Ethereum NFT collection drives weekly volume to 304 million USD
Ethereum-based non-fungible token (NFT) collections saw a significant increase last week, pushing the weekly trading volume of these digital assets to 304 million USD.
On December 21, the data tracking tool CryptoSlam reported that Ethereum NFTs experienced a 76% increase compared to the previous week, reaching a trading volume of 201 million USD. This figure accounts for 66% of the total NFT trading volume in the past seven days.

Bitcoin loses value: $671.9 million ETF sell-off as BTC falls below $94K
Bitcoin ETFs faced net outflows of $671.9 million, ending a 15-day increase as cryptocurrency prices plummeted.
Fidelity and Grayscale led the ETF sell-off as $1 billion was liquidated in the cryptocurrency market within 24 hours.
On December 19, the Bitcoin [BTC] exchange-traded fund in the U.S. experienced record high net outflows, reaching $671.9 million in a single day.

Bitcoin at $95K: Is it a bottom-buying opportunity?
The price of Bitcoin has dropped 3.61% in the last 24 hours, reaching significant support levels in the range of $98,830 to $95,830.
Institutional trading has surged as more Bitcoin is withdrawn from exchanges, reaching 74,052 BTC this December.
Bitcoin [BTC] has recently seen a decline in value and profits from wallets, with this cryptocurrency trading at $95,397 at the time of writing. This marks a 24-hour price drop of 3.61% and a weekly decrease of 1.95%.

Litecoin price below 100 USD: What is the investor sentiment?
78% of Litecoin addresses have held their LTC for more than a year.
LTC has decreased by 11.09% in the past 24 hours.
Since reaching a recent high of 147 USD two weeks ago, Litecoin [LTC] has struggled to maintain upward momentum.
The past 24 hours have particularly seen the largest price drop of the altcoin, reaching a low of 94 USD. In fact, at the time of writing, Litecoin is trading at 96 USD. This records a decrease of 11.09% on the daily chart. Similarly, the altcoin has dropped by 20.12% in the past week.

The Altcoins that Whales are buying in the week of December 3, 2024
What are the cryptocurrencies that giant investors are buying? This is an important question that many investors want to understand, especially as the prices of current altcoins have yet to recover to the peaks reached a few weeks ago.
Specifically, JasmyCoin (JASMY), XRP, and Polygon (POL) have emerged as the primary targets for large investors' purchases. Let's take a look at why these assets are attracting significant attention and what might happen next.

The price of Uniswap (UNI) has dropped 20%, with market capitalization down to $7.2 billion.
The price of Uniswap (UNI) has decreased by 20% in the past 24 hours, continuing the downtrend after losing the $10 billion market capitalization it once held, now at only $7.2 billion. The sharp decline has pushed UNI into a critical zone, with technical indicators reflecting strong downward moves and the potential for further losses.
A 'death cross' signal is forming on the EMA lines, which could indicate a deeper correction, with key support levels at $9.64 and $8.5 being closely monitored. Conversely, if there is a recovery, UNI could target resistance levels at $13.5 and $16.2, with the potential to rise to $19 if bullish momentum prevails.

Bitcoin Correction Nears Complete as Losses Hit Weekly Highs
Bitcoin (BTC) daily chart has shown three consecutive red candles, the first time since the first week of October, which coincided with the run-up to Donald Trump’s election victory in the US.

Another similarity between the last time there were three or more red candles on the daily chart is that Bitcoin retested the 50-day EMA.

Stellar: Potential upside from $0.3851 support?
Stellar's support level at $0.39 aligns with important Fibonacci levels, signaling oversold conditions and recovery potential.
The Long/Short XLM ratio shows bullish trader confidence despite falling trading volume and high market volatility.
At press time, Stellar [XLM] is trading at $0.3728, reflecting an 8.28% drop in 24 hours and a 10.36% drop over the past week.

Shiba Inu and Chainlink collaborate to expand the multi-chain ecosystem
Shibarium, Shiba Inu's Layer-2 blockchain network, has partnered with Chainlink to provide cross-chain interoperability and integrate advanced data for its growing decentralized ecosystem.
With the adoption of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Cross-Chain Token (CCT) standard, Shiba Inu assets like SHIB, LEASH, and BONE can now operate seamlessly across 12 blockchains.

Worldcoin: Why is Germany taking a hard line on WLD iris scanning?
The Federal Commissioner for Data Protection of Germany (BfDI) has ordered Worldcoin to delete stored iris scans due to violations of GDPR.
The agency has highlighted concerns about processing biometric data without user consent and the lack of a clear legal basis.
The Federal Data Protection Commission of Germany (BfDI) has directed Worldcoin [WLD], a biometric-based cryptocurrency project, to delete all user iris scans. This move comes amid growing concerns about privacy and compliance with the EU's General Data Protection Regulation (GDPR).

Algorand increases by 80% Should traders buy in now?
The active addresses of ALGO have increased from 104K to 190K in just 24 hours
These addresses may be selling, after the price of altcoins dropped 20%

The price of Algorand (ALGO) has dropped over 20% in the past seven days, trading at $0.371 at the time of writing. The current downtrend appears to be a reversal from the bullish rally earlier in the month when ALGO reached a multi-year high of $0.613.

Fartcoin Surpasses $1 Billion, PENGU and Dogecoin Mixed Up
The cryptocurrency market is facing a correction after the recent surge, leading to volatility in altcoins. Meme Coins are no exception, although Fartcoin and a few others have bucked the trend, attracting investor interest thanks to their unique and ridiculous appeal.
Fartcoin (FARTCOIN)
Fartcoin shocked the crypto market by surging 98% this week, hitting a new all-time high of $1.30 and reaching a valuation of $1.3 billion. The performance underscores the unpredictability of meme coins, as the token’s humorous appeal continues to attract significant attention from speculative investors.

Ethereum Price Drops Sharply: Will Bulls Step In?
Ethereum Price Drops Below $3,650
Ethereum price struggled to initiate a new rally as it failed to break above the $3,680 level and continued its downtrend similar to Bitcoin.
ETH lost momentum and fell below $3,650, then continued to decline below $3,600.
The price even dropped sharply below $3,550 and hit a low of nearly $3,420. The bottom was set at $3,324 and the price is currently in a consolidation phase after the decline.

Solana Traders Expect Breakout After SOL Price Below $200
The price of Solana (SOL) has experienced a sharp drop of 8.03% over the past 24 hours, marking its first drop below $200 since early November. This drop, coupled with broader market weakness, led to significant liquidation.
Despite the significant drop, it seems that Solana investors are predicting that the altcoin will quickly recover from its lows. Is this possible?

El Salvador Buys 11 BTC Immediately After Deal With IMF
El Salvador added $1 million worth of Bitcoin in just one day — just one day after signing a $1.4 billion deal with the International Monetary Fund that puts limits on its handling of the cryptocurrency.
The country’s National Bitcoin Office wrote in a December 19 X post that it has “transferred over one million USD worth of Bitcoin into the Strategic Bitcoin Reserve,” with its website showing it has added 11 Bitcoin (BTC) to its holdings.

Bitcoin Whales Support Price in Mid-$60K Range
Bitcoin (BTC) faces an uphill battle to hold support after a macro shock halted the market’s rally.
BTC price has lost more than $12K in two days, but crypto traders and analysts are now aiming much lower.
BTC Price Analysis Warns $90K “Is Not the Bottom”

Bitcoin sent both retail and institutional investors into a panic when it hit $96K on December 19. Combined crypto liquidations in the 24 hours to press time on December 20 totaled nearly $900 million, according to data from monitoring resource CoinGlass.

Cryptopia bankruptcy pays $225 million to hack victims
The liquidators of the bankrupt cryptocurrency exchange Cryptopia are beginning to distribute millions to users affected by an attack nearly six years ago.
The liquidating company of Cryptopia, Grant Thornton, officially announced on December 20 the start of distributions to over 10K verified account holders affected by the Cryptopia attack in 2019.

Bitcoin ETF: Record capital outflow of $671.9 million in one day.
Bitcoin exchange-traded funds (ETFs) faced a strong sell-off on December 19, achieving a record net outflow of $671.9 million, marking the largest one-day capital outflow event of the year.
According to data from Farside Investors, the largest outflows came from Grayscale's GBTC fund, which decreased by $208.55 million, followed by ARK Invest's ARKB fund, which decreased by $108.4 million.

Whale Dumps 150 Billion PEPE: Will Memecoin Recover in December?
On-chain metrics reveal that exchanges have seen $6.8 million worth of PEPE inflows.
PEPE could rally 40% to reach the next resistance at $0.000026 if it holds above $0.000018.
Pepe [PEPE], the 3rd largest and most popular Cryptocurrency Meme Coin, saw a significant 20% price drop after the Fed Chairman expressed his stance against Cryptocurrencies.