Institutional Ethereum demand collapses as Digital Asset Treasuries’ purchases drop 81% since August, with inflows dropping to 370K ETH. Institutional appetite for Ethereum (ETH) has hit a wall, with recent data from Bitwise showing that purchases of the cryptocurrency by publicly traded Digital Asset Treasuries (DATs) fell to 370,000 ETH in November, representing an…
Binance is once again at the center of a legal dispute following a 2022 incident that led to the loss of significant user funds. Summary Florida’s appeal court has reinstated a lawsuit claiming Binance failed to freeze and recover roughly 1,000 BTC stolen in 2022. The ruling found Binance maintained sufficient U.S. and Florida contacts…
Key Takeaways Sam Altman considered investing heavily in Stoke Space, a rocket startup founded by former Blue Origin engineers. Talks involving potential billions in equity and a controlling stake are no longer active. Share this article OpenAI CEO Sam Altman had weighed acquiring Stoke Space, a startup building fully reusable rockets, in a potential bid…
In crypto news today, the pump in BTC and ETH against USD, and the anticipation around the Fusaka upgrade are the talking points. BTC USD breaking above $93,000 and ETH USD reclaiming the $3,000 level, it almost feels like déjà vu for anyone who has lived through previous crypto cycles. Market Cap 24h 7d 30d…
Coinbase Institutional released its monthly outlook report on Wednesday, indicating that conditions may favor a market reversal in December following Bitcoin’s underperformance in November. Summary Bitcoin underperformed in November, falling more than three standard deviations below its 90-day average, while U.S. equities saw milder declines. Market conditions may favor a December reversal, as the end…
Key Takeaways Connecticut ordered Robinhood, Crypto.com, and Kalshi to stop unlicensed online sports wagering. The platforms’ activities exposed consumers to risks due to lack of state oversight and protections. Share this article Connecticut has taken enforcement action against KalshiEX, Robinhood Derivatives, and Crypto.com, directing the companies to cease offering illegal sports betting products in the…
The crypto market is showing strong gains on December 3, 2025, with .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px…
Coinbase Institutional has painted a brighter picture for digital asset markets going forward than we’ve seen in recent weeks. “With quantitative tightening [QT] ending, the Fed is back in the bond market, and the drain of cash from markets may be behind us,” Coinbase Institutional stated on Wednesday before adding, “That’s usually good for…
Coinbase Global Inc. got a welcome jolt Wednesday afternoon as Bitcoin sprang back above $93,000 — a reminder that Coinbase and the world’s largest cryptocurrency remain a co-dependent duo. Summary Coinbase shares climbed on Wednesday as Bitcoin surged back to just under $94,000. Despite a recent downgrade, bullish sentiment remains, boosted by strong Q3 earnings…
Key Takeaways BlackRock CEO Larry Fink links rising US national debt to increased potential for crypto adoption. Uncontrolled US deficits could weaken confidence in the dollar, making Bitcoin and other digital assets more attractive as alternatives. Share this article BlackRock CEO Larry Fink identified rising US national debt as a potential driver for broader crypto…
