The Federal Reserve just proposed a new “payment account” that could give fintechs and crypto companies direct access to central bank systems. These “skinny master accounts” would let crypto firms access Fed banking rails without full regulatory approvals, a potential breakthrough for Circle, Coinbase, Kraken, and Block after what the industry dubbed “Operation Chokepoint 2.0.”
Meanwhile, Tether’s complex dealings made headlines as the Financial Times revealed Northern Data sold its Bitcoin mining arm to Tether executives. Northern Data, majority-owned by Tether, sold its Peak Mining business for around $200 million to companies run by Tether co-founder Giancarlo Devasini and CEO Paolo Ardoino. The deal happened just before Rumble agreed to acquire Northern Data.
The Clarity Act delays perhaps hurt most. White House crypto czar David Sacks confirmed the Senate markup won’t happen until January 2026, and the above $952 million in fund outflows hit Ethereum hardest at above $555 million, while Bitcoin saw above $460 million exit. The Fed proposing crypto payment accounts validates the industry’s trajectory, and DeepSnitch AI operates at the intersection of AI and crypto security with picks-and-shovels infrastructure serving a market that desperately needs it.
The Solana price prediction right now is one of cautious optimism, as SOL trades at around $124 as of December 22. While above $952 million fled crypto funds last week, Solana ETFs attracted above $48 million, and many institutions see SOL as a regulatory safe haven in uncertain markets.
SnitchGPT is live, as of the latest dev update. It’s a conversational AI that bridges raw blockchain data and actionable insight through adaptive query parsing. The platform’s architecture speaks for itself, as five AI agents will be monitoring on-chain transactions, social sentiment, and private alpha channels around the clock once it launches in 2026.
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