First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress. via CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data https://ift.tt/XtwoIeO
This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400 area, opening the door for a quick run higher towards the next major area of resistance around $28,000.... Read More: Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
Over the past month, SOL has hovered around the US $130–$140 range. According to recent market updates, SOL dipped by ~1% on December 5 while holding near $137. That drop followed a slightly stronger 4% surge a day earlier, which was attributed to increased institutional inflows. While volatility remains, many analysts argue SOL is forming a “defensive base” — with key price support around $130. In short, SOL hasn’t been making new highs recently — but price action seems relatively stable, with speculative interest rising around institutional developments and network-level events. Recent News & Institutional / Ecosystem Developments Several developments in the last month have stirred renewed interest in Solana: A big institutional signal: a new multi-crypto ETF ( EZPZ ETF ) — launched December 1 by Franklin Templeton — added SOL among its holdings, giving broader institutional access to the token. Cross-chain integration: Base — the Layer-2 network...
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