Day: December 3, 2025

Binance BTC Reserves Drop, Signaling Bullish Market Setup

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Experts say the shrinking Binance BTC reserves reflect rising self-custody and ETF demand, not market weakness. The amount of Bitcoin (BTC) held on Binance, the world’s largest cryptocurrency exchange, has fallen to its lowest point in years. Despite the drop, analysts argue that the trend is a reflection of growing confidence, strengthening demand from institutions, and a tightening supply backdrop that historically supports higher prices. Self-Custody, ETF Demand, and Derivatives Cleanup Shape the Trend According to XWIN Research Japan, the ongoing drain in Binance’s BTC reserves is not the…

Hyperliquid’s HIP-3 market sees trading volume exceed $5 billion

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Key Takeaways Hyperliquid’s HIP-3 custom markets have surpassed $5 billion in trading volume. HIP-3 allows users to create and trade custom perpetual markets, including synthetic stock indices, without needing permission. Share this article Hyperliquid’s HIP-3 custom markets have generated over $5 billion in trading volume as the decentralized perpetuals exchange expands beyond traditional crypto derivatives. HIP-3 enables users to create and deploy custom perpetual markets for assets like synthetic stock indices without requiring permission. The upgrade has facilitated new markets linked to major tech stocks, contributing to increased trading activity…

Ethereum Institutional Buying Collapses 81% as DAT Inflows Hit 2025 Low

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Institutional Ethereum demand collapses as Digital Asset Treasuries’ purchases drop 81% since August, with inflows dropping to 370K ETH. Institutional appetite for Ethereum (ETH) has hit a wall, with recent data from Bitwise showing that purchases of the cryptocurrency by publicly traded Digital Asset Treasuries (DATs) fell to 370,000 ETH in November, representing an 81% drop from the August peak of 1.9 million ETH. The falloff matters because DATs have been one of Ethereum’s strongest sources of demand this year, often absorbing more tokens each month than the network…

BlackRock views rising US national debt as catalyst for crypto adoption

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Key Takeaways BlackRock CEO Larry Fink links rising US national debt to increased potential for crypto adoption. Uncontrolled US deficits could weaken confidence in the dollar, making Bitcoin and other digital assets more attractive as alternatives. Share this article BlackRock CEO Larry Fink identified rising US national debt as a potential driver for broader crypto adoption today, suggesting digital assets could serve as alternatives if fiscal concerns undermine dollar dominance. Fink, who oversees BlackRock’s investment strategies, highlighted how uncontrolled US deficits could position Bitcoin and other digital assets as viable…

Yi He becomes co-CEO of Binance as company focuses on innovation and expansion

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Key Takeaways Yi He, Binance co-founder, is now co-CEO alongside Richard Teng, signaling a transition in leadership. The co-CEO structure aims to merge He’s strengths in innovation and marketing with Teng’s regulatory and operational expertise. Share this article Binance, the major crypto exchange, has appointed co-founder Yi He as co-CEO alongside Richard Teng to lead the company’s global expansion and user-focused innovation. Yi He, a Chinese business executive who has driven marketing and strategic initiatives at Binance, will now co-lead the platform with Teng to advance sustainable innovation and expand…

Former Citadel team secures $17M Series A to launch Fin’s payments product on Solana

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Key Takeaways Fin, founded by ex-Citadel employees, raised $17 million in Series A funding led by Pantera Capital. The capital will support the launch and expansion of Fin’s stablecoin payment platform on Solana. Share this article Fin, a startup founded by former Citadel employees, secured $17 million in Series A funding led by Pantera Capital to launch its stablecoin-powered payments product on Solana. The round will support team expansion and product development for the blockchain-based payment solution. Co-founders Ian Krotinsky and Aashiq Dheeraj are developing the payments platform to leverage…

BTC Shows Strongest Buy-Side Revival of Q4 With a 6% Rise

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Bitcoin (BTC) gained 5.81% on Tuesday, its biggest daily return since May 8. As the rally unfolded, a bullish engulfing pattern formed, marking the first significant structural shift on the daily chart in the fourth quarter. Traders now wonder if there is an increased chance for a sustained recovery over the coming day. Bitcoin one-day chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin printed a bullish engulfing candle with its strongest daily gain since May, signaling early trend expansion. A daily close above $96,000 is required for full bullish confirmation. Buy-side trading…

Polymarket Opens US app to Waitlisted Users after CFTC Green Light

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Prediction platform Polymarket has begun rolling out its relaunch in the United States, announcing that waitlisted users would be the first to access its US app. In a Wednesday X post, Polymarket said that it would be making its US app available to waitlisted users, beginning with bets on sports event contracts, “followed by markets on everything.” The official launch came about three months after the US Commodity Futures Trading Commission (CFTC) issued a no-action letter to a crypto derivatives exchange and clearinghouse acquired by Polymarket, laying the groundwork for…

HYPE Ready to Rip? Double Bottom Eyes $48 Target

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HYPE rebounds from $30–$33 support as double-bottom forms; price nears $36 resistance with rising open interest and Nasdaq listing news. Hyperliquid (HYPE) is trading at around $34, with daily volume at $480 million. The token is up 9% over the past 24 hours, while posting a slight drop over the last seven days. After testing the $30–$33 support zone again this week, the price bounced and is now moving toward resistance around $36. Support Zone Holds as Price Attempts a Reversal HYPE has tested the same support area several…