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Friday2025/1212
12-02

Bank of America to Allow 1-4% Bitcoin ETF Allocations in Client Portfolios from January 2025

As per Coinotag, Bank of America will permit wealth management clients to allocate 1%–4% of their portfolios to cryptocurrency via regulated Bitcoin ETFs starting January 5, 2025. The bank’s Chief Investment Officer, Chris Hyzy, emphasized that this move targets thematic innovation and elevated vola...

Bank of America Allows 1%-4% Crypto Allocation via Regulated ETFs Starting January 5

According to AMBCrypto, Bank of America has permitted its wealth management clients to allocate 1%–4% of their portfolios to crypto through regulated Bitcoin ETFs, effective January 5. This move comes amid a broader market correction, with the global crypto market cap currently at $3.09 trillion, do...

Upbit Sees Surging Trading Volume After $36M Hack Amid 'Fence Pumping' Phenomenon

As per DL News, South Korean crypto exchange Upbit recorded a 27.5% surge in trading volume to over $2 billion just days after a $36 million hack. The spike is attributed to a local phenomenon known as 'fence pumping,' where traders increase buying activity on the exchange due to suspended withdrawa...

Litecoin Drops 25% Amid Bearish Signals, XRP Eyes $166, ZKP Launches Live 4-Layer Ecosystem

In accordance with Blockchainreporter, the Litecoin price has dropped 25% in two weeks, raising concerns about a potential breakdown toward $75 or $30. Technical indicators such as the RSI and MACD have turned negative, signaling downward pressure. Meanwhile, XRP is trading near $2.21, with analysts...

Ripple Locks 700M XRP in Escrow, Price Recovers 6.94% Amid Regulatory and Institutional Momentum

In accordance with FinBold, Ripple executed its monthly XRP release on December 1, 2025, unlocking 1 billion XRP but relocking 700 million in escrow between 1:12 am and 1:14 am UTC on December 2. The remaining 300 million XRP will support liquidity and institutional demand. Despite a broader crypto ...

Mono Protocol Enters Phase 19, Gains Attention for Cross-Chain Infrastructure

As reported by Biji Network, Mono Protocol has entered Phase 19, drawing attention for its unified cross-chain model and routing design. The project has raised $3.68 million in its presale, with a target of $3.8 million. It aims to simplify cross-chain activity through a unified balance model and au...

Jupiter Launches $69M WET Token Sale to Boost Solana DeFi Ecosystem

Citing Biji.com, Jupiter, a leading decentralized exchange (DEX) on Solana, is set to launch the WET token (HumidiFi) in a three-phase initial coin offering (ICO) starting on December 3, 2025. The token sale, with a final valuation of $69 million, aims to enhance transparency and liquidity in DeFi. ...

Crypto ETPs Rebound $1B, DeepSnitch AI Surges 70% as Top Contenders Emerge

As per Blockchainreporter, crypto ETPs reversed a four-week decline, drawing $1.07B in inflows after losing $5.5B in November. The rebound has traders shifting to higher-conviction assets like DeepSnitch AI, Solana, and Chainlink. DeepSnitch AI, a presale project with live tools, has seen its token ...

ABTC Shares Drop Over 50% Amid Bitcoin Market Downturn

As reported by Coinotag, ABTC shares plunged over 50% in early trading amid a broader crypto market downturn, with Bitcoin falling below $80,000. American Bitcoin Corp, led by Eric Trump, saw its stock hit $1.75, down 78% from its September high. Despite reporting Q3 profitability with $3.47 million...

Growing Merchant Adoption of Crypto Payments Reshapes Online Commerce

Citing Blockchainreporter, an increasing number of online merchants are integrating crypto payment options into their platforms, driven by the need for faster settlements, lower fees, and global accessibility. As businesses seek alternatives to traditional financial intermediaries, blockchain-based ...

FDIC Announces December Deadline for Stablecoin Licensing Rules

In accordance with CoinEdition, FDIC Acting Chair Travis Hill announced that the agency plans to issue its first regulatory proposal under the GENIUS Act by the end of December. This proposal will outline the process for companies to apply for status as a Permitted Payment Stablecoin Issuer (PPSI). ...

Polish President Vetoes Crypto-Asset Market Act, Citing Excessive Length

As per Jinse, Polish President Karol Nawrocki has vetoed the proposed Crypto-Asset Market Act, which aimed to introduce strict regulations for the country's crypto industry. The presidential office confirmed on Monday that Nawrocki would not sign the bill, citing concerns that it 'truly threatens th...

Bank of America to Allow Bitcoin ETF Recommendations for Wealth Clients Starting 2026

Derived from CoinPaper, Bank of America has authorized its wealth management advisors to recommend bitcoin investments to eligible clients, effective January 2026. The policy applies to both Merrill Lynch and the Private Bank division, allowing advisors to suggest allocations of 1% to 4% of client p...

UXLINK Hacker Spends $5.38M on Bitcoin and Ethereum via Cow Protocol

As per BitcoinWorld, an address linked to the UXLINK hacker has spent $5.38 million to purchase 38.2 Bitcoin (BTC) and 702.5 Ethereum (ETH) via Cow Protocol. The transaction, which occurred just two hours ago, was tracked by blockchain analytics firm Lookonchain. The hacker used a decentralized exch...

Shark Tank Star Kevin O’Leary Predicts Altcoins Are Finished, BTC and ETH Hold All Alpha

Citing Bitcoin.com, Shark Tank star Kevin O’Leary claims altcoins are no longer worth investing in, stating that Bitcoin and Ethereum are the only assets capturing significant alpha. He argues that the rise of legal stablecoins has diminished Bitcoin’s role as a payment tool, and the upcoming Clarit...

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