Core Insights - US-listed spot XRP exchange-traded funds (ETFs) have achieved one month of consecutive net inflows since their launch on November 13, distinguishing them from Bitcoin and Ethereum ETFs that faced significant outflows during the same period [1][2] - XRP has attracted approximately $990.9 million in cumulative net inflows as of December 12, with total net assets across five products reaching about $1.18 billion, and no days of net redemptions recorded [2][6] - Ripple CEO Brad Garlinghouse noted that XRP is one of the fastest spot crypto ETFs to reach $1 billion in assets under management in the US, only behind Ethereum [6] Market Comparison - In contrast to XRP, US spot Bitcoin ETFs experienced approximately $3.39 billion in net outflows over the same 30-day period, including a significant single-day withdrawal of around $903 million on November 20 [3] - Ethereum ETFs also faced challenges, posting about $1.26 billion in net outflows during the same timeframe [3] - On December 1, XRP ETFs brought in $89.65 million, while Bitcoin ETFs gained only $8.48 million, and Ethereum ETFs recorded over $79 million in net outflows [4] December Trading Trends - Throughout December, Bitcoin spot ETFs had four negative flow days compared to eight positive days, while Ethereum ETFs showed five negative days and seven positive days; in contrast, XRP ETFs maintained positive flows consistently [5] - The demand for regulated crypto products is highlighted by Vanguard's recent decision to offer access to crypto ETFs through traditional retirement and investment accounts, making crypto accessible to a broader audience [7]

Core Insights - BitMine Immersion Technologies Inc. has acquired an additional 102,259 Ethereum, with Chairman Tom Lee asserting that high AI valuations can yield long-term returns [1] Group 1: Ethereum Holdings - As of December 14, BitMine holds approximately 3.97 million ETH, valued at around $12.2 billion, representing over 3.2% of the total Ethereum supply [2] - The company is approximately two-thirds of the way toward its goal of acquiring 5% of the Ethereum network [2] - BitMine's Ethereum treasury is the largest among public companies and the second-largest globally, following Strategy's Bitcoin reserves [3] Group 2: Strategic Developments - Regulatory developments anticipated in 2025, such as the GENIUS Act and the SEC's Project Crypto initiative, have reinforced the company's long-term commitment to digital assets [4] - BitMine is advancing its proprietary Ethereum staking infrastructure, the Made in America Validator Network, expected to launch in early 2026 [4] Group 3: Market Activity - BitMine's increased crypto exposure has led to a significant rise in stock market activity, with an average daily trading volume of approximately $1.9 billion, ranking it among the 50 most actively traded U.S. equities [5] - The company plans to hold its annual shareholder meeting in Las Vegas on January 15, 2026, as it continues to scale its Ethereum accumulation strategy [5] Group 4: AI Valuation Perspective - Chairman Tom Lee defends current AI valuations, suggesting that concerns about "absurd" valuations overlook the historical development of exponential industries [6] - Lee compares the current AI cycle to the internet boom of the late 1990s, indicating that while many individual stocks may fail, diversified exposure to the broader theme tends to outperform over time [7]

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: Lawmakers on the US Senate Banking Committee have decided to delay action on long-awaited Senate Banking Committee Pushes Markup Hearing Of Crypto Market Structure Bill to Next YearA spokesperson for the committee said that, "Chairman [Tim] Scott and the Senate Banking Committee have made strong progress with Democratic counterparts" on the bill but that lawmakers were still negotiating, as quoted by a Coin Desk report.The pause is a disappointment for the crypto industry, which had been hoping at least ...

Core Viewpoint - Bitcoin has fallen below $86,000 for the first time in two weeks, indicating a continued decline in market sentiment and a shift towards a bear market for the largest cryptocurrency [1] Group 1: Market Performance - Bitcoin has been trading within a narrow range of $85,000 to $94,000, with overall trading interest being low and insufficient to create effective rebound momentum [4] - Bitcoin's price has dropped approximately 30% from its historical high of over $126,000 in early October, reaching a low of $85,154.87 [1] - Other cryptocurrencies, including Ethereum, Dogecoin, and Ripple, have experienced declines of around 5%, with related stocks also under pressure [6] Group 2: Market Dynamics - The recent decline in Bitcoin is driven by adjustments in spot and derivative positions rather than large-scale forced liquidations, indicating a more sustained selling pressure in a low liquidity environment [5] - Despite the overall market pressure, Strategy (MSTR.US) continues to invest in Bitcoin, having spent nearly $1 billion on purchases over the past two weeks, funded primarily through the issuance of Class A common stock [5] - The performance of Bitcoin and the overall crypto market remains correlated with the weakness in the U.S. stock market, as evidenced by the simultaneous decline during trading hours [5]

Weaker-than-expected Chinese economic news is negative for global growth prospects. China's Nov industrial production unexpectedly eased to +4.8% y/y from +4.9% y/y in Oct, versus expectations of an increase to +5.0% y/y. Also, China's Nov retail sales rose +1.3% y/y, weaker than expectations of +2.9% y/y and the smallest pace of increase in 2.75 years. In addition, China's new home prices fell 0.39% m/m, marking the 30th consecutive month of declines.Monday’s US economic news was mixed for stocks. The Dec ...

Texas is set to see a major expansion of crypto access after Bitcoin Bancorp said it plans to deploy up to 200 licensed Bitcoin ATMs across the state beginning in early 2026. The rollout, scheduled to start in the first quarter of 2026, reflects a broader push by crypto ATM operators to expand in U.S. states with clearer regulatory frameworks and strong demand for cash-to-crypto services. Related: Crypto traders issue warning as key U.S. data arrives Bitcoin Bancorp, an OTC-listed company and Bitcoin AT ...

Solana captured 26.79% of global interest in blockchain-specific narratives throughout 2025, securing its position as the most popular crypto ecosystem for the second consecutive year despite facing mounting competition and declining market share. Base and Ethereum rounded out the top three positions while newer entrants like Sui and BNB Chain surged into prominence, according to CoinGecko’s latest blockchain ecosystem analysis. The layer-1 network’s market share dropped 12.0 percentage points from 38.79 ...

Core Insights - Bitcoin (BTC) has experienced a significant decline, currently trading around $86,000, down approximately 8% year-to-date, and unable to surpass $94,000 recently [1][5] - The cryptocurrency market is facing skepticism regarding a year-end rally, with weak inflows into bitcoin exchange-traded funds limiting upward movement [1][2] - Analysts suggest that Bitcoin is likely to remain in a consolidation phase between $80,000 and $100,000 rather than entering a bullish trend [2] Market Dynamics - Trading volumes for Bitcoin have decreased by 20% week-over-week, indicating a lack of conviction and reduced speculative participation [2] - The Federal Reserve's recent rate cuts have influenced price movements, with Bitcoin briefly rising above $94,000 before falling back [3] - Analysts caution against chasing Bitcoin rallies, noting that recent buyers have a cost basis of around $103,000, leading to a tendency to sell when prices drop [4] Price Forecasts - Standard Chartered has revised its year-end Bitcoin price target down to $100,000 from $200,000, and its 2026 target to $150,000 from $300,000 [5]

California deserves the same access that 46 other states have.Reality check:→ Staking isn't a security→ No one has ever lost assets by staking on Coinbase→ Californians have already missed out on $110m in potential rewards since 2023Time for change. https://t.co/Wbfx81kZFv ...