Coin Bureau

🚨 JUST IN: 🇯🇵Japan's banking giant SBI is set to launch a yen-denominated stablecoin in Q2 2026.

👀 KEVIN WARSH OVERTAKES KEVIN HASSETT Polymarket odds now show Kevin Warsh as the lead choice to replace Jerome Powell as Federal Reserve Chair. This comes after reports suggest high-level Trump allies, Wall Street executives, and policy insiders are pushing back against Hassett’s candidacy. On the other hand, Warsh is seen as a more balanced, "market-friendly" candidate with actual Fed experience. This contributes to his lead over other candidates.

🚨 JUST IN: PayPal applies to become a bank in the U.S.

🚨 METAMASK ADDS NATIVE SUPPORT FOR BITCOIN MetaMask users will now be able to buy $BTC directly with fiat, make onchain transfers on the Bitcoin network, and swap to and from BTC using EVM-native assets and SOL

👀 BITWISE'S HYPE ETF NEARS LAUNCH Bitwise updated its Hyperliquid ETF filing with the 8-A form, a 0.67% fee, and ticker "BHYP". These steps usually mean the $HYPE ETF is launching very soon.

🚨 DBS BANK HAS $500 MILLION IN ETH! On-chain data shows Singapore’s largest bank, DBS, received 2,000 ETH ($6.27M) from Galaxy Digital today. DBS now holds 158,770 ETH ($499M) and 7,861 BTC ($706.5M), per The Data Nerd.

🚨 DOHA BANK GOES PRIVATE BLOCKCHAIN Doha Bank has completed a $150 MILLION digital bond using Euroclear’s regulated DLT, marking that big institutions still prefer permissioned, compliant ledgers over public blockchains for tokenized debt.

‼️ BITTENSOR HALVING DAY: EMISSIONS SLASHED FROM 7,200 TO 3,600 $TAO/DAY! Bittensor just underwent its first major supply shift since launch. The halving will see less TAO issued into subnet liquidity pools, squeezing low-utility subnets & boosting real value creators.

🚨 BREAKING: CIRCLE ACQUIRES INTEROP LABS Circle has signed an agreement to acquire the team and intellectual property from Interop Labs, the initial developer of the Axelar Network. The Interop Labs team will join Circle, while the Axelar Network, Axelar Foundation, and AXL token will remain independent, open-source, and community-governed.

⚡️ JUST IN: CME GROUP TO LAUNCH SPOT-QUOTED XRP AND SOL FUTURES The launch expands CME's cryptocurrency offerings, complementing its existing Spot-Quoted Bitcoin and Ether futures.

⚠️ ALERT: $217 MILLION LIQUIDATED IN THE PAST HOUR A total of $217.1M was liquidated, with $207.24M from longs and $9.59M from shorts.

👀 BITCOIN SHORT-TERM HOLDERS ARE SELLING AT A LOSS The STH SOPR is still below 1 (now ~0.99), meaning recent buyers are selling $BTC for less than they paid.

📊 DATS ARE STILL BUYING CRYPTO! Digital asset investment products saw $864M in inflows last week, marking the third STRAIGHT week of inflows as investors remain cautious but increasingly optimistic.

🚨 STRATEGY BUYS MORE BITCOIN! Strategy has acquired 10,645 $BTC for $980.3 million at an average price of $92,098 per Bitcoin. They now hold 671,268 BTC worth about $50.33B

📇 DePIN 2025: Beyond the Price Chart DePIN token prices are down over 90% from last year’s highs, but onchain data tells a different story: sector-wide fees have surged 3.3× since last year, with DePIN accounting for ~20% of all fee-generating crypto protocols.. Essentially, DePIN uses blockchain incentives to get people and businesses to build and run real-world infrastructure such as wireless networks, storage, compute, energy— together, without relying on a single company to do it all. Much like DeFi reimagined finance, DePIN is reimagining how physical and digital infrastructure is built and owned. 📊 DePIN Trends in 2025 On a multi-year basis, the sector continues to be one of crypto’s fastest-growing categories. > Fees hit new highs: Q4 2025 fees are on track for $76M, with full-year fees nearing $240M (~3.3× YoY growth). > Leading monetization driver: DePIN accounts for ~20% of crypto projects reporting onchain fees in 2025. > Volatile Revenue: Many networks saw revenue pressure, with a 27% QoQ decline in fees across several projects. > Valuations normalize: Median price-to-fee ratios fell to 106× from 211× in Q3, bringing leading DePINs closer to DeFi-like multiples. > Sustained Institutional Interest: Major raises from Daylight Energy ($75M), Hivemapper ($32M), and Grass and 375ai ($10M each) indicate the sector’s strong capital formation despite revenue volatility. 🔍 NETWORK INSIGHTS 🌐 Helium: DePIN at Consumer Scal Helium remains the most mature and widely adopted DePIN network. Its decentralized wireless network provides IoT and cellular connectivity through a community-owned hotspot model and now serves over 1.4 million daily active users. In 2025, Helium’s growth accelerated sharply: 📞 Mobile subscribers rose from roughly 132,000 in January to over 460,000 by Q3, while daily users climbed 35% quarter-over-quarter to 1.2 million. 💵Economically, Helium strengthened its model by burning 100% of Helium Mobile subscriber revenue, driving annualized burn-based revenue to $18.3 million. 📶 With over 384,000 hotspots deployed globally and expanding carrier partnerships, Helium is operating at real consumer scale with sustainable demand. 🤖 peaq: Powering the Machine Economy peaq is a Layer-1 blockchain purpose-built for DePIN, robotics, and machine-to-machine economies. Designed for high throughput and low fees, peaq enables autonomous machines to transact, coordinate, and generate onchain value. In 2025 peaq: 📈 Market cap rose 69% quarter-over-quarter to $129 million, reflecting growing interest in the robotics and DePIN narrative. 💱They launched the first ever DEX for the Machine Economy, MachineX, which has since generated $29 million in cumulative volume. ⌛ Onchain activity eased as early incentives paused, but upcoming infrastructure upgrades position peaq for renewed growth with machine-driven DePIN use cases only maturing. #⃣ Filecoin: Consolidation and Efficiency Filecoin continues to anchor decentralized storage within the DePIN ecosystem. In 2025, the network shifted from raw capacity expansion toward efficiency and higher-quality data. 📀 Active storage held steady at 1,110 PiB, while utilization increased from 32% to 36% as total capacity declined amid miner consolidation. 🔼Network fees rose 14% QoQ to ~$793K, driven mainly by higher penalty fees following protocol upgrades enforcing stricter standards. 📉 FIL market cap slipped modestly to ~$1.5B, while enterprise and research adoption remained stable, with large, verified datasets continuing to be on boarded. As 2025 comes to an end, DePIN is gaining real-world traction and funding momentum, positioning the sector for what the World Economic Forum sees as a $3.5 trillion opportunity by 2028.

🚨 JUST IN: Trump family-backed Bitcoin miner American Bitcoin Corp added 261 $BTC, bringing total holdings to 5,044 $BTC. The firm now ranks #21 on the Bitcoin Treasury List.

🚨 CHINA'S MINING SHUTDOWN HIT BITCOIN HASHRATE Bitcoin network's hashrate dropped by ~100 EH/s yesterday, per WuBlockchain. Over 400,000 mining rigs reportedly went offline after mining farms in Xinjiang, China shut down.

⚡️ JUST IN: VISA LAUNCHES STABLECOINS ADVISORY PRACTICE! Visa is launching a consulting service aimed at helping fintechs, banks, and businesses develop strategies, technologies, operations, and implementations for stablecoins. Its list of clients already includes Navy Federal Credit Union, VyStar, and Pathward

⚡️ JUST IN: JP MORGAN LAUNCHES TOKENIZED CASH ON ETHEREUM JP Morgan rolled out JPM Coin ($JPMD) on Ethereum’s Base L2, offering institutions 24/7 instant settlement using tokenized bank deposits.