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Over $1.3 billion was wiped out across the crypto market as traders shifted their focus to $100,000 as the last line of defense for Bitcoin. Key takeaways: Bitcoin price on Tuesday is down 17% from its all-time high, dropping under $104,000. Crypto liquidations totaled $1.3 billion in losses over the past 24 hours. Read more
Bitcoin gave up $104,000 for the first time in weeks, while traders warned of a return to sub-$100,000 levels and new buyers amassed unrealized losses. Key points: Bitcoin slips under $104,000 amid doubts over BTC price support. Price targets now include the CME futures gap at $92,000. Read more
Stablecoin settlement times vary wildly depending on their blockchain. Purpose-built payment chains must remain open, or they will repeat TradFi fragmentation. Opinion by: Neeraj Srivastava, chief technology officer at MNEE When they first emerged, stablecoins were pitched as a revolution in payments. Traditional banking rails often take one to four days to settle debit card transactions (and weeks for wire transfers) and charge you a hefty sum for the service. Stablecoin settlements wouldn’t just be faster and cheaper; they’d be near-instant and cost almost zero. Unfortunately, we can’t really claim they’ve lived up to that promise. While transaction settlement times have been significantly decreased, they still vary substantially depending on the blockchain used. Read more
AI systems drive crypto fraud while the industry relies on outdated postmortems. Real-time transaction defense must become infrastructure. Opinion by: Danor Cohen, co-founder and chief technology officer of Kerberus In 2025, crypto risk is a torrent. AI is turbocharging scams. Deepfake pitches, voice clones, synthetic support agents — all of these are no longer fringe tools but frontline weapons. Last year, crypto scams likely hit a record high. Crypto fraud revenues reached at least $9.9 billion, partly driven by generative AI-enabled methods. Meanwhile, in 2025, more than $2.17 billion has been stolen — and that’s just in the first half of the year. Personal-wallet compromises now account for nearly 23% of stolen-fund cases. Read more
Bullish’s new crypto options platform attracted $82 million in trading volume in five days, with participation from institutional traders. Cathie Wood’s ARK Invest increased its position in Bullish crypto exchange on Monday, purchasing about 238,000 shares worth around $12 million across its flagship funds. According to ARK’s daily trade disclosures, the ARK Innovation ETF (ARKK) bought 164,214 shares, the ARK Next Generation Internet ETF (ARKW) added 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) acquired 25,076 shares. The move follows ARK’s purchases last week. On Friday, the investment firm acquired over $5 million worth of Bullish shares across multiple ETFs. Read more
Fellow miner IREN also signed a multi-year GPU cloud services contract with Microsoft worth $9.7 billion on Monday. Bitcoin mining company Cipher Mining surged more than 32% after revealing a new 15-year deal with tech giant Amazon, adding to a wave of partnerships between major technology companies and crypto miners. The 15-year lease agreement with Amazon Web Services, valued at $5.5 billion, requires Cipher to provide turnkey space and power for AI workloads in two phases, starting in July and August next year, the Bitcoin (BTC) miner announced on Monday. Cipher Mining also posted a significantly narrowed net loss of $3 million and a rise in adjusted earnings of $41 million for the third quarter, compared to a net loss of $46 million and adjusted earnings of $30 million in the previous quarter. Read more
HyperUnit, the whale that made $200 million from the US-China tariff crash last month, is now betting on a rebound in Bitcoin and Ether, opening $55 million in long positions. The crypto whale that made $200 million from the US-China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again. Crypto analytics platform Arkham was one of the first to identify the whale’s new long positions in an X post on Monday, which comprise a $37 million Bitcoin long position and an $18 million Ether long position on the decentralized derivatives exchange Hyperliquid. Referred to as the “Hyperunit whale,” the trader recently became famous for making $200 million by successfully predicting the US-China tariff market crash on Oct. 10. Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, digital assets investment products recorded $360 million in outflows last week. DeFi protocol Balancer suffered a $116 million exploit involving staked Ether, while Aster surged 30% after Binance co-founder revealed the purchase of about $2.5 million worth of the token with personal funds. Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears to have left markets uncertain, CoinShares reported on Monday. Read more
The partnership will place key FTSE Russell and Russell index data on blockchains, expanding public access to reliable market information. Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. The Russell indexes, widely used as benchmarks for US small- and mid-cap stocks, are tracked by more than $18 trillion in assets globally. Read more
The biotech company's pivot into digital assets marks one of the largest treasury financings to date, underscoring growing institutional demand for tokenized finance. Biotech company Tharimmune has raised $540 million in private funding to launch a crypto treasury strategy and acquire Canton Coin (CC), the native token of the Canton Network. The private offering, among the largest digital asset financings to date, was led by DRW and Liberty City Ventures, with participation from ARK Invest, Polychain Capital, Kraken, and other institutional investors. The round values Tharimmune’s shares at $3.075 each. Tharimmune said the funds will be used to purchase CC tokens, support general operations, and expand its role within the Canton ecosystem. The company also plans to become a Super Validator, operating additional nodes to earn token rewards and strengthen network performance. Read more
Reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked Ether. Many cryptocurrency traders are seeking answers after a successful exploit at the decentralized exchange and automated market maker Balancer resulted in more than $100 million in digital assets being stolen. In a Monday X post updating users on the exploit, Balancer said the incident was “isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools.” The platform added that it had “undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors,” calling into question how the exploit was accomplished. Read more
Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement. The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative. Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter. Read more
The advocacy organization filed a brief opposing prosecutors’ arguments that two brothers presented themselves as “honest validators” to allegedly pull off a $25-million exploit. Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus curiae brief — a document filed by an entity that is not a party to the case — Coin Center argued against one of the prosecutors’ key case theories involving Anton and James Peraire-Bueno. The two individuals are allegedly responsible for a $25 million MEV exploit in April 2023. According to Coin Center, the US government’s claims of “honest validation” lack merit and should be rejected by the court. Read more
Grants will now be distributed through a wishlist and requests for proposals, aligning funding with the Ethereum ecosystem’s goals. The Ethereum Foundation (EF) has overhauled its grants program, shifting from an open application model to a new funding approach under its Ecosystem Support Program. According to a blog post on Monday, grants will now be distributed through two main channels: a wishlist outlining focus areas set by the Foundation and requests for proposals (RFPs), targeting specific needs within the Ethereum ecosystem. The previous open grants program, which was paused earlier this year, stretched the Foundation’s resources, it said. The new model will take a more selective approach by coordinating with internal teams to direct funds toward defined ecosystem priorities. Read more
Bitcoin and altcoin’s early November performance mirrors October, where the market ignored historicals and fell to new lows. Will bulls show any interest in buying the range lows? Key points: Bitcoin will complete a double-top reversal pattern on a close below the $107,000 support. Several altcoins have broken below their immediate support levels, clearing the path for further downside. Read more
As Ripple’s Swell conference kicked off in New York this week, the company announced an expansion of OTC services following its October acquisition of a prime broker. Blockchain payments company Ripple expanded its services to include digital asset spot prime brokerage for US markets, about seven months after announcing plans to acquire Hidden Road. In a Monday notice, Ripple said that its US-based institutional clients would be able to execute over-the-counter (OTC) spot transactions across multiple cryptocurrencies. The launch of the service followed Ripple’s acquisition of crypto-friendly prime broker Hidden Road as part of a $1.25 billion deal disclosed in April and finalized in October. “The launch of OTC spot execution capabilities complements our existing suite of OTC and cleared derivatives services in digital assets and positions us to provide US institutions with a comprehensive offering to suit their trading strategies and needs,” said Michael Higgins, international CEO of Ripple Prime and former H...
Investors trimmed exposure to Bitcoin funds amid US policy uncertainty, even as Bitwise’s new Solana staking ETF attracted strong debut inflows last week. Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears to have left markets uncertain, CoinShares reported on Monday. Most of the selling pressure came from the US markets, which saw $439 million in outflows, partly offset by modest inflows from Germany and Switzerland. Bitcoin exchange-traded funds (ETFs) led the decline, with $946 million in redemptions. Read more
Ethereum’s price risked a deeper correction toward $2,800 as institutional demand through ETH ETFs and treasury companies declined Key takeaways: Ethereum ETFs experienced outflows for three consecutive days, totaling $364 million. Strategic Ether reserves and ETF holdings have dropped by 124,060 ETH since mid-October. Read more
Dash’s setup mirrors Zcash’s pre-breakout phase, hinting at a possible 400% rally if it breaks above a multiyear technical resistance zone. Key Takeaways: Dash’s technical setup mirrors Zcash’s pre-breakout structure, implying a potential for a multi-hundred percent rally. Failure to break out could trigger a correction toward $69 or even the $14–$16 range. Read more
IREN’s Microsoft partnership underscores how Bitcoin miners are reinventing themselves as AI infrastructure providers amid tightening margins. Bitcoin mining company IREN (IREN) has signed a multi-year GPU cloud services contract with Microsoft, highlighting the growing integration between traditional mining infrastructure and the expanding demands of Big Tech for AI computing power. The five-year agreement, valued at $9.7 billion, will provide Microsoft with access to Nvidia GB300 GPUs hosted within IREN’s data centers. In a related move, IREN also announced a $5.8 billion deal with Dell Technologies to acquire GPUs and related equipment. The company plans to fund its capital expenditures through a combination of cash reserves, customer prepayments, operational cash flow, and additional financing. Read more5759 items