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Found 6874 news

  • Fin lands $17M for stablecoin payments app built by ex-Citadel team: Report
    Cointelegraph.com - 21:48 Dec 03, 2025
    Fin, founded by two former Citadel engineers, raised capital to launch a stablecoin app for cross-border payments as banks and fintechs expand into digital assets. Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have raised $17 million to launch Fin, a stablecoin-powered payments app designed for high-value cross-border transactions. According to Fortune on Wednesday, the startup, previously known as TipLink, closed the round with backing from Pantera Capital, Sequoia and Samsung Next. Fin plans to pilot the app within the next month, targeting import-export businesses that often move hundreds of thousands of dollars at a time. Built around stablecoin rails, Fin will enable users to send funds to other payment apps, bank accounts, and crypto wallets, aiming to reduce costs compared to traditional wire transfers.  Read more
    Tags: Citadel
  • Crypto bounces but weak US macro data, AI uncertainty threaten the recovery
    Cointelegraph.com - 21:48 Dec 03, 2025
    Cryptocurrencies show strength despite investors’ concerns about the AI industry and weak US labor and consumer data. Would an acceleration of money printing boost Bitcoin? Key takeaways: Low BTC and ETH leverage appetite contrasts with strong stock markets, highlighting fragile sentiment despite improving liquidity expectations. While economic uncertainty persists, anticipated monetary easing reduces downside risk for cryptocurrencies, favoring a potential bullish momentum. Read more
  • Crypto M&A deals hit an all-time high in 2025, blowing past $8.6B
    Cointelegraph.com - 21:29 Dec 03, 2025
    Crypto deals activity surged to record levels this year, even as the industry continued to face significant market turbulence and macroeconomic headwinds. Crypto merger and acquisition (M&A) activity in 2025 reached $8.6 billion as of November, with companies closing a record 133 deals, marking an all-time high in both deal count and total value. The total dollar amount of business deals exceeded the combined total of the previous four years, according to Bloomberg, citing Pitchbook data. Coinbase led the M&A activity, with six acquisition deals completed in 2025, including the $2.9 billion purchase of Deribit, one of the largest crypto derivatives marketplaces. Read more
    Tags: Crypto
  • Major banks running stablecoin, crypto-trading pilots with Coinbase, Armstrong says
    Cointelegraph.com - 21:12 Dec 03, 2025
    At the DealBook Summit, BlackRock CEO Larry Fink acknowledged Bitcoin’s utility, as Coinbase’s Brian Armstrong said the exchange is running pilots with major US banks. Major US banks are running early pilots involving stablecoins, crypto custody and digital-asset trading in partnership with Coinbase, CEO Brian Armstrong said onstage at The New York Times DealBook Summit. According to Bloomberg, Armstrong didn’t name specific institutions but warned that banks slow to adopt crypto “are going to get left behind.” His remarks were made during a joint appearance with BlackRock CEO Larry Fink on a panel at the event. Although Armstrong and Fink haven’t always aligned on crypto, the two struck a notably similar tone on Bitcoin. Armstrong dismissed the idea that Bitcoin could ever fall to zero, while Fink said he now sees a significant “use case” for the asset, though he did caution that Bitcoin is “still heavily influenced by leveraged players.” BlackRock’s iShares Bitcoin Trust (IBIT), launched in January 2024, is...
  • XRP faces ‘now or never’ moment as traders eye rally to $2.50
    Cointelegraph.com - 20:39 Dec 03, 2025
    XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance? XRP (XRP) defended its $2 psychological floor this week, rebounding nearly 6% on Tuesday after a brief liquidity sweep on Monday. While the asset remained in a multimonth downtrend dating back to July, the $2.28–$2.30 resistance band now stands as the defining pivot for bullish continuation. Key takeaways: A bullish daily close above $2.30 would confirm a break of structure and possibly lead to a move to $2.58. Read more
  • Bitcoin’s strongest trading day since May cues possible rally to $107K
    Cointelegraph.com - 19:17 Dec 03, 2025
    Bitcoin posted its strongest daily gain since May as buy-side flows, a sharp adjustment in investor sentiment and a return of the Coinbase premium hint at a potential rally above $100,000. Bitcoin (BTC) gained 5.81% on Tuesday, its biggest daily return since May 8. As the rally unfolded, a bullish engulfing pattern formed, marking the first significant structural shift on the daily chart in the fourth quarter. Traders now wonder if there is an increased chance for a sustained recovery over the coming day. Key takeaways: Bitcoin printed a bullish engulfing candle with its strongest daily gain since May, signaling early trend expansion. Read more
    Tags: Bitcoin
  • Polymarket opens US app to waitlisted users after CFTC green light
    Cointelegraph.com - 18:53 Dec 03, 2025
    Select users in the US will be among the first to access the predictions platform to bet on sports event contracts, following clearance from a financial regulator for a relaunch. Prediction platform Polymarket has begun rolling out its relaunch in the United States, announcing that waitlisted users would be the first to access its US app. In a Wednesday X post, Polymarket said that it would be making its US app available to waitlisted users, beginning with bets on sports event contracts, “followed by markets on everything.” The official launch came about three months after the US Commodity Futures Trading Commission (CFTC) issued a no-action letter to a crypto derivatives exchange and clearinghouse acquired by Polymarket, laying the groundwork for the launch of its US services. Read more
  • SEC sends warning letters to ETF issuers targeting untamed leverage
    Cointelegraph.com - 18:38 Dec 03, 2025
    The United States Securities and Exchange Commission halted several ETF filings that proposed 3-5 times leverage on the underlying asset. The US Securities and Exchange Commission (SEC) sent warning letters to several exchange-traded fund (ETF) providers, halting applications for leveraged ETFs that offer more than 200% exposure to the underlying asset. ETF issuers Direxion, ProShares, and Tidal received letters from the SEC citing legal provisions under the Investment Company Act of 1940. The law caps exposure of investment funds at 200% of their value-at-risk, defined by a “reference portfolio” of unleveraged, underlying assets or benchmark indexes. The SEC said: Read more
  • ETHZilla takes stake in Karus to tokenize AI-modeled auto-loan portfolios
    Cointelegraph.com - 18:21 Dec 03, 2025
    The deal grants ETHZilla access to Karus’s AI underwriting engine and loan origination network, positioning the crypto treasury company to offer auto credit onchain in 2026. Crypto treasury company ETHZilla (ETHZ) has taken a strategic step into onchain credit with the acquisition of a 20% fully diluted stake in automotive-finance AI startup Karus. The $10 million deal includes $3 million in cash and $7 million in ETHZilla stock, and will allow the company to integrate Karus’s underwriting AI models into its blockchain stack to issue tokenized auto-loan portfolios. According to Wednesday’s announcement, Karus’s decisioning engine is trained on more than 20 million historical auto-loan outcomes and has evaluated over $5 billion in loans at origination, giving ETHZilla a pre-modeled data set to structure AI-segmented pools with onchain settlement. The first tokenized portfolios are slated for early 2026. Read more
  • Taiwan eyes 2026 stablecoin launch as crypto legislation advances: Report
    Cointelegraph.com - 17:06 Dec 03, 2025
    A Taiwan-issued stablecoin pegged to either the country’s dollar or the US dollar could enter the market in the second half of 2026 based on related legislation. Taiwan could see its first stablecoin launched as early as the second half of 2026 as lawmakers advance new rules for digital assets, according to one of the country’s financial regulators. According to a Focus Taiwan report on Wednesday, Financial Supervisory Commission (FSC) Chair Peng Jin-lon said that, based on the timeline for passing related legislation, a Taiwan-issued stablecoin could enter the market in the second half of 2026. Should the Virtual Assets Service Act pass in the country’s next legislative session, and accounting for a six-month buffer period for the law to take effect, it would lay the groundwork for the launch of a Taiwanese stablecoin. Read more
    Tags: Taiwan
  • Miners are turning off their machines: Why even new rigs can’t break even
    Cointelegraph.com - 17:03 Dec 03, 2025
    Miner margins are collapsing as hash price hits record lows. This guide explains 2025 economics, break-even tests and what struggling operators can do. Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from about $55 per petahashes (PH) per day in Q3 to roughly $35 per PH/day today. Their median all-in cost sits near $44 per PH/day. In other words, a significant part of the sector is now mining at a loss. Read more
    Tags: Miners
  • Why Tether is buying more gold than many central banks and what it signals
    Cointelegraph.com - 16:42 Dec 03, 2025
    Tether’s rapid gold accumulation in Q3 2025 surpassed many national banks. This move reflects Tether’s strategy to build gold reserves. Tether purchased 26 tons of gold in Q3 2025, a larger quarterly acquisition than any reporting central bank. Its total holdings reached 116 tons, placing it among the world’s top 30 gold holders. Stablecoin issuers, sovereign wealth funds, corporations and tech firms are increasingly active in gold markets. This trend marks a structural shift in global demand once dominated by central banks. Central banks added 220 tons of gold in Q3 2025, up 28% from Q2. Countries such as Kazakhstan, Brazil, Turkey and Guatemala made notable additions despite record prices. Read more
  • CleanSpark lifts output and power as Bitcoin miners face strain
    Cointelegraph.com - 16:36 Dec 03, 2025
    November production rose 11% and contracted power topped 1.4 GW, even as falling bitcoin prices and tighter margins pressure the mining sector. Bitcoin mining company CleanSpark (CLSK) maintained elevated production levels in November, signaling elevated revenue generation despite a challenging environment for cryptocurrency miners and the broader digital asset market. The company reported Wednesday that it mined 587 Bitcoin (BTC) during the month, an 11% increase from October.  CleanSpark also expanded its contracted power capacity by approximately 11% to more than 1.4 gigawatts, a key measure of the electricity the company has secured to support future mining operations. A larger power footprint allows the company to deploy more mining equipment and scale output over time. Read more
  • Can BNB price retake $1K in December?
    Cointelegraph.com - 15:40 Dec 03, 2025
    Multiple bullish signals, including a double bottom and falling wedge breakout, are aligning to potentially lift the BNB price toward $1,000 in December. BNB (BNB) is showing renewed bullish momentum after bouncing more than 13% from a local bottom near $800. It traded above $910 on Wednesday, while eyeing a potential push back toward $1,000. Key takeaways: BNB’s double bottom, falling wedge breakout, and liquidation pressure align to target $1,020–$1,115 in December. Read more
    Tags: December
  • Ethereum treasury demand collapses: Will it delay ETH’s recovery to $4K?
    Cointelegraph.com - 15:01 Dec 03, 2025
    Collapsed Ethereum treasury demand and stiff overhead resistance between $3,100 and $3,200 stood in the way of Ether’s recovery to $4,000. Ether’s (ETH) price traded at $3,077, up 17% above its local lows of $2,620 reached on Nov. 21. However, reduced treasury buying and overhead resistance delayed sustained recovery toward $4,000. Key takeaways: Ether treasury demand has collapsed 80%, raising concerns about their sustainability. Read more
  • Strategy’s Michael Saylor on potential MSCI exclusion: ‘We’re engaging’
    Cointelegraph.com - 14:11 Dec 03, 2025
    Strategy is urging MSCI to retain MSTR in its indexes, despite raising its Bitcoin holdings to 650,000 BTC as it has lowered its 2025 targets. Michael Saylor’s Strategy is not giving up on efforts to keep its common A stock (MSTR) part of the MSCI indexes after the stock entered the MSCI World Index during the Bitcoin rally in 2024. Amid MSCI Global Standard Indexes holding consultations on whether to delete MSTR and other digital asset treasuries (DATs) from its indexes, Strategy’s Saylor said the company is communicating with the index provider about the issue, Reuters reported on Wednesday. “We’re engaging in that process,” the Strategy founder said, adding that he “was not sure” about the accuracy of JPMorgan’s reported estimations that a potential exclusion from the MSCI could trigger $2.8 billion of outflows. Read more
  • Binance’s new ‘Junior’ app draws mixed reactions over kids entering crypto
    Cointelegraph.com - 13:42 Dec 03, 2025
    Binance’s new Junior app aims to bring supervised crypto use to minors, prompting both praise for early education and criticism of child targeting. Binance has launched Binance Junior, a parent-controlled crypto app for users ages 6 to 17, in a move that sparked debate over introducing digital assets to minors. The company announced Wednesday that Binance Junior is a standalone mobile app linked to a parent’s primary Binance account. The tool allows adults to deposit crypto, set spending and transfer limits and enable Earn products for their kids, depending on local regulations.  Binance framed the new product as a family-focused financial literacy tool. It mirrors traditional custodial accounts, where children can hold assets while parents remain the legal owners and control permissions.  Read more
  • Japan’s new crypto tax could wake ‘sleeping giant’ of retail investors
    Cointelegraph.com - 13:39 Dec 03, 2025
    The crypto industry in Japan is poised for a surge in growth among retail investors, observers say, as the government plans to introduce a moderate 20% tax. A new, more moderate tax on digital assets in Japan is projected to make crypto more appealing to retail investors. Lawmakers in the National Diet, Japan’s legislature, reportedly support a proposal from the country’s financial watchdog, the Financial Services Agency (FSA), that would lower taxes on crypto. The rate would decrease from a maximum of 55% to 20%, aligning the taxation regime more closely with traditional assets and securities. Relaxing the tax code reflects a growing trend of the government moderating its stance toward crypto in Japan. From a relative gray zone to strict regulations, to becoming part of a national growth plan, the government has gradually recognized crypto as part of the financial industry. Read more
    Tags: Japan
  • Ethereum treasury trade unwinds 80% as handful of whales dominate buys
    Cointelegraph.com - 13:27 Dec 03, 2025
    Corporate Ether acquisitions continue to decline, leaving the world’s largest corporate ETH holder to scoop up billions in Ether, aiming to amass 5% of the total supply. The Ethereum treasury trade appears to be unwinding as monthly acquisitions continue to decline since the August high, though the largest players continue to scoop up billions of the Ether supply. Investments from Ethereum digital asset treasuries (DATs) fell 81% in the past three months, from 1.97 million Ether (ETH) in August to 370,000 ETH in November, according to Bitwise, an asset management firm. “ETH DAT bear continues,” wrote Max Shennon, senior research associate at Bitwise, in a Tuesday X post. Read more
    Tags: Ethereum
  • How Neal Stephenson ‘invented’ Bitcoin in the ‘90s: Author interview
    Cointelegraph.com - 13:20 Dec 03, 2025
    Author Neal Stephenson mapped out how uncensorable, cryptographic digital currency could work more than a decade before Bitcoin was invented. Author Neal Stephenson famously invented the term “Metaverse” with the publication of Snow Crash in 1992 a year before the World Wide Web or Doom even launched. But for crypto fans, his fictional depictions of early versions of Bitcoin more than a decade before it was invented are even better reasons to celebrate his work. In his 1995 novel The Diamond Age he described an anonymous peer-to-peer communication system that could transfer money. A short story he published in TIME that same year called The Great Simoleon Caper explored a private, cryptographic digital currency using private keys called CryptoCredits. His most in-depth work detailing a plan to set up money outside of the control of the state was the 1999 doorstopper opus Cryptonomicon, whose title was partly inspired by the Cyphernomicon FAQ. Read more
    Tags: Bitcoin

6874 items