European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer
European law‑enforcement agencies, led by Europol and supported by Swiss and German police, dismantled the cryptocurrency‑mixing service Cryptomixer. The operation seized the cryptomixer.io domain, three servers, roughly 12 terabytes of data, and about $29 million worth of Bitcoin. Authorities allege the platform facilitated the laundering of more than $1.51 billion in bitcoin since 2016, serving ransomware gangs and other illicit actors. The takedown follows earlier mixer busts, including the 2023 ChipMixer operation.
Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact
Canada is moving toward a regulatory framework for Canadian‑dollar‑backed stablecoins, mirroring recent U.S. legislation. Scotiabank argues the rules will have minimal impact on domestic financial markets, emphasizing that the primary benefit lies in modernizing payments. The bank highlights potential gains...
CoinDesk 20 Performance Update: Bitcoin (BTC) Drops 5.7% as Index Trades Lower
The CoinDesk 20 index slipped 7.3% to 2,722.81 as Bitcoin (BTC) dropped 5.7% on Dec 1, 2025. Bitcoin Cash (BCH) was the next biggest loser, shedding 4.8%, while the broader basket saw every asset in negative territory. The worst performers were...
Polkadot Plunges 11% Breaking Below $2.05 Support Level Amid Broader Selloff
Polkadot (DOT) tumbled 11% on Dec 1, sinking from $2.27 to $2.02 and breaching the $2.05 support level. The decline was accompanied by a volume spike of 280%, reaching 14.6 million tokens, which underscored aggressive selling pressure. Technical analysis now marks $2.00...
Gleec Buys Komodo’s Cross-Chain DeFi Stack in $23.5M Deal
Digital‑asset platform Gleef has purchased the Komodo Platform ecosystem for $23.5 million, acquiring its atomic‑swap technology, token infrastructure, brand and development team. The deal brings Komodo’s cross‑chain DeFi stack into Gleef’s regulated financial suite, enabling bridge‑free swaps and expanding its crypto...
Filecoin Slumps More Than 10%
Filecoin (FIL) slumped more than 10% in a single day, trading at $1.46, outpacing the broader crypto market decline. Volume spiked 32.7% above the seven‑day moving average, indicating aggressive selling pressure. Technical analysis shows the token breached the $1.58 support...
Hacked Down: Crypto Daybook Americas
Bitcoin slipped 5% to $85,516, pulling the CoinDesk 20 and 80 indices below the 6% mark as risk‑off sentiment spreads across the crypto market. The decline is tied to fresh concerns over a potential Bank of Japan rate hike and...
CNBC Veteran Jay Yarow Joins CoinDesk to Expand Media and Events
Bullish appointed CNBC veteran Jay Yarow as President of CoinDesk Insights, the media and events arm of its digital‑asset platform. Yarow replaces Sara Stratoberdha, who moves to another executive role within Bullish, and will oversee expansion of CoinDesk’s global media,...
Israel’s Central Bank Signals Improved Stablecoin Oversight as Digital Shekel Plans Advance
Bank of Israel Governor Amir Yaron announced that Israel will move to active oversight of stablecoins, citing their $300 billion market cap and over $2 trillion in monthly transaction volume. He warned that the sector’s concentration—99% of activity tied to Tether and...
Japan to Cut Crypto Tax Burden to 20% Uniform Rate in Boost for Local Bitcoin Traders
Japan will introduce a uniform 20% tax on cryptocurrency gains, aligning digital assets with equities and investment trusts. The new rate replaces the current progressive structure that can reach 55%, and will be split 15% to the national government and...
HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO
HashKey, Hong Kong’s largest licensed crypto exchange, processed HK $638.4 billion in 2024, roughly double the prior year’s volume. Despite commanding about 75% of the local market, its ultra‑low fee model—under 0.1%—left the firm with a net loss exceeding US $151 million. Diversification into...
Bitcoin Drop Ends Up Liquidating $500M Bullish Bets in Early Asia Trading
Early Asian trading on Monday saw a cascade of forced liquidations that erased roughly $646 million in leveraged crypto positions. Binance, Hyperliquid and Bybit each suffered over $160 million in liquidations, with long traders accounting for nearly 90 % of the total. Bitcoin...
Dogecoin Slumps 9% Amid Bitcoin Weakness. Is a Larger Dump Coming?
Dogecoin slumped nearly 8% after its key support at $0.1495 collapsed, triggering a high‑volume sell‑off that pushed the token toward monthly lows. The newly launched Grayscale and Bitwise DOGE ETFs attracted only $2.16 million in inflows, far below expectations for institutional...
Bitcoin's Monthly MACD Flashes Red: Echoes of Past Bear Markets
Bitcoin’s monthly MACD histogram crossed below zero in November, delivering its first bearish signal since 2012. The flip coincided with a 17% price drop, ending the brief rally that began near $20,000. Historical data shows similar MACD turn‑offs preceded deep...
China To Intensify Crackdown on Virtual Currencies, Including Stablecoins: Report
China's top regulators reaffirmed that virtual currencies, including stablecoins, have no legal status and any related activity is deemed illegal financial operations. The People’s Bank of China warned that stablecoins lack proper KYC and AML controls, heightening money‑laundering and cross‑border...
Asia Morning Briefing: Bitcoin Slides on Japan Bond Spike and BOJ Hike Bets
Bitcoin slipped below $87,500 in Asian trading as Japan’s two‑year bond yield surged to 1.01 %, the highest since 2008. The yield spike, driven by speculation that the Bank of Japan may raise rates, strengthened the yen and triggered risk‑off selling....
Bitcoin, Ether, XRP Slide as December Begins With 'Yearn Incident'
Major cryptocurrencies opened December lower as a DeFi incident at Yearn Finance rattled markets. Bitcoin slipped over 3% to around $87,000, while Ether dropped 5% and other tokens such as SOL, DOGE, and XRP fell more than 4%. The trigger...
What mNAV Really Tells You About Bitcoin Treasury Companies — and Where It Falls Short
Bitcoin‑holding public companies increasingly rely on the multiple of net asset value (mNAV) to signal how the market values their BTC reserves. The metric divides enterprise value by the current market value of the bitcoin stack, producing a premium or...
Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap
Méliuz, a Brazilian fintech, discovered its market value was zero despite profitability because cash was tied up in negative‑return government bonds. To preserve capital and generate yield, the company adopted a Bitcoin treasury strategy, securing 66 % shareholder approval. It purchases...
Is the Bitcoin Digital Asset Treasury Model Broken? Architect Partners Says No
Architect Partners argues that the Bitcoin digital asset treasury (DAT) model is not broken, but still largely untested. While a sharp market decline has pressured high‑profile DATs like MicroStrategy, the firm predicts that roughly half of current pure‑play, producing and...
Meet the Billion-Dollar Crypto Founder Who Started Trading at 9 Years Old
Denis Dariotis, now 22, founded crypto‑focused trading software firm GoQuant after beginning stock trading in third grade. By age 15 he licensed his quant tools to a major Canadian bank and attracted hedge‑fund interest. GoQuant has raised $7 million in seed...
Strategy CEO: Equity and Debt Flexibility Power Long-Term Bitcoin Accumulation Plan
Strategy’s CEO Phong Le highlighted the firm’s enhanced capital flexibility, combining long‑dated convertible debt and opportunistic equity programs to fund its bitcoin accumulation. The company’s first debt maturity is not due until December 2025, eliminating near‑term refinancing risk. With over 158,000...
Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
Brazil’s crypto market is moving $6‑8 billion monthly, with stablecoins such as USDT and USDC accounting for up to 90% of reported transactions. The Receita Federal disclosed these figures at the Blockchain Conference Brasil and projected the volume could reach $9 billion...
Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador
Truther, a crypto payments platform, is introducing a non‑custodial USDT Visa card in El Salvador. The card lets users spend stablecoin directly without pre‑loading fiat or using custodial wallets. A 2% fee applies to currency conversions, while Brazilian cardholders avoid...
State of Crypto: Kalshi and Prediction Markets Face a Setback
A Nevada federal judge ruled that Kalshi's sports‑outcome contracts are not swaps, removing them from the Commodity Futures Trading Commission's exclusive jurisdiction. The decision allows Nevada's gaming regulators to oversee the platform’s sports prediction markets, overturning a preliminary injunction the...
‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo
A senior executive at a Brazil‑based cryptocurrency firm warned that expanding regulation and state surveillance threaten individual liberty, framing privacy as the "immune system of freedom." The remarks ignited a heated debate in São Paulo, where lawmakers are considering stricter...
Why Gold Is Winning Over Bitcoin in 2025: Liquidity, Trade, and Trust
Gold has outperformed Bitcoin since the launch of spot Bitcoin ETFs, rising 58% while Bitcoin fell about 12% over the same period. Central banks, sovereign wealth funds, and major asset allocators continue to favor gold for reserve holdings and trade,...
Bitcoin Pricing in 'Most Bearish Global Growth Outlook' Since Covid and FTX Crash: Bitwise Research
Bitwise research flags Bitcoin’s current pricing as the most bearish global growth outlook since the COVID‑19 pandemic and the FTX collapse. The cryptocurrency is trading at historically low sentiment levels, with prices sliding amid fears of an imminent recession. Despite...
Has XRP Finally Bottomed? Key Support Holds as Wave-5 Breakout Trigger Nears
XRP is poised at a technical crossroads, with $2.22 acting as the key resistance that could confirm a bullish Wave‑5 breakout, while $2.17 serves as immediate support. A close above $2.22 would validate the upward trend, whereas failure to hold...
Bitcoin's 'Coinbase Premium' Flips Positive After Weeks in the Red
The Coinbase premium, which measures the price spread between Coinbase and the broader crypto market, has shifted back into positive territory after several weeks of decline. This reversal signals that U.S. investors are once again willing to pay a higher...
Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs
Stablecoin issuer Tether has halted its planned cryptocurrency mining operations in Uruguay, scrapping a potential $500 million investment. The company cited soaring energy tariffs and cumbersome regulatory requirements as making the venture financially untenable. Tether’s exit underscores the sensitivity of crypto‑mining...
Brazil’s Economic Center São Paulo to Pilot Blockchain-Based Microloans for Farmers
São Paulo’s Economic Center has launched a pilot that uses a private blockchain platform to issue microloans to Brazilian farmers. The system, built with Tanssi’s technology, offers predictable transaction fees and high reliability, avoiding public‑chain congestion. By digitizing contracts and...
European Asset Manager Amundi Debuts Tokenized Share Class on Ethereum
Amundi, Europe’s largest asset manager, has introduced a tokenized share class for its euro cash fund on the Ethereum blockchain. The digital share class allows investors to buy and sell fund units 24/7, bypassing traditional market hours. Settlement is expected...
HBAR Rises 2.5% as Crypto Market Experiences Post-Thanksgiving Boost
Hedera Hashgraph’s native token HBAR climbed 2.5% following a post‑Thanksgiving rally that lifted much of the crypto market. The price gain was driven by heightened institutional inflows and a shift in derivatives positioning toward bullish exposure. Traders observed a consistent...
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,...
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.
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.
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,...
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...
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.
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,...
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...
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.
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....
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...
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...
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...
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...
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...
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...