Corporate Bitcoin holdings have been treated as a straightforward signal for years: a company buys BTC, investors read it as conviction, and the stock trades with a built-in Bitcoin premium.
While this might sound like a very clear and simple trade, the balance sheets behind it are anything but.
A new CoinTab dataset shows that most publicly tracked Bitcoin-holding companies aren’t just sitting...
On Dec. 2, Citadel Securities filed a 13-page letter with the SEC arguing that decentralized protocols facilitating tokenized US equity trading already meet statutory definitions of exchanges and broker-dealers, and regulators should treat them accordingly.
Two days later, the SEC’s Investor Advisory Committee convened a panel on tokenized equities that made clear the question is no longer...
The SEC’s Crypto Task Force scheduled a four-hour roundtable on financial surveillance and privacy for Dec. 15, bringing together zero-knowledge proof developers, civil liberties advocates, and protocol executives to debate whether blockchain privacy tools can coexist with anti-money laundering enforcement.
The timing is deliberate. Two months ago, the co-founders of Samourai Wallet received five...
Base launched a bridge to Solana on Dec. 4, and within hours, Solana’s most vocal builders accused Jesse Pollak of running a vampire attack disguised as interoperability.
The bridge uses Chainlink CCIP and Coinbase infrastructure to let users move assets between Base and Solana, with early integrations in Zora, Aerodrome, Virtuals, Flaunch, and Relay. These are all applications built on Base....
The “infinite money glitch” of the corporate Bitcoin treasury has stalled.
For much of this market cycle, the trade was simple: stock in companies holding Bitcoin traded at a massive premium to the underlying Net Asset Value (NAV).
This allowed firms to issue expensive equity to buy cheaper coins, thereby accretively increasing Bitcoin per share. It was a flywheel of financial engineering that...
In Malaysia’s illegal Bitcoin (BTC) mining hotspots, the hunt begins in the sky.
Drones buzz over rows of shops and abandoned houses, sweeping for pockets of unexpected heat, which is the thermal signature of machines that shouldn’t be running.
On the ground, police carry handheld sensors that sniff out irregular power use. Sometimes the pursuit is more low-tech: residents call in with complaints...
XRP is showing one of the clearest splits in crypto this quarter between what people say and what they do with their money.
Social data tracking bullish and bearish commentary indicates that the mood around the asset has entered a new Fear zone, even as the XRP Ledger (XRPL) logs its most active stretch of 2025 and regulated products continue to attract inflows.
The split recalls late November,...
On Dec. 4, the United States Commodity Futures Trading Commission (CFTC) approved leveraged spot crypto trading on federally regulated exchanges.
For the first time in American history, spot Bitcoin and other crypto assets can trade with margin inside the CFTC framework that already governs futures and options, backed by central clearing and long-tested risk management.
Acting Chairman Caroline...
U.S. spot Bitcoin ETFs gave back nearly all of their 2025 gains after hitting a cycle high in early October, with total net assets sliding to $120.68 billion as of Dec. 4, down $48.86 billion from the Oct. 6 peak.
The drawdown leaves the category essentially flat year-over-year, sitting just $30 million below the $120.71 billion recorded on Dec. 16, 2024, emphasizing a “wipeout” year in which big...
In an industry that thrives on noise and chaos, Cardano is betting its future on a “quiet” hard fork and improved coordination among its leading internal stakeholders.
The blockchain network is preparing to execute a technical upgrade engineered to be virtually invisible to the market.
Known as Protocol Version 11, the “no new era” hard fork is a deliberate departure from the spectacle-driven...