New Fed Chair Candidate's Economic Impact: How 2026 Dovish Policy Drives Crypto Super Bull (Trader Deep Analysis)

The post Is PENGU Ready for Another Bull Run? appeared on BitcoinEthereumNews.com. Key Insights: PENGU’s trading volume dropped from $6B in July to $315M by early December. Over $50M in long positions were liquidated in October, deepening the token’s price decline. Current price rebound and chart patterns mirror April’s rally, suggesting potential for another breakout. History Suggests Big Gains Ahead: Is PENGU Ready for Another Bull Run? The PENGU token has experienced a sharp drop in value since its mid-July peak, yet recent trading data suggests a possible change in trend. The price dropped from above $0.045 to nearly $0.01 by early December. The current recovery, while still limited, reflects a similar phase that preceded the token’s surge. This has led some to monitor closely for signs of a repeat performance. Trading Activity Slows After Mid-Year Peak After reaching daily trading volumes above $6 billion in July, PENGU saw activity decline throughout the following months. By early December, its 24-hour trading volume had dropped to $315 million. The decrease in volume aligned with a falling price, suggesting a drop in buying interest. Trading Volume | Source: CoinGlass Alongside this, open interest declined sharply from over $600 million to less than $100 million, showing that fewer traders were holding positions. This decline in both metrics continued through November. This trend points to reduced engagement from traders who may have exited positions or shifted their focus to other assets. The weakened metrics suggested that speculative interest in the token had faded by the end of November. Open Interest | Source: CoinGlass Liquidation Events Added Pressure on Price While trading volume and interest fell steadily, a major event in late October further affected the token’s value. At that time, over $50 million in long positions were liquidated. This event led to a wave of forced selling, which accelerated the price decline.  Such liquidations typically happen…

PANews reported on December 10th that the "Red Bull Year-End Sprint," a major annual event launched by Gate and the Red Bull F1 team, officially opened for registration on December 10th at 16:00 (UTC+8). The competition will run until January 9th, 2026 at 16:00 (UTC+8). As the final chapter of the Red Bull Trading Circuit, this event offers users even greater rewards and more engaging gameplay, with zero entry barriers. The total prize pool for this event is reportedly up to 50,000 GT, dynamically unlocked based on the total trading volume of all participating users. The event encompasses contract and spot trading, profit rankings, and task challenges, catering to participants of varying strategies and skill levels. Spot trading enjoys a 1.5x bonus on trading volume. The total prize pool will be distributed 70% to the Champion Driver Trading Ranking, the Champion Driver Profit Ranking, and the Bounty Driver Ranking, respectively. Both the Champion Driver Trading Ranking and the Champion Driver Profit Ranking will be settled weekly, offering a more dynamic and user-friendly experience for new users, with weekly participation providing a chance to win rewards.

The post Is Bitcoin’s Recovery Fake, or Has the ‘Crypto Winter’ Really Begun? JPMorgan Reveals! appeared on BitcoinEthereumNews.com. Although Bitcoin has seen a recent recovery, the sharp declines in October and November have revived talk of a bear market and a crypto winter. While some analysts suggest the bear market has begun and declines may continue, the prevailing view in the market is that the bull market will continue. At this point, the latest assessment came from US banking giant JPMorgan. JPMorgan said it’s too early to declare a crypto winter and that despite recent market downturns, a rise in cryptocurrencies is still possible. Analysts, noting that the upside potential in Bitcoin and cryptocurrencies still continues, described the correction as short-term and stated that the likelihood of a crypto winter is low. “Concerns have increased as Bitcoin fell to $81,000 last month, but this correction is not a harbinger of a long-term recession, just a significant drop.” The report stated that Bitcoin closed November down 9% compared to January, meaning that BTC recorded a negative annual return for the first time since May 2023. JPMorgan also added that crypto prices surged rapidly shortly after President Donald Trump’s re-election, which exacerbated the correction. However, according to the bank, even though the crypto market capitalization has decreased by 20% or more and trading volume has slowed, stablecoin trading volume has increased for 17 consecutive months, demonstrating that the market base remains solid. JPMorgan maintained a positive outlook on the market, concluding that the recent correction did not signify a structural collapse. JPMorgan is not alone in this prediction. Other major institutions have expressed similar views. Jeffrey Kendrick, head of digital assets at Standard Chartered, also stated that the current cycle is different from the past, suggesting that crypto winters may be a thing of the past. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive…