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Sunday2025/1221
12-19

XRP ETFs Surpass $60M in Assets Amid Token Price Decline

XRP ETFs crossed $60 million in assets on December 17, while crypto price for XRP dropped during the same period. According to Crypto.News, ETF inflows don’t always push spot prices higher, as fund managers often buy after market close. Institutional investors typically take weeks for approvals, and...

DraftKings Launches Independent Prediction App 'DraftKings Predictions'

DraftKings launched its new prediction app, DraftKings Predictions, offering price prediction features for sports and financial markets. The app, regulated by the CFTC, is now available on major app stores. Users can trade contracts based on real-world outcomes, including Bitcoin price prediction sc...

Wyoming Senator Cynthia Lummis Announces No Reelection Bid in 2026, Raising Questions on Crypto Legislation

Senator Cynthia Lummis, a key Republican backer of the digital asset market, will not seek reelection in 2026, ending her Senate term in 2027. Her exit may slow the digital asset market structure bill, which passed the House in July 2025 and now awaits Senate action. Lummis cited the heavy demands o...

Arthur Hayes Advises 'Dumpster Diving' in Altcoins Amid Fed's RMP Program

Arthur Hayes urges investors to explore altcoins to watch, despite their struggles in 2024. He links the move to the Fed’s RMP program, predicting Bitcoin could hit $200,000 by March. The October 10 liquidation wiped $19 billion from markets, hurting retail and institutional players. Ethereum and So...

PayPal and OpenAI Partner for Chat-to-Checkout Shopping Inside ChatGPT

PayPal and OpenAI made a partnership announcement to enable in-app shopping via ChatGPT. The integration allows users to shop without leaving the chat interface, with businesses appearing directly in ChatGPT. PayPal aims to boost convenience and transparency through this AI + crypto news development...

U.S. Senator Cynthia Lummis Announces No Bid for Re-election

U.S. Senator Cynthia Lummis, a key figure in crypto legislation, will not seek re-election in 2026. Her term ends in January 2027. As Wyoming’s Republican senator and chair of the Senate Banking Committee’s Digital Assets Subcommittee, she has shaped crypto legislation and supported liquidity and cr...

SEC Bans FTX Executives from Leadership Roles for 8-10 Years

The U.S. Securities and Exchange Commission has banned FTX executives Caroline Ellison, Gary Wang, and Nishad Singh from leadership roles for 8 to 10 years. Ellison, ex-CEO of Alameda Research, gets a 10-year bar, while Wang and Singh each face eight-year restrictions. The SEC claims they misused cu...

Draftkings Launches CFTC-Regulated Predictions Marketplace App

Draftkings launched its CFTC-regulated predictions app, Draftkings Predictions, on December 19, 2025, for U.S. users. The app lets users trade contracts based on real-world outcomes like sports and financial events. It operates separately from the company’s sportsbook and is registered as an introdu...

Whale Transfers 3,331 BTC Worth $293M Between Unknown Wallets

A whale moved 3,331 bitcoins, valued at around $293 million, between unknown wallets, according to Whale Alert. The transaction was reported by Bijie.com. Many crypto traders are asking, what is the significance of such a large transfer? The wallets involved remain unidentified, and the purpose of t...

Columbia Professor Warns of Risks as Traditional Financial Giants Embrace Blockchain

Columbia Business School professor Omid Malekan has warned about the risks as major financial firms adopt blockchain technology. While DTCC, Visa, SWIFT, Stripe, and PayPal push blockchain initiatives, Malekan says they ignore how tokenization and stablecoins could threaten their core models. He poi...

SEC Files Final Settlements in FTX Fraud Case Against Key Executives

The U.S. Securities and Exchange Commission (SEC) has submitted final settlements to a New York federal court in its case against key FTX and Alameda executives. The agreements target Caroline Ellison, Zixiao Gary Wang, and Nishad Singh, who could face permanent anti-fraud injunctions and conduct-ba...

Citigroup Sets 12-Month Bitcoin Price Target at $143,000 Amid ETF Demand

Bitcoin price prediction for 2024 now stands at $143,000, according to a Citigroup report citing rising demand for spot Bitcoin ETFs. Institutional investors are the main drivers, with $70,000 seen as a key support level. In a bear case, Bitcoin price could drop to $78,500, but a bull case suggests ...

Hyperscale Data Announces $50M Share Offering for Bitcoin Acquisition and Data Center Expansion

Hyperscale Data, Inc., a Bitcoin-focused AI data center firm, announced a $50 million share offering. The company will use most of the funds to buy Bitcoin and expand its Michigan data center. Remaining proceeds will cover working capital and corporate needs. The move comes amid ongoing Bitcoin news...

Bitwise Files S-1 for SUI ETF with U.S. SEC

Bitwise has filed a Form S-1 with the U.S. SEC for a SUI ETF, marking a new token launch in the blockchain space. The fund will hold and stake SUI, the native token of the Sui blockchain. Coinbase Custody Trust Company will serve as custodian for the SUI assets. The ETF is designed to track SUI’s pe...

U.S. Major Stock Indices Rise, Tech and Crypto Stocks Lead Gains

U.S. major stock indices rose on December 20, 2025, with the Nasdaq up 1.31% and the S&P 500 gaining 0.88%. The Dow Jones added 0.38%. Tech stocks led the way, with NVIDIA up nearly 4% and Google rising over 1%. The crypto market also saw strong performance, with Hut 8 surging over 14% and Coinbase ...

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