Reliance Global Group’s decisive shift into zcash signals a powerful bet on 
privacy-driven crypto, positioning the company to capitalize on rising 
institutional demand and the accelerating momentum behind ZEC’s next- 
generation financial architecture. Reliance Global Group Realigns Treasury 
Toward Zcash Reliance Global Group Inc. (Nasdaq: RELI) announced on Nov. 25 
that it shifted its digital asset […]

Nasdaq-Listed Reliance Dumps Broad Crypto Stack With Rapid Consolidation Into Zcash

A new proposal on Balancer’s governance forum sets the stage for how the 
protocol plans to handle the next phase of its recovery effort. Balancer has 
outlined a reimbursement plan that would return roughly $8 million in rescued 
assets to…

Balancer to repay liquidity providers $8M in recovered funds after $128M v2 exploit

Switzerland will enshrine a global crypto tax sharing framework into law on 
Jan. 1, but will delay implementing it until at least 2027.

Switzerland delays crypto tax info sharing until 2027

Ethereum price started a recovery wave and surged above $3,000. ETH might 
continue to rise if it clears the $3,080 resistance. Ethereum started a 
recovery wave above $2,980 and $3,000. The price is trading above $2,960 and 
the 100-hourly Simple Moving Average. There is a key bullish trend line 
forming with support at $2,950 on the hourly chart of ETH/USD (data feed via 
Kraken). The pair could continue to move up if it settles above the $3,080 
zone. Ethereum Price Eyes More Gains Ethereum price managed to stay above 
$2,880 and started a recovery wave, like Bitcoin. ETH price was able to climb 
above the $2,920 and $2,950 levels. The bulls were able to push the price 
above the 61.8% Fib retracement level of the downward move from the $3,165 
swing high to the $2,620 low. The bulls even pumped the price above $3,000 but 
they struggled to clear the $3,080 zone. The price failed to settle above the 
76.4% Fib retracement level of the downward move from the $3,165 swing high to 
the $2,620 low. Ethereum price is now trading above $2,960 and the 100-hourly 
Simple Moving Average. Besides, there is a key bullish trend line forming with 
support at $2,950 on the hourly chart of ETH/USD. If there is another upward 
move, the price could face resistance near the $3,050 level. The next key 
resistance is near the $3,080 level. The first major resistance is near the 
$3,120 level. A clear move above the $3,120 resistance might send the price 
toward the $3,165 resistance. An upside break above the $3,165 region might 
call for more gains in the coming days. In the stated case, Ether could rise 
toward the $3,220 resistance zone or even $3,250 in the near term. Another 
Decline In ETH? If Ethereum fails to clear the $3,080 resistance, it could 
start a fresh decline. Initial support on the downside is near the $2,950 
level. The first major support sits near the $2,880 zone. A clear move below 
the $2,880 support might push the price toward the $2,840 support. Any more 
losses might send the price toward the $2,800 region in the near term. The 
next key support sits at $2,750 and $2,740. 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 – $2,950 Major 
Resistance Level – $3,080

Ethereum Trades Steady at $3K as Market Eyes Imminent Volatility Shift

On-chain analytics firm Glassnode has revealed in a report how long-term 
Bitcoin liquidity has witnessed a sharp decline alongside the market downturn. 
Bitcoin Long-Term Holder Liquidity Ratio Has Plunged Recently In its latest 
weekly report, Glassnode has talked about how liquidity in the Bitcoin market 
has changed following the recent downturn. Glassnode has gauged the 
&#8220;liquidity&#8221; using the Realized Profit/Loss Ratio, an on-chain metric that 
measures the ratio between the profit and loss that BTC investors are 
realizing through their transactions. Related Reading: Bitcoin’s New ‘Line In 
The Sand’ May Be $82,000, Not $56,000: Analyst Current demand momentum can be 
tracked using a version of this indicator that specifically tracks the 
profitability of the short-term holders (STHs), investors who purchased their 
coins within the past 155 days. As the below chart shows, the STH Realized 
Profit/Loss Ratio was at relatively high levels earlier, but since early 
October, its value has plummeted. With a value of just 0.07, the indicator is 
now sitting deep inside the loss region, a sign that the recent Bitcoin buyers 
have overwhelmingly been capitulating at a loss. &#8220;Such overwhelming loss 
dominance confirms that liquidity has evaporated, especially after the heavy 
demand absorption seen in Q2–Q3 2025 as long-term holders increased their 
spending,&#8221; explained the analytics firm. The metric fell to similar lows back 
in Q1 2022, but so far, market weakness hasn&#8217;t been as prolonged. The report 
noted that if the ratio continues to be depressed, market conditions could 
mirror those from back then. While short-term demand momentum has collapsed, 
the same hasn&#8217;t been true for long-term liquidity, at least not yet. Long-term 
momentum can be measured using the Realized Profit/Loss Ratio of the long-term 
holders (LTHs), representing the more resolute section of the market (holding 
time greater than 155 days). From the above chart, it&#8217;s visible that the 7-day 
exponential moving average (EMA) of the Bitcoin LTH Realized Profit/Loss Ratio 
has witnessed a sharp decline as BTC has crashed. Despite the drop, however, 
the metric&#8217;s value is still 408, implying LTHs are realizing, on average, a 
profit that&#8217;s 408 times the loss. This means that the long-term liquidity is 
still healthy compared to Q1 2022, or even the major bottom formations from 
the current cycle. Glassnode warned, however, &#8220;if liquidity continues to fade 
and this ratio compresses toward 10x or lower, the probability of 
transitioning into a deeper bear market becomes difficult to ignore.&#8221; Related 
Reading: XRP Rebounds From Channel Bottom, Analyst Says $2.60 Could Be Next It 
now remains to be seen how the LTH Realized Profit/Loss will change for 
Bitcoin in the near future, and if liquidity will see a further squeeze. BTC 
Price At the time of writing, Bitcoin is trading around $90,600, down 1.3% 
over the past week. Featured image from Dall-E, Glassnode.com, chart from 
TradingView.com

Cryptocurrency price in VND