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Binance has announced it will list BREVUSDT perpetual futures on its pre-market at 10:45 a.m. UTC today. The contract will support up to five times leverage.

The story-based Unleash Protocol has suffered a hack resulting in losses of $3.9 million, blockchain security firm PeckShield reported on X. The attacker bridged the stolen funds to Ethereum and subsequently deposited them into the crypto mixer Tornado Cash.

Russia's Ministry of Justice is proposing to strengthen criminal penalties for illegal cryptocurrency mining, according to Wu Blockchain. Under the proposed amendments, violators could face fines of up to 1.5 million rubles (approximately $16,800) or up to two years of forced labor. In cases involving large-scale profits or links to organized crime, penalties could include up to five years in prison.

A total of 368 institutions worldwide hold over $185 billion (268 trillion won) in cryptocurrency, according to Santora, formerly IntoTheBlock. Corporations account for 73% of these holdings.

Cryptocurrency analyst Ali Martinez, who has approximately 164,000 followers on X, has projected that XRP could fall to $0.80. He explained that on-chain activity on the XRP Ledger has sharply contracted, with daily active addresses recently dropping from 46,000 to 38,500, suggesting a decline in network participation and interest. Martinez also noted that on-chain data indicates whales have become sellers, offloading more than $40 million in XRP over the past few days. He concluded that if this downward pressure continues, XRP could lose its key support at $1.77, and a break below that level could lead to a decline toward $0.80.

Crypto trader Mister Crypto, who has approximately 143,000 followers on X, stated that according to on-chain data, Ethereum (ETH) whales have been buying the asset since the second half of 2025, while retail investors have been selling. He added that investors should follow the flow of smart money, referring to the whales. CoinNess previously reported that Ethereum whale addresses have accumulated around 120,000 ETH since Dec. 26. Currently, wallets holding more than 1,000 ETH control approximately 70% of the total ETH supply, a proportion that has been increasing since the end of 2024.

Most altcoins will not survive through 2026, according to crypto trader Michaël van de Poppe. In a report by BeInCrypto, van de Poppe warned that the assumption of an inevitable recovery for all altcoins is dangerous, noting that the past year has been harsher for most than 2022. He suggested that a major consolidation could begin next year, driven by failed tokenomics, poor financial management, and excessive price declines. However, van de Poppe stated that exceptions will exist, with projects showing a large disparity between fundamentals and price likely to survive long-term. He identified projects with rising on-chain activity, expanding Total Value Locked (TVL), growing trading volume, and increasing fee revenue—despite falling prices—as having a high probability of long-term success. He cited Arbitrum (ARB), Aave (AAVE), and Near Protocol (NEAR) as examples, adding that Arbitrum's ecosystem has grown by 200% even as its price has hit new lows.

South Korea’s Financial Services Commission (FSC) is pursuing strict new regulations to overhaul the governance structure of the country's four largest virtual asset exchanges, KBS reported. The measures are reportedly part of the forthcoming second phase of virtual asset legislation, which also covers stablecoin issuance requirements and market legalization. The FSC stated that there is an issue with a small number of founders and shareholders exercising excessive control over exchange operations. To address this, the commission plans to establish a major shareholder eligibility review system comparable to the one for Alternative Trading Systems (ATS) under the Capital Market Act. The FSC has proposed limiting a major shareholder's ownership stake to between 15% and 20%. If the government's plan is implemented, it could directly impact Dunamu, the operator of the Upbit exchange. Dunamu Chairman Song Chi-hyung holds a stake of around 25%, meaning he would be forced to sell up to 10% of his shares. The regulatory push comes as Dunamu is pursuing a de facto merger with Naver Financial through a comprehensive stock swap, raising the possibility that the proposed cap could become a significant variable in the deal.

Institutional investors are increasingly extending options strategies, once primarily used for Bitcoin, to the altcoin market to manage price volatility and generate additional returns, CoinDesk reported, citing crypto derivatives trading firm STS Digital. The firm explained that institutions are now applying various strategies to altcoins, such as covered calls, which involve buying an asset while selling a corresponding call option. Other tactics include selling put options to bet against sharp downturns, hedging downside risk, and buying call options to prepare for a potential rally. According to STS Digital, investors are adopting these strategies to control their exposure while minimizing the risk of forced liquidations, such as the event that triggered a price crash on Oct. 10.

Demand for stores of value and a clearer regulatory environment are expected to drive a cryptocurrency bull market next year, according to Zach Pandl, head of research at U.S. digital asset manager Grayscale. In an appearance on CNBC, Pandl stated that macroeconomic factors remain the most powerful investment driver, Cointelegraph reports. He explained that concerns over rising government debt, persistent fiscal deficits, and the devaluation of fiat currencies are pushing investors to seek alternatives to traditional assets. Pandl noted that this environment is fueling demand for Bitcoin, which is increasingly seen as a store of value. He added that while there is still progress to be made, the regulatory environment for crypto-related businesses has improved significantly, which could also positively impact the market.

According to CoinNess market monitoring, BTC has risen above $88,000. BTC is trading at $88,004.42 on the Binance USDT market.

South Korean crypto exchange Upbit has announced it will temporarily suspend deposits and withdrawals for all digital assets on the Ethereum (ETH) network to support an upcoming hard fork. The suspension is scheduled to begin at 11:00 p.m. UTC on Jan. 6.

The following are the 24-hour long/short ratios for BTC perpetual futures on the top three global crypto futures exchanges by open interest: Overall: 50.04% long, 49.96% short 1. Binance: 49.97% long, 50.03% short 2. OKX: 47.84% long, 52.16% short 3. Bybit: 49.42% long, 50.58% short

South Korean crypto exchange Bithumb announced that it has placed Bonfida (FIDA) on its delisting watchlist. According to the exchange, the designation follows a comprehensive review that identified multiple deficiencies in the project's disclosures on key information, including its business plan, as well as in the actual progress of its business operations.

South Korean crypto exchange Coinone announced that it has added Trust Wallet Token (TWT) to its delisting watchlist. Deposits for TWT will be suspended starting at 7:00 a.m. UTC on Dec. 30.

Metaplanet, a publicly listed Japanese company that holds Bitcoin as a key treasury asset, announced the purchase of an additional 4,279 BTC. The company now holds a total of 35,102 BTC, worth approximately $3 billion.

Selling pressure from Bitcoin long-term holders (LTHs) has paused for the first time in approximately six months, while Ethereum whales are accelerating their accumulation. According to Cointelegraph, crypto influencer Ted Pillows stated, citing CryptoQuant data, that the halt in selling by LTHs—the first since July—could signal a potential short-term rebound. Holdings by LTHs, defined as wallets holding BTC for over 155 days, declined from 14.8 million BTC in mid-July to 14.3 million in December, but the sell-off has slowed significantly. Conversely, the crypto newsletter Milk Road reported that Ethereum whale addresses have accumulated around 120,000 ETH since Dec. 26. Wallets holding over 1,000 ETH now control about 70% of the total supply, a share that has been rising since the end of 2024.

A Bitcoin OG, an early, long-term holder, deposited 112,894 ETH, worth approximately $330 million, to Binance about 10 minutes ago, according to Onchain Lens. The sending address, identified as “1011short” and beginning with 0x99E1E, currently holds a five-times leveraged long position in BTC, ETH, and SOL on Hyperliquid and is facing an unrealized loss of $50 million. Deposits to exchanges are typically interpreted as a potential precursor to selling.

Lighter, a decentralized perpetual futures exchange, announced on X its plan to launch a native token, LIT. The token will be distributed equally among the project's ecosystem, team, and investors.

Whale Alert reported that 77,385 ETH has been transferred from an unknown wallet to Binance. The transaction is valued at about $228 million.

Binance has announced it will delist 14 isolated and cross margin trading pairs at 6:00 a.m. UTC on Jan. 6. According to an official notice, the affected pairs include BCH/FDUSD, TAO/FDUSD, AVAX/FDUSD, LTC/FDUSD, SUI/FDUSD, ADA/FDUSD, and LINK/FDUSD.

An address believed to belong to the hacker behind the exploits of DeFi platforms Indexed Finance and KyberSwap has sold over $2 million in cryptocurrency after approximately one year of dormancy, Crypto Briefing reported, citing on-chain analytics firm Lookonchain. Over the past eight hours, the wallet sold off holdings of UNI, LINK, CRV, and YFI. U.S. prosecutors have previously identified Canadian national Andean Medjedovic as the perpetrator behind the 2021 Indexed Finance hack and the 2023 KyberSwap exploit. He was indicted for stealing an estimated $65 million from the two incidents and remains a fugitive.

An address presumed to belong to crypto venture capital firm Maven 11 deposited 10 million ENA, worth approximately $2.05 million, to Binance about 20 minutes ago, on-chain analyst The Data Nerd reported. The address received 18.18 million ENA ($4.48 million) last month through a vesting schedule and had previously deposited 3.68 million ENA to the exchange.

U.S. spot Ethereum (ETH) ETFs recorded $9.63 million in net outflows on Dec. 29, marking the fourth consecutive day of net outflows, according to data compiled by Trader T. BlackRock's ETHA saw net outflows of $13.28 million, while Fidelity's FETH experienced net inflows of $3.65 million. No net flows were reported for the remaining ETFs.

U.S. Bitcoin spot ETFs experienced a net outflow of $19.31 million on Dec. 29, extending their withdrawal streak to a sixth consecutive trading day, according to data from Trader T. The outflows were primarily driven by Invesco's BTCO ($10.41 million), BlackRock's IBIT ($7.94 million), and Ark Invest's ARKB ($6.66 million). In contrast, Fidelity's FBTC was the only exception, attracting a net inflow of $5.70 million. All other ETFs reported zero net flows.