Technical indicators across multiple timeframes point to structural weakness despite brief breakout attempts above $2.05 resistance during overnight trading. News Background XRP continues to face pressure as its weekly performance deteriorates to -7.4%, adding to the multi-session downtrend dominating early December. Despite persistent weakness in price, institutional demand remains strong via U.S. spot XRP ETFs,…
Memecoin faces rejection at $0.1409 resistance while institutional flows surge to 480M tokens, creating divergence between technical weakness and fundamental strength. News Background Dogecoin continues to struggle beneath the $0.14 threshold despite strong accumulation trends and a spike in network activity. On-chain data shows whales purchased 480 million DOGE between December 2–4, lifting total large-holder…
Today is a pivotal and dangerous moment for crypto. In my twelve years in this space, I have never seen the conditions we’re experiencing now, even in our most bearish cycles. Individually, these signals would be disconcerting. Together, they are signs of a major potential crisis. Whatever happened to calls for utility or onboarding the…
U.S. President Donald Trump took office early this year, with at least part of his 2024 election victory thanks to voters who took to heart campaign promises about a crypto-friendly administration. So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing an executive order rescinding Biden-era policies, establishing the President’s Working Group…
Bitcoin’s BTC$88,201.78 recent slide may feel ominous, but K33 Research analyst Vetle Lunde says December could mark a turning point for the cryptocurrency. After its steepest correction since the last bear market, the firm sees more evidence for a rebound than another collapse. BTC has been weighed down by a wave of selling, much of…
Glassnode’s latest weekly report highlights similarities between current market conditions and the early stages of the 2022 bear market, otherwise known as crypto winter. The first metric that suggests stress is the elevated risk of top buyer capitulation. Glassnode’s supply quantiles cost basis, which tracks the cost basis of supply held by top buyers, shows…
Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum…
The amount of Ether stored on centralized crypto exchanges is at an unprecedented low, which could result in a supply squeeze, say analysts. Ether (ETH) exchange balances fell to 8.7% on Thursday last week, the lowest they have been since the network launched in mid-2015. The amount of the asset held on exchanges remained low…
French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC…
South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit. The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when…
