Crypto

The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets. US-based crypto exchange Kraken has agreed to acquire Backed Finance AG, the company behind the issuance of xStocks, adding to a string of acquisitions the exchange has made this year while bringing the tokenized-equities platform under its roof. According to Tuesday’s announcement, Kraken plans to integrate xStocks’ issuance, trading and settlement more tightly into its products, including its global money app, while expanding support to additional blockchains and markets.  XStocks is a platform that issues tokenized versions of publicly traded equities, such as stocks and exchange-traded funds (ETFs). It currently offers over 60 tokenized products and has recorded more than $10 billion in combined exchange and onchain volume since launching earlier this year. Read more

Network reset complete: leverage flushed, LTHs accumulating and price back above fair value.

Vitalik Buterin recently sent a 256 ETH grant to two messaging projects, Session and SimpleX Chat, without the usual ecosystem fanfare. The gesture was modest in size but pointed in intent, because both applications occupy a part of the internet that rarely gets real support: metadata-resistant communication. Their designs tackle the parts of digital messaging […] The post Inside Vitalik’s 256 ETH grants: When Ethereum falls, privacy rises appeared first on CryptoSlate.

Representative Stephen Lynch questioned Fed supervisor Michelle Bowman about her comments on digital assets at a November conference in Madrid. US Representative Stephen Lynch pressed Federal Reserve Vice Chair Michelle Bowman on Tuesday over her past remarks encouraging banks to “engage fully” with digital assets, questioning the Fed’s role in advancing crypto frameworks while showing confusion over the definition of stablecoins. In a Tuesday oversight hearing, Lynch asked Bowman, the Fed vice chair for supervision, about remarks she had made at the Santander International Banking Conference in November. According to the congressman, Bowman said she supported banks “[engaging] fully” with respect to digital assets. However, according to Bowman’s comments at the conference, she referred to “digital assets” rather than specifically cryptocurrencies. The questioning turned into Lynch asking Bowman about distinctions between digital assets and stablecoins. Read more

Bitcoin climbed above $91,000 following Vanguard's decision to restore spot ETF access for its client base, with analysts eyeing the $100,000 level as institutional capital flows intensify and technical indicators suggest continued upside momentum. The post Bitcoin Price Prediction: BTC Breaks $91K as Vanguard Reopens ETF Access – Can Bulls Push $100K? appeared first on Cryptonews.

The DeFi lender's native token broke above key resistance level, eyeing $190 as the next target level.

Bitcoin’s drop below $84K puzzled analysts as stocks, gold, and AI sectors hit record highs, creating one of crypto’s strangest divergences.

Solana’s supply crunch and liquidity inflows kept the price above $120, but demand from futures traders remained subdued. Solana’s (SOL) onchain flows are flashing a powerful supply-side shift with the crypto asset hovering just above the $120 support zone, but market participation still needs to intensify to turn this structural advantage into upside momentum. Key takeaways: $2.12 billion USDC flowed into Binance while $1.11 billion SOL exited, forming a textbook bullish structure around the $120 level. Read more

MSCI’s proposed reclassification and potential index exclusion of Digital Asset Treasury (DAT) companies now looms over the market as a major structural overhang, says Dr. Avtar Sehra, founder and CEO of STBL. This helps explain the lack of a sustained recovery in crypto prices since the October 10th crash.

Today’s headlines: The latest on Vanguard ETFs, Coinbase lawsuit, Strategy $1.44B reserve, & more. This is Decrypt's Daily Recap with host @Tyler_Did_It. Your crypto round-up for December 2nd 2025

Ethereum’s latest major network upgrade is coming Wednesday. Here’s what users can expect.

Dogecoin hits Wyckoff Spring phase with MACD bullish cross forming. Analysts eye $5 target by 2026 if historical cycle repeats.

AI and progress toward AGI have reshaped crypto trading, with algorithms generating most exchange volume, shrinking retail alpha, and pushing human traders toward supervision, risk management and interpreting rare events as autonomous agents handle execution. The post The Day Trading Died: Why AGI Might Be the Last Market Maker appeared first on Cryptonews.

CME has rolled out new crypto benchmarks, including a Bitcoin volatility index designed to sharpen risk pricing across futures and options markets. The Chicago-based CME Group has introduced a new suite of cryptocurrency benchmarks designed to provide standardized pricing and volatility data for institutional traders using tools they’re familiar with across traditional asset classes. Announced Tuesday, the CME CF Cryptocurrency Benchmarks cover a range of digital assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP).  Notably, the launch includes the CME CF Bitcoin Volatility Benchmarks, which track the implied volatility of Bitcoin and Micro Bitcoin Futures options, effectively serving as a crypto-market equivalent of the equity market’s VIX by showing how much price movement traders expect over the next 30 days. Read more

The pivot to AI comes with risks, including heavy borrowing and concerns about sustainability, with potential shortfalls if demand for AI slows.

Jerome Powell stepped in front of cameras on Dec. 1 at the Hoover Institution’s George Shultz memorial event with three audiences watching: bond traders pricing an 87% chance of a December rate cut, a divided Federal Open Market Committee bracing for possible dissents, and a Bitcoin market that just bled $4.3 billion from US spot […] The post Everything you need to know for Bitcoin and crypto ahead of Jerome Powell’s upcoming FOMC meeting appeared first on CryptoSlate.

Bitcoin’s underperformance versus gold and the rapid expansion of global liquidity suggest that BTC’s current pricing is deeply discounted. Will BTC be the star performer of 2026? Bitcoin’s (BTC) current trading behavior reflects one of its deepest macroeconomic disconnects in years, with global liquidity surging while BTC continues to lag behind money supply growth and gold’s record performance. A recent report from Bitwise suggested this gap may be setting up a significant asymmetric opportunity in Bitcoin heading into 2026. Key takeaways: Bitcoin is currently undershooting the global money supply by 66%, implying a model-based fair value near $270,000. Read more

XRP and Solana rose on Tuesday, regaining ground lost in crypto markets’ recent slump.

Even a tiny share of speculative capital from gold or tech stocks could double crypto’s $3 trillion market cap.

The new platform lands amid a wave of fintech adoption of stablecoins for global transfers, payouts and onchain settlement. Fintech payments provider Unlimit has launched a non-custodial platform designed to act as a clearinghouse for major stablecoins and provide direct global off-ramps.  The company said the service will simplify stablecoin swaps by pairing decentralized exchange mechanics with its existing global payments network. According to Tuesday’s announcement, the platform will enable users to swap and cash out stablecoins through a single interface, aiming to reduce fragmentation in the stablecoin market under “gasless” and zero-commission conversions. Read more