Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.

Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.

Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve.

Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the final testnet of its solution is live.

France's proposal to tax unrealized Bitcoin gains sparks global debate.

Energy storage company with a market cap of $250 million has announced a new bitcoin reserves strategy.

The downsizing reduces Foundry's headcount from 274 to 200, with US employees accounting for 16% of the layoffs.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

After the election, bitcoin's price soared to nearly $100,000, causing MicroStrategy's stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg.

Virgin Voyages is set to launch a groundbreaking "Annual Pass" program in 2025, offering unlimited cruises for a year, and making a bold move by becoming the first cruise line to accept cryptocurrency payments.

Vladimir Putin has spoken about digital assets again, this time saying—amid ongoing sanctions against Russia—that Bitcoin cannot be banned.

Ethereum has crossed into the $3.7K zone. The market witnessed a liquidation of $44.53 million in Ethereum.

KULR Technology Group announced plans to allocate up to 90% of its cash surplus, including $12 million currently on hand, to Bitcoin. This decision aligns the company with a growing trend of businesses using Bitcoin as a treasury asset.

In our latest Cointelegraph video, we break down the odds of a Bitcoin reserve being created in the US next year and its potential impact on prices.

Bitcoin's MVRV currently stands at +4.2%, indicating that the price is nearing a correction.

On Monday, Foundry, the world's largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company's headcount from over 250 to around 80-90 employees.

The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet's DeFi offering.

Bitcoin (BTC), the largest cryptocurrency, has an unpredictable tech and economic trajectory. Even if the 21,000,000 BTC supply limit remains intact, we know nothing about the ecosystem of the largest crypto in 20 years, Jameson Lopp admits.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.

Benchmark cryptocurrency bitcoin (BTC) remains stuck in a sideways trading pattern as the glow of its post-election all-time high continues to dim. Bitcoin nearly shot above the $100,000 price point for the first time ever in the week following Donald Trump's successful election campaign.

Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.

As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer.

Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.

Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.

Bitcoin is staring down a hefty sell wall en route to $100,000 as analysts flag that sell orders and inflows to exchanges have been rising.

Bitfinex analysts see bitcoin's path to $100,000 hinging on short-term demand absorbing long-term holder selling.

Russian President Putin criticized holding state reserves in foreign currencies due to confiscation risks.

Ethereum has turned deflationary for the day due to no particular smart contract. It instead appears to be a general rise in network demand.

The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.

Key Points:

Russia's Vladimir Putin has made it official—Bitcoin is here to stay, and no one can ban it. Speaking at the Investment Forum in Moscow on December 4, Putin made it clear that he believes crypto is the future.

TL;DR MicroStrategy has achieved a 38.7% increase in its Bitcoin investment during November, accumulating a reserve of 402,100 BTC. The company acquired 149,880 BTC in November and plans to raise $42 billion through its “21/21 Plan” to continue expanding its portfolio. The return on its investment could generate $9.4 billion in net income for shareholders.

Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins.

Virgin Voyages embraces Bitcoin payments, becoming the first cruise line to accept cryptocurrency, signaling a shift toward mainstream crypto adoption.

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Metaplanet, a company listed in Tokyo and active in the technology and financial sectors, has recently announced a revolutionary initiative to reward its shareholders with Bitcoin.

The firm filed a shelf registration statement with SEC for US and Canadian compliance.

The bearish trend has not arrived on the market yet, according to CoinStats.

Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.

Russian President Vladimir Putin firmly asserted that Bitcoin (CRYPTO: BTC) and digital assets are unstoppable, describing them as essential tools for reducing costs and enhancing financial reliability. What Happened: Speaking at the Investment Forum in Moscow on Dec. 4, Putin stated, “Who can ban Bitcoin?

Botanix Lab's bespoke EVM-equivalent, Bitcoin scaling solution is attempting to bring “bitcoin back onchain."

Traders should be prepared for more volatility as BTC approaches the psychological $100k mark.

As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset's historical price movement signals a potential push toward a new all-time high.

Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since they could easily be confiscated for political reasons, saying that domestic investment of such reserves was more attractive.

Russian President Vladimir Putin reiterated support for Bitcoin and digital assets as the European powerhouse approached greater crypto adoption.

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.

Hut8 is raising $500 million to, among other things, buy bitcoin as a strategic reserve. It also announced a $250 million stocks buyback.

As Bitcoin is trying to hold above $95k, the market has started to fill with speculations of an upcoming correction. The moving average 100 at $91,700 is supporting the price and has prevented a fall below this price once.