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South Korean exchange Upbit has announced via its official website that it will change the name and logo of Stratis (STRAX) to Xertra, following the project's rebranding.

Bybit announced via its official X account that it will list ALMANAK for spot trading.

OKX has announced that it will delist the KITE/USDT perpetual futures trading pair at 8:00 a.m. UTC on Dec. 8.

Andrei Grachev, co-founder of the crypto market-making firm DWF Labs, stated on X that the world continues to underestimate the future of both Bitcoin and the broader cryptocurrency industry. He pointed to several bullish indicators, including regulation, the influx of institutional investors, reserves, and tokenization. Grachev added that while making predictions has become more complex than in the past, investing from a mid-to-long-term perspective is now much easier.

Bybit has entered a strategic partnership with USDC issuer Circle to promote the use of the stablecoin across its spot and derivatives offerings, Wu Blockchain reported. The collaboration will also focus on developing cross-chain liquidity and institutional-grade financial solutions. Additionally, Bybit plans to participate in the public testnet for Circle's blockchain network, Arc, to contribute to stablecoin infrastructure development.

Philippine digital bank GoTyme has launched a cryptocurrency service in the Philippines through a partnership with U.S. fintech firm Alpaca, Cointelegraph reported. The new service allows users to buy and hold 11 cryptocurrencies, including BTC, directly within the GoTyme banking app.

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: 50.23% long, 49.77% short 1. Binance: 50.72% long, 49.28% short 2. OKX: 50.82% long, 49.18% short 3. Bybit: 50.59% long, 49.41% short

The approval of spot cryptocurrency ETFs in South Korea within the year is now effectively off the table due to delays in amending the Capital Markets Act, Electronic Times Internet reported. While four related amendment bills are currently pending, an analysis suggests that bringing digital assets under a regulatory framework has been deprioritized as policymakers focus on reorganizing South Korea’s Financial Services Commission and Financial Supervisory Service, as well as on government measures to stimulate the stock market.

Coinbase has resumed services in India after a two-year hiatus prompted by regulatory issues, TechCrunch reported. Currently, Indian users can only conduct crypto-to-crypto trades. The exchange plans to support cryptocurrency purchases with fiat currency starting next year.

Decentralized exchange Hyperliquid announced that USDC is now directly connected to its Hypercore and HyperEVM layers. This change allows users to deposit native USDC directly into Hypercore. Consequently, the platform's existing Arbitrum bridge will be deprecated, and all USDC will be natively issued.

Binance announced it has obtained a full suite of licenses from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), becoming the first digital asset trading platform to do so. The exchange plans to operate in Abu Dhabi through three separate licensed entities: an authorized investment exchange, an authorized clearing house, and a broker-dealer.

JPMorgan Chase CEO Jamie Dimon has denied that the bank has ever restricted services for clients based on their political affiliations. In an interview with Fox News, Dimon acknowledged that JPMorgan does engage in de-banking across both Democratic and Republican clients, but stressed that political affiliation is never the reason. He added that he personally dislikes the practice and supports the Trump administration's efforts to change the rules surrounding it. Dimon's remarks follow claims from several figures in the cryptocurrency industry, including Trump Media CEO Devin Nunes and Strike CEO Jack Mallers, who have alleged that JPMorgan de-banked them without prior explanation.

The latest National Security Strategy document released by U.S. President Donald Trump makes no mention of cryptocurrency or blockchain, Cointelegraph reported. The strategy identifies AI, biotechnology, and quantum computing as key areas of national interest. However, the document does include a plan to expand U.S. financial dominance through digital financial innovation, which has been interpreted as an indirect reference to the crypto industry.

An address believed to belong to Bitcoin investment firm Twenty One Capital has transferred 43,122 BTC, worth approximately $3.94 billion, to a new address beginning with 3MEa4s, according to Lookonchain. Twenty One Capital currently holds 43,514 BTC, making it the third-largest corporate holder of the cryptocurrency after Strategy (MSTR) and MARA Holdings (MARA), excluding spot ETFs.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $111 million liquidated (56.95% longs) - ETH: $182 million liquidated (67.15% longs) - SOL: $23.42 million liquidated (76.85% longs)

The IOTA Foundation, a non-profit organization established in 2017, develops and operates the IOTA distributed ledger technology (DLT) project with a focus on real-world industrial applications. The project has gained attention for its specialized strategy of digitalizing global trade and logistics, moving away from the broader competition among general-purpose Layer 1 blockchains. Recently, IOTA has expanded its use cases by partnering with the Kenyan government and the African Continental Free Trade Area (AfCFTA) to build digital trade infrastructure across Africa. CoinNess spoke with IOTA Foundation co-founder Dominik Schiener about the challenges in global trade and the project's technological and strategic solutions.

Dan Romero, founder of the decentralized social media platform Farcaster, announced a strategic pivot away from a social-centric approach to focus on wallets. In a post on his Farcaster account, Romero stated that the social-focused strategy attempted over the past four and a half years has not been effective. He noted that with a steady increase in wallet users, the platform will now concentrate its efforts in that area. Romero added that Farcaster aims to build a more accessible wallet, viewing all new and retained wallet users as new additions to the protocol. Consequently, future features and product positioning will be wallet-centric. He also mentioned that users who disagree with this new direction are free to use other clients or develop new ones.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for dYdX (DYDX) at 9:30 a.m. UTC on Dec. 8 due to a network upgrade.

U.S.-based stock and crypto trading app Robinhood is set to acquire Indonesian crypto trading firm Pedagang Aset Kripto to expand its presence in the local market, CNBC reported. The acquisition is expected to be finalized in the first half of next year.

According to CoinNess market monitoring, BTC has risen above $91,000. BTC is trading at $91,012 on the Binance USDT market.

A coalition of seven Chinese financial associations, including the China Internet Finance Association, issued a warning on Dec. 5 against participating in or supporting transactions involving the tokenization of real-world assets (RWA). According to the Xinhua News Agency, the groups stated that all cryptocurrency-related business activities—including stablecoins, airdrops, mining, and RWA tokenization—are illegal in China. The associations emphasized that virtual assets do not hold the same legal status as fiat currency and cannot be used as a means of circulation. This warning follows a previous announcement by the People's Bank of China regarding a strict crackdown on illegal activities involving virtual assets such as stablecoins.

Bittensor (TAO) is scheduled to undergo its first halving event on Dec. 14, which will reduce its daily issuance from 7,200 TAO to 3,600 TAO, Cointelegraph reported via its official X account. According to CoinMarketCap, TAO is currently trading at $277.81, down 1.85% over the past 24 hours.

CoinMarketCap's Altcoin Season Index is currently at 18. The index is calculated by comparing the price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins, against Bitcoin. An "altcoin season" is indicated when 75% of these top coins have outperformed Bitcoin over the past 90 days. A score closer to 100 suggests an altcoin season, while the current low figure points to a "Bitcoin season."

According to data from Tokenomist, the major token unlocks scheduled for this week (Dec. 8–14) are as follows: - LINEA: 1.38 billion tokens ($10.75 million), representing 6.76% of circulating supply, at 11:00 UTC on Dec. 10 - APT: 11.31 million tokens ($19.23 million), representing 0.80% of circulating supply, at 16:00 UTC on Dec. 11 - CHEEL: 20.81 million tokens ($10.82 million), representing 2.86% of circulating supply, at 00:00 UTC on Dec. 13

South Korean crypto exchange Upbit has frozen 2.6 billion won ($2 million) in assets linked to fraudulent activity, Financial News reported on Dec. 8. The exchange, operated by Dunamu, is now using its proprietary on-chain automatic tracking service (OTS) to trace the path of the digital assets that were moved off-platform.