Anchorage Digital Adds HYPE Staking Support Through Figment Partnership
Anchorage Digital announced that it will offer HYPE staking on HyperCORE through a partnership with validator infrastructure provider Figment, extending its regulated custody and DeFi services to the Hyperliquid ecosystem. The staking service will be available via Anchorage Digital Bank, its Singapore‑based Major Payment Institution, and the Porto self‑custody wallet, complementing existing HYPE custody on HyperEVM and enabling broader token support such as Kinetiq. The move follows recent Anchorage partnerships, including a DeFi borrowing platform, and reflects a broader industry trend of institutional custodians adding yield‑generating DeFi capabilities. Similar initiatives by Crypto.com, Coinbase, and Threshold underscore growing institutional demand for on‑chain services.
People Prefer Digital Banks over Crypto Wallets: Can a 9% Return on Holdings Change Reality?
A recent Mercuryo and Protocol Theory study finds that only 13% of the U.S. public consider Web3 crypto wallets intuitive, while 65% already use digital wallets for payments, capturing 39% of e‑commerce and 16% of in‑store transactions. Traditional digital wallets...
NFT Lending TVL Nears All-Time Lows
The NFT lending market has collapsed to roughly $8.3 million in total value locked (TVL), a 97% drop from its March 2024 peak of over $300 million, according to DefiLlama. Leading platforms have seen dramatic declines: Arcade’s TVL fell to about $300,000...
Ex-Coinbase Lawyer Announces Run for New York Attorney General, Citing Crypto Policy
Former Coinbase policy counsel Khurram Dara has officially launched a campaign to challenge incumbent New York Attorney General Letitia James in the 2026 election, running as a Republican. Dara, who previously led regulatory and policy work at Bain Capital Crypto...
Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part
Japanese digital‑asset treasury (DAT) companies listed on the Tokyo Stock Exchange are consistently trading at premiums to the underlying Bitcoin price, driven by Japan’s punitive crypto tax regime. Crypto gains are taxed as miscellaneous income at rates up to 55%...
Fanatics Enters Prediction Markets via Crypto.com Partnership
Sports merchandiser Fanatics announced a partnership with Crypto.com to launch a prediction‑markets platform within the next few weeks, according to CEO Michael Rubin on CNBC. The service will allow users to wager on outcomes of events such as sports, elections...
Bitcoin ASIC Producer Bitmain Under US Investigation over National Security Risks: Report
U.S. authorities have opened a federal probe, dubbed “Operation Red Sunset,” into Chinese Bitcoin mining hardware maker Bitmain over concerns that its ASICs could be remotely controlled for espionage or sabotage of the power grid. The investigation, led by the...
Bitcoin Drops as Yen Falls, Canada Approves Stablecoin Rules: Global Express
Japan approved a ¥21.3 trillion ($135 billion) stimulus package aimed at easing inflation, prompting concerns that increased bond issuance will further weaken the yen and could force the Bank of Japan toward a rate hike, pressuring Bitcoin lower. Meanwhile, the crypto‑themed PubKey...
GSR Expands Institutional Platform to Raise Transparency, Control in Crypto Trading
Crypto liquidity provider GSR has expanded its institutional platform, GSR One, into a unified trading and treasury system that combines market making, systematic OTC trading and treasury management. The upgrade delivers real‑time order‑book depth, custom analytics, programmatic execution tracking, enhanced...
Can Bitcoin Really Be a Store of Value? What Pension Funds Are Starting to Discover
Pension funds are beginning to treat Bitcoin as a potential store‑of‑value asset, citing its capped 21 million supply, global 24‑hour liquidity and digital durability that parallel gold’s traditional attributes. While regulators, volatility, cybersecurity and limited performance history remain concerns, funds such...
APriori Denies Insider Role as Mysterious Entity Claims Most of APR Airdrop
Web3 startup aPriori said it had no involvement in a suspicious airdrop activity in which a single entity claimed roughly 60% of the APR token distribution across 14,000 linked wallets, a pattern identified by analytics firm Bubblemaps as a Sybil‑style...
Memecoin Market Sinks to 2025 Low as $5B Wiped Out in a Day
The memecoin market plunged to its lowest valuation since early 2025, with combined market cap falling to $39.4 billion—a $5 billion loss in 24 hours and a 66.2% drawdown from the Jan. 5 peak of $116.7 billion. The sell‑off occurred despite a 40% surge in...
Snipers Made $1.3M on Jesse Pollak’s Creator-Coin Debut on Base
Two automated traders, known as snipers, extracted more than $1.3 million in profit by exploiting Base’s newly introduced “flashblocks” micro‑block system during the debut of Jesse Pollak’s creator‑coin, JESSE. The 200‑millisecond flashblocks let bots spot the token‑deployment transaction and submit high‑fee...
SoftBank’s PayPay Changes the Game for Binance Japan Users
SoftBank-owned PayPay is integrating its PayPay Money e‑money service with Binance Japan, allowing users to fund crypto purchases and withdraw crypto directly to PayPay Money with a minimum transfer of 1,000 yen. The integration follows PayPay’s 40% stake acquisition in...
Yen Slump Is Bullish for BTC and Risk Assets. Or Is It?
The Japanese yen has plunged to a 157.20 per‑dollar low, sparking expectations of Bank of Japan intervention and raising questions about its traditional role as a cheap funding currency for risk‑on trades. While a weak yen historically fuels carry‑trade flows...
Bitcoiners Lose Their Mind After Scott Bessent Walks Into a Bitcoin Bar
U.S. Treasury Secretary Scott Bessent made an unannounced appearance at the opening of Pubkey, Washington’s first Bitcoin‑themed bar, prompting enthusiastic reactions from the crypto community. Bessent, viewed as crypto‑friendly after supporting recent digital‑asset legislation and exploring a strategic Bitcoin reserve,...
Asia Morning Briefing: ZEC's Rally Outpaces What Transparent Onchain Data Can Explain
Zcash (ZEC) has outperformed Bitcoin and Ethereum this year, but transparent on‑chain metrics show no broad user‑base expansion. The only visible transaction surge came from the short‑lived Zerdinals inscription wave, which pushed daily transparent transactions above 70,000 before reverting to...
Bitcoin Won’t Hit $200K Until Q3 2029: Veteran Trader Peter Brandt
Veteran trader Peter Brandt warned that Bitcoin is unlikely to reach $200,000 before the end of 2024, projecting the next bull market to push the cryptocurrency to that level around Q3 2029. His timeline contrasts sharply with more aggressive forecasts from...
Tom Lee Speculates Wounded Market Makers Behind Crypto Crunch
Tom Lee, chairman of BitMine and co‑founder of Fundstrat, told CNBC that the recent crypto market slump is likely driven by balance‑sheet holes at market makers that were exposed by the Oct. 10 crash, which liquidated roughly $20 billion. He said the...
Crypto Coin Minute for November 21st, 2025 at 05:15 AM Pacific Time.
The post highlights three recent crypto-related news items: a UK fraud investigation into a collapsed $28 million crypto fund resulting in two arrests, Bitcoin slipping below $90,000 which raises fears of further price drops, and a $2 trillion reversal in the S&P 500...
Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks
Jefferies reports that stablecoin issuer Tether has amassed at least 116 tons of gold, making it the largest non‑sovereign holder and comparable to small central banks. The bullion, valued at roughly $15 billion, includes 12 tons backing its XAUt token and 104 tons backing...
MegaETH Announces $250 Million Pre-Deposit Campaign
Ethereum Layer‑2 project MegaETH will launch a limited‑access pre‑deposit bridge on November 25 for users who registered for its ICO via Sonar, allowing unlimited USDC deposits that will be minted into the native stablecoin USDm in partnership with Ethena. The...
Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty
More than 60 crypto industry groups, led by the Solana Policy Institute and joined by the Blockchain Association, Digital Chamber, Crypto Council for Innovation and firms such as Uniswap, Paradigm and FalconX, sent a letter to President Donald Trump urging...
Ex-Prosecutor Denies Promising Not to Charge FTX Executive's Partner
U.S. attorney Danielle Sassoon testified that her team would likely cease investigating former FTX Digital Markets co‑CEO Ryan Salame if he pleaded guilty, a statement she made during an evidentiary hearing in the Southern District of New York. Salame received...
SEC to Hold Privacy and Financial Surveillance Roundtable in December
The U.S. Securities and Exchange Commission’s Crypto Task Force has scheduled a privacy and financial surveillance roundtable for Dec. 15, bringing together crypto executives and regulators to discuss industry pain points without committing to policy changes. The meeting comes amid...
Dinari Integrates LayerZero to Offer Cross-Chain Access to Tokenized U.S. Equities
Dinari announced the integration of LayerZero’s Omnichain Fungible Token (OFT) protocol, allowing its tokenized U.S. equities—called dShares—to be traded and settled across multiple blockchains. The rollout initially spans four chains and 200 U.S. stocks, backed 1:1 by the underlying securities,...
Polymarket Seeks $12 Billion Valuation After Record-Breaking Month
Polymarket is pursuing a new funding round that would value the decentralized prediction‑market platform at $12 billion after posting record trading volumes of over $3 billion in October and an expected $3.5 billion in November, driven in part by the NYC mayoral election...
Andrew Tate Loses Everything on Hyperliquid: Inside His Leveraged Crypto Liquidation Meltdown
Andrew Tate deposited $727,000 into the crypto derivatives platform Hyperliquid and, without making any withdrawals, lost the entire amount through a series of high‑leverage liquidations that culminated on Nov. 18 when his balance hit zero. Over roughly a year he...
Bitcoin for Taxes? Proposed Bill Would Let Americans Pay the IRS in BTC
Representative Warren Davidson (R‑OH) introduced the Bitcoin for America Act, which would let U.S. taxpayers settle federal taxes with Bitcoin. Payments made in BTC would be exempt from capital‑gains tax and would be deposited into a newly created Strategic Bitcoin...
Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback
AVAX One, an Avalanche‑focused digital‑asset treasury firm backed by Anthony Scaramucci, announced that its board has authorized up to $40 million of common‑stock repurchases. The buyback program will be executed at the company’s discretion to address a roughly 70 % drop in...
Bitcoin For America Act Would Allow Tax Payments in BTC
Rep. Warren Davidson (R‑Ohio) introduced the Bitcoin For America Act, which would let U.S. taxpayers settle federal taxes with Bitcoin at the market price at transfer, exempting them from capital‑gains tax. All Bitcoin collected would be deposited into a Strategic...
Coinbase Launches ETH-Backed Loans as Onchain Lending Tops $1.25B
Coinbase has introduced Ether‑backed loans for U.S. customers, letting users borrow up to $1 million in USDC against their ETH holdings on the Base network, with rates that vary based on market conditions. The product, built with DeFi protocol Morpho, joins...
Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America
Latin American crypto exchange Ripio disclosed a cryptocurrency treasury exceeding $100 million, making it the second‑largest publicly known digital‑asset treasury in the region after Brazil’s OranjeBTC. The holdings, primarily bitcoin and ether, have been acquired since 2017 and are managed through...
Ray Dalio Still Owns Bitcoin, but Says Traceability and Quantum Threat Are Concerns
Bridgewater founder Ray Dalio confirmed he maintains roughly a 1% allocation to Bitcoin, a stake he has held for years. He warned that Bitcoin’s public ledger and potential susceptibility to quantum‑computing attacks make it unlikely to become a global reserve...
India’s Government May Consider Stablecoin Framework, Diverging From RBI
India’s finance ministry is set to propose a regulatory framework for stablecoins in its upcoming annual report, signaling a potential shift from the Reserve Bank of India’s cautious stance on crypto assets. RBI Governor Sanjay Malhotra reiterated the central bank’s...
ICP Breaks Below Key Support as Volume Surges at Resistance Test
Internet Computer (ICP) slipped below the $4.95 support level and is now trading around $4.80, despite a modest 0.75% gain in the last 24 hours. A volume spike of 5.63 million tokens—85% above the daily average—coincided with a failed push above...
The Rise of Crypto Treasuries: How One Bet Sparked a Corporate Shift
In 2020 Michael Saylor redirected MicroStrategy's $500 million cash reserve into bitcoin, creating the first corporate crypto treasury and sparking a wave of similar strategies after the SEC approved spot bitcoin and ether ETFs in 2024. Companies ranging from healthcare firm...
Bitcoin Downtrend Accelerates, but Traders Eye Short Liquidity at $100K
Bitcoin has broken below the $90,000 support level, accelerating its downtrend as price action slides toward the $80,000 range. Technical charts show bearish momentum, with the next key resistance zone identified between $98,000 and $100,000, where short sellers are expected...
BONK Holds Range as Heavy Volume Marks Key Support Retest
Solana memecoin BONK remained confined to a narrow consolidation band, trading around $0.000009922 and slipping 0.7% after a volatile two‑day swing. A volume surge of 1.68 trillion tokens—91% above the 24‑hour average—validated an initial breakdown at $0.0000102 and helped establish a...
SEC Enforcement Actions Dropped 30% Under Paul Atkins: Report
A Cornerstone Research report shows that SEC enforcement actions fell about 30% in fiscal 2025 under Chair Paul Atkins compared with fiscal 2024, continuing a pattern of declines after leadership changes from Gary Gensler. The drop includes fewer crypto-related investigations,...
Huge $100 Billion Crypto Listing Stampede Started by Kraken’s Stealth IPO Filing
Kraken filed a confidential S‑1 on Nov. 19, joining a wave of crypto‑focused firms such as Circle, BitGo, Gemini and Grayscale that are seeking public listings, a coordinated IPO cycle estimated to represent up to $100 billion in market value. The...
Ethereum’s Fusaka Upgrade Signals New Era for Value Accrual: Fidelity Digital Assets
Fidelity Digital Assets says Ethereum’s upcoming Fusaka hard fork, slated for December, marks the blockchain’s most value‑driven roadmap to date, consolidating consensus and execution layer changes to boost layer‑1 scalability and usability. Analyst Max Wadington argues the upgrade signals a...
Crypto for Advisors: Crypto Indices Explained
CoinDesk’s “Crypto for Advisors” newsletter featured WisdomTree’s digital‑assets research director Dovile Silenskyte explaining how crypto index design—asset selection, weighting, rebalancing, and data governance—determines trust, transparency, and the viability of institutional products. She highlighted that unlike equity indices, crypto indices must contend...
Core Foundation Wins Injunction Against Maple Finance on Alleged Confidentiality Breach
Core Foundation secured an injunction from the Grand Court of the Cayman Islands prohibiting Maple Finance from launching its own liquid‑staking token, syrupBTC, or dealing in CORE tokens while arbitration proceeds. The foundation alleges Maple breached exclusivity clauses and misappropriated...
Solana ETFs Post Second-Biggest November Inflows as Demand Grows During Downturn
Solana spot ETFs have recorded a 17th consecutive day of net inflows since their debut on Oct. 28, adding $48.5 million on Wednesday and bringing cumulative inflows to $476 million, the second‑largest daily addition in November. The inflow streak is the longest...
Crypto Market Holds Steady as Traders Digest Delayed US Jobs Report
Crypto markets remained largely flat on Tuesday, with Bitcoin hovering around $91,000—a 0.5% dip in 24 hours and an 11% decline for the week—while Ethereum slipped 1.4% to just above $3,000. The Crypto Fear and Greed Index stayed in extreme‑fear...
Securitize Leverages Plume to Expand Global Real-World Asset Reach
Securitize announced a partnership with modular RWA‑focused layer‑2 blockchain Plume to launch its institutional‑grade tokenized funds on Plume’s Nest staking protocol, linking the assets to Plume’s network of over 280,000 real‑world asset holders. The collaboration, which begins with Hamilton Lane...
Securitize to Launch Institutional Assets on Plume’s Nest Protocol
Plume, a real‑world asset finance blockchain with $159 million TVL, announced that tokenization platform Securitize will deploy institutional‑grade assets on its Nest staking protocol. The rollout will begin with Hamilton Lane funds, targeting $100 million in capital and expanding to additional issuers...
Aztec Launches Decentralized and Private Ethereum L2 on Mainnet, Almost
Ethereum layer‑2 Aztec launched its "Ignition" mainnet on Wednesday, delivering a fully decentralized consensus chain that can produce blocks but currently lacks the smart‑contract execution layer. The network is the first community‑launched L2, with the Aztec Foundation, core team and...
S& P Ratings Gives Justin Sun-Linked TrueUSD Lowest Score
S&P Global Ratings assigned TrueUSD (TUSD) the lowest possible stability score of 5, indicating a weak ability to maintain its $1 peg. The rating reflects concerns that most of TUSD’s reserves are held by a single custodian, First Digital Trust,...