Из жизни альткоинов

Сооснователь Эфириума Виталик Бутерин заявил, что децентрализованные финансы (DeFi) становятся надежной альтернативой традиционной банковской системе, поскольку они тоже используются для сохранения сбережений.

Наиболее простой способ заработать — купить или продать криптовалюту, когда она находится в восходящем или нисходящем тренде. Однако, не всегда ясно как его определить. И здесь поможет индекс фрактальной размерности (FDI).

Coinbase has expanded its “Business” platform beyond the US with its Singapore launch, with Standard Chartered as the banking partner.

Coinbase Business Launches Outside The US For The First Time

As announced in a blog post, cryptocurrency exchange Coinbase has rolled out “Coinbase Business” in Singapore. Coinbase Business is the exchange’s segment geared at startups and small businesses, advertised as an “all-in-one financial platform.”

“In a world that moves at the speed of the internet, traditional finance is simply too slow and too expensive,” said Coinbase. “That’s the problem Coinbase Business is built to solve.” With the service, businesses can trade digital assets directly from their operating accounts and send out cheap global payouts in USDC, among other offerings.

Previously, this service was only available in the US, Coinbase’s home country, but with this launch, it’s making its way to an international market for the first time.

“Singapore has always been a beacon of digital innovation and a crucial financial gateway to Asia,” noted the blog post. “Now, the nation’s dynamic ecosystem of startups and Small-to-Medium Businesses (SMBs) can access a modern, compliant, crypto-native operating account designed to eliminate the friction of traditional finance.”

Coinbase Business’ latest expansion will be supported by Standard Chartered, a major British bank that operates a branch in Singapore. Coinbase already has a banking partnership with Standard Chartered in the region since 2023, with the bank facilitating Singapore dollar transfers for the exchange’s retail users. Now, business customers will receive the same service.

For now, Coinbase Business Singapore is only available to businesses that sign up for early access, with it currently unknown when it will become open to all customers.

Standard Chartered has coincidentally made a separate move in Singapore this week. As reported by Bitcoinist, the financial institution has partnered up with DCS Card Center to provide stablecoin settlements to users of the DeCard credit card in the Southeast Asian nation. This particular collaboration is planned to be expanded into other regions eventually.

Bitcoin Has Witnessed A Rebound During The Past Day

Bitcoin recovered above $107,000 on Monday, but Tuesday brought with it a pullback for the cryptocurrency as its price dropped to a low of around $102,500. With Wednesday, however, winds appear to have changed direction once more as BTC is back at $105,000.

The chart below shows the rollercoaster that the asset’s price has gone through over the last few days.

Though while Bitcoin has rebounded, the majority of the liquidations in the cryptocurrency derivatives market have remained on the long side for the past day, as data from CoinGlass shows.

Ethereum (ETH) is trading at a crucial juncture after reclaiming the $3,450 level, showing early signs of stabilization following weeks of volatility. While bulls are slowly regaining ground, upward momentum remains fragile as traders await confirmation of a sustained breakout. The recent bounce has sparked renewed optimism, but Ethereum still faces significant resistance around the $3,600–$3,700 range — a zone that must be reclaimed to confirm a broader trend reversal.

According to CryptoQuant, institutional sentiment remains mixed. The analytics firm reports that Bitmine, one of the major Ethereum market participants, is currently $1.8 billion underwater on its ETH holdings. Despite these unrealized losses, the firm continues to accumulate, suggesting that large players maintain long-term confidence in Ethereum’s trajectory.

The coming days could prove decisive for the crypto market as the US government reopens, restoring the flow of critical macroeconomic data. This shift could influence investor sentiment and liquidity conditions across digital assets. For Ethereum, maintaining support above $3,400 while reclaiming higher levels will be essential to sustain bullish momentum. A favorable macro backdrop and persistent whale accumulation could set the stage for ETH’s next major move.

Bitmine Keeps Accumulating Ethereum Despite Heavy Unrealized Losses

Top analyst Maartunn shared a chart showing Bitmine’s Ethereum balance change, revealing a surprising trend amid market uncertainty. Despite being $1.8 billion underwater on their holdings, Bitmine continues to accumulate aggressively — adding more than 70,000 ETH since the start of November. This steady accumulation, even during a corrective phase, signals long-term conviction in Ethereum’s fundamentals and future growth potential.

Bitmine’s behavior stands in contrast to broader market sentiment, which remains cautious as traders navigate volatility and shifting macroeconomic signals. Many investors have reduced exposure following the recent US government shutdown and delays in key regulatory decisions, creating short-term hesitation across the crypto space. Yet, institutional players like Bitmine appear to be using this environment as an opportunity to build positions at discounted prices.

Historically, such accumulation during periods of uncertainty often precedes significant rebounds once confidence returns. If macro conditions stabilize and risk appetite improves, Ethereum could benefit from the underlying strength being quietly built by large holders.

While short-term volatility remains likely, the ongoing accumulation from entities like Bitmine suggests that the market’s foundation is strengthening — hinting at a potential recovery phase in the weeks ahead.

ETH Tests Long-Term Support as Bulls Defend $3,400 Zone

Ethereum’s weekly chart shows the asset holding above a critical support zone near $3,400, a level that coincides with the 50-week moving average (blue line). After several weeks of consistent selling pressure, ETH appears to be stabilizing, signaling that buyers may be stepping in to defend this key range.

The broader structure suggests that Ethereum remains within a long-term uptrend, with the 100-week (green) and 200-week (red) moving averages continuing to slope upward — a sign that the market’s macro direction is still intact despite recent volatility. The latest pullback, which follows a rejection near $4,400, resembles previous mid-cycle corrections where the price retraced to key moving averages before resuming its upward trend.

For now, the $3,400–$3,300 area acts as a major support zone, while $3,700–$3,900 stands as the next resistance to watch. A weekly close above that range could confirm renewed bullish momentum and open the path toward $4,200–$4,500. Conversely, a breakdown below $3,300 may trigger a deeper correction toward $2,900.

Featured image from ChatGPT, chart from TradingView.com

Morgan Stanley has advised Bitcoin investors to take profits as the world’s largest cryptocurrency enters what analysts are calling its “fall season.”

Related Reading: Standard Chartered Dips Into Stablecoins In Singapore With New Partnership

According to Denny Galindo, an investment strategist at Morgan Stanley Wealth Management, Bitcoin follows a four-year cycle pattern, characterized by three years of gains followed by a year of losses. Speaking on the Crypto Goes Mainstream podcast, Galindo likened the current phase to a harvest period.

“We are in the fall season right now,” he said. “Fall is the time for harvest. So, it’s the time you want to take your gains.” Bitcoin dropped below $99,000 on November 5, falling beneath its 365-day moving average, a move that many analysts view as a technical bear market signal.

Bitcoin Faces Pressure Amid Slowing Liquidity

The decline comes as profit-taking and cooling enthusiasm in AI and tech stocks weigh on broader risk assets.

Bitcoin slipped nearly 3% to around $103,000 after briefly touching $107,000 earlier in the week. Market analysts at CoinSwitch note that immediate support lies between $100,000 and $102,000, while resistance remains near $110,000.

Liquidity conditions have also weakened. Market-maker Wintermute reports that key liquidity sources, including stablecoins, ETFs, and digital asset treasuries, have reached a plateau.

The slowdown could increase volatility as traders unwind leveraged positions. Ethereum fell by over 3.5% to $3,432, while major altcoins like Solana, Cardano, and Hyperliquid recorded losses exceeding 8%, dragging the total crypto market capitalization down 0.6% to $3.52 trillion.

Institutional Adoption Grows Despite Short-Term Risks

Despite the recent pullback, Morgan Stanley remains optimistic about Bitcoin’s long-term role as a macro hedge. Michael Cyprys, head of U.S. brokers and asset managers research at the firm, noted that “institutional investors increasingly view Bitcoin as digital gold and a hedge against inflation.”

Spot Bitcoin ETFs now hold over $137 billion in assets, while Ethereum ETFs account for $22.4 billion, according to SoSoValue data.

Meanwhile, companies like London BTC Company Limited are expanding operations in North America, leveraging renewable energy to sustain mining profitability. Analysts say such developments underscore the maturing structure of the crypto market, even as short-term sentiment cools.

Related Reading: Brazil’s Central Bank Introduces Stricter Crypto Regulations To Combat Scams And Fraud

For now, Morgan Stanley’s message is clear, Bitcoin’s “fall season” has begun, making this an opportune moment for investors to secure profits before potential volatility returns.

Cover image from ChatGPT, BTCUSD chart from Tradingview

The cryptocurrency market has entered a turbulent phase marked by intense selling pressure and heightened fear, as macroeconomic uncertainty weighs heavily on investors. Both Bitcoin (BTC) and Ethereum (ETH) have lost key support levels, signaling that bulls are losing control and that the market has shifted into a corrective phase. However, some analysts argue that this environment represents opportunity rather than collapse — a reset phase that could prepare the ground for stronger long-term growth.

A major catalyst behind the recent market weakness has been the US government shutdown, which introduced significant economic uncertainty. The halt raised global concerns about volatility and delayed crucial regulatory progress, including decisions on Bitcoin and Ethereum ETF approvals. With official data on inflation and employment temporarily frozen, the Federal Reserve faced increased difficulty in guiding monetary policy, adding to investor hesitation.

Despite this challenging backdrop, Bitcoin and Ethereum continue to demonstrate resilience. Yet, the unstable political environment and disruption in financial regulation have amplified risk perception across digital assets. For now, the crypto market remains in a fragile equilibrium, caught between fear-driven selling and opportunistic accumulation as traders and institutions await clarity on both policy direction and macroeconomic recovery.

Crypto Market Growth Stalls as Uncertainty Takes Hold

According to a recent report by CryptoQuant analyst GugaOnChain, the cryptocurrency market has experienced a sharp deceleration in growth over the past month, reflecting mounting investor caution amid macroeconomic uncertainty.

The analysis of the Market Cap Growth Rate (MA Gap Ratio between 30-day and 365-day averages) revealed a steep slowdown between October 1 and November 10, resulting in an aggregate market capitalization loss of approximately $408 billion, according to the on-chain Market Cap Comparison indicator.

Bitcoin (BTC), while remaining relatively resilient, saw its growth rate decline from 16.75% on October 1 to 6.60% by November 10. The top 20 digital assets, excluding BTC, also experienced a significant slowdown, with their collective growth rate falling from 32.29% to 14.67% in the same period. The most severe impact was observed in mid- and small-cap assets, whose growth rate collapsed from 18.57% to a near standstill at 0.21% — a clear signal of fading market momentum and risk appetite.

The compression across all segments highlights how the absence of macroeconomic data, coupled with regulatory delays due to the US government shutdown, has heightened uncertainty. While Bitcoin continues to hold elevated levels, the broader market remains fragile.

CryptoQuant analysts conclude that a sustained recovery depends on policy clarity and the return of economic data flow. The resumption of government activities, inflation reports, and potential ETF updates could help restore investor confidence and reignite growth across the digital asset landscape.

Crypto Market Cap Tests Crucial Support Amid Broad Slowdown

The total cryptocurrency market capitalization currently stands around $3.48 trillion, showing signs of stabilization after weeks of persistent selling pressure. As seen in the chart, the market is consolidating near the 50-week moving average, a level that has historically acted as a crucial support zone during mid-cycle corrections. A decisive close above this area could signal resilience, while a breakdown below it may open the door for deeper retracements toward the $3.2 trillion region.

From a structural standpoint, the broader market remains in an uptrend, but momentum has clearly weakened since the late-September peak near $4.2 trillion. The declining volume over the past few weeks reinforces this cooling phase, suggesting that market participants are adopting a cautious stance amid macroeconomic and regulatory uncertainty.

Bitcoin’s relative stability above $100,000 has helped prevent a steeper market-wide correction, but the weakness in altcoins continues to weigh on aggregate valuations. If liquidity and investor sentiment improve, the market could attempt a recovery back toward $3.8–$4 trillion in the coming weeks.

However, sustained macro uncertainty or prolonged consolidation in Bitcoin could extend this period of stagnation, keeping total crypto capitalization trapped within the current range for the remainder of Q4 2025.

Featured image from ChatGPT, chart from TradingView.com

Bitwise’s proposed Chainlink exchange-traded fund (ETF) has moved a step closer to launch after being added to the Depository Trust & Clearing Corporation (DTCC) registry under the ticker CLNK.

The listing, marked as both active and pre-launch, indicates that preparations are underway for its debut once the U.S. Securities and Exchange Commission (SEC) grants final approval.

DTCC Listing Sparks Optimism for Chainlink ETF Approval

While DTCC listings do not guarantee regulatory clearance, they often precede official approval. The ETF aims to track Chainlink (LINK), the native token that powers Chainlink’s decentralized oracle network, connecting smart contracts to real-world data feeds.

This marks a major milestone for Bitwise, one of America’s leading crypto asset managers, which filed its Form S-1 with the SEC in August and is expected to follow up with Form 8-A, the last step before the ETF can trade on U.S. exchanges.

The progress comes amid a prolonged U.S. government shutdown, now in its sixth week, which has stalled dozens of pending crypto ETF applications. However, optimism is growing after the Senate passed a bill to reopen government operations, potentially expediting long-delayed ETF reviews.

Chainlink’s Expanding Institutional Footprint

If approved, the Bitwise Chainlink ETF would become the first U.S. fund offering institutional exposure to a decentralized oracle network, a critical infrastructure in the decentralized finance (DeFi) ecosystem.

Chainlink provides real-time, tamper-proof data to smart contracts, enabling the automation of payments, lending, and asset management across blockchain platforms.

Analysts suggest that such an ETF could not only expand investor access to LINK but also solidify Chainlink’s position as a cornerstone of Web3 infrastructure.

The move follows Bitwise’s growing portfolio of altcoin ETFs, including funds tracking Solana, XRP, Dogecoin, and Aptos, while competitors like Grayscale are also seeking approval for a similar Chainlink ETF that includes staking features, a structure that may face additional regulatory hurdles.

Market Reactions and the Road Ahead

Despite the bullish regulatory signal, LINK prices slipped 2%, trading around $15.75 after failing to hold above the $17.40 resistance level. Analysts note that broader crypto market weakness and heavy derivatives sell-offs have overshadowed the positive ETF news.

Still, industry observers see the DTCC listing as a key sign of maturing infrastructure for crypto-based financial products.

Once the U.S. government fully reopens and the SEC resumes full operations, the Bitwise Chainlink ETF (CLNK) could lead a new wave of altcoin ETFs into the U.S. market, supporting the growing institutional appetite for blockchain-linked assets and bringing DeFi innovation closer to Wall Street.

Cover image from ChatGPT, LINKUSD chart from Tradingview

The United Arab Emirates has taken a clear step into live testing of a central bank digital currency. A UAE government transfer using a digital dirham took place this week, and officials say the payment settled in less than two minutes. This marks the first recorded transaction in the nation’s pilot program.

UAE Gov’t Transaction Marks Test

According to government and industry reports, the transfer was carried out by the Central Bank of the UAE alongside the Ministry of Finance and the Dubai Department of Finance.

The payment used the mBridge platform, a system designed to link multiple central bank digital currencies. The move was limited to federal and Dubai entities, not to banks or the general public.

Reports have disclosed that the transaction was handled end-to-end in under two minutes, a speed that officials highlighted as proof of technical readiness.

Today, Ministry of Finance & Dubai Finance marked a pivotal milestone in the history of government financial transformation in the UAE, as we executed the first government transaction using the Digital Dirham issued by the Central Bank of the UAE, representing the future of the… pic.twitter.com/gYRiTC1Euh

— Maktoum Bin Mohammed (@MaktoumMohammed) November 11, 2025

Built On A Multi-Central Bank Network

Based on reports, mBridge was chosen because it can connect several central banks and support cross-border settlement. The UAE’s choice signals an intent to test interoperability, not just a domestic ledger.

Some experts say this model could make it easier for central banks to settle with each other without routing everything through correspondent banks. A small test does not mean mass rollout. But the system was tested in a live setting, which moves it past lab trials and into operational territory, according to reports.

What The Pilot Covered

The pilot right now is narrow. It focused on payment flow between government accounts and on how settlements are recorded. Transaction monitoring, privacy safeguards, and operational controls were part of the checks.

Based on reports, authorities also monitored speed, finality, and system stability. No retail wallets or merchants were involved in this stage. The pilot was described as one step in a staged plan that will expand if the tests meet the central bank’s benchmarks.

What Comes Next For The Digital Dirham

According to public statements and media coverage, the Central Bank has indicated a phased approach toward broader use, with some earlier timelines pointing to a possible wider launch in Q4 2025.

If the authorities move forward, future phases could involve private banks, merchant acceptance, and consumer wallets. But regulators will need to resolve questions about privacy, cybersecurity, and how a CBDC will sit alongside existing bank deposits.

Decisions on these issues are likely to shape how quickly the program moves beyond government transfers.

Featured image from Manara Magazine, chart from TradingView

The XRP community might finally have a reason to celebrate as the United States Senate has just voted 60-40 to advance a bill that would reopen the federal government, a major step toward ending the longest shutdown in American history. This vote could be the moment everything changes for the crypto market, and especially for holders.

Now that lawmakers are working to restore government operations, the next outlook is what could come next once the SEC returns to full capacity, and it opens up the question of whether Spot XRP ETFs will soon get approved.

Senate Vote Brings Hope for XRP ETF Decisions

Monday’s 60-40 Senate vote brought a sigh of relief to markets and set the stage for a final House vote as early as Wednesday. The bipartisan measure, if approved, will unlock government funding and allow regulators, including the SEC, to resume their normal operations after more than a month of near standstill.

During the shutdown, SEC staff responsible for reviewing ETF filings were furloughed, effectively freezing dozens of applications from major asset managers. This included those for Dogecoin, Cardano, Solana, and most notably, XRP ETFs, which had already crossed their decision deadlines in October. 

It is important to note that the agency had issued new procedural guidelines for ETF filings shortly before the shutdown to make approvals much easier and faster, but the freeze effectively stalled all progress.

Although there is still work to be done for the shutdown to end, the focus is now on how quickly the SEC will resume its backlog once operations restart. There is enough optimism that the XRP ETF filings, which have witnessed significant public attention, could be among the first to move forward once reviews begin again.

Spot ETFs Waiting For the Green Light

XRP is currently the third biggest cryptocurrency in terms of market cap (minus stablecoin USDT), so it is only natural that it becomes the next cryptocurrency with tradable Spot ETFs in the US market. 

Several major firms have filed for spot XRP ETFs over the past few months, hoping to bring the same level of institutional exposure to the altcoin that Bitcoin and Ethereum are enjoying. Among those in line are Grayscale, Bitwise, 21Shares, and CoinShares. These issuers had expected SEC responses in October, but the government shutdown disrupted the timeline.

There are already different XRP futures and leveraged ETFs available, but they do not cause the same sort of buying pressure as Spot XRP ETFs. Unlike futures-based ETFs, Spot ETFs actually hold the underlying asset, in this case, XRP. That means investors could gain direct exposure through traditional brokerage accounts without holding the tokens themselves. 

The market impact could be massive once these Spot ETFs are approved. Institutional demand flows in once a regulated product becomes available, just as it did with Spot Bitcoin and Ethereum ETFs. Therefore, Spot XRP ETFs will mean a rise in price and liquidity for the cryptocurrency.

Steven McClurg, CEO of Canary Capital, has said that XRP could outperform Solana once its exchange-traded fund (ETF) is launched, particularly in terms of inflows and trading volume. 

In a recent interview, McClurg responded to a question comparing Solana’s strong ETF debut to what might be expected from XRP, stating that the token would probably double what Solana did in its first week of ETF trading. 

His comments are part of a growing confidence in XRP’s institutional positioning among crypto investors as the crypto industry prepares for the next phase of ETF approvals.

XRP’s Institutional Positioning Gives It An Edge Over Solana

McClurg explained that the altcoin’s structure as a financial service will give it a decisive advantage once its ETF goes live. Although XRP’s market capitalization is only about 50% higher than Solana’s, he believes its institutional presence will lead to institutional inflows into its ETFs that could be “100% or even 200% higher” than Solana’s.

He described XRP as an asset that appeals to financial institutions and enterprise investors rather than retail traders, emphasizing that this characteristic will allow its ETF to attract deeper, long-term capital. Solana, by contrast, was described as a token with greater retail exposure, supported mostly by trading activity rather than institutional demand.

To support his outlook, McClurg referred to the performance of the recently launched HBAR ETF, which drew $70 million in inflows within just three days of listing. 

HBAR’s market cap and trading volume are relatively very low compared to other large market cap cryptocurrencies, but it was able to attract notable inflows into its ETF products. McClurg attributed this success to its recognition among enterprise and institutional investors. The altcoin could follow a similar pattern, as both tokens share a reputation for being used within established financial frameworks.

Solana’s ETF Success Sets A Benchmark

Spot XRP ETFs are yet to hit the market, but Solana is already up and running with Spot ETFs from Bitwise and Grayscale. These Spot Solana ETFs are currently on 11 consecutive days of inflows, amounting to $199.21 million in their first week and $136.50 million in the second. 

Although these figures are low compared to how Spot Bitcoin and Ethereum ETFs performed in their first week, they are notable because they come at a period when both Bitcoin and Ethereum are witnessing outflows from their respective ETFs. These highlight the scale of investor appetite for digital asset ETFs and set a high bar for XRP to surpass.

Several funds are expected to launch in November 2025, following their recent listing on the DTCC platform. Canary Capital’s Spot XRP ETF is slated to launch on Nasdaq on November 13th, followed by others from firms like Franklin Templeton, 21Shares, Bitwise, and CoinShares. While DTCC listings confirm the operational infrastructure is in place, the ETFs still require final SEC approval, which is currently being delayed due to the ongoing government shutdown.

As Exchange-Traded Funds (ETFs) gain massive adoption and recognition in the crypto landscape, an XRP Spot ETF is being hyped as the next potential fund. After Solana registered significant capital inflows following its launch, the token is believed to experience a similar success and even beyond.

If Approved, The XRP ETF Will Surpass Solana

Even though an XRP Spot ETF is yet to hit the market, the fund is already gathering robust attention in the broader cryptocurrency sector. Presently, a bold prediction concerning the anticipated fund is shaking up the crypto conversation.

The latest prediction comes from Steven McClurg, the Chief Executive Officer (CEO) of Canary Capital, during his interview with Paul Barron. According to the CEO, an XRP spot ETF would not merely match the recent success of the Solana spot ETF; rather, it is likely to outperform it.

McClurg’s statement underscores his belief that the token might be the next, and possibly larger, institutional gateway, since Solana ETFs have already demonstrated the viability of altcoin-based spot products. When the fund secures approval from the United States Securities and Exchange Commission (US SEC), it is set to be one of the most transformative moments in XRP’s history.

In the interview on the Paul Barron channel, McClurg forecasted that the impending funds would probably double what Solana did in its first week of launch. The CEO points to the altcoin’s liquidity, global utility, and clearer regulatory path, which are fueling his anticipation of major institutional inflows ahead.

To back up his claims, McClurg stated that the altcoin bears similar qualities to HBAR. Compared to both tokens, HBAR’s market cap is low, but the altcoin was able to attract $70 million in ETF inflows in a three-day window after its launch. This was driven by its institutional recognition and the ideal type of interest, which XRP also has. With XRP already ahead of SOL by 50%, this could give it an edge over SOL.

While SOL is often seen as a retail token, XRP is more of a financial services, enterprise, and institutional token. Adding all of these features to an ETF would lead to 100% or 200% of SOL ETFs’ capital inflows for the altcoin.

Futures And Spot Volumes Are On The Rise

Given the bullish performance of the XRP ETF futures and spot, McClurg’s forecast is not far off. Data from X Finance Bull, a web3 enthusiast, shows that the futures and spot are printing green across the market, indicating a dramatic change in momentum as institutional funds start to return to the asset.

There is now over $840 million in Asset Under Management (AUM) flowing into active XRP-based ETFs after months of uncertainty and sideways trading. These funds, which provide utility to the market, were previously criticized following their introduction. However, it is the utility that is currently performing better in the sector.

X Finance Bull has also showcased his robust conviction and expectations toward the XRP spot ETFs. The pundit claims that the impending fund will attract billions to trillions in trading volume if it wins approval from the US SEC.

A technical debate erupted on X after on-chain analyst Willy Woo published what he called a “DUMMIES GUIDE TO BEING QUANTUM SAFE,” urging Bitcoin holders to migrate coins away from Taproot addresses (bc1p) to SegWit bc1q or older P2PKH/P2SH formats and to avoid spending until post-quantum protections are available.

How To Make Bitcoin “Quantum-Safe”

“In the past it was about protecting your PRIVATE KEY (your seed phrase). In the age of big scary quantum computers (BSQC) that are coming, you need to protect your PUBLIC KEY also. Basically a BSQC can figure out your private key from a public key. The present day taproot addresses (the latest format) are NOT safe, these are addresses starting with “bc1p” and they embed the public key into the address, not good,” Woo wrote on Nov. 11.

His argument hinges on a well-understood distinction in Bitcoin script types: Taproot (P2TR) encodes a public key directly in the output and address, while legacy formats like P2PKH/P2SH and SegWit P2WPKH hash the public key and reveal it only when coins are spent. That architectural difference matters in a future where a sufficiently powerful quantum computer could derive a private key from a revealed public key. Independent references note that P2TR indeed carries a public key in the output, whereas P2PKH conceals it until spend time.

Woo’s interim playbook is blunt: move UTXOs to bc1q (or “1”/“3”) addresses, continue receiving to that address, but “NEVER send BTC out of it” until Bitcoin ships a quantum-resistant upgrade—at which point holders should move during low congestion, minimizing the window in which a public key is exposed in the mempool: “Send your BTC into the new quantum safe address when the network is NOT congested, once you send, you reveal the private key for a short time. It’s unlikely a BSQC will steal your coins in that short window.”

He also warned that P2PK “Satoshi-era” outputs are most at risk and suggested that lost coins with prior spending history could be vulnerable. “Satoshi’s 1M coins using an ancient P2PK address will be stolen (unless a future softfork freezes them),” he wrote, adding that ETFs, treasuries, and exchange cold storage “can be quantum resistant if the custodians take action” well before any soft fork.

Woo characterized industry expectations as “2030 onwards” for the arrival of “Q-Day,” while stressing that standards for quantum resistance are already rolling out across the wider cryptography space.

Former Bitcoin Core maintainer Jonas Schnelli agreed with the hygiene but pushed back on the framing. He called Woo’s plan a prudent mitigation for unspent coins—“P2PKH gives you years of protection while Taproot exposes your pubkey immediately”—yet rejected the term “quantum safe.”

In Schnelli’s view, the moment any spend is broadcast, “your pubkey hits the mempool. A quantum attacker could crack your key and RBF double-spend before your transaction confirms (~10 minutes).” He concluded: “It’s a smart precaution, not a permanent solution.”

At press time, BTC traded at $104,693.

Комиссия по ценным бумагам и биржам США (SEC) подготовила проект руководства по классификации криптоактивов, основанного на тесте Хауи. Ведомство хочет наконец прояснить, какие цифровые активы считаются ценными бумагами, а какие товарами, заявил председатель SEC Пол Аткинс (Paul Atkins).

Asset manager Canary Capital is set to launch its XRP ETF after completing the final step of the application process. This development comes despite the U.S. government shutdown, which has delayed the other XRP ETFs to date. 

Canary XRP ETF Prepares For Launch With Form 8-A Filing 

The Canary XRP ETF is set to launch following the asset manager’s Form 8-A filing with the SEC. The filing shows that the firm has gotten approval from the Nasdaq to list shares of its fund on the stock exchange. This comes after Canary amended its S-1 to remove the delay amendment, enabling its XRP ETF to launch pending approval from Nasdaq, which it has now secured. 

The Canary XRP ETF is expected to go live tomorrow, according to journalist Eleanor Terrett. The fund will become effective today upon Nasdaq’s certification of its listing. With this, Canary’s XRP fund will become the first ‘33 Act XRP ETF to launch, making it the first to provide 10% spot exposure to XRP. 

Notably, the U.S. government shutdown had delayed the launch of Canary’s XRP ETF and other pending crypto ETFs, which could have gotten the SEC’s approval as early as last month. However, since the SEC hasn’t been able to make their registration statements effective, these fund issuers have taken this route of removing the delay amendment in order to gain auto-effective approval. 

Bitwise and Grayscale have also amended the S-1 for their applications and could launch soon after Canary’s fund goes live. Moreover, the U.S. government shutdown is set to end this week, potentially allowing the SEC to approve the pending fund applications as early as next week. 

The Industry Has Come A Long Way

Market expert Nate Geraci highlighted how the crypto industry has come a long way with the imminent launch of the Canary XRP ETF. He noted that just over a year ago, the SEC appealed the court’s decision that the altcoin did not meet the legal definition of a security. Now, the first ‘33 Act spot XRP ETF is set to launch with the commission’s blessing. 

In line with this, Geraci described the crypto regulatory shift over the past year as night and day. The funds are expected to record strong demand upon their launch. Geraci had previously alluded to the demand for the CME XRP futures and futures XRP ETFs as evidence that these spot funds will see strong inflows. Canary Capital CEO Steven McClurg has predicted that funds could see up to $10 billion in inflows in their first month. 

At the time of writing, the XRP price is trading at around $2.39, down over 4% in the last 24 hours, according to data from CoinMarketCap.

Ethereum’s recent price action is now being met with robust investor action, especially those on centralized exchanges. As ETH slowly recovers from its pullback, a significant portion of the leading altcoin held on crypto exchanges is leaving these platforms, reducing the risk of a sell-off.

A Steady Drop in Ethereum Exchange Balances

In the midst of fluctuating price actions, Ethereum investors are exhibiting a trend that is becoming nearly impossible to ignore. On-chain data shows that more ETH is subtly slipping out of the hands of cryptocurrency exchanges. According to the report from Mister Crypto, a market expert and investor, the supply of ETH on centralized platforms has been on a downward trend for some time. Although the price of ETH surged to a new all-time high, the metric was still trending downward.

In a market where exchange outflows frequently precede supply bottlenecks and positive sentiment, the increasing withdrawals of ETH are telling a powerful tale of confidence, accumulation, and long-term conviction. Another bullish implication of this steady withdrawal from exchanges is the possible reduction of selling pressure.

As investors pull out of exchanges, they are choosing to hold in self-custody, rather than trade their coins or get ready for something greater. The report from Mister Crypto reveals that over 700,000 ETH has been taken from centralized platforms. 

This substantial amount of ETH withdrawals was carried out within a 30-day time frame, reducing liquidity and tightening the available supply. Mister Crypto claims that the steady outflows are bullish for Ethereum, which is likely to trigger price spikes in the short term.

Binance Balance Drops To New Lows

The drop in Ethereum exchange balance is highly evident on Binance, the largest ETH trading platform by volume. Data from Binance, shared by Arab Chain in a quick-take post, shows that the supply on the platform has been in a clear downward trend since mid-year.

Following its peak in June and July, the balance fell dramatically through November to the 0.0327 level, marking its lowest level since last May. This steady decline in the amount of ETH available on exchanges usually denotes a transfer of coins into private or cold wallets. Such an action is considered a medium to long-term bullish pattern, as the decrease lessens market pressure.

Arab Chain further highlighted that Ethereum’s price peaked in August and September 2025 between $4,500 and $5,000 before declining to $3,500 currently. Interestingly, this price reduction coincided with the drastic drop in supply, implying that after making a profit, traders might have taken their coins to prepare for longer-term holdings.

While a continuation of the trend will decrease liquidity available for sale, it could support the likelihood of price stability and a return to an upside direction, as market risk appeal grows. However, Arab Chain has underlined the importance of continued weak demand or reduced network activity, which could trigger sideways price movements or a decline in the short term.

In general, ETH’s market is now entering a transitional phase, with investors seemingly acquiring and holding, possibly paving the way for a new bull run under fundamental or technical catalysts.

Broadcasting on November 11 from “warm, sunny Colorado,” Cardano founder Charles Hoskinson said he expects RealFi to become the dominant liquidity engine across the Cardano–Midnight stack and push on-chain value to the billion-dollar mark within the next year. “RealFi will be the TVL monster for Cardano and Midnight alike. Billions and billions of dollars,” he said, adding a concrete target: “I want a TVL of over a billion dollars by the end of 2026.”

How Hoskinson Wants To Achieve A $1 Billion Cardano TVL

The pledge situates RealFi—Cardano’s long-trailed push into micro-lending and real-world credit rails—as the centerpiece of a broader liquidity plan that spans Bitcoin inflows, privacy-preserving DeFi on Midnight, and trustless cross-chain settlement.

Hoskinson described Midnight as a fourth-generation crypto platform designed for “rational privacy, selective disclosure, and cooperative economics,” positioning it as a neutral L2-to-everyone that routes identity, compliance and privacy logic off-chain while settling into whichever networks hold users and liquidity. “Midnight’s dream is to be a layer 2 to everyone. You can deploy into Ethereum, you can deploy into Solana, you can deploy into Cardano,” he said.

He tied that architecture directly back to ADA demand and stake-pool economics. “Midnight exists as a smart contract on Cardano […] If Midnight is heavily used, it creates ADA usage,” Hoskinson said. Fees may be abstracted, but “there has to be ADA at the end of the rainbow,” with Midnight’s staking paying the Knight token to SPOs on Cardano so “you make ADA and Knight.” He argued this design increases transaction load on Cardano, broadens listings for Cardano-native assets, and opens “new revenue streams for stake pool operators.”

On interoperability, Hoskinson said the final stage of the Midnight rollout includes a bidirectional recursive-SNARK bridge with Cardano that removes traditional bridge operators. “On the Cardano side, we added BLS support […] both sides will have trustless bridging capability.”

He paired that with performance claims—“5,000 TPS and sub-second block time” for the proof-aggregation role—and fast settlement once Ouroboros Peras lands, framing Midnight as a proof engine and coordination layer that can fold the state of connected chains and return constant-size proofs “validated on a cell phone.”

The liquidity plan extends to Bitcoin and RealFi. On Bitcoin DeFi, Hoskinson said the team has “been able to source more than 24,000 BTC” that could move, while acknowledging the gating items are yield products and finalizing the technology stack. His RealFi comments were unequivocal: the initiative is “going to be a huge [expletive] thing next year,” with smart contracts “being written right now,” and he reiterated the thesis that peer-to-peer micro-lending across Africa, South America and Southeast Asia can anchor on-chain credit flows. “Billions and billions of dollars,” he said.

Midnight’s go-to-market cadence is built around privacy-first DeFi and cross-chain composability. Hoskinson wants privacy-enabled stablecoins and DEXs on Midnight and was explicit about his distaste for centralized, asset-backed stables: “They can be frozen at any time […] That’s not a cryptocurrency.” He pointed to algorithmic, private designs as the preferred path and said oracles and bridges will arrive via decentralized integrations rather than bespoke native rewrites. “When chainlink? […] We can just use a trustless bridge and proofs and trusted execution environments to ferry the information over.”

He also highlighted early traction metrics and community programs designed to accelerate adoption. On Midnight’s scavenger hunt, he claimed “in 21 days, more compute has been expended […] than the first few years of Bitcoin,” with detailed numbers promised at the upcoming Midnight Summit near London. For ecosystem growth, he plans to recruit and pay 500 Midnight ambassadors in 2026, funneling part of their remuneration into Midnight DeFi and targeting “hundreds of thousands of monthly active users” and significant cross-chain transaction flow.

The AMA featured an extended critique of the Cardano Foundation’s governance and incentive structure, which he argued has impeded critical integrations such as stablecoins. “It’s the wrong structure, wrong governance, wrong leadership,” he said, calling for community-elected board oversight and published KPIs. He contrasted that with what he called “tough love” for a maturing protocol: “Cardano’s grown up. It needs to go to college […] You never abandon your children. You just fundamentally change your relationship.”

At press time, ADA traded at $0.59.

Впервые за всю историю эволюции первой криптовалюты ни одно СМИ, ни один эксперт, ни один блогер за весь уходящий год не объявили Биткоин мертвым, объявили эксперты сервисов отслеживания 99Bitcoins и Bitbo.

Декабрь может стать «праздничным месяцем» для биткоина на фоне растущего спроса со стороны крупных инвесторов, заявили опрошенные изданием CoinDeck эксперты крипторынка.

Основатель Jan3 Самсон Моу (Samson Mow) объяснил падение курса биткоина действиями новых инвесторов, которые спешат продать криптовалюту, чтобы успеть зафиксировать прибыль.

Криптоиндустрия входит в новую эру развития благодаря привлечению капитала крупных инвестиционных фондов, заявил инвестиционный директор компании Bitwise Мэтт Хоуган (Matt Hougan).