Market Signal Briefing

On Dec. 3, CryptoQuant CEO Ki Young Ju made the feared call that “most Bitcoin on-chain indicators are bearish.”

He added, “Without macro liquidity, we enter a bear cycle.”

The CEO was explicit. He tied his argument to his firm’s composite on-chain dashboards and a global-liquidity framework, framing the November drawdown not as a healthy correction but as the opening act of a new secular downtrend.

The question is whether on-chain data and the liquidity backdrop actually support a bear cycle thesis, or whether Ki is reading stress signals in a bull market as the start of crypto winter.

The case for a new bear cycleCryptoQuant’s metrics, such as Bull Score, MVRV, miner flows, and stablecoin liquidity, signal a new bear-market cycle. The numbers compare with the first quarter of 2022, which Glassnode also reported on Dec. 3.

Additionally, high realized losses, declining liquidity, and a break below short-term holder cost basis add to the stressful scenario.

Starting with MVRV (market value to realized value), which is a ratio that compares Bitcoin’s market cap to its realized cap and weights each coin by the price at which it last moved on-chain.

When MVRV pushes above 3.5, the market is historically in euphoria territory. When it falls below 1.0, the market is trading below its aggregate cost basis and is typically at a bear market bottom.

As of press time, MVRV sits around 1.8-2.0. That is well off euphoric highs but also well above the sub-1.0 levels that marked the bottoms in 2018, 2020, and 2022.

The bear cycle camp reads this as a market that has cooled but has not yet reached the deep value zone. If MVRV compresses toward 1.0, that would confirm a classic bear trajectory.

The SOPR (spent output profit ratio) tells a similar story. SOPR measures whether on-chain coins are being sold at a profit or a loss.

When SOPR is above 1.0, the average coin sold is profitable. When it drops below 1.0, the average coin is underwater.

November’s sell-off pushed SOPR below 1.0 for the first time since summer, signaling that short-term holders were realizing losses.

The depth and duration have some analysts comparing it to early 2022, when SOPR stayed suppressed for months.

The RHODL (realized cap HODL) waves break down Bitcoin’s realized cap by age cohorts. When long-term holders start spending at elevated rates, it typically signals a top.

Recent RHODL data show long-term holder supply has been declining since mid-year, a pattern consistent with distribution into strength.

The November correction accelerated that trend, with older cohorts moving coins on-chain at prices above $90,000.

Miner flows add another layer. Miners are structurally long Bitcoin and tend to hold during bull markets. When miner outflows spike, it signals stress.

CryptoQuant’s miner reserve data shows reserves have been declining since October, and miner wallet balances hit multi-year lows in late November.

Finally, stablecoin liquidity. The bear cycle camp points to declining stablecoin supply on exchanges as a sign that dry powder is leaving the system. The total stablecoin market cap has been flat to down since mid-November.

Without fresh fiat-backed liquidity ready to buy dips, Bitcoin lacks fuel for another leg up.

The middle ground: deep correction, not secular bearOthers see the same stress but stop short of calling a completed cycle top.

SOPR, realized-price bands, and MVRV are no longer in an euphoric zone. Yet, historically, classical bear market bottoms occur much closer to the aggregate realized price than today’s levels.

Additionally, ETF outflows and reduced stablecoin liquidity helped drive the worst two-month drawdown since mid-2022. Yet, Glassnode’s MVRV Z-Score is still not in oversold territory, and whale accumulation around $90,000 suggests the market is at an inflection point rather than clearly in a new secular downtrend.

This camp acknowledges the indicators have cooled but argues the market is still structurally different from prior bear cycles. Bitcoin has not broken its aggregate realized price, which sits around $50,000 to $55,000.

Derivatives open interest reset from $46 billion to $28 billion, flushing out overleveraged longs and setting the stage for a cleaner rally if liquidity improves.

The bull market reset thesisA Glassnode-based roundup framed the late-November drop into the low-$80,000s as “2025’s strongest BTC buy zone,” noting dense realized-price clusters where long-term holders re-added exposure after forced liquidations and derivatives open interest washed out.

Trakx’s Nov. 28 monthly review says November’s slide “looks like a normal bull cycle pullback, not a new bear market,” arguing that as long as global liquidity continues to rise, the broader digital-asset bull trend should remain intact.

Additionally, open interest has reset, and ETF inflows resumed with a modest $50 million aggregated net inflow for December as of Dec. 3.

In this backdrop, a growing stablecoin supply could support a push back through the $93,000 to $96,000 resistance zone if the Fed delivers.

Global net liquidity: the missing variableThis is where Ki’s call hinges. He argues that “without macro liquidity, we enter a bear cycle,” explicitly tying on-chain stress to a deteriorating liquidity backdrop.

A Sahm Capital piece on Nov. 25 stressed that, unlike prior cycles, global net liquidity has been falling for years under the weight of inflation, rate hikes, and quantitative tightening, which has “suppressed money flow and upside potential throughout this cycle.”

I/O Fund’s Beth Kindig wrote this week that their model shows global liquidity stalling and “setting up for a reversal,” a pattern they say historically aligns with major Bitcoin tops and suggests we are in the final leg of the multi-year bull rather than the early innings.

On the other side, Bitwise’s early-December outlook argues that global liquidity growth “remains robust” and that valuations show “no evidence of a blow-off phase,” explicitly using that to reject a full bear-market transition.

Glassnode’s new institutional note for the fourth quarter with Fasanara adds a more neutral take: Bitcoin has retraced as global liquidity tightens, but the report focuses on shifting market structure rather than declaring a definitive macro top.

The verdict: conditional bear, not confirmedThe on-chain data shows stress. MVRV has cooled, SOPR has dipped below 1.0, long-term holders have distributed, miners have sold reserves, and stablecoin liquidity has stalled.

Those are all consistent with the opening phase of a bear market.

But they are also consistent with a deep correction within a bull market, especially one in which leverage was high and ETF flows were volatile.

The key difference is what happens next with liquidity.

If global net liquidity continues to contract and the Fed holds rates higher for longer, Ki’s bear cycle thesis gains weight. If liquidity stabilizes or rebounds and ETF inflows resume, the bull reset camp wins.

Right now, the data suggests Bitcoin is at an inflection point, not a confirmed top. The on-chain indicators are flashing yellow, not red. And the liquidity backdrop is contested, with credible voices on both sides.

Mentioned in this article

Ripple has completed its $1 billion acquisition of GTreasury, expanding its reach into corporate finance and digital asset services. Meanwhile, XRP price has slipped to $2.2245, down from this week’s high and about 42% below its yearly peak of $3.6680.

Ripple Expands Into Global Liquidity ManagementWith GTreasury now fully integrated, Ripple is positioning itself as more than a blockchain company. GTreasury’s corporate clients will be able to use Ripple’s digital asset infrastructure directly through the systems they already rely on. This setup allows real-time settlements and on-demand liquidity without requiring companies to manage crypto wallets or understand complex blockchain processes.

GTreasury brings over 40 years of treasury-management experience, serving 800+ corporations across 160 countries and connecting with 13,000 banks. It processes $12.5 trillion in payments annually, accounting for roughly 10–15% of global cross-border payments. 

We're officially part of Ripple! 🎉

For over 40 years, we've helped treasury teams manage complexity and optimize liquidity. Now, we're bringing that same approach to the digital asset era by giving our customers the option to access real-time settlement and institutional-grade… https://t.co/dlTJ8HOBwV

— GTreasury (@GTreasury) December 4, 2025 By bringing GTreasury into its ecosystem, Ripple gains access to a massive traditional finance market that has historically moved slowly toward blockchain adoption.

Strengthening Ripple’s Institutional Finance StackThe GTreasury deal completes Ripple’s major 2025 expansion plan. Alongside Rail, Palisade, and Ripple Prime, this acquisition helps Ripple offer a full suite of tools for institutions looking to adopt digital assets. 

Senior Executive Officer Reece Merrick noted that these acquisitions are focused on solving real operational challenges for treasurers and CFOs, reducing friction, lowering risk, and providing secure, scalable infrastructure for global companies.

XRP Outlook Shifts as Ripple Moves Deeper Into Institutional FinanceThe crypto community has reacted with a mix of optimism and caution. Analyst Bill Morgan praised the positive implications for both RLUSD and XRP, hinting at potential growth. 

Meanwhile, market watcher EGRAG CRYPTO suggested that investors who do not fully understand the changes may want to reconsider their positions, reflecting the uncertainty that often accompanies major developments.

Ripple’s acquisition of GTreasury marks an important step in connecting traditional finance with digital assets. By simplifying access for large corporations and offering more efficient payment solutions, Ripple is reshaping how XRP fits into the broader institutional landscape.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhy did Ripple acquire GTreasury?

Ripple bought GTreasury to expand into corporate finance, offering real-time liquidity and modernizing how treasurers manage global payments.

How could the GTreasury deal impact XRP’s long-term outlook?

By adding major corporate payment flows, Ripple strengthens real utility for XRP, which may boost confidence in its long-term adoption.

Does this acquisition make blockchain easier for traditional businesses?

Yes. Companies can access digital asset benefits through systems they already use, removing the need for wallets or deep blockchain knowledge.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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Key NotesWoori Bank makes a crucial statement by demonstrating Bitcoin prices in its Seoul dealing room.This marks further integration of TradFi and crypto and a significant advancement in the firm's crypto push.Hana Financial Group and Dunamu signed an agreement to introduce blockchain technology to services such as overseas remittances.
On Dec. 5, South Korean multinational financial institution Woori Bank announced that it had begun to display the prices of Bitcoin

BTC
$91 264

24h volatility:
2.3%

Market cap:
$1.82 T

Vol. 24h:
$44.61 B

in its main trading room in Seoul. It included won-dollar exchange rates and stock market data alongside.

Woori Bank Demonstrates Crypto Interest
The trading room is a meeting place for market makers, where frontline trading of foreign exchange, bonds, and derivatives takes place. An official of the bank noted that the initiative is in response to the growing prominence of crypto.

“As digital assets continue to grow in prominence and influence in global financial markets, we determined that they should be monitored as a key indicator to better read overall market trends,” the Woori Bank official stated.

Interestingly, the financial ecosystem has been seeing a subtle push towards the integration of the Traditional Finance (TradFi) system and digital asset markets. There have been quite a number of alliances set to spark such integrations.

Recently, American crypto exchange Kraken signed a strategic partnership deal with Deutsche Börse to bridge TradFi and crypto. Together, they intend to engage in trading, custody, settlement, collateral management, and tokenized assets.

Similarly, Hana Financial Group and Dunamu signed an agreement recently to introduce blockchain technology to services such as overseas remittances. Woori Bank is yet to hint at an alliance with a crypto company, but its announcement signals deep interest in the digital asset world.

Spot Crypto ETFs Bridges TradFi and Crypto
One of the ways that the TradFi sector has been integrating with crypto is through Exchange Traded Funds (ETFs).

Top asset management firms with billions in Assets under management (AUM), like Grayscale, Franklin Templeton, BlackRock, and Fidelity, have issued one or more crypto ETFs and are still looking to list more.

A few days ago, Franklin Templeton’s Solana ETF officially began live trading on the New York Stock Exchange (NYSE) Arca platform. It was listed under the ticker “SOEZ,” while its XRP ETF, which went live earlier, was listed as EZRP.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Bitcoin News, Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

TLDR:

Coinbase powers over 80 percent of crypto ETF custody and trading in the current market
Private companies staying private longer creates demand for blockchain-based capital formation
Armstrong identifies Ethereum, Solana, and Base as networks positioned to host tokenized assets
Coinbase manages half a trillion in assets it plans to use for tokenized product distribution

Coinbase CEO Brian Armstrong delivered a bold forecast for the future of finance during a recent interview. He argued that the entire financial system will eventually operate on blockchain networks. 

Armstrong pointed to shifting market dynamics and regulatory burdens as catalysts for this transformation. His remarks come as Coinbase expands its tokenization infrastructure to capture the emerging on-chain capital markets.

Tokenization Emerges as Core Growth Strategy
Armstrong highlighted how private companies now stay private longer due to regulatory complexity. 

Sarbanes-Oxley compliance costs have made public listings less attractive for many firms. This trend creates growing demand for alternative capital formation methods. The Coinbase chief sees blockchain technology as the natural solution to modernize fundraising mechanisms.

The exchange already holds a dominant position in crypto infrastructure. 

Coinbase provides custody and trading services for over 80 percent of cryptocurrency ETFs. This existing footprint positions the company to lead as traditional assets migrate to blockchain rails. 

Armstrong emphasized that tokenization will extend beyond digital currencies to include stocks and private equity.

The CEO drew parallels between tokenization and blockchain’s impact on payments. Crypto networks already revolutionized how value transfers across borders. 

Armstrong believes the same technological shift will reshape capital markets. Companies will tokenize shares to raise funds more efficiently than through traditional channels.

Coinbase plans to market tokenized products directly to its customer base. The platform manages roughly half a trillion dollars in retail and institutional assets. 

Armstrong wants to distribute tokenized funds and securities through these existing channels. This strategy would create new revenue streams while deepening client relationships.

COINBASE CEO: THE ENTIRE FINANCIAL SYSTEM IS GOING ON-CHAIN

Brian Armstrong says private companies are staying private longer, demand for capital keeps rising, and crypto is the tech that will modernize how money is raised — just like it already reinvented payments.

He says… https://t.co/TdAhEQpulj pic.twitter.com/MeHDtIpoMv

— CryptosRus (@CryptosR_Us) December 5, 2025

Ethereum and Solana Stand to Gain Most
Armstrong identified specific blockchain networks as primary beneficiaries of financial tokenization. 

Ethereum and Solana emerged as his top picks alongside Coinbase’s proprietary Base network. These platforms offer the speed and liquidity needed to support large-scale asset tokenization. Developer activity on these chains provides the technical foundation for tokenized markets.

The CEO noted that successful tokenization requires permission from asset issuers. 

Coinbase will work directly with companies and fund managers to bring their products on-chain. This partnership approach contrasts with competing visions of fully decentralized finance. Armstrong sees collaboration with traditional finance as essential for mainstream adoption.

His comments suggest Coinbase views itself as a bridge rather than a competitor to established financial institutions. The company already partners with major asset managers on crypto ETF products. 

Armstrong expects similar relationships will emerge as stocks and funds move to blockchain networks. The exchange aims to provide infrastructure while traditional players maintain client relationships.

Market observers will watch whether Armstrong’s timeline proves accurate. Tokenization has gained traction in pilot programs and smaller markets. Scaling to encompass global capital markets remains an enormous technical challenge. 

Coinbase’s heavy investment signals confidence that blockchain infrastructure is ready for that transition.

SpaceX transferred out just over 1,083 Bitcoin (BTC) in a transaction worth approximately $99.8 million on the morning of December 5, according to on-chain data flagged by Finbold.

The transfer was recorded around 30 minutes earlier and appeared to move funds from a SpaceX-linked wallet to a new address.

Data from Arkham confirms the withdrawal originated from one of SpaceX’s wallets and involved exactly 1.083K BTC. Several of the company’s previous transfers have been linked to Coinbase Prime custody services, and the latest activity is consistent with those patterns, although the precise destination has not yet been verified on-chain.

SpaceX Bitcoin holdings. Source: Arkham
SpaceX and Coinbase Prime Custody Bitcoin flows
The move continues a recent streak of large Bitcoin transactions out of wallets tied to the aerospace company. Over the past month, Arkham labels have tracked multiple flows between SpaceX and Coinbase Prime Custody as the firm reorganizes its holdings and consolidates treasury storage.

Despite the outgoing transaction, SpaceX still holds approximately 5,012 BTC across its identified addresses, valued at around $457.8 million at the current price of $91,344. The holding amount is slightly lower than in November, reflecting recent movements but still placing SpaceX among the largest known corporate Bitcoin holders.

The timing of the latest transfer comes as Bitcoin continues to trade above $91,000 following a strong rebound into early December. Institutional demand remains in focus, with major corporate and treasury holders continuing to adjust positions amid shifting liquidity conditions.

As with previous transactions, SpaceX has not commented publicly on its Bitcoin strategy or the purpose of the latest on-chain movements.

Denali Therapeutics Inc. (DNLI) Analyst/Investor Day December 4, 2025 8:30 AM EST

Company Participants

Ryan Watts - Co-Founder, President, CEO & Director
Peter Chin - Acting Chief Medical Officer & Head of Development
Katie Peng - Chief Commercial Officer
Joe Lewcock - Chief Scientific Officer
Dana Andersen - Chief Technical and Manufacturing Officer
Alexander Schuth - Co-Founder, CFO, COO & Secretary
Carole Ho

Conference Call Participants

Joseph Muenzer
Kim Stephens
Jason Madison
Sean Laaman - Morgan Stanley, Research Division
Barbara Burton
Salveen Richter - Goldman Sachs Group, Inc., Research Division
Thomas Shrader - BTIG, LLC, Research Division
Ananda Ghosh - H.C. Wainwright & Co, LLC, Research Division
Madison Wynne El-Saadi - B. Riley Securities, Inc., Research Division
John Cox - Jefferies LLC, Research Division
Joseph Thome - TD Cowen, Research Division
Charles Moore - Robert W. Baird & Co. Incorporated, Research Division
Huidong Wang - Barclays Bank PLC, Research Division
Julian Pino - Stifel, Nicolaus & Company, Incorporated, Research Division
Cheng Li - Oppenheimer & Co. Inc., Research Division

Conversation

Ryan Watts
Co-Founder, President, CEO & Director

Our Investor Day. We've been excited to share an update. I think often, I'm sitting in a fireside chat with many of you. So it's great to see your faces here. We're going to go into some depth today about what we're doing at Denali. And I think it's a unique opportunity for us to really set the stage for what the future looks like for Denali, but then dive into some questions.

We also have some really important guests with us, which I'll introduce later from the lysosomal storage disease community. So these are our forward-looking statements, and let's dive in. Let's start with the key messages. So our purpose at Denali is to deliver the power of biotherapeutics to the whole body, including the brain.

This is a little different than what we've said maybe in the last 5 or

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December 05, 2025 3:01 AM EST | Source: Makenita Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2025) - Makenita Resources Inc. (CSE: KENY) (OTCID: KENYF) (WKN: A40X6P) wishes to announce that it has more than doubled its landholdings on the "Sisson West Tungsten Project" in New Brunswick, Canada. The "Sisson West Tungsten Project" now consists of approximately 9,400 contiguous acres prospective for Tungsten which directly borders the Sisson Tungsten Mine in New Brunswick. On November 13,th the Sisson Tungsten Mine was just chosen by the Prime Minister of Canada, Mark Carney, as one of the first "Nation-Building Projects.1" Management cautions that past results or discoveries on properties near Makenita's may not necessarily indicate mineralization on the company's property.

Jason Gigliotti, President of Makenita Resources Inc, stated, "We are very pleased to more than double our footprint on the "Sisson West Tungsten Project" at a time when the price of tungsten is near year highs, up more than 100 percent this year according to Fastmarkets2. When you couple this massive increase in the tungsten price, with the fact that Prime Minister Mark Carney has just chosen the Sisson Tungsten Mine directly bordering us as one the first 'Nation-Building Projects," as well as the small share count of just over 30 million, management feels that Makenita is shaping up to have a very active 2026. We expect to be active on our projects in the coming weeks and management has a very strong conviction for corporate growth in 2026."

Figure 1. Sisson West Tungsten Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11165/276998_6bcf34c9242209f3_002full.jpg

This new acreage was acquired via staking.

Qualified person for mining disclosure:

The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a qualified person as defined by National Instrument 43-101.

www.pm.gc.ca/en/news/news-releases/2025/11/13/prime-minister-carney-announces-second-tranche-nation-building-projectswww.fastmarkets.com/commodity-prices/tungsten-apt-88-5-wo3-min-fob-main-ports-china-dollar-mtu-wo3-mb-w-0003/The CSE has neither approved nor disapproved of the contents of this press release.

Forward-Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Makenita. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Makenita disclaims any intention or obligation to update or revise such information, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276998

Victoria’s Secret & Co. (NYSE:VSCO) will release earnings results for the third quarter before the opening bell on Friday, Dec. 5.

Analysts expect the Reynoldsburg, Ohio-based company to report a quarterly loss at 59 cents per share, versus a year-ago loss of 50 cents per share. The consensus estimate for Victoria’s Secret quarterly revenue is $1.41 billion, compared to $1.35 billion a year earlier, according to data from Benzinga Pro.

On Aug. 28, Victoria’s Secret reported better-than-expected second-quarter earnings and sales results.

Shares of Victoria’s Secret fell 2.2% to close at $41.57 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and increased the price target from $29 to $45 on Dec. 2, 2025. This analyst has an accuracy rate of 63%.
JP Morgan analyst Matthew Boss maintained a Neutral rating and boosted the price target from $27 to $28 on Sept. 15, 2025. This analyst has an accuracy rate of 67%.
Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and increased the price target from $20 to $27 on Sept. 12, 2025. This analyst has an accuracy rate of 64%.
UBS analyst Jay Sole maintained a Neutral rating and raised the price target from $21 to $25 on Aug. 29, 2025. This analyst has an accuracy rate of 68%.
Wells Fargo analyst Ike Boruchow maintained an Underweight rating and boosted the price target from $14 to $17 on Aug. 29, 2025. This analyst has an accuracy rate of 71%
Considering buying VSCO stock? Here’s what analysts think:

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About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more

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We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

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India's government is reviewing a telecom industry proposal to force smartphone firms to enable satellite location tracking that is always activated for better surveillance, a move opposed by Apple, Google and Samsung due to privacy concerns, according to documents, emails and five sources.

Mama’s Creations, Inc. (NASDAQ:MAMA) will release earnings results for the third quarter after the closing bell on Monday, Dec. 8.

Analysts expect the East Rutherford, New Jersey-based company to report a quarterly loss at 1 cent per share, versus a year-ago profit of 1 cent per share. The consensus estimate for Mama’s Creations quarterly revenue is $43.21 million, compared to $31.52 million a year earlier, according to data from Benzinga Pro.

On Sept. 8, Mama’s Creations posted in-line earnings for the second quarter.

Shares of Mama’s Creations rose 0.1% to close at $11.68 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

DA Davidson analyst Brian Holland maintained a Buy rating with a price target of $18 on Oct. 14, 2025. This analyst has an accuracy rate of 56%.
Roth Capital analyst George Kelly maintained a Buy rating and boosted the price target from $10 to $13 on Sept. 9, 2025. This analyst has an accuracy rate of 66%.
Considering buying MAMA stock? Here’s what analysts think:

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Top 2 Tech Stocks That May Keep You Up At Night This Month
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Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

HomeDividends AnalysisREITs AnalysisReal Estate Analysis

SummaryRioCan REIT remains a 'buy' at under 10x FFO, offering a compelling value proposition and a well-covered 6.3% yield.Recent results highlight resilient NOI and FFO growth, with strong leasing spreads and 97.8% occupancy, driven by essential retail anchors in major Canadian markets.Management is exiting residential rentals to focus on core retail, targeting 3.5–5% annual FFO per unit growth, supported by contractual rent steps and mark-to-market opportunities.Leverage is trending lower, and the $1.3–1.4B capital recycling will further strengthen the balance sheet and fund reinvestment into retail assets. JHVEPhoto/iStock Editorial via Getty Images

Please note all $ figures are in $CAD, not $USD, unless otherwise noted.

Introduction RioCan Real Estate Investment Trust (REI.UN:CA) (OTCPK:RIOCF) is one of the largest REITs in Canada and has

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Initial estimates indicate the reservoirs west of Norway could contain 30 million to 110 million barrels of recoverable oil equivalent.

Wall Street's high-water price targets call for triple-digit upside in quantum computing stocks in the new year -- but these pie-in-the-sky predictions are likely unrealistic.

Although artificial intelligence (AI) has been Wall Street's primary upside catalyst for the better part of the last three years, it was quantum computing pure-play stocks that took the lead in 2025.

Over the trailing year, as of the closing bell on Dec. 2, we've watched IonQ (IONQ +12.56%), Rigetti Computing (RGTI +15.44%), D-Wave Quantum (QBTS +14.55%), and Quantum Computing Inc. (QUBT +12.18%) advance by up to 684%, respectively. At one point in 2025, trailing-12-month gains for Rigetti neared 5,400%!

Investors are clearly excited about the real-world potential for quantum computing, which relies on specialized computers and the theories of quantum mechanics to solve complex problems that classical computers can't tackle. This high-ceiling addressable opportunity isn't lost on Wall Street, either.

Although price targets for quantum computing stocks vary, as is to be expected for a next-big-thing technology, select Wall Street analysts are projecting triple-digit gains in 2026 -- with the brightest outlook calling for upside of 264%!

Image source: Getty Images.

Select Wall Street analysts expect triple-digit upside for quantum computing stocks in 2026
Keeping in mind that Wall Street analyst price targets tend to be reactive rather than proactive, what follows are the high-water price targets for the four high-flying quantum computing stocks.

IonQ: Analyst Craig Ellis at B. Riley Securities believes shares of IonQ are headed to $100, which would represent upside of 113%, based on its closing price below $47 per share on Dec. 2. In his research note that justified raising his firm's price target to $100, Ellis pointed to an ongoing shift toward quantum computing research by the U.S. Department of Energy as evidence that broader adoption of this technology is coming.
Rigetti Computing: According to Quinn Bolton at Needham, shares of Rigetti can rally to $51, which would represent a 114% increase from where they closed on Dec. 2. Bolton has been impressed with the early stage commercialization of Rigetti's quantum technology, with the company and its partner QphoX securing a $5.8 million three-year contract with the Air Force Research Laboratory to advance superconducting quantum networking.
D-Wave Quantum: In addition to having the loftiest price target on Rigetti, Bolton is the biggest cheerleader on Wall Street for D-Wave Quantum. His price target of $48 implies upside of 113% in 2026. Similar to Rigetti, Bolton has been pleased with the early stage partnerships D-Wave has established, including its announced deal with Comcast to use D-Wave's quantum computers to improve network management and test predictive issue resolution.
Quantum Computing Inc.: But the crème-de-la-crème of upside for quantum computing pure-play stocks comes courtesy of a projection from Ascendiant analyst Edward Woo, who believes Quantum Computing Inc. stock will soar 264% to $40 per share. Woo expects the commercialization of Quantum Computing Inc.'s products to light a fire under its shares in 2026.

While the prospect of triple-digit returns might be tempting, there are several reasons to believe the quantum computing bubble is going to burst in 2026.

Image source: Getty Images.

Wall Street's loftiest quantum computing price targets are likely to miss the mark
Over the next 10 to 15 years, quantum computing has the potential to significantly alter the growth trajectory for corporate America. In fact, Boston Consulting Group estimates this technology will create up to $850 billion in global economic value by 2040. But this doesn't mean it will be an overnight game changer.

Although history can't conclusively guarantee what's to come for any particular stock, trend, or index, it does have a flawless track record of foreshadowing what's coming next for hyped innovations -- and it's not good news for investors.

Beginning with the internet 30 years ago, every game-changing technology and hyped trend has required ample time to mature and evolve. Though early stage spending on a hyped trend may be robust, it's taken time for game-changing innovations to be properly utilized and optimized. It took years for businesses to figure out how to optimize the internet to boost their sales and profits, and it's going to take many years before quantum computers are widely used for practical applications.

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IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. are also losing money and burning cash at a rapid pace. With these companies still very early in the commercialization of their products and services, they're likely to lean on dilutive share offerings and potentially unattractive debt solutions to finance their expansion.

Another serious concern for quantum computing pure-play stocks is their valuations.

Three decades of history have made clear that price-to-sales (P/S) ratios above 30 for businesses on the leading edge of a next-big-thing trend signal a bubble in the making. IonQ's trailing-12-month sales place its P/S ratio at 146 at the moment, while Quantum Computing Inc. has a P/S ratio of almost 2,900! Even using sales estimates from 2028 wouldn't bring any of these pure-play stocks below the arbitrary P/S ratio threshold that's previously signified the presence of a bubble.

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Last but not least, all four quantum computing pure-play stocks could see their market share gobbled up by members of the "Magnificent Seven." Wall Street's largest and most influential businesses are flush with cash and always eager to capitalize on the next hot trend. Some members of the Magnificent Seven have already developed quantum processing units.

With mounting losses, ongoing cash burn, and a seemingly low barrier to entry, IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. appear highly unlikely to get anywhere close to Wall Street's loftiest price targets in 2026.

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Strategy Inc. (formerly MicroStrategy) will not be forced into selling its vast Bitcoin holdings even if its share price drops below the firm’s net asset value, according to Bitwise chief investment officer Matt Hougan.

Addressing rising concerns surrounding the Bitcoin accumulator’s finances, Hougan argued that investors predicting imminent liquidation are “just flat wrong.”

In comments included in his expanded blog post, Hougan said fears about Strategy’s stability have been misinformed, despite heightened scrutiny following CEO Phong Le’s suggestion last week that a Bitcoin sale could occur as a “last resort” if the company’s market value fell below the value of its Bitcoin stash.

“This is akin to two years of Bitcoin ETF inflows,” Hougan said of concerns about a forced sale of Strategy’s approximately $60 billion Bitcoin pile.

“But with no debt due until 2027 and enough cash to cover interest payments for the foreseeable future, I just don’t see it happening.”

No near-term debt pressure, Hougan says
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Hougan underscored that Strategy’s balance sheet remains stable, noting that the company acquired its Bitcoin at an average price of $74,436 — leaving it roughly 24% in the green even with Bitcoin trading around $92,000.

This price cushion, combined with what he described as manageable financing obligations, means forced selling is not in play.

“MSTR has two relevant obligations on its debt,” Hougan wrote. “It needs to pay about $800 million a year in interest, and it needs to convert or roll over specific debt instruments as they come due.”

He added that Strategy holds $1.4 billion in cash, sufficient to cover interest payments “for a year and a half.”

The first major debt maturity — about $1 billion — does not arrive until February 2027. “Chump change,” Hougan said, given the scale of Strategy’s Bitcoin reserves.

He also dismissed the idea that internal pressure could compel Bitcoin liquidation, pointing to chairman Michael Saylor’s control of 42% of voting shares and “steadfast conviction” in Bitcoin’s long-term value.

MSCI Index risk considered manageable
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Part of the anxiety surrounding Strategy stems from a potential removal from MSCI’s investable indexes, which could trigger sales worth as much as $2.8 billion, according to JPMorgan.

Hougan acknowledged the risk but argued that index-related flows are typically less disruptive than feared.

“My experience from watching index additions and deletions over the years is that the effect is typically smaller than you think and priced in well ahead of time,” he said.

When Strategy was added to the Nasdaq-100 last December, funds tracking the index bought $2.1 billion worth of shares, and “its price barely moved.”

Hougan estimated at least a 75% chance that Strategy will be excluded, but said any impact is likely already reflected in the stock’s 24.69% decline over the past month.

No “doom loop” in sight
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Hougan rejected the narrative that Strategy is entering a self-reinforcing collapse driven by index deletion, stock-price weakness, and forced Bitcoin selling.

“There’s no plausible near-term mechanism that would force it to sell its Bitcoin. It’s not going to happen,” he wrote.

While acknowledging broader industry challenges, Hougan argued that Strategy’s value ultimately rests on its execution rather than index membership or temporary market sentiment.

“Conviction in bitcoin has a cost,” he said. “But over the long term, that patience can be rewarded.”

Spot bitcoin ETFs see $195 million exit, largest daily outflow in 2 weeksMarkets
• December 5, 2025, 1:42AM EST

UPDATED: December 5, 2025, 1:47AM EST

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Quick Take
Spot bitcoin ETFs in the U.S. reported $194.6 million in net outflows on Thursday, compared to outflows of $14.9 million the day before.
Thursday’s outflow marked their largest single-day outflow since Nov. 20.
U.S. spot bitcoin exchange-traded funds saw $194.6 million in net outflows on Thursday, marking the largest negative flow in two weeks.

BlackRock's IBIT led the outflows with $112.9 million, followed by Fidelity's FBTC with $54.2 million, according to SoSoValue data. VanEck's HODL, Grayscale's GBTC, Bitwise's BITB also logged outflows.

Thursday's move followed Wednesday's $14.9 million net outflow, and marked the largest single-day outflow since Nov. 20.

The ETFs' trading volume fell to $3.1 billion on Thursday, compared to $4.2 billion on Wednesday and $5.3 billion on Tuesday.

Bitcoin edged down 1.4% over the past 24 hours at $91,989 as of 1:30 a.m. ET Friday, according to The Block's price page. The world’s largest cryptocurrency briefly fell to around $84,000 earlier this week but has since recovered.

Nick Ruck, director of LVRG Research, told The Block that the outflows appear to be driven primarily by ongoing unwinds of basis trades as the futures-spot spread compressed below breakeven levels, "forcing arbitrageurs to sell holdings amid heightened market volatility." 

"Traders are closely monitoring upcoming U.S. inflation data reports and the Federal Reserve's December 10 rate decision, with expectations of a 25-basis-point cut potentially stabilizing sentiment if it signals further easing," Ruck said.

Timothy Misir, BRN's head of research, said yesterday that exchange balances have fallen to roughly 1.8 million BTC, the lowest level since 2017, based on aggregated CryptoQuant and Glassnode data. 

"The market opened with quiet strength," Misir said. "Accumulation is persistent, supply is thinning on exchanges, and price is stabilizing above the True Market Mean. What’s missing is a clean break into the $96K–$106K band."

Meanwhile, spot Ethereum ETFs posted $41.6 million in net outflows on Thursday, compared to inflows of $140.2 million the day before. Among the ETFs, Grayscale's ETHE saw the largest net outflows with $30.9 million.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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AUTHOR Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment business and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he's not chasing headlines, you'll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to [email protected] or get in touch on X/Telegram @timmyhmshen. See More

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Reports have disclosed a sharp rebound in crypto markets this week, with Bitcoin jumping 8% to trade above $93,000 after sliding from lows under $85,000 earlier in the week.

Traders are watching the Federal Reserve’s December actions closely as they try to gauge how much liquidity will return to markets. The move pushed bitcoin back within reach of a roughly $2 trillion market cap.

Sovereign Funds Building Longer Positions
According to BlackRock chief executive Larry Fink, several sovereign wealth funds have been quietly adding to positions as prices fell from a peak near $126,000.

“There are a number of sovereign funds that are standing by…. and they’re buying ‘incrementally’ as the Bitcoin price has retreated from its $126,000 peak,” Fink said.

He said these buyers are taking a gradual approach — adding over time rather than making quick bets — and treating holdings as multi-year positions.

Reports have disclosed that public funds in Abu Dhabi and Luxembourg have bought into BlackRock’s IBIT bitcoin fund in recent months.

Fink warned that markets remain skewed and that volatility will persist while many players remain highly leveraged.

BlackRock CEO Larry Fink. Image: Quartz
Tokenization Seen As A Long-Term Story
Fink has been vocal about tokenization as a major theme for the coming years. Based on reports, he wrote in The Economist that tokenization could grow as quickly as the internet did in its early days, noting that Amazon had only $16 million in sales in 1996.

BlackRock, the $10 trillion asset manager he runs, has pushed the idea that a digital wallet could one day hold stocks, bonds and tokenized assets together.

Coinbase chief executive Brian Armstrong said some of the largest banks are already working with Coinbase on stablecoins, custody and trading services, though he did not name the banks.

BTCUSD now trading at $92,495. Chart: TradingView
On Ownership & Worry
According to remarks made at a DealBook event alongside Andrew Ross Sorkin and Brian Armstrong, Fink described bitcoin in emotional terms: ownership often reflects worries about physical safety or financial security.

He tied demand to concerns over the debasement of financial assets and rising deficits. Reports have also quoted him warning that the US risks falling behind other governments if it does not speed up adoption of tokenization and other digital tools.

US President Donald Trump has similarly warned about competition from China in crypto innovation.

Market Reaction And Risks Ahead
Traders are already pricing in a variety of scenarios. Some are betting on a major development in 2026 that could reshape demand; others remain focused on short-term policy moves from the Fed.

Bitcoin’s recent 8% gain was the largest daily jump since May, but it came after sharp swings that highlighted how quickly positions can reverse.

With significant capital now involved — and big names publicly backing tokenization — the market is likely to see more headline-driven moves.

Featured image from Pexels, chart from TradingView

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Fundstrat’s Tom Lee remains bullish on Bitcoin and Ethereum with some big price predictions at the Binance Blockchain Week.

Lee echoed his comments from an earlier interview, opining that there is no longer a four-year cycle and Bitcoin will make new highs in early 2026, speaking at this week’s Binance blockchain conference in Dubai on Thursday.

He added that BTC will mirror the performance of the S&P 500 US stock index next year and predicted a price high of $300,000. If that’s the case, “I think Ethereum is lights out,” he said before adding a more outlandish price prediction.

“In the next year it [ETH] could be over $20,000.”

🚨 Tom Lee at Binance Blockchain Week: 2026 Outlook

– S&P breakout

– Bitcoin $300k

– Ethereum $20k

Supercycle is loading.. 📈$BTC $ETH $BMNR pic.twitter.com/KGVvDZrnve

— SamAlτcoin.eth 🌎 (@SAMALTCOIN_ETH) December 4, 2025

The Bigger The Base, The Bigger The Breakout
Lee also reiterated the notion that Wall Street is starting to tokenize securities, and most of this is being done on Ethereum. The network currently has more than 70% market share of real-world asset tokenization value when layer-2s and EVM platforms are included, according to RWA.xyz.

He also pointed out that Ether has been rangebound for five years, but it has begun to break out. The bigger the base, the bigger the breakout, he said, explaining why he turned BitMine into an ETH treasury company.

“I think Ethereum is going to become the future of finance, the payment rails of the future, and if it gets to 0.25 relative to Bitcoin, that’s $62,000. Ethereum at $3,000 is grossly undervalued.”

Tom Lee says the setup for Ethereum is simple:

“The bigger the base, the bigger the breakout”

ETH spent years building the same kind of base it had before the move from $90 → $4,866

If the pattern repeats, the next leg could be far larger than people expect

(Shared at… pic.twitter.com/aMBWwLyZ0J

— Tom Lee Tracker (Not actually Tom) (@TomLeeTracker) December 4, 2025

BitMine is putting its money where its mouth is with another Ether purchase, bringing the number of buys to four this week alone, according to Lookonchain on Friday.

You may also like:

Neither Panic Nor Greed: Ethereum (ETH) Enters the ‘Healthy Zone’

‘Shark’ Wallets Drive Ethereum to 3-Week High After Fusaka Deployment

Ethereum Institutional Buying Collapses 81% as DAT Inflows Hit 2025 Low

The firm scooped another 41,946 ETH worth $131 million on Thursday, it reported. Although the buys have not been officially confirmed, BitMine appears to have purchased more than $350 million worth of the asset this week.

Is ETH Ready For a Pump?
Analyst ‘Sykodelic’ echoed the bullish sentiment, stating on Thursday that “ETH looks ready to push much higher.”

“In the last five years, every single time the 1-day RSI has gone from overbought down to oversold, and then broken the trend, it has pumped a minimum of 45%. That takes us to $4,300.”

Ether was trading at $3,170 during the Friday morning Asian session after failing to break resistance at $3,200 yesterday.

The asset has gained 13% over the past fortnight, recovering from its double dip below $3,000, and appears to be forming a W-shaped bottom.

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Bitcoin continues to struggle beneath a month-long downtrend after failing once again to break above it. The crypto king is trading without clear support from macro financial markets, leaving its trajectory uncertain. 

However, investors appear increasingly active, and their accumulation could help stabilize price action if institutional capital joins in.

Bitcoin Holders Are Stepping UpExchange balances have seen a sharp decline over the past week, signaling renewed confidence among holders. More than 23,385 BTC have been withdrawn from trading platforms in seven days, representing over $2.15 billion in accumulated supply. This shift has pushed exchange reserves to their lowest level since January 2021, a period associated with strong bullish conviction.

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Such pronounced outflows often reflect longer-term holding behavior, reinforcing optimism even during bearish conditions. With less available supply on exchanges, selling pressure eases, improving the likelihood of a potential recovery. This investor-driven accumulation could provide meaningful support for Bitcoin if broader market forces stabilize.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here

Bitcoin Balance On Exchanges. Source: GlassnodeThe Bitcoin Trend Accumulation Score is also signaling noteworthy activity. Distribution has eased considerably at current price levels, with smaller holders accumulating aggressively and larger cohorts accumulating at a moderate pace. This dynamic reflects growing retail confidence and reduced sell-side pressure across several wallet groups.

However, the absence of strong “smart money” participation remains a concern. Large institutional holders tend to influence price direction more significantly, and their hesitation could hinder Bitcoin’s ability to convert retail-driven accumulation into a sustained rally. 

Bitcoin Trend Accumulation Score. Source: GlassnodeBTC Price Remains StuckBitcoin is trading at $92,047, holding above the critical $91,521 support level while remaining trapped under the month-long downtrend. Recovering from this position requires a decisive breakout, which has yet to materialize despite recent attempts.

Invalidating the downtrend demands a flip of $95,000 into support. Given the ongoing accumulation and tightening of exchange supply, such a move remains possible. Additional support from institutional buyers would further strengthen Bitcoin’s path toward $100,000, restoring bullish momentum.

Bitcoin Price Analysis. Source: TradingViewIf large holders remain sidelined, Bitcoin may continue to struggle. A failure to sustain support could send BTC back below $89,800 and toward $86,822. This would reinforce bearish sentiment and delay recovery attempts.

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Amin Ayan

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Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...

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December 5, 2025

Woori Bank has begun displaying Bitcoin prices inside its main trading room in Seoul, placing the cryptocurrency alongside core financial indicators such as the won–dollar exchange rate and stock market data.

Key Takeaways:

Woori Bank is the first Korean commercial bank to display Bitcoin prices in its main trading room.
The move reflects Bitcoin’s rising role in global market sentiment as Korean banks expand deeper into digital asset infrastructure.
Upcoming regulations could position major banks like Woori as central players in South Korea’s future digital finance landscape.

The move marks the first time a commercial bank in South Korea has integrated a crypto price feed directly into its frontline dealing environment, the space where traders handle foreign exchange, bonds and derivatives.

Bitcoin Now Seen as Market Signal, Says Woori Bank OfficialA Woori Bank official said the decision reflects the growing weight of digital assets in global finance, noting that Bitcoin has increasingly become a signal for broader market sentiment.

“As digital assets continue to grow in prominence and influence in global financial markets, we determined that they should be monitored as a key indicator to better read overall market trends,” the official said.

The update comes as Korean banks step deeper into digital asset infrastructure.

Hana Financial Group this week signed a partnership with Dunamu, operator of the Upbit exchange, to incorporate blockchain tools into services ranging from overseas remittances to financial data systems.

While Woori has yet to announce a formal partnership with a crypto exchange, senior executives have repeatedly indicated that the bank intends to expand into digital asset services.

CEO Jung Jin-wan said in October that payments and digital asset ecosystems are “increasingly interconnected,” suggesting the sector could open new revenue avenues for banks.

Regulators are also shaping a clearer path. The government and ruling Democratic Party are examining a proposal that would restrict issuance of won-based stablecoins to bank-led consortia with majority bank ownership.

If enacted, the framework could position major lenders like Woori as central players in future stablecoin markets.

As reported, South Korean investors turned the Chuseok holiday into a high-risk trading week, pouring $1.24 billion into US tech and crypto-linked assets while local markets were closed between October 3 and 9.

The frenzy was led by leveraged ETFs and high-growth stocks, as traders sought to ride Wall Street’s momentum amid optimism surrounding US tech resilience and domestic stimulus hopes.

South Korea to Extend Crypto Travel Rule to Sub-$700 TransactionsLast week, South Korea revealed that it is preparing one of its most aggressive crackdowns on cryptocurrency-related financial crime by expanding its travel rule requirements.

The new threshold covers transactions under 1 million won ($680), which until now allowed users to bypass identity checks by breaking transfers into smaller amounts

The Financial Intelligence Unit (FIU) will also introduce pre-emptive account-freezing powers in serious cases, allowing investigators to lock suspicious accounts before funds can be moved beyond recovery.

Officials said legislative amendments are expected to be submitted to the National Assembly in the first half of 2026, with South Korea also expanding coordination with global regulators such as the Financial Action Task Force to align with international standards.

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Hedera’s HBAR is moving sideways after several days of muted trading, reflecting the broader market’s lack of clear direction. 

Despite this stagnation, HBAR holders appear increasingly active in shaping momentum, with early signs showing a potential shift away from bearish pressure. 

Hedera Is Not Willing To Follow The KingThe Chaikin Money Flow (CMF) indicator is showing a sharp uptick, signaling a rapid slowdown in outflows. This trend is notable because it suggests that selling pressure is easing meaningfully. As investors pull back from offloading tokens, sentiment gradually shifts toward a more constructive outlook.

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If the CMF continues improving and crosses above the zero line, HBAR will officially register net inflows. Such a shift would highlight renewed confidence among traders and provide fuel for upward price movement. Sustained inflows often coincide with strengthened momentum, which could help HBAR break out of its current range.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

HBAR CMF. Source: TradingViewHBAR’s declining correlation with Bitcoin offers another important signal. After remaining tightly correlated with BTC for more than three weeks, the metric has now slipped to 0.62. This decoupling means HBAR is becoming less dependent on Bitcoin’s trend and may be preparing to chart its own direction.

This divergence could prove beneficial because Bitcoin remains directionless and has yet to establish a clear recovery path. If HBAR continues detaching from BTC while investor sentiment improves, the altcoin may outperform the broader market and capture independent upside momentum.

HBAR Correlation To Bitcoin. Source: TradingViewHBAR Price Can Continue Moving SidewaysHBAR’s price is down 5% in the last 24 hours, continuing its rangebound movement between $0.150 and $0.130 for nearly three weeks. This sideways action is likely to persist unless a strong catalyst emerges. Still, the improving CMF signals a potential shift building beneath the surface.

If HBAR capitalizes on strengthening investor support, it could bounce from the $0.141 local support level and retest $0.150. A successful breakout above this barrier would open the path toward $0.162, supported by rising inflows and reduced selling pressure.

HBAR Price Analysis. Source: TradingViewHowever, if investor confidence weakens again, HBAR may slip toward the key $0.130 support. Losing this level would invalidate the bullish-neutral outlook and expose the price to a decline toward $0.125.