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Top 5 Altcoins Dominating The Weekend Relief Rally While Bitcoin Reclaims $70K Key points: Bitcoin reclaimed the $70,000 level on Sunday, helping spark a short-term relief rally across several major altcoins. Aster led weekend gains, while Sun, Nexo, LEO, and Hedera posted mid-single-digit advances. Retail sentiment improved across most top-performing tokens, with Stockwits chatter rising sharply after the weekend rebound. As Bitcoin (BTC) reclaimed $70,000 on the wee hours of Sunday, the crypto market saw a slight relief after a volatile week. In the broader altcoin market, Bitcoin’s relief has rolled over to five altcoins that have emerged as top gainers over the weekend. Aster (ASTER), Sun (SUN), Nexo (NEXO), UNUS SED LEO (LEO), and Hedera (HBAR) were among the strongest performers over the past 24 hours, according to market data. Top Altcoins Lead Weekend Gains Aster (ASTER) led the group, while several other tokens posted mid-single-digit gains as buyers stepped back in. Aster (ASTER) was trading at $0.63, up 13.8% over the past 24 hours and 14.8% over the past week. The token carried a market capitalization of about $1.54 billion, making it the top performer among major gainers during the weekend rebound. On Stockwits, the retail sentiment around ASTER moved from ‘bearish’ to ‘extremely bullish’ territory, as chatter levels around it improved from ‘low’ to ‘extremely high’ over the past day. Sun (SUN) also moved higher, though with a more measured pace. The token traded near $0.01, rising 7.8% over the past day and about 0.7% over the past week. Unlike Aster’s sharp breakout, Sun’s move appeared to track the broader market recovery rather than a single surge in momentum. On Stockwits, the retail sentiment around SUN remained in the ‘neutral’ territory, as chatter levels improved from ‘high’ to ‘extremely high’ over the past day. Nexo (NEXO) rebounded over the weekend as buying returned after a weak start to the week. The token traded near $0.81, up 6.1% over the past 24 hours, though it remained slightly lower on a seven-day basis. Nexo’s market capitalization stood at around $816 million. On Stockwits, retail sentiment around the token remained in the ‘neutral’ territory, as the chatter levels around it remained ‘high’ over the past day. UNUS SED LEO (LEO) also moved higher, though it lagged some smaller tokens. LEO traded at about $8.27, rising nearly 6.1% over the past day. Despite the rebound, the token remained down by 4.4% over the past week, reflecting continued pressure after last week’s selloff. With a market capitalization of roughly $7.7 billion. On Stockwits, retail sentiment around the LEO remained in the ‘neutral’ territory, as the chatter levels around it remained ‘high’ over the past day. Finally, Hedera (HBAR) tracked the broader recovery as market prices steadied. The token was trading around $0.09, up just over 6.1% in the past 24 hours and extending modest gains over the week. Hedera’s market capitalization was about $4.0 billion, and its performance reflected a steady rebound. On Stockwits, retail sentiment around HBAR remained in the ‘bullish’ territory, as the chatter levels around it remained ‘high’ over the past day. Why Some Investors Say Bitcoin Is Still Undervalued Many market analysts, like Raoul Pal, cited a recovery in the U.S. M2 money supply, which is currently close to $22.7 trillion and up roughly 5% year over year, as well as a weaker dollar index at 97.8, as macro indicators that Bitcoin remains undervalued relative to overall liquidity conditions. According to the CEO of Real Vision, these patterns indicate that Bitcoin should be trading closer to $140,000 by now. Venture capitalist Tim Draper echoed the bullish outlook, reiterating long-term price targets that extend well beyond near-term cycles. Draper, who acquired 30,000 BTC at the U.S. Marshals auction in 2014, said Bitcoin could reach $250,000 in the near term, then climb toward $1 million and, eventually, $10 million as fiat currencies lose purchasing power over time. $BTC $ETH $SOL

Crypto market crashes as Fear and Greed Index hits 18: Time to buy? The crypto market crash continued on Monday, with Bitcoin and most altcoins being in the red. Bitcoin price dropped to $75,000 while the market capitalization of all coins dropped by 4.4% in the last 24 hours to $2.55 trillion. Most altcoins were in the red, with the top laggards being tokens like River, Monero, Ethereum, Nexo, Chainlink, and Kaspa. Ethereum dropped by 10% in the last 24 hours, moving to a low of $2,200. Crypto market crashed as Fear and Greed Index fell  The ongoing crypto market crash happened as the Fear and Greed Index moved to the extreme fear zone of 15, the lowest level in over a month. The rising fear is happening as many investors capitulate and start selling as the industry continues to underperform the market. For example, spot Bitcoin and Ethereum ETFs shed assets in January, continuing a trend that has been going on for months. Data shows that the 24-hour liquidations stood at over $735 million, while the open interest dropped by 5% to over $108 billion. Falling open interest is a sign that investors are not using as much leverage as they did in the past. At the same time, the elevated liquidations are happening as exchanges shut leveraged trades after hitting their margin levels. Ethereum positions worth over $272 million were shut, while Bitcoin positions worth $249 million were closed.  Kevin Warsh and Iran tensions There are two broad reasons why the crypto crash is happening this year. For example, Donald Trump nominated Kevin Warsh to become the next Federal Reserve Chair.  Historically, Warsh has always been a hawk who has opposed quantitative easing and criticized the Fed for cutting interest rates too early. Therefore, while Trump promised a Fed Chair who would cut interest rates to 1, chances are that Warsh will not do that.  Risk of a war in the Middle East The other key reason behind the ongoing crypto market crash is the ongoing fears of a war in the Middle East. Iranian leaders warned that there will be a regional war if the United States attacked, which explains why Brent and West Texas Intermediate (WTI) have retreated. Donald Trump, on the other hand, has continued to accumulate an armada in the region. He is also under pressure from hawks like Lindsey Graham, Mike Pompeo, and Mark Levin, whom he watches all the time on Fox News. These neocons have convinced Trump that the only way to deal with Iran is to topple the regime. Therefore, the crypto market crash happened because Bitcoin and other altcoins are not safe havens.  Bitcoin price technicals points to more downside $BTC $ETH $TRX

Nexo signs multi-year deal with Tennis Australia Becomes official crypto partner of Australian Open Partnership spans multiple Summer of Tennis events Nexo, a leading digital asset platform, has announced a multi-year partnership with Tennis Australia, marking a major move into the world of sports sponsorship. Under this agreement, Nexo becomes the Official Cryptocurrency Partner of the Australian Open and the broader Summer of Tennis, which includes high-profile tournaments such as the United Cup, Adelaide International, Brisbane International, and Hobart International. This collaboration is designed to blend the fast-paced world of tennis with the innovative energy of crypto, making blockchain technology more accessible to fans around the globe. A Strategic Move into Sports by Nexo By aligning with one of the world’s most-watched tennis events, Nexo is taking a bold step to expand its brand visibility and engage with a broader, global audience. The Australian Open attracts millions of viewers worldwide and presents an ideal platform for Nexo to showcase its services, from crypto trading to lending and digital asset management. The partnership is not just about logo placements — it aims to offer fans digital experiences and education around cryptocurrency, likely including on-site activations, interactive campaigns, and exclusive offers for tennis and crypto enthusiasts. Nexo has signed a multi-year agreement with Tennis Australia, becoming the Official Crypto Partner of the Australian Open and the Summer of Tennis, including the United Cup, Adelaide International, Brisbane International, and Hobart International.https://t.co/uxkp8Bqlir— Wu Blockchain (@WuBlockchain) December 17, 2025 Bringing Crypto Closer to the Mainstream This deal underscores the growing presence of cryptocurrency companies in mainstream sports. With events spanning across Australia’s summer calendar, from Brisbane to Hobart, Nexo’s brand will have extensive exposure both on-site and through media coverage. Tennis Australia’s move to partner with a regulated and established crypto firm like Nexo also signals growing trust and interest in blockchain technology within traditional institutions. With more people curious about crypto and how it fits into their everyday lives, partnerships like this help bridge the gap between innovation and public adoption. Read Also : Nexo Becomes Official Crypto Partner of Australian Open Crypto Market Slowdown as Bitcoin Wallets Decline Deribit SignalPlus Mission450K Hits $11B Volume Dormant Bitcoin Wallets Moved $8.6B in July 2025 Bitcoin Faucet Once Gave 5 BTC for Free in 2010 Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided. Tags Australian open crypto NEXO

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE Nexo has secured a multi-year agreement with Tennis Australia to become the Official Crypto Partner of the Australian Open and the Summer of Tennis. The deal covers the Australian Open alongside the Summer of Tennis series, which includes the United Cup, Adelaide International, Brisbane International, and Hobart International, the company announced Tuesday. Nexo's branding will appear through the "Nexo Coaches Pod," with visibility on on-court coaching areas across the tournament's major venues during matches. amp;lt;span data-mce-type="bookmark" style="width:0px;overflow:hidden;line-height:0" class="mce_SELRES_start"amp;gt;amp;lt;/spanamp;gt; The 2026 Australian Open begins January 12 in Melbourne and is expected to draw hundreds of millions of viewers globally, as it typically does each year. Tennis offers brands access to two billion fans worldwide and an affluent demographic, with higher-income individuals 29% more likely to follow the sport than the average person, according to sports marketing firm SportQuake’s report. “Partnering with Tennis Australia allows us to connect with millions of fans while aligning with a world-class institution committed to long-term thinking and future progress," a Nexo spokesperson told Decrypt. It’s a long way from its withdrawal from the U.S. market in 2022 after multiple state and federal regulators challenged its interest-bearing product as an unregistered security. The company later settled with the SEC, agreeing to pay about $45 million in penalties and cease offering the product to U.S. investors without admitting or denying wrongdoing. It only recently re-entered the U.S. after regulatory clarity was achieved. It is now seeking to shed its crypto-lender status and rebrand as a “digital asset wealth platform.” The year 2022 also marked Tennis Australia's Australian Open collaboration with NFT platform Sweet.io, during a time when demand for digital collectibles had been hovering at an all-time high. That partnership faded as NFT trading volumes collapsed later that year, and Sweet.io has since dialed back its consumer-facing NFT operations. Despite those past challenges, Tennis Australia Chief Commercial Officer, Cedric Cornelis, called Nexo "a natural fit for the AO and our events across the Summer of Tennis." “Together, we’re creating new ways for fans to connect with the game and the people behind it,” Cornelis added. The deal marks Nexo's fourth major sports agreement this year as the platform became the Official Digital Wealth Platform of the DP World Tour and signed agreements with the Acapulco Tennis Open and Mifel Tennis Open earlier this year. Crypto’s once-booming sports deals, derailed by crypto exchange FTX’s 2022 collapse and the demise of its headline sponsorships, have begun to re-emerge this year. Recent deals include Ledger's jersey sponsorship with NBA team the San Antonio Spurs and stablecoin issuer Tether's minority stake in Italian soccer club Juventus, though the stablecoin giant's all-cash offer to acquire majority control was rejected by holding company Exor last week.