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Canary Capital has filed paperwork to launch a new type of investment fund called an ETF, focused on the meme coin $MOG. If approved, this would be the first ETF of its kind in the US and would allow traditional investors to invest in meme coins through a regulated product. This move could attract more retail investors who were previously hesitant to invest in meme coins. The article highlights three meme coins, PEPENODE, Maxi Doge, and MemeCore, as potential beneficiaries of this increased interest. PEPENODE has already raised $2.1 million in its presale, with tokens priced at $0.0011454 and offering staking rewards. Maxi Doge has raised over $3.99 million in its presale, with tokens priced at $0.000268. MemeCore is already trading on major exchanges with a market cap over $2.5 billion and a spot price around $2.40. The article emphasizes that cryptocurrency investments are risky, and investors should do their own research and only invest what they can afford to lose.

Tether, the company behind the USDT stablecoin, is leasing a network of over 20,000 GPUs (powerful computer processors) to support AI development. This partnership involves Rumble's cloud platform and Northern Data's computing infrastructure. The goal is to build AI tools that are more decentralized, resistant to censorship, and give users more control. Tether will use this computing power to advance its QVAC platform and create AI models and applications, particularly those focused on content creation. This move aims to offer an alternative to centralized AI services provided by large tech companies by providing more accessible AI and content tools to the public.

The European Banking Authority (EBA) has responded to concerns from the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) regarding the financial risks posed by stablecoins. The EBA believes that the EU's Markets in Crypto Assets Regulation (MiCA) already includes safeguards to mitigate these risks, particularly those related to large redemption requests. However, the EBA is seeking clarification from the European Commission (EC) on whether multi-issuance of stablecoins is permitted under MiCA. Some national regulators share the ECB and ESRB's concerns, worrying about potential restrictions on transferring reserves from the U.S. to Europe. The European Commission appears to believe no major changes to MiCA are needed. The EU is also considering shifting oversight of financial markets, including crypto, from national authorities to the European Securities and Markets Authority (ESMA), although some smaller EU nations are resistant to this move, fearing it could harm their financial sectors.

Toncoin (TON) and Plasma (XPL) are experiencing price increases. This follows the announcement that Coinbase, a major cryptocurrency exchange, will list Toncoin. The listing of a cryptocurrency on Coinbase often leads to increased visibility and accessibility, which can drive up demand and price.

The Hyperliquid platform experienced a $4.9 million loss in one of its pools due to an exploit involving the POPCAT meme coin market. A large trader, often referred to as a whale, took advantage of vulnerabilities in the market, leading to the significant financial hit for the pool.

Circle has launched Arc, a new Layer 1 blockchain designed for stablecoins like USDC. The article suggests interacting with the Arc testnet, which is currently free, to potentially qualify for a future airdrop if Arc launches its own token. Users can add the Arc testnet to their Metamask wallet and claim testnet USDC and EURC to use within the network. Suggested interactions include claiming a domain name via Infinity Names for 1 testnet USDC, creating and minting an NFT through Omnihub, and deploying a smart contract using zkCodex. The article emphasizes that the testnet tokens have no real-world value and that this is not financial advice.

Cardano's price is currently around $0.57, a 1% decrease for the day. Despite this, there's a signal of potential optimism as Open Interest in Cardano futures has risen to $680 million. One analyst suggests the price could fall to $0.50 before potentially rebounding to $0.70 if the $0.50 support level holds. Large investors, referred to as whales and sharks, have purchased 348 million Cardano tokens this week, valued at $204 million, indicating their long-term confidence in the cryptocurrency.

Michael Burry, known for predicting the 2008 financial crisis, has closed his hedge fund, Scion Asset Management, for the second time. He cited concerns about an AI-driven bubble and inflated earnings due to companies manipulating depreciation schedules. His fund's latest filings show bearish bets against stocks like Palantir, suggesting he anticipates a market correction. While Burry hasn't invested in crypto, his departure from traditional markets and distrust of inflated valuations, central bank liquidity, and corporate leverage resonate with the views of many Bitcoin advocates. Some analysts speculate that if traditional markets decline, investors might turn to cryptocurrencies as a hedge. Burry has hinted at a new focus starting November 25th.

Ethereum is currently trading at $3533, with a key support level identified at $3350. If Ethereum breaks below this support, it could fall towards $3221. Resistance is seen at $3550 and $3700. The article suggests a potential price target of $5823. Technical indicators suggest a bearish trend as the price is below the 50-day Exponential Moving Average (EMA), which sits at $3550. Traders might consider buying near $3350 or $3280 with a stop-loss below $3280, and selling near $3550 or $3700, with a profit target at $5823. The article emphasizes risk management and cautions readers to trade with a plan, noting that the information provided is not financial advice and that cryptocurrency investments are high-risk.

Charles Hoskinson, a key figure in Cardano, announced that Cardano is now compliant with new tax rules from the IRS and Treasury Department regarding cryptocurrency staking within Exchange Traded Products (ETPs). These rules relate to how staking, a process of earning rewards by holding and validating crypto transactions, is treated for tax purposes within these investment products in the U.S.

Solana's active user addresses have significantly decreased, hitting a 12-month low of 3.3 million after a peak of over 9 million in January, largely due to a decline in memecoin trading enthusiasm. Despite this, Solana's total value locked (TVL) in decentralized finance applications exceeds $10 billion, led by platforms like Jupiter, Kamino, and Jito. Solana's price has seen a recent downturn, dropping approximately 25% over the past month, but its infrastructure is expanding into areas like decentralized exchanges and real-world asset protocols. Interestingly, Solana ETFs have experienced substantial inflows, surpassing Bitcoin and Ethereum ETFs, with total assets under management exceeding $369 million, including significant inflows into Bitwise and Grayscale's Solana funds. The New York Stock Exchange has also introduced options trading for Solana ETFs.

Solana is showing signs of renewed interest. This week, large investors, known as whales, have put approximately $26 million into Solana and have opened long positions worth $457 million. Solana Exchange Traded Funds (ETFs) from Grayscale and Bitwise, which hold about $351 million in Solana, have experienced consistent inflows since their launch. SoFi Bank has become the first U.S. bank to enable users to purchase Solana directly through their checking accounts, increasing accessibility for retail investors. This activity suggests a potential rebound for Solana, driven by institutional investment through ETFs and increased retail access via traditional banking.

The US government has formed a new task force, including the Department of Justice, FBI, and Secret Service, to combat cryptocurrency scams originating from Southeast Asia and linked to Chinese organized crime. These scams, often initiated through social media or text messages, lure victims into investing in fake crypto tokens. Victims are persuaded to transfer funds to fraudulent websites, and the money is then laundered into accounts outside the US. Americans are reportedly losing around $9 billion annually due to these pig-butchering scams. The task force, called the Scam Center Strike Force, is working to seize assets, prosecute criminals, and return stolen funds to victims. The Strike Force has already confiscated over $401 million in crypto scams and initiated forfeiture proceedings for an additional $80 million. Operations have included shutting down scam centers and working with international law enforcement to combat scam compounds.

Taiwan is considering adding Bitcoin to its national reserves. The country's central bank and Executive Yuan are evaluating Bitcoin as a strategic asset and exploring pilot programs using seized Bitcoin, following arguments that it could diversify reserves and reduce reliance on the US dollar. A legislator, Dr. Ju-chun Ko, cited the risks of over-reliance on the US dollar, global inflation, and the volatility of the New Taiwan Dollar as reasons to consider Bitcoin. Taiwan currently holds significant gold and foreign exchange reserves, mostly invested in US Treasury bonds, and Bitcoin would act as a complementary asset. The proposal follows similar moves by the US, El Salvador, and Argentina. In related news, Taiwanese authorities uncovered a $75 million crypto money-laundering ring, indicting 14 individuals for defrauding over 1,500 victims through fake crypto exchange franchises, highlighting the need for stronger crypto oversight.

Immutable X is holding steady around $0.41 while Gala is trying to stay above $0.010. A new Web3 gaming project called EV2, a sci-fi shooter RPG, has raised over $203,000 in its presale, selling more than 20 million tokens. Immutable X is working on its Ethereum Layer 2 solution to reduce gas fees for gamers. Gala is integrating its GalaChain TCC to reach over 600 million users in China. EV2 focuses on team-based and survival gameplay, offering players the chance to earn in-game items and EV2 tokens.

The U.S. Treasury is launching two stimulus programs. First, households earning under $100,000 could receive $2,000 rebates in cash or tax credits. Second, every child born after January 1, 2025, will have a $1,000 investment account created in their name. The expectation is that both initiatives will increase available cash for consumers and liquidity in the markets. This could indirectly benefit cryptocurrencies as people invest some of this extra money in riskier assets like Bitcoin and other altcoins. The child investment accounts will be invested in U.S. equities, meaning these could lead to further indirest investments into the crypto market.

The Sui blockchain is launching a new stablecoin called USDsui. This digital currency is designed to maintain a value of one U.S. dollar and will be compliant with U.S. regulations. The launch, scheduled for later this year, is a collaboration with Bridges Open Issuance platform and aims to bring a regulated digital dollar option directly to the Sui network.

The memecoin POPCAT experienced a 43% price drop after a trader manipulated its market on the decentralized exchange Hyperliquid. The trader withdrew $3 million in USDC from OKX, spread it across 19 wallets, and created large long positions totaling $20-30 million. They artificially inflated demand by placing a $30 million buy wall at $0.21, attracting other traders. The price crashed when the trader removed the buy wall, causing liquidations. The trader lost their $3 million collateral, and Hyperliquid's HLP system absorbed the positions, resulting in a $4.9 million loss to the HLP. Hyperliquid paused its Arbitrum bridge after taking emergency measures to stabilize the market. Total liquidations reached $63 million, and Hyperliquid's native token, HYPE, decreased by 7% on the weekly timeframe. This is the third major market disruption on Hyperliquid this year.

An analyst has identified a Triangle pattern forming on Chainlink's 1-week price chart, suggesting that the price is currently consolidating between roughly $13 and $26. This range is considered a 'no-trade zone,' and a significant price movement is expected once Chainlink breaks out of this range. The type of triangle pattern observed is somewhere between Symmetrical and Ascending, with resistance around $26 and support around $13. A breakout is more likely as the price nears the end of the pattern. Currently, Chainlink is trading around $15, down nearly 4% in the last 24 hours.

Circle, the company behind the USDC stablecoin, reported strong financial results for the third quarter, with reserve income exceeding $700 million, a 60% increase compared to last year. This growth was largely driven by a significant rise in the amount of USDC in circulation. The company also saw increases in other revenue streams. While expenses also rose, Circle's net income jumped by 202% year-over-year. Looking ahead, Circle is considering launching a native token on its Arc network, a blockchain designed for stablecoin transactions. This token is intended to encourage participation and growth within the Arc network. Despite the positive financial news, Circle's stock price (CRCL) experienced a 7% drop in recent trading.

Bitcoin is currently trading around $103,400 with about $74.5 billion in trading volume over the last 24 hours. Analysts are observing that Bitcoin's price may be approaching a support level near $94,000, coinciding with a 66-week exponential moving average and an unfilled CME futures gap. Historically, Bitcoin has often rebounded after touching this EMA. A potential death cross formation, where the 50-day simple moving average crosses below the 200-day SMA, is also being monitored as previous instances have been followed by rallies. Another analyst suggests a possible head-and-shoulders pattern forming, with a neckline around $100,000 and a potential drop to $83,000 if broken. Bitcoin's daily chart is slightly bearish, ranging between $100,000 and $107,200. Increased volatility is noted, and while miner hash rate is strong, whale inflows have slowed, leading to cautious trading.

Australian authorities are warning that cybercriminals are exploiting the ReportCyber platform to steal cryptocurrency from users. These criminals use stolen personal information to impersonate law enforcement, contacting victims and tricking them into transferring funds from their crypto wallets to supposedly secure accounts. One example involved a victim receiving calls from individuals posing as AFP officers and crypto platform representatives, who used a fake ReportCyber reference number to gain trust. Fortunately, the victim grew suspicious and avoided losing funds. Officials emphasize that law enforcement will never ask for access to crypto wallets or other financial information. In response to rising crypto scams, Australia is giving AUSTRAC the power to restrict high-risk crypto services, including crypto ATMs. A sample of 90 active crypto ATM users found that 85% had fallen victim to scams. Australians lost $3 million to crypto ATM scams in the 12 months ending January, with the elderly being primary targets.

Cardano (ADA) is showing technical patterns that suggest a potential price increase. An analyst on X noted that the daily Relative Strength Index (RSI) for ADA has reset in a pattern similar to what was observed in July. During that time, ADA's price increased by 97% over 54 days. The current falling wedge pattern also indicates a possible bullish reversal for Cardano.

The cryptocurrency POPCAT experienced a significant price drop of 25% after a trader manipulated its value on the Hyperliquid exchange. The trader used approximately $3 million to create a $30 million leveraged position, artificially inflating the price. When the trader removed their support, the price crashed from $0.20 to $0.12, leading to $5 million in losses for Hyperliquid's liquidity pool. The platform intervened by closing positions and temporarily pausing its Arbitrum bridge to manage the damage. This event resulted in a substantial liquidation of POPCAT positions, with $65 million liquidated in 24 hours, primarily from long positions. Analysts suggest POPCAT's price could fall further if support levels don't hold.

An expert from BlackSwan Capitalist believes XRP could become a digital store of value like gold, operating independently from Bitcoin and Ethereum. He suggests XRP's primary function will be in settlement and liquidity efficiency within real-world financial systems, rather than being driven by market hype. As financial institutions increasingly recognize XRP, it could serve as a bridge for digital assets and anchor global liquidity in the digital age. The expert also noted that XRP's potential is linked to the growing tokenization of real-world assets and a possible upcoming shift toward quantitative easing by the Federal Reserve, potentially leading to a new liquidity cycle where assets like XRP could perform well.

Shiba Inu's SHIB token is showing signs of recovery, currently trading around $0.00000980 after hitting lows near $0.0000075 in October. Immediate support for the price is at $0.00000950, with critical support at $0.00000840. Resistance levels are observed at $0.00001000, $0.00001300, and $0.00001510. The recovery is potentially driven by the growth of the Shibarium network and ongoing token burns, which aim to reduce the token's supply. Daily trading volume has been around $172,908,684. The increasing adoption of Shibarium, along with its integration into gaming and metaverse projects, is seen as a key factor influencing SHIB's future price dynamics. Analysts believe that the token burns, driven by Layer-2 adoption and utility, may increase scarcity.

The article discusses five crypto presales that are expected to grow strongly in November. These projects offer opportunities for early investors. Bitcoin Hyper aims to create a Bitcoin Layer-2 solution and has raised nearly $27 million in its presale. Best Wallet Token is the utility token for the Best Wallet app, offering benefits like reduced fees and staking rewards and has raised nearly $17 million. PEPENODE is a meme coin with a Mine-to-Earn model, having secured over $2.1 million in its presale. Maxi Doge, another meme coin, focuses on community and utility with futures trading and staking and its presale has generated $3.9 million. Finally, SUBBD Token focuses on AI-powered tools for content creators, and has raised $1.3 million in its presale.

Shiba Inu (SHIB) is attempting to break above its 200 EMA line. This push is being driven by increased buying of SHIB by crypto investors. SHIB, the second-largest memecoin, has been in a period of accumulation since its price fell below $0.000007 in October 2025.

AirTrunk, an Australian data center company owned by Blackstone, is expanding into India due to strong demand and a large, digitally active population. This follows a recent AU$16 billion refinancing deal to build and maintain centers in other Asian locations. The company is also involved in a potential AU$5 billion data center project in Western Sydney, Australia, and a $3 billion agreement with Saudi Arabia's Humain to develop data centers there. Blackstone, a major investor in India, sees significant potential for data center growth in Asia despite possible challenges like electricity shortages. AirTrunk aims to play a key role in the global AI ecosystem by offering large-scale data processing capabilities.

Tencent Holdings' shares have risen 11% in the last three months, reaching HK$651, driven by strong gaming revenue growth. Investors view Tencent as a relatively safe investment amid concerns about an overheating AI-driven tech bubble. The company's total shareholder return is up 62.38% over the past year. Tencent was the leading mobile game publisher worldwide in October, and 32 Chinese companies accounted for 35.6% of the top 100 global mobile game publishers' revenue. New game releases, legacy game stability, and overseas expansion are key to Tencent's gaming strategy. Honor of Kings experienced a 32% revenue increase in October due to higher user engagement. The number of issued shares decreased by 8.23 million to 9.14 billion due to buybacks. CLSA forecasts a 14% increase in total revenue and a 21% increase in adjusted EBIT for Tencent in the third quarter of 2025, with online gaming revenue expected to rise by 18% and online advertising revenue by 20%. CLSA also expects commercial services income to increase by over 20% year-over-year and has increased adjusted net profit forecasts for fiscal years 2025 and 2026.

Scammers in Australia are using the government's cybercrime reporting system, ReportCyber, to trick people into sending them cryptocurrency. The scammers file false reports using stolen personal information and then contact victims pretending to be police officers. They use the fake reports and stolen data to appear legitimate and pressure people into transferring their crypto into fake "secure" wallets. The Australian Federal Police (AFP) warns people to be cautious of unsolicited calls about ReportCyber submissions and emphasizes that real officers will never ask for access to crypto accounts or banking information. If contacted about a ReportCyber submission you didn't make, authorities advise hanging up and calling 1300 CYBER1. This warning comes as Australia is increasing its efforts to regulate crypto, including considering regulating crypto ATMs and removing scam websites.

The Solana memecoin POPCAT experienced a significant price drop, falling 21.49% in 24 hours amidst volatile trading. The price fluctuated between $0.1249 and $0.2054, with a trading volume of $243.6 million. This decline followed the liquidation of $63 million in long positions on the Hyperliquid exchange, including one position worth $21 million. An unidentified trader withdrew $3 million USDC from OKX, divided it among 19 wallets, and used these funds to create large long positions on POPCAT, placing roughly $20M worth of buy orders at $0.21. This created a buy wall that attracted other traders before being removed, triggering liquidations. Hyperliquid absorbed $4.9 million in losses and temporarily paused its Arbitrum bridge. This incident marks the third market disruption on Hyperliquid this year, raising concerns about systemic risk.

SEC Chairman Paul Atkins has introduced Project Crypto, a new initiative aimed at clarifying how digital assets are classified under U.S. securities laws. According to Atkins, most crypto tokens are not securities simply by existing on a blockchain. The SEC will continue using the Howey Test, but with more flexibility to assess digital assets. A key principle is that tokenized traditional assets maintain their original legal status (e.g., a tokenized bond is still a bond). However, labeling something a token or NFT doesn't exempt it from SEC oversight if it functions like an investment where profits depend on others' efforts. The SEC is also considering allowing non-security tokens to be traded on platforms regulated by the CFTC or state agencies, fostering innovation while protecting investors. Tokens initially sold as securities can transition to non-securities status if their networks become decentralized.

The Bitwise Chainlink ETF (CLNK) has been listed on the Depository Trust and Clearing Corporation (DTCC) platform. This is a key step before a potential SEC approval, indicating progress towards the ETF being available for trading, which would allow institutions easier access to Chainlink. Despite this positive development and Chainlink's co-founder participating in a Federal Reserve Fintech Conference alongside executives from JP Morgan and Amazon, data shows that many Chainlink holders have been selling off their tokens. However, large investors, known as whales, have accumulated over 4 million LINK tokens in the past two weeks, driving exchange balances to a two-year low. This suggests these large holders are moving their tokens off exchanges in anticipation of higher prices. Currently, the LINK token is trading at $15.93, up nearly 3% in the last 24 hours.

The company that recently filed for the first spot XRP exchange-traded fund (ETF) in the United States has now submitted paperwork for a new fund called MOG. The filing indicates the company's continued expansion into offering diverse cryptocurrency investment products within the U.S. market. The specific details and investment strategy for the MOG fund were not detailed in the article.

President Trump signed a bill ending the 43-day government shutdown, which led to positive reactions in the crypto market. Bitcoin rose from around $99,300 to over $105,000 following the news, representing an approximate 6.7% increase. Ethereum also saw gains, climbing back towards $3,600. The market upswing is attributed to reduced fiscal uncertainty, allowing larger investors and ETFs to move funds more freely. Analysts caution that these gains may be temporary, with potential for volatility if political gridlock returns or technical resistance levels hold.

According to EasyA co-founders Phil and Dom Kwok, XRP could play a key role in asset tokenization. Tokenization involves converting real-world assets like real estate, art, or stocks into digital tokens on a blockchain. This process would potentially allow investors to more easily access and trade these assets, increasing liquidity and making investments more accessible to a wider range of people.

President Trump hosted top banking executives, including leaders from JPMorgan, BlackRock, and Goldman Sachs, at the White House. The meeting aimed to foster collaboration on economic and regulatory policies amidst concerns about inflation, interest rate volatility, and capital requirements. The White House seeks banks' support in rebuilding industries related to national security, energy, and manufacturing, referencing JPMorgan's $1.5 trillion investment plan. Executives discussed concerns about past policy decisions, including tariffs, and sought clearer economic direction. Some executives, like Citigroup's CEO, were absent due to prior commitments or strategic considerations. Share prices of major banks increased, indicating positive investor reaction to potential policy changes.

Cypherpunk Technologies, formerly Leap Therapeutics, launched a Zcash Digital Asset Treasury (DAT) strategy with backing from Winklevoss Capital after closing a $58.88 million private placement. The company has already acquired 203,775 Zcash (ZEC), representing 1.25% of the total ZEC supply, for approximately $50 million. They plan to increase their holdings to at least 5% of the total supply. Cypherpunk Technologies will focus on Zcash, viewing privacy-protecting assets as important in the digital world, and will trade on Nasdaq under the ticker CYPH. Winklevoss Capital's investment highlights the importance of privacy and self-sovereignty, with Tyler Winklevoss comparing Zcash to encrypted Bitcoin. Zcash has recently experienced significant price volatility, including a large rally followed by a correction, and is currently trading around $507.

Coinbase has launched its Coinbase Business platform in Singapore, marking its first expansion of the service outside of the United States. Coinbase Business offers startups and small businesses an all-in-one financial platform for trading digital assets and making global payments in USDC. Standard Chartered, which already partners with Coinbase for retail user transfers, will support this expansion by facilitating Singapore dollar transfers for business customers. Currently, Coinbase Business Singapore is only available to businesses with early access.

Circle, a company known for its USDC stablecoin, announced its third-quarter results showing growth in several areas. The amount of USDC in circulation increased by 108% compared to last year, and total revenue rose by 66%. The company's net income also saw a significant jump of 202%. However, despite these positive results, Circle's stock price dropped by about 7% over two days. Investors are concerned about the company's profit margins, which have shrunk due to rising costs and lower returns on the reserves backing USDC. Distribution costs increased as partners held more USDC, and returns on reserves decreased because of lower interest rates. The company also increased its spending forecast for the year. In addition, some of the reported profit came from one-time tax benefits and accounting adjustments, rather than core business improvements. While Circle is exploring new ventures like the Arc network, investors are primarily focused on the profitability of its USDC operations and the potential impact of falling interest rates.

Cypherpunk Technologies, a company traded under the ticker $LPTX, announced it bought 203,775 units of the cryptocurrency Zcash ($ZEC) for $50 million. Since the purchase, the value of their Zcash holdings has increased, resulting in an unrealized profit of $54 million for the company.

Solana (SOL) is at a critical point, facing potential price swings. Recent movements show that FTX and Alameda have moved a large amount of Solana tokens, which could lead to selling pressure. Simultaneously, Solana ETFs have seen consistent inflows, reaching $351 million in assets, indicating strong institutional interest. SoFi Bank now allows customers to buy Bitcoin, Ethereum, and Solana directly, increasing Solana's accessibility. The $80 billion market cap is identified as a key level; holding above it could lead to a target price of $1,000, while falling below it could see Solana drop back to $100. Currently, Solana is trading around $152.

Bitcoin's price recently fell almost 4% but has since rebounded. Some market indicators suggest a potential bottom is forming, which could lead to a new all-time high. Bitcoin has been trading within an ascending channel since April, using its lower trendline as support. A metric called NUPL, indicating holder profit or loss, has also dropped to a level seen at a previous cycle bottom in April. However, a significant amount of Bitcoin supply is concentrated between $109,895 and $110,192, acting as a resistance level. This level also aligns with a Fibonacci level at $109,683. Bitcoin needs to close above $109,683 to signal a breakout. A break below the channel's lower trendline would invalidate the bottom setup, potentially leading to further price declines towards $98,758.

SharpLink Gaming's Q3 2025 revenue increased by 1,100% year-over-year, reaching $10.8 million, largely due to gains from staking Ethereum (ETH). The company's ETH holdings grew to 861,251 by November, representing nearly $3 billion in crypto assets. SharpLink launched a $1.5 billion stock repurchase plan and partnered with Superstate to tokenize SBET shares on Ethereum. They also deployed $200 million on the Linea network via ether.fi and EigenCloud to increase their exposure to Ethereum's decentralized finance (DeFi) ecosystem. The company's Ethereum strategy involves maximizing staking rewards while managing risk, and its balance sheet reflects a strong liquidity position with $3 billion in crypto assets, $11.1 million in cash, and $26.7 million in USDC. Further corporate developments included a $76.5 million direct offering priced at a premium, and the addition of new executives to strengthen their DeFi strategy.

Hyperliquid, a cryptocurrency platform, experienced a $4.9 million loss due to alleged market manipulation involving the POPCAT meme coin. The incident is described as a possible example of aggressive trading tactics that resulted in significant financial consequences for the platform.

Bitcoin's price experienced a recovery on Thursday morning after briefly falling below $101,000 on Wednesday evening. This rebound is attributed to President Trump signing a bill to end the record 43-day US government shutdown. The end of the shutdown, which had caused uncertainty in the markets, led to Bitcoin's price increasing by almost $3,000. Several other cryptocurrencies also saw positive movement, with ZEC rising by 12%, IP by 11%, XRP reclaiming the $2.50 level, and Ethereum exceeding $3,500 after a 3% increase.

Sui Network has launched USDsui, a new stablecoin backed by fiat currency, with the goal of boosting payments, DeFi, and real-world adoption within its ecosystem. USDsui, issued by a Stripe company, Stablecoin, is designed to be fully compliant, interoperable, and optimized for the Sui blockchain's architecture, aiming for seamless use across wallets, DeFi apps, and in-game economies. Sui processed over $412 billion in stablecoin volume between August and September 2025, indicating strong demand for stable value onchain. Unlike bridged stablecoins, USDsui is native to Sui, promising faster execution and lower latency. It is designed for scalability and compliance from the start, aligning with the GENIUS Act framework. USDsui will be integrated across Sui's wallets and major DeFi protocols, interoperable with other stablecoins on Bridges Open Issuance platform, and connected to real-world payment systems. The stablecoin is regulatory-primed and can safely integrate yield mechanisms while remaining fully compliant.

SharpLink reported a significant increase in revenue for the third quarter of 2025, reaching $10.8 million compared to $0.9 million in the same quarter last year, representing an 1,100% jump. The company's net income also increased substantially to $104.3 million from a net loss of $885,000 a year prior, with earnings per share at $0.62. SharpLink holds a large Ethereum (ETH) treasury, totaling 817,747 ETH valued at around $3.0 billion, along with $11.1 million in cash and $26.7 million in USDC. They are planning to deploy $200 million worth of ETH on the Consensys Linea platform through ether.fi and EigenCloud. The company's Board approved a $1.5 billion stock buyback program, and it repurchased 1,938,450 shares for $31.6 million as of September 30. In October, SharpLink completed a $76.5 million registered direct offering at a premium and increased its ETH holdings by purchasing 19,271 ETH, bringing their total to 859,853 ETH. Analyst firms like Bernstein, B. Riley, and Citizens have initiated coverage with positive ratings and price targets ranging from $24 to $50, citing the company's Ethereum activities and financial performance.

A court in Dubai has frozen $456 million in assets linked to a case involving the TrueUSD (TUSD) stablecoin. The case revolves around the alleged misuse of TUSD reserves, where funds meant to be held in a reserve account were instead diverted to a Dubai-based company called Aria Commodities DMCC. Tron founder Justin Sun had previously stepped in to cover this $456 million shortfall to protect TUSD holders. The court order prevents Aria Commodities DMCC from moving or dealing with assets up to that value. Techteryx Ltd, the company that operates TrueUSD, claims that funds were diverted from their intended reserve account. Justin Sun has stated they are actively working to recover the missing funds.

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Circle, the company behind the USDC stablecoin, reported strong third-quarter results, with revenue up 66% year-over-year to $739.8 million and net income up 202% to $214 million. The amount of USDC in circulation rose 108% to $73.7 billion. However, the company's stock price dropped because Circle increased its forecast for full-year operating expenses, now expecting to spend between $495 and $510 million, primarily due to investments in its new blockchain network called Arc. While investors are excited about Arc's potential, they are also concerned about the increased spending impacting Circle's profits in the short term. Circle is positioning itself as a key player in digital finance infrastructure, not just a stablecoin issuer, and continues to see rising adoption of USDC for payments and settlements.

An XRP community member suggests that the introduction of XRP Exchange Traded Funds (ETFs) could significantly increase XRP's market capitalization, potentially adding $1 trillion after they become available. This bullish sentiment follows the approval of the Canary Capital XRP ETF (XRPC).

JP Morgan has launched its JPM Coin on Coinbase's Base network. Unlike stablecoins, JPM Coin represents actual dollar deposits held at JP Morgan Chase and can earn interest, making it one of the first interest-bearing, institution-grade blockchain tokens. This allows corporate and institutional clients to transact on the blockchain with the backing of a major bank. The launch follows a pilot program with companies like Mastercard and Coinbase, focusing on cross-border payments. Now, payments can be settled in seconds, 24/7, instead of hours or days. JP Morgan also revealed it holds over 5 million shares of BlackRock's Bitcoin ETF, valued at approximately $343 million, indicating a larger push into crypto. Deposit tokens like JPM Coin aim to combine the benefits of blockchain with the safety of traditional banking, potentially reshaping wholesale payments. JP Morgan believes this launch will modernize payments, making them faster and more transparent.

Binance has been ranked number one in both spot and derivatives trading by CoinDesk's 2025 Exchange Benchmark, earning an AA rating. It is the only platform to score above 90 in both areas. The CoinDesk report points to increasing maturity within the cryptocurrency industry, noting that more exchanges are becoming regulated, audited, and are publishing proof-of-reserves. The report suggests Binance is leading the way in transparency and operational effectiveness as the crypto industry evolves.

Solana, a blockchain platform, is experiencing a decrease in user activity. The number of active addresses on the Solana network has fallen to 3.3 million, reaching its lowest point in a year. This decline coincides with a decrease in popularity of memecoins, which had previously fueled growth on the platform in 2024.

After a six-week shutdown, the U.S. government has reopened after President Trump signed a funding bill passed by Congress. This means around 800,000 federal workers will receive their missed paychecks. The bill doesn't cover all programs, like Affordable Care Act subsidies or SNAP food benefits, which will be addressed later. During the shutdown, the U.S. accumulated over $619 billion in new debt. Following the news, the crypto market saw a positive reaction. Bitcoin increased to over $102,400, Ethereum rose almost 2% to $3,450, and XRP jumped 4% to $2.44. The global crypto market capitalization reached $3.45 trillion, indicating increased investor confidence. Experts anticipate greater stability in both traditional and crypto markets as government agencies resume operations and release delayed economic data.

Seven spot XRP ETFs are scheduled to launch on major U.S. exchanges like Nasdaq, NYSE, and CBOE within 12 days, starting November 13th. These ETFs will hold actual XRP. Companies like Franklin Templeton, Bitwise, CoinShares, and 21Shares are involved. Canary Capital's XRPC ETF will be the first, with a fee of 0.50%. Bitwise XRP ETF will have the lowest fee at 0.34%. Grayscale and WisdomTree will also launch XRP ETFs. Analysts anticipate that these launches could lead to significant inflows and potentially drive XRP's price to a new all-time high. XRP is currently trading around $2.50, below its previous high of $3.80.

A market commentator has made a price prediction for XRP, contingent on the cryptocurrency achieving widespread use in global markets. The prediction is based on speculation of full global adoption of XRP.

Pendle is a DeFi protocol for trading future yield, currently priced at around $2.70. Technical analysis shows it trading near its 20-period SMA with key support at $2.556 and resistance at $2.762. Price predictions estimate a potential high of $7.65 in 2025, with an average of $4.78, but it could fall to $1.91 in a bearish scenario. Longer-term forecasts suggest a possible peak of $80.21 by 2030, with an average price of $50.13, though the low could be $20.08 if the market declines. Pendle tokens are traded on exchanges like Binance, Gate.io, and MEXC.

Canary Capital's spot XRP ETF, trading under the ticker XRPC, has been approved by Nasdaq and is set to launch on Thursday's US market opening. This marks the first spot XRP ETF registered under the Securities Act of 1933. The approval follows a 20-day review period after Canary Capital filed Form 8-A. This will be the sixth single crypto asset in ETF wrapper after BTC, ETH, SOL, Litecoin, and Hedera. In related news, Canary Capital has also filed for a MOG Coin ETF. The approval comes as the US House voted to end a 42-day government shutdown and amidst discussions about a bipartisan market structure proposal in the Senate Agriculture Committee.

Nasdaq, a U.S. stock exchange, has approved and certified the listing of the first spot XRP Exchange Traded Fund (ETF). This XRP ETF, created by Canarys, will trade under the ticker symbol XRPC. This marks the first time an ETF directly holding XRP has been available on a major U.S. exchange.

The SUI Network has received a significant boost due to the success of Astro, a decentralized exchange (DEX) focused on perpetual futures trading, which has reached $100 million in trading volume. This growth is further supported by the launch of a new stablecoin on the SUI network. These developments signal increased activity and confidence in the SUI blockchain, potentially attracting more users and investment.

The UK's Q3 GDP is expected to show modest growth. The Office for National Statistics (ONS) is set to release the data on Thursday, projecting an annualized growth of 1.4% and a 0.2% increase compared to the previous quarter. The Bank of England (BoE) anticipates a 1.5% economic expansion for the year and might lower its policy rate by 25 basis points in December, influenced by a cooling labor market and slowing inflation. The previous quarter saw a 0.3% growth, and recent monthly figures show a 0.1% increase in September, with October expected to remain flat. The BoE has revised its Q3 GDP forecast to 0.2%. Inflation remains high, with the headline CPI rising by 3.8% YoY in September. The GBP/USD is currently facing resistance around 1.3200, with potential upside targets at 1.3270, 1.3382 and 1.3420, while a drop below 1.3010 could lead to a fall towards 1.2707.

The Ethereum Foundation, along with Vitalik Buterin, has published a 'Trustlessness Manifesto' on the Ethereum blockchain. This document emphasizes Ethereum's commitment to enabling cooperation without relying on trusted third parties. The key principles highlighted are credible neutrality, self-custody of assets, and the ability to verify information independently. The manifesto is stored permanently on the blockchain within a special contract that has no owner or administrator. People can pledge their support to the manifesto by interacting with the contract, which records their address and the time of their pledge.

BitGo, a cryptocurrency custodian, experienced a glitch that caused approximately 11,000 failed transactions on the XRP Ledger. This occurred because BitGo's automated system attempted to create new XRP accounts even after its wallet ran out of XRP, which is required for account creation. The issue stemmed from a missing balance check in the automation code. The problem was quickly identified by the XRP community, and BitGo resolved it by adding 1,048 XRP back into the depleted wallet. Although no user funds were affected and the ledger's security wasn't compromised, the event highlighted the importance of safeguards like balance checks and transaction limits in automated blockchain operations to prevent similar disruptions.

The Japan Exchange Group (JPX) is considering implementing stricter regulations on publicly listed companies that accumulate significant amounts of cryptocurrency, known as Digital Asset Traders (DATs). This action follows substantial losses experienced by retail investors. The JPX may enforce stricter rules for backdoor listings, require re-audits, and limit financing for companies that primarily focus on accumulating crypto assets. The exchange has already requested three potential DATs to temporarily halt their listing plans. Currently, Japan has 14 publicly traded companies that purchase Bitcoin, the highest number in Asia. Metaplanet, the largest of these companies, has seen its value decline by over 75% since June.

The UK and the US are exploring the creation of a joint crypto 'sandbox,' a testing environment designed to align their digital asset regulations. The UK-US Crypto Alliance suggests talks are already underway. This sandbox could potentially allow crypto firms licensed in one country to operate in the other without needing separate permits, a system known as 'passporting.' This initiative builds upon earlier cooperation, including a transatlantic task force studying joint crypto regulation projects. The Bank of England is also proposing new rules for stablecoins, mirroring similar actions in the US. Some fear the UK could fall behind due to slow progress, as crypto startups may move to countries with clearer rules and stronger government support. The joint sandbox is seen as a potential step toward global crypto standards, fostering cooperation instead of competition.

The Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, is considering implementing stricter rules for listed companies that hold significant amounts of cryptocurrency, also known as digital-asset treasury companies (DATs). This is due to concerns about investor protection following substantial losses in crypto holdings. JPX is exploring stricter enforcement of rules against companies going public through mergers (backdoor listings) and may require audits for companies heavily investing in crypto. Reportedly, JPX has already asked three firms to pause their plans to acquire cryptocurrencies, suggesting that their fundraising could be limited if they proceed. While JPX doesn't have explicit rules against crypto accumulation, it's monitoring companies that raise risk and governance concerns, especially after shares of crypto-holding companies have dropped significantly, leading to losses for retail investors. Other exchanges in Asia, including Hong Kong, are also tightening scrutiny of companies seeking to list with significant crypto holdings.

Bitcoin is currently trading around $100,000 with little price movement recently. One analyst notes Bitcoin's price is no longer directly tied to the M2 money supply and may remain rangebound between $90,000 and $120,000 until the Federal Reserve injects more liquidity, expected next year. The $100,000 level is acting as a support zone, and Bitcoin is near long-term support levels on the weekly chart. If the price goes above $112,000, a short-term rally might occur, but if it drops below $103,000, it could fall to around $99,000. The market is waiting for a clear breakout above or below the current range to determine the next price trend.

The Dubai Digital Economy Court has issued a worldwide freeze on $456 million linked to Justin Sun's bailout of Techteryx, the company behind the TrueUSD stablecoin. The court found evidence suggesting a breach of trust and aims to prevent the funds from being moved before Hong Kong courts can determine ownership in a case alleging fraudulent misappropriation of invested reserves. Techteryx initiated legal action in Hong Kong against several entities, claiming the funds were wrongly transferred. Disputes have arisen over the nature of the transfers, with conflicting accounts regarding whether they were loans or investments. The court in Dubai has stated that this freeze order protects the process of potential enforcement in the Supreme Court.

Ethereum is showing signs of stabilization around the $3,450 level after a period of volatility. A key market participant, Bitmine, is currently holding Ethereum at a $1.8 billion unrealized loss, but continues to accumulate more. This suggests that major players have long-term confidence in Ethereum. The US government reopening could bring macroeconomic data that influences the market. For Ethereum, holding above $3,400 and moving higher is crucial. Bitmine has added over 70,000 ETH since November, demonstrating conviction in Ethereum's future. The current market environment is marked by uncertainty, but Bitmine's accumulation could signal a potential recovery phase. Ethereum's weekly chart shows it is holding above a key support zone near $3,400, which coincides with the 50-week moving average. A weekly close above $3,700-$3,900 could confirm renewed bullish momentum, while a breakdown below $3,300 may trigger a deeper correction.

The SEC Chairman Paul Atkins announced plans to create a clearer system for classifying crypto assets, called a token taxonomy. This system aims to distinguish between crypto assets that should be regulated as securities and those that should be treated as commodities. Atkins emphasized that not all tokens are securities, even if they were initially offered as part of an investment contract. He criticized previous approaches that treated all tokens as securities, arguing for a more practical approach that encourages innovation while protecting investors. The SEC intends to work alongside ongoing legislative efforts to provide clear regulatory guidelines and robust fraud enforcement in the crypto space, focusing on defining clear boundaries and providing transparent guidance to developers, exchanges, custodians, and investors.

President Trump signed a bill into law, ending the 43-day US government shutdown. The House passed the funding bill, which Trump signed at 9:45 PM ET. The shutdown's end restores access to crucial economic data for the Federal Reserve. Market reactions are anticipated to include a short-term relief rally and a heightened awareness of governance risk as a new factor influencing the economy.

Starting in February 2026, Brazil's central bank will classify stablecoins as foreign currency, subjecting them to the same regulations as transactions involving dollars or euros. This move requires crypto companies operating in Brazil to obtain licenses and adhere to stricter standards, similar to those of banks, including enhanced customer checks, anti-money laundering safeguards, and detailed transaction reporting. Licensed crypto firms can handle stablecoin transactions, while transfers involving unregistered foreign entities will be capped at $100,000. When self-custody wallets interact with regulated platforms, the platform must verify the wallet owner and record the movement of funds. These measures aim to increase transparency, reduce fraud, and align digital assets with the country's financial system, with about 90% of crypto activity in Brazil involving stablecoins used for payments.

A report by Bybit's Lazarus Security Lab investigated 166 blockchain networks and found that 16 major blockchains possess the ability to freeze or restrict user funds. The research identified three main methods for freezing funds: hardcoded freezing, configuration-based freezing, and on-chain contract freezing. Examples cited include Sui freezing $162 million after a Cetus hack, Aptos implementing blacklisting capabilities post-incident, BNB Chain preventing a $570 million bridge exploit, and VeChain freezing funds after a $6.6 million hack in 2019. The report advocates for transparency regarding emergency intervention tools and suggests projects should publicly disclose their ability to interfere with on-chain activities. The research emphasizes that clear safety mechanisms are crucial for building long-term trust in the cryptocurrency industry.

On November 13, 2025, several key events impacted the crypto world. The Pi Network is approaching its mainnet upgrade, with successful testnet performance indicating a smooth transition. Hyperliquid exchange experienced a $30 million manipulation, leading to $4.9 million in losses and a pause of its Arbitrum bridge. ETF inflows continue to surge, with over a trillion dollars invested this year, including $500 million into Bitcoin ETFs, reshaping market dynamics. Legal expert Bill Morgan suggests upcoming US laws might classify Bitcoin and XRP as commodities, providing regulatory clarity. Finally, the US government shutdown ended after 43 days with President Trump signing a funding bill into law.

Analysts suggest the US Dollar Index (DXY) is now a better indicator of Bitcoin's price direction than the global M2 money supply. The DXY measures the dollar's strength against other major currencies. A strong dollar (high DXY) often coincides with a decrease in Bitcoin's value, as it signals a move towards safer investments. Conversely, a weaker dollar (low DXY) can lead to a Bitcoin rally. While some analysts predict the dollar will weaken, potentially boosting Bitcoin, others anticipate a stronger dollar, which could negatively impact Bitcoin. The article emphasizes that tracking the DXY is crucial for understanding Bitcoin's movements in the current market.

Ethereum co-founder Vitalik Buterin believes decentralized finance (DeFi) is becoming a real alternative to traditional banking, potentially serving as primary bank accounts and savings options for users. He acknowledged that while DeFi has matured and can offer refuge from fiat systems and political interference, it still faces security challenges, citing the Balancer breach. Buterin advocates for transparent, interoperable, and uncensorable DeFi systems, suggesting developers focus on bridging Ethereum's main network with Layer 2 solutions for scalability. He highlighted that Ethereum is already scaling, with some projects handling over 10,000 transactions per second. Buterin also discussed using Zero-Knowledge (ZK) proofs to improve blockchain security and privacy, particularly in voting systems. He defended Ethereum's 43-day unstaking delays, comparing staking to a commitment to defend the chain, where quitting should involve friction.

The article discusses the potential impact on XRP's value if Bitcoin reaches $1 million, a price point speculated by some crypto leaders. It highlights that altcoins, like XRP, could significantly increase in value in such a scenario. The crypto market has recently experienced a downturn with prices falling.

South Korea's NH NongHyup Bank is piloting a system using stablecoins to automate VAT (Value Added Tax) refunds for tourists. This project aims to make refunds faster and easier by using blockchain technology to eliminate paperwork and enable instant settlements. The pilot program is a collaboration with Avalanche, Fireblocks, Mastercard, and Worldpay and will test using smart contracts to automate the VAT refund process. This initiative supports South Korea's broader digital finance strategy, including the development of Korean won-pegged stablecoins, and comes as tourism in the country has increased significantly, with 16.37 million visitors in 2024.

The Tokyo Stock Exchange is considering placing restrictions on companies that primarily hold digital assets like cryptocurrencies in their treasury. This potential limitation could impact firms whose main business involves managing or holding substantial amounts of crypto assets. The specifics of these limitations and how they will affect listed companies are still under discussion, but the move signals a cautious approach by the exchange operator towards companies heavily involved in the digital asset space.

The cryptocurrency XRP experienced a 3% price increase. This movement coincides with the expected launch of an Exchange Traded Fund (ETF) linked to a token associated with the company Ripple. This ETF is scheduled to begin trading at the opening of the U.S. market.

An XRP ETF is scheduled to launch on Nasdaq tomorrow, November 13. Eleven ETF issuers, including 21Shares, ProShares, and Franklin Templeton, are listed on the DTCC site. XRP is currently trading around $2.41, with potential movement towards $2.45-$2.57 if support at $2.28 holds. A drop to $2.20 is possible before any rally.

Hedera (HBAR) is a Layer 1 network using Hashgraph technology for faster and more efficient transactions compared to traditional blockchains. HBAR boasts low energy consumption, high transaction speeds, and minimal fees, making it suitable for real-world applications. A key feature is its Governing Council, comprised of major global organizations that manage the network, ensuring decentralization and trust. The article highlights the approval of a Hedera HBAR ETF (Canary HBAR ETF) and notes there are 15 total ETF filings referencing HBAR. The Canary HBAR ETF has seen positive inflows, reaching 387.4 million HBAR under management, valued at $67.9 million. Currently, HBAR is trading around $0.19, showing a 15% increase. Its peak was $0.375. Technical analysis suggests potential price movements depend on market conditions and ETF performance, with possible ranges between $0.25-$0.40 if things work out.

The Ethereum Foundation and Vitalik Buterin have published the Trustless Manifesto on the Ethereum blockchain at address 0x32AA964746ba2be65C71fe4A5cB3c4a023cA3e20 (ENS: trustlessmanifesto.eth). This manifesto outlines the core values of decentralized protocols, including self-custody, verifiability, and resistance to centralized control. The manifesto is stored as an immutable smart contract that cannot be edited. Users can show their support by using the pledge() function, which records their address and timestamp as a supporter without offering any financial rewards. This action signifies a commitment to maintaining Ethereum's trustless nature. The goal is to reinforce decentralization principles and influence how developers, builders, and infrastructure providers approach their work within the Ethereum ecosystem and the broader crypto market, shifting the focus toward trust-minimized design.

Paul Barron highlighted a strategy where large funds can gain exposure to XRP at a discounted price. He pointed to VivoPower's method of indirectly holding XRP by investing in Ripple's shares. According to Barron, this approach allows companies to effectively own XRP without paying the direct market price.

Dogecoin is experiencing a downward trend, with a 5% price decrease. The cryptocurrency's price is currently testing its weekly Exponential Moving Average (EMA) support level, suggesting potential further price declines if this level is breached.

Solana's price showed some gains this week, potentially indicating future increases. Large cryptocurrency holders, known as whales, have increased their activity, contributing to this price uptick. Over the past three days, these whales have invested approximately $26 million into Solana and have also executed over $457 million in long positions on Binance and OKX. This renewed interest from whales suggests they believe Solana's price has recently dropped enough to warrant a recovery. Additionally, Solana Exchange Traded Funds (ETFs) have seen positive flows since their launch in late October, with Grayscale and Bitwise Solana ETFs collectively holding about $351 million worth of the cryptocurrency. Unlike Bitcoin and Ethereum ETFs, Solana ETFs have not experienced any days of negative flows. SoFi bank has also announced it will support Solana trading services, allowing users to access SOL through their checking accounts.

Dogecoin (DOGE) experienced a price correction, falling below $0.1780 but is currently holding support around $0.1680, suggesting a potential for a fresh price increase. It's trading below $0.1760 and the 100-hourly simple moving average, with a bearish trend line forming resistance at $0.1760. If DOGE fails to surpass the $0.1820 resistance, it could decline further, with key support levels at $0.1700 and $0.1680. Conversely, a break above $0.1880 might push the price towards $0.20 or even $0.2120. Technical indicators like the MACD and RSI suggest growing bullish momentum.

The SEC has introduced Project Crypto, a new framework for classifying digital assets, aiming to bring regulatory clarity to the cryptocurrency market. According to SEC Chairman Paul Atkins, most crypto tokens currently trading are not securities, particularly once networks become decentralized. Traditional financial assets, like tokenized stocks and bonds, will still be treated as securities. NFTs, digital commodities, and utility tokens are expected to be exempt from securities laws. The SEC's Crypto Task Force is collaborating with Congress to modernize crypto regulations while maintaining investor protection and strict fraud enforcement, and is coordinating with other regulatory bodies like the CFTC to oversee different types of tokens.

Crypto analyst Crypto Patel predicts Dogecoin's price could increase significantly, potentially reaching $2 or $5 this cycle from its current price of around $0.17. This prediction is based on historical chart patterns showing similar breakouts in 2017 and 2021. Dogecoin broke out of a long-term descending triangle pattern in December 2024 and retested the trendline. Short-term technical indicators suggest a possible rise to $0.2002 by December 12, 2025, even though current market sentiment is bearish. Bitwise has filed for a Dogecoin ETF, which, if approved, could attract institutional investment. On-chain data shows large holders are decreasing their holdings, while retail activity is increasing.

Morgan Stanley is advising Bitcoin investors to consider taking profits, suggesting that Bitcoin is entering a period historically associated with losses. Bitcoin's price recently dipped below $99,000, a level that some analysts see as a negative signal. This decline is happening as people take profits and interest in AI and tech stocks cools down, impacting the broader market. Bitcoin fell nearly 3% to around $103,000. Liquidity in the crypto market is also slowing down, potentially leading to more price swings. Ethereum and several other altcoins also experienced losses. Despite this short-term caution, Morgan Stanley remains positive about Bitcoin's long-term potential as a hedge against inflation, noting that institutional investors increasingly see it as digital gold. Spot Bitcoin ETFs hold over $137 billion in assets, while Ethereum ETFs account for $22.4 billion.

Leap Therapeutics has rebranded to Cypherpunk Technologies and is shifting its focus to privacy-focused blockchain assets. The company invested $50 million to purchase 203,775.27 Zcash (ZEC) tokens at an average price of $245.37 each, funded by a $58.88 million private placement led by Winklevoss Capital. This move positions Zcash as a core treasury asset for Cypherpunk, reflecting its belief in privacy as a fundamental right and economic opportunity. The company's ticker symbol will change to CYPH on Nasdaq starting November 13. Cypherpunk is betting on Zcash's privacy-preserving technology, zk-SNARKs, and its fixed 21 million coin supply to capitalize on the growing need for privacy in blockchain applications.

On November 13, 2025, the cryptocurrency market showed mixed performance. Real World Asset (RWA) tokens increased by 2.05%, with Sky rising by 9.01% and Keeta by 5.32%. NFT tokens also went up by 2.01%, driven by Zora's increase of nearly 19.5%. Bitcoin decreased by 0.8%, falling below $103,000, while Ethereum increased slightly by 0.56% to around $3,400. PayFi tokens saw a 1.51% gain, influenced by Telcoin's surge of 61.7%. The Meme and Layer 1 sectors experienced small losses, although some individual tokens like Zcash and Giggle Fund performed well.

Nasdaq has approved Canary Capital's XRP ETF for trading, paving the way for its launch today. This means investors will be able to buy and sell shares representing ownership of XRP, the cryptocurrency, through a regulated exchange like Nasdaq. The launch is significant because it offers a more accessible and potentially regulated way for investors to gain exposure to XRP without directly holding the cryptocurrency itself.

Canary Capital's XRP ETF ($XRPC) has been certified for listing on Nasdaq and is scheduled to launch tomorrow at market open, making it the first spot XRP ETF in the U.S. market. While more than 20 XRP ETF filings have been submitted, Canary Capital's fund is the only one launching tomorrow. ETF issuers are required to buy a small amount of XRP as seed capital before launch. Canary Funds CEO Steven McClurg expressed his excitement for the launch, attributing its success to the SEC leadership.

Polymarket, a prediction market platform, has relaunched in the U.S. in a limited beta mode, allowing select users to place real-money bets. This follows a $1.4 million fine paid to the Commodity Futures Trading Commission (CFTC) in 2022 and the platform's move offshore. To facilitate its return, Polymarket acquired QCX, a CFTC-licensed derivatives exchange and clearinghouse, providing a compliant way to operate in the U.S. The rollout will be phased, with wider access expected later. This U.S. reopening aims to connect blockchain technology with regulated trading systems, and it aligns with growing interest in prediction markets and sports betting.

Solana Company, trading under the ticker HSDT on the Nasdaq, is tokenizing its shares on the Solana blockchain using Superstate's Opening Bell platform. This allows investors to hold and trade their shares as tokens in crypto wallets, enabling 24/7 trading. These tokenized shares remain SEC-registered, ensuring legal protection and shareholder rights. A $500 million investment led by Pantera Capital and Summer Capital supported this move, which aims to bridge traditional finance with blockchain technology. Each token represents a real share of HSDT, providing ownership rights and compliance with U.S. securities law. This initiative could lead to wider adoption of tokenized public equity in capital markets.

SharpLink Gaming reported a significant increase in revenue and profit for the third quarter of 2025, primarily due to its investment strategy focused on Ethereum. The company's revenue jumped 1,100% year-over-year to $10.8 million, and net income reached $104.3 million. This success is attributed to holding a large amount of Ethereum, which increased from 817,747 to 861,251 tokens between September 30 and November 9, 2025, and deploying these tokens into yield-generating activities like staking. SharpLink is also investing $200 million in the Consensys Linea platform for DeFi applications. They have also initiated a $1.5 billion stock repurchase program and completed a $76.5 million direct stock offering. The company has appointed new executives to focus on asset management and blockchain infrastructure.

The price of Uniswap's UNI token has jumped more than 70% in the last week due to increased interest from individual investors. This follows the announcement of a proposal called UNIfication, which includes plans to activate fees for the protocol for the first time. High-value transactions involving whales have reached a four-year high, and the number of new UNI wallets has hit a three-year peak. The UNIfication proposal aims to burn 100 million UNI tokens, about 16% of the circulating supply. Fees generated by the protocol will be used to burn UNI tokens. A budget of 20 million UNI per year will be used to fund ecosystem development starting in 2026.