Key points:
Bitcoin is attempting to start a recovery, but higher levels are likely to attract sellers.

The weak bounce in several altcoins shows that the bears continue to exert pressure.

Bitcoin (BTC) rallied above $90,000 at the start of the new week, indicating that the bulls a

JPMorgan Chase is exploring cryptocurrency trading options for institutional clients amid rising interest and a favorable regulatory landscape, marking a shift in its stance on digital assets. This initiative aligns with similar moves by other banks like BPCE and BNY Mellon in the crypto sector.

Ether’s (ETH) price reclaimed the $3,000 level on Monday, a 16% rebound from the $2,620 multimonth low reached on Nov. 21. Market analysts pointed to key data metrics that suggest that ETH is “building up for breakout” to higher highs.
Key takeaways:
Ethereum whales accumulated aggressively

Ghana has legalized cryptocurrency trading through the Virtual Asset Service Providers Bill, allowing regulation by the Bank of Ghana. This aims to protect consumers, manage risks, and promote financial inclusion, positioning Ghana as a key player in the region's crypto economy.

Crypto investment products saw $952 million in outflows, marking the first red week in four, as investor sentiment took a hit due to delays to a key US crypto regulatory bill.
Crypto exchange-traded products (ETPs) recorded $952 million in outflows, led by $555 million for Ether (ETH) funds

A governance vote on Aave's brand assets sparked backlash from stakeholders due to unresolved discussions and accusations of a premature vote. Key figures criticized the process, highlighting concerns over governance norms and community participation.

The Hong Kong Insurance Authority is reportedly proposing to allow insurance capital allocation to cryptocurrencies and infrastructure projects.
Bloomberg reported on Monday that the city’s regulator started reviewing the risk-based capital regime to support the insurance industry and economic

Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price. 
Key takeaways:
Bitcoin is up 6.5% from recent lows, fueling "Santa Rally" hopes with targets up to $120,000. 

Short

Today in crypto: Uniswap’s fee switch is set to go live as a community vote is likely to pass, Jameson Lopp says Bitcoin migration to post-quantum could ‘easily’ take 10 years, and US lawmakers proposed a tax exemption for stablecoin payments of up to $200.
Uniswap fee switch to go live as communit