Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates
Ethereum price fell below the $2,800 level after a sudden and sharp decline, deepening panic across the market and reinforcing the feeling that the bulls have lost control. The recent decline has pushed investors into a defensive mode, with some analysts now openly discussing the possibility of a broader bear market. Selling pressures have intensified across spot and derivatives markets, and volatility continues to rise as traders struggle to identify a reliable support area. Related reading A new CryptoQuant report from Darkfost highlights one of the most worrying developments: open interest for Ethereum on Binance has been steadily collapsing for…
Would A 30% Bitcoin Price Crash Be Devastating For Tether’s USDT? Here’s The Truth
Reliable editorial Content, reviewed by leading industry experts and seasoned editors. Advertisement disclosure Tether, USDT issuerhas long been considered one of the most stable assets in the cryptocurrency market, but a recent report suggests that Collapse in the price of Bitcoin It could jeopardize the solvency of the stablecoin. Arthur Hayes, co-founder and CIO of BitMEX, revealed that a portion of USDT reserves are allocated to Bitcoin, which could expose it to increased market volatility. Bitcoin price collapse threatens USDT stability In a recent report subscriber At X earlier this week, Hayes outlined market risks that could have a devastating…
Arca CIO Jeff Dorman Flags ‘Unexplained’ Crypto Selloff Despite Bullish Macro
Digital asset markets continued to slide into early December, with Jeff Dorman, IT director at Arca, arguing in a new note that the sell-off defies conventional explanations despite supportive macro conditions. Cryptocurrency prices continue to fall even as odds of interest rate cuts rise A renewed decline in digital assets has left analysts scratching their heads, with Arca co-founder and chief investment officer Jeff […]
RedotPay Launches NGN Crypto Cashouts via Ripple
RedotPay has teamed up with Ripple to launch “Send Crypto, Receive NGN,” a new feature that allows users to convert digital assets into Nigerian Naira and receive funds into local bank accounts within minutes. The service is built on top of Ripple Payments and supports a basket of major currencies at launch, including USDC (US dollars), usdt(USDT), Bitcoin (Bitcoin), ether (Ethereum), Solana (Sol), you can see (TRX), Ripple (XRP) and BNB (BNB Bank), with the ripple of the US dollar (RLUSD) Expected to be added later, Ripple He said In Tuesday’s announcement. “RedotPay is building stablecoin-based payments that make digital…
Ethena’s price action issues ‘warning’ as ENA repeats June 2025 pattern
Athens [ENA] It fell to a low of $0.235 on Monday after Bitcoin [BTC] It temporarily fell below the $84,000 level. Since then, Bitcoin has risen 3% in 12 hours, but ENA is only up 1.28% over the same period. This could be a warning of a lack of relative strength and the absence of Ethena buyers in the market. Sentiment appeared tepid at best, and losses seemed more likely than any meaningful recovery in the short term. The two time frames – mapping where Athens stands Source: ENA/USDT on TradingView ENA has returned to the $0.238 support level it…
Nine Token Unlocks Scheduled Dec. 1–7: Sui, Ethena, CAPX Top the List
Phoenix set on Monday published A compact but eye-catching chart titled “Upcoming Major Tokens,” points to a busy first week of December 2025 for several notable cryptocurrency projects. The graphic, shared via the company’s X account, shows nine scheduled unlocks between December 1 and December 7, showing the token amounts, the supply share they represent, and their estimated dollar values. Opens early December The largest single event on the list is Sui’s December 1 open, when 55.54 million SUIs are scheduled to be issued, about 0.56% of supply, with Phoenix’s shot for that tranche estimated at about $76.02 million. EigenCloud…
Bitcoin Analysts Warn Of Catastrophic Drop To $50,000 If Key Support Fails
Key points: Bitcoin is facing a major sell-off at the start of the new week, with some analysts predicting a drop of up to $50,000. Many altcoins have refused to back down from the overall resistance and are threatening to fall below their support levels. Bitcoin (Bitcoin) December started off weakly, suggesting that the bears are not ready to give up their advantage. Trader Peter Brandt said in a post on X that BTC chart shows support In the sub-$70,000 to mid-$40,000 area. Another analyst who is cautious in the near term is network economist Timothy Peterson. According to data…
BitMine Buys $50M Ethereum As Santiment Eyes $3.2K Level
join us cable A channel to stay up to date with the latest breaking news Tom Lee’s Ethereum treasury firm BitMine has bought $50.1 million worth of ETH, with Santiment saying the altcoin could test the $3,300 resistance level soon. This is as the largest altcoin by market cap fell more than 1% over the past 24 hours to trade at $2,993.61 as of 1:53 AM EST. Ethereum price (Source: CoinMarketCap) BitMine is buying the dip ETH’s 24-hour price decline extended the altcoin’s negative weekly streak to over 22%, with BitMine, the largest holder of ETH, bought the dip. On-chain…
Vitalik Buterin on Quantum Computing and Ethereum Security
Key takeaways Buterin believes there is a 20% chance that quantum computers will be able to break current encryption before 2030, and he believes Ethereum should start preparing for this possibility. The main risk involves ECDSA. Once the public key appears on the chain, a future quantum computer could, in theory, use it to retrieve the corresponding private key. Buterin’s quantum emergency plan includes rolling back blocks, freezing EOs, and moving funds to quantum-resistant smart contract wallets. Mitigation means smart contract wallets, NIST-certified post-quantum signatures, and flexible cryptographic infrastructure that can swap schemas without chaos. In late 2025, Ethereum co-founder…
Bitcoin drops below $87k on Japan yield shock
Bitcoin The price erased recent gains, falling nearly 5% to below $87,000 in early Asian trading hours on December 1. This came as rising Japanese government bond yields sparked a widespread sense of risk aversion, shattering the fragile, low-volume market structure. according to Cryptocellite Data, BTC fell from a The consolidation range is near $91,000Which wiped out nearly $150 billion from the total market value of cryptocurrencies. Screenshot showing Bitcoin’s performance between November 30 and December 1, 2025 (Source: Kobesi’s letter) Carry trade in Japan Repricing continued the decline, but trading volume data showed that the sell-off was exacerbated by…