Blockonomi

TLDR:

SUI trades above a major Fibonacci zone, keeping the chart structure intact for potential upward movement.

Buyers defended the $1.18–$1.57 region, forming a rebound that may support a broader recovery trend.

Wedge compression signals an upcoming decisive move as price meets descending resistance and rising support.

Rising trading volumes and new ETF filings increase attention as SUI attempts to stabilize for a breakout.

SUI trades at a point where its long-term trajectory depends heavily on the strength of its chart structure. 

Market participants are watching whether the recent rebound above the $1.18 zone can support another push toward higher levels after weeks of compression. The asset sits in a range where buyers have re-engaged, and the broader market continues to assess whether this reaction is the start of a larger trend shift. 

The discussion now centers on whether SUI can turn its current position into the foundation for a move that keeps the possibility of $10 within sight.

Technical Conditions Shaping the $10 Narrative

SUI Eyes $10 hopes as the asset stays above the 0.618 Fibonacci retracement level near $1.18, a zone many traders consider a crucial defense line. 

Crypto Patel noted that SUI bounced firmly from the $1.18–$1.57 region, signaling renewed buying interest. This area also aligns with a rising diagonal trendline that continues to support the broader bullish structure.

If $SUI Sustains Above $1.18 support, Will it flip and fuel the Rext run to $10?@SuiNetwork #SUI pic.twitter.com/qgDEC4Dsrj

— Crypto Patel (@CryptoPatel) December 5, 2025

The price now rests inside a wedge pattern created by the long-term descending resistance from the $5.34 peak and the rising support trendline. 

This convergence typically precedes a decisive move, and SUI sits near the point of compression. Market watchers believe that sustained trading above $1.18 keeps the bullish scenario intact.

If momentum extends, the next checkpoints appear near $2.10 and $2.70.

These areas represent prior reaction zones and could guide early upside movement. However, failure to hold $1.18 would expose the deeper support at $0.78, which carries a different outlook for those anticipating a strong continuation.

Market Volume and ETF Activity Strengthen the Spotlight

Trading activity around SUI increased notably during the recent consolidation phase, adding relevance to the current support test. 

Marc Shawn Brown shared that SUI generated $262 million in daily DEX volume, suggesting consistent on-chain engagement. The $703 million in daily derivatives activity reflected active hedging and speculative positioning as the asset traded near support.

Institutional developments also entered the conversation as the market evaluated SUI’s technical setup. 

Grayscale filed new paperwork in the U.S. to list a SUI ETF, following the recent debut of the first SUI-based ETF on Nasdaq by 21Shares. These moves brought additional attention to the asset during its consolidation phase.

While ETF efforts do not guarantee a price reaction, they coincide with the period when SUI Eyes $10 ambitions depend on chart strength and market follow-through. 

With support holding for now, traders continue to monitor whether the combination of volume, structure, and institutional interest sets the stage for a broader breakout.

The post SUI Eyes $10: Can $1.18 Support Hold for a Breakout? appeared first on Blockonomi.

TLDR:

Galaxy says crypto DAT firms are entering a Darwinian phase driven by collapsing premiums and strained liquidity conditions.

Treasury stocks dropped harder than BTC as high-beta structures flipped and amplified downside during the deleveraging.

Unrealized losses widened as firms like Metaplanet saw heavy swings from profits to deep underwater positions.

Galaxy says premium compression removed the issuance flywheel that powered 2025’s aggressive BTC accumulation phase.

Bitcoin treasury companies are facing their sharpest reset since the model emerged. Galaxy Research says the sector has entered a turning point as equity premiums collapse and liquidity tightens. 

The shift follows a steep BTC drawdown and a dramatic reversal in issuance dynamics. Treasury firms that relied on premium-driven accumulation loops are now navigating compressed valuations and rising losses.

Galaxy Says Crypto DAT Firms Face Pressure As Premiums Collapse

Galaxy Research detailed how the digital asset treasury model depended on stocks trading above their bitcoin net asset value. Those premiums supported the loop of issuance and accumulation that carried these firms through early 2025. 

The cycle broke after BTC fell from October highs near 126000 dollars to recent levels around 92000 dollars. Galaxy linked the pressure to the Oct. 10 deleveraging event, which triggered forced liquidations and drained spot liquidity.

The firm noted how Strategy, Metaplanet, Semler Scientific, and Nakamoto absorbed steep equity drawdowns during the reset. Their valuations dropped harder than BTC as the high beta of treasury stocks worked in reverse. 

Galaxy reported that Nakamoto saw a near total wipeout as its stock plunged more than 98 percent. The report compared this pattern to memecoin-style collapses during sharp liquidity contractions.

Unrealized losses have widened across the sector. Metaplanet’s dashboard showed a swing from more than 600 million dollars in unrealized gains to over 530 million dollars in unrealized losses as of December 1. 

Galaxy highlighted how firms with average BTC costs above 107000 dollars are now deep in the red. The reversal reflects how leveraged equity structures magnify downside once premiums vanish.

Premiums to NAV have also compressed across Strategy, Metaplanet, and Semler Scientific. Galaxy’s updated tables show that valuations once trading at heavy premiums now sit near or below underlying BTC exposure. The firm said the change removes the issuance advantage that powered early 2025 accumulation.

Galaxy Says Crypto DAT Firms Now Enter A “Darwinian Phase”

Galaxy warned that the first phase of the treasury trade is over. Stocks trading below NAV can no longer issue accretively, shifting the model from expansion to defense. 

The firm outlined three possible paths: prolonged discounts, selective survival, and optional upside during the next BTC cycle. Galaxy added that balance-sheet strength will determine which firms endure the downturn.

The sector is now undergoing a stress test. Firms that issued heavily at cycle highs or layered debt on BTC holdings face elevated pressure. 

Galaxy said Strategy moved early by building a 1.44 billion dollar cash reserve to cover obligations for at least a year. The change signals a focus on liquidity management rather than pure BTC accumulation.

Galaxy noted that treasury stocks may recover premiums if BTC hits new all-time highs. But boards will face scrutiny over their execution during this downturn. Galaxy described BTC treasury stocks as path-dependent instruments shaped by timing and issuance choices.

The post DAT Premiums Vanish as Galaxy Warns of a Darwinian Shakeout appeared first on Blockonomi.

TLDR:

Bitcoin whales and sharks accumulated 47,584 BTC in December after months of heavy selling.

Bitcoin bounced from $87K–$88K support, showing strong buyer activity defending key zones.

Retail continues buying dips, moderating the impact of whale accumulation on price direction.

Reclaiming $90K is crucial for Bitcoin’s next upward momentum toward $92K and higher levels.

Bitcoin entered December with renewed accumulation from major holders while price held firmly above a crucial demand zone. 

The asset rebounded from the $87,000–$88,000 area, preserving a structure that traders have monitored closely. These developments arrive as whale and shark wallets shift away from weeks of selling, creating a new dynamic within the market.

Santiment confirmed that whales and sharks accumulated 47,584 BTC so far in December, reversing a heavy unloading phase from October 12 to November 30, when their holdings fell by 113,070 BTC. 

This adjustment, combined with stable support activity, has prompted renewed attention from traders evaluating whether Bitcoin is preparing for a stronger move.

Bitcoin's whales and sharks have accumulated a net total of 47,584 $BTC thus far in December. This follows a long period of dumping from October 12th to November 30th, where their bags decreased by -113,070 $BTC.

In the chart below:

Key stakeholders accumulate,… pic.twitter.com/1ayASmJZjp

— Santiment (@santimentfeed) December 5, 2025

Whales Resume Accumulation After Prolonged Selling Phase

Santiment noted that wallets holding 10–10,000 BTC have moved decisively back into accumulation mode this month. 

The analytics firm explained that this group plays a major role in shaping short-term structure, especially when retail activity moves in the opposite direction. During the recent recovery, whale inflows returned Bitcoin to a positive zone defined by shrinking supply pressure and renewed confidence among key stakeholders.

However, the firm added that retail wallets continue to buy dips. 

While this activity supports price during short retracements, it prevents Bitcoin from entering the ideal structure where large holders accumulate while smaller wallets reduce exposure. Santiment stated that such a pattern could create a cleaner path for upward movement, similar to early September and early October.

Even with retail participation remaining elevated, the shift in whale behavior has contributed to Bitcoin’s early-December stability. The reduced selling pressure has allowed the market to regain footing after a volatile end to November.

$90K Becomes the Immediate Level to Watch

Market analyst Ted stated that Bitcoin retested the $88,000 level before producing a strong bounce.

He noted that the next turning point sits at the $90,000 mark, which must be reclaimed for upward momentum to continue. A successful move above that threshold could lead toward $92,000, then $98,000, and possibly the broader supply region near $102,000.

$BTC retested the $88,000 level and then had a bounceback.

Bitcoin now needs to reclaim the $90,000 level for some upside.

A failure to reclaim it will push BTC towards the $87,000-$88,000 level again. pic.twitter.com/oIgJLfPSy9

— Ted (@TedPillows) December 6, 2025

Ted added that failure to recover $90,000 may send Bitcoin back toward the $87,000–$88,000 zone. 

This area has acted as a defensive line where buyers repeatedly stepped in, signaling its importance. Another test of this region would shape the next phase of the current trend, especially as whales continue to build positions.

With 47,584 BTC added to whale wallets and price compressing between defined technical levels, traders are watching for signs of a potential breakout. The alignment between whale behavior and market structure continues to guide expectations as December progresses.

The post 47,584 BTC Added in December: Is Whale Behavior Signaling a Bitcoin Breakout Ahead? appeared first on Blockonomi.

TLDR:

Partnership links CyberCharge’s charging network with Aster’s 24/7 BNB Chain trading ecosystem.

Users gain dual earning routes by combining EV charging demand with Aster’s trade incentives.

Integration introduces physical energy output into a high-speed decentralized derivatives market.

Collaboration extends CyberCharge’s DePIN access to traders active across Aster’s crypto platforms.

Crypto meets physical infrastructure as CyberCharge revealed a new alliance with Aster DEX in a move that connects its charge-to-earn model with decentralized trading. 

The update came through a social post outlining how the collaboration will blend EV charging incentives with digital asset markets. The integration introduces real-world utility into a fast-growing perpetual and spot trading environment on BNB Chain. 

The partnership sets up a system where users can earn from both physical charging output and active market activity.

CyberCharge Aster DEX Partnership Expands DePIN Reach Into Trading

CyberCharge operates a DePIN network focused on AI-powered EV charging infrastructure. The project distributes charge-to-earn rewards tied to the usage of its physical charging units. 

Aster DEX runs perpetual futures and spot markets for crypto assets and tokenized stocks on BNB Chain. Data referenced in recent posts from CyberCharge noted that the exchange has become one of the network’s fastest-growing trading platforms.

The CyberCharge Aster DEX partnership introduces a combined model that connects physical charging behavior with trading incentives. Users will be able to collect rewards through real-world energy delivery while interacting with markets on Aster. 

CyberCharge stated on social channels that the integration aims to place charging hardware directly inside an onchain trading experience. Aster’s infrastructure supports perpetual contracts and tokenized derivatives, creating a blended environment for both segments.

The effort gives traders access to yield streams that originate from physical charging networks. It also broadens CyberCharge’s exposure to users who already participate in decentralized trading.

[STRATEGIC PARTNERSHIP ANNOUNCEMENT]

We're thrilled to announce a powerful strategic partnership with @Aster_DEX – the fastest-growing perpetual and spot DEX on BNB Chain.

Aster is a next-generation DEX specializing in perpetual futures and spot trading for cryptocurrencies,… pic.twitter.com/OXDFgMV3Vt

— CyberCharge (@CyberChargeWeb3) December 5, 2025

New Incentive Framework Links Energy Output With Perpetual Markets

Aster DEX’s trade-to-earn structure will sit alongside CyberCharge’s hardware-based earning model. Users who trade on Aster’s platform will receive incentives tied to the exchange’s existing reward base. 

CyberCharge brings a second layer of income that depends on the demand for EV charging. Both systems operate independently but feed into the same ecosystem under the partnership.

CyberCharge explained that its chargers are designed for AI-supported optimization across EV fleets. This allows the network to scale rewards based on usage patterns and energy flow. 

Aster DEX processes perpetual futures and spot trades around the clock on BNB Chain. By merging activity sets, the CyberCharge Aster DEX partnership forms a two-sided incentive structure for users.

The combined model creates multiple reward paths without overlapping functions. Trading volume on Aster can deliver yield for active market participants. 

Charging usage can generate returns for users connected to CyberCharge’s DePIN layer. Both teams said through social posts that more integrations are planned.

The post CyberCharge and Aster DEX Form New Alliance to Merge DePIN and DeFi appeared first on Blockonomi.

TLDR:

Strategy built a $1.44B USD reserve that secures obligations through 2065 and reduces pressure on its Bitcoin holdings.

The firm’s 650K BTC treasury amplifies stock volatility due to its high beta relative to Bitcoin.

Strategy accumulated 130 BTC between November 17 and November 30 during the recent market downturn.

CEO Phong Le said the firm’s average Bitcoin cost basis is about $72K, keeping the position above breakeven.

Strategy moved to reassure investors after Bitcoin slipped below the $90,000 level this week. The company’s CEO, Phong Le, detailed a new $1.44 billion reserve designed to stabilize its balance sheet. 

His comments followed heightened concerns about leverage, stock volatility, and the firm’s Bitcoin exposure. Strategy addressed these issues during an interview shared on its official social channel.

Strategy CEO Addresses Bitcoin Volatility and Treasury Exposure

Bitcoin’s slide has pushed Strategy’s stock lower, reflecting the firm’s tight correlation with the crypto market. Le said Strategy’s model still depends on steady Bitcoin accumulation, even during downturns, according to the CNBC clip shared by the company. 

He described the stock’s amplified moves as a feature of its approach, which has historically leaned on equity and debt raises to expand its holdings. Strategy acquired 130 Bitcoin between November 17 and November 30, according to the segment.

Le noted that Strategy’s average purchase price sits near $72,000. He said price dips do not alter its long-term thesis because the firm expects sustained Bitcoin appreciation over time. 

The company continues to operate through market swings, using slower accumulation during pullbacks. Strategy currently holds 650,000 Bitcoin tracked in the broadcast graphics.

The stock’s volatility remained a key talking point throughout the interview. The segment replayed commentary describing Strategy as a widely used proxy for BTC trading. 

Le said this linkage explains why the stock moves faster in both directions, driven by what he described as a higher beta tied to the firm’s leveraged exposure. He added that recent volatility prompted Strategy to expand its liquidity buffer.

This afternoon, Phong Le, CEO of @Strategy, joined @CNBC @PowerLunch to discuss how $MSTR moves with bitcoin, how our USD reserve addresses recent FUD, the shifting Overton Window, key volatility drivers, and why bitcoin’s long-term outlook remains strong. pic.twitter.com/1t5hsfov0m

— Strategy (@Strategy) December 5, 2025

New $1.44B Reserve Provides Long Operational Runway

Le said the firm assembled a $1.44 billion USD reserve in late November to counter public concerns about solvency risks. Strategy posted the clip emphasizing that the reserve supports dividends and interest obligations for decades. 

The timeline shown suggested this coverage extends to 2065, removing near-term pressure to liquidate BTC. Le said the rapid capital raise reflected market confidence even during a weaker period for the asset.

The interview also addressed questions about whether Strategy would ever sell its Bitcoin. Le pointed to the extended runway provided by the reserve and said a sale would only come after an unusually long downturn. 

Strategy highlighted shifting institutional sentiment, noting that the Overton Window for crypto has widened. The company shared the segment to illustrate how traditional financial firms are now entering the space.

The discussion concluded with Le maintaining that Bitcoin continues to show long-term momentum. He said volatility remains part of the market cycle but does not change the company’s overall outlook. 

The clip shared by Strategy underscored this stance as markets digested the latest pullback.

The post Strategy Builds $1.44B Reserve to Defend Bitcoin Treasury Strategy appeared first on Blockonomi.

TLDR:

The tokenised Canary HBR ETF completed its first onchain trade during the Thanksgiving market closure.

Archax demonstrated how regulated assets can transact on Hedera without traditional trading-hour limits.

The ETF’s design links traditional structures with continuous blockchain settlement on Hedera.

The event highlighted how tokenised products can move securely while maintaining regulatory oversight.

The tokenised Canary HBR ETF just completed its first onchain trade during a U.S. market holiday. The transaction occurred on Hedera as traditional exchanges remained closed on November 27. 

Archax confirmed the after-hours movement in a post and later detailed the event in a published blog. The action marked a real demonstration of how tokenised financial instruments can operate without standard market limits.

Tokenised Canary HBR ETF Marks New Milestone on Hedera

Archax said the tokenisation process reflects its push to connect regulated markets with blockchain infrastructure. 

The firm described the ETF as linked to Hedera’s native token and fully transactable on Hedera’s public network. The completed trade showed how the asset could move in real time while maintaining institutional oversight.

The UK and EU-regulated exchange reported that the ETF executed a live transaction outside normal U.S. market hours. 

The trade occurred while Thanksgiving closures kept traditional venues offline. Archax stated on social channels that the test proved how tokenised assets react in live settings.

The firm also noted that the ETF’s structure brings regulated products directly onto distributed ledger rails. This setup allows continuous settlement without the timing friction normally found in market-based systems. Archax highlighted the ability of tokenised equities to function during holidays or sudden closures.

Officials involved in the project described the development as an important step for regulated integration. They pointed to the ETF’s design, which runs on Hedera’s public infrastructure. The setup enabled the first onchain ETF trade processed entirely through the network.

@ArchaxEx is proud to announce the tokenisation and first onchain transaction of the Canary HBR ETF on the @hedera Network.

On Thanksgiving, while traditional US markets were closed, Archax facilitated a live, out of hours transaction of the tokenised Canary HBR ETF. This… pic.twitter.com/qOJksJwvb5

— Archax (@ArchaxEx) December 5, 2025

Hedera Infrastructure Supports Regulated Onchain Activity

Hedera’s network provided the settlement layer for the ETF’s movement, according to the blog. 

The organisation behind the chain said the transaction showed how its system handles regulated financial instruments. The process included issuance, transfer, and settlement on the same infrastructure.

The trade also added a new example of how tokenised assets can remain compliant while operating with blockchain efficiency. 

Hedera’s team said the cross-market timing flexibility demonstrates its institutional design. The network’s structure allowed the ETF to complete the transaction securely and transparently.

The blog added that the ETF’s tokenised format gives issuers and buyers continuous access. It also detailed how the event proves the possibility of 24-hour operation for regulated instruments. 

Hedera’s leadership noted that the system offers operational flexibility without altering compliance requirements.

Archax repeated in its communications that the ETF’s onchain movement reflects an early preview of broader adoption. The exchange said regulated financial products will increasingly use blockchains for operational continuity. 

The firm framed the event as an example of how digital infrastructure supports traditional finance.

The post Tokenised Canary HBR ETF Executes First Onchain Trade on Hedera appeared first on Blockonomi.

TLDR:

XRP recorded uninterrupted institutional inflows across all global regions, while most major crypto products faced sustained outflows.

Europe added $549M to the token’s products this year, surpassing Ethereum and Solana despite broader selling across altcoins.

International markets placed $252M into XRP, nearly matching Bitcoin inflows despite far smaller product size.

U.S. synthetic XRP products saw $241M in inflows as Bitcoin and Ethereum ETFs lost $6.4B in a single month.

XRP institutional inflows lead the latest findings from WisdomTree, which confirm that XRP is the only major cryptocurrency receiving uninterrupted institutional buying across every global region.

The report arrives during a period when most digital asset products recorded net selling, showing how XRP’s demand moved differently from the broader market.

The data indicates that professional investors continued adding capital to XRP products in Europe, the United States, and international markets. These allocations formed a consistent trend, standing apart from the declines seen in Bitcoin, Ethereum, Solana, and several other assets.

Europe and Global Markets Record Consistent XRP Allocations

WisdomTree reported that XRP institutional inflows in Europe reached $549 million this year. 

This total surpassed Ethereum’s $185 million and exceeded Solana’s position, which shifted into losses after previously accumulating $814 million. Only Bitcoin registered larger inflows within the region at $1.764 billion, yet the token’s steady performance remained notable during months of market selling.

WISDOMTREE REPORT REVEALS XRP IS THE ONLY CRYPTOCURRENCY WITH SUSTAINED INSTITUTIONAL INFLOWS ACROSS ALL REGIONS

A new report from Wisdomtree confirms XRP is the ONLY major cryptocurrency that institutions continued to buy across every region and product type, even during a… pic.twitter.com/wpPliLkohE

— SMQKE (@SMQKEDQG) December 5, 2025

Beyond Europe, the report showed continued funding in international markets outside the United States. 

Investors added $252 million to XRP-linked products, nearly matching the $268 million allocated to Bitcoin. Since Bitcoin’s products are more than twenty-five times larger, the asset’s brought in nearly twenty-five times more capital per dollar of size in these markets.

This distribution created an uncommon pattern where the Ripple-affiliated attracted positive flows in regions where many other altcoin products faced declines. 

The trend was reinforced by market observations shared across social platforms, which pointed to XRP’s contrasting performance relative to broader market outflows.

The stability of these inflows reflected persistent institutional participation. Each region maintained directionally positive activity, which strengthened the impression of sustained engagement with XRP-focused offerings.

United States Data Reinforces Unbroken Demand for XRP

The United States reflected another stretch of positive XRP institutional inflows. 

WisdomTree confirmed that the synthetic Ripple asset product drew $241 million this year, surpassing the $206 million added to synthetic Solana products. The asset also outperformed all other altcoin-linked offerings in the U.S. market, continuing its steady pace while other products saw reduced activity.

At the same time, Bitcoin and Ethereum ETFs in the United States recorded combined outflows of $6.4 billion in November. 

Despite this reversal across two of the largest crypto categories, XRP-linked offerings continued to attract capital. This difference illustrated how institutional buyers were still choosing XRP during periods when other assets saw withdrawals.

Market participants also noted this separation in behavior, pointing to the way XRP maintained inflows when the broader market moved in the opposite direction. 

The trend aligned with earlier observations shared on crypto-focused channels tracking fund flows.

WisdomTree’s findings confirmed that the token stood as the only asset with unbroken institutional inflows this year across all examined regions. 

The consistency formed a rare pattern during a volatile period, and it showed where professional investors placed new capital when other categories experienced selling.

The post WisdomTree Report: XRP Is the Only Crypto With Sustained Institutional Inflows appeared first on Blockonomi.

TLDR:

BNB shows a firm reaction from the 0.786 Fibonacci demand zone, hinting at early strength from weekly support.

Buyers appear active as the weekly candle prints a long lower wick, signaling reduced selling pressure.

Ecosystem growth accelerates with new DeFi, AI, and prediction market projects supported by major investment funds.

BNB Chain leads in active addresses with 57.6M users, reinforcing steady network participation and expanding adoption.

BNB is showing a decisive reaction from a crucial Fibonacci demand area, signaling that the asset may be entering a transition phase.

The latest weekly movement shows buyers stepping in as the price stabilizes above a structural support block.

This development comes as BNB Chain records steady network growth and increasing activity from new ecosystem sectors. The combination of technical strength and expanding adoption places the asset at a pivotal point in the current market cycle.

Weekly Structure Suggests Strength at the 0.786 Fibonacci Demand Zone

According to Rose Premium Signals, BNB is responding firmly from the 0.786 Fibonacci demand zone, a level traders often monitor as the final retracement before a potential shift. 

$BNB Weekly Demand Zone Reversal Ready#BNB Binance Coin is reacting strongly from the 0.786 Fibonacci demand zone, showing early signs of a major trend reversal

As long as price holds this weekly support block, BNB is positioned for a powerful breakout in the coming… pic.twitter.com/81vxTYSobA

— Rose Premium Signals (@VipRoseTr) December 5, 2025

The current weekly candle displays a long lower wick and a firm close, suggesting that selling pressure has weakened in this region. This reaction points to active accumulation as market participants defend the zone.

The analysis emphasizes that this demand block now acts as essential support. 

Maintaining structure above this area introduces room for a recovery leg over the coming sessions. A short pullback may appear during the process, but the setup still leans toward a continuation move aimed at reclaiming higher ranges.

Technical checkpoints sit at the 0.618, 0.5, and 0.236 Fibonacci levels. 

Breaking each one would indicate rising bullish momentum and improved market confidence. The projected pathway identifies two upside objectives: $1,296.11 as a structural resistance level and $1,456.54 near a previous weekly swing high.

Network Expansion Strengthens the Bullish Technical Outlook

BNB Chain’s ecosystem has continued to expand in key sectors such as prediction markets, DeFi innovation, and AI-linked solutions.

New project inflows are supported by the $1 billion YZiLabs fund, which is attracting builders and strengthening utility across the network. This activity provides an additional layer of support for long-term demand.

Recent data shows substantial growth in the network’s user base. 

BNB Chain now records more than 57.6 million active addresses, with total users exceeding 300 million. These figures reflect sustained participation and broad adoption across multiple use cases.

Insights from CryptoRank further show BNB Chain leading the industry in active addresses. 

Solana and Near follow with 43.7 million and 42.1 million, while Polygon continues to rise due to strong performance from Polymarket. This positioning suggests that network engagement remains stable as technical conditions improve.

The post Is BNB Ready for a Major Trend Reversal From the Weekly Demand Zone? appeared first on Blockonomi.

TLDR:

Switzerland is accelerating its sovereign quantum computer push to secure long-term digital independence.

SEALSQ cites national control of hardware and data as core to Switzerland’s quantum strategy.

CERN, ETH Zurich, EPFL, PSI, and CSCS form a concentrated ecosystem driving quantum advances.

The initiative aims to keep quantum innovation, talent, and infrastructure firmly within Swiss borders.

Switzerland is escalating its efforts to build a sovereign quantum computer as local institutions move to secure the country’s position in the next wave of advanced computing. 

The initiative entered a sharper phase after SEALSQ outlined a coordinated approach focused on national control of hardware, software, and secure infrastructure. The push marks a strategic shift toward quantum independence as global powers pursue similar paths. 

Switzerland’s leadership sees the effort as central to long-term digital resilience.

Switzerland Positions Its Sovereign Quantum Computer Strategy

SEALSQ described the sovereign quantum computer project as a national capability rather than a standalone machine. 

The company highlighted the rising importance of quantum hardware in secure communication, finance, AI workloads, and scientific research. It stated that controlling the stack protects the country from dependency on outside suppliers. 

The approach also aligns with Switzerland’s broader strategy of preserving neutrality through technological autonomy.

The company pointed to intensified developments in the EU, the UK, France, Japan, and Singapore. These jurisdictions have elevated quantum sovereignty to a core component of security policy.

SEALSQ argued that Switzerland’s research strength gives it a chance to match these efforts. The firm added that early action is necessary to prevent future reliance on foreign quantum providers.

SEALSQ cited its post-quantum semiconductors, secure hardware, and data center capabilities as foundational components. Its infrastructure is designed to anchor identity layers and control systems for quantum computing. 

According to the company, this provides a base for secure operation within Swiss borders. It stated that these elements reduce external exposure and keep innovation value circulating locally.

Scientific institutions remain central to the effort. CERN’s Quantum Technology Initiative contributes governance experience and frontier experiments, including recent progress with antimatter qubits. 

ETH Zurich, EPFL, PSI, CSCS, and the Swiss Quantum Initiative are building processors, hybrid supercomputing models, and advanced algorithms. Their combined output gives Switzerland a concentrated ecosystem comparable to larger global programs.

We are at @SEALSQcorp intensifying our efforts to build the first Swiss sovereign quantum computer—not just as a machine, but as a national strategic capability that Switzerland must own, secure, and shape.

Quantum computing is becoming the next defining layer of global power.… pic.twitter.com/Tj4hDaob3T

— Carlos Creus Moreira (@CreusMoreira) December 5, 2025

National Institutions Align Behind a Shared Quantum Roadmap

SEALSQ said the country now has a realistic path to a sovereign quantum computer built entirely on domestic technology. It outlined a model where hardware, cryptographic protections, operational facilities, and governance stay under Swiss law. 

The company added that this structure reinforces Switzerland’s reputation for secure digital services. It also preserves national control over sensitive computational workloads.

The organization framed the effort as essential for Switzerland’s role in global finance and diplomacy. It stated that quantum-ready infrastructure will help the country maintain trust in international transactions. 

It also argued that local ownership prevents intellectual property drain to foreign entities. The project, according to SEALSQ, is now entering an accelerated phase of development.

The company emphasized that the initiative extends beyond technological milestones. It views quantum capability as part of the nation’s long-term resilience. 

SEALSQ said the work is progressing with urgency as global competition increases. It noted that Switzerland’s combination of research institutions and trusted digital infrastructure remains a strategic advantage.

The post Switzerland Accelerates Push Toward a Sovereign Quantum Computer appeared first on Blockonomi.

TLDR:

XRP ETF model centers on settlement and liquidity functions rather than speculative trading exposure.

Bitcoin and Ethereum ETFs remain tied to price-driven inflows and derivatives-based execution frameworks.

Tokenized Treasuries could increase demand for assets functioning as settlement rails across institutional markets.

Commentary suggests XRP ETF growth may follow usage metrics instead of traditional buy-and-sell cycles.

XRP’s role in the ETF landscape is drawing interest after new insights described its potential to act as financial plumbing rather than a speculative vehicle. The discussion surfaced after commentary shared by Pumpius on social media compared the structure of an XRP ETF with existing Bitcoin and Ethereum products. 

The analysis pointed out that BTC and ETH funds mainly serve traders seeking price exposure and collateral use. The XRP model, however, was described as tied to balance-sheet functionality and9=opoiu settlement activity.

How the XRP ETF Model Differs From Traditional Crypto Funds

According to the post from Pumpius, Bitcoin and Ethereum ETFs operate as speculative access points with price-driven inflows. The post described them as tools for exposure, derivatives execution, and collateralized positioning within trading environments. 

These funds offer access and liquidity but remain separated from native settlement layers. The commentary argued that this structure limits their role to market participation rather than infrastructure.

The XRP ETF, in contrast, was framed as closer to money-market utilities due to XRP’s settlement capabilities. The post indicated that XRP can function within repo markets, short-term liquidity operations, and settlement of tokenized Treasuries.

This positioning extends its potential reach into bond-market workflows and cross-border payment systems. Pumpius stated that this creates a distinct growth model tied to institutional usage rather than market speculation.

The thread noted that XRP’s interoperability with FX rails could extend its application in multi-asset transactions. 

This stands apart from the price-led reflexivity seen in Bitcoin ETF flows. The structure outlined suggests that an XRP ETF could gain assets as institutions use it for operational throughput. This approach frames the product as infrastructure rather than a trading-focused instrument.

A colleague in BlackRock’s digital markets team mentioned this to me privately and most people still don’t understand how fundamentally different an XRP ETF is from BTC/ETH ETFs.

BTC/ETH ETFs = Speculative Exposure
• Price appreciation
• Collateral for borrowing/lending
•…

— Pumpius (@pumpius) December 5, 2025

Industry Context Around Tokenized Treasuries and Liquidity Flows

The commentary also connected XRP’s potential role to the expanding field of tokenized sovereign debt. 

Pumpius referenced the International Monetary Fund’s acknowledgment of Treasury tokenization as a developing path. If adoption accelerates, assets capable of settling tokenized instruments could gain operational demand. 

The post suggested that an ETF built around settlement utility could outperform funds designed primarily for exposure.

This model contrasts the growth cycles of current ETF products, which rise and fall with retail and institutional buying. The described XRP framework would instead scale with transaction velocity and institutional liquidity needs. 

That distinction positions the product closer to existing money-market instruments than speculative crypto derivatives. The thread concluded that Wall Street may not yet be pricing this potential difference

The post Why XRP ETF Models Differ From Bitcoin and Ethereum Products appeared first on Blockonomi.

TLDR:

Strive calls MSCI Bitcoin exclusion plan harmful to passive investors and market innovation

Bitcoin miners now provide AI infrastructure to Google, Microsoft in multibillion dollar deals

International accounting rules may let foreign Bitcoin firms avoid MSCI’s 50 percent threshold

Asset manager proposes custom index variants instead of excluding all Bitcoin treasury companies

Nasdaq-listed asset manager Strive has pushed back against MSCI’s proposal to remove companies holding significant Bitcoin from its global equity indices. The firm sent a formal letter to MSCI Chairman Henry Fernandez outlining concerns about the plan. 

Strive argues the move would harm passive investors and create market distortions. The company holds Bitcoin reserves and operates structured finance products tied to the digital asset.

The 50% MSCI Threshold Faces Criticism

The proposal targets companies where digital assets comprise more than 50 percent of total assets. 

MSCI released a preliminary exclusion list that includes major Bitcoin mining firms and treasury companies. Strategy and Metaplanet appear near the top of the list despite operating structured finance businesses. 

Strive argues these firms produce real goods and services beyond simply holding Bitcoin.

Bitcoin miners like MARA Holdings and Riot Platforms have expanded into AI infrastructure. These companies leverage existing power contracts and data centers to serve tech giants. 

Recent deals with Google, Microsoft and Amazon total nearly $10 billion according to market data. Google has taken equity stakes in some mining partners as part of these agreements.

The exclusion would cut passive investors off from participating in these growth trends. 

Strive notes that traditional financial institutions like JPMorgan Chase and Goldman Sachs now issue Bitcoin-linked structured products. These banks face no index penalties for offering the same instruments that Bitcoin treasury companies provide. 

The uneven treatment creates competitive disadvantages for newer entrants in the space.

https://t.co/5gdKWpFATh

— Matt Cole (@ColeMacro) December 5, 2025

Accounting Rules Create Loopholes

Strive identified a major flaw in MSCI’s approach tied to accounting standards. US GAAP requires fair value reporting for digital assets while IFRS allows cost-basis accounting. 

International companies can keep Bitcoin holdings below the 50 percent threshold on paper even as values rise. The rule could inadvertently increase Bitcoin exposure in MSCI’s international indices.

Trump Media avoided the preliminary exclusion list despite substantial digital asset positions. The company holds Bitcoin through derivatives and ETFs rather than spot positions. 

Adding those instruments would push total exposure above 60 percent based on regulatory filings. Strive warns that measuring true digital asset exposure across various instruments will prove difficult.

The asset manager recommends MSCI create custom index variants instead of blanket exclusions. Clients concerned about Bitcoin exposure could opt into benchmarks like MSCI USA ex Digital Asset Treasuries. 

This approach would preserve neutral flagship indices while addressing specific investor preferences. ESG overlays and other screening tools already exist for handling controversial sectors.

The post Strive Slams MSCI Over Bitcoin Treasury Exclusion Plan appeared first on Blockonomi.

TLDR:

Reverse repo balances dropped to zero, removing a major liquidity buffer for the Fed system.

Hassett called for cautious rate cuts as growth slows and labor conditions continue to loosen.

Delphi Digital flagged shrinking reserves as Treasury issuance now hits banks directly.

Crypto markets reacted as marginal liquidity turned positive for the first time since 2022.

Fed liquidity conditions tightened further as policymakers weighed calls for a change in direction. 

Kevin Hassett said the Federal Reserve should begin cautious rate cuts as growth slows. His remarks arrived as market watchers tracked a rapid shift in liquidity data. 

The combination brought fresh attention to monetary conditions and their effect on crypto markets.

Fed Liquidity Turns After Reverse Repo Drain

The change surfaced after CryptosRus reported Hassett’s view on measured cuts to support growth and avoid inflation risk. 

His comments signaled a softer stance as the labor market loosened and spending cooled. Investors watched the shift for signs of near-term policy adjustments.

JUST IN: HASSETT CALLS FOR CAUTIOUS FED RATE CUTS

White House Advisor Kevin Hassett says the Fed should start cautiously cutting interest rates amid slowing growth and a loosening labor market!

Hassett sees rate cuts as a balanced move to support growth without stoking… https://t.co/DtKlqHSW8l pic.twitter.com/zmBvxDpead

— CryptosRus (@CryptosR_Us) December 5, 2025

Delphi Digital noted that Fed liquidity reached a new point as reverse repo balances fell to almost zero. The fall removed a buffer that previously absorbed Treasury issuance in 2023. With the cushion gone, the system now depends directly on bank reserves.

The group added that any new Treasury issuance or TGA rebuild would reduce those reserves. The Fed must either allow reserves to shrink or add liquidity through its balance sheet. The second path appeared more likely compared to past episodes.

Delphi Digital pointed to conditions last seen in 2019, when tight reserves caused funding stress. The expectation now is that liquidity could rise as QT winds down. The TGA drawdown may also add net flows to markets.

Crypto Market Watches the Fed Liquidity Pivot

The crypto market followed the shift closely as marginal liquidity turned positive for the first time since early 2022. 

Traders monitored the effect on sentiment as rate paths and liquidity conditions converged. The move could reduce one of the major headwinds seen across digital assets.

According to Delphi Digital, the combination of a softer policy tone, a near-empty reverse repo facility, and a potential balance-sheet shift created new dynamics. 

The Fed's liquidity buffer is gone.

Reverse Repo Balances collapsed from over $2 trillion at the peak to practically zero.

In 2023, the RRP was full enough to cushion the TGA refill by absorbing Treasury issuance instead of draining bank reserves. With the RRP now at the floor,… pic.twitter.com/dMvy8FMCwf

— Delphi Digital (@Delphi_Digital) December 4, 2025

These factors shaped discussions about market support as liquidity conditions changed. Crypto analysts tracked the reaction as activity rose across major assets.

Hassett’s remarks added another layer as investors assessed how cautious cuts may influence borrowing costs. Any such adjustment would affect funding markets already sensitive to shifts in reserves. The conversation continued as more data shaped expectations.

The post Fed Liquidity Shifts as Hassett Urges Cautious Rate Cuts appeared first on Blockonomi.

TLDR

Microsoft’s OpenAI partnership and Azure AI integration make it a top enterprise AI investment with strong analyst support

Alphabet leverages DeepMind research and massive data advantages to compete in AI search and cloud services

NVIDIA’s GPU dominance and CUDA software ecosystem position it as the infrastructure backbone for AI workloads

Palantir’s AIP platform helps enterprises deploy AI in production, bridging the gap between development and implementation

Snowflake provides essential data infrastructure for AI applications, serving as a foundational layer in the technology stack

The AI industry continues transforming business operations worldwide. Five companies offer different investment opportunities for those planning to hold positions over the next five years.

Microsoft leads the enterprise AI sector through its multi-billion dollar OpenAI partnership. The company embedded AI capabilities across its product line including Azure cloud services and Office applications. Copilot now integrates with Microsoft’s productivity tools.

Azure competes directly with Amazon Web Services for cloud market share. AI workloads drive growth in this division. Wall Street analysts predominantly rate Microsoft stock as a buy with price targets indicating upside potential.

The company’s diverse revenue streams provide stability even if individual AI projects underperform. This diversification appeals to investors seeking both growth and defensive qualities in their portfolios.

Alphabet and NVIDIA Lead Research and Infrastructure

Alphabet combines extensive AI research capabilities with large proprietary datasets. DeepMind and Google Brain teams developed breakthrough AI technologies over several years. The company now commercializes these innovations across Search, YouTube, and Google Cloud.

Gemini launched as Alphabet’s response to ChatGPT competition in search. AI features are rolling out across the company’s entire product ecosystem. Analysts maintain mostly buy or overweight ratings on the stock.

The core search business generates strong profits while AI development expands. Alphabet’s cash flow and balance sheet support continued research and development spending.

NVIDIA manufactures the GPUs powering most AI training and inference operations. The company’s CUDA software creates high switching costs for customers invested in the ecosystem. Analysts view NVIDIA as a primary beneficiary of AI infrastructure spending.

The stock trades at premium valuations reflecting market expectations for continued growth. Competition from AMD and custom chips developed by cloud providers present potential challenges. NVIDIA’s track record and expanding addressable markets support current valuations.

Palantir and Snowflake Target Specific AI Needs

Palantir focuses on AI implementation rather than development. The Artificial Intelligence Platform helps enterprises operationalize AI in their workflows. Government and defense contracts provide steady revenue while commercial sales accelerate.

Analyst opinions vary more widely on Palantir compared to larger technology companies. The stock trades at high valuations. The company addresses real challenges businesses face when moving AI from testing to production environments.

Snowflake operates cloud data platforms that companies use to build AI applications. Quality data forms the foundation for effective AI systems. This positions Snowflake as essential infrastructure in the AI technology stack.

The company encounters competition and execution hurdles reflected in mixed analyst ratings. However, Snowflake’s existing customer relationships and ongoing product innovation continue developing. The fundamental requirement for data infrastructure in AI applications supports the long-term investment thesis.

These five stocks cover different segments of the AI market from infrastructure to applications. Each company holds distinct competitive positions addressing specific customer needs across the technology stack.

The post Best AI Stocks to Buy in December, According to Claude appeared first on Blockonomi.

TLDR

Congress has not authorized new stimulus payments for December 2025, and no IRS deposits are scheduled.

The final $1,400 Recovery Rebate Credit payments ended in January 2025, with the April 15, 2025 filing deadline now closed.

Trump announced a $2,000 tariff dividend proposal on December 2, claiming tariff revenues would fund citizen refund checks.

The American Worker Rebate Act of 2025 proposes $600 per adult and $600 per dependent but has not passed Congress.

Treasury Secretary Scott Bessent expressed uncertainty about the tariff dividend, suggesting it might be tax cuts rather than direct payments.

Online speculation about December 2025 stimulus checks has created confusion for millions of Americans. Despite widespread rumors, no new federal stimulus payments have been approved by Congress.

The IRS has not confirmed any checks or direct deposits for the coming weeks. Search traffic has surged as people look for information about potential payments.

The confusion comes from mixing past programs with new proposals. The last federal stimulus payments were part of the Recovery Rebate Credit program.

Those checks went out between December 2024 and January 2025. Eligible taxpayers received up to $1,400 per person.

The payments were automatic for people who hadn’t claimed the credit on their 2021 tax returns. No applications were needed, and recipients got mail notifications.

That program ended completely on April 15, 2025. The filing deadline has passed with no extensions available.

Trump Proposes Tariff-Funded Payments

President Trump discussed a new payment plan during a December 2 cabinet meeting. He claimed the U.S. is collecting trillions of dollars from tariffs.

Trump said this money would be returned to Americans as dividend-style refund checks. He described next year as the largest tax refund season ever.

The president first mentioned this idea in November on Truth Social. He wrote that tariffs could fund a dividend of at least $2,000 per person.

High-income earners would not receive the payments. Trump suggested the checks would go to middle and low-income Americans.

Budget experts quickly pushed back on the proposal. Erica York from the Tax Foundation told reporters the numbers don’t add up.

She compared it to the short-lived DOGE dividend plan tied to Elon Musk’s budget cuts. That proposal also failed to materialize.

Treasury Secretary Questions Payment Method

Treasury Secretary Scott Bessent appeared surprised by the announcement. He told ABC’s This Week in November that he hadn’t discussed the dividend with Trump.

Bessent suggested the rebate might not come as direct checks. He said it could take the form of tax cuts instead.

White House Press Secretary Karoline Leavitt later confirmed the administration’s commitment. She said checks would target individuals and families making $100,000 or less.

Details continue to emerge about the plan. However, questions remain about whether it will actually happen.

Congressional Bill Remains Stalled

The American Worker Rebate Act of 2025 is related to Trump’s proposal. The bill would provide at least $600 per eligible adult.

Families would receive an additional $600 per dependent child. A family of four could get up to $2,400 with income limits.

The legislation has not passed Congress yet. No payment schedule or timeline exists for the bill.

Without Congressional approval, the IRS cannot issue any payments. There is no authority to send federal money without new legislation.

Some officials suggested payments might come in mid-2026. That timeline depends entirely on passing new laws.

Scam Warnings Increase

The IRS is warning Americans about fake stimulus messages. Scammers are exploiting confusion to steal personal information.

The IRS never contacts people through email, text messages, or social media. Official communication always comes by mail first.

Messages claiming “Claim your December stimulus” or requesting bank details are fraudulent. The IRS does not ask for login credentials or identity verification through digital channels.

Americans should verify any payment information through IRS.gov or official government sources. No new stimulus check portal, enrollment form, or deposit schedule currently exists.

The post Stimulus Payment December 2025: What to Know About Trump’s Tariff Dividend appeared first on Blockonomi.

TLDR

Apple sent cyber threat notifications to users in 84 countries on December 2, 2025

The warnings alert users they may have been targeted by state-backed hackers

Apple provided limited details about the surveillance or number of affected users

The company has now notified users in over 150 countries total since beginning these warnings

Previous warning waves triggered investigations by government bodies including the European Union

Apple issued a fresh round of cyber threat notifications to users across 84 countries this week. The company sent the warnings on December 2, 2025.

APPLE ISSUES NEW CYBER-THREAT ALERTS IN 84 COUNTRIES

Apple $AAPL sent another round of cyber-threat notifications, warning users in 84 countries they may be targeted by state-backed hacking attempts.

Alerts were issued December 2
No details on who targeted users or how…

— CHItrader (@CHItraders) December 5, 2025

The notifications inform users they may have been targeted by state-sponsored hackers. Apple joins other tech companies in regularly alerting customers to potential surveillance threats.

Apple’s statement offered few specifics about the nature of the alleged surveillance. The company did not disclose how many users received warnings.

Apple also declined to identify who might be behind the surveillance attempts. The tech giant kept details sparse in its Friday announcement.

This marks another chapter in Apple’s ongoing effort to protect users from state-backed cyber attacks. The company has been sending these types of warnings for some time now.

Apple has now reached users in over 150 countries total with these notifications. The expanding geographic scope shows the global nature of surveillance threats.

Government Response to Previous Warnings

Earlier rounds of Apple’s warnings made headlines worldwide. Some prompted official investigations by government bodies.

The European Union has looked into cases involving its senior officials. These officials were previously targeted using commercial spyware.

Apple’s Warning System

Apple determines when users may face targeting from state-backed actors. The company then sends notifications directly to those users.

The warnings help users understand potential threats to their devices and data. Apple positions these alerts as part of its commitment to user privacy.

Other technology companies have similar notification systems in place. The practice has become more common as surveillance threats have grown.

Apple continues to expand its threat detection capabilities. The company monitors for various types of state-sponsored attacks.

The December 2 notifications represent Apple’s latest effort to keep users informed. The company sent warnings to users across 84 different countries.

Apple has not provided a timeline for when it might issue additional warnings. The company appears to send notifications as it detects new threats.

The post Apple (AAPL) Stock: Company Issues Cyber Threat Warnings to Users in 84 Countries appeared first on Blockonomi.

TLDR

The New York Times filed a lawsuit against Perplexity AI on Friday

The lawsuit alleges Perplexity used millions of Times articles without authorization

The AI startup allegedly copied, distributed and displayed the content without permission

The content was used to train Perplexity’s chatbot systems

This case adds to growing tensions between news publishers and AI companies over copyrighted content

The New York Times filed a lawsuit against Perplexity AI on Friday. The legal action targets the artificial intelligence startup for alleged copyright violations.

The New York Times is suing generative-AI startup Perplexity for copyright infringement, expanding its legal fight against artificial-intelligence companies https://t.co/lHaaU4eOi8

— WSJ Business News (@WSJbusiness) December 5, 2025

The lawsuit claims Perplexity AI used millions of Times articles without authorization. The complaint states the company copied, distributed and displayed the newspaper’s content without permission.

According to the filing, Perplexity used the Times content to train its chatbot systems. The AI startup develops conversational artificial intelligence tools for users.

The Times alleges the use of its journalistic material was unlawful. The newspaper says Perplexity took copyrighted content to develop its AI technology.

The lawsuit represents another legal challenge in the growing dispute between media companies and AI firms. News publishers have raised concerns about AI companies using their content without compensation.

Perplexity AI has not responded to requests for comment on the lawsuit. The company has not issued a public statement about the legal action.

The case was filed in court on Friday. The Times is seeking legal remedies for the alleged copyright infringement.

The lawsuit details how Perplexity allegedly accessed Times articles. The company is accused of using this content to improve its chatbot capabilities.

Publishers argue AI companies should pay for using their content. They say the articles required investment in reporting and journalism.

AI companies have faced multiple lawsuits from content creators. These cases question how AI systems can legally use existing works for training.

The Times has been active in protecting its intellectual property. The newspaper has previously taken legal action against other tech companies.

The lawsuit comes as AI technology continues to advance rapidly. Companies are developing more sophisticated chatbots and language models.

Perplexity AI operates in the competitive AI chatbot market. The company competes with other firms developing similar technology.

The case will test legal boundaries around AI training data. Courts will need to determine how copyright law applies to AI development.

The New York Times filed the lawsuit to protect its copyrighted works. The newspaper alleges Perplexity AI unlawfully copied, distributed and displayed millions of its articles without permission to train chatbots.

The post New York Times Sues Perplexity AI Over Unauthorized Use of Articles appeared first on Blockonomi.

TLDR

Pivotal Research raised Alphabet’s price target to $400, a Street-high representing 25% upside from current levels

Analyst Jeff Wlodarczak says Alphabet is “winning everywhere” with strong performance in search, AI assistant Gemini, and YouTube streaming

Alphabet’s custom Tensor Processing Units offer cheaper AI computing than Nvidia GPUs, potentially boosting cloud market share

Analyst sentiment has improved dramatically, with 84% of analysts now rating the stock a Buy versus 80% a year ago

The stock trades at about 30 times estimated 2026 earnings, up from 20 times a year ago, reflecting increased investor confidence

Pivotal Research analyst Jeff Wlodarczak lifted his price target for Alphabet stock to $400 from $350 on Friday. The new target represents roughly 25% upside from recent trading levels. He maintained his Buy rating on the stock.

The new target stands as the highest on Wall Street. The next closest price target from a major U.S. broker sits at $380, according to FactSet data. A year ago, the top Street target was just $240.

The analyst painted a picture of a company firing on all cylinders. Google search remains resilient as a cash generator. The Gemini AI assistant continues to improve. YouTube holds its position as the world’s largest video streaming platform.

What a difference twelve months makes. In late 2024, investors fretted about OpenAI’s ChatGPT disrupting Alphabet’s core business. Antitrust concerns also loomed large. Those worries have faded considerably.

Tensor Processing Units Could Drive Cloud Growth

Alphabet develops its own Tensor Processing Units that work alongside Nvidia Graphics Processing Units for AI computing tasks. These custom chips focus on reducing costs.

Lower expenses for AI workloads could “accelerate their cloud computing market share and profitability,” Wlodarczak wrote. He believes Alphabet appears best positioned among peers to monetize AI investments both internally and externally.

The chip strategy offers two potential benefits. TPUs might capture market share from Nvidia. Or they could pressure GPU prices lower. Either outcome helps Alphabet’s bottom line.

Analyst Michael Levine from the same firm echoed similar themes. He said Gemini ranks among the strongest AI systems available today. Years of development and vast data resources back the platform. Few competitors can match that foundation.

More searches now route through Gemini on mobile devices. This shift allows Alphabet to keep more profit in-house. Apple even pays for Gemini access, a deal that improves margins and frees up capital for reinvestment.

Distribution Advantage Creates Long-Term Moat

Gemini reaches more than five billion users across Alphabet’s product ecosystem. Levine sees this built-in distribution as an insurmountable lead. Most users stick with default applications on their devices.

This behavior pattern could cement Gemini as the go-to AI tool for phones and smart glasses. The analyst expects Gemini to gain even more ground in 2026.

Levine warned that OpenAI might face headwinds. Rising costs and slowing growth could force spending cuts next year. That might create turbulence for AI-focused stocks. But he thinks Alphabet can weather any storm.

Wall Street’s view of Alphabet has shifted dramatically. Currently, 84% of analysts covering the stock rate it a Buy. That’s up from 80% a year ago. The average Buy-rating ratio for S&P 500 stocks hovers around 55%.

The average analyst price target now sits at $332, jumping from $211 twelve months ago. Current targets value Alphabet at roughly 30 times estimated 2026 earnings. Last year, targets implied a multiple of just 20 times earnings.

Price-to-earnings ratios reflect both growth expectations and confidence in those projections. For Alphabet, confidence has grown substantially. Earnings estimates for 2026 have risen only about 10% over the past year. Yet the stock has climbed more than 80%.

Alphabet stock gained 0.4% in premarket trading to $318.88. The consensus rating on Wall Street stands at Strong Buy based on 29 Buy recommendations and seven Hold ratings.

The post Alphabet (GOOGL) Stock: Price Target Jumps as Analyst Says Company “Winning Everywhere” appeared first on Blockonomi.

TLDR

Victoria’s Secret sales jumped 9% to $1.5 billion in Q3, nearly double Wall Street’s 4.6% growth forecast

Net losses narrowed to $37 million from $56 million year-over-year, with adjusted earnings beating estimates by 32 cents

The October runway show generated 60 million views and 50 billion impressions, boosting both Victoria’s Secret and Pink brands

Full-year revenue guidance raised to $6.45-$6.48 billion, up from previous $6.33-$6.41 billion forecast

Pink brand showed strongest growth with low double-digit increases, with bigger intimates opportunity than initially expected

Victoria’s Secret delivered Q3 results that crushed Wall Street expectations. Revenue climbed 9% to $1.5 billion for the quarter ended November 1.

Analysts had predicted growth of just 4.6%. The beat nearly doubled expectations.

Victoria’s Secret & Co., $VSCO, Q3-25. Results:

Adj. EPS: -$0.27
Revenue: $1.47B
Net Loss: $37M
Raised full-year guidance after outperforming expectations on sales and earnings, driven by strong momentum across brands and channels. pic.twitter.com/acKnf9Cnve

— EarningsTime (@Earnings_Time) December 5, 2025

CEO Hillary Super credited the performance to her team’s focus on product, shopping experience, and creative marketing. Super joined Victoria’s Secret from Savage x Fenty in September 2024.

“It’s never one of those things,” Super said. “It’s always all those and I think it’s the power of all of those things together.”

The company gained market share across channels and regions. Customers reactivated, Super noted.

New market share gains came largely from off-price channels. This suggests the brand can attract shoppers beyond just value seekers with better marketing and product focus.

Bottom Line Shows Progress

Net losses narrowed to $37 million from $56 million a year earlier. That’s a $19 million improvement.

Adjusted earnings per share came in at 27 cents. Analysts had forecast a loss of 59 cents.

The 86-cent beat exceeded expectations by a wide margin. Adjusted operating income reached breakeven.

The company had forecast a loss of $35 million to $55 million. Last year’s Q3 posted a $28 million operating loss.

Gross margin expanded 170 basis points. The improvement came from reduced promotional activity and higher regular-priced selling.

Both the Victoria’s Secret namesake brand and Pink performed well. The main brand grew mid-single digits while Pink jumped low double digits.

Runway Show Delivers Results

The October livestreamed runway show proved to be a catalyst. The event generated over 60 million views and 50 billion impressions.

Victoria’s Secret returned to the runway in 2024 after several years away. The team learned from that first show and made improvements for 2025.

“The focus with Victoria’s Secret is really sharpening what sexy is today for us and what that feels like and the fashion show’s really the beginning of that journey,” Super said.

Pink emerged as the quarter’s star performer. Super said the brand has a bigger opportunity in intimates than she initially thought.

Adore Me, acquired for $400 million in early 2023, continues to develop. New management was recently installed at the brand.

The company raised its full-year revenue outlook to $6.45 billion to $6.48 billion. Previous guidance stood at $6.33 billion to $6.41 billion.

Analyst estimates were $6.39 billion. Adjusted earnings per share guidance increased to $2.40 to $2.65.

That’s up from prior guidance of $1.80 to $2.20. Analysts forecast $2.12.

The outlook includes a $90 million hit from new tariffs this year. CFO Scott Sekella said the company remains focused on managing costs while investing in product innovation, brand strength, and customer experience.

Super expressed confidence in the turnaround strategy. The team is seeing measurable results across every initiative.

Comparable sales increased 8% during the quarter. Revenue for Q4 is projected between $2.17 billion and $2.2 billion, with adjusted earnings per share of $2.20 to $2.45.

The post Victoria’s Secret (VSCO) Stock: Why Shares Jumped After Latest Earnings Report appeared first on Blockonomi.

TLDR

ARK Investment Management sold $9.1 million worth of Meta Platforms stock and $3.3 million in Tesla shares on December 4

Cathie Wood’s funds purchased $7.9 million in Trade Desk stock across ARKK and ARKW ETFs

ARK sold nearly $4 million in Iridium Communications shares, continuing a week-long selling pattern

The firm added $321,688 in ARK 21Shares Bitcoin ETF and increased positions in WeRide and Pure Storage

Portfolio moves suggest ARK is rotating out of mega-cap tech stocks into mid-cap growth opportunities

Cathie Wood’s ARK Investment Management made substantial portfolio changes on December 4, 2025. The firm sold major positions in Meta and Tesla while making a large investment in Trade Desk stock.

ARK dumped 14,211 Meta Platforms shares for approximately $9.1 million. The transaction split across two funds, with ARKK selling 11,056 shares and ARKW offloading 3,155 shares. This marked the highest dollar value sale of the trading day.

Tesla also faced reductions from ARK’s portfolio. The ARKW fund sold 7,478 Tesla shares, generating around $3.3 million. These sales follow a pattern of ARK trimming positions in both Magnificent 7 stocks over recent trading sessions.

Trade Desk Purchase Leads ARK’s Buying Activity

ARK’s biggest investment went to Trade Desk, purchasing 204,354 shares valued at $7.9 million. The ARKK fund bought 158,981 shares while ARKW added 45,373 shares to its holdings.

Trade Desk provides a programmatic advertising platform for digital marketers. The large purchase represents one of ARK’s most substantial single-day investments in advertising technology this month.

ARK also continued reducing its Iridium Communications holdings. The firm sold 231,395 shares across ARKK, ARKQ, and ARKX funds for nearly $4 million. The satellite communications company has seen consistent selling from ARK over the past week.

Crypto and Tech Positions Expanded

ARK boosted its cryptocurrency exposure through the ARK 21Shares Bitcoin ETF. The funds purchased 52,200 shares totaling $321,688, divided between ARKW and ARKF. This demonstrates ARK’s maintained interest in digital assets.

The autonomous driving sector gained ARK’s attention with a 42,377 share purchase of WeRide stock. The ARKQ fund spent $386,478 on the position. WeRide has received multiple purchases from ARK in recent days.

ARK expanded its data storage holdings by adding 28,409 Pure Storage shares through ARKW. The purchase cost approximately $2 million. Pure Storage specializes in flash storage and cloud data solutions.

GeneDx Holdings saw ARK buy 9,486 shares for $1.5 million. The genetic testing company’s shares were split between ARKK and ARKG funds. GeneDx offers diagnostic and genome sequencing services.

The December 4 trading activity shows ARK rotating capital from large-cap technology winners into smaller growth companies. Wood’s funds appear to be repositioning ahead of 2026 by taking profits from strong 2025 performers and investing in companies with different growth profiles.

The post Cathie Wood’s ARK Sells Meta and Tesla, Invests $7.9M in Trade Desk appeared first on Blockonomi.

TLDR

Cloudflare experienced control panel and API issues on December 5, 2025, affecting customer access

Popular services like Canva, QuillBot, and DownDetector went down due to the Cloudflare problems

The company implemented a fix and is currently monitoring the situation

This marks Cloudflare’s second outage in under two weeks following a November disruption

Cloudflare provides critical internet infrastructure including security and traffic management for websites

Cloudflare reported control panel and API problems on Friday morning, causing widespread service disruptions across the internet. The company posted about the issue on its status page at 09:07 GMT.

Just In: Due to Cloudflare outage, numerous cryptocurrency applications, including centralized exchanges like Coinbase and Kraken, as well as the user interfaces of many DeFi protocols, have experienced outages. pic.twitter.com/Sh2OmfuvEP

— Wu Blockchain (@WuBlockchain) December 5, 2025

Users trying to access the Cloudflare control panel or APIs encountered failed requests and error messages. The problems prevented customers from managing their services through the platform.

The outage had immediate effects on multiple popular online services. Canva, a widely-used graphic design tool, experienced downtime during the incident.

QuillBot, a writing assistance platform, also went offline. DownDetector, the service that tracks internet outages, was itself affected by the Cloudflare issues.

Services Begin Recovering After Fix

Cloudflare announced it had implemented a fix for the control panel and API problems. The company updated its status page to inform users about the solution.

The internet infrastructure provider is now in a monitoring phase. This allows them to verify the fix is working correctly across all affected systems.

Cloudflare operates critical infrastructure that many websites rely on daily. The company provides protection against cyberattacks and distributed denial of service attacks.

Their services also help websites handle high traffic volumes without crashing. This makes Cloudflare essential for businesses that depend on constant online availability.

Second Outage in Two Weeks

This disruption represents the second time Cloudflare has experienced problems in a two-week span. The previous outage occurred in November 2025 and impacted numerous online services.

The frequency of these incidents has drawn attention to how dependent modern internet services are on infrastructure providers. When Cloudflare experiences issues, the effects ripple across many unrelated platforms.

Canva serves millions of users who create graphics and presentations for work and personal projects. The platform’s downtime affected users worldwide who rely on it for their design needs.

Impact on Internet Infrastructure

QuillBot helps students, writers, and professionals improve their writing through paraphrasing and grammar tools. Users were unable to access these features during the outage.

The situation with DownDetector created an unusual problem for internet users. People trying to check if services were down could not access the site that reports such information.

Cloudflare has not provided specific details about what caused the control panel and API failures. The company focused its communication on implementing the fix and monitoring results.

No timeline has been given for when the monitoring phase will conclude. Users of affected services are watching for confirmation that all systems have returned to normal operation.

The company has not released information about how many customers were impacted by the outage. Cloudflare’s client base includes websites and services across multiple industries and regions.

The outage highlights the centralized nature of internet infrastructure and how problems at one provider can affect many unrelated services simultaneously. Cloudflare continues monitoring the implemented fix to ensure stable service restoration.

The post Cloudflare Outage Takes Down Coinbase, Kraken and Other Major Platforms appeared first on Blockonomi.