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X @Decrypt
Decrypt· 2025-12-04 16:55
Malaysia Cracks Down on Bitcoin Miners Behind $1.1B Electricity Theft► https://t.co/a3NkeCg8D1 https://t.co/a3NkeCg8D1 ...
Bitcoin Treasury Twenty One Set to Begin Trading on NYSE With $4 Billion BTC Stash
Yahoo Finance· 2025-12-04 16:01
Core Insights - Twenty One Capital, Inc. has received shareholder approval for its merger with Cantor Equity Partners (CEP) [1] - The transaction is expected to close around December 8, pending regulatory conditions [2] - The merged entity will operate under the Twenty One Capital name and is set to begin trading on the NYSE on December 9 with the ticker symbol XXI [3] Company Overview - Twenty One Capital is positioned as the first Bitcoin-native company expected to be publicly listed [3] - The company will hold approximately 43,500 BTC, valued at around $4 billion, making it potentially the third-largest corporate Bitcoin holder [4] - The venture involves collaboration with Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, with the name referencing Bitcoin's total supply of 21 million coins [5] Market Reaction - Cantor Equity Partners stock surged by about 22% to $14.50 following the merger announcement, although it remains down approximately 66% over the last six months [6] - Bitcoin's price has increased by about 2.5% this week, trading above $93,000 after a recent decline [6] - Traders on the Myriad platform predict a 76% chance that Bitcoin will reach $100,000 before dropping to $69,000 [7]
U.S. CFTC-Driven Spot Crypto Trading Going Live With Bitnomial, Opening Up New Arena
Yahoo Finance· 2025-12-04 15:47
The U.S. Commodity Futures Trading Commission is ushering in a new form of federally regulated crypto trading, having encouraged its regulated platforms to open up leveraged spot digital assets products, which is set to begin next week with Bitnomial. The Bitnomial exchange is regulated by the U.S. derivatives watchdog as a designated contract market (DCM), meaning this new activity will be launching in a fully regulated space, following strong encouragement from the federal agency — including direct meet ...
Here’s Why Investors Might Want to Wait Until 2026 To Make Any Big Crypto Moves, According to an Expert
Yahoo Finance· 2025-12-04 15:27
Core Insights - The cryptocurrency market is characterized by unpredictability, with significant fluctuations in value from year to year [1] - Economic instability, including rising inflation and fluctuating interest rates, is impacting investment decisions, particularly in volatile assets like cryptocurrency [3][4] - The anticipated regulatory changes in the cryptocurrency space may provide greater clarity and reduce compliance risks for investors [5][6] - Institutional adoption of cryptocurrency is increasing, which could enhance market stability and create safer investment opportunities [7][8] Group 1: Economic Factors - Current economic instability is marked by rising inflation and discussions of a potential recession, affecting investment strategies [3] - Waiting until 2026 for major cryptocurrency investments may allow investors to better assess the impact of interest rate adjustments on their financial situations [4] Group 2: Regulatory Environment - The lack of regulation has historically posed risks for cryptocurrency investors, but upcoming regulatory changes are expected to provide clearer guidelines [5] - Improved regulatory frameworks may help investors avoid compliance issues and enhance market confidence [6] Group 3: Institutional Involvement - The entry of larger financial institutions into the cryptocurrency market is seen as a positive development that could bring stability and new investment opportunities [7] - Increased institutional participation may lead to better custodial options and improved liquidity in the cryptocurrency market [8]
21shares Capitalizes on Demand for Simplified Blockchain Technology with Launch of 2x Sui ETF (TXXS), Magnifying Performance of Sui with Derivatives
Globenewswire· 2025-12-04 14:30
Core Viewpoint - 21Shares has launched the 21Shares 2x SUI ETF (TXXS) on Nasdaq, providing leveraged exposure to the Sui blockchain, marking the first such product in the US market [1][2]. Company Overview - 21Shares is one of the largest issuers of cryptocurrency exchange-traded products (ETPs) and aims to make cryptocurrency more accessible to investors, bridging traditional finance and decentralized finance [5]. - The company has a seven-year track record of creating crypto ETPs and is backed by a specialized research team and proprietary technology [5]. Product Details - The 21Shares 2x Long Sui ETF (TXXS) aims to deliver 200% of SUI's daily performance before fees and expenses, with a management fee of 1.89% [2][3]. - The ETF utilizes a leveraged structure to enhance performance potential through derivatives, catering to both institutional and retail investors [1][3]. Market Context - The launch of TXXS reflects growing demand for dynamic engagement with Sui, a next-generation blockchain designed to simplify crypto usage, which has seen significant adoption and activity [2][3]. - Sui has surpassed $10 billion in 30-day DEX volume and processed over $180 billion in stablecoin transfer volume for four consecutive months, indicating its rapid growth and market relevance [2]. Strategic Partnerships - 21Shares is a subsidiary of FalconX, leveraging its resources to accelerate growth while maintaining independent operations [6].
X @Bloomberg
Bloomberg· 2025-12-04 14:10
Crypto’s riskiest tokens are crashing on a scale that stands out even by the industry’s own volatile standards, abandoned by retail speculators saddled with humiliating losses and a growing sense the game is rigged. https://t.co/OVorMyorNU ...
IP Strategy Announces Transition to Custodied Long-Term Validator Staking; Anticipates Yield Increasing by Nearly 150%
Globenewswire· 2025-12-04 14:00
GIG HARBOR, Wash., Dec. 04, 2025 (GLOBE NEWSWIRE) -- IP Strategy (Nasdaq: IPST) (the “Company”), the first Nasdaq-listed digital asset treasury (DAT) centered on the $IP token, today announced a major advancement in its validator operations to significantly expand is on-chain revenue engine: the initiation of long-term self-staking under custodial accounts at Crypto.com. The transition to long-term staking on the Company’s validator is expected to increase overall yields to approximately 11.72%, more than d ...
Crypto Reels From a $200 Billion Crash as Casino Crowd Moves On
Yahoo Finance· 2025-12-04 13:48
Photographer: Lam Yik/Bloomberg Crypto’s riskiest tokens are crashing on a scale that stands out even by the industry’s own volatile standards, abandoned by retail speculators saddled with humiliating losses and a growing sense the game is rigged. Cryptocurrencies beyond Bitcoin have been hit hardest in the market downturn that kicked off early October. A MarketVector index tracking 50 mid- and micro-cap tokens has fallen nearly 70% this year, hitting its weakest level since early 2020. Altcoins have now ...
Solmate (Nasdaq: SLMT) Announces Term Sheet to Acquire RockawayX, Creating Institutional Crypto Giant with Over $2 Billion in Combined AUM and Third-party Stake
Businesswire· 2025-12-04 13:45
Core Insights - Solmate Infrastructure has signed a non-binding term sheet for a business combination with RockawayX, indicating a strategic shift towards becoming an integrated infrastructure, liquidity, and asset management business [1] Transaction Highlights - The transaction involves Solmate purchasing all of the equity of RockawayX, marking a significant transformation from a passive digital asset treasury [1]
Morning Minute: BlackRock Goes Risk-On for 2026
Yahoo Finance· 2025-12-04 13:20
Group 1 - BlackRock's 2026 Global Outlook emphasizes a risk-on approach, favoring equities over long-term Treasuries, driven by "mega forces" such as AI and digital finance [2][4] - The firm identifies AI as a central theme reshaping growth, margins, and capital allocation, indicating a significant shift in the investment landscape [4][5] - Stablecoins are recognized as a structural force in the future of finance, influencing how households and businesses manage cash and transactions [4] Group 2 - BlackRock suggests that broad indexes may not be the best investment strategy, advocating for a selective approach to equities that align with the identified mega forces [4] - The report highlights that elevated deficits and ongoing investment cycles diminish the safety traditionally associated with long-duration Treasuries [4] - Active and thematic investing is recommended over traditional diversification, focusing on sectors that are poised to benefit from structural transformations [4]