The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Gold has popped 4,000% following CFTC's approval in the 1970s, leaving Bitcoin and Ethereum with a similar scaling setup.
Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside. Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at the Binance Blockchain Week, Tom Lee predicted that the Ethereum price could reach $12,000 as Bitcoin rallies to $250,000 within the next few months. He explained that ETH can reach the $12,000 target if the ETH/BTC ratio returns to its eight-year average of 0.0479. Lee described this potential rally to $12,000 as a “huge move.” Related Reading: Ethereum Price To Recover Or Crash? The Real ‘Leverage Point’ Investors Should Know About Tom Lee further predicted that the Ethereum price could reach $22,000 if the ETH/BTC ratio gets to its 2021 high of 0.0873. He added that he believes Ethereum will become the future of finance and the payment rails. As such, Lee predicted that the ETH/BTC ratio could reach 0.2500, sparking an Ethereum rally to as high as $62,500. In line with this, the expert declared that ETH at $3,000 is “grossly undervalued.” Tom Lee also remarked that the bigger the base, the bigger the breakout for the Ethereum price. He noted that ETH spent years building a similar base to its current price action before the move from $90 to its previous all-time high (ATH) of $4,866. The expert added that if the pattern plays out again, the next leg could be larger than what people expect. It is worth noting that Tom Lee is the chairman of BitMine, which is the largest Ethereum treasury company. According to Strategic ETH Reserve data, the company currently holds 3.73 million ETH, which is just over 3% of the altcoin’s total supply. Lee remains bullish on the Ethereum price, despite his company holding an unrealized loss of $3.3 billion of their ETH investment. A Rally To $62,000 Is “Ambitious” Market commentator Milk Road described Tom Lee’s Ethereum price prediction of $62,000 in a few months as being ambitious. The platform stated that an ETH/BTC ratio of 0.25 has never happened. The highest it has ever gone is 0.15, and that was during the 2017 supercycle, which makes it less likely now, given that market conditions have changed. Related Reading: When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market? Tom Lee had based his Ethereum prediction on Bitcoin hitting $250,000, which Milk Road also described as an issue. The market commentator noted that BTC would need to surge 177% from current prices to reach this target. The last time this happened was in 2020 when it surged from $7,000 to $19,000 during the “peak mania.” Notably, BTC didn’t record a 100% gain even when the Bitcoin ETFs launched last year. At the time of writing, the Ethereum price is trading at around $3,000, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
As the gap between spot bitcoin price and the power law widens, investors are left questioning whether mean reversion is coming or if another cornerstone model is approaching its end.
Mass adoption doesn't happen when crypto enthusiasts start using the technology: it happens when your grandma does it without even realizing it, argues Uplink co-founder Carlos Lei.
The crypto market took a sharp breather today after weeks of strong momentum. Bitcoin slipped toward $89,605 after almost touching $100,000, while Ethereum cooled to around $3,034 and XRP dipped near $2.03. The weakness rippled across major altcoins as well, with BNB sliding to $884, Solana dropping to $132, and Dogecoin easing to $0.13. Despite …
Binance’s new co-CEO, He Yi, stated that employees are strictly forbidden from being involved in the creation or promotion of any token projects. She clarified that some community members have used excerpts from Binance’s official posts or employee comments to issue tokens, but these actions are independent and unrelated to Binance. He Yi stressed that …
BPCE's crypto integration signals a shift in traditional banking, potentially accelerating digital asset adoption and regulatory evolution in Europe.
The post French banking giant BPCE will start letting customers buy Bitcoin and major tokens on Monday appeared first on Crypto Briefing.
Shares in the company fell more than 50% this week as the merger approval went forward.
The SEC’s Crypto Task Force scheduled a four-hour roundtable on financial surveillance and privacy for Dec. 15, bringing together zero-knowledge proof developers, civil liberties advocates, and protocol executives to debate whether blockchain privacy tools can coexist with anti-money laundering enforcement. The timing is deliberate. Two months ago, the co-founders of Samourai Wallet received five- and […]
The post Zcash and privacy protocols face a “do-or-die” SEC meeting that determines if developers are personally liable for code appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin has proposed creating a trustless on-chain gas futures market to reduce uncertainty around future transaction fees. He noted that although current fees are low, their future movement remains unpredictable. According to Buterin, such a system would offer clearer market insights, let users hedge against potential spikes, and allow prepayment for gas …
This week’s HYPE price update highlights a sharp shift in sentiment as the broader crypto market downturn pressures Hyperliquid’s native token. Despite strong revenue fundamentals and bold long-term projections, short-term weakness and declining open interest raise important questions for the HYPE price prediction outlook. Revenue Strength Fuels Long-Term Interest in HYPE One of the biggest …
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.
The crypto market has slipped into one of its most unstable phases of the year—a pattern often seen near year-end, but this time the pressure feels different. While major altcoins like Solana are losing momentum, Bitcoin’s retreat below $90,000 has pushed sentiment deep into fear. With the SOL price now drifting toward the crucial $130 …
The Bitcoin price has had a mixed performance over the past week, with both sides of the market divide struggling to establish dominance. In the latest battle between the bulls and bears, the premier cryptocurrency appears to be succumbing to pressure from the latter group. As this weekend approached, the Bitcoin price retreated from its latest local high of around $94,000 to beneath the psychological $90,000 level. This latest correction has prompted questions in the crowd, with investors wondering whether it is just a brief obstacle or the end of the recovery. Why $80,500 Could Be The Next Local Low For BTC In a December 5 post on the social media platform X, Alphractal CEO and founder shared insight into the latest Bitcoin price decline below $90,000. The on-chain expert revealed that losing the $89,800 level is the more relevant occurrence in the latest price downturn. Related Reading: Bitcoin Price Faces Potential 60% Decline As Expert Warns Of ‘Major Bull Trap’ In a previous post on X, Wedson evaluated the likely trajectory of the Bitcoin price should it lose the $89,800 level. The crypto pundit revealed that losing this price mark could lead to an accumulation pattern for the bulls or a redistribution phase for the bears. While the accumulation period for the bulls would initially coincide with lower prices, it eventually leads to a Bitcoin price return to above the latest local high. Meanwhile, a redistribution phase could see the bears push the flagship cryptocurrency to around the $70,000 mark. According to the Alphractal CEO, the price of BTC also failed to hold the key on-chain levels, strengthening the probability of a broader price sideways phase. “Sideways action is the cause — the big pumps or dumps are just the effect,” Wedson had earlier stated in his previous X post. Furthermore, Wedson noted that the next level to watch is $86,500, which, if lost, opens the very high possibility for the formation of a new local low around $80,500. This local low could provide a perfect spot for investors to buy the dip and enter the market. Bitcoin Price Overview As mentioned earlier, the past week has been one of highs and lows for the premier cryptocurrency, plummeting to as low as $84,600 on Monday, December 1. After a shaky start to the month, the Bitcoin price recovered strongly to around $94,000 on Thursday, December 4. As of this writing, the market leader is valued at around $89,415, reflecting an over 3% price decline in the past 24 hours. According to data from CoinGecko, the price of Bitcoin has been down by nearly 10% in the past year. Related Reading: XRP Price On The Verge Of Another Crash, But There’s Still Hope Featured image from iStock, chart from TradingView
The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.
Prior to MiCA, euro-denominated stablecoins' market cap contracted by 48% in the year leading up to June 2024.
This week’s Top crypto analysis reveals a shifting dynamic across XRP, Ethereum, and Dogecoin as ETF inflows and outflows reflect market-wide bearish sentiment. Although XRP ETF products continue to see positive momentum throughout the week, ETH and DOGE ETFs remain under pressure. Many are watching this data, having expectations that it will be reflected in …
The crypto market is very scared right now. The Fear and Greed Index is at 21, and it was even lower at 10 before. Fewer people are searching for Bitcoin on Google, and many investors have become careful after the big crash on October 10. With interest dropping and ETF flows reversing, everyone is asking, …
Western Union will roll out a “stable card” for high-inflation economies and issue its own coin as part of a multi-pillar stablecoin and digital asset strategy.
Pi Network’s native token Pi coin is under new pressure after China’s top financial groups warned against illegal crypto activities and directly named Pi Coin as a risky asset. This has also increased fears that exchanges may delist Pi and that a future Binance listing is unlikely. Meanwhile, Pi price dropped another 7% this week …
Bitcoin (BTC) trades just below $90,000 after a fluctuating week of price action resulted in a net loss of 1.8%. Despite initial hopes of a resurgence in late November, the premier cryptocurrency is now 29.16% away from its all-time high. Going by the price action, popular analyst with the X username PlanD postulates BTC is now in consolidation guided by two major price levels. Related Reading: The $13.5 Billion Liquidity Injection That Could Send Bitcoin And Crypto Prices Flying Bitcoin Moves In Key Range Between $85,000-$93,000, Market Breakout Awaits In an X post on December 5, PlanD provides an update on a continued analysis of the Bitcoin market, stating the crypto market leader appears to be building momentum within a set price range. Notably, recent price action has pushed the flagship cryptocurrency below the lower boundary of a broadening ascending channel between $93,000 and $131,000, raising fears of a bear market. However, Bitcoin has repeatedly rebounded, forming a strong consolidation range between $85,400 and $93,000. PlanD defines the present market condition as Bitcoin being in a decision zone and needing a price breakout to determine its next major direction. The analyst states that if Bitcoin moves to overcome the price resistance at $93,000, its initial price target lies at $100,000. A successful reclaim of this psychological six-figure level would confirm renewed bullish intent and stronger potential for a full market revival. On the other hand, if Bitcoin breaks below the vital support zone at $85,300, investors should expect steeper losses. In this case, PlanD projects a price drop to around $72,000, representing a potential 19% decline from present market prices. Notably, considering the recent market volatility, the ongoing consolidation may close out sooner than expected, to establish a clear market direction. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Bitcoin Price Overview According to data from CoinMarketCap, Bitcoin trades at $89,703, reflecting a price loss of 2.99%. Meanwhile, the daily trading volume is up by 4.56% and valued at $63.16 billion. Following the turbulent price action of the last week, BTC’s price struggles in Q4 continue against previous popular predictions. Still, several bullish indicators could support a rebound before year-end. Key catalysts include a widely anticipated interest rate cut at the upcoming Federal Open Market Committee (FOMC) meeting on December 9–10. In addition, market sentiment is benefiting from speculation that pro-crypto economist Kevin Hassett could succeed Jerome Powell as Federal Reserve Chair in 2026. Featured image from iStock, chart from Tradingview
It was a busy and uneasy week for crypto, with big banks stepping in just as new rules and macro pressures kept traders on edge. Here are the top headlines to catch up on! Canada’s Big Bank Takes $273M Step Into Bitcoin The National Bank of Canada has taken a surprising step into Bitcoin by …
Pi Network continues to struggle for momentum even as major cryptocurrencies rebound. While Bitcoin has climbed back above $94,000 and Ethereum has moved beyond $3,200 in early December, PI has gone in the opposite direction. The token is down about 12% this week and is trading slightly above $0.22, highlighting weak sentiment in the short …
Base launched a bridge to Solana on Dec. 4, and within hours, Solana’s most vocal builders accused Jesse Pollak of running a vampire attack disguised as interoperability. The bridge uses Chainlink CCIP and Coinbase infrastructure to let users move assets between Base and Solana, with early integrations in Zora, Aerodrome, Virtuals, Flaunch, and Relay. These […]
The post Is Base’s Solana bridge a ‘vampire attack’ on SOL liquidity or multichain pragmatism? appeared first on CryptoSlate.
According to a press release from Consob on December 4, 2025, Italy’s securities regulator told crypto and virtual asset service providers (VASPs) that they must secure authorization under the EU’s Markets in Crypto-Assets regime (MiCA) by December 30, 2025, or stop serving Italian clients. Related Reading: A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets The notice warns operators that those who do not file for a MiCA-compliant license must close out services and return customer funds by the year-end. Consob’s Deadline And What It Means For Firms Based on reports, companies that submit an authorization application by the cutoff may keep operating while the application is under review. But that temporary permission will not last beyond June 30, 2026, regulators say. That window gives providers some breathing room, but it also sets a hard date for final approvals. Source: Consob The regulator singled out platforms that until now have worked under Italy’s lighter national registry system (OAM). Those businesses now face a choice: apply to become fully authorized crypto-asset service providers (CASPs) under MiCA or plan an orderly exit. Operators who plan to leave must notify users clearly and return assets in a safe, verifiable way. Italy Opens A Broader Risk Review According to a Reuters report, Italy’s Economy Ministry has also ordered an in-depth review of crypto risks, bringing together the Bank of Italy, Consob and other agencies to check whether current protections are strong enough for investors and the wider financial system. The move came during a committee meeting that flagged rising exposure and the need to monitor spillovers into traditional finance. What Investors Should Watch For Next Customers in Italy should confirm whether their chosen platform has lodged a MiCA application or has made clear plans for compliance or exit. If an operator fails to apply by December 30, users could face service interruptions and will need to follow the provider’s instructions for fund returns. Regulators say transparency from firms will be key in the weeks ahead. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says Smaller local platforms may find the compliance burden steep. Some operators could seek licenses in other EU states and use passporting rules to serve Italian clients, while others may shut down or merge. The provisional operating window stretches into mid-2026, but the final shape of the market will depend on how quickly firms meet the tougher requirements and how long authorizations take to process. Consob’s notice is meant to cut through uncertainty and force a choice before year-end. The combination of a firm deadline, mandatory filings and a parallel review marks a stricter approach to crypto oversight in Italy. Featured image from Unsplash, chart from TradingView
The Celsius bankruptcy case continues to evolve, and the latest update brings a much-needed boost of optimism for creditors who have been waiting months for the next payout. According to CelsiusFactsNumbers, an account that closely follows the case, the estate now holds a substantial amount of money ready for distribution. This follows years of court …
China has issued one of its most forceful crypto warnings to date: Real-World Asset (RWA) tokenization is not welcome at all. Seven major financial associations, including the National Internet Finance Association of China, released a joint notice urging the public and institutions to stay away from RWAs and virtual currencies, calling them risky, unapproved, and …
Bitcoin surprised the entire market today after falling sharply below $90,000, dropping 6%, triggering more than $340.6 million in long liquidations. What confused traders is that this fall occurred without any bad news or major event. At the same time, the Nasdaq, Silver, and the S&P 500 all moved up, while BTC struggled. Silver, S&P …
New York brokerage Clear Street, a key underwriter of the crypto-treasury boom, is planning a $10–12 billion public listing.