Bitcoin remained below key support levels as traders hoped the rally could achieve the highest-ever Thanksgiving Day close for BTC price.
Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks. Related Reading: XRP ETFs Outshine BTC, ETH, And SOL Funds With $164M Single-Day Inflows Ethereum Eyes $3,000 Ahead Of Key Upgrade On Wednesday, Ethereum experienced a 4.4% daily surge, retesting the $3,000 level for the first time in nearly a week. The cryptocurrency has been trading within the $2,680-$2,980 price range amid the latest market-wide correction, which also saw Bitcoin (BTC) lose some crucial support levels. At the start of the week, the King of Altcoins broke above the $2,900 area, attempting to retest the next key resistance over the past two days but ultimately failing to reclaim it. Analyst Ted Pillows highlighted this performance, noting that ETH “tapped the $2,950-$3,000 zone again and got rejected.” Per the post, until Ethereum successfully reclaims this level, “the chances of a new low are high.” On the contrary, if the cryptocurrency breaks above this zone with strong volume in the coming days, investors could “expect a rally towards the $3,400 level.” The analyst also suggested that the altcoin could see a remarkable recovery rally next week, driven by the upcoming Fusaka upgrade. As he explained, ETH soared around 50% after the network’s Pectra upgrade in May. As reported by NewsBTC, the upgrade introduced a series of improvements to increase transaction capacity, enhance efficiency, and reduce system stress. Following the implementation, the cryptocurrency rallied from the $1,800 level to the $2,700 area in a week, which was later followed by an 80% jump in Q3 to its latest all-time high (ATH) of $4,946. Now, the Fusaka upgrade is the network’s biggest update since The Merge and is expected to come on December 3, “to relieve one of the network’s most pressing bottlenecks: data availability for rollups,” VanEck explained in October. Based on this, Ted Pillows suggested that if ETH repeats its post-Pectra performance with the new upgrade, the altcoin’s price could soar above the $4,000 resistance in the next few weeks. End-Of-Year Rally Underway? Market watcher Merlijn The Trader also suggested that Ethereum could see another leg up soon, as it is “repeating a textbook wave structure” it has printed multiple times since hitting the bear market bottom in mid-2022. “Wave 1: Kicked off the cycle. Wave 2: Is shaking weak hands. wave 3: Where parabolas form,” the trader explained on X, noting that ETH could be ending its corrective move and potentially see another rally in the coming weeks. “This pattern printed 3 times before. Each time, ETH went vertical. Now it’s flashing again,” he stated. Similarly, Michaël van de Poppe highlighted Ethereum’s trading pair against Bitcoin, affirming that investors should keep an eye on the chart. Notably, ETH is retesting a multi-month downtrend line resistance against BTC, and could “see a strong breakout upwards in the coming weeks.” “This cycle is far from over,” van de Poppe added. Related Reading: Bitcoin’s November Crash To Continue If This Level Isn’t Reclaimed, Analyst Warns Meanwhile, Rekt Capital noted that Ethereum Dominance continues to occupy an area that served as a consolidation zone before the 2021 rally. “As long as ETHDOM can maintain itself above 10.05% then it should be positioned for higher market dominance levels over time,” the analyst concluded. As of this writing, ETH trades at $3,023, a 2% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The Bitcoin price appears to be entering a new recovery phase, as the leading cryptocurrency recaptured the $91,000 level after falling by more than 30% from all-time highs last Friday, tumbling to an 8-month low of $80,000. Critical Bitcoin Price Range Technical analyst Daan Crypto Trades highlighted on social media site X (formerly Twitter) on Wednesday that the critical region for investors to monitor right now is between the $89,000 and $91,000 range. He observed that this price level acted as support in late 2024 and early 2025 before becoming a point of resistance during President Donald Trump’s recent tariff negotiations with the world’s top economies, including China. Related Reading: Has The Bitcoin Price Hit Its Bottom? Key On-Chain Data Signals Potential Rebound Ahead After breaking out of this zone almost exactly one year ago, the Bitcoin price reached new highs of $109,000 in January, which held until a new uptrend in May of this year resulted in BTC reaching $112,000. Daan emphasizes that a strong consolidation above these levels could pave the way for a rally toward the $106,000 to $108,000 range. Conversely, if Bitcoin falls back below these levels, it could revisit last week’s low of $80,000, which he identifies as the nearest support. Bullish Sentiments Amid Caution Another analyst, BitcoinVector, echoed Daan’s bullish sentiment but cautioned that the market remains in a high-risk environment and that the current momentum has yet to strengthen significantly. According to BitcoinVector, steady momentum is required for Bitcoin to break out of the compression pattern that has formed since its all-time high. He laid out the bullish path: first, the Bitcoin price must close within the $89,000 to $90,000 zone, followed by consolidation above this area, and finally, a breakout through the $93,500 to $95,000 compression band. For this recovery to gain traction, BitcoinVector stressed the importance of a “Risk-Off Signal,” indicating that buyers must begin to overpower sellers while generating momentum. Without such momentum, each upward movement would merely be a tactical reaction rather than indicative of a structural recovery. Prolonged Bear Market Ahead? Market analyst Skew provided additional insights, noting that the four-hour chart for Bitcoin appears more constructive for bulls. He pointed to several indicators suggesting upward momentum, including the price being above the four-hour 50 EMA, the RSI remaining above 50, and the Stochastic RSI trending higher. Skew identifies the $88,000 mark as a crucial “line in the sand,” arguing that a drop below this level would signal weakness and a failed attempt to gain momentum. Related Reading: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings Despite the cautious optimism from some analysts, others, like Jacob King, offer a starkly different perspective. He argues that given the Bitcoin price decline from its all-time high in October, it has never experienced such a fall followed by a sustained bull market. According to King, Bitcoin is now in a bear market that may persist for years, poised to affect the fortunes of countless investors, particularly those heavily leveraged. As of this writing, the Bitcoin price stands at $91,390, marking a 4% recovery within the last 24 hours. This places the cryptocurrency 27% below its all-time high. Featured image from DALL-E, chart from TradingView.com
Terraform Labs co-founder Do Kwon asked a US court to limit his prison term to five years as he faces a separate case in South Korea.
Market chop aside, Wall Street is rolling out Bitcoin (BTC) exposure to advisors through structured notes and ETF-collateralized lending. The bank simultaneously faces debanking blowback after Strike CEO Jack Mallers said his personal Chase accounts were shut. The juxtaposition spotlights institutionalization for clients versus risk-control for crypto-native principals. On one side, JPMorgan moves BTC exposure […]
The post Pick a side: JPMorgan opens leveraged Bitcoin access to retail while closing crypto CEO’s account appeared first on CryptoSlate.
COIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.
Justin Sun held a media briefing in Hong Kong today, offering his clearest update yet on the ongoing effort to recover $456 million in missing TUSD reserves. The case just reached a major legal milestone, and Sun made sure the public heard it directly from him. DIFC Court Issues Worldwide Freeze on TUSD Reserve Assets …
The launch of XRP exchange-traded funds (ETFs) is already shaking up the crypto market. Analysts believe that growing institutional interest could have a big impact on both the price of XRP and how these funds operate. ETF Demand is Exploding In just 8 trading days, XRP ETFs have gathered over $644 million in assets. Canary …
What to Know: Cardano’s 6% open interest jump as $ADA eyes a $0.50 retest points to leveraged traders positioning for continuation, not a fleeting relief rally. As DeFi and real‑world use cases expand on Cardano and beyond, non‑custodial, multi‑chain wallets are becoming critical infrastructure rather than optional add‑ons. Many legacy wallets remain either centralized with single points of failure or too clunky on mobile, leaving a gap for secure, feature‑rich, user‑friendly alternatives. Best Wallet Presale targets 40% of the wallet market by 2026, merging Fireblocks MPC‑CMP security, multi‑wallet portfolios and mobile‑first UX into a single $BEST‑powered ecosystem. Cardano’s latest bounce is starting to look like more than a relief rally. Derivatives data shows $ADA open interest jumping roughly 6% as price circles a potential retest of the $0.50 area, a level that rejected bulls earlier in the year and now acts as a clear psychological and technical barrier for traders. When open interest rises into resistance like this, it usually means leveraged money is stepping in, not just casual spot buyers averaging in. That tilt toward futures exposure tends to signal traders are positioning for continuation rather than a dead cat bounce, especially when liquidations stay controlled and funding doesn’t spike into obvious froth. Under the hood, Cardano’s DeFi and real‑world use cases have quietly expanded, giving this move some fundamental backing. TVL has climbed from cycle lows, stablecoin activity is more diversified, and on‑chain volume isn’t being driven purely by speculative memecoins. If you’re looking for the best crypto to buy now, $ADA’s mix of rising OI, key resistance overhead and improving on‑chain metrics keeps it firmly on the watchlist. But that broader ‘risk‑on’ shift is also pushing capital further out the curve into infrastructure plays and presales. Wallet infrastructure in particular looks primed for a re‑rating as users demand safer self‑custody, better presale access and cheaper cross‑chain execution. And that’s the backdrop where projects like Best Wallet and its Best Wallet Token ($BEST) utility token are starting to attract more serious attention from investors already leaning bullish on higher‑beta crypto exposure. Read more about $BEST in our guide. How Cardano’s Risk-On Shift Is Reshaping Wallet Demand A market where $ADA can credibly threaten a sustained break above $0.50 is a market where users are once again rotating into higher‑beta altcoins, NFTs, on‑chain games and complex DeFi positions. That activity doesn’t just lift prices; it dramatically increases the demand for non‑custodial wallets that can handle dozens of chains and asset types without forcing users into centralized chokepoints. The problem is that many of the incumbent wallets were designed for a simpler era. Centralized or semi‑custodial designs create single points of failure and regulatory risk, while some of the more trust‑minimized options still feel clunky on mobile. If you’ve ever tried to manage multiple DeFi portfolios, presales and cross‑chain swaps from your phone, you’ve probably felt those UX and security trade‑offs firsthand. That’s why the next wave of wallet competition is moving beyond ‘basic key storage’ into full‑stack execution layers: integrated DEX aggregation, curated presales, staking dashboards and chain‑agnostic portfolios. One of these solutions is making the rounds now – Best Wallet positions $BEST as one more option in this emerging class, but with a thesis built around deeply integrated security tech and a mobile‑first design. Why Best Wallet Token Is Drawing Risk-On Capital Where Best Wallet differentiates itself is the attempt to bundle institutional‑grade security with retail‑level accessibility. The project is building what it calls the first fully integrated Fireblocks MPC‑CMP wallet in a consumer app, combining multi‑party computation for key management with custom multi‑wallet portfolios. In plain English, that means you retain self‑custody while dramatically reducing single‑key compromise risk across every asset you hold. On top of that security stack, the wallet plans to embed an ‘Upcoming Tokens’ portal, giving users a simplified flow to access crypto presales without hopping between websites, spreadsheets and Telegram groups. For a market already hunting for ‘the next ADA’ every time open interest spikes, that kind of curated deal flow directly inside a wallet could become a compelling value add if the screening standards hold up. Execution is equally important. Best Wallet’s DEX aggregator, powered by Rubic, targets more than 50 chains, 300+ DEXs and 30 cross‑chain bridges from a single interface, with a mobile‑first UX designed to feel familiar even if you’re not a DeFi power user. That multi‑chain reach combined with non‑custodial, no‑KYC access aims to serve both advanced traders rotating between Cardano, Ethereum and emerging ecosystems, and newcomers who just want cheaper swaps and fewer failed transactions. Underneath it all sits the Best Wallet Token ($BEST), which fuels a set of incentives inside the ecosystem. The presale has already raised $17.64M at a token price of $0.026005, and smart money is also paying attention: whale tracker data reveals 2 significant purchases totaling $29.8K, with the largest transaction of $16K happening just yesterday. Plus, our $BEST price prediction estimates a potential increase of 97% by the end of 2026 from the current price of $0.026005. For traders already leaning risk‑on thanks to Cardano’s recovery, that mix of security features, presale upside and yield mechanics makes $BEST an increasingly visible candidate for the next wave of wallet‑centric narratives. Buy $BEST in 5 simple steps before the presale ends. This article is for informational purposes only and does not constitute financial, investment, or trading advice; always do your own research. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/cardano-recovery-best-wallet-token-presale-risk-on
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.
The infrastructure for autonomous artificial intelligence (AI) agents was once just an idea, but now, the agentic future is actively being built with rapid acceleration. Over the past few months, a wave of new platforms has emerged to support what many are calling the “agentic internet,” with protocols like 375.ai, X402, and Kite AI – …
An analyst has explained how Bitcoin’s bottom in the current cycle may not follow the same pattern as historical bear markets. Bitcoin Could Bottom Around True Mean Price Instead This Time In a new post on X, Checkonchain co-founder Alec Dejanovic has talked about a couple of pricing models related to Bitcoin. The first of these is the “Realized Price,” keeping track of the cost basis of the average investor on the BTC network. Related Reading: XRP Rebounds From Channel Bottom, Analyst Says $2.60 Could Be Next When the BTC spot price is trading above this level, it means that the network as a whole is in a state of net unrealized profit. On the other hand, the asset being under the metric suggests that the average token is being held at some loss. This indicator has displayed an interesting relationship with the cryptocurrency in the past. “Historical Bitcoin bears usually bottom around the Realised Price level,” explained Dejanovic. Below is the chart shared by the analyst that shows this effect in action. As is visible in the graph, the 2015, 2018, and 2022 bear markets all found their bottoms when the Bitcoin spot price plunged under the Realized Price. Even the COVID crash in 2020 bottomed out below the indicator. The explanation behind this pattern could lie in the fact that below this line, the majority of the network can be considered underwater, so there wouldn’t be many profit-takers left. In these conditions, resolute entities take coins off investors capitulating at a loss and selling pressure slowly reaches exhaustion, allowing BTC to regain its footing. Today, the Realized Price is situated at $56,000. Considering the past pattern, perhaps this cycle’s bear market would also bottom out around or below this level. Dejanovic thinks things can go differently this time, however, saying, “with ETF flows remaining resilient and no FTX-style fraud in sight, that target feels excessive.” If not Realized Price, then where else could Bitcoin find its bottom? The answer may be the second price model listed in the chart: the True Mean Price. This metric functions similarly to the Realized Price, except for the fact that it represents the cost basis of just the active market participants, not the entire network. A chunk of the Bitcoin supply has become lost due to associated wallets no longer being accessible. As BTC is growing older, this supply is only increasing in size, making the Realized Price a somewhat inaccurate representation of the real network situation. Related Reading: Capriole Founder Not Bearish On Bitcoin Despite Headwinds—Here’s Why By focusing on only the active part of the supply, the True Mean Price sidesteps this issue. Its value is currently $82,000, which is around where BTC found its recent low. “This could be the new line in the sand we are hammering out,” noted the analyst. BTC Price Bitcoin has shown a sharp jump during the past day that has taken its price back above $90,000. Featured image from Dall-E, checkonchain.com, chart from TradingView.com
ARK Invest expects another $300 billion in liquidity to return after the government shutdown, a development that may alleviate the “liquidity squeeze” affecting crypto and AI valuations.
The crypto markets rejuvenated a bit as significant liquidations pushed the Bitcoin price close to $92,000. As the token surged above the consolidated zone around $87,500, the altcoins like Solana gained strength. Solana is believed to follow the trend set by the star crypto, and hence, after rebounding from $127, a rise to $150 appeared …
Metaplanet, often dubbed Japan’s MicroStrategy for its adoption of Michael Saylor’s Bitcoin investment strategy, is nearing a critical juncture as Bitcoin (BTC) retraces below 30% of its all-time highs in under a month. Metaplanet Bitcoin Holdings Plummet As of November 26, Metaplanet ranks as the fourth largest public Bitcoin treasury company, holding just over 30,000 BTC valued at approximately $2.7 billion, with an average acquisition cost of around $108,000 per coin. Currently, Bitcoin is trading at approximately $87,700, placing the firm at a nearly 17% loss on its investments. The company finds itself about $640 million underwater, compounded by a steep drop in its stock price, which has plummeted 81% from June highs of ¥1,935 to its current valuation of ¥366 per share on the Tokyo Stock Exchange. Related Reading: Has The Bitcoin Price Hit Its Bottom? Key On-Chain Data Signals Potential Rebound Ahead Recently, Metaplanet borrowed an additional $130 million to bolster its Bitcoin holdings, a decision disclosed in a filing on November 21 under a previously established $500 million credit facility announced in late October. This loan is structured with a floating interest rate that renews daily, allowing for repayment at any point. Importantly, the loan is fully secured by the company’s Bitcoin reserves. However, market expert Shanaka Anslem has raised concerns on social media platform X (formerly Twitter) about the implications of these maneuvers for Metaplanet’s short-term stability. Key Dates Approach Anslem highlighted two pivotal dates that the market should closely monitor: December 18, when the Bank of Japan (BoJ) will decide on interest rates, and December 22, when Metaplanet shareholders will vote on a proposed $135 million fundraising initiative. The outcomes of these events are intertwined. The expert asserts that if the Bank of Japan opts for tighter monetary policy, resulting in a strengthened yen, Bitcoin prices may decline, potentially collapsing Metaplanet’s stock premium and jeopardizing the fundraising vote. Conversely, should the central bank maintain its loose policies, leading to a weakened yen but stable Bitcoin prices, the vote may pass, allowing the company to survive. Related Reading: Monad (MON) Price Skyrockets 80%, Emerges As Best Performer Among Top 100 Cryptos This situation holds significance beyond Metaplanet itself. Japan currently lacks a Bitcoin exchange-traded fund (ETF), making Metaplanet the sole avenue for Japanese investors to gain exposure to Bitcoin via the stock exchange. This factor contributed to a 4,000% increase in the company’s stock value in 2024; however, the price plunged 81% when Bitcoin dropped by 30% over the past month amid rising selling pressure that has prompted fears of a new bear market among investors. Leverage further amplifies the existing risks. For Metaplanet to break even, Bitcoin must reach $108,000. For their investment model to function effectively, however, BTC must surpass $130,000. If Bitcoin falls below $70,000, Metaplanet may have to sell assets to meet collateral requirements. Anslem further noted: For now, Metaplanet stands as neither triumph nor failure but as the most consequential experiment in corporate Bitcoin allocation currently running… The hotel company that bet everything on Bitcoin approaches its moment of truth. The world should be watching. Featured image from DALL-E, chart from TradingView.com
The Philippines has a $60 billion opportunity in asset tokenization, potentially transforming its capital markets by 2030.
The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US.
Australia's Treasury submitted a new bill to parliament on Wednesday, seeking to require financial licenses for certain crypto platforms.
Cathie Wood forecasted that the current liquidity squeeze will reverse in the near term, and said inflation may end next year.
The UK’s Financial Conduct Authority (FCA) has just launched a brand-new Stablecoins Cohort, giving firms a golden chance to test their stablecoin products in a regulated sandbox while directly influencing the UK’s future digital currency rules. Applications are open now! FCA Stablecoins Cohort: Test Your Stablecoin in the Real Market According to the FCA filing …
The hack underscores the vulnerabilities in blockchain networks, prompting exchanges to bolster security measures and customer trust initiatives.
The post Upbit discloses $37M hack on Solana network, pledges to cover customer losses appeared first on Crypto Briefing.
What to Know: Most crypto wallets remain either centralized with failure points or overly technical, lacking mobile-friendly UX and meaningful user rewards or integrated benefits. Fragmented tooling forces users to juggle separate apps for swaps, staking, tracking and presales, creating friction that slows broader Web3 adoption. Best Wallet Token backs a non-custodial, multi-chain mobile wallet that integrates tracking, swaps, staking and curated presales within a single interface. By tying fee discounts, higher staking yields and presale access to $BEST, Best Wallet Token aims to turn the wallet into a full-stack Web3 opportunity hub. Crypto wallets are no longer just key-storage tools. As more users live on-chain (trading, staking, gaming and joining presales) the wallet has quietly become Web3’s most important interface. Yet most options still force you to juggle multiple apps, sacrifice control, or tolerate clunky UX that scares off newcomers. Centralized wallets can freeze accounts or become single points of failure. On the other hand, many non-custodial wallets feel designed only for power users, with confusing signing flows, limited or no presale access, and few real perks for loyal holders. You’re either giving up sovereignty or leaving obvious value on the table. Best Wallet is positioning itself as a direct answer to that gap: a non-custodial, multi-chain Web3 wallet that bundles tracking, staking, swaps and vetted presales into one mobile-first app. The thesis is simple: if the wallet is where you live, it should also be where you earn, discover and save on fees. The Best Wallet Token ($BEST) presale ends tomorrow, giving a final chance to buy at presale price before listings and heavier marketing kick in. With $17.65M already raised at $0.026005 per token, there’s already strong demand for a wallet that aims to capture 40% of the crypto wallet market share by the end of 2026. Learn more about what is Best Wallet Token. Best Wallet Bundles Web3 Into One Mobile-First Experience Best Wallet Token is backing a non-custodial, no-KYC wallet that aims to be the ‘home screen’ for your entire Web3 life. Instead of bouncing between a swap app, staking dashboard, portfolio tracker and presale platform, you manage everything inside a single, mobile-first interface designed for everyday users, not just DeFi natives. Under the hood, Best Wallet integrates Fireblocks MPC-CMP security, multi-wallet portfolios, and a DEX aggregator powered by Rubic that connects to 50+ chains, 200+ DEXs and 20 cross-chain bridges. For you, that translates to better pricing on swaps, broader asset coverage (60+ chains in the future), and fewer blind spots when moving capital across ecosystems. The standout feature is the Upcoming Tokens portal, which curates the best crypto presales and streamlines presale participation. Instead of chasing links and worrying about fake sites, you can discover vetted opportunities directly inside the wallet and pay with assets you already hold. $BEST Price Potential & Whale Interest Signal Explosive Future On-chain signals are already flashing interest from larger players. Smart money is moving, with one whale buying $16K yesterday and another adding in $13.8K 5 days ago. That kind of conviction ahead of listings often reflects a longer-term view on utility, not just a quick flip narrative around launch. Our $BEST price prediction also estimates large gains in the future, with a 2026 prediction at $0.05106175/token. That’s a 96% from today’s price of $0.026005. The tokenomics also lean into long-term alignment. $BEST holders unlock reduced fees across the Best Wallet ecosystem, higher APY opportunities through the staking aggregator, and priority access to future presales inside the Upcoming Tokens portal. An 8% allocation, or 800M tokens, is reserved for staking rewards, with dynamic proportional yields and immediate staking available during presale. Best Wallet Token is trying to turn the wallet from passive infrastructure into your primary yield and access layer. By combining non-custodial security, multi-chain swaps, tracking, staking and curated presales in one app, it targets both crypto natives looking to consolidate tools and newcomers who want a simpler on-ramp with tangible perks. Here’s how to buy $BEST now. With the presale closing tomorrow and a current raise of $17.65M, the timing window is narrow for those looking to enter at the current valuation. If you believe the next wave of adoption will be won at the wallet layer, $BEST is positioned as a direct bet on that thesis. Join the $BEST presale before it ends tomorrow. This article is for informational purposes only and does not constitute financial, investment, or trading advice; always do your own research. Authored by Elena Bistreanu, NewsBTC – https://www.newsbtc.com/news/best-wallet-token-presale-ends-tomorrow-last-chance-before-listings
Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center.
A prominent crypto trader has made a bold move back into Ethereum, stirring attention across digital markets. Reports have disclosed that the account known as “1011short” converted 10 million USDC into Hyperliquid before opening a long position with a five-fold leverage, controlling around $44.15 million in ETH. Related Reading: Bitcoin Faces More Downside After Recent Crash, Data Shows Whale Opens A Massive Ethereum Bet The trade uses 15,000 ETH at an entry price of $2,945, while current market levels sit near $2,896. That puts the position about $38,000 in the red for now. Based on reports, the liquidation point is $2,326, giving the trader a sizable margin to withstand market swings. With leverage in play, profits and losses are both magnified, making the move high-risk but potentially high-reward. Market Momentum Shows Mixed Signals Bitcoin has bounced back to $89,000, gaining 1.37% in the last 24 hours, though it still remains over 20% below last month’s highs. Some altcoins followed the trend upward. These gains helped trigger a wave of liquidations, catching many traders off guard. This #BitcoinOG(1011short) is back! He deposited 10M $USDC into #HyperLiquid 6 hours ago and opened a 5x long on 15,000 $ETH($44.15M)!https://t.co/f54Xo9g6vf pic.twitter.com/wfsyYm5JhS — Lookonchain (@lookonchain) November 25, 2025 Liquidations Surge As Prices Bounce In the last day, leveraged positions worth $337 million were liquidated, reports show. About 112,021 accounts were wiped out in total. The majority of liquidations came from short trades ($233 million), while the total for long trades was ($104 million). One of the largest orders liquidated was on Hyperliquid at $8.61 million BTC-USD. At the end of the day, Bitcoin and Ethereum made up the majority of the liquidations: about $119 million in BTC and about $73.34 million in ETH. This indicates the continued high levels of leverage employed in trades on both of the two largest digital currencies by market capitalization, despite large price fluctuations that have been observed recently. The larger the move in either direction, the more uncertain the trader will be with respect to the timing and extent of their exposure, and thus the potential for loss exists for both bears and bulls. Institutional Accumulation Continues Meanwhle, Nasdaq-listed BitMine Immersion Technologies expanded its ETH holdings last week by 69,822 coins, bringing its total to 3.63 million ETH — about 3% of circulating supply. The company also reported 192 BTC, $38 million in Worldcoin, and $800 million in cash. CryptoQuant data indicate unrealized losses of roughly $3.4 billion on its ETH treasury, reflecting market dips. Related Reading: Bitcoin’s Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst A Clear Picture Of Caution And Opportunity Large wallets and corporate treasuries buying ETH suggest cautious optimism among big players. Recent rebounds did not go well for many short positions, showing that volatility can strike quickly. Traders will likely watch key levels closely, as moves near large whales’ entry and liquidation points can spark fresh swings. Featured image from Gemini, chart from TradingView
Ark Invest founder Cathie Wood said liquidity tightening in AI and crypto sectors may reverse in the coming weeks, with markets seeming to anticipate this shift. Her firm has been buying dips in crypto-linked companies including Block , Coinbase , Robinhood , along with building exposure to Circle and Bullish. Wood remains optimistic, viewing AI’s growth as a …
Total XRP ETF assets crossed $628 million, absorbing nearly 80 million tokens in 24 hours, making for a stronger initial response than Solana’s ETF debut earlier this year.
Ripple, the leading financial technology company specialising in blockchain-based payment solutions, has scored one of its biggest wins of the year. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has officially approved Ripple’s USD-backed stablecoin RLUSD as a Fiat-Referenced Token for use within the Abu Dhabi Global Market (ADGM). Ripple RLUSD Stablecoin Gains ADGM Approval According …
Ethereum co-founder Vitalik Buterin donated 128 ETH (roughly $380,000 each) to Session and SimpleX Chat, encrypted messaging apps that prioritize permissionless accounts and metadata privacy. These platforms skip phone numbers and central servers to fight surveillance, like the EU’s Chat Control push. Buterin’s support spotlights the need for decentralized tools that truly protect user data …
Kevin Hassett, head of the White House National Economic Council, has suddenly become the market’s base case for the next Fed chair – and crypto investors are already gaming out what a “Hassett Fed” would mean. According to Bloomberg-sourced reporting, Hassett has “emerged as the frontrunner” for President Donald Trump’s choice to lead the Federal Reserve, seen as the candidate most aligned with Trump’s preference for lower interest rates. Earlier disclosures showed Hassett previously served as an adviser to Coinbase and holds at least $1 million in Coinbase stock. How Will Hassett Impact The Crypto Market? For crypto allocators, that combination of macro dovishness and direct exposure to a major US exchange is the core of the bull case. Bitwise senior investment strategist Juan Leon put it bluntly on X: “If Kevin Hassett becomes Fed Chair, the implications for crypto are strongly bullish.” He calls Hassett an “aggressive ‘dove’ who has publicly criticized current rates for being too high and advocated for deeper, faster cuts,” highlighting that he “served on Coinbase’s advisory board and owns large stake in COIN,” and that he “led the White House digital asset working group to shape pro-crypto regulation.” Related Reading: Crypto Has Entered Late-Cycle Territory, Says Global Liquidity Veteran But the potential Hassett regime cannot be separated from Treasury Secretary Scott Bessent’s emerging blueprint for the Fed. Bessent has been openly questioning the post-crisis operating framework. As Walter Bloomberg relayed from his CNBC appearance, “BESSENT ON FED: ‘AMPLE RESERVES REGIME’ MIGHT BE FRAYING.” Forward Guidance host Felix Jauvin summarized the direction of travel in a post: “Bessent wants a fed chair that gets us out of balance sheet shenanigans and simplifying things to how they were pre-ample regime. Dovish FFR, hawkish balance sheet.” He added: “I don’t know if I can emphasize enough just how far away we are from any sort of QE copium.” That framing matters for crypto. A Hassett Fed that cuts the policy rate faster in downturns is one thing; a return to full-blown quantitative easing is another. A “dovish FFR, hawkish balance sheet” mix would still be a friendlier macro environment than the post-2022 tightening cycle, but it is not a guaranteed repeat of the 2020–2021 liquidity wave that lifted every risk asset simultaneously. Rate cuts without large-scale asset purchases support risk appetite and lower discount rates, yet they do not automatically recreate the extreme “everything rally” conditions that many in crypto implicitly associate with Fed dovishness. The political logic behind Hassett’s rise has been described most clearly by macro commentator EndGame Macro (@onechancefreedm). In a thread, he argues that “Hassett isn’t leading because he’s the most academic or the most central bankerish. He’s leading because he checks the boxes Trump actually cares about.” Related Reading: Latest Crypto Crash Wipes $1 Billion Off Trump Family’s Wealth Trump, he writes, wants someone he already trusts, who has “spent years defending Trump publicly,” and who has been “openly critical of the Fed for being too slow, too cautious, and too political.” In that framework, “markets hear dovish. Trump hears I can deliver growth again. And crypto folks hear one of us.” Markets are starting to agree. On Polymarket, contracts tracking the Fed chair race show Hassett around 53% at press time, reinforcing that shift from speculation to probabilistic base case. Whether that translates into a genuine “explosion” in crypto will depend less on personalities than on the interaction of three forces: how aggressively a Hassett Fed actually cuts, how far Bessent is willing to go in shrinking or simplifying the balance sheet, and how markets reassess inflation, term premia and fiscal risk under a more overtly political central bank. The odds market is signaling that crypto is moving closer to the center of US monetary power. The scale of any move in 2026 will be determined by the cycle – and by how a Hassett-led Fed balances “dovish rates” with “hawkish balance sheet” in practice. At press time, the total crypto market cap stood at $2.96 trillion. Featured image created with DALL.E, chart from TradingView.com
Grayscale has officially moved to bring privacy coins to Wall Street by launching the first spot Zcash ETF in the United States by converting its existing Zcash Trust. This is the same approach the company used with its Bitcoin Trust, which became the first U.S. Bitcoin spot ETF in 2024. Here are the key details …