Category: Analysis

XRP ETF Extends Daily Inflow as Total Volume Tops $1.2 Billion

Key Notes XRP ETFs have consistently recorded net inflows, a sign of sustained adoption. The ETF products recorded about $43.9 million in net inflows on December 22. XRP price is still lagging, a proof of divergent ecosystem metrics for the altcoin. Spot XRP ETF products have taken the broader cryptocurrency market by surprise with their massive inflows as some other altcoin funds struggle to find stability. The demand for the XRP ETF is on the rise and has led to an uninterrupted inflows streak. This outlook suggests that institutional investors…

Crypto Market Sees $250M in Liquidations

Key Notes Crypto liquidations topped $250 million in 24 hours as Bitcoin slipped below $88,000 ahead of US GDP data. Total crypto market cap fell 2.46% to $2.96 trillion, while the Fear & Greed Index dropped to 24 (extreme fear). Falling active addresses and weak volume divergence suggest the market may need more time to stabilize. The broader crypto market is facing yet another selling pressure, with daily liquidations soaring past $250 million ahead of the US GDP data release on Dec. 23. After the rejection at $90,000, Bitcoin BTC…

Gold Silver Rally but Bitcoin Fails to Catch Up

Key Notes Bitcoin is down roughly 30% from its October peak and is on track for its worst Q4 in seven years. The crypto market has shed over $700 billion in market cap since October. Some suggest market manipulation, while others believe BTC is following the risk curve. Gold and silver have pushed to new highs, while US equities have reached near record levels. However, Bitcoin BTC $87 780 24h volatility: 2.4% Market cap: $1.75 T Vol. 24h: $38.96 B has been moving sideways after a sharp correction. The leading…

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…

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…

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…