Bitwise has taken a decisive lead in the Avalanche ETF race by updating its U. S. SEC filing to include staking, a first-of-its-kind proposal in the American spot crypto ETF landscape source: https://www.ethnews.com/bitwise-pushes-ahead-with-first-staking-enabled-spot-avalanche-etf-filing/

Newly revealed letters show that key players were working behind the scenes at GameStop years before the famous 2021 short squeeze shook Wall Street. source: https://btcusa.com/the-hidden-backstory-of-the-2021-gamestop-rally-how-burry-gill-and-cohen-saw-it-coming/

The UK is moving toward one of its most meaningful crypto tax reforms to date, as HM Revenue and Customs (HMRC) proposes a new “no gain, no loss” (NGNL) framework designed to ease the tax burden for decentralized finance users. source: https://www.ethnews.com/uk-proposes-new-no-gain-no-loss-tax-rules-to-simplify-defi-activity/

Vitalik Buterin donates 256 ETH to two messaging apps. source: https://cryptopotato.com/ethereums-vitalik-buterin-drops-256-eth-to-boost-next-gen-encrypted-messaging/

SpaceX has made another notable move on the blockchain, shifting a total of 1,163 BTC, worth roughly $105 million, from one of its internal wallets to two unmarked destinations. The transfers, detected in the early hours of the day through Coinbase Prime flow data, brought fresh attention to the company’s overall digital asset positioning. source: https://www.ethnews.com/how-much-bitcoin-spacex-holds-after-its-latest-105m-transfer/

The small nation’s Ether staking adds to its expanding blockchain activity as it remains one of the few governments holding Bitcoin. source: https://cointelegraph.com/news/bhutan-stakes-eth-figment-validator?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to ChainCatcher, CME's FedWatch tool reveals an 86.9% probability of a 25 basis point rate cut by the Federal Reserve in December, with a 13.1% chance of maintaining the current rate. By January next year, the likelihood of a cumulative 25 basis point cut stands at 67.3%, while the probability of keeping rates unchanged is 9.6%. Additionally, there is a 23.1% chance of a cumulative 50 basis point reduction.

The competition among Avalanche ETFs is heating up significantly as Bitwise takes a bold step by incorporating staking into its offerings. This development marks a significant milestone in the financial landscape, as it introduces the first-ever yield-generating fund centered around AVAX, the native token of the Avalanche blockchain. Investors now have an exciting opportunity to engage with this innovative financial product that not only allows them to diversify their portfolios but also to potentially earn rewards through staking. As the market continues to evolve, this new fund is poised to attract attention from both seasoned investors and newcomers alike seeking exposure to the burgeoning world of decentralized finance. source: https://blocknews.com/avalanche-etf-race-intensifies-bitwise-adds-staking-here-is-the-first-yield-generating-avax-fund-on-deck/

According to Cointelegraph, members of the Bitcoin community and supporters of Strategy, the largest corporate holder of Bitcoin (BTC), are voicing concerns over JPMorgan's proposed Bitcoin-backed notes. The bank is accused of spreading fear, uncertainty, and doubt about Strategy and other crypto treasury firms. JPMorgan's notes are a leveraged investment product linked to the price of Bitcoin, offering holders 1.5 times the gains or losses through December 2028. Scheduled for a December 2025 launch, the product has sparked criticism from the Bitcoin community, which views JPMorgan as a direct competitor to BTC treasury companies. Critics argue that the bank has an incentive to marginalize companies like Strategy to promote its own financial product. Bitcoin advocate Simon Dixon highlighted that JPMorgan's product could trigger margin calls on Bitcoin-backed loans, potentially forcing sell pressure from Bitcoin treasury companies during market downturns. On social media platform X, crypto enthusiasts and Strategy supporters are calling for a boycott of JPMorgan, urging fellow Bitcoiners to close accounts and sell any shares they might own in the financial services giant. The backlash against JPMorgan intensified following a proposed policy shift by MSCI, formerly Morgan Stanley Capital International. The company, which manages stock indexes, suggested excluding treasury companies with 50% or more of their assets in cryptocurrencies from its products. Set to take effect in January, this proposal has drawn sharp criticism from the BTC community and Strategy investors. Excluding crypto treasury companies from stock indexes could deprive them of passive capital flows, potentially forcing these companies to sell off their crypto holdings to qualify for index inclusion, thereby driving asset prices down further.

Ethereum is entering a defining phase of its market structure, with fresh on-chain data showing exchange reserves dropping to their lowest level on record. source: https://www.ethnews.com/ethereum-hits-new-exchange-reserve-low-as-on-chain-demand-surges/

Following the fire at Hung Fook Court in Tai Po, New Territories, numerous organizations and practitioners in the crypto industry quickly announced donation plans, demonstrating a strong mobilization capacity and enthusiasm for public welfare.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

It took nearly a decade for a Bitcoin spot ETF to be approved, while an altcoin spot ETF was approved in just six months.

ICOs are back, and various launchpads are flocking to them, all wanting a piece of the pie.

Recommended reading tonight: 1. Crypto market takes a breather, Bitcoin rebounds back to $91,000, can it continue?; 2. Industry changes under Naver's $10.3 billion acquisition; 3. SIG founder: Why I'm bullish on prediction markets?

After two years of inflationary shocks, central bank interest rate hikes, geopolitical conflicts, supply chain disruptions, and tariff frictions, the market will have a broad outlook in 2026.

A 21-year-old unemployed Russian man, misguided that cryptocurrency was something that was stored in a safety vault just like any other fiat or valuables, broke into local cryptocurrency exchanges and attempted to steal the digital assets using brute force.

How does Zama provide blockchain with a "quantum invisibility suit"? Jinse Finance: What changes will Zama bring to privacy in the crypto space?

Klarna is preparing to launch KlarnaUSD, a stablecoin for global transactions.

Prediction, Polymarket, SIG Founder: Why I'm Optimistic About Prediction Markets? (Jinse Finance) When politicians try to fool us with lies, prediction markets offer the antidote.