Schlagwort: crypto business

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NEAR eyes $1.6 as NEAR Intents integrates with Starknet

Key takeaways

  • NEAR is up by less than 1% and is approaching $1.5.
  • The positive performance comes despite the broader crypto market underperforming.

NEAR Intents integrates with Starknet

NEAR, the native coin of the Near Protocol, is trading at $1.48 per coin, up by less than 1% in the last 24 hours. Its positive performance comes despite the massive selloff in the broader cryptocurrency market. 

The coin bucked the trend thanks to Near Protocol’s NEAR Intents platform integration with Starknet, a ZK execution layer scaling Ethereum on Thursday. The integration effectively brings chain-abstracted, intent-based swaps into the ecosystem. 

It also allows users to seamlessly transition between Starknet and the broader cryptocurrency space without having to bridge or go through a complex multi-step process.

NEAR Intents is built on the NEAR layer-1 blockchain, allowing users to swap assets from approximately 25 supported blockchains directly into Starknet. Furthermore, users can also purchase Starknet (STRK) using over 100 tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and more.

NEAR eyes $1.6 despite bearish market conditions

The NEAR/USD 4-hour chart is bearish and efficient as the coin has added roughly 1% to its value over the last 24 hours. At press time, NEAR is trading at $1.48 and could rally higher in the near term.

The Relative Strength Index (RSI) has increased to 36 on the 4-hour chart, confirming a short-term momentum. However, if the RSI remains within the bearish region, NEAR cannot sustain a rally towards the major resistance level at $1.80.

NEAR/USD 4H Chart

The Moving Average Convergence Divergence (MACD) indicator is still bearish but could flash a buy signal once the upward trend continues. This signal manifests with the blue MACD line crossing above the red signal line, encouraging traders to increase their exposure in this market. 

However, if the recovery fails, NEAR could retest the $1.45 support level over the next few hours.

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ADA could slip below $0.30 as bearish momentum builds

Key takeaways

  • ADA is down 4% in the last 24 hours and is now trading below $0.37.
  • The bearish trend could see ADA decline below the $0.30 psychological level.

Cardano’s on-chain shows further bearish movement

Cardano’s ADA is down by 4% in the last 24 hours, making it one of the worst performers among the top 10 cryptocurrencies by market cap. The bearish performance comes amid poor on-chain data.

According to Santiment’s Social Dominance metric for Cardano, the current outlook for the cryptocurrency remains bearish. The index measures the share of ADA-related discussions across the cryptocurrency media. 

This metric has consistently declined since mid-November, reaching an annual low of 0.032% on Thursday. This dip indicates fading market interest and weakening sentiment among Cardano investors.

As more traders move their coins from wallets to exchanges, ADA continues to face selling pressure as investors decrease their exposure to the market. 

On the derivatives aspect, data also supports a further bearish outlook for ADA. Coinglass’s OI-Weighted Funding Rate data show that the number of traders betting that the price of ADA will decrease as more traders expect a price decline in the near term. 

The OI-Weighted Funding Rate turned negative on Thursday, down 0.0019%, suggesting that shorts are paying longs. If this metric flips negative, ADA usually faces heavy selling pressure. 

ADA could retest $0.30 as bears remain in control

The ADA/USD 4-hour chart is bearish and inefficient as Cardano has underperformed over the past few days. The coin faced rejection from the upper trendline of the falling wedge pattern on December 9 and has lost 22% of its value since then.

At press time, ADA is trading at $0.36 and could dip lower in the near term. If ADA continues its downward trend, the bears could push the price towards the October 10 low of $0.27. 

ADA/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart reads 31, nearing oversold territory, indicating strong bearish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover on Monday, further supporting the negative outlook.

If the bulls regain momentum, ADA could rally towards the 50-day EMA at $0.47 over the next few days.

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Bitcoin eyes $90k ahead of CPI: Check forecast

Key takeaways

  • BTC is up by less than 1% and is trading above $87k.
  • The market is preparing for the CPI data release in a few hours. 

Bitcoin trades above $87k

The cryptocurrency market has been choppy since the start of the week, with most coins and tokens currently trading in the red. Bitcoin is trading at $87k after losing the $90k psychological level earlier this week.

The bearish performance comes ahead of the release of the CPI data in the United States later today. U.S. inflation data for November, expected to show a 3.1% increase in CPI, could influence Federal Reserve interest rate decisions.

With the October CPI absent due to the government shutdown, the November CPI will give investors a fresh look at price pressure.

Some analysts are optimistic that Bitcoin could experience a temporary relief in the near term. Nick Forster, Founder at the onchain options platform, Derive.xyz, stated that,

“BTC positioning remains decisively bearish. 30-day BTC volatility has climbed back toward 45%, while skew hovers around -5%. Longer-dated skew is also anchored around -5%, signalling that traders are pricing continued downside risk through Q1 and Q2, as ongoing sell pressure from previously inactive wallets weighs on spot prices.”

The analyst added that for BTC, the probability of reaching $100K sits near 30%, while the chance of reclaiming all-time highs remains around 10%.

BTC could risk a deeper correction

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed over the past few days. The bearish performance comes after Bitcoin’s price faced a rejection from a descending trendline on Friday and has lost 7% of its value since then.

BTC/USD 4H Chart

The leading cryptocurrency retested the $85k support level on Wednesday but has bounced back and is now trading above $87k per coin. 

If the correction continues and Bitcoin closes the daily candle below the $85,569 support, Bitcoin could extend the decline toward the psychological $80,000 level.

The Relative Strength Index (RSI) on the daily chart is at 41, below its neutral level of 50, indicating bearish momentum gaining traction. Moreover, the Moving Average Convergence Divergence (MACD) lines are also within the bearish region. 

However, if BTC recovers and closes above $85,569, it could extend the rally towards the resistance level at $94,253.

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Uniswap price gains amid potential 100M UNI burn

  • Uniswap price eyes gains above $5.20 after bouncing off lows of $4.87.
  • Gains come as the Uniswap community prepares to vote on a key governance proposal.
  • The vote could see 100 million UNI burned in the coming days.

Uniswap’s governance token has witnessed a slight price surge as traders position ahead of a potential network burn of 100 million UNI tokens.

This move, tied to the recently proposed “Unification” governance vote, seems to have sparked optimism among investors, with UNI seeing a notable spike in trading volume over the past 24 hours.

The gains for Uniswap come after a recent slump and amid broader market weakness that has altcoins mirroring Bitcoin’s struggles.

Uniswap price eyes gains above $5.20

At the time of writing on Thursday, December 18, 2025, Uniswap’s price hovered around $5.24.

Intraday gains stood at nearly 4% as bulls looked to bounce off lows of $4.87.

This uptick comes on the heels of a recent sell-off below $5.40, which came amid Ethereum co-founder Vitalik Buterin’s selling of 1,400 UNI tokens.

Initial pressure on the token’s value pushed it to $4.99.

Bulls bounced to $5.30 as Bitcoin showed a sharp uptick earlier in the week.

Uniswap Price
UNI price chart by CoinMarketCap

However, the market appears to have shrugged off this uptick as selling pressure resumed and prices plunged to under $4.90.

Now UNI is eyeing a potential bounce as buying interest resurfaces.

The token’s ability to recover and eye gains above the $5.20 support level will likely strengthen as the community weighs a new governance vote on fees and the potential token burn.

Uniswap poised for 100 million UNI burn

As noted, one potential catalyst for UNI’s price gains lies in the “Unification” proposal.

Hayden Adams, Uniswap founder, submitted a governance proposal for voting on December 18, 2025.

As detailed in his X post, the voting period is scheduled to commence on December 19 at 10:30 PM EST and will conclude on December 25, allowing the Uniswap community to decide the protocol’s future.

If the proposal garners the required votes in favour, it will pass. There’s a two-day time lock period before Uniswap executes its token burn.

Specifically, the proposal looks at the removal of 100 million UNI out of circulation. The key is the flipping of the fee switches for v2 and v3 pools on the mainnet.

“v2 + v3 fee switches will flip on mainnet and begin burning UNI, along with Unichain fees,” Hayden noted.

As the community prepares to vote, the outcome of this proposal could mark a pivotal moment for the Uniswap price.

The token traded at highs of $7.70 in mid-November.

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Dogecoin slides toward $0.10 as large investors cut exposure and bearish bets build

  • Dogecoin has extended its selloff, with bears targeting $0.10 as on-chain and derivatives data turn bearish.
  • Large wallet holders are trimming DOGE positions, while short bets rise and retail interest fades.
  • A hold above $0.12 could spark a relief rally toward $0.15–$0.18, but downside risks remain elevated.

Dogecoin (DOGE) fell 3% on Thursday after falling about 4% in the prior session.

The share of DOGE supply held at a profit has declined as large wallet holders reduce their positions.

Derivatives market data points to a rise in bearish bets alongside waning retail participation.

From a technical perspective, Dogecoin shows a bearish bias after slipping below its April low, with downside risk extending toward the $0.1000 level.

Dogecoin sees weak investor interest

Data from Santiment shows that wallets holding between 100 million and 1 billion DOGE now control 34.77 billion tokens, down from 36.14 billion on December 1.

This investor group offloaded more than 1 billion DOGE on December 10 and has since kept holdings broadly unchanged.

At the same time, the share of Dogecoin’s supply in profit has slipped to 50.70% from a December 3 peak of 53.95%, pointing to a gradual softening in demand.

In derivatives markets, Dogecoin has also lost momentum.

CoinGlass data shows that short positions in DOGE derivatives have risen to 53.91% from 52.59% on Wednesday.

The increase in bearish positioning signals growing sell-side pressure and coincides with the liquidation of more than $5 million in DOGE long positions over the past 24 hours.

Dogecoin price extends losses towards $0.12

Dogecoin has experienced a notable decline in recent sessions, slipping below key psychological levels and extending its losses into the $0.12 range.

As of writing, DOGE traded near $0.125, reflecting a roughly 10% drop over the past week and 19% down over the month.

The last 24 hours performance is a continuation of the downward momentum that began earlier in the month.

This pullback follows a brief period of consolidation above $0.14, where buyers attempted to defend higher ground.

However, increased selling volume and a breakdown across risk assets has seen Dogecoin dip below the $0.14 support level.

On-chain data reveals reduced supply in profit, with large wallet investors trimming positions.

Profit taking is contributing to the heightened volatility, with macroeconomic headwinds a notable factor.

“Crypto stays caught in the macro crosscurrents. Potential MSCI index exclusions for crypto-treasury firms could trigger up to $2.8bn in passive outflows, pressuring fragile positioning,” wrote QCP Group analysts.

The outlook is that crypto is facing an uneasy end to the year.

DOGE downside risk grows

Trading volumes have surged during downturns, indicating conviction among sellers.

The Relative Strength Index on daily charts has dipped toward oversold territory, signaling intense bearish pressure but also potential for a short-term rebound if buying interest emerges.

Nonetheless, the downside risk for Dogecoin appears to be escalating.

Analysts are increasingly targeting $0.10 as a plausible near-term support level if bears maintain control.

If DOGE sees a decisive close below the current support near $0.12, it could open the door to further declines.

On the flip side, a hold above $0.12 might stabilize the price and allow for a relief rally toward $0.15 and $0.18.

Investors should monitor key support levels closely, as a breach could confirm a deeper correction, whereas a bullish divergence in indicators might signal an impending turnaround.

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