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Chainlink (LINK) experienced a significant price drop after failing to break through the $13.5 resistance level, currently trading near $12 support. This rejection led to a decrease in open interest, indicating that traders with leveraged positions were forced to sell. Market indicators suggest ongoing weakness, and a sustained bullish trend is unlikely unless LINK can successfully rise above the $15-$16 range. The price decline is 5.01% for the day and 5.9% overall with a market capitalization of $8.6 billion. To reverse the current trend, Chainlink needs to reclaim $15-$16 and break through $19.53 resistance, which are currently acting as barriers to price appreciation. Indicators such as MACD and CMF are not showing bullish signs at the moment.

MYX Finance is currently trading around $2.40, close to a support level between $2.20 and $2.30. A break above $3.5 with strong trading activity could push the price towards $6, potentially reaching $8.5. However, if the price falls below $2.4, it could drop further to $2.00. For the next 24 hours, the expected range is $3.25 to $3.60, with a possible upside to $4.00 and a downside to $2.00. Pump.fun is trading between $0.0038 and $0.0050, just below a resistance trendline. A break above $0.0031 could trigger a rally towards $0.0035. Conversely, falling below $0.0025 and then $0.0022 could lead to a significant price decrease. The anticipated range for the next 24 hours is $0.0031 to $0.0040, with a potential upside to $0.0052 and a downside to $0.0020. Both cryptocurrencies are at critical levels, with price movements heavily dependent on trading volume and overall market sentiment.

Japan is planning to introduce a flat 20% tax on crypto profits starting in 2027, according to a proposal by the Financial Services Agency (FSA). This is a significant change from the current system where crypto earnings are taxed as miscellaneous income, potentially reaching as high as 55% for high earners. The goal is to simplify the tax framework, ease the burden on investors, and modernize Japan's approach to crypto. The proposal, supported by the government, aims to create a fairer system similar to how stocks are taxed, potentially making crypto investing more appealing. The FSA plans to present an official bill in early 2026, which will be part of a broader amendment to the Financial Instruments and Exchange Act, including enhanced investor protection measures. Crypto losses may be used to offset crypto profits and carried forward for multiple years. This tax change primarily impacts individual retail investors, complementing the 2023 removal of taxes on unrealized gains for corporate crypto holdings.

Bitcoin miners are currently experiencing extremely low profitability due to a significant drop in hashprice, which fell from $55/PH/s to around $35/PH/s in November. This decline means that many miners are earning less than their operating costs, with the median cost for major public miners being around $44/PH/s. As a result, miners are prioritizing preserving their cash and managing their debt. Some, like CleanSpark, are repaying credit lines. Many miners are raising capital, having raised billions in debt and equity in recent quarters, with a shift toward higher-cost debt options. The network hashrate is also nearing record highs, meaning that miners will need over 1,000 days to recover the costs of their equipment, which is longer than the time remaining until the next Bitcoin halving.

The U.S. Commerce Department plans to invest $150 million in xLight Inc., a semiconductor startup led by former Intel CEO Pat Gelsinger. This investment, made through the Chips Research and Development Office, aims to support xLight in developing an alternative laser system for extreme ultraviolet lithography (EUV), challenging the current market dominance of Dutch company ASML, which sources laser technology from Germany. The goal is to create a U.S.-made alternative that could offer American fabs a new option and potentially revive Moore's Law. Pat Gelsinger's involvement comes after his departure from Intel, where he had initiated a strategy to expand Intel's chip manufacturing capabilities, including new fabs in the U.S., which resulted in significant debt for the company. The Trump administration had previously invested in Intel to bolster U.S. chip production.

The Federal Deposit Insurance Corporation (FDIC) will introduce a regulatory framework for US dollar-backed stablecoins this month, according to acting chair Travis Hill. This initiative follows the GENIUS Act, signed into law in July, which designates the FDIC as the primary regulator for bank-issued stablecoins. The FDIC's role includes establishing capital requirements, liquidity rules, and diversification standards for stablecoin reserves to ensure issuers can handle redemptions even during market instability. A proposal outlining the application process for stablecoin issuers will be released this month, with another proposal detailing prudential standards planned for early next year. The Treasury Department is also developing regulations for non-bank stablecoin issuers. The FDIC is also preparing guidance on tokenized deposits, aligning with recommendations from the President's Working Group on Digital Asset Markets. The Federal Reserve is collaborating with other regulators to develop capital and liquidity standards for the stablecoin sector. These regulatory efforts aim to provide clarity on digital asset activities for banks and supervisors.

The cryptocurrency XRP and Bitcoin are currently experiencing uncertain market conditions. The article also questions whether the typical end-of-year stock market rally, often referred to as the "Santa Claus rally," will occur for the Nasdaq stock exchange this year, suggesting potential underperformance.

Vanguard, a large investment firm, has listed XRP spot ETFs (Exchange Traded Funds) on its brokerage platform. These ETFs are listed under the "Non-Vanguard Funds" section, within the broader category of Digital Assets. This listing comes as inflows into XRP-related investment products have exceeded $756 million.

Huione Pay, a payment platform, has halted operations and blocked customer withdrawals, leading to user panic. The company claims this is due to a surge in withdrawal requests and liquidity issues, with the shutdown expected to last until January 5. Customers are being offered two options: invest their funds in high-yield products for repayment within 18 months with interest, or receive monthly installments after a six-month waiting period. This suspension follows regulatory actions, including the National Bank of Cambodia suspending Huione Pay's license in June for violating financial regulations. In May, the U.S. Treasury Department's FinCEN identified the Huione Group, Huione Pay's parent company, as a money-laundering institution, accusing it of serving transnational fraud networks. Cryptocurrency exchange Upbit also closed over 200 accounts linked to the Huione network due to suspicious activity.

Ethereum developers are progressing towards deploying a ZK Secret Santa system. The system uses zero-knowledge technology, meaning it protects the identities of participants, making it impossible to know who gifted to whom. The initiative is moving closer to being launched on the Ethereum blockchain. This development highlights ongoing efforts to enhance privacy and security within the Ethereum ecosystem.

Ethereum developers are working to deploy a "ZK Secret Santa" system. This system utilizes zero-knowledge (ZK) technology, allowing participants to send gifts anonymously within a group. The technology ensures privacy, as senders and recipients remain hidden, improving upon traditional gift exchange methods. The developers are moving closer to making this application available for use on the Ethereum network.

SUI's price is dropping due to a combination of factors. A recent token unlock released about $68 million worth of SUI, increasing the supply and leading to selling pressure. The technical indicators for SUI are also weak, with the price falling below key moving averages. The price is currently hovering around $1.32, a critical support level. If it falls below this level, it could drop to $1.00. The broader crypto market is also experiencing liquidations and declining open interest, further hurting SUI. A key level to watch is $1.53; reclaiming this could improve the outlook. Upcoming CPI data on December 5th is expected to increase market volatility.

XRP whale wallets, defined as those holding a substantial amount of the cryptocurrency, collectively hold over 48 billion XRP tokens. This concentration of XRP in whale wallets is the highest it has been since 2018, occurring even as the price of XRP and the overall number of XRP wallet addresses have decreased. Santiment has highlighted this trend in recent weeks.

Vanguard, the second-largest asset manager globally with approximately $11 trillion in assets and over 50 million clients, is now allowing its brokerage clients to trade crypto-linked ETFs and mutual funds on its US platform, starting December 2, 2025. This marks a significant shift from the company's previous resistance to offering crypto products. The change means clients can access funds holding cryptocurrencies like Bitcoin, Ether, XRP, and Solana, provided these funds meet regulatory standards. This decision follows the success of Bitcoin ETFs like BlackRock's IBIT, which rapidly accumulated around $70 billion in assets. While Vanguard will support third-party crypto ETFs and mutual funds that meet regulatory requirements, it will exclude products focused on memecoins and has no plans to launch its own crypto products, maintaining a cautious stance on direct crypto exposure.

Dogecoin (DOGE) has experienced a significant price drop, falling over 8% in a single day and breaking through key support levels. This decline is happening alongside negative trends, including money flowing out of Dogecoin, reduced interest in Dogecoin-related investments like derivatives, and weak demand for new Dogecoin ETFs. Large investors are selling off their holdings, and traders are closing their positions. Also, new Dogecoin ETFs aren't attracting the expected investments. The market is also shifting towards cryptocurrencies with real-world uses, further diminishing the appeal of meme coins like Dogecoin. Unless Dogecoin can overcome resistance levels, the price is likely to keep falling. If buyers don't come in soon, the price correction may get worse.

Samsung has released its first trifold smartphone, the Galaxy Z TriFold, which will initially be available in South Korea on December 12th for approximately $2,449. The phone boasts a 10-inch display when unfolded and features 16GB of memory and 512GB of storage. Initial releases will also include China, Taiwan, Singapore, and the United Arab Emirates, with a planned launch in the United States in the first quarter of 2026. This launch is considered a limited test run to gather user feedback on durability, hinge design, and software. The phone is thicker than some of Samsung's other foldable models and has a redesigned battery system to support the larger display and multitasking capabilities. This launch happens amidst increasing competition in the foldable phone market, particularly from Chinese companies like Huawei and Honor, who are also developing trifold devices and expanding their market presence.

Solana's price is currently around $126, having decreased by about 31% in the past month. However, there are emerging indicators suggesting a potential buyer comeback, with the Relative Strength Index (RSI) showing signs that selling pressure may be slowing down. The Chaikin Money Flow (CMF) also indicates increasing buyer activity. Solana's spot ETFs are maintaining positive inflows, with cumulative inflows exceeding $605 million, suggesting continued interest from larger investors. For a true recovery, Solana needs to consistently stay above $141, a level it hasn't maintained since November 13th, which would require a 12% price increase. Key resistance levels after that are around $173 and $187. Failure to hold above $121 could lead to further price declines, potentially jeopardizing the positive signals from the RSI and CMF.

The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to release its initial draft rules for stablecoin issuers under the GENIUS Act by the end of this month. These guidelines will outline the application process for stablecoin issuers seeking federal supervision and will focus on essential financial standards, including capital, liquidity, and reserve management. Separately, the FDIC is developing guidance for tokenized deposits, acting on recommendations from the Presidents Working Group. Following the release of the draft rules, the public will be invited to provide feedback, which will be used to refine the final version of the stablecoin regulations, to be implemented gradually. Other agencies like the Federal Reserve and CFTC are also involved in regulating digital assets, with the CFTC now allowing stablecoins in U.S. derivatives markets.

XRP has dropped 9.5% in value, trading around $2. An analyst points out that a Tom Demark (TD) Sequential indicator, which can signal potential price reversals, shows a buy signal for XRP on its weekly price chart. This signal appears after nine periods of price decreases, suggesting the downward trend might be ending. A similar signal appeared for Ethereum, indicating a potential sell-off, and Ethereum's price has since decreased.

Hong Kong's ambition to become a stablecoin hub is facing challenges due to a recent warning from the People's Bank of China (PBOC). The PBOC reaffirmed its stance against cryptocurrencies, explicitly stating that stablecoins are not legal tender in mainland China and pose risks of illegal activities. This statement has cast doubt on whether Hong Kong can become a key regulated hub for stablecoins, especially considering the potential impact on licensing for stablecoin issuers and the use of stablecoins involving mainland China. The Hong Kong Monetary Authority (HKMA) is currently reviewing over 30 applications for stablecoin licenses, with the first approvals expected in early 2026. However, the PBOC's warning could delay this timeline, especially for projects involving the yuan or mainland Chinese institutions. While the HKMA aims to proceed with its plans, the recent developments suggest that institutions from mainland China may need to postpone their plans to issue stablecoins in Hong Kong.

Huione, a Cambodian lending firm sanctioned by the United States and linked to illicit cryptocurrency activities, has reportedly ceased operations following a bank run. The US Treasury Department sanctioned Huione in January 2024, citing its involvement in a Chinese transnational criminal organization engaged in online scams and money laundering, including the use of cryptocurrency. The closure follows a period of financial instability and a loss of public confidence, leading to customers withdrawing their funds. The exact amount of assets affected is not specified in this report.

Tom Lee of Fundstrat believes Bitcoin could reach a new all-time high by the end of January. He attributes this prediction to an expected recovery in equities and a potentially more accommodating Federal Reserve policy. Lee suggests that previous market downturns were triggered by concerns about the Federal Reserve's hawkish stance and deleveraging events similar to the FTX collapse. He anticipates that the market is recovering from this deleveraging and will soon be more receptive to positive catalysts. Lee also points to the end of the Federal Reserve's quantitative tightening and a possible interest rate cut in December as factors that could boost crypto prices. His firm, BitMine Immersion Technologies, has recently purchased 7,080 ETH worth $19.8 million, bringing their total holdings to 3.73 million ETH, valued at $10.43 billion, representing over 3% of the total supply.

Vanguard, a major investment firm managing $11 trillion in assets, will now permit its customers to trade Bitcoin and other cryptocurrency ETFs (exchange-traded funds) and mutual funds. This decision reverses Vanguard's previous stance against cryptocurrency investments and reflects growing investor interest in these assets.

Anthropic tested AI agents' ability to exploit vulnerabilities in blockchain smart contracts. The AI agents successfully stole a simulated total of $550.1 million from 207 out of 405 real-world contracts attacked between 2020 and 2025 on Ethereum, Binance Smart Chain, and Base. When focusing on contracts with vulnerabilities appearing after March 1, 2025, the AI agents extracted $4.6 million. Furthermore, the AI agents uncovered two previously unknown vulnerabilities in live Binance Smart Chain contracts, initially worth about $3,694 and potentially $19,000, costing about $1.22 per contract to scan. The research also showed that the cost of using AI to find and exploit these vulnerabilities is decreasing rapidly, while the potential profit for attackers is increasing.

Bitcoin is currently trading around $87,000, near its recent eight-month low. Traders are watching closely to see if Bitcoin will stabilize or fall further in the next 24 hours. The price recently bounced from a demand zone between $83,500 and $85,500, indicating some buying interest. Short-term indicators suggest a possible recovery, but the price needs to break above $88,500 to confirm a bullish reversal. The expectation is for Bitcoin to consolidate around its current level. A continued rally could push the price towards $88,000 or even $91,500, but renewed selling pressure could drop it to $84,000. Liquidity inflows are rising as whales appear confident.

South Korea's ruling party is pushing the government to finalize stablecoin legislation, setting a deadline of December 10 for submission. Lawmaker Kang Jun-hyeon has threatened to introduce a legislator-initiated bill if the government fails to meet this deadline. The proposed legislation is expected to involve a consortium led by banks and financial regulators for stablecoin issuance, with the goal of regulatory control over the stablecoin market to protect South Korea's monetary sovereignty. President Lee Jae Myung has prioritized stablecoin development to counter the influence of U.S. dollar-based stablecoins. Discussions have focused on regulatory mechanisms and the scope of stablecoin issuance under the new law. The party aims to introduce the bill during the regular session and secure passage in January.

The founder of Pulse Digital Marketing, Shane Cook, is questioning why the Shiba Inu team has not reported the Shibarium Bridge hack to authorities. The bridge was exploited nearly three months ago, resulting in a loss of over $3 million in user funds.

BitMine Immersion Technologies has significantly increased its Ether holdings, spending almost $70 million to purchase more ETH during a recent market downturn. The company now holds approximately 3.7 million ETH, aiming for 5% of the total Ether supply. Chairman Tom Lee believes Ether is following a growth pattern similar to Bitcoin's early days, despite current market volatility. BitMine's recent purchases include 7,080 ETH for $19.8 million on Monday and 16,693 ETH for $50.1 million over the weekend. The company also announced that Chi Tsang will replace Jonathan Bates as CEO.

The U.S. Federal Deposit Insurance Corporation (FDIC) is expected to release its initial guidelines for stablecoins this month. These guidelines are being created under the framework of the GENIUS Act, a piece of legislation designed to provide regulatory clarity for digital assets. The release of these guidelines represents a significant step towards establishing a regulatory framework for stablecoins in the United States.

Anthropic demonstrated that AI models can successfully exploit vulnerabilities in smart contracts, potentially leading to significant financial losses in the DeFi space. In a simulated environment, AI agents exploited just over half of 405 smart contracts previously hacked between 2020 and 2025, stealing about $550.1 million in value. When focusing on newer contracts exploited after March 1, 2025, AI models were still able to find and exploit vulnerabilities in 19 contracts, representing $4.6 million in simulated stolen value. Furthermore, the models were able to identify two previously unknown vulnerabilities in recently deployed Binance Smart Chain contracts, extracting $3,694 in simulated value. The study also found that the cost to execute these exploits is decreasing over time. Anthropic emphasizes that while AI can be used for malicious purposes, it can also be used to audit and improve the security of smart contracts.

Pi Network's co-founder, Chengdiao Fan, suggested in a 2023 interview that Pi's price increase hinges on overcoming challenges within the broader cryptocurrency industry over the next three to five years. These challenges include improving public understanding of crypto, establishing clear regulations, and developing real-world applications for cryptocurrencies beyond speculative trading. Fan emphasized Pi Network's focus on building social applications with crypto incentives and leveraging its large community. She highlighted that Pi's future value depends on its utility and innovation, not just hype. Pi Network's price previously peaked at $2.98 in February 2023 but subsequently dropped significantly and remains below $0.30.

Coinbase Institutional has adjusted its COIN50 Index, which tracks the performance of the top 50 cryptocurrencies available on Coinbase. Six new cryptocurrencies, Hedera (HBAR), Mantle (MANTLE), VeChain (VET), Flare (FLR), Sei (SEI), and Immutable (IMX), have been added to the index. As a result of this quarterly rebalancing, six cryptocurrencies, SKL, AKT, LPT, SNX, HNT, and CVX, have been removed from the index. This update ensures the COIN50 Index remains current with market activity and the leading cryptocurrencies.

South Korea's inflation rate remained steady at 2.4% in November, the same as in October. This is concerning because it suggests that prices are not decreasing as quickly as policymakers had hoped. The weak South Korean currency is making imports more expensive, and businesses are raising prices to cover increased production costs. The reversal of fuel-tax subsidies also led to higher fuel prices, increasing the cost of goods and services. The housing market in Seoul remains strong, and adverse weather conditions have disrupted the supply of crops, livestock, and fishery products. Economists believe the Bank of Korea is unlikely to lower interest rates soon because of inflation concerns, and board members are divided on whether lowering rates would help the economy or worsen inflation. The Bank of Korea has also raised its inflation outlook for 2025.

Ripple, a company focused on blockchain technology, has secured 700 million XRP tokens, setting them aside for December. This action precedes the planned release of XRP tokens from Ripple's escrow account in December 2025. No XRP has been released from escrow for December of this year yet.

Dogecoin's price briefly dropped below a significant price level. It is unclear whether this drop is a temporary false signal or the beginning of a more substantial price decline.

Japan is considering a flat 20% tax on crypto profits, a significant decrease from the current progressive tax system that can reach up to 55%. This proposed change aims to encourage domestic crypto trading by aligning crypto taxation with that of stocks and investment trusts. The tax will be divided between the government (15%) and regional authorities (5%). This is expected to be included in the 2026 tax reform package. The Japanese Financial Services Agency (FSA) is also planning regulatory changes to classify crypto as a financial product under the Financial Instruments and Exchange Act, effective in 2026. This reclassification will allow institutions like banks and insurance firms to offer crypto products, subject to compliance with insider trading and securities disclosure rules. The FSA is also creating a whitelist of about 150 approved tokens, with assets not on the list facing tighter restrictions. This new framework aims to remove compliance barriers for institutions and establish clear regulatory categories for crypto assets, making it easier for institutions to manage and sell approved assets.

A Ripple executive is urging XRP to learn from Solana's successes to stay competitive in the evolving cryptocurrency market. The executive, Luke Judges, who has experience with Solana, suggests XRP needs to focus on faster development, better tools for developers, and aligning technical decisions with real-world uses. He highlights Solana's speed and user-friendliness as key factors in its growth, even with its imperfections. Judges warns that ignoring the strengths of other networks like Solana could hurt XRP's development. He emphasizes that XRP should improve its appeal to developers, adjust how validators (who verify transactions) are compensated to prevent them from leaving, and turn technical achievements into clear benefits for businesses and regular users. The message is that XRP must adapt quickly to remain relevant in the next phase of blockchain adoption.

Avalanche (AVAX) is showing signs of a potentially large price movement soon, based on technical analysis. A Wolfe Wave pattern is forming, suggesting a breakout is likely. AVAX is also testing a major resistance level on its weekly chart. If it breaks above this level, it could confirm the bullish outlook. The $11-$8 range is considered a good buying opportunity for long-term investors. The current setup is similar to what happened in September 2023 before a significant rally. Traders are advised to monitor price action and market sentiment closely. AVAX is currently trading around $13.06, with a market capitalization of approximately $6.3 billion and strong trading volume.

Bitcoin's price increased following a speech by Federal Reserve Chair Jerome Powell. The market's expectation of a potential interest rate cut by the Federal Reserve in December became less certain after Powell's remarks. This uncertainty influenced Bitcoin's trading activity.

Huione Pay, a Cambodian payment platform accused of money laundering, has halted all services until January 5, 2026, due to a massive wave of withdrawals. Users are now facing delayed repayment plans, creating widespread panic and fear of losing their funds. The company is offering two options: investing in high-yield financial products with an 18-month wait for full principal return, or a six-month wait followed by small monthly withdrawals. This crisis follows previous regulatory issues, including the revocation of Huione Pay's license by Cambodia's central bank in June 2024 and U.S. sanctions labeling the Huione Group as a major money-laundering institution. Financial authorities across Asia are closely monitoring the situation.

Japan's government has launched a new initiative called DOGE (Department of Government Efficiency) to reform special tax measures and subsidies. This effort is aimed at finding ways to address a potential 1.5 trillion yen revenue shortfall caused by possible tax abolitions. A dedicated office has been established with 30 staff members to review tax incentives and subsidies, focusing on their effectiveness. The government is also seeking public feedback on which subsidies should be reviewed before the end of the year. This initiative is inspired by a similar US program but aims for a more measured and substantive approach. Major reforms are expected to begin in fiscal year 2027, following a careful evaluation of existing tax measures and subsidies, and aims to pinpoint those incentives that promote growth. The government plans to use objective metrics to assess the programs, moving away from subjective evaluations.

Vanguard, a very large investment firm managing $11 trillion in assets, is changing its policy on cryptocurrency investments. Starting December 2, 2025, Vanguard will allow its customers to trade certain cryptocurrency-related investments like Bitcoin and Ether ETFs (Exchange Traded Funds) and mutual funds on its platform. This means customers will be able to invest in these digital assets through Vanguard, but only if the investments meet specific regulatory standards. Vanguard will not be creating its own cryptocurrency products and will still block investments related to memecoins.

U.S. stock futures were mostly unchanged after the S&P 500, Dow Jones, and Nasdaq Composite all ended their five-day winning streaks. Tech, crypto, and AI stocks declined, contributing to market losses at the start of December. The Federal Reserve concluded its Quantitative Tightening policy on December 1, holding its balance sheet steady at $6.57 trillion. This action marks a change in strategy after the Fed removed $2.4 trillion from global markets starting in 2022.

Silver's price has reached its highest monthly close in 46 years, drawing increased retail investor interest, even surpassing Bitcoin in Google Trends searches. This surge in silver is part of a broader movement toward tangible assets amidst global inflation and supply concerns. Tokenized silver, which represents ownership of physical silver on a blockchain, is emerging as a new trend. While the tokenized silver market is currently small, with a market capitalization of around $200 million, it offers benefits like fractional ownership, 24/7 trading, and traceability. There's growing interest in using silver as collateral in decentralized finance (DeFi). The tokenized gold market, with a capitalization exceeding $3 billion, shows a possible path for tokenized silver. The future growth of tokenized silver depends on regulatory clarity and improvements in infrastructure and custody standards.

On December 2, 2025, the Federal Reserve announced the end of quantitative tightening, after reducing its balance sheet by $2.4 trillion, signaling a shift to a neutral policy stance. This move is expected to ease financial pressure and potentially boost the crypto market due to increased liquidity. Coinbase Institutional updated its Coinbase 50 Index, adding HBAR, MANTLE, VET, FLR, SEI, and IMX, while removing SKL, AKT, LPT, SNX, HNT, and CVX. Vanguard reversed its previous policy and now allows its clients to trade spot crypto ETFs, including those based on Bitcoin, Ethereum, XRP, and Solana, although it will not be launching its own crypto ETFs. Bitcoin is currently sitting on a support level of $88,000; falling below this level could lead to a price decrease to $76,800 or even $71,250. Bitcoin's historical price patterns suggest that breaking its long-term trend could result in a significant correction.

Hedera's (HBAR) price is currently struggling due to its strong correlation with Bitcoin. HBAR's price movements are heavily influenced by Bitcoin, which is currently facing challenges in gaining bullish momentum. This dependency is preventing HBAR from rebounding independently. The Chaikin Money Flow (CMF) indicator for HBAR has also shown weakness, indicating capital outflows despite conditions that usually suggest a potential price bounce. HBAR is currently trading around $0.132, holding just above its $0.130 support level. A continued market downturn, especially if Bitcoin falls, could push HBAR to consolidate between $0.130 and $0.150, with a potential drop to $0.120. However, a Bitcoin recovery could lead to HBAR bouncing back to $0.150 and potentially reaching $0.162 if it can turn the $0.150 resistance into support.

Cardano (ADA) is experiencing weakness as long-term holders are selling off their coins, indicated by a 23% increase in older ADA being spent. This suggests a lack of confidence in the cryptocurrency's future. The price is breaking down from a descending channel, potentially leading to a 35% drop to $0.24. A positive catalyst, like a Spot ETF approval or U.S. interest rate cuts, could reverse the trend, potentially leading to a breakout and a move towards $1.80, with intermediate targets at $0.50 and $1.34. The current situation is uncertain, with conflicting signals from market behavior and technical indicators.

Solana's price has recently decreased, falling below $135 and then $130 against the US Dollar. It's currently trading under $130, facing resistance around $130 and $136. A bearish trend line is forming, suggesting a potential for further decline if it can't break through the $136 resistance. If Solana fails to overcome the $130 resistance, it might drop towards $125 and potentially $122 or even $120. However, if it can defend the $125 or $120 level, a recovery is possible. Technical indicators like the MACD and RSI suggest bearish momentum.

On December 2, 2025, the cryptocurrency market experienced a downturn, with Bitcoin temporarily falling below $84,000 before recovering to above $86,000. Most major cryptocurrencies decreased in value. However, certain tokens, including NEXO, ICP, FARTCOIN, PIPPIN, MERL, and SAFE, performed better than the overall market. A report indicates that Bitcoin miners are facing historically low profitability, with hashrate revenue around $35 per petahash per second, lower than average costs, due to increasing network difficulty.

The cryptocurrency market is facing potential downturn as Bitcoin could drop to $65,000 or lower. This predicted drop in Bitcoin's value may negatively impact other major cryptocurrencies such as Ethereum (ETH), XRP, and Cardano (ADA), causing them to decrease in value as well.

Travis Hill, acting Chairman of the FDIC, announced the agency will propose new rules for stablecoin issuers to the House Financial Services Committee by the end of December, following the GENIUS Act signed into law in July. The GENIUS Act aims to create a federal regulatory framework, requiring licensed issuers for payment stablecoins used by U.S. individuals. The FDIC plans to issue a proposed rule for the application framework later this month and another for prudential requirements for FDIC-supervised payment stablecoin issuers early next year. These rules will address capital requirements, liquidity standards, and reserve asset diversification. The FDIC is also developing regulations for tokenized deposits, considering recommendations from the President's Working Group on Digital Asset Markets. The Treasury Department sought public feedback on implementing the GENIUS Act through an Advance Notice of Proposed Rulemaking (ANPRM), which closed for comments on November 4, 2025.

Sony Bank is planning to launch a US dollar-pegged stablecoin as early as fiscal year 2026. This stablecoin aims to facilitate low-fee payments for Sony's games and anime content, potentially reducing transaction fees currently paid to credit card companies. Sony Bank, a subsidiary of Sony Financial Holdings, applied for a US banking license in October and is partnering with Bastion, a stablecoin infrastructure provider, to develop this project. The bank intends to create a separate subsidiary to manage its stablecoin operations. This move comes after the US established a regulatory framework for stablecoins and as other countries are also exploring stablecoin options.

Bitcoin is trading around $86,000, down about 30% from its October high, after a recent drop in cryptocurrency values. Over $250 million in Bitcoin positions were liquidated in the last 24 hours. This decline is happening alongside a selloff in global bonds, particularly Japanese government bonds, as the Bank of Japan considers raising interest rates. This has pushed Japanese bond yields to a 17-year high. In the US, manufacturing data was weaker than expected, increasing the likelihood of the Federal Reserve cutting interest rates in December. Crypto-related stocks, such as MicroStrategy and Bitcoin miners, also fell due to the overall risk aversion in the market. Analysts note that heavy Bitcoin loss realization often signals later stages of corrective phases.

Bitcoin's price has dropped below $85,000 amid speculation that Strategy (formerly MicroStrategy) might sell some of its Bitcoin holdings. This concern arose after CEO Phong Le suggested in an interview that selling Bitcoin could become necessary if the company's stock price falls below the value of its Bitcoin assets and they can't raise capital for dividends. Strategy has also established a $1.44 billion reserve to cover upcoming dividend payments and debt interest, funded by selling company stock, which has diluted shareholder value and caused the stock price to fall by approximately 11%. The company has also lowered its Bitcoin price forecast for the year, now expecting it to range between $85,000 and $110,000, and has reduced projected Bitcoin gains from $20 billion to $10.6 billion. Bitcoin is currently trading at $84,880, showing a significant loss in the last 24 hours.

XRP is currently testing the $1.99 price point, indicating uncertainty in the market about its future direction. The market signals suggest that XRP's price movement could either be a breakdown, meaning the price will fall further, or a bear trap, meaning the price will rebound after a temporary dip.

European law enforcement agencies, including those in Switzerland and Germany, have shut down Cryptomixer.io, a major cryptocurrency mixing service used to obscure the origin of Bitcoin transactions. Authorities seized the platform's servers, domain, and a large amount of data, along with approximately $29 million in Bitcoin. Cryptomixer had allegedly processed over $1.5 billion in Bitcoin since 2016, masking transactions for illegal activities like ransomware and drug dealing. The shutdown is expected to disrupt criminal networks that relied on the mixer and the seized data may lead to further investigations. This action highlights increasing regulatory scrutiny on crypto mixers and the risks associated with using them to hide illicit financial flows.

Vanguard, a major investment platform, will now allow its users to trade Exchange Traded Funds (ETFs) that hold Bitcoin (BTC), Ripple (XRP), and Solana (SOL). This means Vanguard customers can now buy and sell these crypto-related investment products directly through their Vanguard accounts, expanding access to these cryptocurrencies for a wider range of investors.

XRP's price has declined, falling below $2.050 and trading below the 100-hourly Simple Moving Average. A bearish trend line is forming with resistance at $2.120. If XRP breaks below $2.00, it could decline further, with major support levels at $2.00 and $1.9850. Failure to overcome the $2.050 resistance could lead to further declines towards $1.920, $1.880 and potentially $1.820. Conversely, a move above $2.120 could push the price to $2.20, $2.250, and potentially $2.2850 or higher. The hourly MACD is losing pace in the bearish zone, and the RSI is below 50.

Ethereum's price fell to around $2,800, leading to a significant increase of over $653 million in open interest in Ethereum futures, indicating renewed trading activity. Despite the price drop, Ethereum is still slightly up for the week. Analysts suggest Ethereum might be oversold and could experience a price bounce based on historical patterns. Ethereum's value against Bitcoin remains stable. One analysis estimates Ethereum's fair value to be $4,869, suggesting it may be currently undervalued. Technical analysis indicates that a move above $3,055 could lead to further price increases, while remaining below that level could result in sideways trading.

Global markets experienced volatility due to a significant rise in Japanese bond yields, impacting both stock and cryptocurrency markets. Bitcoin's rejection at a resistance level led to a general downturn in the crypto market. XRP's price is currently around $2.00, a critical support level. Holding above this level could stabilize the price between $2.00 and $2.25. However, falling below $2.00 could trigger further declines towards $1.90, $1.80, and potentially $1.60. XRP's future movement is closely linked to global market sentiment and the unwinding of the Japanese carry trade.

Federal Reserve Chair Jerome Powell spoke at an event on December 1st, avoiding specific discussion of current economic conditions or future monetary policy. While Powell did not directly address immediate policy decisions ahead of the upcoming FOMC meeting, he emphasized the Federal Reserve's commitment to price stability and its role in managing inflation, referencing historical economic policies. He also highlighted the importance of the Fed's independence and data-driven decision-making. Powell's remarks come amid speculation about President-elect Trump's potential nomination for Fed chair and a desire for continuity within the institution.

Solana's price has dropped to a key support level, indicating it may be oversold and poised for a potential rebound. Despite the recent price decline, institutional investors continue to invest heavily in Solana-based exchange-traded funds, with nearly $98 million flowing in this week. Solana remains the leading blockchain for decentralized exchange activity and application revenue, surpassing Ethereum and other major chains in transaction volume. The price is currently around $123, and analysts note it's within a long-term upward trend that, if maintained, could lead to a significant price increase over time.

Bitcoin traders are making bets that the price of Bitcoin will be below $80,000 by the end of the year. This information comes from activity seen on Derive, implying some investors anticipate a price decrease or at least failure to exceed that level in the near future.

Ethereum's price recently fell to around $2,800, leading to $158 million in liquidations of Ethereum-related contracts, with $140 million of those being from traders betting on the price going up. Despite this downturn, traders have increased their bets on Ethereum, with the Ethereum Open Interest (the total value of open positions) rising by $654 million, a 4.3% increase, since the price dip. A high Open Interest can mean more price volatility due to increased leverage, as seen in the recent price drop.

KuCoin has obtained a Markets in Crypto-Assets (MiCA) license in Austria, allowing it to legally offer crypto services in 29 countries within the European Economic Area (EEA). This license, granted to KuCoin EU Exchange GmbH, signifies compliance with the EU's new unified crypto regulations which took full effect in December 2024. It enables KuCoin to provide services such as trading and custody while adhering to standards for capital, transparency, and asset segregation. KuCoin has implemented measures like SOC 2 Type II and ISO certifications to meet MiCA requirements. Consequently, users in the EEA (excluding Malta) will transition to KuCoin EU's MiCA-compliant platform, and new registrations on KuCoin Global will be unavailable in the region. This move allows KuCoin to operate within a consistent regulatory framework across Europe, and aligns with their $2 Billion Trust Project to enhance compliance.

The U.S. 10-year Treasury yield is remaining steady even with expectations that the Federal Reserve might cut interest rates. This is important for Bitcoin investors because the 10-year yield often influences investment decisions. The lack of movement in the yield, despite rate cut expectations, suggests underlying economic factors are at play that could impact Bitcoin's price and investor sentiment.

Ethereum's price has recently declined, falling below $2,880 after failing to stay above $2,950. It reached a low of $2,718 and is currently trying to recover. Ethereum is now trading below $2,850, facing resistance around $2,820 and $2,880. If it breaks above $2,920, it could potentially rise towards $3,000 or even higher. However, failure to overcome the $2,880 resistance could lead to another decline, with initial support around $2,760 and major support near $2,740. A drop below $2,740 might push the price towards $2,650 in the near term. Key support levels are identified at $2,720, while major resistance is at $2,880.

The newly launched Monad token (MON), representing the Monad blockchain, experienced significant price volatility. After initially increasing to nearly double its Initial Coin Offering (ICO) price, the token's value subsequently dropped, falling below its ICO price of $0.025 and reaching a low of $0.0225. This dip temporarily put the token's market capitalization below the $2.5 billion valuation established during the ICO. However, the token has since recovered slightly and is trading above its ICO price again as of this afternoon.

DeepNode AI has secured $2 million in seed funding at a $25 million fully diluted valuation (FDV). The funding round was notably supported by its community, including validators, miners, and early adopters, rather than traditional venture capitalists. The company also announced the addition of WildSage Labs, Team Rizzo AI, and Gateway FM to its ecosystem. DeepNode is building a decentralized intelligence network designed for AI model deployment, validation, and governance, utilizing the $DEEP token to incentivize contributions of AI models, data, computing power, and validation work. The aim is to create an open and collaborative economy where creators own their AI contributions and are directly rewarded, challenging the current centralized model dominated by large tech companies.

XRP is entering a critical phase with the launch of five spot XRP ETFs. These ETFs collectively hold about $687 million worth of XRP. Market analysts believe this increased institutional interest could rapidly decrease the available supply of XRP on exchanges and in over-the-counter markets. One analyst's model suggests that ETF demand could quickly absorb exchange supply, leading to potential price increases. Concerns are rising that the OTC market, where ETFs typically acquire XRP, may be getting strained. The launch of the 21Shares TOXR ETF, alongside existing ETFs from Bitwise, Canary Capital, Grayscale, and Franklin Templeton, is expected to intensify competition for XRP. Experts suggest this week will be crucial in determining the true extent of institutional demand and its impact on XRP's market dynamics.

Gold reached a six-week high, and silver hit a record price, driven by expectations of upcoming US interest rate cuts and a weaker US dollar. Specifically, there's an almost 88% probability priced in for a rate cut at the Federal Reserve's December meeting. Silver's surge is also due to limited supply, shown by declining warehouse inventories and high borrowing costs. Unlike precious metals, Bitcoin's price has significantly dropped, falling roughly 30% from its recent high. This decline is attributed to substantial outflows from US Bitcoin ETFs totaling about $3.4 billion in November, a hack on Yearn Finance, and concerns about potential interest rate hikes in Japan. Over $1 billion in leveraged crypto positions were also liquidated during the selloff. While interest rate cuts are generally seen as positive for Bitcoin, these immediate negative factors are currently having a stronger effect on its price.

Bitcoin is experiencing increased selling pressure, particularly impacting short-term investors who have held Bitcoin for around 13 months. This group is facing significant losses, mirroring levels seen at previous market bottoms. These short-term holders, known for reacting quickly to market changes, are at a critical point where they must decide whether to sell or hold. Historically, when these investors experience losses of 20-25%, it often signals a bottoming out of the market, especially if the long-term bullish trend remains intact. Bitcoin's price has fallen sharply, testing a key support level around $84,000-$85,000, represented by the 100-week moving average. A drop below this level could indicate further decline, while holding above it could suggest a potential stabilization and opportunity for longer-term investors to buy.

Tether, the company behind the USDT stablecoin, is changing how it backs its coin by decreasing its holdings of US Treasury bonds and increasing its investments in Bitcoin and gold. This shift is seen by some as a move to prepare for potential interest rate cuts by the Federal Reserve. While some analysts warn that this new mix of assets could increase risk due to price fluctuations, Tether's CEO maintains that the company holds no risky assets. Despite ongoing speculation about Tether's backing, analysts point out that USDT has maintained its $1.00 value for a decade and operates similarly to traditional banks with a diverse portfolio of assets backing its $174 billion stablecoin.

Vanguard Group, a major asset manager with over $11 trillion in assets, will allow its brokerage customers to trade cryptocurrency-focused ETFs and mutual funds starting December 2nd. This decision opens access to crypto investments for over 50 million customers. The supported funds will hold cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana, and must comply with regulatory requirements. Funds linked to memecoins will not be included due to their high-risk classification by the SEC. Vanguard itself does not plan to launch its own crypto products but aims to provide a platform for clients to invest in their preferred assets.

Bitcoin's price has fallen below $88,000 and is currently trying to recover. It faces potential resistance around $87,250 and $88,000. If Bitcoin breaks above $88,500, it could rise towards $90,000, with further targets at $91,500, $92,000 and $92,500. However, if it fails to surpass $88,000, it could decline again. Key support levels to watch are $85,500, $85,000, $83,500, $82,500 and $81,200. The hourly MACD is losing momentum in the bearish zone, and the hourly RSI is above 50.

Ukraine is creating its own national artificial intelligence (AI) system using Google's open-source Gemma framework. The project, led by Ukraine's digital ministry and mobile operator Kyivstar, aims to develop an AI that better understands Ukrainian language, dialects, and minority languages. Initial training will occur on Google's infrastructure before moving to local servers in Ukraine. The AI system will be used for both military purposes, such as battlefield management, and civilian applications. Data is being gathered from over 90 government institutions to train the AI, and the system is expected to face cyberattacks upon launch, with defenses being developed. Kyivstar has installed over 3,500 backup generators to support the project amid ongoing attacks on Ukraine's energy infrastructure.

The article discusses the ongoing discussions and scrutiny surrounding Tether (USDT) in the cryptocurrency market. It highlights that the current debate about Tether's stability and reserves is beneficial for the market's overall health. The article suggests that this year's Tether debate will contribute to a more transparent and robust cryptocurrency ecosystem, potentially leading to greater confidence and stability within the market.

Ethereum (ETH) is currently trading around $2,831.41, experiencing a 5.42% daily drop, exceeding the overall crypto market's 6.15% decline. Over the past month, ETH has decreased by 26.71%, and over the last three months, it has fallen by 35.30%. Despite these losses, a short-term prediction suggests a potential rebound to approximately $3,114.40 by December 6, 2025, representing a roughly 10.21% increase. Market sentiment is predominantly fearful, with the Fear & Greed Index at 24, indicating 'Extreme Fear'. Key support levels for ETH are identified at $2,966.72, $2,940.30, and $2,897.86, while resistance levels are at $3,035.57, $3,078.01, and $3,104.43. Technical indicators are largely bearish, with 26 signals leaning negative compared to only 4 bullish signals. ETH is trading above its 50-day and 200-day simple moving averages, but the RSI is neutral. A short-term rise is predicted, although overall caution is advised due to prevailing market fear.

Bitcoin's price dropped to around $86,000 due to heavy selling and liquidations, where over $640 million in leveraged positions were wiped out in 24 hours. This decline also impacted other cryptocurrencies, with Ethereum falling to around $2,800 and other major coins experiencing losses between 5% and 7%. The total crypto market capitalization decreased by nearly 5% to $2.95 trillion. Contributing factors include Bitcoin ETF outflows of approximately $3.5 billion in November and uncertainty surrounding potential interest rate hikes by the Bank of Japan and upcoming Federal Reserve announcements. Bitcoin's ability to maintain the $86,000-$87,000 level is crucial, as a break below this range could lead to further declines.

This week is a crucial period for XRP as five spot ETFs are now trading simultaneously for the first full week. Currently, ETF managers hold over $687 million in assets, representing just over 300 million XRP. An analyst model suggests that high ETF demand could rapidly reduce the available XRP supply on exchanges. There are concerns that private over-the-counter (OTC) liquidity is dwindling. Recent data reveals that the top 10,000 XRP wallets hold approximately 85% of the circulating supply, with new wallets accumulating significant amounts of XRP. Analysts suggest that the current market situation is testing XRP liquidity, and increased volatility is possible if ETFs need to source XRP from public exchanges.

Federal Reserve supervisor Michelle Bowman announced upcoming regulations for banks and stablecoin issuers, aiming to balance innovation with financial stability. These rules, supported by the recent GENIUS Act, will cover reserve backing, redemption rights, and public disclosures for stablecoins. Bowman emphasized the importance of these new technologies in the banking sector, especially for increasing efficiency and promoting competition with digital asset firms. She also highlighted cooperation with other agencies to develop capital and diversification rules for stablecoin issuers as required by the GENIUS Act, which mandates registration and dollar-for-dollar reserves. These announcements come amid ongoing debate between crypto companies and traditional banks regarding access to bank charters and digital asset regulation. Bowman also mentioned the Fed is working on adjusting bank capital measures and will join forces with other efforts to enhance the surcharge for major banks within the wider capital framework.

Kalshi, a prediction market platform, is expanding into the crypto space by tokenizing its event contracts on the Solana blockchain. This allows users to trade tokenized versions of their wagers, potentially attracting more crypto traders and boosting liquidity. Decentralized finance protocols DFlow and Jupiter will help merge Kalshi's existing order book with Solana's liquidity. Kalshi aims to tap into the $3 trillion digital asset market to scale its offerings, currently running about 3,500 markets. Polymarket, a rival, is also preparing to re-enter the U.S. market after receiving approval from the CFTC, allowing them to operate a regulated trading platform and onboard brokerages and customers directly.

XRP's price is currently around $2.03, having decreased by about 7% in the last day and 6% over the past week. Despite this price drop, the largest XRP holders, known as whales, have been actively increasing their holdings. The top 10,000 XRP wallets now control over 85% of the total XRP supply. Recently, 78 new wallets acquired over 77 million XRP, with some single transactions involving tens of millions of XRP. While there were some outflows from certain wallets, particularly from the Bithumb exchange, analysts believe these are normal operational movements. Technical indicators suggest weak buying strength and the potential for continued price declines if the RSI dips below 40; however, stabilization could occur if the RSI stays above 40 and XRP maintains its price above $2.

Two former executives from Gryphon Digital Mining, Steve Gutterman and Sim Salzman, are set to lead a new cryptocurrency treasury business. This venture combines Trump Media & Technology Group and Crypto.com, and the appointments are expected to take effect in the first quarter of 2026, pending a business combination. The new company plans to acquire and manage CRO (Cronos) as its primary asset for long-term reserves, having initially acquired 684.4 million CRO tokens at roughly $0.153 each, totaling about $105 million in a mix of cash and stock. Crypto.com is a key crypto partner for Trump Media. However, the plan carries risk, given the volatility of cryptocurrencies; CRO and other cryptos have recently seen price declines. These declines can lead to accounting write-offs, impacting balance sheets and investor confidence, with smaller tokens carrying heightened risk.

The Chinese yuan is having its best year since 2020, gaining nearly 4% against the dollar. A stronger yuan can reduce the incentive for Chinese investors to move their capital into Bitcoin and other dollar-denominated assets. China's central bank is also reinforcing its ban on cryptocurrency activities, citing concerns about stablecoins and their potential for money laundering. Despite these factors, broader global economic conditions like a weaker dollar and possible interest rate cuts by the Federal Reserve, which typically boost riskier assets, could still benefit the crypto market. Bitcoin's price has risen alongside the yuan's recovery, suggesting both are influenced by these global economic trends.

The XRP Ledger has seen a large and unusual increase of over 40,000 transactions called AccountSet, which are used to configure wallets, not to send funds. This suggests that a large organization is setting up infrastructure on the XRP Ledger, potentially for custodial services or institutional use. These transactions involve setting up advanced security measures for many new wallets, which is not typical for regular users. Analysts point out that large withdrawals of XRP from Binance and increased inflows to Korean exchanges have also occurred, possibly connected to these wallet setups. The specific company or institution behind these transactions is currently unknown, but the size of the activity indicates a significant new player or development within the XRP ecosystem.

Chris Burniske from Placeholder VCs believes that despite current market pessimism creating a good long-term setup for Bitcoin, the price may still drop further. He suggests a potential test of the $56,000 level is possible before a true bottom is reached and significant investment occurs. Burniske highlights that many crypto assets are undergoing a necessary repricing, with most expected to fail, similar to liquid venture investments. However, he believes a select few will be undervalued and offer substantial returns for those with conviction and good timing. At the time of the article, Bitcoin was trading at $85,872.

Bitcoin has decreased by 16% over the past three months, following a flash crash in October and $3.8 billion in net outflows from U.S. spot Bitcoin ETFs in November. Macroeconomic uncertainty, including inflation and global trends, has also contributed to market instability. Despite these recent challenges, Bitcoin's fundamental characteristics, such as its fixed supply of 21 million coins, increasing mining difficulty, and unchanged protocol and network, remain intact. A rebound in 2026 is possible with improved macro conditions and renewed institutional interest, including potential adoption by more companies as a treasury asset. However, further liquidity tightening or shocks to the crypto sector could lead to Bitcoin consolidating under $100,000. Dollar-cost averaging is suggested as a smart investment strategy to mitigate risk during this uncertain period.

Europe is continuing its strict approach to the crypto industry, contrasting with the U.S.'s more welcoming stance. Recently, Europol shut down Cryptomixer, a DeFi mixing protocol, alleging it facilitated cybercrime and money laundering. This action is similar to the earlier shutdown of Tornado Cash, where one of its developers was found guilty of money laundering. The European Central Bank also recently expressed concerns about stablecoins, labeling them a risk to financial stability.

Vanguard Group, a major asset manager, is now allowing its customers to trade certain cryptocurrency ETFs and mutual funds, including those focused on Bitcoin, Ether, XRP, and Solana. This marks a change from Vanguard's previous stance, as they had expressed concerns about the volatility and risks associated with digital assets. The decision was influenced by growing demand from individual and institutional investors. This move allows Vanguard's over 50 million brokerage clients, managing over $11 trillion in assets, to access regulated crypto investments. While Vanguard will support most crypto ETFs and mutual funds that comply with regulations, they do not plan to create their own digital assets or offer funds linked to memecoins.

Tokenized gold is increasing in popularity as the broader cryptocurrency market faces difficulties. As of December 2025, the market capitalization for all tokenized commodities is $3.63 billion, which is a 5% increase compared to the previous month. The number of investors holding these assets has also slightly increased, reaching 167,400, a nearly 3% rise. Gold-backed tokens are the most popular commodity, providing cryptocurrency investors with a way to invest in a traditional safe-haven asset. The price of spot gold is currently above $4,200 per ounce, marking a 5% increase over the last month.

Dogecoin is experiencing a price decline, falling below key technical levels due to broader crypto market weakness. Selling pressure is mounting, with outflows of $5.7 million indicating reduced accumulation by large holders. Derivatives markets show traders are closing positions, and long positions are being liquidated. The launch of Dogecoin ETFs has been disappointing, with inflows of just over $2 million. Some traders are shifting away from meme assets like Dogecoin towards assets with real-world uses. Dogecoin has dropped more than 8% in 24 hours, and the price is near $0.13, with analysts noting that immediate resistance lies near the 50% retracement of the recent decline.

Centralized crypto lending has seen a resurgence, reaching approximately $25 billion in outstanding loans during the third quarter, indicating renewed activity in the sector. While the overall crypto lending market remains below its 2021 peak, the composition has shifted with a few large centralized lenders like Tether, Galaxy, and Ledn now holding a significant portion of CeFi loans. DeFi borrowing has also experienced a strong recovery, increasing substantially from its lows to $19 billion by the end of 2024. Market observers note the importance of these figures in understanding the current landscape, characterized by increased on-chain activity and concentration among fewer centralized entities. The concentration of CeFi loans presents potential risks, and regulatory developments could further influence the market's structure. Moving forward, observers will be monitoring loan books, on-chain borrowing rates, and capital inflows into lending desks.

Apple's head of artificial intelligence, John Giannandrea, is stepping down after a challenging tenure marked by delays in key AI projects like Siri. He will be replaced by Amar Subramanya, formerly of Microsoft and Google's DeepMind. Giannandrea will remain an advisor until next spring. The change comes as Apple faces criticism for falling behind competitors in the rapidly evolving AI landscape, particularly after the launch of ChatGPT. Subramanya will report to Craig Federighi, Apple's Senior Vice President of Software Engineering, and will lead teams focused on foundation models, research, and AI safety. Apple's AI strategy is being recalibrated, with increased spending in the area and a partnership with OpenAI to integrate ChatGPT into some of its products. Some teams previously under Giannandrea will now report to Chief Operating Officer Sabih Khan and Services Chief Eddy Cue.

XRP saw a significant increase in network activity with over 1.05 million payments made between unique wallets in a single day, a 15% jump overnight. This surge in usage could be due to automation, large transactions by major holders, or early interest from institutions following the introduction of XRP-related ETFs. Despite this activity, the price of XRP has decreased by 6.7% in the last 24 hours, falling to $2.04, while trading volumes have nearly doubled to $4 billion. XRP is currently testing a support level of $1.90, and a break below this point could lead to a further drop to $1.65, a potential 19% decrease. The article also promotes Bitcoin Hyper ($HYPER) as an alternative investment, highlighting its use of Solana technology to improve Bitcoin's scalability and functionality, enabling DeFi applications and faster transactions.

The cryptocurrency market has recently experienced a downturn, with Bitcoin falling to $86,700 and other major cryptocurrencies like XRP and Solana also declining. In this environment, a new altcoin called PEPENODE ($PEPENODE) is attracting attention. It's an Ethereum-based token currently in its presale phase, having already raised over $2.24 million. PEPENODE aims to allow users to mine tokens without expensive equipment, by building virtual mining rigs using the PEPENODE token itself. Rewards from mining will be paid out in other tokens like Fartcoin and Pepe. The coin also offers staking for a passive income, with an APY currently at 579%. Users can also sell their virtual nodes. The presale is ongoing, and the token is currently priced at $0.0011731, with the price increasing every 3 days until the sale ends. The maximum supply of PEPENODE is 210 billion tokens.

Vanguard, a major asset manager with $8 trillion in assets, is reversing its long-standing ban on crypto-related investments. Starting December 2nd, Vanguard will allow its brokerage customers to trade certain crypto ETFs and mutual funds that track cryptocurrencies like Bitcoin, Ether, XRP, and Solana. This decision marks a significant shift for the company, which previously resisted offering crypto products, citing concerns about their speculative nature and lack of intrinsic value. While Vanguard will now permit trading in these regulated crypto products, it will continue to block access to funds focused on meme coins and has no plans to launch its own crypto funds. The change in policy comes after years of internal debate and a change in leadership, with the company acknowledging the increasing demand from clients for access to a wider range of asset classes.

In 2025, cryptocurrency prices underperformed compared to other investments like stocks and gold. One reason was that early Bitcoin investors sold off large holdings when Bitcoin reached around $100,000, taking profits after holding for many years. This created a large supply of Bitcoin for sale. Also, people became less interested in crypto narratives and more interested in other technologies like AI. Gold also became a more attractive hedge against currency devaluation than Bitcoin. Within the crypto market, there was a lack of exciting new ideas and optimism. Additionally, tighter financial conditions reduced the amount of money flowing into crypto. Many traders found crypto's volatility and risk less appealing. The market became dominated by experienced traders taking profits and investing in other assets, with altcoin weakness further pushing people out of the crypto market entirely. Looking ahead, Bitcoin may need time to recover as concerns about old holders selling and potential quantum computing threats remain. The total crypto market capitalization at the end of the period was $2.91 trillion.

Solana's price is currently around $129.28, down nearly 5% in the last 24 hours, and battling to stay above the $130 support level. There's strong buying interest expected between $130 and $150. If Solana holds above $133, analysts predict a potential rise towards $145-$150, and potentially even higher to $165. However, if it falls below $133, it could drop to $128 or $121. Experts see Solana as undervalued, and patterns suggest a possible upward trend if buying pressure increases. Overall, the market is at a critical point, and the direction Solana takes depends on whether buyers can maintain support around the current levels.

Cardano is proposing to allocate $30 million worth of ADA tokens to improve its network's infrastructure. This investment aims to attract stablecoins, custody providers, cross-chain bridges, pricing oracles, and institutional analytics to the Cardano ecosystem. The goal is to address Cardano's relatively small economic base, which currently has about $248 million in total value locked (TVL) and roughly $40 million in stablecoins, compared to Ethereum's $170 billion in stablecoins. This initiative seeks to create a more formal and accountable process for onboarding essential infrastructure that Cardano has lacked. While Cardano's founder acknowledges challenges beyond just stablecoin availability, like user behavior and coordination, the integration program aims to provide a governance mechanism to improve vendor onboarding and attract more liquidity. The success of this investment will be tested in 2026, with the potential to significantly increase Cardano's stablecoin base and DeFi TVL if the integrations are successful.

Bitcoin is struggling to stay above $90,000 after a recent price drop, causing worry about a bigger downturn. Despite the weaker market sentiment and increased selling, on-chain data indicates significant hidden buying activity. This means that some large investors may be quietly buying Bitcoin while the price is down, suggesting a potential future price increase. This hidden buying is happening even as negative news, like concerns about regulations and past announcements, are creating more fear in the market. Bitcoin's price chart shows that it's under pressure, with key indicators suggesting a weakening trend. Bitcoin is trying to stabilize, but the trend still suggests caution is needed.