David Beckham-Backed Prenetics Ditches Bitcoin Purchase
Prenetics, the health‑sciences firm co‑founded by David Beckham, announced it will cease all new Bitcoin purchases after a prolonged crypto market slump, while retaining its existing 510 BTC worth roughly $45 million. The company will redirect capital to its IM8 supplement line, which has already generated more than $100 million in annualized recurring revenue. Prenetics raised $48 million earlier this year to fund both the IM8 rollout and a Bitcoin treasury, but now focuses exclusively on the supplement business. The pivot underscores a shift from speculative digital‑asset exposure to proven revenue streams.
Unleash Protocol Hit by $3.9 Million Exploit with Funds Routed Through Tornado Cash
Unleash Protocol, an on‑chain intellectual property finance platform, suffered a $3.9 million loss after an attacker exploited its multisignature governance system to upgrade contracts and withdraw assets. The stolen funds, including WIP, USDC, WETH, stIP and vIP, were bridged to Ethereum...
Long-Term Holders Turn Net Accumulators, Easing a Major Bitcoin Headwind
Long‑term Bitcoin holders (LTHs) have shifted back into net accumulation, adding roughly 33,000 BTC over the past 30 days—the first positive net change since July. Despite this, LTHs sold more than 1 million BTC during the 36 % correction that began in...
Traders Split over Whether Lighter’s LIT Clears $3 Billion FDV After Launch
Lighter’s governance token LIT has not yet opened for public trading, yet pre‑market activity places it near $3.20, implying a fully diluted valuation (FDV) above $3 billion. Traders are divided, with some arguing the token merits a $2 billion FDV while others...
Institutions Are Increasingly Using the Bitcoin Options Playbook for Altcoins: STS Digital
Institutions are now transplanting Bitcoin options strategies onto altcoins, according to STS Digital, a principal digital‑asset derivatives dealer. By writing covered calls, selling puts and buying calls, they aim to hedge volatility and capture additional premium income. STS Digital reports...
As Democrats Gain in Odds to Take U.S. House, Waters Bashes SEC Chair on Crypto
Maxine Waters, the leading Democrat likely to chair the House Financial Services Committee if Democrats secure a House majority, has publicly rebuked SEC Chair Paul Atkins for terminating high‑profile crypto enforcement actions. In a letter to the committee’s Republican chair,...
Aptos' APT Delines on Below Average Volume
Aptos (APT) slipped 1.7% to $1.70, underperforming the broader crypto market as the CoinDesk 20 index fell 0.7%. Trading volume over the past 24 hours was 16% below the 30‑day average, indicating weak institutional conviction. The token now trades within...
Crypto Winter Looms in 2026, but Cantor Sees Institutional Growth and Onchain Shifts
Cantor Fitzgerald warns that Bitcoin is entering a classic four‑year crypto winter, likely testing the $75,000 breakeven level identified by Strategy. The downturn is expected to be less chaotic, driven by institutional balance‑sheet adjustments rather than retail panic. Tokenized real‑world...
Bitmine's Ether Stash Tops 4.1 Million Tokens as Crypto and Cash Holdings Reach $13.2 Billion
Bitmine Immersion Technologies reported crypto, cash and moonshot assets totaling $13.2 billion, anchored by a 4.1 million ETH holding that represents about 3.41% of the network’s circulating supply. The firm now holds the world’s largest publicly owned ether treasury and ranks second...
Polkadot's DOT Dips, with Token Underperforming Wider Crypto Markets
Polkadot’s native token DOT slipped 2% to $1.84 in the past 24 hours, while trading volume rose 7.8% above its seven‑day average. The decline occurred without any clear fundamental catalyst, leaving technical resistance at $1.88 as the primary driver. DOT...
Sberbank Issues Russia's First Crypto-Backed Loan to Bitcoin Miner Intelion Data
Sberbank, Russia’s second‑largest bank, issued the country’s first bitcoin‑backed loan to major miner Intelion Data, marking a pilot for crypto‑collateralized financing. The loan, secured with bitcoin mined by Intelion and held in Sberbank’s Rutoken custody platform, was made without disclosing...
Bitcoin Reverses Early Gains, Drops Below $88,000 as Nasdaq Futures Wilt
Bitcoin briefly topped $90,000 before slipping below $88,000, pulling major altcoins lower. The retreat coincided with Nasdaq 100 futures falling about 0.5%, underscoring the crypto‑equity correlation that intensifies during equity downtrends. Global Bitcoin futures open interest dropped to roughly 533,000 BTC, reflecting...
Bitcoin Whales Have Been the Main Accumulators in the $80,000 Range
Bitcoin whales, defined as wallets holding at least 1,000 BTC, have been the primary buyers since the cryptocurrency slipped to around $80,000 in late November, according to Glassnode data. The 1,000‑10,000 BTC cohort shows an Accumulation Trend Score close to 1, indicating sustained...
Tokenized Silver Volumes Explode as Metal's Price Rises to Record
Tokenized silver trading has surged, with the iShares Silver Trust token on RWA.xyz seeing a 1,200% jump in monthly transfer volume, a 300% rise in holders, and a 40% increase in net asset value. The metal’s price has approached $80...
Digital Yuan Holdings to Earn Interest Under China's New Framework
China's People’s Bank will roll out a new digital‑yuan framework on Jan. 1, 2026, permitting commercial banks to pay interest on e‑CNY balances. The change reclassifies the digital yuan from a cash‑like token to a deposit‑type liability, aligning it with traditional...
XRP and Cardano Need to Prove They're Useful Beyond Just Fans, Mike Novogratz Says
Galaxy Digital CEO Mike Novogratz warned that Ripple’s XRP and Cardano’s ADA must prove real utility beyond loyal fan bases as the crypto market shifts toward fundamentals. He noted that despite multi‑billion‑dollar market caps, on‑chain activity for both tokens remains...
Bitcoin Tops $90,000, Oil Rises as Russia-Ukraine Peace Hopes Falter
Bitcoin surged past $90,000 on Monday, climbing over 2% as optimism for a Russia‑Ukraine peace agreement faded. The rally lifted major altcoins—Ether, XRP and Solana—each gaining roughly 3% or more. In parallel, oil markets reacted to renewed conflict, with WTI...
Bitcoin Sinks Below $87,000 as Crypto Assets Slide, Metals Soar Post-Xmas
Bitcoin slipped below $87,000, retreating 1.6% after briefly touching $89,000 during the holiday lull. Meanwhile, gold, silver, copper, palladium and platinum surged to fresh all‑time highs, with gold trading at $4,573 per ounce. The metals rally was fueled by heightened...
Coinbase Named a Top Three 2026 Fintech Pick at Clear Street
Clear Street analyst Owen Lau named Coinbase (COIN) as one of his top three fintech picks for 2026, ranking it alongside Nasdaq and S&P Global. Lau maintains a buy rating with a 12‑month price target of $415, despite the stock...
Uniswap's Token Burn, Protocol Fee Proposal Backed Overwhelmingly by Voters
Uniswap’s “UNIfication” proposal passed with over 125 million votes, authorizing a 0.05 % protocol fee and a token‑burn mechanism. The change shifts a portion of the platform’s $600 million annual fees from liquidity providers to an on‑chain burn, linking UNI’s value to actual...
Bitcoin’s $70,000 to $80,000 Zone Highlights Gap in Historical Price Support
Analysis of five years of CME Bitcoin futures reveals that the $70,000‑$79,999 price band has been visited only 28 trading days, the fewest among major ranges. By contrast, lower zones such as $30,000‑$49,999 accumulated close to two hundred days each,...
Hong Kong Regulators Target 2026 Legislation for Virtual Asset Dealer and Custodian Rules
Hong Kong’s Financial Services and the Treasury Bureau and the Securities and Futures Commission will table a bill in 2026 to create a licensing regime for virtual‑asset dealers and custodians. The framework, shaped by a two‑month public consultation that attracted...
Bitcoin and Ether ETFs See Outflows Ahead of Christmas, Led by IBIT and ETHE
Spot Bitcoin and Ether ETFs recorded significant outflows on December 24, with Bitcoin funds losing $175 million and Ether funds shedding $57 million. BlackRock’s IBIT led the Bitcoin exits with a $91.37 million withdrawal, while Grayscale’s ETHE drove the Ether outflow with $33.78 million, pushing...
Bitcoin Briefly Trades at $24,000 on Binance’s USD1 Pair in Flash Move
Bitcoin briefly displayed $24,111 on Binance’s USD1 pair before snapping back above $87,000 within seconds. The flash wick appeared only on the USD1 stablecoin pair, which is backed by World Liberty Financial, and did not affect other major BTC markets....
Circle Platform Promising Tokenized Gold, Silver Swaps Is 'Fake,' Company Says
A press release on Dec 24 claimed Circle launched a platform called CircleMetals for swapping USDC with tokenized gold (GLDC) and silver (SILC) tokens backed by COMEX liquidity. Circle’s spokesperson confirmed the announcement is fake, stating the company never created such...
EU’s Crypto Tax Reporting Starts in January with Threat of Asset Seizure
The EU’s DAC8 directive, effective Jan. 1, 2026, expands tax‑reporting obligations to crypto‑asset service providers. Exchanges, brokers and custodians must collect detailed user and transaction data and share it with national tax authorities, which will then exchange information across member states....
XRP Price Reaction Muted Even as New Income-Generation Opportunity Appears
Payments‑focused cryptocurrency XRP saw little price movement in the past 24 hours despite the launch of earnXRP, a new yield‑generating vault. The product, created by Upshift, Clearstar and Flare, lets holders deposit FXRP—an ERC‑20‑compatible, over‑collateralized representation of XRP—into a vault...
Crypto M&A Hits Record $8.6 Billion in 2025 as Trump’s Regulatory Stance Spurs Deals
Crypto M&A reached a record $8.6 billion in 2025, up sharply from $2.17 billion in 2024. The surge was fueled by the Trump administration’s supportive regulatory agenda, notably the GENIUS Act that created a federal stablecoin framework. Deal activity climbed to 267...
Trump Media Shuffles 2,000 BTC After Fresh Bitcoin Inflows
Trump Media and Technology Group (DJT) transferred roughly 2,000 bitcoin, valued at about $174 million, across several wallets a day after reporting a rise to 11,542 BTC. About $12 million of the moved coins were sent to Coinbase Prime Custody, while the...
Sling Money Receives Approval to Offer Crypto Services in UK as Stablecoin Payments Gain Popularity
Sling Money, the crypto‑payments app from Avian Labs, secured approval from the UK Financial Conduct Authority to operate as a crypto services provider. The platform enables person‑to‑person transfers using Paxos’ USDP and Circle’s EURC stablecoins on the Solana blockchain, linking...
Polymarket Points to Third-Party Login Tool After Users Report Account Breaches
Polymarket disclosed that a vulnerability in a third‑party authentication provider caused recent account breaches, resulting in users losing funds despite two‑factor authentication. The platform pointed to Magic Labs, an email‑based login service that auto‑creates wallets, as the likely source. Polymarket...
Dogecoin Loses $0.13 Floor as Derivatives Positioning Signals Bigger Swings Ahead
Dogecoin slipped below the $0.13 psychological floor as heavy spot selling coincided with a dramatic surge in derivatives activity. BitMEX reported a 53,000% jump in DOGE futures volume, reaching $260 million, indicating traders are bracing for heightened volatility. The price fell...
XRP Weakens After Losing Support, with $1.85 Next in Focus
XRP lost its short‑term support around $1.87 as sellers pushed the token below the $1.8615‑$1.8700 band. Heavy volume at the $1.9061 resistance level indicated larger players were selling into strength rather than accumulating. The price now hovers near $1.86, with...
Tensions over El Salvador's Bitcoin Holdings Ease as IMF Praises Economic Progress
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 Slips, Crypto Stocks Suffer Steep Declines, as Tax-Loss Selling Drives Action, Analysts Say
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...
Russia’s Central Bank Unveils New Crypto Rules to Be Adopted in 2026
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...
Solana Treasury-Focused Upexi Files for up to $1 Billion Capital Raise
Upexi, a Nasdaq‑listed crypto‑treasury firm focused on Solana, filed a shelf registration with the SEC to raise up to $1 billion through various securities. The company holds roughly 2 million SOL tokens—about $248 million—making it the fourth‑largest Solana treasury among public companies. Proceeds...
Bitcoin Still Hasn't Hit $100,000 when Adjusted for Inflation: Galaxy's Alex Thorn
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 Drops as Bears Test Support
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 Bulls Eye Possible Tailwind as U.S. Dollar Index Continues to Leg Lower
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...
XRP Holders Can Now Earn Yield without Selling Their Tokens
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...
Amplify ETFs Targeting Stablecoin and Tokenization Sectors Open for Trade
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...
Strategy's Increased Dollar Buffer Covers More than 2 Years of Dividend Obligations
Strategy (MSTR) raised its dollar reserve to $2.2 billion, adding $748 million from a stock sale. The buffer covers roughly 32 months of preferred‑stock dividend obligations, roughly $824 million per year, extending through the next bitcoin halving in 2028. It also positions the...
Coinbase Agrees to Buy The Clearing Company to Deepen Prediction Markets Push
Coinbase announced it will acquire San Francisco‑based startup The Clearing Company to accelerate its nascent prediction‑market offering. The acquisition brings a team with deep experience from Polymarket and Kalshi, including former growth head Toni Gemayel and a former Kalshi compliance...
ETHZilla Sells $74.5 Million of Ether in Effort to Trim Debt Load
ETHZilla, a Nasdaq‑listed firm that builds a reserve of ether, sold 24,291 ETH worth $74.5 million, marking its second large liquidation this year. The cash will be used to redeem senior secured convertible notes under a recent agreement, reducing the company’s...
CME Loses Top Spot to Binance in Bitcoin Futures Open Interest as Institutional Demand Wanes
The Chicago Mercantile Exchange (CME) has been overtaken by Binance as the leading venue for bitcoin futures open interest, with Binance now holding roughly 125,000 BTC versus CME's 123,000 BTC. CME's open interest fell from a year‑start peak of 175,000...
The Clock Is Ticking for Crypto Tax Loss Harvesting
Crypto investors can use the recent market slump to harvest tax losses before year‑end. By selling assets below cost basis, realized losses offset capital gains and lower taxable income. Unlike stocks, crypto lacks a wash‑sale rule, allowing immediate repurchase, but...
JPMorgan Weighs Crypto Trading for Institutions Amid Growing Demand
JPMorgan Chase is assessing whether to provide spot and derivatives cryptocurrency trading services to institutional clients such as hedge funds and pension funds. The bank’s deliberation follows growing demand for regulated, high‑liquidity digital‑asset venues and a clearer U.S. regulatory outlook....
Prediction Markets May Offer a Tax Loophole for Gamblers Under Trump’s Big Beautiful Bill, Coinbase Says
Coinbase warns that a provision in President Trump’s One Big Beautiful Bill, effective 2026, will limit the deduction of gambling losses against winnings, raising the tax burden for traditional bettors. The change creates a tax advantage for blockchain‑based prediction markets, which may be...
Aave Slides as Community Debates over Who Controls the Brand
A governance dispute over Aave’s brand assets has escalated to a Snapshot vote, pushing the AAVE token down 11% in 24 hours. BGD Labs co‑founder Ernesto Boado argues that the DAO should formally own domains, social handles, and naming rights...