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Today — 10 December 2025Main stream

Buterin to Musk: Turning X Into a Weaponized Hate Platform Could Backfire on Free Speech

10 December 2025 at 05:59

Ethereum co-founder Vitalik Buterin has issued a sharp warning to Elon Musk, expressing concern that X’s evolution from a platform championing free speech to a tool for organizing targeted hate could trigger a global backlash and ultimately undermine the very freedoms Musk claims to defend.

In a series of posts, Buterin said that public discourse around Europe — including from individuals he previously viewed as “interesting and sophisticated” — has grown “unhinged,” fuelled by increasingly aggressive online narratives.

@elonmusk I think you should consider that making X a global totem pole for Free Speech, and then turning it into a death star laser for coordinated hate sessions, is actually harmful for the cause of free speech. I'm seriously worried that huge backlashes against values I hold…

— vitalik.eth (@VitalikButerin) December 9, 2025

While he acknowledged legitimate criticisms of the EU, citing GDPR “clickthroughs” and “Chat Control” as policies needing reform, Buterin cautioned that the tone and coordination of these attacks signal something more dangerous.

Addressing Musk directly, Buterin wrote that turning X into “a global totem pole for Free Speech, and then turning it into a death star laser for coordinated hate sessions” is “harmful for the cause of free speech.”

He added that he is worried about the long-term consequences, warning of “huge backlashes against values I hold dear” emerging within a few years if the platform continues allowing escalation rather than debate.

The Debate Over Europe: Too Much Unity or Not Enough?

The comments triggered a wider conversation on X about Europe’s geopolitical role. One user argued that those advocating for a weakened Europe misunderstand global power dynamics, claiming international actors “drool” over the idea of dissolving EU unity and fear it may eventually federalize.

Buterin responded that he supports the idea of the EU — a shared experiment delivering the benefits of a superstate without the aggressive posture of a world power — but emphasized the union remains “a work in progress.” According to him, the balance is off: not enough unity in foreign policy and too much unity where it becomes bureaucracy and surveillance.

“If the experiment can be improved and thrives,” Buterin wrote, “it’s a model that could set a really good example for the world.”

The Free Speech Paradox Tech Platforms Now Face

Buterin’s intervention joins a growing list of voices wrestling with the same tension: Where is the line between free expression and coordinated harm? And — perhaps more importantly — who draws that line?

Musk has positioned X as a refuge against censorship after acquiring the platform in 2022. But critics argue that what began as a defense of open expression has enabled harassment networks, misinformation, and political agitation at scale.

Buterin’s warning reframes the debate not as left vs. right, or pro-EU vs. anti-EU, but as a structural risk. Empowering free speech while avoiding the weaponization of online mobs may determine whether social platforms protect democratic values — or destabilize them.

The post Buterin to Musk: Turning X Into a Weaponized Hate Platform Could Backfire on Free Speech appeared first on Cryptonews.

Yesterday — 9 December 2025Main stream

Crypto Market Consolidates as Funds Rotate to BTC and ETH After $2B Liquidations: Wintermute

9 December 2025 at 13:34

After two months dominated by uncertainty, global markets are showing greater tolerance toward negative macro inputs, according to research commentary from Wintermute.

https://t.co/GcIe5KH1NC

— Wintermute (@wintermute_t) December 9, 2025

Concerns surrounding central bank policy pivots, uneven macroeconomic data, and questions around the sustainability of AI-driven capex remain, but they are no longer triggering the same reflexive risk-off reaction seen earlier in the quarter.

The result is a consolidation phase marked by choppy but more resilient trading patterns as price action settles into a range-bound structure. Wintermute notes that the market has shifted from reactive liquidation to a more measured environment of digestion and recalibration.

Crypto Sees Rotation Into Majors as Fragility Meets Resilience

In crypto, the shift has been one of consolidation rather than breakout. Bitcoin has recovered toward $92,000, while overall crypto market capitalization has rebounded to $3.25 trillion.

Last Friday’s sharp $4,000 intraday drawdown, triggered by cascading liquidations totaling $2 billion in just over an hour, showed the lingering fragility of the recovery.

However, the key takeaway for Wintermute was that the market absorbed the shock without follow-through selling, indicating growing resilience.

Fading momentum in the Nasdaq is pushing investors toward more selective risk-taking. Wintermute’s desk notes a rotation into majors, with rare simultaneous inflows into BTC and ETH from both retail and institutional participants.

Yet despite increased spot flows, the compressed basis reflects low conviction in leveraged positioning, as participants await clarity on the macro front.

Focus Turns to the Fed and BOJ as Altcoin Appetite Stalls

A packed central bank calendar is now driving positioning. Market attention is fixed on the Federal Reserve decision this Wednesday, followed by the Bank of Japan next week.

With CME basis compressed, interest has shifted toward delta-neutral strategies in lower-cap assets, where carry opportunities remain attractive, reports Wintermute.

This trend shows a lack of appetite for directional altcoin risk, with the market prioritizing yield capture and capital efficiency over speculative exposure—a posture consistent with consolidation rather than breakout.

Outlook: Consolidation Remains the Base Case

Wintermute’s research concludes that the market is consolidating without conviction, and major macro events are likely to dictate the next directional move. Activity has narrowed around the most liquid assets, while subdued funding and muted leverage reflect caution.

Absent a decisive macro surprise, crypto is expected to remain range-bound, with volatility driven more by liquidity and structural positioning than fundamentals. Rising interest in delta-neutral and carry strategies reinforces consolidation as the prevailing regime into year-end.

The post Crypto Market Consolidates as Funds Rotate to BTC and ETH After $2B Liquidations: Wintermute appeared first on Cryptonews.

Tassat Secures U.S. Patent for ‘Yield-in-Transit’ On-chain Settlement Technology

9 December 2025 at 13:28

Tassat Group, Inc. announced on Tuesday that it has secured a U.S. patent for its on-chain Yield-in-Transit (YIT) technology, marking an advancement in programmable interest-bearing settlement infrastructure.

Proud to share that Tassat has been granted a U.S. patent for Yield-in-Transit, enabling continuous on-chain interest accrual across settlement, collateral, and treasury operations. It’s live on Lynq, with 50+ institutions onboarding. https://t.co/6BK3DUve4f

— Tassat Group (@tassatgroup) December 9, 2025

The patent is part of Tassat’s mission to modernize financial transaction systems for regulated institutions and supports the company’s role in allowing Lynq to deliver end-to-end integrated interest-bearing settlement at scale.

Developed in collaboration with Arca Labs and tZERO Group and launched in July 2025 with the backing of U.S. Bank, Avalanche, B2C2, Crypto.com, Fireblocks, Galaxy, FalconX, and Wintermute, Lynq allows digital asset institutions to accrue and receive on-chain interest continuously throughout settlement, collateral, and reserve processes.

Yield-in-Transit: Intraday Interest Without Friction

Tassat’s patented YIT technology covers the intraday accrual and distribution of on-chain interest, addressing a longstanding challenge in high-velocity settlement environments.

By allowing interest distribution proportionate to the time assets are held, the YIT model removes the ambiguity, manual reconciliation, and economic inefficiency typically associated with 24/7, cross-platform settlement.

“The award of this key patent validates Tassat’s continued innovation in tokenization and real-time programmable settlement platforms,” said Glen Sussman, Chief Executive Officer of Tassat.

“Yield-in-Transit has the potential to transform how digital asset institutions such as market makers, exchanges, custodians, and stablecoin issuers think about on-chain capital efficiency,” Sussman added.

Driving Capital Productivity in a 24/7 Financial Landscape

YIT will make sure that liquidity is never idle. The technology keeps capital productive throughout the settlement process—positioning on-chain assets to continuously generate returns in ways traditional systems cannot without batch-based cycles, cutoffs, or multi-day delays.

“This IP embodies our commitment to building next-generation blockchain solutions that meet the real-time needs of leading digital asset firms,” added Andre Frank, Chief Operating Officer of Tassat. “It opens the door to YIT-enabled features, including collateral pledging, delivery vs. payment, and stablecoin reserve management.”

Real-World Deployment Through Lynq

The real-time impact of Yield-in-Transit is already being demonstrated within Lynq’s institutional network.

“Through the incorporation of Yield-in-Transit into Lynq, our users are able to accrue on-chain intraday interest and receive distributions the same day,” said Jerald David, Chief Executive Officer at Lynq. “Tassat and Lynq are redefining how institutions optimize settlement, collateral, and liquidity operations.”

The post Tassat Secures U.S. Patent for ‘Yield-in-Transit’ On-chain Settlement Technology appeared first on Cryptonews.

Crypto Rally Stalls Near $94K Bitcoin as Bond Turmoil Spurs Risk-Off Ahead of Fed

9 December 2025 at 11:32

The crypto market entered December with strong upward momentum, with Bitcoin climbing towards $94,000 and Ethereum nearing $3,250 by late last week, according to a research note from Laser Digital.

The rally was fuelled by two key catalysts: Strategy’s purchase of roughly $960 million worth of BTC and anticipation around the Fusaka upgrade scheduled for December 3.

However, as those factors passed, bullish sentiment evaporated. Prices quickly reversed during Friday’s U.S. trading session, leading to aggressive selling. A small rebound emerged over the weekend, but sentiment failed to sustain into Monday—a pattern that Laser Digital notes has been “typical behavior of the crypto market for the past few months.”

Bond Yields Hit Multi-Decade Highs as Policy Expectations Shift

Macro conditions added pressure across risk assets. Bond markets sold off across major economies, driven initially by Japan. The JGB 10-year yield breached 1.90%, a record level over the past 30 years.

Laser Digital says that the move followed growing odds of a December rate hike by the Bank of Japan, coupled with concerns around increased issuance stemming from a larger-than-expected FY25 supplementary budget and the expected FY26 budget.

Meanwhile, in the U.S., the 10-year Treasury climbed above 4.10%, with markets positioning ahead of the Federal Reserve’s policy meeting. Expectations for a “hawkish cut” this week—a reduction accompanied by firm forward guidance—weighed on rate sentiment and risk appetite broadly.

Market Split Between Equities and Crypto

Gracy Chen, CEO at the universal exchange Bitget, said investors are behaving as if the Fed’s rate decision has already been decided. “According to CME Group’s FedWatch, Fed funds futures bet on almost a 90% chance of a 25 bp cut, which makes sense, especially given inflation cooling and soft macro data. Interestingly, just a couple of weeks ago, the chance was below 40%.”

She notes a divergence in risk sentiment: “The S&P 500 is up almost 17% this year and trades only about 4% below its October peak. Yet U.S. equity funds had $3.5 billion in outflows last week, while global funds added $7.9 billion… Crypto, sadly, is much weaker… A rate cut could make BTC rise back toward $94,000–$96,000. By contrast, a cautious move could send it into the $80K range again.”

Volatility Builds Ahead of Central Bank-Heavy Week

Laser Digital notes that options markets are pricing extra volatility ahead of the FOMC decision. The trading desk expects “price action to be choppy this week and next,” citing a dense calendar that includes the Fed on December 10, the BOJ on December 19, and two major labor reports in between.

Market focus is centred on the Fed’s updated Summary of Economic Projections (SEP) dot plot and the potential revision to the terminal rate path, both of which could reshape positioning into year-end.

Volume Cools, but Event Risk Premium Remains

Crypto volatility has eased back from recent peaks, though markets continue to price event risk meaningfully. BTC volumes are trading around the 45-vol handle and ETH around 70-vol, with 11th December event volatility marked at 56v for BTC and 75v for ETH.

Laser Digital notes that spot-vol correlation remains negative—a trend that has continued to materialize. With macro forces dominating and catalysts fading, markets appear braced for turbulence as central banks take centre stage.

https://t.co/nW0weLdqlv

— Laser Digital (@LaserDigital_) December 9, 2025

The post Crypto Rally Stalls Near $94K Bitcoin as Bond Turmoil Spurs Risk-Off Ahead of Fed appeared first on Cryptonews.

Before yesterdayMain stream

BlackRock Expands Beyond $11B ETH Fund With Staked Ethereum ETF Filing

8 December 2025 at 12:06

BlackRock is advancing further into digital asset investment products with a filing for the iShares Staked Ethereum Trust ETF, its first U.S. product that offers direct staking exposure for institutional investors.

The official prospectus filing for ishares Staked Ethereum ETF, their fourth crypto filing. Spot btc, eth, btc income and now this. pic.twitter.com/M6vRxiGm78

— Eric Balchunas (@EricBalchunas) December 8, 2025

The move expands upon the firm’s existing Ethereum fund, which now exceeds $11 billion in assets, and reflects the growing market appetite for yield-generating crypto strategies.

The preliminary prospectus, dated December 5, describes a vehicle that will reflect ETH price performance while also capturing rewards from staking a portion of its holdings.

The trust will issue shares representing fractional beneficial interests in its ether assets, which will be held in custody on behalf of investors. Staking rewards, once received, are intended to enhance net asset value, though the filing cites regulatory and operational risks that could impact distribution and performance.

Multi-Custodian Structure Anchored by Coinbase and BNY Mellon

The filing outlines a layered custody and administration model. Coinbase Custody Trust Company is slated to serve as the ETH custodian, while The Bank of New York Mellon will act as cash custodian and administrator.

Anchorage Digital Bank is listed as an additional custodian, strengthening the trust’s regulated oversight and redundancy. BlackRock Fund Advisors will serve as trustee, and iShares Delaware Trust Sponsor LLC is listed as the sponsor of the trust. The structure indicates a clear intention to position the product as a compliant infrastructure designed for institutional comfort and risk management.

Provider-Facilitated Staking, Not Validator Operation

Instead of running validator infrastructure directly, the trust will rely on approved third-party staking service providers. The sponsor will determine how staking is allocated based on provider performance, reliability, and reputation.

Staking operations may be executed through affiliates of the custodians or other regulated partners, with the prospectus noting both reward potential and slashing risk as material considerations for investors.

The trust intends to issue shares continuously and list on NASDAQ under the ticker “ETHB”, with creation and redemption occurring in standardized baskets of 40,000 shares.

Institutional Demand Shifts Toward Yield-Bearing Crypto Products

BlackRock’s filing indicates a strategic shift as institutional investors increasingly seek exposure beyond price-only products and toward yield-bearing, tokenized financial instruments. If approved, the ETF may help define how staking rewards are classified, a topic still evolving in U.S. regulatory circles.

The staked ETH ETF positions BlackRock at the center of this transition, reflecting its ambition to shape the next phase of digital asset adoption, one in which exposure is not merely speculative but grounded in the operational economics of blockchain networks.

BlackRock’s Bitcoin ETF Bleeds $2.7B

Meanwhile, BlackRock’s iShares Bitcoin Trust has logged its longest stretch of weekly withdrawals since the fund launched in January 2024, marking a sharp turn in institutional sentiment toward Bitcoin even as prices steady. Investors pulled more than $2.7 billion from the fund over the five weeks ending Nov. 28, according to data from SoSoValue.

Redemptions continued on Thursday with an additional $113 million, putting the ETF on track for a sixth consecutive week of outflows.

The post BlackRock Expands Beyond $11B ETH Fund With Staked Ethereum ETF Filing appeared first on Cryptonews.

Binance Confirms Employee Suspended Amid Ongoing Insider Information Investigation

8 December 2025 at 10:43

Binance has disclosed the interim results of an ongoing investigation following a report submitted on December 7, alleging that employees used insider information to publish content via the company’s official social media channels for personal gain.

关于员工涉嫌违规事件的调查结果公告

亲爱的币安用户及社区成员:…

— Binance Futures (@BinanceFutures) December 8, 2025

The report, delivered to Binance’s internal audit department, led to the immediate launch of a comprehensive internal review. Preliminary findings indicate a connection between a token issuance posted on-chain at 13:29 (UTC+8) and a tweet published at 13:30 from the official @BinanceFutures account, with similarities in language and imagery.

Binance confirmed that the actions are suspected to involve employees leveraging their positions in violation of company policies and professional ethics.

Suspension and Legal Cooperation Underway

In response to the findings, Binance said it has suspended the employees believed to be involved while further internal procedures continue. The company also confirmed it has proactively contacted authorities in the relevant jurisdiction and will cooperate with legal processes to ensure accountability.

Binance stressed that it is committed to taking firm action against conduct that compromises user trust, platform integrity, or regulatory compliance.

Bounty Rewards Distributed to Verified Reporters

Binance stated that it has completed the verification and deduplication process for reports submitted through its official audit channel (audit@binance.com). In line with its bounty commitment, the company will evenly distribute a $100,000 reward among the earliest valid reporters identified by partially anonymized email addresses.

While acknowledging additional information posted publicly on the X platform, Binance clarified that bounty eligibility applies exclusively to reports sent through its designated official channel, in order to protect reporters and uphold procedural transparency.

Zero Tolerance, Strengthened Controls, and Community Oversight

Reaffirming its user-first approach and values of openness and fairness, Binance reiterated its zero-tolerance stance toward actions that undermine the platform or exploit authority for personal gain.

The company plans to strengthen internal systems, tighten management processes, and close potential gaps that could allow future misconduct.

Binance also encouraged ongoing community participation and oversight, inviting users to submit relevant leads through the official reporting channel to support the creation of a secure, transparent blockchain ecosystem and a trusted trading environment for all participants.

The statement concluded by thanking users for their continued support and reiterating the platform’s commitment to responsibility, accountability, and ongoing improvement as the investigation progresses.

The post Binance Confirms Employee Suspended Amid Ongoing Insider Information Investigation appeared first on Cryptonews.

Digital Asset ETPs Record $716M Weekly Inflows as AuM Reaches $180B: CoinShares

8 December 2025 at 06:40

Digital asset investment products recorded a second consecutive week of inflows, totalling $716M, showing improving sentiment across institutional and retail investors after a volatile period in crypto markets, according to the latest report from CoinShares.

CoinShares reports total assets under management rose 7.9% from their November lows to $180B, though this figure remains below the all-time high of $264B. Daily flow data indicated minor outflows toward the end of the week, which analysts believe reflected macroeconomic uncertainty and market reactions to U.S. inflation-related data.

Despite those short-term jitters, the week’s net performance highlights renewed confidence in digital asset exposure through exchange-traded products.

A notable trend was the geographic spread of inflows, suggesting renewed interest globally rather than activity concentrated in a single region. The United States led with $483M in inflows, followed by Germany at $96.9M and Canada at $80.7M, demonstrating that institutional re-engagement with crypto markets is widening across regulated investment platforms.

Bitcoin Leads Inflows While Short Products Reverse

Bitcoin remained the primary focus for investors, recording $352M in inflows last week, contributing to year-to-date (YTD) inflows of $27.1B. This remains below the record $41.6B seen in 2024; however, continued inflows suggest persistent appetite for exposure despite reduced volatility and slower price momentum compared to previous cycles.

In contrast, short-Bitcoin investment products saw outflows of $18.7M — the largest since March 2025. Analysts note that the previous occurrence coincided with price lows and later recovery, hinting that current negative sentiment may have exhausted itself, with investors positioning for a more favourable outlook.

The reversal in short-Bitcoin demand could be interpreted as a tactical shift, where investors are less confident in prolonged downside risk and increasingly reassessing the potential for stabilization or upside in digital asset markets.

XRP Sees Strong Momentum as Institutional Interest Accelerates

XRP continued to draw attention, with $245M flowing into ETPs last week, bringing YTD inflows to $3.1B — a dramatic increase compared to $608M in 2024. The surge reflects heightened institutional engagement following greater clarity around its legal and regulatory landscape, which has broadened access and improved sentiment.

The continued rise in XRP ETP demand marks one of the strongest comparative growth stories in the digital asset space this year, suggesting that investors may now be reassessing exposure beyond Bitcoin and Ethereum as the market diversifies.

Chainlink Records Largest Inflows on Record

Chainlink registered $52.8M in weekly inflows, representing over 54% of its total assets under management — the largest on record for the token. The surge highlights growing institutional and developer interest in the tokenized asset and oracle infrastructure ecosystem that Chainlink underpins.

As tokenization of real-world assets expands and demand for reliable data connectivity increases across blockchains, Chainlink’s growth may indicate a long-term thematic trend rather than short-term speculation.

Digital asset ETPs saw US$716m in weekly inflows, lifting total AuM to US$180bn, though still well below the US$264bn all-time high. Bitcoin attracted US$352m while XRP (US$245m) and Chainlink (US$52.8m) also saw strong demand. Short-Bitcoin products saw outflows of US$18.7m, the…

— Wu Blockchain (@WuBlockchain) December 8, 2025

The post Digital Asset ETPs Record $716M Weekly Inflows as AuM Reaches $180B: CoinShares appeared first on Cryptonews.

Stablecoin Adoption and Tokenized Settlement Take Center Stage at Binance Blockchain Week

4 December 2025 at 12:00

During a panel session moderated by CryptoNews during Binance Blockchain Week, panelists examined the accelerating evolution of stablecoins, from retail adoption and cross-border payments to tokenized settlement and institutional frameworks. Speakers included Sam Elfarra (Tron DAO), Marcelo Sacomori (Braza Bank), and Daniel Lee (Banking Circle).

A clear exploration of how stablecoins are evolving into a global financial utility and the infrastructure required to keep them secure, liquid, and accessible.

Moderated by @Tanzeel_Akhtar

Speakers:
🔸Sam Elfarra | Community Spokesperson | Tron DAO
🔸Daniel Lee | Head of Web3… pic.twitter.com/rhdqs3wr4D

— Binance (@binance) December 4, 2025

Stablecoins: The Fastest-Growing Segment of Digital Assets

Opening the discussion, the moderator positioned stablecoins as the fastest-growing category in digital assets, citing issuance and wallet counts rising by around 50% and daily trading volumes now surpassing Visa. The conversation focused on usability, reliability during volatility, the emergence of bank-issued tokens, and the infrastructure required to support tokenized settlement.

Brazil’s Regulatory Trust Advantage

Marcelo Sacomori, representing Brazil’s largest stablecoin dealer, detailed Braza Bank’s issuance of BRL- and USD-linked tokens driven by FX demand and corporate payments. He stressed transparent reserves, independent verification, and liquidity as pillars of trust. Brazil’s regulatory clarity, he said, has accelerated institutional uptake and consumer confidence.

“Once you use stablecoins for payments, you’ll never want to go back to traditional ways. I think, in two years, stablecoins will no longer be a niche product,” said Sacomori.

Tokenized Settlement and the Institutional Shift

Banking Circle’s Daniel Lee explained that tokenized real-world assets cannot scale without a tokenized settlement capable of atomic, near-instant transfer. He outlined the distinction between tokenized deposits and bearer stablecoins, adding that EU e-money token frameworks create regulated, bankruptcy-remote structures suitable for institutions.

Emerging Markets Driving Volume and Use Cases

Speaking for Tron DAO, Sam Elfarra described strong momentum across LATAM, Africa, Southeast Asia, and the Middle East, where users seek affordability, reliability, and dollar stability. Tron’s uptime and operational resilience, he noted, have supported high transaction throughput even during periods of market volatility.

Closing the session, it was concluded that stablecoins are no longer a niche experiment but are rapidly becoming the backbone of global value exchange—reshaping how money moves, is stored, and, in the near future, how tokenized assets will settle.

The post Stablecoin Adoption and Tokenized Settlement Take Center Stage at Binance Blockchain Week appeared first on Cryptonews.

CZ and Peter Schiff Face Off at Binance Blockchain Week 2025: Bitcoin or Tokenized Gold?

4 December 2025 at 11:01

Binance Blockchain Week 2025 delivered one of its most anticipated moments when Changpeng Zhao (CZ), founder of Binance and Giggle Academy, took the stage opposite Peter Schiff, senior economist and founder of Euro Pacific Asset Management and Schiff Gold.

We are LIVE now from the #BinanceBlockchainWeek Main Stage!

The much-anticipated big debate is kicking off, don’t miss a moment!

Watch it live 👉 https://t.co/4ED3HwmOj9 pic.twitter.com/BaC6S7QN58

— Binance (@binance) December 4, 2025

The debate tackled a defining question for the global financial environment: Is the future of sound money rooted in Bitcoin or will tokenized gold ultimately prevail? The atmosphere was charged with investors, developers, policymakers, and institutional delegates filling the main hall for what quickly became a clash of ideology, economics, and technology.

Schiff: Tokenized Gold Enhances What Already Works

Peter Schiff framed tokenized gold not as competition to Bitcoin but as the modernization of a centuries-tested store of value. “Tokenized gold improves all the monetary properties of gold while it remains a store of value. The token is simply the evidence that you own the gold in the vault.”

He argued that technology solves the core logistical weakness of gold—portability—without undermining its intrinsic qualities. “For money purposes, tokenized gold is better than physical gold. Ownership can change hands while the gold never leaves the vault.”

Schiff reminded the audience that gold’s value is anchored in utility, rarity, and historical trust. “What gives gold value is not that you can touch it, but that it has real utility as a metal. There are industries that need gold and things only gold can do.”

For Schiff, tokenization is evolutionary, not revolutionary—retaining the asset while removing friction.

CZ: Digital Value Needs No Physical Form

CZ countered with the argument that Bitcoin is native to the internet economy and benefits from being purely digital. “If I give you Bitcoin right now, we can verify it in several ways that you received it. It settles instantly and transparently on-chain.”

He positioned Bitcoin as more than a currency—it’s a global decentralized ecosystem. “Bitcoin is more than a transaction network. It is an entire industry with many use cases and a very large, global community behind it.”

CZ dismissed the notion that money requires physical backing to be credible, comparing Bitcoin’s value to that of tech platforms. “The internet is virtual. There is nothing physical about Google or X, but they clearly have value. Many virtual things have value; that value is not tied to physical properties.”

Two Philosophies, One Converging Future

The debate pointed out a broader shift: traditional assets are being digitized, while native digital assets continue to mature. Tokenized gold caters to those who value tangible backing and historical stability; Bitcoin speaks to a generation aligned with decentralization and borderless liquidity.

If Binance Blockchain Week made one thing clear, it’s that the future of money may not be defined by one asset—but by how well traditional and digital systems coexist, compete, and inevitably converge.

The post CZ and Peter Schiff Face Off at Binance Blockchain Week 2025: Bitcoin or Tokenized Gold? appeared first on Cryptonews.

Ripple, Solana and Binance Execs Break Down Market Shifts at Binance Blockchain Week 2025

3 December 2025 at 06:03

A high-profile panel at Binance Blockchain Week in Dubai brought together Brad Garlinghouse of Ripple, Lily Liu of the Solana Foundation, and Binance’s Richard Teng to dissect the latest trends shaping digital asset markets.

Moderated by CNBC’s Dan Murphy, the conversation spanned Bitcoin’s recent volatility, the rapid rise of stablecoins, and institutional adoption driven by regulatory clarity.

Bitcoin’s Rebound and the Leverage Flush-Out

Murphy opened the session by recapping Bitcoin’s turbulent performance. The asset has climbed 8% over the past week to reclaim nearly $90,000, despite still sitting roughly 30% below its October peak.

The surge comes on the heels of a dramatic market reset that saw $20 billion in leverage positions wiped out across exchanges, alongside negative funding rates in Bitcoin perpetuals.

While some view this as a sign of cooling sentiment, the panel stressed that liquidity stress and rapid corrections remain natural features of the crypto cycle.

Lily Liu noted that the selloff was amplified by an “irrational liquidity window,” adding that volatility should be embraced rather than feared. “When I reread the original Bitcoin forums, I’m struck by how much clarity there was—speed, cost, programmability, and liquidity have been the themes since 2015,” she said. These fundamentals, she argued, remain the north star for long-term development.

ETFs, Institutions, and the Stablecoin Economy

Despite short-term turbulence, institutional appetite remains strong. Murphy pointed out continued inflows into Bitcoin and Solana ETFs, which have helped offset the leverage wipeout. The panel agreed that the broader macro narrative is now being shaped by regulation and corporate adoption, not retail speculation.

📉 Solana ETFs hit an $8.1M outflow after 21 days of inflows, and investors are speculating whether this marks a shift or a temporary reset.#SOL #ETFhttps://t.co/02BVtx6yIx

— Cryptonews.com (@cryptonews) November 27, 2025

Richard Teng stresses the surge in stablecoin usage as one of the year’s defining trends. He noted that stablecoin market capitalization has risen 50%, with wallet numbers climbing by the same margin.

“I think stablecoins massively improve capital efficiency—they’re cheaper, faster, and I expect a lot of institutions to rely on them,” Teng said.

Brad Garlinghouse also pointed to regulatory clarity in the U.S.—particularly around the Gensler Act—as a turning point for institutional engagement.

“People are starting to recognize that stablecoins really are stable and much easier to manage and move, especially in this region,” he said. Ripple’s recent acquisition of G Treasury, he added, has sparked “remarkable interest from corporate customers” exploring stablecoin-based payment rails.

Solana’s Long-Term Vision and Market Infrastructure

Liu expanded on Solana’s ambition to build what she described as the “TCP/IP for money,” a unified financial layer supporting global, instantaneous capital flows. She emphasized that the next wave of adoption will depend on speed, cost efficiency, liquidity, and utility—not speculation.

Daily inflows into the Solana ETF, she said, demonstrate growing institutional validation. Liu also noted Solana’s goal of expanding financial inclusion across emerging markets, arguing that crypto’s role in digitizing global capital markets is only beginning to unfold.

Regulation, Market Maturation, and Industry Outlook

Regulatory clarity was a recurring theme throughout the discussion. Teng pointed to developments in Abu Dhabi and Dubai, where policymakers have approved regulated stablecoins, as evidence that governments now see digital assets as part of national financial strategy.

Garlinghouse was cautiously optimistic about progress in Washington. The Clarity Act, he said, is gaining momentum and could mark a decisive shift in the U.S. regulatory environment. Collaboration between regulators and industry leaders, he argued, is essential “to unlock the next chapter of institutional adoption.”

The post Ripple, Solana and Binance Execs Break Down Market Shifts at Binance Blockchain Week 2025 appeared first on Cryptonews.

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