Category: Bitcoin News

VanEck’s BNB ETF Scraps Staking as Regulatory Risks Loom

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Asset manager VanEck backed away from its earlier plans to stake assets in its proposed spot BNB exchange-traded fund, despite offering staking in its recently launched Solana product. In its updated S-1 filing to the US Securities and Exchange Commission (SEC) on Friday, VanEck said “the Trust will not employ its BNB in Staking Activities and accordingly will not earn any form of staking rewards or income of any kind from Staking Activities” at the time of listing. The filing further warns that “there can be no assurance that the…

XRP Price Is ‘Looking Very Bullish’ After Bouncing 25% in a Week

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XRP (XRP) rebounded nearly 25% from the $2 psychological level in the past week, with tailwinds from strong daily ETF inflows exceeding $164 million following the launch of Grayscale’s GXRP and Franklin Templeton’s XRPZ. Key takeaways: XRP stays bullish above $2, with chart technicals pointing toward $3.30–$3.50. Resistance at $2.23–$2.50 can bring back the bears for a drop to $1.82. XRP/USDT daily price chart. Source: TradingView Multiple XRP signals open the way for a 50% rally On Friday, XRP defended the $1.95–$2.05 support band of a prevailing parallel channel. XRP/USDT weekly…

Monad Airdrop Farmer Spends All $112K On Failed Trades

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A crypto airdrop farmer lost more than $112,000 in newly issued tokens by burning the entire reward on failed blockchain transactions. In crypto, a professional airdrop farmer (or squatter) is a person who interacts with emerging protocols solely for the airdrop rewards, often using multiple wallets to compound the rewards. Cryptocurrency wallet 0x7f4 received about $112,700 worth of Monad (MON) tokens as a reward for activity leading up to the launch. In an unfortunate turn of events, the trader lost the entire $112,000 across hundreds of failed blockchain transactions, which…

New UAE Law Sparks DeFi And Web3 Regulation Shift

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A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and broader Web3 into regulatory parameters, signaling an important shift for the industry. The UAE’s new central bank law, Federal Decree Law No. 6 of 2025, introduces “one of the most consequential regulatory shifts” for the crypto industry in the region, Irina Heaver, a local crypto lawyer and founder of NeosLegal, told Cointelegraph. “It brings protocols, DeFi platforms, middleware, and even infrastructure providers into scope if they enable activities such as payments, exchange, lending,…

Bitcoin Metrics Start to Mirror End of 2022 Bear Market

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Bitcoin (BTC) risk-reward has delivered a rare bullish signal as multiple metrics flip green. Key points: Bitcoin price metrics are showing multiyear opportunities when it comes to risk versus reward. While not a guarantee that the BTC price bottom is in, the odds for buyers are “becoming more attractive.” Data is increasingly mimicking the end of the 2022 bear market. Data from onchain analytics platform CryptoQuant confirmed multiyear lows for Bitcoin’s Sharpe ratio. Bitcoin Sharpe ratio offers hope for bulls Bitcoin is more attractive as a bet in terms of…

Crypto Sees VC Revival With Q3 Investments Hitting $4.65B

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Crypto-focused venture capital investment reached $4.65 billion in the third quarter, the second-highest amount of activity since crypto exchange FTX collapsed in late 2022 and decimated venture bets on crypto. Galaxy Digital’s head of research, Alex Thorn, said in a report on Monday that Q3’s venture bets were a 290% quarter-on-quarter jump and the largest quarter since Q1, which saw $4.8 billion in investments. “Despite remaining below 2021-2022 bull market levels, venture activity remains active and healthy overall. Sectors like stablecoins, AI, blockchain infrastructure, and trading continue to draw deals…

Crypto Whale Who Profited $200M From October Crash Opens $44.5M ETH Long

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The infamous Hyperliquid “OG Whale” who made nearly $200 million from the Oct. 10 market crash, alongside a few other successful plays, has loaded up $44.5 million in Ether longs. The whale, known by some as the “$10B HyperUnit Whale,” who has yet to be officially identified, added $10 million to an existing long position on Monday, taking the total up to $44.5 million, according to data from blockchain analytics platform Arkham Intelligence. “He is currently long $44.5M of ETH and is up over $300K in less than an hour,”…

Solana DePIN Project Fuse Secures No-Action Letter From SEC

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The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory cover” from enforcement. The no-action letter was sent to the Solana DePIN project Fuse, which issues a network token FUSE as a reward to those actively maintaining the network. Fuse initially submitted a letter to the SEC’s Division of Corporation Finance on Nov. 19, asking for official confirmation that it would not recommend the “SEC take enforcement action” if FUSE tokens continue to be…

Bitcoin’s Sharp Drawdowns Are Healthy and Expected: Pompliano

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Institutional investors new to crypto may have been caught off guard by Bitcoin’s volatility, and has put downward pressure on its price, according to crypto entrepreneur and investor Anthony Pompliano. During an interview on CNBC’s Squawk Box on Monday, Pompliano said Bitcoin (BTC) draws down roughly once every 1.5 years, and the recent slump isn’t likely to surprise Bitcoiners who have been in the game for a long time.  “Over the last decade, Bitcoin has drawn down 30% or more 21 different times,” said Pompliano.  “So Bitcoiners are used to…