RSI: The 1-hour RSI (60.45) touched the 60 axis for the first time after leaving the oversold zone; The daily RSI (50.49) has just broken through the downtrend line, indicating a divergence from the baseline. EMA: 1-hour EMA7 (3108)>30 (3075)>120 (3058) multi head arrangement; The daily EMA7 (3065) is about to cross the 30 day moving average (3146), but the price is still below the 120 day moving average (3532). Turnover Key nodes with increased volume: On December 8th at 01:00, the trading volume reached 59501 (a year-on-year increase of 300%) during the surge period, and on December 7th at 22:00, the trading volume reached a weekly peak of 73594 during the sharp decline period. Current volume reduction: The trading volume has remained in the range of 11039-12176 in the past 4 hours, less than 20% of the peak, and we need to be alert to the depletion of momentum. Buying and selling point: Buy Point 1: 3080 USDT (EMA30 moving average support+previous high conversion support) Buy Point 2: 3050 USDT (integer level+daily double bottom neck level, controllable stop loss space) Long stop loss point: 3030 USDT (below the buffer zone below the second lowest point of 3025 after the low point of 2907 on December 7th at 22:00) Sell point one: 3150 USDT (high resistance before 1-hour level+integer psychological threshold) Sell Point 2: 3180 USDT (daily EMA120 moving average suppression level+secondary resistance at the rebound high of 3214 on December 3rd) Short stop loss point: 3215 USDT (confirmed trend reversal after breaking through the weekly high of 3214) Official QQ fan group: 825824392 Click on the link to join the group chat: https://qm.qq.com/q/pe4iwLttiE Tencent Meeting ID: 178-103-587 Trading is a long process. By adjusting your mindset, grasping the short term, and being able to hold onto the long term, you will definitely generate a chemical reaction in this market. Welcome to join the Wanxiang blockchain community and experience a different kind of trading Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
[The Central Bank of Argentina Considers Lifting Ban on Bank Cryptocurrency Transactions] On December 8, the Central Bank of Argentina is considering lifting the ban on traditional financial institutions providing cryptocurrency trading and custody services. The government of President Milei is evaluating regulatory reforms, aiming to allow banks to enter the cryptocurrency market under a strict framework. The drive to institutionalize cryptocurrency transactions is to bring transactions from the shadow financial system into the regulated banking system. If banks enter the market, it may create competitive pressure on existing cryptocurrency companies.
[Analyst Points Out Bitcoin May Test $76,000 if Fibonacci Support Level is Broken] Crypto analyst Daan Crypto Trades highlighted that Bitcoin is currently hovering around the key support level of the 0.382 Fibonacci retracement zone. If this level is breached, the price may test the April low of approximately $76,000 and break the long-term market structure. On Sunday evening, due to low liquidity in the weekend market, intense liquidation of long and short leverage occurred, causing Bitcoin's price to briefly drop below $88,000 before quickly rebounding above $91,500.
[South Korea's Plan to Allow Spot Cryptocurrency ETF Trading This Year Falls Through Due to Regulatory Delays] Affected by the delay in the revision of South Korea's 'Capital Markets Act,' the plan to allow spot cryptocurrency ETF trading in the country this year has essentially fallen through. Currently, four amendments related to the approval of spot cryptocurrency ETFs remain pending. Due to the restructuring of the Financial Services Commission and the Financial Supervisory Service, as well as the significant policy resources consumed by the government's stock market activation measures, the institutionalization process of crypto assets may have been deprioritized.
[OKX to Delist KITEUSDT Perpetual Contract on December 8, 2025] OKX announces that it will delist the KITEUSDT perpetual contract at 16:00 (UTC+8) on December 8, 2025.