Category: Reviews

Ether Reclaims $3K in Surprise Upward Move, Sellers are Weakening

Key Notes Ether started the week above $3,000 after a sharp rise in trading activity. Taker Sell Volume points to fading sell-side pressure. A move above $3,200 would signal takeover by the bulls, analyst says. Ether ETH $3 047 24h volatility: 2.1% Market cap: $368.34 B Vol. 24h: $17.29 B has started the week on a positive note after a volatile stretch. On Dec. 22, the cryptocurrency reclaimed the $3,000 level as its trading volume jumped by 100%. Analysts are predicting a relief rally ahead, backed by cooling sell pressure.…

XRP ETFs Show Strength, Bitcoin ETF, Ethereum ETFs Bleed $490-$650M Last Week

Key Notes Spot XRP ETFs have seen six weeks of consistent inflows since launch in mid-November despite major macro uncertainties. Bitcoin and Ethereum ETFs saw heavy outflows of $497 million and $644 million last week, respectively. Apart from XRP ETFs, asset managers noted growing interest in Solana ETFs, which saw $66.5 million in inflows last week. Spot XRP XRP $1.93 24h volatility: 0.3% Market cap: $116.83 B Vol. 24h: $2.43 B ETFs in the United States have continued to show strength, clocking $82 million in inflows over the past week.…

Solana (SOL) Targets Upside Break, Bulls Smell Momentum Shift

Solana started a recovery wave above the $120 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $124 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $127 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $128 and $130. Solana Price Faces Resistance…

Here’s Why The XRP Price Keeps Crashing

On-chain analytics platform CryptoQuant has revealed why the XRP price keeps crashing, recently dropping below the psychological $2 level. The platform noted that the XRP ETF approval has failed to stop the selling pressure but instead looks to have escalated it.  Why The XRP Price Is Crashing Despite ETF Success In a CryptoQuant report, analyst PelinayPA revealed that the XRP price is facing significant selling pressure from whales holding between $100,000 and 1m XRP and those holding above 1m. These XRP whales are said to account for the majority of…

Bybit Exchange Re-Enters UK After 2-Year Hiatus

Key Notes Bybit has returned to the UK to offer users its spot trading and P2P service. This move comes two years after the UK intensified efforts towards crypto adoption. The UK Treasury has started work on crypto adoption to match the United States’ pro-crypto moves. Cryptocurrency exchange Bybit has pushed its business to the United Kingdom, aiming to meet the rising demand for digital asset platforms. It is delivering its services under a framework designed to meet the Financial Conduct Authority (FCA) financial promotion standards. The exchange is supported…

Bitwise Files for Spot Sui ETF as Altcoin Product Push Accelerates

Key Notes The ETF would hold SUI tokens directly, providing regulated exposure for institutional investors. Sui is a Move-based Layer-1 blockchain with over 1.2 billion transactions since May 2023. SEC review for altcoin ETFs is ongoing, with approval still pending under heightened scrutiny. Asset manager Bitwise filed an S-1 with the SEC on Dec. 18 to launch the first U.S. spot ETF tracking Sui’s SUI $1.44 24h volatility: 0.8% Market cap: $5.39 B Vol. 24h: $1.11 B native token. The move extends the firm’s aggressive altcoin ETF strategy beyond Bitcoin…

Poland’s Lower House of Parliament Overrides Presidential Veto on Crypto Bill

Key Notes Poland’s Sejm passed a crypto regulation bill and sent it to the Senate for further consideration. The legislation aims to harmonize Poland’s rules with the EU’s Markets in Crypto-Assets (MiCA) framework. If approved and any presidential objections are resolved, the Polish financial watchdog KNF will gain broad authority over domestic crypto operations. Poland’s Sejm (lower house of parliament) pushed through a contentious crypto-asset bill for the second time, overriding President Karol Nawrocki’s earlier veto in a move that has reignited debate over how the country will implement the…

Binance Delists 9 Altcoins in Year End Cleanup

Key Notes Binance announced that it has delisted 9 altcoins BUZZ, DARK, FROG, GORK, MIRAI, PERRY, RFC, SNAI, TERMINUS. Despite this removal, these tokens are still available for sale for a limited time. Binance recently released a framework to protect users from illegals listings and exploitation. Top cryptocurrency exchange Binance has announced that it has delisted 9 altcoins as the year rounds up. The affected cryptocurrencies are BUZZ, DARK, FROG, GORK, MIRAI, PERRY, RFC, SNAI, TERMINUS and their delisting is effective immediately. Binance encourages anyone who wishes to engage with…

Ark Invest Adds 17,386 More Coinbase Stock

Key Notes As of December 9, Ark Invest has added another 17,386 COIN across its three funds. 12,081 COIN shares went to ARKK, 3,495 shares to ARKW, and 1,810 shares to ARK. This is part of its routine diversification and portfolio rebalancing strategy. For the second time in less than one week, Cathie Wood’s Ark Invest has acquired more Coinbase (COIN) stock across its Exchange Traded Funds (ETFs). The asset management firm placed the bet on Coinbase, which recently unveiled a system upgrade earlier this week. Ark Invest Conducts Routine…

Senate Confirms Pro-Crypto Mike Selig to Lead CFTC

Key Notes The US Senate confirmed Mike Selig as CFTC Chair with a 53-43 vote. Selig previously served as chief counsel for the SEC’s Crypto Task Force. His confirmation comes as Congress considers a bill to give the CFTC primary authority over crypto spot markets. The U.S. Senate confirmed Mike Selig as the new chairman of the Commodity Futures Trading Commission (CFTC) in a 53-43 vote Dec. 18, installing a known crypto advocate to lead a key U.S. derivatives regulator. Selig, nominated by President Donald Trump, recently served as chief…