Key Notes The Upbit team has been monitoring any suspicious wallet activity across all wallets by using its own Automatic Tracking Service (OTS). The exchange is collaborating with global platforms, blacklisting addresses, and strengthening security at the platform. Upbit has also launched a global recovery program offering 10% of the funds recovered to all contributors. Crypto exchange Upbit has shared the team’s latest efforts in freezing $1.77 million of victims’ funds, as part of the recovery, following a major hack at the end of November. The team froze these funds…
Category: Reviews
Ethereum Price Targets Upside Break as Buyers Tighten Grip on Trend
Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150. Ethereum started a fresh increase above the $3,000 and $3,020 levels. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,150 zone. Ethereum Price Eyes Additional Gains Ethereum price managed to stay…
Bitcoin Cool Off is Normal, Claims Analyst: US to Push BTC Higher?
Key Notes Analysts say Bitcoin’s pullback is a normal cool-off after its +122% surge last year. US-driven selling pushed the Coinbase Premium negative before it quickly flipped back to positive. Falling prices paired with declining Open Interest show futures unwinding rather than real spot selling. Bitcoin (BTC) holds prices near $89,000 as analysts argue the current pullback remains within the boundaries of a healthy cycle correction rather than a full-blown crypto winter. Bloomberg ETF analyst Eric Balchunas said in a post on X that Bitcoin only gave up the excess…
Crypto Treasury Underwriter Clear Street Eyes $12B IPO Led By Goldman Sachs
Key Notes Clear Street prepares for an IPO that could value the firm between $10 billion and $12 billion. Goldman Sachs is expected to lead the offering, with a listing possible as early as January. The broker has become a major underwriter of crypto-treasury-driven stock deals, including Strategy and Trump Media. Clear Street, the New York financial services firm underwriting crypto-treasury services, is preparing for a public listing that could land as early as next month. The IPO could value the rapidly expanding broker between $10 billion and $12 billion,…
French Bank BPCE Offers Direct Crypto Access for Millions of Clients
Key Notes BPCE will let 2 million clients buy BTC, ETH, SOL, and USDC directly through its apps starting December 8. Four regional banks begin the rollout, with full expansion across 29 banks planned for 2026. Launch aligns with France’s MiCA momentum as the country weighs a new “unproductive wealth” tax on crypto assets. BPCE, France’s €1 trillion banking giant and the country’s second-largest financial group, will allow customers to buy Bitcoin, Ethereum, Solana, and USDC directly inside its mobile banking apps beginning Monday, Dec. 8. The move, first reported…
Strategy CEO Says No Bitcoin Sale till 2065 Despite BTC Losing $90K Support
Key Notes Bitcoin slid under $90,000 after $500M+ of market liquidations, but buyers defended the $89k–$90k area. Strategy CEO said the firm will not sell Bitcoin for “until 2065,” easing short-term narrative risk. Technicals show a cup-and-handle continuation pattern still intact; Bollinger and RSI point to a possible mean-reversion back to $100k. Bitcoin declined below $90,000 on Saturday after more than $500 million of liquidations swept the market on Friday. The forced unwinds amplified weekend volatility, exposing the correlation between thinning liquidity and larger directional moves when U.S. markets close.…
Solana Liquidity Reset: Treasury Firm Reveals No New SOL Purchases, Will Prices Recover?
Key Notes DFDV made no new SOL purchases in November. The firm kept its 2.19 million SOL reserve unchanged. Altcoin Vector reports a full liquidity reset in Solana. DeFi Development Corp (DFDV), the Nasdaq firm built to accumulate Solana (SOL), said in its November update that it made no new SOL purchases through the month. Its total SOL reserve held steady at 2,195,926, valued at about $293.2 million. As per the announcement, the supply locked in its dfdvSOL product stood at 530,286.72. DFDV also said that Q3 unrealized gains surpassed…
Crypto Recovery in December: Coinbase
Key Notes Coinbase sees December as the start of a crypto recovery. The exchange highlighted that liquidity is improving as Fed cut odds reach 92%. Bitcoin may be undervalued, according to analysts, following the November crash. Leading crypto exchange Coinbase released a research report earlier today, noting that December opened with a major lift in global liquidity. The firm said that odds for a Federal Reserve rate cut rose to 92% by December 4, a development that could provide backing to a bounce in risk assets. Its custom global M2…
Memecoins Under Pressure as Liquidations Cross $500M: PEPE, PENGU, SHIB Traders at Risk?
Key Notes Mass liquidations totaling $499.27 million erased leveraged positions across 142,000 traders in a single day. Memecoin sector dropped 5.6% to $46.18 billion as traders rushed to exit high-risk positions before the weekend. The largest single liquidation occurred on Hyperliquid’s BTC-USD market at $8.5 million amid fragile liquidity. Crypto markets faced intense turbulence on Dec. 5 as liquidations surged above $500 million, reigniting concerns about recurring weekend volatility and increasingly fragile market depth. According to Coinglass’ real-time data, a total of $499.27 million in positions was wiped out over…
Poland Stalls on MiCA as Lawmakers Back President’s Crypto Veto
Key Notes President Nawrocki blocked the bill citing threats to civil liberties and burdensome fees for small businesses. Poland’s 7.9 million crypto users remain without regulatory protection as neighboring EU states implement MiCA compliance. The legislative deadlock risks driving Polish crypto firms to Lithuania and Malta while sacrificing tax revenue. Polish lawmakers failed to override President Karol Nawrocki’s veto on a bill to regulate crypto assets. The lower house needed a three-fifths majority but fell short at 18 votes. Prime Minister Donald Tusk called the measure a national security priority…