Ethereum trades near $3,065 with $30B volume after it tested the $2,800 support; high leverage and falling open interest signal volatility ahead. Ethereum (ETH) is trading at around $3,065, with a 24-hour trading volume of $30 billion. The price has climbed 9% in the last day and 4% over the past week. ETH is now sitting near a key level that could decide its short-term direction, as traders keep a close eye on $2,800. $2,800 Support May Define the Next Trend Crypto analyst CryptosRus said, “$ETH is sitting right…
Day: December 3, 2025
BlackRock moves $135M in Ethereum to Coinbase Prime
Key Takeaways BlackRock transferred $135 million in Ethereum to Coinbase Prime, signaling ongoing institutional crypto activity. The move is likely related to operations and rebalancing for BlackRock’s spot Ethereum ETF. Share this article BlackRock, the investment management giant, moved 44,140 Ethereum worth around $135 million in Ethereum to Coinbase Prime today. The transfer represents the latest on-chain activity involving the asset manager’s crypto operations. BlackRock oversees spot Bitcoin and Ethereum exchange-traded funds, focusing on integrating crypto into traditional investment portfolios. The firm has been actively depositing Bitcoin and Ethereum into…
Gary Gensler Labels All Crypto Except Bitcoin Highly Volatile
Former US Securities and Exchange Commission Chair Gary Gensler renewed his warning to investors about the risks of cryptocurrencies, calling most of the market “highly speculative” in a new Bloomberg interview on Tuesday. He carved out Bitcoin (BTC) as comparatively closer to a commodity while stressing that most tokens don’t offer “a dividend” or “usual returns.” Gensler framed the current market backdrop as a reckoning consistent with warnings he made while in office that the global public’s fascination with cryptocurrencies doesn’t equate to fundamentals. “All the thousands of other tokens,…
Bitcoin Absorbs $732B in New Capital in ‘Institutionally Anchored’ Cycle
Bitcoin (BTC) rose on Wednesday, gaining 7.5% over the last 24 hours to trade above $93,000, as analysts expected new highs. This comes amid record capital inflows, rising realized cap and decreasing volatility, which suggested a changing market structure, according to a new joint report from Glassnode and Fanara Digital. Key takeaways: Bitcoin has attracted a record $732 billion in new capital since the 2022 cycle low. Breaking the resistance at $93,000 is crucial for sustaining the recovery. BTC/USD hourly chart. Source: Cointelegraph/TradingView Bitcoin attracts $732 billion in new capital…
Massive Double-Digit Gains From These Alts as BTC Tapped a 2-Week Peak: Market Watch
SUI has surged the most over the past 24 hours. Monday’s price correction for BTC didn’t last long as the asset exploded by roughly $10,000 to reach $94,000 earlier today. The altcoins have performed even more impressively since then, and the total crypto market cap has added around $200 billion since the weekly low. BTC Soars $10K The primary cryptocurrency managed to break through $90,000 at the end of the previous business week after it was crushed in mid-November to under $81,000. It peaked at over $93,000 on Friday,…
Cayman Islands Sees Rise in Foundation Company Registrations
New figures reveal a 70% year-on-year increase in Cayman Islands foundation company registrations, with more than 1,300 on the books at the end of 2024, and over 400 new registrations already in 2025. These structures are increasingly being used as legal wrappers for decentralized autonomous organizations (DAOs) and as ecosystem stewards for major Web3 projects. According to a press release from Cayman Finance, many of the world’s largest Web3 projects are now registered in the Cayman Islands, with at least 17 foundation companies with treasuries over $100 million. Why DAOs…
Further and 3iQ Launch $100M Bitcoin-Denominated Crypto Fund
United Arab Emirates-based digital asset manager Further Asset Management has partnered with Canadian crypto investment firm 3iQ to launch a $100 million hedge fund targeting institutional investors seeking structured exposure to cryptocurrencies, including a Bitcoin-denominated share class that reinvests gains directly into BTC. According to a Wednesday announcement, the Further x 3iQ Alpha Digital Fund is a market-neutral, multi-strategy vehicle designed to deliver risk-managed exposure to liquid crypto markets under an institutional framework. The fund was seeded with capital from institutional investors, family offices and sovereign backers. “We’re providing institutional-grade,…
USDe Drops 24% in November As Fiat-Backed Stablecoins Gain Ground
Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins like USDT, USDC and PYUSD attracted billions in inflows. CoinGecko data showed that Ethena’s USDe stablecoin fell from a market capitalization of $9.3 billion on Nov. 1 to a valuation of $7.1 billion on Nov. 30. The token saw roughly $2.2 billion in redemptions, marking a 24% decline in supply in November. Ethena’s USDe is a synthetic stablecoin that maintains its dollar peg through trading strategies with crypto and futures contracts rather than holding actual…
Crypto Exchange Regulation 2025: Licenses and Compliance Guide
Crypto exchange regulations took shape in 2025 after years of uncertainty and a “lawmaking through enforcement” approach by authorities. In most jurisdictions, retail and institutional adoption was a major driver, while others cited the need to protect investors against growing losses. This prompted new legislation, accelerated the enforcement of existing laws, and brought markets closer to traditional finance. Currently, crypto exchanges and their promoters are required to obtain regulatory approval for licenses and financial disclosures. This article looks into how much the regulatory space has evolved, recent developments in the…
Bitcoin trader Paper Losses Peak, ETF Selling Not To Blame: Analysts
Bitcoin may be nearing a make-or-break point as short-term traders sit on the steepest unrealized losses of the current bull cycle. Short-term Bitcoin (BTC) traders who have held BTC between one to three months have been sitting on losses ranging from 20% to 25% for over two weeks, marking the highest pain point of the current market cycle, according to CryptoQuant analyst Darkfrost. “Once a large portion of them has capitulated, as we have seen in recent weeks, that is usually when the opportunity to accumulate becomes interesting,” he wrote…