Crypto Users Face 40% Tax Evasion Risk
The Canadian Revenue Agency reports 40% of crypto users may evade taxes, with $100M collected from audits. New legislation is expected by Spring 2026 amid compliance challenges. #Update #Crypto $BTC
Ethereum Staking ETF Launches by BlackRock
BlackRock filed an S-1 for a new Ethereum staking ETF, ETHB, aiming to track ETH returns and staking rewards. This follows previous SEC delays on similar proposals. #Update #Crypto $ETH
Bitcoin Reacts to Fed Decision Impact
The crypto market focuses on the Federal Reserve’s potential “reserve management” shift, with 87.2% odds for a rate cut and implications for liquidity. #Update #Crypto $BTC
Bitcoin Payments Launch at US Retailers
Oobit expands its crypto payments platform to the U.S., enabling self-custody wallet payments at Visa checkouts globally. #Update #Crypto
Solana ID Minting Launches on MetaMask
MetaMask offers free Solana ID minting until December 22, 2024, with exclusive perks from Solana platforms like Orca and SNS to boost wallet adoption. #Update #Crypto $SOL
Ethereum Surges as BlackRock Files Staked ETF
@BlackRock’s ETHB ETF will stake 70-90% of its $ETH holdings, aiming for staking rewards while using Coinbase Custody and Anchorage Digital as custodians. $ETH price rises to $3,128 amid increased institutional interest. #Update #Crypto $ETH
Binance Bans Employee for Insider Trading Misuse
@Binance suspends an employee for allegedly misusing insider information for personal gain via a tweet. The incident is reported to authorities, with a $100,000 reward offered for credible informants. #Update #Crypto $BNB
Bitcoin Plummets Below $90K Amid 35K BTC Outflows
Bitcoin ($BTC) dropped below $90,000 as US selling pressure increased, with liquidations at $330 million and over 35,000 BTC exiting exchanges in two weeks. #Update #Crypto $BTC
Bitcoin Dominates CoinDesk’s Most Influential 2025
Bitcoin reached an all-time high of $126,000 in 2025, while Ethereum underwent two major upgrades; however, market volatility and security incidents raised concerns in the crypto sector. #Update #Crypto $BTC $ETH
Bitcoin Bans Target Crypto Sanctions Evasion
The UK unveils an Anti-Corruption Strategy targeting crypto-assets to prevent sanctions evasion, aiming to enhance enforcement and international collaboration. #Update #Legal
Bitcoin Investor Surges All-In on XRP
Crypto X AiMan sold all $BTC for $XRP, citing legal clarity and Ripple’s holdings. XRP shorts dominate at $15M versus $0.6M longs. XRP trades at $2.09. #Update #Crypto $XRP
Bitcoin ETF Flows Plummet Solana Surges
A volatile first week of December sees net outflows for bitcoin and ether ETFs, while solana and XRP funds gain. #Update #Crypto $SOL
Stablecoin Airdrop Launches via Merkl and Stargate
Netflix announced its acquisition of Warner Bros. Discovery’s TV, film studios, and streaming business, leading to a stock downgrade by Pivotal Research due to antitrust concerns. #Update #Media
Bitcoin Acquires 10624 More Dots Amid Sell-Off
@MicroStrategy has acquired 10,624 BTC for $962.7 million, raising its total to 660,624 BTC. The purchase comes amid a Bitcoin price rebound and concerns over potential asset sales. #Update #Crypto $BTC