Dubai’s new pact with Binance signals a bold push to embed blockchain and 
crypto payments into customs operations, positioning the emirate for faster 
trade flows, lower costs and a more competitive digital-economy footprint. 
Dubai Customs–Binance Blockchain Partnership Advances Digital Trade Dubai 
Customs, a government entity overseeing the emirate’s trade gateways, said on 
Dec. 7 that […]

Binance and Dubai Customs Partner to Expand Crypto Payments

The Commodity Futures Trading Commission has opened the door for tokenized 
assets to be used across U.S. derivatives markets. The commission has launched 
a digital assets pilot program covering Bitcoin, Ethereum, USDC, and tokenized 
real-world assets. In its Dec .…

U.S. CFTC launches pilot for tokenized derivatives collateral

Ethereum price started a fresh increase above $3,050. ETH is now consolidating 
gains and might aim for more gains if it clears the $3,180 resistance. 
Ethereum started a fresh increase above the $3,020 and $3,050 levels. The 
price is trading above $3,075 and the 100-hourly Simple Moving Average. There 
is a short-term contracting triangle forming with resistance at $3,150 on the 
hourly chart of ETH/USD (data feed via Kraken). The pair could continue to 
move up if it settles above the $3,180 zone. Ethereum Price Faces Resistance 
Ethereum price managed to stay above $2,950 and started a fresh increase, like 
Bitcoin. ETH price gained strength for a move above the $3,020 and $3,050 
resistance levels. However, the bears were active below $3,200. A high was 
formed at $3,179 and the price is now consolidating. There was a minor drop 
below the 23.6% Fib retracement level of the upward wave from the $2,914 swing 
low to the $3,179 low. Ethereum price is now trading above $3,075 and the 
100-hourly Simple Moving Average. If there is another upward move, the price 
could face resistance near the $3,150 level. There is also a short-term 
contracting triangle forming with resistance at $3,150 on the hourly chart of 
ETH/USD. The next key resistance is near the $3,180 level. The first major 
resistance is near the $3,220 level. A clear move above the $3,220 resistance 
might send the price toward the $3,350 resistance. An upside break above the 
$3,350 region might call for more gains in the coming days. In the stated 
case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the 
near term. Downside Break In ETH? If Ethereum fails to clear the $3,180 
resistance, it could start a fresh decline. Initial support on the downside is 
near the $3,080 level. The first major support sits near the $3,015 zone and 
the 61.8% Fib retracement level of the upward wave from the $2,914 swing low 
to the $3,179 low. A clear move below the $3,015 support might push the price 
toward the $2,975 support. Any more losses might send the price toward the 
$2,920 region. The next key support sits at $2,840 and $2,820. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the 
bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major 
Support Level – $3,015 Major Resistance Level – $3,180

Ethereum Price Cooling Off: Healthy Consolidation or Momentum Fading?

Ethereum is edging closer to a major decision point as price action tightens 
between key support and resistance levels. Momentum is building, but the 
market now awaits to see whether bulls can force a breakout or if a deeper 
pullback ensues. Ethereum Holds The Line: $3,000 Support Ignites Fresh Upside 
According to a recent update by analyst Ted Pillows, Ethereum has demonstrated 
resilience in the face of recent market volatility. The asset successfully 
held up the crucial $3,000 level and is now showing signs of moving higher, 
suggesting that this level remains a strong foundation for the current price 
action. Related Reading: Ethereum Shows Strength: Indicators Suggest Bigger 
Moves Ahead Ted highlighted a significant external factor contributing to the 
upward pressure: some large whales have reportedly opened ETH long positions. 
This institutional or large-scale buying interest has been identified as a 
major driver fueling the current price move, suggesting that deep-pocketed 
investors anticipate further appreciation. The analyst provided a clear 
trigger zone for the next significant leg up. If ETH can break decisively 
above the $3,300–$3,400 level, it will serve as structural confirmation, 
expected to trigger a swift rally to the next resistance zone between $3,700 
and $3,800. However, Ted also outlined the risk scenario. A failure to break 
above the $3,300–$3,400 zone could result in the asset turning back down for 
another retest of the foundational $3,000 zone. Upside Reaction Expected From 
Major Support Zone In an earlier update, More Crypto Online highlighted that 
Ethereum is currently reacting from a major weekly support zone, suggesting 
that an upside move remains likely. However, the analysis also noted the 
possibility of one more low before a stronger reaction takes shape, keeping 
both scenarios firmly in play. Related Reading: Ethereum Is Sitting On Its 
Most Critical On-Chain Support Level — A Rally Emerging? The key resistance 
area above remains the most important region to watch. Once ETH approaches 
this zone, the market will essentially be forced to decide which direction it 
will take over. Both bullish and bearish scenarios remain valid based on the 
broader market structure. What ultimately shifts the probability toward one 
side is how ETH behaves at these critical levels. A sustained hold and strong 
reaction could reinforce the bullish case, while weakness or rejection could 
signal the opposite. For now, the market is still in the phase before major 
confirmation. If Ethereum loses support and forms a clear five-wave decline to 
the downside, the bearish “white scenario” becomes the leading outlook. Until 
then, the chart simply outlines the conditions that will reveal the market’s 
preferred path once price makes its next decisive move. Featured image from 
Freepik, chart from Tradingview.com

Ethereum Inches Toward A Critical Decision Point: Bullish Break Or Deeper Dive?

Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains 
and might dip again if there is a clear move below $89,500. Bitcoin started a 
downside correction from the $92,500 zone. The price is trading below $91,000 
and the 100 hourly Simple moving average. There is a contracting triangle 
forming with support at $90,000 on the hourly chart of the BTC/USD pair (data 
feed from Kraken). The pair might continue to move up if it settles above the 
$92,500 zone. Bitcoin Price Dips Again Bitcoin price managed to stay above the 
$90,000 zone and started a fresh increase. BTC gained strength for a move 
above the $91,500 and $92,000 levels. However, the bears were active near 
$92,500. A high was formed at $92,269 and the price recently corrected some 
gains. There was a drop below the 50% Fib retracement level of the upward move 
from the $87,777 swing low to the $92,269 high. However, the bulls were active 
near the $90,000 support. Bitcoin is now trading below $90,000 and the 100 
hourly Simple moving average. Besides, there is a contracting triangle forming 
with support at $90,000 on the hourly chart of the BTC/USD pair. If the bulls 
remain in action, the price could attempt another increase. Immediate 
resistance is near the $90,800 level. The first key resistance is near the 
$91,200 level. The next resistance could be $92,000. A close above the $92,000 
resistance might send the price further higher. In the stated case, the price 
could rise and test the $92,500 resistance. Any more gains might send the 
price toward the $93,500 level. The next barrier for the bulls could be 
$94,200 and $94,500. More Losses In BTC? If Bitcoin fails to rise above the 
$92,000 resistance zone, it could start another decline. Immediate support is 
near the $90,000 level. The first major support is near the $89,500 level and 
the 61.8% Fib retracement level of the upward move from the $87,777 swing low 
to the $92,269 high. The next support is now near the $88,800 zone. Any more 
losses might send the price toward the $87,500 support in the near term. The 
main support sits at $86,500, below which BTC might accelerate lower in the 
near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in 
the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now below the 50 level. Major Support Levels – $90,000, followed by 
$89,500. Major Resistance Levels – $91,200 and $92,000.

Cryptocurrency price in MYR