Fears tend to mount whenever an OG crypto whale starts shifting funds, but this one used it to double down on the blockchain network.
BitMine now holds over $10 billion in Ether, doubling down on its strategy to accumulate 5% of the supply despite being underwater on its total position.
XRP price started a fresh decline below $2.10. The price is now struggling and faces resistance near the $2.050 pivot level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $2.00. XRP Price Dips Again XRP price attempted a recovery wave above $2.150 but failed to continue higher, like Bitcoin and Ethereum. The price started a fresh decline below $2.10 and $2.050. There was a move below the $2.00 support level. A low was formed at $1.984, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2.275 swing high to the $1.984 low. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.050 level. The first major resistance is near the $2.120 level. There is also a bearish trend line forming with resistance at $2.120 on the hourly chart of the XRP/USD pair. It is near the 50% Fib retracement level of the downward move from the $2.275 swing high to the $1.984 low. A close above $2.120 could send the price to $2.20. The next hurdle sits at $2.250. A clear move above the $2.250 resistance might send the price toward the $2.2850 resistance. Any more gains might send the price toward the $2.350 resistance. The next major hurdle for the bulls might be near $2.40. More Losses? If XRP fails to clear the $2.050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.00 level. The next major support is near the $1.9850 level. If there is a downside break and a close below the $1.9850 level, the price might continue to decline toward $1.920. The next major support sits near the $1.880 zone, below which the price could continue lower toward $1.820. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.00 and $1.9850. Major Resistance Levels – $2.050 and $2.120.
Global markets were hit with sudden volatility today after Japan’s bond market spiked to levels not seen since 2008. The yield on Japan’s 2-year government bond surged above 1% for the first time in almost two decades. This sharp jump may look small on a long-term chart, but it represents a major move for a …
Legislative efforts gained momentum as South Korean President Lee made developing a Korean won-stablecoin market one of his key initiatives.
A Solidity engineer proposed a protocol earlier this year using zero-knowledge proofs and transaction relayers to enable a Secret Santa-like feature on Ethereum.
Market positioning implies a meaningful probability of sub-$80K BTC to start 2026, Derive's Forster said.
Data shows the Ethereum Open Interest has shot up by more than 4% following the sharp move down in the cryptocurrency’s price. Ethereum Has Seen A Pullback Over The Past Day The cryptocurrency sector as a whole has witnessed a plunge to kick off the new month, with Bitcoin and Ethereum both being down by more than 5% over the last 24 hours. ETH is back in the low $2,800 levels, having essentially retraced the recovery that it had made during the last week of November. Related Reading: Newbie Bitcoin Whales Capitulating, But Old Hands Stay Silent The sudden price decline has unleashed a wave of liquidations on the derivatives exchanges, leading to $158 million in Ethereum-related contracts being flushed. Of these, $140 million of the liquidations involved long positions alone. Below is a heatmap from CoinGlass that breaks down the liquidation numbers related to the various digital asset symbols. Interestingly, while notable liquidations have occurred, derivatives investors still haven’t become discouraged. ETH Open Interest Has Gone Up Since The Dip As pointed out by CryptoQuant community analyst Maartunn in an X post, the Ethereum Open Interest has witnessed a sharp jump following the price decline. The “Open Interest” here refers to an indicator that measures the total amount of positions related to ETH that are currently open on all centralized derivatives platforms. Here is the chart shared by Maartunn that shows the trend in this metric over the past couple of days: As displayed in the above graph, the Ethereum Open Interest initially collapsed alongside the price drop as long positions suffered forceful closures. As ETH’s bearish momentum tapered off and the price settled into a sideways rhythm, however, the metric saw a gradual reversal in direction, indicating that speculators have started opening up fresh positions. Since the dip, the ETH Open Interest has gone up by almost $654 million, equivalent to an increase of 4.3%. “Looks like the gamblers are back for another round,” noted the analyst. Historically, a high value on the metric has generally been something that has led to volatility for the cryptocurrency. This is because an extreme amount of positions implies the presence of a high amount of leverage in the sector. In these conditions, any sharp swing in the asset can induce a large number of liquidations in the market. These liquidations only feed back into the price move that caused them, making it more intense. Related Reading: Bitcoin Puell Multiple Plunges, But Not Inside Bottom Zone Yet An example of this pattern was already seen during the past day. With the Ethereum Open Interest now rising again, it remains to be seen whether more volatility will follow. Featured image from Dall-E, CryptoQuant.com, CoinGlass.com, TradingView.com
Bitcoin bulls' hopes for rate cuts to lower bond yields and the dollar are challenged by signals from the Treasury and the FX market.
Ethereum price started a fresh decline below $2,880. ETH is now attempting to recover from $2,720 but the bulls might face resistance. Ethereum started a fresh decline below $2,880 and $2,800. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $2,850 zone. Ethereum Price Attempts Recovery Ethereum price failed to stay above $2,950 and started a fresh decline, like Bitcoin. ETH price declined below $2,880 to enter a bearish zone. The bears even pushed the price below $2,800. A low was formed at $2,718 and the price is now attempting to recover. There was a move above the $2,750 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $3,052 swing high to the $2,718 low. Ethereum price is now trading below $2,850 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $2,820 level. There is also a short-term bearish trend line forming with resistance at $2,820 on the hourly chart of ETH/USD. The next key resistance is near the $2,880 level or the 50% Fib retracement level of the downward move from the $3,052 swing high to the $2,718 low. The first major resistance is near the $2,920 level. A clear move above the $2,920 resistance might send the price toward the $3,000 resistance. An upside break above the $3,000 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,050 resistance zone or even $3,150 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,880 resistance, it could start a fresh decline. Initial support on the downside is near the $2,760 level. The first major support sits near the $2,740 zone. A clear move below the $2,740 support might push the price toward the $2,720 support. Any more losses might send the price toward the $2,650 region in the near term. The next key support sits at $2,550 and $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,880
A Bitcoin surge could intensify market volatility, triggering a short squeeze that amplifies price spikes and impacts leveraged trading dynamics.
The post Bitcoin’s rise to $96.9K could trigger $9.6B short position liquidation appeared first on Crypto Briefing.
In a strategic move, Tether has shifted its reserve strategy, reducing its exposure to treasuries while increasing allocations to Bitcoin and gold. The USDT issuer has shown a notable reduction in government debt exposure, paired with an expanded position in hard assets known for durability and independence from traditional financial systems. Treasury Exposure Drops Amid Changing Macro And Regulatory Landscape Stablecoin giant, Tether, has reduced its US Treasury holdings and increased its Gold and Bitcoin reserves. CryptosRus reported on X that Tether is quietly repositioning itself for what the company expects to be the Federal Reserve’s (FED) next round of rate cuts. Related Reading: Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market According to BitMex founder Arthur Hayes, Tether’s latest reserve update shows a clear shift away from the US treasuries and deeper into BTC and gold, a sign that the company is positioning for a changing macro environment. Furthermore, the Standard & Poor (S&P) Global noted that Tether is now leaning more heavily into assets with larger price swings in value, warning that this mix could expose USDT if markets turn volatile. Meanwhile, the current S&P Global rating on Tether remains weak. Thus, Tether CEO Paolo Ardoino has pushed back, saying that the company holds no toxic assets. He claims that its rapid growth reflects a broader shift towards new financial systems that operate outside the traditional banking world. Why Attempts To Break Tether Are Difficult In Practice Crypto analyst Ted Pillows has also offered insight into the Tether Fear Uncertainty and Doubt (FUD) as it is making its usual rounds again. The narrative is latching onto the company’s latest attestation, showing a notable shift into Gold and Bitcoin to offset declining interest income. Meanwhile, if these risk assets drop by 30%, Tether’s equity buffer could evaporate, creating an environment where Tether will be insolvent, and panic will kick in. Related Reading: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans However, Ted is steadfast and believes that Tether has been through a decade of this same FUD, and USDT is still sitting at $1.00. They’re fully liquid, but they operate on a fractional-reserve model, much like traditional banks. As long as redemptions remain normal, everything will work smoothly. A problem will only arise if there’s an irrational panic, and then liquidity stress could hit quickly. According to Ted, the USDT isn’t fully backed by cash, but it’s backed by a diverse portfolio that includes the US treasuries, yield-generating assets, and some risk assets. This is all scaled to a massive $174 billion stablecoin. “If someone wants to kill USDT, it’s possible, but I highly doubt it,” Ted noted. Featured image from Pixabay, chart from Tradingview.com
Bitcoin price started a fresh decline below $88,000. BTC is now attempting to recover but upside might face hurdles near $88,000. Bitcoin started a fresh decline below the $88,000 zone. The price is trading below $87,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line with resistance at $86,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,500 zone. Bitcoin Price Attempts Recovery Bitcoin price failed to stay above the $90,000 zone and started a fresh decline. BTC dipped sharply below $88,500 and $88,000. The bears even pushed the price below the $86,500 level. A low was formed at $83,870 and the price is now correcting losses. There was a move above the $85,000 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $91,928 swing high to the $83,870 low. Besides, there was a break above a short-term bearish trend line with resistance at $86,000 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $88,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $87,250 level. The first key resistance is near the $88,000 level or the 50% Fib retracement level of the downward move from the $91,928 swing high to the $83,870 low. The next resistance could be $88,500. A close above the $88,500 resistance might send the price further higher. In the stated case, the price could rise and test the $90,000 resistance. Any more gains might send the price toward the $91,500 level. The next barrier for the bulls could be $92,000 and $92,500. Another Decline In BTC? If Bitcoin fails to rise above the $88,000 resistance zone, it could start another decline. Immediate support is near the $85,500 level. The first major support is near the $85,000 level. The next support is now near the $83,500 zone. Any more losses might send the price toward the $82,500 support in the near term. The main support sits at $81,200, below which BTC might accelerate lower in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $85,500, followed by $85,000. Major Resistance Levels – $87,250 and $88,000.
New analysis showed models including Claude Opus and GPT-5 uncovered millions in simulated vulnerabilities across blockchains.
YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors.
The crypto market has spent years arguing about Tether’s reserves – sometimes with more hyperbole than substance – but the latest debate is sharper and more revealing than usual.
The six-billion-parameter model is beating Flux2 on hardware from 2019, and the open-source community is going wild.
The FDIC chief said it will supervise and license subsidiaries of FDIC-supervised institutions that seek to issue stablecoins.
Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%.
According to market observers, this week could mark a turning point for XRP as five spot ETFs trade at the same time for the first full week. 21Shares’ XRP fund (TOXR) launched today, joining Bitwise, Grayscale, Franklin Templeton and Canary Capital. Reports have disclosed that ETF inflows have already topped Over $660 million in less than a month, with zero outflows across 10 consecutive trading days. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice 5 ETFs Trade Together Bitwise recently increased its XRP holdings to 80 million tokens. ETF managers now hold more than $687 million in assets, which represents just over 300 million XRP on record. 21Shares debuted with a $500,000 seed basket and charges a 0.50% management fee. Based on reports, competition among issuers will reveal how aggressively these funds plan to keep buying over the long term. Demand Model A price-path sensitivity simulation run by Mohamed Bangura was shared by analysts and taken up by commentators. The model used a baseline ETF demand of 74.5 million XRP per day, total exchange supply of 2.7 billion XRP, and an escrow release of 300 million XRP every 30 days. Next week is a big milestone for XRP. We will have the first full week of trading with 5 pure spot ETF’s running in competition. It’s going to tell us ALOT by the end of week what we can expect for these funds acquiring XRP for the long term. https://t.co/S3TENqa4PP pic.twitter.com/LQ48QLKcgh — Chad Steingraber (@ChadSteingraber) November 30, 2025 Elasticity values of 0.2, 0.5 and 1.0 were tested over 180 days. The outcomes showed that low elasticity can rapidly drain exchange-held supply, while higher elasticity can produce sharper price spikes as OTC liquidity absorbs flows. That result has many traders watching liquidity statistics closely. Liquidity Pressure Builds Jake Claver, CEO of Digital Ascension Group, warned that private OTC and dark-pool channels may be running thin. He estimated that about 800 million XRP of private liquidity was absorbed in the first week of ETF accumulation. Because much ETF buying happens off-exchange, price action has not yet matched the tightening supply, and markets may see more abrupt moves when funds are forced to source coins from public exchanges. Whales Reshuffle Balances Meanwhile, reports have disclosed changes among large holders. The top 10,000 wallets now hold 51.39 billion XRP, or about 85% of circulating supply. In one day, 78 new wallets took in 77.324 million XRP. One wallet reportedly collected 35 million XRP, another grabbed 3.63 million, and six wallets added 1.99 million each. ???? XRP RICH LIST SHOCKWAVE (11/29/2025) ???? Fresh data shows the top 10,000 wallets now control 51.39B+ XRP, and today’s ledger activity screams new whales + stealth accumulation. 78 new accounts grabbed 77M+ XRP in one day. 246 existing wallets increased balances by another… pic.twitter.com/wpXZMJUQpI — XRP ???? Army | Chacha72kobe4er (@Mullen_Army) November 30, 2025 Up to 44 new wallets were reported to have amassed over 300 million XRP each, while 246 existing wallets increased their combined balance by 17.91 million XRP. Those moves point to quiet accumulation during recent market weakness. Related Reading: $300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up What Comes Next Analysts say the current setup is a test of liquidity more than a simple demand story. ETF holdings of roughly 300 million XRP are sizable but still small compared with potential daily demand if inflows stay high and additional funds launch. If OTC channels dry up and ETFs must buy on exchanges, volatility could rise quickly. Traders and portfolio managers will be watching order books, OTC reports and ETF filings in the coming days to see how the supply picture changes in practice. Featured image from Trading News, chart from TradingView
Vanguard's inclusion of crypto ETFs signals a significant shift in traditional finance, potentially increasing mainstream crypto adoption.
The post Vanguard platform now lists Bitcoin, Ethereum, XRP, and Solana ETFs appeared first on Crypto Briefing.
Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune.
Placeholder VC’s Chris Burniske sees one of the best long-term setups for Bitcoin building in the background – but he is clear that the real opportunity likely lies lower, with a potential test of levels near $56,000 still ahead. On X, Burniske argues that the current sentiment environment is exactly what eventually produces outsized returns, while warning that it is still early for aggressive deployment. “There’s so much pessimism and short-term thinking on crypto assets these days that the R/R is tilting towards optimism and long-term, sized, high-conviction positions in distressed, public, cryptoassets,” he writes. “That said, the time isn’t yet now, imo.” Bitcoin Bear Market Not Over Yet He reiterates a framework he first shared when Bitcoin was trading at $109,000: “I shared my view @ $109K that BTC only starts to get interesting < $75K, and a revisit of the 200W SMA is always possible (~$56K currently, will trend higher), with all of those numbers still representing a mellow bear.” For Burniske, a move into that band – and even a touch of the 200-week simple moving average – would not mean a structural breakdown, but a more orderly, “mellow” bear market reset. He adds a blunt caveat: “Can we go lower? Sure. Pay your taxes and let’s see what 2026 brings.” Related Reading: Analyst Sets Bitcoin Next Target At $95k-$96k – Here’s Why That patience extends beyond Bitcoin to the broader crypto complex. As an example, he highlights Monad’s MON token, where Placeholder is a venture investor. He describes MON as “one of the highest quality teams to launch in the last few years,” arguing it “sits at a tenth of the FDV of previous high-flyers in its category, while having superior tech & design choices across the board.” For him, MON’s price action is symptomatic of the broader reset: “Observing discourse & price-action around MON … shows how much repricing is happening.” Burniske sees that repricing as necessary rather than catastrophic. “More broadly, the vicious repricing happening in crypto is cathartic,” he says. “Everyone is taking their licks, and smart ones will learn and adapt.” In his framework, tokens are “liquid venture,” and the failure rate should be treated accordingly: “Most crypto assets should go to zero — this is liquid venture, what did you expect?” Related Reading: Newbie Bitcoin Whales Capitulating, But Old Hands Stay Silent The flip side is that a small minority of assets will, in his view, be marked down far too aggressively as “babies are thrown out with the bathwater.” For those, timing and conviction matter more than ever: “there are going to be a handful that reprice far too low … and having the conviction, at the right time, to be optimistic when the consensus is pessimistic will once again yield 10-100X’s.” For now, Burniske’s message to would-be Bitcoin bottom fishers is straightforward: the structural risk–reward is improving, but a convincing bottom may still require a deeper break – potentially toward the rising 200-week moving average around $56,000 – before long-term, high-conviction capital truly steps in. At press time, Bitcoin traded at $85,872. Featured image created with DALL.E, chart from TradingView.com
The launch of these ETFs could increase institutional interest and investment in the crypto market, potentially boosting liquidity and market stability.
The post New XRP and SOL ETFs from REX Shares to launch tomorrow appeared first on Crypto Briefing.
Similar to major assets in the cryptosphere, Dogecoin (DOGE) is facing renewed selling pressure as broader crypto market weakness intensifies, pushing the memecoin below several key technical levels. Related Reading: $300 Million Crypto Bet: Kazakhstan’s Central Bank Gears Up The decline occurs amid outflows, a weakening market structure, and fading speculative interest, raising questions about whether a deeper correction may be underway. DOGE's price trends to the downside on the daily chart. Source: DOGEUSD on Tradingview Dogecoin Breaks Key Supports as Selling Pressure Mounts Dogecoin slipped below important support areas after breaking a bullish trend line on the hourly chart, continuing a multi-day downtrend. The price now trades below the 100-hour simple moving average, near $0.13, with MACD momentum strengthening in the bearish zone and the RSI remaining below 50. The coin declined more than 8% in 24 hours, falling through multiple Fibonacci retracement zones and failing to regain footing above the 23.6% level of the latest swing move. Analysts note that immediate resistance lies near the 50% retracement of the recent decline. A close above that threshold is needed to ease short-term downside pressure. Failure to break above these resistance areas has kept momentum tilted toward sellers, with a retest of recent lows likely if the market does not stabilize. Weak Flows and Derivatives Contraction Deepen Market Strain Spot market flows show persistent distribution. Recent data revealed a $5.7 million outflow, extending the multi-month trend of reduced accumulation from large holders. Earlier inflows that supported rallies toward $0.30 have given way to steady red prints, reflecting waning confidence among major players. Derivatives markets reinforce the weakening structure. Open interest has dropped more than 9% as traders unwind positions rather than add exposure during declines. Long-short ratios show a mild long bias, but price action has repeatedly invalidated those positions, triggering waves of long-side liquidations whenever DOGE attempts to rise above short-term moving averages. These repeated failed rallies have kept Dogecoin locked beneath declining EMAs between $0.154 and $0.202, a structure analysts say remains firmly bearish. DOGE ETF Disappointment and Market Rotation Add Further Pressure Dogecoin’s recently launched ETFs have not provided support. Combined inflows from major issuers barely surpassed $2 million, far below expectations and significantly weaker than the debut flows seen in Bitcoin or Ethereum funds. The soft demand has signaled limited institutional appetite for the memecoin, contributing to negative sentiment. Related Reading: XRP Hit By Violent 59% Leverage Flush As Speculators Slam The Brakes Meanwhile, market rotation is moving toward utility-focused assets and payment-driven networks. Declining volume and low whale activity suggest traders may be shifting away from meme assets in favor of projects showing faster adoption and real-world use cases. Cover image from ChatGPT, DOGEUSD chart from Tradingview
Institutional interest in Solana ETFs suggests a shift in crypto investment trends, potentially impacting Bitcoin's dominance in the market.
The post Cantor Fitzgerald reveals 58,000 share position in Volatility Shares Solana ETF appeared first on Crypto Briefing.
Binance co-founder Changpeng "CZ" Zhao and YZi Labs are seeking a management overhaul at publicly traded BNB treasury, CEA Industries.
Vanguard's platform services more than "50 million brokerage customers" who manage "over $11 trillion," Bloomberg said.
Famed GTA developer Dan Houser said models trained on synthetic data could degrade game quality as creators rapidly adopt AI tools.
Cardano is entering a very important phase in its development, as its founding institutions are attempting to deliver the core infrastructure that every major blockchain already treats as standard. On Nov. 27, a new proposal sought community approval to allocate 70 million ADA tokens (worth about $30 million) to onboard tier-one stablecoins, custody providers, cross-chain […]
The post How Cardano plans to use $30M to bring real liquidity to the network appeared first on CryptoSlate.