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:
In this episode, BTC Inc. CEO David Bailey explains his “hijack” strategy to embed Bitcoin into the global financial system, outlining a 50‑year roadmap that envisions trillions of value creation and Bitcoin becoming humanity’s reserve asset. He details the unique challenges of running a public Bitcoin company, from stock‑price volatility and macro risk to custody and counter‑party concerns, and argues that bear markets are prime opportunities for scaling. Bailey also discusses the evolving market structure, the relevance of the traditional four‑year Bitcoin cycle, and how capital‑market mechanisms can accelerate hyper‑bitcoinization.
Wondering what to expect for Ethereum after Fusaka? 🤔 Preston Van Loon says to expect even cheaper fees. ⛽️ 💸 #crypto #ethereum #fusaka
Wondering what to expect for Ethereum after Fusaka? 🤔 @prestonvanloon says to expect even cheaper fees. ⛽️ 💸 https://t.co/o0LbOG11xc
Connecticut regulators issued cease‑and‑desist orders to Kalshi, Robinhood and Crypto.com, demanding they stop offering sports‑betting contracts that the state deems unlicensed online gambling. The orders cite violations of the state’s gambling licensing statutes and threaten enforcement actions if the platforms...
Always glad to see when people appreciate the protocol changes that add hard invariants, improving protocol security and future adaptability 2021: EIP-2929 + 3529 (SLOAD gas cost increase, refunds nerfed) 2024: SELFDESTRUCT nerf (Dencun) 2025: 16,777,216 gas per tx limit All of these put...
We're HODLing all of our shares too. @winklevosscap is a proud, long-term investor in @ABTC. Short-term investors who chase quick profits leave a lot of money on the table over the long-run. We have conviction in @EricTrump, @ashergenoot, and @mikehomk...
Larry Fink, BlackRock’s chair and CEO, described Bitcoin as an “asset of fear” at the DealBook Summit, highlighting its volatility after recent price drops. He noted a personal shift from earlier concerns about money‑laundering to overseeing the firm’s spot Bitcoin...
Bitcoin DeFi and @spark — quick story time: At @Lightspark we built Spark to fill the gaps that we determined couldn’t be filled by Lightning well. Ultra-cheap, easy, fast non-custodial Bitcoin and stablecoins support. In developing support for stables, the BTKN standard...
PeerDAS in Fusaka is significant because it literally is sharding. Ethereum is coming to consensus on blocks without requiring any single node to see more than a tiny fraction of the data. And this is robust to 51% attacks - it's...
Cryptocurrencies rallied on Wednesday, with Bitcoin and Ether reaching two‑week highs as investors priced in a more expansionary Federal Reserve stance. Weak U.S. labor and consumer data have heightened expectations of fresh stimulus, boosting demand for scarce assets despite lingering...
Ethereum’s Fusaka upgrade is LIVE less than six months after Pectra. In this guest episode of @Unchained_pod, @prestonvanloon joins @christine_dkim to dig into: 🧏 What Fusaka means for Ethereum users and layer 2 developers 🤔 How the faster timeline impacted layer 2 and...
Pretty strong start of the month, and I think we haven't seen anything yet. I do think that we'll see a test at $100K for #Bitcoin. I also think that we're going to witness more strength on $ETH vs. $BTC,...
Ethereum has rolled out the Fusaka upgrade, introducing the PeerDAS system to boost network capacity. PeerDAS enables the blockchain to handle a higher volume of transactions while maintaining low gas fees. The upgrade follows a series of scalability improvements, including...
Crypto merger‑and‑acquisition activity surged to a record $8.6 billion in 2025, encompassing 133 deals—the highest ever by count and value. Coinbase topped the league with six acquisitions, highlighted by a $2.9 billion purchase of derivatives platform Deribit. Ripple and Kraken each pursued...
Bitcoin’s price hovered near $94,000 on Dec 3, 2025, just above the estimated production cost derived from difficulty regression and network valuation models. Analysts place the fair‑value benchmark at roughly $92,300, indicating the market is trading within a narrow band of...
Class action suits against crypto companies are piling up fast. In this episode of DEX in the City, hosts @TuongvyLe12, @kkirkbos & Jessi Brooks break down: 😬 Why class action suits may be more dangerous for crypto than enforcement actions 😅 Is Kalshi...
Just recorded an episode with one of the key architects of Gary Gensler's crypto policy 2-hours on one question: What was the Gensler SEC thinking? He was an open book, felt like the first time we've had transparency Crazy thing is -...
Solana Mobile announced it will issue its native SKR token in January 2026 with a fixed supply of 10 billion units. The distribution plan earmarks 30% for community airdrops, 25% for growth initiatives, and 10% for liquidity and launch support, with...
$ETH Ethereum has been successfully finding support at its historical Weekly CME Gap (orange) over the past 2.5 weeks #ETH #Crypto #Ethereum https://t.co/nsdxOhgk7S
What if I told you this entire push to sub $0.1M was completely manufactured? https://t.co/UYWW29gDMg
Coinbase announced pilot programs with several major U.S. banks to issue and settle transactions using its stablecoin. CEO Brian Armstrong warned that banks which fail to integrate stablecoin infrastructure will be "left behind" as the crypto market matures. The partnership...
Insane Black Friday Deal For Ledger Wallets Secure your coins now and get FREE BITCOIN! $80 BTC Voucher with Ledger Stax™ $70 BTC Voucher with Ledger Flex™ 50% OFF all Ledger Nano X™ colors Grab your Ledger wallet here!👇 https://t.co/zJiUPbsD01 https://t.co/l1JmV5uM1V
My December macro newsletter is now available. It discusses the debasement trade, changing macro conditions, and the large dislocation between the economy and markets. https://t.co/jKRb3SH87p https://t.co/jEkATjtLhU
Polymarket has rolled out a mobile app for sports and proposition markets after securing approval from the U.S. Commodity Futures Trading Commission. The launch marks the platform’s re‑entry into the United States under explicit federal oversight. By operating as a...
Ethereum's Fusaka hard fork is now live. That's the second major Ethereum upgrade this year - Pectra shipped in May. Two major Ethereum upgrades this year is a huge win. I haven't seen builder momentum this strong since the merge in 2022. No signs...
HUGE 🚨 US BANKS ARE USING COINBASE TO ROLL OUT STABLECOIN PAYMENTS, CUSTODY SERVICES & TRADING https://t.co/5royH7GiBN
Bitcoin surged 5.81% on Tuesday, its strongest daily gain since May 8, forming a bullish engulfing candle on the daily chart. The move created a higher‑high, higher‑low pattern, suggesting sellers are losing momentum after a liquidity sweep below $84,000. Traders now...
"Probabilistic finality" is an oxymoron.
Is this the biggest Bitcoin milestone ever? h/t @AdamBLiv @CryptosR_Us https://t.co/wboagmBnjL
The U.S. Securities and Exchange Commission issued warning letters to ETF providers Direxion, ProShares and Tidal, demanding they curb leverage above the 200% limit set by the Investment Company Act of 1940. The letters halt pending applications for 3‑5× crypto‑leveraged...
LATEST 🗞️ CHARLES SCHWAB TO OFFER BITCOIN TO CLIENTS IN 2026 https://t.co/j5v8IY9H2e
Join me at Strategy World 2026 for Bitcoin for Corporations at the Wynn in Las Vegas on February 24-25th! Use code HODL for Discounted Passes. Link in thread. https://t.co/WkqqAFN3sC
Say hello to Bitcoin DeFi on @spark via @flashnet. And that’s a badass video too…
$ZEC is bouncing after pulling back 60% from its high It's up 20% so far today 📈 https://t.co/O5BN7gLTrJ
"If you go back to DeFi summer, it (gas fee) used to be $500 to claim your $SNX staking rewards" - @kaiynne on ETH gas fee https://t.co/2fYqdV5qt7
#Bitcoin Dominance to soar again? https://t.co/DguWfUeSQ2
"The entire reason why we went to this L2 scaling roadmap was that the L1 was so congested...and now we are in this situation where an ETH transaction must be down to cents now" - @kaiynne on ETH gas fees https://t.co/2fYqdV5qt7
U.S. spot XRP ETFs have logged 12 straight days of inflows, reaching ~$844.9M, making them the fastest-growing major crypto ETF category. Institutional demand is accelerating, with firms like Invesco and Franklin Templeton filing to list XRP ETFs as inflows outpace BTC,...
Soooo they dumped the market then Charles Schwab, Vanguard and Bank of America all roll out crypto to their clients in the same week. What a happy coincidence
Great day 1. Feeling a little nervous debating @PeterSchiff tmr. Bitcoin have so many advantages over gold. It should be such an easy debate. Hope I don't fumble this. 🤣
LIVE: Ethereum’s Fusaka Upgrade: Is It Really That Good? https://t.co/2fYqdV5YiF
🎅December Santa Rally?🔥🚀 w/@datadashpro @Datadash01 WATCH NOW👉https://t.co/dGzfGlMKR8 $BTC $MSTR $ETH $SUI $ADA $UNI #SILVER https://t.co/APRuC2OZgm
Pleased to announce that @FrankieIsLost has been promoted to General Partner at Paradigm Frankie is deeply crypto/internet-native, beloved by the founders he works with, and is a triple threat: investor, researcher, and engineer Congrats Frankie!
JUST IN 🚨 BLACKROCK SAYS BITCOIN AND CRYPTO ADOPTION WILL ACCELERATE DUE TO GROWING US DEBT https://t.co/5KfIL86cxi
Bank of America allows wealth advisers to advise a 1-4% allocation in $BTC from January 1st, 2026. I'm sure these people will wait until the 4-year cycle bottom is in before they start allocating their assets.
Congrats to Ian and team! Seamless USDC business accounts and payments with both fiat and crypto interop in the background presents a great UX!
The way the Zcash community develops and decides on controversial potential protocol upgrades is the best.
The full conversation on Bitcoin Treasuries with @Maj8319 and @PeterMcCormack exploring how banks evolve in a hyperbitcoinised world. https://t.co/Zyq2BZ6v03
Looking to trade Bitcoin or Altcoins? WEEX has a 50% deposit bonus. Access it here 👇 https://t.co/YSpDrijDsv DYOR. Not financial advice. https://t.co/JC1mMigiTM
BREAKING: Michael Saylor's MicroStrategy to DUMP 650K Bitcoin in 3-Year Crypto Apocalypse? Insane $57B Holdings at Risk! https://t.co/ShzaIGhvAY