Fireblocks acquires TRES Finance for $130M to enhance crypto accounting and reconciliation services, addressing enterprise needs for audit-ready operations in stablecoin and treasury flows. #Update #Crypto
XRP Ledger sees a spike in $100K+ whale transactions, reaching a 3-month high with 2,802 transfers, indicating potential volatility. $XRP also trends on social platforms. #Update #Crypto $XRP
Cambodian authorities extradited billionaire Chen Zhi to China, accused of orchestrating a billion-dollar crypto scam involving forced labor. #Breaking #Legal
@RiotBlockchain sold $200M worth of $BTC in November to fund its AI-focused Corsicana Facility, marking a significant shift from zero sales during the same period last year. #Update #Crypto $BTC
Bitcoin’s price dipped below $90,000, triggering over $100M in long liquidations within an hour amid significant outflows from US spot Bitcoin ETFs. #Update #Crypto $BTC
@Kalshi CEO Tarek Mansour supports the new U.S. legislation to ban insider betting among officials using non-public information, highlighting the need for robust regulation in financial prediction markets. #Update #Legal
@MorganStanley’s late entry into spot Bitcoin ETFs may enhance its reputation and strategic positioning in the brokerage and crypto sectors, according to analysts. #Update #Crypto $BTC
Bitcoin price dropped below $90,000, down 2% in 24 hours, as U.S. spot BTC ETFs saw $486M in outflows over two days. Only @BlackRock’s IBIT recorded inflows. #Update #Crypto $BTC
Consequential Senate committee votes on the U.S. crypto market structure bill are pending, but ongoing discussions have not yet met key Democratic demands. #Update #Crypto
World Liberty Financial, linked to Donald Trump’s family, applies for an OCC national trust bank charter for its USD1 stablecoin. Only Anchorage Digital has prior approval. #Update #Crypto
Faryar Shirzad of @Coinbase highlights Senate debates on stablecoin rewards in the GENIUS Act, warning against aiding China’s Digital Yuan efforts. #Update #Crypto
Ether ETFs see inflows for the third day, while Bitcoin faces $243M outflows. XRP and Solana gain momentum in a mixed trading session. #Update #Crypto $ETH
Billionaire Ray Dalio highlights the devaluation of fiat currencies and gold’s 65% return as the key investment story, overshadowing US stocks, which underperformed relative to non-US equities last year. #Update #Crypto $GOLD
Binance launches TradFi perpetual contracts for 24/7 trading, starting with gold and silver, enhancing market access under ADGM regulation. #Update #Crypto $USDT
