unfolded.

Stablecoin transaction volume surged to $1.4 trillion in October, marking a new high — link

Crypto exchange Kraken raises $200 million from Ken Griffin’s Citadel to notch $20 billion valuation — link

Cloudflare global network outage hits multiple crypto front-ends in widespread disruption — link

Tether makes strategic investment in Ledn to expand Bitcoin-backed lending market — link

Exchange-held supply continues to decline — about 1.5% of BTC and 18% of ETH has moved off exchanges — as both assets flow into ETFs and DATs, reinforcing the shift from liquid venues to institutional custody — link

Mt. Gox moves $956 million worth of Bitcoin to unmarked wallet address: Arkham — link

El Salvador discloses largest single-day BTC purchase of $100 million as Bitcoin dips lower — link

AMINA becomes first international banking group to offer comprehensive crypto trading with custody access in Hong Kong — link

The number of Bitcoin whales—wallets that possess more than 1,000 Bitcoin—is gradually declining. In contrast, the retail cohort, consisting of those who hold less than one token, has seen an uptick — link

White House reviews proposed IRS rule to tax Americans' foreign crypto accounts — link

Cboe Futures Exchange to Offer Trading in Continuous Futures for Bitcoin and Ether on December 15

Bitcoin's market depth — the market’s capacity to absorb large trades without suffering big price swings — has fallen roughly 30% from this year’s high — link

BitMine's ETH holdings reached 3.6 million after acquiring 54,156 tokens over the past week — link

STRATEGY BUYS ANOTHER 8,178 BITCOIN FOR $835.6 MILLION

1inch introduces DeFi shared liquidity model 'Aqua' — link

Digital asset ETPs saw $2bn in outflows last week, driven by monetary policy uncertainty and crypto-native whale selling — link

Japan moves to reclassify crypto and adopt major tax relief: report — link

Tether eyes €1bn funding deal with AI robotics start-up Neura — link

Jack Dorsey's Cash App enables Bitcoin Lightning and stablecoin payments — link

The correlation between BTC and the Nasdaq-100 remains high at ~0.8; however, BTC reacts more significantly to Nasdaq losses than to gains. This negative performance skew is now at levels last seen in late 2022, yet we are currently sitting near all-time highs. Historically, this kind of negative asymmetry does not typically appear near market tops but rather surfaces near bottoms — link