Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin has entered what on-chain analysts call a "max value" zone following notable political endorsements and on-chain buy signals. Former Japanese prime minister described Bitcoin as a once-in-a-century opportunity, and former U.S. President Donald Trump publicly pledged never to sell BTC and criticized past government sales. On-chain metrics show structural undervaluation: anchored volume-weighted average price (VWAP) tied to the halving was reclaimed, a historically accumulation-biased level. However, short-term stress remains — roughly seven million BTC are currently unrealized losses (two million more than the 2025 low) and new whale addresses are underwater, indicating capitulation among large holders. U.S. demand appears to be returning: the Coinbase Bitcoin Premium Index flipped positive after a prolonged negative period, suggesting stronger U.S. institutional/trader purchase pressure. Traders should note the mix of political endorsements (potential sentiment boost), technical support at the halving-anchored VWAP (buy-the-dip zone), and signs of capitulation among whales (possible short-term volatility). Key keywords: Bitcoin, BTC, on-chain metrics, VWAP, halving, Coinbase premium, political support.

Elon Musk argued on a recent podcast that as humanity’s basic needs are met, currency could lose its central role and energy may become the primary unit of value. He framed Bitcoin as an energy-driven asset rather than a construct governed solely by fiat regulation. The discussion linked Bitcoin to energy markets, mining economics and regulatory policy, highlighting investor focus on hash rate, electricity costs and environmental impact. Analysts warned that such a structural shift would require substantial energy infrastructure and credible governance, making crypto and blockchain ecosystems sensitive to energy policy changes. The piece underscores the nexus between Bitcoin mining economics and energy policy but notes the concept remains theoretical.

Bitcoin weakened in November as global crypto trading activity cooled. Centralized exchange (CEX) volume fell to $1.59 trillion, down 26.7% month‑on‑month and the weakest since June. Binance remained the largest exchange but saw volumes drop from $810.44 billion in October to $599.34 billion in November. Decentralized exchange (DEX) volume also declined to $397.78 billion, indicating reduced liquidity across venues. Bitcoin price slid from about $110,000 to roughly $86,500 over the month. US spot Bitcoin ETFs recorded net outflows of approximately $3.48 billion — the largest monthly exit since February. Key takeaways for traders: lower CEX/DEX volumes suggest thinner liquidity and wider spreads; ETF outflows indicate reduced institutional demand; heightened volatility and downside risk in the near term are likely. Primary keywords: Bitcoin, trading volume, spot BTC ETF, Binance, DEX volume, outflows.

Crypto spot trading volume fell sharply to $1.59 trillion in November, a 26.7% month-on-month decline from October’s $2.17 trillion and the lowest level since June. Data reported by The Block shows the drop was broad-based across centralized exchanges; Binance’s spot volume alone fell about 26% from $810.4 billion in October to $599.3 billion. Analysts including Vincent Liu (Kronos Research) attribute the slowdown to profit-taking after recent rallies and reduced liquidity, which removed volatility and upward momentum that drive trading activity. For traders, lower spot volume typically means reduced volatility and thinner order books — fewer short-term trading opportunities but a potential window for accumulation and research. Recommended actions include reviewing portfolios, dollar-cost averaging, setting alerts, and preparing trade plans for when volume returns. The report frames November’s collapse as a normal cooling phase following an overheated market rather than definitive evidence of a sustained bear market.

Kevin Hassett is a leading candidate for the next U.S. Federal Reserve chair. He has close ties to the crypto industry—previously holding significant Coinbase stock and serving on Coinbase’s academic and regulatory advisory committee. Markets expect Hassett to favor more aggressive rate cuts, which would lower borrowing costs and increase liquidity. A looser monetary policy typically supports risk assets, including Bitcoin (BTC). Under the GENIUS Act advanced in 2025, the Fed would assume primary regulatory oversight of stablecoin issuers; the Fed’s stance will influence whether stablecoins can scale and channel hundreds of billions into crypto markets. The Fed also controls banks’ access to crypto firms: the next chair’s attitude toward banking access and regulatory clearance is pivotal for institutional adoption. If Hassett becomes chair, his pro-crypto background and influence over interest rates and banking gates could speed crypto’s shift from niche to mainstream, reshaping liquidity, stablecoin expansion, and institutional integration.

South Korea’s major parties and financial regulator have agreed on a bank-led consortium model for won-denominated (KRW) stablecoins and are targeting passage of a revised Digital Asset Basic Act during an extraordinary National Assembly session in January. The government must file a formal bill by Dec. 10 or lawmakers will introduce their own draft. Under the agreed framework banks would hold majority stakes (>50%) in stablecoin-issuing consortia while tech firms and other participants may join, with coordinated oversight between the Bank of Korea and the Financial Services Commission. The law aims to align digital-asset rules with traditional finance by clarifying reserve requirements, issuance licensing, AML controls and stronger penalties; amendments to the Electronic Financial Transactions Act and capital-market protections for retail investors are also planned. The accelerated timeline and bank-centric structure put pressure on regulators, banks, exchanges and consumer groups to align quickly. Market observers say the law could set a regulatory precedent, shape stablecoin market structure in South Korea and affect institutional participation. Key names: Kang Joon-hyun (Democratic Party lawmaker). Primary keywords: South Korea digital asset act, stablecoin regulation, KRW stablecoin, bank-led consortium.

AhnLab’s 2026 security outlook warns that North Korea–linked Lazarus Group will escalate spear-phishing campaigns targeting cryptocurrency platforms and traders, now augmented by AI to produce more convincing emails, deepfakes and evasive malware. Between Oct 2024 and Sep 2025 Lazarus was cited in 31 post-incident analyses and is connected to over $1.43 billion in crypto thefts in the past year, including a $1.4 billion Bybit exploit (21 Feb 2025) and a $30 million Upbit exploit. Tactics focus on personalized lures (fake lecture invites, interview requests) to install malware, harvest credentials or obtain system access. AhnLab and other vendors (Kaspersky) say AI will enable automated phishing content, realistic voice/video deepfakes and polymorphic code that can better evade detection in 2026, increasing success rates and lowering attacker effort. Recommended mitigations for crypto firms and traders: adopt multi-layered defenses (MFA/biometric authentication), zero-trust and least-privilege access, regular patching and security audits, VPN use, robust anomaly detection, staff phishing training, verify requests via independent channels, and avoid unverified attachments or downloads. Traders should harden account access, verify communications outside email, and treat suspicious events as potentially irreversible to reduce exposure to large, permanent losses.

South Korea posted a $9.7 billion trade surplus in November as exports rose sharply, driven mainly by a near 39% jump in semiconductor shipments and about a 14% rebound in auto exports. Working‑day adjusted exports climbed 13.3% year‑on‑year and headline exports were up 8.4%; imports increased 1.2%. Customs data and Bank of Korea commentary point to strong AI and data‑centre demand — especially for DRAM and high‑value chips — as the primary growth engine, while non‑chip sectors such as petrochemicals lagged. A recent Korea–US trade agreement, which caps certain US tariffs on key Korean goods at 15% (including a retroactive reduction in vehicle levies), should reduce policy uncertainty for exporters and support equipment investment. Destination breakdown showed exports to China +6.9%, the Middle East roughly +33%, Southeast Asia +6.3%, while shipments to the US dipped slightly. The Bank of Korea left its policy rate at 2.5% and nudged up growth forecasts (2025: ~1.0%; 2026: ~1.8%) but internal views on future cuts are split. For crypto traders: stronger semiconductor demand supports Korean chip equities and suppliers that underpin data‑centre capacity, which can indirectly benefit on‑chain and infrastructure projects tied to cloud and AI workloads; the tariff deal reduces macro policy tail‑risk that might otherwise pressure risk assets. Non‑chip exporters remain vulnerable, so watch Korean equities, FX moves (KRW), and risk‑asset flows for spillovers into crypto market liquidity and sentiment.

This weekly crypto roundup highlights three market-moving items. XRP experienced a 1,447% liquidation imbalance within 12 hours: CoinGlass reported $1.32M total liquidations, with $1.23M from longs and only ~$85.6K from shorts, indicating a heavily long-skewed derivatives wipeout while on-chain price range held near $2.14–$2.18. Shiba Inu (SHIB) was added to Japan’s JVCEA "Green List," giving SHIB parity with major tokens such as BTC, ETH and XRP and potentially improving regulatory acceptance and exchange access in Japan. MicroStrategy (MSTR), the company known for heavy Bitcoin exposure, is enduring a fifth consecutive month of losses and is on track for its second-worst monthly decline since it began buying BTC in 2020 — a drawdown driven by a 37% drop in November and a narrowing premium to NAV. Additional notes: Ripple’s Reece Merrick said BlackRock’s first Abu Dhabi board meeting could open regional opportunities for Ripple; SHIB exchange netflow fell (101,387,800,000 SHIB over 24h cited), which some on-chain analysts view as a sign of potential rebound. Key takeaways for traders: the XRP liquidation event signals heightened derivatives risk and potential short-term volatility for XRP; SHIB’s JVCEA listing may support liquidity and local demand in Japan; MSTR’s continued drawdown reflects investor fatigue and correlation risk with Bitcoin exposure. Primary keywords: XRP liquidation imbalance, Shiba Inu Green List, MicroStrategy drawdown. Secondary keywords: derivatives liquidations, JVCEA listing, exchange netflow, Bitcoin exposure.

David Sacks, recently appointed White House special adviser on AI and cryptocurrency, has publicly disputed a New York Times report alleging conflicts of interest tied to retained investments. Sacks and his firm Craft Ventures say they divested more than $200 million in liquid crypto-related assets and stocks before his appointment — Sacks sold at least $85 million personally — and assert full compliance with Office of Government Ethics rules and waiver processes. The NYT, however, reports Sacks still holds about 20 crypto-related private investments and hundreds of tech and AI positions (including 449 AI-focused), and highlights Craft Ventures’ reported 7.8% stake in custody provider BitGo as a potential beneficiary of clearer stablecoin regulation and other policy moves such as the GENIUS Act. Lawmakers have raised questions about his special government employee status and the 130-day cap on outside work. Sacks’ team called the NYT piece a “hit job” and warned of legal action. For crypto traders, the episode is primarily about regulatory credibility and political scrutiny rather than changes to specific tokens or protocols. Key trading implications: (1) the likelihood of immediate policy-driven market moves is reduced if divestments are accurate; (2) clearer stablecoin regulation or institutional custody-friendly rules would be bullish for custody providers and infrastructure firms (and could indirectly support stablecoin-linked liquidity); (3) ethics controversies can create short-term uncertainty and sentiment-driven volatility until follow-up reporting, congressional inquiries, or formal ethics reviews clarify the situation. Monitor further reporting, any formal investigations, and legislative momentum on stablecoin regulation for market-moving developments.

China’s central authorities said they will intensify enforcement against virtual currency activities, declaring that cryptocurrencies do not have legal fiat status and related activities qualify as illegal financial operations. Officials from the People’s Bank of China (PBOC), Ministry of Public Security and the Central Cyberspace Affairs Commission flagged a recent surge in speculative trading and warned that stablecoins lack adequate customer identification and anti‑money laundering protections, enabling money laundering, illicit cross‑border financing and fraud. The statement contrasts with more permissive stablecoin regulation emerging in the U.S. The report noted China’s continued prohibition of mining and speculative trading despite China’s re‑emergence as the world’s third‑largest bitcoin mining hub. Hong Kong, operating under a separate legal regime, remains more supportive of the crypto industry and has recently showcased stablecoins at fintech events. Key entities: PBOC, Ministry of Public Security, Central Cyberspace Affairs Commission. Key keywords: China crypto crackdown, stablecoin risks, PBOC, speculative trading, AML concerns.

An Ethereum-focused exchange-traded fund (ETF) recorded a net inflow of $312 million in the run-up to the Fusaka upgrade. The surge in ETF demand coincides with growing investor attention on Ethereum’s protocol changes, as traders position for potential network improvements and market reactions tied to the upgrade. The inflow suggests renewed institutional and retail interest in ETH exposure via ETFs, boosting liquidity and price support ahead of the upgrade. Market watchers view the ETF flows as a near-term catalyst that could amplify volatility around upgrade milestones while reinforcing longer-term demand for regulated ETH investment products.

Federal Reserve Chair Jerome Powell’s speech on December 1, 2025, coincides with the official end of quantitative tightening (QT), creating a key liquidity event for Bitcoin and altcoins. Markets price an ~87% chance of a December rate cut according to federal funds futures; a dovish tone from Powell would reinforce cut expectations and likely boost risk assets. Ending QT halts the Fed’s balance-sheet runoff (from a peak near $9T to ~$7.4T), which historically correlates with improved market liquidity and gains in high-beta assets. Analysts cite past post-QT periods (e.g., 2019) where Bitcoin and altcoins surged months after QT ended. Macro data—CPI around 2.5% y/y and soft November nonfarm payrolls—could tilt Powell toward easing-friendly language. Scenarios: a dovish pivot may sustain the current relief rally and push BTC toward resistance near $108,000; a cautious or hawkish tone could mute enthusiasm and prompt retracement, though the baseline liquidity improvement from QT’s end offers support. Key trading considerations: watch Powell’s tone, CME-implied cut odds, liquidity proxies (Fed balance sheet, M2), on-chain inflows and ETF flows, and short-term volatility around the event. Expected immediate outcomes include elevated volatility, potential rotation into altcoins if easing is signalled, and increased institutional flows into Bitcoin ETFs.

Coinone, a major South Korean crypto exchange, temporarily suspended buy and sell orders for Dogecoin (DOGE) and XRP on December 1 at 03:10 UTC for a scheduled system check lasting around 10 minutes. The brief pause aims to improve platform stability and security; existing orders and withdrawals may remain unaffected, but new trades in DOGE and XRP could not be executed during the window. Coinone framed the maintenance as a routine risk-management action intended to boost transaction performance and user safety. Traders were advised to avoid placing time-sensitive orders near the suspension time and to follow Coinone’s official channels for updates. Short maintenance halts like this typically have minimal direct price impact but can cause transient execution or liquidity issues for users relying solely on one exchange.

Yearn published an official update stating that a recent exploit related to yETH did not affect the yCRV product or Yearn Vaults on V2 and V3. The team said the incident did not introduce material risk to Yearn’s yield-generating assets and reassured users that governance and security controls held. Market observers characterized the clear, prompt communication as a disciplined risk-management response in DeFi. No technical details suggesting compromise of yCRV or vault balances were disclosed. The statement aims to contain investor concern and preserve confidence in Yearn’s ecosystem.

BlackRock’s spot Bitcoin ETF (IBIT) recorded net inflows exceeding $52 billion in its first year, quickly becoming the asset manager’s most profitable product. Launched in January 2024, IBIT benefited from BlackRock’s global distribution and renewed institutional demand after US approval of physically backed Bitcoin ETFs. Analysts estimate IBIT could generate roughly $245 million in annualized fee revenue by October 2025. The ETF holds about 3% of circulating Bitcoin supply and reached roughly $70 billion AUM within its first 341 days, underpinning significant institutional custody flows. BlackRock has expanded related exchange-traded products (ETPs) offshore and sees ETFs as a sustained liquid conduit for both institutional and retail flows; recent retail outflows were described as normal, short-term reactions to price declines. For traders: large, persistent ETF inflows can tighten spot liquidity, increase correlation between Bitcoin price and ETF flows, and amplify volatility around macro or sentiment shocks. Monitor ETF AUM, net flows, and on-chain supply concentration as potential near-term drivers of price action.

A sharp downturn in crypto futures markets triggered roughly $350–423 million in liquidations across major assets, overwhelmingly impacting long positions. Combined reports show Bitcoin saw $170–232 million liquidated (about 82–91% longs), Ethereum lost $150–158 million (around 79–87% longs), and Solana endured roughly $31.9–33.2 million wiped out (≈79–91% longs). The one-sided nature of the event points to excessive long positioning, high leverage, cascading stop-loss triggers and elevated funding-rate pressure that amplified selling. Traders should expect increased short-term volatility, potential short-lived relief rallies after forced selling eases, and a position reset as leveraged players reduce exposure. Risk-management actions recommended: lower leverage, stagger entries, use tighter stop-losses, monitor funding rates and market sentiment, and diversify allocations to avoid repeat cascading liquidations.

Ripple-backed XRP and RLUSD stablecoin are being positioned to revolutionize cross-border and retail payments by offering faster, cheaper and more seamless value transfers. The article highlights XRP’s low-fee, high-throughput settlement capabilities and RLUSD’s potential as a fiat-pegged on‑chain medium for stable retail payments and remittances. Together they are compared to WhatsApp’s disruption of SMS: enabling a richer, more efficient payments experience that displaces legacy rails. Key points: XRP provides rapid settlement and deep liquidity on several exchanges and liquidity pools; RLUSD aims to provide dollar stability on-chain with integration potential into wallets and payment platforms; the pairing could lower costs, reduce settlement times, and expand merchant acceptance. The piece stresses network effects — broader wallet and merchant onboarding could replicate the widespread adoption that made WhatsApp the dominant messaging platform. For traders, the development suggests heightened on‑chain utility for XRP and demand sensitivity to RLUSD adoption milestones, integration announcements, and regulatory developments affecting stablecoins and Ripple’s operations.

Last week (Nov 24–30) saw 11 public blockchain financing events totaling over $572 million, spanning DeFi, Web3+AI, infrastructure, CeFi and venture funds. Key highlights: Paxos agreed to acquire New York DeFi wallet startup Fordefi for more than $100 million; Fordefi (founded 2021) has ~40 staff, ~300 clients and a prior valuation of $83M. Bitfury made a $12 million strategic investment in decentralized AI compute network Gonka AI, subscribing for 20 million GNK tokens at $0.60 each. Notable raises include SpaceComputer’s $10M seed to build satellite-based secure blockchain compute (led by Maven11, Lattice), Nexton Solutions’ $4M strategic round led by Danal for AI-driven re-staking and arbitrage tooling, Pruv Finance’s $3M Pre-A (led by UOB VM) for compliant on-chain RWA distribution, and CreatorFi’s $2M strategic investment tied to Aptos partnerships. Bridgepoint acquired majority of crypto audit/compliance firm ht.digital for ~£200M. Exodus Movement will acquire W3C Corp (parent of Baanx and Monavate) for $175M to expand crypto card and payments capabilities. Two listed companies announced crypto treasury fundraising: Enlivex plans a $212M PIPE to buy RAIN tokens for a prediction-market DAT; Upexi targets up to $23M via a directed offering to bolster its SOL treasury. VC activity: Entrée Capital closed a $300M early-stage fund; Índico launched a €125M fund; DWF Labs launched a $75M DeFi fund. Other smaller rounds include WorkQuest ($1.16M) and Monad launchpad Nad.fun ($1.1M). Overall, the week signals concentrated M&A and strategic investments in custody, payments, decentralized AI compute and on-chain RWA infrastructure — themes relevant for traders tracking asset flows, custody/payment integrations and institutional adoption.

The Bangko Sentral ng Pilipinas (BSP) said it is reviewing multiple private-sector proposals to launch stablecoins in the Philippines but is taking a cautious, early-stage approach. Deputy Governor Zeno Abenoja reported most proposals are dollar-backed with fewer peso-backed plans, aimed at cross-border retail use such as remittances and some domestic retail payments. The BSP is running sandbox trials that indicate potential benefits—cheaper, faster, and more efficient retail transactions—while it evaluates legal transparency, regulatory contracts, and lessons from other jurisdictions. Local developments include Coins.ph, which had sandbox limits lifted for its Philippine peso stablecoin (PHPC) and is exploring cross-border utility via Circle’s Arc public testnet; a planned PHPC merchant payment rollout with Sky Mavis pending approval and targeted for 2026; and PDAX partnerships with Toku and Codex to enable payroll in stablecoins and faster cross-border remittances with fiat on/off ramps. The article underscores stablecoins’ use cases (remittances, payroll, DeFi) and stresses that reserve transparency, compliance, and peg mechanisms remain critical for safe adoption.

Cardano (ADA) has fallen about 70% from its December 2023 peak and is trading near $0.41 as of the report, amid a broader crypto market downturn. Total Value Locked (TVL) on Cardano declined roughly 36% month-over-month to about $186 million, raising questions about on-chain activity and adoption. Founder Charles Hoskinson remains optimistic, highlighting two upcoming initiatives — Midnight (privacy-focused, zero-knowledge proof features) and RealFi (real-world asset tokenization) — as potential catalysts to attract institutional developers and increase TVL. Technical indicators show ADA is oversold (RSI ~28) and tracing a falling wedge pattern; a break above $0.45 could target $0.60 according to Fibonacci retracement levels. On-chain metrics note increased accumulation by holders during the dip, while moving averages confirm a bearish phase. Analysts warn low TVL and weak daily activity have fueled “ghost chain” narratives and could pressure Cardano’s ranking if trends continue. Traders should monitor project launches, whale activity, TVL trends and key technical levels for short-term rebound signals and longer-term adoption evidence.

Coinglass data shows a shift in BTC exchange flows over two reporting windows. Over the past 24 hours centralized exchanges (CEXs) recorded a net inflow of 124.92 BTC, led by KuCoin (+110.83 BTC), bitFlyer (+102.76 BTC) and Bithumb (+58.26 BTC); Bybit reported the largest net outflow (-142.71 BTC). This follows a wider seven-day snapshot reporting much larger aggregate movements and notable inflows to Binance and Bybit in the prior period. The rotation indicates reallocation of BTC across major venues, altering exchange liquidity and order-book depth. For traders, rising deposits to KuCoin, bitFlyer and Bithumb can signal increased sell-side availability or staging for large sell/buy orders, while sustained outflows from Bybit may reduce local liquidity and compress derivatives funding dynamics. Key figures: total 24h CEX net inflow +124.92 BTC; KuCoin +110.83 BTC; bitFlyer +102.76 BTC; Bithumb +58.26 BTC; Bybit -142.71 BTC. Traders should monitor exchange-specific flows, order books and futures funding rates for short-term price discovery and volatility signals.

A newly created wallet transferred 3.86 million USDC to HyperLiquid and opened a Bitcoin (BTC) long with 20x leverage at an entry price of $86,733 on December 1, 2025. The on-chain move signals a large, high-leverage speculative bet on BTC price upside and may affect liquidity and derivatives dynamics on HyperLiquid and broader markets. Key facts: 3.86M USDC deposit; 20x leverage; entry price $86,733; platform: HyperLiquid; date: December 1, 2025. Traders should note the elevated liquidation risk inherent in 20x positions, possible influence on short-term volatility if the position is large relative to the platform’s open interest, and the potential for rapid deleveraging to amplify price moves. Relevant keywords: Bitcoin, BTC, USDC, HyperLiquid, leverage trading, on-chain deposit.

MON plunged about 23.3% to $0.02513 amid allegations that market-maker Wintermute shorted the token. Wintermute founder Evgeny Gaevoy publicly denied the shorting accusations and urged the community to avoid spreading unverified claims. In a follow-up exchange he also stated he holds a long position in MON. The sell-off coincided with heightened scrutiny of market-making activity in the Monad ecosystem and niche DeFi/cross-chain markets. Traders should monitor official disclosures from Wintermute and other ecosystem participants, as statements and media coverage have materially affected MON’s price and could continue to drive short-term volatility. Primary keywords: MON, Wintermute, Evgeny Gaevoy, shorting, market-making.

Dragonfly Managing Partner Haseeb argues that current crypto market cynicism creates buying opportunities for investors who understand exponential growth. Major altcoins such as Ethereum (ETH) and Solana (SOL) are described as undervalued because most market participants use short-term analysis and miss long-term network effects. The article draws a parallel with Amazon — unprofitable for decades yet later producing outsized returns — to illustrate how patient investors can benefit when technology adoption accelerates. Key takeaways for traders: prioritize projects with strong fundamentals and clear adoption pathways, maintain a long-term horizon (5–10 years for full exponential effects), expect institutional adoption to lag visible growth, and manage timing risk. Risks highlighted include extended timelines and the need for disciplined risk management. The piece is positioned as thematic commentary rather than trading advice.

CoinShares has withdrawn its SEC registration for a proposed staked Solana (SOL) exchange-traded fund after the underlying asset purchase and structuring transaction failed to close; no shares tied to that registration were sold. The withdrawal follows the U.S. launches earlier in the year of staked-SOL ETFs by REX-Osprey (June) and Bitwise (October), the latter collecting roughly $223m on its first day and contributing to about $369m total inflows into Solana staking ETFs in November as investors chased ~5–7% staking yields. Despite ETF inflows, SOL has weakened materially — falling from about $295 in January to roughly $120 in November — prompting some analysts to lower short-term targets and identify resistance around $150. CoinShares said the move was driven by deal execution issues rather than regulatory rejection. For traders, the withdrawal reduces the number of potential U.S. issuers and may modestly affect short-term liquidity and capital flows into SOL-linked vehicles; however, the staking-yield narrative and existing ETF inflows continue to support demand for Solana staking products. Key SEO keywords: staked Solana ETF, SOL price, CoinShares withdrawal, staking yields, ETF inflows.

Key Web3 events in December include multiple protocol, macro and industry milestones that could move crypto markets. Major items: the Ethereum Fusaka upgrade activating to increase BLOB throughput; the US Federal Reserve interest-rate decision and key US macro prints (November jobs report, unemployment rate, CPI) that will affect risk assets; the CFE launching continuous BTC/ETH futures contracts; Binance Blockchain Week in Dubai; several token unlocks (ASTER, LINEA, MYX among others) and the Aster S3 airdrop beginning. Traders should monitor on-chain throughput improvements, macro-driven liquidity shifts from Fed and data releases, potential volatility from large token unlocks/airdrops, and new derivatives listings that can change leverage and basis dynamics.

Market maker Wintermute has responded to community accusations that it shorted the MON token while acting as MON liquidity provider. Wintermute founder Evgeny Gaevoy urged users not to spread unverified claims on X (formerly Twitter). When asked directly whether Wintermute was long MON, Gaevoy replied: “In fact, yes.” The piece contains no trading figures, liquidation data, or timeline beyond the public exchange on X. No other parties or on-chain evidence were cited in the report. Key names and keywords: Wintermute, Evgeny Gaevoy, MON token, market maker, shorting, long position. Primary SEO keywords used: Wintermute, MON, market maker, shorting, long position. Impact note for traders: public confirmation of a market maker’s directional exposure can affect order flow and trader sentiment around MON; however, absence of on-chain proof or size details limits immediate market-moving significance.

Yearn Finance confirmed a smart‑contract exploit of its yETH vault that allowed an attacker to mint excessive liquid‑staking index tokens and drain roughly $3 million worth of ETH in a single transaction. On‑chain analysis shows the attacker performed a “super‑mint,” sacrificing some collateral and netting about 1,000 ETH after withdrawals. Yearn says the breach was isolated to the yETH stableswap/vault; V2 and V3 vaults were not compromised. The team paused the affected vault, engaged independent auditors and security professionals, and is reviewing and patching the minting logic while monitoring on‑chain activity. Security firms note the incident follows a broader trend of rising DeFi smart‑contract losses, underscoring elevated technical risk for complex primitives such as liquid staking and token indexing. Traders should monitor Yearn announcements, on‑chain flows, and any recovery or reimbursement plans; expect continued volatility around yETH and closely related liquidity pools while forensic work proceeds.