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Bitfinex says crypto spot trading activity has fallen sharply this quarter, with volumes down 66% from January’s peak as traders step back amid softer ETF inflows and an uncertain macro backdrop. In a Sunday post on X, the exchange noted that the slowdown mirrors periods seen in earlier market cycles, where extended lulls often “precede the next leg in the cycle.”According to data from CoinMarketCap, 30-day crypto spot volumes have slipped from over $500 billion in early November to roughly $250 billion this week.Trading activity struggled to stay above the $300–$350 billion range throughout late November and early December, with…

After a 13-page letter from investment powerhouse Citadel Securities advised the U.S. Securities and Exchange Commission that decentralized finance (DeFi) protocols handling tokenized securities demand a closer regulatory grip, the industry answered back with its own correspondence on Friday, calling the arguments “baseless.””While we share Citadel’s aims with respect to investor protections, orderly markets, and the integrity of the national market system, we disagree that achieving these goals always necessitates registration as traditional SEC intermediaries and cannot, in certain circumstances, be met through thoughtfully designed onchain markets,” according to the new letter to the SEC, signed by the DeFi Education…

Crypto analyst Egrag Crypto has again predicted that the XRP price could reach $27. This time around, he outlined the technical formation that could spark a parabolic surge for the altcoin as it eyes the $27 target.  How The XRP Price Could Reach $27 In an X post, Egrag Crypto stated that the Linear Regression targets for the XRP price are $3.4, $10, and $27. He further explained that, as of this month, these three major price levels stand out based on the long-term Logarithmic Linear Regression Channel. The analyst then touched on each price target and how XRP could…

By Omkar Godbole (All times ET unless indicated otherwise)Last week, CoinDesk flagged the potential for action in crypto cross pairs even as major tokens and the broader market looked lackluster against the dollar. Since then, the biggest cross by market value, ether ETH$3,315.53 priced in bitcoin BTC$92,033.03, has delivered, and today touched 0.036, the highest since Oct. 27.The ADA/BTC pair also advanced, touching its strongest level since Nov. 20. Bitcoin BTC$92,033.03 dropped back after briefly popping to $94,500 late Tuesday. ETH, ADA and privacy coins XMR and ZEC all jumped more than 7% in 24 hours, while SOL, DOGE, XLM,…

The Solana meme coin ecosystem is attractive, but it is also filled with risks. Many investors plan to trade in the short term. Yet rapid price swings forced them to become “diamond hands” unwillingly.Can they recover their losses? The following reasons show why this is difficult.Sponsored SponsoredWhy Solana Meme Coin Investors Face Slim Chances of Breaking EvenCoinGecko reports that the total market capitalization of Solana meme coins is approximately $6.45 billion, with a daily trading volume of over $1.7 billion.However, the seven leading meme coins — TRUMP, BONK, PENGU, WIF, FARTCOIN, and PIPPIN — account for about 70% of the…

Binance Executive Yi He’s WeChat Hacked in $55K Meme Coin Scam

A 22-year-old California resident has pleaded guilty to his role in a multi-state social engineering scheme that stole roughly $263 million in crypto. Evan Tangeman of Newport Beach, California, admitted laundering $3.5 million in crypto for the criminal enterprise, the U.S. Attorney’s Office announced Monday. Tangeman pleaded guilty to participating in a Racketeer Influenced and Corrupt Organizations (RICO) conspiracy before U.S. District Court Judge Colleen Kollar-Kotelly.  Sentencing is scheduled for April 24, 2026. He is the ninth defendant to enter a guilty plea in this specific investigation. The court also unsealed the Second Superseding Indictment, adding three more defendants. Nicholas…

A hacked WeChat account linked to Binance’s Yi He triggered a brief memecoin surge. MUBARA spiked 8x before crashing as attackers sold early, profiting about $55,000. Incident exposes risks of dormant web 2 accounts still influencing crypto markets. A dormant WeChat account linked to Binance co-CEO Yi He was hijacked on 9 December, setting off a rapid memecoin spike that caught traders off guard and briefly reshaped activity on BNB Chain. The compromised account was used to promote a little-known token called MUBARA, drawing in traders who assumed the posts came from a credible source. Within minutes, the token’s price…

In brief The EU has launched an antitrust investigation into whether Google exploited publisher and YouTube content to fuel its AI products without fair compensation or consent. Regulators warn that the practices may give Google an unlawful competitive edge over rival AI developers across Europe. This is the EU’s second investigation against Google in a month, as Brussels cracks down on Big Tech’s AI practices. The European Commission launched a formal antitrust investigation Tuesday into whether Google breached EU competition rules by using web publisher and YouTube content to power its artificial intelligence services without fair compensation or consent.”The Commission…

Strive (ASST), a publicly traded bitcoin BTC$92,335.75 treasury and asset-management company, said it arranged a $500 million at-the-market offering (ATM) for its Variable Rate Series A Perpetual Preferred Stock (SATA) to help fund further purchases of the largest cryptocurrency.SATA pays a 12% dividend with an effective yield near 13%, and the security is intentionally modeled after Strategy’s (MSTR) STRC money market style perpetual preferred equity. SATA currently trades around $91, below its $100 par value. An at-the-market offering allows a company to raise funds quickly by selling new stock near the current market price.Proceeds may be used to acquire bitcoin,…