• XRP-linked ETFs have surpassed $1B in net inflows, defying broader market dips.
• Ethereum sees significant downward pressure amid whale exits.
• Broad markets remain deteriorated due to liquidity crunches.

Cryptocurrencies extended their weakness on Tuesday, with Bitcoin sliding toward $85K.

The value of all digital assets has declined by 3% over the past day to $2.96 trillion.

Sentiments are deteriorating daily due to thin liquidity, as even fundamentally healthy projects are failing to sustain prolonged upsides.

Amidst the gloomy outlook, investors are becoming more defensive, with institutional players reducing exposure as they rotate to narratives dominating the current landscape.

This divergence is visible in leading altcoins, XRP and Ethereum, in this case.

Let us explore further.

XRP spot ETF inflows hit $1B mark

Ripple’s token is recording a rare enterprise win amid broad market declines.

According to SoSoValue data, XRP-linked exchange-traded funds have hot $1 billion in cumulative inflows.

That marks a crucial milestone for a product that launched on November 13.

Notably, XRP ETFs have recorded consistent daily inflows since their debut.

The substantial inflows, within a short timeframe, indicate that expert investors are narrowing their focus and not exiting crypto altogether.

XRP’s compliant ETF structure makes it appealing for institutions seeking cryptocurrency exposure without handling operational risks or custody.

Most importantly, the inflows suggest a long-term positioning strategy, rather than chasing near-term price fluctuations.

Why is XRP standing out

XRP’s institutional attractiveness lies in its improved regulatory clarity and clear use cases.

Narratives matter the most during bearish sessions.

Indeed, traditional investors will justify a payment-focused blockchain ecosystem faster than highly speculative or experimental narratives.

Moreover, ETFs are crucial for enterprises looking to manage risk as they offer transparency, compliance, and liquidity.

These features are valuable during unstable markets and have helped XRP-related products absorb pressure as rivals endure outflows.

Meanwhile, XRP is trading at $1.92 after losing 7% the previous week.

ETH hit by large-scale selling

While the XRP community cheered staggering inflows, Ethereum is encountering immense selling pressure as large-scale holders reduce their exposure.

According to Lookonchain, BlackRock has deposited 47,463 ETH, valued at approximately $140 million, to Coinbase Prime.

Markets have interpreted the transaction as a preparation to sell.

At the same time, the Konstantin Lomashuk-linked wallet sold 14,585 tokens, worth roughly $42.71 million, today, when ETH changed hands at $2,928.

Also, Lookonchain revealed two whales that dumped Ethereum worth around $40.82 million, 14,000 tokens early today.

The magnitude and timing of these transfers have intensified bearish sentiments around the largest altcoin.

These transactions coincide with an already fragile market, amplifying downward momentum for ETH prices.

Ethereum is trading at $2,928 after losing 3% and 6% the past day and week.

 

 

The post Altcoins update: XRP ETFs hit $1B in inflows; whales offload Ethereum appeared first on CoinJournal.

• Sui price has dropped 6% in the past 24 hours as altcoins extend losses.
• Bitcoin’s downtrend means Sui could see new losses.
• A technical breakdown might bring the $1 support level into play.

Sui price hovers in the red as a 6% dip sees bulls battle to keep bears off the $1.40 support level.

At the time of writing, SUI changed hands at around $1.47, down as cryptocurrencies witnessed fresh sell-off pressure amid a broader market correction.

Aster and Telcoin are among the top losers in the past 24 hours.

SUI shows bearish bias amid crypto dump

The Sui token has declined 6% over the past 24 hours and sits more than 24% below its monthly peak, when it approached $1.77 in early December.

As with other altcoins, the downturn has coincided with a drop in open interest across derivatives markets and a rise in liquidations.

It’s indicative of waning confidence among leveraged positions, which makes the current pullback likely to morph into a prolonged correction.

For SUI, bulls have struggled since their advances were rejected around $4.45 in July 2025.

As Bitcoin trades in a downtrend around the $86,500 following its retreat from recent highs, altcoins, including Sui, have suffered a bearish cascade.

This broader market sell-off has amplified downside pressure on most layer-1 tokens, despite increased institutional interest across ETFs, tokenization and digital asset treasury initiatives.

CoinGecko has outlined Solana as the blockchain with the most market traffic share year-to-date.

However, as the platform’s data below shows, Base, Ethereum and Sui are the next top chains, ahead of BNB Chain, XRP Ledger, and Sonic.

Sui price forecast

Technical indicators currently point to heightened downside risks, with a potential breakdown threatening to accelerate selling pressure.

On daily charts, the Relative Strength Index (RSI) sits at 41. It’s approaching oversold territory and suggests momentum could weaken further if buyers fail to defend current levels.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows signs of an impending bearish crossover.

With the signal line likely to cross below the MACD line, this indicator reinforces a short-term negative momentum.

If SUI price fails to bounce above $1.40, bears could target $1.34 area and then $1.20.

A sustained breakdown might expose bulls to deeper retracements toward $1.

On the upside, a recovery above $1.50 could invalidate the immediate bearish thesis.

In this case, the key target will be resistance near $2.00. The 50-day exponential moving average at $1.87 provides the first hurdle.

The post SUI price forecast as bulls risk bearish flip below $1.40 appeared first on CoinJournal.

Key takeaways

• Stellar’s XLM is down 3.4% and is now trading around $0.22.
• Derivatives data signals a bearish positional buildup, with further downside expected in the near term.

XLM derivatives suggest further bearish price action

Stellar (XLM) is trading in the red zone for the seventh consecutive day, losing 3.4% of its value in the last 24 hours. The bearish performance comes as the broader cryptocurrency market is bleeding, with XLM now expected to retest the April low in the near term. 

XLM’s derivatives data shows that the bearish trend could grow thicker. Data obtained from CoinGlass shows that XLM futures Open Interest (OI) is in a largely declining trend, at $118.43 million, down from $124.72 million recorded yesterday. 

The declining OI suggests a decline in the notional value of XLM futures, with the total value of all active positions (long and short) currently on the decline. 

With XLM declining,  long liquidations over the last 24 hours totaled $406,740, outpacing short liquidations of $6,040. The long-to-short ratio chart shows that short positions increased to 53.37% today, up from 50.57% recorded on Monday. 

XLM could decline below the $0.20 psychological level

The XLM/USD 4-hour chart is bearish and inefficient as Stellar has underperformed over the last seven days. The coin is currently trading at $0.222, retesting the June low of $0.217.

If the bearish trend continues, XLM could drop below the $0.2001 level marked by the April 7 low. An extended bearish trend could see the cross-border remittance token aim for the support at $0.1642, followed by the annual low of $0.1600. 

Currently, the technical indicators are bearish, suggesting that sellers are in control. The Relative Strength Index (RSI) is at 35, pointing toward the oversold zone. Furthermore, the Moving Average Convergence Divergence (MACD) is falling steeply after crossing below the signal line a few hours ago.

However, if the bulls regain control, XLM could flip the bearish narrative and retest the $0.2579 support-turned-resistance.

The post Stellar Lumen price prediction: XLM retests the June low, eyes further dip appeared first on CoinJournal.

• The integration will support automated payments and onchain SGD-USD exchange.
• XSGD and XUSD have processed more than $18 billion in onchain transactions.
• StraitsX operates under MAS regulation and is exploring payments with Grab.

Singapore-based stablecoin issuer StraitsX plans to extend its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026.

The move reflects a broader push to place regulated stablecoins at the centre of high-speed blockchain settlement, particularly for payments, digital commerce, and emerging AI-driven use cases.

By tapping into Solana’s low-cost and high-throughput infrastructure, StraitsX aims to make SGD- and USD-denominated transactions more efficient across decentralised finance, institutional flows, and everyday payments.

The expansion also positions the company to meet rising demand for programmable money within interoperable, software-native environments.

Solana integration plans

The rollout was announced in collaboration with the Solana Foundation and detailed in a Tuesday blog post.

Once live, users will be able to settle transactions using XSGD and XUSD directly on Solana, taking advantage of faster settlement times and lower transaction fees.

StraitsX said the integration brings multiple financial functions together on a single blockchain, spanning centralised exchange support, decentralised liquidity pools, lending markets, and consumer payments.

The company views Solana as a suitable base layer to support complex payment flows that require speed and scalability without sacrificing reliability.

Demand from AI and commerce

StraitsX said the expansion is designed to support increasing usage from digital commerce platforms and AI-native applications.

Solana has seen growing adoption for x402-based payments, an interoperability standard that enables automated transactions between software agents.

Both XSGD and XUSD already support the x402 standard natively, and this capability will extend to Solana.

As a result, developers and institutions will be able to deploy automated payment use cases, including onchain foreign exchange between SGD and USD, automated market maker liquidity provisioning, lending protocols, and institutional-grade settlement processes.

Onchain volume and token data

XSGD is already live across multiple blockchains, including Ether, Polygon, Avalanche, Arbitrum, Zilliqa, Hedera, and the XRP Ledger.

XUSD is currently available on Ethereum and BNB Smart Chain.

XSGD has a market capitalisation of $13 million with a circulating supply of 16.7 million tokens, while XUSD has a market capitalisation of $52 million.

Combined, the two stablecoins have processed more than $18 billion in onchain transaction volume, highlighting their growing role in cross-chain payments and settlement activity.

Regulation and Grab partnership

StraitsX operates as a licensed Major Payment Institution under the Monetary Authority of Singapore stablecoin framework.

Both XSGD and XUSD have been acknowledged by the MAS as compliant with the upcoming stablecoin regulatory framework, according to their white papers.

Separately, the company has moved to explore consumer-facing applications.

Last month, Grab signed an exploratory memorandum of understanding with StraitsX to develop a Web3-enabled settlement layer for Southeast Asia.

Subject to regulatory approval, the initiative would allow Grab users to hold and spend XSGD and XUSD directly within the app, integrating digital wallets, programmable payments, and stablecoin clearing into daily transactions.

The post Singapore’s StraitsX to expand XSGD and XUSD stablecoins onto Solana appeared first on CoinJournal.

Key takeaways

• ONDO is down 10% in the last 24 hours and briefly dropped below the $0.40 support level.
• The coin could retest lower support levels as the price action remains bearish.

ONDO recovers after dipping below $0.40

ONDO is one of the worst performers among the top 100 cryptocurrencies by market cap, as it has lost 10% of its value in the last 24 hours. At press time, ONDO is trading at $0.41, slightly recovering from its dip below $0.40.

The bearish performance comes despite Ondo Finance announcing on Monday that it plans to integrate with Solana (SOL) in early 2026 to expand its tokenized stocks and Exchange Traded Funds (ETFs) platform. 

According to its X post, Ondo will bring ETFs to the Solana network. While this announcement signals a bullish outlook for ONDO, the coin has underperformed over the last 24 hours. 

It’s coming.

The largest platform for tokenized stocks and ETFs is coming to @Solana in early 2026.

Wall Street liquidity meets internet capital markets. pic.twitter.com/CmMFT2UTFu

— Ondo Finance (@OndoFinance) December 15, 2025

The integration is set to enhance scalability, liquidity, and tap into SOL’s fast-growing user base, broadening Ondo’s ecosystem and adoption. 

The bearish performance aligns with ONDO’s declining open interest on the Binance exchange, which currently stands at $22.32 million, close to its 2025 low. The decreasing open interest suggests that traders are closing their positions, with speculative interest currently declining. 

ONDO could retest $0.34 as bears remain in control

The ONDO/USD 4-hour chart is bearish and inefficient as Ondo has lost 10% of its value in the last 24 hours. 

The coin faced a rejection at the $0.52 resistance level last week and has lost 16% of its value since then. If the downward trend continues, ONDO could retest the $0.34 support level in the near term.

The October 10 low of $0.24 could serve as another strong support in the coming weeks or months. 

The Relative Strength Index (RSI) on the 4-hour chart is at 32, pointing downward toward oversold conditions, indicating strong bearish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) indicator is showing a bearish crossover, adding confluence to the negative outlook.

However, if the bulls recover, ONDO could rally towards the $0.52 resistance level once again. 

The post ONDO price prediction: Will Ondo defend the $0.40 psychological level? appeared first on CoinJournal.

• The pilot includes Optimism, Base, Ink, and Unichain as part of a multichain expansion strategy.
• Further chain launches are planned next year, subject to regulatory approval in the US.
• RLUSD has a $1.3 billion market cap and is seeing growing retail adoption since its launch.

Ripple Labs is moving to broaden the reach of its US dollar-backed stablecoin, RLUSD, by testing it across several Ethereum layer 2 blockchains as part of a new pilot programme.

The expansion comes as the company waits for regulatory clearance to move toward a wider rollout planned for next year.

By extending RLUSD beyond its initial launch environments, Ripple is positioning the stablecoin for deeper integration into decentralised finance and institutional blockchain use cases.

The pilot also reflects a broader industry shift toward multichain infrastructure, where stablecoins are expected to operate seamlessly across multiple networks rather than remain confined to a single ecosystem.

Pilot targets Ethereum layer 2 ecosystems

The pilot is being carried out in partnership with Wormhole, a crosschain interoperability protocol that enables assets to move between blockchains.

Under the arrangement, RLUSD will be tested on Optimism, Base, Ink, which is an Ethereum layer 2 developed by Kraken, and Unichain.

RLUSD was initially issued on the XRP Ledger and Ethereum. Ripple has indicated that expanding to layer 2 networks is a necessary step to support scalability, efficiency, and interoperability as blockchain activity increasingly shifts to lower-cost environments built on Ethereum.

The pilot phase is intended to evaluate how RLUSD functions across these networks before a broader launch, which remains dependent on regulatory approval.

Wormhole technology avoids wrapped assets

A key technical aspect of the expansion is the use of Wormhole’s Native Token Transfers standard.

According to Wormhole, this approach allows RLUSD to move between blockchains as the same native asset rather than relying on wrapped or synthetic versions.

In many multichain models, tokens are locked on one chain while a wrapped version is created on another, which can fragment liquidity.

Wormhole’s system is designed to maintain a single canonical version of RLUSD on each supported blockchain, with Ripple retaining control over the token contracts.

This structure is intended to preserve liquidity and simplify crosschain usage, which is particularly relevant for stablecoins expected to support payments, decentralised finance, and institutional settlement.

RLUSD growth and market position

RLUSD was launched in December 2024 and currently has a market capitalisation of $1.3 billion, according to CoinGecko data.

While it remains much smaller than established stablecoins, it has begun gaining traction among retail users.

By comparison, Tether’s USDT has a market cap of $186 billion, Circle’s USDC stands at $78 billion, and Sky Protocol’s USDS holds $9.8 billion.

RLUSD adoption has been supported by integrations with platforms such as Transak and increasing use across self-custodial wallets, including Xaman.

Ripple views stablecoins as a key bridge between decentralised finance and institutional adoption, with RLUSD positioned as a compliance-focused option within a growing multichain landscape.

The post Ripple expands RLUSD stablecoin to Ethereum layer 2 networks appeared first on CoinJournal.

• Aster (ASTER) and Telcoin (TEL) are the altcoins with the sharpest dips over the last 24 hours.
• The broader cryptocurrency market shows weakness amid Bitcoin’s price dip.
• Top altcoins are down as investor jitters pile up.

Aster price fell sharply as the token joined the likes of Telcoin in posting double-digit losses over the past 24 hours.

This came as Ethereum, XRP and Solana led top altcoins in shedding gains after Bitcoin (BTC) dropped to below $86,000.

ASTER and TEL risk further losses as selling pressure mounts, particularly as BTC trades negative despite a slight bounce above $86,000.

The risk-off sentiment taking over the market does not bode well for the altcoins.

Aster dips 12% as bulls lose key support

Aster extends the losses for the third consecutive day, dropping below the $0.80 mark.

At the time of writing, ASTER is down more than 12%, with a break below $0.77 potentially opening the door to a deeper slide toward $0.54.

Momentum indicators underline the cautious setup. On the four-hour chart, the Relative Strength Index (RSI) has moved into oversold territory.

While that can signal a possible reversal as selling pressure fades, it also leaves room for further capitulation before any sustained rebound takes hold.

Also, the Moving Average Convergence Divergence (MACD) indicator remains firmly negative.

A recent bearish crossover confirms the dominance of a negative outlook amid broader market dynamics.

What could bolster ASTER bulls?

Like many new coins, Aster is seeing huge profit-taking deals.

The decentralized perpetual exchange nonetheless has recorded key developments that could bolster investor confidence.

One of these is Aster’s announcement of Shield Mode, a protected trading mode that the DEX plans to integrate into its perpetuals platform.

The feature allows for private position opening and management, among other key offerings.

“Shield Mode is for traders who want performance without broadcasting their next move—a protected execution mode today and an early building block for the privacy features we’re exploring with Aster Chain,” the team posted on X.

Telcoin price risks further losses

Telcoin is down 12.7% at press time on Tuesday.

As seen in the chart below, the altcoin’s price is extending recent losses amid overall crypto weakness.

The TEL token is down for a sixth straight day, having flipped negative as Bitcoin slumped below $90k.

Amid the ongoing wider market correction, TEL price has lost 25% in the past week and broken below its September support at $0.0040.

If this psychological support level falls, Telcoin could drop to $0.0027 and likely retest support at November 2024 lows of $0.0014.

The daily chart shows that the token’s bearish momentum is gaining pace. A downsloping RSI and MACD that recently printed a bearish crossover add to this outlook.

The post Aster, Telcoin top losers amid sharp crypto downturn appeared first on CoinJournal.

• According to data from Farside Investors, spot Bitcoin ETFs posted net outflows of $357.7 million on Monday.
• Spot Ethereum ETFs recorded net outflows of $224.8 million on Monday.
• Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile.

Spot Bitcoin exchange-traded funds recorded their largest single-day net outflows in nearly a month on Monday, underscoring growing investor caution as cryptocurrency prices extended a recent downturn and markets braced for key US economic data.

According to data from Farside Investors, spot Bitcoin ETFs posted net outflows of $357.7 million on Monday.

The withdrawal marked the biggest daily outflow since Nov. 20, when $903.1 million exited the funds.

Fidelity’s FBTC led the retreat, recording $230.1 million in net outflows.

Bitwise’s BITB followed with $44.3 million in withdrawals, while ETFs offered by Grayscale, Ark & 21Shares, and VanEck also reported net outflows during the session.

Ether ETFs post largest outflow since November

The selling pressure was not limited to Bitcoin-linked products.

Spot Ethereum ETFs recorded net outflows of $224.8 million on Monday, their largest single-day withdrawal since Nov. 20, highlighting broad-based caution across major digital asset investment vehicles.

The pullback in both Bitcoin and Ether ETFs came as cryptocurrency prices weakened further, tracking a broader decline in global technology stocks and reflecting fading risk appetite for speculative assets.

XRP ETFs buck trend

In contrast to the outflows seen in Bitcoin and Ether funds, US spot XRP exchange-traded funds reached a notable milestone.

The products surpassed $1 billion in cumulative inflows on Monday, according to data from SoSoValue, marking a significant moment for altcoin-focused ETFs.

Spot XRP ETFs recorded $10.89 million in net inflows on the day, with funds from Canary, Grayscale, and Franklin Templeton reporting fresh investments.

The latest additions lifted cumulative inflows to $1 billion since the first spot XRP ETF began trading on Nov. 13.

Spot Solana ETFs also attracted new capital. The first two Solana ETFs, which launched in October, saw $35.2 million in net inflows on Monday, bringing cumulative inflows to $711.3 million.

Bitcoin slides as risk appetite remains fragile

Bitcoin prices fell again on Tuesday, extending recent losses as risk appetite remained fragile ahead of several closely watched US economic reports.

The world’s largest cryptocurrency dropped around 4% to $85,987.9, hovering near its weakest level in two weeks and remaining close to a seven-month low reached in late November.

Crypto markets largely tracked losses in global technology stocks, as concerns around artificial intelligence prompted investors to lock in recent profits.

The pullback in tech shares further dampened appetite for cryptocurrencies and other risk-heavy assets.

Bitcoin has steadily lost ground over the past week, finding little sustained support even after the Federal Reserve cut interest rates and struck a dovish tone on monetary policy.

Market participants remain focused on upcoming US data that could shape expectations for future policy moves.

November nonfarm payrolls data is due later on Tuesday, followed by consumer price index inflation figures on Thursday.

Labor market conditions and inflation remain the Federal Reserve’s two primary considerations when adjusting interest rates.

Any signs of weaker payroll growth or softer inflation could bolster expectations for lower rates, a scenario that may help Bitcoin recover some lost ground, given that declining borrowing costs tend to support speculative assets.

The post Bitcoin, Ether ETFs see sharp outflows as crypto prices extend decline appeared first on CoinJournal.

• Bitcoin Cash price has dipped below $550 as Bitcoin sees a sharp decline to under $87,000.
• The altcoin’s value could shrink to under $500 if BTC plummets further.
• Macroeconomic headwinds continue to hinder bulls.

Bitcoin Cash (BCH) traded near the pivotal $560 support level amid broader market uncertainties, with Bitcoin’s dip to under $87,000 further spooking crypto investors.

As the cryptocurrency landscape keeps fluctuating, it appears BCH bulls could be in more trouble.

The altcoin’s price stood at $546 as of writing, down 4% in the past 24 hours.

Bitcoin Cash dips 4% as Bitcoin slips under $87,000

Bitcoin Cash price was down $4% as a turbulent December continued to torment bulls.

Amid a wider market weakness, the BCH price dipped below $550 to signal fresh turmoil.

That’s because after surging to highs of $600, the altcoin has encountered increased profit-taking. Pressure has mounted amid Bitcoin’s struggles.

On December 14, the Bitcoin Cash price dipped to $556. Bears went on to test the 550 mark, and prices have since dipped to near $540.

The downturn mirrored Bitcoin’s sharp dip from above $90,000 in early trading on Monday to around $86,700 at the time of writing.

Ethereum price also plunged to the $3,000 support level, with BitMine announcing a fresh ETH buy.

Why are cryptocurrencies down today?

Market participants attribute the downturn to macroeconomic headwinds, including lingering inflation concerns.

Last week, the bellwether digital asset failed to rally as the US Federal Reserve announced a rate cut.

Now, BTC’s sharp decline comes as the Bank of Japan is set for a rate hike.

Historically, Bitcoin price has tanked on BOJ rate hikes, and analysts see the upcoming move as bearish for crypto.

This week is also lined with key economic data releases.

Overall risk-off sentiment saw over $50 million in Bitcoin longs liquidated.

That happened within an hour as BTC fell 3% following the Wall Street open. Crypto analyst Lark Davis shared this via X.

Bitcoin is down roughly 3% since the US market open.

$50 billion wiped out from $BTC market cap

$200 million worth of longs liquidated in the past 60 minutes. pic.twitter.com/DJT3zvARyW

— Lark Davis (@TheCryptoLark) December 15, 2025

BCH price technical outlook

Technical indicators paint a largely short-term bearish picture.

On the daily chart, the Relative Strength Index (RSI) sits at 47 after flipping downward from 56.

This downward flip in RSI, coupled with increasing bearish momentum, hints at further price declines.

Meanwhile, the Moving Average Convergence Divergence also shows a bearish crossover, indicating a potential short-term price pressure.

BCH could thus drop to $500, and if these indicators align with a broader market sell-off, as is the case today, it could allow sellers to push for $450 and $380 next.

However, an uptick with RSI gaining steam and MACD seeing an inflexion could allow for a retest of $600.

The post Bitcoin Cash (BCH) price forecast as BTC dips under $87k appeared first on CoinJournal.

• Ethereum price fell to lows of $3,034 as Bitcoin slumped below $88,000.
• The ETH price holding above $3,000 came as BitMine announced the purchase of 102,259 ETH last week.
• Bulls could ride the corporate sentiment to bounce higher.

Ethereum (ETH) price showed broader weakness as it fell to the $3,000 level on Monday, with this coming amid further corporate accumulation.

As Bitcoin’s dip below $88k reflects broader market weakness, the key question is whether Ethereum bulls can ride the confidence in the top altcoin’s long-term potential.

BitMine Immersion Technologies’ huge purchases of ETH point to this outlook.

BitMine buys another 102,259 ETH

BitMine Immersion Technologies has further expanded its dominant Ethereum position.

On December 15, 2025, the publicly-traded company announced the acquisition of an additional 102,259 ETH over the past week.

This purchase brings the company’s total holdings to 3,967,210 ETH, valued at approximately $12.2 billion at current prices.

Notably, the latest addition continues a pattern of consistent accumulation during periods of price stabilization.

Previously, on December 8, BitMine reported holdings exceeding 3.86 million ETH, implying the prior week’s purchase of around 138,452 tokens.

Earlier, in the week leading to December 1, the company added 96,798 ETH, pushing holdings to 3.73 million at that time.

The MicroStrategy of Ethereum

BitMine’s approach draws clear parallels to the pioneering Bitcoin treasury model popularised by Michael Saylor at Strategy (formerly MicroStrategy).

Strategy has acquired 10,645 BTC for ~$980.3 million at ~$92,098 per bitcoin and has achieved BTC Yield of 24.9% YTD 2025. As of 12/14/2025, we hodl 671,268 $BTC acquired for ~$50.33 billion at ~$74,972 per bitcoin. $MSTR $STRC $STRK $STRF $STRD $STRE https://t.co/VdAz7pqce1

— Michael Saylor (@saylor) December 15, 2025

Like Strategy for BTC, Bitmine has amassed the world’s largest corporate Ethereum holdings.

BitMine’s total crypto, cash, and investment holdings now stand at $13.3 billion.

It includes $1 billion in unencumbered cash, a small Bitcoin position of 193 BTC, and a $38 million stake in Eightco Holdings.

The company operates mining facilities in low-cost energy regions such as Texas and Trinidad.

However, it has pivoted strongly toward long-term ETH accumulation, with this funded through capital raises and operational efficiency.

Thomas “Tom” Lee of Fundstrat, Chairman of BitMine, said:

2025 saw many positive developments in digital assets, including positive legislation passed by the US Congress and favorable regulations, and strengthened support from Wall Street. These strengthen our conviction that the best days for crypto are ahead and why we continue to accumulate ETH towards our ‘alchemy of 5%’ target.

Can ETH bulls hold $3,000 level?

BitMine’s strategic buys have been executed amid Ethereum’s price resilience, with robust support established near the $3,000 psychological level.

In the past 24 hours, the ETH price has hovered in the $3,175 and $3,034 range.

If prices dip below the $3k mark, ETH is likely to retest the $2,720 lows seen on Dec.1.

Analysts however note that ETH has shown resilience and a decent bounce above $3,100 could pave the way for a retest of higher resistance around $3,500. Network enhancements, easing monetary policy and corporate buys are likely bullish catalysts.

However, just like $90k is now a key resistance level for Bitcoin, the $3,200-$3,300 is key to ETH.

The post Ethereum price outlook: can bulls hold $3,000 as BitMine buys more ETH? appeared first on CoinJournal.

• The firm has started testing RLUSD on leading Ethereum L2 platforms.
• The launch reflects the growing demand for regulated stablecoins.
• RLUSD will go live on L2s after authorization by New York regulators.

The cryptocurrency industry is gradually moving toward a world where no single platform dominates.

Rather than being locked in one blockchain, users, institutions, and developers want cross-chain transfers based on demand and opportunities.

Meanwhile, stablecoins remain at the center of this transaction as they have proven to be the entry point for new players navigating the on-chain economy.

Ripple seems to acknowledge this reality.

According to today’s, December 15, announcement, the blockchain company confirmed it has started testing stablecoin RLUSD on multiple Ethereum L2 platforms.

The experiment marks a crucial move towards the asset’s public debut, scheduled for 2026 after regulatory approval.

Meanwhile, the current testing phase will occur across Base, Unichain, and Ink, leveraging Wormholde’s interoperable infrastructure for streamlined movement between different networks.

Commenting on the latest move, Ripple’s Stablecoin SVP Jack McDonald acknowledged stablecoins as the gateway to decentralized finance and institutional adoption.

He added:

 RLUSD is designed from the ground up to be the trusted, liquid medium necessary for users to seamlessly enter, interact with, and exit the entire digital asset economy. By launching RLUSD, the first US Trust Regulated stablecoin on these L2 networks, we are not just expanding utility; we are setting the definitive standard where compliance and on-chain efficiency converge.

Why do L2 platforms matter?

Layer 2 networks have proven to be some of the busiest avenues in the cryptocurrency sector.

These blockchains are faster, cheaper, and more practical for day-to-day usage than the primary Ethereum network, which faces challenges like congestion and costly transactions.

Therefore, L2s have emerged as the perfect homes for decentralized applications, on-chain services, and digital payments.

By launching RLUSD into these platforms, Ripple is tapping into the potential where real user activity is happening.

Notably, Optimism will serve as the initial entry, with access linked to platforms like Unichain, Ink, and Base.

Such an approach allows Ripple’s stablecoin to grow alongside solid user activity.

Meanwhile, Ripple is working with Wormhole and its NTT (Native Token Transfers) standard.

With this setup, RLUSD can move between different chains while remaining a consistent, single token.

Ripple controls the stablecoin’s issuance, whereas users enjoy flexibility across multiple platforms.

The announcement added:

Leveraging Wormhole’s Native Token Transfers (NTT) standard allows Ripple to maintain native issuance and control of RLUSD while providing the security and flexibility of on-chain liquidity movement across these new ecosystems.

Strengthening XRP’s ecosystem

RLUSD’s strategic expansion also bolsters the overall XRP ecosystem.

Stablecoins are crucial in trading, digital payments, and liquidity, and Ripple is pushing its stablecoin where demand already exists.

XRP is hovering at $1.93 after dropping 3% the past 24 hours.

Its performance reflects the overall market sentiments.

The cryptocurrency market remains deteriorated, as Bitcoin struggles below $90K, now trading at $87.7K.

The post Ripple expands RLUSD stablecoin to Ethereum Layer 2 networks appeared first on CoinJournal.

• The fund is seeded with $100 million and requires a minimum investment of $1 million.
• Tokenized money-market funds offer faster settlement, continuous trading, and onchain ownership visibility.
• The tokenized money-market sector has grown to $9 billion in assets over the past year.

JPMorgan Chase is preparing to deepen its push into blockchain-based finance through a tokenized money-market fund on Ethereum, according to a Wall Street Journal report published on Monday.

The bank has not formally announced the product, but the report suggests JPMorgan is moving closer to offering onchain versions of traditional cash-management tools as institutional interest in tokenization grows.

The reported initiative comes as large investors look for ways to deploy idle cash more efficiently while maintaining regulatory compliance.

With about $4 trillion in assets under management, JPMorgan’s reported plans highlight how tokenization is evolving from experimental pilots into investment products associated with major global balance sheets.

The proposed fund would enter a fast-growing segment of digital finance where money-market products are increasingly viewed as a bridge between traditional markets and blockchain infrastructure.

Tokenized money-market fund rollout

The fund, known as My OnChain Net Yield Fund, or MONY, has been seeded with $100 million from JPMorgan’s asset management division, the Wall Street Journal stated.

The product is expected to open to external, qualified investors this week, although no official confirmation has been issued by the bank.

The minimum investment is set at $1 million, keeping the fund focused on institutional participation rather than retail investors.

MONY is designed to operate in line with conventional money-market funds, holding short-term debt instruments and paying interest on a daily basis.

Investors would be able to redeem their shares either in cash or through Circle’s USDC stablecoin, reflecting the growing use of regulated stablecoins in institutional settlement and liquidity management.

Why Ethereum and tokenization matter

JPMorgan has built the reported fund on Kinexys Digital Assets, its in-house tokenization platform, with Ethereum selected as the underlying blockchain, according to the Wall Street Journal.

Tokenized funds record ownership onchain, allowing faster settlement, real-time visibility, and continuous trading beyond standard market hours.

These features are attracting attention from asset managers, trading firms, and treasury desks seeking operational efficiency while continuing to rely on low-risk instruments.

Tokenized money-market funds are also increasingly used within decentralised finance ecosystems as reserve assets and as collateral for trading and asset management.

Competition among financial giants

JPMorgan’s reported plans place it alongside other large financial institutions that have already launched tokenized money-market products.

Franklin Templeton introduced its BENJI fund in 2021, becoming one of the earliest traditional asset managers to adopt blockchain-based fund infrastructure.

BlackRock followed in 2024 with its BUIDL fund, developed with tokenization specialist Securitize, which has since attracted about $2 billion in assets, according to data from RWA.xyz.

The post JPMorgan expands blockchain push with tokenized money-market fund on Ethereum appeared first on CoinJournal.

• MEXC released its December Proof of Reserve (PoR) report.
• Reserve ratios for December reached 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH.
• MEXC launched its Proof of Reserve system in February 2023.

MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, released its December Proof of Reserve (PoR) report, confirming that all audited assets remained above 100% reserve coverage.

Reserve ratios for December reached 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH. MEXC holds 5,401.59 BTC, 2.32 billion USDT, 126.5 million USDC, and 57,457.10 ETH in reserves.

MEXC launched its Proof of Reserve system in February 2023, utilising a Merkle Tree that allows users to independently verify their balances while protecting account privacy.

To further strengthen transparency, MEXC has expanded its cooperation with Hacken, an independent blockchain security and compliance firm, which now conducts and independently publishes monthly PoR audits.

“Ensuring full reserves and maintaining transparency are core commitments at MEXC,” said Vugar Usi Zade, COO of MEXC.

“Through monthly independent Proof of Reserve audits conducted in partnership with Hacken, users can confidently verify that their assets remain fully supported. We will continue to uphold these practices as a cornerstone of MEXC’s commitment to transparency and asset security.”

The December 2025 Proof of Reserve report, including the independent audit by Hacken, is now available on MEXC’s Proof of Reserves page for users to view and verify.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees.

Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Source

The post MEXC December Proof of Reserve confirms major assets fully backed, BTC coverage at 141% appeared first on CoinJournal.

Key takeaways

• XRP is down 1% in the last 24 hours and is trading at $1.99.
• Failure to defend the $1.96 support could see XRP dip lower.

XRP drops below $2

The cryptocurrency market has underperformed over the past few days, with Bitcoin and other major coins currently in the red. Bitcoin, the leading cryptocurrency by market cap, has dropped below $90k and could retest lower levels if the bearish trend continues.

XRP, the native coin of the Ripple blockchain, is also in the red zone, after losing 1% of its value in the last 24 hours. The bearish performance means that XRP was unable to defend the $2.0 psychological level, as it is now trading at $1.99.

The bulls will now be forced to defend the $1.96 suppport level as failure to do so could see XRP record massive losses over the next few days. Currently, the market is still consolidating, with no clear direction in sight. 

XRP could extend its decline if bulls fail to defend the $1.96 support

The XRP/USD 4-hour chart is bearish and inefficient, with the inefficiency caused by the October 11 deleveraging event. Since then, XRP has failed to rally to the $2.7 level to gain efficiency. 

The cryptocurrency lost 3.22% of its value last week, making it the second consecutive week of losses. At press time, XRP hovers around $1.99.

If XRP fails to recover and closes the daily candle below the $1.96 support, it could extend the decline toward the next daily support at $1.77.

The RSI on the 4-hour chart is 41, below its neutral level of 50, indicating that bearish momentum is gaining traction. The MACD lines are also converging, adding more confluence to the consolidating market condition. 

On the flip side, if XRP stays above the $1.96 daily support, it could extend the rally toward the next daily resistance at $2.35.

The post Ripple price forecast: XRP retests the $1.96 support appeared first on CoinJournal.

• Nasdaq plans to place tokenized and traditional securities on the same order book.
• Settlement would still run through DTCC systems despite blockchain integration.
• Industry responses are split as regulators assess legal and operational risks.

The US Securities and Exchange Commission has begun a formal review that could determine whether tokenized shares are allowed to trade on Nasdaq, placing blockchain-based securities under close regulatory examination.

By seeking public feedback on Nasdaq’s proposed rule change, the SEC is assessing how digital representations of stocks might fit within existing market structures.

The move reflects growing interest in tokenization across financial markets, while underscoring regulators’ focus on legal certainty, settlement integrity, and investor protection.

Any decision is likely to influence how quickly blockchain technology is adopted within mainstream equity trading.

According to the SEC filing, Nasdaq has asked for approval to list and trade securities in tokenized form.

This step has triggered a broader consultation process covering regulatory, technical, and policy considerations.

The review will determine whether tokenized shares can operate alongside traditional equities without altering core market safeguards.

Regulatory review begins

Under Nasdaq’s proposal, tokenized stocks and exchange-traded products would trade in parallel with conventional shares.

Both formats would appear on the same order book and carry the same shareholder rights.

Clearing and settlement would continue through the Depository Trust and Clearing Corporation, while blockchain technology would be used to improve operational efficiency.

The SEC’s request for feedback signals that no approval is guaranteed.

Instead, regulators are evaluating whether tokenized securities can deliver faster and cheaper settlement without creating new risks.

The consultation marks the start of a deeper assessment rather than a final decision.

How tokenized shares would trade

If approved, Nasdaq’s framework would allow blockchain-based shares to trade just like regular stocks.

Investors would not need separate systems or accounts, as tokenized and traditional securities would coexist within the same trading environment.

Settlement would still rely on DTCC systems, ensuring continuity with current market processes.

Experts argue that this structure preserves investor protections while allowing blockchain to reduce settlement times and operational costs.

The SEC’s review will assess whether these efficiency gains outweigh potential complexities introduced by tokenized record-keeping.

Industry views divided

Market reactions to the proposal have been mixed. Industry groups have voiced support, pointing to the potential for tokenization to enhance market efficiency and modernise post-trade processes.

Regulatory developments elsewhere also suggest increasing openness.

The US Commodity Futures Trading Commission has approved a pilot programme allowing tokenized assets to be used as collateral, indicating broader acceptance of blockchain-based financial instruments.

However, opposition has emerged from firms including Ondo Finance and Cboe Global Markets.

These companies argue that the SEC should delay approval until the DTCC provides clearer guidance on how tokenized trades would be settled.

Their concern centres on the fact that all such transactions would still depend on DTCC infrastructure, making settlement clarity critical.

The post Nasdaq tokenized shares face key SEC regulatory test appeared first on CoinJournal.

Key takeaways

• BTC is trading at $89k after losing less than 1% of its value in the last 24 hours.
• The leading cryptocurrency could top the $90k resistance level in the near term.

BTC trades below $90k

The cryptocurrency market has opened the new weekly candle bearish, with Bitcoin and other major cryptocurrencies currently in the red. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are currently trading around key levels after correcting slightly over the past few days. 

The three leading cryptocurrencies by market cap could record further losses in the near term as bearish momentum builds across key indicators.

At the moment, traders and investors are closely monitoring critical support zones for signs of stabilization or a deeper corrective move.

Traders are keeping an eye on upcoming macroeconomic events in the global financial markets. In the U.S, the events include the unemployment rate, ADP employment data, and weekly jobless claims, alongside November inflation data, and December flash PMI readings.

Furthermore, the speeches from Federal Reserve Governors Stephen Miran and Christopher J. Waller could give investors clues on the path of interest rates.

The Bank of Japan is also expected to raise interest rates to 0.75% at its upcoming policy meeting on Thursday. 

Bitcoin could face further correction

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed in recent days. The cryptocurrency faced rejection from the descending trendline last week, failing to overcome the $94k resistance level. As of Monday, BTC hovers around $89,000.

If the bearish trend continues, Bitcoin could sink lower towards the next key support level at $85,569. However, this support level remains strong at the moment. 

The Relative Strength Index (RSI) on the 4-hour chart is at 42, below its neutral level of 50, indicating bearish momentum is gaining traction. Furthermore, the Moving Average Convergence Divergence (MACD) lines are converging, and a flip to a bearish crossover could add additional confluence for the bears. 

If the bulls regain control and Bitcoin breaks above the $94k resistance level, it could extend its rally toward the $100,000 psychological level.

The post Will Bitcoin overcome the $90k resistance? Check forecast appeared first on CoinJournal.

• Ethereum co-founder has sold 1,400 UNI coins, alongside KNC and DINU tokens, for 16,796 USDC.
• The transaction comes as bears dominate the broader market.
• UNI bulls should hold prices above $5 to support short-term recoveries.

Cryptocurrencies display bearishness as Bitcoin wavers below $90,000, currently trading at $89,800.

Amidst the pessimistic sentiments, Ethereum co-founder Vitalik Buterin sparked the altcoin community by reducing his crypto holdings, including 1,400 UNI coins (according to Arkham data).

Alongside Uniswap, Buterin has also dumped 10,000 KNC and 40 trillion DINU tokens, netting 16,796 USDC.

While the transaction might seem modest in dollar amount, any transfer from a top figure like Buterin often gains traction due to its psychological impact on investors and the community.

Is this a routine portfolio adjustment or a lack of conviction in UNI’s short-term performance?

Generally, transactions from leading crypto influencers create notable temporary volatility, prompting quick actions from traders.

Broad market context: bears dominate

Vitalik has reduced exposure to Uniswap as the overall market remains deteriorated.

Cryptocurrencies have been under immense selling pressure lately, with bullish news sparking short-lived gains, only to be followed by significant dips.

Faded liquidity has limited price rallies even after key updates like rate cuts.

Uniswap, as a leading DeFi token, tends to mirror broader sentiments, and high-profile dumps can catalyse significant short-term price fluctuations.

Thus, attention has shifted to native UNI’s performance, and of course, what to expect in the near term.

UNI price outlook

Vitalik Buterin’s selloff coincides with UNI price underperformance.

UNI wavers at $5.40 after a slight 0.87% decline over the last 24 hours.

The digital token showcases a notable post-rally retracement followed by extended consolidations.

UNI price rallied toward $9.8 – $10 in early last month before prolonged downtrends.

The momentum faded amid intensified broader selling pressure, compressing Uniswap’s price into a constricted range.

The UNI price faces its first crucial resistance at $5.80-$6.00, beyond which buyers can extend to $6.50.

Adequate trading volumes will push the alt towards $7.50 and possibly $8.50.

That would mean a nearly 60% upside from Uniswap’s current market price.

On the other hand, UNI boasts a reliable support at $5.10 – $5.20.

Failure to hold this region could trigger dips below $5.00, invalidating the potential upside.

Persistent bearishness might send Uniswap toward $4.50 and the $4.00 support level.

Prevailing broader sentiments and exit from influential individuals like Buterin suggest the downside as the path with fewer resistances for UNI.

Meanwhile, UNI enthusiasts will track overall market performance in the coming sessions, considering the alt’s massive correlation.

All eyes remain on the bellwether crypto.

Bitcoin should overcome the resistance at $94,000 and reclaim $100,000 to flip broader sentiments to bullish.

The post Uniswap price outlook as Ethereum’s Vitalik Buterin offloads UNI tokens appeared first on CoinJournal.

• The scam relies on Telegram impersonation and pre recorded video calls to build trust.
• Malware is delivered as a fake audio or SDK patch during the meeting.
• Security Alliance says it is tracking multiple such attempts every day.

North Korean cybercriminals are escalating social engineering attacks by exploiting fake Zoom and Teams meetings to deploy malware that drains sensitive data and cryptocurrency wallets.

Cybersecurity firm Security Alliance, also known as SEAL, has warned that it is tracking multiple daily attempts linked to these campaigns.

The activity highlights a shift toward more convincing, real-time deception rather than crude phishing.

The warning follows disclosures by MetaMask security researcher Taylor Monahan, who has been monitoring the pattern closely and flagging the scale of losses already linked to the tactic.

The method relies on familiarity, trust, and workplace habits, making it particularly effective against professionals in crypto and tech who regularly use video conferencing tools.

How the fake Zoom scam works

The attack typically begins on Telegram, where victims receive a message from an account that appears to belong to someone they already know. The attackers specifically target contacts with existing chat history, increasing credibility and lowering suspicion.

Once engagement starts, the victim is guided toward scheduling a meeting through a Calendly link, which leads to what looks like a legitimate Zoom call.

When the meeting opens, the victim sees what appears to be a live video feed of their contact and other team members.

In reality, the footage is pre-recorded, not AI-generated deepfakes.

During the call, the attacker claims there are audio issues and suggests installing a quick fix.

A file is shared in the chat and presented as a patch or software development kit update to restore sound clarity.

That file contains the malware payload. Once installed, it gives the attacker remote access to the victim’s device.

Malware impact on crypto wallets

The malicious software is often a Remote Access Trojan. After installation, it silently extracts sensitive information, including passwords, internal security documentation, and private keys.

In crypto-focused environments, this can result in complete wallet drainage with little immediate indication of compromise.

Monahan has warned on X that more than $300m has already been stolen using variations of this approach, and that the same threat actors continue to exploit fake Zoom and Teams meetings to compromise users.

SEAL has echoed the concern, noting the frequency and consistency of these attempts across the crypto sector.

North Korea’s evolving cyber playbook

North Korean hacking groups have long been linked to financially motivated cybercrime, with proceeds believed to support the regime.

Groups such as Lazarus have previously targeted exchanges and blockchain firms through direct exploits and supply chain attacks.

More recently, these actors have leaned heavily into social engineering.

In recent months, they have infiltrated crypto companies using fake job applications and staged interview processes designed to deliver malware.

Last month, Lazarus was linked to a breach at South Korea’s largest exchange, Upbit, which resulted in losses of roughly $30.6 million.

The fake Zoom tactic reflects a broader strategic pivot toward human-centric attack vectors that bypass technical safeguards.

What experts say users should do

Security experts warn that once a malicious file is executed, speed matters.

In cases of suspected infection during a call, users are advised to immediately disconnect from WiFi and power off the device to interrupt data exfiltration.

The broader warning is to treat unexpected meeting links, software patches, and urgent technical requests with extreme caution, even when they appear to come from known contacts.

The post Fake Zoom malware scam tied to North Korean hackers targets crypto users appeared first on CoinJournal.

• MEXC’s ETHFI Euphoria campaign runs Dec 15–Jan 14 with $1 million in rewards and zero-fee ETHFI trading.
• Users can earn rewards via ETHFI trading, staking up to 200% APR, and futures bonus events.
• Campaign targets both new and existing users, offering spins, deposits, staking, and leaderboard prizes.

Victoria, Seychelles, December 15, 2025 – MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, has launched the ETHFI Euphoria campaign in collaboration with ETHFI.

Running from December 15, 2025, to January 14, 2026, the campaign offers a $1 million prize pool, zero-fee trading across multiple ETHFI pairs, staking opportunities with up to 200% APR, and additional rewards for users.

The campaign includes six events for both new and existing users:

Event 1: Zero fees on ETHFI trading

Zero fees apply to ETHFI spot pairs (ETHFI/USDT, ETHFI/USDC, ETHFI/USDE, ETHFI/USD1) and futures (ETHFIUSDT, ETHFIUSDC). Availability may vary in certain countries or regions.

Event 2: Share 50,000 ETHFI & 100,000 USDT

Users can participate in the ETHFI Mega Spin by completing tasks on the event page, with each spin offering a chance to claim a share of the prize pool.

Event 3: Stake weETH to unlock 200% APR (new user exclusive)

New users who complete Advanced KYC verification can stake weETH for five days to unlock 200% APR, with individual staking limits ranging from 0.035 to 0.15 weETH.

Rewards are distributed on a first-come, first-served basis.

Event 4: Deposit & trade spot to share 150,000 ETHFI

New users who make a net deposit of at least 100 USDT or equivalent and complete 100 USDT in ETHFI spot trading volume receive 10 ETHFI.

Rewards are available to the first 10,000 participants.

Additionally, users who achieve 10,000 USDT in spot trading volume can share 50,000 ETHFI, distributed proportionally with a cap of 100 ETHFI per user.

Event 5: Trade futures to share 200,000 USDT in futures bonuses

Users who make at least one ETHFI futures trade and deposit at least 100 USDT are eligible to participate.

New futures users can share a 50,000 USDT welcome bonus pool.

Additionally, users who achieve 100,000 USDT in cumulative trading volume can share 150,000 USDT in leaderboard bonuses.

Rewards from both tasks are stackable.

Event 6: Stake ETHFI to unlock up to 25% APR

Users who complete Primary KYC verification can stake ETHFI to earn up to 25% APR.

Staked assets can be redeemed for trading at any time.

Full details and participation are available on the ETHFI Euphoria campaign page.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees.

Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.

MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Source

The post MEXC launches ETHFI Euphoria campaign with $1M prize pool appeared first on CoinJournal.

• The new Phantom Prediction Markets feature supports tokenised event trading across multiple categories.
• Crypto exchanges such as Gemini and Coinbase are also moving into US prediction markets.
• Regulatory challenges persist, with recent legal action involving the state of Connecticut and Kalshi.

Crypto wallets are increasingly becoming gateways to real-world financial activity, and Phantom’s latest move highlights that shift.

The crypto wallet application has partnered with regulated prediction market Kalshi to embed event-based trading directly into its wallet interface.

The integration allows users to engage with outcome-driven markets without moving funds to external platforms.

It also reflects a broader push by crypto firms to blend onchain infrastructure with regulated financial products tied to real-world events, from elections to economic data and cultural moments.

The partnership, announced on Friday, introduces a new product inside the wallet called Phantom Prediction Markets.

The feature allows users to explore live events, monitor price movements, and trade tokenised positions linked to Kalshi’s markets, all within Phantom’s existing interface.

The move positions wallets not just as storage tools, but as active trading hubs.

How the Phantom Kalshi integration works

Phantom users will be able to discover trending event markets and track live odds directly inside the wallet.

The integration enables trading of tokenised positions that reference Kalshi’s regulated event contracts, covering categories such as politics, economics, sports, and culture.

Instead of navigating separate trading platforms, users can place and manage positions from the same wallet they already use for onchain activity.

The structure relies on tokenised representations tied to Kalshi’s markets, linking decentralised wallet infrastructure with regulated event trading.

Phantom described the product as a way to let users engage with topics they care about in real time, using crypto-native tools to interact with real-world outcomes.

The rollout adds to Phantom’s expanding feature set as competition intensifies among wallet providers.

Prediction markets draw crypto exchanges

Phantom’s announcement comes as crypto exchanges and affiliated entities move quickly to establish a presence in US prediction markets.

On Thursday, Gemini Titan, an affiliate of the crypto exchange Gemini, received a designated contract market licence from the US Commodity Futures Trading Commission.

Gemini said the licence would allow it to offer event contract trading through its web platform.

Following the announcement, Gemini shares rose by nearly 14% in after-hours trading, reflecting investor interest in the segment.

Prediction markets have gained traction as traders look for alternative ways to express views on macroeconomic indicators, elections, and other headline-driven events, often outside traditional derivatives markets.

Regulatory pressure shapes the landscape

Despite rising adoption, prediction markets continue to face regulatory scrutiny in the US.

On Dec. 4, the Connecticut Department of Consumer Protection sent cease and desist orders to Robinhood, Kalshi, and Crypto.com, alleging they were offering unlicensed online gambling services.

Kalshi responded the following day by filing a lawsuit against the state agency, arguing that its event contracts are permitted under federal law.

A Connecticut federal court judge later ordered the department to pause enforcement actions against Kalshi, temporarily blocking the cease and desist order.

The ruling provides short-term relief for Kalshi as legal questions around prediction markets remain unresolved.

The post Phantom integrates Kalshi prediction markets as crypto wallets expand into event trading appeared first on CoinJournal.