Expert market analyst Tom Lee says 2026 could be a powerful year for both crypto and stock markets. In a recent video, Lee explained why he believes the coming year offers one of the most attractive setups for investors in years, especially for Bitcoin and Ethereum. Lee points to one major driver that is U.S. …
XRP’s derivatives market has undergone a marked regime shift, with leverage collapsing and funding normalising in a way that signals a clear retreat from aggressive speculative positioning. The strongest evidence comes from Glassnode’s latest post on November 30, which frames the current phase as a structural, not merely tactical, pause in XRP leverage. XRP Derivatives Unwind Accelerates “XRP’s futures OI has fallen from 1.7B XRP in early October to 0.7B XRP (~59% flush-out). Paired with the funding rate dropping from ~0.01% to 0.001% (7D-SMA), 10/10 marked a structural pause in XRP speculators’ appetite to bet aggressively on upside,” Glassnode’s CryptoVizArt wrote on X. Open interest at 1.7 billion XRP in early October reflected a heavily leveraged market, with large notional positions stacked in futures and perpetuals. The subsequent collapse to 0.7 billion XRP implies that around one billion XRP of derivatives exposure has been closed, liquidated, or otherwise unwound. Such a reduction is not just a marginal trimming of risk; it is a wholesale deleveraging that strips out a large part of the speculative layer sitting on top of the spot market. Related Reading: XRP Flashes ‘Classic Accumulation Sign’ — Major Breakout Soon? The funding-rate move is equally telling. A 7-day SMA around 0.01% had previously indicated a consistent long bias, with traders willing to pay a recurring fee to maintain leveraged upside exposure. The compression to roughly 0.001% pushes funding close to neutral. In perpetual futures, that transition typically occurs when demand for leveraged longs fades and the market no longer tolerates a meaningful premium to hold long positions. Glassnode’s description of October 10 crash as the point that “marked a structural pause” captures this shift in regime: the market moved from persistent long crowding to a far more cautious, balanced stance. The November 30 post sits on top of a broader context Glassnode has been documenting through November. Related Reading: Analyst Teases $7.50 XRP Moonshot But Only After A Final Flush In November 8, the firm highlighted how profit taking has behaved during the recent drawdown: “Unlike previous profit realization waves that aligned with rallies, since late September, as XRP fell from $3.09 (~25%) to $2.30, profit realization volume (7D-SMA) surged by ~240%, from $65M/day to $220M/day. This divergence underscores distribution into weakness, not strength.” Rather than de-risking into strength, profitable holders have been realizing gains as price fell, reinforcing the deleveraging signalled by futures data. On November 17, Glassnode turned to supply dynamics, noting that “the share of XRP supply in profit has fallen to 58.5%, the lowest since Nov 2024, when price was $0.53. Today, despite trading ~4× higher ($2.15), 41.5% of supply (~26.5B XRP) sits in loss — a clear sign of a top-heavy and structurally fragile market dominated by late buyers.” Those on-chain figures provide the background to the 30 November derivatives snapshot: a market whose ownership is skewed toward late entrants now sits on substantial unrealized losses, while the leverage that previously amplified upside has been largely flushed. Taken together, Glassnode’s data on futures open interest and funding rates crystallise the current state of XRP: a violent 59% leverage reset, a near-neutral funding regime, and a speculative cohort that has stepped back from paying for upside, all layered on top of a top-heavy holder base. At press time, XRP traded at $2.04. Featured image created with DALL.E, chart from TradingView.com
Sony Bank is reportedly pursuing a US license and partnering with Bastion as it develops a 2026 dollar stablecoin connected to its growing Web3 unit, BlockBloom.
The crypto market today opened in December on the back foot as Bitcoin slipped toward $86,100, setting off another round of selling across major coins like Ethereum, Solana, Dogecoin, and Cardano. Profit-booking and weak sentiment pushed the market deeper into the red, keeping traders cautious after a rough November. While prices continue to struggle, a …
Sony Bank's upcoming stablecoin is designed to be mainly used by U.S. customers of Sony's games and anime content.
Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.
Expectations are rising for a rate cut at the upcoming Fed meeting, as traders on Polymarket are now almost certain the Federal Reserve will lower rates by 25 basis points. Just two weeks ago, the market was split on whether the Fed would act, but recent events and Fed comments have shifted sentiment strongly toward …
Bitcoin mining in China is rising again. From dominance to ban to resurgence, this makes an engaging story.
Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.
Sony Bank is gearing up to launch a USD-pegged stablecoin in the U.S. by early fiscal 2026, targeting seamless payments for gaming, anime, and Sony’s content ecosystem. It applied for a U.S. banking license in October through subsidiary Connectia Trust, facing resistance from community banks over regulations. The stablecoin will use Bastion’s blockchain tech for …
Cooling US labor data is shifting growth expectations, rate paths and liquidity, creating new macro pressures for Bitcoin and the broader crypto market.
Spot ether ETFs saw $1.42 billion exit the funds last month, marking their largest monthly outflow to date.
After clearing the hearing, a company typically moves on to prospectus registration, followed by marketing, book-building and pricing.
Despite the bearish trend that has dominated the crypto market, the meme coin PIPPIN has stood out, flying green while others stalled. Over the weekend, the meme coin emerged as one of the top gainers, rising by more than 50% and doubling its value in only a few days. Interestingly, one crypto analyst had previously called out the PIPPIN rally, predicting that the price would rise. But even with the major rally so far, the analyst’s total prediction is yet to play out completely. The Breakout That Started It All In the analysis, Edoardo Telve points to the first breakout that began all of this for the PIPPIN price. This had come after the meme coin had suffered an extended accumulation range, which began back in March, lasting for seven months in total. This allowed the meme coin to form a structural bottom that allows for the kind of expansion that it has seen so far. Related Reading: Dogecoin ETFs Flat At Launch, But TA Points To $1 If This Support Holds Once the breakout began, the PIPPIN price began to destroy resistance after resistance, leading to what the analyst calls “ the cleanest, strongest bullish shift the chart has shown all year.” As a result, all of the resistances that had prevented true breakouts in the past have been promptly covered. Amid this, there have been a number of areas of interest that have emerged, and the price staying above them suggests that the bullish trend continues to hold. The analyst refers to these levels as the 4EMA cluster, ranging between $0.02, $0.03, and $0.05. As long as the price remains above these levels, it means that the PIPPIN will maintain its strong upward momentum. Where Is The PIPPIN Price Headed? So far, the PIPPIN price has expanded rapidly, rising over 400% in the last week. The Sunday rally saw it touch above $0.19, stopping just short of $0.2. Despite this impressive rally, the analyst says the best may be yet to come. Related Reading: XRP Price At A Critical Turning Point: Analyst Maps Out Simple Rules For Breakout Telve points to factors such as the rising volume, strong impulsive candles, and lack of sharp rejection wicks as indications that the current rally is being driven by buyers as opposed to this being a liquidity grab. The PIPPIN price has also put in higher lows and maintained support above key resistance levels, as well as holding above the 4EMA stack pointed out by the analyst. As the meme coin continues to maintain the current expansion phase, the analyst believes that $0.3-$0.32 remains the final target. Interestingly, this level is historically a large supply zone, suggesting that this is where the sell-offs might begin in full bloom. Featured image from Dall.E, chart from TradingView.com
Ripple, a well-known financial technology company, has received official approval to expand its payment services in Singapore. This is a strong step that could help Ripple speed up the adoption of its digital tokens, including XRP and its new stablecoin RLUSD. However, this approval comes right after another major win in Abu Dhabi, where ADGM …
Bitcoin Price crashed ahead of Federal Reserve Chair Jerome Powell’s highly anticipated speech today. The crypto market saw a massive sell-off, and BTC Price fell below $86,500, wiping out over $144 billion from the total crypto market in just a few hours. Ethereum, XRP, and Solana followed suit, pulling altcoins down with Bitcoin. The crypto …
Bitcoin experienced a sharp $4,000 drop over the weekend, triggering $527 million in liquidations and affecting 177,000 traders. The sell-off was structural, not fundamental, driven by thin weekend liquidity and record leverage in futures markets. Key support levels to watch are $84K–$86K (ETF average cost) and $80K–$82K (short-term holder realized price). With the Fed ending …
New data reveals significant activity among XRP’s top 10,000 wallets, which now hold over 51.39 billion XRP. On November 29, 78 new accounts accumulated more than 77 million XRP in a single day, while 246 existing wallets added nearly 18 million XRP. Meanwhile, 78 large wallets were fully emptied, releasing over 108 million XRP for …
Bitcoin Price today saw a sharp price crash, falling below $86,500 and triggering a crypto market crash. BTC Price dropped from around $91,300 to nearly $87,000 within hours, wiping over $144 billion off the total crypto market cap. Why Is the Crypto Market Down Today? The market was already under pressure from concerns about inflation, …
Nate Geraci, President of The ETF Store, posted on X that the first U.S. spot Chainlink ETF (GLNK) launches this week, December 2. Grayscale will convert its Chainlink Trust, formed in 2020 with $30M AUM into a publicly tradable ETF on NYSE Arca after SEC clearance under Section 8(a). It tracks LINK spot price plus …
Yearn Finance’s yETH product was targeted in an exploit where an attacker minted nearly unlimited yETH in a single transaction, draining around 1,000 ETH ($3 million). Some funds were sent to Tornado Cash, and blockchain data shows the attack used several newly deployed contracts that self-destructed afterward. The full extent of the losses is still unclear. …
HashKey Holdings, Hong Kong’s top licensed crypto exchange operator, passed its HKEX listing hearing on November 30, 2025, advancing its IPO plans with sponsors JPMorgan, Guotai Haitong, and Guotai Junan. In 2024, it hit HK$81.9B ($10.5B) trading volume and HK$721M revenue but reported losses from expansion. As of August 2025, it holds HK$1.657B cash and …
Japan’s 10-year bond yields surged to 1.86%, the highest since 2008, threatening to unwind the yen carry trade that funneled trillions into risk assets.
Ripple has also made several acquisitions this year to expand its business and institutional-focused offerings, with the latest being crypto custody and wallet company Palisade.
The People’s Bank of China reasserted the country’s crypto ban, claiming trading had reemerged and vowed to crack down on stablecoins.
Japan just sent a shock through global markets. The country’s 10-year government bond yield jumped to 1.85%, its highest level since 2008, marking a major break from the ultra-low rate environment Japan has lived in for decades. The move is already being called one of the most important signals for global liquidity heading into 2026. …
Dogecoin started a fresh decline below the $0.150 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE price started a fresh decline below the $0.150 level. The price is trading below the $0.1450 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1520 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.150 and $0.1450. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it closed below $0.1520, like Bitcoin and Ethereum. DOGE declined below the $0.150 and $0.1450 support levels. More importantly, there was a break below a key bullish trend line with support at $0.1520 on the hourly chart of the DOGE/USD pair. The price even traded below $0.1380. A low was formed near $0.1369, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1566 swing high to the $0.1369 low. Dogecoin price is now trading below the $0.1450 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1420 level. The first major resistance for the bulls could be near the $0.1465 level and the 50% Fib retracement level of the downward move from the $0.1566 swing high to the $0.1369 low. The next major resistance is near the $0.1490 level. A close above the $0.1490 resistance might send the price toward the $0.1520 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1620. More Losses In DOGE? If DOGE’s price fails to climb above the $0.1465 level, it could continue to move down. Initial support on the downside is near the $0.1370 level. The next major support is near the $0.1350 level. The main support sits at $0.1330. If there is a downside break below the $0.1330 support, the price could decline further. In the stated case, the price might slide toward the $0.1250 level or even $0.1240 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1350 and $0.1250. Major Resistance Levels – $0.1420 and $0.1465.
The cryptocurrency market has slipped into the red zone. Bitcoin has once again dipped below the $90k mark and Ethereum has crashed to $2800. Amid this tense situation, Sharplink CEO Joseph Chalom has opened up about a possible Ethereum supercycle. In an interview with Milkroad, he said that a few years ago, explaining Ethereum to …
December 1, 2025 05:55:32 UTC Ethereum Price Prediction, Ahead of Key Events Next Week Ethereum is consolidating around the $3,000 mark with limited weekend price action, but next week could bring volatility. Key events include the end of QT and Fed Chair Powell’s speech on December 1, followed by the Fusaka upgrade on December 3. …
HashKey Holdings, Hong Kong’s first fully regulated crypto exchange, has cleared its listing hearing with the Hong Kong Stock Exchange (HKEX). This major approval, announced on Dec. 1, puts HashKey on track to become the city’s largest licensed virtual asset exchange. The listing is backed by JPMorgan Chase, Guotai Haitong Securities, and Guotai Junan International. …