Ether risks a deeper sell-off toward $2,500–$2,200 as MVRV support weakens and a bearish pennant threatens to break lower. Ethereum’s native token, Ether (ETH), extended its downturn into December after falling roughly 30% over the past three months, raising worries about how much further the sell-off could run by year’s end. Key takeaways: ETH could slide toward $2,500–$2,200 if MVRV support and the pennant break down. Read more
Concordium has added ID checks to stablecoin payments, enabling AI systems to purchase restricted goods and services online. Update (Dec. 2, 16:20 UTC): This article has been updated to clarify that x402 was initially incubated by Coinbase and is not owned by the exchange. Concordium’s identity and age-verification system has added support for x402 in a move aimed at enabling AI agents to make automated stablecoin payments. Announced Tuesday, the integration is designed to allow AI-powered applications to pay for goods and services that require identity verification, including travel bookings, online content, video games and other age-restricted services. Read more