Strategy has significantly increased its Bitcoin holdings, purchasing 8,178 BTC for approximately $835 million at an average price of around $102,100 per coin. This acquisition brings Strategy's total Bitcoin stash to 649,870 BTC, valued at roughly $61.7 billion. The company's cumulative investment in Bitcoin is approximately $48.4 billion, resulting in unrealized gains of about $13.3 billion. Despite recent market volatility and a drop in Strategy's stock price, CEO Michael Saylor has reaffirmed the company's commitment to its Bitcoin strategy, dismissing rumors of any Bitcoin sales. Strategy now controls more than 3% of Bitcoin's total supply, solidifying its position as the largest corporate holder of the cryptocurrency.

Cboe Global Markets will introduce Continuous Futures for Bitcoin (PBT) and Ether (PET) on its Cboe Futures Exchange (CFE) starting December 15, 2025, pending regulatory approval. These cash-settled futures contracts aim to provide institutional investors with capital-efficient, long-term exposure to Bitcoin and Ether within a US-regulated environment. Each contract features a 10-year expiration and daily cash adjustments, mirroring perpetual swaps while complying with US derivatives regulations. The products will track Cboe Kaiko Real-Time Rates for BTC and ETH, and a daily Funding Amount will align futures pricing with spot markets. Trading will be available 23 hours a day, five days a week. Cboe's Options Institute will conduct educational sessions on December 17, 2025, and January 13, 2026, to explain contract specifications, funding calculations, and trading strategies.

The Singapore Exchange (SGX) launched Bitcoin and Ethereum perpetual futures on November 24th, aiming to bring regulated crypto instruments to institutional investors. These futures contracts will allow for ongoing trading without an expiration date, referencing the iEdge CoinDesk Crypto Indices for benchmarking. SGX emphasizes strong risk controls like dynamic margins and volatility checks, with the goal of offering a secure way for institutions to participate in leveraged digital asset trading. Retail investors will not have access to these new crypto-linked futures products; instead, they can explore Hong Kong's coin-tracking ETFs. The move by SGX is seen as a strategic one, given the high trading volumes of perpetual futures globally, particularly in Asia, where much of this activity currently occurs on offshore platforms. Major industry players like OKX and DBS Bank have expressed support for the launch, with SGX stating that the offering has already received positive early feedback from professional traders. SGX is not planning to offer Bitcoin ETFs at this time, prioritizing institutional-grade products such as derivatives and perpetual contracts.

YoungHoon Kim, claiming to hold the world's highest IQ, has predicted that Bitcoin will surge to $220,000 within the next 45 days. This projection, made on November 16, 2025, is significantly higher than Grok AI's earlier projection of $175,000 by year-end. Kim stated that if his prediction holds true, he will use 100% of his Bitcoin profits to build churches for Jesus Christ in every nation. He believes Bitcoin will appreciate 100x over the next decade, potentially exceeding $10 million, and become the world's ultimate reserve asset. Despite Kim's large online following, his IQ claims and credibility are debated, with some experts questioning their validity. Many market participants are skeptical of his $220,000 forecast, especially considering the recent crypto market downturn. The crypto market has erased $1.1 trillion in market cap, with Bitcoin shedding over $400 billion over the last 41 days, experiencing significant outflows from crypto funds and increased liquidations. Bitcoin's price declined to around $93,000 recently, with analysts suggesting potential further drops to the $89,000-$94,000 or even $72,000-$74,000 range. Some analysts view the current price action as a healthy consolidation before a clear bearish signal emerges.

The Trump Organization and Dar Global, a London-listed real estate developer, are collaborating on the Trump International Hotel Maldives, an 80-villa luxury resort, with plans to tokenize the hotel's development. This initiative marks the first time a hotel development is being tokenized from the ground up, allowing investors to participate in the project's financing and ownership structure during its construction phase. The resort, designed with ultra-luxury beach and overwater villas, aims to open by the end of 2028 and will be located a short speedboat ride from Malé. The tokenization approach will provide smaller digital pieces for investment, and investors can trade their tokens through regulated platforms. This move reflects a growing trend in real estate, with Deloitte predicting the value of tokenized real estate to reach $4 trillion by 2035, up from under $300 billion in 2024.

This week, between November 17 and November 24, nearly $300 million in cryptocurrency tokens will be unlocked and released into the market. The unlocks consist of both single large releases exceeding $5 million and daily linear unlocks surpassing $1 million per day. LayerZero leads the single large unlocks with 25.71 million tokens valued at $37.28 million, representing 7.29% of the project's unlock supply. SOON follows with 15.21 million tokens unlocking, now valued at $25.86 million, which accounts for 4.33% of its unlock supply. YZY will see 37.50 million tokens, worth $14.59 million, enter circulation, representing 12.50% of the project's unlock supply. Other major cliff unlocks include ZK protocols unlocking 173.08 million tokens valued at $8.71 million, MBG tokens worth $7.31 million, KAITO with 8.35 million tokens worth $6.30 million, and ApeCoin (APE) at 15.60 million tokens worth $5.47 million. Solana (SOL) leads all daily linear unlocks with 491.44K tokens valued at $69.53 million. TRUMP tokens will see 4.89 million units unlock, valued at $34.48 million, and Worldcoin (WLD) faces 37.23 million tokens entering circulation, worth $25.47 million. Other tokens with scheduled unlocks include Dogecoin (DOGE) unlocking 97.45 million tokens valued at $15.76 million, ASTER tokens worth $12.59 million, Avalanche (AVAX) releasing 700,000 tokens valued at $10.94 million, Bittensor (TAO) facing a smaller unlock of 25.20K tokens worth $8.34 million, Zcash (ZEC) unlocking 11.03K tokens valued at $7.51 million and ETHFI with 8.53 million tokens worth $7.63 million. These unlocks could potentially introduce market volatility and influence price movements in the short term.

Shiba Inu (SHIB) has been added to Japan's 'Green List' by the Japan Virtual and Crypto Assets Exchange Association (JVCEA), signifying its recognition as a trusted cryptocurrency alongside Bitcoin (BTC) and Ethereum (ETH). This inclusion means SHIB is now part of a group of approximately 30 digital currencies approved for simplified trading under Japan's regulatory framework. The 'Green List' streamlines the approval process for tokens meeting specific standards, including being listed on at least three licensed exchanges; SHIB is currently available on eight. Japan's Financial Services Agency (FSA) is also proposing a reduction in crypto tax rates from as high as 55% to a flat 20% for assets on the 'Green List,' potentially effective from fiscal year 2026. If approved, this tax change would align crypto taxation with stock market investments and could significantly reduce the tax burden for SHIB holders. Simultaneously, the Japan Exchange Group Inc. (JPX), which operates the Tokyo Stock Exchange, is considering stricter rules for listed companies investing heavily in crypto to protect shareholders and investors. While monitoring Digital Asset Treasury (DAT) operators, JPX has cautioned some companies against pivoting to digital asset treasuries, potentially restricting fundraising efforts. The proposed tax changes also feature loss carry-forward for three years, estimated to unlock around five trillion yen of institutional capital.

The European Central Bank (ECB) is expressing increasing concern over the potential impact of stablecoins, particularly those pegged to the U.S. dollar, on Europe's economy and monetary policy. ECB officials, including Olaf Sleijpen, warn that a large-scale sell-off or 'run' on stablecoins could trigger market instability and force the ECB to adjust interest rates, potentially impacting inflation and broader financial stability. The rapid growth of the stablecoin market, which has reached over $300 billion with a nearly 50% increase this year, is a key factor driving these concerns. Stablecoins, often backed by assets like U.S. Treasuries, could create systemic risk if mass redemptions force issuers to rapidly sell those assets, potentially destabilizing bond markets. This could lead to tighter financial conditions in Europe and require the ECB to intervene. Forecasts suggest the stablecoin market could grow significantly, potentially reaching $3.7 trillion by 2030 or $2 trillion by 2028, further amplifying both their economic relevance and the regulatory challenges surrounding them. Some officials suggest the adoption of a digital euro (CBDC) may be the safest way to protect Europes monetary control and diminish the risk of dollar-backed stablecoins becoming a common way to pay within the region. The concern extends to the possibility of U.S. dollar stablecoins reinforcing America's financial and geopolitical position, while potentially increasing Europe's borrowing costs and strategic dependence.

The Scaramucci family, including Anthony and AJ Scaramucci, invested over $100 million in American Bitcoin, a Bitcoin mining company co-founded by Eric Trump and backed by Donald Trump Jr. The investment was made through Solari Capital, led by AJ Scaramucci, as part of a larger $220 million funding round in July. The company, which went public via a reverse merger in September, holds over 4,004 BTC worth approximately $415 million, making it a significant corporate Bitcoin holder. American Bitcoin operates by both mining Bitcoin and purchasing it on the open market to increase its holdings. The company possessed over 60,000 Bitcoin miners as of May 31, 2025, with a hashrate of about 10.17 EH/s. This investment occurs as the Bitcoin mining industry faces challenges due to declining hash prices and the recent Bitcoin halving. Other major Bitcoin miners are exploring opportunities in AI infrastructure. Bitfarms recently announced plans to wind down Bitcoin mining operations and shift focus to AI. Concerns have been raised regarding American Bitcoin's access to mining equipment from a Chinese manufacturer under extended payment terms secured by Bitcoin.

Steak n Shake, the American fast-food chain that accepts Bitcoin, is expanding into El Salvador. The expansion follows the company's decision to accept Bitcoin payments across its US stores starting in May 2025. The company attributes an 11% increase in same-store sales in Q2 2025 and a 15% increase in Q3 2025 to its Bitcoin integration. Steak n Shake also launched a Bitcoin treasury and donates 210 satoshis for every Bitcoin Meal sold to support Bitcoin Core development. Customers also receive $5 in BTC through a partnership with the Fold app when buying select items. The company briefly considered accepting Ether, polling its followers. After backlash, Steak n Shake reversed course, reaffirming its commitment to Bitcoin. The company has participated in the Bitcoin Histrico event in San Salvador, signaling a deeper involvement in El Salvador's crypto-driven economy. Steak n Shake aims to offer Bitcoin payment options at all its locations worldwide and reported outperforming McDonalds, Burger King, Taco Bell, and Starbucks in same-store sales growth for Q3 2025.

BitMine Immersion Technologies, previously a crypto mining company, has appointed Chi Tsang as its new CEO, replacing Jonathan Bates. This leadership change coincides with the company's strategic shift towards becoming a digital asset treasury focused on Ethereum. The company also added three new independent board members: Robert Sechan, Olivia Howe, and Jason Edgeworth. BitMine currently holds over 3.5 million Ether tokens, valued at over $11 billion based on recent prices, representing approximately 3% of the total Ether supply, and aims to increase its holdings to 5% of the free-floating Ether. Despite the growth of its Ether treasury and institutional investment from firms like ARK Invest, BitMine's stock (BMNR) has declined by approximately 36% in the past month, closing at around $34.4. The company is positioning itself as a bridge between traditional finance and the Ethereum ecosystem, with its leadership emphasizing the potential for blockchain to transform capital markets. The new CEO and board members bring experience in technology, DeFi, and financial services to further BitMine's strategic goals. BitMine's strategy mirrors that of other companies accumulating crypto treasuries, but it faces market sensitivity and regulatory scrutiny.