South Korean blockchain firm Parameta, formerly ICONLOOP, plans a KOSDAQ listing next year to access capital markets and support its stablecoin platform development. The company aims to raise 20 billion won (~$14.4 million) to accelerate research and implementation. This Parameta KOSDAQ listing marks a significant step for blockchain adoption in traditional finance by enhancing funding access, credibility, and partnerships. It could pave the way for other blockchain enterprises to pursue public listings and drive institutional investment. Key milestones to watch include fundraising completion, regulatory approvals, and stablecoin platform progress, as these will indicate market reception and influence the broader integration of blockchain technology in mainstream finance.
The White House announced that President Donald Trump will sign a temporary funding bill today in the Oval Office at 9:45 pm ET (10:45 am Beijing Time). The interim measure aims to maintain federal agency operations and prevent a lapse in funding while Congress works on full-year appropriations. This step follows recent procedural approvals in the House and comes amid broader debates over government spending and fiscal stability.
Neutral
US politicsgovernment fundingtemporary funding billTrumpWhite House
On November 13, FTX/Alameda unstaked 193,800 SOL (around $31 million), distributing the tokens to 28 addresses. On-chain data show most recipients quickly transferred their SOL to major exchanges such as Coinbase and Binance. Since November 2023, FTX/Alameda has exited a total of 9.37 million SOL—valued at approximately $1.27 billion at an average price of $135.8 per SOL—while still keeping 4.05 million SOL locked in staking. This large-scale SOL reallocation reflects FTX/Alameda’s ongoing asset-management strategy and could exert short-term bearish pressure on SOL prices, impacting liquidity on centralized platforms.
US Treasury Secretary Janet Yellen warned that the stablecoin market, currently around $300 billion, could expand tenfold to $3 trillion by 2030 as digital assets gain wider adoption. Cleveland Fed President Loretta Mester added that independent estimates suggest stablecoins might account for 30%–60% of savings balances, based on parallels to deposit growth from 2000 to 2010. Yellen highlighted that continued innovation and regulatory clarity will be key to this growth trajectory. Traders should watch how evolving policy frameworks and Fed oversight shape stablecoin issuance and liquidity dynamics, as this market expansion could impact crypto trading strategies and token demand.
Bitcoin price recovery above $103,000 shows weakness amid sharply declining trading volumes. This Bitcoin price recovery lacks genuine buying support and raises the risk of a broader crypto pullback. XRP now faces bearish signals after its 50-day moving average crossed below the 200-day, forming a death cross. A break below $2.30 could open the way toward $1.90 or even $1.00. Shiba Inu suffers from stagnation, with volumes at multi-month lows and SHIB confined between $0.0000090 and $0.0000100. Low retail engagement may cap any rally and extend consolidation. Traders should watch for volume surges and key support levels to validate any sustained uptrend.
UEM Group, backed by Khazanah Nasional, is converting its 4,600-acre land bank in Johor into renewable energy-powered data center parks, including a 40-acre industrial park in Gerbang Nusajaya. Through UEM Lestra, it will build a 1 GW hybrid solar plant—starting with a 500 MW, 2.5 billion ringgit phase—and expand biogas capacity from 350 MW to 1 GW. The group also acquired a majority stake in Nur Power, committing 1.5 billion ringgit to carbon reduction and exploring water treatment for cooling. Johor has already attracted 164.45 billion ringgit (~$40 B) in data center investment as of Q2 2025 and is projected to host 60% of Malaysia’s data centers by 2030. These renewable-powered data centers could bolster UEM’s profitability in 2025 and drive momentum into 2026, while enhancing power stability for crypto and digital infrastructure operations.
Neutral
Data CentersRenewable EnergySolar PowerDigital InfrastructureJohor
Chad IDE, developed by Y Combinator-backed startup Clad Labs, is a pioneering AI coding environment that integrates entertainment features directly into the workflow. Unlike traditional AI coding assistants, Chad IDE allows developers to scroll TikTok, play mini-games, or swipe on Tinder within the IDE while waiting for code generation. This context-switching approach transforms typical distractions into built-in productivity tools.
The platform, now in closed beta, has split the developer community. Supporters claim built-in brainrot activities reduce wasted time during compilation waits. Critics, including TBPN podcast co-host Jordi Hays, label the model “rage baiting.” Y Combinator’s backing underscores investor confidence in Chad IDE’s potential to redefine AI coding tools and developer productivity. Industry watchers will assess whether in-IDE distractions enhance focus or derail coding efficiency.
Neutral
Chad IDEAI Coding EnvironmentDeveloper ProductivityY CombinatorContext Switching
A Munich regional court has ruled on ChatGPT copyright, finding that the AI’s use of song lyrics violates German copyright law. Music publishers sued after ChatGPT reproduced full or substantial lyrics, and the court held this goes beyond fair use and infringes authors’ rights. OpenAI’s transformative-use defense was rejected, and the court ordered removal or licensing of the disputed content. This landmark case underscores the importance of securing licenses for copyrighted text in AI training. It may set a global precedent, prompting stricter compliance and licensing practices for AI developers.
Federal Reserve hawkish leader Raphael Bostic announced his retirement effective at the end of his current term in February 2026. Raphael Bostic’s decision comes amid heightened political pressure from the Trump administration, which has criticized the Federal Reserve’s reluctance to pursue more aggressive interest rate cuts. Bostic’s departure removes a key hawkish voice on the Federal Open Market Committee and may signal shifts in the Fed’s monetary policy balance. Market insiders believe that his exit could ease internal tensions and potentially open the door to a more dovish stance, increasing speculation of future rate cuts. Traders should watch for nominees to replace Raphael Bostic and monitor Federal Reserve meeting minutes for clues on policy direction.
Bullish
Federal ReserveRaphael BosticMonetary PolicyHawkish StancePolitical Pressure
Brazil’s government and central bank have proposed comprehensive crypto regulations aimed at combating criminal use of stablecoins and virtual assets. Under the draft framework, stablecoin transactions are reclassified as foreign exchange operations, requiring central bank authorization for service providers. A parallel legislative bill empowers authorities to seize and liquidate digital assets during investigations and convert them into Brazilian reais. With over 20 million crypto users and the highest number of crypto ETFs in Latin America, Brazil seeks to enhance transparency and prevent money laundering. The Central Bank’s Resolution 521 aligns stablecoin oversight with capital markets rules, while President Lula’s bill strengthens asset seizure powers. Industry stakeholders will be consulted before final enactment, expected in early 2026. Traders should monitor compliance costs, KYC requirements, and potential shifts in trading volumes as platforms adjust to new licensing obligations. These crypto regulations represent a key step toward formalizing Brazil’s digital asset sector and safeguarding against illicit flows.
Bitcoin has retraced about 16.9% from its record high of $126,199, but multiple on-chain signals imply a bullish reversal. The Net Unrealized Profit (NUP) index sits at 0.47, just below the 0.5 threshold that historically precedes rallies, as seen in January 2024, July 2024 and April 2025. Mining activity also points to a bottom, with the CryptoQuant mining index at –0.3 signalling reduced miner selling and increased accumulation. Meanwhile, a potential golden cross—where the 50-day moving average crosses above the 200-day—could trigger fresh buying. Institutional investors have bought $523.98 million of Bitcoin recently. Spot traders sold $71.9 million last week after a larger $536.58 million purchase the previous month. VALR CEO Farzam Ehsani says a breakout above $110,000, along with renewed ETF inflows and improving macro data, could drive Bitcoin to $130,000 by year-end.
A malfunction in BitGo’s automated account management system caused over 11,000 failed transactions on the XRP Ledger in a single day. When a BitGo wallet ran out of XRP, its automation continued to send new account activation requests, each requiring a one-XRP base reserve. The system’s repeated “UNFUNDED_PAYMENT” errors briefly congested network trackers but did not affect consensus or transaction integrity. Community developer “Vet” flagged the anomaly, and BitGo confirmed an automation fault rather than a security breach. The custodian replenished the wallet with 1,048 XRP, restoring normal operations. This incident highlights the XRP Ledger’s resilience and underscores the importance of robust monitoring and fail-safe measures in automated wallet systems to prevent unnecessary transaction load and network disruption.
The crypto market shows widening bearish pressure as trading volumes across major assets decline. Shiba Inu (SHIB) volumes have collapsed to multimonth lows, keeping its price trapped between $0.0000090 and $0.0000100 and raising prospects of further consolidation or decline. XRP has suffered a death cross after its 50-day EMA fell below the 200-day EMA, pushing the token down to $2.39 and setting a medium-term target at $1 if the $2.20 support fails. Meanwhile, Bitcoin (BTC) appears stuck in a low-volume bounce, trading near $107,000–$111,000 below key moving averages and lacking momentum. RSI indicators for all three assets remain neutral to bearish, confirming the crypto market’s fragile uptrend and subdued investor participation.
Brazil’s Finance and Justice Ministries have launched a public consultation on new crypto regulation aimed at curbing illegal Bitcoin and stablecoin use. The draft proposals would require stablecoin issuers to be licensed banks or regulated entities, maintain 1:1 fiat backing, and classify stablecoins as securities. They also expand anti-money-laundering (AML) rules to cover decentralized finance (DeFi), mandate licensing for cross-border stablecoin transfers, and empower authorities to freeze suspicious accounts. Public feedback is open until early October, as regulators seek to strengthen AML measures, combat financial crime, and provide clearer legal frameworks for the cryptocurrency market.
XRP price is trading near $2.39 with a critical support at $2.35. If this level holds, technical analysis suggests a potential rebound to the 50-day exponential moving average at $2.55; failure risks a drop to $1.96. The RSI has dipped to 47, indicating bearish momentum, while the MACD shows bullish convergence, creating mixed signals for traders. On-chain data reflects the highest active addresses since August, signaling growing network use and stronger demand. Traders will watch $2.35 and $2.55 closely as key benchmarks for short-term recovery or further declines.
Neutral
XRP Price PredictionSupport LevelTechnical AnalysisOn-Chain DataMarket Outlook
The European Securities and Markets Authority (ESMA) is preparing to tighten oversight under the EU’s MiCA framework less than a year after its launch. Regulators are concerned that some member states are issuing crypto licenses too quickly and inconsistently. A central measure under review would allow or require shared order books across EU trading venues—and possibly with non-EU platforms—to boost liquidity and improve price discovery. While this could benefit traders through deeper markets and better execution, ESMA warns it may blur lines of responsibility for trade matching, risk management and disclosure. In a recent communication, ESMA reiterated that MiCA currently prohibits crypto firms from merging order books with non-EU, non-regulated venues, stressing the need for a level playing field. Details on timing and implementation remain under consideration.
Neutral
MiCA RegulationESMAShared Order BooksCrypto RegulationEU Market
US House approved a procedural vote to advance a spending bill aimed at ending the 43-day government shutdown. The measure passed by a 213-209 margin, removing a legislative barrier after the Senate had approved the bill. It now moves to a one-hour debate before a final vote. President Trump plans to sign the legislation tonight (Thursday morning Beijing time), which would reopen federal agencies and restore government functions. This development alleviates fiscal uncertainty and reduces market risk. Crypto traders should note that ending the US government shutdown may boost risk-on sentiment, improve liquidity, and support positive market momentum. With the shutdown resolved, focus shifts back to macro drivers, potential Fed rate moves, and regulatory updates. Traders should monitor key indicators and prepare for volatility as markets react to resumed government operations.
Bullish
US CongressGovernment ShutdownProcedural VoteMarket SentimentCrypto Trading
Bitcoin price has climbed above $100,000 in 2025. The surge is fueled by over $50 billion in spot Bitcoin ETF inflows since their late 2024 approval and institutional demand from firms like BlackRock and Fidelity. The April 2024 halving tightened supply, helping prices peak near $105,000 in Q3. Regulatory clarity from the SEC and EU regulators has reduced custody risks and drawn pension funds and endowments. Average daily trading volumes exceed $30 billion, and market capitalization surpassed $2 trillion. Traders should monitor ETF flow data, institutional adoption metrics, and upcoming policy updates to anticipate further Bitcoin price movements.
Coinbase has announced its relocation from Delaware to Texas, citing the state’s favorable crypto regulation, lower taxes, and an aligned stance on economic freedom. CEO Brian Armstrong stated the move advances Coinbase’s mission to expand crypto adoption under clearer regulatory frameworks and pro-business policies. By redomiciling in Texas, Coinbase anticipates reduced corporate expenses, streamlined operations, and enhanced advocacy for digital asset innovation. Texas has emerged as a crypto-friendly hub with recent policy initiatives and economic incentives tailored for blockchain firms. This relocation mirrors broader tech sector trends favoring states with supportive regulatory environments. Although Delaware is known for corporate benefits, Texas’s clarity in crypto regulation and fiscal advantages make it a compelling base for major exchanges.
RippleX, the blockchain development arm of Ripple, has issued a warning to XRP holders about a surge in sophisticated XRP scams. These scams employ AI-generated deepfake videos and counterfeit livestreams that impersonate company executives, promising large XRP giveaways in exchange for token deposits or personal wallet information. Fraudulent schemes often appear in reply threads to official posts, creating a false sense of legitimacy.
In a notice posted on social media platform X, RippleX emphasized that no employee will ever ask for funds, wallet seed phrases, or private keys. The announcement advised users to verify all promotional activities exclusively through the official @RippleX and @RippleXDev accounts. Keeping your XRP secure and avoiding unsolicited offers were key recommendations to enhance crypto security.
Since Ripple’s recent legal and regulatory wins, scammers have ramped up their tactics. Similar impersonation schemes surfaced in 2020, prompting Ripple to take legal action against YouTube and collaborate on content removal. Experts warn that as AI tools become more accessible, the risk of XRP scams continues to grow.
For XRP investors, vigilance is essential. Always confirm deals via verified channels. Never share wallet credentials. Implementing these fraud prevention steps enhances crypto security and helps protect holdings from sophisticated fraud. By clarifying official communication practices, RippleX aims to reduce losses and maintain trust within the community.
Boston Fed President Susan Collins recently urged holding interest rates steady due to persistent inflation and significant data gaps caused by a government shutdown. This policy pause allows the Federal Reserve to gather more information on inflation, employment trends, consumer spending, and economic growth before adjusting interest rates. Collins highlighted the risks of premature rate changes, including reigniting inflation or unnecessarily slowing growth. Key factors influencing the Fed’s cautious stance are limited inflation tracking, uncertain labor market conditions, and the need to balance price stability with maximum employment. Traders should note that current borrowing costs for loans and credit remain unchanged, but future rate decisions will hinge on incoming economic indicators. Monitoring inflation trajectory and labor market signals will be crucial for anticipating any policy shift.
Neutral
Federal Reserveinterest ratesinflationmonetary policydata uncertainty
On November 13, the Dubai Digital Economy Court issued a global asset freeze order for $456 million linked to TrueUSD issuer Techteryx, which was rescued by Justin Sun’s investment vehicle. The dispute centers on whether TrueUSD reserve funds were improperly diverted to Dubai-based Aria Commodities DMCC, an entity under financier Matthew William Brittain. Between 2021 and 2022, Aria received funds through a Hong Kong First Digital Trust account. Techteryx claims this transfer violated custody agreements, turning liquid reserves into long-term loans and private deals. Aria argues its liquidity constraints stem from maturity commitments and that its ARIA CFF strategy was not designed for stablecoin backing. On October 17, Judge Michael Black KC highlighted “serious issues” warranting a freeze, noting Aria failed to provide clear evidence of fund transfers or asset ownership and citing risks of asset dissipation or restructuring to thwart judgment.
Dromos Labs, the developer behind Aerodrome, is launching Aero, a new central liquidity hub that unites the Aerodrome DEX on Base with its Velodrome protocol on Optimism. The hub will expand to Ethereum mainnet and Circle’s Arc chain, offering seamless integration across the Ethereum-based EVM ecosystem. Scheduled for Q2 2026, Aero consolidates the AERO and VELO tokens into a single AERO token. The initial AERO distribution mirrors current revenue shares: 94.5% to existing AERO holders and 5.5% to VELO holders. No new tokens will be issued, ensuring no dilution. By simplifying liquidity management and unifying token economics, Aero aims to boost trading efficiency and liquidity depth. Traders should watch for increased liquidity flows and potential price support for AERO.
Adrian Barkley outlines why forex trading can outperform crypto trading in 2026. He highlights tight spreads, deep liquidity, and low slippage as compounding advantages for forex. Crypto retains value for right-tail convexity, catalyst-driven moves, and 24/7 access. He proposes a 2026 forex playbook:
1) Carry trades with volatility guardrails.
2) Event-driven execution on CPI and central bank days.
3) Pair selection based on relative divergence across G10 and emerging markets.
4) Use XAUUSD trends as a regime compass.
For crypto, he recommends vol-targeted sizing, staggered entries/exits, and defined-risk options. He stresses cost controls: track after-cost performance and sunset strategies that cost more than they earn. His portfolio framework balances steady FX carry and relative-value core with a lean tactical crypto sleeve. Execution guidelines include setting slippage limits, pre-funding collateral, and auditing after-cost PnL. Key risks are policy shocks, liquidity gaps, and rule changes. This disciplined approach aims to turn small forex edges into repeatable returns while using crypto tactically.
A US Senate vote of 60-40 advanced a bipartisan bill to reopen federal funding, aiming to end the longest government shutdown. The measure, pending a House vote, would allow regulators—especially the SEC—to resume normal operations after ETF review staff were furloughed. This halt stalled dozens of filings, including spot XRP ETFs from Grayscale, Bitwise, 21Shares and CoinShares, whose decision deadlines passed in October. With the shutdown ending, XRP ETF applications could be among the first to move, as the SEC had issued new guidelines to speed approvals. Spot XRP ETFs promise direct XRP exposure via brokerage accounts, likely boosting price and liquidity through renewed institutional demand, similar to earlier Bitcoin and Ethereum ETF launches.
Ethereum DeFi dominance slipped to 67.65% in November, its lowest level since 2021. Competitors like Solana and Binance Smart Chain (BSC) are narrowing the gap. DeFiLlama data shows Solana commands 8.9% of DeFi activity, BSC holds 6.67%, and Bitcoin 6.75%. Ethereum retains a market cap of $420.7 billion and a 24-hour volume of $31.6 billion, but daily usage and developer activity are plateauing. Tron’s share in stablecoin issuance rose to 25.78%, versus Ethereum’s 55.55%. Emerging chains Base and Arbitrum each exceed 1%. Santiment reports Solana leads in daily active addresses and transaction volume. Its development score is 21.5, compared with Ethereum’s 14.3. These shifts point to an ongoing erosion of Ethereum DeFi dominance. Traders may diversify into alternative smart contract platforms.
Ethereum’s DeFi dominance stands at 67.65% of total value locked in 2025, yet rival chains are chipping away at its lead. Solana, with 8.9% market share, now surpasses Ethereum in daily active addresses and transaction volumes thanks to lower fees and faster processing. Tron has captured 25.78% of stablecoin issuance, compared with Ethereum’s 55.55%, while BNB Chain and Bitcoin hold 6.67% and 6.75% respectively. Developer activity metrics from Santiment show Solana outpacing Ethereum (21.5 vs. 14.3), and reports from CoinGecko highlight that high gas fees remain a barrier for ETH. Despite a recent 2.5% daily dip, ETH gained 5.6% on the week, but sustained pressure from Solana and Tron may weigh on its price. Traders should watch on-chain metrics, layer-2 adoption and cross-chain flows as the DeFi ecosystem evolves.
Canary Capital’s XRP ETF, ticker XRPC, secured Nasdaq listing certification at 5:30 p.m. ET on Nov. 12, 2025, per report by Eleanor Terrett. With approval effective immediately, XRPC is slated to begin trading at the market open on Nov. 13. The fund provides investors a regulated, spot-based exposure to XRP via Nasdaq. Traders should watch XRPC’s early trading volumes for signals on institutional demand and potential spot price movements in XRP.
The Irish media regulator Coimisiún na Meán has launched a formal DSA investigation into social media platform X, examining potential violations of EU content moderation rules and user appeal rights. The probe assesses X’s transparency in automated content decisions and the effectiveness of its internal complaint-handling systems. Regulators are concerned that inadequate redress mechanisms limit users’ ability to challenge removals. Under the DSA, confirmed breaches could result in fines up to 6% of X’s annual global turnover — over $300 million based on estimated 2024 revenues of $5 billion. This marks Ireland’s first major enforcement action against a very large online platform, drawing on complaints from nonprofit HateAid and EU data showing 70% of DSA complaints relate to moderation transparency. X may need to overhaul its moderation policies, transparency disclosures, and appeal processes. The probe highlights increasing EU regulation of social media governance and its impact on platform accountability.
Neutral
DSAcontent moderationX platformEU regulationuser rights