A major crypto whale has opened a long position in Ethereum (ETH) worth more than half a billion dollars on the Hyperliquid exchange.

The US Office of the Comptroller of the Currency (OCC) announced on Friday that it has conditionally approved national bank trust charters for several digital asset firms.

Ethereum (ETH) saw a 3% decline on Friday, briefly falling below $3,100 despite a strong buying activity across whale and accumulation addresses.

Dogecoin (DOGE) is trading marginally above its intraday open of $0.1403 at the time of writing on Friday. Support at $0.1321 has been holding steady since November 20, despite the risk-off sentiment across the cryptocurrency market.

Ripple (XRP) is extending sideways trading above support at $2.00 at the time of writing on Friday, as the dust from the Federal Reserve’s (Fed) decision settles.

Bitcoin (BTC) is trading above $92,000 at the time of writing on Friday, as volatility across the cryptocurrency market cools following the Federal Reserve’s (Fed) hawkish interest rate cut.

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

Litecoin (LTC) price steadies above $80 at press time on Friday, following a reversal from the $87 resistance level on Wednesday. Derivatives data suggests a bullish positional buildup while the LTC futures Open Interest declines, flashing a long squeeze risk.

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

Zcash (ZEC), MYX Finance (MYX), and MemeCore (M) lead the cryptocurrency market recovery with double-digit gains over the last 24 hours. The technical outlook for Zcash and MemeCore suggests upside potential, while the MYX Finance token remains trapped between converging moving averages. 

Zcash is leading the crypto market recovery in the early Asian session on Friday, following a 12% jump over the past 24 hours. The move has extended its weekly gain to nearly 25%.

Ethereum buyers are beginning to regain strength following signs of recovery in Net Taker Volume on the crypto exchange Binance.

Cardano (ADA) is extending its decline and approaching the pivotal $0.40 level at the time of writing on Thursday.

Ripple (XRP) is trading above $2.00 at the time of writing on Thursday, weighed down by increasing selling pressure in the broader cryptocurrency market. Short-term technical signals underpin the bearish outlook, which could accelerate the downtrend toward April’s low of $1.61.

Bitcoin (BTC) is trading above $90,000 at the time of writing on Thursday, weighed down by risk-off sentiment in the broader cryptocurrency market.

BNB (BNB), formerly known as Binance Coin, is extending its correction, trading below $870 at the time of writing on Thursday as risk sentiment across the crypto market deteriorated in response to the Federal Reserve’s (Fed) hawkish rate cut.

Bitcoin (BTC) price edges down for the second consecutive day, trading below $91,000 at the time of writing on Thursday, driven by a broader market risk-averse sentiment following the US Federal Reserve’s (Fed) hawkish rate cut.

Pi Network (PI) edges lower by 3% at press time on Thursday, marking its fifth consecutive day of losses. A transfer of 2 million PI tokens from the liquidity reserve, part of the Pi core team wallets, bolsters the bearish sentiment.

Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum.

Cardano (ADA) extends losses by 5% at press time on Thursday, following the 3% decline on the previous day and breaking the local resistance trendline. Derivatives data indicate a bearish shift in the narrative, as Open Interest and the number of active long positions decline.

Sei (SEI) price trades in red, below $0.137 at the time of writing on Thursday, after retesting its key resistance level the previous day.

Bitcoin (BTC) and Ethereum (ETH) saw a wave of volatility after the US Federal Reserve (Fed) cut interest rates for a third straight time on Wednesday.

Terra (LUNA), MemeCore (M), and XDC Network (XDC) emerge as top performers over the last 24 hours. LUNA leads the rally with 40% gains while MemeCore and XDC hold steady on Thursday after 6% and 3% rise, respectively, on the previous day.

Bitcoin (BTC) digital asset treasuries (DATs) are returning to action following a slight recovery in the top crypto.

Traditional investors are playing a key role in Ethereum's (ETH) recent recovery after weeks on the sidelines.

Hyperliquid (HYPE) is trading above $28.00 at the time of writing on Wednesday, after rebounding from support at $27.50. The broader cryptocurrency market is characterised by widespread intraday losses ahead of the Federal Reserve (Fed) monetary policy decision.

Ripple (XRP) is grinding lower, trading at $2.06 at the time of writing on Wednesday, reflecting risk-off sentiment across the cryptocurrency market ahead of the Federal Reserve (Fed) monetary policy decision.