Bitcoin slides below $84,000 as oil jumps on Iranian tanker attacks; $550M in leveraged longs liquidated
A geopolitical oil spike triggered the largest forced-selling episode of the week, with smaller tokens falling harder than bitcoin and traders betting on higher
Coindesk · +2 outlets
FinCEN scraps proposed $10,000 reporting rule for crypto sent to private wallets and mixer designation
Withdrawal of the long-pending self-custody reporting and mixer proposals removes a multi-year regulatory overhang that never took effect.
Coindesk · +8 outlets
Cardano's CIP-0113 programmable token standard goes live on mainnet, letting issuers freeze, seize and restrict assets
The standard bakes identity checks, sanctions controls and transfer rules into regulated stablecoins, funds and bonds on Cardano.
Coindesk · +5 outlets
Robinhood adds $25 million of bitcoin to its balance sheet as it deepens crypto push
An SVP said the purchase was intended to signal the company's commitment to crypto rather than as a trading position.
Theblock · +14 outlets
Pudgy Penguins-backed Ethereum L2 Abstract to shut down Dec. 15, becoming second layer 2 to close in a week
Igloo spent tens of millions supporting the consumer chain, and the closure follows Blast's decision that its own network was no longer worth operating.
Coindesk · +6 outlets
CFTC proposes federal framework for leveraged and margined retail crypto trading
The rulemaking introduces Regulation CTX and CAM plus a new 'crypto asset market' exchange category for retail derivatives.
Theblock · +14 outlets
Coinbase to relaunch Coinbase Pro by year-end as Deribit integration creates Coinbase Global Exchange
The combined venue consolidates Coinbase's spot and derivatives businesses under a single global exchange structure.
Theblock · +6 outlets
Spiko raises $90M Series B led by NEA at $800M valuation for tokenized cash funds
The round scales a tokenized cash fund business holding about $2.7 billion in assets and funds expansion into new markets.
Theblock · +3 outlets
OKX draws investment from Standard Chartered, Circle and Ripple as it pushes beyond crypto exchange roots
The exchange is positioning itself as a global fintech platform spanning crypto, payments and tokenized assets after a joint venture with NYSE parent ICE.
Coindesk · +10 outlets
U.S. government-linked wallets move over $100 million in BTC and BNB; no sale confirmed
Arkham-tracked transfers revived questions about the pace of government liquidations of seized crypto.
Coindesk · +14 outlets
Conduit sues Tether in NY federal court over $2.76 million USDT freeze
The plaintiff alleges Tether froze its funds for over a year without explanation and has 'no legal entitlement' to the money.
Theblock · +14 outlets
Solana Foundation unveils open-source institutional trade settlement program with JPMorgan input
The program targets settling institutional trades in seconds rather than days, with key inputs from JPMorgan.
Coindesk · +14 outlets
Winklevoss group files for spot Zcash ETF with 0.25% fee and WINK ticker, Gemini as custodian
The filing would compete with Grayscale's ZCSH as issuers expand spot crypto ETF applications beyond bitcoin and ether.
Theblock · +8 outlets
Ondo Finance launches tokenized private-company exposure platform, starting with a pre-IPO AI firm
The private-markets platform issues tokenized notes tied to pre-IPO companies, extending tokenization into private equity.
Theblock · +14 outlets
U.S. spot bitcoin ETF investors and yearly buyer cohorts map support as recovery stalls below $84,000
Cohort analysis suggests shallower drawdowns than prior bear markets, with ETF cost bases and recent buyers defining key levels.
Coindesk · +7 outlets
Rain seeks OCC national trust bank charter, becoming 12th crypto firm to apply
The proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue dollar-backed tokens.
Coindesk · +2 outlets
Bitcoin dips below $84,000 as oil climbs, keeping the wider range intact
Analysts flagged $84,000 as the level that hands control to sellers and puts $80,000 in play.
Coindesk · +1 outlets
Brevan Howard taps Ripple Prime for multi-asset brokerage, clearing and financing
The mandate deepens a relationship that began with the macro fund's investment in Ripple.
Theblock · +1 outlets