Crypto News

European digital bank Revolut has completed a major Polygon integration, making Polygon its primary blockchain for instant USDC, USDT and MATIC transfers across 38 countries. Since December 2024, Revolut users have processed over $690 million in zero-fee stablecoin transactions on Polygon, with Revolut covering gas costs. This MiCA-compliant Polygon integration also offers in-app staking and trading of MATIC without external wallets, fiat on-ramp and off-ramp, and a crypto debit card for everyday spending. Powered by Polygon’s Rio upgrade delivering 5,000 TPS and near-instant finality, the partnership underscores a broader fintech trend as firms like Stripe and Mastercard adopt Polygon for cost-efficient crypto rails. The integration opens seamless on-ramps for Revolut’s 14 million crypto traders and scales blockchain payments for everyday finance.

On-chain analytics firm Glassnode reports that 41.5% of XRP’s circulating supply trades below purchase price—the highest underwater level since November 2024. XRP has fallen 8.8% over the past week and is 39% below its July 2025 peak, trading around $2.22. Analysts warn buyers who entered near $3.65 highs face stop-loss risks and say a rebound above $2.70 is needed to restore confidence. Market sentiment remains fragile as traders await spot XRP ETFs. Canary Capital’s US spot XRP ETF drew $58 million in first-day volume. Franklin Templeton, Bitwise, 21Shares and CoinShares are set to launch similar funds, with investors watching ETF flows for signs of renewed buying pressure.

The White House is reviewing a Treasury rule—called the “Broker Digital Transaction Reporting” proposal—that would grant the IRS access to U.S. taxpayers’ offshore crypto accounts and transactions. Submitted to the Office of Information and Regulatory Affairs in November 2025, the plan aligns U.S. regulations with the OECD’s Crypto-Asset Reporting Framework (CARF) and awaits final approval by presidential advisors. Once adopted, the U.S. would join CARF members such as the U.A.E. and Singapore in exchanging Americans’ foreign crypto transaction data by 2027. Although deemed not economically significant, the rule aims to curb offshore crypto trading, boost tax compliance, level the playing field for domestic digital asset services, and foster market growth. The proposal explicitly exempts DeFi activities from additional reporting burdens.

El Salvador has intensified its Bitcoin accumulation strategy by purchasing an additional 1,090.19 BTC (about $101 million) on top of its daily one-BTC buys. Announced by President Nayib Bukele on X, this brings the nation’s total holdings to 7,474.37 BTC. The buy occurred during a sharp market pullback—Bitcoin briefly dipped below $90,000 and its 200-day moving average, triggering high volatility and liquidations. Technical indicators show BTC testing support between $88,000 and $90,000, with $95,000 as a key resistance level to avoid further downside. Since adopting Bitcoin as legal tender in 2021, El Salvador’s steady accumulation aims to lower average costs, mitigate volatility, and enhance financial autonomy. While the IMF has warned of risks tied to large crypto reserves, sovereign conviction and institutional dip-buying historically mark key accumulation phases ahead of price upswings. Traders should note that El Salvador’s ongoing BTC purchases signal long-term bullish momentum for Bitcoin.

YoungHoon Kim, who claims an IQ of 276, forecasts a Bitcoin price surge to $220,000 within 45 days. This Bitcoin price prediction implies a 130% rally from the current $93,000 level. Kim vows to donate all Bitcoin profits to build churches worldwide. November’s 15% correction left Bitcoin trading between $93k and $96k amid market volatility and choppy ETF flows. Institutional buying and long-term holders still provide liquidity. Other analysts, including Tom Lee and Egrag Crypto, eye $200k–$250k targets by year-end. However, the lack of technical charts and on-chain evidence and multiple resistance levels poses hurdles. A rally of this magnitude would test trader confidence and overall market sentiment.

KuCoin has launched its Australian operations with a new Sydney headquarters, appointing industry veteran James Pinch as Managing Director. Over the next 12 months, the exchange plans to hire specialists in compliance, cybersecurity, operations and product development to reinforce its regulatory alignment, institutional-grade security and liquidity. Crypto has become Australia’s third most-held asset class, with KuCoin serving over 360,000 Australian users. Statista forecasts the local digital asset market will grow 20% to US$1.2 billion by 2026. To boost brand presence and trust, KuCoin has partnered with Masters champion Adam Scott for a national marketing campaign under the slogan “Integrity First.” Scott will showcase branded gear at major tournaments, and KuCoin will sponsor the Australian Crypto Convention. These moves underscore KuCoin’s commitment to long-term growth in Australia’s maturing crypto market.

Fidelity Global Asset Management has launched its first staking-enabled Solana ETF, FSOL, on the NYSE Arca. The fund debuted on November 18 with 23,400 SOL (≈$3.3 million) in seed capital. FSOL provides regulated SOL exposure and captures staking rewards without requiring direct token custody. The Solana ETF uses a multi-custodian model with BitGo, Coinbase and Anchorage Digital. It marks Fidelity’s latest move after spot bitcoin (BTC) and ether (ETH) ETFs, aiming to meet growing institutional demand for Solana. By offering a tradable vehicle, FSOL may boost Solana liquidity and market confidence. The launch coincides with Canary Capital’s Marinade Solana ETF and VanEck’s Solana ETF entries, intensifying competition. Early Solana ETFs like Bitwise’s BSOL have raised over $450 million since October, highlighting strong investor appetite. Traders should watch FSOL’s inflows and staking yields, which could drive SOL price action.

UBS and Ant International have signed an MOU in Singapore to pilot blockchain-based tokenized deposits for instant cross-border payments. The partnership uses UBS Digital Cash, launched in 2024 for institutional real-time liquidity management. Ant International will integrate the solution into its Alipay+ ecosystem. By tokenizing deposit liabilities, corporate treasury teams can settle transfers in minutes, bypassing traditional cut-off times and time zones. Kelvin Li, Global Manager of Platform Technology at Ant International, highlighted blockchain’s potential to transform cross-border payments. Young Jin Yee, Head of UBS Singapore, said the system will enable faster, multi-currency transfers on a private ledger. This project follows industry moves like Franklin Templeton’s integration with the Canton Network. As tokenized deposits gain traction, liquidity management processes become more efficient, transparent and adaptable.

On November 16, the Crypto Fear & Greed Index plunged to 9—the lowest reading since March 2020—before recovering slightly to 12 by November 18. The extreme sentiment reflects a hawkish Federal Reserve delaying rate cuts, a US government shutdown delaying economic data, and spillover from AI stock sell-offs. Spot Bitcoin ETF outflows topped $2.3 billion in November, including $866 million on a single day, while mid-tier whales (10–1,000 BTC) sold roughly 815,000 BTC. In contrast, strategic whales (>10,000 BTC) and institutions, led by MicroStrategy’s 487 BTC purchase, added over 55,700 BTC. Retail wallets (<10 BTC) also accumulated amid the dip. Historically, low readings of the Crypto Fear & Greed Index precede strong 180-day returns. Traders should use the index as a sentiment gauge, avoid panic selling, and apply dollar-cost averaging to capitalize on discounted BTC prices.

Bitcoin spot ETFs suffered record outflows after BTC slipped below its $89,600 flow-weighted average cost basis, pushing many ETF investors into losses. From November 12 to 14, combined Bitcoin ETF outflows reached $1.64 billion, including a single-day high of $866.7 million on November 13. Top redemptions came from BlackRock’s iShares Bitcoin Trust ($145.6 million), Fidelity Wise Origin ($12 million), ARK 21Shares ($29.7 million) and Bitwise ($9.5 million). Ethereum ETFs also saw $182.7 million in redemptions, driven by BlackRock’s iShares Ethereum Trust. In contrast, Solana staking ETFs bucked the trend: Bitwise Solana Staking ETF drew $7.3 million and Grayscale Solana Trust added $0.9 million, bringing total Solana ETF inflows to about $390 million since October. Analysts warn that without clear Federal Reserve easing signals and improved liquidity, ETF losses may persist—even as long-term holders may hold through the correction. Traders await clearer interest-rate and monetary policy cues.

Binance Alpha will list Datagram Network’s native token DGRAM on November 18, 2025, at 16:00 UTC+8 (11:00 AM Turkish Standard Time). The launch features an exclusive DGRAM airdrop: users with at least 245 Alpha Points can claim 3,340 DGRAM tokens on a first-come, first-served basis. Each claim costs 15 points, and participants must confirm receipt within 24 hours. If tokens remain, the points threshold drops by five every five minutes until the pool is exhausted. This DGRAM airdrop initiative is designed to drive early trading activity and boost community engagement on the trial-phase Binance Alpha platform. Datagram Network focuses on decentralized communication and data transmission. The early listing injects new liquidity and trading opportunities for crypto traders.

Binance Futures has confirmed plans to delist XCN/USDT, FLM/USDT and PERP/USDT perpetual contracts. Originally slated for removal on June 21, the delisting has been rescheduled to November 21, 2025. All open positions will be auto-closed at 12:00 UTC, and new orders will be suspended at 11:30 UTC. The decision follows Binance Futures’ routine risk management and product optimization, based on factors such as liquidity, trading volume and user demand. Traders should manually close positions before suspension times to avoid slippage and liquidation risks. Settlement and auto-close processes will be handled securely to ensure a smooth transition. Spot markets for these tokens remain unaffected. The update underscores the importance of active risk management and monitoring exchange policies for altcoin futures.

Emotional crypto investing can undermine disciplined strategies. This guide poses five questions to help traders maintain rational market behavior. 1. ETH conviction: Can you hold ETH long-term amid volatility and growing real-world asset (RWA) tokenization? 2. Altcoin value: Do specific altcoins offer niche use cases despite tough market conditions? 3. DeFi/NFT sustainability: Why hasn’t innovation driven a sustained bull market, and how do application bottlenecks affect liquidity cycles? 4. Binance’s impact: Beyond revenue, do BNB-driven initiatives deliver positive externalities in the crypto ecosystem? 5. Decentralization vs. efficiency: Can corporate efficiency coexist with community-led decentralization, or does true innovation require open protocols? Addressing these points helps crypto traders align strategies with core narratives, reduce emotional crypto investing, and improve decision-making.

MicroStrategy bought 8,178 BTC at an average price of $102,171 per coin between Nov 10–16, investing $835.6 million. The purchase raises its total Bitcoin holdings to 649,870 BTC, with a cost basis of $48.4 billion and an unrealized gain of $13.3 billion. This is the largest acquisition since July 2025. Funding came from perpetual preferred share sales (STRK, STRF, STRC) and a €620 million euro-denominated issue (STRE) under its 42/42 capital plan. Despite trading at a 7% discount to net asset value (mNAV ~0.93), MicroStrategy denied any Bitcoin sell-off rumors. The deal underscores its long-term conviction, tightens market supply, and supports a bullish outlook for Bitcoin.

Franklin Templeton has amended its S-1 and selected Coinbase Custody as asset custodian for its proposed Spot XRP ETF. The $1.6 trillion manager plans to list the Spot XRP ETF on the Cboe BZX Exchange on November 18, pending SEC approval. Coinbase provides prime broker services, CSC Delaware Trust Company oversees trust management, and holdings will track the CME CF XRP–Dollar Reference Rate. The ETF now appears on DTCC’s active list, marking the final stage before SEC clearance. Market watchers expect the Spot XRP ETF to boost XRP liquidity, drive institutional participation, and catalyze price gains, while analysts note recent XRP pullbacks reflect broader market weakness rather than ETF activity.

DappRadar, a leading Web3 and DApp analytics platform, announced it will cease operations, citing financial unsustainability amid a prolonged market downturn, reduced funding opportunities and declining user engagement. The company plans to stop tracking blockchains and dApps in the coming days and will issue guidance on its RADAR token and DAO structure. Following the shutdown notice, the RADAR token plunged over 30% on major exchanges, highlighting challenges for decentralized analytics services in tightening capital markets. Traders should monitor updates on token distribution and platform liquidation, as this shutdown may trigger consolidation in the DApp analytics sector and force a reassessment of risk profiles tied to similar crypto infrastructure projects.

At DevConnect in Buenos Aires, Vitalik Buterin, Yoav Weiss and Marissa Posner unveiled the Trustless Manifesto, a pledge to strengthen Ethereum’s on-chain decentralization and permissionless access. The Trustless Manifesto defines three design laws — no critical secrets, no indispensable intermediaries and no unverifiable outcomes — warning against reliance on centralized RPC endpoints, rollup sequencers and custodial solutions. It draws lessons from the AWS outage that cut Coinbase Base capacity by 25%, contrasting with Arbitrum and Optimism’s multi-cloud resilience. Supporters can sign on-chain to commit to these principles. The manifesto also aligns with Justin Drake’s Lean Ethereum proposal for a minimal, robust network architecture anyone can independently run, with the new @leanEthereum account teasing updates to lighter nodes and consensus. Complementing this, the Ethereum Interop Layer research paper proposes standardizing cross-L2 interactions through ERC-4337 account abstraction, atomic swaps and on-chain vouchers, preserving decentralization without new trust assumptions. For traders, these developments signal ongoing infrastructure improvements that bolster Ethereum’s security, resilience and developer appeal, reinforcing long-term bullish fundamentals.

Phemex, the user-first crypto exchange founded in 2019, celebrates its 6th anniversary with a 66% surge in registered users. In 2025, Phemex upgraded its infrastructure—implementing multi-layer wallet protection, AI-driven monitoring and enhanced disaster recovery—maintaining 99.999% uptime. These improvements drove a 122% year-on-year increase in spot trading and a 26% rise in futures volume. As part of a comprehensive rebrand under the slogan ’For you. For tomorrow.’, Phemex refreshed its visual identity to reflect its commitment to efficiency and transparency. Looking ahead to 2026, Phemex plans further investments in platform security innovation, system scalability, on-chain tools and cross-asset management. CEO Federico Variola says true resilience is engineered, not inherited, underlining the exchange’s focus on institutional-grade reliability and user-driven innovation. Traders can expect enhanced stability, smarter trading features and ongoing growth opportunities on Phemex.

Crypto strategist Tom Lee, executive chair of BitMine, forecasts a 100x "Ethereum supercycle" mirroring Bitcoin’s 2017–2021 rally. He points to Bitcoin’s climb from around $1,000 to over $100,000 despite steep corrections, and sees similar upside for Ethereum. ETH currently trades near $3,150, close to the average cost basis of long-term holders. CryptoQuant data shows 17 million ETH flowed into accumulation addresses this year, boosting long-term wallet balances to 27 million ETH. Dips toward $2,900 present strong entry points. Institutional accumulation is also rising: BitMine holds 3.5 million ETH (2.9% of supply), while firms like BTCS increase ETH allocations, boosting unrealized gains. Despite recent volatility—ETH is down over 35% from its all-time high—Lee argues that enduring pullbacks is essential to capture the next bull run. Traders should monitor Ethereum price patterns, supply constraints, and treasury accumulation as leading indicators for the anticipated supercycle.

After his October 2025 presidential pardon by Donald Trump, Changpeng Zhao dismissed speculation over a $4.3 billion CZ refund in the DOJ settlement. Zhao confirmed he has not requested any refund from the US government but vowed that, should a CZ refund occur, he will reinvest the funds in American blockchain projects. Legal experts emphasize that the $4.3 billion penalty still applies to Binance and remains binding despite the pardon, and rumors of secret crypto payoffs were refuted by Zhao’s defense lead, Teresa Goody Guillén, citing public blockchain traceability. Senator Elizabeth Warren’s criticism of the pardon as “corruption” was denied by Zhao and his team. Traders can expect neutral short-term market impact, while potential reinvestment may bolster long-term confidence and cooperation with US regulators.

BitMEX co-founder Arthur Hayes liquidated nearly $5 million in altcoins as crypto markets hit multi-month lows and saw over $620 million in 24-hour liquidations, including $243.5 million in Bitcoin and $170 million in Ethereum. On-chain data reveals he offloaded ETH, ENA, ETHFI, LDO, AAVE and UNI via institutional OTC desks. Despite the altcoin liquidation, Hayes signalled a bullish stance on Zcash (ZEC), posting a ZEC/BTC chart and increasing his ZEC holdings as the pair climbed from 0.0045 to 0.0068 BTC on higher volume. Traders are eyeing a privacy-coin rotation. Hayes remains optimistic on the broader crypto cycle, forecasting a post-halving peak in late 2025 or early 2026 amid sustained macro spending trends.

Bitcoin spot ETF outflows continued into a third straight week, with $1.22 billion redeemed in the Nov 3–7 period and a further $1.11 billion withdrawn from Nov 10–14. Major sellers included BlackRock’s IBIT ($581 m then $532 m redemptions) and Fidelity’s FBTC ($438 m), while ARK 21Shares Bitcoin ETF was the only fund to log inflows ($21.6 m then $1.68 m). Assets under management in Bitcoin spot ETFs fell from $138.08 billion to $125.34 billion, still about 6.67% of Bitcoin’s market cap, with cumulative inflows total $58.85 billion. Similarly, Ethereum spot ETFs saw $508 million of net outflows in early November, followed by $729 million in mid-Nov, led by BlackRock’s ETHA (total $718 m) and Grayscale’s ETH Trust ($135 m). Total assets dipped from $22.66 billion to $20 billion, roughly 5.42% of Ethereum’s market cap, against $13.13 billion of lifetime inflows. Traders interpret these sustained net outflows in crypto ETFs as bearish sentiment, likely to pressure liquidity and heighten price volatility.

Bitcoin slid to around $93,000 over the weekend, dragging the total crypto market cap from $3.7 trillion to $3.2 trillion. The pullback was driven by whale selling, spot Bitcoin ETF net outflows and delayed rate cuts, alongside rising geopolitical tensions and tightening liquidity. Early-year spot Bitcoin ETFs flipped to net outflows, removing a key source of demand. Industry analysts view this move as a healthy market correction. They note stablecoin volumes are rising, on-chain activity remains robust and developer momentum continues with infrastructure build-outs. Retail funds are rotating between BTC and ETH, while institutional channels have absorbed most selling pressure without mass redemptions. Financial author Robert Kiyosaki links the sell-off to a global cash shortage rather than a loss of conviction. He predicts imminent money printing, which could devalue fiat and boost hard assets like gold, silver, Bitcoin and Ethereum. He plans to hold positions and buy more after stability returns. Overall, traders should see this slump as temporary, with improving fundamentals likely to trigger a rebound.

Deribit and SignalPlus have launched a space-themed crypto trading competition on the SignalPlus platform with a record $450,000 USDC prize pool, running from November 17 to December 22, 2025. Global traders can compete in crypto options and futures via solo or team challenges. Early registrants by November 19 receive three free Deribit options on BTC, ETH, and SOL. The event features multiple missions: deposit missions; daily Solo Sprints awarding up to $350 USDC “Red Packets”; weekly volume leaderboards with tech prizes like iPhone 17 and Starlink Roam; Galactic Alliance team pools; and Team Odysseys offering Alps ski trips. A Pair Strategy Mission lets traders forecast BTC’s trend to double daily rewards up to $1,050 USDC. The Perpetual Battlefield tournament covers trading costs, allocates a $30,000 USDC pool, and crowns a “King of Perpetuals.” Top performers compete for high-value prizes including a Unitree R1 humanoid robot, a Bayliner Deck Boat, and a world trip. This crypto trading competition aims to boost derivatives volume and engagement by rewarding trading activity, deposits, and referrals across all levels.

The OZ token presale has entered Phase 7 at $0.014, raising $4.6 million from over 1 billion tokens sold. Early backers are up 14× on their $0.001 entry. Analysts forecast a $1 listing price—potentially 7,042% gains—and project a surge to $2.80 by 2026 for up to 200× returns. They note the price consolidation mirrors Solana’s 2021 breakout patterns. Ozak AI’s platform leverages its Streaming Network (OSN) and DePIN infrastructure for AI-powered arbitrage and real-time market forecasts. It offers 24/7 customizable Prediction Agents and secure Data Vaults. The OZ token presale benefits from cross-chain compatibility and security audits by Sherlock and CertiK. Strategic partnerships with Meganet, SINT, DEX3 and Phala Network strengthen decentralized computing and safe AI forecasts. Combined with strong developer engagement and early momentum, this OZ token presale news is seen as a bullish signal for traders.

Ethereum price slipped under $3,100 to around $3,093, marking its lowest level since early November amid broader market weakness. Spot Ethereum ETFs recorded outflows equal to about 7% of cost-basis capital over the past 24 hours, compared to 4% for Bitcoin ETFs, signaling waning investor confidence. Analyst Timothy Peterson at Cane Island notes that growing risk aversion toward Ethereum versus Bitcoin could intensify selling pressure. The breach of key technical support at $3,100 may exacerbate losses. Traders will monitor whether ETF outflows persist and if Ethereum can reclaim the $3,100 level to assess sentiment shifts and potential market stability.

Bitwise CEO Hunter Horsley says crypto fundamentals have never been stronger despite a six-month bear market, arguing that the traditional four-year cycle has ended and a mature market structure now drives trading. He credits US pro-crypto regulation and the launch of Bitcoin ETFs for new participants and stronger market dynamics. This contrasts with extreme investor fear—Crypto Fear & Greed Index at 16—and Bitcoin’s recent low of $94,590, with analysts warning of further drops toward $86,000. Market educator Robert Kiyosaki cites constrained liquidity and predicts crypto rallies once governments expand money supply. Although the Fed has begun rate cuts, only 44% of traders expect another cut in December, suggesting liquidity may remain tight. Traders should weigh Horsley’s bullish long-term outlook against current fear-driven sentiment and liquidity constraints, as crypto fundamentals underpin a prospective market turnaround.

SoFi secured a US national bank charter in January 2022 from the OCC and Federal Reserve. It became the first SoFi crypto bank to absorb low-cost retail deposits. Funding costs dropped by up to 5 percentage points. Deposits grew from $1.2 billion in Q1 2022 to $21.6 billion by end-2024. After a three-year pause, SoFi relaunched Bitcoin (BTC) and Ethereum (ETH) trading on November 11, 2025. It now offers savings, loans, investments and crypto trading in one platform. Plans include issuing a fully reserved USD stablecoin in 2026 and adding blockchain tools to its services. This surge in services and regulatory clarity drove SoFi crypto bank’s stock up 116% YTD to a $38.9 billion market cap. Traders see it as a model for regulated crypto banking. The development highlights mainstream adoption and institutional support.

OKX co-founder Star Xu has offered a 10 BTC bounty to anyone who can prove a hidden backdoor in the OKX Wallet, responding to allegations that the software exposes private keys and funds. The claim, first made by a OneKey security researcher, prompted Xu to invite experts to audit the open-source wallet code, reinforcing OKX’s security and transparency commitments. The bounty launch aligns with OKX’s CeDeFi rollout, which adds in-app DEX trading on Solana, Base and X Layer networks with zero gas fees and a centralized order book. OKX Wallet now supports login via Google, Apple and proprietary authentication, and the platform has addressed unverified scam rumors in its X Layer ecosystem. Despite past user complaints over account freezes and OKB token buyback transparency, OKX maintains a 10/10 rating on CoinGecko, processes $1.5 billion in daily trades, serves 60 million users and holds $35 billion in reserves including BTC, XRP and USDT. OKB trades near $115, down 55% from recent highs; traders will watch if it can reclaim $120 support while awaiting results of an independent security audit. The 10 BTC bounty underscores OKX’s confidence in its wallet security and its readiness to meet any backdoor claims head-on.