Open interest data suggests the advance is likely short-covering, rather than fresh longs entering the market. Author: Helene Braun

Prediction markets show traders clustering around a $2 billion–$3 billion range, with odds for $4 billion and $6 billion outcomes falling steadily after October’s crash. Author: Sam Reynolds

Open interest rose above $1.5 billion, indicating futures traders’ continued exposure. Author: Shaurya Malwa

Maxine Waters, the top Democrat who may lead the House Financial Services Committee again if Democrats prevail, has a crypto bone to pick with SEC’s Atkins. Author: Jesse Hamilton

Cantor Fitzgerald sees early signs of a new crypto winter, but one that’s less chaotic, more institutional, and increasingly defined by DeFi, tokenization and regulatory clarity. Author: Helene Braun