New York brokerage Clear Street is preparing an IPO that could value the firm at $10–12 billion, the Financial Times reports. The plan follows its emergence as a major underwriter for crypto treasury deals.
Turkish exchange Paribu has bought CoinMENA for $240 million, gaining regulatory licenses in Bahrain and Dubai and direct access to the MENA region’s fast-growing crypto user base.
Stablecoin balances on Solana climbed to a record $16.2 billion, marking new highs in on-chain dollar liquidity. The spike arrives as the IMF issues fresh warnings about stablecoin vulnerabilities and broader financial-stability risks.
Ethereum surged past $3,100 after a short consolidation, extending a rally that reclaimed $3,000 last week. Traders now point to a $5,000 technical target if momentum holds.
The Dogecoin team announced a major adoption milestone for DOGE in a tweet on December 5, 2025, highlighting growing uptake of the meme currency. The update underscores continued community and real-world interest in the token.
Cloudflare suffered a brief outage on Dec. 5 that left major sites and apps — including the White House, the Federal Reserve and several crypto exchanges — unreachable. Service was restored within 10 minutes, a much quicker recovery than the extended disruption on Nov. 18.
FINRA found that the share of Americans holding crypto was essentially unchanged from 2021 to 2024, but fewer investors say they plan to buy more or enter the market for the first time. The trend points to weakening risk appetite among US retail investors.
Europol announced coordinated December raids that dismantled a €700 million “crypto spiral,” disrupting widespread illicit flows across Europe. Authorities say the operation now moves into an enforcement phase focused on asset tracing and recovery.
Connecticut’s Department of Consumer Protection issued cease-and-desist orders on Dec. 4, 2025, accusing Robinhood, Crypto.com and Kalshi of offering unlicensed sports betting. The action underscores rising state enforcement against crypto-linked gambling and consumer risk concerns.
Mike Brock, a former executive at Jack Dorsey’s Block (Cash App), wrote that "Bitcoin will fail" and called it "a lie," puncturing a recent market rally. His remarks have reignited debate about Bitcoin's fundamentals and investor sentiment.