Category: Bitcoin News

ESMA crypto supervision plan creates concerns for MICA, EU crypto firms

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The European Commission’s plan to expand the authority of the European Securities and Markets Authority (ESMA) over cryptocurrency and capital markets has sparked debate across Europe, with critics warning it could stifle innovation and slow down decision-making. The European Union is reportedly exploring giving the ESMA direct supervisory powers over stock exchanges and crypto service providers, potentially creating a centralized regulatory framework more similar to the US Securities and Exchange Commission (SEC). The European Commission is expected to publish a draft of the plan in December. Under the existing Markets…

Bitcoin Long-Term Holders Offload 400K BTC as Price Nears $100K Support

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Key takeaways: Long-term Bitcoin holders sold 400,000 BTC over the past 30 days. Short-term Bitcoin holders panic-sell $3 billion in BTC at a loss. Bitcoin’s rising wedge targets $72,000 price as traders say BTC could drop as low as $60,000. Bitcoin (BTC) declined on Tuesday, falling more than 3.5% over the last 24 hours to trade at $104,000. This brings the weekly and 30-day losses to 8% and 17%, respectively. This drawdown is accompanied by selling from long-term holders, who have offloaded more than 400,000 BTC over the past month.…

Insiders Point To Sophisticated Hacker, Long Plotting

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The onchain transactions of the exploiter behind the $116 million Balancer hack point to a sophisticated actor and extensive preparation that may have taken months to orchestrate without leaving a trace, according to new onchain analysis. The decentralized exchange (DEX) and automated market maker (AMM) Balancer was exploited for around $116 million worth of digital assets on Monday. Blockchain data shows the attacker carefully funded their account using small 0.1 Ether (ETH) deposits from cryptocurrency mixer Tornado Cash to avoid detection. Conor Grogan, director at Coinbase, said the exploiter had…

Bitcoin Late Longs Washed Out as $100K Support Becomes Key for BTC Price

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Key takeaways: Bitcoin price is down 17% from its all-time high on Tuesday, dropping under $104,000. Crypto liquidations totaled $1.3 billion in losses over the past 24 hours. Traders say Bitcoin needs to quickly reclaim $105,000 to avoid a deeper correction toward $100,000.  Bitcoin (BTC) bears extended the sell-side activity into the European Trading session on Tuesday as the drop to $104,000 resulted in a large liquidation of leveraged positions across the crypto market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin wipes out liquidity in tumble to $104,000 BTC price fell…

Postmortems Can’t Stop AI-Powered Crypto Fraud

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Opinion by: Danor Cohen, co-founder and chief technology officer of Kerberus In 2025, crypto risk is a torrent. AI is turbocharging scams. Deepfake pitches, voice clones, synthetic support agents — all of these are no longer fringe tools but frontline weapons. Last year, crypto scams likely hit a record high. Crypto fraud revenues reached at least $9.9 billion, partly driven by generative AI-enabled methods. Meanwhile, in 2025, more than $2.17 billion has been stolen — and that’s just in the first half of the year. Personal-wallet compromises now account for…

Stablecoins Deserve Better, And They’re Finally Getting It

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Opinion by: Neeraj Srivastava, chief technology officer at MNEE When they first emerged, stablecoins were pitched as a revolution in payments. Traditional banking rails often take one to four days to settle debit card transactions (and weeks for wire transfers) and charge you a hefty sum for the service. Stablecoin settlements wouldn’t just be faster and cheaper; they’d be near-instant and cost almost zero.  Unfortunately, we can’t really claim they’ve lived up to that promise. While transaction settlement times have been significantly decreased, they still vary substantially depending on the…

Crypto Treasurys Will Turn Balance Sheets Into Yield Generating Networks

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Digital asset treasuries will soon evolve beyond being “static vaults” for well-known cryptocurrencies and instead look to offer tokenized real-world assets, stablecoins and other assets that generate yield, according to crypto executives.  “The next phase of Web3 treasuries is about turning balance sheets into active networks that can stake, restake, lend, or tokenize capital under transparent, auditable conditions,” said Maja Vujinovic, the CEO of Ether (ETH) treasury company FG Nexus.  “The lines between a treasury and a protocol balance sheet are already blurring, and the firms that treat treasuries as…

Strategy Files to Offer Euro Stock STRE to Fuel Bitcoin Buys

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Crypto treasury company Strategy has filed for an initial public offering of a euro-denominated perpetual stock amid its ongoing strategy to accumulate Bitcoin.  Strategy said on Monday that it plans to offer 3.5 million shares of the stock under the ticker STRE, with the net proceeds from their sales being used to buy Bitcoin (BTC) and for general business purposes. The stock provides a 10% yearly cumulative dividend on the stated amount of 100 euros ($115), paid quarterly starting on Dec. 31. Strategy said that the STRE stock is only…

Wintermute CEO Dismisses Binance Lawsuit Rumors

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Wintermute CEO Evgeny Gaevoy has refuted rumors that his market maker platform plans to sue Binance over losses incurred from the Oct. 10 market crash, which wiped out around $20 billion in leveraged positions across the market. “We never had plans to sue Binance, nor see any reason to do it in future,” Gaevoy posted to X Monday, adding: “I should probably ask to make a note of all the people spreading baseless rumors, but most of people believing these have goldfish memory capacity, so I wont.” Source: Evgeny Gaevoy…

Trump’s AI And Crypto Czar Says Heavy-Handed AI Laws Could Be Weaponized 

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US crypto and AI czar David Sacks argues that the biggest risk AI poses is not a Terminator-style revolt, but rather a dystopian future where AI spies on the population and controls what information they see.  Speaking on a Monday episode of a16z’s podcast, The Ben & Marc Show, Sacks discussed the Trump administration’s approach to crypto and AI regulation.  Sacks criticized the previous administration led by former US President Joe Biden, as well as current “blue states” like California and Colorado, for their “heavy-handed” approach to AI consumer protection…