Author: John Smith

Crypto prices today saw modest gains in what the market views as the start of a recovery from November’s sharp pullback. Summary The crypto market is showing recovery, with Bitcoin above $90,000 and major altcoins gaining. Fed rate cut expectations, a technical reset, and global trade optimism lifted investor confidence. On-chain metrics indicate potential stabilization, with whales accumulating and leverage declining. The total crypto market capitalization rose 3.6% to $3.2 trillion, supported by gains across major assets. At press time, Bitcoin traded at $91,404, up 4.6% in the past 24 hours. BNB reached $895, up 3.6%, XRP traded at $2.20,…

Bitcoin surpassed $90,000 on Wednesday and held the breakout, despite volatility across the broader crypto market. Summary Technical indicators show BTC trading below key moving averages, suggesting the broader trend remains under pressure, according to chart analysis. Market observers report that short-term buying pressure has not been sufficient to sustain breakouts above resistance levels. The cryptocurrency market remains in a reactive trading phase Price advances followed by rapid reversals Technical indicators show Bitcoin (BTC) trading below key moving averages, suggesting the broader trend remains under pressure, according to chart analysis. Source: CoinGecko The 14-day Relative Strength Index indicates the cryptocurrency…

Ethereum tried to break through a key resistance level this week, only to be politely shown the door once more. Summary ETH has fallen by over 26% in November. Large holders increased positions while smaller traders trimmed theirs, showing diverging strategies amid market uncertainty. Whether the Fusaka network upgrade on December 3 propels the asset upward remains to be seen. At last check, the asset is down over 26% for the month. See below. Source: CoinGecko The cryptocurrency flirted with its upper trading band, buoyed by fresh flows into Ethereum ETFs and some whale wallet shuffling, but the price couldn’t…

PayPal has announced a cryptocurrency sweepstakes offering Bitcoin prizes to customers in the U.S., the company stated. Summary PayPal launches its first U.S. cryptocurrency sweepstakes. Entry is tied to crypto transactions, with users earning one entry per transaction (up to 10 per week). Promotion aims to boost crypto adoption, leveraging PayPal’s existing platform that supports six cryptocurrencies. The promotion will award one top Bitcoin prize, five substantial Bitcoin prizes, and 162 smaller Bitcoin amounts to participants, according to the company’s announcement. Prizes will be distributed weekly through December 21. Users receive one entry for each cryptocurrency transaction completed on the…

Ark Invest is buying the dip on some of the most significant blockchain stocks, including those of Block, Circle, and Coinbase. Summary Ark Invest disclosed $93 million in share buys, including crypto firms Cathie Wood’s fund bought Block, Circle, Coinbase and Bullish stocks Crypto stocks often underperform crypto during bear markets Crypto-linked stocks are coming under renewed pressure as market liquidity tightens and investor risk appetite weakens. Still, some investors are going long, including Cathie Wood’s Ark Invest. On Tuesday, November 25, the firm expanded its exposure to some of the most extensive crypto stocks, including Block, Circle and Coinbase.…

The S&P 500 Index and its top ETFs, like the VOO and SPY, have already jumped by 16% this year, and analysts at JPMorgan expect they may soon surge by 20% by 2027 as tailwinds rise. Summary Analysts at JPMorgan believes that the S&P 500 Index has more upside in 2026. The analysts see the index jumping to $7,600 in 2026 and $8,200 in 2027. Other Wall Street analysts are highly bullish on the index and its ETFs like SPY and VOO. The S&P 500 Index was trading at $6,830 on Wednesday, after rising by 41% from the lowest level…

Zcash’s price has lost momentum and crashed by 32% from its year-to-date high, and technicals point to more downside despite major news from Grayscale. Summary Zcash price has dropped by 32% from its highest level this year. Grayscale has filed to convert the ZEC trust into an exchange-traded fund. Technical analysis suggests that the token will have more downside. Zcash (ZEC), a top player in the privacy industry, was trading at $503 on Wednesday, Nov. 26, bringing its market capitalization to $8.29 billion from the year-to-date high of $11.4 billion. Zcash price dropped even as after Grayscale filed the S-3…

Starknet’s v0.14.1 upgrade brings faster blocks, BLAKE hash, and JSON-RPC improvements; STRK token still trades near multi-week lows after major changes. Summary Starknet’s v0.14.1 upgrade transitions the network to the BLAKE hash family, following SNIP-34 for better proof efficiency and developer cost reductions. The upgrade introduces logic for faster block closure during low activity and enhances JSON-RPC formatting for improved tooling and indexers. Despite infrastructure advances, STRK token price remains depressed, underperforming the broader crypto market per CoinGecko and DeFiLlama data. Starknet deployed its v0.14.1 mainnet upgrade on November 25, according to an announcement from StarkWare, the development company behind…

Bitcoin hovers below recent highs after a modest bounce, with mixed technical signals and fading gains across leading cryptocurrencies this week. Bitcoin, ethereum, and ripple opened the week stronger but lost momentum, with bitcoin trading below key resistance near $86,000. Technical indicators suggest near-term uncertainty: RSI moved up from oversold, while MACD points to ongoing buyer activity. Coinbase UK’s CEO notes increased institutional involvement and pilot programs in Europe, yet medium-term bitcoin outlook stays optimistic. Bitcoin declined slightly over the past 24 hours, trading below recent highs around $86,000, according to market data. The cryptocurrency found support at psychological price…

Kakaobank is developing a won-pegged stablecoin, hiring blockchain talent, and preparing for security token offerings amid South Korea’s new legislation. Kakaobank is building blockchain infrastructure for a “Kakao Coin” stablecoin and hiring backend developers with smart contract expertise. The bank plans to launch security token offerings (STO), partnering with Korea Investment & Securities and Lucent Block. New South Korea laws pave the way for STO market growth, while rivals Naver and Dunamu advance their own stablecoin and digital wallet strategies. South Korean digital bank KakaoBank has entered the development phase for a won-pegged stablecoin called “Kakao Coin,” according to local…