ZCash Is Confirming ‘Rotation Thesis,’ Says Raoul Pal

The recent surge in privacy-focused cryptocurrency Zcash may be driven more by capital rotation than a sustained structural bull trend, says Real Vision founder and macro investor Raoul Pal. “Do I need that asset to say I was in earliest? I don’t really,” Pal told Kevin Follonier on the “When Shift Happens” podcast published on Thursday. The privacy-focused token Zcash (ZEC) has seen significant gains this year, but Pal said it is still too early to say whether its rally represents the beginning of a broader uptrend.  “We can’t prove…

Donald Trump Says Fed Chair Nominee Chris Waller Is ‘Great’

United States President Donald Trump offered positive remarks about pro-crypto Fed chair nominee Chris Waller at a recent press conference, as speculation continues over his final choice. “I think he’s great. I mean, he’s been a man who’s been there a long time. Somebody that I was very involved with and sense of his career, and he’s a fantastic man,” Trump said during a press conference on Thursday. Waller has recently been perceived as relatively supportive of crypto, saying in an August speech at the Wyoming Blockchain Symposium 2025 that…

Crypto Struggled In 2025 Despite Positive Fundamentals

Analysts and investors are questioning why crypto isn’t in a bull market, given the amount of positive drivers that have taken place this year. “At some point, we need to admit that something is structurally broken in the crypto market,” CNBC crypto contributor Ran Neuner said on Tuesday. He stated that multiple favorable factors should be contributing to the performance of crypto markets, including increased liquidity, a pro-crypto US government, various exchange-traded fund launches, major institutional and crypto treasury company investments, and strong performance in traditional markets such as gold,…

Investor Anxiety Over Quantum Risk Weighing on Bitcoin

The response from Bitcoin developers on the risk of quantum computing to the cryptocurrency is weighing down its price and affecting capital flow, crypto industry executives have argued. Adam Back, a cypherpunk the and co-founder of Bitcoin infrastructure company Blockstream argued in a series of X posts on Thursday that it is good for Bitcoin (BTC) to be “quantum ready,” but it won’t be a threat for the next few decades, as the technology is still “ridiculously early,” and has research and development issues. He predicts there will be no…

Cypherpunk Values are Dying, but They’re Not Dead Yet

Not long before he died, Grandad said something that I thought was a little silly, a little old-fashioned. He declared that he didn’t trust the banks, and he didn’t want them to know what he did with his money. I scoffed at the time, paranoid old fella! But of course, it turns out I owe him an apology. As we were walking around his house, he motioned toward an off-white wall with an off-comfortable sofa in front of it. This piece of singularly ugly furniture hadn’t left its spot in…

Coinbase Appoints George Osborne As Internal Advisory Council Chair

Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council. The decision to appoint Osborne, who began working as a Coinbase advisor in 2024 during its battle with the US Securities and Exchange Commission (SEC), is part of Coinbase’s strategy of expanding its influence with foreign governments, according to Reuters. Osborne announced the new lead position on Thursday, framing it as a learning opportunity. He said: “Serving on Coinbase’s advisory council for over two years,…

Brazilian Stock Exchange to Launch Tokenization Platform and Stablecoin

Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting in 2026. In a Tuesday notice to investors, B3’s vice president of products and clients, Luiz Masagão, said the exchange plans to launch a tokenization platform for traditional assets, starting with stock market offerings. He added that B3 would also issue its own stablecoin as “a tool to enable trading in tokens.” “The great value of having this tokenization platform connected to the traditional ecosystem…

NYSE Parent Company Mulls Investment in Crypto-Native MoonPay: Report

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is in talks to invest in crypto payments company MoonPay as part of the company’s latest funding round. MoonPay is seeking to raise funds at a $5 billion valuation, according to Bloomberg, which cited sources familiar with the deal and did not disclose the dollar amount of the potential investment. In October, ICE invested $2 billion in prediction platform Polymarket, in a funding round that brought the company’s valuation to $9 billion. MoonPay is a financial technology…

US Lawmakers Exclude BTC From De Minimis Tax Exemption: BPI

Representatives of the Bitcoin Policy Institute (BPI), a nonprofit Bitcoin advocacy organization, warned that US lawmakers have not included a de minimis tax exemption for Bitcoin transactions below a certain threshold. “De Minimis tax legislation may be limited to only stablecoins, leaving everyday Bitcoin transactions without an exemption,” Conner Brown, BPI’s head of strategy, said on X, adding that the decision to exclude Bitcoin (BTC) is a “severe mistake.” In July, Wyoming Senator Cynthia Lummis introduced a bill proposing a de minimis tax exemption for crypto transactions of $300 or…