Bitcoin price has traded below its two-year bull market channel for six weeks, with a 2021-style rounded top and VanEck’s hashrate drop data framing a pivotal retest of resistance. Summary BTC broke below a long-running ascending channel and has since logged three failed reclaims, turning the channel’s lower boundary into stiff resistance. Current price action echoes 2021’s rounded top: breakdown, sharp dump, corrective bounce and renewed selling into the same support zone now being retested. VanEck flagged a 4% hashrate drop that has historically aligned with market bottoms, but analysts…
Day: December 23, 2025
MSTR Stock Recovery Can Begin Anytime as Institutional Demand Jumps
Key Notes MSTR stock recovery in sight as Strategy’s $2.19 billion cash reserve provides nearly three years of runway. The expanded cash position helps ease pressure from outstanding convertible bonds and supports dividend coverage. A New Jersey public pension fund disclosed a $16 million investment in MSTR, while total institutional ownership rose from $155 million to $165 million. Market experts believe that the worst of the MSTR stock correction could be behind us, and recovery could begin anytime soon. The optimism comes as Strategy chairman Michael Saylor announced on Dec.…
Chainlink Whales in Sell-off Mode, Here’s Impact on LINK Price
Key Notes Since August, LINK price has been declining and is currently around $12.28. Chainlink whales have resorted to a massive selloff amid a gloomy macro outlook. The first Chainlink ETF went live for trading in early December, but with no impact on price. Chainlink LINK $12.29 24h volatility: 2.8% Market cap: $8.70 B Vol. 24h: $491.28 M price has been on a steady decline in the last few months, with most of its key metrics at their worst levels currently. Its market capitalization and trading volume have been fluctuating…
ZKsync Cuts Etherscan to Push Native Infrastructure, Eyes Token Utility in 2026
Key Notes Etherscan cannot properly index many native-level ZKsync features. All on-chain data will migrate entirely to the ZKsync native explorer on January 7, 2026. Developers using Etherscan APIs must migrate before the deadline. ZKsync will end Etherscan support for the ZKsync Era on January 7, 2026. Block, transaction, and contract data will move fully to the ZKsync native explorer. Developers relying on Etherscan APIs must migrate before that date. According to a GitHub post, ZKsync no longer fits standard EVM assumptions. Interop transactions, cross-chain bundles, Gateway settlement, and new…
Bitcoin ETF joins Treasuries as BlackRock doubles down on BTC for 2025
BlackRock names its spot Bitcoin ETF a top 2025 theme alongside cash-like Treasuries and U.S. blue chips after $25b of inflows, signaling BTC’s place in core portfolios. Summary BlackRock grouped the iShares Bitcoin Trust with a 0–3 month Treasury ETF and a top 20 U.S. stocks ETF as one of three flagship themes for 2025. IBIT has drawn over $25b in 2025 inflows and ranks sixth among all ETFs despite negative performance, showing BlackRock’s conviction over pure fee maximization. Analysts say placing Bitcoin beside cash-like and equity benchmarks could reset…
Base App is now live for everyone
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Tom Lee’s Bitmine Buys Another $88M ETH as ETFs Record Inflows
Key Notes Bitmine accumulated over $128 million in ETH in the past two days. Ethereum ETFs recorded $84.6 million in inflows, coming from Grayscale. The leading altcoin fell below $3,000 despite the notable accumulations. The Ethereum ETH $2 955 24h volatility: 2.6% Market cap: $356.64 B Vol. 24h: $21.18 B treasury company Bitmine Immersion, led by Fundstrat Capital’s CIO Tom Lee, has been accumulating the leading altcoin amid market consolidation. Bitmine purchased 29,462 ETH on Tuesday, Dec. 23, according to data from Lookonchain. It seems that Tom Lee(@fundstrat)’s #Bitmine just…
Altcoin Season Index Crashes To Low 17 As Bitcoin Price Struggles, What This Means
There’s been a major shift in profitability since the Bitcoin price crashed from $126,000, and altcoins have borne the brunt of it. With major altcoins down between 30% and 80% from their all-time high values, calls for an altcoin season have gone down drastically. This has been reflected in the performance of the Altcoin Season Index, falling to one of the lowest recorded levels in 2025 as the year draws to an end. Altcoin Season Index Says Losses Are The Order Of The Day The Altcoin Season Index Chart on…
Aave Founder Buys 84K AAVE, Will Prices Bottom amid ‘Civil War’?
Key Notes Stani Kulechov bought 32,660 AAVE at $158 on December 23. His AAVE position is currently down around $2.2 million, with AAVE at $153.75. The buys come amid a governance clash between Aave Labs and the DAO. Aave founder Stani Kulechov has made another heavy AAVE AAVE $152.0 24h volatility: 5.4% Market cap: $2.31 B Vol. 24h: $691.97 M token purchase as the project faces a major internal crisis. Data shared by Lookonchain shows Kulechov purchased 32,660 AAVE worth about $5.15 million at an average price of $158 during…
Ether ETFs Reverse Outflows as XRP Extends Inflow Streak
Spot Ether exchange-traded funds (ETFs) in the US recorded $84.6 million in net inflows on Monday, breaking a seven-day outflow streak in one of the biggest single-day reversals this month. The shift came after over $700 million exited spot Ether (ETH) products last week, highlighting a pause in selling pressure. According to SoSoValue data, the rebound lifted cumulative net inflows to about $12.5 billion. At the same time, XRP (XRP) ETFs extended their uninterrupted inflow streak, recording $43.9 million in net inflows on Monday, their strongest daily showing since early…