Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund
Animoca Brands has received in‑principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) to operate as a regulated fund manager within the ADGM jurisdiction. The clearance paves the way for the company to manage collective investment funds from the Middle East, bolstering its institutional footprint in the region where it already maintains a Dubai presence. Animoca, which oversees a portfolio of more than 600 Web3 investments and recently announced a Nasdaq listing, says the approval aligns with its strategy to create licensed, compliant channels for global institutional investors to access Web3 assets.
Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report
Thai cryptocurrency exchange Bitkub, the country’s largest with a 24‑hour trading volume of $60.75 million, is exploring a $200 million initial public offering in Hong Kong, likely slated for next year. The move follows a shelved plan for a domestic IPO after Thailand’s...
DOGE Beats the Blue Chips as D.O.G.E Calls It Quits
Dogecoin jumped more than 3% on Monday, buoyed by anticipation of Grayscale’s new DOGE spot ETF (ticker GDOG) slated to debut on NYSE Arca. The rally outpaced the broader crypto market, with the CoinDesk 20 Index up only 0.6% and...
Sunrise Debut Streamlines Solana Token Imports as Monad Goes Live
Wormhole Labs launched Sunrise on Sunday as a unified gateway for moving any token onto the Solana blockchain, positioning it as the primary entry point for new digital assets. The platform integrates with block explorer Orb and DEX Jupiter, enabling...
Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%
Bitcoin rebounded on Sunday, climbing about 2.7% to roughly $86,466 after hitting an extreme oversold reading on the RSI, a signal that historically precedes short‑term recoveries. The rally was supported by more than $206 million in weekend derivatives liquidations, indicating seller...
On-Chain Stocks Could Misprice Over Weekends, Triggering Arbitrage Risks: RedStone
RedStone co‑founder Marcin Kaźmierczak warns that tokenized stocks on blockchain could become mispriced over weekends because crypto markets trade 24/7 while traditional equity markets are closed. Oracle providers often freeze price feeds after Friday market close, leaving on‑chain versions of...
VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away
VanEck CEO Jan van Eck told CNBC that Bitcoin may lack sufficient encryption and privacy, raising concerns about its resilience to quantum computing and transaction confidentiality. He noted that some long‑term Bitcoin holders are evaluating Zcash for its stronger privacy...
Chainlink Is ‘Essential Infrastructure’ for Tokenized Finance, Says Grayscale Research
Grayscale Research has labeled Chainlink as essential infrastructure for the expanding tokenized assets market, which it values at $35 billion and expects to grow. The report highlights Chainlink’s suite of services—including real‑world data feeds, compliance tools, and its Cross‑Chain Interoperability Protocol...
Coinbase to Add 24/7 Trading for SHIB, Bitcoin Cash, Dogecoin, and Others
Coinbase Markets will launch 24/7 futures trading for a suite of altcoins—including SHIB, Bitcoin Cash, Dogecoin, AVAX, ADA, LINK, HBAR, LTC, DOT, XLM and SUI—on Dec. 5, expanding its regulated derivatives offering beyond Bitcoin, Ethereum, Solana and XRP. The platform will...
Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So
Strategy (MSTR) stock has plunged 43% over the past month as institutional crypto investors increasingly use it to hedge Bitcoin and Ethereum exposure, according to Bitmine Immersion CEO Tom Lee. Lee argues that MSTR, which holds roughly 650,000 BTC, serves...
UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia, NCA Says
The UK National Crime Agency’s Operation Destabilise has dismantled a billion‑pound money‑laundering network spanning 28 towns that converted drug, firearms and other criminal proceeds into cryptocurrency, with some of the funds funneled to support Russian sanctions evasion and its war effort....
Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain
Aerodrome Finance, a decentralized exchange on Coinbase’s Base network with $400 million TVL, suffered a front‑end attack that hijacked its DNS and redirected users to phishing sites. The breach did not affect the underlying smart contracts, but the team warned users...
Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager
Digital Ascension Group (DAG), a crypto‑focused multi‑family office founded by Jake Claver, now manages roughly $1 billion in digital assets for high‑net‑worth families, making it the world’s largest crypto‑registered investment adviser. The firm fills a niche by offering traditional wealth‑management services—estate...
Bitcoin Treasuries to Move Beyond HODL to Yield, Hedging and Share Buybacks as NAV Discount Bites
The recent cooling of the corporate bitcoin‑treasury frenzy has left many digital‑asset treasury (DAT) stocks trading at a discount to the net asset value of their Bitcoin holdings, prompting analysts to urge firms to move beyond a simple buy‑and‑hold approach....
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...
Coinbase to Snap Up Solana-Based DEX Vector as Acquisition Spree Continues
Coinbase announced the acquisition of Vector, a Solana-native on‑chain trading platform, integrating its team into Coinbase’s consumer trading division and shutting down Vector’s standalone apps. The deal, the ninth for Coinbase in 2025 after purchases such as Echo ($375 million) and...
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...
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...
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...
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...
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...
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...
Kalshi Raises $1B at $11B Valuation as Prediction Market Race Continues: TechCrunch
Kalshi closed a $1 billion financing round that values the CFTC‑regulated prediction‑market exchange at $11 billion, led by Sequoia Capital and Capital G with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo. The new valuation narrows the gap with crypto‑native rival Polymarket,...
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...
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...
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...
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...
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...
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...
Tether Invests in LatAm Crypto Infrastructure Firm Parfin to Boost USDT Among Institutions
Tether announced an undisclosed investment in Latin American crypto infrastructure provider Parfin to accelerate institutional adoption of its USDT stablecoin across the region. Parfin’s suite of custody, tokenization and blockchain settlement tools will be leveraged to enable banks and other...
Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
FG Nexus, an Ethereum‑focused digital‑asset treasury firm, sold 10,922 ETH—worth about $33 million at current prices—and borrowed $10 million to repurchase 3.4 million shares, roughly 8% of its float, at an average price of $3.45 per share, below its reported NAV of $3.94....
Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
Cipher Mining signed a 10‑year high‑performance computing (HPC) hosting agreement with Fluidstack, adding 56 MW of capacity at its Barber Lake, Texas site and bringing Fluidstack’s lease to the full 300 MW. The contract secures roughly $830 million of revenue for the initial...
World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits
World App has launched a pilot of virtual bank accounts in the United States, issuing unique account numbers that let users receive direct deposits such as payroll payments directly into the app. Incoming funds are automatically converted to USDC, eliminating...
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens
B. Riley Securities trimmed its net asset value (mNAV) assumptions and price targets for a slate of digital‑asset treasury companies (Datcos) as crypto asset prices continue to slump, with Bitcoin down about 16%, Ether 22% and Solana 28% while the...
Metaplanet Unveils New Bitcoin Backed Capital Structure with $150M Perpetual Preferred Offering
Metaplanet announced a two‑tier bitcoin‑backed preferred‑share structure, issuing senior Class A "MARS" shares and raising ¥21.25 billion ($150 million) through Class B "MERCURY" perpetual preferred equity. MARS offers adjustable monthly dividends that rise when its price is below par and provides non‑dilutive, senior protection...
JPMorgan Warns MSCI Decision Could Force Strategy Out of Top Equity Indices
JPMorgan warned that MSCI’s upcoming Jan. 15 ruling on MicroStrategy (MSTR) could strip the company from major equity benchmarks such as the Nasdaq 100, MSCI USA and MSCI World. The bank estimates that removal could trigger $2.8 billion in passive outflows, rising to...
AI and HPC Bitcoin Miners Surge Pre Market Following Stellar NVIDIA Earnings
AI- and high‑performance‑computing‑focused bitcoin miners rallied in pre‑market trading after NVIDIA posted a Q3 earnings beat and a robust Q4 outlook, lifting sentiment across the sector. IREN jumped more than 8% to around $50, Cipher Mining surged 11% to over...
Abu Dhabi Investment Tripled IBIT Holdings in Q3 as Bitcoin Headed to Record High
Abu Dhabi Investment Council’s vehicle Al Warda Investments more than tripled its stake in BlackRock’s iShares Bitcoin Trust (IBIT) in Q3, raising its holding to just under 8 million shares worth $517.6 million, a 230% increase. The council, a subsidiary of sovereign‑wealth...
India's Debt-Backed ARC Token Eyes Tentative Q1 2026 Debut, Sources Say
India’s Asset Reserve Certificate (ARC), a rupee‑backed stablecoin developed by Polygon and fintech firm Anq, is slated for a tentative launch in the first quarter of 2026. Each ARC token will be minted 1:1 against cash or cash equivalents such...
Dogecoin Hits Multi-Month Lows as Exchange Flows Turn Bullish for First Time in 6 Months
Dogecoin slid 7.4% on Nov. 20, falling from $0.160 to $0.149 and breaking the key $0.155 support level. Despite the drop, exchange net inflows turned positive for the first time in six months and whales accumulated 4.72 billion DOGE (about $770 million)...
Asia Morning Briefing: Market Turns Defensive as Bitcoin Loses Its Bid
Bitcoin’s price is hovering around $92,000 as demand wanes and market structure weakens, with analysts flagging the end of the core demand wave that powered last year’s rally. CryptoQuant notes slowing ETF accumulation and Treasury‑company buying, while Glassnode reports short‑term...
Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration
Opera’s MiniPay wallet, built on the Celo blockchain, has launched a “Pay like a local” feature that lets its 10 million users in Argentina and Brazil spend USDT directly at merchants via QR codes linked to PIX and Mercado Pago. The...
Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting
William “Bill” Hill, 67, co‑founder of the Bitcoin mixing service Samourai Wallet, was sentenced by U.S. District Judge Denise Cote to four years in prison for conspiracy to operate an unlicensed money‑transmitting business, after pleading guilty in July. Prosecutors allege...
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
DeFi protocol Spark has put its planned mobile app on hold, citing a strategic shift toward its core strength in liquidity infrastructure rather than consumer-facing products. The firm will concentrate on institutional deals, highlighted by a $1 billion balance‑sheet investment to...