Daily futures wipeouts are surging as leverage builds, with a record unwind in October exposing how deeply derivatives now shape Bitcoin’s market cycle.
Ethereum treasuries are collapsing fast. Purchases have dropped 80% in just three months, from 1.97 million ETH in August to only 370,000 ETH in November, showing that companies are rapidly pulling back from the trend. Bitwise has warned that the model is under pressure, and many companies that were buying large amounts of Ether are …
As the Bitcoin price regained strength and surged above $93,000, altcoins bounced strongly today. Ethereum reclaimed levels above $3000, while Solana surged above $140, and Dogecoin reached $0.15. Liquidity rotated back into risk-on narratives, with Gaming Infrastructure, AI-related tokens, memecoins, and Solana’s DeFi ecosystem all showing signs of renewed strength. Early movers across these categories …
American Bitcoin co-founder Eric Trump said volatility was expected from the expiration and that he will hold onto his shares.
Bitcoin has turned itself around with a sharp surge to $92,000, unleashing a fresh wave of short liquidations on the derivatives exchanges. Bitcoin Has Seen A Flash Recovery Back To $92,000 Bitcoin suffered a blow on Monday as its price slipped under $84,000, but just as quickly as it had crashed, the cryptocurrency has made a swift recovery on Tuesday. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? With the asset’s price now floating above $92,000, its price has surged by more than 8% over the last 24 hours. Like is usually the case, Bitcoin hasn’t been alone in this rally; the rest of the cryptocurrency market has also shot up alongside the number one digital asset. Some of the top altcoins have even managed to outperform BTC, with Ethereum (ETH) sitting in a profit of nearly 10% for the past day. The fresh wave of volatility in the sector has triggered a liquidation squeeze in the derivatives market. Crypto Liquidations Have Crossed $400 Million In Last 24 Hours According to data from CoinGlass, the cryptocurrency market as a whole has suffered over $410 million in liquidations during the past day. “Liquidation” here naturally refers to the forceful closure that any contract undergoes after it has amassed a certain percentage of loss (as defined by the platform). Considering that the price action in this window was majorly to the upside, it’s not surprising to see that short contracts made up for most of the derivatives flush. As is visible in the above table, $348 million in short positions found liquidation in the last 24 hours, equivalent to about 85% of the total flush. In terms of the individual symbols, Bitcoin, Ethereum, and Solana were the top three contributors to the liquidation event with $196 million, $95 million, and $18 million in positions, respectively. Just $13 million of the Bitcoin liquidations involved long investors; the rest $182 million in liquidations struck the traders betting on a bearish outcome for the cryptocurrency. A mass liquidation event like this latest one is popularly known as a squeeze. Today’s squeeze involved shorts in an extreme majority, so the event will be termed a short squeeze. During a squeeze, a sharp swing in the price triggers a large derivatives flush, which only ends up feeding back into the price move. The amplified price swing then unleashes a further cascade of liquidations. Related Reading: XRP Crashes 9.5%, But TD Sequential Flashes A Buy Signal Such events aren’t a particularly rare sight in the cryptocurrency market, as assets tend to be volatile and many traders opt for significant amounts of leverage. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
Binance announced co-founder Yi He as co-CEO alongside Richard Teng at Blockchain Week Dubai, as the exchange nears 300 million users. Yi, a former TV host from China who worked at OKCoin before co-founding Binance in 2017 with CZ, excels in marketing, user growth, and product innovation. Teng, ex-Singapore regulator who took CEO role post-CZ’s …
The UK’s Property (Digital Assets etc) Bill received Royal Assent, now law in England, Wales, and Northern Ireland. It declares cryptocurrencies and stablecoins personal property, creating a “third category” beyond traditional tangibles or claims, aiding ownership proof, theft recovery, inheritance, and bankruptcy handling. Roughly 12% of UK adults hold crypto, now backed by statute over …
Chainlink (LINK) Price surged 18%, trading near $14.38. The uptrend came right after the launch of the first U.S. Chainlink ETF. Crypto analysts are also noticing early breakout signs on the chart and believe LINK could be gearing up for a strong rally toward $47. Grayscale Launches First US LINK ETF On December 2, Grayscale …
Pudgy Penguins ($PENGU) Price has shown a strong rebound over the past 24 hours, climbing more than 26% after hitting a low of $0.00956. The collection, based on 8,888 unique NFTs on Ethereum, currently has a market cap of $645 million and a 24-hour trading volume of $123 million. The surge appears linked to strategic …
IBIT options are the ninth largest in the U.S.
The U.S. crypto ETF market slowed after the SEC blocked new high-leverage ETF proposals. Several firms wanted to launch 3x and 5x crypto ETFs, but the SEC told them to change their plans or withdraw. The agency is worried that extreme leverage could create instability in crypto and traditional markets. Why Regulators Pushed Back Bloomberg …
Binance will delist spot trading pairs for StaFi (FIS), REI Network (REI), and Voxies (VOXEL) on December 17 at 03:00 UTC following routine reviews. The exchange assesses assets based on team commitment, development progress, liquidity, network security, transparency, regulatory compliance, token supply changes, and community support. Tokens that don’t meet these standards are removed to …
Cardano (ADA) has opened December under pressure, dropping more than 7% in the past week as broader market sentiment weakens and macroeconomic uncertainty rises. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? ADA is now trading near $0.38–$0.4, testing key support levels and extending a month-long downtrend that has erased recent gains. ADA's price gains some small gains on the daily chart. Source: ADAUSD on Tradingview Macroeconomic Pressure and Market Sentiment Weigh on ADA The latest decline comes amid renewed concerns over global interest rate policy. Comments from Bank of Japan Governor Kazuo Ueda signaled the possibility of a rate hike, a shift that could unwind leveraged positions funded through low-interest yen borrowing. Cardano’s drop aligns with losses seen across the crypto market, with Bitcoin, Ethereum, and other major altcoins also trading lower. High trading volumes, over $1 billion in the past 24 hours, reflect elevated volatility and growing caution among investors. On-chain indicators show dormant ADA wallets from as far back as 2017 moving coins to exchanges, a sign that long-term holders may be preparing to exit positions. Short interest in ADA futures has also increased, with open interest rising 12% over the past week. Traders are betting on a further slide below $0.35 unless ADA can reclaim the $0.40 resistance level. Ecosystem Developments Offer Some Long-Term Support Despite the market downturn, several developments within the Cardano ecosystem continue to generate attention. A $30 million liquidity initiative designed to strengthen Cardano’s DeFi sector is scheduled for rollout in early 2026. The fund aims to boost total value locked by supporting lending, staking, and decentralized exchange activity, areas where Cardano has historically lagged behind competitors. Another upcoming milestone is the launch of the Midnight sidechain on December 8. The privacy-focused network introduces new capabilities around data protection and secure enterprise applications. Some analysts believe the launch could increase Cardano’s adoption and improve sentiment, particularly if it leads to more activity in decentralized finance. Cardano’s long-term technical outlook also remains a topic of debate. Analysts note that ADA is once again touching the support line of a multi-year uptrend. Historically, similar tests have preceded recoveries, with some projecting a possible rebound toward the $0.50–$0.75 range if the market stabilizes. What Comes Next for Cardano (ADA)? The near-term outlook for Cardano remains uncertain. A break below $0.38 could expose the token to further declines toward the $0.30 area, especially if broader market weakness continues. However, strong staking participation, around 70% of circulating supply, may help cushion deeper drawdowns. Longer-term forecasts vary widely, ranging from modest recoveries to highly optimistic projections tied to expected ecosystem upgrades in 2026. Related Reading: Bitcoin Vs. Gold Metric Flashes Rare Signal Not Seen in Market History – See How For now, ADA’s trajectory will depend on whether macroeconomic pressures ease and whether Cardano can translate its upcoming developments into sustained network growth and investor confidence. Cover image from ChatGPT, ADAUSD chart on Tradingview
Bitcoin posted one of the finest recoveries, printing a huge bullish candle and rising by over $5,000 in a day. Following the bullish close, the price sustained gains, hinting at the revival of strong upside action. The BTC price flips the persistent bearish pressure after weeks of uncertainty and renewed selling pressure. With the market …
Crypto exchange Binance appointed co-founder Yi He as co-CEO, tightening its top team as it leans into regulated global expansion.
Coinbase Institutional notes that while the Fed’s end of quantitative tightening and return to the bond market have improved liquidity, a potential positive for crypto, Bitcoin continues to struggle. Key bull market support has been broken, options sentiment is turning bearish, and long-term whales are still selling. Spot ETFs are seeing large outflows, and treasury …
The new leadership role was announced by the current Binance CEO Richard Teng at Binance Blockchain Week in Dubai.
SUI Token has become one of the strongest-performing major cryptocurrencies in the past 24 hours. The SUI price today jumped from $1.35 to around $1.55, rising about 15–20%. Apart from a few meme tokens, SUI recorded the highest daily gain among large-cap assets. The rally comes amid a wave of ecosystem updates, improved market sentiment, …
Glassnode and Fasanara’s year-end report shows record inflows, rising realized cap, and falling volatility, suggesting the latest pullback is a mid-cycle reset rather than the start of a long downturn.
Present market dynamics point to a mid-cycle pullback rather than a full-blown crypto winter, Glassnode and Fasanara argued.
Former SEC Chair Gary Gensler, now a professor at MIT, has repeated his tough stance on crypto in an interview. He warned that most cryptocurrencies are still “speculative and volatile,” offering no real value or clear purpose. However, he hinted at one major digital asset that stands apart. Let’s see what he says about it. …
Despite a 9% recovery on Tuesday, Bitcoin (BTC) has experienced considerable volatility, with its price plummeting to as low as $84,000 just 24 hours ago. This downturn has had a significant impact on Strategy (previously MicroStrategy) the public company that holds the largest BTC reserves, currently boasting over 650,000 coins. Strategy T-Rex ETFs Plummet Nearly 85% NewsBTC reported that the company’s CEO, Phong Le, suggested the possibility of selling some of their Bitcoin holdings in light of the current market conditions. Alongside this, the company’s leveraged exchange-traded funds (ETFs) have also faced substantial losses, intensifying worries about Strategy’s financial health. Reuters highlighted that Strategy’s leveraged ETFs, which are designed to magnify returns on the firm’s stock, have been among the largest casualties of this year’s cryptocurrency slump. Related Reading: You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control? Two specific ETFs, the T-Rex 2X Long MSTR Daily Target ETF and the Defiance Daily Target 2x Long MSTR ETF, have seen dramatic declines, losing nearly 85% of their value this year. Additionally, the T-Rex 2X Inverse MSTR Daily Target ETF has dropped by 48% in the same time frame. In this environment, shares of Strategy, MSTR, have fallen more than 40% this year, driven primarily by Bitcoin’s price crash. Investor attention is now focused on Strategy’s “mNAV” (market net asset value) metric, which compares the company’s enterprise value to its Bitcoin holdings. Following Le’s comments, where he mentioned the firm might consider selling cryptocurrencies if the mNAV drops below 1, concerns grew about the firm’s long-term outlook. Current estimates place this ratio around 1.1, according to calculations by Reuters. Analysts Remain Optimistic Mike O’Rourke, the chief market strategist at JonesTrading, noted that Le’s remarks diminish the company’s message of steadfastness in holding Bitcoin, even amid market volatility. The company has also revised its full-year outlook, warning of a potential profit ranging from $6.3 billion to a loss of $5.5 billion, a stark adjustment from its earlier forecast of $24 billion in net profit. This prior estimate, made on October 30, anticipated Bitcoin reaching $150,000 by year-end. Commenting on the shifting strategies within the firm, Vincenzo Vedda, chief investment officer at DWS, remarked, “Great strategy from Strategy, while prices go up. When they go down, well, the strategic options left to the company are limited.” Related Reading: Here’s What To Expect If The XRP Price Holds $2 Since entering the Nasdaq 100 index, Strategy’s shares have dropped more than 70% from their peak in November 2024, more than halving in value over the year. Despite this dismal performance, analyst sentiments remain relatively optimistic; of the 16 brokerages monitoring Strategy, 10 recommend it as a “buy” while four suggest a “strong buy,” with an overall median price target of $485, reflecting a potential 183% increase over the next year based on LSEG data. When writing, the market’s leading cryptocurrency, Bitcoin, managed to recover the $92,000 line. Featured image from DALL-E, chart from TradingView.com
Key resistance levels were tested, with momentum indicators supporting continued bullish movement.
Former SEC Chairman Gary Gensler said in a recent Bloomberg interview that most cryptocurrencies are extremely risky and speculative. He emphasized that thousands of tokens lack real fundamentals and should be treated cautiously by investors. Gensler highlighted that Bitcoin is different, describing it as closer to a commodity from a regulatory standpoint. According to him, …
The $6,500 call option on Deribit is the most popular, with a notional open interest of over $380 million.
Digital asset treasury stocks surged Tuesday, with Ether-focused firms leading gains up to 12.35% as crypto markets rebounded from the sell-off.
December 3, 2025 06:19:58 UTC Bitcoin Price Prediction Ahead of FOMC Event Markets are shaping a bullish narrative heading into December 10th, with the next key pivot on the 4th. Analysts note two scenarios: if prices rise into the 4th, a short-term reversal downward may follow; if prices drop, upward momentum could continue. Historically, after …
Armed robberies of crypto buyers are rising globally as criminals abandon digital hacks for brutal in-person confrontations.
BlackRock is the largest asset manager in the world, with over $13.4 trillion in assets under management, and operates the largest tokenized cash market fund, worth $2.8 billion.
The recovery followed a washout in derivatives markets, where roughly $457 million in short positions were liquidated in the past 24 hours.
Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone. SOL price started a decent recovery wave above $132 and $135 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $140 and $142. Solana Price Jumps 10% Solana price remained stable and started a decent recovery wave above $130, like Bitcoin and Ethereum. SOL was able to climb above the $135 level. There was a move above the 61.8% Fib retracement level of the downward move from the $145 swing high to the $123 low. Besides, there was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL/USD pair. Solana is now trading above $135 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $145 swing high to the $123 low. On the upside, immediate resistance is near the $140 level. The next major resistance is near the $142 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level. Another Decline In SOL? If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $136 zone and the same trend line. The first major support is near the $134 level. A break below the $134 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $136 and $134. Major Resistance Levels – $140 and $142.