Solana Price Might Have Bottomed At $130: Data

Key takeaways: Solana’s rebound from its weekly support at $130 signals a potential price recovery to $250. An increase in open interest and spot demand signals the return of buyers into the market. Institutional demand for SOL rises with $390 million in cumulative ETF inflows, driven by investors’ excitement for future Solana ETF launches. Solana…

ETH Enters Buy Zone Under $3K as Liquidity Resets

Key takeaways: Ether’s 20% monthly decline has pushed it into a clear daily downtrend, retesting $3,000 for the first time since July. The Mayer Multiple falling below 1 signals a historically strong accumulation zone, resembling past bottoming phases. Leveraged liquidity has reset, but clusters at $2,900 and $2,760 warn of further volatility before a potential…

Cloudflare Outage, Bitcoin ETF Pain

Today in crypto, a Cloudflare outage temporarily blocked access to several cryptocurrency platforms and social media sites. A large cohort of spot Bitcoin exchange-traded fund (ETF) investors is underwater as Bitcoin dipped further below $90,000, while Bitwise’s Matt Hougan and BitMine’s Tom Lee have tipped a bottom this week. Crypto sites, social media channels hit…

Who actually drives the Santa rally?

Key takeaways Traditionally tied to the last five trading days of December and the first two of January, the Santa Rally now influences Bitcoin and major altcoins as seasonal optimism, low liquidity and renewed risk appetite shape year-end trading. With institutional desks quiet during the final week of December, even small retail trades can move…

Mastercard Brings Verified Crypto Aliases t=To Self-Custody via Polygon

Mastercard is expanding its Crypto Credential program to self-custody wallets, allowing users to send and receive cryptocurrencies using verified, username-style aliases instead of long wallet addresses. Polygon will be the first blockchain to support the rollout, while payments firm Mercuryo will handle identity verification and issue the aliases to users, according to a Tuesday press…

Brazil Eyes Taxing Cross-Border Crypto Payments, Aligns With CARF

Brazil is reportedly weighing a tax on the use of cryptocurrencies for international payments as it moves to adopt a global crypto tax reporting data exchange framework. A Tuesday Reuters report, citing “officials with direct knowledge of the discussions,” claims that the Brazilian government aims to tax cryptocurrency use for international payments. During the confidential…

BTC Futures Flips Negative Against Spot: What Does It Mean?

The Bitcoin futures-to-spot basis has fallen into negative territory, signaling a significant shift in trader sentiment toward de-risking. Futures are now trading below the spot price for the first time since March, erasing the premium that typically reflects strong demand for leverage. This transition into a futures discount phase suggested that Bitcoin (BTC) traders are…

Pantera-Backed, Web3 Startup Silent After Entity Claims 60% Of Airdrop

Web3 startup aPriori has gone quiet after fresh allegations over its latest token airdrop, as onchain analysts flag unusually concentrated distribution patterns. About 60% of the recent aPriori (APR) token airdrop was claimed by a single entity across 14,000 interconnected cryptocurrency wallets, according to blockchain analytics platform Bubblemaps. The wallets were freshly funded through crypto…

Solana (SOL) Rises 5.8%, Leading Index Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2947.42, up 1.5% (+43.33) since 4 p.m. ET on Monday. Sixteen of 20 assets are trading higher. Leaders: SOL (+5.8%) and APT (+5.3%). Laggards: ICP (-3.0%) and BCH (-1.7%)….

El Salvador Claims $100M BTC Dip Buy Despite IMF Deal

El Salvador, the first country to adopt Bitcoin as legal tender, says it has bought more than $100 million in BTC despite pledging to the International Monetary Fund (IMF) to limit public exposure to the asset as part of a loan agreement. According to data from El Salvador’s Bitcoin Office, the government acquired 1,090 Bitcoin…