Bitcoin (BTC) continues to walk a tightrope after weeks of volatile swings. Since Oct. 10, BTC has fluctuated between $82,000 and $90,000 — a sharp drop from its early October peak of $126,000. As of Dec. 5, Bitcoin was trading around $91,009.90 at press time, down 1.5% over the past 24 hours, as per CoinGecko. Despite the recent pullback, Ripple CEO Brad Garlinghouse remains bullish on the long-term outlook for Bitcoin and the broader crypto market. Garlinghouse sees $180K Bitcoin by 2026 Speaking at B ...

Group 1: Japan's Bond Market Impact - Japan's bond market stress is intensifying, particularly after a weak 20-year JGB auction, indicating rising volatility and soft demand [1] - The situation in Japan could lead to a tightening of global liquidity conditions if capital begins to return home, affecting markets beyond Japan [2][7] - The Japanese inflows have historically supported US Treasuries and equities, and any shift could impact risk assets, including cryptocurrencies [2][7] Group 2: US Economic Data and Market Sentiment - Recent US employment data showed a decline of 32,000 jobs, contrary to expectations of an increase, contributing to a cautious market sentiment [3] - The tight financial conditions in the US are reflected in the crypto markets, which have experienced increased volatility and a pullback [3] Group 3: Tether's Financial Health - Concerns regarding Tether's solvency have resurfaced, but current data indicates a surplus of approximately $6.8 billion in reserves over liabilities, suggesting resilience [4] - Tether has generated over $10 billion in profitability this year, primarily from interest income on reserve holdings [4] Group 4: Digital Asset Treasury Sector Adjustments - The Digital Asset Treasury sector is recalibrating after significant market corrections, with companies facing pressure due to limited operating income and high token exposures [5] - Companies are responding in various ways, including issuing new equity or considering buybacks and selective token sales to strengthen balance sheets [5] Group 5: Market Flows and Uncertainty - Fund flows in the market remain positive at approximately $725 million week-to-date, although minor outflows were observed due to a downgrade in December rate cut expectations [6]

Core Insights - The International Monetary Fund (IMF) has released a report highlighting the risks associated with stablecoins, advocating for Central Bank Digital Currencies (CBDC) as a solution to maintain monetary control [1][2] Group 1: Risks of Stablecoins - The IMF report states that currency substitution through stablecoin adoption threatens monetary sovereignty, impacting a country's control over its currency and monetary policy [2] - The report emphasizes that central bank money is essential as the most basic, liquid, and resilient form of money, which should continue to play its role in the economy [2] - The IMF warns that under certain conditions, such as fire sales, central banks may need to intervene, which could jeopardize financial stability [2] Group 2: Perspectives on Stablecoins - Kevin Lee, Gate CBO, argues that the narrative of 'substitution risk' overlooks the potential for private stablecoins and CBDCs to coexist, suggesting a more conciliatory approach [2] - Erbil Karaman, co-founder of Huma.Finance, asserts that the benefits of stablecoins outweigh the concerns, particularly for individuals in unstable fiat economies who are adopting stablecoins for financial liberation [3] - The IMF highlights the lack of regulatory compliance in the crypto industry, making it susceptible to illegal activities such as money laundering and terrorist financing due to the pseudonymity and low transaction costs of stablecoins [4] Group 3: Broader Implications - A report from the U.S. Treasury indicates that the U.S. dollar is also used for transporting and laundering illicit proceeds, suggesting that concerns about stablecoins may apply to traditional currencies as well [5] - Ricardo Salinas Pliego, a billionaire entrepreneur, claims that the anti-crypto campaigns reflect the fear of established financial institutions losing their power and control over money [6]

BOCA RATON, FL, Dec. 05, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DFDV” or the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced the publication of its November 2025 Business Recap, summarizing key developments across earnings, capital markets, ecosystem partnerships, and institutional engagement. The full recap is available here: https://defidevcorp.beehiiv.com/p/nov-2025-recap November demonstr ...

Core Points - A new legislative proposal, House Bill 1042, aims to integrate cryptocurrency investment options into Indiana's public retirement and savings programs [1][2] - The bill expands investment authority for pension funds, allowing direct investment in cryptocurrency ETFs and stablecoin ETFs [2][5] - The initiative is designed to enhance consumer choice and prepare the state for evolving financial infrastructures [3][4] Investment Options - Under HB 1042, all public retirement programs must offer at least one cryptocurrency ETF option [4] - Specific pension funds, including those for law enforcement and public employees, will be authorized to invest directly in crypto ETFs [5] Regulatory Framework - The bill establishes a digital-assets framework that limits local governments' ability to regulate crypto-related activities [6] - Provisions prevent municipalities from imposing unreasonable restrictions on digital asset payments, custody, or mining compared to traditional financial activities [7] - It also prohibits special fees or taxes on digital-asset transactions that are not applied to similar non-crypto transactions [7] - The bill bans restrictions on digital-asset mining in industrial zones and allows private home mining under conditions permitted for other legal residential activities [8]

U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is scheduled for Dec. 11. https://t.co/yVZXhJDAls ...

i think theres a couple more factors outside of that tbhBinance Week in Dubaiand Solana Breakpoint in Abu Dhabi lined up basically the same dates.Would it make more sense for a crypto company to go to what is largely an art event, with a variety of people there for art, drinking, parties, etcor go to a place where crypto is the focus in a region outside the west where the company has largely already marketed to?But regardless, 1 day at basel for the Rekt invitational was more than enough for me.Clemente (@C ...

Core Insights - The CFTC has approved spot crypto trading on regulated exchanges in the U.S., marking a significant regulatory milestone for the industry [2][4] - Bitnomial is set to be the first exchange to operate under the newly approved framework, allowing for the listing of spot Bitcoin and Ethereum markets [2][3] - This approval is expected to facilitate institutional adoption of cryptocurrencies, which has been anticipated for years [4] Regulatory Developments - The CFTC's authorization represents the first federally regulated spot market for cryptocurrencies in the U.S. [3] - Previously, spot crypto trading existed in a regulatory gray area, lacking explicit approval [2] Market Impact - Retail investors at major brokerages like Schwab and Vanguard can now easily purchase crypto ETFs, enhancing market accessibility [5] - The approval comes during a week of significant developments, including Vanguard and Charles Schwab launching spot crypto ETF trading [3] Institutional Interest - Larry Fink, CEO of BlackRock, indicated that sovereign wealth funds are accumulating Bitcoin, particularly during price dips [5][7] - The establishment of a regulated trading venue is expected to attract institutional investors, who have been waiting for a clear regulatory framework [6][4] Market Performance - Major cryptocurrencies experienced a decline of 2-4%, with Bitcoin trading at approximately $91,300 [5][7] - Recent research suggests that significant Bitcoin ETF outflows were primarily due to leveraged basis-trade unwinds rather than panic selling [7]

Kelsey clarified that “we are not encouraging individuals to invest in risky assets,” adding that the onboarding process included warnings about the downsides of investing in other cryptocurrencies.“If this is being funded in crypto there are some strings attached,” Allen told Bloomberg. “Stablecoins are less volatile than Bitcoin, but I would say that giving money in this way is very much designed to make it easier to take that money to bet on Bitcoin, because it's going to be sitting as crypto in a crypto ...

Blockchain Privacy & Technology - Zama utilizes Fully Homomorphic Encryption (FHE) to enable on-chain confidentiality while maintaining scalability and composability [1] - FHE adds an encryption layer to blockchains like Ethereum and Solana, facilitating private stablecoins, trading, payments, and DeFi [1] - The solution doesn't require changes to user experience (UX) or the use of bridges [1] - Zama highlights major performance breakthroughs in FHE [1] Applications & Use Cases - FHE enables compliance-friendly private computation [1] - Encrypted auctions and confidential AI are potential applications [1] Project Status - Zama is preparing for its mainnet launch [1]