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Monad's MON token experienced a significant surge of 78% above its initial coin offering (ICO) price shortly after launch, briefly pushing its valuation close to $4 billion. This increase provided substantial gains for early investors who purchased the tokens at $0.025 each during the ICO which sold 7.5 billion tokens. The Monad blockchain, designed for fast and low-cost transactions, has seen rapid adoption, with over three million transactions and 18,000 smart contracts deployed within days of its launch. The timing coincided with a rebound in the broader crypto market, further benefiting MON. The structure of the ICO, managed through Coinbase, incentivized investors to hold their tokens by linking future token allocations to holding, which reduced selling pressure and supported the token's price.

Rumors are circulating that JPMorgan Chase has bet against MicroStrategy (MSTR) stock, which is heavily invested in Bitcoin. This has led to speculation that MSTR could experience a short squeeze similar to what happened with GameStop, potentially causing the stock price to jump by 50%. These rumors are fueled by Bitcoin advocates and coincide with some backlash against JPMorgan. Adding to the speculation, there are also unconfirmed reports that the U.S. government might invest in MSTR and Coinbase. However, analysts warn that these claims are unverified and advise caution. MSTR stock closed at $170.50 on November 21, 2025, after a month where it declined by 43% due to a Bitcoin price drop. Short interest in MSTR is at 9.74%, which is less than GameStop's peak during its squeeze, but still enough to cause speculation. A decision by MSCI on January 15, 2026, about whether to classify MSTR as an operating company or an investment vehicle could significantly impact the stock. If classified as an investment vehicle, MSTR could be removed from certain indexes, leading to potential outflows of billions of dollars.

Solana (SOL) is showing signs of potential price increase, with analysts suggesting a possible move towards the $145-$150 range. Solana ETFs have seen 20 consecutive days of inflows, indicating strong institutional interest. Technical analysis points to SOL rebounding from support levels around $138-$140. A break above $150 could lead to further gains, potentially reaching $160. Liquidation data shows a concentration of short positions around $145, which could act as a target during a price recovery. The On Balance Volume (OBV) indicator is currently at a major support level, suggesting a potential shift towards buying pressure. Additionally, SOL is showing relative strength against Bitcoin, indicating a possible outperformance in the short term. The overall outlook suggests a blend of positive fundamentals and improving technicals, but short-term volatility remains a factor.

Bitcoin has experienced its fourth consecutive week of price declines, according to a report by Bitfinex analysts. This marks a significant correction, with Bitcoin falling over 30% in the past month. Short-term Bitcoin holders are selling at a loss, with realized losses reaching levels not seen since the collapse of FTX. The market correction has also led to substantial liquidations, including a record $19.2 billion liquidation event earlier in October. November is also on track to be a negative month for Bitcoin, bucking historical trends where November typically sees positive returns.

XRP is facing significant selling pressure, mirroring broader struggles in the crypto market. Data from Binance indicates that open interest in XRP has fallen to its lowest point since November 2024, suggesting a decrease in trader speculation and leveraged positions. XRP derivatives are showing signs of weakening sentiment and decreasing momentum. Open interest on Binance has dropped from over $1.7 billion to approximately $504 million, reflecting a substantial outflow of liquidity from both long and short positions. Negative funding rates indicate that short sellers are dominating, increasing the likelihood of further price declines unless new investments enter the market. XRP's price has struggled to maintain levels above $2.50, recently hitting lows near $1.90. Rejection from key moving averages shows sellers are in control, with potential for further declines if it doesn't reclaim the $2.40 level.

Bitcoin is currently holding steady around $86,000, a price level that has provided support throughout 2024. Recently, Bitcoin faced selling pressure near $89,000, and analysts suggest it might retest the $85,000 level. Key price targets are identified at $97,000-$98,000 on the upside and $85,000 on the downside, representing areas where many traders have set their buy or sell orders. A successful break above $89,000 could push Bitcoin towards $93,000, while a drop below $85,000 could lead to a fall towards $83,000 or even $80,000. The market's next move may depend on upcoming economic data releases, particularly inflation and employment figures. For now, Bitcoin remains range-bound but stable, supported by continued investment and long-term confidence.

Pudgy Penguins (PENGU) has seen a recent price rebound, increasing 4.97% in the last 24 hours to $0.01103. Buyers defended support around $0.0104, leading to a recovery towards the $0.0110-$0.0112 range. The community sentiment remains optimistic, with some expecting a return to the $0.02 level. Technical analysis indicates a potential breakout if the daily RSI breaks a descending resistance trendline, which could lead to a move towards $0.0116-$0.0120. A five-wave structure on the 1H timeframe suggests targets between $0.01150 and $0.01250 if PENGU holds above $0.01048. A stronger push beyond $0.0125 with increased trading volume is needed for a larger trend shift.

Chainlink (LINK) is being considered as the next cryptocurrency to have a spot Exchange Traded Fund (ETF) after XRP and Dogecoin. Grayscale Investments published research suggesting Chainlink's importance as infrastructure connecting smart contracts and real-world data. Bloomberg analyst Eric Balchunas speculated about a Chainlink ETF potentially launching soon, possibly Grayscale's GLINK. The Depository Trust & Clearing Corporation (DTCC) lists a Bitwise Chainlink ETF, indicating another potential ETF approval. Currently, Chainlink is trading around $12.81, facing resistance, and the approval of a spot ETF could drive its price higher, reversing recent losses. Failure to get the ETF approved might cause Chainlink's price to decline further.

Polymarket has received approval from the US Commodity Futures Trading Commission (CFTC) to operate with full regulatory oversight in the United States, enabling intermediated access to its prediction market for American users. This allows Polymarket to work with regulated entities like brokerages and futures commission merchants. The CFTC's decision signals a more open regulatory approach to event-based trading, potentially attracting larger institutions and increasing liquidity on the platform. Polymarket has enhanced its surveillance tools, oversight policies, clearing procedures, and reporting systems to comply with regulations. The platform has seen significant growth, with over 1.3 million traders and $18 billion in total volume, and is reportedly seeking new capital at a $12 billion valuation.

The article identifies the ten largest Ethereum holders by wallet address. It details the amount of ETH each of these wallets controls, providing a snapshot of the concentration of ETH holdings. The information helps understand the distribution of Ethereum and where the largest portions of the cryptocurrency reside. Specific quantities of ETH held by each wallet are a key element of the report.

The Monad (MON) token is experiencing a significant price increase after its mainnet launch, going up over 70% from its Coinbase sale price while the overall crypto market is struggling. This positive performance is attributed to its token distribution strategy, the listing on major exchanges, and high on-chain activity. Approximately 4.73 billion MON tokens were airdropped to around 289,000 users and $269 million were raised from a Coinbase token sale involving 85,820 participants. The initial trading saw a dip to $0.02, but quickly recovered, reaching around $0.04. This is coupled with 3.7 million transactions, 153,000 active addresses, and 18,000 contract deployments within the first 24 hours. While the rally is expected to continue in the short term, the large amount of locked tokens scheduled to be released over time, may introduce challenges. Ultimately, the long-term success of Monad depends on the growth and development of its ecosystem.

Valereum Plc, a fintech company specializing in regulated tokenization platforms and digital asset infrastructure, has secured a $200 million investment. This investment is structured as investment-grade asset-backed financing. Valereum QGP-SP will also receive a one-year option to acquire up to 49.9% of Valereum Plc. The company intends to use the funds to strengthen its capital position, develop its digital market infrastructure, build a digital asset treasury, and pursue acquisitions to diversify revenue. Valereum aims to use the funding to achieve a NASDAQ/NYSE listing, targeted for the first half of 2026. The article also mentions potential issues with Digital Asset Treasury business models, such as MicroStrategy, because index providers may remove it from major equity indices.

Texas has become the first US state to invest in Bitcoin, purchasing $10 million worth of the cryptocurrency through BlackRock's Bitcoin ETF on November 25, 2025. This was made possible by the Texas Strategic Bitcoin Reserve and Investment Act (SB 21), which was signed into law in June 2025. The $10 million allocation represents a small portion (0.0004%) of Texas's $338 billion biennial budget and will be managed as a standalone reserve by the Texas Comptroller of Public Accounts. The reserve is intended to hold Bitcoin and potentially other large-cap cryptocurrencies, with residents also having the option to donate Bitcoin to the fund. While other states like Arizona and New Hampshire have authorized similar investments, Texas is the first to actually commit public funds to a digital asset treasury. Bitcoin's price was around $86,930, down approximately 3% in the last 24 hours at the time of the report.

Sui (SUI) has experienced a significant price increase of 11% in the last 24 hours, reaching approximately $1.53. Market analysts suggest this could be the start of a larger upward trend. One analyst noted SUI has hit a key support level that historically led to substantial price increases. Another analyst believes SUI will outperform many other cryptocurrencies, highlighting the recent launch of Grayscale's Sui Trust as a potential investment opportunity. Data indicates more SUI tokens are being moved off exchanges, reducing selling pressure. Technical analysis suggests SUI is currently oversold, potentially indicating an upcoming price rebound to the $1.90-$2.20 range.

Tesla's European car registrations significantly declined in October, falling 48.5% to 6,964 units compared to the previous year, marking the tenth consecutive month of drops in the region. This contrasts sharply with the overall European electric vehicle market, which saw a 32.9% increase in registrations. Tesla's market share in Europe has shrunk to 1.6%, down from 2.4% a year ago. Over the first ten months of 2023, Tesla's European sales decreased by 29.6% to 180,688 units. Meanwhile, Chinese EV brands like BYD and SAIC experienced substantial sales growth in Europe, with BYD surging by 207% and SAIC increasing by 46%. Despite the sales slump, Tesla's stock rose nearly 7%, driven by Wall Street's focus on the company's software, AI, and autonomous driving technology. Tesla is anticipated to demonstrate its Full Self-Driving (FSD) software to the Dutch RDW automotive regulator in February for potential approval.

Solana ETFs in the U.S. have experienced 20 consecutive days of inflows, accumulating $568.24 million since their launch in late October. On November 24th alone, these ETFs attracted $58 million, with Bitwise's BSOL leading the way with $39.5 million. The total net assets held by these ETFs, including those from Bitwise, VanEck, Fidelity, 21Shares, and Grayscale, now stand at $843.81 million, representing approximately 1.09% of Solana's market capitalization. This strong demand has led to Bitwise filing for a Dogecoin ETF and Grayscale launching its XRP Trust ETF.

Hyperliquid's (HYPE) price has dropped to $32.90, a 1.62% decrease in the last 24 hours, after breaking below a key price level of $37-$38. Crypto analyst Ali Martinez suggests further potential drops to $33, $30, $28, and $26 if the downward trend continues. Despite this price weakness, on-chain activity is strong, with daily volumes around $309M. Nansen reports accumulation by larger players, with Pantera Capital adding +51.7K, fresh wallets adding $3.9M, and daily buybacks of around $5M. If HYPE can reclaim the descending trendline, potential upside targets are $42, $48, and $55. The $30-$32 range is crucial support that needs to hold to maintain the possibility of a recovery.

VanEck has filed with the SEC to launch the first spot BNB ETF in the US, seeking to list it on Nasdaq under the ticker VBNB. This ETF aims to give both institutional and retail investors access to BNB through traditional brokerage accounts, holding the BNB tokens directly and tracking their price performance. Investors may not immediately receive staking rewards, but the possibility of future staking through a third-party provider remains open. The filing arrives alongside increased activity in the altcoin ETF market, with newly launched DOGE and XRP spot ETFs. Spot Solana ETFs have attracted $843.81 million in total net assets since their launch, noting $57.99 million in inflows on Monday. Similarly, spot XRP ETFs have raised $628.82 million, attracting a whopping $164.04 million in inflows on the same day. BNB is currently trading around $855.71, showing a slight increase alongside other major cryptocurrencies amidst expectations of US Fed rate cuts.

Polkadot's DOT token experienced a price decrease of over 4% on Tuesday, falling to around $2.19 after failing to break through the $2.27-$2.40 resistance area. The price initially rose to $2.40 before reversing, creating a pattern of lower highs, indicating weakening momentum. Trading volume saw a significant surge, increasing by nearly 80% above the daily average, coinciding with the rejection at the $2.27 level. This spike suggests increased selling pressure and reduced buyer participation, as each subsequent attempt to rebound showed less engagement from buyers, leading to sellers dominating the market.

Nvidia responded to concerns that Google's AI chips might challenge its dominance in the AI chip market. Nvidia stated that its technology is still a generation ahead of Google's, emphasizing the greater performance, versatility, and broader applicability of its Blackwell chips compared to Google's Tensor Processing Units (TPUs). Nvidia highlighted that its chips power nearly all AI models across various computing environments, unlike Google's TPUs, which are custom-built for specific tasks within Google. While Meta's potential testing of Google's TPUs initially caused Nvidia's stock to drop by 3%, Nvidia reassured the market that it continues to supply chips to Google. Google confirmed that it supports both its own TPUs and Nvidia's GPUs, noting rising demand for both. Nvidia's CEO, Jensen Huang, reinforced this by stating that Google continues to purchase Nvidia GPUs and that the industry's scaling laws will further drive demand for Nvidia's chips.

Klarna, a Swedish digital bank, is launching its own USD-pegged stablecoin called KlarnaUSD on Tempo, a new blockchain developed by Stripe and Paradigm. The initial goal is to reduce the costs associated with cross-border payments for Klarna's internal operations, with plans to later expand its use to merchants and consumers. Klarna aims to leverage its 114 million customers and $112 billion in annual gross merchandise volume to improve global payments. The stablecoin market is experiencing significant growth, with transaction volumes exceeding $27 trillion annually and a market capitalization of over $300 billion. Other major companies like MetaMask, Western Union, and Visa are also entering the stablecoin space. Klarna recently listed on the New York Stock Exchange and has plans for more crypto-related projects in the future.

Victims of the October 7th attacks in Israel are suing Binance and its founder, Changpeng Zhao, alleging the crypto exchange facilitated the transfer of over $1 billion to Hamas and other groups designated as terrorists by the US. The lawsuit, filed by 306 American plaintiffs in North Dakota, claims over $50 million moved through Binance after the attacks. The plaintiffs highlight specific account activity, such as one account receiving $177 million in deposits and sending out $130 million in withdrawals, as evidence of weak controls. They seek damages under an anti-terrorism law, which could result in a triple award. The lawsuit also references Binance's previous $4.32 billion penalty for anti-money-laundering and sanctions violations, as well as Zhao's prison sentence and subsequent pardon, arguing these show a need for accountability.

Stellar (XLM) experienced a price increase of 2.3%. This rally pushed the cryptocurrency above a significant resistance level, a point where the price had previously struggled to rise. The increase in price was accompanied by a surge in trading volume, indicating heightened activity and interest in Stellar.

Financial expert Robert Kiyosaki is predicting a major global economic crash, pointing to weaknesses in the US, Europe, and Asia, and the impact of AI on jobs. He believes this crash will be a wealth-transfer event. Kiyosaki advises holding assets like gold, silver, Bitcoin, and Ethereum during this downturn. He sees silver as undervalued and predicts it could reach $70 soon and $200 by 2026. Despite the predicted crash, Bitcoin remains a key part of his financial strategy. He clarified that a recent sale of some Bitcoin was not an exit, but part of his strategy to use gains to build cash-flow businesses, emphasizing that he remains bullish on Bitcoin and plans to buy more.

Texas has reportedly become the first U.S. state to purchase Bitcoin. The news suggests that the state government has allocated a portion of its funds to acquire BTC, signaling a potential shift towards broader acceptance and integration of cryptocurrency at the state level. This development could lead to increased legitimacy and further adoption of Bitcoin within the United States.

Texas has become the first U.S. state to allocate funds to Bitcoin by purchasing $10 million worth of the cryptocurrency through BlackRock's IBIT Bitcoin ETF. The purchase was made at an average price of roughly $87,000 per Bitcoin. This move marks the beginning of Texas' Strategic Bitcoin Reserve, aimed at making the state a leader in adopting digital assets. While the initial purchase was made through an ETF for compliance and speed, Texas plans to eventually hold its own Bitcoin directly.

Amazon is investing $50 billion to build new data centers specifically for U.S. government AI and high-performance computing projects, starting in 2026. These data centers will provide federal agencies with access to AI tools, including those from AWS, Anthropic, Nvidia, and Amazon's own processors, all within secure, government-compliant cloud regions. This investment aims to meet the growing demand from government agencies for stronger AI capabilities. This move aligns with broader trends in the tech industry, where companies are making significant investments in AI infrastructure. In addition to the federal project, Amazon is also investing $15 billion in new data center campuses in Indiana, which will add significant computing capacity and create over 1,100 technical jobs. These investments are part of Amazon's larger plan to increase its capital spending to $125 billion in 2025, driven by the increasing demand for computing power for AI models.

The Commodity Futures Trading Commission (CFTC), a U.S. regulator overseeing cryptocurrency derivatives, is establishing a 'CEO Innovation Council'. The CFTC is actively seeking nominations for individuals to participate in this new council. The purpose of the council is to advise the CFTC on innovation and technology trends, specifically within the digital asset and financial technology sectors.

Data from LunarCrush shows that discussions around XRP increased significantly, with nearly 30,000 mentions and almost 13 million engagements. However, the overall sentiment remained uncertain. This increase in activity happened at the same time as news about XRP exchange-traded funds (ETFs) and unverified claims about banking relationships circulated. Recently, XRP ETFs have started trading in the United States, including those from Bitwise and Grayscale. These new ETFs provide more ways for people to invest in XRP, which increases awareness. While the launch of these ETFs has boosted activity and interest, the spread of unconfirmed information can cause sentiment to change quickly. Confirmed partnerships and official approvals have a more lasting impact on the market than unverified posts.

Bitwise CIO Matt Hougan suggests that several major cryptocurrencies, including UNI, ETH, and XRP, are improving their ability to generate value for token holders. For UNI, a proposal to burn 16% of trading fees could increase its value. Ethereum's upcoming Fusaka upgrade, expected in December, may significantly boost revenue by introducing a minimum fee for Layer-2 networks, potentially increasing Ethereum's revenue five to ten times. The XRP community is considering new economic models like staking to improve token utility and value flow to holders. Hougan believes these changes signal a broader trend of increased value capture across the crypto sector, with regulations now allowing projects to add new economic features.

The price of Chainlink (LINK) could potentially increase to $15.00. This potential rise is related to the possibility of Chainlink being listed on an Exchange Traded Fund (ETF).

The Polish Office of Competition and Consumer Protection (UOKiK) has initiated an antitrust investigation into Apple, focusing on its App Tracking Transparency (ATT) framework. The regulator is concerned that ATT may give Apple an unfair advantage in the mobile advertising market by limiting third-party apps' data collection while benefiting Apple's own advertising platform. If found in violation, Apple could face a fine of up to 10% of its annual income in Poland. Apple defends ATT as a tool to empower users to control their data. Separately, Poland is developing a new law to tax online platforms, targeting e-commerce, online advertising, ride-sharing apps, and companies selling user data collected in Poland. The tax aims to generate approximately 2.5 billion zloty ($681 million) annually and will impact companies with at least 750 million zloty ($865 million) in annual revenue. Companies already paying corporate income tax in Poland will be allowed to offset the new levy. The proposal has faced criticism and is intended to create a fairer environment for local businesses.

The BlackRock Bitcoin ETF experienced a $2.2 billion outflow in November, the largest since its launch, alongside a broader $151 million outflow from US Spot Bitcoin ETFs on November 24, with BlackRock's IBIT leading the negative flow at $149.1 million. Despite this, Bloomberg ETF analyst Eric Balchunas remains optimistic, emphasizing that the outflows represent a small portion of IBIT's total assets and that most holders have maintained their positions, also noting that short interest in the BlackRock BTC ETF has decreased to levels seen before the recent Bitcoin surge, indicating reduced speculative activity. While refraining from market predictions, Balchunas acknowledged Bitcoin's history of recovering from downturns and achieving new highs. IBIT stock also saw a price increase of over 5% after the initial data was reported.

Russian crude oil exports are decreasing, averaging 3.25 million barrels per day in the four weeks leading up to November 23rd. This represents a decrease of 110,000 barrels per day compared to the prior period and a more substantial drop of 530,000 barrels per day since mid-October, coinciding with US sanctions on Rosneft and Lukoil. The decline is also influenced by Ukrainian strikes on Russian Black Sea ports and Indian refiners reducing purchases to avoid potential sanctions. Consequently, Russia's weekly export income fell to $1.13 billion, the lowest since early April. Urals crude from the Baltic averaged $46.37, while Black Sea barrels were at $44.77. Meanwhile, OPEC+ is grappling with its own production capabilities, as many members have struggled to meet their targets. The group is reviewing maximum sustainable capacity to guide future production quotas, amid concerns that rising global supply could push crude prices down, potentially requiring further production cuts.

Filecoin's price increased by 9%, signaling a potential end to its previous downward trend in the market.

Kevin Hassett, known for advocating interest rate cuts, is reportedly Donald Trump's leading candidate to become the next Chair of the Federal Reserve. This is a significant development because the Fed Chair influences U.S. monetary policy, including setting interest rates. Hassett's preference for lower rates suggests a potential shift towards policies aimed at stimulating economic growth, which could affect inflation, investments, and the value of the dollar. The markets are expected to react based on the increasing likelihood of his appointment and the anticipated changes in monetary policy that could follow.

Grayscale's Dogecoin ETF (GDOG) started trading on the NYSE Arca on Monday, offering a new way for investors to invest in Dogecoin. The fund launched with $1.7 million in assets. On its first day of trading, GDOG saw $1.4 million in trading volume. This was less than expected, as some analysts had predicted the volume to be as high as $12 million.

U.S. Bank is testing the issuance of its own custom stablecoin using the Stellar network. This means the bank is exploring creating a digital currency pegged to a stable asset, likely the U.S. dollar, and using the Stellar blockchain for its transactions. The test indicates the bank's interest in utilizing blockchain technology for payment solutions and potentially offering new services related to digital currencies.

The cryptocurrency market is showing signs of an upcoming altcoin season, with investors looking for promising projects. Remittix (RTX) is highlighted as a top contender due to its real-world payment system, having raised over $28.2 million. Solana (SOL) is also noted for its recovery to the $135 support level and growing institutional investment through ETFs. Hyperliquid (HYPE) is favored for its decentralized exchange performance, currently trading around $38-$40, with price forecasts estimating a rise to $78-$84 by late 2025. Cardano (ADA) faces price pressure but is expanding its ecosystem with potential Fireblocks support. XRP is currently range bound between $1.65 and $2.41, awaiting a potential breakout after Bitcoin stabilizes. The article emphasizes that Remittix stands out due to its immediate utility in converting crypto to fiat, giving it an advantage over other established cryptocurrencies.

A new proposal, SIMD-0411, has been introduced for the Solana network that aims to reduce the time it takes for Solana to reach its target inflation rate of 1.5%. Currently, Solana's inflation rate is projected to reach 1.5% in roughly six years, but the proposal wants to cut that time in half, so the target would be reached by early 2029. This would be achieved by doubling the rate at which staking rewards decline from 15% to 30% each year. A faster decline in inflation also means fewer new SOL tokens would enter circulation, potentially reducing sell pressure on the market. However, validators who rely on staking income might oppose the proposal because their rewards would decrease more quickly, potentially impacting smaller validators and concentrating stake among larger operators. Approval of the proposal depends on the support of major validators and liquid staking providers.

Kevin Hassett is reportedly the leading candidate to become the next Federal Reserve chair, potentially replacing Jerome Powell. President Trump is said to favor Hassett because he believes Hassett aligns with the administration's desire for lower interest rates. Trump wants a Fed chair who supports aggressive rate cuts to stimulate economic growth. While the White House remains tight-lipped and states that the final decision rests solely with the President, sources indicate that Hassett's name is increasingly being mentioned as a potential replacement. The decision is expected in the coming weeks.

Bitcoin is currently trading around $87,000, and several indicators suggest the recent downward trend may be nearing an end. Analysts predict a potential recovery to between $96,000 and $99,000 if market sentiment improves. One index, the Bitcoin Bull-Bear Structure Index, shows decreasing selling pressure. However, the Bitcoin Futures Flow Index needs to reach a higher level before upward momentum is likely. The difference between Bitcoin's current price and its fair value also supports the $96,000-$99,000 recovery target. While a premium on Coinbase has moved toward neutral, indicating easing pressure, the market structure remains fragile. Bitcoin has seen a slight increase recently, but is still down over the past week, two weeks, and month, remaining significantly below its all-time high. Large Bitcoin holders have been selling, while mid-sized holders have been accumulating.

Klarna, a Swedish financial services company, has launched its first stablecoin called KlarnaUSD. This makes Klarna the first bank to create a token on Tempo, a blockchain platform for payments developed by Stripe and Paradigm. The company intends to use KlarnaUSD for faster and more affordable international payments for its 114 million customers. Klarna will integrate with Tempo and Stripe's stablecoin infrastructure provider, Bridge. Klarna cites stablecoin payment rails processing over $27 trillion annually, while Visa estimates put the transaction volume even higher, at approximately $52.4 trillion over the past year.

Paxos, a blockchain infrastructure company known for its stablecoins, is acquiring Fordefi, a DeFi wallet startup, for over $100 million. The acquisition, announced on November 25, 2025, aims to expand Paxos' presence in decentralized finance (DeFi) and provide its enterprise clients with secure and regulated DeFi access. Fordefi, founded in 2021, specializes in institutional-grade custody and multi-party computation (MPC) wallets, supporting nearly 300 institutions and facilitating over $120 billion in monthly transaction volume. While Fordefi's team and technology will initially operate independently, Paxos plans to integrate Fordefi's wallet technology into its existing infrastructure. This acquisition follows Paxos' earlier acquisition of Membrane Finance to expand its European operations and the launch of Paxos Labs to help partners embed DeFi products into their platforms.

MSCI is considering excluding companies holding large amounts of digital assets, specifically Bitcoin, from its Global Investable Market Indexes. This is because MSCI is questioning whether these firms, termed 'digital asset treasuries,' function more like investment funds than operating companies. The consultation period ends December 31, with a decision expected January 15 and implementation in February 2026. JPMorgan estimates that if MSCI reclassifies just one major company, Strategy, it could trigger approximately $2.8 billion in forced selling by passive investment funds, and potentially $8.8 billion if other index providers follow suit. This proposal has sparked controversy, with some accusing JPMorgan of acting in its own interest and calls for boycotts. The broader issue is how Bitcoin exposure is integrated into traditional investment portfolios, with over 200 U.S. public companies holding around $115 billion in crypto as of September 2025. This shift raises concerns about potential forced liquidations if these companies' stock prices decline, as some have used debt financing to acquire crypto. The rise of Bitcoin ETFs, which offer more direct exposure, is accelerating a shift away from these treasury stocks. The proposed rule would exclude companies with over 50% crypto holdings from equity indexes, triggering billions in passive fund outflows and potentially reshuffling Bitcoin exposure into ETFs.

Monad (MON) experienced a significant price increase of 76% in a 24-hour period, reaching a high of $0.045. This surge follows the launch of Monad's mainnet on November 24, 2025, which led to a substantial increase in trading volume, reaching $1.2 billion. The mainnet launch is expected to foster the development of decentralized finance (DeFi) applications, including lending protocols, yield products, and liquid staking options. The increase in Monad's price also coincides with its listing on major cryptocurrency exchanges like Coinbase and Upbit. While there's potential for further price increases driven by ecosystem grants and partnerships, potential risks include profit-taking and regulatory concerns. If the bullish trend continues, Monad could potentially reach $0.1, or even $1. However, a price drop to $0.025 could trigger further selling pressure.

Anchorage Digital has launched a rewards program for holders of its USDtb and USDe stablecoins. The program is designed to comply with U.S. stablecoin regulations by distributing rewards through a separate entity, Anchorage Digital Neo Ltd. USDtb rewards are linked to short-term U.S. Treasuries, including BlackRock's tokenized money market fund, and are available to institutional holders without requiring staking or lock-up periods. USDe, backed by crypto assets like Bitcoin and Ether, also provides rewards through the separate entity to avoid violating yield-bearing stablecoin regulations. The program aims to offer institutions capital efficiency in treasury management while adhering to regulatory standards.

Ethereum is showing signs of potential recovery after a recent price drop. Analysts are pointing to unfilled price imbalances on charts that could lead to a rise towards the $3,400 to $4,000 range if support around $2,850 holds. Currently, Ethereum is trading near $2,910 after a 4% rebound, supported by institutional buying, including a large purchase by BitMine Immersion Technologies, which now holds about 3% of the total Ethereum supply. However, overcoming the $3,000 resistance level remains a challenge, and technical indicators suggest weak momentum. If Ethereum fails to maintain support, it could fall further towards $2,300. The short-term outlook remains uncertain, with mixed market sentiment among analysts, while long-term projections depend on network upgrades, institutional investments, and broader economic conditions.

A crypto analyst warns that Bitcoin faces a potential crisis from quantum computers, not just because of technical challenges, but more so due to the difficulty in getting the Bitcoin community to agree on how to handle older, inactive Bitcoin holdings. About 32.4% of all Bitcoin hasn't moved in five years, and almost 17% hasn't moved in over a decade. A large portion of these coins are vulnerable to attacks from quantum computers because their public keys are exposed. While quantum-resistant solutions exist, implementing them requires widespread agreement, which is proving to be a major hurdle. Some experts believe a quantum attack could be possible in the late 2020s or early 2030s, though others say it's further off. Some entities, like El Salvador, are already taking steps to mitigate risk by spreading their Bitcoin across multiple addresses. The main concern is the lack of consensus on how to deal with these older coins, as freezing or forcibly moving them is unlikely to be accepted by the community, potentially leaving a significant amount of Bitcoin exposed despite available technical solutions.

A financial strategist is publicly disputing a prediction that Bitcoin's price will reach $220,000 within 45 days. This prediction, made by a South Korean scientist, suggests a significant increase from Bitcoin's current price, which is down more than 31% from its all-time high of $126,000. The strategist, founder of Black Swan Capitalist, called the prediction 'nonsense,' criticizing it for lacking technical analysis and potentially misleading investors. Bitcoin's price has recently fallen more than 20% in the past month, and while some analysts predict a recovery to between $126,000 and $160,000, others suggest it may stabilize around $100,000 or even drop to between $50,000 and $70,000 before a major price increase.

The article highlights three altcoins, BNB, SEI, and DASH, as potentially discounted assets due to recent price drops. BNB is down 37.1% from its all-time high, but has shown strength relative to Bitcoin and Ethereum. A break above $1,016 could lead to targets of $1,183 and $1,375, while a drop below $791 could lead to a test of $730. SEI is down 88% from its all-time high, with increased long exposure from top traders. A break above $0.169 could open the path to $0.195 and $0.240, while losing $0.127 could signal further decline. DASH is down 96% from its all-time high, but is part of the privacy token narrative and shows a negative correlation with Bitcoin. A break above $78 could lead to $107 and higher, while a drop below $52 would risk returning to $41.

The cryptocurrency TON is experiencing a price decrease after a recent increase driven by activity in its ecosystem. Traders are now closely watching the $1.50 price level, which is considered a significant support point. This means that if the price falls to around $1.50, it could potentially stop falling further and possibly rebound.

BlackRock believes stablecoins are progressing faster than Bitcoin for everyday payments because their clients primarily view Bitcoin as a long-term store of value, similar to digital gold, rather than a payment tool. While Bitcoin might eventually expand into payments with scaling improvements, stablecoins are already showing strong growth in cheap and quick money transfers, currently used mostly within the crypto space, but with potential expansion into retail, business, and cross-border transactions. Other industry leaders, like ARK Invest CEO Cathie Wood, agree that stablecoins are filling roles initially expected of Bitcoin, with over 5 million stablecoin users now making monthly payments on Solana. BlackRock sees Bitcoin maintaining its position as a store of value while stablecoins gain practical payment use.

Klarna, a digital bank, is launching its own US dollar stablecoin called KlarnaUSD on the Tempo blockchain, which was developed by Stripe and Paradigm. The stablecoin will initially be used for internal payment processes, with plans to expand to merchants and consumers in the future to streamline international payments and reduce costs. Klarna's CEO, who previously dismissed crypto, now aims to integrate crypto services, highlighting that crypto is now fast, low-cost, secure, and built for scale. Klarna has 114 million customers and $112 billion in annual gross merchandise value. The company aims for its stablecoin to be used in everyday transactions and hinted at more crypto-related partnerships in the future. The launch occurs amidst growing stablecoin usage, with McKinsey estimating annual transaction volume exceeding $27 trillion. The stablecoin market cap jumped from $260 billion to $304 billion between July and November. The European Central Bank reported that the global stablecoin market surpassed $280 billion, led by Tether and USD Coin.

Nvidia's stock price fell 6% following reports that Meta is considering using Google's AI chips in its data centers. This news signals increasing competition in the AI hardware market, previously dominated by Nvidia. Other semiconductor stocks, including AMD, Micron, and TSMC, also experienced declines. Alphabet's stock, however, rose by as much as 4%, driven by growing investor confidence in its AI hardware strategy. Meta could potentially spend billions on Google's tensor processing units (TPUs) starting as early as next year. The market is becoming more cautious about AI stocks overall, with some analysts pointing to potentially inflated valuations. Despite the recent decline, Nvidia's stock remains up 32% year-to-date, while Alphabet's stock has increased by 67% year-to-date.

U.S. Bank is experimenting with creating its own stablecoin on the Stellar blockchain. This means U.S. Bank is exploring using digital money that is designed to be stable in value, similar to traditional currency, but existing on a blockchain. Stellar was chosen due to its ability to freeze or reverse transactions and is backed by PwC and the Stellar Development Foundation. U.S. Bank emphasizes that safety and regulatory compliance are crucial for tokenized assets. The Stellar network boasts a high uptime and fast transaction speeds at a very low cost. Meanwhile, the European Central Bank (ECB) has issued a warning about the increasing risks associated with stablecoins, noting that the total market value of stablecoins has surpassed $280 billion, with Tether (USDT) and USDC being the dominant players.

In the third quarter of 2025, major investors reduced their holdings in MicroStrategy, a company known for holding large amounts of Bitcoin, by about $5.38 billion. This decrease, around 14.8 percent, occurred even though Bitcoin prices remained stable at approximately $95,000. The shift indicates that institutions are finding new, regulated ways to invest in Bitcoin directly, like spot Bitcoin ETFs, rather than relying on MicroStrategy as a proxy. While MicroStrategy still has substantial institutional backing, its role as the primary gateway for institutional Bitcoin investment is diminishing, and its appeal as a leveraged Bitcoin play may further be reduced if Bitcoin falls below $90,000.

U.S. Bancorp (U.S. Bank) is testing a stablecoin on the Stellar blockchain, joining other financial firms exploring blockchain for faster, cheaper payments. U.S. Bank has created a division for crypto and money movement and is working on both holding cryptocurrency for clients and payment testing. They chose Stellar due to its finance-friendly design, including the ability to freeze assets. Stellar has processed $32 billion in payments in the last year and has 9.8 million unique wallets as of September. Other companies like Citigroup, Ripple, Coinbase, and Stripe are also working on similar blockchain solutions for financial institutions, but Stellar emphasizes its independence as an advantage.

Klarna, a large Swedish fintech company, is launching its own stablecoin called KlarnaUSD, which will be backed by the U.S. dollar. This move aims to provide faster and cheaper global payments for its 114 million users. KlarnaUSD will operate on the Tempo blockchain, which is developed by Stripe and Paradigm, and is expected to launch in 2026. This decision follows similar moves by PayPal and Stripe into the stablecoin market. Klarna's CEO, who was previously skeptical of crypto, now believes digital assets are ready for widespread use. This announcement comes as other major companies like Western Union, Visa, and Cash App are also adopting stablecoins, and governments are exploring their own digital currencies. The stablecoin market is currently valued at over $300 billion and is projected to grow significantly in the coming years.

BNB's price is currently around $850, slightly up in the last day but down over the past week. It has returned to a price level that previously acted as resistance in 2024 before BNB broke higher. This level is now being tested as potential support. If buyers increase, the price could potentially rise to between $950 and $1,050. The number of people actively using the BNB Chain network has been increasing, with daily users consistently above 1.5 million since July. More people are also moving their BNB tokens off of exchanges into their own wallets. However, interest in BNB futures contracts has decreased from its September peak, suggesting less speculative trading activity.

The price of Hyperliquid's HYPE token has increased following the announcement that Paxos will use Hyperliquid, along with Plume and Aptos, as launch networks for its new USDGO stablecoin. At the time of writing, HYPE had risen by 3.3% in the last 24 hours, exceeding the overall crypto market's increase of 0.49%. Paxos is launching USDGO on these networks to provide compliant liquidity across multiple blockchains, using LayerZero's technology for seamless transfers. Hyperliquid will integrate USDGO into its trading and lending markets, while Aptos will deploy a version native to its blockchain. However, a significant unlock of HYPE tokens, valued between $314 and $316 million, is scheduled for November 29th, raising concerns about potential selling pressure, although some large investors are currently accumulating HYPE tokens. HYPE needs to stay above $28.98 to maintain its upward momentum, with resistance levels at $35.03 and $39.87. A failure to hold the $28.98 support level after the token unlock could lead to a price decrease to around $25.85.

Victims of the October 7th Hamas attack are suing Binance, a major cryptocurrency exchange, seeking damages. The lawsuit alleges that Binance allowed transactions that facilitated the funding of Hamas, thereby contributing to the attack. The suit claims Binance knowingly or negligently allowed terrorist groups to use its platform. The amount of damages sought has not been specified in available reports. The market implications of this lawsuit are currently uncertain.

South Korea's planned stablecoin regulations are facing delays because the Bank of Korea and the Financial Services Commission disagree on who should control stablecoin issuance. The Bank of Korea wants banks to have majority control to ensure financial stability, arguing stablecoins are similar to deposit-taking instruments and banks are best suited for regulatory oversight. The Financial Services Commission and lawmakers believe tech companies should have a larger role, citing their expertise and concerns that over-reliance on banks could stifle innovation. Despite the regulatory uncertainty and delays, several South Korean tech giants and banks are developing stablecoin infrastructure, and some companies have already launched won-pegged stablecoins. The expected regulatory framework, initially scheduled for late 2025, now has an uncertain timeline due to the ongoing debate.

Companies that hold large amounts of Ethereum (called digital asset treasuries or DATs) are experiencing financial strain. These companies acquired their Ethereum when prices were higher than they are now. With Ethereum currently trading around $2,940, a 28% decrease this month and approximately 41% below its all-time high of $4,946 reached on August 24th, these companies are currently facing significant paper losses amounting to billions of dollars.

Metaplanet, a company, has borrowed $130 million. The company is using its existing Bitcoin holdings as collateral for this loan. Metaplanet intends to use the borrowed funds to purchase more Bitcoin. This indicates a strategy of increasing their Bitcoin assets by leveraging their current cryptocurrency holdings.

Russia is changing its approach to cryptocurrency regulation, moving away from a plan that would have limited crypto trading to only the wealthiest investors. Initial proposals to restrict crypto access to so-called 'superquals,' individuals with substantial assets or income, are being reconsidered in favor of broader market participation. Regulators are now focusing on creating rules that allow more people to engage with crypto within Russia's financial system. Bitcoin is increasingly being integrated into Russia's international trade and banking, offering an alternative method for cross-border payments and navigating economic pressures. Banks are also facing fewer restrictions regarding Bitcoin, with the aim of promoting wider involvement in the crypto sector. This represents a significant shift from Russia's previously cautious stance on digital assets, indicating a move towards a more comprehensive digital asset ecosystem.

Japan's Financial Services Agency (FSA) is planning stricter regulations for crypto exchanges, requiring them to hold cash reserves similar to stock brokers to protect customers in case of hacks or company failures. This move follows significant losses from hacks at DMM Bitcoin (48 billion yen) and Bybit ($1.46 billion). The FSA also aims to establish clear bankruptcy procedures to ensure customer funds are segregated and returned by an independent administrator if an exchange goes bankrupt. Furthermore, the FSA is considering reclassifying major cryptocurrencies like Bitcoin and Ethereum under the Financial Products Transaction Act, which would subject them to stricter advertising rules, risk warnings, and licensing requirements. These changes are expected to be implemented in 2026 after being presented to the Diet.

Metaplanet, a Japanese company holding a significant amount of Bitcoin, has taken out a new $130 million loan to purchase more Bitcoin. This move comes despite the company currently having over $635 million in unrealized losses on its existing Bitcoin holdings. The loan is secured by their Bitcoin reserves and has a floating interest rate. Metaplanet currently holds over 30,000 Bitcoins, acquired at an average price of over $108,000 per Bitcoin. The company plans to use the loan funds to acquire more Bitcoin, expand its Bitcoin income generation activities, and repurchase shares. Metaplanet is also introducing preferred shares to raise capital without diluting existing shareholders. The company's stock is trading below the value of its Bitcoin reserves, a situation also affecting other companies holding Bitcoin.

SKALE, a blockchain platform for AI agent applications, has launched its "Expand" initiative on Base, Ethereum's second-largest Layer 2 network with over $4.3 billion in total value locked. This launch enables SKALE's core smart contracts, SKALE Manager, to operate on any blockchain compatible with Ethereum's Virtual Machine (EVM). Developers will now have access to SKALE's features such as gas-free transactions, quick processing, and private, encrypted data handling. Expand allows the same agent code and payment systems to function across different blockchain networks without modifications for varying gas fees or user experiences.

XRP's price jumped 9% to $2.27 after Franklin Templeton and Grayscale launched their spot XRP ETFs on NYSE Arca. This follows Ripple's $125 million settlement with the SEC. Franklin Templeton's XRPZ ETF will track the CME CF XRP Dollar Reference Rate, with Coinbase as custodian and BNY Mellon handling administration. Grayscale's GXRP is offering a zero-fee launch to attract investors. Bitwise's XRP ETF, launched the previous week, has already attracted $118 million in inflows. XRP is known for its fast 3-5 second transaction times and low fees, with over 3.3 billion transactions processed on its ledger. The article highlights XRP's potential for cross-border payments and connections to payment systems in Asia, the Middle East, and Africa, including BRICS and Japan's SBI Holdings. The launch of these ETFs indicates growing market acceptance, improved technology, and clearer regulations for digital payments.

Bitmine stock (BMNR) has dropped 81% in value since July 2025, despite the company accumulating 3.63 million Ether (ETH) tokens, which is about 3% of the total ETH in circulation. This decline occurred even though ETH itself rose 10% over a similar timeframe. The company, led by chairman Tom Lee, invested heavily in ETH using funds raised through public equity and debt. However, these purchases were often made at high prices, leading to billions in unrealized losses. Other companies with similar crypto-focused strategies have also experienced significant stock declines. Bitmine is aiming to control 5% of the ETH supply, but is currently struggling with substantial losses and the possibility of being removed from major stock indices. As of November 21, Bitmine faced over $4 billion in unrealized losses due to these poorly timed investments, further impacting shareholder value. The company's stock is trading significantly below its implied net asset value, mirroring a broader trend of struggling digital asset treasuries.

Despite overall caution in the crypto market, a few altcoins are showing gains. Kaspa is up about 22% in the last 24 hours, trading near $0.049, driven by interest in its network design. Ethena has increased by roughly 16% to around $0.28, recovering after volatility related to its synthetic dollar system. Quant is up about 12%, trading near $86, supported by its interoperability tools. However, the broader market remains cautious, with most tokens still affected by Bitcoin's performance and economic uncertainty. A true altcoin season isn't here yet, as activity is limited to specific coins and not a market-wide recovery. Any significant recovery depends on Bitcoin stabilizing and a clearer improvement in overall market risk conditions.

Franklin Templeton and Grayscale launched spot XRP ETFs on the New York Stock Exchange, leading to a nearly 9% jump in XRP's price. Franklin Templeton's XRPZ ETF saw significant early trading volume, reaching over $6.4 million in the first 90 minutes. Analysts anticipate these ETFs will increase XRP's liquidity and make it more accessible to mainstream investors. Grayscale converted its existing XRP fund into a physically backed spot ETF, GXRP, and launched it alongside a Dogecoin ETF. These launches coincide with a recovery in the XRP market after recent sell-offs, and it is expected that the availability of regulated XRP ETFs will attract new investors to the space.

A chart analyst known as Charting Guy reiterated his prediction that XRP could reach $8 this market cycle, based on an Elliott Wave structure and Fibonacci extensions on a weekly XRP/USD chart. His analysis uses a Fibonacci framework that projects a rise from a base around $0.25 to a potential peak of $8.29661 by 2026. The chart identifies five impulse waves, with the fifth wave projecting upwards from the current trading range of around $2-$2.30. While some users suggest that XRP could fall below $1.50, the analyst believes the $1.61 level has already established the Wave 4 low, suggesting further downward movement is unlikely. While some followers hoped for XRP to reach $20 or higher, the analyst maintained that $8.29 is his primary target.

Bitcoin's price decline is causing a significant drop in Open Interest (OI), which represents the total value of outstanding Bitcoin derivative contracts. This decline is the largest 30-day drop seen in the current market cycle, indicating that traders are reducing their risk and closing leveraged positions. Binance, the largest crypto exchange, accounts for a substantial portion of this OI decrease. A similar drop in OI was last observed during the 2022 bear market. While this decline may lead to further price pullbacks, historically, such periods of deleveraging have often marked market bottoms and prepared the ground for new bullish trends. The market correction has triggered liquidations and investors who took positions against the trend have fueled the drop in open interest.

Pepe coin is showing signs of stabilizing after a significant price drop in October, currently trading around $0.000004510, up nearly 5% in the last 24 hours. It's holding at a support level that has attracted buyers, and analysts are watching trading volume to see if this indicates a real recovery. A trendline retest suggests a potential end to a bearish phase that started in May 2025, with a possible price target of $0.000022 by 2026 if it breaks through resistance levels at $0.00000958 and $0.00001340. However, Pepe's history of volatility and susceptibility to market sentiment mean investors should proceed with caution and monitor key signals like increased trading volume before assuming a trend continuation.

Hedera (HBAR) has dropped 7.96%, falling below short-term support levels, and analysts are concerned about further declines if buying interest doesn't return around the $0.10 level. Stellar (XLM) has also weakened, breaking below the $0.25 support level it had maintained for several months, raising concerns about potential further price decreases. Simultaneously, Zero Knowledge Proof (ZKP) is gaining attention as a potentially strong crypto project, having built its network with $100 million of its own funding and partnering with FC Barcelona. ZKP will launch through a daily auction of 200 million tokens, capped at $50,000 per wallet, and analysts anticipate significant participation.

Polymarket, a prediction market platform, has received an Amended Order from the U.S. Commodity Futures Trading Commission (CFTC), which allows it to operate as a regulated exchange in the United States. This approval enables Polymarket to offer intermediated access, meaning customers can trade through futures commission merchants (FCMs) and brokerages can directly onboard users. This integrates Polymarket into the traditional U.S. market structure, potentially increasing participation, institutional engagement, and market liquidity. Polymarket has implemented enhanced regulatory safeguards, including surveillance systems, market-supervision protocols, clearing procedures, and regulatory reporting capabilities. Before relaunching in the U.S., Polymarket will adopt additional rules and processes for intermediated trading. Galaxy Digital is in discussions with Polymarket and Kalshi about becoming a liquidity provider.

Donald Trump and his family's crypto ventures, which once significantly boosted their wealth, are now experiencing a major downturn. Their Trump-branded memecoin has dropped nearly 35% in value in just a few days, erasing an estimated $117 million from their holdings. Trump Media, the parent company of Truth Social, has also suffered losses, with the value of Trump's stake dropping by roughly $800 million since September after the company invested in Bitcoin. World Liberty Financial's token price has declined significantly, cutting the value of Trump's holdings nearly in half, dropping by billions of dollars. Eric Trump's stake in the Bitcoin mining company American Bitcoin Corp. has also fallen, wiping out about $300 million. This decline is part of a broader market collapse in the crypto sector, where over a trillion dollars in value has been erased, affecting many retail investors who invested near the peak.

The SEC has granted Fuse Crypto a "no-action" letter for its ENERGY token, meaning the SEC will not pursue enforcement actions against Fuse for selling the token without registering it as a security. The token rewards users for energy-saving actions rather than investment gains. The SEC's decision is based on Fuse's specific plan and could change if the plan changes. Fuse's ENERGY token is used to incentivize participation in programs that reduce strain on the energy grid, such as smart energy usage. This decision follows a similar letter granted to DoubleZero in September and may indicate a more lenient approach from the SEC towards tokens with real-world utility, as long as they adhere to the established guidelines.

Polymarket, the largest decentralized prediction market, has been approved by the Commodity Futures Trading Commission (CFTC) to operate in the United States. The CFTC issued an Amended Order of Designation that permits Polymarket to launch for brokerages and users in the U.S. through Futures Commission Merchants (FCMs) and standard market infrastructure. This approval occurs amidst the growth of prediction markets, with Polymarket and Kalshi expecting record trading volumes in November, driven by events like the NYC Mayoral Election and successful sports betting.

Russian financial regulators are considering easing restrictions on who can invest in cryptocurrencies. Currently, only highly qualified investors, known as 'superquals', who have at least 100 million rubles in bank deposits and securities and proven income from the past year of more than 50 million rubles (approximately $1.2 million and $600,000, respectively) are allowed to buy and sell crypto assets. The Ministry of Finance and the Central Bank of Russia are working towards removing this strict requirement, although some grading or limitations for different investor types may still be implemented. The Central Bank of Russia has already proposed allowing crypto transactions within a special experimental legal regime for cross-border settlements and has authorized financial firms to offer crypto derivatives to qualified investors. They also plan to allow investment funds to acquire crypto derivatives next year and permit banks to work with cryptocurrencies under a separate set of rules. New legislation comprehensively regulating crypto investments beyond the experimental regime is expected in 2026.

Paxos, a company known for its stablecoin and previous work with PayPal, has purchased Fordefi, a crypto wallet startup, for over $100 million. Fordefi specializes in providing secure wallet technology to institutional clients, currently serving nearly 300 of them. This acquisition will allow Paxos to enhance its custody services, particularly for institutions looking to issue stablecoins and create crypto payment systems. Fordefi's technology, which splits transaction approvals across multiple parties for enhanced security, will be integrated into Paxos's existing infrastructure. While owned by Paxos, Fordefi will continue to operate independently during the integration process. This acquisition reflects the growing trend of larger financial firms acquiring crypto wallet providers to meet the increasing institutional demand for secure and regulated digital asset services.

Internet Computer Protocol (ICP) has broken through a significant technical resistance level, indicating positive price movement. The breakout was supported by a surge in trading volume, which further validates the upward trend. This suggests increased investor interest and potential for continued price appreciation for ICP.

Cardano's price may see a potential increase, according to hints from Charles Hoskinson, the founder of Cardano. These hints suggest a possible surge in Total Value Locked (TVL) following a launch event. The launch is scheduled to occur after midnight. TVL represents the total value of assets locked within a decentralized finance (DeFi) protocol. A surge in TVL is generally considered a positive indicator for a cryptocurrency's ecosystem and can lead to price appreciation due to increased usage and demand.

The cryptocurrency BONK has broken through a level of resistance, indicating a potential price increase. This price movement is accompanied by a significant surge in trading volume, with volume being 85% higher than its average level. This suggests heightened interest and activity in the market for BONK.

The cryptocurrency platform Polymarket will now operate as a designated contract market (DCM) and a swap execution facility (SEF) under a new order from the Commodity Futures Trading Commission (CFTC). This means Polymarket will function as a regulated U.S. exchange. The CFTC order permits Polymarket to offer event-based binary options contracts to U.S. customers who are eligible contract participants (ECPs). By operating under CFTC oversight as a registered DCM and SEF, Polymarket agrees to comply with various regulations concerning market surveillance, risk management, and customer protections, essentially legitimizing and formalizing its operations within the U.S. regulatory framework.

Treasury Secretary Scott Bessent is questioning Federal Reserve chair finalists about their plans to simplify the central bank's operations, expressing concerns about its complexity and potential inefficiencies. He specifically highlighted worries about the Fed's ample reserves system and the increasing use of facilities like the Standing Repo Facility. Bessent also wants the Fed to reduce its public communication, suggesting fewer speeches from reserve bank presidents. He pointed out that some regional bank presidents were hired from outside their districts, and that the Atlanta Fed president will be stepping down. Bessent mentioned that the Fed governors seem ready to cut rates, clarifying that President Trump's comments about firing him if he didn't push for lower rates were a joke.

The International Monetary Fund (IMF) identified XRP as one of three potential technologies to improve cross-border payment systems. This was highlighted in a March 2023 IMF report titled "Fintech Note, Trust Bridges and Money Flows: A Digital Marketplace to Improve Cross-Border Payments." The report explores how digital currencies could address the current challenges of slow and expensive international payments.

Bitcoin is experiencing a slight price recovery, currently around $37,000, after a period of losses. During this time, the number of Bitcoin wallets holding at least 100 BTC has increased by 0.47% since November 11, representing an addition of 91 wallets. Conversely, smaller Bitcoin wallets, specifically those holding 0.1 BTC or less, have decreased in number. Indicators suggest this might be a short-term rebound in a complex market rather than the start of a new bull market. While some indexes show signs of an attempted reversal from a bearish trend, they remain in bearish territory overall. The Bitcoin Bull-Bear Structure Index has been bearish since November 11, and although it's recovering, it hasn't shifted to a bullish stance. Similarly, the Futures Flow Index has risen but is still below the threshold needed to signal a bullish shift.

Mono Protocol has implemented a new approach to crypto presales by rewarding user engagement through its Rewards Hub. Users can earn points and bonus MONO tokens by completing daily, weekly, and referral tasks, increasing community growth and project visibility. The presale has reached Stage 18, raising $3.50 million towards its $3.60 million target, with the token price at $0.0525, aiming for a $0.50 launch. During Black Friday, Mono offered a limited-time 100% bonus, doubling every MONO purchase made from November 24-30. The Rewards Hub is designed as a mission center where users complete tasks and earn points tied to bonus tokens. This system promotes transparency, with users understanding how they earn and contribute to the ecosystem. Mono also provides weekly progress reports and development updates, setting it apart from other presale projects that lack transparency. This gamified approach aims to build lasting value and strengthen the network before the token is listed.

The financial world has largely completed its shift to the ISO 20022 standard, with 97% of payment instructions now using it, according to Swift. This standard is designed to improve cross-border payments by carrying more detailed information about each transaction. While consumers may not notice immediate changes in their banking apps, this change is foundational for future payment innovations. A conversion service will handle any remaining payments using the old MT format. Some cryptocurrencies, including XRP, XLM, and HBAR, are already compliant with ISO 20022, which could increase their adoption in traditional financial systems. However, stricter compliance deadlines are approaching, especially regarding address formats, which must be upgraded by November 2026.

Bitcoin is not increasing in value as much as stocks are, even though there are positive things happening that usually make Bitcoin's price go up. This means that while the stock market is doing well, Bitcoin is not keeping pace, despite factors that would typically cause its price to rise.

Federal Reserve Chair Jerome Powell is considering cutting interest rates at the December meeting, but there are disagreements within the Fed about whether it's the right time. The decision is complicated because key inflation and jobs data for October are missing. Despite this, markets are anticipating a rate cut, with traders pricing in an approximately 86 percent chance of a 0.25% cut. New York Fed President John Williams expressed support for a rate cut to support the labor market. Powell needs to balance internal disagreements, missing data, and market expectations when making his decision, which will have implications for the Fed's policy in early 2026.

Ethereum's price is currently holding steady around $2,900. This stability is occurring during a period of significant inflows into Ethereum ETFs (Exchange Traded Funds). BlackRock, a major investment firm, has also purchased a notable amount of Ethereum. This suggests increased institutional interest and investment in Ethereum, contributing to its price support.

Newly launched XRP exchange-traded funds (ETFs) experienced significant activity early in their trading debut. Within the first hour, these XRP ETFs attracted over $16 million in inflows. Bitwise saw the most activity with over 100,000 shares traded. Following this ETF activity, the price of XRP increased by 6%, reaching approximately $2.19. Technical analysis indicates that XRP is currently in a pullback phase, but the overall market structure is still bullish as long as the price stays above the $2.16 to $2.17 support level.

Polymarket, a crypto-based prediction market platform, has received approval from the Commodity Futures Trading Commission (CFTC) to operate a regulated platform in the United States. This marks a return to the U.S. market for Polymarket after previously settling with the CFTC for operating unregistered swaps. The approval allows U.S. users to participate in prediction markets on the platform under regulatory oversight.

The cryptocurrency market is experiencing positive momentum with an overall market value nearing $3 trillion. Amidst this, Monad (MON), a new Layer 1 blockchain, has seen its value increase by 60% after its mainnet launch, reaching a price of $0.03931 with a massive surge in daily trading volume. This is driven by excitement around its technology and integrations with platforms like PancakeSwap and Solana. Conversely, Binance Futures announced it will delist perpetual contracts for PONKE, QUICK, and SWELL on November 28th. Consequently, these three altcoins have seen their prices drop by over 5%. Binance advises users to close their positions in these contracts before the delisting time to avoid automatic settlement.

In November 2025, several new cryptocurrencies are attracting attention from investors. BlockDAG has raised $436 million and is focused on blockchain scalability. Bitcoin Hyper aims to improve Bitcoin's speed using Layer 2 technology. Little PEPE, a meme coin with Layer 2 capabilities, has raised over $27 million and passed a CertiK audit. Remittix is building a payment system connecting crypto with traditional finance, with over $28 million raised and CertiK verification. Layer Brett focuses on Ethereum Layer 2 scaling with staking rewards. Blockchain FX offers a platform for trading crypto, forex, and commodities, with $10 million raised. Pepeto is designed for long-term growth. Remittix is highlighted for its practical use and real-world applications. Crypto presales range between one and three months, depending on the amount of funds raised and the demand of the investors.

On November 21st, the Cardano blockchain experienced a temporary split into two different versions due to a faulty transaction related to staking. This happened because newer versions of Cardano's software accepted the bad transaction while older versions rejected it, creating two separate chains for about 14.5 hours. Exchanges paused the movement of Cardano's ADA coin, and developers worked to fix the issue and bring the network back to a single, unified chain. Cardano's co-founder reported the incident to the FBI to investigate potential illegal disruption of the network. The event highlights the importance of having diverse software versions to prevent such splits, as Ethereum does, and contrasts with Solana's approach of halting the network entirely when issues arise. A former stake pool operator admitted to intentionally submitting the malformed transaction. The root cause was a bug in the code that handles delegation certificates, which was fixed in updated software versions. The network eventually returned to a single chain through voluntary upgrades. The incident also underscores the importance of responsible bug disclosure rather than public exploitation.

Anchorage Digital, a cryptocurrency firm, is planning to offer 'rewards' on Ethena's tokens, pending regulatory clarity under the GENIUS Act. This move signifies Anchorage Digital's intention to engage with and support the Ethena ecosystem by potentially allowing users to earn returns on their Ethena holdings. The implementation is contingent upon the legal framework established by the GENIUS Act, indicating that regulatory approval is a prerequisite for Anchorage Digital to proceed with this plan.