Pi Network price has formed a bearish setup just as roughly 9 million tokens 
are set to be unlocked on Thursday, Dec. 25. This could lead to renewed 
selling pressure on the token. After hitting a November high of $0.279,…

Pi Network price risks crash on Christmas Day as 8.7M token unlock looms

Matador Technologies Inc. has secured final approval from the Ontario 
Securities Commission for a $58.4M short-form base shelf prospectus, enabling 
flexible capital raises over 25 months. Fortifying the Liquidity Backbone 
Matador Technologies Inc., a publicly traded bitcoin ( BTC) ecosystem company, 
has announced a major milestone in its capital markets strategy with the 
receipt of […]

Canadian Bitcoin Firm Matador Secures $58M Shelf Prospectus Amid Treasury Expansion

After being rejected from the $3,000 level, Ethereum (ETH) is trying to hold a 
key support zone and build a base around this area. Some analysts have 
suggested that the altcoin must reclaim the crucial resistance soon or risk 
potential drop to new multi-month lows. Related Reading: XRP ETFs Record 
25-Day Streak As Price Eyes Key Resistance Level Ethereum Forms Head And 
Shoulder Pattern Amid the broader market volatility, Ethereum has been 
attempting to hold the recently reclaimed $2,900 level as support to 
potentially challenge higher resistance levels in the coming days. The 
cryptocurrency has been trading within the $2,800-$3,400 price range over the 
past month, hitting a high of $3,447 nearly two weeks ago. Since reaching the 
local high, ETH has struggled to hold the range’s high, falling to the lows 
again during last week’s market correction. Amid this performance, the King of 
Altcoins is currently registering its worst Q4 performance since 2019, with a 
negative performance of 28.76%. Moreover, it is also recording a red December 
so far, trading 1.3% below its monthly opening of $2,991. Some analysts have 
warned that ETH’s pain may not be over, as it appears to be forming a pattern 
that could spell trouble for the cryptocurrency. In a Tuesday X post, Ali 
Martinez suggested that Ethereum started forming a head and shoulder pattern 
following the massive corrections that the send most cryptocurrencies to 
multi-month lows. Per the chart, the altcoin formed the left shoulder between 
late November and early December after bouncing from the $2,780 support. 
Meanwhile, the pattern’s head was formed during the mid-December rebound that 
led to the $3,400 local high. Now, as price is rejected from the $3,000 area 
again, the cryptocurrency appears to be forming the right shoulder. This 
suggests that ETH’s price could drop to the $2,800 area to complete the 
pattern’s formation. Martinez noted that if the pattern is completed, it could 
lead to a 15% potential move toward $2,400, a level not seen since the start 
of the Q3 breakout. ETH Price In Trouble? Other market observers suggested 
Ethereum could be in trouble after being rejected from the $3,000 barrier 
again. Ted Pillows noted that the altcoin tried to reclaim this level but 
failed, closing Monday around the $2,948 area. To the analyst, If ETH doesn&#8217;t 
reclaim this key barrier soon, it could likely drop towards the $2,700-$2,800 
support zone. On the contrary, a daily close above this level would set the 
base for a rally toward the $3,300 level. Similarly, Sjuul from AltCryptoGems 
affirmed that Ethereum “is a bit in trouble after that nasty bearish deviation 
on top of the range.” He highlighted the altcoin’s rejection from the mid- 
December highs, which sent the price the lower zone of its one-month range. 
Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is 
DOGE Price Lagging? Based on this, the analyst suggested that investors could 
expect “the same to happen on the lower band,” which would see the price 
retest the $2,600-$2,700 area, and drop as low as $2,400, before bouncing 
toward the range highs again. Nonetheless, Sjuul declared that “bulls need to 
establish a proper uptrend here because losing $2700 would be a negative 
sign.” As of this writing, Ethereum is trading at $2,933, a 2.53% decline in 
the daily timeframe. Featured Image from Unsplash.com, Chart from 
TradingView.com

More Pain For Ethereum? Head And Shoulder Pattern Signals $2,400 Breakdown

With Washington flipping the script on digital assets, crypto companies struck 
$8.6 billion in deals in 2025, notching the industry&#8217;s busiest mergers and 
acquisitions year to date. According to a Financial Times report citing 
PitchBook data, 267 deals were recorded…

Crypto deal volume hits record $8.6B in 2025 amid regulatory tailwinds

Gnosis Chain, which plays a key infrastructural role in Balancer’s ecosystem, 
has executed a hard fork to recover a portion of funds that were frozen during 
the $116 million early November exploit of the protocol. According to an 
official announcement,…

Cryptocurrency price in CNY