Altcoin

Terra Classic (LUNC) and Terra 2.0 (LUNA) tokens posted significant gains, ranking among top performers, even as U.S. prosecutors recommended a 12-year prison sentence for Terra founder Do Kwon for his role in the ecosystem’s collapse.

S&P and HSBC have issued new warnings about Tether (USDT), the world’s largest stablecoin. They cite concerns over the quality and liquidity of its reserves, raising the risk of a potential de-pegging event that could impact the entire crypto market.

In the latest AltCryptoCast episode, hosts admit to selling mistakes but share an optimistic outlook for recovery with new strategies and positions.

Zcash (ZEC) is experiencing a massive price surge, driven by renewed interest in privacy, corporate adoption, potential ETF approval, and new exchange listings on Bitget and OKX.

Chainlink’s LINK token saw a significant price increase following the launch of Grayscale’s new spot ETF, which provides investors with regulated exposure to the cryptocurrency. The fund attracted millions in inflows on its first day, signaling growing institutional interest in infrastructure tokens.

Crypto exchange OKX has launched a digital advent calendar for December, offering daily rewards to users in the Netherlands. Participants can open a new door each day until Christmas to claim various crypto prizes.

After months of decline, the Sui cryptocurrency has jumped over 30% in 24 hours, fueled by its new listing on Coinbase in New York and a shift in its market structure, signaling a potential trend reversal.

The BOB token doubled in price after being listed on the South Korean exchange Bithumb, but analysts warn of a potential ‘buy the rumor, sell the news’ scenario.

As the broader cryptocurrency market experiences sharp declines, large investors are aggressively buying unexpected tokens like Pippin and Fartcoin, while accumulating Uniswap despite its price drop.

Arthur Hayes, BitMEX founder, predicts that most Layer-1 blockchains will fail, leaving only Ethereum and Solana as viable networks. He also forecasts the continuation of the bull market, driven by U.S. political factors, and a new trend towards privacy-focused cryptocurrencies in the coming year.