Author: James Wilson
Ethereum is retesting key resistance after a correction, with analysts eyeing the December 3 Fusaka upgrade as a potential catalyst for a rally and higher dominance Summary Ethereum failed to reclaim a major resistance zone this week, keeping the risk of printing a new low elevated despite a short‑term bounce. Analysts argue the December 3 Fusaka upgrade, the largest since The Merge, could mirror the post‑Pectra rally if it boosts rollup data availability. Market watchers highlight repeated wave patterns, a potential btc pair breakout, and consolidating dominance as signals of a possible upcoming upside move. Ethereum attempted to recover from…
Australia introduces a digital assets framework bill to license crypto platforms under asic, aiming to protect consumers and boost market confidence. Summary Government bill would force most digital asset and tokenized custody platforms to obtain an afsl and comply with asic oversight and conduct rules. Framework adds tailored licensing thresholds, exempting low-volume platforms while aligning larger players with traditional financial services regimes. Officials argue clearer rules will reduce risks exposed by past exchange failures and attract domestic and global crypto businesses to Australia. Australia’s government tabled legislation in Parliament on Nov. 27, 2025, aimed at regulating digital asset platforms and…
Altcoins shed over $1T in November as TOTAL3 dumped and capital rotated into stablecoins, but multiple analysts argue this looks like late-stage altcoin bear conditions before the next expansion phase. Summary TOTAL3 shows heavy capital outflows from altcoins into stablecoins after Bitcoin weakness, with November wiping out most of the year’s gains. Michaël van de Poppe and others frame this as the end of the altcoin bear, not the macro bull, noting business-cycle differences from the classic four-year Web3 pattern. Despite many coins halving, leaders like Binance’s token, Hyperliquid, and Avalanche have outperformed, while some analysts do not expect a…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When the Movement Foundation (MOVE) token plunged nearly 20% earlier this year, following a market‑maker orchestrated a $38 million dump, it left retail holders underwater, and the industry reacted as if it had uncovered a bombshell scandal. Coinbase swiftly delisted the token, Binance froze the profits, and the project’s founders scrambled to distance themselves as the media churned out articles detailing the debacle. Summary Market makers wield outsized, opaque power through “loan + call option” agreements that incentivize…
Kaspa price is showing signs of a full bullish reversal from its long downtrend after it broke out of a key descending trendline that has kept its price in check for months. Summary Kaspa price has climbed 40% in the past week. Whales have bought the recent dip in KAS token. Multiple bullish reversal patterns have been confirmed on the daily chart. Kaspa (KAS) has rallied over 40% in the past seven days to an intraday high of $0.061 on Thursday, Nov. 27, its highest level since mid‑October. Trading at $0.059 at press time, the PoW cryptocurrency still sits 48%…
Tether has reportedly confirmed its intention to cease its operations based in Uruguay. According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of its 38-member team, leaving only a skeleton crew behind. Summary Tether informed Uruguay’s Ministry of Labor that it will cease local operations. The company has laid off 30 members of staff. Uruguay’s high power tariffs reportedly made Tether’s bitcoin mining operations unsustainable. Tether’s decision to pull the plug on its…
Chainlink price is close to a breakout from a bullish reversal pattern as hype surrounding the launch of its spot ETFs continues to build across the broader market. Summary Chainlink price is down 26% over the past month. Community hype surrounding upcoming spot ETF launches has renewed demand from whales. A bullish reversal pattern has formed on the daily chart. According to data from crypto.news, Chainlink (LINK) rallied for the fifth straight day on Thursday, Nov. 27, and rose nearly 3% over the last 24 hours. Trading at $13.43 when writing, the token still remains 25.8% below where it last…
Solana price is holding a key multi-month support zone around $143 after weeks of decline, with neutral momentum and analysts watching for either a relief bounce or a breakdown toward lower supports. Summary Solana price rebounded from a multi-year demand band where buyers have repeatedly defended price, but it still trades below key moving averages and a major volume node. Analyst DaanCrypto argues the downtrend may be nearing exhaustion, highlighting current support as a major high-timeframe level and mapping nearby resistance and liquidity pockets as first upside targets. Technical analysts say holding $143 opens a path toward higher resistance zones,…
SpaceX moved 1,163 BTC worth about $105m to a new Coinbase Prime-linked wallet after years of dormancy, trimming on-chain holdings to 6,095 BTC as analysts flag a custody reshuffle, not a sale. Summary SpaceX transferred 1,163 BTC to a new wallet likely tied to Coinbase Prime, following a similar 1,215 BTC move in October. The firm’s wallet, inactive for three years until July 2025, now holds 6,095 BTC, down from a peak of about 25,000 BTC in 2022. Analysts see the transactions as custody reorganization rather than liquidation, while Tesla still holds 11,509 BTC amid Bitcoin’s market rebound. SpaceX transferred…
Pi Network struck a strategic partnership and investment deal with CiDi Games to build Pi-integrated titles, deepen token utility, and make gaming a core pillar of its ecosystem. Summary CiDi Games will build Pi-integrated games for tens of millions of Pioneers to drive daily engagement and on-chain activity. The move uses Pi Network Ventures’ $100m arm and builds on prior hackathons, dev tooling, and Pi Ad Network monetization. Gaming is framed as a natural fit with Pi’s social, verified user base, aiming to expand token use cases and feedback loops. Pi Network announced a strategic partnership and investment agreement with…