On-chain data show Dogecoin’s reserve risk indicator has moved into red zones, indicating weakening long-term holder conviction. Inflows reversed to over 22 million DOGE outflows, breaching the $0.177–$0.179 support zone and raising the risk of a deeper price correction.
Meanwhile, Mutuum Finance (MUTM) has raised $18.85 million in its presale with over 18,120 wallets participating. Phase 6 at $0.035 per token is more than 95% sold, and Phase 7 launches soon at $0.04 with a 20% bonus ahead of a planned $0.06 launch price.
The platform’s dual-market lending model combines peer-to-contract pools that auto-compound ETH/USDT deposits with peer-to-peer lending channels for customized loan terms. Its 90/100 CertiK security score and $50,000 bug bounty back an upcoming V1 protocol on the Sepolia testnet in Q4 2025.
Active community incentives — including daily $500 MUTM bonuses and a $100,000 token giveaway — are driving demand. Traders seeking high-growth DeFi entry points may view buying MUTM under $0.04 as a timely opportunity.
Robert Kiyosaki, author of Rich Dad Poor Dad, sold 25 BTC worth $2.25 million at about $90,000 each—coins he bought at $6,000. He redirected the proceeds into two surgery centers and a billboard advertising venture expected to generate about $27,500 in tax-free monthly cash flow by February. Despite the Bitcoin sale, Kiyosaki remains bullish on Bitcoin, forecasting a $250,000 BTC price by 2026 and planning to reinvest this cash flow into further BTC purchases. Bitcoin recently dipped below $82,000 before rebounding to $84,490, a 30% drop from its $126,080 peak. Analyst Peter Brandt views this pullback as a healthy reset and predicts BTC could reach $200,000 by Q3 2029, reinforcing a positive market outlook.
Bullish
Bitcoin saleRobert KiyosakiCash-flow investmentsBTC price outlookCrypto bullish outlook
Ozak AI presale price jumped from $0.001 to $0.012 in its first phase and reached $0.014 in the current round, raising $4.4 million by selling 1 billion of 10 billion total tokens. The Ozak AI presale allocates 30% of supply, granting holders governance rights, access to AI blockchain analytics, and staking fee reductions.
The platform leverages OSN data streams, DePIN computing, secure Data Vaults, and AI Prediction Agents via the Eon dashboard. Strategic partnerships with Meganet, Pyth Network (PYTH), and Phala Network (PHA) bolster node speed, data reliability, and privacy-preserving AI training. Analysts forecast a price of $0.50 by 2026 and $1 by 2027—implying a $3 billion market cap—positioning Ozak AI as a high-potential play for crypto traders ahead of the next bull market.
Bullish
Ozak AIAI blockchaincrypto presalemarket cap forecasttokenomics
Coinbase is set to acquire Vector.fun, a Solana-based decentralized exchange specializing in memecoin trading and copy-trading features. The terms remain undisclosed, but Coinbase will absorb Vector.fun’s 13-member team and retire its mobile and desktop apps by year-end. This marks Coinbase’s ninth acquisition in 2025, up from three in 2024, following the $2.9 billion Deribit deal and the $375 million Echo purchase. By integrating Vector.fun’s technology, Coinbase plans to expand asset availability via decentralized exchanges on its main app, complementing its centralized services on the Base blockchain. In Q3 2025, Coinbase reported $1.05 billion in transaction revenue, nearly double year-ago levels, and launched PRESALE to enable retail token pre-listings. COIN stock trades around $241, up 3% in the past 24 hours.
Teresa Goody Guillén, Binance CEO Changpeng Zhao’s personal lawyer, clarified that the CZ pardon addressed only alleged anti-money laundering (AML) and compliance lapses, not criminal wrongdoing. She detailed the multi-step review by the Department of Justice, Office of the Pardon Attorney and White House Counsel, and dismissed any quid pro quo or crypto favors narrative. Guillén noted that Binance’s USD1 stablecoin operates across multiple chains, refuting claims of Trump-linked stablecoin ties. She added that following the CZ pardon, Zhao will not resume day-to-day management due to ongoing oversight by the DOJ, CFTC, FinCEN and OFAC. US market access for Binance remains restricted, affecting liquidity and exchange operations. Guillén said the CZ pardon highlights regulatory debates over AML compliance and broader crypto policy under changing administrations.
Bitcoin price surge this week first cleared the $84,000 resistance on Binance’s USDT market. The rally then extended above $85,000. Institutional adoption and clear regulatory frameworks drove strong inflows. Trading volume spiked as retail and institutional investors joined the rally.
The breakout removed key resistance and set a new support zone above $84,000. Analysts note this marks one of Bitcoin’s strongest quarterly performances. Improved infrastructure and regulatory clarity underpin bullish sentiment. Market volatility remains a risk. Traders should employ risk management and monitor macroeconomic indicators.
Historical patterns suggest sustained gains after major resistance breaches. But short-term corrections are possible. Traders focusing on institutional inflows, regulatory developments, and economic data can better time entries and exits. The Bitcoin price surge reinforces BTC’s leading role in digital assets.
HBAR initially plunged 5.9% as institutional selling at the $0.1500 support triggered a technical breakdown, driving trading volume 71% above the 20-day average. The token formed a double bottom at $0.144 but faced new resistance at $0.1512. In a late-session rebound, volume collapsed to 3 million, suggesting smart-money accumulation around $0.145.
However, the bearish trend intensified on Nov.21 when sellers unloaded 250.3M HBAR at 07:00 GMT. The surge in volume—98% above the 24-hour average—broke the $0.1350 support, turning it into a $0.1400 resistance. HBAR now trades within a descending channel, repeatedly testing the $0.1277–$0.1281 floor, with $0.1250 as the next downside target if broken. Traders will watch resistance at $0.1350 and $0.1400 for potential retracements.
Bearish
HBARInstitutional SellingTechnical AnalysisTrading VolumeSupport and Resistance
Metaplanet, a Tokyo-listed analytics firm, plans to raise approximately $135 million through a 23.61 million Class B perpetual preferred share offering at ¥900 ($5.71) per share. The non-voting Class B shares, dubbed “Mercury,” carry a fixed 4.9% annual dividend, paid quarterly, and convert into ordinary stock at ¥1,000 ($6.34) per share.
Proceeds will fund additional Bitcoin acquisitions, boosting Metaplanet’s reserves beyond its current 30,823 BTC (valued at $2.82 billion). The company can redeem the shares if the trading price exceeds 130% of the liquidation preference for 20 business days, while holders have redemption rights if unlisted by December 29, 2026.
This capital raise, modeled after MicroStrategy’s strategy, underscores Metaplanet’s bullish outlook on Bitcoin’s long-term returns despite a 15.2% unrealized loss on its holdings. The restructuring also cancels older warrants (Series 20–22) and issues new Series 23 and 24 to Evo Fund, aligning incentives in the evolving crypto market.
Bitwise Asset Management will launch its spot XRP ETF on the New York Stock Exchange under the ticker XRP starting Thursday. The fund carries a 0.34% management fee, waived for the first month on the initial $500 million, and provides direct, physically backed exposure to XRP via Coinbase Custody Trust Company’s cold storage. The ETF’s NAV is benchmarked to the CME CF XRP-Dollar Reference Rate to curb price manipulation. CIO Matt Hougan highlights XRP’s low operating cost, over 4 billion transactions throughput and active supporter community. The listing follows regulatory clarity from the GENIUS Act and trails Canary Capital’s XRPC debut on November 13 with $58 million in first-day volume, ahead of upcoming Grayscale and Franklin Templeton launches. Despite XRP’s recent 15% drop to $2.01, JPMorgan projects $4 billion–$8 billion net inflows into XRP ETFs within six months. The spot XRP ETF launch is poised to tighten spreads, boost liquidity and attract stronger institutional demand.
Abu Dhabi Investment Council (ADIC) nearly tripled its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) from 2.4 million to almost 8 million shares by the end of September, valuing its position at about $520 million. The move came just before Bitcoin reached an all-time high above $125,000 on October 5. Shortly after, IBIT saw a record single-day outflow of $523 million and $3.3 billion in redemptions over the past month, underlining the impact of ETF flows on market volatility. Year-to-date, Bitcoin ETF inflows remain strong at around $25 billion, reflecting robust institutional demand for regulated crypto vehicles. Analysts say ADIC’s actions signal growing sovereign and public fund interest in Bitcoin ETFs as long-term stores of value. Market participants should watch ETF flow data closely, as future regulatory approval of over 100 new crypto ETFs by 2026 could drive further price swings.
Nvidia earnings for Q3 beat analyst forecasts, driven by a record $51.2 billion data center segment and strong demand for AI GPUs. The company reported $57.0 billion revenue and $1.30 EPS, and forecast Q4 revenue around $65 billion, citing “off the chart” demand for new Blackwell GPUs.
The results triggered an AI-driven crypto rally. Bitcoin surged from below $89,000 to a peak of $92,000, while Ethereum saw modest gains as traders anticipated higher GPU demand in AI and mining. GPU-focused mining stocks, including Cipher Mining and IREN, jumped on multi-billion-dollar cloud deals with AWS and Microsoft.
Profit-taking and renewed macro uncertainty reversed gains, sending Bitcoin down to $87,000 by close. Crypto exchange Bullish posted an $18.5 million Q3 profit on 72% revenue growth, though its shares remain 40% lower. The episode underscores market sensitivity to Nvidia earnings and highlights potential margin pressure from rising borrowing costs and debt-financed GPU purchases.
Brazil’s government is set to expand its IOF tax to cover cross-border crypto payments, including stablecoins, marking a significant Brazil crypto tax update aimed at closing regulatory gaps and boosting revenue. Under central bank rules effective February 2027, virtual assets pegged to fiat will be classified as foreign-exchange transactions subject to IOF, replacing the current IOF exemption. In parallel, the Federal Revenue Service will adopt the global Crypto-Asset Reporting Framework (CARF) to strengthen reporting of offshore crypto accounts. This Brazil crypto tax reform is designed to eliminate stablecoin arbitrage, increase transparency, and may lead to higher trading costs and shifts in cross-border trading patterns.
Bearish
Brazil crypto taxcross-border crypto paymentsIOF extensionstablecoins regulationCrypto-Asset Reporting Framework
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow of $523 million on November 18, marking the fifth consecutive day of redemptions totalling $1.425 billion. The withdrawals coincided with Bitcoin’s slide below $90,000, down about 30% from its October peak of $126,000. The average purchase price for spot Bitcoin ETFs stands at $90,146, leaving many investors at breakeven or in loss.
Despite heavy redemptions, IBIT remains the leading Bitcoin ETF with $87.63 billion in assets under management as of November 19. Meanwhile, Grayscale Bitcoin Mini Trust and Franklin Templeton’s spot Bitcoin ETF attracted inflows of $139.6 million and $10.8 million respectively, indicating a rotation among products.
Analysts attribute the outflows to institutional risk aversion and profit-taking after earlier gains. Lower trading volumes and higher volatility at sub-$90,000 levels may drive further redemptions in the short term. However, nearly $25 billion of cumulative inflows from March through October suggest strong institutional demand could support a rebound if market sentiment improves.
Payward, parent company of Kraken, has confidentially filed a Form S-1 with the US SEC for a proposed Kraken IPO. The filing does not yet specify share count or price range and remains subject to SEC approval and market conditions. Kraken joins a wave of crypto exchange listings after raising $800 million at a $20 billion valuation. Peers in line include Grayscale, Circle, Gemini, Bullish and Figure Technologies. Circle’s recent debut surged 120% on day one, highlighting investor appetite for crypto exchange stocks. The Kraken IPO could set a valuation benchmark for the sector, boost trading volumes and attract more institutional capital. Traders should monitor SEC feedback and pricing updates for opportunities in crypto IPOs.
Fidelity Investments this week launched the Fidelity Solana Fund (FSOL), a staking-enabled Solana ETF, on NYSE Arca. The fund offers exposure to SOL tokens with in-built staking rewards and waives its 0.25% expense ratio and 15% staking fee through May 18, 2026. After the waiver period, standard fees will apply, keeping FSOL competitively priced.
FSOL’s debut follows a surge in institutional demand for regulated Solana access. It joins spot Solana ETFs from Bitwise, Grayscale, VanEck and Canary Capital. Bitwise’s BSOL alone has drawn over $450 million since late October. In the Solana ETF market, analysts predict rapid inflows thanks to Fidelity’s brand trust and fee waiver.
The launch underscores Fidelity’s broader digital assets strategy, which includes spot Bitcoin and Ether ETFs, and reinforces the firm’s position in the growing crypto ETF market.
Senate Banking Committee Chair Tim Scott announced a December markup of the crypto market structure bill, aiming for a Senate floor vote early next year and swift presidential approval. The crypto market structure bill would designate Bitcoin (BTC) and Ether (ETH) as digital commodities under CFTC oversight and clarify regulatory boundaries between the CFTC and SEC. It also introduces an ’ancillary assets’ category and imposes stricter exchange compliance rules, including segregated customer funds, conflict-of-interest policies, clear disclosures, and strong internal controls. Ongoing negotiations address DeFi oversight and enhanced AML safeguards. Backed by Coinbase CEO Brian Armstrong and following the House-passed CLARITY Act, the bill must clear both the Senate Banking and Agriculture Committees. If enacted, it could enhance market integrity, support industry stability and innovation, and solidify the U.S. as a leading regulated crypto market.
Ondo Global Markets has won approval from the Liechtenstein Financial Market Authority to offer tokenized stocks and tokenized ETFs across all 30 European Economic Area countries. Under the EU’s MiCA regulation and Liechtenstein passporting regime, over 500 million retail investors in the 27 EU member states plus Iceland, Liechtenstein and Norway will gain regulated on-chain access to US equity markets. This follows Ondo’s partnership with BX Digital of Boerse Stuttgart for tokenized stock trading in Switzerland. Traders should watch for liquidity shifts as listings expand under MiCA, potentially boosting trading volumes in tokenized stocks and new on-chain instruments.
Bullish
Ondo Global MarketsTokenized StocksMiCA RegulationLiechtenstein ApprovalEuropean Crypto Markets
Mt. Gox executed a Bitcoin transfer of 10,422.6 BTC (US$936 million) on November 18, marking the first major creditor repayment in eight months. The Bitcoin transfer moved funds from cold storage to an anonymous wallet, with no further withdrawals reported.
Following its 2014 hack and bankruptcy, Mt. Gox has recovered about 200,000 BTC and began distributions in mid-2024. Regulators extended the repayment deadline to October 31, 2026. After this transfer, around 34,689 BTC (US$3.12 billion) remain for future payouts.
Market analysts view the movement as an internal reallocation rather than an imminent sell-off. Traders should monitor any shifts to exchanges, which could exert short-term pressure on the crypto market.
Grab and StraitsX have signed an MOU to deploy a T+0 Web3 stablecoin payment network across eight Southeast Asian markets. The integration embeds XSGD and XUSD into Grab’s superapp, enabling on-chain programmable payments, instant cross-border settlement, and real-time fiat-to-stablecoin conversions within seconds. This stablecoin payment network bypasses slow, costly Swift transfers and reduces working capital pressure for SMEs through instant merchant settlement. Pending regulatory approvals and AML/CTF compliance, the project plans to expand into Taiwan and Japan by 2026. Traders should monitor regulatory developments and user adoption as key catalysts for stablecoin demand and market liquidity.
Coinbase CEO Brian Armstrong has returned to Washington D.C. to push the CLARITY Act, a bipartisan bill set for congressional review in December before presidential submission. The CLARITY Act aims to create a clear crypto regulation framework by assigning security-like digital assets to the SEC and commodities and tokenized assets to the CFTC. Backed by Senators including Cynthia Lummis and firms such as Ripple, Kraken, Circle, a16z and Paradigm, the bill also clarifies stablecoin rules by building on GENIUS Act reserve requirements without imposing interest limits. Concurrently, lawmakers are weighing a Strategic Bitcoin Reserve plan to purchase one million BTC over five years using non-deficit funds. Traders view these measures as critical to reducing market uncertainty, protecting consumers and fostering US competitiveness in global crypto policy.
Aave App has introduced a consumer-grade DeFi savings product offering around 6% APY on stablecoin deposits, with real-time interest compounding. The Aave App supports fiat on-ramps via over 12,000 banks and debit cards, allows instant withdrawals, and is backed by over-collateralized loans on Aave. Users can deposit GHO, USDC or USDT with no minimums or fees, and earn additional yield boosts of up to 0.5% through referrals and auto-deposits. Security features include two-factor authentication, biometric recovery, withdrawal whitelists and a $1 million account protection guarantee. The launch follows Aave Labs’ MiCAR compliance in Ireland and strategic acquisitions, highlighting a push to bridge traditional finance and DeFi. Traders should monitor growing stablecoin inflows into Aave App and potential uplift in AAVE token demand, while weighing smart contract and market risks.
El Salvador resumed its Bitcoin accumulation programme with a $100 million purchase of 1,091 BTC on November 18, bringing weekly buys to 1,098.19 BTC and total reserves to 7,474.37 BTC. Valued at about $672.9 million, the holdings show an unrealised gain of $264.6 million. The contrarian dip-buying comes as Bitcoin slid under $90,000, trading near $90,268 after a 4.9% drop amid global panic selling. Short-term holders offloaded 148,000 BTC at a loss—their largest capitulation since April 2025. Since launching a one-BTC-per-day plan in November 2022, El Salvador has ignored IMF calls to suspend purchases. The state’s $100 million buy provided brief relief, but analysts warn that broader de-risking could prompt further selling. Traders will watch whether long-term holders absorb the discounted supply or if Bitcoin slips lower.
LevelField Financial has secured conditional approval from the Illinois Department of Financial and Professional Regulation to acquire Chicago’s Burling Bank, pending Federal Reserve clearance. The acquisition will see Burling rebranded as LevelField Bank, creating the first FDIC-insured crypto bank operating across all U.S. states and territories. Leveraging Burling’s $196 million in net assets and $158 million in deposits, LevelField Bank will provide 24/7 FDIC-insured crypto banking services, including Bitcoin-backed loans, Bitcoin rewards credit and debit cards, and digital asset trading and custody. CEO Gene A. Grant II says the bank will focus on underserved businesses while offering the safety and oversight of the U.S. banking system. The move underscores the rise of a fully compliant FDIC-insured crypto bank as regulators warn that widespread stablecoin use could divert trillions in deposits and maintain close Federal Reserve scrutiny after recent crypto-friendly bank failures.
The U.S. Securities and Exchange Commission’s (SEC) 2026 exam priorities omit any direct mention of crypto. Instead, the SEC exam priorities focus on cybersecurity, sales practices and fiduciary duties, treating digital assets under existing custody, books-and-records and investor protection rules. Examiners retain authority to review crypto activities, and enforcement actions against exchanges, platforms and token issuers continue through separate channels. Traders view this wording change as a step toward routine oversight and normalization of digital asset regulation, easing symbolic pressure without altering the legal framework. However, listings, product design and liquidity decisions will still depend on ongoing court rulings and SEC guidance.
Cboe Futures Exchange will launch 10-year Bitcoin continuous futures (PBT) and Ether continuous futures (PET) on December 15, 2025, pending CFTC approval. These Bitcoin continuous futures and Ether continuous futures feature daily cash adjustments based on the Cboe Kaiko Real-Time Rate, enabling perpetual-style crypto exposure without periodic rollovers. The contracts are cash-settled and centrally cleared via Cboe Clear U.S., with transparent margin requirements and cross-margining alongside existing FBT and FET futures. Rob Hocking highlights that the futures provide institutions with regulated, onshore access to perpetual-style derivatives, while Anne-Claire Maurice underscores the operational efficiency and risk management benefits. Cboe Options Institute will hold educational sessions on December 17, 2025, and January 13, 2026. The launch is expected to boost capital efficiency, improve volatility management and offer U.S. traders a regulated alternative to offshore perpetual futures.
The CZ pardon granted by former President Trump in October cleared Changpeng Zhao’s record after he pled guilty to AML violations at Binance. Despite the CZ pardon clearing his record, allegations soon emerged that it was exchanged for support of a $2B USD1 stablecoin venture with Trump-affiliated World Liberty Financial. CZ’s lawyer and Binance denied any quid pro quo. Critics, including US senators, called for congressional probes into meetings on USD1, while supporters note Zhao’s case involved compliance failures, not fraud. Bitcoin (BTC) was trading near $93,863 as market watchers assess regulatory risks and Binance’s reputation.
Cardano ADA has tested its crucial support level at $0.50 three times since October 10, rebounding to $0.54 on November 7 and again on November 14. The price remains below the 21-day simple moving average, which continues to act as a resistance barrier. Technical indicators reveal both the 21-day and 50-day SMAs are trending downward, signaling persistent bearish pressure. If ADA fails to hold $0.50, traders could see a drop toward $0.40 and potentially October’s low of $0.295. Conversely, a decisive break above the 21-day SMA may trigger a bullish rally toward the 50-day SMA and the $0.87 level. Doji candlesticks and repeated rejections at the short-term average suggest range-bound conditions. Traders should monitor a clear breakdown below $0.50 or a successful move above the 21-day SMA to gauge the next major trend.
Steak ’n Shake launched Bitcoin payments in its US outlets on May 16, 2025, introducing a themed “Bitcoin Steakburger” menu item. Following its Bitcoin payments debut, the chain expanded crypto payments to El Salvador after participating in San Salvador’s Bitcoin Histórico event and plans to roll out BTC acceptance at all international locations. Traders should note an 11% same-store sales increase in Q2 and a 15% rise in Q3, outperforming competitors, highlighting strong retail demand and broader crypto adoption. A proposed social media poll on adding Ether sparked community backlash, leading Steak ’n Shake to cancel the vote and reaffirm its Bitcoin-only payment stance, underscoring merchants’ role in shaping Bitcoin trading sentiment.
Bullish
Bitcoin PaymentsEl SalvadorSteak ’n ShakeCrypto AdoptionSales Growth
OKX Wallet CEO Star Xu has launched a backdoor bounty program, offering 10 BTC to anyone who can prove a hidden backdoor in the OKX Wallet. The move follows a user report of 50 ETH stolen, initially blamed on a wallet flaw. OKX later traced the breach to a sophisticated phishing attack via fake Google ads and counterfeit signature prompts. Xu’s challenge invites global security researchers to audit the open-source wallet code. The initiative underlines OKX wallet security and overall crypto security. Experts stress that user education—bookmarking official URLs, verifying links and avoiding unknown signature requests—remains the first line of defense. OKX Wallet’s public bounty sets a new standard for collaborative vulnerability testing in DeFi.