Circle released Q3 2025 results showing 66% year-on-year revenue growth to $740 million, a 202% surge in net profit to $214 million and a 78% rise in adjusted EBITDA to $166 million. USDC stablecoin circulation jumped 97% to $73.7 billion, with on-chain transaction volume rising 680% to $9.6 trillion and active wallets increasing 77% to 6.3 million. Institutional demand drove expansion of the Circle Payments Network, now supporting real-time settlement across eight countries with 29 live institutions and 55 pending approvals. Meanwhile, over 100 fintech firms are participating in the Arc Blockchain public testnet as Circle explores an Arc native token issuance. The firm is focusing on global blockchain integration and B2B payments, positioning USDC as a leading stablecoin for institutional flows.
FUNToken is trading at $0.002256 with a market cap of $24.38 M and over 99,000 holders. A $5 M smart‐contract staking giveaway has locked 8.7 M tokens, reducing circulating supply and fueling a real-time supply squeeze. Stakers earn milestone rewards as price targets from $0.01 to $0.10 USDT are hit, creating a feedback loop: more staking leads to lower float, increasing price sensitivity and community engagement.
The Telegram community of 26,000 users has integrated a Message Scoring Bot to boost participation. Market indicators—thinning exchange liquidity, 84% bullish sentiment, and rising support-level volume—echo FUNToken’s March 2025 consolidation at $0.002–$0.0023, which preceded a 700% rally to $0.02. With added gaming utility and transparent on-chain verification, FUNToken stands poised for another significant surge.
Bitwise Asset Management has registered its proposed Spot Chainlink ETF (ticker CLNK) on the DTCC registry’s active and pre-launch lists. This registration marks a crucial logistical step toward launch, though final SEC approval remains pending. The ETF, structured as a Delaware statutory trust, will track the CME CF Chainlink–Dollar Reference Rate and follows an initial S-1 filing in August. A Form 8-A submission is still required before exchange trading can begin. Meanwhile, multiple issuers including Grayscale and Franklin Templeton have also filed applications for spot Chainlink and XRP ETFs, highlighting a broader push for altcoin spot ETFs in the U.S. market. Traders should watch for the SEC’s final nod, the ETF’s listing on exchanges like Cboe BZX, authorized participant participation, and initial inflows. A successful Spot Chainlink ETF launch could boost institutional demand for LINK, driving increased liquidity and potential short-term price gains.
Ethereum price has stabilized around the $3,700–$4,000 range after rebounding from lows near $3,800, with on-chain data showing significant whale accumulation. Major wallets withdrew 10,050 ETH from Kraken and 24,007 ETH via Galaxy Digital’s OTC desk, while the “#66kETHBorrow” account added 163,680 ETH in two days. Facing critical resistance at $4,000–$4,100, Ethereum needs a close above $3,700 to trigger a relief rally toward $4,250; failure could see a retest of support near $3,200–$3,400. Traders also watch the ETH/BTC trading pair for a potential downtrend reversal in the 0.035–0.037 BTC range. On the institutional front, JP Morgan’s acceptance of ETH as collateral and forthcoming US Treasury and IRS guidance on crypto ETFs boost mainstream adoption, despite modest outflows from ETH exchange-traded products. Regulatory clarity also enhances staking rewards appeal. Overall, growing whale activity and institutional integration support a bullish outlook for Ethereum, with traders eyeing key resistance and support levels for trading opportunities.
Phantom Wallet confirms it will remain on the Solana ecosystem with no plans for a native blockchain or an IPO.
The crypto wallet provider stays privately funded by a16z, Paradigm and Sequoia to focus on user experience.
Key initiatives include the Phantom Cash stablecoin, Phantom Terminal trading platform for professional and institutional trading, and Phantom Connect for cross-platform access.
It also integrates perpetual contracts via Hyperliquid to enhance trading tools.
Phantom Wallet serves over 15 million monthly active users and is valued at about $3 billion.
Traders can expect improved onboarding and trading features rather than a new chain or public listing.
Binance Futures has added two new USDT‐settled perpetual futures pairs, CLANKER/USDT and BEAT/USDT. CLANKER launched at 12:00 UTC on November 12 with up to 50× leverage. Fifteen minutes later, BEAT went live offering 40× leverage. Both tokens are already trading on Binance’s Alpha Market.
These perpetual futures let traders hold positions indefinitely, removing contract expirations and rollovers. Binance Futures will support multi-asset margin mode and contract copy trading within 24 hours. Fee promotions on new listings may further boost trading volume.
High leverage can amplify gains but also magnify risks. Traders should apply strict risk management and start with smaller positions amid initial volatility. New futures listings typically drive higher liquidity and volatility, offering more diversification for crypto derivatives traders.
Overall, launching CLANKER and BEAT perpetual futures underscores Binance Futures’ commitment to expanding its crypto derivatives lineup. Global traders can access these contracts on desktop and mobile. Monitor funding rates, volume trends and set clear entry and exit points to navigate market movements.
ZKsync leads growth in Ethereum Layer-2 privacy tools as institutional adoption accelerates. Matter Labs CEO Alex Gluchowski highlights demand for system-level privacy and zero-knowledge proofs to support private transaction flows with full internal visibility.
Regulatory clarity, including the reversal of Tornado Cash sanctions, has boosted confidence in privacy technologies. ZKsync’s new tokenomics proposal and staking pilot drove seven-day fee growth to the top among Layer-2 networks. Production deployments of institutional privacy nodes are expected by year-end, marking a milestone for blockchain settlement.
Arc Miner, a UK-registered AI-driven cloud mining platform, enables users to mine BTC, ETH, USDT and other tokens without hardware or high electricity costs. It operates 70+ renewable energy-powered farms worldwide and serves over 7 million users. The service supports multiple deposit and withdrawal options, including USDT, BTC, ETH, XRP, LTC, BCH, DOGE, SOL and USDC. Users benefit from daily earnings payouts, a $15 trial bonus for new accounts, referral rewards up to 5%, and 24/7 support. Mining contracts range from a one-day $15 plan to long-term high-yield 40-day packages. This AI cloud mining solution simplifies crypto investments, reduces entry barriers, and scales passive income streams.
Gemini Q3 earnings report reveals net revenue of $50.6 million, up 104% year-on-year and 52% quarter-on-quarter, fueled by a 26% rise in transaction fees to $26.3 million and a 111% surge in services revenue to $19.9 million. However, operating expenses soared to $171.4 million, widening the net loss to $159.5 million and pushing adjusted EBITDA into a $52.4 million deficit. Gemini Q3 earnings underscore the cost of its aggressive expansion strategy.
After-hours trading saw shares drop over 6% amid investor concerns. The exchange offset $106.8 million gains in digital assets with an $83.1 million loss in crypto lending. Gemini has secured an EU MiCA license, launched operations in Australia, and is developing a crypto super app for tokenized dollars, stocks and digital goods.
At the Lisbon Web Summit, Visa announced the Visa Direct stablecoin pilot, enabling businesses and platforms to fund payouts in fiat and deliver them instantly to recipients’ stablecoin wallets. This Visa Direct stablecoin pilot leverages existing Visa payment rails to reduce intermediaries and cross-border settlement times. Creators, gig workers and other recipients can choose their preferred stablecoin wallet to receive real-time on-chain transfers. By combining fiat funding with stablecoin distribution, the initiative aims to improve liquidity access, lower transaction costs and accelerate payout speed. This move marks a significant advance in mainstream crypto payments, potentially boosting stablecoin transaction volumes and highlighting evolving payment infrastructure for traders.
Bullish
Visa Directstablecoin payoutscrypto paymentsgig economycross-border payments
Bitcoin has traded in a tight $106,000–$116,000 range for over two weeks as long-term holders accelerate selling, distributing roughly 104,000 BTC per month—the highest since July. Implied volatility in options markets remains subdued following October’s liquidation, signaling weak directional conviction among traders.
The Federal Reserve cut interest rates by 25 basis points to 3.75–4.0% and ended its balance-sheet runoff, injecting $25–35 billion in monthly liquidity. However, Fed officials remain divided on further rate cuts, creating uncertainty around future policy and market stability.
Mixed economic indicators—slowing wage growth, declining consumer confidence and lower Treasury yields—add to the market’s cautious stance. Bitfinex analysts warn that without renewed institutional demand or ETF inflows, Bitcoin will likely stay range-bound in November. A drop below $106,000 could test $100,000 support, while a sustained break above $116,000 may signal a recovery.
Beyond Bitcoin, ETHZilla sold $40 million in Ether for share buybacks, Western Union launched a USD stablecoin on Solana, and Canaan is deploying hydro-cooled Bitcoin miners in Japan. Traders should watch these developments for shifts in market demand and volatility.
Morgan Stanley strategists say Bitcoin has entered its four-year “fall season,” marking the time for profit-taking ahead of a potential crypto winter. This Bitcoin fall season reflects historical cycles of three up-trends followed by a downturn. Denny Galindo notes Bitcoin dipped below $99,000 on Nov. 5, breaching its 365-day moving average—a key technical bear market signal. Liquidity from stablecoins, ETFs and digital-asset treasuries has plateaued, indicating reduced buying pressure. Despite this, institutional adoption remains strong. Michael Cyprys reports spot Bitcoin and Ether ETFs now hold over $159 billion combined, lowering entry barriers. Traders should secure gains during this fall season while weighing short-term bearish signals against long-term ETF inflows and demand.
Bearish
Bitcoin Fall SeasonCrypto WinterProfit-TakingTechnical Bear MarketInstitutional Adoption
SoFi Technologies has launched SoFi Crypto, becoming the first nationally chartered and FDIC-insured US bank to offer integrated crypto trading services. Users can buy, sell and store Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) directly within their FDIC-insured SoFi Money accounts. Trades execute instantly with no transfers to external exchanges, backed by institutional-grade security and US banking oversight. The platform also features educational tools, tutorials and market insights for new investors. CEO Anthony Noto highlighted the seamless integration of banking and crypto in one trusted app and said the service will roll out to all members over the coming weeks. He also outlined plans for a USD stablecoin, blockchain-based remittances and crypto-backed lending. A SoFi survey shows 60% of crypto holders prefer trading through a licensed bank, underscoring mainstream adoption potential.
Live Bitcoin News highlights 12 top 100x Crypto picks for late-2025 gains, led by the Blazpay (BLAZ) presale at $0.0075. With fewer than two days remaining before a 25% price increase at the next phase, analysts forecast up to 10× returns driven by its AI-powered trading tools and gamified rewards ecosystem. Other high-potential altcoins include Solana (SOL), NEAR Protocol (NEAR), Avalanche (AVAX), Sui (SUI) and Kaspa (KAS), all benefiting from recent network upgrades and rising adoption. Layer-1 giants Cardano (ADA), Polkadot (DOT), Ethereum (ETH), Tron (TRX), Binance Coin (BNB) and Algorand (ALGO) round out the list for their proven DeFi capabilities and scalability. Traders are advised to track presale calendars, diversify across smart-contract platforms and efficient chains, and act swiftly to capture late-2025 market opportunities. These 100x Crypto opportunities span DeFi, NFTs and interoperability, offering a strategic edge for traders.
Injective EVM brings native Ethereum support to the Cosmos layer-one protocol. The upgrade embeds a fully integrated EVM alongside Cosmos-based WASM. Injective EVM lets developers deploy Solidity smart contracts using Ethereum tools like Hardhat and Foundry. It also offers plug-and-play modules for derivatives markets, lending, and tokenized real-world assets.
The dual-execution environment shares a central limit order book and a MultiVM Token Standard. This eliminates bridging friction and delivers MEV-resistant liquidity. With sub-second finality, minimal fees, and throughput of up to 9,000 lightweight transactions per second and 320–800 Ethereum-style TPS, Injective EVM outperforms bridged solutions.
Over 30 dApps and infrastructure providers are live on the upgraded mainnet. By uniting Cosmos modules—native order book, derivatives, MEV resistance—with familiar Ethereum workflows, Injective EVM streamlines cross-chain development and reduces latency. Market watchers will track dApp adoption, liquidity growth, and network stability as indicators of success. This strategic move positions Injective as a code-neutral hub bridging Ethereum, Cosmos, and future Solana VM support.
In the meme coin presale arena, MoonBull (MOBU) has advanced to Stage 6 on Ethereum, raising over $590,000 with nearly 2,000 holders at $0.00008388 per token, following a Stage 5 milestone of $500,000 and 1,600 holders.
This meme coin presale model spans 23 stages. It features automated liquidity burns, reflections and a 95% APY staking program launching at Stage 10, aiming for a $0.00616 listing price—equivalent to up to 7,244% ROI for early backers. Competitors include BullZilla (BZIL) in Stage 10 with $1,000,000 raised and a 4,000% return, and La Culex (CULEX) at Stage 5 trading at $0.00002657 with a projected 26,000% ROI.
For traders seeking the next hype cycle, MoonBull’s structured tokenomics, Ethereum security and community governance stand out. The narrowing entry window may drive short-term market momentum and signal broader bullish sentiment across meme coin presales.
Joseph Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, says Ethereum has become the backbone of Wall Street’s digital finance. He highlights Ethereum’s deep liquidity, security, and dominance in stablecoins and tokenized assets. Sharplink holds over $3 billion in ETH and will stake most of its Ether with regulated custodians. Partners like Consensys, Linea and EigenLayer enable restaking to unlock extra yield. This proof-of-stake model delivers around 3% annual returns, positioning ETH as a productive asset rather than just a store of value. Chalom predicts a merger of decentralized finance (DeFi) and traditional finance (TradFi), with Ethereum underpinning all future financial services. Traders should watch institutional staking growth and tokenization trends as drivers of long-term Ether demand.
Michael Selig, chief legal counsel of the SEC’s cryptocurrency task force, will face a Senate Agriculture Committee hearing on November 19 for his CFTC chair nomination. The hearing follows President Trump’s withdrawal of Brian Quintenz’s nomination amid pressure from Gemini co-founders Tyler and Cameron Winklevoss. Acting CFTC Chair Caroline Pham has served as the sole commissioner since September and plans to step down once Selig’s CFTC chair nomination is confirmed. Meanwhile, the House-passed CLARITY Act and a Republican discussion draft of the Market Structure Bill, which clarify SEC and CFTC jurisdiction over digital assets and crypto derivatives, await Senate review. Traders should watch these regulatory shifts, as they could reshape crypto derivatives markets and enforcement dynamics.
Bullish
CFTC Chair NominationMichael SeligSenate Agriculture CommitteeCrypto RegulationMarket Structure Bill
Marathon Digital CEO Fred Thiel warns that Bitcoin mining profitability faces a critical challenge ahead of the 2028 halving, as rising global hashrate and surging energy costs (up to 80% of operating expenses) steadily erode margins. After block rewards drop from 3 to 1.5 BTC, many miners risk unprofitability without higher transaction fees or at least 50% annual Bitcoin price growth. Temporary fee spikes from Ordinals and inscriptions have failed to offset subsidy losses. Thiel advises operators to secure low-cost power—via self-generation or generator partnerships—or diversify revenue through AI and high-performance computing workloads. Leading firms like Tether already run in-house rigs at minimal energy cost, intensifying competition. He predicts consolidation among smaller miners unable to reach the lowest cost quartile and says only those innovating with sustainable energy models or compute integration will survive in the evolving Bitcoin mining landscape.
Neutral
Bitcoin miningEnergy costsBitcoin halvingMining profitabilityAI and HPC
RippleX, the development arm of Ripple, has issued a new warning to XRP holders about a surge in XRP scams amid growing ETF speculation. Security firm Certik reports that crypto fraud losses exceeded $2.1 billion in the first half of 2025.
Scammers are deploying AI-driven deepfake videos, fake livestreams and social media impersonations to lure victims with bogus offers. Typical ploys promise doubled returns – for example, “send 1 XRP and receive 2 XRP” – before draining users’ wallets.
RippleX stresses that official representatives will never request funds, private keys or wallet details during any broadcast or direct message. Users should always verify communications on ripple.com or other official channels.
Traders are advised to avoid unsolicited invitations and links, strengthen security measures by enabling two-factor authentication and use hardware wallets where possible. Heightened vigilance is critical as scam activity often spikes during XRP price rallies.
This latest XRP scams warning highlights the need for robust security practices. Crypto traders should stay alert to phishing threats and market manipulations to protect their assets.
XRP extended its decline, dropping over 5% to around $2.41 after whale wallets offloaded roughly 900,000 tokens over a week. The sell-off broke a multi-month ascending trendline and drove a 15% slump in open interest, accelerating bearish momentum. Trading volume surged by 87% versus the 24-hour average, confirming heavy distribution. Technical indicators point to an imminent death cross as the 50-day moving average nears the 200-day. The RSI has entered oversold territory, but buyers must reclaim the $2.37–$2.39 supply zone to offset downside pressure. The key $2.20 support zone remains in focus; a breach could expose targets at $2.00–$1.85. Meanwhile, Ripple-linked on-chain flows and Canary’s 8-A filing for a spot XRP ETF offer potential catalysts. Short-term traders should exercise caution amid deleveraging risk, while institutional participation will be critical for any sustained rebound.
Bitcoin gift tax rules help traders manage crypto taxes effectively. Bitcoin gift tax is governed by IRS property rules, so gifting BTC is not a taxable event at transfer. For 2025, individuals can gift up to $19,000 per recipient (or $38,000 for married couples) without filing Form 709. Gifts to U.S. citizen spouses are unlimited; non-citizen spouses have a $190,000 annual exclusion. Transfers above these thresholds require Form 709 but incur no gift tax unless the $13.99 million lifetime exemption is exceeded. Recipients inherit the donor’s original cost basis and holding period, with gains calculated on the donor’s basis and losses on fair market value under the dual-basis rule. Proper documentation—transfer dates, fair market value, wallet details, and transaction IDs—is vital. Avoid pitfalls like misvaluing transfers, disguising sales, selling crypto before gifting, or misclassifying services. For tax-efficient Bitcoin gifts, execute direct wallet-to-wallet transfers and consult a tax professional for high-value or cross-border transfers.
Following co-founder Eli Ben-Sasson’s Ztarknet proposal to integrate a STARK proof validator into Zcash’s mainnet, Starknet’s STRK token has rallied over 25–30%, reaching $0.19 with trading volume surpassing $800 million. The plan aims to preserve Zcash’s on-chain privacy and security on Ethereum Layer-2 while enhancing speed and programmability. DeFi researchers highlight that protocol-level privacy on Starknet supports private transfers across dApps without mixers. STRK recorded the second-highest monthly inflows among Layer-1 and Layer-2 tokens after Arbitrum, reflecting strong demand. Coupled with ongoing Starknet protocol upgrades and a new Bitcoin-focused financial platform, this convergence of Zcash privacy tools and Starknet scalability is boosting interest in Layer-2 privacy solutions and could shape future dApp development. Traders should watch STRK and ZEC for sustained volatility as adoption and alliance prospects drive market momentum.
Bullish
STRKZcashLayer-2 PrivacyZero-Knowledge ProofsdApp Development
Analysts now agree Bitcoin price has begun its third wave of Elliott Wave expansion. According to Gert Van Lagen, BTC rebounded from the 40-week SMA, signaling the end of Wave II and the onset of Wave III. This expansion targets a range of $200,000 to $240,000. Crypto trader Jelle points out resistance at the midpoint of a long-term ascending channel. A clear breakout here could open upside to $350,000. Macro researcher Sminston With highlights a recent uptick in US PMI. This suggests a risk-on rotation that may boost high-growth assets like Bitcoin. On-chain data shows Bitcoin has filled the CME gap at $100K and is retesting $105K. Meanwhile, futures open interest and average order sizes have declined, indicating reduced whale activity. Notably, clusters of long liquidations near key levels have historically preceded price recoveries. A sustained rebound above $105K would reinforce Bitcoin’s bullish trend. Traders should monitor support at $105K, watch for channel breakouts, and track macro catalysts.
Senate approved a continuing resolution 60–40 to fund US government operations through January 31, 2026, ending a 40-day shutdown. The bill now moves to the House after the federal holiday and, once signed, will allow agencies like the SEC to resume work on the next business day. Concurrently, the Senate Agriculture Committee released a bipartisan crypto regulation draft to clarify digital asset rules. Leaders aim for committee approval by October and final enactment ahead of the 2026 midterms. Traders should monitor renewed SEC actions and market structure developments, as this crypto regulation clarity is expected to boost market confidence and stability.
Bullish
US government shutdownfunding billcrypto regulationSECmarket structure bill
Zhimin Qian, known as China’s “Goddess of Wealth”, pleaded guilty in a UK court to running a Ponzi scheme that defrauded over 128,000 investors between 2014 and 2017. In 2018, UK authorities carried out the largest Bitcoin seizure to date, confiscating over 61,000 BTC (approx. $6.5 billion). Qian, who used aliases like Yadi Zhang, laundered stolen funds via luxury real estate and high-end purchases. She faces up to 14 years’ imprisonment under the Proceeds of Crime Act, while accomplice Jian Wen has already been jailed for six years.
Courts now navigate cross-border compensation hurdles: victims may wait years to claim assets and contest whether compensation aligns with the BTC’s value at seizure or its current price. UK police and the Crown Prosecution Service are coordinating a crypto asset recovery and victim-claim process. This Bitcoin seizure highlights intensifying crypto regulation and enforcement in the UK.
Crypto security researcher Gianluca Di Bella warns that advances in quantum computing pose an immediate threat to current encryption and zero-knowledge proofs. He highlights “collect now, decrypt later” attacks, where adversaries harvest encrypted data today and decrypt it once quantum hardware matures.
Di Bella urges the industry to migrate now to NIST-approved post-quantum encryption standards—ML-KEM, ML-DSA and SLH-DSA—to ensure long-term data security. Practical deployment remains slow due to Rust-based development complexity, limited investment and a niche talent pool.
He adds that post-quantum zero-knowledge proof protocols like PLONK are still untested in production. He warns major tech firms could achieve quantum breakthroughs within 10–15 years, and authoritarian regimes may exploit hidden quantum decryption capabilities. Immediate adoption of post-quantum encryption is vital to safeguard sensitive data and preserve crypto integrity against future quantum threats.
Argentina’s federal judiciary has ordered a Libra asset freeze targeting US promoter Hayden Davis and intermediaries Favio Camilo Rodríguez Blanco and Orlando Rodolfo Mellino. The order freezes digital wallets, bank accounts and real estate linked to an alleged memecoin fraud worth up to $250M.
Prosecutors accuse them of converting Libra tokens to fiat, potentially tied to political lobbyists and cash withdrawals at Banco Galicia. The National Securities Commission has instructed all virtual asset service providers to block related accounts on local crypto platforms.
This cross-border investigation spans courts in Buenos Aires and New York. New York authorities previously froze $57M in USDC linked to Davis and the defunct Meteora exchange. The Libra asset freeze aims to preserve evidence and secure investor recourse amid rising regulatory scrutiny of crypto fraud.
Arthur Hayes, BitMEX co-founder, plans to dollar-cost average (DCA) accumulate Zcash (ZEC) between $300 and $350, underscoring his ZEC investment strategy. This disciplined approach aims to reduce risk and avoid emotional trading by buying at predetermined price points. As his second-largest holding after Bitcoin (BTC), Hayes’s method highlights confidence in ZEC’s privacy features and long-term outlook. Traders should watch for support levels in the $300–350 range, set clear entry and exit strategies, and monitor price volatility. This ZEC investment plan may boost buying pressure on dips and influence market sentiment around Zcash.
Bullish
Arthur HayesZECZcashInvestment StrategyDollar-Cost Averaging