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  • BTC at $143K, ETH above $4000: Citi issues bullish price forecasts as crypto market continues to struggle

    BTC at $143K, ETH above $4000: Citi issues bullish price forecasts as crypto market continues to struggle

    Citigroup issues optimistic price forecasts for Bitcoin and Ethereum

    • Citi forecasts Bitcoin at $143K and Ethereum at $4,304 in 12 months.
    • Regulatory clarity and adoption drive institutional interest in crypto.
    • Short-term risks, including bearish patterns, options expiry, and ETF outflows, still linger.

    Citigroup has delivered one of the most upbeat outlooks from a major Wall Street institution on digital assets, forecasting strong upside for both Bitcoin and Ethereum over the next year.

    The bank’s projections come at a time when crypto markets are navigating sharp short-term volatility while longer-term adoption trends continue to strengthen.

    A bullish baseline with room to run

    In a recent research note, Citigroup set a 12-month price target of $143,000 for Bitcoin, representing an upside of roughly 62% from levels near $88,000 at the time of the forecast.

    The bank also gave Ethereum a favourable outlook, with a target price of $4,304, implying potential gains of about 46% from around $2,950.

    The bank said its forecasts reflect improving market conditions after recent drawdowns, arguing that crypto prices are now closer to measures of value tied to actual user activity.

    Citi framed its base case as a recovery scenario rather than an aggressive speculative call, noting that valuations have adjusted following the pullback from October highs.

    Beyond its baseline projections, Citi also outlined a wide range of possible outcomes.

    In a bullish scenario, the bank sees Bitcoin climbing as high as $189,000 and Ethereum reaching $5,132.

    Under a bearish case, however, Bitcoin could slide to $78,000, while Ethereum may fall toward $1,270, underscoring the asset class’s persistent volatility.

    Regulation shifts from risk to catalyst

    Citi identified regulatory developments as the central driver behind its constructive stance.

    The bank pointed to a noticeable shift by US authorities toward clearer, more tailored frameworks for digital assets, replacing years of regulatory uncertainty with defined rules.

    Several enforcement actions and lawsuits against major crypto platforms have been dismissed, a change Citi believes could encourage institutional investors to re-engage with the sector.

    The bank also highlighted President Donald Trump’s pro-digital-asset rhetoric, which has coincided with broader acceptance of cryptocurrencies within traditional finance.

    According to Citi, these policy shifts have the potential to unlock renewed capital inflows, particularly from institutions that previously stayed on the sidelines.

    The firm expects regulatory clarity to support adoption across spot markets, ETFs, and tokenised financial products over the coming year.

    Volatility clouds the near-term forecasts

    Despite the optimistic outlook, Citi acknowledged that recent market turbulence remains a significant headwind.

    Bitcoin fell to multi-month lows in November as investors reduced exposure to risk assets amid concerns over elevated technology stock valuations.

    Market sentiment has weakened further in December after Strategy, formerly known as MicroStrategy and the largest corporate holder of Bitcoin, cut its 2025 earnings forecast.

    Strategy cited Bitcoin’s prolonged weakness, drawing heightened attention given its outsized exposure to the cryptocurrency.

    Short-term technical signals also suggest caution, seeing that Bitcoin has formed a bearish flag pattern on the daily chart and remains below key moving averages and the Supertrend indicator.

    Bitcoin price analysis
    Bitcoin price analysis | Source: TradingView

    Analysts warn that the price could dip toward $87,341, or even $85,188.

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  • Aster (ASTER) price outlook as whale dumps 3M coins at a loss

    Aster (ASTER) price outlook as whale dumps 3M coins at a loss

    A Whale and Price Charts in teh Background

    • A large-scale investor has offloaded millions of ASTER tokens, absorbing a 22% loss within two weeks.
    • ASTER price has dropped below key levels, signaling bearish short-term bias.
    • Aster team calms supply-side worries by confirming no plans to sell unlocked tokens.

    The digital assets market remained deteriorated on Wednesday, with the global crypto market capitalization at $2.94 trillion after a 0.65% dip in the past 24 hours.

    Also, Bitcoin remained somewhat muted in the last day after the recent decline, changing hands at $86,640 following a mere 0.30% decline on its daily chart.

    While most altcoins sought footing after the latest broad-based crash, ASTER is experiencing renewed selling momentum as large-scale players exit.

    The digital token has lost nearly 10% of its value in the past 24 hours, underscoring overwhelming downward momentum.

    According to Lookonchain, one whale has sold 3 million Aster coins, worth approximately $2.33 million today.

    The entity executed the transaction when the alt traded at $0.78 per token.

    Notably, the whale accumulated these tokens only two weeks ago and has now suffered a roughly 22% loss (or $667,000).

    Such moves are often more than just a trade gone wrong.

    Generally, whale investors have high risk tolerance and intend to hold for the long term, possibly until the asset turns bullish.

    So, when a large-scale investor surrenders at a loss, it can signal a lack of conviction in short-term price rebounds.

    Furthermore, the exit has coincided with ASTER’s significant price decline, magnifying prevailing bearish sentiments.

    ASTER price analysis

    Aster’s native token is changing hands at $0.7475 after losing more than 8% of its value in the last 24 hours.

    The daily trading volume has increased by nearly 45%, signaling increased activity from participants likely exiting before further declines.

    Meanwhile, ASTER has breached the crucial support zone at $0.81 – $0.82 and is ready to turn it into an overhead supply region.

    That suggests immense bearishness, with any potential rebound to $0.80 likely to encounter heavy selling pressure.

    Sellers are targeting the barrier at $0.72, where ASTER briefly paused during the previous dip.

    Failure to attract adequate buying activity at this mark could expose the altcoin to further declines to the psychological zone at $0.70 in the near term.

    Meanwhile, ASTER should reclaim $0.82 to flip to bullish.

    Surpassing $0.85 with massive volumes could support breakouts to $0.90 and clear the path to $1.

    Aster team boosts community confidence

    Amidst the devastating downward pressure, the DEX has shifted attention to supply dynamics.

    Early today, December 17, the team took it to X to address these concerns, confirming the completion of December’s Community & Ecosystem token unlock.

    They have moved the unlocked assets to an address that now holds 235.2 million Aster coins after three months of coin releases.

    Notably, Aster emphasized that it has no immediate plans to spend the unlocked ASTER and that the team will communicate in advance in case of future deployment plans.

    While the announced transfer doesn’t add new supply to the circulating tokens, it comes amid amplified uncertainty, with traders worrying about additional selling pressure as key holders surrender.

     

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  • ADA price forecast: Cardano proposes a 70 million budget for key upgrades

    ADA price forecast: Cardano proposes a 70 million budget for key upgrades

    ADA price action

    • Core organizations have submitted a 70 million ADA tokens budget proposal.
    • The goal is to fund key ecosystem integrations ahead of 2026
    • ADA remains poised for remarkable breakouts despite short-term bearishness.

    Cardano’s major organization has proposed a new budget, calling for 70 million ADA tokens in Treasury funding to supercharge delayed ecosystem upgrades and integration.

    Announced yesterday, November 27, the proposal outlines a strategic plan to introduce innovative infrastructure needed for institutional access, cross-chain connectivity, and stablecoins.

    Named the Cardano Critical Integrations Budget, the plan received endorsement from key ecosystem organizations, including the Cardano Foundations, EMURGO, Input Output, the Midnight Foundation, and Intersect.

    That reflects a unified approach to equip the ADA network with what it needs to thrive in the coming times.

    The official blog highlighted:

    Cardano needs a set of core infrastructure layers to unlock stablecoins, attract deeper liquidity, support institutional participation, and expand the possibilities for DeFi, RWAs, and DePIN. These integrations cannot be delivered in isolation. They require a shared, ecosystem-wide commitment that brings the right partners to Cardano in a structured and accountable way.

    Trader attention remains on the ADA price amidst these developments. Are the coordinated efforts the catalyst that propels this altcoin to its predicted peaks?

    Why is this budget crucial?

    Cardano’s team is among the most active in the blockchain sector. Meanwhile, the project’s next growth phase now relies on mission or partially developed components.

    They include functionalities like enterprise-level custody and wallets, pricing oracles, advanced stablecoin infrastructure, and cross-chain bridges.

    The Cardano blockchain has struggled to unlock crucial utility without these elements.

    For instance, stablecoins are essential for DeFi liquidity and day-to-day on-chain transactions.

    Cross-chain support allows users to move tokens across the platform easily.

    Moreover, institutional-grade analytics and custody are crucial for risk management and compliant offerings.

    Indeed, Cardano’s long-term potential requires coordinated efforts to unleash.

    Therefore, core organizations have been negotiating with top-notch integration partners recently, and their conversations have reached a mature phase, inviting the community to participate in the next steps.

    ADA price outlook

    Cardano is trading at $0.4311 after gaining more than 6% the last seven days.

    The token remained relatively muted the past day, losing a mere 0.08% of its value.

    Meanwhile, the 20% slump in 24-hour trading volume signals prevailing selling pressure.

    Robust developer activity, especially with the 70 million ADA budget approved, and broad-based recoveries could trigger massive breakouts for ADA.

    However, buyers should overcome key resistance at $0.45 and $0.70 and reclaim the psychological level at $1 to shift Cardano’s short-term outlook to bullish.

    Surpassing $1.50 would confirm solid reversals and clear the path for higher targets.

    ADA can skyrocket to $2 and extend toward $2.20. That would mean a more than 400% rally from the current market price.

    On the other hand, continued selling pressure could trigger a roughly 40% decline to the support barrier at $0.25.

    A breakdown here would erase all bullish momentum and drag ADA prices to the historical foothold at around $0.18.

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  • OKB price dips 20% as OKB Boost contract glitch drains entire reward pool

    OKB price dips 20% as OKB Boost contract glitch drains entire reward pool

    OKB price dips 20% as OKB Boost contract glitch drains an entire reward pool

    • The malfunction allowed 32 wallets to claim 623M PYBOBO within 4 seconds.
    • The event emptied nearly all the 625M reward pool almost instantly.
    • The glitch coincides with OKB’s price underperformance.

    The virtual currency sector recorded another sell-off on Friday as Bitcoin lost 10% in the past 24 hours to press time’s $81,865.

    The global crypto market cap stands at $2.81 trillion after a 10% decline over the last day.

    Amidst the broader bloodbath, OKX’s native token suffered the most as the downside coincided with OKX facing new scrutiny after an unexpected contract glitch in its recent Boost reward campaign.

    A planned distribution of PYBOBO coins ended up with nearly all the pool drained within four minutes, and it wasn’t the massive demand as earlier thought.

    OKX’s token underperformed the overall cryptocurrency market in the past 24 hours.

    It dipped from $115 to $94 during this writing, and over 18% dip on its daily price chart.

    OKB experienced intensified selling pressure as the news of contract malfunctioning spread.

    A 4-second glitch empties 99.68% of incentives

    On-chain stats show that 32 addresses claimed 623 million PYBOBO coins, wiping nearly all the 625 million allocated for the distribution event.

    The most striking thing is that the entire sweep took only four seconds, catching the team and participants unaware.

    Notably, a multifunction within the OKX Boost claim contract seems to have permitted abnormal, rapid claims, allowing a few addresses to receive far more PYBOBO tokens than initially planned.

    OKLink identified a particular wallet that claimed 37.847 million tokens, worth roughly $18,600.

    Nevertheless, what’s striking is how fast the pool evaporated, with 99.68% of rewards gone by the time the ream noticed the glitch.

    The event’s nature indicates an unintended move that propelled distributions well beyond their specified limits.

    OKX Wallets halts claiming amid investigations

    The team acknowledged the issue immediately after the reports emerged and confirmed delaying PYBOBO claiming until after resolving the contract issuer.

    The temporary pause aims to prevent further potential damage as the project conducts a review.

    The team has promised to publish more updates as they investigate the matter.

    The incident sent ripples across the OKX ecosystem. OKB testified to that with its overwhelming selling pressure.

    OKB price outlook

    OKX’s token  hit a daily low of $94 after losing the $100 psychological mark.

    It has dropped from a daily high of $115, losing over 18% of its value in the past 24 hours.

    OKB has seen its daily trading volume surge 100%, signaling increased speculative activity.

    The digital coin would likely slump further before regaining a dependable footing as sellers thrive in the current financial landscape.

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  • Nillion (NIL) price crashes 50% after unauthorized market-maker sell-off

    Nillion (NIL) price crashes 50% after unauthorized market-maker sell-off

    Nillion Price Crash

    • Nillion price fell more than 50% as altcoins battled sell-off pressure.
    • The team has accused a market maker of dumping the platform’s native token.
    • Despite the price dump, the team has initiated a token buyback using treasury funds.

    The price of Nillion (NIL), a token associated with a private computing network that champions data privacy, has crashed sharply over the past 24 hours.

    As cryptocurrencies tanked amid macro jitters, the small-cap token’s price plunged from above $0.21 to under $0.10. Sellers touched lows of $0.0.086.

    NIL’s brutal 50% crash was accompanied by a staggering 680% jump in daily volume. A panicked market saw Nillion price dumping, and accelerated on Wednesday as  nearly $200 million in sell-side volume brutalized buyers. 

    But why such aggressive selling for the native token of the private computing network?

    NIL price crashes by over 50%: what happened?

    On November 20, 2025, the Nillion team released a statement on X.

    According to the platform, the sharp drop that saw NIL suffer a bloodbath happened as a market maker sold huge chunks of the token.

    This sale was allegedly authorized. The post did not name the entity in question.

    However, it alleged the partner switched off communication both as they sold and after the price-impacting event. 

    “If you were surprised by yesterday’s price action, you’re not alone,” the team noted. “Our entire team was confused until we realized what happened: a market maker sold NIL tokens without legal authorization from the Nillion Association. Then, refusing to respond to any team communications during the flash sale and hours following.”

    To help mitigate the impact, Nillion said it has deployed treasury funds to buy back tokens.

    Meanwhile, collaboration with exchanges has helped freeze accounts and wallets tied to the dumping. The project is also taking legal action.

    Nillion price outlook

    NIL ranks as one of the biggest losers across the crypto market in the past 24 hours, with current declines over the period at 36% at the time of writing.

    After the initial price dump to lows of $0.086, NIL bulls attempted a swift bounce.

    However, the brief gains faded at $0.14. Price is up 37% from that intraday low, but the recovery has stalled, and NIL hovers just above $0.118.

    Nillion Price Chart
    NIL price chart by CoinMarketCap

    Price has traded above this mark for much of the day, and technically, it appears buyers are exhausted.

    Sentiment is down, and the path of least resistance could be lower. Overall, downbeat sentiment for most altcoins suggests NIL may break below $0.10 again.

    Nillion price reached an all-time high of $0.95 in March 2025, which means current price levels are more than 87% off that peak. The token traded above $0.24 earlier in the week and above $0.33 in October.

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  • Bitcoin Cash price prediction: eyes on the $460 demand zone if support gives way

    Bitcoin Cash price prediction: eyes on the $460 demand zone if support gives way

    Bitcoin Cash price under bear preassure

    • Bitcoin Cash price is under selling pressure, testing support near $470.8 and $460.3.
    • Bitcoin pullback and market fear amplify downside risks for the BCH price.
    • Key resistance sits at $528.85, with potential upside if support holds.

    Bitcoin Cash price has come under significant pressure in the past 24 hours, with BCH slipping to $491.09 following a series of technical setbacks and broader market weakness.

    After failing to hold above the $530 resistance level, Bitcoin Cash (BCH) has seen selling momentum intensify, as a result of technical profit-taking and the influence of the Bitcoin price pullback.

    Eyes are now on whether BCH can stabilise above critical support levels or if the selling pressure will push the cryptocurrency toward lower demand zones.

    BCH struggles under resistance amid bear pressures

    On November 13, Bitcoin Cash surged to $532 but faced rejection at the $530–$532 zone, failing to sustain a breakout.

    The cryptocurrency’s inability to remain above the 200-day EMA at $510.56 led to a break below the crucial $515 support, triggering algorithmic sell orders.

    Technical indicators such as the MACD, which remains below its signal line, have reinforced bearish momentum, while a close below the 61.8% Fibonacci retracement at $500.23 has invalidated the short-term bullish structure.

    Traders should now watch closely for a reclaim of $515 to stabilise prices, although a drop below $480 could open the door to deeper corrections.

    Bitcoin price pullback drags BCH lower

    BCH had not been immune to the broader weakness in the crypto market.

    However, Bitcoin’s rejection near $107,000 caused capital rotation away from riskier altcoins, with Bitcoin Cash (BCH) showing a 30-day correlation of 0.89 to Bitcoin (BTC).

    This strong correlation amplified the downside, contributing to a 24-hour trading volume surge of 10.58% to $523 million as traders exited positions amid panic selling.

    Market-wide risk aversion has further fueled the decline, with derivatives data showing a 4.58% drop in BCH futures open interest and overall spot volumes falling by more than 21%, reflecting low conviction across the market.

    The Crypto Fear & Greed Index, sitting at 22, indicating “Extreme Fear,” has also intensified the bearish sentiment.

    Bitcoin Cash price short-term outlook

    On shorter timeframes, the 6-hour chart highlights heavy selling momentum as BCH nears critical support.

    The immediate support around $470.8 is under pressure, with a notable demand zone at $460.3 potentially acting as a floor for buyers.

    Resistance is positioned near $528.85, though the price has shown limited strength to test it.

    A confirmed reversal pattern above 470.8 could prompt a retracement toward $528.85, but without clear bullish signals, further decline toward the 460.3 demand zone is likely.

    Bitcoin price analysis
    Bitcoin price chart | Source: CoinMarketCap

    Traders are advised to watch for momentum shifts before entering new positions, as failure to hold support could result in accelerated downside movement.

    Longer-term resistance levels also frame the narrative for the BCH price.

    According to market analysis, holding above $473.62 is crucial for any upward movement toward $493.23, and surpassing that could pave the way to $528.85, with $544.23 marking the third resistance target.

    Conversely, if $473.62 fails to hold, BCH may slide toward the next support at $444.75, underscoring the importance of this critical level in guiding near-term market behaviour.

    Traders and investors should keep a close eye on momentum shifts, as failure to hold key support could lead BCH toward lower levels, while maintaining stability could allow for a measured rebound.

    For those tracking market dynamics, understanding the interplay between Bitcoin Cash price and broader crypto movements remains critical in anticipating potential swings and making informed decisions.

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  • TEL price soars after Telcoin received final charter approval in Nebraska

    TEL price soars after Telcoin received final charter approval in Nebraska

    • Telcoin has gained Nebraska approval for the first US digital asset bank.
    • Telcoin’s TEL token surged over 95% following the approval.
    • The bank aims to bridge traditional finance with blockchain and DeFi access.

    Telcoin (TEL) price has skyrocketed following a landmark regulatory breakthrough that positions the project at the forefront of the emerging US digital asset banking sector.

    The cryptocurrency, which had already been gaining attention for its remittance-focused infrastructure, experienced a surge of more than 95% after Nebraska regulators granted the company final approval to operate as the first Digital Asset Depository Institution in the United States.

    The approval has created a wave of optimism among investors, signalling a new era where compliant blockchain banking and traditional finance converge.

    Telcoin’s historic charter approval

    The regulatory approval allows Telcoin to operate as a fully chartered US digital asset bank.

    This gives the company the authority to issue eUSD, the first bank-issued, on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries.

    CEO Paul Neuner described the charter as a historic moment, emphasising that it enables the creation of “Digital Cash” for everyday use and connects traditional banking to blockchain-based financial services.

    By bridging crypto and traditional finance, Telcoin is now positioned to reduce regulatory risks while accelerating adoption of its remittance-focused network.

    The charter also opens the door for Telcoin to offer retail and commercial depository services, accept crypto deposits, and provide crypto-backed loans.

    The bank will leverage Federal Reserve payment rails, which enhances liquidity and trust for institutional and retail clients alike.

    Regulatory clarity has been a persistent barrier in the cryptocurrency space, and this approval sets Telcoin apart from other blockchain companies that operate without a depository trust charter.

    Nebraska’s decision demonstrates that compliant blockchain banking is achievable, offering a model that other states may follow.

    Telcoin (TEL) price reaction

    The market responded immediately with the Telcoin (TEL) price jumping from a low of $0.00284 to highs near $0.00689 within hours, before settling around $0.006 across major exchanges.

    Trading volumes also soared to approximately $1.74 million during this period, making Telcoin the top performer among the top 200 cryptocurrencies by market capitalisation.

    The cryptocurrency’s market value now stands at roughly $610 million, reflecting investor confidence in the project’s long-term prospects and its regulatory-backed utility.

    Technical indicators have reinforced the bullish sentiment, seeing that TEL has broken above the $0.0042 resistance level and has sustained momentum above the 200-day moving average, driven by short-covering and FOMO buying.

    Although the RSI has entered overbought territory, signalling strong upward pressure, the MACD confirms the breakout’s momentum.

    Telcoin price analysis
    Telcoin price chart | Source: CoinMarketCap

    Eyes are now on the $0.0067 level, which corresponds to a key Fibonacci extension, as a potential confirmation of a macro trend reversal.

    Telcoin’s growing influence in US banking

    Telcoin’s strategic vision now includes not only issuing the eUSD stablecoin but also enabling the remaining 95% of US banks to integrate blockchain-based financial services.

    The Nebraska Financial Innovation Act of 2021 laid the groundwork for this development, while the recent GENIUS Act approval provides federal guidance for stablecoins and digital assets.

    By creating a compliant bridge between fiat banking and decentralised finance, Telcoin aims to offer practical solutions for both consumers and financial institutions, further distinguishing the TEL cryptocurrency as a utility-driven asset rather than a speculative token.

    By securing regulatory approval, Telcoin strengthens its position as a leading player in this niche, attracting investors who value legal certainty and real-world application.

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  • Aster price retests $1.2 level as whale scoops 8.4M tokens

    Aster price retests $1.2 level as whale scoops 8.4M tokens

    ASTER Price

    • Aster price jumped 7% as bulls retested the $1.2 resistance level.
    • Technical breakout signals a potential upside continuation.
    • A whale has added to their ASTER accumulation, now holds over 8.4 million of these tokens.

    The Aster (ASTER) token has its price hovering above $1.17 as bulls look to retest the $1.2 resistance level.

    While the 7% intraday gains as of writing suggest a quiet day in Aster price movement standards, the uptick comes amid a notable strategic accumulation of 8.4 million ASTER tokens.

    Consistent buying activity, coupled with emerging technical patterns, could shape an upside explosion for the DEX token.

    Whale accumulates 8.4 million ASTER

    Recent on-chain data, highlighted in a post by Lookonchain on X reveals that the whale “ThisWillMakeYouLoveAgain” has significantly bolstered its position in Aster since November 4, 2025.

    Over this period, the entity has acquired 8.41 million ASTER tokens, purchased at an average price of $0.97 per token.

    This accumulation has yielded an unrealized profit of $1.1 million as of the latest updates.

    Per onchain data, the whale’s transaction history spans multiple deposits of USDT into the Aster platform and subsequent token purchases. It speaks of a calculated strategy.

    Notably, this investor previously realized substantial profits from trading PEPE.

    Another factor that is pulling Aster up is buybacks.

    Over the past 24 hours, ASTER token buybacks surged 50%, reaching a pace of $7,500 per minute.

    The initiative removed 2.4 million ASTER coins from circulation, valued at approximately $2.8 million, equivalent to 0.12% of the total circulating supply.

    The resulting supply reduction has provided bullish momentum for the token, with market sentiment further lifted by rumors of a potential Coinbase listing and a technical rebound that has drawn renewed interest from crypto traders.

    A lot of the wins are down to astute market timing, and having bought ASTER at lows this past few weeks, the suggestion is that the bull has fresh confidence in Aster’s potential.

    Aster price outlook amid technical breakout

    While many altcoins continue to struggle, Aster’s price has exhibited a technical pattern breakout.

    The token’s uptick and potential retest of the $1.2 level align with a breakout from a symmetrical triangle pattern on the 4-hour chart.

    If bulls close above the resistance line of the triangle and print a retest around $1.215 seen earlier, it could be indicative of a reversal from bearish to bullish momentum.

    Aster Price
    Aster price chart by TradingView

    The RSI and Chaikin Money Flow indicators further support this trend, with the former above 62 and likely to extend upward.

    The CMF metric signals consistent capital inflows and hints at an accumulation phase that could propel Aster toward higher resistance levels.

    Should the $1.2 barrier be breached, technical forecasts suggest potential targets between $1.25 and $1.50 in the near term.

    Bulls’ plans will be contingent on continued market support.

    However, with broader weakness, bears might have other plans.

    The coming days will therefore be critical in determining whether the token can sustain upside momentum above $1.2 or not. In the case of a negative flip, prices may fall to immediate support at lows of $1.08 and $0.96.

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  • Lisk (LSK) token price has soared 62%: here’s what is fueling the rally

    Lisk (LSK) token price has soared 62%: here’s what is fueling the rally

    Lisk (LSK) token price has soared 62%

    • The Lisk (LSK) token has surged 62% amid altcoin rotation and ecosystem growth.
    • The key support lies at $0.2574, while the immediate resistance lies between $0.3372 and $0.4591.
    • The breakout has coincided with a dramatic surge in Lisk open interest.

    Lisk (LSK) has captured the attention of crypto investors today as the token experienced a remarkable 62.6% surge in just 24 hours.

    The sudden rally has pushed LSK to new short-term highs, outpacing a broadly flat cryptocurrency market.

    Analysts are pointing to a combination of technical triggers, ecosystem developments, and market rotation that are fueling renewed optimism in the once-sleepy token.

    Explosive breakout drives market attention

    Lisk (LSK) has broken out of a descending wedge pattern that had constrained its price since July.

    In a single trading session, the token rocketed from $0.18 to an intraday high of $0.42, generating significant trading volumes.

    The breakout coincided with a dramatic 258% surge in open interest, with $38.9 million added in just four hours.

    However, a slightly negative funding rate of -1.96% intensified short liquidations, triggering $1.6 million worth of forced exits across major derivatives markets.

    Market rotation and ecosystem growth

    The LSK rally is also closely tied to broader market dynamics, where Bitcoin dominance has fallen to 59.3%, signalling a rotation of capital into high-growth altcoins.

    Lisk (LSK) benefited from this flow, seeing its 24-hour trading volume surge by over 5,500% to $237 million.

    Investors appear to be favouring LSK as a promising, undervalued token amid muted Bitcoin volatility.

    Further bolstering sentiment, Lisk’s ecosystem has shown meaningful development with the launch of a $15 million EMpower Fund supporting Web3 startups across Africa, LATAM, and Asia, while DeFi integrations like Gearbox Protocol have expanded LSK’s lending and borrowing utilities.

    The Lisk Network has also migrated to the Optimism Superchain, bringing its app ecosystem in line with other OP stack chains like Base.

    These developments enhance Lisk’s credibility and long-term growth prospects, attracting speculative capital and encouraging active trading in the short term.

    Lisk (LSK) token price outlook

    The LSK token has demonstrated a remarkable ability to rebound even after extended periods of decline, and recent developments in Web3 applications and derivatives trading have reignited investor interest.

    A blend of technical momentum, ecosystem growth, and capital rotation into altcoins underpins a cautiously optimistic outlook for Lisk (LSK) in the near term.

    If the Lisk price can maintain levels above $0.32, the token may target the $0.42–$0.45 range, signalling continued bullish momentum.

    However, traders should remain vigilant, as sharp rallies like this often experience short-term retracements, especially seeing that the RSI is already in the oversold region.

    The key levels around $0.345 and $0.402 will be crucial in shaping market sentiment, and sustained trading volumes above $200 million per day would further reinforce the breakout.

    From a technical perspective, LSK needs to stay above $0.2574 to support its upward trajectory.

    Lisk (LSK) token price analysis
    Lisk (LSK) token price chart | Source: CoinMarketCap

    Breaking through the first major resistance at $0.3372 could pave the way toward $0.4591, with a potential third resistance level at $0.5629 if bullish conditions persist.

    But on the downside, a breach below $0.2574 may expose the token to a deeper correction, with the next support level at $0.1891 serving as a critical floor for buyers, according to CoinLore.

    Overall, the Lisk (LSK) token price reflects a delicate balance between renewed optimism and short-term caution.

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  • Starknet (STRK) price soars 30%, but why is the altcoin rising?

    Starknet (STRK) price soars 30%, but why is the altcoin rising?

    Starknet (STRK) price soars 30%

    • Starknet (STRK) price technical breakout signals bullish momentum with new resistance near $0.214.
    • Bitcoin staking and BTCFi incentives drive STRK adoption and network growth.
    • S-Two prover deployment has also boosted throughput, privacy, and decentralisation on Starknet.

    Starknet (STRK) price has surged dramatically in recent days, catching the attention of traders and crypto enthusiasts alike.

    The altcoin has gained more than 30% in just 24 hours, fueled by a combination of technological upgrades, strategic integration with Bitcoin, and renewed market optimism.

    This sudden upswing has sparked questions about what is driving STRK’s momentum and whether the altcoin can sustain its gains in the near term.

    Bitcoin staking boosts STRK utility

    One of the primary drivers behind the rally is Starknet’s BTCFi initiative, which allows Bitcoin (BTC) holders to stake their BTC and earn STRK rewards while maintaining custody.

    The program has already attracted significant capital, with over $200 million staked on the network, including 880 million STRK and 835 BTC, according to the latest reports.

    By tapping into Bitcoin’s massive $2.1 trillion market capitalisation, Starknet positions STRK as a key rewards token and a practical asset for paying network fees.

    The BTCFi ecosystem expansion not only strengthens Starknet’s liquidity but also enhances its cross-chain utility.

    Investors are closely monitoring total value locked (TVL) in Bitcoin staking, which currently sits at around $1.5 billion, to gauge continued adoption and the altcoin’s potential growth.

    The influx of BTC and STRK into the network has bolstered confidence in the protocol’s future, creating a clear catalyst for the recent price surge.

    S-Two Prover accelerates adoption and decentralisation

    Another major factor propelling STRK is the deployment of StarkWare’s next-generation S-two Prover.

    Released on the mainnet a few days ago, this open-source zero-knowledge proof system is designed to increase throughput, reduce verification costs, and strengthen decentralisation.

    By producing validity proofs for every block up to ten times faster than its predecessor, the S-two prover allows real-time verification of off-chain transactions and supports new types of applications, from private DeFi protocols to zk-secured games and verifiable AI.

    S-two is designed to operate efficiently even on consumer hardware, meaning that anyone can participate in the network without relying on centralised data centres.

    This advancement not only improves network security and censorship resistance but also significantly enhances user experience.

    The combination of speed, privacy, and accessibility makes Starknet a more compelling platform for developers and investors alike, contributing directly to bullish sentiment surrounding STRK.

    Market analysts also note that the recent surge is supported by optimism surrounding Starknet’s v0.14.0 upgrade.

    The update introduces distributed sequencers, 6-second blocks, and EIP-1559-style fee burns, all of which improve decentralisation and network efficiency.

    While early migration caused temporary outages, the upgrade underscores Starknet’s commitment to building a secure, scalable Layer 2 ecosystem that can interact with both Ethereum and Bitcoin.

    Technical breakout fuels the STRK price rally

    From a technical perspective, STRK has confirmed a major bullish breakout.

    The altcoin surpassed the 38.2% Fibonacci retracement level at $0.1343 and remains above the 30-day simple moving average of $0.1216.

    Starknet price chart
    Starknet price chart | Source: CoinMarketCap

    Momentum indicators such as the RSI and MACD show strong upward trends, signalling that the altcoin has invalidated much of its previous yearly downtrend.

    With resistance set near $0.214, traders should closely watch whether the current momentum can push STRK to new highs.

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