Day: December 12, 2025

BTCC Exchange Wins Best Centralized Exchange (Community Choice) at BeInCrypto 100 Awards 2025

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[PRESS RELEASE – Vilnius, Lithuania, December 12th, 2025] BTCC, the world’s longest-serving cryptocurrency exchange, has been named Best Centralized Exchange in the Community Choice category at The BeInCrypto 100 Awards 2025. The award was announced during a live virtual ceremony on December 10, 2025. The BeInCrypto 100 Awards is an annual event celebrating the leaders, products, and initiatives shaping the future of Web3, organized by BeInCrypto, a reputable independent news and media platform, in partnership with Binance Square. In the “Best Centralized Exchanges” category, BTCC received the highest number of…

Tokenization Benefits will be ‘light at first,’ says NYDIG

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The tokenization of stocks won’t immediately be of immense benefit to the crypto market, but the benefits could increase if such assets are allowed to better integrate on blockchains, says NYDIG. “The benefits to networks these assets reside on, such as Ethereum, are light at first, but increase as their access and interoperability and composability increase,” NYDIG global head of research Greg Cipolaro said in a note on Friday. The initial benefits will be the transaction fees charged for using tokenized assets, and the blockchain hosting them will “enjoy increasing…

BTC Short-Term Holders Were Profitable For 66% of 2025

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Bitcoin’s (BTC) short-term holders (STHs) have spent 229 out of 345 days in profit, an outcome that appears contradictory given that BTC is at a negative year-to-date (YTD) return and struggles to trade above $100,000.  However, beneath the weak headline performance, the structure of onchain positioning tells a different story. Key takeaways: Bitcoin short-term holders logged profits for 66% of 2025, even while BTC traded below its yearly open. The STH realized price at $81,000 acted as a sentiment pivot, which divided phases of panic and recovery. Unrealized losses narrowed…

Binance Criticized Over Limited Response to Upbit Hack, Freezing 17% of Requested Assets

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Hackers laundered stolen Upbit funds through thousands of wallets before moving most assets into Binance-hosted service wallets. Binance, the world’s largest cryptocurrency exchange, reportedly complied with only a fraction of a freeze request from South Korean police following a major hack of competitor Upbit in late November 2025. The limited cooperation has ignited criticism from industry experts, who argue that slow responses from major platforms undermine collective security. A Delayed and Partial Freeze On the morning of November 27, 2025, hackers breached Upbit, stealing a significant sum of cryptocurrency.…

SOL Slumps As TVL Slides And Memecoin Demand Fades

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Key takeaways: SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions. Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as Solana’s ecosystem grows. Solana’s native token, SOL (SOL), has failed to sustain prices above $145 for the past four weeks. A decline in network activity amid reduced demand for decentralized applications has negatively impacted SOL’s outlook.  With Solana’s TVL now down more than $10 billion from its September peak, onchain metrics are flashing…

Bitcoin Has No Value Beyond Financial Speculation

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Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard. “It’s difficult for me to think about Bitcoin as anything more than a digital Labubu,” Ameriks said at Bloomberg’s ETFs in Depth conference in New York City. Labulus are collectible plush toys featuring animals with anthropomorphic features. Despite Ameriks’ criticism, he said that Bitcoin (BTC) may have value beyond financial speculation in the future under certain circumstances. The cryptocurrency could find real-world…

How Ripple Convinced Wall Street About Its Post-SEC Future

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It has been a long and arduous journey for Ripple. After emerging from a multiyear battle with the US Securities and Exchange Commission, the blockchain-based payments and infrastructure company is pressing ahead with broad ambitions to unify custody, treasury and prime-brokerage services, each underpinned by blockchain technology and stablecoins. Despite the bruising legal fight and the reputational damage that came with it, Ripple has still managed to win over some of Wall Street’s biggest players. This week’s Crypto Biz looks at how Ripple secured a striking $40 billion valuation, and…

Ethereum Slams Into Major Resistance: Breakout or Breakdown Ahead?

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Ethereum trades near $3,250 after rejecting key resistance. Trendline support holds, while ETF inflows and taker activity show recovery signs. Ethereum (ETH) continues to trade near the $3,250 mark after facing pressure at key resistance levels. The asset remains above key support levels despite recent price rejection. Resistance Blocks Further Upside Ethereum attempted to push through the $3,350 zone but failed. This area includes the 200-day moving average and a key horizontal resistance level. Since that rejection, the price action has cooled, but ETH has not broken below the…

Bitnomial Wins CFTC Approval to Launch Regulated Prediction Markets

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Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives products. The contracts are designed to allow traders to take positions on outcomes, such as token price levels and macroeconomic data. The approval expands the umbrella of the trading products offered by Bitnomial. Based in…

Bitcoin Miners Turn to Renewables As Hash Price Hovers Near Record Lows

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Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index.  Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW)…