Dogecoin Bulls Smell $1.30 As On-Chain Data Turns Red-Hot

NewsBTC

Dogecoin is hovering near $0.15, but a cluster of technical and on-chain indicators shared on X suggests the market structure is far healthier than during the last bear phase, prompting fresh upside calls from analysts.

Dogecoin Could Target $1.30

Trader Cryptollica posted a long-term monthly DOGE chart with the Mayer Multiple and a clear message: “DOGE Target > $1.30.” The Mayer Multiple, using 200- and 50-period moving averages with a 2.4 threshold, sits at 0.66005. Visually, that is far below the spikes above 5 that accompanied the 2017 and 2021 blow-off tops, indicating that Dogecoin is not yet in the overheated conditions historically associated with major market peaks.

Cryptollica also highlighted an Alphractal chart titled “Dogecoin: Number of Days Spent at a Loss.” The series overlays DOGE’s price with a multicolour histogram of how long coins have been held in unrealised loss.

Earlier cycle lows around 2014–2015 and the post-2021 unwind show extended peaks above roughly 1,200–1,500 days at a loss. In the latest segment, that metric has compressed back toward the lower end of the scale, resembling the early reset phases that preceded previous advances, and signalling that the proportion of long-suffering holders has markedly declined.

DOGE On-Chain Data Looks Strong

On the shorter-term on-chain side, Ali Martinez (@ali_charts) pointed to a sharp rebound in network activity. “Dogecoin just saw 71,589 active addresses. The biggest spike since September,” he wrote, sharing Glassnode data.

The chart “DOGE: Number of Active Addresses” plots daily active addresses as yellow bars against the DOGE price in black. From early November, activity ranged around 45,000–47,500 addresses while price drifted lower from about $0.17 to $0.14. On December 3, active addresses jumped to 71,589 as price recovered to $0.15181709, signalling a broadening of participation rather than a purely price-driven move.

Ali also drew attention to whale behaviour. Posting a Santiment chart of balances held by addresses with between 1,000,000 and 100,000,000 DOGE, he noted: “480 million Dogecoin bought by whales in 48 hours!”

The grey area representing holdings in this band trends down from around 35.6 billion DOGE in mid-October to below 28 billion by late November while price falls from above $0.18 to about $0.135, indicating sustained distribution. In the final days of the chart, holdings rose again to roughly 28.45 billion as price rebounded from $0.14 to $0.15, confirming a renewed net accumulation phase among large holders.

A third chart from Ali, “DOGE: Cost Basis Distribution Heatmap,” defines the next major technical hurdle. “$0.20 is the key resistance for Dogecoin. That’s where 11.72 billion $DOGE were accumulated,” he wrote.

The Glassnode heatmap highlights a dense band between $0.20284609 and $0.20442947, with an annotated supply of 11,723,527,138.97 DOGE whose on-chain cost basis lies in that range. This cluster marks a heavy realised-price node where a large volume of coins moves from loss to breakeven as spot revisits $0.20, creating a clearly defined resistance zone.

Dogecoin Cost Basis Distribution heatmap

In combination, subdued valuation on the Mayer Multiple, a reset in “days at a loss,” the largest active-address spike since September, recent whale accumulation of 480 million DOGE and a well-defined $0.20 cost-basis wall form a favourable on-chain basis. Whether those higher levels are reached will depend on the market’s ability to absorb the 11.72 billion DOGE supply stacked around $0.20 and sustain the recent improvement in on-chain activity and large-holder demand.

At press time, DOGE traded at $0.14451.

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Add to Favorites

Italy sets hard MiCA deadline for crypto platforms to comply

Cointelegraph

Italy’s securities regulator has set a firm timetable for how the European Union’s Markets in Crypto-Assets Regulation (MiCA) will apply in the country, warning that unlicensed crypto platforms face a hard deadline to either seek authorization or leave the market.

The move directly affects virtual asset service providers (VASPs) currently operating under Italy’s regime and the retail investors who use them.

In a press release published Dec. 4, 2025, Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) reminded the market that Dec. 30, 2025, is the last day VASPs registered with the Organismo Agenti e Mediatori (OAM) can operate under the existing national framework.

After that date, only entities authorized as crypto asset service providers (CASPs) under MiCA, including firms passporting into Italy from another EU member state, will be allowed to offer crypto‑asset services in the country.

CONSOB notes that, under Italy’s MiCA‑implementing legislation, VASPs that submit an application to be authorized as CASPs in Italy or another European Union member state by Dec. 30 may continue operating while their application is assessed, and in any case, no later than June 30, 2026.

This transitional operating period is available only to operators who file by the deadline and ends once authorization is granted or refused, or when the June 30, 2026, limit is reached.

Obligations for firms that do not apply

For VASPs that decide not to seek authorization under MiCA, CONSOB outlined specific obligations. These operators must cease their activities in Italy by Dec. 30, 2025, terminate existing contracts, and return clients’ crypto‑assets and funds in accordance with customers’ instructions.

CONSOB also stated that VASPs registered in the OAM list must publish adequate information on their websites and inform clients directly about the measures they intend to adopt, either to comply with MiCA or to ensure an orderly closure of existing relationships.

This framework stems from Italy’s legislative decree implementing MiCA, which introduced a transitional regime for existing VASPs and set the conditions under which they can continue operating while moving to the new CASP authorization system. The decree makes use of the flexibility allowed by MiCA’s transitional provisions to set national deadlines, including the June 30, 2026 date referred to in CONSOB’s communication.

Warnings to retail investors

CONSOB’s press release includes a separate section titled “warnings for investors.”

The regulator points out that VASPs currently operating in Italy may no longer be authorized to do so after Dec. 30, 2025, and stresses that investors should check whether they have received the necessary information from their provider on its plans to comply with MiCA.

If not, CONSOB advises investors to ask the operator for clarification or request the return of their funds.

EU‑level context under MiCA

CONSOB’s communication sits within the wider EU framework for MiCA’s application and transitional measures. On the same day, the European Securities and Markets Authority (ESMA) published a statement on the end of MiCA transitional periods, highlighting that member states can provide temporary continuation of existing licences for existing providers, but that these periods are limited and will expire.

The ESMA’s statement explains that firms operating under national transitional regimes are not automatically MiCA‑authorized and emphasizes the need for “orderly wind-down plans” where providers do not obtain authorization before transitional periods end.

Italy’s hard stop for applications and continued operation shows how member states are using the discretion MiCA gives them over transitional regimes. The Italian transitional period now has defined end‑points, and continued activity in the market will require MiCA‑compliant authorization.

Risk Warnings and Disclaimers

Add to Favorites

Fed Rate Cut Expected Next Week After Kevin Hassett’s Alert

Coinpedia

Kevin Hassett has caught the market’s attention.

In a new Fox News interview, the White House economic adviser said the Federal Reserve is “likely” to cut interest rates at next week’s meeting. Coming from someone seen as the leading contender to become the next Fed Chair, his words carry extra weight.

Hassett expects a 25-basis-point cut, saying recent comments from Fed governors and regional presidents suggest momentum is shifting.

“They now seem much more like they’re leaning in the direction of a rate cut,” he said, adding that he hopes to “get to a much lower rate” over time.

Economists, Markets, and FedWatch Point to a December Cut

Next week’s meeting is the last of 2025, and expectations for a rate cut have surged.

A Reuters poll shows 82% of economists expect a 25-bps cut.
FedWatch now places the odds at 87.2%.
Senior officials including John Williams, Michelle Bowman, Christopher Waller, and Stephen Miran have signaled support for easing.

Still, not everyone agrees.

At least five FOMC voting members have publicly opposed another cut, and chair Jerome Powell recently warned that inflation could reignite. With inflation stuck above 2% and key data disrupted by a 43-day government shutdown, the divide reflects a rare level of uncertainty heading into a meeting.

A Cut With Global Ripple Effects

A December move wouldn’t just influence U.S. borrowing costs.

Asian currencies – including the rupee, won, rupiah, and peso – have been under pressure for weeks, and strategists say Fed easing could offer immediate relief. Some analysts even argue it may be “time to go long Asian currencies,” pointing to expectations of a stronger yuan.

What to Watch Next

All eyes now turn to next week’s FOMC decision. A 25-bps cut would set the tone for 2026 and, with Hassett rising as Trump’s likely choice for the next Fed Chair, the political and market stakes are unusually high.

FAQs

Will the Fed cut interest rates at the upcoming December meeting?

Most signals point to a likely 25-bps cut, with rising support from key Fed officials, though a few members still warn inflation risks could delay action.

What date is the Fed meeting in December?

The next Federal Reserve (FOMC) meeting is scheduled for December 9–10, 2025. https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm?utm_source=chatgpt.com

How could a Fed rate cut affect global and Asian currencies?

A December cut may ease pressure on Asian currencies by weakening the dollar, giving near-term support to the rupee, won, rupiah, and peso.

Risk Warnings and Disclaimers

Add to Favorites

Global Stock Markets Mostly Rise Ahead of Key U.S. Inflation Data

Dow Jones Newswires

By Dow Jones Newswires Staff

Friday's key focus will be the U.S. personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation. Investors will be hoping that the delayed September report will provide some much-needed clarity on the Fed's rate path after a string of mixed economic signals and questions around the health of the jobs market. The Fed is widely expected to cut by 25 basis points next week.

Ahead of that, U.S. stock futures were up after a mixed close to Thursday's session and international stock markets mostly rose. U.S. Treasury yields eased a touch after Thursday's run up even as Japanese yields continued to hit multi-year highs.

U.S. futures for the S&P 500 were up 0.3%, futures for the Dow Jones Industrial Average increased 0.1% while those tied to the tech-heavy Nasdaq were up 0.4%. Changes in futures don't necessarily predict movements after the opening bell.
In Europe, the Stoxx Europe 600 climbed 0.2% with similar gains in national bourses, while the U.K.'s FTSE 100 was also up 0.2% in early trade.
Stock markets in Asia mostly rose, with the exception of Japan. Hong Kong's Hang Seng climbed 0.6%, China's benchmark Shanghai Composite gained 0.7%
Chinese AI chip company Moore Threads surged nearly 500% on its Shanghai debut, and South Korea's Kospi ended up 1.8%. Japan's Nikkei, though, fell 1.1%, with global cybersecurity company Trend Micro the biggest faller.
The 10-year Japanese government bond yield hit an 18-year high, driven by continued expectations for the Bank of Japan's rate increase later this month and persistently high inflation. Government data showed earlier Friday that household spending fell 3.0% in October from a year earlier, undershooting an expected rise of 1.0%. The 10-year JGB yield earlier rose half a basis point to 1.940%, its highest level since July 2007. The yen strengthened 0.4% against the dollar to Y154.55.
Meanwhile, U.S. Treasury yields edged lower to reverse some of Thursday's increases that were driven by better-than-expected jobless claims data.

U.S. Treasury yields were recently down around one basis point across maturities, with the 10-year yield declining 1.4 basis points to 4.093%, according to Tradeweb data.

The U.S. dollar eased ahead of the PCE print. Core PCE data will be particularly important ahead of the Fed's Wednesday meeting, Hargreaves Lansdown's Emma Wall said in a note. If the inflation print is higher than expected, the Fed could keep rates on hold, she said, while if it eases in line with expectations or below, that paves the way for another rate cut as anticipated, she said. The DXY dollar index against a basket of major currencies was recently down 0.1% to 98.846.
Bitcoin rose modestly. "Despite the recent volatility, bitcoin's underlying narrative remains little changed and institutional adoption continues to broaden," BCA Research strategist Artem Sakhbiev said in a note. Bitcoin was recently up 0.1% to $92,258, according to LSEG data. It hit a two-week high of $94,082 Thursday and a one-week low of $83,873 on Monday.
In commodities, crude oil benchmarks and gold were little changed to start Friday, though oil was on track for a weekly gain.

Write to Barcelona Editors at barcelonaeditors@dowjones.com

Risk Warnings and Disclaimers

Add to Favorites

Ripple CTO Breaks Silence and Publishes His Full XRP Ledger Hub Metrics

U.Today

Ripple CTO David Schwartz broke his silence about his long-running XRPL Hub by posting its operational data, network details and performance graphs, turning a low-profile internal node into a public reference point for anyone running an XRPL setup.

Schwartz disclosed that his hub has been running version 2.6.2 for more than a month without a single issue, offered its hostname and port for operators who want to connect, and shared charts showing peer counts, latency profiles, traffic load, and disconnection metrics.

The hub is under capacity, which explains why peer reservations have not been needed, yet Schwartz said he can enable them if demand surges.

David 'JoelKatz' Schwartz
@JoelKatz
My hub has been running 2.6.2 for more than a week now and there have been no issues. If you run an XRPL node, feel free to connect:
Hostname: hub . distributedagreement . com
Domain: distributedagreement . com
Port: 51235
PubKey:… pic.twitter.com/bcE3Dt4GPQ
Dec 04, 2025

The post came out when there was a lot of talk about XRPL programmability again. In the replies, Schwartz disagreed with the idea of adding features only to allow validators to make money from validation. In his opinion, that rationale is weak and does not align with the chain's design. It is more compelling to let XRP holders stake for revenue, but that alone is not enough to warrant major changes.

What does it all mean for XRP?

The bottom line is that he thinks XRP Ledger's financial primitives should be used in more situations, not just for quick payouts to a small group.

Schwartz also acknowledged the risk side. Making radical smart-contract additions requires a lot of engineering, creates unpredictable outcomes and changes parts of XRPL that he thinks are essential. Even successful experiments like AMM cannot guarantee usage levels, so new functionality needs proof that it can drive real demand before the ecosystem commits.

With the hub disclosure, it looks like Ripple's CTO is ready to prioritize transparency in operations while keeping protocol changes on a strict, evidence-driven track.

Risk Warnings and Disclaimers

Add to Favorites

WSPN Launches White-Label Stablecoin Infrastructure to Enable Enterprises to Issue Branded Stablecoins

Chainwire

TORTOLA, British Virgin Islands, Dec. 5, 2025 /PRNewswire/ -- Worldwide Stablecoin Payment Network (WSPN), a leading provider of next-generation stablecoin infrastructure, today announced the launch of its White-Label Stablecoin Solution, enabling enterprises and financial institutions to rapidly deploy their own branded stablecoins using WSPN's production-grade infrastructure.

https://mma.prnewswire.com/media/2429245/WSPN_logo_Logo.html

The offering leverages WSPN's proven stablecoin technology stack, which already powers WUSD in live production. By providing a turnkey solution, WSPN eliminates the technical complexity and regulatory burden traditionally associated with launching a stablecoin.

"Building a scalable stablecoin from scratch requires significant engineering resources, regulatory expertise, and operational infrastructure," said Raymond Yuan, Founder & CEO of WSPN. "Our White-Label Solution allows enterprises to launch their own branded stablecoins in a fraction of the time and cost, backed by the same infrastructure that powers our own tokens."

The solution includes four core components: client-controlled mint and burn smart contracts/infrastructure, custody and wallet infrastructure, KYT compliance layer for regulatory adherence, and user front-end with APIs for seamless integration.

WSPN is already powering a euro-denominated stablecoin for an EU-based partner and is actively onboarding additional clients across multiple jurisdictions and currency denominations. The solution is designed for financial institutions, payment providers, and enterprises seeking to leverage stablecoin technology without building infrastructure from the ground up.

For more information, contact WSPN's business development team or visit www.wspn.io.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, dedicated to building a more secure, efficient, and transparent global payment ecosystem. Our flagship stablecoin, WUSD, is fully backed and pegged 1:1 to the U.S. Dollar, serving as the foundation for a suite of integrated financial solutions. These solutions support a range of financial applications from institutional treasury management to programmable payments and decentralized finance. With a strong focus on transparency, regulatory compliance, and user accessibility, WSPN bridges the gap between Web3 innovation and traditional financial systems, driving the global adoption of stablecoins at scale.

Learn more: www.wspn.io | X | LinkedIn

Risk Warnings and Disclaimers

Add to Favorites

Aptos (APT) Price Down 90%—But Here’s Why Major Investors Aren’t Walking Away

Coinpedia

Aptos has become one of the toughest stories in the altcoin market this year. The APT price has collapsed nearly 90% from its highs close to $20, turning what was once a next-gen Layer-1 contender into one of the most heavily discounted cryptos of the cycle. Retail faith has evaporated, builders have gone quiet, and social sentiment has flatlined. Yet, one group still hasn’t walked away—the major investors who backed Aptos early.

A Crisis Driven by Tokenomics, Not Technology

Aptos is not in trouble because its tech lags behind competitors. It’s struggling because its tokenomics worked against its own ecosystem.

A massive total supply of 1.18 billion APT and a circulating supply already crossing 733 million created a relentless supply overhang. Monthly unlocks of 11.3 million tokens continuously flood the market, generating steady sell pressure. November’s unlock—worth tens of millions—lined up with yet another sharp dump.

The unlock design was too aggressive for a young L1 still trying to build narrative momentum. Staking exacerbated the issue: almost 80% of the supply is staked at ~7% yield. This looks healthy on paper, but creates:

Continuous dilution
Locked liquidity
A shortage of new buyers whenever the unlocks hit

This combination crushed momentum long before the market did.

A Chain Without a Clear Identity in a Competitive Market

The ecosystem’s challenge isn’t inactivity—it’s direction. On-chain data shows stablecoin growth, RWA initiatives, and partnerships, yet no breakout consumer app to define Aptos.

Meanwhile:

Solana captured retail culture, DEX dominance, and meme velocity
Sui gained developer mindshare in the Move-language niche
Ethereum L2s pulled in real DeFi capital

Aptos ended up in the middle—good tech, but no narrative powerful enough to attract attention in a market where attention is oxygen.

So Why Haven’t Big Investors Left?

Despite the brutal year, Aptos still holds long-term value drivers that institutional backers care about:

Genuine RWA Traction: Aptos is quietly becoming a serious player in real-world asset infrastructure, with Paxos, BlackRock-linked initiatives, and other enterprise players building rails on the network.

Rising App Revenue: Even as the token bleeds, protocol revenue and user engagement have improved—suggesting that the ecosystem is maturing beneath the surface.

Big Backers Play the Long Game: Major investors rarely abandon a project during drawdowns. As long as fundamentals hold—developer talent, scalability, and Move-based security—Aptos remains a long-term bet worth defending.

The Road to Recovery: A Necessary Reset

Aptos is not dead. It’s at a reset phase, and the next steps will determine its future. Critical fixes include:

Tokenomic restructuring: burns, reduced unlock velocity, sustainable staking
Introducing liquid staking to unlock liquidity without mass selling
Building at least one viral consumer app
Owning a strong identity: “Institutional-grade RWAs + AI tooling on Move.”

If Aptos can execute even half of this ahead of the next liquidity cycle, a recovery toward the $5–$6 range becomes realistic. Beyond that, new highs depend on one thing alone—delivery, not promises.

Risk Warnings and Disclaimers

Add to Favorites