Tether’s USDt, the largest stablecoin by circulation, has secured a regulatory milestone in Abu Dhabi’s international financial center, opening the door for licensed institutions to use the token in regulated services. Announced Monday, USDt (USDT) was formally recognized as an “accepted fiat-referenced token,” allowing regulated firms in the Abu Dhabi Global Market (ADGM) to offer trading, custody and other services involving the stablecoin. ADGM — an international financial center and free economic zone — has become a magnet for digital asset companies seeking clear rules and institutional access. Tether CEO…
Category: Bitcoin News
Bitcoin Stays Volatile as Wall Street Selling Returns
Bitcoin (BTC) fell back below $90,000 around Monday’s Wall Street open as US selling pressure returned. Key points: Bitcoin keeps volatility coming as US sellers send price back below $90,000. Liquidations remain steady as investors stay on the sidelines amid indecisive price action. Evidence of buying the dip is visible across exchanges over the past two weeks. BTC price runs out of room as Wall Street returns Data from Cointelegraph Markets Pro and TradingView showed BTC price action staying volatile as the TradFi trading week got underway. BTC/USD one-hour chart.…
BlackRock Files for Listing Staked Ether ETF
US-based asset management company BlackRock has applied to list and trade shares of an investment vehicle tied to staked Ether, following its offering of other cryptocurrency products. In a Friday filing with the US Securities and Exchange Commission, BlackRock filed a Form S-1 registration statement for its iShares Staked Ethereum Trust exchange-traded fund. The filing is part of the SEC’s process for companies to list investment vehicles such as ETFs, but does not guarantee approval. BlackRock staked Ether ETF filing on Friday. Source: SEC Shares of the staked Ether (ETH)…
New DePIN Provides ZK-Proof Processing with its Marketplace
Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs. According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn money by computing proofs. Currently, the network uses Circle’s USDC (USDC) stablecoin as the native settlement currency. Still, Brevis plans to move to the yet-to-be-launched BREV token when ProverNet comes out of beta and launches mainnet. On mainnet, the system will also introduce prover staking and slashing for “misbehavior or…
Strategy Buys Nearly $1B In BTC As Treasury Hits 660,000 Coins
Michael Saylor’s Strategy has expanded its Bitcoin treasury again, buying nearly $1 billion in BTC even as digital asset treasury inflows cool and its own stock trades sharply lower on the year. Strategy chairman Michael Saylor announced on X that the company bought 10,624 Bitcoin (BTC) for roughly $962.7 million at an average price of $90,615 per coin last week. The move brings Strategy’s total holdings to 660,624 BTC, acquired for approximately $49.35 billion at an average price of $74,696. The move comes during a rough stretch for Strategy’s equity.…
Argentina Weighs Letting Banks Back Into Crypto: Report
Argentina is considering allowing local financial institutions to engage more directly with cryptocurrencies in a move that would mark a significant shift from its restrictive stance, according to local media report. According to a Friday report by local news outlet La Nacion, Banco Central de la República Argentina (BCRA), Argentina’s central bank, is considering allowing traditional banks to trade cryptocurrencies. The story cited “sources close to the organization.” Cointelegraph has not independently verified those claims. The BCRA stepped in to ban financial institutions from offering crypto trading just days after…
Mantra CEO Urges OM Holders to Exit OKX
Tensions between blockchain platform Mantra and crypto exchange OKX are rising after Mantra accused the exchange of posting incorrect information about its token migration. In a Monday X post, Mantra CEO John Patrick Mullin urged users of centralized cryptocurrency exchange (CEX) OKX to withdraw their Mantra (OM) tokens and cut their “dependency” on the platform. “Users should consider withdrawing their OM tokens from OKX[…]. Avoid OKX Exchange Dependency: Complete migration without relying on potentially negligent or malicious intermediaries,” said Mullin. His warning came in response to a Friday announcement from…
Binance Employee Suspended For Allegedly Using Insider Information
Binance said on Monday it had launched an internal investigation Sunday into an employee it suspected of abusing access to inside information by posting from an official Binance Futures social media account for personal gain. The exchange said in an X post that its audit team received a report alleging the employee used non‑public information to craft a post on the official Binance Futures X account “less than a minute” after the token was issued onchain. The employee in question was immediately suspended, and Binance said it has contacted authorities…
Can Panic Wallets Safeguard Holders Against Wrench Attacks?
On Dec. 1 in Val‑d’Oise, France, the father of a Dubai‑based crypto entrepreneur was kidnapped off the street; another entry in Jameson Lopp’s directory of 225‑plus verified physical attacks on digital asset holders. The database Lopp, the chief security officer at Bitcoin wallet Casa, has maintained for six years, shows the pace of coercion rising fast, with a 169% jump in reported physical attacks in 2025. The risk itself isn’t unique to crypto: gold brokers, luxury resellers, even cash couriers have faced the same basic weapon for centuries (violence). What’s new…
Bitcoin Santa Rally Talk Meets Last FOMC of 2025
Bitcoin (BTC) starts the second week of December above $90,000 as “Santa rally” talk begins. BTC price action focuses on a key resistance area in the low $90,000 region, but traders still see another dip coming. Federal interest-rate decision week hangs over risk assets despite broad consensus that a cut will result. The Fed decision will decide the fate of a Santa rally for stocks, analysis agrees. For Bitcoin, seasonality suggests that this year’s “bear market” bottom timing could echo 2022. Open interest and leverage stay muted in what could…