The Bureau of Economic Analysis reported September Personal Consumption Expenditures inflation at 2.8% year-over-year, matching forecasts. Core PCE declined to 2.8% from 2.9%, beating expectations of 2.9%. Bitcoin maintained levels around $92,000 following the release, with markets pricing an 86% probability of a Federal Reserve rate cut at the December 9-10 meeting.

Bitcoin declined sharply after economic growth warnings triggered a wave of liquidations in derivatives markets, producing an 11,588% imbalance between long and short positions. Long positions accounted for over $115 liquidated for every $1 in shorts, data show. The selloff followed remarks suggesting first-half growth would miss expectations, prompting rapid exits from leveraged positions.

AlphaTON Capital filed a shelf registration with the SEC to raise up to $420.69 million for expansion in artificial intelligence infrastructure and Toncoin holdings. The filing follows the company's exit from baby-shelf restrictions, enabling larger capital raises. ATON shares dropped 64% over one month prior to the announcement, falling from $4.75 on November 5 to $1.68.

The PEPE memecoin's official website has been compromised, redirecting visitors to phishing pages designed to steal wallet credentials. Cybersecurity firm Blockaid detected malicious code linked to the Inferno Drainer toolkit embedded in the site's front end. Meanwhile, the PEPE/DOGE trading pair is on track to close its second consecutive weekly gain, marking the first back-to-back weekly advance since June.

BlackRock's iShares Bitcoin Trust recorded more than $2.7 billion in withdrawals across five consecutive weeks ending November 28, marking its longest outflow period since launching in January 2024. The fund, which manages over $71 billion in assets, logged an additional $113 million in redemptions on Thursday. Data show the outflows accelerated following a crypto market liquidation in early October that eliminated more than $1 trillion in digital asset value.

Negotiations on U.S. Senate crypto market structure legislation have stalled over three unresolved disputes, Variant Fund Chief Legal Officer Jake Chervinsky said Thursday. The issues involve stablecoin yield restrictions, presidential family conflicts of interest, and protections for decentralized finance developers. Chervinsky said he does not expect committee markup sessions before year-end.

U.S. spot XRP exchange-traded funds recorded $12.84 million in net inflows on December 5, extending their growth streak to 13 consecutive trading days. Cumulative inflows have reached $887.12 million since the mid-November launch, with the funds collectively holding more than 400 million tokens. XRP traded at $2.07, down more than 3% on the same day, despite the sustained institutional interest.

A British individual allegedly connected to the theft of $243 million from a Genesis creditor may have been detained in Dubai, blockchain investigator ZachXBT stated on December 5. Approximately $18.58 million in cryptocurrency was reportedly seized from addresses linked to the suspect. UAE authorities have not publicly confirmed any arrests or asset seizures related to the case.