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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.

Nella giornata di ieri, sono stati registrati tre grandi acquisti di Bitcoin Hyper ($HYPER) per un valore complessivo di circa 250.000 dollari. Le transazioni on-chain mostrano un acquisto superiore a 227.000 dollari, seguito da tre altri rispettivamente da 35.000, 23.000 e 21.000 dollari. Non si tratta di semplici voci da Discord, ma di denaro reale che entra nel progetto.

Per una prevendita che aveva già guadagnato slancio, il tempismo non è casuale.

Perché proprio adesso?

Le prevendite tendono ad attirare l’interesse degli investitori quando i mercati sono instabili e i trader cercano opportunità asimmetriche, cioè configurazioni di rischio/rendimento favorevoli in cui entrare senza dover inseguire rialzi già in corso.

La proposta di $HYPER è molto chiara: si tratta di un Layer-2 di Bitcoin progettato per offrire all’utente la possibilità di poter accedere a transazioni rapide ed economiche, e di poterlo fare in modo intuitivo e accessibile. Se riuscirà ad attirare utenti che desiderano la velocità di Solana ma con la sicurezza di Bitcoin, si tratterà di una narrativa su cui le balene sanno bene come posizionarsi.

Attualmente, la prevendita di Bitcoin Hyper è attiva e continua ad attirare capitali importanti. I dati di partecipazione e il prezzo attuale dei token confermano il trend: il progetto ha già raccolto oltre 26,8 milioni di dollari, con un prezzo di prevendita di 0,013255 dollari per token, segno di una domanda costante e sostenuta, non di un semplice pump momentaneo.

Questo spiega anche la concentrazione di grandi acquisti in un solo giorno: le balene cercano liquidità, e la prevendita di $HYPER sembra offrirla.

Bitcoin Hyper ($HYPER): un Layer-2 per Bitcoin costruito per la velocità, non per l’hype

La chiave del progetto è l’utilità reale. Bitcoin Hyper propone un’architettura basata su ZK rollup che consente di portare $BTC in un livello di esecuzione ad alta capacità, riportando poi lo stato sulla blockchain principale di Bitcoin.

Il sistema si ispira alla Virtual Machine di Solana per la velocità, ma mantiene la sicurezza di livello Bitcoin grazie al suo meccanismo di verifica e commit.

In pratica, permette di immaginare pagamenti, operazioni DeFi e interazioni con dApp con finalità quasi istantanea, mantenendo Bitcoin come base monetaria di riferimento. È proprio questo il passo necessario affinché Bitcoin possa evolversi da semplice riserva di valore a rete finanziaria attiva.

La roadmap di sviluppo include un bridge canonico che verifica intestazioni di blocchi Bitcoin e prove di transazione, un modello di sequenziamento per ordinare le transazioni in modo pulito e impegni diretti su Bitcoin L1 tramite zero-knowledge proofs.

Il team sta lavorando a strumenti per sviluppatori e sistemi di osservabilità, elementi spesso trascurati ma fondamentali per rendere una blockchain davvero utilizzabile. Chi ha esperienza nello sviluppo sa che è un forte segnale di solidità.

È questa la narrativa che le balene stanno anticipando acquistando in prevendita: prima l’utilità, poi la distribuzione.

Se un Layer-2 riesce a far “muovere” Bitcoin come un’infrastruttura di pagamento, senza compromettere la sicurezza, la liquidità seguirà naturalmente. Per i trader, si tratta di una tesi d’investimento più chiara e credibile rispetto a puntare solo su meme coin speculative.

Bitcoin Hyper ($HYPER) – I flussi di acquisto attirano l’attenzione

I dati parlano chiaro: una transazione on-chain registrata ieri mostra 63,8 ETH (circa 227.000 dollari) inviati per comprare $HYPER. Altre tre transazioni nello stesso intervallo temporale hanno aggiunto rispettivamente 35.000, 23.900 e 21.000 dollari.

Anche considerando le variazioni di prezzo di Ethereum, si tratta comunque di quasi 300.000 dollari investiti in un solo giorno. Un tale afflusso concentrato di capitali indica che il prezzo potrebbe salire o che la disponibilità dei token a questa fase sta per esaurirsi.

Il prezzo attuale di $HYPER nella prevendita è di 0,013255 dollari, con oltre 26,8 milioni di dollari già raccolti.

Secondo le previsioni di prezzo di Bitcoin Hyper, il valore del token potrebbe crescere di oltre 6 volte, raggiungendo 0,08625 dollari entro il 2026.

Naturalmente, nulla è garantito, ma la prevendita di $HYPER offre una prospettiva più concreta rispetto ai progetti basati solo sulla speculazione. Per un mercato in cerca di soluzioni scalabili e compatibili con Bitcoin, questo basta a spiegare l’interesse dei grandi investitori.

Vai a Bitcoin Hyper

 

Evernorth chief executive Asheesh Birla says the company’s planned $1 billion war chest for XRP is only a starting line, outlining an active-management strategy designed to recycle yield into additional purchases and position the treasury vehicle for a Nasdaq debut under the ticker XRPN in the first quarter of 2026.

In a new interview on the Thinking Crypto podcast, Birla confirmed that Evernorth’s capital plan is open-ended rather than capped. “We don’t have any plans to stop […] the idea is not to stop at a billion in treasury,” he said, adding that the firm will pursue additional opportunities to scale once its initial transaction closes.

Evernorth’s XRP Strategy

Birla framed Evernorth as a pure-play digital asset treasury—“100% focused on XRP”—built to make institutional and mainstream exposure “as easy as buying Tesla stock in your brokerage account.” He said Evernorth’s model differs from passive products because it will deploy the tokens across both traditional finance and DeFi strategies, with a single yardstick for success: “The metric we are maximizing for is XRP per share.” He was explicit that cash flows generated by those strategies won’t be paid out as dividends but instead will be redeployed into the core asset. “We’ll use that yield to buy more XRP for the treasury.”

On trading venue plans, Birla clarified the timeline that sparked recent attention: “You saw the ticker symbol XRPN go live […] we expect that to happen sometime in quarter 1 of 2026.” At launch, he said, investors who can access Nasdaq through standard brokerage platforms would be able to buy the stock, with international market expansion—especially Japan and Korea—set as a near-term priority. “Having SBI participate in Evernorth’s financing is going to potentially help unlock those Asian markets for us,” he noted, citing a backer list that includes SBI, Ripple, and Arrington Capital.

The buying program itself will use multiple routes to market. “We’ll be using all mechanisms available to buy XRP […] we want to make sure that we’re balanced and measured,” Birla explained, highlighting how improved market depth and “hundreds” of global trading venues make accumulation more practical today than in crypto’s early exchange era. He also pointed to the asset’s liquidity profile as a draw for an active treasury, saying it ranks among the top traded digital assets by volume on many venues.

A significant plank of Evernorth’s edge, Birla argued, is its plan to originate and participate in on-ledger yield. “We’re cultivating yield strategies directly on the XRP Ledger,” he said, describing ongoing discussions with protocols—including Flare—once the initial transaction is completed. The intent is to create a bridge for “real capital” into native DeFi, which he believes has matured enough to compete with traditional finance but still lacks the institutional adapters that accelerate growth.

Stablecoins are a key part of that plumbing, and Birla suggested Ripple’s RLUSD—which he described as “growing really quickly”—will likely be used as an on- and off-ramp for DeFi participation, while stressing Evernorth will still optimize its balance sheet around the token: “We want to make sure that we are optimizing for XRP […] I have a feeling that Ripple RLUSD […] is going to play a big part in that.”

Birla positioned the timing as favorable, crediting a policy turn in the United States and abroad. He cited the stablecoin-focused Genius Act’s passage and the prospect of broader market-structure legislation such as the Clarity Act as catalysts that could mirror the internet’s regulatory tailwinds in the 1990s. “Good regulation, good legislation helps spur innovation and growth,” he said.

He contrasted Evernorth’s active approach with potential exchange-traded funds, saying both can coexist. “One big difference between an ETF and a digital asset treasury like Evernorth is that […] it’s an active treasury. We are going to be looking at yield strategies to maximize XRP per share.”

Asked about risk management through a downturn, Birla pointed to experience and tooling rather than market timing. “Some of the best opportunities are available in downturns,” he said. “We’re busy thinking about how to build the right kind of risk tools […] measure twice and cut once.”

The strategic throughline is straightforward: accumulate and actively deploy XRP, reinvest proceeds into more XRP, and list a publicly tradable equity that packages this exposure for institutions and mainstream brokerage users. Or, as Birla put it, “Let’s make it as easy as buying [a] stock […] just like you buy that stock, you can buy [XRPN] and you get exposure to XRP as an asset class.” And on the accumulation plan itself, he left little doubt about the trajectory: “$1 billion” is a milestone—not a ceiling.

At press time, XRP traded at $2.40.

After the market crash over the month of October, the XRP price has now returned to the $2.2 levels, still holding strong support above $2. While this decline has caused a fair amount of panic among investors, the XRP price may actually not be in a terrible position as of now. This was brought to light by crypto analyst Cryptoinsightuk, who explained that the digital asset’s price has now fallen to levels that had previously led to a major bull rally for the altcoin.

Why The XRP Price Is Still Very Bullish

In the analysis that was shared on the X (formerly Twitter) platform, Cryptoinsightuk explained that the XRP price was actually sitting at a pretty exciting point. This is because the altcoin’s price was still holding well within its range lows on the daily. This suggests that the established support is still incredibly strong and could serve as a base for the XRP price to begin another rally.

Another major development that the crypto analyst pointed out was the fact that the cryptocurrency had taken out the majority of liquidity below the current price. This refers back to the price plunge that began on October 10, which took out most of the liquidity at the lower levels.

Naturally, this means that there isn’t much upside or money to be made by market makers when the XRP price plunges from here. Instead, most of the liquidity now lies at higher levels, with shorts piling up by the day. Thus, a sharp increase would present the most opportunity for a liquidity sweep, and a short squeeze could be the most natural response to the rising number of short positions in the altcoin.

Technicals Are Also Showing Bullishness

Leaning more into the technical side of things, CryptoInsightUK also points out major developments that show much bullishness. This ranges from the RSI all through to the Wycoff accumulation, all showing that the XRP price is sitting at a level that could trigger a possible change in tide.

The first of these is the weekly RSI, and so far, the weekly has managed to hold the 7-year resistance from 2020, as highlighted in the post. With the market crash, the XRP Weekly RSI has moved quickly, and now, it is sitting at levels not seen since 2024. This is important because it was this level that the weekly RSI was sitting before the November 2024 rally, and what followed at that point was a 600% rally.

Additionally, the XRP dominance chart looks to be completing a Wycoff Accumulation trend, and this usually happens before a resurgence. If all of these indicators are right, a repeat of 2024 would mean a triple-digit rally. Rising 600% from here would mean that the XRP price would rise above the $10 level.

Cryptocurrencies linked to real-world assets (RWAs) are drawing scrutiny, as the International Organization of Securities Commissions (IOSCO) recently warned that these innovations might introduce new risks for investors. 

In a report released on Tuesday, the global securities regulator highlighted that while many risks associated with tokenization fall under existing regulatory frameworks, new vulnerabilities may arise from the technology itself.

Wall Street Divided Over Crypto Tokenization

Tokenization—essentially the creation of blockchain-based tokens that represent real-world assets like stocks or bonds—has gained renewed interest throughout the year. New tokenized products are increasingly being marketed to the public via online brokers. 

Tuang Lee Lim, chair of IOSCO’s board-level fintech taskforce, noted that while adoption levels remain modest, tokenization could fundamentally transform the issuance, trading, and servicing of financial assets. 

However, the regulator’s report points that the diverse ways in which tokenized assets are structured could create confusion for investors, leaving them uncertain about whether they own the underlying asset or merely the crypto token. 

Additionally, the existence of third-party token issuers adds layers of counterparty risk, a concern echoed by the European Union’s (EU) securities regulator in a similar report from September.

IOSCO also cautioned that this new “vulnerability” could be exacerbated by increasing connections to the broader crypto asset market. 

Despite these risks, some mainstream financial institutions, including Nasdaq, are moving forward with tokenization initiatives. 

Will Peck, head of digital assets at WisdomTree, remarked that tokenization offers an alternative method for holding assets like gold in a digital wallet, allowing for 24/7 trading and peer-to-peer (P2P) transfers. 

He added that such innovations could serve as collateral for loans, offering a protective hedge against the depreciation of the US dollar. However, concerns persist among other Wall Street players. 

Industry Leaders Share Their Insights

Although there has been rising commercial interest in tokenization, the International Organization of Securities Commissions pointed out that actual adoption remains limited. 

Proponents of tokenized assets argue that blockchain technology can reduce trading costs, expedite settlement times, and attract a younger demographic of investors. 

However, IOSCO cautioned that the purported efficiency gains are “inconsistent,” as market participants still rely on traditional market infrastructure to facilitate trading, rather than fully replacing it with blockchain technology. The report criticized issuers for failing to publicly disclose any measurable gains.

In the US, the push for tokenization has gained momentum alongside new legislation this year, which has spurred a surge in stablecoin adoption. The crypto industry, along with major Wall Street figures, is eager to mainstream this trend. 

Vlad Tenev, CEO of crypto trading platform Robinhood (HOOD), recently described tokenization as an unstoppable “freight train.” Meanwhile, Larry Fink, CEO of BlackRock, asserted in a summer newsletter that the concept of tokenization has the potential to revolutionize investing.

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

Stay Ahead with the Latest Insights of Today’s Next 1000x Crypto

Check out our Live Next 1000x Crypto Updates for November 12, 2025!

Crypto is a multi-trillion-dollar industry, with 10x, 100x, or even 1000x opportunities lying there, just waiting to be found.

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Imagine if you’d bought $SPX when it was $0.004 just 11 months ago. That’s a 27,000%+ ROI that’s unique to the crypto industry.

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Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

Could Bitcoin Hyper be the Next 1000x Crypto as Institutional Investors Ramp Up Buys Until the End of 2025?

November 12, 2025 • 14:00 UTC

The current market downturn has left institutional investors unfazed. According to Sygnum Bank, 61% of these investors plan on ramping up their buys until the end of the year.

This should be good news for the market, knowing that whales are still bullish about acquiring digital assets. Among these is Strategy, which is fresh off buying another 487 $BTC on Monday.

As Bitcoin remains the largest crypto by market cap, the Bitcoin Hyper ($HYPER) continues to pump with its plans to build a Layer 2 network.

Its token presale has raised over $26.9M to date, further strengthening its potential to be the next 1000x crypto.

Learn more about Bitcoin Hyper here.

Wall Street Will Build on Ethereum, Says Former BlackRock Boss as $HYPER Becomes the Next 1000x Crypto

November 12, 2025 • 13:19 UTC

Joseph Chalom, who used to head up digital assets at finance giant BlackRock and helped launch their massive Bitcoin ETF ($IBIT), is now calling $ETH the infrastructure that Wall Street will eventually rely on. 

In an interview with CoinDesk, he said to forget the noise, Ethereum has the trust, security, and liquidity that serious financial institutions demand. 

Chalom argues that since Ethereum hosts most of the world’s stablecoins and tokenized assets, it’s the obvious choice for digitizing finance. 

Now he’s putting his money where his mouth is at SharpLink, where they’re staking billions of dollars worth of Ether, proving $ETH is the foundation for the future of finance. 

But Bitcoin’s not out of the game yet. If you love $BTC but hate the slow speeds, check out Bitcoin Hyper ($HYPER). This is a game-changing Layer-2 solution designed to bring the lightning-fast speed of Solana right to the Bitcoin network. 

$HYPER utilizes the Solana Virtual Machine (SVM) to reduce transaction fees and unlock a new world of smart contracts and DeFi utility for your $BTC. 

Learn more about the revolutionary Layer-2 Bitcoin Hyper is bringing to Bitcoin.

$BEST as the Next 1000x Crypto as China Drops Bomb Accusing US of $13B $BTC Heist

November 12, 2025 • 12:00 UTC

China’s cybersecurity bigwigs have officially accused the U.S. government of being behind a $13B $BTC theft back in 2020.

Beijing’s National Computer Virus Emergency Response Center called the raid on the LuBian mining pool a ‘state-level hacker operation.’

The report points out that the 127,272 stolen $BTC tokens eventually ended up in the hands of the U.S. government, which claimed they seized them from a businessman named Chen Zhi, who is tied to a money laundering and fraud investigation.

But here’s the kicker: U.S. officials have been quiet on exactly when or how they got their hands on the coins, only adding to China’s doubts.

As this is bound to bring more attention to the non-custodial space in crypto, solutions like Best Wallet and its official token Best Wallet Token ($BEST) should amp up soon.

They open up a privacy-first DeFi ecosystem that plans on taking over the $40B non-custodial wallet space in the next few years.

Check out $BEST’s utility in our guide.

SoFi Launches Crypto Trading as $PEPENODE Mines Its Way to Be the Next 1000x Crypto

November 12, 2025 • 11:00 UTC

Nationally chartered bank SoFi has launched crypto trading services for its US customers, marking a major step for traditional finance in the digital asset market.

CEO Anthony Noto confirmed the phased rollout of trading for dozens of cryptocurrencies, including $BTC and $ETH, stating the bank is the first and only nationally chartered bank to offer this to consumers following easing regulatory stances.

Noto views blockchain and crypto as ‘super cycle technology,’ comparable to AI, and announced plans to introduce a new dollar-backed stablecoin called SoFiUSD. This move is intended to integrate digital assets into the lending and payments infrastructure.

Meanwhile, the crypto community is buzzing about $PEPENODE, a mine-to-earn meme coin that fuses humor with utility. The project allows users to build virtual mining rigs to earn token rewards, a unique model that also offers whopping staking rewards of over 600%.

Start mining and upgrade your way to success with $PEPENODE.

Lummis Pushes ‘Biggest’ Crypto Law Ever Setting the Stage for the Next 1000x Crypto $PEPENODE

November 12, 2025 • 10:00 UTC

Bitcoin’s momentum has faded after a $340B selloff, with prices slipping below $105K and ETF inflows stalling. Futures open interest is down, and traders are calling the recent bounce a mirage. The broader market feels heavy, with altcoins drifting and sentiment cooling.

But while legacy assets stall, Bitcoin Hyper ($HYPER) is gaining traction as a leaner, faster alternative. Designed for speed and real-world utility, it’s built to scale without the baggage of older chains.

Early adopters are eyeing Bitcoin Hyper as the next 1000x crypto. It’s not just hype. This project is engineered for performance, with a clear roadmap and growing community support.

As capital rotates and traders hunt for fresh narratives, Bitcoin Hyper could be the breakout star of the next cycle.

Here’s how to buy $HYPER now.

XRP ETF Launch Fuels Market Momentum as SUBBD Token Emerges as the Next 1000x Crypto Bet

November 12, 2025 • 10:00 UTC

Canary Capital is pushing for approval of a spot XRP ETF, expected to launch Thursday. If greenlit, it would be the first XRP-backed fund, giving institutions direct access to Ripple’s asset.

XRP has held strong through recent dips, and ETF approval could trigger fresh inflows and renewed optimism.

Alt: XRP price chart, 11/12/2025.

While XRP dominates headlines, investors are already hunting for the next 100x crypto. SUBBD Token ($SUBBD) is gaining attention as a top contender. Backed by a $1.3M presale, SUBBD powers a creator-focused platform where influencers mint exclusive content, fans stake tokens for access, and AI tools drive engagement.

As traditional platforms lose steam, SUBBD offers a decentralized alternative built for scale.With momentum building and altcoin narratives heating up, SUBBD could be the next 1000x crypto.

Check out $SUBBD’s price prediction for 2025 here.

Authored by Ben Wallis, Bitcoinist — https://bitcoinist.com/next-1000x-crypto-live-news-today-november-12-2025

DBS and Kinexys by JPMorgan are working on a plan to let tokenized bank deposits move between their on-chain systems. The goal is to let customers of the two banks send and receive deposit tokens around the clock, and to make those tokens usable on both permissioned ledgers and public blockchains like Base.

The effort aims to make tokens issued by one bank redeemable through the other bank’s service.

JPMorgan-DBS Team-Up: Interbank Token Flow Becomes A Practical Test

According to an announcement, the project will link DBS Token Services with Kinexys Digital Payments so institutional clients can transfer tokenized deposits and settle in real time.

For example, a JPMorgan institutional client might pay a DBS client using JPMorgan Deposit Tokens (JPMD) on the Base public blockchain, and the recipient could then redeem or exchange that token through DBS.

Both banks already offer 24/7 liquidity and instant settlement inside their own networks. This work is meant to let those benefits cross bank boundaries.

What The Banks Say About Risks And Reach

Rachel Chew, Group Chief Operating Officer and Head of Digital Currencies at DBS Bank, said the move is meant to reduce fragmentation and expand the usefulness of tokenised money for businesses.

Naveen Mallela, Global Co-Head of Kinexys, said the banks are building infrastructure so institutional clients can use tokenised deposits while keeping legal and safety checks in place. Based on reports, the banks plan to combine technical and legal steps to make transfers dependable.

Technical Hurdles And Legal Questions

Moving money between different blockchains needs to be done carefully, analysts said. The transfer has to be final, and ownership has to be clear. Identity checks and rules also have to be followed when using public networks. DBS and Kinexys are building the system so that sending tokens between banks is safe, simple, and follows the rules.

Pilot First, Broad Rollout Later

Work like this usually begins with pilots on a small set of networks and narrow use cases, then scales if the tests go well. Reports note that this kind of cross-issuer approach by JPMorgan and DBS could cut the need for private stablecoins in some institutional flows.

But banks will likely use controlled gateways and clear legal agreements rather than fully trustless bridges, since they must protect depositors and follow rules.

They’re Paying Attention

A 2024 survey by the Bank for International Settlements found that banks in almost one third of the countries surveyed have started, tested, or studied tokenized deposits. This shows that both regulators and banks are already paying attention.

Once DBS and Kinexys get their system running, other banks might follow with similar projects, which could change how and where companies move money across borders.

Featured image from Forage, chart from TradingView

Portugal will soon host the third edition of the Crypto Content Creator Campus (CCCC) to explore the future of the creator economy in the crypto space and practical solutions for monetization and community growth.

Crypto Content Creator Campus Goes To Lisbon

This week, the new edition of the Crypto Content Creator Campus will take over Lisbon to discuss the future of the creator economy in the crypto space and monetization in the Web3 era.

Following the previous two editions in Dubai and Bali, the event will take place at the Carlos Lopes Pavilion from November 14 to November 16, focusing on sustainable creator income streams, growth strategies, revenue opportunities, and ways to build thriving communities.

The Crypto Content Creator Campus is integrated by a team of industry experts aiming to shape the future of content creation in the Web3 and crypto sphere. As the announcement explained, the summit “arrives at a pivotal moment for Europe’s digital economy,” driven by favorable regulation, Decentralized Finance (DeFi) activity, and community adoption.

The November 2025 edition will reportedly celebrate innovation, new platforms, and the creators shaping today’s digital landscape. The event will host global content creators and executives from major companies to discuss the advancement of new technologies, lifestyle and health, creator monetization gaps, and the rapidly evolving future for content creators.

Notably, the CCCC summit will feature Erin Teague (Disney), Christian Rao (Mastercard), Nick Tran (former CMO at TikTok), Sergej Loiter (Yango), Musa Tariq (ex-Airbnb, Apple, Nike), Ben Zhou (Bybit), and Dr. Maye Musk.

The programming includes sessions, workshops, mentorship labs, and networking spaces set to help creators build practical strategies and sustainable income streams.

Additionally, this edition will introduce a first-of-its-kind Game Arcade Zone, designed to bring engagement mechanics to life. The arcade experience forms part of CCCC’s “broader push to explore gamification as a community-building and monetization tool for creators,” the announcement detailed.

The Future Of Creator Economy

As the Crypto Content Creator Campus noted, the creator economy is redefining the future of online platforms, introducing innovative monetization strategies and impacting influencer marketing.

“The growth of the creator economy sprang from the gig economy—capitalizing on the economic opportunities of platform-enabled work—but also departed from its predecessor model by empowering creators with greater individuality and agency,” a Deloitte report explained.

With over 67 million creators worldwide, the rapid surge of the content creator economy is transforming industries. The sector is expected to increase to more than 107 million creators by 2030, with social media commerce anticipated to reach $2 trillion next year.

Nonetheless, the creator economy also faces multiple challenges, fueled by its rapid growth and economic impact. A report from the Blockchain Council highlighted that content creators can be heavily affected by high platform fees, unpredictable algorithms, limited ownership rights, and global payments restrictions.

Blockchain technology can address these problems “at the infrastructure level,” the report affirmed, with direct monetization, Proof of Ownership and Royalties, borderless earning, and revenue transparency.

Smart contracts manage revenue sharing between collaborators with automatic, traceable payouts (…). With crypto wallets and stablecoins, creators can get paid instantly—anywhere in the world.

The report concluded that blockchain is creating a “fairer and open creator economy,” as creators are using decentralized tools to build closer relationships with their communities and protect their content.

The US Senate Agriculture Committee has released the highly anticipated draft of the Market Structure Bill, a move many are praising as a significant milestone for the crypto industry in the United States. 

With promises of clearer regulatory frameworks just around the corner, this development is expected to enhance the operating environment for various cryptocurrencies.

Historic Draft Bill Promises Clarity For Crypto

The draft, unveiled by Agriculture Chair John Boozman and Senator Cory Booker, includes provisions that aim to overhaul regulations pertaining to digital asset commodities. 

However, the text features numerous sections marked with brackets, indicating ongoing negotiations among lawmakers regarding key definitions and other critical issues that remain unresolved.

One of the most notable aspects of the draft is the formal definition of digital commodities, which positions the Commodity Futures Trading Commission (CFTC) as the primary regulatory authority for their trading. 

This shift may resolve jurisdictional conflicts between the CFTC and the Securities and Exchange Commission (SEC). According to experts at The Bull Theory, this clarity will finally extend to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), potentially easing the regulatory burdens faced by these digital assets.

The draft also introduces protections for blockchain developers and infrastructure providers, ensuring they are not classified as money transmitters or brokers. This aspect of the bill allows developers to innovate freely, enabling them to operate nodes or deploy smart contracts without the fear of legal repercussions.

In an effort to boost market transparency and advocate for retail investors, the bill proposes the establishment of a new Digital Commodity Retail Office within the Commodity Futures Trading Commission. 

This office is designed to oversee fair markets and protect investors, moving the crypto industry closer to being recognized as a legitimate financial sector.

Furthermore, the legislation emphasizes global alignment by mandating cooperation with foreign regulators, setting the stage for internationally consistent digital asset standards. 

This alignment is something that institutional investors have eagerly anticipated, as it would enhance the clarity surrounding spot markets, exchanges, and derivatives once the CFTC assumes its role as crypto’s primary regulator.

Bipartisan Negotiations Underway 

The potential passage of this bill could serve as a significant green light for institutional capital, particularly for altcoin exchange-traded funds (ETFs) that have remained on the sidelines amid the government shutdown. 

The Bull Theory experts assert that the crypto sector has never been closer to achieving full regulatory clarity in the United States.

Separately, Republicans on the Senate Banking Committee, which oversees the other half of the bill concerning securities regulations, have already introduced a partisan discussion draft earlier this year. 

They are currently engaged in negotiations with Democrats to reach a bipartisan agreement, with hopes of moving forward with a markup later this year.

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

Vivek Ramaswamy’s Strive Asset Management bought 1,567 Bitcoin in a recent purchase worth about $162 million, according to multiple reports. The buy came over a short window and lifted the firm’s holdings to roughly 7,525 BTC, a move that drew attention across the crypto market.

Strive’s Big Bitcoin Purchase

The purchases happened between October 28 and November 9, 2025. The average price paid for those coins was reported at about $103,315 each.

Based on reports, Strive used a fresh funding method tied to a preferred-stock offering to bankroll the acquisition. Market watchers noticed the company’s total stash rose into the 7k-Bitcoin range after this round of buying.

A Comparison With Peers

Those holdings put Strive ahead of some rival managers in raw Bitcoin terms. Some outlets compared the haul to the reserves held by large institutional players, noting that Strive’s total climbed to near 7,525 BTC. That gap is not fixed. Bitcoin holdings are public only when managers disclose them, and prices keep moving. Still, the size of this purchase was large enough to be reported widely.

BREAKING: Strive Asset Management, backed by Vivek Ramaswamy, has acquired 1,567 BTC (≈ $162 M) between Oct 28 – Nov 9.

The STRIVE Total Holding now stands at 7,525 $BTC (≈ $784.5 M), A clear signal that institutional conviction in Bitcoin is accelerating. pic.twitter.com/IOf2CuaFUt

— Crypto Patel (@CryptoPatel) November 11, 2025

How The Buy Was Funded

Reports have disclosed that Strive tapped a preferred-stock vehicle called SATA to gather money for the purchases. The structure was described as a way to raise capital and direct proceeds into Bitcoin purchases.

The preferred shares were offered to investors who wanted exposure to the strategy, and then funds were used to acquire the coins over several trading days. This financing route was highlighted in several writeups as central to how the firm completed a multi-million dollar buy without a single public market order.

Market Reaction And Implications

The market reaction was measured. Some analysts pointed out that a $162 million buy is sizable but still small relative to total Bitcoin market depth. Others noted it signals growing comfort among certain fund managers in putting corporate balance sheet money into Bitcoin.

Price moves were mixed during the purchase window, which meant the average cost came in above and below intraday swings. A few commentary pieces also flagged that public filings and precise timing matter when trying to pin down the full picture.

Next Steps For Strive

As of November 11, 2025, Strive’s public statements on this specific purchase were limited in the sources reviewed. Based on reports, the firm’s strategy appears to include using equity instruments to fund further buys if investor demand continues.

Industry observers said they will watch regulatory filings and later disclosures for a clearer record of timing, price, and any ongoing plans.

Presidential Ambition

Vivek Ramaswamy, an American biotech entrepreneur, gained national attention during his run for the Republican nomination in the 2024 US presidential race.

He suspended his campaign on January 15, 2024 after finishing fourth in the Iowa caucuses.

Featured image from Gemini, chart from TradingView

BlackRock’s head of crypto, Robbie Mitchnick, says the gravitational center of Bitcoin’s market structure has shifted decisively from miner issuance to exchange-traded fund demand—and that’s why classic four-year “halving cycles” should command far less attention than they used to. In a Bankless interview released November 10, Mitchnick argued that the ETF era is now the dominant flow regime for BTC, even as leverage and short-term derivatives noise continue to whipsaw prices.

ETF Inflows Now Dwarf The Bitcoin Halving

“It’s not over,” Mitchnick said when asked whether the latest sell-off marked the end of Bitcoin’s current cycle. “This is the fifth cycle we’ve seen […] through each successive cycle, the level that Bitcoin reached was massively higher than the prior cycle.” He added a pointed caveat for anyone still treating halvings as the metronome of BTC: “A lot of people believe the cycle is tied to [the] Bitcoin halving. The Bitcoin halving at this point is almost totally irrelevant […] when ETFs are accumulating inflows, the magnitude of those inflows is many, many multiples larger than any change in supply created by a Bitcoin halving event.”

Mitchnick’s framing puts Wall Street, not the protocol schedule, at the center of the next phase. BlackRock’s spot Bitcoin ETF, IBIT, “has been the fastest-growing ETF post-launch in history,” he said, reaching milestones at roughly four times the pace of the previous record. More telling than raw AUM, in his view, is the changing composition of holders. In the first quarter after launch, “IBIT was over 80% direct retail investors. Every quarter thereafter that number has come down […] today it’s close to 50%,” reflecting the steady rise of wealth advisory and institutional channels.

That institutional cohort is still early, but broadening. “If you think about the big categories of institutional investors, you’ve got family offices, asset managers, sovereign wealth funds, university endowments, foundations, corporate treasurers, insurers, pension funds. You have some adopters in every one of those archetypes, but not the majority, not even close,” he said.

For those allocating, typical position sizes land in the “1% to 3% range.” The gating factor, again, is less about custody or access—and more about how Bitcoin behaves inside a portfolio. “It’s all about correlation,” Mitchnick noted, recounting a conversation with a pension CIO who is “literally” watching that metric. If Bitcoin persistently tracks “digital gold” rather than “levered NASDAQ,” he argued, “it’s a slam dunk to put a couple percentage of portfolio allocation in it.”

The tension is that short-term market action still looks like crypto. Mitchnick called the October 10 washout—roughly “$21 billion in liquidations”—a leverage event rather than a shift in fundamentals, and contrasted it with the steadiness of fund buyers: “What was the impact on ETF outflows? Tiny […] a couple hundred million.” That discrepancy, he said, is precisely why cycles should attenuate over time: a larger, slower-moving base of ETF and advisory capital can absorb derivatives-driven shocks without mechanically exiting.

He also pushed back on narratives that Bitcoin’s 2025 underperformance versus gold invalidates the “uncorrelated hedge” thesis. The digital asset, he argued, already banked its “debasement trade” in late 2024, rallying from the “high $60s to over $100K,” and even notched a new all-time high around $126,000 before the October crash “derailed the momentum.” In other words, the year-to-date scoreboard reflects sequencing and leverage, not a structural repudiation of Bitcoin’s store-of-value pitch.

On supply dynamics, Mitchnick acknowledged that legacy cohorts have taken profits at psychological levels, but he dismissed the idea that Bitcoin is in an “IPO moment” where early adopters permanently hand the float to institutions. What’s more plausible, he said, is simple risk management by ultra-early holders whose basis sits at “$100 or $500,” many of whom had $100,000 as a round-number trim target. “At some point you do have to take some chips off the table,” he said, adding that long-term performance has favored patience over short-term, levered trading.

Mitchnick was careful not to oversell universal adoption among big pools of capital. Central banks, he suggested, remain a tail-risk buyer rather than a base case. The near-term path instead runs through the institutions already tiptoeing in—pensions, insurers, sovereign wealth funds—whose conviction will hinge on medium-term behavior and policy clarity.

The message for allocators facing their first full drawdown with ETFs live was direct: don’t mistake derivatives noise for broken fundamentals, and be selective. “There’s a reason Bitcoin is still roughly 65% of the market cap of the space,” he said. “One has to be very wary going far down the table […] the vast majority of [tokens] are or will be totally worthless.”

For Bitcoin, the test is whether it keeps behaving like what institutions think they’re buying. “People have to look beyond these short-term moves […] and more about, you know, medium and longer term how does it track,” Mitchnick said.

At press time, BTC traded at $105,497.

Zhimin Qian, a Chinese national widely called the “Crypto Queen,” faces sentencing in the UK after admitting to offences tied to what authorities call the largest cryptocurrency seizure ever recorded.

According to court documents, Qian – also known as the Chinese “Goddess Of Wealth” – pleaded guilty on September 29, 2025 to acquiring and possessing criminal property in the form of Bitcoin. Reports have disclosed that police seized more than 61,000 BTC during a 2018 raid, an amount worth at least $6.5 billion at current market rates.

Major Seizure Prompts Court Action

Investigators say the haul came from an investment scheme run in China between 2014 and 2017. Prosecutors link the activity to a company named Tianjin Lantian Gerui Electronic Technology Co Ltd, which allegedly promised high returns to thousands of people.

Reports put the number of victims at more than 128,000. That figure has raised questions about how any recovered funds could be shared among so many claimants.

China’s “Goddess Of Wealth” Faces Jail In UK Over $6 Billion Bitcoin Scamhttps://t.co/LdnTWVl3xz pic.twitter.com/M7b329kEkB

— NDTV WORLD (@NDTVWORLD) November 10, 2025

The Arrest And The Evidence Trail

According to police statements, Qian left China around 2017 and later used false travel documents, including a St Kitts & Nevis passport, to live in the UK. In 2018, officers searched a property in Hampstead and found wallets and devices that helped them trace the crypto holdings.

Records shown in court link transfers and accounts to the scheme that defrauded investors. The items seized in that operation are central to the Crown’s case and to plans for victim compensation.

Compensation And Cross-Border Challenges

Reports have outlined the legal and practical hurdles ahead. The Bitcoin seized in 2018 has risen massively in value since then, which complicates decisions about how to return money to those harmed.

Lawyers say cross-border claims between UK authorities and Chinese victims could take years to sort out. Based on reports, one worry is conflicting claims over who is entitled to the assets and whether victims will receive the current market value of the Bitcoin or the value at the time of seizure.

Sentencing Timeline And Possible Penalties

According to court sources, Qian could face up to 14 years behind bars under the charges she admitted. Sentencing was expected to take place soon after the guilty plea, although exact dates have not been confirmed publicly by the court in all outlets.

Judges will consider the scale of the loss, the number of victims, and the role Qian played in moving or hiding the funds when deciding the sentence.

Investigations And Next Steps

UK authorities including the Metropolitan Police and the Crown Prosecution Service are coordinating efforts to secure the remaining assets and to set up processes for victims to claim funds.

Featured image from Gemini, chart from TradingView

Bitcoin has regained critical levels after a week of intense selling pressure, sparking renewed optimism across the market. Despite uncertainty among traders, key on-chain data from CryptoQuant suggests that a new surge may be brewing — provided current momentum continues to build.

According to top analyst MorenoDV, Bitcoin is entering a liquidity configuration that has only appeared a handful of times since 2020, each marking a pivotal turning point in the cryptocurrency’s trajectory. He explains that when stablecoin reserves reach extreme levels relative to Bitcoin’s market cap, the market rarely stays quiet for long.

This setup typically signals an imbalance between available liquidity and Bitcoin’s valuation — meaning that a large pool of “dry powder” is sitting on the sidelines, waiting to be deployed. Historically, such conditions have preceded strong directional moves, either upward or downward, depending on how confidence returns to the market.

Stablecoin Liquidity Suggests a Critical Turning Point for Bitcoin

According to MorenoDV, one of the most important indicators to watch right now is the Stablecoin Supply Ratio (SSR) — a metric that compares Bitcoin’s market cap to the total market cap of all stablecoins. When SSR drops, it means stablecoin liquidity is expanding relative to Bitcoin’s value — or, in simpler terms, there’s more “dry powder” sitting on the sidelines waiting to be deployed.

Currently, the SSR has fallen back to its lower historical range around 13, the same zone that marked market bottoms in mid-2021 and again throughout 2024. In each of those instances, Bitcoin was consolidating quietly before launching into strong recovery rallies.

A similar pattern can be seen in the Binance Bitcoin/Stablecoin Reserve Ratio, which shows stablecoin reserves rising while BTC reserves continue to decline. This dynamic often signals that investors are positioning capital for accumulation — a sign of seller exhaustion and structural capitulation where weak hands exit, and strong hands begin quietly rebuilding positions.

MorenoDV notes that from a risk/reward standpoint, these phases historically present asymmetric opportunities — limited downside, but expanding upside as liquidity rotates back into Bitcoin.

Still, this zone acts as both an accumulation opportunity and a final support line. If these liquidity levels hold, Bitcoin could soon see another upward impulse toward new highs. But if they break decisively, it may confirm the end of the current cycle’s structure and trigger a deeper revaluation phase before the next growth leg begins.

Holding the Line Above $100K

Bitcoin continues to defend the $100K–$105K range, a key structural zone that has served as both support and consolidation throughout the cycle. On the weekly chart, BTC remains above its 50-week moving average (blue line) — a level that has historically acted as a springboard for mid-cycle recoveries.

The current candle shows a mild rebound after testing the $104K region, signaling that bulls are attempting to regain control. However, volume remains subdued compared to previous rallies, indicating a cautious tone among market participants following recent liquidations.

A decisive close above $108K–$110K would strengthen bullish momentum and confirm a potential continuation toward the $115K–$120K resistance zone. Conversely, losing the 50-week MA could trigger a retest of lower supports near $95K–$98K, marking a deeper correction phase.

Despite the mixed sentiment, the structure remains intact within a broader uptrend. The long-term moving averages — particularly the 100-week (green) and 200-week (red) — continue to slope upward, confirming that Bitcoin’s macro trend is still bullish.

Featured image from ChatGPT, chart from TradingView.com

The U.S. Treasury and Internal Revenue Service (IRS) have officially approved staking for crypto exchange-traded funds (ETFs), marking a historic turning point for digital asset investing.

Related Reading: Hedera Hashgraph Added To Google BigQuery Public Datasets

The new guidance, issued under Revenue Procedure 2025-31, allows ETFs and trusts holding proof-of-stake (PoS) assets such as Ethereum (ETH) and Solana (SOL) to stake their holdings and distribute staking rewards directly to investors, without jeopardizing their tax status.

U.S. Treasury Opens Door for Crypto ETF Staking

Treasury Secretary Scott Bessent described the advances as a major step in keeping the U.S. at the forefront of blockchain innovation.

The framework introduces a “safe harbor” for regulated funds, clarifying how staking rewards will be taxed and distributed. Investors will now pay taxes only when they take control of rewards, while the ETFs themselves remain exempt from trust-level taxation.

Industry experts hailed the decision as the final piece of regulatory clarity needed to unlock institutional participation in staking. Analysts estimate the change could bring $3 billion to $6 billion in new inflows to staking-based crypto products within the next year.

Strict Compliance Rules for Fund Managers

To qualify under the new framework, ETFs must meet specific conditions. Funds can only hold a single digital asset and cash, work with qualified custodians for key management, and engage independent staking providers to handle validator operations.

This structure ensures investor protection while bridging traditional finance and decentralized blockchain systems. It mirrors earlier SEC approvals from September 2025, which cleared listing rules for crypto ETFs and confirmed that certain staking operations do not constitute unregistered securities.

Bill Hughes, senior counsel at Consensys, said the policy “eliminates the biggest legal and tax uncertainty that kept institutions from integrating staking into regulated products.”

The guidance, he added, gives fund sponsors confidence to offer yield-bearing ETFs that generate passive income for investors through network validation.

From Policy Uncertainty to Passive Income

Until now, U.S. fund managers had avoided staking due to regulatory ambiguity and fear of losing favorable tax treatment. With this guidance, both retail and institutional investors can earn 3–7% annual staking rewards on assets like ETH and SOL through ETFs, without running their own nodes or managing wallets.

The announcement follows weeks of government inactivity during the record 40-day U.S. shutdown, making it one of the first major regulatory actions since the reopening. It signals a return to policy momentum and a broader embrace of digital assets by Washington.

Related Reading: Bitcoin Price Dump Finally Over? Analyst Explains Why It Is Time To Invest

Analysts believe this decision cements America’s position as a global leader in digital asset regulation, potentially sparking a new wave of staking-enabled ETFs from financial giants like BlackRock and Fidelity.

Cover image from ChatGPT, BTCUSD chart from Tradingview

Ethereum has regained the $3,500 level after a volatile week marked by heavy selling pressure and uncertainty across the crypto market. Bulls, who briefly lost control as ETH dipped below key support levels, are showing renewed strength as liquidity surges and sentiment begins to shift.

According to a recent CryptoQuant report, data from Binance — the world’s largest Ethereum trading platform by volume — reveals a notable on-chain trend that could signal deeper structural strength. The ETH supply on Binance has been in steady decline since mid-year, following a peak between June and July. By November, it had dropped to its lowest level since last May, now sitting around the 0.0327 level.

This consistent decrease in available ETH on exchanges typically reflects a migration of coins into cold storage or private wallets, suggesting that investors are opting to hold rather than sell. Historically, this behavior has been viewed as bullish in the medium to long term, as it reduces the amount of Ethereum available for immediate sale and relieves market pressure.

Ethereum Exchange Supply Decline Signals Market Accumulation Phase

In the CryptoQuant report, analyst Arab Chain highlights a notable divergence between Ethereum’s price action and exchange supply dynamics. The price of Ethereum (black line) climbed to consecutive highs near $4,500–$5,000 in August and September 2025 before retracing to around $3,500 today. Interestingly, this decline coincided with a sharp drop in exchange-held ETH supply, suggesting that many traders withdrew their coins after securing profits — likely moving them into cold storage in anticipation of longer-term accumulation.

If this trend of declining Ethereum supply on Binance persists, market liquidity for ETH sales could tighten further. Such a contraction in sell-side supply often supports price stabilization, as reduced availability of tokens on exchanges lessens immediate selling pressure. In favorable macro or on-chain conditions, this setup could even help catalyze a renewed upward phase, especially if risk appetite among institutional and retail investors strengthens.

However, Arab Chain cautions that continued weak demand or reduced network activity might limit any near-term upside, keeping prices in a sideways range. Despite short-term uncertainty, the broader on-chain picture reflects a transitional accumulation phase, where long-term holders dominate flows.

This ongoing migration of ETH off exchanges — paired with increasing self-custody behavior — underlines growing investor conviction. If fundamental catalysts such as network upgrades, ETF approvals, or renewed DeFi activity align, Ethereum could be setting the stage for the next bullish leg of the cycle.

ETH Price Analysis: Reclaiming Key Support Levels

Ethereum is showing early signs of stabilization after reclaiming the $3,500 level, marking a modest but significant recovery from the recent capitulation phase that drove prices near $3,200. As seen in the daily chart, ETH has found temporary support at the 200-day moving average (red line), a historically reliable level that often defines the boundary between bullish and bearish cycles.

The price is now testing resistance near the $3,600–$3,700 zone, where both the 50-day (blue) and 100-day (green) moving averages converge. A breakout above this area could confirm renewed bullish momentum, potentially setting the stage for a move toward $3,900–$4,000, aligning with previous range highs.

However, the overall structure still reflects caution. The failure to hold above $4,000 earlier this month underscores the ongoing battle between buyers attempting to regain control and sellers taking profits amid market uncertainty. Trading volume remains subdued compared to the August–September rally, suggesting that conviction among market participants is still rebuilding.

Featured image from ChatGPT, chart from TradingView.com

Dogecoin’s recent price action has shown more stagnation than strength, leaving investors uncertain about its next major move. A technical analyst using Elliott Wave theory has shared a long-term outlook suggesting that Dogecoin could be in a corrective phase that may extend further than most traders expect. 

According to the analyst, the current formation could trace back to a much deeper level in what he described as the worst-case scenario for Dogecoin.

Long-Term Structure Suggests Extended Wave 4 Consolidation

The analysis revisits Dogecoin’s structure dating back to its 2021 peak, when the meme coin reached $0.73 at the height of meme coin euphoria. The analysis proposes that since then, Dogecoin’s price action has been trapped in a multi-year corrective wave to form what looks like a wave 4 pattern that began around May 2021. The prolonged sideways consolidation has produced overlapping structures marked by alternating A-B-C corrective sequences, consistent with a complex Elliott Wave correction.

The analyst noted that the price pattern could alternatively be forming a leading diagonal that started in late 2023. Leading diagonals often appear at the beginning of a new impulsive cycle, but they are also characterized by steep retracements before the larger trend continues. He added that Dogecoin’s retracement has already satisfied the 0.5 Fibonacci retracement level, while the 0.618 level, which is considered a stronger support zone, lies only a few cents away.

Despite Dogecoin bulls defending around current support zones between $0.15 and $0.17, the technical analysis projected a potential deeper drop scenario. In this case, the worst-case outlook would involve Dogecoin revisiting the “single-digit cents” area, specifically the 0.618 to 0.786 Fibonacci retracement levels, as shown on the chart below. 

This projection is based on a possible retest of the lower boundary of the long-term channel, a move that could complete sub-impulse wave (ii) or a final leg C below $0.10 before the next impulsive wave begins.

Bullish Implications Beyond The Correction

The idea of Dogecoin falling below $0.10 would seem far-fetched for most traders, especially since the meme coin has consistently managed to hold the $0.15 to $0.16 range during corrections. Yet, this possibility cannot be completely ruled out, considering the meme coin is only a 33% move to $0.10 if the selling pressure intensifies enough to push it below $0.15.

Such a decline would not necessarily invalidate a long-term bullish structure, but it would reflect a final flush-out typical of late-stage corrections in an impulse wave that goes back as far as mid-2021. 

However, if support at or near $0.16 continues to hold, the next rally could aim above $0.5. A break and close above $0.5 will invalidate the fourth impulse wave analysis. At the time of writing, Dogecoin is trading at $0.1774, down by 1.9% in the past 24 hours.

Solana (SOL) continues to dominate the crypto investment space as institutional inflows surge, signaling renewed confidence in the altcoin market.

According to recent filings, major financial institutions, including Rothschild Investment and PNC Financial Services,  have disclosed holdings in Solana-based ETFs, adding to a nine-week streak of consistent inflows that now total over $2.1 billion.

Institutional Giants Fuel Solana ETF Momentum

Rothschild Investment, with $1.5 billion in assets under management, reported acquiring 6,000 shares of the Volatility Shares Solana ETF (SOLZ), valued at approximately $132,720.

Similarly, PNC Financial revealed positions in Solana products, reflecting a growing appetite among traditional firms for blockchain assets with strong yield potential.

These disclosures come as Solana ETFs recorded $336 million in weekly inflows, highlighting the asset’s rising institutional appeal amid broader market stabilization.

U.S. Regulatory Clarity and Altcoin Season Revival

The U.S. Treasury’s latest guidance allowing Wall Street-traded cryptos to distribute staking dividends has supercharged Solana’s ETF momentum. This move provides a clear framework for fund managers to offer staking rewards legally, driving demand for proof-of-stake networks such as Solana.

Treasury Secretary Scott Bessent hailed the policy as “a clear path to staking digital assets on Wall Street,” marking a sharp policy shift toward blockchain innovation.

CoinShares data shows Solana leading all assets with $118 million in new inflows last week, outpacing Bitcoin and Ethereum, which saw outflows. XRP ranked second with $28.2 million in inflows, while Cardano (ADA) followed closely, showing a shift toward altcoins as investors seek higher returns.

The Altcoin Season Index currently stands at 39, showing a gradual recovery in progress rather than a full-scale altcoin rally. Meanwhile, Bitcoin’s dominance has eased to 59%, down from 61%, suggesting that capital is beginning to rotate into select high-performing altcoins as investor confidence slowly returns.

Solana Price Targets Key Breakout Levels

SOL’s price has reflected this growing optimism, rebounding over 8.5% from lows of $145 to trade around $163 at press time.

Technical charts reveal a rising channel formation, with immediate resistance at $172 and $175, and stronger resistance at $188. A breakout above these levels could trigger a move toward $202–$220, analysts suggest.

Network metrics reinforce Solana’s bullish outlook: on-chain transactions now exceed 543 million weekly, while stablecoin volumes have surged 140% to $14 billion.

As institutional inflows and ETF innovations accelerate, Solana stands at the forefront of the next potential altcoin season rally, positioning itself as the leading institutional-grade blockchain of 2025.

Cover image from ChatGPT, SOLUSD chart on Tradingview

A Coinbase spokesperson confirmed to Fortune that the cryptocurrency exchange has officially terminated its acquisition discussions with UK-based stablecoin startup BVNK. Coinbase had initially secured exclusive negotiation rights with BVNK after navigating a competitive bidding process.

Coinbase Abandons BVNK Acquisition

A Coinbase representative stated, “We’re continuously seeking opportunities to expand on our mission and product offerings. After discussing a potential acquisition of BVNK, both parties mutually agreed to not move forward.” 

The acquisition, which was valued at around $2 billion, would have positioned the crypto firm as a significant player in the stablecoin infrastructure landscape, which has been continuously rising throughout the year under President Trump’s administration with the passage of the GENIUS Act.

Coinbase has been actively pursuing high-profile acquisitions to strengthen its core operations. Earlier this year, it completed a $2.9 billion purchase of the crypto derivatives exchange Deribit. 

Brian Armstrong, the exchange’s CEO, emphasized this during the firm’s third-quarter earnings call, noting that all recent mergers and acquisitions support the company’s commitment to its core business.

Had the deal with BVNK been finalized, it would have marked a substantial investment in stablecoin infrastructure, nearly doubling the $1.1 billion paid by fintech giant Stripe for another stablecoin startup, Bridge, in February. 

New Platform For Retail Token Purchases 

Coinbase has been actively working to diversify its revenue beyond traditional trading fees, with stablecoins accounting for approximately 20% of its revenue in the third quarter. 

In its latest earnings report, Coinbase exceeded analysts’ expectations with transaction revenue reaching $1.05 billion—up significantly from $572.5 million during the same period last year. 

Additionally, the company announced on Monday the launch of a new platform that allows retail investors to purchase digital tokens before they are officially listed on the exchange. 

Featured image from Shutterstock, chart from TradingView.com