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Bitcoin is currently trading around $87,000, approximately 30% below its all-time high of $126,000. Market indicators suggest selling pressure may be easing, although overall market structure remains bearish. Bitcoin is trading about 11% below its 30-day fair value, hinting at potential undervaluation. The Bitcoin Bull-Bear Index shows a weakening of bearish control, with the indicator starting to reverse after a sustained shift to the bearish side since November 11. The 100-week moving average is acting as a support level, and maintaining this level could lead to a recovery towards the $95,000-$102,000 range. Losing this support could see Bitcoin fall to the $75,000-$78,000 range. A key threshold to watch is the 50-week moving average; reclaiming it would signal a recovery, while continued trading below it indicates weakening trend strength.

The XRP market is experiencing volatility, with prices fluctuating significantly, including a recent drop to around $1.83 before a slight recovery to $2.24. An analyst notes that this volatility is shaking out inexperienced holders, while long-term holders remain steadfast. Large XRP holders, identified as whales, have reportedly sold over 180 million XRP tokens during a recent price increase. New XRP Exchange Traded Funds (ETFs) in the US from Franklin Templeton and Grayscale have seen positive inflows, totaling $164 million on Monday, which has helped to offset some of the selling pressure from the whales.

MON, the native token of the Monad blockchain, experienced a 19% price increase after its airdrop, rising from $0.025 to about $0.042. Although some recipients quickly sold their airdropped tokens, the trading volume surged to approximately $400 million on Upbit, $233 million on Coinbase, and $160 million on Bybit within 24 hours. The token's initial public sale price was $0.025. Despite mixed reactions and concerns about the low circulating supply, some traders anticipate further price increases, with one trader, Arthur Hayes, suggesting a potential price target of $10.

A Bitcoin whale known as 1011short has made a $10 million bet on Ethereum by opening a leveraged long position worth $44.15 million on the decentralized exchange Hyperliquid. The whale used 15,000 ETH to back the position, entering at a price of $2,945.83 per ETH. Currently, the position is experiencing an unrealized loss of over $38,000 as Ethereum trades around $2,896. The whale's liquidation level is set at $2,326.6, providing a buffer against further price drops. Across the broader cryptocurrency market, a recent market reversal triggered $337.86 million in liquidations of leveraged positions, affecting 112,021 traders, with short positions in Bitcoin and Ethereum taking the biggest hit. The largest single liquidation occurred on Hyperliquid DEX, with an $8.61 million BTC-USD order being wiped out.

An International Monetary Fund (IMF) report highlighted XRP as a potential technology for improving global cross-border payments. The report identified issues with current international payment systems, such as high costs and slow processing times due to reliance on bank trust networks and stringent compliance. The IMF proposed a global digital marketplace where tokenized money, including XRP, could be exchanged more efficiently across borders, potentially reducing costs and speeding up transactions. XRP's dedicated payment network was cited as a possible settlement model within this marketplace, enabling faster and more affordable transfers. The IMF report considered XRP as a viable solution to current inefficiencies in global payments.

JPMorgan Chase has closed the business bank account of Houston Morgan, Head of Marketing and Protocol Relations at ShapeShift, a decentralized crypto trading platform. Morgan received a text stating his business account was at risk of closure and subsequently found he couldn't access his business or personal accounts. A Chase representative informed Morgan the bank was ending business with him to safeguard the institution, without providing specifics or allowing an appeal. The business account, containing approximately $40,000, was frozen. Morgan was warned his personal account would also be closed. This follows similar account closures affecting Strike CEO Jack Mallers. Senator Cynthia Lummis criticized these actions as undermining trust in traditional banks and pushing the digital asset industry overseas.

Nvidia's stock (NVDA) decreased by 3.2% after reports surfaced that Meta may start using Google's Tensor Processing Units (TPUs) for some of its AI work. Nvidia responded by defending its position in the AI hardware market, stating that its AI platform is a generation ahead of competitors and that its GPUs are more versatile and offer superior performance. The company also emphasized that its platform is the only one capable of running every AI model across all computing environments. Despite the stock drop, analysts believe Nvidia's broad ecosystem and extensive software support will help the company mitigate any immediate risks from Meta's potential shift. As of the latest update, NVDA stock was priced at $176.68.

Klarna, a major buy-now, pay-later company, is launching its own stablecoin called KlarnaUSD, pegged to the US dollar. It will run on a blockchain developed by Stripe. Klarna aims to use the stablecoin to reduce costs associated with international payments for both shoppers and merchants. Initially, KlarnaUSD will be used internally for large global transfers, with plans to expand its use to merchant and consumer transactions. This move marks a shift for Klarna, whose CEO was previously skeptical of crypto, as the company seeks to diversify its revenue streams and become a full digital bank. Klarna's shares have dropped more than 30 percent since listing on the New York Stock Exchange in September, so investors are looking to the company to find paths to profitability. The success of KlarnaUSD will depend on adoption, regulation, and its ability to deliver actual cost savings in a competitive market.

The South African Reserve Bank issued a warning about the increasing risks posed by digital assets, particularly stablecoins, to the country's financial stability. As of July 2025, there were 7.8 million crypto users on the top three South African exchanges, with approximately $1.5 billion held in custody at the end of 2024. The Reserve Bank is concerned that the borderless nature of crypto could undermine South Africa's regulatory framework, especially regarding Exchange Control Regulations. Stablecoins, pegged to the US dollar, have become the preferred trading pair due to their lower volatility. The report also points out that South Africa lacks a comprehensive regulatory framework for stablecoins, creating potential exposure to financial risks associated with digital assets, despite the Financial Sector Conduct Authority designating cryptocurrencies as financial products and issuing licenses to crypto companies.

Solana ETFs experienced a strong week, with inflows reaching a record $58 million on Monday. This marks 20 consecutive days of positive inflows, contrasting with Bitcoin and Ethereum ETFs, which saw monthly outflows of $3.70 billion and $1.64 billion, respectively. Since their launch in late October, Solana ETFs have accumulated $568.24 million in net inflows, with total net assets climbing to $843.81 million. Bitwise's BSOL led the inflows with $39.5 million on Monday. Solana ETFs added $177.93 million between November 17 and November 24, bringing the total AUM near $1 billion. Despite the positive ETF performance, SOL's price is down 30% in the past 30 days and is trading around $137. JPMorgan had previously revised its projections for Solana ETF inflows to approximately $1.5 billion in the first year. Technical analysis suggests SOL may face further price declines if support levels fail.

Kraken has launched the Krak Card, a debit card offering 1% Bitcoin cashback on purchases for users in the UK and EU. The card works on the Mastercard network and allows users to spend over 400 different crypto assets. The card links to the Kraken app, enabling users to set a spending order for their various crypto holdings, automatically pulling funds from different assets to cover purchases, even if the primary asset has insufficient funds. There are no monthly or annual fees, but a spread fee applies when converting assets for transactions. Kraken aims to expand the card's availability to the U.S. and add more features in the future. Kraken also filed an S-1 form to go public, signaling a potential IPO and has raised $800 million, valuing the company at $20 billion.

Dell Technologies has increased its expectations for AI server shipments this year to $25 billion, up from a previous estimate of $20 billion, due to strong demand. The company reported $12.3 billion in AI server orders for its fiscal third quarter, shipping $5.6 billion and ending the quarter with an $18.4 billion backlog. This increase reflects a broader trend of rising AI server orders across the industry, with companies like Super Micro Computer and Hewlett Packard Enterprise also seeing significant growth. Dell's overall gross margin was 21.1%, and earnings, excluding some items, are projected to be approximately $9.92 per share for the fiscal year. Total sales rose 11% to $27 billion in the third quarter, while earnings came in at $2.59 per share, excluding certain items. David Kennedy has been appointed as the company's Chief Financial Officer.

Bitcoin's price is currently around $87,000 after recently falling to $81,000, leading to debate about its next direction. Large investors, known as whales, have been increasing their Bitcoin holdings, while smaller investors are selling off. Some indicators suggest that Bitcoin is becoming more attractive as an investment, but others show it hasn't reached levels seen before previous price surges. Factors like potential interest rate cuts by the Federal Reserve are creating optimism, but large withdrawals from BlackRock's Bitcoin ETF indicate some institutional investors are losing confidence. Bitcoin has slightly recovered to $88,000, along with other cryptocurrencies like Ethereum and XRP, suggesting buyers are returning to the market. The $80,000 level is considered a key support level, and whether Bitcoin can hold above it will determine if it can attempt to rise towards $90,000.

Dogecoin's price is increasing due to the launch of Grayscale's Dogecoin ETF (GDOG), which allows institutions to invest in Dogecoin more easily. This ETF, listed on NYSE Arca, has a temporary 0% fee for the first $1 billion in assets. Bitwise is also launching a Dogecoin ETF called BWOW. Dogecoin's price has risen over 2% to around $0.15, and on-chain activity shows over 1.5 million daily transactions. Analysts believe the price could reach $0.18 if ETF inflows remain strong. The introduction of Dogecoin ETFs is seen as a significant step in the evolution of memecoins into regulated financial assets.

Chainlink's price is around $13, showing little movement as traders are cautious. The amount of money being used for Chainlink trades hasn't increased, suggesting a lack of strong buying interest. Although the price has slightly increased by 2.58% in the last 24 hours, the overall trend is still downward. Technical indicators suggest weak momentum, with the price stuck between $12.60 and $13.00. A move above $13.40 might indicate a positive shift, while dropping below $12.50 could lead to further price decreases.

A large Bitcoin whale placed a $2 billion bet, suggesting a potential market rebound after a recent drop. This bet involves buying and selling call options with the expectation that Bitcoin will rise to between $100,000 and $118,000 by December 25th. This move comes after a significant liquidation event that removed a large amount of speculative positions from the market, which some see as a healthy reset. While smaller retail investors have been selling off their Bitcoin, larger investors holding between 100 and 1,000 BTC, as well as those holding more than 10,000 BTC, have been accumulating more. The success of this bet is also dependent on upcoming economic data and the Federal Reserve's policy decisions, which could impact the overall market sentiment and provide liquidity. The options trade could trigger hedging activity that would push prices higher.

The cryptocurrency market is showing signs of recovery, with Bitcoin, Ethereum, and Solana experiencing price increases. The article highlights PEPENODE, a new ERC-20 token, as a potentially promising altcoin. PEPENODE is currently in its presale phase, having raised over $2.1 million. It allows users to acquire virtual mining nodes with the PEPENODE token, which will pay out mining yields in external tokens such as Fartcoin and Pepe. Users can also sell their virtual mining nodes to other users. The token has a maximum supply of 210 billion. PEPENODE holders can also stake their tokens for a passive income, with an APY of 589%. The presale price is currently $0.0011638, with increases every three days. The token will list after the presale closes.

Warner Music Group has settled its copyright lawsuit with AI music startup Suno and will now partner with them. This ends a legal dispute over the use of copyrighted material in AI music creation. As part of the settlement, Suno will launch licensed AI models in 2026, requiring users to pay for downloads and limiting free users to on-platform use. Suno has also acquired Warner Music's Songkick platform. Separately, supply chain AI firm o9 Solutions has filed a lawsuit against SAP, alleging trade secret theft. The lawsuit claims that former o9 executives, now at SAP, stole confidential files and that SAP's software now mirrors o9's offerings. SAP denies the allegations and states that they respect intellectual property rights and are committed to high business ethics. Suno recently raised $250 million at a $2.45 billion valuation, and nearly 100 million people have used its platform.

A bipartisan bill, The AI Fraud Deterrence Act, has been proposed to combat the increasing use of artificial intelligence in scams, particularly those involving deepfakes of federal officials. The bill aims to modernize U.S. fraud laws to account for AI's role in deceptive practices, seeking to expand penalties for AI scams and criminalize impersonating federal officials using AI. It proposes doubling the maximum penalty for fraud from $1 million to $2 million when AI is deliberately used, and includes AI-mediated deception in the definitions of mail and wire fraud, potentially leading to million-dollar fines and lengthy prison sentences. The bill addresses concerns about impersonation of federal officials with AI deepfakes and emphasizes the importance of labeling AI-generated content, while exempting content labeled as satire. Experts warn that AI enables fraud at an unprecedented scale, scope, and speed, and that current methods for identifying AI-generated content are becoming outdated.

Vitalik Buterin is advocating for privacy in response to a major bank data leak, suggesting Ethereum could play a role in providing privacy solutions. The Ethereum Foundation launched a privacy-focused cluster and released details about Kohaku, a privacy-centric browser wallet and software development kit. This focus on privacy could boost Ethereum's price, potentially completing a bullish head-and-shoulders pattern and reaching $5,500, potentially extending to $10,000 if Ethereum plays a significant role in the transition from Web2 to Web3. A platform called SUBBD ($SUBBD), which aims to decentralize the creator economy, has surpassed $1.3 million in presale.

The price of XRP has increased by 7% in the last 24 hours, reaching $2.20. This increase coincides with a general market recovery and the launch of new XRP Exchange Traded Funds (ETFs) by Franklin Templeton and Grayscale. Ripple CEO Brad Garlinghouse anticipates more XRP ETF launches. The launch of these ETFs suggests that institutional investors may be showing increased interest in XRP. Bitcoin Hyper ($HYPER), a layer-two network for Bitcoin, has raised $28.4 million in its presale.

The first Dogecoin spot ETF, Grayscale's $GDOG, has launched on the NYSE, causing Dogecoin's price to increase by 2.2%. Bitwise is also preparing to launch its Dogecoin ETF this week. Over the past 24 hours, $1.5 billion worth of Dogecoin has been traded, representing almost 7% of its market capitalization. Dogecoin is currently bouncing off a support level of $0.14. If Dogecoin surpasses $0.18, it could reach $0.20 in the near term, potentially reaching $0.28 by the end of the year. In the long term, Dogecoin could potentially reach $10. The article also mentions a new meme coin called Maxi Doge ($MAXI) that is generating interest.

BNB's price has fallen after reaching a high of $1,370, leading to concerns about further declines. Daily transactions on the BNB Chain have decreased by 50% since October 8, when they peaked at 31.3 million. This drop in network activity, possibly due to traders being liquidated, raises concerns about BNB's ability to recover to $1,000. The Relative Strength Index (RSI) also indicates downward momentum. If BNB fails to surpass $900, it could fall to $750 or even $680, representing a potential 20% decrease. The 200-day exponential moving average (EMA) at $883 may now act as resistance. Meanwhile, a new crypto project called Pepenode ($PEPENODE), a mine-to-earn game, is attracting investors as an alternative.

Polymarket, a prediction market platform, has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a regulated exchange in the United States. This allows U.S. users to trade contracts on future events through traditional brokerages, bringing the platform under federal regulation. Polymarket was previously banned in the U.S. in 2022 and fined $1.4 million, but returned by acquiring QCX in July 2025 for $112 million, a company with the necessary CFTC licenses. The platform has experienced significant growth, processing over $18.1 billion in trading volume and increasing its user base to nearly 58,000 daily active users, and recently raised funding at a $9 billion valuation from Intercontinental Exchange. This approval sets up competition with Kalshi, another CFTC-regulated prediction market and opens the door for partnerships with leagues like the UFC. Polymarket plans to launch its native POLY token in 2026 with an airdrop for existing users. The company must implement additional compliance measures before fully launching in the U.S. market. The CFTC's approval indicates growing acceptance of prediction markets as legitimate financial products, though legal challenges remain at the state level.

Texas has become the first U.S. state to purchase Bitcoin as part of a government reserve program, allocating $10 million to the cryptocurrency. The initial purchase was made through BlackRock's iShares Bitcoin Trust (IBIT) at an average price of around $87,000 per Bitcoin. The state plans to eventually hold the Bitcoin directly in self-custody after finalizing the necessary procedures. This move follows legislation passed earlier this year that established a Strategic Bitcoin Reserve, enabling state agencies to accept cryptocurrency payments and convert them into Bitcoin. Other institutions, like Harvard University Foundation, Al Warda Investments of Abu Dhabi and Emory University, have also increased their investments in Bitcoin ETFs. Additionally, New Hampshire recently issued a Bitcoin-backed municipal bond, allowing private companies to borrow funds using Bitcoin as collateral.

The article discusses Monad's potential price movement following the launch of its mainnet. It centers around whether this debut will lead to a significant increase in its value.

Bitcoin is struggling to reach $90,000 amid widespread selling in the crypto market, leading to fears of a bear market. Some analysts believe the price drop is a normal correction before further increases. A market analyst, Darkfost, points out that many traders who bet on Bitcoin going up have been forced to sell, and now more traders are betting on it going down. This shift to negative funding rates, where it costs money to bet on Bitcoin going down, often happens when a price drop is nearly over. Bitcoin is currently around $87,000 after bouncing back from near $80,000, but it's still below key moving averages, indicating continued downward pressure. While the recovery is weak, the buying activity at the lows suggests a possible short-term bottom forming, with $95,000 and $100,000 now acting as resistance levels.

A crypto analyst, Shanaka Anslem Perera, has identified a potential problem with Strategy Inc.'s large Bitcoin holdings. Strategy Inc. holds 649,870 Bitcoin, purchased for approximately $48.4 billion. The analyst suggests that the way Strategy Inc. financed these purchases, primarily through debt, is unsustainable. The company's cash reserves are low compared to its dividend obligations, leading to a situation where it might need to sell Bitcoin to cover these payments. This potential selling pressure, especially if Strategy Inc. needs to sell large amounts of Bitcoin, could negatively impact the Bitcoin market. A key upcoming event is the MSCI index in January 2026 which could force Strategy to sell billions of Bitcoin. The analyst believes the market will decide by March 2026 whether Strategy Inc. needs to restructure or if its Bitcoin investment strategy fails.

Bitcoin experienced a price drop after briefly hitting a record high, but analysts believe this is a normal market correction. XRP is highlighted for its potential in global payments, boasting fast transaction speeds and low costs, with its price increasing 52% over the past year to $2.20 and with analysts suggesting it may reach $10 by 2026, further supported by nine new ETFs. Solana is recognized as a fast smart-contract platform and Ethereum competitor, currently priced around $135 with potential to exceed its all-time high of $293.31 and reach $750, bolstered by new spot ETFs and adoption by institutions for real-world asset tokenization. Pepe, a meme coin, is trading around $0.000004421, significantly below its peak, but could see a resurgence with potential regulatory clarity. Finally, Bitcoin Hyper, a layer-2 network for Bitcoin, has raised $28.5 million in its presale and aims to enhance Bitcoin's capabilities with faster speeds and smart contracts, with presale contributors earning 41% APY.

A new ChatGPT analysis predicts potential price ranges for XRP, Pi Network, and Shiba Inu by the end of 2025, noting all three altcoins may face substantial additional downside unless the market can sustain positive sentiment. For XRP, a negative market could push the price down to $1, while a favorable market could see it reach $10. Pi Network could fall to $0.02 in a bearish scenario or rise to $4 in a bullish one. Shiba Inu's pessimistic forecast still sees it holding steady, or possibly rising 50% to $0.000012, while the best case scenario has it reaching between $0.00005 and $0.00009. The analysis also mentions a new meme coin called Maxi Doge, which has raised $4.2 million in its presale, but this token was not factored into ChatGPT's forecasts. Maxi Doge's presale launches today at $0.00027.

Texas has purchased $5 million in BlackRock's Bitcoin ETF as an initial step towards creating a state-backed cryptocurrency reserve. This is part of a broader plan established by earlier legislation allocating $10 million for the Texas Strategic Bitcoin Reserve. The state is working with industry experts to establish best practices for managing this reserve and issued a request for information to help guide its strategy. The goal is to establish a Bitcoin stockpile for future generations, with plans to select a custodian for the reserve. Other states including Michigan, Wisconsin, New Hampshire, and Arizona are also exploring similar state-level crypto reserves. The purchase was made at a price point of $87,000 per Bitcoin.

Bloomberg data indicates that five new spot altcoin ETFs are expected to launch soon, including those focused on Dogecoin, XRP, and Chainlink. Experts anticipate a significant increase in the number of altcoin ETFs available in the coming months. Meanwhile, Bitcoin ETFs are experiencing negative flows, while ETFs for Ethereum, XRP, and Solana are seeing positive capital inflows. Some analysts suggest this shift could allow altcoins to better capture network value, pointing to upgrades and developments in Ethereum and XRP as examples. One analyst predicts potential year-end price rallies for Ether, XRP, and Solana, contingent on sustained ETF demand and easing market volatility.

Monad launched its main network and MON tokens began trading on multiple blockchain networks. The price of MON increased by over 62% on its first day of trading. Trading volume reached $1.2 billion in the first few hours with 10.8 billion MON tokens in circulation. The total supply of MON tokens is 100 billion, with nearly 90% reserved for future release. Major exchanges like Coinbase, Bybit, and Upbit are facilitating MON trades. A significant portion, over 62%, of the trading volume is against the Korean Won. Monad also launched with $115 million in liquidity, with Uniswap being the leading network. Over $123 million in stablecoins have flowed into the network. Although MON is also available on Solana, the trading volume is lower compared to the main network. There is mixed sentiment regarding MON's future price, with some traders anticipating a decline.

MoonPay has received approval from the New York Department of Financial Services to operate MoonPay Trust Company, enabling it to offer digital asset custody and over-the-counter trading services in New York. This new authorization allows MoonPay to store digital assets for clients and facilitate large trades for institutions, expanding beyond its previous role of simply providing on-ramps for retail users. Before this, MoonPay could only handle fiat-to-crypto purchases and payments in New York. With the Trust Charter, MoonPay can now serve institutional clients who require a regulated fiduciary, putting it in a similar position to other firms that have previously obtained both a BitLicense and Trust Charter in New York. This approval strengthens MoonPay's position in the U.S. market, allowing it to serve all 50 states directly and complements its existing international licenses. In addition to the approval, MoonPay has been expanding its services through new product launches like its enterprise stablecoin platform and MoonPay Commerce, as well as acquisitions including Meso Network, Helio and Iron.

Arthur Hayes has predicted a positive recovery for Bitcoin. He anticipates that traders will keep the support level at $80,000.

The Cardano Foundation approved a $2 million loan in ADA tokens to fund listings of Cardano-based altcoins on major cryptocurrency exchanges. This aims to increase the visibility and demand for ADA, the main token used on the Cardano network. The plan to use treasury funds for exchange listings differs from Cardano co-founder Charles Hoskinson's preference to invest directly in the Cardano platform. Analysts predict that successful listings and increased demand could potentially drive the price of ADA up, with some forecasts suggesting a rise to $1.35 or even $3 if market conditions are favorable. The success depends on the listed projects having practical uses to attract users and adoption.

CreatorFi is a financing platform built by Insomnia Labs that provides working capital to digital creators on platforms like YouTube, Roblox, and in the music industry. It uses machine learning to assess the value of creators' digital assets like YouTube channels and music catalogs, and then offers financing based on this assessment. CreatorFi operates as a receivables-based lender, meaning repayments happen in real-time, reducing risk. The platform primarily uses USDC for advances and repayments, leveraging the Aptos blockchain for its low fees and efficient payment infrastructure. CreatorFi has partnered with YouTube networks, music distributors, and Roblox studios and recently secured a $2 million strategic partnership with Aptos to expand its lending capacity. This allows faster and cheaper global payments, especially helpful for creators facing high foreign exchange fees.

Paxos, a blockchain company behind the PYUSD stablecoin, is acquiring Fordefi, a crypto wallet startup, to enhance its custody services and provide institutions with access to decentralized finance (DeFi). Fordefi's wallet technology, which secures digital assets through multi-party computation, supports over 90 blockchain networks and is used by nearly 300 institutional clients processing $120 billion monthly. Paxos previously invested in Fordefi and is now integrating its technology to meet growing demand from large companies exploring DeFi. Fordefi was valued at $83 million during its last funding round. This acquisition follows a trend of financial firms like Stripe and Ripple acquiring wallet providers to support the increasing adoption of stablecoins and tokenized assets. Paxos has also acquired Membrane Finance to expand its operations in Europe. The stablecoin market has grown significantly, reaching approximately $303 billion in 2025.

Texas has become the first US state to purchase Bitcoin for its treasury, investing $10 million. The purchase was made on November 20th through BlackRock's spot Bitcoin ETF when Bitcoin was around $87,000. This move is intended to integrate Bitcoin into the state's long-term treasury planning for diversification. The initial allocation will help Texas develop infrastructure, oversight, and digital asset controls. While the $10 million investment is a small part of the state's reserves, it is a significant first step and could influence other states' decisions regarding cryptocurrency.

The Commodity Futures Trading Commission (CFTC) is creating a CEO Innovation Council to help guide its cryptocurrency regulations. They are seeking nominations from leaders in the crypto industry to advise on digital asset markets, blockchain technology, and tokenized collateral. The deadline for nominations is December 8, 2025. Acting Chairman Caroline Pham is leading this effort to modernize the CFTC's approach to crypto. However, Pham's term is ending, and Mike Selig is expected to replace her, potentially shifting the CFTC's crypto strategy. Despite the upcoming leadership change, the CFTC is moving forward with this initiative to shape future regulatory frameworks for crypto.

Japan is increasing its regulation of cryptocurrency exchanges to better protect investors. The Financial Services Agency (FSA) plans to require exchanges to hold reserves of money that would be used to compensate users if the exchange is hacked, experiences theft, or has system failures. These reserves, similar to those in the traditional securities market, could range from approximately $12.7 million to $255 million, depending on the exchange's size and risk. This change comes after several security breaches in Japan's crypto market, including a significant hack of DMM Bitcoin in 2024. The FSA also intends to tighten rules about how crypto is stored and may allow exchanges to use insurance to cover some of the required reserves. Furthermore, Japan is considering new rules for companies that manage crypto wallets and custody services and might reclassify crypto assets to allow for regulated crypto ETFs and investment trusts.

Reliance Global Group has shifted its entire digital asset holdings into Zcash (ZEC), abandoning its previous strategy of diversifying across multiple cryptocurrencies. This decision, announced on November 25, 2025, came after a review by Reliance's Crypto Advisory Board. The company sold off its Bitcoin, Ethereum, Cardano, and XRP holdings to consolidate its digital asset treasury into Zcash. Reliance stated that Zcash's focus on privacy and compliance features aligns better with its long-term goals and institutional needs. They believe Zcash's architecture, including zero-knowledge cryptography, provides security and control suitable for their treasury strategy, enabling both transparent and shielded transactions. Zcash has recently increased significantly in value, and Reliance anticipates further growth.

XRP is currently leading Solana in attracting investment into new US crypto ETFs. XRP ETFs have accumulated approximately $587 million in inflows in less than 10 trading days, surpassing Solana's approximately $568 million over a longer period. This surge is partly driven by aggressive fee waivers, particularly from Franklin Templeton, which is offering a 0.19% sponsor fee that's waived on the first $5 billion in assets through May 2026. Unlike Solana, where ETF inflows have acted defensively amid a price correction, XRP flows appear to be fueling a price breakout. If the current trend continues, XRP ETFs could potentially reach $1.5 billion in assets by the end of the year, with a more optimistic scenario pushing it closer to $2 billion. The aggressive fee structure is also helping to attract institutional investors who are more sensitive to even the smallest fee-related cost.

Solana is showing signs of recovery, supported by significant investment inflows into Solana ETFs, particularly Bitwise's ETF which saw a record $39.5 million inflow in a single day. This indicates renewed institutional confidence in Solana's blockchain due to its speed, scalability, and active ecosystem. Despite overall market volatility and nearly $1.94 billion in outflows from crypto investment products, Solana's ETF performance suggests investors are reallocating capital towards blockchains with real-world functionality. Solana's price has rebounded from $121.50 to the $135-$140 range, a 14% recovery, holding above the crucial $125-$130 support level. While derivatives markets show caution, on-chain activity is positive with Solana leading in active addresses and daily transactions, showing a 13% increase in user activity over the past month. If Solana maintains the $125 support level, analysts suggest potential upside targets of $163, $170, and $195-$243.

Texas purchased $5 million worth of Bitcoin on November 20, 2025, as part of a larger $10 million allocation from the state's general revenue. The average purchase price for the Bitcoin was $87,000. The state allocated half of the budget to BlackRock's IBIT. Texas is aiming to become a crypto hub. Bitcoin's price has experienced low bullish momentum, with analysts suggesting it may have formed a local bottom. Larger Bitcoin holders (over 10k BTC and between 100-1k BTC) have been accumulating Bitcoin, while holders with between 1k-10k coins have been distributing.

Bitwise CIO Matt Hougan suggests that most crypto treasury firms (DATs) should trade at a discount relative to the value of their crypto holdings. He argues that factors like illiquidity, operating expenses, and the risk of operational failures often outweigh any potential premium. A DAT might trade at a premium only if it consistently increases its crypto-per-share value through strategies like taking on USD debt to buy crypto, crypto lending, using derivatives, or acquiring crypto at a discount. Hougan believes that larger DATs have advantages due to better access to debt and more opportunities for deals, and he anticipates a divergence in performance among DATs, with only a few trading at a premium. DAT companies have collectively invested $42.7 billion in crypto acquisitions in 2025, with Bitcoin-focused firms leading overall activity, accounting for over $30 billion in BTC purchases.

OpenAI has committed to $288 billion in cloud computing contracts with Microsoft and Amazon, securing 36 gigawatts of compute power. However, HSBC estimates that OpenAI needs to raise an additional $207 billion by 2030 to cover these costs, projecting cumulative rental expenses of $792 billion by 2030 and $1.4 trillion by 2033. While OpenAI aims for 3 billion users by 2030 with 10% paying for subscriptions, revenue may not be enough to offset expenses, potentially requiring further fundraising. HSBC forecasts consumer AI revenue to reach $129 billion by 2030 and enterprise AI revenue to hit $386 billion annually, but even with significant market share, OpenAI faces a substantial funding gap. The company may need to consider reducing cloud capacity if revenue growth slows or investor support wanes.

U.S. Bank is piloting the issuance of stablecoins on the Stellar network to explore blockchain's utility in traditional banking. The project, involving collaboration with PwC and the Stellar Development Foundation, focuses on assessing how features like transaction freezing and reversibility can meet regulatory standards. The bank is investigating the use of stablecoins for faster and more cost-effective cross-border payments and improved treasury management. This test represents a move towards integrating blockchain technology into financial services while ensuring adherence to regulations.

Cardano's network completed the Plomin hard fork in the first quarter of 2025, achieving full community-driven governance. EMURGO partnered with Ctrl Wallet, improving Cardano's interoperability with over 2,300 blockchains. Grayscale allocated 20% of one crypto fund to ADA. On the weekly chart, ADA has been forming a falling wedge since January 2025. ADA is testing the $0.40 zone after dropping below $0.50 in November. If ADA closes above $1.10 on the monthly chart, a move toward $2.20 is projected for the first half of 2026. AI models collected in October show ADA drifting between $0.65 and $1.50, with an average around $1.00. Long-term models forecast potential price targets of $3.25 in 2026, $5 in 2027, and $10.25 by 2030. However, more conservative expectations keep ADA between $0.79 and $1.18 through 2025-2030.

Cardano completed its Plomin hard fork in early 2025, achieving full community-driven governance. EMURGO partnered with Ctrl Wallet, enabling interoperability with over 2,300 blockchains. Grayscale allocated 20% of a crypto fund to ADA, while Bloomberg Intelligence increased the likelihood of a spot ADA ETF. On the technical side, ADA has been forming a falling wedge pattern since January 2025. Analysts see strong demand between $0.27 and $0.30, with a potential breakout if ADA closes above $1.10, possibly leading to $2.20 in 2026. AI models predict ADA between $0.65 and $1.50. Long-term models forecast prices of $3.25 in 2026, $5 in 2027, and potentially $10.25 by 2030. Conservative estimates keep ADA between $0.79 and $1.18 through 2030.

White House officials are in the final stages of selecting the next Federal Reserve chair, with Kevin Hassett emerging as the frontrunner due to his alignment with President Trump's preference for lower interest rates. Trump believes Hassett supports his view that interest rates should be reduced. Hassett publicly stated he would cut rates immediately if he were in charge. Treasury Secretary Scott Bessent is conducting final interviews, with a decision expected before Christmas. The nominee must be confirmed by the Senate. Other candidates mentioned include Warsh and Waller. Trump has criticized current Fed Chair Jerome Powell for not cutting rates aggressively enough. The Federal Reserve previously decreased interest rates, but opinions are divided on future cuts due to varying evaluations of inflation and employment.

The Reserve Bank of New Zealand (RBNZ) is widely anticipated to cut its Official Cash Rate (OCR) to 2.25% from the current 2.5% following its monetary policy meeting in November. This decision, alongside the Monetary Policy Statement and a press conference by Governor Christian Hawkesby, is expected to significantly impact the New Zealand Dollar (NZD). This potential rate cut follows previous reductions in August and October, driven by a slowing economy but confidence in controlled inflation. While recent inflation data showed a slight acceleration to 3.0%, the RBNZ believes it will return to the target range of 1% to 3% by mid-2026. The market will closely watch the RBNZ's discussions about further easing into 2026 and any revisions to the OCR projection. The NZD/USD pair has already been affected, hitting seven-month lows due to expectations of the rate cut. A dovish RBNZ stance could push the pair further down, while any indication of ending the rate-cutting cycle might trigger a rally.

Ripple's Chief Technology Officer (CTO) has stated that Bitcoin alone cannot achieve global financial dominance, suggesting that XRP is specifically designed for this purpose. The article highlights the CTO's perspective on why XRP's architecture and features are better suited for global finance compared to Bitcoin.

At DevConnect 2025, Vitalik Buterin introduced Kohaku, a new open-source framework enabling developers to create privacy-focused wallets without centralized dependencies. This framework is intended to expand into a wider set of tools, potentially including mixnets for anonymous network activity and ZK-powered browsers. Additionally, the Ethereum Foundation announced the implementation of Tor and onion hidden services across the Ethereum ecosystem to enhance user privacy and reduce reliance on centralized infrastructure. These updates aim to improve privacy and security within DeFi and the Ethereum network.

In San Francisco, thieves disguised as delivery drivers robbed a person of cryptocurrency valued at $11 million. The incident involved a home robbery where the perpetrators impersonated delivery personnel to gain access and steal the victim's crypto holdings. This highlights the increasing risk of targeted attacks on crypto owners and the potential for significant financial loss.

Upbit, South Korea's largest cryptocurrency exchange, is considering appealing a $25 million fine and other penalties from the Financial Intelligence Unit (FIU) for alleged rule violations, including inadequate customer due diligence and failure to report suspicious transactions. The FIU has also found similar violations at other major Korean exchanges like Bithumb, Coinone, Korbit, and GOPAX. Upbit points to a past case where a court overturned an FIU enforcement action. South Korean regulators are increasing scrutiny of the crypto sector, with the FIU ordering exchanges to suspend new crypto lending products and reporting a surge in suspicious crypto transactions. Between 2021 and August 2025, approximately $6.8 billion worth of crypto transactions were linked to foreign currency smuggling crimes. This situation is especially sensitive for Upbit as it plans to merge with Naver and potentially launch an IPO on Nasdaq.

While Bitcoin and Ethereum experienced price declines, XRP showed significant gains. The article highlights XRP's positive performance, contrasting it with the downturn affecting other major cryptocurrencies, potentially due to issues with larger financial institutions.

MoonPay, a cryptocurrency payment company, has obtained a Limited Purpose Trust Charter from the New York Department of Financial Services (NYDFS), adding to its existing BitLicense received earlier in 2025. This makes MoonPay one of only a handful of companies, including Coinbase, PayPal, Ripple, and NYDIG, to hold both licenses in New York. The trust charter allows MoonPay to offer crypto custody services, storing digital assets for institutions, and conduct over-the-counter trading for large transactions. The company has licenses and registrations in several countries, including the UK, EU, Canada and Australia, and was also approved under the EU's Markets in Crypto Assets (MiCA) regulation. MoonPay reports that they were cash-flow positive and profitable in 2024, and are expected to have an even stronger 2025. The company's transactions have grown to over $8 billion, supporting over 110 cryptocurrencies and 30 fiat payment methods.

TradeXYZ, a market for tokenized stocks operating on the Hyperliquid blockchain, saw its daily trading volume exceed $500 million, reaching an all-time high. This surge followed an upgrade to the Hyperliquid network. Specifically, trading volume for HIP-3 markets, which include TradeXYZ, totaled over $540 million between Monday afternoon and Tuesday's stock market close. TradeXYZ's assets accounted for about 95% of this total, with its XYZ100, which mirrors Nasdaq futures, contributing $316 million, representing 58% of the total volume.

The state of Texas has invested $5 million in a Bitcoin Exchange Traded Fund (ETF). This move marks one of the first instances of a U.S. state government directly allocating funds to a crypto-related investment vehicle, signaling a potential trend of states holding crypto assets as part of their reserves. The investment was made by the Texas Permanent School Fund.

Japan is planning to introduce mandatory reserve requirements for cryptocurrency exchanges operating within the country. This new regulation is designed to ensure that exchanges have sufficient funds to cover losses incurred by customers in the event of a hacking incident or other security breach. The aim is to protect investors and bolster confidence in the crypto market by ensuring exchanges can reimburse users if their digital assets are stolen or lost due to security failures.

MicroStrategy's market value, compared to its Bitcoin holdings, has shrunk to almost equal value. This is a problem because the company's strategy of buying more Bitcoin relies on selling shares at a higher price than the Bitcoin they own. MicroStrategy holds 649,870 Bitcoins, costing about $48.4 billion. The company's strategy has become risky, due to only having $54 million in cash, but owing $640 million in dividends annually. Its software business isn't making enough money to cover its costs, so MicroStrategy has been borrowing money to buy more Bitcoin. They raised around $20 billion in the first nine months of 2025. The company faces further problems as its borrowing costs are increasing and may get excluded from certain stock market indexes because so much of its assets are in Bitcoin. If this happens, it could lead to investors selling their shares. The company claims it can cover its dividends for 71 years based on the value of its Bitcoin, however, this assumes they can sell the Bitcoin easily without affecting the price. The market is now less willing to pay extra for MicroStrategy's approach when they can buy Bitcoin through other means, like ETFs.

XRP's price is around $2.19, a 2.9% increase over the last day. It's testing a key technical level, the 100-week Exponential Moving Average (WEMA) around $1.90, for the first time since November 2024. Large XRP holders, known as whales, have sold over 180 million XRP tokens in the last 72 hours during a 17% price increase, potentially taking profits. Key support levels for XRP are between $1.90 and $2.00, while resistance is at $2.35 to $2.45. How XRP behaves around the $2 mark and the 100-week WEMA will be important for determining its near-term direction.

The cryptocurrency Ethereum is experiencing a period of price decline, failing to maintain a value above $3,000. Market sentiment is shifting towards caution, with fears of a potential bear market emerging. Despite this downturn, one major player, Bitmine, has significantly increased its Ethereum holdings, purchasing 69,822 ETH last week, bringing their total to 3,629,701 ETH. However, due to the current market prices, Bitmine is facing an unrealized loss of approximately $4.25 billion, as their average purchase price was around $3,997 per ETH. Ethereum's price is struggling to recover, facing resistance at around $3,150-$3,250 and a critical long-term threshold near $3,500, indicating a vulnerable position in the market.

An analyst known as DROP predicts that XRP's price could climb above $10 if Bitcoin's dominance in the crypto market drops significantly, potentially into the low-40% range. This decline in Bitcoin dominance is projected to happen sometime before 2026. The theory is that as Bitcoin's influence decreases, money will flow into other cryptocurrencies like XRP. For XRP to reach double digits, the market would need participation from regular investors and big institutions, higher trading volumes, and significant investment from XRP exchange-traded funds.

Cryptocurrency markets experienced slight declines on Tuesday. Bitcoin decreased by 2% to $87,000, and Ethereum fell by 1.6% to $2,930. Among other major cryptocurrencies, XRP dropped 4% to $2.18, Solana remained unchanged at $137, and BNB decreased by 2% to $856. These movements occurred as investors are waiting for more definitive information from economic data and international events.

TSMC has filed a lawsuit against its former senior vice president, Lo Weijen, alleging he leaked trade secrets to Intel, where he now works as an executive vice president. The lawsuit focuses on Lo's contract, non-compete agreement, and Taiwanese trade secrets law. TSMC claims Lo misrepresented his post-retirement plans and believes he is using or transferring TSMC's confidential information to Intel. The Taiwanese government is monitoring the situation for potential national security implications. Intel's CEO denies any wrongdoing and asserts the company respects intellectual property rights. Following the news, Intel's stock decreased by 1.5%, while TSMC's stock increased by 3%. Nvidia intends to put US$5 billion into Intel.

The South African Reserve Bank (SARB) has expressed concern about the lack of regulation surrounding cryptocurrencies and stablecoins, stating it creates a potential weakness in the financial system. They are specifically worried about the increasing use of stablecoins and the ability to move funds across borders undetected using crypto. The SARB and National Treasury are working on new rules to address these issues, aiming to tighten control over cross-border crypto flows. The SARB highlights that the current exchange control rules were not designed for the fast-moving, borderless nature of crypto. Stablecoin trading volumes in South Africa have significantly increased, jumping from under 4 billion rand in 2022 to nearly 80 billion rand by October 2024. Major platforms in South Africa now have 7.8 million registered users and hold over 25.3 billion rand in assets. Bitcoin's price has decreased from $126,000 in early October to around $87,000. The European Central Bank (ECB) has also warned about stablecoins, indicating they could pose risks to traditional banking systems by drawing deposits away from banks.

On November 21st, 87,464 Bitcoin appeared to leave wallets associated with institutions, raising concerns about a potential sell-off. However, closer analysis revealed that most of this movement was due to internal reshuffling of Bitcoin between different custodians and wallets by large holders like MicroStrategy and BlackRock, rather than institutions selling off their Bitcoin. MicroStrategy, for example, moved nearly 50,000 BTC to a new custodian to diversify risk, and actually added over 8,000 BTC during the week. Bitcoin ETFs also experienced outflows of over 10,000 BTC corresponding to roughly $903 million in net withdrawals, which is a normal part of how ETFs operate when investors redeem shares.

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.

Bank of America is concerned that the rising popularity of prediction markets like Polymarket and Kalshi could lead to increased consumer debt and bad loans. These platforms, which allow users to bet on the outcomes of various events, are now more accessible due to changes in legislation that treat them as trading services. Bank of America warns that the ease of access and gamified nature of these platforms may encourage impulsive betting, leading some users to take on debt in the hope of quick gains. The bank also highlights that most users on Polymarket lose money, with only a few successful traders. Regions with more lenient betting laws tend to have lower credit scores and higher rates of bankruptcy. In October, Kalshi and Polymarket reached a record trading volume of $8.5 billion. Polymarket is also expanding access to its platform through traditional brokerages.

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.

The XRP Ledger's smart contract functionality is now available for developers to test on AlphaNet. An XRPL validator clarified that XRP Ledger's smart contracts differ significantly from those on Ethereum and Solana. Instead of trying to replicate existing models, XRP Ledger smart contracts are designed to integrate with the Ledger's native features and existing functionalities. The goal is not to be the best smart contract platform, but to enhance the current capabilities of the XRP Ledger. Ripple aims to compete with major financial institutions like JPMorgan Chase in the realm of cross-border payments.

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.