Market Signal Briefing

Ethereum’s largest new treasury buyer keeps adding coins while a closely watched chart pattern defends a major retracement level. On-chain data from Arkham and wave analysis from Man of Bitcoin now point to a market where deep-pocket accumulation meets a potential inflection zone on the ETH chart.

Bitmine Adds 96,800 ETH as Tom Lee Keeps Buying the DipBlockchain analytics platform Arkham reported that ETH treasury company Bitmine bought 96,800 Ether in the past week, spending about $273.2 million at recent prices. The purchases came as ETH traded near $2,800, extending a steady accumulation pattern during recent market pullbacks.

Bitmine Ethereum Treasury Dashboard. Source: Arkham/X

The Arkham dashboard shows Bitmine now holding roughly 3.44 million ETH in its main wallets, with the position valued at around $10 billion. The portfolio screenshot lists ETH as the dominant asset, far ahead of smaller allocations to tokens such as IMAGE, IMPT, ELMO and MKR.

Arkham linked the activity to strategist Tom Lee, noting that Bitmine still has about $880 million in dry powder earmarked for additional ETH purchases. Consequently, the on-chain data indicates that the firm has been buying into each downward move, with capacity to continue adding if the price weakens again.

Analyst Says Ethereum Holds 78.6% Fib as Chart Signals Possible Wave-C StartMeanwhile, Ethereum reacted to the 78.6% Fibonacci retracement level, according to trader Man of Bitcoin, who highlighted the move inside a corrective Elliott Wave structure. His chart shows ETH pulling back sharply from the November recovery, then finding support near $2,716 before recovering toward the $2,800 area. The rebound formed at the exact 78.6% zone marked for wave B, which he treats as the key point that must hold for the structure to stay intact.

Ethereum Elliott Wave Analysis Chart. Source: Man of Bitcoin

The image displays a descending trendline capping price since November, with ETH now attempting to stabilize directly beneath it. At the same time, the chart outlines the three main Fib retracement levels of 0.5 ($2,849), 0.618 ($2,794) and 0.786 ($2,716). ETH briefly dipped through the first two levels before responding at the lowest one, suggesting the broader market still respects the deeper retracement band during this correction.

His wave count labels the recent upward move as wave A and the current pullback as wave B within a larger wave iv. Because of that, he noted that ETH “should ideally remain above the last swing low” for the start of wave C to unfold. The chart also sketches a higher target zone near $3,167 to $3,356 for the next move, indicating where wave C could complete if the pattern holds and price breaks the descending trendline.

What to Know:

Over 1M XRP payments in a single day show how strong on-chain activity can grow even when the token price moves sideways. 
Markets are shifting toward crypto assets that support clear, repeatable real-world actions – payments, gaming, and creator monetization – instead of pure hype.
AI creator platforms keep running into the same problems: huge fees, random bans, clunky tools, and payments that change depending on your passport.
SUBBD Token ($SUBBD) mixes Web3 payouts, token-gated content, and AI tools to cut fees for creators and give fans programmable ways to access and support content. 

More than 1M XRP payments between unique wallets in a single day is the kind of number that slices through all the market noise.

Prices can wander. Sentiment can swing like a kid on too much sugar. But real on-chain usage shows where actual product-market fit is forming under the surface.

This jump in activity shows something very simple: when a network handles payments at scale without breaking a sweat, people use it.

Source: XRPSCAN
XRP has spent years proving it can move money fast and cheap for cross-border payments, even while its price deals with macro pressure and regulatory drama.

And now, the same filter is starting to shape the rest of the crypto market. Capital is moving away from ‘vibes first, utility later’ tokens toward projects with obvious, repeatable on-chain actions.

Payments, gaming, real-world assets, and especially creator monetization are where users are actually clicking buttons instead of just tweeting memes.

That’s the setup for SUBBD Token ($SUBBD), an AI-powered, Ethereum-based content platform token.

As networks like XRP show how to move value at scale, projects like $SUBBD are trying to give that value a destination: tokenized content, AI creators, and programmable fan worlds.

Why Payments-Scale Activity Is Repricing Utility Narratives
1M daily XRP payments between unique wallets highlight how fast real demand can settle on a chain once latency, fees, and reliability are solved.

For builders, the lesson is almost boring in its simplicity: keep finality close to real-time and fees next to zero, and users will show up, even when the macro backdrop looks gloomy.

The same pattern is showing up in the creator economy. Web2 platforms often take 30%-50% of earnings once you add up fees, revenue splits, and the joy of unpredictable algorithms.

Creators get reach, but they lose control of their money and sometimes even their accounts. A random ban can shut down income overnight. It’s like building a business on quicksand.

AI creator platforms are rising to fight this. Some Web3 projects offer token-gated content and NFT drops. Pure AI startups deliver fancy creation tools but keep payments centralized.

The SUBBD platform aims to be the middle option: a hybrid that believes creator earnings, AI productivity, and on-chain payments belong together, not scattered across five apps and two spreadsheets.

How SUBBD Token ($SUBBD) Turns AI, Web3 and Fans Into One Revenue Engine
Most platforms tape crypto or AI on top like an afterthought, but the SUBBD Token ($SUBBD) sits at the center of everything this platform does.

SUBBD is a new crypto project designed in a way that AI tools, creator features, and on-chain payouts all flow through the token instead of being bolted on later.

On the infrastructure side, the SUBBD platform uses Ethereum-compatible smart contracts that power tokenized access, staking, and governance.

On the AI side, creators get tools for content generation, chatbots, voice cloning, and object recognition, which help them work faster without losing their minds.

The main problem $SUBBD tackles is simple and painful: creators losing up to 70% of their income to platforms, payment processors, and every middleman who wants a slice.

Add the constant fear of bans or demonetization, and the whole thing becomes a stressful business model.

SUBBD solves this by routing earnings through the $SUBBD token, giving creators crypto payouts, global reach without banking friction, and token-gated exclusives they fully control.

Experience is where SUBBD tries to stand out. The AI Personal Assistant handles automated DMs, fan chats, and custom replies. AI voice cloning and AI influencer creation let creators experiment with new personas and new languages without hiring extra help.

Fans, meanwhile, receive subscriptions, access to exclusive content, pay-per-view drops, NFT sales, tipping, and even AI-only experiences in one place. In other words, it’s a win-win for both creators and their fans.

Why $SUBBD Matters Right Now
The SUBBD Token ($SUBBD) design tries to keep users engaged.

The presale has already raised $1.3M+, which signals early demand for a creator-focused token instead of just another meme coin. Right now, you can buy $SUBBD for just $0.0571.

➡️ Check out our guide to buying $SUBBD if you plan to join the presale.

A fixed 20% APY staking rate in year one rewards early holders with exclusive livestreams, in-house content, daily behind-the-scenes drops, and XP boosts for future perks.

To explore more possible upside scenarios and market positions, take a look at our SUBBD price prediction and compare it with your own view before deciding whether to invest in SUBBD Token.

On-chain, holders can vote on new features, creator onboarding, themes, events, and which AI creators get highlighted. This governance layer pushes SUBBD closer to a programmable content marketplace rather than a static subscription site.

As more value flows through high-throughput networks, the bet is that creator tokens like $SUBBD become one of the main places that value wants to land.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always do your own research before investing in crypto.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/xrp-price-prediction-1m-payments-boost-subbd-token

XRP sits around $2.00 as of now, but is another rally brewing?

Ripple’s XRP, alongside the rest of the cryptocurrency market, went through the wringer in the past few months, but there’s some hope on the horizon.

Data shared by popular analyst CW shows that the XRP spot volume has calmed lately, which, history suggests, could mean a price bottom and a subsequent rally.

The $XRP spot volume bubble map shows the current state of cooling.

In general, cooling phase indicates oversold and it is most appears in the bottom state.$XRP ETFs are being continuously listed, and global liquidity is increasing. With the continued listing of ETFs, $XRP is… pic.twitter.com/tfkW8ZsfFr

— CW (@CW8900) December 2, 2025

The bubble map above aligns with previous reports indicating that the overall market calamity that took place since early October has mostly been influenced by leveraged trading.

For XRP, in particular, this map shows that when the spot volume overheats (red dots), the asset enters a prolonged correction phase. However, this hasn’t been the case for the past few months, as the last sizeable red dots came after the late 2024/early 2025 rally to $3.40.

Consequently, CW determined that the current spot volume levels mean XRP is in a “state of cooling,” which “indicates oversold” and has historically appeared during the price bottom phases.

The analyst believes this period won’t last long as new XRP ETFs launch almost every week and the inflows are quite impressive. In fact, the spot Ripple funds have performed a lot better than their BTC, ETH, and SOL counterparts since the first one hit the US markets in mid-November.

You may also like:

Ripple (XRP) ETFs Reign Supreme as Total Inflows Surpass Bitcoin, Ethereum Funds

Why CoinShares Just Quit the $600M XRP and SOL ETF Battle

Binance XRP Reserves Sink to All-Time Low: Good or Bad for Ripple’s Price?

CW added that global liquidity is increasing, which, alongside the growing inflows into the spot XRP ETFs, could result in a significant price expansion for the underlying token. For now, though, XRP remains just inches above the pivotal $2.00 support. It’s still in the red on a yearly scale, although the company behind it has recorded its best year to date.

Tags:

About the author

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.

Tue, 2/12/2025 - 13:57

Bitcoin is seeing a substantial drop in exchange supplies, which could be a trigger for a potential surge of buying activity on the market.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Exchange balances for Bitcoin have plummeted to new multiyear lows, falling to about 2.19 million BTC, a level not seen in a very long time. On paper, that sounds like the perfect setup for a classic supply shock: fewer coins available for sale, rising scarcity and the potential for an outsized upside reaction once demand reignites.  

Bitcoin's price outlookThe chart of exchange balances shows an unbroken, steady decline over the past year. This is not just a short-term blip — it is a structural trend. Simultaneously, Bitcoin has been steadily declining from the $110,000-$120,000 range, failing to maintain any significant support as it returns to the high-$80,000s. 

A bullish narrative is typically supported by a declining supply, but price action indicates that demand is not strong enough to take advantage of it. If anything, the market has been absorbing reduced sell-side pressure with surprisingly weak buying interest.

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BTC/USDT Chart by TradingViewLooking at the BTC/USD chart in greater detail, we can see that Bitcoin is still trapped below the 50-, 100- and 200-day EMAs, a complete bearish stack. The breakdown from the rising wedge in November triggered a clean trend reversal, and every bounce since has been shallow, low-volume and unable to reclaim resistance. The RSI recovering from oversold territory is normal after a big flush, but it does not signal strength by itself.

Exchange reserves are thinWhat implications does this have for the supply shock argument? There is potential. Thin exchange reserves would amplify the move if demand suddenly increased due to ETF flows, macro easing or the return of liquidity. But the current market environment is the exact opposite: declining spot demand, weakened momentum, miners under pressure and a broadly risk-off backdrop. A supply shock only becomes significant when demand is excessive. Right now, it is not even mildly impressive.

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In short, Bitcoin’s low exchange reserves are a bullish long-term structural signal — but they are not enough to move the market on their own. A true supply shock is more wishful thinking than a plausible scenario until Bitcoin can regain important resistances and buyers demonstrate genuine conviction.

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Ethereum is struggling to reclaim momentum after a sharp 6% drop in the last 24 hours pushed the altcoin king back from the critical $3,000 barrier. 

The level has acted as both psychological and technical resistance, and the latest rejection comes at a time when some of Ethereum’s most influential holders are pulling back.

Ethereum Holders’ Supply DropsHODL Waves data shows that Ethereum’s long-term holders (LTHs) have been offloading their assets since early November. This selling pressure intensified around November 19, leading to a meaningful reduction in the supply controlled by the 2-to-3-year cohort. Their share of the circulating supply dropped from 8.51% to 7.33%, a clear sign that this group moved to offset losses and reduce risk exposure.

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Given that LTHs tend to be the most stable participants in the Ethereum ecosystem, their selling has had a direct impact on price performance. More importantly, their positions have not recovered since the sell-off, creating a supply gap that new investors will need to fill if ETH is to regain upward momentum.

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

Ethereum HODL Waves. Source: GlassnodeFortunately, Ethereum is seeing encouraging signs of new demand. Over the past seven days, new addresses on the network have surged 13.4%, rising from 141,650 to 160,690. This marks the strongest weekly jump in more than two and a half months and signals fresh investor interest despite the recent correction.

New addresses often translate into new capital flowing into the market, which is critical for Ethereum as it attempts to stabilize above key support levels. However, sustaining this growth is essential. If the influx of new holders slows, the market may not be able to compensate for the missing LTH participation. 

Ethereum New Addresses. Source: GlassnodeETH Price Is Yet To Find A DirectionEthereum is trading at $2,805 at the time of writing, reflecting a 6% daily decline. The asset is sitting just below the $2,814 resistance level after its latest failed attempt to break through $3,000.

Based on current sentiment and market structure, ETH could stabilize and attempt a rebound, but a strong recovery will require consistent investor support. In the near term, Ethereum will likely fluctuate between $2,814 and $3,000 as it searches for direction.

ETH Price Analysis. Source: TradingViewIf bullish momentum strengthens and fresh demand remains steady, Ethereum could finally break above the $3,000 barrier. A successful breach would pave the way for a move toward $3,131 and potentially $3,287. This would invalidating the short-term bearish thesis.

Bitcoin clings to the upper edge of its daily range at $87,818, flaunting a market cap of $1.739 trillion while pushing $72.66 billion in volume across a volatile session capped between $83,989 and $87,820.

TL;DR

The number of wallets holding more than 100 million XRP has fallen more than 20% in eight weeks, while the remaining large holders now control a seven-year high of 48 billion XRP.
On-chain data shows supply consolidation as major entities adjust positions after strong US spot ETF inflows.
Despite short-term pressure, long-term accumulation among top-tier holders remains evident.

The XRP Ledger is experiencing a significant adjustment as high-value wallet counts decline while the remaining large holders accumulate at levels not seen since 2018. On-chain patterns indicate that whales are reshaping their exposure amid rising institutional participation and shifting supply dynamics.

🐳 XRP Ledger is seeing a fascinating trend of whale & shark wallets shrinking in number, but continuing to grow in coins held. There are -20.6% less 100M+ $XRP wallets compared to 8 weeks ago, but they still own a 7-year high 48B coins collectively.

🔗 https://t.co/vvuvnoGOQJ pic.twitter.com/UKFTmUofmg

— Santiment (@santimentfeed) December 1, 2025

XRP Ledger Whale Dynamics Shift
Santiment data shows that 100M+ XRP wallets dropped more than 20% over the past two months, marking one of the steepest contractions recorded for this tier. More than 560 wallets exited the bracket since late September, yet total holdings rose above 48 billion XRP, a level aligned with seven-year highs.

This movement reflects a redistribution phase where exiting large holders leave room for deeper concentration among long-term participants. When XRP traded near $2.85 three months ago, the number of wallets in this tier exceeded 2,000, although total holdings were slightly lower. During the mid-2025 peak, when XRP touched $3.65, holdings were dispersed and showed less consolidation than the current structure.

Institutional Demand And XRP Ledger Activity
Institutional exposure increased following the debut of spot XRP ETFs in the US, which attracted more than $756 million in net inflows across November. These allocations contributed to observable shifts in upper wallet tiers as large entities broadened their positions.
Network activity mirrored this trend. The XRP Ledger processed more than 40,000 configuration transactions in the final week of November, linked to custodial setups, multisignature updates, and AMM adjustments supporting new financial products. 

Market Position And Price Outlook
XRP continues to face rejection near the $2.50 resistance zone and currently trades close to $2.00, down about 9% for the week. Resistance remains concentrated between 2.2752 and 2.5808, limiting short-term recoveries. Some analysts note a bullish pennant forming above the 50 EMA, which now acts as support after serving as resistance in previous cycles.

Overall, the combination of shrinking whale wallet counts and rising aggregate holdings indicates that influential holders remain active. As ETF products expand and infrastructure updates increase on the XRP Ledger, market participants continue monitoring how this consolidation could set the stage for XRP’s next decisive move.

An Ethereum ICO whale resurfaced after more than a decade and shifted 40,000 ETH straight into staking instead of sending it to exchanges. The move came as other major holders sent large batches of ETH to Kraken and as the market broke through key resistance levels.

Ethereum ICO Whale Stakes 40,000 ETH After a Decade of SilenceAn early Ethereum ICO wallet holding 40,000 ETH — worth about $120 million — has moved for the first time in more than 10 years and sent the funds to staking rather than to an exchange, on-chain data shows.

Ethereum ICO Wallet Staking Move. Source: Lookonchain

On-chain tracker Lookonchain reported that the address starting with 0x2dCA woke up after long dormancy and began transferring ETH in batches to a new wallet. From there, the coins flowed in multiple 32-ETH transactions to the Beacon Deposit Contract, which is used to activate Ethereum validators.

Because each validator requires 32 ETH, the 40,000 ETH position is enough to run around 1,250 validators. As the screenshot from Etherscan indicates, the new wallet repeatedly sent 32 ETH “Deposit” transactions to the Beacon contract over the past few minutes.

The original wallet received its ETH during Ethereum’s 2014 initial coin offering and had not shown activity since then. Now, instead of sending the coins to trading venues, the owner has locked them into Ethereum’s proof-of-stake system, shifting the funds from liquid supply into long-term staking.

Whale Sends 10,176 ETH to Kraken After 100-Day sETH HoldAn Ethereum whale moved 10,176 ETH, worth about $28.69 million, to Kraken after unwinding a large stETH position, on-chain data shows. The address converted the staked ETH (sETH) back to ETH, then sent the full stack to the exchange in two large deposits.

Whale ETH Deposit to Kraken. Source: Onchain Lens

The wallet, tagged “Token Millionaire” and identified as 0xd908995fd431eb0078cd35e912ff14e45043818f, can be tracked for roughly five years, according to Nansen. Back in 2019, the same entity withdrew 21,086 ETH valued at $7.35 million and has since been slowly returning coins to exchanges.

Now, with this latest 10,176 ETH transfer following a 100-day hold in sETH, the whale has pushed a major chunk of its historical stash back toward trading venues.

ETH Breakout Accelerates as Price Clears Key Resistance LevelsEthereum’s chart shows a decisive breakout after reclaiming two major horizontal zones that capped price action through the second half of the year. The move above the first resistance near the 3,000–3,100 USD area shifted momentum, while the clean push through the 3,600–3,700 USD band confirmed strength and removed the last major supply block before higher targets.

Ethereum Breakout Structure. Source: GordonGekko

The chart highlights how ETH built a base around 2,650 USD, where buyers repeatedly absorbed sell pressure. That zone acted as the cycle’s main demand layer. Each rebound from this region strengthened the structure and narrowed the distance to the overhead levels.

Once ETH drove through the upper resistance, candles extended vertically. This shows aggressive follow-through, with very little pause between sessions. The current trend reflects strong market conviction, as the breakout did not face meaningful rejection after retesting the range.

Gordon’s post frames the move as a setup for a broader upside continuation. His chart underscores that ETH has removed the major barriers visible on the daily timeframe. With both resistance shelves now behind price, the structure points to open air above, although traders still watch for potential retests or consolidation phases after such a steep run.

Bitcoin is unlikely to drop below $50k, let alone to $35k, one analyst tweeted on X (formerly Twitter). The largest cryptocurrency by market capitalization is currently trading nervously below $88k at press time, under mounting bearish pressure.

Some analysts have already declared that the bear market has officially arrived and are gearing up for a major buying opportunity near the anticipated market bottom. However, predicting the bottom or the top in a Bitcoin 4-year cycle is easier said than done, with multiple variables affecting the overall outcome. There is also the question of whether the bear market has started at all, or the bull market has just been delayed for the time being.

$35k Bitcoin is Out of the Question?
In a lengthy tweet, Skydolic, a crypto analyst with a strong base, argues against a major price drop in Bitcoin’s valuation. He posted:

“…., I am seeing people talking about $35k levels next year, and it’s absolute rubbish.

Firstly, for Bitcoin to retrace 75% it actually has to fully expand, and this cycle, it just did not do that.

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Those kinds of retraces are only possible because the level of expansion makes that level of contraction possible.

You can see on the 1M RSI that we barely even touched any degree of overbought, for the first time ever.

Every previous cycle has had huge pushes into the upper band of oversold.

Secondly, even if this is the big bad bear market, Bitcoin has never breached the lower 1M Bollinger bands on its bottom.

And that is currently at $55k….”

He also attached this graph to his descriptive analysis:

Image Source: X
According to Skyodelic, the absolute worst-case scenario bottom for this time around would be around the $55k level. This is a much higher figure than those quoted by other analysts, ranging from $45k to as low as $35k. 

But, Skyodelic is adamant that such a scenario will not present itself because of two factors:

Bollinger Bands (BBs) at cycle bottoms have never been breached on the downside. They have acted as a historical floor in previous cycles as well
The recent ending of the Quantitative Tightening policy in the United States

The Future
BB is considered an important crypto analytical tool that has helped traders predict market crashes and booms over the years. They are popular for analyzing assets with high volatility, which is ideal for BTC, as it often experiences violent contractions and expansions. 

However, BTC’s unpredictable nature has a history of shattering previous trends. The 4th quarter of 2025 has so far been the worst in history, and we are approaching a time when the 4-year cycle might become irrelevant, or at least stretched to say the least.

The Hyperliquid price faces growing downside pressure as bullish volume fades and the $29 support zone struggles to hold, raising the risk of a deeper correction toward $19.

Summary

Bearish structure confirmed through persistent lower highs and lower lows.
Fading bullish volume leaves the $29 value area low vulnerable to breakdown.
Losing $29 increases risk of a rapid corrective move toward $19 support.

Hyperliquid (HYPE) price is entering a critical stage in its market cycle as the price continues to show significant signs of weakness. The asset has struggled to regain momentum after losing the point of control, and bearish market structure remains dominant.

With bullish volume fading and support levels thinning beneath the current price, Hyperliquid is at risk of a sharper corrective move that could send the asset to its next major support near $19. This comes as Paxos selects Plume, Hyperliquid, and Aptos as the primary networks for the USDGO stablecoin launch, although the announcement has not yet influenced immediate price action. 

Hyperliquid price key technical points

Bearish structure confirmed through consecutive lower highs and lower lows.
Loss of the point of control has pushed price back toward the $29 value area low.
Breakdown below $29 increases the probability of a deeper corrective move toward $19.

HyperLiquid (1D) Chart, Source: TradingView
Hyperliquid continues to struggle under a clearly defined bearish market structure. The asset has been forming consistent lower highs and lower lows, indicating sustained downward pressure across multiple time frames. This structure intensified first when the point of control was lost, shifting momentum firmly in favor of sellers. Since then, Hyperliquid has not shown a meaningful recovery and has instead slipped back into a key support zone around $29.

The $29 region is essential not only because it represents a psychological level but also because it aligns with the trading range’s low-value area. This confluence makes it a natural area for potential accumulation. However, accumulation has not been significant.

Bullish volume has remained weak and insufficient to reclaim lost structure, allowing sellers to maintain dominance. This lack of demand has kept Hyperliquid vulnerable, particularly as price continues to hover near the lower boundary of the range.

One of the clearest warning signals is how close price action has come to breaking below the $29 low on a closing basis. A confirmed candle close beneath this level would represent a structural shift and likely trigger an expansion of bearish momentum. Without decisive buyer intervention, such a breakdown typically results in an impulsive move toward the next support level in the higher time frame. For Hyperliquid, that support sits at the $19 level, making it the next logical target if the current level fails.

The fading bullish volume adds further weight to this bearish scenario. Historically, Hyperliquid has only managed meaningful recoveries when volume inflows expanded at major support zones. At present, no such inflow is visible. 

Hyperliquid has also recently responded to criticism, suggesting it prioritizes revenue over trader needs, but this clarification has not translated into improved short-term price behavior. Selling pressure has remained consistent while the attempts to bounce from support have been shallow and short-lived.

This imbalance between supply and demand is a strong indicator that downside continuation remains more likely unless market conditions shift significantly.

What to expect in the coming price action
If the $29 support continues to weaken and price closes below this level, Hyperliquid is likely to accelerate toward the $19 zone. A strong reaction from buyers at $29 would be needed to halt the bearish continuation. Without a decisive shift in volume, the short-term outlook remains strongly bearish.

Cronos (CRO) was also a top performer, up 7.6% from Monday.

DALLAS, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Celanese Corporation (NYSE: CE) (“Celanese”), a global chemical and specialty materials company, today announced that its direct wholly-owned subsidiary Celanese US Holdings LLC (the “Company”) has commenced offers to purchase for cash up to $1,000,000,000 aggregate principal amount (as such amount may be increased or decreased subject to applicable law, the “Maximum Tender Amount”) of its outstanding (i) 6.665% Senior Notes due 2027 (the “2027 Notes”) and (ii) 6.850% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “Notes”) as described in the table below (the “Tender Offers”). No more than $100,000,000 aggregate principal amount of the 2028 Notes will be purchased in the Tender Offer for the 2028 Notes (as may be increased by the Company, the “Series Cap”).

The Tender Offers are being made upon the terms and subject to the conditions set forth in the offer to purchase dated December 2, 2025 (the “Offer to Purchase”). Notes purchased in the Tender Offers will be retired and cancelled. Terms not defined in this announcement have the meanings given to them in the Offer to Purchase. Copies of the Offer to Purchase are available to holders through the information and tender agent, D.F. King & Co., Inc., at (212) 269-5550 (for banks and brokers) or (800) 967-4607 (all others, toll-free) in New York or by email at [email protected].

Title of
Security(a)CUSIP / ISINOutstanding Principal AmountAcceptance Priority LevelSeries Cap(c)Tender Offer Consideration (per $1,000)(d)Early Tender Payment (per $1,000)(d)Total Consideration (per $1,000)(d)6.665% Senior Notes due 2027 (the “2027 Notes”)(b)15089QAM6 / US15089QAM69$1,500,000,0001N/A$987.50$50.00$1,037.506.850% Senior Notes due 2028 (the “2028 Notes”)(b)15089QAW4 / US15089QAW42$1,000,000,0002$100,000,000$1,005.00$50.00$1,055.00 (a) The Notes are guaranteed on a senior basis by Celanese and by each of the Company’s current and future domestic subsidiaries that guarantee the Company’s obligations under its senior credit facilities. As of the next interest payment date, the interest rate payable on the 2027 Notes will be 7.165% and the interest rate payable on the 2028 Notes will be 7.350%.   (b) As of the date of the Offer to Purchase, the interest rate payable on the 2027 Notes has increased by 0.50% from the original stated coupon of 6.165%, and the interest rate payable on the 2028 Notes has increased by 0.50% from the original stated coupon of 6.350%.   (c) The Series Cap represents the maximum aggregate principal amount of 2028 Notes that will be purchased. The Company reserves the right, but is under no obligation, to increase, decrease or eliminate the Series Cap at any time, subject to applicable law.   (d) Payable in cash per each $1,000 principal amount, as applicable, of the specified series of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time (as defined below) and accepted for purchase. The Total Consideration includes the Early Tender Payment (as defined below).    The Tender Offers will expire at 5:00 p.m., New York City time, on December 31, 2025, unless extended or earlier terminated (such time and date, as the same may be extended, the “Expiration Time”). Holders must validly tender and not validly withdraw their Notes prior to 5:00 p.m., New York City time, on December 15, 2025, unless extended (such time and date, as the same may be extended, the “Early Tender Time”), to be eligible to receive the applicable Total Consideration (as defined below) which already includes an amount in cash (the “Early Tender Payment”) equal to the applicable amount set forth in the table above under the heading “Early Tender Payment”, plus accrued and unpaid interest. Holders who validly tender their Notes after the Early Tender Time but at or prior to the Expiration Time will be eligible to receive only the applicable Tender Offer Consideration (as defined below), which is an amount equal to the applicable Total Consideration minus the applicable Early Tender Payment.

Notes tendered may be withdrawn at any time prior to, but not after, 5:00 p.m., New York City time, on December 15, 2025 (such time and date, as it may be extended, the “Withdrawal Deadline”). The Tender Offers are subject to the satisfaction of certain conditions, as set forth in the Offer to Purchase; these conditions include the “Financing Condition”, by which is meant the completion of a concurrent offering by the Company of new debt securities that closes no later than the Early Settlement Date (as defined below), on terms satisfactory to the Company (in its discretion), including but not limited to the amount of net proceeds raised by such offering being sufficient to effect the repurchase of the Notes validly tendered and accepted for purchase pursuant to the Tender Offers.

The aggregate purchase price plus accrued and unpaid interest for Notes that are validly tendered and not validly withdrawn before the Early Tender Time and accepted for purchase will be paid by the Company in same day funds promptly following the Early Tender Time (the “Early Settlement Date”). The Company expects that the Early Settlement Date will be December 17, 2025, the second business day following the Early Tender Time. The aggregate purchase price plus accrued and unpaid interest for Notes that are validly tendered after the Early Tender Time and before the Expiration Time and accepted for purchase will be paid by the Company in same day funds promptly following the Expiration Time (the “Final Settlement Date”). The Company expects that the Final Settlement Date will be January 5, 2026, the second business day after the Expiration Time, assuming neither the Maximum Tender Amount nor the Series Cap is reached at the Early Tender Time. No tenders will be valid if submitted after the Expiration Date.

The Notes accepted for payment on the Early Settlement Date or the Final Settlement Date, as applicable, will be accepted in accordance with their Acceptance Priority Level set forth in the table above (with 1 being the highest Acceptance Priority Level and 2 being the lowest Acceptance Priority Level), provided that the Company will only accept for purchase Notes in an aggregate principal amount up to the Maximum Tender Amount and that Notes tendered at or prior to the Early Tender Time will be accepted for purchase with priority over Notes tendered after the Early Tender Time, but at or prior to the Expiration Time, regardless of the priority of the series of such later tendered Notes. Subject to applicable law, the Company reserves the right, but is under no obligation to, increase, decrease, or eliminate the Series Cap at any time without extending the Withdrawal Deadline or otherwise reinstating withdrawal rights of Holders. As more fully described in the Offer to Purchase, if the Series Cap is reached at or prior to the Early Tender Time, no 2028 Notes that are tendered after the Early Tender Time will be accepted for purchase, unless the Company increases the Series Cap.

The purchase of any series of Notes is not conditioned upon the purchase of any other series of Notes. Any Notes validly tendered (and not validly withdrawn) and accepted for purchase may be subject to proration as described in the Offer to Purchase. Holders of Notes that are validly tendered and not validly withdrawn at or prior to the Early Tender Time and that are accepted for purchase will receive the applicable “Total Consideration”, which already includes the Early Tender Payment for the applicable series of Notes set forth in the table above.

Holders of any Notes that are validly tendered after the Early Tender Time but at or before the Expiration Time and that are accepted for purchase will receive the applicable Total Consideration minus the Early Tender Payment (the “Tender Offer Consideration”).

Holders are advised to check with any bank, securities broker or other intermediary through which they hold their Notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in the Tender Offers before the deadlines specified herein and in the Offer to Purchase. The deadlines set by the clearing system for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.

The Company has retained BofA Securities as Lead Dealer Manager, and Citigroup, Deutsche Bank Securities and TD Securities as Co-Dealer Managers for the Tender Offers (collectively, the “Dealer Managers”). The Company has retained D.F. King as the Information and Tender Agent for the Tender Offers.

For additional information regarding terms and conditions of the Tender Offers please contact: BofA Securities at (888) 292-0070 (toll free) or (980) 388-3646 (collected). Requests for documents and questions regarding tendering of securities may be directed to D.F. King at +1 (212) 269-5550 (for banks and brokers only) or +1 (800) 967-4607 (for all others, toll-free) in New York, or by email at [email protected] or to BofA Securities at its respective telephone numbers. Copies of the Offer to Purchase and other documents relating to the Tender Offers may also be obtained at https://clients.dfkingltd.com/CE.   

This announcement is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offers are made only by the Offer to Purchase, and the information in this announcement is qualified by reference to the Offer to Purchase dated December 2, 2025. There is no separate letter of transmittal in connection with the Offer to Purchase. None of the Company, Celanese, the Celanese Board of Directors, the Dealer Managers, the Information and Tender Agent or the trustees with respect to any Notes is making any recommendation as to whether holders should tender any Notes in response to the Tender Offers, and neither the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

Legal Notices

None of the Dealer Managers (nor any of their respective directors, officers, employees, agents or affiliates) has any role in relation to any part of the Tender Offers made to Holders of Notes.

This announcement is for informational purposes only and is not an offer to sell or purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any securities. There will be no sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

This announcement does not describe all the material terms of the Tender Offers and no decision should be made by any Holder on the basis of this announcement. The terms and conditions of the Tender Offers are described in the Offer to Purchase. This announcement must be read in conjunction with the Offer to Purchase. The Offer to Purchase contains important information which should be read carefully before any decision is made with respect to the Tender Offers. If any Holder is in any doubt as to the contents of this announcement, or the Offer to Purchase, or the action it should take, it is recommended that the Holder seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Tender Offers.

None of the Company, the Dealer Managers or their affiliates, their respective boards of directors, the Information and Tender Agent, the trustee with respect to the Notes or any of their respective affiliates makes any recommendation, or has expressed an opinion, as to whether or not Holders should tender their Notes, or refrain from doing so, pursuant to the Tender Offers. Each Holder should make its own decision as to whether to tender its Notes and if so, the principal amount of the Notes to tender.

The Company has not filed this announcement or the Offer to Purchase with, and they have not been reviewed by, any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Tender Offers, and it is unlawful and may be a criminal offense to make any representation to the contrary.

The Offer to Purchase does not constitute an offer to purchase Notes in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer under applicable securities or blue sky laws. The distribution of the Offer to Purchase in certain jurisdictions is restricted by law. Persons into whose possession the Offer to Purchase comes are required by each of the Company, the Dealer Managers, the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.

About Celanese

Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2024 net sales of $10.3 billion.

Forward-Looking Statements

This announcement may contain “forward-looking statements,” which include information concerning the expected timing of the Tender Offers, our ability to complete the Tender Offers, other terms of the Tender Offers including the Financing Condition and the other conditions set forth in the Offer to Purchase, the successful completion of the concurrent notes offering, and other information that is not historical information. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the forward-looking statements contained in this announcement. Numerous other factors, many of which are beyond Celanese’s control, could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed in Celanese’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and neither the Company nor Celanese undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

Celanese Contacts:

Investor Relations
Bill Cunningham
Phone: +1 302 772 5231
[email protected]

Media - U.S.
Jamaison Schuler
Phone: +1 972 443 4400
[email protected]

Media - Europe
Petra Czugler
Phone: +49 69 45009 1206
[email protected]

Source: Celanese Corporation

HomeMarket OutlookCryptocurrency Tech 

SummaryI believe the core upside is CleanSpark’s potential AI/HPC second act, built on contracted power and ready sites (Sandersville, GA and Texas) that could attract hyperscaler leases before 2027.
The stock’s 50% jump last week reflects a narrative shift from pure bitcoin miner to digital infrastructure platform, even though AI compute contributes $0 revenue today.
Valuation looks cheap: ~18x next year’s earnings, about 40% below the IT sector median, and the lowest P/S among peers pivoting toward AI compute.
I remain bullish, monitoring lease agreements at Sandersville (250 MW) and Texas (285 MW), which are critical to the company's AI strategy.
Remigiusz Gora/iStock via Getty Images

I initiate coverage on CleanSpark, Inc. (CLSK) after the stock surged 50% last week on a narrative shift from just another bitcoin miner to a prospective AI/HPC digital infrastructure platform.

I am bullish on

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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F5 (FFIV - Free Report) is a Zacks Rank #5 (Strong Sell) despite recently beating the Zacks Consensus Estimate. The stock has a Zacks Style Score for Value of F and a B for Growth.  This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.

Description                                             

F5, Inc. engages in the business of multi-cloud application services. The firm's products include F5 distributed cloud services, F5 NGINX, F5 BIG-IP, and F5 Systems. It operates through the following geographical segments: Americas, EMEA, and APAC. The company was founded on February 26, 1996 and is headquartered in Seattle, WA.

Earnings History

When I look at a stock, the first thing I do is look to see if the company is beating the number.  This tells me right away where the market’s expectations have been for the company and how management has communicated to the market.  A stock that consistently beats has management communicating expectations to Wall Street that can be achieved.  That is what you want to see.

In the case F5 (FFIV - Free Report)  I see the company has beaten the Zacks Consensus Estimate in each of the last four quarters. This alone does not make the stock a Zacks Rank #1 (Strong Buy) and it doesn’t make it a Zacks Rank #5 (Strong Sell) either.

The Zacks Rank does care about the earnings history, but it is much more heavily influenced by the movement of earnings estimates.

The most recent quarter saw the company report EPS of $4.39 when the consensus was calling for $3.96. 

Earnings Estimates

The Zacks Rank tells us which stocks are seeing earnings estimates move higher or in this case lower.  For F5 (FFIV - Free Report) I see annual estimates for next year moving lower of late.

The current fiscal year consensus number has slid from $16.00 to $14.99 over the last 90 days. 

The next fiscal year has moved from $16.94 to $16.10 over the last 90 days.

Negative movement in earnings estimates like that is why this stock is a Zacks Rank #5 (Strong Sell).

It should be noted that a lot of stocks in the Zacks universe are seeing negative earnings estimate revisions.  That means that the stocks that are seeing small but negative earnings estimate revisions are falling to a Zacks Rank #5 (Strong Sell).

CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® (NASDAQ: CAKE) known for its extensive menu, generous portions and legendary desserts, is bringing back its Peppermint Stick Chocolate Swirl Cheesecake for the holidays. This festive flavor features peppermint swirled with white and dark chocolate cheesecake all on a delicious mint chocolate brownie, and is now available at all The Cheesecake Factory restaurants nationwide. Additionally, The Cheesecake Factory is featuring a spec.

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital Investors (“Windjammer”) is pleased to announce the sale of its portfolio company Paragon Energy Solutions (“Paragon” or the “Company”) to Mirion Technologies, Inc. (NYSE: MIR, “Mirion”). Based in Fort Worth, Texas, Paragon is a leading provider of highly engineered solutions for large-scale nuclear power plants and small modular reactors (“SMRs”). The Company provides a wide range of products including electrical, sens.

TL;DR

Bitcoin’s price fell over 33% from its all-time high near $126,000.
Analysts debated whether massive ETF outflows were the primary cause of the drop.
Vanguard reversed its policy and will now allow trading of crypto-linked funds.

The price of Bitcoin dropped over 33% from its record peak near $126,000, erasing weeks of gains and triggering widespread liquidation across the crypto sector. As of early December, Bitcoin trades between $84,000 and $86,500, with fear indicators flashing red. Many investors secured profits while institutional selling deepened the decline.

At the same time, US spot Bitcoin ETFs recorded some of their largest redemptions to date, raising debate over their influence on price.

Analysts at Citi Bank reignited controversy by claiming that ETF outflows directly contributed to Bitcoin’s decline. Their report calculated that each $1 billion withdrawn from US spot ETFs correlates with a 3.4% price drop in Bitcoin. The conclusion portrayed ETF flows as a primary driver of downward momentum in November.

Bloomberg’s Eric Balchunas, senior ETF analyst, strongly disagreed. In a post on X, he argued that the Citi model ignored year-to-date inflows of $22.5 billion into Bitcoin ETFs.

Starting tmrw vanguard will allow ETFs and MFs tracking bitcoin and select other cryptos to begin trading on their platform. They cite how the ETfs have been tested performed as designed through multiple periods of volatility. Story via @emily_graffeo pic.twitter.com/AKhMdR7pab

— Eric Balchunas (@EricBalchunas) December 1, 2025

Using Citi’s logic, he said, Bitcoin should have gained 77% this year—an inconsistency that exposes flaws in the correlation. Balchunas stressed that ETFs account for only around 3% of total selling pressure, and blaming them oversimplifies market behavior.

According to SoSoValue, US-listed Bitcoin ETFs saw $3.79 billion in withdrawals during November, surpassing the February record of $3.56 billion. BlackRock’s iShares Bitcoin Trust (IBIT) led redemptions with $2.47 billion, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $1.09 billion.

Combined, both funds represented over 90% of all redemptions, concentrating selling among large institutional vehicles. Citi strategist Alex Sonders explained that ETF creation and redemption mechanisms tie directly to Bitcoin’s spot price, as authorized participants must buy or sell Bitcoin to balance investor demand.

The selloff extended beyond ETFs
Open interest in Bitcoin derivatives dropped 35% from October peaks, according to CoinGlass. Traders who once relied on leverage liquidated positions entirely, fearing a repeat of the October 10 wipeout event. By the end of November, Bitcoin’s market structure showed clear risk aversion as margin exposure collapsed and liquidity pools thinned.

Recent ETF data pointed to a brief recovery in flows. Farside Investors reported $8.5 million in net inflows on Monday, marking the fourth consecutive day of positive movement. While IBIT logged $74 million in redemptions, FBTC attracted $67 million, and ARK Invest’s ARKB added $7.38 million, helping balance aggregate inflows. Despite the improvement, Bitcoin failed to sustain a rebound, slipping from $92,000 to $86,500 within two sessions.

Vanguard made a headline-grabbing policy reversal
The broker, with 50 million brokerage clients, now allows trading of crypto-focused ETFs and mutual funds—a sharp departure from its previous stance that labeled cryptocurrencies “too speculative.” Starting Tuesday, Vanguard clients can trade funds with exposure to Bitcoin, Ethereum, XRP, and Solana, marking a historic step toward mainstream crypto integration.

Andrew Kadjeski, head of brokerage and investments at Vanguard, stated that crypto ETFs have proven resilient, maintaining liquidity through volatile periods. He emphasized that such funds have functioned as designed, handling redemptions and new inflows even during price shocks.

Elon Musk, the billionaire who controls almost $2 billion worth of bitcoin via his companies Tesla and SpaceX, has again warned the U.S. is hurtling toward a “debt crisis” that could blow up the bitcoin price.

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The bitcoin price, which has plummeted since hitting an all-time high of $126,000 per bitcoin in early October (and may have a lot further to fall), is up almost 200% over the last two years as traders bet on the so-called debasement trade that’s also sent gold sharply higher.

Now, as traders brace for a December Federal Reserve earthquake, Musk has predicted “money disappears as a concept” in the future, with energy the only “true currency.”

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ForbesBitcoin Braced For A Huge December Fed Game-Changer As $6.6 Trillion Flip Predicted To Trigger Price ShockBy Billy Bambrough

Elon Musk, the Tesla, SpaceX and X chief executive, has predicted the "debt crisis" is going to change the nature of money amid a bitcoin price challenge to gold.

Getty Images

“This is why I said bitcoin is based on energy,” Musk said in an interview with Nikhil Kamath. “You can't legislate energy.”

In October, Musk posted to X that “bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy," and agreeing that the “global arms race" toward artificial intelligence is the reason why gold, silver and bitcoin have all seen their prices soar in recent years.

Bitcoin, which is secured by a network of so-called miners who use powerful computers to validate transactions in return for newly issued bitcoin, uses as much electricity each year as some small countries, with its energy demands climbing along with its price as more miners join the network.

In recent months, the “debasement trade” betting against traditional currencies like the dollar and betting on “hard” assets like gold, silver and bitcoin has taken off, with traders pushing gold, silver and the bitcoin price to record highs.

Disquiet over so-called fiat currencies has grow in the years following the huge 2008 financial crisis bailouts that directly led to the creation of bitcoin and then Covid lockdown stimulus measures that flooded the economy with trillions of freshly printed dollars.

Government stimulus and supply chain disrupting lockdowns sparked massive global inflation, which some fear has put the U.S. dollar into "death spiral" as the Federal Reserve is forced to create more dollars to pay off interest on its existing debt.

“The U.S. is increasing money supply quite substantially with deficits that are in the order of $2 trillion,” Musk told Kamath, predicting AI advances in three years will increase the output of goods and services enough to drive the economy into deflation.

“In three years or less, my guess is goods and services output will exceed the rate of inflation,” Musk said. "Maybe after those three years, you have deflation and then interest rates go to zero and then the debt is a smaller problem than it is.”

Musk, who helped Trump back into the White House with campaign rallies and warnings over the spiraling U.S. debt pile that has now passed $38 trillion, dramatically fell out with U.S. president Donald Trump after he failed to rein in government spending, while Musk’s own department of government efficiency (Doge) initiative has so far failed to make the multi-trillion dollar savings it originally promised.

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ForbesIt’s ‘Finally Here’—‘Massive’ BlackRock Bitcoin ETF Update Helps Price Suddenly SoarBy Billy Bambrough

The bitcoin price has dropped sharply over the last two months, sparking fears of a bitcoin price crash even as traders and investors issue bullish bitcoin price predictions.

Forbes Digital Assets

Musk’s support for bitcoin and crypto has waned from its Covid-era peak, though Musk has continued to give backing to bitcoin, as well as his "favorite" cryptocurrency dogecoin.

Following his White House exit, Musk said his America Party would favor bitcoin over the U.S. dollar, with Musk branding the dollar and other non-asset backed currencies as “hopeless.”

This week, the bitcoin price has fallen sharply even as gold and silver have climbed, though analysts are divided over whether bitcoin will catch up.

“Quite why silver and gold are surging when bitcoin is struggling is another matter," AJ Bell investment director Russ Mould said in emailed comments.

“Adherents of cryptocurrencies argue they are every bit as much a haven asset as precious metals, and thus an equally effective source of protection against debt accumulation and currency debasement, thanks to how their supply is finite, at least when it comes to bitcoin. But crypto’s performance as an asset class generally seems to be more ‘risk on’ than ‘risk off’ and bitcoin’s latest bout of marked weakness is coinciding with a pause in U.S. equities’ relentless march higher and the first signs of some doubts over AI stocks and whether their valuations and spending plans can be truly justified.”

The LINK price prediction December 2025 is the main topic this week with December just starting, but the attention is huge as Chainlink enters one of its most eventful weeks of the year. With exchange supplies hitting 2020 lows, whale accumulation intensifying, and the first-ever LINK ETF going live, market sentiment is shifting rapidly. As a result, many are closely tracking short-term resistances that could trigger a significant move.

LINK ETF Launch Drives Institutional AttentionIn a recent breaking news, the Grayscale announcement is the trigger for this excitement. As they confirmed that its Grayscale Chainlink Trust ETF (Ticker: GLNK) will begin trading on NYSE Arca, marking the first spot Chainlink ETF available to investors. 

This development is viewed as remarkably promising right now, as the LINK ecosystem is currently regarded as the top blue-chip crypto project, which is key for consistent future growth in blockchain technology. This places LINK crypto into a broader institutional spotlight while offering traditional market participants direct exposure to LINK price USD movements.

Moreover, Eric Balchunas confirmed this news, reinforcing expectations that the product’s launch could influence demand during December. As LINK price today hovers near key liquidity levels, traders view the ETF debut as a potential catalyst for renewed volatility.

Exchange Supply Plunges to 2020 LevelsIn parallel, on-chain data indicate that LINK supply on exchanges has decreased to levels last observed in 2020. which clearly highlights the accumulation going on alongside the panic selling.

That means once the noise settles, strong fundamental projects are going to roar massively on charts. Historically, it’s evident such declines have, for the most part, been preceded by strong upside swings. 

Meanwhile, this exchange activity gained credibility when it was noticed that a prominent whale has accumulated 2.33 million LINK worth $38.86 million over the past six months from OKX and Binance. Despite holding an unrealized loss of more than $10.5 million, the wallet continues to add to its position, reinforcing strong conviction in the long-term LINK price forecast. 

At the same time, derivatives data shows that the liquidation clusters show the strongest short interest near $13.94, forming a magnetic level for price action. If LINK reclaims this zone, the next objective sits at $14.87. Breaking both thresholds could trigger a “massive short squeeze,” potentially clearing more than $60 million in short positions accumulated over 30 days.

Adoption Metrics Hit All-Time Highs Ahead of DecemberChainlink’s ecosystem fundamentals continue to expand with notable acceleration. The Chainlink Reserve, funded through on-chain and off-chain revenue, has amazingly climbed to 973,753 LINK, showing ongoing growth and now only 27K more LINK tokens to hit 1 Million LINK tokens strategic reserve.

Furthermore, Chainlink’s adoption metrics reached all-time highs as of November 2025. Transaction Value Enabled (TVE) has hit $27.09 trillion, its not any ordinary number it means this is the cumulative amount of transactions facilitated by Chainlink oracles.

Additionally, Total Verified Messages (TVM) hit ATH too and reached 18.87 billion.

These figures underscore the network’s expanding role across smart contract operations, strengthening the argument for sustained upward pressure in the LINK price prediction December 2025.

Technical Outlook for December: Key Levels to WatchThe December outlook remains tied to short-term resistance structures. The LINK/USD $13.94 level remains the primary liquidity cluster, where heavy short leverage is concentrated. Clearing this point would set the stage for a move toward $14.87.

If the market absorbs both resistance zones, the conditions for a significant short squeeze emerge, which aligns with broader ETF-driven sentiment and on-chain metrics heading into the month. The December trajectory as highlighted in the LINK price prediction December 2025 narrative will depend entirely on how price reacts to these critical liquidity pockets.

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Vanguard, the world’s second-largest asset manager, is set to allow its clients to start trading crypto-focused exchange-traded funds (ETFs) and mutual funds on its platform, abandoning its previous anti-crypto stance that had kept digital-asset offerings off its shelves for years.

Starting Tuesday, Vanguard will allow trading in funds that hold cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, and Solana (SOL), similar to how the firm treats gold, according to a Monday report from Bloomberg.

“Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” Andrew Kadjeski, Vanguard’s head of brokerage and investments, told Bloomberg. “The administrative processes to service these types of funds have matured; and investor preferences continue to evolve.”

Notably, funds linked to memecoins or those not supported by the U.S. Securities and Exchange Commission (SEC) will remain barred. Moreover, Vanguard has no immediate plans to create its own crypto products.

The pivot provides more than 50 million Vanguard brokerage customers with access to regulated crypto funds, including those from rival asset manager BlackRock.

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Nearly a dozen spot Bitcoin ETFs that launched early last year attracted impressive inflows, pushing their combined assets to nearly $120 billion, while ETH products grew to around $20 billion, per SoSoValue data.

Still, Vanguard astutely indicated that it would steer clear of such crypto-related investment products, citing volatility and the speculative nature of assets. As recently as August 2024, iShares veteran and current CEO Salim Ramji had ruled out any plans to offer crypto ETFs.

According to Bloomberg, the Wall Street behemoth’s decision to embrace crypto assets is a response to strong demand from retail and institutional clients despite a sharp market pullback.

Major Policy Shift To Open Crypto Floodgates
Some crypto commentators believe Vanguard’s change of heart could lead to a deluge of crypto ETF customers and act as a catalyst for crypto prices. Vanguard is second only to BlackRock as an asset manager, with roughly $11 trillion in global assets under management.

Crypto strategist Nilesh Rohilla noted on X that he would be shocked if the BTC price doesn’t “jump 5% in this news in the next 24 hrs.”

Vivek Sen, the founder of Bitcoin public relations company Bitgrow Lab, also forecasted that there are “trillions incoming.” 

Meanwhile, X user BankXRP observed: “This is another massive signal that traditional finance is fully stepping into digital assets. The wall of money is lining up.”

While BTC has rebounded above $87,000 after a harsh selloff, analysts say liquidity has returned without momentum.

XRP price has formed a bullish cross on its weekly Stochastic RSI, creating a bullish sign for the cryptocurrency at a time when its price has been struggling to break away from the $2 region. The cryptocurrency has spent the past several days moving into a downturn, and buyers will now be looking to defend $2.

Even though momentum has been limited, new inflows from recently launched XRP ETFs have kept sentiment from turning full-on bearish. 

XRP Stochastic RSI Undergoes Bullish Weekly Cross
According to crypto analyst ChartNerd, XRP has just printed a bullish cross on its weekly Stochastic RSI while still sitting deep in oversold territory. The chart he shared highlights how the blue %K line has curved upward and crossed above the orange %D line at one of the lowest points of the cycle. 

With this move, the indicator has now repeated a structure that previously marked major turning points during XRP’s past market swings. Oversold weekly conditions paired with a confirmed cross are useful in predicting the early stages of trend reversals, especially when they occur after extended downside momentum. 

ChartNerd pointed out that this same configuration appeared twice recently, first in 2024 and again in 2025, and both instances produced powerful rallies. The 2024 cross preceded a surge of more than 600%, at which point the XRP price went from trading around $0.5 to trading above $3. 

Source: Chart from ChartNerd on X
The mid-2025 cross delivered a smaller yet still significant 130% run, at which point the XRP price went from hovering around $2.1 to breaking new all-time highs above $3.6 in July. 

As shown in the chart below, these earlier crosses are marked at similar low points, forming a repeating rhythm of sharp recoveries whenever the weekly Stochastic RSI resets and turns up. The current setup is in the same zone, and this opens up speculation that XRP’s price action may be forming the base of its next major upward leg.

Is Another Major XRP Pump Approaching?
Although past performance does not dictate what happens next, the indicator’s consistency on the weekly timeframe is difficult to ignore. XRP’s price is again positioned inside a compressed region just as it was before its previous large rallies. This time, the price zone to take note of is around $2.

If buyers regain strength and the wider crypto market conditions improve, most notably Bitcoin climbing back above $100,000, then the probability of a stronger XRP reaction increases. The only thing going well right now for XRP is the inflows into US-based Spot XRP ETFs, with $89.65 million worth of new institutional funds coming in on December 1.

A rally similar to the 130% rebound seen during the previous cycle would lift XRP from $2 to about $4.60. A repeat of the much larger 600% surge would place the token above $14. This creates a potential range between $4.60 and $14 if the pattern repeats itself.

XRP trading at $2.0 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Freepik, chart from Tradingview.com

Bitcoin’s monthly MACD turns bearish as BOJ tightening risks, strong dollar and ETF outflows hit liquidity, triggering liquidations and raising odds of a deeper crypto downturn.

Summary

Bitcoin’s monthly MACD histogram printed a fresh negative bar, repeating patterns that previously preceded extended market downturns since 2012.​
A macro shock from rising Japanese yields, strong dollar and higher funding costs triggered a thin‑liquidity sell-off and heavy leveraged liquidations.​
Ethereum shows a death cross and weakening structure, reinforcing the case for broader crypto weakness if Bitcoin loses its key trendline supports.

Bitcoin’s monthly Moving Average Convergence Divergence (MACD) indicator has turned bearish, marking a technical shift that has historically preceded extended downturns in the cryptocurrency market, according to technical analysis data.

The monthly MACD for Bitcoin (BTC) has remained bearish since 2022. In November, the MACD histogram printed its first negative red bar, and the cryptocurrency declined significantly that month, according to market data. Previous instances of similar monthly momentum shifts in prior cycles were followed by extended downturns and sharp declines from earlier peaks.

Leveraged traders experienced heavy liquidations in the past day, and data showed substantial liquidity positioned above current prices, according to trading platform reports. Market analysts have stated that a potential short squeeze could be significant as bearish positioning reaches extreme levels.

Bitcoin downtrend could coincide with spike in Japanese bond yields
The decline coincided with a spike in Japanese bond yields, increasing the likelihood of tighter Bank of Japan monetary policy. Rising funding costs have forced a global repricing of risk assets, with high-volatility assets such as Bitcoin responding to the shift. The sell-off occurred during a thinly traded overnight period, when order books were thin and market makers operated at reduced volume.

With exchange-traded fund flows absent during the overnight session, a macro trigger pushed the market through several support levels, triggering exchange-wide stop-loss orders and forced liquidations of leveraged positions, according to market observers. Futures on precious metals rose as the cryptocurrency fell, with safe-haven assets receiving inflows as carry-trade pressures intensified.

The monthly bearish MACD crossover has occurred during major market cycles since 2012, with extended troughs following similar signals, according to historical data. The indicator measures momentum shifts between short- and long-term price averages, with a negative reading indicating a potential reversal from bullish to bearish trend.

Current macroeconomic conditions include fiscal pressure in Japan, sustained strength in the U.S. dollar, elevated Treasury yields, and recent outflows from spot Bitcoin ETFs, factors that analysts say increase the risk of further volatility.

From a technical perspective, the first support level sits near the trendline defined by higher lows established over the past year, according to technical analysts. A break below that trendline would expose prior lows dating back to last spring and earlier price peaks.

Ethereum (ETH) has also shown weakening technical indicators, with a death cross pattern in place as its shorter moving average fell below the longer-term moving average. The combination of Bitcoin’s MACD signal and Ethereum’s technical weakness points to broader weakness across cryptocurrency markets, according to market analysts.

18 minutes ago

Bitcoin velocity RSI produced a rare bear market bottom signal as BTC price losses sparked a return to extreme "oversold" conditions.

Bitcoin (BTC) is printing a key bear market bottom signal at $87,000 as analysis says that BTC price history may repeat.

Key points:

Bitcoin’s velocity RSI metric returns to levels seen only around bear market bottoms.

BTC price action could thus be performing a “major cyclical reset,” says analysis.

The crypto long/short ratio breaks a lifetime habit as Bitcoin tumbles.

Velocity RSI sees BTC price bottom in progressIn an X post on Tuesday, analyst On-Chain Mind flagged rare single-digit readings on Bitcoin’s velocity relative strength index (RSI) indicator.

Bitcoin bear market comparisons have come thick and fast in recent weeks, but now, a leading BTC price indicator demands a market bottom.

Velocity RSI, which takes into account recent price momentum changes, has now dived below 10/100 to hit some of its most “oversold” levels ever.

“The Velocity RSI on the 3-day chart has just hit its lowest reading since the bottoms of the last 3 bear markets,” On-Chain Mind said.

An accompanying chart showed similar chart setups at the end of Bitcoin’s 2018 bear market, as well as midway through 2022, around six months before the most recent true bear market found its long-term floor.

“It’s one of the more reliable, widely tracked momentum exhaustion indicators, and it’s now flashing a level we only see at major cyclical resets,” On-Chain Mind added.

“An interesting technical signal worth paying attention to.” BTC/USD three-day chart with Velocity RSI data. Source: On-Chain Mind/XBitcoin long/short ratio enters unknown territoryDepending on the perspective, current BTC price behavior stands out from past bearish phases.

Not all classic price metrics have reacted the same to the latest events, and these now include Bitcoin’s long/short ratio.

Joao Wedson, founder and CEO of crypto analytics platform Alphractal, noticed an unusual phenomenon playing out this week. 

“Over the years, we’ve identified several strong Alpha signals in the crypto market. One of the most reliable has always been this: when Bitcoin’s Long/Short Ratio rises above the average of major altcoins, it historically points to a price bottom forming. But this time something different happened,” he told X followers.

“For the first time ever, BTC kept this ratio at extremely elevated levels for an unusually long period — and yet we saw false bottom signals throughout November, while the price continued to drop.” Crypto long/short ratio data. Source: Joao Wedson/XWedson explained that the implications of this could hurt bulls. Traders being overly eager to long BTC while attempting to catch a falling knife may incentivize large-volume players to liquidate them by driving the price down further.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Yearn Finance has started the recovery process for funds that were stolen when a $9 million exploit hit its yETH stableswap pool on November 30. The DeFi protocol announced it successfully clawed back $2.39 million worth of assets, which are to be returned to affected depositors.