Author: Kryptonews

Today in crypto: The Balancer community has proposed a plan to distribute funds recovered from the protocol’s recent hack. South Korea’s largest exchange, Upbit, halted deposits and withdrawals after detecting about $36 million in unauthorized transfers from a Solana hot wallet. Meanwhile, BitMine chair Tom Lee appears to have quietly stepped back from his $250,000 year-end Bitcoin prediction.Balancer community proposes plan to distribute funds recovered from hackTwo members of the Balancer protocol community submitted a proposal on Thursday outlining a distribution plan for a portion of the funds recovered from the protocol’s $116 million November exploit.About $28 million from the…

Key takeaways:ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion.US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for fresh liquidity before rebuilding confidence in ETH’s near-term upside.Ether (ETH) has climbed 15% from its $2,623 low made last Friday, yet derivatives metrics show traders remain cautious. The absence of bullish leverage from top ETH traders, combined with falling Ethereum network fees, weakens the case for sustained upside. As a result, traders question what must shift for ETH to convincingly reclaim the $4,000 mark. ETH perpetual futures annualized funding…

Ethereum (ETH) traders are quietly rotating back into leverage, with fresh futures data signaling a major shift in market positioning as ETH approaches a critical technical zone.Key takeaways:Ether leads all major crypto assets in the futures-to-spot ratio, with the current rating at 6.84.Derivatives traders are reallocating risk into ETH while Bitcoin shows declining open interest.Technical structure remains constructive, with bulls eyeing a potential run toward $3,390 if key levels flip.ETH futures attract more attention from traders Recent data from CryptoQuant indicated Ether’s futures-to-spot ratio on Binance had risen sharply from 5 to 6.84, its highest level in Q4. This acceleration marked…

Key Takeaways Interpol has officially designated scam-compound networks, which utilize crypto, as a global threat, emphasizing their links to organized crime, human trafficking, and forced labor. These criminal networks leverage digital assets and advanced technologies to perpetrate large-scale, transnational fraud, complicating law enforcement efforts. Share this article Interpol’s General Assembly has issued a resolution addressing the growing threat of transnational scam centers, criminal hubs linked to large-scale fraud, human trafficking and abuse, including schemes such as voice phishing, romance scams, investment fraud and cryptocurrency scams.The international police organization emphasizes how these criminal networks exploit digital assets to facilitate large-scale fraud…

Key takeaways:ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion.US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for fresh liquidity before rebuilding confidence in ETH’s near-term upside.Ether (ETH) has climbed 15% from its $2,623 low made last Friday, yet derivatives metrics show traders remain cautious. The absence of bullish leverage from top ETH traders, combined with falling Ethereum network fees, weakens the case for sustained upside. As a result, traders question what must shift for ETH to convincingly reclaim the $4,000 mark. ETH perpetual futures annualized funding…

The quest for the most ideal digital currency to invest in often presents investors at a juncture where they are presented with the option of choosing experienced currencies and new players who are introducing innovations. Dogecoin (DOGE), the first meme currency, however, has been encountering strong technological challenges since it fell below its vital support level of $0.14, which triggered a prediction of the currencies falling to $0.07. In this environment of uncertainty, the presale scheme of Mutuum Finance (MUTM) has managed to attract capital through the provision of utility and growth trends. In the emerging environment of investing in…

Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022. In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment he has already served and the penalties he has agreed to accept, according to Bloomberg. Kwon pleaded guilty in August to two counts of wire fraud and conspiracy to defraud after being extradited from Montenegro, where he had been detained. His lawyers said he had…

Bitcoin (BTC) rallied 13% from multimonth lows at $80,000, reclaiming the $90,000 mark on Wednesday. This move came as a surprise as BTC staged a pre-holiday rally, increasing hopes of a continued upward move going into Thanksgiving weekend.Key takeaways:Bitcoin stages a pre-Thanksgiving rally and seeks to defy its historical average return of -0.8% during the holiday. Bitcoin must reclaim $100,000-$105,000 to avoid a potential breakdown below $80,000.  BTC/USD daily chart. Source: TradingView/CointelegraphA rare Thanksgiving BTC price rally?Data from Cointelegraph Markets Pro and TradingView showed the BTC/USD pair trading at $91,400 on Thursday, after it had climbed more than 5% on Wednesday.“Look,…

Pepe is struggling to regain momentum, and the Pepe price prediction is turning increasingly bearish as warning signs stack up.After falling nearly 45% this month, the meme coin may still have room to drop — with top analyst Ali Martinez suggesting a further 60% decline could be on the table.Martinez points to a clear head-and-shoulders breakdown, with Pepe slipping below its neckline on November 3 and still tracking toward a potential target of $0.0000015. Keep an eye on $PEPE! pic.twitter.com/YGIsHu6u1A— Ali (@ali_charts) November 26, 2025 Derivatives markets appear to be trailing the setup. Speculative demand has plunged, with Open Interest…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year.The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a cumulative profit of $3.2 billion on Wednesday, according to blockchain data platform Arkham.“BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down to $630 million 4 days ago,” wrote Arkham in a Wednesday X…