Ethereum may be gearing up for a significant rally, forming a bullish reversal pattern as inflows into spot Ethereum ETFs return following a brief downturn. As of Dec. 15 morning (Asian time), Ethereum was trading at $3,113, down 8% since last Thursday and roughly 37.1% below its all-time high hit in August. The recent decline…
Solana’s price continues to trade in a delicate consolidation phase as it struggles below declining moving averages, signaling cautious market sentiment. While bearish momentum has softened, dense sell walls above and clustered bids below are creating a tight trading range, which may determine the altcoin’s next directional move. According to technical analysis of daily charts,…
Bitcoin’s largest non-exchange holders have moved $3.37 billion worth of BTC this month, signaling a shift toward distribution as liquidity tightens and the $94,000 resistance level remains intact. According to Glassnode, entities holding 10,000 to 100,000 BTC—typically institutional custodians or early miners—have sold or redistributed roughly 36,500 BTC ($3.4B) since December 1. This activity highlights…
The market is showing some stability today, though overall risk appetite—how willing traders are to take on risky assets—hasn’t fully bounced back. The Crypto Fear and Greed Index, which measures market sentiment, is at 29, down just a bit from 30 yesterday. While this indicates caution, it’s much less extreme than last week, when fear…
JPMorgan Chase & Co. on Thursday became one of the first major global banks to use a public blockchain to issue $50 million in U.S. commercial paper for Galaxy Digital Holdings—marking a significant step forward in integrating blockchain technology into traditional finance. Solana and Ethereum Glow Like Bitcoin Eyes at $70,000 According to Reuters, the…
CRYPTO FEAR AND GREED INDEX DROPS, DELAYING EXPECTED ALTCOIN BREAKOUT The crypto market slipped on Thursday even as the Dow Jones Industrial Average surged to a new record high, highlighting a clear shift by investors from tech assets toward more traditional, economically sensitive stocks after the Federal Reserve’s latest interest-rate cut. Bitcoin held just above…
Australia’s securities regulator has finalized a set of exemptions aimed at simplifying the distribution of stablecoins and wrapped tokens. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it is providing “class relief” for intermediaries involved in the secondary distribution of certain stablecoins and wrapped assets. Under the new rules, businesses will no…
The crypto market opened in December on a strong footing, with Bitcoin pushing toward $94,000 and Ethereum approaching $3,250 late last week, according to a research update from Laser Digital. The surge was driven by two major catalysts: Strategy’s acquisition of nearly $960 million in Bitcoin and growing anticipation for the Fusaka upgrade set for…
Ethereum has seen a price rebound in recent weeks following significant accumulation by large holders, according to on-chain data from analytics firm Santiment. During these three weeks, Ethereum whales and sharks collectively acquired around 934,240 ETH, while smaller retail traders sold roughly 1,041 ETH. This divergence in trading activity highlights how large holders are driving…
Nicholas AfterDark ETF: The new Nicholas AfterDark ETF is designed to hold Bitcoin exclusively during overnight hours and switch into Treasuries during U.S. market hours, aiming to take advantage of BTC’s stronger performance outside the U.S., According to crypto analytics firm Velo.xyz, Bitcoin has consistently shown better returns during non-U.S. trading sessions over the past…