On Wednesday, Hyperion DeFi Inc. (NASDAQ: HYPD) said it plans to deploy its HYPE token holdings as collateral in on-chain options vaults on Hyperliquid to generate additional income from premiums and fees. The firm emphasized it will avoid directional trading, instead targeting yield on its more than 1.8 million HYPE tokens while working with the Rysk protocol to structure covered options strategies, even as its shares dropped over 13% following the announcement.

Tether has launched its USAT U.S. dollar-backed stablecoin for American users through Anchorage Digital Bank under a U.S. federal regulatory framework. Former White House crypto policy advisor Bo Hines, who became CEO of Tether USAT last September, will help oversee the rollout as the firm targets a major digital asset market previously off-limits to USDT.

Tom Lee, chairman of BitMine Immersion Technologies (BMNR), asked shareholders in a Friday YouTube video to approve lifting the company's authorized shares from 500 million to 50 billion. BitMine's stock rose 14% to $30.93 at 2:48 p.m. ET that day, and the vote deadline is Jan. 14; the company holds about 3.41% of ETH's circulating supply.

According to CoinShares, crypto exchange-traded products recorded $446 million in weekly outflows, led by selling in Bitcoin and Ethereum. XRP funds drew $70 million and Solana $7.5 million, while cumulative outflows since the Oct. 10 market shock reached $3.2 billion. U.S.-listed products saw $460 million of outflows; Germany attracted $35.7 million.

Coinbase, in a 2026 outlook released this week, said a provision of the One Big Beautiful Bill Act signed in July 2025 will limit deductions for gambling losses starting in 2026. The exchange argued prediction markets could be a more tax‑advantageous alternative, and it has partnered with Kalshi while suing Michigan, Illinois, and Connecticut over CFTC jurisdiction.

On Friday, stablecoin issuer Tether said it has lodged an all-cash proposal to buy Exor’s entire stake in Italian football club Juventus, after purchasing a minority interest in the team in February. If the deal is completed, the company plans to commit 1 billion Euros to support and develop the club while it explores a share sale targeting up to $20 billion at a roughly $500 billion valuation.

Solana Mobile announced Wednesday that its native ecosystem token, SKR, will launch in January 2026. The token has a total supply of 10 billion units, with 30% allocated for airdrops and unlocked at launch. Distribution targets Seeker device owners and active decentralized application users within the ecosystem.

Vanguard, the world's second-largest asset manager with over $11 trillion under management, will begin allowing cryptocurrency ETFs and mutual funds to trade on its platform starting Tuesday. The firm cited evolving investor preferences and improved fund stability as reasons for the policy shift. The move marks a reversal from its previous stance against offering crypto-related products, including spot bitcoin ETFs launched by competitors BlackRock and Fidelity.

Forward Industries, which holds the largest Solana treasury among publicly traded companies, has appointed Ryan Navi as chief investment officer to oversee its SOL strategy. The company's holdings have declined more than 40% in value since their mid-September acquisition. Navi previously served as managing director and head of venture at ParaFi Capital.