CoinShares has officially withdrawn its plans to launch three cryptocurrency exchange-traded funds: the Solana Staking ETF, the XRP ETF, and the Litecoin ETF. Updated filings submitted to the U.S. Securities and Exchange Commission (SEC) confirmed that the issuer will no longer move forward with any of the proposed products. Each withdrawal was made through a Form RW, which stated that no shares were sold and that the earlier S-1 registrations were never executed, effectively ending the companys ETF ambitions for these assets. The notice for the Solana Staking ETF referenced the original S-1...

BlackRock has intensified its presence in the digital asset market, purchasing a combined $589 million worth of Bitcoin and Ethereum from Coinbase over the past three days. Data from Onchain Lens, referencing Arkham intelligence, shows that the asset manager accumulated 4,044 BTC and 80,121 ETH during this period, marking one of the largest institutional crypto acquisitions this month. Based on current market prices, the haul reflects about $354 million in Bitcoin and $235 million in Ethereum. These transfers were executed in several large batches, including a notable 300 BTC transaction...

Dogecoin is finally showing signs of stabilization after weeks of steady declines, yet it remains too early to call a full bullish reversal. Recent price action reflects an encouraging shift in momentum: buyers are gradually absorbing sell pressure, and DOGE is climbing off its recent lows. However, the cryptocurrency remains capped beneath a well-defined descending trendline that continues to dictate broader market direction. Until this barrier breaks, any rally remains limited by default. One of the strongest technical signals developing is the structure forming around the $0.15$0.16...

XRP is beginning to flash early signals of a potential bullish reversal, with its latest price behavior suggesting that a move toward the $2 level is not out of reach if momentum continues to strengthen. While the trend has not officially shifted, the structure forming on the charts is showing characteristics often seen before a meaningful upside move. One of the most notable developments is XRPs reaction along the lower boundary of its descending channel. After tapping the bottom of the structure, the asset absorbed a wave of aggressive selling before staging a clean bouncean encouraging...

Tether, the worlds largest stablecoin issuer, has confirmed it is shutting down its bitcoin mining operations in Uruguay after failing to secure a favorable agreement with government authorities over energy tariffs. The companys withdrawal marks a major setback for its ambitions in South America, where it had planned significant long-term investments tied to renewable energy and sustainable crypto mining. According to reports from Uruguays Ministry of Labor, Tether reaffirmed its decision during a meeting with the National Directorate of Labor. As part of the shutdown, 30 of its 38 employees...

Brazilian fintech firm Tanssi is launching a government-backed blockchain project that aims to provide microloans to small-scale farmers in São Paulo. Following the successful pilot of a local digital currency in Santo Antnio da Alegria, the new program will officially roll out next month, offering loans of up to R$15,000 (about $2,800) to rural producers. Speaking to CoinDesk during the Blockchain Conference Brasil, Tanssis Director of Business Development, Luis Dal Porto, revealed that the mobile app for the microlending service is already live, enabling users to access credit...

Amundi, one of Europes largest asset managers, has taken a major step toward blockchain-powered finance by issuing a tokenized share class of its flagship Amundi Funds Cash EUR. Announced on Thursday, the launch brings one of the regions most recognized euro cash funds onto the Ethereum blockchain, offering investors a new way to access and trade fund units through distributed ledger technology. The new structure allows investors to choose between the traditional share class purchased with cash or a tokenized version recorded directly on Ethereum. According to Amundi, the first transaction...

Bitmine Immersion Technologies, backed by Fundstrats Tom Lee, has continued its aggressive Ethereum accumulation strategy, purchasing an additional 14,618 ETH valued at approximately $44.34 million, according to Onchain Lens data from November 28. The transfer originated from a BitGo hot wallet, further signaling the firms steady on-chain activity. With this latest acquisition, Bitmine Immersion now controls roughly 3.6 million ETHequivalent to 3% of Ethereums circulating supply. Yahoo Finance data places the companys enterprise value at $12.19 billion and its crypto reserves at $11.2...

CME Group temporarily suspended trading across several major asset classes after a critical systems failure disrupted operations at its data centers. According to a Reuters report, a cooling malfunction at a CyrusOne facilityresponsible for powering CMEs technology infrastructureforced the exchange operator to freeze activity in futures, options, commodities, and foreign exchange markets on its Globex platform. The outage brought a sudden stop to trading in key benchmarks such as the SP 500 and Nasdaq 100 futures, as well as major currency pairs. Traders noted that the halt notice arrived...

Volatility metrics for bitcoin (BTC) and the SP 500 are signaling a potential synchronized year-end rally as expectations for a Federal Reserve rate cut surge. Bitcoins options-based 30-day implied volatility index, BVIV, has fallen back to 51% after briefly spiking near 65% during last weeks sharp price correction, when BTC dropped from roughly $96,000 to $80,000. Deribits DVOL index shows a similar pattern, underscoring how crypto volatility has increasingly mirrored swings seen in traditional markets. Wall Streets VIX index also surged to 28% ahead of Nov. 21 before easing to around 17%,...