12h ago
Saturday Top Crypto News
In one short thread…
Yesterday, Ethereum spot ETFs recorded a total net outflow of $93.6 million, marking three consecutive days of outflows.
Bitcoin spot ETFs saw a net inflow of $90.6 million, with no outflows among the twelve funds.
U.S. President Donald Trump has selected Securities and Exchange official Michael Selig as his latest nominee to lead the CFTC, according to a Friday Bloomberg report.
Selig currently serves as chief counsel for the SEC’s crypto task force, and has been a key player behind the agency’s aggressively pro-crypto overhaul during the second Trump administration.
JPMorgan’s latest report says Coinbase’s potential Base token could be worth up to $34 billion, creating a new monetisation path alongside USDC yields and onchain trading…
The bank estimates Base’s market cap between $12B–$34B, with Coinbase likely holding about 40% of supply, worth $4B–$12B in equity value.
Coinbase currently earns around $400M annually from Circle’s USDC reserve interest.
Rumble has partnered with Tether to launch Bitcoin tipping for creators, expected to go live in early to mid-December.
CEO Chris Pavlovski said the feature is in testing, while Tether’s Paolo Ardoino noted it will fully launch after final UX fixes.
Rumble, which has over 51 million monthly users, previously received a $775 million investment from Tether.
Elon Musk’s space exploration company, SpaceX, moved more than $133 million in Bitcoin on Friday, according to blockchain analytics firm Arkham Intelligence.
The firm transferred 1,215 Bitcoin in total to separate addresses, just days after shifting around a similar amount to addresses it controls.
Crypto majors trade at the following levels
BTC 110,400 (up 0.3% in 24 hours)
ETH 3,930 (down 1%)
XRP 2.558 (up 4.8%)
SOL 194.56 (up 0.6%)
Have a great day!
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