News Explorer — Bitcoin's New Entrants Face the Bite as Whales Retreat

Generated by AI, curated by humans

Dec 16, 4:07 am

Decrypt

Bitcoin's New Entrants Face the Bite as Whales Retreat

Bitcoin's recent drop to $85,800 is attributed to both new large investors and long-term holders selling off, resulting in unrealized losses for entities holding over 1,000 BTC. The profit/loss margin for recent buyers has hit -25%, potentially signaling a reversal in the bull run.

Bitcoin's recent drop to $85,800 is attributed to both new large investors and long-term holders selling off, resulting in unrealized losses for entities holding over 1,000 BTC. The profit/loss margin for recent buyers has hit -25%, potentially signaling a reversal in the bull run.

Latest

Dec 16, 8:01 am

Decrypt

Nexo Secures Multi-Year Deal With Tennis Australia

Nexo has become the Official Crypto Partner of the Australian Open and the Summer of Tennis, securing a multi-year agree... Read Summary

Dec 16, 4:07 am

Decrypt

Bitcoin's New Entrants Face the Bite as Whales Retreat

Bitcoin's recent drop to $85,800 is attributed to both new large investors and long-term holders selling off, resulting... Read Summary

Dec 16, 1:26 am

Decrypt

PayPal Seeks Utah-Chartered Industrial Bank Status

PayPal has applied to establish a Utah-chartered industrial bank to have more control over lending, deposits, and paymen... Read Summary

Dec 15, 11:39 pm

Decrypt

Grayscale Downplays Quantum Computing Threat to Bitcoin

Grayscale's 2026 Digital Asset Outlook dismissed quantum computing as a near-term risk to the crypto market, stating tha... Read Summary

Dec 15, 10:20 pm

Decrypt

President Trump Says He Will Consider Pardoning Samourai Wallet Developer

President Trump expressed openness to exploring a pardon for convicted Samourai Wallet developer Keonne Rodriguez, famil... Read Summary

Dec 15, 5:58 pm

Decrypt

Why President Trump Had the Biggest Impact on Bitcoin and Crypto in 2025

Over the past year, the Trump administration has significantly influenced the crypto industry by removing barriers, ensh... Read Summary

Dec 15, 5:47 pm

Decrypt

Bitcoin Sinks Towards $85,000 as Ethereum, XRP Fall Alongside

Bitcoin, Ethereum, and XRP prices plummeted, hitting their lowest in a week due to liquidations. The crypto market lost over 3% in value, with $573 million in liquidations. Read Summary

Dec 15, 4:55 pm

Decrypt

Juventus Shares Rise After Soccer Team's Owners Reject Tether Acquisition Bid

Exor, the majority owner of Italian soccer club Juventus, rejected an all-cash offer from stablecoin giant Tether, causi... Read Summary

Dec 15, 4:41 pm

Decrypt

Ripple Expanding RLUSD From XRP Ledger and Ethereum

Ripple announced plans to expand its RLUSD stablecoin to layer-2 networks on Ethereum next year, including Optimism, Coi... Read Summary

Dec 15, 4:19 pm

Coindesk

Bank of America's Analysts See US Regulatory Shift Towards On-Chain Assets

The OCC, FDIC, and Federal Reserve are establishing regulations for stablecoins and tokenized deposits in the U.S., with... Read Summary

Dec 15, 4:16 pm

Coindesk

Anchorage Digital Acquires Securitize for Advisors

Anchorage Digital has acquired Securitize For Advisors (SFA) from Securitize, solidifying their partnership and enhancin... Read Summary

Dec 15, 3:49 pm

Coindesk

Ondo Finance Plans to Roll Out Tokenized Stocks, ETFs on Solana

Ondo Finance will launch its tokenized stock and ETF trading platform on the Solana blockchain next year, expanding acce... Read Summary

Dec 15, 3:41 pm

Decrypt

Ethereum Treasury Firm BitMine Boosts ETH Stash Above $12 Billion With Latest Buy

BitMine Immersion Technologies recently added 102,259 ETH valued at $320 million, increasing its total ETH holdings to 3... Read Summary

Dec 15, 3:10 pm

Decrypt

JPMorgan Introduces Ethereum-Based MONY Fund

JPMorgan Chase is launching an Ethereum-based money-market fund called My OnChain Net Yield Fund (MONY) for qualified in... Read Summary

Dec 15, 2:55 pm

Decrypt

Do Kwon Could Be Tried Again in South Korea Over Terra Crypto Fraud

Do Kwon, co-founder of Terraform Labs, may face additional criminal charges in South Korea, potentially adding over 30 y... Read Summary