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:
VanEck has removed any reference to staking Binance Coin (BNB) in its updated S‑1 filing for a proposed spot BNB ETF, stating the trust will not earn staking rewards and may never engage in staking activities. The change follows earlier filings that allowed staking and comes as the firm launched a Solana ETF that does offer staking yields. VanEck cited regulatory uncertainty, noting that a future SEC or court ruling that BBN is a security could force the fund’s dissolution, and therefore it is avoiding staking to mitigate compliance risk. The filing warns investors that the ETF’s performance could lag a direct BNB holding because they will forgo potential staking income.
Great bounce upwards from $SUI yesterday. I think that this one will be outperforming many assets, as people tend to go back to the ones that have been performing over the past few years. Higher timeframe support, lowest valuation for $SUI in...
Someone (can't remember who, sorry!) said (more or less) this very true sentence: Blockchain is a terrible technology. It's complex, and slow, and expensive. It does everything bad, except(!) for allowing decentralize control of the network. Today, we can build solutions to...

Tokyo‑listed Metaplanet, a Bitcoin treasury firm, drew an additional $130 million from its $500 million Bitcoin‑backed credit facility, bringing total borrowings to $230 million. The loan, executed on Friday, will be used to purchase more BTC, fund its Bitcoin income program and potentially...

The memecoin market is entering a subtle inflection point as traders navigate a fragmented landscape of chain-specific hype, shifting from Solana to Base and other public blockchains. Consolidation is underway, with investors seeking broader, cross‑chain opportunities rather than isolated "island"...

Bitcoin’s price decline in November was overwhelmingly driven by activity during U.S. trading hours. While the cryptocurrency showed relative stability in Asian markets and modest softening during the European session, the bulk of the month’s losses materialized when U.S. equity...

I'm still trading $STBL (and are breakeven on it, yikes). Anyways, the trend is still down, but it's attacking the resistances here. I'd rather want to see it break through the daily 20-MA and start tapping that liquidity. If it does that, then...

A crypto airdrop farmer identified by wallet 0x7f4e…fa7d received roughly $112,700 worth of Monad (MON) tokens and subsequently burned the entire amount on gas fees from hundreds of failed transactions, according to Solscan data. The user likely used an automated...

Bitcoin surged back above $87,000 on Tuesday, buoyed by a renewed risk appetite and a robust equities rally, pulling major altcoins higher in the process. The price rebound follows a recent correction that had seen Bitcoin dip below $80,000, marking...

JPMorgan Chase closed the personal accounts of Jack Mallers, CEO of Bitcoin Lightning‑network payments firm Strike, without providing a reason, reigniting fears of a renewed "Operation Chokepoint 2.0"—alleged government pressure on banks to cut ties with crypto firms. U.S. Senator...
Solana ETFs attracted $369 million of net inflows in November, contrasting sharply with Bitcoin ETFs’ $3.7 billion and Ether ETFs’ $1.64 billion net redemptions over the same period. The surge reflects investors treating SOL as a yield‑generating asset, buoyed by native staking rewards...
Metaplanet, a Japanese firm specializing in Bitcoin investments, secured a $130 million credit facility to fund additional Bitcoin acquisitions. The new borrowing expands the company's existing financing framework, which already supports its aggressive crypto‑asset accumulation strategy. The facility, provided by a...
The United Arab Emirates has enacted Federal Decree Law No. 6 of 2025, a central‑bank statute that brings decentralized finance (DeFi) protocols, Web3 middleware and infrastructure providers under the regulatory umbrella of the Central Bank of the UAE. Effective Sept. 16, 2025,...
Grayscale’s Dogecoin ETF (GDOG) launched on the NYSE Arca on November 24 but recorded zero net creation units on its first trading day, indicating no investor inflow. The debut highlights a lack of demand for a regulated vehicle that offers...
A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.
Derivatives data indicate that Bitcoin's bearish bets have surged, but a sudden drop in open interest and a price rally above $87,000 suggest the market may be approaching a short squeeze. Funding rates have turned more favorable for longs, hinting...
Excellent thread! 💯 The current crypto tax framework in India has failed to achieve any of its stated objectives. And even if the government isn’t looking to actively promote the sector, at least let’s not push the activity, innovation, talent and...
@jt_developer every prop AMM is different, they quote however they want
Monad’s debut on the market highlighted the outsized influence of low‑float token launches on valuation, as its price surged despite a broader decline in Bitcoin and crypto sentiment. The token’s limited supply anchored its fully‑diluted valuation (FDV), exposing the flaw...
.@elonmusk gets it He understands that Bitcoin is the settlement layer of the Digital Age Jamie Dimon doesn’t get it He rails against Bitcoin while sovereign nations and the world's smartest investors are accumulating Who would you rather follow?
Just what this bull market needs another low float , high FDV useless L1. But obvi I aped. It’s a bull market bitches! $MON to $10 https://t.co/UMSDWWmp5a
KuCoin, a major offshore cryptocurrency exchange, has completed registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to legally operate in Australia and will now offer fiat on‑ramps for local users. The move comes amid heightened regulatory scrutiny, as...
Left Button: Trust the Central Bankers who created the problem Right Button: Trust the Math of Bitcoin Which one are you pressing? This is the entire thesis https://t.co/6SwjEdiUzj
Unpopular Opinion: 30% drawdowns in Bitcoin are a blessing They wash out the leverage, the tourists, and the weak hands Moving BTTC into strong hands makes the network better The deeper the discount, the faster you accumulate ownership of world’s most valuable network Agree?
Dogecoin surged 5% following the debut of a dedicated exchange-traded fund, marking the first clear reversal signal for the memecoin in weeks. Analysts noted the ETF launch as a pivotal moment for memecoin legitimacy, with early trading volume estimated at...
Institutional assets meeting composable yield is a big step. @Securitize the platform behind tokenised products for names like BlackRock and VanEck are bringing assets into Nest! This is a strong signal for where this ecosystem is heading.
Ethereum Breakdown level: $2,650 -> Targeting $2,400 If the price pumps higher into resistance, I'll be looking for mean-reversion shorts. Use my Fibonacci Retracement Strategy Builder cheatsheet if you want to learn how to trade this: https://t.co/gHU5zUqDAM
XRP rallied 7% in its strongest breakout in weeks after the launch of Ripple-linked exchange-traded funds, pushing the cryptocurrency into a key descending channel that technical analysts view as a bullish pattern. The price surge was driven by renewed investor...
The @XFounders_camp team is the best bad ass team for crypto founders, we love working with them, and this is an amazing suggestion!

BLACKROCK JUST SENT 4,471 BITCOIN WORTH $390.8M TO COINBASE! THE SELLING CONTINUES 👀 https://t.co/auJ2VDbsJK
The strategy bets on a measured rally into the year-end, rather than a record-breaking surge.
@gazza_jenks @BitcoinRachy $300K house, sell property, invest in Bitcoin
@MikeIppolito_ I have been a happy customer of vaults for a long time!
An anonymous trader dubbed the “OG Whale” or “$10B HyperUnit Whale,” who earned roughly $200 million from shorting the October 10 crypto crash, has increased a long position in Ether to $44.5 million, adding $10 million on Monday, according to Arkham Intelligence. The...
2-Tier Alert System If you don't want to stare at charts all day, start using this alert system (Bookmark this)👇 https://t.co/mXAJUgNSdF
My baby @BitMEX is 11. Join the party #BitMEXLegends https://t.co/6SOzZhxunT https://t.co/H0U76XLpIl
Crypto‑focused venture capital investment surged to $4.65 billion in Q3, marking the second‑largest funding round since the FTX collapse and a 290% quarter‑on‑quarter increase. The $4.65 billion was spread across 414 deals, but seven deals—including Revolut’s $1 billion round, Kraken’s $500 million, and Erebor’s...
BULLISH 🚨 THE FIRST U.S. SPOT $BNB ETF COULD LAUNCH WITHIN DAYS! VANECK JUST FILED AN S-1 AMENDMENT FOR IT’S SPOT BNB ETF! 🚀 https://t.co/4Z7SiCGh3r
I don't know why, but this chart is so eager to break to the upside. Probably 1-2 more days and then $ETH will break through the trend and outperform Bitcoin. https://t.co/nRMT5blaio
Aave will be the backbone of all credit. - Mortgages - Credit card loans - Consumer loans - Business loans - Sovereign debt DeFi powering the real economy.
@ImperiumPaper We didn’t say BH had a MFN clause for future rounds. We said a different investor had it for this round, which leaves open the possibility that they were wronged by BH receiving the refund right.
Good bounce upwards for $BTC. There's still a lot of levels to break through to be happy and jumping around. Anyways, find a floor here, consolidate a little, and attack the resistance tomorrow/Thursday would be the game plan. https://t.co/k2CEVR3BjI
A WALLET LINKED TO ETHENA LABS HAS BOUGHT 25M $ENA FROM BYBIT! The Wallet now holds 285M $ENA worth over $76M! https://t.co/0DoMshok2t
GOOOOD MORNING CRYPTO!!!!! ☀️☀️☕️☕️☕️ BITCOIN TRIED RALLYING YESTERDAY SADLY FAILED ANALYZING BITCOIN FAILED RALLY https://t.co/16jN1owSRB
THE BANK OF AMERICA SAYS THE ENTIRE U.S. BANKING INDUSTRY IS ABOUT TO ACCEPT CRYPTO PAYMENTS! Here we go! 🚀 https://t.co/P2l8FC1T0d
Good morning everyone, Good start of the week with the markets. Now, what's next? Probably some more consolidation, but if the markets are able to close the monthly above $90K, then that would be a strong signal that this was the...
BULLISH 🚨 Crypto VC funding reached $4.6B in Q3, the second best quarter since the FTX collapse in late 2022! Is VC faith in crypto making a comeback? 🤔 https://t.co/JWreUDrxF3
UPDATE 🚨 $2.5 TRILLION AMAZON IS HIRING A BITCOIN AND CRYPTO LEAD! THEY’RE BUILDING SOMETHING HUGE 🚀 https://t.co/iPJlfSvDuA
BITWISE $SOL ETF JUST RECORDED ITS LARGEST INFLOW EVER! $39.5M flowed in yesterday, the highest single day inflow since launch! 🚀 https://t.co/BkkNtL1IOV
UPDATE 🚨 BLACKROCK BOUGHT $92.61M IN ETHEREUM YESTERDAY! THE FIRST INFLOW FOR BLACKROCK’S $ETH ETF AFTER 2 WEEKS! https://t.co/8d7xCajKHn