ETH/USD

ETHE

Ethereum is entering a moment of renewed strength as momentum indicators flash their first clear shift in weeks. A new analysis from Merlijn The Trader highlights a decisive move in the Relative Strength Index (RSI), a tightening price structure above critical support, and a setup that suggests a breakout candle may be close. source:

CoinLive

Grayscale Ethereum Trust ETF

Ethereum’s Momentum Turns Upward – Is a Breakout the Next Step?

Ethereum is entering a delicate but potentially promising phase as price action steadies above key support levels while on-chain and technical indicators hint at renewed strength. Traders are watching both the ETH/USD and ETH/BTC charts closely, with several signs suggesting the asset may be preparing for another attempt at upside momentum. source:

Ethereum: Why Traders Expect Momentum to Return Soon

Individuals split activity across multiple addresses for security and discretion. Institutions do the same to manage risk, permissions, and compliance. source:

Ethereum Proposes New Way to Link Wallets Without Sacrificing Privacy

HSDT

GBTC

According to ChainCatcher, the cryptocurrency market experienced notable net outflows in the past 24 hours. Bitcoin (BTC) led the outflow list with $151 million, followed by Ethereum (ETH) with $42 million, Zcash (ZEC) with $35 million, XRP with $20 million, and Solana (SOL) with $12 million. Conversely, some cryptocurrencies saw net inflows. XPL recorded an inflow of $9 million, MNT had $2.1 million, WET saw $1.7 million, Monero (XMR) had $1.4 million, and TRX experienced an inflow of $960,000.

Solana

Grayscale Bitcoin Trust BTC - ETF

Cryptocurrency Market Sees Significant Outflows in 24 Hours

The NFT market experienced a 10.18% decline in weekly trading volume, totaling $66.71 million. NFT buyers and sellers decreased by 66.91% and 70.44%, respectively. Ethereum's trading volume fell by 3.02% to $24.93 million, while BNB Chain and Solana networks saw increases of 45.64% and 48.27%, respectively. Notable transactions included CryptoPunks sales, with the highest at $153,356.75 (47.99 ETH).

NFT Market Experiences Decline in Weekly Trading Volume

The Planet Midday News highlights several key events in the crypto world: NYDIG discusses the limited initial benefits of stock tokenization; crypto startups raised $176 million with a focus on sustainable models; Ethereum Prysm client faced a mainnet incident; a tragic crime in Ukraine linked to crypto assets; analysis of Japan's interest rate impact on Bitcoin; Moonbirds plans a token launch on Solana; Pudgy Penguins' advertising campaign; a $2.7 million loss from a vault attack; and a significant BTC-to-ETH conversion.

Planet Midday News

According to ChainCatcher, monitoring by HyperInsight reveals that Huang Licheng has significantly increased his Ethereum long position by 25 times, reaching a total of $12.2 million. The opening price for this position was $3,190.92, with a liquidation price set at $3,056.19. Currently, the position is experiencing an unrealized loss of $274,000.

Huang Licheng Increases Ethereum Long Position to $12.2 Million

The Prysm team released an analysis on the Fusaka mainnet issue, where Prysm nodes faced resource exhaustion, affecting epochs 411439 to 411480. This led to a missing rate of 18.5%, with validators losing 382 ETH. The root cause was unsynchronized nodes causing repeated processing of past blocks. A temporary fix was advised, with long-term solutions planned for future versions.

Ethereum Client Prysm Releases Analysis on Fusaka Mainnet Issue

The Ethereum Prysm client experienced a mainnet incident on December 4th, causing resource exhaustion and resulting in 248 missing blocks and 382 ETH in lost rewards. The issue, affecting 42 epochs, was due to high-cost epoch transitions triggered by out-of-sync attestations. A temporary fix was implemented, and network participation recovered to over 95%. The incident underscores the importance of client diversity and improved testing strategies.

Ethereum Prysm client experiences mainnet incident: resource exhaustion leads to large-scale missing blocks and witnesses.

Ethereum is holding above key support at $3,091, with bullish signals and steady inflows suggesting potential for an upside move. AltCoin Việt Nam notes a significant bullish divergence and historical volatility of 9-16% below $3,200. A whale's $392 million leveraged long position and institutional purchases, including BitMine Technologies' 33,504 ETH, highlight strong market confidence. Crypto analyst The Boss emphasizes the importance of holding above $3,091 for a potential move toward resistance. The market watches if ETH will break out or retest lower support before a rally.

NewsBTC

Ethereum Holds Support As Smart Money Steps In – What This Means For Price

Ethereum's price has risen from under $2,900 to about $3,238, facing resistance at the 50-day moving average. A breakout above $3,350 may boost bullish momentum.1Ethereum maintains its position as the leader in total value locked, highlighting its ongoing dominance in the decentralized finance space.2Ethereum's 30-day Market Value to Realized Value (MVRV) Ratio is 7.2%, indicating recent buyers are seeing a 7.2% gain, placing ETH in a mild overbought zone.3

TradingView

Key facts: Ethereum Price Rises to $3,238; Leads in Total Value Locked

Despite nearly $1 billion flowing into XRP ETFs, the price remains flat around $2. Institutional investors are accumulating XRP, as evidenced by 19 consecutive days of positive ETF inflows, with Franklin's XRP ETF leading. This trend contrasts with other crypto ETFs like Ethereum, which saw outflows. The sustained inflows suggest a long-term strategy to establish a price floor, rather than immediate price spikes, indicating a disconnect between rising inflows and the stagnant spot price.

Amb Crypto

$1B flows into XRP ETFs, yet price refuses to move – Here’s why!

Ripple's Luke Judges announced at Solana Breakpoint that XRP will be integrated into Solana, enabling DeFi activities and cross-chain utility. wXRP will be tradable on Ethereum and other chains, expanding XRP's DeFi use. RippleX's J. Ayo Akinyele emphasized XRP Ledger's multichain vision, highlighting the importance of robust mainnets for cross-chain innovation.

U.Today

Ripple Executive Explains XRP Vision at Solana Event: Details

Ethereum (ETH) is at a critical juncture with its price hovering around the $3,000 support level. A significant ETH whale opened a $537 million long position, now facing $20.5 million in unrealized losses. Major liquidations have occurred, with ETH leading total liquidations over the past 24 hours. Whales holding 100k+ ETH are nearing their realized price, a rare event that typically triggers strong accumulation. The market is in a tug-of-war between fear and greed, with potential for either a breakdown or a new accumulation phase.