CryptosNewss

The crypto market is facing renewed instability after crypto exchange FTX filed for bankruptcy, triggering widespread concern across centralized trading platforms. At the same time, Ethereum founder Vitalik Buterin confirmed a major protocol upgrade scheduled for December 2023, which aims to improve scalability and strengthen network security.
The simultaneous collapse of a major exchange and the announcement of an important Ethereum update has amplified volatility across the market, with traders re-evaluating risk and long-term expectations.
Ethereum’s December Upgrade Aims to Improve Scalability
Vitalik Buterin announced that Ethereum’s next upgrade will focus on enhancing scalability and security efficiency, addressing ongoing congestion and performance issues. Industry analysts expect the change to significantly improve the network's capabilities, potentially impacting multiple DeFi and Web3 sectors.
If successful, the upgrade may support Ethereum’s long-term goal of scaling global decentralized applications without compromising security.
Bitcoin Price Reacts to Market Stress
According to CoinMarketCap, Bitcoin is currently priced at $89,319.88 with a global market capitalization of $1.78 trillion. BTC declined 3.32% in the past 24 hours, extending its 90-day loss to 19.22%, while its fully diluted market cap sits at $1.87 trillion. Daily trading volume has surged to $62.68 billion, reflecting heightened uncertainty across major exchanges following the FTX collapse.
Regulators Scrutinize FTX’s Activities
The U.S. SEC and CFTC have already begun reviewing FTX’s operations for potential regulatory breaches. Rising calls for stronger oversight have emerged from industry leaders, who argue that investor protection must be prioritized to restore market stability.
Jane Smith, Lead Analyst at Market Insights, commented,“The recent downturn indicates a broader correction, and it’s essential for investors to reassess risk management strategies.”
Withdrawals Surge as Trust in Centralized Exchanges Declines
Following the bankruptcy announcement, several crypto exchanges reported increased withdrawal activity as users attempted to secure their assets. The resignation of Samuel Bankman-Fried, former CEO of FTX, has added further uncertainty. Stakeholders are now awaiting clear updates regarding the platform’s restructuring process and future operations.
The combination of FTX’s collapse and Ethereum’s upcoming upgrade is expected to shape near-term sentiment, potentially influencing both regulatory discussions and the direction of the broader crypto market.
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#FTX #bitcoin #Ethereum $FTT $BTC $ETH

Bitcoin is under renewed selling pressure after sliding more than 5% from recent highs, pushing the cryptocurrency below the key $90,000 level. The drop has forced BTC to retest a crucial support area, leaving traders uncertain whether a rebound is near or a deeper correction is looming.
The cryptocurrency briefly fell to the $88,000 zone on Friday after losing its grip on the recently reclaimed $90,000 barrier. The decline marks another setback for Bitcoin’s recovery from the November market correction, which dragged the price down to a seven-month low of $80,600.
Over the past two weeks, Bitcoin has largely traded within a macro re-accumulation range between $82,000 and $93,500. The asset attempted a breakout earlier this week, reaching a multi-week high of $94,150. However, momentum faded, and BTC slipped below its monthly open, returning to the lower end of the local range.
Analysts Expect a Critical Bounce at $88K–$89K
Analyst Ted Pillows highlighted that Bitcoin has repeatedly failed to reclaim the $94,000 resistance, stating that price action “wants to go lower here before another breakout attempt.” He believes a rebound from the $88,000–$89,000 support range remains probable.
Crypto analyst Altcoin Sherpa echoed similar concerns, suggesting the current retest will determine whether the recent rally was simply forming lower highs or if Bitcoin still has the strength to climb toward the $100,000 area. He outlined two possible scenarios:• BTC rebounds into the $93,000–$94,000 resistance zone, or• Bitcoin continues to consolidate beneath resistance before sliding toward November’s lows.
Pullbacks Are Becoming Shallower, Says Rekt Capital
Analyst Rekt Capital noted that Bitcoin continues to face rejection at the upper boundary of the range, but emphasized that investors should watch whether each rejection becomes shallower. If the pullback remains milder than previous ones, the resistance barrier may weaken over time, increasing the likelihood of an eventual breakout.
He also pointed out that the macro downtrend continues to serve as a major structural resistance that Bitcoin must ultimately break. As long as BTC closes the week above the range lows, its larger consolidation structure remains intact.
Even a dip into the ascending two-week support level or a move toward $86,000 could still qualify as a “shallower correction” compared to prior declines, maintaining the broader pattern.
At the time of writing, Bitcoin trades at $89,400, down 2.9% over the past 24 hours.
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Bitcoin continues to hold its strength as bulls maintain firm control above the crucial $92,500 level. After a fresh upward move, BTC is now consolidating near the $93,000 region, positioning itself for a potential breakout that could define short-term market direction.
The latest rally pushed Bitcoin above $90,500 and $91,500, eventually reaching a local high at $94,050, according to market data from Kraken. Despite a brief dip, BTC remains comfortably above $92,000 and the 100 hourly Simple Moving Average, signaling continued bullish interest.
Technical charts show that Bitcoin slipped below a rising trend line at $93,000, but bulls quickly absorbed the selling pressure. The price also tested the 23.6% Fibonacci retracement level, drawn from the $83,870 low to the $94,050 high, and held above key support levels.
Key Resistance Levels to Watch
Immediate resistance stands at $92,800, followed by a critical ceiling at $93,000. If buyers reclaim and hold this level, the next major target is $94,000. A close above $94,000 may trigger a strong bullish continuation toward $95,000 and possibly $95,500. Further upside could test the higher resistance zones between $96,200 and $96,450.
Downside Risk Still in Play
If BTC fails to surpass the $94,000 resistance, a pullback may occur. Immediate support lies at $91,650, with stronger support at $90,500. A deeper decline could drag Bitcoin toward $88,950, which aligns with the 50% Fibonacci retracement of the latest rally. If sellers manage to push BTC below $87,200, the market may face accelerated downside pressure.
Technical Indicators
• MACD: Bullish momentum is weakening, signaling potential consolidation.• RSI: Hovering below 50, indicating reduced buying strength in the short term.
Market participants are closely monitoring whether Bitcoin can break through its overhead resistance or if the current consolidation will lead to renewed downside pressure. With volatility expected, traders anticipate an eventful week for BTC price action.
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#BTCVSGOLD #BTC86kJPShock $BTC

Solana’s native token SOL remains under pressure after dropping nearly 6 percent and failing to break above the $147 resistance level on Thursday. The rejection came as investors reacted cautiously to weak U.S. labor market data and deteriorating consumer sentiment, triggering renewed risk aversion across the crypto sector.
Traders now express concerns that Solana may take longer than expected to revisit the $200 price range, especially following two months of forced liquidations that wiped out leveraged positions. Alongside this, onchain activity across the Solana ecosystem continues to decline.
Network Activity Weakens as TVL Drops
Solana’s total value locked (TVL) has fallen sharply to $10.8 billion, down from $13.3 billion in September. Major Solana-based protocols, including Kamino, Jupiter, Jito and Drift, all recorded deposit decreases exceeding 20 percent. Trading activity on Solana’s decentralized exchanges has also weakened, reinforcing a downward shift in network participation.
Despite the decline, Solana remains the second-largest blockchain by TVL, trailing behind Ethereum’s $73.2 billion. Ethereum’s momentum has been further supported by its layer-2 networks such as Base, Arbitrum and Polygon. The recent Fusaka upgrade, which enhanced scalability and wallet operations, has reduced pressure for users to migrate liquidity to competing chains like Solana.
Solana DEX volumes fell to $19.2 billion in the seven days ending Nov. 30, representing a 40 percent drop from four weeks earlier. The slowdown has raised concerns that weaker activity may create a feedback loop, reducing demand for SOL and encouraging traders to explore emerging ecosystems. For example, the new layer-1 blockchain Monad recorded $1.2 billion in DEX volume during its launch week.
Macro Pressure Adds to Bearish Sentiment
SOL sentiment was further affected by a report from Challenger, Gray & Christmas, which recorded 71,321 corporate layoffs in November, a level seen only twice since 2008. Additional stress came from tightening consumer credit conditions, with multiple U.S. State Attorneys General demanding information from “Buy Now, Pay Later” firms over repayment risks.
A PayPal study added to concerns, highlighting that nearly half of U.S. shoppers may rely on personal loans during the holiday season.
ETF Competition Intensifies
Demand for leveraged SOL futures remains muted, with the annualized funding rate sitting at 4 percent, below the neutral 6 percent benchmark. CoinShares data shows strong capital inflows—over $1.06 billion—into Bitcoin, Ethereum, and XRP exchange-traded products. Meanwhile, institutional interest in Solana ETPs remains comparatively low.
Recent approvals of XRP, Litecoin, and Dogecoin spot ETFs have intensified competition for institutional flows, and several Solana rivals are expected to receive ETF approvals soon.
The broader market environment has also reduced the likelihood of listed companies increasing their SOL reserves. Forward Industries (FWDI US), which holds 6.91 million SOL, now values those holdings below the initial investment, discouraging any share issuance that could dilute existing stakeholders.
What Could Push SOL Back Toward $200?
Solana’s path to reclaiming higher price levels depends significantly on macroeconomic stabilization. Analysts note that governments may introduce stimulus measures if economic pressure escalates, potentially reigniting investor appetite and sparking a broader altcoin recovery.
Until then, SOL remains capped under $140, facing challenges from declining network activity, shifting ETP trends and a cautious macro backdrop.
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#solana #sol $SOL

Binance founder Changpeng Zhao has once again stirred discussions in the crypto community after social media posts linked him to a new prediction market project called predict.fun, a platform reportedly built on the BNB Chain and incubated by YZi Labs. Although CZ’s original post could not be independently verified, industry observers say the connection has sparked curiosity about the project’s potential role in the expanding BNB ecosystem.
According to early information, predict.fun aims to create a more efficient prediction market by leveraging user funds to generate returns rather than leaving them idle. This model, if confirmed, could attract fresh utility and liquidity to the BNB Chain at a time when decentralized applications are competing aggressively for user attention.
The project is also linked to former Binance talent, adding further credibility and raising expectations. Despite that, the community remains cautious as no official Binance or BNB Chain endorsement has been issued.
CZ’s strategic involvement continues to influence market sentiment even after stepping down as Binance CEO in November 2023. His guiding philosophy, “We should always be ready to adapt; the crypto market is constantly changing,” remains widely cited among industry participants.
BNB Market Performance and Volatility
Market data from CoinMarketCap shows BNB trading at $925.17, with a market cap of $127.43 billion and a dominance of 4.00 percent. While BNB has recorded a 4.79 percent price increase over the last 24 hours, it has also seen a 7.09 percent decline over the past 30 days, reinforcing ongoing concerns about volatility.
Some analysts believe that if predict.fun gains traction, it could support a boost in network activity on the BNB Chain. However, others warn that any impact remains speculative until official confirmations and detailed documentation are released.
With the platform still at an early stage and the market awaiting clearer signals, stakeholders are watching closely to see whether predict.fun becomes a meaningful addition to the BNB ecosystem or remains another speculative concept tied to CZ’s influence.
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#BNBChain $BNB

Solana Mobile has officially confirmed that its long anticipated native token, SKR, will launch at the start of 2026. The token will serve as the core governance asset for the company’s mobile ecosystem built around its latest smartphone model, the Seeker. The announcement was made on Wednesday through an official post on X.
According to Solana Mobile, SKR will carry a total supply of 10 billion tokens. The company allocated 30 percent of the supply for airdrops, 25 percent for growth and partnerships, 10 percent for liquidity, 10 percent for the community treasury, 15 percent for Solana Mobile and 10 percent for Solana Labs, the parent entity behind the mobile division.
The Seeker smartphone, which comes preloaded with Solana based applications and crypto native features, will integrate SKR as a tool that gives users ownership in the platform. Earlier in May, Solana Mobile stated that SKR will include linear inflation to incentivize early participants who stake the token. More details will be shared at the upcoming Solana Breakpoint Conference scheduled for December 11 to 13.
Strengthening the Solana Mobile Ecosystem
One of the primary goals of the SKR token is to support the ecosystem around the Seeker device. Solana Mobile highlighted the importance of its decentralized application store, which currently hosts more than 100 Solana based DApps as it looks to expand utility beyond the early Saga era, when the device was seen mostly as a rewards driven product.
Solana Mobile also introduced a new system called guardians. These guardians will play a central role in validating trust across the mobile ecosystem. At launch, users will be able to stake SKR to guardians in order to earn rewards and contribute to securing the network of devices and applications.
Solana Mobile will act as the first guardian, with several others joining later in 2026, including Helius Labs, Double Zero and Triton One. Guardians will be responsible for verifying device authenticity, reviewing decentralized application submissions and enforcing community standards to safeguard the ecosystem.
In its announcement, Solana Mobile wrote that SKR will act as a growth and coordination mechanism. As the ecosystem expands, the company said SKR will ensure that value flows back to the community, powering the platform.
Market Reaction
The announcement of the SKR token coincided with a noticeable increase in Solana’s market performance. Prior to the update, Solana traded near 140 dollars. Following the news, the price rose to 145.68 dollars, reflecting a 5.4 percent increase over the last 24 hours.
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#SolanaMobile #solana $SOL

Grayscale officially launched the Grayscale Chainlink Trust ETF, also known as GLNK, on the NYSE Arca on Tuesday, marking the first spot Chainlink ETF to enter the U.S. market. The product transitioned from a private trust to a fully listed ETF following an amended S-1 filing submitted last month.
The newly listed ETF holds Chainlink’s native token, LINK, as its sole asset, offering traditional investors direct exposure to the Chainlink oracle network. A Grayscale representative told Decrypt that Chainlink was a natural choice due to the firm’s longstanding support of the network and the trust’s operation as a private fund since 2021.
A Milestone for Blockchain Oracle Exposure
According to Grayscale, GLNK makes the company the first asset manager to offer ETF access to blockchain oracle infrastructure. The spokesperson explained that the ETF will help investors engage more directly with Chainlink’s critical technology layer, which connects smart contracts to real-world data and off-chain computation.
The GLNK prospectus describes Chainlink as infrastructure that synchronizes on-chain and off-chain information, enabling a wide range of smart contract use cases across multiple blockchains.
Follows Grayscale’s DOGE and XRP ETF Conversion Path
The Chainlink ETF launch followed a similar conversion route used in Grayscale’s DOGE and XRP ETFs, which also began trading on NYSE Arca after clearing SEC procedures. The cash-only creation and redemption model used in these products requires authorized participants to manage more of the transaction process themselves, often leading to wider price spreads during early trading.
According to Grayscale, the SEC’s updated listing standards approved in September were key to enabling the GLNK launch. The firm noted that it was able to rely on a filing pathway outlined by the SEC at the onset of the government shutdown. That triggered 20 days after which the registration became automatically effective.
Strong First Day Trading Activity
Early trading showed strong investor interest. By midday Tuesday in New York, Grayscale reported very positive volume, which ultimately reached 1.17 million shares on launch day. This significantly exceeded the ETF’s average 42000 share volume and indicated strong price discovery as GLNK transitioned from OTC markets to NYSE Arca.
GLNK closed its first trading day at 11.89 dollars, marking a 5.8 percent increase. After-hours trading pushed the price to around 12 dollars, based on Yahoo Finance data.
Grayscale said it has observed enthusiasm from a wide range of investors, with secondary market activity reflecting this sentiment.
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#Grayscale #Chainlink #SEC $LINK

Bitcoin continued to show weakness as its long-standing four-year parabola curve finally cracked. At press time, BTC traded near 86000 dollars with market dominance at 58 percent, pushing its total valuation below 2 trillion dollars. Despite bearish pressure, veteran analyst and Market Wizard author Peter Brandt believes the next bull cycle may still reach the 200000 to 250000 dollar range.
Cycle Multiples Show Shrinking Yet Predictable Patterns
Brandt noted that Bitcoin has consistently followed a historical pattern where each four-year cycle hits a new all-time high, followed by retracement phases exceeding 75 percent. According to him, traders must accept the cyclical decay that Bitcoin has shown and its repeated alignment with long-term patterns.
He warned that Bitcoin could continue falling in the short term, as low as 50000 dollars. However, he highlighted that if BTC revisits this level, the reaction could be explosive and may fuel the next major bull market.
Brandt stated,“Agree with it or not, you will have to deal with it. Should the current decline carry to 50k, the next bull market cycle should carry to 200k to 250k.”
Since Bitcoin’s inception, at least five similar parabolic cycle breaks have played out, each shaping long-term market direction.
Bear Trend Weakens as Miners Capitulate
The recent break of the parabola curve hinted at extended bear conditions. Yet, several indicators suggest that bearish strength is weakening. The ADX, a tool used to measure trend strength, has been dropping, signaling the bear trend is losing momentum.
On-chain activity highlighted miners capitulating. A miner’s wallet recently moved 50 BTC earned more than 15 years ago, worth 4.33 million dollars. Such movements often coincide with cycle bottoms and major trend shifts.
Brandt had previously warned that losing the parabola curve would deepen bear market conditions. This miner activity aligns with signals seen during prior cycle resets.
Bitcoin Discussions Surge on Social Platforms
Despite the price drop, social chatter around Bitcoin has surged. Data from Santiment showed rising discussions on Bitcoin, MicroStrategy, Tether, Dent, Chainlink, and Polkadot. Historically, increased discourse during market downturns often correlates with capitulation phases and long term accumulation opportunities.
Short Term Outlook Suggests Support Near 80000 Dollars
Technically, BTC is forming support near 80000 dollars. A failure to hold this area could open the path toward 50000 dollars, completing the bearish scenario described by Brandt. A breakdown below 75000 dollars strengthens bearish odds.
However, traders view this discount zone as an attractive long opportunity. If Bitcoin manages to stabilize above 80000 dollars and reclaim momentum, the probability of a long term bullish reversal remains intact.
While threats of a deeper drop exist, the long term analysis still supports the possibility of Bitcoin reaching 200000 to 250000 dollars in the next cycle.
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#BTCRebound90kNext? #PeterBrandt $BTC

Bitcoin is attempting a recovery after a sharp decline that pushed the price below multiple support levels, but reclaiming the upside may prove difficult as strong resistance awaits near $88,000.
BTC dropped firmly below $90,000 earlier this week, losing important momentum and slipping under the $88,500 and $88,000 zones. Sellers tightened their control and even forced a move below $86,500, with Bitcoin forming a local low at $83,870. The move marked one of the deepest intraday corrections the market has seen in recent sessions.
Following the decline, Bitcoin began a gradual recovery. The price moved above $85,000, clearing the 23.6 percent Fibonacci retracement level of the drop from the $91,928 swing high to the $83,870 low. A short-term bearish trend line was also broken at $86,000, offering temporary relief to bulls.
Despite this bounce, BTC still trades below $88,000 and remains under the 100-hour Simple Moving Average, signaling that upside pressure remains limited.
Resistance Levels That Could Slow Bitcoin’s Comeback
Immediate resistance stands near $87,250, followed by a stronger barrier at $88,000, which also aligns with the 50 percent Fib retracement level of the recent decline.
A decisive break above $88,500 could allow Bitcoin to attempt a move toward the $90,000 resistance. Sustained buying above this region may trigger a rally toward $91,500, and possibly $92,000 to $92,500 if market sentiment shifts.
However, analysts caution that reclaiming these levels may be difficult unless Bitcoin sees a strong surge in volume.
What Happens If Bitcoin Reverses Again?
If BTC fails to break above $88,000, the market risks another downward push.Key support zones include:
• $85,500 – Immediate support• $85,000 – First major support• $83,500 – Secondary critical level• $82,500 – Near-term downside target• $81,200 – Main support before potential acceleration lower
A break below $81,200 could trigger a deeper correction and stronger bearish momentum.
Technical Indicators
• Hourly MACD – Losing pace in the bearish zone, suggesting weakening downward pressure.• Hourly RSI – Now above 50, indicating temporary strength but no confirmed bullish reversal.
BTC continues to navigate a mid-range consolidation, with bulls attempting to stabilize price action while bears maintain resistance at every upward move.
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#BTC86kJPShock #BTCRebound90kNext? $BTC

Tether CEO Paolo Ardoino has pushed back strongly against S&P Global following its decision to downgrade USDT’s dollar-peg stability. He argued that the rating—lowered from level 4 (“constrained”) to 5 (“weak”)—relied on what he described as outdated legacy models, incomplete data, and an inaccurate representation of Tether’s financial position.
S&P’s downgrade, issued on November 26, placed USDT at the bottom of its 1–5 rating scale. The agency pointed to what it classified as “high-risk assets” in Tether’s reserve composition, including Bitcoin, gold, corporate bonds, secured loans, and other assets carrying credit or market risk. It also noted rising exposure outside traditional money-market holdings.
The move surprised much of the industry, given USDT’s long history of maintaining its peg during volatile market cycles and serving as the most widely used settlement asset across global crypto exchanges.
Ardoino Argues S&P Ignored Core Reserves, Equity, and Revenue Strength
In response, Ardoino dismissed the report as incomplete, stating that S&P failed to account for the full asset structure of Tether Group, including substantial equity and long-term buffers.
According to Ardoino, Tether held at the end of Q3 2025:• Approximately $184.5 billion in stablecoin reserves• Around $23 billion in retained earnings• Roughly $7 billion in excess equity• An additional $7 billion in secondary reserve buffers
He claimed that these numbers demonstrate Tether is over-collateralized, not under-secured, and that critics continue to rely on outdated narratives about insufficient backing.
Ardoino also highlighted Tether’s powerful revenue engine. With significant exposure to U.S. Treasuries, the company is earning around $500 million per month from government debt yield alone—a figure that has grown in tandem with its holdings of short-term U.S. securities.
He argued that this recurring income was largely overlooked in S&P’s assessment, despite being central to Tether’s growing financial strength.
Critics Renew Concerns Over Asset Allocation
The downgrade reignited debate among analysts who have long scrutinized Tether’s non-traditional reserve components.
Arthur Hayes, former BitMEX CEO, hinted that Tether may be accumulating more gold and Bitcoin. He warned that a steep decline—30 percent or more—in these assets could materially impact the company’s equity and potentially expose USDT to stress conditions.
However, other experts countered the bearish outlook.Joseph Ayoub, former top digital asset analyst at Citi, stated that after years of studying Tether, he believes the company remains significantly stronger than its critics suggest. He emphasized that:
• Tether’s reserves exceed its liabilities• Large portions of its equity are not included in public snapshots• The company generates billions in interest income with fewer than 150 employees• USDT is better collateralized than most traditional banks
Ayoub’s view highlights a split in analyst sentiment—between those concerned about Tether’s diversification into riskier assets and those confident in the company’s balance-sheet structure.
Market Implications
USDT remains the dominant stablecoin globally, underpinning billions in daily trading volume across exchanges. Any shift in confidence—even if temporary—can influence liquidity, trading spreads, and broader market sentiment.
As of now, Tether maintains that its reserves, equity position, and revenue output place it on solid financial footing, despite S&P’s downgrade.
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#USDT #Tether $USDT

Bitcoin’s decline intensified today as sellers fully reclaimed market control, wiping out recent gains and pushing BTC below the crucial $88,000 level. According to market data reviewed by CryptosNewss, the world’s largest cryptocurrency has dropped over 5 percent within hours, signaling renewed bearish pressure across the market.
The correction began shortly after Bitcoin failed to sustain momentum above the $92,000 resistance zone. This triggered a sharp fall below $90,500 and $90,000, with BTC breaking a key bullish trend line at $89,500 on the hourly chart of the BTC/USD pair, based on Kraken data.
A fresh low formed at $86,500, where the price is now consolidating. BTC is trading well below both the $90,000 mark and the 100-hourly Simple Moving Average, reinforcing bearish sentiment.
Key Resistance Zones Ahead
Bitcoin must break above $87,850 to attempt any recovery. The next significant resistance lies at $89,200, aligning with the 50 percent Fib retracement of the fall from $91,928 to $86,500.
If BTC successfully closes above $89,500, buyers may attempt to retest $90,650, followed by $91,500, and eventually the $92,000–$92,500 barrier.
Deeper Losses Likely if Support Fails
If Bitcoin fails to reclaim $87,800, analysts warn of another leg downward.Key support levels include:
$86,500 – Immediate support$86,000 – First major support$85,500 – Next critical level$83,500 – Potential short-term downside target$82,200 – Major support, beneath which sharper declines may accelerate
Technical indicators confirm bearish pressure:
MACD shows increasing momentum in the downside zoneRSI remains below 50, signaling weak buyer strength
Market volatility is expected to persist as traders react to global macro pressures and fading bullish momentum.
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#BTCRebound90kNext? #bitcoin $BTC

Chainlink’s LINK token is showing renewed strength as the Chainlink Strategic Reserve continues its steady accumulation, purchasing $1.18 million worth of LINK in the last 24 hours.The acquisition comes during a highly volatile quarter where the broader crypto market has faced major losses and widespread sell-offs.
The Chainlink Strategic Reserve, launched on August 7, 2025, was created to channel enterprise demand directly into LINK and maintain long-term liquidity for ecosystem growth. Despite the recent downturn, the Reserve has maintained an aggressive accumulation strategy.
LINK Reserve Shrinks to $4B — But Accumulation Remains Strong
Over the past two months, Chainlink Reserve valuations fell sharply from $8.1 billion to $4 billion due to the broader market collapse.However, instead of retreating, the entity doubled down on its mission.
$1.18M in LINK purchased in the last 24 hours170,300 LINK worth $2.2M accumulated over the past week
This sustained buying pressure suggests high institutional confidence, even during deep corrections.It also reduces LINK’s circulating supply, easing potential sell pressure and positioning the token for future upside.
Organic Demand Surges, Market Data Shows Buyer Dominance
According to on-chain data from CryptoQuant, LINK buyers have been in control for the past six days.
The Spot Taker CVD metric shows strong buyer dominance, meaning traders are willingly paying the asking price to enter long positions. This represents true organic demand, not leveraged speculation.
Spot data also reinforces the trend:
Spot Netflow: -$578K, indicating tokens leaving exchangesPrevious day: - $2.88M, signaling heavy accumulation
Negative netflows typically indicate long-term holders withdrawing tokens from exchanges, a strong bullish signal.
LINK Price Outlook: Can It Hit $15 Next?
LINK has been trading inside a mini ascending channel after bouncing from the $11 level last week.The token reached $13.5 and currently trades around $13.4, up 0.46% daily and 11.3% weekly, reflecting bullish momentum.
The Stochastic RSI, however, is at 97, indicating overbought conditions. While this confirms strong buyer control, it also warns of potential volatility.
Bullish Scenario
If buyer momentum continues:
LINK could break $15Next major target: $16.1
Bearish Scenario
If sellers re-enter:
Parabolic SAR support at $11.94Possible short-term correction due to overbought RSI
For now, the combination of aggressive Reserve accumulation, strong market demand, and sustained on-chain inflows positions LINK for a potential breakout.
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#Chainlink #LINK $LINK

Arthur Hayes, co-founder of BitMEX, is holding firmly to his extreme prediction that Bitcoin could still hit $200,000–$250,000 by the end of 2025.Speaking on the Milk Road Show on November 26, he argued that the recent crash to $80,000 marked the cycle bottom and confirmed that the macro liquidity outlook is now shifting in Bitcoin’s favor.
Despite the volatility seen through October and November, Hayes said he remains fully confident in his long-term target.“I’m going to stick with it,” he said. “If I’m wrong it doesn’t matter… I’m long, I’m still happy either way.”
Hayes Says $80K Was the “True Bottom” After Liquidity Shock
Hayes explained that the entire drop from Bitcoin’s $125,000 peak to the $80,000 low was simply a reaction to a global liquidity squeeze rather than a structural bear market.
He pointed to his dollar liquidity index, based on Bloomberg data, showing about $1 trillion drained from money markets since July.This liquidity drain stemmed from:
The U.S. Treasury is rebuilding its cash reservesThe Federal Reserve is maintaining quantitative tighteningDeclines in institutional flows mask overall tightness
According to Hayes, Bitcoin initially ignored these signals because ETF inflows and Digital Asset Treasury (DAT) issuances temporarily offset the liquidity crunch. Once those flows reversed, Bitcoin corrected sharply to align with real monetary conditions.
ETF Flows Were Misread — “It Was Just a Basis Trade”
Hayes warned that retail traders misinterpreted ETF inflows as a sign of bullish institutional conviction.
He revealed that major IBIT ETF holders—including Brevan Howard, Goldman Sachs, Millennium, Jane Street, and Avenue—were not long-term spot buyers, but basis traders profiting from a spread between ETF shares and futures contracts.
“They buy the ETF, pledge it, short futures and earn 7 to 10 percent annually,” Hayes said.When funding rates fell in September and October, these traders unwound the strategy, causing ETF outflows that retail incorrectly viewed as institutional dumping.
Digital Asset Treasuries Also Lost Their Edge
DAT companies, which issue stock and debt to buy Bitcoin when trading at a premium to NAV, also contributed to the downward pressure.As their valuations fell back to par or discount, they could no longer issue new securities profitably — and in some cases had incentives to sell Bitcoin and repurchase their own shares.
Hayes argued that these combined unwinds simply reflected the tightening liquidity cycle, not a fundamental shift in Bitcoin’s long-term outlook.
Why Bitcoin Is Stuck Around $90K
When asked why Bitcoin remains range-bound near $90,000, Hayes said markets are waiting for real confirmation that the new U.S. administration will unleash another wave of liquidity.
He highlighted that discussions of:
aggressive bank lendinga new industrial stimulus strategya potential shift in Federal Reserve leadership
are still political promises rather than implemented programs.
Markets need clarity on how the next “$10 trillion” in liquidity will be deployed, Hayes said.Once tangible policy actions begin, he expects Bitcoin to accelerate sharply.
“We have essentially bottomed on the liquidity chart,” Hayes concluded. “The direction from here is higher.”
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#ArthurHayes $BTC

Upbit, South Korea’s largest crypto exchange, has confirmed a major security breach leading to the theft of nearly 44.5 billion won, or roughly $30 million in digital assets.According to early investigations, the attack is suspected to be tied to the North Korea–linked Lazarus Group, raising new concerns about state-sponsored cyber threats targeting major exchanges.
The incident, reported by CryptosNewss, occurred due to unauthorized access to an administrator account, not a server-level hack. This distinction highlights persistent vulnerabilities in internal security frameworks across centralized exchanges.
Lazarus Group Suspected in $30M Upbit Theft
Upbit revealed that more than 20 different token types were stolen, including Solana (SOL), USDC, and several memecoins. Among them, Solana formed the largest portion of the loss.
Upbit CEO Oh Kyung-seok, who leads Dunamu, the parent company, reassured users that all losses will be fully covered.He stated:
“Upbit will cover the entire amount to ensure that no damage is incurred to your assets.”
Authorities in South Korea, along with cybersecurity agencies, have initiated a formal investigation. With past operations tied to the Lazarus Group, officials believe this attack may be part of the group’s continuous targeting of crypto infrastructure for financial gain.
Exchange Response: Compensation and Security Reinforcement
Following the breach, Upbit has temporarily tightened withdrawal and administrative controls. The exchange has also launched enhanced audits on its internal security systems, particularly on privileged access permissions.
Current market data paints a challenging picture. Solana (SOL) trades at $139.15, with a -3.20% drop in 24 hours and a -28.53% decline over the last 30 days, according to CoinMarketCap. The stolen tokens’ volatility adds complexity to valuation and recovery processes.
Industry Impact: Rising Threats and Regulatory Pressure
Cybersecurity analysts warn that centralized exchanges remain prime targets, especially for well-funded groups like Lazarus.Experts expect increased regulatory scrutiny, with stronger compliance requirements around admin-level authentication and internal audits.
A recent analysis by The CryptosNewss suggests that future exchange approvals may require stricter cybersecurity certifications as global threats continue to escalate.
As the investigation widens, Upbit aims to restore full trust by compensating users and strengthening system protections — a crucial step during a period of heightened digital asset risk.
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#Upbit

Justin Sun has intensified his global campaign to recover the missing $456 million in TUSD reserves, following a major legal breakthrough secured through the Dubai International Financial Centre (DIFC) Court. In a Hong Kong media briefing titled “Truth Unveiled, Justice Revealed,” Sun announced that the case has now entered a more aggressive enforcement phase.
The DIFC Court issued an indefinite worldwide asset freeze on Aria Commodities DMCC and related entities on October 17. This marks the first global freeze in the ongoing dispute and blocks any movement of funds connected to the alleged fraud. The ruling applies across multiple jurisdictions, strengthening Sun’s efforts to trace and recover the missing reserves.
Sun expressed strong confidence in the ruling, calling it “fair and resolute,” adding that his team is tracing reserve assets across international markets. “Justice may be delayed, but it will never be denied,” he said, reinforcing that “full recovery and restitution” remain the top priority.
Investigations Expand Across Hong Kong, Dubai, Cayman Islands
With the freeze order now active, the case is entering a new phase of legal action. Authorities across Hong Kong, Dubai, the Cayman Islands, and other regions are expected to escalate investigations. Sun stated that additional evidence and recovery steps are already underway, with ongoing probes targeting individuals, including Vincent Chok, Matthew Brittain, and former TrueCoin executives.
How the $456 Million Went Missing
The dispute dates back to 2020 after Techteryx acquired TUSD. TrueCoin, the token’s original operator, continued managing reserves. However, investigations show that TrueCoin, First Digital Trust (FDT), Legacy Trust, and offshore entities tied to Matthew Brittain allegedly fabricated documents, submitted misleading filings, and moved funds out of regulated custody.
The diverted reserves were reportedly transferred to bank accounts connected to Aria DMCC, a Dubai firm owned by Brittain’s spouse. Evidence suggests that FDT CEO Vincent Chok approved and facilitated these transfers, allegedly receiving kickbacks. The U.S. SEC later accused TrueCoin of misleading investors about TUSD’s reserves, exposing deeper operational misconduct.
Sun’s Role in Preventing TUSD Collapse
Despite the controversy, TUSD has maintained near-dollar stability largely due to Justin Sun’s support. As previously reported by Cryptopolitan, Sun issued a significant loan of around $450 million to stabilize Techteryx and prevent disruption for holders.
FDT has denied Sun’s accusations, with Chok stating there is no evidence to support the claims and signaling intent to pursue legal action. Sun, however, remains firm and prepared for a multi-jurisdictional legal fight, framing his efforts as protection for the broader crypto ecosystem.
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#JustinSun #TUSD $TUSD

Zcash (ZEC) may have endured a painful week with a 20% price decline, but fresh institutional confidence has injected new momentum into the privacy-focused cryptocurrency.
A new Digital Asset Treasury (DAT) update from Reliance Global Group has provided a significant boost. The company revealed that it has shifted its entire DAT exclusively into ZEC, fully exiting all other crypto positions following a strategic review by its Crypto Advisory Board.
Reliance Global Makes Full ZEC Allocation
The board concluded that Zcash offered the strongest long-term value proposition among all assets previously held. The company highlighted Zcash’s privacy-preserving architecture, Bitcoin-based foundation, and compliance-oriented flexibility as its core advantages.
In a public statement, Ezra Beyman, Chairman and CEO of Reliance Global Group, explained the decision:
“As we evaluated the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio.”
The move follows recent strong performance from ZEC, previously reported by CryptosNewss, which noted notable gains over the past three months.
Market Pressure Mounts Despite Institutional Vote of Confidence
While the DAT shift supports long-term sentiment, near-term pressure on ZEC remains visible.Across major trading pairs—including BTC, ETH, SOL, and BNB—Zcash fell 13–18% over the week, signaling broader weakness.
Market metrics paint a cautious picture:
Open Interest remains near $695 million, showing traders haven’t exited aggressively.Funding rates remain negative, indicating a persistent short bias.No major leverage unwind is visible, suggesting controlled but bearish sentiment.
Technical Indicators Show Weak Momentum
At press time, ZEC trades around $496, extending its weekly decline beyond 20%.
Key indicators include:
Price broke below the 20-day EMA, showing weakening short-term momentum50, 100, and 200-day EMAs sit far lower, keeping the long-term trend intactRSI signals fading buying strength, not yet oversoldCMF shows negative capital flow, confirming rising sell pressure
ZEC spent the week consolidating under stress, but analysts note room for recovery if demand strengthens—especially with a major entity doubling down on long-term confidence.
The post Zcash Drops 20% but Gets Major Boost as Reliance Global Moves Entire Treasury Into ZEC appeared first on CryptosNewss.com

VanEck’s push to launch the first U.S.-listed BNB exchange-traded fund has taken a significant step forward with a newly updated SEC filing, advancing the proposed product closer to a Nasdaq debut under the ticker VBNB.
On November 21, VanEck Digital Assets submitted Amendment No. 2 to its Form S-1 filing with the U.S. Securities and Exchange Commission. The amendment outlines key operational, valuation, and custody details for the VanEck BNB ETF, reinforcing the company’s intention to list the fund on the Nasdaq Stock Market.
According to the filing, the ETF’s objective is straightforward:“The Trust’s investment objective is to reflect the performance of the price of BNB tokens, less the expenses of the Trust’s operations.”
Designed for Institutional Scale on Nasdaq
VanEck’s filing notes that the ETF will price its shares using inputs from the MarketVector BNB Index, ensuring transparency and consistency in valuation. The structure allows Authorized Participants to manage basket transactions using either cash or in-kind BNB, enabling institutional desks to optimize liquidity during fast-moving market conditions.
The trust emphasizes strong operational clarity, confirming that VanEck Digital Assets LLC is the sponsor.
Not Registered Under the Investment Company Act
The filing highlights that the ETF will not be registered under the Investment Company Act of 1940 and will not employ derivatives, leverage, or CFTC-regulated futures products. This keeps the ETF aligned with the structure used by other spot crypto ETFs that operate independently of traditional mutual fund regulations.
Early capital came through a 4,000-share seed purchase on November 14, 2025, with each share valued at $25,000, reflecting the typical seeding model used by digital asset ETFs.
BNB Staking: Optional Future Feature
The filing confirms that the trust does not currently stake any BNB, but leaves the door open for future staking:
“In the future, to the extent the Sponsor in its sole discretion determines to stake all or a portion of the Trust’s BNB, the Sponsor will engage one or more third-party staking service providers.”
This flexibility signals a potential evolution toward passive yield generation, though no staking activity is included at launch.
Investor Risks Clearly Defined
The amendment stresses that shares are speculative, uninsured, and subject to the full volatility of BNB, including:
Custody and security threatsMarket disruption eventsLiquidity fluctuationsPotential loss of all invested capital
The filing reiterates BNB’s role as the native asset that powers BNB Chain, enabling transaction fees, smart contract execution, and network operations.
Institutional Demand Continues to Rise
Industry observers say that VanEck’s initiative reflects accelerating institutional demand for regulated crypto exposure. Supporters argue that ETF structures bring improved transparency and operational simplicity, removing the complexities of direct token management for institutional investors.
The updated filing marks another milestone in the growing expansion of crypto-linked ETFs, placing BNB alongside Bitcoin, Ethereum, DOGE, and XRP in the race for U.S.-regulated investment products.
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#VanEck #bnb $BNB

Grayscale’s highly anticipated spot Dogecoin ETF (GDOG) debuted with lower-than-expected trading volume, marking a softer start for the first direct-holding DOGE ETF in the United States. Bloomberg ETF analyst Eric Balchunas reported that the fund recorded $1.4 million in first-day volume, significantly below his expectation of $12 million, describing the debut as “solid for an average launch but low for a first-ever spot product.”
The debut arrives during a period of accelerating crypto ETF approvals in the U.S., following the Securities and Exchange Commission's easing of listing standards in September, which opened the door for more speculative asset-based products. Grayscale’s DOGE ETF, which is filed under the Securities Act of 1933, is among the first to offer direct exposure to Dogecoin.
Bitwise DOGE ETF Set to Begin Trading
Grayscale’s new product will soon face competition.On Tuesday, the New York Stock Exchange’s NYSE Arca filed to certify the approval and listing of the Bitwise Dogecoin ETF (BWOW). Bitwise confirmed that BWOW will begin trading on Wednesday, expanding the rapidly growing lineup of spot DOGE investment products.
This marks the arrival of multiple Dogecoin ETFs in a short time frame as major asset managers rush to test market demand for altcoin-focused exchange-traded funds.
How Other Dogecoin ETFs Compare
While Grayscale and Bitwise now offer direct DOGE exposure, the REX Osprey DOGE ETF (DOJE) was technically the first Dogecoin-related ETF in the U.S. after launching in September. DOJE, however, cannot directly hold DOGE due to its filing under the Investment Company Act of 1940, which offers a faster 75-day approval path but restricts asset custody.
DOJE debuted with $17 million in first-day trading volume, outperforming analyst forecasts of $2.5 million and significantly outshining GDOG’s quieter launch.
XRP ETFs Pull Strong Inflows
Dogecoin wasn’t the only crypto asset drawing ETF attention this week.
Two new spot XRP ETFs launched on Monday, attracting a combined $129.95 million in net inflows, according to SoSoValue.
• Franklin XRP ETF (XRPZ): $62.6M inflows• Grayscale XRP Trust ETF (GXRP): $67.4M inflows
These totals, however, remained below the record-breaking levels seen by earlier launches, including:
• Canary XRP ETF (XRPC): $243M on debut (Nov. 14)• Bitwise XRP ETF: $105M on first day (launched Thursday)
ETF analysts Eric Balchunas and James Seyffart believe this is only the beginning. They estimate more than 100 new crypto ETFs could enter the market over the next six months, highlighting a rapidly expanding landscape driven by investor demand and shifting regulatory sentiment.
Conclusion
While Grayscale’s DOGE ETF started slower than many expected, the wave of upcoming altcoin ETFs indicates increasing institutional interest in speculative crypto assets. With Bitwise entering the Dogecoin category immediately after Grayscale, the competition for market share is set to intensify.
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#DOGECOINETF #DOGE $DOGE

A major transformation is unfolding in global commodity markets as Tether, the issuer of the world’s largest stablecoin USDT, has quietly emerged as one of the biggest gold buyers worldwide, surpassing several central banks in total accumulation. According to a chart circulating this week, Tether has purchased 26 tonnes of gold, placing it ahead of sovereign buyers such as Kazakhstan, Brazil, Turkey, and Iraq.
The data shows Kazakhstan acquiring 18 tonnes, Brazil at 15 tonnes, while other countries, including Turkey and Iraq recorded gold purchases in the mid-single digits. Meanwhile, European and Asian nations like Bulgaria, Serbia, and the Philippines appear at the lower end of the chart with only 1–2 tonnes each. This places Tether, a private blockchain company, at the top of a ranking traditionally dominated by national monetary authorities.
The development is particularly striking given that central banks have historically been the largest contributors to global gold demand. This shift signals a growing trend where digital-asset companies are beginning to play a more direct role in shaping traditional macroeconomic flows.
Tether has long been recognized for its large exposure to U.S. Treasuries, forming a key part of the reserves backing USDT. However, its rapid gold accumulation introduces a new dimension to the company’s strategy. Market analysts believe this move may reflect a broader effort to diversify reserves and hedge against macroeconomic uncertainties, currency risk, and inflationary pressures.
The revelation is also drawing attention from traditional gold investors. For decades, “gold bugs” considered central banks to be the primary force behind rising gold prices. Now, a stablecoin issuer appears to be contributing significantly to upward price momentum, challenging long-held assumptions about drivers of the gold market.
If Tether continues accumulating gold at the same pace, analysts predict that its influence may expand well beyond the crypto ecosystem. Its presence could reshape demand trends in global commodities, signaling a powerful convergence between the worlds of digital assets and traditional finance.
For now, Tether’s emergence as a leading gold buyer highlights a new era where crypto companies are beginning to rival sovereign institutions in global economic influence.
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#Tether $USDT