Crypto News Daily Squeeze

Did Binance just out-bank the banks in Abu Dhabi?

Written by Gode S.,

Web3 Market Analyst

Last Updated: December 08, 2025

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GM. Some crypto news leaves a zing, others a mellow aftertaste, but we're juicing them all for easy sipping.

Here's your freshly-blended update:

🍍 Cautious optimism as crypto eyes possible Fed rate cut;

🏅 Binance grabs Abu Dhabi triple;

🍋 Strive fights MSCI's Bitcoin exclusion, BPCE offers in-app crypto trading + more

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🍍 Market flavor today

Find out more about the Fear & Greed Index here.

Name		Price	24H	7D
Crypto Market Cap: $3.07T 2.75% (24H)
	Bitcoin BTC	$89,849.81	0.49%	6.39%
	Ethereum ETH	$3,103.95	3.00%	13.31%
	XRP XRP	$2.07	1.40%	3.78%
	BNB BNB	$896.34	0.93%	10.57%

Prices as of 11:00 AM EST. Click here to see live data.

Bitcoin is back above $90K, and traders dusted off one of their favorite December phrases:

👉 "Santa rally."

Aka that end-of-year pop everyone hopes for.

Now, why is the market getting more optimistic?

Two words: the Fed.

The FOMC meeting's happening just this Wednesday, and most traders expect to get a rate cut from it.

(And rates go down = risk assets usually go up.)

Target rate probabilities, 12-08

Source: CME FedWatch

That said… let's not pretend this is officially party time.

👉 Leverage got nuked;

👉 Open interest dropped;

👉 Positioning is way lighter than it was earlier this cycle.

Which, yes, is often how real rallies start - after the gamblers get flushed and the market quiets down. But it only works if macro plays along.

So the vibe today is:

✅ Hopeful;

✅ Interested

❌ Reckless

No one's counting profits yet. Everyone's staring at the Fed like it's the final boss.

Because that next decision decides if crypto gets a Santa rally…

or a festive little lump of coal this year 🎅🪨

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🥝 Memecoin harvest

Zero utility, all velocity: meme tokens flexing on your portfolio 🏋️‍♂️

Data as of 10:25 AM EST.

Check out these memecoins and plenty more here.

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🏅 Binance grabs Abu Dhabi triple

Opening a bank account is usually slow, boring, and packed with paperwork.

Crypto was supposed to be the opposite.

... But Binance proved that crypto can go fully "by the book" - and still win.

Binance secured three major licenses from Abu Dhabi's top financial regulator, which makes it the first global crypto exchange that can legally:

👉 Run a full exchange;

👉 Clear and settle trades;

👉 Act as a broker-dealer.

All under a single, highly respected regulatory umbrella (ADGM).

Binance split their UAE business into three regulated companies:

1️⃣ One runs the exchange;

2️⃣ One handles custody + settlements;

3️⃣ One serves institutional traders.

Which is exactly how traditional financial markets are structured.

In other words, Binance didn't just "get a license." They built a full TradFi-grade crypto operation.

The full rollout happens in January 2026, once Binance finishes migrating users and operations.

Binance secures ADGM licenses to operate international platform

Source: Binance

And it's a big deal.

A huge chunk of institutional money can't touch unregulated exchanges. Now, Binance has a fully regulated setup inside one of the world's biggest financial hubs.

That opens the door to hedge funds, asset managers, banks, etc.

And more institutional access = more liquidity + longer-term demand.

This is how crypto moves from speculation → financial system.

So, this isn't just a Binance win. It's proof that crypto can scale globally without dodging regulators - and that's how real adoption happens 🚀