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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

On December 4th, a panel at the Securities and Exchange Commission (SEC) will meet to discuss potential regulatory changes related to tokenized equities. Tokenized equities are traditional stocks represented on a blockchain. The discussion will likely cover how current securities laws apply to these new digital assets and whether any adjustments are needed to protect investors and ensure fair markets.

This week, AAVE's price has fallen, raising concerns about the overall health of the decentralized finance market. Simultaneously, large investors are buying more Ethena (ENA) after recent price drops, suggesting they believe the project has potential. However, much attention is focused on the upcoming launch of Zero Knowledge Proof (ZKP), a project with a fully developed system funded by $100 million. ZKP includes a hardware network and a transparent auction system for its tokens, where buyers collectively determine the price. The presale will release 200 million tokens daily, with a $50,000 daily limit per wallet to prevent large investors from dominating. The ZKP system also includes Proof Pods, which cost $249 each and can earn between $1 and $300 per day by validating tasks. These are ready to ship worldwide and can be upgraded using ZKP tokens.

An analyst, Egrag Crypto, believes XRP is showing signs of a potential price surge. This is based on a technical signal involving the 50-day and 200-day Exponential Moving Averages (EMAs) on XRP's 3-day chart. While some interpret the narrowing distance between these EMAs as bearish, the analyst argues that XRP's price staying above the 200 EMA indicates underlying strength, unlike the bearish setup seen in 2018. The current pattern resembles setups before past bull runs in 2017 and early 2021, where similar EMA tightening and compression phases preceded explosive price increases. The analyst suggests XRP may be in a late-cycle consolidation phase, poised for a final upward movement.

Dogecoin is currently trading around $0.15 after struggling to regain momentum following a drop below $0.16. A technical analysis indicates that Dogecoin has formed four consecutive 'inside-year candles' on its yearly chart, suggesting a period of consolidation. This pattern implies that Dogecoin's price has been fluctuating within a tight range, bounded by resistance around $0.30 to $0.35 and support around $0.05 to $0.15 since its 2021 surge. If Dogecoin breaks out of this consolidation pattern to the upside, it could signal a continuation of its long-term upward trend, potentially reaching a price target of at least $0.95 in the coming years. This would represent a potential gain of approximately 530% from its current level.

Hedge funds have placed massive bets against the US dollar, a situation that historically precedes a dollar rebound. Analysts warn this crowded trade makes the dollar vulnerable to even small shifts in market sentiment. Treasury markets are already pricing in future Federal Reserve cuts, growth is slowing, and dollar funding is tightening, increasing the likelihood of a dollar reversal. A stronger dollar typically negatively impacts crypto assets like Bitcoin and Ethereum, due to their inverse relationship. The US Dollar Index has recently shown technical signs of a potential breakout, further supporting a possible dollar resurgence. If hedge funds unwind their short positions, a sharp dollar rebound could put downward pressure on crypto markets.

Japan's financial regulator, the FSA, is planning to introduce a law that will require crypto exchanges to hold reserve funds. These funds would be used to compensate customers if the exchange is hacked or experiences operational issues that lead to financial losses for users. The proposed law is expected to be presented to the Japanese parliament in 2026.

VanEck has removed staking from its proposed BNB ETF, meaning the ETF will only track the price of BNB and not offer any additional yield from staking rewards. This decision is due to regulatory concerns, as the SEC could potentially classify BNB as a security. If BNB is deemed a security, the ETF might be forced to dissolve. This differs from VanEck's Solana ETF, which does include staking. Investors in the BNB ETF will have price-only exposure and won't benefit from potential staking income, and there's no guarantee staking will be added in the future. The ETF's structure includes a disclaimer about regulatory risks and the possibility of an unwind if BNB's legal status changes.

MoonPay, a company that provides payment infrastructure for crypto, has obtained a Trust Charter from the New York Department of Financial Services. This license allows MoonPay to expand its services for institutional clients in New York, offering them regulated access to crypto assets. This means that larger financial firms in New York can now more easily and safely buy, sell, and manage cryptocurrencies through MoonPay's platform, operating under the supervision of New York regulators.

Japan's Financial Services Agency (FSA) is preparing new regulations that will require crypto exchanges to hold liability reserves. These reserves are designed to compensate users for losses caused by hacks, fraud, or system failures on the exchanges. This move follows several international exchange hacks and aims to protect the approximately 12 million registered crypto users in Japan. The FSA is also reviewing rules to allow banks to hold crypto assets, indicating a cautious but not prohibitive approach to cryptocurrency. Furthermore, Japan is developing its stablecoin ecosystem, with the first yen-pegged stablecoin already launched and major banks planning to issue their own yen-backed tokens.

Klarna has launched KlarnaUSD, a stablecoin pegged to the US dollar, to reduce costs associated with cross-border payments. The stablecoin operates on Stripe's blockchain, aiming to provide faster and cheaper transactions for Klarna's 114 million customers. By using KlarnaUSD, merchants, like a small clothing brand in Germany selling to the US, can potentially save on currency conversion and card fees. This move aligns with the growing trend of stablecoin adoption, where stablecoins now represent over 70% of crypto trading volume, offering a bridge between traditional finance and blockchain technology.

CoinMarketCap, a major website that tracks cryptocurrencies, has created a new category for digital currencies that say they follow the ISO 20022 standard. This standard is used for financial messages around the world. XRP and Cardano are the first cryptocurrencies to be included in this new category on CoinMarketCap.

Alibaba's cloud business saw a 34% revenue increase in the last quarter, driven by demand for its Qwen AI platform, boosting overall revenue by 5% to 247.8 billion yuan ($35 billion). However, the company's profit declined to 20.99 billion yuan due to investments in AI, data centers, and consumer discounts. E-commerce sales in China rose 16%, helping to stabilize overall numbers, although marketing expenses doubled. CEO Eddie Wu dismissed concerns about an AI bubble and confirmed continued investment in AI infrastructure and models, including developing its own semiconductors. Alibaba's Qwen mobile app gained 10 million users in four days, marking a rapid AI rollout in China, while competing with other domestic chatbots. Despite US chip restrictions, Alibaba aims to meet growing demand for its cloud services and sees signs of a rebound in local spending. Investors are closely watching how Alibaba balances cost management with growth in both cloud and consumer tech.

The blockchain gaming market is currently valued at $13.97 billion in 2025 and is projected to reach $259 billion by 2032, experiencing a growth rate exceeding 50% annually. Mobile games dominate the market, holding over half the share due to advancements in mobile technology and easier cryptocurrency wallet installation. The Asia-Pacific region currently leads with 42% of the market, driven by government support in countries like South Korea, Japan, and China, while North America is expected to have the fastest growth due to strong intellectual property laws and investor interest. Artificial intelligence is being used in blockchain gaming to combat fraud, personalize gameplay, and improve game development efficiency. Key players in the blockchain gaming space include Sky Mavis, Immutable, Gala Games, and Yuga Labs, among others who are contributing to this expansion.

XRP is showing signs of recovery, with a 1.5% gain over the last week, indicating upward momentum. However, XRP faces resistance at a specific level identified by the Ichimoku Cloud indicator on its daily chart.

Naver Financial, a South Korean company, is launching a stablecoin wallet in Busan to digitize the city's local currency, Dongbaek-jeon, which is currently used by 1.5 million people monthly. This project, developed with Hashed and BDAN, allows residents to convert regular money into a stablecoin version of Dongbaek-jeon. BNK Busan Bank, which issues Dongbaek-jeon, is considering moving to a fully stablecoin-backed system to modernize payments. Naver plans to integrate the wallet into its existing Naver Pay Wallet, but full operation depends on new South Korean rules for local stablecoins. In related news, Naver is reportedly in talks to merge with Dunamu, the operator of South Korea's largest crypto exchange, Upbit, through a stock-swap deal. Also, South Korean investors invested $1.24 billion into US tech and crypto-related assets, including leveraged ETFs and stocks like Direxion Daily Tesla Bull 2X ETF and Iris Energy, during a recent holiday.

Bitcoin's price has fallen below its opening price for the year, erasing all previous gains. After a significant drop, Bitcoin is now stable above $87,000.

Paxos, a company known for its stablecoins and crypto infrastructure, has acquired Fordefi, a crypto wallet startup. This acquisition is aimed at expanding Paxos' custody services, meaning they will now offer more ways for institutions to securely store and manage their digital assets. By integrating Fordefi's technology, Paxos intends to enhance its existing offerings and attract more institutional clients who require secure and advanced wallet solutions for their crypto holdings.

The first Dogecoin ETF, called $GDOG, launched with $1.4 million in trading volume on its first day. While this is a decent amount for a typical ETF launch, it was considered lower than expected for a first-of-its-kind Dogecoin product. Analysts are debating whether memecoins should be offered as ETFs. More crypto ETFs are expected to launch soon, including those for Dogecoin and Chainlink. Over 130 crypto-related ETF filings are in the pipeline for the U.S. market in the coming months. Some smaller cryptocurrencies may face delays in getting ETF approval until a futures market is available for them.

Pump.fun, a crypto platform, is facing allegations that it cashed out $436 million in stablecoins. Lookonchain, a blockchain analytics firm, reported that Pump.fun moved $436.5 million USDC to Kraken since October 15. A co-founder of Pump.fun, known as Sapijiju, has denied these claims, stating that the USDC transfers were for treasury management purposes and not for selling the funds. Sapijiju clarified that the USDC came from the platform's initial coin offering (ICO) for its PUMP token and was being moved between company-controlled wallets. Lookonchain also reported that Pump.fun sold 4.19 million Solana tokens worth $757 million between May 2024 and August 2025. Data indicates that Pump.fun related wallets still hold over $855 million in stablecoins and an additional $211 million in Solana. Pump.fun's revenue has recently declined, falling below $40 million monthly for the first time since July, reaching $27.3 million in November.

Ant Group, the company behind Alipay, saw a 10% profit increase in the quarter ending June 30, contributing 2.7 billion yuan ($381 million) to Alibaba's profits. This news comes as Ant Group focuses on artificial intelligence, robotics, and international expansion to recover from a previous regulatory crackdown. Jack Ma, who co-founded Ant but no longer has a role, made a rare public appearance at the company's anniversary. Ant International, based in Singapore, generated $3 billion in revenue this year and is preparing for a potential IPO, concentrating on treasury services and cash flow management tools like an AI assistant that quickly gained 1 million users. They are also developing hardware like humanoid robots for healthcare. Their international unit is offering a system that helps companies manage money across countries, predicting cash needs and using blockchain to reduce payment fees, already used by three airlines. Ant is attempting to diversify away from Alipay to reduce the political pressure.

Bitcoin is currently trading near a long-term trendline that has acted as support since 2021. Some analysts believe that as long as Bitcoin stays above this line, the outlook remains positive, while others see resistance on the daily charts that could limit upward movement. Recent data indicates that selling pressure may be decreasing, potentially signaling a market bottom. There has been an increase in the number of wallets holding 100 or more Bitcoin, while smaller investors are selling off, which could be a positive sign for future price increases.

Shiba Inu (SHIB) is showing signs of a potential price increase after a period of decline. Market analyst TraderSZ indicates that SHIB is "breaking out," which suggests the cryptocurrency may be starting a longer-term upward trend.

The probability of the Federal Reserve cutting interest rates in December has significantly increased, reaching 85%. This surge in expectations is a direct result of the latest Producer Price Index (PPI) release, which likely indicated a cooling down of inflation. The market now anticipates a higher likelihood of the Fed easing monetary policy towards the end of the year.

Polkadot's price decreased by 4% due to selling pressure triggered by technical resistance levels. This means that the price of Polkadot encountered a level where traders anticipated a price decline, leading to a selloff.

The cryptocurrency Sui has experienced a 12% price increase. The article discusses whether this recent surge indicates the beginning of a larger upward trend in Sui's price.

XRP's price increased by about 5.43% but hasn't seen a major surge despite the launch of six new XRP ETFs from companies like Amplify, Bitwise, and Grayscale. Experts say that ETF inflows alone don't drive prices as much as buying and selling on exchanges like Binance and Coinbase. A portion of the ETF volume comes from investors transferring existing XRP holdings, rather than buying new coins, which does not create new buying pressure. Additionally, a broader crypto market correction, where Bitcoin dipped from nearly $80,000, impacted XRP's performance and overshadowed the ETF launches. The SEC delays due to the government shutdown also slowed down the altcoin ETF ecosystem.

A Solana developer has proposed a change that could reduce the amount of new SOL tokens created, potentially saving $3 billion. The proposal aims to speed up the process of Solana reaching its target inflation rate of 1.5% from over six years to just three. This would mean fewer new tokens entering the market, which could help the price. However, it also means staking rewards, currently around 5%, would decrease faster, potentially dropping to 2.4% within three years. This could negatively impact validators who rely on these rewards to operate, possibly leading to centralization of power. A Solana ETF recently saw a large inflow of $39.5 million, marking 20 straight days of inflows. Solana has support around $124-$127 and could move towards $160 if it breaks above $140 with sufficient volume. Meanwhile, Bitcoin Hyper, a Bitcoin Layer 2 solution using Solana tech, has raised $28.4 million in its presale and offers 73% APY staking rewards.

Some large XRP holders are reportedly selling their XRP to invest in Digitap ($TAP), a new cryptocurrency currently in presale. Digitap aims to modernize cross-border payments by using stablecoins, digital currencies pegged to traditional assets like the US dollar. The article claims Digitap's platform allows users to manage fiat currency, stablecoins, and other cryptocurrencies in one place, with a Visa-backed card for spending crypto. Digitap has raised over $2.1 million in its presale and positions itself as an 'omni-bank'. The $TAP token has a capped supply of 2 billion, and the platform plans to use half of its profits to buy back and burn tokens, rewarding stakers. The presale price for $TAP is $0.0326, with a listing price of $0.14.

The price of Solana (SOL) has dropped significantly since October, and on-chain data suggests that meme coin launchpad Pump.fun may be a contributing factor. Lookonchain reported that Pump.fun has sold a substantial amount of SOL, converting it into nearly $500 million in USDC since October 15 and depositing it into Kraken. Specifically, between May 19, 2024, and August 12, 2025, Pump.fun allegedly sold 4.19 million SOL worth $757 million. This selling pressure may be offsetting the positive impact of new Solana ETFs, which have seen net inflows of $568.24 million. As a result, SOL is down over 28% year-to-date. However, Pump.fun denies these claims, stating they haven't sold SOL recently and that the USDC transactions are part of their treasury management to reinvest in the business. Currently, Solana is trading around $138, showing a 4% increase in the last 24 hours.

Following the launch of the first Dogecoin ETFs, speculation has arisen about a potential Shiba Inu ETF. T Rowe Price, managing $1.7 trillion in assets, has already filed for an active crypto ETF that includes Shiba Inu, though it will also hold other cryptocurrencies. This filing could potentially lead to a launch sometime in January, based on SEC standards for crypto ETFs. Additionally, Grayscale, the largest crypto ETF manager, has listed Shiba Inu as a possible candidate for a future spot ETF. Adding to this, Coinbase plans to launch U.S. perpetual-style futures for Shiba Inu on December 12, which could further encourage the creation of a 100% spot Shiba Inu ETF. Currently, Shiba Inu is trading at approximately $0.000008272, showing a slight increase in the last day.

Franklin Templeton is expanding its crypto investment options by adding XRP, Solana, Dogecoin, Cardano, Stellar, and Chainlink to its Franklin Crypto Index ETF, effective December 1, 2025. This change is made possible by new SEC-approved rules allowing crypto funds to track a wider range of assets beyond just Bitcoin and Ethereum. The ETF will adjust its holdings quarterly to reflect market changes. Additionally, Franklin Templeton is now allowing authorized participants to create or redeem ETF shares using actual crypto assets instead of just cash. This update follows the launch of Franklin Templeton's spot XRP ETF, trading under the ticker XRPZ, with a 0.19% sponsor fee. The launch of the XRP ETF coincides with a surge in demand for regulated XRP exposure, with firms like Canary Capital, Grayscale, and Bitwise also launching XRP ETFs. XRP's price increased by over 7% on November 25, reaching an intraday high of $2.28.

A key executive predicts 2026 will be a significant year for privacy enhancements on the Ethereum blockchain. This suggests users may have more options to conduct transactions with greater anonymity and control over their data on the Ethereum network starting in 2026.

Upbit, a major cryptocurrency exchange in South Korea, is considering appealing a $25 million fine imposed by a South Korean regulator. The fine was issued by an unnamed regulator and the specific reasons for the fine were not detailed in the article, however it is significant enough that Upbit is weighing its options for recourse which may include a formal appeal. The outcome of this decision could impact Upbit's operations and reputation in the South Korean market, as well as potentially set a precedent for how regulators treat cryptocurrency exchanges in the country.

Ondo Finance has invested $25 million into YLDS, a stablecoin that generates yield and is issued by Figure Technology Solutions. This investment adds to Ondo's existing portfolio of assets from companies like BlackRock and Fidelity, signaling a growing interest in tokenized real-world assets. The article suggests that this trend could benefit other cryptocurrencies with practical applications, highlighting three potential investments. Best Wallet Token ($BEST) aims to improve crypto wallet usability and security, targeting a large share of the wallet market by 2026. SUBBD Token ($SUBBD) focuses on the content creation industry, using AI to help creators manage their content and monetize their work, with a focus on Web3 payments. XRP ($XRP) is presented as a tool for financial institutions to conduct fast and low-cost international transactions as the tokenized assets market grows.

The cryptocurrency Cardano (ADA) is positioned to potentially reach a new record high price. Analysts believe a critical price bottom has been established for ADA, suggesting a possible upward trend in its value. This indicates that the price of Cardano may increase and surpass its previous highest price point.

The U.S. Producer Price Index (PPI) for September increased by 0.3%, indicating a rise in wholesale inflation. Bitcoin may react positively to this news.

U.S. markets opened with a strong rally driven by gains in major technology stocks. Nvidia, Tesla, Alphabet, Meta, and Apple are leading the market's upward movement. This surge in Big Tech companies is the primary factor contributing to the positive start for U.S. markets.

Despite criticism suggesting Ether's decline, blockchain data indicates continued activity and usage. The data refutes claims of Ether's demise by showing ongoing transactions, active wallets, and smart contract interactions. This suggests a persistent and functioning ecosystem, even if the price has been unstable.

Taurus SA, a digital asset infrastructure provider for financial institutions, is now supporting the Canton Token Standard and has joined the Canton Network as a Super Validator. The Canton Network is a blockchain designed for regulated financial institutions, with Goldman Sachs as a member. As a Super Validator, Taurus will help validate operations on Canton. Over $6 trillion in tokenized assets have been issued or processed on Canton, including bonds, loans, and money market funds. Taurus has also integrated its custody platform Taurus-PROTECT and tokenization platform Taurus-CAPITAL with the Solana network, allowing institutions to build tokenized asset solutions on Solana.

Dave Portnoy, a well-known crypto trader, has announced that his $1 million investment in XRP has become profitable. This follows his purchase of XRP during a recent market dip, which he stated he couldn't resist taking advantage of.

The price of the Sui token (SUI) increased by 12% to over $1.50 following the announcement that R25 protocol launched its real-world asset (RWA) backed tokens on the Sui blockchain. R25 protocol introduced two tokens: rcUSD, an RWA-supported token, and rcUSDp, a yield-bearing token pegged to $1 USD. rcUSDp generates yield from a diversified portfolio of tokenized money market funds and compliant stablecoins. The integration of R25's tokens could boost Sui's DeFi ecosystem, including lending pools and automated market makers. If the bullish trend continues, the SUI price may target $1.70, with potential further targets at $2.00 and $2.22.

BlackRock moved 4,471 Bitcoin, worth about $390.8 million, to Coinbase Prime shortly before the release of the US Producer Price Index (PPI) report. This transfer occurred as BlackRock's Bitcoin ETF, IBIT, experienced its worst month of outflows, exceeding $2 billion. Arkham data indicates that the BlackRock wallet involved has decreased in value by over 30% in the past month, from a peak of $117 billion to $78.4 billion. Despite the significant outflows from IBIT, one ETF analyst suggests that the majority (97%) of investors are maintaining their positions. Other crypto news includes BitMine revealing 3.6 million ETH holdings, XRP price targeting $2.5 after ETF inflows, and struggles for a Litecoin ETF.

The Best Wallet Token ($BEST) presale is ending in three days, having already raised $17.4 million. Best Wallet is a non-custodial crypto wallet aiming for 40% of the wallet market by 2026. It emphasizes security, multi-chain functionality, and access to presales. The wallet integrates features like institutional-grade security, custom portfolios, and a DEX aggregator with 330 DEXs and 30 cross-chain bridges. $BEST token holders get benefits like reduced fees, higher staking APY, and early access to token launches. Projections suggest $BEST could reach $0.62 by 2026, representing a potential 2,285% ROI from the presale price of $0.025995. The token has an 8% allocation for staking rewards. The author advises readers to do their own research before investing.

The article discusses factors identified by a well-known cryptocurrency trader as contributing to the current weakness in the crypto market. Specific factors are not mentioned in the context provided. It focuses solely on the fact that an individual has identified issues believed to be driving the downturn.

Naver Financial is launching a stablecoin wallet service called Silk Pocket next month in collaboration with Hashed and the Busan digital exchange, initially targeting Busan citizens and international tourists. The wallet will allow users to convert local currency to KRW-pegged stablecoins easily, potentially integrating with the existing Dongbaekjeon regional currency payment system which has 1.5 million monthly active users. More details are expected at Blockchain Week in Busan in February 2025. Additionally, Naver Financial and Dunamu, the parent company of Upbit, are planning a merger via a stock exchange, potentially leading to a Nasdaq listing and a valuation of at least $34.5 billion. After the acquisition, Dunamu's chairman Song Chi-hyung will become the largest shareholder of the merged entity, while Naver's stake will be diluted. Naver Financial reported revenue of 3.14 trillion Korean won in the third quarter, and Dunamu reported revenue of 385.9 billion won with a 145% increase in net profit during the same period.

The article suggests that XRP is expected to perform well in the final quarter of 2025. The prediction is based on the emergence of unspecified key catalysts, implying factors that are expected to drive up the price or demand for XRP during that period. The content focuses on a positive outlook for XRP, indicating potential gains for investors holding the cryptocurrency.

According to some on-chain indicators and trading data, Bitcoin may have reached a bottom in November. One indicator, the Whale vs. Retail Delta, shows that large Bitcoin holders (whales) have significantly increased their long positions, surpassing retail traders for the first time, which is considered a bullish signal. Additionally, Bitcoin's spot trading volume on Binance has consistently exceeded $10 billion in November, while open interest in the derivatives market has decreased by $5 billion. This suggests a shift away from speculation towards investors buying actual Bitcoin, potentially leading to more sustainable price increases. However, some analysts caution that the current price rebound could be a temporary "dead cat bounce" before a further decline.

Japan's Financial Services Agency (FSA) is introducing new regulations requiring crypto exchanges to maintain emergency reserve funds to compensate users in case of hacks or operational failures, similar to how banks operate. These mandatory reserves will range from approximately $12.7 million to $255 million, depending on the exchange's trading volume and risk exposure. The move is largely influenced by past security breaches, most notably the Mt. Gox incident, and aims to protect investors. The FSA plans to submit the legislative amendment to parliament in 2026, with implementation expected shortly after approval in the first half of the year. Exchanges will be allowed to use insurance coverage to partially meet these reserve requirements. In addition, the FSA is considering reforms to allow banks to hold and trade cryptocurrencies like Bitcoin, a shift from the current 2020 legislation that prohibits such activities. This comes as Japan's cryptocurrency market continues to grow, with over 12 million registered crypto accounts as of February 2025.

In the third quarter of 2025, Peter Thiel's investment fund sold all 538,000 of its Nvidia shares and 208,000 Tesla shares, totaling $166 million in sales. Simultaneously, the fund purchased 79,000 Apple shares and 49,000 Microsoft shares for a combined $43 million. These moves leave Thiel with over $120 million in cash, signaling a potential shift towards private investments or caution regarding market valuations. The adjustment represents a defensive strategy, exchanging high-growth stocks like Nvidia and Tesla for the relative stability of Apple and Microsoft.

Pump.fun's co-founder, Sapijiju, has denied claims that the platform cashed out $436.5 million in USDC. These allegations stemmed from on-chain data analysis showing large USDC transfers to Kraken and Circle, which were interpreted as potential cash-outs. Sapijiju stated that these transactions were internal treasury management, specifically the redistribution of USDC raised from the PUMP token ICO into different wallets for reinvestment in the business. Lookonchain reported that Pump.fun had deposited 436.5 million USDC into Kraken and that 537.6 million USDC moved from Kraken to Circle via a specific wallet. Additionally, they claimed Pump.fun sold 4.19 million SOL for $757 million between May 2024 and August 2025. The Pump.fun ICO in July, which raised $500 million, was also controversial because only 12.5% of the total PUMP supply was sold publicly despite initially allocating 33% for the ICO. Gate.io also canceled PUMPs pre-market listing shortly before the ICO.

A large cryptocurrency trader, previously known for Bitcoin activity, has made a significant move in the Ethereum market. This trader, identified as 1011short, deposited $10 million in USDC to the Hyperliquid decentralized exchange. Following this deposit, the trader initiated a leveraged long position on Ethereum with 5x leverage, effectively controlling a position worth $44 million. This activity could potentially impact the Ethereum market as it attempts to recover.

Bitcoin's price is holding steady after the release of new U.S. inflation data, specifically the Producer Price Index (PPI). The data showed a mixed picture: the overall PPI increased more than expected (2.7% vs 2.6%), while a measure of underlying inflation, Core PPI, cooled slightly more than anticipated (2.6% vs 2.7%). This mixed data is causing uncertainty in the market because it makes it harder to predict what the Federal Reserve will do with interest rates. Bitcoin experienced a slight dip but quickly stabilized, and is currently trading within a narrow range. Traders are waiting for more economic data and comments from the Federal Reserve before making any big moves. The next day or so is expected to be volatile for crypto, with price swings possibly influenced by U.S. stock market activity and Treasury yields. Further movement in Bitcoin's price will likely depend on upcoming economic releases and any comments from the Federal Reserve.

Analog Devices (ADI) reported strong Q4 earnings, exceeding analyst expectations for both earnings per share (EPS) and revenue. EPS came in at $2.26 versus an expected $2.23, and revenue reached $3.08 billion, surpassing the predicted $3.02 billion. The company's Q1 2026 guidance also beat estimates, with projected EPS of $2.19-$2.39 and revenue between $3.00 and $3.20 billion. The industrial segment was a standout, with revenue up 34% year-over-year to $1.43 billion, driven by increased spending on factory automation and defense systems. The communications segment also performed well, exceeding expectations with $389.8 million in revenue. Management expressed confidence in the company's position amidst macro uncertainties, citing a cyclical recovery and resilient demand.

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The Singapore Exchange (SGX) launched Bitcoin and Ethereum perpetual futures contracts, and they experienced strong initial trading activity. The total trading volume for these new crypto derivatives reached $35 million on their debut. This indicates notable interest from investors in these regulated cryptocurrency futures products offered by a major exchange.

Klarna, a major Swedish company that offers "buy now, pay later" services, is launching its own stablecoin. This cryptocurrency will be integrated using Stripe's Bridge platform. The article does not specify the exact name of the stablecoin, its intended use cases, or the blockchain it will be built on, but its integration with Stripe's platform implies ease of use for online transactions.