The post PIPPIN rallies 59% as whales pour in $19M – What’s next? appeared on BitcoinEthereumNews.com. Over the past day, pippin [PIPPIN] has rallied 59%, at press time, after weeks of quiet accumulation across the memecoin sector. Its market cap jumped 33%, rising to $233.53 million from a low near $22 million on the 21st of November, breaking through previous ranges with steady momentum. Traders are rotating back into mid‑caps, with PIPPIN delivering one of the strongest recoveries in the sector. Source: TradingView The daily timeframe confirms the shift, with the memecoin chart fully reclaiming long‑term resistance zones. Momentum candles now extend into levels not seen since earlier this year, giving the current rally significant weight. Whales add $19M as retail volume jumps According to data from BubbleMaps, 50 connected wallets bought $19 million in PIPPIN through synchronized entries. HTX funded these addresses within narrow windows, received similar amounts of Solana [SOL], and showed almost no prior on-chain footprint. This pattern points to a coordinated buildup rather than isolated trading activity. Source: Bubblemaps On the 2nd of December, BubbleMaps flagged additional activity, revealing 26 addresses that withdrew 44% of all PIPPIN from Gate over the past two months, a total worth $96 million. Source: Bubblemaps Notably, most withdrawals hit on the 24th of October, the 23rd of November, and the majority came from newly funded wallets. Heavy accumulation on centralized exchanges followed by structured withdrawals often signals strong conviction from well-capitalized players. Decoding on-chain factors CoinGlass data shows retail traders entering aggressively, with volume surging past $49 million and Open Interest (OI) rising over 38%, at press time, reinforcing each breakout attempt. Meanwhile, market cap keeps climbing as liquidity deepens with every push. Source: CoinGlass Retail traders and whales are now moving in sync, turning the trend from a brief rebound into a more controlled advance.  Buyers remain aggressive, with both spot and leveraged flows adding… The post PIPPIN rallies 59% as whales pour in $19M – What’s next? appeared on BitcoinEthereumNews.com. Over the past day, pippin [PIPPIN] has rallied 59%, at press time, after weeks of quiet accumulation across the memecoin sector. Its market cap jumped 33%, rising to $233.53 million from a low near $22 million on the 21st of November, breaking through previous ranges with steady momentum. Traders are rotating back into mid‑caps, with PIPPIN delivering one of the strongest recoveries in the sector. Source: TradingView The daily timeframe confirms the shift, with the memecoin chart fully reclaiming long‑term resistance zones. Momentum candles now extend into levels not seen since earlier this year, giving the current rally significant weight. Whales add $19M as retail volume jumps According to data from BubbleMaps, 50 connected wallets bought $19 million in PIPPIN through synchronized entries. HTX funded these addresses within narrow windows, received similar amounts of Solana [SOL], and showed almost no prior on-chain footprint. This pattern points to a coordinated buildup rather than isolated trading activity. Source: Bubblemaps On the 2nd of December, BubbleMaps flagged additional activity, revealing 26 addresses that withdrew 44% of all PIPPIN from Gate over the past two months, a total worth $96 million. Source: Bubblemaps Notably, most withdrawals hit on the 24th of October, the 23rd of November, and the majority came from newly funded wallets. Heavy accumulation on centralized exchanges followed by structured withdrawals often signals strong conviction from well-capitalized players. Decoding on-chain factors CoinGlass data shows retail traders entering aggressively, with volume surging past $49 million and Open Interest (OI) rising over 38%, at press time, reinforcing each breakout attempt. Meanwhile, market cap keeps climbing as liquidity deepens with every push. Source: CoinGlass Retail traders and whales are now moving in sync, turning the trend from a brief rebound into a more controlled advance.  Buyers remain aggressive, with both spot and leveraged flows adding…

                                                                               Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region.                     The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more