PayPal announces US Bitcoin contest through December

The company announced that participants will get one top Bitcoin prize, five large Bitcoin awards, and 162 smaller Bitcoin sums. Prizes are given weekly until December 21.

PayPal users can receive one entry every cryptocurrency transaction, up to 10 each week, the business stated. Entry requirements exclude PYUSD stablecoin transactions. According to sweepstakes rules, U.S. residents can enter by mail without buying.

PayPal said winners will be notified by email and must respond within five business days. Prize winners must declare winnings to the IRS and pay taxes.

PayPal launched its first cryptocurrency giveaway, according to industry analysts. As an early adopter of digital asset services among major payment systems, the company offers crypto capabilities to its users.

PayPal offers Bitcoin, Ether, Litecoin, Solana, Chainlink, and its own PYUSD stablecoin. Industry observers say regulatory issues limit the selection compared to larger bitcoin exchanges.

Strategy doesn't worry about Bitcoin meltdown because reserves surpass debt

Michael Saylor's company said its Bitcoin holdings would be worth roughly six times its convertible notes if the cryptocurrency plummeted to Strategy's average purchase price, now proudly called its “Bitcoin Rating.”

Based on BitcoinTreasuries data, Strategy thinks the ratio would remain at 2.0x even in an apocalyptic market crash.

The bullish math comes at an unfortunate time: Strategy's share price has fallen in recent weeks, leading to its November 25 S&P 500 exclusion.

MSCI is scheduled to declare early next year on whether cryptocurrency-heavy companies should be included in equity indices, adding to the pressure. JPMorgan analysts warned the decision could force selling, causing crypto community members to accuse the bank of targeting Strategy to profit from a short position.

Perera discovered just share sales and put options in SEC filings, no JPMorgan short.

Bitcoin exceeds $90k again; when will it fall?

Bitcoin losses are encountering price support. Trading data shows the cryptocurrency has drawn buying interest at lower levels many times this week.

Analysts say Bitcoin must close above key moving averages with sustained volume to validate an advance. Rallies will suffer psychological price resistance until such conditions occur.

According to market participants, the bitcoin market is in a reactive trading phase with significant price swings.

Securitize's Avalanche tokenized trading system gets EU clearance

Securitize can trade and settle tokenized equities, bonds, and other products on-chain with the approval.

Trading and settlement are integrated into the DLT system. The firm may request limited market regulation exemptions under the pilot program to test distributed ledger technology in the real world without interfering with the regulatory framework.

American lawmakers unveil bipartisan crackdown on AI-Powered Fraud's Rapid Growth

After a number of high-profile impersonation attempts and a spike in automated criminal activity in financial and crypto markets, U.S. lawmakers unveiled a broad bipartisan proposal to combat AI-powered fraud.

Reps. Ted Lieu (D-CA) and Neal Dunn (R-FL) introduced the AI Fraud Deterrence Act on Tuesday to increase punishments for AI-aided crimes.

Murad: AI and Crypto Will Fight for Decades

The coming decades will be shaped by an arms race between AI-driven centralization and blockchain-based decentralization, according to crypto expert Murad Mahmudov

A former Adaptive Capital co-founder told the PondTalk podcast that artificial intelligence and crypto would vie for dominance over future economic systems while producing unforeseen convergence spots where both technologies must coexist.

Mahmudov's concept suggests this technological fight is still young, with blockchain infrastructure serving as rails for AI agent transactions and counterculture places where humans oppose machine-driven unemployment through financial involvement.

Alibaba AI Predicts XRP, Cardano, Dogecoin Prices by 2025

Unless crypto market sentiment improves, Alibaba's Qwen AI, ChatGPT's Chinese rival, warns that XRP, Cardano, and Dogecoin might fall further.

Over the previous month, the market has fallen, causing severe retracements across key assets. Bitcoin dropped to $82,000 last Friday, its lowest level in a year.

However, long-term prospects are good. Blockchain research continues, and XRP, Cardano, and Dogecoin are among the most durable, widely adopted, and inventive networks. Each may regain buyers after volatility recedes.

Alibaba AI predicts the month's positive and negative outcomes below.