Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

ZCash (ZEC) led gains among the top 100 cryptocurrencies this week, rising roughly 28% over seven days and briefly touching $368 — its highest since Nov. 29. ZEC posted dramatic moves in Q4 2025, rallying about 20x from mid‑August to mid‑November and peaking near $705 on Nov. 17 after institutional developments: Cypherpunk Technologies announced a ZEC-denominated digital-asset treasury and Grayscale filed for a spot ZEC ETF in the U.S. Despite the weekly strength, ZEC pulled back intraday (down ~5.6% in 24 hours) as broader market losses (~2.7%) and rising volume accompanied the move. Other privacy coins — Monero (XMR), Dash (DASH), Decred (DCR), MimbleWimbleCoin (MWC) and Verge (XVG) — mostly lagged or declined; Monero recently reclaimed the largest privacy-coin market-cap spot (~$7.6B vs. ZEC’s ~$7.2B). Earlier coverage noted ZEC’s prior rallies (15–23% weekly and medium-term gains) and technical resistance near $487, with a sustained break potentially targeting above $600. Taken together, the latest reporting shows ZEC remains volatile and driven by institutional catalysts, but sector-wide momentum has not consistently broadened — suggesting any further upside depends on follow-through from institutional flows and clearing technical resistance levels. Traders should watch volatility, volume, resistance at $487–$600, and relative strength versus competing privacy coins for short-term setups and risk management.

Bitcoin World has changed its weekend publishing schedule: from Saturday 15:00 UTC until Sunday 22:00 UTC the newsroom will operate in a limited mode and publish only major, market‑moving events (for example: large price swings in top assets, regulatory announcements, exchange outages, major security incidents or significant protocol upgrades). Full real‑time coverage and routine reporting resume at Sunday 22:00 UTC. The outlet says the move is intended to reduce reporter fatigue and improve EEAT (Experience, Expertise, Authoritativeness, Trustworthiness), favouring deeper, better‑vetted analysis when full service returns. Archives and site access remain available 24/7; non‑critical updates during the limited window may be delayed. Practical guidance for traders: review Friday summaries before the coverage window, set alerts for breaking news (these will still be issued), and expect more comprehensive analyses after full service resumes.

Solana (SOL) spot ETFs have recorded seven consecutive trading days of net inflows, pushing cumulative assets under these products toward the $700 million mark. Daily flows remain positive but have moderated from the initial post-launch surge. Bitwise’s BSOL is the largest vehicle with roughly $609 million in cumulative inflows, followed by Grayscale’s GSOL at about $98 million and Franklin Templeton’s ETF near $55 million. All listed SOL spot ETFs offer staking exposure, a feature likely supporting sustained institutional demand despite SOL’s broader price weakness and market volatility. Analysts link the inflows to growing institutional adoption of crypto ETFs, Solana ecosystem growth (DeFi, NFTs), and portfolio diversification strategies. Near-$700M of institutional capital is considered more “sticky” than retail flows and can provide price support, but it also ties SOL price action more closely to ETF creation/redemption mechanics and regulatory sentiment. Traders should monitor ETF daily flows, large-holder activity, and regulatory developments, since changes in ETF demand or policy could quickly affect SOL liquidity and short-term price movements.

Hyperliquid has deployed a portfolio margin system in pre‑alpha on its testnet that unifies spot and perpetual (perps) trading to improve capital efficiency and enable advanced strategies. The initial rollout permits borrowing only USDC with HYPE as the sole collateral; USDH and BTC are planned before the alpha release and borrowing limits will remain conservative. Key features include cross‑margining between spot and perps, automatic yield on idle spot assets, and the ability for spot holdings to collateralize short perp positions — enabling carry trades and more delta‑neutral strategies. The framework will apply across all HIP‑3 decentralized exchanges and extend to future HyperCore asset classes. A forthcoming CoreWriter upgrade will add smart‑contract access and ERC‑20 wrappers so developers can build on‑chain strategies. Market commentator Austin King noted portfolio margin’s potential to multiply liquidity, citing TradFi precedent from the Chicago Mercantile Exchange. At publication HYPE was trading near $28.83 (showing recent short‑term weakness but strong year‑to‑date gains). For traders: expect higher capital efficiency, possible increases in open interest and liquidity, changes to margin requirements, and new opportunities for yield and hedged strategies as features move from testnet to alpha — all of which could influence HYPE trading dynamics as adoption and asset support expand.

At Solana’s Breakpoint conference, Scott Lucas, Global Head of Digital Assets at JPMorgan, said Solana’s high-throughput, low-fee environment is maturing from an experimental sandbox into a source of protocols that can be adapted for regulated financial markets. Lucas argued that Solana’s “challenging ideas” are useful for pressure-testing concepts that — after security hardening, audits and engagement with banks and regulators — can become institution-ready. He highlighted the role of open debate, developer events and pilot programmes in translating crypto-native innovation into compliant products. For traders: monitor projects that demonstrate clear pathways to institutional adoption, as JPMorgan’s public acknowledgement signals rising institutional attention; however, the bank did not announce any specific Solana implementations. If experimental protocols are hardened and adopted, this could boost liquidity and product issuance for SOL-linked assets over time. Keywords: Solana, SOL, institutional adoption, regulated market solutions, digital asset markets.

Director Carl Erik Rinsch was convicted in Manhattan federal court of one count of wire fraud, one count of money laundering and five counts of conducting monetary transactions in proceeds of unlawful activity after prosecutors say he diverted Netflix production funds into personal trading and purchases. Netflix had agreed in 2018 to fund the sci‑fi series White Horse, paying $44 million for initial episodes and providing an additional $11 million in March 2020 to complete production. Instead of using the supplemental $11 million for the show, Rinsch allegedly routed the money through multiple bank accounts into a personal brokerage account and made heavy trades in speculative securities, stock options and cryptocurrencies (including Dogecoin). Within roughly two months he reportedly lost more than half of the $11 million, though prosecutors say he realized a substantial profit on a Dogecoin position. He also used the funds for personal expenses and luxury items — about $1.7M in credit‑card payments, $3.3M on furniture and antiques, a $387K Swiss watch, and roughly $2.4M on five Rolls‑Royces and a Ferrari. Sentencing is scheduled for April 17, 2026; counts carry statutory maximums that could total decades, though actual prison time will be set by the judge. Rinsch’s lawyer warned the verdict could broaden federal fraud charges in contractual or creative disputes. For crypto traders: the case highlights risks around using third‑party or corporate funds for speculative crypto trading, increased enforcement scrutiny over misused funds, and how large, highly leveraged retail or private trades (including meme coins like Dogecoin) can lead to rapid portfolio swings and legal exposure.

SUI rallied after being included in the Bitwise 10 Crypto Index ETF (BITW) and seeing substantial on‑chain withdrawals that indicate holder accumulation. BITW began trading on NYSE Arca with a 0.24% allocation to SUI (≈$2.4M at launch), creating immediate institutional demand. CoinGlass data shows roughly $17.17M of SUI withdrawn from exchanges last week, reducing potential sell pressure. Derivatives metrics point to bullish positioning, with leveraged longs (~$17.63M) outweighing shorts (~$5.72M). Technicals: SUI reclaimed support near $1.60, daily ADX at 26.68 signals a strengthening trend, and key levels include $1.512 (support) and $1.694 (short‑term resistance); a daily close above $1.75 could target about $2.20 (~26% upside). Volume has fallen (~22% to $831M), suggesting the rally lacks broad participation and warrants caution. Ecosystem moves — a new ecosystem fund and developer grants from Sui Network to boost DeFi and TVL — add structural demand potential. For traders: watch ETF flows, on‑chain withdrawals, funding rates and liquidation zones between $1.512–$1.694; the immediate outlook is bullish but watch declining volume and liquidation risk. This is not investment advice; crypto markets remain volatile.

HSBC, SWIFT and Ant International completed a joint proof‑of‑concept enabling near‑real‑time cross‑border transfers of tokenized bank deposits using the ISO 20022 messaging standard. The pilot ran between HSBC’s Singapore and Hong Kong operations and combined Ant International’s blockchain infrastructure, SWIFT’s ISO 20022 messaging network and HSBC’s Tokenized Deposit Service, which mints one‑for‑one fiat tokens representing bank deposits. The implementation included AML and sanctions screening integrated with HSBC compliance tools. The common protocol demonstrated faster settlement (minutes vs days), lower intermediary costs, greater transparency through immutable transaction records, and programmable rules for use cases like remittances, trade finance and automated corporate payments. Participants said ISO 20022 was key to interoperability and that the trial shows tokenized deposits can integrate with — rather than immediately replace — legacy rails. Challenges remain: regulatory divergence, required bank technology upgrades, security and custodian models, and the need to build institutional and public trust. Ant International additionally reported a separate achievement — winning a NeurIPS fairness competition for AI face‑detection — underscoring its R&D capabilities. For crypto traders, the pilot signals progress in on‑ramp/off‑ramp infrastructure and potential demand for tokenized‑fiat liquidity, while broader adoption still depends on regulation and more multi‑stakeholder pilots.

TRM Labs published research showing strong crypto adoption in Venezuela as citizens, businesses and state-aligned actors turn to cryptocurrencies for remittances, payments and value storage amid hyperinflation, currency controls and falling oil revenue. The report documents high peer-to-peer volumes, active use of exchanges, payment processors and decentralized services, and growing on-chain activity tied to cross-border value transfers. TRM warns that weak local controls and overlapping informal networks expose the ecosystem to elevated illicit finance, sanction-evasion and fraud risks. The firm urges enhanced compliance, improved on-chain monitoring and targeted policies to curb money‑laundering and sanctions circumvention without cutting off legitimate remittance flows. For traders: persistent retail demand and remittance-driven flows can support local liquidity and trading activity, but heightened regulatory scrutiny and sanctions risk increase counterparty risk and potential short-term volatility in on‑ and off‑ramps. Monitor enforcement actions, exchange compliance updates and P2P volume spikes for signals that could change liquidity and pricing dynamics.

AAVE surged about 9% to near $205 following the Federal Reserve’s rate cuts and mounting trader interest in Aave’s V4 upgrade. V4 introduces a redesigned liquidation engine aimed at improving capital efficiency and risk controls — a protocol-level improvement that traders see as bullish for lending dynamics. Derivatives metrics picked up sharply: open interest rose roughly $34 million in 24 hours (CoinGlass), signaling increased leveraged exposure and higher sensitivity to price swings. On-chain indicators strengthened in parallel: active receiving addresses nearly doubled to ~1,200 since Dec. 7 (CryptoQuant) and weekly protocol fees rose by about $0.3m to $15.47m (Token Terminal), consistent with higher lending and liquidation activity. Orderbook and derivatives heatmaps show a notable $1.99m liquidity cluster around $223, which may act as a near-term resistance point. Combined macro tailwinds (lower rates) and the V4 narrative support upside for AAVE, but elevated open interest increases the risk of sharp pullbacks if leveraged positions unwind. Traders should monitor open interest, liquidation levels, the $223 liquidity cluster, and V4 deployment milestones for short-term trading signals and risk management.

Zcash (ZEC) remains a leading privacy coin thanks to optional shielded transactions powered by zk‑SNARKs and ongoing development by the Electric Coin Company. Combined forecasts from recent analyses project meaningful upside from 2026–2030 driven by rising demand for transaction privacy, improvements in zero‑knowledge proofs, institutional interest, and adoption in regions with heavy financial surveillance. Near‑term scenarios (2025–2026) show wide outcome ranges reflecting uncertainty: conservative, moderate and bullish price bands. Longer‑term projections (2026–2030) suggest higher potential prices if Zcash sustains technical leadership and broader adoption. Key risks are heightened regulatory scrutiny and possible exchange delistings in the US and EU, competition from other privacy protocols (notably Monero and Dash) and privacy-focused Layer‑2 solutions, liquidity constraints on major exchanges, market volatility, and the need for continuous protocol development. For traders, recommended actions are: monitor US/EU regulatory developments closely; track protocol upgrades, network activity and liquidity; diversify across privacy coins; use dollar‑cost averaging to manage volatility; size positions conservatively and combine short‑term trades with long‑term holdings. The outlook is conditional — upside depends on technological progress and favorable regulatory outcomes, while non‑compliance or delistings could produce sharp downside. This summary aims to inform trading decisions, not to provide investment advice.

Circle reported active USDC issuance and redemptions across two consecutive weekly reports. In the seven days ending Dec. 4, Circle issued roughly $8.2B and redeemed about $6.2B, producing a net increase of ~$2.0B and leaving USDC circulation near $78.0B with reserves around $78.1B. In the following seven days ending Dec. 11, issuance slowed to ~$5.8B while redemptions were ~$5.3B, yielding a smaller net increase of ~$0.5B and raising circulation to ~$78.5B with reserves of about $78.7B. Reserve composition shifted between reports but remained concentrated in short-term, high-quality instruments: overnight reverse repos/short-term government repo (~$4.6B → ~$49.7B reported across formats), Treasury securities maturing within three months (~$21.6B → ~$18.5B), deposits at systemically important financial institutions (~$9.9B → ~$9.6B), and other bank deposits (~$0.6B → ~$0.9B). The reports are presented as market information, not investment advice. For traders, the data indicate continued high stablecoin flow activity but stable backing levels, suggesting liquidity and redemption risk are being actively managed.

U.S. spot Bitcoin ETFs showed continued investor demand across December 2025, but flows concentrated heavily in BlackRock’s iShares Bitcoin Trust (IBIT). Earlier data reported $150M net inflows on Dec 9 spread across multiple issuers, with Fidelity’s FBTC, Grayscale products, Bitwise and ARK among beneficiaries, suggesting broadening liquidity and diversification in the spot ETF market. A later update for Dec 12 shows a $50.41M category-level net inflow driven entirely by IBIT (+$52.37M), while Fidelity’s FBTC saw a $1.96M outflow and all other U.S. spot Bitcoin ETFs reported zero net flows that day. The shift from multi-fund inflows to a single-day concentration in IBIT indicates a consolidation of investor preference toward large, reputable issuers and a potential ‘flight to quality’ within the maturing spot Bitcoin ETF market. For traders, daily ETF flows matter because net inflows typically force issuers to buy underlying BTC, creating direct buying pressure. Key trading takeaways: monitor daily and weekly ETF flows for buying demand signals; watch market share movement toward IBIT as it can amplify price impact; track fee competition, distribution reach and liquidity changes across issuers; treat isolated outflows from peers as watch points rather than immediate alarms unless they become sustained. Primary keywords: spot Bitcoin ETF, BlackRock IBIT, ETF flows. Secondary keywords: net inflow, Fidelity FBTC, buying pressure, institutional adoption, market share.

Whale Alert recorded Antpool, a major Bitcoin mining pool, transferring 2,265 BTC (≈$205 million) to an unknown wallet. The move shifts a large amount of BTC away from a transparent mining pool into an address not publicly linked to exchanges or institutions. Possible interpretations: consolidation into cold storage (lower near‑term sell pressure), institutional rebalancing, custodial custody moves, OTC settlement, or miner reward payouts. Transfers to mining pools or from them are ambiguous — they are not automatic sales on exchanges and can reflect non‑market actions that avoid on‑order‑book slippage. For traders, the market impact depends on the destination (exchange wallet vs cold/custodial wallet), timing, and whether this transfer is part of a cluster of similar whale moves. Key trading takeaways: monitor exchange inflows/outflows and on‑chain analytics, watch for repeated or clustered transfers to exchange addresses (stronger short‑term sell signal), treat single large transfers as a data point among many (on‑chain metrics, funding rates, order‑book depth, technicals), and avoid impulsive trades based on one transaction. Primary keywords: Bitcoin, BTC, Antpool, whale transaction, on‑chain transfer. Secondary/semantic keywords included: mining pool, OTC, custody, exchange inflows, cold wallet, whale activity.

IPO Genie, an AI-anchored crypto presale project, is sponsoring Misfits Boxing’s headline event—Andrew Tate vs Chase DeMoor on Dec. 20 in Dubai—by running a VIP Financial Freedom Fighter giveaway that will send five winners to the fight. Prizes include round-trip airfare, a three-night luxury hotel stay (Dec. 19–22), VIP arena tickets, event merchandise, backstage access and potential meet-and-greets. Entry requires purchasing the IPO Genie presale token, following IPO Genie on social channels (X, Telegram, Instagram), submitting contact details and completing a registration form. Entrants must be 18+, hold a passport valid for at least six months and be available to travel on the event dates. Winners are announced Dec. 15. IPO Genie positions itself as an AI-driven platform for early-stage deal discovery and private-market clarity; the campaign is a paid promotional tie-up with Misfits Boxing intended to boost brand visibility and community engagement by offering real-world access. For traders: this is marketing rather than an indicator of token fundamentals — expect short-term attention and potential volume spikes around the campaign and prize-award dates, but no direct, sustained on-chain utility implied. Disclaimer: paid promotion, not financial advice.

Pyth Network has launched the PYTH Reserve, a rules-based treasury mechanism that converts protocol revenue into monthly open‑market purchases of the PYTH token. Managed by the PYTH DAO Treasury, the Reserve allocates a portion of income from Pyth’s four core products—Pyth Pro (institutional market data), Pyth Core (on‑chain price feeds), Entropy (secure randomness), and Express Relay (low‑latency execution)—to buy PYTH each month. The mechanism uses one‑third of the treasury balance monthly as seed buyback capital, scaling with revenue and network adoption. The Pythian Council will run quarterly pricing reviews to monitor on‑chain activity and adjust product fees to accelerate monetization. Governance and treasury controls limit Reserve operations and spending. Pyth highlighted the large market opportunity in financial market data, noting institutions spend roughly $50 billion annually and suggesting modest market share could materially grow protocol revenue and increase buyback capacity. The announcement coincided with an immediate ~3–4% PYTH price move; technicals flagged a possible breakout from a falling wedge with targets near $0.12 and $0.16–$0.18 and short‑term support around $0.05. For traders, the Reserve links product adoption to token demand, creating recurring buy pressure that may support PYTH’s price over time while fee adjustments and revenue growth determine cadence and scale of buybacks.

Florida authorities seized roughly $1.5 million in cryptocurrencies linked to an investment fraud case after tracing transactions from a July 2024 complaint. Prosecutors say blockchain forensics, exchange cooperation, traditional financial probes and search warrants linked wallets to a suspect identified as Tu Weizhi, charged with money laundering, grand theft and running an organized fraud scheme; he is reportedly in China and faces arrest if he enters the U.S. Seized holdings included SOL, AVAX, DOGE and PEPE. The operation highlights law enforcement’s growing ability to track cross-chain flows and secure crypto assets, while raising operational challenges such as custody decisions, cross-jurisdictional enforcement and market volatility. For traders, the case underscores enforcement risk, the value of using regulated exchanges, detailed record-keeping and awareness that seized assets may be held, forfeited or liquidated depending on legal outcomes.

A BNB-linked whale (address starting 0x2ee6) deployed 539.6 BNB (≈ $476,000) to acquire 1.65 million RAVE tokens, according to on-chain data cited by Coinotag and LookIntoChain on December 13. The position’s market value has risen to roughly $950,000, producing an unrealized gain near $474,000 — an ROI close to 100%. The large buy occurred amid relatively tight liquidity, suggesting concentrated accumulation by a single holder. Traders should monitor on-chain volume, wallet flows, DEX/spot liquidity and order books, and key support/resistance levels to determine whether this signals sustained demand and a potential rally for RAVE or a short-term pump driven by a single-address accumulation. Primary keywords: RAVE, BNB whale, on-chain buy, unrealized profit. Secondary keywords: ROI, liquidity, on-chain volume, spot market.

21Shares has received Cboe BZX approval to list a spot XRP ETF that will trade under the ticker TOXR, joining four earlier U.S. launches. TOXR tracks the CME CF XRP–USD Reference Rate (New York variant), uses Coinbase Custody, Anchorage Digital Bank and BitGo as custodians, and charges a 0.30% annual sponsor fee paid in XRP (calculated daily, paid weekly). The ETF’s filing shows Ripple Markets as the sole shareholder of the underlying XRP trust (10,000,000 shares acquired for 100 million XRP, ~ $226m at the reference rate). TOXR is the fifth U.S.-listed spot XRP ETF after Grayscale, Canary Capital, Bitwise and Franklin Templeton. Collectively, U.S. spot XRP funds are approaching $1 billion AUM and have recorded no net outflow days since launch, indicating steady institutional demand amid clearer regulatory conditions. Despite ETF inflows, XRP’s market price has lagged recently (about $1.99 at publication, down ~7.2% over the prior week and over 45% below July’s peak), signaling short-term volatility. For traders, the key implications are expanded institutional access to XRP via regulated ETF wrappers, potential for continued ETF-driven inflows as product options multiply, and heightened short-term price moves as supply dynamics and macro factors are absorbed.

Poland’s government has resubmitted the Crypto Assets Market Act to parliament without amendments after President Karol Nawrocki vetoed the bill last week. The legislation would align Poland’s crypto rules with the EU’s Markets in Crypto-Assets (MiCA) framework, creating unified regulation for exchanges, service providers and tokens across the bloc. Prime Minister Donald Tusk urged lawmakers to approve the measure, citing national security concerns and alleging more than 100 crypto entities in Poland have links to Russia, Belarus and other former Soviet states. The president argued the bill imposes overly strict rules that could threaten citizens’ freedoms and property; the government counters that tighter oversight is needed to counter hostile activity and sabotage. For traders, the move signals imminent regulatory harmonisation with MiCA, potential stricter compliance and monitoring for Polish-based firms, and geopolitical-driven enforcement that could prompt higher compliance costs, delistings or restrictions for certain counterparties.

Coinbase has added Lighter (ticker: LIGHTER), an ERC-20 token on Ethereum (contract: 0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2), to its public listing roadmap. The roadmap entry signals Coinbase is formally considering LIGHTER for potential future support but does not confirm a listing date or guarantee trading will launch. Inclusion commonly raises a token’s visibility, can draw increased liquidity and short-term price interest, and prompts other exchanges and traders to watch for a possible listing. Traders should verify the token contract to avoid impersonators, monitor Coinbase’s official channels and the LIGHTER project for updates, and check on-chain activity and developer signals before taking positions. Remember that roadmap inclusion is only one data point: regulatory checks, security and compliance reviews, and technical evaluations may still prevent a final listing.

Citadel Securities sent a 13‑page letter to the U.S. Securities and Exchange Commission arguing that many tokenized securities platforms in DeFi have identifiable intermediaries — such as core developers and governance groups — and therefore should face exchange or broker‑dealer registration and stricter oversight. Citadel said it supports tokenization but warned it must not erode U.S. investor protections. A coalition of major DeFi stakeholders, including the DeFi Education Fund, a16z, the Chamber of Digital Commerce and the Uniswap Foundation, formally rebutted Citadel’s claims as baseless. The DeFi group argued truly decentralized protocols are autonomous code, users keep custody via self‑custody wallets, and that investor protections and orderly markets can often be achieved on‑chain without mandatory registration. The dispute spotlights core regulatory questions: whether software or human actors control tokenized securities, the classification of DeFi platforms as exchanges or intermediaries, and the balance between innovation and investor protection. The outcome of the SEC’s review could set a precedent for tokenized stocks and bonds, affecting market structure, compliance costs and institutional participation in DeFi. For traders, the case raises potential near‑term regulatory uncertainty for tokenized securities listings and liquidity, and longer‑term implications for accessibility of traditional assets on blockchains.

Major prediction market firms — Kalshi, Crypto.com, Coinbase, Robinhood and Underdog — have launched the Coalition for Prediction Markets (CPM) to press for clear federal oversight and uniform integrity standards. Led publicly by Kalshi and Crypto.com, the coalition seeks CFTC-style treatment to prevent insider trading, protect consumers and block state actions that treat prediction markets as gambling. CPM says it will set operating standards, engage policymakers and educate the public to attract institutional capital and reduce regulatory fragmentation. The move follows a recent Kalshi legal win: a temporary federal injunction in Connecticut suspending state enforcement until hearings in early 2026, which the industry cites as precedent for federal jurisdiction. CPM spokespeople (including Kalshi’s Sara Slane and board member Matt David) argue federal regulation will create legitimacy and consistent rules from day one. For traders, the coalition could mean faster standardization, higher institutional participation and clearer compliance requirements — developments that may increase liquidity and reduce jurisdictional legal risk for prediction-market–linked tokens and platforms.

Backed and Chainlink have launched xBridge, the first cross-chain bridge purpose-built for tokenized stocks (xStocks). Built on Chainlink’s Cross-Chain Interoperability Protocol (CCIP), xBridge enables pilot transfers between Ethereum and Solana while preserving corporate actions such as dividends and stock splits. The integration uses Chainlink Price Feeds and Proof of Reserve to keep pricing and collateral verification synchronized across chains and relies on Solana’s Token2022 multiplier-based Shares Model plus a custom rebasing architecture on Ethereum to maintain accurate share accounting. Backed says the xStocks are fully collateralized and MiFID II–compliant; the bridge aims to reduce liquidity fragmentation and improve TradFi-to-DeFi interoperability by expanding where tokenized equities can trade. The pilot is live with a planned wider rollout and additional chain support in the coming weeks. For traders, this may increase on-chain liquidity and the number of venues for tokenized stocks while raising reliance on Chainlink’s oracle infrastructure (LINK).

On-chain data from Santiment shows a clear divergence in Cardano (ADA) holder behavior since November 1: large wallets holding 100,000–100,000,000 ADA have net accumulated about +26,770 ADA while retail wallets under 100 ADA sold roughly −44,751 ADA. This pattern—whales buying on dips as retail capitulates—has historically signalled exhaustion in sell-side pressure and can precede ADA recoveries. ADA currently trades near $0.40 with an RSI around 40, indicating weakening selling momentum but no confirmed reversal. Analysts point to Cardano fundamentals (high staking participation >70% and upcoming network upgrades) as reasons whales may be positioning now. Traders should watch Bitcoin stability and macro catalysts (for example, FOMC-related volatility) because broader market liquidity and BTC calm are often needed to convert whale accumulation into sustained price recovery. Key figures: +26,770 ADA (whales), −44,751 ADA (retail), ADA ≈ $0.40, RSI ≈ 40.

Vanguard has updated its policy to allow its 50+ million U.S. brokerage clients to buy and hold regulated spot Bitcoin ETFs (and other highly liquid third‑party crypto ETFs) on its platform. The move follows SEC approvals for spot crypto ETFs and similar product rollouts by BlackRock and State Street. Vanguard emphasises access to third‑party, regulated ETFs rather than direct crypto custody and says it will not give investment advice on crypto products. John Ameriks, Vanguard’s global head of quantitative equity, described Bitcoin as largely speculative but acknowledged limited utility in extreme fiat inflation or political instability. Bitcoin ETFs have already attracted significant inflows since 2024 (tens of billions of dollars), and Vanguard’s market access could channel conservative retail and retirement capital into crypto without wallets or exchanges. For traders, expected effects include higher ETF volumes, improved liquidity, tighter spreads and potential price support for BTC (and to a lesser extent ETH) if Vanguard clients allocate even small portfolio percentages. Risks remain from macro volatility and regulatory changes. Keywords: Bitcoin ETF, Vanguard, spot ETF, ETF inflows, BTC.

Do Kwon, co-founder of Terraform Labs and architect of the Terra ecosystem, was convicted following court presentations that included harrowing victim letters detailing losses from the May 2022 collapse of TerraUSD (UST) and LUNA. Prosecutors argued Kwon misled investors and partners, contributing to market manipulation and severe investor harm. The letters shifted courtroom focus to the human cost of the collapse. The conviction reinforces scrutiny of algorithmic stablecoins and centralized project governance and underscores rising legal and regulatory risks for crypto founders and related projects. For traders, this increases negative sentiment and volatility for algorithmic stablecoins and tokens tied to opaque governance, potentially amplifying sell pressure and risk premia on similar assets.

Reports say Nvidia is increasing production capacity for its H200 AI accelerator chips to meet strong demand from China, reflecting sustained appetite for high-performance AI hardware. Higher H200 output may ease supply constraints, influence GPU pricing and benefit AI-related hardware suppliers and semiconductor stocks. Separately, Coinbase is exploring launching crypto prediction markets to expand beyond spot trading and staking. Coinbase’s move could spur on-chain event-based markets and derivatives, lifting trading volumes and liquidity in stablecoins and tokens tied to prediction platforms. Traders should watch Nvidia production guidance, GPU supply reports and pricing, plus Coinbase filings or pilot announcements and on-chain volume metrics to gauge short-term volatility and longer-term shifts in market structure. Primary keywords: Nvidia H200, Coinbase prediction markets, AI chips. Secondary keywords: chip production, China demand, on-chain activity, prediction market launch.

Rivian unveiled a full in‑house autonomy stack at its first Autonomy & AI Day, including RAP1 — a custom AI chip for on‑vehicle “physical AI” — a new vehicle computer, bespoke AI models, and an in‑car voice assistant. The company said hands‑free driving improvements begin rolling out later this month, with further incremental features over coming years and a longer‑term roadmap toward “personal L4” autonomy and potential robotaxi services. Rivian plans to ship its hardware and software starting in 2026 and to sell an Autonomy+ driver‑assist subscription (reported pricing: $2,500 upfront or $49.99/month), positioned below Tesla’s FSD pricing. Investor reaction was mixed: shares dropped in some sessions (as much as ~9% intraday in one report) then rebounded (another report showed a 15% gain), while analysts diverged — Needham raised its target citing software and licensing upside, Morgan Stanley kept a lower target and warned of a long path to profitability. Key headwinds include weak U.S. EV demand after federal tax‑credit changes, rising competition, slow consumer adoption of paid advanced driving features, and execution and funding risks. The announcement also raised concerns among chip suppliers (Nvidia shares fell modestly) since Rivian’s in‑house RAP1 could displace third‑party AI chip demand. For crypto traders, the development is relevant mainly as a market‑sentiment and tech‑supply story: it may influence equities and related tokenized stocks or blockchain projects tied to auto/AI ecosystems, but it has no direct link to a specific cryptocurrency.