Category: Bitcoin News

KuCoin announced an exclusive multiyear deal with Tomorrowland Winter and Tomorrowland Belgium from 2026 to 2028, making the exchange the music festival’s exclusive crypto and payments partner. The move comes just weeks after KuCoin secured a Markets in Crypto-Assets Regulation (MiCA) service provider license in the European Union. KuCoin’s MiCA play goes mass‑market KuCoin EU Exchange recently obtained a crypto asset service provider license in Austria under the EU’s MiCA regime, giving it a fully regulated foothold in the bloc as Brussels’ new rulebook for exchanges, custody and stablecoins comes…

Screenshots of an internal email outlining plans to wind down Shima Capital have surfaced online, days after the US Securities and Exchange Commission sued the crypto venture firm and its founder over allegations of investor fraud. On Nov. 25, the SEC charged Shima Capital Management LLC and its founder, Yida Gao, with making false and misleading statements while raising almost $170 million from investors, the agency announced on Dec. 3. The complaint, filed in the US District Court for the Northern District of California, alleged that Gao inflated his investment…

Bitcoin layer-2, the Lightning Network, has reached a new all-time capacity high amid increased adoption from major crypto exchanges and functionality improvements.  Lightning Network (LN) capacity reached 5,606 BTC on Monday, beating its previous record in March 2023, according to Bitcoin Visuals. LN analytics platform Amboss also reported a capacity peak of 5,637 BTC, worth approximately $490 million, on Tuesday.   Data shows a surge in capacity in November and December, following a year of declines, as more Bitcoin was added to the network, enabling faster and cheaper transactions.   The number…

More than 100 crypto exchange-traded products could launch in quick succession in 2026, following recent guidance from the US securities regulator that drastically reduced the processing times for new funds, according to a Bitwise researcher. “From here we are going to accelerate forward at ridiculous speed,” Bitwise researcher Ryan Rasmussen said during an interview with the Bankless podcast on Tuesday. “We think over 100 crypto-linked ETPs will launch next year; those will be spot crypto, index, equities, smart beta, momentum, all kinds of things,” Rasmussen added. Rasmussen based his prediction…

The Bank of Canada has signaled it will only approve high-quality stablecoins tied to central bank currencies to ensure stablecoins serve as “good money” under the country’s upcoming stablecoin regulations, expected in 2026. “We want stablecoins to be good money, like bank notes or money on deposit at banks,” Governor Tiff Macklem told the Montreal Chamber of Commerce on Tuesday. Stablecoins should be pegged 1:1 to fiat: Macklem Macklem wants the stablecoins to be pegged at a one-to-one ratio to a central bank currency and backed by “high-quality liquid assets”…

XRP (XRP) is facing renewed downside pressure as derivatives activity and onchain positioning continue to weaken across December. These signals point to a market still in risk-off mode, even as price hovers near a key technical support around $2.00. Key takeaways: XRP futures taker buy volume on Binance has decreased by 95.7% since July, indicating a decline in demand. XRP’s Estimated Leverage Ratio (ELR) has fallen to 0.18, reflecting widespread deleveraging and reduced speculative risk. Retail, mid-sized, and large wallets all show negative cumulative volume delta through December, confirming broad-based…