Serge Michael

In-depth analysis
1. Meta's metaverse cuts (Bearish impact)
Overview:
Meta's plan to reduce the budget of its metaverse Reality Labs by 30% by 2026 (announced on December 4) has raised concerns across the sector. Rendering, related to GPU/AI infrastructure, has faced the same consequences as its competitors like SAND and MANA.
In plain terms:
the decrease in Meta's spending indicates a slowdown in institutional adoption of metaverse and 3D rendering projects. The price of Render is correlated with corporate investments in GPU-dependent sectors. The market capitalization of the token has fallen below the billion-dollar mark after the announcement, reflecting shaken confidence in the short-term demand for decentralized computing.

In-depth analysis
1. Technical resistance and profit-taking (bearish impact)
Overview: On December 2, QNT faced rejection in the 100-105$ zone, a critical resistance level corresponding to its 30-day simple moving average ($87.77) and the Fibonacci retracement of 23.6% ($98.92). The MACD histogram turned negative (-0.37), signaling a weakening of momentum.
In short: investors who bought QNT shares during its 28% rebound from $69 (from November 4 to 27) likely liquidated their positions around $100, an important psychological threshold. The 24-hour trading volume dropped by 14.7% to $15.7 million, thus confirming a weakening of buying pressure.

In-depth analysis
1. Generalized risk aversion in the market (bearish impact)
Overview:
The cryptocurrency market has decreased by 1.37% over 24 hours (total capitalization: 3,060 billion dollars), with Bitcoin's dominance reaching 58.56% following a withdrawal of capital from altcoins. The fear and greed index remained at 25 ('Fear'), while the altcoin seasonality index stayed in the 'Bitcoin Seasonality' zone (21/100).

In-depth analysis
1. Federal Reserve's decision regarding an interest rate cut on December 10
Overview: The Fed is expected to announce a 25 basis point rate cut on December 10, 2025, a hypothesis that markets anticipate at 87.4%. An accommodative stance could boost cryptocurrency liquidity, while delays risk reigniting risk aversion.
Consequences: lower rates generally favor risky assets like cryptocurrencies, but over-leveraged markets (open positions up 21% in 24h) could experience cascading liquidations if the Fed disappoints.

In-depth analysis
1. A whale buys PIPPIN for $3.3 million (December 7, 2025)
Overview: A major investor in Solana (address HWBD...EFee) spent 23,736 SOL ($3.3 million) to acquire 16.35 million PIPPIN tokens in three days, thus realizing a latent gain of $740,000. Blockchain analysts note that this behavior resembles previous patterns where 50 wallets bought for $19 million during a 556% surge, raising concerns about potential market manipulation.

In-depth analysis
1. The dominance of Bitcoin is strengthening
Bitcoin's dominance has reached 58.71% (+0.18 points in 24 hours), while the Altcoin Season Index (Bitcoin Season) has dropped to 19/100, down 5% over 24 hours. This marks the 30th consecutive day of increasing Bitcoin dominance.
In other words, investors are favoring the relative stability of Bitcoin in a context of widespread fear in the markets (Fear & Greed Index: 24) and Bitcoin liquidations amounting to 109.93 million dollars in 24 hours. (CoinMarketCap)

In-depth analysis
1. Aggressive stock buybacks (Bullish impact)
Overview: Pump.fun has spent $1.15 million in stock buybacks over the last 24 hours as part of a $195 million program aimed at reducing the circulating supply by 12.8% since July 2025. This operation creates artificial scarcity while demonstrating the team's confidence.
Consequences: the reduction of the available supply for sale drives up the floor price. Historical data shows that buybacks are correlated with price increases of 10 to 20% in the short term, but the sustainability of these increases depends on demand.

In-depth analysis
1. Hayabusa Transition (December 2025)
Overview:
The Hayabusa upgrade, activated on December 2, 2025, replaces VeChain's authority nodes with a weighted delegated proof-of-stake (DPoS) system. A transition phase takes place until December 9, allowing validators to join the system and users to delegate via StarGate NFTs. Key changes:
- VTHO Rewards: Only staked VET generates VTHO, ending the passive creation of new VTHO.

Analysis
1. Gradual unlocking of tokens (Bearish impact)
Overview:
CIC Digital LLC and Fight Fight Fight LLC – entities affiliated with Trump – hold 800 million TRUMP (80% of the total supply), which will be gradually released until 2027. The current circulating supply is 199 million.
In clear:
The issuance of new tokens risks diluting the price. Each unlocking phase could exert downward pressure on prices if demand does not absorb the additional liquidity. For example, the price of TRUMP fell by 86% from its all-time high of $73 in January 2025, following the first unlockings (CoinMarketCap).

Analysis
1. Level 2 Capital Rotation (Bullish Impact)
Overview: Arbitrum recorded net inflows of $25.8 billion over three months, a record among layer 2 networks, while the Ethereum mainnet experienced capital outflows. This capital transfer reflects developers' and users' preference for Arbitrum's scalability in the face of Ethereum's high fees.
In summary:
– The concentration of liquidity in Arbitrum's DeFi ecosystem (TVL: $2.69 billion) creates network effects, thereby increasing demand for ARB services.

Analysis
1. Selling pressures from founders vs. governance changes (Bearish/mixed impact)
Overview: The participation of about 21% from the Algorand Foundation and its sales history during price spikes continues to raise concerns within the community. In May 2023, nearly 50 million ALGO were reportedly sold massively during price peaks, creating a vicious cycle that hinders market momentum. However, the xGov system in the 2025+ roadmap transfers the grant allocation power to node operators, which could reduce centralized sales.

In-depth analysis
1. A whale accumulates $35.7 million in altcoins (December 5, 2025)
Overview: A leading investor purchased $35.7 million worth of tokens, including SKY, during a market dip. This operation, tracked by LookOnChain, targeted DeFi assets and those related to oracles. The inclusion of SKY highlights its perceived resilience amid the overall uncertainty surrounding altcoins.
Interpretation: This operation is neutral for SKY as, although the activity of leading investors may indicate confidence, the 18% increase recorded by SKY in 24 hours on December 2 (according to CryptoNews) suggests short-term volatility rather than sustained momentum.

In-depth analysis
1. Technical rebound (mixed impact)
Overview: The RSI index of APT (14 days: 24.77) has reached the oversold zone, while a double bottom pattern has formed near the support at $1.842. Fibonacci levels indicate resistance at $1.87 (38.2% retracement).
Meaning: Traders often interpret an RSI in the oversold zone and the presence of a double bottom as contrarian buy signals. However, the 24-hour trading volume of APT represents only 10.8% of its 30-day average, indicating low conviction. The price remains below all major moving averages (7-day SMA: $1.94, 200-day EMA: $4.30).

In-depth analysis
1. Suspension of Bithumb POL (December 9, 2025)
Overview:
The South Korean platform Bithumb will suspend deposits and withdrawals of POL starting December 9 due to a scheduled upgrade of the Polygon network. Transactions remain possible.
In plain language:
neutral position for POL. Proactive coordination of exchanges minimizes disruption risks, but temporary liquidity constraints could amplify volatility. Success relies on a seamless upgrade.

In-depth analysis
1. Generalized risk aversion in the market (bearish impact)
Overview: Bitcoin dropped by 3% to $88,000 on December 5, triggering long position liquidations amounting to $420 million. Altcoins like WLD (down 9% during the session) experienced amplified selling, as investors reduced their exposure to riskier assets.
In short: the trading volume of WLD over 24 hours has increased by 5.45% to reach $94.5 million, a sign of capitulation. The fear and greed index remained at 21/100 (‘extreme fear’), reflecting generalized risk aversion in the cryptocurrency sector. Altcoins generally underperform compared to Bitcoin during market tensions, particularly due to Bitcoin's dominance (58.7%).

In-depth analysis
1. Weakness of altcoins (Bearish impact)
Overview: Bitcoin's dominance has reached 58.7% while the cryptocurrency fear and greed index peaked at 21/100 (extreme fear), diverting capital away from altcoins like KAS. The total volume of altcoins has dropped by 35% over the month, and open positions in derivatives have decreased by 8% (CoinMarketCap Global Metrics).
In short: Kaspa is facing the usual difficulties of the 'Bitcoin season' – investors preferring the perceived safety of BTC over riskier altcoins. This decline of 4% is in line with similar losses recorded by mid-cap cryptocurrencies like Ethena (-3.8%) and Sui (-5.1%).

In-depth analysis
1. Biconical trade competition (November 29 – December 9, 2025)
Overview: Biconomy is organizing a PAXG trading competition to boost liquidity and engagement, with $8,000 in rewards at stake (Biconomy). This initiative is part of Paxos's strategy to increase the visibility of PAXG in cryptocurrency markets.
Implications: a positive factor for PAXG trading activity in the short term, as competitions often attract volume and new users. However, the sustainability of demand will depend on overall trends in the gold market.

In-depth Analysis
1. BNB Chain Expansion (December 1, 2025)
Overview: Ondo Global Markets has expanded its offering of tokenized U.S. stocks and ETFs on the BNB Chain as of December 1st, integrating with Binance Wallet. More than 234 million users of the BNB Chain now have access to assets such as Tesla stocks and shares of the SPDR S&P 500 ETF via the blockchain. Initial data indicates an increase in trading volumes and heightened interest from institutional investors.

In-depth analysis
1. Security incident (Downward impact)
Overview:
The PEPE website was compromised on December 4 and 5, 2025, with the injection of malicious code Inferno Drainer to redirect users to phishing sites. Blockaid confirmed the attack and advised users to avoid the platform until the issue is resolved (Bitcoinist).
Consequences:
- Erosion of trust: Memecoins heavily depend on the opinion of their community; security flaws amplify fear, uncertainty, and doubt.

In-depth analysis
1. Turnaround regarding AI (Bearish impact)
Overview: The rise in the price of ICP to $9.62 in November was fueled by DFINITY's AI platform Caffeine, but this momentum has faded in the face of declining general interest in AI tokens (CoinJournal). Trading volume has dropped by 29% this month, a sign of waning demand.
In summary: The recent volatility of ICP has been driven by the discourse surrounding AI, but the inability to sustain growth in network usage after its launch has led to profit-taking. With Bitcoin dominance at 58.68%, altcoins like ICP are suffering liquidity losses during risk aversion periods.