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The first SOL ETF was launched in July, followed by Bitwise’s SOL ETF in October, which recorded $57 million in first-day trading volume. Solana (SOL) exchange-traded funds (ETFs) recorded a seven-day inflow streak, despite SOL’s downward price performance and a broader downturn in the crypto market. Tuesday marked the highest day of inflows during the seven-day streak, with about $16.6 million in capital flowing into SOL ETFs, according to data from investment management company Farside Investors. This brings the total net inflow into SOL ETFs to $674 million at the time of this writing, data from Farside shows. Read more
Strategy remains in the Nasdaq 100 as MSCI considers excluding firms whose crypto holdings exceed 50% of total assets. Strategy held on to its place in the Nasdaq 100 during this year’s rebalancing, securing its first successful test in the benchmark since joining the index in December last year. The company, previously known as MicroStrategy, has become the largest corporate holder of Bitcoin (BTC). With its latest purchase of 10,624 Bitcoin for around $962.7 million last week, Strategy’s total holdings stand at 660,624 BTC, worth nearly $60 billion. The latest Nasdaq 100 adjustment saw Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor and Trade Desk removed from the tech-heavy gauge, while Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate and Western Digital entered the lineup, according to Reuters. Read more
Bitfinex said the recent 66% slide in spot trading volumes echoes lulls seen before next leg in the cycle. Bitfinex says crypto spot trading activity has fallen sharply this quarter, with volumes down 66% from January’s peak as traders step back amid softer ETF inflows and an uncertain macro backdrop. In a Sunday post on X, the exchange noted that the slowdown mirrors periods seen in earlier market cycles, where extended lulls often “precede the next leg in the cycle.” According to data from CoinMarketCap, 30-day crypto spot volumes have slipped from over $500 billion in early November to roughly $250 billion this week. Read more
Brazil’s largest private bank says Bitcoin can improve portfolio diversification and hedge currency risk despite a volatile year for the asset. Itaú Asset Management, the investment arm of Brazil's largest private bank, Itaú Unibanco, has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year. In a new research note, Itaú Asset’s Renato Eid said that the global backdrop of geopolitical tension, shifting monetary policy and persistent currency risks strengthens the case for adding Bitcoin (BTC) as a complementary asset. He called Bitcoin “an asset distinct from fixed income, traditional stocks, or domestic markets, with its own dynamics, return potential, and — due to its global and decentralized nature — a currency hedging function.” Read more
The DeFi Education Fund has led a rebuttal to Citadel Securities’ call for the SEC to bring DeFi platforms under securities laws if dealing in tokenized stocks. A group of crypto organizations has pushed back on Citadel Securities’ request that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks. Andreessen Horowitz, the Uniswap Foundation, along with crypto lobby groups the DeFi Education Fund and The Digital Chamber, among others, said they wanted “to correct several factual mischaracterizations and misleading statements” in a letter to the SEC on Friday. The group was responding to a letter from Citadel earlier this month, which urged the SEC not to give DeFi platforms “broad exemptive relief” for offering trading of tokenized US equities, arguing they could likely be defined as an “exchange” or “broker-dealer” regulated under securities laws. Read more
Tether says it will buy the controlling stake Exor has in Juventus, along with all remaining shares, an offer Exor has reportedly rebuffed. Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down. Tether said on Friday that it submitted a binding all-cash proposal to Exor, the holding company of the Agnelli family, for its 65.4% controlling stake in Juventus that it has held for over 100 years. If Exor agrees, then Tether will make a “public offer for the remaining shares at the same price.” Juventus is a public company with a market capitalization of 944.49 million euros ($1.1 billion), having closed trading on Friday up 2.3% to 2.23 euros ($2.62). Read more
Regulations must evolve for tokenized real-world assets to be better integrated with DeFi, so their immediate benefit won’t be significant, says NYDIG’s Greg Cipolaro. The tokenization of stocks won’t immediately be of immense benefit to the crypto market, but the benefits could increase if such assets are allowed to better integrate on blockchains, says NYDIG. “The benefits to networks these assets reside on, such as Ethereum, are light at first, but increase as their access and interoperability and composability increase,” NYDIG global head of research Greg Cipolaro said in a note on Friday. The initial benefits will be the transaction fees charged for using tokenized assets, and the blockchain hosting them will “enjoy increasing network effects” for storing them, Cipolaro added. Read more
SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation. Key takeaways: SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions. Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as Solana’s ecosystem grows. Read more
The comments followed the asset management company’s policy change allowing its clients to trade crypto exchange-traded funds. Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard. “It’s difficult for me to think about Bitcoin as anything more than a digital Labubu,” Ameriks said at Bloomberg’s ETFs in Depth conference in New York City. Labulus are collectible plush toys featuring animals with anthropomorphic features. Despite Ameriks’ criticism, he said that Bitcoin (BTC) may have value beyond financial speculation in the future under certain circumstances. Read more
The US regulator's green light lets Bitnomial’s clearinghouse support prediction markets linked to crypto and economic events, expanding its regulated product and clearing offerings. Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives products. The contracts are designed to allow traders to take positions on outcomes, such as token price levels and macroeconomic data. The approval expands the umbrella of the trading products offered by Bitnomial. Based in Chicago, the company’s exchange and clearing arms offer perpetuals, futures, options contracts and leveraged spot trading. The company’s clearinghouse also supports crypto-based margin and settle...
Bitcoin mining hash price, a critical metric for determining profit margins in the industry, is hovering near record lows. Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index. Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW) solar-powered mining facility in Ector County, Texas, on Thursday, according to TheMinerMag. Read more
Ripple’s post-SEC rebound is drawing Wall Street backing, including a $40 billion valuation deal with downside protection— and some investors betting on XRP. It has been a long and arduous journey for Ripple. After emerging from a multiyear battle with the US Securities and Exchange Commission, the blockchain-based payments and infrastructure company is pressing ahead with broad ambitions to unify custody, treasury and prime-brokerage services, each underpinned by blockchain technology and stablecoins. Despite the bruising legal fight and the reputational damage that came with it, Ripple has still managed to win over some of Wall Street’s biggest players. This week’s Crypto Biz looks at how Ripple secured a striking $40 billion valuation, and why some of its backers are quietly placing bets on an XRP (XRP) surge. Read more
TIX is developing a DeFi-based settlement layer for live events, using onchain tickets to unlock venue financing and simplify payouts. TIX, a settlement layer for the live-events industry, has emerged from stealth to apply decentralized finance (DeFi) lending and onchain settlement to a sector that has long functioned like a private credit market. To date, the TIX network has facilitated over $8 million in ticket sales and generated approximately $2 million in venue financing. The activity has been conducted through KYD Labs, with TIX expected to launch on the Solana mainnet by mid-2026, the company told Cointelegraph. TIX, led by Ticketmaster and Buildspace veterans, serves as the underlying settlement and financing layer for KYD Labs, a consumer-facing ticketing platform that raised $7 million in a funding round led by venture firm a16z. Read more
Short-term Bitcoin traders were profitable for 229 days this year despite the recent 30% correction in BTC price. Will this trend carry over into 2026? Bitcoin’s (BTC) short-term holders (STHs) have spent 229 out of 345 days in profit, an outcome that appears contradictory given that BTC is at a negative year-to-date (YTD) return and struggles to trade above $100,000. However, beneath the weak headline performance, the structure of onchain positioning tells a different story. Key takeaways: Read more
The release introduces World Chat with end-to-end encryption, DeFi-powered yield via Morpho and QR-code payments at more than one million merchants in Argentina. Tools for Humanity is broadening its World platform beyond digital identity and crypto payments, adding encrypted messaging and financial services to its app as part of a push toward a super-app model. The company, co-founded by OpenAI CEO Sam Altman, introduced an in-app messaging feature with end-to-end encryption that distinguishes between verified and unverified World ID accounts and enables users to send or request digital assets within chats. According to an announcement, the application now supports third-party mini-apps, including prediction markets, games and financial tools, that run inside conversations. Tools for Humanity said it plans to add optional profile photo verification to help reduce impersonation and misuse. Read more
Bitcoin and several major altcoins have turned down from their respective overhead resistance levels, indicating that the bears are still very active at the range highs. Key points: The failure of the bulls to maintain Bitcoin above $94,050 has renewed selling, opening the doors for a fall to $87,700 and then to $84,000. Most major altcoins remain under pressure and are threatening to challenge their recent lows. Read more
Bitcoin briefly topped $94,000 following Strategy’s largest investment since July, but investor risk appetite remained muted even after the widely expected US interest rate cut. Cryptocurrency markets saw another week of downside, as investors eagerly anticipated the year’s last Federal Open Market Committee (FOMC) meeting. Bitcoin (BTC) rose to a weekly high of $94,330 on Tuesday as investor morale was bolstered by Strategy’s $962 million Bitcoin acquisition, the company’s largest investment since July 2025. On Wednesday, the US Federal Reserve delivered a widely anticipated 25-basis-point interest rate cut. Crypto markets saw a temporary bounce, as lower rates and cheaper borrowing costs typically increase risk appetite and capital entering risk assets such as crypto. Read more
The network’s reserve will consist of purchases of the network’s native PYTH token, utilizing approximately 33% of the protocol’s revenue through the DAO. The Pyth Network, a blockchain oracle provider, said it will convert a portion of its revenue into PYTH token purchases as part of a reserve strategy. In a Friday blog post, Pyth said the tokens it buys on the open market with one-third of the protocol’s revenue through its decentralized autonomous organization (DAO) would constitute the network’s reserve. The network said the strategy was designed to increase revenue and token purchases. “[I]t’s time to rewrite the market data economy on a global level,” said Pyth. Read more
The company is considering multiple paths to ensure liquidity for new investors eyeing a stake in the private stablecoin business. Tether, the stablecoin company that issues the USDt (USDT) dollar-pegged token, is considering tokenizing investor equity and share buybacks to offer liquidity for investors as it seeks a $500 billion valuation. Bloomberg reported on Friday, citing a source familiar with the matter, that Tether recently stopped an existing shareholder from selling their stake as the company is in talks to raise $20 billion for a 3% stake in the stablecoin's issuer business. The investor sought to sell a $1 billion stake that valued Tether at $280 billion, Bloomberg reported. In response, Tether plans to offer investor liquidity through tokenization or share buybacks after the funding round closes. Read more
Figure is planning a second IPO to issue blockchain-native equity on Solana, enabling onchain trading and DeFi use cases beyond traditional stock markets. Figure Technology, a blockchain-based financial services company focused on tokenized assets and lending, has filed for a second public offering aimed at issuing native equity directly on a public blockchain. The move, which follows the company’s recent Nasdaq listing, is designed to expand decentralized finance (DeFi) use cases on Solana. Speaking at the Solana Breakpoint conference, Figure executive chairman Mike Cagney said the company has submitted a filing with the US Securities and Exchange Commission (SEC) to launch what he described as “a new version of Figure equity on a public blockchain,” specifically Solana. Cagney said the blockchain-native equity would not trade on traditional exchanges such as Nasdaq or the New York Stock Exchange, nor would it rely on introducing brokers like Robinhood or prime brokers such as Goldman Sachs. Read more6874 items