Ethereum Stalls Below $3K as Long-Term Holders Cash Out

Published at 2025-12-02 14:32:58

Ethereum recorded a sharp 6% decline over the last 24 hours on Tuesday, Dec. 2, 2025, slipping back below the key $3,000 threshold as long-term holders took profits. The coordinated selling from older wallets interrupted a recent run higher, leaving traders to reassess short-term positioning and liquidity around the psychological $3K mark.

The move matters because $3,000 has behaved as both resistance and support during recent rallies; failing to reclaim it quickly could cool demand across altcoins and increase volatility. Market watchers say on-chain flows and macro headlines will determine whether this is a temporary pullback or the start of a deeper correction, while traders monitor whether long-term holders shift from profit-taking to accumulation in the coming days.

EthereumCryptoMarketPrice ActionInvestors

Share on:

Binance plans to secure five additional operational licenses across the Asia-Pacific by the end of 2026, intensifying its regional expansion and regulatory engagement. The move follows the exchange's broader strategy to normalize local operations and grow product access.

RegulationLicensingBinanceAsiaCrypto

Published at 2026-03-04 08:00:10

AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

AIPolicyStudyPaymentsBitcoinStablecoinsCrypto

Published at 2026-03-04 04:00:46

Corporates and Exchanges Flock to Ethereum Staking Over Selling

Analysts report large investors, including corporates and exchanges, are increasingly staking ETH to earn yield rather than keeping it liquid to sell into price rallies. The shift could tighten available supply and create a more supportive backdrop for ETH prices.

ExchangesStakingInstitutionsYieldEthereum

Published at 2026-03-04 03:30:21

Trump Urges Banks to Back GENIUS Act, Calls Weakening 'Unacceptable'

Donald Trump urged banking groups on March 3 to “strike a favorable deal” with the crypto industry and warned any effort to weaken the GENIUS Act is “unacceptable.” His intervention raises political pressure as lawmakers negotiate the stalled bill.

CryptoTrumpRegulationBanksLegislation

Published at 2026-03-04 01:30:55

Vitalik: Ethereum Not the Right Tool to Solve Global Problems

Ethereum co-founder Vitalik Buterin called the network a “wrong-shaped tool” for directly addressing major global issues, saying many problems require institutional and political solutions rather than on-chain fixes. His comments could shift developer and investor focus toward infrastructure, scaling and pragmatic use cases.