Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Tajikistan’s parliament has amended the Criminal Code to criminalise illegal electricity use for cryptocurrency mining amid worsening winter power shortages. The law creates the offence of "illegal use of electricity for the production of virtual assets," imposing fines of 15,000–37,000 somoni for individuals and up to 75,000 somoni plus 2–5 years’ imprisonment for organised group members. Theft on a "particularly large scale" tied to mining carries 5–8 years in prison. Prosecutor General Habibullo Vohidzoda said illegal mining farms — some using imported equipment and tapping the grid unlawfully — have caused outages, rationing and estimated state losses of about 32 million somoni. Lawmakers also cited money-laundering and tax-evasion risks, and said the amendments close tax loopholes for mining operators. The measures will take effect once signed by President Emomali Rahmon and published in the official gazette. For crypto traders, the law signals stricter enforcement risks for local and cross-border mining operations, potential disruptions to supply of locally mined coins, and heightened regulatory scrutiny that could affect miner cost structures and market sentiment.

CryptoUK announced on December 10 that it will affiliate with the US-based Digital Chamber to coordinate cross-border regulatory advocacy and policy engagement. The affiliation integrates CryptoUK’s team into the Digital Chamber framework to boost coordinated outreach to UK and US regulators and lawmakers as both jurisdictions advance clearer digital-asset frameworks, including stablecoin rules. CryptoUK executive director Su Carpenter said the move will strengthen policy-led advocacy, increase member collaboration and enable more unified engagement with policymakers. The Digital Chamber’s ties to former US regulators and lawmakers could amplify CryptoUK’s influence on UK stablecoin standards and broader digital-asset regulation. Traders should watch this development for its potential to accelerate regulatory alignment between the UK and US, reduce cross-border compliance friction, and influence stablecoin policy — factors that can affect market liquidity and institutional participation.

Circle and privacy blockchain Aleo have launched USDCx, a privacy-enhanced version of the USDC stablecoin aimed at banks, funds and enterprise platforms that require confidential on-chain settlements. Built using Aleo’s zero-knowledge, privacy-by-default architecture and Circle’s reserve-backed USD peg and compliance infrastructure, USDCx masks transaction details on-chain while allowing Circle to produce verifiable compliance records for regulators or law enforcement on authorized request. The hybrid design addresses institutional concerns that public ledgers reveal sensitive payment flows and could accelerate corporate adoption of tokenized dollars and blockchain rails. The launch comes amid rising institutional interest in stablecoins and tokenization—spurred by regulatory developments and corporate pilots from banks and payment firms—and sits alongside parallel private-settlement efforts from firms like Taurus. No supply, pricing or detailed rollout timelines were disclosed. Traders should watch institutional demand for privacy-preserving settlement rails, potential regulatory responses on controlled privacy, and any integration announcements from banks and payment providers that could increase USDCx transaction volumes and platform liquidity.

The Coinbase Bitcoin Premium index remained positive for eight consecutive sessions as of December 10, registering 0.0121%. The index measures Coinbase’s BTC price versus the global average and is used as a short-term gauge of U.S. pricing dynamics, liquidity and institutional demand. Compared with an earlier report that showed a seven-day positive streak at 0.0215% (Dec 9), the latest reading is smaller but still indicates persistent, if modest, U.S. buying pressure rather than a decisive breakout. Traders view a sustained positive premium as evidence of stronger U.S. demand and disciplined buying that can support price resilience. However, the metric can be influenced by exchange-specific flows, hedging and USD liquidity conditions, so market participants typically combine it with funding rates, open interest and other indicators to calibrate exposure and manage near-term risk amid volatility. For traders, the current signal suggests cautious bullish bias for BTC — supportive of price stability — but not a standalone trigger for aggressive long positioning.

Ruya Bank has launched Shari’ah‑compliant Bitcoin (BTC) trading inside its mobile banking app, becoming the first Islamic bank to offer regulated, in‑app crypto buys and sells. The feature was approved by Ruya’s Shari’ah governance board and built with UAE‑licensed virtual‑asset infrastructure provider Fuze, which supplies custody, brokerage, liquidity, settlement and AML/KYC compliance. Trading remains on‑bank and under regulatory oversight, with auditable records and integration into the bank’s risk systems. Bitcoin is the sole asset at launch; Ruya says additional assets may be added after Shari’ah and regulatory review. The rollout responds to strong crypto inflows into the UAE (about US$30bn between July 2023 and June 2024) and growing demand from retail clients, family offices and wealth managers for compliant crypto exposure. Ruya positions the product as a Shari’ah‑approved long‑term investment and wealth‑planning tool rather than a vehicle for short‑term speculation. For traders, the launch creates a regulated on‑ramp inside an established bank that could shift conservative capital onshore, improve institutional access, and reduce reliance on offshore platforms — factors likely to increase on‑chain flow and institutional liquidity for BTC in the UAE region. Key SEO keywords: Bitcoin, Shari’ah‑compliant, in‑app trading, UAE crypto, custody & settlement.

A long-dormant BTC OG address (0xb31) has reactivated and significantly rebalanced positions across BTC and ETH. The wallet now holds roughly $267 million in BTC exposure with about $16 million unrealized profit after its average BTC entry moved modestly higher. Between Dec. 7–8 it transferred about $70 million from Binance to Hyperliquid and opened a 5x leveraged ETH long—the largest single ETH leveraged opening in roughly a month. Earlier moves linked to the same cluster include borrowing $220 million USDT on Aave using over 126,000 ETH as collateral and funding a Binance wallet; the cluster has a history of large, market-moving trades, including a reportedly profitable $500 million BTC short ahead of the Nov. 10 crash. The combined activity shows cross-platform transfers, concentrated leveraged exposure, and reallocation from BTC into ETH. Traders should note the sizeable ETH leverage with a liquidation price well below spot, the concentration of positions on Hyperliquid, and prior behavior that has coincided with increased volatility. Potential impacts include amplified short-term volatility for ETH (and spillovers to BTC) if markets move toward the whale’s liquidation ranges, while the long-term effect depends on whether this reallocation continues or is a short-term tactical trade.

Tempo, a payments-focused layer-1 backed by Stripe and Paradigm, has launched its public testnet to let developers run nodes, sync the chain and test payments-focused features. The open-source testnet highlights six live capabilities: dedicated low-fee payment lanes, stablecoin-native USD-denominated gas, a built-in stable-asset DEX, payments/transfers metadata, fast deterministic finality, and modern wallet signing methods. The network supports in-browser stablecoin issuance using the TIP-20 token standard; Klarna has already issued a USD-pegged stablecoin on the testnet. Tempo’s launch follows a $500 million funding round that valued the project at $5 billion and lists major design partners including OpenAI, Shopify, Visa, Mastercard, UBS, Deutsche Bank, Standard Chartered, Kalshi and others. The team currently runs a small set of validators with plans to onboard independent operators ahead of mainnet; no firm mainnet date or stablecoin collateral/liquidity rules were announced. Tempo says the coming months will prioritize scaling, reliability, developer tooling and stress-testing throughput under real payment loads. For traders: the testnet validates Tempo’s payments primitives and stablecoin-native gas model, increasing the protocol’s credibility for fintech and embedded finance use cases — a factor that could support demand for any native token or ecosystem services at mainnet, while immediate price impact is limited until token economics, mainnet launch and stablecoin collateral details are public.

Dogecoin (DOGE) is trading near $0.14 after modest recent moves: one report showed a 2.4% 24‑hour drop with a 3.3% 7‑day gain, while an earlier update recorded a sharper 11.3% 24‑hour decline from higher levels. Weekly technicals point to a downtrend: DOGE sits under major Fibonacci retracements with important support around $0.13 (and a historical weekly demand zone at $0.10–$0.14). Key resistance sits between $0.168 (0.786 Fib) and $0.198 (0.618 Fib). Momentum indicators are bearish — the 14‑day RSI and Chande Momentum Oscillator show weakening/oversold readings — increasing the chance of volatility and short-term downside. Bull case: if the $0.10–$0.14 demand zone holds, DOGE could attempt a recovery toward $0.30 (roughly +114% from current levels); a clear break above ~$0.1975–$0.20 would signal a neutral-to-bullish shift. Bear case: a decisive close below $0.13 risks deeper losses, with extended Fibonacci projections cited much lower. Analyst commentary also notes a structural monthly breakdown in past cycles that preceded large multi-cycle rallies — implying extreme long-term upside is possible but speculative. For traders: expect elevated volatility, monitor weekly RSI, Fibonacci levels and the $0.10–$0.14 zone for confirmation, treat longs as high-risk, and size positions with tight risk controls.

Chainlink (LINK) shows growing on-chain accumulation and technical signs that support a potential price rebound. Whale holdings rose substantially month-over-month, while exchange reserves dropped from ~324M LINK in October to ~219M, a typical accumulation signal. Institutional and product demand has added flows: Grayscale’s Chainlink product has gathered roughly $50M in assets since launch and the Strategic LINK Reserve accumulated over 1M tokens since August. On-chain metrics from CryptoQuant point to sustained buyer absorption (rising taker-buy CVD and continued exchange outflows). Technicals on the daily chart are constructive — a developing double-bottom around $11.88–$12, support near $11.50, a neckline/interim resistance near $13.49–$13.65, a bullish flag and falling-wedge breakout attempts, the PPO rising toward zero, and price near the 25-day EMA. Traders should watch for (1) defense of $11.50–$11.88 to keep the bullish thesis valid, (2) a confirmed breakout above interim highs/neckline with volume to target $13.49–$20, and (3) continued exchange outflows and rising taker-buy CVD for conviction. Key market stats: LINK trading around $13–$13.7, 24h volume roughly $500M+, market cap near $9.5B. Primary keywords included: Chainlink, LINK, exchange reserves, whale accumulation, ETF inflows, taker-buy CVD, double-bottom. This development is relevant for traders seeking momentum trades on a breakout or short-term support-based longs, but volume confirmation and clear maintenance of support are required to validate bullish targets.

XRP’s U.S. spot ETF crossed $1 billion in assets under management in under four weeks, marking the fastest U.S. crypto spot ETF ramp-up since Ether’s launch. The funds (including Canary Capital’s XRPC and Franklin Templeton’s XRPZ) saw sustained inflows — a multiday streak and roughly $897 million in net inflows by one count — driven largely by institutional buyers (Canary Capital, Grayscale, Bitwise, Franklin Templeton) and expanded retail access via traditional brokerages and retirement accounts. Vanguard’s move to make crypto ETFs available in brokerage and retirement plans was cited as a key catalyst, enabling custody-free exposure alongside stocks and bonds. Ripple CEO Brad Garlinghouse noted investor preference for regulated, stable channels over on‑chain custody. The milestone comes amid a broader 2025 surge of U.S.-listed crypto spot ETFs (40+ launches), signalling growing institutional adoption of regulated, off-chain crypto products. Traders should monitor ETF inflows, secondary‑market liquidity for XRP, exchange outflows or large withdrawals that could tighten supply, and any regulatory updates — all of which could amplify short-term price moves and affect order-book depth and volatility.

Bullish Aim Sdn Bhd, owned by Ismail Ibni Sultan Ibrahim of Johor’s royal family, has launched RMJDT, a ringgit-pegged stablecoin aimed at APAC payments and cross-border trade. The initial issuance is 500 million RMJDT (about MYR 500m ≈ $121–122m), backed by Malaysian ringgit cash deposits and short-term Malaysian government bonds. RMJDT will be issued on the Malaysian-built Zetrix blockchain and tied to a Zetrix-token treasury to support operational stability and align with national blockchain initiatives. The project is marketed as a faster, safer and more efficient payments instrument for businesses and consumers. The launch arrives amid accelerating regional stablecoin adoption and regulatory momentum in APAC (Hong Kong, South Korea, Thailand, Philippines) and growing institutional stablecoin use on-chain. Bullish Aim has not disclosed detailed operational or redemption mechanics. The announcement coincides with intensified enforcement in Malaysia against illegal, energy-intensive crypto mining after utilities reported large power-theft losses—an enforcement backdrop that could influence regulatory focus on crypto activity. Key names and keywords: RMJDT, ringgit stablecoin, Bullish Aim, Zetrix, Malaysia stablecoin regulation, APAC payments.

Spot XRP ETFs continued to attract institutional capital, recording $38 million of inflows on Dec. 8 and extending a 16-day inflow streak that has pushed total ETF AUM toward the $1 billion mark. Major issuers leading flows include Grayscale, Canary, Bitwise and Franklin. Separately, 21Shares filed an amended S‑1 with the SEC to launch its own spot XRP ETF, trimming the proposed management fee from 0.50% to 0.30% while awaiting approval — a move that could intensify competition for ETF flows and lower costs for investors. On-chain and price action: XRP is trading around the macro 0.5 Fibonacci near $2.04, with technical analysts warning that a decisive break below $2.04 would likely reopen downside targets in the $1.73–$1.64 area, while a sustained move above $2.41 (and toward $2.65) would confirm bullish continuation. Earlier reporting also noted strong ETF inflows on Dec. 1 and broader platform distribution moves (Vanguard permitted trading for a subset of clients), underscoring growing institutional distribution and liquidity. For traders: robust and persistent ETF inflows are a bullish liquidity signal for XRP, but price remains vulnerable to a short-term technical breakdown beneath $2.04. Monitor daily and weekly closes around that level, upcoming ETF flow reports, 21Shares’ regulatory progress and exchange/broker distribution updates as catalysts for volatility and directional moves.

The U.S. Commodity Futures Trading Commission (CFTC), led by Acting Chair Caroline D. Pham, has launched a Digital Asset Pilot Program permitting qualified Futures Commission Merchants (FCMs) to accept Bitcoin (BTC), Ether (ETH) and payment stablecoins such as USDC as margin for futures and swap contracts. The program is limited to FCMs that meet strict custody, valuation, risk‑management and operational standards. Key controls include conservative haircutting, weekly public reporting of digital‑asset holdings during the initial three months, prompt notification of outages or material incidents, and a no‑action position allowing specified digital assets in customer‑segregated accounts under tight safeguards. The CFTC also rescinded its 2020 staff advisory that discouraged crypto collateral and issued guidance on tokenized real‑world assets; the move follows regulatory shifts including the GENIUS Act on stablecoin backing. Market participants — including exchanges and issuers — broadly welcomed the clarity, though adoption will be phased as FCMs build custody, compliance and valuation systems. For traders: BTC, ETH and USDC are now approved as margin in a controlled U.S. pilot, which could improve capital efficiency and domestic derivatives liquidity over time, but immediate market impact may be limited by conservative risk controls and gradual rollout.

Crypto.com and digital-asset issuer 21Shares have partnered to launch regulated investment vehicles for Cronos (CRO), including a CRO private trust and a potential exchange-traded fund (ETF). The products are designed to give institutional and retail investors regulated, transparent and compliant exposure to CRO, reducing custody and compliance friction for traditional financial firms. 21Shares will provide product structuring and regulatory expertise while Crypto.com supplies ecosystem support and liquidity. The later report adds market context: CRO traded near $0.10–$0.11 on Dec. 9, 2025, with technical resistance around $0.12 and a bullish target near $0.20, while a fall below $0.09 would indicate downside risk. The articles note Crypto.com’s recent high-profile Cronos initiatives — such as the reported $6.4 billion Cronos Treasury deal with Trump Media Group — and argue that regulated products, combined with increased stablecoin use, DeFi lending, staking and tokenization of real-world assets (RWA), could boost liquidity, on-chain activity and value accrual for CRO. For traders, the new offerings remove a regulatory barrier that may attract institutional flows into CRO; watch for volume and custody inflows as early signals, and monitor the $0.12 resistance and $0.09 support levels for near-term risk management.

Moca Network, backed by Animoca Brands, has launched the beta of MocaProof — a gamified, privacy-preserving digital identity verification and rewards platform running on Moca Chain testnet and integrated with the AIR Kit. MocaProof leverages zero-knowledge proofs, decentralized storage and single sign-on to let users and enterprises verify credentials across on- and off-chain ecosystems without exposing raw personal data. The platform includes a credential proof marketplace (influence, finance, loyalty, activity) where verified partners issue zk-validated credentials, and a virtual companion, Mocat, that evolves as users verify credentials to unlock rarity-based rewards. Verified users can earn MOCA coin rewards, partner token airdrops and AIR SP loyalty points redeemable in the AIR Shop. Beta is live on testnet now with a mainnet transition planned for 2026. To mark the launch, Moca Network is running a month-long NFT credential campaign and competition with a US$50,000 reward pool. For traders, key takeaways are potential increased utility and on-chain demand for MOCA if the platform drives active credential issuance, partner integrations and token rewards across Animoca’s ecosystem of partners and its 700M+ addressable users.

Binance has suspended an employee after an internal investigation found the staffer allegedly used non-public information to profit by posting about a token from the official Binance Futures social account and executing personal contract trades. Auditors opened the probe after a tip that the employee tweeted text and images “less than a minute” after the token’s on-chain issuance and then traded the contract market. Binance says it has paused the employee, contacted authorities in the staffer’s jurisdiction and will cooperate with regulators. The exchange reiterated a zero-tolerance policy for employees abusing insider access, pledged to strengthen internal controls and pursue legal remedies where appropriate. Binance also highlighted its whistleblower programme: a $100,000 bounty will be split among the earliest verified tipsters who report via audit@binance.com; reports must use internal channels to qualify. The company declined to specify the token or the profit amount. The case follows prior staff suspensions over alleged pre-listing trades and echoes past regulatory actions against exchange employees accused of trading on confidential listing information. For traders, this raises renewed attention to exchange integrity, possible on‑chain leak signals, and operational risk around staff access to listing data.

The Trump administration’s new national security strategy highlights artificial intelligence, biotechnology and quantum computing as principal priorities but makes no explicit reference to cryptocurrencies or blockchain. The document mentions strengthening American “leadership in digital finance and innovation,” but offers no concrete crypto policy. This omission contrasts with recent pro-crypto rhetoric and discrete actions from administration figures — including presidential comments supporting U.S. Bitcoin mining, proposed stablecoin oversight legislation (GENIUS Act), a crypto enforcement task force, and proposals for a national Bitcoin reserve funded by forfeited assets. Markets showed only modest reaction: Bitcoin traded near $91,900 and briefly dipped under $90,000 after the strategy’s release amid broader macro pressures and an upcoming Federal Reserve decision. Traders should note the continued regulatory ambiguity at the federal strategic level, the gap between public rhetoric and formal policy, and the risk that vague strategy could slow institutional adoption or prompt capital migration to jurisdictions with clearer digital-asset frameworks. Primary keywords: national security strategy, cryptocurrencies, Bitcoin. Secondary/semantic keywords: crypto regulation, digital assets, Bitcoin mining, market volatility, blockchain.

Bitcoin (BTC) briefly climbed above $90,000 on OKX, with the latest tick showing roughly $90,012 and an intraday gain near 0.06%. Both reports present this as a short market update and not investment advice. They note recent volatility in crypto markets — including prior intraday moves below $88,000–$89,000 and liquidations in derivatives — but provide no supporting volume, order-flow, technical indicators, or macro drivers to explain the move. For traders, the price milestone signals ephemeral bullish sentiment but lacks confirmation from trading volume or momentum metrics; treat it as an intraday snapshot amid ongoing volatility rather than a definitive trend signal.

A US federal judge asked prosecutors and defense counsel to clarify the overseas criminal charges and potential penalties Do Kwon faces in South Korea and Montenegro ahead of his New York sentencing. Kwon, co‑founder of Terraform Labs, pleaded guilty in August to wire fraud and conspiracy to commit fraud tied to the 2022 collapse of Terraform’s stablecoin and token. The court asked whether Kwon’s four months detained in Montenegro (for using forged travel documents) and the year he spent fighting extradition should count toward any US sentence, and whether South Korea would enforce or alter any remaining term if Kwon is transferred there after serving time in the US. South Korean prosecutors have sought extradition and domestic charges that could carry up to about 40 years in prison. US prosecutors recommended at least 12 years’ imprisonment, citing aggregate losses larger than those in FTX, Celsius and OneCoin cases combined; the defense asked for no more than five years. The judge’s queries will shape whether Kwon serves a US sentence first, how foreign detention credits are applied, and the scheduling of his punishments—outcomes traders should monitor because they affect legal finality and ongoing regulatory scrutiny of high‑profile crypto failures.

A San Jose widow lost nearly $1 million in a ‘pig butchering’ romance-to-crypto investment scam that began on social media and moved to private messaging. Scammers posed as a wealthy suitor, built trust, and directed the victim to fake cryptocurrency investment platforms and overseas bank accounts. Initial transfers started at $15,000 and escalated to about $1 million, including $490,000 from an IRA and a $300,000 mortgage. The fraud method — long grooming followed by fabricated profit dashboards and blocked withdrawals — mirrors a broader trend: seniors and other victims reported billions lost to similar scams in recent years. The latest development: after consulting ChatGPT, the victim recognized common scam signs and stopped further transfers, then reported the crime to authorities. Law enforcement and consumer groups advise preserving records, reporting to the FBI/IC3, verifying platforms and counterpart identities, using reputable exchanges, enabling two‑factor authentication, and consulting trusted contacts before transferring funds. For crypto traders: beware unsolicited investment tips from personal contacts, verify platform legitimacy before depositing, treat polished profit dashboards with skepticism, and monitor for cross‑border fund flows that make recovery difficult.

Michael Saylor, MicroStrategy founder and executive chairman, urged governments at the Bitcoin MENA forum in Abu Dhabi to develop regulated digital banking products that use overcollateralized Bitcoin reserves and tokenized credit instruments to deliver higher‑yield, lower‑volatility deposit accounts. Saylor highlighted weak bank deposit yields in Japan, Europe and Switzerland and compared them with higher money‑market returns (~150 bps in euro funds and ~400 bps in U.S. money markets) to argue there is demand for superior yield products. He outlined a proposed structure combining roughly 80% tokenized digital credit and 20% fiat, plus an extra reserve buffer and a 5:1 overcollateralization by Bitcoin, held via a fiscal entity and offered through regulated banks. Saylor suggested such Bitcoin‑backed, tokenized deposit products could attract substantial institutional and retail capital — potentially trillions — if incorporated into regulated banking frameworks. For traders: the proposal frames Bitcoin (BTC) as a base‑layer collateral asset for mainstream deposit products, which could increase institutional demand and adoption narratives while also linking BTC more closely to regulated financial infrastructure. This is market commentary, not investment advice.

OSL, a licensed Hong Kong digital-asset exchange, has added XRP across its Flash Trade and OTC services and launched an XRP/HKD trading pair available to clients classified as Professional Investors. Deposits and withdrawals will settle on the XRP Ledger (XRPL). Trading is offered on XRP/HKD, XRP/USDT and XRP/USD, giving institutional traders direct fiat exposure in HKD and reducing reliance on stablecoin conversions. OSL highlighted XRP’s low-cost cross-border payment use case, fast settlement on XRPL and decentralized validator network, and noted its institutional-grade infrastructure and regulatory compliance. The listing coincides with renewed positive price action in XRP (about +4.75% in 24h to roughly $2.09) and on-chain signs of accumulation by large holders; secondary data also show significant spot ETF inflows into XRP funds. The feature is restricted to Professional Investors under Hong Kong rules. For traders, the listing expands regulated on‑ramp/off‑ramp options for institutional flows, may improve liquidity in HKD/fiat pairs, could shorten settlement times via XRPL, and — if ETF inflows and whale accumulation continue — may add upward pressure on XRP price.

GeeFi (GEE) presale is drawing strong investor demand as Cardano (ADA) readies its Midnight mainnet and a $70M infrastructure push. GeeFi sold out Phase 1 in under two weeks raising $500K; Phase 2 has since accelerated, raising over $680K and selling more than 11.3 million tokens (reported >75% complete) at $0.06 per token. The project announces a confirmed exchange listing price of $0.40, implying an immediate theoretical return of roughly 667% for Phase 2 buyers; some analysts project long‑term targets up to $2 per token. GeeFi markets itself as a full crypto ecosystem with a non‑custodial DEX, planned Visa/Mastercard crypto cards, a deflationary token burn model, and tiered staking: 10% APR flexible (no lock), 15% APR (1 month), 22% APR (3 months) and 55% APR (12 months), plus a 5% referral bonus. The sponsored coverage highlights presale scarcity, rumored Tier‑1 exchange listings and urgency to buy before Phase 2 caps and Phase 3 pricing rises. Disclaimer: the piece is sponsored and not financial advice. Traders should perform due diligence and treat the guaranteed listing price and projected returns as marketing claims until independent confirmations (exchange listings, tokenomics audits, and regulatory compliance) are available.

Harvard University increased its holding in the iShares Bitcoin Trust (Bitcoin ETF, IBIT) to about $443 million in Q3, up from roughly $117 million earlier in the year — a rise of more than 250%. The position is now Harvard’s largest disclosed ETF holding and roughly twice its newly expanded gold ETF allocation (~$235M). The $443M stake equals about 0.75% of Harvard’s ~$57B endowment. Purchases occurred before a market pullback: Bitcoin fell from around $114,000 at quarter-end to roughly $92,000, leaving the new position underwater on paper. The move has prompted internal debate: some faculty and commentators question Bitcoin’s volatility, lack of yield and environmental footprint, while others view Bitcoin alongside gold as a hedge against currency stress. Market signals cited as near-term headwinds include ETF outflows and concentrated options activity around the $91,000 strike; analysts say reclaiming $100,000 would help restore confidence, while failure to do so could open a slide toward the low $80,000s. Key themes for traders: sizable institutional accumulation despite timing risk, increased correlation to macro-hedge narratives vs. gold, and short-term technical resistance at $91k–$100k that could determine price direction. Primary keywords: Harvard Bitcoin ETF, iShares Bitcoin Trust, Bitcoin ETF inflows. Secondary keywords: institutional allocation, gold ETF, ETF outflows, market correction, $91k options, $100k resistance.

Sonami (SNMI) has launched what it markets as the first Layer‑2 token built for the Solana blockchain, introducing transaction‑bundling technology designed to aggregate multiple user interactions into single optimized transactions that settle on Solana Layer‑1. The Layer‑2 aims to reduce per‑transaction load and network congestion during demand spikes while preserving Solana’s native speed and security. Target use cases are latency‑sensitive, high‑frequency applications such as real‑time multiplayer gaming, microtransaction utilities, high‑volume decentralized trading, meme‑coin frenzies, and NFT mints. Founder Zakit Mobad describes Sonami as a “performance multiplier” intended to deliver consistent low‑latency experiences in volatile periods. The project is currently in a presale ahead of a Token Generation Event (TGE) and plans subsequent listings on DEXs and CEXs after presale completion. Keywords: Sonami, SNMI, Layer‑2, Solana, transaction bundling, scalability, presale.

On Dec 3, 2025, an address linked to TRON founder Justin Sun withdrew 100 million TRX (≈ $28M) and nearly $5M in USDT from Binance within about one minute, according to on-chain trackers including Onchain Lens. The rapid, mixed-asset transfers prompted observers to call the moves coordinated. The receiving address now holds roughly 492 million TRX (≈ $138M at current rates), suggesting recent accumulation or treasury consolidation. Market reaction was muted: TRX saw a slight uptick as exchange sell-side liquidity fell, which can temporarily reduce immediate selling pressure. No official comment has come from Justin Sun or the TRON team. Plausible explanations include transfer to cold storage, staking/DeFi deployment, or treasury management. For traders, key indicators to watch are whether the tokens remain off-exchange (potentially bullish by lowering circulating sell pressure), are routed into staking or liquidity pools (neutral to bullish if locked), or are later moved back to exchanges (bearish if sold).

Coinbase has reopened registrations and resumed crypto-to-crypto trading in India after a two-year suspension, following an early-access phase that began in October and completion of Financial Intelligence Unit registration in March 2025. The restart includes asset transfers, Simple Trade and Advanced Trade interfaces, and full access to Coinbase Wallet. Coinbase closed older India-linked accounts tied to overseas entities and rebuilt local operations with new hires (including India marketing head Karan Malik) and regulatory engagement — international policy adviser Katie Mitch has met India’s Parliamentary Standing Committee on Finance. Fiat on-ramp support for the Indian rupee (INR) remains suspended; Coinbase says it plans a regulated bank-linked INR-to-crypto integration in 2026. The company also noted investments in Indian platforms and wider product expansion, including decentralised trading in other markets. For traders: immediate effects are increased access for Indian users to crypto-to-crypto markets and potential improvement in onshore liquidity for regional pairs; significant retail fiat flows and deposit volumes will likely wait until the INR ramp is live. Regulatory headwinds persist — India’s tax regime (30% tax on gains and 1% TDS on transactions) remains a constraint that could limit retail trading volumes in the near term.

Jupiter COO Kash Dhanda conceded that earlier claims describing Jupiter Lend vaults as having “zero contagion risk” were inaccurate. While Jupiter previously presented vaults as isolated, the protocol permits rehypothecation (collateral reuse) or recollateralization to boost capital efficiency, meaning collateral from one vault can be reused across a broader liquidity structure. Jupiter deleted social posts that described vaults as isolated; Dhanda said a deletion should have been accompanied by a correction. The admission followed public criticism from Solana lending projects, notably Kamino, which paused or blocked Jupiter Lend’s migration tool and publicly challenged Jupiter’s risk messaging as potentially misleading. Kamino cited concern that Jupiter’s descriptions understated systemic or counterparty risk. The episode highlights growing scrutiny of treasury structures, rehypothecation practices and contagion risk within the Solana DeFi ecosystem. Traders should watch for increased transparency requests, possible liquidity migration away from Jupiter Lend, and short-term volatility in Solana-linked lending markets and rates as counterparties reassess exposure. Primary keywords: Jupiter, rehypothecation, vault contagion, Solana lending, systemic risk. Secondary keywords: DeFi lending, collateral reuse, capital efficiency, migration tool.

Bitcoin is trading at the critical 0.382 Fibonacci retracement zone near $88k–$91.5k after a weekend leverage flush that briefly pushed prices below $88,000 and liquidated over $100m in positions. Analysts (Daan Crypto Trades, Bull Theory, 10x Research, LVRG Research, Bitfinex) warn that a confirmed break below the 0.382 support would likely test April lows around $76,000 and break the higher-timeframe market structure. On-chain metrics are mixed: the “liveliness” metric shows renewed activity from long-term holders, while Bitfinex sees signs of seller exhaustion after heavy deleveraging. Macro drivers are prominent — markets widely price a 25bp Fed cut at the upcoming FOMC, but the Fed’s forward guidance and incoming US jobs and inflation data will probably determine risk appetite and liquidity flows. Other risk factors include slowing ETF inflows, thinning December volumes, volatility compression and vulnerability to short-term liquidity sweeps that amplify liquidations. Trader takeaways: 1) monitor the $88k–$91.5k 0.382 support (a confirmed breach risks a drop toward ~$76k); 2) watch the FOMC statement and US macro prints for changes in tone or surprises; 3) beware low-liquidity sessions and leverage exposure, which can magnify moves; and 4) stabilization with rising on-chain liveliness or renewed ETF demand would favor a resumption of bullish momentum.