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UK Government to Start Cracking Down on Crypto Tax Avoidance in January
NewsNov 28, 2025

UK Government to Start Cracking Down on Crypto Tax Avoidance in January

The United Kingdom will tighten crypto tax enforcement starting in January, mandating that all cryptocurrency exchanges supply HM Revenue & Customs with comprehensive customer asset data. The new guidance expands reporting obligations to include spot trades, derivatives, and custodial holdings,...

By CoinDesk
Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In
NewsNov 28, 2025

Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In

Crypto-related stocks are higher across the board, led by the bitcoin miners.

By CoinDesk
Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing
NewsNov 28, 2025

Bitcoin Dominance Defies Pattern During 30% Decline, Dropping Instead of Climbing

A fast 36% reset for bitcoin marked by unusual dominance behavior and a market wide deleveraging.

By CoinDesk
BlackRock’s Own Income Fund Boosts Bitcoin ETF Holdings 14%
NewsNov 28, 2025

BlackRock’s Own Income Fund Boosts Bitcoin ETF Holdings 14%

BlackRock’s Strategic Income Opportunities Portfolio increased its exposure to the iShares Bitcoin Trust by 14%, marking the firm’s most aggressive allocation to a cryptocurrency‑linked ETF to date. The move adds several hundred million dollars of Bitcoin‑related assets to the fund,...

By CoinDesk
Crypto Exchange KuCoin's European Arm Wins MiCA License in Austria
NewsNov 28, 2025

Crypto Exchange KuCoin's European Arm Wins MiCA License in Austria

KuCoin's European subsidiary secured a Markets in Crypto‑Assets (MiCA) licence in Austria, granting it the right to offer regulated services throughout the European Economic Area. The passporting mechanism under MiCA allows the exchange to operate across all 27 EEA member...

By CoinDesk
Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users
NewsNov 28, 2025

Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users

Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.

By CoinDesk
Bitcoin and S&P 500 Year-End Bull Run Loading? Vol Metrics Say Yes
NewsNov 28, 2025

Bitcoin and S&P 500 Year-End Bull Run Loading? Vol Metrics Say Yes

Implied volatility indices for both Bitcoin and the S&P 500 have erased the sharp spikes seen in recent weeks, signaling a shift toward calmer market conditions. The Bitcoin volatility index (BVOL) fell back to levels seen before the recent turbulence,...

By CoinDesk
Solana Traders Hit by Months-Long Browser Malware That Skimmed Every Swap
NewsNov 28, 2025

Solana Traders Hit by Months-Long Browser Malware That Skimmed Every Swap

A malicious browser extension silently infected Solana traders for months, appending hidden instructions to every token swap. The extension leveraged the atomic nature of bundled transactions, causing users to unknowingly approve both the intended swap and a skimming operation. Security...

By CoinDesk
DOGE Underperforms Majors as Support Failure Confirms Bearish Shift
NewsNov 28, 2025

DOGE Underperforms Majors as Support Failure Confirms Bearish Shift

The $0.150 level is now a critical support point, with further declines likely if it is breached.

By CoinDesk
XRP Faces Downside Risk as Historical Patterns Point to $1.50
NewsNov 28, 2025

XRP Faces Downside Risk as Historical Patterns Point to $1.50

XRP is facing heightened downside risk, needing to retest the $2.20 level and break above the $2.23‑$2.24 resistance zone to regain upward momentum. Technical indicators such as moving averages and a sub‑30 RSI remain bearish, hinting at further price weakness....

By CoinDesk
MegaETH’s $500M Pre-Deposit Turns Into a Full Rewind After Missteps Pile Up
NewsNov 28, 2025

MegaETH’s $500M Pre-Deposit Turns Into a Full Rewind After Missteps Pile Up

MegaETH announced a $500 million pre‑deposit for its upcoming token launch, but the rollout immediately faltered. A critical smart‑contract bug—an incorrect SaleUUID—caused all transactions to fail, forcing the team to execute a 4‑of‑6 multisig update. The error triggered a full rewind...

By CoinDesk
Asia Morning Briefing: Bitcoin Steadies Near $90,000 Even as ETF Outflows Cap Upside
NewsNov 28, 2025

Asia Morning Briefing: Bitcoin Steadies Near $90,000 Even as ETF Outflows Cap Upside

Bitcoin steadied near the $90,000 mark as short sellers covered positions and opportunistic dip buyers entered the market, according to Flowdesk and QCP. Despite this support, recent outflows from Bitcoin exchange‑traded funds (ETFs) have limited further upside. Prediction markets are...

By CoinDesk
Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds
NewsNov 27, 2025

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

Balancer DAO is formulating an $8 million recovery plan after a $110 million exploit slashed its total value locked by roughly two‑thirds. The breach affected multiple assets across several blockchains, prompting an emergency governance discussion. Recovered tokens will be distributed in the...

By CoinDesk
Toncoin Lags Broader Crypto Rebound as Derivatives Data Shows Cautious Optimism
NewsNov 27, 2025

Toncoin Lags Broader Crypto Rebound as Derivatives Data Shows Cautious Optimism

Altcoin funding rates, including Toncoin (TON), have shifted into positive territory, indicating a resurgence of trader confidence in the derivative market. Despite this optimism, overall crypto market participation remains subdued, with spot trading volumes lagging behind. The positive funding signals...

By CoinDesk
Avalanche ETF Race Heats Up as Bitwise Becomes First to Add Staking
NewsNov 27, 2025

Avalanche ETF Race Heats Up as Bitwise Becomes First to Add Staking

Bitwise filed an updated prospectus with the SEC to launch an Avalanche‑focused exchange‑traded fund, moving the product closer to market. The filing marks the first time a crypto ETF will incorporate on‑chain staking rewards as part of its holdings. Avalanche’s...

By CoinDesk
Crypto for Advisors: Crypto’s Role in Portfolios
NewsNov 27, 2025

Crypto for Advisors: Crypto’s Role in Portfolios

Financial advisors are increasingly evaluating crypto assets as a strategic component of diversified portfolios. The discussion emphasizes managing crypto volatility through disciplined risk frameworks and explicit investment mandates. Active management is presented as a way to capture alpha in a...

By CoinDesk
UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' For Users
NewsNov 27, 2025

UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' For Users

HMRC has issued a consultation proposing a “No Gain, No Loss” tax rule tailored for decentralized finance (DeFi) transactions. The measure would treat token swaps that result in zero net profit or loss as non‑taxable events, eliminating artificial disposals that...

By CoinDesk
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
NewsNov 27, 2025

Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act

Justin Sun, founder of Tron and adviser to TrueUSD issuer Techteryx, intensified accusations against Hong Kong fiduciary First Digital Trust (FDT) for allegedly diverting nearly half a billion dollars of TUSD reserves into illiquid offshore vehicles. Sun claims FDT fabricated...

By CoinDesk
Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K
NewsNov 27, 2025

Bitcoin Whales Return to Buying for the First Time Since August as Price Recovers Above $90K

Bitcoin’s largest holders, often called whales, have resumed net buying for the first time since August, coinciding with the cryptocurrency climbing back above the $90,000 threshold. The recent week saw roughly $200 million of Bitcoin purchased by these entities, reversing a...

By CoinDesk
BNB Holds Below $900 Level as Onchain Activity Slumps, Network Updrages Loom
NewsNov 27, 2025

BNB Holds Below $900 Level as Onchain Activity Slumps, Network Updrages Loom

Binance Coin (BNB) has been trading below the $900 resistance level, reflecting a cautious market stance. On‑chain activity on the BNB Chain has slipped, with transaction volume down roughly 15% month‑over‑month. The price stability masks underlying weakness in DeFi usage...

By CoinDesk
Australia’s New Digital Assets Bill Seeks to Prevent Past Crypto Failures
NewsNov 27, 2025

Australia’s New Digital Assets Bill Seeks to Prevent Past Crypto Failures

The Australian government has introduced a Digital Assets Bill aimed at modernising the nation’s financial framework while protecting consumers from crypto‑related losses. The legislation classifies crypto tokens as regulated financial products and mandates licensing for exchanges, custodians and other service...

By CoinDesk
Crypto Markets Today: Bitcoin Leads Broad Recovery as Traders Eye Possible Santa Rally
NewsNov 27, 2025

Crypto Markets Today: Bitcoin Leads Broad Recovery as Traders Eye Possible Santa Rally

Bitcoin and Ether rallied sharply on Wednesday, riding a broader tech‑stock rebound that lifted risk assets across the board. The cryptocurrency surge was accompanied by a notable shift in derivatives markets, with futures contracts showing a net increase in long...

By CoinDesk
Ark Invest Buys $16.5M of Coinbase Stock, Largest Purchase Since Aug. 1
NewsNov 27, 2025

Ark Invest Buys $16.5M of Coinbase Stock, Largest Purchase Since Aug. 1

Ark Invest disclosed a $16.5 million purchase of Coinbase (COIN) shares, the firm’s largest stake addition since August 1. The buying pressure helped lift Coinbase’s stock 4.27% to close at $264.97. The move coincided with a broader crypto rally, as Bitcoin climbed...

By CoinDesk
Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE
NewsNov 27, 2025

Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE

Ripple’s dollar‑pegged stablecoin RLUSD has received official designation from the Abu Dhabi Global Market, allowing it to be used by ADGM‑licensed firms for regulated activities. The approval places RLUSD among a select group of tokens permitted within the emirate’s ring‑fenced...

By CoinDesk
Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani
NewsNov 27, 2025

Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani

The Philippines’ leading digital asset exchange has launched Project Bayani, a tokenisation platform aimed at unlocking a $60 billion market by 2030. The initiative will convert real‑estate, SME equity, and infrastructure assets into blockchain‑based tokens, offering fractional ownership to a broader...

By CoinDesk
Bitcoin Rebounds Past $91K as XRP ETFs Continue to Grab Attention
NewsNov 27, 2025

Bitcoin Rebounds Past $91K as XRP ETFs Continue to Grab Attention

Bitcoin surged past $91,000 as investor enthusiasm for cryptocurrency exchange‑traded funds intensified. XRP‑focused ETFs recorded a record $628 million in assets, absorbing roughly 80 million tokens within a single day. This inflow dwarfs the initial demand seen during Solana’s ETF launch earlier...

By CoinDesk
DOGE Builds Bullish Structure With Higher Lows as ETFs Fail to Wow
NewsNov 27, 2025

DOGE Builds Bullish Structure With Higher Lows as ETFs Fail to Wow

Dogecoin (DOGE) has established a bullish price structure, forming higher lows and breaking above a critical resistance level. The breakout was confirmed by a sharp increase in trading volume, suggesting strong buying pressure. Meanwhile, recent cryptocurrency ETFs failed to generate...

By CoinDesk
Korea's Upbit Suspends Deposit And Withdrawal Service After Abnormal Activity in Solana Tokens
NewsNov 27, 2025

Korea's Upbit Suspends Deposit And Withdrawal Service After Abnormal Activity in Solana Tokens

Upbit, South Korea’s top crypto exchange, halted all Solana (SOL) deposits and withdrawals after its monitoring systems detected irregular on‑chain activity. The anomaly, flagged on the Solana blockchain, prompted an immediate lock on affected wallets while investigators determine if it...

By CoinDesk
Bitcoin's Ascent May Hit a Wall Around Mid-$90K: Trading Firm
NewsNov 27, 2025

Bitcoin's Ascent May Hit a Wall Around Mid-$90K: Trading Firm

Bitcoin surged past the $90,000 threshold, driven by growing expectations of a Federal Reserve rate cut in December. A leading trading firm warned that the rally could encounter resistance around the mid‑$90,000 range. The price move reflects heightened risk‑on sentiment...

By CoinDesk
Asia Morning Briefing: Bitcoin's Fragile Rally Is Built on Shrinking Liquidity
NewsNov 27, 2025

Asia Morning Briefing: Bitcoin's Fragile Rally Is Built on Shrinking Liquidity

Bitcoin’s recent price rally is increasingly precarious, as on‑chain data shows liquidity drying up. Large‑holder deposits to exchanges have surged, indicating that whales are positioning for potential exits. Simultaneously, realized losses across the market are climbing, suggesting that recent gains...

By CoinDesk
New UAE Sweeping Banking Decree Looks to Cement Country’s Global Crypto Position
NewsNov 26, 2025

New UAE Sweeping Banking Decree Looks to Cement Country’s Global Crypto Position

UAE’s central bank has introduced a sweeping financial decree that brings cryptocurrency and blockchain activities under its regulatory umbrella. The law requires all crypto service providers to obtain licenses and subjects them to the same AML/KYC standards as traditional banks....

By CoinDesk
APT Trades Little Changed, Undeperforms Wider Crypto Market Rally
NewsNov 26, 2025

APT Trades Little Changed, Undeperforms Wider Crypto Market Rally

The token has support around the $2.16 level and resistance at $2.31.

By CoinDesk
Nasdaq ISE Files to Lift BlackRock IBIT Option Limits Into Top Tier Status
NewsNov 26, 2025

Nasdaq ISE Files to Lift BlackRock IBIT Option Limits Into Top Tier Status

Nasdaq ISE has filed to move BlackRock’s iShares Bitcoin Trust (IBIT) options into top‑tier status, reflecting the rapid growth of crypto‑linked derivatives in the United States. IBIT options have seen double‑digit volume gains and a shift of open interest from...

By CoinDesk
House Democrats Issue Report Detailing Trump Crypto Ties as 'New Age of Corruption'
NewsNov 26, 2025

House Democrats Issue Report Detailing Trump Crypto Ties as 'New Age of Corruption'

Democratic staff on the House Judiciary Committee released a report exposing President Donald Trump’s extensive involvement in cryptocurrency businesses that have generated substantial wealth for his family. The document details how Trump‑affiliated firms allegedly amassed roughly $500 million through unregistered digital‑asset...

By CoinDesk
Bitcoin Retakes $90K in Break From Typical Pre-Thanksgiving Price Action
NewsNov 26, 2025

Bitcoin Retakes $90K in Break From Typical Pre-Thanksgiving Price Action

Bitcoin surged past the $90,000 mark on Wednesday, breaking the customary pre‑Thanksgiving price dip that traders have come to expect. The rally was fueled by a sharp increase in trading volume and renewed buying interest from institutional investors. Technical charts...

By CoinDesk
XLM Edges Higher 2.6% to $0.25 as U.S. Bank Tests Stablecoin Pilot
NewsNov 26, 2025

XLM Edges Higher 2.6% to $0.25 as U.S. Bank Tests Stablecoin Pilot

Major banking institution selects XLM network for programmable digital currency pilot program

By CoinDesk
Hedera Jumps 1% Breaking Through $0.143 Resistance
NewsNov 26, 2025

Hedera Jumps 1% Breaking Through $0.143 Resistance

Institutional accumulation drives HBAR above key technical levels as futures launch approaches.

By CoinDesk
DeFi’s $55B Plunge Isn’t the Disaster It Looks Like
NewsNov 26, 2025

DeFi’s $55B Plunge Isn’t the Disaster It Looks Like

DeFi’s total value locked (TVL) has slumped by roughly $55 billion since October, marking the steepest decline in the sector’s recent history. Despite the headline‑grabbing drop, core protocols are posting steady revenue gains and user engagement remains robust. Decentralized exchange (DEX)...

By CoinDesk
S&P Downgrades Tether's USDT, Citing Falling Bitcoin Prices as Risk
NewsNov 26, 2025

S&P Downgrades Tether's USDT, Citing Falling Bitcoin Prices as Risk

S&P Global Ratings has downgraded Tether’s flagship stablecoin USDT, lowering its rating after noting a growing exposure to Bitcoin within its reserve pool. The agency highlighted that Bitcoin now represents a significant share of USDT’s backing, making the token vulnerable...

By CoinDesk
Crypto Long & Short: The Striking Dichotomy in DeFi Tokens Post 10/10
NewsNov 26, 2025

Crypto Long & Short: The Striking Dichotomy in DeFi Tokens Post 10/10

The Crypto Long & Short newsletter from Martin Gaspar examines the stark split between long and short positions in DeFi tokens following the October 10 market plunge. It highlights how the sell‑off generated deep price dislocations, creating potential upside for...

By CoinDesk
Crypto Market Maker Portofino Said to Be Hit by Another Wave of Staff Departures
NewsNov 26, 2025

Crypto Market Maker Portofino Said to Be Hit by Another Wave of Staff Departures

Crypto market maker Portofino is experiencing another wave of senior staff exits. Its chief revenue officer and chief of staff have both departed, according to sources. The departures follow earlier turnover at the firm, raising concerns about leadership stability. Portofino’s...

By CoinDesk
Crypto Bottoming Signs? FT Drops Trifecta of Bitcoin Gloom on Wednesday
NewsNov 26, 2025

Crypto Bottoming Signs? FT Drops Trifecta of Bitcoin Gloom on Wednesday

The Financial Times published a stark three‑part analysis on Wednesday, branding Bitcoin’s recent price slide as a “trifecta of gloom.” The piece coincided with the United Kingdom’s latest tax hike, which targets high‑net‑worth individuals and could further suppress crypto demand....

By CoinDesk
Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback
NewsNov 26, 2025

Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback

Digital Dollar Capital (DDC), a bitcoin‑focused treasury firm, announced a fresh acquisition of 100 BTC, raising its total holdings to 1,183 BTC. The purchase was made during a notable market pullback, prompting the company's shares to jump 22% in after‑hours...

By CoinDesk
The Protocol: Monad Airdrop + Blockchain Go Live
NewsNov 26, 2025

The Protocol: Monad Airdrop + Blockchain Go Live

Also: Celestia’s Matcha Upgrade, Fidelity on Fusaka and World’s New Payroll Pilot.

By CoinDesk
Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally
NewsNov 26, 2025

Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally

Grayscale Investment Trust has filed a proposal to convert its Zcash Trust into a spot exchange‑traded fund, positioning it as the first U.S. listed Zcash ETF. The move follows a dramatic 1,000% rally in ZEC, which has outperformed both Bitcoin...

By CoinDesk
Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX
NewsNov 26, 2025

Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

Robinhood announced the acquisition of LedgerX, the former FTX‑owned prediction‑market platform, in partnership with market‑making giant SIG. The deal gives Robinhood a CFTC‑approved license to offer regulated crypto futures, options and binary contracts. By integrating LedgerX’s infrastructure with SIG’s liquidity,...

By CoinDesk
CoinDesk 20 Performance Update: Only Bitcoin Cash (BCH) Gains, Up 2.8%
NewsNov 26, 2025

CoinDesk 20 Performance Update: Only Bitcoin Cash (BCH) Gains, Up 2.8%

Internet Computer (ICP) fell 3.4% and Litecoin (LTC) dropped 1.7%, leading the index lower. .

By CoinDesk
A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%
NewsNov 26, 2025

A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

A newly launched crypto project promised to overhaul stablecoin infrastructure, but its native token has slumped nearly 90% from its early peak. Thin on-chain usage, mounting supply pressure, and limited communication from the team have intensified market uncertainty. The token’s...

By CoinDesk
Swiss Bank AMINA Trials Google Cloud's Ledger for Instant Payments
NewsNov 26, 2025

Swiss Bank AMINA Trials Google Cloud's Ledger for Instant Payments

Swiss private bank AMINA has completed a pilot using Google Cloud’s Universal Ledger to process fiat payments instantly. The test demonstrated that banks can settle transactions in real time without issuing a new digital currency. Google’s cloud‑based ledger acted as...

By CoinDesk