Justin Sun: Will Allow Institutional Investors to Access More Investment Products, Establishing a Foundational Security Network for the Digital Asset Class

On December 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that SpaceX transferred 1,083 BTC (valued at $99.81 million) again — one week after its previous BTC transfer. Of this latest move, 800 BTC ($73.71 million) went to the new address bc1qy...xv5g9, which has not been moved yet. The BTC SpaceX sent to a new address a week ago also remains unmoved.

Dec. 5 (Bloomberg) — BlackRock’s iShares Bitcoin Trust (IBIT) has posted its longest weekly outflow since its January 2024 launch, according to Bloomberg-compiled data. Investors pulled more than $2.7 billion from the ETF over the five weeks ended Nov. 28. As of Thursday, the fund saw an additional $113 million in redemptions and is set for a sixth consecutive week of net outflows. IBIT currently holds over $71 billion in assets under management (AUM). Blockchain analytics firm Glassnode noted this trend signals a sharp reversal of the steady inflow dynamic that previously supported Bitcoin prices, reflecting a cooling in new capital allocations to the asset.

On December 5, leading Turkish digital asset platform Paribu announced it has acquired CoinMENA—the largest local crypto centralized exchange (CEX) in the Middle East and North Africa (MENA) region—in a transaction valued at up to $240 million. Through the acquisition, Paribu will expand beyond its domestic Turkish market into the high-cryptocurrency-adoption MENA region and secure two valid digital asset licenses: one issued by the Dubai Virtual Asset Regulatory Authority (VARA) and another by the Central Bank of Bahrain.

Galaxy Digital announced on December 5 that it has acquired development firm Alluvial Finance from Liquid Collective, becoming Liquid Collective’s new development arm. Financial terms of the acquisition were not disclosed. Galaxy noted the deal advances its goal of providing end-to-end services for on-chain operations. The firm will take full responsibility for protocol development and maintenance, and has already begun integrating Alluvial’s engineering team and tech stack. Liquid Collective will continue operating independently under the leadership of the Liquid Foundation. Liquid Collective, which partnered with Alluvial in 2023, launched an institutional-grade liquidity staking protocol. By 2025, its Total Value Locked (TVL) had doubled to roughly $1 billion. In June 2025, Galaxy and Liquid Collective entered a strategic partnership. Shortly after that announcement, Liquid Collective rolled out Liquid Staked SOL (LsSOL).

December 5 — Sources familiar with the matter say Bank of Japan (BOJ) officials are ready to raise interest rates at this month’s upcoming policy meeting, provided the economy and financial markets don’t see a significant impact in the interim. If economic conditions pan out as expected, the BOJ will also signal openness to further rate hikes while staying cautious about the ultimate peak for rates. This hike will push Japan’s policy rate to its highest level since 1995. The market’s main focus is how the BOJ will clearly signal additional rate increases. Separately, sources note the BOJ will keep reviewing the latest data and information right up until the final moment before making its formal policy decision. With real interest rates remaining negative and the financial environment set to keep supporting the economy, officials view this hike as an adjustment to monetary easing—not a tightening move. (Kinshi)

On December 5, decentralized AI infrastructure startup DeepNode announced it has raised a total of $5 million in funding—including a $2 million seed round (completed at a $25 million valuation) and a $3 million strategic round (valued at $75 million). The seed round included participation from community members, while strategic round backers include Blockchain Founders Fund, Side Door Ventures, and others. Built on Ethereum’s Layer 2 network Base and leveraging the PoWR mechanism, DeepNode plans to launch its mainnet by the end of Q1 2026. (Source: Decrypt)