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Crypto expert Crypto Sensei has drawn attention to rumors that Amazon struck a 5 billion XRP deal with Ripple. The expert explained what the deal is really about and what Ripple’s end goal is using the altcoin. 

Expert Clarifies Rumors Of Amazon’s 5 Million XRP Deal With Ripple

In an X post, Crypto Sensei addressed whether rumors that Amazon struck a 5 million XRP deal with Ripple were true. The rumors surfaced as Kendra Hill claimed that Ripple’s endgame is to run the entire derivatives market using the altcoin and that the cross-border transactions are simply a test.  

Related Reading: XRP Rising Against All Odds: Ripple CEO Celebrates These Achievements

However, Crypto Sensei noted that there is no public evidence of Ripple’s 5 million XRP deal with Amazon and that there has been no public announcement from the crypto firm. As such, the expert remarked that this rumored deal remains pure community speculation.  

Meanwhile, he explained that Hill’s core claim was that cross-border payments are just a testing ground and that Ripple ultimately intends to use XRP to process 100% of the transactions on the global derivatives market. Notably, the global derivatives market is said to be a trillion-dollar industry, meaning this move could boost adoption significantly. 

Meanwhile, as to how a rumored Amazon relates to this, Crypto Sensei explained that a screenshot of an old Amazon partnership had resurfaced. Furthermore, Hill had allegedly claimed that another partnership between the two firms has yet to be revealed. Amazon’s AWS had, in 2020, revealed that it was integrating Ripple’s payment system for its rewards program. 

Crypto Sensei also mentioned that Ripple’s CTO, David Schwartz, has stated that there is no evidence that Amazon owns this amount of XRP. There is also no evidence on the XRP Ledger that the company holds this amount in escrow.

Major Adoption News For The Token

In an X post, Hex Trust announced a partnership with LayerZero to launch wrapped XRP (wXRP) across multiple networks, starting with the Solana network. This is expected to boost the altcoin’s adoption as it gains new holders and new liquidity flows into it. Hex Trust noted that the wXRP is designed for DeFi use across these networks. 

Related Reading: Ripple Secures 4 Groundbreaking Wins That Mark An Exciting Phase For XRP

The firm has launched this Wrapped XRP with over $100 million in Total Value Locked (TVL). Hex Trust also explained that the wrapped token’s utility is that it makes it easy to trade XRP alongside Ripple’s RLUSD stablecoin as a trading pair on supported chains. As such, the firm believes this move could expand liquidity and utility between XRP and RLUSD. Notably, there are also plans to launch this wrapped token on Ethereum soon. 

At the time of writing, the XRP price is trading at around $2.03, up in the last 24 hours, according to data from CoinMarketCap.

Shiba Inu’s Layer-2 network, Shibarium, is facing a serious challenge after a prominent decentralized finance platform within its ecosystem publicly warned that it may abandon the chain entirely. K9 Finance DAO, a liquid staking protocol built on Shibarium, announced it has set a firm deadline to resolve outstanding issues linked to September’s bridge exploit.

The announcement, which was shared on the social media platform X, points to a breakdown in communication between ecosystem builders and the Shibarium development team. According to K9 Finance, private discussions that had been ongoing for months following the hack have now stalled, and this is why the DAO is addressing the matter publicly.

K9 Finance Brings Dispute Into the Open

In its statement, K9 Finance DAO said it had complied with every request made by the Shibarium team in the aftermath of the bridge exploit and had acted in good faith throughout the process. The DAO noted that it maintained several private communication channels with the Shib team in an effort to reach closure and ensure affected users were compensated.

That process has now reached a standstill. K9 Finance disclosed that it has received no further communication or guidance from the Shibarium team, leading it to move the discussion into the public timeline. However, this step was taken by the K9 Finance DAO to provide clarity to its holders and uphold responsible governance, not to provoke drama or controversy.

As part of its announcement, K9 Finance set January 6, 2026 as the final deadline for users impacted by the Shibarium bridge incident to be fully and verifiably made whole. If restitution is not completed by that date, the DAO says it will convene and vote on its future relationship with Shibarium, including whether continuing to operate on the chain makes sense for the long-term health of the K9 ecosystem.

K9 Finance is a decentralized finance protocol built on Shibarium that focuses on liquid staking within the Shiba Inu ecosystem. The platform operates as a decentralized autonomous organization, with governance decisions made by token holders through the K9 Finance DAO. 

K9 Finance is one of the most visible DeFi platforms on the Shibarium chain, and its stance could influence sentiment among other builders.

The Main Issue: September’s Bridge Hack

The dispute traces back to the Shibarium bridge exploit in September 2025, when attackers used a flash-loan-based strategy to drain assets from the bridge. The incident forced emergency pauses across parts of the network and security updates by the Shiba Inu team.

During that incident, roughly $4.1 million in assets, including ETH, SHIB, and other tokens, were taken, and around $717,000 worth of KNINE tokens were affected. However, the stolen KNINE tokens could not be sold from the attacker’s wallet because they were frozen by K9 Finance. 

Although the Shibarium team later restored network functionality and introduced additional security measures, the recent announcement shows that compensation discussions have continued behind the scenes without a final resolution.

As the market volatility heats up again, the price of Bitcoin witnessed a pullback, bringing it closer to the $90,000 threshold. While BTC’s price faces a pullback, key on-chain metrics are beginning to follow suit, reaching levels that could shape or determine the next trajectory of the market.

A Crucial Breakdown In Bitcoin Realized Loss

Given the bearish state of the market, on-chain indicators for Bitcoin are flashing a slight but crucial signal in its dynamics. BTC On-Chain Trader Realized Price and Profit/Loss Margin, one of the most important metrics, has now dropped below a crucial level as the market and BTC’s price fluctuate.

According to Ali Martinez, a seasoned crypto analyst and trader, this drop in the metric is offering a clue to the next potential path for the BTC market. Following weeks of increased capitulation-driven losses, the drop in realized losses indicates that market players are no longer selling coins at sharp discounts.

While the wave of panic selling that clouded recent market turbulence may finally be dissipating, this crucial indicator is providing traders with new grounds to reevaluate the short-term course of Bitcoin. This implies that sentiment is gradually stabilizing, pointing to an early shift from capitulation to accumulation.

In the post, Ali Martinez highlighted that the metric has fallen below the critical -37%, now located at -18%. The drop may appear increasingly negative, but it is hinting at a pivotal junction for the broader Bitcoin market.

Historically, this drop in the metric below this level has led to a rebound in investors’ confidence in the market. Martinez claims that some of the best buy-the-dip opportunities have emerged when Bitcoin on-chain traders’ realized loss falls below -37%.

BTC’s Rebound Requires Fresh Liquidity

Since the sharp pullback from its all-time high, Bitcoin has failed to bounce back strongly. Darkfost, a market and author at CryptoQuant, claims that one of the major reasons why BTC is currently struggling to recover is the absence of incoming liquidity. This is the biggest issue in the market now.

Liquidity here refers solely to stablecoins. According to Darkfost, monitoring these flows makes it easier to assess if new liquidity is poised to enter the market or if it is still lacking. Data shows that since August, stablecoin inflows into exchanges have steadily declined from 158 billion to around $76 billion. 

This sharp drop represents a 50% decrease in incoming liquidity. Additionally, the 90-day average has dropped, from $130 billion in stablecoin inflows to $118 billion. A drop in liquidity suggests that Bitcoin is battling with a decline in demand, which has not been strong enough to absorb the selling pressure impacting the market. 

Presently, the trend is still negative, and the minor rebounds observed are primarily a consequence of reduced selling pressure rather than more purchasing demand. For BTC to regain a genuine bullish trend, Darkfost stated that the key rests on new liquidity entering the market.

Ripple has announced the dates for its next flagship event, giving the XRP community and institutional partners an early look at what lies ahead. In a post shared on social media platform X, the company confirmed that Swell will return to New York City from October 27 to October 29, 2026.

The update comes after a high-profile Swell 2025 conference in New York that placed Ripple at the center of discussions around institutional adoption, stablecoins, and blockchain infrastructure of the XRP ecosystem.

Ripple Confirms Swell 2026 Dates

Ripple’s announcement confirmed that Swell will once again be hosted in New York City, this time spanning three days from October 27 to October 29, 2026. The company encouraged its community to mark their calendars early; more information will follow in the new year.

The announcement carries added significance, as Ripple also revealed a major change to the structure of its annual events, setting the stage for what it describes as a larger and more unified gathering. Apart from the dates and location, Ripple noted that the 2026 edition is designed to be larger in scope. “Builders, financial leaders, and industry partners will be together under one roof, creating an unforgettable experience,” the announcement noted. 

One of the most notable elements of the announcement is the decision to merge Swell and Apex into a single event. Swell events have always been focused on institutional finance, payments, and policy discussions, while Apex catered more directly to developers building on the XRP Ledger. The most recent Swell 2025 event was hosted in New York, while the Apex 2025 event was hosted in the first half of the year in Singapore. 

However, by combining the two, Ripple appears to be planning to promote a better alignment between institutional adoption and on-chain development of the XRP Ledger. This unified format is something to look forward to, as the event is expected to bridge the gap between financial institutions and technical builders, rather than treating them as separate audiences.

Looking Back At Swell 2025

The announcement also draws added weight from how Swell 2025 unfolded. The 2025 event in New York was widely viewed as one of Ripple’s most consequential conferences to date, featuring strong institutional representation and focused discussions on stablecoins, tokenized assets, and cross-border settlement.

The event took place on November 4 and November 5, 2025. Not long after the event, the first Spot XRP ETF was launched in the US.

Ripple Swell 2025 drew a high-profile mix of Ripple executives, institutional leaders, and policymakers. Ripple’s leadership was represented by CEO Brad Garlinghouse, Executive Chairman Chris Larsen, and President Monica Long, all of whom took part in key sessions. 

Notable attendees from traditional finance included Nasdaq Chair and CEO Adena Friedman and BlackRock’s Director of Digital Assets Maxwell Stein. The event also featured David Ripley, Co-CEO of Kraken; Sandy Kaul of Franklin Templeton; US Representative Ritchie Torres; and Patrick Witt from the White House’s President’s Council of Advisors for Digital Assets, to name a few.

On Friday, the Office of the Comptroller of the Currency (OCC) approved national trust charter applications from several key firms in the industry including Circle’s First National Digital Currency Bank, Ripple National Trust Bank, BitGo Bank & Trust, Fidelity Digital Assets, and Paxos Trust Company. 

OCC’s Approval Of Digital Asset Trust Banks

Once finalized and full approval is reached, these national trust bank charters would empower the crypto companies to manage and hold assets on behalf of their customers, enabling faster payment settlements. 

Currently, Anchorage Digital is the only digital asset company that holds a national trust bank charter from the OCC, which oversees a total of 60 such institutions. 

Comptroller Jonathan Gould emphasized that each application underwent a thorough and rigorous review process, underscoring the necessity for each entity to meet additional conditions before gaining full operational status. 

He explained that welcoming new entrants into the banking landscape aids in modernizing the system, diversifying offerings, and enhancing access to innovative financial products.

Ripple CEO Challenges Banking Lobbyists

Brad Garlinghouse, CEO of Ripple, commented on the approval via social media, highlighting it as a significant advancement for Ripple’s stablecoin, RLUSD. He stated that it sets a high standard for compliance under both federal and state regulation.

Garlinghouse also took a moment to address banking lobbyists who may have opposed this move, asserting that their “anti-competitive tactics” are evident.

The executive pointed out that while these lobbyists have argued that the crypto industry does not abide by the same regulations, the recent approvals demonstrate that the crypto sector is operating transparently under the supervision of the OCC. 

Stuart Alderoty, Ripple’s Chief Legal Officer, noted that the firm is among the first entities to receive conditional approval following the enactment of the GENIUS legislation, ensuring the sustainability of Ripple’s stablecoin business for the long term.

Featured image from DALL-E, chart from TradingView.com 

XRP’s price seems to be heading for the $2 mark once again, following the pullback across the broader cryptocurrency market. Even with the prices becoming increasingly bearish, this movement has not entirely affected the overall sentiment toward the altcoin, as evidenced by another day of bullish inflows into the Spot XRP Exchange-Traded Funds (ETFs).

Huge Capital Keeps Pouring Into XRP Spot ETFs

In the evolving Exchange-Traded Fund (ETF) landscape, the XRP funds are quietly building one of their biggest waves yet. Since the launch of the funds, they have demonstrated substantial growth, challenging the likes of their Bitcoin and Ethereum ETFs counterparts.

The funds are extending a remarkable run of consistent inflows that are starting to attract more market attention. A recent X post from Moon Lambo, a crypto enthusiast and YouTuber, shows that the XRP Spot ETFs have now recorded their 19 consecutive days of inflows.

What began as a means for more exposure has evolved into a distinct pattern of confidence as asset managers continue to purchase the leading altcoin through the initiative in spite of overall market volatility. Since the first spot XRP ETF was introduced, there has never been a day of outflows.

Following weeks of their inception, the cumulative inflow into the funds is currently valued at a staggering $954 million. With such a massive capital accumulated in mere weeks, reflecting relentless demand for the altcoin, the expert believes that this figure could explode in the next 5 to 10 years.

Will The ETFs Acquire The Entire Supply?

After examining the growth of the funds, SMQKE, a crypto pundit and researcher, reported that the XRP spot ETFs are aiming for the 42.87% of supply that truly matters in the market. According to the expert, the funds do not need to take all of the supply to generate a supply shock.

Currently, only 42.87% of the XRP supply is in circulation and available for purchase on the market, which is the real pool from which ETFs are pulled. Data shows that the funds now hold about 0.75% of the overall supply. 

When compared to the 42.87% that is actually liquid, this is a tiny fraction. However, each step forward draws directly from the limited circulating supply. As demand for the funds increases, the 42.87% share is being eroded.

With each incremental increase, the amount of XRP remaining on the open market gets tighter, which is where the early stages of supply pressure start to develop. When the funds move from 0.75% closer to the 42.87% supply that is in circulation, the impact becomes visible. This is because inflows remain focused on a much smaller pool, not the entire supply.

However, SMQKE noted that the ETFs do not need to control 100% of the supply before the market feels its impact. Instead, they just need to concentrate on reducing the 42.87% supply that is currently accessible.

America’s largest bank, JPMorgan, has taken a bold step into the future of finance by issuing commercial debt on the Solana blockchain. This move has caught the attention of the broader crypto and traditional markets, as it marks one of the first times a US commercial debt was brought into a public blockchain.

JPMorgan Brings Commercial Debt Papers To Solana

According to a press release published on December 11, JPMorgan has successfully arranged a US Commercial Paper (USCP) Issuance for Galaxy Digital Holdings LP, an affiliate of Galaxy Inc., on the Solana blockchain. The issuance represents one of the earliest debt offerings executed on a public blockchain in the US.

JPMorgan had served as the arranger, creating the on-chain USCP token and managing the delivery-versus-payment settlement for the issuance. Meanwhile, Galaxy Digital Partners LLC had structured the offerings, while US technology company Coinbase Global Inc. and global investment management firm Franklin Templeton had purchased the issuance. 

Scott Lucas, the Head of Markets Digital Assets at JPMorgan, emphasized that the new commercial debt transaction was a key demonstration of institutional demand for digital assets and the transformative potential of blockchain technology in the future of financial markets. He added that, as a user-focused banking institution, JPMorgan is committed to meeting the evolving demand for digital asset exposures. 

Notably, the USPC token issuance is the first commercial paper offered by Galaxy, enhancing the company’s short-term funding capabilities and providing access to a broader institutional investor base interested in blockchain-based money-market instruments. Details from the press release reveal that both the issuance and the redemption proceeds will be paid in USDC stablecoins issued by Circle, marking a first for the US commercial paper market. 

What Other Executives Have To Say

In the press release, Jason Urban, Global Head of Trading at Galaxy, stated that the issuance demonstrates how public blockchains can enhance the functioning of capital markets. He emphasized that bringing Galaxy’s first commercial paper offering on-chain and structuring one of the earliest US transactions of its kind are significant milestones. 

It underscores Galaxy’s vision of using open and programmable infrastructure to support institutional-level financial products. Urban also expressed satisfaction in collaborating with JPMorgan, Coinbase, Solana, and Franklin Templeton to integrate these innovations into daily market operations.

Sandy Kaul, Head of Innovation at Franklin Templeton, highlighted that institutions are moving from experimenting to actively transacting on the blockchain. She noted that deals like Galaxy’s on-chain issuance help build a more open, efficient, and resilient financial system while supporting broader adoption of digital infrastructures in traditional markets. 

Nick Ducoff, Head of Institutional Growth at the Solana Foundation, described the issuance as a key step in bringing the security and efficiency of blockchains to institutional finance. Brett Tejpaul, the Co-CEO of Coinbase Institutional, stated that the transaction shows how institutional finance is embracing public blockchain technology, with Coinbase playing a foundational role as an investor, wallet provider, and custodian for the USPC token.

Идея «накопил немного $BTC и спокойно ждешь» снова звучит убедительно — но реальность конца 2025 года показывает, что одного хранения становится мало. На этой неделе $BTC сходил ниже $90 000 и вернулся в район $92 000, а рынок в целом нервно реагирует на сдвиги в аппетите к риску и макроэкономический фон.

Параллельно меняется и структура спроса. После сильного года для спотовых ETF в США поток капитала стал менее стабильным, и именно это делает отскоки более «ломкими»: когда приток не поддерживает движение, цена быстрее упирается в продавцов. На этом фоне внимание снова смещается с «куда пойдет график» на «что можно построить вокруг $BTC».

Отсюда и главный вывод для держателей биткоина: следующая волна роста экосистемы может прийти не только от цены, но и от полезности. Если $BTC станет базовым обеспечением для платежей, DeFi, NFT и игр — капитал будет искать инфраструктуру, которая снимает ограничения сети первого уровня: задержки, комиссии и отсутствие нативной программируемости.

Именно поэтому проекты уровня Layer 2 вокруг Bitcoin снова выглядят как ставка на следующий рыночный цикл: они пытаются превратить «цифровое золото» в актив, который можно использовать ежедневно. В этом контексте Bitcoin Hyper — один из самых агрессивных вариантов, потому что делает ставку на виртуальную машину Solana для исполнения смарт‑контрактов поверх биткоина и обещает минимальную задержку обработки операций.

КУПИТЬ BITCOIN HYPER

Почему капитал снова смотрит на Bitcoin-инфраструктуру

Когда волатильность усиливается, рынок обычно возвращается к «базовому активу» — и в крипте это $BTC. Но чем больше денег закрепляется в биткоине через биржи, ETF и корпоративные резервы, тем сильнее диссонанс: актив дорожает, а использовать его в реальных приложениях по‑прежнему неудобно из‑за ограничений первого уровня.

Поэтому инфраструктура — это не второстепенная тема, а попытка расширить рынок. Уже сформировалась конкуренция между подходами: Lightning закрывает микроплатежи, сайдчейны и Layer 2 пытаются дать совместимость со смарт‑контрактами, а отдельные экосистемы развивают DeFi‑витрину поверх биткоина. Как отмечали отраслевые обзоры, сегмент Bitcoin Layer 2 и сайдчейнов измеряется миллиардами долларов заблокированной стоимости.

На практике это гонка за простым обещанием: «пусть $BTC работает так же удобно, как активы в сетях со смарт‑контрактами». И здесь Bitcoin Hyper попадает в точку как один из вариантов, делающих ставку на высокую пропускную способность и низкие комиссии, а не только на идеологию «самый надежный слой расчетов».

Как Bitcoin Hyper пытается дать биткоину скорость и смарт‑контракты

Ключевая ставка Bitcoin Hyper — модульная архитектура: Bitcoin L1 остается слоем расчетов и доверия, а исполнение переносится в Layer 2 в реальном времени. Проект делает акцент на интеграции SVM, чтобы запускать смарт‑контракты с минимальной задержкой. Также он дает разработчикам привычный инструментарий, включая SDK и API на Rust.

С точки зрения пользователя это история про конкретную полезность: быстрые платежи в обернутом $BTC с низкими комиссиями, DeFi‑сценарии вроде обменов и кредитования, а также NFT и игры, где задержки и стоимость транзакции критичны. Для мостов заявлен децентрализованный «канонический» механизм перевода BTC между уровнями, чтобы не упираться в одну точку доверия на входе и выходе.

Рынок обычно голосует деньгами за ранние инфраструктурные истории, если видит сочетание техники и спроса. У Bitcoin Hyper предпродажа уже привлекла $29 373 016,54, а токен оценивается в $0,013415 — это сигнал, что аудитория заранее покупает идею «биткоину нужен слой исполнения». Дополнительно трекеры отмечали две крупные покупки на $396 000, крупнейшая — на $53 000 (19 ноября 2025 года), что показывает интерес со стороны крупных кошельков.

Если вы ищете более общий разбор того, как заработать на криптовалюте в 2025 году, стоит сравнить стратегии «держать» и сценарии, где доход строится вокруг инфраструктуры.

Solana is making a straight-for-the-liquidity play: bring XRP on-chain in a way that looks familiar to DeFi users, but legible to institutions. In a series of posts on X early Friday, Solana said XRP is “coming to Solana,” with Hex Trust and LayerZero set to bridge and issue a wrapped version of the token—wXRP—designed to be “DeFi-ready” on Solana while staying redeemable 1:1 for native XRP on the XRP Ledger.

XRP Heads To Solana As Wrapped Token

That “redeemable 1:1” line is doing a lot of work. According to Hex Trust, wXRP will be issued only when an equivalent amount of XRP is deposited into custody, and it will be burned when redeemed—classic wrapped-asset mechanics, but with a compliance wrapper aimed squarely at bigger balance sheets. The firm said it will act as issuer and custodian for the underlying XRP, describing wXRP as a 1:1-backed representation of native XRP built to support cross-chain utility and DeFi activity.

“XRP has stood the test of time and cemented itself as one of crypto’s preeminent and most liquid currencies. XRP’s long standing utility meets Solana’s high-performance execution. With significant day one liquidity, traders, holders, and institutions can use XRP within leading Solana DEXes, lending markets, and liquidity protocols, while maintaining exposure to the underlying asset and 24/7 XRPL redemption rights,” the Solana Foundation stated in a thread via X on December 12.

The other headline claim: liquidity, immediately. Hex Trust said wXRP is expected to launch with over $100 million in total value locked, framing it as “day one” depth that should help with pricing and market health once the token starts circulating across venues.

LayerZero’s role is the plumbing. Hex Trust said wXRP will be issued on LayerZero’s Omnichain Fungible Token (OFT) standard, positioning it to move across multiple networks rather than live as a one-off wrapper on a single chain. Solana is first, with Hex Trust also naming Optimism, Ethereum, and HyperEVM among initial targets, plus additional chains later.

Why now? Solana’s pitch is basically: XRP is old-school liquid, Solana is high-throughput, and the combination should unlock new use cases without forcing holders to exit the asset. The practical version of that is straightforward—wXRP becomes usable inside Solana’s DEXs, lending markets, and liquidity protocols while keeping a standing redemption path back to XRPL.

The subtle version is about who’s allowed through the door: Hex Trust says minting and redemption is designed for “authorized merchants” in a KYC/AML-compliant environment, which is the kind of sentence that tends to show up when the target user is a market maker, not a meme trader.

And yes, the messaging is trying to thread the custody needle. Solana Foundation product marketing lead Vibhu Norby described the bridge as “self-custodial from end to end” while emphasizing 1:1 redemption back to the ledger—language meant to reassure crypto-native users that this isn’t “paper XRP,” even if the underlying asset is sitting with a regulated custodian.

Via X, Norby commented on the story behind the partnership: “In November, I unexpectedly became enemy #1 of the XRP Army. Through the resulting public learning process, I had a chance to meet many OG devs, core community members, memelords, and the team at Ripple itself, and I came to an understanding of the uniqueness of XRP as an asset, and its community.”

More color is expected on Day 3 of Solana Breakpoint, where RippleX’s Luke Judges is listed on the agenda for a short “Product Keynote: Hextrust” session moderated by Norby. If this rollout goes the way Solana is implying, that slot is less ceremonial than it sounds.

At press time, XRP traded at $2.0284.

Политические бренды все активнее проникают в криптоиндустрию — и сегодня это заметнее всего в играх. На этой неделе испанское деловое издание Cinco Días описало запуск 3D-игры Trump Billionaires Club, где внутриигровая экономика завязана на мемкоин $TRUMP и механики вовлечения пользователей.

Для рынка это сигнал не столько про конкретного политика, сколько про направление: Web3-гейминг снова ищет массовую аудиторию через узнаваемые сюжеты и простые ступени прогресса. Когда продукт понятен без обучения, пользователю легче сделать первый шаг — купить токен, зайти в игру, выполнить задания, вернуться завтра.

Но у такого подхода есть слабое место: большинство игровых токеномик живут только на эмоциях и быстро выдыхаются, если у пользователя нет ясной причины оставаться в системе. Именно поэтому 2025 год выглядит как гонка за механиками, которые удерживают внимание не обещаниями, а регулярным действием и предсказуемой наградой.

На этом фоне мемкоины снова получают шанс выйти из режима «купил и забыл» в формат, где токен становится инструментом участия. И здесь новый проект PEPENODE пытается занять нишу: соединить мемную энергию с понятной игровой рутиной майнинга, не требуя железа, электричества и технических навыков.

КУПИТЬ PEPENODE

Почему игровые мемкоины возвращают внимание к простым механикам

Web3-играм в 2025 году нужно одно: конвертировать шум вокруг бренда в ежедневную привычку. Политические и медийные сюжеты дают трафик, но не гарантируют удержания — пользователи быстро уходят, если прогресс кажется случайным или слишком сложным.

Параллельно инфраструктурная сторона стала менее болезненной для розницы. По данным Cointelegraph, средние комиссии в сети Ethereum после обновления Dencun заметно снизились: в марте 2025 года средний обмен оценивался примерно в $0,39 против около $86 годом ранее.

Отсюда и тренд: проекты соревнуются не только мемами, но и «приземленными» циклами вознаграждений — от упрощенных игровых квестов до симуляций добычи. На этом фоне многим инвесторам становятся интересны и другие направления рынка, включая список лучших альткоинов на 2025 год.

PEPENODE пока выглядит как один из вариантов в этой логике, потому что делает ставку на регулярную активность и понятный интерфейс, а не на сложную экономику.

Как PEPENODE превращает «добычу» в игру без железа

Ключевая идея PEPENODE — позиционирование как «первого в мире мемкоина mine-to-earn»: вместо классической добычи с оборудованием проект предлагает виртуальную систему «майнинга». Вход строится вокруг узлов и уровней вознаграждений. Это отвечает сразу на три боли рынка: скучные модели добычи, слабые ранние стимулы и техническую сложность для новичков.

В терминах продукта это выглядит как геймифицированная панель. Вы покупаете и настраиваете «узлы-майнеры», улучшаете ноды для повышения эффективности и получаете вознаграждения, включая мемкоины вроде PEPE и Fartcoin. Важно, что сценарий «зайти — улучшить — забрать награду» проще, чем разбираться в железе и расходах.

Интерес подогревает и ранняя динамика спроса. По данным команды предпродажи, PEPENODE уже привлек $2,3 млн, а цена токена составляет $0,001192. Это уровень, на котором обычно формируется база ранних участников, если продукт действительно обещает активность после запуска.

Данные отслеживания крупных кошельков указывают на 2 покупки на общую сумму $215K; крупнейшая сделка — $51K — прошла 8 февраля 2025 года.

У этой ставки есть понятная логика: если игра найдет аудиторию после запуска, то «добыча как привычка» может оказаться сильнее разового хайпа вокруг громкого имени.

YouTube has quietly added a new payout option that lets creators in the US receive earnings in PayPal’s dollar-pegged token, PYUSD. According to several reports, the change appears to be active now and is being offered through PayPal’s payout rails rather than through any direct crypto custody by YouTube.

How The Option Works

PayPal’s head of crypto, May Zabaneh, confirmed the setup to Fortune and said the company uses its existing payout network to deliver PYUSD to recipients who opt in.

That means YouTube will still calculate and send creator earnings in dollars to PayPal’s system, and PayPal is then responsible for the conversion to the stablecoin and distribution to creators. The move builds on PayPal’s broader push to offer stablecoin tools to businesses and individual users.

PYUSD was introduced by PayPal in 2023 and has since been plugged into services such as Venmo and PayPal’s merchant tools. Reports have made clear that YouTube itself is not holding or moving crypto on behalf of creators; PayPal handles the token side.

Scope And Availability

For the moment, the option is available only to creators based in the US. A Google spokesperson confirmed the rollout but declined to share a schedule for any expansion beyond American users.

Creators who qualify for YouTube’s monetization programs may be able to opt into the new payout method for monthly earnings like ad revenue and paid memberships.

Some creators will value the extra choice. Receiving PYUSD could let a creator hold a dollar-pegged token onchain, spend it where PayPal tools accept it, or convert back to fiat through PayPal.

There are tradeoffs: holding a stablecoin brings different custody and tax considerations than a straight bank transfer. Reporting systems and bank rules may differ depending on how the creator finally cashes out.

What Creators Should Expect

The signup step should be familiar to anyone who already uses PayPal payouts on YouTube; it will likely appear as an alternative payment method in creator settings.

Once chosen, payments will flow through PayPal’s established payout system and show up as PYUSD in the recipient’s compatible wallet or PayPal balance, per the descriptions circulating in the trade press.

PYUSD In Numbers

PYUSD’s onchain presence has grown rapidly. Market trackers list the stablecoin with close to $4 billion in circulating value and roughly 3.8 billion tokens in supply at the moment, figures that underline how much the token has expanded since launch.

Featured image from Unsplash, chart from TradingView

On Thursday, JPMorgan, one of the largest banking institutions globally, marked a pivotal moment in the intersection of traditional finance and cryptocurrency by successfully arranging a US Commercial Paper (USCP) issuance for Galaxy Digital. 

This significant transaction, valued at $50 million, was executed on the Solana (SOL) blockchain and was purchased by Coinbase Global and crypto exchange-traded fund (ETF) issuer Franklin Templeton.

JPMorgan’s Future Plans For Blockchain Structures

This issuance stands out as one of the first instances leveraging blockchain technology for the issuance and servicing of securities, signaling a growing trend of traditional financial firms embracing new technologies. Scott Lucas, the head of Markets Digital Assets at JPMorgan, shared insights on future developments, stating: 

In the first half of next year, we intend to build on this momentum by exploring how this structure and JPMorgan’s role in it can be expanded, not just in terms of the investor and issuer base but also security type.

Acting as the arranger for the deal, JPMorgan also created the on-chain USCP token. The process for both issuance and redemption will be conducted in Circle’s USDC stablecoin. 

This issuance marks Galaxy’s inaugural foray into commercial paper, enhancing the firm’s short-term funding capabilities and facilitating access to a growing array of institutional investors who are increasingly incorporating blockchain-money market instruments into their portfolios. 

Solana Foundation’s Role 

Jason Urban, Global Head of Trading at Galaxy, highlighted the potential of public blockchains in enhancing capital markets’ operational efficiency. 

Urban noted that by actualizing the first on-chain commercial paper offering and aiding in structuring one of the earliest US transactions of its kind, Galaxy is actively promoting an open, programmable infrastructure that supports “high-caliber financial products.”

Sandy Kaul, Head of Innovation at Franklin Templeton, remarked on the industry’s shift towards practical blockchain usage, emphasizing the pivotal role of the investment in backing Galaxy’s initiatives and accelerating progress towards a more open, efficient, and resilient financial ecosystem.

Nick Ducoff, Head of Institutional Growth at the Solana Foundation, highlighted the critical advancement achieved by bringing the security and efficiency of public blockchains to institutional finance. 

He further disclosed that Solana’s architecture facilitates secure and trustworthy financial transactions, providing a robust foundation for institutions like JP Morgan to arrange transactions with enhanced trust and performance standards.

Brett Tejpaul, Co-CEO of Coinbase Institutional, emphasized the transformative impact JPMorgan’s initiative and the milestone transaction in institutional finance’s adoption of public blockchain technology. 

At the time of writing, Solana’s native token, SOL, was trading at $136, having recorded a significant 12% decline over the past 30 days. This price action also positions SOL’s valuation down by over 53% from the all-time high of $293 reached earlier in the year. 

Featured image from DALL-E, chart from TradingView.com 

Cardano is finally doing the unsexy but absolutely necessary plumbing work: getting serious, external oracle infrastructure wired in, with a governance wrapper that looks a lot more like “adult supervision” than the old ad-hoc ecosystem scramble.

On a Dec. 11 livestream, Charles Hoskinson said the ecosystem’s new “Pentad” structure — the coordination bloc spanning Input Output, the Cardano Foundation, EMURGO, the Midnight Foundation, and Intersect — has approved its first major integration under the “critical integrations” framework: bringing Pyth’s Lazer oracle to Cardano, with deployment targeted for early 2026.

Pyth Deal Kicks Off Cardano’s Critical Integrations Push

“This is the appetizer announcement,” Hoskinson said, framing Pyth as the first of what he expects to be a broader menu: bridges, stablecoins, analytics, custodians — the stuff that turns a chain into a DeFi venue people actually build on, not just a community that argues about roadmaps.

Hoskinson didn’t really sugarcoat why this matters. “Oracles are really the first part of major integrations,” he said, because you need reliable data coming in and you need credible pathways to the rest of the industry. He also admitted the in-house approach hasn’t landed the way it should’ve: Cardano “tried to build an indigenous oracle solution and it hasn’t worked out as well as it should.” So […] Pyth. That’s the pivot.

Pyth, in its own marketing, has been pushing Lazer as an ultra-low latency product designed for speed-sensitive trading use cases — basically, price updates fast enough that perps and other twitchy DeFi apps don’t feel like they’re operating on last cycle’s data. Hoskinson called Pyth “one of the most advanced Oracle solutions on market,” and emphasized the practical angle: lots of feeds, lots of publishers, and broad distribution across chains.

Intersect’s announcement (the one Hoskinson pulled up mid-stream) from X states: “One of the first concrete outcomes of the Critical Cardano Integrations workstream is now in place! The Steering Committee […] has approved the first major integration under this framework: bringing Pyth Lazer oracle to Cardano. Pyth provides low-latency, institutional-grade market data across thousands of price feeds spanning crypto, equities, FX, commodities and ETFs, already used by hundreds of DeFi applications across 100+ blockchains to power trading, lending and risk management.”

Hoskinson argued, “[Pyth] effectively attaches Cardano now to the information networks of the entire cryptocurrency space.” He said the team is already exploring whether it can switch parts of the ecosystem — including Djed — over to Pyth, and he wants Cardano dapp teams to seriously evaluate the integration once it’s available.

“Pyth is just the appetizer in the Cardano critical integrations,” he said. “There are many more things to come.”

The broader context is that Cardano’s new “Pentad” has been positioning “critical integrations” as a coordinated, treasury-backed effort to “prime Cardano for 2026,” including a budget proposal tied to ecosystem-wide enablers. If Pyth is the first concrete output, it’s also a signal the Pentad model is going to be judged on execution, not vibes.

Hoskinson, closing out, put it in his usual rally language: “Cardano is not an island anymore […] the cavalry has come.” The market can do what it wants in the short term. But getting credible oracle rails in place is the kind of boring upgrade that tends to matter later — when teams are deciding where to deploy, and where liquidity is willing to live.

At press time, ADA traded at $0.4253.

Vladimir Chistyukhin, First Deputy Chairman of the Central Bank of Russia (CBR), has shared crucial details of Russia’s upcoming crypto regulations. The framework is expected to amend key laws related to digital financial assets and the securities market, while potentially prohibiting new digital asset purchases for most investors.

New Crypto Framework Could Ban New Purchases

On Thursday, Vladimir Chistyukhin told Russian news media outlet RIA Novosti that the Central Bank of Russia, the Ministry of Finance, Rosfinmonitoring, and other federal agencies have been discussing proposals to regulate the crypto market.

The executive affirmed that the new framework will provide rules on how and through whom crypto transactions will be carried out. He detailed that these will likely be executed only by existing market participants under existing licenses.

As reported by Bitcoinist, CBR’s First Deputy Chairman previously announced that local banks would be allowed to engage in limited crypto operations under strict regulatory conditions.

Nonetheless, the executive has noted that they will need to consider whether exchanges should be included in a separate category that enables them to be eligible for a new license.

In the case of investors, he informed that they are stepping away from their initial Experimental Legal Regime (EPR), introduced at the start of the year. The EPR proposed allowing only “highly qualified investors” to transact directly with digital assets.

Currently, cryptocurrencies are used not only as an investment but also as a means of cross-border payments. This is a very important point that cannot be ignored. Of course, we want to protect Russian retail investors as much as possible from transactions with such a risky asset. On the other hand, we understand that in the current circumstances, in some cases, international payments can only be made using cryptocurrencies. Therefore, the discussion continues.

Now, they are looking to allow qualified investors into the market after passing certain tests, although discussions are not final. There are only about one million qualified investors in Russia, Chistyukhin added, which could place millions of retail investors in the country in a “gray” zone.

Unqualified investors who already acquired cryptocurrencies “will be able to either keep them, sell them, or exchange them for some fiat currency or other assets. There are no restrictions on exiting crypto assets – neither in terms of time nor volume. Only new purchase transactions will be restricted,” he stated.

Russia To Adopt Regulations ‘As Quickly As Possible’

Chistyukhin affirmed that the Russian financial market has “all the necessary infrastructure to work with cryptocurrencies.” Although it will be “essential to amend the laws on digital financial assets, the securities market, and banking legislation.”

Chistyukhin explained that the authorities believe it is “fundamentally important” to legitimize the crypto sector and ensure that it is compliant with the law. To achieve this, regulators are considering establishing strict restrictions and prohibitions. “Anything that falls outside this framework will be considered illegal activity.”

Discussing why the financial authorities decided not to experiment with and test crypto rules, he noted that the country needs to adopt regulations quickly due to “international attention” and “scrutiny.”

The issue of cryptocurrency regulation is attracting serious international attention, primarily from the FATF. (…) We need to adopt regulations as quickly as possible. (…) We simply do not have the time to experiment first and then spend several years analyzing it and launching something permanent.

Therefore, the executive revealed that the legislation could be passed during the spring of 2026 and be enacted before the end of next year. However, Russian watchdogs are preparing transitional periods to give market participants time to move out of the regulatory “gray” zone and into the new legal framework. Liability for illegal operations is expected to come into effect in mid-2027.

Data shows the XRP transfer fee has witnessed a significant decrease over the last several months, a sign network activity has been declining.

XRP Transaction Fee Has Dropped To 650 Tokens Per Day

In a new post on X, on-chain analytics firm Glassnode has discussed the latest trend in the Total Transaction Fees indicator for XRP. This metric measures, as its name suggests, the amount of fees that senders on the XRP network attach to their transactions every day.

On blockchains like Bitcoin and Ethereum, the transaction fee goes to the network validator who added the associated move to the next block. In the case of BTC, the network runs on a consensus mechanism called the proof-of-work (PoW), with validators called miners competing against each other using computational resources to get the chance to add the next block to the chain.

While for ETH, validators known as stakers handle consensus by locking in an ETH amount known as the “stake.” This mechanism is known as the proof-of-stake (PoS).

XRP takes an approach that differs from both digital asset giants. In the XRP Ledger Consensus Protocol, network validators maintain a list of other validators that they trust. Validators propose and vote on transactions, with consensus being reached when more than 80% of trusted nodes agree on the validity of the transactions.

The key difference is that in this system, there are no block/staking rewards, and validators aren’t compensated with transaction fees, either. Instead, the fee that users pay is destroyed. This means that every time a transaction occurs, a tiny part of the asset’s supply exits from circulation.

While the destination of the transaction fees is different for XRP when compared to Bitcoin and Ethereum, the network dynamics can still be similar. In other words, high traffic can push the Total Transaction Fees metric up, while low activity periods can lead to a drop in it.

Now, here is the chart shared by Glassnode that shows the trend in the 90-day simple moving average (SMA) of the XRP Total Transaction Fees over the last few years:

As displayed in the above graph, the XRP Total Transaction Fees witnessed a surge to an extreme level in early 2025. Users were paying 5,900 tokens per day as transfer fees at the peak of this explosion in February.

Since then, however, the blockchain has witnessed a rapid decline in the indicator. Today, the network is witnessing just 650 tokens per day in fees, reflecting a decrease of about 89% from the February high. The 90-day SMA Total Transaction Fees haven’t been this low for the asset since December 2020.

XRP Price

XRP has gone downhill during the last couple of days as its price has returned to the $2.00 level.

Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially boosted risk assets but quickly shifted market sentiment into uncertainty. While the broader macro backdrop now leans toward looser monetary conditions, Ethereum’s reaction suggests that traders remain cautious, especially after the sharp rally from the $2,800 region earlier this month.

According to fresh data from CryptoQuant, Binance’s Ethereum Estimated Leverage Ratio has climbed to an all-time high of nearly 0.579. This signals that the ETH market has entered a highly sensitive and potentially unstable phase, as open leveraged positions have grown faster than the underlying spot holdings on the exchange. Such extreme leverage typically reflects heightened risk appetite—and often precedes periods of sharp volatility.

This dynamic implies that a large portion of Ethereum’s recent price action has been driven not by organic demand, but by leveraged speculation. With funding structures stretched and traders aggressively positioning for upside, even a modest price swing could trigger a cascade of liquidations, amplifying market movements in either direction. As Ethereum hovers near key support, the combination of elevated leverage and post-FED uncertainty sets the stage for a volatile and decisive period ahead.

Ethereum’s Leverage Structure Signals Growing Fragility

Arab Chain explains that Ethereum’s historically high leverage ratio indicates a structural imbalance in the market. When the volume of open contracts funded by leverage grows faster than the actual spot ETH held on the platform, the entire ecosystem becomes more sensitive to abrupt volatility.

In such conditions, traders face a heightened risk of liquidation from even moderate price swings—whether the move is upward or downward. Historically, peaks in this indicator have aligned with periods of intense price pressure, as excessive leverage magnifies the market’s reaction to relatively small shifts in demand or sentiment.

At the same time, Ethereum is currently trading near $3,300, creating a concerning confluence: rising prices supported not by strong inflows or genuine spot demand, but by leverage-driven speculation. This type of rally is inherently unstable. If leverage continues climbing at these extreme levels, the market becomes increasingly vulnerable to a sharp liquidation-driven sell-off should prices pull back.

However, there is an alternative path. If ETH’s price continues to build momentum while the leverage ratio cools slightly, the market could regain a healthier structure—providing a more durable foundation for a sustained upward trend. For now, the estimated leverage ratio remains one of the most critical indicators for evaluating Ethereum’s short-term direction.

ETH Price Action Details

Ethereum’s latest rejection near the $3,350–$3,400 zone highlights the challenges bulls face as the broader trend remains pressured. The chart shows ETH pulling back toward the $3,200 area after a sharp attempt to break above the 100-day moving average (red line). This level continues to act as a major dynamic resistance, repeatedly capping upside momentum throughout November and December.

Despite the recent recovery from sub-$2,900 lows, ETH has not yet reclaimed the 50-day moving average (blue line) with conviction. The inability to close decisively above it reinforces the idea that this bounce remains corrective rather than impulsive. Meanwhile, volume on the latest push upward has been modest, suggesting that buyers are not entering aggressively at these levels.

On the downside, the $3,050–$3,100 region is emerging as short-term support. A daily close below this zone could open a path back toward $2,900, especially if risk sentiment deteriorates post-FOMC. Conversely, reclaiming and holding above $3,350 would be the first sign of renewed bullish strength, potentially targeting $3,550 next.

Featured image from ChatGPT, chart from TradingView.com

e& UAE, United Arab Emirates’ telecom giant, has signed a memorandum of understanding with Al Maryah Community Bank to trial AE Coin, a Central Bank-licensed stablecoin, as a payment option across the telco’s services.

According to company statements, the plan would let customers use an AED-backed token to pay for mobile and home-service bills, prepaid and postpaid recharges, and purchases on e& digital platforms.

Integration Across Consumer Touchpoints

Reports have disclosed that e& Group aims to plug AE Coin into its existing payment systems. The move would add the stablecoin as an alternative to cards and bank transfers on e&’s mobile apps and at smart self-service kiosks.

e& UAE’s CEO, Hatem Dowidar, said the partnership with Al Maryah Community Bank will allow “instant settlement, complete transparency, and frictionless access” — language that signals the operator expects quicker finality and clearer audit trails for transactions.

For many users, that could mean fewer delays and simpler proof of payment when calling or browsing for services.

What The Partners Say

Based on reports, Al Maryah Community Bank’s chief executive, Mohammed Wassim Khayata, said the collaboration widens real-world uses for licensed virtual assets and opens the door to faster, more secure options for everyday payments.

Ramez Rafeek, General Manager of AED Stablecoin LLC, described AE Coin as created to support regulated and transparent digital payments.

Those comments frame the trial as an attempt to move a regulated token from niche experiments into mass consumer use. The pilot will start within selected e& channels; no national rollout timetable has been disclosed.

Potential Impact On Users And The Market

Analysts and payments experts say a telecom of e&’s size could quickly expose millions of customers to stablecoin payments if the test succeeds.

According to the companies involved, integrating AE Coin would cover prepaid top-ups and postpaid billing, which are high-frequency transactions that could provide an immediate test bed for volume and reliability.

Observers note that real adoption will hinge on how easy customers find the process, how wallets are managed, and whether merchants accept the token beyond e&’s own services.

Alignment With National Goals

Reports indicate the trial fits into the UAE’s push for regulated blockchain payments and a less cash-dependent economy.

Regulators have been encouraging licensed solutions, and using a Central Bank-approved stablecoin inside a major consumer network sends a clear signal that authorities are open to controlled innovation.

If adopted more widely, the token could serve as another regulated payment choice alongside existing systems.

Featured image from Unsplash, chart from TradingView

Ethereum has retraced below the $3,200 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially sparked volatility across the crypto market. While many expected a stronger reaction from Ethereum, the asset instead slipped lower as traders reassessed the macro environment and the implications of a potential shift toward stagflation. Despite this pullback, on-chain data suggests that the underlying market structure may be quietly improving.

According to new insights from CryptoQuant, Ethereum’s Net Taker Volume (30-day moving average) is showing a clear upward trend in its lows. This metric tracks the balance between aggressive buyers and sellers in the derivatives market. Although ETH remains under selling pressure, the data reveals that the intensity of aggressive selling has been weakening steadily over the past several weeks. Each subsequent negative low is forming higher than the previous one, signaling that sellers are losing dominance.

While the broader sentiment remains cautious, subtle improvements in Net Taker Volume suggest that ETH’s current weakness may be masking the early stage of a larger structural shift.

Net Taker Volume Signals a Potential Structural Shift

According to CryptoQuant’s CoinCare, Ethereum may once again be approaching a pivotal turning point. The report highlights that a similar Net Taker Volume structure appeared earlier this year. After forming a clear bottom in January 2025, the metric began to trend upward—even while remaining in the negative zone—indicating that aggressive sellers were gradually losing strength.

By April, Net Taker Volume flipped decisively into positive territory. From that exact moment, Ethereum entered one of its strongest rallies of the cycle, surging more than 3x and printing a new all-time high.

Current conditions echo that same pattern. Since the peak of selling pressure in September, the market has continuously absorbed sell flows for nearly three months. Each negative low in Net Taker Volume has formed higher than the previous one, revealing improving market resilience despite the broader downtrend. If this trajectory holds, CoinCare estimates that a positive flip in Net Taker Volume may be only about a month away.

Historically, this transition from negative to positive has marked the beginning of Ethereum’s most explosive breakout phases. A confirmed move into positive territory would represent a high-probability trigger for the next expansion toward new all-time highs, signaling that momentum is quietly rebuilding beneath the surface.

ETH Weekly Structure Attempts a Recovery

Ethereum’s weekly chart shows the market attempting to stabilize after several weeks of volatility, with price currently trading near $3,195 following a strong rebound from the $2,800 zone. This area acted as a key demand region in mid-2024 and has once again provided support, preventing a deeper breakdown. The recent weekly candle reflects renewed buying interest, closing firmly above the 50-week moving average, a level that often defines medium-term trend direction.

Despite this rebound, ETH still faces structural challenges. The 100-week moving average — now overhead — has acted as resistance throughout the current downtrend, and the price rejected it again on the latest push toward $3,447. Until Ethereum can reclaim this dynamic resistance with conviction, the broader trend remains neutral to slightly bearish.

Volume also shows a notable shift: sell-side activity has been declining over the past month, while buyers are beginning to step in more aggressively at key support levels. This aligns with the improvement in on-chain metrics, suggesting weakening selling pressure.

For bulls, the next major objective is a weekly close above $3,400, which would signal a potential trend reversal. A failure to break this level, however, risks another retest of $2,900–$2,800, where market sentiment would again be tested.

Featured image from ChatGPT, chart from TradingView.com

SpaceX moved 1,021 Bitcoin worth about $94.48 million on December 10, according to on-chain alerts from blockchain trackers. The transfer was sent to wallets tied to Coinbase Prime, raising questions about whether the company is reshaping part of its treasury while attention grows around its potential public listing.

Ledger Shuffle Raises Questions

Reports have disclosed that this move is only the latest in a series of large bitcoin transfers involving wallets believed to be linked to SpaceX.

Analysts tracking the transactions say the pattern looks more like a shift into institutional custody rather than an immediate market sale, since Coinbase Prime is commonly used for storage and structured trades by large companies.

SpaceX is estimated to hold around 8,285 BTC, a stash worth roughly $770 million based on recent market prices. That amount places the company among the biggest private holders of bitcoin.

Records show the balance was once higher during 2022, though part of it has been reduced over time as transfers continued.

SpaceX(@SpaceX) just transferred out another 1,021 $BTC($94.48M), to possibly Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/PwBIvD5RaR

— Lookonchain (@lookonchain) December 10, 2025

SpaceX: IPO Talk Adds Pressure

At the same time, reports from major outlets say SpaceX is preparing for an initial public offering that could take place in 2026.

Coverage has suggested the fundraising round may target tens of billions of dollars, and estimates of the company’s possible valuation range from $800 billion to more than $1.5 trillion.

Elon Musk reacted on social media to one of the reports, saying the information was accurate, which added more weight to expectations that a listing is being planned.

Because companies often adjust their balance sheets ahead of a public offering, analysts say moving crypto into institutional platforms would not be unusual. It can be done for audits, custody needs, or overall treasury preparation before large financial transactions.

What The Move Might Signal

A transfer into Coinbase Prime does not automatically mean a bitcoin sale is underway. Institutional accounts can hold assets for long periods without sending them directly to the open market.

Traders watching the activity say that only an actual sale — not a custody transfer — would create immediate pressure on Bitcoin prices.

Still, the timing stands out. The latest 1,021 BTC move comes during a period where SpaceX’s on-chain activity has increased. More transfers may follow if the company continues preparing documents and financial disclosures linked to a potential public listing.

The main question now is whether the recent shift was routine treasury work or part of a larger strategy connected to the IPO.

SpaceX has not issued a public statement on the transaction, leaving analysts to rely on blockchain data and regulatory reporting to understand what comes next.

Featured image from Unsplash, chart from TradingView

Elon Musk has confirmed that X’s long-promised payments layer, X Money, is already running inside the company — but Dogecoin, his on-again-off-again favorite meme coin, has barely twitched.

Replying to developer and X feature-watcher Nima Owji on December 10, Musk dropped a characteristically terse update: “It has been launched internally.” Within hours, promoter Mario Nawfal was broadcasting that “X MONEY IS LIVE BEHIND CLOSED DOORS, PUBLIC LAUNCH NEXT,” describing the system as “quietly tested by employees and early users while the rest of the world waits for access.”

It has been launched internally

— Elon Musk (@elonmusk) December 10, 2025

The market, however, did not exactly wait breathlessly. As of press time, Dogecoin traded around $0.137, down less than 0.1% on the day — essentially noise, given an intraday range between roughly $0.137 and $0.150. For a coin that once ripped 20–30% on a single Elon meme, this is… subdued.

Why Is The Dogecoin Price Not Reacting?

The contrast with earlier X Money headlines is stark. When Musk first framed the payments stack as part of a broader relaunch of XChat in mid-November, he boasted that X had “just rolled out an entire new communications stack with encrypted messages, audio/video calls and file transfer,” adding pointedly: “Money comes out soon… X will be the everything app.”

Dogecoin and other high-beta names squeezed higher on that story, if only briefly. Back in May, when Musk confirmed that a beta version of X Money was coming, DOGE jumped from about $0.08 to $0.09 on the announcement — a double-digit percentage move triggered by one more hint that the dog might be wired into X’s rails.

Today’s non-reaction lands against a deeper build-out of X Money in the background. According to a recent job posting, X Money is hiring a technical lead to design a payments platform “from the ground up” for more than 600 million monthly users, with an emphasis on distributed systems and secure transactions.

The description notably does not mention crypto or Dogecoin at all. Notably, X Money already announced a partnership with Visa earlier this year for an “X Money Account” that would fund wallets and peer-to-peer payments, while Solana figures — including ecosystem advisor Nikita Bier, now at X — have publicly signaled they are eager to help.

Crucially, Musk has not exactly gone quiet on Dogecoin in general. On November 3 he posted “It’s time” on X, reviving his old promise to “put a literal Dogecoin on the literal moon” via a SpaceX mission, as reported by Bitcoinist.

In mid-October he waded into the “energy money” debate, backing Bitcoin as impossible to “fake” because it is grounded in energy and then replying with an approving emoji when a Dogecoin community account insisted that “Dogecoin is also based on energy” — his “first explicit nod toward DOGE in a while,” as reported on NewsBTC.

Even more recently, on October 11 and again on November 15, Musk posted Doge-coded content — a Shiba Inu mascot image, then a meme of a Shiba playing a banjo — that historically would have lit up DOGE order books. However, this time, Dogecoin’s response was muted to outright negative.

In other words, the last few times Musk has talked about or referenced Dogecoin on X, the market reaction has been steadily decaying. So when he now says X Money “has been launched internally,” the absence of a pump in DOGE looks less like a mystery and more like a trend.

At press time, DOGE traded at $0.13765.