Miraljam

Aave DAO erzielte 140 Millionen Dollar im Jahr 2025, als der Vorschlag zur Markensteuerung in einer Abstimmung im Dezember scheiterte.
Stani Kulechov bestritt, kürzlich getätigte $AAVE buys zur Abstimmungsmacht angesichts von Governance-Bedenken genutzt zu haben.
Abstimmungsdaten zeigten konzentrierte Macht; die größten Inhaber kontrollierten 58% der gesamten Teilnahme.
Der Gründer von Aave sprach öffentlich über interne Governance-Spannungen, nachdem eine DAO-Abstimmung beendet wurde, die Rekordumsätze und umstrittene Token-Käufe offenbarte. Die Kommentare wurden auf X abgegeben, nachdem eine DAO-Abstimmung im Dezember einen Vorschlag zur Kontrolle von Markenvermögen abgelehnt hatte. Stani Kulechov erklärte, warum die Abstimmung gescheitert ist, wie die DAO in diesem Jahr 140 Millionen Dollar verdient hat und warum sein AAVE-Kauf die Abstimmung nicht beeinflusste.

Ethereum adoption grows as banks test tokenized assets and on-chain settlement models.
Institutional Ether holdings rise while tokenized treasuries and stablecoins expand.
Analysts split as bullish price targets clash with warnings of a possible bull trap.
Ethereum’s expanding role in institutional finance drew attention this week after comments on CNBC’s Power Lunch linked its future price to Wall Street’s push toward tokenized assets and on-chain settlement. Speaking on the program, Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Ether could reach between $7,000 and $9,000 by early 2026 as financial institutions adopt blockchain infrastructure.
He tied Ethereum’s investment case to its growing use as settlement and issuance technology for traditional markets. Lee said major firms want to tokenize assets, pointing to initiatives involving Robinhood and BlackRock. He said this shift aims to improve efficiency while anchoring real-world financial activity directly on Ethereum’s network.
Institutional Tokenization Push
Lee linked Ethereum’s outlook to its role as infrastructure rather than speculative technology. He said Wall Street aims to tokenize securities and settle trades on-chain, which could expand Ethereum’s long-term utility.
He added that deeper adoption could eventually support an Ether price near $20,000, though his near-term outlook focused on early 2026. The remarks came as tokenization efforts gain traction across traditional finance.
Institutional accumulation has also grown. BitMine Immersion Technologies, an Ether-focused treasury firm chaired by Lee, reported holdings of 4,066,062 $ETH , according to CoinGecko data. The disclosure reflects growing corporate exposure to Ethereum.
At the same time, tokenized real-world assets expanded sharply in 2025. The total market value reached approximately $18.9 billion, up from roughly $5.6 billion at the start of the year.
Tokenized Assets and Network Dominance
Data from RWA.xyz indicates that U.S. Treasury debt is the largest tokenized asset class at about $8.5 billion. Commodities followed with approximately $3.4 billion in value. Ethereum hosts most tokenized real-world assets on public blockchains. By late December 2025, the network supported more than $12 billion in tokenized assets, exceeding BNB Chain, Solana, and Arbitrum.
Ethereum also leads stablecoin issuance. Roughly $170 billion in stablecoins circulate on the network, reinforcing its position as the main settlement layer for dollar-based on-chain activity.
Institutional interest continued in December when Depository Trust & Clearing Corporation announced plans to tokenize a portion of U.S. Treasury securities. The effort will run through its Depository Trust Company subsidiary on the Canton Network.
DTCC subsidiaries processed about $3.7 quadrillion in securities transactions last year. The move signals confidence in blockchain-based settlement for core financial markets.
Related: Ethereum’s Growing State Threatens Long-Term Decentralization
Analyst Speculation: Diverging Price Outlooks
Lee also expressed confidence in Bitcoin, calling it a genuine store of value with a $200,000 target over the next year. He said recent underperformance versus gold reflects a temporary phase. Still, not all analysts share the bullish view on Ether. Benjamin Cowen said Ethereum may struggle if Bitcoin enters a sustained bear market.
Speaking on the Bankless podcast, Cowen said a Bitcoin downturn would likely limit Ethereum’s upside. He warned that a move above Ethereum’s $4,946 all-time high from August 2025 could become a bull trap.
Fundstrat Capital has also projected volatility ahead. The firm expects a meaningful drawdown in the first half of 2026, with Bitcoin potentially falling 35% to $60,000–$65,000 and Ether declining to $1,800–$2,000.
As Wall Street accelerates tokenization while analysts debate market cycles, one question remains: can Ethereum’s growing institutional role outweigh broader crypto market risks?
$BTC
$ETH

Bitcoin price remains locked in a tight range between $80,000 and $90,000 as liquidity builds on both sides, increasing the likelihood of a sharp breakout once the balance breaks.

Bitcoin ( $BTC ) price continues to trade in a clearly defined range, with price action compressing between high-time-frame support at $80,000 and high-time-frame resistance at $90,000. Despite multiple attempts to push higher, Bitcoin has failed to break through resistance, keeping the market in a state of balance.

This prolonged consolidation suggests that liquidity is building, a condition that often precedes a significant directional move.

Bitcoin price key technical points

Strong resistance cluster near $90,000, reinforced by multiple technical confluences.

Range support holds at $80,000, where resting liquidity remains untested.

Liquidity buildup increases breakout potential, though direction remains undecided.

Bitcoin’s current range-bound behavior is defined by a dense resistance confluence near $90,000. This zone combines the VWAP, a key daily resistance level, and the 0.618 Fibonacci retracement, creating a technically heavy area that has repeatedly rejected price. Such confluence zones often act as reversal points, particularly when price approaches them without strong volume or momentum.

Over the past several sessions, Bitcoin has tested this resistance region multiple times, only to be rejected on each attempt. These failures indicate that sellers remain active at higher levels and that buyers have yet to demonstrate the conviction needed to push price into a higher value area. As a result, price continues to rotate lower after each rejection, reinforcing the broader consolidation structure.

Below current price, a series of swing lows has formed, creating pockets of resting liquidity. Resting liquidity refers to areas where stop orders and unfilled orders remain, often acting as magnets for price. In Bitcoin’s case, much of this liquidity sits closer to the $80,000 support level, which has not yet been fully tested during the current range.

This imbalance between heavy resistance overhead and relatively untapped liquidity below increases the probability of a rotation back toward range support. Markets often move toward areas where liquidity is concentrated, particularly when attempts to break resistance fail repeatedly. A move toward $80,000 would allow Bitcoin to clear this resting liquidity and maintain the integrity of the broader range.

From a market auction perspective, Bitcoin is currently in a state of balance. Buyers and sellers are largely matched, resulting in sideways price action rather than directional movement. This balance, however, is unlikely to persist indefinitely, especially as Bitcoin bulls face a critical test through Lugano’s real-world payments push, while price continues to compress within the range, volatility contracts, and pressure builds.

Importantly, range-bound conditions often lead to false breakouts before a sustained move develops. Short-term breakouts above or below resistance may occur as liquidity is tested, but without follow-through and acceptance, these moves can quickly reverse. This dynamic is common in mature consolidation phases where market participants are positioned on both sides of the range.

A decisive breakout will require acceptance outside of the range. On the upside, this would mean Bitcoin reclaiming and holding above the $90,000 resistance zone on a closing basis, supported by strong volume. Such a move would indicate that buyers have absorbed sell-side pressure and that price is ready to explore higher levels.

On the downside, a clean break below $80,000 would signal acceptance at lower prices and likely accelerate selling as resting liquidity is taken out. Until one of these scenarios unfolds, Bitcoin’s price action is expected to remain rotational.

What to expect in the coming price action

Bitcoin is likely to remain range-bound between $80,000 and $90,000 as long as resistance holds and support remains intact. Continued liquidity buildup increases the probability of a breakout, but traders should remain cautious of short-term false moves until price establishes acceptance beyond the current range.

Most traders don’t lose because they’re stupid.
They lose because they repeat the same invisible mistakes—over and over—until the market teaches them a painful lesson.

I’ve paid those fees. Expensive ones.
Not just in money, but in time, confidence, and missed opportunities.

This article isn’t theory.
It’s a distilled set of real trading lessons learned the hard way, so you can skip the scars and move faster toward consistency.

If you want to survive—and actually thrive—in crypto, read this carefully.

➤ Lesson ①: Being Right Means Nothing Without Risk Management

You can predict direction correctly and still blow your account.

✔︎ Over-leveraging
✔︎ No stop-loss
✔︎ “It will come back” mindset

All of these turn good analysis into bad outcomes.

Rule:
➜ Risk small. Stay alive. Compounding only works if you survive long enough.

➤ Lesson ②: The Market Doesn’t Care About Your Opinion

The moment you say “This coin is undervalued”, you’ve already lost objectivity.

◆ Price is truth
◆ Charts don’t lie—egos do

I learned to stop arguing with the market and start listening to it.

Rule:
➜ Trade what you see, not what you believe.

➤ Lesson ③: Overtrading Is a Silent Account Killer

More trades ≠ more profit.

✔︎ Boredom trades
✔︎ Revenge trades
✔︎ Forcing setups

Most losses came not from bad setups—but from unnecessary trades.

Rule:
➜ Fewer trades. Higher quality. Clear conditions only.

➤ Lesson ④: Emotions Are More Dangerous Than Bad Analysis

Fear exits good trades early.
Greed keeps bad trades open too long.

I realized something critical:
Your psychology is your real strategy.

◆ If you can’t follow your plan, the plan doesn’t matter.

Rule:
➜ If emotions control execution, no strategy will save you.

➤ Lesson ⑤: Consistency Beats One Big Win

I chased home runs.
The market punished me for it.

What actually worked?

✔︎ Small, repeatable edges
✔︎ Same setup, again and again
✔︎ Boring discipline

Rule:
➜ Professionals aim for consistency. Gamblers aim for excitement.

➤ Lesson ⑥: Learning Never Stops in Crypto

The market evolves.
Strategies decay.
What worked last cycle may fail in the next.

◆ Adaptation > prediction

Rule:
➜ Stay a student, or the market will humble you.

Crypto trading isn’t about intelligence—it’s about discipline, patience, and self-awareness.

The hard lessons cost me money.
You don’t have to pay the same price.

If this saved you even one bad trade, it was worth writing.

➤ If you found value here, comment your biggest trading lesson and share this with someone who’s still learning the hard way.

$BTC $ETH $XRP

The Extension v2.68 breach led to $7M in losses across BTC, Solana, and EVM due to seed theft.
Researchers flagged 4482.js code and a suspicious domain, raising supply-chain concerns.
Trust Wallet pushed a v2.69 fix, urged users to disable the extension, and pledged compensation.
Trust Wallet confirmed a security breach tied to its browser extension, leading to widespread unauthorized crypto outflows. The incident affected users who installed version 2.68 shortly before Christmas, according to Trust Wallet statements on X. Hackers exploited the update, extracted seed phrases, and drained around $7 million across Bitcoin, Solana, and EVM networks.
We’ve identified a security incident affecting Trust Wallet Browser Extension version 2.68 only. Users with Browser Extension 2.68 should disable and upgrade to 2.69.

Please refer to the official Chrome Webstore link here: https://t.co/V3vMq31TKb

Please note: Mobile-only users…
— Trust Wallet (@TrustWallet) December 25, 2025
Notably, the breach did not affect mobile-only users or other extension versions, the company said. However, the timing, scale, and speed of losses intensified concern across the self-custody community.
Extension Update Linked to Fast Wallet Drains
Trust Wallet released a browser extension update on December 24 through standard browser distribution channels. Soon after, users reported missing funds, with transactions occurring within minutes of wallet access. Several victims stated drains followed immediately after importing seed phrases into the extension.
Notably, on-chain investigator ZachXBT issued an after receiving multiple independent user reports. He later stated that hundreds of wallets were affected, with initial losses exceeding $6 million. Subsequent tracking showed funds moving through multiple receiving addresses, according to Arkham data.
Meanwhile, affected blockchains included Bitcoin, Solana, and several EVM-compatible networks. This multi-chain impact suggested a wallet-level compromise rather than a single protocol exploit. As reports spread on X and Telegram, scrutiny quickly shifted toward the extension update itself.
Code Analysis Raises Supply-Chain Concerns
Following the s, independent researchers examined the extension’s updated codebase. According to shared analyses, a JavaScript file, identified as 4482.js, contained newly added logic. Researchers alleged the code was activated during seed phrase imports.
Notably, the code appeared to transmit data to a domain labeled metrics-trustwallet[.]com. Community researchers observed that the domain was registered only days earlier, then went offline. However, these findings came from third-party analysis, not an official audit.
Meanwhile, Trust Wallet acknowledged a “security incident” affecting browser extension version 2.68 only. The company advised users to disable the extension immediately and upgrade to version 2.69. Trust Wallet stated that the update fixed the issue and urged users to download only from official stores.
Related:Hyperliquid Says Former Employee Was Behind HYPE Shorting
User Impact, Response, and Ongoing Investigation
Several users publicly detailed losses during the Christmas holiday. One user reported losing over $300,000 within a four-minute window after returning from Christmas. Others claimed losses ranging from thousands to hundreds of thousands of dollars.
Trust Wallet stated its support team contacted affected users regarding the next steps. Additionally, Binance founder Changpeng Zhao confirmed Trust Wallet would cover verified losses. “So far, $7m affected by this hack,” Zhao wrote, adding that user funds remain SAFU.
Notably, Zhao owns Trust Wallet, which Binance acquired in 2018. The company did not name the attacker and said the incident was caused by an issue involving a third party. Investigations are still ongoing as researchers track the remaining funds and impacted wallets.
The incident happened during a wider increase in crypto thefts throughout 2025. According to Chainalysis estimates, crypto theft exceeded $3.41 billion year-to-date. The Trust Wallet breach added to growing concerns around browser-based wallet security.
Trust Wallet reiterated that mobile users remained unaffected throughout the incident. The company continued posting updates as investigations progressed. Meanwhile, users were urged to avoid importing seed phrases into browser extensions.
The Trust Wallet browser extension breach happened after a December 24 update, which led to wallets being drained quickly. Investigators tied losses of around $7 million to version 2.68, impacting users on Bitcoin, Solana, and EVM networks. Trust Wallet released fixes, confirmed plans to compensate affected users, and is still working with those impacted.
$BTC
$SOL
$TWT

Bitcoin’s Quiet Finish Could Be Its Strongest Signal Yet
Compressed Volatility May Reduce Crash Risk in Early 2026
Bitcoin’s failure to deliver an explosive year-end rally in 2025 may actually be setting the stage for a more stable future. According to prominent investor and entrepreneur Anthony Pompliano, the lack of extreme price action and compressed volatility could help Bitcoin avoid a major crash in Q1 2026. Speaking to CNBC on Tuesday, Pompliano argued that slower, steadier price behavior often leads to healthier market structures.
Historically, Bitcoin has been prone to sharp boom-and-bust cycles, particularly after euphoric rallies. Explosive upside moves tend to attract excessive leverage, speculative excess, and weak hands entering the market late. When sentiment shifts, these conditions can accelerate violent drawdowns. Pompliano suggests that Bitcoin’s current restraint may be preventing those excesses from building in the first place.
A Market Maturing Beyond Hype Cycles
Bitcoin’s compressed volatility also signals a maturing asset class. As institutional participation increases and liquidity deepens, price movements naturally become less erratic. Large capital allocators, such as asset managers and corporate treasuries, prefer stability over parabolic runs. Their growing presence may be dampening extreme swings while strengthening long-term support levels.
Rather than viewing the absence of a year-end surge as weakness, some analysts see it as consolidation. Sideways price action allows the market to absorb supply, reset leverage, and establish stronger technical foundations. This environment often precedes more sustainable trends instead of short-lived spikes.
What This Means for 2026 Outlook
If Pompliano’s thesis holds, Bitcoin could enter 2026 with lower systemic risk than in past cycles. Reduced volatility may limit downside shocks, especially during macro uncertainty or policy shifts. While this doesn’t eliminate corrections entirely, it lowers the probability of a sudden, cascading crash.
For investors, the takeaway is clear: Bitcoin doesn’t need fireworks to remain bullish. Sometimes, stability itself is the signal. A calm market may be quietly building resilience—positioning Bitcoin for steadier growth rather than another painful reset in the months ahead.