Chainlink DataLink now powers real-time on-chain NAV publication for WisdomTree’s Private Credit and Alternative Income Digital Fund (CRDT) on Ethereum. Launched on September 12, 2025, the CRDT fund benchmarks to the Gapstow Index and taps WisdomTree’s $130 billion asset management expertise in private credit. Chainlink DataLink aggregates and verifies off-chain pricing from leading index providers, securely delivering tamper-proof NAV data to smart contracts. This integration enhances transparency and interoperability between TradFi and DeFi, giving institutional investors and DeFi protocols access to reliable, on-chain fund valuations. The move could unlock new DeFi use cases such as automated lending and portfolio rebalancing, while streamlining regulatory compliance. It underlines growing institutional demand for tokenized assets and marks a significant step in digital asset infrastructure.
Binance will temporarily suspend ZIL deposits and withdrawals on November 17, 2025 from 09:18 UTC to support the Zilliqa network upgrade and hard fork at block 13,514,400 (around 10:18 UTC). Spot trading of ZIL remains unaffected. Binance’s technical team will coordinate the update and reopen deposit and withdrawal services once network stability is confirmed, with notifications via official channels. The Zilliqa upgrade aims to strengthen security, boost transaction speeds, lower gas fees and introduce new protocol features on this high-performance Layer-1 blockchain. Traders should complete urgent ZIL transfers in advance, monitor Binance announcements and consider diversifying holdings ahead of the maintenance window.
According to Growthepie data, Ethereum TPS reached a record 24,192 transactions per second after including Lighter layer 2’s ~4,000 TPS. Ethereum TPS figures now factor in Layer 2 throughput, while the Base chain remains between 100–200 TPS.
This milestone follows the Pectra and Dencun upgrades, which enhanced layer 2 scalability. Ethereum co-founder Vitalik Buterin and Bankless host Ryan Sean Adams praised these improvements and forecast Ethereum TPS climbing to 100,000 and eventually 1 million.
However, Lighter has suffered multiple outages since its October 1 launch and compensated nearly 3,900 wallets with $774,872 USDC after an October 28 disruption. Experts warn that Layer 2 networks capturing fees may divert value from the ETH mainnet if incentives aren’t aligned.
Traders should note that higher Ethereum TPS drives lower fees and deeper DeFi liquidity, but must monitor Layer 2 stability and the development of fee-sharing and MEV integration to ensure sustainable value flow to ETH.
Elon Musk’s “It’s time” post on X drove Dogecoin social mentions to multi-day highs, yet the price held steady at $0.16.
On-chain metrics remained muted: daily active addresses hovered at 37,700 and transaction volume dipped to $125 million.
Dogecoin futures open interest slid to $690 million despite slightly positive funding rates of 0.16%, indicating cautious trader sentiment. Whale transfers above $1 million were scarce.
Technicals show an RSI near 30, signaling oversold conditions and a potential short-term rebound. However, without new catalysts or broad market support, sustained momentum appears unlikely.
On November 6, the 1inch team’s investment fund moved $5 million USDC to Binance. This stablecoin injection propelled the 1INCH token from $0.152 to a peak of $0.196—over a 29% surge within eight hours, briefly topping $0.20. It’s the fund’s third intervention, following previous buy-low, sell-high moves at $0.24/$0.53 and $0.25/$0.28. The influx boosted trading volume and short-term bullish momentum for 1INCH. However, historical profit-taking patterns may lead to sharp corrections. Traders should watch for follow-on orders, rebalancing moves, and broader market trends to manage risk.
The Philippines Senate renamed SB 1330 as the CADENA Act, shifting from a blockchain-specific law to an outcomes-based governance framework that emphasizes blockchain transparency. The Act mandates verifiable, tamper-evident blockchain records for all government transactions and establishes an open-source CADENA platform linked to PhilGEPS and DICT systems. It enshrines governance standards for data publishing, interoperability, and independent oversight under a new National Budget and Transparency Accountability Council. Violations carry fines up to ₱3 million and prison terms of 6–15 years. Phase 1 mandates public disclosure of all agency budgets within nine months post-enactment, targeted for Q1 2026. This push for blockchain transparency could strengthen confidence in public-sector DLT solutions, clarify regulations, and support broader crypto adoption, though short-term price effects on major tokens are likely neutral.
Bitcoin price rebounded to $103,000 on Wednesday but remains below key resistance after dipping under $100,000. Derivatives data show over $1.7 bn in long liquidations in 24 hours, clearing aggressive positions and easing open interest. Order-book metrics from Skew and Exitpump reveal strong positive delta and green depth signals, hinting at a market bottom. Liquidation distribution maps highlight liquidity clusters at $102.5K, $111.5K, $116K and $117.5K where whales have targeted short-covering flows. On-chain data from CryptoQuant confirm nearly 30% of Bitcoin supply is in unrealized loss, a level historically linked to cycle lows. With spot open interest down and most longs cleared, traders will watch whale activity and sustained demand to gauge the next move.
Bullish
BitcoinLiquidationsUnrealized LossesWhalesLiquidity Zones
Apple has struck a $1 billion annual deal to license Google’s 1.2 trillion-parameter Gemini AI model for a major Siri upgrade codenamed Glenwood. The integration will power advanced planning, summarization and context-aware features on Apple’s Private Cloud Compute servers, protecting user privacy. The Siri upgrade is set to ship in iOS 26.4 next spring, after Apple evaluated alternatives including OpenAI’s ChatGPT and Anthropic’s Claude.
Market reaction was positive: Apple shares rose nearly 1% and Alphabet gained over 3%. The partnership follows a French probe into Siri’s data-handling practices amid unauthorized recording concerns. Analysts view the Google Gemini integration as a stopgap until Apple’s own AI matures. Crypto traders should note that while this deal focuses on AI, it may influence tech-sector sentiment and risk-on flows across digital assets.
Neutral
Google GeminiSiri UpgradeApple AI DealPrivacy ProbeTech Stocks
Binance Life is a Chinese meme coin that surged from zero to a $150 million market cap within 72 hours of its Oct. 7 listing on Binance Alpha. Fueled by social-media hype and BSC trading volume exceeding $60.5 billion, it attracted over 100,000 investors. However, two steep price drops—28.4% on Oct. 14 and 24% on Nov. 2—left 70–80% of holders at a loss.
Similar tokens like PALU and Hakimi plunged over 60% in the same period. Chinese meme coins such as Binance Life lack standalone branding, real use cases beyond speculation and stable community consensus. By contrast, Dogecoin benefits from a decade-long independent IP and Elon Musk backing, while Pepe enjoys 18 years of cultural heritage and a “pure speculation” ethos. Analysts warn that without deeper roots or platform-independent growth, Binance Life may become a “zombie coin” with its market cap possibly falling under $30 million within six months if Binance support wanes.
Bearish
Binance LifeChinese meme coinsBinance AlphaMarket cap volatilityDoge vs Pepe
At the SmartCon conference, Citi and DTCC confirmed that tokenized collateral solutions are live across multiple jurisdictions. Citi’s Token Services now operates 24/7 in the US, UK, Hong Kong and Singapore, processing billions in on-chain fund flows and capital markets settlements.
Meanwhile, the DTCC’s Great Collateral Experiment validated cross-asset, cross-border tokenized treasuries, equities and money market funds as collateral assets.
However, regulatory inconsistency and fragmented legal frameworks pose major barriers to scaling tokenized collateral globally. Citi and DTCC warn that divergent compliance standards and inconsistent smart contract frameworks risk market fragmentation and operational inefficiencies.
Both firms urge SWIFT, global clearinghouses and regulators to establish unified rules and shared protocols. Panelists expect phased progress: wallet-based infrastructures will complement traditional accounts before achieving mainstream adoption.
For crypto traders, this advance in RWA tokenization highlights growing institutional confidence and potential expansion of collateral options in DeFi and digital lending. Yet, persistent regulatory gaps may delay broader adoption. Traders should monitor legal developments and industry initiatives on cross-border tokenized collateral standards.
An anonymous whale on Hyperliquid used 5–8× leverage across BTC, ETH and SOL trades starting October 14, amassing $25.3M profit over 14 consecutive wins by October 28. A market pullback from October 29 led to $15.8M in losses by November 4 as the trader hedged winning positions but doubled down on losing longs. Ignoring risk controls, the whale added leverage at positions just 8% above liquidation prices during ETH and SOL dips, triggering a forced liquidation on November 5. The whale liquidation wiped out $44.7M in profit and capital, leaving only $1.4M collateral. This whale liquidation underscores the high stakes of leveraged trading and the critical need for strict risk management to navigate volatile crypto markets, as sharp price swings and liquidity crunches often follow such events.
Canada has integrated stablecoin regulation into its 2025 federal budget, granting the Bank of Canada oversight of Canadian-dollar-backed stablecoins. This stablecoin regulation framework mandates 1:1 reserve requirements, robust risk management, clear redemption policies and cybersecurity standards. Issuers must comply with data protection under Canadian privacy laws and support amendments to the Retail Payment Activities Act. The plan also introduces national security measures and strengthens consumer protection, financial stability and anti-money laundering efforts. Traders should monitor changes in stablecoin liquidity, institutional adoption and arbitrage opportunities as the clear rules are implemented.
Bullish
Stablecoin RegulationBank of CanadaReserve RequirementsFinancial StabilityConsumer Protection
Bitcoin fell sharply as the U.S. government shutdown entered day 36, triggering a liquidity crisis. The freeze of over $200 billion in the Treasury General Account (TGA) drained market cash, pushing the SOFR rate to 4.22% and Fed SRF usage to $50.35 billion. This funding shortage squeezed credit markets: commercial real estate CMBS defaults hit 11.8%, and subprime auto delinquencies neared 10%. Bitcoin slid below $100,000, sparking $20 billion in liquidations. Traders remain divided: bears warn the TGA freeze will keep tightening liquidity until the Nov. 2 Quarterly Refunding Announcement releases funds, while bulls anticipate a post-shutdown fiscal and Fed easing wave to reverse the squeeze. In the short term, Bitcoin volatility will hinge on the shutdown’s duration. In the longer term, this liquidity crisis may set the stage for renewed monetary expansion and market relief.
Bearish
BitcoinU.S. government shutdownliquidity crisismarket volatilitycredit defaults
Major US banks, led by the Bank Policy Institute (BPI) and the Independent Community Bankers of America (ICBA), have petitioned the Office of the Comptroller of the Currency (OCC) to reject crypto trust charters sought by platforms such as Coinbase, Ripple, Circle and Paxos. They argue that these charters grant bank-like legitimacy while allowing firms to sidestep lending, deposit and capital reserve rules.
Banks warn high-yield stablecoins like USDC, offering around 3.85%, mimic deposit interest and risk drawing funds away from insured institutions. They urge the OCC to consider the impact on traditional banks and market stability.
The OCC maintains that approving trust charters brings nonbank firms under federal oversight. This dispute unfolds after the Genius Act, which bans stablecoin issuers from paying interest, and amid broader regulatory easing.
Traders should watch the next OCC decision on crypto trust charters. Its outcome will shape stablecoin regulation and impact the stability of the US financial system.
An ETH whale initially held a 25× leveraged short position of 22,271.47 ETH (≈$87.06 M), reducing it by 3,615.9 ETH with a $69,000 realized loss and facing a liquidation price just $55 above the mark. Hours later, the same ETH whale—once with a 100% win rate—liquidated a remaining 25× short worth $38.92 M after five straight losses, suffering a $1.448 M loss on this trade and cutting its account to $573 K post a $618 K injection. The ETH whale has accumulated roughly $46.76 M in losses over the past week. This high-profile short liquidation underscores how small ETH price swings can trigger margin calls, forced liquidations, and heightened market volatility.
Bullish
ETH whale25× leveragehigh-leverage tradingshort liquidationmarket volatility
Binance delisting six spot trading pairs is scheduled for July 7 at 03:00 UTC. Affected pairs include INIT/BNB, IOTX/BTC, PEOPLE/BTC, RESOLV/FDUSD, RUNE/FDUSD and USUAL/BTC. The delisting follows a routine review citing low liquidity, falling trading volume and project compliance issues. Traders must convert assets to USDT, BUSD or fiat, withdraw tokens to wallets or transfer them to exchanges still supporting these pairs. All spot trading bots on the delisted pairs will be terminated simultaneously. Removing these pairs may widen bid-ask spreads and restrict trading options. Monitor Binance’s official announcements and withdrawal fees to avoid unexpected costs. Prompt portfolio adjustments are essential to maintain trading flexibility and safeguard investments.
Bitcoin ETF flows reversed in two successive weeks, with $619M of inflows followed by $2.6B of outflows from US-based Bitcoin and Ethereum ETFs. Despite inflows, heavy futures liquidations of over $19B and macro volatility drove Bitcoin below $100,000 and Ethereum down 13%, with BTC trading near $103,428 and ETH around $3,439. Outflows represented just 2% of ETF AUM, signaling market maturity amid US–China trade tensions, government shutdown risks, low liquidity and fading Fed rate-cut hopes. Strong institutional and whale accumulation offset part of the selling. Analysts advise traders to monitor ETF flows, track futures liquidations and test key support levels near $100,000 for Bitcoin ETF and $3,800 for Ethereum ETF before expecting a sustained rebound.
Bearish
Bitcoin ETFEthereum ETFETF FlowsCrypto Price TrendsMarket Support Levels
Ethereum price plunged below $3,300, sliding to a multi-month low near $3,250 and turning its 2025 performance negative. This Ethereum price crash triggered $1.3B in total liquidations—about $1.1B of long positions wiped out, including $375M in ETH longs—liquidating over 340,000 leveraged traders. The largest single liquidation was a $48M ETH long on HTX. Bitcoin also dipped under $100,000 before rebounding to $103,663 in a 4.5% gain. Analyst Ali Martinez warns that failure to reclaim the $4,000 resistance could push ETH down to $2,400 or even $1,700. Key support now sits near $3,250, with interim levels at $3,800 and $3,400; traders need a 20% rally to retest $4,000. The sharp volatility underscores the risks of overleverage and the importance of robust risk management. Short-term traders should monitor support and resistance closely to navigate potential further ETH liquidation events.
Franklin Templeton has filed an amended S-1 registration statement with the SEC for a spot XRP ETF. The move follows the launch of Bitcoin spot ETFs and aims to provide regulated exposure by directly holding XRP. The amendment incorporates SEC feedback and refines market surveillance and investor protection measures. Recent court rulings in SEC v. Ripple clarified that XRP traded on exchanges is not a security for retail investors, reducing regulatory uncertainty. Approval of a spot XRP ETF could unlock significant institutional capital, boost XRP liquidity, and enhance price discovery. However, the SEC will continue to scrutinize the application, and traders should monitor ongoing regulatory responses. This development underscores growing institutional adoption of crypto ETFs and could drive XRP trading volumes and market sentiment.
On November 3, 2025, the Balancer V2 Exploit targeted Composable Stable Pools across seven chains, draining $128 million in a rounding-error attack. Ethereum incurred the largest loss of $99 million, with additional drains on Base, Polygon, Arbitrum, Optimism, Sonic and Avalanche. Balancer paused affected pools within ten minutes, but DeFi TVL crashed 58%, tumbling from $443 million to $186 million. White-hat teams recovered $33 million: Berachain reclaimed $12.8 million via hard fork and StakeWise retrieved $20 million. This Balancer V2 Exploit underscores systemic DeFi security risks in modular protocols. Balancer V3 pools remained unaffected, reflecting an enhanced security model. The BAL token fell 6% post-exploit but stabilized as traders prepare for migration to V3. Balancer plans deeper audits and migration incentives to restore confidence. Traders should monitor official updates, migrate to V3 pools, and watch liquidity shifts.
Tradeweb has partnered with Chainlink to publish its FTSE U.S. Treasury Benchmark Closing Prices on-chain via the Chainlink DataLink service. This on-chain FTSE U.S. Treasury data delivers verifiable, regulated U.S. Treasury prices, supporting accurate valuation and compliance checks for decentralized applications, tokenized funds, and real-world asset (RWA) platforms. By leveraging Chainlink’s secure oracle network, Tradeweb ensures tamper-proof delivery of benchmark rates, boosting institutional confidence in DeFi solutions. The collaboration also coincides with the launch of Chainlink’s new Runtime Environment (CRE), an orchestration layer for privacy-preserving, institutional-grade smart contracts. This ongoing partnership bridges traditional finance and the digital economy, modernizing financial infrastructure, enhancing transparency, and unlocking new opportunities in the multi-trillion-dollar market for tokenized real-world assets.
CMT Digital, a Chicago-based venture capital firm, has closed its fourth crypto VC fund with $136 million in commitments, marking one of the largest raises in 2025 amid a wider crypto VC funding slowdown.
Regulatory clarity and accelerating institutional adoption underpin strong interest from family offices, high-net-worth individuals and institutional investors. The firm has already deployed about 25% of the fund to stablecoin issuers Coinflow and Codex. According to PitchBook data, crypto VC deal value fell to $7 billion across 751 transactions in H1 2025, down from $24.3 billion in 2021. Public listings of CMT-backed firms like Circle on the NYSE and Figure on Nasdaq highlight rising institutional appetite.
Investment partner Sam Hallene said the core thesis remains focused on fintech disruptors and emerging on-chain categories. Traders should monitor CMT Digital’s portfolio developments and regulatory milestones as indicators for infrastructure growth and stablecoin token performance. This crypto VC fund reflects renewed confidence in core blockchain projects.
Chinese electric vehicle maker XPeng will launch its XPeng robotaxi fleet in 2026, featuring four in-house Turing AI chips delivering 3,000 TOPS and a vision-language-action model for driverless rides. Initial testing in Guangzhou will integrate Alibaba’s AutoNavi mapping and Amap ride-hailing platform, with external displays to share status with pedestrians. Alongside the robotaxi, XPeng plans mass production of its second-generation Iron humanoid robot in 2026, powered by three Turing AI chips and solid-state batteries for applications like tour guiding and sales assistance. The company also announced a new driver-assist system optimized for narrow roads, partnering first with Volkswagen, claiming lower human input than Tesla’s FSD. While the announcement underscores XPeng’s push into full-stack autonomous driving and AI chip demand, its direct impact on cryptocurrencies remains neutral.
Zohran Mamdani, 34-year-old democratic socialist, won the New York City mayoral race on November 4, defeating Andrew Cuomo and Curtis Sliwa. His victory—forecast with 92% confidence on Polymarket prediction markets—marks the city’s first Muslim and South Asian mayor, reinforcing faith in blockchain-based political forecasting and crypto regulation interest. Crypto volumes surged 300% pre-election as traders bet on outcomes.
The crypto community on X reacted with mixed views. Influencers Anthony Pompliano and Scott Melker saw limited short-term impact, while Max Keiser warned of potential economic downturn. Austin Campbell likened Mamdani’s outsider appeal to lessons from national politics. This varied response underscores the market’s sensitivity to political events and crypto regulation.
Mamdani has a progressive record on crypto regulation, co-sponsoring a proof-of-work ban bill and supporting a crypto transaction tax expected to raise $158 million annually. Two New York bills are pending: one to allow crypto payments for legal fees, another to tax digital asset transactions. Traders should monitor policy shifts and legislative outcomes for future market signals.
Neutral
crypto regulationNYC mayorprediction marketdigital asset taxproof-of-work ban
Liquid staking protocol Lido has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its official infrastructure for wstETH cross-chain transfers. Following Lido DAO approval, CCIP’s Cross-Chain Token standard will replace native bridges and third-party endpoints for wstETH cross-chain transfers across 16 blockchains, including Arbitrum, Base and Linea, with phased deployments already under way on emerging networks like Plasma, Monad, Ink and 0G.
Chainlink CCIP uses a decentralized oracle network securing over $100 billion in DeFi TVL. It adds multi-layer security and permissionless, DAO-owned contracts. By standardizing wstETH cross-chain transfers, Lido aims to speed up transactions, boost liquidity access and optimize yield strategies.
The move builds on Lido’s existing Chainlink Data Feeds integrations in protocols like Aave. Market response was positive: Lido’s LDO token climbed 5% on announcement day. Analysts say CCIP adoption enhances Lido’s market competitiveness and could set a new DeFi interoperability benchmark.
The Independent Community Bankers of America (ICBA) has formally challenged Coinbase bank charter application at the U.S. Office of the Comptroller of the Currency (OCC), warning it could introduce unproven crypto custody practices into the U.S. banking system and pose systemic risk. The ICBA also questions the trust’s profitability during crypto bear markets and calls for strict capital reserves and enhanced oversight. Coinbase Chief Legal Officer Paul Grewal dismissed the group’s opposition as protectionism aimed at blocking regulated crypto growth. Regulators must now balance innovation and consumer protection when reviewing the Coinbase bank charter. If approved, Coinbase would gain greater legitimacy, expanded custodial and banking services and clearer regulatory guidance, while facing stringent banking standards. The OCC decision will set a critical precedent for integrating digital asset firms into traditional finance and could shape future crypto regulation and market sentiment.
Neutral
Coinbase bank charterICBA oppositionOCC decisioncrypto custodyfinancial stability
Canaan Inc. has raised $72 million in a registered direct offering led by Brevan Howard Digital, with participation from Galaxy Digital and Weiss Asset Management. Investors purchased 63.7 million American Depositary Shares at $1.13 each, strengthening the balance sheet and reducing reliance on at-the-market offerings. After discontinuing AI hardware in June, Canaan is refocusing on core Bitcoin mining infrastructure, deploying capital to expand its 9.3 EH/s capacity across eight data centers. A record U.S. order for 50,000 Apollo miners drove Canaan’s ADS up nearly 9% and supports plans to scale U.S. production.
MARA Q3 revenue rose 92% year-on-year to $252M as Bitcoin production climbed and the Bitcoin price recovered. Marathon Digital swung to a net profit of $123M from a $124M loss last year. Efficiency gains in energy management and strategic capital deployment boosted margins. The company expanded its hash rate through strategic infrastructure investments and plans to increase mining capacity, invest in advanced hardware and explore sustainable energy solutions. Traders should note that Bitcoin price volatility, rising network difficulty and energy costs remain headwinds. This strong MARA Q3 revenue performance may spur hardware investments ahead of the next Bitcoin halving.
Bullish
MARA Q3 revenueBitcoin miningHash rate expansionEnergy efficiencyHardware investment
On November 5, BlackRock transferred 34,777 ETH (≈$115 million) to Coinbase Prime in four batches, marking a significant institutional sell-off amid a broader market correction. Ethereum’s year-to-date gains have shrunk to 1.39%, risking a full reversal of 2025 returns as whale sell pressure intensified and exchange inflows rose by 20%. Data from Whale Insider and a 12% drop in ETH futures open interest reported by CME Group point to waning bullish sentiment. Ethereum’s market cap dipped below $400 billion, down 15% from October highs. Analysts warn this move could deepen the correction and push support toward $2,500. Traders should monitor on-chain metrics, whale movements, and institutional flows to navigate short-term volatility and identify strategic entry points.