What's happening: Bitcoin ETF Custody Concentrates Power, Raising Systemic Risk
Spot Bitcoin exchange‑traded funds now hold over $54 billion, roughly 1.5 million BTC. The ETF structure places the underlying coins in a trust controlled by a handful of custodians, with Coinbase identified as the dominant custodian, creating a single point of operational failure.
Also developing:
CoinDesk’s latest advisory piece highlights the rise of systematic crypto yield products as a viable cash‑flow source for institutional portfolios. It explains how staking, lending and structured DeFi strategies are maturing into regulated, transparent offerings. The article notes that advisors can now access audited yield metrics, risk‑adjusted returns, and custodial safeguards comparable to traditional fixed‑income. By positioning crypto yield as a bridge to mainstream assets, the piece signals a shift from speculative trading to income‑focused investment.
ok, apart from the fact that it's quite obvious the market is valuing ETH as store of value asset let me say something about why P/S for ETH is dumb using grade school logic Ethereum is expanding it's blocks - it's...
Bitcoin slipped back toward $90,000, failing to break its $93.5K yearly open despite upbeat Fed rate‑cut speculation. Strong U.S. jobs data reinforced expectations of a December rate cut, yet the cryptocurrency market remained unmoved. Analysts highlight multiple resistance zones—$96K‑$98K and...

EigenPhi data shows sandwich attacks on Ethereum have sharply declined in 2025, with monthly extraction dropping from nearly $10 million in late 2024 to about $2.5 million by October. Despite the slowdown, attackers still cause roughly $60 million in annual trader losses, but...

In this episode, Jimmy Song talks with Copernican about the looming "model collapse" in AI, explaining how over‑parameterized systems can fail catastrophically and why decentralized, trust‑less architectures like Bitcoin offer a safeguard. They explore the parallels between AI model brittleness...

The official website of the Pepe (PEPE) memecoin suffered a front‑end attack that redirects visitors to a malicious link using the Inferno Drainer toolkit. Blockaid, a cybersecurity firm, identified the intrusion and warned users to stay away until the site...

#BTC Bitcoin has performed its deepest retrace of the year with a -36% pullback, stemming from the trendline rejection It's clear the trendline has strengthened But Bitcoin buy-side pressure from ~$80,000 has also shown signs of strengthening over time, enjoying higher rallies...

The European Commission has unveiled a proposal to give ESMA direct supervisory authority over crypto‑asset service providers, trading venues and central counterparties. The plan aims to create a unified oversight model similar to the U.S. SEC and to close gaps...
Argentina’s state‑owned oil firm YPF is evaluating the use of cryptocurrencies for fuel purchases at its nationwide stations. The move follows a recent pilot that enabled US‑dollar payments, reflecting YPF’s push to modernize its payment infrastructure. Crypto pilots would allow...
On December 4, 2025, Hedera’s native token HBAR slipped 3.9% in price, mirroring a decline in the CoinDesk 20 index. The index’s broader pullback also saw Bitcoin Cash lose 3.2% and several other assets underperform. The dip came amid a...
Portal to Bitcoin announced a $25 million Series A round and simultaneously launched an atomic over‑the‑counter (OTC) desk built on hash‑time‑locked contracts (HTLC). The new desk enables trustless, cross‑chain settlement for large‑scale crypto trades, aiming to serve institutional investors seeking deep liquidity....
The crypto industry is confronting the long‑standing usability hurdle of seed phrases by exploring seed‑phrase‑free wallets built on smart‑account architecture. Ready’s new model replaces a single secret with programmable recovery options, allowing users to borrow against Bitcoin holdings and spend...
It’s been such a pleasure getting to know Christine and Beau Turner of Abundant Mines. They have a powerful story to tell, and their relationship is a testament to how two people can grow stronger through hard times. Learn how...
PREPARING BITCOIN FOR Q-DAY 2 key points: 1. Quantum computers are coming, the time to get ready for that is now. 2. Bitcoin CAN be quantum-ready if we act early, some people have already started working on it. But there's a lot of...
Solana Mobile announced that its native utility token, SKR, will debut in January 2026 as the backbone of the Seeker Web3 phone ecosystem. The token will have a 10 billion supply with a linear inflation model and will release 30 percent of...
That's a higher low for $LINK vs. $BTC. To me, great signs, especially given that it's showing more resilience and strength than other protocols. The Clarity Act is on the horizon, and I think that the impact of CRE is tremendously...

Polymarket has begun rolling out its regulated U.S. iOS app to users on a waitlist after receiving a Commodity Futures Trading Commission (CFTC) approval order. The launch starts with sports prediction markets, marking the platform’s return following a 2022 ban...

Malaysian authorities have created an air‑and‑ground task force to target illegal Bitcoin mining operations. The force, using drones and police units, plans to shut down nearly 14,000 mining rigs that have siphoned about $1.1 billion worth of electricity from the national...

Glassnode reports that more than a quarter of Bitcoin’s circulating supply is currently underwater, meaning holders are sitting at a loss. The on‑chain data shows the market structure echoing the early‑2022 crypto‑winter setup, with weakening demand across ETFs, spot, and...
In today’s Unchained Daily newsletter: 🟧 A quarter of all bitcoin is underwater again 🧩 Ethereum’s Fusaka upgrade finally goes live 📱 Polymarket makes its U.S. comeback with a new app 📡 Solana Mobile gears up to drop the SKR...
In markets like this, you should only be trading liquid pairs. That's either: - BTC, ETH, or other majors like SOL - Lower marketcap coins I use an automated scanner like @OrionTerminal, @velo_xyz, or @CoinMarketCap and filter by volume/ highest tick count

Solana‑based decentralized exchange Drift has rolled out version 3, promising trade execution speeds up to ten times faster than its previous release. The upgrade claims that roughly 85 % of market orders now fill in under half a second, while deeper...
https://t.co/Wg7bM7Nz8o
$SOL cleared out all local upside liquidity with the push above $145 The move out of this range will be explosive 🧨 https://t.co/4k8TEpsRNm

Axelar announced AgentFlux, a platform that lets AI agents execute directly on blockchain networks without relying on external cloud services. Developed by Interop Labs, the solution uses Axelar’s cross‑chain messaging to provide secure, trustless compute for on‑chain automation. AgentFlux targets...
ETH Market structure hasn't shifted yet, but if you're looking for longs ETH is the best of a bad bunch. Breakouts above $3,250 towards $3,500 are likely the best play for longs. Short trigger below $2,650 remains. https://t.co/wrdc4pA8RZ

Always great to talk to visionary Network State Founder @balajis! This time we discussed Privacy, @Zcash, and @Starknet. It was a real pleasure! https://t.co/aYMexVa144
#Bitcoin is moving upwards, as the markets have seen a low at $80K. This week is the most important one of this year, and it could provide a clear direction for $BTC going forward. Why? Watch the update here:https://t.co/7DdY84N48R
CowSwap is now powering @aave. Swap collateral or debt or repay with collateral, all in a seamless experience and best execution with MEV protection.

Simple Truth In a world of infinite digital abundance, value will accrue to verifiable digital scarcity This is not a complicated concept Bitcoin, Just Buy it https://t.co/VjU4NR0UlA
🇺🇸Wen Easing?🤔 🇯🇵Well, the Japan carry trade could very well be the canary in the coal mine and the reason we may see easing sooner than most think.. 🔥🚀 FULL BREAKDOWN👇 https://t.co/VBCq6ot4qh $BTC $ETH $XRP $SOL https://t.co/VejEoJkPz9
Projects that build while the market pulls back are the ones you should be watching... Everyone has heard of Electroneum, but are you paying attention to Electroneum 2.0?
The privacy revolution, surveillance States, and the fight for financial freedom with @0xMert_ ... Enjoy! https://t.co/1Lhcc5XlAi
Scale used to be crypto's biggest challenge. Privacy emerged lately as the most desired feature. Now, quantum computing is entering the arena. But I'm not worried about Starknet. Scale? Privacy? Post-quantum security? ZK-STARKs are the answer to all of these challenges. And Starknet is built...
One of the biggest reasons analysts were bearish on Ethereum in the past year was supposed excessive value extraction by layer 2s, as the layer 1 effectively provided data availability for free with blobs. This may now be about to change...
JUST IN 🚨 PETER SCHIFF REPLIES "I DON'T KNOW" WHEN CZ ASKS IF A GOLD BAR IS REAL EACH BITCOIN IS FULLY VERIFIABLE ✅ https://t.co/a51vklNKec
Going live with @NewsAsset and @coinbureau for another episode of NFA live https://t.co/hHdDnsBsiO
BTC There's a first sign of the bearish downtrend weakening, but I'm not rushing into longs here. 2 key levels to watch: - Potential longs around $99K - Breakdown shorts below $80.5K (same trigger) https://t.co/EgK8ZAR7Lo
I'd love to see $ETH hold this previous resistance zone as support. What does that say? Well, it does say that buyers are willing to be stepping in on higher grounds than last week and that would signal a potential rally to...
A big milestone for @CantonNetwork who are powering some of the largest TradFi players moving onchain. USDCx on Canton, made possible my Circle’s new XReserve tools allows USDC to safely and easily interoperate with apps on Canton.
VTB, RUSSIA'S SECOND BIGGEST BANK ARE TO ROLL OUT BITCOIN & CRYPTO TRADING IN 2026 MEGA BULLISH! 🚀 https://t.co/CM3CkNzEdH
NEW: BlackRock's BUIDL fund recently surpassed $500 million on BNB Chain
omg the p/s ratio of bitcoin is 17,200x that's even worse than etherium 💀☠️💀 https://t.co/dsRA9uJUTj
🚨 CONNECTICUT SENDS CEASE AND DESIST ORDERS TO ROBINHOOD, CRYPTO(DOT)COM & KALSHI, ALLEGING UNLICENSED SPORTS BETTING https://t.co/LjbYo3vhas
JUST IN: 🇷🇺 Russia's second-largest bank VTB to launch Bitcoin & crypto trading in 2026. GIGA BULLISH!! 🔥 https://t.co/ulzPRouD2P
This decides where Crypto goes next. If you want to position for the next major move, Here's my latest video with my full analysis + setups + charts. Watch now: https://t.co/2x7uOh1QUk
UPDATE 🚨 STRATEGY JUST TRANSFERRED $1B WORTH OF BITCOIN TO FIDELITY! https://t.co/WGXfxJ1a4u

OVER $5B IN SHORTS WILL BE LIQUIDATED IF BITCOIN’S PRICE RISES BY JUST $5000! 👀 https://t.co/twMTXzgAPa
All the following can be true: - L1's without traction are massively overvalued - Apps with traction are very undervalued - ETH becomes the reserve currency of the internet and attracts a large monetary premium
Sentiment down so bad we have VCs doing P/S calculations on store of value assets