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Ethereum price is trading below key moving averages as rising futures open interest and flat price action flag liquidation risk and heightened two-way volatility.​ Summary Ethereum price briefly broke a descending trendline and tested resistance before rejection, staying capped under its 100-day and 200-day moving averages.​ RSI has cooled from overbought while a nearby bullish order block and prior resistance turned support define the key zone to watch for a bounce or breakdown.​ Futures open interest is elevated despite modest price recovery, a structure that has historically preceded sharp liquidations when speculative positioning unwinds. Ethereum price is up roughly 1–1.5%…

The blockchain gaming sector is shifting to more sustainable economics and has improved sentiment and market maturity as it recalibrates its outlook, reported the Blockchain Game Alliance (BGA).The Web3 gaming advocacy group said in its annual state of the industry report released on Wednesday that the sector is “moving beyond its speculative origins toward a more operationally disciplined, product-led future.”In a survey of over 500 global blockchain gaming professionals, the level of optimism rebounded to 65.8% from its 2024 lows, with the focus shifting from token economics to sustainable revenue models. “The clearest indicator of the industry’s broader transition lies in…

The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related to swap data reporting and record-keeping regulations.The CFTC’s Division of Market Oversight and the Division of Clearing and Risk won’t initiate enforcement action against several prediction market platforms for shirking certain recordkeeping demands, provided they follow other specific requirements, the agencies said in a statement on Thursday.“The no-action letters apply only in narrow circumstances and are comparable to no-action letters issued for other similarly situated designated contract markets and derivatives clearing organizations,” they added.The companies that received a no-action letter…

Digital currencies plunged on Thursday, December 11, with the value of all cryptocurrencies declining by 2.50% in the past 24 hours to $3.07 trillion.Today’s slump caught many off guard as it happened even after the Fed delivered the much-anticipated 25 bp rate cut, a move that generally sparks risk assets. Nevertheless, hawkish comments from Chair Jerome Powell signaled a cautious stance.Cryptocurrencies recorded minor rebounds following the rate cut, but failed to sustain momentum as markets interpreted Powell’s remarks as an indication that prevailing liquidity conditions might last longer than expected.This article highlights two topics that grabbed investor attention today: Coinbase…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially boosted risk assets but quickly shifted market sentiment into uncertainty. While the broader macro backdrop now leans toward looser monetary conditions, Ethereum’s reaction suggests that traders remain cautious, especially after the sharp rally from the $2,800 region earlier this month. According to fresh data from CryptoQuant, Binance’s Ethereum Estimated Leverage Ratio has climbed to an all-time high of nearly 0.579. This signals that…

The US Commodity Futures Trading Commission has added a host of blockchain industry executives alongside counterparts from traditional finance as part of the agency’s new CEO Innovation Council. According to an announcement on Wednesday, the CEO Innovation Council will discuss market structure developments relating to the derivatives markets overseen by the CFTC. The discussion topics will primarily be about “tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets and blockchain market infrastructure.” The list of participants includes the bosses of crypto exchanges and prediction markets such as Polymarket, Kalshi, Kraken, Gemini, Bitnomial, Crypto.com and Bullish.  Alongside the crypto CEOs, the counterparts from traditional finance…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially sparked volatility across the crypto market. While many expected a stronger reaction from Ethereum, the asset instead slipped lower as traders reassessed the macro environment and the implications of a potential shift toward stagflation. Despite this pullback, on-chain data suggests that the underlying market structure may be quietly improving. According to new insights from CryptoQuant, Ethereum’s Net Taker Volume (30-day moving average) is…

Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET.Bitcoin (BTC) treasury companies are projected to buy 40,000 BTC in the fourth quarter, the lowest since Q3 2024, BitcoinTreasuries.NET President Pete Rizzo said in a corporate adoption report released on Thursday.Despite the slowdown, Rizzo said Bitcoin mining companies continue to “anchor public‑market Bitcoin holdings” and accounted for 5% of new additions and 12% of aggregate public company balances in November.“Because miners can acquire BTC at an effective discount to spot markets…

Financial services company J.P. Morgan announced on Thursday that it arranged a $50 million onchain US commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, one of the earliest debt deals executed on a public network in the United States.The offering, a tokenized short-term corporate bond, was tokenized by J.P. Morgan. According to the company, it created the corresponding blockchain token for the bond and handled the settlement of the primary issuance.The tokenized securities were sold to asset manager Franklin Templeton and crypto exchange Coinbase, while issuance and redemption will be paid in Circle’s USDC (USDC) dollar-pegged stablecoin,…

Pakistan sees Bitcoin and digital assets as the backbone of a new financial rail for its 240 million citizens, a senior official said at the Bitcoin MENA Conference, signaling a shift toward formal regulation of crypto markets.Bilal Bin Saqib said on Tuesday that Pakistan can no longer rely on traditional economic models, but needs “a new engine,” citing digital assets. The minister said during a roundtable in Abu Dhabi:“We see Bitcoin, digital assets, and blockchain not just as speculation but as infrastructure. Not as noise, but as a foundation of a new financial rail for the global south.”Saqib, the chairman…