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Crypto Long & Short: What the DOJ’s Massive Crypto Seizures Mean for the Industry
NewsDec 17, 2025

Crypto Long & Short: What the DOJ’s Massive Crypto Seizures Mean for the Industry

Over the past six months the U.S. Department of Justice has executed a series of unprecedented cryptocurrency seizures, highlighted by an October seizure of roughly $15 billion in bitcoin—more than three times the assets recovered from the Bernie Madoff case. The newly...

By CoinDesk
Crypto Stocks Pare Gains as Bitcoin Retreats From $90,000 Rally
NewsDec 17, 2025

Crypto Stocks Pare Gains as Bitcoin Retreats From $90,000 Rally

Crypto‑linked equities retreated after Bitcoin slipped from a brief surge above $90,000 to around $86,500, a 3.9% drop in an hour. The decline pulled miners such as MARA Holdings and Core Scientific down 4.8% and 6% respectively, while other crypto...

By CoinDesk
Robinhood Looks Better Placed than Coinbase for Prediction-Market Upside, Mizuho Says
NewsDec 17, 2025

Robinhood Looks Better Placed than Coinbase for Prediction-Market Upside, Mizuho Says

Robinhood is positioned to capture more revenue from prediction markets than Coinbase, according to a Mizuho survey. The study found Robinhood users intend to fund these trades with fresh capital, while Coinbase users are more likely to sell existing crypto...

By CoinDesk
Macquarie Sees U.S. Senate Near Crypto Deal as Market Structure, GENIUS Rules Advance
NewsDec 17, 2025

Macquarie Sees U.S. Senate Near Crypto Deal as Market Structure, GENIUS Rules Advance

Macquarie predicts the U.S. Senate will near a crypto regulatory deal by early 2026, driven by bipartisan market‑structure negotiations and parallel GENIUS Act rulemaking. The Senate Agriculture Committee’s draft would expand CFTC authority, while the Banking Committee’s Responsible Financial Innovation...

By CoinDesk
Hut 8 and Coinbase Outperform as Crypto Stocks Jump on Bitcoin's Sudden Rally
NewsDec 17, 2025

Hut 8 and Coinbase Outperform as Crypto Stocks Jump on Bitcoin's Sudden Rally

Bitcoin surged past $90,000, igniting a broad rally across crypto‑linked equities. Hut 8 led the pack, jumping 14.4% after announcing a $7 billion, 15‑year lease with AI‑infrastructure firm Fluidstack, while CleanSpark and Riot also posted gains. Coinbase rose 2.27% as it prepared...

By CoinDesk
Most Influential: Vlad Tenev
NewsDec 17, 2025

Most Influential: Vlad Tenev

Robinhood, under CEO Vlad Tenev, completed a $200 million acquisition of Bitstamp, securing more than 50 global crypto licenses. The deal accelerates Robinhood’s push into institutional trading and tokenized assets. The platform also launched staking for ether and solana, added XRP,...

By CoinDesk
Most Influential: Carlos Domingo
NewsDec 17, 2025

Most Influential: Carlos Domingo

CEO Carlos Domingo has steered Securitize from a niche token‑technology startup to a profitable, $3.6 billion tokenized‑asset platform poised to exceed $4 billion AUM by year‑end. The firm is preparing a SPAC merger with Cantor Fitzgerald for an early‑2026 public listing, backed...

By CoinDesk
Most Influential: Jeremy Allaire
NewsDec 17, 2025

Most Influential: Jeremy Allaire

Jeremy Allaire spent 2025 turning his vision of dollar‑backed digital money into concrete policy and product milestones. He championed the GENIUS Act, which created the first federal licensing framework for stablecoins, and secured its passage into law. Circle applied for...

By CoinDesk
The Deepfake Reckoning: Why Crypto’s Next Security Battle Will Be Against Synthetic Humans
NewsDec 17, 2025

The Deepfake Reckoning: Why Crypto’s Next Security Battle Will Be Against Synthetic Humans

Generative AI has turned deepfakes into a mainstream fraud weapon, with synthetic media rising 550 % from 2019 to 2024. Crypto platforms, buoyed by regulatory clarity and growing adoption, still rely on static KYC checks that cannot stop AI‑generated video IDs...

By CoinDesk
Hut 8 Stock Surges 20% on Fluidstack AI Data Center Deal
NewsDec 17, 2025

Hut 8 Stock Surges 20% on Fluidstack AI Data Center Deal

Hut 8 shares surged 20% after announcing a 15‑year, $7 billion lease with Fluidstack for 245 MW of AI‑focused data‑center capacity at its River Bend campus in Louisiana. Google is providing a financial backstop, lowering counterparty risk, while the agreement grants Fluidstack a right...

By CoinDesk
Don't Call It QE — the Fed's $40 Billion of Bill Purchases May Not Shake Crypto Out of Its Slump
NewsDec 17, 2025

Don't Call It QE — the Fed's $40 Billion of Bill Purchases May Not Shake Crypto Out of Its Slump

The Federal Reserve announced a $40 billion monthly purchase of short‑term Treasury bills, branding the program as Reserve Management Operations rather than quantitative easing. The move is designed to replenish bank reserves and stabilize money‑market rates ahead of the April tax‑payment...

By CoinDesk
Uniform Labs’ Multiliquid Targets Structural Gap in $35 Billion Tokenized Asset Market
NewsDec 17, 2025

Uniform Labs’ Multiliquid Targets Structural Gap in $35 Billion Tokenized Asset Market

Uniform Labs has launched Multiliquid, an institutional liquidity protocol that enables instant, 24/7 swaps between tokenized money‑market funds and major stablecoins such as USDC and USDT. The platform integrates with tokenized Treasury products from firms like Wellington Management, aiming to...

By CoinDesk
TradFi Giant EquiLend Backs Digital Prime to Link $40 Trillion Pool with Tokenized Markets
NewsDec 17, 2025

TradFi Giant EquiLend Backs Digital Prime to Link $40 Trillion Pool with Tokenized Markets

EquiLend, the $40 trillion securities‑finance utility, announced a strategic minority investment in Digital Prime Technologies. The deal centers on Tokenet, Digital Prime’s institutional lending network, which will connect EquiLend’s vast lendable pool to tokenized markets. Future phases will introduce regulated stablecoin...

By CoinDesk
Wall Street Giant DTCC Picks Privacy Focused Blockchain Canton Network for Tokenization
NewsDec 17, 2025

Wall Street Giant DTCC Picks Privacy Focused Blockchain Canton Network for Tokenization

The Depository Trust & Clearing Corporation (DTCC) has selected Digital Asset’s privacy‑focused Canton Network to tokenize a subset of U.S. Treasury securities held at its DTC clearinghouse. The initiative follows a recent SEC No‑Action Letter that clears the path for...

By CoinDesk
Moon Pursuit Capital Launches $100 Million Market-Neutral Crypto Fund
NewsDec 17, 2025

Moon Pursuit Capital Launches $100 Million Market-Neutral Crypto Fund

Moon Pursuit Capital announced a $100 million market‑neutral crypto fund that uses algorithmic trading to generate risk‑adjusted returns across digital‑asset cycles. The strategy stays neutral on market direction, supplementing its core engine with bitcoin accumulation at perceived cycle lows and short‑term...

By CoinDesk
Securitize to Offer First Fully Onchain Trading for Real Public Stocks in Early 2026
NewsDec 17, 2025

Securitize to Offer First Fully Onchain Trading for Real Public Stocks in Early 2026

Securitize announced it will launch the first fully compliant on‑chain trading platform for actual public stocks in early 2026. The system issues tokenized shares directly on the issuer’s cap table, granting holders legal ownership, dividends, and voting rights. Trades will...

By CoinDesk
Norway's Sovereign Wealth Fund Supports Metaplanet Bitcoin Plan Ahead of EGM Vote
NewsDec 17, 2025

Norway's Sovereign Wealth Fund Supports Metaplanet Bitcoin Plan Ahead of EGM Vote

Norway’s sovereign‑wealth fund, Norges Bank Investment Management, voted in favor of all five Metaplanet proposals ahead of the Dec. 22 extraordinary general meeting. The fund holds roughly 0.3% of the company, which is pursuing a bitcoin‑centric strategy. The approved measures include...

By CoinDesk
Ripple’s Asia Venture Looks to Make XRP a Yield-Bearing Asset
NewsDec 17, 2025

Ripple’s Asia Venture Looks to Make XRP a Yield-Bearing Asset

SBI Ripple Asia has signed a memorandum of understanding with Doppler Finance to develop XRP‑based yield products and tokenized real‑world assets on the XRP Ledger. The deal appoints Singapore‑regulated SBI Digital Markets as the institutional custodian, ensuring segregated custody for...

By CoinDesk
How China’s Strengthening Yuan Could Support Bitcoin Prices
NewsDec 17, 2025

How China’s Strengthening Yuan Could Support Bitcoin Prices

The Chinese yuan rose to 7.043 per dollar, its strongest level since early October, marking a 1% gain this quarter and a 4% rise from its April low. Analysts argue that a firmer yuan could give Beijing room to roll...

By CoinDesk
Bitcoin Trades Near Key Price Safety Net that Strategy Already Breached
NewsDec 17, 2025

Bitcoin Trades Near Key Price Safety Net that Strategy Already Breached

Bitcoin is trading just above its 100‑week simple moving average, a long‑term safety net that has held for three weeks and halted the slide from the $126,000 peak. The cryptocurrency sits near $86,800, a level that could trigger a bullish...

By CoinDesk
DOGE Exits Range as Selling Pressure Builds at Key Levels
NewsDec 17, 2025

DOGE Exits Range as Selling Pressure Builds at Key Levels

Dogecoin fell 5% after the Federal Reserve cut rates by 25 basis points, breaking the $0.1310 technical support zone. Heavy trading volume of 769.4 million tokens confirmed a bearish distribution rather than a fleeting dip. The breach turns the recent range...

By CoinDesk
Crypto Exchange HashKey's Shares Fall 5% on Trading Debut in Hong Kong
NewsDec 17, 2025

Crypto Exchange HashKey's Shares Fall 5% on Trading Debut in Hong Kong

HashKey Holdings’ shares slipped about 5% in their Hong Kong debut, opening below the IPO price and settling near HK$6.34. The exchange dominates roughly three‑quarters of the city’s licensed crypto market and processed $81.8 billion in volume in 2024, yet its...

By CoinDesk
Exodus Joins Stablecoin Race with MoonPay-Backed Digital Dollar
NewsDec 16, 2025

Exodus Joins Stablecoin Race with MoonPay-Backed Digital Dollar

Exodus (EXOD) is launching a fully reserved, USD‑backed stablecoin in partnership with fintech firm MoonPay, with the token slated to go live in January 2026. The stablecoin will be built on M0 infrastructure and will power the upcoming Exodus Pay product, enabling...

By CoinDesk
Zero-Knowledge Tech Is the Key to Quantum-Proofing Bitcoin
NewsDec 16, 2025

Zero-Knowledge Tech Is the Key to Quantum-Proofing Bitcoin

Quantum computing breakthroughs are accelerating, putting the $4 trillion Web3 asset base at risk as Shor's algorithm can break ECDSA signatures used by Bitcoin and Ethereum. Researchers argue that zero‑knowledge (ZK) cryptography, especially zk‑STARKs and lattice‑based proofs, can be built on...

By CoinDesk
Bitcoin's Massive Underperformance to Stocks in Q4 Bodes Well for January, Says K33's Lunde
NewsDec 16, 2025

Bitcoin's Massive Underperformance to Stocks in Q4 Bodes Well for January, Says K33's Lunde

Bitcoin hovered around $87,500 on Dec. 16, posting a modest 2% gain over 24 hours while underperforming the S&P 500 by roughly 26% in the fourth quarter. The lag mirrors earlier cycles where a weak quarter precedes a rebound as fund...

By CoinDesk
Marshall Islands Launches World’s First Blockchain-Based UBI on Stellar Blockchain
NewsDec 16, 2025

Marshall Islands Launches World’s First Blockchain-Based UBI on Stellar Blockchain

The Republic of the Marshall Islands has launched the world’s first blockchain‑based universal basic income using the USDM1 sovereign bond on the Stellar network. Developed with the Stellar Development Foundation and Crossmint, the program swaps quarterly cash deliveries for instant...

By CoinDesk
Polkadot Advances as Coinbase Unlocks Integration with USDC Stablecoin
NewsDec 16, 2025

Polkadot Advances as Coinbase Unlocks Integration with USDC Stablecoin

Polkadot (DOT) rose 1.9% to $1.91 after Coinbase announced USDC integration, sparking a technical breakout. Trading volume jumped 17% above the monthly average, with institutional participation three times the norm. The price held above a $1.87‑$1.88 support zone, forming higher...

By CoinDesk
U.S. FDIC Proposes First U.S. Stablecoin Rule to Emerge From GENIUS Act
NewsDec 16, 2025

U.S. FDIC Proposes First U.S. Stablecoin Rule to Emerge From GENIUS Act

The U.S. Federal Deposit Insurance Corp. has issued its first rule proposal under the GENIUS Act, opening a 60‑day public comment period for a new application process that lets depository institutions launch stablecoin subsidiaries. The rule outlines a 120‑day review...

By CoinDesk
Tether Leads $8 Million Investment in Speed to Push USDT Further Into Everyday Payments
NewsDec 16, 2025

Tether Leads $8 Million Investment in Speed to Push USDT Further Into Everyday Payments

Tether led an $8 million strategic investment in Speed, a payments platform that merges Bitcoin’s Lightning Network with USDT settlement. Speed currently processes over $1.5 billion in annual payment volume and serves roughly 1.2 million users and merchants. The funding supports Tether’s push...

By CoinDesk
CoreWeave Collapse Sparks Fears of Cracks in AI Infrastructure Boom
NewsDec 16, 2025

CoreWeave Collapse Sparks Fears of Cracks in AI Infrastructure Boom

CoreWeave’s stock has tumbled more than 60% since its June high as investors confront mounting doubts about the AI infrastructure surge. The company’s growth strategy hinges on high‑interest debt to buy NVIDIA GPUs and on a handful of marquee clients...

By CoinDesk
Brazil to Test Blockchain in State Real Estate Auction to Reduce Fraud, Disputes
NewsDec 16, 2025

Brazil to Test Blockchain in State Real Estate Auction to Reduce Fraud, Disputes

Brazil’s Court of Auditors in São Paulo will conduct its first public auction entirely recorded on a blockchain, selling ten warehouses. Every document, from titles to bids, will be timestamped and cryptographically sealed on an undisclosed ledger. The pilot, run by...

By CoinDesk
Most Influential: Oleg Ogienko
NewsDec 16, 2025

Most Influential: Oleg Ogienko

A7A5, a ruble‑pegged stablecoin launched in 2025, emerged from Russia’s sanctions‑tightened financial system and aggressive capital controls. The ruble’s 40% rally against the dollar, driven by policy rather than fundamentals, created demand for a blockchain‑based payment rail that bypasses traditional...

By CoinDesk
Most Influential: Guy Young
NewsDec 16, 2025

Most Influential: Guy Young

Ethena Labs CEO Guy Young created a new class of digital assets called yieldcoins, merging DeFi infrastructure with traditional finance basis trades. Within two years, Ethena grew to a $15 billion protocol, deploying synthetic dollar USDe and yield‑bearing sUSDe across exchanges...

By CoinDesk
Bulls Beware — BofA Fund Manager Survey Flashing Contrarian Sell Signal
NewsDec 16, 2025

Bulls Beware — BofA Fund Manager Survey Flashing Contrarian Sell Signal

The Bank of America Global Fund Manager Survey shows professional investors at peak optimism, with cash reserves falling to a record‑low 3.3% and 42% of managers overweighting equities—the highest level since December 2024. Commodities also enjoy strong backing, posting an...

By CoinDesk
Crypto Asset Manager Bitwise Says Bitcoin Will Break Its Four-Year Cycle in 2026
NewsDec 16, 2025

Crypto Asset Manager Bitwise Says Bitcoin Will Break Its Four-Year Cycle in 2026

Bitwise’s chief investment officer Matt Hougan predicts bitcoin will break its historic four‑year halving cycle and reach new all‑time highs in 2026. He argues that the halving’s supply shock, falling interest rates and tighter leverage will be outweighed by institutional...

By CoinDesk
Number of Crypto Users in the UK Drops Even as Amount Held Increases
NewsDec 16, 2025

Number of Crypto Users in the UK Drops Even as Amount Held Increases

The UK Financial Conduct Authority reports that crypto ownership fell from roughly 7 million adults in 2024 to about 4.5 million in 2025, dropping the adult participation rate from 12 % to 8 %. Despite the contraction, the average portfolio value rose to just...

By CoinDesk
Hong Kong's RedotPay Raises $100 Million Series B to Push Global Stablecoin Payments
NewsDec 16, 2025

Hong Kong's RedotPay Raises $100 Million Series B to Push Global Stablecoin Payments

Hong Kong fintech RedotPay secured $107 million in a Series B round, led by Goodwater Capital and joined by Pantera, Blockchain, and Circle Ventures. The funding brings its 2025 capital raised to $194 million and supports expansion into over 100 countries. RedotPay now...

By CoinDesk
Strata Protocol Developer Frontera Labs Raises $3 Million in Seed Round
NewsDec 16, 2025

Strata Protocol Developer Frontera Labs Raises $3 Million in Seed Round

London‑based Frontera Labs announced a $3 million seed round led by Maven 11 Capital, with Lightspeed Faction as a major backer. The funding will accelerate development of Strata, a DeFi risk‑tranching protocol that separates on‑chain yields into senior and junior tokenized tranches....

By CoinDesk
Filecoin Falls on Above-Average Volume, Drops Below $1.30 Support Amid Wider Slide
NewsDec 16, 2025

Filecoin Falls on Above-Average Volume, Drops Below $1.30 Support Amid Wider Slide

Filecoin (FIL) dropped 4.2% to $1.28, briefly sinking to $1.23 before stabilizing. The decline occurred alongside a 185% volume surge, far exceeding its seven‑day average and confirming strong institutional activity. Technical analysis places immediate support between $1.278 and $1.285, with...

By CoinDesk
Crypto Bank Custodia Files Petition for a Rehearing by All Appellate Judges
NewsDec 16, 2025

Crypto Bank Custodia Files Petition for a Rehearing by All Appellate Judges

Wyoming‑based crypto bank Custodia has filed a petition for an en banc rehearing before the full Tenth Circuit, challenging the October decision that upheld the Federal Reserve’s refusal to grant it a master account. The bank argues the panel gave the...

By CoinDesk
Visa Brings Circle's USDC Settlement to U.S. Banks Following $3.5 Billion Stablecoin Pilot
NewsDec 16, 2025

Visa Brings Circle's USDC Settlement to U.S. Banks Following $3.5 Billion Stablecoin Pilot

Visa is rolling out USDC settlement for U.S. banks, letting issuers and acquirers settle VisaNet obligations with Circle’s dollar‑pegged stablecoin on the Solana blockchain. The pilot program has reached a $3.5 billion annualized run rate, with Cross River Bank and Lead...

By CoinDesk
U.S. Bitcoin, Ether ETFs See Largest Outflows Since Nov. 20 as BTC Declines
NewsDec 16, 2025

U.S. Bitcoin, Ether ETFs See Largest Outflows Since Nov. 20 as BTC Declines

U.S. spot bitcoin and ether ETFs recorded a combined $582 million net outflow on Monday, the largest since November 20, as Bitcoin fell to $85,100. The outflows were led by Fidelity’s Wise Origin Bitcoin Fund ($230.1 million) and the iShares Ethereum Trust ($139.1 million)....

By CoinDesk
KindlyMD Faces Nasdaq Delisting Risk After Failing to Meet Minimum Share Price Levels
NewsDec 16, 2025

KindlyMD Faces Nasdaq Delisting Risk After Failing to Meet Minimum Share Price Levels

KindlyMD, a health‑care and bitcoin‑treasury firm, has been notified by Nasdaq that its share price has stayed below $1 for 30 consecutive trading days, triggering a delisting warning. The company must close above the $1 threshold for ten straight days...

By CoinDesk
Bitcoin's Bearish Turn Deepens as 75 Out of Top 100 Coins Trade Below Key Averages; Nasdaq Resilient
NewsDec 16, 2025

Bitcoin's Bearish Turn Deepens as 75 Out of Top 100 Coins Trade Below Key Averages; Nasdaq Resilient

Crypto market breadth has narrowed sharply, with 75 of the top‑100 digital assets trading below both their 50‑day and 200‑day simple moving averages. Bitcoin’s price slipped to $87,000 from a recent $126,000 peak, pulling major coins like Ether, Solana and...

By CoinDesk
StraitX to Debut Singapore and U.S. Dollar Stablecoins on Solana for Quick Currency Exchange
NewsDec 16, 2025

StraitX to Debut Singapore and U.S. Dollar Stablecoins on Solana for Quick Currency Exchange

StraitX will debut its Singapore‑dollar (XSGD) and U.S.‑dollar (XUSD) stablecoins on the Solana blockchain in early 2026, allowing users to swap SGD and USD instantly on‑chain. The tokens already hold market caps of $13 million and $50 million and have processed over...

By CoinDesk
New React Bug that Can Drain All Your Tokens Is Impacting 'Thousands Of' Websites
NewsDec 16, 2025

New React Bug that Can Drain All Your Tokens Is Impacting 'Thousands Of' Websites

A critical remote‑code‑execution flaw in React Server Components, catalogued as CVE‑2025‑55182 and dubbed React2Shell, is being actively exploited. The vulnerability impacts React versions 19.0 through 19.2.0 and any framework that bundles these packages, such as Next.js, putting thousands of websites...

By CoinDesk
ARK Steps in as Crypto Stocks Extend Multi-Day Selloff
NewsDec 16, 2025

ARK Steps in as Crypto Stocks Extend Multi-Day Selloff

Cathie Wood’s ARK Invest added roughly $59 million to crypto‑related equities on Monday, buying Coinbase, Bullish, Circle, Bitmine Immersion Technologies and CoreWeave as the sector endured a multi‑day selloff. Prices across the group fell between 6% and 11% during the session,...

By CoinDesk
SBI, Startale to Launch Regulated Yen Stablecoin for Global Settlement
NewsDec 16, 2025

SBI, Startale to Launch Regulated Yen Stablecoin for Global Settlement

SBI Holdings and Startale Group have signed an MOU to create a fully regulated, yen‑denominated stablecoin for global settlement, with issuance handled by Shinsei Trust & Banking. The token will complement Startale’s USDSC dollar stablecoin and aligns with Japan’s new...

By CoinDesk
PayPal, Issuer of PYUSD, Applies for Utah Industrial Bank License
NewsDec 16, 2025

PayPal, Issuer of PYUSD, Applies for Utah Industrial Bank License

PayPal has filed for a Utah industrial bank license to launch PayPal Bank, a new lending arm that will provide business loans and interest‑bearing savings accounts. The company also applied for FDIC deposit insurance, signaling a move beyond its payments and...

By CoinDesk