Record volatility in the crypto market and historic progress in UK regulation

Source: CritpoTendencia Original Title: Record Volatility in the Crypto Market and Historic Progress in UK Regulation Original Link: https://criptotendencia.com/2025/12/03/volatilidad-record-en-el-mercado-cripto-y-avance-historico-en-regulacion-del-reino-unido/ Daily cryptocurrency liquidations have almost tripled in value during the latest cycle, driven by record open interest and increased activity in futures markets. According to a report from Glassnode and Fasanara, average daily losses rose from $28 million in long positions and $15 million in shorts to $68 million and $45 million, respectively.

On October 10, during the so-called “Early Black Friday,” more than $640 million per hour in long positions were liquidated as Bitcoin fell from $121,000 to $102,000. Open interest dropped by 22% in less than 12 hours, marking one of the sharpest deleveraging events in the asset’s history.

The report also highlights an all-time high of $67.9 billion in open interest and a notable increase in Bitcoin spot volume, which has doubled compared to the previous cycle, reaching peaks of $22 billion daily.

Since the launch of spot ETFs in the United States this year, price formation has shifted toward the spot market, while futures absorb increasing levels of leverage.

The United Kingdom Legally Recognizes Cryptocurrencies and NFTs as Property

King Charles has approved a law that modernizes property legislation in the UK, incorporating digital assets such as cryptocurrencies and non-fungible tokens (NFT) as a third legal category. Previously, property was limited to physical goods or credit rights.

The measure has been well received by the industry, which sees it as a key step toward legal clarity and consumer and investor protection. According to CryptoUK, the law ensures that digital assets can be owned, recovered in case of theft or fraud, and included in insolvency and inheritance proceedings.

This change establishes a solid legal framework, moving away from the previous practice of recognizing digital assets on a case-by-case basis in courts.

Trump Media and Crypto.com Move Toward Strategic Cryptocurrency Alliance

Trump Media and Technology Group and Crypto.com are close to consolidating as affiliates in a Cronos (CRO) treasury with aspirations to manage over $6 billion in cryptocurrencies.

Yorkville Acquisition Corp., listed on Nasdaq as MCGA, confidentially filed an S-4 with the SEC to establish Trump Media Group CRO Strategy, Inc. through a business combination. In addition, Steve Gutterman was named CEO and Sim Salzman as CFO, both to assume their positions after the closing of the transaction, subject to customary closing costs.

Leading Platform Launches Cryptocurrency App for Minors Under Parental Control

A cryptocurrency exchange platform has launched a new app designed for children and teenagers aged 6 to 17 to interact with cryptocurrencies under parental supervision.

The app, linked to the adult’s main platform account, allows spending limits, transfers, and enables investment products such as yield services according to local regulations.

The company describes the tool as a form of family financial education, similar to traditional custodial accounts, where parents retain legal control over the assets. Teenagers aged 13 or older can also use crypto payments with daily limits set by their parents.

The announcement has sparked debate in the community: some applaud the educational initiative, while others criticize the exposure of minors to digital assets.