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:

Brazil has secured approval under the Rouanet Law to fund an experimental orchestra that will translate Bitcoin’s real‑time price movements into live music. The project can raise up to 1.09 million reais from private donors, who receive tax deductions for contributions. An algorithm will map price data to melody, rhythm and harmony during a performance in Brasília before the end of the year. The initiative blends finance, technology and traditional orchestral art to audibly depict cryptocurrency volatility.
Legacy financial institutions are rushing to onchain. 🏃♂️ Privacy is going to be critical to their operations, Katherine Kirkpatrick Bos says on DEX in the City: #crypto #cryptopodcast #privacy
2025 was an epic year for Circle. Here's the full Circle 2025 Year in Review, including sections on: - Regulatory clarity unlocks adoption - Circle digital assets power global finance - Applications and services turning digital assets into real-world...

Gnosis chain operators executed a hard fork on Monday to retrieve assets tied to the November Balancer exploit that siphoned over $116 million. The fork follows a soft‑fork consensus reached by validators in November and aims to place recovered funds in...

Crypto market maker DWF Labs settled its first physical gold transaction, a 25‑kilogram bar, using conventional bullion custody rather than blockchain. The trade comes as gold prices surged past $4,500 per ounce, outpacing most crypto assets. DWF’s managing partner Andrei...

The IMF praised El Salvador’s faster‑than‑expected economic growth and omitted earlier calls to pause its bitcoin accumulation. The country added over 1,000 BTC in November, bringing its treasury holdings to roughly 7,500 BTC, valued at about $660 million. While the IMF noted progress on...

Bitcoin slipped about 1% to just under $88,000, pulling crypto‑related equities down 6‑16% as analysts attribute the sell‑off to year‑end tax‑loss harvesting. Open interest in Bitcoin and Ethereum perpetual futures fell $3 billion and $2 billion respectively, thinning leverage ahead of a...
"For example, you are paying your employees in some (crypto) address, have those addresses checked with tools like Chainalysis or TRM and also check where those funds are being sent. If you are hiring someone who's Canadian and lives in...

The IMF confirmed that negotiations to sell El Salvador's state‑run Chivo Bitcoin wallet are "well advanced," even as President Nayib Bukele insists the government will keep buying Bitcoin. The IMF‑El Salvador loan agreement, signed in May, requires the country to...

Russia’s central bank released a draft framework that will legalise cryptocurrency trading for retail and qualified investors, with implementation slated for 2026‑2027. The proposal caps retail purchases at 300,000 rubles per year and requires a risk‑awareness test, while qualified investors face...
YO Protocol, a cross‑chain yield‑optimization platform, now manages $62.31 million in total value locked and offers up to 7.22% APY on stablecoin deposits. The protocol issues yield‑bearing yoTokens such as yoETH, yoUSD, and the forthcoming yoGOLD, which will earn yield on...

Alex Thorn, Galaxy Digital’s global head of research, highlighted that Bitcoin never breached the $100,000 mark when measured in 2020‑dollar terms, topping out at $99,848. While the cryptocurrency’s nominal price peaked around $126,000 in October 2024, inflation‑adjusted figures tell a...

Filecoin (FIL) slipped 2.2% to $1.29, trading within a tight five‑cent range after hitting $1.33 resistance. Volume surged 180% to 7.59 million tokens, indicating heavy institutional distribution at the top of the range. Support at $1.28 held, showing continued buyer interest...

Bitcoin’s price continues its bear market even as the U.S. dollar index slides toward a multi‑year low. The DXY is hovering just above a long‑term support level dating back to the 2008 financial crisis, while gold, silver and copper have...
I really enjoyed this conversation with Strategy CEO Phong Le. We cover banks coming into Bitcoin, the company's USD reserve, recent FUD and negative sentiment about price, defending MSCI inclusion and the 2026 roadmap. You also don't want to miss Phong’s...

Flare has introduced earnXRP, a vault that lets XRP holders earn yield without selling their tokens. Users deposit FXRP, a 1:1 representation of XRP on Flare, and receive a receipt token that tracks their share and compounded returns. The vault...

Bullish crypto price action in 2026?! #crypto #bitcoin #altcoins #cryptowendyo

$DYL (per request) Looks like a HTF bottom here as long as it holds $1.50 Strong volume on range break. https://t.co/MZFYkYQ3fx

Ethena’s synthetic stablecoin USDe has lost roughly $8.3 billion in market value since the Oct. 10 liquidation event, halving its market cap from about $14.7 billion to $6.4 billion. The crash triggered a brief de‑peg to $0.65 on Binance, which the founder attributed to...

$BULL (per request) In a range but bearish structure. Needs to show some bottoming signs https://t.co/ZRJD1e7xQ0

Chillin with the crew, hashing out Bitcoin price predictions for 2026. https://t.co/dBOLcUpDZK

Amplify ETFs has launched two new exchange‑traded funds—STBQ and TKNQ—targeting the stablecoin and tokenization ecosystems. Both funds carry a 69‑basis‑point expense ratio and are listed on NYSE Arca. STBQ tracks the MarketVector Stablecoin Technology Index and holds 24 securities, including...
Legacy financial institutions are rushing to onchain. 🏃♂️ Privacy is going to be critical to their operations, @kkirkbos says on DEX in the City: https://t.co/6t7jjWaVJj
This is the only crypto exit strategy you need https://t.co/mioeAp79dN
We are sponsoring additional two weeks for Aave V4 security contest. Security researchers have now more time to go deeper into the codebase. If you haven't started looking into the Sherlock security contest on Aave V4, jump in.
BlackRock ranked its spot $BTC ETF (Ticker: IBIT) as a top three investment theme for 2025 due to strong long-term institutional inflows

7 new prediction markets just dropping on Gemini 👀 https://t.co/9MjGRGDHwz
"If you have to go with a custody provider for setting up some long-term account for future inheritance of your grandchildren, maybe go with a company that's been around for five years, or have a really good reason for going...
The US crypto and AI czar says the Golden Age is here and you're still bearish
Challenges Make Bitcoin
"We have moved away from smart contract hacks, as the industry has gotten so much better at that, but much more towards the operational side of the industry." - Isaac Patka discussing the crypto interview call hacks https://t.co/KVrO57RM8M
Just saw that @Cointelegraph was early to put the puzzle pieces together.👇Kudos “Wyoming’s crypto community is already nudging @HagemanforWY in that direction.” https://t.co/bWBeVXc5ll
"We need to make sure that the people outside this echo chamber (crypto circle) respect our industry as much as we respect it, and they don't see it as corrupt." https://t.co/KVrO57RM8M
"TradFi is not trying to kill this bill. In fact, a lot of TradFi industries are supporting the bill." - Katherine K. Bos discussing the Crypto Market Structure Bill https://t.co/KVrO57RM8M
Crypto things you might have missed: -XRP social sentiment turns negative -XRP ETFs see 6 straight weeks of inflows -BlackRock identifies $IBIT as top investment theme for 2025 -Gold records 50th high of the year -Pro-crypto Michael Selig Sworn In as 16th CFTC Chair
"They (BlackRock) mentioned that their single most profitable product line is Bitcoin ETFs. Just think about it - it's BlackRock. It's shocking how far we have come." - @kkirkbos about how the crypto industry is profitable for traditional markets. https://t.co/KVrO57RM8M
"If what he's saying is true, should that change our approach to crypto policy? and how?" - Vy @DEXintheCityPod discussing the 'Crypto Is Dead' article. https://t.co/KVrO57RM8M
"It's (current status of crypto) very much like when stocks used to be called 'internet stocks' with the advent of the internet... Obviously, that label fell away, and ultimately, they were just stocks" - Katherine K. Bos on @DEXintheCityPod https://t.co/KVrO57RM8M
Are banks beating crypto at blockchain innovation? 😬 @mcagney says the big banks are now the disruptors https://t.co/AZbLO2aJgc
Regulation Shifts as Security Becomes the Real Risk https://t.co/KVrO57RM8M
I could be completely wrong and that’s fine, But the fact every single person on the internet is totally convinced that the 4 year cycle is dead makes me think that maybe it’s not.
NEW: U.S. crypto czar David Sacks calls SEC Chair Paul Atkins and newly confirmed CFTC Chair Michael Selig a "dream team" for crypto regulation
x402 adoption is taking off, enabling $50M+ in transactions over the last 30 days. https://t.co/3fLUg0CXOs

We’re all riding the Bitcoin rollercoaster 🎢 https://t.co/h45n2QOIyU
POLL: What basket of Altcoins would you choose as "safe" choices for 2026? $ETH $SOL $ADA $SUI $AVAX $LINK $UNI
Artificial intelligence and bitcoin are the future of finance. I joined @SquawkCNBC this morning to explain. https://t.co/yXlB1yb8hw
Love to see this. Shift4 merchant POS are widely used (hundreds of thousands of merchants) and this is one of the strongest examples of USDC and EURC being usable at retail point-of-sale.
Nasdaq dancing around a new all-time high. Gold & commodities are on a tear. Rates are going down. Inflation is cooling down. But yet, $BTC is down 35% from the all-time high. I don't think I've ever seen such a big mispricing taking...
Still bullish? Yes Even with this volatility? Yes Starknet, Bitcoin, Ethereum, Zcash, and crypto in general all deliver different flavors of Freedom. That's the core of the vision, and Freedom will always be important. I will always be bullish on tech that...
NEW: Franklin Templeton’s spot $XRP ETF (Ticker: XRPZ) has surpassed 100M $XRP in holdings for the first time