Author: John Smith
Strategy has made its largest Bitcoin purchase in months, acquiring 10,624 Bitcoin for approximately $962.7 million last week. Summary Strategy Inc. acquired 10,624 Bitcoin for $962.7 million, bringing its total holdings to 660,624 BTC, despite a 60% decline in its stock price over the past six months. CEO Michael Saylor remains committed to accumulating Bitcoin long-term, rejecting the sale of assets to fund dividends, and has built a $1.44 billion cash cushion to support the company for nearly two years. The company faces increasing competition as major banks like JPMorgan and Morgan Stanley launch Bitcoin-linked products, challenging Strategy’s role as…
The number of Bitcoin addresses holding balances greater than 0.1 BTC has declined over a two-year period for the first time since the cryptocurrency network’s launch in 2009, according to blockchain data reported by Protos.com. Summary The number of Bitcoin addresses holding more than 0.1 BTC declined by 2.3% over two years, marking the first drop since Bitcoin’s launch in 2009. While smaller wallets (holding 0.01 BTC or more) saw only a 0.7% decline, larger wallet balances experienced a sharper decrease. The decline reflects evolving Bitcoin infrastructure, with many investors using intermediaries like ETFs and exchanges, alongside changing security practices…
Over the past day, the XRP price has been fluctuating, dipping to $2 before bouncing back about 1.3%. And the timing couldn’t be more interesting, with traders nervously eyeing tomorrow’s Fed meeting, which might set the mood for the whole crypto market as we head into the final stretch of the year. Summary XRP price has been fluctuating, hovering around $2.07 after dipping to $2. Traders are closely watching the December 9–10 Fed meeting, which could influence crypto market trends. XRP shows strong demand, supported by recent institutional traction and ETF launches. Upside targets include $2.20 and $2.40 if $2…
HBAR price remained in a narrow range above a key support level as exchange-traded funds’ inflows dried. Summary HBAR price has formed a head-and-shoulders pattern on the daily chart. It has also formed a death cross pattern as the 50-day and 200-day moving averages crossed each other. Demand for the recently launched HBAR ETFs has dried in the past few days. Hedera (HBAR) token was trading at $0.1350, down by 55% from its highest point in August. Data compiled by SoSoValue shows that the cumulative total inflows in Hedera ETFs stood at $82 million, bringing the total net assets to…
Dogecoin price continues to trade within a bearish market structure, yet emerging signals suggest a possible bottom forming as price compresses near key support levels. Summary DOGE maintains a confirmed bearish structure with repeated resistance failures. Weak buying pressure keeps downside risk elevated despite early bottoming signals. A true recovery requires a structural break supported by expanding bullish volume. Dogecoin (DOGE) price action remains firmly confined within a bearish market structure, with sellers dominating momentum since the rejection of the high-time-frame resistance near $0.21. Despite several attempts to break through regional resistance levels, DOGE has consistently failed to generate the…
Pi Network price continued its downtrend today, Dec. 8, as a lawsuit filed against the developers in October emerged. Summary Pi Network price has pulled back by double digits in the past few days. A lawsuit against the parent company and its founders was filed in the U.S. The coin’s biggest whale has continued accumulating in the past few days. Pi Coin (PI) token dropped to $0.2200, its lowest level since Nov. 16, and ~23% below the highest point on Nov. 28. It remains much lower than the all-time high. The ongoing Pi Network price crash happened after details of…
On-chain gas futures proposal aims to make Ethereum transaction fees predictable for high-volume users and enterprises by locking in gas prices ahead of time. Summary Vitalik Buterin proposes an on-chain gas futures market allowing users to pre-buy gas at fixed prices for later use. The design extends EIP-1559, offering price predictability for exchanges, rollups, and enterprises without directly lowering gas fees. Futures prices would signal expected demand for Ethereum blockspace, creating new economic inputs for scaling and resource allocation. Ethereum co-founder Vitalik Buterin has proposed a new on-chain gas futures market designed to address transaction fee unpredictability on the network,…
Solana holds 18‑month support as traders bet on Fed easing, with bullish RSI/MACD signals, rising ecosystem activity, and fresh institutional inflows boosting upside odds. Summary Solana has defended an 18‑month support zone while traders watch the upcoming FOMC meeting for signals of monetary easing and renewed market liquidity. Weekly and daily charts show RSI seller exhaustion, a potential double bottom, and improving MACD structure, with the 200‑day MA band as key resistance. Solana’s ecosystem growth, strong staking, NFT and DeFi activity, plus institutional inflows and rising social buzz, reinforce a constructive setup despite volatility. Solana’s price has maintained a key…
The Federal Reserve’s final FOMC meeting of 2025 is on the horizon, with markets positioning for a possible rate cut that could steer risk sentiment into early 2026. Summary The FOMC meets on Dec. 9–10, with a policy statement and Jerome Powell’s press conference scheduled for Dec. 10. Markets price in an 87% chance of a 25bp rate cut to 3.50%–3.75%, alongside updated economic projections and confirmation of QT’s recent end. Risk assets, including crypto, could see sharp moves depending on whether the Fed maintains a dovish stance or signals caution heading into 2026. Investors and economists will be closely…
Crypto prices today show a steady rebound after a sharp weekend drop, with the total market up 1.7% in the past 24 hours to $3.2 trillion. As of press time, Bitcoin was trading at $91,091, up 1.6%, while Ethereum gained… Source link