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CoinShares has withdrawn its application to the SEC for a staked Solana ETF because the necessary structuring agreement to support the fund fell apart. This happened despite significant inflows into existing Solana ETFs, which attracted over $369 million in November due to advertised yields of 5-7%. However, Solana's price has been declining since its September highs, dropping to a five-month low in November, and analysts are lowering their price expectations for the cryptocurrency. The initial price surge earlier in the year was fueled by meme coin trading activity, but that excitement has since faded.

Ethereum is scheduled to launch its Fusaka Upgrade on December 3, bringing improvements to speed, security, and user experience. This upgrade aims to make Ethereum applications faster and more user-friendly. Key features include enhanced data scaling for near-instant transactions, mobile-ready wallets with secure logins via passkeys, and PeerDAS (EIP-7594) to boost data throughput. The upgrade will also increase gas limits from 45 million to 60 million, support lighter and cheaper nodes with history expiry, natively support the secp256r1 cryptographic curve, and improve fee predictability. The upgrade may increase adoption, usage, and demand for Ethereum, potentially leading to further price recoveries.

Binance Coin (BNB) is currently trading in a tight range, with analysts observing a potential breakout or breakdown imminent. The price is hovering around $890-$896, facing resistance at $898 and support at $884. A retest of a long-term ascending trendline has sparked concerns about a potential bearish (downward) movement, while short-term analysis suggests a compressed trading pattern that could lead to a sharp price move in either direction. A break above $910 with strong trading volume could push the price towards $950, while a failure to hold above $890 could result in a drop to lower support levels. Traders are waiting for a clear signal, with volume expected to play a crucial role in determining the next direction.

KuCoin has secured a license to operate legally across 29 countries in the European Economic Area, joining a small group of crypto firms approved by Austria's regulator. This allows them to serve over 450 million potential customers under unified European regulations. Austria is becoming a key location for crypto licensing due to its stable rules and skilled workers. The new EU rules, called MiCA, let companies licensed in one country offer services across the entire European area, but Malta is excluded. Getting into the EU crypto market is difficult because of high costs, with registration fees ranging from 50,000 to 150,000 and compliance expenses potentially reaching millions. Exchanges also need to upgrade their systems for data verification and security. However, compliant exchanges are seeing benefits, with most EU crypto transactions now happening on these platforms, and institutional deposits have increased. Major exchanges like Binance and Coinbase are also getting licensed, leading to market consolidation. As users increasingly prioritize regulated platforms, non-compliant exchanges are losing users. KuCoin's license allows them to capitalize on the growing European crypto market as regulatory barriers prevent many competitors from entering.

Bitcoin's price is stable at approximately $91,000 as U.S. stock markets saw gains on Black Friday. Over the last 24 hours, Bitcoin has remained unchanged, reaching a high of $92,800 earlier in the day. Ethereum's price has increased by 0.5%, while Solana's price has decreased by 3.5% during the same period. XRP's price has fallen by 1.9% to $2.19.

Shiba Inu's price has risen 5% in the past week, and analysts are watching for a potential breakout from a year-long downtrend. This downtrend, visually represented as a falling wedge pattern, shows signs of weakening, suggesting a possible price increase. Recently, Shiba Inu bounced off a low of $0.00000756. Shiba Inu's burn rate has increased significantly, with over 61.5 million tokens removed from circulation in a day, pushing the burn rate close to 800%. This burn activity, along with a slight increase in market value to $5.03 billion, indicates renewed interest in the token. Over the past week, Shiba Inu holders burned close to 99 million tokens. Analysts are waiting to see if Shiba Inu can break above the $0.0000090 resistance level.

Bitcoin's price has recently found stability above $90,000, leading some analysts to predict a possible rise to $100,000. BTIG analysts point to historical seasonal trends and the potential of Strategy to drive this upward movement. Another analyst, Rekt Capital, notes that Bitcoin reclaiming the $94,180 level could signal a rally. However, Bitcoin needs to maintain a weekly close above $93,500 to solidify its upward momentum. Bloomberg analyst Mike McGlone suggests a possible correction to around $50,000, citing Bitcoin's correlation with the S&P 500 and the index's low volatility.

The cryptocurrency XRP is seeing increasing interest from investment firms, leading to the launch of several XRP Exchange-Traded Funds (ETFs). Currently, more than 12 XRP ETFs are awaiting launch. Some XRP ETFs are already available, including those from Bitwise, Canary Capitals, Grayscale, Franklin Templeton and REX Ospreys. Canary Capitals XRP ETF reached $58 million on its first trading day. Inflows into XRP ETFs have reached approximately $643.9 million in just 10 days and are approaching $1 billion within the first month. As ETFs buy up XRP, the available supply may decrease, which could potentially increase the price of XRP.

Bitcoin advocate Max Keiser believes Bitcoin could reach a new all-time high due to Nasdaq potentially increasing options limits for BlackRock's IBIT Bitcoin ETF by about 40 times. This expansion is expected to remove barriers for larger institutional investments. Market makers will be able to manage larger positions more efficiently, potentially lowering spreads and increasing liquidity. JPMorgan is reportedly preparing Bitcoin-backed structured notes that would track BlackRock IBIT. Holders of large amounts of Bitcoin (10,000 BTC or more) have started accumulating more Bitcoin. Additionally, the price of Bitcoin bounced back after falling to around $80,000, a level considered attractive to institutional investors due to the average cost basis for US spot Bitcoin ETFs being near that price. However, the article also notes that price spikes and potential downward movements remain a possibility.

São Paulo, Brazil's economic hub, is launching a pilot program to provide microloans to farmers using blockchain technology. This initiative aims to streamline the lending process and potentially expand access to credit for agricultural workers in the region. The program will utilize blockchain to track loan disbursement and repayment, increasing transparency and efficiency. The specific details of the program, such as the amount of loans and the number of farmers involved, were not disclosed, but the initiative represents a significant step towards integrating blockchain solutions into Brazil's agricultural finance sector.

Amundi, a major European asset manager, has launched a tokenized share class of one of its funds on the Ethereum blockchain. This represents a move towards integrating traditional finance with blockchain technology. The tokenized share class offers investors a digital representation of ownership in the fund, managed by Amundi. It's intended to explore the benefits of blockchain such as increased efficiency and transparency in fund operations.

Germany's Chancellor Friedrich Merz is urging the EU to reconsider its 2035 ban on combustion engine vehicles. He suggests a more technology-neutral approach to CO regulations, focusing on the entire fleet's emissions rather than just new car registrations. This call comes amid concerns about the German automotive industry, which has already lost over 51,000 jobs this year. Industry leaders like Mercedes-Benz and Volkswagen CEOs believe the 2035 ban is unrealistic and could collapse the European car market due to weak EV demand, Chinese competition, and potential US tariffs. They propose increasing blending quotas for biofuels to reduce emissions from existing vehicles. While some countries like France and Spain want to maintain the 2035 target, others like Italy have requested delays. Environmental groups oppose any changes, while some carmakers like Volvo support the original ban due to their EV investments. The European Commission is expected to announce its decision on December 10. Chinese EV manufacturers are expanding their presence in the EU, offering cheaper EVs and increasing competition. The EU automotive industry employs over 13 million people, and leaders warn of significant job losses if the 2035 plan proceeds as is.

MegaETH, a Layer 2 Ethereum scaling solution, is refunding all funds deposited into its Pre-Deposit Bridge. This decision reverses a pre-launch campaign designed to preload collateral for USDm, the stablecoin planned for their upcoming Frontier mainnet. The team cited poor execution as the reason, highlighting that the initial $250 million deposit cap was mismanaged, causing misalignment with their goal of guaranteed 1:1 USDm conversion. The refund process will be managed via a new smart contract, undergoing audit before reimbursements begin. Technical issues during the pre-deposit included transaction failures due to an incorrect SaleUUID, strict KYC rate limits, and deposits opening ahead of schedule. An attempt to raise the cap to $1 billion was also mishandled, resulting in contributions exceeding $400 million. Despite halting the process, MegaETH assures depositor funds are safe and that USDm remains central to their ecosystem. They intend to reopen the USDC-USDm conversion bridge before the Frontier mainnet launch to improve liquidity and user onboarding. This situation is similar to a recent incident with Stables pre-deposit rollout, where concerns of front-running and insider involvement emerged.

Bitcoin's price experienced significant volatility, reaching as high as $93,000 before falling to around $90,200. The firm BTIG anticipates Bitcoin could rebound to $100,000 in December, noting its tendency to strengthen towards the year's end after bottoming around November 26. The forecast is supported by the Bitcoin's Relative Strength Index (RSI) reaching oversold levels. A renewed demand from institutional investors has turned the Coinbase Bitcoin Premium index positive after weeks in negative territory. This positive premium is often seen as a bullish indicator. Further supporting the potential rally is the expectation of the Federal Reserve initiating Quantitative Easing (QE) and potentially cutting interest rates in December. Polymarket traders estimate an 87% chance of a 25 basis point rate cut by the Fed in December.

A cooling system failure at a CyrusOne data center in Aurora, Illinois, caused a shutdown of the Chicago Mercantile Exchange (CME) on November 27. The outage disrupted futures and options trading across equities, foreign exchange, bonds, and commodities, impacting trillions of dollars in activity. The failure involved a chiller plant issue that affected multiple cooling units, leading to server shutdowns as temperatures rose. Although the facility has backup cooling systems, it's unclear if they functioned during the incident. Data centers, critical for markets, crypto, AI, and cloud services, consume large amounts of energy and generate substantial heat. Effective cooling is essential to prevent system failures. Overheating can damage equipment, cause data loss, and disrupt services, as seen in recent outages at Cloudflare, Amazon Web Services, Microsoft, and CrowdStrike. The CME outage highlights the vulnerability of global markets to single-point failures despite redundancy measures.

FLOKI is currently trading around $0.000049, showing a slight increase of 1.44% over the last 24 hours. Its market capitalization is approximately $478.7 million, with a daily trading volume of $46.5 million. The price has been fluctuating between $0.0000490 and $0.0000510, indicating low volatility. Although there has been a minor recovery from a recent decline, the price is facing resistance around $0.000050, suggesting buyers are struggling to push it higher. Open interest, which reflects the total number of outstanding contracts, has decreased, signaling a lack of strong conviction among traders. Technical indicators, such as MACD and CMF, suggest that the downtrend may continue as participation remains weak and capital outflows persist.

LivLive, a new cryptocurrency project combining AR, blockchain, and gamification, is attracting investor interest during its presale. The project has already raised over $2.18 million. A limited-time Black Friday bonus offers investors an additional 300% in tokens. Stage 1 of the presale prices the $LIVE token at $0.020, with a planned launch price of $0.25. The project aims to reward real-world activities with crypto. Bitcoin is showing signs of recovery, trading around $91,000, while analysts suggest that LivLive's presale is a potential high-growth opportunity.

XRP has experienced a significant price increase, gaining 1.4% in the last 24 hours, 16.5% over the past week, and 52.4% since late November. Bitcoin's rise has fueled market optimism, and speculation around ETF launches and potential Federal Reserve interest rate cuts are influencing XRP's trajectory. While a push towards $2.50 is possible, analysts predict a short-term pullback to around $2.21 by Sunday. A more substantial rally and a retest of its all-time high of $3.65 could happen in December if the Federal Reserve cuts interest rates again.

Turkmenistan is set to legalize cryptocurrency trading and mining starting January 1, 2026, under strict government control. The Central Bank of Turkmenistan will oversee the industry, licensing exchanges and custodians, and enforcing rules against money laundering. While crypto mining will be allowed with registration, cryptocurrencies will not be legal tender and cannot be used for payments. The move is part of Turkmenistan's plan to diversify its economy and attract foreign investment, leveraging its large natural gas reserves for potential large-scale mining. The government will closely monitor token issuances and has the power to intervene, voiding tokens, or forcing refunds. Credit institutions are banned from offering crypto services. Strict rules apply to advertising and branding, with warnings about financial risks required. All marketing materials must state that digital assets are not backed by the government.

CoinShares has withdrawn its application to launch a Solana staking ETF in the US, despite the popularity and inflows seen by existing Solana ETFs. The company had last updated its application in September but didn't launch a fund in November like some others. This means the planned product was canceled, and no shares were ever sold. While CoinShares still has a Solana staking ETP listed in Frankfurt, it's unclear why they decided against a similar product in the US. CoinShares also scrapped plans for XRP and Litecoin ETFs, possibly due to market conditions and an upcoming merger. Solana ETFs are generally seeing positive inflows, with Bitwise's BSOL accumulating the most assets, currently valued at $527.9M. Solana's price is around $137.50, despite ETF accumulation, suggesting potential future price movement.

Cardano (ADA) is currently trading near $0.42, experiencing a downtrend but attempting to stabilize. Trading volume is high, indicating strong market interest. Some analysts believe Cardano is undervalued, noting that its price aligns with historical areas where buyers have previously shown interest. A rare Wyckoff spring pattern has appeared on the monthly chart, suggesting a potential shift from distribution to accumulation. Bullish RSI divergence on the weekly chart also supports a possible recovery. If buyers can push the price above $0.46 to $0.48, it could lead to a move towards $0.55 and potentially $0.62. However, a drop below $0.40 could see the price decline to $0.36 or $0.33.

XRP spot ETFs have attracted $643.92 million in net inflows during their first month of trading, reaching $676.49 million in total net assets. This represents 0.50% of XRP's total market value. Leading issuers like Grayscale, Franklin Templeton, Bitwise, and Canary are driving these inflows, with their ETF holdings now exceeding 0.5% of the total XRP circulating supply. On November 26th alone, trading volume for these ETFs reached $38.12 million. While XRP's price has experienced volatility, demand for the ETFs has remained strong, with institutions continuing to build their exposure. Other companies, like 21Shares, are looking to launch their own XRP spot ETFs. In contrast, similar ETFs for Dogecoin, HBAR and Litecoin have not seen significant investor interest.

Avalanche (AVAX) is showing signs of recovery after a period of decline. The price is currently facing resistance around $17.80, a level that has previously caused setbacks. If AVAX can break through this resistance, the next target is around $19.00-$20.20. Support levels to watch are between $14.0 and $14.5. Technical analysis indicates a supply zone at $15.1-$15.5, which will influence whether AVAX can maintain its upward momentum. A bullish flag pattern has formed, suggesting a potential move towards $19.2 if the upper boundary of the flag is broken. Long term, if AVAX reclaims levels above $22-$25, the next major target is $40-$48, with a potential climb to $90-$100 possible in a strong market, but this is conditional on holding support and broader market conditions.

Uzbekistan will allow the use of stablecoins for payments and the issuance of tokenized stocks and bonds beginning January 1, 2026. This will be done under a special legal regime and regulatory sandbox managed by the National Agency for Perspective Projects and the central bank, allowing for controlled testing and monitoring. Licensed stock exchanges will also prepare platforms for trading tokenized securities. This move builds upon existing regulations requiring crypto transactions to go through locally licensed providers, banning anonymous transactions, and mandating customer identification. While crypto is treated as an asset, stablecoins will become the first digital assets allowed for payments within the controlled system. The new rules coincide with global trends toward formalizing oversight for stablecoins and the increasing standardization of blockchain payments.

Optimism, a company that helps make transactions on the Ethereum network cheaper and faster, is changing its business strategy. The CEO, Jing Wang, said that while they've helped other companies like Coinbase and Kraken create their own blockchains using Optimism's technology (OP Stack), they spread themselves too thin by doing too much. This involved over-hiring and a lack of clear strategy as the market changed. Optimism is now focused on improving its operations to adapt to the current market conditions.

South Korea's largest crypto exchange, Upbit, experienced a security breach resulting in the theft of approximately $32 million in digital assets from a hot wallet. Authorities suspect the North Korean hacking group Lazarus is behind the attack, mirroring a similar incident in 2019. The funds were quickly moved through other exchanges and subjected to mixing, a technique used to obscure their origin. The timing of the hack, coinciding with a major company announcement, has raised further suspicions. Regulators have launched an on-site inspection of Upbit following the incident.

Crypto analysts are suggesting Dogecoin could potentially see a significant price increase. One analyst, EtherNasyonal, using Elliott Wave analysis, believes Dogecoin is in a holding pattern before a major breakout, potentially reaching targets from $0.50 to over $16 if historical patterns repeat. He suggests Dogecoin is stuck within a third-wave deadlock. Another analyst, Trader Tardigrade, predicts a more modest target of $1 by the first quarter of 2026, based on Dogecoin's historical reactions to a long-standing ascending support line. He notes past rebounds from this line have triggered substantial price rallies, with potential gains of over 600% from current levels. Despite a recent price decrease of over 20% in the past month, these analysts remain optimistic about Dogecoin's long-term potential.

Donald Trump announced he is invalidating all executive orders and documents from Joe Biden's presidency that he claims were signed using an autopen without Biden's direct involvement. Trump alleges that around 92% of Biden's executive documents were signed via autopen and are therefore void because Biden didn't explicitly authorize their use. Trump suggests that those responsible for the use of the autopen could have acted illegally and has threatened Biden with perjury charges if he claims to have approved the autopen signatures. This move is expected to result in legal challenges and political conflict regarding presidential authority and the legitimacy of past administrative actions.

Donald Trump announced he is canceling all executive orders and documents from Joe Biden's presidency that he claims were signed using an autopen without Biden's direct involvement. Trump alleges that about 92% of Biden's executive documents were signed using an autopen and therefore are invalid. He stated on Truth Social that unauthorized people took control of the presidency from Biden. Trump's move is expected to cause a legal and political clash, potentially affecting thousands of federal directives. Legal experts anticipate immediate challenges to this action, creating uncertainty about the future of many Biden-era policies.

CoinShares, a company focused on digital asset investment, has withdrawn its applications to the U.S. Securities and Exchange Commission (SEC) for exchange-traded funds (ETFs) based on XRP, Solana, and Litecoin. This decision effectively ends CoinShares' effort to launch these specific crypto ETFs in the U.S. market. The SEC filing indicates the company will no longer pursue regulatory approval for these investment products, which would have allowed investors to gain exposure to these cryptocurrencies through a traditional investment vehicle.

Avalanche's AVAX token saw a positive reaction after Securitize chose the Avalanche network to build the EU's first regulated blockchain-based trading and settlement system. This decision followed Securitize's authorization in Spain and marks a significant step for real-world asset tokenization in Europe, citing Avalanche's speed and institutional readiness as key factors. Following the announcement, AVAX rose 7.4%, but analysts indicate a potential short-term price drop towards the $13.5-$13.7 range due to liquidation pressures. Key support levels are being established around $14.84, but a drop below $13.91 could indicate weakening momentum. Avalanche is currently processing around 23 transactions per second, with 30,000 daily active addresses, and has the capacity to scale significantly higher.

Taiwan's government has revised its economic growth forecasts upward due to a significant increase in exports, particularly in AI-related hardware. The gross domestic product (GDP) is now projected to grow by 7.37% in 2025, marking the fastest growth since 2010, and by 3.54% in 2026, an increase from the previous prediction of 2.81%. This export surge is largely attributed to global demand for semiconductor chips, servers, and other AI components. In October 2025, Taiwan's exports jumped by almost 50% year-on-year, reaching a record high, with shipments to the United States also seeing a substantial increase. Taiwan Semiconductor Manufacturing Company (TSMC) has significantly contributed to this export growth, reporting increased sales and profits. However, traditional sectors such as textiles, petrochemicals, and steel are facing challenges due to weak global demand and overcapacity. The textile industry is experiencing a downturn, while the petrochemical sector is affected by increased supply from China and the Middle East. The steel sector is also facing similar issues because of Chinese products flooding international markets. Concerns remain about the potential impact of U.S. tariffs on Taiwanese exports, although semiconductors are currently exempt, and the Taiwanese government is seeking a more favorable tariff agreement with the U.S.

BNB's price is showing signs of potential recovery, currently trading around $882 and aiming for the $1,000 mark. This optimism is fueled by the overall cryptocurrency market rebound and the recent filing of a VanEck BNB ETF with the SEC, which, if approved, could attract significant investment. While technical indicators present a mixed outlook, with some resistance around $1,050, a breakout above $900 could lead to a rapid price increase. Bitcoin's stabilization above $91,000 after a drop has also contributed to the positive sentiment, with exchange-traded product flows turning positive after prior outflows.

MicroStrategy's stock (MSTR) has increased by over 5% to $185, despite discussions about its potential removal from the MSCI index. This possible delisting is due to MicroStrategy holding a large amount of digital assets. Some analysts believe the stock could reach $200 soon. The stock's price has fluctuated recently and is down compared to previous months and the past year. Concerns arose after MicroStrategy Chairman Michael Saylor's wealth decreased as both MSTR and Bitcoin prices fell. An analyst suggests that JPMorgan, Morgan Stanley, and MSCI might be trying to devalue or delist MicroStrategy, potentially to free up capital for Bitcoin-related investments. Despite these concerns, figures in the crypto community and market analysts are supporting MicroStrategy, with some predicting a higher stock price target and emphasizing the company's financial stability if Bitcoin stays above a certain level.

The amount of Ether (ETH) held on the Aave lending platform has reached a new high, exceeding 3 million tokens. This increase in ETH deposits has doubled over the past year, solidifying Aave's position as a leading DeFi lending protocol. The utilization rate of ETH on Aave is currently above 94%, nearing Aave's preferred limit of 92%, which may prompt them to increase the threshold. Aave's ETH lenders currently receive an APY of 1.2%. Aave currently holds $21.4 billion in active loans, which is down from $30 billion in September. Aave locks in over $32 billion in value, down from a peak of $44 billion as of October 8. Total value locked has increased 5X in the past year, with Aave accounting for around 50% of all lending protocol liquidity. Aave's GHO stablecoin supply is currently at 416 million tokens, down from a record of 451 million tokens in the past two weeks. AAVE token is currently trading at $184.39.

OP has seen a slight price increase of 2.71% in the last 24 hours, bringing its price to around $0.33 and its market capitalization to $633 million. However, the overall trend is still weak after a significant drop in October. The amount of active trading interest, measured by open interest, initially increased during a small recovery but has recently decreased again, indicating uncertainty among traders. The coin is struggling to break above the $0.34 mark, and while it's holding above $0.32, it hasn't shown the strength needed for a full recovery. Technical indicators like MACD and CMF also suggest ongoing weakness and capital outflow, reinforcing the cautious outlook.

Solana's price is recovering after a period of volatility, supported by institutional investments through ETFs which have seen inflows of over $527 million since November 10. The price is currently around $139.50 and is approaching a key resistance area between $144 and $153. Overcoming this resistance could lead to further price increases towards $165-$180. However, failure to break through this resistance could result in a price decline back towards the $121-$126 support level. Long-term analysis suggests that if Solana maintains its current structure, it could potentially reach $320-$380 in the future.

XRP is potentially entering a new upward phase, with technical analysts observing patterns suggesting a price increase. A break above the resistance level of $2.22 could signal the start of a 'Wave 5,' potentially pushing the price towards $5.85. Short-term charts also indicate bullish formations, suggesting targets between $2.30 and $2.60, with one analyst projecting a more ambitious target of around $24 based on a bull flag pattern. However, on-chain data reveals that large XRP holders, or 'whales,' have been selling off substantial amounts of XRP, with over 2.2 billion tokens sold in the past month. Binance's XRP reserves have also decreased significantly, reflecting a distribution of tokens and possible caution among major holders, despite a recent mild rebound in price.

The cryptocurrency market experienced a strong rebound this week, with roughly $300 billion flowing back into digital assets. This followed a period of significant selling and liquidations. The recovery was driven by improved liquidity conditions in the U.S., which boosted confidence in risk assets like crypto. Many crypto assets were also oversold after the selloff, leading to a technical reset. As Bitcoin surpassed $90,000 and Ethereum exceeded $3,000, institutional investors and large holders (whales) began to re-enter the market, further supporting the price increases. The sustainability of this rally depends on continued macro stability; any tightening of liquidity or macro shocks could reverse the gains.

Fidelity's tokenized money market fund, called Fidelity Digital Interest Token (FDIT), has reached over $250 million in value. This fund operates entirely on the Ethereum blockchain and provides investors with on-chain access to U.S. Treasury securities and similar short-term, government-backed investments. The fund was launched almost four months ago and represents a tokenized share class of Fidelity's existing Treasury money market fund.

Kinetiq, a staking platform built on the Hyperliquid blockchain, introduced its governance token, KNTQ, on November 27th. Currently, KNTQ's price is $0.13, reflecting an increase of nearly 19% in the last 24 hours. The trading volume for KNTQ is $27.7 million. The token's market capitalization stands at $35.3 million, suggesting a fully diluted valuation of approximately $130 million.

Uzbekistan will legally recognize stablecoins as a means of payment starting January 1, 2026, within a special regulatory framework. On the same day in 2026, domestic companies can issue tokenized stocks and securities. This follows a decree to develop financial technology, aiming to attract $1 billion in foreign investment over five years and increase fintech companies to 200, supported by a $50 million venture fund. Uzbekistan also plans to introduce open banking by year-end. This move aligns with other Central Asian nations regulating crypto, such as Kyrgyzstan launching a gold-backed stablecoin and Kazakhstan legalizing digital coin circulation.

The Coinbase Bitcoin Premium Index, which measures the difference in Bitcoin prices on Coinbase versus other global exchanges, has turned positive for the first time in weeks, suggesting a potential recovery in US demand for Bitcoin. This shift coincides with silver reaching a new all-time high, indicating a broader interest in hard assets. A positive Coinbase Premium suggests that US buyers are paying a slight premium for Bitcoin again, signaling a possible stabilization of domestic demand after a period of negative premiums throughout November. While Bitcoin and silver are not currently correlated, the simultaneous rise in silver and the positive shift in the Coinbase Premium Index may indicate that macro conditions are beginning to favor alternative asset flows.

XRP's price has risen, exceeding $2.25, after the approval of the 21Shares XRP Spot ETF, scheduled to launch on December 1, 2025, with a 0.50% management fee. Analysts predict the ETF could attract over $1 billion in inflows initially, boosting institutional investment in XRP. Technical analysis indicates XRP has been consolidating for over a year, forming a Wyckoff reaccumulation pattern, suggesting potential price increases. It has also broken out of a Descending Wedge Channel, a bullish reversal signal, with short-term price targets set at $2.27, $2.50, and $3.00. XRP has gained approximately 14% in the past week, stabilizing above $2, with its 24-hour trading volume exceeding $3.55 billion.

A crypto analyst is predicting that the upcoming Ethereum "Fusaka" upgrade, scheduled for December 3rd, could significantly benefit the price of Ethereum (ETH). The prediction is based on a proposed change called EIP-7918, which is expected to make Layer-2 networks (L2s) on Ethereum burn more ETH. Currently, L2s don't pay much in fees to the main Ethereum network, but EIP-7918 would change this, requiring them to pay fees in ETH, a portion of which would be burned. The analyst believes that as L2 usage grows, this could lead to a substantial amount of ETH being burned, potentially making Ethereum more valuable. The analyst suggests this could extend to major corporations launching their own L2 networks and burning ETH. ETH is currently trading at $3,022.

Switzerland is delaying the automatic sharing of cryptocurrency account information with other countries' tax authorities until at least January 2027. Although new rules requiring crypto firms to report information domestically will start in 2026, the actual exchange of data with foreign nations is on hold. This pause is due to a committee needing more time to review which countries should be included in the exchange program to ensure legal and diplomatic standards are met. While a list of 74 partner countries, including most EU members and the UK, was previously prepared, technical and legal checks are ongoing. Some major economies like the US, China, and Saudi Arabia are not initially included. Crypto service providers in Switzerland will still need to register, verify customers, and collect data, making crypto holdings visible to tax authorities in participating countries when the exchanges eventually begin.

The Solana trading environment is changing, with less activity in memecoins and more in other areas. Memecoins, which once made up about 35% of trading on Solana's decentralized exchanges, now account for less than 9%. Despite this shift, the overall trading volume on Solana remains strong, around $18.6 billion per week. Traders appear to be moving away from highly speculative memecoins towards more stable investments like stablecoins, tokenized assets, and perpetual futures. There is also a move towards mid-sized trades between $1,000 and $10,000.

This week's crypto regulation news includes the SEC issuing a no-action letter to Fuse, a Solana-based project, meaning they won't take enforcement action against its FUSE token sales under specific conditions where the token is used for network participation rather than speculation. Also, Kevin Hassett, who is considered crypto-friendly, is a leading candidate to become the next Federal Reserve chair. In other news, a bipartisan bill, the AI Fraud Deterrence Act, has been introduced in Congress to combat AI-powered fraud, including scams related to crypto. Finally, the CFTC is creating a CEO Innovation Council to advise on emerging markets, with a focus on prediction markets.

Hungarian Prime Minister Viktor Orban met with Russian President Vladimir Putin to discuss Hungary potentially taking over Russian-linked oil refineries in Eastern Europe that have been affected by sanctions. These refineries, located in countries like Serbia, Bulgaria, and Romania, have faced operational challenges due to U.S. sanctions on Russian ownership. Orban is looking to acquire assets like Lukoil's refineries and a stake in Serbia's NIS refinery owned by Gazprom. Hungary currently has a sanctions waiver granted by the U.S., giving it an advantage in acquiring these assets. Putin has agreed to continue supplying Hungary with natural gas and oil and to proceed with expanding Hungary's nuclear plant, which is being built with Russian support. Hungary's energy company, MOL, is in talks with Serbia about buying Gazprom's stake in NIS to restart fuel production. Other parties, such as a consortium of SOCAR (Azerbaijan) and Cengiz Holding (Turkey), were previously interested in acquiring the Bulgarian Lukoil refinery but plans were halted after U.S. sanctions.

In the third quarter of this year, venture capital investments in crypto companies totaled $4.65 billion across 415 deals. This represents a significant increase of 290% compared to the second quarter, but is still lower than the investment levels seen in 2021 and 2022. According to research from Galaxy Digital, a large portion of this investment, nearly 50%, was concentrated in just seven deals. The majority of investments went to later-stage companies, indicating that funding is primarily directed towards more established businesses in the crypto space.

Cardano has reached a new high with over 11 million token policies on its network, indicating increased activity involving meme coins, NFTs, DeFi projects and community tokens. Simultaneously, the founding entities of Cardano have proposed a $70 million plan to the Cardano Treasury for funding integrations of new tools. These tools include tier-one stablecoins, custody solutions, wallets, on-chain analytics, cross-chain bridges, and pricing oracles, to enhance the network's capabilities. Early voting data shows initial support for the proposal from DReps, although the proposal requires full approval. The outcome of the vote and the implementation of these integrations could potentially impact the price of ADA.

A Goldman Sachs survey of institutional investors indicates a strong expectation for gold prices to reach $5,000 per ounce by the end of 2026, with 36% projecting this outcome. An additional 33% foresee prices between $4,500 and $5,000. Over 70% of those surveyed anticipate higher prices in the coming year. The survey suggests that central bank buying is the main driver behind the rally, cited by 38% of investors, while 27% point to fiscal stress. The price of spot gold increased by 0.45% to $4,175.50, and futures rose by 0.53% to $4,187.40. A technical issue at the Chicago Mercantile Exchange temporarily disrupted trading in gold futures and options, but gold still maintains a weekly gain of approximately 3%. Gold is on track for its best annual performance since 1979.

Hedera's price is softening after a recent rebound, indicating a potential pause before its next significant move. The price currently trades around $0.15, down 1.81% in the last 24 hours, with a market capitalization of $6.16 billion and a daily trading volume of $165.9 million. Open interest, which reflects investor participation, has flattened, suggesting reduced speculative activity. The price is stabilizing within a narrow range, fluctuating between $0.143 and $0.149, mirroring lower trading volumes and a general cooling trend across the altcoin market. Traders are watching to see if Hedera can break above the $0.15-$0.152 resistance zone, while technical indicators point to a potential breakout depending on whether the price exceeds $0.16-$0.17 resistance or falls below the $0.135 support.

BlackRock, a major investment firm, has purchased $589 million worth of Bitcoin and Ethereum. This investment comes as the cryptocurrency market shows signs of recovery. The large purchase by BlackRock indicates increasing institutional interest in digital assets and could potentially influence market stability and growth.

The cryptocurrency market experienced mixed results. Bitcoin briefly approached $93,000 before falling back below $91,000. Analysts see $90k levels as key supply wall zones, while major support remains in the $82k-$80k area. Ethereum rose but encountered resistance around $3,000, struggling to maintain upward momentum despite a recent dip and a weekly gain. XRP also faced resistance at $2.25, trading around $2.18 after a slight dip. Bitcoin ecosystem tokens such as BounceBit and Stacks did see gains earlier in the day, though analysts believe this may be a short-lived 'dead cat bounce'. Zcash, Dash and Aptos led the top losers in the leading 100 coins by market cap.

The crypto market is showing signs of a cautious uptrend, with the XWIN Trend Index reaching 72 out of 100. Bitcoin is holding steady near $91,000, supported by accumulation from large holders and spot market demand. Despite this, fear remains in the market, and liquidity is thin, making prices susceptible to sharp swings. Bitcoin has been consolidating between $86,500 and $99,500, staying above key cost basis levels. Large holders of Bitcoin, those with over 10,000 BTC, are accumulating again, and corporations are increasingly holding Bitcoin as a core asset. Recent data shows outflows of Bitcoin from exchanges and a significant decrease in futures open interest, indicating less leveraged trading. A large number of Bitcoin options contracts, worth $13 billion, are set to expire on November 28, which could cause volatility. Altcoins are lagging behind Bitcoin's performance, but analysts believe capital is building in stablecoins for a potential altcoin rally. Ethereum is showing positive signs with its price above $3,000, network upgrades, and new projects launching.

Wingtech Technology is appealing a Dutch court ruling that took away its control of chipmaker Nexperia. The appeal challenges the court's decision to transfer Wingtech's Nexperia shares to a trustee and remove Wingtech's founder, Zhang Xuezheng, as Nexperia's CEO. Wingtech argues the court process was unfair and influenced by the Dutch government's attempts to gain special control over Nexperia. The Dutch government denies interfering in the court's proceedings. This legal battle follows a dispute where the Dutch government tried to block Wingtech's decisions at Nexperia due to concerns about technology transfer, leading to export restrictions from China that impacted the global auto industry, forcing companies like Honda and Volkswagen to slow production. While a temporary agreement eased some supply issues, the ownership and control dispute remains unresolved.

Ripple's stablecoin, RLUSD, has been approved by Abu Dhabi's financial regulator, potentially increasing demand for XRP as RLUSD's usage grows. RLUSD is recognized as one of the fastest-growing stablecoins. A report highlighted Ripple's role in improving cross-border payments, suggesting integration into traditional finance and further increasing XRP's value as a bridge currency. XRP reserves on Binance are decreasing significantly, possibly due to institutional demand through new U.S. XRP ETFs. Since October, Binance's XRP holdings have dropped, indicating increased buying pressure and a more structured market phase due to expanding institutional interest. At the time of writing, the XRP price is trading at around $2.21.

Cathie Wood of ARK Invest maintains her prediction that Bitcoin could reach $1.5 million by 2030, viewing the recent market downturn as a temporary pause. She anticipates that the end of the Federal Reserve's quantitative tightening program on December 1st will increase liquidity, benefiting both Bitcoin and AI-related stocks. ARK analysts note that stablecoins and gold are currently attracting some investment that previously favored Bitcoin. Other investors like Tom Lee and Chamath Palihapitiya have also made bullish long-term price predictions for Bitcoin, with targets ranging from $250,000 to $1,000,000.

The US job market is showing signs of weakness with rising layoffs reaching levels not seen since 2003. This is increasing pressure on the Federal Reserve to cut interest rates, possibly as early as December. Because the crypto market has low trading volume, any changes from the Federal Reserve, such as cutting interest rates, could cause bigger price swings for Bitcoin and Ethereum compared to stocks. If the Federal Reserve cuts rates, crypto prices could increase, but if the Federal Reserve doesn't cut rates, prices might fall. The job market report coming out in December will be key to understanding how the economy is doing and how crypto prices might move in January. Investors are watching how the Federal Reserve responds to the job market and how much money is flowing into or out of crypto investment products.

XRP's available supply on exchanges, particularly Binance, is decreasing significantly. Binance's XRP reserves have dropped by approximately 300 million tokens since early October, reaching a low of about 2.7 billion. This decline coincides with the launch of several XRP spot ETFs in the U.S. by companies like Canary Capital, Franklin Templeton, Bitwise, and Grayscale, which has expanded institutional access to XRP. While XRP's network activity and price remain stable between $2.15 and $2.30, the reduction in available supply on exchanges, combined with new ETF options, suggests that XRP's price is getting support from limited supply.

Worldcoin's price sentiment is uncertain, experiencing short-term gains but facing a 30% monthly decline. Hedera's price significantly dropped, raising concerns despite its strong technology and partnerships. This market behavior has investors looking at new opportunities like Milk and Mocha, a token combining community appeal, utility, and structured tokenomics. Milk and Mocha's presale features a staged pricing system with token burning, aiming to create scarcity. The project also integrates staking, gaming, NFTs, and merchandise, using its token for transactions. The focus is shifting towards projects actively building during the market downturn, with Milk and Mocha gathering users early. Worldcoin's price is below major moving averages, signaling caution due to regulatory pressures and data privacy concerns. Hedera's recovery hinges on reclaiming resistance levels around $0.175.

Eurotrader analysis indicates a shift in investment strategy among institutional investors in the digital asset market. These large traders, who often influence price trends and market stability, are moving away from Bitcoin and Ethereum.

XRP's price prediction is turning bullish. XRP reserves on Binance have fallen to a multi-year low of around 2.7 billion as investors are withdrawing XRP to hold long term. The market setup suggests a potential breakout above $3. XRP is outperforming the market, with a 17.5% weekly surge, even outpacing Bitcoin. This activity is largely due to the launch of the first U.S. spot XRP ETFs and Ripple's dollar-backed stablecoin RLUSD receiving approval in Abu Dhabi. Technically, XRP has broken out of a multi-year descending wedge and is consolidating above the $2.00 resistance. Analysts expect a revisit of the $3.8-$4.0 resistance and a potential breakout could lead to further highs.

Bitmine Immersion, an Ethereum treasury firm, acquired an additional 20,532 ETH worth $63.32 million from BitGo. This purchase caused Bitmine (BMNR) stock to increase by nearly 9% to $34.29, contributing to a weekly rally of over 32%. The company's Ethereum holdings now account for 3% of the total Ethereum supply, with total ETH holdings valued at $11.3 billion. Analysts suggest the stock price could potentially reach $53.63 by mid-December. Ethereum's price is currently around $3,042, showing a 0.5% increase in the last 24 hours and 15% over the past week, amidst ongoing trading activity and predictions of further price increases.

Ethereum's Layer-2 networks are now handling the majority of transactions in its ecosystem, surpassing the base layer itself and driving growth. Total value locked (TVL) in these Layer-2 solutions has increased by 36.7% year-over-year, reaching $43.3 billion. An upcoming upgrade, scheduled for December 3, 2025, aims to further improve the efficiency and scalability of these Layer-2 networks, potentially reducing data fees by 40-60%. The price of ETH has rebounded above $3,000 but faces a technical challenge as key moving averages are nearing a bearish crossover. Market sentiment remains fearful despite the recent recovery, with a potential move towards $3,150 validating a reversal, however the price could drop to $3,350 if the bearish crossover validates.

Adani Group is investing $5 billion into a data center complex in Visakhapatnam, India, to support Google's new AI hub. This project, executed through AdaniConneX Pvt., aims to create India's largest AI data campus. This investment is part of a larger trend, with Reliance Industries committing $11 billion and Tata Consultancy Services securing $1 billion for similar data center projects in the same area. Amazon plans to invest $12.7 billion in Indian cloud infrastructure by 2030, and OpenAI is looking for space to build a 1-gigawatt data center. The Andhra Pradesh government is offering incentives like subsidized land and power to attract more tech companies, aiming to reach 6 gigawatts of data center capacity by 2029. The goal is to provide AI infrastructure for Google, entrepreneurs, and businesses across India.

Bitcoin proponent Max Keiser has made a prediction that Zcash (ZEC) will fall to $55. This forecast comes as Zcash is already experiencing a price decline.

The cryptocurrency HBAR experienced a 2.5% increase in value. This rise occurred within the context of a general upturn in the cryptocurrency market following the Thanksgiving holiday.

KuCoin EU Exchange has been granted a Markets in Crypto-Assets Regulation (MiCAR) license in Austria, allowing it to offer compliant digital asset services across 29 countries in the European Economic Area (EEA), excluding Malta. This MiCAR license signifies that KuCoin meets high regulatory standards for investor protection and market stability. KuCoin EU will soon launch a new platform for European users, and new registrations will no longer be supported through KuCoin Global. The company highlights this as a step towards a more regulated and transparent global crypto ecosystem. Bybit, another major crypto exchange, also previously secured a MiCAR license in Austria.

JPMorgan now anticipates the Federal Reserve will decrease interest rates by 0.25% at their December 10 meeting. This forecast marks a reversal from their previous expectation of a January cut. The change comes as several Fed officials are expressing greater openness to easing monetary policy sooner, particularly in light of softening labor market data. Market expectations for a December rate cut have fluctuated significantly, initially rising to nearly 100% in late October, then falling to 30% in early November due to delayed economic data, before surging again as policymakers hinted at more urgency. Historically, December tends to be a strong month for the stock market. The S&P 500 typically rises in December, and the Dow Jones Industrial Average experiences its best average monthly return. A December rate cut could potentially amplify this seasonal effect, leading to a more significant year-end market rally.

The cryptocurrency market is seeing new presales emerge, with LivLive ($LIVE) gaining significant attention. LivLive is an AR crypto app that rewards users with tokens for daily activities like walking and shopping. The project has raised over $2.1 million in its presale, with a current token price of $0.02 and a future launch price of $0.25. A limited-time Black Friday bonus code, BLACK300, offers 300% extra tokens. Other cryptocurrencies like Digitap ($TAP) and Maxi Doge ($MAXI) are also showing price movement. Digitap ($TAP) has raised $2.17 million and is priced at 0.0326 USDT, set to increase to 0.0334 USDT soon. Maxi Doge ($MAXI) is available at $0.00027 per token, appealing to meme coin enthusiasts. LivLive, however, is positioned as a stronger long-term investment due to its real-world utility and AR integration.

Bitcoin is showing signs of a potential recovery, targeting a price range between $92,800 and $101,180. Overcoming this resistance zone is crucial for further upward movement, especially surpassing the 55-week exponential moving average around $98,000. Another key level to watch is the 200-day simple moving average, currently near $110,000, which Bitcoin might retest if the recovery strengthens. Currently, Bitcoin is consolidating around $90,500, which acts as immediate support. A drop below $88,269 would suggest a possible local top. The market is expected to be relatively quiet due to the U.S. holiday, but the next couple of weeks will be important in determining Bitcoin's direction, with resistance levels and moving averages playing key roles. Support levels are at $90,500 and $88,269, while resistance lies between $92,800 and $101,180.

Starting in January, the UK government will increase its efforts to prevent tax avoidance related to crypto assets. This initiative signals a stricter regulatory environment for cryptocurrency holdings and transactions within the UK, likely requiring individuals and businesses to accurately report their crypto-related income and capital gains to avoid penalties. The increased scrutiny aims to ensure that crypto investors pay the appropriate taxes on their profits, bringing crypto taxation in line with traditional asset classes.

XRP has decreased by 18% this month and is currently trading around $2.19, testing a critical support level of $2.00. Daily trading volume for XRP is $3.89 billion. Analysts suggest that holding above this support could lead to potential gains, targeting $2.60 initially, with a higher target near $8.00. Mono Protocol, a project in its Stage 18 presale, is gaining traction and has raised $3.57 million out of a $3.60 million cap at a coin price of $0.0525. Mono Protocol aims to simplify cross-chain transactions, offering swaps, transfers, and contract calls without bridges or network switching. The project features a Rewards Hub to increase user engagement during the presale, with a projected launch price of $0.500.

KuCoin has secured a Markets in Crypto-Assets (MiCA) license in Austria, allowing the cryptocurrency exchange to offer regulated services across all 27 EU member states. This license enables KuCoin to utilize the EU's passporting system, expanding its services throughout the European Economic Area (EEA). The exchange has chosen Vienna as its European base of operations. This development follows KuCoin's registration with the Australian Securities and Investments Commission (ASIC) and AUSTRAC, allowing it to legally operate in Australia. While KuCoin claims to serve over 40 million users globally, the MiCA license specifically applies to services within the EEA, supervised by Austrian regulations. Other major exchanges are also seeking licenses in strategic jurisdictions in anticipation of MiCA's full implementation by the end of 2024.

Following the launch of XRP Spot ETFs, a crypto expert, Pumpius, has highlighted an interesting dynamic unfolding behind the scenes. ETF fund managers are required to purchase XRP on the open market and cannot directly buy from Ripple or its escrow. Ripple is expected to release XRP from its escrow in a measured way to avoid market disruption and taxable events while meeting ETF demand. This controlled supply could potentially lead to a supply shock and substantial price movement for XRP in the future. Several firms, including Franklin Templeton, Bitwise, and Grayscale, have already launched their XRP ETFs, attracting significant inflows. BlackRock, however, is waiting for clearer regulatory signals and stronger customer demand beyond Bitcoin and Ethereum before considering an XRP ETF.

Bitcoin's price is currently around $91,580, rebounding from a dip to roughly $90,720. Technical analysis indicates that if Bitcoin holds above its ascending trendline, it could potentially reach $98,000-$102,000. This positive outlook is supported by institutional buying activity, with major exchanges seeing significant Bitcoin inflows. A weekly close above $92,000 is being watched as a confirmation of short-term bullish momentum. However, a break below $90,700 could lead to further declines toward $88,000-$89,000. Traders are also monitoring volume levels and macro factors, such as Federal Reserve decisions, which could impact Bitcoin's price.

Despite the recent launch of XRP ETFs and the resulting increased interest in XRP, the likelihood of XRP reaching $100 by the end of the year is very low. Reaching that price would require a market capitalization of $6 trillion, which is more than 40 times its current level and more than twice the entire current crypto market capitalization of $3 trillion. While XRP ETFs offer improved access for investors, they are not expected to generate the massive inflows needed for such a price surge in the short term. While a $100 price is unrealistic for the near future, long-term potential for XRP still exists, and a more realistic target, like $5, could be possible if the wider crypto market improves.

ZCash experienced a price surge of approximately 1500% in November due to increased interest in privacy features, but has since cooled off with mixed signals regarding its future direction and reduced trading volume. Solana's price is attempting to recover after a recent drop, showing a 14% rebound to around $140, but remains down 30% over the past month. Its network usage remains strong but total locked value and network fees have decreased. Zero Knowledge Proof (ZKP) has launched its presale auction, allowing users to influence pricing through contributions in ETH, USDC, or ZUSD with a $50,000 daily wallet limit. 200 million ZKP coins are available daily through the auction. Proof Pods are ready for immediate dispatch, and the ZKP project is self-funded with $100M, aiming to establish trust and fairness through its transparent auction system.

Turkmenistan will legalize cryptocurrency in 2026 under strict state control. New legislation requires crypto exchanges and mining operations to be licensed and registered. Credit institutions are barred from providing crypto services and the central bank has broad authority over digital asset activities. Cryptocurrencies will not be recognized as legal tender. This move aligns with a global trend of increased digital asset regulation, including recent actions in Vanuatu, Pakistan, Poland, and the UK.

Bitcoin is currently trading around $91,000, showing a small increase over the last day and almost a 10% rise in the past week. It's stuck between $84,570 and $112,340, which are seen as key support and resistance levels respectively, where large volumes of Bitcoin have been traded previously. A smaller resistance level exists around $104,765. The price is having difficulty breaking above the $91,800 area. If Bitcoin loses support at $90,000, it could fall towards $87,800, which might then act as new support. Rising global liquidity might help Bitcoin's price go up.

Arthur Hayes, the creator of BitMEX, notes that traditional finance is rapidly adopting perpetual futures (perps), a type of derivative contract popularized by crypto exchanges. Exchanges like SGX in Singapore and CBOE in the U.S. are planning to launch perp-style contracts by the end of 2025, while Coinbase already offers a version for retail investors in the U.S. Hayes argues that this shift to perps, which have no expiration date, represents a major change in the derivatives market, moving away from traditional futures and options. He highlights that the original goal of BitMEX perps was to create a single, constantly tradable product with deep liquidity. Currently, equity perps are already trading over $100 million per day through platforms like Hyperliquid, and Hayes predicts that this volume will increase significantly, with all major crypto exchanges offering them next year. He also points out that perps meet the retail demand for leverage and liquidity, offering clean price exposure with extreme leverage, and that high leverage with socialized losses common in crypto differs from traditional finance's reliance on clearinghouses.

The article discusses the potential future value of XRP, a cryptocurrency, if major banks begin using it for international money transfers. Ripple, the company behind XRP, is developing its technology and expanding globally, leading some to speculate about XRP's role in global payments. The article considers the possible financial implications for those holding XRP if it achieves widespread adoption by banks.

The Cardano ecosystem is considering a budget proposal to fund key integrations aimed at fostering network expansion. This funding is intended to support developments that will help the Cardano network grow and become more widely used. The specific amount of the proposed budget and the exact details of the integrations being targeted were not specified in this article.

According to an expert, the introduction of Exchange Traded Funds (ETFs) alone is unlikely to cause XRP's price to reach $10 or $100. The article suggests that while ETFs can increase accessibility and investment in XRP, other factors are critical for such a substantial price increase. These factors could include broader market adoption, regulatory clarity, and successful real-world applications of XRP technology. The expert indicates that simply having ETFs available will not automatically translate into the massive valuation increases some investors might hope for, and a combination of factors is needed.

The International Monetary Fund (IMF) is cautioning about the rapid growth of tokenized markets, where assets are represented as digital tokens. While tokenization can make financial transactions faster and cheaper, the IMF warns that it also creates new risks of volatility and potential flash crashes similar to the one in 2010 that erased nearly $1 trillion. These crashes could be triggered by automated smart contracts reacting quickly to market stress. The IMF also highlights the risk of fragmentation if different tokenized platforms can't communicate with each other, reducing overall efficiency. Because governments have historically stepped in during major financial shifts, the IMF suggests they may take a more active role in regulating tokenized assets. Regulators worldwide, including in the EU, Singapore, the UK, and the US, are already working to clarify the rules for tokenized assets, focusing on investor protection and security. This push for clear rules is expected to encourage institutions to adopt tokenization and link it to traditional finance. Some governments are even experimenting with tokenized government bonds. Experts predict that all financial assets could be tokenized within the next five years.

PharmaTrace has received 300,000 HBAR in funding from the Thrive Hedera program to develop a new kind of secure network for tracking pharmaceutical supply chains. This funding will help PharmaTrace move from a private system to a more open one built on the Hedera network. The goal is to allow for easier sharing of information while keeping sensitive data private. Hedera's technology will be used to record and verify events in the supply chain, allowing regulators and authorized parties to check the information independently. PharmaTrace plans to introduce a utility token for use within its network, related to things like accuracy of reporting and access to the platform. The company also intends to contribute to the Hedera ecosystem by providing development resources and documentation for regulated supply chains.

Ethereum is planning to increase its capacity to handle transactions, aiming for a fivefold increase in its "gas limit" by 2026. This increase would allow more transactions to be processed at once, potentially leading to lower fees. The network is also preparing for an upgrade called Fusaka in December, which should further improve efficiency and reduce costs. These efforts are driven by the competition from other blockchains like Solana, which currently offers much lower transaction fees. Ethereum's goal is to make its network more affordable and faster while maintaining its security and decentralization. Currently, average Ethereum transaction fees are around $0.31, a significant decrease from previous years but still higher than Solana's approximately $0.0022. The planned upgrades are intended to close this gap and make Ethereum more competitive for everyday users and applications.

The DeFi protocol Balancer plans to refund approximately $8 million to users who lost funds in a recent exploit. Earlier in November, Balancer V2 Composable Stable Pools were targeted by hackers, resulting in the theft of about $128.6 million. The proposed refund represents a portion of the stolen assets that Balancer has managed to recover and will be distributed to affected liquidity providers.

Baidu is accelerating its development and production of AI chips to meet growing demand in China, driven by U.S. export restrictions on advanced Nvidia GPUs. Baidu's chip division, Kunlunxin, has a five-year roadmap with new chips planned for 2026 and 2027, and has already secured orders from major telecom operators like China Mobile. Analysts predict Baidu's chip revenue could grow significantly, potentially reaching $1.1 billion by 2026, with Kunlunxin's valuation estimated near $28 billion. Other Chinese tech companies, including Alibaba and Tencent, are experiencing AI chip shortages, creating further opportunity for Baidu to expand its market share. Demand for AI processing power in China is outpacing supply, prompting companies to seek domestic solutions, with Baidu positioned as a key player in filling this gap.

The price of XRP is showing a concerning technical pattern called a 'death cross,' which occurs when a short-term moving average crosses below a long-term moving average, often signaling potential further price declines. Simultaneously, there's evidence of large XRP holders, known as whales, selling off significant amounts of their holdings. This combination of a negative technical indicator and substantial selling pressure suggests a bearish outlook for XRP's price.

Peter Brandt, a well-known analyst, has revised his Bitcoin price target. He now anticipates Bitcoin potentially reaching $200,000 by 2028, pushing back his previous prediction by four years. Despite this adjustment, Brandt maintains a positive long-term outlook on Bitcoin's future value.

TRON and Solana are showing signs of slowing down, while BlockchainFX (BFX), a cryptocurrency priced under $1, is gaining momentum. BlockchainFX has obtained a trading license from the Anjouan Offshore Finance Authority. To celebrate this milestone, they are offering a Black Friday bonus (BF70) that gives investors 70% more tokens during the presale. BlockchainFX aims to integrate crypto, stocks, forex, ETFs, and commodities into one platform. They have raised $11.43 million with over 18,400 participants joining the presale. Priced at $0.030, analysts predict BFX could reach $1 post-launch. The platform is verified, audited, KYC-compliant, and provides daily rewards in BFX and USDT. The Black Friday bonus allows buyers to get 70% more tokens, increasing their potential stake. Speculative demand for TRON has weakened, and capital is moving towards lower-cap assets like BFX. Solana is in a consolidation phase. BlockchainFX offers compliance, transparency, utility, and strong demand, unlike TRON and Solana.

Bitcoin's price prediction is turning bullish as $160 billion has reentered the crypto market, with Bitcoin accounting for 62% of those inflows. The market is recovering after a significant drop that erased roughly $970 billion from the total crypto market cap. There are signs of an accumulation phase forming, indicating that investors are starting to buy Bitcoin again. Short sellers, who bet against Bitcoin, are getting squeezed, and Bitcoin has begun reclaiming levels that previously acted as resistance. If Bitcoin can break through major supply clusters, a move toward $100,000 becomes more likely.

The crypto market is seeing activity in Zero Knowledge Proof (ZKP), Ethereum, and Dogecoin. ZKP's presale auction is live, distributing 200 million ZKP coins daily to participants who contribute various cryptocurrencies. Users can also earn ZKP rewards through Proof Pods, physical devices that validate AI compute tasks. Each Proof Pod starts at Level 1, earning approximately one dollar per day, and can be upgraded to Level 300 to earn up to three hundred dollars worth of ZKP daily. Ethereum is attempting to break through the $3,000 resistance level, with traders expecting a potential run toward $3,150 if it succeeds. Failure to break $3,000 could lead to a fall back toward $2,880. Dogecoin has a new Grayscale GDOG ETF, which is the first United States spot Dogecoin ETF, which adds a new entry path for institutional participants who previously had limited access to DOGE. A move above $0.154 could open the way toward $0.17 or even $0.18.

XRP's price is currently stable near a historically significant support level, leading analysts to believe it could transition from its current trading range into a long-term uptrend. The analysis focuses on a 2-week XRP chart from 2014 to 2025. The current price structure is within a long-term demand zone where buyers have historically stepped in. Nearly 20 XRP-related ETF applications are under review, second only to Bitcoin and Solana. A spot XRP ETF could attract over $1 billion in assets relatively quickly. Over 430 million XRP have recently moved off centralized exchanges. Key technical levels to watch are $1.80 as long-term support and $2.30-$2.40 as near-term resistance. A break above this resistance could lead to a move towards $2.95-$3.10. The potential $7 target depends on resolving the SEC lawsuit, growth in crypto liquidity, capital rotation from Bitcoin into altcoins, expansion of real-world asset tokenization on the XRP Ledger, and regulatory clarity in major markets. XRP is currently at a long-term inflection zone, with potential bullish and bearish scenarios depending on whether it can reclaim the $3 region or if demand fails.

Cardano (ADA) is showing signs of recovery after a price drop, climbing back above $0.42. Despite a rough November where open interest hit a low of $580 million, analysts note ADA has been holding the $0.40 support level. One analyst, MMB Trader, believes that if the market turns bullish, ADA could rally towards $0.819, representing an approximate 88% increase. Another analyst, Eilert, points to a Wyckoff Spring pattern as a potential accumulation signal, similar to a previous pattern that led to a significant price surge. Charles Hoskinson has stated that Cardano aims to be the most reliable distributed system by 2026. The article also mentions Bitcoin Hyper, a fast Bitcoin Layer 2 solution, noting its presale has raised over $28.6 million and offers a 40% APY staking reward.

XRP holdings on the Binance exchange have decreased by about 300 million tokens since October 6, reaching approximately 2.7 billion tokens by November 24. This decline coincides with the launch of the first XRP spot ETFs in the U.S., potentially indicating increased institutional interest. The decrease in XRP on Binance has been gradual and consistent, suggesting a shift towards investors moving their XRP to personal wallets for longer-term storage. This reduction in readily available XRP, combined with new institutional access through ETFs, could lead to a more significant impact on XRP's price and market dynamics as any increase in demand could affect market depth and order books. At press time, XRP traded at $2.24.

The newly launched Grayscale Dogecoin ETF (GDOG) experienced a significant drop in initial investor interest. After a first day of trading that brought in approximately $1.8 million, inflows plummeted by about 80% on the second day, totaling only $365,420. This brought the cumulative net inflows to roughly $2.16 million. Trading volume also decreased sharply, falling from $1.41 million on day one to $397,620 on day two, a decrease of about 78%. While GDOG's launch was a milestone for Dogecoin, the weak inflows raise questions about institutional demand for meme coins. Bitwise also launched its Dogecoin ETF, but early inflow data is not yet available.

Solana ETFs experienced their first day of net outflows after a 21-day period of consistent inflows. The total net outflow was $8.1 million, primarily driven by withdrawals from the 21Shares Solana ETF (TSOL), which saw $34 million leave the fund. Despite this, other Solana ETFs continued to attract investments, with the Bitwise Solana Staking ETF leading the way with $13.33 million in inflows. Funds linked to Grayscale and Fidelity also contributed positive inflows, partially offsetting the impact of TSOL's outflows. Overall, Solana ETFs still hold a significant amount of SOL, valued at approximately $964 million. Analysts are watching ETF inflows and overall market conditions to predict Solana's price movement, with some suggesting it could reach $500 by 2026 due to strong network activity and improving tokenomics.