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Ethereum price today trades near $2,950, stabilizing after a sharp rejection from the $3,100 area earlier this week. The rebound follows a sweep into the $2,750 to $2,800 zone, where aggressive bids emerged and forced short-term sellers to step back. While the bounce offers near-term relief, Ethereum remains capped below key EMA resistance, keeping the broader structure under pressure heading into December 20.

ZKsync has announced plans to shut down its original ZK-rollup, ZKsync Lite, in 2026, marking the end of the network’s earliest production system and signaling a complete transition toward its newer stack. The team described the move as an organized phaseout of a framework that validated its early zero-knowledge work.

BitMEX co-founder and major crypto influencer Arthur Hayes is betting big on an imminent altcoin season. from Arkham Intelligence shows that wallets associated with Hayes have been significantly increasing their altcoin holdings, with a clear focus on Ethereum (ETH), Lido DAO (LDO), and Pendle (PENDLE).

Bitcoin has soared to a new all-time high of $123,250, gaining nearly 39% in the last three months and leading the broader crypto market higher. However, with the market now experiencing a slight pullback, it could be a smart time to look beyond Bitcoin and consider which altcoins are showing the most strength. Bitcoin and three altcoins that may be worth stacking during this dip.

The National Bank of Kazakhstan (NBK) just announced it’s studying the creation of a state crypto-reserve, possibly housed under a central bank affiliate. Reports suggest that it will adopt a sovereign-fund-style governance model, meaning transparency in accounting, secure custody, and sustainable allocation.

The latest US inflation numbers are out, and they’re better than expected. The Consumer Price Index (CPI), which shows how fast prices are rising, than many thought. After the news, stock and crypto markets saw a small jump, and interest rates dropped a little.