A major crypto whale shifted strategy, selling $132.57 million in Bitcoin and buying $140.2 million in Ethereum over two weeks, signaling renewed whale interest and confidence in Ethereum’s outlook ahead.
Ethereum’s price never came close to the $2,400–$2,500 range. Thanks to the recent market retracement, it managed to avoid falling further. The price is now facing strong resistance around 3,300 dollars, and for it to reach 3,800 dollars, it must break above the 3,300 dollars level.
Senator Cynthia Lummis plans to release a draft crypto market structure bill by week’s end, giving industry stakeholders and both parties time to review it before markup next week session. $BTC
rStocks from RemoraMarkets are now live on Loopscale via the FLP.r LP. Users can earn ~21.6% APY plus STEP rewards through the USDC vault or loop FLP.r for leverage.
Obol and DSRV Labs release a joint report on Ethereum’s ecosystem in South Korea, highlighting key builders, unique community dynamics, and the country’s strong readiness to shape Ethereum’s future.
Global trade is moving onchain as Blockticity and ASTM introduce ASTM D8558, a new global standard enabling fast verification of supply chain tracking, transparency, and product authenticity worldwide.
Key economic events this week include Tuesday’s September JOLTS job openings report, Wednesday’s December Fed rate decision and Powell’s press conference, and Thursday’s OPEC monthly report, initial jobless claims, and the U.S. 30-year bond auction.
Jamie Dimon warns Europe faces serious economic trouble, saying excessive regulation and poor policies have driven away businesses, investments, and innovation, weakening its competitiveness and long-term growth prospects.
I’ve spoken to many people about the altcoin season, and based on their responses, it’s clear that a lot of them do not expect an altcoin season anytime soon. One key reason is that altcoin season has failed to take off multiple times since 2020–2021, suggesting that the four-year bull cycle may no longer be realistic.