The future of digital finance just took a major leap — and it’s coming from Wall Street itself. JPMorgan Chase has officially launched its blockchain-based deposit token, JPM Coin (JPMD), marking a bold move in how traditional banks are adopting blockchain technology. With transactions settling in seconds, 24/7, JPM Coin allows institutions to move money …
Coinbase has officially launched Coinbase Business in Singapore, expanding its services to startups and small-to-medium enterprises. In partnership with Standard Chartered, the new platform allows real-time Singapore dollar transfers and instant settlements using stablecoins like USDC and XSGD. The move marks Coinbase’s first international business expansion outside the United States, signaling a major step toward …
According to Bloomberg, JPMorgan has officially launched its deposit token, JPM Coin, marking a major step in institutional blockchain adoption. The token represents U.S. dollar deposits held at the bank and enables 24/7 real-time transfers via Base, Coinbase’s public blockchain. Early participants in the pilot include Mastercard, Coinbase, and B2C2, with Coinbase reportedly set to …
Bitcoin traders are bracing for fresh U.S. inflation data that could steer Federal Reserve policy and dictate the market’s next major move.
The United Arab Emirates' central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC from the LuBian Bitcoin mining pool in December 2020, constituting one of the most substantial crypto heists in history. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point The Chinese National Computer Virus Emergency Response Center suggests that this large-scale hack was likely a planned “state-level hacker operation” orchestrated by the US. The agency points to the discreet and delayed movement of the stolen Bitcoin as indicative of governmental involvement rather than typical criminal behavior. The report further links the Bitcoin from LuBian, a former Bitcoin mining firm, to tokens seized by the US government, which authorities claim are linked to Chen Zhi, the chairman of the Cambodian conglomerate Prince Group. Chen Zhi had been accused by the US of participating in a wire-fraud conspiracy and running a money-laundering scheme in October. Notably, details on when and how the Bitcoin was confiscated by the US remain undisclosed. The narrative put forth in the report suggests that the US government might have employed hacking tactics as early as 2020 to appropriate the 127,000 Bitcoin associated with Chen Zhi, characterizing the operation as an example of a “black eats black” maneuver orchestrated by a state-level hacking entity. Bitcoin Forfeiture Fallout Federal prosecutors involved in the Chen case have refrained from disclosing the methods used to gain control of the Bitcoin, following the Department of Justice’s civil forfeiture complaint seizing the 127,271 BTC, which stands as the most substantial forfeiture action undertaken by the US government. Recent statements from the Chinese government have highlighted a growing trend of accusing the American government of engaging in hacking activities. Related Reading: Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins Earlier this year, China asserted that the US exploited vulnerabilities in Microsoft Exchange servers to target Chinese companies. Just last month, China alleged that it possessed undeniable evidence of a US cyber attack on the National Time Service Center. In response to the allegations, a lawyer representing Chen Zhi has filed a request for additional time in a US court to allow for tracing of the stolen BTC from LuBian. The attorney, Matthew L. Schwartz has criticized the government’s claims against Chen as being “seriously misguided.” Schwartz, who serves as counsel to Mr. Chen and the Prince Group, stated that they are collaborating with cryptocurrency experts to trace the Bitcoin seized over a year ago and stolen back in 2020. T At the time of writing, BTC was trading at $102,550, recording losses of 3% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
The negotiations, which began earlier this year and progressed to an exclusivity agreement in October, were expected to value BVNK between $1.5 billion and $2.5 billion.
Following the completion of the deal, Tether is expected to become the largest shareholder of VCI Global through its Oobit stake.
Reports have surfaced that Pi Network is joining the ISO 20022 standardization race, a move that could position it alongside blockchain payment leaders Ripple (XRP) and Stellar (XLM). With the global ISO 20022 cutover deadline set for November 22, 2025, Pi Network now faces both opportunity and pressure to meet compliance standards shared by the …
November 12, 2025 06:17:17 UTC SEC Approves Canary Capital’s XRP ETF Listing on Nasdaq The U.S. SEC has approved Canary Capital’s XRP ETF, which will list on Nasdaq this Thursday. The fund will track the XRP-USD CCIXber Reference Rate Index, charge a 0.50% management fee, and hold custody with Gemini and BitGo. Ahead of the …
Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for institutional investors.
The token's ability to defend the $2.39–$2.41 range will determine if it rebounds or faces further declines.
Institutional interest in Bitcoin ETFs signals growing mainstream acceptance and potential stabilization in the crypto market landscape.
The post US Bitcoin ETFs see $524M inflow as BlackRock and Fidelity lead gains appeared first on Crypto Briefing.
Dogecoin struggled to rise above $0.1850 and corrected some gains against the US Dollar. DOGE is now consolidating and might find bids near 0.1680. DOGE price started a fresh downside correction below $0.180. The price is trading below the $0.1780 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1750 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1680. Dogecoin Price Starts Another Pullback Dogecoin price started a fresh increase after it settled above $0.1650, like Bitcoin and Ethereum. DOGE climbed above the $0.1750 resistance to enter a positive zone. The bulls were able to push the price above $0.1800. A high was formed at $0.1859 and the price is now correcting gains. There was a move toward the 50% Fib retracement level of the upward move from the $0.1568 swing low to the $0.1859 high. Besides, there was a break below a key bullish trend line with support at $0.1750 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.1780 level and the 100-hourly simple moving average. If there is another increase, immediate resistance on the upside is near the $0.1760 level. The first major resistance for the bulls could be near the $0.180 level. The next major resistance is near the $0.1850 level. A close above the $0.1850 resistance might send the price toward $0.1920. Any more gains might send the price toward $0.20. The next major stop for the bulls might be $0.2120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.180 level, it could continue to move down. Initial support on the downside is near the $0.1715 level. The next major support is near the $0.170 level. The main support sits at $0.1680 and the 61.8% Fib retracement level of the upward move from the $0.1568 swing low to the $0.1859 high. If there is a downside break below the $0.1680 support, the price could decline further. In the stated case, the price might slide toward the $0.1565 level or even $0.1520 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1700 and $0.1680. Major Resistance Levels – $0.1800 and $0.1850.
Canary Capital filed formal paperwork on Monday that could let an XRP-backed ETF start trading on Nasdaq within days. According to the filing, Canary submitted a Form 8-A to the US Securities and Exchange Commission on November 10, 2025, a move that registers the fund’s shares under the Exchange Act and begins a regulatory clock that can lead to a listing if no objections are raised. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming Nasdaq Listing Moves Into Final Steps Based on reports, the shares are expected to trade under the ticker XRPC once Nasdaq completes its listing approval and the regulatory waiting period runs its course. The S-1 prospectus filed earlier says the trust’s shares are expected to be listed for trading subject to notice of issuance on the Nasdaq Stock Market. Market players say a key legal mechanism is now in motion. Canary removed a delaying amendment from its S-1, which triggers a 20-day countdown to automatic effectiveness unless the SEC acts. That change has led some issuers to target a November 13 listing date, though final sign-off by Nasdaq and any SEC comments could shift that plan. CEO Steven McClurg at Canary Capital on XRPETF.. #XRP pic.twitter.com/2UnDKdvc4R — RIZ.. ???????? ???????? (@RizXRP) November 10, 2025 Canary Capital CEO Steven McClurg said the XRP ETF could potentially double the gains Solana saw in its first week. He pointed to strong interest in XRP, reflected in its market capitalization and trading activity. Fund Details And Fees Reports have disclosed some of the fund’s basic terms. The Canary product lists a management fee of 0.50% and names custodians that are already familiar in crypto ETF work, including Gemini Trust Company and BitGo Trust Company. The trust also names US Bank as the cash custodian and US Bancorp Fund Services in an administrative role, according to market write-ups. The background numbers help frame the potential scale. According to earlier SEC filings, as of October 8, 2025, the aggregate market value of XRP was about $173 billion, which placed XRP among the top five digital assets by market cap at that date. That size is one reason multiple issuers have pushed to bring XRP into ETF wrappers. At the time of writing, XRP’s market cap stood at a little over $146 billion. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say Market Reaction And What To Watch Price action already reacted. Reports show XRP moved sharply higher around news of the filings, with some outlets noting intraday gains as large as 8% on the rumor and filing flow. Traders will look for actual listing notices and early volume numbers once trading starts. However, when this report was made, the altcoin has shed 3.5% in the last 24 hours. Featured image from Unsplash, chart from TradingView
Bitwise’s spot Chainlink ETF has appeared on the Depository Trust and Clearing Corporation’s registry, a sign that it could launch in the near future.
Hopes for a December interest rate cut have dwindled due to growing internal conflict among Federal Reserve officials over the decision.
The U.S. Senate has passed a bill to end the government shutdown, and the House is expected to move quickly to approve it. Once the bill reaches the President’s desk, federal operations will reopen, a move that could inject new liquidity into global markets. The U.S. Treasury General Account (TGA) balance has swelled to over …
XRP price started a decent increase above $2.50. The price is now correcting some gains might aim for another increase if it stays above the $2.320 level. XRP price started a downside correction from the $2.580 zone. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.50. XRP Price Trims Some Gains XRP price started a decent upward move above $2.420 and $2.50, like Bitcoin and Ethereum. The price gained pace for a clear move above the $2.550 resistance. A high was formed at $2.580 and the price started a downside correction. There was a move below the $2.50 level. The price dipped below the 50% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. The price is now trading near $2.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.450 level. There is also a short-term bearish trend line forming with resistance at $2.440 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.50 level, above which the price could rise and test $2.550. A clear move above the $2.550 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.680 resistance. The next major hurdle for the bulls might be near $2.750. More Losses? If XRP fails to clear the $2.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.3650 level or the 61.8% Fib retracement level of the upward move from the $2.240 swing low to the $2.580 high. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward $2.250. The next major support sits near the $2.20 zone, below which the price could continue lower toward $2.120. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.3650 and $2.320. Major Resistance Levels – $2.450 and $2.50.
Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading: Ethereum (ETH) Reclaims $3,500 Amid Market Rebound, Analysts Forecast December Take-Off SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed by over 87% to $0.50. However, the early November pullback sent the price below the local range and to seven-month low levels. Last week, SUI closed below the $2.00 barrier for the first time since April, briefly retesting the $1.80 area. After bouncing from this zone, the altcoin surged above $2.00, retesting this level as support over the weekend. As a result, SUI’s price started the new week reaching a one-week high of $2.20 on Monday, before retracing alongside most of the market on Tuesday morning. Amid its recovery, analyst Ali Martinez recently highlighted that the TD Sequential indicator flashed a buy signal for the cryptocurrency, suggesting that the bottom could be in and a rally to higher levels is next. The analyst later confirmed the buy signal, adding that “sustained buying pressure here could push it to $3 or even $4.” Adding to the potential momentum, the Sui Network announced a partnership between the exchange Crypto.com and the Sui Foundation, the organization behind the adoption and advancement of the ecosystem. According to the announcement, the exchange has launched regulated custody and liquidity support for SUI, giving institutions’ clients “a secure, compliant way to store, manage, and access deep liquidity for SUI.” Downtrend Breakout Eyes 50% Rally Offering a broader outlook, market watcher Daan Crypto Trades noted that the cryptocurrency continues to trade within its big higher timeframe (HT) area, currently retesting a make-or-break zone. Notably, SUI has been hovering between the $2.00-$4.00 levels for most of the cycle, with the range’s lower boundary serving as a major support zone since late 2024. Now, the price “is holding initially on this higher low,” but must show short-term strength to break out from this area. Per the post, the altcoin has also broken out of its one-month diagonal resistance, which could send the price back to pre-November pullback levels. Currently, SUI’s price is retesting the downtrend line as support, which could turn the correction into a deviation and propel a move back above $2.30. “That’d be a solid sign of strength for me that this might be due for a larger reversal,” the trader added. Similarly, analyst Crypto Kaleo highlighted the recent performance, affirming that “when SUI breaks out of a major downtrend, it rips.” Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? As he pointed out, the cryptocurrency broke out of similar downtrends during the May and July rallies, soaring more than 50% within a week. Therefore, if the altcoin holds the current levels, its price could jump to the $3.00 barrier in the short term. Nonetheless, he warned that the two previous breakouts also saw some volatility after the initial move, suggesting another retest of the downtrend line could happen before the next leg up. As of this writing, SUI is trading at $2.07, a 3.8% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The DTCC listing of Bitwise's Chainlink ETF signals growing institutional interest and potential mainstream adoption of decentralized finance.
The post Bitwise Chainlink ETF now listed on DTCC website under ticker CLNK appeared first on Crypto Briefing.
The upcoming XRP spot ETF is shaping up to be one of the most anticipated launches in the crypto market this quarter. Canary Capital CEO Steven McClurg previously said that the product could outperform Solana’s ETF success, potentially doubling its impact and pulling in as much as $5 billion in inflows during its first month. …
Sonic Labs' strategic pivot to a fundamentals-driven model may enhance long-term ecosystem resilience and attract sustainable developer engagement.
The post Sonic Labs shifts focus to fundamentals with token-driven growth model appeared first on Crypto Briefing.
Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support. Ethereum started a fresh decline after it failed to stay above $3,620. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,360 zone. Ethereum Price Dips Again Ethereum price started a recovery wave above $3,400 and $3,550, like Bitcoin. ETH price was able to climb above the $3,600 and $3,620 resistance levels. However, the bears remained active near the $3,650 zone. A high was formed at $3,658 and the price started a downside correction. There was a move below the $3,550 level. There was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH/USD. The price tested the 50% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,500 level. The next key resistance is near the $3,520 level. The first major resistance is near the $3,550 level. A clear move above the $3,550 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,800 resistance zone or even $3,880 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,550 resistance, it could start a fresh decline. Initial support on the downside is near the $3,420 level. The first major support sits near the $3,360 zone and the 61.8% Fib retracement level of the upward move from the $3,178 swing low to the $3,658 high. A clear move below the $3,360 support might push the price toward the $3,290 support. Any more losses might send the price toward the $3,220 region in the near term. The next key support sits at $3,175 and $3,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,360 Major Resistance Level – $3,550
Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels. Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000? In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market. If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond. BTC Faces Rejection At Resistance, Support At $105,000 In Focus Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback. Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again. Featured image from Pixabay, chart from Tradingview.com
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.”
Meanwhile, Canary Capital filed the 8-A form for its spot XRP ETF, setting expectations for an official launch later this week.
After two weeks of heavy redemptions, U.S.-listed spot Bitcoin ETFs turned positive again, led by Fidelity and Ark, even as global fund flows remain uneven.
Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $102,500 zone. Bitcoin Price Trims Gains Bitcoin price started a recovery wave above $105,000. BTC recovered above the $105,500 and $106,000 resistance levels. However, the bears remained active near the $107,000 zone. A high was formed at $107,400 and the price started a fresh decline. There was a drop below the $105,500 and $105,000 levels. The price dipped below the 50% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. Besides, there was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $105,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $104,000 level. The first key resistance is near the $104,750 level. The next resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance. Any more gains might send the price toward the $107,500 level. The next barrier for the bulls could be $108,800 and $109,500. More Losses In BTC? If Bitcoin fails to rise above the $105,000 resistance zone, it could start another decline. Immediate support is near the $102,800 level. The first major support is near the $102,400 level and the 61.8% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. The next support is now near the $101,200 zone. Any more losses might send the price toward the $100,200 support in the near term. The main support sits at $100,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $102,500, followed by $101,200. Major Resistance Levels – $104,000 and $105,000.