šŸ” šŸŸ”šŸ™‚ Market Analysis: 23-12-03

As we head deeper into the final week of December, regulatory currents are stirring the crypto waters. US lawmakers have unveiled a draft bill proposing tax breaks for small stablecoin payments and a deferred approach to taxing staking rewards, offering a glimmer of relief for retail users and sm... ... Read full šŸŸ”šŸ™‚ Market Analysis: 23-12-03

ETHZilla liquidates $74.5M in Ether to redeem convertible debt

ETHZilla liquidates $74.5M in Ether to redeem convertible debt

Crypto treasury company ETHZilla said in a filing with US regulators that it sold part of its Ether holdings to repay outstanding convertible notes amid a broader market downturn.The company disclosed in a filing with the Securities and Exchange Commission the sale of 24,291 Ether (ETH) for $74.5 mi…

Ether analysts see ā€˜upward breakout’ as ETH price returns to $3K

Ether analysts see ā€˜upward breakout’ as ETH price returns to $3K

Ether’s price reclaimed the $3,000 level on Monday, a 16% rebound from the $2,620 multimonth low reached on Nov. 21. Market analysts pointed to key data metrics that suggest that ETH is ā€œbuilding up for breakoutā€ to higher highs.Key takeaways:Ether whales accumulated aggressively over the last six …

Peter Thiel-backed ETHZilla sells $74.5 million of ETH to pay debt as it shifts away from DAT strategy

Peter Thiel-backed ETHZilla sells $74.5 million of ETH to pay debt as it shifts away from DAT strategy

Less than six months after pivoting to an Ethereum-based digital asset treasury (DAT), the Peter Thiel-backed ETHZilla says it is refocusing on a real-world asset tokenization strategy after selling $74.5 million in ether to pay off debt."As part of redeeming our outstanding senior secured convertib…

Ethereum Price Analysis: Is ETH Out of the Woods After Reclaiming the $3K Level?

Ethereum Price Analysis: Is ETH Out of the Woods After Reclaiming the $3K Level?

Ethereum continues to trade below key resistance levels after weeks of correction. While a short-term bounce is playing out, the overall market structure remains uncertain. The price action shows signs of recovery, but there is no confirmed shift in momentum yet.Technical AnalysisBy ShayanThe Daily …

Ethereum Price Seeks Additional Gains as Bulls Try to Regain Momentum

Ethereum Price Seeks Additional Gains as Bulls Try to Regain Momentum

Ethereum price started a recovery wave above $2,950. ETH is now consolidating and might soon attempt another recovery wave if it clears $3,050.Ethereum started a decent upward move above the $2,950 zone.The price is trading above $2,950 and the 100-hourly Simple Moving Average.There was a break abov…

Bitcoin Outlook Discord: Tom Lee Breaks Down Fundstrat’s Position

Bitcoin Outlook Discord: Tom Lee Breaks Down Fundstrat’s Position

According to reports, Fundstrat analysts are sending mixed signals about Bitcoin’s path in 2026. One line of work inside the firm sees a noticeable pullback early next year, while another predicts new highs arriving soon after.Sean Farrell, Fundstrat’s head of digital asset strategy, is reported to …

Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario

Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario

The Bitcoin price has experienced a significant correction after reaching all-time highs above $126,000 in October, currently trading just above $87,900. This marks a notable 30% decline over the past few months.Ā Despite this setback,Ā analysts at Citi express optimism for the cryptocurrency’s future…

Ethereum Exchange Outflows Soar To $978M: Sign Of Dip Buying?

Ethereum Exchange Outflows Soar To $978M: Sign Of Dip Buying?

On-chain data shows the Ethereum exchange netflow has witnessed a negative spike during the past week, a potential sign that investors have been accumulating.Ethereum Exchange Netflow Has Been Red For The Past WeekAs pointed out by institutional DeFi solutions provider Sentora in a new post on X, Et…

 Altcoin season never ended, traders just missed the winners: Hayes

Altcoin season never ended, traders just missed the winners: Hayes

While many crypto traders are still waiting for the next altcoin season to begin, BitMEX co-founder Arthur Hayes said it’s been underway all along.ā€œThere is always an altcoin season happening… and [if you’re] always saying altcoin season isn’t there, [it’s] because you didn’t own what went up,ā€ Haye…

From $620 to $6 Million: Dormant Ethereum Whale Wakes Up After 10 Years

From $620 to $6 Million: Dormant Ethereum Whale Wakes Up After 10 Years

According to the data provided by WhaleAlert, a pre-mine address containing a total of 2,000 ETH ($5.9 million) was recently activated after more than 10 years of inactivity. Initially, the tokens in question were worth only $620.In the first 14 days of the 2014 sale, the price was fixed at 2,000 ET…

Ethereum Loses 34% in 24-Hour Volume: Catastrophic Pivot

Ethereum Loses 34% in 24-Hour Volume: Catastrophic Pivot

The most recent volume data makes it impossible to overlook Ethereum’s structurally risky situation. A 34% decline in 24-hour trading volume is not a neutral cooldown, rather, it is an obvious indication that participation is declining at a time when ETH needs conviction the most. Although the price…

Bitcoin Could Break Records Again In 6 Months, Grayscale Says

Bitcoin Could Break Records Again In 6 Months, Grayscale Says

According to a Grayscale outlook released Monday, the asset manager expects rising demand for alternatives and clearer rules in the US to push Bitcoin to a new all-time high in the first half of 2026.The report lays out 10 key investing themes for 2026 and ties the Bitcoin call to two main forces: g…