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Hassett insists on Fed’s independence as Trump backs “two Kevins” for top job

Kevin Hassett defends Fed independence as Trump weighs him and Kevin Warsh for chair, prediction markets shift, and fresh rate cuts keep crypto in wait-and-see mode.​
Summary
Kevin Hassett, now a leading Fed chair contender, says Trump's views would only matter if backed by data, stressing
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Kidnapping for crypto: Spanish, Danish police smash cross-border gang

Spanish and Danish police dismantle a cross-border gang that kidnapped and killed a crypto holder, underscoring the rise of violent 'wrench attacks.'
Summary
Spanish and Danish authorities arrested suspects after a Málaga couple was abducted for access to their crypto wallets, leaving the
BTC-0.57%
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UK to roll out cryptocurrency regulations by 2027 under FCA oversight

The UK's Treasury department hopes to finalize its cryptocurrency regulations by late 2027 by bringing the sector under a regulatory framework that mirrors oversight in traditional markets.
Summary
The UK Treasury plans to finalize crypto regulations by late 2027, bringing the sector under
BTC-0.57%
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Phantom Wallet rolls out on-chain debit card to U.S. users

Phantom Wallet has started rolling out its debit card in the U.S., letting users spend on-chain stablecoins through Apple Pay and Google Pay.
Summary
Phantom has begun early access to its debit card for U.S. users.
The card allows spending from on-chain stablecoin balances.
International
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What broke Ethereum’s Fusaka upgrade? Prysm post-mortem reveals the cause

On December 4, 2025, a Prysm bug reduced Ethereum validator participation to 75%, causing the network to miss 41 epochs and lose 382 ETH in rewards. Quick fixes and client diversity prevented finality loss, allowing normal operations to resume within 24 hours.
ai-iconThe abstract is generated by AI
ETH0.49%
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Ethereum price stalls at $3K as ETH ETFs record $19.4M in outflows

Ethereum spot ETFs recorded $19.41 million in net outflows on December 12 as ETH price stalled near the $3,000 level.
Summary
Ethereum ETFs posted $19.41M in net outflows on December 12 amid mixed fund activity.
BlackRock ETHA saw inflows, but Grayscale and Fidelity outflows dragged totals low
ETH0.49%
BTC-0.57%
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NFT sales plunge 15% to $64.9m, Solana sales jump 44%

According to CryptoSlam data, NFT sales volume has plunged by 15.72% to $64.95 million, down from last week's $77.10 million.
Summary
Bitcoin recovered to $90K and ETH held $3K, but NFTs continued to underperform.
NFT sales plunged 16% to $64.95M as buyer and seller participation collapsed.
N
BTC-0.57%
ETH0.49%
SOL-0.57%
BNB-0.61%
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Bitcoin bulls cheer Pi hackathon as Blind_Lounge wins 75,000 PI

Pi Network's first Open Network hackathon crowned Blind_Lounge and other utility-focused Mainnet apps, highlighting growth but with clear risk disclaimers for users.
Summary
Pi Network's Core Team picked Blind_Lounge as the top Mainnet app, with Starmax and RUN FOR PI taking second and third in
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PI-0.81%
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Bitcoin buyers regain control as Spot Taker CVD flips bullish

CryptoQuant's data indicates Bitcoin buyers are regaining control, with aggressive market buys surpassing sells. This shift, occurring in loss zones for short-term holders, could signal an end to the correction, but sustained accumulation is needed to confirm a trend reversal.
ai-iconThe abstract is generated by AI
BTC-0.57%
ETH0.49%
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Bitcoin bulls risk AI-fueled spillover as bubble fears grow at $90k

Bitcoin's growing correlation with AI stocks and credit leaves it exposed to an AI bubble unwind, but future easing could reignite BTC as liquidity returns.
Summary
Bitcoin's correlation with Nvidia, Oracle and the Nasdaq has risen, making BTC vulnerable to any sharp AI-led risk-off move and c
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Bitcoin nears ‘tyranny of numbers’ moment as quantum hardware matures

The analysis reveals that quantum technology is transitioning from lab experiments to early systems, but scaling to millions of qubits faces engineering challenges. Researchers foresee a decades-long development similar to the early transistor era, with varied readiness across applications.
ai-iconThe abstract is generated by AI
BTC-0.57%
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Bitcoin bulls face deeper pain as Fed’s third rate cut fails to spark bid

Bitcoin extends weakness after the Fed's third rate cut as on-chain data show realized losses at -18%, still far from the -37% capitulation zone seen at past bottoms.​
Summary
The Fed delivered a third straight 25 bps cut to 3.5%--3.75%, with one Trump-appointed official pushing for a
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FSOC drops crypto from systemic risk list as tokenization gains momentum

FSOC removes digital assets from its systemic risk list as U.S. regulators pivot to targeted oversight while tokenization on Solana and wrapped XRP gain traction.
Summary
FSOC's 2025 report drops prior systemic risk warnings on crypto, citing clearer rules and a sharper focus on long-term
XRP-1.14%
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Zcash price jumps 13% to $460 as dynamic fee market and Cypherpunk bids hit supply

Zcash surges 13% to $460 as a dynamic fee proposal, whale accumulation, and Cypherpunk's growing ZEC treasury tighten supply below a key resistance zone.
Summary
Zcash price rallied 13% to $460, with market cap and 24h volume spiking as price decoupled from a largely flat crypto market.
ZEC-4.52%
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World App adds encrypted chat and in-wallet crypto payments in major upgrade

World App has enhanced its features by adding encrypted chat for verified users, virtual accounts for salary deposits, and crypto payment options. It supports over 100 assets and aims to improve identity verification amid rising AI manipulation.
ai-iconThe abstract is generated by AI
USDC0.02%
WLD-1.36%
WBTC-0.67%
ETH0.49%
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