Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ledger has expanded asset coverage by deepening its integration with Celo, an Ethereum L2 focused on low-cost, global payments. The Ledger Wallet — first integrated with Celo in 2022 — now supports expanded Celo‑native assets and functionality, including cross‑chain sending, receiving and swapping. Supported assets include the native governance token CELO and Mento Labs’ local stablecoins that track cUSD, cEUR, cCOP, cGHS and cREAL. Benefits highlighted by Celo and Ledger include sub‑cent transaction fees, one‑block finality, fee abstraction and reduced arbitrage and global payment costs for users. This integration comes months after Ledger launched its Enterprise Mobile App for institutional clients, which added remote transaction approvals and Clear Signing to mitigate blind signing risks. For traders, the update increases on‑chain usability for Celo assets and may improve liquidity and accessibility for CELO and Celo stablecoins.

Bitcoin (BTC) has recovered from a recent dip and is trading above $93,000 after briefly reclaiming $94,000. Technical indicators have turned more bullish: the 4‑hour RSI is around 61 and MACD flipped positive, signalling upward momentum. Analysts cite fresh institutional tailwinds — Vanguard allowing clients to trade crypto ETFs and Bank of America’s recommendation of a 1%–4% crypto allocation — as potential sources of significant new liquidity (estimates up to $700 billion). If BTC clears the $93k–$95k resistance zone, it could target $100,000 and the 50‑week SMA near $102,000; failure to hold momentum may prompt a retest below $91,000. Key near‑term levels: support ~ $91k, resistance ~ $96.4k, key long‑term SMA ~ $102k. Primary keywords: Bitcoin price, BTC, $100K, technicals, crypto ETFs. Secondary/semantic keywords included: Vanguard crypto ETFs, Bank of America allocation, RSI, MACD, 50‑week SMA, liquidity. This update is relevant for traders monitoring breakout setups, institutional flows, and critical support/resistance levels for short‑term entries or risk management.

CryptoQuant analysts say the Bitcoin bear market began in early November and warn that if it continues BTC could trade between $70,000 and $55,000 next year, with $55,000 as the most bearish scenario. The firm highlights that major institutional holder Strategy (led by figures including Michael Saylor) established a roughly $1.44 billion cash reserve in US dollars this week to cover dividends and debt interest. CryptoQuant’s research head Julio Moreno interprets the US dollar reserve as a high-probability signal of potential BTC sales, though he notes sales would be a last resort and Strategy would prefer using Bitcoin derivatives. Strategy’s CFO Andrew Kang states the USD reserve is a liquidity risk-management tool that would be used when mNAV>1, and at current BTC levels (~$93,500) the company could sustain operations and dividends for over three years without selling. Key points for traders: potential increased selling pressure if institutional holders tap USD reserves, CryptoQuant’s bearish price band ($70k–$55k), emphasis on derivatives use over spot sales, and the signal that institutional risk-management is shifting toward cash hedges.

The UK’s Property (Digital Assets etc.) Act 2025 formally recognises certain digital assets — including cryptocurrencies, stablecoins and NFTs — as potential personal property under UK law. Based on Law Commission recommendations, the Act allows digital or electronic items to be treated as property if they are definable, identifiable to third parties, capable of being assumed, and possess a degree of permanence. The law integrates digital assets into existing property and insolvency frameworks, enabling enforcement of ownership, recovery after theft or hacks, inclusion in bankruptcy and clearer treatment in insolvency proceedings. It does not automatically classify every token as property; courts will decide case-by-case. Analysts cited estimate the legal clarity could attract significant institutional capital and accelerate tokenised securities and blockchain lending product development. Separately, UK ministers are preparing legislation to ban political donations in crypto citing traceability and election-integrity concerns. Reported market data noted Bitcoin trading higher (around $92k in one report). Key implications for traders: stronger legal recourse for custodial disputes and stolen wallets, more predictable insolvency outcomes for crypto holders, potential boost to institutional flows and product issuance in the medium term, and regulatory limits on political-crypto use that may affect certain on-ramps and narrative-driven flows.

Cardano (ADA) has shifted into a renewed downtrend after failing to break resistance in the $0.47–$0.50 zone and higher resistance near $0.70–$0.85; ADA is trading around $0.43 and has lost upward momentum. Meanwhile Mutuum Finance (MUTM), a new DeFi lending token launched at $0.01 in early 2025, has seen rapid presale traction — trading near $0.035 after a roughly 250% rise, with about $19M raised, ~18.2k holders and 1.82 billion of 4 billion supply offered. The presale moved into Phase 6 and is reported at ~99% allocated, leaving only a small allocation below $0.04; Phase pricing is due to rise toward $0.04 and later $0.06 at market launch per the presale schedule. Mutuum’s roadmap includes a Sepolia testnet V1 in Q4 2025 (ETH and USDT support), Halborn security review, interest-bearing mtTokens, liquidation tools and a revenue-driven buyback mechanism that redistributes purchased MUTM to stakers. Reports cite whale participation (noted $115K allocation) and easier onramps such as card payments as drivers of urgency among retail buyers. The earlier coverage that showed ADA briefly rebounding above $0.60 is superseded by the later update describing renewed weakness. The article is a sponsored press release and not investment advice. Traders should note a possible short-term capital rotation from ADA into high-yield presale tokens like MUTM, which can pressure ADA price near-term while elevating demand for MUTM; monitor presale allocation, whale activity and whether ADA can reclaim key resistance for a technical recovery.

XRP community analysts report a notable contraction in exchange-held XRP and rising concentration among large wallets, prompting predictions of a sizable price move. Mullen’s on-chain review showed coordinated declines on major exchanges — Upbit (reported -6.22B XRP), Binance (-2.56B), Bithumb (-1.77B) — and steep reductions at Uphold, eToro, Bybit and Bitbank. Combined tracked exchange balances fell to ~15.86B XRP, down ~6.5B (29.1%) since February. Some outliers include Evernorth (+13.36%), Coincheck (+550M), and OKX (large percentage increase likely from wallet reclassification). The XRP rich list shows top 10,000 wallets holding ~51.39B XRP; recent whale activity added ~95M XRP across new and existing accounts while 78 large wallets released ~108M XRP — indicating rotation rather than wholesale exits. Analyst XFinanceBull highlighted that when supply tightens (shrinking exchange balances and concentrated rich lists), XRP often posts large moves. ETF inflows have also accelerated demand: XRP ETFs collected ~$874.3M since Nov. 13 (~401M XRP at $2.18), adding further supply pressure. The reporting cautions that on-chain snapshots can reflect wallet reshuffles and remain unconfirmed. Traders should watch exchange balances, whale flows and ETF inflows for short-term liquidity signals and potential volatility.

PEPE, a 2023 memecoin driven by community sentiment rather than on‑chain utility, is unlikely to reach $0.01 by 2030 without extraordinary events such as massive token burns, unprecedented adoption, major exchange listings or regulatory tailwinds. Short‑term (2025) scenarios: bear $0.0000005–$0.000001, neutral $0.000001–$0.000002, bull $0.000002–$0.000005 (probabilities ~30%/50%/20%). Mid‑term (2026–2028) upside depends on adding tangible utility (DeFi integration, NFT/gaming, partnerships, burns, governance) or major listings and celebrity endorsements. More realistic 2030 outcomes are moderate growth to $0.00001–$0.00005 or a breakout to $0.0001–$0.0005 if major utility and adoption occur. Key risks include extreme volatility, regulatory scrutiny, supply dilution from competing memecoins, an anonymous development team, and limited real‑world use. Traders should treat PEPE as high‑risk speculation: allocate only disposable capital, set strict profit‑taking and stop‑loss rules, monitor community metrics and utility progress, and maintain diversification beyond memecoins. Compared with Dogecoin and Shiba Inu, PEPE has strong community engagement in some demographics but lacks first‑mover advantage and ecosystem backing, making sustained large gains dependent on favorable market cycles and concrete utility developments. Disclaimer: not financial advice.

Bitcoin rose from ~$84K to around $93K after a five-day streak of substantial spot Bitcoin ETF inflows, led by BlackRock’s IBIT which added $120.1M in a single day. Analysts are mapping a path toward $120K if ETF inflows continue; the report highlights that ETFs are now the marginal buyer rather than leveraged speculative traders. The article links higher regulated demand to growing base‑chain activity (blockspace and fees) and notes a shift in market focus from hoarding BTC to owning the payment rails and infrastructure. Two projects are highlighted as beneficiaries of this trend: Bitcoin Hyper (HYPER), a Bitcoin Layer‑2 built on the Solana Virtual Machine with a canonical bridge for BTC, and SUBBD Token (SUBBD), an ERC‑20 aimed at turning the creator economy into an AI‑powered subscription/payment stack. The piece emphasizes BlackRock’s ‘mega forces’ outlook (AI, tokenization, stablecoins) as supportive of on‑chain economic activity and cites presale fundraising figures (SUBBD $1.38M at $0.0571; Bitcoin Hyper presale referenced).

On‑chain data and CryptoQuant show Binance’s on‑exchange Bitcoin (BTC) reserves have fallen to multi‑year lows as large quantities move off the exchange. Key drivers are US spot‑ETF purchases held by custodians and long‑term holders shifting coins into private cold wallets during rallies. The reduced exchange float tightens available supply and can apply upward pressure to BTC prices. At the same time derivatives activity is elevated: futures open interest is near record levels (~$67B), daily futures turnover has exceeded $60–86B on busy days, and perpetuals make up over 90% of volume. Recent volatility produced large forced liquidations — an Oct. 10 episode saw hourly long liquidations above $640M and a ~22% drop in open interest within 12 hours. Price action: BTC has traded volatile between roughly $85K and $121K in recent weeks; traders are eyeing $92K–$94K as near‑term resistance and $88K–$89K as immediate support, with a clean daily close above $92K–$94K potentially accelerating a move toward $100K. For traders, the essentials are: declining on‑exchange supply (bullish pressure), significant ETF custody demand (structural demand outflows), record‑high derivatives exposure (elevated liquidation risk), and key technical levels that could trigger rapid moves in either direction.

BlackRock’s 2026 Global Outlook highlights AI, digital infrastructure and stablecoins as structural trends through 2030, reinforcing an institutional utility narrative. The article recommends three crypto plays aligned with that thesis: PEPENODE (a mine‑to‑earn ERC‑20 memecoin on Ethereum with virtual miner nodes and a presale reportedly raising ~$2.26M), SUBBD Token (an AI‑first creator‑economy token targeting tokenized payments, AI assistants and voice cloning, with a presale reportedly raising ~$1.38M) and BNB (the blue‑chip chain token benefiting from on‑chain activity, low fees and a deflationary burn model). Price points and speculative ROI targets are given for the presale projects (PEPENODE: current price $0.0011778, 2026 target $0.0072; SUBBD: current price $0.0571, 2026 target $0.48) and BNB is noted trading near $910 with recent 2.13% weekly gains. The piece frames these names as complementary ways to play institutional adoption of AI and stablecoins: gamified retail rails (PEPENODE), AI creator infrastructure (SUBBD), and large‑cap chain exposure (BNB). It closes with the standard reminder: not financial advice; DYOR and manage risk.

U.S. Senator Cynthia Lummis posted a Bitcoin-themed children’s-book-style image on X with the caption “Big things coming for Franklin!”, prompting renewed market speculation that the U.S. could expand official Bitcoin holdings under the Strategic Bitcoin Reserve (SBR) framework. Crypto outlets framed the post as a hint toward federal purchases; observers tied it to Lummis’ prior proposal allowing the government to hold up to 1 million BTC and to President Trump’s March executive order establishing an SBR framework. Treasury Secretary Scott Bessent’s recent public Bitcoin engagements further amplified the narrative. No official confirmation of federal Bitcoin purchases has been announced; the U.S. currently holds law-enforcement-seized BTC, but recent totals are undisclosed. Traders are watching social signals, policy cues and SBR-related developments for their potential impact on BTC supply expectations and market direction.

Connecticut’s Department of Consumer Protection (DCP) has issued cease-and-desist orders to prediction-market platforms Kalshi, Robinhood and Crypto.com, demanding they immediately stop offering sports-linked event contracts to state residents. The DCP classifies these contracts as unlicensed online gambling under state wagering laws and cites consumer-protection risks: access by under-21 users, weak platform integrity and technical controls, insufficient safeguards against insider wagering, and deceptive advertising. The platforms contend their markets are federal derivatives regulated by the Commodity Futures Trading Commission (CFTC) rather than traditional sportsbooks; Kalshi has already sued in federal court asserting CFTC jurisdiction. The action follows prior state enforcement moves (including a 2024 Bovada ban and recent expanded legislation) and earlier regulatory engagement by the CFTC, which previously asked Crypto.com to pause sports-linked products. The orders escalate a broader regulatory clash between state gambling authorities and prediction-market/derivatives-style platforms. For crypto traders, the dispute creates legal uncertainty for platform operations and user access in regulated U.S. states, could reduce liquidity and product availability on affected platforms, and may prompt shifts in where sports-linked derivatives and prediction markets operate or list — potentially affecting tokens, trading volumes and correlated market instruments tied to those platforms.

Ripple CEO Brad Garlinghouse told attendees at Binance Blockchain Week that Bitcoin (BTC) could reach $180,000 by the end of 2026, citing expected U.S. regulatory reform over the next 12–18 months as the main catalyst. He argued that clearer rules would unlock institutional capital from asset managers such as BlackRock, Vanguard and Fidelity, and pointed to growth in tokenization, payments and Web3 infrastructure as drivers that extend demand beyond speculation. Other panelists — including Solana Foundation President Lily Liu and Binance CEO Richard Teng — expressed long‑term bullish views but warned near‑term upside depends on macro liquidity, adoption and continued volatility. The remarks follow pronounced 2025 price swings and a recent pullback, underscoring both the potential for significant upside if institutional flows arrive and the risk of short‑term consolidation or reversals. Traders should note the headline bullish target may boost speculative interest and derivatives positioning, while regulatory developments, institutional inflows, macro liquidity and tokenization adoption will be the key variables to monitor.

Secure Legion has launched the public beta of a new privacy-focused messaging platform that claims to transmit messages without retaining metadata. The platform aims to offer encrypted messaging where senders, recipients, timestamps and routing data are not stored or linkable, addressing growing privacy concerns in Web3 and crypto communications. Secure Legion highlights features including end-to-end encryption, decentralized relay nodes, ephemeral message storage, and cryptographic proofs to validate message delivery without metadata exposure. The public beta invites developers and users to test functionality, report bugs, and evaluate performance and interoperability with wallets and identity systems. Secure Legion positions the product as suitable for journalists, activists, and crypto users seeking stronger privacy guarantees than traditional messaging apps. The company did not disclose tokenomics or monetization plans in the announcement. Traders should note that privacy-focused infrastructure can influence on-chain privacy tools and privacy token demand, but immediate market-moving effects are limited unless integrated with major protocols or token launches.

The U.S. Securities and Exchange Commission has told multiple ETF issuers — including Direxion, ProShares and Tidal — to revise or halt proposals for funds offering more than 200% exposure to their reference portfolios. Citing the Investment Company Act of 1940 and Rule 18f‑4, the SEC requires leveraged ETFs to be measured against an unleveraged reference portfolio and limits leverage risk to 200% value‑at‑risk (VaR) relative to that baseline. The agency has asked issuers to reduce proposed 3x–5x leverage levels or amend filings to comply, increasing the likelihood of delays, scaled‑back product launches, or withdrawals for crypto‑linked leveraged ETFs tied to BTC and ETH. Traders should expect a near‑term reduction in the supply of high‑leverage crypto products, potential compression in demand for leveraged instruments, and greater regulatory scrutiny of ETF derivatives and leverage models. Primary keywords: SEC, crypto ETFs, leveraged ETFs; secondary keywords: 3x ETF, 5x ETF, Rule 18f‑4, VaR, Bitcoin, Ethereum.

Key crypto developments: Ethereum mainnet successfully activated the Fusaka upgrade (epoch 411392), introducing PeerDAS and R1/pre-confirmation optimizations that raise rollup data throughput by ~8x and prepare L1 for higher gas limits. US SEC Chair Paul Atkins told Fox News the bipartisan Bitcoin market-structure bill is close to passage, signaling potential regulatory clarity for BTC markets. Market activity: Ethereum spot ETFs saw $140M net inflows on Dec 3, while Bitcoin spot ETFs had $14.9M net outflows that day. Ethereum treasury purchases plunged — DAT treasuries bought 370k ETH in Nov vs. 1.97M in Aug (-81%). Institutional moves: Franklin Templeton launched a Solana ETF (SOEZ); Tom Lee reportedly bought $150M of ETH. Project & token news: Solana Mobile will issue SKR in Jan 2026 (30% airdrop); Beam (BEAM) added to Coinbase listing roadmap; Aave DAO removed USDS and DAI as collateral and raised reserve factors; Binance Alpha launched a second Humanity Protocol (H) airdrop; Arkham added multichain swap. Corporate/regulatory: YZi Labs served a remediation notice to 10X Capital over alleged mismanagement at BNC; Binance co-CEO highlighted focus on culture, systems and AI; Coinbase CEO said the firm is piloting projects with several major banks. M&A and funding: 2025 crypto M&A totals surpassed $8.6B (PitchBook); Ostium raised $20M; Antithesis raised $105M. Trading impact summary: Fusaka materially improves Ethereum scaling prospects, likely positive for ETH-related products and rollup throughput. Pending US market-structure legislation and ETF flows remain primary drivers for BTC price action in the near term.

Stock index futures were mostly flat on Thursday as market attention focused on rate-cut discussions ahead of next week’s Federal Open Market Committee (FOMC) meeting. S&P 500 futures were unchanged, Nasdaq 100 futures slipped about 0.1%, and Dow futures gained roughly 0.1%. Traders are parsing signals around the timing and likelihood of Federal Reserve rate cuts, which remain the principal driver of equity sentiment heading into the FOMC. No major economic releases or corporate catalysts were highlighted in the report.

DigiAssetFund (DACM) withdrew 15,000 HYPE (~$525k) from FalconX on Dec. 4, raising on‑chain holdings in that wallet above $1 million, according to Nansen. DACM’s Executive Chairman and CIO Richard Galvin also disclosed a Series A investment in Ostium Labs the same day, citing inefficiencies in global CFD markets. Separately, Hyperliquid’s HIP‑3 permissionless custom perpetual markets surpassed $5 billion in cumulative trading volume across platforms (notably Tradexyz, Felix Protocol and Ventuals) with over 21,800 traders. On the HYPE price chart, the token trades near $34–35, testing a long‑standing descending trendline that has capped rallies for months. Key technicals: Bollinger Bands (upper $40.38 / mid $35.04 / lower $29.70), RSI ~47 and support at $29–31. A decisive breakout above the trendline and the $40 region would target roughly $52 — a potential ~50% gain from current levels. Failure to break could push HYPE back to $29, and losing that support may extend a pullback toward $24. Primary keywords: HYPE, Hyperliquid, DACM, HIP‑3, trendline breakout.

Solana-focused cross-chain transfers reached approximately $4.6 billion in November, driven largely by Ethereum-to-Solana flows. Data from SolanaFloor showed over $3 billion of the month’s inbound liquidity originated from Ethereum, underlining ETH-to-SOL bridges as the primary corridor for value movement. The surge reflects strong demand for on-chain settlement and asset mobility on Solana, with implications for network utilization and transaction costs. For traders, the figures highlight the importance of cross-chain infrastructure, corridor volume monitoring, and liquidity strategies — factors that can affect Solana token demand, short-term volatility, and fee dynamics across both chains.

U.S. Magistrate Judge Ona Wang has ordered OpenAI to produce 20 million anonymized ChatGPT conversation logs as evidence in a copyright lawsuit filed by The New York Times and MediaNews Group. Plaintiffs allege OpenAI trained models on copyrighted news content and that ChatGPT sometimes reproduces or closely summarizes paywalled articles without permission. The court requires removal of identifying data (names, emails, phone numbers) and imposes protective measures; OpenAI’s privacy objections were overruled. The logs aim to show whether outputs mirror journalistic content and could affect over 100 million daily ChatGPT users and broader AI training practices. Legal actors include Judge Wang and U.S. District Judge Sidney Stein, who oversees the wider case. Media executives (e.g., MediaNews Group’s Frank Pine) stress the economic harm to publishers, while OpenAI cites fair-use defenses. The ruling may set precedents for AI data discovery, influence future suits against other tech firms, and lead to licensing or large settlements if systemic misuse is shown. Traders should note potential reputational and regulatory pressure on AI-related stocks and tokens, increased litigation risk across the tech sector, and possible market volatility for companies tied to generative AI monetization.

Crypto markets turned sharply bearish as SUI plunged below $1.5 (testing ~$1.3) and Ethereum slid beneath $2,800 amid high-volume selling. The article highlights the Digitap ($TAP) presale as a defensive buy for traders seeking utility-backed exposure during the downturn. Digitap bills itself as an "omnibank" bridging fiat and crypto with on/off-ramps, payments, card spending, staking, governance and burn mechanics tied to transaction volume. The $TAP presale uses time-based tiers (current price stated as 0.0326 USDT), has reportedly raised over $2 million with 130M+ tokens sold, and is marketed as offering staking rewards, cashback, discounted fees and deflationary supply pressure. Analysts quoted in the piece predict bullish post-launch targets ($1–$5) based on payments adoption and tokenomics. The article is a sponsored press release and not investment advice.

Ethereum traded near $3,215 on December 4, 2025, supported by concentrated buying from whale wallets holding between 1,000 and 10,000 ETH. On-chain data from COINOTAG shows this cohort accumulated roughly 450,000 ETH between November 18 and December 2, 2025. Network activity also rose: daily new wallet creation reached about 190,000, indicating growing participation. Key points for traders: large-holder accumulation reduced short-term available supply and likely contributed to upward price pressure; the surge in new wallets may increase demand and network utility; watch on-chain flows and whale distribution for potential resistance levels and concentration risk. Primary keywords: Ethereum, ETH, whale accumulation, on-chain data; secondary keywords: network activity, new wallets, price drivers.

Ethereum co‑founder Vitalik Buterin proposed three structural limits aimed at reducing attack vectors and making the network more predictable. The proposals are: 1) cap how much contract code a single transaction can access to prevent resource‑exhaustion and denial‑of‑service style attacks; 2) impose a hard cap on ZK‑EVM prover cycles per block so ZK rollup proofs cannot overwhelm the main chain; and 3) revise the EVM memory cost model and strengthen hard caps on transaction memory use to close loopholes that enable memory‑based attacks. Buterin frames these changes as shifting Ethereum from maximal flexibility toward greater security and predictability without stifling legitimate development. The updates aim to stabilise gas pricing, protect base‑layer integrity as ZK scaling grows, and reduce node crashes from abusive transactions. These are proposals requiring community discussion and formal inclusion in a future upgrade; implementation is likely months away. Relevant SEO keywords: Ethereum, Vitalik Buterin, EVM memory, ZK‑EVM, attack vectors, gas predictability, network security.

PC Coin, the native token of the PanFreedom ecosystem, surged from its $20 launch price to $4,336 following a listing on Coinstore. The project positions PC Coin as a utility token for staking, ecosystem payments and premium features inside PanFreedom’s suite of services. Coinstore’s global exposure reportedly improved liquidity and attracted both retail and experienced traders. PanFreedom promotes a delegation program on its Panchain with fixed monthly dividends of 2% for the first 12 months, a controlled token unlock of 2% per month from month 13 over 62 months, and a referral reward of 10% of the referred investment. The article frames the rally as driven by expanding utility, a clear roadmap and community participation, while noting the information is not trading advice and recommending independent research.

UK-listed Hamak Strategy has closed a £2.5 million financing round to bolster its Bitcoin treasury strategy and fund gold exploration in Africa. The group’s Hamak Gold unit previously acquired an inaugural 20 BTC in July to seed its crypto holdings as part of a dual-asset approach that combines precious metals and digital assets. On 15 October the company also disclosed a larger £35 million financing line intended to support ongoing investments in both gold and Bitcoin. Management says the moves reflect disciplined balance-sheet management designed to diversify exposure and attract institutional funding. Key datapoints for traders: £2.5m new raise, 20 BTC initial purchase, and a £35m additional financing facility announced in October. Market relevance: further corporate Bitcoin accumulation can tighten BTC supply on exchanges and signal institutional demand, while the concurrent focus on gold indicates a hedged, dual-asset treasury policy.

MicroStrategy has created a $1.44 billion USD cash reserve, funded via at‑the‑market MSTR share issuances, to cover preferred-share dividends, bond interest and to provide liquidity amid rising Bitcoin volatility. The company plans to expand this buffer to cover 12–24 months of obligations. On-chain analytics firm CryptoQuant interprets the shift to a dual-reserve strategy (cash + BTC) as MicroStrategy preparing for prolonged or deeper Bitcoin weakness and reduced capital‑market support for equity issuance. CryptoQuant highlights a sharp slowdown in MicroStrategy’s BTC accumulation — monthly purchases fell from ~134,000 BTC in November 2024 to ~9,100 BTC in November 2025, with only ~135 BTC added in early December — coinciding with Bitcoin’s pullback from its $126k all-time high to around $93k. CryptoQuant’s Bull Score has dropped to zero and its head of research projects Bitcoin could trade in a $70,000–$55,000 range next year if bearish conditions persist. MicroStrategy says the USD reserve is a liquidity tool, not a signal of imminent BTC sales; management prefers hedging with derivatives and selective sales only as a last resort. Mizuho has maintained an ‘Outperform’ rating on MSTR with a $484 target. Implications for traders: the firm’s reduced guaranteed buy pressure removes a major institutional demand tailwind, which could dampen upside during rallies (bearish for BTC price momentum). Conversely, larger cash buffers and use of derivatives lower the risk of forced, large-scale BTC liquidations from MicroStrategy, reducing the likelihood of extreme volatility from a single holder. Primary keywords: MicroStrategy, Bitcoin, USD reserve, CryptoQuant, MSTR, BTC.

U.S. spot XRP ETFs have seen twelve consecutive days of inflows, reaching $844.9 million in assets under management (AUM) as of Dec. 2, 2025 — putting them within reach of the $1 billion milestone. Inflows totaled about $89.65 million on Dec. 1 and $67.7 million on Dec. 2. Major asset managers including Invesco and Franklin Templeton have filed for their own XRP ETFs. By comparison, spot Solana ETFs hold $651 million, while spot Bitcoin and Ethereum ETFs remain at roughly $57.7 billion and $12.8 billion respectively. Separately, Firelight Protocol (backed by Flare and incubated by Sentora) launched staking‑based on‑chain insurance for XRP, introducing a native yield option via staking to provide DeFi protocol insurance. Regulators are also active: the U.S. SEC issued nine warning letters on Dec. 2 to issuers of proposed ultra‑leveraged crypto ETFs (including Direxion, ProShares and Tidal Financial), citing Rule 18f‑4 limits and ordering reductions or withdrawals for products seeking extreme leverage (3x–5x). Market moves coincided with a broader crypto rally — driven by Bitcoin rising from $84k to $94k and $492 million in short liquidations — but analysts caution the rebound is liquidity‑driven amid persistent macro uncertainty (central bank policy, BOJ pressures, prospect of U.S. rate cuts). Key takeaways for traders: XRP spot ETF flows are accelerating and may propel XRP liquidity and volatility near the $1B AUM threshold; new staking/insurance products could attract long‑term holder demand; SEC actions narrow product innovation for leveraged crypto exposure, potentially shifting investor flows toward spot ETFs and regulated products.

BitMine Immersion Technologies bought 96,798 ETH (~$265M) in the week ending Nov. 30, 2025, raising its Ethereum treasury to 3.73 million ETH (over 3% of circulating supply). The firm reports $12.1B in total assets, $882M in unencumbered cash and holds 192 BTC. Management increased its weekly ETH purchase pace by 39%, citing Ethereum’s upcoming Fusaka network upgrade and expectations for a Federal Reserve pause (and potential rate cuts) as catalysts. The accumulation occurred amid wider market volatility and while some institutional treasuries slowed purchases. Traders should note the concentration risk — large, continued institutional buying can support near-term ETH demand, but BitMine’s sizable position also amplifies downside exposure if prices retrace. Key keywords: BitMine, ETH accumulation, Fusaka upgrade, institutional buying, Ethereum treasury.

The UK Parliament enacted the Property (Digital Assets etc) Act 2025, receiving Royal Assent on 2 December 2025, formally recognising digital assets — including cryptocurrencies and stablecoins — as a distinct class of personal property. The law, recommended by the Law Commission of England and Wales in 2023 and introduced to the House of Lords in September 2024, establishes that a “thing” can be the object of personal property rights even if it is neither a thing in possession nor a thing in action. It applies to England, Wales and Northern Ireland and replaces inconsistent case law by standardising ownership rights, theft and fraud recovery, estate administration, insolvency treatment, and litigation handling for digital asset holdings. Industry groups such as Bitcoin Policy UK and CryptoUK welcomed the change, saying it improves legal certainty for everyday holders, supports tokenisation and innovation, and strengthens consumer protections. For traders, the law reduces legal ambiguity around custody, inheritance and bankruptcy claims, which can lower counterparty and legal risk for on-chain and custodial assets. Short-term market reaction may be positive as confidence and institutional participation increase; longer term the act could encourage greater adoption, clearer enforcement pathways, and smoother asset recovery, all of which support market liquidity and institutional flows. SEO keywords: UK crypto law, digital assets property, Property (Digital Assets) Act 2025, crypto regulation, legal recognition of crypto.