Crypto Daily — DeFi, NFT, Web3

From $24 to $29,447 with 11 straight wins. Seems easy. 😁

💰 Fusaka Update is activated on the main Ethereum network — the new upgrade aims to improve the scalability, efficiency, and security of the network.

🪙 Fusaka Update is activated on the main Ethereum network — the new upgrade aims to improve the scalability, efficiency, and security of the network.

🦊 MetaMask presented a new security system extension called «Transaction Shield» — subscribers will receive a guarantee of compensation for losses up to $10 000 per month for all transactions that the system determines as safe.

🇬🇧 United Kingdom has passed a law, which officially recognizes cryptocurrency as a form of property. The largest banks in the United Kingdom launched a pilot project for tokenized deposits in pounds, which will last until mid-2026.

📊 The purchase-to-sale ratio of BTC across all exchanges increased to 1.17 yesterday, reaching the highest level since January 2023, which indicates a clear advantage for buyers. Historically, this means that the current bull cycle is unlikely to be close to completion, although risks remain as before.

🖥 Average cost of mining 1 BTC by public miners in the second quarter of 2025 rose to approximately $74 600. If non-cash expenses — depreciation and payment of employee shares — are considered, the overall average cost rises to $137 800.

🇪🇺 10 largest banks in the European Union plan to launch a stablecoin backed by the euro in the second half of 2026.

💰 Binance appoints Yi He as new co-general director of the company.

🇬🇪 Government of Georgia is implementing blockchain in state registries — plans to test the technology in key government services, including the National Public Registry Agency (NAPR). Earlier Tether signed a memorandum with the government of Georgia on the development of blockchain technologies and the implementation of crypto-innovations in the country.

🕺 Former SEC chairman Gary Gensler stated in an interview that all cryptocurrencies except BTC are high-risk and speculative assets. Gensler noted that Bitcoin is closer to a commodity in terms of regulation, while investors should approach thousands of other tokens with caution.

Tether bought more gold last quarter than every central bank, per FT.

🤖 Tether launched its own framework for training AI models, which allows training large LLMs directly on phones and laptops in a fully decentralized environment. The project's goal is to create a democratic infrastructure for training and serving AI agents, which are trained for specific users and are not dependent on the power of tech giants or cloud storage. The decentralized AI market is rapidly becoming one of the most exciting growth areas.

💰 Tether printed 1,000,000,000 USDT.

🎅 Winter is near — warns The Wall Street Journal. Investors are winding down risky positions, institutions are cooling off toward crypto, and the market is declining not due to crashes, but due to a sober reassessment of risks. Against this backdrop, forecasts of Bitcoin falling to $60,000 are emerging, and MicroStrategy has for the first time admitted to selling part of their BTC, intensifying pressure on the market.

🗽 Bank of America recommends its clients to invest up to 4% of their portfolio in cryptocurrency.

🇯🇴 Jordan revokes the previous ban on cryptocurrency trading, which was introduced due to concerns related to risks and money laundering. The government and the Jordan Securities Commission (JSC) are developing a comprehensive regulatory framework for digital assets, which will be ready by the end of 2025.

🇵🇱 President of Poland rejected the bill on strict crypto market regulation, stating that it threatens citizens' freedoms, their property, and the stability of the state. Main reasons for the veto — the possibility of easy blocking of crypto websites, as well as excessive complexity and "overregulation", which deter business and slow down innovation.

💰 Testing a new privacy protocol called Zero Knowledge Secret Santa (ZKSS) in the Ethereum ecosystem to ensure full anonymity in the exchange of "gifts" through cryptography. It allows hiding who exactly sent and received the transaction, and can become a basis for anonymous voting, private airdrops, and protected DAO systems.</b> In essence, ZKSS creates a mechanism where all participants remain invisible to each other, but the distribution process remains fair and verifiable.</b>

⚒️ Bitcoin miners are experiencing the most difficult period of profitability in history — the November price drop of BTC reduced the profitability of the hash rate from $55/PH/s in the third quarter to $35/PH/s, below the average cost of $44/PH/s for large public mining companies.