Texas Secures $5M in IBIT Shares in First Step Toward Bitcoin Reserve
As part of its effort to launch the Texas Strategic Bitcoin Reserve, the state purchased $5 million of BlackRock’s IBIT, signaling early-state-level momentum.
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Breaking Crypto News
Metaplanet Takes $130M Bitcoin-Backed Loan to Double Down on BTC Strategy
Metaplanet has drawn another $130 million from its Bitcoin-backed credit facility, expanding its total borrowing to $230 million as it accelerates BTC accumulation.
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Solana ETFs Defy Market Outflows With $369 Million Inflows Driven by Staking Yields
Solana ETFs drew $369 million in inflows in November as investors increasingly seek yield-bearing crypto assets with strong staking rewards.
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Monad Airdrop Disaster: User Loses $112,700 After Automating Hundreds of Failed Transactions
A Monad airdrop recipient lost more than $112,000 in MON tokens after hundreds of automated failed transactions burned the entire allocation in gas fees.
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Strategy Hit by Index Overhang and Premium Drop, but TD Cowen Analysts Call for $535 Target
Strategy’s bitcoin premium has fallen toward its 2021–2022 lows amid growing MSCI removal risks, but TD Cowen remains bullish with a $535 price target.
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Revolut Soars to $75B Valuation After Major Share Sale
Revolut has secured a $75 billion valuation through a share sale backed by top global investors, cementing its status as one of the world’s most valuable fintechs.
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XRP Gets a Fresh Boost as Franklin Templeton Brings XRPZ ETF to U.S. Markets
Franklin Templeton has launched its XRPZ ETF on NYSE Arca, marking a major institutional milestone for XRP just months after Ripple settled its SEC case.
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Deutsche Bank Warns Bitcoin Is Acting Like a High-Beta Tech Stock Again
Deutsche Bank says Bitcoin’s $1 trillion wipeout was driven by macro stress, fading regulatory momentum, ETF outflows, and long-term holder selling.
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Upbit Eyes Nasdaq IPO After Major Merger With Naver, Bloomberg Reports
Upbit is preparing for a Nasdaq IPO after completing a merger with Korean tech giant Naver, signaling a push to merge crypto infrastructure with TradFi.
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Stablecoins Pose Little Threat to Europe, ECB Finds — But Warns Rapid Growth Needs Watching
The ECB says stablecoins pose minimal financial stability risk to Europe due to low adoption and strong regulation, but warns that growth requires close monitoring.
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