Former CFTC Acting Chair Caroline Pham Joins MoonPay as Chief Legal Officer Caroline Pham, the former acting chair of the U.S. Commodity Futures Trading Commission (CFTC), has joined cryptocurrency payments firm MoonPay in a senior executive role. According to BlockBeats, Pham has been appointed as MoonPay’s Chief Legal Officer and Chief Administrative Officer. The development was first reported by FOX Business journalist Eleanor Terrett. Pham’s move to MoonPay marks a notable transition from public service to the private crypto sector, bringing regulatory and policy experience from one of the United States’ top financial oversight bodies to the rapidly evolving digital asset payments industry.
Crypto Market Update | Dec 24, 2025 Global crypto market cap stands at $2.94T, down 0.74%. Bitcoin (BTC) trades between $86.6K–$88.3K, currently at $86,840 (-0.68%). Most major coins are in the red. Top gainers: MOVE (+33%), AVNT (+20%), ZBT (+19%). Market movers: ETH $2,923 (-1.20%) | BNB $836 (-1.54%) | XRP $1.86 (-1.46%) | SOL $121 (-2.28%) | DOGE $0.127 (-2.16%)
Solana Sees 97% Drop in Traders as Big Money Walks Away in 2025 Solana is facing one of its toughest years yet. Network activity has collapsed by 97% from its November 2024 peak, as institutional investors quietly exit while retail traders continue to buy the dip. The blockchain hit an all-time high of $296 in November 2024, but since then, SOL has fallen nearly 58%, revealing a sharp divide between who is buying and who is leaving. What’s Really Happening: Institutions Exit, Retail Steps In According to crypto trader Ardi, buying pressure since Solana’s peak has been driven almost entirely by small retail wallets, typically making purchases between $0 and $1,000. Behind the scenes, large holders were already preparing their exit. Distribution began before Solana reached its all-time high, with selling pressure increasing months ahead of October 10, 2024. This suggests that major players planned their exits well in advance of the price decline. Wallet data tells a clear story: Mid-sized wallets ($0–$100,000) Institutional wallets ($100,000–$10 million) Both groups have been shrinking steadily for about 13 months. In contrast, retail wallets have continued to grow, showing that smaller investors still believe SOL is undervalued despite institutional withdrawal. Another key insight: Solana’s demand has been almost perfectly correlated with memecoin activity, highlighting how dependent network usage has become on speculative trading. Why It Matters: A Massive Revenue and Activity Crash Investor and trader Jas highlighted the scale of the slowdown. Solana’s monthly active traders plunged from around 30 million to fewer than 1 million in 2025, marking a staggering 97% decline. The impact on revenue has been just as severe: 2024 revenue: $2.5 billion 2025 revenue: ~$500 million That’s a fivefold drop year-over-year. Meanwhile, Ethereum generated $1.4 billion in revenue in 2025 and has outperformed Solana by 56% year-to-date. As Jas summed it up: “SOL’s future may depend less on memes—and more on what comes after them.”
The world’s largest funds network — handling £250B+ every month — has selected $POL to tokenize fund share classes for 4,500 financial institutions in 58 markets. Calastone is now moving institutional finance on-chain, powered by Polygon’s next-gen rails.
The result? ⚡ Faster settlement 💸 Lower operational costs 🧩 Smart, programmable fund operations
All enabled by Polygon’s high scalability, sub-cent fees, and near-instant finality.
💥 Ethereum Faces Pressure: $3,300 Support at Risk as DEX Volume Drops and ETF Outflows Rise
Ethereum (ETH) is struggling to stay above the crucial $3,300 support level as decentralized exchange (DEX) activity declines and ETH exchange-traded funds (ETFs) see increasing outflows.
📉 Market sentiment has turned cautious, with traders watching closely for signs of recovery or a potential deeper correction if the $3,300 mark breaks.
#Breaking News: OKX TR — the Turkish arm of global crypto exchange OKX — has just announced a brand-new token listing! Stay tuned for details on the newly added asset and trading pairs hitting the platform soon. 💥
#breakingnews !Bitcoin and Ethereum ETFs Experience Their Third-Biggest Weekly Outflow! Here Are the Details According to data from crypto data platform SoSoValue, there was a net outflow of $1.22 billion from Bitcoin spot ETFs in the week of November 3-7. According to data from crypto data platform SoSoValue, Bitcoin spot ETFs saw net outflows totaling $1.22 billion in the week of November 3-7, the third-largest weekly outflow in history.