ARK Invest, led by Cathie Wood, acquired 157,731 additional Alibaba shares on November 11 as part of its strategic focus on AI-driven companies. This acquisition of Alibaba shares increases Ark’s stake in the Chinese e-commerce and cloud computing giant amid a 91% year-to-date rally in its stock. Ark Invest’s renewed confidence reflects growing optimism around the company’s artificial intelligence initiatives and a broader rebound in the Chinese tech sector. The move aligns with Ark’s emphasis on innovation and could signal further institutional interest in AI-focused equities.
Federal Reserve officials are increasingly split over the timing and necessity of a December rate cut, marking one of the most significant internal disagreements during Jerome Powell’s nearly eight-year tenure. The divide centers on whether persistent inflation or a slowing labor market poses the greater threat to the U.S. economy. Some policymakers argue for a December cut, treating it as interchangeable with a potential January meeting, while others caution that delivering a rate cut without clear economic improvement could undermine the Fed’s credibility.
Investors have largely priced in a Federal Reserve rate cut at the upcoming December meeting, but the emerging dissent has cast doubt on the likelihood of action. New economic data on inflation and employment may be crucial in resolving the debate. Another option under discussion is combining a December rate cut with revised forward guidance, raising thresholds for subsequent easing steps.
This split within the Federal Reserve adds uncertainty to markets, as traders weigh the impact of sustained high rates against expectations for future monetary policy easing. The outcome of this debate will be closely watched by investors assessing risk assets, including Bitcoin and other cryptocurrencies, which are sensitive to shifts in U.S. interest rates.
Neutral
Federal ReserveRate CutMonetary PolicyInflationMarket Uncertainty
In this crypto market roundup, the Federal Reserve faces unprecedented internal splits over a potential December rate cut, injecting uncertainty into global financial markets. On the DeFi front, Lighter’s total value locked (TVL) surged past $1.17 billion, overtaking Linea, while Sonic Labs unveiled a tiered fee monetization (FeeM) model and plans for a New York office. Smart contract risks emerged as GoPlus flagged unlimited minting vulnerabilities in the Hello 402 (H402) token. Large onchain movements included a new wallet’s 1,130 BTC inflow from FalconX and a 28,262 ETH transfer by a whale. Corporate activity saw VCI Global commit $100 million to OOB tokens, Coinbase set to list Allora (ALLO), and the cancellation of its $2 billion BVNK acquisition. The Bitwise Chainlink ETF (CLNK) appeared on DTCC listings, and SoFi launched direct crypto trading for BTC, ETH and SOL within its app. Tether is bolstering gold reserves by recruiting top bullion traders from HSBC, while Lido proposed automatic LDO/wstETH buybacks. Market outlook features MARA’s CEO warning miners to secure low-cost power or face exit by 2028, and ex-BlackRock exec Joseph Chalom hailing Ethereum’s role as financial infrastructure. Legal and security updates include the retrial of the MIT "sandwich attack" case, Zhimin Qian’s 11-plus–year sentence for Bitcoin laundering, and Willy Woo’s advice to migrate funds to SegWit addresses ahead of quantum threats.
The Bank of England has proposed stricter stablecoin regulation to shore up financial stability after the 2023 SVB collapse triggered USDC’s depeg.
Under the draft stablecoin regulation framework, individuals face a holding cap of £10,000 (down from an initial £20,000 proposal) and businesses a £10 million cap. Issuers must deposit 40% of token reserves at the BoE without earning interest.
The BoE will oversee payment-focused stablecoins, while the FCA covers trading tokens. The UK is coordinating with US regulators to finalize rules next year. The global stablecoin market stands at $312 billion. Meanwhile, Coinbase’s planned $2 billion partnership with BVNK has been shelved, potentially slowing local stablecoin adoption.
Traders should monitor how these reserve and cap requirements affect stablecoin liquidity, issuer funding, and market flows.
Bearish
Stablecoin RegulationBank of EnglandFinancial StabilityReserve RequirementsMarket Impact
Solana spot ETFs have attracted nearly $600 million in assets since launch, logging net inflows for 10 consecutive days. Last week, the funds recorded $6.8 million in weekly net inflows. Bitwise’s BSOL led with $5.9 million, while Grayscale’s GSOL added $0.9 million. Overall AUM now stands at $598 million and the net asset ratio is 0.64%. Derivatives open interest remains steady at $3.4 billion and funding rates average -0.0009, indicating balanced market sentiment. SOL trades around $165, down about 1–2.3% in 24 hours, testing resistance at $170 and support at $160; a break below could target $150. On-chain metrics remain robust, with daily active addresses elevated. Strong spot demand and sustained ETF inflows highlight growing market maturity and suggest bullish momentum for SOL.
Bullish
Solana Spot ETFsNet InflowsDerivatives Open InterestOn-Chain MetricsMarket Maturity
Bitcoin mining faces a squeeze as rising energy costs and growing AI computing demand drive up power prices, eroding mining profitability across the sector. MARA Holdings CEO Fred Thiel warns that smaller operations without access to ultra-low-cost power risk being squeezed out. Leading miners are repurposing spare capacity for AI hosting and high-performance computing services to diversify revenue and offset shrinking Bitcoin mining margins. Companies are also forging strategic energy partnerships and investing in on-site generation to secure stable power. With the next Bitcoin halving in 2028 set to cut block rewards to 1.5 BTC, analysts predict only miners with flexible infrastructure, diversified services, or proprietary power sources will remain profitable post-halving.
On November 12, OKX reported the daily token performance on its exchange. CFX led the gainers, rising 2.36% to $0.100, followed by 1INCH (+0.57% at $0.213) and LEO (+0.23% at $9.254). Conversely, STRK was the biggest loser, dropping 11.31% to $0.143. Other notable decliners include CORE (-10.29% at $0.208), FET (-7.26% at $0.332), FIL (-6.52% at $2.25) and ICP (-5.92% at $6.227). Traders should note these token performance shifts when adjusting positions on OKX.
Crypto financing is evolving through new DeFi models that balance fairness, liquidity and credibility. Coinbase has completed a vertical integration by acquiring Echo for $400 million and Liquifi, creating an end-to-end stack from token creation and fundraising to secondary trading on its exchange. Each stage generates fee income, and the move builds trust with sceptical project founders.
Andre Cronje’s Flying Tulip introduces a perpetual put financing mechanism. Investors receive locked FT tokens at $0.10 with an on-chain perpetual put option to redeem their principal at any time. The raised $1 billion is deployed in low-risk DeFi strategies targeting 4% annual yield to fund operations and token buybacks. All tokens initially go to investors, with zero team allocation and deflationary buy-back triggers, aligning incentives and reducing token-price governance pressure.
MetaDAO leverages futarchy governance: funds sit in an on-chain treasury, and spending proposals are vetted by prediction markets. Token holders bet on each proposal’s value creation, and only approved transactions execute. Umbra Privacy’s $150 million commitment, with team tokens locked behind milestones, exemplifies the transparency and accountability of this model.
These crypto financing experiments signal a shift in capital formation. Their success depends on execution, user adoption and resilience under market pressure.
Binance has announced that its Binance Live streaming platform will cease operations on December 31, 2025. Users will lose access via web and app from January 1, 2026 at 07:59 (UTC+8). All existing points, gifts, and vouchers on Binance Live will expire after the shutdown. Eligible streamers who host at least one session by December 1, 2025 at 08:00 (UTC+8) will receive automatic access to Binance Plaza live streaming; Binance Plaza will handle all future streaming services uninterrupted. Traders and content creators should redeem any points or vouchers before the deadline to avoid losses. The transition aims to consolidate live streaming under Binance Plaza and improve content delivery.
Gold posted a 2.85% gain on November 10, adding about $765 billion to its global market value. This surge lifted gold’s market capitalization to roughly $28.62 trillion. Over the same period, XRP price rose 6.76%, translating to a $9.6 billion increase and pushing XRP’s market value to about $151.8 billion. Extrapolating gold’s daily gain to XRP suggests that a $765 billion inflow could boost XRP’s market cap to $911.88 billion and lift the XRP price to approximately $15.20 per token. Several analysts have cited $15 as a long-term target for XRP under optimistic conditions. While such a one-day surge remains highly unlikely, this comparison highlights how large-scale liquidity shifts can dramatically affect digital-asset valuations. The exercise underscores the relationship between market capitalization changes and token pricing.
21Shares has filed a new S-1 amendment with the U.S. SEC for a spot XRP ETF termed a "canary" ETF. Under SEC rules, if regulators do not object within a specified window, the Canary XRP ETF can list on the Cboe BZX exchange and begin trading within days. This filing marks another milestone in the SEC’s spot ETF approvals following bitcoin and ether products. The canary ETF mechanism accelerates the product’s launch by setting a trading deadline tied to the no-objection window. Proponents view the XRP ETF filing as a bullish signal for XRP and the broader market. Assuming no regulatory objections, the fund is expected to start trading this week, potentially boosting XRP liquidity and drawing institutional inflows.
Bitcoin price dipped below $103,000 early Tuesday, hitting a low of $102,500 before rebounding to around $103,000, marking a near 3% daily decline. Technical charts highlight the 50-week moving average near $102,000 as a critical support level; a sustained break could open doors to targets of $92,000 or lower. The U.S. House is set to vote to end the government shutdown, potentially stirring market swings. Meanwhile, SoftBank’s sale of Nvidia stock pushed NVDA shares down 3%, weighing on AI and tech sectors. U.S. equities closed mixed: the Dow rose 1.18%, the Nasdaq fell 0.25%, and the S&P 500 rose 0.21%. Leading altcoins also slid, with SOL down 9% and Ethereum slipping 5.5% below $3,500. Traders should watch the 50-week MA test and upcoming political developments for further clues on market direction.
An on-chain analysis reveals a major ETH whale (address 0x69b...0e378) sold 1300 ETH ten minutes ago, realizing a $597,000 loss. The whale had initially accumulated 2655 ETH between October 14 and 18 at an average price of $3,805.60. After the sale, the remaining 1355 ETH position is still underwater by $487,000. That batch previously saw peak paper gains of $2.142 million. This ETH whale’s loss-cutting trade coincides with recent market volatility. Traders should watch for further on-chain movements and potential selling pressure as the whale continues to unwind its position.
Bearish
ETH WhaleOn-Chain AnalysisLoss-CuttingSelling PressureMarket Volatility
Lookonchain data shows that a new wallet (0x392a) withdrew 10,050 ETH from Kraken, worth approximately $34.38 million. This Kraken withdrawal stands out as significant on-chain activity and reduces exchange liquidity. Crypto traders often monitor such large Kraken withdrawals as a potential bullish indicator, suggesting accumulation off-exchange. The transaction was executed 20 minutes before reporting, underlining rapid asset movement. This large-scale withdrawal could influence short-term price dynamics and signal investor confidence in holding Ethereum.
As blockchain and crypto enter mainstream finance, public skepticism remains due to low financial literacy. Over 70% of American adults avoid crypto because they lack basic crypto education and cannot explain blockchain infrastructure. To bridge this knowledge gap, the industry uses gamification—play-to-earn mobile apps and crypto-enabled online casinos—to teach digital wallet use and secure transactions. Free community resources, such as MOOCs and forums like BitcoinTalk and Reddit, provide decentralized learning and reinforce blockchain awareness. Accredited courses at institutions like MIT and NYU further legitimize crypto education and increase trust in digital assets. Finally, media outlets, through documentaries and balanced news features, package complex topics into accessible formats. Effective crypto education can dispel myths, reduce scams, and support responsible adoption across user segments.
Neutral
Crypto EducationBlockchain AwarenessGamificationCommunity LearningMedia Role
Investors are selling bonds from major US tech firms as concerns mount over their AI infrastructure debt. The surge in AI infrastructure debt is flooding credit markets and pushing leverage higher. Spreads over US Treasuries have widened to 0.78 percentage points, the highest since April, up from 0.5 points in September. Hyperscalers including Alphabet, Meta, Microsoft and Oracle have issued large high-grade debt to fund massive AI data center projects. JPMorgan estimates the AI build-out will require over $5 trillion across public and private markets, with data center spending projected at $400 billion in 2026. Recent bond sales include Meta’s $30 billion, Alphabet’s $25 billion and Oracle’s $18 billion issuances. Oracle’s long-term debt stands at $96 billion, and its bonds have fallen nearly 5% since mid-September, outpacing peers. Rising credit spreads signal investor wariness about financing the AI boom, with risks including overcapacity, energy demands and reliance on key AI partners. However, strong cash flows and revenue agreements—such as Oracle’s $300 billion projection from OpenAI deals—may mitigate long-term concerns. Traders should monitor bond yields and credit spreads for insights into risk appetite and market stability.
Neutral
AI Infrastructure DebtBond MarketTech GiantsDebt FinancingCredit Spreads
CoinMarketCap’s Altcoin Season Index fell from 30 to 26 on November 12, showing only 26% of the top 100 cryptocurrencies outperformed Bitcoin (BTC) over the past 90 days. This drop below 50 highlights renewed BTC dominance amid institutional ETF approvals, market uncertainty favoring established assets, regulatory scrutiny on smaller tokens, and economic risk aversion. Traders should use the Altcoin Season Index as a real-time gauge of market cycles: increase BTC exposure, dollar-cost average into high-quality altcoins during consolidation, and watch for a rise above 50 to signal a potential altcoin rally. Historically, readings under 30 persist for weeks to months, offering entry points when altcoins stabilize and Bitcoin remains strong.
Bullish
Altcoin Season IndexBitcoin DominanceCrypto TradingMarket AnalysisAltcoin Strategy
UNI price has rallied 70% in one week following Uniswap’s joint governance proposal “UNIfication,” which activates protocol fees and introduces a continuous UNI token burn mechanism. On-chain data shows a four-year high in whale accumulation and a three-year peak in new wallet creation, reflecting strong institutional and retail interest.
Despite the bullish sentiment, UNI stalled at $10.03—its September high—as it hit resistance at the descending triangle’s trendline. A failure to break above this level triggered an 11% intraday pullback. Technical analysis indicates a potential 42% correction toward the triangle’s $4.84 support floor, though buyers may find interim support near $8.00 or $7.20.
Derivatives markets are equally active. UNI futures open interest surged from $235 million to $770 million in four days, suggesting fresh leveraged positions. While the “UNIfication” proposal underpins mid- to long-term growth, the current bearish pattern caps further upside. Traders should watch key support levels and whale activity for signs of trend reversal.
Neutral
UNI Price AnalysisUniswap GovernanceToken Burn MechanismWhale ActivityTechnical Pattern
With the crypto market gearing up for the next big rally, smart investors are seeking top cryptos to buy ahead of the upswing. Cardano (ADA) is holding at $0.50 support, eyeing a breakout above $0.61 for a move to $0.75. XRP (XRP) is consolidating around $2.16, with a recovery zone at $2.36–$2.43 setting the stage for a potential rise to $2.78. In parallel, Mutuum Finance (MUTM) is closing Phase 6 of its presale at $0.035, raising $18.58 million and attracting over 17,850 investors. MUTM’s upcoming Phase 7 presale at $0.04, its DeFi credit protocols and planned collateralized stablecoin offer utility-focused traders high upside, with forecasts of 10x–50x gains. These factors make ADA, XRP and MUTM the leading cryptos to buy before the rally.
Bullish
Cryptos to BuyDeFi PresaleCardanoXRPMutuum Finance
GoPlus’s Chinese community has flagged a critical Hello402 contract risk: the smart contract’s addTokenCredits function lacks MAX_SUPPLY checks, enabling infinite minting. The high-privilege admin can allocate unlimited H402 mint quotas and use the WithdrawDevToken function to mint all unassigned tokens at once, posing severe centralization threats. Though the project team announced WithdrawDevToken is reserved for private sale adjustments, ecosystem incentives, and profit allocation, these commitments lack on-chain enforcement, raising breach risks. Major exchange OKX is investigating Hello402 contract risk by tracking abnormal on-chain activity and may pursue legal action. To address this Hello402 contract risk, traders should monitor H402 supply closely, as unchecked minting and centralized control could distort market supply and token value.
Canadian-listed Matador Technologies has purchased 92 Bitcoin at an average cost of US$102,752 each. The acquisition was funded through the first drawdown of its previously announced US$100 million secured convertible bond financing with ATW Partners. Matador drew CA$13.2 million (US$9.5 million) to execute trades via Netcoins and FalconX. The average acquisition price, including fees, was US$102,752 per Bitcoin. This move boosts Matador’s digital asset holdings and reflects growing corporate adoption of Bitcoin. The financing facility remains available for future top-ups, highlighting how convertible bond financing can leverage capital for large-scale BTC acquisitions. Public companies adding Bitcoin to their balance sheets may influence market supply and demand dynamics.
On November 11, on-chain analyst @ai_9684xtpa observed that the whale known as “1011 Open Short Insider” closed its ETH long positions overnight. The trader then withdrew 5.2 million USDC collateral from its Hyperliquid account and deposited the remaining 41.2 million USDC into Binance. Large stablecoin inflows to exchanges often signal potential selling pressure. Crypto traders should monitor further USDC movements and whale activity, as such transfers may foreshadow short-term volatility in ETH markets.
Bitcoin’s November rally may stall as macroeconomic uncertainty and mixed Federal Reserve signals drive a consolidation phase. The CME FedWatch tool shows only a 68% chance of a December rate cut, down from near 90%. Bitcoin has slid 11% over the past month, testing support around $103,000 and key resistance at $116,000. Failure to reclaim $116,000 could sap bullish momentum.
Despite the cautious outlook, historical data from CoinGlass highlights an average November gain of 41.78% since 2013. Traders including Dave Weisberger, Carl Runefelt and AshCrypto remain optimistic, citing strong fundamentals and expecting a rebound. Crypto traders aiming to trade the Bitcoin November rally should track Fed communications and key levels for signs of a breakout or further consolidation.
According to Arab Chain analysis, Bitcoin seller liquidity has dropped sharply, falling to around 1.27 million BTC—its lowest level in recent years. This drop indicates a structural shift in supply. Whales and institutional wallets are pulling coins off exchanges. Meanwhile, Binance reserves now hold roughly 566,000 BTC, accounting for 45% of active selling liquidity.
The stability of Binance reserves, amid declining Bitcoin seller liquidity, suggests large volumes are moving from competitors into Binance. This trend underlines a market consolidation phase before major price moves. As available supply tightens, traders may see reduced volatility but should watch for a potential breakout once re-distribution completes.
Disclaimer: This content is for informational purposes only and does not constitute investment advice.
The US Securities and Exchange Commission (SEC) has cleared the final regulatory hurdle for the first Spot XRP ETF, which is set to begin trading this Wednesday or Thursday. The new Spot XRP ETF will let investors gain direct exposure to XRP without handling the token itself, simplifying trading operations and boosting market liquidity. Analysts expect the ETF launch to drive significant trading volume, improve price discovery, and signal stronger regulatory clarity. Traders should monitor initial fund inflows, bid-ask spreads, and short-term volatility around the market debut.
Global investment bank Houlihan Lokey’s report highlights that Ripple’s corporate valuation is directly linked to the market price of XRP. The Feb 2024 study models valuations under three scenarios at $0.60 per XRP—from $4.5 billion (secondary-market pricing) to $28.6 billion (market-price alignment). Under FASB’s ASU 2023-08, fair-value reporting of digital assets would bring Ripple’s balance-sheet valuation in line with token market value.
Updating the model with today’s XRP price of $2.44 and Ripple’s 40 billion XRP holdings yields a theoretical valuation of $93 billion, versus the company’s recent $500 million private raise at a $40 billion valuation. The analysis underscores that shifts in the XRP price could meaningfully alter Ripple’s corporate worth, reinforcing the link between token performance and corporate valuation.
AMD forecasts a 35% compound annual growth rate over the next three to five years, driven by strong AI data center hardware demand. The company projects its AI data-center unit to grow 80% annually, aiming for tens of billions in sales by 2027. Strategic multi-year GPU supply agreements with OpenAI, Oracle and Meta, alongside best-selling EPYC server processors, underpin AMD’s push for double-digit share in a larger AI data center market and to outpace its gaming segment. AMD also raised its total AI hardware market forecast to $1 trillion by 2030. Looking ahead, the Instinct MI400X GPUs launching in 2026 as 72-GPU rack-scale systems, and projected gross margins of 55–58%, highlight AMD’s aggressive strategy. Crypto traders should note that rising GPU demand for AI workloads could tighten supply for mining GPUs and support AMD’s stock (AMD) outlook.
Neutral
AMDAI data centersGPU dealsEPYC CPUsRevenue growth
Google has pledged around €5.5 billion (US$6.6 billion) to expand its cloud infrastructure in Germany, focusing on Google German data centers powered by clean energy. Over the next four years, the investment will deliver a new data center in Dietzenbach near Frankfurt and expand the Hanau site. By boosting these German data centers, Google aims to accelerate service speeds and support AI-driven applications across Europe’s largest economy. Although timelines and job figures remain unspecified, the expansion will heighten competition in the European cloud market alongside AWS and Azure. For crypto traders, improved cloud infrastructure could enhance the performance and reliability of blockchain nodes and AI-powered trading platforms hosted in Google German data centers.
A major Ethereum whale withdrawal of 28,000 ETH ($98.6 M) from Binance signals long-term accumulation. The 0xE5C address now holds 355,000 ETH ($1.21 B). Traders view such Ethereum whale withdrawal as a bullish indicator, reducing on-exchange supply and hinting at future price gains. Previous withdrawals included 60,000 ETH to Aave for DeFi yield farming. While these moves often precede price rallies, market participants should also weigh overall sentiment and regulations. This Ethereum whale withdrawal underscores strong confidence in ETH’s growth and may drive positive price momentum.
Bullish
EthereumWhale MovementBinance WithdrawalsDeFiBullish Signal