alltrending-24htrending-weektrending-monthtrending-year

Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Gate Perp DEX Launches New Year Trading & BTC Price-Prediction Challenge — 20,000 USDT Prize Pool

|
Gate Perp DEX is running a New Year Challenge from Dec 25, 2025 to Jan 10, 2026 with a total 20,000 USDT prize pool. The promotion combines two play modes: a 15,000 USDT trading-challenge pool rewarding users who complete first trades, trade multiple pairs, or record profitable trades; and a 5,000 USDT BTC/USDT perpetual contract index price-prediction pool where the top 200 closest forecasts share rewards. The announcement targets increased trading activity and user engagement on Gate Perp DEX during the holiday window. No investment advice is provided.
Neutral
Gate Perp DEXTrading ChallengeBTC Price PredictionUSDT Prize PoolDerivatives Promotions

USDC Treasury mints $60M on Ethereum, raising stablecoin liquidity questions

|
USDC Treasury minted $60 million USDC on the Ethereum blockchain, according to Whale Alert. The mint increased USDC circulating supply on Ethereum but the reports give no counterparty, reason for issuance, or whether the tokens correspond to new fiat deposits or internal treasury movements. No trade, price, redemption, or transfer details were provided. For traders, large stablecoin mints can expand on-chain liquidity and enable bigger flows between exchanges and DeFi, potentially affecting market depth and execution for crypto trades. However, without accompanying redemption or transfer data, the immediate price impact is unclear. Monitor subsequent on-chain transfers, exchange inflows/outflows, and USDC supply changes for clearer signals.
Neutral
USDCstablecoinEthereummintingon-chain liquidity

AVAX tops $12 after Grayscale updates Avalanche ETF filing

|
AVAX rose above $12 after adding roughly 2% as Grayscale filed an updated S-1 form to convert the Avalanche Trust into an ETF, changing sponsor details to Grayscale Investments Sponsors LLC. The filing did not disclose management or staking fees. Futures open interest for AVAX increased about 1.66% in 24 hours to $499.87 million, signaling fresh position-building by traders, while a slightly negative funding rate (-0.0113%) indicates marginal willingness to pay for shorts. On the 4-hour chart technical indicators show improved bullish bias: RSI ~52 and a bullish MACD crossover. Immediate resistance sits near $12.78, with a target of $13.50 if daily closes above resistance; a failure could see a retest of $11.18 support. Key keywords: AVAX, Avalanche ETF, Grayscale, open interest, funding rate, RSI, MACD.
Bullish
AVAXAvalanche ETFGrayscaleOpen InterestTechnical Analysis

Small-cap altcoins rally as Ethereum sees heavy CEX outflows and accumulation

|
The crypto market cap rose 0.9% to $2.96 trillion on Christmas Day as smaller altcoins outperformed major caps. The CMC20 index (top 20 tokens) gained only 0.27%, signaling stronger moves among small-cap altcoins. BTC ticked up ~0.8% to about $87,700 while ETH consolidated near $2,940. Centralized exchanges recorded a net outflow of ~43,800 ETH in 24 hours and roughly 605,370 ETH (~$1.8bn) over 30 days, indicating significant ETH accumulation off exchanges. US-based ETH ETFs saw $52.8m in net outflows in 24 hours, and Bitcoin investment products registered a fifth straight outflow of $175.3m. Analysts note declining BTC whale and shark wallet activity, a pattern seen in late 2021, though some commentators (e.g., Anthony Pompliano) argue year-end weakness in BTC doesn’t necessarily predict a bearish Q1 2026. Key market signals: small-cap altcoin strength, large ETH CEX outflows (accumulation), reduced 24h volume (-32%), and continued outflows from BTC/ETH investment products. Traders should watch liquidity, ETH supply on exchanges, and whale activity for near-term volatility and altcoin rotation opportunities.
Neutral
EthereumAltcoinsExchange OutflowsBitcoinMarket Liquidity

Hoskinson: UTXO Model Prevents Address-Poisoning Scams Like $50M USDT Theft

|
Cardano founder Charles Hoskinson commented on a recent $50 million USDT on-chain theft caused by an address-poisoning attack that exploited account-based wallet behavior. The scammer sent a small USDT amount from a wallet crafted to resemble an address the victim had previously used; the victim copied the poisoned address from transaction history and later sent nearly $50 million to it. Hoskinson argued such a scam is far less likely on UTXO-based chains like Bitcoin and Cardano because UTXO wallets create transactions from discrete outputs instead of relying on persistent account addresses shown in history. The incident highlights a human-design interaction risk inherent to account-based chains (used by Ethereum and many EVM networks) rather than a smart-contract or protocol exploit. The stolen USDT remains at the destination address and may be moved or exchanged. Key points: address-poisoning attack, $50M USDT loss, account-based vs UTXO model, Bitcoin and Cardano cited as more resilient to this specific social-engineering/vector attack.
Neutral
UTXOAddress poisoningUSDT theftCardanoBitcoin

Ripple CTO: 2017 XRP Escrow Restricted — It Cut, Not Freed, Ripple’s Sales

|
Ripple CTO David Schwartz clarified that the 2017 XRP escrow limited Ripple’s ability to sell XRP rather than enabling monthly dumps. In a public discussion triggered by an investor claim that the escrow allowed Ripple to sell up to 1 billion XRP per month to fund operations, Schwartz said he had opposed the escrow because it locked 55 billion XRP and replaced flexible sales with a fixed monthly release schedule. He noted that prior to 2017 Ripple faced no formal monthly cap on token sales. Schwartz also disputed assertions that scheduled escrow releases meaningfully depressed XRP’s price, arguing markets already price in known, predictable supply events and citing XRP’s price trajectory alongside Stellar (XLM) as comparative evidence. The exchange highlights persistent debate in the XRP community about how escrowed releases and Ripple’s sales affect supply and valuation. For traders: the clarification reduces uncertainty about discretionary large monthly sell-offs (Schwartz says escrow removed that optionality) but keeps supply predictability—meaning scheduled supply is known and likely already factored into XRP’s price. Key keywords: XRP escrow, Ripple sales, David Schwartz, XRP price, supply schedule.
Neutral
XRP escrowRipple salesDavid Schwartztoken supplymarket impact

BitMine’s $15B ETH Treasury Hits $3.5B Paper Loss as Whales Continue Buying

|
BitMine Immersion, the largest Ethereum treasury firm, holds 3.7 million ETH after investing $14.6 billion but is carrying an unrealized loss of about $3.5 billion following a 40% Q4 price drop that left ETH trading around $2.6K–$2.9K. BitMine chair Tom Lee remains bullish, continuing to scale holdings while some smaller treasuries such as SharpLink and ETHZilla have liquidated ETH positions and exited their strategies. Treasury firms now control roughly 5.6% of circulating ETH supply, rivaling institutional ETF demand. Meanwhile, whale accumulation accelerated through 2025: addresses holding 10K–100K ETH amassed over 21 million ETH, and Liquid Capital reported buying $1.72 billion of ETH in November with plans for another $1 billion. Valuation models (7 of 10 metrics) place ETH fair value near $4.2K, implying roughly 45% upside from current levels, though past performance is no guarantee. Traders should note heightened concentration in ETH treasuries, continued whale accumulation, and divergent behavior among treasury firms when assessing volatility and liquidity risks.
Neutral
EthereumBitMineTreasury LossWhale AccumulationMarket Valuation

On-chain data: Trend Research holds ~645k ETH, paper loss $242M

|
On-chain analytics show Trend Research—an entity suspected to be affiliated with Yili Hua—began a new Ethereum accumulation in early November and currently holds about 645,000 ETH (~$2.1B). The average acquisition price is $3,299.43, leaving an unrealized loss of roughly $242 million. Most buying occurred in November (over 88% of the position) using at least seven primary addresses. If Trend Research executes a reported plan to buy an additional $1 billion of ETH, it could become the second-largest on-chain ETH holder behind Bitmine and ahead of SharpLink. The report is market information and not investment advice.
Neutral
EthereumOn-chain analyticsWhale accumulationMarket positioningTrend Research

Fed liquidity will decide if Bitcoin gets a year-end ‘Santa rally’ as panic index hits lows

|
Bitcoin may see a modest year-end "Santa rally" as market volatility declines and US equities hit record highs. Key drivers: the CBO’s stronger-than-expected Q3 GDP (annualized 4.3%) and subdued investor fear — the VIX has fallen to its lowest level in 2025 — which lift risk appetite. Analysts say the immediate upside for BTC depends heavily on renewed liquidity from the Federal Reserve and its policy path; though inflation remains around 2.9%, the Fed is expected to cut rates multiple times next year, which would favor risk assets. Short-term factors working for a mild Bitcoin bounce include lower volatility, potential rotation from gold (which has outperformed BTC recently), and seasonally thinner holiday trading that can amplify moves. Constraints: lingering Fed uncertainty, low trading volumes during the holiday window, and absence of major catalysts make a sustained breakout unlikely. Institutional commentators describe the market as "quietly bullish" with limited upside (SP500 cited as moving toward 7000), suggesting BTC could gain modestly over the last trading days into early January but not trigger a large, persistent trend without clearer Fed easing and stronger bid demand. This is market analysis and not investment advice.
Neutral
BitcoinFederal ReserveLiquiditySanta rallyVolatility (VIX)

Hong Kong Advances Crypto Licensing Frameworks for Exchanges and Service Providers

|
Hong Kong regulators are moving forward with licensing frameworks for cryptocurrency trading platforms and related service providers. The city’s securities regulator and financial authorities have outlined steps to formalize licensing rules aimed at improving investor protection, market integrity and anti-money laundering controls. Key elements include mandatory licensing for crypto exchanges serving Hong Kong users, compliance requirements for custody, know-your-customer (KYC) and transaction monitoring, and oversight of token listings and stablecoin arrangements. The frameworks seek to balance innovation and risk management, clarifying when virtual asset service providers must register and imposing conduct standards. Officials indicated staged implementation and consultations with industry stakeholders to refine technical and operational standards. The measures are designed to attract compliant crypto businesses while reducing regulatory arbitrage and enhancing Hong Kong’s competitiveness as a regulated crypto hub.
Neutral
Hong Kong crypto regulationcrypto licensingexchanges complianceAML/KYCstablecoin oversight

Top five 2025 token sales raised $2.92B led by MegaETH, PUMP, WLFI

|
Token offerings in 2025 were highly concentrated: the top five sales raised approximately $2.92 billion. MegaETH, an Ethereum Layer-2, led with bids near $1.4 billion despite a $50 million cap, producing ~28x oversubscription and a fully diluted valuation near $27.8 billion; the sale opened in October and benefitted from endorsements by figures like Vitalik Buterin and Joe Lubin, high testnet throughput, and extensive KYC participation. PUMP’s public sale raised $600 million in under 12 minutes ($500M on-chain, $100M off-chain), implying a $4 billion fully diluted valuation. World Liberty Financial (WLFI), backed publicly by Donald Trump and supported by Justin Sun and Web3Port, raised about $590 million across staggered rounds (initial $300M then $250M). Monad, an EVM-compatible layer-1, exceeded its $187M target by raising $269M in a Coinbase-hosted sale with ~85,000 contributors and 7.5% of supply sold; over half of its total supply was locked at launch. Privacy-focused Aztec Network completed a community-focused auction raising ~61.3M (19,476 ETH) from over 16,700 wallets using a continuous clearing auction via Uniswap Labs infrastructure. These results highlight investor preference for high-profile branding, robust technical demos, celebrity or institutional backing, and community-aligned tokenomics.
Bullish
token salestokenomicsICO/IDOlayer-2fundraising

Nearly 48% of XRP Holders Are Underwater, Echoing Pre-2024 Rally Levels

|
On-chain data from Glassnode, cited by analyst Steph Is Crypto, shows about 52% of XRP’s circulating supply (≈60.57 billion tokens) is in profit, leaving nearly 48% of holders with unrealized losses. Profitability has fallen in recent weeks amid a broader crypto market downturn; XRP is trading around $1.86 and has struggled to reclaim the $2 level. The drop in holder profitability coincides with lower futures open interest and reduced funding rates, indicating cautious derivatives positioning. Analyst notes this profitability share mirrors levels seen in November 2024, a period that preceded a sharp XRP rally into 2025 when price approached $3 after political and macro catalysts (post-election regulatory optimism). However, the analyst warns the same drivers are not present now. Current potential catalysts include regulatory developments such as the proposed CLARITY Act and growing interest in XRP ETFs. Traders should watch holder profitability, futures metrics, funding rates, and regulatory news for signals of changing risk appetite.
Neutral
XRPon-chain dataprofitabilityfunding ratesregulation

PBOC backs western China regions joining multilateral CBDC bridge to boost cross‑border payments

|
The People’s Bank of China (PBOC) said it will support provinces and regions along the Western Land‑Sea New Corridor participating in a multilateral central bank digital currency (CBDC) bridge project. Announced at a PBOC briefing explaining new financial support for accelerating construction of the corridor, the policy aims to leverage digital finance and green finance to open up and internationalize financial services in central and western China. PBOC Research Bureau director Wang Xin highlighted measures to promote cross‑border payments using CBDCs and to cooperate with the China‑Singapore Green Finance Working Group on green finance standards, products and tech financing. The guidance is presented as market support and not investment advice.
Bullish
CBDCcross-border paymentsPBOCWestern Land-Sea New Corridorgreen finance

Bitcoin reclaims $87K, builds momentum toward $90K resistance

|
Bitcoin (BTC) has climbed back above $87,000 after briefly testing $86,000, adding under 1% in the past 24 hours. Technical indicators on the 4-hour chart point to a gradually improving bullish bias: the RSI sits near 49 (approaching neutral 50) and MACD lines are converging. Key resistance sits at $90,533 — a level Bitcoin has struggled to clear recently — with a secondary resistance around $94,000 if $90.5K is breached. On the downside, renewed selling could push BTC back toward the December 18 low near $84,633. Notably, this price recovery occurs despite four straight days of net outflows from spot Bitcoin ETFs (about $188.64m on Tuesday per SoSoValue), highlighting weaker institutional demand during the holiday period. For traders: watch $90.5K as the critical upside pivot for momentum trades and $84.6K–$86K as key support zones for risk management. Primary keywords: Bitcoin, BTC, $90k resistance, spot BTC ETFs.
Bullish
BitcoinBTCSpot Bitcoin ETFTechnical AnalysisMarket Flows

Kyrgyz Stablecoin KGST Listed on Binance; CZ Calls It First Nation-Backed Coin on BNB Chain

|
Kyrgyzstan’s national stablecoin KGST has been listed on Binance, becoming the first stablecoin from a CIS country to appear on the global exchange. President Sadyr Zhaparov announced the listing and reiterated that KGST is backed 1:1 by the Kyrgyz som. The token will launch on BNB Chain, leveraging the network’s scalability and security. Binance founder Changpeng Zhao (CZ) described KGST as the first nation-backed stablecoin on BNB Chain and suggested “many more” nation-backed stablecoins could follow. Kyrgyz authorities expect KGST to support cross-border payments, promote the som in digital transactions, and attract international business. Key points: KGST pegged 1:1 to the Kyrgyz som; listed on Binance; issued on BNB Chain; presidential endorsement from Sadyr Zhaparov; CZ publicly commented, framing this as a potential trend toward state-backed stablecoins.
Bullish
KGSTstablecoinBinanceBNB Chainnation-backed

Jupiter Consolidates Solana DEX Flow, Capturing 93.6% of Aggregator Volume

|
Jupiter has regained dominance in Solana’s decentralized exchange (DEX) aggregation, capturing 93.6% of aggregator-routed DEX volume — its highest share in roughly six months. The platform now handles over 74% of Solana’s weekly trading volume, with peak weekly aggregator-routed volume exceeding $29.7 billion. Proprietary automated market makers (AMMs) are driving this concentration: AMMs account for 81.3% of aggregator execution volume, and HumidiFi alone processes more than 62% of Jupiter’s flow. The rise in AMM-driven execution has coincided with a jump in cyclical arbitrage activity (from ~2.5% to over 40% since 2024). The shift marks a structural change in Solana trading — aggregators now route the majority of DEX volume, improving liquidity routing efficiency but concentrating execution within a few AMMs and platforms.
Neutral
SolanaDEX AggregatorsJupiterAMMLiquidity

XRP Drops Below $1.90 — Whales Accumulate as $1.10 Risk Emerges

|
XRP broke the key $1.90 support after earlier losing $2.00 and briefly dipping under $1.80, now trading around $1.86–$1.88 following a short rebound. Analysts flagged the close below $1.90 as a critical technical event that could open a larger decline toward ~$1.10 — a level not seen since late 2024. Short-term indicators (TD Sequential) and recent price action signal retracement risk, while nearer supports sit at $1.85 and $1.60 (0.618 weekly Fibonacci). On-chain metrics are mixed: active addresses have declined, but whale wallets show accumulation and spot taker CVD points to prevailing buying pressure despite the price drop. XRP ETFs continue to record inflows, supporting demand (cumulative flows around $1.1bn). Key trade considerations: (1) $1.90 has flipped to a critical resistance — a confirmed weekly close below increases probability of a run toward $1.10; (2) reclaiming $1.90 (and $2.00) is needed to re-establish bullish structure and could trigger short-covering; (3) whale accumulation and positive taker CVD could cap downside or spark a bounce; (4) traders should monitor on-chain flows, ETF inflows, whale wallet activity, and whether price can hold above near supports before increasing exposure. This is informational and not financial advice.
Bearish
XRPsupport breakwhale accumulationon-chain flowsETF inflows

Analysts Spot Fractal Accumulation in Dogecoin; $0.138 Key for Recovery

|
Technical analysts identify a four-point fractal and rounded-bottom accumulation in Dogecoin (DOGE), suggesting current low-volatility consolidation could precede a breakout. Analyst Cryptollica places DOGE at "Point 4," a consolidation phase historically preceding strong rallies; weekly RSI near 32 is cited as a momentum-level that has aligned with past macro lows. Separately, analyst Kevin marks $0.138 as a critical threshold—reclaiming it would clear the 0.382 Fibonacci retracement and the 200-week simple moving average, signals often used to confirm structural strength. Kevin also links DOGE upside to Bitcoin strength, noting Bitcoin reclaiming $88k–$91k would likely support altcoin rallies. At the time of reporting DOGE traded near $0.12 and remains in a long-term dollar-cost-averaging/consolidation zone until macro triggers (e.g., BTC trend reversal) occur. Primary keywords: Dogecoin, DOGE, fractal pattern, RSI, $0.138, Fibonacci, 200-week SMA, Bitcoin. Secondary keywords: accumulation, consolidation, breakout, altcoin correlation. This brief gives traders key technical levels and the conditional market context to monitor for potential trade entries or risk management.
Neutral
DogecoinTechnical AnalysisFractal PatternRSIFibonacci / 200-week SMA

Cardano Faces an Uphill 2026: Macro Weakness, Low Liquidity and Bearish Technicals

|
Cardano (ADA) is positioned for a challenging 2026 as macroeconomic stagnation, tightening liquidity and weak market sentiment weigh on the token. The article highlights slowing U.S. job growth and policy uncertainty as drivers that push risk assets, including ADA, out of favor. Technically, ADA trades around $0.35, hugging the lower Bollinger Band with contracting volatility and low volume; key support sits near $0.33 and $0.30 while resistance is near $0.40 and $0.47. A break below $0.30 could open downside to $0.25–$0.20. Investor hesitation, thin order books and reduced institutional interest mirror broader labor-market caution. The rise of AI and algorithmic trading may further bias capital toward risk-off strategies, keeping ADA out of favor in the short term, though AI-driven DeFi and governance improvements could revive interest in late 2026 or beyond. Forecasts: ADA may consolidate between $0.25 and $0.40 through H1 2026; a sustained recovery requires technical clearance above $0.47 plus improved macro liquidity or Fed easing. Traders should expect a grind rather than a breakout and prioritize risk management and patience.
Bearish
CardanoADA pricemacroeconomicstechnical analysisliquidity

Coinbase CEO Brian Armstrong Outlines Vision at Goldman Sachs Builders & Innovators Summit

|
Coinbase CEO Brian Armstrong spoke at the Goldman Sachs Builders & Innovators Summit about his personal background, early funding struggles and the company’s current focus. Armstrong recalled growing up with an interest in computer science, learning Linux and web development, and studying computer science in college. He said Coinbase initially failed to raise a $1 million round at Y Combinator demo day and closed only $600K. Armstrong credited a chance meeting with former Goldman Sachs FX trader Fred Ersham (co‑founder) as pivotal. Today Coinbase serves retail customers, institutional clients and developers via its platform. Armstrong identified prediction markets and tokenized equities as high‑potential areas, highlighting benefits such as better policy signals from prediction markets and expanded accessibility plus 24/7 trading for tokenized stocks. The remarks reinforce Coinbase’s emphasis on infrastructure, developer tools and new product categories rather than specific market forecasts or token listings.
Neutral
CoinbaseBrian ArmstrongTokenized equitiesPrediction marketsCrypto infrastructure

409M SOL staked but validators plunge — What it means for Solana traders

|
Solana reached a record 409 million SOL staked in 2025, signaling stronger network security and rising activity in real-world asset (RWA) tokenization. RWA holders on Solana hit over 115,000 (up 11% in 30 days), and Q4 2025 net RWA inflows to Solana were $216 million. Despite these fundamentals, SOL’s price has fallen about 58% to near $121. A major factor: the Solana Foundation cut validator subsidies, reducing delegated SOL to small validators from 85M to 23M and precipitating a 68% drop in active validators (from ~2,500 to ~800). That concentration raises decentralization concerns compared with networks like Ethereum, which has ~1 million validators. For traders, the divergence between improving on-chain metrics (staked supply, RWA holders) and weak price action highlights potential short-term selling pressure and concentration risk, while longer-term upside depends on whether decentralization and inflows recover.
Neutral
SolanaSOLStakingValidatorsRWA

Expert Lists 5 Unchanging Bullish Facts About XRP and the XRPL

|
Jake Claver, CEO of Digital Ascension Group, outlined five core bullish attributes of XRP and the XRP Ledger (XRPL) that he says remain true despite recent criticism from rival communities. Key points: (1) Decentralization — XRPL runs as a layer-1 ledger supported by a global set of independent validators (185 running rippled versions per XRPScan) using its own consensus model, not PoW/PoS; (2) Deflationary supply — XRP launched with a fixed 100 billion supply and transaction fees permanently burn tiny amounts (~0.00001 XRP), totalling about 14.2 million XRP burned since 2012; (3) Native DEX — XRPL includes a built-in decentralized exchange (central limit order book) and AMMs for liquidity without external apps; (4) Tokenization — XRPL natively supports issued tokens (stablecoins, RWA, NFTs) without smart contracts; (5) Layer-1 native features — payments, escrow, token issuance and decentralized trading are implemented at protocol level, reducing smart-contract risk (Hooks offers limited programmability). The piece also covers counterpoints from Chainlink proponent "Fishy Catfish," who argued XRPL lacks strong on-chain mechanisms linking usage to price, pointed to low TVL and DEX volume (<$3M/day), limited developer headcount, and Ripple’s ecosystem focus (including issuing most RLUSD on Ethereum). The article frames these claims as opinion and not financial advice.
Neutral
XRPXRPLRippleDeFiTokenization

Zcash eyes breakout from ascending triangle — $475 key to 45% upside

|
Zcash (ZEC) has shown renewed bullish momentum after defending key support and forming an ascending (bullish) triangle on the 4-hour chart. Price recently rebounded ~10% from the $400 area and is trading near $446, roughly 45% above December lows but about 38% below November’s high. Technical indicators support upside: MACD shows a positive crossover, Supertrend is in buy mode, and the pattern’s neckline sits at $475. A confirmed, volume-backed breakout above $475 could target approximately $648 — roughly 45% above current levels. Failure to clear $475 or a false breakout would likely keep ZEC range-bound and raise the chance of a retest of $400. Fundamental drivers reinforcing the bullish case include rising use of shielded (zk-SNARK) transactions — now representing roughly 30.6% of supply (about $2.24B shielded) — growing market discussion around privacy tokens, DeFi integrations, and continued speculation about institutional products such as a possible Grayscale ZEC vehicle or ETF. Short-term traders should watch $475 as the trigger: a clean breakout with volume could fuel rapid upside; lack of follow-through or heavy profit-taking could push price back toward support. This is market information, not financial advice.
Bullish
ZcashZECTechnical AnalysisPrivacy TokensETF speculation

PENGU surges after Pudgy Penguins ad appears on Las Vegas Sphere

|
PENGU rallied roughly 7.5% from its Dec. 24 low after Pudgy Penguins ran an ad campaign on the Las Vegas Sphere, becoming the second crypto-native brand (after Crypto.com) to appear on the venue’s massive LED dome. The campaign, which the Pudgy Penguins team said cost about $500,000 and runs for several days from Dec. 24, exposed the project to millions of viewers on-site and via social media. PENGU, the utility and governance token for the Pudgy Penguins NFT ecosystem, has been in a downtrend since Dec. 10 and is down over 18% for the month, but the Sphere appearance triggered a short recovery; at press time the token had given back some gains but remained up about 6% on the 24-hour timeframe. Other major tokens (ETH, BNB, XRP, SOL) were largely flat, showing only minor moves. The article notes prior positive reactions to mainstream exposure — PENGU rose over 10% in September after being mentioned in NYSE-listed Bullish’s earnings materials. Traders should watch short-term volatility around event-driven PR, liquidity on exchanges, and whether sustained mainstream marketing leads to longer-term utility adoption.
Bullish
PENGUPudgy PenguinsNFTMarketing & AdoptionEvent-driven price moves

Huobi HTX Lists SQD/USDT Perpetual Contract and Launches $10,000 Trading Campaign

|
Huobi HTX has launched the SQD/USDT perpetual futures contract with up to 20x leverage and simultaneously opened a contract trading campaign running from Dec 25, 16:00 to Jan 1, 16:00 (UTC+8). The promotion features a $10,000 prize pool. Eligible users must register and achieve a cumulative valid trading volume of at least 10,000 USDT in SQD/USDT perpetual contracts to share the reward pool; new contract users trading SQD/USDT will receive additional exclusive benefits. The announcement emphasizes market information only and does not constitute investment advice.
Neutral
SQDPerpetual ContractHuobi HTXLeverage TradingTrading Campaign

XLM remains under $0.22 as rising derivatives open interest fuels bearish outlook

|
Stellar (XLM) is trading below $0.22 and showed less than 1% decline amid a broadly bullish crypto market where Bitcoin trades above $87k. Despite general market gains, XLM has failed to reclaim key resistance and bearish momentum is building. Derivatives data from Coinglass shows futures open interest (OI) surged to $112M within 24 hours (from $30M), while the long-to-short ratio sits at 0.91 — the highest in nearly a month. On the 4-hour chart XLM trades around $0.21; RSI is 43 (below neutral 50) and MACD lines are converging, indicating growing bearish pressure and trader indecision. Near-term technical risk: a retest of $0.20 (December 18 low) is possible, with a close below that level opening the path to the yearly low near $0.16 (October 10). Upside pivot remains at $0.22 if buying interest returns. Key trading considerations: monitor futures OI and long/short flows, watch 4-hour RSI and MACD for momentum shifts, and treat $0.20 and $0.16 as critical supports for stops or scaling strategies.
Bearish
StellarXLMDerivativesTechnical AnalysisMarket Sentiment

Record $23.7B Bitcoin options expiry may unlock BTC rally toward $100K

|
A record $23.7 billion (≈300k contracts) Bitcoin options expiry, concentrated on major platforms such as Deribit, is set to conclude this Friday. Market participants including QCP Capital and industry analysts say the expiry — coming during typically low Christmas liquidity — could release suppressed volatility and prompt sizable intraday moves. The reported “max pain” level sits near $95,000. Traders will watch whether large December $85,000 put positions are rolled, closed or adjusted; how those positions settle is likely to influence directional bias and may create upward pressure if downside protection is removed. BTC has traded in a tight $85k–$90k range for weeks, described as a “waiting game” while capital rotates between equities, gold/silver and crypto. Strength in precious metals (notably record moves in gold) has drawn flows; some commentators expect a metals pullback could free capital to rotate back into BTC and ETH. Short-term expectations include heightened intraday volatility around expiry and an initial bullish target cited near $100,000, though outcomes depend on whether large option blocks are reclaimed or repositioned. This report is informational and not investment advice.
Bullish
Bitcoin optionsBTCDerivatives expiryVolatilityMarket structure

BitMine Buys 67,886 ETH (~$201M), Treasury Tops 4M ETH — Large Institutional Accumulation

|
BitMine, Tom Lee’s Ethereum-focused treasury, purchased 67,886 ETH (≈$201 million), bringing its reported holdings above 4 million ETH — roughly 3% of circulating supply. This tranche follows earlier disclosed buys (including a prior ~29,462 ETH purchase and an earlier 98,852 ETH disclosure), lifting BitMine’s cumulative accumulation to over 4 million ETH. The firm reports an average acquisition price near $2,991 per ETH and values the treasury at roughly $12 billion at current market prices. BitMine frames the strategy as a long-term structural bet on Ethereum’s role in tokenization, DeFi and the proof-of-stake ecosystem. Market reaction was muted: BitMine’s NYSE stock ticked down slightly while ETH experienced short-term weakness. For traders, the key takeaways are: concentrated institutional buying that reduces free float, potential for continued price support if accumulation persists, increased staking/governance influence from large holders, and the possibility of heightened volatility as markets digest large treasury builds. Primary keywords: BitMine, Ethereum, ETH accumulation. Secondary keywords: institutional buying, treasury holdings, proof-of-stake, ETH supply.
Bullish
BitMineEthereumETH accumulationInstitutional buyingTreasury holdings

Solana Accumulation Near $120 as Institutions Pour $7.4B; MUTM Presale Near Sellout

|
Solana (SOL) is holding above the $120 support level amid recent price weakness, supported by substantial institutional accumulation via a dedicated fund reportedly buying $7.4 billion of exposure. The Solana network generated approximately $1.4 billion in revenue in 2025, cited as evidence of strong platform activity compared with Ethereum’s $522 million. Current SOL trading ranges around $120–$130; some analysts flag technical caution but expect upside toward $140 if trading activity remains high. Separately, presale token Mutuum Finance (MUTM) has raised $19.5 million and reports over 18,580 holders, with phase 6 nearly 99% sold at $0.035 and a planned phase 7 price of $0.040. MUTM claims a 250% gain for early backers and a CertiK security score of 90/100; V1 launch on Sepolia testnet is slated for Q4 2025. The article is a press release and includes a disclaimer advising due diligence. Primary keywords: Solana, SOL, institutional buying, Mutuum Finance, MUTM, presale.
Bullish
SolanaSOLInstitutional buyingMutuum FinancePresale