Live Feed

We provide real-time cryptocurrency news and market updates around the clock. Our service operates with limited coverage from 3:00 p.m. UTC on Saturday to 10:00 p.m. UTC on Sunday, during which we will only report on major breaking news. Full 24/7 service resumes at 10:00 p.m. UTC on Sunday.

Hollywood director Carl Erik Rinsch, known for the film "47 Ronin," has been convicted of using $11 million in Netflix production funds for cryptocurrency and other high-risk investments, according to DL News. The U.S. Department of Justice stated that Rinsch received the additional funds for his sci-fi drama "White Horse" but transferred the money to a personal account to invest in speculative securities and crypto. The New York Times reported that Rinsch profited from some of these crypto investments in 2021 and that evidence confirmed he had purchased Dogecoin (DOGE). Rinsch was found to have used the funds to buy five Rolls-Royces, one Ferrari, luxury goods, and to cover costs for his divorce proceedings. Prosecutors noted that he squandered the production money on stock options and cryptocurrency gambling. Rinsch was convicted on a total of seven counts, including wire fraud and money laundering, and is scheduled to be sentenced in April 2026.

SOL spot ETFs have recorded seven consecutive trading days of net inflows, despite a recent slowdown in the daily pace of investment, U.Today reported. Cumulative inflows since the products' launch are approaching $700 million. Bitwise's BSOL has attracted the most capital at $608.9 million, followed by Grayscale's GSOL with $97.8 million.

The Bank of Japan (BOJ) is expected to raise its key interest rate by 25 basis points to 0.75% on Dec. 19, a move that would mark its highest level in approximately 30 years, Coindesk reported, citing Nikkei. The potential hike is fueling concerns about a stronger yen and tighter global liquidity. According to Coindesk, market participants believe a potential unwinding of the yen carry trade, spurred by rising Japanese rates and falling U.S. Federal Reserve rates, could exert downward pressure on BTC. After the BOJ raised rates in July 2024, BTC experienced a sharp decline from around $65,000 to $50,000. However, some analysts suggest the impact could be limited this time, noting that long positions in the yen have already accumulated and that Japanese government bond yields have priced in the expected hike.

A coalition of major U.S. banking associations has strongly opposed the Office of the Comptroller of the Currency's (OCC) decision to grant national trust bank charters to cryptocurrency firms, BeInCrypto reported. The banking groups argued that these charters confer a bank-like status without FDIC deposit insurance and allow firms to evade capital and liquidity regulations, which could lead to consumer confusion and regulatory arbitrage. The protest follows the OCC's conditional approval of charters for five companies, including Ripple, Fidelity, Paxos, and BitGo, on Dec. 12. The agency stated that the crypto firms underwent the same rigorous review as traditional banks.

Whale Alert reported that 2,265 BTC has been transferred from Antpool to an unknown wallet. The transaction is valued at about $205 million.

Negotiations in the U.S. Senate over a crypto market structure bill are likely to be postponed until January, as key disagreements remain unresolved ahead of the year-end recess, CoinDesk reported. A draft of the bill is reportedly circulating privately between industry representatives, the White House, Republicans, and Democrats. Major sticking points include conflict of interest and ethics rules for senior government officials, whether to permit interest-bearing stablecoins, and the scope of the SEC's jurisdiction over tokens and DeFi. The White House has reportedly rejected a Democratic proposal for stricter ethics rules, while the industry has drawn a red line on regulations it believes would infringe on DeFi's freedom. Cody Carbone, CEO of the Digital Chamber, stated that both parties are actively negotiating and coordinating on the bill's text, adding that he expects substantial progress to be made starting in early January.

Bitfinex has stated that crypto spot trading volume in the fourth quarter has fallen 66% from its January peak, a trend similar to the lulls seen in past cycles before a subsequent rally, Cointelegraph reported. Separately, regarding the limited market reaction to the Federal Reserve's recent 25-basis-point rate cut and Strategy's $962 million BTC purchase, CoinEx analyst Jeff Ko commented that these developments were already priced in.

The ZeroGravity (0G) Foundation announced via X that an exploit on Dec. 11 resulted in the theft of 520,010 0G tokens. The attacker leveraged the "emergencyWithdraw" function in a rewards distribution contract. The stolen funds were subsequently bridged and laundered through Tornado Cash. 0G attributed the incident to a leaked private key stored on an AliCloud instance. Total losses amounted to 520,010 0G, 9.93 ETH, and 4,200 USDT. The foundation stressed that its core chain infrastructure and general user funds were not affected. In response, the company has revoked and replaced all keys, enhanced security, rebuilt services, and patched the vulnerability. Future plans include implementing a zero-trust security model by migrating to a Trusted Execution Environment (TEE), strengthening multi-signature permissions, and introducing an automated alert system.

American Bitcoin (ABTC), a mining company founded by Eric Trump, son of U.S. President Donald Trump, has announced that its Bitcoin holdings now total 4,931 BTC. This marks an increase of 613 BTC over the past seven days. The company stated that 70 BTC were acquired through mining operations and the remaining 542 BTC were secured through strategic purchases.

Coinbase Institutional has identified a faster-than-expected expansion of liquidity as the key factor that will shape the crypto market in 2026, U.Today reports. The firm noted that the Federal Reserve's increase in reserves could potentially continue until April 2026, describing the recent 25 basis point interest rate cut and U.S. Treasury purchases as a form of "stealth quantitative easing." Coinbase also analyzed that the Fed is shifting from balance sheet reduction to a phase of net liquidity provision. It added that the Fed funds futures market is signaling two rate cuts totaling 50 basis points in the first nine months of 2026, creating a favorable environment for crypto. Meanwhile, Bitwise CEO Hunter Horsley commented that current trends are aligning for a bull market in 2026, adding that the four-year cycle theory has been effectively nullified. He also described 2025 as a bear market that was masked by buying from decentralized autonomous trusts (DATs) and corporations adding Bitcoin to their treasuries.

According to data from Coinglass, centralized exchanges (CEXs) experienced a total net outflow of 425.22 BTC over the past 24 hours. The three exchanges with the largest net outflows were Coinbase Pro (-1,119.30 BTC), Binance (-862.13 BTC), and Bitstamp (-94.85 BTC).

Scott Lucas, Global Head of Digital Assets at JPMorgan, stated at the Solana Breakpoint conference that challenging ideas from the Solana ecosystem often mature into solutions suitable for regulated markets. He noted that innovation arises from the clash of these ideas and broad discussions, emphasizing the value of directly hearing from the industry and absorbing its energy.

According to a CoinNess analysis, Merlin Chain (MERL) has risen 17% over the past 24 hours, entering the top 100 cryptocurrencies by market capitalization on CoinMarketCap. The token briefly surpassed $0.44 on OKX and is currently trading at $0.436.

An Ethereum developer has proposed ERC-8092, a new standard for authenticating relationships between cross-chain accounts using cryptographic signatures. The proposal, which is currently in the draft stage, would allow two blockchain accounts to publicly declare, prove, and revoke their relationship through a cryptographic signature payload.

Hong Kong's Financial Services Development Council (FSDC) has announced a 10-year plan to develop real-world asset (RWA) tokenization products and strengthen its digital financial infrastructure. In a report titled "Hong Kong Capital Market Leadership Strategy," the FSDC stated it aims to develop RWA-related products within the next two to five years, with a long-term goal of overhauling its systems for tokenized issuance and trading. The council also plans to rapidly build out its digital financial infrastructure, including tokenization platforms, smart contracts, and real-time settlement systems.

The cryptocurrency exchange OKX announced it has uncovered a scheme in which several accounts used large amounts of Mantra (OM) as collateral to borrow USDT, artificially inflating the token's price. The exchange stated that after detecting the abnormal trading activity, it requested the account holders take corrective action but they were uncooperative. To prevent further risk, OKX restricted the accounts, which was followed by a sharp drop in the price of OM. The exchange confirmed that its security fund fully covered all losses resulting from the price crash. OKX added that an external analysis indicated the price decline was primarily caused by perpetual contract trading that occurred outside of its platform. The company emphasized that its security fund operated as intended by absorbing the losses. The origin of the accounts' unusually large OM holdings remains under investigation. OKX has submitted its findings to regulatory and law enforcement authorities and is currently involved in several related lawsuits.

The following are the long/short position ratios for BTC perpetual futures over the last 24 hours on the top three global crypto futures exchanges by open interest: Overall: 49.88% long / 50.12% short 1. Binance: 49.16% long / 50.84% short 2. OKX: 48.49% long / 51.51% short 3. Bybit: 49.69% long / 50.31% short

Approximately 5.94 million BTC, representing 29.8% of the circulating supply, is concentrated among institutions, governments, U.S. spot ETFs, and exchanges, according to data from Glassnode. Exchanges hold the largest portion with 2.94 million BTC, followed by U.S. spot BTC ETFs with 1.31 million BTC, publicly traded companies with 1.07 million BTC, and governments with 620,000 BTC.

Nasdaq-listed Bitmine, a company focused on Ethereum investments, purchased an additional 14,959 ETH, valued at $46 million, approximately 10 hours ago, Lookonchain reported.

Whale Alert reported that 2,265 BTC has been transferred from Antpool to an unknown wallet. The transaction is valued at about $205 million.

U.S. spot Ethereum ETFs recorded a net outflow of $19.44 million (28.7 billion won) on Dec. 12, marking the second consecutive day of withdrawals, according to TraderT. An inflow of $23.21 million into BlackRock's ETHA was more than offset by outflows from Grayscale's Mini ETH ($22.10 million) and ETHE ($14.41 million), along with Fidelity's FETH ($6.14 million).

U.S. spot Bitcoin ETFs recorded a total net inflow of $50.41 million on Dec. 12, according to data compiled by TraderT. BlackRock's IBIT was the only fund to experience a net inflow, attracting $52.37 million. Meanwhile, Fidelity's FBTC saw a net outflow of $1.96 million, while all other ETFs reported no net flows for the day.

Whale Alert reported that 2,265 BTC has been transferred from an unknown wallet to Antpool. The transaction is valued at about $205 million.

Over the past 24 hours, the cryptocurrency perpetual futures market has seen significant liquidations, heavily skewed toward long positions. ETH led with $114 million in liquidations, 92.93% of which were longs. BTC followed with $73.77 million liquidated, with long positions accounting for 90.55%. SOL saw $25.24 million in liquidations, with 80.82% from longs.