A 10-month cross-border investigation traced criminal funds through Binance, OKX, Coinbase, Kraken, Bybit, and KuCoin, according to the International Consortium of Investigative Journalists. Researchers documented over $408 million in transfers from Huione Group to Binance between July 2024 and July 2025. OKX received more than $226 million from Huione in the five months following its February 2025 guilty plea for operating an unlicensed money transmitter.

Bitcoin dropped below $82,000 in one of its sharpest recent corrections, according to CryptoQuant. The Fear & Greed Index fell to 11, indicating Extreme Fear, while Short-Term Holder whales recorded $21.5 billion in unrealized losses. A new trading range is forming between $70,000 and $90,000 as the market seeks stability.

Cryptocurrency exchange Kraken has submitted a confidential Form S-1 to the US Securities and Exchange Commission for an initial public offering. The Wyoming-based platform secured $800 million in funding through two separate investment rounds, valuing the company at $20 billion.

Retail investors holding Bitcoin, Ethereum, and XRP have accelerated selling activity this week. Small BTC wallets reduced holdings by 0.36% over five days, ETH wallets under 0.1 tokens dropped 0.90% in a month, and XRP holders offloaded 1.38% since early November, according to Santiment. Despite the selling pressure, small investors across all three assets remain in profit, with average cost basis at approximately $92,000 for BTC, $3,000 for ETH, and $2.17 for XRP, Glassnode data shows.

El Salvador purchased more than 1,000 BTC valued at approximately $100 million during a market decline that pushed Bitcoin below $90,000, according to the country's Bitcoin Office. The acquisition brings the nation's total holdings to around 7,500 BTC. The purchase marks the country's largest single-day addition to date.

Digital asset investment products recorded $2 billion in outflows last week, the largest capital exit since February and the third consecutive week of negative flows, data show. Bitcoin experienced $1.38 billion in withdrawals while short Bitcoin products attracted $9.1 million in new capital. Ethereum posted $689 million in outflows, representing 4% of its assets under management.

Ethereum fell below $3,050 over the weekend before recovering to $3,190 on Monday. Analysts identify $3,650 as a critical breakout threshold, with warnings that failure to hold current support could drive ETH toward $2,800. Despite near-term weakness, industry observers compare Ethereum's current trajectory to Bitcoin's historical supercycle pattern.

Coinbase has criticized major US banking associations for urging regulators to prohibit merchant rewards and cashback programs tied to stablecoin payments. The exchange's chief policy officer argues the banking lobby's interpretation of the GENIUS Act exceeds congressional intent and would restrict consumer choice while protecting traditional payment fee revenue.

Ethereum fell nearly 10% in 24 hours, trading below $3,200. During the decline, large wallets accumulated significant holdings, with one entity purchasing 9,176 ETH worth approximately $29.14 million and another acquiring 16,937 ETH valued at $53.91 million. Data show 2.53 million ETH were bought near the $3,150 level, establishing a key support zone.