1 hour ago
Cryptocurrency markets saw different week of consolidation pursuing past week’s long-awaited marketplace recovery.
While Bitcoin (BTC) remained supra the cardinal $90,000 intelligence level, capitalist sentiment continued to beryllium dominated by “fear,” with a marginal betterment from 20 to 25 wrong the week, according to CoinMarketCap’s Fear & Greed index.
In the wider crypto space, the Ether (ETH) treasury commercialized appears to beryllium unwinding, arsenic the monthly acquisitions by Ethereum integer plus treasuries (DATs) fell 81% successful the past 3 months from August’s peak.
Still, the biggest firm Ether holder, BitMine Immersion Technologies, continued to amass ETH, portion different treasury firms carried connected with their fundraising efforts for aboriginal acquisitions.
Fear & Greed index, all-time chart. Source: CoinMarketCapInvestors are besides awaiting the cardinal involvement complaint determination during the US Federal Reserve’s upcoming gathering connected Wednesday to supply much cues astir monetary argumentation starring into 2026.
Markets are pricing successful an 87% accidental of a 25 ground constituent involvement complaint cut, up from 62% a period ago, according to the CME Group’s FedWatch tool.
Interest complaint chopped probabilities. Source: CMEgroup.comEthereum treasury commercialized unwinds 80% arsenic fistful of whales predominate buys
The Ethereum treasury commercialized appears to beryllium unwinding arsenic monthly acquisitions proceed to diminution since the August high, though the largest players proceed to scoop up billions of the Ether supply.
Investments from Ethereum DATs fell 81% successful the past 3 months, from 1.97 cardinal Ether successful August to 370,000 ETH successful November, according to Bitwise, an plus absorption firm.
“ETH DAT carnivore continues,” wrote Max Shennon, elder probe subordinate astatine Bitwise, successful a Tuesday X post.
Despite the slowdown, immoderate companies with stronger fiscal backgrounds continued to accumulate the world’s second-largest cryptocurrency oregon rise funds for aboriginal purchases.
Source: Max ShennonBitMine Immersion Technologies, the largest firm Ether holder, accumulated astir 679,000 Ether worthy $2.13 cardinal implicit the past month, completing 62% of its people to accumulate 5% of the ETH supply, according to information from the Strategicethreserve.
BitMine holds an further $882 cardinal worthy of currency according to the information aggregator, which whitethorn awesome much incoming Ether accumulation.
Top firm Ether holders. Source: Strategicethreserve.xyzCitadel causes uproar by urging SEC to modulate DeFi tokenized stocks
Market shaper Citadel Securities has recommended that the US Securities and Exchange Commission tighten regulations connected decentralized concern regarding tokenized stocks, causing backlash from crypto users.
Citadel Securities told the SEC successful a letter connected Tuesday that DeFi developers, smart-contract coders, and self-custody wallet providers should not beryllium fixed “broad exemptive relief” for offering trading of tokenized US equities.
It argued that DeFi trading platforms apt autumn nether the definitions of an “exchange” oregon “broker-dealer” and should beryllium regulated nether securities laws if offering tokenized stocks.
“Granting wide exemptive alleviation to facilitate the trading of a tokenized stock via DeFi protocols would make 2 abstracted regulatory regimes for the trading of the aforesaid security,” it argued. “This result would beryllium the nonstop other of the “technology-neutral” attack taken by the Exchange Act.”
Citadel’s letter, made successful effect to the SEC looking for feedback connected however it should attack regulating tokenized stocks, has drawn sizeable backlash from the crypto assemblage and organizations advocating for innovation successful the blockchain space.
Arthur Hayes warns Monad could clang 99%, calls it high-risk “VC coin”
Crypto seasoned Arthur Hayes has issued a informing implicit Monad, saying the precocious launched layer-1 blockchain could plunge arsenic overmuch arsenic 99% and extremity up arsenic different failed experimentation driven by task superior hype alternatively than existent adoption.
Speaking connected Altcoin Daily, the erstwhile BitMEX main described the task arsenic “another precocious FDV, low-float VC coin,” arguing that its token operation unsocial puts retail traders astatine risk. FDV stands for Fully Diluted Value, which is the marketplace worth of a crypto task if each its tokens were already successful circulation.
According to Hayes, projects with a ample spread betwixt FDV and circulating proviso often acquisition aboriginal terms spikes, followed by heavy selloffs erstwhile insider tokens unlock. “It’s going to beryllium different carnivore chain,” Hayes said, adding that portion each caller coin gets an archetypal pump, that does not mean it volition make a lasting usage case.
Hayes said astir caller layer-1 networks yet fail, with lone a fistful apt to clasp semipermanent relevance. He identified Bitcoin, Ether, Solana (SOL) and Zcash (ZEC) arsenic the tiny radical of protocols helium expects to past the adjacent cycle.
Last year, Monad raised $225 cardinal successful funding from task superior steadfast Paradigm. The layer-1 blockchain went unrecorded connected Monday, accompanied by an airdrop of its MON token.
Monad’s MON token up 40% since launch. Source: CoinMarketCap$25 cardinal crypto lending marketplace present led by “transparent” players: Galaxy
The crypto lending marketplace has go much transparent than ever, led by the likes of Tether, Nexo and Galaxy, and has conscionable deed an aggregate indebtedness publication of astir $25 cardinal outstanding successful the 3rd quarter.
The size of the crypto lending marketplace has accrued by much than 200% since the opening of 2024, according to Galaxy Research. Its latest 4th puts it astatine its highest since its highest successful Q1 2022.
However, it has yet to instrumentality to its highest of $37 cardinal astatine that time.
The main quality is the fig of caller centralized finance lending platforms and overmuch much transparency, said Galaxy’s caput of research, Alex Thorn.
Thorn said connected Sunday that helium was arrogant of the illustration and the transparency of its contributors, adding that it was a “big alteration from anterior marketplace cycles.”
The crypto lending scenery has seen galore caller platforms successful the past 3 years. Source: Alex ThornPortal to Bitcoin raises $25 cardinal and launches atomic OTC desk
Bitcoin-native interoperability protocol Portal to Bitcoin has raised $25 cardinal successful backing amid the motorboat of what it describes arsenic an atomic over-the-counter (OTC) trading desk.
According to a Thursday announcement shared with Cointelegraph, the institution raised $25 cardinal successful a circular led by integer plus lender JTSA Global. The fundraise follows erstwhile investments by Coinbase Ventures, OKX Ventures, Arrington Capital and others.
Alongside the caller funding, the institution rolled retired its Atomic OTC desk, promising “instant, trustless cross-chain colony of ample artifact trades.” The recently deployed work is reminiscent of crosschain atomic swaps offered by THORChain, Chainflip, and much Bitcoin-focused systems specified arsenic Liquality and Boltz.
What sets Portal to Bitcoin isolated is its absorption connected the Bitcoin-anchored crosschain OTC marketplace for institutions and whales, on with its tech stack. “Portal provides the infrastructure to marque Bitcoin the colony furniture for planetary plus markets, without bridges, custodians, oregon wrapped assets,” said Chandra Duggirala, laminitis and CEO of Portal.
Portal to Bitcoin squad members, from near to right: co-founder and main exertion serviceman Manoj Duggirala, laminitis and CEO Chandra Duggirala, and co-founder George Burke. Source: Portal to BitcoinDeFi marketplace overview
According to information from Cointelegraph Markets Pro and TradingView, astir of the 100 largest cryptocurrencies by marketplace capitalization ended the week successful the red.
The Canton (CC) token fell 18%, marking the week’s biggest diminution successful the apical 100, followed by the Starknet (STRK) token, down 16% connected the play chart.
Total worth locked successful DeFi. Source: DefiLlamaThanks for speechmaking our summary of this week’s astir impactful DeFi developments. Join america adjacent Friday for much stories, insights and acquisition regarding this dynamically advancing space.
English (US) 