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XRP analyst Chad Steingraber believes the introduction of XRP ETFs will create a supply shock, leading to a price increase. His analysis suggests the primary question is no longer if the price of XRP will rise, but what price level is necessary to curb institutional investment fueled by these ETFs.

U.S. Bank is piloting a dollar-backed stablecoin on the Stellar blockchain, collaborating with PwC and the Stellar Development Foundation. The pilot aims to assess the feasibility of banks issuing programmable deposits on a public blockchain while adhering to regulatory standards. Stellar was chosen because it offers built-in tools for freezing or reversing transactions, which helps meet compliance requirements. This move is part of a larger trend of financial institutions exploring stablecoins for improved money movement and tokenized finance. The pilot's success could lead to wider adoption of regulated, bank-issued stablecoins for various financial operations.

Less than two days after Monad launched its main network and MON token, the network experienced spoofed ERC-20 token transfers. These fake transfers mimic real wallet activity on blockchain explorers, potentially misleading users during the initial high-traffic period. Attackers exploit the ERC-20 standard by creating contracts that emit misleading events, giving the illusion of token movement without actual transactions or wallet approvals. Monad CTO James Hunsaker clarified that this issue stems from the ERC-20 standard's structure, not a flaw in Monad's blockchain itself. This activity coincided with the release of airdropped and publicly sold tokens, marking the chain's first significant period of liquidity and user onboarding. Despite these issues, MON has surged 43% since launch, reaching a market capitalization near $500 million, with over 76,000 wallets claiming tokens.

KakaoBank in South Korea is actively developing its own stablecoin pegged to the Korean Won (KRW), referred to as Kakao Coin. The bank is hiring blockchain developers with smart contract expertise to build the necessary infrastructure, including transaction processing systems and key management. This move follows KakaoBank's announcement of its entry into the stablecoin market and the formation of a stablecoin task force within the broader Kakao Group. In addition to the stablecoin, KakaoBank is also planning for security token offerings (STO) in partnership with Korea Investment & Securities and Lucent Block, anticipating the opening of the STO circulation market in the first half of 2026. South Korea's STO market is projected to reach $287 billion by 2030. This announcement comes as Naver, another South Korean tech giant, also launched a wallet service for a local stablecoin in Busan and is exploring a merger between Naver Financial and Dunamu, the operator of the Upbit crypto exchange. Both Kakao and Naver plan to leverage their large user bases to promote stablecoin adoption.

Charles Hoskinson, the founder of Cardano, believes that institutions are responsible for the recent decline in cryptocurrency prices. This month, major cryptocurrencies like Bitcoin and Cardano have experienced significant price drops.

Wormhole, a platform that allows different blockchains to communicate, has launched a new product called Sunrise. Sunrise aims to improve the process of listing tokens, especially on the Solana blockchain, where it can be difficult to find and trade tokens. The goal is to make it easier for users to discover and trade tokens that have been transferred from other blockchains onto Solana, addressing what Wormhole sees as a problem with the current token listing experience on Solana.

New XRP ETFs from Grayscale (GXRP) and Franklin Templeton (XRPZ) launched and quickly surpassed expectations, each securing over $60 million in net inflows on their first day. This performance broke the previous record set by Canary Capital's XRPC ETF. On November 24th, XRP ETFs collectively saw $164 million in inflows, outperforming ETFs based on Bitcoin, Ethereum, and Solana. Ethereum ETFs followed with $96.6 million in inflows, while Solana ETFs recorded $58 million. Bitcoin ETFs, in contrast, experienced $151 million in outflows. Overall, XRP ETFs have now accumulated $586.8 million in net inflows, exceeding Solana ETFs. XRP's price is currently at $2.18, down 1.6% for the day.

Klarna, a Swedish financial technology company, plans to launch its own USD-backed stablecoin called KlarnaUSD in 2026. The stablecoin is being built on Tempo, a blockchain designed for payments developed by Stripe and Paradigm. Klarna believes this move will help reduce cross-border transaction costs. McKinsey estimates stablecoin transactions are currently around $27 trillion annually and could potentially surpass traditional payment networks. Klarna is currently prototyping the stablecoin and plans to announce another partner soon. In separate news, a significant Bitcoin transaction involving coins held since 2013 occurred, showing a high profit-loss ratio. Bitcoin's price initially recovered above $89,000 but has since fallen back to around $86,200.

The Bitcoin Puell Multiple, which compares Bitcoin miners' daily revenue to their yearly average, has fallen into a 'discount zone,' a level historically linked to good buying opportunities. This indicates that miners are under financial pressure. The last time it was this low was in March 2025, near Bitcoin's peak of $75,000. Another indicator, the Sharpe ratio, which measures return versus risk, also suggests a potentially favorable risk/reward situation for investment. However, Bitcoin's price recovery has paused, trading sideways around $87,600 after twice reaching $88,000, indicating that the price increase has stagnated. Bitcoin miner hash price has also decreased by 43% in the past four months.

SUI has experienced a double-digit price increase, reaching approximately $1.53. Analysts suggest this could be the start of a larger upward trend, citing a key support trendline that has historically led to significant rallies. When SUI previously hit this trendline, it resulted in gains of 450% and 750%. Positive exchange netflow data indicates that investors are moving SUI off exchanges, potentially reducing selling pressure. Oversold conditions on SUI's charts, with the RSI near 30, suggest a possible move towards the $1.90-$2.20 range. The recent launch of Grayscales Sui Trust is also seen as a positive sign for investors seeking exposure.

Texas is developing a plan to create a state Bitcoin reserve. As a first step, Texas has purchased $5 million worth of shares in BlackRock's Bitcoin ETF, using funds from a $10 million allocation approved earlier this year. This makes Texas a frontrunner in the US states exploring digital asset strategies. The state is currently gathering information and seeking guidance from the crypto industry on managing the reserve, focusing on storage, security, and governance. Other states like Michigan, Wisconsin, and New Hampshire are also exploring cryptocurrency strategies. New Hampshire authorized a Bitcoin reserve and approved a $100 million Bitcoin bond. Arizona is also taking steps to direct unclaimed cryptocurrency assets into a dedicated reserve. The Texas initiative is considered the most advanced among state-level crypto adoption plans because it has legislative backing and a confirmed investment.

JPMorgan, a large financial institution managing approximately $5 trillion in client assets, has stated that cryptocurrencies are becoming a more mature and tradable asset class. According to a recent JPMorgan research note, crypto is shifting away from being driven by individual investors and new projects, and is increasingly influenced by broader economic factors and institutional investment.

According to on-chain analysis by Glassnode, a digital asset analytics platform, a certain percentage of the XRP supply is currently in loss, meaning those XRP holdings were purchased at a higher price than the current trading price of $2.15. This information was shared in an X post amidst a resilient crypto market.

Dogecoin is exhibiting a cyclical pattern similar to those seen before previous rallies. After a period of low volatility, buying interest has returned, potentially signaling another surge. A break above $0.16 could push the price towards $0.182, but failure to break through could lead to a drop back to $0.135. For a significant long-term bullish trend, Dogecoin needs to reclaim the $0.21-$0.22 range. Staying above the $0.14-$0.15 level is crucial to avoid a deeper consolidation phase. An analyst noted a recent 7% jump breaking its RSI trendline with significant volume, which is a rare signal for Dogecoin.

Foxconn, a major electronics manufacturer, has received approval for a $569 million investment in AI servers at its Wisconsin facility. The expansion aims to meet increasing demand and strengthen the U.S. supply chain, potentially creating 1,374 new jobs by 2030. The Wisconsin Economic Development Corporation (WEDC) approved up to $16 million in tax credits for the project, with Foxconn potentially earning up to $96 million in state tax credits through 2029. While Foxconn has invested over $700 million and created over 1,200 jobs in Mount Pleasant by the end of 2024, these figures are far below initial promises, leading to a reduced contract with the state. Foxconn plans to create 2,600 jobs and invest $1.2 billion in the next three years and claims to have spent $2 billion in taxes, payroll, and capital expenditures in Wisconsin since starting operations. However, some residents are skeptical, citing the company's history of not fulfilling its promises.

The article discusses the increasing popularity of WalletConnect among crypto casino users as a more direct and secure alternative to traditional sign-up methods. WalletConnect is an open protocol that allows users to link their crypto wallets to casino dApps by scanning a QR code or using a deep link, providing a safer and more flexible interaction without browser extensions. Several online casinos that support WalletConnect are highlighted, including BC.Game (offering up to $1600 bonus + 400 free spins), Betmode (offering 20% daily cashback), MetaWin (offering prize pools between $10,000-$25,000), TG.Casino (offering a 200% Rakeback Bonus up to 10 ETH + 50 Free Spins), and Betswap.gg (offering 180% Up To $20,000). A step-by-step guide is provided on how to sign up at a WalletConnect casino, emphasizing the importance of verifying the site's legitimacy, securing the wallet's recovery phrase, and carefully checking transaction details before confirming. The piece concludes that WalletConnect offers more control and less hassle, recommending users double-check approvals and token transfers for a smoother, safer crypto casino experience.

Ark Invest, managed by Cathie Wood, invested $9.1 million into two crypto-related companies: Circle and Bullish (BLSH) on a day when cryptocurrency-related stocks were generally declining. This investment indicates Ark's continued interest in the cryptocurrency market, despite a downturn in the stock prices of companies associated with crypto.

An armed robbery occurred at a San Francisco home connected to tech investor Lachy Groom, the former partner of OpenAI CEO Sam Altman, where the perpetrator, disguised as a delivery person, stole $11 million in Ethereum and Bitcoin. The victim, another tech investor named Joshua, was tied up, assaulted, and forced to unlock his crypto wallets during the incident. This event is part of a growing trend of violent 'wrench attacks' targeting cryptocurrency holders globally. There have been over 60 similar attacks recorded this year. In response, security experts advise increased caution, enhanced personal and home security measures, limited sharing of private information, and the use of multi-signature wallets to protect digital assets.

The PLUME token's price increased by approximately 45% after being listed on Upbit, South Korea's largest cryptocurrency exchange, on November 26, 2025. The new trading pair is PLUME/KRW. Upbit implemented measures like restricting buy orders initially and only allowing limit orders for the first two hours to control potential price volatility. The listing exposes PLUME to the South Korean retail market and provides direct access to Korean Won (KRW) liquidity. Plume Network is presented as a blockchain focused on real-world asset (RWA) finance, with over 180 projects developing on it, including tokenization engines and partnerships with financial infrastructure providers. The listing is significant due to increasing institutional interest in tokenized assets and Plume Network's focus on compliant RWA infrastructure.

PEPE coin's price is at risk of falling 18% unless it stays above $0.00000375. Although larger investors, known as whales, have been buying more PEPE in the last month, smaller retail investors are selling, putting downward pressure on the price. To show signs of recovery, PEPE needs to first break through the $0.00000466 price level, and then $0.00000636. Currently, PEPE's price has significantly declined over the past year. A technical indicator, the RSI, suggests that the recent price increase might not last. If the price drops below $0.00000375, it could fall even further due to lack of support. While whales are accumulating PEPE, the increased movement of PEPE to exchanges by retail investors indicates a desire to sell, meaning whales are taking coins from weak sellers, but it does not guarantee a quick rise.

The XRP market is experiencing significant attention due to the recent introduction of spot XRP Exchange Traded Funds (ETFs). Currently, there are four spot XRP ETFs available. These ETFs were a major factor in the substantial positive financial activity observed in the XRP market at the beginning of the week.

On November 25th, Bitcoin ETFs experienced $129 million in net inflows, with Fidelity's FBTC leading at $170.80 million and BlackRock's IBIT following at $83.01 million. Ethereum ETFs saw $78 million in net inflows, led by BlackRock's ETHA at $46.09 million and Fidelity's FETH at $47.54 million. Grayscale's new Dogecoin ETF (GDOG) had a relatively small debut with $1.4 million in trading volume. Spot XRP ETFs attracted nearly $130 million on their first day. Bitcoin is on track to end November with losses, a deviation from its historical trend. Analysts suggest potential reasons for this decline include overheated buying and pressure on short-term holders.

Bitcoin's price isn't increasing as expected despite growing expectations of a Federal Reserve rate cut in December. This is due to several factors including general economic uncertainty, signals from the U.S. dollar's strength which historically precede Bitcoin declines, and selling pressure from short-term Bitcoin holders. A rare U.S. dollar signal has appeared, which has previously indicated upcoming Bitcoin price drops. Short-term holders, those who bought Bitcoin within the past year, are selling due to losses, while long-term holders are not showing signs of panic. Furthermore, there are reports that the Trump administration is aiming to influence the Federal Reserve to accelerate rate cuts, which introduces additional uncertainty in the short term even though it could potentially benefit Bitcoin in the long run. Liquidity boosts from the U.S. Treasury may not provide an immediate lift to Bitcoin's price.

JPMorgan has created a structured note linked to their Bitcoin ETF (IBIT) that anticipates Bitcoin's price movements based on its halving cycles. The note's structure suggests a potential price dip for Bitcoin around 2026, followed by a price surge expected in 2028. This investment product is designed to capitalize on the cyclical nature of Bitcoin's price, which is influenced by the periodic halving events that reduce the rate at which new Bitcoins are created.

An analyst, XForceGlobal, suggests that XRP's price could potentially exceed $20 based on an Elliott Wave structure analysis, despite facing resistance in its recent recovery. XRP experienced an 8.71% increase, reaching $2.22 during its latest rebound attempt.

South Korea's plans to introduce regulations for stablecoins, cryptocurrencies pegged to the Korean Won, may be delayed until next year. The Bank of Korea (BOK) and financial regulators are disagreeing about how involved banks should be in issuing these stablecoins. The BOK wants banks to own at least 51% of any company issuing won-pegged stablecoins, believing banks' experience with regulations and anti-money laundering makes them best suited. Regulators are concerned this could limit innovation by excluding tech companies. The BOK also wants an interagency council to make stablecoin policy decisions unanimously, but regulators disagree on the legal basis. There are also unresolved issues regarding limits on how many stablecoins can be issued and overall regulatory framework. Some tech companies are preparing for potential approvals, while others are waiting for clearer rules. An expert suggests starting by licensing card companies and payment-focused firms to avoid stifling innovation if banks dominate the sector.

Charles Edwards, founder of Capriole Investments, remains optimistic about Bitcoin despite recent price drops. He points to two key indicators: the Capriole Heater, which measures leverage in the derivatives market, and the Dynamic Range NVT Ratio, which compares Bitcoin's market cap to its transaction volume. The Heater has entered a 'green zone,' historically indicating potential bottom formations, while the NVT Ratio suggests Bitcoin may be undervalued. Edwards acknowledges challenges like institutional selling but believes these indicators suggest Bitcoin could rise in the near term. Currently, Bitcoin is trading around $67,000, down 7% over the past week.

The state of Texas is investing in Bitcoin, allocating $5 million to BlackRock's Bitcoin ETF. The state also plans to directly purchase Bitcoin, setting aside another $5 million for this purpose, pending the establishment of a secure custody framework.

Bitcoin's recent recovery from a drop to around $81,000 has stalled, leading analysts to question if it has truly hit its lowest point. Social media sentiment has turned negative, but historically, market turnarounds often occur when most people are pessimistic. Bitcoin's MVRV ratios, indicating unrealized losses, remain negative. Large Bitcoin holders (whales) have been selling their holdings for six weeks, potentially hindering a sustained price recovery. One analyst suggests Bitcoin may need to touch its 200-week moving average, currently at $56,000, before reaching a new all-time high, which would represent a large drop. Bitcoin is currently trading around $87,500. Additional analysts also indicated that there may be more leverage in the market that may be flushed out, which could cause Bitcoin to drop into the $70,000 to $80,000 zone.

Bitwise CEO Hunter Horsley announced that their newly launched spot XRP ETF (XRP) has attracted $135 million in investment. The ETF began trading on NYSE Arca last week and is seeing significant early demand, according to Horsley.

Paxos, a company that issues stablecoins and provides blockchain infrastructure, has acquired Fordefi, an institutional wallet provider, for a deal reportedly exceeding $100 million. This acquisition aims to strengthen Paxos's ability to offer institutions secure and regulated access to decentralized finance (DeFi). Fordefi's technology, which includes multi-party computation (MPC) wallets, will be integrated with Paxos's existing custodial infrastructure. Fordefi currently secures over $120 billion in monthly transactions for nearly 300 enterprises, and will initially operate independently before a phased integration with Paxos.

NYSE Arca has been cleared to list and trade the Bitwise Dogecoin ETF starting today. This follows a slow start for Grayscale's ETF. The approval allows investors to trade shares representing Dogecoin on a regulated exchange, similar to how they trade stocks. This new ETF offers another avenue for investors to gain exposure to Dogecoin.

Cardano's ADA is currently trading around $0.41, indicating a bearish trend as it remains below key exponential moving averages. Significant support levels are identified at $0.33, $0.28, and $0.20, while resistance is heavy near $0.70-$0.75. A potential reversal could occur if ADA reclaims the mid-$0.60s and closes above the 20-week EMA. Momentum indicators, including the RSI and MACD, suggest continued downward pressure. A key event to watch is the Midnight event on December 8th, which could potentially influence Cardano's ecosystem. Analysts are looking for a weekly close above the 20-week EMA as a sign of a possible trend reversal. The largest weekly trading volume in 2025 is projected around $0.72.

A well-known cryptocurrency trader has predicted that the price of XRP could potentially rise to $8 in the future. The trader believes that this increase would signify the nearing end of a period where people can accumulate substantial wealth through XRP. Currently, XRP's price is facing difficulties after an initial price surge earlier in the year.

Bitcoin is currently around $87,000, attempting to stabilize after a volatile week influenced by U.S. inflation data and ETF inflows. Despite market fluctuations, Bitcoin has maintained most of its weekly gains, rising about 1.8%. Traders are closely watching a key price range between $87,200 and $87,800, to determine whether Bitcoin will make an upward move or correct. The price is trying to stabilize along a newly formed ascending trend line, and the short-term price action appears bullish, potentially leading to consolidation between $88,000 and $90,000. Bitcoin's next move will depend on how the market reacts to U.S. equity open, Treasury yield changes, and new ETF inflow data. Holding above $86,200 could lead to a push toward $88,000-$88,500, while a drop below this level could trigger a slide towards $85,500.

Strategystated that its Bitcoin holdings are substantial enough to cover its $8.2 billion debt, even if Bitcoin's price drops significantly. The company calculates that if Bitcoin falls to $74,000 (Strategystated's average cost), its Bitcoin assets would still cover the debt by almost six times. Even at a Bitcoin price of $25,000, the debt would be covered two times. Despite this financial cushion, Strategystated was not included in the S&P 500 Index, which may have added to downward pressure on Bitcoin's price. Strategystated's robust Bitcoin backing is intended to reassure investors.

Kevin Hassett, a former advisor to Coinbase with over $1 million in Coinbase stock, is currently the leading candidate to become the next Federal Reserve Chair, according to prediction markets. His nomination probability is at 56%, significantly ahead of other contenders like Christopher Waller (20%). President Trump is reportedly unhappy with the current Fed Chair, Jerome Powell, and final interviews for a replacement are being conducted by Treasury Secretary Scott Bessent. Hassett's connection to the crypto industry, through his Coinbase role and stock ownership, raises questions about potential conflicts of interest but also sparks hope for a more favorable approach to digital assets from the Fed. Trump is expected to announce his decision before Christmas 2025. The markets anticipate that Hassett, known for supporting lower interest rates and crypto, could lead to greater acceptance and clearer regulations for the crypto sector.

Grayscale's new Dogecoin ETF (GDOG) started trading with $1.4 million in volume on its first day, which was much less than the $12 million expected by analysts. This also coincided with a slight decrease in the price of Dogecoin. Other similar ETFs, like those for XRP and Solana, had significantly higher trading volumes on their first days. Another company, Bitwise, is also launching its own Dogecoin ETF soon. The launch of these ETFs is happening during a period of general market uncertainty in the cryptocurrency world, which may be affecting how traders are reacting to these new investment options.

Solana (SOL) has shown initial signs of a potential price recovery, reaching around $136. Traders are watching to see if it can break through the $155 resistance level, which could lead to further gains. Futures trading interest in Solana is high, around $7 billion, and trading activity on decentralized exchanges (DEX) and perpetuals remains strong. The total value locked in Solana's decentralized finance (DeFi) protocols is approximately $8.8 billion, indicating continued liquidity. If Solana breaks above $145, the next target is $155. Buyers have defended a support zone between $118 and $130, suggesting they are willing to prevent further price declines. While the overall trend is still weak, these signs suggest a possible rebound if activity increases.

The state of Texas has purchased $5 million worth of BlackRock's Bitcoin ETF and intends to buy another $5 million in Bitcoin to be held directly by the state. The initial ETF purchase is a temporary measure while Texas sets up its own system for holding Bitcoin. Texas has allocated $10 million from its general revenue for Bitcoin. Harvard's endowment fund disclosed a $443 million investment in BlackRock's Bitcoin ETF. Wisconsin's investment board acquired nearly $100 million in IBIT shares in May 2024. Al Warda Investments, an investment arm under the Abu Dhabi Investment Council (ADIC), has increased its exposure to Bitcoin in the third quarter, disclosing a 230% jump in holdings to just under 8 million shares, valued at $517.6 million.

Pi Network is facing a reality check as rumors of its coin having a value of $314,159 (referred to as GCV) are being publicly dismissed. Experts are warning against these unrealistic expectations, stating that the true price of Pi remains around $0.23. Despite a recent small increase, Pi is currently trading around $0.2483, with a market capitalization of $2.07 billion. Although there's been some buying activity by large investors and increased merchant adoption, Pi is struggling to break past the $0.26-$0.27 resistance level. The project's actual value is far below the rumored GCV and will depend on real-world use, development, and how well it's adopted.

XRP is currently testing a critical price point of $2.20. This follows the introduction of a new XRP-related Exchange Traded Fund (ETF) that debuted with $164 million in assets. However, the ETF's launch was not enough to counter the impact of liquidations affecting the price of XRP. The cryptocurrency's ability to hold above the $2.20 level is being closely watched by traders.

Shortly after the launch of the Monad network and its MON token, malicious actors began creating fake token transfers. These actors are exploiting a feature of the Monad blockchain to mimic legitimate transactions, even without wallet approvals. Monad's CTO, James Hunsaker, warned users to be cautious of these spoofing attempts, which can mislead users checking their wallet history. The Monad network recently completed an airdrop of MON tokens, distributing 3.33 billion tokens to users, builders, and community members, which the network valued at $105.2 million, representing 3% of total supply and 30% of the circulating supply. Monad raised $431 million in total funding, $187 million of which was through public sales at $0.025 per token. Currently, the MON token is trading at $0.04810, a nearly 50% increase in the last 24 hours and a 66% surge since its debut.

Bitcoin recently fell to $80,000 before stabilizing. On-chain data suggests large investors holding over 1,000 BTC and retail investors with less than 10 BTC have been selling off their holdings, potentially taking profits and reducing risk. However, mid-sized investors in the 100 to 1,000 BTC range are accumulating Bitcoin. Analysts are observing potential signs of a rebound, with Bitcoin rising above $89,000 late Monday. A hidden bullish divergence on the weekly timeframe suggests that selling pressure might be easing. Bitcoin is currently trading at $87,150, which is 30% lower than its all-time high of $126,000 erasing year-to-date gains.

Recent analysis suggests Jack Dorsey, the founder of Twitter and CEO of Block, might be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. This speculation arose after Dorsey was questioned about it at Block's investor day. Analysts noted coincidences such as the first BitcoinTalk post being on Dorsey's birthday and alignment of early Bitcoin milestones with his parents' birthdays. Dorsey's early involvement in cypherpunk mailing lists and skills in C and Python, used in Bitcoin's code, were also highlighted. A change in Satoshi's mining patterns allegedly coincided with Dorsey founding Block. There are reports that Satoshi inadvertently logged into an Internet Relay Chat using an IP address linked to California during a period when Dorsey resided in the Bay Area. Satoshi's wallet, containing about 1 million Bitcoin, remains untouched, potentially because Dorsey's estimated $4.7 billion wealth makes accessing it unnecessary. This wallet's contents are currently worth roughly $87 billion, increasing to an estimated value of nearly $96 billion. Bitcoin is currently trading at $86,540, down more than 31% from its all-time high and more than 8% year-to-date.

Grayscale's new GDOG investment product has been launched without significant fanfare. Meanwhile, the price of the cryptocurrency Dogecoin (DOGE) is showing signs of stability, establishing higher price floors, suggesting it may be holding its value better than before.

Hedera (HBAR) is currently trading sideways and struggling to recover from recent losses. Traders are hesitant, with many expecting further price declines, as indicated by negative funding rates on exchanges. The Relative Strength Index (RSI) for HBAR also shows bearish sentiment. HBAR is trading around $0.144 and needs to break through the $0.145 resistance level to start a meaningful recovery. To recover its November losses, HBAR needs to rally approximately 40% to reach the $0.200 region, overcoming resistance at $0.154 and $0.162 along the way.

Kevin Hassett, previously a White House economic advisor, is the leading candidate to replace Jerome Powell as Federal Reserve chair when Powell's term ends in mid-2026. Hassett is viewed as someone who favors lower interest rates, which some believe could boost markets and crypto investments. Treasury Secretary Scott Bessent and former President Donald Trump support Hassett, who has advocated for faster interest rate cuts. He also owns a stake in Coinbase and previously advised the company. Polymarket currently gives Hassett a 57% chance of becoming the next Fed Chair. Other candidates include Christopher Waller, Kevin Warsh, Michelle Bowman, and Rick Rieder. The selection process is led by Treasury Secretary Bessent, with an announcement expected by early 2026.

Robinhood and Susquehanna Group have agreed to purchase 90% of LedgerX from Miami International Holdings to expand into prediction markets. Robinhood will be the controlling partner in a new joint venture that runs LedgerX as an independent exchange, with Miami International Holdings retaining a 10% stake. The acquisition includes MIAXdx, the LedgerX entity with regulatory approvals as a Designated Contract Market, Derivatives Clearing Organization, and Swap Execution Facility. Robinhood aims to launch a futures and derivatives exchange and clearinghouse focused on prediction markets, expected to begin operations in 2026. Susquehanna will act as a liquidity provider for the new venue. This deal comes as prediction markets are gaining traction, with other major players like Intercontinental Exchange, CME Group, and Cboe also entering the space. Tech companies like Google are also integrating prediction market data, increasing visibility for platforms like Polymarket and Kalshi.

A Spanish parliamentary group is proposing changes to crypto tax laws that would increase taxes on Bitcoin and Ethereum profits. Currently, crypto gains are taxed up to 30% under savings base rates, but the proposal suggests taxing them at the general Personal Income Tax rate, potentially reaching up to 47%. The group also wants crypto gains to be taxed at 30% under the Corporate Income Tax. Additionally, they propose a risk warning system for crypto investments on Spanish platforms, overseen by the National Securities Market Commission (CNMV). This proposal has been met with criticism, with some experts claiming that it will cause problems within Spain's crypto tax system and push crypto holders to leave the country. This news follows previous concerns about unclear crypto tax guidelines in Spain, highlighted by a case where a trader was taxed 9 million for a non-profit transaction.

The article outlines important price levels for Bitcoin that traders should monitor. It pinpoints specific numbers that could signal potential shifts in the market. Keeping an eye on these levels can help traders make informed decisions about buying or selling Bitcoin.

XRP has declined in value for six of the last seven weeks, despite the launch of XRP ETFs that have attracted $586 million in investments since mid-November. Over the past month, XRP's price has fallen nearly 17%. While smaller investors seem to be selling, larger investors, known as whales, have accumulated approximately $7.7 billion in XRP between August and the current period. An analyst, MichaelXBT, suggests this price decrease could be a redistribution phase, similar to past patterns where XRP remained stagnant before experiencing significant price increases. Long-term holders sold around $375 million worth of XRP in July, the highest in eight months, but whales are using the dip to increase their holdings, potentially setting the stage for a future rally.

An early Bitcoin adopter, known as Pumpius, is suggesting that investments in XRP could potentially lead to substantial long-term wealth accumulation for investors and their families. The statement is based on the premise that the cryptocurrency market can offer quicker and larger returns compared to more conventional investment options like the stock market.

Solana (SOL) has begun to recover, rising above $135 but is currently facing resistance around the $140 mark. It is trading above $132 and the 100-hourly simple moving average, with a bullish trend line forming support at $133. If Solana breaks through $140 and then $142, it could continue to climb, with $145 being a key resistance level to watch. A successful break above $145 could lead to further gains towards $155 and potentially $162. However, if SOL fails to surpass $140, it could fall back down. Initial support lies near $133, with a major support level at $128. A drop below $128 could push the price towards $122, and further decline below that could see it heading towards $115. Technical indicators show the MACD losing pace in the bullish zone and the RSI above 50.

XRP is showing signs of a potential upward trend, with increasing momentum and price movement. Analysts have observed a complex market structure, including an expanding diagonal pattern, and are watching for a possible breakout. XRP has reached a 0.5 retracement level, and a break above that zone could lead to a target of $2.30, a move that would suggest the cryptocurrency is establishing a bottom. However, a confirmed new trend has not yet been established. Bitcoin's performance around its $88,300 resistance is also being closely monitored, as its direction is expected to influence XRP's short-term movements.

Recent data shows that while Bitcoin's price has been falling since its peak in October, the number of large Bitcoin holders (sharks and whales, holding 100+ BTC) has actually increased since November 11th, with 91 new investors of this size joining the network. This suggests they are buying Bitcoin as the price drops. Simultaneously, the number of smaller Bitcoin holders (holding less than 0.1 BTC) has decreased, indicating they are selling off their coins. This trend of smaller investors selling to larger investors could be a positive sign for Bitcoin's long-term price.

Financial institutions are increasingly using specialized blockchains instead of Ethereum due to concerns about privacy. Klarna, a fintech company, launched its stablecoin on Tempo, a different blockchain, which some analysts see as a negative sign for Ethereum since stablecoins are a key part of Ethereum's market. The Canton Network, another blockchain focused on privacy, is also gaining traction among institutions, including Goldman Sachs. Unlike Ethereum, which makes all transactions public, these networks offer more control over data visibility. This shift is driven by the fact that public blockchains can expose sensitive business information and create regulatory issues for institutions handling large transactions. This trend suggests a division where public blockchains like Ethereum may be used for general retail purposes, while institutions favor private or specialized chains that prioritize confidentiality.

According to market analyst 24HrsCrypto, XRP reaching a three-digit price is possible based on mathematical calculations, liquidity, and time. The cryptocurrency XRP has been trading around $2 for several months due to market uncertainty.

XRP has significantly outperformed Ethereum in the past year, increasing by 340% compared to Ethereum's growth. However, the article suggests that Ethereum may be a stronger long-term investment. Banks using Ripple's technology for faster transactions often don't use the XRP token itself, diminishing the potential demand for XRP. Ripple is also moving towards using its own stablecoin, RLUSD, which could further reduce the need for XRP. Conversely, Ethereum benefits from the increasing use of stablecoins because each transaction requires ETH for gas fees, and a portion of that ETH is burned, reducing the overall supply. Although Ethereum also creates new ETH, the burning mechanism has helped stabilize its supply. The article concludes that Ethereum's economics are more favorable for long-term value creation, as it directly benefits from the growth of the crypto economy, especially the stablecoin market.

An analyst from Bankless suggests that Ethereum is better prepared to handle the potential threat of quantum computing than Bitcoin. This is based on the fact that Ethereum and Bitcoin operate independently, so if Bitcoin were to fail, Ethereum would continue to function normally. The analyst acknowledges a temporary drop in trust across crypto, but ultimately Ethereum's value proposition will prevail. Ethereum hides public keys until they are used and has plans to switch to quantum-resistant signature systems, reducing the risk of successful attacks. Should Bitcoin be compromised, it could pave the way for Ethereum to become the dominant digital money. Recent discussions highlight that quantum computers could potentially compromise Bitcoin's private keys, but Ethereum's proactive planning gives it an advantage.

Franklin Templeton has filed paperwork with the Securities and Exchange Commission (SEC) to create a new exchange-traded fund (ETF) that tracks the price of Solana, a popular cryptocurrency. This move follows the approval of similar ETFs for XRP. If approved, this Solana ETF would allow investors to gain exposure to Solana without directly purchasing and holding the cryptocurrency. The final SEC filing indicates the application is complete and awaiting a decision.

Kakao Bank is actively developing its stablecoin, Kakao Coin, aiming to leverage its large user base for adoption. Founder Kim Beom-soo is leading the project after being acquitted of market manipulation charges. Concurrently, Naver Financial is merging with Dunamu, the operator of South Korea's largest crypto exchange, Upbit, in a deal worth 20 trillion won. Dunamu's founder Song Chi-hyung will get a 30% stake, reducing Naver's stake to 17%. This merger aims to combine Naver's payment infrastructure with Upbit's crypto expertise. South Korea is considering new stablecoin regulations requiring 100% cash or sovereign bond reserves and licensing for international issuers, but inter-agency disputes could cause delays. Over a dozen crypto asset bills are under review in the National Assembly. Regulatory clarity is key to the success of these stablecoin projects.

A Nevada judge has ruled against prediction market Kalshi, potentially undermining a core theory about these markets' accuracy. The specific details of the ruling and its legal reasoning are not provided in this excerpt, but the key takeaway is that the decision challenges the belief in the reliability of prediction markets as accurate forecasters. The ruling's impact on Kalshi and the broader prediction market industry remains to be seen but suggests potential regulatory or legal hurdles for their operation.

Kevin Hassett is reportedly the leading candidate to become the next Federal Reserve chair, according to Bloomberg. President Trump is looking for someone who will lower interest rates more quickly. Treasury Secretary Scott Bessent has been conducting interviews, with a decision expected before Christmas or in early 2026. The current chair, Jerome Powell, could be replaced before his term ends on May 15, 2026. Hassett's connection to cryptocurrency is notable, as he previously owned over $1 million in Coinbase stock and received salary from them as an advisor. This has raised concerns about potential conflicts of interest, given the Fed's role in regulating digital assets, but some believe his understanding of the crypto industry could lead to more pragmatic regulations.

Solana's price increased to around $136 after finding support, signaling a potential short-term trend reversal. This rise is supported by active trading in the futures market, with approximately $7 billion in open interest and $19 billion in 24-hour futures volume. Daily spot trading has also exceeded $1 billion. The total value locked in Solana's network is about $8.878 billion, indicating stable liquidity. Key resistance levels to watch are $145 and $155; breaking above $155 could lead to further gains. Despite an overall weak trend, there are initial signs of support, suggesting a possible rebound in the coming weeks as traders protect a support level between $118 and $130.

The crypto market experienced mixed performance. The AI sector increased, with KAITO rising 12.5% and Bittensor gaining 7.3%. SocialFi, DeFi, and Meme tokens also saw gains. However, Bitcoin fell below $88,000, and Ethereum neared $3,000. The PayFi and Layer 2 sectors declined, although zkSync and Dash showed positive movement. Tom Lee from Fundstrat anticipates a potential short-term dip for Ethereum to $2,500, but maintains a bullish outlook, predicting a surge to between $7,000 and $9,000, possibly as early as January.

The crypto market is facing uncertainty as it awaits key US economic data and regulatory news. Bitcoin is currently near the high $80,000s after a recent decline that erased over $1 trillion from the total crypto market value. The Bureau of Economic Analysis has changed its release calendar, delaying the initial Q3 GDP report to December 23rd. The Labor Department will release weekly jobless claims data on November 26th, with the previous report showing initial claims at 220,000 and continuing claims at 1.974 million, the highest level since 2021. The Federal Reserve's preferred inflation measure, the Core PCE, is due on December 5th. The SEC's Investor Advisory Committee will hold a public meeting on December 4th to discuss equity tokenization. The market is also watching for potential changes in money flow into altcoins due to new SEC rules and exchange filings related to crypto-linked exchange-traded products. Jobless claims will be closely watched, as weaker data could increase expectations for earlier rate cuts, potentially benefiting crypto assets.

XRP's price has been increasing, surpassing $2.150 and currently trading above $2.180. There's a potential for further gains if it breaks through the $2.250 resistance level. Key resistance levels to watch are $2.250, $2.280, $2.320, $2.420, $2.450 and $2.50. Failure to surpass $2.250 could lead to a decline, with support levels around $2.170 and $2.120. A break below $2.120 might trigger a further drop towards $2.050, $2.00 and $1.9250. Technical indicators show the MACD in a bullish zone and the RSI above 50.

Starknet, an Ethereum Layer 2 network, has launched its mainnet upgrade v0.14.1. This upgrade includes faster block production during periods of low activity, a shift to the BLAKE hash function standard, and enhancements to the JSON-RPC stack. The goal is to reduce waiting times for users and improve the clarity of data formats for developers. The upgrade is now live following a testnet run earlier in November. Meanwhile, Starknet's token, STRK, is trading near its multi-week lows around $0.13-$0.14, down significantly from its 2024 peak. Starknet has a fully diluted value of approximately $1.38 billion and a circulating market cap near $620 million, based on a circulating supply of around 4.6 billion STRK. Starknet's DeFi TVL is tracked at about $221 million, and stablecoins on the network hover around $155-$156 million. Trading volume on decentralized exchanges (DEX) for Starknet is about $28.6 million, while perpetual futures volume is considerably higher at roughly $1.35 billion.

Despite a ban in 2021, China has re-emerged as a significant Bitcoin mining hub, now controlling approximately 14% of the global Bitcoin network's computing power, placing it third worldwide behind the United States and Russia. This resurgence is happening through a combination of older mining farms, smaller private operations, and cloud-based arrangements, particularly in regions like Xinjiang and Sichuan where electricity is cheaper. Companies that manufacture mining equipment are also seeing increased sales in China. The return of mining to China raises concerns about the concentration of mining power and uncertainty around how strictly the mining ban is being enforced. Analysts are closely monitoring changes in Chinese regulations, the performance of mining hardware companies, and whether mining profitability improves if the price of Bitcoin increases.

According to global liquidity specialist Michael Howell, the period of easy money that fueled asset growth, including crypto, is ending. He points to a roughly 65-month global liquidity cycle tied to debt refinancing as a key driver, not the Bitcoin halving cycle. Howell's index shows global liquidity has doubled since 2010 but the momentum is shifting. He highlights a rising debt-to-liquidity ratio, indicating potential financial strain. He believes the US is currently in a 'speculation' phase, with potential market turbulence ahead as debt refinancing becomes more challenging. While crypto behaves like both a tech stock and a commodity, Howell sees about 40-45% of Bitcoin's price driven by global liquidity. He advises caution in the short-term but suggests that any market dips could be an opportunity to acquire long-term inflation hedges like Bitcoin and gold.

US Bitcoin ETFs experienced a significant downturn, losing $58 billion in assets between October 7th and November 19th, a 35% decrease. This decline was worse than Bitcoin's own 28% drop during the same period, indicating that ETF outflows amplified the losses. The outflows were due to investors selling their ETF shares, not the ETF sponsors selling Bitcoin. This has created a liquidity crunch that could keep Bitcoin prices down unless new investments come in. BlackRock's IBIT and Grayscale's GBTC saw large outflows, and Ethereum ETFs also experienced similar trends. Investor sentiment is cautious due to factors like the U.S. government shutdown and uncertainty about Federal Reserve interest rate cuts. Some analysts predict Bitcoin could fall to $82,000 without new inflows, but others see potential signs of a bottoming out.

Ethereum's price has begun a recovery, rising above $2,880 and currently trading above $2,900, surpassing a key bearish trend line. A successful move above the $3,000 resistance level could lead to further gains, potentially reaching $3,060, $3,150, and even $3,250. Failure to break through $3,000, however, could trigger a decline, with initial support around $2,920 and major support at $2,880. Further drops could see Ethereum testing $2,800, $2,740, or even $2,620. Technical indicators show the MACD gaining bullish momentum and the RSI above 50.

Asian markets opened stronger with increased investment in riskier assets as Bitcoin neared $87,000. This is influenced by growing expectations that the US Federal Reserve will cut interest rates in December due to recent US data indicating a cooling economy. Stocks in Asia followed Wall Street's upward trend. While Bitcoin remains below $90,000, the overall crypto market capitalization is up slightly. The expectation of a Fed rate cut has increased significantly, now at an 80% probability according to Fed funds futures. Some analysts suggest Bitcoin may experience a period of low activity until 2026, with macroeconomics playing a larger role than crypto-specific events. Oil prices have stabilized after a previous drop.

XRP experienced a 7% price increase, reaching $2.19, following the launch of XRP-related ETFs by Franklin Templeton and Grayscale on the NYSE Arca. However, an indicator called the XRP Open Interest Delta RSI, which measures the speed of changes in open derivative positions, has risen above 70. This suggests increased speculative activity and could signal a potential price correction. Previously, similar spikes in this indicator have coincided with local price tops for XRP. Additionally, a recent drop in XRP's price below $2 triggered significant loss-taking among investors, with realized losses ranging from $0.5 billion to $1.2 billion each time XRP retested the $2 level since early 2024.

Macro investor Michael Green, also known as the Cassandra of Passive Investing, has voiced concerns about Bitcoin, stating its design is economically fragile and socially damaging, leading to a 'winner-takes-all' outcome like the game Monopoly. Green argues Bitcoin has failed to become a peer-to-peer payment system as initially intended in the Satoshi white paper. He claims that actual retail transactions using Bitcoin are minimal, and it doesn't function as a full credit system because it bypasses banks' ability to create new money through lending. Because Bitcoin's supply is capped, Green believes it cannot forgive mistakes, which limits its economic viability and creates inequality, favoring early adopters and excluding newcomers. He points to the increased concentration of Bitcoin holdings and a high Gini coefficient as evidence of this unequal distribution. At the time of writing this article, Bitcoin was trading at $87,589.

Account Abstraction (AA) is a behind-the-scenes upgrade to cryptocurrency wallets making them more user-friendly and secure. Instead of relying solely on a private key like traditional wallets (EOAs) such as MetaMask, AA transforms wallets into programmable smart contracts. This allows for features like someone else paying transaction fees (gas), enhanced security measures like 2-factor authentication and spending limits, easier onboarding for new users without seed phrases, automated transactions for tasks like claiming rewards or repaying loans, and the ability to upgrade wallet features. The ERC-4337 standard makes AA possible. Users can try AA through platforms like Safe (formerly Gnosis Safe), Argent Wallet, or Biconomy/ZeroDev Smart Accounts to experience benefits like multi-signature security, social recovery, or gasless transactions.

Ethereum is showing signs of renewed interest from U.S. investors. The Coinbase Premium Index, which measures U.S. appetite for ETH, has improved, suggesting increased buying interest. Ethereum ETFs experienced inflows of nearly $97 million after a period of outflows. Large Ethereum holders (whales) accumulated roughly 440,000 ETH, potentially to defend their average cost basis, while smaller holders sold off some of their holdings. Ethereum futures saw net outflows over the past week but have experienced inflows in the last three days. The odds of a Federal Reserve rate cut in December have increased, potentially boosting risk appetite. Ethereum's price is hovering around $3,000, with $3,100 acting as a key resistance level. The cryptocurrency saw $80.8 million in futures liquidations in the last 24 hours.

KuCoin, a global cryptocurrency platform serving over 40 million users in more than 200 countries, has secured registration as a Digital Currency Exchange (DCE) with AUSTRAC, the Australian financial intelligence agency. This registration subjects KuCoin to AUSTRAC's oversight, aiming to strengthen its compliance within Australia's regulatory framework. As part of its compliance strategy, KuCoin intends to register for further authorized services with AUSTRAC. KuCoin is collaborating with Echuca Trading, which holds an Australian Financial Services Licence (AFSL), to regulate its cryptocurrency futures business for the Australian market. KuCoin now supports local currency on-ramps in Australia, providing users with easier methods to acquire digital assets. The company emphasizes its commitment to transparency, responsible operations, and user protection.

Story Protocol's native token experienced a 21.48% surge, reaching $2.98, driven by the introduction of prediction markets and a new privacy upgrade called Confidential Data Rails. The token's trading volume was $145.63 million, bringing its market capitalization to $975.42 million. This increase is happening alongside the launch of prediction markets, integration with Dune Analytics, and the unveiling of the Confidential Data Rails technical paper, which secures encrypted data on-chain for assets like AI datasets and biomedical records. IP Strategy (Nasdaq: IPST) holds 53 million Story Protocol tokens, valued at around $731 million. The prediction markets, starting with MusicByVirtuals, allow users to trade on cultural and financial events, settled on the Story blockchain. Confidential Data Rails aims to solve the challenge of privacy on public blockchains by allowing secure storage and management of sensitive IP assets. Story Protocol's integration with Dune Analytics enables real-time visualization of on-chain IP data.

Bitcoin's price has begun to recover, exceeding $88,000 and currently consolidating, with the immediate focus on breaking through the $90,000 barrier. There's a bearish trend line forming resistance around $88,200. If Bitcoin successfully surpasses $90,000, it could potentially climb towards $91,750, with further targets at $92,500, $93,500, and $94,000. Conversely, failure to break the $90,000 resistance could lead to a decline, with immediate support around $86,700, followed by major support at $86,200 and $85,000. A drop below $82,000 could trigger a more significant downward move. The MACD is bullish, and the RSI is above 50, indicating positive momentum.

A recent YouGov poll shows that Donald Trump's current approval rating is lower than it was during his first term, with 38% approving and 57% disapproving, resulting in a net negative 19% approval. This follows the end of a 43-day government shutdown which negatively impacted the economy. Senators are also calling for an investigation into a Trump-linked crypto platform, World Liberty Financials, due to alleged ties to illicit actors in North Korea and Russia, with claims that the firm sold tokens to suspicious buyers connected to money laundering, an Iranian crypto exchange, and North Korean hackers.

A joint report by Ripple and GTreasury highlights how digital asset infrastructure, including XRP, is reshaping corporate treasury operations. The report indicates that companies can benefit from faster settlement times (seconds instead of days), lower costs, and 24/7 payment systems using digital asset networks. These networks enable quicker cross-border payments, improved payment visibility, and avoidance of high intermediary fees. The report specifies that XRP functions as a settlement asset, offering fast processing, liquidity, and institutional stability for high-volume global payments. Blockchain, stablecoins, and smart contracts are the core components discussed, with financial institutions already using these payment infrastructures in production environments.

Asian markets are opening with a focus on the intersection of artificial intelligence (AI) and Bitcoin, influenced by the performance of Nvidia. The article suggests that the initial boost from AI related to Bitcoin and Nvidia might be losing momentum. It indicates a potential slowdown or weakening of the positive impact that AI developments have had on the crypto market, specifically related to Bitcoin, in the Asian trading session.

Stand With Crypto, a group supporting cryptocurrency, has started surveying candidates for the 2026 US midterm elections to assess their views on digital assets. The survey asks about candidates' stances on individual crypto ownership, banking access for crypto companies, mining regulations, and consumer protection. The group will grade candidates from A to F based on their responses, with A indicating strong crypto support. Stand With Crypto has over 2.6 million registered advocates and aims to influence voter mobilization based on the survey results. The group, backed by Coinbase, intends to publish the grades in early 2026 and focus on key races, potentially influencing candidates to take clear positions on crypto-related issues.

Bitcoin remains the leading store of value in the digital asset market due to its strong network, limited supply, and global infrastructure. A new development called BTCFi is emerging to activate currently unused Bitcoin capital, allowing it to support more complex financial applications without compromising security. Arch Network is a key part of this, enabling smart contracts on Bitcoin with high performance and security. The cryptocurrency market is stabilizing, with Bitcoin appearing to have found a bottom around $82,000. Analysts suggest that the worst selling pressure may be over, and potential Federal Reserve rate cuts could further support the market, potentially leading to a Bitcoin recovery.

Bitcoin's recent price rebound is being scrutinized by traders, including Peter Brandt, who are questioning whether it's a temporary "dead cat bounce" rather than a sustained recovery. The key area traders are watching is the $88,000 to $92,000 range; a break above $92,000 could signal renewed buyer confidence, while failure to do so could lead to further price declines. Support around $85,000 is also critical, and a drop below this level could trigger another sell-off. Market sentiment, as reflected by the Fear and Greed Index at 20, indicates extreme fear and caution among investors, despite a slight improvement from earlier lows. The market's next move hinges on how Bitcoin behaves near these support levels and whether buyers return, as the debate continues about the true nature of the rebound.

The Commodity Futures Trading Commission (CFTC) is creating a CEO Innovation Council and is seeking nominations from top industry executives by December 8th. This is part of the CFTC's plan to play a bigger role in regulating crypto. While new crypto laws are being considered in Congress, the CFTC is also exploring launching spot crypto trading products, including options with leverage. Acting Chair Caroline Pham is encouraging public participation and the input of experienced industry leaders to help shape regulations. The CFTC is discussing these plans with regulated exchanges and is considering launching spot crypto trading products that involve margin, leverage, and financing.

Binance is facing a lawsuit in a US federal court in North Dakota filed by over 300 American victims and relatives affected by the October 7, 2023, Hamas attack on Israel. The lawsuit alleges that Binance facilitated over $1 billion in cryptocurrency transfers for Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran's Islamic Revolutionary Guard Corps, including more than $50 million after the October attack. The plaintiffs claim Binance knowingly enabled these transactions, violating US counter-terrorism laws. The lawsuit cites Binance's previous admissions of anti-money-laundering and sanctions violations, for which the company paid $4.3 billion in penalties, and the former CEO Changpeng Zhao spent time in prison. Lawyers argue that Binance prioritized profit over compliance. While Binance has declined to comment on the suit, they maintain they have rebuilt compliance, sanctions, and anti-money-laundering controls. Some analysts note that the $1 billion figure cited in the lawsuit may be inflated compared to confirmed Hamas-linked crypto fundraising estimates by blockchain analytics firms.

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.