Day: December 21, 2025

The Bitcoin Development Pledge aligns with the king’s vision of applying modern digital technologies to serve the people of Bhutan and future generations. The Kingdom of Bhutan has taken its adoption of bitcoin (BTC) a step further by allocating a portion of its reserves to the development of its new special administrative region, Gelephu Mindfulness City (GMC). According to a press release sent to CryptoPotato, the country will channel 10,000 BTC, worth roughly $1 billion, to support the long-term development of GMC. GMC is a new economic hub designed…

Binance’s growth reflects how liquidity, clear regulations, diversified stablecoins, and resilient infrastructure create a reliable trading environment. The leading crypto exchange, Binance, has surpassed 300 million registered accounts eight years after its July 2017 launch. The exchange’s growth is attributed to effective liquidity management and fast asset listings. It also benefited from stablecoin markets and strategies that appeal to both retail and institutional participants. From the start, Binance lowered barriers for global users and offered deep order books, creating a liquidity flywheel. Professional market makers and the expansion of…

[PRESS RELEASE – San Francisco, United States, December 21st, 2025] Self-Custody Wallet Eliminates Cross-Chain USDT Friction with Integrated Swaps, Bridges, and Anti-Scam Protection Gem Wallet, a fully open-source self-custody wallet, today announced a comprehensive USDT infrastructure spanning 10+ blockchains, addressing the fragmented stablecoin experience that has plagued crypto users. With USDT now exceeding $140B in market capitalization, users face mounting challenges moving value across Tron (TRC20), Ethereum (ERC20), Solana, BNB Chain, TON, and other networks. The Challenge: Cross-Chain USDT Functionality Remains Fragmented Despite USDT’s ubiquity, sending stablecoins across chains remains…

IcomTech falsely marketed crypto mining profits while promoters pocketed investor funds, according to the Justice Department. The US Department of Justice announced that Magdaleno Mendoza, a senior promoter of the cryptocurrency Ponzi scheme IcomTech, has been sentenced to 71 months in federal prison for his role in the fraud and for illegally reentering the United States after multiple deportations. The sentence was imposed by US District Judge Paul G. Gardephe following Mendoza’s guilty plea in July to conspiracy to commit wire fraud and illegal reentry. IcomTech Ponzi Scheme According…

Despite bearish markets, Bitwise sees Bitcoin reaching 2026 highs as four-year cycles weaken, institutions embrace, volatility declines, and correlations fall. Bitcoin (BTC) and the broader crypto market are currently struggling amid what many believe is a persistent bear market, but Bitwise’s Chief Investment Officer Matt Hougan expects the asset to reach new all-time highs in 2026 due to several structural shifts in the market. In his latest outlook, Hougan argued that the long-followed four-year Bitcoin cycle, typically driven by the halving, interest rate shifts, and leverage-fueled booms and busts,…

XRP trades below $1.90, is there any hope for the next 10 days or so. Ripple and its native token had a big year. The former finally concluded the years-long lawsuit against the US SEC, made some big acquisitions and partnerships, and gained some traction in new regions worldwide. The latter matched its 2018 all-time high in January and finally managed to break it in July. It also saw the release of five spot ETFs tracking its performance in the US. However, it has been mostly downhill for its…

The shallow bear market prediction comes as the bitcoin bull cycle turns bearish amid negative market conditions. Given the current state of the crypto market, all on-chain metrics indicate that a bear cycle is underway. However, the incoming red season may not be as severe as previous ones, according to an analysis by CryptoQuant. The latest weekly report from the market research firm revealed that BTC may record a 55% drawdown from its all-time high during the bear season. Such a move could place the asset’s bottom around $56,000,…