Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Blockchain analytics firm AmberCN says an address linked to the Pudgy Penguins team transferred about 3.8811 billion PENGU tokens — roughly $108 million — to various exchanges since July. Transfers occurred in recurring tranches (around $3M every few days), with a recent 230 million PENGU transfer reported hours before this article. Such deposits typically precede selling and can create short-term price pressure and shift investor sentiment, though they may also reflect liquidity provisioning or operational fundraising. Traders should monitor on-chain flows, exchange orderbooks, trading volume and official team communications. Key stats: ~3.8811B PENGU moved, ~$108M value, repeated ~230M-token/latest tranche. Main keywords: PENGU token, Pudgy Penguins, token deposits, exchange inflows, selling pressure.

Ripple and several strategic investors are accelerating Openeden’s expansion into real-world assets (RWA). The funding and partnership push aims to scale tokenised assets—such as commercial real estate and other off-chain instruments—by leveraging Ripple’s infrastructure, liquidity tools and on‑chain settlement rails. Key backers include Ripple and other unnamed institutional investors who will provide capital, network access and technical collaboration to fast-track product rollouts. The move targets increased institutional adoption of tokenised RWAs, improved settlement speed, and reduced operational friction for cross-border asset transfers. Market implications include greater liquidity for select tokenised assets and strengthened interoperability between payment rails and asset tokenisation platforms. Primary themes: RWA expansion, tokenisation, Ripple infrastructure, institutional onboarding, and liquidity enhancement.

AZTEC’s public token sale, using a Continuous Clearing Auction (CCA) developed with Uniswap, has drawn over 15,900 ETH in subscriptions and runs through December 6. The auction is fully on‑chain and auditable; organizers state a base price of 98,493 ETH (implying an approximately $2.8bn fully diluted valuation). The offering covers roughly 14.95% of AZTEC’s total supply and uses market-driven on‑chain price discovery to allocate tokens and set the final clearing price. Traders should monitor on‑chain liquidity provided (including planned Uniswap V4 participation), the speed and trajectory of price discovery during the auction, and dilution risks from the public allocation. Operational details include on‑chain KYC via a soulbound NFT and token utilities such as staking, governance, fee payments and sorter participation; inflation is community-governed with an annual cap (reported previously). Key SEO keywords: AZTEC token sale, CCA on-chain pricing, Uniswap, on-chain auction, token subscription.

Glassnode data shows the current Bitcoin halving cycle (since 2022) has attracted approximately $732 billion in new capital into Bitcoin. The influx coincides with a near-50% decline in one‑year realized volatility versus prior cycles, indicating greater market stability. Key drivers cited are institutional onboarding (financial institutions, hedge funds, corporate treasuries), regulatory clarity in major jurisdictions, product innovation such as spot BTC ETFs, and growing macro recognition of Bitcoin as a digital store of value. The report argues that lower volatility further encourages long-term institutional allocations, creating a virtuous cycle of sustained capital inflows and reduced price swings. Traders are advised to monitor on‑chain metrics (realized cap, exchange flows) and consider longer-term strategic positioning rather than short-term speculation. While the capital inflow is a strong bullish structural signal, it does not guarantee uninterrupted price appreciation; market cycles and other risks remain relevant.

Matong MSX recorded a single-day trading record with $2 billion in 24-hour volume, pushing cumulative MSX turnover past $20.6 billion — a rise of $7.5 billion over five days and a 57%+ increase overall. The surge signals growing liquidity and user activity on the MSX platform. Concurrently, Point Race Season 1 concluded on December 2; participants earned M Credit, which will be applied toward a forthcoming MSX token distribution. The link between earned M Credit and token allocation creates a direct tokenomics incentive that could affect yield expectations, user engagement, and secondary-market supply dynamics. Key takeaways for traders: sharply higher short-term trading volume may increase volatility and depth on MSX-listed markets; the scheduled MSX token distribution funded by M Credit could introduce additional token supply pressure or renewed buying demand depending on distribution mechanics and unlocking schedules. Monitor official distribution details, lockup periods, and on-chain flows to assess near-term price impact.

Bitcoin sharply rebounded from a leverage-driven drop to about $84,500, climbing to a 24-hour high near $93,040 on Coinbase as buyers stepped in to erase an $8k drawdown. Analysts including Michaël van de Poppe and Nick Ruck flag the $92,000 level as a key resistance — holding above it would increase the odds of a retest toward $100,000. A critical near-term support band is identified around $86,000–$88,000; losing that zone could shift market behavior from accumulation to distribution. Drivers cited for further upside include potential Federal Reserve rate cuts, renewed ETF inflows and growing institutional adoption. Technical notes referenced Bollinger Band analysis indicating downside support well above COVID-era lows (a claimed floor near $55,000). Traders should monitor Fed commentary, ETF flow data, and whether BTC can sustain >$92,000; short-term momentum favors bulls if ETF inflows and macro optimism continue, while failure to hold support raises the risk of deeper retests. BTC was trading around $92.7k at the time of the reports.

South Korean exchange Bithumb has issued a security-driven investment warning for the BOA token and temporarily suspended BOA deposits and withdrawals after identifying security concerns tied to Yearn.finance (YFI) protocols. Bithumb confirmed the issue via its security checks and launched an active investigation; trading availability on the platform may remain, but deposit/withdrawal functions are halted until further notice. The exchange urged users to monitor official channels and adopt heightened security measures. Key takeaways for traders: DO NOT assume immediate loss — the suspension is precautionary; confirm BOA exposure across other platforms; enable account security features; and avoid trading decisions based on rumors. The incident highlights systemic DeFi risk: vulnerabilities in shared protocols can cascade across tokens and exchanges. Market implications include short-term liquidity constraints for BOA on Bithumb and potential volatility across venues that list BOA, while broader effects depend on investigation outcomes and whether other exchanges follow Bithumb’s lead.

Binance announced a scheduled delisting of 15 spot trading pairs and will cease trading for several BTC-denominated pairs on December 5, 2025 at 11:00 (UTC+8). Pairs flagged for removal include ACH/BTC, QTUM/BTC, RIF/BTC, STRAX/BTC, WAXP/BTC, PORTAL/BTC and W/BTC, along with a mix of FDUSD- and BNB-quoted pairs (EGLD/FDUSD, INIT/FDUSD, PROVE/FDUSD, SHELL/FDUSD, TREE/FDUSD, HAEDAL/BNB, PORTAL/BNB, DENT/ETH). Binance cites liquidity management and risk-control adjustments. Traders with open positions or orders in these pairs should review exposure and close or transfer positions before the cut-off to avoid forced liquidation or constrained withdrawals. Key implications for traders: immediate monitoring of order books and liquidity for affected BTC pairs, potential short-term price volatility for delisted tokens, and reduced trading options for those specific markets. Primary keywords: Binance delisting, BTC trading pairs, spot trading halt. Secondary keywords: liquidity management, risk controls, trading pairs removal, delist BTC pairs.

Vanguard has added Canary Capital’s HBAR spot ETF (HBR) to its brokerage platform, marking Vanguard’s first listing of an HBAR-linked fund and extending regulated access to Hedera (HBAR) for nearly 50 million customers. The fund, which began trading on Nasdaq in late October 2025, gives investors indirect exposure to HBAR through standard brokerage and qualified accounts without direct crypto custody, easing custody, tax reporting and operational barriers. Vanguard’s December 2, 2025 policy change to allow approved digital-asset ETFs and mutual funds unlocked platform access for third‑party crypto products and increased visibility for offerings like Canary’s. HBAR currently trades near $0.1339 — about 57% below its 2025 peak — with short-term technical support seen around $0.1317–$0.132. Market observers say ETF availability may improve HBAR liquidity, attract incremental institutional and retail demand from investors preferring regulated ETF structures, and provide a steadier, custodial-light route into HBAR during volatility. Canary Capital also plans additional region-specific crypto products to lower technical barriers for new entrants. Primary keywords: HBAR ETF, Hedera, Vanguard, spot HBAR ETF. Secondary keywords: crypto ETF, regulated digital asset, hashgraph consensus, brokerage access, investor access.

A large whale accumulated roughly $23.5 million worth of Pump Coin (PUMP) over the past week, buying about 8.288 million tokens across Binance, OKX and Bybit at an average entry around $0.00273, then consolidating holdings into four primary wallets via intermediary addresses. On‑chain trackers recorded sustained, dollar‑cost‑averaged accumulation beginning about five days ago; intraday buying lifted PUMP roughly 10%. Earlier reports noted additional whale purchases (≈$2M) that coincided with a rebound from support. Exchange outflows and wallet consolidations indicate buying pressure, while some retail traders showed net spot outflows. Technicals point to near‑term bullish momentum: a falling wedge on the 4‑day chart, a V‑shaped recovery on the 4‑hour chart, RSI near 62–63 (bullish but not overbought), MACD bullish (MACD line above signal and above zero), and recent clearance of the 0.786 Fibonacci (~$0.003025). Immediate supports are $0.002927, $0.002838 and the stronger zone $0.002704–$0.002789; resistances lie at $0.00312, $0.0032 and $0.0035 with an extension target near $0.004 if momentum continues. Risks: token concentration into a few wallets raises potential sell‑pressure if the whale exits; volume confirmation and continued exchange withdrawals are required to validate the move. Traders should watch on‑chain flows, support hold, and volume before taking leveraged or directional positions.

Kalshi has signed an exclusive newsroom partnership with CNN to integrate real-time prediction market probabilities into CNN’s on-air and digital reporting. The feeds will power Kalshi-branded tickers and graphics and be used by CNN chief data analyst Harry Enten across political, economic, weather and cultural coverage. The announcement coincided with Kalshi’s $1 billion Series E led by Paradigm, valuing the company at $11 billion; the firm reported 127,000+ active markets and $580 million in trading volume this year. Kalshi is expanding blockchain integrations (Sei support and plans for tokenized markets on Solana), adding mobile wallet access and planning wallet-native on-chain features for early 2026. Recent legal wins — a Nevada court lifting a preliminary injunction and favorable New Jersey rulings on certain election markets — have eased regulatory risk. CNN’s exclusive distribution among major networks should increase mainstream exposure for prediction markets, potentially broadening user activity and event-driven trading. Primary keywords: Kalshi, prediction market; secondary keywords: market-implied odds, live ticker, real-time feeds.

Ethereum’s Fusaka upgrade implements EIP-7594 (PeerDAS) and a blob-parameters-only deployment path to expand rollup data capacity while keeping node hardware requirements within consumer-grade limits. PeerDAS allows validators to verify sampled pieces of blobs rather than downloading full blobs, cutting duplicate transmissions and bandwidth use and increasing effective data capacity for rollups. Fusaka also formalises a process to raise blob capacity via parameter-only activations so future increases won’t require full hard forks. Engineers from Bitwise Onchain Solutions said the upgrade aims to rebalance L1/L2 fee dynamics, preserve home-staking feasibility, and deliver higher on-chain utilisation with shorter, targeted upgrade cycles (roughly six months). Early indicators after pre-fork activations include lower gas fees and reduced mempool congestion. Success metrics focus on secure deployment, rising blob utilisation and steady ecosystem adoption rather than headline capacity figures. For traders: expect potential downward pressure on short-term gas costs and improved UX for rollups, while the longer-term effect is neutral-to-bullish for ETH as higher practical data capacity supports L2 growth without centralising node requirements.

Bitcoin (BTC) recovered strongly after a weekend leveraged liquidation, climbing back above $92,000 to a 24‑hour high near $93,040 on Coinbase. The move erased losses from a drop to $84,500 and followed an $8,000 price wipeout during the Sunday leverage cleanup. Analysts including Michaël van de Poppe and LVRG Research’s Nick Ruck highlighted the importance of holding and breaking $92,000–$93,000: a sustained break higher could open a path to a six‑figure $100,000 target. Key technical support was identified in the $86,000–$88,000 range — a zone seen tested about 60 times in recent months — and losing it would signal a shift from accumulation to distribution. Optimism is underpinned by expected macro tailwinds such as potential Fed rate cuts and renewed ETF inflows. At time of writing BTC traded around $92,700, up roughly 7% in 24 hours. Primary keywords: Bitcoin, BTC, $100,000, leveraged liquidation, support and resistance, macro tailwinds.

On-Chain Mind reports that Bitcoin’s rate-relative strength index (rate RSI) has plunged into single-digit readings on the 3-day chart, a rare "oversold" condition historically associated with bear-market bottoms (notably in 2018 and mid‑2022). The indicator fell below the 10/100 level, suggesting a major cyclical reset and signaling that a long-term bottom could be forming near roughly $87,000. Meanwhile, Alphractal CEO Joao Wedson flagged an atypical behavior in the BTC long/short ratio: it has remained at unusually high levels for an extended period, producing false bottom signals through November while price continued to fall. Wedson warns that eager retail longs attempting to bottom‑fish could be targeted by large players who push prices lower to liquidate those positions. The article notes divergence among indicators—rate RSI points to a potential bottom while the long/short ratio and recent price action introduce downside risk. No investment advice is given.

Japan’s Nikkei 225 index climbed back above the 50,000-point mark on Dec. 3, posting a daily gain of 1.46%. The move reflects renewed buying momentum in Tokyo equities during the session. The report provides market information only and does not constitute investment advice. Related market stories on the same feed mention large on-chain and crypto activity — including notable whale accumulation of AAVE and significant ETH transfers to a new wallet — but the core item here is the Nikkei’s rebound to 50,000. Primary keywords: Nikkei 225, 50,000, Japan equities. Secondary/semantic keywords: market gain, Tokyo session, equity rebound.

This guide explains how traders can combine Open Interest (OI) and the long/short ratio to infer large players’ (whales’) positioning in derivatives markets. Key concepts: OI measures total outstanding contracts; the long/short ratio counts accounts that are net long vs net short. The article outlines four signal combinations: (1) OI rising + long/short falling → whales likely opening long positions (buy pressure eats sell orders); (2) OI rising + long/short rising → whales likely opening short positions (sell pressure eats buy orders); (3) OI falling + long/short rising → whales closing longs (large sells consume retail longs); (4) OI falling + long/short falling → whales closing shorts (large buys consume retail shorts). Practical notes: interpret long/short ratio as relative change rather than absolute value; large capital can be wrong; patterns are more reliable on smaller-cap altcoins than BTC due to Bitcoin’s broad, diverse market; the ideal signal is steady OI accumulation during a price consolidation (suggesting stealth accumulation) followed by a breakout direction confirmed by long/short shifts. Primary keywords: Open Interest, long/short ratio, futures, derivatives, whales. Traders can use these signals to infer directional opening/closing by big accounts and adjust entries, stop placements and sizing—but should combine with price action and liquidity/order-book context for better risk control.

Elon Musk warned that the United States is heading toward a severe debt crisis as national debt tops $38 trillion and annual fiscal deficits approach roughly $2 trillion. He tied rising money supply and large deficits — including post‑COVID stimulus and AI‑driven government spending — to weakening trust in fiat currency and potential asset reallocation into real stores of value such as gold, silver and Bitcoin. Musk argued Bitcoin’s value is fundamentally linked to energy — hard to fabricate by legislation — and said money as a concept could be supplanted by energy over the long run. He also predicted rapid AI‑driven productivity gains could trigger deflation and lower interest rates within a few years. Musk reiterated personal support for Bitcoin and Dogecoin (noting Tesla/SpaceX hold ~ $2B in Bitcoin) and signaled his new political stance would favor Bitcoin over the dollar. For traders: the comments reinforce a narrative that macro fiscal stress and fiat debasement could drive higher demand for Bitcoin as an inflation hedge and alternative store of value, though Musk also suggested potential disinflationary forces from AI in the medium term.

US spot Bitcoin ETFs recorded a fifth consecutive trading day of net inflows on December 2, 2025, underscoring ongoing institutional demand for regulated Bitcoin exposure. Aggregate net inflows totaled $58.01 million. Leading inflows were BlackRock’s IBIT with $119.66 million and Fidelity’s FBTC with $21.85 million; Bitwise’s BITB added $7.44 million. Ark Invest’s ARKB, by contrast, saw $90.94 million in net outflows. Earlier reporting for December 1 showed a much smaller aggregate inflow (~$370,000) but notable intra-fund rotations — IBIT had large outflows while FBTC and ARKB drew inflows — highlighting active rebalancing among issuers. Traders should monitor daily ETF flow reports (sources include Trader T and Farside Investors), shifts in market share among issuers, and any break in the inflow streak. Sustained inflows into US spot Bitcoin ETFs can create buy-side pressure because issuers must acquire underlying BTC, potentially supporting a price floor and reducing volatility over time. Short-term impact may be limited by the modest daily totals and intra-fund rotations, but continued multi-day inflows are a constructive signal of institutional adoption and can influence liquidity and order-book dynamics for BTC.

US spot Ethereum (ETH) exchange-traded funds recorded a combined net outflow of $10.69 million on Dec. 2, driven primarily by a single $89.45 million redemption from BlackRock’s iShares Ethereum Trust (ETHA). Offsetting flows included $50.65 million into Fidelity’s Ethereum Fund (FETH) and $28.11 million into Grayscale’s Mini Ethereum product, according to TraderT. This marked a second consecutive day of net ETF withdrawals, but the distribution of flows points to rotation among major issuers rather than wholesale liquidation of ETH exposure. Possible drivers include profit-taking, fee or liquidity arbitrage between providers, month/quarter-end rebalancing and broader crypto market moves. For traders, the main takeaways are: monitor ETF flows (especially large moves in ETHA) as they can create short-term liquidity and price pressure; watch cumulative net inflows over the coming weeks to assess sustained demand; and expect continued rotation between issuers as institutional investors optimise for fees and liquidity. Keywords: Ethereum ETF, ETF flows, ETHA, FETH, Grayscale.

Canton Network (CC) opened the week bullish following recent institutional partnerships, but the rally quickly lost momentum. CC has slipped below a key support at $0.084 and fell 12% in 24 hours, with further downside targeting the next support near $0.072. On-chain and technical indicators show mixed signals: the Accumulation/Distribution line is trending lower, indicating sustained selling, while Chaikin Money Flow has ticked above zero, suggesting pockets of buying. Trading volume reached about 643,000 CC, and derivatives data show Open Interest down ~10% to ~$12 million while the weighted funding rate remains slightly positive (~0.0003%), implying residual long-side pressure. If the funding rate stays positive, it could attract short-term capital and blunt the decline; a decisive break below $0.072, however, would likely push CC to a new all-time low and invite heavier selling. Traders should watch support at $0.072, volume, A/D trend, and funding-rate/OI dynamics for signs of either a relief bounce or continued capitulation.

Onchain Lens data reported a significant whale transfer involving AAVE tokens. The address withdrew 17,779 AAVE (~$3.3M) from Kraken and redeployed funds into Aave V3. Overall on-chain analysis shows the wallet has accumulated 310,617 AAVE (≈$59.34M) across DeFi venues. The move signals a shift from exchange custody to protocol liquidity and indicates sizeable position-building in Aave. Traders should note potential short-term liquidity tightening on exchanges, increased on-chain supply in Aave V3, and the possibility of larger market impact if the whale adjusts positions or uses the tokens as collateral.

Market commentator Austin Hilton attributes a broad crypto rebound — including XRP’s ~6% gain — to easing macro uncertainty and growing institutional participation. Bitcoin climbed over 6 toward $90,000 and Ethereum rallied ~7 toward $3,000 amid stabilization after a yen carry-trade–related sell-off. Hilton says the initial volatility reflected traders repricing long-standing yen carry-trade risks; once markets absorbed the implications, equities and crypto recovered in tandem. He also highlights Vanguard allowing retirement accounts to trade crypto-focused ETFs as a notable institutional development likely improving sentiment. Overall, Hilton views the move as a constructive, sentiment-driven recovery rather than evidence of structural weakness in major tokens. (Not financial advice.)

The Australian Bitcoin Industry Body (ABIB) has lodged a formal complaint against the Australian Broadcasting Corporation (ABC), accusing the public broadcaster of publishing a one-sided, sensationalist piece that misrepresented Bitcoin by overstating criminal use and downplaying legitimate use cases and institutional adoption. ABIB says the ABC report used fear-driven language, focused narrowly on price volatility and U.S. political links, and omitted blockchain context, energy-grid and humanitarian applications, local examples and available data showing only a small share of on-chain volume linked to crime. The complaint cites breached editorial standards, requests corrections and balanced reporting, and warns biased coverage could deter consumer adoption, mislead regulators, slow domestic blockchain innovation and shift investment offshore. ABC has acknowledged receipt but not issued a public substantive response; ABIB can escalate to the Australian Communications and Media Authority (ACMA) if unsatisfied. The dispute arrives as Australian policymakers consider new crypto regulation, a backdrop that could influence parliamentary recommendations, ASIC enforcement priorities and ATO guidance. For traders: monitor regulatory signals, potential shifts in domestic sentiment and media scrutiny — developments could affect local institutional flows and short-term price reaction for Bitcoin (BTC).

US President Donald Trump publicly signalled that Kevin Hassett, director of the White House National Economic Council, is the leading candidate for Federal Reserve chair, saying the field had narrowed “from 10 to 1.” The remark triggered rapid repositioning in prediction markets: Kalshi and Polymarket implied Hassett’s odds rose from about 66% to roughly 85%, reflecting large, money-backed bets. Hassett reportedly holds roughly $1 million in Coinbase stock and has engaged with Coinbase’s digital-asset working group. He is known as a dovish economist who favours earlier or larger rate cuts. Traders and markets interpret his likely appointment as increasing the probability of sooner or deeper US interest-rate cuts, which typically weakens the dollar and boosts risk assets. For crypto traders, the immediate implications are structurally bullish: lower rates and friendlier regulatory or banking access could lift demand for major tokens (notably BTC and ETH) and attract fresh capital into the sector. Key trading signals to monitor: updates to prediction-market odds, Fed nomination and confirmation timeline, macro data that affects Fed policy (inflation, payrolls), regulatory announcements on stablecoins and banking access for crypto firms, and any disclosures about Hassett’s Coinbase holdings. Risks include potential politicization of the Fed and longer-term macro instability if policy becomes less independent. Primary keywords: Kevin Hassett, Fed chair, prediction markets, Coinbase, crypto, rate cuts. Secondary keywords: Kalshi, Polymarket, dollar weakness, risk assets, dovish policy.

The FDIC is finalizing its first formal rule package under the GENIUS Act to regulate USD payment stablecoins issued by subsidiaries of FDIC‑supervised banks. Acting Chair Travis Hill told Congress a draft application framework — covering paperwork, disclosures and application standards for FDIC‑supervised issuance of USD‑pegged stablecoins — will be submitted to the House Financial Services Committee before the end of December 2025. That proposal will open a public comment period. A second proposal planned for early 2026 will set prudential measures: capital, liquidity and reserve‑asset diversification that ensure issuers can meet redemptions under stress. The GENIUS Act (signed July 2025) creates a multi‑agency oversight regime (FDIC, Fed, Treasury) and limits issuance to licensed entities; the Fed and Treasury are coordinating on capital, liquidity and diversification standards and have already sought public input. Market implications for traders: clearer federal paths for USD stablecoins should reduce regulatory uncertainty for bank‑sponsored stablecoins, but timing for new issuances may shift as issuers await final rules. Traders should watch the draft rules for scope (whether non‑bank issuers are covered), reserve composition rules, and proposed capital/liquidity thresholds — items that could affect supply dynamics, redemption risk perception, and short‑term market flows.

The UK government is reportedly preparing to ban cryptocurrency donations to political parties via a proposed Elections Bill to strengthen transparency and reduce risks of foreign interference and money laundering. The move targets parties using crypto fundraising — notably Reform UK and leader Nigel Farage, which this year became the first UK party to accept crypto donations through a dedicated portal. Supporters of the restriction, including senior MPs and anti-corruption figures, say crypto donations are harder to verify and could conceal illicit funds. The Elections Bill is also expected to tighten rules on shell companies and require risk assessments for donations that may represent foreign influence. Separately, related tax and reporting measures are advancing: the 2025 Budget confirmed new Cryptoasset Reporting Framework rules requiring exchanges to share trader identities and transaction records with HMRC from 1 January 2026, a change HMRC says could boost tax receipts. Traders should watch for legislative timing and detail — an outright ban would reduce crypto political exposure and could influence regulatory sentiment, while enhanced reporting increases on-chain privacy risks and compliance costs for exchanges and users.

Ethereum will activate the Fusaka mainnet upgrade on December 3, introducing Peer Data Availability Sampling (PeerDAS), support for R1-curve cryptography and EIP-7951 (improved mobile passkeys), plus EIP-7825 which caps single-transaction gas at about 16.8M. Node operators will see a staged increase in block gas target (initially to 60M with further capacity rollouts on Dec 9 and Jan 7) after successful testnets (Holesky, Sepolia, Hoodi). Developers, node operators and wallet providers are urged to update and test software ahead of each rollout window. Expected protocol effects include higher data throughput for rollups, lower congestion and fees, and increased blob throughput; EIP-7825 may require complex contracts to adapt. Markets showed a mixed-to-positive reaction: ETH price briefly rebounded and technical commentary cited a break of a prior descending channel with the $3,000 area acting as newly tested support. Short-term sensitivity remains high around key EMAs and the $3,000 level; traders should monitor actual on-chain throughput, gas-usage patterns, node/wallet upgrade progress, exchange netflows and fee dynamics to time entries and manage risk. Overall, the upgrade reduces structural congestion risk (positive for on-chain activity) but creates short-term event risk tied to adoption and software readiness.

Trader ‘Mahjong’ rebalanced leveraged positions, trimming ETH 25x longs slightly while increasing HYPE 10x exposure, according to HyperInsight via Coinotag on Dec 3. The ETH 25x long stands at 8,288.888 ETH and the HYPE 10x long at 10,000 HYPE tokens. Combined unrealized gains for the round are roughly $920,000. The move signals active risk management and shifting exposure across leveraged legs, offering a real-time view of institutional-style directional bets and liquidity distribution. Key data points — ETH 25x position (8,288.888 ETH), HYPE 10x position (10,000 HYPE), unrealized gain (~$920K) — are relevant for traders monitoring leverage concentration, funding pressure, and potential liquidation risk.

Kalshi, a CFTC‑regulated prediction market platform, has formed a strategic partnership with CNN to integrate Kalshi’s real‑time probability data into CNN’s news production. CNN producers and anchors will be able to reference market‑implied odds on economic events, elections and policy decisions in graphics and segments, adding a crowd‑sourced, forward‑looking layer to traditional expert commentary. The deal aims to improve storytelling by showing dynamic probability shifts and offering quantified forecasts, while requiring clear audience education about what probabilities represent. For investors and traders, the partnership highlights growing institutional acceptance of alternative data and suggests prediction‑market signals may become a visible input shaping narrative risk and short‑term sentiment. Kalshi’s regulatory status (CFTC‑regulated exchange) and CNN’s global reach could broaden public understanding and participation in prediction markets and prompt similar deals across media. This development is a data‑integration milestone rather than trading advice; eligibility and trading rules on Kalshi remain unchanged.