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Bitcoin Drop, Vanguard Crypto ETFs, Mixer Crackdown & $76M Token Unlocks
NEWS DIGEST – 05.12.2025
1) Crypto market slips — Bitcoin dips below $84,000 on liquidity & macro jitters
What happened: Bitcoin slid to nearly $84,000 before bouncing slightly; several other major cryptos also lost ground as liquidity tightened and macroeconomic uncertainty resurfaced.
Why it matters: The drop under $85 K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without fresh demand or macro tailwinds, crypto remains vulnerable to further downside.
⸻
2) Traditional investors shake-up — Vanguard opens access to Bitcoin, ETH, XRP & SOL ETFs for brokerage clients
What happened: Vanguard has reportedly allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and SOL to be available to its brokerage clients — significantly widening access to crypto exposure for traditional investors.
Why it matters: If capital flows through Vanguard, this could broaden the investor base beyond typical crypto holders to mainstream retail & institutional portfolios. That might support medium-term demand — but only if valuations stabilize enough to attract cautious investors.
⸻
3) Enforcement spotlight — Swiss & German authorities shut down mixing service amid money-laundering probe
What happened: Authorities in Switzerland and Germany shut down a crypto-mixer service, seized servers and froze assets after a key money-laundering investigation.
Why it matters: The crackdown signals renewed regulatory pressure on anonymity services and privacy-focused tools. This can increase compliance costs and risk for services and users — perhaps pushing more activity into regulated, transparent ecosystems. Privacy-sensitive users may retreat, reducing demand for certain kinds of protocols.
⸻
4) Fresh supply hitting markets — over $70 M in tokens scheduled to unlock early December
What happened: A wave of token unlocks is scheduled for the first week of December, totaling about US$76 million across multiple crypto projects.
Why it matters: New supply entering the market — especially during weak demand and liquidity — can add bearish pressure. Smaller-cap projects and newly issued tokens may see outsized volatility or price dips if demand doesn’t match supply.
1) Crypto market slips — Bitcoin dips below $84,000 on liquidity & macro jitters
What happened: Bitcoin slid to nearly $84,000 before bouncing slightly; several other major cryptos also lost ground as liquidity tightened and macroeconomic uncertainty resurfaced.
Why it matters: The drop under $85 K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without fresh demand or macro tailwinds, crypto remains vulnerable to further downside.
⸻
2) Traditional investors shake-up — Vanguard opens access to Bitcoin, ETH, XRP & SOL ETFs for brokerage clients
What happened: Vanguard has reportedly allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and SOL to be available to its brokerage clients — significantly widening access to crypto exposure for traditional investors.
Why it matters: If capital flows through Vanguard, this could broaden the investor base beyond typical crypto holders to mainstream retail & institutional portfolios. That might support medium-term demand — but only if valuations stabilize enough to attract cautious investors.
⸻
3) Enforcement spotlight — Swiss & German authorities shut down mixing service amid money-laundering probe
What happened: Authorities in Switzerland and Germany shut down a crypto-mixer service, seized servers and froze assets after a key money-laundering investigation.
Why it matters: The crackdown signals renewed regulatory pressure on anonymity services and privacy-focused tools. This can increase compliance costs and risk for services and users — perhaps pushing more activity into regulated, transparent ecosystems. Privacy-sensitive users may retreat, reducing demand for certain kinds of protocols.
⸻
4) Fresh supply hitting markets — over $70 M in tokens scheduled to unlock early December
What happened: A wave of token unlocks is scheduled for the first week of December, totaling about US$76 million across multiple crypto projects.
Why it matters: New supply entering the market — especially during weak demand and liquidity — can add bearish pressure. Smaller-cap projects and newly issued tokens may see outsized volatility or price dips if demand doesn’t match supply.
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Argentina’s Largest Oil Company Explores Accepting Crypto Payments for Fuel
Argentina’s state-controlled oil giant YPF is evaluating the possibility of allowing customers to pay for gasoline and diesel using cryptocurrencies, according to local media. The initiative would mark one of the most significant steps toward mainstream crypto adoption in the country’s energy sector. YPF Studies Fuel Payments in Crypto
The company is reviewing whether to integrate crypto payments across its network of service stations, a move that coincides with the continued rise of digital asset adoption among Argentinians. If approved, the option would join the firm’s broader shift toward modernizing payment infrastructure.
The company is reviewing whether to integrate crypto payments across its network of service stations, a move that coincides with the continued rise of digital asset adoption among Argentinians. If approved, the option would join the firm’s broader shift toward modernizing payment infrastructure.
Argentina’s Largest Oil Company Explores Accepting Crypto Payments for Fuel
Argentina’s state-controlled oil giant YPF is evaluating the possibility of allowing customers to pay for gasoline and diesel using cryptocurrencies, according to local media. The initiative would mark one of the most significant steps toward mainstream crypto adoption in the country’s energy sector.
YPF Studies Fuel Payments in Crypto
The company is reviewing whether to integrate crypto payments across its network of service stations, a move that coincides with the continued rise of digital asset adoption among Argentinians. If approved, the option would join the firm’s broader shift toward modernizing payment infrastructure.
The evaluation comes just two months after YPF stations became the first in the country to accept U.S. dollars for fuel purchases — a policy aligned with efforts led by Economy Minister Luis Caputo to promote gradual, market-driven dollarization and increase monetary flexibility.
Crypto Adoption Continues to Grow in Argentina
Crypto usage has accelerated in Argentina due to inflation pressures, currency instability, and rising demand for alternative stores of value. Introducing the ability to pay for essential goods such as fuel with digital assets would represent a major milestone in everyday crypto utility.
While the plan is still under internal review, such a move could position YPF as one of the first major national oil companies globally to adopt crypto payments.
What Is YPF?
YPF (Yacimientos Petrolíferos Fiscales) is Argentina’s largest integrated energy company and a central player in the country’s oil and gas industry. The firm operates across the full value chain — from exploration and production to refining, distribution, and retail sales at its nationwide network of service stations.
The Argentine government holds a 51% majority stake, making YPF strategically important for national energy policy, infrastructure development, and long-term economic planning.
If YPF moves forward with crypto payments, it could set a precedent for other large corporate sectors in Argentina — particularly transportation, retail, and utilities — as digital assets continue gaining traction among consumers.
YPF Studies Fuel Payments in Crypto
The company is reviewing whether to integrate crypto payments across its network of service stations, a move that coincides with the continued rise of digital asset adoption among Argentinians. If approved, the option would join the firm’s broader shift toward modernizing payment infrastructure.
The evaluation comes just two months after YPF stations became the first in the country to accept U.S. dollars for fuel purchases — a policy aligned with efforts led by Economy Minister Luis Caputo to promote gradual, market-driven dollarization and increase monetary flexibility.
Crypto Adoption Continues to Grow in Argentina
Crypto usage has accelerated in Argentina due to inflation pressures, currency instability, and rising demand for alternative stores of value. Introducing the ability to pay for essential goods such as fuel with digital assets would represent a major milestone in everyday crypto utility.
While the plan is still under internal review, such a move could position YPF as one of the first major national oil companies globally to adopt crypto payments.
What Is YPF?
YPF (Yacimientos Petrolíferos Fiscales) is Argentina’s largest integrated energy company and a central player in the country’s oil and gas industry. The firm operates across the full value chain — from exploration and production to refining, distribution, and retail sales at its nationwide network of service stations.
The Argentine government holds a 51% majority stake, making YPF strategically important for national energy policy, infrastructure development, and long-term economic planning.
If YPF moves forward with crypto payments, it could set a precedent for other large corporate sectors in Argentina — particularly transportation, retail, and utilities — as digital assets continue gaining traction among consumers.
Bitcoin Drop, Vanguard Crypto ETFs, Mixer Crackdown & $76M Token Unlocks
NEWS DIGEST – 05.12.2025
What happened: Bitcoin slid to nearly $84,000 before bouncing slightly; several other major cryptos also lost ground as liquidity tightened and macroeconomic uncertainty resurfaced.
Why it matters: The drop under $85 K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without fresh demand or macro tailwinds, crypto remains vulnerable to further downside.
⸻
2) Traditional investors shake-up — Vanguard opens access to Bitcoin, ETH, XRP & SOL ETFs for brokerage clients
What happened: Vanguard has reportedly allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and SOL to be available to its brokerage clients — significantly widening access to crypto exposure for traditional investors.
Why it matters: If capital flows through Vanguard, this could broaden the investor base beyond typical crypto holders to mainstream retail & institutional portfolios. That might support medium-term demand — but only if valuations stabilize enough to attract cautious investors.
⸻
3) Enforcement spotlight — Swiss & German authorities shut down mixing service amid money-laundering probe
What happened: Authorities in Switzerland and Germany shut down a crypto-mixer service, seized servers and froze assets after a key money-laundering investigation.
Why it matters: The crackdown signals renewed regulatory pressure on anonymity services and privacy-focused tools. This can increase compliance costs and risk for services and users — perhaps pushing more activity into regulated, transparent ecosystems. Privacy-sensitive users may retreat, reducing demand for certain kinds of protocols.
⸻
4) Fresh supply hitting markets — over $70 M in tokens scheduled to unlock early December
What happened: A wave of token unlocks is scheduled for the first week of December, totaling about US$76 million across multiple crypto projects.
Why it matters: New supply entering the market — especially during weak demand and liquidity — can add bearish pressure. Smaller-cap projects and newly issued tokens may see outsized volatility or price dips if demand doesn’t match supply.
What happened: Bitcoin slid to nearly $84,000 before bouncing slightly; several other major cryptos also lost ground as liquidity tightened and macroeconomic uncertainty resurfaced.
Why it matters: The drop under $85 K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without fresh demand or macro tailwinds, crypto remains vulnerable to further downside.
⸻
2) Traditional investors shake-up — Vanguard opens access to Bitcoin, ETH, XRP & SOL ETFs for brokerage clients
What happened: Vanguard has reportedly allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and SOL to be available to its brokerage clients — significantly widening access to crypto exposure for traditional investors.
Why it matters: If capital flows through Vanguard, this could broaden the investor base beyond typical crypto holders to mainstream retail & institutional portfolios. That might support medium-term demand — but only if valuations stabilize enough to attract cautious investors.
⸻
3) Enforcement spotlight — Swiss & German authorities shut down mixing service amid money-laundering probe
What happened: Authorities in Switzerland and Germany shut down a crypto-mixer service, seized servers and froze assets after a key money-laundering investigation.
Why it matters: The crackdown signals renewed regulatory pressure on anonymity services and privacy-focused tools. This can increase compliance costs and risk for services and users — perhaps pushing more activity into regulated, transparent ecosystems. Privacy-sensitive users may retreat, reducing demand for certain kinds of protocols.
⸻
4) Fresh supply hitting markets — over $70 M in tokens scheduled to unlock early December
What happened: A wave of token unlocks is scheduled for the first week of December, totaling about US$76 million across multiple crypto projects.
Why it matters: New supply entering the market — especially during weak demand and liquidity — can add bearish pressure. Smaller-cap projects and newly issued tokens may see outsized volatility or price dips if demand doesn’t match supply.
CZ Announces PredictFun, a New Prediction Market Built on BNB Chain
Former Binance CEO Changpeng Zhao has unveiled PredictFun, a native prediction market designed specifically for BNB Chain. In an announcement on X, CZ said the platform aims to address one of the long-standing challenges of prediction markets: users locking capital without earning yield while markets remain open.
PredictFun is incubated and financially supported by YZiLabs.
BNB Chain User Base as a Key Advantage
The project is built around BNB Chain’s large and active ecosystem, which consistently ranks among the busiest networks by number of addresses. The platform allows users to make predictions while continuing to earn staking rewards on the funds they commit, reducing the opportunity cost typically associated with long-running markets.
However, the network’s limited stablecoin liquidity remains an obstacle, Coindesk mention. BNB Chain currently has fewer stablecoin options compared to competing ecosystems, which could restrict liquidity and slow the platform’s growth.
Current Metrics and Early Positioning
According to publicly available data, PredictFun has more than 12,000 users and a total market volume of roughly $300,000. Despite the traction, the platform remains significantly smaller than major competitors such as Polymarket and Kalshi.
The main challenge in the coming months will be sustaining user activity and deepening liquidity rather than relying solely on initial hype.
Prediction Markets: A Fast-Growing Sector
The launch comes during a period of rapid expansion for prediction markets. In November, the sector recorded a new all-time high with $14.3 billion in combined trading volume: Kalshi — $5.8B, Polymarket — $4.3B, Opinion Labs — $4.2B.
Major platforms are also experimenting with new incentive structures. Both Polymarket and Kalshi have introduced staking rewards, treasury-backed incentives, or point-based systems to keep participants engaged and compensate for the capital tied up in unresolved markets.
One of the major developments in the sector is Polymarket’s official return to the United States after four years — a shift that could reshape the competitive landscape.
BNB Chain’s Scale Could Strengthen PredictFun’s Position
Despite early challenges, PredictFun may benefit from the size and engagement of the BNB Chain ecosystem. With thousands of active users and high transaction volumes, the chain could help the platform secure a meaningful position among leading prediction markets if liquidity grows and user retention stabilizes.
PredictFun is incubated and financially supported by YZiLabs.
BNB Chain User Base as a Key Advantage
The project is built around BNB Chain’s large and active ecosystem, which consistently ranks among the busiest networks by number of addresses. The platform allows users to make predictions while continuing to earn staking rewards on the funds they commit, reducing the opportunity cost typically associated with long-running markets.
However, the network’s limited stablecoin liquidity remains an obstacle, Coindesk mention. BNB Chain currently has fewer stablecoin options compared to competing ecosystems, which could restrict liquidity and slow the platform’s growth.
Current Metrics and Early Positioning
According to publicly available data, PredictFun has more than 12,000 users and a total market volume of roughly $300,000. Despite the traction, the platform remains significantly smaller than major competitors such as Polymarket and Kalshi.
The main challenge in the coming months will be sustaining user activity and deepening liquidity rather than relying solely on initial hype.
Prediction Markets: A Fast-Growing Sector
The launch comes during a period of rapid expansion for prediction markets. In November, the sector recorded a new all-time high with $14.3 billion in combined trading volume: Kalshi — $5.8B, Polymarket — $4.3B, Opinion Labs — $4.2B.
Major platforms are also experimenting with new incentive structures. Both Polymarket and Kalshi have introduced staking rewards, treasury-backed incentives, or point-based systems to keep participants engaged and compensate for the capital tied up in unresolved markets.
One of the major developments in the sector is Polymarket’s official return to the United States after four years — a shift that could reshape the competitive landscape.
BNB Chain’s Scale Could Strengthen PredictFun’s Position
Despite early challenges, PredictFun may benefit from the size and engagement of the BNB Chain ecosystem. With thousands of active users and high transaction volumes, the chain could help the platform secure a meaningful position among leading prediction markets if liquidity grows and user retention stabilizes.
CZ Announces PredictFun, a New Prediction Market Built on BNB Chain
Former Binance CEO Changpeng Zhao has unveiled PredictFun, a native prediction market designed specifically for BNB Chain. In an announcement on X, CZ said the platform aims to address one of the long-standing challenges of prediction markets: users locking capital without earning yield while markets remain open.
PredictFun is incubated and financially supported by YZiLabs.
BNB Chain User Base as a Key Advantage
The project is built around BNB Chain’s large and active ecosystem, which consistently ranks among the busiest networks by number of addresses. The platform allows users to make predictions while continuing to earn staking rewards on the funds they commit, reducing the opportunity cost typically associated with long-running markets.
However, the network’s limited stablecoin liquidity remains an obstacle, Coindesk mention. BNB Chain currently has fewer stablecoin options compared to competing ecosystems, which could restrict liquidity and slow the platform’s growth.
Current Metrics and Early Positioning
According to publicly available data, PredictFun has more than 12,000 users and a total market volume of roughly $300,000. Despite the traction, the platform remains significantly smaller than major competitors such as Polymarket and Kalshi.
The main challenge in the coming months will be sustaining user activity and deepening liquidity rather than relying solely on initial hype.
Prediction Markets: A Fast-Growing Sector
The launch comes during a period of rapid expansion for prediction markets. In November, the sector recorded a new all-time high with $14.3 billion in combined trading volume: Kalshi — $5.8B, Polymarket — $4.3B, Opinion Labs — $4.2B.
Major platforms are also experimenting with new incentive structures. Both Polymarket and Kalshi have introduced staking rewards, treasury-backed incentives, or point-based systems to keep participants engaged and compensate for the capital tied up in unresolved markets.
One of the major developments in the sector is Polymarket’s official return to the United States after four years — a shift that could reshape the competitive landscape.
BNB Chain’s Scale Could Strengthen PredictFun’s Position
Despite early challenges, PredictFun may benefit from the size and engagement of the BNB Chain ecosystem. With thousands of active users and high transaction volumes, the chain could help the platform secure a meaningful position among leading prediction markets if liquidity grows and user retention stabilizes.
PredictFun is incubated and financially supported by YZiLabs.
BNB Chain User Base as a Key Advantage
The project is built around BNB Chain’s large and active ecosystem, which consistently ranks among the busiest networks by number of addresses. The platform allows users to make predictions while continuing to earn staking rewards on the funds they commit, reducing the opportunity cost typically associated with long-running markets.
However, the network’s limited stablecoin liquidity remains an obstacle, Coindesk mention. BNB Chain currently has fewer stablecoin options compared to competing ecosystems, which could restrict liquidity and slow the platform’s growth.
Current Metrics and Early Positioning
According to publicly available data, PredictFun has more than 12,000 users and a total market volume of roughly $300,000. Despite the traction, the platform remains significantly smaller than major competitors such as Polymarket and Kalshi.
The main challenge in the coming months will be sustaining user activity and deepening liquidity rather than relying solely on initial hype.
Prediction Markets: A Fast-Growing Sector
The launch comes during a period of rapid expansion for prediction markets. In November, the sector recorded a new all-time high with $14.3 billion in combined trading volume: Kalshi — $5.8B, Polymarket — $4.3B, Opinion Labs — $4.2B.
Major platforms are also experimenting with new incentive structures. Both Polymarket and Kalshi have introduced staking rewards, treasury-backed incentives, or point-based systems to keep participants engaged and compensate for the capital tied up in unresolved markets.
One of the major developments in the sector is Polymarket’s official return to the United States after four years — a shift that could reshape the competitive landscape.
BNB Chain’s Scale Could Strengthen PredictFun’s Position
Despite early challenges, PredictFun may benefit from the size and engagement of the BNB Chain ecosystem. With thousands of active users and high transaction volumes, the chain could help the platform secure a meaningful position among leading prediction markets if liquidity grows and user retention stabilizes.
Bitcoin Rally, LINK ETF Launch, Ethereum Fusaka Upgrade & Market Liquidity Risks — Crypto News Di...
NEWS DIGEST – 04.12.2025
1) Bitcoin & Ethereum rally as rate-cut hopes spark risk-on mood
What happened: Bitcoin jumped to around $93,400, and Ethereum surged past $3,200, as expectations of a U.S. Federal Reserve rate cut revived risk appetite across markets. Crypto broadly followed stocks higher.
Why it matters: The rally shows that macro sentiment still drives crypto — when interest-rate expectations shift, BTC/ETH may react strongly. However, for a sustained rebound, we need more than just momentum: demand, volume and structural signals must improve.
⸻
2) Grayscale Investments launches first U.S. spot ETF for Chainlink (LINK), draws early inflows
What happened: Grayscale’s new LINK spot ETF recorded roughly $41 million of inflows on day one, sending LINK token higher and injecting optimism into altcoin segments.
Why it matters: This marks growing institutional infrastructure for altcoins — not just BTC/ETH. If demand persists, altcoins could benefit from fresh capital flows. But when macro stays shaky, expect elevated volatility.
⸻
3) Network-level catalyst — Ethereum “Fusaka” upgrade goes live
What happened: Ethereum’s Fusaka upgrade deployed PeerDAS improvements, enhancing layer-2 scalability and overall network efficiency — a long-term technical milestone for ETH.
Why it matters: Technical upgrades can strengthen Ethereum’s fundamentals, boost developer confidence, and support long-term capital inflows. If Fusaka delivers, ETH could regain competitive edge vs other smart-contract platforms.
⸻
4) Market still fragile — overall liquidity & consensus remain cautious
What happened: Despite the bounce, trading-volume data and market-breadth metrics (fear/greed indexes, altcoin-token flows) show that demand is still thin. Many investors remain sidelined, watching macro trends rather than jumping in.
Why it matters: Without deeper liquidity and consistent demand, any bounce risks being temporary. Volatility remains high — this could be a relief rally, not a full reversal. Risk-management and patience are still key.
1) Bitcoin & Ethereum rally as rate-cut hopes spark risk-on mood
What happened: Bitcoin jumped to around $93,400, and Ethereum surged past $3,200, as expectations of a U.S. Federal Reserve rate cut revived risk appetite across markets. Crypto broadly followed stocks higher.
Why it matters: The rally shows that macro sentiment still drives crypto — when interest-rate expectations shift, BTC/ETH may react strongly. However, for a sustained rebound, we need more than just momentum: demand, volume and structural signals must improve.
⸻
2) Grayscale Investments launches first U.S. spot ETF for Chainlink (LINK), draws early inflows
What happened: Grayscale’s new LINK spot ETF recorded roughly $41 million of inflows on day one, sending LINK token higher and injecting optimism into altcoin segments.
Why it matters: This marks growing institutional infrastructure for altcoins — not just BTC/ETH. If demand persists, altcoins could benefit from fresh capital flows. But when macro stays shaky, expect elevated volatility.
⸻
3) Network-level catalyst — Ethereum “Fusaka” upgrade goes live
What happened: Ethereum’s Fusaka upgrade deployed PeerDAS improvements, enhancing layer-2 scalability and overall network efficiency — a long-term technical milestone for ETH.
Why it matters: Technical upgrades can strengthen Ethereum’s fundamentals, boost developer confidence, and support long-term capital inflows. If Fusaka delivers, ETH could regain competitive edge vs other smart-contract platforms.
⸻
4) Market still fragile — overall liquidity & consensus remain cautious
What happened: Despite the bounce, trading-volume data and market-breadth metrics (fear/greed indexes, altcoin-token flows) show that demand is still thin. Many investors remain sidelined, watching macro trends rather than jumping in.
Why it matters: Without deeper liquidity and consistent demand, any bounce risks being temporary. Volatility remains high — this could be a relief rally, not a full reversal. Risk-management and patience are still key.
Bitcoin Rally, LINK ETF Launch, Ethereum Fusaka Upgrade & Market Liquidity Risks — Crypto News Di...
NEWS DIGEST – 04.12.2025
What happened: Bitcoin jumped to around $93,400, and Ethereum surged past $3,200, as expectations of a U.S. Federal Reserve rate cut revived risk appetite across markets. Crypto broadly followed stocks higher.
Why it matters: The rally shows that macro sentiment still drives crypto — when interest-rate expectations shift, BTC/ETH may react strongly. However, for a sustained rebound, we need more than just momentum: demand, volume and structural signals must improve.
⸻
2) Grayscale Investments launches first U.S. spot ETF for Chainlink (LINK), draws early inflows
What happened: Grayscale’s new LINK spot ETF recorded roughly $41 million of inflows on day one, sending LINK token higher and injecting optimism into altcoin segments.
Why it matters: This marks growing institutional infrastructure for altcoins — not just BTC/ETH. If demand persists, altcoins could benefit from fresh capital flows. But when macro stays shaky, expect elevated volatility.
⸻
3) Network-level catalyst — Ethereum “Fusaka” upgrade goes live
What happened: Ethereum’s Fusaka upgrade deployed PeerDAS improvements, enhancing layer-2 scalability and overall network efficiency — a long-term technical milestone for ETH.
Why it matters: Technical upgrades can strengthen Ethereum’s fundamentals, boost developer confidence, and support long-term capital inflows. If Fusaka delivers, ETH could regain competitive edge vs other smart-contract platforms.
⸻
4) Market still fragile — overall liquidity & consensus remain cautious
What happened: Despite the bounce, trading-volume data and market-breadth metrics (fear/greed indexes, altcoin-token flows) show that demand is still thin. Many investors remain sidelined, watching macro trends rather than jumping in.
Why it matters: Without deeper liquidity and consistent demand, any bounce risks being temporary. Volatility remains high — this could be a relief rally, not a full reversal. Risk-management and patience are still key.
What happened: Bitcoin jumped to around $93,400, and Ethereum surged past $3,200, as expectations of a U.S. Federal Reserve rate cut revived risk appetite across markets. Crypto broadly followed stocks higher.
Why it matters: The rally shows that macro sentiment still drives crypto — when interest-rate expectations shift, BTC/ETH may react strongly. However, for a sustained rebound, we need more than just momentum: demand, volume and structural signals must improve.
⸻
2) Grayscale Investments launches first U.S. spot ETF for Chainlink (LINK), draws early inflows
What happened: Grayscale’s new LINK spot ETF recorded roughly $41 million of inflows on day one, sending LINK token higher and injecting optimism into altcoin segments.
Why it matters: This marks growing institutional infrastructure for altcoins — not just BTC/ETH. If demand persists, altcoins could benefit from fresh capital flows. But when macro stays shaky, expect elevated volatility.
⸻
3) Network-level catalyst — Ethereum “Fusaka” upgrade goes live
What happened: Ethereum’s Fusaka upgrade deployed PeerDAS improvements, enhancing layer-2 scalability and overall network efficiency — a long-term technical milestone for ETH.
Why it matters: Technical upgrades can strengthen Ethereum’s fundamentals, boost developer confidence, and support long-term capital inflows. If Fusaka delivers, ETH could regain competitive edge vs other smart-contract platforms.
⸻
4) Market still fragile — overall liquidity & consensus remain cautious
What happened: Despite the bounce, trading-volume data and market-breadth metrics (fear/greed indexes, altcoin-token flows) show that demand is still thin. Many investors remain sidelined, watching macro trends rather than jumping in.
Why it matters: Without deeper liquidity and consistent demand, any bounce risks being temporary. Volatility remains high — this could be a relief rally, not a full reversal. Risk-management and patience are still key.
Poland’s President Vetoes New Strict Crypto Regulation Bill
Poland’s President Karol Nawrocki has vetoed the country’s proposed Crypto-Asset Market Act, stopping a legislative package that aimed to introduce strict oversight of digital-asset businesses. The decision immediately raised mixed reactions across political circles and the crypto community.
In a statement released by the Presidential Press Office, Nawrocki said the bill’s provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state.”
A major point of concern is a clause granting authorities the ability to block websites linked to crypto businesses. According to the President, such a measure “could lead to abuse” due to the lack of clear safeguards and transparency around domain blocking.
Excessive Regulatory Burden and Risk of Pushing Companies Abroad
Nawrocki also criticized the bill’s complexity and volume, arguing that the regulatory burden would be excessive.
He stated: “Overregulation is an easy way to push companies toward the Czech Republic, Lithuania, or Malta instead of creating conditions for them to operate and pay taxes in Poland.”
High Fees Could Harm Startups and Undermine Competition
Another issue raised by the President involves the high supervisory fees proposed in the act. He warned that these charges could stifle startup activity and give an unfair advantage to foreign banks and corporations.
Nawrocki described the approach as: “A distortion of logic, the destruction of a competitive market, and a serious threat to innovation.”
The Polish Sejm approved the bill in late September, though representatives of the digital-asset industry criticized it immediately. At the time, politician Tomasz Mentzen publicly urged the President to veto the legislation.
Opposition Warns of Investor Risks
However, not all government members supported Nawrocki’s decision. Several officials, including Deputy Prime Minister Radislav Sikorsky, argued that rejecting the bill leaves retail investors exposed to unnecessary risks.
Sikorsky commented:
“When the bubble bursts and thousands of Poles lose their savings, at least they will know who to thank.”
The debate unfolds as the European Union prepares for full implementation of MiCA — its unified regulatory framework for digital assets — which will take effect across all EU member states on July 1, 2026.
In a statement released by the Presidential Press Office, Nawrocki said the bill’s provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state.”
A major point of concern is a clause granting authorities the ability to block websites linked to crypto businesses. According to the President, such a measure “could lead to abuse” due to the lack of clear safeguards and transparency around domain blocking.
Excessive Regulatory Burden and Risk of Pushing Companies Abroad
Nawrocki also criticized the bill’s complexity and volume, arguing that the regulatory burden would be excessive.
He stated: “Overregulation is an easy way to push companies toward the Czech Republic, Lithuania, or Malta instead of creating conditions for them to operate and pay taxes in Poland.”
High Fees Could Harm Startups and Undermine Competition
Another issue raised by the President involves the high supervisory fees proposed in the act. He warned that these charges could stifle startup activity and give an unfair advantage to foreign banks and corporations.
Nawrocki described the approach as: “A distortion of logic, the destruction of a competitive market, and a serious threat to innovation.”
The Polish Sejm approved the bill in late September, though representatives of the digital-asset industry criticized it immediately. At the time, politician Tomasz Mentzen publicly urged the President to veto the legislation.
Opposition Warns of Investor Risks
However, not all government members supported Nawrocki’s decision. Several officials, including Deputy Prime Minister Radislav Sikorsky, argued that rejecting the bill leaves retail investors exposed to unnecessary risks.
Sikorsky commented:
“When the bubble bursts and thousands of Poles lose their savings, at least they will know who to thank.”
The debate unfolds as the European Union prepares for full implementation of MiCA — its unified regulatory framework for digital assets — which will take effect across all EU member states on July 1, 2026.
Poland’s President Vetoes New Strict Crypto Regulation Bill
Poland’s President Karol Nawrocki has vetoed the country’s proposed Crypto-Asset Market Act, stopping a legislative package that aimed to introduce strict oversight of digital-asset businesses. The decision immediately raised mixed reactions across political circles and the crypto community.
In a statement released by the Presidential Press Office, Nawrocki said the bill’s provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state.”
A major point of concern is a clause granting authorities the ability to block websites linked to crypto businesses. According to the President, such a measure “could lead to abuse” due to the lack of clear safeguards and transparency around domain blocking.
Excessive Regulatory Burden and Risk of Pushing Companies Abroad
Nawrocki also criticized the bill’s complexity and volume, arguing that the regulatory burden would be excessive. He stated: “Overregulation is an easy way to push companies toward the Czech Republic, Lithuania, or Malta instead of creating conditions for them to operate and pay taxes in Poland.”
High Fees Could Harm Startups and Undermine Competition
Another issue raised by the President involves the high supervisory fees proposed in the act. He warned that these charges could stifle startup activity and give an unfair advantage to foreign banks and corporations. Nawrocki described the approach as: “A distortion of logic, the destruction of a competitive market, and a serious threat to innovation.”
The Polish Sejm approved the bill in late September, though representatives of the digital-asset industry criticized it immediately. At the time, politician Tomasz Mentzen publicly urged the President to veto the legislation.
Opposition Warns of Investor Risks
However, not all government members supported Nawrocki’s decision. Several officials, including Deputy Prime Minister Radislav Sikorsky, argued that rejecting the bill leaves retail investors exposed to unnecessary risks.
Sikorsky commented:
“When the bubble bursts and thousands of Poles lose their savings, at least they will know who to thank.”
The debate unfolds as the European Union prepares for full implementation of MiCA — its unified regulatory framework for digital assets — which will take effect across all EU member states on July 1, 2026.
In a statement released by the Presidential Press Office, Nawrocki said the bill’s provisions “genuinely threaten the freedoms of Poles, their property, and the stability of the state.”
A major point of concern is a clause granting authorities the ability to block websites linked to crypto businesses. According to the President, such a measure “could lead to abuse” due to the lack of clear safeguards and transparency around domain blocking.
Excessive Regulatory Burden and Risk of Pushing Companies Abroad
Nawrocki also criticized the bill’s complexity and volume, arguing that the regulatory burden would be excessive. He stated: “Overregulation is an easy way to push companies toward the Czech Republic, Lithuania, or Malta instead of creating conditions for them to operate and pay taxes in Poland.”
High Fees Could Harm Startups and Undermine Competition
Another issue raised by the President involves the high supervisory fees proposed in the act. He warned that these charges could stifle startup activity and give an unfair advantage to foreign banks and corporations. Nawrocki described the approach as: “A distortion of logic, the destruction of a competitive market, and a serious threat to innovation.”
The Polish Sejm approved the bill in late September, though representatives of the digital-asset industry criticized it immediately. At the time, politician Tomasz Mentzen publicly urged the President to veto the legislation.
Opposition Warns of Investor Risks
However, not all government members supported Nawrocki’s decision. Several officials, including Deputy Prime Minister Radislav Sikorsky, argued that rejecting the bill leaves retail investors exposed to unnecessary risks.
Sikorsky commented:
“When the bubble bursts and thousands of Poles lose their savings, at least they will know who to thank.”
The debate unfolds as the European Union prepares for full implementation of MiCA — its unified regulatory framework for digital assets — which will take effect across all EU member states on July 1, 2026.
Bitcoin Rebound, Ethereum Fusaka Upgrade, MENA Crypto Growth, Market Downtrend
NEWS DIGEST – 03.12.2025
1) Bitcoin & ETH surge — market tries to recover after November drop
What happened: Bitcoin rebounded strongly today above $91,000, while Ethereum rallied back around $3,000, following recent sharp declines. Market-wide gains lifted broader crypto sentiment.
Why it matters: The bounce suggests that sellers who triggered the fall might be exhausted, and dip-buyers are stepping in. If this rally holds, it could mark the start of a consolidation or even a base-forming period. Still — given macro risks and prior volatility — caution is warranted before calling it a full recovery.
⸻
2) Ethereum’s “Fusaka Upgrade” goes live — network-level catalyst for ETH
What happened: The Fusaka upgrade on Ethereum activated on December 3, 2025 — introducing new PeerDAS technology aimed at improving node storage efficiency and long-term scalability of the network.
Why it matters: Fundamental upgrades like this can improve Ethereum’s infrastructure, potentially boosting network health, developer interest and investor confidence. If Fusaka delivers as promised, ETH could attract renewed institutional or long-term capital — beyond purely speculative flows.
⸻
3) Market remains under pressure — long-term downtrend still intact
What happened: Despite today’s bounce, $BTC and $ETH have both lost around 30-36 % from recent highs; sentiment remains fragile and many analysts warn the broader bear environment isn’t over.
Why it matters: Rallies in bear markets tend to be volatile and short-lived. Until institutional flows, macro conditions or on-chain demand pick up meaningfully, any upside may be vulnerable to renewed corrections — so risk management is key.
⸻
4) Middle East & MENA crypto volume jumps — region shows renewed activity
What happened: A recent report highlighted a spike in crypto-asset transaction volumes in the Middle East & North Africa (MENA), signalling growing adoption and increased activity in that region, even as global markets remain jittery.
Why it matters: Diversified regional adoption can offer a buffer to global headwinds — if markets in MENA continue to grow, that regional demand could help stabilize global sentiment for crypto. It also underscores that crypto remains global, and capital/interest is shifting across geographies, not just concentrated in traditional Western hubs.
1) Bitcoin & ETH surge — market tries to recover after November drop
What happened: Bitcoin rebounded strongly today above $91,000, while Ethereum rallied back around $3,000, following recent sharp declines. Market-wide gains lifted broader crypto sentiment.
Why it matters: The bounce suggests that sellers who triggered the fall might be exhausted, and dip-buyers are stepping in. If this rally holds, it could mark the start of a consolidation or even a base-forming period. Still — given macro risks and prior volatility — caution is warranted before calling it a full recovery.
⸻
2) Ethereum’s “Fusaka Upgrade” goes live — network-level catalyst for ETH
What happened: The Fusaka upgrade on Ethereum activated on December 3, 2025 — introducing new PeerDAS technology aimed at improving node storage efficiency and long-term scalability of the network.
Why it matters: Fundamental upgrades like this can improve Ethereum’s infrastructure, potentially boosting network health, developer interest and investor confidence. If Fusaka delivers as promised, ETH could attract renewed institutional or long-term capital — beyond purely speculative flows.
⸻
3) Market remains under pressure — long-term downtrend still intact
What happened: Despite today’s bounce, $BTC and $ETH have both lost around 30-36 % from recent highs; sentiment remains fragile and many analysts warn the broader bear environment isn’t over.
Why it matters: Rallies in bear markets tend to be volatile and short-lived. Until institutional flows, macro conditions or on-chain demand pick up meaningfully, any upside may be vulnerable to renewed corrections — so risk management is key.
⸻
4) Middle East & MENA crypto volume jumps — region shows renewed activity
What happened: A recent report highlighted a spike in crypto-asset transaction volumes in the Middle East & North Africa (MENA), signalling growing adoption and increased activity in that region, even as global markets remain jittery.
Why it matters: Diversified regional adoption can offer a buffer to global headwinds — if markets in MENA continue to grow, that regional demand could help stabilize global sentiment for crypto. It also underscores that crypto remains global, and capital/interest is shifting across geographies, not just concentrated in traditional Western hubs.
Bitcoin Rebound, Ethereum Fusaka Upgrade, MENA Crypto Growth, Market Downtrend
NEWS DIGEST – 03.12.2025
What happened: Bitcoin rebounded strongly today above $91,000, while Ethereum rallied back around $3,000, following recent sharp declines. Market-wide gains lifted broader crypto sentiment.
Why it matters: The bounce suggests that sellers who triggered the fall might be exhausted, and dip-buyers are stepping in. If this rally holds, it could mark the start of a consolidation or even a base-forming period. Still — given macro risks and prior volatility — caution is warranted before calling it a full recovery.
⸻
2) Ethereum’s “Fusaka Upgrade” goes live — network-level catalyst for ETH
What happened: The Fusaka upgrade on Ethereum activated on December 3, 2025 — introducing new PeerDAS technology aimed at improving node storage efficiency and long-term scalability of the network.
Why it matters: Fundamental upgrades like this can improve Ethereum’s infrastructure, potentially boosting network health, developer interest and investor confidence. If Fusaka delivers as promised, ETH could attract renewed institutional or long-term capital — beyond purely speculative flows.
⸻
3) Market remains under pressure — long-term downtrend still intact
What happened: Despite today’s bounce, $BTC and $ETH have both lost around 30-36 % from recent highs; sentiment remains fragile and many analysts warn the broader bear environment isn’t over.
Why it matters: Rallies in bear markets tend to be volatile and short-lived. Until institutional flows, macro conditions or on-chain demand pick up meaningfully, any upside may be vulnerable to renewed corrections — so risk management is key.
⸻
4) Middle East & MENA crypto volume jumps — region shows renewed activity
What happened: A recent report highlighted a spike in crypto-asset transaction volumes in the Middle East & North Africa (MENA), signalling growing adoption and increased activity in that region, even as global markets remain jittery.
Why it matters: Diversified regional adoption can offer a buffer to global headwinds — if markets in MENA continue to grow, that regional demand could help stabilize global sentiment for crypto. It also underscores that crypto remains global, and capital/interest is shifting across geographies, not just concentrated in traditional Western hubs.
What happened: Bitcoin rebounded strongly today above $91,000, while Ethereum rallied back around $3,000, following recent sharp declines. Market-wide gains lifted broader crypto sentiment.
Why it matters: The bounce suggests that sellers who triggered the fall might be exhausted, and dip-buyers are stepping in. If this rally holds, it could mark the start of a consolidation or even a base-forming period. Still — given macro risks and prior volatility — caution is warranted before calling it a full recovery.
⸻
2) Ethereum’s “Fusaka Upgrade” goes live — network-level catalyst for ETH
What happened: The Fusaka upgrade on Ethereum activated on December 3, 2025 — introducing new PeerDAS technology aimed at improving node storage efficiency and long-term scalability of the network.
Why it matters: Fundamental upgrades like this can improve Ethereum’s infrastructure, potentially boosting network health, developer interest and investor confidence. If Fusaka delivers as promised, ETH could attract renewed institutional or long-term capital — beyond purely speculative flows.
⸻
3) Market remains under pressure — long-term downtrend still intact
What happened: Despite today’s bounce, $BTC and $ETH have both lost around 30-36 % from recent highs; sentiment remains fragile and many analysts warn the broader bear environment isn’t over.
Why it matters: Rallies in bear markets tend to be volatile and short-lived. Until institutional flows, macro conditions or on-chain demand pick up meaningfully, any upside may be vulnerable to renewed corrections — so risk management is key.
⸻
4) Middle East & MENA crypto volume jumps — region shows renewed activity
What happened: A recent report highlighted a spike in crypto-asset transaction volumes in the Middle East & North Africa (MENA), signalling growing adoption and increased activity in that region, even as global markets remain jittery.
Why it matters: Diversified regional adoption can offer a buffer to global headwinds — if markets in MENA continue to grow, that regional demand could help stabilize global sentiment for crypto. It also underscores that crypto remains global, and capital/interest is shifting across geographies, not just concentrated in traditional Western hubs.
Peter Schiff Calls MSTR’s Bitcoin Strategy a “Ponzi Scheme“, Predicts Imminent Collapse
Gold advocate and economist Peter Schiff has escalated his criticism of MicroStrategy (MSTR), calling the company’s Bitcoin-centered business model a “Ponzi scheme” and warning that its end has begun.
In a series of posts on X, Schiff — Chief Economist & Global Strategist at Europac.com and Chairman of SchiffGold — argued that MicroStrategy’s financing strategy is unsustainable. He accused the company of relying on the sale of preferred shares to pay dividends despite lacking meaningful operating income.
Schiff wrote:
“But as MSTR has no income, unless it sells Bitcoin it can only pay dividends by selling more preferreds. In other words, it’s a Ponzi scheme.”
He further claimed that CEO Michael Saylor has begun selling stock not to acquire additional Bitcoin, but to raise U.S. dollars to meet the firm’s interest and dividend obligations. According to Schiff:
“Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud, and @Saylor is the biggest con man on Wall Street.”
Schiff also disputed Saylor’s description of the business model — which involves issuing digital credit via preferred shares paying 8%–10% dividends — arguing that the mechanism is structurally flawed.
Longtime Bitcoin Critic Expands on “Fake Asset” Narrative
A well-known Bitcoin skeptic, Schiff reiterated that the current decline in BTC is not simply the result of risk-off market behavior. He argued that the asset is fundamentally weak, stating that: – the NASDAQ trades less than 2% below its all-time high, – while Bitcoin remains 28% below its record price.
For Schiff, this divergence signals a “rotation from fake to real assets,” reinforcing his long-held belief that Bitcoin lacks intrinsic value.
MSTR’s Role in the Recent Market Dump Raise Discussion
MicroStrategy’s large-scale Bitcoin acquisition strategy has placed the company at the center of ongoing market conversations. In the past two months, some analysts have suggested that the broader decline in crypto prices may be partly tied to the firm’s leveraged exposure and the sheer size of its Bitcoin position.
At the same time, a number of market commentators continue to support MicroStrategy’s approach and Saylor’s long-term thesis. They note that the company’s premium valuation reflects investors’ trust in a management team capable of mobilizing global capital and executing large BTC purchases more efficiently than individual market participants.
Schiff’s Criticism Aligns With His Longstanding Warnings on Leverage
Schiff’s remarks build on his earlier concerns about speculative strategies involving borrowed capital. He has repeatedly argued that heavily leveraged Bitcoin positions could become vulnerable during periods of market stress, potentially triggering wider sell-offs.
MicroStrategy’s Current Holdings
MicroStrategy currently holds 641,692 BTC, acquired at an average price of $74,085 per coin. Even with recent price swings, the company still sits in unrealized gains. The firm remains one of the most notable corporate examples of an aggressive, debt-enabled Bitcoin accumulation strategy — celebrated by supporters as forward-looking, yet criticized by skeptics like Schiff as inherently risky.
In a series of posts on X, Schiff — Chief Economist & Global Strategist at Europac.com and Chairman of SchiffGold — argued that MicroStrategy’s financing strategy is unsustainable. He accused the company of relying on the sale of preferred shares to pay dividends despite lacking meaningful operating income.
Schiff wrote:
“But as MSTR has no income, unless it sells Bitcoin it can only pay dividends by selling more preferreds. In other words, it’s a Ponzi scheme.”
He further claimed that CEO Michael Saylor has begun selling stock not to acquire additional Bitcoin, but to raise U.S. dollars to meet the firm’s interest and dividend obligations. According to Schiff:
“Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud, and @Saylor is the biggest con man on Wall Street.”
Schiff also disputed Saylor’s description of the business model — which involves issuing digital credit via preferred shares paying 8%–10% dividends — arguing that the mechanism is structurally flawed.
Longtime Bitcoin Critic Expands on “Fake Asset” Narrative
A well-known Bitcoin skeptic, Schiff reiterated that the current decline in BTC is not simply the result of risk-off market behavior. He argued that the asset is fundamentally weak, stating that: – the NASDAQ trades less than 2% below its all-time high, – while Bitcoin remains 28% below its record price.
For Schiff, this divergence signals a “rotation from fake to real assets,” reinforcing his long-held belief that Bitcoin lacks intrinsic value.
MSTR’s Role in the Recent Market Dump Raise Discussion
MicroStrategy’s large-scale Bitcoin acquisition strategy has placed the company at the center of ongoing market conversations. In the past two months, some analysts have suggested that the broader decline in crypto prices may be partly tied to the firm’s leveraged exposure and the sheer size of its Bitcoin position.
At the same time, a number of market commentators continue to support MicroStrategy’s approach and Saylor’s long-term thesis. They note that the company’s premium valuation reflects investors’ trust in a management team capable of mobilizing global capital and executing large BTC purchases more efficiently than individual market participants.
Schiff’s Criticism Aligns With His Longstanding Warnings on Leverage
Schiff’s remarks build on his earlier concerns about speculative strategies involving borrowed capital. He has repeatedly argued that heavily leveraged Bitcoin positions could become vulnerable during periods of market stress, potentially triggering wider sell-offs.
MicroStrategy’s Current Holdings
MicroStrategy currently holds 641,692 BTC, acquired at an average price of $74,085 per coin. Even with recent price swings, the company still sits in unrealized gains. The firm remains one of the most notable corporate examples of an aggressive, debt-enabled Bitcoin accumulation strategy — celebrated by supporters as forward-looking, yet criticized by skeptics like Schiff as inherently risky.
Peter Schiff Calls MSTR’s Bitcoin Strategy a “Ponzi Scheme“, Predicts Imminent Collapse
Gold advocate and economist Peter Schiff has escalated his criticism of MicroStrategy (MSTR), calling the company’s Bitcoin-centered business model a “Ponzi scheme” and warning that its end has begun.
In a series of posts on X, Schiff — Chief Economist & Global Strategist at Europac.com and Chairman of SchiffGold — argued that MicroStrategy’s financing strategy is unsustainable. He accused the company of relying on the sale of preferred shares to pay dividends despite lacking meaningful operating income.
Schiff wrote:
“But as MSTR has no income, unless it sells Bitcoin it can only pay dividends by selling more preferreds. In other words, it’s a Ponzi scheme.”
He further claimed that CEO Michael Saylor has begun selling stock not to acquire additional Bitcoin, but to raise U.S. dollars to meet the firm’s interest and dividend obligations. According to Schiff:
“Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud, and @Saylor is the biggest con man on Wall Street.”
Schiff also disputed Saylor’s description of the business model — which involves issuing digital credit via preferred shares paying 8%–10% dividends — arguing that the mechanism is structurally flawed.
Longtime Bitcoin Critic Expands on “Fake Asset” Narrative
A well-known Bitcoin skeptic, Schiff reiterated that the current decline in BTC is not simply the result of risk-off market behavior. He argued that the asset is fundamentally weak, stating that:
– the NASDAQ trades less than 2% below its all-time high,
– while Bitcoin remains 28% below its record price.
For Schiff, this divergence signals a “rotation from fake to real assets,” reinforcing his long-held belief that Bitcoin lacks intrinsic value.
MSTR’s Role in the Recent Market Dump Raise Discussion
MicroStrategy’s large-scale Bitcoin acquisition strategy has placed the company at the center of ongoing market conversations. In the past two months, some analysts have suggested that the broader decline in crypto prices may be partly tied to the firm’s leveraged exposure and the sheer size of its Bitcoin position.
At the same time, a number of market commentators continue to support MicroStrategy’s approach and Saylor’s long-term thesis. They note that the company’s premium valuation reflects investors’ trust in a management team capable of mobilizing global capital and executing large BTC purchases more efficiently than individual market participants.
Schiff’s Criticism Aligns With His Longstanding Warnings on Leverage
Schiff’s remarks build on his earlier concerns about speculative strategies involving borrowed capital. He has repeatedly argued that heavily leveraged Bitcoin positions could become vulnerable during periods of market stress, potentially triggering wider sell-offs.
MicroStrategy’s Current Holdings
MicroStrategy currently holds 641,692 BTC, acquired at an average price of $74,085 per coin. Even with recent price swings, the company still sits in unrealized gains.
The firm remains one of the most notable corporate examples of an aggressive, debt-enabled Bitcoin accumulation strategy — celebrated by supporters as forward-looking, yet criticized by skeptics like Schiff as inherently risky.
In a series of posts on X, Schiff — Chief Economist & Global Strategist at Europac.com and Chairman of SchiffGold — argued that MicroStrategy’s financing strategy is unsustainable. He accused the company of relying on the sale of preferred shares to pay dividends despite lacking meaningful operating income.
Schiff wrote:
“But as MSTR has no income, unless it sells Bitcoin it can only pay dividends by selling more preferreds. In other words, it’s a Ponzi scheme.”
He further claimed that CEO Michael Saylor has begun selling stock not to acquire additional Bitcoin, but to raise U.S. dollars to meet the firm’s interest and dividend obligations. According to Schiff:
“Today is the beginning of the end of $MSTR. Saylor was forced to sell stock not to buy Bitcoin, but to buy U.S. dollars merely to fund MSTR’s interest and dividend obligations. The stock is broken. The business model is a fraud, and @Saylor is the biggest con man on Wall Street.”
Schiff also disputed Saylor’s description of the business model — which involves issuing digital credit via preferred shares paying 8%–10% dividends — arguing that the mechanism is structurally flawed.
Longtime Bitcoin Critic Expands on “Fake Asset” Narrative
A well-known Bitcoin skeptic, Schiff reiterated that the current decline in BTC is not simply the result of risk-off market behavior. He argued that the asset is fundamentally weak, stating that:
– the NASDAQ trades less than 2% below its all-time high,
– while Bitcoin remains 28% below its record price.
For Schiff, this divergence signals a “rotation from fake to real assets,” reinforcing his long-held belief that Bitcoin lacks intrinsic value.
MSTR’s Role in the Recent Market Dump Raise Discussion
MicroStrategy’s large-scale Bitcoin acquisition strategy has placed the company at the center of ongoing market conversations. In the past two months, some analysts have suggested that the broader decline in crypto prices may be partly tied to the firm’s leveraged exposure and the sheer size of its Bitcoin position.
At the same time, a number of market commentators continue to support MicroStrategy’s approach and Saylor’s long-term thesis. They note that the company’s premium valuation reflects investors’ trust in a management team capable of mobilizing global capital and executing large BTC purchases more efficiently than individual market participants.
Schiff’s Criticism Aligns With His Longstanding Warnings on Leverage
Schiff’s remarks build on his earlier concerns about speculative strategies involving borrowed capital. He has repeatedly argued that heavily leveraged Bitcoin positions could become vulnerable during periods of market stress, potentially triggering wider sell-offs.
MicroStrategy’s Current Holdings
MicroStrategy currently holds 641,692 BTC, acquired at an average price of $74,085 per coin. Even with recent price swings, the company still sits in unrealized gains.
The firm remains one of the most notable corporate examples of an aggressive, debt-enabled Bitcoin accumulation strategy — celebrated by supporters as forward-looking, yet criticized by skeptics like Schiff as inherently risky.
Crypto Market Slump, Vanguard ETF Expansion, Mixer Crackdown & Major Token Unlocks
NEWS DIGEST – 02.12.2025
1. Crypto market slumps: BTC dips below $84,000 amid liquidity crunch & macro stress
What happened: After a rough start to December, Bitcoin dropped to nearly $84,000 before a partial rebound to the mid-$86,000 range; Ethereum and other major coins saw similar losses. Market-wide liquidations and thin liquidity contributed heavily.
Why it matters: The plunge under $85K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without renewed demand or macro tailwinds, crypto is vulnerable to further downside.
⸻
2. Mainstream adoption step: Vanguard opens platform to Bitcoin, ETH, XRP & SOL ETFs
What happened: Vanguard — one of the largest global asset managers — reversed its previous stance and allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and Solana to be listed for its brokerage clients.
Why it matters: This could widen access to crypto for tens of millions of traditional investors. If capital flows through Vanguard, institutional-style demand may return — but only if valuations stabilize. It’s a structural positive, though near-term volatility may linger.
⸻
3. Crypto-mixer shut down — Swiss & German authorities seize mixing service over money-laundering probe
What happened: Law-enforcement agencies in Switzerland and Germany shut down the mixing service Cryptomixer.io, seized servers and froze crypto worth tens of millions. The service allegedly facilitated illegal money flows.
Why it matters: This crackdown signals renewed regulatory focus on anonymity tools and illicit finance. For the crypto ecosystem, it raises compliance and on-boarding costs — especially for privacy-conscious services and users in high-regulation jurisdictions.
⸻
4. Token-unlock wave: over $70M in tokens expected to unlock first week of December
What happened: Multiple crypto projects — including Sui and several smaller tokens — are scheduled to unlock a sizeable amount (~ US$76 million worth) between Dec 1–7, releasing new supply into the market.
Why it matters: Fresh supply of tokens entering the market may add bearish pressure, especially in a stressed environment with weak demand. For small-cap and newly issued tokens, this could trigger outsized volatility or price dips.
1. Crypto market slumps: BTC dips below $84,000 amid liquidity crunch & macro stress
What happened: After a rough start to December, Bitcoin dropped to nearly $84,000 before a partial rebound to the mid-$86,000 range; Ethereum and other major coins saw similar losses. Market-wide liquidations and thin liquidity contributed heavily.
Why it matters: The plunge under $85K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without renewed demand or macro tailwinds, crypto is vulnerable to further downside.
⸻
2. Mainstream adoption step: Vanguard opens platform to Bitcoin, ETH, XRP & SOL ETFs
What happened: Vanguard — one of the largest global asset managers — reversed its previous stance and allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and Solana to be listed for its brokerage clients.
Why it matters: This could widen access to crypto for tens of millions of traditional investors. If capital flows through Vanguard, institutional-style demand may return — but only if valuations stabilize. It’s a structural positive, though near-term volatility may linger.
⸻
3. Crypto-mixer shut down — Swiss & German authorities seize mixing service over money-laundering probe
What happened: Law-enforcement agencies in Switzerland and Germany shut down the mixing service Cryptomixer.io, seized servers and froze crypto worth tens of millions. The service allegedly facilitated illegal money flows.
Why it matters: This crackdown signals renewed regulatory focus on anonymity tools and illicit finance. For the crypto ecosystem, it raises compliance and on-boarding costs — especially for privacy-conscious services and users in high-regulation jurisdictions.
⸻
4. Token-unlock wave: over $70M in tokens expected to unlock first week of December
What happened: Multiple crypto projects — including Sui and several smaller tokens — are scheduled to unlock a sizeable amount (~ US$76 million worth) between Dec 1–7, releasing new supply into the market.
Why it matters: Fresh supply of tokens entering the market may add bearish pressure, especially in a stressed environment with weak demand. For small-cap and newly issued tokens, this could trigger outsized volatility or price dips.
Crypto Market Slump, Vanguard ETF Expansion, Mixer Crackdown & Major Token Unlocks
NEWS DIGEST – 02.12.2025
What happened: After a rough start to December, Bitcoin dropped to nearly $84,000 before a partial rebound to the mid-$86,000 range; Ethereum and other major coins saw similar losses. Market-wide liquidations and thin liquidity contributed heavily.
Why it matters: The plunge under $85K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without renewed demand or macro tailwinds, crypto is vulnerable to further downside.
⸻
2. Mainstream adoption step: Vanguard opens platform to Bitcoin, ETH, XRP & SOL ETFs
What happened: Vanguard — one of the largest global asset managers — reversed its previous stance and allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and Solana to be listed for its brokerage clients.
Why it matters: This could widen access to crypto for tens of millions of traditional investors. If capital flows through Vanguard, institutional-style demand may return — but only if valuations stabilize. It’s a structural positive, though near-term volatility may linger.
⸻
3. Crypto-mixer shut down — Swiss & German authorities seize mixing service over money-laundering probe
What happened: Law-enforcement agencies in Switzerland and Germany shut down the mixing service Cryptomixer.io, seized servers and froze crypto worth tens of millions. The service allegedly facilitated illegal money flows.
Why it matters: This crackdown signals renewed regulatory focus on anonymity tools and illicit finance. For the crypto ecosystem, it raises compliance and on-boarding costs — especially for privacy-conscious services and users in high-regulation jurisdictions.
⸻
4. Token-unlock wave: over $70M in tokens expected to unlock first week of December
What happened: Multiple crypto projects — including Sui and several smaller tokens — are scheduled to unlock a sizeable amount (~ US$76 million worth) between Dec 1–7, releasing new supply into the market.
Why it matters: Fresh supply of tokens entering the market may add bearish pressure, especially in a stressed environment with weak demand. For small-cap and newly issued tokens, this could trigger outsized volatility or price dips.
What happened: After a rough start to December, Bitcoin dropped to nearly $84,000 before a partial rebound to the mid-$86,000 range; Ethereum and other major coins saw similar losses. Market-wide liquidations and thin liquidity contributed heavily.
Why it matters: The plunge under $85K confirms how fragile sentiment and liquidity remain. In such conditions, even moderate selling can trigger outsized moves. Without renewed demand or macro tailwinds, crypto is vulnerable to further downside.
⸻
2. Mainstream adoption step: Vanguard opens platform to Bitcoin, ETH, XRP & SOL ETFs
What happened: Vanguard — one of the largest global asset managers — reversed its previous stance and allowed U.S. ETF products based on Bitcoin, Ethereum, XRP and Solana to be listed for its brokerage clients.
Why it matters: This could widen access to crypto for tens of millions of traditional investors. If capital flows through Vanguard, institutional-style demand may return — but only if valuations stabilize. It’s a structural positive, though near-term volatility may linger.
⸻
3. Crypto-mixer shut down — Swiss & German authorities seize mixing service over money-laundering probe
What happened: Law-enforcement agencies in Switzerland and Germany shut down the mixing service Cryptomixer.io, seized servers and froze crypto worth tens of millions. The service allegedly facilitated illegal money flows.
Why it matters: This crackdown signals renewed regulatory focus on anonymity tools and illicit finance. For the crypto ecosystem, it raises compliance and on-boarding costs — especially for privacy-conscious services and users in high-regulation jurisdictions.
⸻
4. Token-unlock wave: over $70M in tokens expected to unlock first week of December
What happened: Multiple crypto projects — including Sui and several smaller tokens — are scheduled to unlock a sizeable amount (~ US$76 million worth) between Dec 1–7, releasing new supply into the market.
Why it matters: Fresh supply of tokens entering the market may add bearish pressure, especially in a stressed environment with weak demand. For small-cap and newly issued tokens, this could trigger outsized volatility or price dips.
Gamma Prime’s Tokenized Capital Summit in Abu Dhabi Highlights Its Marketplace for Uncorrelated S...
Gamma Prime, a marketplace for private investments focused on hard-to-access, non-correlated yield, is set to host the Tokenized Capital Summit 2025 in Abu Dhabi on December 9. The event is expected to welcome over 2,500 attendees, including decision-makers from family offices, investment firms, and other institutional capital vehicles.
With a speaker lineup that includes Reeve Collins, Bryan Pelegrino, Charles Hoskinson, Yat Siu as well as senior leaders from 21Shares, Galaxy Ventures, Spartan Capital, Crypto.com, HashKey, Revolut, and Founder of Sandbox, collectively representing over $15B in AUM – the Tokenized Capital Summit 2025 Abu Dhabi is set to be one of the most influential industry gatherings of the year.
Gamma Prime’s Product
Gamma Prime operates a fully compliant and secure marketplace for private investments, designed to open access to opportunities that are traditionally hard to reach. The platform focuses on non-correlated yield, giving investors a practical way to diversify portfolios beyond public markets.
By following regulatory standards across multiple jurisdictions, Gamma Prime is shaping itself into a global marketplace for hedge funds, venture capital, private equity, and other illiquid private assets. This model allows funds to connect with new institutional partners, family offices, and accredited investors worldwide while broadening the range of opportunities available to participants.
The company’s leadership team includes DeFi builders, professionals from traditional finance, and Stanford PhDs, combining strong experience in blockchain innovation with institutional-grade governance and operational discipline.
Bringing Traditional Markets and Tokenization Together
The Tokenized Capital Summit represents an important moment for the institutional crypto industry. It brings traditional market participants and tokenization leaders together in one place, helping both sides understand how the market is changing.
Through this event, Gamma Prime shows its commitment to providing secure and compliant access to private markets. Tokenized Capital Summit 2025 in Abu Dhabi on December 9th also demonstrates how institutional investors, family offices, and Web3 companies are beginning to work together to shape the next stage of the financial industry.
About Gamma Prime
Gamma Prime is a marketplace for private investments, offering investors streamlined access to hard-to-find, non-correlated yield and enabling funds to expand their reach globally. Fully regulatory compliant and built with institutional security standards, Gamma Prime is positioned to become the leading global platform for hedge funds, venture capital, private equity, and other illiquid private investment opportunities. The company was founded by a team of DeFi pioneers, traditional finance professionals, and Stanford PhDs.
With a speaker lineup that includes Reeve Collins, Bryan Pelegrino, Charles Hoskinson, Yat Siu as well as senior leaders from 21Shares, Galaxy Ventures, Spartan Capital, Crypto.com, HashKey, Revolut, and Founder of Sandbox, collectively representing over $15B in AUM – the Tokenized Capital Summit 2025 Abu Dhabi is set to be one of the most influential industry gatherings of the year.
Gamma Prime’s Product
Gamma Prime operates a fully compliant and secure marketplace for private investments, designed to open access to opportunities that are traditionally hard to reach. The platform focuses on non-correlated yield, giving investors a practical way to diversify portfolios beyond public markets.
By following regulatory standards across multiple jurisdictions, Gamma Prime is shaping itself into a global marketplace for hedge funds, venture capital, private equity, and other illiquid private assets. This model allows funds to connect with new institutional partners, family offices, and accredited investors worldwide while broadening the range of opportunities available to participants.
The company’s leadership team includes DeFi builders, professionals from traditional finance, and Stanford PhDs, combining strong experience in blockchain innovation with institutional-grade governance and operational discipline.
Bringing Traditional Markets and Tokenization Together
The Tokenized Capital Summit represents an important moment for the institutional crypto industry. It brings traditional market participants and tokenization leaders together in one place, helping both sides understand how the market is changing.
Through this event, Gamma Prime shows its commitment to providing secure and compliant access to private markets. Tokenized Capital Summit 2025 in Abu Dhabi on December 9th also demonstrates how institutional investors, family offices, and Web3 companies are beginning to work together to shape the next stage of the financial industry.
About Gamma Prime
Gamma Prime is a marketplace for private investments, offering investors streamlined access to hard-to-find, non-correlated yield and enabling funds to expand their reach globally. Fully regulatory compliant and built with institutional security standards, Gamma Prime is positioned to become the leading global platform for hedge funds, venture capital, private equity, and other illiquid private investment opportunities. The company was founded by a team of DeFi pioneers, traditional finance professionals, and Stanford PhDs.
Gamma Prime’s Tokenized Capital Summit in Abu Dhabi Highlights its Marketplace for Uncorrelated S...
Gamma Prime, a marketplace for private investments focused on hard-to-access, non-correlated yield, is set to host the Tokenized Capital Summit 2025 in Abu Dhabi on December 9. The event is expected to welcome over 2,500 attendees, including decision-makers from family offices, investment firms, and other institutional capital vehicles.
With a speaker lineup that includes Reeve Collins, Bryan Pelegrino, Charles Hoskinson, Yat Siu as well as senior leaders from 21Shares, Galaxy Ventures, Spartan Capital, Crypto.com, HashKey, Revolut, and Founder of Sandbox, collectively representing over $15B in AUM – the Tokenized Capital Summit 2025 Abu Dhabi is set to be one of the most influential industry gatherings of the year.
Gamma Prime’s Product
Gamma Prime operates a fully compliant and secure marketplace for private investments, designed to open access to opportunities that are traditionally hard to reach. The platform focuses on non-correlated yield, giving investors a practical way to diversify portfolios beyond public markets.
By following regulatory standards across multiple jurisdictions, Gamma Prime is shaping itself into a global marketplace for hedge funds, venture capital, private equity, and other illiquid private assets. This model allows funds to connect with new institutional partners, family offices, and accredited investors worldwide while broadening the range of opportunities available to participants.
The company’s leadership team includes DeFi builders, professionals from traditional finance, and Stanford PhDs, combining strong experience in blockchain innovation with institutional-grade governance and operational discipline.
Bringing Traditional Markets and Tokenization Together
The Tokenized Capital Summit represents an important moment for the institutional crypto industry. It brings traditional market participants and tokenization leaders together in one place, helping both sides understand how the market is changing.
Through this event, Gamma Prime shows its commitment to providing secure and compliant access to private markets. Tokenized Capital Summit 2025 in Abu Dhabi on December 9th also demonstrates how institutional investors, family offices, and Web3 companies are beginning to work together to shape the next stage of the financial industry.
About Gamma Prime
Gamma Prime is a marketplace for private investments, offering investors streamlined access to hard-to-find, non-correlated yield and enabling funds to expand their reach globally. Fully regulatory compliant and built with institutional security standards, Gamma Prime is positioned to become the leading global platform for hedge funds, venture capital, private equity, and other illiquid private investment opportunities. The company was founded by a team of DeFi pioneers, traditional finance professionals, and Stanford PhDs.
With a speaker lineup that includes Reeve Collins, Bryan Pelegrino, Charles Hoskinson, Yat Siu as well as senior leaders from 21Shares, Galaxy Ventures, Spartan Capital, Crypto.com, HashKey, Revolut, and Founder of Sandbox, collectively representing over $15B in AUM – the Tokenized Capital Summit 2025 Abu Dhabi is set to be one of the most influential industry gatherings of the year.
Gamma Prime’s Product
Gamma Prime operates a fully compliant and secure marketplace for private investments, designed to open access to opportunities that are traditionally hard to reach. The platform focuses on non-correlated yield, giving investors a practical way to diversify portfolios beyond public markets.
By following regulatory standards across multiple jurisdictions, Gamma Prime is shaping itself into a global marketplace for hedge funds, venture capital, private equity, and other illiquid private assets. This model allows funds to connect with new institutional partners, family offices, and accredited investors worldwide while broadening the range of opportunities available to participants.
The company’s leadership team includes DeFi builders, professionals from traditional finance, and Stanford PhDs, combining strong experience in blockchain innovation with institutional-grade governance and operational discipline.
Bringing Traditional Markets and Tokenization Together
The Tokenized Capital Summit represents an important moment for the institutional crypto industry. It brings traditional market participants and tokenization leaders together in one place, helping both sides understand how the market is changing.
Through this event, Gamma Prime shows its commitment to providing secure and compliant access to private markets. Tokenized Capital Summit 2025 in Abu Dhabi on December 9th also demonstrates how institutional investors, family offices, and Web3 companies are beginning to work together to shape the next stage of the financial industry.
About Gamma Prime
Gamma Prime is a marketplace for private investments, offering investors streamlined access to hard-to-find, non-correlated yield and enabling funds to expand their reach globally. Fully regulatory compliant and built with institutional security standards, Gamma Prime is positioned to become the leading global platform for hedge funds, venture capital, private equity, and other illiquid private investment opportunities. The company was founded by a team of DeFi pioneers, traditional finance professionals, and Stanford PhDs.
Telegram Launched Cocoon, Its Decentralized Network on TON
Telegram has launched Cocoon, a decentralized confidential compute network built on the TON blockchain. Pavel Durov announced the launch in his Telegram channel on Sunday, stating that the system has begun processing the first AI queries from users with full privacy.
Durov emphasized that Cocoon already operates live, adding:
“GPU owners are already earning TON. https://cocoon.org is up, with docs and the source code.”
In his announcement, Durov criticized traditional cloud providers such as Amazon and Microsoft, saying they act as costly intermediaries that reduce privacy. He argued that Cocoon eliminates both issues by decentralizing compute power and adding a confidentiality layer.
“Now we scale. Over the next few weeks, we’ll be onboarding more GPU supply and bringing in more developer demand to Cocoon. Telegram users can expect new AI-related features built on 100% confidentiality. Cocoon will bring control and privacy back where they belong — with users.”
What Is Cocoon?
Cocoon is a decentralized AI inference network operating on TON. Its goal is to bridge GPU owners who want to supply computing power with developers who need to run AI models in a private environment.
The platform creates a verifiable, confidential compute layer for GPU providers, while giving developers an on-chain settlement system for executing model requests.
How the Network Works
According to the Cocoon website, the network operates on four core principles: GPU owners “mine” TON by supplying compute power, developers gain access to lower-cost AI processing, users receive AI outputs with full confidentiality, and Telegram drives demand for Cocoon-based features. All payments within the system are settled in TON.
Despite the scale of the announcement, TON did not show strength following the news. The token moved down with the market and failed to demonstrate a positive reaction.
Durov emphasized that Cocoon already operates live, adding:
“GPU owners are already earning TON. https://cocoon.org is up, with docs and the source code.”
In his announcement, Durov criticized traditional cloud providers such as Amazon and Microsoft, saying they act as costly intermediaries that reduce privacy. He argued that Cocoon eliminates both issues by decentralizing compute power and adding a confidentiality layer.
“Now we scale. Over the next few weeks, we’ll be onboarding more GPU supply and bringing in more developer demand to Cocoon. Telegram users can expect new AI-related features built on 100% confidentiality. Cocoon will bring control and privacy back where they belong — with users.”
What Is Cocoon?
Cocoon is a decentralized AI inference network operating on TON. Its goal is to bridge GPU owners who want to supply computing power with developers who need to run AI models in a private environment.
The platform creates a verifiable, confidential compute layer for GPU providers, while giving developers an on-chain settlement system for executing model requests.
How the Network Works
According to the Cocoon website, the network operates on four core principles: GPU owners “mine” TON by supplying compute power, developers gain access to lower-cost AI processing, users receive AI outputs with full confidentiality, and Telegram drives demand for Cocoon-based features. All payments within the system are settled in TON.
Despite the scale of the announcement, TON did not show strength following the news. The token moved down with the market and failed to demonstrate a positive reaction.
Telegram Launched Cocoon, Its Decentralized Network on TON
Telegram has launched Cocoon, a decentralized confidential compute network built on the TON blockchain. Pavel Durov announced the launch in his Telegram channel on Sunday, stating that the system has begun processing the first AI queries from users with full privacy.
Durov emphasized that Cocoon already operates live, adding:
“GPU owners are already earning TON. https://cocoon.org is up, with docs and the source code.”
In his announcement, Durov criticized traditional cloud providers such as Amazon and Microsoft, saying they act as costly intermediaries that reduce privacy. He argued that Cocoon eliminates both issues by decentralizing compute power and adding a confidentiality layer.
“Now we scale. Over the next few weeks, we’ll be onboarding more GPU supply and bringing in more developer demand to Cocoon. Telegram users can expect new AI-related features built on 100% confidentiality. Cocoon will bring control and privacy back where they belong — with users.”
What Is Cocoon?
Cocoon is a decentralized AI inference network operating on TON. Its goal is to bridge GPU owners who want to supply computing power with developers who need to run AI models in a private environment.
The platform creates a verifiable, confidential compute layer for GPU providers, while giving developers an on-chain settlement system for executing model requests.
How the Network Works
According to the Cocoon website, the network operates on four core principles: GPU owners “mine” TON by supplying compute power, developers gain access to lower-cost AI processing, users receive AI outputs with full confidentiality, and Telegram drives demand for Cocoon-based features. All payments within the system are settled in TON.
Despite the scale of the announcement, TON did not show strength following the news. The token moved down with the market and failed to demonstrate a positive reaction.
Durov emphasized that Cocoon already operates live, adding:
“GPU owners are already earning TON. https://cocoon.org is up, with docs and the source code.”
In his announcement, Durov criticized traditional cloud providers such as Amazon and Microsoft, saying they act as costly intermediaries that reduce privacy. He argued that Cocoon eliminates both issues by decentralizing compute power and adding a confidentiality layer.
“Now we scale. Over the next few weeks, we’ll be onboarding more GPU supply and bringing in more developer demand to Cocoon. Telegram users can expect new AI-related features built on 100% confidentiality. Cocoon will bring control and privacy back where they belong — with users.”
What Is Cocoon?
Cocoon is a decentralized AI inference network operating on TON. Its goal is to bridge GPU owners who want to supply computing power with developers who need to run AI models in a private environment.
The platform creates a verifiable, confidential compute layer for GPU providers, while giving developers an on-chain settlement system for executing model requests.
How the Network Works
According to the Cocoon website, the network operates on four core principles: GPU owners “mine” TON by supplying compute power, developers gain access to lower-cost AI processing, users receive AI outputs with full confidentiality, and Telegram drives demand for Cocoon-based features. All payments within the system are settled in TON.
Despite the scale of the announcement, TON did not show strength following the news. The token moved down with the market and failed to demonstrate a positive reaction.
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