Crypto News
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Velocity’s Series A reaches $48 million at a $200 million valuation
Velocity has expanded its Series A funding to $48 million at a $200 million valuation, CEO Eric Queathem said. Visa, Circle and Ripple are among the backers of the London-based payments infrastructure firm.
CoinDesk
Nigel Farage-backed Stack BTC plans $16 million gold dealer acquisition
Stack BTC, backed by Nigel Farage, plans to acquire a gold dealer for $16 million. The proposed deal would use cash flow from precious-metals sales to increase the company’s bitcoin holdings, CoinDesk reports.
CoinDesk
US House Crypto Tax Bill Leaves Mining and Staking Reward Timing Unchanged
The US House’s 114-page crypto tax package would change rules for fees, stablecoins and lending, but excludes deferral for mining and staking rewards, leaving their existing tax timing unchanged.
Cointelegraph
Bitcoin Short-Term Holders Near a Month of Partial Profit as Bullish Odds Improve
Bitcoin short-term holders have stayed in partial profit for nearly 30 days, with CryptoQuant analysis pointing to improving odds of a lasting bullish BTC reversal, Cointelegraph reported.
Cointelegraph
Strive’s Bitcoin Holdings Reach 25,000 BTC After $36.6M Purchase
Strive’s Bitcoin holdings have reached 25,000 BTC after a $36.6 million purchase funded entirely through preferred stock. The transaction pushed SATA’s notional value above $1 billion for the first time, Decrypt reported.
Decrypt
Senate Rejection of Clarity Act Ends 2026 Crypto Market-Structure Push
The Senate’s failure to advance the Clarity Act effectively ends crypto market-structure legislative efforts for 2026, CoinDesk reports. The setback has pressured digital assets and represents a major blow to an industry that backed the initiative for years.
CoinDesk
CLARITY Act odds fall to 16% as key Democrats resist GOP’s ‘final’ offer
Cointelegraph reports that CLARITY Act passage odds have dropped to 16% as key Democrats reject the GOP’s final offer. Banking groups cite stablecoin reward loopholes, while tribal gaming interests oppose its prediction-market provisions.
Cointelegraph
Solana Expands Transaction Capacity to 4,096 Bytes With Transaction V1
Solana’s Transaction V1 raises the transaction size limit from 1,232 to 4,096 bytes. CoinDesk says the added capacity supports use cases such as multi-step trades, company-wallet approvals and privacy proofs.
CoinDesk
CoinEx to Shut Down After Nine Years as Crypto Market Contracts
CoinEx plans to end operations after nine years, citing falling trading volumes, reduced liquidity and rising regulatory and compliance costs. Withdrawals will remain open until Dec. 22, according to Cointelegraph.
Cointelegraph