Ethereum Rockets Higher, Narrowing Distance to a Make-or-Break Resistance Line

Ethereum price started a fresh increase above $2,920. ETH is now attempting to clear the $3,050 resistance and might accelerate higher. Ethereum started a fresh increase above the $2,920 and $2,950 levels. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There was a break above a short-term bearish trend line with resistance at $2,825 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,050 zone. Ethereum Price Eyes Upside Break Ethereum price managed…

SUI Token Surges 21% Following Coinbase New York Listing Approval

Key Notes Coinbase’s New York listing triggered substantial buying momentum despite December’s largest token unlock event. The rally pushed SUI above the Keltner mid-band with strong volume support indicating genuine accumulation phase. Breaking $1.92 resistance would invalidate the November downtrend and target the $2.72 pivot point from October. SUI SUI $1.60 24h volatility: 20.6% Market cap: $5.99 B Vol. 24h: $1.09 B rallied 21% on Tuesday after Coinbase exchange confirmed that New York residents can now trade the asset across its web and mobile applications. The listing announcement triggered significant…

Trust Wallet Becomes First Major Web3 Wallet With Native Predictions Markets

Key Notes The feature enables users to trade event outcomes directly within their self-custodial wallet without switching platforms. Myriad powers the initial launch, with multi-chain integrations for Polymarket and Kalshi scheduled for future rollout. Access varies by jurisdiction as each prediction market enforces its own regulatory and geographic restrictions. Trust Wallet has launched a new in-app “Predictions” tab that lets users trade tokenized outcomes on real-world events directly from their self-custodial wallets, positioning the product as the first mainstream wallet-native prediction market integration. The company launched this feature with Myriad,…

Bank of America Recommends 1-4% Crypto Portfolio Allocation

Key Notes Bank of America will begin coverage of four Bitcoin ETFs in 2026 as institutional interest grows. Crypto ETPs attracted $1.07 billion in final November week driven by US rate cut expectations. JPMorgan warns Bitcoin-Gold divergence signals increased market risk ahead of year-end volatility. Bank of America has advised its clients to allocate up to 4% of their portfolios in cryptocurrency, according to a Yahoo Finance report on Dec. 2. The guidance follows a turbulent November in which Bitcoin BTC $91 330 24h volatility: 6.8% Market cap: $1.82 T…

Shiba Inu Price Prediction: Chart Just Flashed a Death Cross – Will SHIB Drop 90%?

SHIB Price Analysis: A Death Cross Formation As per CoinMarketCap, SHIB now trades below $0.000008, near the lower boundary of its November range. The hourly chart shows a clear breakdown beneath key moving averages, with a death cross emerging on December’s first trading sessions. The death cross is formed when the 50‑hour MA drops below the 200‑hour moving average and usually indicates a bearish pullback. However, in oversold conditions, such a signal can sometimes coincide with a local bottom as well. The chart below shows that SHIB has repeatedly tested…

Tether, Circle Minted $20B Stablecoins Since October 10th Crash; What’s Next?

Key Notes Stablecoin minting patterns historically precede major Bitcoin price rallies within 10-30 days of issuance. Combined Tether and Circle activity indicates liquidity retention and new capital entering crypto despite recent volatility. Market indicators suggest whales are positioning for upward movement with Bitcoin potentially bottoming around current levels. Tether just minted $1 billion more of the leading stablecoin, USDT, totaling—together with Circle, the USDC issuer—over $20 billion in stablecoins minted since the October 10-11 crash. This movement provides valuable insights into what is next for the crypto market, liquidity-wise. On…

Kraken Acquires RWA Tokenization Platform Backed Finance

Key Notes Backed Finance’s xStocks product gained over 84,000 holders with $12 billion in total volume since June launch. Daily transactions surpassed $30 million while assets under management reached $175 million for the tokenized equities platform. Kraken reported $648 million Q3 revenue and raised $800 million ahead of planned IPO filing with the SEC. US-based digital assets exchange Kraken has announced its acquisition of real-world asset (RWA) tokenization firm Backed Finance. The two firms had previously entered a strategic partnership to expand Backed Finance’s xStocks product onto Kraken’s exchange ecosystem.…

Hedera Price Surge 7% as $11 Trillion AUM Vanguard Group Launches HBAR ETF

Key Notes Vanguard’s $11 trillion asset management arm launched its inaugural HBAR ETF following Canary Capital’s successful approval last month. The Canary HBAR ETF accumulated $80.26 million in net inflows with spot buying dominating as open interest rose just 3.5 percent. Technical analysis shows HBAR consolidating in a falling wedge with breakout probability at 20.95 percent versus 67.06 percent downside risk. Hedera HBAR $0.14 24h volatility: 9.4% Market cap: $6.10 B Vol. 24h: $190.33 M advanced 6.5% on Tuesday, recovering from recent selling pressure as the broader market reacted to…

Innovation Exemption for Crypto Firms Set for January

Key Notes The President Trump administration is fulfilling its crypto mandate with the new SEC proposed ‘Innovation Exemption’ rollout. The launch of this crypto regulatory initiative is expected by January 2026. Paul Atkins blamed the US government shutdown for the delay so far. The US Securities and Exchange Commission (SEC) Chair, Paul Atkins, has revealed that the innovation exemption rule is on the roadmap for crypto firms in 2026. He specifically mentioned that this exemption would come into effect by January, reflecting the agency’s effort towards strengthening the crypto ecosystem…

XRP ETFs Overtake Bitcoin and Ethereum — Can XRP Rebound?

Key Notes XRP ETFs outperformed BTC, ETH, SOL, and DOGE ETFs, which saw minor inflows or net outflows on December 1. Asset manager Vanguard has opened the gates to allow trading for XRP ETFs on its platform. XRP price remains under pressure near the $2.00 support, as analysts remain divided over the next move. Although XRP XRP $2.14 24h volatility: 7.4% Market cap: $129.27 B Vol. 24h: $4.36 B price continues to flirt with the support zone around $2.0 levels, demand for spot XRP ETFs remains robust. On Dec. 1,…