Zcash climbed through $1,000 while Bitcoin briefly traded above $82,000 after a softer signal from Federal Reserve Governor Christopher Waller drew buyers back to risk assets. The move lifted the wider crypto market to its highest valuation in more than seven months, although strong US employment data later cooled the rally.
The ETH/USD pair continues to form a medium-term bearish trend, but since last week the price has stabilized in a sideways range of 3125.00–2980.00 (Murray level [2/8], 50.0% Fibonacci correction, the middle line of Bollinger Bands), where it remains currently.
USPD has published a recovery roadmap following the December 4 exploit that allowed an attacker to mint 98 million USPD and drain about $1 million in stETH from the protocol. The team said the incident was caused by a hidden proxy deployment, and announced that USPD V1 is permanently shut down. A full rebuild, compensation model and a new V2 release are now planned for early 2026.
The SOL/USD pair continues to trade within a medium-term bearish trend, forming a descending channel. At the moment, a resistance level has formed at 125.00 (Murray level [5/8]), which the price has been unable to break for several weeks. If this resistance continues to hold, the downward movement is likely to resume toward the 100.00 area (Murray level [4/8]) and 75.00 (Murray level [3/8]). However, if the price breaks above 165.70 (38.2% Fibonacci correction), the asset may exit the descending channel and continue toward 200.00 (Murray level [8/8], 61.8% Fibonacci correction) and 250.00 (Murray level [+2/8]).
Ethereum is on the verge of one of its most important steps forward. The activation of the Fusaka upgrade could become a defining moment for the entire network. Here is everything you need to know.
This week, the XRP/USD pair showed mixed performance, similar to the cryptocurrency market as a whole: on Monday, amid cascading liquidations, the price dropped toward 1.9840 but then recovered and is currently trading near 2.2000.
The ETH/USD pair is forming a downward trend, correcting against the long-term move: by now, the price has left the descending channel after breaking through its lower boundary and has started testing the support area at 2812.50–2720.00 (Murray level [1/8], 61.8% Fibonacci retracement). After a firm consolidation below this area, a decline toward 2187.50 (Murray level [–1/8]) and 1875.00 (Murray level [–2/8]) becomes likely. A consolidation above the resistance area at 3437.50–3540.00 (Murray level [3/8], 38.2% Fibonacci retracement, upper Bollinger Band) would allow the price to reverse the current trend and move toward 4062.50 (23.6% Fibonacci retracement, Murray level [5/8], upper boundary of the descending channel), 4687.50 (Murray level [7/8]) and 5000.00 (Murray level [8/8]).
BitMine took advantage of the market correction and purchased nearly 100,000 ETH, bringing its holdings to more than three percent of the entire circulating Ethereum supply.
Bitwise has submitted an updated application to the U.S. Securities and Exchange Commission (SEC) to launch a spot Avalanche ETF, placing a strong emphasis on staking and yield generation. The filing uses the ticker BAVA, and the fund’s structure allows up to 70% of its AVAX holdings to be deployed in staking.
Ripple has announced that its US dollar-backed stablecoin, RLUSD, has been officially granted the status of an Accepted Fiat-Referenced Token within the Abu Dhabi Global Market (ADGM). The approval was issued by the Financial Services Regulatory Authority (FSRA), allowing licensed market participants to use RLUSD for regulated activities in full compliance with local requirements. This decision adds fresh momentum to Ripple’s strategy of expanding its stablecoin footprint across the Middle East.
This week, the SOL/USD pair is correcting toward a medium-term downtrend, trading around 142.96 (the middle Bollinger Band, 23.6% Fibonacci retracement) amid expectations of changes to the U.S. Federal Reserve’s interest rate policy.
BitMine, an Ethereum-focused company founded by Tom Lee, has acquired 70,000 ETH worth around 20 million USD. However, the well-known “Ethereum bull” is now facing a serious problem.