Startale Group — partner of Sony — has launched a U.S. dollar–pegged stablecoin, Startale USD (USDSC), on Soneium: the new Layer-2 network from Sony. The coin aims to serve as the backbone for payments, liquidity, and reward distribution across Soneium’s growing Web3 ecosystem.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
Read More
Zcash faces a reported 97% collapse in buy-side activity, framing what was considered its main strength as a new vulnerability.
Polkadot surged 9% following a decisive move above the $2.25 resistance level, a price action that shifted short-term technical bias and prompted traders to reassess risk and positioning. The breakout signals renewed buying interest in the token and places a retest of $2.25 and confirmation above it at the top of traders’ watchlists.
Despite a difficult quarter for the market price, the $6,500 Ether call options have surprisingly become the most popular bet within the Deribit derivatives platform. According to the most recent data from Deribit Metrics, the notional open interest in these contracts exceeds 383 million dollars currently, indicating a latent bullish conviction among sophisticated investors that contrasts sharply with the recent bearish trend that has led the asset to trade near 3,033 dollars.
Grayscale’s Chainlink ETF (GLNK) began trading on NYSE Arca, converting a 2020 trust into a spot ETF and carrying a 2.500% expense ratio. The listing coincided with a sharp market reaction as LINK fell about 7%, trading in the $12–$13 range after analysts had forecast higher targets.
Myriad and Trust Wallet consolidated a strategic alliance this December 2 to launch the first fully native prediction markets experience within a Web3 wallet. Eowyn Chen, CEO of Trust Wallet, highlighted during the announcement that this integration allows combining social expression with digital value, facilitating direct access to millions of global users.
Poland’s President, Karol Nawrocki, flatly refused to sign strict legislation on digital assets, arguing that it threatened civil liberties and economic stability. According to official statements, this presidential veto halts regulations that sought to impose severe government supervision on the market, unleashing an immediate political storm.
Chainlink’s LINK fell about 11% to $11,94, capping a near 30% decline across November and overshadowing imminent spot ETF listings. The sharp drop reflected a decisive technical breakdown that outweighed the market’s anticipation of institutional access through planned ETF conversions and registrations.
Bitcoin tumbled 5–6,2%, dropping toward the $84.000 area as institutional treasuries and thin weekend liquidity amplified a rapid market unwind. The move erased roughly $144 billion of market value within hours and forced a cascade of leveraged liquidations that reshaped short-term risk for traders and managers. The episode immediately recalibrated positioning across spot, derivatives, and ETF flows as the market absorbed a sudden deterioration in liquidity.
The market begins December under tension while the Bitcoin price prediction suggests volatility ahead of imminent Federal Reserve decisions. According to analyst Arslan Butt, the asset trades near $86,056 dollars after reversing its October peak, facing a massive liquidity rotation that could redefine global risk appetite in the coming weeks.
