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/

Trust Wallet has expanded its global reach with a major upgrade: Apple Pay integration for instant crypto purchases, now available to users in more than 45 countries. Announced on November 27, 2025, the update aims to remove long-standing friction points in onboarding by giving newcomers a familiar, secure, and fast way to buy digital assets. source: https://www.ethnews.com/trust-wallet-adds-apple-pay-support-for-45-countries/

XRP is under intense selling pressure as the broader crypto market enters a decisive stage marked by fear, uncertainty, and a rapid shift in investor sentiment. With Bitcoin struggling to recover and altcoins posting steep losses, many analysts are warning that XRP could face a continued decline in the coming days. Investors are bracing for more volatility as liquidity thins and market confidence weakens. Related Reading: Major Bitcoin LTH Sell-Off Signals Cycle Exhaustion as Supply Drops to 13 source: https://www.newsbtc.com/xrp-news/xrp-reserves-on-binance-collapse-to-record-lows-investors-move-toward-long-term-holding/

Masa Network empowers users by letting them control and monetise their own data on a blockchain platform, challenging big tech's control over AI training data. It aims to ensure privacy with encrypted data sharing and incentivises users and developers through its decentralised marketplace and dual-token rewards.