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Strive Asset Management is pushing back against MSCI’s latest proposal. The index provider suggested removing companies with bitcoin holdings over 50% of total assets from major equity benchmarks. In a letter to MSCI CEO Henry Fernandez, Strive warned the plan could create uneven results worldwide. Companies report bitcoin differently under U.S. GAAP and IFRS accounting standards. Strive said this could lead to inconsistent outcomes for firms with similar exposure. The Nasdaq-listed firm urged MSCI to rely on optional “ex-digital-asset treasury” index variants instead of redefining eligibility for broad benchmarks. These custom indexes already exist for sectors like energy and tobacco.…
The new fund, TXXS, gives traders 2x daily exposure to SUI.21Shares on Thursday, Dec. 4, listed a new exchange-traded fund (ETF) offering the first-ever leveraged exposure to Sui (SUI) on the Nasdaq. The fund, called TXXS, was recently approved by the U.S. Securities and Exchange Commission (SEC) and gives traders double the daily price movement of Sui without holding the token directly.The ETF is the first product of its kind tied to the Sui ecosystem and arrives as the SEC continues reviewing 21Shares’ separate application for a spot Sui ETF, the firm said in an announcement.SUI, the native token of…
Bitcoin’s recent price movements have brought attention to the $84,000 range, where a large amount of buying activity was recorded. This zone may now act as a key support level as traders assess whether the market has formed a new base. Heavy Accumulation Around $84,400 Data from Glassnode, shared by analyst Ali Martinez, shows that 300,648 BTC were acquired between $84,375 and $84,635 as of December 3, 2025. This level saw the highest concentration of accumulation during the recent pullback, making it a clear area of interest for long-term holders. 300,648 Bitcoin $BTC were accumulated around $84,400, making it a…
In brief The European Commission launched an antitrust investigation into Meta’s policy which blocks AI providers from using WhatsApp’s business tools to offer chatbots when AI is the primary service. Meta’s policy change allows its own Meta AI to remain accessible on WhatsApp while potentially shutting out competitors from reaching customers through the messaging platform. The probe covers the entire European Economic Area except Italy, investigating whether the company violated competition rules prohibiting abuse of dominant market positions. Europe’s competition regulator has opened a formal investigation into tech giant Meta over policy changes that allow the company’s own AI chatbot…
In brief Italy’s financial watchdog cited rising risks from crypto’s deepening ties to mainstream finance and fragmented international oversight. The probe will examine protections for retail investors in both direct and indirect crypto holdings. Experts warn Europe’s tighter supervision will raise compliance costs but offer regulatory certainty and competitive advantages over looser jurisdictions. Italy has opened an “in-depth review” of retail investors’ crypto exposure as digital assets gain traction in mainstream markets and patchwork rules complicate oversight.The Macroprudential Policy Committee, made up of the Bank of Italy’s governor, insurance and pension regulators, and treasury officials, warned Thursday that risks could…
According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Related Reading Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Crowd Mood Shifts To Fear Based on reports from Santiment, its chart tracks XRP’s price against positive and negative comments and a combined sentiment line that aims to measure crowd feeling. Recent readings pushed the balance into what…
A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments.N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company added that its systems have been designed for interoperability with stablecoins, utility tokens, and other digital assets.Signature Bank founder Scott Shay founded N3XT, which will operate under a Wyoming Special Purpose Depository Institution (SPDI) charter and will not offer lending services.Signature Bank was one of three…
Italy’s securities regulator set a firm timetable for applying the European Union’s Markets in Crypto-Assets Regulation (MiCA) in the country, warning that unlicensed crypto platforms face a deadline to either seek authorization or leave the market.The move directly affects virtual asset service providers (VASPs) currently operating under Italy’s regime and the retail investors who use them.In a news release published Thursday, Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) reminded the market that Dec. 30 is the last day VASPs registered with the Organismo Agenti e Mediatori (OAM) can operate under the existing national framework. Italy sets hard…
Cardano is entering a very important phase in its development, as its founding institutions are attempting to deliver the core infrastructure that every major blockchain already treats as standard.On Nov. 27, a new proposal sought community approval to allocate 70 million ADA tokens (worth about $30 million) to onboard tier-one stablecoins, custody providers, cross-chain bridges, pricing oracles, and institutional analytics.The effort is backed jointly by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation, an unusually coordinated coalition for a network often criticized for slow alignment and decentralized drift.The central message behind this collaboration is unmistakable: Cardano wants…
What to Know: Bitcoin’s base layer still struggles with slow transaction times, high fees, and limited programmability, creating a clear gap for scalable infrastructure. As Bitcoin rallies, traders increasingly look for high-beta infrastructure plays tied directly to $BTC’s success rather than disconnected altcoin narratives. Bitcoin Hyper ($HYPER) introduces the first Bitcoin Layer 2 with SVM integration, aiming to deliver Solana-level performance while anchoring value to Bitcoin security. With SVM-based smart contracts and low-latency execution, Bitcoin Hyper targets wrapped BTC payments, DeFi, NFTs, and gaming as core utility drivers. Bitcoin’s rallies make one thing brutally clear: the base layer is still…