Alt5 Sigma is facing fresh scrutiny after conflicting timelines in its SEC 
filings raised questions about how and when the company disclosed the 
resignation of its independent accountant. In a Black Friday submission, Alt5 
Sigma told the SEC it learned…

Trump-linked ALT5 Sigma faces scrutiny for violation of SEC disclosure rules

A fast climb to more than $336 million in assets since launch propelled 
Canary’s XRP fund to the top of the U.S. market, signaling intensifying 
institutional interest in regulated access to blockchain-based exposure. XRPC 
Ignites a New Era for XRP Exposure Canary Capital Group LLC announced on Nov. 
30 that its Canary XRP ETF (Nasdaq: […]

Canary’s XRP Titan Breaks Records as XRP ETF Demand Explodes

Ethereum price started a fresh decline below $2,880. ETH is now attempting to 
recover from $2,720 but the bulls might face resistance. Ethereum started a 
fresh decline below $2,880 and $2,800. The price is trading below $2,850 and 
the 100-hourly Simple Moving Average. There is a short-term bearish trend line 
forming with resistance at $2,820 on the hourly chart of ETH/USD (data feed 
via Kraken). The pair could continue to move up if it settles above the $2,850 
zone. Ethereum Price Attempts Recovery Ethereum price failed to stay above 
$2,950 and started a fresh decline, like Bitcoin. ETH price declined below 
$2,880 to enter a bearish zone. The bears even pushed the price below $2,800. 
A low was formed at $2,718 and the price is now attempting to recover. There 
was a move above the $2,750 level. The price climbed above the 23.6% Fib 
retracement level of the downward move from the $3,052 swing high to the 
$2,718 low. Ethereum price is now trading below $2,850 and the 100-hourly 
Simple Moving Average. If there is another upward move, the price could face 
resistance near the $2,820 level. There is also a short-term bearish trend 
line forming with resistance at $2,820 on the hourly chart of ETH/USD. The 
next key resistance is near the $2,880 level or the 50% Fib retracement level 
of the downward move from the $3,052 swing high to the $2,718 low. The first 
major resistance is near the $2,920 level. A clear move above the $2,920 
resistance might send the price toward the $3,000 resistance. An upside break 
above the $3,000 region might call for more gains in the coming days. In the 
stated case, Ether could rise toward the $3,050 resistance zone or even $3,150 
in the near term. Another Decline In ETH? If Ethereum fails to clear the 
$2,880 resistance, it could start a fresh decline. Initial support on the 
downside is near the $2,760 level. The first major support sits near the 
$2,740 zone. A clear move below the $2,740 support might push the price toward 
the $2,720 support. Any more losses might send the price toward the $2,650 
region in the near term. The next key support sits at $2,550 and $2,500. 
Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in 
the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. 
Major Support Level – $2,720 Major Resistance Level – $2,880

Ethereum Takes a Blow, Though Buyers Continue Shielding Key Price Floors

A Bitcoin surge could intensify market volatility, triggering a short squeeze 
that amplifies price spikes and impacts leveraged trading dynamics.
The post Bitcoin&#8217;s rise to $96.9K could trigger $9.6B short position 
liquidation appeared first on Crypto Briefing.

Bitcoin’s rise to $96.9K could trigger $9.6B short position liquidation

In a strategic move, Tether has shifted its reserve strategy, reducing its 
exposure to treasuries while increasing allocations to Bitcoin and gold. The 
USDT issuer has shown a notable reduction in government debt exposure, paired 
with an expanded position in hard assets known for durability and independence 
from traditional financial systems. Treasury Exposure Drops Amid Changing 
Macro And Regulatory Landscape Stablecoin giant, Tether, has reduced its US 
Treasury holdings and increased its Gold and Bitcoin reserves. CryptosRus 
reported on X that Tether is quietly repositioning itself for what the company 
expects to be the Federal Reserve&#8217;s (FED) next round of rate cuts. Related 
Reading: Rumble At The Core: How Tether Plans To Dominate The US Stablecoin 
Market According to BitMex founder Arthur Hayes, Tether&#8217;s latest reserve 
update shows a clear shift away from the US treasuries and deeper into BTC and 
gold, a sign that the company is positioning for a changing macro environment. 
Furthermore, the Standard &amp; Poor (S&amp;P) Global noted that Tether is now leaning 
more heavily into assets with larger price swings in value, warning that this 
mix could expose USDT if markets turn volatile. Meanwhile, the current S&amp;P 
Global rating on Tether remains weak. Thus, Tether CEO Paolo Ardoino has 
pushed back, saying that the company holds no toxic assets. He claims that its 
rapid growth reflects a broader shift towards new financial systems that 
operate outside the traditional banking world. Why Attempts To Break Tether 
Are Difficult In Practice Crypto analyst Ted Pillows has also offered insight 
into the Tether Fear Uncertainty and Doubt (FUD) as it is making its usual 
rounds again. The narrative is latching onto the company&#8217;s latest attestation, 
showing a notable shift into Gold and Bitcoin to offset declining interest 
income. Meanwhile, if these risk assets drop by 30%, Tether&#8217;s equity buffer 
could evaporate, creating an environment where Tether will be insolvent, and 
panic will kick in. Related Reading: Tether Targets $500 Billion Valuation In 
New Equity Offering Amid US Expansion Plans However, Ted is steadfast and 
believes that Tether has been through a decade of this same FUD, and USDT is 
still sitting at $1.00. They&#8217;re fully liquid, but they operate on a 
fractional-reserve model, much like traditional banks. As long as redemptions 
remain normal, everything will work smoothly. A problem will only arise if 
there&#8217;s an irrational panic, and then liquidity stress could hit quickly. 
According to Ted, the USDT isn&#8217;t fully backed by cash, but it&#8217;s backed by a 
diverse portfolio that includes the US treasuries, yield-generating assets, 
and some risk assets. This is all scaled to a massive $174 billion stablecoin. 
&#8220;If someone wants to kill USDT, it&#8217;s possible, but I highly doubt it,&#8221; Ted 
noted. Featured image from Pixabay, chart from Tradingview.com

Cryptocurrency price in SAR