Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy villain.
But miners are not a single actor, and selling pressure isn't just a mood. It's math, contracts, and deadlines. When stress shows up, what matters is not whether miners want to sell, but...
David Sacks announced on Dec. 18 that Senate Banking Chair Tim Scott and Senate Agriculture Chair John Boozman confirmed a January 2026 markup for the CLARITY Act.
“We look forward to finishing the job in January!”
The problem: a January markup isn't finishing anything.
It's the opening move in a multi-year pipeline where the most contested questions haven't been resolved, and statutory language...
On Dec. 15, Elizabeth Warren put two names at the top of a letter that signals where she thinks US crypto policy is actually written: Treasury Secretary Scott Bessent and Attorney General Pamela Bondi.
The ask is simple on paper but awkward in practice. Are their departments investigating what she calls “national security risks” tied to decentralized exchanges, and if so, how far does that...
When a network brags about throughput, it’s really bragging about how much chaos it can swallow before it chokes. That’s why the most interesting part of Solana’s latest “stress test” is that there’s no story at all.
A delivery network called Pipe published data that put a recent barrage against Solana at roughly 6 terabits per second, and Solana’s co-founders backed the broad thrust of it in...
Bitcoin (BTC) walks to close 2025 with more than $112 billion locked in US spot ETFs, exchange reserves at a record low of 2.751 million BTC, and perpetual futures open interest of nearly $30 billion.
Every single one of those data points would have sounded constructive in 2022. In late 2025, they map to the same outcome: price chopping between $81,000 and $93,000 while narratives stay bullish...
Bitcoin’s inability to reclaim $90,000 is looking less like a debate about narratives and more like a test of market plumbing.
For the better part of 2025, the surface story was institutional momentum. The US moved toward a workable regulatory perimeter, capped by President Donald Trump signing the GENIUS Act to federalize payment stablecoins.
At the same time, spot Bitcoin ETFs normalized...
Four XRP spot ETFs now trade in the US, with combined assets of $941.7 million as of Dec. 18. Grayscale's GXRP holds $148.1 million, Canary Capital's XRPC $373.6 million, Franklin Templeton's XRPZ $189 million, and Bitwise's XRP ETF $215.6 million.
That stack grew from roughly $336 million at launch in November to current levels in under two months, front-loading a lot of excitement into a narrow...
Bitcoin’s ETF data is doing that annoying thing where it looks terrifying if you only read the headline.
Big chunks of ETF buyers are sitting on losses, and every red flow day gets framed as the start of a stampede.
But if you look closely at the numbers, they tell a different story.
Outflows are small relative to the pile of assets in the funds, and they keep landing at the same time futures and...
The zkEVM ecosystem spent a year sprinting on latency. Proving time for an Ethereum block collapsed from 16 minutes to 16 seconds, costs dropped 45-fold, and participating zkVMs now prove 99% of mainnet blocks in under 10 seconds on target hardware.
The Ethereum Foundation (EF) declared victory on Dec. 18: real-time proving works. The performance bottlenecks are cleared. Now the real work starts...
The following is a guest post and opinion from Volodymyr Nosov, Founder and President at W Group, CEO at WhiteBIT.
For the second consecutive month, the cryptocurrency market has been in decline. A nearly 30% correction since early October — roughly $1.2 trillion in market capitalization — raises questions about the depth of this downturn and what is driving it.
To emphasize from the outset: the...