Day: November 26, 2025

Spain Proposes Crypto Tax Hike and New Risk Rules, Sparking Backlash

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Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law and Inheritance and Gift Tax Law, according to local media. The proposal would change how crypto profits are taxed, shifting gains from non-financial-instrument assets into the general income tax bracket, which would raise the top rate to 47% instead of the current 30% savings rate, while setting a flat 30% tax for corporate holders, according to a Tuesday report from CriptoNoticias. Sumar is a left-wing political alliance…

Japan Emerges as Potential Bitcoin Demand Giant After Rule Changes

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Although Japan only has 20k–40k active BTC addresses daily, its huge household wealth could flow in via ETFs and regulated funds. Japan has officially finalized amendments to its crypto regulatory framework that have the potential to increase global Bitcoin demand. The reforms aim to clarify custodial liability, stimulate institutional participation, and position the country as a safe haven for digital assets. Reform Could Boost Bitcoin Demand According to crypto research and education institution XWIN Research Japan, the Financial Services Agency (FSA) has completed its 2025 Working Group on crypto-asset…

Conor McGregor Calls Out Khabib for NFTs, Gets Shut Down by ZachXBT

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UFC star Conor McGregor criticized former rival Khabib Nurmagomedov for his non-fungible token (NFT) drop on Telegram, which featured digital “papakhas” — a traditional hat worn in Nurmagomedov’s native country of Dagestan.  “There is just no way good guy Khabib used his late father’s name, as well as Dagestan’s culture, to scam his fans and fire sell a bunch of digital NFTs online,” McGregor wrote in a now-deleted X post.  Onchain sleuth ZachXBT responded to McGregor, pointing out that McGregor attempted to launch his own celebrity memecoin in April called…

Tokenized Money Market Funds Surpass $9B, BIS Warns of New Risks

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Tokenized money market funds are emerging as one of the most important yield-bearing assets on public blockchains, offering money-market returns and securities-level protections that stablecoins can’t provide, according to a new report from the Bank for International Settlements (BIS). According to the bulletin, tokenized money market funds now hold nearly $9 billion in assets, up from about $770 million at the end of 2023. The BIS warned that as these tokenized Treasury portfolios become a key source of collateral in the crypto ecosystem, they also bring new operational and liquidity…

Dogecoin Pump Ahead? Breakout Targets Double-Digit Move

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Dogecoin breaks out of inverse H&S, targeting a major move. ETF launch and whale activity show mixed signals as short-term trend shifts bullish. Dogecoin (DOGE) is trading around $0.152, up 2% in the last 24 hours, but down 5% over the past 7 days, according to CoinGecko. Analysts tracking short-term market structure point to a potential shift, with technical patterns now favoring continued upside. Pattern Breakout Sets Target at $0.179 A 4-hour chart posted by Trader Tardigrade shows Dogecoin breaking out of an inverse head-and-shoulders pattern. The chart marks…

‘Strong Negative Correlation’ with BTC and USDt Activity: Glassnode

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Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin’s and USDt’s activity over the last two years. In a Wednesday X post, Glassnode shared a comparison between Bitcoin’s (BTC) price and net flows of USDt (USDT) to exchanges starting in December 2023. According to the analysis, net outflows of USDT from exchanges coincided with increases in the price of BTC. “During euphoric phases, USDT typically flows out at –$100M to –$200M/day as investors lock in profits,” said Glassnode. “At the $126K peak [in October], net outflows reached >$220M…

Binance Launches Crypto Services for Family Offices

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Binance has launched a concierge-style service designed for family offices, asset managers, and private funds taking their first steps into the crypto space. According to the exchange on Wednesday, the new service offers personalized onboarding with dedicated managers, support for over 100 fiat currencies, and access to tailored structured products.  The service also includes credit lines, institutional-grade custody through partnered custodians, and real-time analytics and reporting tools designed to give professional investors clear visibility into their portfolios. Binane said the new product is a response to “affluent investors” in traditional…

Bitcoin Rally To $112K Depends On Four Catalysts

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Key takeaways: Bitcoin derivatives and cautious interest rate expectations keep sentiment restrained, yet improving liquidity conditions bolster upside potential. Regulatory easing and MSCI’s review of BTC-heavy firms could lift risk appetite, supporting a more constructive medium-term outlook for Bitcoin. Bitcoin (BTC) has been pinned below $92,000 since Thursday and is down 22% in the last 30 days, but the situation could change soon. Bulls expect multiple governments to expand their money supply to support their economies and rising fiscal deficits, while bears often cite softer labor indicators and mounting concerns…

Edel Finance-Linked Wallets ‘Snipe’ 30% Token Supply, Bag $11M: Bubblemaps

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Concerns are mounting over unusual activity surrounding the token launch of Edel Finance, a lending protocol focused on tokenized stocks and real-world assets (RWAs). Blockchain analytics platform Bubblemaps claimed in a Tuesday X post that a cluster of about 160 wallets accumulated 30% of the EDEL token supply, worth $11 million, during the launch earlier this month. The platform alleged the wallets were linked and funded in a coordinated fashion immediately before trading opened. “Edel Finance sniped 30% of $EDEL. Then tried to hide it behind a maze of wallets…

Bitcoin Reserves Cover Debt Nearly 6x

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The firm’s “BTC Rating” puts coverage at 5.9x with BTC at $74,000 and still about 2.0x even in a severe crash to $25,000. Business intelligence firm Strategy (MSTR) has said that its Bitcoin (BTC) reserve is more than sufficient to cover its debt obligations. The company asserted that even if the flagship cryptocurrency’s price fell to its average purchase amount of $74,000, its holdings would still be valued at nearly six times the worth of its convertible notes. Navigating Market Turbulence Strategy’s disclosure is a direct message of stability…