Nasdaq

This year’s anticipated Santa Rally is absent as XRP and Bitcoin test critical support levels, and the Nasdaq shows potential bearish reversal patterns, casting a nervous shadow over December markets.

Nasdaq is proposing to quadruple the daily options contract limit for BlackRock’s iShares Bitcoin Trust (IBIT) to one million, a level currently reserved for major stocks like Apple and Nvidia. The move is driven by massive trading volume and growing institutional demand, signaling Bitcoin’s maturation as a mainstream financial asset.