Crypto Breaking

AI-Driven Digital Asset Analysis Platform Secures $15 Million Funding Round

Surf, an innovative AI platform specializing in digital asset analysis, has successfully raised $15 million in a funding round led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group. The investment aims to accelerate the development of Surf 2.0, which will feature advanced modeling capabilities, expanded proprietary data sets, and enhanced multi-step analytical agents. The platform is designed to streamline research processes within the cryptocurrency industry by offering onchain activity, market sentiment, and social data analysis through sophisticated multi-agent architectures.

Since its launch in July, Surf has achieved rapid adoption, generating over one million research reports and attracting significant recurring revenue. Its clientele includes major exchanges and prominent research firms, underscoring the platform’s growing influence within the digital asset ecosystem. The platform’s core technology involves evaluating onchain data, social sentiment, and token activity, delivering insights via a conversational interface that reduces manual effort for traders and analysts alike.

Surf’s multi-agent architecture enables the platform to handle complex, multi-step analytical tasks efficiently. This approach allows it to assess various data streams simultaneously and produce actionable insights, simplifying the decision-making process for market participants. With the new funding, Surf plans to enhance its models and data integration, further positioning itself as a vital tool amid the increasing convergence between artificial intelligence and blockchain technology.

The broader landscape shows a rising trend of integrating AI with blockchain innovations. In April, decentralized AI startup Nous Research closed a $50 million Series A round led by Paradigm, leveraging the Solana blockchain to develop open-source AI models and incentivize global contributions. Similarly, in May, Catena Labs, founded by Circle co-founder Sean Neville, announced an $18 million funding round to build a bank centered on AI infrastructure, allowing both AI agents and human operators to manage daily financial operations. Additionally, Coinbase introduced “Based Agent,” a tool allowing users to build AI agents capable of executing onchain transactions within minutes.

As AI and crypto integration deepens, innovative initiatives like the decentralized exchange Aster are conducting competitions such as the “human vs AI” trading showdown. Currently underway, the contest has demonstrated strong human performance, with human traders outperforming AI agents in recent metrics. As these developments unfold, the role of human traders continues to evolve in tandem with advances in AI technology within the digital asset space.

This article was originally published as Surf Secures $15M to Develop Crypto-Focused AI Platform Backed by Pantera on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

US Federal Reserve Rate Cut Highlights Market Uncertainty and Impact on Bitcoin

The US Federal Reserve has approved a 25-basis-point interest rate reduction, marking its third cut this year amidst ongoing economic concerns. Although Bitcoin briefly surged past $94,000 following this move, market reactions underscore divisions within the Fed over future monetary policy and economic outlooks. The hawkish tone associated with the rate cut suggests that Bitcoin’s short-term price action may remain subdued, with potential sell-offs if bullish momentum fails to materialize.

Official sources indicate the Fed’s 9-3 voting split reflects persistent worries about inflation resilience and economic growth, hinting at slower future rate adjustments. Meanwhile, data from Glassnode reveals Bitcoin remains trapped within a fragile price corridor below $100,000, constrained between the short-term cost basis at around $102,700 and the “True Market Mean” at approximately $81,300. The cryptocurrency’s on-chain conditions are weakening, with thinning futures markets and continued sell pressure keeping Bitcoin subdued despite minor upticks.

Key Takeaways

Bitcoin’s price remains constrained below $100,000 amid increasing unrealized losses.

Realized losses have surged to a daily average of $555 million, reaching levels last seen during the FTX collapse in 2022.

Profits realized by long-term holders have peaked, with over $1 billion per day in gains, signaling heavy distribution and capitulation among top buyers.

The recent rate cuts are unlikely to catalyze a significant bullish breakout in Bitcoin’s price in the near term.

Time is Running Out for Bitcoin to Reclaim $100,000

According to Glassnode, Bitcoin’s inability to surpass the $100,000 threshold signals mounting structural tension. Prolonged trading within this fragile range has led to the accumulation of unrealized losses, increasing the likelihood of forced liquidations. The relative unrealized loss (30-day simple moving average) has risen to 4.4%, a notable increase from below 2% over the past two years, indicating a heightened stress environment for bulls.

Despite a bounce from recent lows to approximately $92,700, the entity-adjusted realized loss continues to climb, reaching $555 million per day—a signal comparable to levels seen during the FTX fallout. Simultaneously, long-term holders have realized over $1 billion daily in profits, a record high, which has helped keep Bitcoin below critical resistance levels between $95,000 and $102,000, further constraining its upward momentum.

Spot Rally and Divergence with Futures Market

Data from CryptoQuant reveals a divergence between Bitcoin’s spot market and futures activity. While Bitcoin’s price has rallied ahead of upcoming Federal Reserve meetings, open interest in futures markets has declined. This suggests the recent rally has been primarily driven by spot demand rather than leverage-based speculation, which historically offers more sustainable bullish momentum. However, with derivatives volumes remaining dominant, the market’s ability to sustain upward movements may be limited if rate expectations soften.

Overall, the landscape indicates cautious optimism, but without significant improvements in on-chain fundamentals or futures positioning, Bitcoin faces hurdles before a decisive move beyond the $100,000 mark.

This article was originally published as Fed Cuts Rates But Bitcoin Remains Below $100K — Insights from Glassnode on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin and Altcoin Market Analysis: Key Levels and Outlook

The cryptocurrency market remains volatile as Bitcoin approaches critical resistance levels. While some analysts see signs of a bottom, others warn of potential further declines. The upcoming Federal Reserve policy update is expected to influence market direction, with traders closely monitoring Fed Chair Jerome Powell’s press conference and the Fed dot plot.

Key Takeaways

Bitcoin needs to surpass $94,589 for a possible retest of $100,000, indicating strong buyer momentum.

Ethereum shows resilience, but many altcoins are struggling to sustain recent rebounds.

Major players like Michael Saylor continue to expand their Bitcoin holdings amid short-term uncertainty.

Technical charts highlight significant support and resistance levels for top cryptocurrencies.

Tickers mentioned: Bitcoin, Ethereum, XRP, Binance Coin, Solana, Dogecoin, Cardano, Bitcoin Cash, Chainlink, Hyperliquid

Sentiment: Cautiously bullish amid key resistance levels and macroeconomic uncertainty.

Price impact: Neutral, as market awaits Fed decision and technical cues to confirm trend direction.

Bitcoin Price Outlook

Bitcoin recently pulled back from $94,589 but remains above the critical support level of around $92,000. The asset closed above the 20-day exponential moving average of approximately $91,583, signaling potential strength. If Bitcoin can climb above the $94,589 resistance and close there, it could open the door to retesting the psychological $100,000 mark. Breaking higher could push BTC towards $107,000, signaling that the corrective phase might be concluding. Conversely, a drop below $87,719 would suggest continued selling pressure, with the possibility of a decline towards $83,822.

Ethereum’s Recovery

Ethereum has shown promising signs, recapturing the key $3,350 breakdown level. The 20-day EMA is trending upwards, and the relative strength index remains positive, indicating bullish momentum. A daily close above $3,350 could target $3,659 and potentially $3,918. Conversely, if the price falls below the 20-day EMA, it could dip to $2,716, signaling a shift back to bearish sentiment.

Top Altcoin Insights

XRP has been trading below the 20-day EMA but has not broken support, with potential upside to the 50-day SMA at $2.26 if bullish momentum resumes.

Binance Coin remains in a balance zone around $894, with a breakout above $1,020 needed to confirm a bullish move toward $1,182.

Solana’s price is attempting a rebound above $138; a close above the 20-day EMA could lead to challenge at $154 and higher levels.

Dogecoin’s support at $0.14 has held, but a break below could push it toward $0.10; a move above $0.15 could target $0.16 or higher.

Cardano’s recent break above the 20-day EMA indicates waning selling pressure, with potential to retest higher levels if momentum sustains.

Market Sentiment and Outlook

The overall sentiment remains cautiously optimistic, contingent on macroeconomic developments and technical confirmations. Investors are advised to watch key support levels and price action around resistance points to gauge future moves.

This article was originally published as Crypto Price Forecasts: Expert Predictions for Major Cryptocurrencies on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin Faces Pressure Ahead of Federal Reserve Interest-Rate Decision

Bitcoin experienced a decline on Wednesday, retreating from recent gains as traders anticipated potential market volatility surrounding the Federal Reserve’s upcoming interest-rate announcement. The cryptocurrency struggled to maintain its position above key price levels as market participants prepared for unpredictable movements in either direction.

Key Takeaways

Bitcoin failed to hold above $94,500 following a rally, amid heightened sensitivity to the Federal Reserve’s policy decision.

Market traders are bracing for volatile price action around the Federal Open Market Committee (FOMC) meeting.

Risk-off sentiment is expected to shift focus to Japan’s bond market, which is exhibiting unusual activity.

Stable liquidity levels on exchanges are absent, indicating potential for sharp moves as traders reposition.

Tickers mentioned:
Crypto → $BTC.

Sentiment: Neutral

Price impact: Negative. Bitcoin’s price correction reflects caution ahead of the rate decision.

Market context: The move aligns with broader market uncertainty as the Federal Reserve’s policy outlook remains ambiguous.

Market Fluctuations in Context

Data from Cointelegraph Markets Pro and TradingView indicate that Bitcoin’s price was trending downward at the start of the Wall Street session. After reaching a high of approximately $94,650 the previous day, Bitcoin failed to sustain levels above recent peaks—specifically, the 2025 yearly opening price. Currently trading around $92,000, traders await further clarity from the Federal Reserve’s upcoming decision on interest rates, with many predicting a 0.25% cut. However, the tone set during the press conference is expected to determine trading momentum.

“FOMC meetings can be pretty tricky,” said Michaël van de Poppe, a notable crypto analyst and trader. “The price action often traps traders before the actual move, so even if Bitcoin drops to $91K, it shouldn’t be overinterpreted.”

Analyst Daan Crypto Trades observed that post-move liquidity is sparse, with significant clusters of buy and sell orders missing around critical levels. The removal of liquidity between $93,000 and $94,000 has left markets more vulnerable to sharp swings, especially as price consolidates near $90,000 and $95,000 levels.

As previously reported, markets have already priced in a potential rate cut by the Federal Reserve, though focus remains on Jerome Powell’s commentary for cues. The market’s reaction to Powell’s tone could foster heightened volatility, with traders scrutinizing every nuance of his statements.

Focus Shifts to Japan’s Bond Market

Following the Fed’s decision, attention is expected to turn to Japan’s bond market, which is experiencing unusual activity. The country’s 10-year government bond yields have surged to multi-decade highs — 1.95%, the highest since 2007, with the 30-year yield reaching 3.39%, levels not seen since 2008. This sharp rise is prompting concerns over potential volatility in the yen carry trade, having previously impacted crypto markets in 2024.

The Bank of Japan’s upcoming policy meeting on December 19 is likely to be a pivotal event, especially as the central bank signals potential divergence from global easing trends. An interest rate hike in Japan could introduce new volatility and further influence global crypto dynamics.

This article was originally published as Bitcoin Price Surges amid Classic FOMC Trading Day Volatility on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

On-chain investigator ZachXBT has linked the movement of 3,670 Ether to British cybercrime suspect Danny Khan, also known online as Danish Zulfiqar, amid reports that the suspect has been detained in Dubai following a law enforcement raid.

Update: A superseding indictment from a few hours ago confirmed my analysis that Danny / Danish Zulfiqar (Khan) was arrested in Dubai.

Seizure address
0xb37d617716e46511E56FE07b885fBdD70119f768 pic.twitter.com/rvX5U38nBW

— ZachXBT (@zachxbt) December 9, 2025

3,670 ETH traced as Dubai raid and U.S. indictment emerge

According to ZachXBT’s Telegram update on Friday, approximately 3,670 ETH was transferred into an Ethereum wallet identified as 0xb37d6…9f768, where the funds were subsequently flagged. “Several hours ago multiple addresses tied to him I was tracking consolidated funds to 0xb37d in a similar pattern to other law enforcement seizures,” the investigator said.

ZachXBT reported that Khan was last seen in Dubai, where authorities allegedly raided a villa and detained several individuals present at the scene. Sources cited by the investigator claim that those connected to the incident have been unresponsive to communications for several days.

A superseding U.S. indictment issued hours later reportedly confirmed that Danny Khan, also known as Danish Zulfiqar, was arrested in Dubai, though officials have yet to publicly verify the arrest.

The on-chain sleuth has been tracking Khan since 2024, when he was linked to a high-profile theft involving a Genesis creditor in August of that year. The alleged cybercrime operation included co-conspirators Malone Lam, Veer Chetal, an individual identified as Chen, and Jeandiel Serrano. According to ZachXBT, the group carried out a sophisticated social engineering attack against an unnamed victim.

Stolen crypto laundered across multiple exchanges

On Aug. 19, 2024, the suspects allegedly impersonated Google and Gemini customer support representatives, persuading the victim to reset two-factor authentication and transfer funds from their Gemini account to wallets controlled by the attackers.

The victim was also reportedly coerced into sharing private Bitcoin keys via the remote desktop application AnyDesk.

Transaction records from Gemini, later featured in a Discord video that allegedly showed the conspirators celebrating the theft, revealed Bitcoin transfers to addresses attributed to the group.

ZachXBT stated that the stolen funds were later split among the conspirators and cycled through more than 15 cryptocurrency exchanges, with conversions conducted across Bitcoin, Litecoin, Ethereum, and Monero.

In a separate development, ZachXBT also linked Khan to the August 2023 Kroll SIM-swap breach, which exposed personal data belonging to BlockFi, Genesis, and FTX creditors. Kroll later confirmed that a hacker had compromised an employee’s T-Mobile account via SIM swapping, enabling access to sensitive information that was later exploited for social engineering attacks.

While authorities have not formally confirmed Khan’s arrest or the seizure of the 3,670 ETH, multiple sources indicate the investigation remains active and is being pursued across multiple jurisdictions.

This article was originally published as ZachXBT Traces 3,670 ETH to British Cybercrime Suspect Amid Reported Dubai Arrest on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Tajikistan has introduced tough new legislation targeting illegal crypto mining activities that rely on stolen electricity. The revisions to the Criminal Code, which include Article 253(2), impose fines and imprisonment for miners using unauthorized power sources. The penalties range from hefty fines to long prison sentences, depending on the scale of the crime. This move aims to curb widespread illegal mining operations and address power shortages that have been affecting the country.

New Law Targets Illegal Crypto Mining Operations

On December 3, Tajikistan’s parliament passed amendments to the Criminal Code, aimed directly at illegal crypto miners. The law targets those who use stolen electricity to power their mining operations, a practice that has been causing significant damage to the national power grid. Under the new law, offenders face a fine between $1,650 and $8,250 or a prison sentence ranging from two to five years.

If the mining operation is deemed to be on an “especially large scale,” the punishment becomes more severe. The prison sentence can extend from five to eight years. This legal change comes in response to a growing problem of electricity theft by crypto miners, particularly in major cities, which has contributed to regional power outages and infrastructure damage.

Illegal Crypto Mining Damaging Tajikistan’s Power Grid

Tajikistan, which relies heavily on hydropower for electricity, has been facing severe power shortages due to illegal crypto mining. The country’s energy grid has been strained, especially during the winter months when power demands peak. Many miners have been illegally tapping into the grid by bypassing meters or using unauthorized connections to mine cryptocurrencies.

According to government reports, illegal mining operations have caused damages amounting to millions of dollars. In 2023 alone, authorities identified nearly $4.26 million in losses, involving almost 4,000 individuals. Local officials have expressed concern over the scale of the damage, highlighting the strain placed on the country’s already limited power resources.

Legislation Aims to Tackle Crime and Avoid Tax Evasion

The primary aim of the new legislation is to prevent illegal activities tied to crypto mining. Beyond power theft, these activities often facilitate crimes such as money laundering and tax evasion. Tajikistan’s government also hopes to curb attempts to circumvent national regulations on virtual assets.

Officials, including Attorney General Khabibullo Vokhidzoda, have stressed the urgency of addressing these issues. Vokhidzoda has pointed out that illegal mining operations not only undermine the nation’s power grid but also contribute to the illegal circulation of virtual assets. By tightening regulations, the government seeks to mitigate these criminal activities and safeguard the country’s financial and energy sectors.

With President Emomali Rahmon expected to sign the bill into law, these changes will come into effect soon. The new measures mark a significant step towards controlling illegal crypto mining in Tajikistan and protecting its power infrastructure from further exploitation.

This article was originally published as Tajikistan Penalizes Crypto Miners Using Stolen Power on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Tether’s USDT stablecoin has received regulatory recognition within Abu Dhabi’s international financial center, enabling licensed institutions to offer regulated services using the digital asset, the company announced.

Tether’s USDT Secures Broader Regulatory Clearance in ADGM

USDT is now an Accepted Fiat-Referenced Token (AFRT) in the framework of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA).

The permission will enable licensed participants to conduct controlled financial operations in USDT on a wide spectrum of blockchain networks, such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.

Tether is proud to be part of the global industry leader in digital asset regulations established by the UAE, and its CEO, Paolo Ardoino, is delighted by this fact. This achievement underscores the commitment of Tether to the development of financial inclusion and innovation at the global level.

ADGM had already accepted USDT as a legitimate virtual asset on Ethereum, Solana and Avalanche. The most recent name considerably broadens that framework, which may enable the introduction of additional applications like cross-border payments, institutional custody, and settlement services.

UAE Framework Positions USDT as Key Settlement Asset

According to Tether, the multi-chain recognition strengthens USDT’s interoperability within the global financial system while ensuring compliance with AFRT standards and FSRA safeguards.

The company added that the development aligns with the UAE’s broader strategy to integrate blockchain technology into its financial infrastructure while maintaining strong regulatory oversight.

USDT is currently the world’s most widely used stablecoin by market circulation. The approval marks another milestone in the growing acceptance of stablecoins within regulated financial markets, particularly in the Middle East’s rapidly developing digital asset ecosystem.

This article was originally published as Abu Dhabi ADGM Approves USDT Across 10 Blockchains Expansion on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Strive Asset Management (NASDAQ: ASST) has launched a $500 million stock sales program aimed at funding additional Bitcoin purchases, expanding its cryptocurrency treasury, and supporting broader corporate needs, the company said in a recent statement.

The publicly traded asset manager said net proceeds from the offering will be used for “general corporate purposes,” including the acquisition of Bitcoin and Bitcoin-related products, alongside working capital and potential investments in income-generating assets. The firm did not specify which asset classes it plans to target for these additional investments.

Strive’s Bitcoin Treasury Strategy and Growing Corporate Holdings

Strive was co-founded in 2022 by American entrepreneur and political figure Vivek Ramaswamy and shifted to a Bitcoin treasury strategy earlier this year through a public reverse merger.

The company currently holds 7,525 Bitcoin on its balance sheet, making it the world’s 14th-largest corporate Bitcoin holder according to company disclosures.

Its strategy mirrors the approach popularized by Michael Saylor’s Strategy, which uses equity and debt financing to build large Bitcoin reserves.

Strive’s Bitcoin position grew significantly in September following its agreement to acquire Semler Scientific, a deal that pushed the combined entity further up the corporate Bitcoin holder rankings.

Following the latest announcement, Strive shares rose, with the stock now more than doubling since the start of the year, based on market data.

Crypto Treasury Firms Face MSCI Index Review

The firm is also engaged in ongoing industry discussions over whether digital asset treasury companies should be excluded from major stock indices.

Earlier this month, Strive CEO Matt Cole criticized MSCI’s review of whether to remove companies holding more than 50% of their balance sheets in cryptocurrencies, arguing such exclusions could distort capital allocation and restrict investor choice.

MSCI’s decision could impact index funds and ETFs tracking its benchmarks, potentially affecting billions of dollars in passive investment flows. Since launching its first ETF in 2022, Strive has grown assets under management to more than $2 billion.

Analysts say that if the full $500 million is deployed into Bitcoin, Strive’s BTC holdings could increase substantially.

This article was originally published as Strive Launches $500M Stock Sale to Expand Bitcoin Treasury on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Ethereum has recorded a modest price rebound over the past three weeks as large holders increased their positions while smaller retail traders reduced exposure, according to on-chain data released by analytics firm Santiment. The divergence in behavior between major investors and retail participants has helped stabilize the market after a period of heightened volatility.

Ethereum is a standout gainer today, climbing +8.5% and seeing an encouraging accumulation pattern from whales & sharks. They’ve accumulated ~934,240 $ETH ($3.15B) in 3 weeks, while small retail has dumped ~1,041 in the past week.

Wallet tier chart: https://t.co/3g6G77qDGe pic.twitter.com/qbBUEiDuyF

— Santiment (@santimentfeed) December 9, 2025

Ethereum whales accumulate as retail investors trim holdings

Santiment data shows that Ethereum “whales and sharks” wallets holding between 100 and 100,000 ETH accumulated approximately 934,240 ETH during the three-week period. At the same time, smaller investors collectively sold a net total of around 1,041 ETH into the market. The contrasting activity created a noticeable supply-demand imbalance that contributed to Ethereum’s recent price recovery.

The firm’s chart analysis indicates a steady rise in combined balances among large Ethereum addresses through late November and into early December. This accumulation phase aligned with a slowdown in Ethereum’s previous price decline and a cooling of extreme volatility that had characterized earlier trading sessions. As large holders increased buying activity, downward pressure on price eased, allowing ETH to move higher.

Retail wallets holding fewer than 10 ETH showed the opposite trend. Santiment reported that this group posted a net decline in holdings over the past week as smaller traders continued to sell into short-term price movements. Analysts often interpret such behavior as caution among retail participants during periods of uncertainty or after earlier losses.

Strategic accumulation points to long-term confidence in Ethereum

Market observers note that similar divergences between large and small holders have historically preceded short-term price rallies or trend reversals in crypto markets. Whales typically accumulate during periods of suppressed prices and low sentiment, while retail traders are more prone to sell into weakness. When this pattern appears, it can signal that larger players are positioning in anticipation of future upside.

Santiment’s analysis suggests the current accumulation trend reflects strategic positioning rather than speculative trading. The gradual pace of buying by large holders points to long-term confidence in Ethereum rather than short-term momentum chasing. If the accumulation continues, analysts say it could provide a stronger foundation for further price recovery.

Ethereum’s price movements during the accumulation window have mirrored the developing supply-demand imbalance. As available liquid supply tightened due to whale accumulation and volatility declined, price stability improved. While broader macro factors and overall crypto market direction remain key variables, the behavior of large holders is currently acting as a supportive force.

Analysts caution that short-term recoveries driven by on-chain accumulation can still face setbacks if broader market sentiment weakens. However, sustained whale buying combined with reduced volatility is often viewed as a constructive signal for near-term price performance.

This article was originally published as Ethereum Price Rebounds as Whales Accumulate 934,240 ETH on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Tajikistan’s parliament has passed sweeping new legislation imposing steep fines and prison sentences of up to eight years for individuals involved in bitcoin mining using illegally obtained electricity, as the country battles worsening winter power shortages.

New law criminalizes electricity theft tied to crypto mining

According to reports from regional outlet Asia-Plus, the bicameral legislature approved amendments to the Criminal Code that formally criminalize the unauthorized use of state electricity for the production of digital assets. The new provisions introduce a specific offense targeting electricity theft linked to cryptocurrency mining.

Under the law, individual offenders face fines ranging from 15,000 to 37,000 somoni. Organized groups engaged in illegal mining operations could be fined up to 75,000 somoni and sentenced to prison terms of two to five years. More severe cases, classified as occurring on a “particularly large scale,” carry penalties of five to eight years of imprisonment.

Tajikistan’s Prosecutor General, Habibullo Vohidzoda, told lawmakers that illicit mining farms have significantly strained the national power grid, leading to electricity shortages across several cities and regions. He said the situation has forced authorities to impose power restrictions and has “created favorable conditions for the commission of various crimes.”

Authorities warn of growing illegal mining

Vohidzoda added that illegal crypto mining facilitates offenses such as electricity theft, money laundering and financial damage to the state. Authorities have uncovered multiple unauthorized mining operations connected to the grid nationwide, with several investigations underway.

Officials estimate that illicit mining has caused state losses of around 32 million somoni. Some participants, Vohidzoda noted, also imported mining equipment in violation of national laws.

Lawmaker Shukhrat Ganizoda said the amendments also aim to curb tax evasion linked to digital asset mining. The law will take effect after it is signed by President Emomali Rahmon and published in the official gazette.

Tajikistan regularly faces acute energy shortages during winter, heightening concerns over power consumption by unauthorized crypto mining operations.

This article was originally published as Tajikistan Imposes 8-Year Prison Terms for Illegal Bitcoin Mining on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Blockchain Gaming Focus Shifts Towards Fundamentals and Stablecoin Integration

The blockchain gaming industry is experiencing a significant shift in priorities, moving away from speculative growth toward building sustainable and high-quality gaming experiences. According to the recently published 2025 State of the Industry Report by the Blockchain Gaming Alliance (BGA), stablecoin adoption now ranks among the top three factors driving industry growth, marking a notable evolution in industry sentiment and strategy.

Key Takeaways

High-quality game launches, revenue models, and stablecoin payments are leading growth drivers.

Industry is transitioning from reliance on big Web2 brands to focus on intrinsic Web3-native ecosystems.

Shift over five years from external catalysts like hype and legacy publisher involvement towards user experience and infrastructure.

Regulatory momentum around stablecoins underscores their growing importance in gaming economies.

Tickers mentioned: None

Sentiment: Positive

Price impact: Neutral. The report indicates a maturing sector focusing on sustainable development rather than immediate price speculation.

Trading idea (Not Financial Advice): Hold. The industry’s focus on foundational growth suggests stability, but external risks remain.

Market context: This development reflects broader maturation within the blockchain space, emphasizing infrastructure and stable economic models over hype-driven cycles.

Insights into Industry Shifts

The latest industry report highlights a strategic pivot among blockchain game developers. While previous years saw a reliance on hype around play-to-earn models and involvement from major Web2 players, the focus has shifted toward delivering compelling gameplay, sustainable monetization, and frictionless payment experiences. Notably, stablecoins—traditionally a backbone of decentralized finance—are now recognized as critical to in-game economies for their role in facilitating seamless transactions and fostering trust.

Key factors driving growth in blockchain gaming. Source: BGA Survey

The shift is also reflected in perceptions of traditional gaming giants, with only about 17.2% of respondents considering legacy publishers as primary growth catalysts—down from over 35% in 2024. Instead, technological advancements such as interoperability, AI integration, and player-centered creator economies are gaining prominence as new catalysts fostering innovation and growth.

Furthermore, regulatory developments—particularly the rapid progress of stablecoin frameworks like the US GENIUS Act and the European Markets in Crypto-Assets (MiCA)—are poised to support the infrastructural evolution necessary for sustainable growth, reinforcing the industry’s move towards more mature and resilient gaming ecosystems.

This article was originally published as Stablecoins Propel Web3 Gaming’s Top 3 Growth Drivers: New Report on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Abu Dhabi Sovereign Wealth Fund Explores Tokenized Private Market Investments

Abu Dhabi-based Mubadala Capital has announced a strategic partnership with RWA infrastructure provider Kaio to explore digital tokenization of private market assets. This collaboration aims to leverage blockchain technology to enable institutional and accredited investors to access Mubadala’s private fund offerings on-chain, signifying a notable shift in how regional sovereign-linked capital engages with alternative asset classes.

The initiative emphasizes the potential for tokenized real-world assets to democratize access to investments traditionally hindered by high minimums, lengthy lockups, and geographical restrictions. While no new products are expected immediately, the collaboration marks an important step toward digitizing fund structures, facilitating broader participation, and opening up new avenues for global investors to tap into one of the region’s most significant asset managers.

Sovereign-Backed Asset Manager Embraces RWA Tokenization

Mubadala Capital manages and advises over $430 billion across private equity, credit, real estate, and alternative investments via its various subsidiaries and investment entities. As a subsidiary of Mubadala Investment Company, one of Abu Dhabi’s prominent sovereign wealth funds, the firm has shown increasing interest in integrating blockchain-based solutions into its operations.

In November, Bloomberg reported that the Abu Dhabi Investment Council (ADIC), another Mubadala entity, held at least $500 million in BlackRock’s spot Bitcoin ETF. This move reflects the broader strategy of embracing digital assets and innovative investment approaches amid a changing financial landscape.

Fatima Al Noaimi and Max Franzetti, co-heads of Mubadala Capital Solutions, emphasized that leveraging regulatory-aligned digital infrastructure could expand access to institutional-grade products. Kaio, which has previously supported tokenized feeder structures for asset managers like BlackRock, Brevan Howard, and Hamilton Lane, has already brought over $200 million in institutional assets on-chain.

According to Kaio’s CEO, Shrey Rastogi, the collaboration with Mubadala exemplifies the accelerating adoption of tokenized investment vehicles in both public and private markets. This momentum indicates a growing acceptance among traditional institutional players of blockchain’s role in streamlining fund structures and global investment access.

Future Outlook for Tokenized RWAs

The collaboration signifies a broader trend of increasing institutional engagement with RWA tokenization infrastructure, aiming to reduce operational friction and widen participation pools. CoinShares’ recent market outlook highlighted strong growth in tokenized US Treasurys—rising from $3.9 billion to $8.6 billion in 2025—and predicted continued expansion through 2026 as global demand for dollar yields persists.

Meanwhile, infrastructure providers are ramping up efforts to support this growing demand. Polygon, for instance, recently deployed a hard fork to enhance performance and throughput, which is crucial for supporting high-frequency applications, including stablecoins and RWA tokens.

This article was originally published as Mubadala Capital Teams Up with Kaio to Unlock Tokenized Private Markets on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Resurgence of Silk Road-Linked Bitcoin Moves Sparks Renewed Attention

Cryptocurrency wallets associated with the infamous Silk Road marketplace have become active once again, less than a year after Ross Ulbricht, the convicted creator of the darknet platform, received a full presidential pardon. The recent activity includes substantial Bitcoin transfers, signaling ongoing movements of funds connected to the historic underground marketplace.

Key Takeaways

Silk Road-related wallets executed large transactions worth over $3 million in Bitcoin after years of dormancy.

Recent transfers involved approximately 176 transactions to an unknown wallet, marking their largest activity in five years.

Ulbricht’s primary wallets contain an estimated $38.4 million in Bitcoin, with some wallets likely still holding substantial unseized assets.

Industry experts highlight the possibility of undiscovered wallets still holding millions of dollars in Bitcoin linked to Ulbricht.

Tickers mentioned: None

Sentiment: Neutral

Price impact: Neutral. The activity suggests potential movement of long-dormant assets but does not currently influence market prices significantly.

Market context: This resurgence occurs amid broader industry discussions about long-term holdings and the potential for unclaimed assets to re-enter circulation, impacting Bitcoin’s supply dynamics.

Cryptocurrency wallets linked to the Silk Road marketplace are resurfacing with significant activity, stirring speculation within the crypto community. Blockchain analytics platform Arkham reports that Silk Road-affiliated wallets executed approximately 176 transactions, transferring around $3.14 million worth of Bitcoin to an unidentified address. This marks their most active deep transaction cycle in five years, following only minimal test transactions earlier this year.

The recent transfers destination an address identified as bc1qn, with the original Silk Road-tied wallets still holding about $38.4 million in Bitcoin. The newly created wallet only contains these recent funds, with no indication of further activity yet. Arkham and other analysts remain cautious, as the owner of the wallet remains unidentified. Ulbricht’s supporters have yet to comment publicly, but blockchain data suggests lingering activity connected to his assets.

Significantly, the transactions come after Ulbricht’s full pardon by then-President Donald Trump in January. Ulbricht, sentenced to life without parole for his role in creating Silk Road, is seen by many as a controversial figure whose legacy continues to influence discussions about crypto and privacy. Supporters have since donated approximately $270,000 in Bitcoin to campaigns advocating for his release, adding a new chapter to his story.

Industry insiders note that despite the US government claiming to have seized over $3.36 billion in Bitcoin from Silk Road, some assets likely remain undiscovered. Notably, Coinbase director Conor Grogan revealed that around 430 BTC—worth roughly $47 million—are dormant in wallets believed to be linked to Ulbricht, inactive for over 13 years. Additionally, another wallet holding approximately $8.3 million has shown minimal activity over the past decade, fueling ongoing speculation about hidden assets.

Silk Road wallets, token holdings. Source: Arkham

This article was originally published as Silk Road Wallets Resurrected: Transfer $3M in Bitcoin to New Address on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Coinbase (NASDAQ: COIN) has formed a strategic partnership with PNC Bank, one of the largest financial institutions in the U.S., to provide direct access to Bitcoin trading. This collaboration marks a significant step in the increasing integration of cryptocurrency into mainstream finance.

Today marks a major milestone for institutional crypto adoption.@Coinbase’s Crypto-as-a-Service platform is now powering @PNCBank’s launch of direct bitcoin trading for PNC Private Bank clients – the first to market with such an offering among the major U.S. banks. pic.twitter.com/wwuOIRuBfK

— Coinbase Institutional (@CoinbaseInsto) December 9, 2025

Through this partnership, PNC Bank has introduced a new service that allows its private banking clients to engage in Bitcoin transactions. The service enables clients to buy, hold, and sell Bitcoin directly through the bank, offering a seamless and secure experience. Powered by Coinbase’s Crypto-as-a-Service (CaaS) platform, this service allows PNC to provide robust crypto trading. Custody solutions without building its own complex infrastructure.

Coinbase’s Crypto-as-a-Service Infrastructure

Coinbase’s Crypto-as-a-Service infrastructure is designed to assist traditional banks in offering cryptocurrency services. By partnering with PNC, Coinbase aims to simplify crypto integration for financial institutions. Thus saving them the time and cost of developing their own crypto systems. This infrastructure provides a secure and compliant way for banks to offer crypto services to their clients.

Initially, the service will be available to eligible private banking clients of PNC, who can now trade Bitcoin through the bank’s platform. This move solidifies PNC’s position as a leader in bringing cryptocurrency access to high-net-worth individuals. The bank has indicated plans to eventually extend this offering to institutional clients.

Future Plans for Expansion

While the service is currently focused on PNC’s private banking clients, there are plans to expand to institutional clients. As the demand for crypto services continues to grow, this partnership positions both Coinbase and PNC.

This partnership is a notable development in the crypto space, as traditional banks like PNC begin offering direct crypto services to clients. Coinbase’s infrastructure is helping banks integrate these services, simplifying the process for both the banks and their customers.

This article was originally published as Coinbase Partners with PNC Bank to Offer Direct Bitcoin Services on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Strategy Inc. (NASDAQ: MSTR) made a significant move last week by acquiring 10,624 Bitcoin for $962.7 million, despite its stock price facing a severe downturn. The purchase boosts the company’s total Bitcoin holdings to 660,624 BTC, valued at approximately $49.35 billion. This acquisition comes amid a challenging period for Strategy, as its stock price has dropped nearly 60% over the past six months.

Saylor’s Commitment to Bitcoin

CEO Michael Saylor remains steadfast in his commitment to accumulating Bitcoin as part of the company’s long-term strategy. Saylor has consistently rejected the idea of selling Bitcoin to fund dividends, instead opting to maintain a robust cash cushion. With $1.44 billion in cash reserves, Strategy can sustain itself for nearly two years without relying on stock market performance.

As Strategy increases its Bitcoin holdings, it faces mounting competition from major financial institutions. Companies like JPMorgan and Morgan Stanley have begun launching Bitcoin-linked products, offering institutional investors controlled exposure to the cryptocurrency. This competition challenges Strategy’s position as the dominant corporate Bitcoin holder.

Financial Challenges Persist

Despite the Bitcoin accumulation, Strategy’s stock price has struggled to recover. The company’s shares have remained stagnant, fluctuating between $170 and $215, with no significant rallies in sight. Investors are concerned about the company’s future prospects as resistance levels persist, and short-sellers have targeted the stock.

In an effort to address the ongoing financial challenges, Strategy introduced perpetual preferred shares. Saylor believes these shares will provide a fresh opportunity for the company in the next 12 to 24 months. The introduction of these shares reflects Strategy’s ongoing efforts to diversify its financial strategy, despite the bearish stock performance.

The growing interest in Bitcoin from traditional financial institutions, such as JPMorgan and Morgan Stanley, has led to increasing scrutiny of Strategy’s role in the market. As more firms, including Metaplanet, adopt Bitcoin-heavy treasury strategies, the competition for Bitcoin exposure continues to intensify. Consequently, Strategy faces greater challenges in maintaining its position as the primary corporate Bitcoin accumulator.

This article was originally published as Strategy Inc. Expands Bitcoin Holdings by Over $962 Million Amid Stock Decline on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitwise has officially launched its new cryptocurrency exchange-traded fund (ETF) on the NYSE Arca, providing investors with an accessible and regulated product to gain exposure to leading digital assets. The ETF, trading under the ticker BITW, offers a diversified basket of cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink, Litecoin, Sui, Avalanche, and Polkadot. With $1.25 billion in assets under management, the Bitwise ETF stands as the largest crypto index fund globally.

Transition from Index Product to Fully-Traded ETF

Previously, Bitwise’s crypto fund operated as an index product. However, after completing its transition, it now offers a fully exchange-traded structure. This move marks a significant development for Bitwise, as it overcomes previous obstacles faced during the SEC’s review process. The launch of the ETF reflects the company’s years of effort to provide wider access to digital assets in a regulated environment.

Bitwise’s Chief Investment Officer, Matt Hougan, emphasized the growing interest among institutional investors, citing recent moves like Harvard University’s allocation to Bitcoin. According to Hougan, there has been a marked desire from investors for a regulated, index-based product, which eliminates the need for individual token selection. The BITW ETF now fills that gap by offering investors exposure to top digital assets through a single, reliable product.

Rules-Based Index and Rebalancing Strategy

One of the defining features of the Bitwise ETF is its rules-based index. The fund ranks its holdings based on market value, filtering assets according to liquidity and risk factors. The ETF is rebalanced each month to reflect changes in the crypto market. As of now, Bitcoin makes up more than 74% of the fund’s holdings, with Ethereum accounting for approximately 15%. XRP, Solana, and Cardano follow with smaller allocations.

The ETF’s rules-based system ensures that the fund adjusts its holdings automatically based on the performance and market capitalization of individual assets. This eliminates the need for subjective decisions on which assets will yield the highest returns. Bitwise has committed to maintaining transparency, with all changes to the index published monthly. Additionally, no single asset is given special treatment, reinforcing the ETF’s objective approach to portfolio management.

Bitwise’s forward-looking strategy also includes plans for other crypto-related ETFs, such as one focused on Avalanche. The firm’s ability to adapt and expand its product offerings highlights its commitment to providing institutional-grade solutions for crypto investors. The BITW ETF is a step forward in democratizing access to digital assets while maintaining transparency and robust governance.

This article was originally published as Bitwise Launches $1.25B Crypto ETF on NYSE Arca, Offering Top Digital Assets on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Circle, the issuer of USDC, has unveiled a new stablecoin, USDCx, designed to offer enhanced privacy for blockchain transactions. The stablecoin is built on Aleo, a platform specifically created for encrypted transactions. With USDCx, Circle aims to address privacy concerns that have previously hindered institutional adoption of blockchain technology, particularly among banks and large financial institutions. The token will allow businesses to transact on public blockchains without exposing sensitive financial data to the public.

Targeting Privacy Concerns for Blockchain Transactions

Circle’s move to introduce USDCx highlights the growing need for privacy in blockchain payments. Public blockchains typically store transaction data in a transparent manner, which can lead to unintended exposure of financial activities. Howard Wu, co-founder of Aleo, emphasized that businesses do not want their payment history or revenue visible to competitors or the public. USDCx addresses this issue by obscuring transaction details from general users, ensuring that financial data remains private.

The demand for privacy-focused stablecoins has been rising, with industries like prediction markets, which handle sensitive financial information, looking for encrypted solutions. Unlike cryptocurrencies like Zcash, which suffer from volatility, stablecoins such as USDCx are pegged to the U.S. dollar, providing predictable pricing. This design makes them particularly attractive to businesses seeking stable and confidential payment methods. Wu mentioned that Aleo has seen increasing interest from various groups in adopting private stablecoins like USDCx for their blockchain transactions.

Maintaining Compliance with Regulations

Despite offering privacy features, USDCx still adheres to regulatory compliance standards. While transaction data remains encrypted and inaccessible to the public, Circle can still access transaction records when requested by authorities. This structure ensures that institutions can adopt USDCx for blockchain payments without running afoul of regulatory requirements, striking a balance between user privacy and legal obligations. Wu described the model as offering “banking-level privacy,” ensuring that while users’ transactions are shielded from public view, regulatory oversight is maintained when needed.

In addition to the launch of USDCx, Circle has expanded its global reach with the Circle ADGM license. This expansion signals the company’s commitment to building trust among institutions and providing secure and compliant solutions for blockchain adoption. The launch of USDCx further solidifies Circle’s position in the growing market of tokenized assets and stablecoins, addressing the challenges faced by institutions looking for privacy in blockchain transactions.

This article was originally published as Circle Launches USDCx: A Privacy-Focused Stablecoin for Institutions on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Biotech innovation continues to intersect with the broader world of digital transformation, influencing everything from AI driven drug discovery to investor sentiment across global markets. Although Senti Biosciences operates outside the traditional crypto and Web3 space, its latest developments still matter for readers following technology, finance, and the fast evolving digital economy. Breakthrough therapies, regulatory milestones, and market reactions often shape investment trends that ripple into tech forward sectors, including those driving growth across the MENA digital ecosystem.

SNTI (Nasdaq: SNTI) experienced a sharp 5.23% decline in its stock price, falling by $0.1250 to $2.2650. The drop occurred despite the company receiving significant recognition from the U.S. Food and Drug Administration (FDA). Senti Bio announced that its investigational cell therapy, SENTI-202, earned the FDA’s Regenerative Medicine Advanced Therapy (RMAT) designation, a major step forward for the biotechnology firm. The designation highlights the potential of SENTI-202 to treat hematologic malignancies, including acute myeloid leukemia (AML).

Stock Drop Despite FDA RMAT Designation

The sharp decline in Senti Biosciences’ stock price came as a surprise to many. Despite receiving FDA RMAT designation for SENTI-202, the stock faced a downturn in early trading. The RMAT designation is a significant milestone, often leading to enhanced development opportunities for the company. Market reactions can be unpredictable, and investors may be weighing other factors that could affect the company’s long-term performance.

The RMAT designation is aimed at accelerating the development of promising therapies for serious or life-threatening diseases. Senti Bio’s SENTI-202 is a potential breakthrough treatment designed to address the unmet needs in treating relapsed or refractory AML. The therapy uses a proprietary Logic Gated CAR-NK platform to selectively target and kill cancer cells while sparing healthy cells. This innovative approach has been demonstrated in early-stage clinical trials, showing promise in efficacy, safety, and durability.

Senti Biosciences has worked to maintain investor confidence by presenting positive clinical data. The company showcased its progress at the ASH Annual Meeting in December 2025, where it presented updated clinical findings. Despite this, the stock’s recent performance reflects market skepticism, possibly due to external factors or broader trends in biotechnology stocks. The company’s future performance remains uncertain, as it faces challenges common to clinical-stage firms.

SENTI-202 Receives Dual FDA Recognition

Senti Biosciences’ SENTI-202 has now received two key FDA designations in 2025. In addition to the RMAT designation, SENTI-202 also earned Orphan Drug Designation earlier this year. Both designations aim to expedite the development of therapies for rare and serious diseases, including AML. The Orphan Drug Designation helps Senti Bio in securing market exclusivity, tax credits, and reduced regulatory fees as the company advances its therapy.

The dual FDA recognition underscores the potential of SENTI-202 to significantly impact the treatment landscape for AML. This first-in-class CAR-NK therapy is currently undergoing a Phase 1 clinical trial to evaluate its effectiveness in patients with relapsed or refractory AML. The ongoing trial will provide further insights into the therapy’s potential to transform AML treatment, offering new hope for patients battling this aggressive cancer.

With the RMAT and Orphan Drug Designations in hand, Senti Bio looks to fast-track the development of SENTI-202. The FDA’s decision to grant both recognitions highlights the growing optimism around the company’s work. Market responses to such FDA announcements are often volatile, and Senti Biosciences will need to continue delivering strong clinical results to maintain investor confidence. Despite today’s stock decline, the company remains focused on accelerating its innovative therapies to address significant unmet medical needs.

This article was originally published as Senti Biosciences, Inc. (SNTI) Stock: Faces Decline Despite Groundbreaking FDA Designation on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

GPCR stock jumped more than 99% to about $68.84 after the company reported successful Phase 2 clinical data for aleniglipron, its investigational, once-daily oral treatment being studied for managing body weight and metabolic health.

ACCESS Phase 2b Results Boost Investor Confidence

Structure Therapeutics (NASDAQ: GPCR) announced that its Phase 2b ACCESS trial met all primary and secondary goals with strong statistical results. The study included about 230 adults living in higher-weight bodies who also had related health conditions.

Participants taking up to a 120 mg dose showed consistent reductions in body weight, with the highest-dose group achieving an average 11.3% placebo-adjusted decrease over 36 weeks (equal to about 27 pounds on average).

Around 70% of participants at the highest dose reduced their body weight by more than 10%, showing a clear dose-response pattern. Researchers also reported improvements in blood pressure and HbA1c, suggesting broader metabolic benefits.

Side effects were mostly gastrointestinal and tended to appear early, then improve over time. The average discontinuation rate across active treatment groups was about 10.4%, which is considered manageable and similar to other GLP-1 treatments.

ACCESS II Shows Additional Promise at Higher Doses

The newer ACCESS II study tested even higher doses (up to 240 mg) in 85 adults living in higher-weight bodies. The study saw greater body-weight reduction with higher doses, including a 15.3% placebo-adjusted decrease (about 35.5 pounds) at the top dose, again measured at Week 36.

Importantly, researchers said the effect had not yet plateaued, indicating that weight-related outcomes continued to improve beyond the study timeframe. Safety signals remained consistent, and the overall profile looked similar across doses.

Supporting Research Shows Flexibility for Future Dosing

Structure also reported early results from a body-composition study using a gradual titration approach starting at 2.5 mg. No participants stopped treatment early in the first phases, which supports a slower dosing ramp for real-world use.

The ongoing study and its extension phase are tracking longer-term results, with early signals suggesting progress continues beyond 36 weeks.

This article was originally published as Structure Therapeutics Inc. (GPCR) Stock: Skyrockets After Positive Obesity Trial Result on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Circle Internet Financial minted $500 million of USD Coin on the Solana blockchain on Monday, December 8, 2025, continuing a sustained run of large-scale stablecoin issuance on the network.

Inside the Double $250 Million Mint: On-Chain Breakdown

The issuance was executed in two different transactions, valued at $250 million each, with the newly minted tokens transferred to Circle’s officially recognized treasury wallet addresses on Solana, according to blockchain data monitored by Whale Alert, Lookonchain and other service providers. The mints were carried out shortly after 15:00 UTC, at 23:00 Beijing time.

Real-time data also shows that total USDC issued on Solana since the October 11 market correction has now reached $15.03 billion, while $2.25 billion was minted alone in the past seven days.

The $500 million issuance is fully traceable on Solana block explorers and in line with entries in Circle’s public transparency reports. The transfers follow Circle’s standard treasury practice of meeting chain-specific demand before wider distribution.

How Markets and Solana DEXs Reacted Within Hours

USDC trading volume surged following the mint event. As of December 8, 2025, 24-hour volume reached $11.94 billion, a 77.85% increase, with a circulating supply of $78.22 billion, according to on-chain data from CoinMarketCap.

Within the Solana ecosystem, decentralized exchanges like Jupiter, Raydium, Orca and Phoenix also saw an immediate surge in liquidity in the USDC pair, with order-book depth rising 15% to 25% within hours of the mint, according to DexScreener and Birdeye metrics.

The December 8, 2025, mint event activity fits into the overall pattern that has seen Circle and Tether together create more than $20 billion in new stablecoin supply across all supported blockchains since early October. The pace of issuance points to renewed institutional and retail inflows following the autumn market downturn.

For Solana, the repeated large-scale deployments continue to solidify its status and position as a leading destination for regulated dollar-pegged assets, supported by the network’s high throughput and low transaction costs, which are relative to rival layer-1 chains.

This article was originally published as Circle Just Minted Another $500 Million USDC on Solana on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.