ETH Whales Drive 24-Hour On-Chain Shifts: Longs Slashed to 1 ETH, $18.56M Lost; AAVE and 1INCH Accumulate Holdings

PANews reported on December 7th that Huobi and HTX will jointly launch NIGHT/USDT spot trading on December 9th. NIGHT deposits will be available soon. Simultaneously, Huobi leverage will add isolated margin trading for NIGHT/USDT (10X). Midnight is reportedly a next-generation blockchain, and $NIGHT is a popular coin within the ADA ecosystem. It utilizes zero-knowledge proof technology to provide practicality without compromising data protection or ownership, thereby enabling applications that can safeguard user, business, and transaction data and metadata.

The post Can Bulls Defend the $2 Mark? appeared on BitcoinEthereumNews.com. The crypto market is holding its breath as the Federal Reserve is widely expected to announce another rate cut next week. With an 86% probability of a 25-basis-point reduction, the move signals a shift in monetary policy—one that could ripple through traditional and digital markets alike. For XRP price, this decision comes at a critical juncture. The token is consolidating near the $2 mark, showing early signs of compression that could lead to a decisive breakout or breakdown. How the Fed’s Decision Could Influence XRP Price Prediction When the Fed lowers interest rates, liquidity usually flows toward higher-risk assets like cryptocurrencies. Investors see reduced borrowing costs as a green light to move capital away from bonds and into speculative sectors. In the short term, this could boost demand across the crypto market, especially for large-cap coins like XRP that have historically tracked broad market sentiment. However, this policy shift isn’t without risk. If the rate cut sparks fears of inflation, the dollar might weaken temporarily, boosting crypto prices, but an overheated market could later face correction once inflation pressures resurface. In essence, XRP’s near-term rally potential depends not only on the cut itself but on how investors interpret the Fed’s broader tone—whether it signals a short-term stimulus or a sustained dovish stance. Technical Analysis: XRP Price Faces a Tight Squeeze XRP/USD Daily chart- TradingView The XRP price daily chart shows price holding just above the $2.04 zone, hugging the lower Bollinger Band range. The bands have tightened, signaling a phase of volatility contraction. Historically, such setups precede large directional moves. The middle band (SMA 20) around $2.11 acts as immediate resistance, while the upper band near $2.28 defines the ceiling for bullish expansion. The Heikin Ashi candles show mild indecision—smaller bodies and wicks on both sides—hinting at market hesitation. A…

The post Aave V4 roadmap signals end of multichain sprawl appeared on BitcoinEthereumNews.com. Aave Labs has released its official launch roadmap for V4, laying out the final steps ahead of the major upgrade’s Q4 mainnet launch.  Alongside new architectural and security improvements, the roadmap introduces a fundamental shift in how user balances are tracked and highlights a strategic pullback from economically underperforming deployments across layer-2 and alternative layer-1 networks. The V4 release moves away from aTokens’ rebasing-style mechanics toward ERC-4626-style share accounting, a change that promises cleaner integrations, easier tax treatment, and better compatibility with downstream DeFi infrastructure.  In a recent technical development update, Aave Labs confirmed that “tokenization is to remain optional and built using ERC 4626 vaults,” and that internal accounting will eliminate the use of exchange rates or scaled balances. The goal is to “further improve the overall reliability of the protocol.” ERC-4626 is a widely adopted Ethereum standard that expresses user deposits as shares of a vault rather than balances that grow over time. In Aave V3, aTokens accrue interest by increasing a user’s balance directly — behavior that resembles rebasing tokens and often confuses integrations and portfolio accounting tools.  By contrast, ERC-4626 tracks yield through a rising price-per-share metric, leaving token balances unchanged. The result is more predictable behavior for integrators, auditors and tax software, as well as a clearer cost basis for users. The roadmap also outlines a series of release milestones, including a formal codebase publication, a public testnet launch with a redesigned interface, and the completion of a multi-layered security review involving formal verification and manual audits. Aave Labs said the roadmap reflects the protocol’s “final stages of review, testing, and deployment,” and that additional documentation and launch preparation materials will be released in the coming weeks. But the most pointed strategic shift comes not from the codebase, but from Aave’s own governance forums. “Aave…