A historic shift in Bitcoin ownership unfolded during the latest market downturn, while the broader crypto market remained tied to uncertainty over a possible US Federal Reserve rate cut in December.Over 8% of the total Bitcoin (BTC) supply changed hands…

XRP (XRP) has rebounded nearly 25% from the $2 psychological level in the past week, with tailwinds from strong daily ETF inflows exceeding $164 million following the launch of Grayscale’s GXRP and Franklin Templeton’s XRPZ. Key takeaways:XRP stays bullish above…

Tokyo-listed Bitcoin treasury firm Metaplanet has drawn another $130 million in Bitcoin-backed credit, expanding its use of collateralized borrowing to accelerate BTC purchases, income-generation strategies and potential share buybacks.On Tuesday, Metaplanet disclosed it executed the loan on Nov. 21 under…

A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and broader Web3 into regulatory parameters, signaling an important shift for the industry.The UAE’s new central bank law, Federal Decree Law No. 6 of…

Pseudonymous Pump.fun co-founder Sapijiju rejected claims that the project cashed out more than $436 million in stablecoins, calling the allegations “complete misinformation” from the blockchain analytics firm Lookonchain. In an X post, Sapijiju addressed the report, insisting that none of the…

Crypto wallet provider Exodus plans to use its Bitcoin reserves to finance a major push into onchain payments, striking a $175 million deal to acquire W3C Corp, the parent company of payment infrastructure providers Monavate and Baanx.The agreement, announced on…

The infamous Hyperliquid “OG Whale” who made nearly $200 million from the Oct. 10 market crash, alongside a few other successful plays, has loaded up $44.5 million in Ether longs. The whale, known by some as the “$10B HyperUnit Whale,”…

The founder of Berachain has thrown cold water on a recent report suggesting that one of its lead Series B backers was granted the right to be refunded $25 million, calling the framing “incomplete” and “inaccurate.”Unchained reported on Monday that…

Dunamu, the parent company of South Korean crypto exchange Upbit, is reportedly looking to debut in the US after it finalizes its merger with local tech giant Naver.Dunamu wants to launch an initial public offering on the tech-heavy Nasdaq after…

Crypto-sector investors favored digital asset treasuries (DATs) on Monday, with crypto treasury stocks outpacing the broader crypto market.BitMine Immersion Technologies was leading the pack of major digital asset treasuries with a Monday stock surge of almost 20%, according to Google…

The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory cover” from enforcement.The no-action letter was sent to Solana DePIN project Fuse, which issues…

Institutional investors new to crypto may have been caught off guard by Bitcoin’s volatility, and has put downward pressure on its price, according to crypto entrepreneur and investor Anthony Pompliano.During an interview on CNBC’s Squawk Box on Monday, Pompliano said…

Bitcoin (BTC) traders are navigating through one of the fastest capitulation events since late 2022, but one market analyst argued that historical data confirms that $80,000 was the bottom.Key takeaways:A Bitcoin analyst assigned a 91% probability that BTC will not…

Key pointsSolana’s native token SOL (SOL) failed to reclaim $140 on Monday despite recovering part of its recent losses. A negative funding rate in SOL perpetual futures and declining onchain activity across the Solana network continued to weigh on investor…

The Financial Services Agency in Japan will reportedly require cryptocurrency exchanges to maintain liability reserves as part of measures to guard against hacks or unforeseen events.According to a Monday Nikkei report, Japan’s FSA will revise its requirements for local companies…