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Hong Kong will host WikiEXPO HK 2026 on July 23–24 at the Hopewell Hotel. As a leading global fintech event, this event is expected to attract over 12,000 professionals, 200+ speakers, and 100+ exhibitors from more than 120 countries and regions.

This year’s expo will spotlight key innovations reshaping global finance, including:• Fintech & Artificial Intelligence• Cryptocurrency & Digital Assets• Foreign Exchange & Liquidity Solutions• Web3.0 & Decentralized Finance• Next-Generation Payments• ESG in Finance

Attendees can engage with global thought leaders, innovators, and regulators through keynote presentations, panel discussions, fireside chats, and dedicated networking sessions.

“Hong Kong is the ideal international financial hub to bridge East and West,” said Loki So, Chief Operating Officer of WikiEXPO. “Leveraging this unique position, we aim to convene global fintech leaders in Hong Kong through this event, offering a dynamic and neutral platform that fosters responsible innovation and sustainable growth in fintech and digital assets.”

How to Participate:• Free registration is now open: https://bit.ly/wikiexpohk_2026• Join the Event’s LinkedIn Group for updates and announce your attendance to your business connections: 

https://bit.ly/linkedin_wikiexpohk2026

Sponsorship & Exhibiting Opportunities:Contact: Loki So | Email: loki@wikiexpo.com | Telegram: https://t.me/Loki_wikiexpo_coo

About WikiEXPO

WikiEXPO is a global hub for financial innovation, uniting visionaries and leaders in fintech, forex, and crypto industries. With a worldwide community of over two million followers, our iconic summits—held in global capitals including Dubai, Hong Kong, Cyprus, Bangkok, Singapore, Sydney, South Africa, and beyond. From cutting-edge startups to industry giants, we connect the brightest minds. After six years of rapid development, WikiEXPO has become one of the world’s largest and most influential events in the forex and crypto fields.

Past Speakers at WikiEXPO Global

• Dominic Williams: Founder & Chief Scientist, DFINITY Foundation• Evan Auyang Chi-chun: Group President, Animoca Brands• Justin Sun: Founder – TRON, Member – HTX Global Advisory Board• Reeve Collins: Co-Founder – Tether• Joy Lam: Member of Task Force on Promoting Web3 Development – Hong Kong Government, Head of Global Regulatory & APAC Legal – Binance• Alvin Hu: Managing Director, KuCoin Exchange• Kevin Lee: CEO, Gate.HK• Mario Nawfal: CEO, IBC Group• Julian Tehan: CCO, BitMEX• Hasnae Taleb: Managing Partner, Mintiply Capital, The Shewolf of Nasdaq by Nasdaq Stock Market• Mayoon Boonyarat: Director Revenue Tax Policy Division, Ministry of Finance of Thailand• John Riggins: Partner, BTC Inc• Loretta Joseph: Policy Consultant, The Commonwealth, Chairman, ADFSAC• Brian Norman: CFO Auros, Co-Chair Web3 & Blockchain committee – FinTech Assoc HK• Bugra Celik: Director, Digital Assets | Global Private Banking & Wealth, HSBC• Simon Callaghan: CEO, Blockchain Australia• Hassan Ahmed: Country Director, Coinbase Singapore

We look forward to welcoming you to Hong Kong in July 2026!

The post WikiEXPO HK 2026: Global Fintech Leaders Converge in Hong Kong, July 23-24 appeared first on Cryptopress.

What is Hyperwave [GWAVE]?

Hyperwave is a leading DeFi protocol built natively on Hyperliquid (HyperEVM), designed to maximize yield for users through advanced strategies and liquid wrappers.

GWAVE (Staked Hyperwave) is the protocol’s flagship “Real Yield” token. It acts as a liquid staking wrapper for the native HWAVE token. Unlike traditional staking where tokens are locked and yield comes from inflation, GWAVE operates on a Loyalty Fund model.

Mechanism: Users stake HWAVE to mint GWAVE.

Value Accrual: The protocol uses 100% of its generated revenue to buy back HWAVE from the open market. These bought-back tokens are distributed to GWAVE holders, causing the value of GWAVE to increase relative to HWAVE over time.

Liquid: GWAVE is a liquid ERC-20 token, meaning it can be used as collateral or traded in DeFi while still earning yield.

Factsheet: Hyperwave [GWAVE]

Feature Details Name Hyperwave (GWAVE) Yield Variable (100% Real Yield from Revenue Buybacks) + Points Sector Real Yield / Liquid Staking / DeFi Chains HyperEVM (Primary), Ethereum, Base Token GWAVE (Staked HWAVE)

Yield Opportunities: The Loyalty Fund

The core yield opportunity lies in the Hyperwave Loyalty Fund. This system is designed to reward long-term holders with non-inflationary yield derived from actual protocol usage.

Buyback & Burn/Distribute: Every week, Hyperwave uses its fees to buy back HWAVE.

Auto-Compounding: You do not need to claim rewards manually. The exchange rate of GWAVE/HWAVE increases, meaning your GWAVE commands more HWAVE when you unstake.

Wave Points: Holding GWAVE often qualifies users for “Community Badges” and boosters for Wave Points, which may be tied to future airdrops or incentives within the Hyperwave ecosystem.

Yield Steps: How to Earn with GWAVE

Follow these numbered steps to start earning real yield on Hyperwave:

Acquire HWAVE: Buy HWAVE tokens on Hyperliquid Spot or a supported exchange like MEXC.

Bridge to HyperEVM: Ensure your tokens are on the HyperEVM network (if bought on a CEX, withdraw to HyperEVM; if on Hyperliquid DEX, you are already there).

Access the App: Navigate to the Hyperwave Interface (app.hyperwavefi.xyz).

Connect Wallet: Connect your Web3 wallet (e.g., Rabby, MetaMask) configured for HyperEVM.

Enter the Vault: Go to the “Stake” or “Loyalty Fund” section and select GWAVE.

Stake HWAVE: Input the amount of HWAVE you wish to stake. Note: Staking may be subject to specific “Windows” or epochs.

Receive GWAVE: Confirm the transaction to mint GWAVE. You are now earning passive real yield!

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post Forget Inflationary Farming: Earn Sustainable Real Yield with Hyperwave’s GWAVE appeared first on Cryptopress.

YouTube has introduced PYUSD payouts for US creators through PayPal’s infrastructure.

The stablecoin, with a market cap over $3 billion, operates on multiple blockchains including Ethereum and Solana.

This development follows regulatory advancements like the GENIUS Act, promoting stablecoin integration in the US economy.

YouTube, the video-sharing platform owned by Google, has quietly rolled out a new payment option allowing US-based creators to receive their earnings in PayPal’s stablecoin, PYUSD. This integration leverages PayPal’s existing infrastructure to handle the cryptocurrency payouts without YouTube directly managing digital assets. The move comes amid increasing mainstream adoption of stablecoins for everyday transactions.

Key details of the integration: According to reports, the feature became available following PayPal’s enablement of PYUSD for mass payments earlier in the year. Creators can now select PYUSD as their preferred payout method in their YouTube settings. This allows for on-chain settlements, potentially offering faster processing times compared to traditional bank transfers, especially for international creators, though currently limited to US users.

PYUSD, launched by PayPal in August 2023 and issued by Paxos Trust Co., maintains a 1:1 peg with the US dollar. Its market capitalization has grown to over $3 billion, reflecting strong demand. The stablecoin has expanded beyond Ethereum to include Solana, and recently to nine additional blockchains via LayerZero, such as Aptos, Avalanche, and Tron. For context, other major stablecoins like Tether (USDT) and USDC dominate the market with combined caps exceeding $200 billion.

Stakeholder perspectives: May Zabaneh, head of crypto at PayPal, confirmed the arrangement is live for American users in a statement to Fortune. Jakob Kronbichler, CEO of Clearpool, noted, “Big Tech like YouTube only adopts new payment rails when they’re operationally mature and low-friction.” He added that this could unlock efficiencies in on-chain finance.

Vedang Vatsa, founder of Hashtag Web3, described it as “a practical first step that other companies might look at as they figure out their own approaches to stablecoins.” Rohan Kohli from Bastion highlighted the role of regulatory clarity, stating, “This regulatory clarity is the foundation we’ve been seeking for a thriving, stablecoin-powered financial system.”

Broader implications: The integration aligns with recent regulatory developments, including President Trump’s signing of the GENIUS Act in July 2025, which provides a federal framework for stablecoins. Experts suggest this could foster institutional confidence and competition in the sector. However, challenges remain, with surveys indicating the stablecoin market may struggle to surpass $360 billion soon due to liquidity issues.

While promising for crypto adoption, users should note potential risks such as volatility in the broader crypto market and the need for KYC compliance when dealing with stablecoins. PayPal emphasizes that PYUSD is backed by dollar deposits and short-term Treasuries, ensuring stability.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post YouTube Enables US Creators to Receive Earnings in PayPal’s PYUSD Stablecoin appeared first on Cryptopress.

For years, people talked about crypto as “the future of money.” But by 2026, it finally stopped being a prediction and became something much simpler – a normal way to pay.

Coffee runs, groceries, travel, bills, the random things people buy throughout the week… crypto has quietly worked its way into all of it. It’s no longer just a digital asset to hold. It’s something people actually spend.

Here are the top five ways crypto is being used in everyday life right now.

1. Shopping Online

People are now using crypto to pay for almost anything – in-store, online, or on the go. Retailers that accept major cryptocurrencies like Bitcoin, Ethereum, or stablecoins continue to grow. But the real game-changer is the crypto card. It instantly converts crypto to local currency, so it works anywhere a regular card is accepted.

Electronics, clothing, takeout, subscriptions, and even luxury items – if a store can take a card, people can pay with their crypto. No cashing out, no extra steps.

2. Traveling Without Limits

Crypto has made travel a lot easier. Flights, hotels, taxis, and rentals can be paid with crypto on supported platforms, which means no waiting in currency exchange lines or dealing with surprise fees. And when a place doesn’t take crypto directly, a crypto card comes in handy.

A card like KAST stands out because it works at merchants that put holds on cards – hotels, rental companies, gas stations. Many prepaid-style crypto cards get declined in these situations, but KAST isn’t restricted the same way, making it more reliable for frequent travelers.

3. Everyday Spending

People now use crypto for day-to-day essentials without thinking twice. They fund their card, tap or swipe, and the payment works like any other.

Most everyday users stick to stablecoins such as USDC or USDT because they’re pegged to the dollar. That makes budgeting simple and avoids the price swings that come with regular crypto.

Platforms like KAST let people spend stablecoins directly, so users always know how much exactly they’re spending and what’s left in their account.

4. Paying for Services

Anyone who’s tried sending money overseas through traditional banks knows the pain – delays, fees, failed transfers, timezone issues. And when the payment finally lands, the poor person barely gets the full amount.

Crypto makes it so much easier. Transfers usually settle within minutes, with fewer fees and no timezone delays.

This makes it a practical choice for hiring contractors, creatives, and remote workers globally. Once people get used to using crypto for services, it often becomes their preferred method for other recurring payments as well.

It’s a borderless way to pay for services without dealing with slow, old-school banking hurdles.

5. Paying Bills and Subscriptions

Bills aren’t fun, but paying them with crypto makes life a lot easier. Phone plans, internet, insurance, utilities, streaming services, gym memberships, even rent in some cases – many of these can now be paid with crypto. It’s super helpful, especially for people who travel or work remotely.

With KAST, it’s even more convenient because recurring charges can be pulled straight from a user’s crypto balance automatically. After it’s set up once, payments run month after month without extra work – so there’s no “oops, I forgot” moments.

Why You’ll Love Making Purchases With Crypto

The best part about actually using crypto? It feels natural. People aren’t just holding it and waiting anymore – they’re actually spending it on things they need every day. And many platforms reward this shift.

With KAST, for example, users can earn up to 10% back in KAST Points on eligible purchases. It’s a simple, practical upgrade to how one manages money.

Crypto finally fits into everyday life – easy to use, quick to spend, and rewarding at the same time. For anyone ready to go beyond just holding crypto, try KAST. It’s more than a card – it’s a crypto-friendly neobank designed for real-world use.

Discover how KAST makes crypto ready for everyday life.

By Juan Mende. In collaboration with Kast.

I’m a technology enthusiast with a passion for Bitcoin, blockchain, and cryptocurrencies . A former lawyer with a degree in marketing. I create content for various digital initiatives. Currently, I’m the editor of Cryptopress and a marketer for cryptocurrency companies.

The post The Top 5 Ways to Actually Use Your Crypto in 2026 appeared first on Cryptopress.

The Federal Reserve has lowered its benchmark interest rate by 0.25 percentage point and indicated it is ready to reduce rates further if economic conditions deteriorate, while inflation remains above its 2% target. The move marks another step away from the aggressive tightening of recent years and toward a more balanced stance between inflation risks and a cooling labor market.

The Key Decision

The Federal Open Market Committee (FOMC) cut the target range for the federal funds rate to 3.5–3.75%, a reduction of 0.25 percentage point.

The decision was not unanimous: some policymakers argued for a larger cut, while others preferred no cut, underscoring internal disagreement over how fragile the economy is and how persistent inflation may prove.​

What It Says About the Economy

The Fed’s statement describes economic growth as “moderate,” with job gains slowing and unemployment edging higher, signaling that the labor market is gradually losing momentum.

Inflation has picked up compared with earlier in the year and remains “somewhat elevated,” meaning price pressures have not fully aligned with the central bank’s 2% goal.

How the Fed’s Stance Changed

Policymakers now see greater downside risk to employment and emphasize that uncertainty around the outlook has increased, justifying a modest easing of policy.

The Fed stresses that future moves—whether more cuts, a pause, or even a reversal—will depend on incoming data on growth, jobs, inflation and financial conditions, reinforcing its data‑dependent approach.

Balance Sheet and Liquidity

The Fed judges that bank reserves are now at “ample” levels and will buy shorter‑term Treasuries as needed to keep reserves ample over time.

In practice, this means the central bank is effectively ending the active shrinking of reserves and moving into a steady‑state system, adding liquidity when necessary to keep money markets functioning smoothly.

What It Can Mean for You and Markets

Over time, a lower federal funds rate tends to put mild downward pressure on borrowing costs for mortgages, consumer loans and business credit, and can support asset prices, although the impact will depend on how banks and markets respond.

With inflation still somewhat high and the Fed clearly data‑dependent, traders are likely to see this as the start of an easing cycle, but not a rush back to ultra‑low rates unless the economy weakens more sharply from here

The post Fed Cuts Rates by 0.25 Point and Opens Door to More Easing appeared first on Cryptopress.

The American Federation of Teachers (AFT) has called on the US Senate to abandon the Responsible Financial Innovation Act, citing significant risks to retirement security.

The union argues the bill strips safeguards from crypto assets and weakens protections for traditional securities, allowing tokenized stocks to evade regulation.

Sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, the legislation seeks to establish a federal framework for digital assets amid ongoing negotiations.

The American Federation of Teachers, representing 1.8 million members, has urged the US Senate to withdraw the Responsible Financial Innovation Act, a key crypto market structure bill. In a letter from AFT President Randi Weingarten, the union highlighted profound risks to pensions and the broader economy. The bill, updated with a new discussion draft in September 2025, aims to define regulatory oversight for digital assets between the SEC and CFTC.

Weingarten’s letter emphasizes that the legislation fails to provide adequate guardrails for crypto’s inherent risks. Instead, it erodes protections for traditional securities, potentially allowing non-crypto companies to tokenize shares on blockchain without standard registration or reporting requirements. This loophole could expose retirement funds, including 401(k) plans, to unsafe assets and fraud.

Teachers Oppose Bill US teachers union calls for withdrawal of Senate crypto market structure bill.

— Cryptopress (@CryptoPress_ok) December 10, 2025

“Rather than providing desperately needed regulation and commonsense guardrails, this bill exposes working families—families with no current involvement in or connection to cryptocurrency—to economic risk and threatens the stability of their retirement security,” Weingarten wrote in the letter.

The AFT warns that passing the bill could lay the groundwork for the next financial crisis by doing little to curb illegal activities in crypto markets. Similar concerns have been echoed by the AFL-CIO, underscoring broader labor opposition. Democrats, whose votes are crucial for passage, have expressed reservations over tokenization provisions and potential regulatory gaps.

On the other side, proponents like Senator Lummis argue the bill offers much-needed clarity for the crypto industry, establishing uniform standards for exchanges, brokers, and token issuers. However, negotiations remain contentious, with some crypto stakeholders withdrawing support to avoid concessions, according to Decrypt.

The bill’s fate could impact how digital assets integrate into mainstream finance, but critics highlight risks to investor protections. As Senate leaders aim for a vote by early 2026, the AFT’s intervention adds pressure amid a divided Congress.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post US Teachers’ Union Urges Senate to Withdraw Crypto Market Structure Bill Over Retirement Risks appeared first on Cryptopress.

In a year marked by significant strides in cryptocurrency policy, Coinbase CEO Brian Armstrong has emerged as a vocal advocate for comprehensive regulatory frameworks. His recent statements highlight the urgency of passing market structure legislation, emphasizing how such measures could solidify America’s position as a global leader in digital assets.

Progress in Stablecoin Legislation and Beyond

Armstrong has celebrated the advancements made in 2025, particularly with the passage of stablecoin legislation, which he credits for driving growth in the U.S. crypto sector. “We made huge progress on regulatory clarity for crypto in 2025 with stablecoin legislation, and this is already driving growth in the U.S.,” Armstrong stated in a recent post. He further stressed the need for additional reforms, noting that landing market structure legislation like the CLARITY Act would provide a robust foundation for future financial services.

The CLARITY Act aims to establish clear legal definitions and responsibilities for crypto exchanges, token issuers, and other participants in the digital asset ecosystem. Armstrong’s optimism stems from bipartisan momentum, with hopes for a Senate vote soon. He argues that Washington is closer than ever to implementing reforms by December 2025, which would clarify distinctions between commodities and securities, and set rules for trading platforms.

Intensive Lobbying and Bipartisan Engagements

Armstrong’s hands-on approach includes meeting with 25 senators in just 48 hours to push for regulatory clarity. He reported high urgency and momentum, even amid a government shutdown, underscoring the commitment from both parties to create rules that protect consumers while fostering innovation. “We’re 90% there,” he remarked, highlighting that the remaining challenges center on decentralized finance (DeFi), where policymakers seek to regulate centralized intermediaries without stifling protocols.

He remains bullish on the bill advancing out of committee by Thanksgiving and being signed by year-end, viewing it as a “freight train” of bipartisan support. Armstrong warns that banks resisting crypto integration risk being left behind, as partnerships like Coinbase’s collaborations with major U.S. banks on stablecoin pilots demonstrate growing mainstream adoption.

Stablecoins as a Catalyst for Growth

A key focus of Armstrong’s advocacy is the explosive potential of stablecoins. Coinbase anticipates the market expanding to $1.2 trillion by 2028, fueled by clearer regulations and innovative applications. Recent initiatives, such as collaborations with Citi to enhance stablecoin utility and digital asset adoption, reflect this vision. Armstrong envisions stablecoins updating the global financial system, enabling faster, cheaper payments and broader economic freedom.

Who is Brian Armstrong?

Brian Armstrong is the co-founder and CEO of Coinbase, one of the world’s largest cryptocurrency exchanges. Under his leadership, Coinbase has grown into a pivotal player in the crypto industry, advocating for regulatory clarity to promote innovation and consumer protection. Armstrong is also involved in ventures like ResearchHub and New Limit, focusing on scientific research and longevity. His efforts extend to policy influence, where he actively engages with lawmakers to shape the future of digital assets.

From his official X account, a recent tweet encapsulates his stance: “We made huge progress on regulatory clarity for crypto in 2025 with stablecoin legislation, and this is already driving growth in the U.S. If we can land market structure legislation next (CLARITY, or the like), it will be a strong foundation to build the future of financial services in the U.S.”

Looking Ahead: The Impact of Regulatory Clarity

Armstrong’s statements underscore a transformative period for cryptocurrencies. With potential capital inflows boosted by clear rules, he predicts bitcoin could reach $1 million by 2030, driven by ETF flows, regulatory certainty, and institutional interest. As the Senate considers the CLARITY Act, the crypto community watches closely, hopeful for a framework that unlocks further innovation.

For more reading, check out these related articles from Cryptopress.site:

Senate Democrats Reaffirm Commitment to Crypto Market Bill

Crypto.com vs. SEC: The Battle for Crypto Regulation

The post Brian Armstrong Champions Crypto Clarity: Urging Swift Action on U.S. Regulation appeared first on Cryptopress.

Circle has secured a full Financial Services Permission license from ADGM’s FSRA to operate as a Money Services Provider in Abu Dhabi.

The company appointed Dr. Saeeda Jaffar, a former Visa executive, as Managing Director for the Middle East and Africa.

This regulatory milestone positions Circle to expand USDC-based payment and settlement services across the UAE, bolstering the region’s digital finance ecosystem.

Circle, the issuer of the $78 billion USDC stablecoin, has secured a pivotal regulatory license in Abu Dhabi, marking a significant step in its Middle East expansion strategy.

The Financial Services Permission (FSP) from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) allows Circle to operate as a Money Services Provider within the international financial center.

This approval enables Circle to offer regulated payment and settlement services using USDC, a dollar-pegged stablecoin designed for stability in contrast to more volatile assets like Bitcoin and Ethereum.

With this license, businesses, developers, and financial institutions in the UAE can leverage USDC for efficient, onchain transactions, potentially streamlining cross-border payments in a region known for high remittance flows.

Circle expands its regulatory footprint in the UAEAnnounced at Abu Dhabi Finance Week:→ Secured an @ADGlobalMarket FSRA Financial Services Permission to operate as a Money Services ProviderThis milestone builds on USDC and EURC being the first stablecoins recognized by… pic.twitter.com/BCSDOpo3mb

— Circle (@circle) December 9, 2025

Strategic Leadership Hire: To spearhead operations, Circle has appointed Dr. Saeeda Jaffar as Managing Director for the Middle East and Africa (MEA). Jaffar, who joins from Visa where she oversaw the Gulf Cooperation Council as Senior Vice President and Group Country Manager, brings extensive experience in payments and financial strategy. Her role will focus on forging institutional partnerships and promoting the adoption of digital dollars and blockchain-based infrastructure across the UAE and broader MEA markets.

“Regulatory clarity is the foundation of a more open and efficient internet financial system,” said Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle. He praised ADGM’s framework for its emphasis on transparency, risk management, and consumer protection, which he believes enables stablecoins like USDC to facilitate real-world finance at scale.

The announcement aligns with the UAE’s ambitions to become a global leader in regulated digital assets. Arvind Ramamurthy, Chief Market Development Officer at ADGM, noted that Circle’s presence reinforces Abu Dhabi’s efforts to build a trusted ecosystem for digital finance. This follows recent approvals for other major players, including Tether’s recognition for USDT across multiple blockchains and Binance’s authorization for exchange, clearing, and brokerage services set to launch in January 2026. 

Market Context and Risks: The UAE has emerged as a hub for crypto innovation, with clear rules for fiat-referenced tokens and support for yield-bearing stablecoins. However, industry observers highlight potential challenges, such as evolving regulatory requirements and competition from established players. Circle’s earlier recognition of USDC and EURC under Dubai’s DFSA regime complements this ADGM license, providing comprehensive coverage across key UAE financial zones.

Circle’s stock (NYSE: CRCL) closed down 1.94% at $83.96 on Monday, reflecting a 22% decline over the past six months amid broader market pressures. Despite this, the company’s regulatory-first approach positions it well for long-term growth in emerging markets like the UAE.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post Circle Secures ADGM License to Drive USDC Expansion in UAE appeared first on Cryptopress.

Quick Take

Harvard Management Company held 6,813,612 shares of BlackRock’s IBIT worth $442.8 million as of Sept. 30, 2025.

This represents a 257% increase from 1.9 million shares valued at approximately $116 million in Q2.

IBIT became Harvard’s largest disclosed U.S. equity position, surpassing stakes in tech giants like Microsoft and Amazon.

The university also nearly doubled its gold ETF holdings to $235 million.

Harvard University has markedly expanded its cryptocurrency exposure through a substantial increase in holdings of BlackRock’s iShares Bitcoin Trust (IBIT), the leading spot Bitcoin ETF.

According to a 13F filing with the U.S. Securities and Exchange Commission, Harvard Management Company, which oversees the university’s roughly $57 billion endowment, reported owning 6,813,612 shares of IBIT valued at $442.8 million as of September 30, 2025. This marks a 257% surge from the 1,906,000 shares worth about $116 million disclosed at the end of the previous quarter.

The position now ranks as Harvard’s top U.S.-listed equity holding in the filing and its largest quarterly increase, according to Bloomberg ETF analyst Eric Balchunas. “It’s super rare/difficult to get an endowment to bite on an ETF—esp a Harvard or Yale, it’s as good a validation as an ETF can get,” Balchunas noted in an X post.

Despite representing less than 1% of the overall endowment, the allocation underscores growing institutional comfort with regulated Bitcoin products. Spot Bitcoin ETFs, launched in January 2024, provide traditional investors exposure without direct custody requirements.

Harvard also boosted its exposure to traditional safe-haven assets, increasing shares in the SPDR Gold Shares ETF (GLD) from around 333,000 to 661,391, valued at $235 million—a near-doubling. Bitwise CIO Matt Hougan highlighted this as a “debasement trade,” with Bitcoin receiving roughly twice the allocation of gold.

Other institutions showed similar trends in Q3 filings, including Emory University expanding its Bitcoin ETF positions and Abu Dhabi’s Al Warda Investments raising its IBIT stake to over $517 million.

While Bitcoin’s price has faced volatility since September, with recent declines pushing IBIT’s value lower for holders, these disclosures reflect longer-term conviction among sophisticated investors.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post Harvard University Significantly Increases Stake in BlackRock’s Spot Bitcoin ETF to $443 Million appeared first on Cryptopress.

Bitcoin’s Volatile December: Fed Cut Hopes Drive Rebound Amid Lingering Caution

The cryptocurrency market in early December 2025 remains highly volatile, with Bitcoin (BTC) reclaiming $92,000 on December 8 amid strong expectations for a Federal Reserve rate cut. After plunging to lows near $80,000 in late November—erasing much of the post-election rally—BTC has staged a partial recovery, trading around $91,000-$93,000. This rebound reflects shifting macro dynamics, including a 95% priced-in probability of a 25bps cut this week, which could inject liquidity and support risk assets.

Fed Rate Cut Expectations and Macro Impact

The primary driver moving markets this week is the anticipated Federal Reserve interest rate decision. Markets are nearly certain of a third 25bps cut in 2025, with CME FedWatch showing 95% odds as of December 7. Lower rates typically weaken the dollar and make yield-bearing assets less attractive, channeling capital into high-risk plays like crypto.

This catalyst arrives as BTC shows signs of bottoming after a 35% drop from its October peak near $126,000. On-chain data indicates leverage has been flushed, long-term holders are accumulating, and whale OTC buys exceed 5,200 BTC recently. Analysts note the correction mirrors mid-cycle resets in prior bull markets (e.g., 2017, 2021), not the start of a bear winter. A confirmed cut could propel BTC toward $100,000+ by year-end, especially with improving global liquidity and institutional inflows resuming. However, hawkish surprises or persistent inflation could reignite downside pressure, keeping volatility elevated.

Other news:

Positive

Institutional adoption accelerates: Vanguard allows crypto ETF access for clients; Bank of America permits up to 4% portfolio allocations.

Whale accumulation strong despite ETF outflows, signaling confidence from big players.

Regulatory clarity advances: UK treats crypto as inheritable property; positive developments in South Korea.

Neutral

Market fear & greed index remains low at ~24, reflecting cautious sentiment.

December historically quiet for BTC performance, with mixed returns.

Negative

Record ETF outflows: BlackRock’s IBIT loses billions in recent weeks, driven by basis trade unwinds.

Broader sell-off erased trillions in market cap since October highs.

On-chain stress echoes early 2022 patterns, with rising supply in loss.

What coins are moving the most lately? Movers, buying opportunities

Bitcoin dominates recent movement, rebounding over 10% from late-November lows near $80,000 to above $92,000, driven by Fed cut bets. Altcoins have lagged, with many still down 30-40% from peaks. Ethereum (ETH) showed relative strength with 3%+ daily gains but remains volatile.

No clear standout buying opportunities amid ongoing caution and potential for further deleveraging. Institutional shifts (e.g., Vanguard access) support long-term BTC holding, but short-term risks persist. As no strong buy signals emerge beyond dips, focus shifts to Bitcoin’s price evolution for context.

The post Crypto Weekly Snapshot – Fed Cut Hopes Drive Rebound appeared first on Cryptopress.

Coinbase has relaunched its app in India, allowing new sign-ups and crypto-to-crypto trading after over two years of suspension.

The exchange aims to introduce fiat on-ramps in 2026, enabling direct purchases using Indian rupees.

This move comes amid India’s leading position in global crypto adoption, despite stringent taxes and regulations.

Coinbase has made a significant return to the Indian market by resuming user onboarding after a prolonged hiatus triggered by regulatory challenges.

The relaunch permits Indian users to register and conduct crypto-to-crypto trades, including popular currencies such as Bitcoin and Ethereum, but fiat deposits are slated for reintroduction in 2026.

According to The Block, Coinbase’s comeback follows its registration with India’s Financial Intelligence Unit (FIU) for anti-money laundering compliance, mirroring steps taken by peers like Binance.

LATEST: Coinbase is returning to India after a 2-year exit, reopening sign-ups and crypto trading. pic.twitter.com/rDDSYuQs4y

— Cointelegraph (@Cointelegraph) December 8, 2025

The exchange’s troubles in India began in April 2022 when it disabled Unified Payments Interface (UPI) support shortly after launch due to resistance from the National Payments Corporation of India (NPCI). By September 2023, Coinbase had fully ceased operations and off-boarded millions of users to start afresh.

John O’Loghlen, Coinbase’s APAC director, highlighted the strategy at India Blockchain Week: “We had millions of customers in India, historically, and we took a very clear stance to off-board those customers entirely from overseas entities… it wasn’t without some hesitation,”.

India’s crypto landscape remains challenging with a 30% tax on gains without loss offsets and a 1% tax deducted at source (TDS), which have dampened trading activity. O’Loghlen expressed optimism for policy changes to encourage broader participation.

Coinbase is bolstering its local presence through investments, including funding in Indian exchange CoinDCX at a $2.45 billion valuation, and employs over 500 staff in India with plans for further hiring, as noted by CoinGape.

The development has garnered attention on social media, with Cointelegraph posting on X about the relaunch, underscoring its importance for crypto adoption in the region.

While this could enhance accessibility, potential risks from evolving regulations warrant caution for investors.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post Coinbase Reopens in India After Two-Year Hiatus appeared first on Cryptopress.

Consob mandates that VASPs apply for CASP authorization under MiCA by December 30, 2025, or cease operations in Italy.

Applying firms may continue services during review, up to June 30, 2026.

Italy’s Macroprudential Policy Committee has started an in-depth assessment of crypto risks to retail investors due to growing ties with traditional finance.

Italy’s financial regulator, Consob, has issued a critical reminder to cryptocurrency firms operating in the country, emphasizing the need to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation by the end of the year.

Under the transitional provisions, virtual asset service providers (VASPs) registered with Italy’s Organismo Agenti e Mediatori (OAM) can operate until December 30, 2025, but must submit applications to become crypto-asset service providers (CASPs) by that date to avoid shutdown, as detailed in Consob’s recent statement.

Firms that apply on time may continue serving customers while their applications are reviewed, with operations permitted until approval, rejection, or no later than June 30, 2026. Non-applicants must terminate contracts, return client assets, and communicate clear exit strategies to users.

This guidance follows Consob’s earlier communications, including a specific warning sent to unregistered VASPs on October 31, 2025.

In a related development, Italy’s Committee for Macroprudential Policies—comprising Consob, the Bank of Italy, and other authorities—convened on December 5, 2025, to address emerging vulnerabilities from crypto assets’ integration with the financial system.

“Diverging crypto regulation does create real risks,”

Ruchir Gupta

The committee highlighted concerns over regulatory fragmentation globally and the lack of visibility into risks, noting that about 75% of major Bitcoin (BTC) holders are U.S.-based, limiting eurozone oversight.

An in-depth review of retail investors’ direct and indirect exposure to crypto has been launched, driven by recent market surges and policy shifts, such as those in the U.S. following political changes.

Experts warn of potential systemic risks. Ruchir Gupta from Gyld Finance stated, “Diverging crypto regulation does create real risks,” pushing activities into less-supervised areas.

The moves signal Europe’s push for stricter supervision under MiCA, which could increase compliance costs but provide regulatory certainty for firms dealing in assets like Ethereum (ETH). While enhancing investor protection, this may lead to market consolidation as smaller players struggle to adapt.

Investors are advised to verify providers’ status via official registers to mitigate risks during this transition.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post Italy Warns Crypto Firms of MiCA Deadline appeared first on Cryptopress.

Quick Take

Cloudflare’s global outage struck early December 5, 2025, causing widespread 500 errors and downtime for crypto platforms.

Centralized exchanges including Coinbase, Kraken, and Upbit were inaccessible, halting trading for users worldwide.

DeFi user interfaces for protocols like Uniswap and analytics tools such as DeFiLlama faced disruptions, though blockchains remained operational.

The incident, resolved within an hour, highlights vulnerabilities in crypto’s dependence on third-party cloud providers like Cloudflare.

Experts call for greater decentralization in front-end infrastructure to mitigate future risks.

A brief but impactful outage at Cloudflare rippled through the cryptocurrency ecosystem on December 5, 2025, knocking out access to several major platforms. The disruption, which began around 9:00 a.m. GMT, stemmed from issues in Cloudflare’s control panel and APIs, leading to server errors across its network that powers roughly 20% of global web traffic.

Centralized exchanges bore the brunt of the fallout. Users attempting to log into Coinbase and Kraken encountered 505 internal server errors, preventing trades and account access during peak hours. Other affected platforms included Upbit and CoinDCX, where trading volumes ground to a halt. “This is a stark reminder that even in crypto, we’re not immune to centralized points of failure,” said David Schwed, COO of SovereignAI, emphasizing the sector’s infrastructure vulnerabilities.

DeFi protocols were similarly hampered, with front-end interfaces for decentralized exchanges like Uniswap becoming unresponsive. Analytics dashboards, including DeFiLlama, and block explorers such as Arbiscan, flashed error messages, frustrating users reliant on real-time data for on-chain activities. Importantly, the underlying blockchains—including Ethereum and Bitcoin—continued processing transactions without interruption, as the outage was confined to web-facing services.

Cloudflare acknowledged the problem on its status page at 8:56 a.m. GMT, attributing it to a fix for a recent React security vulnerability that inadvertently disabled logging and triggered the cascade. By 9:12 a.m., the company rolled out a mitigation, restoring services within about 40 minutes. Cloudflare shares dipped 2% in early trading, reflecting investor concerns over recurring reliability issues—this marks the second major outage in under three weeks, following a November 18 incident.

The event reignited debates on decentralization in crypto infrastructure. While blockchains promise resilience, many projects still lean on centralized providers for content delivery networks (CDNs) and DDoS protection. Community sentiment on X echoed frustration, with users like @WuBlockchain highlighting the irony: “DeFi outages from a Web2 giant—time to build truly decentralized front-ends.” Initiatives like Filecoin’s decentralized cloud storage are gaining traction as alternatives to reduce such dependencies.

For traders and investors, the outage served as a cautionary tale. Market volatility remained contained, with Bitcoin holding above $90,000, but delayed access could have amplified risks during sudden swings. As the industry matures, prioritizing redundant, distributed systems will be key to safeguarding user funds and operations.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

Sources: TheStreet Crypto CNBC CoinDesk

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Imagine scrolling through your trading app, spotting a perpetual futures contract for Tesla stock or Nvidia shares—not on a traditional Wall Street platform, but right there on a blockchain, with fees so low they feel like a glitch. That’s the promise Hyperliquid is chasing with its latest upgrades. As decentralized finance (DeFi) heats up, platforms like Hyperliquid are making high-stakes trading accessible to anyone with a wallet, not just institutional whales. But high costs were holding back the party. Enter HIP-3 and its new “Growth Mode”—a smart fix that’s already sparking billions in volume.

In simple terms, Hyperliquid is a Layer 1 blockchain and decentralized exchange (DEX) built for perpetual futures, or “perps.” These are derivative contracts letting traders bet on asset prices without owning the underlying item, like crypto or stocks, with no expiration date. HIP-3 lets everyday builders create these markets permissionlessly, but early versions were pricey, scaring off traders. Growth Mode, launched in late November 2025, slashes those fees by 90% or more to kickstart activity. It’s a classic DeFi move: lower barriers, boost liquidity, and watch the ecosystem grow. Let’s break it down step by step, like explaining a new recipe to a friend who’s never cooked.

Growth Mode slashes fees by 90% or more to kickstart activity.

HIP-3 Simple Explanation

Here is a simple explanation of the situation with Hyperliquid’s HIP-3 and the new Growth Mode:

The Goal: More Markets, More Assets

Hyperliquid is a major decentralized exchange (DEX) for perpetual futures (perps). Perps let you bet on the future price of an asset.

HIP-3 is a recent update that allows almost anyone (who stakes a large amount of $HYPE tokens, currently 500,000 $HYPE, worth around $19.3 million) to launch their own perpetual futures market on the Hyperliquid platform.

The Big Idea: This opens the door for trading a much wider variety of assets beyond typical crypto, such as tokenized stocks (like TSLA-USDH or NVDA), commodities, or even indices (like the TradeXYZ NVDA perpetual contract).

The Problem: High Costs Stalled Growth

HIP-3 markets were initially designed with higher trading fees than Hyperliquid’s standard markets to ensure the new market creators (called “deployers” or “builders”) and the protocol both earned revenue.

The Result: These higher fees made the new markets “expensive to trade,” which discouraged traders from using them. This led to low liquidity (not enough supply/demand) and light trading activity on the new, innovative markets.

The Solution: Growth Mode’s Fee Cut

Growth Mode is a new feature for HIP-3 markets that directly addresses the cost issue.

How it Works: It drastically cuts the all-in trading fees for new perp markets by at least 90%.

For example, standard taker fees (before discounts) might be around 0.045%, but with Growth Mode, they can drop to a range of 0.0045%–0.009%.

For top-tier traders with maximum discounts, the fee can go even lower, potentially to 0.00144%–0.00288%.

The Goal: By making trading much cheaper, Growth Mode gives users a stronger incentive to trade on these new markets, helping them attract more traders and build up liquidity.

This allows the new HIP-3 markets (like those listing stocks) to finally compete on cost with other platforms.

Key Statistics from the Text

HYPE Staking Requirement for HIP-3: 500,000 HYPE tokens (approx. $19.3 million USD).

Fee Reduction: At least 90% for new markets in Growth Mode.

Hyperliquid Total Value Locked (TVL): Around $4.5 billion.

Hyperliquid Trading Volume (Last 30 Days): $264 billion.

Hyperliquid Trading Volume (Last 24 Hours): About $9.5 billion (holding 3rd place on the day).

Top HIP-3 Protocol (TradeXYZ) 24-Hour Volume: $200 million.

Top HIP-3 Protocol (TradeXYZ) Open Interest (OI): $103 million (new all-time high).

Top Perp DEX by Trading Volume Today: Aster with just over $11.5 billion.

Real-World Wins and the Bigger Perps Boom

Growth Mode isn’t theory; it’s delivering. TradeXYZ, top HIP-3 protocol by volume, crossed $200M daily amid Nvidia hype—proof decentralized perps can handle earnings-season frenzy. HIP-3’s total volume? Over $5B in weeks, with $3M daily fees for Hyperliquid. That’s real demand for on-chain stocks, echoing how dYdX pioneered crypto perps but now Hyperliquid eyes TradFi’s lunch.

The mania extends chain-wide: Aster’s token hit $1.9B cap post-launch, Lighter topped volumes in November. Hyperliquid’s $264B 30-day volume (as of late November) underscores the shift—traders want speed, low costs, and composability (mixing perps with lending, like Felix’s USDH margins).

Risks and Challenges: Not All Smooth Sailing

No DeFi upgrade is perfect. Growth Mode trades short-term revenue for long-term volume—Hyperliquid sacrifices 90% of HIP-3 fees, pressuring $HYPE buybacks amid unlocks (9.92M tokens, ~$320M, hit November 29, with $11.9B vesting over 24 months). $HYPE dipped 6% post-launch to under $40, reflecting supply jitters.

Why This Fuels Crypto’s Future

Growth Mode positions Hyperliquid as DeFi’s innovation lab, blending crypto’s openness with TradFi’s depth. Expect more wild assets: tokenized yields, FX, even niche indices. As volumes climb (HIP-3 staking data will be key), it could flip market share from CEXs, especially in emerging markets hungry for borderless tools.

For beginners: Start small on Hyperliquid’s testnet to grasp perps. Intermediates, eye HIP-3 launches for alpha—stake $HYPE if you’re bullish, or trade low-fee equities for diversification. Risks like leverage amplify losses, so use stop-losses and never bet the farm.

In a world of fleeting trends, upgrades like this remind us DeFi’s power: democratizing tools once reserved for suits. Hyperliquid isn’t just fixing fees—it’s building the on-chain economy’s trading floor.

Key Takeaways:

HIP-3 empowers anyone to launch perps with a big $HYPE stake, expanding beyond crypto.

Growth Mode cuts fees 90%+ to ignite liquidity in new markets.

Early results: $5B+ HIP-3 volume, records in OI and fees.

Watch for $HYPE unlocks, but long-term, it’s a bet on DeFi derivatives.

Subscribe to Cryptopress.site for more breakdowns on DeFi innovations.

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Grayscale has launched the Chainlink Trust ETF (GLNK) on NYSE Arca, offering direct spot exposure to LINK for U.S. investors.

The ETF recorded approximately $41 million in net inflows on its debut day, with trading volume reaching $13 million.

Chainlink’s native token LINK surged up to 8% following the launch, outperforming the broader crypto market.

Grayscale Investments debuted its Chainlink Trust ETF on the NYSE Arca, converting an existing trust into the first spot exchange-traded product focused on Chainlink’s oracle network.

The ETF, ticker GLNK, provides investors with passive exposure to LINK, the token powering Chainlink’s decentralized oracle services that connect blockchains to real-world data. Originally launched as a private placement in February 2021, the trust’s conversion aims to broaden access for institutional and retail investors through traditional brokerage accounts.

Grayscale Chainlink ETF Grayscale has introduced a Chainlink ETF on NYSE Arca, emphasizing its oracle technology.

— Cryptopress (@CryptoPress_ok) December 4, 2025

On its first trading day, December 3, 2025, the ETF attracted $41 million in net inflows, pushing assets under management to around $64 million. Trading volume hit $13 million, signaling robust initial interest despite recent crypto market downturns.

Bloomberg ETF analyst James Seyffart called the performance “very good for a new launch,” noting its impressiveness given the broader market’s challenges over the past months. Analyst Eric Balchunas described it as “another insta-hit,” highlighting that only the Dogecoin ETF has underperformed among recent crypto launches.

Grayscale CEO Peter Mintzberg stated that the launch represents “a clear signal of broader market demand for Chainlink exposure,” underscoring growing institutional interest in oracle networks essential for DeFi and tokenization.

The debut coincided with a price rally in LINK, which climbed about 8% to $14.40, with trading volumes spiking 180% above average. On-chain data shows whales accumulating 4.73 million LINK in the 48 hours prior, reflecting confidence in the token’s utility. Chainlink oracles support various assets, including stablecoins like DAI and governance tokens such as UNI.

Grayscale’s $LINK ETF launch on NYSE Arca boosts Chainlink’s visibility & sparks a bullish trend. Could this fuel a climb to $50?#Chainlink #CryptoInvesting https://t.co/k3QgjXjhKq

— CryptoTicker (@CryptotickerIo) December 4, 2025

However, analysts warn of potential volatility. Some whales may sell to realize profits, creating selling pressure that could temper short-term gains despite the ETF’s positive momentum.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

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Strategy discusses potential MSCI index removal with the index provider amid concerns over its Bitcoin treasury.

Analysts warn of up to $8.8 billion in outflows if exclusion occurs across major indices.

Bitcoin rebounds above $90,000, pushing crypto market cap over $3 trillion despite ongoing uncertainties.

Strategy Inc., formerly MicroStrategy, is actively engaging with MSCI regarding its potential removal from key equity indices due to its substantial Bitcoin (BTC) holdings. The company, which holds over 650,000 BTC, faces scrutiny under MSCI’s proposed reclassification of digital asset treasury companies as fund-like entities rather than operating businesses. This development comes as Strategy’s stock has declined sharply in recent weeks.

Potential outflows loom large. JPMorgan analysts estimate that an MSCI exclusion could trigger $2.8 billion in outflows, with total potential losses reaching $8.8 billion if other index providers follow suit. The Block reports that Strategy’s inclusion in indices like Nasdaq-100 and MSCI World has allowed indirect Bitcoin exposure for institutional investors.

Despite the pressure, Strategy’s executive chairman Michael Saylor remains steadfast. “Conviction in Bitcoin is unwavering,” Saylor stated in response to the threats. The company’s Bitcoin strategy has been a cornerstone, with recent purchases adding to its massive reserves.

Market rebounds amid uncertainty. Bitcoin (BTC) climbed back above $90,000 on December 2, 2025, helping the overall crypto market cap surpass $3 trillion. This recovery follows a dip influenced by the MSCI consultation, which began in October and will conclude by year-end, with a decision expected January 15, 2026. CoinDesk notes that the proposal has created a structural overhang, contributing to recent volatility.

Analysts highlight risks but maintain neutrality. While exclusion could limit Strategy’s capital-raising abilities, some see it as a short-term hurdle. For more on Strategy’s Bitcoin approach, see Strategy Unveiled on CryptoPress.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

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Shiny Coins #2 – December Dip: Fed Signals and Elon Boosts Spark Selective Green Amid Broader Bleed

The crypto winter nobody ordered has deepened into December, with Bitcoin cratering below $86,000 after a savage 8% intraday plunge that vaporized $140 billion in market cap overnight. Ethereum’s scraping $2,720, Solana’s nursing wounds at $140-ish, and the total market cap hovers around a shaky $2.9 trillion – down another 4% this week alone, erasing most of November’s fragile gains. Bitcoin dominance has slipped to 57%, a rare sign of altcoin rotation even in the carnage, while the Crypto Fear & Greed Index wallows at a bone-chilling 8 (extreme fear, the lowest since the 2022 bear market lows). Macro headwinds like Japan’s surprise rate hike, a DeFi exploit at Yearn.finance draining $50M, and ETF outflows topping $1B have degens hitting the panic button – but wait, the Fed’s QT ends today (Dec 1), Jerome Powell’s speech could drop rate-cut hints at 86% odds for December, and Elon Musk just doubled down on BTC as “energy-backed currency” in a bombshell interview.

This week’s shiny coins? The survivors defying the bloodbath: narrative beasts like XRP riding ETF launches, Solana’s ecosystem grind, and AI holdouts refusing to fold. In extreme fear, we’ve seen this movie before – capitulation bottoms birth the biggest bounces. Whales are nibbling (on-chain shows 21K+ BTC scooped up quietly), and with liquidity injections looming, these picks could flip from red to rocket fuel fast.

The Shiny Coins Right Now

#1 XRP ($XRP) – $2.02 (+12% 7d)XRP’s the undisputed champ this week, shrugging off the market rout with a fresh ETF launch from 21Shares (ticker TOXR) pulling $666M in inflows already. Ripple’s cross-border narrative heats up post-SEC truce vibes, and on-chain payments hit yearly highs amid ISO 20022 bank integrations. Key metric: Weekly volume up 150%, dwarfing majors. Short-term outlook: Very Bullish – $3 in sight if Powell greenlights cuts.

#2 Solana (SOL) – $142 (+8% 7d)While everything dumps, Solana’s DEX volume ticked up 20% WoW, fueled by Solflare’s new crypto card (Mastercard-backed, no fees) and Telegram mini-app quests rewarding users with SOL airdrops. Ecosystem TVL holds steady at $5B+ despite the bleed. Key metric: Daily active users spiked to 1.2M, meme energy intact. Short-term outlook: Bullish – $160 if alt rotation accelerates.

#3 Bittensor (TAO) – $620 (+15% 7d)AI won’t quit: Subnet expansions announced mid-week, with machine learning compute demand surging as enterprises hedge against volatility. Elon’s energy rant indirectly nods to decentralized AI power plays. Key metric: Miner activity +25%, new ATH for daily emissions. Short-term outlook: Very Bullish – could test $800 on risk-on rebound.

#4 Hyperliquid (HYPE) – $29.50 (+20% 7d)Perps DEX that’s basically printing money in chaos – open interest rebounded 30% as traders hedge the dip with 200x leverage. Fees hit $18M daily, eating CEX lunch. Key metric: Leverage ratio at cycle highs, signaling degen bets on bounce. Short-term outlook: Bullish – $35 if liquidations flush out weak hands.

#5 Chainlink (LINK) – $29 (+10% 7d)Oracles shine in uncertain times: New CCIP integrations with RWAs (real-world assets) like ONDO and QNT partnerships announced, tying into stablecoin boom (20% of market cap now). Key metric: Cross-chain volume +40%. Short-term outlook: Bullish – regulatory tailwinds could push $35.

#6 World Liberty Financial (WLFI) – $0.45 (+25% 7d)Trump’s token that thrives on headlines – Musk’s interview sparked “pro-crypto admin” memes, with policy whispers fueling degen pumps. Pure speculation, but volume’s exploding. Key metric: Google Trends spike 300% post-Elon. Short-term outlook: Very Bullish – $0.60 on tweet-fueled volatility.

#7 Ethereum (ETH) – $2,720 (-5% 7d but relative strength)Down less than the pack, ETH’s gearing for Fusaka upgrade on Dec 3 – lower gas, faster L2s. Staked ETH (stETH) yields hold at 4%, drawing passive inflows. Key metric: ETF cumulative inflows still +$12.9B despite outflows. Short-term outlook: Cautious – $3K hold key for bounce.

#8 Bitcoin (BTC) – $85,800 (-6% 7d)The big dog’s hurting, but on-chain whales added 21K BTC this week amid $160B Shell accepting payments in SA. Extreme fear + QT end = classic setup. Key metric: Long-term holder supply unmoved, hash rate ATH. Short-term outlook: Cautious – $90K relief if Powell dovish.

Hidden Gem of the WeekONDO ($ONDO) – Sub-$2B cap RWA token exploding +18% on institutional stablecoin pilots and tech setups signaling rebound. With RWAs tokenizing trillions in assets, this could 5x quietly while majors consolidate – watch for $2 breakout.

One to Watch CloselyHedera (HBAR) – Down 10% to $0.13 on heavy volume and institutional sells, but key support at $0.12. If it holds through unlocks, could spark L1 rotation; else, sub-$0.10 flush incoming. High-stakes flip.

This week’s selective shine amid the December dump tells a tale of fractured resilience: RWAs and oracles (XRP, LINK, ONDO) anchoring to real-world utility, AI (TAO) and perps (HYPE) as hedges, while Solana memes keep the party flickering. BTC’s slip in dominance? A whisper of altseason if Fed liquidity floods in – but with exploits and macro jitters, it’s survivors-only mode. We’ve been eyeing these setups since the October top; extreme fear at 8 has never lied as a buy signal.

Bottom or just the next leg down? Load the dips, or NGMI in the thaw.

See you next week for more Shiny Coins on Cryptopress.site (And remember — this is not financial advice; markets can stay irrational longer than you can stay solvent.)

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Policy reversal: Vanguard will permit third-party crypto ETFs and mutual funds on its brokerage platform.

Launch date: Trading begins December 2, 2025, for funds holding Bitcoin, Ether, XRP, and Solana.

Client impact: Over 50 million investors managing $11 trillion gain access to regulated digital assets.

Vanguard Group Inc., managing $11 trillion in assets, has reversed its longstanding opposition to cryptocurrencies by opening its brokerage platform to select crypto-focused exchange-traded funds (ETFs) and mutual funds, according to Bloomberg.

The change, effective December 2, 2025, allows Vanguard’s more than 50 million brokerage clients to trade funds primarily holding Bitcoin, Ether, XRP, and Solana, excluding those tied to meme coins or unregulated assets.

This move comes amid growing demand for regulated crypto products, with spot Bitcoin ETFs amassing nearly $120 billion since their January 2024 debut. Rivals like BlackRock have seen substantial inflows, prompting Vanguard to adapt.

Vanguard Crypto Ban Ends Vanguard reverses its crypto ban, allowing trading of Bitcoin, Ether, XRP, Solana from December 2.

— Cryptopress (@CryptoPress_ok) December 2, 2025

Leadership influence: The shift follows the appointment of Salim Ramji, a former BlackRock executive, as CEO in late 2024. Ramji has emphasized meeting diverse investor needs without launching Vanguard’s own crypto products.

“Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” said Andrew Kadjeski, head of brokerage and investments at Vanguard, in a statement cited by The Block.

Analysts note potential risks, including crypto’s inherent volatility. A recent market drawdown erased over $1 trillion since early October 2025, highlighting the sector’s sensitivity to economic factors like interest rates.

Decrypt highlights that this provides a gateway for traditional investors, potentially injecting fresh capital into digital assets.

For context, verified X accounts like @kyledoops noted the reversal as a key institutional milestone.

ICYMI:• Vanguard opens crypto ETFs to clients starting Tuesday, reversing its long anti-crypto stance• China’s central bank doubles down on its crypto ban with stricter action on stablecoins• Grayscale launches the first spot Chainlink ETF today• Japan to apply a flat…

— Kyledoops (@kyledoops) December 2, 2025

Balanced outlook: While the access broadens options for crypto exposure via regulated vehicles like smart contracts-backed ETFs, experts advise caution. “Investors should understand the risks,” Kadjeski added, per CryptoNews.

For more on Bitcoin, see Bitcoin at Cryptopress. On Ether, visit Ethereum at Cryptopress. Related article: Bitcoin Rebounds Amid ETF Inflows.

Disclaimer:This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

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December’s Dual Edges

The cryptocurrency market kicked off December with a stark divide between structural optimism from regulatory breakthroughs and immediate pain from macroeconomic tremors and security scares. Total market capitalization shed 5.2% in the past 24 hours, settling around $2.9 trillion, as risk-off sentiment swept through Asia-Pacific trading. Bitcoin’s slide below $86,000—its lowest since late November—mirrored broader equity hesitancy, with S&P 500 futures dipping amid delayed U.S. economic data from the recent government shutdown. Yet, beneath the surface, institutional inflows into new ETFs and pro-crypto policy signals hint at a rebound, provided liquidity from the Fed’s QT end materializes without further yen carry trade unwinds.

Yearn Finance yETH Incident and Its DeFi Ripple Effects

The most seismic event this week was the “incident” at Yearn Finance, a cornerstone DeFi protocol managing over $500 million in assets, which exposed vulnerabilities in its yETH liquidity pool and amplified a cascade of liquidations exceeding $400 million. Occurring during thin weekend liquidity, the mishap—initially downplayed as a technical glitch but suspected by analysts as a partial exploit—triggered a 7% drop in Ether and dragged Bitcoin down 5.3% in early Asian hours. Yearn’s team swiftly paused the pool and initiated audits, but the damage rippled outward: leveraged long positions, bloated by November’s over-optimism, were wiped out, with Coinglass data showing 85% of liquidations hitting bullish bets on ETH and SOL.

This isn’t just a one-off hack; it underscores DeFi’s maturation pains as TVL nears $200 billion amid Ethereum’s Fusaka upgrade. The incident highlights over-reliance on composable protocols without robust circuit breakers, echoing past exploits like the $600 million Ronin breach in 2022. For the broader market, it acts as a “healthy reset,” flushing $130 billion in illusory leverage-fueled cap without true capital flight. Analysts at Glassnode note similar flushes preceded 2024’s rally, suggesting stabilization by mid-December if Yearn’s post-mortem reveals no deeper code flaws. However, prolonged FUD could deter retail inflows, especially with China’s stablecoin crackdown limiting offshore hedging. On the flip side, it accelerates calls for insured DeFi primitives, potentially boosting demand for oracle-linked assets like Chainlink—whose new ETF couldn’t stem a 6% dip but positions it for recovery as risk appetite returns. For traders, this week’s volatility (BTC’s 8.23% 30-day standard deviation) screams caution: support at $80,000 holds the line, but a breach could test $67,000 before year-end liquidity injections from global central banks provide tailwinds. For deeper insights on DeFi risks, see CoinDesk’s breakdown.

Other News:

Positive

21Shares XRP ETF Launch: Fifth U.S. spot XRP fund debuts December 1, pulling $666M inflows and lifting XRP 12% weekly amid analyst targets of $2.85.

Ethereum Fusaka Upgrade: December 3 mainnet rollout enhances L2 scalability with PeerDAS, eyeing 180M+ gas limit for cheaper transactions.

Ripple Singapore Approval: MAS greenlights expanded payments, strengthening Ripple’s Asia fintech push and RLUSD stablecoin rollout.

Grayscale Chainlink ETF: First spot LINK ETF launches, tapping oracle demand as RWAs like Quant surge 20%+ on tokenized stock news.

Whale Buys in ENA and XRP: Holders added $330M in XRP and 2.84% more ENA, betting on December gains despite downturns.

Neutral

Japan’s 20% Crypto Tax: Flat levy on gains aligns crypto with stocks, simplifying rules but capping upside for high-volume traders.

Kevin Hassett as Fed Contender: Pro-crypto pick to replace Powell signals dovish policy, but confirmation delays add uncertainty.

U.S. Senate Crypto Bill Vote: December push clarifies SEC/CFTC roles, but partisan gridlock tempers immediate impact.

Negative

China’s Renewed Ban: PBOC targets stablecoins and trading resurgence, squeezing offshore volumes and global liquidity.

Bitcoin ETF Outflows: Record exits from BlackRock’s IBIT amid meager inflows, fueling dip-buying absence and $80K support test.

$1.8B Token Unlocks: December floods market with supply, pressuring alts like SOL and LINK post-November crash.

Top Movers and Opportunities

This week’s movers reflect the market’s split personality: broad losses from the Yearn-triggered flush, but pockets of resilience in DeFi and RWA plays. Top gainers include Ethena (ENA) up 21.3% on whale accumulation (wallets holding 39.88M tokens), Persistence (XPRT) +20.23%, and Quant (QNT) +15% amid RWA hype for tokenized assets. Losers were led by Filecoin (FIL) -10%, MovieBloc (MBL) -30.23%, and Streamr (DATA) -13.71%, hit by sector rotation away from storage and data tokens. XRP bucked the trend with +12% on ETF news, while Ethereum (-6%) and Solana (-5%) lagged majors.

Buying opportunities emerge in oversold DeFi names like ENA, where low stablecoin yields signal non-overheated conditions and post-flush rebounds—target entry below $0.50 for 30-50% upside if Fusaka boosts L2 activity. XRP offers asymmetric risk at $1.90 support, with ETF inflows potentially catalyzing a push to $2.50. Avoid FIL amid weak volume. No clear BTC buy yet; wait for $80K hold.

To illustrate Bitcoin’s volatile week—closing November at -17.5% but stabilizing post-dip—here’s its price evolution from November 24 to December 1:

The post Crypto Weekly Snapshot – Crypto’s Rocky December Dawn appeared first on Cryptopress.

Bitcoin fell over 5% to an intraday low of $85,694, with liquidations reaching up to $646 million, primarily affecting long positions.

Ethereum dropped more than 6% to around $2,800, while XRP and other altcoins saw similar declines.

Market analysts point to thin liquidity, macro uncertainties, and specific risks like Tether’s stability as key drivers.

Bitcoin slid below $86,000 on December 1, marking a risk-off start to the month and extending November’s losses in the cryptocurrency market.

The price drop, which saw Bitcoin fall as much as 7% overnight, triggered a cascade of liquidations totaling between $500 million and $646 million across major exchanges. Long positions accounted for nearly 90% of the wiped-out leverage, highlighting overcrowded bullish bets.

Ethereum and other major altcoins were not spared, with ETH declining over 6% to near $2,800, and XRP shedding 6.5%, per reports from. This broad selloff erased recent gains and pushed the total crypto market capitalization lower amid thin weekend liquidity.

Analysts attribute the plunge to a combination of factors, including ongoing macroeconomic jitters and reduced expectations for Federal Reserve rate cuts. November’s $3.5 billion in outflows from spot Bitcoin ETFs—the largest since February—further pressured sentiment.

Additional concerns emerged around large holders and stablecoins. MicroStrategy CEO Phong Le’s comments on potentially selling Bitcoin to fund dividends if needed added to fears, given the firm’s $56 billion BTC holdings. BitMEX co-founder Arthur Hayes warned that a 30% drop in Bitcoin could render Tether insolvent, stating: “A roughly 30% decline in the gold, Bitcoin position would wipe out their equity, and then USDT would be, in theory, insolvent,”.

The yen carry trade unwind, estimated at $20 trillion, was also flagged as a potential global liquidity risk by investor Robert Kiyosaki, who advised accumulating Bitcoin and Ethereum amid the turmoil, per Bitcoin.com News.

While the event has cleaned out excessive leverage, experts like Sean McNulty of FalconX caution that structural headwinds persist: “We expect the structural headwinds to continue this month. We are watching $80,000 on Bitcoin as the next key support level,”.

Market participants now eye upcoming U.S. economic data and the Federal Reserve’s December meeting, where an 88% chance of a 0.25% rate cut could provide relief, according to the CME FedWatch tool cited in DL News. However, volatility may remain elevated as positioning resets.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

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