Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Mutuum Finance (MUTM), a DeFi lending and borrowing protocol, has seen rapid presale momentum after launching at $0.01 in early 2025 and rising to $0.035 (≈250% gain). The project markets over‑collateralized stablecoin mechanics, mtTokens (interest‑accruing deposit tokens), a liquidity pool, debt‑tracking tokens and a liquidation bot. Total supply is 4 billion MUTM; 1.82 billion (45.5%) allocated to presale and over 800 million already sold. Phase‑6 of the presale is near sold out (≈95% sold) with roughly 5% remaining; a recent $100,000 whale purchase and a $100,000 community giveaway have increased buying pressure and urgency. Mutuum reports about $19M raised and more than 18,200 registered investors. The team expects a V1 release on the Sepolia testnet in Q4 2025 supporting ETH and USDT and notes Halborn is conducting a security audit. The project also promotes card payments and daily engagement rewards to boost adoption. Listings chatter cites a potential open price of ~$0.06. Analysts quoted frame MUTM as a low‑priced token with reduced circulating supply and several near‑term catalysts (audit completion, V1 testnet launch, stablecoin rollout and exchange listing) that could drive further price appreciation on listing. The article is presented as a press release and is not investment advice. Key SEO keywords: Mutuum Finance, MUTM presale, DeFi lending, stablecoin, Halborn audit.

A New York Times investigation says David Sacks, serving as President Trump’s AI and crypto adviser, holds stakes in 708 tech companies — including 449 AI firms — while helping shape national AI and cryptocurrency policy. Ethics waivers allowed Sacks to keep some assets, but the value and timing of remaining holdings are unclear and many investments were broadly classified (hardware/software rather than explicitly AI). Critics including Senator Elizabeth Warren and law professors call the arrangement a conflict of interest; experts warn of potential self-dealing. The NYT report also details Sacks’ ties to industry players (notably Nvidia CEO Jensen Huang) and his involvement in White House AI events where sponsorship and access questions arose. Sacks has denied wrongdoing, saying he complied with ethics rules and that public service has cost him financially. The story underscores tensions between recruiting industry experts for policy roles and maintaining transparency to avoid policies that could benefit private investments.

The XRP Ledger recorded an unusual burst of over 40,000 AccountSet transactions within a short period, prompting speculation that institutions or large operators are preparing clusters of wallets rather than a scripting error. Observers noted the transactions were structured and consistently sized (20,000–40,000), suggesting a deliberate batch setup often used to adjust keys, enable flags, or ready wallets before adding liquidity. The event differed from a past BitGo-related anomaly that stemmed from a script loop. At press time, XRP traded around $2.19, holding support between $2.19–$2.24 with weekly gains above 5%. Analysts identify $2.35 and $2.88 as near-term upside targets and $1.87 as a downside risk if $2.19 fails. Technical indicators show RSI breaking its downtrend and price sitting above a long-term ascending trendline from 2022; reclaiming $2.80–$2.88 could accelerate a move toward the $3.30 barrier. For traders: the ledger activity suggests backend preparations that could precede liquidity inflows; maintain risk management around the $2.19 support and watch for volatility if $2.35 is tested.

Blockchain security firm CertiK reported about $127 million in net crypto losses in November 2024 after recoveries, with gross losses exceeding $172 million. The month was dominated by a Balancer liquidity-pool exploit that drained roughly $113 million and cascaded through Ethereum-linked DeFi and Layer-2 protocols. CertiK logged 53 incidents in November; DeFi bore the largest share of losses (≈$134M). Notable non-DeFi incidents included a South Korean exchange Upbit hot‑wallet hack (~$29.8–37M) reportedly linked to the Lazarus Group, plus smaller losses at projects such as Beets and Gana Payment. CertiK attributes most losses to smart‑contract/code vulnerabilities (the majority of the $130M+ figure), with wallet compromises contributing materially. Improved coordination among exchanges, blockchain analytics firms and law enforcement enabled roughly $45M to be frozen or recovered. For traders: expect elevated volatility in tokens tied to exploited protocols and related DeFi/Layer‑2 markets; prioritise monitoring smart‑contract audit statuses, on‑chain freezes, and exchange custody developments. Primary keywords: Balancer exploit, crypto losses, DeFi exploit, Upbit hack, CertiK report.

Cocoon, a privacy-focused decentralized AI compute network built on The Open Network (TON), has launched and begun processing user requests. Announced by Telegram co-founder Pavel Durov, Cocoon lets GPU owners rent computing power to the network and earn Toncoin (TON) as payment. Durov positions Cocoon as an alternative to centralized cloud compute providers such as Amazon and Microsoft, citing cost and data-privacy concerns. The system distributes AI compute tasks across network nodes rather than a central server and aims to protect user data while reducing reliance on centralized AI services. Early reports indicate GPU operators are already receiving TON rewards for completed tasks. Supporters argue that a blockchain-backed compute layer can provide tamper-proof records, verifiable data provenance and stronger privacy guarantees. For traders, the launch may drive increased Toncoin utility and on-chain activity as compute demand and GPU reward flows begin, potentially boosting TON network usage.

Stablecoin liquidity is recovering as USDC inflows restore activity across the $306 billion market. Recent on-chain metrics show rising USDC reserves and increased trading volumes, reversing a prior liquidity squeeze that pressured decentralized finance (DeFi) lending and DEX operations. Analysts attribute the upswing to renewed institutional and retail demand for USDC, confidence in issuer operations, and allocations returning from exchanges and custody providers. Key figures: the overall stablecoin market valuation is around $306 billion, with USDC capturing a notable share of recent net inflows. The recovery has eased funding stresses in lending protocols and reduced slippage on major decentralized exchanges, improving execution for traders. Market watchers note this may tighten borrowing spreads and lower short-term volatility for crypto majors by stabilizing fiat-pegged liquidity. Traders should monitor USDC reserve changes, on-chain transfer activity, and exchange order books for early signals of continued liquidity normalization. Primary keywords: USDC, stablecoin liquidity, stablecoin market. Secondary/semantic keywords included: DeFi lending, DEX slippage, on-chain reserves, institutional inflows.

GeeFi’s GEE presale sold out Phase 1 in about 12 days, moving 10 million tokens and drawing thousands of early buyers. Phase 2 is live at $0.06 (20% above Phase 1) and Phase 3 will increase the price again; organizers report strong demand and plan exchange listings. Projected selling points include staking rewards up to 55% APR for 12‑month locks, a deflationary token model with fee burns, a non‑custodial GeeFi Wallet supporting swaps and bridges across 14+ chains, a web dashboard (GeeFi HUB), a DEX, fiat on/off‑ramps, and an upcoming GeeFi crypto debit card. The team reports over $300k raised in earlier activity and claimed planned listing prices (organizers cited $0.40) while some analysts speculate upside scenarios up to $2, driving FOMO among retail buyers. Separately, Avalanche (AVAX) is noted to have fallen toward $15, highlighting divergent momentum across projects. The coverage is press release–style and promotional; traders should perform due diligence and treat presale claims and listing rumors cautiously.

Cryptocurrency analyst Colin Talks Crypto updated his 12‑month outlook for Bitcoin (BTC), shifting to a more bearish base case. He assigns only a 20% probability to Bitcoin rallying straight to a new all‑time high from current levels. Instead, Colin expects a more likely path where BTC first stages a relief rally into the $100,000–$115,000 range and then undergoes a corrective phase. He outlined two possible correction patterns: (1) a shorter, milder correction lasting 6–8 months followed by a strong rebound — potentially aided by improved ISM economic data — or (2) a classic bear‑market cycle extending around 12 months. Colin warned traders against overly optimistic expectations that price will immediately reach new highs. (Not investment advice.)

PIPPIN, the autonomous LLM AI token, rallied roughly 345% from its weekly low after heightened social media attention since Nov 24. The token’s market cap reached about $117 million at the time of writing, with a 24‑hour gain of 58.6% while daily volume fell ~11.4% from a weekend spike. Technicals on the daily chart show a bullish structure: moving averages are supportive, on‑balance volume indicates recent buying, and the $0.09–$0.10 zone has flipped to support. A loss of $0.04 would be required to shift the daily structure bearish. Shorter-term (1‑hour) indicators show overbought RSI but no bearish divergence; immediate supports are the 1‑hour moving averages at $0.1066 and $0.086 and the $0.09–$0.10 zone. Fibonacci extension points to a near-term upside target of $0.159 (≈25% above current levels) if buying pressure continues. Analysts suggest a brief retracement toward $0.10 could present a buying opportunity, while sustained demand could push PIPPIN higher. Disclaimer: this is analysis, not financial advice.

S&P Global downgraded USDT’s peg-stability rating to “weak,” citing reserve composition and conservative treatment of volatile assets. Tether CTO Paolo Ardoino immediately disputed the rating, saying S&P ignored key balance-sheet items in Tether Group’s Q3 2025 attestation: about $215 billion in total assets versus roughly $184.5 billion in stablecoin liabilities (implying ~ $7 billion in excess equity), ~ $23 billion in retained earnings, and an estimated ~$500 million in monthly base profits generated by US Treasury yields. S&P flagged holdings such as gold and Bitcoin as risk factors; market commentators diverged. Former BitMEX CEO Arthur Hayes warned that a material drop (~30%) in Tether’s gold/BTC allocations or in yield income could erode equity and threaten USDT’s solvency. Ex-Citi analyst Joseph Ayoub countered that Tether is highly profitable and better collateralised than many banks, and may hold excess assets beyond reported figures. For traders: expect short-term volatility around stablecoin flows, liquidity and on‑chain USDT movements as market participants reassess reserve risk. Monitor future attestations, shifts in Tether’s disclosed reserve mix (treasuries vs. gold/BTC), Treasury yield trends, and regulatory commentary — these are the primary drivers that could change USDT liquidity conditions and peg stability. Primary keywords: USDT, Tether, S&P Global, stablecoin reserves, Treasury yields.

Cryptocurrency analyst James Van Straten reported speaking with three hedge fund managers who profited from recent short positions on Bitcoin and bitcoin-related products. According to Van Straten, most of these funds closed their shorts late last week or early this week and have reverted to long positions. He characterizes this rotation as a potential market “bottoming signal.” Van Straten also addressed claims by Arthur Hayes that Tether is heading for bankruptcy, dismissing them based on Tether’s Q3 2025 reserve report. He noted that even a hypothetical 30% decline in Tether’s gold and Bitcoin holdings would not erase its core assets; Tether would still reportedly hold $158.4 billion in core assets, covering roughly 91% of liabilities and leaving a $6.8 billion buffer. Key takeaways for traders: hedge funds’ rapid switch from short to long may increase buying pressure on BTC in the near term; profit-taking and position flips can drive volatility; concerns about Tether’s solvency appear overstated according to Van Straten’s reading of the reserves, which could ease stablecoin-related market anxiety. This is not investment advice.

South Korea’s two largest crypto exchanges recorded a sharp 24-hour surge in trading volumes focused on low- and mid-cap altcoin pairs. Lisk (LSK) led the increase with $131.49 million in volume, briefly reclaiming top trader interest in the market. XRP dropped to second with $130.96 million, followed by USDT ($127.09m), BTC ($95.73m), ETH ($59.82m) and Sahara AI (SAHARA) at $60.36m. Other notable volume gainers included WAL, COMP, DEEP, MON, IRYS, PIEVERSE, LEFT and ENA. The spike reflects heightened local retail activity and short-term volatility in altcoins on Korean platforms, not an indication of broader market fundamentals. Traders should note concentrated volumes in specific Korean pairs may create localized price moves and temporary liquidity imbalances. This is not investment advice.

Dogecoin (DOGE) has slipped below $0.15 after a two-month retracement from roughly $0.271 to about $0.13, driven by a sharp decline in high-value whale transfers and dominant bearish retail futures positioning. Santiment reports whale transfers above $1M fell from ~285 to under 38 in two months, signalling reduced large-holder activity. CryptoQuant spot metrics show some measured accumulation by a small number of whales, but this has not offset selling pressure from retail-dominated futures markets. Market sentiment readings (Market Prophit) put crowd/futures sentiment at a bearish 1.31, while smart-money indicators are only faintly bullish. For traders: reduced institutional engagement and low whale transfer counts limit the potential for a sustained, organic rally; watch whale transfer volume and on-chain spot accumulation as early signs of renewed buying. Monitor futures crowd sentiment and open interest for continued downside risk. Historical patterns cited by analysts note Q4 breakdowns of key support have sometimes preceded sharp recoveries — implying a rebound is possible — but any meaningful DOGE upside likely depends on broader crypto market improvement and confirmation from increased on-chain accumulation and price action. SEO keywords: Dogecoin, DOGE, whale activity, on-chain data, futures sentiment, retail selling.

Tether came under renewed scrutiny after comments from Hayes, but influential industry figures — including Tether CTO Paolo Ardoino — rebutted the claims and pointed to recent attestation data. Tether reports ~184.5B in stablecoin liabilities, ~215B in total assets, ~23B in accumulated profit and an excess-capital buffer (Q3 2025 figures cited). Analysts say the immediate Tether-related FUD has subsided. Market analysts are instead focused on Bitcoin liquidation clusters and key price levels. With BTC trading around $91,330, experts identify short/liquidation concentration zones near $88k–$90k and resistance clusters at roughly $94k, $97k and beyond. Scenario estimates cited: a 10% up-move could trigger roughly $8.5B in liquidations while a drop could expose about $6.4B. Commentators referenced historical analogues (COVID-19 and FTX) and technical markers such as the 200-week SMA with potential longer-term support near $56k. The article emphasizes heightened trader attention to liquidity bands and major resistance/support levels rather than immediate solvency concerns at Tether.

Three years after ChatGPT’s November 30, 2022 launch, OpenAI’s generative AI has reshaped technology, financial markets and workforce expectations. ChatGPT quickly became the fastest-growing consumer app and helped trigger an AI-led rally in large-cap tech: Nvidia rose ~979% since launch, while Microsoft, Apple, Alphabet, Amazon, Meta and Broadcom also captured significant gains. Those seven companies now compose roughly 35% of the S&P 500 weighting, contributing nearly half of the index’s 64% climb since ChatGPT debuted. Industry leaders including OpenAI CEO Sam Altman and board chair Bret Taylor have warned of speculative excess and bubble-like dynamics, though they and others maintain long-term optimism about AI’s economic value. Analysts and writers highlight workforce disruption and uncertainty as core social effects, with job-skills pressure and continuous adaptation required by businesses. The article frames the current moment as early-stage: powerful market concentration, bubble risk, and continued rapid innovation mean the next years will determine whether current enthusiasm is justified or needs recalibration.

Cryptocurrency tracker CoinGecko published an updated list of the 15 altcoins users searched most in recent hours, highlighting a mix of established networks and emerging projects that are drawing attention amid market volatility. The ranked list features Monad (MON), Pippin (PIPPIN), Zcash (ZEC), Pudgy Penguins (PENGU), Kaspa (KAS), Bitcoin (BTC), Aster (ASTER), Solana (SOL), Pi Network (PI), Toncoin (TON), Bittensor (TAO), Pepe (PEPE), Hyperliquid (HYPE), Starknet (STRK), and Quant (QNT). Market capitalizations cited range from hundreds of millions to trillions — for example, BTC at $1.82 trillion, SOL at $77.5 billion, and ZEC at $7.17 billion — indicating broad interest across market caps. The list shows trending attention toward privacy, layer-1 and layer-2 networks, memecoins and AI/ML-related tokens, which may signal where retail and speculative flows are concentrating in the short term. This data is informational and not investment advice.

Fresh on-chain data (Nov 29) shows a continued decline in XRP held on exchanges, with total exchange balances around 15.81 billion XRP — roughly 6.54 billion XRP (≈29.3%) lower since February. Major outflows were recorded at Upbit (−16.8M XRP), Bithumb (−3.8M XRP) and Binance (−2.1M XRP). Several venues (Bitget, Stake, BTC Markets, Bitso, Luno) showed large percentage or multi-month declines. Conversely, Coinbase, Gemini, Kraken and Bybit saw inflows or rebounds in their inventories. The report highlights a concentrated institutional accumulator — Evernorth — which showed significant net holdings and no outflows on the snapshot day. Analysts and community commentators interpret the asymmetric, concentrated withdrawals as likely institutional accumulation, custodial relocations, or local market moves; some view it as coordinated accumulation that could precede structural supply tightening in spot markets. The update stresses that diminished exchange liquidity may affect price sensitivity, but whether removed supply returns to markets will determine short-term price moves and longer-term dynamics. Disclaimer: informational only, not financial advice.

Ether options activity picked up notably as traders concentrated on $6,000-strike calls, reflecting growing bullish speculative interest in ETH. Options flow data showed heightened volume and open interest for long-call positions targeting a high price outcome, while nearby strikes registered comparatively muted action. This pattern suggests directional bets on a substantial upward move in Ether rather than hedging. The volume spike at the $6,000 strike — far above current spot prices — indicates either leveraged bullish speculation or structured trades by institutions seeking asymmetric upside. Traders should note that concentrated open interest in deep out-of-the-money calls can amplify volatility near expiry and may lead to gamma-driven price swings if dealers hedge positions. Key takeaways for traders: increased call buying at high strikes points to bullish sentiment; risk of short-term volatility around expiries due to dealer hedging; monitor open interest, implied volatility, and delta concentration to assess potential market impact.

Dogecoin large holders have sharply reduced on‑chain activity, hitting a two‑month low as spot DOGE ETFs launched in the U.S. saw muted demand. Grayscale’s GDOG and Bitwise’s DOGE product debuted this week, but GDOG opened with only about $1.4 million in trading volume. DOGE has traded in a narrow $0.133–$0.20 range since mid‑October and sits near $0.15, forming immediate resistance at $0.156 and a stronger ceiling at $0.20. Analysts link the subdued whale behavior and low ETF inflows to a broader slowdown in altcoin enthusiasm and cautious market sentiment. U.S. regulators are still reviewing a 21Shares filing for another DOGE ETF, which could add capacity if approved, but near‑term inflows look limited. Key trading implications: monitor whale activity, ETF volumes, and breakouts above $0.156 and $0.20 for signs of renewed buying; failure to hold $0.133 could signal further downside.

Analysts warn Bitcoin may not begin a sustained bullish wave for another 200–300 days after indicators show waning momentum. Axel Adler Jr. highlighted on X that Bitcoin’s monthly RSI has cooled from overheated levels to around 60% since March 2024; historically, similar RSI declines preceded a 200–300 day delay before the next major rally, suggesting a potential bottom between June and October 2026. On-chain analyst Joao Wedson (Alphractal) notes large holders (whales) are reducing longs or adding shorts relative to retail, a behavior that typically leads to sideways price action and could push BTC toward $80,000 before accumulation resumes. BTC was trading near $90,979 at publication, up ~7% week-over-week but showing slowing momentum. Key implications for traders: lower short-term conviction from whales and a cooling RSI point to elevated risk of prolonged correction or consolidation; traders should watch monthly RSI, whale position changes, and support at $80k for signals of accumulation or renewed bullish momentum.

Coupang disclosed a major data breach that exposed personal information from 33.7 million accounts. The company initially reported a much smaller incident but on discovery (Nov 18) found unauthorized access beginning June 24. Exposed fields include names, emails, phone numbers, shipping addresses and partial order histories; payment details and login credentials were reportedly not compromised. Coupang said it isolated affected systems, blocked the access route and tightened monitoring. CEO Park Dae-jun issued a public apology. Reports link a suspected former employee to the breach and a police complaint has been filed. The Ministry of Science and ICT has formed a joint investigation team to probe compliance with personal data protection laws; prosecutors and police are also investigating. Cybersecurity experts warn the leaked data can enable phishing, identity theft and targeted scams. Affected users are preparing legal action. Traders should watch for regulatory fines, legal costs and reputational damage that could weigh on regional tech and e‑commerce equities and risk sentiment. Short-term volatility may arise in stocks tied to Korean tech and consumer platforms; monitor investigations, enforcement actions and any wider contagion to payment or identity services that could influence token projects linked to e‑commerce or identity provisioning.

CoinGecko reports that decentralized exchanges (DEXs) hit a record monthly spot trading volume of $419.76 billion in October 2025, even as broader markets corrected. DEXs’ share of total spot trading rose from 6.0% in January 2021 to 21.2% in November 2025, with notable inflection points: a low of 5.4% in September 2022; recovery above 10% in March 2023 amid regulatory pressure on CEXs; a Solana-driven surge to 18.7% in January 2025 (Raydium and Uniswap volumes ~ $88–89B); and a peak of 37.4% in June 2025 driven by PancakeSwap after Binance Alpha’s May 2025 launch. Elevated volumes from May–October produced the October record. On-chain perpetual futures on DEXs also expanded rapidly: DEX perps reached $903.56 billion in October and the DEX-to-CEX perps ratio climbed to 11.7% in November 2025. Growth has been concentrated on specific platforms and chains—Solana DEXs (Raydium), PancakeSwap, and new perp venues such as Hyperliquid, Lighter and edgeX; Hyperliquid reported $2.74 trillion in perpetuals year‑to‑date. CoinGecko notes 14 consecutive months of month-on-month growth in DEX perp volumes but cautions that incentive-driven spikes and routing integrations (e.g., Binance Alpha routing to PancakeSwap) may be temporary. For traders: the report signals sustained liquidity migration to DEXs and expanding on-chain derivatives depth, which affects order routing, slippage, funding rates and execution costs. Key trading implications: monitor platform concentration (Solana DEXs, PancakeSwap, Hyperliquid), incentive schedules that can inflate volumes, routing sources that shift flow rapidly, and potential volatility from memecoin-driven activity. SEO keywords: DEX volume, decentralized exchanges, perpetuals, Solana, Hyperliquid.

US President Donald Trump announced the closure of Venezuelan airspace amid an expanded US military buildup in the southern Caribbean, sharply escalating tensions with Caracas. The Venezuelan government called the move a “colonialist threat,” and President Nicolás Maduro accused Washington of seeking pretexts for intervention. The US has deployed the USS Gerald R. Ford, additional warships, thousands of troops and F-35 jets to the region; Washington also designated the Cartel de los Soles a “foreign terrorist organization.” Reports say limited strikes and deadly incidents at sea have killed at least 83 people; Congress is probing alleged orders to kill all passengers on suspected drug boats. Trump indicated talks with Maduro remain possible but warned ground attacks could be “imminent.” For crypto markets, the article argues geopolitical escalation could raise risk-off sentiment and volatility for Bitcoin (BTC). In a limited strike scenario, BTC may see short-term volatility while oil moves modestly higher; if the conflict expands to ground operations and oil tops $100, inflation expectations could rise and the Fed might abandon expected rate cuts, pushing broader markets into a sharp risk-off phase and weighing on BTC prices. The piece frames possible outcomes: limited operation → transient BTC volatility; large-scale war → pronounced negative pressure on BTC, especially if monetary policy shifts. (This is market analysis, not investment advice.)

Bitcoin (BTC) surged past $91,000 as November closed, while overall on‑chain activity and trading volumes remained subdued and many altcoins traded sideways. Two protocol upgrades are in focus: Ethereum’s Fusaka upgrade (scheduled this week) aims to improve mainnet efficiency and better handle high-volume Layer‑2 transaction data via PeerDAS, lowering bandwidth and validation costs — a development positive for Ethereum scalability, tokenization use cases and Layer‑2 economics. Ontology (ONT) will launch MainNet v3.0.0 and a Consensus Nodes upgrade on December 1, 2025, alongside an ONG tokenomics change that caps ONG supply at 800 million, extends issuance to 19 years, and allocates 80% of released ONG to incentivize ONT staking. Traders should note short‑term price moves for Ether may reflect investor sentiment more than technical benefits, while ONG supply limits and staking incentives could affect ONT/ONG token dynamics.

A mystery whale has accumulated roughly $59.93 million worth of AAVE since October, including a recent $10.68 million purchase (60,000 AAVE) executed via Galaxy Digital’s OTC desk at an average cost of about $218 per token. On-chain trackers report the position carries approximately $13.8 million in unrealized losses at current prices. The buying streak coincides with a 15% AAVE price bounce over the past week and follows on-chain signals of reduced exchange supply. Analysts point to AAVE’s strong fundamentals — roughly $125 million in annualized protocol revenue, high utilization rates, minimal token incentives and over $10 billion TVL — as key reasons whales are accumulating despite short-term drawdowns. Traders should monitor on-chain whale activity, volume and sustained outflows from exchanges as confirmations; historical patterns show concentrated accumulation by large holders can precede multi-week rallies in established DeFi protocols. The report also briefly mentions other tokens in the market: ENA (Ethena) faces an upcoming unlock that may pressure price, ZEC (Zcash) remains weak amid low volumes, and ASTER (Aster) is reporting ecosystem upgrades that could improve utilization. Primary takeaway for traders: whale accumulation of AAVE plus strong revenue metrics is a bullish structural signal, but confirmation requires sustained volume and market-wide risk-on sentiment.

XRP futures open interest (OI) fell sharply from 1.7 billion XRP in early October to about 0.7 billion XRP, a near 59% decline, according to Glassnode. The drop signals widespread position closures — Glassnode described it as a “flush-out.” The perpetual funding rate also collapsed from roughly 0.01% to 0.001%, indicating waning bullish conviction as longs stop paying to hold positions. Glassnode notes Oct. 10 as a turning point when aggressive speculation on higher XRP prices moderated. On-chain metrics show the share of XRP supply in profit has declined to 58.5% (the lowest since Nov 2024), meaning approximately 41.5% of supply (~26.5 billion XRP) is now at a loss despite spot price trading around $2.15. Analysts view these signs as evidence of a top-heavy market structure dominated by late buyers. Key keywords: XRP, open interest, funding rate, Glassnode, futures, liquidation, on-chain metrics.

Coinbase reported its fifth consecutive quarter of revenue growth while keeping operating expenses well below prior bull-cycle peaks. Transaction revenue in the most recent quarter was $1.39 billion (down 9% QoQ, up 34% YoY). The company’s trailing revenue has recovered to levels near the start of the previous cycle, while tighter controls across technology, sales & marketing, and G&A have preserved operating leverage. Separately, Coinbase funded a major guaranteed-income pilot run by nonprofit GiveDirectly: about 160 low-income New York City residents will receive payments totaling $12,000 each, delivered fully in USDC (an $8,000 lump sum followed by $800 monthly for five months). Coinbase provided the funds but GiveDirectly handles selection, compliance, wallet setup and distribution. The combination of rising revenue, leaner costs and high-profile USDC payouts may affect investor sentiment around COIN, stablecoin usage, and exchange fee flows.

Fidelity’s tokenized money‑market fund on Ethereum has surpassed $250 million in assets under management (AUM) after rapid inflows that began in September 2025. The fund, launched earlier in 2025, tokenizes short‑term money‑market exposure on Ethereum, enabling wallet‑to‑wallet settlement and on‑chain ownership records instead of traditional omnibus accounts. Data shared by crypto trader Cryptorand on X shows an initial jump from near zero to roughly $200M, followed by stair‑step increases to more than $250M by late November. Analysts link growth to rising demand for tokenized real‑world assets (RWAs) and yield‑bearing instruments on Ethereum. Concurrently, Ethereum (ETH) has held a bullish breakout above $3,000 and formed a classic breakout‑retest pattern on the 4‑hour chart, with trader James Bull mapping higher lows and projected upside into the mid‑$3,000s if support persists. Key implications: institutional capital is routing into on‑chain yield products, AUM transparency improves on Ethereum due to tokenized accounting, and ETH price action shows bullish technical structure. Primary keywords: Fidelity tokenized fund, Ethereum, ETH breakout, tokenized money‑market, RWAs. Secondary/semantic keywords: on‑chain settlement, AUM inflows, yield products, breakout‑retest, TradingView.

Digitap (TAP) launched a 96‑hour Black Friday event offering hourly bonuses, drops and giveaways with a prize pool exceeding $1 million, driving heightened interest in its ongoing presale (early funding reported above $2.2M). Offers are time‑limited (one hour each) and many are first‑come, first‑served. The project positions itself as a cross‑border payments solution, claiming to cut remittance costs from an industry average of 6.2% to under 1% and offering a globally accepted crypto Visa card. The article contrasts TAP’s promotional surge with recent recoveries in XRP and Solana prices: XRP rallied ~8% on the 7‑day chart to above $2.1 amid XRP ETF inflows, while SOL reclaimed levels above $140 after bouncing from $120. Analysts cited in the piece give mixed outlooks—some projecting further upside for XRP tied to ETF demand and BTC support, while Solana faces resistance near $144–$146. The piece frames Digitap as a high‑upside, low‑cap altcoin pick due to its marketing event and payments use case but includes a standard disclaimer advising independent research.