🇭🇰 HashKey IPO Marks Major Milestone for Hong Kong Crypto
HashKey, one of Hong Kong’s licensed crypto exchanges, has raised around $206 million through its initial public offering, according to sources. The IPO reflects growing investor confidence in regulated crypto platforms in Asia.
Key details:
Backed by major institutions including UBS and Fidelity, strengthening its credibility.
The listing supports Hong Kong’s push to become a global crypto hub with clear regulations.
Funds are expected to be used for platform expansion, compliance, and new products.
BlackRock-linked institutional clients added about $52 million in Bitcoin and $23 million in Ethereum this week, despite ongoing market volatility. The buying points to continued institutional confidence, with most assets held via regulated platforms like Coinbase Prime. Bitcoin attracted the larger share of inflows, showing preference for highly liquid, established crypto assets. #BlackRock #Bitcoin #Ethereum #InstitutionalInvestors #CryptoAdoption #DigitalAssets #InstitutionalFlow $BTC $ETH $XRP
Analysts warn that Strategy Inc. (formerly MicroStrategy) could be removed from the Nasdaq 100 during the annual reshuffle due to its business pivot toward mainly holding Bitcoin rather than traditional software operations.
Key points:
Its stock volatility and heavy Bitcoin exposure raise doubts about index eligibility.
Passive index funds could be forced to sell shares if removed, impacting both the stock and Bitcoin sentiment.
🏛️ U.S. Senate Continues Debate on Crypto Regulation
The U.S. Senate is still working on a major crypto regulation bill, but Democrats and Republicans remain divided on how digital assets should be governed. Disagreements involve investor protections, the authority of regulators like the SEC and CFTC, and how DeFi should be handled. These differences are slowing progress and drawing criticism from advocacy groups who say the proposals don’t adequately protect consumers. #CryptoRegulation #USSenate #DigitalAssets #CryptoBill #RegulatoryDebate #CryptoFramework $BTC $ETH $XRP
The Office of the Comptroller of the Currency (OCC) announced that U.S. banks are permitted to act as intermediaries in crypto transactions — using a “riskless-principal” framework that allows them to broker deals without holding crypto on their balance sheets.
According to a top exec at Bitwise, crypto might grow 10–20× over next decade, thanks to rising adoption of tokenization, stablecoins, and mainstream interest.
🔥 Altcoin Rally — Several Tokens See Strong Double-Digit Gains
The crypto market is witnessing a selective altcoin surge, with multiple tokens showing double-digit increases as investors look beyond Bitcoin and Ethereum.
SUI jumped around 21%, while Lisk (LSK) surged nearly 71% in recent trading.
Major altcoins like Solana (SOL), Cardano (ADA), and Chainlink (LINK) are also showing strong upward momentum.
The rally is fueled by improved market sentiment as Bitcoin stabilizes above $91,000, prompting traders to rotate into higher-risk, higher-reward altcoins.
New presale / smaller-project spotlight: DeepSnitch AI gains attention as market cools
DeepSnitch AI, a presale-stage crypto project, reportedly raised $690 K and deployed three AI agents — drawing fresh investor interest as larger crypto markets slump.
This shows a broader trend: some investors are rotating toward smaller projects / altcoins as potential “undervalued” plays, seeking high-risk/high-reward opportunities. #DeepSnitchAI #CryptoPresale #NewCryptoProject #AIProject #PresaleCrypto #AltcoinSeason #MarketCooling #CryptoTrends #EarlyInvestors $BTC $ETH $XRP
🔮 JPMorgan Sees Bitcoin Hitting $170,000 Within 6–12 Months
JPMorgan analysts say Bitcoin could climb to $170,000 in the next 6–12 months, based on a model that compares Bitcoin to gold. They argue that if BTC matched gold’s risk-adjusted value in private investment portfolios, its market cap would need to rise significantly — putting the price near $170K.
The bank also believes the recent decline in Bitcoin was a normal market reset, where excessive speculation cooled down and traders reduced risky positions. According to their analysis, this cleanup phase may now be largely over.
BlackRock’s iShares Bitcoin Trust (IBIT) continues to play a major role in Bitcoin’s recovery. The ETF has grown to nearly $70B in assets, making it one of the fastest-growing ETFs ever. Large inflows into IBIT increase real Bitcoin demand, which has helped BTC bounce back from the mid-$80K range to above $93K.
✨ WLF to Launch Real-World Asset Products in January 2026
World Liberty Financial (WLF) will begin offering real-world asset (RWA) products in January 2026, according to co-founder Zach Witkoff. WLF already has its USD1 stablecoin, which has been used in major investments. The new RWA products aim to link traditional assets with blockchain, giving users access to tokenized, real-asset-backed financial instruments — a step toward broader mainstream adoption of crypto. #WLF #RealWorldAssets #Blockchain #Tokenization #Stablecoin #USD1 $BTC $ETH $XRP
📰 Vanguard Now Allows Trading of Crypto ETFs & Funds
Vanguard has reversed its ban and now allows its 50 million U.S. brokerage clients to trade crypto-focused ETFs and mutual funds. Starting December 2, 2025, investors can access regulated funds tied to major assets like Bitcoin, Ethereum, XRP, and Solana.
Vanguard won’t launch its own crypto products but will list approved third-party funds. High-risk meme-coin funds remain excluded. The company says growing investor demand and a more mature crypto market infrastructure drove the policy change. #Vanguard #BitcoinETF #EthereumETF #XRP #Solana #Investing #USBrokerage $BTC $ETH $XRP
📈 Bitwise Asset Management: “Bitcoin Pricing Too Bearish — Big Upside Risk Ahead”
According to André Dragosch, Bitcoin is currently priced as if a severe global recession is unavoidable.
Dragosch notes that this gloomy pricing reflects “the most bearish global growth outlook since the 2022 tightening cycle and the 2020 COVID-19 crash.”
Despite low market sentiment (the “Fear & Greed Index” remains gloomy), macroeconomic data suggests growth may actually recover soon — creating what he calls an “asymmetric risk-reward” scenario.
📈 Coinbase Premium Turns Positive — Signs of U.S. Buying Returning
Bitcoin’s Coinbase Premium Index has flipped back to positive for the first time in weeks, meaning BTC is now trading slightly higher on Coinbase than on global exchanges. This usually signals renewed U.S. demand, often from institutional buyers.
Amundi has launched a tokenized share class of its euro money-market fund on the Ethereum blockchain, marking a major TradFi-to-crypto step. The project, done with CACEIS, lets investors subscribe or redeem fund units 24/7 through digital wallets, while still keeping the option to use traditional channels. The move strengthens the trend of real-world asset (RWA) tokenization, which has been rapidly growing across major blockchains. #Amundi #Tokenization #Ethereum #Blockchain #RealWorldAssets #MoneyMarketFund #DigitalAssets $ETH $BTC $XRP
🔄 WLFI Executes $10 M Token Buyback to Support Price
World Liberty Financial spent about $10 million to buy back 59 million WLFI tokens in a short timeframe.
The move is part of a broader strategy: WLFI aims to use its protocol-owned liquidity fees to repurchase and burn tokens — reducing the supply and boosting value for holders.