Found 6016 news
An affiliate of the crypto exchange Gemini received a designated contract market license and it now plans to offer prediction markets in the US. Crypto exchange Gemini, founded by billionaire twins Tyler and Cameron Winklevoss, has scored a license from the Commodity Futures Trading Commission to offer prediction markets in the US. Gemini said on Wednesday that its affiliate, Gemini Titan, received a designated contract market license from the CFTC and “plans to enter into the prediction markets space.” The company said that “starting shortly,” its US users would be able to trade event contracts on its web platform. Gemini also said it would expand its US derivatives offerings to include crypto futures, options and perpetual contracts. Read more
The Office of the Comptroller of the Currency said crypto was one of many industries that banks had denied services to, and it could refer its findings to the Justice Department. The nine largest US banks restricted financial services to politically contentious industries, including cryptocurrency, between 2020 and 2023, according to the preliminary findings of the Office of the Comptroller of the Currency (OCC). The banking regulator said on Wednesday that its early findings show that major banks “made inappropriate distinctions among customers in the provision of financial services on the basis of their lawful business activities” across the three-year period. The banks either implemented policies restricting access to banking or required escalated reviews and approvals before giving financial services to certain customers, the OCC said, without giving specific details. Read more
Sygnum’s APAC HNWI Report 2025 found that 87% of Asia’s high-net-worth individuals are already exposed to crypto, with an average allocation of approximately 17%. More than half of wealthy Asian investors in a recent survey say they plan to increase their portfolio exposure to cryptocurrency over the next few years. Sygnum’s APAC HNWI Report 2025 found that 6 in 10 of the surveyed Asian high-net-worth individuals (HNWIs) are prepared to increase their crypto allocations based on a strong two- to five-year outlook. It polled 270 HNWIs with more than $1 million in investable assets and professional investors with over ten years of experience across ten APAC countries, mainly in Singapore, but including Hong Kong, Indonesia, South Korea and Thailand. Read more
A lack of clarity on future interest rate cuts under Jerome Powell's leadership has placed a damper on a Bitcoin price rally, analysts say. The Federal Reserve slashed interest rates by 25 basis points on Wednesday to a target range of 3.5% to 3.75%. However, mixed comments from Federal Reserve Chair Jerome Powell will likely quell a Bitcoin price rally until the rate-cutting cycle resumes in 2026, analysts say. “In the near term, risks to inflation are tilted to the upside and risks to employment to the downside, a challenging situation. There is no risk-free path for policy,” Powell said at Wednesday’s Federal Reserve Open Committee (FOMC) meeting. These comments were not as “hawkish” as some analysts expected, but the Federal Reserve is now expected to issue only one rate cut in 2026 under Powell’s leadership, according to market analyst and Coinbureau founder Nic Puckrin. He added: Read more
Federal Reserve monetary policy could benefit stocks, but BTC options show the short-term odds of Bitcoin rallying to $100,000 remain slim. Key takeaways: BTC derivatives pricing indicates weak conviction in a move above $100,000, reflecting macroeconomic uncertainty and Bitcoin’s underperformance compared to gold. Despite improved liquidity from Federal Reserve actions, whales remain cautious, signaling skepticism toward a durable Bitcoin breakout. Read more
The funding will support Surf’s next AI model aimed at delivering deeper onchain analysis and automating research for crypto companies and traders. Surf, an AI platform built for digital-asset analysis, raised $15 million in a round led by Pantera Capital with participation from Coinbase Ventures and DCG, to expand its AI models and enterprise tools. The company offers a domain-specific model used by exchanges and research companies to analyze onchain activity, market behavior and sentiment. The funding will go toward Surf 2.0, which will introduce more advanced models, broader proprietary data sets and additional agents designed to handle multi-step analytical tasks. Surf said its platform has seen rapid uptake since its launch in July, generating more than one million research reports and claiming millions in annual recurring revenue, with usage from a large share of major exchanges and research firms. Read more
Falling sales and diminished Bitcoin gains pressured earnings, with the stock continuing to retrace its brief rally in March. GameStop missed analyst estimates in the third quarter of 2025, dragging shares down over 4% on Wednesday, as declining core sales and reduced Bitcoin gains weighed on the quarter. The company’s Q3 revenue of $821 million fell short of analyst expectations of $987.29 million, according to Seeking Alpha. GameStop’s Q3 report also shows that it holds 4,710 Bitcoin (BTC), with unrealized losses during the quarter totaling $9 million, though its BTC position remains up $19.4 million for the year. Read more
Tether says the system is designed to give users control over biometric data by keeping analysis and storage off the cloud. Tether has launched a new platform that aggregates data from multiple wearables and wellness apps into a single, locally processed dashboard, aiming to give users control over their biometric information. The platform, called QVAC Health, aggregates data from fitness trackers, nutrition apps and other wearables into an encrypted dashboard that works offline, using on-device AI and peer-to-peer model downloads to analyze activity, meals, symptoms and medication logs without relying on external servers. The app includes experimental computer-vision tools that can estimate calories and macronutrients from meal photos and can correlate those logs with data from multiple wearables to identify patterns in activity, recovery or sleep, all processed locally on the user’s device, according to a Wednesday announcement. Read more
ChronoForge’s shutdown highlights mounting financial strain across Web3 gaming as shrinking budgets and dismal market sentiment take their toll. ChronoForge, a Web3 game studio developing a multiplayer action RPG centered on onchain asset ownership, is shutting down after months of operating with a drastically reduced team, a closure that underscores the severe financial pressures facing the Web3 gaming sector during the current market downturn. On Wednesday, the studio announced it will cease all services by Dec. 30, citing “many headwinds,” including a funding shortfall that forced the founders to finance development out of pocket since July and reduce staff by 80%. In a statement posted to social media, the team said it had continued operating under intense financial strain, pushing out patches and new features “despite no marketing budget, below sustainment revenue, loss of codevelopers and terrible Web3 gaming sentiment.” Read more
A divided Federal Reserve approved a 0.25% rate cut, but concerns over inflation and growth, as well as Glassnode data highlighting BTC’s “fragile range,” may keep it under $100,000. On Wednesday, the US Federal Reserve approved a 25-basis-point interest rate cut, marking the third this year and aligning with market expectations. Typical of its previous pre-FOMC price action, Bitcoin rallied above $94,000 on Monday, but the media’s hawkish depiction of the rate cut reflects a Fed that is divided over the future of US monetary policy and the economy. Given the “hawkish” label associated with this week’s rate cut, it’s possible that Bitcoin price could sell on the news and remain range-bound until a new momentum driver emerges. CNBC reported that the Fed’s 9-3 vote is a signal that members remain concerned about the resilience of inflation, and that the rate of economic growth and pace of future rate cuts could slow in 2026. Read more
The company’s second acquisition in a week brings manufactured-home chattel loans onchain as Ether treasury stocks continue to slide. Former biotech company ETHZilla (ETHZ) is doubling down on its push into real-world asset markets, taking a 15% stake in digital housing lender Zippy to bring manufactured-home loans onchain. The deal marks the company’s second acquisition in a week. According to Wednesday’s announcement, ETHZilla will pay $5 million in cash and $16.1 million in stock for a 15% stake in Zippy, a US-based lender founded in 2021 that originates manufactured-home loans through a digital platform. The companies plan to link Zippy’s loan-origination and AI-powered systems with ETHZilla’s tokenization stack for onchain distribution of manufactured-home chattel loans, including potential forward-flow sales to institutional investors. Read more
The digital assets company is one of many to seek regulatory approval from UAE authorities or attempt to expand their services into a region drawing them in. Galaxy, the digital asset management and infrastructure company, announced an upcoming office and a new arm in Abu Dhabi as part of its push into the Middle East. In a Wednesday notice, Galaxy said it would establish an entity under the registration authority of the Abu Dhabi Global Market (ADGM), the area’s international financial center. According to Galaxy founder and CEO Mike Novogratz, the move was part of a strategy to expand the company’s existing partnerships and operations. “The Middle East is a rapidly growing financial hub that is home to some of the world’s most sophisticated investors and innovators,” said Galaxy managing director Bouchra Darwazah. “It has become a particularly influential region for our investors, clients, and portfolio companies, and we believe this office will help establish new opportunities as a leading global digital a...
The company argued that digital asset treasuries are operating companies and that MSCI indexes include businesses with a single-asset focus. Strategy, the largest Bitcoin treasury company, submitted feedback to index company MSCI on Wednesday about the proposed policy change that would exclude digital asset treasury companies holding 50% or more in crypto on their balance sheets from stock market index inclusion. Digital asset treasury companies are operating companies that can actively adjust their businesses, according to the letter, which cited Strategy’s Bitcoin-backed credit instruments as an example. The proposed policy change would bias the MSCI against crypto as an asset class, instead of the index company acting as a neutral arbiter, the letter said. Read more
Bitcoin is attempting a recovery, but the short-term trend depends on the Federal Reserve’s upcoming interest rate decision. Meanwhile, ETH leads the altcoin recovery. Key points: Buyers will have to drive Bitcoin above $94,589 to open the gates for a retest of the psychological level of $100,000. Ether is showing strength, but several other major altcoins are struggling to sustain their rebound. Read more
Vanguard is opening crypto ETF access to millions of investors. The move reflects a broader 2025 trend of crypto finding its way into investor portfolios. Vanguard’s decision to open access to spot crypto ETFs marks a major shift from its earlier anti-crypto stance and gives more than 50 million clients a regulated path to gain exposure to digital assets. The firm will allow trading of approved third-party ETFs tied to BTC, ETH, XRP and SOL while avoiding memecoins or unregulated tokens and choosing not to launch its own crypto products. The move brings significant institutional legitimacy to crypto and shows that even traditionally conservative asset managers cannot overlook sustained demand for regulated exposure to digital assets. Read more
Dormant Bitcoin giants have awakened. Onchain data shows aging wallets reactivating, reshaping supply dynamics across the network. In July 2025, analysts watched eight Satoshi-era wallets, each holding 10,000 BTC, move their coins for the first time in 14 years. In total, 80,000 Bitcoin (BTC) (about $8.6 billion at the time) shifted out of long-dormant addresses in a single clustered episode of movement observed onchain. Blockchain sleuths traced these coins back to 2011, when they were acquired for under $210,000 in total, implying a return of nearly 4,000,000%. Read more
Bitcoin’s reaction to FOMC decisions often conflicts with traders’ predictions. Will today’s Federal Reserve interest rate outcome lead to a rally or sell-off? Bitcoin (BTC) price surged above $94,000 on Tuesday, a day before the Federal Open Market Committee (FOMC) interest rate decision, and history suggests that traders should brace for volatility. Throughout 2025, BTC’s performance around FOMC meetings revealed that macroeconomic expectations are often priced in, and this front-running by traders can overshadow the actual impact of the policy decision itself. Key takeaways: Read more
The letter to the US Senate Banking Committee cited opposition to the digital asset market structure bill, echoing concerns from other labor groups. The American Federation of Teachers (AFT), a union championing educators in the United States, has voiced its opposition to crypto market structure legislation moving through the Senate, claiming it “threatens the stability of their retirement security.” In a Monday letter to Republican and Democratic leaders on the US Senate Banking Committee provided by CNBC, the AFT said it opposed passage of the Responsible Financial Innovation Act, the bill that senators said “built on” the House of Representatives’ proposed solution to market structure, the CLARITY Act. According to the teachers’ union, the bill presents “profound risks” to economic stability and retirement plans. “This bill fails to provide a regulatory structure for crypto assets and stablecoin that is equivalent to that for other pension holdings,” said the letter. “Most pensions do not carry crypto asse...
Bitcoin whipsawed around the key yearly open level into the Fed interest-rate announcement as traders waited for a reliable move. Bitcoin (BTC) gave back recent gains on Wednesday as traders predicted fakeout moves around the Federal Reserve interest-rate announcement. Key points: Bitcoin fails to hold onto its recent trip past $94,500 as nerves accompany the Fed interest-rate decision. Read more
Stablecoins rank among the top catalysts for Web3 gaming growth, signaling a shift toward fundamentals, monetization and payment infrastructure. Blockchain game builders are increasingly prioritizing fundamentals and infrastructure over token-fuelled growth cycles, with stablecoin adoption emerging as one of the top three catalysts for the first time, according to the latest report from the Blockchain Gaming Alliance (BGA). On Wednesday, the BGA published its 2025 State of the Industry Report, which shows a shift in what builders believe will drive success in blockchain gaming. According to the report, the top three growth drivers were high-quality game launches (29.5%), revenue-driven business models (27.5%) and stablecoin adoption in payments (27.3%). Read more6016 items