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Why Coinbase Says Younger Investors Are Betting on Crypto First

Coins Legend December 17, 2025 0

A new Coinbase report argues that Gen Z and Millennials are abandoning traditional wealth-building playbooks in favor of crypto, non-traditional assets, and hands-on trading strategies that sharply diverge from older generations. Coinbase Q4 Report Reveals Sharp Shift in U.S. Crypto Investing

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Major Web3 Investor Shima Capital Shuts Down Following SEC Fraud Claims

Coins Legend December 17, 2025 0

Shima Capital is shutting down after the Securities and Exchange Commission accused founder Yida Gao of inflating his track record to defraud investors. Founder Departure and Fund Resignation Shima Capital, once one of the most prolific early-stage investors in the Web3 space, has begun a formal wind-down of its operations weeks after the Securities and […]

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Tether Invests $8 Million in Speed to Advance Lightning Network Payments

Coins Legend December 17, 2025 0

Tether leads strategic funding round for Speed, supporting Lightning Network and stablecoin-powered global payment infrastructure. Tether announced on December 16, 2025, a strategic $8 million investment in Speed1, Inc., a payments infrastructure company leveraging the Lightning Network and stablecoins. The funding round, co-led with ego death capital, aims to enhance

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New York Judge Allows Expanded Claims in Pump.fun and Solana Class-Action Case

Coins Legend December 17, 2025 0

A federal judge in New York has cleared the way for plaintiffs to expand their class-action lawsuit against Pump.fun, Solana Labs, the Solana Foundation, and Jito Labs, allowing new allegations tied to alleged insider advantages in token launches to move forward. Solana Labs, Solana Foundation and Jito Named in Expanded Pump.fun Complaint After Court Ruling […]

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Hut 8 Lands 15-Year AI Data Center Lease at Louisiana’s River Bend, Backed by Google

Coins Legend December 17, 2025 0

Hut 8 has signed a 15-year lease agreement valued at $7 billion to supply 245 megawatts of AI data center capacity at its River Bend campus in Louisiana, marking a notable expansion beyond its historical focus on bitcoin mining. Hut 8 Signs Long-Term AI Infrastructure Lease as Bitcoin Mining Mix Evolves The agreement, announced Wednesday, […]

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California Gov. Gavin Newsom Takes Aim at President Trump’s Crypto Pardons and Ventures

Coins Legend December 17, 2025 0

California Gov. Gavin Newsom launched a new state-backed website highlighting individuals pardoned or protected by President Donald Trump, including the pardon of Silk Road founder Ross Ulbricht and several high-profile digital asset executives. Newsom Escalates Fight With President Trump Gavin Newsom‘s site and press release argue that Trump’s use of executive clemency

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‘Cautious in the Short Term’— Options Markets Temper Bitcoin Optimism Despite Heavy Futures Exposure

Coins Legend December 17, 2025 0

Bitcoin hovered between $87,477 to $90,317 on Dec. 17, 2025, as derivatives data shows futures traders holding their nerve while options markets quietly leaned defensive. Bitcoin Derivatives Data Signals Tactical Pullback Risk According to coinglass.com stats on Wednesday, bitcoin futures open interest (OI) remains elevated, with total OI sitting near $58.97 billion across

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Bitcoin Price Freezes in Place, Trapped Between Fatigue and Fear

Coins Legend December 17, 2025 0

Bitcoin price’s $87,106, anchoring a $1.73 trillion market with $42.92 billion in 24-hour trading volume and a tightly wound price band between $86,282 and $87,918, reflects a market idling at the intersection of caution and fatigue. Bitcoin is digesting its recent correction with all the enthusiasm of a trader staring at a flat chart, consolidating […]

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Bitcoin, Ether ETFs Outflows Deepen as Solana and XRP Stay Resilient

Coins Legend December 17, 2025 0

Bitcoin and ether ETFs extended their losing streak as large redemptions dominated another risk-off session. In contrast, solana and XRP quietly absorbed fresh inflows, underscoring selective investor appetite. Risk-off Mood Persists With Heavy Bitcoin and Ether ETF Redemptions Selling pressure remained firmly in control as crypto exchange-traded funds (ETFs) pushed deeper

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FTX Star Witness Caroline Ellison Transferred to Community Confinement After 11 Months in Prison

Coins Legend December 17, 2025 0

Former Alameda Research CEO Caroline Ellison has been moved from Danbury FCI to community confinement after serving 11 months of her two‑year sentence, a shift the Bureau of Prisons confirmed without disclosing her location. Ellison Moved to Halfway House Caroline Ellison, the former CEO of the defunct venture capital firm Alameda Research and key witness […]