💰 CRYPTO & FINANCE

Crypto Market Update: Bitcoin Stabilizes, Upbit Reacts to $30M Hack, and Global Policy Shifts

Written by SimpleDigitalWorld

10.12.2025

5 min read

Bitcoin climbs above $92K amid improved sentiment, while Upbit tightens security after a massive hack. Stay ahead with the latest crypto news shaping the market today.

📈 Bitcoin Holds Above $92K as Market Sentiment Improves

Bitcoin continues its upward momentum, currently trading near $92,500 following a 2.8% gain in the last 24 hours. The Fear and Greed Index rose from 22 to 26, signaling a retreat from the “extreme fear” zone and boosting short-term investor confidence.

Technical indicators suggest a potential rally toward $108,500, supported by a textbook inverse head-and-shoulders pattern. However, as analysts at BeInCrypto point out, the breakout has repeatedly failed due to:

  • Weak spot market demand near resistance levels
  • High leverage use leading to liquidation cascades

Actionable Insight: Traders should monitor volume and open interest closely before entering leveraged long positions.

🧠 AI Tokens Lead Gains Across the Altcoin Market

AI-linked cryptocurrencies are outperforming, clocking in an average gain of 4.46% amid broader market recovery. This sector continues to attract investor attention as artificial intelligence becomes more integrated with blockchain use cases.

Hot Picks: Keep an eye on AI tokens like Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN).

🔒 Upbit Bolsters Security After $30M Hack

South Korea’s largest crypto exchange, Upbit, is transferring nearly all user funds to cold storage following a $30 million exploit of its Solana hot wallet. Parent company Dunamu is executing one of the most aggressive post-breach overhauls seen in the industry.

Why It Matters: This move could set a new security benchmark for exchanges, especially as cyberattacks grow more sophisticated.

CTA: Is your crypto safe? Consider moving long-term holdings to cold wallets and using multi-factor authentication for added protection.

⚖️ Global Policy Watch: Crypto Regulation Tightens

🇹🇯 Tajikistan Criminalizes Mining with Stolen Power

In a newly passed amendment, Tajikistan has introduced Article 253(2) of its criminal code, imposing fines of up to $8,250 or up to five years imprisonment for crypto miners using unauthorized electricity.

Key Takeaway: Miners operating in or near Central Asia should re-evaluate their legal compliance strategies to avoid punitive action.

🇺🇸 US Lawmaker Moves to Block CBDC via Defense Bill

Rep. Keith Self (R-TX) has filed an amendment to the National Defense Authorization Act (NDAA) aimed at preventing the development of a US Central Bank Digital Currency (CBDC). The amendment reflects growing political skepticism toward programmable money tied to federal entities.

Why It Matters: If passed, this could delay or derail the Fed’s potential rollout of a digital dollar, influencing global CBDC adoption trends.

CTA: Stay informed on global crypto policy shifts—subscribe to our newsletter for weekly regulatory updates.

🔮 What’s Next?

Despite recent volatility, the crypto market is showing signs of resilience. Regulatory developments, exchange security, and institutional sentiment will continue to shape the landscape in the coming weeks.

  • Watch BTC resistance: $93.5K and $95K remain key technical hurdles
  • Monitor altcoin rotation, especially in the AI, DePIN, and Layer-2 sectors
  • Follow global regulation, particularly in the US, Asia, and emerging markets

For real-time updates and insights, bookmark our Crypto News Live Feed.

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