Dec 13 Saturday
The Pi Network hackathon competition concluded with winners selected from numerous submissions. The event showcased developer activity on the platform's mainnet.
Bitdeer's pure Bitcoin holdings, excluding client deposits, increased to 1,994.1 BTC as of December 12. The company sold 134.8 BTC this week, resulting in a net increase of 1.5 BTC from mining production.
OKX identified coordinated groups using OM as collateral to borrow USDT and artificially inflate prices. After the manipulators refused to cooperate, OKX took control of the accounts, and the subsequent price crash resulted in minimal OM liquidations covered by the exchange's security fund.
BlackRock's IBIT led with a $51.1 million inflow, while Fidelity's FBTC saw a $2 million outflow. For Ethereum ETFs, BlackRock's ETHA had a $23.2 million inflow, but outflows from Fidelity's FETH and Grayscale's products resulted in a net negative.
Data from Coinglass shows Binance experienced significant capital inflow during the specified period. The exchange's USDT holdings increased substantially as traders moved funds onto the platform.
The publishing company has prohibited fur-related editorial content and advertising in its magazines. This decision represents a notable change in the fashion media industry's approach to animal products.
The transfer occurred at 12:33 according to Arkham data, with the tokens originating from an anonymous address beginning with 0x4817. The transaction was reported by ChainCatcher, providing market transparency about significant token movements.
Glassnode analysis reveals public companies hold approximately 1.07 million Bitcoin, government agencies hold 620,000, US spot ETFs hold 1.31 million, and exchanges hold 2.94 million. This concentration of 5.94 million Bitcoin highlights the growing trend of liquidity moving toward institutional and custodial entities.
Data from Coinglass indicates that if Bitcoin falls below $85,998, long position liquidations on major centralized exchanges could reach $1.2 billion. The analysis highlights significant potential market volatility based on these specific price thresholds.
OKX identified multiple accounts using large amounts of OM as collateral to borrow USDT and artificially inflate the token's price. The platform's risk control systems detected the activity in advance and took control of the accounts after they refused corrective actions, with subsequent price collapse mainly attributed to perpetual futures trading on other exchanges.
The new explorer enables public verification of AI agent identity, behavior, and on-chain execution history. This development aims to enhance trust and accountability in AI systems operating on blockchain networks.
The company has obtained full approval from the US Office of the Comptroller of the Currency to convert into a federally chartered national trust bank. This status requires meeting enhanced capital and compliance standards for institutional custody and liquidity services.
Delphi Digital analyst Jason expressed cautious optimism about Bitcoin's year-end performance, noting the cryptocurrency has broken out of a prolonged consolidation range. He suggested that maintaining support above the $90,000-$110,000 level could position Bitcoin for a potential rebound before year-end.
AVNT reached a weekly low with a 13.12% decline, while ALGO, SUPER, AT, and ALLO also hit daily lows with losses ranging from 5.18% to 8.1%. BICO and CELO touched weekly lows with drops of 6.9% and 11.52%, while DEGO rebounded with a 5.53% gain.
OKX identified coordinated accounts using OM tokens as collateral to borrow large amounts of USDT, artificially inflating OM's price. The exchange has submitted evidence to regulators and law enforcement, with multiple legal proceedings now underway.
The association plans to submit a proposal to the Bolivian president for tokenizing gold and other precious metals on Ethereum to enable traceability from mining to national reserves. The proposed model follows Bhutan's approach, which issued gold-backed tokens on Solana in December 2025.
According to RootData's token unlock data, approximately 38.44 million LISTA tokens will be released on December 20th at 00:00 Beijing time. The token unlock represents a significant liquidity event for the Lista DAO ecosystem.
The Office of the Comptroller of the Currency granted conditional approval to Circle, Ripple, Fidelity Digital Assets, BitGo, and Paxos to become federally chartered trust banks. This move follows Anchorage Digital's path as the first company to obtain such a federal banking trust charter.
Aevo co-founder Ken Chan expressed industry burnout in an article, prompting Castle Island Ventures' Nic Carter to respond with a defense of crypto's value. The discussion highlights crypto's practical applications in high-inflation countries and its growing institutional adoption despite ongoing challenges.
The SUI cryptocurrency has experienced a price recovery following significant accumulation activity totaling approximately $17 million. Market analysts are closely monitoring the $2.20 price level as a potential breakout point that could determine the asset's near-term trajectory.
An institutional wallet believed to be Polychain Capital accumulated 4.1 million PENDLE tokens at an average price of $2.98 between March and September. The tokens were transferred to FalconX eight hours ago when PENDLE's price had dropped to $2.19, resulting in a potential loss of $3.25 million.
Whales on the Hyperliquid platform currently hold $2.6 billion in long positions and $2.81 billion in short positions, with long positions showing $189 million in unrealized losses while short positions have $282 million in unrealized gains. One specific whale address 0xb317..ae has a 5x leveraged long position on ETH at $3,173.34, currently showing $15.42 million in unrealized losses.
A Vanguard Group executive described Bitcoin as resembling a collectible toy rather than a traditional investment asset. However, the executive noted that the cryptocurrency could serve practical purposes during periods of high inflation or economic instability.
The RAVE/USD1 spot trading pair officially launched on Aster on December 12, featuring the platform's highest-ever 1.5x trading point bonus. WLFI will provide point rewards for RAVE/USD1 traders, marking an industry first and symbolizing recognition of RaveDAO's ecosystem potential.
According to Lookonchain monitoring, the whale address 0x2ee6 made this purchase approximately 8 hours ago. The current value of the tokens has reached $950,000, resulting in unrealized profits exceeding $474,000 with nearly 100% return.
The Federal Reserve's plan to purchase $40 billion in Treasury securities starting December 12, which Coinbase describes as 'stealth quantitative easing,' represents a shift from balance sheet reduction to net liquidity injection. Combined with market expectations for two additional rate cuts by mid-2026, this suggests a more accommodative monetary policy environment than previously anticipated.
Itaú's research report suggests Bitcoin as a diversification tool to mitigate portfolio risk. The recommendation specifically addresses hedging against currency fluctuations in investment strategies.
The Armenian government is considering extending the current cryptocurrency cash transaction license period. This regulatory framework allows licensed entities to conduct cryptocurrency exchanges involving physical cash.
On-chain analyst Yu Jin monitored the liquidation of Machi's Ethereum long position during overnight market declines. The position has incurred losses totaling $20.62 million in principal since the significant market drop on October 11.
The recommendation was reported by Bitcoin Magazine, indicating Itaú's formal guidance to investors regarding cryptocurrency exposure. This marks a significant institutional acknowledgment of Bitcoin as a potential portfolio component.
Greg Cipolaro noted that initial benefits from tokenized assets come mainly from trading fees, with networks like Ethereum seeing modest early returns. He explained that as accessibility and interoperability improve, these assets could integrate into DeFi ecosystems as collateral or trading instruments, though this requires further technological and regulatory development.
Data from Coinglass shows that 109,089 traders experienced liquidations during this period, with the largest single liquidation occurring on Hyperliquid for an ETH-USD position worth $5.68 million. Bitcoin long positions accounted for $66.78 million in liquidations while Ethereum long positions saw $107 million liquidated.
Major U.S. stock indices closed lower on Friday, with the S&P 500 falling 1.07% and the Nasdaq Composite dropping 1.69%. Multiple cryptocurrency-related stocks experienced significant declines, including Gemini dropping 11.81% and BTCS falling 9.01%.
The stablecoin issuer has proposed purchasing Exor's controlling stake in Juventus FC along with all remaining shares. Exor, the current majority shareholder, has reportedly rejected Tether's acquisition offer.
The cryptocurrency Fear and Greed Index has declined from 29 to 23, indicating a return to extreme fear levels among market participants. The index is calculated using multiple factors including volatility, trading volume, social media sentiment, and Bitcoin's market dominance.
Coinbase is preparing to launch an internal prediction market product supported by prediction platform Kalshi, with the partnership expected to be announced as early as next week. The cryptocurrency exchange will also reportedly announce tokenized stock products during its system update event on December 17th.
Oracle has officially stated that its data center construction plans tied to the OpenAI collaboration will proceed as scheduled. The company emphasized its commitment to supporting AI infrastructure development without disruptions to the timeline.
Technical analysis indicates Ethereum may be positioned for significant price movement. The assessment is based on correlation patterns observed in market data.
The publication is available for viewing at magazine.shib.io/the-new-gol. This marks the latest digital release from the Shiba Magazine platform.
The crypto project is offering 200% APY for 6-month staking and 300% APY for 12-month staking during this promotional period. Auto-staking for participants will commence on December 18 following the promotional window.
The Layer 1 blockchain project has burned the 2% of tokens originally allocated to core contributors. According to the tokenomics, 38.98% of tokens will unlock at network launch on January 13, including immediately tradable airdrop portions.
The cryptocurrency exchange announced the addition of Lighter to its asset listing roadmap on December 13. The token operates on the Ethereum network with the ERC-20 contract address 0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2.
A large investor initially opened a $230 million long position and has now increased holdings to $666 million despite current unrealized losses of $17.1 million. The whale's positions include 175,000 ETH, 1,000 BTC, and 250,000 SOL, all currently showing losses with entry prices of $3,173, $91,506, and $137.5 respectively.
The conditional approval represents preliminary recognition that the companies meet basic regulatory requirements but must satisfy specific conditions before receiving final charters. Once fully approved, these entities can manage client assets, process payments, custody digital assets, and access Federal Reserve accounts to bridge crypto and traditional finance.
Data from Coinglass indicates that if Bitcoin surpasses $94,738, short position liquidations on major centralized exchanges could reach $2.206 billion. Conversely, a drop below $85,998 could trigger long position liquidations totaling $1.155 billion.
The transaction requires acceptance by Exor, final documentation signing, and necessary regulatory approvals. Tether plans to launch a public tender offer for remaining shares at the same price per share after completion, with all funding from its own capital and a commitment to long-term support for the club.
Pakistan's cryptocurrency regulator announced the country will utilize its 20 GW energy surplus for Bitcoin mining and artificial intelligence operations. The regulator also predicted that emerging markets will lead the next wave of cryptocurrency adoption.
The proposed national trust bank under Ripple Labs Inc. will focus on trust and custody services to support Ripple's digital asset business. Its operations will specifically include the issuance, management, and custody of Ripple's U.S. dollar stablecoin RLUSD.
Data from Coinglass shows Bitcoin's current 8-hour average funding rate across all networks is 0.0019%. Among major exchanges, Binance reports 0.0001%, OKX shows -0.0045%, and Bybit records -0.0004%.
The 'Bridge, Boost, and Earn' initiative by Hyperion aims to increase stablecoin usage on the Aptos blockchain. Participants can engage in bridging assets, boosting activities, and earning rewards through the campaign.
The competition requires participants to trade at least $500 worth of GNC tokens to be eligible for rewards. Winners will share from the $10,000 prize pool based on their trading performance during the two-week event.
The cryptocurrency exchange has included Lighter (LIGHTER) in its listing roadmap, indicating it may be available for trading in the future. This addition follows the platform's established process for evaluating digital assets before making them accessible to users.
The XCN token experienced a significant price increase of 39% in recent trading. Market analysts are now observing whether Onyxcoin can maintain its position above the $0.0055 threshold.
The company has launched BitGo Bank & Trust, National Association as its new banking operation. Additional information about this development can be found through an official business wire announcement.
The partnership requires participants to engage on social media and join Discord for tournament entry. Winners will receive portions of the cryptocurrency prize pool.
Data from Coinglass shows Binance experienced significant capital movement with $319 million in USDT flowing into the exchange. The net inflow figure represents the difference between deposits and withdrawals over the specified time period.
The tokens were initially moved to an anonymous address starting with 0x7C87 before being transferred to another anonymous address beginning with 0x68fA. The transaction was tracked by Arkham data at 06:21, showing the funds ultimately flowing into Coinbase.
Citadel Securities requested the SEC to regulate DeFi participants similarly to traditional financial entities. DeFi organizations responded by opposing this regulatory approach in their communications with the commission.
Solana's total value locked has decreased by $10 billion amid cooling memecoin trading activity. The situation may be further complicated by traders' reduced appetite for long leverage positions on the network.
A senior analyst at Vanguard made the comparison after the investment firm updated its policy to permit clients to trade cryptocurrency exchange-traded funds. The asset management company now allows trading of crypto ETFs despite the analyst's skeptical remarks about Bitcoin's value.
Today's cryptocurrency coverage includes analysis of Bitcoin price movements and developments across blockchain technology. The report also examines DeFi, NFTs, Web3 innovations and regulatory changes affecting the digital asset space.
The stablecoin issuer has made an official proposal to purchase the Italian Serie A football club. This marks a significant potential expansion beyond cryptocurrency into professional sports ownership.
The new version can be installed via npm package manager, with detailed documentation provided for implementation. Users are advised to complete the update promptly to prevent potential service interruptions.
The approval allows Bitnomial's clearinghouse to support prediction markets tied to cryptocurrency and economic events. This expansion adds regulated products to the company's existing clearing offerings.
The Bitcoin mining hash price, a key indicator of industry profitability, remains near historical lows. This economic pressure is driving mining operations to adopt renewable energy sources to reduce operational costs.
The company has attracted significant institutional investment following its legal resolution with the Securities and Exchange Commission. Some investors are specifically placing bets on XRP's future performance as part of these financial arrangements.
The stablecoin issuer has submitted a bid to acquire the Italian Serie A football club. If successful, the company intends to invest approximately $1 billion into the club's operations and development.
The company has delayed the launch to incorporate additional vaults into its Agent strategy framework. An official announcement regarding the updated timeline is expected to be released soon.
The project achieved first place at the BNB Chain Demo Night event hosted by Binance in Abu Dhabi. This victory represents a significant milestone for the SquidGrow ecosystem.
The company will focus its investments on staking, validation services, and token acquisition across the selected blockchain networks. This public offering marks a significant step in TenX Protocols' expansion strategy within the cryptocurrency infrastructure sector.
The Securities and Exchange Commission has authorized a tokenization pilot through the Depository Trust Company, marking a significant regulatory step for digital assets. Securitize announced the approval, which demonstrates regulatory support for advancing tokenization technology in financial markets.
Creators have until mid-January to apply for launching new NFT collections on the Cosmos Hub. All NFT mints will exclusively use ATOM tokens as the payment method.
The protocol's BTC+ vault now contains 1000 yield-bearing Bitcoin tokens. This milestone has activated a $300,000 reward distribution to depositors through a BNB DeFi Festival event.
The platform aims to unlock venue financing and streamline payout processes through blockchain technology. This approach addresses industry challenges by providing transparent and efficient settlement solutions for live events.
Despite a recent 30% price correction, Bitcoin traders maintained profitability for 229 days this year. Market observers are now questioning whether this positive trend will continue into 2026.