Hyperliquid (HYPE) price has signaled a potential market reversal. The large-cap altcoin, with a fully diluted valuation of about $33 billion, has appealed to more crypto traders as observed by its elevated 24-hour volume of about $457 million.
Amid the extreme fear of crypto selloff, as revealed by CoinMarketCap’s Fear and Greed Index, which hovered around 16/100, HYPE price surged over 10% today to trade at about $33 at press time.
Major Reasons Why HYPE is Poised for a Pump to ATH SoonInstitutional demand led by DATsOn December 2, 2025, Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) announced that its shareholders have approved a merger with Hyperliquid Strategies. According to Arkham, the duo intends to establish a Digital Asset Treasury (DAT) for HYPE.
At press time, the dual has $888 million committed, whereby 65% has been committed in HYPE tokens and around 35% committed in USD. The two companies are following in the footsteps of Michael Saylor’s Strategy, which has accumulated more than 650k Bitcoin (BTC).
The global mainstream adoption of HYPE, led by institutional investors, will ultimately push altcoin towards its all-time high in the near future.
Technical rebound fueled by mainstream adoption of decentralized perpetual trading In the daily timeframe, HYPE/USD price has formed a potential reversal pattern. After a bullish rebound from the support level around $29.5, HYPE price has formed a potential double bottom, coupled with a bullish divergence of the daily Relative Strength Index (RSI).
Source: TradingView
The midterm bullish outlook for HYPE is fueled by the mainstream adoption of perpetual trading by retail traders. Almost all top crypto exchanges, led by Binance and Bitso, have explored the development of onchain perp trading.
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Former SEC chair Gary Gensler said that investors should be aware of the risks of investing in a 'speculative, volatile' asset like crypto even as it becomes more accepted in the mainstream and by Trump White House.
Ethereum (ETH +8.09%) is up 10.1% in the last 24 hours as of 3:34 p.m. ET on Tuesday. The jump comes as the S&P 500 notched up 0.4% and the Nasdaq Composite gained 0.7%.
Ethereum reversed yesterday's decline after Federal Reserve Vice Chair Michelle Bowman told legislators that the Fed will work to create a framework for stablecoins within the banking system.
Today's Change
(
8.09
%) $
223.33
Current Price
$
2985.16
New stablecoin rules are coming
On Monday, Bowman addressed the House Financial Services Committee, telling committee members that she would work with fellow regulators to "encourage innovation in a responsible manner," and that stablecoins could help create a more efficient banking system, but that it was her responsibility to ensure their use doesn't disrupt the "safety and soundness" of the financial system.
The banking industry's adoption of stablecoins could massively accelerate their use across the economy, which in turn would put upward pressure on Ethereum's value.
Image source: Getty Images.
Ethereum also received a boost from Vanguard, the world's second-largest asset manager. The company announced that investors can now trade Ethereum, Bitcoin, and other cryptocurrency ETFs on its brokerage platform.
It's a bumpy road ahead
While stablecoins could find a substantial footing within banking, I think the current decline in crypto prices will continue for some time and could get much worse before it gets better. But for more risk-tolerant investors with a long investment horizon, Ethereum is a solid pick.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.
2025-12-02 21:213d ago
2025-12-02 16:003d ago
Bitcoin Vs. Gold Metric Flashes Rare Signal Not Seen in Market History – See How
A key long-term indicator comparing Bitcoin to gold has just triggered a signal not seen before in market history. Analysts say such extreme compression typically precedes violent directional moves, and the fact that it’s happening at the intersection of two global safe-haven assets makes the setup even more significant. With BTC outperforming gold for over a decade, this rare signal suggests that the next phase of the BTC vs Gold battle could rewrite long-term market expectations.
What Happens After A Historic Squeeze?
The Bitcoin versus Gold monthly Bollinger Bands are expanding from the tightest reading in history. A chartered market technician and Bitcoin trader, Tony “The Bull” Severino, revealed on X that the price is currently sitting at the lower Bollinger band, and a decisive close below will trigger a sell signal as the bands expand from a squeeze setup.
According to TonyTheBullCMT, this setup creates the potential for a significant trending-down move, which is the first major downtrend on the BTC against Gold chart. This might look the same against the USD, so don’t expect it to translate 1:1 there. However, it is becoming increasingly clear that Gold looks ready to overshadow BTC. If BTC is at % billion in the middle and falling into that lower greenish section, it won’t be a good sign for BTC in this ratio.
BTC Vs Gold rare signal unfolds | Source: Chart from Tony Severino on X
The weekly Bollinger Bands on this pair were the tightest ever in history, and since they began to expand, BTC dropped over 25% in a couple of weeks. Meanwhile, the monthly signal is at least 4x stronger.
Bitcoin has been in a brutal downtrend throughout the year. Crypto analyst Zynx has pointed out that BTC is now sitting almost 50% below its all-time high against Gold, and the ratio shows that the crypto king has effectively been in a bear market for an entire year of 2025.
Over the last 12 months, BTC has been down 45% against Gold. At this point, it would need to rally 99% to surpass its previous all-time high against Gold, which shows that BTC must hit around $170,000 before it can begin to claim a true bull market.
Bitcoin And Gold Ratio Hits A Statistical Low Rarely Reached
Bitcoin has reached one of its rarest valuation points relative to gold in more than a decade. An analyst and founder of GREEND0TS, Stacy Muur, highlighted that the BTC/Gold ratio has just dropped below the statistical lower boundary of a 15-year power-law model.
Interestingly, BTC has breached this level only once before in late 2017 and snapped back within weeks. Historically, when BTC gets this incredibly cheap compared to Gold, it doesn’t stay cheap against Gold for long. This is not a timing signal; rather, it is a rare statistical anomaly worth watching.
BTC trading at $87,157 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pngtree, chart from Tradingview.com
2025-12-02 21:213d ago
2025-12-02 16:003d ago
Burry warns Bitcoin's six-figure surge reflects a speculative bubble detached from value
Michael Burry has intensified his longstanding criticism of Bitcoin, claiming that the cryptocurrency's rise to six-figure levels is a sign of a speculative bubble not tied to any quantifiable fact.
2025-12-02 21:213d ago
2025-12-02 16:003d ago
Why Dogecoin shows early recovery signs despite DOGE's 49% slump
Dogecoin’s price performance in recent weeks has been uninspiring. In an altcoin market that has been suffering heavy losses, the memecoin sector was one of the worst-performing.
The total altcoin market cap (excluding Ethereum) has shrunk 28.46% within the past two months. The memecoin market cap has fallen by 50% in the same period.
Dogecoin [DOGE] was also down by 49%. This deep price drop has led to analysts pointing out how the next DOGE run could blindside the market.
Source: X
Perhaps the cup and handle pattern would come to fruition. The performance over the past year did not match previous cycles. This has led to calls that a similarly-sized rally is yet to occur.
Do the onchain metrics agree? Is there enough demand to spark a recovery?
Dissecting investor confidence in DOGE
For the first time in over a month, the Hodler Net Position Change metric turned green.
That shift showed long-term investors accumulated DOGE again. Red bars through most of November reflected profit-taking and exits.
During this time, whale buy orders in Spot markets have also increased.
The Spot Average Order Size metric showed whale order numbers were rising, especially over the past two weeks. This agreed with the idea of accumulation.
Supply pressure still weighed
However, it should be remembered that Dogecoin was in a strong downtrend.
The Percent Supply in Profit dropped to just 40.7% at the time of writing. This was lower than it had been in April.
Therefore, any price bounce would likely be met with high selling pressure from holders at a loss, trying to exit at or near breakeven.
Speculative participation also weakened. Open Interest continued to decline and remained below April’s market-bottom levels.
That signaled fear dominated derivatives traders and that few were willing to take aggressive long positions.
Final Thoughts
The Dogecoin drawdown to the support level from April, at $0.13, has led to some calls of a renewed DOGE rally.
Onchain metrics showed that speculative interest and supply in profit were significantly down, indicative of bearish market sentiment.
Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories.
His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity.
Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution.
As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.
2025-12-02 21:213d ago
2025-12-02 16:033d ago
Grayscale: Bitcoin slide is ‘typical,' sees new highs in 2026
Bitcoin’s latest 30% slide hasn’t rattled Grayscale Research, which argues that the decline mirrors historical patterns and is unlikely to mark the beginning of a prolonged downturn.
Summary
Grayscale Research says Bitcoin’s recent 30% pullback is normal for a bull market and does not signal the start of a deep, multi-year downturn.
Privacy-focused tokens outperformed in November, while new XRP and Dogecoin exchange-traded products hit the market amid expanding U.S. crypto ETP offerings.
Fed rate cuts and bipartisan crypto legislation could lift crypto markets into 2026, even as valuations lag improving fundamentals.
In a new report, published Dec. 1, the asset manager said it expects Bitcoin (BTC) to notch new highs next year despite mixed short-term indicators potentially.
The pullback — the ninth meaningful drop since the current bull market began — fits squarely within Bitcoin’s typical market behavior. Since 2010, the cryptocurrency has suffered roughly 50 drawdowns of 10% or more, with an average peak-to-trough decline of about 30%
“Bitcoin investors have been rewarded for HODL-ing, but they’ve had to endure tough drawdowns along the way,” the firm wrote. The latest decline, which began in early October and extended through November, bottomed out at 32%.
Today, Bitcoin is up over 6% and trading in the $90,000 range. See below:
Source: CoinGecko
Grayscale rejects ‘four-year cycle’ doom scenario
While Bitcoin’s halving cycle has historically aligned with multi-year price patterns, Grayscale pushed back against the widespread belief that the market is due for a 2026 downturn. The firm said this cycle looks markedly different: no parabolic blow-off top, more institutional participation via exchange-traded products and digital asset treasuries, and a supportive macro backdrop.
The company also sees signs that a short-term bottom may be forming, pointing to heavily skewed put options and digital asset treasuries trading at discounts to their net asset values — indicators of reduced speculative excess.
Privacy tokens shine as AI sector slumps
Outside Bitcoin, crypto markets split sharply by sector in November. Privacy coins, like Zcash and Monero, led the gains. Whether that will last remains to be seen.
Zcash price plunged 24% on Tuesday, with analysts warning of further downside but noting that long-term charts and the privacy thesis remain intact.
Ethereum-related privacy initiatives also accelerated: Vitalik Buterin introduced a new privacy framework at Devcon, and Aztec launched its Ignition Chain.
By contrast, Grayscale’s Artificial Intelligence Crypto Sector plunged 25% despite growing adoption of some AI-linked technologies.
Near Protocol’s (NEAR) “Intents” product — which automates cross-chain transactions and has boosted the utility of Zcash — saw sharply rising traction. Coinbase’s new x402 open payments protocol also gained momentum, jumping from 50,000 to more than 2 million daily transactions in November.
The crypto exchange-traded product landscape expanded further in November as the first XRP and Dogecoin ETPs began trading after U.S. regulators approved new generic listing standards.
Lower rates, bipartisan legislation could fuel 2026 rally
Grayscale said macro conditions could provide meaningful tailwinds into year-end. A potential interest-rate cut at the Federal Reserve’s Dec. 10 meeting — and hints of additional easing next year — could weaken the U.S. dollar and boost demand for assets like Bitcoin and gold.
Reports that National Economic Council Director Kevin Hassett is the leading candidate to replace Fed Chair Jerome Powell also reinforce expectations for lower rates. Hassett previously called the Fed’s September rate cut “a good first step” toward “much lower rates.”
Another possible catalyst: continued bipartisan progress on crypto market-structure legislation in Congress. The Senate Agriculture Committee released a bipartisan draft bill in November. If crypto avoids becoming a wedge issue ahead of the 2026 midterms, the legislation could reshape institutional participation.
Despite short-term volatility, Grayscale maintains that the most significant returns will favor long-term holders. “Eventually fundamentals and valuations will converge,” the firm wrote, “and we are optimistic about the outlook into year-end and 2026.”
2025-12-02 21:213d ago
2025-12-02 16:043d ago
Elon Musk's X Money searches for ‘payments platform' tech lead and Solana is eager to help
Ethereum will activate the Fusaka upgrade tomorrow, which increases rollup capacity, doubles the block gas limit, and adds native support for passkey-style signatures.
PeerDAS (EIP-7694) allows nodes to verify blob data through sampling, removing bottlenecks and potentially increasing blob throughput by nearly ten times over time.
The upgrade includes security and developer-focused EIPs (7823, 7825, 7883, 7934, 7939, 7917, 7951) and will be rolled out gradually.
Ethereum will activate its Fusaka upgrade tomorrow, the most significant since blobs were introduced in March 2024. The update aims to boost rollup capacity, improve the gas market, and add native passkey-style signature support, enabling the network to process more transactions without proportional fee increases.
The Most Significant Upgrade Since the Introduction of Blobs
The core change centers on PeerDAS, defined in EIP-7694, which lets nodes verify blob data existence by sampling small fragments rather than downloading the entire blob. This eliminates a scalability bottleneck introduced by EIP-4844 and opens the possibility of increasing blob throughput nearly tenfold over time.
Fusaka also doubles the block gas limit from 30 million to 60 million, providing more room for standard transactions and blob processing. Additionally, two follow-up forks, BPO1 on December 9 and BPO2 on January 7, will adjust blob parameters without additional code changes, further expanding capacity.
The blob fee market will be restructured via EIP-7918, which links the minimum blob base fee to execution gas. This prevents blob prices from collapsing while L1 gas remains high, keeping the data-availability market economically rational even amid usage fluctuations.
Security and Network Predictability Enhancements
Ethereum will implement several additional EIPs to strengthen network security and predictability. EIPs 7823, 7825, 7883, and 7934 limit ModExp input sizes, raise its gas cost, impose a transaction gas limit, and enforce an RLP block size cap, reducing attack surfaces and making worst-case client workloads more predictable.
For developers, EIP-7939 adds a leading-zeros opcode, facilitating bitwise operations, integer logarithms, and randomness generation. EIP-7917 establishes a deterministic block-proposer schedule, improving coordination for MEV relays and staking operators. EIP-7951 introduces a native precompile for the secp256r1 curve, used by Apple Secure Enclave, Android Keystore, and WebAuthn, enabling biometric authentication without bridges or external circuits.
Ethereum will roll out the upgrade gradually: Fusaka activates on December 3, BPO1 six days later, and BPO2 on January 7. There are no changes to staking incentives or consensus; all modifications target execution-layer throughput, gas mechanics, and developer primitives.
Ethereum Climbs 10% Ahead of Fusaka
With Fusaka, Ethereum is set to handle increased rollup activity without proportional fee increases while providing new tools for on-chain computation and user experience.
At the time of writing, Ethereum (ETH) trades at $3,024, up over 10% in the previous session. However, its volume is down 18% compared to yesterday, though it still exceeds $27.5 billion. Market reactions to Fusaka will become clearer tomorrow and in the following days
2025-12-02 21:213d ago
2025-12-02 16:063d ago
The World's Second Biggest Bank Recommends Up To 4% Bitcoin Allocation In Portfolios
Bank of America, the second-largest bank in the world by market cap, has become the latest Wall Street titan to join the crypto rush. The bank says wealth clients should consider allocating up to 4% of their portfolios to crypto.
Bank Of America Opens Its Doors To Bitcoin
Beginning Jan. 5, 2026, the bank’s wealth management advisors will be allowed to recommend a 1%-4% allocation to cryptocurrencies through the Merrill, Bank of America Private Bank, and Merrill Edge platforms, according to a report from Yahoo Finance.
Bank of America’s chief investment office will also begin coverage of four Bitcoin ETFs — BlackRock’s iShares Bitcoin Trust (IBIT), Bitwise’s BITB, Fidelity’s FBTC, and Grayscale’s Bitcoin Mini Trust (BTC).
“For investors with a strong interest in thematic innovation and comfort with elevated volatility, a modest allocation of 1% to 4% in digital assets could be appropriate,” Chris Hyzy, chief investment officer at Bank of America Private Bank, said in a statement. “The lower end of this range may be more appropriate for those with a conservative risk profile, while the higher end may suit investors with greater tolerance for overall portfolio risk,” Hyzy added.
The development reverses Bank of America’s prior policy, which barred advisers from endorsing crypto unless a client explicitly requested access. That restriction effectively sidelined over 15,000 advisers during a period when institutional interest in regulated digital asset products was soaring.
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It comes a day after Vanguard, the world’s second-largest asset management company, approved crypto ETF trading for its clients, marking a U-turn from its previous stance on digital asset ETFs.
For many in the crypto industry, that major financial institutions such as Bank of America and Vanguard allow their clients to dabble in crypto is a sign of how far the nascent asset class has come since the days when certain banking execs labeled it a “fraud.”
BlackRock Helped Create Bitcoin Allocation Blueprint
Notably, BlackRock was the first renowned Wall Street institution to advise interested investors to allocate as much as 2% of their portfolio to Bitcoin, the world’s oldest and largest cryptocurrency.
Back in June, asset management firm Fidelity also backed a 2% to 5% Bitcoin allocation, which was small enough to minimize the risk of a BTC crash, but big enough to enjoy any upside from the asset’s inflationary hedge.
Morgan Stanley then issued a 2%–4% recommendation for “opportunistic portfolios” in October.
2025-12-02 21:213d ago
2025-12-02 16:063d ago
Inside Vitalik's 256 ETH grants: When Ethereum falls, privacy rises
Vitalik Buterin recently sent a 256 ETH grant to two messaging projects, Session and SimpleX Chat, without the usual ecosystem fanfare.
The gesture was modest in size but pointed in intent, because both applications occupy a part of the internet that rarely gets real support: metadata-resistant communication.
Their designs tackle the parts of digital messaging that encryption alone cannot protect, the structural details that reveal who is speaking, how often, and across which networks.
Buterin’s donation draws attention to this area with unusual clarity, highlighting two projects built to reduce the information that modern platforms routinely broadcast by default.
Session and SimpleX don’t rely on Ethereum, don’t use accounts tied to a blockchain, and don’t integrate with any on-chain system. They are standalone pieces of privacy engineering. What Buterin funded, based on what is publicly documented, is simply the development of two messaging systems built around stronger defaults.
That narrow scope is what makes the donation interesting, because these two projects approach privacy from angles that most mainstream apps avoid: routing design and identity design.
The two apps that actually received fundingSession: a metadata-hardened routing system built around onion paths and pseudonymous keysThe Session whitepaper outlines a messaging network structured around public-key identities and a relay system designed to obscure the relationship between sender and recipient. Every user is represented by a keypair rather than a phone number or email address, and every message travels through a multi-hop onion-routing path that splits awareness across several nodes so that no single relay can observe both ends of a conversation.
To reduce exposure further, messages are stored among decentralized clusters of nodes known as “swarms,” which hold encrypted messages temporarily so users do not have to be online at the same time. Swarms store ciphertext without knowing what it contains, and the routing layer intentionally fragments the information available to each relay.
The network also incorporates a staking requirement for node operators, a Sybil-resistance measure that raises the cost of creating large fleets of malicious relays. The protocol described in the whitepaper emphasizes metadata as a first-order privacy risk, framing its routing and storage choices around limiting what intermediaries can learn. The effect is a system where communication leaves a significantly smaller observable footprint than conventional centralized messaging, even when content encryption is taken for granted.
SimpleX: a messaging model that avoids user identifiers entirelySimpleX takes a different approach, documented in its protocol specification: instead of trying to hide metadata behind complex routing, it minimizes metadata by eliminating persistent user identifiers altogether. The network doesn’t assign usernames, numbers, or any form of stable ID. Users connect through one-time invitations or QR codes, and each relationship is handled as its own cryptographic channel with unique keys, isolated from all others.
Messages are relayed through SimpleX servers that act as transport mechanisms rather than identity hubs. Servers see packets but lack any information that links them to a user or conversation graph. All state (contacts, channels, and message history) is stored locally on the user’s device. Relationship discovery happens between endpoints, not on a server.
Because the protocol has no global notion of identity, the usual metadata surfaces evaporate. There is nothing for a server to correlate, nothing to harvest, and nothing that reveals the structure of a user’s social network. Where Session builds a hardened routing pipeline, SimpleX creates a communication model where the network has almost nothing to observe in the first place.
Together, these designs represent two interpretations of privacy engineering grounded in the specifics of each protocol rather than in marketing slogans.
Why this grant matters, even with its limited scopeThe size of the donation is far smaller than most funding rounds in crypto, but the signal it sends is clearer than many larger initiatives. Communication tools occupy a strange position in digital infrastructure: everyone relies on them, yet most applications treat privacy as a layer that can be added later, rather than a property that must be engineered from the foundation upward. Session’s routing design and SimpleX’s identifier-free model both start from the opposite end of the spectrum.
Ethereum’s ecosystem has spent years wrestling with questions around privacy, scalability, and user experience, but blockchains are inherently poor at protecting communication patterns. The default behavior of global broadcast doesn’t translate well into private conversations, nor is it meant to. Messaging systems built for privacy have to design around a different set of threats, which is exactly what these two projects do.
By directing funds toward these two projects, Buterin is acknowledging that private communication is a prerequisite for a healthier internet, even if that communication happens entirely outside Ethereum. Nothing in the whitepapers or repositories suggests integration with wallets, smart contracts, or decentralized applications: the protocols stand alone. But privacy tools don’t need to be blockchain-native to matter to a blockchain ecosystem, because users who interact with on-chain systems still live most of their digital lives off-chain.
The donation arrives during a quieter phase of the market, when the absence of hype makes it easier to see which parts of digital infrastructure deserve attention. These apps are open-source, rely on distributed volunteer or community-run infrastructure, and benefit directly from marginal increases in funding, which makes a relatively small grant meaningful.
Privacy as an architectural starting pointVitalik Buterin’s 256 ETH donation doesn’t outline the future of Ethereum, and it’s not a roadmap for on-chain privacy. What it does is highlight two systems that take privacy seriously at the protocol level, each addressing a different aspect of the metadata problem that dominates modern communication. Session focuses on reducing what routing nodes can infer, while SimpleX avoids building identifiers that can be inferred in the first place.
These approaches are grounded in their respective whitepapers and stand as concrete examples of what privacy engineering looks like when it begins at the base layer rather than as an optional feature. If the future of the internet requires stronger guarantees about who sees what, and when, these are the kinds of systems that will need support, even if they never touch a blockchain.
Mentioned in this article
2025-12-02 21:213d ago
2025-12-02 16:073d ago
Zcash Crashes: From $700 Peak to $316 in Two Weeks
The privacy coin zcash has experienced a sharp price collapse, tumbling to $316 on Dec. 2 and falling over 30% since Nov. 26. Technical analysis remains bearish, with one analyst projecting the coin to continue its decline toward a support range of $297-$311 before any potential reversal.
2025-12-02 21:213d ago
2025-12-02 16:083d ago
Chainlink Gears Up For Fresh Boost As US's First-Ever Spot LINK ETF Debuts On NYSE
The first U.S.-listed exchange-traded fund tracking the value of Chainlink’s native token, LINK, went live on the New York Stock Exchange on Tuesday. The launch sent the LINK price soaring by double digits as investors celebrated the development.
First Spot LINK ETF Enters US Market
Grayscale Investments listed its Grayscale Chainlink Trust ETF with the ticker symbol GLNK on NYSE Arca, a subsidiary of the NYSE Group.
The ETF gives investors regulated access to Chainlink via traditional brokerage accounts. It’s the first ETF in the United States tracking LINK, and it is under the Investment Company Act of 1940.
Chainlink operates as an oracle network that connects blockchains to external data and is widely adopted by national governments, leading decentralized finance protocols, and top financial institutions.
“Chainlink’s decentralized oracle network is setting the market standard for verifiable data and cross-chain connectivity that underpins tokenization and DeFi across public blockchains,” Inkoo Kang, the senior vice president of ETFs at Grayscale, posited in a statement. “With GLNK, investors can gain exposure to this foundational infrastructure in the familiar ETP wrapper.”
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Like several other of the asset manager’s ETFs, the Grayscale Chainlink Trust will be a conversion of the firm’s existing private placement LINK trust into an ETF structure, five years after it was established in 2020.
Pro-crypto SEC Chairman Paul Atkins, taking the helm this year, has seen the floodgates open for crypto-focused ETFs in the US, with funds tied to assets like Solana, Ripple’s XRP, and Dogecoin all getting approved for trading.
Bitwise is another issuer that has a spot Chainlink ETF in the works.
LINK is currently the 19th-largest crypto by market cap, according to CoinGecko data. The token rose 12.5% over the last 24 hours on the ETF news, trading hands at $13.39 as of press time. LINK, however, remains 74.6% away from its historic all-time high of $52.70, which was set back in May 2021.
2025-12-02 21:213d ago
2025-12-02 16:103d ago
Bitcoin Dipped Below 'Fair Value' for First Time in 2 Years, History Says 132% Gains Next 12 Months
Network reset complete: leverage flushed, LTHs accumulating and price back above fair value. Dec 2, 2025, 9:10 p.m.
Bitcoin BTC$91,258.39 briefly slipped below its network value based on Metcalfe value modeling for the first time in nearly two years, according to network economist Timothy Peterson.
This is typically a signal that often marks the late stages of market resets, he said.
STORY CONTINUES BELOW
"While this does not necessarily signal a bottom, it does indicate that most leverage has been removed and the 'bubble' has deflated," Peterson said.
Metcalfe value estimates the fundamental worth of a network using activity and user-based growth, and has historically offered useful context during major cycle turns.
The dip below network value coincided with bitcoin’s steepest pullback of the cycle, a drop of about 36% that pushed the price to roughly $80,000. That move drained leverage and unwound speculative excess, which set the stage for a sharp rebound. Bitcoin has since recovered back above $90,000 as buyers stepped in and network conditions stabilized.
During the 2022 bear market, bitcoin spent the entire period trading below its Metcalfe value while activity and sentiment weakened. Since the new cycle began in early 2023, the price had remained consistently above this benchmark, supported by rising participation and renewed capital inflows. The latest correction was the first meaningful break of that trend.
Historically, periods when bitcoin trades below its Metcalfe value have delivered strong forward returns. Twelve-month performance in these conditions has been positive 96% of the time, with an average gain of 132%, compared to 75% and 68% for other periods, according to Peterson.
Tailwinds for the Network Growing In addition, long-term holder (LTH) supply has increased significantly over the past 10 days, rising by approximately 50,000 BTC. LTHs are defined as investors who have held their bitcoin for at least 155 days. This cohort has been one of the primary sources of selling pressure over the past 12 months. As coins continue to mature from short-term speculative hands and migrate into LTH wallets, and with LTHs now accumulating rather than distributing on an aggregate net basis, this reduction in sell-side pressure should serve as a meaningful tailwind for bitcoin’s price.
LTH Supply (Glassnode)
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2025-12-02 21:213d ago
2025-12-02 16:123d ago
SUI Token Surges 21% Following Coinbase New York Listing Approval
Key NotesCoinbase's New York listing triggered substantial buying momentum despite December's largest token unlock event.The rally pushed SUI above the Keltner mid-band with strong volume support indicating genuine accumulation phase.Breaking $1.92 resistance would invalidate the November downtrend and target the $2.72 pivot point from October.
SUI
SUI
$1.60
24h volatility:
20.6%
Market cap:
$5.99 B
Vol. 24h:
$1.09 B
rallied 21% on Tuesday after Coinbase exchange confirmed that New York residents can now trade the asset across its web and mobile applications. The listing announcement triggered significant buying pressure, with the token outperforming rival altcoins throughout the trading session.
The Coinbase listing’s impact proved particularly notable given its timing, arriving less than 24 hours after SUI’s $86.86 million token unlock. Despite the supply surge typically associated with bearish pressure, the New York listing accelerated upside bets on SUI on Tuesday, reversing the bearish sentiment that had built up ahead of the unlock.
Sui (SUI) is now available to New York residents on coinbase․com & in the Coinbase iOS & Android apps.
— Coinbase Markets 🛡️ (@CoinbaseMarkets) December 1, 2025
According to Cryptorank, SUI’s unlock outpaces all other upcoming releases this month. Aster follows closely with an $86.84 million unlock on Dec. 17, while LayerZero and Pump.fun are set to release $33.70 million and $31.22 million worth of tokens, respectively. Arbitrum and Aptos also feature on December’s issuance calendar, but none matched SUI’s unlock size or price movement this week.
SUI’s $86.86 million token unlock is the highest for December 2025 | Source: Cryptorank
SUI’s 21% price rebound outperformed its rival altcoins Litecoin
LTC
$82.89
24h volatility:
7.7%
Market cap:
$6.34 B
Vol. 24h:
$593.79 M
and Hedera
HBAR
$0.15
24h volatility:
8.5%
Market cap:
$6.16 B
Vol. 24h:
$203.12 M
which gained 9% respectively, while Avalanche
AVAX
$13.64
24h volatility:
7.6%
Market cap:
$5.85 B
Vol. 24h:
$532.91 M
added 8%, confirming the New York listing’s strong market impact.
SUI Price Forecast: Can Bulls Maintain Momentum Above the Keltner Mid-Band?
SUI price prodded above $1.6 in Tuesday’s breakout, pushing decisively above the Keltner mid-band for the first time in nearly three weeks. The move also pulled SUI price closer to the upper volatility band at $1.9, which now forms the next short-term resistance.
The intraday rally was supported by considerable spot purchases with the +14.6M volume delta reading its strongest positive print since early November.
The rally lifted SUI RSI to 44.41, breaking from deeply neutral territory and signaling early trend rotation rather than overextension.
SUI Technical Price Analysis | TradingView
While the descending Keltner upper-band trajectory still caps upside attempts, a decisive close above $1.92 would invalidate the November downtrend and open the path toward the next pivot point at $2.72 near the local top triggered October’s sharp decline.
On the downside, $1.32 remains the main support. It aligns with the lower Keltner boundary and served as the consolidation base through late November. Losing this level would pull SUI back into a continuation of the November sell-off, exposing the October lows at $0.56.
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.
Cryptocurrency News, News
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
Ibrahim Ajibade on LinkedIn
2025-12-02 21:213d ago
2025-12-02 16:203d ago
Ethereum smart contracts exploited by AI: GPT-5 and Claude demonstrate million-dollar vulnerabilities
AI agents are now capable of exploiting smart contracts on Ethereum and other blockchains, raising urgent questions about the economic risks of autonomous cyber capabilities.
Summary
Frontier AI models, including GPT-5 and Claude, exploited smart contracts on Ethereum and other blockchains in simulated tests.
The AI models discovered previously unknown security flaws—called zero-day vulnerabilities—in software (in this case, smart contracts on Ethereum).
Findings highlight the urgent need for proactive AI-powered defense strategies, as AI agents now rival human hackers in identifying profitable blockchain exploits.
A joint project by Anthropic and MATS Fellows used the newly created Smart CONtracts Exploitation benchmark (SCONE-bench) to test AI models against 405 real-world contracts exploited between 2020 and 2025.
In simulated attacks on contracts exploited after March 2025, Claude Opus 4.5, Claude Sonnet 4.5, and GPT-5 produced exploits collectively worth $4.6 million, demonstrating a concrete lower bound on the potential financial damage AI could cause. Extending the tests to 2,849 recently deployed contracts with no known vulnerabilities, GPT-5 and Sonnet 4.5 uncovered two novel zero-day vulnerabilities, generating simulated profits of nearly $3,700.
SCONE-bench: Quantifying exploits in dollars, not bugs
Traditional cybersecurity benchmarks measure success by detection rates or arbitrary scores, but SCONE-bench evaluates AI exploits in financial terms, providing a more tangible measure of risk. Smart contracts are particularly well-suited for this approach because vulnerabilities can directly translate into stolen funds, and simulations allow researchers to quantify the potential losses.
Over all 405 contracts in SCONE-bench, 10 AI models produced exploits for 207 contracts, totaling $550.1 million in simulated stolen funds. Even accounting for potential data contamination, frontier models consistently demonstrated the ability to exploit contracts beyond their knowledge cutoff dates.
Concrete Examples of AI Exploits
One tested vulnerability involved a token calculator function on an Ethereum-compatible contract that was mistakenly left writable. The AI agent repeatedly called the function to inflate its token balance, generating simulated profits of $2,500 and, under peak liquidity conditions, a potential $19,000. Independent white-hat intervention later recovered the assets.
The research underscores that AI agents are now approaching human-level capability in tasks like control-flow reasoning, boundary analysis, and exploiting software vulnerabilities—a skill set directly applicable to blockchain and traditional software systems alike.
The study emphasizes that AI cyber capabilities are accelerating rapidly, from network intrusions to autonomous exploitation of blockchain applications. SCONE-bench provides a defensive tool, allowing smart contract developers to stress-test systems before deployment.
According to the researchers, the findings are a proof-of-concept that profitable, real-world autonomous exploitation is feasible, highlighting the urgent need for proactive AI-powered defenses to protect financial systems and digital assets.
2025-12-02 20:213d ago
2025-12-02 14:253d ago
ADA Surges 15%, XRP Up 9%—But Bulls Should Not Celebrate Too Early
XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) have surged on Tuesday, with both tokens rebounding from key support zones. Still, neither has broken the structural barriers needed to end their multi-week downtrends.
Key Resistance At $2.25–$2.30 Continues To Cap Every Rally
XRP Price Prediction as of December 2nd (Source: TradingView)
XRP's bounce has improved short-term stability, but the market is still struggling to break above the $2.25–$2.3 zone.
This area lines up with multiple moving averages and the upper boundary of the current triangle
Also, the upper boundary of the current triangle sits near the 0.618 and 0.786 retracements, turning this area into a stronger barrier than before.
A close above $2.3 would allow the market to target $2.41, followed by the broader pivot near $2.58.
Traders monitoring historical levels point to $2.58 as the first meaningful zone where a sustained reversal would become more plausible.
Support At $2 Remains A Line Of Defense For Bulls
XRP Price Action as of December 2nd (Source: TradingView)
If the latest bounce fades, XRP faces a clear downside roadmap.
Losing $2 would expose the market to deeper retests at $1.95 and $1.81, both areas where buyers stepped in earlier this year.
A sharper decline could revisit $1.61, which aligns with a major support level on the daily chart.
A lot of trading activity over the past year has occurred between $2 and $2.3, which helps explain why price keeps getting stuck in this range.
Short-term indicators including MACD and RSI show the market has stabilized, but there is no clear sign of a long-term reversal yet.
A confirmed move above $2.3 would shift control toward buyers, allowing them to revisit $2.58 and potentially $3.05.
December's Volatility History Warns Of Larger Swings Ahead
XRP Monthly Returns (Source: CryptoRank)
Historical performance highlights how volatile December has been for XRP.
The month has produced outsized gains in years such as 2017 (+818.9%), 2020 (+531.9%), and 2014 (+118.1%), but it also delivered major declines, including a -66.5% unwind in 2020.
The average return sits near +64%, while the median sits at -2.25%, underscoring how widely outcomes vary.
XRP recorded approximately $4.9 million in net outflows as of December 2nd, according to Coinglass.
The divergence between short-term price stabilization and ongoing outflows suggests investors are remaining selective rather than re-engaging aggressively.
Cardano Jumps 12% But Downtrend Still Intact
ADA Price Analysis (Source: TradingView)
Cardano surged 12% after bouncing from the bottom of its falling channel.
The move is one of ADA's strongest single-day recoveries in weeks and came directly off long-term support.
Even with the jump, price is still trading inside the same downward channel that has capped every rally since October.
The cluster of moving averages between $0.41 and $0.44 remains the first major ceiling, and ADA is testing that zone again now.
A breakout above this area could fuel a push toward $0.47–$0.50, where the upper boundary of the channel sits.
Failure to hold gains leaves price vulnerable to a retest of support near $0.38 and potentially the lower zone at $0.34–$0.36.
For now, the rally looks like a strong bounce off support rather than a confirmed trend change.
Read Next:
XRP Rallies 8% And The Trend Reversal May Have Just Begun
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
On December 1, 2025, Tom Lee, a prominent figure in financial circles, voiced a striking statement: Ethereum is increasingly becoming the asset of choice among Wall Street's elite. Lee's optimistic forecast of Ethereum reaching $9,000 has sparked both excitement and skepticism, as seasoned investors and financial analysts weigh the feasibility of such a target.
2025-12-02 20:213d ago
2025-12-02 14:333d ago
Hedera Price Surges 10% After Canary Capital HBAR ETF Goes Live on Vanguard
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Hedera (HBAR) price saw a 10% increase over the last 24 hours, rising above $0.14.This boom comes after Canary Capital HBAR ETF was started on Vanguard, which generated positive investor expectations.
The entire cryptocurrency market also saw a significant increase, increasing by 7.18% over the same period.
Why Is Crypto Market Surging?
The general crypto market rebound follows a massive breakout, and it is an indicator of renewed trust in digital assets. The price of Bitcoin broke the barrier of over $90,000 when the U.S. Federal Reserve ceased its quantitative tightening (QT) policy.
This policy change eliminated one of the main points of pressure in regard to liquidity. It also increased the expectations of lower interest rates, which increased the demand of alternative assets such as Bitcoin.
Ether was also doing well since it is still over $3,000 following its recovery. Other popular cryptocurrencies, such as Solana (SOL), Cardano (ADA), and XRP, however, registered a similar positive pattern.
This market-wide optimism favored Hedera especially. With the crypto market regaining ground, the stock of Hedera is still feeling the effect of this optimism.
Canary Capital Launches HBAR ETF on Vanguard’s Platform
Canary Capital has also introduced its spot HBAR exchange-traded funds (ETFs) on the platform of the Vanguard Group. This is a huge milestone since the first exchange-traded fund to gain exposure to Hedera native cryptocurrency, HBAR, is offered by a well-established investment management company.
HBAR ETF enables investors to obtain exposure to cryptocurrencies with the help of traditional brokerage accounts. It avoids the necessity to connect with crypto exchanges or digital wallets. Hedera is a decentralized public network based on the hashgraph consensus mechanism of transactions. HBAR is the native means of fee payment and staking in the network.
INTEL: The first $HBAR ETF has gone live on Vanguard
— Solid Intel 📡 (@solidintel_x) December 2, 2025
Canary Capital, the provider of cryptocurrency-related ETFs, is assisting investors in investing in digital assets through the usual investment account. This introduction is an indication of increased institutional desire in the regulated cryptocurrency products. It also illustrates a growing interest among conventional finance companies to provide their customers with digital asset solutions.
Will HBAR Price Rally To $0.17 Soon?
The HBAR price surged to $0.14384, marking an impressive 10% increase over the past 24 hours.
The MACD indicator of the chart shows a positive crossover that indicates that it will bring about additional gains. The orange signal line has been overtaken by the blue MACD line, which means that the momentum is shifting to the buyers. Moreover, the histograms below the zero line are becoming green, which represents the growing bullishness.
Source: HBAR/USDT 4-hour chart: Tradingview
Bullish momentum might further cause the price of Hedera to skyrocket to as high as $0.15, or even to the level of $0.17. Nonetheless, when bears assume control, there may be a pullback to $0.13, and a lower price level may be experienced in case the support level does not hold.
2025-12-02 20:213d ago
2025-12-02 14:333d ago
Is This the DOGE Bottom? Dogecoin Flashes Bullish Signals
Dogecoin hits Wyckoff Spring phase with MACD bullish cross forming. Analysts eye $5 target by 2026 if historical cycle repeats.
Dogecoin (DOGE) sits at around $0.136 at press time, as the daily trading volume stands at $1.3 billion. The price is down almost 1% in 24 hours and 9% over the past week. Despite recent weakness, chart signals suggest a possible shift in direction.
Dogecoin Moves Into Wyckoff Spring Phase
Analyst Trader Tardigrade has placed Dogecoin in Phase C of the Wyckoff Accumulation model, known as the Spring. This stage often marks the final push below support before a potential reversal begins. DOGE made a new low in the $0.13–$0.14 range, matching the expected move in this phase.
$Doge/3-day#Dogecoin
✍️ Wyckoff Accumulation – Phase C – Spring ✍️ pic.twitter.com/SRez4cHN1a
— Trader Tardigrade (@TATrader_Alan) December 2, 2025
The purpose of this move is to test support and remove short-term holders. If the setup holds, the price may enter Phase D, where it starts to move higher within the range.
In addition, the same analyst also pointed to a bullish crossover forming on the 3-day MACD. This signal has appeared twice before this year—in April and July—both times followed by upward price movement. A third cross is now appearing, with the MACD line moving above the signal line.
Each previous crossover led to a clear price reaction. If the same response follows, buyers may step in again. This indicator is often used to track changes in short-to-mid-term momentum.
Market Cycle Chart Supports Accumulation View
A separate long-term chart from analyst Bark shows Dogecoin in its third major market cycle. Each past cycle included a correction, followed by accumulation, then a breakout. The current range between $0.05 and $0.20 has held since 2022.
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The chart projects a possible move toward $5 by 2026. This estimate is based on previous cycle growth, though current conditions may differ.
“If history repeats itself, the jump will be massive,” Bark said.
Mixed Signals From On-Chain and ETF Activity
Wallet data shows mixed activity. As CryptoPotato reported, holders of 10 million to 100 million DOGE have reduced their positions by about 7 billion coins in recent weeks. Whale activity is now at a two-month low, shifting focus to technical setups.
In the ETF market, new Dogecoin funds in the US saw a quiet launch. Trading volume around the ETFs remains low. However, DOGE showed some recovery after hitting intraday lows of $0.132, with late-session buying reversing the earlier drop.
Ripple was featured on the Nasdaq Tower primarily to celebrate its induction as a "Builder" in the Pledge 1% network during Giving Tuesday (the Tuesday after Thanksgiving is the global day of philanthropic efforts).
The company has now donated over $250 million cumulatively to nonprofits and universities.
Ripple's charitable efforts Ripple has built a substantial philanthropic arm known as Ripple Impact (formerly "Ripple for Good"). They have formalized this commitment by joining Pledge 1%, a global movement where companies commit 1% of their equity, time, product, or profit to social causes.
The $250 million figure represents Ripple’s cumulative giving to date. Their charitable strategy focuses on using blockchain technology to solve structural problems in philanthropy
HOT Stories
The cornerstone of Ripple's philanthropy is the University Blockchain Research Initiative (UBRI), which was launched back in 2018. This is the primary vehicle for the large donation figures that are being highlighted.
Ripple has committed over $80 million specifically to academia, partnering with more than 80 universities across the globe.
The San Francisco-based has also donated heavily to immediate relief efforts for events like the Turkey-Syria earthquakes.
In 2022, the company also committed $100 million to help scale voluntary carbon markets as part of its charitable efforts.
2025-12-02 20:213d ago
2025-12-02 14:393d ago
XRP ETFs Extend 11-Day Inflow Streak as $1 Billion Mark Nears
XRP spot ETFs have recorded inflows for 11 consecutive trading days, pushing cumulative inflows to $756.26 million as of December 1, according to SoSoValue data.
The products added another $89.65 million on Monday alone, marking one of their strongest sessions since launch.
Sponsored
Sponsored
Strong Momentum Across All IssuersThe latest inflows lifted total net assets across the four US funds to $723.05 million, equal to 0.60% of XRP’s market capitalization.
The trend places the category within reach of the $1 billion asset milestone, a level analysts view as a key threshold for long-term institutional adoption.
XRP ETF Inflow. Source: SoSoValueAll four XRP ETFs—Canary, Bitwise, Grayscale, and Franklin Templeton—finished the day in positive territory. Their market prices rose between 8.30% and 8.54%, reflecting a broad rebound in XRP after last week’s decline.
Monday’s inflow was led by Franklin’s XRPZ, followed by Grayscale. The consistent demand has also pushed cumulative inflows sharply higher.
Sponsored
Sponsored
Over the past two weeks, the category saw multiple high-volume days, including $243.05 million on November 14 and $164.04 million on November 24.
XRP price also reflected the positive ETF performance. The altcoin rallied nearly 9% today, after dropping to $2 earlier in the week.
The $11Trillion behemoth, Vanguard.
You might need an oxygen mask for this.
Allowing the XRP ETF's to trade is just the first step. What comes after that? The Vanguard advisors begin giving "recommended allocations of portfolios" to every single client (self-directed and… https://t.co/IkmGJTNDAW pic.twitter.com/U8UvgN9WMr
— Chad Steingraber (@ChadSteingraber) December 2, 2025
$1 Billion Is Now in SightAt the current pace, analysts expect XRP ETFs to cross $1 billion in assets within days. The category added more than $500 million in the past week alone, reflecting accelerating participation from large buyers.
If inflows remain positive this week, XRP would become one of the fastest-growing altcoin ETF markets launched in 2025. The surge also signals expanding demand for non-Bitcoin digital asset products under the new regulatory framework.
The run of 11 consecutive green days highlights rising appetite for XRP exposures through ETFs. With cumulative inflows nearing the $1 billion level and net assets climbing steadily, the products have quickly become a significant part of XRP’s market structure.
However, continued momentum will depend on broader market conditions and how institutional investors respond to price volatility in the weeks ahead.
In brief
Ethereum's Fusaka upgrade is expected to be implemented on Wednesday.
The upgrade implements key features like PeerDAS, which changes how the network collects and verifies data from layer-2 networks.
The upgrade will increase blob capacity, improving speed and scalability in the Ethereum ecosystem.
Ethereum builders are optimistic that the Fusaka Upgrade, a major change in how the mainnet collects and verifies data from layer-2 networks, will dramatically improve the network, making rollups cheaper and more scalable.
“That directly supports the ecosystem that most users interact with today,” Nick Johnson, co-founder and lead developer of the Ethereum Name Service told Decrypt.
“It’s also a sign of Ethereum’s maturity; upgrades now focus on refining efficiency, decentralization, and resilience. Fusaka makes the base layer more capable of supporting long-term growth without compromising the properties that make Ethereum reliable in the first place.”
Fusaka, which is short for Fulu-Osaka, follows the network’s May upgrade—Pectra—which enabled new wallet smart contract functionality and improved validator economics on top of network scalability improvements.
The blockchain’s latest upgrade will once more add scaling improvements, this time more specifically by increasing the available blob space in each Ethereum transaction block via the PeerDAS Ethereum Improvement Proposal (EIP-7594).
“PeerDAS—this is really the cornerstone of the fork,” said Ansgar Dietrichs of the Ethereum Foundation in a launch video posted to X. “Under the hood it very fundamentally changes the nature of the chain. It changes how we do these state attestations, to move from this naive data availability mechanism to this sampling based one.”
Blobs were first introduced in Ethereum’s 2024 Dencun upgrade, lowering layer-2 network gas fees by allowing data from the scaling networks to be stored temporarily, instead of permanently.
With Fusaka’s upgrade, blob capacity is expected to increase by as much as 8x.
“Overall, Fusaka is a pivotal step toward an interoperable Ethereum, enabling rollups to operate as one coherent ecosystem under Ethereum’s security, bringing the network closer to its original vision of a decentralized world computer, but unified ecosystem,” Alon Muroch, co-founder of Ethereum staking firm SSV Labs told Decrypt.
Ethereum co-founder Vitalik Buterin previously called the functionality unlocks enabled by PeerDAS "unprecedented," ultimately noting that it is the “key to layer-2, and eventually layer-1 network scaling.
Fusaka will fix this.
But also, safety first is of the utmost importance for Fusaka. The core feature, PeerDAS, is trying to do something pretty unprecedented: have a live blockchain that does not require any single node to download the full data.
The way PeerDAS works is that… https://t.co/go6QsqjaFC
— vitalik.eth (@VitalikButerin) September 24, 2025
The network’s next major upgrade, Glamsterdam, is in development for 2026. Its key features include scaling the layer-1 network and blobs.
ETH is up nearly 10% on Tuesday, now changing hands at $3,020. The second-largest crypto asset by market capitalization has jumped around 4.3% in the last 7 days, but remains nearly 39% off its August all-time high of $4,946.
Despite the asset’s daily gain, predictors on Myriad still believe it's more likely that ETH will fall to $2,500 before jumping to $4,000.
(Disclaimer: Myriad is a product of Dastan, the parent company of an editorially independent Decrypt.)
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-12-02 20:213d ago
2025-12-02 14:423d ago
Tether Introduces QVAC Fabric, an On-Device Large Language Model System
Tether launches a local AI system called QVAC Fabric LLM that allows users to run and train models on consumer hardware without relying on the cloud.
The software supports inference and LoRA fine-tuning on GPUs and mobile chips, and uses binaries and adapters from Hugging Face to speed up adoption.
The company pushes a decentralized AI model amid ongoing financial concerns, which could limit early institutional interest.
Tether released QVAC Fabric LLM, a system that enables running and training language models (LLMs) directly on consumer devices —laptops, PCs, home GPUs, or phones— without relying on the cloud. The company aims to bring artificial intelligence into decentralized environments, offering privacy and autonomy while avoiding the costs and vulnerabilities associated with centralized infrastructure.
The new software supports local inference, LoRA training, and instruction-tuning. It works with GPUs from AMD, Intel, NVIDIA, and Apple Silicon, as well as mobile chips such as Qualcomm Adreno and ARM Mali.
According to Tether, this allows “personalized AI to learn from the user” and operate offline in areas with limited connectivity. Developers only need “a few commands” to get started. QVAC Fabric LLM is released under the Apache 2.0 license. The launch includes multi-platform binaries and prebuilt adapters available on Hugging Face, easing integration and adoption.
Strategic Repositioning
Tether’s move into AI marks a full strategic shift. Known until now for issuing the world’s largest stablecoin, the company is diversifying its technological infrastructure. This decision comes as demand for decentralized AI increases and emerges as a viable option for organizations or individuals seeking control over their data at lower cost.
It is worth noting that the firm was recently downgraded by S&P Global Ratings to a “5 (weak)” risk level, raising questions about the transparency of its reserves. BitMEX co-founder Arthur Hayes also warned that Tether’s growing exposure to Bitcoin and gold could threaten its solvency if those assets were to fall 30%. That backdrop introduces doubts about the financial capacity behind any aggressive expansion plans.
Tether May Struggle to Promote QVAC Fabric LLM
The pressure surrounding the company may affect institutional adoption of QVAC Fabric LLM. Investing in a new AI infrastructure developed by an entity facing regulatory and financial scrutiny carries certain risks. Still, the ability to offer local, secure, and low-cost AI could appeal to sectors focused on privacy or located in areas with limited connectivity.
Tether is moving beyond stablecoins and proposing a new model of open and accessible infrastructure. If it manages to overcome financial doubts, QVAC could signal the beginning of decentralized AI at scale, accessible from a phone or laptop without depending on expensive servers or centralized platforms
2025-12-02 20:213d ago
2025-12-02 14:443d ago
SHIB Exec Calls FBI, RCMP, and INTERPOL to Action on Surging Cyber Attacks
Following the recent Shibarium Bridge exploit that has posed serious threats to the SHIB community, Lucy, SHIB head of marketing, has called on law enforcement agencies to take action.
2025-12-02 20:213d ago
2025-12-02 14:453d ago
Fed halts QT (quantitative tightening)—and Bitcoin traders are watching closely
The Federal Reserve officially ended its quantitative tightening, or QT, program on Dec. 1, freezing its balance sheet at $6.57 trillion. The move signals a shift in U.S. monetary policy with significant implications for Bitcoin and broader crypto markets.
Summary
The Fed ended its three-year Quantitative Tightening program, freezing its balance sheet at $6.57T.
Bitcoin slid back into the $90,000 region on Dec. 2.
Analysts say the shift could become a tailwind for crypto, echoing patterns seen after the 2019 QT halt.
The move caps a three-year run in which the Fed drained $2.39 trillion from the financial system—its largest liquidity withdrawal in history. Treasury runoff has now been halted, though the Fed will continue reducing mortgage-backed securities by $35 billion each month. The decision comes as bank reserves sit near $2.89 trillion, a level officials worried could risk market instability if QT continued.
Bitcoin (BTC) traded around $92,000 at last check on Dec. 2, down over 16% over the course of a month. Roughly $1 billion in leveraged crypto trades were liquidated during Monday’s selloff, underscoring how thin liquidity can magnify volatility in risk assets.
Investors look for historical clues
When the Fed paused QT in 2019, markets rallied 17% within weeks, though Bitcoin initially fell about 35% before delivering major gains in early 2020.
This cycle, however, looks different. Interest rates have already been cut to 3.75%–4.00%, the once-massive Overnight Reverse Repo facility has all but drained, and institutional participation has surged. Spot Bitcoin ETFs now hold more than $50 billion, drawing steady inflows from firms such as BlackRock and Fidelity.
If history rhymes, the Fed’s policy shift could set the stage for a rebound. As Fundstrat’s Tom Lee told CNBC, the QT halt is “a tailwind” for both Bitcoin and equities heading into 2026.
As of December 2, 2025, Dogecoin (DOGE) is trading at approximately $0.136, with a daily trading volume reaching $1.3 billion. This reflects a minor decline of nearly 1% over the last 24 hours and a sharper decrease of 9% throughout the past week.
2025-12-02 20:213d ago
2025-12-02 14:523d ago
Bitcoin's Trajectory: Grayscale Foresees Record-Breaking Highs by 2026
On December 2, 2025, Grayscale Research shared an optimistic forecast, predicting that Bitcoin could reach unprecedented highs by 2026. This projection challenges the prevailing skepticism that the cryptocurrency is entering a prolonged slump.
2025-12-02 20:213d ago
2025-12-02 14:533d ago
XRP ETFs Near $1 Billion Milestone Amid Surging Investor Interest
As of December 1, XRP exchange-traded funds (ETFs) have experienced an 11-day streak of substantial inflows, with accumulative investments reaching $756.26 million, according to data from SoSoValue. The noteworthy addition of $89.65 million on the preceding Monday underscores one of the most significant daily contributions since the launch of these financial products, showcasing robust market momentum.
2025-12-02 20:213d ago
2025-12-02 14:543d ago
Ethereum's Fusaka Upgrade: Anticipating Structural Shifts in Crypto's Second Largest Network
Scheduled for deployment on Wednesday, Ethereum's much-anticipated Fusaka upgrade is set to introduce a series of enhancements aimed at improving the network's efficiency and scalability. As the second-largest cryptocurrency by market capitalization, Ethereum's developments have significant implications not only for its vast community of developers and users but also for the broader blockchain ecosystem.
2025-12-02 20:213d ago
2025-12-02 14:583d ago
Bitcoin, Ethereum, XRP, Dogecoin Rally 10% On Institutional-Driven Interest Surge
Coinglass data shows 120,612 traders were liquidated in the past 24 hours for $411.25 million.
In the past 24 hours, top gainers include Pudgy Penguins, Sui and SPX6900.
Notable Developments:
Bank Of America Launches Bitcoin Coverage, Recommends Up To 4% Crypto Allocation
Bitcoin Back In The $80,000s Feels Painful, But The Worst Part Is Over
A New Take On Bitcoin, Ethereum And IPO Investing? VistaShares’ ETF Quartet Suggests So
Could AI Agents Exploit Ethereum, XRP, Solana? Anthropic Says It’s Possible
SEC Aims To Position US As Center For ‘Digital Asset Innovation’ With ‘Innovation Exemption’
Not Just Bitcoin: Strategy Partners With Snowflake To Standardize ‘Messy’ Data For AI
Michael Saylor’s Company Will Be Forced To Sell Bitcoin Before Year-End? Crypto Punters On Polymarket Have This To Say
Trader Notes: Daan Crypto Trades said Bitcoin cleanly swept its monthly candle high, reinforcing his view that when a new month begins with a strong move that leaves little or no wick, those levels tend to get retested, or taken out, quickly.
That played out in a fast reclaim above $91,000.
Nebraskangooner noted BTC now needs a daily close above $90,360 to open the path toward the still-untapped upper resistance zone.
Michael van de Poppe highlighted Bitcoin’s sharp recovery following the unusual drop on Dec. 1, calling the structure "strong."
A decisive break above $92,000 would likely confirm continuation toward a new all-time high and potentially a run toward $100,000.
Altcoin Sherpa compared the bounce to a milder version of March's price action, an aggressive selloff followed by an equally strong reversal. He believes this could mark a relative bottom.
Read Next:
If You’re Expecting A Bitcoin Bear Market In 2026, You Have It Wrong, Grayscale Says
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Even with prices sliced nearly in half and Open Interest (OI) evaporating, Ethereum [ETH] still anchors the biggest pools of DeFi money and stablecoins. And while traders back away, big buyers keep buying.
The disconnect is growing.
Ethereum still owns the “big money” layer
Even with falling prices, Ethereum continued to dominate where it actually matters.
Source: X
Apps on Ethereum now hold $330.4 billion in TVL, dwarfing every competing chain by a mile.
Source: X
Its stablecoin base is just as massive, with $184.6 billion sitting on Ethereum alone; far ahead of TRON [TRX], Solana [SOL], or any L2.
That liquidity foundation explains why major flows, lending markets, and DEX volume still like ETH despite its ebbs and flows.
Bitmine buys more
While Ethereum’s fundamentals remain stacked, the whales don’t want to miss out.
Source: X
Lookonchain flagged another major buy: Tom Lee’s Bitmine scooped up 7,080 ETH worth roughly $19.8 million. This vote of confidence comes at a bad time for ETH, with its price down from earlier highs.
AMBCrypto previously reported that even as activity migrates to L2s, valuation models still say ETH is undervalued. 10 out of 12 metrics placed their fair value far higher than current prices. At the time, estimates put ETH’s Composite Fair Value near $4.8k; despite market stress, the asset remained structurally mispriced.
This is possibly why Derivatives markets continue to treat ETH as core infrastructure rather than a fading trade.
What’s more…
Ethereum’s Open Interest has gone through an unwinding, with a deeper market reset than many realize.
On Binance alone, OI collapsed 51%, falling from an August peak of $12.6 billion to $6.2 billion. This wiped out $6.4 billion in positions.
Source: X
Gate.io saw a drop from $5.2 billion to $3.5 billion, and Bybit was hit even harder, plunging from $6.1 billion to $2.3 billionB. Paired with ETH slipping 43% from $4,830 to $2,800, 2025’s overheated leverage cycle is finally unwinding.
The leverage-heavy market that pushed ETH higher is now the same one speeding up its fall.
Final Thoughts
Ethereum’s fundamentals remain untouched, even as traders pull back.
The network sees $330B in TVL and whales are still buying.
2025-12-02 20:213d ago
2025-12-02 15:003d ago
Altcoins rebound sharply — but broader metrics show the market is still stuck in Bitcoin season
Crypto markets staged an unexpected relief rally today, with several major altcoins recording double-digit gains immediately after sentiment indicators flipped from panic to optimism.
Fresh data from Santiment shows social volume turning overwhelmingly positive following a wave of MicroStrategy-related FUD, triggering what analysts describe as a “crowd-driven reversal” across large-cap assets.
Ethereum jumped 10%, Solana gained 12%, Cardano climbed 14%, Chainlink rose 13%, and Sui led the day with a 21% surge.
Source: Santiment
The rebound followed a sharp sentiment washout earlier in the week, suggesting traders had reached capitulation levels before rotating back into risk assets.
But despite the strong intraday moves, broader market indicators paint a far more cautious picture.
Altcoin market cap still sliding
Coingecko’s altcoin market cap chart shows the sector has been on a steady decline for seven consecutive days, dropping from above $1.36 trillion to roughly $1.29 trillion.
The rebound visible on Santiment’s price matrix has not yet reversed that broader downtrend.
Source: Coingecko
Even with today’s bounce, altcoins remain well below last week’s levels, underscoring how fragile market confidence remains.
Altcoin Season Index confirms trend: still Bitcoin season
The CMC Altcoin Season Index sits at 21/100, firmly inside Bitcoin Season territory.
That means:
Altcoins are underperforming Bitcoin on a multi-week basis,
Capital remains concentrated in BTC,
And institutional flows continue favoring Bitcoin ETFs, rather than rotation plays.
Just one month ago, the index stood at 29, indicating that altcoins have weakened relative to Bitcoin, despite today’s individual coin surges.
A sentiment reset may have caused the rally
Santiment attributes the sudden flip to crowd behaviour. Social data recorded a surge in bearish commentary across major assets, followed by a sharp reversal in price — a pattern often linked to forced seller exhaustion or short-term bottoming.
This move also arrived during a period of elevated volatility surrounding MicroStrategy, whose declining stock price had sparked fears of forced Bitcoin sales.
As those concerns cooled, speculative capital quickly rotated back into oversold altcoins.
What comes next for altcoins?
For a sustainable trend reversal, analysts say two things must happen:
Altcoin market cap must reclaim the $1.35T–$1.40T zone, signalling renewed sector-wide demand.
The Altcoin Season Index must break above 25–30, showing that capital is rotating away from Bitcoin dominance.
Until then, today’s rebound looks more like a sentiment-driven relief move than the start of an altcoin breakout.
Final Thoughts
Today’s altcoin rally reflects a sharp sentiment swing — not yet a structural market shift.
Key indicators still show Bitcoin dominance, meaning altcoins need sustained inflows for a true recovery.
2025-12-02 20:213d ago
2025-12-02 15:003d ago
Would A 30% Bitcoin Price Crash Be Devastating For Tether's USDT? Here's The Truth
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Tether, the issuer of USDT, has long been considered one of the most stable assets in the crypto market, but a recent report suggests that a crash in the Bitcoin price could jeopardize the stablecoin’s solvency. Arthur Hayes, co-founder and CIO of BitMEX, has revealed that a portion of USDT’s reserves is allocated to BTC, potentially exposing it to heightened market volatility.
Bitcoin Price Crash To Threaten Tether USDT Stability
In a recent report shared on X earlier this week, Hayes outlined market risks that could have a devastating impact on Tether’s USDT. The BitMEX founder explained that the stablecoin issuer has been executing a large-scale interest rate trade, likely betting on a Federal Reserve (FED) rate cut.
He stated that the stablecoin issuer has accumulated significant positions in Bitcoin and gold to hedge against falling interest income. As a result, Hayes has warned that if Tether’s positions in both gold and Bitcoin were to decline by roughly 30%, it could wipe out its entire equity, theoretically putting USDT at risk of insolvency.
Since stablecoins are typically backed by the US dollar, the crypto founder has stated that a severe drop in Tether’s reserve value could trigger panic amongst USDT holders and crypto exchanges. In such a scenario, they might demand immediate insight into the stablecoin issuer’s balance sheet to gauge solvency risk. Hayes has also suggested that the mainstream media could further amplify the concerns, creating widespread market alarm.
Analyst Fires Back Against Hayes’ USDT Claims
Following Hayes’ statements on X, Tether’s USDT has come under scrutiny, with crypto analysts debating the resilience of its reserves. A former Citi Research lead, Joseph Ayoub, challenged Hayes’ claims, arguing that even if Bitcoin and gold prices were to crash 30%, a USDT insolvency remains highly unlikely.
He highlighted that the BitMEX co-founder had missed three key points in his post. Ayoub noted that Tether’s publicly disclosed assets do not represent the entirety of its corporate holdings. According to him, when Tether issues USDT, it maintains a separate equity balance sheet that is not publicly reported. The reserve numbers that are eventually disclosed are intended to show how USDT is backed. At the same time, the company maintains a balance sheet for equity investments, mining operations, corporate reserves, possibly more Bitcoin, and the rest distributed as dividends to shareholders.
Ayoub also described Tether’s core operations as highly profitable and efficient. He stated that the company holds over $100 billion in interest-yielding treasuries, generating roughly $10 billion in liquid profit annually while operating a relatively small team. The former Citi research lead estimated that the stablecoin issuer’s equity is likely valued at between $50 billion and $100 billion, providing it with a substantial cushion against losses in its crypto and gold holdings.
Finally, Ayoub disclosed that Tether operates like traditional banks, maintaining only 5-10% of deposits in liquid assets, while the remaining 85% are held in longer-term investments. He also noted that the stablecoin issuer is significantly better collateralized than banks, adding that with their ability to print money, bankruptcy is virtually impossible.
BTC trading at $86,636 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Shutterstock, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-12-02 20:213d ago
2025-12-02 15:003d ago
You Won't Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?
Bitocin treasury companies continue to accumulate a significant amount of BTC despite current market conditions and now control around 5% of the total BTC supply. These companies are led by Michael Saylor’s Strategy and Metaplanet, which have recently raised fresh capital to buy the dip.
Bitcoin Treasury Companies Now Hold Over 1 Million In BTC
Bitcoin Treasuries data shows that the top 100 public Bitcoin treasury companies currently hold 1,058,929 BTC, while all public companies combined hold 1,061,697. Notably, Strategy is the largest public Bitcoin holder with 650,000 BTC. Michael Saylor’s company yesterday announced another 130 BTC purchase for $11.7 million.
Meanwhile, the second-largest Bitcoin treasury company is BTC miner MARA holdings, which holds 53,250 BTC. Tether-backed Twenty One Capital, Metaplanet, and Bitcoin Standard Treasury Company complete the top 5, with 43,514, 30,823, and 30,021 BTC, respectively. Meanwhile, companies like Coinbase, Bullish, and Trump Media are among the top 10 largest BTC treasury companies.
It is worth noting that these public companies account for only a part of the Bitcoin treasuries. Further data from Bitcoin Treasuries shows that there is currently 4 million BTC in treasuries as a whole, including the coins held by governments, private companies, exchanges, DeFi platforms, and ETFs.
Source: Chart from Bitcoin Treasuries
BlackRock is currently the second-largest Bitcoin holder, only behind Satoshi Nakamoto. Strategy is third on the list, while Binance and the U.S. government complete the top 5, with BTC holdings of 628,868 and 323,588, respectively. The 4 million BTC held by these treasury companies as a group accounts for 19% of the total Bitcoin supply.
Bitcoin treasury companies such as Strategy and Metaplanet have raised new capital amid the recent crash to buy more BTC. Saylor’s company recently raised $836 million from its STRE offering, which it used to buy 8,178 BTC. Meanwhile, Metaplanet raised $130 million to expand its BTC treasury.
More Companies Set To Adopt Bitcoin
More Bitcoin treasury companies are set to emerge as $10 trillion asset manager, Vanguard, will start offering BTC ETFs from today. Notably, some companies gain BTC exposure through these ETFs rather than buying Bitcoin directly. On-chain analytics platform Arkham Intelligence revealed that the largest U.S. bank, JPMorgan, holds $300 million worth of BlackRock’s BTC ETF.
Meanwhile, it is worth mentioning that Bitcoin treasuries such as Strategy are coming under immense pressure amid the current market downtrend. Strategy’s CEO, Phong Le, admitted that they might have to sell Bitcoin as a last resort to fund dividend payments if their mNAV drops below 1x and they can no longer raise capital.
At the time of writing, the Bitcoin price is trading at around $87,000, up in the last 24 hours, according to data from CoinMarketCap.
BTC trading at $86,465 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pngtree, chart from Tradingview.com
2025-12-02 20:213d ago
2025-12-02 15:043d ago
Dogecoin Holds Flat at Around $0.14 With Bearish Sentiment Dominating
Ethereum skyrockets during the last few hours and is now trading above $3,000
This Tuesday, Ethereum staged a spectacular V-shaped recovery, positioning itself above the psychological threshold of $3,000 following an intraday drop that took it below $2,750.
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2025-12-02 20:213d ago
2025-12-02 15:043d ago
Apex Fusion expands to Base with bAP3X token deployment
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Skyline launches bAP3X on the Base network, bringing Apex Fusion’s AP3X token cross-chain utility and seamless interoperability to Coinbase’s EVM-compatible ecosystem.
Cross-chain interoperability leader Skyline, part of the Apex Fusion ecosystem, has announced the deployment of bAP3X on the Base network. The launch introduces the bridged version of Apex Fusion’s native AP3X token to the Coinbase-incubated Base network for the first time.
Implemented by Skyline using LayerZero’s Omnichain Fungible Token (OFT) standard, bAP3X, known as “Based Apex,” brings the utility of the Apex Fusion ecosystem directly to Base. The deployment allows the AP3X token to be fully bridgeable, extending its functionality beyond Apex Fusion’s native tri-chain architecture into the deep liquidity and developer-friendly environment of Base.
The launch of bAP3X marks the convergence of Apex Fusion’s vision for interoperability with Base’s scalability, creating a foundation for a new era of cross-chain DeFi. The deployment leverages Skyline’s advanced Blade EVM technology to ensure production-ready interoperability. This infrastructure allows native Apex Fusion assets to move fluidly across the UTXO and EVM layers and extend directly to Base.
The deployment will enable bAP3X to gain immediate traction across major Base protocols and applications. Liquidity pools are now live on Aerodrome, with incentives activated through Merkl. Additionally, bAP3X is live on QuickSwap, further expanding cross-ecosystem liquidity.
bAP3X marks a critical milestone in Apex Fusion’s multichain strategy by unlocking seamless connectivity between the Apex Fusion, Cardano, and Coinbase ecosystems. The token is fully bridgeable via LayerZero OFT for cross-chain transfers, and has been designed under FINMA guidance for compliant token utility.
Skyline’s infrastructure ensures that any token launched on Apex Fusion can now be extended to Base, while Base-native projects can deploy into Apex Fusion’s environment.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
2025-12-02 20:213d ago
2025-12-02 15:133d ago
Bitcoin surges, and Vanguard allows trading of some crypto ETFs: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and other cryptocurrencies surge in a digital asset rebound. Plus, Vanguard and Bank of America update their guidance on crypto for clients.
2025-12-02 20:213d ago
2025-12-02 15:143d ago
Solana on-chain flows flag notable supply shift as SOL trades near key support
Solana’s (SOL) onchain flows are flashing a powerful supply-side shift with the crypto asset hovering just above the $120 support zone, but market participation still needs to intensify to turn this structural advantage into upside momentum.
Key takeaways:
$2.12 billion USDC flowed into Binance while $1.11 billion SOL exited, forming a textbook bullish structure around the $120 level.
SOL futures volume fell 3% while BTC and ETH saw 43% and 24% jumps, signaling sluggish trader participation despite improving spot mechanics.
Relative unrealized profit retreated to October 2023 lows, indicating a marketwide profitability reset similar to prior accumulation phases.
Stablecoin inflows, SOL supply crunch underpin $120 floorLast week, Solana witnessed a striking liquidity divergence on Binance, with USDC inflows ballooning to $2.12 billion, while SOL outflows exceeded $1.11 billion. CryptoQuant data indicated that this dynamic is crucial for defending major support levels, including $120, above which the price has been stabilizing.
Solana seven-day net flow analysis. Source: CryptoQuantLarge stablecoin inflows typically represent pending buy-side liquidity from whales or institutional entities who are partially sidelined. Meanwhile, native token outflows reduce exchange-side sell pressure, reinforcing the idea of a structural supply crunch.
The fact that USDT saw a $450 million outflow further underscored a shift toward USDC-driven capital deployment in Solana ecosystems, a trend historically aligned with constructive market behavior.
Despite a tightening supply profile, follow-through demand remains essential. Without active spot buyers stepping in, supply-side strength alone may not sustain broader directional moves.
According to Glassnode’s cost basis distribution heatmap, a large tranche of buyers recently acquired approximately 17.8 million SOL at a cost basis of $142 and another 16 million SOL at $135.
SOL Cost Basis Distribution Heatmap. Source: GlassnodeThese clusters act similarly to onchain support and resistance zones:
Large clusters below price leads to strong support, as many holders are either in profit or near breakeven and have an incentive to defend.
Large clusters above price leads to potential resistance, as trapped liquidity may sell into recovery.
Thus, at the moment, SOL needs to reclaim $135 and $142 for the recent buyers to act as strong fundamental support levels.
Futures activity stalls while SOL PnL resetsWhile onchain flows show accumulation, derivatives activity inferred a more cautious environment. SOL futures volume slipped 3%, even as BTC and Ether (ETH) recorded sizable increases of 43% and 24%.
This imbalance suggested Solana traders have been unusually quiet, a contrast to the capital entering ecosystems via stablecoins.
BTC, ETH, and SOL futures data comparison. Source: GlassnodeMeanwhile, relative unrealized profit has dropped to October 2023 levels, when SOL traded near $20. Such profitability resets may imply that speculative excess has been wiped out, leaving the market in an attractive reaccumulation zone.
Net Realized Profit/Loss also printed heavy negative readings in November, mirroring the deep realized losses seen during the February–April 2025 bottom-range formation. Historically, such patterns precede stronger recovery cycles, but traders would need to step back in to convert positioning into upward momentum.
SOL net realized profit/loss. Source: GlassnodeThis 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.
2025-12-02 20:213d ago
2025-12-02 15:163d ago
AAVE Rallies 14% as Bybit, Mantle Integration Connects DeFi Lender to 70M Users
The DeFi lender's native token broke above key resistance level, eyeing $190 as the next target level. Dec 2, 2025, 8:16 p.m.
Aave’s native token AAVE surged 14% over the past 24 hours to $188 on Tuesday as the broader crypto market rebounded from the steep early week sell-off.
The move marked one of the strongest daily gains among major DeFi assets, outpacing the CoinDesk 5 Index's 8% gain during the same period.
STORY CONTINUES BELOW
The rally was fueled by a sharp breakout above the $175 level during the U.S. trading session, where volume spiked 295% above average in a single hour, CoinDesk Research's technical analysis tool noted. Overall, AAVE posted an intraday range of $24.90, rising from $164.28 due to strong trading activity, representing a 35.66% increase compared to its seven-day average.
Technical indicators confirmed the momentum. AAVE logged three higher lows before pushing above $183.80 support and reaching a session high of $188.26, with volume spikes reinforcing bullish control.
Boosting sentiment was Aave expanding to Mantle (MNT), a layer-2 Ethereum scaling network tightly connected to crypto exchange Bybit’s 70 million user base. The partnership brings DeFi lending to a broader audience, leveraging low-cost infrastructure while connecting centralized exchange liquidity with decentralized lending markets.
"By bringing Aave's lending markets to Mantle's high-performance network with direct access to Bybit's exchange, this integration makes transparent, onchain finance available at global scale for institutions worldwide," said Stani Kulechov, founder of Aave Labs.
Key technical levels to watchSupport/Resistance: Immediate support sitting at $183.80; next resistance at the $190.00 psychological level.Volume Analysis: Breakout confirmed by 35.66% increase in trading volume, signals strong participation.Chart Patterns: Ascending trend with clean breakout above $175 suggests continued strength.Targets & Risk/Reward: Next upside target sits at $190.00 with a potential extension to $195.00; downside risk remains limited while holding above $183.80.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Cimpress plc (CMPR) Presents at Bank of America Leveraged Finance Conference Transcript
Cimpress plc (CMPR) Bank of America Leveraged Finance Conference December 2, 2025 11:30 AM EST
Company Participants
Meredith Burns - Vice President of Investor Relations
Jonathan Chevalier - VP & Treasurer
Conference Call Participants
Marlane Pereiro - BofA Securities, Research Division
Presentation
Marlane Pereiro
BofA Securities, Research Division
Thank you for joining us. My name is Marlane Pereiro. I'm the high-yield cable and media analyst at Bank of America. I'm pleased to have with us from Cimpress, Jonathan Chevalier, Senior Vice President, Treasurer and Vista Finance; and Meredith Burns, Vice President, Investor Relations and Sustainability. Thank you for joining us.
Meredith Burns
Vice President of Investor Relations
Thanks so much. Thanks for hosting us. We're happy to be here.
Marlane Pereiro
BofA Securities, Research Division
Always a pleasure, Meredith. So we'll start out with the presentation.
Meredith Burns
Vice President of Investor Relations
Yes. So I'm going to go at a pretty quick clip through a few slides here, and then we'll leave lots of time for a fireside chat Q&A. So I'd like to say thank you to everybody who's here in the room, also the people that are on our webcast. Today, we will talk about the future and our thoughts about the future. There are risks to investing in our stock, which you can see listed on this slide, but also in much more detail in our SEC filings, so you should check those out. One thing that we will not be doing today is we won't be providing an intra-quarter update on the December quarter. So sorry, but that's not what we're here for, but happy to talk about the longer-term future for sure. And then there are some non-GAAP measures in this presentation, which you can find a reconciliation to on our website at ir.cimpress.com.
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Kuehn Law Encourages Investors of WEBTOON Entertainment Inc. to Contact Law Firm
, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of WEBTOON Entertainment Inc. (NASDAQ: WBTN) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, WEBTOON insiders caused the company to misrepresent or fail to disclose that (1) that the Company experienced a deceleration in advertising revenue growth; (2) that the Company experienced a deceleration in IP adaptations revenue; (3) that the Company experienced exposure to weaker foreign currencies which offset revenue growth; (4) that, as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you currently own WBTN and purchased prior to July 1, 2024 please contact Justin Kuehn, Esq. by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™
Key Takeaways AT&T shares fell 7.8% in six months amid wireline weakness and mixed industry performance.
Q3 results showed declines in legacy services while wireless and fiber additions supported growth.The firm expands fiber reach and launches new platforms like FirstNet Fusion and Express Waves.
AT&T, Inc. (T - Free Report) has declined 7.8% over the past six months compared to the Wireless National industry’s decline of 10%. The stock has underperformed compared to the Zacks Computer & Technology sector and the S&P 500’s growth during this period.
Image Source: Zacks Investment Research
The company has underperformed its peers like Verizon Communications Inc. (VZ - Free Report) but outperformed T-Mobile US, Inc. (TMUS - Free Report) . Verizon has declined 7.1%, while TMUS has decreased 15.3% during this period.
Major Challenges for AT&TThe company continues to face challenges in the Business Wireline business. In the third quarter, its revenues declined 7.8% year over year, while EBITDA declined 13% year over year. Lower demand for legacy voice and data services continues to impact net sales. Per our estimate, the company expects to report $17.48 billion in revenues, indicating a 7.1% year-over-year decline.
AT&T usually witnesses a lower level of new connections during holiday seasons. Management expects to see lower fiber net adds in the fourth quarter owing to this factor.
In a highly saturated U.S. wireless market, the spectrum crunch has become a major issue. Most of the carriers are finding it increasingly difficult to manage surging mobile data traffic. Growing competition from other major telecom players, such as Verizon and T-Mobile, is driving up the customer acquisition expenses.
Key Growth Drivers for TAT&T is benefiting from solid wireless traction and customer additions. Healthy subscriber gains drove service revenues in the communication segment. The company recorded 328,000 post-paid net additions in Q3. Solid growth in the fiber broadband business is propelling growth in the Consumer Wireline business. AT&T recorded net fiber additions of 288,000, while Internet Air added 270,000 subscribers during the quarter. The company remains on track to reach 50 million customer locations by the end of 2030.
Per Grand View Research, the U.S. fiber broadband market is expected to grow at a 7.5% compound annual growth rate. The growing proliferation of high-bandwidth intensive applications, such as streaming, gaming, financial services, cloud-based services and remote work, is driving demand for high-speed broadband. AT&T is steadily expanding its portfolio to capitalize on these emerging market trends.
The company is steadily expanding its portfolio beyond traditional communication services to open up new revenue streams. It recently introduced FirstNet Fusion, a leading-edge mission-critical communications platform. The platform is designed to act as a one-stop solution that integrates multiple communication tools into a unified, interoperable ecosystem. The company recently introduced AT&T Express Waves, a leading-edge fiber solution that allows businesses to quickly scale operations by supporting cloud, AI, and edge applications. AT&T’s 5G network covers more than 320 million people across 27,000 cities and towns in the United States.
T's Estimate Revision TrendEarnings estimates for AT&T for 2025 and 2026 increased over the past 60 days.
Image Source: Zacks Investment Research
Key Valuation Metric of TFrom a valuation standpoint, AT&T appears to be trading relatively cheaper compared to the industry and trading below its mean. Going by the price/earnings ratio, the company shares currently trade at 11.48 forward earnings, lower than 12.04 for the industry and the stock’s mean of 12.56.
Image Source: Zacks Investment Research
End NoteAT&T remains focused on business transformation efforts to augment operational efficiency and facilitate optimum utilization of resources to enhance value. It expects to continue investing in key areas and adjust its business according to the evolving market scenario to fuel long-term growth. Upward estimate revision underscores growing investors’ confidence in the stock’s growth potential.
However, growing competition in a highly saturated U.S telecom market is weighing on margins. As AT&T tries to woo customers with healthy discounts, freebies and cash credits, margin pressures tend to escalate. With a Zacks Rank #3 (Hold), AT&T appears to be treading in the middle of the road, and new investors could be better off if they trade with caution. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key NotesStablecoin minting patterns historically precede major Bitcoin price rallies within 10-30 days of issuance.Combined Tether and Circle activity indicates liquidity retention and new capital entering crypto despite recent volatility.Market indicators suggest whales are positioning for upward movement with Bitcoin potentially bottoming around current levels.
Tether just minted $1 billion more of the leading stablecoin, USDT, totaling—together with Circle, the USDC issuer—over $20 billion in stablecoins minted since the October 10-11 crash. This movement provides valuable insights into what is next for the crypto market, liquidity-wise.
On December 2, one hour ago from this writing, Tether minted another 1 billion USDT and moved it to an unknown wallet on the Tron Network, according to data Coinspeaker gathered from Whale Alert.
Tether’s 1 billion USDT mint and transfer, onchain activity as of December 2, 2025 | Source: Whale Alert
The mint was also reported by Lookonchain, which highlighted the $20 billion in accumulated mints from Tether and Circle since the unprecedented $19 billion liquidation event on October 10 and 11 that crashed the market in what BitMine’s chairman described as a quantitative tightening effect for crypto—driving liquidity away.
Tether(@Tether_to) just minted 1B $USDT!#Tether and #Circle have minted $20B in stablecoins after the 1011 market crash.https://t.co/Ptsy2BsPoEhttps://t.co/bJ4jMdPZxo pic.twitter.com/IxbczCtNa8
— Lookonchain (@lookonchain) December 2, 2025
What Does $20 Billion in Stablecoin Mint Mean for Crypto?
Nevertheless, the so far minted $20 billion worth of USDT and USDC shows a different perspective on the crypto market, liquidity-wise. This is because stablecoins, especially the dollar-pegged ones issued by Tether and Circle, are the most used on- and off-ramps—being important liquidity and capital flow indicators.
As a rule of thumb, a diminishing market cap for stablecoins indicates capital is leaving crypto, with investors cashing out in traditional USD for non-crypto applications. On the other hand, an increasing market cap for this asset class indicates investors are depositing USD to get USDT and USDC so they can allocate capital in cryptocurrencies.
In theory, Tether and Circle can only mint USDT and USDC backed by real, deposited dollars. Therefore, these companies minting $20 billion post the $19 billion liquidations from October 10-11 suggests the liquidity not only remained in the crypto ecosystem, but additional liquidity has been entering the crypto rails at these prices.
A similar dynamic was observed on September 4, with Tether minting 2 billion USDT during a market retracement. This was the largest mint in nine months, only preceded by a $2 billion-worth mint in December 2024. All these mentioned mints have also preceded a price rally.
For example, Tether’s mint on December 6, 2024, preceded a 10-day, 8% rally on Bitcoin
BTC
$91 888
24h volatility:
8.2%
Market cap:
$1.84 T
Vol. 24h:
$83.11 B
, achieved on December 16, 2024—from $99,000 to $107,000, approximately. Then, on September 4, 2025, the reported 2 billion USDT mint preceded a 30-day, 12% rally to BTC’s current all-time high—from $110,500 to $124,500
Bitcoin (BTC) one-year price chart, with Tether mints and rallies, as of December 2, 2025 | Source: TradingView
If history repeats, Bitcoin could see a similar rally from its current levels, between $85,000 and $90,000, potentially marking a local bottom. Other market movements Coinspeaker covered also suggest crypto whales are favoring longs rather than shorts, accumulating for what could be the next rally.
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.
Tether (USDT) News, Cryptocurrency News, News
Vini Barbosa has covered the crypto industry professionally since 2020, summing up to over 10,000 hours of research, writing, and editing related content for media outlets and key industry players. Vini is an active commentator and a heavy user of the technology, truly believing in its revolutionary potential. Topics of interest include blockchain, open-source software, decentralized finance, and real-world utility.
Vini Barbosa on X
2025-12-02 19:223d ago
2025-12-02 13:593d ago
The Tile Shop Expands Exclusive Collaboration With Designer Kelli Fontana, Adds New Patterned and Porcelain Tile Designs
MINNEAPOLIS, Dec. 02, 2025 (GLOBE NEWSWIRE) -- The Tile Shop, the Minnesota-based specialty retailer of natural stone and man-made tiles, today announced new additions to its exclusive collaboration with designer Kelli Fontana, expanding one of the retailer’s top-performing designer collections. Following strong customer demand for standout Kelli Fontana styles like Inlay Proper—the company’s current #1 best-selling patterned tile—the new Chain Reaction and Kloe designs offer fresh opportunities for expressive pattern, elevated texture, and artful installations across the home.
“I am so thrilled to continue growing my partnership with The Tile Shop,” says Fontana. “Chain Reaction and Kloe open the door to even more creativity—from romantic, heritage-inspired layouts to bold graphic moments. Seeing how customers bring their own personality to these tiles is endlessly inspiring.”
“The response to Kelli’s designs has been exceptional from the beginning,” said Kirsty Froelich, Director of Design and Product Development at The Tile Shop. “Her work is beautiful, soulful, and instantly recognizable. These latest additions reflect key trends we’re seeing—texture, pattern play, and elevated neutrals—and we’re excited to see how homeowners and designers use them to create layered, collected, and highly personal spaces.”
About the New Designs
Chain Reaction
Available colors: Pearl Beige and Black On Black
Inspired by high-end textiles and luxury fashion houses, the Chain Reaction marble mosaic makes a bold, dynamic statement. Polished marble “chains” interlock across a matte marble background to create a sense of movement, depth, and modern edge ideal for walls, floors, and backsplashes.
Kloe
Available colors: Ivory and In Bloom
Named after Fontana’s dog, Kloe is a 6" x 6" porcelain tile with soft ivory coloring, patina edging, and romantic, heritage-inspired character. The solid Ivory offers timeless simplicity, while the In Bloom design features a charcoal, non-directional floral pattern that repeats seamlessly across tiles. Each style stands beautifully on its own or can be paired for custom layouts.
Chain Reaction, Kloe, and all other styles from The Tile Shop x Kelli Fontana collaboration are available now at The Tile Shop’s 140 showrooms throughout the U.S. and online at tileshop.com/collection/kelli-fontana.
In addition to the Kelli Fontana collaboration, The Tile Shop’s portfolio of exclusive designer partnerships includes Alison Victoria, Laura Park, Jeffrey Alan Marks, Nikki Chu, and Nate Berkus (launching Fall 2026), as well as heritage brands Laura Ashley and Morris & Co.
ABOUT THE TILE SHOP
Tile Shop Holdings, Inc., is a leading specialty retailer of natural stone, man-made and luxury vinyl tiles, setting and maintenance materials, and related accessories in the United States. The Tile Shop offers a wide selection of high-quality products, exclusive designs, knowledgeable staff and exceptional customer service in an extensive showroom environment. The Tile Shop currently operates 140 stores in 31 states and the District of Columbia.
The Tile Shop is a proud member of the American Society of Interior Designers (ASID), National Association of Homebuilders (NAHB), National Kitchen and Bath Association (NKBA), and the National Tile Contractors Association (NTCA). For more information, visit tileshop.com. Join The Tile Shop (#thetileshop) on Instagram, TikTok, Facebook, Pinterest and YouTube.
ABOUT KELLI FONTANA
Kelli Fontana is Classic. Bold. Whimsical. These three components inhabit each of her designs in varying degrees. Her warm, harmonious and thoughtfully considered artistic approach has captured the attention of renowned clients—world-class athletes, business leaders, and industry tastemakers. With over two decades of experience, Kelli and her team specialize in the development of multi-faceted residential real estate projects across North America. Her work is regularly featured in industry media, design catalogs, and luxury home publications.
Learn more at kellifontana.co or follow along on Instagram at @kellifontana_.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb6005f7-d6a2-4ff9-bcf3-4cfe63666441
2025-12-02 19:223d ago
2025-12-02 13:173d ago
Mass Liquidations Hit XRP—Is a $2.3 Breakdown Next?
XRP fell after massive long liquidations, with no signs of increased short positions and $2.30 acting as a key resistance according to the analysis.
Large wallets dropped by 20.6% over eight weeks, but major holders increased their balances to 48 billion XRP, a seven-year high.
The $2.12 support level will define the next move, with a risk of further downside pressure if it fails to hold above it.
The crypto market is absorbing a new wave of volatility as XRP faces intense pressure from recent liquidations. The token’s sharp drop, triggered by a rapid clearing of long positions, has left traders questioning whether deeper losses could follow and whether $2.3 remains out of reach. The market’s reaction to long liquidations set the tone for XRP’s latest downturn.
$XRP has seen a significant liquidation of long positions.
And, during this process, not many new short positions have been formed.
The main short position resistance level remains around $2.3. pic.twitter.com/ZouwXvGiOy
— CW (@CW8900) December 2, 2025
Key Levels Shift as Liquidations Reshape Market Structure
XRP’s decline began after it traded in a narrow band between $2.10 and $2.20, breaking lower on December 1 as long positions were wiped out. Price hovered near $2.01 with a 1.9% daily loss and more than 9% on the week. The absence of new short positions suggests caution rather than aggressive bearish conviction.
Even with the sell-off, there has been no surge in short entries. Liquidity data shows no major build-up of shorts near current prices, reinforcing the idea that recent losses stemmed mostly from forced long exits. The $2.30 level remains the main resistance on the chart. Its persistent sell-side liquidity signals a barrier that price has not challenged since the drop.
Whale activity has added another dimension to the market narrative. Santiment data shows that 569 wallets holding over 100 million XRP exited this tier in the past eight weeks, a drop of 20.6%. The decline in large wallets contrasts with the rise in total holdings among those that remain.
Despite fewer whales, the remaining large holders now control 48 billion XRP, the highest in seven years. This consolidation suggests accumulation rather than distribution during the recent volatility. Large holders increasing their stakes hints at deeper conviction behind the scenes.
XRP continues to trade within its broader range of $1.80 to $3.80, now sitting near the midpoint. Traders are watching $2.12 closely, as a weekly close above it is considered vital for maintaining support. A failure to hold $2.12 could expose XRP to further downside pressure within its multi-year channel.
The current structure has pushed analysts to revisit broader sentiment, noting that XRP’s reaction to liquidations may reflect systemic fragility rather than isolated weakness. Market participants are weighing whether consolidation among major holders can offset short-term volatility. Growing uncertainty around leverage has intensified the focus on XRP’s next decisive move.
This backdrop leaves traders alert as volatility continues rising.
2025-12-02 19:223d ago
2025-12-02 13:253d ago
RedotPay Taps Ripple to Power “Send Crypto, Receive NGN” Cashouts in Nigeria
RedotPay partners with Ripple to allow Nigerian users to convert cryptocurrencies into naira and receive funds directly in local bank accounts within minutes.
The platform supports major digital assets at launch, including USDC, BTC, ETH, XRP, with RLUSD expected to be added later.
This service provides faster, affordable, and secure crypto-to-fiat transfers for verified users, addressing delays and high costs in traditional remittances.
RedotPay, a global fintech specializing in stablecoin-based payments, introduces “Send Crypto, Receive NGN” through its partnership with Ripple. Verified users can convert supported cryptocurrencies into Nigerian naira and receive funds in local bank accounts within minutes. At launch, the service supports USDC, USDT, Bitcoin, Ether, Solana, Tron, XRP, and BNB, while Ripple’s RLUSD is planned for future integration.
RedotPay Launches Instant NGN Crypto Cashouts
Michael Gao, RedotPay’s CEO, explained that the integration with Ripple Payments allows secure, near-instant crypto-to-fiat transactions. Users can send XRP or stablecoins and access NGN quickly, reducing friction in cross-border payments and making digital assets as convenient as local currency. The system also provides detailed transaction tracking, giving users clear visibility and control over their transfers.
Navigating Nigeria’s Complex Crypto Landscape
Nigeria ranks sixth globally in crypto adoption according to Chainalysis’ 2025 Global Adoption Index. Regulatory enforcement tightened in December 2024 when the Nigerian SEC filed an $81.5 billion lawsuit against Binance. Despite this, compliant crypto businesses continue operating without litigation, supported by government guidance.
RedotPay’s launch addresses inefficiencies in cross-border payments, where average remittance fees reach 6.49% and transfers can take up to five business days. Using Ripple’s blockchain infrastructure, the service delivers faster, transparent, and cost-efficient settlements while supporting a wide range of cryptocurrencies. The solution also integrates easily with existing banking infrastructure, making it practical for both new and experienced users.
Expanding Multi-Market Access
The feature complements RedotPay’s multi-market offerings, including “Send Crypto, Receive BRL” and “Send Crypto, Receive MXN.” Designed for freelancers, digital nomads, and overseas workers, the service facilitates convenient international transfers. Jack Cullinane, Ripple’s Commercial Director for Asia Pacific, noted that the partnership shows how Ripple Payments reduces costs and delays in global remittances while benefiting both businesses and consumers. The expansion reflects RedotPay’s broader commitment to accessible, fast, and reliable digital finance solutions.
By combining stablecoins with Ripple’s payment network, RedotPay improves access to financial services in emerging markets. “Send Crypto, Receive NGN” highlights how digital assets can become practical tools for everyday payments while supporting broader blockchain adoption across Nigeria and other regions.
TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) ("Colliers") announced today that its Board of Directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the "Common Shares") of US$0.15 per Common Share. This dividend is in accordance with the dividend policy of Colliers. The dividend is payable on January 14, 2026 to holders of Common Shares of record at the close of business on December 31, 2025. The dividend is an "eligible dividend" for Canadian income tax purposes.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With $5.5 billion in annual revenues, a team of 24,000 professionals, and $108 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
Forward-looking Statements
This press release includes forward-looking statements. Forward-looking statements include the Company’s financial performance outlook and statements regarding goals, beliefs, strategies, objectives, plans or current expectations. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Such factors include: economic conditions, especially as they relate to commercial and consumer credit conditions and consumer spending, particularly in regions where our business may be concentrated; commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions; trends in pricing and risk assumption for commercial real estate services; the effect of significant movements in average capitalization rates across different property types; a reduction by companies in their reliance on outsourcing for their commercial real estate needs, which would affect revenues and operating performance; competition in the markets served by the Company; the ability to attract new clients and to retain major clients and renew related contracts; the ability to retain and incentivize producers; increases in wage and benefit costs; the effects of changes in interest rates on the cost of borrowing; unexpected increases in operating costs, such as insurance, workers’ compensation and health care; changes in the frequency or severity of insurance incidents relative to historical experience; the effects of changes in foreign exchange rates in relation to the US dollar on the Company’s Canadian dollar, Euro, Australian dollar and UK pound sterling denominated revenues and expenses; the impact of pandemics on client demand for the Company’s services, the ability of the Company to deliver its services and the health and productivity of its employees; the impact of global climate change; the impact of political events including elections, referenda, trade policy changes, immigration policy changes, hostilities and terrorism on the Company’s operations; the ability to identify and make acquisitions at reasonable prices and successfully integrate acquired operations; the ability to execute on, and adapt to, information technology strategies and trends; the ability to comply with laws and regulations related to our global operations, including real estate and mortgage banking licensure, labour and employment laws and regulations, as well as the anti-corruption laws and trade sanctions; and changes in government laws and policies at the federal, state/provincial or local level that may adversely impact the business.
Additional information and risk factors are identified in the Company’s other periodic filings with Canadian and US securities regulators (which factors are adopted herein and a copy of which can be obtained at www.sedar.com). Forward looking statements contained in this press release are made as of the date hereof and are subject to change. All forward-looking statements in this press release are qualified by these cautionary statements. Except as required by applicable law, Colliers undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
COMPANY CONTACT:
Christian Mayer
Chief Financial Officer
(416) 960-9500