Category: Analysis

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…

Bitcoin Price Bottom Is Here, Says VanEck Citing Miner Capitulation

Key Notes Bitcoin price shows a contrarian behavior to Bitcoin mining activity as the hashrate sees a sharpest drop since April 2024. Breakeven electricity costs for rigs like the Antminer S19 XP have fallen about 35% since late 2024, suggesting a drop in profitability. VanEck estimates nearly 400,000 mining machines have been shut down. Crypto asset manager VanEck has recently released a report noting that the dip in Bitcoin mining activity suggests that the bottom is already here. Citing historical trends, they noted that miner capitulation has often been bullish…

IMF Confirms Negotiations for El Salvador’s Chivo Wallet Underway

Key Notes Negotiations between the IMF and El Salvador over the Chivo Bitcoin wallet are well advanced. Chivo talks are part of the second review of El Salvador’s $40-month IMF financing program. IMF says El Salvador has agreed to scale back public Bitcoin activity. The International Monetary Fund (IMF) said negotiations with El Salvador over the government-run Chivo Bitcoin wallet are well advanced. An active discussion is ongoing regarding a sale or wind-down of the platform, which was released in September 2021. The update came as part of the IMF’s…

Dogecoin (DOGE) Rebound Hits Resistance, Raising Fresh Rejection Risks

Dogecoin started a steady increase above $0.130 against the US Dollar. DOGE is now consolidating and might decline if it trades below $0.1275. DOGE price started a fresh increase above $0.1280 and $0.130. The price is trading above the $0.130 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.1315 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1280. Dogecoin Price Consolidates Gains Dogecoin price…

Bitcoin Price Holds Firm, Upside Extension Now in Trader Focus

boss

Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase. Bitcoin started a recovery wave above the $87,500 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $87,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $89,100 zone. Bitcoin Price Eyes More Gains Bitcoin price attempted a…

XRP Enters The Quiet Accumulation Phase For Institutional Players

As the broader crypto markets remain fixated on volatility and short-term narratives, XRP is quietly transitioning into the accumulation phase. Institutional players are increasingly positioning in silence, favoring strategic accumulation over public signaling. This phase is rarely loud or obvious, and it’s defined by patience, regulatory awareness, and long-term infrastructure planning rather than short-term speculation. While the broader crypto market debates short-term price swings, a quieter story is unfolding behind the scenes. According to skipper_xrp’s post on X, institutions and banks are methodically positioning themselves, and the word on the…

JPMorgan Explores Crypto Trading Desk as Wall Street Capitulates

Key Notes JPMorgan is in early exploration of a crypto trading desk targeting institutional clients. The initiative represents a strategic pivot from years of public skepticism. The bank already operates blockchain infrastructure through Onyx and processes Bitcoin ETF trades. JPMorgan Chase is exploring the launch of a cryptocurrency trading desk for institutional clients. The project is in early research phases. No launch timeline has been set. The move signals a significant operational shift for the largest US bank, aligning it with competitors already entering the digital asset market. The bank’s…

Coinbase Acquires The Clearing Company

Key Notes Coinbase acquired The Clearing Company to build regulated U.S.-based prediction markets. Polymarket’s $3.7B election volume exposed strong demand that Coinbase previously missed. The move diversifies Coinbase revenue beyond trading and pressures regulators to clarify rules. Coinbase has purchased its entry into the forecasting sector. The exchange announced the acquisition of The Clearing Company, a startup dedicated to constructing the rails for regulated prediction platforms. While the company kept the deal terms and the timeline for feature rollout private, the strategic intent is clear: Coinbase refuses to watch another…

Bitcoin Price Reclaims $90,000, Is This Dead Cat Bounce?

Key Notes Bitcoin price is currently trading above $90,000 after a recent rally. Cathie Wood and Peter Brandt are quite bullish in their prediction for the coin in the long term. There is no certainty that BTC will sustain the recent price pump amid the latest uncertainties. The broader cryptocurrency market has seen the price of flagship digital asset Bitcoin BTC $90 069 24h volatility: 2.4% Market cap: $1.80 T Vol. 24h: $33.92 B spike to $90,000. This sudden recovery has gotten crypto enthusiasts talking, with some suspecting that it…

What’s Behind the 10% AAVE Price Drop?

Key Notes AAVE price drop comes with strong selling pressure, with daily trading volume surging more than 235% to over $611 million. The controversy centers on Aave’s frontend change from ParaSwap to CowSwap, which may have diverted up to $10 million annually from the DAO. Aave Labs founder Stani Kulechov is currently in damage control mode, and in discussions with the community. While the broader crypto market is consolidating a bit, AAVE AAVE $156.8 24h volatility: 10.0% Market cap: $2.38 B Vol. 24h: $663.66 M price has seen a sharp…