Onchain money market funds have grown nearly 10-fold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks.
The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.
UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision.
The approval lets Securitize operate at the market-infrastructure layer, going beyond its earlier brokerage and transfer-agent permissions.
Binance’s latest move targets demand from traditional wealth clients and asset managers taking their first steps into the crypto space.
Ethereum’s price has spent the past several days under intense pressure. The leading altcoin has broken below $3,000 and is now probing deeper into ranges that were previously considered secondary support. The latest technical read points to a single leverage point on the chart that now determines whether this recovery attempt can continue or whether the market is preparing for another leg lower. Where The Real Leverage Sits: $2,830 To $2,835 Ethereum’s price decline in November recently pushed it into a demand zone around $2,680 on November 21, where buyers finally stepped in to produce a 10% rebound back up to $2,970. The RSI trendline, which had been sloping downward for weeks, has now been reclaimed. This shift is significant because it indicates that momentum is no longer deteriorating at the same pace as before. Related Reading: Ethereum Dead Cat Bounce Puts Price At $3,400, But What’s The Ultimate Target? Even with that bounce, the cryptocurrency has not fully escaped danger. This is based on a technical outlook by a crypto analyst known as Umair Crypto on the social media platform X. The most important finding in the technical analysis is not the bounce itself but the location of the largest recent whale orders. Roughly 4,000 to 5,000 ETH blocks were executed between $2,830 and $2,835. That narrow band has now become the market’s true leverage point. As long as the Ethereum price is trading above $2,835, these whales are in profit. The psychological impact of that cannot be overstated, as large players do not usually abandon positions that are above their entry zone. This is why the price has repeatedly reacted within tight candles around this level, and there is always a possibility for a rebound if Ethereum continues to hold this area. Momentum will build naturally as trapped shorts unwind and sidelined buyers follow the strength in trading volume and RSI. The Bigger Breakdown Starts Below $2,770 Failure to hold above the leverage zone between $2,830 and $2,835 will lead directly into the second important leverage at $2,770. If Ethereum were to close below this level, the same whales who supported the bounce would instantly become vulnerable. Their positions would move underwater, and many of them may be forced to become sellers. Related Reading: Why Are The Bitcoin, Ethereum, And Dogecoin Prices Down Again? This zone is visible with the clusters of red circles visible at lower points on the short-term chart below. A breakdown under $2,770 would reopen the lower part of the support box and drag Ethereum back to its lowest price level since June. Ethereum is currently trading at $2,908, up by 1.5% in the past 24 hours and just a little bit above the recognized leverage zone between $2,830 and $2,835. Featured image from iStock, chart from Tradingview.com
Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, a pending MSCI decision on crypto-focused firms and stress in BTC derivatives.
The token has support around the $2.16 level and resistance at $2.31.
Launched in 2013, Xapo also offers bitcoin-backed U.S. dollar loans of up to $1 million and interest-bearing bitcoin and fiat accounts.
S&P Global Ratings downgraded Tether’s USDt to its lowest stability rating, raising concerns over its dollar peg. Tether classified the report as “misleading.”
Bitcoin’s recent slide below $80,000 has triggered a wave of sleep disruption across the retail trading community, according to a new report from CEX.io. The flagship digital asset has since rebounded to about $88,000, but the roughly 31% drawdown from its recent peak left many investors monitoring prices through the night. This behavior has moved […]
The post Struggling to sleep? You’re not alone – How Bitcoin’s recent price crash is affecting other traders IRL appeared first on CryptoSlate.
Bloomberg Senior ETF analyst Eric Balchunas predicts over 100 new crypto ETFs will launch in the next six months.
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC's next stop?
Cardano (ADA) is once again dealing with an unstable market stretch as its price hovers near one-year lows, but renewed optimism is building ahead of December’s long-awaited Midnight launch. Related Reading: The Bull And Bear Scenario For XRP That Could Play Out In November Despite persistent criticism over declining network usage and shrinking DeFi liquidity, fresh technical signals and upcoming ecosystem catalysts suggest the blockchain may be preparing for a recovery phase into year-end. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview ADA Slumps as Liquidity and Sentiment Weaken Cardano (ADA) trades around $0.41, marking a steep 70% decline from its December 2024 peak of around $1.2 and placing the token among the weakest performers in the latest market pullback. Total value locked has plunged 36% in 30 days to $186 million, while stablecoin liquidity sits below $40 million, far behind competitors such as Monad, which neared $100 million in TVL shortly after launch. The “ghost chain” narrative resurfaced again this week after network glitches prompted jokes about Cardano’s low activity. Even Nansen’s CEO predicted ADA could fall out of the top 20 as rivals gain traction in real-world assets, gaming, and high-volume DeFi. Still, founder Charles Hoskinson insists the gloomy sentiment does not reflect what’s coming. In a recent update, he emphasized that Midnight, Cardano’s privacy-focused sidechain launching in December, is backed by major developer partnerships expected to reignite the ecosystem. Technical Structure Points to a Potential Relief Rally Despite bearish pressure, ADA’s chart shows signs of stabilizing. The token is forming a falling-wedge pattern, historically a bullish reversal indicator. The RSI sits at 30, signaling oversold conditions, while derivatives funding has turned positive, suggesting traders are positioning for upside. Key resistance levels lie at $0.49 and $0.5097, with a breakout potentially driving price toward $0.50–$0.61. Analysts warn, however, that failure to hold the $0.39–$0.40 support range could expose ADA to deeper downside toward $0.277, the August 2023 low. Midnight Launch Becomes Cardano’s Make-or-Break Catalyst With DeFi activity shrinking and market confidence fragile, the December rollout of Midnight is emerging as the pivotal moment for Cardano’s 2025 outlook. Success could trigger a meaningful rebound in TVL and development activity, metrics traders increasingly rely on as proof of real adoption. Related Reading: Capriole Founder Not Bearish On Bitcoin Despite Headwinds—Here’s Why For now, ADA remains in consolidation mode, but the convergence of oversold technicals, whale accumulation, and ecosystem upgrades sets the stage for a possible year-end upside, if Cardano can finally convert anticipation into measurable on-chain growth. Cover image from ChatGPT, ADAUSD chart from Tradingview
The fund, which could be listed on NYSE Arca, would be the first ETF tied to a privacy coin, following several other listings from Grayscale and asset managers.
Tether responds to S&Ps downgrade of USDT, citing $135B in Treasuries, $13B profit, and critical use in global payments.
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XRP may be positioned for a major rally that reshapes its broader market outlook. In a detailed analysis shared on X, crypto strategist Chad Steingraber outlines calculations showing how expanding ETF activity could set the stage for a 100-fold move, pushing XRP toward $225 per token. His commentary consolidates a series of demand-and-supply assessments that map the structural forces he believes define XRP’s potential rally, signaling a market phase increasingly driven by institutional participation. Mapping XRP’s Path To A 100x Rally At $225 According to Steingraber, XRP’s path to $225 follows a series of milestones. He projects a fivefold rise to $11.25, tenfold to $22.50, twentyfold to $45, fortyfold to $90, sixtyfold to $135, and ultimately a 100-fold increase to $225. Each step reflects the interaction between supply absorption and price adjustment: as ETFs acquire more XRP, price rises, moderating the rate of accumulation and maintaining balance in the market. In Steingraber’s view, the only outcome is a sharp rise in XRP’s price. Related Reading: Attack On Cardano Founder Leads To Network Halt, What Really Happened? While XRP’s current market performance shows a 1.8% decline over 24 hours and an 8.4% decline over two weeks, Steingraber emphasizes that these short-term fluctuations are minor compared to structural forces. ETF-driven demand and institutional acquisition are poised to create a supply-demand imbalance that pushes XRP far beyond its current trading range. Overall, his analysis frames XRP’s potential 100x rally to $225 as a structural outcome of institutional participation, ETF inflows, and supply scarcity. Price increases are essential to slow the rate at which asset managers acquire the token, making the rally a logical response to market mechanics rather than a speculative prediction. How ETF Inflows Shape XRP’s Supply Dynamics Steingraber’s series of projections illustrates how XRP could be absorbed at a pace capable of significantly reducing its circulating supply within a short period. Under conservative estimates of $33.6 billion in annual inflows, he believes that most of the available XRP could be acquired within a year. More aggressive scenarios involving major asset managers such as BlackRock could see the entire circulating supply absorbed in less than six months. Related Reading: Will The Low XRP Price Force Ripple To Dump Its Holdings? Exec Answers Community To illustrate the scale of demand, he breaks down current acquisition rates: seven major funds are taking in an average of $20 million per day each, totaling $140 million daily, $700 million weekly, and $2.8 billion monthly, amounting to $33.6 billion annually. At XRP’s current price of $2.20, these inflows would allow institutions to accumulate massive quantities of the token, creating rapid scarcity. This dynamic makes a substantial price increase unavoidable, as higher prices slow accumulation under fixed allocations and prevent ETFs from depleting the market too quickly. XRP’s rising price is therefore not just a market reaction but a structural requirement to maintain balance amid large-scale institutional buy-ins. Featured image created with Dall.E, chart from Tradingview.com
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Filing comes amid rapid growth in IBIT options activity and a migration of open interest toward US regulated venues.
The controversy highlights the ongoing tension between sports figures and the ethical challenges surrounding digital asset ventures.
The post Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale appeared first on Crypto Briefing.
Democratic staff on the House Judiciary Committee gathered data on President Donald Trump's crypto businesses that reportedly gained his family massive wealth.
S&P Global downgrades Tether's stability rating to its lowest level, citing reserve exposure and governance concerns affecting USDT.
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Texas has taken the first formal step toward becoming the first US state to hold Bitcoin as a strategic reserve asset. On Nov. 25, Lee Bratcher, president of the Texas Blockchain Council, reported that the world’s eighth-largest economy, valued at $2.7 trillion, purchased $5 million worth of BlackRock’s spot Bitcoin ETF, IBIT. He added that a […]
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The deal for FTX-linked MIAXdx puts Robinhood and Susquehanna in direct competition with Kalshi and Polymarket as interest in prediction markets heats up.
Just when traders got used to price declines on the Wednesday ahead of Turkey Day, bitcoin pulled a reversal higher.
Executives from EtherFi, Gnosis and Ready unpack how cheap L2s, new fiat rails and self-custody are turning “crypto cards” into global neobanks.
The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.
Major banking institution selects XLM network for programmable digital currency pilot program
The XRP price is currently at risk of a crash as crypto analyst Umair has revealed that the altcoin has formed a death cross. Notably, this same pattern formed the last time that XRP suffered a 15% crash. XRP Price At Risk With Death Cross Forming In an X post, Umair stated that a death cross was forming on the daily chart for the XRP price. He further noted that the last time the altcoin printed this setup, it crashed by 15%, which, the analyst said, lines up perfectly with a potential decline to the $1.50 range. As such, he suggested that XRP could face the same outcome, since the same ingredients have formed. Related Reading: XRP Price Will Climb Above $10 When This Happens: Analyst Umair also mentioned that the chart was building a tight range between $1.90 and $2.08, a range which he described as the entire decision maker. He explained that if the XRP price can stay inside this band and spend time there, then it could form a month-long consolidation needed for a real base. However, if the XRP price fails to hold this range, then there is nothing stopping it from crashing to the $1.50 zone, according to the crypto analyst. He noted that this is exactly where the previous breakdown logic pointed. He also raised the possibility of another scenario playing out for XRP. Umair stated that if the XRP price wicks below $1.82 but snaps back inside the $1.90 and $2.08 range, then that could mark the bottom. However, if the altcoin closes below this range, then the range loses integrity, and XRP could begin its freefall. It is worth mentioning that XRP had dropped to as low as $1.8 last week but has since reclaimed the psychological $2 level. $1.65 Could Mark The Bottom For XRP Crypto analyst CasiTrades has predicted that the macro .618 support near $1.65 is likely to mark the bottom for the XRP price. This came as she noted that the altcoin was seeing a relief bounce for subwave 4. The analyst added that she expects XRP to backtest the $2 or $2.09 resistance before heading down to complete the final wave of this correction at $1.65. Related Reading: Pundit Reveals Why XRP Price At $1,000 Is Not A Dream – ‘It’s Math’ CasiTrades noted that this aligns extremely cleanly with Bitcoin. She explained that the BTC price came close to its own macro .382 retracement but hasn’t fully made it yet. The analyst expects BTC to finish its correction at $80,000, as XRP price makes its last move to $1.65. Once those levels are hit, CasiTrades expects the structure to flip bullish fast. The analyst predicts that Bitcoin will begin its Wave 5 into new highs while the XRP price and other altcoins kick off their macro Wave 3. She declared that they will begin their move together, but with different strengths because they are in different positions in the broader market cycle. At the time of writing, the XRP price is trading at around $2.17, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com
Upexi raises $23M to expand Solana treasury, aiming to acquire more SOL tokens and strengthen its digital asset exposure.
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