RLUSD recently surpassed $1 billion in supply on Ethereum, as the token gains 
regulatory approval in Abu Dhabi.

Ripple RLUSD stablecoin surpasses $1b in supply on Ethereum

Silver, the oftentimes belittled commodity metal, has reached a historic price 
high, with prices soaring over $56 per ounce. The move is part of a cup and 
handle formation in the making for decades, and analysts stress that prices 
can reach even higher. Silver Breaks All-Time High Prices as Five Decades Cup- 
and-Handle Formation Breaks Out […]

Silver Breaks Record Prices in Historic Cup and Handle Event

IBIT options now account for nearly all, or 98%, of the Bitcoin ETF options 
trading, according to Bloomberg News.

Nasdaq wants to let Bitcoin options run wild

Bitcoin has managed to reclaim the $90,000 level after days of intense 
volatility, but upward momentum remains limited as the market continues to 
battle uncertainty and fear. While bulls have regained some ground, selling 
pressure is still dominating sentiment, and speculation about the start of a 
new bear market continues to grow. Many analysts warn that the recent bounce 
may not be enough to shift the broader trend unless stronger demand returns. 
Related Reading: XRP Reserves On Binance Collapse To Record Lows: Investors 
Move Toward Long-Term Holding According to fresh data from Darkfost, short- 
term stress among investors has eased slightly. The amount of BTC sent to 
exchanges at a loss has dropped sharply, now sitting around 11,600 
BTC—significantly lower than the extreme 67,000 BTC capitulation spike 
recorded on November 22nd. This decline suggests that panic-driven selling may 
be cooling off, giving the market a temporary moment of stabilization. 
However, despite this improvement, Bitcoin still faces strong headwinds. 
Investors remain cautious, liquidity conditions are tight, and macro 
uncertainty continues to weigh on risk assets. For now, BTC must hold above 
the $90K region and show sustained strength to avoid renewed downside 
pressure. The coming sessions may determine whether this rebound marks the 
start of recovery—or just a pause before another leg lower. Short-Term Holders 
Face a Critical Decision Point Darkfost adds that the amount of BTC in profit 
being sent to exchanges by short-term holders remains relatively low at around 
9,500 BTC. However, a slight increase has appeared as Bitcoin climbed back 
above $90K, showing that some STHs have begun testing the market to secure 
small gains or reduce their exposure. This subtle shift highlights a growing 
tension among recent buyers, who must choose between waiting for a full return 
to break even or selling now to minimize further losses. This situation 
creates a delicate environment. Even though selling pressure has eased, STHs 
remain highly sensitive to small price movements, and their behavior often 
dictates short-term market direction. The past few days have been unusually 
calm compared to the violent capitulation seen earlier in the month, and that 
calmness is actually constructive. It suggests that panic has temporarily 
subsided and the market is trying to find balance. What becomes critical now 
is monitoring how STHs react as Bitcoin approaches their realized price. If 
they hold and confidence increases, BTC could gain enough stability to push 
higher. If they sell aggressively, renewed downside pressure could quickly 
return. The next move from this cohort will likely set the tone for the coming 
weeks. Related Reading: Bitcoin Coinbase Premium Still Negative: US 
Institutions Keep Selling Despite Easing Pressure Bitcoin Attempts Recovery 
But Faces Heavy Overhead Resistance Bitcoin’s daily chart shows the asset 
attempting a recovery after reaching a capitulation low near $80K, but the 
structure remains fragile. Price has reclaimed the $90K area, yet momentum is 
limited as BTC trades below the 50-day and 100-day moving averages—both of 
which continue sloping downward, signaling sustained bearish pressure. The 
200-day moving average sits higher, reinforcing the broader downtrend that has 
formed since early October’s $126K peak. Recent candles reflect a hesitant 
rebound: upward wicks show sellers defending every push toward $92K–$94K, 
while the tight body ranges highlight indecision. Volume has cooled 
significantly compared with the panic-driven sell-off earlier in November, 
suggesting that forced selling has eased but strong buy-side conviction is 
still missing. Related Reading: Major Bitcoin LTH Sell-Off Signals Cycle 
Exhaustion as Supply Drops to 13.6M BTC Structurally, BTC remains below key 
resistance clusters formed during its previous consolidation. Reclaiming these 
zones will be essential for invalidating the bearish trend. Until then, every 
bounce risks becoming a lower high within a broader corrective structure. On 
the downside, the $85K–$87K region remains the most important support. A 
breakdown below it could reopen the path toward deeper corrective targets. For 
now, Bitcoin is attempting to stabilize, but bulls must reclaim higher levels 
soon to shift market sentiment and avoid renewed downside pressure. Featured 
image from ChatGPT, chart from TradingView.com

Bitcoin STH Loss Transfers Fall 80% From Peak – What Comes Next?

In the rapidly evolving landscape of digital finance, Ethereum is quickly 
establishing itself as the primary infrastructure for global on-chain capital 
markets. From tokenized bonds and money market funds to institutional 
liquidity rails, the world’s capital is beginning to migrate to an ecosystem 
where transactions are programmable, auditable, and borderless. Why Is 
Ethereum Chosen As The Default Choice For Global Rails The global capital 
markets are moving on-chain to Ethereum because it is credibly neutral. ETH 
has never experienced downtime, and it possesses the economic security 
necessary to support the world&#8217;s financial system. Investor and founder of 
GM42NFT, Captain GM, has stated that ETH is not fast enough to support trading 
because it wasn&#8217;t built for it. Related Reading: Ethereum Price Falls 25% But 
On-Chain Data and Institutional Staking Signal Q4 Recovery Potential However, 
the attempts to build a genuinely fast on-chain trading environment have 
consistently led teams to centralize significant parts of the trading system. 
This move creates security, reliability, and neutrality concerns for a system 
designed to be global. These compromises are in direct conflict with the very 
benefits that ETH provides, and make it the chosen blockchain for global 
finance. This is where Raya Network steps in to solve these issues at the 
core. Raya is delivering a decentralized exchange (DEX) with institutional- 
grade execution speed and Ethereum-level security. It&#8217;s a platform that is as 
fast as TradFi and remains simultaneously secure, reliable, and credibly 
neutral as exactly DeFi should be. &#8220;Fast is easy, decentralized is hard, and 
it&#8217;s only Reya that does both,&#8221; Captain GM noted. Analyst Alucard mentioned 
that the Raya network has become one of the few projects that genuinely solves 
the speed and security problem. The sub-millisecond execution speeds, trades 
are fully verified on ETH, and there&#8217;s no dependence on a single sequencer. 
This is an engineered combination designed for real progress in the space. 
However, over 45% of the token supply is allocated to the community. Reya, 
combined with the ETH buyback mechanism, creates an ecosystem that&#8217;s aligned 
both technically and economically. They&#8217;re building something fast and secure, 
and because of that, Reya sits in a different category. Why Reya’s Design 
Feels More Like A New Standard Than Another DEX A trader and ambassador of 
Somnia, Onur, has also explained that his experience with Reya feels like a 
full redesign of on-chain execution rather than a small improvement. It offers 
sub-millisecond fills, unified margin, Ethereum security with ZK settlement, 
and smooth flow through EigenDA. Related Reading: Ethereum Price Attempts 
Fresh Recovery as Bullish Pressure Builds According to Onur, the peer-to-pool 
model keeps trades consistent, efficient, and free from bottlenecks or hidden 
edges. As a result of this approach, Reya isn&#8217;t just another venue anymore, 
and it&#8217;s actively becoming the new execution standard for DeFi. Featured image 
from Peakpx, chart from Tradingview.com

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