Daily Market Wrap | Dec. 17

Hot Topics

  • Bitcoin trades near the 100-week SMA support, while MicroStrategy (MSTR) shares have already breached this level on their chart.
  • Marshall Islands launches world's first on-chain UBI using Treasury-backed USDM1 digital bond on Stellar blockchain.
  • BitMine adds $140M ETH to treasury amid dip below $3K, nearing 4M ETH total holdings.

Market Updates

  • RedotPay raises $107M Series B led by Goodwater to expand global stablecoin payments.
  • Exodus partners with MoonPay to launch a fully reserved USD-backed stablecoin in early 2026 for self-custodial payments.