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Empowering Startups with Essential Legal and Consulting Services

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Legal and consulting services are crucial for startups.

We get it, most startup founders are busy building products and chasing customers. However, without a solid legal foundation, even the best business idea is set to crumble.

Startups fail for a variety of reasons, but according to Fortune, legal challenges accounted for 18% of startup failures. In other words, for almost one in five startups, the reasons for failure are not getting their legal ducks in a row.

The silver lining in all this mess is that proper legal and consulting services in the initial stages of a startup can help to prevent those costly mistakes from happening. Even better, most legal and consulting services that startups need are easily accessible. Here’s how to do it the right way…

In this article, you will learn:

  • The importance of Legal and Consulting services for startups
  • The Core Legal Services you need as a Startup
  • How Consulting Services helps your business grow
  • How to establish your Legal and Consulting Services foundation the right way

Why your startup needs Legal and Consulting Services

Starting a business is a dream come true for many people. However, with great business comes great responsibility.

Legal and Consulting services can guide startups through the complex world of legal regulations, contracts, and compliance. For those founders who dare to skip this crucial step, the consequences are usually avoidable expensive mistakes.

Think about it in these terms…

A startup without a proper legal structure is like a house without a foundation. It might look great at the beginning. But when trouble comes, everything comes crumbling down.

The U.S. legal services market is worth $396.80 billion as of 2024. And this grand figure shows just how many businesses are coming to professional lawyers for legal guidance. And this investment more than pays off for startups in the long run.

Whether it is working with an estate planning lawyer who understands business structures and asset protection and succession planning or with a consultant who specialises in startup compliance, the right legal and consulting services team can make all the difference.

Here’s why legal and consulting services are so important:

  • Protect intellectual property – Safeguard ideas, products, and brand identity against competitors.
  • Structure the business correctly – Choosing the right entity type for tax and liability
  • Navigate Regulations – Stay compliant with industry-specific regulations and laws.
  • Draft solid contracts – Avoid disputes with partners, vendors, and customers.

Pretty important stuff if you ask us.

The Core Legal Services you need as a Startup

All legal services are not created equal. Startups have different needs that must be addressed by specialised attention.

Here are the core legal services that a startup must prioritise…

Business Formation

Choosing between an LLC, a corporation or a partnership is not a simple paperwork decision. In fact, it is a choice that deeply impacts the business in terms of taxes, liability and potential for growth.

Many Founders jump into this decision with both feet. Don’t be like them.

The right business structure protects personal assets and paves the way for future investors. A qualified attorney can explain the advantages and disadvantages of each option and recommend the right one for your startup.

Contract Drafting and Review

Contracts are the glue that hold business relationships together.

Every startup has contracts. Agreements with customers. Vendor deals. Employee contracts. Partnership terms.

Bad contracts lead to disputes. Disputes lead to lawsuits. Lawsuits cause a tremendous amount of time and money which is to be used for growing the business instead of bleeding out of it.

Intellectual Property Protection

If you have a unique product or brand, you should protect it.

Trademarks, patents, and copyrights keep competitors from stealing all the hard work you have put into your startup. Many startups don’t make intellectual property protection a priority in the beginning and later pay the price when someone else copies their ideas.

Compliance and Regulatory Guidance

Every industry is regulated by a different set of rules. Healthcare startups have to deal with HIPAA. Fintech with financial regulations. E-commerce must be aware of consumer protection laws.

Staying compliant isn’t an option. Violations can lead to fines, lawsuits or even business closure.

How Consulting Services helps your business grow

If legal services protect the business, consulting services help it grow.

The best startups combine the two. Here’s what Consulting Services brings to the table…

Strategic Planning

Consultants can help Founders to see the big picture. Consultants can help you identify opportunities and risks that are not so obvious from the inside of the business.

A fresh set of eyes can be a treasure when it comes to major decisions about products, markets, or expansion.

Financial Guidance

Money management is where many startups falter. Consultants with a financial background help with budgeting, forecasting, and preparing for investor meetings.

They can also help with deal structuring and negotiations in order to get terms that benefit the startup.

Operational Efficiency

Lean operations matter for startups. Consultants can audit and analyse operations and then recommend ways to cut waste while increasing outputs.

This kind of optimization can make the difference between burning cash and building a sustainable business.

Market Entry Strategy

Expansion into new markets is a delicate endeavour that must be planned well in advance. Consultants can help with the research of the market condition, identifying the target customers and developing entry strategies.

Going into a new market blind is rarely ever a good idea.

Building your Legal and Consulting Services foundation the right way

Now that you know what Legal and Consulting services a startup must have to grow, let’s look at a simplified approach to getting started…

Start with the Basics

Before getting into complex legal matters, make sure the basics are covered:

  • Register the business properly
  • Get all necessary licences and permits
  • Set up basic contracts for common transactions
  • Protect the company name and logo

These first steps create a solid foundation on which to build everything else.

Find the right professionals

Not every lawyer and not every consultant has worked with startups. Look for professionals that specialise in new businesses.

These people understand the unique challenges and opportunities that startups face. They are also more likely to be flexible on pricing and payment terms.

Budget for Legal Expenses

Legal and Consulting services are an investment and not an expense.

Smart entrepreneurs budget for legal costs from day one of their business. Fixing legal problems after they have occurred is always more expensive than preventing them.

Build ongoing relationships

The best relationships with legal and consulting professionals are long-term relationships.

These professionals who know the business can provide more useful advice over the long haul. They know the history, the goals and the challenges. This knowledge makes their guidance more valuable.

Wrapping it up

Legal and consulting services are not only reserved for larger enterprises. Startups need them as well, if not even more.

The right legal foundation will protect the business against avoidable and costly mistakes. And the right consulting support will help the business to grow smarter and faster.

So, to wrap it all up quickly:

  • 18% of startups fail due to legal challenges.
  • Core legal services include Business Formation, Contracts, IP Protection, and Compliance.
  • Consulting services help with strategic planning, finances, operations, and market entry.
  • Building a relationship with the right professionals pays off in the long run.

Don’t wait for problems to arise before getting proper legal and consulting support in place. The time to build that foundation is now.

Starting a business is hard enough. Having the right legal and consulting team by your side will make the journey that much smoother.

Could LXYZ Become One of the Top Altcoins Researched Alongside Bitcoin and Ethereum This Cycle

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An illustration of LXYZ token performance trends and presale activity on the Solana blockchain.

South Asia has become the focus of attention of the crypto industry once again as regulatory developments in South Asia portend another round of adoption across the world. With Binance and HTX given the green light to pursue crypto licensing in Pakistan, key exchanges are establishing their roots in developing countries, transforming the dynamics of compliance and access to co-exist in a decentralized future.

Pakistan’s Regulatory Breakthrough Spurs Global Attention

Both Binance and HTX were given the green light to seek crypto licenses under the Pakistani anti-money-laundering (AML) policy, as verified by Binance CEO Richard Teng. This action depicts that Pakistan is willing to promote regulated development of digital assets and enhance investor protection. Analysts see this development as a powerful regional sign of growing legal frameworks in the Asia region.

Source- X

This is not just an infrastructure move, as the world’s major exchanges become deeper embedded in developing markets, yet it is consistent with the increased demand to build cross-chain and transparent ecosystems. The regulatory clarity in Pakistan may serve as a guide to other emerging economies in Asia and Africa that may need to bridge the traditional finance to blockchain involvement.

LXYZ Protocol: The New Standard in Decentralized Trading

LXYZ is perfectly poised to join this global change, becoming the leading presale crypto defining decentralized finance on Solana. Its specialty of offering offers so seamlessly as off-chain markets, it sounds like speed and trust. In the introductory paragraph of its announcement, its key keyword focus and promise of deep liquidity transformed the perception of decentralized exchanges.

LXYZ has institutional-grade transparency, audited by SpyWolf, QuillAudits, and SolidProof. Its triple audit certification enhances investor confidence and confirms its model of solid hybrid AMM and order book. In Phase 1 of its presale, the price of every token is already 0.10, with the increase to 0.15 in the subsequent phase. Market confidence seems to be well established with 1,101 holders and a raised capital of $111,000.

In Solana, LXYZ can use unified capital in the form of meta-pools to reduce slippage but remain in control in a non-custodial manner. The platform is a trustless 100x leverage liquidity offering with full community alignment via DAO governance. The architecture of LXYZ, including its 400ms to finalize transactions, and the smart routing is in a unique position to position it next to Bitcoin and Ethereum in terms of research potential in this market cycle.

In contrast to centralized platforms, each of the elements of LXYZ is created to be verifiably owned, democratized, and widely interoperable. Its presale enables traders and liquidity providers to gain early access before token valuations go up with subsequent stages being released.

Conclusion: A Timely Entry Point for Early Investors

With global regulation becoming mainstream and Solana consolidating its DeFi presence, the LXYZ becomes a legitimate competitor to the leading presale crypto projects of 2025. Having gone through the audit, performance demonstrated and presale momentum picking up, investors have an easy call to action and this is to buy into LXYZ before the next round price breakout.

For more information about LXYZ visit the links below:

 

Website: https://l.xyz/

Buy Presale- https://l.xyz/#sale

Twitter/X: https://x.com/ldotxyz

Telegram:https://t.me/ldotxyz / https://t.me/lxyzgroup

Crypto Market Structure Bill is on Track for Early 2026 Senate Debate

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Recent developments in U.S. crypto legislation point to a potential breakthrough next year. The long-awaited digital asset market structure bill—aimed at clarifying regulatory oversight between the SEC and CFTC—has been a top priority for the industry.

Negotiations have dragged on through 2025, but as of mid-December, Senate Banking Committee Chair Tim Scott (R-SC) is pushing hard to finalize a bipartisan deal amid the incoming 2026 political landscape.

Drafts from both the Senate Agriculture and Banking Committees were advanced in late November, focusing on rules for digital commodities, stablecoins, and market intermediaries.

However, talks hit a snag over key sticking points like decentralized finance (DeFi) exemptions and custody standards, causing a likely delay. Industry insiders now expect the bill to slide into January 2026 for a full Senate floor vote, rather than wrapping up before the holidays.

This timeline aligns with optimism from senators like Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY), who teased a draft reveal earlier this month. If passed, it could finally provide the regulatory clarity crypto advocates have been clamoring for—potentially unlocking billions in institutional investment.

SEC’s New Crypto Wallet and Investor Guide

In a timely move for retail traders dipping into digital assets, the SEC’s Office of Investor Education and Advocacy dropped a fresh “Crypto Asset Custody Basics for Retail Investors” bulletin just days ago.

This guide breaks down the nuts and bolts of holding crypto: from self-custody via hardware wallets like Ledger or Trezor to third-party custodians think Coinbase or Fidelity.

It emphasizes risks like private key loss, hacking vulnerabilities, and the “not your keys, not your coins” mantra, while urging investors to vet providers for insurance, audits, and bankruptcy protections.

The release comes amid a surge in tokenization pilots and bank crypto charters, serving as a subtle reminder that the SEC isn’t easing up on investor safeguards—even as broader regs evolve. Key tips include verifying wallet compatibility with your assets, enabling multi-factor authentication, and avoiding “hot wallets” for long-term holds.

It’s a straightforward read, about 10 pages and available for free on Investor.gov—definitely worth a skim if you’re HODLing more than pocket change. This feels like prep work for the market structure bill’s custody provisions, too.

DeFi exemptions—remains one of the biggest hurdles in finalizing the bipartisan digital asset market structure legislation often referred to as the Senate’s version of the CLARITY Act or Responsible Financial Innovation Act updates.

As of mid-December 2025, negotiations are ongoing, with Senate Banking Committee Chair Tim Scott pushing for a markup soon, but disagreements over DeFi treatment have delayed progress into early 2026.

Drafts from the Senate Banking and Agriculture Committees, building on the House-passed CLARITY Act (July 2025), propose significant exemptions for truly decentralized protocols.

Key elements include: Exempting non-custodial developers, node operators, validators, and software providers from broker-dealer, exchange, or money transmitter registration requirements—if they don’t hold user funds or exercise centralized control.

Safe harbors for activities like staking, airdrops, liquidity provision, and front-end interfaces on “mature” blockchains defined by decentralization criteria, e.g., no single entity controls >20% of tokens or governance.

Protections for DePIN and general DeFi operations, treating them more like open-source software than regulated financial intermediaries. This aligns with industry goals to avoid “regulating code” and foster innovation without forcing protocols to register as securities or commodities platforms.

Senate Democrats have pushed back with frameworks requiring: Registration for DeFi front-ends, platforms, or intermediaries that facilitate trading/lending if they generate revenue, influence governance, or pose illicit finance risks.

Expanded KYC/AML rules, Treasury oversight, and potential classification as “digital asset intermediaries” or money services businesses—even for somewhat decentralized setups.

Concerns focus on consumer protection, preventing money laundering/sanctions evasion, and closing loopholes where “decentralized” claims mask centralized control. Recent reports indicate talks involve the White House, with no full agreement yet. Some drafts leave DeFi sections partially blank or underdeveloped for further negotiation.

The SEC has signaled temporary “innovation exemptions” starting January 2026 to bridge the gap, allowing limited DeFi experimentation under lighter rules until the bill passes. DeFi exemptions are contentious because: Pro-exemption side argues overregulation drives innovation offshore and stifles peer-to-peer finance.

Anti-exemption critics like Sen. Elizabeth Warren’s allies warn broad carve-outs create risks for investors, enable illicit activity, and undermine traditional finance safeguards. If resolved favorably for exemptions, it could unlock massive growth in U.S.-based DeFi.

If stricter rules prevail, many protocols might need to restructure or face enforcement. Overall, the bill is seen as pro-crypto but balanced—expect a hybrid outcome with exemptions tied to verifiable decentralization metrics. Bullish if you’re in true DeFi; cautious if building anything with centralized elements.

EdgeX Surpasses Hyperliquid in 24-Hour Revenue

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As of mid-December 2025, EdgeX, a decentralized perpetual futures exchange incubated by Amber Group has flipped Hyperliquid in daily fee/revenue generation, according to multiple sources tracking on-chain data including DeFiLlama.

Recent posts and reports from December 14, 2025, highlight EdgeX taking the top spot in 24-hour protocol revenue among perp DEXs. This marks a significant shift in the highly competitive on-chain derivatives space, where Hyperliquid has long dominated with $89.5M in monthly fees earlier in December.

EdgeX’s growth is attributed to deep liquidity, lower fees e.g., 0.015% maker / 0.038% taker, strong mobile experience, and real user activity without heavy incentives. Earlier in the month around December 9-10, both platforms were neck-and-neck at ~$1.8M in 24h fees, topping all blockchains.

This “flip” reflects rotating capital and intensifying competition among perp DEXs like EdgeX, Hyperliquid, Lighter, and Aster.

Hyperliquid Introduces Portfolio Margin

In response to growing competition, Hyperliquid announced and launched a major upgrade: portfolio margin functionality. Announced around December 11-12, 2025, and rolled out in pre-alpha on testnet shortly after.

Key features: Unifies spot and perpetual trading under a single balance for maximum capital efficiency. Allows spot holdings to offset perp positions like enabling carry trades with reduced liquidation risk via PnL offsets.

Unused borrowable assets automatically earn yield. Integrates with HyperEVM lending protocols. Initial testnet limits: Strict caps (e.g., < $1,000 recommended), only USDC borrowable and HYPE as collateral; more assets (USDH, BTC) planned before alpha/mainnet.

This is positioned as a game-changer for professional traders, similar to traditional finance portfolio margin systems that have historically boosted derivatives liquidity massively.

The timing aligns with EdgeX’s revenue surge, suggesting Hyperliquid is enhancing its product to retain dominance in trading volume, open interest, and long-term revenue. Both developments underscore the rapid evolution of on-chain perp trading in late 2025, with real fees/revenue not just volume as the key metric for sustainability.

Hyperliquid remains the overall leader in most categories, but EdgeX is closing the gap quickly. This flip highlights intensifying competition in a sector that has exploded in 2025, with cumulative perp volumes exceeding trillions and real fees becoming the key sustainability metric over inflated volume from incentives.

EdgeX’s edge comes from superior user experience— CEX-like mobile app, deep orderbooks, lower fees at ~0.038% taker/0.015% maker vs. Hyperliquid’s higher rates, organic growth without heavy points farming, and strong liquidity attraction.

Traders note it “feels product-first,” with real activity driving the surge. However, Hyperliquid still leads in monthly/annualized revenue ($89.5M in early December vs. EdgeX’s ~$61M), total volume, open interest, TVL ($4.5B), and active users. The 24h flip reflects capital rotation amid market volatility, not a permanent dethroning.

The perp DEX market is maturing into a multi-player race including Aster, Lighter. No single platform dominates indefinitely—traders chase best execution, fees, and liquidity, leading to rapid shifts.

Implications of Hyperliquid’s Portfolio Margin Introduction

Hyperliquid’s rollout of portfolio margin pre-alpha on testnet as of mid-December 2025 is a direct response to competitive pressure, including EdgeX’s revenue gains. Unifies spot and perp balances for cross-offsetting (e.g., spot BTC hedges perp shorts, reducing margin requirements and liquidation risk).

Enables advanced strategies like carry trades with PnL offsets. Unused assets auto-earn yield; integrates with lending protocols. In TradFi, similar systems added $7.2 trillion to derivatives liquidity by improving capital efficiency—a “substantial multiplier” for every new dollar inflow.

Boosts Hyperliquid’s stickiness for professional/high-volume traders, potentially reclaiming volume/share and sustaining long-term revenue dominance. Increases overall on-chain perp liquidity and efficiency, blurring lines with CEXs.

Early testnet limits < $1K recommended, limited assets mean gradual rollout; poor implementation could amplify systemic risks in volatile markets. Timing suggests defense against rivals—could accelerate adoption if mainnet launch succeeds, reinforcing Hyperliquid as the “infrastructure layer” for on-chain derivatives.

Lower fees, better UX, and features like portfolio margin/yield will attract more capital, pushing perp DEXs toward 10%+ of global derivatives market share. Real fees not incentive-pumped volume separate winners—Hyperliquid’s buybacks and EdgeX’s organic growth signal viable models.

Rotating platforms yields best rates/execution; expect more flips as products evolve. High leverage + efficiency could amplify liquidations in downturns; regulatory scrutiny (e.g., expanding CFTC oversight) looms for all.

EdgeX’s flip is a wake-up call showing challengers can close gaps quickly, but Hyperliquid’s portfolio margin positions it to widen its moat for capital-efficient trading. The 2025 perp wars are far from over—expect continued volatility in leaderboards.

Correlation of Major Cryptos has been Unusually High over the Past Week

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Correlations among major cryptocurrencies like Bitcoin, Ethereum, Solana, and others appear to have been elevated in recent weeks as of mid-December 2025, aligning with broader market trends.

High correlations often occur during periods of market stress or consolidation, when investors treat crypto as a single risk asset class rather than differentiating between individual projects.

Bitcoin dominance has been rising hovering around 57-60% in recent data, meaning BTC is outperforming or falling less than most altcoins. This typically signals a “flight to safety” within crypto, where capital rotates into Bitcoin, causing majors to move more in lockstep often downward or sideways together.

The Crypto Fear & Greed Index is in Extreme Fear territory recent readings around 16-27, with some days as low as 21. Extreme fear has dominated over 30% of the past year’s readings, reflecting caution after Bitcoin’s ~30-36% drawdown from its all-time high.

In fearful environments, correlations spike because panic selling hits the entire market. Major coins have shown tightly linked price action: Bitcoin dipped below $90K recently amid thin liquidity and macro caution (e.g., ahead of U.S. data releases), pulling Ethereum, Solana, and others lower.

Longer-term rolling correlations e.g., SOL with BTC/ETH around +0.7 remain strong, and BTC’s correlation with risk assets like stocks has strengthened this year. This isn’t entirely “unusual” in a historical sense—crypto correlations frequently approach 1 during corrections—but it stands out if compared to periods of altcoin outperformance earlier in cycles.

The maturing market with ETFs, institutional flows, and ties to equities has made synchronized moves more common overall.If this persists, it could limit diversification benefits in crypto portfolios short-term, but extreme fear has historically preceded rebounds when sentiment shifts.

Historical Trends in Cryptocurrency Correlations

Cryptocurrency correlations—particularly between Bitcoin (BTC) and major altcoins like Ethereum (ETH), Solana (SOL), and others—have evolved significantly since the market’s early days.

Overall, correlations have trended higher over time as the asset class matures, with institutional adoption, ETFs, and shared macro influences (e.g., interest rates, risk sentiment) causing more synchronized movements.

Early Years (2013–2017): Bitcoin dominance started near 100% and declined as altcoins emerged (e.g., Litecoin, Ripple). Correlations were lower during altcoin booms, but BTC often led rallies. In bull markets like late 2017, altcoins outperformed, reducing correlations temporarily.

During the 2018 crash, correlations spiked as panic selling hit the entire market similar to stocks in crises. BTC dominance rose above 70% at times. In 2020’s “DeFi Summer,” ETH and DeFi tokens decoupled somewhat, lowering correlations briefly.

2021 Bull Peak: High correlations (BTC-ETH often >0.90) during the rally, but altcoins surged in “altseason” phases, with BTC dominance dropping to ~40%.

2022 Bear Market: Correlations approached 1.0 amid contagion (e.g., FTX collapse), with BTC seen as a “flight to safety.”

2023–2024: Post-Ethereum Shanghai upgrade, BTC-ETH correlation declined temporarily from 0.95 to ~0.82 due to ETH-specific narratives (e.g., staking, DApps). However, it remained strong overall 0.70–0.90 for majors. BTC dominance stabilized around 50–60%.

As of mid-December 2025, correlations elevated again during recent corrections, with BTC dominance ~57–60%. Altcoin correlations to BTC slipping slightly in some periods, signaling potential rebounds, but still high amid fear.

Studies show correlations often increase during downtrends and decrease during uptrends when altcoins shine on unique catalysts (e.g., ETH upgrades). The flagship pair (BTC-ETH) has shown rolling correlations fluctuating but trending upward.

Often 0.70–0.95+ in recent years. Spikes near 1.0 in stress; dips on ETH-specific events. Heatmaps reveal most majors cluster tightly with BTC, especially in recent years.

These trends highlight that while diversification within crypto was easier in earlier cycles, high correlations now limit it—especially short-term. Extreme fear like recent weeks often precedes shifts when sentiment improves.