Ethereum’s price failed to continue higher above $3,300 and started a downside correction, much like its older sibling Bitcoin. ETH dipped below $3,240 and $3,220, officially entering a bearish zone. Bears are cute, but not when they’re eating your investments. 🐻
Lo, the on-chain data doth reveal a tale most intriguing! 📜 A recent analysis by CryptoOnchain, armed with CryptoQuant’s wisdom, proclaimeth a surge in thy network’s activity. The 7-day moving average of transactions hath leapt to 870,000, a veritable 45% increase from the meager 600,000 of yore. 🏇 This, dear reader, is no fleeting fancy but a sign of robust network usage, as though the Ethereum ecosystem hath awakened from its slumber! 🌱
This upgrade, a masterstroke in the grand opera of blockchain scalability, ensures transactions zip along faster than a P.G. Wodehouse plot twist. With user activity bustling like a London Underground on a rainy Tuesday, BNB Chain now struts its stuff as the toast of the crypto town. 🎩✨
🎭 Oh, the drama! The U.S. Senate is prepping a crypto bill that’ll slap rules on everything from stablecoins to DeFi, with a markup set for January 15, 2026. Mark your calendars, folks-it’s gonna be a circus! 🎪
Lo and behold! The FRNT stablecoin hath found its way onto the esteemed Kraken exchange, traversing the noble Solana (SOL) network on its inaugural day of trading. One might imagine it as a spirited horse racing across the plains, unburdened by the constraints of lesser chains. Indeed, FRNT may also be found ambling through Arbitrum (ARB), Base, Ethereum (ETH), Optimism (OP), and Polygon (POL), all facilitated by the dashing Stargate Finance. 🌟
Prices rose like morning mist, sure. But the blockchain? Quiet as a church mouse in a gold mine. The Value Days Destroyed metric-some Wall Street suit’s idea of a “sentiment indicator”-had dropped lower than a snake’s belly in a hailstorm. Folks were holding their coins like they’d hold a lit stick of dynamite. Or maybe they’d just run out of matches.
Imagine, if you will, a world where Brazil’s Selic rate soars to a staggering 15%, the highest since the halcyon days of 2006. Volpon’s CF Inovação, with a flourish of its digital wand, aims to captivate large financial institutions, offering them a ticket to Brazil’s high-yield debt via a token. How très chic! 🎩
Ethereum (ETH), once the darling of the crypto world, now looks like a kid who’s lost its balloon. Failing to reclaim the $3,300 resistance zone, it’s like watching a soap opera where the hero just can’t catch a break. What seemed like a bullish breakout turned into a comedy of errors, with the price tumbling back below resistance faster than a politician’s promises. 🧢
In a year-end report, Kucoin proclaimed that privacy coins were the stars of the crypto show last year, with ZEC, XMR, and DASH leading the pack. ZCash’s ZEC soared 861%, Monero’s XMR climbed 123%, and Dash’s DASH nudged up 12%. Not too shabby, eh? 🚀
We would like to extend our deepest gratitude to our contributors for their time and invaluable insights: Fernando Lillo Aranda, Marketing Director at Zoomex, who brings a sharp, cinematic perspective on the hidden forces of the market. Griffin Ardern, Head of BloFin Research & Options Desk, whose deep dive into macroeconomics and derivatives provides a masterclass in risk management. Vivien Lin, Chief Product Officer and Head of BingX Labs, who offers a visionary look at how AI and maturing infrastructure are reshaping user behavior. 🧠🤖