Cryptocurrency Summary

Bitcoin's price has been treading water around $90,000 as market dynamics shift. According to Cointelegraph, whales have been capitalizing on the Ethereum dip, indicating some strategic moves among larger investors.

Meanwhile, Bitcoin treasury firms are entering a challenging phase, with premiums collapsing, as reported by Galaxy Digital. In regulatory news, a bipartisan Florida bill has been proposed targeting Bitcoin kiosks to combat fraud schemes against seniors, highlighting ongoing concerns about crypto scams.

Additionally, U.S. prosecutors are seeking a 12-year sentence for Terraform founder Do Kwon in a crypto fraud case. In a separate development, after 13 years, 2,000 rare Casascius Bitcoins have been awakened, stirring interest in the market.

As we approach the end of the year, analysts suggest that Bitcoin's potential rise to $100,000 hinges on outcomes from the Federal Reserve's policies.