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:
Internet Computer (ICP) token slipped 7.3% in 24 hours, breaking the critical $4 support level and sinking to $3.66. The breakdown was accompanied by a volume surge of 1.83 million tokens, roughly three times the typical daily average, pushing total 24‑hour volume to 6.85 million. After the plunge, price found a narrow base between $3.55 and $3.65 before edging back to $3.69‑$3.70. Technical charts now show lower highs and a new resistance zone at the former $3.99‑$4.00 band.
BONK, the Solana‑based memecoin, dropped 9.32% to $0.000008805 over the past 24 hours, sinking to fresh cycle lows. The decline accelerated after the token breached the $0.00000936 support level, with trading volume surging to 144% above its recent average. Despite...

In July 2024, the Fed cut rates while the BOJ raised rates, leading to the unwind of the carry trade. Bitcoin capitulated into it, and found a low 1 week later. Good chance this happens again on December 10th (Fed cuts, BOJ...

Bitcoin miners are confronting the toughest margin environment in the sector’s 15‑year history as hashprice plunged from $55 to $35 per petahash per second. The drop follows Bitcoin’s price correction from a $126,000 peak to below $80,000, squeezing revenue and...

The U.S. government has launched a security review, dubbed Operation Red Sunset, into Bitmain, the Chinese firm that supplies the majority of Bitcoin mining rigs worldwide. Investigators are probing whether Bitmain’s hardware can be remotely controlled for espionage or to...

European law‑enforcement agencies, led by Europol and supported by Swiss and German police, dismantled the cryptocurrency‑mixing service Cryptomixer. The operation seized the cryptomixer.io domain, three servers, roughly 12 terabytes of data, and about $29 million worth of Bitcoin. Authorities allege the platform...

Canada is moving toward a regulatory framework for Canadian‑dollar‑backed stablecoins, mirroring recent U.S. legislation. Scotiabank argues the rules will have minimal impact on domestic financial markets, emphasizing that the primary benefit lies in modernizing payments. The bank highlights potential gains...
The past months have provided a lot of tests for asset managers within the Web3 ecosystem. The upcoming month will be no different, with a lot of macroeconomic events coming up that are going to influence the direction of the markets. Overall,...

Upbit disclosed that on November 27 it suffered unauthorized withdrawals of approximately $36 million worth of Solana tokens from a hot wallet. CEO Oh Kyung‑seok quickly assured customers that the exchange would cover the loss using its own holdings, stating there...

Ethereum layer‑2 Eclipse integrates Solana’s parallel SVM runtime with Ethereum settlement, creating a deterministic, lane‑based execution model. The platform isolates fee markets per lane, reducing congestion spill‑over, and employs ZK‑accelerated fraud proofs powered by RISC Zero instead of traditional optimistic...

Why was I bearish at $93K? When the HTF market structure is creating lower highs and lower lows, I like to trade in the direction of that trend. I didn’t try to predict anything at 93K. I simply followed this logic: - Is...
The CoinDesk 20 index slipped 7.3% to 2,722.81 as Bitcoin (BTC) dropped 5.7% on Dec 1, 2025. Bitcoin Cash (BCH) was the next biggest loser, shedding 4.8%, while the broader basket saw every asset in negative territory. The worst performers were...
U.S.-listed spot Bitcoin ETFs endured a harsh November, logging roughly $4.3 billion in net redemptions across twelve funds. The outflows reflected a broader crypto market slump and macro‑economic headwinds. In the final days of the month, the funds reversed course with...
The GENIUS Act, signed on July 18, establishes a regulated framework for U.S. dollar‑pegged stablecoins, obligating issuers to hold 1:1 reserves in cash and short‑term Treasury securities. By tying reserve assets to Treasury bills, the law effectively turns stablecoin issuers into...
Bitcoin experienced its first monthly MACD rollover of the current cycle, a technical signal often preceding bearish moves. Combined with on‑chain data showing declining activity, analysts now project a deeper pullback, lowering price forecasts to the mid‑$60,000s. The market could...
Polkadot (DOT) tumbled 11% on Dec 1, sinking from $2.27 to $2.02 and breaching the $2.05 support level. The decline was accompanied by a volume spike of 280%, reaching 14.6 million tokens, which underscored aggressive selling pressure. Technical analysis now marks $2.00...

Filecoin (FIL) slumped more than 10% in a single day, trading at $1.46, outpacing the broader crypto market decline. Volume spiked 32.7% above the seven‑day moving average, indicating aggressive selling pressure. Technical analysis shows the token breached the $1.58 support...
Dan @DTAPCAP, you’re a great macro thinker, but tech platforms and gold are not the same asset class Bitcoin absolutely has monetary network effects. I’m not out here comparing BTC to social apps. BTC is a monetary commodity, a social construct...

Terminal Finance, an Ethena‑incubated decentralized exchange, cancelled its launch after the Converge mainnet failed to go live. The project had secured $280 million in pre‑deposits from over 10,000 wallets via its “Root Access” campaign. The team announced on X that it...
Crucial question for $ETH is whether it will break the 20-Day MA. If that breaks, then we're eager for upside, but given the recent rejection, we can assume that we're going to consolidate some more. In that case, if there's another test...
$BCH No reclaim of resistance means no buy trigger. https://t.co/iN8RE0H7bu

Yearn Finance’s yETH LST stableswap pool on Curve was hit by a flash‑loan attack that minted unlimited yETH shares, draining the pool in a single transaction. The exploit transferred roughly $3 million worth of ETH to the Tornado Cash mixer in...
#Bitcoin Probably due for more chop around here. Catch both sides trying to catch the next big move and nobody wins. https://t.co/eos3gzW7xf

BREAKING 🚨 ALMOST $800M HAS BEEN LIQUIDATED FROM THE MARKET FOLLOWING BITCOIN'S DROP TODAY https://t.co/vPfZgVaHxm
CoinShares announced the withdrawal of three pending filings: a spot XRP exchange‑traded product, a Solana staking offering, and a Litecoin‑based ETF. The moves come as the U.S. Securities and Exchange Commission intensifies scrutiny over digital‑asset securities and market volatility spikes....
See you at @SolanaConf! I'm excited to talk about how NEAR Intents are bringing unstoppable liquidity to the @solana ecosystem. https://t.co/tfZiTuu5YB
Every new bull run starts with a final capitulation day on #Altcoins and #Bitcoin. We've had multiple, but today is another one. Just sweep the lows and get over it, that would be great.

ETHEREUM IS MELTING 📉 ALMOST 9% DOWN https://t.co/WEZ0rPP8IY
In 2019, Bitcoin topped 36 days before QT officially ended (Top June 26th, QT ended August 1st) In 2025, Bitcoin topped 56 days before QT officially ended (Top Oct 6th, QT ended December 1st)
$PWR Looks like an evening star reversal pattern in progress pending daily close https://t.co/9IRS0uLIOj

QT ends today 87.4% odds for a 25bps cut coming in 10 days Stimulus checks coming in 2026 All the bullish news you could ever want And yet the crypto market is in extreme fear 🤷🏻 https://t.co/KlYihA9VX8

#BITCOIN DROPS BELOW $84,000🚨 https://t.co/biFmajssMG
$ZEC Almost to goblin town. I hope the people posting that they were loading up the last couple weeks were just doing so for engagement and not actually buying. https://t.co/q4LqEVUvKj

BITCOIN JUST DROPPED BELOW $85,000 👀 https://t.co/AdlGvLPW9j

Nibble nibble. $ZEC on sale. https://t.co/lZKx9OeTdn
Solana Similar to BTC, the mean reversion trade played out. Two scenarios I'm watching: - $125 for breakdown shorts - $145 for breakout longs (not preferred) Ignoring every other setup for now. https://t.co/hY95wiSNWJ

Yearn Finance was exploited. Bitcoin is $86,000 "I'm monitoring the situation."
A massive day of news for @TheMCGAOfficial – the process continues, and now with the appointments of two proven digital asset and capital markets leaders for CEO and CFO. Full steam ahead $MCGA $CRO. Read all the latest at https://t.co/hKjzjeEe9z.
POLL: After 3 years, the FED will finally end QT today. 👉Will crypto rally in December? $BTC $ETH $SOL $XRP
SOLANA TO $1,000 BY JULY 2051
Entire Multicoin team will be at Breakpoint. DMs are open for the entire team, lets catch up!
USDT market cap is showing a weekly MACD death cross This usually signals weakening buying pressure and has led to 15–21% Bitcoin dumps in the past. If the pattern holds, we could see more downside. Watching closely. https://t.co/4d66eyCtVY
I just wish, hope, and pray that MSTR is not the LUNA of this cycle. Another public, but this time, Wall Street–retail-entangled death spiral is the last thing this industry needs. Hoping Saylor can pull some Wall Street voodoo magic.
Little bit of a waiting game here, but the structure remains fine. Daytrading the volatility on $STBL has been good, and it's just a matter of days/weeks before this breaks the 20-Day MA. Upside is then, still, $0.18-0.20. https://t.co/1jffuVxcUu
I miss the days of investing $10,000 into an Altcoin Wake up the next day, cash in $1,000,000 Invest in $10,000 in 100 Altcoins Wake up, cash in $100,000,000 Believe it or not, there was a time 4 years ago when this was possible
Latest News Block dropped early this morning following the biggest economic and Bitcoin developments. Your weekly news update in just 10 min. https://t.co/gcXvQqDxDY
JUST IN 🚨 JIM CRAMER COMMENTS ON THE MONDAY MARKET DUMP, STATING "IT'S ABOUT BITCOIN" MORE SO THAN OTHER FACTORS https://t.co/VxpTeXVO14
#BITCOIN IS DUMPING!! RED OR GREEN THIS MONTH? WATCH NOW https://t.co/gVBX60ktdc https://t.co/CuUPJpTxDX
$MSTR announces the formation of a $1.44 billion USD Reserve and an increase in its BTC Reserve to 650,000 $BTC. https://t.co/e1tAhDUo9G

UPDATE 🚨 The price of Solana is currently at $126.23 -Holding $120–125 support -RSI 36 (nearing oversold) -MACD flattening -Price at lower Bollinger $SOL needs to break $144 for a potential reversal towards $150-155 If...