Twenty One's NYSE debut could bolster Bitcoin's legitimacy in global markets, potentially increasing institutional interest and adoption.
The post SoftBank-backed Twenty One to begin trading on NYSE today with over 43,500 Bitcoin appeared first on Crypto Briefing.
The IP covers intraday, block-by-block interest accrual during 24/7 settlement and underpins Lynq, an institutional network Tassat co-launched in July.
Rising retail participation incentivizes data-driven, “elite” traders to use “information asymmetry” and spreads caused by casual investors seeking a quick buck, 10x said.
Bitcoin appears pinned near $90,000 ahead of the FOMC, with analysts arguing that Powell’s guidance will dictate crypto’s next major move.
Bitcoin surrendered gains from earlier in the week, fell back toward $90,000 as traders braced for Wednesday’s Federal Reserve rate decision.
Shiba Inu has just logged its most intense burst of large-holder activity in half a year, raising questions over whether fresh volatility – and potentially renewed selling pressure – is around the corner. On-chain analytics firm Santiment reported the move on X, highlighting a six-month chart of Shiba Inu’s price, exchange balances and large transfers. According to the firm, “Shiba Inu has seen the highest amount of whale transfers since June 6th today, happening in tandem with a +1.06T net change to the amount of SHIB on exchanges. The #24 market cap in crypto is likely to see high volatility in the coming days.” What Does This Mean For The Shiba Inu Price? The chart shows 406 individual transactions exceeding $100,000 in value within a single day, the highest reading since early June. The second-highest peak occurred during the October 10 market meltdown, when roughly 300 SHIB whales were active, and the third came in mid-July, as more than 280 whales executed transfers. Related Reading: Shibarium Hack Fallout: Shiba Inu Team Criticized For Not Reporting Breach These “whale” transfers represent activity from large holders, trading desks and liquidity providers whose moves can materially affect market liquidity and order-book depth. At the same time, Shiba Inu’s exchange supply has jumped. Santiment’s overlay of “Supply on Exchanges (SHIB)” reveals a clear, abrupt uptick, annotated as “1.06T More SHIB On Exchanges in 24 Hours.” This reflects a net inflow of around 1.06 trillion tokens into exchange wallets, meaning more SHIB is now sitting in venues where it can be traded immediately. In market-structure terms, the combination of record recent whale activity and a sharp rise in exchange balances creates conditions that often precede significant price swings. Moving coins from self-custody to exchanges does not guarantee that they will be sold, but it increases the portion of circulating supply that is “sale-ready” and able to hit the order books at short notice. Related Reading: Will The Shiba Inu Price Hit A New All-Time High In 2025? Machine Learning Algorithm Answers Whether that translates into an outright dump is not yet visible on-chain. The same footprint could reflect whales preparing to sell, to arbitrage across venues, to supply liquidity, or to rebalance positions in anticipation of broader market moves. Santiment itself stops short of a directional call, limiting its guidance to the expectation that the Shiba Inu token “is likely to see high volatility in the coming days.” For now, the data point is clear: Shiba Inu’s largest holders have become more active than at any time since early June, and over a trillion additional tokens have shifted onto exchanges in just 24 hours. The direction of the next major move will depend on how that newly mobile supply is deployed. At press time, SHIB traded at $0.00000859. Featured image created with DALL.E, chart from TradingView.com
Polygon’s hard fork cuts consensus time to one second, supports Fusaka EIPs and lays the groundwork for stablecoin and RWA-focused scaling.
Altcoins may be entering their strongest phase in years, and one analyst believes the charts are already giving early warnings. Popular crypto analyst Moustache has pointed to a rare ETH/BTC signal that has marked the start of every major altcoin boom since 2017. This same signal has just appeared again, and the market may be …
Plume Network has received a commercial license from the Abu Dhabi Global Market, allowing expansion into the Middle East.
HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.
HashKey opens IPO subscriptions as it seeks to raise $214.7 million, valuing Hong Kong’s biggest crypto exchange at about $2.5 billion.
Netflix is one of the world’s largest streaming platforms and is often at the center of tech-related rumors. Now, a new claim is spreading across X and Web3 communities that Netflix is in talks with MetaMask to allow Ethereum-based subscription payments. The rumor gained huge attention, so Coinpedia stepped in to fact-check whether the claim …
On Dec. 7, at 05:29 UTC, someone deployed a token called “year of yellow fruit” on-chain. Less than one minute later, the Binance Futures official account posted text and images promoting the token. Within two hours, the token surged 4,600% and reached nearly $4 million in market cap. Binance’s internal audit confirmed an employee used […]
The post Binance confirmed a rogue employee used the company account to pump a personal token 4,600% in minutes appeared first on CryptoSlate.
Bullish reversal signals and rising whale demand increase ZEC’s chances of hitting $500 in December, though some caution remains warranted.
Circle has secured a major regulatory approval in the UAE, receiving a full Financial Services Permission (FSP) license from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA). The license allows Circle to operate as a regulated money services provider within ADGM, one of the world’s fastest-growing hubs for compliant digital assets. With this …
Hong Kong is taking another big step in tightening its crypto oversight. The government has launched a public consultation on adopting the OECD’s Crypto-Asset Reporting Framework (CARF) and updating the Common Reporting Standard (CRS) – a move that will pull crypto transactions firmly into global tax-transparency systems. Hong Kong Moves Toward Automatic Crypto Tax Reporting …
Bitwise CIO Matt Hougan said crypto is positioned for 10–20x growth as tokenization, bitcoin, and stablecoins gain mainstream adoption.
Bitcoin is trading near $90,549 as investors grow confident that the Federal Reserve will cut interest rates at the upcoming FOMC Meeting Date and Time. Market-based predictions continue to strengthen, with Polymarket placing the odds of a 25-basis-point cut at 94%, while the CME FedWatch Tool indicates an 87.4% probability ahead of the FOMC rate …
Glassnode’s senior researcher has pointed out how Bitcoin perpetual futures market is looking like a “ghost town,” with Open Interest continuing to be at muted levels. Bitcoin Futures Open Interest Has Remained Low Since October Reset In a new post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about the recent trend in the Bitcoin Open Interest for the perpetual futures market. The “Open Interest” refers to an indicator that measures the total amount of positions related to the asset that are currently open on all centralized derivatives platforms. Related Reading: This 11.7 Billion Dogecoin Wall Could Be Key Resistance For DOGE, Analyst Says When the value of the metric rises, it means the investors are opening new positions related to the asset. Generally, new positions come with fresh leverage for the sector, so the cryptocurrency’s price can become more volatile following an increase in the Open Interest. On the other hand, the indicator going down suggests the perpetual futures traders are either closing up position of their own volition or getting forcibly liquidated by their platform. Such a trend can lead to more stable price action for BTC due to the clearing of leverage. Now, here is the chart shared by CryptoVizArt.₿ that shows the trend in the Bitcoin perpetual futures Open Interest (BTC-denominated) over the last few months: As displayed in the above graph, the BTC-denominated Bitcoin perpetual futures Open Interest saw a sharp plunge back in October as a result of the crash in the cryptocurrency’s price. Following the leverage flush, the indicator traveled sideways around its lows, but in mid-November, speculation noted an uptick as the asset’s drawdown continued, with the metric’s value peaking alongside the level that has so far acted as the bottom. Since this high, however, the indicator has cooled off once again and approached the same lows as the ones that followed the massive liquidation event in October. Thus, with Open Interest back under 310,000 BTC, it seems speculative interest in the market has once again become muted. The recent decline in speculative participation has come alongside a drop in the perpetual futures Funding Rate, a metric tracking the amount of periodic fee being exchanged between the short and long investors. From the chart, it’s visible that the Bitcoin perpetual futures Funding Rate has been going down since a while now. “This persistent drift lower reflects a decline in leveraged long conviction, with traders unwilling to pay a premium to maintain upside exposure,” noted the Glassnode researcher. Related Reading: Bitcoin Market Structure Echoes 2022 Bear Start, Glassnode Warns Based on the recent developments, CryptoVizArt.₿ has called the perpetual futures market a “ghost town.” BTC Price At the time of writing, Bitcoin is floating around $90,500, up almost 6% over the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
A fake screenshot claiming BlackRock had filed for a Staked Aster ETF spread across crypto Twitter today, picking up so much traction that multiple websites covered it. For a moment, it looked like Aster had landed a breakthrough moment on Wall Street until it didn’t. The filing was never real, and Binance founder CZ stepped …
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
MSTR executive chairman shuts down idea of near term expansion of perpetual preferreds in Japan.
Bitcoin (BTC) price continues to consolidate around the $90,000 handle, struggling to reclaim the $93,000–$94,000 resistance zone as bullish momentum fades. A noticeable slowdown in spot ETF inflows has reduced buying pressure, keeping BTC locked in a tight range despite recent volatility. With the price holding above key short-term support near $88,000, traders remain cautious. …
Twenty One Capital, a major player in the Bitcoin (BTC) treasury sector founded by Jack Mallers, is on the verge of going public in the United States. However, ahead of its highly anticipated debut on December 9, the company has moved a substantial sum of 43,500 BTC—approximately worth $4.5 billion—into an escrow wallet. This move has sparked market concerns about a potential sell-off, which could create major selling pressure for the leading cryptocurrency as it attempts to consolidate above the key $90,000 support level. $1.5 Billion Loss In Bitcoin Investments Experts on the social media platform X (formerly Twitter), such as OxNobler, have pointed out that the company is currently grappling with a significant $1.5 billion loss on its Bitcoin investment. He warned that this financial pressure could potentially lead to a new crash for Bitcoin and adversely affect the broader cryptocurrency market as well. Related Reading: Here’s How High The Dogecoin Price Will Go Once The MACD Bullish Cross Happens The apprehension surrounding this situation is reflected in Bitcoin’s price action, as the leading cryptocurrency dipped below $90,000 earlier on Monday amid growing uncertainty about its future trajectory. However, Jack Mallers had previously addressed the reasoning behind this monumental Bitcoin transfer. According to him, this step is part of the preparations for Twenty One Capital’s upcoming listing on the New York Stock Exchange (NYSE). As part of the transaction, the company is transitioning 43,500 BTC from third-party custody to a self-custody account, ensuring transparency by updating its proof of reserves accordingly. The firm, backed by major players like Tether and SoftBank, aims to take on Michael Saylor’s Bitcoin proxy firm Strategy (previously MicroStrategy) in the competitive Bitcoin treasury sector. A significant milestone was reached on December 3, when shareholders of CEP approved a business merger with Twenty One Capital, paving the way for the company’s initial public offering (IPO). Once the transactions are finalized, the combined entity will operate as Twenty One Capital, Inc., with its shares expected to begin trading on the NYSE under the ticker symbol “XXI.” Twenty One Capital Gears Up For IPO Amid the preparations for its anticipated debut in the US, the firm has indicated that it will focus exclusively on Bitcoin-related ventures, offering shareholders new opportunities to gain exposure to BTC through equity markets. With a Bitcoin-native operating framework and a long-term strategy designed for value creation, Twenty One intends to establish itself as a leading platform for capital-efficient Bitcoin accumulation and related business initiatives. Related Reading: Analysts Split on XRP Future Outlook as Centralization Debate Intensifies This move to go public follows a tumultuous period for Mallers, who disclosed that JPMorgan Chase had abruptly closed his accounts in September without explanation. “Last month, J.P. Morgan Chase threw me out of the bank… Whenever I asked them why, I received the same response: ‘We aren’t allowed to tell you,’” Mallers recounted on November 23. The closure letter cited “concerning activity” and referenced the Bank Secrecy Act, preventing him from reopening accounts at the bank. Featured image from DALL-E, chart from TradingView.com
Circle appointed Visa's Saeeda Jaffar as managing director of the region, who will lead strategy and institutional partnerships.
Circle has secured a license in Abu Dhabi, enabling it to operate as a licensed Money Services Provider as the UAE accelerates its rollout of crypto regulations.
Ethereum is compressing just below a critical resistance band near $3,300–$3,350, even as the broader crypto market remains unsettled by Bitcoin’s choppy price action around $43,000–$44,000. Despite the volatility, the ETH price has defended support near $3,050, forming a tight consolidation range that often precedes larger moves. With the ETH/BTC pair hovering near its own …
Paradigm co-founder Matt Huang shared research on X suggesting prediction market Polymarket may be double-counting its reported trading volume due to a data aggregation error. If correct, the flaw could flow through to most analytics sites and public datasets that depend on Polymarket’s figures. Critics pointed out that Paradigm backs a rival prediction platform and …
NFT sales fell to $320 million in November — their lowest this year — with early December off to a weak start as top collections slide across the board.
HashKey Holdings, operator of Hong Kong’s largest crypto exchange, has filed for an IPO in the city. The listing is the first public offering by a dedicated crypto exchange in Hong Kong. HashKey plans to sell about 240.57 million shares, with a price range of HK$5.95 to HK$6.95, aiming to raise up to HK$1.67 billion. …