Crypto Market News Today, December 11: The Rise and Fall of Do Kwon as 15-Year Jailtime Sentenced, YouTube PayPal Stablecoin Payout, All While Bitcoin Price About to Pounce

Pi Crypto slid again, drifting under $0.21 even as the wider market found its footing. The sell pressure traces back to a fresh 2 Mn PI transfer from the Core Team’s reserve wallet; it’s the kind of movement that has repeatedly knocked the token off balance in past cycles.

On-chain data shows the latest transaction mirrors a September event, when the team moved 50 Mn PI, later sending multiple tranches to OKX exchange. The receiving wallet now holds under 48 Mn PI after routing another 3Mn tokens to the exchange this week. 

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How has Monero Crypto been doing so well throughout this whole bear market?

Although Zcash has been mooning, the entire privacy narrative, including Monero XMR $308.07 2.63% Monero XMR Price $308.07 2.63% /24h Volume in 24h $153.91M Price 7d Learn more is suddenly back at the center of crypto’s risk rotation, but for very different reasons.

Zcash ZEC $429.51 0.59% Zcash ZEC Price $429.51 0.59% /24h Volume in 24h $1.19B Price 7d Learn more has captured headlines with massive spot volume and violent intraday swings. XMR, meanwhile, is behaving like the asset institutions actually trust when the mood turns toward capital controls, surveillance tech, and tightening regulation.

$xmr breakout will be big pic.twitter.com/yoAhvkSiHQ

— KNIGHT (@cryptoknight890) December 11, 2025

Here’s what you need to know about privacy and XMR going into 2026.

My dad collected silver his whole life. Meanwhile, I became an XRP price maxi in 2020, and now I cry in the shower on most nights.

But there’s some good-ish news through the new XRP ETF.  XRP XRP $1.12 3.08% XRP XRP Price $1.12 3.08% /24h Volume in 24h $1.59B Price 7d Learn more is trading near $2.04 heading into the weekend, locked inside a tightening consolidation after a multi-week slide from July’s peak above $3.50.

21Shares rolled out its XRP ETF on Cboe BZX, ticker TOXR, hours after securing SEC approval. The product tracks the CME CF XRP benchmark and comes with a 0.3% fee, offering a clean, regulated path into XRP. So is this the “good-ish” news we’ve all been waiting for? Also, a new crypto presale is making huge waves.

Here’s what to know.

The Ethereum price is now hovering above the $ 3,200 range, and despite the choppy action, ETH USD has held up better than expected. We somehow feel that altseason is creeping in.

However, we are split in confidence; some of us see a real trend shift forming, others, though, think the market is baiting everyone before another dip.

Bulls, including me, notice the structure on higher timeframes that hasn’t changed much since the bounce off the 2700 zone. We can see a clear bullish divergence that has been building for weeks, and the current Ethereum price chart is simply coiling before it pushes through Valhalla.

But bears don’t buy it. They keep coming back to the same line. As long as ETH USD stays trapped under 3300–3250, the entire move looks like a fakeout. If that zone doesn’t break, they expect a slide toward 2800, maybe even faster than most people think. F bears.

$ETH Yesterday's move was a fakeout / deviation. As long as it stays below 3300-3250, i'm expecting 2800 in the upcoming weeks. pic.twitter.com/eEEiTuq9wr

— MarketWizard (@MarketWizard94) December 11, 2025

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The altcoin market has continued its rally this week, with major caps leading the way. SOL, HYPE, and AAVE are all up over +6% in the past 24 hours, while many others are up between +1% and +3%. However, Hedera appears to be lagging, with HBAR up just 0.2% on the day, trading at around $0.13.

HBAR is down -28% over the past 30 days, struggling to break out of its longstanding downtrend. It is down -77% from its all-time high of $0.56, reached in September 2021. The Hedera community is loyal, but even their commitment is being tested by the price action in 2025.

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