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US spot Dogecoin exchange-traded funds (ETFs) are showing early signs of cooling demand, as total value traded (TVT) has fallen to its lowest level since launch. SoSoValue data showed that on Monday, Dogecoin ETFs’ TVT fell to just $142,000, the lowest since launch. This marked a sharp retreat from late November, when the funds saw days where value traded topped $3.23 million.Total value traded refers to the total dollar amount of ETF shares bought and sold over a given period. It serves as a gauge of market activity and practical liquidity, indicating the amount of money that has moved through the…

Ethereum price continued its uptrend today, Dec. 9, its highest point since Nov. 13, and 30% above its lowest level in November. Summary Ethereum price has rebounded in the past few days as demand rose. The token is about to flip the Supertrend indicator from red to green. Ether shorts liquidations rose to over $120 million on Tuesday. Ethereum (ETH) token soared to a high of $3,380 as the crypto market bounced back ahead of the Federal Reserve interest rate decision, scheduled on Wednesday. The coin is rising as market participants boost their odds for a cut. Polymarket and Kalshi…

Stablecoin issuer Circle is developing a privacy-enhanced version of its US dollar-pegged USDC token, aiming to spur institutional adoption by offering greater confidentiality than traditional public blockchains allow.The new stablecoin, called USDCx and targeting banking and enterprise users, is being built in partnership with the privacy-focused blockchain company Aleo, Fortune reported on Tuesday, citing Aleo co-founder Howard Wu.Unlike most existing stablecoins, which have wallet addresses and transaction details fully visible onchain, USDCx is designed to provide “banking-level privacy.” Circle would still be able to provide a compliance record if law enforcement or regulators request information on specific transactions, according to…

Introduction of stricter rules for crypto exchanges in Japan Japan is in the process of introducing significant changes to cryptocurrency regulation following renewed attention to Mt. Gox-related repayment activity in 2024.The Financial Services Agency (FSA) plans to introduce new rules requiring cryptocurrency exchanges to maintain special “liability reserves” to protect customers if their assets are lost due to hacks or unauthorized transfers. The measures aim to bring the cryptocurrency sector closer to the strict standards applied to traditional financial institutions in Japan, one of the world’s most heavily regulated markets.As of Dec. 9, 2025, under the Payment Services Act, registered…

The cryptocurrency industry is approaching its “Netscape moment,” as steady progress in blockchain infrastructure and the rise of regulated investment products drive a new wave of institutional adoption, according to Paradigm co-founder Matt Huang.The crypto sector is “facing its ‘Netscape’ or ‘iPhone’ moment,” Huang wrote Sunday in a post on X. “It’s working bigger than ever before, far beyond our wildest dreams. Both the institutional parts and the cypherpunk parts.”Netscape launched the first easy-to-use web browser for mainstream users in 1994 before going public with a successful initial public offering (IPO) in August 1995, marking the first building block that…

Prediction markets are emerging as a new battleground in the crypto economy, where the best-informed traders are competing against casual retail bettors for profits.Most users are behaving more like sports bettors than disciplined traders, according to a Tuesday report from research firm 10x Research, which said they are trading “dopamine and narrative for discipline and edge.” It added: “Accuracy and profit are driven not by the crowd, but by a tiny, informed elite who price probability, hedge exposure, and extract premium from retail-driven longshots.”The rising liquidity and retail participation are incentivizing professional trading desks to increase their prediction market activity…

Non-fungible tokens (NFTs) have fallen to their lowest monthly sales volume this year, with digital collectibles declining by over 66% in market capitalization from their January highs. CryptoSlam data shows that NFT sales declined to $320 million in November, about half of the $629 million recorded in October. The drop pulled the monthly volumes back to levels not seen since September 2024, when digital collectible sales hit $312 million. The data also shows that from Dec. 1-7, NFTs generated $62 million in sales, marking the weakest weekly total of 2025. The slow start to December suggests that the downturn may persist through…

Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a researcher at Paradigm.“It turns out almost every major dashboard has been double-counting Polymarket volume not related to wash trading,” said Storm, a researcher at the venture capital firm. Storm explained that this was because “Polymarket’s onchain data contains redundant representations of each trade.”“Polymarket’s onchain data is quite complex, and this has led to widespread adoption of flawed accounting methods.” When trades occur on Polymarket, the system emits multiple “OrderFilled” events: one set for…

There are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, in a positive sign for the market, according to the market intelligence platform Santiment. Over 403,000 Bitcoin (BTC) have moved off exchanges since Dec. 7, 2024, representing roughly 2% of the total supply, Santiment said in an X post on Monday, citing data from its sanbase dashboard. Users often move their Bitcoin away from exchanges into cold storage wallets, which, in theory, makes it harder to sell and could signal long-term plans to hold onto it. “In general, this is a positive long-term sign. The less…

MegaETH is moving into a new phase of development with a planned launch of its Frontier mainnet beta to builders. Summary MegaETH will open Frontier mainnet beta to developers next week. The month-long beta focuses on stability testing, early app deployment, and real-time performance trials. Recent bridge issues were resolved through full refunds as the network prepares for a full mainnet launch in early 2026. MegaETH is preparing to open its mainnet beta, known as Frontier, to developers next week. A Dec. 8 update on X confirmed that infrastructure teams have already started deploying to the network. The team said…