Ripple's RLUSD supply on Ethereum hits all-time high of | KaiZXBT on Binance Square

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Ripple's RLUSD supply on Ethereum hits all-time high of $1.1B market cap.

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Crypto ETF Flows Diverge: Bitcoin Sees Outflows While Altcoins Attract Fresh Capital According to SoSoValue, U.S. spot crypto ETFs posted sharply mixed flows on December 8 (ET). Spot Bitcoin ETFs recorded $60.48 million in net outflows, signaling continued profit-taking or portfolio rotation among investors. Even so, BlackRock’s IBIT remained the standout, pulling in $28.76 million and reinforcing its dominant position in the Bitcoin ETF landscape. In contrast, non-Bitcoin products saw renewed demand. Spot Ethereum ETFs attracted $35.49 million, reflecting sustained institutional interest. Spot Solana ETFs added $1.18 million, extending their steady, moderate inflow trend. The strongest performance came from spot XRP ETFs, which posted $38.04 million in net inflows, the highest among altcoins. Overall, the data highlights a clear divergence in investor sentiment, with capital rotating out of Bitcoin while selectively flowing into major altcoin ETFs.

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$BNB Analysis : CT on X prediction BNB price to hit $1,100 this week BNB has officially broken out of a four-year accumulation range, triggering a strong bullish continuation. According to analyst AkaBull_, BNB “has doubled after exiting a four-year accumulation zone,” with previous resistance at $870 now acting as solid support. Trading volume surged to 8.6 million BNB as price pushed above $910, confirming strong market participation. BNB’s momentum has been notably stronger than major altcoins. From last month’s low at $801, the token has gained 13% in the past week, outperforming Ethereum’s 8% rise. The rally is backed by fundamentals: Binance’s latest reserve audit on December 8 confirmed a 112.32% reserve ratio, reinforcing strong platform solvency. Meanwhile, BNB Chain fees hit $510,000 in a single day, up 15% from the day prior. Key Levels and Near-Term Forecast The $1,000 mark has become a major confluence zone across multiple timeframes. Analyst AltCryptoGems notes that the 4H EMA200 aligns with this resistance, where price briefly stalled after entering price discovery. A daily close above this level would confirm a renewed uptrend. On the weekly chart, tradebarbod highlights a rising channel structure since October 2023. A reclaim of $925 (Fib 0.5) would open upside targets at $1,070 and $1,250. A drop below $735 would invalidate the bullish thesis, though the 50-day MA at $851 continues to hold trend structure. On-Chain and Market Sentiment BNB Smart Chain active addresses climbed 12% to 1.2M this week, while ecosystem revenue reached $52,000/day, echoing early-2024 patterns that preceded a 40% quarterly rally. With analysts like cryptosanthoshK projecting $1,100 next week, BNB’s momentum aligns with strong fundamentals. However, failure to hold support near $735 could trigger deeper downside toward $600

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$SPX analysis : SPX whales return after key retest – Here’s why $1 is in sight SPX6900 (SPX) is regaining bullish traction after a clean retest of its flag pattern near the $0.600 level. The move triggered a strong 12% intraday bounce, though the token has since retraced around 5.6% at the time of writing. Even with this cooldown, momentum remains constructive. Whale demand strengthens the uptrend On-chain data shows whale wallets staying active, with large holders continuing to accumulate within the current range. This behavior signals confidence from major players, who appear to view the recent dip as a buying opportunity rather than a trend reversal. Their steady absorption has reinforced bullish sentiment and suggests expectations of additional upside. Spot volume supports this narrative, jumping 68% to 25.61 million. Elevated volume during a pullback often indicates strong underlying demand, and if this persists, SPX’s momentum could extend further. Derivatives activity is heating up Open Interest has climbed 11% to $29.2 million, showing fresh leverage entering the market. Rising OI alongside strong spot flows typically fuels trending moves, especially in assets with tightening liquidity conditions. A run toward $1 is increasingly on the table With whale accumulation, rising spot demand, and expanding derivatives participation—all following a successful flag breakout—the probability of a push toward $1 is growing. The $1 region also aligns with a notable $276.84K liquidity cluster, making it a key magnet for price action. If buyer flows remain consistent and retail momentum builds, SPX could soon test the psychological $1 barrier, which is likely to become a high-stakes battleground for both bulls and bears.

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$TAO : Halving is coming, and liquidation risk tilts heavily toward Longs Bittensor’s (TAO) liquidation heatmap shows a sharp imbalance, with Long-side liquidity far outweighing the Short side. If TAO slides to $243.50, nearly $17 million in Long positions could be wiped out. In contrast, a move up to $340 would only threaten around $5 million in Short liquidations. Many traders are leaning Long ahead of TAO’s first halving event. According to Coinphoton, the halving is expected on December 14, reducing daily issuance from 7,200 TAO to 3,600 once the circulating supply hits 10.5 million TAO. Grayscale noted that reduced supply increases scarcity, adding that Bitcoin’s halving cycles historically strengthened network value despite smaller rewards due to higher security and market capitalization. They believe TAO’s first halving marks a key milestone in the network’s maturation on the path toward its 21 million token cap. The report has strengthened bullish sentiment and fueled Long positioning. However, without proper risk management, a “sell-the-news” reaction could trigger a wave of liquidations across the market.

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$SHIB quick Analysis : SHIB targets the $0,0000097 level Shiba Inu is approaching a key resistance zone at $0.0000087, which aligns with the 20-day EMA—a barrier that has consistently capped price action for the past two months. If SHIB can break above $0.0000087 and reclaim the 20-day EMA, bullish momentum could extend toward $0.0000097. On the way up, price will still need to clear the 50-day EMA before facing stronger overhead resistance at the 100-day and 200-day EMAs. Only after overcoming these levels would SHIB have a realistic path toward the higher target around $0.0000123. On the downside, a rejection at $0.0000087 could send SHIB back toward support near $0.0000076. Both RSI and the Stochastic Oscillator are hovering around neutral territory. A decisive upward breakout from here would strengthen bullish control and potentially trigger a fresh upside leg.

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