Author: CryptoHoppers

TLDR: Six major Japanese asset managers are planning crypto-asset investment trusts. The FSA appears ready to approve these crypto-incorporating funds. SBI’s team may create a trust with Bitcoin, Ethereum, or a crypto basket. These trusts could bring crypto access to both retail and institutional investors. Japan’s financial landscape may be on the cusp of a major crypto shift. Six of the country’s largest asset managers are reportedly exploring the launch of the first Japanese investment trusts that include crypto assets.  The initiative comes as the Financial Services Agency (FSA) appears poised to greenlight virtual-currency investment trusts. Institutional and retail investors…

Billionaire investor and Bridgewater Associates founder Ray Dalio told CNBC’s Squawk Box on Thursday that his crypto exposure sits at “a small percentage” and that it’s been that way for years. “I’ve had it forever, like 1% of my portfolios,” Ray told the anchors during the morning broadcast. He made the remarks as Bitcoin traded under $88,000, continuing a week-long slump that’s rattled some leveraged longs. According to CNBC, Ray made it clear that Bitcoin isn’t ready to compete as a reserve asset. He warned that it still faces serious long-term problems. When asked whether it could eventually rival gold…

TLDR:  Banks can now hold crypto for gas fees under OCC guidance, granting institutions direct on-chain operational access. Interpretive Letter 1186 allows native tokens for testing authorized blockchain systems in controlled environments. Paul Barron noted banks no longer need intermediaries for gas fees, improving operational efficiency. The OCC outlined limits requiring safe practices and legal compliance for all approved crypto activities. The Office of the Comptroller of the Currency confirmed a new policy that allows US banks to hold crypto for paying blockchain gas fees. The move outlines when banks can use assets like Bitcoin or Ethereum for network charges…

Key Takeaways Nvidia’s $57B quarter beat estimates, but its stock dropped nearly 2% Thursday, fully retracing a 6% post-earnings rally The reversal hit broader markets, with Tesla, Google, and Bitcoin all erasing gains, raising concerns over the strength of the AI trade Share this article Nvidia erased all of its post-earnings gains Thursday, falling nearly 2% despite reporting a blowout quarter the day before. The stock had surged more than 6% in after-hours trading Wednesday after the company beat expectations with $57 billion in revenue, up 62% year-over-year, driven by soaring demand for its AI data center chips.Sales from that…

Key NotesSolana’s staking ratio rose to 67.3% with 6.3% APY returns, creating supply tightness despite price weakness.Bitwise leads active Solana ETFs with $388.1M in holdings while all issuers benefit from SEC-approved staking rewards.Technical indicators show SOL near oversold levels with support at $124 and resistance at the $146.39 mid-band region. Solana SOL $132.0 24h volatility: 5.9% Market cap: $73.15 B Vol. 24h: $5.48 B price declined 4% to $134 on Nov. 19, pressured by broader market turbulence. The retracement came as asset manager 21Shares launched its SOL ETF (TSOL) on the CBOE during the morning session, joining Fidelity, Grayscale, Bitwise,…

Key Takeaways Bitcoin fell below key cost-basis levels, signaling potential market weakness. ETF products are seeing outflows, removing a significant source of demand for Bitcoin. Share this article Bitcoin fell below critical cost-basis levels today as the digital asset faces pressure from declining ETF demand and weakened spot market activity.Bitcoin ETFs, investment vehicles that provide exposure to Bitcoin’s price through regulated spot products, are experiencing steady outflows that have removed a key source of market demand.The combination of weak spot demand and ongoing ETF outflows has contributed to Bitcoin breaching important cost-basis thresholds that traders use to gauge market health.Derivatives…

TLDR: Senate plans markups next month as committees finalize crypto market structure revisions. New bipartisan drafts reshape CFTC and SEC oversight across digital asset rules. The merged bill heads to a Senate vote before returning to the House for approval. Shutdown delays pushed the CLARITY Act timeline into early 2026, per reporting. The crypto market structure debate picked up speed after new details emerged from Capitol Hill. Senator Tim Scott outlined a fresh timeline that places committee action on the bill next month.  His update confirmed that the Senate aims to move its version to the floor early next year.…

Ethereum Foundation researchers are working on a new way to make Ethereum’s diverse Layer 2 ecosystem “feel like one chain.”On Tuesday, coinciding with the Devconnect conference in Argentina, the EF’s Account Abstraction team published a blog post outlining new details for the upcoming Ethereum Interop Layer, first floated in August.”What if all the L2s felt like a single, unified Ethereum? No bridges to think about, no chain names to recognize, no fragmented balances or assets,” foundation research Yoav Weiss wrote. “That’s the vision of the Ethereum Interop Layer (EIL): making Ethereum feel like one chain again — while preserving the…

Forecast and calculate your crypto taxes quickly with the best software for crypto taxes. This roundup features the most user-friendly crypto tax tools, from  simple calculators to advanced platforms for analyzing your transactions. 5 reasons you need a crypto tax tracker The US, UK, EU, and Canada are tightening reporting rules, so staying compliant is getting harder. Crypto tax calculators save huge amounts of time by importing your data automatically.  Accuracy and transparency protect you from compliance issues and audits. If you move assets across borders, you’ll want a tracker with strong international coverage. Crypto taxes in different countries United…

Key Takeaways Sonnet BioTherapeutics has adjourned its special meeting to allow more time to secure shareholder votes for its proposed merger with Hyperliquid Strategies and Rorschach I LLC. While over 95% of votes cast favor the deal, the company has not yet reached the required majority of all outstanding shares. Share this article Sonnet BioTherapeutics has adjourned its special shareholder meeting on the proposed merger to form a $1 billion crypto treasury firm focused on Hyperliquid’s native token, HYPE.The postponed business combination would merge Sonnet with Hyperliquid Strategies Inc. and Rorschach I LLC, creating a new digital asset treasury company…