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Shiba Inu (SHIB) has taken a bold leap and entered a $2 trillion market with a new partnership that could reshape its future trajectory. According to reports, the SHIB ecosystem is now expanding into the telecommunications sector through its alliance with Unity Nodes, signaling a significant shift from speculative trading and investments toward real-world functionality. This development positions the popular memes coin at the forefront of a multi-trillion-dollar industry that powers global connectivity and digital infrastructure.

Shiba Inu Enters $2 Trillion Market With Unity Nodes

A publication released on Tuesday, November 11, reveals that Shiba Inu has officially partnered with Unity Nodes, a decentralized telecommunications network. This alliance marks a pivotal moment for SHIB as it transitions from a community-driven meme coin to a technology-integrated digital asset with practical use cases. 

More importantly, through this collaboration, Shiba Inu has entered a telecom quality assurance market estimated to be worth around $2 trillion annually. The partnership introduces direct utility to SHIB while offering new earning opportunities for its holders. Moreover, the move strengthens the meme coin’s position in a sector that relies on continuous innovation and large-scale infrastructure. 

Notably, the report indicates that Unity Nodes operates a blockchain-based mobile edge network that spans multiple countries and carriers. Its system enables everyday users to participate in verifying and improving telecom infrastructure through decentralized participation. 

Additionally, the network operates within a structured framework, where users can install the Unity application on their mobile devices to make verification calls that pass through specific nodes. Switch Nodes handle call routing, Validation Nodes ensure each device functions properly, and finally, Earth Nodes log any performance issues. 

This data is then stored on-chain to create a transparent Proof-of-Service record that telecom operators can access through an API. In return, users earn crypto rewards for helping test and maintain the network. 

New Utility And Rewards For The SHIB Community

According to the publication, Shiba Inu’s partnership with Unity Nodes comes with a series of exclusive benefits designed for token holders. Notably, SHIB is now accepted as a payment method within Unity Nodes through a decentralized gateway built in accordance with the official brand standards. 

Users will also be able to purchase Nodes using Shiba Inu and receive SHIB-branded NFT licenses that can be freely traded on secondary markets. This provides greater visibility and expands the cryptocurrency’s presence across blockchain platforms. 

Unity Node payments completed with Shiba Inu also come with additional advantages. Rather than receiving 200 Unity Licenses per node, users who pay with SHIB tokens can earn more at no extra cost, including a 5% license bonus, which further encourages token use within the telecom network. 

Alongside this, rewards for Unity Node operators can be distributed directly in SHIB. What’s more, the Shiba Inu team automatically earns referral rewards when purchases are made using its official referral code, granting them Unity Licenses that can be used, leased, or traded. 

The amount of XRP held on centralized exchanges has dropped sharply in recent days, creating a noticeable shift in the asset’s on-chain profile ahead of a major milestone for the cryptocurrency. Data shows that more than 149 million XRP, worth roughly $336 million, exited exchanges within a 24-hour window. 

The movement comes at a time when market conditions are somewhat choppy, yet accumulation trends appear to be strengthening as investors are likely adjusting positions ahead of a potential new source of demand. This potential new source of demand is the possible launch of a Spot XRP ETF in the US this week.

Massive XRP Outflows From Crypto Exchanges

The latest exchange-reserve data captures a significant decline of millions of XRP on crypto exchanges in the past few days, placing total reserves across tracked platforms at approximately $6.63 billion as of November 13. Such sudden outflows can only be interpreted as a sign that investors are moving tokens into private storage rather than preparing to sell. 

The size of the withdrawal in recent days, more than two percent of available exchange supply, marks one of the more notable single-day reductions seen in recent months and has raised questions about where the liquidity is going. 

The reserve contraction is coincidental with rising anticipation around a possible Spot XRP ETF debuting this week. Canary Capital’s Form 8-A filing gives Nasdaq the framework to list the fund as early as November 13 once regulatory procedures are finalized. 

The prospect of an ETF has already become a focal point for traders, largely because similar developments for Bitcoin and Ethereum led to major inflows and surges in demand following approval. Even without a final green light, the setup alone appears to be influencing behavior on-chain, as whales and long-term holders position early in case a fresh wave of institutional interest begins to form.

Can The Price React Positively?

A drop in exchange reserves this large reduces the amount of XRP immediately available for trading and creates the conditions needed to increase buying pressure. Investors who move tokens off exchanges tend to have a longer time horizon, which naturally limits short-term sell pressure. 

If the ETF goes live on schedule and draws meaningful capital, the reduced supply on exchanges may intensify price reactions. Whether this translates into a sustained price uptrend depends on how much demand the ETF launch ultimately generates.

Recent examples in the market include the steady inflows into the two Spot Solana ETFs in the US, which have attracted consistent demand since their launch. 

Even so, there is a growing belief among market watchers that a Spot XRP ETF could draw far deeper liquidity than its Solana counterparts, given the asset’s larger global footprint and institutional investors. At the time of writing, XRP is trading at $2.50, up by 3.8% in the past twenty-four hours.

Cybercriminals in Australia are exploiting the country’s official cybercrime reporting platform to impersonate federal police officers and steal cryptocurrency, prompting urgent warnings from national authorities.

The scheme, uncovered by the Australian Federal Police (AFP) and its Joint Policing Cybercrime Coordination Centre (JPC3), highlights how scammers are weaponizing legitimate systems to deceive victims with alarming precision.

Scammers Fake Police Identity Using ReportCyber Data

According to the AFP, fraudsters are submitting false reports through ReportCyber, Australia’s official cybercrime reporting tool, using stolen personal details such as phone numbers and email addresses.

They then contact victims while posing as AFP officers, claiming the individual has been linked to a crypto-related investigation or data breach.

Detective Superintendent Marie Andersson stated that the scheme is highly convincing because scammers use genuine-looking case numbers generated from the fraudulent submissions. “They verify personal information in ways that match common expectations and act quickly to create a sense of urgency,” she noted.

In one case, scammers filed a fake report, then called the victim with a matching reference number and alleged that the individual’s name appeared in a cryptocurrency breach.

A second caller, impersonating a crypto exchange representative, reinforced the deception and urged the victim to move funds into a “secure cold wallet.” Fortunately, the targeted user hung up before transferring any money.

Police also warned that the criminals often spoof official AFP phone numbers to increase credibility.

Authorities Urge Vigilance as Scam Activity Surges

The AFP stressed that genuine officers will never ask for access to crypto wallets, seed phrases, account passwords, or banking details. Anyone contacted about a ReportCyber submission they did not file is urged to hang up immediately and call 1300 CYBER1.

Despite the exploitation of third-party reporting features, officials emphasized that ReportCyber remains secure and continues to be a critical tool in tracking cybercriminals. Every legitimate report, they said, contributes to intelligence gathering and helps prevent future victims from being targeted.

Authorities also highlighted that individuals aged 50–70 are disproportionately affected, especially when scams involve crypto ATMs, investment schemes, and social-engineering tactics.

Australia Tightens Oversight as Crypto Scams Grow More Sophisticated

The warning comes as Australia ramps up enforcement against crypto-related crime. Home Affairs Minister Tony Burke recently announced sweeping powers to regulate crypto ATMs, labeling them “high-risk products” associated with money laundering and exploitation.

Meanwhile, the Australian Securities and Investments Commission (ASIC) has taken down more than 14,000 scam and phishing websites since 2023, including over 3,000 linked to crypto schemes. Regulators report that scammers are increasingly using AI-powered ads, fake exchanges, and impersonation attacks to lure victims.

As cybercriminals refine their social-engineering tactics, authorities say vigilance is the strongest defense. “Australians should check for warning signs and protect themselves,” Andersson said. “If something feels off, it probably is.”

Cover image from ChatGPT, ETHUSD chart from Tradingview

The Dogecoin price has spent the past few days attempting to recover from a decline that has affected the entire industry for weeks, shifting from a clear downtrend earlier in the month into a more constructive structure. After dipping below the $0.16 region, buyers began stepping back in to form a series of higher lows and nudging the price into a tighter range between $0.17 and $0.186. 

The latest candles show Dogecoin trading just beneath a resistance band around $0.186, which is the same zone that capped upside attempts throughout the week. This is where the discussion from BitGuru’s technical outlook comes in, supported by the chart he shared on the social media platform X.

Dogecoin Price Trying To Rebound From Downtrend

The Dogecoin price is starting to exhibit some sort of push off the early-month lows that saw it reach into the mid-$0.15 region. Between November 5 and 6, Dogecoin was consolidating around this region to create what looks like a bullish beauty, as shown in the price chart below. 

 The chart further shows how the Dogecoin price eventually broke out of this descending structure on November 7 to push toward the mid-$0.18 region. This marked the first sign that momentum was shifting away from sellers, and this might set a sustained advance that changes the tone of Dogecoin’s price action. 

That transition from lower highs into a more aggressive upward slope set the foundation for the rebound now taking shape. However, Dogecoin is now pressing against an overhead resistance zone around $0.186 that first arose as a result of a downtrend order block on November 2. Technical analysis shows that this price level is now the most important barrier to break.

The chart shows a tight cluster of candles forming just beneath this level, with small intraday rejections but no meaningful breakdowns. Price action in this region carries a clear message: bulls are attempting to reclaim control, and the structure is beginning to resemble a pre-breakout consolidation.

Dogecoin Price Chart. Source: BitGuru On X

A Break Above This Zone Could Set Off Strong Rally

The critical question now for Dogecoin’s short-term technical outlook is whether it can push cleanly above the resistance at $0.186. BitGuru’s outlook frames this zone as the key decision point. 

A strong break above it would open the door for continuation, setting the Dogecoin price up for the next impulsive leg higher above $0.2. Failure to break through would not necessarily derail the developing bullish structure, but it could invite a short-lived pullback before another attempt at an upward move. 

Everything now depends on how Dogecoin behaves at this price resistance, as momentum is clearly building beneath it and a decisive breakout would shift the entire short-term outlook upward.

At the time of writing, Dogecoin is trading at $0.1764, up by 2.5% in the past 24 hours.

A new study by Bybit’s Lazarus Security Lab has revealed that 16 major blockchain networks can freeze users’ crypto on-chain. This capability allows blockchain foundations or validators to step in and restrict transactions, thereby challenging the core principle of decentralization. While these freezing mechanisms are often employed to prevent hacks, and other security risks, they also raise concerns about control, transparency, and the potential reintroduction of centralized authority in decentralized networks. Bybit has disclosed that its research report is the first large-scale investigation to identify which blockchains possess freezing capabilities and how they operate. 

Bybit Exposes Blockchains With Crypto-Freezing Powers

In a Press Release, Bybit released a new research, unveiling blockchains with fund freezing mechanisms and examining the impact these capabilities have in the DeFi space. The study analyzed a total of 166 different blockchain networks and found that 16 currently possess crypto freezing powers, while 19 could support similar functions in the future. 

To carry out this research, Bybit’s Lazarus Security Lab team utilized an AI agent to filter blockchains through in-depth manual code reviews, as most networks do not openly document these features. 

The research team categorized the freezing capabilities of the 16 blockchain networks into three main mechanisms:

 

• Hardcoded Freezing: It is embedded directly in blockchain’s core code, seen in networks like Chiliz (CHZ), Viction (VIC), XDC Network (XDC), Binance Coin (BNB), and VeChain (VET).

 

• Configuration-based Freezing: Controlled through validator or foundation settings, found in Harmony (ONE), Havah (HVH), SUPRA, APTOS (APT), EOS, Oasis (ROSE), WAX (WAXP), SUI, LINEA, and WAVES. 

 

• On-chain Freezing: Executed via system-level contracts, present in blockchains like Huobi ECO Chain (HECO). 

 

Bybit has reported that fund freezing occurs when a blockchain locks a user’s assets without their consent. They highlight that these capabilities give these networks a level of control similar to that of traditional banks. The team has also emphasized that the research aims to provide greater transparency on blockchains while laying the groundwork for future studies and risk assessments in the digital asset industry. 

Real Cases Of Blockchain Fund Freezing

Bybit’s Lazarus Security Lab team has also highlighted real-world incidents where crypto freezing was used to protect users and mitigate losses. Notably, in 2025, the SUI Foundation froze $162 million in assets following the Cetus Protocol hack in May, which resulted in a loss of over $220 million. Following this, Aptos added blacklisting functions to its network. 

In 2022, the BNB Chain used hardcoded blacklists to contain a $570 million bridge exploit, preventing the attacker from accessing the funds. Notably, in 2019, VeChain set an early precedent by freezing funds after a $6.1 million breach. Meanwhile, Cosmos’s modular account design may allow similar interventions in the future. 

These cases demonstrate how fund-freezing functions can act as emergency tools during large-scale security incidents. Bybit points out that although centralization remains a concern, many networks are implementing practical safety measures, even if they challenge the principle of complete decentralization, which is the core tenet of blockchain technology.

Market expert Paul Barron has dropped the XRP ETF launch calendar, which includes the launch dates and fees for the respective XRP funds. This comes as Canary Capital is set to launch the first ‘33 Act XRP ETF today. 

Expert Drops Timeline For XRP ETF Launch And Fees Calendar

In an X post, Paul Barron revealed that Canary Capital will launch its XRP ETF today with a 0.50% management fee, having already secured Nasdaq’s approval. Franklin Templeton’s fund is expected to launch after Canary sometime between November 14 and 18. Bitwise will launch its fund between November 19 and 20, with a management fee of 0.34%, the lowest among issuers so far.  

Related Reading: Canary XRP ETF Completes ‘Final Step Before Launch’, But What About The Government Shutdown?

Paul Barron stated that 21Shares and CoinShares will launch their XRP ETFs between November 20 and 22. Grayscale is also expected to launch its fund sometime in late November with a management fee of 0.35%. WisdomTree, which is the last issuer, is also likely to launch around this period. 

Paul Barron declared that the XRP ETF ear starts today, with Canary launching its fund. Bloomberg analyst Eric Balchunas confirmed that Nasdaq has issued the official listing notice for Canary’s XRPC, the final step before launch. As market expert Nate Geraci noted, this fund will be the first ‘33 Act spot XRP ETF to launch. REX-Osprey had earlier launched a spot XRP ETF, but the fund doesn’t provide 100% spot exposure to institutional investors. 

Meanwhile, the U.S. government shutdown has ended, which could affect the launch dates of other XRP ETFs, as the SEC could provide feedback on some of them. There is also the possibility that they could immediately get approval from the commission, which would enable them to launch faster instead of waiting for the auto-effective approval timeline. 

Canary Capital’s CEO Comments On ETF Launch

Canary Capital CEO Steven McClurg stated that they are excited to go live with the first single-token spot XRP ETF. He added that this development would not have been possible without the leadership of SEC Chair Paul Atkins, Commissioner Hester Peirce, and all those at the SEC who are pro-free markets. 

Related Reading: XRP Is Getting Exciting: RSI Has Returned To Pre-600% Rally Levels

XRP will be the sixth crypto asset to have its ‘33 Act ETF following the launch of Bitcoin, Ethereum, Solana, Hedera, and Litecoin ETFs. Notably, Canary is the issuer for the existing Hedera and Litecoin ETFs. McClurg has predicted that the funds could see up to $10 billion in inflows in their first month of trading, which will be a huge positive for the token’s price.  

At the time of writing, the XRP price is trading at around $2.47, up almost 3% in the last 24 hours, according to data from CoinMarketCap.

In the past few weeks, Ethereum has been experiencing sideways movements, causing its price to fall below the $3,500 mark. However, with several key updates incoming, such as the Fusaka Upgrade, ETH may attract the necessary attention and adoption that will pave the way for a major rally to pivotal levels.

Fusaka Upgrade The Tipping Point For Ethereum

As the broader crypto sector evolves, Ethereum is set to roll out one of its most crucial updates: The Fusaka Upgrade, which will bolster the leading network. Set to launch in December, the Fusaka update, which is intended to increase scalability, boost staking effectiveness, and reduce transaction costs, signifies another significant phase in Ethereum’s long-term plan for improved performance and decentralization.

While the impending update is pivotal, Ash Crypto, a market analyst and investor, claims it’s emerging as a potential trigger for the next major breakout in ETH’s price. “No one is talking about this, but the ETH fusaka upgrade on December 3 could be the next leg up catalyst,” the expert stated.

Ash Crypto’s bold statement is fueled by the several enhancements that the upgrade is poised to make to the Ethereum network and its ecosystem. He suggests that Fusaka’s entry into the market would reignite bullish momentum across ETH’s ecosystem that will extend to its price dynamics. 

According to Ash Crypto, ETH is entering its “Performance Era” as participants anticipate the key upgrade. When the update eventually goes live, it will enable more Transactions Per Second (TPS), lower fees, higher throughput, support for additional users, and accommodate high demand. 

With the launch date drawing closer, ETH whales are seen buying billions worth of ETH, which may imply a strategic positioning by high-net-worth investors ahead of major price spikes. Ash Crypto has predicted a possible price rally that is comparable to the one observed in the 2021 cycle.

In the 2021 cycle, ETH experienced a massive leg-up, taking its price from $80 to the $4,800 level. Since current market trends are mirroring 2021’s, the expert is confident that ETH could easily move up to the $7,000-$8,000 zone, especially if it surpasses and holds above $5,000.

Impending Breakout From Multi-Year Formation

After examining Ethereum’s chart, StockTrader Max, a crypto analyst on X, reveals that ETH is about to break out from a multi-year consolidation. Specifically, ETH has been in this consolidation phase for over 5 years.

However, recent price action indicates that the altcoin looks primed to enter price discovery, triggering a rally to new all-time highs. As indicated on the chart, StockTrader Max expects ETH to skyrocket to the $8,000 price mark and beyond.

While the price has fallen below the $3,500 level, the Ethereum Fear and Greed Index has moved into Fear territory. This suggests that ETH’s market sentiment is heavily shifting toward a more cautious state, as it is caught between short-term pressure and long-term optimism. Presently, speculations are whether the fear is a warning sign or the quiet before the altcoins’ next significant action.

After the initial drawdown, Bitcoin looks to be showing some strength as bullish momentum begins to pile up again. At this point, the possibility that the price will rise rapidly remains high, especially as players in the space look to be preparing for the next upward move. In this same vein, crypto analyst Weslad has predicted that the Bitcoin price could actually double in the next wave, especially as the macro bullish structure continues to remain firmly in place.

Why Bitcoin Is Headed About $200,000

The analysis focused on the macro bullish structure of Bitcoin that has held up even through the multiple market crashes. This bullish macro structure put the price above the critical and immediate demand zones, showing immense strength after the initial plunge below $100,000.

So far, the cryptocurrency has moved back into a state of consolidation, but this is no cause for alarm as the crypto analyst does not expect the consolidation to last long. Rather, Weslad believes that this consolidation is acting as a form of “natural pause”, but the Bitcoin price continues to move within the broader uptrend.

Another thing that this move highlights is the fact that the recent declines have all been a healthy retest phase for Bitcoin. If this is the case, then the declines were not a reversal, but simply a healthy correction that could lend more strength to the next bounce.

For now, the major levels of interest lie between $92,000 and $101,000, which have held quite nicely during the recent drawdown. This makes it an important support level for the next move, and bulls must maintain their hold at these targets to keep the bullish momentum going.

If this level holds, then the crypto analyst sees the Bitcoin price going on another rally. In this case, the price would more than double. The first target for the expansion wave lies as high as $142,000-$190,000. However, there is the possibility of further expansion, putting the digital asset as high as $297,092 at the very peak.

As for when this move could happen, the analyst’s chart shows a possible start at the end of 2025, with the real move occurring next year. Thus, the majority of the move would take a larger part of 2026 to play out, and then the top is expected to be hit sometime in August.

“As long as price holds above the defined demand areas, the long-term outlook remains decisively bullish,” Weslad explained. “Corrections within this channel are accumulation opportunities, not signs of weakness.”

Quick Facts:

• The U.S. just got its first spot XRP ETF, listing on Nasdaq as ‘$XRPC’ today! This opens up regulated exposure and could kickstart a rotation into altcoins.
• During ETF weeks, clear and simple narratives win. Mine-to-earn models with staking are great at grabbing and holding that short-term attention.
• PEPENODE cleverly mixes meme appeal with a virtual mining loop, aiming to keep holders engaged before and after the TGE, rather than just passively waiting.
• The presale has raised over $2.12M, with pricing hovering near $0.0011454. Plus, it’s got staking APYs of around 607%.

The financial world is buzzing because the very first spot $XRP exchange-traded fund in the U.S. is officially launching on Nasdaq today!

You’ll find it trading under the snappy ticker ‘$XRPC’. This isn’t just a small step; it’s a giant leap for XRP, bringing it into the regulated ETF big leagues, just like Bitcoin and Ethereum before it.

This new product, brought to you by Canary Capital, got the final green light, meaning all systems are go!

This is huge because it opens up $XRP to a whole new world of investors – think traditional wealth managers who can now easily add $XRP to their clients’ portfolios through standard brokerage accounts.

This kind of access usually means deeper and more consistent investment flows, which is exactly what we want to see!

But here’s the thing about big listings like this: they get people excited, and that excitement often sends smart money looking for the next big opportunity, especially projects with a clear narrative and a buzzing community. That’s where names like PEPENODE ($PEPENODE) are starting to pop up on everyone’s radar! PEPENODE’s Mine-To-Earn Hook Matches The ETF Liquidity Moment

PEPENODE ($PEPENODE) is turning heads with its innovative model, designed to capture all that fantastic meme coin energy.

Its mine-to-earn game kicks off after the presale, but the project focuses on keeping users engaged and building excitement even before the Token Generation Event (TGE) and long after.

How? With phenomenal staking rewards of around 607%.

Imagine this: once the presale wraps up and the TGE hits, PEPENODE will let you dive into its browser-based virtual mining loop! Instead of just passively holding, you’ll get to assemble digital miner nodes, upgrade your facilities, and even chase leaderboard bonuses.

Bonuses come in $PEPENODE but also as $PEPE and $FARTCOIN, giving the PEPENODE project cross-market appeal.

The goal is simple: keep users active with fun mechanics, distribute rewards transparently via smart contracts, and avoid that boring waiting period that can kill the buzz for many projects. That’s why $PEPENODE is one of the best crypto to buy right now.

This careful sequencing is crucial, especially if capital starts rotating quickly from the XRP headline, looking for interactive projects with upside potential once the initial presale phase is complete.

For more information, including how to get in on the mine-to-earn movement, check out our ‘How to Buy PEPENODE’ guide. PEPENODE’s Presale Is on Fire with $2.1M Raised

$PEPENODE’s presale price is sitting at $0.0011454 per token, reflecting the progress through its stages. With over $2.12M raised, $PEPENODE has hit that sweet spot where network effects really start to kick in – more holders, more staking, and a wider social reach.

This is exactly the kind of presale that tends to shine when a big-cap ETF makes headlines and brings fresh capital back into the on-chain world.

So, what about the future? Our $PEPENODE price prediction gives us a reasonable range, not some ‘to the moon’ fantasy. For 2025, we could see a potential high near $0.0023, which would be a clean 100% from today’s stage price, assuming the team delivers on time and listings land in a good market.

Looking further out to 2026, a stretch high around $0.0072 could be on the table if user growth, staking stickiness, and token sinks (like node upgrades) really accelerate. That’s a potential ROI of over 528% if you bought at today’s price.

Plus, the project’s core ingredients are there – a clear, engaging loop, a rapidly growing raise, and a low absolute price. That’s exactly what smart traders look for during ‘ETF weeks.’ This is when narratives move fast, and there’s plenty of entry liquidity.

Buy $PEPENODE today for $0.0011454.

Remember, this is not intended as financial advice, and you should always do your own research before making any investments.

Authored by Ben Wallis, Bitcoinist – https://bitcoinist.com/xrp-etf-launch-traders-rotate-to-pepenode/

In a new development this week, Coinbase (COIN), the largest publicly traded cryptocurrency exchange in the United States, announced its decision to relocate its headquarters from Delaware to Texas. 

The relocation was earlier confirmed in a regulatory filing, revealing that a majority of the company’s stockholders supported the decision to reincorporate in Texas.

Coinbase’s Texas Relocation

The exchange’s chief legal officer, Paul Grewal, took to social media platform X (formerly Twitter) to highlight that Coinbase is not alone in this transition, stating, “We surely won’t be the last.” He emphasized that the trend reflects a reversion to a free market economy in both regulation and judicial review.

Competition between states, Grewal argued, fosters a healthy environment for businesses and innovators pursuing ambitious goals. He praised Texas’s corporate legal framework for its “efficiency, predictability, and fairness,” asserting that these qualities make it an ideal home for the company’s incorporation. 

Grewal reaffirmed Coinbase’s commitment to enhancing economic freedom through the development of the on-chain economy, noting that this move is aligned with that mission.

Texas has increasingly become an attractive destination for US corporations seeking a favorable business climate, characterized by advantageous tax regulations, lighter oversight, and new laws that establish specialized business courts. 

Over recent years, several companies have opted to move their legal headquarters out of Delaware, a phenomenon some have termed “Dexit.” Other firms, such as Trump Media & Technology, have chosen to relocate to states like Florida, while others have incorporated in Nevada.

CLO Praises Texas For Business Stability

Grewal, in a recent article for the Wall Street Journal, pointed out that Delaware has historically been known for its “reliable” court outcomes and respect for corporate board decisions. However, he noted a trend of unpredictable results from Delaware’s Chancery Court in recent years. 

Although state legislators have attempted to address these inconsistencies, Grewal believes the efforts have not sufficed for businesses seeking stability. 

He underscored Texas’s promise of efficiency and predictability, highlighting the state’s new Business Court system as a vital factor in creating an inviting legal landscape for companies.

Coinbase’s announcement comes at a busy time, as the exchange also revealed this week the launch of a new platform designed to allow retail investors to buy digital tokens before they are officially listed on the exchange. 

In another significant development, a Coinbase spokesperson confirmed that the exchange has officially halted its acquisition discussions with UK-based stablecoin startup BVNK. 

The decision to end negotiations follows Coinbase securing exclusive negotiation rights with BVNK after going through a competitive bidding process.

As of Wednesday’s close, the exchange’s stock, trading under the ticker name COIN on the Nasdaq, was trading at $304.

Featured image from DALL-E, chart from TradingView.com 

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.