Category: Reviews

Bitwise Files for Spot Sui ETF as Altcoin Product Push Accelerates

Key Notes The ETF would hold SUI tokens directly, providing regulated exposure for institutional investors. Sui is a Move-based Layer-1 blockchain with over 1.2 billion transactions since May 2023. SEC review for altcoin ETFs is ongoing, with approval still pending under heightened scrutiny. Asset manager Bitwise filed an S-1 with the SEC on Dec. 18 to launch the first U.S. spot ETF tracking Sui’s SUI $1.44 24h volatility: 0.8% Market cap: $5.39 B Vol. 24h: $1.11 B native token. The move extends the firm’s aggressive altcoin ETF strategy beyond Bitcoin…

Poland’s Lower House of Parliament Overrides Presidential Veto on Crypto Bill

Key Notes Poland’s Sejm passed a crypto regulation bill and sent it to the Senate for further consideration. The legislation aims to harmonize Poland’s rules with the EU’s Markets in Crypto-Assets (MiCA) framework. If approved and any presidential objections are resolved, the Polish financial watchdog KNF will gain broad authority over domestic crypto operations. Poland’s Sejm (lower house of parliament) pushed through a contentious crypto-asset bill for the second time, overriding President Karol Nawrocki’s earlier veto in a move that has reignited debate over how the country will implement the…

Binance Delists 9 Altcoins in Year End Cleanup

Key Notes Binance announced that it has delisted 9 altcoins BUZZ, DARK, FROG, GORK, MIRAI, PERRY, RFC, SNAI, TERMINUS. Despite this removal, these tokens are still available for sale for a limited time. Binance recently released a framework to protect users from illegals listings and exploitation. Top cryptocurrency exchange Binance has announced that it has delisted 9 altcoins as the year rounds up. The affected cryptocurrencies are BUZZ, DARK, FROG, GORK, MIRAI, PERRY, RFC, SNAI, TERMINUS and their delisting is effective immediately. Binance encourages anyone who wishes to engage with…

Ark Invest Adds 17,386 More Coinbase Stock

Key Notes As of December 9, Ark Invest has added another 17,386 COIN across its three funds. 12,081 COIN shares went to ARKK, 3,495 shares to ARKW, and 1,810 shares to ARK. This is part of its routine diversification and portfolio rebalancing strategy. For the second time in less than one week, Cathie Wood’s Ark Invest has acquired more Coinbase (COIN) stock across its Exchange Traded Funds (ETFs). The asset management firm placed the bet on Coinbase, which recently unveiled a system upgrade earlier this week. Ark Invest Conducts Routine…

XRP Holders Are In For More Pain As There’s ‘Not A Single Support Holding’

XRP holders could be facing another prolonged stretch of downside pressure as the cryptocurrency continues to lose ground in a weakening market. XRP’s performance this period has been underwhelming enough that analysts have seemingly given up hope of the price challenging higher resistance levels in the near term. They revealed that XRP has slipped below key support zones, leaving few technical barriers to slow further declines.  XRP Faces Further Decline As All Support Fails A crypto market analyst who goes by the name ‘Guy on the Earth’ on X has…

Jump Trading Sued for $4B Over Terra Collapse Role

Key Notes Terraform Labs’ liquidator, Todd Snyder, is suing Jump Trading for $4 billion. The lawsuit alleges Jump Trading made over $1.28 billion in profit by manipulating the TerraUSD (UST) stablecoin. Jump is accused of propping up the UST peg in May 2021 in a secret deal that granted it heavily discounted LUNA tokens. Terraform Labs’ court-appointed liquidator, Todd Snyder, has filed a $4 billion lawsuit against Jump Trading, its co-founder William DiSomma, and former president Kanav Kariya. The suit, filed in an Illinois district court, alleges the high-frequency trading…

Shiba Inu Burn Rate Rockets 3,915,071% as Altcoins See Rebound

Key Notes On December 19, Shibburn data shows that the SHIB burn rate spiked by 3,915,071.74%. This led to the removal of 21,611,748 SHIB from the ecosystem. SHIB price is 1.5% down, failing to complement the mild supply shock. In an unexpected twist, Shiba Inu SHIB $0.000007 24h volatility: 2.0% Market cap: $4.35 B Vol. 24h: $220.65 M has recorded a massive spike in burn rate within the last 24 hours. According to Shibburn, the dedicated burn tracker for the memecoin, a 3915071.74% surge in SHIB burn rate has been…

Coinbase Sues Three US States Over Prediction Market Products

Key Notes Coinbase filed lawsuits in Michigan, Illinois, and Connecticut to preempt state regulation of its new prediction market products. The core legal argument is that prediction markets are commodities under the exclusive jurisdiction of the federal CFTC, not state gambling authorities. Coinbase plans to launch the prediction markets for US customers in January 2026. Coinbase has filed lawsuits against financial regulators in Michigan, Illinois, and Connecticut, launching an aggressive preemptive challenge to prevent states from regulating its planned prediction market products. The legal filings seek court orders to affirm…

Crypto Market Digested Falling Inflation, Rising BOJ Rates

Key Notes The US CPI came in lower than the expected 3%. Japan’s CPI also declined, but the central bank increased the interest rates by 25 bps. Bitcoin, along with many leading altcoins, showed steady growth right after the macro announcements. The falling inflation in the US and Japan raised hopes for easier Fed policy, while Japan’s surprise rate hike added global tightening pressure. The US Consumer Price Index revealed a 2.7% year-over-year inflation for November, lower than the expected 3.1%, according to data from Investing.com. This was the first…

BNB Chain Launches Payments For Amazon’s AWS Customers: Can BNB Price Hold $830?

Key Notes BNB Chain integrates with AWS via BNP to offer faster settlements and reduced transaction costs for enterprise customers. Technical analysis shows BNB testing $830 support after double-top breakdown with $820 as next bearish target. Pepe Node presale approaches $2.6M target as meme coin projects capitalize on increased blockchain payment adoption. BNB Chain announced on Dec. 18 that AWS customers can now pay for services using BNB through Better Payment Network (BNP), built on BNB Chain. The integration targets faster settlement, lower transaction fees, and simpler cross-border payment execution.…