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BitMine increased its ETH holdings by 98,852 last week, with the total holdings surpassing the 4 million ETH mark.

2 hours ago

**December 22 — BitMine announced today that its combined cryptocurrency holdings, total cash, and strategic investments have reached $13.2 billion, per official sources.** As of 3:00 PM ET on December 21, the company’s assets include: - 4,066,062 ETH - 193 BTC - A $32 million investment in Eightco Holdings (NASDAQ: ORBS) - $1 billion in cash BitMine Chairman Thomas “Tom” Lee (also of Fundstrat) commented: “BitMine has steadily expanded its ETH holdings, adding 98,852 ETH last week to cross the 4 million ETH mark — a major milestone hit in just 5.5 months. We’re moving quickly toward our ‘5% Alchemy’ target and already seeing synergies from our large ETH position. We’re a key bridge between Wall Street and the blockchain tokenization shift, and we’ve kept close partnerships with leading players at the forefront of the DeFi community.” BitMine’s ETH holdings account for 3.37% of the total ETH supply (120.7 million ETH).
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Kalshi has partnered with BNB Chain to support depositing BNB and stablecoins via BSC for participating in prediction markets.

December 22 — Official sources confirm that prediction market platform Kalshi now supports BNB Chain. This means users can directly use BNB and stablecoins held on BSC to trade outcomes of real-world events. By integrating with BSC, Kalshi lets users access the world’s most active, liquid prediction market directly—no complex cross-chain bridging or manual network switching required. For BSC users, this offers a faster, more straightforward way to grow their assets. With this integration, users can deposit and withdraw BNB and major stablecoins on BSC for instant trading, with key details: - **U.S. Kalshi Accounts**: Use native BNB and USDT on BSC for deposits and withdrawals; - **International Kalshi Accounts**: Use BNB, USDT, and USDC on BSC via a partnered trading platform.

12 minutes ago

Stablecoin Payment Infrastructure Coinbax Completes $4.2 Million Seed Round, Lead by BankTech Ventures

On December 22, Coinbax—a stablecoin payment infrastructure built on Base and Solana—announced it has closed a $4.2 million seed funding round, per Globenewswire. BankTech Ventures led the round, with participation from Connecticut Innovations, Paxos, SpringTime Ventures and other investors. The fresh capital will support development of the platform’s digital asset custody, policy enforcement and programmable settlement features, plus integrations with custody and wallet infrastructure providers.

12 minutes ago

US Crypto Stocks Soar at Market Open, CRCL Up 4.86%, ABTC Up 7.87%

U.S. Stocks Open Higher on Dec. 22; Crypto-Related Stocks Mostly Gain At the opening bell on December 22, U.S. equities started in positive territory: - Dow Jones Industrial Average: +0.1% - S&P 500: +0.4% - Nasdaq Composite: +0.6% Crypto-related stocks were broadly higher, with notable moves: - Coinbase (COIN): +2.24% - Circle (CRCL): +4.86% - MicroStrategy (MSTR): +2.5% - Bullish (BLSH): +2.24% - Gemini (GEMI): +2.63% - Bitmine (BMNR): +2.74% - SharpLink Gaming (SBET): +1.02% - Bit Digital (BTBT): +3.59% - ETHZilla (ETHZ): -2.03% (only decliner) - ALT5 Sigma (ALTS): +0.76% - American Bitcoin (ABTC): +7.87%

12 minutes ago

UBS: Expects US Stocks to Continue Rising Through 2026, Advises Investors to Maintain Allocation

On December 22, UBS Group stated that the U.S. stock market’s upward trajectory in 2025 will extend into 2026, fueled by robust corporate earnings, accommodative monetary policy, and a clearer policy outlook. The bank noted that corporate profits—especially in the tech sector—remain strong, keeping current valuations reasonable. UBS forecasts a 10% rise in S&P 500 earnings, which could push the index to roughly 7,700 points. Further Federal Reserve rate cuts and the appointment of a new chair may also provide additional market support. Clarity on future tariff policies is helping to reduce uncertainty. Based on this, UBS maintains its “attractive” rating for the U.S. stock market and advises investors to stay invested to capitalize on ongoing growth opportunities.

12 minutes ago

Kalshi: Market Prediction Outperforms Wall Street Consensus on Inflation Predictions

**December 22 (CoinDesk) — Prediction markets outperformed Wall Street consensus forecasts for inflation over 25 months, with their average error 40% lower than traditional economist and analyst expectations, according to a study from prediction market platform Kalshi.** Kalshi’s research found the edge stems from aggregating diverse trader information via economic incentives, tapping the "wisdom of the crowd" to react more nimbly to shifting conditions. The findings position market-based predictions as a valuable complementary tool for institutional decision-makers, especially amid high uncertainty. The platform compared its inflation forecasts (focused on year-over-year CPI changes) with Wall Street consensus from February 2023 to mid-2025. Traders’ accuracy outpaced traditional forecasts by 40% on average — and by up to 67% when actual data deviated sharply from expectations.

12 minutes ago

JP Morgan Chase is planning to offer cryptocurrency trading services to institutional clients.

December 22 — JPMorgan is weighing offering cryptocurrency trading services to its institutional clients, Bloomberg reported. Insiders familiar with the matter said the bank is evaluating what products and services its markets division could offer to expand its crypto footprint, potentially including spot and derivatives trading. The move comes as client interest has risen amid shifts in the U.S. digital asset regulatory landscape; specific plans will hinge on assessments of sufficient demand, risk and opportunity, and regulatory feasibility.

12 minutes ago