Found 6874 news
Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume. Bitcoin (BTC) attempted to close above a key resistance zone last week after briefly spiking to roughly $93,300. However, BTC failed to stop a mean-reversion trend, with the price dropping below $85,000 on Monday. Key takeaways: Bitcoin’s inability to close above $93,000 invalidated the confirmation of a bullish trend reversal. Read more
Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines. Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy. According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and direct how Forward Industries uses its staking and validator infrastructure to support the accumulation of (SOL), Solana’s native token. Navi joins Forward Industries after leading digital-asset investments at ParaFi Capital and previously serving as a principal at investment company KKR, where he focused on liquid and distressed credit strategies. He began his career in investment banking at Citi. Read more
Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and factors beyond Japan’s bond market stress. Key takeaways: Stablecoin concerns, regulatory pressure, and reduced risk appetite among traders weighed more on Bitcoin than Japan’s bond-market moves. Reduced confidence in global growth and stress on digital asset reserve companies amplified BTC selling and subsequent stop losses. Read more
The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain. According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain. “There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.” Read more
The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token. Yorkville Acquisition Corp. has tapped two former Gryphon Digital Mining executives to lead its planned merger that will create a publicly traded digital asset treasury focused on accumulating the Cronos ecosystem’s native token. The appointments come as Yorkville moves toward forming a new entity with Trump Media & Technology Group and Crypto.com to acquire and manage the Cronos token (CRO) as its core reserve asset. Steve Gutterman will serve as CEO and Sim Salzman as chief financial officer once the merger closes, which Yorkville expects in the first quarter of 2026. The pair previously led Gryphon Digital Mining through restructuring, regulatory reporting and capital-markets transactions, and have held senior roles at E*TRADE, American Bitcoin and Marathon Digital. The new entity, formed through a business combination with Trump Media, co-founded by US...
Though the US dominated the number of requests from agencies in individual countries, Coinbase reported a modest increase in the overall number outside the country. US-based cryptocurrency exchange Coinbase has released its annual transparency report, revealing that the company experienced a significant surge in requests from law enforcement agencies. In a report released on Monday, Coinbase said it had received 12,716 requests from law enforcement globally from October 2024 to September 2025, marking a 19% increase over the volume of requests reported in 2024. Of these requests, the exchange said that more than half — 53% — came from outside the United States, with 80% of all of them originating in the US, Germany, UK, France, Spain and Australia. Read more
Ether futures overtake Bitcoin on CME as ETH volatility spikes, fueling debate over a potential Ether super-cycle amid a broader crypto market pullback. Trading activity in Ether futures has surpassed that of Bitcoin on the Chicago-based CME Group, marking a notable shift in the digital asset derivatives market and fueling speculation that Ether may be entering a long-anticipated “super-cycle” — a sustained, multi-year period of accelerated growth driven by rising adoption. In a recent CME video, Priyanka Jain, the exchange’s director of equity and crypto products, said Ether (ETH) options are currently exhibiting higher volatility than Bitcoin (BTC) options. Rather than deterring participation, she said, the increased volatility has attracted traders and helped drive growth in Ether futures activity. “This heightened volatility has served as a powerful magnet for traders, directly accelerating participation in CME Group’s Ether futures,” Jain said. “Is this Ether’s long-awaited super-cycle, or merely a catch...
Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for a bull market to end with a drop to $70,000 and below. Key points: Bitcoin is facing significant selling at the start of the new week, with some analysts expecting a drop as low as $50,000. Several altcoins turned down from their overhead resistance and are threatening to dip below their support levels. Read more
The acquisition expands Goldman’s defined-outcome ETF business and brings the bank deeper into crypto-linked investment products. Goldman Sachs has agreed to acquire Innovator Capital Management for roughly $2 billion, bringing the issuer of defined-outcome exchange-traded funds (ETFs), including a Bitcoin structured fund, under its asset management umbrella. The transaction, slated to close in the second quarter of 2026, will bring about $28 billion in additional assets under supervision to Goldman Sachs’ Asset Management, which reported $3.45 trillion AUS at the end of the third quarter. Goldman said the purchase will broaden its plans for active and defined-outcome ETFs, a fund that uses options to limit losses and set how much of an asset’s gains investors can capture over a fixed period. Read more
Republican leaders released a final staff report going over claims of debanking by federal regulators in what some have called "Operation Choke Point 2.0." Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting off access to financial services for some crypto companies and individuals. In a Monday notice, House Financial Services Chair French Hill and Oversight Subcommittee Chair Dan Meuser claimed that regulators under the administration of former US President Joe Biden “used vague rules, excessive discretion, informal guidance, and aggressive enforcement actions to pressure banks away from serving digital asset clients” — actions many Republicans have referred to as “Operation Choke Point 2.0.” The report concluded that legislative action, among other measures, was necessary to provide clarity for the cryptocurrency ...
Mining revenue hits structural lows as hashprice sinks, costs rise and payback periods stretch past 1,000 days, squeezing even the largest operators. The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining revenue and rising debt, according to TheMinerMag. In its latest report, TheMinerMag said miners are operating in the “harshest margin environment of all time,” as hashprice — the revenue earned per unit of computing power — has fallen from an average of about $55 per petahash per second (PH/s) in the third quarter to roughly $35 PH/s, a level the publication characterized as a structural low rather than a temporary dip. The deterioration followed a sharp correction in the price of Bitcoin (BTC), which fell from a record high near $126,000 in October to below $80,000 in November. Read more
Buterin warns that quantum computers could threaten Ethereum’s cryptography sooner than expected and outlines how the network can prepare safely. Buterin sees a nontrivial 20% chance that quantum computers could break current cryptography before 2030, and he argues that Ethereum should begin preparing for that possibility. A key risk involves ECDSA. Once a public key is visible onchain, a future quantum computer could, in theory, use it to recover the corresponding private key. Buterin’s quantum emergency plan involves rolling back blocks, freezing EOAs and moving funds into quantum-resistant smart contract wallets. Read more
Bitcoin fell further thanks to Wall Street selling pressure, while analysis predicted a key few days for the 2025 BTC price candle. Bitcoin (BTC) hit new local lows after Monday’s Wall Street open as analysis warned of “rising” macro headwinds. Key points: BTC price action plumbs new local lows as daily losses pass the 7% mark. Read more
Eclipse combines high-throughput execution with Ethereum settlement in a way no other L2 has attempted. Cointelegraph Research breaks down the architecture and the milestones that will define its trajectory. The majority of Ethereum rollups have converged on a single model, in which the EVM is still the execution engine. So parallel execution remains a vague ambition rather than a feature of most Ethereum L2s. Eclipse takes a different path. It brings the Solana Virtual Machine into an Ethereum-anchored environment and restructures the rollup stack around it. The latest report by Cointelegraph Research examines how this design emerged, the problems it solves and what questions it raises for the broader layer-2 ecosystem. It highlights where Eclipse diverges from existing rollups and why these differences matter for developers, users and institutions. Read the full report here to explore Eclipse’s architecture, economics and path toward verifiable rollup status. Read more
The GENIUS Act promises safer, fully reserved dollar stablecoins and faster payments, but by steering issuers toward T-bills and cash, it may also hardwire a new demand engine for US debt. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law on July 18, is billed as the statute that finally drags dollar‑pegged tokens out of the regulatory gray zone into a supervised, payments‑first framework. Supporters say it offers legal clarity, consumer protections and a path for programmable money. Critics say it raises a deeper question: If issuers are tightly steered into holding cash and short‑term Treasurys, does that make them structural buyers of US debt? That’s the case laid out by author and ideologist Shanaka Anslem Perera, who writes that under GENIUS, “Every digital dollar minted becomes a legislated purchase of US sovereign debt.” Read more
Bitcoin’s first monthly MACD rollover this cycle, alongside onchain data, raised the odds of a deeper pullback, as BTC price forecasts now include the mid-$60,000s. Bitcoin (BTC) sellers are getting increasingly louder as several more bearish signals have emerged for this week. Key takeaways: Bitcoin’s monthly MACD rollover keeps risks skewed toward further downside. Read more
Strategy funded a new reserve from stock sales to cover at least 12 months of dividends as it boosts its Bitcoin stash to 650,000 coins amid market volatility. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, is creating a $1.44 billion US dollar reserve to support dividend payments on its preferred stock and interest on its outstanding debt. Strategy on Monday announced the establishment of a US dollar reserve funded through proceeds from the sale of Class A common stock under its at-the-market offering program. “Strategy’s current intention is to maintain a USD Reserve in an amount sufficient to fund at least twelve months of its dividends, and Strategy intends to strengthen the USD Reserve over time, with the goal of ultimately covering 24 months or more of its dividends,” the company said. Read more
Ether price held $2,800 support amid ETF inflows and undervalued signals, but $3,000 resistance and Bank of Japan rate hike fears stopped the recovery. Ether (ETH) fell to $2,800 on Monday, failing to hold $3,000 as surging expectations of a Bank of Japan rate hike unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on Ether’s ability to buck the downtrend. Key points: Ethereum price fell 5.5% on Monday, dropping below $3,000 again amid Bank of Japan rate-hike fears. Read more
South Korean lawmakers set a Dec. 10 deadline for a stablecoin regulation draft, warning they’ll legislate independently if regulators miss the deadline. South Korean lawmakers are pressing financial regulators to deliver a draft stablecoin bill by a deadline set for later this month, as disagreements over the role of banks continue to stall progress. According to a Monday report by a local news outlet, Maeil Business Newspaper, South Korea’s ruling party sent a “last-minute notice” to financial regulators to submit a stablecoin regulatory framework draft by Dec. 10. Kang Joon-hyun, a lawmaker from the Democratic Party, said, “If the government bill does not come over within this deadline, we will take a drive through legislation by the secretary of the political affairs committee.” If it is delivered in time, he expects the bill will be discussed at the extraordinary session of the National Assembly in January 2026. Read more
Prediction markets Polymarket and Kalshi surge for the pro-crypto candidate as Trump’s likely Fed chair pick, just as internal Fed reforms spark pushback from veterans. Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair. The odds of Hassett filling the seat have spiked to 66% on Polymarket and 74% on Kalshi at the time of writing. Hassett is widely viewed as crypto‑friendly thanks to his past role on Coinbase’s advisory council, a disclosed seven‑figure stake in the exchange and his leadership of the White House digital asset working group. Founder and CEO of Wyoming-based Custodia Bank, and a prominent advocate for crypto-friendly regulations, Caitlin Long, commented on X: Read more6874 items