Bitcoin mining profitability plunged to record lows in late 2025 as the hash rate dropped below $35 per petahash per second, while production costs rose to $44.8 per petahash. This forced miners into payback periods over 1,200 days and drove a major industry shift, with 70% of top mining companies now earning revenue from artificial intelligence infrastructure.

November 2025 marked a turning point for the global Bitcoin mining industry. A confluence of collapsing margins, regulatory pressure, and strategic pivots reshaped the sector’s landscape. Here are the five key trends that defined the month.

Profitability Hits Historic Lows

Network hashrate surged to a record 1.1 ZH/s in October, intensifying competition. Meanwhile, Bitcoin prices dropped to around $81,000, crushing margins across the industry. Machine payback periods have stretched beyond 1,200 days.

MARA CEO Fred Thiel issued a stark warning about the industry’s future. After the 2028 halving reduces block rewards to roughly 1.5 BTC, most business models will collapse. Only miners with access to cheap energy or successful AI pivots will survive, he said.

Financing costs continue to rise as traditional mining revenue shrinks. Even companies transitioning to AI cannot yet offset the decline in Bitcoin income. The squeeze is forcing urgent strategic decisions across the sector.

AI Pivot Accelerates

Seven of the top ten mining companies now generate revenue from artificial intelligence. AI hosting yields already exceed traditional mining returns by roughly 50% per megawatt. The shift is reshaping how the industry measures success.

Bitfarms announced it will phase out Bitcoin mining entirely within two years. Its Washington State facility will be converted into an HPC data center by December 2026. CEO Ben Gagnon said potential returns could surpass all previous mining income.

IREN secured a landmark $9.7 billion, five-year GPU cloud computing agreement with Microsoft. The deal includes a 20% upfront payment. IREN will deploy NVIDIA GB300 GPUs at its Texas facility starting in 2026.

Hut 8 sold four Canadian natural gas power plants totaling 310 MW to TransAlta. The move aligns with its strategic shift toward Bitcoin mining plus HPC infrastructure. CleanSpark aims to become a comprehensive compute platform serving both AI and BTC.

Massive Capital Restructuring

A wave of convertible note issuances is sweeping the industry. CleanSpark raised $1.15 billion at 0% interest. TeraWulf completed a $1.025 billion offering, also at zero percent.

Cipher Mining issued $1.4 billion in senior secured notes at 7.125% yield. IREN plans to raise $2 billion through two separate convertible bond offerings. Bitfarms completed a $588 million convertible debt issuance.

Equipment commitments are equally massive. IREN signed a $5.8 billion agreement with Dell to procure NVIDIA GB300 GPUs. Cipher expanded its Fluidstack agreement, with Google providing $1.73 billion in guarantees.

Canaan secured a $72 million strategic investment from BH Digital, Galaxy Digital, and Weiss Asset Management. The funds will support high-performance computing and the development of energy infrastructure. The company aims to reduce future financing dilution.

Regulatory Polarization

Malaysia has uncovered approximately 14,000 illegal mining operations over the past five years. Stolen electricity has caused roughly $1.1 billion in damage to the state utility TNB. A government task force was established in November to intensify crackdowns.

Russia is deploying AI technology to combat illegal mining. State grid operator Rosseti embeds AI analytics into smart meters to detect power anomalies. One recent bust involved $1.5 million in stolen electricity.

Yet some governments are embracing mining. Japan launched its first government-linked project through a major regional utility. Canaan will deploy water-cooled Avalon miners for grid load balancing by year-end.

Belarusian President Lukashenko declared cryptocurrency mining a national priority for electricity usage. He suggested that crypto could serve as an alternative to reliance on the dollar. About 60% of Russian miners remain unregistered, prompting discussions of an amnesty.

Strategic BTC Accumulation

Leading miners are stockpiling Bitcoin rather than selling into the market. MARA holds 53,250 BTC valued at approximately $5.6 billion. The company ranks second globally in public Bitcoin reserves.

CleanSpark reported total holdings of 13,054 BTC as of November 30. Monthly production reached 587 BTC in November alone—year-to-date mining output totals 7,124 BTC.

Cango holds 6,412 BTC with an explicit commitment to long-term holding. Bitdeer increased its reserves to 2,233 BTC after mining 511 BTC in October. Canaan reached a record 1,610 BTC and 3,950 ETH.

The accumulation strategy signals confidence in Bitcoin’s long-term value. Miners are betting that surviving the current profitability crisis will prove rewarding. Those who hold through the squeeze may emerge as the biggest winners.

The post November Profit Crisis: 70% of Top Miners Pivot to $20B AI Market appeared first on BeInCrypto.

Central banks purchased a net 53 tonnes of gold in October 2025, a 36% month-over-month surge that brought the monthly total to the highest of the year.

This aggressive gold accumulation reflects growing concerns over macroeconomic uncertainty and a strategic shift away from traditional dollar-denominated assets.

Record Gold Purchases Signal Strategic Shift

According to World Gold Council data, central banks purchased a net 53 tonnes of gold in October alone—the highest monthly demand this year—led by Poland, Brazil, and emerging market economies.

Central banks acquired 254 tonnes year-to-date through October, making 2025 the fourth-highest year for gold accumulation this century. This trend highlights concerns about economic stability and currency diversification.

The National Bank of Poland led the activity, buying 16 tonnes in October. This brought Poland’s reserves to a record 531 tonnes, or about 26% of its total foreign exchange reserves. Brazil also bought 16 tonnes, while Uzbekistan added 9 tonnes and Indonesia acquired 4 tonnes. Turkey, the Czech Republic, and the Kyrgyz Republic expanded by 2 to 3 tonnes each. Meanwhile, Ghana, China, Kazakhstan, and the Philippines increased holdings, and Russia reduced its reserves by 3 tonnes to 2,327 tonnes.

Central banks are ramping up gold purchases:

Global central banks purchased +53 tonnes of gold in October, the most since November 2024.

This marks a +194% jump compared to July, and the 3rd-straight monthly acceleration.

In the first 10 months of the year, central banks have… pic.twitter.com/7pZWyEjjvf

— The Kobeissi Letter (@KobeissiLetter) December 4, 2025

95% of surveyed central banks expect reserves to climb next year. Serbia plans to nearly double its gold reserves to 100 tonnes by 2030, while Madagascar and South Korea are considering similar expansion. The sustained demand remains despite high gold prices, emphasizing gold’s strategic importance in uncertain times.

United States Establishes Bitcoin as National Reserve Asset

The trend is now spilling over into digital assets. As sovereign institutions diversify their reserves, Bitcoin is increasingly entering the conversation as a potential complement to gold.

In the United States, Senator Cynthia Lummis stated that funding for the Strategic Bitcoin Reserve “can start anytime,” citing President Trump’s executive order designating Bitcoin as a national reserve asset. The Treasury currently manages approximately 200,000 BTC—worth roughly $17 billion—under a budget-neutral framework using seized assets.

The House’s 2026 appropriations bill requires a 90-day Treasury study on custody, standards, and AI for sanctions enforcement. It also bans funds for a central bank digital currency. No further Bitcoin purchases are mandated beyond seized assets, leaving future reserve growth open for debate.

VanEck’s economic modeling projects that acquiring one million Bitcoin by 2029 could offset about 18% of the US national debt by 2049. CoinShares analysts suggest the reserve could strengthen technological leadership and offer inflation protection. Chainalysis economists, however, warn that simultaneous accumulation by many nations could affect market stability.

States and Nations Race to Build Bitcoin Reserves

Texas has already taken action. On November 20, it became the first US state to purchase Bitcoin for its treasury, acquiring $10 million through BlackRock’s spot Bitcoin ETF when prices briefly dipped to $87,000. The move signals a growing appetite among state governments to treat Bitcoin as a strategic asset.

The momentum is not limited to America. Taiwan’s legislature has urged the government to audit its Bitcoin holdings and consider adding cryptocurrency to its strategic reserves, with Premier Cho Jung-tai pledging a detailed report by year-end. Lawmakers cited concerns about the island’s heavy reliance on U.S. dollar assets, which account for over 90% of its $602.94 billion in foreign reserves.

Deutsche Bank analysts project that Bitcoin could appear on central bank balance sheets by 2030, coexisting with gold as a complementary hedge against inflation and geopolitical risk. As nations race to secure both traditional and digital safe-haven assets, the global reserve landscape may be on the verge of a historic transformation.

The post Central Banks Are Stockpiling Gold: Bitcoin Could Be Next appeared first on BeInCrypto.

Peter Schiff engaged in a debate with CZ at Binance Blockchain Week after challenging Bitcoin’s legitimacy as a generator of real economic value. 

Speaking on stage opposite Changpeng Zhao (CZ), Schiff argued that Bitcoin is a zero-sum wealth transfer rather than a productive asset.

Here is Schiff’s full statement as delivered during the debate:

“All Bitcoin does is enable a transfer of wealth from people who buy BTC to the people who sell it. When Bitcoin is created, there’s no real wealth. We have about 20 million Bitcoin now that we didn’t have 15 years ago. But we’re no better off because that BTC exists. They don’t actually do anything. But what has happened is that some people have been enriched at the expense of other people. Now, the people who have lost a lot of money in Bitcoin don’t even realize they lost it yet, because they still have the BTC, and the token still has a $90-$92,000 price, or whatever the price point is in the current market. So, they don’t realize they have lost the money. But if they try to get out, that’s when they’re gonna realize it’s lost.”

“Bitcoin Enables Transfer of Wealth From Buyers to Sellers”

This is true to the extent that any freely traded asset, such as equities, gold, land, fine art, also transfers wealth between participants depending on entry price, exit price, and market conditions.

But Schiff implies that this transfer is zero-sum. That’s inaccurate. Bitcoin’s network itself generates utility, which is distinct from price. 

Bitcoin today powers cross-border settlement, functions as a censorship-resistant store of value, and serves as collateral across financial platforms.

BINANCE FOUNDER CZ JUST DESTROYED GOLD BUG PETER SCHIFF IN 30 SECONDS

THIS IS A MUST WATCH!! pic.twitter.com/SWbTITjbXw

— Vivek Sen (@Vivek4real_) December 4, 2025

Value is generated through capability, not just material form. A global network that moves capital instantly without banks or intermediaries is a new economic function. That is wealth creation by definition.

If Bitcoin merely redistributed value, it would not underpin payment channels, custody platforms, or multi-billion-dollar remittance rails. 

A zero-sum asset does not attract corporate treasuries, institutional ETFs, or nation-state adoption.

“No Real Wealth Was Created by the Addition of 20 Million Bitcoin”

Wealth does not rely on physical substance. It relies on demand, utility, consensus, and the ability to preserve or transfer value.

Schiff’s logic could be applied historically to:

• Government-issued fiat (created by declaration, yet accepted globally).
  
• Internet domain names (non-physical, yet multi-million-dollar assets).
  
• Software and cloud infrastructure (intangible, yet critical to global GDP).

By that standard, software, internet DNS space, AI models, and even fiat money would also fail to qualify as wealth. Yet these intangible systems power most of today’s economy.

Bitcoin created something that did not exist in monetary history: a bearer asset that moves like data, settles without intermediaries, and is mathematically verifiable. 

That feature is comparable to gold digitization but without storage, transport, or assay friction.

Wealth was created because new capabilities emerged.

“People Only Don’t Know They Lost Money Because Price is Still High”

This rests on the assumption that Bitcoin will collapse. It could — but it is not a fact, it is a projection.

If Bitcoin remains in demand globally, scarcity and network growth sustain value. 

If adoption grows further — as has occurred across ETFs, corporate treasuries, and sovereign custody — then Schiff’s prediction weakens.

His view equates unrealized gains with illusions. But:

• If someone holds Bitcoin for 10 years and later sells at a higher price, wealth is realized.
  
• If Bitcoin becomes widely transacted and integrated into the monetary infrastructure, the asset functions beyond speculation.

His thesis only holds if Bitcoin fails as a monetary network. And more than a decade of growth suggests the opposite direction.

Conclusion

Peter Schiff’s comments captured headlines and sparked discussion, but his reasoning overlooks key economic realities. 

Bitcoin is not merely a wealth transfer. It is a functioning global monetary network with attributes that no traditional asset class replicates. 

The argument that it “creates no wealth” relies on outdated assumptions about where value originates.

The post Peter Schiff’s Bitcoin Comment at CZ Debate Is Logically Flawed appeared first on BeInCrypto.

XRP has gained 10% since the beginning of December. The rise aligns with the broader market recovery. Many XRP holders expect the price to rise further, but they should also be aware of several concerning factors.

These factors may limit XRP’s ability to recover this month. The following analysis breaks them down.

Factors That Could Create New Selling Pressure on XRP in December

CryptoQuant data shows a sharp spike in XRP Ledger Velocity. It has reached the highest level of the year.

This metric measures the frequency with which assets are transferred across the network. A strong increase suggests that XRP is not being locked in cold wallets or held for long-term purposes. Instead, it is being traded rapidly among market participants.

CryptoOnchain, an analyst at CryptoQuant, explains that this surge often signals high liquidity and strong participation from traders. It may even involve large transactions from market “whales.”

The indicator itself is neutral, but sudden spikes often lead to significant price fluctuations. As a result, any negative catalyst at this time could push XRP back down and erase the early-month recovery.

Negative signals are already emerging. The first is a surge in short positions. This rise has created heavy selling pressure in the derivatives segment.

Funding rates remain mostly negative, indicating that short positions are dominant. It reflects increasingly bearish sentiment among traders. Historical data also shows that a deep negative funding rate in April coincided with XRP dropping below $2.

“As more traders pile into shorts in the derivatives market, the continuation of the trend becomes more likely, since the persistent short pressure keeps the appetite for opening long positions low. Under these conditions, the probability of price retesting the $2.0–$1.9 zone increases,” analyst PelinayPA predicts.

Overall, the early-December rebound is not strong enough to reverse the broader downtrend that has persisted since July. PelinayPA’s view remains reasonable under current conditions.

Selling pressure may also come from Korean investors. CryptoQuant reports that XRP balances on Upbit stand at 6.18 billion, compared to 2.6 billion on Binance. The influence of Korean traders cannot be ignored.

XRP reserves on Upbit have increased steadily for three consecutive months. They are now at the highest level of 2025. This trend could create potential selling pressure for XRP in December.

If Korean investors sell, combined with bearish signals from the derivatives market and rising Velocity, XRP’s price may face further downside.

However, XRP ETFs currently serve as the strongest counterweight to potential selling pressure. Data shows that these ETFs have maintained positive net inflows for three straight weeks. Vanguard has also ended its multi-year crypto ban and will allow XRP ETF trading in December.

The post What Challenges Are Hindering XRP’s Early December Recovery? appeared first on BeInCrypto.

Ethereum just completed the Fusaka upgrade, a hard fork designed to prepare the network for larger scale and cheaper use. While technical on paper, the change touches the core functions of Ethereum — how data is stored, how transactions fit into blocks, and how Rollups like Arbitrum, Base, and Optimism interact with the main chain. 

For anyone holding ETH, this upgrade forms the groundwork for lower fees, better network efficiency, and a more resilient long-term ecosystem.

A Larger Network With More Room to Breathe

The biggest change arrived in how Ethereum handles data. 

Every transaction, NFT mint, DeFi swap, or Layer-2 batch needs block space, and until now, that space was limited. Fusaka increases Ethereum’s capacity so blocks can carry more information at once. 

Missed the Fusaka network upgrade?
13 Ethereum Improvement Proposals (EIPs) are now live on Mainnet.

Here’s Fusaka in 35 seconds. pic.twitter.com/DlUh1ATA55

— Ethereum (@ethereum) December 4, 2025

This does not make the chain instantly faster, but it removes pressure when demand spikes, such as during market volatility or popular token launches. 

In simple terms, Ethereum can absorb more activity without struggling.

Cheaper Rollups Through Expanded Blob Capacity

A large portion of today’s Ethereum traffic comes from Rollups. These networks batch thousands of user transactions and settle them on Ethereum as compressed data called “blobs.” 

Before Fusaka, blob space was constrained. When demand surged, fees climbed. Fusaka expands the room available for blob submissions and introduces a flexible system for raising or lowering capacity without a full upgrade. 

As rollups scale into this new space, users should experience lower transaction costs and smoother application activity. 

The end goal is simple: more transactions, less friction.

PeerDAS: A Simpler Way to Verify Data

Another major improvement is how Ethereum nodes verify data. Previously, nodes had to download large sections of block data to confirm that nothing was missing or hidden. 

Fusaka introduces PeerDAS, a system that checks small, random pieces of data rather than the entire load. 

It works like inspecting a warehouse by opening a few random boxes instead of checking every single one. 

PeerDAS in Fusaka is significant because it literally is sharding.

Ethereum is coming to consensus on blocks without requiring any single node to see more than a tiny fraction of the data. And this is robust to 51% attacks – it's client-side probabilistic verification, not… pic.twitter.com/OK81xBteER

— vitalik.eth (@VitalikButerin) December 3, 2025

This reduces bandwidth and storage requirements for validators and node operators, making it easier — and cheaper — for more people to run infrastructure. 

A wider validator base strengthens decentralization, which ultimately strengthens Ethereum’s security and resilience.

Higher Block Capacity Means More Throughput

Alongside scaling capacity, Fusaka also raises the block gas limit. A higher limit means more work can fit inside each block, allowing more transactions and smart-contract calls to settle without delay. 

It doesn’t increase block speed, but it increases throughput. DeFi activity, NFT auctions, and high-frequency trading will have more room to breathe in peak hours.

Better Wallet Support and Future UX Improvements

Fusaka also includes improvements to Ethereum’s cryptography and virtual machine. The upgrade adds support for P-256 signatures, which are used in modern authentication systems, including those behind password-less login on smartphones and biometric devices. 

This opens a path for future wallets that act more like Apple Pay or Google Passkeys rather than seed-phrase-based apps. Over time, this could make Ethereum access simpler for mainstream users.

Ethereum is about to 10x the wallet UX.

The Fusaka upgrade includes EIP-7951 – support for the signature scheme that the iPhones use to power things like Face ID.

Meaning you'll soon be able to sign transactions with your face.

Huge win for bringing normal people on-chain. pic.twitter.com/7Ad38m4Oxz

— Jarrod Watts (@jarrodwatts) November 27, 2025

What Fusaka Means for ETH Holders

The impact for ETH holders is gradual but meaningful. Fees on Layer-2 networks should ease as data capacity expands. Network congestion should become less common. More validators can participate due to lower hardware demands. 

Most importantly, Ethereum now has room to grow without sacrificing security or decentralization. If adoption increases, settlement volume grows with it — and so does ETH’s role as the asset that powers, secures, and settles everything on top.

$ETH is still consolidating around the $3,000 level.

Not much price action due to weekends, but next week could be interesting.

QT is ending on December 1st, Powell's speech is on December 1st, and the Fusaka upgrade is coming on December 3rd.

If Ethereum holds above the… pic.twitter.com/pxgmrOHyah

— Ted (@TedPillows) November 30, 2025

A Foundational Upgrade, Not a Flashy One

Fusaka does not rewrite Ethereum’s economics or make ETH suddenly deflationary, but it strengthens the foundation that future demand depends on. Cheaper rollup fees invite usage. 

A more scalable base layer invites developers. A more accessible node environment invites participation. These are structural upgrades, the kind that do little in a day but transform the network over time.

Ethereum widened the highway, improved the toll system, and made it easier for new drivers to join. That is the real meaning of Fusaka — a quiet shift with long-term weight. 

As Layer-2 networks expand and applications multiply, the effects should move from technical discussion into user experience, transaction cost, and ultimately, ETH value itself.

The post What Actually Changed with the Ethereum Fusaka Upgrade appeared first on BeInCrypto.

Build On Bitcoin (BOB), a Bitcoin Defi crypto token, delivered a dramatic surge today, printing what traders often call a “God candle” after rocketing more than 100% in a day. 

While the rally may seem compelling at first glance, a closer look at the token’s underlying fundamentals raises serious concerns that investors should not ignore.

Build On Bitcoin Presents Concerns

Across social platforms, BOB is being labeled a major “red flag” due to structural risks in its token distribution. Data from Go Plus Security reveals that the top 10 holders control more than 93% of the entire BOB supply. Such extreme concentration is often associated with manipulation risks, where a small number of wallets can dictate market direction.

Another critical issue is that 100% of BOB’s liquidity pool remains unlocked, exposing the project to potential rug-pull scenarios. When liquidity is not locked, malicious actors can drain the pool instantly, leaving retail traders with worthless tokens. These red flags align with common traits found in scam tokens, making BOB an asset that demands heavy scrutiny before entry.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Technically, BOB’s recent performance looks even more troubling. The Chaikin Money Flow (CMF) indicator shows consistent outflows for several days, signaling that capital is leaving the ecosystem despite the price spike. This divergence suggests the rally is driven mainly by hype and thin liquidity rather than genuine demand.

A 107% daily surge without supportive inflows typically points to speculative behavior that can reverse sharply. The absence of real buying pressure to sustain higher levels increases the probability of a steep correction. Momentum without capital support rarely lasts long in DeFi markets.

BOB Price Dips Sharply

BOB recently hit a new all-time high of $0.0294 during today’s surge before pulling back nearly 15%, highlighting volatility concerns. The token is holding above the $0.0238 support, but the likelihood of maintaining this level is low given the weak fundamentals and speculative nature of the rally.

If sentiment shifts and holders begin exiting, BOB could slide quickly toward $0.0195, with a deeper drop to $0.0146 possible as liquidity dries up. Such levels would erase much of the recent gains.

However, if fundamentals improve and real investor support emerges, BOB might attempt a rebound toward its $0.0294 ATH and potentially break above $0.0320. This would invalidate the bearish outlook.

The post Bitcoin DeFi Token’s 107% Rally Triggers Major Caution Alarm; Here’s Why appeared first on BeInCrypto.

In 2025, several gruesome cases showed that crypto crime has crossed from screens to streets. Private keys, wallet access, and large OTC deals triggered violence that left bodies, burnt metal, and empty balances behind.

These stories shook the digital assets space, and each revealed a terrifying reality that crypto crime now comes with guns, warehouses, and fire.

The Vienna Crypto Killing: Tortured for Wallet Passwords

Earlier in November, Vienna woke to a burning Mercedes under a rail bridge. Inside was 21-year-old Danylo K., charred beyond recognition, slumped on the back seat.

Police traced the killing back to a hotel garage in Leopoldstadt. There, Danylo was ambushed by a fellow Ukrainian student, only 19 years old, and a 45-year-old accomplice.

He was beaten, teeth knocked out, then driven across the city. His captors demanded access to his crypto wallets. They forced him to give up passwords after hours of torture.

The attackers drained his wallets and carried bundles of US dollars when caught. Investigators later found a melted can of fuel on the back seat where Danylo died.

According to reports, the victim, Danylo, had suffocated on blood and fire. His wealth lived on-chain long enough for thieves to steal it.

The suspects fled to Ukraine that night. However, they were arrested but will be tried there, not in Austria.

Montreal Abduction: A Crypto Influencer Vanishes

Last year, in Old Montreal, 25-year-old crypto influencer Kevin Mirshahi was pulled into a waiting car. Three others were kidnapped with him, then freed the next day.

Mirshahi never returned, and his body surfaced in a riverside park four months later.

The Digital Gold Rush Has A Dark Side

Kevin Mirshahi, known across Montreal’s crypto scene, was found dead at Île-de-la-Visitation park on Oct. 30, months after his June abduction.

The 25-year-old’s story isn’t an isolated case – it’s the latest in a wave of crypto-targeted… pic.twitter.com/T5inBMhSJo

— 0xMarioNawfal (@RoundtableSpace) November 15, 2024

Police charged three people, including Darius Perry and Nackael Hickey, with confinement and accessory to murder. A woman, Joanie Lepage, faces first-degree murder.

Investigators have not confirmed the motive as crypto-related. But Mirshahi ran a private token investment group and held public exposure in the space.

He built an online audience around trading and wealth, and someone used a trunk and duct tape to silence it.

$85,000 Seized in a Parking-Lot Ambush During Cash-for-Crypto Deal

In Trinidad, another crime unfolded with speed, organisation, and no chance of escape.

On November 29, a man arrived at the SuperPharm car park on Trincity Central Road. He planned to buy cryptocurrency with US$85,800 in cash, bundled inside a black bag.

A 52-year old man in Trinidad was robbed of $86,000 when he went to buy cryptocurrency from a man in a pharmacy parking lot.

Pro tip: don't bring bags of cash to randos in a parking lot.https://t.co/aLePjXX1dB

— Jameson Lopp (@lopp) December 2, 2025

Police reports confirm he met a long-time trade contact to complete the transaction. Moments after handing over the bag, two armed men approached the vehicle.

They smashed the windows and pointed guns at the occupants. The criminals then took the cash and both mobile phones and fled in a waiting car.

No crypto was ever exchanged. Authorities described it as a targeted robbery linked to OTC crypto trading.

A New Violent Era

These cases mark a shift. Crypto violence is no longer a digital heist carried out by hackers behind screens.

It is physical, and involves basements, cars, flames, hammers, and real screams. Crypto holders now live with an uncomfortable truth that keys protect tokens, but tokens do not protect lives.

The post Kidnapped, Killed, and Burned for Tokens: 3 Shocking Crypto Horror Stories appeared first on BeInCrypto.

Pump.fun is showing the first signs of a potential recovery after weeks of decline, with price action attempting to stabilize despite broader market resistance. 

The shift in investor behavior is particularly notable, as recent on-chain data reveals early indications that sentiment may finally be turning in favor of the token.

Pump.fun Native Token Notes Inflows

The Chaikin Money Flow (CMF) highlights a key development: PUMP has registered its first inflows in more than three weeks. This shift suggests investors are accumulating at lower price levels after a prolonged period of outflows. Such accumulation phases often mark the initial stage of trend reversals, especially for highly speculative assets.

Investor participation is vital for PUMP, whose rallies are historically fueled by rapid bursts of retail demand. If these inflows continue building, they could increase liquidity and reduce selling pressure.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

The Squeeze Momentum Indicator reinforces this improving sentiment. The appearance of black dots confirms that PUMP is entering a squeeze phase, a period of tightening volatility that typically precedes a breakout. More importantly, the indicator shows momentum shifting from bearish to bullish, with rising green bars suggesting an emerging upward push.

If the squeeze releases while bullish momentum dominates, PUMP could benefit from a volatility expansion favoring upside movement. Historically, such setups have been precursors to strong short-term rallies.

PUMP Price Faces Resistance

PUMP is trading at $0.003209, sitting just below a key resistance at $0.003409. Clearing this level is essential to confirm a recovery and initiate a broader rally. Failure to break this barrier would risk renewed stagnation.

Given the improving CMF readings and momentum reversal, PUMP could climb above $0.003409 in the coming days. A successful breakout could target $0.003757, with an extension to $0.004015 if bullish pressure accelerates.

However, if the pattern fails or investors pull back prematurely, PUMP may lose support and fall to $0.002783. A drop below this level would invalidate the current bullish thesis and erase recent gains.

The post PUMP Registers First Inflow In 3 Weeks: Is Price Looking At a Rally? appeared first on BeInCrypto.

XRP spot ETFs have logged 13 consecutive days of inflows, adding another $50.27 million on December 3 and bringing cumulative inflows to $874.28 million, according to SoSoValue. 

Total net assets now stand at $906.46 million, placing the category within reach of the $1 billion milestone as early as this week.

New Capital Continues to Flow Across All Issuers

Since launch, the ETFs have only recorded green days, marking one of the strongest adoption curves among newly listed digital-asset funds. 

All four funds posted gains again this session. Franklin’s XRPZ recorded $4.76 million in fresh inflows. 

Despite inflows, XRP ETF prices closed lower on the day as broader crypto markets softened. Each fund declined between 3.09% and 3.76%, showing a divergence between price performance and asset accumulation.

Still, capital movement remains firmly positive. The market has now added more than $380 million in new inflows since November 20, including major surges on November 14, November 24, and December 1.

$1 Billion in Assets Is Now a Likely Near-Term Breakpoint

XRP ETFs require less than $94 million in additional capital to reach $ 1 billion. At the current pace, that threshold could be reached in two to three sessions, assuming buying continues.

Crossing the $1 billion asset level would place XRP ETF adoption in the same league as early Ethereum ETF inflows. 

It also strengthens the argument that regulated exposure to non-Bitcoin assets is gaining institutional traction.

$XRP ETF DEMAND GOING PARABOLIC‼️

Every issuer flashing GREEN: Canary, Grayscale, Bitwise, Franklin.

Millions flowing in DAILY.
Smart money is positioning BEFORE the breakout💥 pic.twitter.com/JTj0UM25Fr

— XRP Update (@XrpUdate) December 4, 2025

Persistent inflows through both rallies and pullbacks indicate growing conviction rather than speculative rotation. The data suggests investors may be using ETFs as their primary route for XRP exposure rather than switching in and out of spot markets.

A sustained uptrend could tighten supply over time, especially if ETF custodians continue accumulating XRP faster than it circulates back into exchanges.

For now, the streak remains active. With 13 days of uninterrupted inflows and less than 10% remaining before the billion mark, all eyes will be on whether XRP ETFs can finish the week above that mark.

The post XRP ETFs Extend Streak to 13 Days, $1 Billion Target Now in Sight appeared first on BeInCrypto.

Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart. 

This bullish structure has emerged following November’s sharp decline, and a confirmed breakout could propel SOL into a decisive upward move.

Solana Holders Provide Support

HODLer Net Position Change indicates that long-term holders are beginning to ease off their selling. Outflows are receding, signaling reduced distribution and a shift toward neutrality. This is encouraging for Solana because LTHs play a major role in stabilizing price trends. Their restraint provides room for recovery momentum to build.

The improving sentiment among LTHs suggests confidence could soon return. As selling pressure from these influential holders diminishes, the probability of inflows rises. Historically, such transitions from heavy outflows to balanced movement have preceded stronger mid-term price rebounds for SOL.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Solana’s NUPL metric recently slipped into the capitulation zone as market conditions deteriorated. This zone represents the lowest psychological point for investors, where fear peaks and selling exhaustion is common. Capitulation often marks the early stage of trend reversals, providing fertile ground for accumulation.

SOL has experienced this phase before. In April, NUPL also entered capitulation before a major rally took the token to new highs. With the indicator once again signaling selling exhaustion, Solana may be positioned for a similar resurgence, provided market sentiment continues to stabilize.

SOL Price Breakout Ahead

Solana is currently forming a double-bottom “W” pattern, a bullish structure implying a potential 14% breakout toward $165. A confirmed breakout from this formation would validate the reversal and place SOL back on an upward trajectory.

Trading at $143 at the time of writing, SOL is edging toward the $146 neckline. Clearing this resistance, powered by improving sentiment and positive on-chain trends, could push the token toward $157. Surpassing that barrier would open the path to $163 and ultimately the $165 target.

However, a failed breakout or renewed market weakness could break the pattern. If that occurs, Solana may drop back to its $136 support level. A loss of this support would invalidate the bullish outlook and delay recovery efforts.

The post Solana Forms Bullish ‘W’ Pattern — Is a Breakout to $165 Next? appeared first on BeInCrypto.

Zcash price is struggling to regain its bullish momentum after a steep decline that pushed the altcoin below $350 earlier this week. 

While ZEC has shown minor signs of stabilization, its broader trend remains weak, and the distance from November’s highs leaves a significant recovery challenge ahead.

Zcash Is Lacking On All Fronts

The RSI indicates that Zcash continues to face persistent bearish pressure. The indicator remains in the negative zone, reflecting a lack of upward momentum and highlighting that buyers are not yet regaining control. This signals that broader market conditions are not aligned with a meaningful rebound.

Unless the RSI improves, ZEC may struggle to attract fresh demand.

The bearish sentiment is reinforced by declining participation across the market, with risk appetite remaining low. ZEC’s failure to push back toward key resistance levels in recent sessions suggests traders are prioritizing safer assets while waiting for clearer signals. 

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The CMF shows persistent outflows, highlighting a decline in investor confidence. Capital continues leaving ZEC, and the indicator remains firmly in the negative zone. This pattern is concerning because Zcash is already lacking broader market support, and sustained outflows could prevent any meaningful rally. For ZEC to regain strength, inflows must return.

Given the current macro backdrop, ZEC’s path to recovery appears challenging. Market volatility remains high, and investors are cautious amid fear-driven activity. Without a shift in sentiment, ZEC may find it difficult to build the momentum required to revisit higher levels.

ZEC Price Has A Long Way To Go

ZEC is trading at $363 at the time of writing, sitting just above the $344 support level. Holding this support is essential for any near-term recovery attempt toward $442. However, revisiting November’s highs remains a distant objective.

If bearish conditions persist, ZEC could fail to hold its support, potentially falling below $344 again and sliding to $300 or even $260. Such a move would extend the current downtrend and deepen investor concerns.

Conversely, a shift in investor sentiment could support a recovery. Yet even in that scenario, ZEC would need to rally by 101% to reclaim its November peak near $750. That would require flipping $442 into support and climbing toward $520, which remains a substantial challenge for the altcoin’s current momentum.

The post Zcash (ZEC) Price Faces Uphill Battle to Close Gap With November Peak appeared first on BeInCrypto.

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee and brace for Wall Street’s latest twist: a Bitcoin-native company is about to hit the NYSE. Shareholders have approved a major merger, putting billions in Bitcoin under one roof and signaling a shift in how crypto meets traditional markets.

Crypto News of the Day: Twenty One Capital Gains NYSE Approval

Cantor Equity Partners (CEP) shareholders voted to approve the merger with Twenty One Capital, clearing the final major hurdle for the business combination.

The deal, subject to standard closing conditions, is expected to finalize on December 8, 2025. Following the completion, the merged entity will operate under the Twenty One Capital name and begin trading the next day (December 9).

Strike CEO Jack Mallers will lead the company, which Tether and Bitfinex hold as majority owners. The firm markets itself as the first Bitcoin-native company preparing for a public listing, offering investors a regulated pathway to gain exposure to the cryptocurrency.

“Following the consummation of such transactions, the combined company will operate as Twenty One Capital, Inc., and its shares of Class A common stock are expected to trade on the New York Stock Exchange (“NYSE”) beginning on December 9, 2025, under the symbol XXI,” read an excerpt in the announcement.

Public Equity Exposure to Bitcoin Amid Crypto and Banking Frictions

Twenty One Capital currently holds 43,514 BTC, valued at approximately $4 billion, making it the third-largest Bitcoin holder among publicly traded companies, after Strategy and MARA Holdings.

The firm emphasizes “capital-efficient Bitcoin accumulation” and plans to introduce a “Bitcoin Per Share” metric. This metric would enable shareholders to track Bitcoin holdings in real time with auditable on-chain proof-of-reserves.

“This listing provides a transparent, regulated way for investors to access Bitcoin without directly holding the asset,” the company added.

The NYSE debut also positions Twenty One Capital as a bridge between crypto-native operations and traditional equity markets, potentially reshaping investor access to digital assets.

“…offers investors a new way to gain BTC exposure via the equity markets,” commented Conor Kenny, a popular user on x (Twitter).

The announcement comes amid wider discussions about the banking sector’s relationship with crypto firms. In late November, Jack Mallers revealed that JPMorgan Chase abruptly closed his personal accounts without explanation, fueling fears of “debanking” in the crypto industry.

Tether CEO Paolo Ardoino described the move as an opportunity for crypto executives to operate independently of centralized financial institutions.

I think it's for the best

— Paolo Ardoino 🤖 (@paoloardoino) November 23, 2025

These tensions coincide with broader market scrutiny. JPMorgan is currently monitoring potential MSCI reclassification rules that could impact companies with significant Bitcoin holdings, such as MicroStrategy.

Analysts estimate that index changes could trigger billions in passive fund outflows, potentially as high as $9 billion for MicroStrategy.

As Twenty One Capital prepares to trade under the “XXI” ticker on December 9, market participants will watch for trading volumes, investor appetite, and the reception of the Bitcoin-per-share metric.

The listing could set a precedent for other crypto-native firms seeking regulated market exposure, potentially broadening institutional and retail participation in the Bitcoin economy.

Chart of the Day

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

• Kevin Hassett sparks a crypto–bond market split as Fed race heats up.
• One bullish XRP metric hits a 3-month high — So why can’t the price break out?
• Peter Schiff to CZ: ‘Bitcoin payments? They’re just liquidated bets.’
• Vienna crypto murder shocks Europe as kidnapping wave escalates.
• Citadel Securities turns against DeFi while pouring $500 million into Ripple.
• Three crypto narratives surge in December 2025—Top picks for 2026?
• Tom Lee’s relentless ETH buying puts BMNR stock on a possible 55% breakout path.

Crypto Equities Pre-Market Overview

Strategy (MSTR)	$188.39	$187.82 (-0.30%)
Coinbase (COIN)	$276.92	$275.85 (-0.39%)
Galaxy Digital Holdings (GLXY)	$27.05	$26.93 (-0.44%)
MARA Holdings (MARA)	$12.47	$12.45 (-0.16%)
Riot Platforms (RIOT)	$15.64	$15.57 (-0.45%)
Core Scientific (CORZ)	$16.55	$16.50 (-0.30%)

The post Wall Street Braces as Bitcoin Goes Public for the First Time | US Crypto News appeared first on BeInCrypto.