Today's biggest crypto stories so far (UTC), ranked by importance and how many outlets covered them: 11 stories, each linked to its sources.
Vitalik Buterin argued ETH's value should not rest on fee burning, according to Wu Blockchain, The Block and U.Today, as Glamsterdam faces a reported bug.
A whale holding a large ETH long position partially closed 36,517 ETH (about $80.56M) to avoid liquidation, keeping 56,667 ETH (about $125M) open. The remaining position's new liquidation prices are around $2,122 and $2,130, and the whale has reportedly lost over $38M in total. Large leveraged positions near liquidation levels can add pressure to ETH.
Read on Lookonchain Story page
Senator Richard Blumenthal, ranking member of the Senate Permanent Subcommittee on Investigations, sent letters to Binance, Tether, World Liberty Financial and Fight Fight Fight LLC demanding records by January 4, 2027. The probe covers illicit crypto use and Trump-linked conflicts of interest. The subcommittee threatens other means if the firms do not comply, which raises regulatory and reputational risk for these firms.
Read on Wu Blockchain Story page
Lookonchain tracked a wallet that borrowed 22M USDT from Aave and used about 21.55M USDT to buy 10,000 ETH near $2,155 during a market selloff. Another wallet pulled 3,500 ETH ($7.53M) from Binance, bringing its one-week withdrawals to about 16,577 ETH ($37.5M). Large buying into a falling market can signal accumulation by big holders, which traders may watch for a near-term floor.
Read on Lookonchain Story page
Lookonchain reports that Abraxas Capital's two hedging accounts on Hyperliquid have booked $428.56M in total profit while still holding $1.05B in short positions. The large short exposure on the venue is a notable signal for HYPE traders, since a squeeze against those positions or further downside could move the token sharply.
Read on Lookonchain Story page
US M2 money supply reached a record $23.34 trillion in August, growing 5.7% year over year, the fastest pace since May 2022. Bitcoin has slipped even as liquidity expands, which challenges the idea that its fixed supply tracks money creation. Traders may watch whether the liquidity tailwind returns.
BeInCrypto's research tracked 6.4 million x402 payments across Base and Solana over 35 days, worth only about $119,947 in total, with over 90% below one cent. It also cites a May 2026 incident where an AI-linked wallet sent $175,000 after accepting instructions from a public post. The piece questions whether institutions will trust AI agents with real money.
Binance CFO Kaiser Ng is leaving after five years to start ventures spanning AI, Web3 and tokenized assets, including projects in sports, entertainment, computing and physical assets. The snippet gives no details on who replaces him or on any impact to Binance operations. For traders, this is a leadership change with limited immediate market impact.
Read on Bitcoin.com News Story page
Trader Machi was fully liquidated again during a market crash, withdrawing his remaining $16.61K from Hyperliquid to keep trading on papertrade. He reportedly lost $1.62M on papertrade and is still down $1.14M even after $485K in rewards. The story is a cautionary anecdote about leveraged trading losses rather than a direct market event.
Read on Lookonchain Story page
Tether CEO Paolo Ardoino, speaking at Plan ₿ Forum 2026 in Lugano, described USDT as essentially a smart contract. He said Tether has more than 730 million users and adds 30 million wallets per quarter. The comments are promotional in tone and reflect company claims rather than independently verified data.
Read on Wu Blockchain Story page
The Solana Company, which holds about 2.2 million SOL, plans to expand into Hong Kong, where regulators have flagged tokenization as a key fintech area. The expansion could grow its headcount to around 30 to serve local banks. For traders, it signals institutional push into Solana-based tokenization services in Asia.
Read on Bitcoin.com News Story page
A daily price analysis covers Shiba Inu, Tron, Zcash and Near Protocol as they trade near key technical levels while the broader market searches for direction. The snippet gives no specific price levels or figures. For traders, it is a general technical overview rather than a market-moving development.